# EDGAR Filing Document

**Accession Number:** 0000035315
**File Stem:** 0000035402-26-000484
**Filing Date:** 2026-1
**Character Count:** 180264
**Document Hash:** 34c6583863b8d5fef4695137419873ba
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000035402-26-000484.hdr.sgml**: 20260123

**ACCESSION NUMBER**: 0000035402-26-000484

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251130

**FILED AS OF DATE**: 20260123

**DATE AS OF CHANGE**: 20260123

**PERIOD START**: 20260831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIDELITY SALEM STREET TRUST
- **CENTRAL INDEX KEY:** 0000035315

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0430

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-02105
- **FILM NUMBER:** 26555434

**BUSINESS ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210
- **BUSINESS PHONE:** 617-563-7000

**MAIL ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIDELITY FIXED INCOME TRUST
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIDELITY FLEXIBLE BOND FUND
- **DATE OF NAME CHANGE:** 19860904

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIDELITY CORPORATE BOND FUND INC
- **DATE OF NAME CHANGE:** 19851225

## Series and Classes Contracts Data

### Fidelity Sustainable Low Duration Bond Fund (Series ID: S000075894)

| Class ID   | Class Name                                                   | Ticker Symbol   |
|:---|:---|:---|
| C000235229 | Fidelity Advisor Sustainable Low Duration Bond Fund: Class A | FAMZX           |
| C000235230 | Fidelity Advisor Sustainable Low Duration Bond Fund: Class M | FAPBX           |
| C000235231 | Fidelity Advisor Sustainable Low Duration Bond Fund: Class C | FANDX           |
| C000235232 | Fidelity Advisor Sustainable Low Duration Bond Fund: Class I | FAPDX           |
| C000235233 | Fidelity Advisor Sustainable Low Duration Bond Fund: Class Z | FAPEX           |
| C000235234 | Fidelity Sustainable Low Duration Bond Fund                  | FAPGX           |

## Nport-Ex

**Quarterly Holdings Report**

**for**

**Fidelity® Sustainable Low Duration Bond Fund**

**November 30, 2025**

SLD-NPRT1-0126

1.9904903.103 ---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Asset-Backed Securities - 20.7%** | &nbsp;&nbsp;**Asset-Backed Securities - 20.7%** | &nbsp;&nbsp;**Asset-Backed Securities - 20.7%** |
|  | Principal<br> Amount (a)<br>| Value ($)<br>|
| UNITED STATES - 20.7%  |  |  |
| Affirm Asset Securitization Trust Series 2025-X1 Class A, 5.08% 4/15/2030 (b) | 44292 | 44375 |
| Affirm Asset Securitization Trust Series 2025-X2 Class A, 4.45% 10/15/2030 (b) | 110000 | 110106 |
| Ally Auto Receivables Trust Series 2025-1 Class A2, 4.03% 7/17/2028  | 135000 | 135043 |
| Autonation Finance Trust Series 2025-1A Class A2, 4.72% 4/10/2028 (b) | 80331 | 80505 |
| BMW Vehicle Lease Trust Series 2025-1 Class A2A, 4.43% 9/27/2027  | 119733 | 120016 |
| BMW Vehicle Lease Trust Series 2025-1 Class A3, 4.43% 6/26/2028  | 185000 | 186352 |
| BofA Auto Trust Series 2025-1A Class A2A, 4.52% 11/22/2027 (b) | 29779 | 29831 |
| Capital One Multi-Asset Execution Trust Series 2019-A3 Class A3, 2.06% 8/15/2028  | 160000 | 157928 |
| Capital One Prime Auto Receivables Trust Series 2024-1 Class A2A, 4.61% 10/15/2027  | 47814 | 47877 |
| Capital One Prime Auto Receivables Trust Series 2025-1 Class A2A, 3.88% 1/16/2029  | 140000 | 140168 |
| CarMax Auto Owner Trust Series 2024-3 Class A2A, 5.21% 9/15/2027  | 20284 | 20329 |
| CarMax Auto Owner Trust Series 2024-4 Class A2A, 4.67% 12/15/2027  | 22615 | 22649 |
| CarMax Auto Owner Trust Series 2025-1 Class A2A, 4.63% 3/15/2028  | 44834 | 44933 |
| CarMax Auto Owner Trust Series 2025-2 Class A2A, 4.59% 7/17/2028  | 56085 | 56225 |
| CarMax Auto Owner Trust Series 2025-3 Class A2A, 4.42% 8/15/2028  | 125000 | 125362 |
| Carmax Auto Owner Trust Series 2025-4 Class A2A, 3.95% 3/15/2029  | 110000 | 110056 |
| CarMax Select Receivables Trust Series 2024-A Class A2A, 5.78% 9/15/2027  | 1096 | 1098 |
| Carvana Auto Receivables Trust 2025-P2 Series 2025-P2 Class A2, 4.56% 8/10/2028  | 88030 | 88193 |
| Carvana Auto Receivables Trust Series 2024-P4 Class A2, 4.62% 2/10/2028  | 11693 | 11701 |
| Carvana Auto Receivables Trust Series 2025-P1 Class A2, 4.5% 6/12/2028  | 14670 | 14683 |
| Carvana Auto Receivables Trust Series 2025-P3 Class A2, 4.07% 2/12/2029  | 105000 | 104947 |
| Chase Auto Owner Trust Series 2024-3A Class A2, 5.53% 9/27/2027 (b) | 4507 | 4513 |
| Chase Auto Owner Trust Series 2024-4A Class A2, 5.25% 9/27/2027 (b) | 10981 | 10998 |
| Citibank Credit Card Issuance Trust Series 2023-A1 Class A1, 5.23% 12/8/2027  | 100000 | 100028 |
| Dell Equip Fin Trust Series 2025-1 Class A2, 4.68% 7/22/2027 (b) | 100000 | 100291 |
| Dell Equipment Finance Trust Series 2024-2 Class A2, 4.69% 8/22/2030 (b) | 62606 | 62720 |
| Dext Abs LLC Series 2025-1 Class A2, 4.59% 8/16/2027 (b) | 83703 | 83873 |
| DLLAA LLC Series 2025-1A Class A2, 4.7% 10/20/2027 (b) | 24381 | 24454 |
| Dllad LLC Series 2025-1A Class A2, 4.46% 11/20/2028 (b) | 75000 | 75381 |
| DLLAD Series 2023-1A Class A3, 4.79% 1/20/2028 (b) | 127337 | 127900 |
| DLLAD Series 2024-1A Class A2, 5.5% 8/20/2027 (b) | 11781 | 11836 |
| DLLMT LLC Series 2024-1A Class A3, 4.84% 8/21/2028 (b) | 145000 | 146283 |
| DLLST Series 2024-1A Class A3, 5.05% 8/20/2027 (b) | 100464 | 100874 |
| DRIVE Series 2025-1 Class A2, 4.87% 8/15/2028  | 42443 | 42538 |
| Enterprise Fleet Financing 2025-2 LLC Series 2025-2 Class A2, 4.51% 2/22/2028 (b) | 127000 | 127521 |
| Enterprise Fleet Financing LLC Series 2023-3 Class A2, 6.4% 3/20/2030 (b) | 61289 | 62107 |
| Enterprise Fleet Financing LLC Series 2024-1 Class A2, 5.23% 3/20/2030 (b) | 121493 | 122405 |
| Enterprise Fleet Financing LLC Series 2024-3 Class A2, 5.31% 4/20/2027 (b) | 25178 | 25298 |
| Enterprise Fleet Financing LLC Series 2024-4 Class A2, 4.69% 7/20/2027 (b) | 54719 | 54886 |
| Enterprise Fleet Financing LLC Series 2025-1 Class A2, 4.65% 10/20/2027 (b) | 67186 | 67413 |
| Exeter Automobile Receivables Trust Series 2025-3A Class A2, 4.83% 1/18/2028  | 68651 | 68737 |
| Exeter Automobile Receivables Trust Series 2025-4A Class A2, 4.53% 3/15/2028  | 95000 | 95084 |
| Exeter Select Automobile Receivables Trust Series 2025-2 Class A2, 4.54% 6/15/2029  | 60000 | 60193 |
| Fiaot Series 2025-1A Class A2, 4.31% 12/15/2028 (b) | 90000 | 90016 |
| Ford Credit Auto Lease Trust Series 2025-A Class A2A, 4.57% 8/15/2027  | 53642 | 53759 |
| Ford Credit Auto Owner Trust Series 2021-1 Class A, 1.37% 10/17/2033 (b) | 130000 | 128646 |
| Ford Credit Auto Owner Trust Series 2024-D Class A2A, 4.59% 10/15/2027  | 29947 | 30006 |
| Ford Credit Auto Owner Trust Series 2025-A Class A2A, 4.47% 12/15/2027  | 119339 | 119608 |
| Ford Credit Floorplan Master Owner Trust A Series 2024-1 Class A1, 5.29% 4/15/2029 (b) | 170000 | 172894 |
| Ford Series 2025-B Class A2A, 4.37% 3/15/2028  | 55000 | 55138 |
| FORDO Series 2024-B Class A2A, 5.4% 4/15/2027  | 11817 | 11837 |
| GM Financial Automobile Leasing Trust Series 2025-1 Class A2A, 4.54% 5/20/2027 (c) | 101923 | 102147 |
| GM Financial Automobile Leasing Trust Series 2025-1 Class A3, 4.66% 2/21/2028  | 100000 | 100790 |
| GM Financial Consumer Automobile Receivables Trust Series 2024-4 Class A2A, 4.53% 10/18/2027  | 24521 | 24546 |
| GM Financial Consumer Automobile Receivables Trust Series 2025-2 Class A2A, 4.4% 2/16/2028  | 102232 | 102415 |
| Gm Financial Leasing Trst Series 2025-3 Class A2A, 4.19% 10/20/2027  | 119000 | 119238 |
| GMF Floorplan Owner Revolving Trust Series 2023-1 Class A1, 5.34% 6/15/2028 (b) | 160000 | 161024 |
| GMF Floorplan Owner Revolving Trust Series 2023-1 Class A2, U.S. 30-Day Avg. SOFR Index + 1.15%, 5.292% 6/15/2028 (b)(c)(d) | 107000 | 107413 |
| GMF Floorplan Owner Revolving Trust Series 2024-3A Class A1, 4.68% 11/15/2028 (b) | 120000 | 120812 |
| GMF Floorplan Owner Revolving Trust Series 2025-1A Class A2, U.S. 30-Day Avg. SOFR Index + 0.6%, 4.742% 3/15/2029 (b)(c)(d) | 100000 | 100189 |
| Gmf Leasing LLC Series 2025-2 Class A2A, 4.55% 7/20/2027  | 107681 | 107972 |
| Greensky Home Improvement Issuer Trust Series 2025-2A Class A2, 4.93% 6/25/2060 (b) | 82765 | 83027 |
| Halst Series 2025-A Class A2A, 4.6% 6/15/2027 (b) | 77170 | 77342 |
| Halst Series 2025-A Class A3, 4.83% 1/18/2028 (b) | 170000 | 171676 |
| Harot Series 2025-2 Class A2A, 4.3% 1/18/2028  | 109000 | 109165 |
| Honda Auto Receivables Owner Trust Series 2023-2 Class A3, 4.93% 11/15/2027  | 55082 | 55321 |
| Honda Auto Receivables Owner Trust Series 2025-1 Class A2, 4.53% 8/23/2027  | 99284 | 99471 |
| Honda Auto Receivables Series 2024-2 Class A2, 5.48% 11/18/2026  | 2086 | 2087 |
| Hyundai Auto Lease Securitization Trust Series 2023-C Class A3, 5.8% 12/15/2026 (b) | 25080 | 25114 |
| Hyundai Auto Lease Securitization Trust Series 2024-B Class A2A, 5.51% 10/15/2026 (b) | 707 | 707 |
| Hyundai Auto Lease Securitization Trust Series 2025-B Class A2A, 4.58% 9/15/2027 (b) | 98469 | 98748 |
| Hyundai Auto Receivables Trust Series 2024-A Class A2A, 5.29% 4/15/2027  | 3345 | 3347 |
| Hyundai Auto Receivables Trust Series 2024-C Class A2A, 4.53% 9/15/2027  | 29830 | 29874 |
| Hyundai Auto Receivables Trust Series 2025-B Class A2A, 4.45% 8/15/2028  | 70000 | 70174 |
| Hyundai Auto Receivables Trust Series 2025-C Class A2A, 3.97% 7/17/2028  | 140000 | 140063 |
| John Deere Owner Trust Series 2024-A Class A2A, 5.19% 2/16/2027  | 5269 | 5271 |
| Kubota Credit Owner Trust 2025-2 Series 2025-2A Class A2, 4.48% 4/17/2028 (b) | 100000 | 100463 |
| Kubota Credit Owner Trust Series 2025-1A Class A2, 4.61% 12/15/2027 (b) | 95183 | 95500 |
| M&T Equipment Notes Series 2025-1A Class A2, 4.7% 12/16/2027 (b) | 50000 | 50300 |
| Marlette Funding Trust 2025-1 Series 2025-1A Class A, 4.75% 7/16/2035 (b) | 57125 | 57219 |
| MBART Series 2025-1 Class A2A, 4.5% 2/15/2028  | 29449 | 29496 |
| Mercedes-Benz Auto Lease Trust Series 2024-A Class A2A, 5.44% 2/16/2027  | 16455 | 16482 |
| Mercedes-Benz Auto Lease Trust Series 2024-B Class A3, 4.23% 2/15/2028  | 130000 | 130218 |
| Mercedes-Benz Auto Lease Trust Series 2025-A Class A2A, 4.57% 4/17/2028  | 85000 | 85454 |
| Porsche Financial Auto Securitization Trust Series 2024-1A Class A2A, 4.45% 1/24/2028 (b) | 15291 | 15297 |
| Porsche Innovative Lease Owner Trust Series 2025-1A Class A2A, 4.6% 12/20/2027 (b) | 90691 | 90930 |
| Post Road Equipment Finance LLC Series 2025-1A Class A2, 4.9% 5/15/2031 (b) | 95973 | 96639 |
| RCKT Trust Series 2025-1A Class A, 4.9% 7/25/2034 (b) | 67344 | 67508 |
| Santander Drive Auto Receivables Trust Series 2025-1 Class A3, 4.74% 1/16/2029  | 20000 | 20052 |
| Santander Drive Auto Receivables Trust Series 2025-2 Class A2, 4.71% 6/15/2028  | 64218 | 64341 |
| SBNA Auto Lease Trust Series 2024-C Class A3, 4.56% 2/22/2028 (b) | 93691 | 93890 |
| SCLP Series 2025-4 Class A, 4.24% 8/25/2035 (b) | 133868 | 133849 |
| SFAST Series 2025-1A Class A2, 4.65% 5/22/2028 (b) | 38593 | 38643 |
| SFS Auto Receivables Securitization Trust Series 2023-1A Class A3, 5.47% 10/20/2028 (b) | 58840 | 59221 |
| SFS Auto Receivables Securitization Trust Series 2024-3A Class A2, 4.71% 5/22/2028 (b) | 8669 | 8677 |
| SFS Auto Receivables Securitization Trust Series 2025-2A Class A2, 4.52% 11/20/2028 (b) | 69814 | 69914 |
| Sfs Auto Receivables Securitization Trust Series 2025-3A Class A2, 4.11% 3/20/2029 (b) | 120000 | 120064 |
| Sfuel Series 2025-BA Class A2, 4.31% 5/22/2028 (b) | 140000 | 140416 |
| Sofi Consumer Loan Program Series 2025-3 Class A, 4.47% 8/15/2034 (b) | 82280 | 82454 |
| Tesla Auto Lease Trust Series 2024-B Class A2A, 4.79% 1/20/2027 (b) | 8473 | 8480 |
| Tesla Lease Electric Vehicle Securitization LLC Series 2025-A Class A2, 4.14% 6/20/2028 (b) | 105000 | 105165 |
| Toyota Auto Loan Extended Note Trust Series 2021-1A Class A, 1.07% 2/27/2034 (b) | 100000 | 99268 |
| Toyota Auto Receivables Owner Trust Series 2025-B Class A2A, 4.46% 3/15/2028  | 143445 | 143715 |
| Toyota Lease Owner Trust Series 2025-A Class A2A, 4.58% 7/20/2027 (b) | 38755 | 38863 |
| Toyota Lease Owner Trust Series 2025-B Class A2A, 3.91% 5/22/2028 (b) | 140000 | 139971 |
| USAA Auto Owner Trust Series 2025-A Class A2, 3.98% 3/15/2028 (b) | 140000 | 140019 |
| USB Auto Owner Trust 2025-1 Series 2025-1A Class A2, 4.51% 6/15/2028 (b) | 104591 | 104826 |
| Verizon Master Trust Series 2025-3 Class A1A, 4.51% 3/20/2030  | 95000 | 95710 |
| Volkswagen Auto Loan Enhanced Trust 2023-2 Series 2023-2 Class A3, 5.48% 12/20/2028  | 107796 | 109012 |
| Volkswagen Auto Loan Enhanced Trust Series 2024-1 Class A2A, 4.65% 11/22/2027  | 68458 | 68617 |
| Volvo Financial Equipment LLC Series 2024-1A Class A3, 4.29% 10/16/2028 (b) | 140000 | 140476 |
| Wheels Fleet Lease Funding 1 LLC Series 2023-2A Class A, 6.46% 8/18/2038 (b) | 56601 | 57297 |
| Wheels Fleet Lease Funding 1 LLC Series 2024-1A Class A1, 5.49% 2/18/2039 (b) | 64428 | 65153 |
| Wheels Fleet Lease Funding 1 LLC Series 2024-2A Class A1, 4.87% 6/21/2039 (b) | 79554 | 80205 |
| Wheels Fleet Lease Funding 1 LLC Series 2025-1A Class A2, CME Term SOFR 1 month Index + 0%, 4.9868% 1/18/2040 (b)(c)(d) | 105000 | 105074 |
| Woart Series 2025-B Class A2A, 4.38% 8/15/2028  | 128109 | 128298 |
| Woart Series 2025-C Class A2A, 4.19% 10/16/2028  | 138000 | 138261 |
| World Omni Auto Receivables Tr Series 2024-A Class A3, 4.86% 3/15/2029  | 125582 | 126251 |
| World Omni Auto Receivables Trust 2023-C Series 2023-C Class A3, 5.15% 11/15/2028  | 84020 | 84465 |
| World Omni Auto Receivables Trust Series 2024-B Class A2A, 5.48% 9/15/2027  | 553 | 553 |
| World Omni Auto Receivables Trust Series 2025-A Class A2A, 4.49% 4/17/2028  | 44604 | 44668 |
| World Omni Select Auto Trust Series 2024-A Class A2A, 5.37% 2/15/2028  | 7979 | 7987 |
| World Omni Select Auto Trust Series 2025-A Class A2A, 4.14% 5/15/2030  | 105000 | 105047 |
| TOTAL UNITED STATES |  | 9711955 |
| <br> **TOTAL ASSET-BACKED SECURITIES**<br> (Cost $9,688,252) |  | <br> **9711955** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Bank Notes - 0.5%** | &nbsp;&nbsp;**Bank Notes - 0.5%** | &nbsp;&nbsp;**Bank Notes - 0.5%** |
|  | Principal<br> Amount (a)<br>| Value ($)<br>|
| UNITED STATES - 0.5%  |  |  |
| Financials - 0.5% |  |  |
| Banks - 0.5% |  |  |
| Citibank NA 5.438% 4/30/2026 <br>(Cost $250,000)<br>| 250000 | **251162** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Collateralized Mortgage Obligations - 0.1%** | &nbsp;&nbsp;**Collateralized Mortgage Obligations - 0.1%** | &nbsp;&nbsp;**Collateralized Mortgage Obligations - 0.1%** |
|  | Principal<br> Amount (a)<br>| Value ($)<br>|
| UNITED STATES - 0.1%  |  |  |
| Ocwen Loan Investment Trust Series 2025-HB1 Class A, 3% 6/25/2038 (b)(c)<br> (Cost $54,172) | 55665 | **54487** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Commercial Mortgage Securities - 0.5%** | &nbsp;&nbsp;**Commercial Mortgage Securities - 0.5%** | &nbsp;&nbsp;**Commercial Mortgage Securities - 0.5%** |
|  | Principal<br> Amount (a)<br>| Value ($)<br>|
| UNITED STATES - 0.5%  |  |  |
| ALA Trust Series 2025-OANA Class A, CME Term SOFR 1 month Index + 1.7426%, 5.7016% 6/15/2040 (b)(c)(d) | 95000 | 95356 |
| BX Trust 2025-ROIC Series 2025-ROIC Class A, CME Term SOFR 1 month Index + 1.1438%, 5.1028% 3/15/2030 (b)(c)(d) | 70724 | 70592 |
| Extended Stay America Trust Series 2025-ESH Class A, CME Term SOFR 1 month Index + 1.3%, 5.259% 10/15/2042 (b)(c)(d) | 88000 | 88137 |
| TOTAL UNITED STATES |  | 254085 |
| <br> **TOTAL COMMERCIAL MORTGAGE SECURITIES**<br> (Cost $253,417) |  | <br> **254085** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Non-Convertible Corporate Bonds - 48.3%** | &nbsp;&nbsp;**Non-Convertible Corporate Bonds - 48.3%** | &nbsp;&nbsp;**Non-Convertible Corporate Bonds - 48.3%** |
|  | Principal<br> Amount (a)<br>| Value ($)<br>|
| AUSTRALIA - 0.2%  |  |  |
| Financials - 0.2% |  |  |
| Banks - 0.2% |  |  |
| Commonwealth Bank of Australia U.S. SOFR Index + 0.46%, 4.47% 11/27/2026 (b)(c)(d) | 91000 | 91191 |
| CANADA - 5.7%  |  |  |
| Communication Services - 0.1% |  |  |
| Wireless Telecommunication Services - 0.1% |  |  |
| Rogers Communications Inc 3.625% 12/15/2025  | 60000 | 59981 |
| Energy - 0.4% |  |  |
| Oil, Gas & Consumable Fuels - 0.4% |  |  |
| Canadian Natural Resources Ltd 3.85% 6/1/2027  | 85000 | 84641 |
| Enbridge Inc 5.9% 11/15/2026  | 85000 | 86340 |
|  |  | 170981 |
| Financials - 5.0% |  |  |
| Banks - 5.0% |  |  |
| Bank of Montreal 0.949% 1/22/2027 (c) | 115000 | 114447 |
| Bank of Montreal 4.567% 9/10/2027 (c) | 124000 | 124438 |
| Bank of Montreal 4.8743% 9/22/2028 (c) | 125000 | 125015 |
| Bank of Nova Scotia/The 2.7% 8/3/2026  | 140000 | 138806 |
| Bank of Nova Scotia/The 2.951% 3/11/2027  | 120000 | 118562 |
| Bank of Nova Scotia/The 5.35% 12/7/2026  | 126000 | 127690 |
| Bank of Nova Scotia/The U.S. SOFR Index + 0.76%, 4.915% 9/15/2028 (c)(d) | 140000 | 140097 |
| Canadian Imperial Bank of Commerce 4.508% 9/11/2027 (c) | 140000 | 140389 |
| Canadian Imperial Bank of Commerce 5.615% 7/17/2026  | 120000 | 121172 |
| Canadian Imperial Bank of Commerce U.S. SOFR Index + 0.8%, 4.9798% 9/8/2028 (c)(d) | 150000 | 150181 |
| Royal Bank of Canada 4.51% 10/18/2027 (c) | 135000 | 135541 |
| Royal Bank of Canada 5.069% 7/23/2027 (c) | 110000 | 110705 |
| Royal Bank of Canada U.S. SOFR Averages Index + 0.72%, 4.801% 10/18/2027 (c)(d) | 90000 | 90238 |
| Royal Bank of Canada U.S. SOFR Index + 0.7%, 4.6944% 11/3/2028 (c)(d) | 190000 | 190181 |
| Toronto Dominion Bank 1.25% 9/10/2026  | 128000 | 125321 |
| Toronto Dominion Bank 4.568% 12/17/2026  | 150000 | 150958 |
| Toronto Dominion Bank 5.532% 7/17/2026  | 113000 | 114074 |
| Toronto Dominion Bank U.S. SOFR Index + 0.62%, 4.7584% 12/17/2026 (c)(d) | 125000 | 125413 |
|  |  | 2343228 |
| Utilities - 0.2% |  |  |
| Independent Power and Renewable Electricity Producers - 0.2% |  |  |
| Emera US Finance LP 3.55% 6/15/2026  | 90000 | 89601 |
| TOTAL CANADA |  | 2663791 |
| CHILE - 0.3%  |  |  |
| Utilities - 0.3% |  |  |
| Electric Utilities - 0.3% |  |  |
| Enel Americas SA 4% 10/25/2026  | 140000 | 139661 |
| FRANCE - 0.8%  |  |  |
| Financials - 0.8% |  |  |
| Banks - 0.8% |  |  |
| BNP Paribas SA 2.591% 1/20/2028 (b)(c) | 200000 | 196345 |
| Societe Generale SA 5.519% 1/19/2028 (b)(c) | 200000 | 202457 |
| TOTAL FRANCE |  | 398802 |
| GERMANY - 0.3%  |  |  |
| Consumer Discretionary - 0.3% |  |  |
| Automobiles - 0.3% |  |  |
| Mercedes-Benz Finance North America LLC 4.9% 1/9/2026 (b) | 150000 | 150096 |
| IRELAND - 1.6%  |  |  |
| Financials - 1.1% |  |  |
| Banks - 0.4% |  |  |
| Bank of Ireland Group PLC 2.029% 9/30/2027 (b)(c) | 200000 | 196480 |
| Consumer Finance - 0.7% |  |  |
| AerCap Ireland Capital DAC / AerCap Global Aviation Trust 1.75% 1/30/2026  | 151000 | 150394 |
| AerCap Ireland Capital DAC / AerCap Global Aviation Trust 4.45% 4/3/2026  | 150000 | 150057 |
|  |  | 300451 |
| TOTAL FINANCIALS |  | 496931 |
| Industrials - 0.5% |  |  |
| Transportation Infrastructure - 0.5% |  |  |
| Avolon Holdings Funding Ltd 4.25% 4/15/2026 (b) | 120000 | 119898 |
| Avolon Holdings Funding Ltd 4.375% 5/1/2026 (b) | 128000 | 127909 |
|  |  | 247807 |
| TOTAL IRELAND |  | 744738 |
| JAPAN - 1.3%  |  |  |
| Communication Services - 0.4% |  |  |
| Diversified Telecommunication Services - 0.4% |  |  |
| NTT Finance Corp 4.567% 7/16/2027 (b) | 200000 | 201508 |
| Financials - 0.9% |  |  |
| Banks - 0.9% |  |  |
| Mizuho Financial Group Inc 1.234% 5/22/2027 (c) | 200000 | 197258 |
| Mizuho Financial Group Inc 1.554% 7/9/2027 (c) | 200000 | 196895 |
|  |  | 394153 |
| TOTAL JAPAN |  | 595661 |
| NETHERLANDS - 1.5%  |  |  |
| Financials - 1.0% |  |  |
| Banks - 1.0% |  |  |
| Cooperatieve Rabobank UA/NY 4.333% 8/28/2026  | 250000 | 250852 |
| ING Groep NV 1.726% 4/1/2027 (c) | 200000 | 198365 |
|  |  | 449217 |
| Information Technology - 0.5% |  |  |
| Semiconductors & Semiconductor Equipment - 0.5% |  |  |
| NXP BV / NXP Funding LLC / NXP USA Inc 3.875% 6/18/2026  | 150000 | 149770 |
| NXP BV / NXP Funding LLC 5.35% 3/1/2026  | 121000 | 121056 |
|  |  | 270826 |
| TOTAL NETHERLANDS |  | 720043 |
| SWEDEN - 0.4%  |  |  |
| Financials - 0.4% |  |  |
| Banks - 0.4% |  |  |
| Swedbank AB 6.136% 9/12/2026 (b) | 200000 | 203220 |
| UNITED KINGDOM - 3.3%  |  |  |
| Financials - 3.0% |  |  |
| Banks - 3.0% |  |  |
| Barclays PLC 6.496% 9/13/2027 (c) | 200000 | 203418 |
| HSBC Holdings PLC 4.041% 3/13/2028 (c) | 200000 | 199636 |
| HSBC Holdings PLC 5.887% 8/14/2027 (c) | 200000 | 202341 |
| Lloyds Banking Group PLC 1.627% 5/11/2027 (c) | 200000 | 197717 |
| Lloyds Banking Group PLC 5.985% 8/7/2027 (c) | 200000 | 202411 |
| NatWest Group PLC 5.583% 3/1/2028 (c) | 200000 | 203501 |
| NatWest Group PLC 5.847% 3/2/2027 (c) | 200000 | 200759 |
|  |  | 1409783 |
| Health Care - 0.3% |  |  |
| Pharmaceuticals - 0.3% |  |  |
| GlaxoSmithKline Capital PLC U.S. SOFR Index + 0.5%, 4.6586% 3/12/2027 (c)(d) | 122000 | 122436 |
| TOTAL UNITED KINGDOM |  | 1532219 |
| UNITED STATES - 32.9%  |  |  |
| Communication Services - 1.1% |  |  |
| Diversified Telecommunication Services - 0.5% |  |  |
| AT&T Inc 1.7% 3/25/2026  | 154000 | 152841 |
| AT&T Inc 3.875% 1/15/2026  | 93000 | 92937 |
|  |  | 245778 |
| Wireless Telecommunication Services - 0.6% |  |  |
| T-Mobile USA Inc 1.5% 2/15/2026  | 155000 | 154143 |
| T-Mobile USA Inc 2.25% 2/15/2026  | 113000 | 112501 |
|  |  | 266644 |
| TOTAL COMMUNICATION SERVICES |  | 512422 |
| Consumer Discretionary - 1.9% |  |  |
| Automobiles - 0.8% |  |  |
| American Honda Finance Corp 4.95% 1/9/2026  | 59000 | 59034 |
| General Motors Financial Co Inc 1.25% 1/8/2026  | 60000 | 59808 |
| General Motors Financial Co Inc 5.25% 3/1/2026  | 100000 | 100045 |
| Hyundai Capital America 5.5% 3/30/2026 (b) | 50000 | 50207 |
| Hyundai Capital America U.S. SOFR Index + 1.12%, 5.2436% 6/23/2027 (b)(c)(d) | 110000 | 110568 |
|  |  | 379662 |
| Leisure Products - 0.2% |  |  |
| Mattel Inc 5.875% 12/15/2027 (b) | 90000 | 90060 |
| Specialty Retail - 0.9% |  |  |
| AutoZone Inc 3.125% 4/21/2026  | 140000 | 139436 |
| Home Depot Inc/The U.S. SOFR Index + 0.33%, 4.4697% 12/24/2025 (c)(d) | 64000 | 64009 |
| O'Reilly Automotive Inc 5.75% 11/20/2026  | 161000 | 163483 |
| Ross Stores Inc 0.875% 4/15/2026  | 40000 | 39495 |
|  |  | 406423 |
| TOTAL CONSUMER DISCRETIONARY |  | 876145 |
| Consumer Staples - 1.9% |  |  |
| Beverages - 0.6% |  |  |
| Keurig Dr Pepper Inc U.S. SOFR Index + 0.58%, 4.5339% 11/15/2026 (c)(d) | 145000 | 144963 |
| Molson Coors Beverage Co 3% 7/15/2026  | 140000 | 139104 |
|  |  | 284067 |
| Consumer Staples Distribution & Retail - 0.8% |  |  |
| Mars Inc 4.45% 3/1/2027 (b) | 46000 | 46312 |
| Mondelez International Holdings Netherlands BV 1.25% 9/24/2026 (b) | 200000 | 195523 |
| Walmart Inc U.S. SOFR Averages Index + 0.43%, 4.4755% 4/28/2027 (c)(d) | 118000 | 118393 |
|  |  | 360228 |
| Food Products - 0.5% |  |  |
| Bunge Ltd Finance Corp 3.25% 8/15/2026  | 108000 | 107367 |
| Kraft Heinz Foods Co 3% 6/1/2026  | 144000 | 143172 |
|  |  | 250539 |
| TOTAL CONSUMER STAPLES |  | 894834 |
| Energy - 1.4% |  |  |
| Oil, Gas & Consumable Fuels - 1.4% |  |  |
| EQT Corp 3.125% 5/15/2026 (b) | 90000 | 89397 |
| MPLX LP 1.75% 3/1/2026  | 114000 | 113270 |
| Phillips 66 1.3% 2/15/2026  | 60000 | 59657 |
| Spectra Energy Partners LP 3.375% 10/15/2026  | 140000 | 139188 |
| Transcontinental Gas Pipe Line Co LLC 7.85% 2/1/2026  | 60000 | 60022 |
| Western Gas Partners LP 4.65% 7/1/2026  | 124000 | 124134 |
| Williams Cos Inc/The 5.4% 3/2/2026  | 60000 | 60209 |
|  |  | 645877 |
| Financials - 18.1% |  |  |
| Banks - 9.7% |  |  |
| Bank of America Corp 1.658% 3/11/2027 (c) | 133000 | 132044 |
| Bank of America Corp 1.734% 7/22/2027 (c) | 110000 | 108288 |
| Bank of America Corp 3.559% 4/23/2027 (c) | 134000 | 133691 |
| Bank of America Corp 3.824% 1/20/2028 (c) | 130000 | 129577 |
| Bank of America Corp 5.08% 1/20/2027 (c) | 115000 | 115112 |
| Bank of America Corp 5.933% 9/15/2027 (c) | 165000 | 167303 |
| Citibank NA U.S. SOFR Index + 0.781%, 4.831% 5/29/2027 (c)(d) | 250000 | 251231 |
| Citigroup Inc 1.462% 6/9/2027 (c) | 60000 | 59145 |
| Citigroup Inc 3.2% 10/21/2026  | 70000 | 69483 |
| Citizens Financial Group Inc 2.85% 7/27/2026  | 104000 | 103094 |
| Fifth Third Bancorp 1.707% 11/1/2027 (c) | 120000 | 117238 |
| JPMorgan Chase & Co 1.578% 4/22/2027 (c) | 90000 | 89093 |
| JPMorgan Chase & Co 2.947% 2/24/2028 (c) | 120000 | 118373 |
| JPMorgan Chase & Co 3.782% 2/1/2028 (c) | 140000 | 139561 |
| JPMorgan Chase & Co 3.96% 1/29/2027 (c) | 155000 | 154901 |
| JPMorgan Chase & Co 5.04% 1/23/2028 (c) | 160000 | 161641 |
| JPMorgan Chase & Co 6.07% 10/22/2027 (c) | 158000 | 160692 |
| Morgan Stanley Private Bank NA U.S. SOFR Index + 0.77%, 4.8686% 7/6/2028 (c)(d) | 250000 | 250492 |
| Morgan Stanley Private Bank NA U.S. SOFR Index + 0.78%, 4.7485% 11/17/2028 (c)(d) | 250000 | 250206 |
| PNC Financial Services Group Inc/The 4.758% 1/26/2027 (c) | 100000 | 100050 |
| PNC Financial Services Group Inc/The 5.102% 7/23/2027 (c) | 190000 | 191049 |
| PNC Financial Services Group Inc/The 6.615% 10/20/2027 (c) | 153000 | 156215 |
| Truist Financial Corp 1.267% 3/2/2027 (c) | 90000 | 89308 |
| Truist Financial Corp 4.123% 6/6/2028 (c) | 100000 | 100165 |
| Truist Financial Corp 6.047% 6/8/2027 (c) | 110000 | 110999 |
| US Bancorp 2.215% 1/27/2028 (c) | 120000 | 117441 |
| US Bancorp 6.787% 10/26/2027 (c) | 124000 | 126906 |
| Wells Fargo & Co 3% 10/23/2026  | 120000 | 118866 |
| Wells Fargo & Co 3% 4/22/2026  | 114000 | 113485 |
| Wells Fargo & Co 3.196% 6/17/2027 (c) | 188000 | 187071 |
| Wells Fargo & Co 3.526% 3/24/2028 (c) | 170000 | 168767 |
| Wells Fargo & Co 4.9% 1/24/2028 (c) | 160000 | 161369 |
| Wells Fargo & Co 5.707% 4/22/2028 (c) | 100000 | 102129 |
|  |  | 4554985 |
| Capital Markets - 5.7% |  |  |
| Athene Global Funding 1.73% 10/2/2026 (b) | 119000 | 116614 |
| Athene Global Funding 4.86% 8/27/2026 (b) | 108000 | 108465 |
| Athene Global Funding 4.95% 1/7/2027 (b) | 110000 | 110871 |
| Athene Global Funding 5.339% 1/15/2027 (b) | 135000 | 136747 |
| Bank of New York Mellon Corp/The U.S. SOFR Averages Index + 0.68%, 4.8565% 6/9/2028 (c)(d) | 160000 | 160291 |
| Bank of New York Mellon U.S. SOFR Averages Index + 0.71%, 4.791% 4/20/2027 (c)(d) | 250000 | 250344 |
| Equitable America Global Funding U.S. SOFR Index + 0.71%, 4.865% 9/15/2027 (b)(c)(d) | 78000 | 78086 |
| Goldman Sachs Group Inc/The 1.093% 12/9/2026 (c) | 114000 | 113914 |
| Goldman Sachs Group Inc/The 1.431% 3/9/2027 (c) | 170000 | 168715 |
| Goldman Sachs Group Inc/The 1.948% 10/21/2027 (c) | 150000 | 147052 |
| Goldman Sachs Group Inc/The 3.5% 11/16/2026  | 43000 | 42817 |
| Goldman Sachs Group Inc/The 3.615% 3/15/2028 (c) | 160000 | 158942 |
| Goldman Sachs Group Inc/The 4.387% 6/15/2027 (c) | 188000 | 188119 |
| Goldman Sachs Group Inc/The U.S. SOFR Index + 1.29%, 5.352% 4/23/2028 (c)(d) | 90000 | 90739 |
| LPL Holdings Inc 4.625% 11/15/2027 (b) | 128000 | 127973 |
| Morgan Stanley 0.985% 12/10/2026 (c) | 109000 | 108906 |
| Morgan Stanley 1.512% 7/20/2027 (c) | 150000 | 147509 |
| Morgan Stanley 1.593% 5/4/2027 (c) | 140000 | 138471 |
| Morgan Stanley 3.125% 7/27/2026  | 108000 | 107391 |
| Morgan Stanley 5.05% 1/28/2027 (c) | 98000 | 98101 |
| State Street Corp U.S. SOFR Index + 0.95%, 5.0067% 4/24/2028 (c)(d) | 58000 | 58359 |
|  |  | 2658426 |
| Consumer Finance - 0.9% |  |  |
| American Express Co 5.389% 7/28/2027 (c) | 85000 | 85754 |
| American Express Co 5.645% 4/23/2027 (c) | 135000 | 135835 |
| Toyota Motor Credit Corp U.S. SOFR Averages Index + 0.45%, 4.5483% 4/10/2026 (c)(d) | 90000 | 90082 |
| Toyota Motor Credit Corp U.S. SOFR Index + 0.71%, 4.6662% 5/14/2027 (c)(d) | 130000 | 130674 |
|  |  | 442345 |
| Financial Services - 0.5% |  |  |
| Aviation Capital Group LLC 1.95% 9/20/2026 (b) | 110000 | 108008 |
| Corebridge Global Funding 5.75% 7/2/2026 (b) | 90000 | 90902 |
| Western Union Co/The 1.35% 3/15/2026  | 55000 | 54507 |
|  |  | 253417 |
| Insurance - 1.3% |  |  |
| Brown & Brown Inc 4.6% 12/23/2026  | 43000 | 43198 |
| Equitable Financial Life Global Funding 1% 1/9/2026 (b) | 120000 | 119579 |
| Equitable Financial Life Global Funding 1.3% 7/12/2026 (b) | 90000 | 88494 |
| Equitable Financial Life Global Funding 5.5% 12/2/2025 (b) | 120000 | 120004 |
| Jackson National Life Global Funding 3.05% 4/29/2026 (b) | 90000 | 89585 |
| Jackson National Life Global Funding 4.9% 1/13/2027 (b) | 150000 | 151165 |
|  |  | 612025 |
| TOTAL FINANCIALS |  | 8521198 |
| Health Care - 1.8% |  |  |
| Biotechnology - 0.2% |  |  |
| Gilead Sciences Inc 3.65% 3/1/2026  | 100000 | 99876 |
| Health Care Providers & Services - 1.2% |  |  |
| Cigna Group/The 1.25% 3/15/2026  | 55000 | 54545 |
| CVS Health Corp 2.875% 6/1/2026  | 147000 | 146042 |
| CVS Health Corp 3% 8/15/2026  | 155000 | 153750 |
| CVS Health Corp 5% 2/20/2026  | 106000 | 106114 |
| HCA Inc 5.25% 6/15/2026  | 100000 | 100077 |
|  |  | 560528 |
| Pharmaceuticals - 0.4% |  |  |
| Merck & Co Inc U.S. SOFR Index + 0.46%, 4.6365% 9/15/2027 (c)(d) | 138000 | 138767 |
| Pfizer Inc U.S. SOFR Index + 0.5%, 4.4277% 11/15/2027 (c)(d) | 39000 | 39097 |
|  |  | 177864 |
| TOTAL HEALTH CARE |  | 838268 |
| Industrials - 1.3% |  |  |
| Aerospace & Defense - 0.4% |  |  |
| L3Harris Technologies Inc 3.85% 12/15/2026  | 176000 | 175690 |
| Ground Transportation - 0.3% |  |  |
| CSX Corp 2.6% 11/1/2026  | 130000 | 128387 |
| Industrial Conglomerates - 0.2% |  |  |
| Trane Technologies Financing Ltd 3.5% 3/21/2026  | 92000 | 91774 |
| Machinery - 0.3% |  |  |
| Caterpillar Financial Services Corp U.S. SOFR Index + 0.69%, 4.7793% 10/16/2026 (c)(d) | 150000 | 150640 |
| Trading Companies & Distributors - 0.1% |  |  |
| Air Lease Corp 2.875% 1/15/2026  | 53000 | 52900 |
| TOTAL INDUSTRIALS |  | 599391 |
| Information Technology - 2.2% |  |  |
| Electronic Equipment, Instruments & Components - 0.3% |  |  |
| Dell International LLC / EMC Corp 4.9% 10/1/2026  | 140000 | 140750 |
| Dell International LLC / EMC Corp 6.02% 6/15/2026  | 22000 | 22133 |
|  |  | 162883 |
| Semiconductors & Semiconductor Equipment - 0.2% |  |  |
| Marvell Technology Inc 1.65% 4/15/2026  | 90000 | 89152 |
| Software - 1.5% |  |  |
| Oracle Corp 2.65% 7/15/2026  | 115000 | 113941 |
| Oracle Corp 2.8% 4/1/2027  | 140000 | 137254 |
| Roper Technologies Inc 3.8% 12/15/2026  | 140000 | 139658 |
| Roper Technologies Inc 3.85% 12/15/2025  | 129000 | 128964 |
| VMware LLC 1.4% 8/15/2026  | 165000 | 162096 |
|  |  | 681913 |
| Technology Hardware, Storage & Peripherals - 0.2% |  |  |
| Hewlett Packard Enterprise Co 4.45% 9/25/2026  | 103000 | 103315 |
| TOTAL INFORMATION TECHNOLOGY |  | 1037263 |
| Materials - 0.1% |  |  |
| Chemicals - 0.1% |  |  |
| Celanese US Holdings LLC 1.4% 8/5/2026  | 60000 | 58600 |
| Real Estate - 1.9% |  |  |
| Diversified REITs - 0.3% |  |  |
| Vici Properties LP / Vici Note Co Inc 4.25% 12/1/2026 (b) | 135000 | 134929 |
| Office REITs - 0.3% |  |  |
| COPT Defense Properties LP 2.25% 3/15/2026  | 140000 | 139112 |
| Retail REITs - 0.3% |  |  |
| Realty Income Corp 3% 1/15/2027  | 150000 | 148360 |
| Specialized REITs - 1.0% |  |  |
| American Tower Corp 1.6% 4/15/2026  | 109000 | 107996 |
| American Tower Corp 3.375% 10/15/2026  | 135000 | 134200 |
| American Tower Corp 4.4% 2/15/2026  | 64000 | 64000 |
| Crown Castle Inc 1.05% 7/15/2026  | 152000 | 149051 |
|  |  | 455247 |
| TOTAL REAL ESTATE |  | 877648 |
| Utilities - 1.2% |  |  |
| Electric Utilities - 0.9% |  |  |
| DTE Electric Co 4.25% 5/14/2027  | 24000 | 24167 |
| Eversource Energy 4.75% 5/15/2026  | 100000 | 100286 |
| FirstEnergy Corp 1.6% 1/15/2026  | 109000 | 108548 |
| NextEra Energy Capital Holdings Inc 4.685% 9/1/2027  | 63000 | 63667 |
| Oncor Electric Delivery Co LLC 4.5% 3/20/2027 (b) | 65000 | 65490 |
| Pacific Gas and Electric Co 2.95% 3/1/2026  | 50000 | 49802 |
| Vistra Operations Co LLC 5.05% 12/30/2026 (b) | 21000 | 21182 |
|  |  | 433142 |
| Multi-Utilities - 0.3% |  |  |
| Dominion Energy Inc 1.45% 4/15/2026  | 130000 | 128691 |
| TOTAL UTILITIES |  | 561833 |
| TOTAL UNITED STATES |  | 15423479 |
| <br> **TOTAL NON-CONVERTIBLE CORPORATE BONDS**<br> (Cost $22,570,483) |  | <br> **22662901** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**U.S. Treasury Obligations - 26.4%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 26.4%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 26.4%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 26.4%** |
|  | Yield (%) (e) | Principal<br> Amount (a)<br>| Value ($)<br>|
| US Treasury Bills 0% 1/29/2026  | 3.75 to 3.80 | 2400000 | 2385016 |
| US Treasury Bills 0% 12/18/2025  | 3.90 | 1000000 | 998154 |
| US Treasury Bills 0% 2/24/2026  | 3.77 to 3.81 | 1950000 | 1933026 |
| US Treasury Bills 0% 5/14/2026  | 3.73 | 1500000 | 1475032 |
| US Treasury Notes 3.5% 9/30/2026  | 3.86 to 4.36 | 2715600 | 2711739 |
| US Treasury Notes 3.625% 8/31/2027  | 3.52 to 3.61 | 1375000 | 1377202 |
| US Treasury Notes 4.125% 1/31/2027  | 3.89 to 4.08 | 1500000 | 1508613 |
| <br> **TOTAL U.S. TREASURY OBLIGATIONS**<br> (Cost $12,371,591) |  |  | **12388782** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Money Market Funds - 3.0%** | &nbsp;&nbsp;**Money Market Funds - 3.0%** | &nbsp;&nbsp;**Money Market Funds - 3.0%** | &nbsp;&nbsp;**Money Market Funds - 3.0%** |
|  | Yield (%) | Shares | Value ($)<br>|
| Fidelity Cash Central Fund (f)<br>(Cost $1,398,329)<br>| 4.02 | 1398049 | **1398329** |

---

---

| | |
|:---|:---|
| <br> **TOTAL INVESTMENT IN SECURITIES - 99.5%**<br> (Cost $46,586,244)<br>| <br>**46721701** |
| **NET OTHER ASSETS (LIABILITIES) - 0.5%**  | **252003** |
| **NET ASSETS - 100.0%** | **46973704** |

---

**Legend**

(a) Amount is stated in United States dollars unless otherwise noted.

(b) Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At the end of the period, the value of these securities amounted to $9,264,796 or 19.7% of net assets.

(c) Coupon rates for floating and adjustable rate securities reflect the rates in effect at period end.

(d) Coupon is indexed to a floating interest rate which may be multiplied by a specified factor and/or subject to caps or floors.

(e) Yield represents either the annualized yield at the date of purchase, or the stated coupon rate, or, for floating and adjustable rate securities, the rate at period end.

(f) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.

**Affiliated Central Funds**

Fiscal year to date information regarding the Fund's investments in Fidelity Central Funds, including the ownership percentage, is presented below.

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Affiliate  | Value,<br> beginning<br> of period ($) | Purchases ($) | Sales<br> Proceeds ($) | Dividend<br> Income ($) | Realized<br> Gain (loss) ($) | Change in<br> Unrealized<br> appreciation<br> (depreciation) ($) | Value,<br> end<br> of period ($) | <br>Shares,<br> end<br> of period  | % ownership,<br> end<br> of period |
| Fidelity Cash Central Fund | 1324656 | 7652319 | 7578637 | 9458 | (9) | - | 1398329 | 1398049 | 0.0% |
| Total | 1324656 | 7652319 | 7578637 | 9458 | (9) | - | 1398329 |  |  |

---

Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds.

**Investment Valuation**

Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. Securities transactions are accounted for as of trade date. The Board of Trustees (the Board) has designated the Fund's investment adviser as the valuation designee responsible for the fair valuation function and performing fair value determinations as needed. The investment adviser has established a Fair Value Committee (the Committee) to carry out the day-to-day fair valuation responsibilities and has adopted policies and procedures to govern the fair valuation process and the activities of the Committee. In accordance with these fair valuation policies and procedures, which have been approved by the Board, the Fund attempts to obtain prices from one or more third party pricing services or brokers to value its investments. When current market prices, quotations or currency exchange rates are not readily available or reliable, investments will be fair valued in good faith by the Committee, in accordance with the policies and procedures. Factors used in determining fair value vary by investment type and may include market or investment specific events, transaction data, estimated cash flows, and market observations of comparable investments. The frequency that the fair valuation procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee manages the Fund's fair valuation practices and maintains the fair valuation policies and procedures. The Fund's investment adviser reports to the Board information regarding the fair valuation process and related material matters.

The inputs to valuation techniques used to value investments are categorized into a disclosure hierarchy consisting of three levels as shown below:

Level 1 - Unadjusted quoted prices in active markets for identical investments

Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, etc.)

Level 3 - unobservable inputs (including the Fund's own assumptions based on the best information available)

Valuation techniques used to value investments by major category are as follows:

Debt securities, including restricted securities, are valued based on evaluated prices received from third party pricing services or from brokers who make markets in such securities. U.S. Treasury Obligations, Bank Notes and Non-Convertible Corporate Bonds are valued by pricing services who utilize matrix pricing which considers yield or price of bonds of comparable quality, coupon, maturity and type or by broker-supplied prices. Asset-Backed Securities, Collateralized Mortgage Obligations and Commercial Mortgage Securities are valued by pricing services who utilize matrix pricing which considers prepayment speed assumptions, attributes of the collateral, yield or price of bonds of comparable quality, coupon, maturity and type or by broker-supplied prices. When independent prices are unavailable or unreliable, debt securities may be valued utilizing pricing methodologies which consider similar factors that would be used by third party pricing services. Debt securities are generally categorized as Level 2 in the hierarchy but may be Level 3 depending on the circumstances.

Investments in any open-end mutual funds are valued at their closing net asset value (NAV) each business day and are categorized as Level 1 in the hierarchy.

Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy.

For additional information on the Fund's significant accounting policies, please refer to the Fund's most recent semiannual or annual shareholder report.

*The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.*

*Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.*

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Fidelity Salem Street Trust

- **b. Investment Company Act file number:** 811-02105

- **c. CIK number of Registrant:** 0000035315

- **d. LEI of Registrant:** S4W85DGKOEJ24DPRB829

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

  - **Street Address 1:** 245 Summer Street

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02210

  - **Telephone number:** 1-800-FIDELITY

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

- **a. Name of Series:** Fidelity Sustainable Low Duration Bond Fund

- **b. EDGAR series identifier (if any):** S000075894

- **c. LEI of Series:** 5493002M7O0QPB958A79

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

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

- **b. Date as of which information is reported:** 2025-11-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $47018539.34

**Total Liabilities:** $123810.19

**Net Assets:** $46894729.15

**Cash Not Reported:** $850173.91

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 972.83064980 | **1-Year:** 2179.15476929 | **5-Year:** 865.35902778 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

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

- **3-Month:** 4.45841301 | **1-Year:** 7.38008179 | **5-Year:** 3.14250797 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000235229 | 0.32%                | 0.33%                | 0.32%                |
| Class ID C000235230 | 0.32%                | 0.33%                | 0.32%                |
| Class ID C000235231 | 0.35%                | 0.16%                | 0.35%                |
| Class ID C000235232 | 0.34%                | 0.34%                | 0.34%                |
| Class ID C000235233 | 0.34%                | 0.35%                | 0.34%                |
| Class ID C000235234 | 0.34%                | 0.34%                | 0.34%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $2057.25                 | $24869.70                                  |
| Month 2  | $2524.40                 | $-21494.23                                 |
| Month 3  | $2972.84                 | $9545.64                                   |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Fidelity Revere Street Trust                              | Fidelity Cash Central Fund                                                   | CUSIP: 31635A105<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |    548046 | NS      | $548155.33    | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| GILEAD SCIENCES INC                                       | GILEAD SCIENCES INC 3.65% 03/01/2026                                         | CUSIP: 375558BF9<br>LEI: 549300WTZWR07K8MNV44 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99875.82     | 0.21%             | 2026-03-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICATIONS INC                                 | ROGERS COMMUNICATIONS INC 3.625% 12/15/2025                                  | CUSIP: 775109BE0<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |     60000 | PA      | $59981.06     | 0.13%             | 2025-12-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| ROPER TECHNOLOGIES INC                                    | ROPER TECHNOLOGIES INC 3.85% 12/15/2025                                      | CUSIP: 776743AB2<br>LEI: 549300LJXD867XMVE759 | Long             | DBT              | CORP              | US        |    129000 | PA      | $128964.02    | 0.28%             | 2025-12-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                       | AMERICAN TOWER CORP 4.4% 02/15/2026                                          | CUSIP: 03027XAJ9<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |     64000 | PA      | $64000.23     | 0.14%             | 2026-02-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS and ELECTRIC CO                               | PACIFIC GAS and ELECTRIC CO 2.95% 03/01/2026                                 | CUSIP: 694308HP5<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49802.08     | 0.11%             | 2026-03-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| GENERAL MTRS FINL CO INC                                  | GENERAL MTRS FINL CO INC 5.25% 03/01/2026                                    | CUSIP: 37045XBG0<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100044.89    | 0.21%             | 2026-03-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                   | HCA INC 5.25% 06/15/2026                                                     | CUSIP: 404119BT5<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100076.80    | 0.21%             | 2026-06-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO and CO                                        | WELLS FARGO and CO NEW 3% 04/22/2026                                         | CUSIP: 949746RW3<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    114000 | PA      | $113485.34    | 0.24%             | 2026-04-22      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| AUTOZONE INC                                              | AUTOZONE INC 3.125% 04/21/2026                                               | CUSIP: 053332AT9<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | DBT              | CORP              | US        |    140000 | PA      | $139436.47    | 0.30%             | 2026-04-21      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| JACKSON NATL LIFE GLOBAL FDG                              | JACKSON NATL LIFE GLOBAL FDG 3.05% 04/29/2026 144A                           | CUSIP: 46849LSQ5<br>LEI: 635400PQXLYXWJI5QD78 | Long             | DBT              | CORP              | US        |     90000 | PA      | $89584.62     | 0.19%             | 2026-04-29      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                       | AMERICAN TOWER CORP 3.375% 10/15/2026                                        | CUSIP: 03027XAK6<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |    135000 | PA      | $134198.96    | 0.29%             | 2026-10-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                           | CVS HEALTH CORP 2.875% 06/01/2026                                            | CUSIP: 126650CU2<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    147000 | PA      | $146042.42    | 0.31%             | 2026-06-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| MOLSON COORS BEVERAGE CO                                  | MOLSON COORS BEVERAGE CO 3% 07/15/2026                                       | CUSIP: 60871RAG5<br>LEI: 54930073LBBH6ZCBE225 | Long             | DBT              | CORP              | US        |    140000 | PA      | $139104.40    | 0.30%             | 2026-07-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                               | ORACLE CORP 2.65% 07/15/2026                                                 | CUSIP: 68389XBM6<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    115000 | PA      | $113940.71    | 0.24%             | 2026-07-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| WESTERN GAS PARTNERS LP                                   | WESTERN GAS PARTNERS LP 4.65% 07/01/2026                                     | CUSIP: 958254AF1<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |    124000 | PA      | $124134.04    | 0.26%             | 2026-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                            | MORGAN STANLEY 3.125% 07/27/2026                                             | CUSIP: 61761J3R8<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    108000 | PA      | $107390.76    | 0.23%             | 2026-07-27      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| BUNGE LTD FIN CORP                                        | BUNGE LTD FIN CORP 3.25% 08/15/2026                                          | CUSIP: 120568AX8<br>LEI: 549300QHC068L40NNM71 | Long             | DBT              | CORP              | US        |    108000 | PA      | $107367.03    | 0.23%             | 2026-08-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| KRAFT HEINZ FOODS CO                                      | KRAFT HEINZ FOODS CO 3% 06/01/2026                                           | CUSIP: 50077LAD8<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |    144000 | PA      | $143172.41    | 0.31%             | 2026-06-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                                        | REALTY INCOME CORP 3% 01/15/2027                                             | CUSIP: 756109AS3<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148360.35    | 0.32%             | 2027-01-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| SPECTRA ENERGY PARTNERS LP                                | SPECTRA ENERGY PARTNERS LP 3.375% 10/15/2026                                 | CUSIP: 84756NAH2<br>LEI: 2HKVXE7U4NF5B6UGSU72 | Long             | DBT              | CORP              | US        |    140000 | PA      | $139188.32    | 0.30%             | 2026-10-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| CSX CORP                                                  | CSX CORP 2.6% 11/01/2026                                                     | CUSIP: 126408HE6<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |    130000 | PA      | $128386.93    | 0.27%             | 2026-11-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                             | CITIGROUP INC 3.2% 10/21/2026                                                | CUSIP: 172967KY6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     70000 | PA      | $69483.16     | 0.15%             | 2026-10-21      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO and CO                                        | WELLS FARGO and CO NEW 3% 10/23/2026                                         | CUSIP: 949746SH5<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    120000 | PA      | $118866.30    | 0.25%             | 2026-10-23      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| ENEL AMERICAS SA                                          | ENEL AMERICAS SA 4% 10/25/2026                                               | CUSIP: 29274FAF1<br>LEI: 549300LKH11TFCJLZK20 | Long             | DBT              | CORP              | CL        |    140000 | PA      | $139660.88    | 0.30%             | 2026-10-25      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC (THE)                             | GOLDMAN SACHS GROUP INC (THE) 3.5% 11/16/2026                                | CUSIP: 38145GAH3<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |     43000 | PA      | $42816.76     | 0.09%             | 2026-11-16      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| ROPER TECHNOLOGIES INC                                    | ROPER TECHNOLOGIES INC 3.8% 12/15/2026                                       | CUSIP: 776743AD8<br>LEI: 549300LJXD867XMVE759 | Long             | DBT              | CORP              | US        |    140000 | PA      | $139657.31    | 0.30%             | 2026-12-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| TRANSCONTINENTAL GAS PIPE LINE CO LLC                     | TRANSCONTINENTAL GAS LINE LLC 7.85% 02/01/2026                               | CUSIP: 893574AH6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     60000 | PA      | $60021.92     | 0.13%             | 2026-02-01      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| EMERA US FINANCE LP                                       | EMERA US FINANCE LP 3.55% 06/15/2026                                         | CUSIP: 29103DAJ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     90000 | PA      | $89601.37     | 0.19%             | 2026-06-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                               | BANK OF AMERICA CORPORATION 3.824%/VAR 01/20/2028                            | CUSIP: 06051GGF0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    130000 | PA      | $129576.75    | 0.28%             | 2028-01-20      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE and CO                                     | JPMORGAN CHASE and CO 3.782%/VAR 02/01/2028                                  | CUSIP: 46625HRY8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    140000 | PA      | $139561.20    | 0.30%             | 2028-02-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                         | HSBC HOLDINGS PLC 4.041%/VAR 03/13/2028                                      | CUSIP: 404280BK4<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $199636.09    | 0.43%             | 2028-03-13      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| CANADIAN NATURAL RESOURCES LTD                            | CANADIAN NATL RESOURCES LTD 3.85% 06/01/2027                                 | CUSIP: 136385AX9<br>LEI: 549300T15RIMIKZC5Q38 | Long             | DBT              | CORP              | CA        |     85000 | PA      | $84641.44     | 0.18%             | 2027-06-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE and CO                                     | JPMORGAN CHASE and CO 3.96%/VAR 01/29/2027                                   | CUSIP: 46647PBA3<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    155000 | PA      | $154901.23    | 0.33%             | 2027-01-29      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| TRANE TECHNOLOGIES FINANCING LTD                          | TRANE TECHNOLOGIES FINANCING LTD 3.5% 03/21/2026                             | CUSIP: 456873AE8<br>LEI: 549300A5OEF3CJI2CO89 | Long             | DBT              | CORP              | IE        |     92000 | PA      | $91773.96     | 0.20%             | 2026-03-21      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATION TRUST | AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATION TRUST 4.45% 04/03/2026   | CUSIP: 00774MAL9<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    150000 | PA      | $150057.61    | 0.32%             | 2026-04-03      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| AVOLON HOLDINGS FUNDING LTD                               | AVOLON HOLDINGS FUNDING LTD 4.375% 05/01/2026 144A                           | CUSIP: 05401AAG6<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |    128000 | PA      | $127908.88    | 0.27%             | 2026-05-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                               | BANK OF AMERICA CORPORATION 3.559%/VAR 04/23/2027                            | CUSIP: 06051GHT9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    134000 | PA      | $133691.44    | 0.29%             | 2027-04-23      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| AT and T INC                                              | AT and T INC 3.875% 01/15/2026                                               | CUSIP: 00206RHT2<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     93000 | PA      | $92937.19     | 0.20%             | 2026-01-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO and CO                                        | WELLS FARGO and CO NEW 3.196%/VAR 06/17/2027                                 | CUSIP: 95000U2F9<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    188000 | PA      | $187070.13    | 0.40%             | 2027-06-17      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| CITIZENS FINANCIAL GRP INC                                | CITIZENS FINANCIAL GRP INC 2.85% 07/27/2026                                  | CUSIP: 174610AR6<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |    104000 | PA      | $103093.90    | 0.22%             | 2026-07-27      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| THE BANK OF NOVA SCOTIA                                   | BANK OF NOVA SCOTIA 2.7% 08/03/2026                                          | CUSIP: 064159QE9<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    140000 | PA      | $138806.29    | 0.30%             | 2026-08-03      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                           | CVS HEALTH CORP 3% 08/15/2026                                                | CUSIP: 126650DF4<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    155000 | PA      | $153750.05    | 0.33%             | 2026-08-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| CAPTIAL ONE MULTI-ASSET EXECUT                            | CAPITAL ONE MULTI-ASST EXEC TR 2.06% 08/15/2028                              | CUSIP: 14041NFV8<br>LEI: R42WS16M9R97TJJKGU15 | Long             | ABS-CBDO         | CORP              | US        |    160000 | PA      | $157926.53    | 0.34%             | 2028-08-15      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| LPL HOLDINGS INC                                          | LPL HOLDINGS INC 4.625% 11/15/2027 144A                                      | CUSIP: 50212YAC8<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |    128000 | PA      | $127972.62    | 0.27%             | 2027-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES LP / VICI NOTE CO INC                     | VICI PROPERTIES LP / VICI NOTE CO INC 4.25% 12/01/2026 144A                  | CUSIP: 92564RAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    135000 | PA      | $134928.71    | 0.29%             | 2026-12-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MATTEL INC                                                | MATTEL INC 5.875% 12/15/2027 144A                                            | CUSIP: 577081BD3<br>LEI: 549300VELLG24KHTJ564 | Long             | DBT              | CORP              | US        |     90000 | PA      | $90059.50     | 0.19%             | 2027-12-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                               | ORACLE CORP 2.8% 04/01/2027                                                  | CUSIP: 68389XBU8<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    140000 | PA      | $137254.24    | 0.29%             | 2027-04-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| L3HARRIS TECHNOLOGIES INC                                 | L3HARRIS TECHNOLOGIES INC 3.85% 12/15/2026                                   | CUSIP: 502431AL3<br>LEI: 549300UTE50ZMDBG8A20 | Long             | DBT              | CORP              | US        |    176000 | PA      | $175689.93    | 0.37%             | 2026-12-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| FIRSTENERGY CORP                                          | FIRSTENERGY CORP 1.6% 01/15/2026                                             | CUSIP: 337932AN7<br>LEI: 549300SVYJS666PQJH88 | Long             | DBT              | CORP              | US        |    109000 | PA      | $108548.49    | 0.23%             | 2026-01-15      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORP                                            | AIR LEASE CORP 2.875% 01/15/2026                                             | CUSIP: 00914AAJ1<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |     53000 | PA      | $52900.32     | 0.11%             | 2026-01-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                   | MPLX LP 1.75% 03/01/2026                                                     | CUSIP: 55336VBR0<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |    114000 | PA      | $113269.81    | 0.24%             | 2026-03-01      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| COPT DEFENSE PROPERTIES LP                                | COPT DEFENSE PROPERTIES LP 2.25% 03/15/2026                                  | CUSIP: 22003BAL0<br>LEI: H0TWO5VRNEP6CQAWPX27 | Long             | DBT              | CORP              | US        |    140000 | PA      | $139112.49    | 0.30%             | 2026-03-15      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| ROSS STORES INC                                           | ROSS STORES INC 0.875% 04/15/2026                                            | CUSIP: 778296AF0<br>LEI: 549300ENZFLPGRDFZQ60 | Long             | DBT              | CORP              | US        |     40000 | PA      | $39494.89     | 0.08%             | 2026-04-15      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| PHILLIPS 66                                               | PHILLIPS 66 1.3% 02/15/2026                                                  | CUSIP: 718546AZ7<br>LEI: 5493005JBO5YSIGK1814 | Long             | DBT              | CORP              | US        |     60000 | PA      | $59657.42     | 0.13%             | 2026-02-15      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| AVOLON HOLDINGS FUNDING LTD                               | AVOLON HOLDINGS FUNDING LTD 4.25% 04/15/2026 144A                            | CUSIP: 05401AAL5<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |    120000 | PA      | $119898.65    | 0.26%             | 2026-04-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC (THE)                             | GOLDMAN SACHS GROUP INC (THE) 1.093%/VAR 12/09/2026                          | CUSIP: 38141GXM1<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    114000 | PA      | $113914.22    | 0.24%             | 2026-12-09      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                            | MORGAN STANLEY 0.985%/VAR 12/10/2026                                         | CUSIP: 6174468V4<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    109000 | PA      | $108906.19    | 0.23%             | 2026-12-10      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| GENERAL MTRS FINL CO INC                                  | GENERAL MTRS FINL CO INC 1.25% 01/08/2026                                    | CUSIP: 37045XDD5<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |     60000 | PA      | $59807.84     | 0.13%             | 2026-01-08      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| EQUITABLE FINANCIAL LIFE GLOBAL FUNDING                   | EQUITABLE FINANCIAL LIFE GLOBAL FUNDING 1% 01/09/2026 144A                   | CUSIP: 29449WAE7<br>LEI: 635400B4JJBON4TCHF02 | Long             | DBT              | CORP              | US        |    120000 | PA      | $119579.36    | 0.25%             | 2026-01-09      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATION TRUST | AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATION TRUST 1.75% 01/30/2026   | CUSIP: 00774MAS4<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    151000 | PA      | $150393.62    | 0.32%             | 2026-01-30      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                          | T-MOBILE USA INC 2.25% 02/15/2026                                            | CUSIP: 87264ABR5<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    113000 | PA      | $112501.05    | 0.24%             | 2026-02-15      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL QUE                                      | BANK OF MONTREAL QUE 0.949%/VAR 01/22/2027                                   | CUSIP: 06368EDC3<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |    115000 | PA      | $114447.25    | 0.24%             | 2027-01-22      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                          | CROWN CASTLE INC 1.05% 07/15/2026                                            | CUSIP: 22822VAV3<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |    152000 | PA      | $149050.70    | 0.32%             | 2026-07-15      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP INC                                | MIZUHO FINL GROUP INC 1.234%/VAR 05/22/2027                                  | CUSIP: 60687YBP3<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $197257.89    | 0.42%             | 2027-05-22      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| WESTERN UNION CO/THE                                      | WESTERN UN CO 1.35% 03/15/2026                                               | CUSIP: 959802AZ2<br>LEI: 28ID94QU1140NC23S047 | Long             | DBT              | CORP              | US        |     55000 | PA      | $54507.75     | 0.12%             | 2026-03-15      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                                     | TRUIST FINANCIAL CORP 1.267%/VAR 03/02/2027                                  | CUSIP: 89788MAD4<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |     90000 | PA      | $89308.09     | 0.19%             | 2027-03-02      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC (THE)                             | GOLDMAN SACHS GROUP INC (THE) 1.431%/VAR 03/09/2027                          | CUSIP: 38141GYA6<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    170000 | PA      | $168715.20    | 0.36%             | 2027-03-09      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| CIGNA GROUP (THE)                                         | CIGNA GROUP (THE) 1.25% 03/15/2026                                           | CUSIP: 125523CP3<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |     55000 | PA      | $54544.93     | 0.12%             | 2026-03-15      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| TOYOTA AUTO LN EXTD NT TR 2021-1                          | TOYOTA AUTO LN EXTD NT TR 2021-1 1.07% 02/27/2034 144A                       | CUSIP: 89237MAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    100000 | PA      | $99268.46     | 0.21%             | 2034-02-27      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                  | LLOYDS BANKING GROUP PLC 1.627%/VAR 05/11/2027                               | CUSIP: 53944YAP8<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $197717.13    | 0.42%             | 2027-05-11      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                               | BANK OF AMERICA CORPORATION 1.658%/VAR 03/11/2027                            | CUSIP: 06051GJQ3<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    133000 | PA      | $132043.88    | 0.28%             | 2027-03-11      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| AT and T INC                                              | AT and T INC 1.7% 03/25/2026                                                 | CUSIP: 00206RML3<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    154000 | PA      | $152840.76    | 0.33%             | 2026-03-25      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| ING GROEP NV                                              | ING GROEP NV 1.726%/VAR 04/01/2027                                           | CUSIP: 456837AV5<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $198364.60    | 0.42%             | 2027-04-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY INC                                       | DOMINION ENERGY INC 1.45% 04/15/2026                                         | CUSIP: 25746UDJ5<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |    130000 | PA      | $128691.15    | 0.27%             | 2026-04-15      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                       | AMERICAN TOWER CORP 1.6% 04/15/2026                                          | CUSIP: 03027XBL3<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |    109000 | PA      | $107996.27    | 0.23%             | 2026-04-15      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| FORD CREDIT AUTO OWNER TRUST 2021-1 A                     | FORD CREDIT AUTO OWNER TRUST 2021-1 A 1.37% 10/17/2033 144A                  | CUSIP: 345340AA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    130000 | PA      | $128646.48    | 0.27%             | 2033-10-17      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE and CO                                     | JPMORGAN CHASE and CO 1.578%/VAR 04/22/2027                                  | CUSIP: 46647PCB0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |     90000 | PA      | $89092.81     | 0.19%             | 2027-04-22      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                               | BANK OF AMERICA CORPORATION 1.734%/VAR 07/22/2027                            | CUSIP: 06051GJS9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    110000 | PA      | $108288.39    | 0.23%             | 2027-07-22      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                            | MORGAN STANLEY 1.593%/VAR 05/04/2027                                         | CUSIP: 61772BAB9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    140000 | PA      | $138470.69    | 0.30%             | 2027-05-04      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| EQT CORP                                                  | EQT CORP 3.125% 05/15/2026 144A                                              | CUSIP: 26884LAM1<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |     90000 | PA      | $89396.78     | 0.19%             | 2026-05-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                          | T-MOBILE USA INC 1.5% 02/15/2026                                             | CUSIP: 87264ABZ7<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    155000 | PA      | $154142.89    | 0.33%             | 2026-02-15      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                             | CITIGROUP INC 1.462%/VAR 06/09/2027                                          | CUSIP: 172967NA5<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     60000 | PA      | $59145.13     | 0.13%             | 2027-06-09      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| DELL INTERNATIONAL LLC / EMC CORP                         | DELL INTL/EMC CORP 6.02% 06/15/2026                                          | CUSIP: 24703TAD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     22000 | PA      | $22132.81     | 0.05%             | 2026-06-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| DELL INTERNATIONAL LLC / EMC CORP                         | DELL INTL/EMC CORP 4.9% 10/01/2026                                           | CUSIP: 24703TAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    140000 | PA      | $140750.26    | 0.30%             | 2026-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP INC                                | MIZUHO FINL GROUP INC 1.554%/VAR 07/09/2027                                  | CUSIP: 60687YBS7<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $196894.79    | 0.42%             | 2027-07-09      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| EQUITABLE FINANCIAL LIFE GLOBAL FUNDING                   | EQUITABLE FINANCIAL LIFE GLOBAL FUNDING 1.3% 07/12/2026 144A                 | CUSIP: 29449W7M3<br>LEI: 635400B4JJBON4TCHF02 | Long             | DBT              | CORP              | US        |     90000 | PA      | $88494.16     | 0.19%             | 2026-07-12      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                            | MORGAN STANLEY 1.512%/VAR 07/20/2027                                         | CUSIP: 61747YEC5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147509.30    | 0.31%             | 2027-07-20      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| VMWARE LLC                                                | VMWARE LLC 1.4% 08/15/2026                                                   | CUSIP: 928563AJ4<br>LEI: 549300BUDHS3LRWBE814 | Long             | DBT              | CORP              | US        |    165000 | PA      | $162096.20    | 0.35%             | 2026-08-15      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| CELANESE US HLDGS LLC                                     | CELANESE US HLDGS LLC 1.4% 08/05/2026                                        | CUSIP: 15089QAK0<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |     60000 | PA      | $58600.30     | 0.12%             | 2026-08-05      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| THE TORONTO DOMINION BANK                                 | TORONTO DOMINION BANK 1.25% 09/10/2026                                       | CUSIP: 89114TZG0<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    128000 | PA      | $125321.14    | 0.27%             | 2026-09-10      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| AVIATION CAPITAL GROUP LLC                                | AVIATION CAPITAL GROUP LLC 1.95% 09/20/2026 144A                             | CUSIP: 05369AAL5<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |    110000 | PA      | $108007.63    | 0.23%             | 2026-09-20      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| MONDELEZ INTERNATIONAL HOLDINGS NETHERLANDS BV            | MONDELEZ INTL HLDGS NETH B V 1.25% 09/24/2026 144A                           | CUSIP: 60920LAR5<br>LEI: 549300CW356R8I7N8D33 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $195522.66    | 0.42%             | 2026-09-24      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| BANK OF IRELAND GROUP PLC                                 | BANK IRELAND GROUP PLC 2.029%/VAR 09/30/2027 144A                            | CUSIP: 06279JAB5<br>LEI: 635400C8EK6DRI12LJ39 | Long             | DBT              | CORP              | IE        |    200000 | PA      | $196479.52    | 0.42%             | 2027-09-30      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                                     | ATHENE GLOBAL FUNDING 1.73% 10/02/2026 144A                                  | CUSIP: 04685A3D1<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |    119000 | PA      | $116614.09    | 0.25%             | 2026-10-02      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| MARVELL TECHNOLOGY INC                                    | MARVELL TECHNOLOGY INC 1.65% 04/15/2026                                      | CUSIP: 573874AC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     90000 | PA      | $89151.80     | 0.19%             | 2026-04-15      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC (THE)                             | GOLDMAN SACHS GROUP INC (THE) 1.948%/VAR 10/21/2027                          | CUSIP: 38141GYM0<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147051.98    | 0.31%             | 2027-10-21      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| FIFTH THIRD BANCORP                                       | FIFTH THIRD BANCORP 1.707%/VAR 11/01/2027                                    | CUSIP: 316773DD9<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | DBT              | CORP              | US        |    120000 | PA      | $117238.29    | 0.25%             | 2027-11-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                               | BNP PARIBAS 2.591%/VAR 01/20/2028 144A                                       | CUSIP: 09659W2T0<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $196345.37    | 0.42%             | 2028-01-20      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| US BANCORP DEL                                            | US BANCORP DEL 2.215%/VAR 01/27/2028                                         | CUSIP: 91159HJC5<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    120000 | PA      | $117440.86    | 0.25%             | 2028-01-27      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE and CO                                     | JPMORGAN CHASE and CO 2.947%/VAR 02/24/2028                                  | CUSIP: 46647PCW4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    120000 | PA      | $118373.37    | 0.25%             | 2028-02-24      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| THE BANK OF NOVA SCOTIA                                   | BANK OF NOVA SCOTIA 2.951% 03/11/2027                                        | CUSIP: 06418BAE8<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    120000 | PA      | $118562.07    | 0.25%             | 2027-03-11      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC (THE)                             | GOLDMAN SACHS GROUP INC (THE) 3.615%/VAR 03/15/2028                          | CUSIP: 38141GZR8<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    160000 | PA      | $158942.43    | 0.34%             | 2028-03-15      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO and CO                                        | WELLS FARGO and CO NEW 3.526%/VAR 03/24/2028                                 | CUSIP: 95000U2V4<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    170000 | PA      | $168766.54    | 0.36%             | 2028-03-24      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| NXP B V/NXP FDG LLC/NXP USA INC                           | NXP B V/NXP FDG LLC/NXP USA INC 3.875% 06/18/2026                            | CUSIP: 62954HAZ1<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |    150000 | PA      | $149769.85    | 0.32%             | 2026-06-18      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FDG LLC                                        | NXP BV/NXP FDG LLC 5.35% 03/01/2026                                          | CUSIP: 62947QBB3<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |    121000 | PA      | $121056.54    | 0.26%             | 2026-03-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                                     | TRUIST FINANCIAL CORP 4.123%/VAR 06/06/2028                                  | CUSIP: 89788MAG7<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100164.96    | 0.21%             | 2028-06-06      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC (THE)                             | GOLDMAN SACHS GROUP INC (THE) 4.387%/VAR 06/15/2027                          | CUSIP: 38141GZT4<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    188000 | PA      | $188118.21    | 0.40%             | 2027-06-15      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| EQUITABLE FINANCIAL LIFE GLOBAL FUNDING                   | EQUITABLE FINANCIAL LIFE GLOBAL FUNDING 5.5% 12/02/2025 144A                 | CUSIP: 29449WAP2<br>LEI: 635400B4JJBON4TCHF02 | Long             | DBT              | CORP              | US        |    120000 | PA      | $120003.22    | 0.26%             | 2025-12-02      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                               | BANK OF AMERICA CORPORATION 5.08%/VAR 01/20/2027                             | CUSIP: 06051GLE7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    115000 | PA      | $115112.44    | 0.25%             | 2027-01-20      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                            | MORGAN STANLEY 5.05%/VAR 01/28/2027                                          | CUSIP: 61747YEZ4<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     98000 | PA      | $98101.20     | 0.21%             | 2027-01-28      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES GRP INC                            | PNC FINANCIAL SERVICES GRP INC 4.758%/VAR 01/26/2027                         | CUSIP: 693475BL8<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100049.85    | 0.21%             | 2027-01-26      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| DLLAD 2023-1A                                             | DLLAD 2023-1A 4.79% 01/20/2028 144A                                          | CUSIP: 233258AC6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    127337 | PA      | $127900.09    | 0.27%             | 2028-01-20      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                           | CVS HEALTH CORP 5% 02/20/2026                                                | CUSIP: 126650DS6<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    106000 | PA      | $106113.74    | 0.23%             | 2026-02-20      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COS INC                                          | WILLIAMS COS INC 5.4% 03/02/2026                                             | CUSIP: 969457CH1<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |     60000 | PA      | $60209.01     | 0.13%             | 2026-03-02      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                         | NATWEST GROUP PLC 5.847%/VAR 03/02/2027                                      | CUSIP: 639057AJ7<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $200758.80    | 0.43%             | 2027-03-02      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                                   | HYUNDAI CAP AMER 5.5% 03/30/2026 144A                                        | CUSIP: 44891ACB1<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50207.11     | 0.11%             | 2026-03-30      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| EVERSOURCE ENERGY                                         | EVERSOURCE ENERGY 4.75% 05/15/2026                                           | CUSIP: 30040WAV0<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100286.43    | 0.21%             | 2026-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| HONDA AUTO RECEIVABLES 2023-2 OWNER TRUST                 | HONDA AUTO RECEIVABLES 2023-2 OWNER TRUST 4.93% 11/15/2027                   | CUSIP: 437927AC0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     55082 | PA      | $55320.96     | 0.12%             | 2027-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                                     | TRUIST FINANCIAL CORP 6.047%/VAR 06/08/2027                                  | CUSIP: 89788MAN2<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |    110000 | PA      | $110999.39    | 0.24%             | 2027-06-08      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| SFS AUTO RECEIVABLES SECURITIZATION TRUST 2023-1          | SFS AUTO RECEIVABLES SECURITIZATION TRUST 2023-1 5.47% 10/20/2028 144A       | CUSIP: 78398AAD5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     58840 | PA      | $59220.99     | 0.13%             | 2028-10-20      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GMF FLOORPLAN OWNER REVOLVING TR                          | GMF FLOORPLAN OWNER REVOLVING TR 5.34% 06/15/2028 144A                       | CUSIP: 361886CR3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    160000 | PA      | $161024.05    | 0.34%             | 2028-06-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GMF FLOORPLAN OWNER REVOLVING TR                          | GMF FLOORPLAN OWNER REVOLVING TR 2023-1 A2 SOFR30A+115 06/15/2028 144A       | CUSIP: 361886CS1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    107000 | PA      | $107412.90    | 0.23%             | 2028-06-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE GLOBAL FUNDING                                 | COREBRIDGE GBL FUNDING 5.75% 07/02/2026 144A                                 | CUSIP: 00138CAU2<br>LEI: 54930057MDZ7KOVOTV71 | Long             | DBT              | CORP              | US        |     90000 | PA      | $90902.17     | 0.19%             | 2026-07-02      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| THE TORONTO DOMINION BANK                                 | TORONTO DOMINION BANK 5.532% 07/17/2026                                      | CUSIP: 89115A2S0<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    113000 | PA      | $114073.69    | 0.24%             | 2026-07-17      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK OF COMMERCE                        | CANADIAN IMPERIAL BK OF COMM 5.615% 07/17/2026                               | CUSIP: 13607LSL8<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |    120000 | PA      | $121172.49    | 0.26%             | 2026-07-17      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                                       | AMERICAN EXPRESS CO 5.389%/VAR 07/28/2027                                    | CUSIP: 025816DG1<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |     85000 | PA      | $85753.71     | 0.18%             | 2027-07-28      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                  | LLOYDS BANKING GROUP PLC 5.985%/VAR 08/07/2027                               | CUSIP: 539439AY5<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $202410.57    | 0.43%             | 2027-08-07      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| WORLD OMNI AUTO RECEIVABLES TRUST 2023-C                  | WORLD OMNI AUTO RECEIVABLES TRUST 2023-C 5.15% 11/15/2028                    | CUSIP: 98164FAD4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     84020 | PA      | $84465.43     | 0.18%             | 2028-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                         | HSBC HOLDINGS PLC 5.887%/VAR 08/14/2027                                      | CUSIP: 404280DZ9<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $202340.80    | 0.43%             | 2027-08-14      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| SWEDBANK AB                                               | SWEDBANK AB 6.136% 09/12/2026 144A                                           | CUSIP: 87020PAX5<br>LEI: M312WZV08Y7LYUC71685 | Long             | DBT              | CORP              | SE        |    200000 | PA      | $203220.06    | 0.43%             | 2026-09-12      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                              | BARCLAYS PLC 6.496%/VAR 09/13/2027                                           | CUSIP: 06738ECJ2<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $203418.30    | 0.43%             | 2027-09-13      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| HYUNDAI AUTO LEASE SECURITIZATION TRUST 2023-C            | HYUNDAI AUTO LEASE SECURITIZATION TRUST 2023-C 5.8% 12/15/2026 144A          | CUSIP: 44935VAD1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     25080 | PA      | $25113.97     | 0.05%             | 2026-12-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                               | BANK OF AMERICA CORPORATION 5.933%/VAR 09/15/2027                            | CUSIP: 06051GLV9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    165000 | PA      | $167301.65    | 0.36%             | 2027-09-15      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE and CO                                     | JPMORGAN CHASE and CO 6.07%/VAR 10/22/2027                                   | CUSIP: 46647PDW3<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    158000 | PA      | $160691.83    | 0.34%             | 2027-10-22      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| WHEELS FLEET LEASE FUNDING 1 LLC                          | WHEELS FLEET LEASE FUNDING 1 LLC 6.46% 08/18/2038 144A                       | CUSIP: 96328GBG1<br>LEI: 549300BSFY0E0XXREF43 | Long             | ABS-CBDO         | CORP              | US        |     56601 | PA      | $57297.21     | 0.12%             | 2038-08-18      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES GRP INC                            | PNC FINANCIAL SERVICES GRP INC 6.615%/VAR 10/20/2027                         | CUSIP: 693475BT1<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    153000 | PA      | $156215.49    | 0.33%             | 2027-10-20      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE FLEET FING 2023-3 LLC                          | ENTERPRISE FLEET FING 2023-3 LLC 6.4% 03/20/2030 144A                        | CUSIP: 29374LAB6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     61289 | PA      | $62106.88     | 0.13%             | 2030-03-20      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| US BANCORP DEL                                            | US BANCORP DEL 6.787%/VAR 10/26/2027                                         | CUSIP: 91159HJP6<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    124000 | PA      | $126906.30    | 0.27%             | 2027-10-26      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                              | ENBRIDGE INC 5.9% 11/15/2026                                                 | CUSIP: 29250NBW4<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |     85000 | PA      | $86339.06     | 0.18%             | 2026-11-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN AUTO LOAN ENHANCED TRUST 2023-2                | VOLKSWAGEN AUTO LOAN ENHANCED TRUST 2023-2 5.48% 12/20/2028                  | CUSIP: 92867YAD6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    107796 | PA      | $109012.26    | 0.23%             | 2028-12-20      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| OREILLY AUTOMOTIVE INC                                    | OREILLY AUTOMOTIVE INC 5.75% 11/20/2026                                      | CUSIP: 67103HAM9<br>LEI: 549300K2RLMQL149Q332 | Long             | DBT              | CORP              | US        |    161000 | PA      | $163482.61    | 0.35%             | 2026-11-20      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| THE BANK OF NOVA SCOTIA                                   | BANK OF NOVA SCOTIA 5.35% 12/07/2026                                         | CUSIP: 06418JAA9<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    126000 | PA      | $127689.99    | 0.27%             | 2026-12-07      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CITIBANK CR CARD ISSUANCE TR                              | CITIBANK CR CARD ISSUANCE TR 5.23% 12/08/2027                                | CUSIP: 17305EGW9<br>LEI: R8AG6FXVDQAMDKCSJJ64 | Long             | ABS-CBDO         | CORP              | US        |    100000 | PA      | $100028.47    | 0.21%             | 2027-12-08      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE CORP                               | AMERICAN HONDA FINANCE CORP 4.95% 01/09/2026                                 | CUSIP: 02665WEY3<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |     59000 | PA      | $59034.97     | 0.13%             | 2026-01-09      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ FINANCE NORTH AMERICA LLC                   | MERCEDES-BENZ FINANCE NORTH AMERICA LLC 4.9% 01/09/2026 144A                 | CUSIP: 58769JAP2<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150095.87    | 0.32%             | 2026-01-09      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE                                          | SOCIETE GENERALE FRANCE 5.519%/VAR 01/19/2028 144A                           | CUSIP: 83368RBV3<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $202456.35    | 0.43%             | 2028-01-19      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                                     | ATHENE GLOBAL FUNDING 5.339% 01/15/2027 144A                                 | CUSIP: 04685A3R0<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |    135000 | PA      | $136746.96    | 0.29%             | 2027-01-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DLLST 2024-1 LLC                                          | DLLST 2024-1 LLC 5.05% 08/20/2027 144A                                       | CUSIP: 23346HAC1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    100464 | PA      | $100873.95    | 0.22%             | 2027-08-20      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE and CO                                     | JPMORGAN CHASE and CO 5.04%/VAR 01/23/2028                                   | CUSIP: 46647PEA0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    160000 | PA      | $161640.90    | 0.34%             | 2028-01-23      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE FLEET FINANCING LLC 2024-1                     | ENTERPRISE FLEET FINANCING LLC 2024-1 5.23% 03/20/2030 144A                  | CUSIP: 29375PAB6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    121493 | PA      | $122404.65    | 0.26%             | 2030-03-20      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WORLD OMNI AUTO RECEIVABLES TR 2024-A                     | WORLD OMNI AUTO RECEIVABLES TR 2024-A 4.86% 03/15/2029                       | CUSIP: 98164RAD8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    125582 | PA      | $126251.11    | 0.27%             | 2029-03-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                         | NATWEST GROUP PLC 5.583%/VAR 03/01/2028                                      | CUSIP: 639057AL2<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $203501.35    | 0.43%             | 2028-03-01      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE OWNER TRUST 2024                               | JOHN DEERE OWNER TRUST 2024 5.19% 02/16/2027                                 | CUSIP: 47800RAB9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      5269 | PA      | $5271.25      | 0.01%             | 2027-02-16      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| HYUNDAI AUTO RECEIVABLES TR 2024-A                        | HYUNDAI AUTO RECEIVABLES TR 2024-A 5.29% 04/15/2027                          | CUSIP: 448973AB3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      3345 | PA      | $3346.70      | 0.01%             | 2027-04-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WHEELS FLEET LEASE FUNDING 1 LLC                          | WHEELS FLEET LEASE FUNDING 1 LLC 24-1A A1 5.49% 02/18/2039 144A              | CUSIP: 96328GBM8<br>LEI: 549300BSFY0E0XXREF43 | Long             | ABS-CBDO         | CORP              | US        |     64428 | PA      | $65152.85     | 0.14%             | 2039-02-18      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO and CO                                        | WELLS FARGO and CO NEW 5.707%/VAR 04/22/2028                                 | CUSIP: 95000U3L5<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102128.80    | 0.22%             | 2028-04-22      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| CITIBANK, N.A.                                            | CITIBANK NA 5.438% 04/30/2026                                                | CUSIP: 17325FBF4<br>LEI: E57ODZWZ7FF32TWEFA76 | Long             | DBT              | CORP              | US        |    250000 | PA      | $251161.98    | 0.54%             | 2026-04-30      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                                       | AMERICAN EXPRESS CO 5.645%/VAR 04/23/2027                                    | CUSIP: 025816DT3<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    135000 | PA      | $135835.44    | 0.29%             | 2027-04-23      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| FORD CR FLOORPLN MAST OWN TR A                            | FORD CR FLOORPLN MAST OWN TR A 5.29% 04/15/2029 144A                         | CUSIP: 34528QJA3<br>LEI: 5493001DTG5N7T8BG747 | Long             | ABS-CBDO         | CORP              | US        |    170000 | PA      | $172894.05    | 0.37%             | 2029-04-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DLLAD 2024-1 LLC                                          | DLLAD 2024-1 LLC 5.5% 08/20/2027 144A                                        | CUSIP: 23346MAB2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     11781 | PA      | $11836.05     | 0.03%             | 2027-08-20      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| HONDA AUTO RECEIVABLES 2024-2 OWNER TR                    | HONDA AUTO RECEIVABLES 2024-2 OWNER TR 5.48% 11/18/2026                      | CUSIP: 437930AB6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      2086 | PA      | $2087.87      | 0.00%             | 2026-11-18      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| HYUNDAI AUTO LEASE SECURITIZATION TRUST 2024-B            | HYUNDAI AUTO LEASE SECURITIZATION TRUST 2024-B 5.51% 10/15/2026 144A         | CUSIP: 44934FAB1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |       707 | PA      | $707.90       | 0.00%             | 2026-10-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| WORLD OMNI AUTO RECEIVABLES TR 2024-B                     | WORLD OMNI AUTO RECEIVABLES TR 2024-B 5.48% 09/15/2027                       | CUSIP: 98164HAB4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |       553 | PA      | $553.61       | 0.00%             | 2027-09-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ AUTO LEASE TRUST 2024-A                     | MERCEDES-BENZ AUTO LEASE TRUST 2024-A 5.44% 02/16/2027                       | CUSIP: 58770JAB0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     16455 | PA      | $16482.25     | 0.04%             | 2027-02-16      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| FORDO 2024-B                                              | FORDO 2024-B 5.4% 04/15/2027                                                 | CUSIP: 34531QAB5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     11817 | PA      | $11837.10     | 0.03%             | 2027-04-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CHASE AUTO OWNER TRUST 24-3                               | CHASE AUTO OWNER TRUST 5.53% 09/27/2027 144A                                 | CUSIP: 16144LAB2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      4507 | PA      | $4512.58      | 0.01%             | 2027-09-27      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| CARMAX SELECT RECEIVABLES TRUST 2024-A                    | CARMAX SELECT RECEIVABLES TRUST 2024-A 5.78% 09/15/2027                      | CUSIP: 14319FAB9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      1096 | PA      | $1098.94      | 0.00%             | 2027-09-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                            | HOME DEPOT INC FRN SOFR+33 12/24/2025                                        | CUSIP: 437076CY6<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |     64000 | PA      | $64009.36     | 0.14%             | 2025-12-24      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| WORLD OMNI SELECT AUTO TR 2024-A                          | WORLD OMNI SELECT AUTO TR 2024-A 5.37% 02/15/2028                            | CUSIP: 98164LAB5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      7979 | PA      | $7987.26      | 0.02%             | 2028-02-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                      | ROYAL BANK OF CANADA 5.069%/VAR 07/23/2027                                   | CUSIP: 78016HZX1<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    110000 | PA      | $110705.14    | 0.24%             | 2027-07-23      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE FLEET FINANCING 2024-3 LLC                     | ENTERPRISE FLEET FINANCING 2024-3 LLC 5.31% 04/20/2027 144A                  | CUSIP: 29375QAB4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     25178 | PA      | $25297.99     | 0.05%             | 2027-04-20      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES GRP INC                            | PNC FINANCIAL SERVICES GRP INC 5.102%/VAR 07/23/2027                         | CUSIP: 693475BY0<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    190000 | PA      | $191048.48    | 0.41%             | 2027-07-23      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| CARMAX AUTO OWNER TRUST 2024-3                            | CARMAX AUTO OWNER TRUST 2024-3 5.21% 09/15/2027                              | CUSIP: 14319GAB7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     20284 | PA      | $20329.29     | 0.04%             | 2027-09-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CHASE AUTO OWNER TRUST                                    | CHASE AUTO OWNER TRUST 5.25% 09/27/2027 144A                                 | CUSIP: 16144YAB4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     10981 | PA      | $10997.53     | 0.02%             | 2027-09-27      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DLLMT 2024-1 LLC                                          | DLLMT 2024-1 LLC 4.84% 08/21/2028 144A                                       | CUSIP: 23347AAE1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    145000 | PA      | $146282.58    | 0.31%             | 2028-08-21      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WHEELS FLEET LEASE FUNDING 1 LLC                          | WHEELS FLEET LEASE FUNDING 1 LLC 4.87% 06/21/2039 144A                       | CUSIP: 96328GBT3<br>LEI: 549300BSFY0E0XXREF43 | Long             | ABS-CBDO         | CORP              | US        |     79554 | PA      | $80205.38     | 0.17%             | 2039-06-21      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR FINL SVCS CORP                                | CATERPILLAR FINL SVCS CORP FRN SOFR+69 10/16/2026                            | CUSIP: 14913UAP5<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150640.10    | 0.32%             | 2026-10-16      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| RABOBANK NEDERLAND NEW YORK BRH                           | RABOBANK NEDERLAND NY BRH 4.333% 08/28/2026                                  | CUSIP: 21688ABF8<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | US        |    250000 | PA      | $250852.22    | 0.53%             | 2026-08-28      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                                     | ATHENE GLOBAL FUNDING 4.86% 08/27/2026 144A                                  | CUSIP: 04685A4A6<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |    108000 | PA      | $108465.33    | 0.23%             | 2026-08-27      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL QUE                                      | BANK OF MONTREAL QUE 4.567%/VAR 09/10/2027                                   | CUSIP: 06368L8K5<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |    124000 | PA      | $124438.45    | 0.27%             | 2027-09-10      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK OF COMMERCE                        | CANADIAN IMPERIAL BK OF COMM 4.508%/VAR 09/11/2027                           | CUSIP: 13607PHT4<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |    140000 | PA      | $140388.82    | 0.30%             | 2027-09-11      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| SBNA AUTO LEASE TRUST 2024-C                              | SBNA AUTO LEASE TRUST 2024-C 4.56% 02/22/2028 144A                           | CUSIP: 78398DAC1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     93691 | PA      | $93889.98     | 0.20%             | 2028-02-22      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| VOLVO FINANCIAL EQUIPMENT LLC SERIES 2024-1               | VOLVO FINANCIAL EQUIPMENT LLC SERIES 2024-1 4.29% 10/16/2028 144A            | CUSIP: 92887QAC1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    140000 | PA      | $140475.66    | 0.30%             | 2028-10-16      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| HEWLETT PACKARD ENTERPRISE CO                             | HEWLETT PACKARD ENTERPRISE CO 4.45% 09/25/2026                               | CUSIP: 42824CBR9<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |    103000 | PA      | $103315.46    | 0.22%             | 2026-09-25      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ AUTO LEASE TR 2024-B                        | MERCEDES-BENZ AUTO LEASE TR 2024-B 4.89% 02/15/2028                          | CUSIP: 58769GAD5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    130000 | PA      | $130217.56    | 0.28%             | 2028-02-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                 | UST NOTES 3.5% 09/30/2026                                                    | CUSIP: 91282CLP4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2715600 | PA      | $2711738.74   | 5.78%             | 2026-09-30      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE FLEET FINANCING 2024-4 LLC                     | ENTERPRISE FLEET FINANCING 2024-4 LLC 4.69% 07/20/2027 144A                  | CUSIP: 29374MAB4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     54719 | PA      | $54886.49     | 0.12%             | 2027-07-20      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DELL EQUIP FIN TR 2024-2                                  | DELL EQUIP FIN TR 2024-2 4.69% 08/22/2030 144A                               | CUSIP: 24704EAC2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     62606 | PA      | $62720.00     | 0.13%             | 2030-08-22      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| HYUNDAI AUTO RECEIVABLES TRUST 2024-C                     | HYUNDAI AUTO RECEIVABLES TRUST 2024-C 4.53% 09/15/2027                       | CUSIP: 448976AB6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     29830 | PA      | $29874.49     | 0.06%             | 2027-09-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GM FINL CONSUMER AUTOMOBILE RECEIVABLES TR 2024-4         | GM FINL CONSUMER AUTOMOBILE RECEIVABLES TR 2024-4 4.53% 10/18/2027           | CUSIP: 38014AAB7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     24521 | PA      | $24546.06     | 0.05%             | 2027-10-18      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SFS AUTO RECEIVABLES SECURITIZATION TRUST 2024-3          | SFS AUTO RECEIVABLES SECURITIZATION TRUST 2024-3 4.71% 05/22/2028 144A       | CUSIP: 78436XAB3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      8669 | PA      | $8676.86      | 0.02%             | 2028-05-22      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                  | TOYOTA MOTOR CREDIT CORP FRN SOFRINDX+45 04/10/2026                          | CUSIP: 89236TMR3<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |     90000 | PA      | $90082.12     | 0.19%             | 2026-04-10      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                      | ROYAL BANK OF CANADA 4.51%/VAR 10/18/2027                                    | CUSIP: 78017FZQ9<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    135000 | PA      | $135541.32    | 0.29%             | 2027-10-18      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                      | ROYAL BANK OF CANADA FRN SOFRINDX+72 10/18/2027                              | CUSIP: 78017FZR7<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |     90000 | PA      | $90238.32     | 0.19%             | 2027-10-18      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| TESLA AUTO LEASE TRUST 2024-B                             | TESLA AUTO LEASE TRUST 2024-B 4.79% 01/20/2027 144A                          | CUSIP: 881934AB9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      8473 | PA      | $8479.71      | 0.02%             | 2027-01-20      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CARMAX AUTO OWNER TRUST 2024-4                            | CARMAX AUTO OWNER TRUST 2024-4 4.67% 12/15/2027                              | CUSIP: 14290DAB7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     22615 | PA      | $22649.06     | 0.05%             | 2027-12-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE PRIME AUTO RECEIVABLES TR 2024-1              | CAPITAL ONE PRIME AUTO RECEIVABLES TR 2024-1 4.61% 10/15/2027                | CUSIP: 14043NAB5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     47814 | PA      | $47876.77     | 0.10%             | 2027-10-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN AUTO LOAN ENHANCED TRUST 2024-1                | VOLKSWAGEN AUTO LOAN ENHANCED TRUST 2024-1 4.65% 11/22/2027                  | CUSIP: 92868RAB4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     68458 | PA      | $68617.10     | 0.15%             | 2027-11-22      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| FORD CREDIT AUTO OWNER TRUST 2024-D                       | FORD CREDIT AUTO OWNER TRUST 2024-D 4.59% 10/15/2027                         | CUSIP: 34535VAB0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     29947 | PA      | $30006.02     | 0.06%             | 2027-10-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC                                  | VISTRA OPERATIONS CO LLC 5.05% 12/30/2026 144A                               | CUSIP: 92840VAT9<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |     21000 | PA      | $21181.67     | 0.05%             | 2026-12-30      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GMF FLOORPLAN OWNER REVOLVING TR                          | GMF FLOORPLAN OWNER REVOLVING TR 4.68% 11/15/2028 144A                       | CUSIP: 361886DK7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    120000 | PA      | $120811.69    | 0.26%             | 2028-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH BANK AUSTRALIA                               | COMMONWEALTH BANK AUSTRALIA FRN SOFR+46 11/27/2026 144A                      | CUSIP: 2027A0KV0<br>LEI: MSFSBD3QN1GSN7Q6C537 | Long             | DBT              | CORP              | AU        |     91000 | PA      | $91191.96     | 0.19%             | 2026-11-27      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| PORSCHE FINANCIAL AUTO SECURITIZATION TRUST               | PORSCHE FINANCIAL AUTO SECURITIZATION TRUST 4.45% 01/24/2028 144A            | CUSIP: 73328EAB7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     15291 | PA      | $15297.36     | 0.03%             | 2028-01-24      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| CARVANA AUTO RECEIVABLES TRUST 2024-P4                    | CARVANA AUTO RECEIVABLES TRUST 2024-P4 4.62% 02/10/2028                      | CUSIP: 14076LAB9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     11693 | PA      | $11701.42     | 0.02%             | 2028-02-10      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| THE TORONTO DOMINION BANK                                 | TORONTO DOMINION BANK 4.568% 12/17/2026                                      | CUSIP: 89115A3A8<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $150957.36    | 0.32%             | 2026-12-17      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| THE TORONTO DOMINION BANK                                 | TORONTO DOMINION BANK FRN SOFR+62 12/17/2026                                 | CUSIP: 89115A3B6<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    125000 | PA      | $125413.49    | 0.27%             | 2026-12-17      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                                     | ATHENE GLOBAL FUNDING 4.95% 01/07/2027 144A                                  | CUSIP: 04685A4E8<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |    110000 | PA      | $110871.00    | 0.24%             | 2027-01-07      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| JACKSON NATL LIFE GLOBAL FDG                              | JACKSON NATL LIFE GLOBAL FDG 4.9% 01/13/2027 144A                            | CUSIP: 46849LVC2<br>LEI: 635400PQXLYXWJI5QD78 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151165.25    | 0.32%             | 2027-01-13      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CARMAX AUTO OWNER TRUST 2025-1                            | CARMAX AUTO OWNER TR 2025-1 4.63% 03/15/2028                                 | CUSIP: 14319WAB2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     44834 | PA      | $44933.12     | 0.10%             | 2028-03-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DLLAA 2025-1 LLC                                          | DLLAA 2025-1 LLC 4.7% 10/20/2027 144A                                        | CUSIP: 233249AB7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     24381 | PA      | $24454.48     | 0.05%             | 2027-10-20      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| HALST 2025-A                                              | HALST 2025-A 4.83% 01/18/2028 144A                                           | CUSIP: 44935WAD9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    170000 | PA      | $171676.49    | 0.37%             | 2028-01-18      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| HALST 2025-A                                              | HALST 2025-A 4.6% 06/15/2027 144A                                            | CUSIP: 44935WAB3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     77170 | PA      | $77341.60     | 0.16%             | 2027-06-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MBART 2025-1                                              | MERCEDES-BENZ AUTO RECEIVABLES TR 2025-1 4.5% 02/15/2028                     | CUSIP: 58773DAB0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     29449 | PA      | $29496.18     | 0.06%             | 2028-02-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| SANTANDER DRIVE AUTO RECEIVABLES TR                       | SANTANDER DRIVE AUTO RECEIVABLES TR 4.74% 01/16/2029                         | CUSIP: 80288DAC0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     20000 | PA      | $20051.64     | 0.04%             | 2029-01-16      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO and CO                                        | WELLS FARGO and CO NEW 4.9%/VAR 01/24/2028                                   | CUSIP: 95000U3R2<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    160000 | PA      | $161369.24    | 0.34%             | 2028-01-24      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| WORLD OMNI AUTO RECEIVABLES TRUST 2025-A                  | WORLD OMNI AUTO RECEIVABLES TRUST 2025-A 4.49% 04/17/2028                    | CUSIP: 98164YAB7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     44604 | PA      | $44667.78     | 0.10%             | 2028-04-17      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| FORD CREDIT AUTO LEASE TRUST 2025-A                       | FORD CREDIT AUTO LEASE TRUST 2025-A 4.57% 08/15/2027                         | CUSIP: 345282AB3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     53642 | PA      | $53759.09     | 0.11%             | 2027-08-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                 | UST NOTES 4.125% 01/31/2027                                                  | CUSIP: 91282CMH1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1500000 | PA      | $1508613.29   | 3.22%             | 2027-01-31      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE FLEET FINANCING 2025-1 LLC                     | ENTERPRISE FLEET FINANCING 2025-1 LLC 4.65% 10/20/2027 144A                  | CUSIP: 29390HAB5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     67186 | PA      | $67413.45     | 0.14%             | 2027-10-20      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| POST ROAD EQUIPMENT FINANCE 2025-1 LLC                    | POST ROAD EQUIPMENT FINANCE 2025-1 LLC 4.9% 05/15/2031 144A                  | CUSIP: 73747LAB4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     95973 | PA      | $96638.98     | 0.21%             | 2031-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| HONDA AUTO RECEIVABLES OWNER TRUS                         | HONDA AUTO RECEIVABLES OWNER TRUS 4.53% 08/23/2027                           | CUSIP: 43814VAB3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     99284 | PA      | $99470.84     | 0.21%             | 2027-08-23      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GM FINANCIAL AUTOMOBILE LEASING TRUST 2025-1              | GM FINANCIAL AUTOMOBILE LEASING TRUST 2025-1 VAR 05/20/2027                  | CUSIP: 36271VAB3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    101923 | PA      | $102146.98    | 0.22%             | 2027-05-20      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| GM FINANCIAL AUTOMOBILE LEASING TRUST 2025-1              | GM FINANCIAL AUTOMOBILE LEASING TRUST 2025-1 4.66% 02/21/2028                | CUSIP: 36271VAD9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    100000 | PA      | $100789.69    | 0.21%             | 2028-02-21      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| KUBOTA CREDIT OWNER TRUST 2025-1                          | KUBOTA CREDIT OWNER TRUST 2025-1 4.61% 12/15/2027 144A                       | CUSIP: 50117FAB7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     95183 | PA      | $95499.57     | 0.20%             | 2027-12-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SFAST 2025-1A                                             | SFAST 2025-1A 4.65% 05/22/2028 144A                                          | CUSIP: 81885BAC9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     38593 | PA      | $38643.27     | 0.08%             | 2028-05-22      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BX TRUST 2025-ROIC                                        | BX Trust 2025-ROIC VAR 03/15/2030 144A                                       | CUSIP: 05593VAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     70724 | PA      | $70591.55     | 0.15%             | 2030-03-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| TOYOTA LEASE OWNER TRUST 2025-A                           | TOYOTA LEASE OWNER TRUST 2025-A 4.58% 07/20/2027 144A                        | CUSIP: 89239NAB1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     38755 | PA      | $38863.27     | 0.08%             | 2027-07-20      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MARS INC                                                  | MARS INC 4.45% 03/01/2027 144A                                               | CUSIP: 571676AW5<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |     46000 | PA      | $46311.77     | 0.10%             | 2027-03-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| GLAXOSMITHKLINE CAP PLC                                   | GLAXOSMITHKLINE CAP PLC FRN SOFR+50 03/12/2027                               | CUSIP: 377373AN5<br>LEI: 549300U0LV41VX7LEP38 | Long             | DBT              | CORP              | GB        |    122000 | PA      | $122436.03    | 0.26%             | 2027-03-12      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| CARVANA AUTO RECEIVABLES TR 2025-P1                       | CARVANA AUTO RECEIVABLES TR 2025-P1 4.5% 06/12/2028                          | CUSIP: 14689MAB6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     14670 | PA      | $14683.05     | 0.03%             | 2028-06-12      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| WHEELS FLEET LEASE FUNDING 1 LLC                          | WHEELS FLEET LEASE FUNDING 1 LLC TSFR1M+0 01/18/2040 144A                    | CUSIP: 96328GCF2<br>LEI: 549300BSFY0E0XXREF43 | Long             | ABS-CBDO         | CORP              | US        |    105000 | PA      | $105073.64    | 0.22%             | 2040-01-18      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| DEXT ABS 2025-1 LLC                                       | DEXT ABS 2025-1 LLC 4.59% 08/16/2027 144A                                    | CUSIP: 252154AB5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     83703 | PA      | $83872.95     | 0.18%             | 2027-08-16      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| FORD CREDIT AUTO OWNER TRUST 2025-A                       | FORD CREDIT AUTO OWNER TRUST 2025-A 4.47% 12/15/2027                         | CUSIP: 34535KAB4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    119339 | PA      | $119607.83    | 0.26%             | 2027-12-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| SANTANDER DRIVE AUTO RECEIVABLES TRUST 2025-2             | SANTANDER DRIVE AUTO RECEIVABLES TRUST 2025-2 4.71% 06/15/2028               | CUSIP: 80287NAB1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     64218 | PA      | $64340.58     | 0.14%             | 2028-06-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GMF FLOORPLAN OWNER REVOLVING TR                          | GMF FLOORPLAN OWNER REVOLVING TR SOFR30A+55 03/15/2029 144A                  | CUSIP: 361886DX9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    100000 | PA      | $100189.80    | 0.21%             | 2029-03-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| ONCOR ELEC DELIVERY CO LLC                                | ONCOR ELEC DELIVERY CO LLC 4.5% 03/20/2027 144A                              | CUSIP: 68233JCY8<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |     65000 | PA      | $65489.94     | 0.14%             | 2027-03-20      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| VERIZON MASTER TRUST                                      | VERIZON MASTER TRUST 4.51% 03/20/2030                                        | CUSIP: 92348KDY6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     95000 | PA      | $95710.34     | 0.20%             | 2030-03-20      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BANK OF NEW YORK MELLON                                   | BANK OF NEW YORK MELLON FRN SOFRINDX+71 04/20/2027                           | CUSIP: 06405LAG6<br>LEI: HPFHU0OQ28E4N0NFVK49 | Long             | DBT              | CORP              | US        |    250000 | PA      | $250343.70    | 0.53%             | 2027-04-20      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC (THE)                             | GOLDMAN SACHS GROUP INC (THE) FRN SOFR+129 04/23/2028                        | CUSIP: 38141GC85<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |     90000 | PA      | $90739.08     | 0.19%             | 2028-04-23      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| HYUNDAI AUTO LEASE SECURITIZATION TRUST 2025-B            | HYUNDAI AUTO LEASE SECURITIZATION TRUST 2025-B 4.58% 09/15/2027 144A         | CUSIP: 44935DAB5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     98469 | PA      | $98748.31     | 0.21%             | 2027-09-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CARMX 2025-2                                              | CARMX 2025-2 4.59% 07/17/2028                                                | CUSIP: 14320AAB7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     56085 | PA      | $56224.75     | 0.12%             | 2028-07-17      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DELL EQUIP FIN TR 2025-1                                  | DELL EQUIP FIN TR 2025-1 4.68% 07/22/2027 144A                               | CUSIP: 24703UAC7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    100000 | PA      | $100291.03    | 0.21%             | 2027-07-22      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TOYOTA AUTO RECEIVABLES 2025-B OWNER TR                   | TOYOTA AUTO RECEIVABLES 2025-B OWNER TR 4.46% 03/15/2028                     | CUSIP: 89231HAB2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    143445 | PA      | $143714.78    | 0.31%             | 2028-03-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                                         | STATE STREET CORP FRN SOFR+95 04/24/2028                                     | CUSIP: 857477CZ4<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |     58000 | PA      | $58359.60     | 0.12%             | 2028-04-24      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| WALMART INC                                               | WALMART INC FRN SOFRINDX+43 04/28/2027                                       | CUSIP: 931142FM0<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |    118000 | PA      | $118392.80    | 0.25%             | 2027-04-28      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| HAROT 2025-2 A2A                                          | HAROT 2025-2 A2A 4.3% 01/18/2028                                             | CUSIP: 437921AB5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    109000 | PA      | $109164.70    | 0.23%             | 2028-01-18      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE FLEET FINANCING 2025-2 LLC                     | ENTERPRISE FLEET FINANCING 2025-2 LLC 4.51% 02/22/2028 144A                  | CUSIP: 29375TAB8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    127000 | PA      | $127521.03    | 0.27%             | 2028-02-22      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| KEURIG DR PEPPER INC                                      | KEURIG DR PEPPER INC FRN SOFR+58 11/15/2026                                  | CUSIP: 49271VAY6<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |    145000 | PA      | $144962.46    | 0.31%             | 2026-11-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| AFFIRM ASSET SECURITIZATION TR 2025-X1                    | AFFIRM ASSET SECURITIZATION TR 2025-X1 A 5.24% 04/15/2030 144A               | CUSIP: 00834MAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     44292 | PA      | $44374.56     | 0.09%             | 2030-04-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GM FINL CONSUMER AUTOMOBILE RECEIVABLES TR 2025-2         | GM FINL CONSUMER AUTOMOBILE RECEIVABLES TR 2025-2 4.4% 02/16/2028            | CUSIP: 362549AB3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    102232 | PA      | $102414.75    | 0.22%             | 2028-02-16      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| WOART 2025-B                                              | WOART 2025-B 4.38% 08/15/2028                                                | CUSIP: 98164TAB8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    128109 | PA      | $128298.07    | 0.27%             | 2028-08-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| BOFA AUTO TRUST 2025-1                                    | BOFA AUTO TRUST 2025-1 4.52% 11/22/2027 144A                                 | CUSIP: 05594BAB2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     29779 | PA      | $29830.77     | 0.06%             | 2027-11-22      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DTE ELEC CO                                               | DTE ELEC CO 4.25% 05/14/2027                                                 | CUSIP: 23338VAW6<br>LEI: 9N0FWODEJVKHC2DYLO03 | Long             | DBT              | CORP              | US        |     24000 | PA      | $24166.57     | 0.05%             | 2027-05-14      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| UST BILLS                                                 | UST BILLS 0% 05/14/2026                                                      | CUSIP: 912797QN0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1500000 | PA      | $1475031.69   | 3.15%             | 2026-05-14      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| PORSCHE INNOVATIVE LEASE OWNER TRUST 2025-1               | PORSCHE INNOVATIVE LEASE OWNER TRUST 2025-1 4.6% 12/20/2027 144A             | CUSIP: 73329KAB2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     90691 | PA      | $90929.60     | 0.19%             | 2027-12-20      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ AUTO LEASE TRUST 2025-A                     | MERCEDES-BENZ AUTO LEASE TRUST 2025-A 4.57% 04/17/2028                       | CUSIP: 58768YAB1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     85000 | PA      | $85453.79     | 0.18%             | 2028-04-17      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| AUTONATION FINANCE TRUST 2025-1                           | AUTONATION FINANCE TRUST 2025-1 4.72% 04/10/2028 144A                        | CUSIP: 05330QAB8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     80331 | PA      | $80504.73     | 0.17%             | 2028-04-10      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MTLRF 2025-1A                                             | MTLRF 2025-1A 4.7% 12/16/2027 144A                                           | CUSIP: 55340QAB1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     50000 | PA      | $50300.10     | 0.11%             | 2027-12-16      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                  | TOYOTA MOTOR CREDIT CORP FRN SOFR+71 05/14/2027                              | CUSIP: 89236TNH4<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |    130000 | PA      | $130673.40    | 0.28%             | 2027-05-14      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| ALA TRUST 2025-OANA                                       | ALA TRUST 2025-OANA A 6.04263% 06/15/2030 144A                               | CUSIP: 009920AA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     95000 | PA      | $95355.85     | 0.20%             | 2040-06-15      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| GMF LEASING LLC                                           | GMF LEASING LLC 4.55% 07/20/2027                                             | CUSIP: 362962AB8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    107681 | PA      | $107971.71    | 0.23%             | 2027-07-20      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| EXETER AUTOMOBILE RECEIVABLES TRUST 25-3A                 | EXETER AUTOMOBILE RECEIVABLES TRUST 25-3A A2 4.94% 01/18/2028                | CUSIP: 30166XAB0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     68651 | PA      | $68736.79     | 0.15%             | 2028-01-18      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DRIVE 2025-1 A2                                           | DRIVE 2025-1 A2 5.05% 08/15/2028                                             | CUSIP: 262102AB2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     42443 | PA      | $42537.86     | 0.09%             | 2028-08-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CITIBANK, N.A.                                            | CITIBANK NA FRN SOFR+78.1 05/29/2027                                         | CUSIP: 17325FBQ0<br>LEI: E57ODZWZ7FF32TWEFA76 | Long             | DBT              | CORP              | US        |    250000 | PA      | $251230.75    | 0.54%             | 2027-05-29      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| BMW VEHICLE LEASE TRUST 2025-1                            | BMW VEHICLE LEASE TRUST 2025-1 4.43% 09/27/2027                              | CUSIP: 096912AB6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    119733 | PA      | $120016.11    | 0.26%             | 2027-09-27      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| HYUNDAI AUTO RECEIVABLES TRUST 25-B                       | HYUNDAI AUTO RECEIVABLES TRUST 25-B 4.45% 08/15/2028                         | CUSIP: 44935XAB1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     70000 | PA      | $70173.94     | 0.15%             | 2028-08-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| BMW VEHICLE LEASE TRUST 2025-1                            | BMW VEHICLE LEASE TRUST 2025-1 4.43% 06/26/2028                              | CUSIP: 096912AD2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    185000 | PA      | $186351.39    | 0.40%             | 2028-06-26      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| BANK NEW YORK MELLON CORP                                 | BANK NEW YORK MELLON CORP FRN SOFRINDX+68 06/09/2028                         | CUSIP: 06406RCD7<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    160000 | PA      | $160291.09    | 0.34%             | 2028-06-09      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| CARVANA AUTO RECEIVABLES TRUST 2025-P2                    | CARVANA AUTO RECEIVABLES TRUST 2025-P2 4.56% 08/10/2028                      | CUSIP: 14688YAB1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     88030 | PA      | $88193.10     | 0.19%             | 2028-08-10      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| USB AUTO OWNER TRUST 2025-1                               | USB AUTO OWNER TRUST 2025-1 4.51% 06/15/2028 144A                            | CUSIP: 90367VAB5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    104591 | PA      | $104825.71    | 0.22%             | 2028-06-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BROWN and BROWN INC                                       | BROWN and BROWN INC 4.6% 12/23/2026                                          | CUSIP: 115236AH4<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |     43000 | PA      | $43198.38     | 0.09%             | 2026-12-23      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| KUBOTA CREDIT OWNER TRUST 2025-2                          | KUBOTA CREDIT OWNER TRUST 2025-2 4.48% 04/17/2028 144A                       | CUSIP: 50117LAB4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    100000 | PA      | $100463.17    | 0.21%             | 2028-04-17      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| UST BILLS                                                 | UST BILLS 0% 12/18/2025                                                      | CUSIP: 912797QZ3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1000000 | PA      | $998154.32    | 2.13%             | 2025-12-18      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| SFS AUTO RECEIVABLES SECURITIZATION TRUST 2025-2          | SFS AUTO RECEIVABLES SECURITIZATION TRUST 2025-2A A2 4.85% 11/20/2028 144A   | CUSIP: 78398HAB4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     69814 | PA      | $69913.87     | 0.15%             | 2028-11-20      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                                   | HYUNDAI CAP AMER FRN SOFR+112 06/23/2027 144A                                | CUSIP: 44891ADY0<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |    110000 | PA      | $110567.58    | 0.24%             | 2027-06-23      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| MARLETTE FUNDING TRUST 2025-1                             | MARLETTE FUNDING TRUST 2025-1A A 4.75% 07/16/2035 144A                       | CUSIP: 570920AA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     57125 | PA      | $57218.55     | 0.12%             | 2035-07-16      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| OCWEN LOAN INVESTMENT TRUST                               | OCWEN LOAN INVESTMENT TRUST HB1 A VAR 06/25/2038 144A                        | CUSIP: 68278EAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     55665 | PA      | $54486.60     | 0.12%             | 2038-06-25      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| NTT FINANCE CORP                                          | NTT FINANCE CORP 4.567% 07/16/2027 144A                                      | CUSIP: 62954WAP0<br>LEI: 3538007PR116187GD960 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $201508.00    | 0.43%             | 2027-07-16      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GREENSKY HOME IMPROVEMENT ISSUER TRUST 2025-2             | GREENSKY HOME IMPROVEMENT ISSUER TRUST 2025-2 4.93% 06/25/2060 144A          | CUSIP: 39571VAB4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     82765 | PA      | $83026.83     | 0.18%             | 2060-06-25      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CARMX 2025-3                                              | CARMX 2025-3 4.42% 08/15/2028                                                | CUSIP: 14290FAB2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    125000 | PA      | $125361.85    | 0.27%             | 2028-08-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| DLLAD LLC                                                 | DLLAD LLC 4.46% 11/20/2028 144A                                              | CUSIP: 23347BAB5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     75000 | PA      | $75381.15     | 0.16%             | 2028-11-20      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY PRIVATE BANK NA                            | MORGAN STANLEY PRIVATE BANK NA FRN SOFR+77 07/06/2028                        | CUSIP: 61776NVF7<br>LEI: 549300GS0W0TEUQS8571 | Long             | DBT              | CORP              | US        |    250000 | PA      | $250491.95    | 0.53%             | 2028-07-06      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| EXETER SELECT AUTOMOBILE RECEIVABLES TR 2025-2            | EXETER SELECT AUTOMOBILE RECEIVABLES TR 2025-2 4.54% 06/15/2029              | CUSIP: 30185EAB9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     60000 | PA      | $60192.78     | 0.13%             | 2029-06-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| FORDL 2025-B                                              | FORDL 2025-B 4.37% 03/15/2028                                                | CUSIP: 34533MAB2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     55000 | PA      | $55138.24     | 0.12%             | 2028-03-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| RCKT TRUST 2025-1A                                        | RCKT TRUST 2025-1A 4.9% 07/25/2034 144A                                      | CUSIP: 74939RAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     67344 | PA      | $67508.27     | 0.14%             | 2034-07-25      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| UST BILLS                                                 | UST BILLS 0% 01/29/2026                                                      | CUSIP: 912797RK5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2400000 | PA      | $2385015.96   | 5.09%             | 2026-01-29      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAP HLDGS INC                              | NEXTERA ENERGY CAP HLDGS INC 4.685% 09/01/2027                               | CUSIP: 65339KCL2<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |     63000 | PA      | $63666.80     | 0.14%             | 2027-09-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GM FINANCIAL LEASING TRST                                 | GM FINANCIAL LEASING TRST 4.19% 10/20/2027                                   | CUSIP: 379965AB2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    119000 | PA      | $119238.05    | 0.25%             | 2027-10-20      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| WOART 2025-C                                              | WOART 2025-C 4.19% 10/16/2028                                                | CUSIP: 981936AB3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    138000 | PA      | $138260.78    | 0.29%             | 2028-10-16      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| SFUEL 25-BA                                               | SFUEL 25-BA 4.31% 05/22/2028 144A                                            | CUSIP: 858933AB0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    140000 | PA      | $140416.32    | 0.30%             | 2028-05-22      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| SOFI CONSUMER LOAN PROGRAM 2025-3                         | SOFI CONSUMER LOAN PROGRAM 2025-3 4.47% 08/15/2034 144A                      | CUSIP: 83390JAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     82280 | PA      | $82454.18     | 0.18%             | 2034-08-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| EXETER AUTOMOBILE RECEIVABLES TR 2025-4                   | EXETER AUTOMOBILE RECEIVABLES TR 2025-4 4.53% 03/15/2028                     | CUSIP: 30167KAB7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     95000 | PA      | $95084.46     | 0.20%             | 2028-03-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                 | UST NOTES 3.625% 08/31/2027                                                  | CUSIP: 91282CNV9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1375000 | PA      | $1377202.15   | 2.94%             | 2027-08-31      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MERCK and CO INC                                          | MERCK and CO INC FRN SOFR+46 09/15/2027                                      | CUSIP: 58933YBU8<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |    138000 | PA      | $138767.28    | 0.30%             | 2027-09-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK OF COMMERCE                        | CANADIAN IMPERIAL BK OF COMM FRN SOFR+80 09/08/2028                          | CUSIP: 13607QFC1<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $150180.24    | 0.32%             | 2028-09-08      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| TOYOTA LEASE OWNER TRUST 2025-B                           | TOYOTA LEASE OWNER TRUST 2025-B 3.91% 05/22/2028 144A                        | CUSIP: 89240NAB8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    140000 | PA      | $139971.12    | 0.30%             | 2028-05-22      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| HYUNDAI AUTO RECEIVABLES TRUST 2025-C                     | HYUNDAI AUTO RECEIVABLES TRUST 2025-C 3.97% 07/17/2028                       | CUSIP: 44935JAB2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    140000 | PA      | $140062.80    | 0.30%             | 2028-07-17      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| EQUITABLE AMERICA GLOBAL FUNDING                          | EQUITABLE AMERICA GLOBAL FUNDING FRN SOFR+71 09/15/2027 144A                 | CUSIP: 29446Q2D4<br>LEI: 98450066CCBIACF06694 | Long             | DBT              | CORP              | US        |     78000 | PA      | $78085.80     | 0.17%             | 2027-09-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| THE BANK OF NOVA SCOTIA                                   | BANK OF NOVA SCOTIA FRN SOFR+76 09/15/2028                                   | CUSIP: 06418GAT4<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    140000 | PA      | $140096.82    | 0.30%             | 2028-09-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| WORLD OMNI SELECT AUTO TRUST 2025-A                       | WORLD OMNI SELECT AUTO TRUST 2025-A 4.14% 05/15/2030                         | CUSIP: 98164UAC3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    105000 | PA      | $105047.12    | 0.22%             | 2030-05-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| CARVANA AUTO RECEIVABLES TRUST 2025-P3                    | CARVANA AUTO RECEIVABLES TR 2025-P3 4.07% 02/12/2029                         | CUSIP: 14688AAB3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    105000 | PA      | $104947.43    | 0.22%             | 2029-02-12      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL QUE                                      | BANK OF MONTREAL QUE FRN SOFRINDX+NA 09/22/2028                              | CUSIP: 06368MXW9<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |    125000 | PA      | $125014.87    | 0.27%             | 2028-09-22      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| TESLA LEASE ELECTRIC VEHICLE SECURITIZATION 2025-A LLC    | TESLA LEASE ELECTRIC VEHICLE SECURITIZATION 2025-A LLC 4.14% 06/20/2028 144A | CUSIP: 88162VAB6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    105000 | PA      | $105164.51    | 0.22%             | 2028-06-20      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| EXTENDED STAY AMERICA TRUST 2025-ESH                      | EXTENDED STAY AMERICA TRUST 2025-ESH VAR 10/15/2042 144A                     | CUSIP: 30227TAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     88000 | PA      | $88137.32     | 0.19%             | 2042-10-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| USAA AUTO OWNER TRUST 2025-A                              | USAA AUTO OWNER TRUST 2025-A 3.98% 03/15/2028 144A                           | CUSIP: 90327HAB5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    140000 | PA      | $140018.82    | 0.30%             | 2028-03-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| SFS AUTO RECEIVABLES SECURITIZATION TRUST 25-3A           | SFS AUTO RECEIVABLES SECURITIZATION TRUST 25-3A 4.11% 03/20/2029 144A        | CUSIP: 78398KAB7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    120000 | PA      | $120064.00    | 0.26%             | 2029-03-20      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| SCLP 2025-4                                               | SCLP 2025-4 4.24% 08/25/2035 144A                                            | CUSIP: 83405UAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    133868 | PA      | $133848.64    | 0.29%             | 2035-08-25      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| ALLY AUTO RECEIVABLES TRUST 2025-1                        | ALLY AUTO RECEIVABLES TRUST 2025-1 A2 4.28% 07/17/2028                       | CUSIP: 02008KAB9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    135000 | PA      | $135043.27    | 0.29%             | 2028-07-17      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| CARMAX AUTO OWNER TRUST 2025-4                            | CARMAX AUTO OWNER TRUST 2025-4 3.95% 03/15/2029                              | CUSIP: 14320HAB2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    110000 | PA      | $110055.63    | 0.23%             | 2029-03-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| UST BILLS                                                 | UST BILLS 0% 02/24/2026                                                      | CUSIP: 912797SS7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1950000 | PA      | $1933026.17   | 4.12%             | 2026-02-24      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE PRIME AUTO RECEIVABLES TRUST 2025-1           | CAPITAL ONE PRIME AUTO RECEIVABLES TRUST 2025-1 A2A 4.39% 01/16/2029         | CUSIP: 14043YAB1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    140000 | PA      | $140168.08    | 0.30%             | 2029-01-16      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                      | ROYAL BANK OF CANADA FRN SOFR+70 11/03/2028                                  | CUSIP: 78017DAP3<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    190000 | PA      | $190180.02    | 0.41%             | 2028-11-03      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| AFFIRM ASSET SECURITIZATION TRUST 2025-X2                 | SEAFFIRM ASSET SECURITIZATION TRUST 2025-X2 4.66% 10/15/2030 144A            | CUSIP: 00835DAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    110000 | PA      | $110105.51    | 0.23%             | 2030-10-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| FIAOT 2025-1A                                             | FIAOT 2025-1A A2 4.42% 12/15/2028 144A                                       | CUSIP: 32059WAC6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     90000 | PA      | $90015.76     | 0.19%             | 2028-12-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY PRIVATE BANK NA                            | MORGAN STANLEY PRIVATE BANK NA FRN SOFR+78 11/17/2028                        | CUSIP: 61776NZT3<br>LEI: 549300GS0W0TEUQS8571 | Long             | DBT              | CORP              | US        |    250000 | PA      | $250206.00    | 0.53%             | 2028-11-17      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| PFIZER INC                                                | PFIZER INC FRN SOFR+50 11/15/2027                                            | CUSIP: 717081FC2<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | DBT              | CORP              | US        |     39000 | PA      | $39096.53     | 0.08%             | 2027-11-15      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-12-30

**Name of Applicant:** Laura M. Del Prato

**Signature:** Laura M. Del Prato

**Name of Signer:** Laura M. Del Prato

**Title:** President and Treasurer