# EDGAR Filing Document

**Accession Number:** 0000088525
**File Stem:** 0000940400-26-022561
**Filing Date:** 2026-6
**Character Count:** 604278
**Document Hash:** b3b032e1b3c8a35204522a6c88746d94
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-022561.hdr.sgml**: 20260601

**ACCESSION NUMBER**: 0000940400-26-022561

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260601

**DATE AS OF CHANGE**: 20260601

**PERIOD START**: 20260930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** GUGGENHEIM FUNDS TRUST
- **CENTRAL INDEX KEY:** 0000088525

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-01136
- **FILM NUMBER:** 261048171

**BUSINESS ADDRESS:**
- **STREET 1:** 702 KING FARM BOULEVARD
- **STREET 2:** SUITE 200
- **CITY:** ROCKVILLE
- **STATE:** MD
- **ZIP:** 20850
- **BUSINESS PHONE:** 301-296-5100

**MAIL ADDRESS:**
- **STREET 1:** 702 KING FARM BOULEVARD
- **STREET 2:** SUITE 200
- **CITY:** ROCKVILLE
- **STATE:** MD
- **ZIP:** 20850

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SECURITY EQUITY FUND
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### Guggenheim Core Bond Fund (Series ID: S000043988)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000136517 | A-Class             | SIUSX           |
| C000136519 | C-Class             | SDICX           |
| C000136520 | Institutional Class | GIUSX           |
| C000155968 | P                   | SIUPX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

- **b. Investment Company Act file number:** 811-01136

- **c. CIK number of Registrant:** 0000088525

- **d. LEI of Registrant:** 54930033G24U3UGWK691

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

  - **Street Address 1:** 702 KING FARM BOULEVARD

  - **City:** ROCKVILLE

  - **State:** MD

  - **Foreign country:** US

  - **Zip / Postal Code:** 20850

  - **Telephone number:** 301-296-5100

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

- **a. Name of Series:** Guggenheim Core Bond Fund

- **b. EDGAR series identifier (if any):** S000043988

- **c. LEI of Series:** 549300FTUEDHPYOSV405

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

- **a. Date of fiscal year-end:** 2026-09-30

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $3979035807.43

**Total Liabilities:** $1164584848.62

**Net Assets:** $2814450958.81

**Delayed Delivery Securities:** $4300000.00

**Stand-by Commitments:** $1136778137.74

**Cash Not Reported:** $3077159.23

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 33180.77393930 | **1-Year:** 108690.90096710 | **5-Year:** 449820.77047000 | **10-Year:** 513902.99991210 | **30-Year:** 170342.19184220

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

- **3-Month:** 560.18946880 | **1-Year:** 923.44808920 | **5-Year:** 11066.91409000 | **10-Year:** 3960.65517530 | **30-Year:** 11930.71796430

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000136517 | 0.32%                | 1.54%                | -1.90%               |
| Class ID C000136519 | 0.26%                | 1.48%                | -1.98%               |
| Class ID C000155968 | 0.26%                | 1.53%                | -1.90%               |
| Class ID C000136520 | 0.29%                | 1.56%                | -1.88%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $2949605.13              | $-2927053.43                               |
| Month 2  | $-1426262.28             | $34478424.32                               |
| Month 3  | $-178156.91              | $-63214511.78                              |

**Designated Index Information**

- **Index Name:** Portfolio (ExDerivative)

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                                                                                 | Title                                                                                                                                                  | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| LOANCORE 2025-CRE9 ISSUER LLC                                                        | LNCR 2025-CRE9 B                                                                                                                                       | CUSIP: 538912AE6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    950000 | PA      | $948068.94    | 0.03%             | 2042-08-18      | Floating      | 5.63%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                         | T 3.875 10/15/27                                                                                                                                       | CUSIP: 91282CLQ2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3580000 | PA      | $3582237.50   | 0.13%             | 2027-10-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| BERRY GLOBAL ESCROW CORP                                                             | AMCR 4.875 07/15/26 144A                                                                                                                               | CUSIP: 085770AA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2156000 | PA      | $2156227.50   | 0.08%             | 2026-07-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                             | GNR 2025-1 MT                                                                                                                                          | CUSIP: 38385CQG6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |   1557573 | PA      | $1545671.91   | 0.05%             | 2055-01-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SERVICE EXPERTS ISSUER 2025-1 LLC                                                    | SE 2025-1A A                                                                                                                                           | CUSIP: 81758JAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1159377 | PA      | $1154275.95   | 0.04%             | 2037-01-20      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                                                    | WFC V6.85 PERP                                                                                                                                         | CUSIP: 95002YAC7<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    850000 | PA      | $881114.25    | 0.03%             | N/A             | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| NRG Energy, Inc.                                                                     | NRG 7 03/15/33 144A                                                                                                                                    | CUSIP: 629377CT7<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    480000 | PA      | $519643.20    | 0.02%             | 2033-03-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| BLUE OWL GP STAKES V A-2 B                                                           | BLUE OWL GP STAKES V A-2 B                                                                                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2505000 | PA      | $2573917.05   | 0.09%             | 2043-08-22      | Fixed         | 7.21%                 | No            |                  3 | On Loan: No      |
| Honeywell Aerospace Inc.                                                             | HONA 5.622 03/16/46 144A                                                                                                                               | CUSIP: 43849RAH8<br>LEI: 213800ZUAQRBYL67JS90 | Long             | DBT              | CORP              | US        |   1360000 | PA      | $1340239.31   | 0.05%             | 2046-03-16      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| SONIC CAPITAL LLC                                                                    | SONIC 2020-1A A2I                                                                                                                                      | CUSIP: 83546DAG3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2147979 | PA      | $2126823.94   | 0.08%             | 2050-01-20      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Aetna, Inc.                                                                          | AET 6.75 12/15/37                                                                                                                                      | CUSIP: 00817YAG3<br>LEI: 549300QKBENKLBXQ8968 | Long             | DBT              | CORP              | US        |    950000 | PA      | $1026469.63   | 0.04%             | 2037-12-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Sovereign ComlMtg                                                                    | SGCMS 2016-C5 XA                                                                                                                                       | CUSIP: 78419CAG9<br>LEI: 549300SZQW4U3UN4A157 | Long             | ABS-O            | CORP              | US        |   5450601 | PA      | $3783.26      | 0.00%             | 2048-10-13      | Variable      | 1.76%                 | No            |                  2 | On Loan: No      |
| Loews Corporation                                                                    | L 4.94 04/01/36                                                                                                                                        | CUSIP: 540424AU2<br>LEI: R8V1FN4M5ITGZOG7BS19 | Long             | DBT              | CORP              | US        |   1690000 | PA      | $1653846.37   | 0.06%             | 2036-04-01      | Fixed         | 4.94%                 | No            |                  2 | On Loan: No      |
| BARCLAYS MORTGAGE LOAN TRUST 2026-CES1                                               | BARC 2026-CES1 A1B                                                                                                                                     | CUSIP: 06690CAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1029858 | PA      | $1012901.50   | 0.04%             | 2056-01-25      | Variable      | 5.05%                 | No            |                  2 | On Loan: No      |
| NEW RESIDENTIAL MORTGAGE LOAN TRUST 2025-NQM3                                        | NRZT 2025-NQM3 A1                                                                                                                                      | CUSIP: 64832CAC7<br>LEI: 2138002D8CMDYG7QOU84 | Long             | ABS-O            | CORP              | US        |   1103080 | PA      | $1108439.25   | 0.04%             | 2065-05-25      | Variable      | 5.53%                 | No            |                  2 | On Loan: No      |
| Brookfield Finance Inc.                                                              | BNCN 4.7 09/20/47                                                                                                                                      | CUSIP: 11271LAB8<br>LEI: 549300XH8D8K6OYWGD17 | Long             | DBT              | CORP              | CA        |    650000 | PA      | $539923.53    | 0.02%             | 2047-09-20      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| VICI Properties LP                                                                   | VICI 5.625 04/01/35                                                                                                                                    | CUSIP: 925650AK9<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              | CORP              | US        |   1550000 | PA      | $1542766.46   | 0.05%             | 2035-04-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| SoftBank Corp                                                                        | SOBKCO 5.332 07/09/35 144A                                                                                                                             | CUSIP: 83405KAB8<br>LEI: 353800M1YCTS9JRBJ535 | Long             | DBT              | CORP              | JP        |   2600000 | PA      | $2558862.25   | 0.09%             | 2035-07-09      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| SUBWAY FUNDING LLC                                                                   | SUBWAY 2024-3A A23                                                                                                                                     | CUSIP: 864300AL2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2715625 | PA      | $2644983.72   | 0.09%             | 2054-07-30      | Fixed         | 5.91%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                         | T 4.125 10/31/31                                                                                                                                       | CUSIP: 91282CLU3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  21000000 | PA      | $21109921.98  | 0.75%             | 2031-10-31      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| PERSHING SQUARE SPARC HOLDINGS LTD                                                   | Pershing Square Sparc Hldgs Ltd SPECIAL PURPOSE ACQUISITION RIGHTS                                                                                     | CUSIP: 714920113<br>LEI: 5493000J0QXAU1Z8FB80 | Long             | EC               | CORP              | US        |    190327 | NS      | $19.03        | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                                            | SWOP IRS USD                                                                                                                                           | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | N/A              | DIR              | CORP              | CA        | -18250000 | NC      | $-16641.84    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| TEXTAINER MARINE CONTAINERS VII LTD                                                  | TMCL 2021-3A A                                                                                                                                         | CUSIP: 88315LAS7<br>LEI: 549300X48KLHDDGPK024 | Long             | ABS-O            | CORP              | BM        |   1266667 | PA      | $1125005.20   | 0.04%             | 2046-08-20      | Fixed         | 1.94%                 | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                                                                    | SWOP IRS USD                                                                                                                                           | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DIR              | CORP              | GB        |  23993000 | NC      | $131383.85    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CERBERUS LOAN FUNDING XXXII LP                                                       | CERB 2021-2A A                                                                                                                                         | CUSIP: 15674LAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3574244 | PA      | $3577103.86   | 0.13%             | 2033-04-22      | Floating      | 5.55%                 | No            |                  2 | On Loan: No      |
| Prudential Financial, Inc.                                                           | PRU V3.7 10/01/50                                                                                                                                      | CUSIP: 744320BH4<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |   1160000 | PA      | $1053784.72   | 0.04%             | 2050-10-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                                            | SWOP IRS USD                                                                                                                                           | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | N/A              | DIR              | CORP              | CA        | -18862000 | NC      | $-55238.53    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| VB-S1 ISSUER LLC                                                                     | VBTEL 2024-1A D                                                                                                                                        | CUSIP: 91823ABE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1250000 | PA      | $1269181.00   | 0.05%             | 2054-05-15      | Fixed         | 6.64%                 | No            |                  2 | On Loan: No      |
| Sodexo Inc                                                                           | SWFP 5.8 08/15/35 144A                                                                                                                                 | CUSIP: 833794AD2<br>LEI: 549300WSZGQGJQXRFU84 | Long             | DBT              | CORP              | US        |    850000 | PA      | $868278.39    | 0.03%             | 2035-08-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY CAPITAL SERVICES LLC                                                  | SWOP IRS USD                                                                                                                                           | CUSIP: 000000000<br>LEI: I7331LVCZKQKX5T7XV54 | N/A              | DIR              | CORP              | US        | -20303000 | NC      | $-46193.49    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Mc 2021-1 Ltd                                                                        | MACON 2021-1 A                                                                                                                                         | CUSIP: 55283YAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | BM        |   2239919 | PA      | $2112726.44   | 0.08%             | 2035-11-05      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| BSPRT 2026-FL13 ISSUER LLC                                                           | BSPRT 2026-FL13 B                                                                                                                                      | CUSIP: 05620GAE3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   4300000 | PA      | $4300000.00   | 0.15%             | 2043-10-19      | Floating      | 5.65%                 | No            |                  2 | On Loan: No      |
| OBX 2024-NQM4 TRUST                                                                  | OBX 2024-NQM4 A2                                                                                                                                       | CUSIP: 67118TAB0<br>LEI: 254900LSNFNEGAD7J679 | Long             | ABS-O            | CORP              | US        |   1575503 | PA      | $1582513.16   | 0.06%             | 2064-01-25      | Variable      | 6.22%                 | No            |                  2 | On Loan: No      |
| MILL CITY SECURITIES 2024-RS2 LTD                                                    | MCMLT 2024-RS2 A1                                                                                                                                      | CUSIP: 59982DAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   1492156 | PA      | $1415292.35   | 0.05%             | 2069-08-01      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Flowserve Corporation                                                                | FLS 2.8 01/15/32                                                                                                                                       | CUSIP: 34355JAB4<br>LEI: 6Y0GK87T6V7NJKZJVM41 | Long             | DBT              | CORP              | US        |    317000 | PA      | $279819.24    | 0.01%             | 2032-01-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| DnB Bank ASA                                                                         | DNBNO F 11/05/30 144A                                                                                                                                  | CUSIP: 23341CAG8<br>LEI: 549300GKFG0RYRRQ1414 | Long             | DBT              | CORP              | NO        |   1000000 | PA      | $1005340.22   | 0.04%             | 2030-11-05      | Floating      | 4.69%                 | No            |                  2 | On Loan: No      |
| Public Service Company of Colorado                                                   | XEL 5.15 09/15/35                                                                                                                                      | CUSIP: 744448DC2<br>LEI: 5BANEF6PGSEK0SNMQF44 | Long             | DBT              | CORP              | US        |   1050000 | PA      | $1046543.46   | 0.04%             | 2035-09-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| DYAL III SERIES A ISSUER B                                                           | DYAL III SERIES A ISSUER B                                                                                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    638631 | PA      | $607700.82    | 0.02%             | 2040-06-15      | Fixed         | 4.40%                 | No            |                  3 | On Loan: No      |
| CERBERUS LOAN FUNDING 52 LLC                                                         | CERB 2025-3A A                                                                                                                                         | CUSIP: 15675MAA1<br>LEI: 635400AJWCPT3PXIDY25 | Long             | ABS-CBDO         | CORP              | US        |   2900000 | PA      | $2898786.35   | 0.10%             | 2037-10-15      | Variable      | 5.19%                 | No            |                  2 | On Loan: No      |
| RLI Corp                                                                             | RLI 5.375 06/01/36 .                                                                                                                                   | CUSIP: 749607AD9<br>LEI: 529900AMTJE5ECN9PS55 | Long             | DBT              | CORP              | US        |   1700000 | PA      | $1636400.96   | 0.06%             | 2036-06-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| GMAC Commercial Military Housing Trust XVIII                                         | GMACN 2007-HCKM A                                                                                                                                      | CUSIP: 36186YAF2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1371199 | PA      | $1316131.01   | 0.05%             | 2052-08-10      | Fixed         | 6.11%                 | No            |                  3 | On Loan: No      |
| Federal National Mortgage Association                                                | FNR 2025-68 CA                                                                                                                                         | CUSIP: 3136BWL61<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |   2350050 | PA      | $2338679.69   | 0.08%             | 2053-01-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PRPM 2023-RCF1 LLC                                                                   | PRPM 2023-RCF1 A1                                                                                                                                      | CUSIP: 69381AAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    564144 | PA      | $558126.99    | 0.02%             | 2053-06-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| STOLTHAVEN HOUSTON INC                                                               | STOLTHAVEN HOUSTON INC                                                                                                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1940000 | PA      | $1952925.31   | 0.07%             | 2034-07-17      | Fixed         | 5.98%                 | No            |                  3 | On Loan: No      |
| TOWD POINT MORTGAGE TRUST 2026-CES1                                                  | TPMT 2026-CES1 A2                                                                                                                                      | CUSIP: 89190LAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4500000 | PA      | $4471823.25   | 0.16%             | 2066-01-25      | Variable      | 5.32%                 | No            |                  2 | On Loan: No      |
| Telenet Finance Luxembourg Notes S.A.R.L                                             | TNETBB 5.5 03/01/28 144A                                                                                                                               | CUSIP: 000000000<br>LEI: 2138007RI9GLJPCC3E25 | Long             | DBT              | CORP              | LU        |    200000 | PA      | $196264.00    | 0.01%             | 2028-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AITX FINCO LLC                                                                       | AITX FINCO LLC                                                                                                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2400000 | PA      | $2390626.45   | 0.08%             | 2030-10-23      | Fixed         | 5.38%                 | No            |                  3 | On Loan: No      |
| ARBYS FUNDING LLC                                                                    | ARBYS 2020-1A A2                                                                                                                                       | CUSIP: 038779AB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6378750 | PA      | $6223138.48   | 0.22%             | 2050-07-30      | Fixed         | 3.24%                 | No            |                  2 | On Loan: No      |
| Oneok Inc.                                                                           | OKE 3.95 03/01/50                                                                                                                                      | CUSIP: 682680CA9<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    850000 | PA      | $602306.86    | 0.02%             | 2050-03-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Boston Gas Company                                                                   | NGGLN 5.843 01/10/35 144A                                                                                                                              | CUSIP: 100743AP8<br>LEI: FN7P4E7K9JOBORDEUX61 | Long             | DBT              | CORP              | US        |    550000 | PA      | $575507.98    | 0.02%             | 2035-01-10      | Fixed         | 5.84%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                                       | C V5.827 02/13/35                                                                                                                                      | CUSIP: 172967PG0<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   4900000 | PA      | $4964374.98   | 0.18%             | 2035-02-13      | Fixed         | 5.83%                 | No            |                  2 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION                                                     | VIX E 2026-05-19 PUT 19                                                                                                                                | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               | CORP              | US        |     -1062 | NC      | $-74340.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| TRTX 2025-FL7 ISSUER LTD                                                             | TRTX 2025-FL7 AS                                                                                                                                       | CUSIP: 87277LAC0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1800000 | PA      | $1791710.82   | 0.06%             | 2043-06-18      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| Safehold GL Holdings LLC                                                             | SAFE 5.65 01/15/35                                                                                                                                     | CUSIP: 785931AB2<br>LEI: 54930012UY5Z4Q8NL108 | Long             | DBT              | CORP              | US        |    284000 | PA      | $287219.13    | 0.01%             | 2035-01-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Henneman Trust                                                                       | GL 6.58 05/15/55 144A                                                                                                                                  | CUSIP: 425911AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2100000 | PA      | $2109844.80   | 0.07%             | 2055-05-15      | Fixed         | 6.58%                 | No            |                  2 | On Loan: No      |
| Greensaif Pipelines Bidco S.a r.l.                                                   | GASBCM 6.1027 08/23/42 144A                                                                                                                            | CUSIP: 39541EAE3<br>LEI: 549300YWDGUXPB8GRP47 | Long             | DBT              | CORP              | LU        |    800000 | PA      | $795209.65    | 0.03%             | 2042-08-23      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Israel (State Of)                                                                    | ISRAEL 5.375 02/19/30 5Y                                                                                                                               | CUSIP: 46514Y8A8<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |    750000 | PA      | $760995.12    | 0.03%             | 2030-02-19      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| ING Groep N.V.                                                                       | INTNED V5.525 03/25/36                                                                                                                                 | CUSIP: 456837BS1<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $202328.16    | 0.01%             | 2036-03-25      | Fixed         | 5.53%                 | No            |                  2 | On Loan: No      |
| TOWD POINT MORTGAGE TRUST 2025-1                                                     | TPMT 2025-1 A1B                                                                                                                                        | CUSIP: 89190KAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1225111 | PA      | $1213981.48   | 0.04%             | 2065-06-25      | Variable      | 4.81%                 | No            |                  2 | On Loan: No      |
| AGL CLO 42 LTD /LLC                                                                  | AGL 2025-42A B                                                                                                                                         | CUSIP: 00791YAE8<br>LEI: 254900AMSJHVKQ5QFA09 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $999645.80    | 0.04%             | 2038-07-22      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                                       | C V4.503 09/11/31                                                                                                                                      | CUSIP: 172967QF1<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   1050000 | PA      | $1038065.73   | 0.04%             | 2031-09-11      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FS KKR Capital Corp                                                                  | FSK 2.625 01/15/27                                                                                                                                     | CUSIP: 302635AH0<br>LEI: 549300TYRSI1T21B1360 | Long             | DBT              | CORP              | US        |   1182000 | PA      | $1147112.97   | 0.04%             | 2027-01-15      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| AITX FINCO LLC                                                                       | AITX FINCO LLC                                                                                                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2700000 | PA      | $2687722.05   | 0.10%             | 2032-10-23      | Fixed         | 5.67%                 | No            |                  3 | On Loan: No      |
| Protective Life Corp.                                                                | PROTLI 4.7 01/15/31 144A                                                                                                                               | CUSIP: 743674BF9<br>LEI: 549300ZWIT8J8Y2EXL07 | Long             | DBT              | CORP              | US        |   1070000 | PA      | $1059691.15   | 0.04%             | 2031-01-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Pacific Beacon Llc                                                                   | PACBEA 5.508 07/15/36                                                                                                                                  | CUSIP: 69403WAC1<br>LEI: 549300RDBP3BJOLTTC39 | Long             | DBT              | CORP              | US        |   2900000 | PA      | $2854279.76   | 0.10%             | 2036-07-15      | Fixed         | 5.51%                 | No            |                  2 | On Loan: No      |
| Walker & Dunlop                                                                      | Walker & Dunlop Term Loan B 200 2032-03-01                                                                                                             | CUSIP: 93148QAK6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2828625 | PA      | $2825089.22   | 0.10%             | 2032-03-15      | Floating      | 5.67%                 | No            |                  3 | On Loan: No      |
| NYMT LOAN TRUST 2025-CP1                                                             | NYMT 2025-CP1 A2                                                                                                                                       | CUSIP: 67121VAB0<br>LEI: 254900JF85A0S614L988 | Long             | ABS-O            | CORP              | US        |   4400000 | PA      | $4111526.76   | 0.15%             | 2069-11-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                         | T 4.25 08/15/35                                                                                                                                        | CUSIP: 91282CNT4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5500000 | PA      | $5479375.00   | 0.19%             | 2035-08-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MetLife Inc.                                                                         | MET V6.35 03/15/55 G                                                                                                                                   | CUSIP: 59156RCQ9<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |   2350000 | PA      | $2384664.85   | 0.08%             | 2055-03-15      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| Foundation Finance Trust 2024-1                                                      | FFIN 2024-1A B                                                                                                                                         | CUSIP: 349941AB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1648937 | PA      | $1685636.39   | 0.06%             | 2049-12-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| ARCHWEST 2025-RTL1                                                                   | ARCHW 2025-RTL1 A1                                                                                                                                     | CUSIP: 039966AA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2650000 | PA      | $2644299.06   | 0.09%             | 2040-10-25      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Reinsurance Group of America, Incorporated                                           | RGA 5.75 09/15/34                                                                                                                                      | CUSIP: 759351AS8<br>LEI: LORM1GNEU1DKEW527V90 | Long             | DBT              | CORP              | US        |   1750000 | PA      | $1777683.83   | 0.06%             | 2034-09-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BX TRUST 2024-VLT4                                                                   | BX 2024-VLT4 C                                                                                                                                         | CUSIP: 05612TAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1700000 | PA      | $1686718.75   | 0.06%             | 2041-06-17      | Floating      | 5.81%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                                          | IL ILS 5.65 12/01/2038                                                                                                                                 | CUSIP: 452152ZB0<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    361111 | PA      | $372061.82    | 0.01%             | 2038-12-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. INTERNATIONAL PLC                                               | SWOP IRS USD                                                                                                                                           | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DIR              | CORP              | GB        | -43186000 | NC      | $-164378.06   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD                               | FHR 5571 BA                                                                                                                                            | CUSIP: 3137HMEB2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |   4193444 | PA      | $4203601.91   | 0.15%             | 2051-10-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CERBERUS LOAN FUNDING 53 LLC                                                         | CERB 2025-4A C                                                                                                                                         | CUSIP: 15674YAE8<br>LEI: 635400YQBXB1DKX6JK08 | Long             | ABS-CBDO         | CORP              | US        |   1100000 | PA      | $1093354.57   | 0.04%             | 2038-01-15      | Floating      | 5.68%                 | No            |                  2 | On Loan: No      |
| CSMC 2020-NQM1 TRUST                                                                 | CSMC 2020-NQM1 A3                                                                                                                                      | CUSIP: 126401AC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     92449 | PA      | $88221.01     | 0.00%             | 2065-05-25      | Variable      | 2.72%                 | No            |                  3 | On Loan: No      |
| TRTX 2025-FL6 ISSUER LTD                                                             | TRTX 2025-FL6 A                                                                                                                                        | CUSIP: 897764AA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4200000 | PA      | $4196443.02   | 0.15%             | 2042-09-18      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| FIGRE TRUST 2023-HE1                                                                 | FIGRE 2024-HE3 B                                                                                                                                       | CUSIP: 31684GAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    832234 | PA      | $843342.73    | 0.03%             | 2054-07-25      | Variable      | 6.13%                 | No            |                  2 | On Loan: No      |
| CERBERUS LOAN FUNDING XXXII LP                                                       | CERB 2021-2A C                                                                                                                                         | CUSIP: 15674LAE6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1250000 | PA      | $1246032.50   | 0.04%             | 2033-04-22      | Floating      | 6.78%                 | No            |                  2 | On Loan: No      |
| Ares XXVII CLO Ltd / Ares XXVII CLO LLC                                              | ARES 2013-2A CR3                                                                                                                                       | CUSIP: 00190YBT1<br>LEI: 549300BC3E2Y44TL8536 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $998408.40    | 0.04%             | 2034-10-30      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.                                                     | Options on Three-Month SOFR Futures                                                                                                                    | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              | CORP              | US        |     -1154 | NC      | $-201950.00   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| GLP Capital L.P. and GLP Financing II, Inc.                                          | GLPI 5.625 03/01/36                                                                                                                                    | CUSIP: 361841AX7<br>LEI: 2549005PXW31DRW8EC44 | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1361637.48   | 0.05%             | 2036-03-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Cushman & Wakefield U S Borrower LLC                                                 | CWK 6.75 05/15/28 144A                                                                                                                                 | CUSIP: 23166MAA1<br>LEI: 549300870CMN3WI5IF97 | Long             | DBT              | CORP              | US        |    296000 | PA      | $296427.36    | 0.01%             | 2028-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                                | FNR 2013-124 PO                                                                                                                                        | CUSIP: 3136AHGP9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    525609 | PA      | $397001.53    | 0.01%             | 2043-12-25      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                                                       | BNP V4.916 01/15/34 144A                                                                                                                               | CUSIP: 09659W3E2<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |   2760000 | PA      | $2698785.63   | 0.10%             | 2034-01-15      | Fixed         | 4.92%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD                               | FHR 5554 A                                                                                                                                             | CUSIP: 3137HMA67<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |   1058612 | PA      | $1065606.33   | 0.04%             | 2053-04-25      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE SA                                                                   | ACAFP V5.222 05/27/31 144a                                                                                                                             | CUSIP: 22535WAR8<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |    400000 | PA      | $404858.74    | 0.01%             | 2031-05-27      | Fixed         | 5.22%                 | No            |                  2 | On Loan: No      |
| MASTR ADJUSTABLE RATE MORTGAGES TRUST 2003-5                                         | MARM 2003-5 4A1                                                                                                                                        | CUSIP: 576433FG6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    181936 | PA      | $163923.79    | 0.01%             | 2033-11-25      | Variable      | 2.62%                 | No            |                  3 | On Loan: No      |
| NAVIGATOR AIRCRAFT ABS LTD                                                           | NAVTR 2021-1 A                                                                                                                                         | CUSIP: 63943BAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   3334798 | PA      | $3163050.76   | 0.11%             | 2046-11-15      | Fixed         | 2.77%                 | No            |                  2 | On Loan: No      |
| Carlyle Group Inc                                                                    | CG 5.05 09/19/35                                                                                                                                       | CUSIP: 14316JAA6<br>LEI: 529900NGGVF94UK6PG95 | Long             | DBT              | CORP              | US        |   3630000 | PA      | $3502381.33   | 0.12%             | 2035-09-19      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust 2019-6                                           | NRZT 2019-6A A1B                                                                                                                                       | CUSIP: 64828GAD2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    284632 | PA      | $268043.51    | 0.01%             | 2059-09-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| JP MORGAN MORTGAGE TRUST 2021-12                                                     | JPMMT 2021-12 A6                                                                                                                                       | CUSIP: 46592WAN6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6083678 | PA      | $5694704.32   | 0.20%             | 2052-02-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                         | T 3.625 12/31/30                                                                                                                                       | CUSIP: 91282CPR6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  50000000 | PA      | $49320312.50  | 1.75%             | 2030-12-31      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust 2016-Ubs11                                            | MSC 2016-UB11 XA                                                                                                                                       | CUSIP: 61767FBB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3874588 | PA      | $1884.21      | 0.00%             | 2049-08-17      | Variable      | 1.39%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FNMA-30YR                                                                                                                                              | CUSIP: 01F050668<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        | 132627213 | PA      | $130512648.48 | 4.64%             | 2056-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.                                          | 5-Year T-Note Futures, Jun-2026,ETH                                                                                                                    | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       318 | NC      | $-26903.08    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| HLEND CLO 2026-5 LLC                                                                 | HLEND 2026-5A B                                                                                                                                        | CUSIP: 403967AE2<br>LEI: 529900N6JRXPABMGOA33 | Long             | ABS-CBDO         | CORP              | US        |   1150000 | PA      | $1147697.24   | 0.04%             | 2039-04-15      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| CNO Financial Group, Inc.                                                            | CNO Financial Group, Inc. 5.125% SUBORDINATED DEBENTURES DUE NOVEMBER 25, 2060                                                                         | CUSIP: 12621E301<br>LEI: 11XPYHB76MPM4Y4P2897 | Long             | EP               | CORP              | US        |     47725 | NS      | $857618.25    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| RCKT MORTGAGE TRUST 2024-CES4                                                        | RCKT 2024-CES4 A1A                                                                                                                                     | CUSIP: 74939FAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1626808 | PA      | $1637972.93   | 0.06%             | 2044-06-25      | Variable      | 6.15%                 | No            |                  2 | On Loan: No      |
| Minera Mexico S A De C V                                                             | SCCOMX 5.625 02/12/32 144A                                                                                                                             | CUSIP: 60284MAC6<br>LEI: 2549005BMA2EK49I0T98 | Long             | DBT              | CORP              | MX        |   1030000 | PA      | $1040506.00   | 0.04%             | 2032-02-12      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| WEIR GROUP PLC (THE)                                                                 | WEIRLN 5.35 05/06/30 144A                                                                                                                              | CUSIP: 94877DAA2<br>LEI: 549300KDR56WHY9I3D10 | Long             | DBT              | CORP              | GB        |    470000 | PA      | $476229.03    | 0.02%             | 2030-05-06      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| OBX 2024-NQM7 TRUST                                                                  | OBX 2024-NQM7 A1                                                                                                                                       | CUSIP: 67119FAA1<br>LEI: 254900FVMB3WTXJGGR91 | Long             | ABS-O            | CORP              | US        |    534211 | PA      | $538381.70    | 0.02%             | 2064-03-25      | Variable      | 6.24%                 | No            |                  2 | On Loan: No      |
| Citadel Enterprise                                                                   | Citadel Enterprise Term Loan B 200 2031-10-01                                                                                                          | CUSIP: 17288YAN2<br>LEI: 549300NV5RXBUS3X7L47 | Long             | LON              | CORP              | US        |   5162199 | PA      | $5165089.58   | 0.18%             | 2031-10-31      | Floating      | 5.70%                 | No            |                  2 | On Loan: No      |
| Bravo Residential Funding Trust 2025-Ces1                                            | BRAVO 2025-CES1 A1A                                                                                                                                    | CUSIP: 10569PAA4<br>LEI: 254900AZU85EXAPTTF77 | Long             | ABS-O            | CORP              | US        |   1746415 | PA      | $1756239.58   | 0.06%             | 2055-02-25      | Variable      | 5.70%                 | No            |                  2 | On Loan: No      |
| Altice France SAS                                                                    | SFRFP 6.5 10/15/31 144A                                                                                                                                | CUSIP: 02090DAC2<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |    190549 | PA      | $180709.43    | 0.01%             | 2031-10-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Hyatt Hotels Corporation                                                             | H 5.75 03/30/32                                                                                                                                        | CUSIP: 448579AV4<br>LEI: T27JQIMTYSH41TCD5186 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1027409.02   | 0.04%             | 2032-03-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NTT Finance Corp                                                                     | NTT 5.502 07/16/35 144A                                                                                                                                | CUSIP: 62954WAV7<br>LEI: 3538007PR116187GD960 | Long             | DBT              | CORP              | JP        |    550000 | PA      | $557826.31    | 0.02%             | 2035-07-16      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| HOMESTEAD SPE ISSUER LLC                                                             | HOMESTEAD SPE ISSUER LLC                                                                                                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5060101.56   | 0.18%             | 2055-04-01      | Fixed         | 7.21%                 | No            |                  3 | On Loan: No      |
| ARES LV CLO LTD                                                                      | ARES 2020-56A CR2                                                                                                                                      | CUSIP: 04018NBC4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1400000 | PA      | $1401751.54   | 0.05%             | 2038-01-25      | Floating      | 5.57%                 | No            |                  2 | On Loan: No      |
| Southwestern Public Service Company                                                  | XEL 3.7 08/15/47                                                                                                                                       | CUSIP: 845743BR3<br>LEI: OL6FE7QD5EQ3DOYEO258 | Long             | DBT              | CORP              | US        |   2450000 | PA      | $1801125.93   | 0.06%             | 2047-08-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| BSPRT 2025-FL12 ISSUER LLC                                                           | BSPRT 2025-FL12 AS                                                                                                                                     | CUSIP: 05619BAC1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1200000 | PA      | $1197205.32   | 0.04%             | 2043-01-17      | Floating      | 5.33%                 | No            |                  2 | On Loan: No      |
| Vodafone Group PLC                                                                   | VOD V4.125 06/04/81                                                                                                                                    | CUSIP: 92857WBW9<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |   2550000 | PA      | $2334045.35   | 0.08%             | 2081-06-04      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                                          | SWOP IRS USD                                                                                                                                           | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DIR              | CORP              | FR        |  20304000 | NC      | $139793.43    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FN FS8457                                                                                                                                              | CUSIP: 3140XQMF1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   8584972 | PA      | $8737614.12   | 0.31%             | 2054-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NEW RESIDENTIAL MORTGAGE LOAN TRUST 2024-NQM2                                        | NRZT 2024-NQM2 A2                                                                                                                                      | CUSIP: 64832BAD7<br>LEI: 213800Z6O4V4V96AU133 | Long             | ABS-O            | CORP              | US        |   1160570 | PA      | $1155169.60   | 0.04%             | 2064-09-25      | Variable      | 5.37%                 | No            |                  2 | On Loan: No      |
| AP GRANGE HOLDINGS                                                                   | AP GRANGE HOLDINGS                                                                                                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |  12900000 | PA      | $13545000.00  | 0.48%             | 2045-03-20      | Fixed         | 6.50%                 | No            |                  3 | On Loan: No      |
| Pine Street Trust III                                                                | EQH 6.223 05/15/54                                                                                                                                     | CUSIP: 72284KAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    960000 | PA      | $958568.77    | 0.03%             | 2054-05-15      | Fixed         | 6.22%                 | No            |                  2 | On Loan: No      |
| SWITCH ABS ISSUER LLC 2024-1                                                         | SWTCH 2024-1A A2                                                                                                                                       | CUSIP: 871044AA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    800000 | PA      | $807511.52    | 0.03%             | 2054-03-25      | Fixed         | 6.28%                 | No            |                  2 | On Loan: No      |
| Argentum Netherlands B.V.                                                            | SRENVX V5.625 08/15/52                                                                                                                                 | CUSIP: 000000000<br>LEI: 724500RPEZI5VVQQWE89 | Long             | DBT              | CORP              | NL        |   4350000 | PA      | $4355727.04   | 0.15%             | 2052-08-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| LVNV 7.80 10/26/28                                                                   | LVNV 7.80 10/26/28                                                                                                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2900000 | PA      | $3010895.77   | 0.11%             | 2028-11-05      | Fixed         | 7.80%                 | No            |                  3 | On Loan: No      |
| MPLX LP                                                                              | MPLX 6.2 09/15/55                                                                                                                                      | CUSIP: 55336VCD0<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1776471.26   | 0.06%             | 2055-09-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| TEXTAINER MARINE CONTAINERS VII LTD                                                  | TMCL 2020-1A A                                                                                                                                         | CUSIP: 88315LAE8<br>LEI: 549300X48KLHDDGPK024 | Long             | ABS-O            | CORP              | BM        |   1672479 | PA      | $1612263.92   | 0.06%             | 2045-08-20      | Fixed         | 2.73%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FN CC0102                                                                                                                                              | CUSIP: 3140Y6DG2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  18439368 | PA      | $18743772.98  | 0.67%             | 2055-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| OBX 2024-NQM3 TRUST                                                                  | OBX 2024-NQM3 A1                                                                                                                                       | CUSIP: 67118KAA1<br>LEI: 2549001QDCO9VU0HH514 | Long             | ABS-O            | CORP              | US        |    531000 | PA      | $533660.22    | 0.02%             | 2063-12-25      | Variable      | 6.13%                 | No            |                  2 | On Loan: No      |
| Targa Resources Corp.                                                                | TRGP 5.65 02/15/36                                                                                                                                     | CUSIP: 87612GAQ4<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |    375000 | PA      | $380510.28    | 0.01%             | 2036-02-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Corebridge Life Holdings Inc.                                                        | CRBG 8.125 03/15/46                                                                                                                                    | CUSIP: 00138GAC3<br>LEI: 5493001FBIY3WQ6U5014 | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1657177.47   | 0.06%             | 2046-03-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| Avis Budget Rental Car Funding AESOP LLC                                             | AESOP 2024-1A B                                                                                                                                        | CUSIP: 05377RHZ0<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |   1300000 | PA      | $1329930.81   | 0.05%             | 2030-06-20      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| MFA 2021-INV1 TRUST                                                                  | MFRA 2021-INV1 M1                                                                                                                                      | CUSIP: 552747AD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    700000 | PA      | $662953.65    | 0.02%             | 2056-01-25      | Variable      | 2.29%                 | No            |                  3 | On Loan: No      |
| AMERICAN AIRLINES INC                                                                | AAL 3.2 06/15/28 AA                                                                                                                                    | CUSIP: 023765AA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    584500 | PA      | $569455.96    | 0.02%             | 2028-06-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings Inc                                                  | NextEra Energy Capital Holdings Inc PUBLIC OFFERING OF 60NC5 FIXED-FOR-LIFE JUNIOR SUBORDINATED DEBENTURES DUE 15-APR-2086                             | CUSIP: 65339K829<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | EP               | CORP              | US        |     90000 | NS      | $2246400.00   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| National Health Investors, Inc.                                                      | NHI 5.35 02/01/33                                                                                                                                      | CUSIP: 63633DAG9<br>LEI: 549300ZPKZIG6DKDEC02 | Long             | DBT              | CORP              | US        |   1070000 | PA      | $1051425.55   | 0.04%             | 2033-02-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Figre Trust 2023-HE1                                                                 | FIGRE 2024-HE6 A                                                                                                                                       | CUSIP: 31684DAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1827533 | PA      | $1837397.23   | 0.07%             | 2054-12-25      | Variable      | 5.72%                 | No            |                  2 | On Loan: No      |
| AHG FUNDING 2024A1                                                                   | AHG FUNDING 2024A1                                                                                                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1983356 | PA      | $1999104.25   | 0.07%             | 2044-12-31      | Fixed         | 7.27%                 | No            |                  3 | On Loan: No      |
| Alexander Funding Trust II                                                           | NRG 7.467 07/31/28                                                                                                                                     | CUSIP: 014916AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    450000 | PA      | $473823.36    | 0.02%             | 2028-07-31      | Fixed         | 7.47%                 | No            |                  2 | On Loan: No      |
| HV STRUCTURED SOLUTIONS IV                                                           | HV STRUCTURED SOLUTIONS IV                                                                                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2231982 | PA      | $2215824.07   | 0.08%             | 2030-09-15      | Floating      | 6.85%                 | No            |                  3 | On Loan: No      |
| Standard Chartered PLC                                                               | STANLN V4.644 04/01/31 144A                                                                                                                            | CUSIP: 853254BS8<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |    579000 | PA      | $574707.42    | 0.02%             | 2031-04-01      | Fixed         | 4.64%                 | No            |                  2 | On Loan: No      |
| LHOME MORTGAGE TRUST 2025-RTL3                                                       | LHOME 2025-RTL3 A1                                                                                                                                     | CUSIP: 50205YAA1<br>LEI: 529900XB146PHFHY2T23 | Long             | ABS-O            | CORP              | US        |   1700000 | PA      | $1696747.39   | 0.06%             | 2040-08-25      | Variable      | 5.24%                 | No            |                  2 | On Loan: No      |
| UBS AG Stamford Branch                                                               | UBS V4.632 02/16/32                                                                                                                                    | CUSIP: 90261AAH5<br>LEI: 254900R882POXXVAK772 | Long             | DBT              | CORP              | US        |    700000 | PA      | $697591.09    | 0.02%             | 2032-02-16      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Fidelis Insurance Holdings Ltd.                                                      | FIHL V7.75 06/15/55                                                                                                                                    | CUSIP: 31575FAC0<br>LEI: 549300CDMGCAGJQ7DX03 | Long             | DBT              | CORP              | BM        |    500000 | PA      | $524970.00    | 0.02%             | 2055-06-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| ANGEL OAK MORTGAGE TRUST 2024-4                                                      | AOMT 2024-4 A1                                                                                                                                         | CUSIP: 034943AA8<br>LEI: 25490046TFINGL6XED11 | Long             | ABS-O            | CORP              | US        |   1692005 | PA      | $1704210.50   | 0.06%             | 2069-01-25      | Variable      | 6.20%                 | No            |                  2 | On Loan: No      |
| Janus Henderson US Holdings Inc.                                                     | JHG 5.45 09/10/34                                                                                                                                      | CUSIP: 47103MAB4<br>LEI: 8T2ZO87FU1KVPZIG9I59 | Long             | DBT              | CORP              | US        |   1060000 | PA      | $1056842.60   | 0.04%             | 2034-09-10      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| GREENSKY HOME IMPRT TR 2025-1                                                        | GSKY 2025-1A B                                                                                                                                         | CUSIP: 39571NAE6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2350000 | PA      | $2360453.98   | 0.08%             | 2060-03-25      | Fixed         | 5.39%                 | No            |                  2 | On Loan: No      |
| BLUE STREAM ISSUER LLC                                                               | BSTRM 2024-1A A2                                                                                                                                       | CUSIP: 09606BAG9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1009059.10   | 0.04%             | 2054-11-20      | Fixed         | 5.41%                 | No            |                  2 | On Loan: No      |
| Cifc Funding 2015-IV Limited                                                         | CIFC 2015-4A BR3                                                                                                                                       | CUSIP: 12550TBN4<br>LEI: 549300ZXX0SJBZWIWI81 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $998958.70    | 0.04%             | 2039-01-18      | Floating      | 5.19%                 | No            |                  2 | On Loan: No      |
| Station Place Securitization T                                                       | Station Place Securitization Trust Series 2025-SP2                                                                                                     | CUSIP: 857936AA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7800000 | PA      | $7800000.00   | 0.28%             | 2026-09-25      | Floating      | 4.83%                 | No            |                  3 | On Loan: No      |
| LHOME MORTGAGE TRUST 2024-RTL5                                                       | LHOME 2024-RTL5 A1                                                                                                                                     | CUSIP: 50205WAA5<br>LEI: 529900ZQNJ23BIJVY871 | Long             | ABS-O            | CORP              | US        |   2200000 | PA      | $2200036.30   | 0.08%             | 2039-09-25      | Variable      | 5.32%                 | No            |                  2 | On Loan: No      |
| FedEx Corporation                                                                    | FDX 4.75 11/15/45                                                                                                                                      | CUSIP: 31428XBE5<br>LEI: 549300E707U7WNPZN687 | Long             | DBT              | CORP              | US        |    354000 | PA      | $302333.60    | 0.01%             | 2045-11-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| PRPM 2025-RPL3 LLC                                                                   | PRPM 2025-RPL3 A2                                                                                                                                      | CUSIP: 69392NAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    850000 | PA      | $814467.03    | 0.03%             | 2055-04-25      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| SALUDA GRADE ALTERNATIVE MORTGAGE TRUST 2023-FIG                                     | GRADE 2023-FIG4 A                                                                                                                                      | CUSIP: 79581UAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1115561 | PA      | $1145712.26   | 0.04%             | 2053-11-25      | Variable      | 6.72%                 | No            |                  2 | On Loan: No      |
| Dai-ichi Life Insurance Co. Ltd. (The)                                               | DAIL V6.2 PERP 144A                                                                                                                                    | CUSIP: 23381LAA2<br>LEI: 3538001235ACEIORUV72 | Long             | DBT              | CORP              | JP        |   2150000 | PA      | $2162794.65   | 0.08%             | N/A             | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| NEW RESIDENTIAL MORTGAGE LOAN TRUST 2024-NQM2                                        | NRZT 2024-NQM2 A3                                                                                                                                      | CUSIP: 64832BAE5<br>LEI: 213800Z6O4V4V96AU133 | Long             | ABS-O            | CORP              | US        |   1160570 | PA      | $1154082.26   | 0.04%             | 2064-09-25      | Variable      | 5.42%                 | No            |                  2 | On Loan: No      |
| VANTAGE DATA CENTERS ISSUER LLC                                                      | VDC 2024-1A A2                                                                                                                                         | CUSIP: 92212KAG1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1100000 | PA      | $1081518.35   | 0.04%             | 2054-09-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| OBX 2025-NQM13 TRUST                                                                 | OBX 2025-NQM13 A2                                                                                                                                      | CUSIP: 67121UAB2<br>LEI: 254900FPAGVH6E25VL74 | Long             | ABS-O            | CORP              | US        |    428332 | PA      | $429168.68    | 0.02%             | 2065-05-25      | Variable      | 5.61%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FNA 2020-M23 X1                                                                                                                                        | CUSIP: 3136B9J32<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |  17048244 | PA      | $1298336.29   | 0.05%             | 2035-03-25      | Variable      | 1.49%                 | No            |                  2 | On Loan: No      |
| Wellfleet Clo 2022-2 Ltd.                                                            | WELF 2022-2A BR                                                                                                                                        | CUSIP: 94949FAN3<br>LEI: 2549008BRKHJZB917M86 | Long             | ABS-CBDO         | CORP              | KY        |    750000 | PA      | $750405.53    | 0.03%             | 2037-10-19      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| CROSS 2025-H2 MORTGAGE TRUST                                                         | CROSS 2025-H2 A3                                                                                                                                       | CUSIP: 22758PAE2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    754907 | PA      | $754936.80    | 0.03%             | 2070-03-25      | Variable      | 5.66%                 | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                                                                    | SWOP IRS USD                                                                                                                                           | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DIR              | CORP              | GB        | -11406250 | NC      | $-46574.48    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Global Payments Inc                                                                  | GPN 5.2 11/15/32                                                                                                                                       | CUSIP: 37940XAX0<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |    785000 | PA      | $762004.60    | 0.03%             | 2032-11-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Corporacion Nacional del Cobre de Chile                                              | CDEL 6.78 01/13/55 144A                                                                                                                                | CUSIP: 21987BBM9<br>LEI: 549300UVMBCBCIPSUI70 | Long             | DBT              | CORP              | CL        |   1950000 | PA      | $2065089.00   | 0.07%             | 2055-01-13      | Fixed         | 6.78%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                                                         | ORCL 5.2 09/26/35                                                                                                                                      | CUSIP: 68389XDM4<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   2475000 | PA      | $2321537.53   | 0.08%             | 2035-09-26      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                     | FR RQ0095                                                                                                                                              | CUSIP: 3142J6C92<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  48815908 | PA      | $49067176.96  | 1.74%             | 2056-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ARES DIRECT LENDING CLO 8 LLC                                                        | ARESDL 2025-4A B                                                                                                                                       | CUSIP: 039933AE6<br>LEI: 2549008VI9L2AN96MC59 | Long             | ABS-CBDO         | CORP              | US        |    200000 | PA      | $199338.16    | 0.01%             | 2039-01-20      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| Verizon Communications Inc.                                                          | VZ 5.75 11/30/45                                                                                                                                       | CUSIP: 92343VHH0<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |   1625000 | PA      | $1582425.99   | 0.06%             | 2045-11-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Energy Transfer LP                                                                   | ET 5.95 05/15/54                                                                                                                                       | CUSIP: 29273VAW0<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $937676.07    | 0.03%             | 2054-05-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Acrec 2026-FL4 LLC                                                                   | ACREC 2026-FL4 B                                                                                                                                       | CUSIP: 004970AC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $996742.70    | 0.04%             | 2043-01-18      | Fixed         | 5.48%                 | No            |                  2 | On Loan: No      |
| PLANET FITNESS MASTER ISSUER LLC SERIES 2018-1                                       | PLNT 2024-1A A2II                                                                                                                                      | CUSIP: 72703PAG8<br>LEI: 549300NX9W3U2DO53T22 | Long             | ABS-O            | CORP              | US        |    985000 | PA      | $1002174.66   | 0.04%             | 2054-06-05      | Fixed         | 6.24%                 | No            |                  2 | On Loan: No      |
| Kinder Morgan Energy Partners LP                                                     | KMI 5.8 03/15/35                                                                                                                                       | CUSIP: 494550AT3<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |    725000 | PA      | $751822.67    | 0.03%             | 2035-03-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Farm Mortgage Trust 2024-2                                                           | FARM 2021-1 A                                                                                                                                          | CUSIP: 30768WAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    722121 | PA      | $595570.38    | 0.02%             | 2051-01-25      | Variable      | 2.18%                 | No            |                  2 | On Loan: No      |
| APOLLO AVIATION SECURITIZATION EQUITY TRUST 2020-1                                   | AASET 2020-1A A                                                                                                                                        | CUSIP: 00255UAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    259068 | PA      | $257311.80    | 0.01%             | 2040-01-16      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FN MA5878                                                                                                                                              | CUSIP: 31418FQ83<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  26500457 | PA      | $26154232.31  | 0.93%             | 2055-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Standard Chartered PLC                                                               | STANLN V5.005 10/15/30 144A                                                                                                                            | CUSIP: 85325C2A9<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |   1281000 | PA      | $1291716.46   | 0.05%             | 2030-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                                 | JPM V6.5 PERP OO                                                                                                                                       | CUSIP: 48128AAJ2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   1570000 | PA      | $1611031.95   | 0.06%             | N/A             | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| DELTA AIR (SKYMILES IP) 1L TLB USD                                                   | DELTA AIR (SKYMILES IP) 1L TLB USD                                                                                                                     | CUSIP: 24736CBT0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    467964 | PA      | $469428.62    | 0.02%             | 2028-10-20      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION                                                     | VIX E 2026-04-15 CALL 35                                                                                                                               | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               | CORP              | US        |      1062 | NC      | $93456.00     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Jefferies Financial Group Inc                                                        | JEF 6.2 04/14/34                                                                                                                                       | CUSIP: 47233WEJ4<br>LEI: 549300HOF34RGOJ5YL07 | Long             | DBT              | CORP              | US        |    700000 | PA      | $713868.34    | 0.03%             | 2034-04-14      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| Midwest Connector Capital Company LLC                                                | MWXCAP 4.625 04/01/29 144A                                                                                                                             | CUSIP: 59833CAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1050000 | PA      | $1044587.93   | 0.04%             | 2029-04-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Symetra Life Insurance Co.                                                           | SYA 6.55 10/01/55 144A                                                                                                                                 | CUSIP: 87151KAA7<br>LEI: 2CKADF5K7JYB5EG0VY36 | Long             | DBT              | CORP              | US        |    900000 | PA      | $901770.28    | 0.03%             | 2055-10-01      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| SG RESIDENTIAL MORTGAGE TRUST 2026-1                                                 | SGR 2026-1 A3                                                                                                                                          | CUSIP: 818916AH1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4971605 | PA      | $4924960.88   | 0.17%             | 2066-01-25      | Variable      | 5.14%                 | No            |                  2 | On Loan: No      |
| ARES DIRECT LENDING CLO 8 LLC                                                        | ARESDL 2025-4A C                                                                                                                                       | CUSIP: 039933AG1<br>LEI: 2549008VI9L2AN96MC59 | Long             | ABS-CBDO         | CORP              | US        |    800000 | PA      | $795108.16    | 0.03%             | 2039-01-20      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| SEQUOIA MORTGAGE TRUST 2025-1                                                        | SEMT 2025-1 A4                                                                                                                                         | CUSIP: 81743EAD3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    861300 | PA      | $864768.52    | 0.03%             | 2055-01-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| SALUDA GRADE ALTERNATIVE MORTGAGE T                                                  | GRADE 2025-LOC4 A1B                                                                                                                                    | CUSIP: 79589VAP9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    830613 | PA      | $831608.82    | 0.03%             | 2055-06-25      | Variable      | 5.51%                 | No            |                  2 | On Loan: No      |
| AP GRANGE HOLDINGS                                                                   | AP GRANGE HOLDINGS                                                                                                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   1400000 | PA      | $1456000.00   | 0.05%             | 2045-03-20      | Fixed         | 5.00%                 | No            |                  3 | On Loan: No      |
| Tennessee Valley Authority                                                           | TVASP 0 01/15/38 1-38                                                                                                                                  | CUSIP: 88059FBA8<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |   4000000 | PA      | $2265476.00   | 0.08%             | 2038-01-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Tennessee Valley Authority                                                           | TVA 4.25 09/15/52                                                                                                                                      | CUSIP: 880591EY4<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |   3150000 | PA      | $2683050.30   | 0.10%             | 2052-09-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Galaxy Pipeline Assets Bidco Ltd.                                                    | ADGLXY 3.25 09/30/40 144A                                                                                                                              | CUSIP: 36321PAC4<br>LEI: 549300L82YB0C6JQIC26 | Long             | DBT              | CORP              | JE        |   2986000 | PA      | $2293433.13   | 0.08%             | 2040-09-30      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| GCAT 2024-NQM2                                                                       | GCAT 2024-NQM2 A3                                                                                                                                      | CUSIP: 36831CAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    492182 | PA      | $495577.12    | 0.02%             | 2059-06-25      | Variable      | 6.54%                 | No            |                  2 | On Loan: No      |
| Altria Group, Inc.                                                                   | MO 4.45 05/06/50                                                                                                                                       | CUSIP: 02209SBK8<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |   1365000 | PA      | $1066504.77   | 0.04%             | 2050-05-06      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                                                             | JPY CALL VERSUS USD PUT                                                                                                                                | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | US        |   2263000 | NC      | $864.23       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| AASET 2024-2 LTD                                                                     | AASET 2024-2A A                                                                                                                                        | CUSIP: 00038QAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   3575200 | PA      | $3601535.01   | 0.13%             | 2049-09-16      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| BSPDF 2026-FL3 ISSUER LLC                                                            | BSPDF 2026-FL3 AS                                                                                                                                      | CUSIP: 05594VAC6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   2550000 | PA      | $2542164.11   | 0.09%             | 2043-09-18      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| Sumitomo Life Insurance Co.                                                          | SUMILF V5.875 09/10/55 144A                                                                                                                            | CUSIP: 86564CAF7<br>LEI: 549300I5OQCDADQSPI57 | Long             | DBT              | CORP              | JP        |   1150000 | PA      | $1125193.24   | 0.04%             | 2055-09-10      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| OBX 2023-NQM9 TRUST                                                                  | OBX 2023-NQM9 A3                                                                                                                                       | CUSIP: 673921AC6<br>LEI: 2549007JKD4UEFDCFB08 | Long             | ABS-O            | CORP              | US        |   2048425 | PA      | $2064718.16   | 0.07%             | 2063-10-25      | Fixed         | 7.66%                 | No            |                  2 | On Loan: No      |
| GOLDENTREE LN 24 LTD/LLC                                                             | GLM 2025-24A B                                                                                                                                         | CUSIP: 38139VAG0<br>LEI: 254900PS1VHPJR2OTF82 | Long             | ABS-CBDO         | CORP              | KY        |   2250000 | PA      | $2249226.00   | 0.08%             | 2038-10-20      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| Global Payments Inc                                                                  | GPN 4.875 11/15/30                                                                                                                                     | CUSIP: 37940XAW2<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |   1075000 | PA      | $1055693.84   | 0.04%             | 2030-11-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Omnis Funding Trust                                                                  | RGA 6.722 05/15/55                                                                                                                                     | CUSIP: 68218WAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2410000 | PA      | $2436325.13   | 0.09%             | 2055-05-15      | Fixed         | 6.72%                 | No            |                  2 | On Loan: No      |
| Host Hotels & Resorts, L.P.                                                          | HST 5.7 07/01/34                                                                                                                                       | CUSIP: 44107TBB1<br>LEI: FXB7X4WXVA8QPMNOGS12 | Long             | DBT              | CORP              | US        |   2750000 | PA      | $2778683.13   | 0.10%             | 2034-07-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Highmark Inc.                                                                        | HIMARK 2.55 05/10/31 144A                                                                                                                              | CUSIP: 431116AE2<br>LEI: 549300B6868ZXXEB2Y57 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1328268.26   | 0.05%             | 2031-05-10      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2026-3                                                    | VERUS 2026-3 A3                                                                                                                                        | CUSIP: 92490HAK2<br>LEI: 213800DTJD5UKJR53O34 | Long             | ABS-O            | CORP              | US        |   4487000 | PA      | $4451874.17   | 0.16%             | 2066-02-25      | Variable      | 5.33%                 | No            |                  2 | On Loan: No      |
| Standard Building Solutions (Standard Industries)                                    | Standard Building Solutions (Standard Industries) Term Loan B 200 2028-09-01                                                                           | CUSIP: 85350EAB2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    452840 | PA      | $451771.60    | 0.02%             | 2028-09-22      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| Black Hills Corporation                                                              | BKH 6 01/15/35                                                                                                                                         | CUSIP: 092113AX7<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | DBT              | CORP              | US        |    320000 | PA      | $332190.72    | 0.01%             | 2035-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fort Benning Familyily Communitys Llc                                                | BENFAM 6.09 01/15/51                                                                                                                                   | CUSIP: 346845AK6<br>LEI: 254900O8GC3CHW0PH218 | Long             | DBT              | CORP              | US        |    841028 | PA      | $755029.99    | 0.03%             | 2051-01-15      | Fixed         | 6.09%                 | No            |                  2 | On Loan: No      |
| A10 2025-FL6 Issuer LLC                                                              | A10 2025-FL6 AS                                                                                                                                        | CUSIP: 00028AAC9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   2300000 | PA      | $2293205.57   | 0.08%             | 2042-05-15      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                             | GNR 2025-1 CT                                                                                                                                          | CUSIP: 38385CRP5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    596002 | PA      | $596046.79    | 0.02%             | 2055-01-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| American National Global Funding                                                     | ANGINC 4.625 12/15/28 144A                                                                                                                             | CUSIP: 02771D2D5<br>LEI: 63540033TQXTOXKK1L93 | Long             | DBT              | CORP              | US        |   1080000 | PA      | $1071707.30   | 0.04%             | 2028-12-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| HF Sinclair Corp.                                                                    | DINO 6.25 01/15/35                                                                                                                                     | CUSIP: 403949AS9<br>LEI: 2549009G116AM01XHN24 | Long             | DBT              | CORP              | US        |   2530000 | PA      | $2612292.18   | 0.09%             | 2035-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| AES Corp.                                                                            | AES 3.95 07/15/30 144A                                                                                                                                 | CUSIP: 00130HCC7<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | DBT              | CORP              | US        |   1362000 | PA      | $1302139.95   | 0.05%             | 2030-07-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| TRICON RESIDENTIAL 2023-SFR1 TRUST                                                   | TCN 2023-SFR1 C                                                                                                                                        | CUSIP: 89616WAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2722000 | PA      | $2701135.60   | 0.10%             | 2040-07-19      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                         | TII 2.125 01/15/35                                                                                                                                     | CUSIP: 91282CML2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  25497786 | PA      | $25927654.91  | 0.92%             | 2035-01-15      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| Frem Mil Hse Tr 2015-R1                                                              | FMMHR 2015-R1 A1                                                                                                                                       | CUSIP: 35563CAA6<br>LEI: 549300ZG8WH0M4JSUM77 | Long             | ABS-O            | USGSE             | US        |   4203412 | PA      | $3687669.20   | 0.13%             | 2055-11-25      | Variable      | 4.65%                 | No            |                  2 | On Loan: No      |
| Taco Bell Funding Llc                                                                | BELL 2025-1A A2II                                                                                                                                      | CUSIP: 87342RAL8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    950000 | PA      | $927779.22    | 0.03%             | 2055-08-25      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| TERMINAL INVESTMENT LIMITED HOLDIN                                                   | TERMINAL INVESTMENT LIMITED HOLDIN                                                                                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |   2800000 | PA      | $2781561.59   | 0.10%             | 2040-10-01      | Fixed         | 6.23%                 | No            |                  3 | On Loan: No      |
| The Bank of New York Mellon Corp.                                                    | BK V3.75 PERP I                                                                                                                                        | CUSIP: 064058AL4<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |   3900000 | PA      | $3812396.25   | 0.14%             | N/A             | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Kkr Core Holding Company Llc                                                         | Kkr Core Holding Company Llc 4% SNR NTS 12/08/2031 USD (SEC REGD)                                                                                      | CUSIP: 48255KAA4<br>LEI: 5493007DXHDGV3QWWI42 | Long             | DBT              | CORP              | KY        |   4298629 | PA      | $3994229.14   | 0.14%             | 2031-08-12      | Fixed         | 4.00%                 | No            |                  3 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.                                                     | IRS USD                                                                                                                                                | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              | CORP              | US        |         1 | NC      | $309919.36    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Reinsurance Group of America, Incorporated                                           | RGA V6.65 09/15/55                                                                                                                                     | CUSIP: 759351AT6<br>LEI: LORM1GNEU1DKEW527V90 | Long             | DBT              | CORP              | US        |    500000 | PA      | $497774.20    | 0.02%             | 2055-09-15      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| Societe Generale S.A.                                                                | SOCGEN V5.519 01/19/28 144A                                                                                                                            | CUSIP: 83368RBV3<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |   2750000 | PA      | $2768306.81   | 0.10%             | 2028-01-19      | Fixed         | 5.52%                 | No            |                  2 | On Loan: No      |
| MAST 2026-1 LTD / MAST 2026-1 LLC                                                    | MASTT 2026-1A A                                                                                                                                        | CUSIP: 57631AAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1441369 | PA      | $1416828.56   | 0.05%             | 2051-02-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| MIDCAP FUNDING XLVI TRUST                                                            | MIDCAP FUNDING XLVI TRUST                                                                                                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1350000 | PA      | $1350000.00   | 0.05%             | 2028-04-15      | Floating      | 6.49%                 | No            |                  3 | On Loan: No      |
| OWL ROCK CLO III LLC                                                                 | OR 2020-3A AR                                                                                                                                          | CUSIP: 69120DAA9<br>LEI: 2549004CIDJSHLSPXF37 | Long             | ABS-CBDO         | CORP              | US        |   5500000 | PA      | $5501653.85   | 0.20%             | 2036-04-21      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| GLP Capital L.P. and GLP Financing II, Inc.                                          | GLPI 4 01/15/31                                                                                                                                        | CUSIP: 361841AQ2<br>LEI: 2549005PXW31DRW8EC44 | Long             | DBT              | CORP              | US        |   3510000 | PA      | $3318986.85   | 0.12%             | 2031-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y CITY HSG DEV CORP                                                       | NY NYCHSG 4.8 02/01/2053                                                                                                                               | CUSIP: 64966WHK6<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1518190.13   | 0.05%             | 2053-02-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Penske Truck Leasing Co LP / PTL Finance Corp.                                       | PENSKE 5.25 07/01/29 144A                                                                                                                              | CUSIP: 709599CA0<br>LEI: 549300ZX07JYMI8GHQ39 | Long             | DBT              | CORP              | US        |   2100000 | PA      | $2130493.83   | 0.08%             | 2029-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust 2023-CES1                                                  | TPMT 2023-CES1 A1A                                                                                                                                     | CUSIP: 89181XAM3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    353826 | PA      | $354028.87    | 0.01%             | 2063-07-25      | Variable      | 6.75%                 | No            |                  2 | On Loan: No      |
| Farmers Insurance Exchange Inc.                                                      | FARMER V7 10/15/64 144A                                                                                                                                | CUSIP: 309601AG7<br>LEI: 549300UWG2TLX1GZVT44 | Long             | DBT              | CORP              | US        |   2200000 | PA      | $2198832.68   | 0.08%             | 2064-10-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Figre Trust 2023-HE1                                                                 | FIGRE 2024-HE4 A                                                                                                                                       | CUSIP: 31684UAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1125509 | PA      | $1125995.84   | 0.04%             | 2054-09-25      | Variable      | 5.06%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                     | FR SL1136                                                                                                                                              | CUSIP: 31427NHN2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3758815 | PA      | $3784480.24   | 0.13%             | 2055-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Station Place Securitization T                                                       | Station Place Securitization Trust Series 2024-SP2                                                                                                     | CUSIP: 857942AA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3800000 | PA      | $3800000.00   | 0.14%             | 2026-07-12      | Floating      | 5.38%                 | No            |                  3 | On Loan: No      |
| JPMDB COMMERCIAL MORTGAGE SECURITIES TRUST 2016-C2                                   | JPMDB 2016-C2 XA                                                                                                                                       | CUSIP: 46590LAV4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2589560 | PA      | $25.90        | 0.00%             | 2049-06-17      | Variable      | 1.39%                 | No            |                  2 | On Loan: No      |
| Phillips 66 Co.                                                                      | PSX V6.2 03/15/56 B                                                                                                                                    | CUSIP: 718547BA9<br>LEI: RVJMT2IZVVSKIRJJBH76 | Long             | DBT              | CORP              | US        |    987000 | PA      | $982565.71    | 0.03%             | 2056-03-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| KREF 2021-Fl2 Ltd.                                                                   | KREF 2021-FL2 C                                                                                                                                        | CUSIP: 48275RAG2<br>LEI: 54930083ELM2GCMVTQ91 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $994276.00    | 0.04%             | 2039-02-17      | Floating      | 5.79%                 | No            |                  2 | On Loan: No      |
| TKO Group Holdings (UFC)                                                             | TKO Group Holdings (UFC) Term Loan B 200 2031-11-01                                                                                                    | CUSIP: 90266UAL7<br>LEI: 549300JEOTH7UMZ3C491 | Long             | LON              | CORP              | US        |   5830938 | PA      | $5823473.90   | 0.21%             | 2031-11-21      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| Smithfield Foods Inc                                                                 | SFD 5.2 04/01/29 144A                                                                                                                                  | CUSIP: 832248BB3<br>LEI: CVTIPZRZJC0JQEZLL598 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1210957.87   | 0.04%             | 2029-04-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| SERVICE EXPERTS ISSUER 2024-1 LLC                                                    | SE 2024-1A A                                                                                                                                           | CUSIP: 81758FAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1263139 | PA      | $1288381.02   | 0.05%             | 2035-11-20      | Fixed         | 6.39%                 | No            |                  2 | On Loan: No      |
| Servpro Master Issuer Llc                                                            | SPRO 2025-1A A2                                                                                                                                        | CUSIP: 817743AL1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4937625 | PA      | $4882848.96   | 0.17%             | 2055-10-25      | Fixed         | 5.53%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trust 2022-NQM3                                            | BRAVO 2023-NQM2 A3                                                                                                                                     | CUSIP: 105933AC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1483514 | PA      | $1470714.88   | 0.05%             | 2062-05-25      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| ARES DIRECT LENDING CLO 1 LLC                                                        | ARESDL 2024-1A B                                                                                                                                       | CUSIP: 04020RAC2<br>LEI: 254900W79C3ALKJIMH12 | Long             | ABS-CBDO         | CORP              | US        |    750000 | PA      | $748388.85    | 0.03%             | 2036-04-25      | Floating      | 5.87%                 | No            |                  2 | On Loan: No      |
| Helmerich & Payne Inc                                                                | HP 5.5 12/01/34                                                                                                                                        | CUSIP: 423452AN1<br>LEI: 254900NAOGHJ88RZ4C73 | Long             | DBT              | CORP              | US        |    530000 | PA      | $521022.62    | 0.02%             | 2034-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANKS                                                              | FR SD7565                                                                                                                                              | CUSIP: 3132DVMN2<br>LEI: 2549001DPIFGXC1TOL40 | Long             | ABS-MBS          | USGSE             | US        |  12411194 | PA      | $12645431.28  | 0.45%             | 2053-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| REGIONAL MANAGEMENT ISSUANCE TRUST 2025-1                                            | RMIT 2025-1 B                                                                                                                                          | CUSIP: 75908AAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3550000 | PA      | $3574250.05   | 0.13%             | 2034-04-17      | Fixed         | 5.53%                 | No            |                  2 | On Loan: No      |
| Intesa Sanpaolo S.p.A.                                                               | ISPIM 7.8 11/28/53 144A                                                                                                                                | CUSIP: 46115HCF2<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |    860000 | PA      | $1004634.03   | 0.04%             | 2053-11-28      | Fixed         | 7.80%                 | No            |                  2 | On Loan: No      |
| Tennessee Valley Authority                                                           | TVASP 0 01/15/48                                                                                                                                       | CUSIP: 88059EN59<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |  12156000 | PA      | $3792416.72   | 0.13%             | 2048-01-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Insured Lending 1 Ltd.                                                               | INLEND 6.5 02/04/32 144                                                                                                                                | CUSIP: 000000000<br>LEI: 875500RRX7H6NZ8RYE90 | Long             | DBT              | CORP              | GB        |   2600000 | PA      | $3004820.00   | 0.11%             | 2032-02-04      | Fixed         | 6.50%                 | Yes           |                  3 | On Loan: No      |
| FS RIALTO 2025-FL10 ISSUER LLC                                                       | FSRIA 2025-FL10 B                                                                                                                                      | CUSIP: 30340KAE1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1000000 | PA      | $996050.40    | 0.04%             | 2042-08-19      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| QTS ISSUER ABS I LLC                                                                 | QTS 2025-1A A2                                                                                                                                         | CUSIP: 74690DAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5700000 | PA      | $5636543.04   | 0.20%             | 2055-05-25      | Fixed         | 5.44%                 | No            |                  2 | On Loan: No      |
| Metronet Infrastructure Issuer LLC.                                                  | MNET 2026-1A A2                                                                                                                                        | CUSIP: 59170JBK3<br>LEI: 5493000BIROCAEATAQ61 | Long             | ABS-O            | CORP              | US        |   1700000 | PA      | $1705497.80   | 0.06%             | 2056-04-20      | Fixed         | 5.27%                 | No            |                  2 | On Loan: No      |
| COLT 2021-2 MORTGAGE LOAN TRUST                                                      | COLT 2021-2 M1                                                                                                                                         | CUSIP: 19685WAD3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4000000 | PA      | $2851359.20   | 0.10%             | 2066-08-25      | Variable      | 2.38%                 | No            |                  2 | On Loan: No      |
| OWL ROCK CLO III LLC                                                                 | OR 2020-3A BR                                                                                                                                          | CUSIP: 69120DAC5<br>LEI: 2549004CIDJSHLSPXF37 | Long             | ABS-CBDO         | CORP              | US        |   1250000 | PA      | $1247885.38   | 0.04%             | 2036-04-21      | Floating      | 6.02%                 | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                                            | USD/EUR FORWARD                                                                                                                                        | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | N/A              | DFE              | CORP              | US        |         1 | NC      | $213.57       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ALIGNED DATA CENTERS ISSUER LLC                                                      | ADC 2021-1A A2                                                                                                                                         | CUSIP: 01627AAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3350000 | PA      | $3315788.13   | 0.12%             | 2046-08-15      | Fixed         | 1.94%                 | No            |                  2 | On Loan: No      |
| PALMER SQUARE CLO 2014-1 LTD                                                         | PLMRS 2023-4A CR                                                                                                                                       | CUSIP: 696924AQ2<br>LEI: 549300UP5H2PFBIITY41 | Long             | ABS-CBDO         | CORP              | KY        |   1250000 | PA      | $1250741.25   | 0.04%             | 2037-10-20      | Floating      | 6.14%                 | No            |                  2 | On Loan: No      |
| Tennessee Valley Authority                                                           | TVASP 0 06/15/38                                                                                                                                       | CUSIP: 88059FBR1<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |   9400000 | PA      | $5199346.80   | 0.18%             | 2038-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Wyndham Hotels & Resorts                                                             | Wyndham Hotels & Resorts Term Loan B 175 2030-05-01                                                                                                    | CUSIP: 98310CAF9<br>LEI: 549300FE3MQ4RVXXC673 | Long             | LON              | CORP              | US        |   4912500 | PA      | $4925469.00   | 0.18%             | 2030-05-24      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION                                                     | VIX E 2026-05-19 CALL 50                                                                                                                               | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               | CORP              | US        |     -1062 | NC      | $-102483.00   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| OBX TRUST2024-NQM5                                                                   | OBX 2024-NQM5 A2                                                                                                                                       | CUSIP: 67448NAB4<br>LEI: 254900RDM4XSF0B1E373 | Long             | ABS-O            | CORP              | US        |    874410 | PA      | $879224.05    | 0.03%             | 2064-01-25      | Variable      | 6.29%                 | No            |                  2 | On Loan: No      |
| FedEx Corporation                                                                    | FDX 4.1 02/01/45 .                                                                                                                                     | CUSIP: 31428XDQ6<br>LEI: 549300E707U7WNPZN687 | Long             | DBT              | CORP              | US        |    550000 | PA      | $432252.36    | 0.02%             | 2045-02-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| COLT 2024-1 MORTGAGE LOAN TRUST                                                      | COLT 2024-1 A3                                                                                                                                         | CUSIP: 19688TAC9<br>LEI: 2138001HZNOLT1K3WY73 | Long             | ABS-O            | CORP              | US        |    812417 | PA      | $815704.70    | 0.03%             | 2069-02-25      | Variable      | 6.14%                 | No            |                  2 | On Loan: No      |
| NRG Energy                                                                           | NRG Energy Term Loan B 175 2031-04-01                                                                                                                  | CUSIP: 62937NBC0<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | LON              | CORP              | US        |   4974430 | PA      | $4979852.53   | 0.18%             | 2031-04-16      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| The Brooklyn Union Gas Company                                                       | NGGLN 6.415 07/18/54                                                                                                                                   | CUSIP: 114259AY0<br>LEI: 83BQ1DXS6VA5GZFK8S35 | Long             | DBT              | CORP              | US        |   1110000 | PA      | $1128533.09   | 0.04%             | 2054-07-18      | Fixed         | 6.42%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                                                             | JPY CALL VERSUS USD PUT                                                                                                                                | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | US        |   4602000 | NC      | $0.00         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Rio Tinto Finance (USA) plc                                                          | RIOLN 5.25 03/14/35                                                                                                                                    | CUSIP: 76720AAU0<br>LEI: 2138006TSNBEUA761G16 | Long             | DBT              | CORP              | GB        |     60000 | PA      | $60958.51     | 0.00%             | 2035-03-14      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Servpro Master Issuer Llc                                                            | SPRO 2024-1A A2                                                                                                                                        | CUSIP: 817743AJ6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1372000 | PA      | $1404731.39   | 0.05%             | 2054-01-25      | Fixed         | 6.17%                 | No            |                  2 | On Loan: No      |
| RCKT MORTGAGE TRUST 2025-CES1                                                        | RCKT 2025-CES1 A1A                                                                                                                                     | CUSIP: 749427AA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    914449 | PA      | $918908.00    | 0.03%             | 2045-01-25      | Variable      | 5.65%                 | No            |                  2 | On Loan: No      |
| GXO Logistics Inc.                                                                   | GXO 6.5 05/06/34                                                                                                                                       | CUSIP: 36262GAG6<br>LEI: 5493007CNWMXN78JRN66 | Long             | DBT              | CORP              | US        |    440000 | PA      | $461720.41    | 0.02%             | 2034-05-06      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| OBX 2025-NQM13 TRUST                                                                 | OBX 2025-NQM13 A3                                                                                                                                      | CUSIP: 67121UAC0<br>LEI: 254900FPAGVH6E25VL74 | Long             | ABS-O            | CORP              | US        |   1557573 | PA      | $1562408.63   | 0.06%             | 2065-05-25      | Variable      | 5.82%                 | No            |                  2 | On Loan: No      |
| HOMES 2025-NQM3 TRUST                                                                | HOMES 2026-NQM1 A2                                                                                                                                     | CUSIP: 437922AD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1725613 | PA      | $1706861.26   | 0.06%             | 2070-09-25      | Variable      | 5.05%                 | No            |                  2 | On Loan: No      |
| Tricon Residential 2023-SFR2 Trust                                                   | TCN 2023-SFR2 C                                                                                                                                        | CUSIP: 895978AC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1200000 | PA      | $1186508.64   | 0.04%             | 2040-12-19      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                             | GNR 2025-117 NB                                                                                                                                        | CUSIP: 38381NQ50<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |   3889411 | PA      | $3917276.39   | 0.14%             | 2052-03-20      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Cerberus Loan Funding XL LLC                                                         | CERB 2023-1A A                                                                                                                                         | CUSIP: 15675AAA7<br>LEI: 635400FRD1HEGKSHCI69 | Long             | ABS-CBDO         | CORP              | US        |   4500000 | PA      | $4509722.25   | 0.16%             | 2035-03-22      | Floating      | 6.07%                 | No            |                  2 | On Loan: No      |
| Lazard Group LLC                                                                     | LAZ 5.625 08/01/35                                                                                                                                     | CUSIP: 52107QAM7<br>LEI: FI94J2CJ1D7BIGVMS874 | Long             | DBT              | CORP              | US        |   1875000 | PA      | $1870970.01   | 0.07%             | 2035-08-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Becle Sab DE CV                                                                      | JBYCMX 2.5 10/14/31 144A                                                                                                                               | CUSIP: 07586PAA9<br>LEI: 529900JY55CZKMJLCE09 | Long             | DBT              | CORP              | MX        |   1050000 | PA      | $901750.50    | 0.03%             | 2031-10-14      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| GLP Capital L.P. and GLP Financing II, Inc.                                          | GLPI 5.75 11/01/37                                                                                                                                     | CUSIP: 361841AW9<br>LEI: 2549005PXW31DRW8EC44 | Long             | DBT              | CORP              | US        |   1050000 | PA      | $1016261.82   | 0.04%             | 2037-11-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BRAVO RESIDENTIAL FUNDING TRUST 2022-NQM3                                            | BRAVO 2025-NQM2 A2                                                                                                                                     | CUSIP: 10569NAD3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2939552 | PA      | $2950844.46   | 0.10%             | 2064-11-25      | Variable      | 5.83%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FNR 2025-52 GA                                                                                                                                         | CUSIP: 3136BWWS1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |   4059906 | PA      | $4063682.15   | 0.14%             | 2053-01-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rogers Communications Inc.                                                           | RCICN V6.875 07/31/56                                                                                                                                  | CUSIP: 775109DL2<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |   1750000 | PA      | $1756714.75   | 0.06%             | 2056-07-31      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| CEAMER FIN 2 SR SEC NTS                                                              | CEAMER FIN 2 SR SEC NTS                                                                                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1401316 | PA      | $1426789.76   | 0.05%             | 2037-11-15      | Fixed         | 6.92%                 | No            |                  3 | On Loan: No      |
| STAR 2025-SFR6 TRUST                                                                 | STAR 2025-SFR6 B                                                                                                                                       | CUSIP: 85520EAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1000000.00   | 0.04%             | 2042-08-19      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| CITIGROUP COMMERCIAL MORTGAGE TRUST 2016-P5                                          | CGCMT 2016-P5 XA                                                                                                                                       | CUSIP: 17325DAJ2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1177257 | PA      | $677.04       | 0.00%             | 2049-10-13      | Variable      | 1.35%                 | No            |                  2 | On Loan: No      |
| Amazon.com, Inc.                                                                     | AMZN 5.65 03/13/46                                                                                                                                     | CUSIP: 023135DG8<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |   1190000 | PA      | $1185882.99   | 0.04%             | 2046-03-13      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| CSMC TRUST 2018-RPL9                                                                 | CSMC 2018-RPL9 A1                                                                                                                                      | CUSIP: 12654PAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    424838 | PA      | $417738.54    | 0.01%             | 2057-09-25      | Variable      | 3.85%                 | No            |                  2 | On Loan: No      |
| Ally Financial Inc.                                                                  | ALLY V6.184 07/26/35                                                                                                                                   | CUSIP: 02005NBV1<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1002905.31   | 0.04%             | 2035-07-26      | Fixed         | 6.18%                 | No            |                  2 | On Loan: No      |
| First American Financial Corporation                                                 | FAF 5.45 09/30/34                                                                                                                                      | CUSIP: 31847RAJ1<br>LEI: 549300B6VEZK3N0A1P55 | Long             | DBT              | CORP              | US        |    490000 | PA      | $480234.85    | 0.02%             | 2034-09-30      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Stream Innovations 2024-2 Issuer Trust                                               | STRE 2024-2A A                                                                                                                                         | CUSIP: 86324EAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    671373 | PA      | $675667.17    | 0.02%             | 2045-02-15      | Fixed         | 5.21%                 | No            |                  2 | On Loan: No      |
| SALUDA GRADE ALTERNATIVE MORTGAGE T                                                  | GRADE 2025-LOC4 A1A                                                                                                                                    | CUSIP: 79589VAN4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1661225 | PA      | $1666979.30   | 0.06%             | 2055-06-25      | Variable      | 5.41%                 | No            |                  2 | On Loan: No      |
| Macquarie Bank Ltd.                                                                  | MQGAU V5.642 08/13/36 144A                                                                                                                             | CUSIP: 556079AG6<br>LEI: 4ZHCHI4KYZG2WVRT8631 | Long             | DBT              | CORP              | AU        |   5450000 | PA      | $5420227.69   | 0.19%             | 2036-08-13      | Fixed         | 5.64%                 | No            |                  2 | On Loan: No      |
| Maple Grove Funding Trust I                                                          | LIFEVT 4.161 08/15/51                                                                                                                                  | CUSIP: 565130AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4750000 | PA      | $3425639.44   | 0.12%             | 2051-08-15      | Fixed         | 4.16%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FNMA-30YR                                                                                                                                              | CUSIP: 01F020653<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  15965000 | PA      | $12851201.25  | 0.46%             | 2056-05-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Dryden 37 Senior Loan Fund                                                           | DRSLF 2015-37A BR                                                                                                                                      | CUSIP: 26249MAQ0<br>LEI: 254900I0IPNA482LDS44 | Long             | ABS-CBDO         | CORP              | KY        |    367868 | PA      | $367358.39    | 0.01%             | 2031-01-15      | Floating      | 5.33%                 | No            |                  2 | On Loan: No      |
| ANGEL OAK MORTGAGE TRUST 2024-4                                                      | AOMT 2024-4 A3                                                                                                                                         | CUSIP: 034943AC4<br>LEI: 25490046TFINGL6XED11 | Long             | ABS-O            | CORP              | US        |    513644 | PA      | $517043.75    | 0.02%             | 2069-01-25      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| AMFAM HOLDINGS INC                                                                   | AMFAHI 2.805 03/11/31 144A                                                                                                                             | CUSIP: 03115AAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1578931.52   | 0.06%             | 2031-03-11      | Fixed         | 2.81%                 | No            |                  2 | On Loan: No      |
| ANZ GROUP HOLDINGS LTD                                                               | ANZ V5.816 06/18/36 144A                                                                                                                               | CUSIP: 052528AV8<br>LEI: 9845005D9C6BAA10BK72 | Long             | DBT              | CORP              | AU        |   2170000 | PA      | $2207844.43   | 0.08%             | 2036-06-18      | Fixed         | 5.82%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans Inc                                                       | RALI 2006-QO2 A1                                                                                                                                       | CUSIP: 761118VY1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1487218 | PA      | $240992.20    | 0.01%             | 2046-02-25      | Floating      | 4.23%                 | No            |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST 2024-AIRC                                               | BX 2024-AIRC B                                                                                                                                         | CUSIP: 12433CAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    867251 | PA      | $868064.21    | 0.03%             | 2041-08-15      | Floating      | 5.81%                 | No            |                  2 | On Loan: No      |
| CNO Financial Group, Inc.                                                            | CNO 6.45 06/15/34                                                                                                                                      | CUSIP: 12621EAM5<br>LEI: 11XPYHB76MPM4Y4P2897 | Long             | DBT              | CORP              | US        |   1440000 | PA      | $1485888.05   | 0.05%             | 2034-06-15      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| Acore 2026-FL1 Issuer LLC                                                            | ACORE 2026-FL1 AS                                                                                                                                      | CUSIP: 00485EAC7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1250000 | PA      | $1247988.38   | 0.04%             | 2043-08-20      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| Cars Db4 LP                                                                          | CAUTO 2020-1A A6                                                                                                                                       | CUSIP: 12510HAF7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2196094 | PA      | $2076639.65   | 0.07%             | 2050-02-15      | Fixed         | 3.81%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                                                      | CDS CDX.NA.HY.43.V1                                                                                                                                    | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              | CORP              | US        |         1 | NC      | $-162837.99   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Reinsurance Group of America, Incorporated                                           | RGA V6.375 09/15/56                                                                                                                                    | CUSIP: 759351AV1<br>LEI: LORM1GNEU1DKEW527V90 | Long             | DBT              | CORP              | US        |    900000 | PA      | $869941.17    | 0.03%             | 2056-09-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY CAPITAL SERVICES LLC                                                  | SWOP IRS USD                                                                                                                                           | CUSIP: 000000000<br>LEI: I7331LVCZKQKX5T7XV54 | N/A              | DIR              | CORP              | US        |  20303000 | NC      | $139786.55    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CARLYLE US CLO 2024-4 LTD                                                            | CGMS 2024-4A B                                                                                                                                         | CUSIP: 142914AE0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1001652.70   | 0.04%             | 2037-07-20      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| HV EIGHT LLC SENIOR SECURED TL                                                       | HV EIGHT LLC SENIOR SECURED TL                                                                                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2918141 | PA      | $3354507.04   | 0.12%             | 2037-11-15      | Floating      | 5.50%                 | No            |                  3 | On Loan: No      |
| CROSS 2025-H1 MORTGAGE TRUST                                                         | CROSS 2025-H1 A3                                                                                                                                       | CUSIP: 22758NAE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    756514 | PA      | $759436.02    | 0.03%             | 2070-02-25      | Variable      | 5.99%                 | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                                                                    | SWOP IRS USD                                                                                                                                           | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DIR              | CORP              | GB        | -20304000 | NC      | $-46195.77    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CTL - AZ BATTERY PROPERTY LLC                                                        | CTL - AZ BATTERY PROPERTY LLC                                                                                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1420000 | PA      | $1407057.14   | 0.05%             | 2046-02-20      | Fixed         | 6.73%                 | No            |                  3 | On Loan: No      |
| United States Treasury Notes                                                         | T 3.75 08/31/31                                                                                                                                        | CUSIP: 91282CLJ8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  44220000 | PA      | $43670704.47  | 1.55%             | 2031-08-31      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Viper Energy Partners LLC                                                            | VNOM 5.7 08/01/35                                                                                                                                      | CUSIP: 92764MAB0<br>LEI: 54930010ZZ02MRGRI973 | Long             | DBT              | CORP              | US        |   2200000 | PA      | $2217182.00   | 0.08%             | 2035-08-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| United Air Lines, Inc.                                                               | UAL 5.8 01/15/36                                                                                                                                       | CUSIP: 90932LAJ6<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | ABS-O            | CORP              | US        |   1320411 | PA      | $1359071.46   | 0.05%             | 2036-01-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                                                | FN MA4599                                                                                                                                              | CUSIP: 31418EDD9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  16216136 | PA      | $14275628.75  | 0.51%             | 2052-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| TIF FUNDING III LLC                                                                  | TIF 2024-1A A                                                                                                                                          | CUSIP: 88655AAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2337500 | PA      | $2347250.41   | 0.08%             | 2049-04-20      | Fixed         | 5.48%                 | No            |                  2 | On Loan: No      |
| CHEST 2023-1                                                                         | CHEST 2023-1                                                                                                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    850000 | PA      | $875889.98    | 0.03%             | 2043-03-23      | Fixed         | 7.12%                 | No            |                  3 | On Loan: No      |
| Morgan Stanley                                                                       | MS V5.942 02/07/39                                                                                                                                     | CUSIP: 61747YFM2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    975000 | PA      | $996691.41    | 0.04%             | 2039-02-07      | Fixed         | 5.94%                 | No            |                  2 | On Loan: No      |
| Blue Owl Finance Llc                                                                 | OWL 6.25 04/18/34                                                                                                                                      | CUSIP: 09581JAT3<br>LEI: 254900OF2NO2GYFV5T41 | Long             | DBT              | CORP              | US        |    970000 | PA      | $932540.28    | 0.03%             | 2034-04-18      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Marriott International, Inc.                                                         | MAR 5.1 05/01/38                                                                                                                                       | CUSIP: 571903BZ5<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |   2320000 | PA      | $2205601.59   | 0.08%             | 2038-05-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Beacon Funding Trust                                                                 | LIBMUT 6.266 08/15/54                                                                                                                                  | CUSIP: 073952AB9<br>LEI: 984500A80A2EBF5A7C93 | Long             | DBT              | CORP              | US        |   1350000 | PA      | $1334120.73   | 0.05%             | 2054-08-15      | Fixed         | 6.27%                 | No            |                  2 | On Loan: No      |
| STORE MASTER FUNDING I LLC                                                           | STR 2021-1A A2                                                                                                                                         | CUSIP: 86190BAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1952500 | PA      | $1649384.87   | 0.06%             | 2051-06-20      | Fixed         | 2.96%                 | No            |                  2 | On Loan: No      |
| Sysco Corporation                                                                    | SYY 4.95 03/25/36                                                                                                                                      | CUSIP: 871829BX4<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | DBT              | CORP              | US        |    900000 | PA      | $857984.43    | 0.03%             | 2036-03-25      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| SUBWAY FUNDING LLC                                                                   | SUBWAY 2024-1A A2I                                                                                                                                     | CUSIP: 864300AA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    790000 | PA      | $795098.27    | 0.03%             | 2054-07-30      | Fixed         | 6.03%                 | No            |                  2 | On Loan: No      |
| ACHM TRUST 2025-HE1                                                                  | ACHM 2025-HE1 A                                                                                                                                        | CUSIP: 00449SAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    798102 | PA      | $807626.61    | 0.03%             | 2055-03-25      | Variable      | 5.92%                 | No            |                  2 | On Loan: No      |
| British Telecommunications PLC                                                       | BRITEL V4.875 11/23/81 144A                                                                                                                            | CUSIP: 11102AAG6<br>LEI: 549300OWFMSO9NYV4H90 | Long             | DBT              | CORP              | GB        |   2900000 | PA      | $2764429.93   | 0.10%             | 2081-11-23      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| CASTLELAKE AIRCRAFT STRUCTURED TRUS                                                  | CLAST 2025-1A A                                                                                                                                        | CUSIP: 14856VAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1678111 | PA      | $1690103.03   | 0.06%             | 2050-02-15      | Fixed         | 5.78%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE SA                                                                   | ACAFP F 09/11/28 144A                                                                                                                                  | CUSIP: 22535WAM9<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |    990000 | PA      | $994344.77    | 0.04%             | 2028-09-11      | Floating      | 4.84%                 | No            |                  2 | On Loan: No      |
| LOANCORE 2021-CRE5 ISSUER LTD                                                        | LNCR 2021-CRE5 C                                                                                                                                       | CUSIP: 53947XAJ1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   7500000 | PA      | $7468413.00   | 0.27%             | 2036-07-15      | Floating      | 6.14%                 | No            |                  2 | On Loan: No      |
| Global Atlantic Finance Co.                                                          | GBLATL V7.95 10/15/54 144A                                                                                                                             | CUSIP: 37959GAG2<br>LEI: 98450051B2E65CAA7E94 | Long             | DBT              | CORP              | US        |    650000 | PA      | $625860.24    | 0.02%             | 2054-10-15      | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| Assured Guaranty US Holdings Inc.                                                    | AGO 3.6 09/15/51                                                                                                                                       | CUSIP: 04621WAE0<br>LEI: 5493007YCE0652G9TZ64 | Long             | DBT              | CORP              | US        |    800000 | PA      | $540109.24    | 0.02%             | 2051-09-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Gs Mortgage Securities Trust 2020-GSA2                                               | GSMS 2020-GSA2 B                                                                                                                                       | CUSIP: 36264KBA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8000000 | PA      | $6627845.60   | 0.24%             | 2053-12-12      | Fixed         | 2.34%                 | No            |                  2 | On Loan: No      |
| Entergy Louisiana LLC                                                                | ETR 5.65 04/15/56                                                                                                                                      | CUSIP: 29364WBS6<br>LEI: 0V5453U14HDZO63CGH17 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1056725.96   | 0.04%             | 2056-04-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Federal Farm Credit Banks                                                            | FFCB 3.51 06/11/40                                                                                                                                     | CUSIP: 3133EJKT5<br>LEI: 254900C5LP6DN9OP9V83 | Long             | DBT              | USGSE             | US        |   3300000 | PA      | $2832145.80   | 0.10%             | 2040-06-11      | Fixed         | 3.51%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                                                         | T 1.75 08/15/41                                                                                                                                        | CUSIP: 912810TA6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 116300000 | PA      | $77752910.45  | 2.76%             | 2041-08-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Santander UK Group Holdings PLC                                                      | SANUK V5.136 09/22/36                                                                                                                                  | CUSIP: 80281LAY1<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |   1260000 | PA      | $1216736.49   | 0.04%             | 2036-09-22      | Fixed         | 5.14%                 | No            |                  2 | On Loan: No      |
| NiSource Inc.                                                                        | NI V5.75 07/15/56                                                                                                                                      | CUSIP: 65473PAY1<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |   1075000 | PA      | $1058644.63   | 0.04%             | 2056-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| GOLUB CAPITAL PARTNERS CLO 16(M)-R2 LP                                               | GOCAP 2013-16A A2R3                                                                                                                                    | CUSIP: 38181EAE0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    400000 | PA      | $400048.64    | 0.01%             | 2039-08-09      | Floating      | 5.41%                 | No            |                  2 | On Loan: No      |
| QTS CORP                                                                             | QTS CORP                                                                                                                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  11250000 | PA      | $11092640.49  | 0.39%             | 2032-08-21      | Fixed         | 5.42%                 | No            |                  3 | On Loan: No      |
| Dryden 37 Senior Loan Fund                                                           | DRSLF 2015-37A SUB                                                                                                                                     | CUSIP: 26249YAE1<br>LEI: 254900I0IPNA482LDS44 | Long             | ABS-CBDO         | CORP              | KY        |    298799 | PA      | $533.39       | 0.00%             | 2031-01-15      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| Cd 2016-Cd1 Mortgage Trust                                                           | CD 2016-CD1 XA                                                                                                                                         | CUSIP: 12514MBD6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1595943 | PA      | $68.63        | 0.00%             | 2049-08-12      | Variable      | 1.33%                 | No            |                  2 | On Loan: No      |
| Grand River Funding Trust II                                                         | JXN 7.28 02/15/56 144A                                                                                                                                 | CUSIP: 38644CAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3230000 | PA      | $3378581.36   | 0.12%             | 2056-02-15      | Fixed         | 7.28%                 | No            |                  2 | On Loan: No      |
| RGA Global Funding                                                                   | RGA 5.05 12/06/31 144A                                                                                                                                 | CUSIP: 76209PAF0<br>LEI: 549300Y22K5FOEBMSK42 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1300171.44   | 0.05%             | 2031-12-06      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| JEFFERIES FINANCE LLC / JFIN CO-ISSUER CORP                                          | JEFFIN 5 08/15/28                                                                                                                                      | CUSIP: 47232MAF9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2450000 | PA      | $2283061.17   | 0.08%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                                                    | HSBC V4.619 11/06/31                                                                                                                                   | CUSIP: 404280FE4<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   1080000 | PA      | $1065000.73   | 0.04%             | 2031-11-06      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| VOYA CLO 2024-2 LTD                                                                  | VOYA 2024-2A B                                                                                                                                         | CUSIP: 92920HAE6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1002002.90   | 0.04%             | 2037-07-20      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| CAPMARK MILITARY HOUSING TR XXIX                                                     | CPMRK 2006-RILY A1                                                                                                                                     | CUSIP: 14066AAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2158792 | PA      | $1937132.59   | 0.07%             | 2051-07-10      | Variable      | 6.15%                 | No            |                  3 | On Loan: No      |
| SWITCH ABS ISSUER LLC                                                                | SWTCH 2025-1A A2                                                                                                                                       | CUSIP: 871044AL7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3050000 | PA      | $2938505.73   | 0.10%             | 2055-03-25      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| Brookfield Finance Inc.                                                              | BNCN 5.675 01/15/35                                                                                                                                    | CUSIP: 11271LAM4<br>LEI: 549300XH8D8K6OYWGD17 | Long             | DBT              | CORP              | CA        |    300000 | PA      | $302584.22    | 0.01%             | 2035-01-15      | Fixed         | 5.67%                 | No            |                  2 | On Loan: No      |
| F&G Global Funding                                                                   | FG 5.875 01/16/30 144A                                                                                                                                 | CUSIP: 30321L2J0<br>LEI: 6354009CCUKJIZ7KFX73 | Long             | DBT              | CORP              | US        |   3700000 | PA      | $3746282.30   | 0.13%             | 2030-01-16      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION                                                     | VIX E 2026-04-15 PUT 20                                                                                                                                | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               | CORP              | US        |     -1062 | NC      | $-28143.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Venture Global Plaquemines Lng LLC                                                   | VEGLPL 6.125 12/15/30 144A                                                                                                                             | CUSIP: 922966AE6<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |   1125000 | PA      | $1156979.25   | 0.04%             | 2030-12-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| WSP Global Inc                                                                       | WSPCN 5.714 09/18/36 144A                                                                                                                              | CUSIP: 92938WAH6<br>LEI: 549300IQ87LU6X6ERQ78 | Long             | DBT              | CORP              | CA        |   1300000 | PA      | $1288304.77   | 0.05%             | 2036-09-18      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| Five Guys Funding LLC                                                                | GUYS 2023-1A A2                                                                                                                                        | CUSIP: 33830JAE5<br>LEI: 549300LV8X8T05G1H175 | Long             | ABS-O            | CORP              | US        |   2024375 | PA      | $2061874.52   | 0.07%             | 2054-01-25      | Fixed         | 7.55%                 | No            |                  2 | On Loan: No      |
| Royal Caribbean Cruises Ltd.                                                         | RCL 5.25 02/27/38                                                                                                                                      | CUSIP: 78017TAD5<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |   1600000 | PA      | $1522104.14   | 0.05%             | 2038-02-27      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| OBX 2024-NQM3 TRUST                                                                  | OBX 2024-NQM3 A3                                                                                                                                       | CUSIP: 67118KAC7<br>LEI: 2549001QDCO9VU0HH514 | Long             | ABS-O            | CORP              | US        |    531000 | PA      | $533072.56    | 0.02%             | 2063-12-25      | Variable      | 6.43%                 | No            |                  2 | On Loan: No      |
| COLT MORTGAGE LN TR 2024-2                                                           | COLT 2024-2 A3                                                                                                                                         | CUSIP: 12665LAC8<br>LEI: 213800Z2Q6LED8DB8K38 | Long             | ABS-O            | CORP              | US        |    262614 | PA      | $263919.60    | 0.01%             | 2069-04-25      | Variable      | 6.43%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FN CC0431                                                                                                                                              | CUSIP: 3140Y6PR5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  12869016 | PA      | $12958201.26  | 0.46%             | 2055-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FIGRE TRUST 2025-HE1                                                                 | FIGRE 2025-HE1 B                                                                                                                                       | CUSIP: 30191LAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    982690 | PA      | $988807.47    | 0.04%             | 2055-01-25      | Variable      | 5.93%                 | No            |                  2 | On Loan: No      |
| EAGLE POINT 1L TL                                                                    | EAGLE POINT 1L TL                                                                                                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1150000 | PA      | $1150000.00   | 0.04%             | 2028-03-31      | Floating      | 7.44%                 | No            |                  3 | On Loan: No      |
| Dreyfus Treasury Securities Cash Management                                          | Dreyfus Treasury Securities Cash Management INSTL SHS                                                                                                  | CUSIP: 261941108<br>LEI: 549300U78VESCW509025 | Long             | STIV             | RF                | US        |  18867821 | NS      | $18867820.58  | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Energy Transfer LP                                                                   | ET 7.375 02/01/31 144A                                                                                                                                 | CUSIP: 226373AT5<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    710000 | PA      | $736421.53    | 0.03%             | 2031-02-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Liberty Mutual Group, Inc.                                                           | LIBMUT V4.125 12/15/51 144A                                                                                                                            | CUSIP: 53079EBM5<br>LEI: QUR0DG15Z6FFGYCHH861 | Long             | DBT              | CORP              | US        |   5800000 | PA      | $5666056.37   | 0.20%             | 2051-12-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| JP MORGAN MORTGAGE TRUST 2026-CES1                                                   | JPMMT 2026-CES1 A1A                                                                                                                                    | CUSIP: 46660BAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2037783 | PA      | $2021475.74   | 0.07%             | 2056-06-26      | Variable      | 4.91%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                                                         | T 1.875 02/15/41                                                                                                                                       | CUSIP: 912810SW9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  55820000 | PA      | $38670613.42  | 1.37%             | 2041-02-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| GCAT 2022-NQM3 TRUST                                                                 | GCAT 2022-NQM3 A3                                                                                                                                      | CUSIP: 36168MAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2625996 | PA      | $2495946.41   | 0.09%             | 2067-04-25      | Variable      | 4.35%                 | No            |                  2 | On Loan: No      |
| OBX 2025-NQM2 TRUST                                                                  | OBX 2025-NQM2 A3                                                                                                                                       | CUSIP: 67120VAC9<br>LEI: 2549006BC0G3YEF5SL09 | Long             | ABS-O            | CORP              | US        |    952794 | PA      | $959776.43    | 0.03%             | 2064-11-25      | Variable      | 5.95%                 | No            |                  2 | On Loan: No      |
| Servpro Master Issuer Llc                                                            | SPRO 2021-1A A2                                                                                                                                        | CUSIP: 817743AE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4143375 | PA      | $3937392.50   | 0.14%             | 2051-04-25      | Fixed         | 2.39%                 | No            |                  2 | On Loan: No      |
| Golub Capital Partners CLO 83 M                                                      | GOCAP 2025-83A B                                                                                                                                       | CUSIP: 38182EAE9<br>LEI: 254900VLZT72CPBHZ909 | Long             | ABS-CBDO         | CORP              | US        |   3000000 | PA      | $2989599.00   | 0.11%             | 2038-11-09      | Floating      | 5.54%                 | No            |                  2 | On Loan: No      |
| Southern Co.                                                                         | SO V3.75 09/15/51 21-A                                                                                                                                 | CUSIP: 842587DJ3<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |    322000 | PA      | $318795.75    | 0.01%             | 2051-09-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                                       | C V6.875 PERP GG                                                                                                                                       | CUSIP: 17327CBC6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   2300000 | PA      | $2316233.40   | 0.08%             | N/A             | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Avilease Capital Ltd.                                                                | AVILES 4.75 11/12/30 144A                                                                                                                              | CUSIP: 05370HAA1<br>LEI: 635400SXOPVAVBWNE366 | Long             | DBT              | CORP              | KY        |   1475000 | PA      | $1435381.57   | 0.05%             | 2030-11-12      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| PROJECT ONYX I                                                                       | PROJECT ONYX I                                                                                                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4349086 | PA      | $4343700.92   | 0.15%             | 2030-06-26      | Floating      | 6.58%                 | No            |                  3 | On Loan: No      |
| Bank of America Corp.                                                                | BAC V6.25 PERP                                                                                                                                         | CUSIP: 06055HAK9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    900000 | PA      | $905420.70    | 0.03%             | N/A             | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Copper River CLO Ltd                                                                 | Copper River CLO Ltd                                                                                                                                   | CUSIP: 217563AC9<br>LEI: 5493005HHHXVM8NBWY47 | Long             | ABS-CBDO         | CORP              | KY        |    700000 | PA      | $70.00        | 0.00%             | 2021-01-20      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Nippon Life Insurance Co.                                                            | NIPLIF V2.75 01/21/51 144A                                                                                                                             | CUSIP: 654579AH4<br>LEI: 549300Y0HHMFW3EVWY08 | Long             | DBT              | CORP              | JP        |   8150000 | PA      | $7176787.31   | 0.25%             | 2051-01-21      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                             | G2-30YR-Multi                                                                                                                                          | CUSIP: 21H050664<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |  71791548 | PA      | $70840141.28  | 2.52%             | 2056-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                     | FR RJ2454                                                                                                                                              | CUSIP: 3142GSWQ7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1685659 | PA      | $1743603.09   | 0.06%             | 2054-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FIGRE TRUST 2025-HE8                                                                 | FIGRE 2025-HE8 A                                                                                                                                       | CUSIP: 30191WAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1788863 | PA      | $1777651.01   | 0.06%             | 2055-11-25      | Variable      | 5.21%                 | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                                                                    | SWOP IRS USD                                                                                                                                           | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DIR              | CORP              | GB        | -23993000 | NC      | $-91324.11    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Alliant Energy Finance LLC                                                           | LNT 3.6 03/01/32 144A                                                                                                                                  | CUSIP: 01882YAD8<br>LEI: 54930033ER6EOI5DL570 | Long             | DBT              | CORP              | US        |   1120000 | PA      | $1035948.55   | 0.04%             | 2032-03-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| SONIC CAPITAL LLC                                                                    | SONIC 2020-1A A2II                                                                                                                                     | CUSIP: 83546DAJ7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    944167 | PA      | $905458.10    | 0.03%             | 2050-01-20      | Fixed         | 4.34%                 | No            |                  2 | On Loan: No      |
| ARES DIRECT LENDING CLO 5 LLC                                                        | ARESDL 2025-3A B                                                                                                                                       | CUSIP: 039973AE2<br>LEI: 254900FZTAJNX33DJ460 | Long             | ABS-CBDO         | CORP              | US        |   1850000 | PA      | $1844241.32   | 0.07%             | 2038-01-20      | Floating      | 5.58%                 | No            |                  2 | On Loan: No      |
| Sierra Pacific Power Company                                                         | BRKHEC V6.375 09/15/56                                                                                                                                 | CUSIP: 826418BS3<br>LEI: QB888G5GSVGE1LD1WV84 | Long             | DBT              | CORP              | US        |   3300000 | PA      | $3273033.06   | 0.12%             | 2056-09-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| SOLRR AIRCRAFT 2021-1 LTD                                                            | SOLRR 2021-1 A                                                                                                                                         | CUSIP: 83438LAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   2393477 | PA      | $2273082.12   | 0.08%             | 2046-10-15      | Fixed         | 2.64%                 | No            |                  2 | On Loan: No      |
| JP MORGAN MORTGAGE TRUST 2026-VIS1                                                   | JPMMT 2026-VIS1 A3                                                                                                                                     | CUSIP: 46660PAG3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1439834 | PA      | $1427796.34   | 0.05%             | 2066-06-01      | Variable      | 5.24%                 | No            |                  2 | On Loan: No      |
| ENEL Finance International N.V.                                                      | ENELIM 5.5 06/15/52 144A                                                                                                                               | CUSIP: 29278GAY4<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |   1080000 | PA      | $972341.90    | 0.03%             | 2052-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Foundry JV Holdco LLC.                                                               | FABSJV 6.2 01/25/37                                                                                                                                    | CUSIP: 350930AJ2<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1033387.29   | 0.04%             | 2037-01-25      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| MACH 1 CAYMAN LTD                                                                    | MAACH 2019-1 A                                                                                                                                         | CUSIP: 55446MAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    555460 | PA      | $550822.27    | 0.02%             | 2039-10-15      | Fixed         | 3.47%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FNMA-30YR                                                                                                                                              | CUSIP: 01F022659<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  72005000 | PA      | $60503889.05  | 2.15%             | 2056-05-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fnma Pass-Thru I                                                                     | FN BS0836                                                                                                                                              | CUSIP: 3140LA4W2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1910671 | PA      | $1408537.34   | 0.05%             | 2051-02-01      | Fixed         | 2.32%                 | No            |                  2 | On Loan: No      |
| TD Synnex Corp                                                                       | SNX 5.3 10/10/35                                                                                                                                       | CUSIP: 87162WAN0<br>LEI: 5493004HI6PFLF46NS53 | Long             | DBT              | CORP              | US        |   2550000 | PA      | $2470501.25   | 0.09%             | 2035-10-10      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| OBX 2024-NQM15 TRUST                                                                 | OBX 2024-NQM15 A2                                                                                                                                      | CUSIP: 67449DAB5<br>LEI: 254900YXEB756F6RCA13 | Long             | ABS-O            | CORP              | US        |   2264260 | PA      | $2273138.36   | 0.08%             | 2064-10-25      | Variable      | 5.57%                 | No            |                  2 | On Loan: No      |
| Venture Global Plaquemines Lng LLC                                                   | VEGLPL 6.5 06/15/34 144A                                                                                                                               | CUSIP: 922966AF3<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |   1075000 | PA      | $1119023.40   | 0.04%             | 2034-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Societe Generale S.A.                                                                | SOCGEN V5.249 05/22/29 144A                                                                                                                            | CUSIP: 83368RCH3<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |    300000 | PA      | $302911.24    | 0.01%             | 2029-05-22      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Mutual of Omaha Insurance Co                                                         | MUTOMA V6.144 01/16/64 144A                                                                                                                            | CUSIP: 628312AE0<br>LEI: P2LER0UPV1DKOU8RO042 | Long             | DBT              | CORP              | US        |    850000 | PA      | $857090.80    | 0.03%             | 2064-01-16      | Fixed         | 6.14%                 | No            |                  2 | On Loan: No      |
| Station Place Securitization T                                                       | Station Place Securitization Trust Series 2025-SP1                                                                                                     | CUSIP: 85772TAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4500000 | PA      | $4500000.00   | 0.16%             | 2026-07-02      | Floating      | 4.97%                 | No            |                  3 | On Loan: No      |
| Federal National Mortgage Association                                                | FN CB9155                                                                                                                                              | CUSIP: 3140QVE59<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2821146 | PA      | $2918974.58   | 0.10%             | 2054-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FIGRE TRUST 2026-HE2                                                                 | FIGRE 2026-HE2 B                                                                                                                                       | CUSIP: 31684VAD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1650000 | PA      | $1632649.92   | 0.06%             | 2056-01-25      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| GOLUB CAPITAL PARTNERS CLO 54M-R LTD                                                 | GOCAP 2021-54A A2R                                                                                                                                     | CUSIP: 38181GAC9<br>LEI: 2549007JA1TZWEDGPD41 | Long             | ABS-CBDO         | CORP              | US        |   1400000 | PA      | $1400101.50   | 0.05%             | 2037-08-05      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                                                         | ORCL 5.875 09/26/45                                                                                                                                    | CUSIP: 68389XDP7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    700000 | PA      | $603918.58    | 0.02%             | 2045-09-26      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| BRSP 2026-FL3 Ltd / BRSP 2026-FL3 LLC                                                | BRSP 2026-FL3 B                                                                                                                                        | CUSIP: 116686AE6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2700000 | PA      | $2688345.45   | 0.10%             | 2043-08-19      | Floating      | 5.63%                 | No            |                  2 | On Loan: No      |
| Golub Capital Partners Clo 69 (M) -R                                                 | GOCAP 2023-69A BR                                                                                                                                      | CUSIP: 38182GAC8<br>LEI: 2549004WBNSFGOX1MY52 | Long             | ABS-CBDO         | CORP              | US        |   8250000 | PA      | $8221515.23   | 0.29%             | 2038-11-09      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc.                                                            | GS V4.017 10/31/38                                                                                                                                     | CUSIP: 38148YAA6<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   1170000 | PA      | $1021355.22   | 0.04%             | 2038-10-31      | Fixed         | 4.02%                 | No            |                  2 | On Loan: No      |
| American Electric Power Co, Inc.                                                     | AEP V5.8 03/15/56 C                                                                                                                                    | CUSIP: 02557TAE9<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |    650000 | PA      | $642079.75    | 0.02%             | 2056-03-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| DT Midstream Inc                                                                     | DTMINC 5.8 12/15/34 144A                                                                                                                               | CUSIP: 23345MAD9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2450000 | PA      | $2515409.61   | 0.09%             | 2034-12-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc.                                 | RKT 3.875 03/01/31 144A                                                                                                                                | CUSIP: 74841CAB7<br>LEI: 549300FGXN1K3HLB1R50 | Long             | DBT              | CORP              | US        |   3150000 | PA      | $2906751.02   | 0.10%             | 2031-03-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ICON Investments Six DAC                                                             | ICLR 5.809 05/08/27                                                                                                                                    | CUSIP: 45115AAA2<br>LEI: 635400FQ1M7J2CHLAS59 | Long             | DBT              | CORP              | IE        |   1100000 | PA      | $1105569.61   | 0.04%             | 2027-05-08      | Fixed         | 5.81%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                         | T 4.125 03/31/31                                                                                                                                       | CUSIP: 91282CKF7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  35832400 | PA      | $36085746.18  | 1.28%             | 2031-03-31      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| VB-S1 ISSUER LLC                                                                     | VBTEL 2024-1A C2                                                                                                                                       | CUSIP: 91823ABC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2350000 | PA      | $2366838.22   | 0.08%             | 2054-05-15      | Fixed         | 5.59%                 | No            |                  2 | On Loan: No      |
| Western Midstream Operating LP                                                       | WES 5.3 03/01/48                                                                                                                                       | CUSIP: 958254AJ3<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |   1140000 | PA      | $963573.19    | 0.03%             | 2048-03-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TR 2024-9                                                       | VERUS 2024-9 A3                                                                                                                                        | CUSIP: 92540RAE4<br>LEI: 213800LFRCPWSTP6LX39 | Long             | ABS-O            | CORP              | US        |   2015475 | PA      | $2022674.20   | 0.07%             | 2069-11-25      | Variable      | 5.89%                 | No            |                  2 | On Loan: No      |
| Allianz SE                                                                           | ALVGR V3.2 PERP 144A                                                                                                                                   | CUSIP: 018820AB6<br>LEI: 529900K9B0N5BT694847 | Long             | DBT              | CORP              | DE        |   5000000 | PA      | $4661339.35   | 0.17%             | N/A             | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| ELDRIDGE CLO 2025-1 LTD                                                              | ELD 2025-1A B                                                                                                                                          | CUSIP: 284913AE0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   3000000 | PA      | $2996771.10   | 0.11%             | 2038-10-20      | Floating      | 5.33%                 | No            |                  2 | On Loan: No      |
| Oneok Inc.                                                                           | OKE 6.25 10/15/55                                                                                                                                      | CUSIP: 682680DD2<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    725000 | PA      | $710755.62    | 0.03%             | 2055-10-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust 2025-6                                                        | SEMT 2025-6 A11                                                                                                                                        | CUSIP: 81749YAL5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    634645 | PA      | $635096.45    | 0.02%             | 2055-07-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Global Atlantic Finance Co.                                                          | GBLATL V7.25 03/01/56 144A                                                                                                                             | CUSIP: 37959GAH0<br>LEI: 98450051B2E65CAA7E94 | Long             | DBT              | CORP              | US        |   3730000 | PA      | $3515757.38   | 0.12%             | 2056-03-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| ANGEL OAK MORTGAGE TRUST 2023-1                                                      | AOMT 2023-1 A3                                                                                                                                         | CUSIP: 03465WAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1153479 | PA      | $1148670.06   | 0.04%             | 2067-09-25      | Variable      | 4.75%                 | No            |                  2 | On Loan: No      |
| TARRANT CNTY TEX CULTURAL ED FACS FIN CORP                                           | TX TAREDU 2.78 09/01/2034                                                                                                                              | CUSIP: 87638QRF8<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |    700000 | PA      | $605470.04    | 0.02%             | 2034-09-01      | Fixed         | 2.78%                 | No            |                  2 | On Loan: No      |
| COLT 2025-3 MORTGAGE LOAN TRUST                                                      | COLT 2025-3 A2                                                                                                                                         | CUSIP: 12674LAB9<br>LEI: 2138001CIB6QBPMZRF93 | Long             | ABS-O            | CORP              | US        |    701847 | PA      | $702025.61    | 0.02%             | 2070-03-25      | Variable      | 5.55%                 | No            |                  2 | On Loan: No      |
| BRAVO RESIDENTIAL FUNDING TRUST 2023-NQM8                                            | BRAVO 2023-NQM8 A3                                                                                                                                     | CUSIP: 10567MAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    807191 | PA      | $812222.26    | 0.03%             | 2063-10-25      | Variable      | 7.10%                 | No            |                  2 | On Loan: No      |
| PILATUS 1 CFO SR NOTES                                                               | PILATUS 1 CFO SR NOTES                                                                                                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1100000.00   | 0.04%             | 2040-03-31      | Fixed         | 6.46%                 | No            |                  3 | On Loan: No      |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH                                                 | CA CASGEN 7.14 08/15/2047                                                                                                                              | CUSIP: 13080SL93<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1160000 | PA      | $1217591.80   | 0.04%             | 2047-08-15      | Fixed         | 7.14%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FN BS2793                                                                                                                                              | CUSIP: 3140LDC72<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1112785 | PA      | $835248.21    | 0.03%             | 2051-10-01      | Fixed         | 2.58%                 | No            |                  2 | On Loan: No      |
| MetLife Inc.                                                                         | MET V5.85 03/15/56 .                                                                                                                                   | CUSIP: 59156RCR7<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1079641.07   | 0.04%             | 2056-03-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| CSAIL 2019-C15 COMMERCIAL MORTGAGE TRUST                                             | CSAIL 2019-C15 XA                                                                                                                                      | CUSIP: 22945DAL7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  10740852 | PA      | $238498.48    | 0.01%             | 2052-03-15      | Variable      | 0.99%                 | No            |                  2 | On Loan: No      |
| Pershing Square Tontine Holdings Ltd                                                 | Pershing Square Tontine Holdings Ltd SHS                                                                                                               | CUSIP: 715ESC018<br>LEI: 549300ZDVEYEVCF35B08 | Long             | EC               | CORP              | US        |    622890 | NS      | $62.29        | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| CLIFFWATER CORPORATE LENDING FUND                                                    | CLIFFWATER CORPORATE LENDING FUND                                                                                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1550000 | PA      | $1593800.11   | 0.06%             | 2028-08-04      | Fixed         | 6.77%                 | No            |                  3 | On Loan: No      |
| Cox Communications, Inc.                                                             | COXENT 2.95 10/01/50 144A                                                                                                                              | CUSIP: 224044CM7<br>LEI: 5493001NEDZNIFRP2R92 | Long             | DBT              | CORP              | US        |   2081000 | PA      | $1121850.35   | 0.04%             | 2050-10-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.                                                     | Options on Three-Month SOFR Futures                                                                                                                    | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              | CORP              | US        |      1154 | NC      | $317350.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| JP MORGAN MORTGAGE TRUST 2026-CES1                                                   | JPMMT 2026-CES1 A1B                                                                                                                                    | CUSIP: 46660BAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2037783 | PA      | $2021462.69   | 0.07%             | 2056-06-26      | Variable      | 4.96%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC SEASONED CREDIT RISK TRANSFER TRUST SERIES 2020-2                        | SCRT 2020-2 MT                                                                                                                                         | CUSIP: 35563PQN2<br>LEI: N/A                  | Long             | ABS-O            | USGSE             | US        |   1029145 | PA      | $826757.99    | 0.03%             | 2059-11-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                                                         | ORCL 4.8 09/26/32                                                                                                                                      | CUSIP: 68389XDK8<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    925000 | PA      | $880921.82    | 0.03%             | 2032-09-26      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| The Bank of New York Mellon Corp.                                                    | BK V5.625 PERP M                                                                                                                                       | CUSIP: 064058AS9<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |   1875000 | PA      | $1836206.06   | 0.07%             | 2174-06-20      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust 2020-GC45                                               | GSMS 2020-GC45 XA                                                                                                                                      | CUSIP: 36258YBJ6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  17533346 | PA      | $329656.71    | 0.01%             | 2053-02-14      | Variable      | 0.61%                 | No            |                  2 | On Loan: No      |
| CARLYLE DIRECT LENDING CLO 2015-1R LLC                                               | CDLC 2015-1A A11A                                                                                                                                      | CUSIP: 14310QAN8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   2400000 | PA      | $2400556.08   | 0.09%             | 2036-07-15      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| CONSTAR INTL HLDGS LLC CLASS A PFD                                                   | CONSTAR INTL HLDGS LLC CLASS A PFD                                                                                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |         7 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| BENCHMARK 2018-B6 MORTGAGE TRUST                                                     | BMARK 2018-B6 XA                                                                                                                                       | CUSIP: 08162CAJ9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  27820090 | PA      | $204733.61    | 0.01%             | 2051-10-12      | Variable      | 0.39%                 | No            |                  2 | On Loan: No      |
| Eversource Energy                                                                    | ES V6.35 08/15/56 B                                                                                                                                    | CUSIP: 30040WBD9<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |    800000 | PA      | $789164.83    | 0.03%             | 2056-08-15      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                                          | SWOP IRS USD                                                                                                                                           | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DIR              | CORP              | FR        | -28875000 | NC      | $-84179.43    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Amazon Conservation DAC                                                              | AMCSRV 6.034 01/16/42 144A                                                                                                                             | CUSIP: 02315JAA2<br>LEI: 635400VMJ6EGNYN3YK31 | Long             | DBT              | CORP              | IE        |   1000000 | PA      | $1021000.00   | 0.04%             | 2042-01-16      | Fixed         | 6.03%                 | No            |                  2 | On Loan: No      |
| FALCON 2019-1 AEROSPACE LTD                                                          | FLCON 2019-1 A                                                                                                                                         | CUSIP: 30610GAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    300528 | PA      | $299329.08    | 0.01%             | 2039-09-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| MILL CITY SECURITIES 2024-RS1 LTD                                                    | MCMLT 2024-RS1 A1                                                                                                                                      | CUSIP: 599920AA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   2325053 | PA      | $2217600.37   | 0.08%             | 2069-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Citizens Financial Group Inc                                                         | CFG V6.645 04/25/35                                                                                                                                    | CUSIP: 174610BG9<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |    470000 | PA      | $503728.30    | 0.02%             | 2035-04-25      | Fixed         | 6.64%                 | No            |                  2 | On Loan: No      |
| BARCLAYS MORTGAGE LOAN TRUST 2026-CES1                                               | BARC 2026-CES1 A1A                                                                                                                                     | CUSIP: 06690CAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4364637 | PA      | $4322011.71   | 0.15%             | 2056-01-25      | Variable      | 4.84%                 | No            |                  2 | On Loan: No      |
| Targa Resources Corp.                                                                | TRGP 6.5 02/15/53                                                                                                                                      | CUSIP: 87612GAD3<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |    930000 | PA      | $954012.14    | 0.03%             | 2053-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FN MA5880                                                                                                                                              | CUSIP: 31418FRA7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    848697 | PA      | $865536.23    | 0.03%             | 2055-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| LAKE SHORE MM CLO I LTD                                                              | THLLS 2019-1A A1R                                                                                                                                      | CUSIP: 510800AC9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2296238 | PA      | $2301935.45   | 0.08%             | 2033-04-15      | Floating      | 5.63%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY CAPITAL SERVICES LLC                                                  | SWOP IRS USD                                                                                                                                           | CUSIP: 000000000<br>LEI: I7331LVCZKQKX5T7XV54 | N/A              | DIR              | CORP              | US        | -15968750 | NC      | $-73350.67    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FN CB9142                                                                                                                                              | CUSIP: 3140QVEQ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2972458 | PA      | $3024956.45   | 0.11%             | 2054-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| STWD 2025-FL4 LLC                                                                    | STWD 2025-FL4 B                                                                                                                                        | CUSIP: 863922AE0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1700000 | PA      | $1691586.02   | 0.06%             | 2042-11-19      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| Brookfield Finance Inc.                                                              | BNCN 3.625 02/15/52                                                                                                                                    | CUSIP: 11271LAJ1<br>LEI: 549300XH8D8K6OYWGD17 | Long             | DBT              | CORP              | CA        |    620000 | PA      | $419140.72    | 0.01%             | 2052-02-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. INTERNATIONAL PLC                                               | SWOP IRS USD                                                                                                                                           | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DIR              | CORP              | GB        |  43186000 | NC      | $236483.27    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| GCAT 2022-NQM3 TRUST                                                                 | GCAT 2022-NQM3 A1                                                                                                                                      | CUSIP: 36168MAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1463055 | PA      | $1458046.42   | 0.05%             | 2067-04-25      | Variable      | 4.35%                 | No            |                  2 | On Loan: No      |
| STRATEGIC PARTNERS FUND VIII LP                                                      | STRATEGIC PARTNERS FUND VIII LP                                                                                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1417435 | PA      | $1417495.36   | 0.05%             | 2028-03-31      | Floating      | 6.52%                 | No            |                  3 | On Loan: No      |
| Fortitude Group Holdings LLC                                                         | FORTRE 6.25 04/01/30 144A                                                                                                                              | CUSIP: 34966XAA6<br>LEI: 2549006R9ZUL08JFIH12 | Long             | DBT              | CORP              | US        |   1350000 | PA      | $1374788.94   | 0.05%             | 2030-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| STORE MASTER FUNDING I LLC                                                           | STR 2024-1A A2                                                                                                                                         | CUSIP: 86212XAM2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    930992 | PA      | $946087.51    | 0.03%             | 2054-05-20      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Charter Communications Operating, LLC/Charter Communications Operating Capital Corp. | CHTR 3.9 06/01/52                                                                                                                                      | CUSIP: 161175CA0<br>LEI: 549300TPZNMN50BJ3745 | Long             | DBT              | CORP              | US        |   1141000 | PA      | $726348.63    | 0.03%             | 2052-06-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Financial Group Inc.                                                 | SUMIBK V5.046 01/15/37                                                                                                                                 | CUSIP: 86562MEF3<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    975000 | PA      | $958862.26    | 0.03%             | 2037-01-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| OBX 2024-NQM3 TRUST                                                                  | OBX 2024-NQM3 A2                                                                                                                                       | CUSIP: 67118KAB9<br>LEI: 2549001QDCO9VU0HH514 | Long             | ABS-O            | CORP              | US        |    531000 | PA      | $533844.84    | 0.02%             | 2063-12-25      | Variable      | 6.33%                 | No            |                  2 | On Loan: No      |
| Societe Generale S.A.                                                                | SOCGEN V3.337 01/21/33 144A                                                                                                                            | CUSIP: 83368RBJ0<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |    490000 | PA      | $442298.68    | 0.02%             | 2033-01-21      | Fixed         | 3.34%                 | No            |                  2 | On Loan: No      |
| Allison Transmission                                                                 | Allison Transmission Term Loan B (Incremental) 175 2032-10-28                                                                                          | CUSIP: 01973KAJ5<br>LEI: MWKQ3I0U1GXP2YDSZW75 | Long             | LON              | CORP              | US        |   3050000 | PA      | $3057625.00   | 0.11%             | 2033-01-03      | Floating      | 5.61%                 | No            |                  2 | On Loan: No      |
| LOANCORE 2025-CRE9 ISSUER LLC                                                        | LNCR 2025-CRE9 AS                                                                                                                                      | CUSIP: 538912AC0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   2450000 | PA      | $2444993.92   | 0.09%             | 2042-08-18      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| COLT MORTGAGE LN TR 2024-2                                                           | COLT 2024-2 A2                                                                                                                                         | CUSIP: 12665LAB0<br>LEI: 213800Z2Q6LED8DB8K38 | Long             | ABS-O            | CORP              | US        |    262614 | PA      | $263973.65    | 0.01%             | 2069-04-25      | Variable      | 6.33%                 | No            |                  2 | On Loan: No      |
| Anchorage Credit Funding 4 Ltd.                                                      | ANCHF 2016-4A AR                                                                                                                                       | CUSIP: 03329TAG9<br>LEI: 549300VR9XUOV1E0U888 | Long             | ABS-CBDO         | CORP              | KY        |   7250000 | PA      | $7002796.75   | 0.25%             | 2039-04-27      | Fixed         | 2.72%                 | No            |                  2 | On Loan: No      |
| SMRT COMMERCIAL MORTGAGE TRUST 2022-MINI                                             | SMRT 2022-MINI D                                                                                                                                       | CUSIP: 78457JAL6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $1993750.00   | 0.07%             | 2039-01-18      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| SiriusPoint Ltd                                                                      | SPNT 7 04/05/29                                                                                                                                        | CUSIP: 82969BAA0<br>LEI: 549300OGXFI85N3YZZ51 | Long             | DBT              | CORP              | BM        |    960000 | PA      | $1001839.04   | 0.04%             | 2029-04-05      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| PROVIDENT FUNDING MORTGAGE TRUST 2025-1                                              | PFMT 2025-1 A3                                                                                                                                         | CUSIP: 74388NAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2014151 | PA      | $2015468.68   | 0.07%             | 2055-02-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| ACRES COMMERCIAL REALTY 2021-FL2 ISSUER LTD                                          | ACRES 2026-FL4 B                                                                                                                                       | CUSIP: 00501XAE1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1450000 | PA      | $1446239.43   | 0.05%             | 2044-08-18      | Variable      | 5.70%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FN MA5879                                                                                                                                              | CUSIP: 31418FQ91<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  85754282 | PA      | $86186423.30  | 3.06%             | 2055-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Equitable Holdings Inc                                                               | EQH V6.7 03/28/55                                                                                                                                      | CUSIP: 29452EAD3<br>LEI: 549300FIBAKMNHPZ4009 | Long             | DBT              | CORP              | US        |   2800000 | PA      | $2825734.80   | 0.10%             | 2055-03-28      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| Southern Co.                                                                         | SO V6 04/01/58                                                                                                                                         | CUSIP: 842587EJ2<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |   3925000 | PA      | $3944671.79   | 0.14%             | 2058-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| HOTWIRE FUNDING LLC                                                                  | HWIRE 2024-1A A2                                                                                                                                       | CUSIP: 44148JAH2<br>LEI: 254900ZCO90MCT7Y9348 | Long             | ABS-O            | CORP              | US        |   1950000 | PA      | $1972876.62   | 0.07%             | 2054-06-20      | Fixed         | 5.89%                 | No            |                  2 | On Loan: No      |
| Macquarie Bank Ltd.                                                                  | MQGAU 3.624 06/03/30 144A                                                                                                                              | CUSIP: 556079AC5<br>LEI: 4ZHCHI4KYZG2WVRT8631 | Long             | DBT              | CORP              | AU        |   2090000 | PA      | $1983278.35   | 0.07%             | 2030-06-03      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Financial Group Inc.                                                 | SUMIBK V5.57 01/15/47                                                                                                                                  | CUSIP: 86562MEG1<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    975000 | PA      | $943509.22    | 0.03%             | 2047-01-15      | Fixed         | 5.57%                 | No            |                  2 | On Loan: No      |
| SWITCH ABS ISSUER LLC                                                                | SWTCH 2024-2A A2                                                                                                                                       | CUSIP: 871044AE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4000000 | PA      | $3920955.20   | 0.14%             | 2054-06-25      | Fixed         | 5.44%                 | No            |                  2 | On Loan: No      |
| OWL ROCK CLO XVI LLC                                                                 | OR 2024-16A A                                                                                                                                          | CUSIP: 69120YAA3<br>LEI: 254900BHMAVJ8X5TCA77 | Long             | ABS-CBDO         | CORP              | US        |   5000000 | PA      | $5009989.00   | 0.18%             | 2036-04-21      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| Smithsonian Institution LLC                                                          | SMITHI 2.695 09/01/44                                                                                                                                  | CUSIP: 832432AC2<br>LEI: 549300ZJ87IUCDSX4306 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $2813720.08   | 0.10%             | 2044-09-01      | Fixed         | 2.69%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings Inc                                                  | NextEra Energy Capital Holdings Inc SERIES U JUNIOR SUBORDINATED DEBENTURES DUE JUNE 1, 2085                                                           | CUSIP: 65339K837<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | EP               | CORP              | US        |     17450 | NS      | $432934.50    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Stack Infrastructure Issuer Llc                                                      | SIDC 2024-1A A2                                                                                                                                        | CUSIP: 85236KAM4<br>LEI: 254900AV7V87H3A2WM57 | Long             | ABS-O            | CORP              | US        |   1250000 | PA      | $1259602.13   | 0.04%             | 2049-03-25      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| The Charles Schwab Corporation                                                       | SCHW V4 PERP H                                                                                                                                         | CUSIP: 808513BJ3<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |   8500000 | PA      | $7862816.03   | 0.28%             | N/A             | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| OBX 2025-NQM1 TRUST                                                                  | OBX 2025-NQM1 A3                                                                                                                                       | CUSIP: 673914AE7<br>LEI: 2549007E8KF1RJ2ZV866 | Long             | ABS-O            | CORP              | US        |    874607 | PA      | $877406.47    | 0.03%             | 2064-12-25      | Variable      | 5.85%                 | No            |                  2 | On Loan: No      |
| General Motors Company                                                               | GM 6.25 10/02/43                                                                                                                                       | CUSIP: 37045VAF7<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |    500000 | PA      | $491009.30    | 0.02%             | 2043-10-02      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| AMFAM HOLDINGS INC                                                                   | AMFAHI 3.833 03/11/51 144A                                                                                                                             | CUSIP: 03115AAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1350000 | PA      | $924051.66    | 0.03%             | 2051-03-11      | Fixed         | 3.83%                 | No            |                  2 | On Loan: No      |
| Tennessee Valley Authority                                                           | TVA 5.25 02/01/55                                                                                                                                      | CUSIP: 880591FC1<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |   4200000 | PA      | $4163905.20   | 0.15%             | 2055-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Residential Mortgage Loan Trust 2024-Nqm3                             | MSRM 2024-NQM3 A1                                                                                                                                      | CUSIP: 61776UAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    608216 | PA      | $606374.18    | 0.02%             | 2069-07-25      | Variable      | 5.04%                 | No            |                  2 | On Loan: No      |
| OBX TRUST2024-NQM5                                                                   | OBX 2024-NQM5 A3                                                                                                                                       | CUSIP: 67448NAC2<br>LEI: 254900RDM4XSF0B1E373 | Long             | ABS-O            | CORP              | US        |    499663 | PA      | $502309.91    | 0.02%             | 2064-01-25      | Variable      | 6.39%                 | No            |                  2 | On Loan: No      |
| American National Group Inc.                                                         | ANGINC 5 06/15/27                                                                                                                                      | CUSIP: 025676AM9<br>LEI: 549300RK5RZQ740FPL83 | Long             | DBT              | CORP              | US        |   4521000 | PA      | $4496139.79   | 0.16%             | 2027-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OWL ROCK CLO XXIV LLC                                                                | OR 2026-24A B                                                                                                                                          | CUSIP: 69122KAC7<br>LEI: 254900KMIN8B894DGS50 | Long             | ABS-CBDO         | CORP              | US        |   3600000 | PA      | $3587619.60   | 0.13%             | 2038-01-22      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| PRPM 2024-RPL2 LLC                                                                   | PRPM 2024-RPL2 A1                                                                                                                                      | CUSIP: 69381DAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1604209 | PA      | $1564319.45   | 0.06%             | 2054-05-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| GCAT 2023-NQM3 TRUST                                                                 | GCAT 2023-NQM3 A3                                                                                                                                      | CUSIP: 36169GAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1093487 | PA      | $1099587.11   | 0.04%             | 2068-08-25      | Variable      | 7.34%                 | No            |                  2 | On Loan: No      |
| CF HIPPOLYTA ISSUER LLC                                                              | SORT 2022-1A A2                                                                                                                                        | CUSIP: 12530MAM7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2636026 | PA      | $2587980.21   | 0.09%             | 2062-08-15      | Fixed         | 6.11%                 | No            |                  2 | On Loan: No      |
| SVC ABS LLC                                                                          | SVC 2023-1A A                                                                                                                                          | CUSIP: 78487JAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3199896 | PA      | $3186266.52   | 0.11%             | 2053-02-20      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Athene Global Funding                                                                | ATH 2.673 06/07/31 144A                                                                                                                                | CUSIP: 04685A2Y6<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   1170000 | PA      | $1020287.35   | 0.04%             | 2031-06-07      | Fixed         | 2.67%                 | No            |                  2 | On Loan: No      |
| LG Energy Solution Ltd.                                                              | LGENSO 5 04/02/29 144A                                                                                                                                 | CUSIP: 50205MAK5<br>LEI: 988400QX6P286XA6ZS85 | Long             | DBT              | CORP              | KR        |    490000 | PA      | $490666.22    | 0.02%             | 2029-04-02      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennessee Valley Authority                                                           | TVASP 0 06/15/35                                                                                                                                       | CUSIP: 88059FBM2<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |   1583000 | PA      | $1031150.37   | 0.04%             | 2035-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MILL CITY MORTGAGE LOAN TRUST 2021-NMR1                                              | MCMLT 2021-NMR1 M2                                                                                                                                     | CUSIP: 59982HAH3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3000000 | PA      | $2634702.90   | 0.09%             | 2060-11-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| Nordea Bank ABP                                                                      | NDAFH F 09/10/29 144A                                                                                                                                  | CUSIP: 65558RAH2<br>LEI: 529900ODI3047E2LIV03 | Long             | DBT              | CORP              | FI        |   1000000 | PA      | $1013354.26   | 0.04%             | 2029-09-10      | Floating      | 4.65%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.                                          | U.S. Treasury Bond Futures, Jun-2026,ETH                                                                                                               | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       300 | NC      | $-520321.53   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| GLP Capital L.P. and GLP Financing II, Inc.                                          | GLPI 5.3 01/15/29                                                                                                                                      | CUSIP: 361841AL3<br>LEI: 2549005PXW31DRW8EC44 | Long             | DBT              | CORP              | US        |    900000 | PA      | $907805.70    | 0.03%             | 2029-01-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                                            | SWOP IRS USD                                                                                                                                           | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | N/A              | DIR              | CORP              | CA        |  18862000 | NC      | $86785.50     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Costar Group Inc                                                                     | CSGP 2.8 07/15/30 144A                                                                                                                                 | CUSIP: 22160NAA7<br>LEI: 984500Q1D53D08E2E698 | Long             | DBT              | CORP              | US        |    783000 | PA      | $708058.39    | 0.03%             | 2030-07-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Tricon Residential 2023-SFR2 Trust                                                   | TCN 2023-SFR2 B                                                                                                                                        | CUSIP: 895978AB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1350000 | PA      | $1334656.58   | 0.05%             | 2040-12-19      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wingstop Funding LLC                                                                 | WSTOP 2020-1A A2                                                                                                                                       | CUSIP: 974153AB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1231250 | PA      | $1191771.69   | 0.04%             | 2050-12-05      | Fixed         | 2.84%                 | No            |                  2 | On Loan: No      |
| Alexandria Real Estate Equities, Inc.                                                | ARE 5.25 03/15/36                                                                                                                                      | CUSIP: 015271BF5<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              | CORP              | US        |   1450000 | PA      | $1416035.59   | 0.05%             | 2036-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SUBWAY FUNDING LLC                                                                   | SUBWAY 2024-1A A2II                                                                                                                                    | CUSIP: 864300AC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1580000 | PA      | $1593726.09   | 0.06%             | 2054-07-30      | Fixed         | 6.27%                 | No            |                  2 | On Loan: No      |
| Australia (Commonwealth of)                                                          | ACGB 4.25 03/21/36 172                                                                                                                                 | CUSIP: 000000000<br>LEI: 213800J6B7JSBDETCB42 | Long             | DBT              | NUSS              | AU        |  52505000 | PA      | $34152801.55  | 1.21%             | 2036-03-21      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Meiji Yasuda Life Insurance Co.                                                      | MYLIFE V6.1 06/11/55 144A                                                                                                                              | CUSIP: 585270AE1<br>LEI: 549300SLU4LP6YMRLK07 | Long             | DBT              | CORP              | JP        |   3750000 | PA      | $3753423.75   | 0.13%             | 2055-06-11      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                                            | SWOP IRS USD                                                                                                                                           | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | N/A              | DIR              | CORP              | CA        |  14392000 | NC      | $65786.31     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| DBGS 2018-C1 MORTGAGE TRUST                                                          | DBGS 2018-C1 B                                                                                                                                         | CUSIP: 23307DBD4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7000000 | PA      | $6423088.00   | 0.23%             | 2051-10-17      | Variable      | 4.64%                 | No            |                  2 | On Loan: No      |
| Mars Inc.                                                                            | MARS 5.2 03/01/35 144A                                                                                                                                 | CUSIP: 571676BA2<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |   1600000 | PA      | $1615233.20   | 0.06%             | 2035-03-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Fidelis Insurance Holdings Ltd.                                                      | FIHL 4.875 06/30/30 144A                                                                                                                               | CUSIP: 31575FAA4<br>LEI: 549300CDMGCAGJQ7DX03 | Long             | DBT              | CORP              | BM        |   6450000 | PA      | $6301530.87   | 0.22%             | 2030-06-30      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| J P MORGAN MORTGAGE TRUST 2025-1                                                     | JPMMT 2025-1 A4                                                                                                                                        | CUSIP: 46658UAE1<br>LEI: 529900DB310G9HU4BP72 | Long             | ABS-O            | CORP              | US        |    872800 | PA      | $877588.77    | 0.03%             | 2055-06-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Smithfield Foods Inc                                                                 | SFD 2.625 09/13/31 144A                                                                                                                                | CUSIP: 832248BD9<br>LEI: CVTIPZRZJC0JQEZLL598 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2194215.88   | 0.08%             | 2031-09-13      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| Darden Restaurants, Inc.                                                             | DRI 4.55 02/15/48                                                                                                                                      | CUSIP: 237194AM7<br>LEI: CY1NFSCCB5GUXC7WZC70 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $961021.99    | 0.03%             | 2048-02-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                         | TII 1.875 07/15/35                                                                                                                                     | CUSIP: 91282CNS6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  53432585 | PA      | $53169948.88  | 1.89%             | 2035-07-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA, NATIONAL ASSOCIATION                                                | SWOP IRS USD                                                                                                                                           | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DIR              | CORP              | US        | -14395000 | NC      | $-54671.56    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| JP MORGAN MORTGAGE TRUST 2021-13                                                     | JPMMT 2021-13 A6                                                                                                                                       | CUSIP: 46592XAN4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2717355 | PA      | $2555296.38   | 0.09%             | 2052-04-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FNMA-15YR                                                                                                                                              | CUSIP: 01F042459<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  33628644 | PA      | $33357520.12  | 1.19%             | 2041-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Cheniere Energy Partners Lp                                                          | CQP 5.95 06/30/33                                                                                                                                      | CUSIP: 16411QAQ4<br>LEI: 5493005UEC8AZ34LDV29 | Long             | DBT              | CORP              | US        |    750000 | PA      | $786233.12    | 0.03%             | 2033-06-30      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| SLAM 2024-1 LTD                                                                      | SLAM 2024-1A A                                                                                                                                         | CUSIP: 83100AAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   3159722 | PA      | $3147610.68   | 0.11%             | 2049-09-15      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| OBRA LONGEVITY RFF CL A NTS FUNDED                                                   | OBRA LONGEVITY RFF CL A NTS FUNDED                                                                                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5100000 | PA      | $5291440.82   | 0.19%             | 2039-06-30      | Fixed         | 8.48%                 | No            |                  3 | On Loan: No      |
| PRKCM 2026-AFC1 TRUST                                                                | PRKCM 2026-AFC1 A3                                                                                                                                     | CUSIP: 74277KAG1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1393135 | PA      | $1377117.17   | 0.05%             | 2061-02-25      | Variable      | 5.03%                 | No            |                  2 | On Loan: No      |
| LOANCORE 2025-CRE8 ISSUER LLC                                                        | LNCR 2025-CRE8 AS                                                                                                                                      | CUSIP: 53947FAC5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1100000 | PA      | $1095933.19   | 0.04%             | 2042-08-18      | Floating      | 5.27%                 | No            |                  2 | On Loan: No      |
| PALMER SQUARE CLO 2024-3 LTD                                                         | PLMRS 2024-3A B                                                                                                                                        | CUSIP: 69688GAC2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1000550.30   | 0.04%             | 2037-07-20      | Floating      | 5.27%                 | No            |                  2 | On Loan: No      |
| STARWOOD MORTGAGE RESIDENTIAL TRUST 2020-1                                           | STAR 2020-1 A3                                                                                                                                         | CUSIP: 85573AAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    496630 | PA      | $477368.64    | 0.02%             | 2050-02-25      | Variable      | 2.56%                 | No            |                  2 | On Loan: No      |
| Entegris Inc                                                                         | ENTG 4.75 04/15/29 144A                                                                                                                                | CUSIP: 29365BAA1<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | DBT              | CORP              | US        |   3700000 | PA      | $3657565.44   | 0.13%             | 2029-04-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| PacifiCorp.                                                                          | BRKHEC V7.375 09/15/55                                                                                                                                 | CUSIP: 695114DF2<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |   1320000 | PA      | $1261311.35   | 0.04%             | 2055-09-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| DYAL III SERIES B ISSUER A                                                           | DYAL III SERIES B ISSUER A                                                                                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    980000 | PA      | $984097.41    | 0.03%             | 2044-06-15      | Fixed         | 6.55%                 | No            |                  3 | On Loan: No      |
| Stack Infrastructure Issuer Llc                                                      | SIDC 2025-1A A2                                                                                                                                        | CUSIP: 85236KAP7<br>LEI: 254900AV7V87H3A2WM57 | Long             | ABS-O            | CORP              | US        |   2900000 | PA      | $2857335.20   | 0.10%             | 2050-05-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Gilead Sciences Inc.                                                                 | GHOST 2025-1A A                                                                                                                                        | CUSIP: 37556TAA4<br>LEI: 549300WTZWR07K8MNV44 | Long             | ABS-O            | CORP              | US        |   2232287 | PA      | $2248349.07   | 0.08%             | 2050-03-15      | Fixed         | 5.79%                 | No            |                  2 | On Loan: No      |
| SPRITE 2021-1 LTD                                                                    | SPRTE 2021-1 A                                                                                                                                         | CUSIP: 85208UAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    395261 | PA      | $387160.13    | 0.01%             | 2046-11-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| American Express Company                                                             | AXP F 01/30/31                                                                                                                                         | CUSIP: 025816EA3<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |   1010000 | PA      | $1010494.59   | 0.04%             | 2031-01-30      | Floating      | 4.65%                 | No            |                  2 | On Loan: No      |
| Ares Finance Co. II LLC                                                              | ARES 3.25 06/15/30 144A                                                                                                                                | CUSIP: 04015KAB6<br>LEI: 54930012GWL4VKKENG46 | Long             | DBT              | CORP              | US        |   1469000 | PA      | $1376177.77   | 0.05%             | 2030-06-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Safehold GL Holdings LLC                                                             | SAFE 2.8 06/15/31                                                                                                                                      | CUSIP: 78646UAA7<br>LEI: 54930012UY5Z4Q8NL108 | Long             | DBT              | CORP              | US        |   1771000 | PA      | $1604037.10   | 0.06%             | 2031-06-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| The Hanover Insurance Group, Inc.                                                    | THG 5.5 09/01/35                                                                                                                                       | CUSIP: 410867AH8<br>LEI: JJYR6MFKFF6CF8DBZ078 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1288729.94   | 0.05%             | 2035-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ICON Investments Six DAC                                                             | ICLR 5.849 05/08/29                                                                                                                                    | CUSIP: 45115AAB0<br>LEI: 635400FQ1M7J2CHLAS59 | Long             | DBT              | CORP              | IE        |    900000 | PA      | $917653.82    | 0.03%             | 2029-05-08      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Munich Reinsurance AG                                                                | MUNRE V5.875 05/23/42 144A                                                                                                                             | CUSIP: 62582PAA8<br>LEI: 529900MUF4C20K50JS49 | Long             | DBT              | CORP              | DE        |   1350000 | PA      | $1379558.83   | 0.05%             | 2042-05-23      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Cars Db4 LP                                                                          | CAUTO 2026-1A A2                                                                                                                                       | CUSIP: 12510HBC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1198750 | PA      | $1181161.73   | 0.04%             | 2056-02-15      | Fixed         | 5.07%                 | No            |                  3 | On Loan: No      |
| MICHIGAN ST HSG DEV AUTH                                                             | MI MISHSG 4.95 12/01/2050                                                                                                                              | CUSIP: 594654C78<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1105530.91   | 0.04%             | 2050-12-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| TOWD POINT MORTGAGE TRUST 2023-CES2                                                  | TPMT 2023-CES2 A1A                                                                                                                                     | CUSIP: 89182FAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    920874 | PA      | $926311.99    | 0.03%             | 2063-10-25      | Variable      | 7.29%                 | No            |                  2 | On Loan: No      |
| RCKT MORTGAGE TRUST 2023-CES2                                                        | RCKT 2023-CES2 A1A                                                                                                                                     | CUSIP: 748956AA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1575538 | PA      | $1581535.51   | 0.06%             | 2043-09-25      | Variable      | 6.81%                 | No            |                  2 | On Loan: No      |
| CASTLELAKE AIRCRAFT STRUCTURED TRUST 2026-1                                          | CLAST 2026-1A A                                                                                                                                        | CUSIP: 148924AA1<br>LEI: 5493003ADMTNWVTVWM43 | Long             | ABS-O            | CORP              | US        |   2150000 | PA      | $2110417.86   | 0.07%             | 2051-03-15      | Fixed         | 5.07%                 | No            |                  2 | On Loan: No      |
| Figre Trust 2023-HE1                                                                 | FIGRE 2025-PF1 A                                                                                                                                       | CUSIP: 316922AA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    474259 | PA      | $475877.83    | 0.02%             | 2055-06-25      | Variable      | 5.76%                 | No            |                  2 | On Loan: No      |
| Provident Funding Mortgage Tru                                                       | Provident Funding Mortgage Trust 2026-1                                                                                                                | CUSIP: 74386PAD5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2803199 | PA      | $2765049.81   | 0.10%             | 2056-01-25      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| DK CROWN HOLDINGS INC                                                                | DK CROWN HOLDINGS INC                                                                                                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3267000 | PA      | $3260890.71   | 0.12%             | 2032-03-04      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| Vontier Corporation                                                                  | VNT 2.95 04/01/31                                                                                                                                      | CUSIP: 928881AF8<br>LEI: 549300VVSQLG4P5K4639 | Long             | DBT              | CORP              | US        |    582000 | PA      | $529222.07    | 0.02%             | 2031-04-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Vista Point Securitization Trust 2024 CES3                                           | VSTA 2024-CES3 A1                                                                                                                                      | CUSIP: 92841WAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1930620 | PA      | $1936825.95   | 0.07%             | 2055-01-25      | Variable      | 5.68%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                                                         | ORCL 6.1 09/26/65                                                                                                                                      | CUSIP: 68389XDT9<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    475000 | PA      | $393861.23    | 0.01%             | 2065-09-26      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| U.S. Treasury Bond Stripped Principal Payment                                        | SP 0 11/15/44                                                                                                                                          | CUSIP: 912803EK5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4455000 | PA      | $1754761.11   | 0.06%             | 2044-11-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| OWL ROCK CLO XVI LLC                                                                 | OR 2024-16A B                                                                                                                                          | CUSIP: 69120YAC9<br>LEI: 254900BHMAVJ8X5TCA77 | Long             | ABS-CBDO         | CORP              | US        |   1000000 | PA      | $996873.70    | 0.04%             | 2036-04-21      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| PMT LOAN TRUST 2025-INV7                                                             | PMTLT 2025-INV7 A7                                                                                                                                     | CUSIP: 73015FAG1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    935173 | PA      | $943922.99    | 0.03%             | 2056-06-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| SECURITIZED ASSET BACKED RECEIVABLES LLC TRUST 2006-HE2                              | SABR 2006-HE2 A2C                                                                                                                                      | CUSIP: 81377AAD4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1281652 | PA      | $481641.35    | 0.02%             | 2036-07-25      | Floating      | 3.94%                 | No            |                  2 | On Loan: No      |
| CLI FUNDING VI LLC                                                                   | CLIF 2020-1A A                                                                                                                                         | CUSIP: 12563LAN7<br>LEI: 549300NQLBWJD5AREU05 | Long             | ABS-O            | CORP              | US        |    757565 | PA      | $712312.62    | 0.03%             | 2045-09-18      | Fixed         | 2.08%                 | No            |                  2 | On Loan: No      |
| Hasbro Inc                                                                           | HAS 6.35 03/15/40                                                                                                                                      | CUSIP: 418056AS6<br>LEI: 549300NUB6D2R1ITYR45 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1041376.95   | 0.04%             | 2040-03-15      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| Nevada Power Company                                                                 | BRKHEC 6.65 04/01/36 N                                                                                                                                 | CUSIP: 641423BP2<br>LEI: MJZFGXRJ52U8U4MKJ519 | Long             | DBT              | CORP              | US        |    500000 | PA      | $553974.41    | 0.02%             | 2036-04-01      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| SUBWAY FUNDING LLC                                                                   | SUBWAY 2024-1A A23                                                                                                                                     | CUSIP: 864300AE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2024375 | PA      | $2026546.95   | 0.07%             | 2054-07-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                                                | BAC V3.559 04/23/27 MTN                                                                                                                                | CUSIP: 06051GHT9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   1020000 | PA      | $1019465.41   | 0.04%             | 2027-04-23      | Fixed         | 3.56%                 | No            |                  2 | On Loan: No      |
| Rogers Communications Inc.                                                           | RCICN 4.55 03/15/52                                                                                                                                    | CUSIP: 775109CK5<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |   1594000 | PA      | $1259004.88   | 0.04%             | 2052-03-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Dow Chemical Co. (The)                                                               | DOW 6.9 05/15/53                                                                                                                                       | CUSIP: 260543DH3<br>LEI: ZQUIP1CSZO8LXRBSOU78 | Long             | DBT              | CORP              | US        |   1050000 | PA      | $1071854.95   | 0.04%             | 2053-05-15      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.                                                     | Options on Three-Month SOFR Futures                                                                                                                    | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              | CORP              | US        |     -1615 | NC      | $-131218.75   | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| CFMT 2022-HB9 LLC                                                                    | CFMT 2022-HB9 A                                                                                                                                        | CUSIP: 12530GAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1058445 | PA      | $1044408.57   | 0.04%             | 2037-09-25      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| BX Trust 2018-Bilt                                                                   | BX 2025-VOLT A                                                                                                                                         | CUSIP: 05619PAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2400000 | PA      | $2392500.00   | 0.09%             | 2044-12-15      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| CROSS 2026-NQM1 MORTGAGE TRUST                                                       | CROSS 2026-NQM1 A3                                                                                                                                     | CUSIP: 22758EAG2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1205539 | PA      | $1193744.10   | 0.04%             | 2061-02-25      | Variable      | 5.16%                 | No            |                  2 | On Loan: No      |
| KKR GROUP FINANCE CO III LLC                                                         | KKR 5.125 06/01/44 144A                                                                                                                                | CUSIP: 48250AAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $88264.21     | 0.00%             | 2044-06-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Smithfield Foods Inc                                                                 | SFD 3 10/15/30 144A                                                                                                                                    | CUSIP: 832248BC1<br>LEI: CVTIPZRZJC0JQEZLL598 | Long             | DBT              | CORP              | US        |    640000 | PA      | $585039.63    | 0.02%             | 2030-10-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Abbott Laboratories                                                                  | ABT 5.5 03/15/56                                                                                                                                       | CUSIP: 002824BW9<br>LEI: HQD377W2YR662HK5JX27 | Long             | DBT              | CORP              | US        |   1725000 | PA      | $1691409.28   | 0.06%             | 2056-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK AG NEW YORK BRANCH                                                     | DB V3.547 09/18/31                                                                                                                                     | CUSIP: 251526CD9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    880000 | PA      | $827307.94    | 0.03%             | 2031-09-18      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| Triton Container International Limited / TAL International Container Corporation     | TRTN 5.15 02/15/33                                                                                                                                     | CUSIP: 89681LAC6<br>LEI: 549300O4LZFLCX53XZ54 | Long             | DBT              | CORP              | BM        |   2520000 | PA      | $2467404.83   | 0.09%             | 2033-02-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Brookfield Finance LLC                                                               | BNCN 3.45 04/15/50                                                                                                                                     | CUSIP: 11271RAB5<br>LEI: 549300E643C5WZF8BL44 | Long             | DBT              | CORP              | US        |    470000 | PA      | $308936.11    | 0.01%             | 2050-04-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| OneAmerica Financial Partners Inc.                                                   | ONEAM 4.25 10/15/50 144A                                                                                                                               | CUSIP: 682441AB6<br>LEI: 5493009S1SVD6UNUDB08 | Long             | DBT              | CORP              | US        |   1266000 | PA      | $935228.82    | 0.03%             | 2050-10-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                       | MS V6.627 11/01/34                                                                                                                                     | CUSIP: 61747YFJ9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   2465000 | PA      | $2682240.52   | 0.10%             | 2034-11-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| COLT 2023-4 MORTGAGE LOAN TRUST                                                      | COLT 2023-4 A3                                                                                                                                         | CUSIP: 12598WAC6<br>LEI: 213800EHDFO4A3F7P416 | Long             | ABS-O            | CORP              | US        |   2029163 | PA      | $2043969.17   | 0.07%             | 2068-10-25      | Variable      | 7.62%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA, NATIONAL ASSOCIATION                                                | SWOP IRS USD                                                                                                                                           | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DIR              | CORP              | US        | -23992000 | NC      | $-91320.30    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.                                                     | IRS USD                                                                                                                                                | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              | CORP              | US        |         1 | NC      | $995883.57    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| U.S. Treasury Bond Stripped Principal Payment                                        | SP 0 02/15/52                                                                                                                                          | CUSIP: 912803GE7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  19980000 | PA      | $5431889.67   | 0.19%             | 2052-02-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CEAMER FINANCE III LLC                                                               | CEAMER FINANCE III LLC                                                                                                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1972659 | PA      | $1996132.46   | 0.07%             | 2039-11-15      | Fixed         | 6.79%                 | No            |                  3 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                     | FR RJ2209                                                                                                                                              | CUSIP: 3142GSN38<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   7874555 | PA      | $8153421.07   | 0.29%             | 2054-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                                                                    | SWOP IRS USD                                                                                                                                           | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DIR              | CORP              | GB        | -14396000 | NC      | $-54675.35    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Castlelake Aircraft Structured Trust 2018-1                                          | CLAST 2018-1 A                                                                                                                                         | CUSIP: 14856CAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    165018 | PA      | $164195.62    | 0.01%             | 2043-06-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| OBX 2024-NQM7 TRUST                                                                  | OBX 2024-NQM7 A2                                                                                                                                       | CUSIP: 67119FAB9<br>LEI: 254900FVMB3WTXJGGR91 | Long             | ABS-O            | CORP              | US        |    320528 | PA      | $322864.61    | 0.01%             | 2064-03-25      | Variable      | 6.45%                 | No            |                  2 | On Loan: No      |
| BO GPS IV CAPITAL CALL FACILITY D                                                    | BO GPS IV CAPITAL CALL FACILITY D                                                                                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2700000 | PA      | $2599027.44   | 0.09%             | 2032-10-30      | Fixed         | 5.38%                 | No            |                  3 | On Loan: No      |
| ARES LXIX CLO LTD                                                                    | ARES 2024-69A B                                                                                                                                        | CUSIP: 039953AE4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2500000 | PA      | $2502728.25   | 0.09%             | 2036-04-15      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| EAGLE POINT 1L TL                                                                    | EAGLE POINT 1L TL                                                                                                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    389526 | PA      | $389526.00    | 0.01%             | 2028-03-31      | Floating      | 7.62%                 | No            |                  3 | On Loan: No      |
| AHG FUNDING 2024A UNFUNDED                                                           | AHG FUNDING 2024A UNFUNDED                                                                                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1.00         | 0.00%             | 2026-07-20      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| Herc Holdings                                                                        | Herc Holdings Term Loan B 175 2032-06-01                                                                                                               | CUSIP: 42705FAF3<br>LEI: 549300TP80QLITMSBP82 | Long             | LON              | CORP              | US        |   3067312 | PA      | $3068600.77   | 0.11%             | 2032-06-01      | Floating      | 5.43%                 | No            |                  2 | On Loan: No      |
| Telus Corp.                                                                          | TCN V6.375 06/09/56 .                                                                                                                                  | CUSIP: 87971MCQ4<br>LEI: 894500TX134IMF6NW757 | Long             | DBT              | CORP              | CA        |   4800000 | PA      | $4751939.04   | 0.17%             | 2056-06-09      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| FIDIUM LLC                                                                           | CNSL 2026-1A A2                                                                                                                                        | CUSIP: 315961AG7<br>LEI: 549300WW675Y48HDVX34 | Long             | ABS-O            | CORP              | US        |    850000 | PA      | $838959.35    | 0.03%             | 2056-03-20      | Fixed         | 5.08%                 | No            |                  2 | On Loan: No      |
| NTT Finance Corp                                                                     | NTT 4.876 07/16/30 144A                                                                                                                                | CUSIP: 62954WAS4<br>LEI: 3538007PR116187GD960 | Long             | DBT              | CORP              | JP        |    300000 | PA      | $301896.53    | 0.01%             | 2030-07-16      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| GABX Leasing LLC                                                                     | GATX 4.625 04/15/31 144A                                                                                                                               | CUSIP: 36274FAA7<br>LEI: 25490085PXP0WGRIRI44 | Long             | DBT              | CORP              | US        |    760000 | PA      | $749218.83    | 0.03%             | 2031-04-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| KY STD HOUSING HS WILDCAT LLC                                                        | KY STD HOUSING HS WILDCAT LLC                                                                                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1957591 | PA      | $1426071.69   | 0.05%             | 2050-12-31      | Fixed         | 3.83%                 | No            |                  3 | On Loan: No      |
| ANGEL OAK MORTGAGE TRUST 2024-2                                                      | AOMT 2024-2 A3                                                                                                                                         | CUSIP: 034942AC6<br>LEI: 254900NLG610771ZLP05 | Long             | ABS-O            | CORP              | US        |   3357260 | PA      | $3368009.15   | 0.12%             | 2069-01-25      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| MID-ATLANTIC HOME HEALTH NETWORK INC                                                 | MIDATL 5.3 08/01/50 144A                                                                                                                               | CUSIP: 59524EAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2067901 | PA      | $1749707.53   | 0.06%             | 2050-08-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Oneok Inc.                                                                           | OKE 5.4 10/15/35                                                                                                                                       | CUSIP: 682680DC4<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    800000 | PA      | $794715.02    | 0.03%             | 2035-10-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FN FS8315                                                                                                                                              | CUSIP: 3140XQGZ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   7545949 | PA      | $7805332.53   | 0.28%             | 2054-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Liberty Utilities Co. (Delaware)                                                     | AQNCN 5.869 01/31/34 144A                                                                                                                              | CUSIP: 531542AB4<br>LEI: 549300UN1FEYPC5BKW09 | Long             | DBT              | CORP              | US        |    550000 | PA      | $569245.46    | 0.02%             | 2034-01-31      | Fixed         | 5.87%                 | No            |                  2 | On Loan: No      |
| Marathon Petroleum Corp.                                                             | MPC 6.5 03/01/41                                                                                                                                       | CUSIP: 56585AAF9<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | DBT              | CORP              | US        |    480000 | PA      | $510917.01    | 0.02%             | 2041-03-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FNR 2023-54 GA                                                                                                                                         | CUSIP: 3136BQRA9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |   1297247 | PA      | $1307928.42   | 0.05%             | 2049-04-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Prosus NV                                                                            | PRXNA 4.987 01/19/52 144A                                                                                                                              | CUSIP: 74365PAJ7<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | DBT              | CORP              | NL        |   1300000 | PA      | $990582.32    | 0.04%             | 2052-01-19      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                                          | SWOP IRS USD                                                                                                                                           | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DIR              | CORP              | FR        |  28875000 | NC      | $107180.09    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                     | FR RJ1966                                                                                                                                              | CUSIP: 3142GSFG8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   7656671 | PA      | $7936153.24   | 0.28%             | 2054-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ARES DIRECT LENDING CLO 8 LLC                                                        | ARESDL 2025-4A A2                                                                                                                                      | CUSIP: 039933AC0<br>LEI: 2549008VI9L2AN96MC59 | Long             | ABS-CBDO         | CORP              | US        |    400000 | PA      | $400864.88    | 0.01%             | 2039-01-20      | Floating      | 5.27%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FNR 2025-65 BA                                                                                                                                         | CUSIP: 3136BWU53<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |   4133816 | PA      | $4140745.19   | 0.15%             | 2053-11-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cars Db4 LP                                                                          | CAUTO 2024-3A A2                                                                                                                                       | CUSIP: 12510HBA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    686875 | PA      | $660900.50    | 0.02%             | 2054-10-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Paramount Global                                                                     | PARA 5.25 04/01/44                                                                                                                                     | CUSIP: 92553PAW2<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    908000 | PA      | $574561.29    | 0.02%             | 2044-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Salesforce Inc.                                                                      | CRM 4.9 09/15/31                                                                                                                                       | CUSIP: 79466LAS3<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | DBT              | CORP              | US        |    750000 | PA      | $748937.78    | 0.03%             | 2031-09-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| LHOME MORTGAGE TRUST 2026-RTL1                                                       | LHOME 2026-RTL1 A1                                                                                                                                     | CUSIP: 50206JAA3<br>LEI: 52990026MRD22HI0T740 | Long             | ABS-O            | CORP              | US        |   2700000 | PA      | $2689651.71   | 0.10%             | 2041-01-25      | Variable      | 4.91%                 | No            |                  2 | On Loan: No      |
| Tennessee Valley Authority                                                           | TVA 5.375 04/01/56                                                                                                                                     | CUSIP: 880591DZ2<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |    600000 | PA      | $605097.00    | 0.02%             | 2056-04-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| ALLO ISSUER LLC                                                                      | ALLO 2025-1A A2                                                                                                                                        | CUSIP: 01983KAN4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $2007049.80   | 0.07%             | 2055-04-20      | Fixed         | 5.53%                 | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.                                                     | Options on Three-Month SOFR Futures                                                                                                                    | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              | CORP              | US        |      1615 | NC      | $181687.50    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| OBX Trust 2026-NQM2                                                                  | OBX 2026-NQM4 A2                                                                                                                                       | CUSIP: 67124FAJ5<br>LEI: 2549007DTHVTGCMU8X03 | Long             | ABS-O            | CORP              | US        |   1850000 | PA      | $1846191.98   | 0.07%             | 2066-02-25      | Variable      | 5.38%                 | No            |                  2 | On Loan: No      |
| MADISON PARK FUNDING LVIII LTD                                                       | MDPK 2024-58A C                                                                                                                                        | CUSIP: 55817BAC6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1001036.00   | 0.04%             | 2037-04-27      | Floating      | 6.12%                 | No            |                  2 | On Loan: No      |
| ARES DIRECT LENDING CLO 3 LLC                                                        | ARESDL 2024-3A B                                                                                                                                       | CUSIP: 039945AC4<br>LEI: 254900TU6Z546P794928 | Long             | ABS-CBDO         | CORP              | US        |   1000000 | PA      | $996955.40    | 0.04%             | 2037-01-21      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| BX TRUST 2024-VLT4                                                                   | BX 2024-VLT4 B                                                                                                                                         | CUSIP: 05612TAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1450000 | PA      | $1440937.50   | 0.05%             | 2041-06-17      | Floating      | 5.61%                 | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                                                       | BNP V2.871 04/19/32 144A                                                                                                                               | CUSIP: 09659W2P8<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |   1200000 | PA      | $1088111.29   | 0.04%             | 2032-04-19      | Fixed         | 2.87%                 | No            |                  2 | On Loan: No      |
| Yale New Haven Health Services Corp.                                                 | YAHEAL 2.496 07/01/50 2020                                                                                                                             | CUSIP: 98459HAA0<br>LEI: 549300AVJD56IH6OKW11 | Long             | DBT              | CORP              | US        |   2250000 | PA      | $1302121.62   | 0.05%             | 2050-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2025-1                                                    | VERUS 2025-1 A3                                                                                                                                        | CUSIP: 92540TAC4<br>LEI: 213800JOKZMXZECMAB50 | Long             | ABS-O            | CORP              | US        |   1243720 | PA      | $1249259.68   | 0.04%             | 2070-01-25      | Variable      | 5.98%                 | No            |                  2 | On Loan: No      |
| Pershing Square Holdings, Ltd.                                                       | PSHNA 5.5 10/28/32 144A                                                                                                                                | CUSIP: 71531QAG6<br>LEI: U7LC4KOKCTZ0YWGI2G56 | Long             | DBT              | CORP              | GG        |   2000000 | PA      | $1982906.36   | 0.07%             | 2032-10-28      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BCRED CLO LTD                                                                        | BCRED CLO 2025-1 LLC                                                                                                                                   | CUSIP: 05556FAC7<br>LEI: 2549001W2Y6F50VEZG93 | Long             | ABS-CBDO         | CORP              | KY        |   3400000 | PA      | $3388990.80   | 0.12%             | 2037-04-20      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                                                         | T 2 11/15/41                                                                                                                                           | CUSIP: 912810TC2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  31500000 | PA      | $21784218.75  | 0.77%             | 2041-11-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Taco Bell Funding Llc                                                                | BELL 2025-1A A2I                                                                                                                                       | CUSIP: 87342RAK0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    950000 | PA      | $935404.58    | 0.03%             | 2055-08-25      | Fixed         | 4.82%                 | No            |                  2 | On Loan: No      |
| OBX 2025-R1 TRUST                                                                    | OBX 2025-R1 A3                                                                                                                                         | CUSIP: 67123GAE5<br>LEI: 254900UIO03AL696QM79 | Long             | ABS-O            | CORP              | US        |   4910175 | PA      | $4873037.00   | 0.17%             | 2062-09-25      | Variable      | 5.19%                 | No            |                  2 | On Loan: No      |
| Nustar Logistics, L.P.                                                               | NSUS 6.375 10/01/30                                                                                                                                    | CUSIP: 67059TAH8<br>LEI: N62BF2PKP51FIIOIUN20 | Long             | DBT              | CORP              | US        |    169000 | PA      | $174745.49    | 0.01%             | 2030-10-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| FS Rialto 2024-Fl9 Issuer LLC                                                        | FSRIA 2024-FL9 AS                                                                                                                                      | CUSIP: 30338WAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1800000 | PA      | $1797604.92   | 0.06%             | 2039-10-19      | Floating      | 5.77%                 | No            |                  2 | On Loan: No      |
| BDS 2025-FL16 LLC                                                                    | BDS 2025-FL16 B                                                                                                                                        | CUSIP: 05556XAE4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1200000 | PA      | $1191588.36   | 0.04%             | 2043-07-19      | Variable      | 5.53%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2023-7                                                    | VERUS 2023-7 A3                                                                                                                                        | CUSIP: 92539YAC6<br>LEI: 213800W65K5FH3AI2J91 | Long             | ABS-O            | CORP              | US        |    738679 | PA      | $743567.48    | 0.03%             | 2068-10-25      | Fixed         | 7.42%                 | No            |                  2 | On Loan: No      |
| FIGRE TRUST 2023-HE1                                                                 | FIGRE 2026-HE1 C                                                                                                                                       | CUSIP: 30249NAE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3142165 | PA      | $3110199.31   | 0.11%             | 2056-01-25      | Variable      | 5.43%                 | No            |                  2 | On Loan: No      |
| JP MORGAN MORTGAGE TRUST 2024-NQM1                                                   | JPMMT 2024-NQM1 A2                                                                                                                                     | CUSIP: 465983AB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1296910 | PA      | $1301477.37   | 0.05%             | 2064-02-25      | Variable      | 5.85%                 | No            |                  2 | On Loan: No      |
| American National Group Inc.                                                         | ANGINC V7 12/01/55                                                                                                                                     | CUSIP: 025676AR8<br>LEI: 549300RK5RZQ740FPL83 | Long             | DBT              | CORP              | US        |   1875000 | PA      | $1778103.75   | 0.06%             | 2055-12-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| FORTRESS CREDIT OPPORTUNITIES IX CLO LTD                                             | FCO 2017-9A A2TR                                                                                                                                       | CUSIP: 34961JBC7<br>LEI: 2549008RD44HDM6DNP14 | Long             | ABS-CBDO         | CORP              | KY        |   3250000 | PA      | $3258308.63   | 0.12%             | 2033-10-17      | Floating      | 5.73%                 | No            |                  2 | On Loan: No      |
| COMPASS DATACENTERS ISSUER III LLC                                                   | CMDC 2026-1A A22                                                                                                                                       | CUSIP: 20469BAG2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4000000 | PA      | $3917381.20   | 0.14%             | 2056-02-25      | Fixed         | 5.29%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA PUBLIC FINANCE AUTHORITY (CA)                                             | CA CASGEN 5.4 11/15/2031                                                                                                                               | CUSIP: 13057EKC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $918705.06    | 0.03%             | 2031-11-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| GXO Logistics Inc.                                                                   | GXO 6.25 05/06/29                                                                                                                                      | CUSIP: 36262GAF8<br>LEI: 5493007CNWMXN78JRN66 | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1295849.95   | 0.05%             | 2029-05-06      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Energy Transfer LP                                                                   | ET 6.2 04/01/55                                                                                                                                        | CUSIP: 29273VBF6<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $970856.06    | 0.03%             | 2055-04-01      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| DAE Funding LLC                                                                      | DUBAEE 4.95 01/15/33 144A                                                                                                                              | CUSIP: 23371DAM6<br>LEI: 635400SZTPQL3Y1P2C76 | Long             | DBT              | CORP              | US        |   1890000 | PA      | $1791971.28   | 0.06%             | 2033-01-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Boardwalk Pipelines LP                                                               | BWP 5.625 08/01/34                                                                                                                                     | CUSIP: 096630AK4<br>LEI: 549300W6AQ2GHHCGL606 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2049385.18   | 0.07%             | 2034-08-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| IMPERIAL FUND MTG                                                                    | IMPRL 2022-NQM2 A2                                                                                                                                     | CUSIP: 45276PAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    701746 | PA      | $659789.45    | 0.02%             | 2067-03-25      | Variable      | 4.02%                 | No            |                  2 | On Loan: No      |
| TOWD POINT MORTGAGE TRUST 2025-CES4                                                  | TPMT 2025-CES4 A2                                                                                                                                      | CUSIP: 89170UAC4<br>LEI: 254900V1XGR6BSB30T32 | Long             | ABS-O            | CORP              | US        |   3300000 | PA      | $3292530.12   | 0.12%             | 2065-10-25      | Variable      | 5.46%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                       | MS V5.314 01/18/41                                                                                                                                     | CUSIP: 61748UAP7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   1060000 | PA      | $1023241.85   | 0.04%             | 2041-01-18      | Fixed         | 5.31%                 | No            |                  2 | On Loan: No      |
| Apollo Global Management Inc                                                         | APO 5.15 08/12/35                                                                                                                                      | CUSIP: 03769MAE6<br>LEI: 254900LMFT1CY9IYB476 | Long             | DBT              | CORP              | US        |   2625000 | PA      | $2542325.81   | 0.09%             | 2035-08-12      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| FIGRE TRUST 2023-HE1                                                                 | FIGRE 2024-HE2 A                                                                                                                                       | CUSIP: 316927AA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2022451 | PA      | $2062642.43   | 0.07%             | 2054-05-25      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA, NATIONAL ASSOCIATION                                                | SWOP IRS USD                                                                                                                                           | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DIR              | CORP              | US        |  14395000 | NC      | $78710.00     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Polaris Inc.                                                                         | PII 5.6 03/01/31                                                                                                                                       | CUSIP: 731068AB8<br>LEI: 549300QJSN8UVWN1EI78 | Long             | DBT              | CORP              | US        |   2530000 | PA      | $2507338.51   | 0.09%             | 2031-03-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Capmark Military Housing Tr XXIII                                                    | CPMRK 2007-AETC A1                                                                                                                                     | CUSIP: 14069BAA2<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    256089 | PA      | $229753.07    | 0.01%             | 2052-02-10      | Fixed         | 5.75%                 | No            |                  3 | On Loan: No      |
| B.A.T. Capital Corporation                                                           | BATSLN 4.758 09/06/49                                                                                                                                  | CUSIP: 05526DBK0<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |   1040000 | PA      | $862315.59    | 0.03%             | 2049-09-06      | Fixed         | 4.76%                 | No            |                  2 | On Loan: No      |
| Tennessee Valley Authority                                                           | TVA 4.625 09/15/60                                                                                                                                     | CUSIP: 880591EJ7<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |   3850000 | PA      | $3424894.55   | 0.12%             | 2060-09-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trust 2022-NQM3                                            | BRAVO 2024-NQM3 A2                                                                                                                                     | CUSIP: 10569LAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    937835 | PA      | $943990.13    | 0.03%             | 2064-03-25      | Variable      | 6.39%                 | No            |                  2 | On Loan: No      |
| HLEND CLO 2025-3 LLC                                                                 | HLEND 2025-3A A                                                                                                                                        | CUSIP: 403961AA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   6750000 | PA      | $6721707.38   | 0.24%             | 2037-01-20      | Floating      | 5.07%                 | No            |                  2 | On Loan: No      |
| Rocket Companies Inc                                                                 | RKT 6.375 08/01/33 144A                                                                                                                                | CUSIP: 77311WAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    900000 | PA      | $909669.60    | 0.03%             | 2033-08-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD                               | FHR 5499 B                                                                                                                                             | CUSIP: 3137HJWE3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |   1458901 | PA      | $1469394.04   | 0.05%             | 2053-07-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.                                                     | IRS USD                                                                                                                                                | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              | CORP              | US        |         1 | NC      | $865577.23    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Cobank ACB                                                                           | COBKAC V7.125 PERP M                                                                                                                                   | CUSIP: 19075QAG7<br>LEI: P0J8I7M2E0A77CKF1705 | Long             | DBT              | USGSE             | US        |    500000 | PA      | $514375.00    | 0.02%             | N/A             | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| SOUND POINT CLO XXXI LTD                                                             | SNDPT 2021-3A B                                                                                                                                        | CUSIP: 83615PAC1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1999649.80   | 0.07%             | 2034-10-25      | Floating      | 5.58%                 | No            |                  2 | On Loan: No      |
| Kkr Clo 16 Ltd. / Kkr Clo 16 LLC                                                     | KKR 16 A2R3                                                                                                                                            | CUSIP: 48251BBG4<br>LEI: 254900VCKMCY079T6M57 | Long             | ABS-CBDO         | CORP              | KY        |   2150000 | PA      | $2142432.22   | 0.08%             | 2034-10-20      | Variable      | 5.27%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FN BL8604                                                                                                                                              | CUSIP: 3140J1R26<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1696505 | PA      | $1232368.67   | 0.04%             | 2050-10-01      | Fixed         | 2.11%                 | No            |                  2 | On Loan: No      |
| IMPERIAL FUND MORTGAGE TRUST 2022-NQM2                                               | IMPRL 2022-NQM2 A3                                                                                                                                     | CUSIP: 45276PAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    701746 | PA      | $661125.37    | 0.02%             | 2067-03-25      | Variable      | 4.20%                 | No            |                  2 | On Loan: No      |
| CERBERUS LOAN FUNDING XLV LLC                                                        | CERB 2024-1A B                                                                                                                                         | CUSIP: 15675FAC2<br>LEI: 6354005BRQJC9NIG3407 | Long             | ABS-CBDO         | CORP              | US        |   1000000 | PA      | $995253.60    | 0.04%             | 2036-04-15      | Floating      | 6.07%                 | No            |                  2 | On Loan: No      |
| BXMT 2020-FL2 LTD                                                                    | BXMT 2020-FL2 A                                                                                                                                        | CUSIP: 12434LAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    109742 | PA      | $109724.08    | 0.00%             | 2038-02-18      | Floating      | 4.94%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FN AN9931                                                                                                                                              | CUSIP: 3138LPA97<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    961438 | PA      | $854901.73    | 0.03%             | 2048-08-01      | Fixed         | 4.24%                 | No            |                  2 | On Loan: No      |
| VB-S1 ISSUER LLC                                                                     | VBTEL 2022-1A D                                                                                                                                        | CUSIP: 91823AAY7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2500000 | PA      | $2467785.25   | 0.09%             | 2052-02-15      | Fixed         | 4.29%                 | No            |                  2 | On Loan: No      |
| Global Payments Inc                                                                  | GPN 5.55 11/15/35                                                                                                                                      | CUSIP: 37940XAY8<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $963638.70    | 0.03%             | 2035-11-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Greensaif Pipelines Bidco S.a r.l.                                                   | GASBCM 6.129 02/23/38 144A                                                                                                                             | CUSIP: 39541EAA1<br>LEI: 549300YWDGUXPB8GRP47 | Long             | DBT              | CORP              | LU        |    350000 | PA      | $354026.30    | 0.01%             | 2038-02-23      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Swiss Re Finance (Luxembourg) S.A.                                                   | SRENVX V5 04/02/49 144A                                                                                                                                | CUSIP: 87089NAA8<br>LEI: 549300CLQZ6TM98LW631 | Long             | DBT              | CORP              | LU        |    200000 | PA      | $197652.55    | 0.01%             | 2049-04-02      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Eni SpA                                                                              | ENIIM 5.95 05/15/54 144A                                                                                                                               | CUSIP: 26874RAP3<br>LEI: BUCRF72VH5RBN7X3VL35 | Long             | DBT              | CORP              | IT        |   1040000 | PA      | $1034753.69   | 0.04%             | 2054-05-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Jefferies Financial Group Inc                                                        | JEF 5.5 02/15/36                                                                                                                                       | CUSIP: 47233WLL1<br>LEI: 549300HOF34RGOJ5YL07 | Long             | DBT              | CORP              | US        |   3120000 | PA      | $2994557.59   | 0.11%             | 2036-02-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Eversource Energy                                                                    | ES V6.1 08/15/56 A                                                                                                                                     | CUSIP: 30040WBC1<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |    800000 | PA      | $790110.74    | 0.03%             | 2056-08-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Sumitomo Life Insurance Co.                                                          | SUMILF V3.375 04/15/81 144A                                                                                                                            | CUSIP: 86564CAC4<br>LEI: 549300I5OQCDADQSPI57 | Long             | DBT              | CORP              | JP        |   2500000 | PA      | $2281006.00   | 0.08%             | 2081-04-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| EQT AB                                                                               | EQTSS 5.85 05/08/35 144A                                                                                                                               | CUSIP: 29439EAA7<br>LEI: 213800U7P9GOIRKCTB34 | Long             | DBT              | CORP              | SE        |   2210000 | PA      | $2214879.64   | 0.08%             | 2035-05-08      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                         | TII 1.875 01/15/36                                                                                                                                     | CUSIP: 91282CPU9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  23773275 | PA      | $23486234.81  | 0.83%             | 2036-01-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Enbridge Inc.                                                                        | ENBCN 5.55 06/20/35                                                                                                                                    | CUSIP: 29250NCK9<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    800000 | PA      | $817118.12    | 0.03%             | 2035-06-20      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Prologis Targeted US Logistics Fund LP                                               | PLDTLF 4.625 03/15/33 144A                                                                                                                             | CUSIP: 74350LAF1<br>LEI: 5493004DTBWUQ9F2VJ87 | Long             | DBT              | CORP              | US        |   1650000 | PA      | $1604576.64   | 0.06%             | 2033-03-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Belrose Funding Trust II                                                             | Belrose Funding Trust II                                                                                                                               | CUSIP: 08079KAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2440000 | PA      | $2443850.17   | 0.09%             | 2055-05-15      | Fixed         | 6.79%                 | No            |                  2 | On Loan: No      |
| SBA Tower Trust                                                                      | SBATOW 1.84 04/15/27 144A                                                                                                                              | CUSIP: 78403DAV2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3000000 | PA      | $2927841.90   | 0.10%             | 2027-04-15      | Fixed         | 1.84%                 | No            |                  2 | On Loan: No      |
| MN8 Portfolio IV LLC / MN8 Mulberry Bess Holdco LLC                                  | MN8 Portfolio IV LLC / MN8 Mulberry Bess Holdco LLC 6.31% SNR NTS 30/06/2045 USD (SEC REGD)                                                            | CUSIP: 55339TAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2661980 | PA      | $2665769.55   | 0.09%             | 2045-07-30      | Fixed         | 6.31%                 | No            |                  3 | On Loan: No      |
| AASET 2024-1 TRUST                                                                   | AASET 2024-1A A1                                                                                                                                       | CUSIP: 00255JAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2662741 | PA      | $2697935.02   | 0.10%             | 2049-05-16      | Fixed         | 6.26%                 | No            |                  2 | On Loan: No      |
| CERBERUS LOAN FUNDING 50 LLC                                                         | CERB 2025-1A B                                                                                                                                         | CUSIP: 15673UAC1<br>LEI: 635400VJODJ5OZQ2H763 | Long             | ABS-CBDO         | CORP              | US        |   2000000 | PA      | $1994582.80   | 0.07%             | 2037-07-15      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| DOMINO'S PIZZA MASTER ISSUER LLC                                                     | DPABS 2017-1A A23                                                                                                                                      | CUSIP: 25755TAH3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5076000 | PA      | $5041109.61   | 0.18%             | 2047-07-25      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| CITIGROUP COMMERCIAL MORTGAGE TRUST 2019-GC43                                        | CGCMT 2019-GC43 XA                                                                                                                                     | CUSIP: 17328HBF7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  18321844 | PA      | $342451.75    | 0.01%             | 2052-11-13      | Variable      | 0.61%                 | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.                                                     | IRS USD                                                                                                                                                | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              | CORP              | US        |         1 | NC      | $180921.76    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Penn Mutual Life Insurance Co.                                                       | PMUL 3.8 04/29/61 144A                                                                                                                                 | CUSIP: 707567AE3<br>LEI: BIYXEJSLUQ3IWFUXX074 | Long             | DBT              | CORP              | US        |    950000 | PA      | $628027.75    | 0.02%             | 2061-04-29      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| OBX 2024-NQM6 TRUST                                                                  | OBX 2024-NQM6 A2                                                                                                                                       | CUSIP: 67118XAB1<br>LEI: 254900LMIQVUH9BFZJ05 | Long             | ABS-O            | CORP              | US        |    537140 | PA      | $542024.71    | 0.02%             | 2064-02-25      | Variable      | 6.70%                 | No            |                  2 | On Loan: No      |
| Ascot Group Limited                                                                  | ASCOTG V6.349 06/15/35 144A                                                                                                                            | CUSIP: 04365XAB4<br>LEI: 213800DJV7WRJBE2II28 | Long             | DBT              | CORP              | BM        |   2050000 | PA      | $2091773.18   | 0.07%             | 2035-06-15      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| GABX Leasing LLC                                                                     | GATX 5.3 04/15/36 144A                                                                                                                                 | CUSIP: 36274FAB5<br>LEI: 25490085PXP0WGRIRI44 | Long             | DBT              | CORP              | US        |    700000 | PA      | $687122.58    | 0.02%             | 2036-04-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| LIFE 2021-BMR MORTGAGE TRUST                                                         | LIFE 2021-BMR D                                                                                                                                        | CUSIP: 53218CAG5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1400000 | PA      | $1302000.00   | 0.05%             | 2038-03-15      | Floating      | 5.19%                 | No            |                  2 | On Loan: No      |
| Polaris Inc.                                                                         | PII 6.95 03/15/29                                                                                                                                      | CUSIP: 731068AA0<br>LEI: 549300QJSN8UVWN1EI78 | Long             | DBT              | CORP              | US        |   1050000 | PA      | $1099659.54   | 0.04%             | 2029-03-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA, NATIONAL ASSOCIATION                                                | SWOP IRS USD                                                                                                                                           | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DIR              | CORP              | US        |  23992000 | NC      | $109813.69    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                                          | SWOP IRS USD                                                                                                                                           | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DIR              | CORP              | FR        | -15968750 | NC      | $-73350.67    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                                                                    | SWOP IRS USD                                                                                                                                           | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DIR              | CORP              | GB        |  23993000 | NC      | $109818.27    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GS MORTGAGE-BACKED SECURITIES TRUST 2020-NQM1                                        | GSMBS 2020-NQM1 A2                                                                                                                                     | CUSIP: 36259WAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     93232 | PA      | $88185.57     | 0.00%             | 2060-09-25      | Variable      | 1.79%                 | No            |                  3 | On Loan: No      |
| Sumitomo Mitsui Financial Group Inc.                                                 | SUMIBK F 07/09/29                                                                                                                                      | CUSIP: 86562MDL1<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |   1000000 | PA      | $1005260.00   | 0.04%             | 2029-07-09      | Floating      | 4.80%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                                          | SWOP IRS USD                                                                                                                                           | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DIR              | CORP              | FR        | -20304000 | NC      | $-46195.77    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| APA Corp.                                                                            | APA 5.35 07/01/49 .                                                                                                                                    | CUSIP: 03743QBG2<br>LEI: 549300VCIWLRHYVSHC79 | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1053316.60   | 0.04%             | 2049-07-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                                                       | SWOP IRS USD                                                                                                                                           | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DIR              | CORP              | US        |  38606000 | NC      | $177629.14    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| AVANTOR FUNDING INC                                                                  | AVANTOR FUNDING INC                                                                                                                                    | CUSIP: 000000000<br>LEI: 5493003VM0XB4U8YD238 | Long             | LON              | CORP              | US        |   1179474 | PA      | $1364331.35   | 0.05%             | 2032-10-12      | Floating      | 4.39%                 | No            |                  2 | On Loan: No      |
| Wingstop Funding LLC                                                                 | WSTOP 2024-1A A2                                                                                                                                       | CUSIP: 974153AE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1500000 | PA      | $1523352.45   | 0.05%             | 2054-12-05      | Fixed         | 5.86%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                                                | BAC V6.625 PERP                                                                                                                                        | CUSIP: 06055HAH6<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4100980.00   | 0.15%             | N/A             | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Frem Mil Hse Tr 2015-R1                                                              | FMMHR 2015-R1 A3                                                                                                                                       | CUSIP: 35563CAS7<br>LEI: 549300ZG8WH0M4JSUM77 | Long             | ABS-O            | USGSE             | US        |   2562223 | PA      | $2326903.09   | 0.08%             | 2052-11-25      | Variable      | 4.45%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                                                    | WFC V6.125 PERP GG                                                                                                                                     | CUSIP: 95002YAE3<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   7900000 | PA      | $7929733.15   | 0.28%             | N/A             | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| First Republic Bank San Francisco                                                    | First Republic Bank San Francisco DEPOSITARY SHARES EACH REPRESENTING A 1/40TH INTEREST IN A SHARE OF 4.25% NONCUMULATIVE PERPETUAL SERIES L PREFERRED | CUSIP: 33616C746<br>LEI: YWC0TIKBQM2JV8L4IV08 | Long             | EP               | CORP              | US        |     77975 | NS      | $15.60        | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Figre Trust 2023-HE1                                                                 | BMP 2024-MF23 B                                                                                                                                        | CUSIP: 05593JAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $999375.00    | 0.04%             | 2041-06-17      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| LIGHTNING 2022-1 A FUNDED                                                            | LIGHTNING 2022-1 A FUNDED                                                                                                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   3400000 | PA      | $3222669.50   | 0.11%             | 2037-03-01      | Fixed         | 5.50%                 | No            |                  3 | On Loan: No      |
| Targa Resources Corp.                                                                | TRGP 6.05 05/15/56                                                                                                                                     | CUSIP: 87612GAU5<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1063470.51   | 0.04%             | 2056-05-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| BGC Group Inc                                                                        | BGC 8 05/25/28                                                                                                                                         | CUSIP: 088929AC8<br>LEI: 2549001IGRCG4F0RLD36 | Long             | DBT              | CORP              | US        |    930000 | PA      | $980241.51    | 0.03%             | 2028-05-25      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Panama (Republic of)                                                                 | PANAMA 4.5 01/19/63                                                                                                                                    | CUSIP: 698299BS2<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |   2600000 | PA      | $1898650.00   | 0.07%             | 2063-01-19      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CF HIPPOLYTA ISSUER LLC                                                              | SORT 2020-1 B1                                                                                                                                         | CUSIP: 12530MAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    674589 | PA      | $414871.70    | 0.01%             | 2060-07-15      | Fixed         | 2.28%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                     | FR WA2518                                                                                                                                              | CUSIP: 3132WWAU6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1273165 | PA      | $898835.06    | 0.03%             | 2050-05-01      | Fixed         | 1.98%                 | No            |                  2 | On Loan: No      |
| CIMIC Finance (USA) Pty Ltd                                                          | CIMAU 7 03/25/34 144A                                                                                                                                  | CUSIP: 171873AB8<br>LEI: 213800GNWSV32LXHCZ50 | Long             | DBT              | CORP              | AU        |    970000 | PA      | $1032499.11   | 0.04%             | 2034-03-25      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Flowserve Corporation                                                                | FLS 3.5 10/01/30                                                                                                                                       | CUSIP: 34354PAF2<br>LEI: 6Y0GK87T6V7NJKZJVM41 | Long             | DBT              | CORP              | US        |    550000 | PA      | $517378.83    | 0.02%             | 2030-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank, National Association                                            | USD/EUR FORWARD                                                                                                                                        | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              | CORP              | US        |         1 | NC      | $15015.18     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Western & Southern Life Insurance Co.                                                | WSFIN 3.75 04/28/61 144A                                                                                                                               | CUSIP: 95765PAE9<br>LEI: IN763J7JWIZ46OJ1T526 | Long             | DBT              | CORP              | US        |    470000 | PA      | $314806.42    | 0.01%             | 2061-04-28      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FNR 2025-69 DA                                                                                                                                         | CUSIP: 3136BWB21<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |   5310925 | PA      | $5318516.99   | 0.19%             | 2051-10-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| APOLLO AVIATION SECURITIZATION EQUITY TRUST 2021-2                                   | AASET 2021-2A A                                                                                                                                        | CUSIP: 00258BAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2538906 | PA      | $2399579.43   | 0.09%             | 2047-01-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| TPG Operating Group II LP                                                            | TPG 5.375 01/15/36                                                                                                                                     | CUSIP: 872652AB8<br>LEI: 2549001H9RJQNZT7MU11 | Long             | DBT              | CORP              | US        |   4346000 | PA      | $4203032.72   | 0.15%             | 2036-01-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Nassau Companies Of New York                                                         | NASSAU 7.875 07/15/30 144A                                                                                                                             | CUSIP: 63155AAA6<br>LEI: 549300Q3ENSFI87YLC32 | Long             | DBT              | CORP              | US        |   1047000 | PA      | $956401.62    | 0.03%             | 2030-07-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Central Storage Safety Project Trust                                                 | CNTSTO 4.823 02/01/38 144A                                                                                                                             | CUSIP: 155431AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    705600 | PA      | $675004.30    | 0.02%             | 2038-02-01      | Fixed         | 4.82%                 | Yes           |                  2 | On Loan: No      |
| Trustage Financial Group Inc                                                         | CUNAMU 4.625 04/15/32 144A                                                                                                                             | CUSIP: 89787EAA9<br>LEI: 549300X7YNHNZXTI6F10 | Long             | DBT              | CORP              | US        |   1750000 | PA      | $1672794.64   | 0.06%             | 2032-04-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Venture Global Plaquemines Lng LLC                                                   | VEGLPL 6.75 01/15/36 144A                                                                                                                              | CUSIP: 922966AD8<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1482812.80   | 0.05%             | 2036-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CROSS 2024-H7 MORTGAGED TRUST                                                        | CROSS 2024-H7 A1                                                                                                                                       | CUSIP: 22757CAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2337494 | PA      | $2345012.11   | 0.08%             | 2069-11-25      | Variable      | 5.58%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                                                      | CDS CDX.NA.HY.43.V1                                                                                                                                    | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              | CORP              | US        |         1 | NC      | $-312094.73   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Barclays PLC                                                                         | BACR V4.521 02/24/32                                                                                                                                   | CUSIP: 06738EDJ1<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    900000 | PA      | $880284.24    | 0.03%             | 2032-02-24      | Fixed         | 4.52%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                                                             | JPY CALL VERSUS USD PUT                                                                                                                                | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | US        |   1016000 | NC      | $0.00         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Sierra Pacific Power Company                                                         | BRKHEC V6.2 12/15/55                                                                                                                                   | CUSIP: 826418BR5<br>LEI: QB888G5GSVGE1LD1WV84 | Long             | DBT              | CORP              | US        |    675000 | PA      | $656519.65    | 0.02%             | 2055-12-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| ARES DIRECT LENDING CLO 6 LLC                                                        | ARESDL 2025-2A B                                                                                                                                       | CUSIP: 039960AE9<br>LEI: 254900F5EQV7KVCD4M68 | Long             | ABS-CBDO         | CORP              | US        |   5350000 | PA      | $5333003.59   | 0.19%             | 2037-10-16      | Floating      | 5.55%                 | No            |                  2 | On Loan: No      |
| Standard Chartered PLC                                                               | STANLN V4.529 06/05/32 144A                                                                                                                            | CUSIP: 85325C2N1<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |   1100000 | PA      | $1074040.12   | 0.04%             | 2032-06-05      | Fixed         | 4.53%                 | No            |                  2 | On Loan: No      |
| JCP DIRECT LENDING CLO 2023-1 LTD                                                    | JCPDL 2023-1A A1R                                                                                                                                      | CUSIP: 46656TAS5<br>LEI: 254900B78BA7J8JB6X59 | Long             | ABS-CBDO         | CORP              | JE        |   2400000 | PA      | $2400185.52   | 0.09%             | 2037-07-20      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FN AN9222                                                                                                                                              | CUSIP: 3138LNG88<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    583292 | PA      | $541084.69    | 0.02%             | 2048-05-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                                          | SWOP IRS USD                                                                                                                                           | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DIR              | CORP              | FR        | -15968750 | NC      | $-13202.39    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FN FA1481                                                                                                                                              | CUSIP: 3140W1UF8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3676106 | PA      | $3701112.89   | 0.13%             | 2055-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Canyon Capital CLO 2014-1 Ltd.                                                       | CANYC 2014-1A A2R                                                                                                                                      | CUSIP: 13875LAQ1<br>LEI: 549300W778MFSPI8C872 | Long             | ABS-CBDO         | CORP              | KY        |   1900000 | PA      | $1892678.35   | 0.07%             | 2031-01-30      | Floating      | 5.43%                 | No            |                  2 | On Loan: No      |
| Corporacion Nacional del Cobre de Chile                                              | CDEL 5.529 01/30/37 144A                                                                                                                               | CUSIP: 21987BBQ0<br>LEI: 549300UVMBCBCIPSUI70 | Long             | DBT              | CORP              | CL        |    725000 | PA      | $711638.25    | 0.03%             | 2037-01-30      | Fixed         | 5.53%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                                                         | T 4.75 08/15/55                                                                                                                                        | CUSIP: 912810UM8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    420000 | PA      | $409303.13    | 0.01%             | 2055-08-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| OWL ROCK CLO IV LTD                                                                  | OR 2020-4A A1R                                                                                                                                         | CUSIP: 691200AC3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   2886125 | PA      | $2883682.36   | 0.10%             | 2033-08-22      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| Enbridge Inc.                                                                        | ENBCN 6.7 11/15/53                                                                                                                                     | CUSIP: 29250NBZ7<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    940000 | PA      | $1020121.98   | 0.04%             | 2053-11-15      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD                               | FHR 5566 EA                                                                                                                                            | CUSIP: 3137HMHR4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |   3214461 | PA      | $3216615.05   | 0.11%             | 2051-11-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GS MORTGAGE-BACKED SECURITIES TRUST 2021-PJ10                                        | GSMBS 2021-PJ10 A6                                                                                                                                     | CUSIP: 36262PAF8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3861858 | PA      | $3593426.27   | 0.13%             | 2052-03-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2025-2                                                    | VERUS 2025-2 A2                                                                                                                                        | CUSIP: 92540VAD7<br>LEI: 213800TTP1CNX4WER720 | Long             | ABS-O            | CORP              | US        |   1157298 | PA      | $1157437.53   | 0.04%             | 2070-03-25      | Variable      | 5.51%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD                               | FHR 5564 CA                                                                                                                                            | CUSIP: 3137HMCR9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |   1697725 | PA      | $1700407.18   | 0.06%             | 2052-02-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bravo Residential Funding Trust 2024-CES1                                            | BRAVO 2024-CES1 A1A                                                                                                                                    | CUSIP: 10570NAA6<br>LEI: 254900UJENIYH5UEYD42 | Long             | ABS-O            | CORP              | US        |    589204 | PA      | $594300.27    | 0.02%             | 2054-04-25      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| BR SECONDARIES & LQDITY SOLUTIONS                                                    | BR SECONDARIES & LQDITY SOLUTIONS                                                                                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1124722 | PA      | $1124846.53   | 0.04%             | 2030-06-15      | Floating      | 6.60%                 | No            |                  3 | On Loan: No      |
| Morgan Stanley                                                                       | MS V4.708 03/12/32                                                                                                                                     | CUSIP: 61747YGB5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   1490000 | PA      | $1479967.71   | 0.05%             | 2032-03-12      | Fixed         | 4.71%                 | No            |                  2 | On Loan: No      |
| FS RIALTO 2021-FL2 ISSUER LTD                                                        | FSRIA 2021-FL2 A                                                                                                                                       | CUSIP: 30319YAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1020795 | PA      | $1020338.62   | 0.04%             | 2038-05-18      | Floating      | 4.99%                 | No            |                  2 | On Loan: No      |
| ANGEL OAK MORTGAGE TRUST 2020-1                                                      | AOMT 2020-1 A3                                                                                                                                         | CUSIP: 03464RAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    121680 | PA      | $118812.14    | 0.00%             | 2059-12-25      | Variable      | 2.77%                 | No            |                  3 | On Loan: No      |
| SONIC CAPITAL LLC                                                                    | SONIC 2021-1A A2I                                                                                                                                      | CUSIP: 83546DAN8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2191725 | PA      | $2036036.47   | 0.07%             | 2051-08-20      | Fixed         | 2.19%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Residential Mortgage Loan Trust 2024-Nqm3                             | MSRM 2024-NQM3 A2                                                                                                                                      | CUSIP: 61776UAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    608228 | PA      | $606200.82    | 0.02%             | 2069-07-25      | Variable      | 5.35%                 | No            |                  2 | On Loan: No      |
| WEC Energy Group Inc.                                                                | WEC V5.625 05/15/56                                                                                                                                    | CUSIP: 92939UAU0<br>LEI: 549300IGLYTZUK3PVP70 | Long             | DBT              | CORP              | US        |   1075000 | PA      | $1053317.14   | 0.04%             | 2056-05-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| KBC Group NV                                                                         | KBCBB V6.324 09/21/34 144A                                                                                                                             | CUSIP: 48241FAC8<br>LEI: 213800X3Q9LSAKRUWY91 | Long             | DBT              | CORP              | BE        |    960000 | PA      | $1027086.54   | 0.04%             | 2034-09-21      | Fixed         | 6.32%                 | No            |                  2 | On Loan: No      |
| HOME PARTNERS OF AMERICA 2021-2 TRUST                                                | HPA 2021-2 C                                                                                                                                           | CUSIP: 43732VAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    479672 | PA      | $470687.59    | 0.02%             | 2026-12-17      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| AMERICAN HOME MORTGAGE INVESTMENT TRUST 2007-1                                       | AHM 2007-1 GIOP                                                                                                                                        | CUSIP: 026932AF0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5481562 | PA      | $841390.69    | 0.03%             | 2047-05-25      | Fixed         | 2.08%                 | No            |                  2 | On Loan: No      |
| Dominion Energy Inc                                                                  | D V6 02/15/56 **                                                                                                                                       | CUSIP: 25746UDZ9<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1092989.59   | 0.04%             | 2056-02-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Triton Container International Ltd.                                                  | TRTN 3.15 06/15/31 144A                                                                                                                                | CUSIP: 89680YAC9<br>LEI: 549300O4LZFLCX53XZ54 | Long             | DBT              | CORP              | BM        |    930000 | PA      | $840908.09    | 0.03%             | 2031-06-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                                                      | CVS 6.2 09/15/55                                                                                                                                       | CUSIP: 126650EL0<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    325000 | PA      | $321914.91    | 0.01%             | 2055-09-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION                                            | SWOP IRS USD                                                                                                                                           | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DIR              | CORP              | US        |  28853000 | NC      | $131888.01    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| U.S. Treasury Bond Stripped Principal Payment                                        | SP 0 02/15/46                                                                                                                                          | CUSIP: 912803ER0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   9880000 | PA      | $3639029.17   | 0.13%             | 2046-02-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FIGRE TRUST 2025-HE1                                                                 | FIGRE 2025-HE1 A                                                                                                                                       | CUSIP: 30191LAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1295018 | PA      | $1303136.98   | 0.05%             | 2055-01-25      | Variable      | 5.83%                 | No            |                  2 | On Loan: No      |
| Plains All American Pipeline L.P.                                                    | PAA 5.6 01/15/36                                                                                                                                       | CUSIP: 72650RBS0<br>LEI: 5521FA2ITF25TVH63740 | Long             | DBT              | CORP              | US        |   2400000 | PA      | $2407777.25   | 0.09%             | 2036-01-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Atlassian Corporation                                                                | TEAM 5.5 05/15/34                                                                                                                                      | CUSIP: 049468AB7<br>LEI: 549300V7ZY5P02D2MY38 | Long             | DBT              | CORP              | US        |    629000 | PA      | $615939.94    | 0.02%             | 2034-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Philip Morris International Inc.                                                     | PM 5.25 02/13/34                                                                                                                                       | CUSIP: 718172DJ5<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    750000 | PA      | $763725.88    | 0.03%             | 2034-02-13      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| OWL ROCK CLO I LLC                                                                   | OR 2019-1A ANR                                                                                                                                         | CUSIP: 69121XAA4<br>LEI: 254900UH3TN3NOFGWD32 | Long             | ABS-CBDO         | CORP              | US        |   2000000 | PA      | $2008666.00   | 0.07%             | 2036-02-20      | Floating      | 6.06%                 | No            |                  2 | On Loan: No      |
| NAVIGATOR 2024-1 AVIATION LIMITED                                                    | NAVTR 2024-1 A                                                                                                                                         | CUSIP: 63943DAA7<br>LEI: 984500UF8C3O89B30652 | Long             | ABS-O            | CORP              | KY        |   3725000 | PA      | $3701908.51   | 0.13%             | 2049-08-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| ARES DIRECT LENDING CLO 6 LLC                                                        | ARESDL 2025-2A A1                                                                                                                                      | CUSIP: 039960AA7<br>LEI: 254900F5EQV7KVCD4M68 | Long             | ABS-CBDO         | CORP              | US        |   2700000 | PA      | $2705088.15   | 0.10%             | 2037-10-16      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| RWC COMMERCIAL MORTGAGE 2025-1                                                       | RWC 2025-1 A                                                                                                                                           | CUSIP: 78348LAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2254358 | PA      | $2241043.30   | 0.08%             | 2040-06-27      | Fixed         | 5.01%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                         | T 4 11/15/35                                                                                                                                           | CUSIP: 91282CPJ4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  21725000 | PA      | $21192058.59  | 0.75%             | 2035-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TARRANT CNTY TEX CULTURAL ED FACS FIN CORP                                           | TX TAREDU 2.69 09/01/2033                                                                                                                              | CUSIP: 87638QRE1<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |    500000 | PA      | $439199.10    | 0.02%             | 2033-09-01      | Fixed         | 2.69%                 | No            |                  2 | On Loan: No      |
| GCAT 2023-NQM3 TRUST                                                                 | GCAT 2023-NQM3 A1                                                                                                                                      | CUSIP: 36169GAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1093401 | PA      | $1100003.60   | 0.04%             | 2068-08-25      | Variable      | 6.89%                 | No            |                  2 | On Loan: No      |
| AS MILEAGE PLAN IP LTD                                                               | Alaska Air Term Loan B 175 2031-10-01                                                                                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   5184375 | PA      | $5149795.22   | 0.18%             | 2031-10-15      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| SALUDA GRADE ALTERNATIVE MORTGAGE TRUST 2025-RRTL1                                   | GRADE 2025-RRTL1 A1                                                                                                                                    | CUSIP: 79582NAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3650000 | PA      | $3633264.75   | 0.13%             | 2040-10-25      | Variable      | 5.32%                 | No            |                  2 | On Loan: No      |
| MADISON PARK FUNDING XLVIII LTD                                                      | MDPK 2021-48A CR                                                                                                                                       | CUSIP: 55821UAS3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4000000 | PA      | $3998340.80   | 0.14%             | 2039-01-19      | Variable      | 5.42%                 | No            |                  2 | On Loan: No      |
| Brookfield Finance Inc.                                                              | BNCN 5.813 03/03/55                                                                                                                                    | CUSIP: 11271LAP7<br>LEI: 549300XH8D8K6OYWGD17 | Long             | DBT              | CORP              | CA        |   1990000 | PA      | $1885116.13   | 0.07%             | 2055-03-03      | Fixed         | 5.81%                 | No            |                  2 | On Loan: No      |
| Pershing Square Holdings, Ltd.                                                       | PSHNA 3.25 11/15/30 REGS                                                                                                                               | CUSIP: 000000000<br>LEI: U7LC4KOKCTZ0YWGI2G56 | Long             | DBT              | CORP              | GG        |   1900000 | PA      | $1745677.14   | 0.06%             | 2030-11-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CROSS 2025-H1 MORTGAGE TRUST                                                         | CROSS 2025-H1 A2                                                                                                                                       | CUSIP: 22758NAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1044710 | PA      | $1049180.94   | 0.04%             | 2070-02-25      | Variable      | 5.89%                 | No            |                  2 | On Loan: No      |
| Vertiv Holdings Co                                                                   | VRT 5.8 03/15/56                                                                                                                                       | CUSIP: 92537NAC2<br>LEI: 549300KTTIRAOGXCRV69 | Long             | DBT              | CORP              | US        |   1125000 | PA      | $1081398.17   | 0.04%             | 2056-03-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                                                         | ORCL 6 08/03/55                                                                                                                                        | CUSIP: 68389XDB8<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   1060000 | PA      | $888685.66    | 0.03%             | 2055-08-03      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PFP 2026-13 LTD                                                                      | PFP 2026-13 B                                                                                                                                          | CUSIP: 716966AE6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    750000 | PA      | $749355.15    | 0.03%             | 2043-08-18      | Floating      | 5.53%                 | No            |                  2 | On Loan: No      |
| Acrec 2025-FL3 LLC                                                                   | ACREC 2025-FL3 B                                                                                                                                       | CUSIP: 00112HAE7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1000000 | PA      | $997994.70    | 0.04%             | 2042-08-18      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                         | T 4.625 04/30/31                                                                                                                                       | CUSIP: 91282CKN0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  60000000 | PA      | $61781250.00  | 2.20%             | 2031-04-30      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Metis Issuer 2025-1 LLC                                                              | Metis Issuer 2025-1 LLC 6.892% NTS 15/05/2055 USD (144A)                                                                                               | CUSIP: 59155MAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2400000 | PA      | $2387194.37   | 0.08%             | 2055-05-15      | Fixed         | 6.89%                 | No            |                  3 | On Loan: No      |
| LG Energy Solution Ltd.                                                              | LGENSO 5.5 07/02/34 144A                                                                                                                               | CUSIP: 50205MAE9<br>LEI: 988400QX6P286XA6ZS85 | Long             | DBT              | CORP              | KR        |   1600000 | PA      | $1582146.50   | 0.06%             | 2034-07-02      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group PLC                                                             | LLOYDS V4.425 11/04/31                                                                                                                                 | CUSIP: 53944YBD4<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |   1090000 | PA      | $1074674.74   | 0.04%             | 2031-11-04      | Fixed         | 4.42%                 | No            |                  2 | On Loan: No      |
| Florida Gas Transmission Co.                                                         | CITCOR 5.75 07/15/35 144A                                                                                                                              | CUSIP: 340711BC3<br>LEI: 549300Q0UQF87NXNOC32 | Long             | DBT              | CORP              | US        |    625000 | PA      | $641235.36    | 0.02%             | 2035-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| GOLUB CAPITAL PARTNERS CLO 54M-R LTD                                                 | GOCAP 2021-54A BR                                                                                                                                      | CUSIP: 38181GAE5<br>LEI: 2549007JA1TZWEDGPD41 | Long             | ABS-CBDO         | CORP              | US        |   1500000 | PA      | $1495567.35   | 0.05%             | 2037-08-05      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FNMA-15YR                                                                                                                                              | CUSIP: 01F042467<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   8551356 | PA      | $8476065.76   | 0.30%             | 2041-06-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Tennessee Valley Authority                                                           | TVA 4.25 09/15/65                                                                                                                                      | CUSIP: 880591ES7<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |   2450000 | PA      | $2013052.30   | 0.07%             | 2065-09-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                                                      | CVS V6.75 12/10/54                                                                                                                                     | CUSIP: 126650EG1<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |   2170000 | PA      | $2197218.31   | 0.08%             | 2054-12-10      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ALT-2 STRUCTURED TRUST                                                               | ALT-2 STRUCTURED TRUST                                                                                                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2245971 | PA      | $2090253.61   | 0.07%             | 2049-12-31      | Floating      | 0.00%                 | No            |                  3 | On Loan: No      |
| Societe Generale S.A.                                                                | SOCGEN V5.4 04/10/37 144A                                                                                                                              | CUSIP: 83368RCN0<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |   2500000 | PA      | $2418568.20   | 0.09%             | 2037-04-10      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Enstar Group Ltd                                                                     | ESGR V7.5 04/01/45 144A                                                                                                                                | CUSIP: 29359UAD1<br>LEI: 213800AMAL5QFXVUCN04 | Long             | DBT              | CORP              | BM        |   1300000 | PA      | $1335943.70   | 0.05%             | 2045-04-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Fairfax Financial Holdings Limited                                                   | FFHCN 6.5 05/20/55                                                                                                                                     | CUSIP: 303901BY7<br>LEI: GLS7OQD0WOEDI8YAP031 | Long             | DBT              | CORP              | CA        |   1000000 | PA      | $1026029.13   | 0.04%             | 2055-05-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Hyatt Hotels Corporation                                                             | H 5.4 12/15/35                                                                                                                                         | CUSIP: 448579AW2<br>LEI: T27JQIMTYSH41TCD5186 | Long             | DBT              | CORP              | US        |   2350000 | PA      | $2301752.71   | 0.08%             | 2035-12-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| AFN ABSPROP001 LLC                                                                   | AFN 2021-1A A1                                                                                                                                         | CUSIP: 00110XAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1399174 | PA      | $1276127.68   | 0.05%             | 2051-05-20      | Fixed         | 2.21%                 | No            |                  2 | On Loan: No      |
| General Motors Company                                                               | GM 5.4 04/01/48                                                                                                                                        | CUSIP: 37045VAQ3<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |    590000 | PA      | $516650.40    | 0.02%             | 2048-04-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| TARRANT CNTY TEX CULTURAL ED FACS FIN CORP                                           | TX TAREDU 3.29 09/01/2040                                                                                                                              | CUSIP: 87638QRH4<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   2100000 | PA      | $1726161.15   | 0.06%             | 2040-09-01      | Fixed         | 3.29%                 | No            |                  2 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION                                                     | VIX E 2026-04-15 CALL 50                                                                                                                               | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               | CORP              | US        |     -1062 | NC      | $-35046.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Ford Motor Credit Company LLC                                                        | F 5.753 04/06/33                                                                                                                                       | CUSIP: 345397J38<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    538000 | PA      | $527965.91    | 0.02%             | 2033-04-06      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                                            | SWOP IRS USD                                                                                                                                           | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | N/A              | DIR              | CORP              | CA        | -14392000 | NC      | $-41795.38    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| TIF FUNDING II LLC                                                                   | TIF 2021-1A A                                                                                                                                          | CUSIP: 872480AE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    551792 | PA      | $503378.96    | 0.02%             | 2046-02-20      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| U.S. Treasury Bond Stripped Principal Payment                                        | SP 0 05/15/44                                                                                                                                          | CUSIP: 912803EH2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  22370000 | PA      | $9072445.65   | 0.32%             | 2044-05-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CONSTAR INTL HLDGS LLC - CLASS A                                                     | CONSTAR INTL HLDGS LLC - CLASS A                                                                                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |        68 | NS      | $0.01         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Canadian Imperial Bank of Commerce                                                   | CM V4.58 09/08/31                                                                                                                                      | CUSIP: 13607QFE7<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |   1050000 | PA      | $1045532.76   | 0.04%             | 2031-09-08      | Fixed         | 4.58%                 | No            |                  2 | On Loan: No      |
| LG Energy Solution Ltd.                                                              | LGENSO 5.25 04/02/31 144A                                                                                                                              | CUSIP: 50205MAL3<br>LEI: 988400QX6P286XA6ZS85 | Long             | DBT              | CORP              | KR        |   4925000 | PA      | $4909729.00   | 0.17%             | 2031-04-02      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TARRANT CNTY TEX CULTURAL ED FACS FIN CORP                                           | TX TAREDU 2.41 09/01/2031                                                                                                                              | CUSIP: 87638QRC5<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |    450000 | PA      | $406866.47    | 0.01%             | 2031-09-01      | Fixed         | 2.41%                 | No            |                  2 | On Loan: No      |
| Pershing Square Holdings, Ltd.                                                       | PSHNA 3.25 10/01/31 144A                                                                                                                               | CUSIP: 000000000<br>LEI: U7LC4KOKCTZ0YWGI2G56 | Long             | DBT              | CORP              | GG        |   6200000 | PA      | $5565714.02   | 0.20%             | 2031-10-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp.                                                          | COF V6.051 02/01/35                                                                                                                                    | CUSIP: 14040HDF9<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    750000 | PA      | $775063.90    | 0.03%             | 2035-02-01      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| CEAMER FINANCE IV LLC                                                                | CEAMER FINANCE IV LLC                                                                                                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2050000 | PA      | $2038917.62   | 0.07%             | 2040-12-15      | Floating      | 6.18%                 | No            |                  3 | On Loan: No      |
| OWL ROCK CLO XXI LLC                                                                 | OR 2025-21A B                                                                                                                                          | CUSIP: 69120UAB9<br>LEI: 2549000CE1W4KBWC2X49 | Long             | ABS-CBDO         | CORP              | US        |   1050000 | PA      | $1049465.87   | 0.04%             | 2034-07-24      | Floating      | 5.57%                 | No            |                  2 | On Loan: No      |
| Evergy Metro Inc.                                                                    | EVRG 5.125 08/15/35                                                                                                                                    | CUSIP: 30037DAE5<br>LEI: 1128SIJQ26096WL7IO82 | Long             | DBT              | CORP              | US        |   6025000 | PA      | $5994924.16   | 0.21%             | 2035-08-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Frem Mil Hse Tr 2015-R1                                                              | FMMHR 2015-R1 B1                                                                                                                                       | CUSIP: 35563CAD0<br>LEI: 549300ZG8WH0M4JSUM77 | Long             | ABS-O            | USGSE             | US        |   2340044 | PA      | $2041203.50   | 0.07%             | 2055-11-25      | Variable      | 4.65%                 | No            |                  2 | On Loan: No      |
| EAGLE POINT 1L DDTL FUNDED                                                           | EAGLE POINT 1L DDTL FUNDED                                                                                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    389526 | PA      | $389526.00    | 0.01%             | 2028-03-31      | Floating      | 7.50%                 | No            |                  3 | On Loan: No      |
| WASHINGTON MUTUAL MORTGAGE PASS-THROUGH CERTIFICATES WMALT SERIES 2005-AR18 TRUST    | WMALT 2006-AR9 2A                                                                                                                                      | CUSIP: 939346AB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    197115 | PA      | $172184.67    | 0.01%             | 2046-11-25      | Floating      | 4.70%                 | No            |                  2 | On Loan: No      |
| CERBERUS LOAN FDG XLIV 2024-44                                                       | CERB 2023-5A A                                                                                                                                         | CUSIP: 15674DAA2<br>LEI: 6354005DPIRML7EMPA20 | Long             | ABS-CBDO         | CORP              | US        |   8900000 | PA      | $8907505.37   | 0.32%             | 2036-01-15      | Floating      | 6.02%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                     | FR RA9163                                                                                                                                              | CUSIP: 3133KRFC3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2981693 | PA      | $3036525.51   | 0.11%             | 2053-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Belvoir Land LLC                                                                     | FTBELV 5.6 12/15/35 A-3                                                                                                                                | CUSIP: 081331AH3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $988060.00    | 0.04%             | 2035-12-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| HF Sinclair Corp.                                                                    | DINO 5.5 09/01/32                                                                                                                                      | CUSIP: 403949AT7<br>LEI: 2549009G116AM01XHN24 | Long             | DBT              | CORP              | US        |   1375000 | PA      | $1378132.72   | 0.05%             | 2032-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                                                       | SWOP IRS USD                                                                                                                                           | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DIR              | CORP              | US        | -38606000 | NC      | $-112114.53   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST                                 | JPMCC 2021-NYAH E                                                                                                                                      | CUSIP: 46654EAJ0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4000000 | PA      | $3393882.00   | 0.12%             | 2038-06-15      | Variable      | 5.88%                 | No            |                  2 | On Loan: No      |
| STADCO LA LLC                                                                        | STADCO LA LLC                                                                                                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1412065.00   | 0.05%             | 2056-05-15      | Fixed         | 3.75%                 | No            |                  3 | On Loan: No      |
| First American Financial Corporation                                                 | FAF 4 05/15/30                                                                                                                                         | CUSIP: 31847RAG7<br>LEI: 549300B6VEZK3N0A1P55 | Long             | DBT              | CORP              | US        |   3180000 | PA      | $3032664.69   | 0.11%             | 2030-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Cars Db4 LP                                                                          | CAUTO 2020-1A B3                                                                                                                                       | CUSIP: 12510HAJ9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1500000 | PA      | $1412212.05   | 0.05%             | 2050-02-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| TEXTAINER MARINE CONTAINERS VII LTD                                                  | TMCL 2021-2A A                                                                                                                                         | CUSIP: 88315LAQ1<br>LEI: 549300X48KLHDDGPK024 | Long             | ABS-O            | CORP              | BM        |   1195133 | PA      | $1127399.73   | 0.04%             | 2046-04-20      | Fixed         | 2.23%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                                          | SWOP IRS USD                                                                                                                                           | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DIR              | CORP              | FR        | -11406250 | NC      | $-46574.48    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| PartnerRe Finance B LLC                                                              | PRE V4.5 10/01/50                                                                                                                                      | CUSIP: 70213BAC5<br>LEI: 549300O0FAGHK2F79881 | Long             | DBT              | CORP              | US        |   4040000 | PA      | $3867630.98   | 0.14%             | 2050-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| VANTAGE DATA CENTERS ISSUER LLC                                                      | VDC 2025-1A A2                                                                                                                                         | CUSIP: 92212KAH9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4850000 | PA      | $4744989.74   | 0.17%             | 2055-08-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                                          | SWOP IRS USD                                                                                                                                           | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DIR              | CORP              | FR        | -18250000 | NC      | $-16641.84    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Nokia Corp                                                                           | NOKIA 6.625 05/15/39                                                                                                                                   | CUSIP: 654902AC9<br>LEI: 549300A0JPRWG1KI7U06 | Long             | DBT              | CORP              | FI        |    980000 | PA      | $1026203.32   | 0.04%             | 2039-05-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                                            | SWOP IRS USD                                                                                                                                           | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | N/A              | DIR              | CORP              | CA        |  14367000 | NC      | $53328.36     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Anchorage Credit Funding 13 Limited                                                  | ANCHF 2021-13A A2                                                                                                                                      | CUSIP: 03290AAJ9<br>LEI: 549300N5JCR10GGBIT41 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $970649.70    | 0.03%             | 2039-07-27      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| PROVIDENT FUNDING MORTGAGE TRUST 2025-4                                              | PFMT 2025-4 A4                                                                                                                                         | CUSIP: 74387AAD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1537509 | PA      | $1539082.96   | 0.05%             | 2055-09-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| ARES DIRECT LENDING CLO 8 LLC                                                        | ARESDL 2025-4A A1                                                                                                                                      | CUSIP: 039933AA4<br>LEI: 2549008VI9L2AN96MC59 | Long             | ABS-CBDO         | CORP              | US        |   1700000 | PA      | $1702959.53   | 0.06%             | 2039-01-20      | Floating      | 5.07%                 | No            |                  2 | On Loan: No      |
| NASSAU 2019 CFO LLC                                                                  | CFOZ 2019-1 A                                                                                                                                          | CUSIP: 63172DAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    286372 | PA      | $264989.66    | 0.01%             | 2034-08-15      | Fixed         | 3.98%                 | Yes           |                  2 | On Loan: No      |
| American Express Company                                                             | AXP V5.412 02/08/41                                                                                                                                    | CUSIP: 025816ES4<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    570000 | PA      | $565592.01    | 0.02%             | 2041-02-08      | Fixed         | 5.41%                 | No            |                  2 | On Loan: No      |
| BXMT 2026-FL6 LTD                                                                    | BXMT 2026-FL6 B                                                                                                                                        | CUSIP: 05620AAE6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4170000 | PA      | $4134399.46   | 0.15%             | 2043-08-19      | Variable      | 5.63%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FN BS1945                                                                                                                                              | CUSIP: 3140LCET4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2535985 | PA      | $1961258.03   | 0.07%             | 2051-05-01      | Fixed         | 2.78%                 | No            |                  2 | On Loan: No      |
| OBX 2024-NQM7 TRUST                                                                  | OBX 2024-NQM7 A3                                                                                                                                       | CUSIP: 67119FAC7<br>LEI: 254900FVMB3WTXJGGR91 | Long             | ABS-O            | CORP              | US        |    534213 | PA      | $538205.39    | 0.02%             | 2064-03-25      | Variable      | 6.60%                 | No            |                  2 | On Loan: No      |
| HPS PRIVATE CREDIT CLO 2025-3 LLC                                                    | HPSPR 2025-3A A1                                                                                                                                       | CUSIP: 40445YAA2<br>LEI: 254900WC9JHPFFXUKB77 | Long             | ABS-CBDO         | CORP              | US        |   1500000 | PA      | $1500901.05   | 0.05%             | 2037-07-20      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.                                          | 2-Year T-Note Futures, Jun-2026,ETH                                                                                                                    | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       346 | NC      | $-115862.33   | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Brookfield Capital Finance LLC                                                       | BNCN 6.087 06/14/33                                                                                                                                    | CUSIP: 11259NAA2<br>LEI: 254900P8CLQEIJ039941 | Long             | DBT              | CORP              | US        |   1040000 | PA      | $1084638.14   | 0.04%             | 2033-06-14      | Fixed         | 6.09%                 | No            |                  2 | On Loan: No      |
| Global Atlantic Finance Co.                                                          | GBLATL 6.75 03/15/54 144A                                                                                                                              | CUSIP: 37959GAF4<br>LEI: 98450051B2E65CAA7E94 | Long             | DBT              | CORP              | US        |    969000 | PA      | $902654.31    | 0.03%             | 2054-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| TENET EQUITY FUNDING SPE I , III LLC                                                 | TENET 2024-1A A1                                                                                                                                       | CUSIP: 88035KAA7<br>LEI: 254900PL130UZ4FW1R84 | Long             | ABS-O            | CORP              | US        |    996562 | PA      | $995063.97    | 0.04%             | 2054-10-20      | Fixed         | 5.49%                 | No            |                  2 | On Loan: No      |
| Wingstop Funding LLC                                                                 | WSTOP 2022-1A A2                                                                                                                                       | CUSIP: 974153AD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    248125 | PA      | $238001.43    | 0.01%             | 2052-03-05      | Fixed         | 3.73%                 | No            |                  2 | On Loan: No      |
| Bank of Nova Scotia                                                                  | BNS F 08/01/29 GMTN                                                                                                                                    | CUSIP: 06418GAJ6<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |   1010000 | PA      | $1017533.75   | 0.04%             | 2029-08-01      | Floating      | 4.71%                 | No            |                  2 | On Loan: No      |
| Foundry JV Holdco LLC.                                                               | FABSJV 6.4 01/25/38                                                                                                                                    | CUSIP: 350930AE3<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |   2420000 | PA      | $2522579.25   | 0.09%             | 2038-01-25      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| TOWD POINT MORTGAGE TRUST 2024-4                                                     | TPMT 2024-4 A1A                                                                                                                                        | CUSIP: 89183GAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2283032 | PA      | $2284930.10   | 0.08%             | 2064-10-25      | Variable      | 4.55%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc.                                                            | GS V5.387 02/02/41                                                                                                                                     | CUSIP: 38145GAU4<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   2850000 | PA      | $2753529.78   | 0.10%             | 2041-02-02      | Fixed         | 5.39%                 | No            |                  2 | On Loan: No      |
| VB-S1 ISSUER LLC                                                                     | VBTEL 2026-1A C2                                                                                                                                       | CUSIP: 91825HAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4750000 | PA      | $4667088.28   | 0.17%             | 2056-03-15      | Fixed         | 4.69%                 | No            |                  2 | On Loan: No      |
| HLEND CLO 2025-4 LLC                                                                 | HLEND 2025-4A B                                                                                                                                        | CUSIP: 43367AAC8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   4450000 | PA      | $4436447.53   | 0.16%             | 2037-08-17      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Commonwealth Bank of Australia                                                       | CBAAU V5.929 03/14/46 144A                                                                                                                             | CUSIP: 202712BX2<br>LEI: MSFSBD3QN1GSN7Q6C537 | Long             | DBT              | CORP              | AU        |   3420000 | PA      | $3415103.52   | 0.12%             | 2046-03-14      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| FS RIALTO 2021-FL3 ISSUER LTD                                                        | FSRIA 2021-FL3 C                                                                                                                                       | CUSIP: 30323CAG5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1998446.00   | 0.07%             | 2036-11-18      | Floating      | 5.84%                 | No            |                  2 | On Loan: No      |
| ANGEL OAK MORTGAGE TRUST 2025-12                                                     | AOMT 2025-12 A3                                                                                                                                        | CUSIP: 03466KAE6<br>LEI: 254900ZULW8CAJ29C630 | Long             | ABS-O            | CORP              | US        |   2568774 | PA      | $2554621.79   | 0.09%             | 2070-12-25      | Variable      | 5.34%                 | No            |                  2 | On Loan: No      |
| Global Payments Inc                                                                  | GPN 5.4 03/15/33                                                                                                                                       | CUSIP: 37940XBB7<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |   1240000 | PA      | $1210205.50   | 0.04%             | 2033-03-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                         | T 4.125 11/15/27                                                                                                                                       | CUSIP: 91282CLX7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  25000000 | PA      | $25107422.00  | 0.89%             | 2027-11-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE SA                                                                   | ACAFP V5.261 01/12/37 144A                                                                                                                             | CUSIP: 22535WAU1<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |   2600000 | PA      | $2543472.44   | 0.09%             | 2037-01-12      | Fixed         | 5.26%                 | No            |                  2 | On Loan: No      |
| OBX 2024-NQM6 TRUST                                                                  | OBX 2024-NQM6 A1                                                                                                                                       | CUSIP: 67118XAA3<br>LEI: 254900LMIQVUH9BFZJ05 | Long             | ABS-O            | CORP              | US        |    644566 | PA      | $650562.10    | 0.02%             | 2064-02-25      | Variable      | 6.45%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bills                                                         | B 0 04/02/26                                                                                                                                           | CUSIP: 912797SD0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4250000 | PA      | $4249571.99   | 0.15%             | 2026-04-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Stewart Information Services Corporation                                             | STC 3.6 11/15/31                                                                                                                                       | CUSIP: 86038AAA0<br>LEI: 529900TV1XI0PLKENU10 | Long             | DBT              | CORP              | US        |   3740000 | PA      | $3306433.02   | 0.12%             | 2031-11-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Evergy Kansas Central Inc.                                                           | EVRG 5.7 03/15/53                                                                                                                                      | CUSIP: 30036FAB7<br>LEI: J75GNWGEO73W89ZV3S44 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $983978.82    | 0.03%             | 2053-03-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                         | T 4 07/31/32                                                                                                                                           | CUSIP: 91282CNR8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  65000000 | PA      | $64672461.10  | 2.30%             | 2032-07-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NAVIGATOR 2025-1 AVIATION LTD                                                        | NAVTR 2025-1 A                                                                                                                                         | CUSIP: 63943GAA0<br>LEI: 984500AWDV89795F0342 | Long             | ABS-O            | CORP              | KY        |    877376 | PA      | $859641.40    | 0.03%             | 2050-10-15      | Fixed         | 5.11%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY CAPITAL SERVICES LLC                                                  | SWOP IRS USD                                                                                                                                           | CUSIP: 000000000<br>LEI: I7331LVCZKQKX5T7XV54 | N/A              | DIR              | CORP              | US        | -15968750 | NC      | $-13202.39    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                                            | SWOP IRS USD                                                                                                                                           | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | N/A              | DIR              | CORP              | CA        | -14367000 | NC      | $-41884.18    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                                                                    | SWOP IRS USD                                                                                                                                           | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DIR              | CORP              | GB        | -23993000 | NC      | $-91324.11    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FS RIALTO 2025-FL10 ISSUER LLC                                                       | FSRIA 2025-FL10 AS                                                                                                                                     | CUSIP: 30340KAC5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1400000 | PA      | $1395752.96   | 0.05%             | 2042-08-19      | Floating      | 5.27%                 | No            |                  2 | On Loan: No      |
| Eagle Funding Luxco S.a.r.l.                                                         | MEXPCP 5.5 08/17/30 144A                                                                                                                               | CUSIP: 26951TAA8<br>LEI: 894500VDP08MVIZ6OA60 | Long             | DBT              | CORP              | LU        |   2950000 | PA      | $2965487.50   | 0.11%             | 2030-08-17      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CROSS 2026-NQM1 MORTGAGE TRUST                                                       | CROSS 2026-NQM1 A2                                                                                                                                     | CUSIP: 22758EAF4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1574582 | PA      | $1556220.96   | 0.06%             | 2061-02-25      | Variable      | 4.95%                 | No            |                  2 | On Loan: No      |
| Nuveen LLC                                                                           | TIAAGL 5.85 04/15/34 144A                                                                                                                              | CUSIP: 67080LAD7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2150000 | PA      | $2221193.27   | 0.08%             | 2034-04-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Foundry JV Holdco LLC.                                                               | FABSJV 5.875 01/25/34                                                                                                                                  | CUSIP: 350930AA1<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2531244.53   | 0.09%             | 2034-01-25      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Novartis Capital Corporation                                                         | NOVNVX 5.7 03/18/56                                                                                                                                    | CUSIP: 66989HBL1<br>LEI: 5493002KF87V5RSRQS84 | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1409987.84   | 0.05%             | 2056-03-18      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Dryden 37 Senior Loan Fund                                                           | DRSLF 2015-37A CR                                                                                                                                      | CUSIP: 26249MAS6<br>LEI: 254900I0IPNA482LDS44 | Long             | ABS-CBDO         | CORP              | KY        |    333333 | PA      | $334405.53    | 0.01%             | 2031-01-15      | Floating      | 7.18%                 | No            |                  2 | On Loan: No      |
| RESIDENTIAL MORTGAGE LOAN TRUST 2020-1                                               | RMLT 2020-1 A3                                                                                                                                         | CUSIP: 76119CAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      4445 | PA      | $4427.05      | 0.00%             | 2060-01-25      | Variable      | 2.68%                 | No            |                  3 | On Loan: No      |
| Saudi Arabia (Kingdom of)                                                            | KSA 5.625 01/13/35 144A                                                                                                                                | CUSIP: 80413TBL2<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |   1100000 | PA      | $1137718.76   | 0.04%             | 2035-01-13      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                                            | SWOP IRS USD                                                                                                                                           | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | N/A              | DIR              | CORP              | CA        | -18250000 | NC      | $-76543.20    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UBS Group AG                                                                         | UBS V4.844 11/06/33 144A                                                                                                                               | CUSIP: 902613BT4<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   1070000 | PA      | $1052442.22   | 0.04%             | 2033-11-06      | Fixed         | 4.84%                 | No            |                  2 | On Loan: No      |
| AQUILA FDG 2024-1 A                                                                  | AQUILA FDG 2024-1 A                                                                                                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1323119.48   | 0.05%             | 2045-09-30      | Fixed         | 7.40%                 | No            |                  3 | On Loan: No      |
| American National Group Inc.                                                         | ANGINC 6 07/15/35                                                                                                                                      | CUSIP: 025676AQ0<br>LEI: 549300RK5RZQ740FPL83 | Long             | DBT              | CORP              | US        |    650000 | PA      | $633675.98    | 0.02%             | 2035-07-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Phantom 2026-1 Aviation Ltd. / Phantom 2026-1 Aviation LLC                           | PHNTOM 2026-1A A                                                                                                                                       | CUSIP: 71711GAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   2340904 | PA      | $2294936.25   | 0.08%             | 2051-01-15      | Fixed         | 5.24%                 | No            |                  2 | On Loan: No      |
| WILDWOOD PARK CLO LTD. / LLC                                                         | WILDPK 2024-1A B1                                                                                                                                      | CUSIP: 968209AC0<br>LEI: 254900BZ1VFIEIOEK304 | Long             | ABS-CBDO         | CORP              | JE        |   1000000 | PA      | $999379.80    | 0.04%             | 2037-10-20      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| COLLEGE LAW SAN FRANCISCO CALIF                                                      | CA HASHGR 5.99 08/01/2050                                                                                                                              | CUSIP: 194248AR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1305008.64   | 0.05%             | 2050-08-01      | Fixed         | 5.99%                 | No            |                  2 | On Loan: No      |
| Ginkgo Bioworks Holdings Inc                                                         | Ginkgo Bioworks Holdings Inc WT EXP 091626                                                                                                             | CUSIP: 37611X118<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      6510 | NC      | $13.02        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BARCLAYS MORTGAGE LOAN TRUST 2026-CES1                                               | BARC 2026-CES1 A2                                                                                                                                      | CUSIP: 06690CAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1950000 | PA      | $1917891.50   | 0.07%             | 2056-01-25      | Variable      | 5.15%                 | No            |                  2 | On Loan: No      |
| LRECS 2025-CRE1 LLC                                                                  | LRECS 2025-CRE1 AS                                                                                                                                     | CUSIP: 50230AAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1200000 | PA      | $1197522.00   | 0.04%             | 2043-08-19      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| Anchorage Credit Funding 3 LTD/LLC                                                   | ANCHF 2016-3A A1R                                                                                                                                      | CUSIP: 03330EAJ3<br>LEI: 5493003NNQWXMTSTMF21 | Long             | ABS-CBDO         | CORP              | KY        |   1100000 | PA      | $1054724.00   | 0.04%             | 2039-01-28      | Fixed         | 2.87%                 | No            |                  2 | On Loan: No      |
| HOTWIRE FUNDING LLC                                                                  | HWIRE 2021-1 A2                                                                                                                                        | CUSIP: 44148JAA7<br>LEI: 254900ZCO90MCT7Y9348 | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $1971001.00   | 0.07%             | 2051-11-20      | Fixed         | 2.31%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                         | T 3.625 03/31/28                                                                                                                                       | CUSIP: 91282CGT2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  66300000 | PA      | $66059144.70  | 2.35%             | 2028-03-31      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| OBX 2024-NQM6 TRUST                                                                  | OBX 2024-NQM6 A3                                                                                                                                       | CUSIP: 67118XAC9<br>LEI: 254900LMIQVUH9BFZJ05 | Long             | ABS-O            | CORP              | US        |    832568 | PA      | $840289.07    | 0.03%             | 2064-02-25      | Variable      | 6.85%                 | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                                                                    | SWOP IRS USD                                                                                                                                           | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DIR              | CORP              | GB        |  20304000 | NC      | $139793.43    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BDS 2025-FL14 LLC                                                                    | BDS 2025-FL14 AS                                                                                                                                       | CUSIP: 072921AC3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1000000 | PA      | $993160.00    | 0.04%             | 2042-10-21      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Australia & New Zealand Banking Group Ltd.                                           | ANZ V2.57 11/25/35 144A                                                                                                                                | CUSIP: 052528AM8<br>LEI: JHE42UYNWWTJB8YTTU19 | Long             | DBT              | CORP              | AU        |   1800000 | PA      | $1608786.97   | 0.06%             | 2035-11-25      | Fixed         | 2.57%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                                       | C V6.625 PERP                                                                                                                                          | CUSIP: 172967QJ3<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   6050000 | PA      | $6054538.89   | 0.22%             | N/A             | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| BENCHMARK 2019-B14 MORTGAGE TRUST                                                    | BMARK 2019-B14 XA                                                                                                                                      | CUSIP: 08162YAK8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  17009889 | PA      | $312636.66    | 0.01%             | 2062-12-15      | Variable      | 0.76%                 | No            |                  2 | On Loan: No      |
| Israel (State Of)                                                                    | ISRAEL 5.625 02/19/35 10Y                                                                                                                              | CUSIP: 46514Y8B6<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |   1250000 | PA      | $1271068.55   | 0.05%             | 2035-02-19      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Americo Life Inc.                                                                    | AMERIC 3.45 04/15/31 144A                                                                                                                              | CUSIP: 03060NAD2<br>LEI: 549300B5C1FRFHBYW144 | Long             | DBT              | CORP              | US        |   2060000 | PA      | $1815939.03   | 0.06%             | 2031-04-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Brookfield Finance Inc.                                                              | BNCN 3.5 03/30/51                                                                                                                                      | CUSIP: 11271LAF9<br>LEI: 549300XH8D8K6OYWGD17 | Long             | DBT              | CORP              | CA        |    630000 | PA      | $418605.93    | 0.01%             | 2051-03-30      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FN BL3695                                                                                                                                              | CUSIP: 3140HVC93<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    883908 | PA      | $759483.16    | 0.03%             | 2049-08-01      | Fixed         | 3.46%                 | No            |                  2 | On Loan: No      |
| National Australia Bank Ltd.                                                         | NAB V5.902 01/14/36 144A                                                                                                                               | CUSIP: 632525CF6<br>LEI: F8SB4JFBSYQFRQEH3Z21 | Long             | DBT              | CORP              | AU        |   3960000 | PA      | $4066697.05   | 0.14%             | 2036-01-14      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FNMA-30YR                                                                                                                                              | CUSIP: 01F030652<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        | 107195000 | PA      | $94052700.05  | 3.34%             | 2056-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Westpac Banking Corp.                                                                | WSTP V3.02 11/18/36                                                                                                                                    | CUSIP: 961214EX7<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |   1200000 | PA      | $1073476.30   | 0.04%             | 2036-11-18      | Fixed         | 3.02%                 | No            |                  2 | On Loan: No      |
| PMT LOAN TRUST 2025-INV8                                                             | PMTLT 2025-INV8 A7                                                                                                                                     | CUSIP: 73015EAG4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4945385 | PA      | $5008529.47   | 0.18%             | 2056-07-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| LOANCORE 2021-CRE6 ISSUER LTD                                                        | LNCR 2021-CRE6 C                                                                                                                                       | CUSIP: 53948HAG1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4000000 | PA      | $3973712.80   | 0.14%             | 2038-11-15      | Floating      | 6.09%                 | No            |                  2 | On Loan: No      |
| HOTWIRE FUNDING LLC                                                                  | HWIRE 2024-1A B                                                                                                                                        | CUSIP: 44148JAK5<br>LEI: 254900ZCO90MCT7Y9348 | Long             | ABS-O            | CORP              | US        |    700000 | PA      | $712072.69    | 0.03%             | 2054-06-20      | Fixed         | 6.67%                 | No            |                  2 | On Loan: No      |
| CAFL 2025-RRTL2 Issuer LP                                                            | CAFL 2025-RRTL2 A1                                                                                                                                     | CUSIP: 12770JAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1600000 | PA      | $1597053.60   | 0.06%             | 2040-11-28      | Fixed         | 5.18%                 | No            |                  2 | On Loan: No      |
| UBS AG ZURICH PUT .64 CHF TECAN CH                                                   | UBS AG ZURICH PUT .64 CHF TECAN CH                                                                                                                     | CUSIP: 715ESC026<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     69210 | NS      | $6.92         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| DYAL III SERIES A ISSUER A                                                           | DYAL III SERIES A ISSUER A                                                                                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1111369 | PA      | $1057544.34   | 0.04%             | 2040-06-15      | Fixed         | 4.40%                 | No            |                  3 | On Loan: No      |
| AASET MT-1 LTD                                                                       | AASET 2025-3A A                                                                                                                                        | CUSIP: 00039NAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   3922260 | PA      | $3868260.07   | 0.14%             | 2050-02-16      | Fixed         | 5.24%                 | No            |                  2 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION                                                     | VIX E 2026-05-19 CALL 35                                                                                                                               | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               | CORP              | US        |      1062 | NC      | $197001.00    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                             | GNR 2023-134 BH                                                                                                                                        | CUSIP: 38384EJQ9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    212794 | PA      | $212968.10    | 0.01%             | 2047-06-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Discovery Global Holdings Inc.                                                       | WBD 5.141 03/15/52 *                                                                                                                                   | CUSIP: 55903VBU6<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    230000 | PA      | $139725.00    | 0.00%             | 2052-03-15      | Fixed         | 5.14%                 | No            |                  2 | On Loan: No      |
| THUNDERBIRD 2022-1 A FUNDED                                                          | THUNDERBIRD 2022-1 A FUNDED                                                                                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   3400000 | PA      | $3222669.50   | 0.11%             | 2037-03-01      | Fixed         | 5.50%                 | No            |                  3 | On Loan: No      |
| GOLUB CAPITAL PARTNERS CLO 16(M)-R3 LTD                                              | GOCAP 2013-16A A1R3                                                                                                                                    | CUSIP: 38181EAC4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4050000 | PA      | $4050249.08   | 0.14%             | 2039-08-09      | Floating      | 5.29%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                                 | JPM V5.576 07/23/36                                                                                                                                    | CUSIP: 46647PFC5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   1030000 | PA      | $1043087.49   | 0.04%             | 2036-07-23      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| KREF 2021-Fl2 Ltd.                                                                   | KREF 2021-FL2 AS                                                                                                                                       | CUSIP: 48275RAC1<br>LEI: 54930083ELM2GCMVTQ91 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1479839.25   | 0.05%             | 2039-02-17      | Floating      | 5.09%                 | No            |                  2 | On Loan: No      |
| FIGRE TRUST 2023-HE1                                                                 | FIGRE 2025-PF2 A                                                                                                                                       | CUSIP: 316918AA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1997966 | PA      | $1978318.54   | 0.07%             | 2055-10-25      | Variable      | 5.02%                 | No            |                  2 | On Loan: No      |
| CLIFFWATER LLC 1L REV CL FUNDED                                                      | CLIFFWATER LLC 1L REV CL FUNDED                                                                                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    150000 | PA      | $139658.46    | 0.00%             | 2032-03-09      | Floating      | 3.72%                 | No            |                  3 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2024-1                                                    | VERUS 2024-1 A3                                                                                                                                        | CUSIP: 92540EAC7<br>LEI: 984500A3F1D749452747 | Long             | ABS-O            | CORP              | US        |   2242427 | PA      | $2247625.30   | 0.08%             | 2069-01-25      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| WAVE 2019-1 LLC                                                                      | WAAV 2019-1 A                                                                                                                                          | CUSIP: 94354KAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    402047 | PA      | $394383.61    | 0.01%             | 2044-09-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Enbridge Inc.                                                                        | ENBCN 5.625 04/05/34                                                                                                                                   | CUSIP: 29250NCC7<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    906000 | PA      | $934529.24    | 0.03%             | 2034-04-05      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Greensaif Pipelines Bidco S.a r.l.                                                   | GASBCM 5.8528 02/23/36 144A                                                                                                                            | CUSIP: 39541EAD5<br>LEI: 549300YWDGUXPB8GRP47 | Long             | DBT              | CORP              | LU        |   1500000 | PA      | $1503334.50   | 0.05%             | 2036-02-23      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| STRATEGIC PARTNERS FUND VIII LP                                                      | STRATEGIC PARTNERS FUND VIII LP                                                                                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    526476 | PA      | $526242.60    | 0.02%             | 2028-03-31      | Floating      | 6.52%                 | No            |                  3 | On Loan: No      |
| LPL Holdings Inc.                                                                    | LPLA 6 05/20/34                                                                                                                                        | CUSIP: 50212YAK0<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |    510000 | PA      | $520175.39    | 0.02%             | 2034-05-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                                              | MPLX 5.5 02/15/49                                                                                                                                      | CUSIP: 55336VAT7<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |   1080000 | PA      | $976135.85    | 0.03%             | 2049-02-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FNMA-30YR                                                                                                                                              | CUSIP: 01F050650<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |  34176787 | PA      | $33663924.32  | 1.20%             | 2056-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Paramount Global                                                                     | PARA 4.9 08/15/44                                                                                                                                      | CUSIP: 124857AK9<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |   1035000 | PA      | $643281.48    | 0.02%             | 2044-08-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                                                                    | SWOP IRS USD                                                                                                                                           | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DIR              | CORP              | GB        |  14396000 | NC      | $78715.47     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| OWL ROCK CLO VII LTD                                                                 | OR 2022-7A AR                                                                                                                                          | CUSIP: 69121BAQ7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   3000000 | PA      | $2987558.70   | 0.11%             | 2038-04-20      | Floating      | 5.07%                 | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.                                                     | Three-Month SOFR Futures, Dec-2027,ETH                                                                                                                 | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              | CORP              | US        |       588 | NC      | $-581913.47   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| ANGEL OAK MORTGAGE TRUST 2024-4                                                      | AOMT 2024-4 A2                                                                                                                                         | CUSIP: 034943AB6<br>LEI: 25490046TFINGL6XED11 | Long             | ABS-O            | CORP              | US        |    241715 | PA      | $243326.28    | 0.01%             | 2069-01-25      | Variable      | 6.40%                 | No            |                  2 | On Loan: No      |
| Plains All American Pipeline L.P.                                                    | PAA 4.9 02/15/45                                                                                                                                       | CUSIP: 72650RBH4<br>LEI: 5521FA2ITF25TVH63740 | Long             | DBT              | CORP              | US        |   1140000 | PA      | $987497.05    | 0.04%             | 2045-02-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| CERBERUS LOAN FDG XLIV 2024-44                                                       | CERB 2023-5A B                                                                                                                                         | CUSIP: 15674DAC8<br>LEI: 6354005DPIRML7EMPA20 | Long             | ABS-CBDO         | CORP              | US        |   3000000 | PA      | $2990766.60   | 0.11%             | 2036-01-15      | Floating      | 6.87%                 | No            |                  2 | On Loan: No      |
| BSPDF 2025-FL2 ISSUER LLC                                                            | BSPDF 2025-FL2 AS                                                                                                                                      | CUSIP: 05615KAC5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    750000 | PA      | $748753.73    | 0.03%             | 2042-12-15      | Floating      | 5.61%                 | No            |                  2 | On Loan: No      |
| GCAT 2025-NQM2 TRUST                                                                 | GCAT 2025-NQM2 A1                                                                                                                                      | CUSIP: 36171HAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4404789 | PA      | $4424570.76   | 0.16%             | 2070-04-25      | Variable      | 5.60%                 | No            |                  2 | On Loan: No      |
| MADISON PARK FUNDING XXXIV LTD                                                       | MDPK 2025-71A B                                                                                                                                        | CUSIP: 55817DAE8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2500000 | PA      | $2492666.25   | 0.09%             | 2038-04-23      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| Plains All American Pipeline L.P.                                                    | PAA 5.7 09/15/34                                                                                                                                       | CUSIP: 72650RBP6<br>LEI: 5521FA2ITF25TVH63740 | Long             | DBT              | CORP              | US        |   2850000 | PA      | $2911176.11   | 0.10%             | 2034-09-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO COMMERCIAL MORTGAGE TRUST 2016-C37                                       | WFCM 2016-C37 XA                                                                                                                                       | CUSIP: 95000PAH7<br>LEI: 549300TRQQDPEF728F16 | Long             | ABS-O            | CORP              | US        |   2083199 | PA      | $3122.30      | 0.00%             | 2049-12-17      | Variable      | 0.79%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                                              | MPLX 5.95 04/01/55                                                                                                                                     | CUSIP: 55336VBZ2<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1237874.44   | 0.04%             | 2055-04-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Enstar Group Ltd                                                                     | ESGR 3.1 09/01/31                                                                                                                                      | CUSIP: 29359UAC3<br>LEI: 213800AMAL5QFXVUCN04 | Long             | DBT              | CORP              | BM        |   1170000 | PA      | $1032361.01   | 0.04%             | 2031-09-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| COLT 2023-3 MORTGAGE LOAN TRUST                                                      | COLT 2023-3 A3                                                                                                                                         | CUSIP: 19688RAC3<br>LEI: 213800MIPEZY1A8W1N28 | Long             | ABS-O            | CORP              | US        |    523413 | PA      | $526418.91    | 0.02%             | 2068-09-25      | Variable      | 7.58%                 | No            |                  2 | On Loan: No      |
| SEQUOIA MORTGAGE TRUST 2024-5                                                        | SEMT 2024-5 A11                                                                                                                                        | CUSIP: 81743CAL9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    116215 | PA      | $116004.66    | 0.00%             | 2054-06-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| STARWOOD MORTGAGE RESIDENTIAL TRUST 2020-1                                           | STAR 2020-1 A2                                                                                                                                         | CUSIP: 85573AAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    496630 | PA      | $478022.80    | 0.02%             | 2050-02-25      | Variable      | 2.41%                 | No            |                  2 | On Loan: No      |
| PRKCM 2025-AFC1 TRUST                                                                | PRKCM 2025-AFC1 A2                                                                                                                                     | CUSIP: 69392YAD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1914097 | PA      | $1907162.19   | 0.07%             | 2060-10-25      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| Baker Hughes Holdings LLC / Baker Hughes Co-Obligor Inc                              | BHI 5.85 06/15/56                                                                                                                                      | CUSIP: 05724BAQ2<br>LEI: 549300XU3XH6F05YEQ93 | Long             | DBT              | CORP              | US        |   2320000 | PA      | $2270218.00   | 0.08%             | 2056-06-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| STORE MASTER FUNDING I LLC                                                           | STR 2024-1A A1                                                                                                                                         | CUSIP: 86212XAL4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    495208 | PA      | $499000.98    | 0.02%             | 2054-05-20      | Fixed         | 5.69%                 | No            |                  2 | On Loan: No      |
| WSP Global Inc                                                                       | WSPCN 5.039 09/18/31 144A                                                                                                                              | CUSIP: 92938WAG8<br>LEI: 549300IQ87LU6X6ERQ78 | Long             | DBT              | CORP              | CA        |   1650000 | PA      | $1635703.58   | 0.06%             | 2031-09-18      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| TransCanada Pipelines Limited                                                        | TRPCN 7.625 01/15/39                                                                                                                                   | CUSIP: 8935268Z9<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | DBT              | CORP              | CA        |    830000 | PA      | $973472.91    | 0.03%             | 2039-01-15      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| Kinder Morgan Energy Partners LP                                                     | KMI 7.5 11/15/40                                                                                                                                       | CUSIP: 28370TAD1<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |    880000 | PA      | $1020056.16   | 0.04%             | 2040-11-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| FIGRE TRUST 2024-HE1                                                                 | FIGRE 2024-HE1 A                                                                                                                                       | CUSIP: 31684HAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1807872 | PA      | $1838135.41   | 0.07%             | 2054-03-25      | Variable      | 6.17%                 | No            |                  2 | On Loan: No      |
| Babson Clo Ltd                                                                       | BABSN 2014-IA SUB                                                                                                                                      | CUSIP: 05618HAE5<br>LEI: 549300SCEOLR3BTPYX35 | Long             | ABS-CBDO         | CORP              | KY        |    650000 | PA      | $65.00        | 0.00%             | 2025-07-21      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| Citadel Securities Global Holdings LLC                                               | CITSEC 6.2 06/18/35                                                                                                                                    | CUSIP: 17289RAB2<br>LEI: 549300NV5RXBUS3X7L47 | Long             | DBT              | CORP              | US        |    250000 | PA      | $255767.90    | 0.01%             | 2035-06-18      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| BSPRT 2025-FL12 ISSUER LLC                                                           | BSPRT 2025-FL12 B                                                                                                                                      | CUSIP: 05619BAE7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1100000 | PA      | $1097456.36   | 0.04%             | 2043-01-17      | Floating      | 5.63%                 | No            |                  2 | On Loan: No      |
| ANCHOR MORTGAGE TRUST 2025-RTL1                                                      | ANCHR 2025-RTL1 A1                                                                                                                                     | CUSIP: 03290CAA4<br>LEI: 254900S7O2LYCU17JI96 | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $998834.80    | 0.04%             | 2040-05-25      | Variable      | 5.72%                 | No            |                  2 | On Loan: No      |
| BLUE OWL IV (FKA DYAL IV) SR SEC B                                                   | BLUE OWL IV (FKA DYAL IV) SR SEC B                                                                                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2112000 | PA      | $2061353.38   | 0.07%             | 2045-08-22      | Fixed         | 5.94%                 | No            |                  3 | On Loan: No      |
| Allianz SE                                                                           | ALVGR V6.55 PERP 144a                                                                                                                                  | CUSIP: 018820AE0<br>LEI: 529900K9B0N5BT694847 | Long             | DBT              | CORP              | DE        |   1200000 | PA      | $1202239.20   | 0.04%             | N/A             | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                                              | BPCEGP V2.277 01/20/32 144A                                                                                                                            | CUSIP: 05583JAJ1<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |   8200000 | PA      | $7228556.41   | 0.26%             | 2032-01-20      | Fixed         | 2.28%                 | No            |                  2 | On Loan: No      |
| PALMER SQUARE CLO 2014-1 LTD                                                         | PLMRS 2023-4A BR                                                                                                                                       | CUSIP: 696924AN9<br>LEI: 549300UP5H2PFBIITY41 | Long             | ABS-CBDO         | CORP              | KY        |   1450000 | PA      | $1452412.37   | 0.05%             | 2037-10-20      | Floating      | 5.99%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FN BL0375                                                                                                                                              | CUSIP: 3140HRMZ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    668361 | PA      | $631846.16    | 0.02%             | 2048-10-01      | Fixed         | 4.37%                 | No            |                  2 | On Loan: No      |
| CERBERUS LOAN FUNDING XLIII LLC                                                      | CERB 2024-3A B                                                                                                                                         | CUSIP: 156945AC1<br>LEI: 6354005VK9L5QCJ8WJ98 | Long             | ABS-CBDO         | CORP              | US        |   3000000 | PA      | $2992032.30   | 0.11%             | 2036-07-15      | Floating      | 6.61%                 | No            |                  2 | On Loan: No      |
| APOLLO AVIATION SECURITIZATION EQUITY TRUST 2021-1                                   | AASET 2021-1A A                                                                                                                                        | CUSIP: 00038PAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1593785 | PA      | $1537101.36   | 0.05%             | 2041-11-16      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Wilton Re Limited                                                                    | WILTON V6 PERP 144A                                                                                                                                    | CUSIP: 97263CAA9<br>LEI: 5493004VQ9VSL29MT373 | Long             | DBT              | CORP              | CA        |   5426000 | PA      | $5205310.80   | 0.18%             | N/A             | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Marriott International, Inc.                                                         | MAR 5.25 10/15/35                                                                                                                                      | CUSIP: 571903BX0<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1392564.08   | 0.05%             | 2035-10-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| EFMT 2025-CES1 Trust                                                                 | EFMT 2025-CES1 A1A                                                                                                                                     | CUSIP: 26846VAA2<br>LEI: 254900CMJGXNT3R7H775 | Long             | ABS-O            | CORP              | US        |   3681843 | PA      | $3700155.17   | 0.13%             | 2060-01-25      | Variable      | 5.73%                 | No            |                  2 | On Loan: No      |
| BLUE OWL IV (FKA DYAL IV) SR SEC A                                                   | BLUE OWL IV (FKA DYAL IV) SR SEC A                                                                                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2288000 | PA      | $2233132.83   | 0.08%             | 2045-08-22      | Fixed         | 5.94%                 | No            |                  3 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                     | FR RQ0064                                                                                                                                              | CUSIP: 3142J6CA9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  16628506 | PA      | $16715789.62  | 0.59%             | 2055-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Arizona Public Service Company                                                       | PNW 6.35 12/15/32                                                                                                                                      | CUSIP: 040555DE1<br>LEI: YG6VT0TPHRH4TFVAQV64 | Long             | DBT              | CORP              | US        |    950000 | PA      | $1017663.94   | 0.04%             | 2032-12-15      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| FLNG LIQUEFACTION 3 LLC                                                              | FLNG LIQUEFACTION 3 LLC                                                                                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3601325 | PA      | $3062568.25   | 0.11%             | 2039-06-30      | Fixed         | 3.08%                 | No            |                  3 | On Loan: No      |
| AASET 2025-1 LTD                                                                     | AASET 2025-1A A                                                                                                                                        | CUSIP: 00258PAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    965051 | PA      | $970802.47    | 0.03%             | 2050-02-16      | Fixed         | 5.94%                 | No            |                  2 | On Loan: No      |
| STAR 2025-SFR6 TRUST                                                                 | STAR 2025-SFR6 A                                                                                                                                       | CUSIP: 85520EAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $2000000.00   | 0.07%             | 2042-08-19      | Floating      | 5.07%                 | No            |                  2 | On Loan: No      |
| FS KKR Capital Corp                                                                  | FSK 3.25 07/15/27                                                                                                                                      | CUSIP: 302635AL1<br>LEI: 549300TYRSI1T21B1360 | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1729172.99   | 0.06%             | 2027-07-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CMS Energy Corporation                                                               | CMS V6.5 06/01/55                                                                                                                                      | CUSIP: 125896BY5<br>LEI: 549300IA9XFBAGNIBW29 | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1832463.00   | 0.07%             | 2055-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| UBS Commercial Mortgage Trust 2017-C2                                                | UBSCM 2017-C2 XA                                                                                                                                       | CUSIP: 90276CAF8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6717309 | PA      | $65864.56     | 0.00%             | 2050-08-17      | Variable      | 1.03%                 | No            |                  2 | On Loan: No      |
| OBX 2025-HE1 TR                                                                      | OBX 2025-HE1 M1                                                                                                                                        | CUSIP: 67121CAB2<br>LEI: 2549002GJHC7CO92J583 | Long             | ABS-O            | CORP              | US        |   1800000 | PA      | $1807154.46   | 0.06%             | 2055-02-25      | Variable      | 5.57%                 | No            |                  2 | On Loan: No      |
| OBX 2024-NQM2 TRUST                                                                  | OBX 2024-NQM2 A3                                                                                                                                       | CUSIP: 67118HAD2<br>LEI: 254900OHTVKDKZL33I54 | Long             | ABS-O            | CORP              | US        |    265688 | PA      | $266446.63    | 0.01%             | 2063-12-25      | Variable      | 6.18%                 | No            |                  2 | On Loan: No      |
| OBX TRUST2024-NQM5                                                                   | OBX 2024-NQM5 A1                                                                                                                                       | CUSIP: 67448NAA6<br>LEI: 254900RDM4XSF0B1E373 | Long             | ABS-O            | CORP              | US        |    749494 | PA      | $753433.02    | 0.03%             | 2064-01-25      | Variable      | 5.99%                 | No            |                  2 | On Loan: No      |
| Grand River Funding Trust I                                                          | JXN 6.311 02/15/36                                                                                                                                     | CUSIP: 38644BAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1450000 | PA      | $1462811.81   | 0.05%             | 2036-02-15      | Fixed         | 6.31%                 | No            |                  2 | On Loan: No      |
| DRI HEALTHCARE LP                                                                    | DRI HEALTHCARE LP                                                                                                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    800000 | PA      | $789757.48    | 0.03%             | 2031-06-30      | Floating      | 5.35%                 | No            |                  3 | On Loan: No      |
| ELMWOOD CLO 38 LTD                                                                   | ELM38 2025-1A B1                                                                                                                                       | CUSIP: 289908AC9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $999275.90    | 0.04%             | 2038-04-22      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| Dominion Energy Inc                                                                  | D V6.2 02/15/56                                                                                                                                        | CUSIP: 25746UEA3<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |   1650000 | PA      | $1635487.10   | 0.06%             | 2056-02-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE STRATEGIC CAP HLDNG II                                                    | BLACKSTONE STRATEGIC CAP HLDNG II                                                                                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   5850000 | PA      | $5850000.00   | 0.21%             | 2033-12-31      | Floating      | 5.64%                 | No            |                  3 | On Loan: No      |
| CASTLELAKE AIRCRAFT STRUCTURED TRUST 2025-3                                          | CLAST 2025-3A A                                                                                                                                        | CUSIP: 14855YAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4040872 | PA      | $3988773.52   | 0.14%             | 2050-11-15      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| U.S. Treasury Bond Stripped Principal Payment                                        | SP 0 05/15/51                                                                                                                                          | CUSIP: 912803FY4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 102110000 | PA      | $28723417.40  | 1.02%             | 2051-05-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| British Airways PLC                                                                  | IAGLN 2.9 03/15/35 144A                                                                                                                                | CUSIP: 11042CAA8<br>LEI: 375X9PSJLLOV7F21O626 | Long             | ABS-O            | CORP              | GB        |    664803 | PA      | $609734.27    | 0.02%             | 2035-03-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| HARMONI TOWERS LLC                                                                   | HARMONI TOWERS LLC                                                                                                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2300000 | PA      | $2282348.90   | 0.08%             | 2030-10-30      | Fixed         | 5.22%                 | No            |                  3 | On Loan: No      |
| Cerberus Loan Funding XLVIII LLC                                                     | CERB 2024-4A B                                                                                                                                         | CUSIP: 15675JAC4<br>LEI: 635400TT2BPIAD7JRA96 | Long             | ABS-CBDO         | CORP              | US        |   2000000 | PA      | $1994062.20   | 0.07%             | 2036-10-15      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| Capmark Military Housing Trust XXXVI                                                 | CPMRK 2007-ROBS A                                                                                                                                      | CUSIP: 140694AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    436352 | PA      | $405088.02    | 0.01%             | 2052-10-10      | Fixed         | 6.06%                 | No            |                  3 | On Loan: No      |
| National Australia Bank Ltd.                                                         | NAB 2.99 05/21/31 144A                                                                                                                                 | CUSIP: 632525AY7<br>LEI: F8SB4JFBSYQFRQEH3Z21 | Long             | DBT              | CORP              | AU        |    975000 | PA      | $886633.28    | 0.03%             | 2031-05-21      | Fixed         | 2.99%                 | No            |                  2 | On Loan: No      |
| ATLX 2024-RPL2 TRUST                                                                 | ATLX 2024-RPL2 A1                                                                                                                                      | CUSIP: 049919AA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2039116 | PA      | $1979240.03   | 0.07%             | 2063-04-25      | Variable      | 3.85%                 | No            |                  2 | On Loan: No      |
| Assurant Inc.                                                                        | AIZ 6.75 02/15/34                                                                                                                                      | CUSIP: 04621XAD0<br>LEI: H3F39CAXWQRVWURFXL38 | Long             | DBT              | CORP              | US        |    400000 | PA      | $430668.99    | 0.02%             | 2034-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Greensaif Pipelines Bidco S.a r.l.                                                   | GASBCM 6.51 02/23/42 144A                                                                                                                              | CUSIP: 39541EAC7<br>LEI: 549300YWDGUXPB8GRP47 | Long             | DBT              | CORP              | LU        |    400000 | PA      | $413155.71    | 0.01%             | 2042-02-23      | Fixed         | 6.51%                 | No            |                  2 | On Loan: No      |
| DB Master Finance LLC                                                                | DNKN 2025-1A A2II                                                                                                                                      | CUSIP: 233046AW1<br>LEI: 549300F17UZJL70BPB08 | Long             | ABS-O            | CORP              | US        |   1197000 | PA      | $1178731.39   | 0.04%             | 2055-08-20      | Fixed         | 5.17%                 | No            |                  2 | On Loan: No      |
| Spire Inc                                                                            | SR V6.25 06/01/56                                                                                                                                      | CUSIP: 84857LAD3<br>LEI: 549300NXSY15DRY2R511 | Long             | DBT              | CORP              | US        |   1650000 | PA      | $1631598.71   | 0.06%             | 2056-06-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| America Movil S.A.B. de C.V.                                                         | AMXLMM 6.125 03/30/40                                                                                                                                  | CUSIP: 02364WAW5<br>LEI: 5493000FNR3UCEAONM59 | Long             | DBT              | CORP              | MX        |    980000 | PA      | $1021547.93   | 0.04%             | 2040-03-30      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH                                                 | CA CASGEN 2.68 02/01/2039                                                                                                                              | CUSIP: 13080SZY3<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $926815.20    | 0.03%             | 2039-02-01      | Fixed         | 2.68%                 | No            |                  2 | On Loan: No      |
| Salesforce Inc.                                                                      | CRM 4.5 03/15/28                                                                                                                                       | CUSIP: 79466LAQ7<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | DBT              | CORP              | US        |   1090000 | PA      | $1090280.70   | 0.04%             | 2028-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Gulfstream Natural Gas System LLC                                                    | GULFNG 5.6 07/23/35 144A                                                                                                                               | CUSIP: 402740AG9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2200000 | PA      | $2227724.71   | 0.08%             | 2035-07-23      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| American Electric Power Co, Inc.                                                     | AEP V6.05 03/15/56 D                                                                                                                                   | CUSIP: 02557TAF6<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |    650000 | PA      | $644198.62    | 0.02%             | 2056-03-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Brookfield Finance Inc.                                                              | BNCN 5.33 01/15/36                                                                                                                                     | CUSIP: 11271LAQ5<br>LEI: 549300XH8D8K6OYWGD17 | Long             | DBT              | CORP              | CA        |   1550000 | PA      | $1517639.43   | 0.05%             | 2036-01-15      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                                                             | JPY CALL VERSUS USD PUT                                                                                                                                | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | US        |   5752000 | NC      | $0.00         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FREDDIE MAC SEASONED CREDIT RISK TRANSFER TRUST SERIES 2020-3                        | SCRT 2020-3 MT                                                                                                                                         | CUSIP: 35563PSB6<br>LEI: N/A                  | Long             | ABS-O            | USGSE             | US        |   2678542 | PA      | $2159938.16   | 0.08%             | 2060-05-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Figre Trust 2023-HE1                                                                 | FIGRE 2024-HE5 A                                                                                                                                       | CUSIP: 31684FAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2179494 | PA      | $2188546.29   | 0.08%             | 2054-10-25      | Variable      | 5.44%                 | No            |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST 2024-AIRC                                               | BX 2024-AIRC A                                                                                                                                         | CUSIP: 12433CAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    910614 | PA      | $911467.42    | 0.03%             | 2041-08-15      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| U.S. Treasury Bond Stripped Principal Payment                                        | SP 0 05/15/55                                                                                                                                          | CUSIP: 912803HL0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  46977000 | PA      | $11131475.90  | 0.40%             | 2055-05-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings Inc                                                  | NEE V6.375 08/15/55                                                                                                                                    | CUSIP: 65339KDE7<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    884000 | PA      | $900576.77    | 0.03%             | 2055-08-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| GCAT 2025-NQM4 Trust                                                                 | GCAT 2025-NQM4 A2                                                                                                                                      | CUSIP: 367923AD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2863990 | PA      | $2870370.59   | 0.10%             | 2070-06-25      | Variable      | 5.73%                 | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.                                                     | Three-Month SOFR Futures, Dec-2026,ETH                                                                                                                 | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              | CORP              | US        |      -588 | NC      | $767754.87    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co.                                                                 | JPM V3.65 PERP KK                                                                                                                                      | CUSIP: 48128BAN1<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   2350000 | PA      | $2339220.32   | 0.08%             | N/A             | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| DRI HEALTHCARE LP                                                                    | DRI HEALTHCARE LP                                                                                                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    800000 | PA      | $787635.13    | 0.03%             | 2033-06-30      | Floating      | 5.65%                 | No            |                  3 | On Loan: No      |
| Lbj Infrastructure Group Llc                                                         | CINCON 3.797 12/31/57 144A                                                                                                                             | CUSIP: 50203UAA1<br>LEI: 254900DEJSU2OQFZWQ97 | Long             | DBT              | CORP              | US        |   1250000 | PA      | $888542.85    | 0.03%             | 2057-12-31      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust 2019-GC42                                               | GSMS 2019-GC42 XA                                                                                                                                      | CUSIP: 36257UAN7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  13599499 | PA      | $314982.08    | 0.01%             | 2052-09-12      | Variable      | 0.82%                 | No            |                  2 | On Loan: No      |
| Westpac Banking Corp.                                                                | WSTP 3.133 11/18/41                                                                                                                                    | CUSIP: 961214EY5<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |    805000 | PA      | $591328.46    | 0.02%             | 2041-11-18      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Energy Transfer LP                                                                   | ET 6.3 01/15/56                                                                                                                                        | CUSIP: 29273VBL3<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    400000 | PA      | $393874.76    | 0.01%             | 2056-01-15      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| GA Global Funding Trust                                                              | GBLATL 4.5 09/18/30 144A                                                                                                                               | CUSIP: 36143L2V6<br>LEI: 54930029I8ROQ4OROZ88 | Long             | DBT              | CORP              | US        |    500000 | PA      | $481275.87    | 0.02%             | 2030-09-18      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BP Capital Markets PLC                                                               | BPLN V4.875 PERP                                                                                                                                       | CUSIP: 05565QDV7<br>LEI: 549300CRVT18MXX0AG93 | Long             | DBT              | CORP              | GB        |   5318000 | PA      | $5250004.05   | 0.19%             | N/A             | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| The Bank of New York Mellon Corp.                                                    | BK V5.95 PERP                                                                                                                                          | CUSIP: 064058AR1<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    730000 | PA      | $730176.66    | 0.03%             | N/A             | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| CERBERUS LN FDG XLVI L P                                                             | CERB 2024-2A A                                                                                                                                         | CUSIP: 15675BAA5<br>LEI: 635400QFSCXQUKSANU86 | Long             | ABS-CBDO         | CORP              | US        |   1500000 | PA      | $1500516.30   | 0.05%             | 2036-07-15      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| JP MORGAN MORTGAGE TRUST 2026-VIS1                                                   | JPMMT 2026-VIS1 A2                                                                                                                                     | CUSIP: 46660PAF5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1837030 | PA      | $1821641.62   | 0.06%             | 2066-06-01      | Variable      | 5.04%                 | No            |                  2 | On Loan: No      |
| Cox Communications, Inc.                                                             | COXENT 5.8 12/15/53 144A                                                                                                                               | CUSIP: 224044CT2<br>LEI: 5493001NEDZNIFRP2R92 | Long             | DBT              | CORP              | US        |    600000 | PA      | $507635.04    | 0.02%             | 2053-12-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Bcred CLO 2026-1 LLC                                                                 | BCRED 2026-1A B                                                                                                                                        | CUSIP: 05557LAC3<br>LEI: 25490083OXQDCR6C9A06 | Long             | ABS-CBDO         | CORP              | US        |   2550000 | PA      | $2541224.69   | 0.09%             | 2039-04-24      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| CLIFFWATER LLC 1L TL CL                                                              | CLIFFWATER LLC 1L TL CL                                                                                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1584000 | PA      | $1579399.31   | 0.06%             | 2032-04-22      | Floating      | 8.42%                 | No            |                  3 | On Loan: No      |
| Gcat 2025-INV3 Trust                                                                 | GCAT 2025-INV3 A5                                                                                                                                      | CUSIP: 36831DAE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2207758 | PA      | $2229256.23   | 0.08%             | 2055-08-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Paramount Global                                                                     | PARA 5.9 10/15/40                                                                                                                                      | CUSIP: 124857AF0<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    562000 | PA      | $414653.55    | 0.01%             | 2040-10-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Brighthouse Financial Global Funding                                                 | BHF 5.65 06/10/29                                                                                                                                      | CUSIP: 10921U2L1<br>LEI: 549300BLFX3KJ2IFOA78 | Long             | DBT              | CORP              | US        |   5985000 | PA      | $6025779.34   | 0.21%             | 2029-06-10      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| OWL ROCK CLO VIII LTD                                                                | OR 2022-8A A2R                                                                                                                                         | CUSIP: 69121CAG7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1000000 | PA      | $1000188.90   | 0.04%             | 2037-04-24      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| Nationwide Building Society                                                          | NWIDE V5.537 07/14/36 144A                                                                                                                             | CUSIP: 63861VAN7<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |   1500000 | PA      | $1504238.60   | 0.05%             | 2036-07-14      | Fixed         | 5.54%                 | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                                                                    | SWOP IRS USD                                                                                                                                           | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DIR              | CORP              | GB        | -11406250 | NC      | $-11410.88    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Altria Group, Inc.                                                                   | MO 3.7 02/04/51                                                                                                                                        | CUSIP: 02209SBN2<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |   1280000 | PA      | $881093.48    | 0.03%             | 2051-02-04      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| JBS USA HOLDING LUX SARL                                                             | JBS 5.5 01/15/36                                                                                                                                       | CUSIP: 472140AF9<br>LEI: RB8RC03FUD8DSX57C193 | Long             | DBT              | CORP              | LU        |   2400000 | PA      | $2401104.00   | 0.09%             | 2036-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Stack Infrastructure Issuer Llc                                                      | SIDC 2023-3A A2                                                                                                                                        | CUSIP: 85236KAK8<br>LEI: 254900AV7V87H3A2WM57 | Long             | ABS-O            | CORP              | US        |   3000000 | PA      | $3012429.30   | 0.11%             | 2048-10-25      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| FORTRESS CREDIT OPPORTUNITIES IX CLO LTD                                             | FCO 2017-9A A1TR                                                                                                                                       | CUSIP: 34961JAY0<br>LEI: 2549008RD44HDM6DNP14 | Long             | ABS-CBDO         | CORP              | KY        |    876328 | PA      | $878353.93    | 0.03%             | 2033-10-17      | Floating      | 5.48%                 | No            |                  2 | On Loan: No      |
| PFP 2026-13 LTD                                                                      | PFP 2026-13 AS                                                                                                                                         | CUSIP: 716966AC0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    550000 | PA      | $549053.84    | 0.02%             | 2043-08-18      | Floating      | 5.33%                 | No            |                  2 | On Loan: No      |
| Avis Budget Rental Car Funding AESOP LLC                                             | AESOP 2023-8A B                                                                                                                                        | CUSIP: 05377RHN7<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |   1800000 | PA      | $1874018.52   | 0.07%             | 2030-02-20      | Fixed         | 6.66%                 | No            |                  2 | On Loan: No      |
| Cheniere Energy Partners Lp                                                          | CQP 5.75 08/15/34                                                                                                                                      | CUSIP: 16411QAS0<br>LEI: 5493005UEC8AZ34LDV29 | Long             | DBT              | CORP              | US        |    150000 | PA      | $154503.23    | 0.01%             | 2034-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BIB MERCHANT VOUCHER RECEIVABLES LTD                                                 | BIB Merchant Voucher Receivables Limited. 4.18% NTS 07/04/2028 USD (ACRD/ REG D) (2018-1)                                                              | CUSIP: 08866TAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    377122 | PA      | $374591.57    | 0.01%             | 2028-04-07      | Fixed         | 4.18%                 | No            |                  3 | On Loan: No      |
| Fnma Pass-Thru I                                                                     | FN BS0846                                                                                                                                              | CUSIP: 3140LA5G6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1323864 | PA      | $985974.49    | 0.04%             | 2051-02-01      | Fixed         | 2.39%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                                              | MPLX 5.4 09/15/35                                                                                                                                      | CUSIP: 55336VCC2<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |   1850000 | PA      | $1841730.52   | 0.07%             | 2035-09-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Tesco PLC                                                                            | TSCOLN 6.15 11/15/37 144A                                                                                                                              | CUSIP: 881575AC8<br>LEI: 2138002P5RNKC5W2JZ46 | Long             | DBT              | CORP              | GB        |    980000 | PA      | $1000027.81   | 0.04%             | 2037-11-15      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| AP GRANGE HOLDINGS DEFERRAL                                                          | AP GRANGE HOLDINGS DEFERRAL                                                                                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   1082239 | PA      | $1082238.94   | 0.04%             | 2045-03-20      | Fixed         | 6.50%                 | No            |                  3 | On Loan: No      |
| SLAM 2025-1 LTD                                                                      | SLAM 2025-1A A                                                                                                                                         | CUSIP: 78450TAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   2042917 | PA      | $2065340.33   | 0.07%             | 2050-05-15      | Fixed         | 5.81%                 | No            |                  2 | On Loan: No      |
| TRICON RESIDENTIAL 2024-SFR2 TRUST                                                   | TCN 2024-SFR2 B                                                                                                                                        | CUSIP: 89616VAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1500000 | PA      | $1505619.45   | 0.05%             | 2040-06-20      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| CF HIPPOLYTA ISSUER LLC                                                              | SORT 2020-1 B2                                                                                                                                         | CUSIP: 12530MAD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2479789 | PA      | $1574581.56   | 0.06%             | 2060-07-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| VISTA POINT SECURITIZATION TRUST 2024-CES2                                           | VSTA 2024-CES2 A1                                                                                                                                      | CUSIP: 92841YAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2122795 | PA      | $2118301.09   | 0.08%             | 2054-10-25      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| COLT 2023-3 MORTGAGE LOAN TRUST                                                      | COLT 2023-3 A1                                                                                                                                         | CUSIP: 19688RAA7<br>LEI: 213800MIPEZY1A8W1N28 | Long             | ABS-O            | CORP              | US        |   1622479 | PA      | $1631828.47   | 0.06%             | 2068-09-25      | Variable      | 7.18%                 | No            |                  2 | On Loan: No      |
| Tennessee Valley Authority                                                           | TVASP 0 09/15/39                                                                                                                                       | CUSIP: 88059FBS9<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |   4100000 | PA      | $2117604.90   | 0.08%             | 2039-09-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Safehold GL Holdings LLC                                                             | SAFE 2.85 01/15/32                                                                                                                                     | CUSIP: 78646UAB5<br>LEI: 54930012UY5Z4Q8NL108 | Long             | DBT              | CORP              | US        |   2428000 | PA      | $2174434.56   | 0.08%             | 2032-01-15      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| GOLUB CAPITAL PARTNERS CLO 46(M) LTD                                                 | GOCAP 2019-46A BR                                                                                                                                      | CUSIP: 38178UAC3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $998117.80    | 0.04%             | 2037-04-20      | Floating      | 5.97%                 | No            |                  2 | On Loan: No      |
| BLUE OWL GP STAKES V A-2 A                                                           | BLUE OWL GP STAKES V A-2 A                                                                                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2495000 | PA      | $2563641.94   | 0.09%             | 2043-08-22      | Fixed         | 7.21%                 | No            |                  3 | On Loan: No      |
| Macquarie Group Ltd.                                                                 | MQGAU V2.871 01/14/33 144A                                                                                                                             | CUSIP: 55608JAZ1<br>LEI: ACMHD8HWFMFUIQQ8Y590 | Long             | DBT              | CORP              | AU        |    980000 | PA      | $876825.67    | 0.03%             | 2033-01-14      | Fixed         | 2.87%                 | No            |                  2 | On Loan: No      |
| OBX TRUST 2024-NQM8                                                                  | OBX 2024-NQM8 A1                                                                                                                                       | CUSIP: 67119CAA8<br>LEI: 254900Y1YRD8JNADSC78 | Long             | ABS-O            | CORP              | US        |    442783 | PA      | $446483.72    | 0.02%             | 2064-05-25      | Variable      | 6.23%                 | No            |                  2 | On Loan: No      |
| Norfolk Southern Corporation                                                         | NSC 4.1 05/15/21                                                                                                                                       | CUSIP: 655844CJ5<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |    475000 | PA      | $319461.02    | 0.01%             | 2121-05-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp.                                                          | COF V5.197 09/11/36                                                                                                                                    | CUSIP: 14040HDN2<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1454144.07   | 0.05%             | 2036-09-11      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                     | FR SD8213                                                                                                                                              | CUSIP: 3132DWDS9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  48063574 | PA      | $42312030.94  | 1.50%             | 2052-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.                                                     | IRS USD                                                                                                                                                | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              | CORP              | US        |         1 | NC      | $386277.99    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| JCP DIRECT LENDING CLO 2023-1 LTD                                                    | JCPDL 2023-1A AJR                                                                                                                                      | CUSIP: 46656TAU0<br>LEI: 254900B78BA7J8JB6X59 | Long             | ABS-CBDO         | CORP              | JE        |   1925000 | PA      | $1925254.49   | 0.07%             | 2037-07-20      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| American National Global Funding                                                     | ANGINC 5.25 06/03/30 144A                                                                                                                              | CUSIP: 02771D2B9<br>LEI: 63540033TQXTOXKK1L93 | Long             | DBT              | CORP              | US        |    500000 | PA      | $497962.33    | 0.02%             | 2030-06-03      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CMFT NET LEASE MASTER ISSUER LLC                                                     | CIMNL 2021-1 A6                                                                                                                                        | CUSIP: 12575AAF4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3570000 | PA      | $3028596.65   | 0.11%             | 2051-07-20      | Fixed         | 3.44%                 | No            |                  2 | On Loan: No      |
| Triton Container International Limited / TAL International Container Corporation     | TRTN 3.25 03/15/32                                                                                                                                     | CUSIP: 89681LAA0<br>LEI: 549300O4LZFLCX53XZ54 | Long             | DBT              | CORP              | BM        |    200000 | PA      | $180516.02    | 0.01%             | 2032-03-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                                          | SWOP IRS USD                                                                                                                                           | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DIR              | CORP              | FR        | -18250000 | NC      | $-76543.20    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Corebridge Financial Inc.                                                            | CRBG V6.875 PERP                                                                                                                                       | CUSIP: 21871XAU3<br>LEI: 549300XY1661QCIA7J65 | Long             | DBT              | CORP              | US        |    548000 | PA      | $558399.40    | 0.02%             | N/A             | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| HOME PARTNERS OF AMERICA 2021-3 TRUST                                                | HPA 2021-3 C                                                                                                                                           | CUSIP: 43730XAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    897642 | PA      | $840825.20    | 0.03%             | 2041-01-17      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| GOLUB CAPITAL PARTNERS CLO 31(M)-R2                                                  | GOCAP 2016-31A BRR                                                                                                                                     | CUSIP: 38180JAE0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $996957.60    | 0.04%             | 2037-11-05      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| KINETIC ABS ISSUER LLC                                                               | UNITK 2026-1A A2                                                                                                                                       | CUSIP: 49459AAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1900000 | PA      | $1894587.09   | 0.07%             | 2056-02-25      | Fixed         | 5.22%                 | No            |                  2 | On Loan: No      |
| KKR Group Finance Co VIII LLC                                                        | KKR 3.5 08/25/50 144A                                                                                                                                  | CUSIP: 48252MAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1650000 | PA      | $1090524.90   | 0.04%             | 2050-08-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust 2016-C2                                          | CGCMT 2016-C2 XA                                                                                                                                       | CUSIP: 17291CBW4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1590680 | PA      | $535.74       | 0.00%             | 2049-08-12      | Variable      | 1.78%                 | No            |                  2 | On Loan: No      |
| Corebridge Global Funding                                                            | CRBG 4.55 01/09/31 144A                                                                                                                                | CUSIP: 00138CBM9<br>LEI: 54930057MDZ7KOVOTV71 | Long             | DBT              | CORP              | US        |   2375000 | PA      | $2344800.71   | 0.08%             | 2031-01-09      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| CAPITAL AUTOMOTIVE REIT                                                              | CAUTO 2021-1A A4                                                                                                                                       | CUSIP: 12510HAN0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    983958 | PA      | $857298.52    | 0.03%             | 2051-08-15      | Fixed         | 2.76%                 | No            |                  2 | On Loan: No      |
| Sysco Corporation                                                                    | SYY 4.4 07/25/31                                                                                                                                       | CUSIP: 871829BW6<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | DBT              | CORP              | US        |   1150000 | PA      | $1115333.72   | 0.04%             | 2031-07-25      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FN MA5854                                                                                                                                              | CUSIP: 31418FQG5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    401253 | PA      | $409024.20    | 0.01%             | 2055-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Apollo Management Holdings, L.P.                                                     | APO 2.65 06/05/30 144A                                                                                                                                 | CUSIP: 03765HAF8<br>LEI: 5493006XQW0V5K38YM64 | Long             | DBT              | CORP              | US        |    930000 | PA      | $853368.33    | 0.03%             | 2030-06-05      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Madison Pk Fdg XLVIII Ltd / Llc                                                      | MDPK 2021-48A BR                                                                                                                                       | CUSIP: 55821UAQ7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4000000 | PA      | $3995821.60   | 0.14%             | 2039-01-19      | Variable      | 5.22%                 | No            |                  2 | On Loan: No      |
| Fairfax Financial Holdings Limited                                                   | FFHCN 5.75 05/20/35                                                                                                                                    | CUSIP: 303901BX9<br>LEI: GLS7OQD0WOEDI8YAP031 | Long             | DBT              | CORP              | CA        |   2350000 | PA      | $2408423.14   | 0.09%             | 2035-05-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| DYAL III SERIES B ISSUER B                                                           | DYAL III SERIES B ISSUER B                                                                                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    770000 | PA      | $773164.01    | 0.03%             | 2044-06-15      | Fixed         | 6.55%                 | No            |                  3 | On Loan: No      |
| State Street Corp.                                                                   | STT V6.7 PERP I                                                                                                                                        | CUSIP: 857477CH4<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |   4870000 | PA      | $4948416.74   | 0.18%             | N/A             | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| Cerberus Loan Funding XLVIII LLC                                                     | CERB 2024-4A AN                                                                                                                                        | CUSIP: 15675JAA8<br>LEI: 635400TT2BPIAD7JRA96 | Long             | ABS-CBDO         | CORP              | US        |   1500000 | PA      | $1500001.20   | 0.05%             | 2036-10-15      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                                                         | TII 2.375 02/15/55                                                                                                                                     | CUSIP: 912810UH9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10333269 | PA      | $9602166.84   | 0.34%             | 2055-02-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                                              | MPLX 5.65 03/01/53                                                                                                                                     | CUSIP: 55336VBW9<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |     50000 | PA      | $45672.54     | 0.00%             | 2053-03-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| OHIO HSG FIN AGY                                                                     | OH OHSHSG 4.7 09/01/2054                                                                                                                               | CUSIP: 67756Q8A8<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |   1235000 | PA      | $1202498.75   | 0.04%             | 2054-09-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Westpac Banking Corp.                                                                | WSTP V2.668 11/15/35                                                                                                                                   | CUSIP: 961214EP4<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |    295000 | PA      | $264980.54    | 0.01%             | 2035-11-15      | Fixed         | 2.67%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                                       | C V6.5 PERP JJ                                                                                                                                         | CUSIP: 172967QK0<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   2600000 | PA      | $2593692.66   | 0.09%             | N/A             | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Nationwide Mutual Insurance Co.                                                      | NATMUT 4.35 04/30/50 144A                                                                                                                              | CUSIP: 638671AN7<br>LEI: Z7LVXXWM8HZPKF5T2355 | Long             | DBT              | CORP              | US        |   2967000 | PA      | $2246040.54   | 0.08%             | 2050-04-30      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                     | FR RJ2414                                                                                                                                              | CUSIP: 3142GSVG0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1806610 | PA      | $1840473.34   | 0.07%             | 2054-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                         | TII 1.375 07/15/33                                                                                                                                     | CUSIP: 91282CHP9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2066914 | PA      | $2020313.97   | 0.07%             | 2033-07-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| COLT MORTGAGE LN TR 2024-2                                                           | COLT 2024-2 A1                                                                                                                                         | CUSIP: 12665LAA2<br>LEI: 213800Z2Q6LED8DB8K38 | Long             | ABS-O            | CORP              | US        |    577135 | PA      | $580357.36    | 0.02%             | 2069-04-25      | Variable      | 6.12%                 | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                                            | SWOP IRS USD                                                                                                                                           | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | N/A              | DIR              | CORP              | CA        |  20304000 | NC      | $139793.43    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| EFMT 2024-CES1                                                                       | EFMT 2024-CES1 A1                                                                                                                                      | CUSIP: 281907AA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    776611 | PA      | $778789.33    | 0.03%             | 2060-01-25      | Variable      | 5.52%                 | No            |                  2 | On Loan: No      |
| CSC Holdings, LLC                                                                    | CSCHLD 4.125 12/01/30 144A                                                                                                                             | CUSIP: 126307BB2<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    600000 | PA      | $360053.15    | 0.01%             | 2030-12-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| 200 PARK FUNDING TRUST                                                               | MET 5.74 02/15/55                                                                                                                                      | CUSIP: 901928AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2550000 | PA      | $2449933.21   | 0.09%             | 2055-02-15      | Fixed         | 5.74%                 | No            |                  2 | On Loan: No      |
| CERBERUS LN FDG XLVI L P                                                             | CERB 2024-2A B                                                                                                                                         | CUSIP: 15675BAB3<br>LEI: 635400QFSCXQUKSANU86 | Long             | ABS-CBDO         | CORP              | US        |    500000 | PA      | $499123.80    | 0.02%             | 2036-07-15      | Variable      | 5.97%                 | No            |                  2 | On Loan: No      |
| OWL ROCK CLO XXII LLC                                                                | OR 2025-22A A                                                                                                                                          | CUSIP: 69121AAA4<br>LEI: 254900R8KCHZBP66MP06 | Long             | ABS-CBDO         | CORP              | US        |   2200000 | PA      | $2204302.98   | 0.08%             | 2037-10-20      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| Rckt Mortgage Trust 2025-CES7                                                        | RCKT 2025-CES7 A1B                                                                                                                                     | CUSIP: 74943AAB8<br>LEI: 254900E35NYYFOUTHD06 | Long             | ABS-O            | CORP              | US        |    807368 | PA      | $808466.15    | 0.03%             | 2055-07-25      | Variable      | 5.48%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                                                         | ORCL 5.95 09/26/55                                                                                                                                     | CUSIP: 68389XDR3<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   1675000 | PA      | $1409128.42   | 0.05%             | 2055-09-26      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| TPG Operating Group II LP                                                            | TPG 5.875 03/05/34                                                                                                                                     | CUSIP: 872652AA0<br>LEI: 2549001H9RJQNZT7MU11 | Long             | DBT              | CORP              | US        |   1593000 | PA      | $1615488.67   | 0.06%             | 2034-03-05      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Targa Resources Corp.                                                                | TRGP 5.4 07/30/36                                                                                                                                      | CUSIP: 87612GAS0<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |   3200000 | PA      | $3176633.98   | 0.11%             | 2036-07-30      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Flutter Treasury Designated Activity Co.                                             | FLTR 6.375 04/29/29 144a                                                                                                                               | CUSIP: 344045AA7<br>LEI: 635400JE8VLL9UFVIC38 | Long             | DBT              | CORP              | IE        |   1050000 | PA      | $1068936.75   | 0.04%             | 2029-04-29      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| GS MORTGAGE SECURITIES CORP TRUST 2020-DUNE                                          | GSMS 2020-DUNE B                                                                                                                                       | CUSIP: 36258BAL2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    815545 | PA      | $811131.36    | 0.03%             | 2036-12-15      | Floating      | 5.29%                 | No            |                  2 | On Loan: No      |
| TERMINAL INVESTMENT LIMITED HOLDIN                                                   | TERMINAL INVESTMENT LIMITED HOLDIN                                                                                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |   2800000 | PA      | $2781561.59   | 0.10%             | 2040-10-01      | Fixed         | 6.23%                 | No            |                  3 | On Loan: No      |
| TRICON RESIDENTIAL 2025-SFR1 TRUST                                                   | TCN 2025-SFR1 B                                                                                                                                        | CUSIP: 895974AB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3050000 | PA      | $3046512.33   | 0.11%             | 2042-03-19      | Floating      | 5.03%                 | No            |                  2 | On Loan: No      |
| Globe Life Inc                                                                       | GL 5.85 09/15/34                                                                                                                                       | CUSIP: 37959EAC6<br>LEI: 5493001JFHKQOPP6XA71 | Long             | DBT              | CORP              | US        |    740000 | PA      | $762369.30    | 0.03%             | 2034-09-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| VISTA POINT SECURITIZATION TRUST 2025-CES1                                           | VSTA 2025-CES1 A1                                                                                                                                      | CUSIP: 92842DAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2694417 | PA      | $2706487.36   | 0.10%             | 2055-04-25      | Variable      | 5.81%                 | No            |                  2 | On Loan: No      |
| HOTWIRE FUNDING LLC                                                                  | HWIRE 2023-1A A2                                                                                                                                       | CUSIP: 44148HAA1<br>LEI: 254900ZCO90MCT7Y9348 | Long             | ABS-O            | CORP              | US        |   1005000 | PA      | $1011014.62   | 0.04%             | 2053-05-20      | Fixed         | 5.69%                 | No            |                  2 | On Loan: No      |
| MAPS TRUST 2026-1                                                                    | MAPSL 2026-1A A                                                                                                                                        | CUSIP: 55293WAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6174238 | PA      | $6031013.97   | 0.21%             | 2051-01-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| NRG Energy, Inc.                                                                     | NRG 2.45 12/02/27 144A                                                                                                                                 | CUSIP: 629377CP5<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |   1750000 | PA      | $1685714.10   | 0.06%             | 2027-12-02      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| Cheniere Energy Partners Lp                                                          | CQP 5.55 10/30/35                                                                                                                                      | CUSIP: 16411QAW1<br>LEI: 5493005UEC8AZ34LDV29 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1018348.37   | 0.04%             | 2035-10-30      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| DOGWOOD TERM LOAN                                                                    | DOGWOOD TERM LOAN                                                                                                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   8241655 | PA      | $8262439.97   | 0.29%             | 2032-06-24      | Fixed         | 6.45%                 | No            |                  3 | On Loan: No      |
| Horace Mann Educators Corporation                                                    | HMN 4.7 10/01/30                                                                                                                                       | CUSIP: 440327AM6<br>LEI: 254900G5YAV3A2YK8T32 | Long             | DBT              | CORP              | US        |    540000 | PA      | $531425.97    | 0.02%             | 2030-10-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | FN BL8056                                                                                                                                              | CUSIP: 3140J05S5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1921290 | PA      | $1374460.79   | 0.05%             | 2050-09-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| SEQUOIA MORTGAGE TRUST 2024-5                                                        | SEMT 2024-5 A5                                                                                                                                         | CUSIP: 81743CAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    292971 | PA      | $293688.96    | 0.01%             | 2054-06-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Safehold GL Holdings LLC                                                             | SAFE 6.1 04/01/34                                                                                                                                      | CUSIP: 785931AA4<br>LEI: 54930012UY5Z4Q8NL108 | Long             | DBT              | CORP              | US        |   1226000 | PA      | $1288275.91   | 0.05%             | 2034-04-01      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| TRICON RESIDENTIAL 2024-SFR1 TRUST                                                   | TCN 2024-SFR1 B                                                                                                                                        | CUSIP: 89616UAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $987432.70    | 0.04%             | 2041-04-18      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| OAK STREET INVESTMENT GRADE NET LEASE FUND SERIES 2020-1 LLC                         | OAKIG 2020-1A A3                                                                                                                                       | CUSIP: 67181DAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2476042 | PA      | $1993064.72   | 0.07%             | 2050-11-20      | Fixed         | 2.26%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION                                            | SWOP IRS USD                                                                                                                                           | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DIR              | CORP              | US        | -28853000 | NC      | $-83791.14    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GCAT 2024-NQM2                                                                       | GCAT 2024-NQM2 A1                                                                                                                                      | CUSIP: 36831CAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    246065 | PA      | $247742.16    | 0.01%             | 2059-06-25      | Variable      | 6.08%                 | No            |                  2 | On Loan: No      |
| Fairfax Financial Holdings Limited                                                   | FFHCN 3.375 03/03/31                                                                                                                                   | CUSIP: 303901BJ0<br>LEI: GLS7OQD0WOEDI8YAP031 | Long             | DBT              | CORP              | CA        |   1630000 | PA      | $1517692.98   | 0.05%             | 2031-03-03      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Wendys Funding Llc                                                                   | WEN 2025-1A A2I                                                                                                                                        | CUSIP: 95058XAR9<br>LEI: 5493009DRVSTWJOXUL48 | Long             | ABS-O            | CORP              | US        |   1695750 | PA      | $1678451.82   | 0.06%             | 2055-12-15      | Fixed         | 5.42%                 | No            |                  2 | On Loan: No      |
| Fairfax Financial Holdings Limited                                                   | FFHCN 5.625 08/16/32                                                                                                                                   | CUSIP: 303901BL5<br>LEI: GLS7OQD0WOEDI8YAP031 | Long             | DBT              | CORP              | CA        |   1000000 | PA      | $1025871.65   | 0.04%             | 2032-08-16      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| SOUND POINT CLO XXII LTD                                                             | SNDPT 2019-3A B1R                                                                                                                                      | CUSIP: 83614NAQ6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $498599.75    | 0.02%             | 2034-10-25      | Floating      | 5.63%                 | No            |                  2 | On Loan: No      |
| Appalachian Power Company                                                            | AEP 4.4 05/15/44                                                                                                                                       | CUSIP: 037735CT2<br>LEI: 3SCHO1ABYYIG382BEI70 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $983707.66    | 0.03%             | 2044-05-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                                            | SWOP IRS USD                                                                                                                                           | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | N/A              | DIR              | CORP              | CA        | -20304000 | NC      | $-46195.77    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CERBERUS LOAN FUNDING 52 LLC                                                         | CERB 2025-3A B                                                                                                                                         | CUSIP: 15675MAC7<br>LEI: 635400AJWCPT3PXIDY25 | Long             | ABS-CBDO         | CORP              | US        |   1250000 | PA      | $1246212.50   | 0.04%             | 2037-10-15      | Variable      | 5.47%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                                                             | AOMT 2024-3 A1                                                                                                                                         | CUSIP: 03466HAA1<br>LEI: 254900F6KNKYG7I13E33 | Long             | ABS-O            | CORP              | US        |   1536286 | PA      | $1527152.03   | 0.05%             | 2068-11-25      | Variable      | 4.80%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                                                    | HSBC V5.13 03/03/31                                                                                                                                    | CUSIP: 404280ER6<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    530000 | PA      | $535989.28    | 0.02%             | 2031-03-03      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| MILL CITY MORTGAGE LOAN TRUST 2021-NMR1                                              | MCMLT 2021-NMR1 M3                                                                                                                                     | CUSIP: 59982HAL4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2810000 | PA      | $2344702.78   | 0.08%             | 2060-11-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                         | T 4 05/31/30                                                                                                                                           | CUSIP: 91282CNG2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1031600 | PA      | $1035105.83   | 0.04%             | 2030-05-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| JEFFERIES CREDIT PARTNERS DIRECT LENDING CLO 2025-1 LTD                              | JCPDL 2025-1A B                                                                                                                                        | CUSIP: 47235BAE3<br>LEI: 213800SOG377Y9E1U217 | Long             | ABS-CBDO         | CORP              | KY        |   1700000 | PA      | $1694376.40   | 0.06%             | 2037-10-15      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                                          | SWOP IRS USD                                                                                                                                           | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DIR              | CORP              | FR        | -11406250 | NC      | $-11410.88    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| TRICON RESIDENTIAL 2021-SFR1                                                         | TCN 2021-SFR1 C                                                                                                                                        | CUSIP: 89614YAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2850000 | PA      | $2827679.37   | 0.10%             | 2038-07-19      | Fixed         | 2.34%                 | No            |                  2 | On Loan: No      |
| BP Capital Markets PLC                                                               | BPLN V6.125 PERP                                                                                                                                       | CUSIP: 05565QDX3<br>LEI: 549300CRVT18MXX0AG93 | Long             | DBT              | CORP              | GB        |   1350000 | PA      | $1361659.95   | 0.05%             | N/A             | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Fnma Pass-Thru I                                                                     | FN BS0812                                                                                                                                              | CUSIP: 3140LA3W3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1590090 | PA      | $1165597.64   | 0.04%             | 2051-02-01      | Fixed         | 2.27%                 | No            |                  2 | On Loan: No      |
| The Depository Trust & Clearing Corporation                                          | DEPTCC V3.375 PERP D                                                                                                                                   | CUSIP: 249670AB6<br>LEI: MLDY5N6PZ58ZE60QU102 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $993858.90    | 0.04%             | N/A             | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Frem Mil Hse Tr 2015-R1                                                              | FMMHR 2015-R1 XA1                                                                                                                                      | CUSIP: 35563CAB4<br>LEI: 549300ZG8WH0M4JSUM77 | Long             | ABS-O            | USGSE             | US        |   9576847 | PA      | $532356.80    | 0.02%             | 2055-11-25      | Fixed         | 0.70%                 | No            |                  2 | On Loan: No      |
| SLAM 2021-1 LLC                                                                      | SLAM 2021-1A A                                                                                                                                         | CUSIP: 78449AAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2310000 | PA      | $2189846.74   | 0.08%             | 2046-06-15      | Fixed         | 2.43%                 | No            |                  2 | On Loan: No      |
| ALTDE 2025-1 TRUST                                                                   | ALTDE 2025-1A A                                                                                                                                        | CUSIP: 00166NAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1990215 | PA      | $2002079.59   | 0.07%             | 2050-08-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| FORT CARSON FAMILY HOUSING LLC                                                       | CO FTCHSG 5.68 12/15/2045                                                                                                                              | CUSIP: 347075AF0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2050000 | PA      | $2038523.49   | 0.07%             | 2045-12-15      | Fixed         | 5.68%                 | No            |                  2 | On Loan: No      |
| Flutter Entertainment                                                                | Flutter Entertainment Term Loan B (Incremental) 200 2032-05-17                                                                                         | CUSIP: 000000000<br>LEI: 635400EG4YIJLJMZJ782 | Long             | LON              | CORP              | US        |   3821125 | PA      | $3773360.94   | 0.13%             | 2032-06-04      | Floating      | 5.70%                 | No            |                  2 | On Loan: No      |
| SERVICEMASTER FUNDING LLC                                                            | SERV 2020-1 A2I                                                                                                                                        | CUSIP: 81761TAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3751839 | PA      | $3566950.03   | 0.13%             | 2051-01-30      | Fixed         | 2.84%                 | No            |                  2 | On Loan: No      |
| Tennessee Valley Authority                                                           | TVASP 0 12/15/42                                                                                                                                       | CUSIP: 88059FBW0<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |   1600000 | PA      | $680019.20    | 0.02%             | 2042-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Accident Fund Insurance Co of America                                                | AFICOA 8.5 08/01/32 144A                                                                                                                               | CUSIP: 00452AAA8<br>LEI: 2549009NUX96RJZ6DQ30 | Long             | DBT              | CORP              | US        |   2450000 | PA      | $2448575.37   | 0.09%             | 2032-08-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp.                                                          | COF V5.399 01/30/37                                                                                                                                    | CUSIP: 14040HDQ5<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |   1090000 | PA      | $1068055.47   | 0.04%             | 2037-01-30      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Cars Db4 LP                                                                          | CAUTO 2020-1A A5                                                                                                                                       | CUSIP: 12510HAE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1220052 | PA      | $1203010.39   | 0.04%             | 2050-02-15      | Fixed         | 3.48%                 | No            |                  2 | On Loan: No      |
| OBX TRUST 2024-NQM8                                                                  | OBX 2024-NQM8 A3                                                                                                                                       | CUSIP: 67119CAC4<br>LEI: 254900Y1YRD8JNADSC78 | Long             | ABS-O            | CORP              | US        |    525813 | PA      | $530029.15    | 0.02%             | 2064-05-25      | Variable      | 6.59%                 | No            |                  2 | On Loan: No      |
| BSPRT 2024-FL11 ISSUER LLC                                                           | BSPRT 2024-FL11 B                                                                                                                                      | CUSIP: 05613RAE8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1000000 | PA      | $999521.00    | 0.04%             | 2039-07-15      | Floating      | 5.97%                 | No            |                  2 | On Loan: No      |
| The Brooklyn Union Gas Company                                                       | NGGLN 6.388 09/15/33 144A                                                                                                                              | CUSIP: 114259AX2<br>LEI: 83BQ1DXS6VA5GZFK8S35 | Long             | DBT              | CORP              | US        |    330000 | PA      | $351357.09    | 0.01%             | 2033-09-15      | Fixed         | 6.39%                 | No            |                  2 | On Loan: No      |
| Citadel Securities Global Holdings LLC                                               | CITSEC 5.75 03/27/36                                                                                                                                   | CUSIP: 17289RAF3<br>LEI: 549300NV5RXBUS3X7L47 | Long             | DBT              | CORP              | US        |    400000 | PA      | $394706.67    | 0.01%             | 2036-03-27      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Citadel Securities Global Holdings LLC                                               | CITSEC 5.5 06/18/30                                                                                                                                    | CUSIP: 17289RAA4<br>LEI: 549300NV5RXBUS3X7L47 | Long             | DBT              | CORP              | US        |    525000 | PA      | $533361.06    | 0.02%             | 2030-06-18      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| STORE MASTER FUNDING III LLC                                                         | STR 2016-1A A1                                                                                                                                         | CUSIP: 86212VAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2327764 | PA      | $2313927.42   | 0.08%             | 2046-10-20      | Fixed         | 3.96%                 | No            |                  2 | On Loan: No      |
| GOLDENTREE LN MGMT US CLO 9 LTD/LLC                                                  | GLM 2021-9A CR                                                                                                                                         | CUSIP: 38138JAU7<br>LEI: 549300CQMHYJ3DLMP206 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2002113.80   | 0.07%             | 2037-04-20      | Floating      | 6.07%                 | No            |                  2 | On Loan: No      |
| GATX Corporation                                                                     | GATX 6.05 06/05/54                                                                                                                                     | CUSIP: 361448BR3<br>LEI: 549300IHYHCQP2PIR591 | Long             | DBT              | CORP              | US        |    628000 | PA      | $623583.65    | 0.02%             | 2054-06-05      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-06-01

**Name of Applicant:** Guggenheim Funds Trust

**Signature:** James Howley

**Name of Signer:** James Howley

**Title:** Chief Financial Officer