# EDGAR Filing Document

**Accession Number:** 0001426439
**File Stem:** 0000940400-26-024939
**Filing Date:** 2026-6
**Character Count:** 204153
**Document Hash:** c53f7c8b2fad962266be2bad8dfadec1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-024939.hdr.sgml**: 20260622

**ACCESSION NUMBER**: 0000940400-26-024939

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260622

**DATE AS OF CHANGE**: 20260622

**PERIOD START**: 20260430

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** New York Life Investments Active ETF Trust
- **CENTRAL INDEX KEY:** 0001426439

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22739
- **FILM NUMBER:** 261107206

**BUSINESS ADDRESS:**
- **STREET 1:** 51 MADISON AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10010
- **BUSINESS PHONE:** (212) 576-5018

**MAIL ADDRESS:**
- **STREET 1:** 51 MADISON AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10010

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NYLI MacKay Core Plus Bond ETF
- **DATE OF NAME CHANGE:** 20241203

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** New York Life Investments Active ETF Trust
- **DATE OF NAME CHANGE:** 20240822

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** IndexIQ Active ETF Trust
- **DATE OF NAME CHANGE:** 20080207

## Series and Classes Contracts Data

### NYLI MacKay Securitized Income ETF (Series ID: S000084196)

| Class ID   | Class Name                         | Ticker Symbol   |
|:---|:---|:---|
| C000248469 | NYLI MacKay Securitized Income ETF | SECR            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** New York Life Investments Active ETF Trust

- **b. Investment Company Act file number:** 811-22739

- **c. CIK number of Registrant:** 0001426439

- **d. LEI of Registrant:** 549300VWZDQ61K9DOP39

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

  - **Street Address 1:** 51 Madison Avenue

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10010

  - **Telephone number:** 888-474-7725

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

- **a. Name of Series:** NYLI MacKay Securitized Income ETF

- **b. EDGAR series identifier (if any):** S000084196

- **c. LEI of Series:** 529900V03XWJN0RHX644

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

- **a. Date of fiscal year-end:** 2026-04-30

- **b. Date as of which information is reported:** 2026-04-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $162631661.33

**Total Liabilities:** $2250212.51

**Net Assets:** $160381448.82

**Delayed Delivery Securities:** $390852.80

**Cash Not Reported:** $384760.58

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 111.15029000 | **1-Year:** 4624.08805000 | **5-Year:** 40782.94985000 | **10-Year:** 24938.61044000 | **30-Year:** 451.98069000

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

- **3-Month:** 164.89090000 | **1-Year:** 2224.80086000 | **5-Year:** 4420.69401000 | **10-Year:** 3062.55217000 | **30-Year:** 531.80470000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000248469 | 1.73%                | -1.66%               | 0.02%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $220815.23               | $1831826.93                                |
| Month 2  | $-139177.53              | $-3053444.17                               |
| Month 3  | $-99923.66               | $-461911.20                                |

**Designated Index Information**

- **Index Name:** Bloomberg U.S. Securitized Bond Index

- **Index Identifier:** LHMN5582

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CHICAGO BOARD OF TRADE                                                            | Ultra 10-Year U.S. Treasury Note Futures, Jun-2026,ETH | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       -62 | NC      | $127043.68    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2021-44 IQ                                         | CUSIP: 38382PMU3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    584265 | PA      | $96684.82     | 0.06%             | 2051-03-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | CAS 2024-R05 2B1                                       | CUSIP: 20754XAG8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    500000 | PA      | $500315.00    | 0.31%             | 2044-07-25      | Floating      | 5.65%                 | No            |                  2 | On Loan: No      |
| CSMC TRUST 2014-USA                                                               | CSMC 2014-USA A1                                       | CUSIP: 12649AAA7<br>LEI: 549300818AKCJ4Q9TD76 | Long             | ABS-O            | CORP              | US        |    446556 | PA      | $415794.43    | 0.26%             | 2037-09-17      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| UWM MORTGAGE TRUST 2021-INV5                                                      | UWM 2021-INV5 A14                                      | CUSIP: 90355DAY9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    552474 | PA      | $472193.03    | 0.29%             | 2052-01-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| AVIS BUDGET RENTAL CAR FUNDING (AESOP) LLC                                        | AESOP 2023-5A D                                        | CUSIP: 05377RKJ2<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |    245000 | PA      | $247336.42    | 0.15%             | 2028-04-20      | Fixed         | 7.35%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN MORTGAGE TRUST 2025-NQM1                                              | JPMMT 2025-NQM4 A1F                                    | CUSIP: 46660HAE6<br>LEI: 529900AW45JIN41HJ284 | Long             | ABS-O            | CORP              | US        |    377905 | PA      | $377545.50    | 0.24%             | 2066-03-25      | Variable      | 4.86%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FN FS5641                                              | CUSIP: 3140XMHT6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     91893 | PA      | $94235.01     | 0.06%             | 2053-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CITIGROUP MORTGAGE LOAN TRUST 2014-C                                              | CMLTI 2014-C B3                                        | CUSIP: 17323GAE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    475000 | PA      | $402462.94    | 0.25%             | 2054-02-25      | Variable      | 4.02%                 | No            |                  2 | On Loan: No      |
| WB BURGERS ASIA INC                                                               | WB 2024-HQ A                                           | CUSIP: 92943PAA9<br>LEI: 549300GK97AYN6BKKT80 | Long             | ABS-O            | CORP              | US        |    530000 | PA      | $530649.52    | 0.33%             | 2040-03-16      | Variable      | 6.13%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                   | FHR 5036 IO                                            | CUSIP: 3137F6TN7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    663907 | PA      | $141441.37    | 0.09%             | 2050-11-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FLAGSHIP CREDIT AUTO TRUST 2021-3                                                 | FCAT 2021-3 E                                          | CUSIP: 33846QAJ0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    650000 | PA      | $559560.69    | 0.35%             | 2028-12-15      | Fixed         | 3.32%                 | No            |                  2 | On Loan: No      |
| NATIXIS COMMERCIAL MORTGAGE SECURITIES TRUST 2020-2PAC                            | NCMS 2020-2PAC AMZ1                                    | CUSIP: 63875DAN1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    475000 | PA      | $403754.75    | 0.25%             | 2037-01-15      | Variable      | 3.62%                 | No            |                  2 | On Loan: No      |
| Fortress Credit Opportunities                                                     | Fortress Credit Opportunities XXI CLO LLC              | CUSIP: 34964UAN6<br>LEI: 254900WDNXJI5BDB6170 | Long             | ABS-CBDO         | CORP              | US        |    300000 | PA      | $299995.50    | 0.19%             | 2037-01-21      | Floating      | 5.24%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO COMMERCIAL MORTGAGE TRUST 2019-C51                                    | WFCM 2019-C51 AS                                       | CUSIP: 95001VAX8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    116000 | PA      | $105298.28    | 0.07%             | 2052-06-17      | Fixed         | 3.58%                 | No            |                  2 | On Loan: No      |
| BCC MIDDLE MARKET CLO 2025-1 LLC                                                  | BCMM 2025-1A A1                                        | CUSIP: 05555YAA1<br>LEI: 254900QLKY6UDXZ5DZ03 | Long             | ABS-CBDO         | CORP              | US        |    275000 | PA      | $274334.78    | 0.17%             | 2037-07-17      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| ARZ TRUST 2024-BILT                                                               | ARZ 2024-BILT E                                        | CUSIP: 00218TAL8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    310000 | PA      | $317708.77    | 0.20%             | 2039-06-13      | Fixed         | 7.49%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2023-66 OQ                                         | CUSIP: 38384AQK2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    146692 | PA      | $118277.83    | 0.07%             | 2052-07-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| GSMS TRUST 2024-FAIR                                                              | GSMS 2024-FAIR D                                       | CUSIP: 36270JAG0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    315000 | PA      | $318098.91    | 0.20%             | 2041-07-15      | Variable      | 8.21%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FN FM5299                                              | CUSIP: 3140X83H8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     21029 | PA      | $19209.99     | 0.01%             | 2050-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY BANK OF AMERICA MERRILL LYNCH TRUST 2015-C22                       | MSBAM 2015-C22 AS                                      | CUSIP: 61690FAP8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    110000 | PA      | $105600.00    | 0.07%             | 2048-04-17      | Fixed         | 3.56%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2020-188 IO                                        | CUSIP: 38382L2B6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGSE             | US        |     84299 | PA      | $9505.40      | 0.01%             | 2050-12-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BX TRUST 2025-LIFE                                                                | BX 2025-LIFE A                                         | CUSIP: 05616HAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    360000 | PA      | $359446.14    | 0.22%             | 2047-06-13      | Variable      | 6.08%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FNR 2024-82 DS                                         | CUSIP: 3136BTGK3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |   1072743 | PA      | $32216.29     | 0.02%             | 2054-11-25      | Floating      | 1.50%                 | No            |                  2 | On Loan: No      |
| ALTERNATIVE LOAN TRUST 2005-56                                                    | CWALT 2005-IM1 A1                                      | CUSIP: 12668A4B8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    124394 | PA      | $116380.40    | 0.07%             | 2036-01-25      | Floating      | 4.37%                 | No            |                  2 | On Loan: No      |
| MAGNETITE 50 LTD                                                                  | MAGNE 2025-50A A1                                      | CUSIP: 55956MAA7<br>LEI: 529900LA8YF5OY74OD31 | Long             | ABS-CBDO         | CORP              | KY        |    300000 | PA      | $300517.20    | 0.19%             | 2038-07-25      | Variable      | 4.95%                 | No            |                  2 | On Loan: No      |
| LONG BEACH MORTGAGE LOAN TRUST                                                    | LBMLT 2004-3 M1                                        | CUSIP: 542514GM0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     92774 | PA      | $93593.42     | 0.06%             | 2034-07-25      | Floating      | 4.62%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2021-29 AS                                         | CUSIP: 38382NP76<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    226128 | PA      | $1366.34      | 0.00%             | 2051-02-20      | Floating      | 0.01%                 | No            |                  2 | On Loan: No      |
| COMM 2014-CCRE20 MORTGAGE TRUST                                                   | COMM 2014-CR20 D                                       | CUSIP: 12592LAN2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    226028 | PA      | $143530.24    | 0.09%             | 2047-11-13      | Fixed         | 3.22%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FN CA2056                                              | CUSIP: 3140Q9JA2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     51032 | PA      | $50048.87     | 0.03%             | 2048-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| WASHINGTON MUTUAL MORTGAGE PASS-THROUGH CERTIFICATES WMALT SERIES 2005-AR18 TRUST | WAMU 2005-AR16 1A1                                     | CUSIP: 92922F6W3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     50819 | PA      | $47781.56     | 0.03%             | 2035-12-25      | Variable      | 4.43%                 | No            |                  2 | On Loan: No      |
| JP MORGAN MORTGAGE TRUST 2021-11                                                  | JPMMT 2021-11 AX1                                      | CUSIP: 46654KBU0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  10392461 | PA      | $130002.41    | 0.08%             | 2052-01-25      | Variable      | 0.22%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FN MA4562                                              | CUSIP: 31418EB82<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4104128 | PA      | $3297034.52   | 2.06%             | 2052-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| OCP CLO 2017-14 LTD                                                               | OCP 2017-14A A1R                                       | CUSIP: 67097QAN5<br>LEI: 25490025Q5WQX513IQ05 | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $250362.50    | 0.16%             | 2037-07-20      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| CFK TRUST 2020-MF2                                                                | CFK 2020-MF2 E                                         | CUSIP: 12529AAJ3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    490000 | PA      | $380014.26    | 0.24%             | 2039-03-17      | Variable      | 3.57%                 | No            |                  2 | On Loan: No      |
| NATIXIS COMMERCIAL MORTGAGE SECURITIES TRUST 2019-MILE                            | NCMS 2019-MILE A                                       | CUSIP: 63875FAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    339543 | PA      | $332602.42    | 0.21%             | 2036-07-15      | Floating      | 5.27%                 | No            |                  2 | On Loan: No      |
| BANK 2017-BNK8                                                                    | BANK 2017-BNK8 B                                       | CUSIP: 06650AAJ6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    250000 | PA      | $231879.93    | 0.14%             | 2050-11-17      | Variable      | 4.08%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MSCR TRUST MN9                                                        | MSCR 2024-MN9 B1                                       | CUSIP: 355917AC9<br>LEI: 529900KWKEUIIIV9P337 | Long             | ABS-O            | USGSE             | US        |    530000 | PA      | $547956.14    | 0.34%             | 2044-10-25      | Floating      | 9.65%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FN MA4492                                              | CUSIP: 31418D7E6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4002330 | PA      | $3219672.97   | 2.01%             | 2051-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| GS MORTGAGE-BACKED SECURITIES TRUST 2022-PJ3                                      | GSMBS 2022-PJ3 A4                                      | CUSIP: 362924AE2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    897958 | PA      | $739932.88    | 0.46%             | 2052-08-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FN MA5009                                              | CUSIP: 31418ER77<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    812955 | PA      | $804864.71    | 0.50%             | 2053-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2025-R2                                                | VERUS 2025-R2 A1                                       | CUSIP: 92541EAC6<br>LEI: 2138003KWTZZS4PBW772 | Long             | ABS-O            | CORP              | US        |    382107 | PA      | $380501.25    | 0.24%             | 2067-07-25      | Variable      | 5.09%                 | No            |                  2 | On Loan: No      |
| LOANDEPOT GMSR MASTER TRUST SERIES 2018-GT1                                       | LDMSR 2025-GT2 A                                       | CUSIP: 53946TAF9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    520000 | PA      | $519034.62    | 0.32%             | 2030-07-16      | Variable      | 6.82%                 | No            |                  2 | On Loan: No      |
| BAMLL COMMERCIAL MORTGAGE SECURITIES TRUST 2016-ASHF                              | BAMLL 2016-ISQ A                                       | CUSIP: 05523GAA9<br>LEI: 549300MWBLMUUG6B8094 | Long             | ABS-O            | CORP              | US        |    495000 | PA      | $410859.90    | 0.26%             | 2034-08-16      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2021-1 PI                                          | CUSIP: 38382ML56<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGSE             | US        |     59934 | PA      | $8982.63      | 0.01%             | 2050-12-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT                              | T 3.875 04/15/29                                       | CUSIP: 91282CQJ3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1175000 | PA      | $1173806.65   | 0.73%             | 2029-04-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2021-122 HS                                        | CUSIP: 38382WBD8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    961168 | PA      | $127938.20    | 0.08%             | 2051-07-20      | Floating      | 2.52%                 | No            |                  2 | On Loan: No      |
| LAD AUTO RECEIVABLES TRUST 2024-3                                                 | LADAR 2024-3A D                                        | CUSIP: 505709AG0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    565000 | PA      | $565495.00    | 0.35%             | 2032-02-17      | Fixed         | 5.18%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                   | FHR 4994 TS                                            | CUSIP: 3137FUFU3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |   1298740 | PA      | $160398.14    | 0.10%             | 2050-07-25      | Floating      | 2.34%                 | No            |                  2 | On Loan: No      |
| BANK 2019-BNK19                                                                   | BANK 2019-BN19 B                                       | CUSIP: 06540WBF9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     80000 | PA      | $69275.97     | 0.04%             | 2061-08-17      | Variable      | 3.65%                 | No            |                  2 | On Loan: No      |
| MULTIFAMILY CONNECTICUT AVENUE SECURITIES TRUST 2020-01                           | MCAS 2020-01 CE                                        | CUSIP: 62548QAF8<br>LEI: 5493002KQF9IH3CTQZ40 | Long             | ABS-O            | CORP              | US        |    115000 | PA      | $118673.92    | 0.07%             | 2050-03-25      | Floating      | 11.26%                | No            |                  2 | On Loan: No      |
| BLP COMMERCIAL MORTGAGE TRUST 2023-IND                                            | BLP 2023-IND F                                         | CUSIP: 055531AL1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    330411 | PA      | $331443.19    | 0.21%             | 2040-03-15      | Variable      | 7.86%                 | No            |                  2 | On Loan: No      |
| DATABANK ISSUER II LLC                                                            | HYPER 2025-1A B                                        | CUSIP: 23802YAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    375000 | PA      | $365817.45    | 0.23%             | 2055-09-27      | Fixed         | 5.67%                 | No            |                  2 | On Loan: No      |
| BRIDGECREST LENDING AUTO SECURITIZATION TRUST 2024-1                              | BLAST 2024-1 C                                         | CUSIP: 107933AE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    250000 | PA      | $251568.65    | 0.16%             | 2029-04-16      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST 2021-DNA1                                           | STACR 2021-DNA1 B1                                     | CUSIP: 35564KBD0<br>LEI: 5493000IT1PBTE7DAT80 | Long             | ABS-O            | USGSE             | US        |    580000 | PA      | $609000.00    | 0.38%             | 2051-01-25      | Floating      | 6.30%                 | No            |                  2 | On Loan: No      |
| BLACKROCK RAINIER CLO VI LTD                                                      | BLKMM 2021-6A A1R                                      | CUSIP: 09261MAQ9<br>LEI: 549300HF4E86WXQDUX86 | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $249898.75    | 0.16%             | 2037-04-20      | Variable      | 5.82%                 | No            |                  2 | On Loan: No      |
| BX TRUST 2018-BILT                                                                | BX 2024-BRBK D                                         | CUSIP: 05613NAL1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    265000 | PA      | $263860.47    | 0.16%             | 2041-10-15      | Floating      | 9.64%                 | No            |                  2 | On Loan: No      |
| FLAGSHIP CREDIT AUTO TRUST 2021-3                                                 | FCAT 2021-3 D                                          | CUSIP: 33846QAG6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    407503 | PA      | $402940.34    | 0.25%             | 2027-09-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                   | FHR 5514 SA                                            | CUSIP: 3137HKCT9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    828117 | PA      | $24655.60     | 0.02%             | 2055-03-25      | Floating      | 1.45%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC STRUCTURED PASS THROUGH CERTIFICATES                                  | STACR 2018-SPI3 B                                      | CUSIP: 3137G1DF1<br>LEI: N/A                  | Long             | ABS-O            | USGSE             | US        |    680932 | PA      | $542942.15    | 0.34%             | 2048-08-25      | Variable      | 4.15%                 | No            |                  2 | On Loan: No      |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT                              | T 4.125 04/30/33                                       | CUSIP: 91282CQN4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    500000 | PA      | $497421.88    | 0.31%             | 2033-04-30      | Fixed         | 4.12%                 | No            |                  2 | On Loan: —       |
| RCKT MORTGAGE TRUST 2022-2                                                        | RCKT 2022-2 A2                                         | CUSIP: 74938WAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    453213 | PA      | $375538.52    | 0.23%             | 2052-02-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| SEQUOIA MORTGAGE TRUST 2026-5                                                     | SEMT 2026-5 A26F                                       | CUSIP: 81750TBD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    320000 | PA      | $319984.03    | 0.20%             | 2056-05-25      | Variable      | 5.34%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                   | FR SL1570                                              | CUSIP: 31427NW88<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    268118 | PA      | $273799.55    | 0.17%             | 2055-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                   | FR SD4958                                              | CUSIP: 3132DSQK1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3463596 | PA      | $2793316.18   | 1.74%             | 2052-06-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FN FM7418                                              | CUSIP: 3140XBG46<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    124277 | PA      | $106339.59    | 0.07%             | 2051-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CARMAX AUTO OWNER TRUST 2024-1                                                    | CARMX 2024-1 C                                         | CUSIP: 14318WAG2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     80000 | PA      | $81155.84     | 0.05%             | 2029-08-15      | Fixed         | 5.47%                 | No            |                  2 | On Loan: No      |
| WASHINGTON MUTUAL MORTGAGE PASS-THROUGH CERTIFICATES WMALT SERIES 2005-8 TRUST    | WMALT 2005-8 2CB3                                      | CUSIP: 93934FCQ3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     28628 | PA      | $27388.83     | 0.02%             | 2035-10-25      | Floating      | 4.18%                 | No            |                  2 | On Loan: No      |
| PROGRESS RESIDENTIAL 2025-SFR4 TRUST                                              | PROG 2025-SFR4 C                                       | CUSIP: 74290JAE2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    440000 | PA      | $432729.66    | 0.27%             | 2042-08-19      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2022-101 SB                                        | CUSIP: 38383F6G3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |   1018807 | PA      | $10133.16     | 0.01%             | 2052-06-20      | Floating      | 0.01%                 | No            |                  2 | On Loan: No      |
| GS MORTGAGE SECURITIES TRUST 2015-GC30                                            | GSMS 2015-GC30 B                                       | CUSIP: 36250GAU9<br>LEI: 549300L45M7638EL0H21 | Long             | ABS-O            | CORP              | US        |    104526 | PA      | $101077.62    | 0.06%             | 2050-05-12      | Variable      | 4.09%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FNR 2020-57 LJ                                         | CUSIP: 3136BBCM2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    535000 | PA      | $406916.40    | 0.25%             | 2050-08-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2020-166 IC                                        | CUSIP: 38382LQD6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGSE             | US        |     60342 | PA      | $7268.29      | 0.00%             | 2050-11-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FR QD8143                                              | CUSIP: 3133B6BL3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     84952 | PA      | $68175.04     | 0.04%             | 2052-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                   | FR SD8407                                              | CUSIP: 3132DWKU6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    483529 | PA      | $477226.35    | 0.30%             | 2054-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BANC OF AMERICA MORTGAGE SECURITIES INC                                           | BOAMS 2005-A 2A3                                       | CUSIP: 05949AJ27<br>LEI: 549300IE5TDZLY0T0V30 | Long             | ABS-O            | CORP              | US        |     15503 | PA      | $15212.21     | 0.01%             | 2035-02-25      | Variable      | 4.76%                 | No            |                  2 | On Loan: No      |
| EXETER AUTOMOBILE RECEIVABLES TRUST 2013-2                                        | EART 2025-5A D                                         | CUSIP: 30166VAL2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    350000 | PA      | $350988.16    | 0.22%             | 2032-03-15      | Fixed         | 5.16%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FN MA4598                                              | CUSIP: 31418EDC1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1339967 | PA      | $1128068.60   | 0.70%             | 2052-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2021-56 FE                                         | CUSIP: 38382J4U7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    118693 | PA      | $17040.29     | 0.01%             | 2050-10-20      | Floating      | 2.50%                 | No            |                  2 | On Loan: No      |
| EXETER AUTOMOBILE RECEIVABLES TRUST 2025-3                                        | EART 2025-3A D                                         | CUSIP: 30166XAF1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    275000 | PA      | $277458.20    | 0.17%             | 2031-10-15      | Fixed         | 5.57%                 | No            |                  2 | On Loan: No      |
| HERTZ VEHICLE FINANCING III LLC                                                   | HERTZ 2024-2A D                                        | CUSIP: 42806MCP2<br>LEI: 549300MNOMKDMDFI8J66 | Long             | ABS-O            | CORP              | US        |    315000 | PA      | $328060.40    | 0.20%             | 2031-01-27      | Fixed         | 9.41%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2020-34 SC                                         | CUSIP: 38382DM30<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |     72485 | PA      | $8722.99      | 0.01%             | 2050-03-20      | Floating      | 2.27%                 | No            |                  2 | On Loan: No      |
| ARES DIRECT LENDING CLO 3 LLC                                                     | ARESDL 2024-3A A2                                      | CUSIP: 039945AB6<br>LEI: 254900TU6Z546P794928 | Long             | ABS-CBDO         | CORP              | US        |    250000 | PA      | $249878.50    | 0.16%             | 2037-01-21      | Floating      | 5.43%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2020-188 GI                                        | CUSIP: 38382LZ87<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGSE             | US        |    948449 | PA      | $109136.55    | 0.07%             | 2050-12-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2024-51 SX                                         | CUSIP: 38384KVY4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |   2975526 | PA      | $116190.74    | 0.07%             | 2054-03-20      | Floating      | 1.56%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FR RA7122                                              | CUSIP: 3133KN4F7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    649530 | PA      | $594551.84    | 0.37%             | 2052-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| OBX 2022-J1 TRUST                                                                 | OBX 2022-J1 A14                                        | CUSIP: 67116WAP4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1021862 | PA      | $833141.66    | 0.52%             | 2052-02-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | CAS 2022-R02 2B2                                       | CUSIP: 20754BAJ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    685000 | PA      | $714646.80    | 0.45%             | 2042-01-27      | Floating      | 11.30%                | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FNR 2021-34 MI                                         | CUSIP: 3136BHWC9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    775216 | PA      | $101285.26    | 0.06%             | 2051-03-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FN FM3129                                              | CUSIP: 3140X6PP0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     80330 | PA      | $71089.07     | 0.04%             | 2050-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY MUNICIPAL WATER FINANCE AUTHORITY (NY)                              | USRE 2021-1 A1                                         | CUSIP: 643821AA9<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | ABS-O            | CORP              | US        |    285000 | PA      | $239400.00    | 0.15%             | 2061-10-20      | Fixed         | 1.91%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MSCR TRUST MN10                                                       | MSCR 2025-MN10 M2                                      | CUSIP: 35563UAB4<br>LEI: 529900M14O2Z3FO2N217 | Long             | ABS-O            | USGSE             | US        |    320000 | PA      | $320951.39    | 0.20%             | 2045-02-27      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| OBX 2019-INV2 TRUST                                                               | OBX 2019-INV2 A5                                       | CUSIP: 67112VAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     30148 | PA      | $28167.42     | 0.02%             | 2049-05-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                   | FR SD8506                                              | CUSIP: 3132DWNX7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    458443 | PA      | $460954.81    | 0.29%             | 2055-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| OWL ROCK XX LLC                                                                   | OR 2024-20A C                                          | CUSIP: 69122LAC5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    250000 | PA      | $246086.75    | 0.15%             | 2034-10-24      | Floating      | 5.77%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                             | FN FA1540                                              | CUSIP: 3140W1WA7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    330578 | PA      | $338685.37    | 0.21%             | 2054-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FN CA2960                                              | CUSIP: 3140QAJE1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     27057 | PA      | $26451.87     | 0.02%             | 2049-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| WASHINGTON MUTUAL MORTGAGE PASS-THROUGH CERTIFICATES WMALT SERIES 2005-AR18 TRUST | WAMU 2002-AR17 1A                                      | CUSIP: 929227XB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     18954 | PA      | $18384.35     | 0.01%             | 2042-11-25      | Variable      | 4.33%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2020-189 NS                                        | CUSIP: 38382MCH0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGSE             | US        |    119932 | PA      | $16320.57     | 0.01%             | 2050-12-20      | Floating      | 2.52%                 | No            |                  2 | On Loan: No      |
| BRIDGECREST LENDING AUTO SECURITIZATION TRUST 2025-3                              | BLAST 2025-3 E                                         | CUSIP: 107920AG5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    600000 | PA      | $600010.50    | 0.37%             | 2032-05-17      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| WASHINGTON MUTUAL MORTGAGE PASS-THROUGH CERTIFICATES WMALT SERIES 2005-AR18 TRUST | WAMU 2005-AR6 2A1A                                     | CUSIP: 92922FJ25<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     45121 | PA      | $44020.74     | 0.03%             | 2045-04-25      | Floating      | 4.23%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2022-185 DI                                        | CUSIP: 38381HVY4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    867942 | PA      | $57748.34     | 0.04%             | 2065-10-16      | Variable      | 1.02%                 | No            |                  2 | On Loan: No      |
| PTCM RE-REMIC TRUST 2026-FRR1                                                     | PTCM 2026-FRR1 B169                                    | CUSIP: 69384CAU8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    445000 | PA      | $349614.92    | 0.22%             | 2062-03-27      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                   | FR SD8199                                              | CUSIP: 3132DWDC4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4285687 | PA      | $3445436.39   | 2.15%             | 2052-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| JP MORGAN MORTGAGE TRUST 2021-12                                                  | JPMMT 2021-12 A3                                       | CUSIP: 46592WAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1076293 | PA      | $890323.74    | 0.56%             | 2052-02-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2025-112 IO                                        | CUSIP: 38381MUH1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |   2287654 | PA      | $113818.58    | 0.07%             | 2066-03-16      | Variable      | 0.57%                 | No            |                  2 | On Loan: No      |
| Huntington National Bank of Ohio                                                  | HACLN 2024-2 E                                         | CUSIP: 44644NAL3<br>LEI: 2WHM8VNJH63UN14OL754 | Long             | ABS-O            | CORP              | US        |    404560 | PA      | $398034.50    | 0.25%             | 2032-10-20      | Floating      | 11.16%                | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                   | FHR 5040 IO                                            | CUSIP: 3137F6PH4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |     50139 | PA      | $9009.04      | 0.01%             | 2050-11-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FNR 2019-32 SB                                         | CUSIP: 3136B4XC7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |     46425 | PA      | $4807.00      | 0.00%             | 2049-06-25      | Floating      | 2.29%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO COMMERCIAL MORTGAGE TRUST 2016-NXS5                                   | WFCM 2016-NXS5 D                                       | CUSIP: 95000CBJ1<br>LEI: 549300SGFUCMB43V8P22 | Long             | ABS-O            | CORP              | US        |    394000 | PA      | $177300.00    | 0.11%             | 2059-01-17      | Variable      | 4.98%                 | No            |                  2 | On Loan: No      |
| COMM 2016-DC2 MORTGAGE TRUST                                                      | COMM 2016-DC2 D                                        | CUSIP: 12594CAL4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    760000 | PA      | $693864.80    | 0.43%             | 2049-02-12      | Variable      | 4.01%                 | No            |                  2 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                                            | 5-Year T-Note Futures, Jun-2026,ETH                    | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |        -2 | NC      | $-51.22       | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| BANK 2017-BNK7                                                                    | BANK 2017-BNK7 C                                       | CUSIP: 06541XAL4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    440000 | PA      | $399656.53    | 0.25%             | 2060-09-17      | Variable      | 4.10%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                   | FHR 5328 JY                                            | CUSIP: 3137HADW3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    405367 | PA      | $281925.15    | 0.18%             | 2050-09-25      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FNR 2021-12 GC                                         | CUSIP: 3136BFHM8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |     74910 | PA      | $67855.55     | 0.04%             | 2050-07-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MSCR TRUST MN10                                                       | MSCR 2025-MN10 B1                                      | CUSIP: 35563UAC2<br>LEI: 529900M14O2Z3FO2N217 | Long             | ABS-O            | USGSE             | US        |    420000 | PA      | $428373.20    | 0.27%             | 2045-02-27      | Floating      | 8.60%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST                                                     | STACR 2022-HQA1 B2                                     | CUSIP: 35564KUL1<br>LEI: N/A                  | Long             | ABS-O            | USGSE             | US        |    150000 | PA      | $162100.91    | 0.10%             | 2042-03-25      | Floating      | 14.65%                | No            |                  2 | On Loan: No      |
| DBUBS 2011-LC3 MORTGAGE TRUST                                                     | DBUBS 2011-LC3A PM2                                    | CUSIP: 23305YAW9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    225000 | PA      | $92247.75     | 0.06%             | 2044-05-10      | Fixed         | 5.27%                 | No            |                  2 | On Loan: No      |
| BANC OF AMERICA FUNDING 2006-I TRUST                                              | BAFC 2006-I 6A1                                        | CUSIP: 05951VAV1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     29422 | PA      | $27019.37     | 0.02%             | 2046-12-20      | Floating      | 4.16%                 | No            |                  2 | On Loan: No      |
| Flexential Issuer LLC                                                             | FLX 2025-1A C                                          | CUSIP: 33938MAL3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    320000 | PA      | $323820.16    | 0.20%             | 2060-10-25      | Fixed         | 8.54%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                   | FR SD8166                                              | CUSIP: 3132DWCB7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1816255 | PA      | $1461997.64   | 0.91%             | 2051-09-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FLAGSHIP CREDIT AUTO TRUST 2022-2                                                 | FCAT 2022-2 D                                          | CUSIP: 33844XAL2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    355000 | PA      | $302516.05    | 0.19%             | 2028-04-17      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| SEQUOIA MORTGAGE TRUST 2023-2                                                     | SEMT 2023-2 B2                                         | CUSIP: 81744KCE4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    418389 | PA      | $392795.36    | 0.24%             | 2053-03-25      | Variable      | 4.98%                 | No            |                  2 | On Loan: No      |
| CWMBS INC MORTGAGE PASS THROUGH CERTIFICATES SERIES 2003-J11                      | CWHL 2005-9 1A1                                        | CUSIP: 12669GYY1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     60702 | PA      | $54051.90     | 0.03%             | 2035-05-25      | Floating      | 4.37%                 | No            |                  2 | On Loan: No      |
| REGATTA XI FUNDING LTD                                                            | REG11 2018-1A AR                                       | CUSIP: 75887XAN7<br>LEI: 254900TUAAER6MTE4E64 | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $250230.00    | 0.16%             | 2037-07-17      | Floating      | 5.08%                 | No            |                  2 | On Loan: No      |
| EXETER AUTOMOBILE RECEIVABLES TRUST 2013-2                                        | EART 2025-4A D                                         | CUSIP: 30167KAF8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    435000 | PA      | $434662.31    | 0.27%             | 2032-01-15      | Fixed         | 5.23%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FN MA4624                                              | CUSIP: 31418ED64<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1819318 | PA      | $1596948.08   | 1.00%             | 2052-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2021-96 SN                                         | CUSIP: 38382UVH1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    145452 | PA      | $17508.12     | 0.01%             | 2051-06-20      | Floating      | 2.52%                 | No            |                  2 | On Loan: No      |
| BX TRUST 2018-BILT                                                                | BX 2025-ARIA C                                         | CUSIP: 05619TAE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    450000 | PA      | $451374.26    | 0.28%             | 2042-12-15      | Variable      | 5.70%                 | No            |                  2 | On Loan: No      |
| CARMAX SELECT RECEIVABLES TRUST 2025-B                                            | CMXS 2025-B D                                          | CUSIP: 14320BAF6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    410000 | PA      | $411392.61    | 0.26%             | 2031-07-15      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| COMM 2018-HCLV MORTGAGE TRUST                                                     | COMM 2018-HCLV A                                       | CUSIP: 20048KAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    425000 | PA      | $399918.03    | 0.25%             | 2033-09-15      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| ZAYO ISSUER LLC                                                                   | ZAYO 2025-2A A2                                        | CUSIP: 98919WAG8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    475000 | PA      | $482422.54    | 0.30%             | 2055-06-20      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Rin V LLC                                                                         | RIN 2023-2A A1R                                        | CUSIP: 74970TAG2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    350000 | PA      | $350152.95    | 0.22%             | 2036-10-14      | Variable      | 5.01%                 | No            |                  2 | On Loan: No      |
| TOWD POINT MORTGAGE TRUST 2017-4                                                  | TPMT 2017-4 B5                                         | CUSIP: 89173UAJ6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    249771 | PA      | $177854.49    | 0.11%             | 2057-06-25      | Variable      | 3.61%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FN MA4806                                              | CUSIP: 31418EKU3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    391040 | PA      | $387390.01    | 0.24%             | 2052-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2025-131 S                                         | CUSIP: 38381QQF1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    640134 | PA      | $50249.26     | 0.03%             | 2055-08-20      | Floating      | 2.41%                 | No            |                  2 | On Loan: No      |
| OBX 2025-R1 TRUST                                                                 | OBX 2025-R1 A1                                         | CUSIP: 67123GAC9<br>LEI: 254900UIO03AL696QM79 | Long             | ABS-O            | CORP              | US        |    547117 | PA      | $543382.03    | 0.34%             | 2062-09-25      | Variable      | 4.94%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                   | FR RA6622                                              | CUSIP: 3133KNLB7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    191079 | PA      | $162473.03    | 0.10%             | 2052-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| HERTZ VEHICLE FINANCING III LLC                                                   | HERTZ 2025-3A D                                        | CUSIP: 42806MDE6<br>LEI: 549300MNOMKDMDFI8J66 | Long             | ABS-O            | CORP              | US        |    445000 | PA      | $452214.87    | 0.28%             | 2029-12-25      | Fixed         | 8.55%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2021-96 NS                                         | CUSIP: 38382UVG3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    119011 | PA      | $14767.31     | 0.01%             | 2051-06-20      | Floating      | 2.52%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FN BK4772                                              | CUSIP: 3140HJJS1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     21271 | PA      | $20243.87     | 0.01%             | 2048-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | CAS 2022-R06 1M2                                       | CUSIP: 20754NAK1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    470000 | PA      | $483413.10    | 0.30%             | 2042-05-27      | Floating      | 7.50%                 | No            |                  2 | On Loan: No      |
| CIM TRUST 2019-INV1                                                               | CIM 2019-INV1 B4                                       | CUSIP: 12555DAY1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    338733 | PA      | $332513.11    | 0.21%             | 2049-02-25      | Variable      | 5.02%                 | No            |                  2 | On Loan: No      |
| DRIVE AUTO RECEIVABLES TRUST 2024-1                                               | DRIVE 2024-1 C                                         | CUSIP: 26208WAE4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     75000 | PA      | $75977.36     | 0.05%             | 2031-11-17      | Fixed         | 5.43%                 | No            |                  2 | On Loan: No      |
| SIGNAL PEAK CLO 12 LTD                                                            | SPEAK 2022-12A A1R                                     | CUSIP: 82671XAQ6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |    250000 | PA      | $250218.00    | 0.16%             | 2037-07-20      | Floating      | 5.08%                 | No            |                  2 | On Loan: No      |
| GS MORTGAGE SECURITIES CORP TRUST 2017-GPTX                                       | GSMS 2017-GPTX A                                       | CUSIP: 36257CAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    513367 | PA      | $457650.87    | 0.29%             | 2034-05-12      | Fixed         | 2.86%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                  | FR RJ5572                                              | CUSIP: 3142GWFN4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    673703 | PA      | $668402.50    | 0.42%             | 2055-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GS MORTGAGE-BACKED SECURITIES TRUST 2023-PJ1                                      | GSMBS 2023-PJ1 A4                                      | CUSIP: 36267TAG3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1308575 | PA      | $1175453.58   | 0.73%             | 2053-02-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| BAMLL COMMERCIAL MORTGAGE SECURITIES TRUST 2014-520M                              | BAMLL 2014-520M A                                      | CUSIP: 05525MAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    375000 | PA      | $341423.89    | 0.21%             | 2046-08-16      | Variable      | 4.33%                 | No            |                  2 | On Loan: No      |
| JP MORGAN MORTGAGE TRUST 2022-1                                                   | JPMMT 2022-1 B3                                        | CUSIP: 46654WCK5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    475182 | PA      | $387221.42    | 0.24%             | 2052-07-25      | Variable      | 3.08%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2021-50 KI                                         | CUSIP: 38382PS29<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    163862 | PA      | $17930.19     | 0.01%             | 2048-01-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BENCHMARK 2018-B6 MORTGAGE TRUST                                                  | BMARK 2018-B6 D                                        | CUSIP: 08162CAL4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    605000 | PA      | $460534.23    | 0.29%             | 2051-10-12      | Variable      | 3.24%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST 2019-HRP1                                     | CAS 2019-HRP1 B1                                       | CUSIP: 20754PAD2<br>LEI: 549300Z5THZ1JXIHVK60 | Long             | ABS-O            | USGSE             | US        |    268567 | PA      | $279360.26    | 0.17%             | 2039-11-25      | Floating      | 13.01%                | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                   | FR SD3770                                              | CUSIP: 3132E0FK3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    503296 | PA      | $430244.13    | 0.27%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2021-57 SD                                         | CUSIP: 38382QAM2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |   2236505 | PA      | $286439.51    | 0.18%             | 2051-03-20      | Floating      | 2.52%                 | No            |                  2 | On Loan: No      |
| GS MORTGAGE-BACKED SECURITIES TRUST 2022-HP1                                      | GSMBS 2022-HP1 B4                                      | CUSIP: 36265LAV9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    497942 | PA      | $411933.03    | 0.26%             | 2052-09-25      | Variable      | 3.31%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                   | FR SD8266                                              | CUSIP: 3132DWFF5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2718808 | PA      | $2626611.70   | 1.64%             | 2052-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FLAGSHIP CREDIT AUTO TRUST 2021-2                                                 | FCAT 2021-2 E                                          | CUSIP: 33844WAJ9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    410000 | PA      | $397792.46    | 0.25%             | 2028-09-15      | Fixed         | 3.16%                 | No            |                  2 | On Loan: No      |
| FLAGSTAR MORTGAGE TRUST 2021-6INV                                                 | FSMT 2021-6INV A18                                     | CUSIP: 33851GAU9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    135306 | PA      | $111212.78    | 0.07%             | 2051-08-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| OCTAGON INVESTMENT PARTNERS 49 LTD                                                | OCT49 2020-5A ARR                                      | CUSIP: 67578FBA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    300000 | PA      | $299134.50    | 0.19%             | 2037-04-15      | Variable      | 4.79%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FN MA5552                                              | CUSIP: 31418FE29<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    796962 | PA      | $785877.31    | 0.49%             | 2054-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FIRST INVESTORS AUTO OWNER TRUST 20                                               | FIAOT 2023-1A D                                        | CUSIP: 320986AG7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    285000 | PA      | $295199.84    | 0.18%             | 2031-01-15      | Fixed         | 7.74%                 | No            |                  2 | On Loan: No      |
| JP MORGAN MORTGAGE TRUST 2026-ACES1                                               | JPMMT 2026-ACES1 A3                                    | CUSIP: 46664MAQ4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    325000 | PA      | $321218.01    | 0.20%             | 2065-10-25      | Variable      | 8.38%                 | No            |                  2 | On Loan: No      |
| SHENTEL ISSUER LLC                                                                | SHENTL 2025-1A A2                                      | CUSIP: 82321AAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    480000 | PA      | $485210.78    | 0.30%             | 2055-12-20      | Fixed         | 5.64%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FNR 2021-85 BI                                         | CUSIP: 3136BKHZ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    285277 | PA      | $49367.20     | 0.03%             | 2051-12-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FN MA5027                                              | CUSIP: 31418ESR2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    899312 | PA      | $844157.92    | 0.53%             | 2053-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                  | FR SD6871                                              | CUSIP: 3132DUT49<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    660912 | PA      | $670326.90    | 0.42%             | 2054-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2021-16 AS                                         | CUSIP: 38382NAB3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |   2030998 | PA      | $11470.47     | 0.01%             | 2051-01-20      | Floating      | 0.01%                 | No            |                  2 | On Loan: No      |
| HILTON USA TRUST 2016-SFP                                                         | HILT 2016-SFP A                                        | CUSIP: 43289VAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $168002.00    | 0.10%             | 2035-11-07      | Fixed         | 2.83%                 | No            |                  2 | On Loan: No      |
| EXETER AUTOMOBILE RECEIVABLES TRUST 2013-2                                        | EART 2025-4A E                                         | CUSIP: 30167KAG6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    295000 | PA      | $295807.09    | 0.18%             | 2033-04-15      | Fixed         | 6.99%                 | No            |                  2 | On Loan: No      |
| BENCHMARK 2019-B14 MORTGAGE TRUST                                                 | BMARK 2019-B14 C                                       | CUSIP: 08162YAJ1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    485000 | PA      | $343713.83    | 0.21%             | 2062-12-15      | Variable      | 3.90%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC STRUCTURED AGENCY CREDIT RISK TRUST 2019-HQA2                         | STACR 2019-HQA2 B2                                     | CUSIP: 35564MBE4<br>LEI: 549300NKHCH87PYOHD44 | Long             | ABS-O            | USGSE             | US        |    680000 | PA      | $806457.02    | 0.50%             | 2049-04-26      | Floating      | 15.01%                | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                   | FR SD8211                                              | CUSIP: 3132DWDQ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    694297 | PA      | $557759.18    | 0.35%             | 2052-05-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CHEVY CHASE FUNDING LLC MORTGAGE-BACKED CERTIFICATES SERIES 2005-A                | CCMFC 2005-AA A2                                       | CUSIP: 16678RDC8<br>LEI: 549300VJ603C97L1MC67 | Long             | ABS-O            | CORP              | US        |     23749 | PA      | $22907.44     | 0.01%             | 2036-01-25      | Floating      | 4.02%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                  | FR RB5383                                              | CUSIP: 3133KY6U8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    308456 | PA      | $300729.67    | 0.19%             | 2046-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FLAGSHIP CREDIT AUTO TRUST 2021-4                                                 | FCAT 2024-1 C                                          | CUSIP: 33843VAJ2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    345000 | PA      | $345594.06    | 0.22%             | 2030-02-15      | Fixed         | 5.79%                 | No            |                  2 | On Loan: No      |
| TRICON AMERICAN HOMES 2020-SFR1                                                   | TAH 2020-SFR1 C                                        | CUSIP: 89613GAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    335000 | PA      | $332976.20    | 0.21%             | 2038-07-19      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| MTN COMMERCIAL MORTGAGE TRUST 2022-LPFL                                           | MTN 2026-LPFX E                                        | CUSIP: 624944AJ3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    390000 | PA      | $388926.24    | 0.24%             | 2043-05-15      | Variable      | 6.56%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2021-188 IO                                        | CUSIP: 38383CTL4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |   1148092 | PA      | $186203.42    | 0.12%             | 2051-10-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FN MA4623                                              | CUSIP: 31418ED56<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    748522 | PA      | $629865.01    | 0.39%             | 2052-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FN MA5614                                              | CUSIP: 31418FGY7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    325351 | PA      | $327150.26    | 0.20%             | 2055-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2021-179 SA                                        | CUSIP: 38383CYH7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    965691 | PA      | $129998.93    | 0.08%             | 2050-11-20      | Floating      | 2.52%                 | No            |                  2 | On Loan: No      |
| BANK 2017-BNK6                                                                    | BANK 2017-BNK6 D                                       | CUSIP: 060352AV3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    275000 | PA      | $231564.77    | 0.14%             | 2060-07-16      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2023-37 IB                                         | CUSIP: 38383V7L6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    601712 | PA      | $86302.77     | 0.05%             | 2050-10-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FN MA4438                                              | CUSIP: 31418D4Y5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2593705 | PA      | $2185388.47   | 1.36%             | 2051-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FLAGSHIP CREDIT AUTO TRUST 2021-1                                                 | FCAT 2021-1 D                                          | CUSIP: 33843WAG6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     14809 | PA      | $14789.25     | 0.01%             | 2027-03-15      | Fixed         | 1.27%                 | No            |                  2 | On Loan: No      |
| MELLO MORTGAGE CAPITAL ACCEPTANCE 2021-MTG1                                       | MELLO 2021-MTG1 A19                                    | CUSIP: 585495BN3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    103789 | PA      | $85204.30     | 0.05%             | 2051-04-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| SANTANDER DRIVE AUTO RECEIVABLES TRUST 2022-2                                     | SDART 2026-1 D                                         | CUSIP: 80288FAF8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $492597.60    | 0.31%             | 2032-04-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                  | FR SL0927                                              | CUSIP: 31427NA58<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    918997 | PA      | $949086.15    | 0.59%             | 2054-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FN FM3889                                              | CUSIP: 3140X7KB4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     26568 | PA      | $23544.20     | 0.01%             | 2050-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                   | SLST 2018-1 A1                                         | CUSIP: 35564CAA5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |     42694 | PA      | $41784.54     | 0.03%             | 2028-06-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNS 1 1                                                | CUSIP: 37610VAA3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     14357 | PA      | $12637.29     | 0.01%             | 2034-07-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BWAY 2013-1515 MORTGAGE TRUST                                                     | BWAY 2013-1515 C                                       | CUSIP: 05604FAL9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    285000 | PA      | $263625.40    | 0.16%             | 2033-03-10      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST                                                     | STACR 2026-DNA2 M2                                     | CUSIP: 35564UDR5<br>LEI: N/A                  | Long             | ABS-O            | USGSE             | US        |    435000 | PA      | $436204.17    | 0.27%             | 2046-03-26      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| JP MORGAN MORTGAGE TRUST 2019-8                                                   | JPMMT 2019-8 A11                                       | CUSIP: 46591KAZ6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     10605 | PA      | $10389.42     | 0.01%             | 2050-03-25      | Variable      | 4.64%                 | No            |                  2 | On Loan: No      |
| LAD AUTO RECEIVABLES TRUST 2024-2                                                 | LADAR 2024-2A D                                        | CUSIP: 505920AG3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    430000 | PA      | $440478.58    | 0.27%             | 2031-10-15      | Fixed         | 6.37%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2023-53 PO                                         | CUSIP: 38383XYN8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    217404 | PA      | $176811.89    | 0.11%             | 2053-04-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2022-207 IO                                        | CUSIP: 38383HFY0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |     72265 | PA      | $12379.81     | 0.01%             | 2051-08-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CAMB 2021-CX2 MORTGAGE TRUST                                                      | CAMB 2021-CX2 D                                        | CUSIP: 12477BAJ3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    600000 | PA      | $467933.58    | 0.29%             | 2046-11-13      | Fixed         | 2.77%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                   | FR SD8243                                              | CUSIP: 3132DWEQ2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1353828 | PA      | $1233110.36   | 0.77%             | 2052-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                   | FHR 5191 IO                                            | CUSIP: 3137H5N86<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |     63410 | PA      | $12171.11     | 0.01%             | 2050-09-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2020-189 SU                                        | CUSIP: 38382MGE3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGSE             | US        |    359506 | PA      | $49170.02     | 0.03%             | 2050-12-20      | Floating      | 2.52%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                   | FR SD8277                                              | CUSIP: 3132DWFS7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    512942 | PA      | $518324.78    | 0.32%             | 2052-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2020-129 SB                                        | CUSIP: 38382JXP6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    145611 | PA      | $1222.52      | 0.00%             | 2050-09-20      | Floating      | 0.01%                 | No            |                  2 | On Loan: No      |
| BAIN CAPITAL CREDIT CLO 2021-6 LTD                                                | BCC 2021-6A DR                                         | CUSIP: 05684PAU0<br>LEI: 254900YXN9JEMKU5DF45 | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $241960.00    | 0.15%             | 2034-10-23      | Floating      | 6.62%                 | No            |                  2 | On Loan: No      |
| WP GLIMCHER MALL TRUST 2015-WPG                                                   | JPMDB 2015-WPG C                                       | CUSIP: 92939VAG9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    450000 | PA      | $382509.00    | 0.24%             | 2035-06-07      | Variable      | 3.52%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FN MA4940                                              | CUSIP: 31418EP20<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    932389 | PA      | $922243.76    | 0.58%             | 2053-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST 2021-1440                    | JPMCC 2021-1440 A                                      | CUSIP: 46653DAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    245000 | PA      | $230025.21    | 0.14%             | 2036-03-17      | Floating      | 5.07%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FNR 2022-10 SA                                         | CUSIP: 3136BL3H1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    597021 | PA      | $67159.91     | 0.04%             | 2052-02-25      | Floating      | 2.10%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2020-146 SA                                        | CUSIP: 38382KWJ8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    122265 | PA      | $15796.64     | 0.01%             | 2050-10-20      | Floating      | 2.52%                 | No            |                  2 | On Loan: No      |
| BX TRUST 2019-IMC                                                                 | BX 2019-IMC F                                          | CUSIP: 05608BAQ3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    330000 | PA      | $326747.22    | 0.20%             | 2034-04-17      | Floating      | 6.60%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2021-67 PI                                         | CUSIP: 38382RR75<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |     77525 | PA      | $12944.51     | 0.01%             | 2051-04-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2020-177 IO                                        | CUSIP: 38380RHQ6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    230394 | PA      | $13002.92     | 0.01%             | 2062-06-16      | Variable      | 0.82%                 | No            |                  2 | On Loan: No      |
| TRICON AMERICAN HOMES 2020-SFR1                                                   | TAH 2020-SFR1 D                                        | CUSIP: 89613GAD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    460000 | PA      | $457356.52    | 0.29%             | 2038-07-19      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| TOYOTA AUTO LOAN EXTENDED NOTE TRUST 2023-1                                       | TALNT 2023-1A A                                        | CUSIP: 89231WAA1<br>LEI: 5493000KI9FC40RVHF71 | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $101292.86    | 0.06%             | 2036-06-25      | Fixed         | 4.93%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2022-107 SA                                        | CUSIP: 38383TLA9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |   5117400 | PA      | $46747.96     | 0.03%             | 2052-06-20      | Floating      | 0.01%                 | No            |                  2 | On Loan: No      |
| BANK 2017-BNK8                                                                    | BANK 2017-BNK8 D                                       | CUSIP: 06650AAU1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $113026.58    | 0.07%             | 2050-11-17      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| SOFI CONSUMER LOAN PROGRAM                                                        | SCLP 2025-1 B                                          | CUSIP: 83406YAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    370000 | PA      | $372811.85    | 0.23%             | 2034-02-27      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                   | FHS 311 S1                                             | CUSIP: 31325URK4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1120780 | PA      | $109710.80    | 0.07%             | 2043-08-15      | Floating      | 2.16%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FNR 2024-48 SB                                         | CUSIP: 3136BSLE3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |   1962192 | PA      | $105885.20    | 0.07%             | 2054-07-25      | Floating      | 2.25%                 | No            |                  2 | On Loan: No      |
| Dlic Re-remic Trust 2025-FRR1                                                     | DLIC 2025-FRR1 C104                                    | CUSIP: 255928BA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    495000 | PA      | $418674.91    | 0.26%             | 2052-12-27      | Fixed         | 1.64%                 | No            |                  2 | On Loan: No      |
| GLS AUTO RECEIVABLES ISSUER TRUST 2025-1                                          | GCAR 2025-1A D                                         | CUSIP: 36271KAL5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    610000 | PA      | $619693.75    | 0.39%             | 2030-11-15      | Fixed         | 5.61%                 | No            |                  2 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                                            | U.S. Treasury Bond Futures, Jun-2026,ETH               | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |        -4 | NC      | $17834.19     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CHASE MORTGAGE FINANCE TRUST                                                      | CHASE 2005-S3 A14                                      | CUSIP: 16162WNQ8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     45972 | PA      | $31829.45     | 0.02%             | 2035-11-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                   | FR SD8342                                              | CUSIP: 3132DWHT3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1024400 | PA      | $1033329.90   | 0.64%             | 2053-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FN MA4626                                              | CUSIP: 31418ED80<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    983968 | PA      | $927192.69    | 0.58%             | 2052-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SUBWAY FUNDING LLC                                                                | SUBWAY 2024-1A A2I                                     | CUSIP: 864300AA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    349675 | PA      | $352217.42    | 0.22%             | 2054-07-30      | Fixed         | 6.03%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                   | FHR 5021 SA                                            | CUSIP: 3137FWMZ0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    867038 | PA      | $16939.14     | 0.01%             | 2050-10-25      | Floating      | 0.01%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                   | FHS 272 PO                                             | CUSIP: 3128HXY25<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    139683 | PA      | $107716.97    | 0.07%             | 2042-08-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2022-190 HS                                        | CUSIP: 38383LBB5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    295528 | PA      | $30767.61     | 0.02%             | 2050-02-20      | Floating      | 2.27%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2021-205 GA                                        | CUSIP: 38383C3B4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    120583 | PA      | $98690.45     | 0.06%             | 2051-11-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CIM TRUST 2025-NR1                                                                | CIM 2025-NR1 A1                                        | CUSIP: 17181YAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    239833 | PA      | $238131.18    | 0.15%             | 2064-06-25      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| RCKT MORTGAGE TRUST 2021-5                                                        | RCKT 2021-5 A1                                         | CUSIP: 749384AA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4163709 | PA      | $3441359.22   | 2.15%             | 2051-11-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST 2020-SBT1                                     | CAS 2020-SBT1 1B1                                      | CUSIP: 20753VBT4<br>LEI: N/A                  | Long             | ABS-O            | USGSE             | US        |    715000 | PA      | $742549.88    | 0.46%             | 2040-02-27      | Floating      | 10.51%                | No            |                  2 | On Loan: No      |
| COMM 2016-DC2 MORTGAGE TRUST                                                      | COMM 2016-DC2 C                                        | CUSIP: 12594CBK5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    395000 | PA      | $388277.10    | 0.24%             | 2049-02-12      | Variable      | 4.76%                 | No            |                  2 | On Loan: No      |
| INDYMAC INDX MORTGAGE LOAN TRUST 2004-AR14                                        | INDX 2005-AR12 2A1A                                    | CUSIP: 45660LMG1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     66849 | PA      | $63024.48     | 0.04%             | 2035-07-25      | Floating      | 4.25%                 | No            |                  2 | On Loan: No      |
| DREYFUS GOVERNMENT CASH MANAGE                                                    | DREYFUS GOVERNMENT CASH MANAGE                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | RF                | US        |    790502 | NS      | $790501.93    | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2023-194 CI                                        | CUSIP: 38381JN94<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |   1452226 | PA      | $88089.68     | 0.05%             | 2065-10-16      | Variable      | 0.84%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                             | FN FS3603                                              | CUSIP: 3140XKAD2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     44508 | PA      | $45322.27     | 0.03%             | 2053-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2025-25 P                                          | CUSIP: 38385DFK7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    202900 | PA      | $208384.27    | 0.13%             | 2054-11-20      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust 2025-2                                              | CMLTI 2025-LTV1 A1                                     | CUSIP: 17332XAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    444266 | PA      | $443719.52    | 0.28%             | 2055-12-25      | Variable      | 5.24%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FNS 440 C46                                            | CUSIP: 31424U8A7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1255735 | PA      | $264802.96    | 0.17%             | 2053-10-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| STACR TRUST 2018-HRP1                                                             | STACR 2018-HRP1 B2                                     | CUSIP: 3137G0VB2<br>LEI: 549300D2VO9JVX6KU482 | Long             | ABS-O            | USGSE             | US        |    521432 | PA      | $615339.52    | 0.38%             | 2043-05-25      | Floating      | 15.51%                | No            |                  2 | On Loan: No      |
| ZAYO ISSUER LLC                                                                   | ZAYO 2025-1A B                                         | CUSIP: 98919WAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    470000 | PA      | $473778.24    | 0.30%             | 2055-03-20      | Fixed         | 6.09%                 | No            |                  2 | On Loan: No      |
| FLAGSHIP CREDIT AUTO TRUST 2021-2                                                 | FCAT 2021-2 D                                          | CUSIP: 33844WAG5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     43250 | PA      | $43008.65     | 0.03%             | 2027-06-15      | Fixed         | 1.59%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2020-183 HT                                        | CUSIP: 38382LTQ4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGSE             | US        |    113759 | PA      | $13807.73     | 0.01%             | 2050-12-20      | Floating      | 2.13%                 | No            |                  2 | On Loan: No      |
| GS MORTGAGE-BACKED SECURITIES 2022-                                               | GSMBS 2022-PJ4 A4                                      | CUSIP: 36264RAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1530096 | PA      | $1267590.04   | 0.79%             | 2052-09-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                  | FR SD5040                                              | CUSIP: 3132DSS52<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     59068 | PA      | $60059.83     | 0.04%             | 2054-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST 2024-VLT5                                            | BX 2024-VLT5 E                                         | CUSIP: 05614JAJ4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    360000 | PA      | $376122.71    | 0.23%             | 2046-11-16      | Variable      | 8.13%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FNS 426 C32                                            | CUSIP: 31422MZU3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    167601 | PA      | $15780.97     | 0.01%             | 2052-02-25      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FNR 2016-19 SD                                         | CUSIP: 3136ARD62<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    108150 | PA      | $9130.07      | 0.01%             | 2046-04-25      | Floating      | 2.34%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2023-1 HD                                          | CUSIP: 38383VFN3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    165651 | PA      | $149253.47    | 0.09%             | 2052-01-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| AOA TRUST 2025-1301                                                               | AOA 2025-1301 D                                        | CUSIP: 682461AJ7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    385000 | PA      | $385960.69    | 0.24%             | 2042-08-13      | Variable      | 6.43%                 | No            |                  2 | On Loan: No      |
| FLAGSTAR MORTGAGE TRUST 2021-9INV                                                 | FSMT 2021-9INV A7                                      | CUSIP: 33851MAG7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    965215 | PA      | $865915.36    | 0.54%             | 2041-09-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| NCMF TRUST 2025-MFS                                                               | NCMF 2025-MFS D                                        | CUSIP: 62887TAG9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    375000 | PA      | $377104.91    | 0.24%             | 2033-06-10      | Variable      | 6.62%                 | No            |                  2 | On Loan: No      |
| RALI SERIES 2007-QO3 TRUST                                                        | RALI 2007-QO3 A1                                       | CUSIP: 74923TAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     81474 | PA      | $77398.87     | 0.05%             | 2047-03-25      | Floating      | 4.09%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST 2021-HQA3                                           | STACR 2021-HQA3 B2                                     | CUSIP: 35564KKL2<br>LEI: 5493000ISHRHX47NOH65 | Long             | ABS-O            | USGSE             | US        |   1070000 | PA      | $1088812.74   | 0.68%             | 2041-09-25      | Floating      | 9.90%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                   | FHS 246 PO                                             | CUSIP: 3128HWPJ0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     44177 | PA      | $36671.06     | 0.02%             | 2037-05-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| AVIS BUDGET RENTAL CAR FUNDING (AESOP) LLC                                        | AESOP 2023-8A D                                        | CUSIP: 05377RJY1<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |    495000 | PA      | $502358.80    | 0.31%             | 2030-02-20      | Fixed         | 7.52%                 | No            |                  2 | On Loan: No      |
| SFAVE COMMERCIAL MORTGAGE SECURITIES TRUST 2015-5AVE                              | SFAVE 2015-5AVE B                                      | CUSIP: 78413MAL2<br>LEI: 549300FIGODFFTOAAU64 | Long             | ABS-O            | CORP              | US        |    380000 | PA      | $322255.09    | 0.20%             | 2043-01-08      | Variable      | 4.53%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FN FS9453                                              | CUSIP: 3140XRQF5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    273630 | PA      | $264746.03    | 0.17%             | 2053-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FNR 2025-44 SD                                         | CUSIP: 3136BWDC7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |   1406699 | PA      | $50934.32     | 0.03%             | 2055-06-25      | Floating      | 1.45%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                  | FHS 402 PO                                             | CUSIP: 3133Q3C33<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     71291 | PA      | $59630.89     | 0.04%             | 2053-09-25      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                   | FHS 397 C61                                            | CUSIP: 3142G4PC9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    535694 | PA      | $105728.77    | 0.07%             | 2053-01-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2020-167 SN                                        | CUSIP: 38382LBS9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGSE             | US        |    418845 | PA      | $55108.95     | 0.03%             | 2050-11-20      | Floating      | 2.52%                 | No            |                  2 | On Loan: No      |
| MILL CITY MORTGAGE LOAN TRUST 2018-4                                              | MCMLT 2018-4 B4                                        | CUSIP: 59980YAN5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    414516 | PA      | $257028.76    | 0.16%             | 2066-04-25      | Variable      | 3.06%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2022-87 SA                                         | CUSIP: 38383RYT8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |   2029539 | PA      | $19463.28     | 0.01%             | 2052-05-20      | Floating      | 0.01%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FN MA4371                                              | CUSIP: 31418D2D3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1185294 | PA      | $976049.80    | 0.61%             | 2051-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MSWF COMMERCIAL MORTGAGE TRUST 2023-2                                             | MSWF 2023-2 AS                                         | CUSIP: 55361AAX2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     75000 | PA      | $80474.15     | 0.05%             | 2056-12-15      | Variable      | 6.49%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2021-177 IM                                        | CUSIP: 38383CFZ8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |     92315 | PA      | $15553.81     | 0.01%             | 2051-10-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                   | FR SD8325                                              | CUSIP: 3132DWHA4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    101380 | PA      | $103994.47    | 0.06%             | 2053-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CIM TRUST 2021-J3                                                                 | CIM 2021-J3 A31                                        | CUSIP: 12565VBG7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    110877 | PA      | $91023.54     | 0.06%             | 2051-06-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| EXETER SELECT AUTOMOBILE RECEIVABLES TRUST 2025-3                                 | ESART 2025-3 D                                         | CUSIP: 30185FAF7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    400000 | PA      | $402450.56    | 0.25%             | 2032-05-17      | Fixed         | 5.54%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                   | FR SD8220                                              | CUSIP: 3132DWDZ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    431091 | PA      | $378310.40    | 0.24%             | 2052-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO COMMERCIAL MORTGAGE TRUST 2022-ONL                                    | WFCM 2022-ONL E                                        | CUSIP: 95003WAL0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    350000 | PA      | $296954.14    | 0.19%             | 2039-12-16      | Variable      | 5.09%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC STACR TRUST 2019-FTR3                                                 | STACR 2019-FTR3 B2                                     | CUSIP: 35565EAE2<br>LEI: 5493009ZFZYH4FRCW638 | Long             | ABS-O            | USGSE             | US        |    500000 | PA      | $545705.00    | 0.34%             | 2047-09-25      | Floating      | 8.56%                 | No            |                  2 | On Loan: No      |
| EXETER AUTOMOBILE RECEIVABLES TRUST 2022-2                                        | EART 2022-2A E                                         | CUSIP: 30166QAG4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    375000 | PA      | $362811.64    | 0.23%             | 2029-10-15      | Fixed         | 6.34%                 | No            |                  2 | On Loan: No      |
| BANK 2020-BNK25                                                                   | BANK 2020-BN25 D                                       | CUSIP: 06539WAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    220000 | PA      | $165260.04    | 0.10%             | 2063-01-18      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| JP MORGAN MORTGAGE TRUST 2021-4                                                   | JPMMT 2021-4 B1                                        | CUSIP: 46652VBT1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    931117 | PA      | $778815.34    | 0.49%             | 2051-08-25      | Variable      | 2.89%                 | No            |                  2 | On Loan: No      |
| SWCH COMMERCIAL MORTGAGE TRUST 2025-DATA                                          | SWCH 2025-DATA A                                       | CUSIP: 78489CAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    320000 | PA      | $317200.00    | 0.20%             | 2042-02-18      | Floating      | 5.10%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                          | G2 787246                                              | CUSIP: 3622AC5F3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1185678 | PA      | $1036338.78   | 0.65%             | 2053-09-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2016-93 AI                                         | CUSIP: 38379XY20<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    593534 | PA      | $134760.71    | 0.08%             | 2044-07-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                   | FHR 4993 KS                                            | CUSIP: 3137FU6G4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    134316 | PA      | $16775.33     | 0.01%             | 2050-07-25      | Floating      | 2.29%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2021-47 IO                                         | CUSIP: 38380RA75<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    354398 | PA      | $22962.88     | 0.01%             | 2061-03-16      | Variable      | 0.99%                 | No            |                  2 | On Loan: No      |
| CITIGROUP COMMERCIAL MORTGAGE TRUST 2018-B2                                       | CGCMT 2018-B2 D                                        | CUSIP: 17327FAJ5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    520000 | PA      | $393055.52    | 0.25%             | 2051-03-10      | Variable      | 3.30%                 | No            |                  2 | On Loan: No      |
| BAYVIEW COMMERCIAL ASSET TRUST                                                    | BVCLN 2024-EDU1 D                                      | CUSIP: 07336PAD6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    322758 | PA      | $326715.05    | 0.20%             | 2047-06-25      | Floating      | 6.40%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2023-60 ES                                         | CUSIP: 38383XSW5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |     44764 | PA      | $40941.70     | 0.03%             | 2053-04-20      | Floating      | 3.92%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2023-159 CI                                        | CUSIP: 38381JZC4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |   1895488 | PA      | $128754.81    | 0.08%             | 2065-07-16      | Variable      | 0.96%                 | No            |                  2 | On Loan: No      |
| JP MORGAN MORTGAGE TRUST 2026-ACES1                                               | JPMMT 2026-ACES1 A2                                    | CUSIP: 46664MAH4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    320000 | PA      | $316267.26    | 0.20%             | 2065-10-25      | Variable      | 8.15%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                   | FHR 5070 PI                                            | CUSIP: 3137F9Y54<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |     59515 | PA      | $10564.37     | 0.01%             | 2050-08-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NEW RESIDENTIAL MORTGAGE LOAN TRUST 2019-RPL3                                     | NRZT 2019-RPL3 B2                                      | CUSIP: 64830NAH4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    550000 | PA      | $477859.25    | 0.30%             | 2059-07-25      | Variable      | 3.97%                 | No            |                  2 | On Loan: No      |
| RETAINED VANTAGE DATA CENTERS ISSUER LLC                                          | VDCR 2023-1A A2A                                       | CUSIP: 76134KAA2<br>LEI: 254900N4NW6XZ9B4HM15 | Long             | ABS-O            | CORP              | US        |    325000 | PA      | $323418.32    | 0.20%             | 2048-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                   | FHR 5547 ES                                            | CUSIP: 3137HLKW1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    453630 | PA      | $35152.44     | 0.02%             | 2055-06-25      | Floating      | 3.35%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                   | FHR 5152 BI                                            | CUSIP: 3137H3AM4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |     81260 | PA      | $14052.35     | 0.01%             | 2050-07-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FLAGSHIP CREDIT AUTO TRUST 2022-1                                                 | FCAT 2022-1 D                                          | CUSIP: 33845VAG6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    335000 | PA      | $328669.94    | 0.20%             | 2028-03-15      | Fixed         | 3.64%                 | No            |                  2 | On Loan: No      |
| ZAYO ISSUER LLC                                                                   | ZAYO 2025-3A A2                                        | CUSIP: 98919WAN3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    485000 | PA      | $482777.05    | 0.30%             | 2055-10-20      | Fixed         | 5.57%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FNR 2025-31 ZJ                                         | CUSIP: 3136BVZT8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    373162 | PA      | $362043.00    | 0.23%             | 2054-06-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BRIDGECREST LENDING AUTO SECURITIZATION TRUST 2026-1                              | BLAST 2026-1 D                                         | CUSIP: 107927AF2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    375000 | PA      | $372558.00    | 0.23%             | 2031-11-15      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FN MA5020                                              | CUSIP: 31418ESJ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    611819 | PA      | $607190.07    | 0.38%             | 2043-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                             | FNR 2025-103 SA                                        | CUSIP: 3136BX6G4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    815526 | PA      | $49255.49     | 0.03%             | 2055-06-25      | Floating      | 2.18%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                             | FNS 438 C34                                            | CUSIP: 31424UWR3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    613439 | PA      | $139401.09    | 0.09%             | 2053-08-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FN MA4919                                              | CUSIP: 31418EPD6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    680266 | PA      | $686495.96    | 0.43%             | 2053-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2018-173 ZA                                        | CUSIP: 38380MYW5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    386178 | PA      | $289545.68    | 0.18%             | 2060-07-16      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CARMAX SELECT RECEIVABLES TRUST 2025-A                                            | CMXS 2025-A D                                          | CUSIP: 14319UAF7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    305000 | PA      | $310010.69    | 0.19%             | 2031-07-15      | Fixed         | 5.86%                 | No            |                  2 | On Loan: No      |
| HYUNDAI AUTO RECEIVABLES TRUST 2024-B                                             | HART 2024-B C                                          | CUSIP: 44934QAG6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    210000 | PA      | $213559.42    | 0.13%             | 2031-10-15      | Fixed         | 5.29%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                             | FN FS7587                                              | CUSIP: 3140XPND7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     64426 | PA      | $65522.21     | 0.04%             | 2054-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                   | FHR 5472 SB                                            | CUSIP: 3137HHEW7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |   2827773 | PA      | $108018.67    | 0.07%             | 2054-11-25      | Floating      | 1.70%                 | No            |                  2 | On Loan: No      |
| JP MORGAN MORTGAGE TRUST 2021-11                                                  | JPMMT 2021-11 A3                                       | CUSIP: 46654KAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1328621 | PA      | $1099052.79   | 0.69%             | 2052-01-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2021-57 SA                                         | CUSIP: 38382QAD2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |   1579059 | PA      | $196220.60    | 0.12%             | 2051-03-20      | Floating      | 2.52%                 | No            |                  2 | On Loan: No      |
| HUDSON YARDS 2025-SPRL MORTGAGE TRUST                                             | HY 2025-SPRL D                                         | CUSIP: 44855PAG3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    315000 | PA      | $322891.76    | 0.20%             | 2040-01-13      | Variable      | 6.55%                 | No            |                  2 | On Loan: No      |
| CITIGROUP MORTGAGE LOAN TRUST 2025-4                                              | CMLTI 2025-4 A2                                        | CUSIP: 17332NAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    214647 | PA      | $213649.44    | 0.13%             | 2055-10-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT                              | T 3.75 04/30/28                                        | CUSIP: 91282CQL8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    280000 | PA      | $279278.13    | 0.17%             | 2028-04-30      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY CAPITAL TRUST VII                                                  | MSC 2021-230P A                                        | CUSIP: 61772WAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    275000 | PA      | $266406.25    | 0.17%             | 2038-12-15      | Floating      | 4.94%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | CAS 2024-R02 1B1                                       | CUSIP: 20754GAF7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |     65000 | PA      | $65811.30     | 0.04%             | 2044-02-25      | Floating      | 6.15%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2021-1 IT                                          | CUSIP: 38382MV97<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGSE             | US        |    802898 | PA      | $137480.63    | 0.09%             | 2051-01-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CF HIPPOLYTA ISSUER LLC                                                           | SORT 2020-1 A2                                         | CUSIP: 12530MAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    386635 | PA      | $315773.14    | 0.20%             | 2060-07-15      | Fixed         | 1.99%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                   | FG G08831                                              | CUSIP: 3128MJ4R8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     10837 | PA      | $10329.24     | 0.01%             | 2048-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TOWD POINT MORTGAGE TRUST 2018-2                                                  | TPMT 2018-2 B5                                         | CUSIP: 89175VAJ2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1216969 | PA      | $568197.07    | 0.35%             | 2058-03-25      | Variable      | 3.28%                 | No            |                  2 | On Loan: No      |
| GS MORTGAGE SECURITIES TRUST 2014-GC22                                            | GSMS 2014-GC22 B                                       | CUSIP: 36253BAZ6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    175000 | PA      | $136712.29    | 0.09%             | 2047-06-12      | Variable      | 4.37%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2021-98 IN                                         | CUSIP: 38382TM27<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |     73076 | PA      | $13042.01     | 0.01%             | 2051-06-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BRAVO RESIDENTIAL FUNDING TRUST 2024-NQM8                                         | BRAVO 2024-NQM8 A1A                                    | CUSIP: 10571DAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    253125 | PA      | $249268.42    | 0.16%             | 2053-08-01      | Variable      | 4.29%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | CAS 2025-R01 1B1                                       | CUSIP: 20755JAG8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    410000 | PA      | $408208.30    | 0.25%             | 2045-01-25      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FNR 2020-23 PS                                         | CUSIP: 3136B9ET0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |     64575 | PA      | $7432.57      | 0.00%             | 2050-02-25      | Floating      | 2.29%                 | No            |                  2 | On Loan: No      |
| BOFAS RE-REMIC TRUST 2026-FRR8                                                    | BOFAS 2026-FRR8 B746                                   | CUSIP: 05620FBL8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    260000 | PA      | $241625.80    | 0.15%             | 2054-04-27      | Fixed         | 2.49%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2021-96 JS                                         | CUSIP: 38382UYG0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |   1059216 | PA      | $145688.56    | 0.09%             | 2051-06-20      | Floating      | 2.57%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FNR 2021-91 HI                                         | CUSIP: 3136BK4K5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |     96548 | PA      | $11818.02     | 0.01%             | 2052-01-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ROCK TRUST 2024-CNTR                                                              | ROCC 2024-CNTR C                                       | CUSIP: 74970WAE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    315000 | PA      | $325356.60    | 0.20%             | 2041-11-15      | Fixed         | 6.47%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST 2021-DNA5                                           | STACR 2021-DNA5 B2                                     | CUSIP: 35564KJB6<br>LEI: 5493000ISU5NYXNHD479 | Long             | ABS-O            | USGSE             | US        |    220000 | PA      | $266955.13    | 0.17%             | 2034-01-25      | Floating      | 9.15%                 | No            |                  2 | On Loan: No      |
| CF HIPPOLYTA ISSUER LLC                                                           | SORT 2020-1 B1                                         | CUSIP: 12530MAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    422742 | PA      | $259545.00    | 0.16%             | 2060-07-15      | Fixed         | 2.28%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2020-168 IA                                        | CUSIP: 38380REA4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |   2045618 | PA      | $142623.17    | 0.09%             | 2062-12-16      | Variable      | 0.97%                 | No            |                  2 | On Loan: No      |
| GS MORTGAGE SECURITIES TRUST 2014-GC22                                            | GSMS 2014-GC22 AS                                      | CUSIP: 36253BAY9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    395000 | PA      | $374544.17    | 0.23%             | 2047-06-12      | Fixed         | 4.11%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FN MA5353                                              | CUSIP: 31418E5P1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1351353 | PA      | $1359587.61   | 0.85%             | 2054-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST 2022-R04                                      | CAS 2022-R04 1B2                                       | CUSIP: 20753YAL6<br>LEI: N/A                  | Long             | ABS-O            | USGSE             | US        |    300000 | PA      | $320355.00    | 0.20%             | 2042-03-25      | Floating      | 13.15%                | No            |                  2 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                                            | 10-Year T-Note Futures, Jun-2026,ETH                   | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       174 | NC      | $-339169.31   | -0.21%            |  |  |  | No            |                  1 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | G2 MA7706                                              | CUSIP: 36179WR34<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    796945 | PA      | $710375.16    | 0.44%             | 2051-11-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MULTIFAMILY CONNECTICUT AVENUE SECU                                               | MCAS 2025-01 B1                                        | CUSIP: 62549CAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    590000 | PA      | $617162.72    | 0.38%             | 2055-05-25      | Floating      | 8.85%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FN FS3904                                              | CUSIP: 3140XKKS8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     20337 | PA      | $20135.09     | 0.01%             | 2053-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FNR 2019-77 LZ                                         | CUSIP: 3136B7L58<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    171428 | PA      | $149342.26    | 0.09%             | 2050-01-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC STACR TRUST 2019-FTR1                                                 | STACR 2019-FTR1 B2                                     | CUSIP: 35564PAC2<br>LEI: 549300MHCI0CUXMJQS62 | Long             | ABS-O            | USGSE             | US        |    385000 | PA      | $453375.08    | 0.28%             | 2048-01-27      | Floating      | 12.11%                | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FNR 2024-78 EV                                         | CUSIP: 3136BTSF1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    415993 | PA      | $422682.44    | 0.26%             | 2035-10-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MULTIFAMILY CONNECTICUT AVENUE SECURITIES TRUST 2019-01                           | MCAS 2019-01 B10                                       | CUSIP: 62547NAC3<br>LEI: 549300HG8ZEWVWVSN227 | Long             | ABS-O            | CORP              | US        |    435000 | PA      | $442701.07    | 0.28%             | 2049-10-25      | Floating      | 9.26%                 | No            |                  2 | On Loan: No      |
| JP MORGAN MORTGAGE TRUST 2022-1                                                   | JPMMT 2022-1 A3                                        | CUSIP: 46654WAE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    715542 | PA      | $590119.83    | 0.37%             | 2052-07-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                   | FHR 5094 IP                                            | CUSIP: 3137FYQ58<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    459580 | PA      | $73270.21     | 0.05%             | 2051-04-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FNR 2016-57 SN                                         | CUSIP: 3136ATEN0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |     56081 | PA      | $5774.33      | 0.00%             | 2046-06-25      | Floating      | 2.29%                 | No            |                  2 | On Loan: No      |
| CLIP 2026-NQM1 TR                                                                 | CLIP 2026-NQM1 A1                                      | CUSIP: 12570SAE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    425000 | PA      | $424742.24    | 0.26%             | 2071-05-25      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON MUTUAL MORTGAGE PASS-THROUGH CERTIFICATES WMALT SERIES 2005-AR18 TRUST | WAMU 2004-AR8 A1                                       | CUSIP: 92922FTJ7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     70779 | PA      | $71353.13     | 0.04%             | 2044-06-25      | Variable      | 4.63%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FN MA4511                                              | CUSIP: 31418EAM2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2480589 | PA      | $1993527.67   | 1.24%             | 2052-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BANC OF AMERICA ALTERNATIVE LOAN TRUST                                            | BOAA 2005-11 1CB5                                      | CUSIP: 05948KU80<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     36086 | PA      | $33008.28     | 0.02%             | 2035-12-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| JP MORGAN MORTGAGE TRUST 2024-INV1                                                | JPMMT 2024-INV1 A4                                     | CUSIP: 46658PAD4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    391782 | PA      | $392952.88    | 0.25%             | 2055-04-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED COMMUNICATIONS INC                                                   | CNSL 2025-1A A2                                        | CUSIP: 209031AA1<br>LEI: 549300WW675Y48HDVX34 | Long             | ABS-O            | CORP              | US        |    400000 | PA      | $406398.00    | 0.25%             | 2055-05-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GS MORTGAGE SECURITIES CORP TRUST 2012-BWTR                                       | GSMS 2012-BWTR A                                       | CUSIP: 36192RAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    417093 | PA      | $365821.59    | 0.23%             | 2034-11-07      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                   | FR RA1780                                              | CUSIP: 3133KG6R4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     31103 | PA      | $30549.57     | 0.02%             | 2049-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GS MORTGAGE-BACKED SECURITIES TRUST 2020-PJ1                                      | GSMBS 2020-PJ1 A1                                      | CUSIP: 36258FAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    305488 | PA      | $275885.27    | 0.17%             | 2050-05-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| GLS AUTO RECEIVABLES ISSUER TRUST 2024-2                                          | GCAR 2024-2A D                                         | CUSIP: 37964VAF4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    700000 | PA      | $716343.18    | 0.45%             | 2030-02-15      | Fixed         | 6.19%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2023-172 IO                                        | CUSIP: 38381JA72<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |   2236392 | PA      | $198518.03    | 0.12%             | 2066-02-16      | Variable      | 1.33%                 | No            |                  2 | On Loan: No      |
| HILT COMMERCIAL MORTGAGE TRUST 2024-ORL                                           | HILT 2024-ORL D                                        | CUSIP: 403956AG0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $100000.00    | 0.06%             | 2037-05-15      | Floating      | 6.84%                 | No            |                  2 | On Loan: No      |
| CARMAX AUTO OWNER TRUST 2024-3                                                    | CARMX 2024-3 C                                         | CUSIP: 14319GAG6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    485000 | PA      | $491674.13    | 0.31%             | 2030-03-15      | Fixed         | 5.28%                 | No            |                  2 | On Loan: No      |
| HARBORVIEW MORTGAGE LOAN TRUST 2005-4                                             | HVMLT 2005-2 2A1A                                      | CUSIP: 41161PLR2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     61314 | PA      | $59572.29     | 0.04%             | 2035-05-19      | Floating      | 4.22%                 | No            |                  2 | On Loan: No      |
| BOFAS RE-REMIC TRUST 2026-FRR8                                                    | BOFAS 2026-FRR8 C746                                   | CUSIP: 05620FBN4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    190000 | PA      | $176667.59    | 0.11%             | 2054-04-27      | Fixed         | 2.52%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                   | FHR 5205 KI                                            | CUSIP: 3137H67L3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |     53211 | PA      | $5252.30      | 0.00%             | 2048-12-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2021-97 SM                                         | CUSIP: 38382VAW9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    103646 | PA      | $13628.12     | 0.01%             | 2051-06-20      | Floating      | 2.52%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FNR 2021-3 TI                                          | CUSIP: 3136BDR42<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |   1036400 | PA      | $171592.88    | 0.11%             | 2051-02-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BBCMS MORTGAGE TRUST 2024-C24                                                     | BBCMS 2024-C24 AS                                      | CUSIP: 07336VAW1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     70000 | PA      | $72370.77     | 0.05%             | 2057-02-16      | Fixed         | 5.87%                 | No            |                  2 | On Loan: No      |
| CSMC 2021-NQM2 TRUST                                                              | CSMC 2021-NQM2 A2                                      | CUSIP: 12662EAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    377593 | PA      | $340081.15    | 0.21%             | 2066-02-25      | Variable      | 1.38%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                   | FHR 5531 SD                                            | CUSIP: 3137HKSD7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |   1157892 | PA      | $73439.65     | 0.05%             | 2055-04-25      | Floating      | 2.25%                 | No            |                  2 | On Loan: No      |
| MILL CITY MORTGAGE LOAN TRUST 2018-3                                              | MCMLT 2018-3 B2                                        | CUSIP: 59980XAL1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    728447 | PA      | $559956.44    | 0.35%             | 2058-08-25      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | CAS 2024-R03 2M2                                       | CUSIP: 207941AB1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    395000 | PA      | $398578.70    | 0.25%             | 2044-03-25      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| WASHINGTON MUTUAL MORTGAGE PASS-THROUGH CERTIFICATES WMALT SERIES 2005-AR18 TRUST | WAMU 2004-AR12 A2B                                     | CUSIP: 92922FZV3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     49306 | PA      | $48912.69     | 0.03%             | 2044-10-25      | Variable      | 4.71%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2020-96 CS                                         | CUSIP: 38382GK68<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    211573 | PA      | $24745.68     | 0.02%             | 2049-08-20      | Floating      | 2.32%                 | No            |                  2 | On Loan: No      |
| Merrill Lynch Mortgage Investors, Inc.                                            | MLCC 2004-F B1                                         | CUSIP: 59020UNF8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     43736 | PA      | $37814.81     | 0.02%             | 2029-12-25      | Variable      | 4.89%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FN BU1417                                              | CUSIP: 3140M2SF0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     95210 | PA      | $83579.23     | 0.05%             | 2052-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Extended Stay America Trust 2026-ESH2                                             | ESA 2026-ESH2 D                                        | CUSIP: 30227WAG8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    366709 | PA      | $368084.09    | 0.23%             | 2043-02-18      | Floating      | 5.90%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                   | FR SD8256                                              | CUSIP: 3132DWE58<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    505267 | PA      | $475031.03    | 0.30%             | 2052-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FR SD8146                                              | CUSIP: 3132DWBP7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    695235 | PA      | $560881.93    | 0.35%             | 2051-05-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                   | MSCR 2026-MN13 M2                                      | CUSIP: 355921AB3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    200000 | PA      | $200427.70    | 0.12%             | 2046-03-26      | Floating      | 6.60%                 | No            |                  2 | On Loan: No      |
| BXP TRUST 2021-601L                                                               | BXP 2021-601L A                                        | CUSIP: 05607TAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    575000 | PA      | $501634.95    | 0.31%             | 2044-01-15      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                   | FR RA4934                                              | CUSIP: 3133KLPT8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    949084 | PA      | $831944.91    | 0.52%             | 2051-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| VANTAGE DATA CENTERS ISSUER LLC                                                   | VDC 2021-1A A2                                         | CUSIP: 92212KAD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    585000 | PA      | $576766.59    | 0.36%             | 2046-10-15      | Fixed         | 2.17%                 | No            |                  2 | On Loan: No      |
| AGL CLO 17 LTD                                                                    | AGL 2022-17A BR                                        | CUSIP: 00120DAL0<br>LEI: 254900ISUA07JPVCOS18 | Long             | ABS-CBDO         | CORP              | KY        |    400000 | PA      | $399994.40    | 0.25%             | 2035-01-22      | Floating      | 5.07%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2023-59 YC                                         | CUSIP: 38383XXB5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |     61488 | PA      | $67150.41     | 0.04%             | 2051-09-20      | Variable      | 7.09%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                   | FR QA1451                                              | CUSIP: 31334XTG4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     12897 | PA      | $11457.37     | 0.01%             | 2049-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AGATE BAY MORTGAGE TRUST 2015-5                                                   | ABMT 2015-5 B3                                         | CUSIP: 00842BAV9<br>LEI: 549300RM62GNIVQ1WJ04 | Long             | ABS-O            | CORP              | US        |     29480 | PA      | $23394.69     | 0.01%             | 2045-07-25      | Variable      | 3.57%                 | No            |                  2 | On Loan: No      |
| BX TRUST 2018-BILT                                                                | BX 2025-VOLT B                                         | CUSIP: 05619PAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    380000 | PA      | $379525.00    | 0.24%             | 2044-12-15      | Floating      | 5.75%                 | No            |                  2 | On Loan: No      |
| TOWD POINT MORTGAGE TRUST 2025-CRM1                                               | TPMT 2026-1 A1A                                        | CUSIP: 891959AA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    327995 | PA      | $324927.45    | 0.20%             | 2066-01-25      | Variable      | 4.11%                 | No            |                  2 | On Loan: No      |
| Aspire Mortgage Trust 2026-1                                                      | SPIRE 2026-1 A1                                        | CUSIP: 04539FAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    373999 | PA      | $371746.62    | 0.23%             | 2066-01-25      | Variable      | 4.86%                 | No            |                  2 | On Loan: No      |
| ALLY AUTO RECEIVABLES TRUST 2022-3                                                | ABCLN 2024-B G                                         | CUSIP: 02007G4H3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    391093 | PA      | $398059.08    | 0.25%             | 2032-09-15      | Fixed         | 11.39%                | No            |                  2 | On Loan: No      |
| BRIDGECREST LENDING AUTO SECURITIZATION TRUST 2025-2                              | BLAST 2025-2 D                                         | CUSIP: 10807HAF3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    390000 | PA      | $394767.63    | 0.25%             | 2031-03-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| FLAGSHIP CREDIT AUTO TRUST 2021-4                                                 | FCAT 2021-4 C                                          | CUSIP: 33845AAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      2347 | PA      | $2344.41      | 0.00%             | 2027-12-15      | Fixed         | 1.96%                 | No            |                  2 | On Loan: No      |
| SILVER POINT SCF CLO I LTD                                                        | SPCSL 2021-1A A2R                                      | CUSIP: 82809JAE9<br>LEI: 549300JT1NOSMVUW1B50 | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $250782.00    | 0.16%             | 2036-10-15      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FNR 2021-8 ID                                          | CUSIP: 3136BFES8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    872756 | PA      | $186965.58    | 0.12%             | 2051-03-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                   | MSCR 2026-MN13 B1                                      | CUSIP: 355921AC1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    155000 | PA      | $154602.89    | 0.10%             | 2046-03-26      | Floating      | 8.15%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2020-149 IQ                                        | CUSIP: 38382KAZ6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    132294 | PA      | $18826.99     | 0.01%             | 2050-10-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| NAVIENT STUDENT LOAN TRUST 2014-4                                                 | NAVSL 2020-FA A                                        | CUSIP: 63941XAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    187515 | PA      | $177136.67    | 0.11%             | 2069-07-15      | Fixed         | 1.22%                 | No            |                  2 | On Loan: No      |
| PROGRESS RESIDENTIAL 2025-SFR3 TRUST                                              | PROG 2025-SFR3 D                                       | CUSIP: 74334BAG2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    355000 | PA      | $323661.77    | 0.20%             | 2042-07-17      | Fixed         | 3.39%                 | No            |                  2 | On Loan: No      |
| PROVIDENT FUNDING MORTGAGE TRUST 2021-INV1                                        | PFMT 2021-INV1 B2                                      | CUSIP: 74387VAZ2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    583654 | PA      | $498186.39    | 0.31%             | 2051-08-25      | Variable      | 2.78%                 | No            |                  2 | On Loan: No      |
| BENCHMARK 2019-B9 MORTGAGE TRUST                                                  | BMARK 2019-B9 C                                        | CUSIP: 08160JAK3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    300000 | PA      | $264622.29    | 0.16%             | 2052-03-15      | Variable      | 4.97%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                   | FR SD6766                                              | CUSIP: 3132DUQT7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1136592 | PA      | $1148513.77   | 0.72%             | 2054-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fnma Pass-Thru I                                                                  | FN FA2250                                              | CUSIP: 3140W2QC8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    830385 | PA      | $728720.79    | 0.45%             | 2052-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| LAD AUTO RECEIVABLES TRUST 2024-1                                                 | LADAR 2024-1A D                                        | CUSIP: 501689AG8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $102232.19    | 0.06%             | 2031-06-16      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2020-1 YS                                          | CUSIP: 38382CDW8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    114883 | PA      | $798.10       | 0.00%             | 2050-01-20      | Floating      | 0.01%                 | No            |                  2 | On Loan: No      |
| KINETIC ABS ISSUER LLC                                                            | UNITK 2026-1A A2                                       | CUSIP: 49459AAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    395000 | PA      | $393747.18    | 0.25%             | 2056-02-25      | Fixed         | 5.22%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2023-86 SE                                         | CUSIP: 38384A3B7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    669807 | PA      | $100425.09    | 0.06%             | 2050-09-20      | Floating      | 3.01%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2022-1 CF                                          | CUSIP: 38383GSL6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    225220 | PA      | $187376.72    | 0.12%             | 2052-01-20      | Floating      | 2.50%                 | No            |                  2 | On Loan: No      |
| GS MORTGAGE SECURITIES TRUST 2015-GC30                                            | GSMS 2015-GC30 D                                       | CUSIP: 36250GAX3<br>LEI: 549300L45M7638EL0H21 | Long             | ABS-O            | CORP              | US        |   1075000 | PA      | $665973.25    | 0.42%             | 2050-05-12      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| JPMDB COMMERCIAL MORTGAGE SECURITIES TRUST 2017-C7                                | JPMDB 2017-C7 D                                        | CUSIP: 46648KAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $78030.96     | 0.05%             | 2050-10-17      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BENCHMARK 2020-B16 MORTGAGE TRUST                                                 | BMARK 2020-B16 D                                       | CUSIP: 08161NAW7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    545000 | PA      | $414899.78    | 0.26%             | 2053-02-18      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FN BN0340                                              | CUSIP: 3140JGLW3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     11553 | PA      | $11299.48     | 0.01%             | 2048-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CIM TRUST 2021-J2                                                                 | CIM 2021-J2 AIOS                                       | CUSIP: 12564ECM2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1481996 | PA      | $18203.65     | 0.01%             | 2051-04-25      | Variable      | 0.21%                 | No            |                  2 | On Loan: No      |
| HERTZ VEHICLE FINANCING III LLC                                                   | HERTZ 2025-6A D                                        | CUSIP: 42806MDT3<br>LEI: 549300MNOMKDMDFI8J66 | Long             | ABS-O            | CORP              | US        |    515000 | PA      | $514558.75    | 0.32%             | 2032-05-25      | Fixed         | 8.30%                 | No            |                  2 | On Loan: No      |
| BX TRUST 2018-BILT                                                                | BX 2019-OC11 D                                         | CUSIP: 05606FAL7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $473866.60    | 0.30%             | 2041-12-11      | Variable      | 4.08%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FN MA5497                                              | CUSIP: 31418FDB0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    697209 | PA      | $700961.89    | 0.44%             | 2054-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ZAYO ISSUER LLC                                                                   | ZAYO 2025-3A C                                         | CUSIP: 98919WAS2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    470000 | PA      | $488292.45    | 0.30%             | 2055-10-20      | Fixed         | 8.44%                 | No            |                  2 | On Loan: No      |
| GLS Auto Receivables Issuer Trust 2022-1                                          | GCAR 2022-2A E                                         | CUSIP: 36265NAF0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    310000 | PA      | $312003.96    | 0.19%             | 2029-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NEW RESIDENTIAL MORTGAGE LOAN TRUST 2024-RPL1                                     | NRZT 2024-RPL1 B1                                      | CUSIP: 64832AAB3<br>LEI: 213800YID3SS4UZHT817 | Long             | ABS-O            | CORP              | US        |    372000 | PA      | $310190.94    | 0.19%             | 2064-01-25      | Variable      | 3.87%                 | No            |                  2 | On Loan: No      |
| NYT 2019- NYT MORTGAGE TRUST                                                      | NYT 2019-NYT E                                         | CUSIP: 62954PAN0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    683500 | PA      | $601480.00    | 0.38%             | 2035-12-17      | Floating      | 6.20%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FN FS8105                                              | CUSIP: 3140XQAF4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3242851 | PA      | $2606846.81   | 1.63%             | 2052-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                   | FR SD8329                                              | CUSIP: 3132DWHE6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    491689 | PA      | $486795.85    | 0.30%             | 2053-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LAD AUTO RECEIVABLES TRUST 2025-2                                                 | LADAR 2025-2A D                                        | CUSIP: 505912AH8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    380000 | PA      | $378233.27    | 0.24%             | 2032-12-15      | Fixed         | 5.01%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                             | FN FS8206                                              | CUSIP: 3140XQDL8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    504749 | PA      | $513689.37    | 0.32%             | 2054-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| DATABANK ISSUER LLC                                                               | HYPER 2025-1A A2                                       | CUSIP: 23802YAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    160000 | PA      | $157533.38    | 0.10%             | 2055-09-27      | Fixed         | 5.18%                 | No            |                  2 | On Loan: No      |
| JPMDB COMMERCIAL MORTGAGE SECURITIES TRUST 2017-C5                                | JPMDB 2017-C5 B                                        | CUSIP: 46590TAK1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    150000 | PA      | $126004.77    | 0.08%             | 2050-03-17      | Variable      | 4.01%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2024-48 JI                                         | CUSIP: 38384KHH7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    747578 | PA      | $130166.48    | 0.08%             | 2051-07-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| COMM 2020-CX MORTGAGE TRUST                                                       | COMM 2020-CX D                                         | CUSIP: 12656KAJ6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    290000 | PA      | $224339.82    | 0.14%             | 2046-11-10      | Variable      | 2.77%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MSCR TRUST MN8                                                        | MSCR 2024-MN8 M2                                       | CUSIP: 35563RAB1<br>LEI: 529900XKEN78GROIG538 | Long             | ABS-O            | USGSE             | US        |    430000 | PA      | $447130.34    | 0.28%             | 2044-05-25      | Floating      | 7.90%                 | No            |                  2 | On Loan: No      |
| SWITCH ABS ISSUER LLC                                                             | SWTCH 2025-2A B                                        | CUSIP: 871044AY9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    280000 | PA      | $268882.74    | 0.17%             | 2055-10-25      | Fixed         | 6.24%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FN MA4918                                              | CUSIP: 31418EPC8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1338897 | PA      | $1325606.02   | 0.83%             | 2053-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                   | FHR 5471 SK                                            | CUSIP: 3137HHAB7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |   1944914 | PA      | $69896.72     | 0.04%             | 2054-08-25      | Floating      | 1.70%                 | No            |                  2 | On Loan: No      |
| STRUCTURED ASSET INVESTMENT LOAN TRUST 2004-8                                     | SAIL 2004-8 A6                                         | CUSIP: 86358ELQ7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     92979 | PA      | $91261.31     | 0.06%             | 2034-09-25      | Floating      | 4.57%                 | No            |                  2 | On Loan: No      |
| RALI SERIES 2005-QO3 TRUST                                                        | RALI 2005-QO3 A1                                       | CUSIP: 761118KU1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     87007 | PA      | $59720.14     | 0.04%             | 2045-10-25      | Floating      | 4.57%                 | No            |                  2 | On Loan: No      |
| DREYFUS TRSY OBLIG CASH M                                                         | DREYFUS TRSY OBLIG CASH M                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   1695563 | NS      | $1695563.00   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| UBS COMMERCIAL MORTGAGE TRUST 2018-C9                                             | UBSCM 2018-C9 C                                        | CUSIP: 90291JBB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    405000 | PA      | $276140.46    | 0.17%             | 2051-03-17      | Variable      | 5.11%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                   | FHR 5351 DO                                            | CUSIP: 3137HAYG5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |     79651 | PA      | $66570.73     | 0.04%             | 2053-09-25      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FNR 2025-18 SM                                         | CUSIP: 3136BVKJ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    385042 | PA      | $33481.89     | 0.02%             | 2054-09-25      | Floating      | 3.45%                 | No            |                  2 | On Loan: No      |
| OBX 2026-J1 TRUST                                                                 | OBX 2026-J1 AF                                         | CUSIP: 67123TAU1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    375230 | PA      | $375502.25    | 0.23%             | 2056-01-25      | Variable      | 5.01%                 | No            |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST 2018-BIOA                                            | BX 2026-VLT9 D                                         | CUSIP: 05618UAG1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    400000 | PA      | $399125.00    | 0.25%             | 2045-03-15      | Floating      | 6.65%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2022-78 S                                          | CUSIP: 38383P8S3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    128149 | PA      | $2153.89      | 0.00%             | 2052-04-20      | Floating      | 0.06%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2026-R1                                                | VERUS 2026-R1 A1                                       | CUSIP: 924932AC0<br>LEI: 213800IRNLDELLG4XV07 | Long             | ABS-O            | CORP              | US        |    387291 | PA      | $383763.13    | 0.24%             | 2067-10-25      | Variable      | 4.83%                 | No            |                  2 | On Loan: No      |
| BENCHMARK 2020-B17 MORTGAGE TRUST                                                 | BMARK 2020-B17 C                                       | CUSIP: 08162MBD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    910000 | PA      | $689258.02    | 0.43%             | 2053-03-17      | Variable      | 3.37%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                   | FHS 240 PO                                             | CUSIP: 3128HVP78<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     30335 | PA      | $26904.95     | 0.02%             | 2036-07-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2021-177 SB                                        | CUSIP: 38383CFR6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |   4472899 | PA      | $47707.05     | 0.03%             | 2051-10-20      | Floating      | 0.01%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | FNR 2020-63 B                                          | CUSIP: 3136BBB43<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |      7666 | PA      | $6021.13      | 0.00%             | 2050-09-25      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| BFLD COMMERCIAL MORTGAGE TRUST 2025-5MW                                           | BFLD 2025-5MW D                                        | CUSIP: 088921AD3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    575000 | PA      | $583059.02    | 0.36%             | 2042-10-10      | Variable      | 6.37%                 | No            |                  2 | On Loan: No      |
| BMO 2022-C1 MORTGAGE TRUST                                                        | BMO 2022-C1 111A                                       | CUSIP: 05609MCJ2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    550000 | PA      | $523018.93    | 0.33%             | 2055-02-18      | Fixed         | 3.27%                 | No            |                  2 | On Loan: No      |
| NYC COMMERCIAL MORTGAGE TRUST 2021-909                                            | NYC 2025-1155 E                                        | CUSIP: 67122BAF4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    480000 | PA      | $476019.26    | 0.30%             | 2042-06-12      | Variable      | 7.60%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                   | SCRT 2025-1 MTU                                        | CUSIP: 35563PYZ6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |   1378339 | PA      | $1185643.25   | 0.74%             | 2064-11-25      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CARMAX SELECT RECEIVABLES TRUST 2024-A                                            | CMXS 2024-A D                                          | CUSIP: 14319FAG8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    365000 | PA      | $372983.83    | 0.23%             | 2030-12-16      | Fixed         | 6.27%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2023-80 SA                                         | CUSIP: 38384BPQ8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |   1731064 | PA      | $73177.28     | 0.05%             | 2053-06-20      | Floating      | 1.61%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                   | FHR 5326 QO                                            | CUSIP: 3137HAFC5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    406979 | PA      | $272662.71    | 0.17%             | 2050-09-25      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                          | GNR 2021-226 SA                                        | CUSIP: 38383FAC7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |  17730048 | PA      | $45438.57     | 0.03%             | 2051-12-20      | Floating      | 0.01%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                   | FR SD3392                                              | CUSIP: 3132DQXV3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     34990 | PA      | $35398.72     | 0.02%             | 2053-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2022-10 IC                                         | CUSIP: 38383GFG1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |   1032769 | PA      | $124015.57    | 0.08%             | 2051-11-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2021-30 HI                                         | CUSIP: 38382NZZ3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    176243 | PA      | $19238.15     | 0.01%             | 2051-02-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                          | GNR 2022-182 IO                                        | CUSIP: 38383U6A3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    298668 | PA      | $39562.16     | 0.02%             | 2045-10-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| UBS-BARCLAYS COMMERCIAL MORTGAGE TRUST 2012-C4                                    | UBSBB 2013-C5 B                                        | CUSIP: 90270YAG4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    490061 | PA      | $470218.58    | 0.29%             | 2046-03-12      | Variable      | 3.65%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                   | FHR 5167 GI                                            | CUSIP: 3137H3LQ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    919199 | PA      | $151545.32    | 0.09%             | 2051-11-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | CAS 2022-R01 1B2                                       | CUSIP: 20754LAJ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    300000 | PA      | $308367.00    | 0.19%             | 2041-12-26      | Floating      | 9.65%                 | No            |                  2 | On Loan: No      |
| COMM 2013-CCRE6 MORTGAGE TRUST                                                    | COMM 2013-CR6 D                                        | CUSIP: 12624XAV0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    175000 | PA      | $162486.82    | 0.10%             | 2046-03-12      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC STACR TRUST 2019-DNA3                                                 | STACR 2019-DNA3 B2                                     | CUSIP: 35564TBE9<br>LEI: 549300KB1O80CETXGJ21 | Long             | ABS-O            | USGSE             | US        |    360000 | PA      | $397145.34    | 0.25%             | 2049-07-26      | Floating      | 11.91%                | No            |                  2 | On Loan: No      |
| GMF FLOORPLAN OWNER REVOLVING TRUST                                               | GFORT 2023-2 A                                         | CUSIP: 361886CW2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $102111.07    | 0.06%             | 2030-06-17      | Fixed         | 5.34%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP                                                   | FHR 5041 JE                                            | CUSIP: 3137F6XW2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |     73887 | PA      | $60716.94     | 0.04%             | 2049-03-25      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                             | CAS 2022-R08 1B1                                       | CUSIP: 20755DAF3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |     95000 | PA      | $99987.50     | 0.06%             | 2042-07-25      | Floating      | 9.25%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-06-22

**Name of Applicant:** New York Life Investments Active ETF Trust

**Signature:** Adefolahan Oyefeso

**Name of Signer:** Adefolahan Oyefeso

**Title:** Director and Vice President, IndexIQ