# EDGAR Filing Document

**Accession Number:** 0001352280
**File Stem:** 0001193125-25-252364
**Filing Date:** 2025-10
**Character Count:** 351284
**Document Hash:** b26c2e63d299914b9cd9ebd6356455b0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-252364.hdr.sgml**: 20251028

**ACCESSION NUMBER**: 0001193125-25-252364

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20250831

**FILED AS OF DATE**: 20251028

**DATE AS OF CHANGE**: 20251028

**PERIOD START**: 20260531

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Columbia Funds Series Trust II
- **CENTRAL INDEX KEY:** 0001352280

**ORGANIZATION NAME:**
- **EIN:** 204384176
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0430

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21852
- **FILM NUMBER:** 251421430

**BUSINESS ADDRESS:**
- **STREET 1:** 290 CONGRESS STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210
- **BUSINESS PHONE:** 800-345-6611

**MAIL ADDRESS:**
- **STREET 1:** 290 CONGRESS STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** RIVERSOURCE SERIES TRUST
- **DATE OF NAME CHANGE:** 20070928

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** RIVERSOURCE RETIREMENT SERIES TRUST
- **DATE OF NAME CHANGE:** 20060801

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** RiverSource Retirement Series Trust
- **DATE OF NAME CHANGE:** 20060206

## Series and Classes Contracts Data

### Columbia Mortgage Opportunities Fund (Series ID: S000045258)

| Class ID   | Class Name                                                 | Ticker Symbol   |
|:---|:---|:---|
| C000140950 | Columbia Mortgage Opportunities Fund Class A               | CLMAX           |
| C000140951 | Columbia Mortgage Opportunities Fund Class C               | CLMCX           |
| C000140954 | Columbia Mortgage Opportunities Fund Institutional 2 Class | CLMVX           |
| C000140955 | Columbia Mortgage Opportunities Fund Institutional Class   | CLMZX           |
| C000175684 | Columbia Mortgage Opportunities Fund Institutional 3 Class | CMOYX           |
| C000255612 | Columbia Mortgage Opportunities Fund Class S               | CLMDX           |

## Nport-Ex

![](img20caf13d1.jpg)

Columbia Mortgage Opportunities Fund

**First Quarter Report**

August 31, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Not FDIC or NCUA Insured** | **No Financial Institution Guarantee** | **May Lose Value** |

---

------

Portfolio of Investments

Columbia Mortgage Opportunities Fund, August 31, 2025 (Unaudited)

(Percentages represent value of investments compared to net assets)

**Investments in securities**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
| **Asset-Backed Securities - Non-Agency 8.9%** | **Asset-Backed Securities - Non-Agency 8.9%** | **Asset-Backed Securities - Non-Agency 8.9%** | **Asset-Backed Securities - Non-Agency 8.9%** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Affirm Asset Securitization Trust<sup>(a),(b),(c)</sup>  | Affirm Asset Securitization Trust<sup>(a),(b),(c)</sup>  | Affirm Asset Securitization Trust<sup>(a),(b),(c)</sup>  | Affirm Asset Securitization Trust<sup>(a),(b),(c)</sup>  |
| Series 2024-X2 Class CERT | Series 2024-X2 Class CERT | Series 2024-X2 Class CERT | Series 2024-X2 Class CERT |
| 12/17/2029 | &nbsp;&nbsp; 0.000% | 70500 | &nbsp;&nbsp; 2572837 |
| Ally Bank Auto Credit-Linked Notes<sup>(a)</sup>  | Ally Bank Auto Credit-Linked Notes<sup>(a)</sup>  | Ally Bank Auto Credit-Linked Notes<sup>(a)</sup>  | Ally Bank Auto Credit-Linked Notes<sup>(a)</sup>  |
| Series 2025-A Class G | Series 2025-A Class G | Series 2025-A Class G | Series 2025-A Class G |
| 06/15/2033 | &nbsp;&nbsp; 10.219% | 5500000 | &nbsp;&nbsp; 5552705 |
| ARES CLO<sup>(a),(d)</sup>  | ARES CLO<sup>(a),(d)</sup>  | ARES CLO<sup>(a),(d)</sup>  | ARES CLO<sup>(a),(d)</sup>  |
| Series 2021-60A Class E | Series 2021-60A Class E | Series 2021-60A Class E | Series 2021-60A Class E |
| &nbsp;&nbsp; 3-month Term SOFR + 6.512% <br>Floor 6.250% <br>07/18/2034<br>| &nbsp;&nbsp; 10.841% | 5000000 | &nbsp;&nbsp; 5003475 |
| ASP WHCO Participation LP<sup>(a),(d),(e),(f)</sup>  | ASP WHCO Participation LP<sup>(a),(d),(e),(f)</sup>  | ASP WHCO Participation LP<sup>(a),(d),(e),(f)</sup>  | ASP WHCO Participation LP<sup>(a),(d),(e),(f)</sup>  |
| &nbsp;&nbsp; 30-day Average SOFR + 2.400% <br>Floor 3.000% <br>03/29/2029<br>| &nbsp;&nbsp; 6.713% | 18000000 | &nbsp;&nbsp; 18000000 |
| Carlyle Global Market Strategies CLO Ltd.<sup>(a),(d)</sup>  | Carlyle Global Market Strategies CLO Ltd.<sup>(a),(d)</sup>  | Carlyle Global Market Strategies CLO Ltd.<sup>(a),(d)</sup>  | Carlyle Global Market Strategies CLO Ltd.<sup>(a),(d)</sup>  |
| Series 2013-3A Class BR | Series 2013-3A Class BR | Series 2013-3A Class BR | Series 2013-3A Class BR |
| &nbsp;&nbsp; 3-month Term SOFR + 1.962% <br>Floor 1.700% <br>10/15/2030<br>| &nbsp;&nbsp; 6.279% | 11000000 | &nbsp;&nbsp; 11006897 |
| Series 2015-4A Class CR | Series 2015-4A Class CR | Series 2015-4A Class CR | Series 2015-4A Class CR |
| &nbsp;&nbsp; 3-month Term SOFR + 3.962% <br>Floor 3.700% <br>07/20/2032<br>| &nbsp;&nbsp; 8.287% | 7500000 | &nbsp;&nbsp; 7511303 |
| DailyPay Securitization Trust<sup>(a)</sup>  | DailyPay Securitization Trust<sup>(a)</sup>  | DailyPay Securitization Trust<sup>(a)</sup>  | DailyPay Securitization Trust<sup>(a)</sup>  |
| Series 2025-1A Class A | Series 2025-1A Class A | Series 2025-1A Class A | Series 2025-1A Class A |
| 06/25/2028 | &nbsp;&nbsp; 5.630% | 4500000 | &nbsp;&nbsp; 4528347 |
| EDGEX Issuer Trust<sup>(a)</sup>  | EDGEX Issuer Trust<sup>(a)</sup>  | EDGEX Issuer Trust<sup>(a)</sup>  | EDGEX Issuer Trust<sup>(a)</sup>  |
| Series 2025-1NN Class B | Series 2025-1NN Class B | Series 2025-1NN Class B | Series 2025-1NN Class B |
| 01/15/2031 | &nbsp;&nbsp; 6.850% | 6537500 | &nbsp;&nbsp; 6561779 |
| EDGEX Issuer Trust<sup>(a),(c)</sup>  | EDGEX Issuer Trust<sup>(a),(c)</sup>  | EDGEX Issuer Trust<sup>(a),(c)</sup>  | EDGEX Issuer Trust<sup>(a),(c)</sup>  |
| Series 2025-1NN Class CERT | Series 2025-1NN Class CERT | Series 2025-1NN Class CERT | Series 2025-1NN Class CERT |
| 01/15/2031 | &nbsp;&nbsp; 0.000% | 8358000 | &nbsp;&nbsp; 8174404 |
| Elmwood CLO VIII Ltd.<sup>(a),(d)</sup>  | Elmwood CLO VIII Ltd.<sup>(a),(d)</sup>  | Elmwood CLO VIII Ltd.<sup>(a),(d)</sup>  | Elmwood CLO VIII Ltd.<sup>(a),(d)</sup>  |
| Subordinated Series 2024-1A Class ER | Subordinated Series 2024-1A Class ER | Subordinated Series 2024-1A Class ER | Subordinated Series 2024-1A Class ER |
| &nbsp;&nbsp; 3-month Term SOFR + 6.250% <br>Floor 6.250% <br>04/20/2037<br>| &nbsp;&nbsp; 10.576% | 2500000 | &nbsp;&nbsp; 2499998 |
| Lendbuzz Securitization Trust<sup>(a)</sup>  | Lendbuzz Securitization Trust<sup>(a)</sup>  | Lendbuzz Securitization Trust<sup>(a)</sup>  | Lendbuzz Securitization Trust<sup>(a)</sup>  |
| Series 2025-2A Class A2 | Series 2025-2A Class A2 | Series 2025-2A Class A2 | Series 2025-2A Class A2 |
| 05/15/2030 | &nbsp;&nbsp; 5.180% | 4450000 | &nbsp;&nbsp; 4464292 |
| LendingClub Receivables Trust<sup>(a),(c),(f)</sup>  | LendingClub Receivables Trust<sup>(a),(c),(f)</sup>  | LendingClub Receivables Trust<sup>(a),(c),(f)</sup>  | LendingClub Receivables Trust<sup>(a),(c),(f)</sup>  |
| Series 2020-2 Class R | Series 2020-2 Class R | Series 2020-2 Class R | Series 2020-2 Class R |
| 02/15/2046 | &nbsp;&nbsp; 0.000% | 865000 | &nbsp;&nbsp; 43250 |
| LendingPoint Asset Securitization Trust<sup>(a),(e),(f)</sup>  | LendingPoint Asset Securitization Trust<sup>(a),(e),(f)</sup>  | LendingPoint Asset Securitization Trust<sup>(a),(e),(f)</sup>  | LendingPoint Asset Securitization Trust<sup>(a),(e),(f)</sup>  |
| Subordinated Series 2021-1 Class D | Subordinated Series 2021-1 Class D | Subordinated Series 2021-1 Class D | Subordinated Series 2021-1 Class D |
| 04/15/2027 | &nbsp;&nbsp; 7.226% | 674448 | &nbsp;&nbsp; 673773 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Asset-Backed Securities - Non-Agency (continued)** | **Asset-Backed Securities - Non-Agency (continued)** | **Asset-Backed Securities - Non-Agency (continued)** | **Asset-Backed Securities - Non-Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Marlette Funding Trust<sup>(a)</sup>  | Marlette Funding Trust<sup>(a)</sup>  | Marlette Funding Trust<sup>(a)</sup>  | Marlette Funding Trust<sup>(a)</sup>  |
| Series 2021-1A Class D | Series 2021-1A Class D | Series 2021-1A Class D | Series 2021-1A Class D |
| 06/16/2031 | &nbsp;&nbsp; 2.470% | 119290 | &nbsp;&nbsp; 118598 |
| MPOWER Education Trust<sup>(a)</sup>  | MPOWER Education Trust<sup>(a)</sup>  | MPOWER Education Trust<sup>(a)</sup>  | MPOWER Education Trust<sup>(a)</sup>  |
| Series 2025-A Class B | Series 2025-A Class B | Series 2025-A Class B | Series 2025-A Class B |
| 07/21/2042 | &nbsp;&nbsp; 8.470% | 6480000 | &nbsp;&nbsp; 6593410 |
| Subordinated Series 2024-A Class B | Subordinated Series 2024-A Class B | Subordinated Series 2024-A Class B | Subordinated Series 2024-A Class B |
| 07/22/2041 | &nbsp;&nbsp; 8.350% | 6000000 | &nbsp;&nbsp; 6184526 |
| NetCredit Combined Receivables A LLC<sup>(a)</sup>  | NetCredit Combined Receivables A LLC<sup>(a)</sup>  | NetCredit Combined Receivables A LLC<sup>(a)</sup>  | NetCredit Combined Receivables A LLC<sup>(a)</sup>  |
| Series 2025-A Class A | Series 2025-A Class A | Series 2025-A Class A | Series 2025-A Class A |
| 10/20/2031 | &nbsp;&nbsp; 7.290% | 10557532 | &nbsp;&nbsp; 10738200 |
| Netcredit Combined Receivables LLC<sup>(a)</sup>  | Netcredit Combined Receivables LLC<sup>(a)</sup>  | Netcredit Combined Receivables LLC<sup>(a)</sup>  | Netcredit Combined Receivables LLC<sup>(a)</sup>  |
| Series 2023-A Class A | Series 2023-A Class A | Series 2023-A Class A | Series 2023-A Class A |
| 12/20/2027 | &nbsp;&nbsp; 7.780% | 996996 | &nbsp;&nbsp; 999511 |
| Octagon 54 Ltd.<sup>(a),(d)</sup>  | Octagon 54 Ltd.<sup>(a),(d)</sup>  | Octagon 54 Ltd.<sup>(a),(d)</sup>  | Octagon 54 Ltd.<sup>(a),(d)</sup>  |
| Series 2021-1A Class E | Series 2021-1A Class E | Series 2021-1A Class E | Series 2021-1A Class E |
| &nbsp;&nbsp; 3-month Term SOFR + 6.512% <br>Floor 6.250% <br>07/15/2034<br>| &nbsp;&nbsp; 10.829% | 2500000 | &nbsp;&nbsp; 2343455 |
| Oportun Funding Trust<sup>(a)</sup>  | Oportun Funding Trust<sup>(a)</sup>  | Oportun Funding Trust<sup>(a)</sup>  | Oportun Funding Trust<sup>(a)</sup>  |
| Subordinated Series 2024-3 Class C | Subordinated Series 2024-3 Class C | Subordinated Series 2024-3 Class C | Subordinated Series 2024-3 Class C |
| 08/15/2029 | &nbsp;&nbsp; 6.250% | 1800000 | &nbsp;&nbsp; 1814567 |
| Pagaya AI Debt Grantor Trust<sup>(a)</sup>  | Pagaya AI Debt Grantor Trust<sup>(a)</sup>  | Pagaya AI Debt Grantor Trust<sup>(a)</sup>  | Pagaya AI Debt Grantor Trust<sup>(a)</sup>  |
| Series 2025-5 Class E | Series 2025-5 Class E | Series 2025-5 Class E | Series 2025-5 Class E |
| 03/15/2033 | &nbsp;&nbsp; 9.698% | 3000000 | &nbsp;&nbsp; 3031808 |
| Subordinated Series 2024-5 Class C | Subordinated Series 2024-5 Class C | Subordinated Series 2024-5 Class C | Subordinated Series 2024-5 Class C |
| 10/15/2031 | &nbsp;&nbsp; 7.270% | 4138991 | &nbsp;&nbsp; 4200183 |
| Subordinated Series 2024-9 Class D | Subordinated Series 2024-9 Class D | Subordinated Series 2024-9 Class D | Subordinated Series 2024-9 Class D |
| 03/15/2032 | &nbsp;&nbsp; 6.174% | 8335201 | &nbsp;&nbsp; 8335354 |
| Pagaya AI Debt Selection Trust<sup>(a),(c)</sup>  | Pagaya AI Debt Selection Trust<sup>(a),(c)</sup>  | Pagaya AI Debt Selection Trust<sup>(a),(c)</sup>  | Pagaya AI Debt Selection Trust<sup>(a),(c)</sup>  |
| Series 2020-3 Class CERT | Series 2020-3 Class CERT | Series 2020-3 Class CERT | Series 2020-3 Class CERT |
| 05/17/2027 | &nbsp;&nbsp; 0.000% | 23803550 | &nbsp;&nbsp; 231062 |
| Series 2021-1 Class CERT | Series 2021-1 Class CERT | Series 2021-1 Class CERT | Series 2021-1 Class CERT |
| 11/15/2027 | &nbsp;&nbsp; 0.000% | 1901904 | &nbsp;&nbsp; 0 |
| Subordinated Series 2021-3 Class | Subordinated Series 2021-3 Class | Subordinated Series 2021-3 Class | Subordinated Series 2021-3 Class |
| 05/15/2029 | &nbsp;&nbsp; 0.000% | 12925852 | &nbsp;&nbsp; 95060 |
| Subordinated Series 2021-5 Class | Subordinated Series 2021-5 Class | Subordinated Series 2021-5 Class | Subordinated Series 2021-5 Class |
| 08/15/2029 | &nbsp;&nbsp; 0.000% | 12321273 | &nbsp;&nbsp; 241511 |
| Pagaya AI Debt Selection Trust<sup>(a)</sup>  | Pagaya AI Debt Selection Trust<sup>(a)</sup>  | Pagaya AI Debt Selection Trust<sup>(a)</sup>  | Pagaya AI Debt Selection Trust<sup>(a)</sup>  |
| Series 2021-2 Class NOTE | Series 2021-2 Class NOTE | Series 2021-2 Class NOTE | Series 2021-2 Class NOTE |
| 01/25/2029 | &nbsp;&nbsp; 3.000% | 443295 | &nbsp;&nbsp; 440853 |
| Pagaya AI Debt Trust<sup>(a)</sup>  | Pagaya AI Debt Trust<sup>(a)</sup>  | Pagaya AI Debt Trust<sup>(a)</sup>  | Pagaya AI Debt Trust<sup>(a)</sup>  |
| Series 2023-6 Class D | Series 2023-6 Class D | Series 2023-6 Class D | Series 2023-6 Class D |
| 06/16/2031 | &nbsp;&nbsp; 9.000% | 10909752 | &nbsp;&nbsp; 11028030 |
| Series 2025-R1 Class E | Series 2025-R1 Class E | Series 2025-R1 Class E | Series 2025-R1 Class E |
| 06/15/2032 | &nbsp;&nbsp; 12.105% | 1000000 | &nbsp;&nbsp; 1000055 |

---

Columbia Mortgage Opportunities Fund \| 2025

------

Portfolio of Investments (continued)

Columbia Mortgage Opportunities Fund, August 31, 2025 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Asset-Backed Securities - Non-Agency (continued)** | **Asset-Backed Securities - Non-Agency (continued)** | **Asset-Backed Securities - Non-Agency (continued)** | **Asset-Backed Securities - Non-Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Subordinated Series 2022-5 Class B | Subordinated Series 2022-5 Class B | Subordinated Series 2022-5 Class B | Subordinated Series 2022-5 Class B |
| 06/17/2030 | &nbsp;&nbsp; 10.310% | 4057914 | &nbsp;&nbsp; 4176433 |
| Subordinated Series 2024-1 Class B | Subordinated Series 2024-1 Class B | Subordinated Series 2024-1 Class B | Subordinated Series 2024-1 Class B |
| 07/15/2031 | &nbsp;&nbsp; 7.109% | 2550659 | &nbsp;&nbsp; 2581175 |
| Subordinated Series 2024-1 Class C | Subordinated Series 2024-1 Class C | Subordinated Series 2024-1 Class C | Subordinated Series 2024-1 Class C |
| 07/15/2031 | &nbsp;&nbsp; 8.344% | 1854673 | &nbsp;&nbsp; 1878075 |
| Subordinated Series 2024-2 Class C | Subordinated Series 2024-2 Class C | Subordinated Series 2024-2 Class C | Subordinated Series 2024-2 Class C |
| 08/15/2031 | &nbsp;&nbsp; 7.573% | 2538166 | &nbsp;&nbsp; 2569795 |
| Subordinated Series 2024-3 Class B | Subordinated Series 2024-3 Class B | Subordinated Series 2024-3 Class B | Subordinated Series 2024-3 Class B |
| 10/15/2031 | &nbsp;&nbsp; 6.571% | 4643758 | &nbsp;&nbsp; 4694269 |
| Subordinated Series 2024-3 Class C | Subordinated Series 2024-3 Class C | Subordinated Series 2024-3 Class C | Subordinated Series 2024-3 Class C |
| 10/15/2031 | &nbsp;&nbsp; 7.297% | 6961254 | &nbsp;&nbsp; 7020490 |
| Pagaya Point of Sale Holdings Grantor Trust<sup>(a)</sup>  | Pagaya Point of Sale Holdings Grantor Trust<sup>(a)</sup>  | Pagaya Point of Sale Holdings Grantor Trust<sup>(a)</sup>  | Pagaya Point of Sale Holdings Grantor Trust<sup>(a)</sup>  |
| Series 2025-1 Class A | Series 2025-1 Class A | Series 2025-1 Class A | Series 2025-1 Class A |
| 01/20/2034 | &nbsp;&nbsp; 5.715% | 8200000 | &nbsp;&nbsp; 8258837 |
| Palmer Square CLO Ltd.<sup>(a),(d)</sup>  | Palmer Square CLO Ltd.<sup>(a),(d)</sup>  | Palmer Square CLO Ltd.<sup>(a),(d)</sup>  | Palmer Square CLO Ltd.<sup>(a),(d)</sup>  |
| Series 2023-2A Class ER | Series 2023-2A Class ER | Series 2023-2A Class ER | Series 2023-2A Class ER |
| &nbsp;&nbsp; 3-month Term SOFR + 6.400% <br>Floor 6.400% <br>07/20/2038<br>| &nbsp;&nbsp; 10.727% | 2000000 | &nbsp;&nbsp; 2011368 |
| Prosper Marketplace Issuance Trust<sup>(a)</sup>  | Prosper Marketplace Issuance Trust<sup>(a)</sup>  | Prosper Marketplace Issuance Trust<sup>(a)</sup>  | Prosper Marketplace Issuance Trust<sup>(a)</sup>  |
| Series 2024-1A Class A | Series 2024-1A Class A | Series 2024-1A Class A | Series 2024-1A Class A |
| 08/15/2029 | &nbsp;&nbsp; 6.120% | 429806 | &nbsp;&nbsp; 430081 |
| Research-Driven Pagaya Motor Asset Trust IV<sup>(a)</sup>  | Research-Driven Pagaya Motor Asset Trust IV<sup>(a)</sup>  | Research-Driven Pagaya Motor Asset Trust IV<sup>(a)</sup>  | Research-Driven Pagaya Motor Asset Trust IV<sup>(a)</sup>  |
| Series 2021-2A Class A | Series 2021-2A Class A | Series 2021-2A Class A | Series 2021-2A Class A |
| 03/25/2030 | &nbsp;&nbsp; 2.650% | 2970561 | &nbsp;&nbsp; 2912446 |
| RR 16 Ltd.<sup>(a),(d)</sup>  | RR 16 Ltd.<sup>(a),(d)</sup>  | RR 16 Ltd.<sup>(a),(d)</sup>  | RR 16 Ltd.<sup>(a),(d)</sup>  |
| Series 2021-16A Class D | Series 2021-16A Class D | Series 2021-16A Class D | Series 2021-16A Class D |
| &nbsp;&nbsp; 3-month Term SOFR + 6.512% <br>Floor 6.250% <br>07/15/2036<br>| &nbsp;&nbsp; 10.829% | 3733333 | &nbsp;&nbsp; 3735177 |
| Theorem Funding Trust<sup>(a)</sup>  | Theorem Funding Trust<sup>(a)</sup>  | Theorem Funding Trust<sup>(a)</sup>  | Theorem Funding Trust<sup>(a)</sup>  |
| Series 2022-3A Class A | Series 2022-3A Class A | Series 2022-3A Class A | Series 2022-3A Class A |
| 04/15/2029 | &nbsp;&nbsp; 7.600% | 164153 | &nbsp;&nbsp; 164264 |
| Upgrade Master Pass-Thru Trust<sup>(a),(c),(f)</sup>  | Upgrade Master Pass-Thru Trust<sup>(a),(c),(f)</sup>  | Upgrade Master Pass-Thru Trust<sup>(a),(c),(f)</sup>  | Upgrade Master Pass-Thru Trust<sup>(a),(c),(f)</sup>  |
| Series 2025-ST5 Class CERT | Series 2025-ST5 Class CERT | Series 2025-ST5 Class CERT | Series 2025-ST5 Class CERT |
| 09/15/2032 | &nbsp;&nbsp; 0.000% | 5250000 | &nbsp;&nbsp; 4965555 |
| Upstart Asset Trust II Series<sup>(a),(c),(e),(f)</sup>  | Upstart Asset Trust II Series<sup>(a),(c),(e),(f)</sup>  | Upstart Asset Trust II Series<sup>(a),(c),(e),(f)</sup>  | Upstart Asset Trust II Series<sup>(a),(c),(e),(f)</sup>  |
| Series 2025-1GS Class CERT | Series 2025-1GS Class CERT | Series 2025-1GS Class CERT | Series 2025-1GS Class CERT |
| 02/20/2030 | &nbsp;&nbsp; 0.000% | 18723 | &nbsp;&nbsp; 5289248 |
| Upstart Securitization Trust<sup>(a)</sup>  | Upstart Securitization Trust<sup>(a)</sup>  | Upstart Securitization Trust<sup>(a)</sup>  | Upstart Securitization Trust<sup>(a)</sup>  |
| Series 2025-1 Class C | Series 2025-1 Class C | Series 2025-1 Class C | Series 2025-1 Class C |
| 04/20/2035 | &nbsp;&nbsp; 9.270% | 10850000 | &nbsp;&nbsp; 11419821 |
| Subordinated Series 2024-1 Class C | Subordinated Series 2024-1 Class C | Subordinated Series 2024-1 Class C | Subordinated Series 2024-1 Class C |
| 11/20/2034 | &nbsp;&nbsp; 8.680% | 12250000 | &nbsp;&nbsp; 12794392 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Asset-Backed Securities - Non-Agency (continued)** | **Asset-Backed Securities - Non-Agency (continued)** | **Asset-Backed Securities - Non-Agency (continued)** | **Asset-Backed Securities - Non-Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| US Auto Funding<sup>(a)</sup>  | US Auto Funding<sup>(a)</sup>  | US Auto Funding<sup>(a)</sup>  | US Auto Funding<sup>(a)</sup>  |
| Subordinated Series 2021-1A Class D | Subordinated Series 2021-1A Class D | Subordinated Series 2021-1A Class D | Subordinated Series 2021-1A Class D |
| 03/15/2027 | &nbsp;&nbsp; 4.360% | 2375000 | &nbsp;&nbsp; 47321 |
| &nbsp;&nbsp; Total Asset-Backed Securities — Non-Agency <br>(Cost $226,934,843) | &nbsp;&nbsp; Total Asset-Backed Securities — Non-Agency <br>(Cost $226,934,843) | &nbsp;&nbsp; Total Asset-Backed Securities — Non-Agency <br>(Cost $226,934,843) | &nbsp;&nbsp; **208937990** |
| **Commercial Mortgage-Backed Securities - Agency 0.1%** | **Commercial Mortgage-Backed Securities - Agency 0.1%** | **Commercial Mortgage-Backed Securities - Agency 0.1%** | **Commercial Mortgage-Backed Securities - Agency 0.1%** |
| Government National Mortgage Association<sup>(g),(h)</sup>  | Government National Mortgage Association<sup>(g),(h)</sup>  | Government National Mortgage Association<sup>(g),(h)</sup>  | Government National Mortgage Association<sup>(g),(h)</sup>  |
| Series 2017-30 Class IO | Series 2017-30 Class IO | Series 2017-30 Class IO | Series 2017-30 Class IO |
| 08/16/2058 | &nbsp;&nbsp; 0.572% | 40239704 | &nbsp;&nbsp; 1027384 |
| Series 2019-102 Class IB | Series 2019-102 Class IB | Series 2019-102 Class IB | Series 2019-102 Class IB |
| 03/16/2060 | &nbsp;&nbsp; 0.835% | 11962261 | &nbsp;&nbsp; 576259 |
| Series 2020-19 Class IO | Series 2020-19 Class IO | Series 2020-19 Class IO | Series 2020-19 Class IO |
| 12/16/2061 | &nbsp;&nbsp; 0.719% | 17234604 | &nbsp;&nbsp; 785076 |
| Series 2020-3 Class IO | Series 2020-3 Class IO | Series 2020-3 Class IO | Series 2020-3 Class IO |
| 02/16/2062 | &nbsp;&nbsp; 0.616% | 17433763 | &nbsp;&nbsp; 662748 |
| &nbsp;&nbsp; Total Commercial Mortgage-Backed Securities - Agency <br>(Cost $11,189,991) | &nbsp;&nbsp; Total Commercial Mortgage-Backed Securities - Agency <br>(Cost $11,189,991) | &nbsp;&nbsp; Total Commercial Mortgage-Backed Securities - Agency <br>(Cost $11,189,991) | &nbsp;&nbsp; **3051467** |
| **Commercial Mortgage-Backed Securities - Non-Agency 1.8%** | **Commercial Mortgage-Backed Securities - Non-Agency 1.8%** | **Commercial Mortgage-Backed Securities - Non-Agency 1.8%** | **Commercial Mortgage-Backed Securities - Non-Agency 1.8%** |
| BHMS Commercial Mortgage Trust<sup>(a),(d)</sup>  | BHMS Commercial Mortgage Trust<sup>(a),(d)</sup>  | BHMS Commercial Mortgage Trust<sup>(a),(d)</sup>  | BHMS Commercial Mortgage Trust<sup>(a),(d)</sup>  |
| Series 2025-ATLS Class B | Series 2025-ATLS Class B | Series 2025-ATLS Class B | Series 2025-ATLS Class B |
| &nbsp;&nbsp; 1-month Term SOFR + 2.650% <br>Floor 2.650% <br>08/15/2042<br>| &nbsp;&nbsp; 6.900% | 3800000 | &nbsp;&nbsp; 3811875 |
| BXP Trust<sup>(a),(g)</sup>  | BXP Trust<sup>(a),(g)</sup>  | BXP Trust<sup>(a),(g)</sup>  | BXP Trust<sup>(a),(g)</sup>  |
| Subordinated Series 2021-601L Class E | Subordinated Series 2021-601L Class E | Subordinated Series 2021-601L Class E | Subordinated Series 2021-601L Class E |
| 01/15/2044 | &nbsp;&nbsp; 2.868% | 15400000 | &nbsp;&nbsp; 11660142 |
| Credit Suisse Mortgage Capital Certificates OA LLC<sup>(a)</sup>  | Credit Suisse Mortgage Capital Certificates OA LLC<sup>(a)</sup>  | Credit Suisse Mortgage Capital Certificates OA LLC<sup>(a)</sup>  | Credit Suisse Mortgage Capital Certificates OA LLC<sup>(a)</sup>  |
| Subordinated Series 2014-USA Class E | Subordinated Series 2014-USA Class E | Subordinated Series 2014-USA Class E | Subordinated Series 2014-USA Class E |
| 09/15/2037 | &nbsp;&nbsp; 4.373% | 5275000 | &nbsp;&nbsp; 3428803 |
| Subordinated Series 2014-USA Class F | Subordinated Series 2014-USA Class F | Subordinated Series 2014-USA Class F | Subordinated Series 2014-USA Class F |
| 09/15/2037 | &nbsp;&nbsp; 4.373% | 18400000 | &nbsp;&nbsp; 8004184 |
| Hilton USA Trust<sup>(a),(i)</sup>  | Hilton USA Trust<sup>(a),(i)</sup>  | Hilton USA Trust<sup>(a),(i)</sup>  | Hilton USA Trust<sup>(a),(i)</sup>  |
| Subordinated Series 2016-SFP Class F | Subordinated Series 2016-SFP Class F | Subordinated Series 2016-SFP Class F | Subordinated Series 2016-SFP Class F |
| 11/05/2035 | &nbsp;&nbsp; 0.000% | 27400000 | &nbsp;&nbsp; 550965 |
| Home Partners of America Trust<sup>(a)</sup>  | Home Partners of America Trust<sup>(a)</sup>  | Home Partners of America Trust<sup>(a)</sup>  | Home Partners of America Trust<sup>(a)</sup>  |
| Series 2019-2 Class F | Series 2019-2 Class F | Series 2019-2 Class F | Series 2019-2 Class F |
| 10/19/2039 | &nbsp;&nbsp; 3.866% | 2747554 | &nbsp;&nbsp; 2650053 |
| Wells Fargo Commercial Mortgage Trust<sup>(a),(d)</sup>  | Wells Fargo Commercial Mortgage Trust<sup>(a),(d)</sup>  | Wells Fargo Commercial Mortgage Trust<sup>(a),(d)</sup>  | Wells Fargo Commercial Mortgage Trust<sup>(a),(d)</sup>  |
| Series 2021-FCMT Class E | Series 2021-FCMT Class E | Series 2021-FCMT Class E | Series 2021-FCMT Class E |
| &nbsp;&nbsp; 1-month Term SOFR + 4.614% <br>Floor 4.500% <br>05/15/2031<br>| &nbsp;&nbsp; 8.978% | 11600000 | &nbsp;&nbsp; 11571537 |
| &nbsp;&nbsp; Total Commercial Mortgage-Backed Securities - Non-Agency <br>(Cost $80,148,267) | &nbsp;&nbsp; Total Commercial Mortgage-Backed Securities - Non-Agency <br>(Cost $80,148,267) | &nbsp;&nbsp; Total Commercial Mortgage-Backed Securities - Non-Agency <br>(Cost $80,148,267) | &nbsp;&nbsp; **41677559** |

---

Columbia Mortgage Opportunities Fund \| 2025

------

Portfolio of Investments (continued)

Columbia Mortgage Opportunities Fund, August 31, 2025 (Unaudited)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| **Joint Ventures**<sup>(j)</sup> **0.7%** | **Joint Ventures**<sup>(j)</sup> **0.7%** |
|  | **Value ($)** |
| Itasca Park LLC - Unfunded<sup>(e),(f),(k),(l),(m)</sup> <br>| &nbsp;&nbsp; 17300000 |
| &nbsp;&nbsp; Total Joint Ventures <br>(Cost $17,300,000) | &nbsp;&nbsp; **17300000** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Agency 150.4%** | **Residential Mortgage-Backed Securities - Agency 150.4%** | **Residential Mortgage-Backed Securities - Agency 150.4%** | **Residential Mortgage-Backed Securities - Agency 150.4%** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Fannie Mae REMICS<sup>(d),(h)</sup>  | Fannie Mae REMICS<sup>(d),(h)</sup>  | Fannie Mae REMICS<sup>(d),(h)</sup>  | Fannie Mae REMICS<sup>(d),(h)</sup>  |
| CMO Series 2017-81 Class SM | CMO Series 2017-81 Class SM | CMO Series 2017-81 Class SM | CMO Series 2017-81 Class SM |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR <br> + 6.086% <br>Cap 6.200% <br>10/25/2047<br>| &nbsp;&nbsp; 1.737% | 22720945 | &nbsp;&nbsp; 2997199 |
| CMO Series 2018-64 Class SE | CMO Series 2018-64 Class SE | CMO Series 2018-64 Class SE | CMO Series 2018-64 Class SE |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR <br> + 6.086% <br>Cap 6.200% <br>09/25/2048<br>| &nbsp;&nbsp; 1.737% | 20479249 | &nbsp;&nbsp; 2730963 |
| CMO Series 2020-22 Class SA | CMO Series 2020-22 Class SA | CMO Series 2020-22 Class SA | CMO Series 2020-22 Class SA |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR <br> + 6.214% <br>Cap 6.100% <br>04/25/2050<br>| &nbsp;&nbsp; 1.637% | 28735813 | &nbsp;&nbsp; 4015905 |
| CMO Series 2023-46 Class SD | CMO Series 2023-46 Class SD | CMO Series 2023-46 Class SD | CMO Series 2023-46 Class SD |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR <br> + 5.886% <br>Cap 6.000% <br>06/25/2050<br>| &nbsp;&nbsp; 1.537% | 57209637 | &nbsp;&nbsp; 6487933 |
| Fannie Mae REMICS<sup>(g),(h)</sup>  | Fannie Mae REMICS<sup>(g),(h)</sup>  | Fannie Mae REMICS<sup>(g),(h)</sup>  | Fannie Mae REMICS<sup>(g),(h)</sup>  |
| CMO Series 2022-90 Class GS | CMO Series 2022-90 Class GS | CMO Series 2022-90 Class GS | CMO Series 2022-90 Class GS |
| 07/25/2050 | &nbsp;&nbsp; 1.632% | 38088766 | &nbsp;&nbsp; 4706126 |
| Fannie Mae REMICS<sup>(d)</sup>  | Fannie Mae REMICS<sup>(d)</sup>  | Fannie Mae REMICS<sup>(d)</sup>  | Fannie Mae REMICS<sup>(d)</sup>  |
| CMO Series 2025-1 Class BF | CMO Series 2025-1 Class BF | CMO Series 2025-1 Class BF | CMO Series 2025-1 Class BF |
| &nbsp;&nbsp; 30-day Average SOFR + <br> 1.400% <br>Floor 1.400%, Cap 6.500% <br>02/25/2055<br>| &nbsp;&nbsp; 5.748% | 19634987 | &nbsp;&nbsp; 19786620 |
| CMO Series 2025-10 Class FB | CMO Series 2025-10 Class FB | CMO Series 2025-10 Class FB | CMO Series 2025-10 Class FB |
| &nbsp;&nbsp; 30-day Average SOFR + <br> 0.850% <br>Floor 0.850%, Cap 6.000% <br>02/25/2055<br>| &nbsp;&nbsp; 5.198% | 10063817 | &nbsp;&nbsp; 9931837 |
| CMO Series 2025-12 Class LF | CMO Series 2025-12 Class LF | CMO Series 2025-12 Class LF | CMO Series 2025-12 Class LF |
| &nbsp;&nbsp; 30-day Average SOFR + <br> 3.950% <br>Cap 8.250% <br>03/25/2055<br>| &nbsp;&nbsp; 8.105% | 22654542 | &nbsp;&nbsp; 23246635 |
| CMO Series 2025-13 Class FA | CMO Series 2025-13 Class FA | CMO Series 2025-13 Class FA | CMO Series 2025-13 Class FA |
| &nbsp;&nbsp; 30-day Average SOFR + <br> 1.300% <br>Floor 1.300%, Cap 6.500% <br>03/25/2055<br>| &nbsp;&nbsp; 5.648% | 14556118 | &nbsp;&nbsp; 14597423 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| CMO Series 2025-16 Class MA | CMO Series 2025-16 Class MA | CMO Series 2025-16 Class MA | CMO Series 2025-16 Class MA |
| &nbsp;&nbsp; 30-day Average SOFR + <br> 3.950% <br>Cap 8.250% <br>01/25/2055<br>| &nbsp;&nbsp; 8.105% | 10215656 | &nbsp;&nbsp; 10392708 |
| Federal Home Loan Mortgage Corp. | Federal Home Loan Mortgage Corp. | Federal Home Loan Mortgage Corp. | Federal Home Loan Mortgage Corp. |
| 11/01/2052 | &nbsp;&nbsp; 4.000% | 22561711 | &nbsp;&nbsp; 21147929 |
| 12/01/2052 | &nbsp;&nbsp; 5.000% | 19447977 | &nbsp;&nbsp; 19621136 |
| 09/01/2053 | &nbsp;&nbsp; 5.500% | 20978224 | &nbsp;&nbsp; 21345855 |
| Federal Home Loan Mortgage Corp.<sup>(d),(h)</sup>  | Federal Home Loan Mortgage Corp.<sup>(d),(h)</sup>  | Federal Home Loan Mortgage Corp.<sup>(d),(h)</sup>  | Federal Home Loan Mortgage Corp.<sup>(d),(h)</sup>  |
| CMO Series 2013-101 Class HS | CMO Series 2013-101 Class HS | CMO Series 2013-101 Class HS | CMO Series 2013-101 Class HS |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR <br> + 6.386% <br>Cap 6.500% <br>10/25/2043<br>| &nbsp;&nbsp; 2.037% | 8718473 | &nbsp;&nbsp; 1164923 |
| CMO Series 3922 Class SH | CMO Series 3922 Class SH | CMO Series 3922 Class SH | CMO Series 3922 Class SH |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR <br> + 5.786% <br>Cap 5.900% <br>09/15/2041<br>| &nbsp;&nbsp; 1.443% | 1789250 | &nbsp;&nbsp; 160536 |
| CMO Series 4097 Class ST | CMO Series 4097 Class ST | CMO Series 4097 Class ST | CMO Series 4097 Class ST |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR <br> + 5.936% <br>Cap 6.050% <br>08/15/2042<br>| &nbsp;&nbsp; 1.593% | 673891 | &nbsp;&nbsp; 88673 |
| CMO Series 4286 Class NS | CMO Series 4286 Class NS | CMO Series 4286 Class NS | CMO Series 4286 Class NS |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR <br> + 5.786% <br>Cap 5.900% <br>12/15/2043<br>| &nbsp;&nbsp; 1.443% | 820213 | &nbsp;&nbsp; 103988 |
| CMO Series 4620 Class AS | CMO Series 4620 Class AS | CMO Series 4620 Class AS | CMO Series 4620 Class AS |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR <br> + 0.554% <br>11/15/2042<br>| &nbsp;&nbsp; 1.906% | 830430 | &nbsp;&nbsp; 83111 |
| CMO Series 4704 Class SK | CMO Series 4704 Class SK | CMO Series 4704 Class SK | CMO Series 4704 Class SK |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR <br> + 6.036% <br>Cap 6.150% <br>07/15/2047<br>| &nbsp;&nbsp; 1.693% | 7105625 | &nbsp;&nbsp; 868434 |
| CMO Series 4826 Class KS | CMO Series 4826 Class KS | CMO Series 4826 Class KS | CMO Series 4826 Class KS |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR <br> + 6.086% <br>Cap 6.200% <br>09/15/2048<br>| &nbsp;&nbsp; 1.743% | 7698308 | &nbsp;&nbsp; 998266 |
| CMO Series 4926 Class ST | CMO Series 4926 Class ST | CMO Series 4926 Class ST | CMO Series 4926 Class ST |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR <br> + 5.966% <br>Cap 6.080% <br>01/15/2040<br>| &nbsp;&nbsp; 1.623% | 5369790 | &nbsp;&nbsp; 370084 |

---

Columbia Mortgage Opportunities Fund \| 2025

------

Portfolio of Investments (continued)

Columbia Mortgage Opportunities Fund, August 31, 2025 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| CMO Series 4987 Class KS | CMO Series 4987 Class KS | CMO Series 4987 Class KS | CMO Series 4987 Class KS |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR <br> + 6.194% <br>Cap 6.080% <br>06/25/2050<br>| &nbsp;&nbsp; 1.617% | 8418485 | &nbsp;&nbsp; 1298290 |
| CMO Series 4993 Class MS | CMO Series 4993 Class MS | CMO Series 4993 Class MS | CMO Series 4993 Class MS |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR <br> + 5.936% <br>Cap 6.050% <br>07/25/2050<br>| &nbsp;&nbsp; 1.587% | 16618666 | &nbsp;&nbsp; 2616798 |
| CMO STRIPS Series 309 Class S4 | CMO STRIPS Series 309 Class S4 | CMO STRIPS Series 309 Class S4 | CMO STRIPS Series 309 Class S4 |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR <br> + 5.856% <br>Cap 5.970% <br>08/15/2043<br>| &nbsp;&nbsp; 1.513% | 1507649 | &nbsp;&nbsp; 168287 |
| Federal Home Loan Mortgage Corp.<sup>(h)</sup>  | Federal Home Loan Mortgage Corp.<sup>(h)</sup>  | Federal Home Loan Mortgage Corp.<sup>(h)</sup>  | Federal Home Loan Mortgage Corp.<sup>(h)</sup>  |
| CMO Series 4215 Class IL | CMO Series 4215 Class IL | CMO Series 4215 Class IL | CMO Series 4215 Class IL |
| 07/15/2041 | &nbsp;&nbsp; 3.500% | 115491 | &nbsp;&nbsp; 2793 |
| CMO Series 5040 Class IH | CMO Series 5040 Class IH | CMO Series 5040 Class IH | CMO Series 5040 Class IH |
| 11/25/2050 | &nbsp;&nbsp; 3.500% | 10025385 | &nbsp;&nbsp; 1673651 |
| CMO Series 5083 Class NI | CMO Series 5083 Class NI | CMO Series 5083 Class NI | CMO Series 5083 Class NI |
| 12/25/2040 | &nbsp;&nbsp; 4.500% | 8329052 | &nbsp;&nbsp; 1482111 |
| CMO STRIPS Series 304 Class C67 | CMO STRIPS Series 304 Class C67 | CMO STRIPS Series 304 Class C67 | CMO STRIPS Series 304 Class C67 |
| 12/15/2042 | &nbsp;&nbsp; 4.500% | 1221355 | &nbsp;&nbsp; 171168 |
| Federal Home Loan Mortgage Corp. REMICS<sup>(d),(h)</sup>  | Federal Home Loan Mortgage Corp. REMICS<sup>(d),(h)</sup>  | Federal Home Loan Mortgage Corp. REMICS<sup>(d),(h)</sup>  | Federal Home Loan Mortgage Corp. REMICS<sup>(d),(h)</sup>  |
| CMO Series 4606 Class SL | CMO Series 4606 Class SL | CMO Series 4606 Class SL | CMO Series 4606 Class SL |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR <br> + 5.886% <br>Cap 6.000% <br>12/15/2044<br>| &nbsp;&nbsp; 1.543% | 36362973 | &nbsp;&nbsp; 3946066 |
| CMO Series 5119 Class QS | CMO Series 5119 Class QS | CMO Series 5119 Class QS | CMO Series 5119 Class QS |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR <br> + 6.300% <br>Cap 6.300% <br>06/25/2051<br>| &nbsp;&nbsp; 1.952% | 33937359 | &nbsp;&nbsp; 5152984 |
| CMO Series 5138 Class SA | CMO Series 5138 Class SA | CMO Series 5138 Class SA | CMO Series 5138 Class SA |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR <br> + 5.986% <br>Cap 6.100% <br>09/25/2047<br>| &nbsp;&nbsp; 1.637% | 24878320 | &nbsp;&nbsp; 3276617 |
| Federal Home Loan Mortgage Corp. REMICS<sup>(h)</sup>  | Federal Home Loan Mortgage Corp. REMICS<sup>(h)</sup>  | Federal Home Loan Mortgage Corp. REMICS<sup>(h)</sup>  | Federal Home Loan Mortgage Corp. REMICS<sup>(h)</sup>  |
| CMO Series 5105 Class ID | CMO Series 5105 Class ID | CMO Series 5105 Class ID | CMO Series 5105 Class ID |
| 05/25/2051 | &nbsp;&nbsp; 3.000% | 34168354 | &nbsp;&nbsp; 5631779 |
| CMO Series 5105 Class JI | CMO Series 5105 Class JI | CMO Series 5105 Class JI | CMO Series 5105 Class JI |
| 03/25/2045 | &nbsp;&nbsp; 3.000% | 20859707 | &nbsp;&nbsp; 1881099 |
| CMO Series 5183 Class IO | CMO Series 5183 Class IO | CMO Series 5183 Class IO | CMO Series 5183 Class IO |
| 01/25/2052 | &nbsp;&nbsp; 3.000% | 34240835 | &nbsp;&nbsp; 5732851 |
| Federal National Mortgage Association | Federal National Mortgage Association | Federal National Mortgage Association | Federal National Mortgage Association |
| &nbsp;&nbsp; 10/01/2051- <br>08/01/2052<br>| &nbsp;&nbsp; 4.000% | 62935107 | &nbsp;&nbsp; 59634746 |
| 09/01/2052 | &nbsp;&nbsp; 5.000% | 17113311 | &nbsp;&nbsp; 17049686 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Federal National Mortgage Association<sup>(d),(h)</sup>  | Federal National Mortgage Association<sup>(d),(h)</sup>  | Federal National Mortgage Association<sup>(d),(h)</sup>  | Federal National Mortgage Association<sup>(d),(h)</sup>  |
| CMO Series 2013-101 Class CS | CMO Series 2013-101 Class CS | CMO Series 2013-101 Class CS | CMO Series 2013-101 Class CS |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR <br> + 5.786% <br>Cap 5.900% <br>10/25/2043<br>| &nbsp;&nbsp; 1.437% | 1703830 | &nbsp;&nbsp; 189271 |
| CMO Series 2014-93 Class ES | CMO Series 2014-93 Class ES | CMO Series 2014-93 Class ES | CMO Series 2014-93 Class ES |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR <br> + 6.036% <br>Cap 6.150% <br>01/25/2045<br>| &nbsp;&nbsp; 1.687% | 945795 | &nbsp;&nbsp; 120527 |
| CMO Series 2015-27 Class AS | CMO Series 2015-27 Class AS | CMO Series 2015-27 Class AS | CMO Series 2015-27 Class AS |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR <br> + 5.536% <br>Cap 5.650% <br>05/25/2045<br>| &nbsp;&nbsp; 1.187% | 7464847 | &nbsp;&nbsp; 689742 |
| CMO Series 2016-31 Class VS | CMO Series 2016-31 Class VS | CMO Series 2016-31 Class VS | CMO Series 2016-31 Class VS |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR <br> + 5.886% <br>Cap 6.000% <br>06/25/2046<br>| &nbsp;&nbsp; 1.537% | 1024849 | &nbsp;&nbsp; 128873 |
| CMO Series 2017-50 Class SB | CMO Series 2017-50 Class SB | CMO Series 2017-50 Class SB | CMO Series 2017-50 Class SB |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR <br> + 5.986% <br>Cap 6.100% <br>07/25/2047<br>| &nbsp;&nbsp; 1.637% | 6315598 | &nbsp;&nbsp; 751185 |
| CMO Series 2017-72 Class S | CMO Series 2017-72 Class S | CMO Series 2017-72 Class S | CMO Series 2017-72 Class S |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR <br> + 3.836% <br>Cap 2.750% <br>09/25/2047<br>| &nbsp;&nbsp; 0.000% | 16493630 | &nbsp;&nbsp; 679096 |
| CMO Series 2017-90 Class SP | CMO Series 2017-90 Class SP | CMO Series 2017-90 Class SP | CMO Series 2017-90 Class SP |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR <br> + 6.036% <br>Cap 6.150% <br>11/25/2047<br>| &nbsp;&nbsp; 1.687% | 6346077 | &nbsp;&nbsp; 822388 |
| CMO Series 2020-38 Class SE | CMO Series 2020-38 Class SE | CMO Series 2020-38 Class SE | CMO Series 2020-38 Class SE |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR <br> + 5.936% <br>Cap 6.050% <br>06/25/2050<br>| &nbsp;&nbsp; 1.587% | 4638522 | &nbsp;&nbsp; 591814 |
| CMO Series 2020-38 Class WS | CMO Series 2020-38 Class WS | CMO Series 2020-38 Class WS | CMO Series 2020-38 Class WS |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR <br> + 4.886% <br>Cap 5.000% <br>06/25/2050<br>| &nbsp;&nbsp; 0.537% | 19408684 | &nbsp;&nbsp; 1687329 |
| Federal National Mortgage Association<sup>(h)</sup>  | Federal National Mortgage Association<sup>(h)</sup>  | Federal National Mortgage Association<sup>(h)</sup>  | Federal National Mortgage Association<sup>(h)</sup>  |
| CMO Series 2021-3 Class TI | CMO Series 2021-3 Class TI | CMO Series 2021-3 Class TI | CMO Series 2021-3 Class TI |
| 02/25/2051 | &nbsp;&nbsp; 2.500% | 42856229 | &nbsp;&nbsp; 7332161 |

---

Columbia Mortgage Opportunities Fund \| 2025

------

Portfolio of Investments (continued)

Columbia Mortgage Opportunities Fund, August 31, 2025 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Federal National Mortgage Association REMICS<sup>(d),(h)</sup>  | Federal National Mortgage Association REMICS<sup>(d),(h)</sup>  | Federal National Mortgage Association REMICS<sup>(d),(h)</sup>  | Federal National Mortgage Association REMICS<sup>(d),(h)</sup>  |
| CMO Series 2018-3 Class SB | CMO Series 2018-3 Class SB | CMO Series 2018-3 Class SB | CMO Series 2018-3 Class SB |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR <br> + 6.036% <br>Cap 6.150% <br>02/25/2048<br>| &nbsp;&nbsp; 1.687% | 20067727 | &nbsp;&nbsp; 2691199 |
| CMO Series 2019-5 Class SA | CMO Series 2019-5 Class SA | CMO Series 2019-5 Class SA | CMO Series 2019-5 Class SA |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR <br> + 5.986% <br>Cap 6.100% <br>03/25/2049<br>| &nbsp;&nbsp; 1.637% | 28996042 | &nbsp;&nbsp; 3233966 |
| CMO Series 2020-34 Class S | CMO Series 2020-34 Class S | CMO Series 2020-34 Class S | CMO Series 2020-34 Class S |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR <br> + 5.936% <br>Cap 6.050% <br>06/25/2050<br>| &nbsp;&nbsp; 1.587% | 29155252 | &nbsp;&nbsp; 3996934 |
| CMO Series 2020-54 Class AS | CMO Series 2020-54 Class AS | CMO Series 2020-54 Class AS | CMO Series 2020-54 Class AS |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR <br> + 6.036% <br>Cap 6.150% <br>08/25/2050<br>| &nbsp;&nbsp; 1.687% | 20261458 | &nbsp;&nbsp; 2635076 |
| CMO Series 2024-74 Class SD | CMO Series 2024-74 Class SD | CMO Series 2024-74 Class SD | CMO Series 2024-74 Class SD |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR <br> + 6.600% <br>Cap 6.600% <br>10/25/2054<br>| &nbsp;&nbsp; 2.252% | 28030409 | &nbsp;&nbsp; 3771138 |
| Freddie Mac REMICS<sup>(d),(h)</sup>  | Freddie Mac REMICS<sup>(d),(h)</sup>  | Freddie Mac REMICS<sup>(d),(h)</sup>  | Freddie Mac REMICS<sup>(d),(h)</sup>  |
| CMO Series 4979 Class YS | CMO Series 4979 Class YS | CMO Series 4979 Class YS | CMO Series 4979 Class YS |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR <br> + 5.936% <br>Cap 6.050% <br>06/25/2050<br>| &nbsp;&nbsp; 1.587% | 19336864 | &nbsp;&nbsp; 2536979 |
| CMO Series 5541 Class SK | CMO Series 5541 Class SK | CMO Series 5541 Class SK | CMO Series 5541 Class SK |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR <br> + 5.700% <br>Cap 5.700% <br>05/25/2055<br>| &nbsp;&nbsp; 1.352% | 55700593 | &nbsp;&nbsp; 5393043 |
| CMO Series 5544 Class SC | CMO Series 5544 Class SC | CMO Series 5544 Class SC | CMO Series 5544 Class SC |
| &nbsp;&nbsp; 30-day Average SOFR + <br> 7.000% <br>Cap 7.000% <br>06/25/2055<br>| &nbsp;&nbsp; 2.652% | 22108432 | &nbsp;&nbsp; 3159518 |
| CMO Series 5547 Class SE | CMO Series 5547 Class SE | CMO Series 5547 Class SE | CMO Series 5547 Class SE |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR <br> + 5.100% <br>Cap 5.100% <br>06/25/2055<br>| &nbsp;&nbsp; 0.752% | 33757925 | &nbsp;&nbsp; 2115174 |
| Freddie Mac REMICS<sup>(d)</sup>  | Freddie Mac REMICS<sup>(d)</sup>  | Freddie Mac REMICS<sup>(d)</sup>  | Freddie Mac REMICS<sup>(d)</sup>  |
| CMO Series 5480 Class FA | CMO Series 5480 Class FA | CMO Series 5480 Class FA | CMO Series 5480 Class FA |
| &nbsp;&nbsp; 30-day Average SOFR + <br> 1.450% <br>Floor 1.450%, Cap 6.500% <br>03/25/2054<br>| &nbsp;&nbsp; 5.798% | 32556154 | &nbsp;&nbsp; 32858240 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| CMO Series 5513 Class MQ | CMO Series 5513 Class MQ | CMO Series 5513 Class MQ | CMO Series 5513 Class MQ |
| &nbsp;&nbsp; 30-day Average SOFR + <br> 3.950% <br>Cap 8.250% <br>06/25/2054<br>| &nbsp;&nbsp; 8.105% | 18485701 | &nbsp;&nbsp; 19020089 |
| CMO Series 5513 Class MU | CMO Series 5513 Class MU | CMO Series 5513 Class MU | CMO Series 5513 Class MU |
| &nbsp;&nbsp; 30-day Average SOFR + <br> 3.950% <br>Cap 8.250% <br>11/25/2054<br>| &nbsp;&nbsp; 8.105% | 32243418 | &nbsp;&nbsp; 33273489 |
| CMO Series 5518 Class FC | CMO Series 5518 Class FC | CMO Series 5518 Class FC | CMO Series 5518 Class FC |
| &nbsp;&nbsp; 30-day Average SOFR + <br> 1.320% <br>Floor 1.320%, Cap 6.500% <br>03/25/2055<br>| &nbsp;&nbsp; 5.668% | 13653923 | &nbsp;&nbsp; 13685779 |
| CMO Series 5532 Class MB | CMO Series 5532 Class MB | CMO Series 5532 Class MB | CMO Series 5532 Class MB |
| &nbsp;&nbsp; 30-day Average SOFR + <br> 3.950% <br>Cap 8.250% <br>04/25/2055<br>| &nbsp;&nbsp; 8.105% | 18610866 | &nbsp;&nbsp; 19051391 |
| CMO Series 5534 Class FD | CMO Series 5534 Class FD | CMO Series 5534 Class FD | CMO Series 5534 Class FD |
| &nbsp;&nbsp; 30-day Average SOFR + <br> 1.250% <br>Floor 1.250%, Cap 6.500% <br>05/25/2055<br>| &nbsp;&nbsp; 5.598% | 14325234 | &nbsp;&nbsp; 14310197 |
| CMO Series 5542 Class F | CMO Series 5542 Class F | CMO Series 5542 Class F | CMO Series 5542 Class F |
| &nbsp;&nbsp; 30-day Average SOFR + <br> 4.300% <br>05/25/2055<br>| &nbsp;&nbsp; 8.255% | 12415203 | &nbsp;&nbsp; 12659425 |
| CMO Series 5548 Class F | CMO Series 5548 Class F | CMO Series 5548 Class F | CMO Series 5548 Class F |
| &nbsp;&nbsp; 30-day Average SOFR + <br> 4.600% <br>Cap 8.700% <br>06/25/2055<br>| &nbsp;&nbsp; 7.955% | 19832162 | &nbsp;&nbsp; 19729822 |
| CMO Series 5563 Class FT | CMO Series 5563 Class FT | CMO Series 5563 Class FT | CMO Series 5563 Class FT |
| &nbsp;&nbsp; 30-day Average SOFR + <br> 1.350% <br>Floor 1.350%, Cap 6.500% <br>08/25/2055<br>| &nbsp;&nbsp; 5.698% | 25529388 | &nbsp;&nbsp; 25595851 |
| Government National Mortgage Association<sup>(d),(h)</sup>  | Government National Mortgage Association<sup>(d),(h)</sup>  | Government National Mortgage Association<sup>(d),(h)</sup>  | Government National Mortgage Association<sup>(d),(h)</sup>  |
| CMO Series 2010-9 Class XD | CMO Series 2010-9 Class XD | CMO Series 2010-9 Class XD | CMO Series 2010-9 Class XD |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 6.486% <br>Cap 6.600% <br>01/16/2040<br>| &nbsp;&nbsp; 2.126% | 26550544 | &nbsp;&nbsp; 3233293 |
| CMO Series 2014-6 Class SJ | CMO Series 2014-6 Class SJ | CMO Series 2014-6 Class SJ | CMO Series 2014-6 Class SJ |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 5.986% <br>Cap 6.100% <br>01/20/2044<br>| &nbsp;&nbsp; 1.645% | 7778042 | &nbsp;&nbsp; 870863 |

---

Columbia Mortgage Opportunities Fund \| 2025

------

Portfolio of Investments (continued)

Columbia Mortgage Opportunities Fund, August 31, 2025 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| CMO Series 2017-163 Class SD | CMO Series 2017-163 Class SD | CMO Series 2017-163 Class SD | CMO Series 2017-163 Class SD |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 6.086% <br>Cap 6.200% <br>11/20/2047<br>| &nbsp;&nbsp; 1.745% | 7770277 | &nbsp;&nbsp; 1254285 |
| CMO Series 2018-124 Class SG | CMO Series 2018-124 Class SG | CMO Series 2018-124 Class SG | CMO Series 2018-124 Class SG |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 6.086% <br>Cap 6.200% <br>09/20/2048<br>| &nbsp;&nbsp; 1.745% | 7756732 | &nbsp;&nbsp; 1012077 |
| CMO Series 2018-155 Class LS | CMO Series 2018-155 Class LS | CMO Series 2018-155 Class LS | CMO Series 2018-155 Class LS |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 6.036% <br>Cap 6.150% <br>11/20/2048<br>| &nbsp;&nbsp; 1.695% | 6588338 | &nbsp;&nbsp; 760857 |
| CMO Series 2018-40 Class SC | CMO Series 2018-40 Class SC | CMO Series 2018-40 Class SC | CMO Series 2018-40 Class SC |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 6.086% <br>Cap 6.200% <br>03/20/2048<br>| &nbsp;&nbsp; 1.745% | 5130326 | &nbsp;&nbsp; 644873 |
| CMO Series 2018-63 Class HS | CMO Series 2018-63 Class HS | CMO Series 2018-63 Class HS | CMO Series 2018-63 Class HS |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 6.086% <br>Cap 6.200% <br>04/20/2048<br>| &nbsp;&nbsp; 1.745% | 6853656 | &nbsp;&nbsp; 866298 |
| CMO Series 2018-63 Class SH | CMO Series 2018-63 Class SH | CMO Series 2018-63 Class SH | CMO Series 2018-63 Class SH |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 6.086% <br>Cap 6.200% <br>04/20/2048<br>| &nbsp;&nbsp; 1.745% | 6314290 | &nbsp;&nbsp; 731310 |
| CMO Series 2018-78 Class SB | CMO Series 2018-78 Class SB | CMO Series 2018-78 Class SB | CMO Series 2018-78 Class SB |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 6.086% <br>Cap 6.200% <br>06/20/2048<br>| &nbsp;&nbsp; 1.745% | 5788209 | &nbsp;&nbsp; 814002 |
| CMO Series 2018-94 Class SA | CMO Series 2018-94 Class SA | CMO Series 2018-94 Class SA | CMO Series 2018-94 Class SA |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 6.086% <br>Cap 6.200% <br>05/20/2048<br>| &nbsp;&nbsp; 1.745% | 5373855 | &nbsp;&nbsp; 788133 |
| CMO Series 2019-103 Class SA | CMO Series 2019-103 Class SA | CMO Series 2019-103 Class SA | CMO Series 2019-103 Class SA |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 5.936% <br>Cap 6.050% <br>08/20/2049<br>| &nbsp;&nbsp; 1.595% | 12247030 | &nbsp;&nbsp; 1770552 |
| CMO Series 2019-128 Class YS | CMO Series 2019-128 Class YS | CMO Series 2019-128 Class YS | CMO Series 2019-128 Class YS |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 2.736% <br>Cap 2.850% <br>10/20/2049<br>| &nbsp;&nbsp; 0.000% | 32925908 | &nbsp;&nbsp; 133538 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| CMO Series 2019-21 Class QS | CMO Series 2019-21 Class QS | CMO Series 2019-21 Class QS | CMO Series 2019-21 Class QS |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 5.986% <br>Cap 6.100% <br>10/20/2046<br>| &nbsp;&nbsp; 1.645% | 26252921 | &nbsp;&nbsp; 3301633 |
| CMO Series 2019-43 Class NS | CMO Series 2019-43 Class NS | CMO Series 2019-43 Class NS | CMO Series 2019-43 Class NS |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 3.156% <br>Cap 3.270% <br>04/20/2049<br>| &nbsp;&nbsp; 0.000% | 12677122 | &nbsp;&nbsp; 201529 |
| CMO Series 2020-104 Class SA | CMO Series 2020-104 Class SA | CMO Series 2020-104 Class SA | CMO Series 2020-104 Class SA |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 6.086% <br>Cap 6.200% <br>07/20/2050<br>| &nbsp;&nbsp; 1.745% | 8646907 | &nbsp;&nbsp; 1135173 |
| CMO Series 2020-133 Class DS | CMO Series 2020-133 Class DS | CMO Series 2020-133 Class DS | CMO Series 2020-133 Class DS |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 6.186% <br>Cap 6.300% <br>09/20/2050<br>| &nbsp;&nbsp; 1.845% | 54363238 | &nbsp;&nbsp; 7684891 |
| CMO Series 2020-148 Class SA | CMO Series 2020-148 Class SA | CMO Series 2020-148 Class SA | CMO Series 2020-148 Class SA |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 6.186% <br>Cap 6.300% <br>10/20/2050<br>| &nbsp;&nbsp; 1.845% | 17807057 | &nbsp;&nbsp; 2565705 |
| CMO Series 2020-160 Class AS | CMO Series 2020-160 Class AS | CMO Series 2020-160 Class AS | CMO Series 2020-160 Class AS |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 6.186% <br>Cap 6.300% <br>10/20/2050<br>| &nbsp;&nbsp; 1.845% | 29401170 | &nbsp;&nbsp; 4422692 |
| CMO Series 2020-175 Class NS | CMO Series 2020-175 Class NS | CMO Series 2020-175 Class NS | CMO Series 2020-175 Class NS |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 6.186% <br>Cap 6.300% <br>11/20/2050<br>| &nbsp;&nbsp; 1.845% | 20346621 | &nbsp;&nbsp; 3016201 |
| CMO Series 2020-187 Class SE | CMO Series 2020-187 Class SE | CMO Series 2020-187 Class SE | CMO Series 2020-187 Class SE |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 6.186% <br>Cap 6.300% <br>12/20/2050<br>| &nbsp;&nbsp; 1.845% | 16084435 | &nbsp;&nbsp; 2385571 |
| CMO Series 2020-31 Class ES | CMO Series 2020-31 Class ES | CMO Series 2020-31 Class ES | CMO Series 2020-31 Class ES |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 5.936% <br>Cap 6.050% <br>03/20/2050<br>| &nbsp;&nbsp; 1.595% | 16409720 | &nbsp;&nbsp; 1849822 |
| CMO Series 2020-34 Class SA | CMO Series 2020-34 Class SA | CMO Series 2020-34 Class SA | CMO Series 2020-34 Class SA |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 5.936% <br>Cap 6.050% <br>03/20/2050<br>| &nbsp;&nbsp; 1.595% | 19069337 | &nbsp;&nbsp; 2699280 |

---

Columbia Mortgage Opportunities Fund \| 2025

------

Portfolio of Investments (continued)

Columbia Mortgage Opportunities Fund, August 31, 2025 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| CMO Series 2020-62 Class SK | CMO Series 2020-62 Class SK | CMO Series 2020-62 Class SK | CMO Series 2020-62 Class SK |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 6.036% <br>Cap 6.150% <br>05/20/2050<br>| &nbsp;&nbsp; 1.695% | 8300391 | &nbsp;&nbsp; 1074532 |
| CMO Series 2020-67 Class KS | CMO Series 2020-67 Class KS | CMO Series 2020-67 Class KS | CMO Series 2020-67 Class KS |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 5.836% <br>Cap 5.950% <br>05/20/2050<br>| &nbsp;&nbsp; 1.495% | 16652122 | &nbsp;&nbsp; 2106960 |
| CMO Series 2020-78 Class SD | CMO Series 2020-78 Class SD | CMO Series 2020-78 Class SD | CMO Series 2020-78 Class SD |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 6.036% <br>Cap 6.150% <br>06/20/2050<br>| &nbsp;&nbsp; 1.695% | 21453127 | &nbsp;&nbsp; 2807167 |
| CMO Series 2021-117 Class ES | CMO Series 2021-117 Class ES | CMO Series 2021-117 Class ES | CMO Series 2021-117 Class ES |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 6.186% <br>Cap 6.300% <br>07/20/2051<br>| &nbsp;&nbsp; 1.845% | 28638034 | &nbsp;&nbsp; 4052471 |
| CMO Series 2021-117 Class HS | CMO Series 2021-117 Class HS | CMO Series 2021-117 Class HS | CMO Series 2021-117 Class HS |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 6.186% <br>Cap 6.300% <br>07/20/2051<br>| &nbsp;&nbsp; 1.845% | 23111467 | &nbsp;&nbsp; 3278050 |
| CMO Series 2021-119 Class SC | CMO Series 2021-119 Class SC | CMO Series 2021-119 Class SC | CMO Series 2021-119 Class SC |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 6.186% <br>Cap 6.300% <br>07/20/2051<br>| &nbsp;&nbsp; 1.845% | 24677298 | &nbsp;&nbsp; 3511333 |
| CMO Series 2021-122 Class SB | CMO Series 2021-122 Class SB | CMO Series 2021-122 Class SB | CMO Series 2021-122 Class SB |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 2.486% <br>Cap 2.600% <br>07/20/2051<br>| &nbsp;&nbsp; 0.000% | 52262637 | &nbsp;&nbsp; 273062 |
| CMO Series 2021-122 Class SG | CMO Series 2021-122 Class SG | CMO Series 2021-122 Class SG | CMO Series 2021-122 Class SG |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 6.186% <br>Cap 6.300% <br>07/20/2051<br>| &nbsp;&nbsp; 1.845% | 53292192 | &nbsp;&nbsp; 7575688 |
| CMO Series 2021-142 Class SL | CMO Series 2021-142 Class SL | CMO Series 2021-142 Class SL | CMO Series 2021-142 Class SL |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 6.186% <br>Cap 6.300% <br>08/20/2051<br>| &nbsp;&nbsp; 1.845% | 56533956 | &nbsp;&nbsp; 8223678 |
| CMO Series 2021-155 Class SM | CMO Series 2021-155 Class SM | CMO Series 2021-155 Class SM | CMO Series 2021-155 Class SM |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 6.186% <br>Cap 6.300% <br>07/20/2051<br>| &nbsp;&nbsp; 1.845% | 28401778 | &nbsp;&nbsp; 3935251 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| CMO Series 2021-156 Class SA | CMO Series 2021-156 Class SA | CMO Series 2021-156 Class SA | CMO Series 2021-156 Class SA |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 6.186% <br>Cap 6.300% <br>09/20/2051<br>| &nbsp;&nbsp; 1.845% | 41488262 | &nbsp;&nbsp; 5748630 |
| CMO Series 2021-160 Class S | CMO Series 2021-160 Class S | CMO Series 2021-160 Class S | CMO Series 2021-160 Class S |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR <br> + 2.650% <br>Cap 2.650% <br>09/20/2051<br>| &nbsp;&nbsp; 0.000% | 72159462 | &nbsp;&nbsp; 420329 |
| CMO Series 2021-161 Class SL | CMO Series 2021-161 Class SL | CMO Series 2021-161 Class SL | CMO Series 2021-161 Class SL |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 6.186% <br>Cap 6.300% <br>09/20/2051<br>| &nbsp;&nbsp; 1.845% | 34834955 | &nbsp;&nbsp; 5064153 |
| CMO Series 2021-193 Class ES | CMO Series 2021-193 Class ES | CMO Series 2021-193 Class ES | CMO Series 2021-193 Class ES |
| &nbsp;&nbsp; 30-day Average SOFR + <br> 1.700% <br>11/20/2051<br>| &nbsp;&nbsp; 0.000% | 245832099 | &nbsp;&nbsp; 763677 |
| CMO Series 2021-42 Class SD | CMO Series 2021-42 Class SD | CMO Series 2021-42 Class SD | CMO Series 2021-42 Class SD |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 6.186% <br>Cap 6.300% <br>11/20/2050<br>| &nbsp;&nbsp; 1.845% | 34944702 | &nbsp;&nbsp; 4906296 |
| CMO Series 2021-42 Class SG | CMO Series 2021-42 Class SG | CMO Series 2021-42 Class SG | CMO Series 2021-42 Class SG |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 6.186% <br>Cap 6.300% <br>03/20/2051<br>| &nbsp;&nbsp; 1.845% | 29693151 | &nbsp;&nbsp; 4219738 |
| CMO Series 2021-96 Class US | CMO Series 2021-96 Class US | CMO Series 2021-96 Class US | CMO Series 2021-96 Class US |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR <br> + 3.250% <br>Cap 3.250% <br>06/20/2051<br>| &nbsp;&nbsp; 0.000% | 40693054 | &nbsp;&nbsp; 715180 |
| CMO Series 2021-97 Class CS | CMO Series 2021-97 Class CS | CMO Series 2021-97 Class CS | CMO Series 2021-97 Class CS |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 6.186% <br>Cap 6.300% <br>06/20/2051<br>| &nbsp;&nbsp; 1.845% | 40118871 | &nbsp;&nbsp; 5670931 |
| CMO Series 2022-161 Class SQ | CMO Series 2022-161 Class SQ | CMO Series 2022-161 Class SQ | CMO Series 2022-161 Class SQ |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR <br> + 5.350% <br>Cap 5.350% <br>09/20/2052<br>| &nbsp;&nbsp; 1.005% | 38341797 | &nbsp;&nbsp; 2686847 |
| CMO Series 2022-168 Class ST | CMO Series 2022-168 Class ST | CMO Series 2022-168 Class ST | CMO Series 2022-168 Class ST |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR <br> + 6.000% <br>Cap 6.000% <br>09/20/2052<br>| &nbsp;&nbsp; 1.655% | 53436926 | &nbsp;&nbsp; 5307072 |

---

Columbia Mortgage Opportunities Fund \| 2025

------

Portfolio of Investments (continued)

Columbia Mortgage Opportunities Fund, August 31, 2025 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| CMO Series 2022-46 Class SE | CMO Series 2022-46 Class SE | CMO Series 2022-46 Class SE | CMO Series 2022-46 Class SE |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR <br> + 3.450% <br>Cap 3.450% <br>03/20/2052<br>| &nbsp;&nbsp; 0.000% | 22677872 | &nbsp;&nbsp; 384912 |
| CMO Series 2022-83 Class AS | CMO Series 2022-83 Class AS | CMO Series 2022-83 Class AS | CMO Series 2022-83 Class AS |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 6.036% <br>Cap 6.150% <br>06/20/2050<br>| &nbsp;&nbsp; 1.695% | 21634001 | &nbsp;&nbsp; 2849637 |
| CMO Series 2022-90 Class SJ | CMO Series 2022-90 Class SJ | CMO Series 2022-90 Class SJ | CMO Series 2022-90 Class SJ |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 5.936% <br>Cap 6.050% <br>01/20/2050<br>| &nbsp;&nbsp; 1.595% | 30354360 | &nbsp;&nbsp; 3433770 |
| CMO Series 2023-101 Class CS | CMO Series 2023-101 Class CS | CMO Series 2023-101 Class CS | CMO Series 2023-101 Class CS |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR <br> + 6.000% <br>Cap 6.000% <br>07/20/2053<br>| &nbsp;&nbsp; 1.655% | 75869803 | &nbsp;&nbsp; 5332016 |
| CMO Series 2023-113 Class CS | CMO Series 2023-113 Class CS | CMO Series 2023-113 Class CS | CMO Series 2023-113 Class CS |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR <br> + 5.730% <br>Cap 5.730% <br>08/20/2053<br>| &nbsp;&nbsp; 1.385% | 14349892 | &nbsp;&nbsp; 1042788 |
| CMO Series 2023-113 Class HS | CMO Series 2023-113 Class HS | CMO Series 2023-113 Class HS | CMO Series 2023-113 Class HS |
| &nbsp;&nbsp; 1-month Term SOFR + <br> 5.936% <br>Cap 6.050% <br>09/20/2049<br>| &nbsp;&nbsp; 1.595% | 48880114 | &nbsp;&nbsp; 5845544 |
| CMO Series 2023-115 Class SM | CMO Series 2023-115 Class SM | CMO Series 2023-115 Class SM | CMO Series 2023-115 Class SM |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR <br> + 5.900% <br>Cap 5.900% <br>08/20/2053<br>| &nbsp;&nbsp; 1.555% | 42247007 | &nbsp;&nbsp; 2610329 |
| CMO Series 2023-141 Class SQ | CMO Series 2023-141 Class SQ | CMO Series 2023-141 Class SQ | CMO Series 2023-141 Class SQ |
| &nbsp;&nbsp; -1.0 x 1-month Term SOFR + <br> 5.936% <br>Cap 6.050% <br>12/20/2049<br>| &nbsp;&nbsp; 1.595% | 32015540 | &nbsp;&nbsp; 3558306 |
| CMO Series 2023-173 Class SB | CMO Series 2023-173 Class SB | CMO Series 2023-173 Class SB | CMO Series 2023-173 Class SB |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR <br> + 5.650% <br>Cap 5.650% <br>11/20/2053<br>| &nbsp;&nbsp; 1.305% | 62902629 | &nbsp;&nbsp; 4791721 |
| CMO Series 2023-47 Class AS | CMO Series 2023-47 Class AS | CMO Series 2023-47 Class AS | CMO Series 2023-47 Class AS |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR <br> + 6.350% <br>Cap 6.350% <br>03/20/2053<br>| &nbsp;&nbsp; 2.005% | 24879592 | &nbsp;&nbsp; 2242368 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| CMO Series 2023-66 Class BS | CMO Series 2023-66 Class BS | CMO Series 2023-66 Class BS | CMO Series 2023-66 Class BS |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR <br> + 6.150% <br>Cap 6.150% <br>05/20/2053<br>| &nbsp;&nbsp; 1.805% | 21773605 | &nbsp;&nbsp; 2072114 |
| CMO Series 2023-66 Class SQ | CMO Series 2023-66 Class SQ | CMO Series 2023-66 Class SQ | CMO Series 2023-66 Class SQ |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR <br> + 5.400% <br>Cap 5.400% <br>05/20/2053<br>| &nbsp;&nbsp; 1.055% | 56455223 | &nbsp;&nbsp; 2715242 |
| CMO Series 2024-197 Class SV | CMO Series 2024-197 Class SV | CMO Series 2024-197 Class SV | CMO Series 2024-197 Class SV |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR <br> + 6.050% <br>Cap 6.050% <br>12/20/2054<br>| &nbsp;&nbsp; 1.705% | 19756607 | &nbsp;&nbsp; 2396081 |
| CMO Series 2024-51 Class US | CMO Series 2024-51 Class US | CMO Series 2024-51 Class US | CMO Series 2024-51 Class US |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR <br> + 5.400% <br>Cap 5.400% <br>03/20/2054<br>| &nbsp;&nbsp; 1.055% | 34258711 | &nbsp;&nbsp; 2111508 |
| CMO Series 2024-64 Class DS | CMO Series 2024-64 Class DS | CMO Series 2024-64 Class DS | CMO Series 2024-64 Class DS |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR <br> + 5.400% <br>Cap 5.400% <br>04/20/2054<br>| &nbsp;&nbsp; 1.055% | 46626807 | &nbsp;&nbsp; 2796289 |
| CMO Series 2024-64 Class SY | CMO Series 2024-64 Class SY | CMO Series 2024-64 Class SY | CMO Series 2024-64 Class SY |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR <br> + 5.900% <br>Cap 5.900% <br>04/20/2054<br>| &nbsp;&nbsp; 1.552% | 48323076 | &nbsp;&nbsp; 5317718 |
| CMO Series 2024-79 Class SH | CMO Series 2024-79 Class SH | CMO Series 2024-79 Class SH | CMO Series 2024-79 Class SH |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR <br> + 7.250% <br>Cap 7.250% <br>05/20/2054<br>| &nbsp;&nbsp; 2.905% | 21758388 | &nbsp;&nbsp; 3351307 |
| CMO Series 2024-97 Class KS | CMO Series 2024-97 Class KS | CMO Series 2024-97 Class KS | CMO Series 2024-97 Class KS |
| &nbsp;&nbsp; -1.0 x 30-day Average SOFR <br> + 7.300% <br>Cap 7.300% <br>06/20/2054<br>| &nbsp;&nbsp; 2.955% | 28036271 | &nbsp;&nbsp; 4307260 |
| Government National Mortgage Association<sup>(h)</sup>  | Government National Mortgage Association<sup>(h)</sup>  | Government National Mortgage Association<sup>(h)</sup>  | Government National Mortgage Association<sup>(h)</sup>  |
| CMO Series 2014-184 Class CI | CMO Series 2014-184 Class CI | CMO Series 2014-184 Class CI | CMO Series 2014-184 Class CI |
| 11/16/2041 | &nbsp;&nbsp; 3.500% | 3885740 | &nbsp;&nbsp; 386637 |
| CMO Series 2018-78 Class GI | CMO Series 2018-78 Class GI | CMO Series 2018-78 Class GI | CMO Series 2018-78 Class GI |
| 04/20/2048 | &nbsp;&nbsp; 4.000% | 5016309 | &nbsp;&nbsp; 854106 |
| CMO Series 2020-160 Class DI | CMO Series 2020-160 Class DI | CMO Series 2020-160 Class DI | CMO Series 2020-160 Class DI |
| 10/20/2050 | &nbsp;&nbsp; 2.500% | 16054047 | &nbsp;&nbsp; 2333454 |
| CMO Series 2020-160 Class HI | CMO Series 2020-160 Class HI | CMO Series 2020-160 Class HI | CMO Series 2020-160 Class HI |
| 10/20/2050 | &nbsp;&nbsp; 2.500% | 12847823 | &nbsp;&nbsp; 1883127 |
| CMO Series 2020-160 Class ID | CMO Series 2020-160 Class ID | CMO Series 2020-160 Class ID | CMO Series 2020-160 Class ID |
| 10/20/2050 | &nbsp;&nbsp; 2.500% | 11559926 | &nbsp;&nbsp; 1680766 |

---

Columbia Mortgage Opportunities Fund \| 2025

------

Portfolio of Investments (continued)

Columbia Mortgage Opportunities Fund, August 31, 2025 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** | **Residential Mortgage-Backed Securities - Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| CMO Series 2020-162 Class EI | CMO Series 2020-162 Class EI | CMO Series 2020-162 Class EI | CMO Series 2020-162 Class EI |
| 10/20/2050 | &nbsp;&nbsp; 2.500% | 12153237 | &nbsp;&nbsp; 1776885 |
| CMO Series 2020-164 Class CI | CMO Series 2020-164 Class CI | CMO Series 2020-164 Class CI | CMO Series 2020-164 Class CI |
| 11/20/2050 | &nbsp;&nbsp; 3.000% | 14811660 | &nbsp;&nbsp; 2511726 |
| CMO Series 2020-191 Class UC | CMO Series 2020-191 Class UC | CMO Series 2020-191 Class UC | CMO Series 2020-191 Class UC |
| 12/20/2050 | &nbsp;&nbsp; 4.000% | 18012203 | &nbsp;&nbsp; 4048007 |
| CMO Series 2020-191 Class UM | CMO Series 2020-191 Class UM | CMO Series 2020-191 Class UM | CMO Series 2020-191 Class UM |
| 12/20/2050 | &nbsp;&nbsp; 3.500% | 27226843 | &nbsp;&nbsp; 4292222 |
| CMO Series 2020-85 Class MI | CMO Series 2020-85 Class MI | CMO Series 2020-85 Class MI | CMO Series 2020-85 Class MI |
| 06/20/2050 | &nbsp;&nbsp; 3.500% | 11055147 | &nbsp;&nbsp; 2298671 |
| CMO Series 2021-158 Class VI | CMO Series 2021-158 Class VI | CMO Series 2021-158 Class VI | CMO Series 2021-158 Class VI |
| 09/20/2051 | &nbsp;&nbsp; 3.000% | 29323280 | &nbsp;&nbsp; 4694965 |
| CMO Series 2021-160 Class CI | CMO Series 2021-160 Class CI | CMO Series 2021-160 Class CI | CMO Series 2021-160 Class CI |
| 09/20/2051 | &nbsp;&nbsp; 2.500% | 60532570 | &nbsp;&nbsp; 8324076 |
| CMO Series 2021-24 Class MI | CMO Series 2021-24 Class MI | CMO Series 2021-24 Class MI | CMO Series 2021-24 Class MI |
| 02/20/2051 | &nbsp;&nbsp; 3.000% | 14283743 | &nbsp;&nbsp; 2362955 |
| CMO Series 2021-29 Class HI | CMO Series 2021-29 Class HI | CMO Series 2021-29 Class HI | CMO Series 2021-29 Class HI |
| 02/20/2051 | &nbsp;&nbsp; 3.500% | 18245421 | &nbsp;&nbsp; 3502194 |
| CMO Series 2021-44 Class CI | CMO Series 2021-44 Class CI | CMO Series 2021-44 Class CI | CMO Series 2021-44 Class CI |
| 03/20/2051 | &nbsp;&nbsp; 3.000% | 21707061 | &nbsp;&nbsp; 3718133 |
| CMO Series 2021-44 Class MI | CMO Series 2021-44 Class MI | CMO Series 2021-44 Class MI | CMO Series 2021-44 Class MI |
| 03/20/2051 | &nbsp;&nbsp; 3.000% | 14335537 | &nbsp;&nbsp; 2365262 |
| CMO Series 2021-58 Class IA | CMO Series 2021-58 Class IA | CMO Series 2021-58 Class IA | CMO Series 2021-58 Class IA |
| 04/20/2051 | &nbsp;&nbsp; 3.500% | 12093394 | &nbsp;&nbsp; 2237587 |
| CMO Series 2021-7 Class IT | CMO Series 2021-7 Class IT | CMO Series 2021-7 Class IT | CMO Series 2021-7 Class IT |
| 01/16/2051 | &nbsp;&nbsp; 3.000% | 27629011 | &nbsp;&nbsp; 6304990 |
| Government National Mortgage Association<sup>(d)</sup>  | Government National Mortgage Association<sup>(d)</sup>  | Government National Mortgage Association<sup>(d)</sup>  | Government National Mortgage Association<sup>(d)</sup>  |
| CMO Series 2025-39 Class M | CMO Series 2025-39 Class M | CMO Series 2025-39 Class M | CMO Series 2025-39 Class M |
| &nbsp;&nbsp; 30-day Average SOFR + <br> 4.000% <br>Floor 4.000%, Cap 7.700% <br>03/20/2055<br>| &nbsp;&nbsp; 6.281% | 9699933 | &nbsp;&nbsp; 9922895 |
| Government National Mortgage Association TBA<sup>(n)</sup>  | Government National Mortgage Association TBA<sup>(n)</sup>  | Government National Mortgage Association TBA<sup>(n)</sup>  | Government National Mortgage Association TBA<sup>(n)</sup>  |
| 09/22/2055 | &nbsp;&nbsp; 4.500% | 240000000 | &nbsp;&nbsp; 231114566 |
| Uniform Mortgage-Backed Security TBA<sup>(n)</sup>  | Uniform Mortgage-Backed Security TBA<sup>(n)</sup>  | Uniform Mortgage-Backed Security TBA<sup>(n)</sup>  | Uniform Mortgage-Backed Security TBA<sup>(n)</sup>  |
| 09/15/2055 | &nbsp;&nbsp; 3.500% | 403420484 | &nbsp;&nbsp; 364402667 |
| 09/15/2055 | &nbsp;&nbsp; 4.000% | 567500000 | &nbsp;&nbsp; 529505177 |
| 09/15/2055 | &nbsp;&nbsp; 4.500% | 633000000 | &nbsp;&nbsp; 608760854 |
| 09/15/2055 | &nbsp;&nbsp; 5.000% | 261000000 | &nbsp;&nbsp; 257379272 |
| 09/15/2055 | &nbsp;&nbsp; 5.500% | 290500000 | &nbsp;&nbsp; 292135440 |
| 09/15/2055 | &nbsp;&nbsp; 6.000% | 473000000 | &nbsp;&nbsp; 483199611 |
| &nbsp;&nbsp; Total Residential Mortgage-Backed Securities - Agency <br>(Cost $3,552,866,992) | &nbsp;&nbsp; Total Residential Mortgage-Backed Securities - Agency <br>(Cost $3,552,866,992) | &nbsp;&nbsp; Total Residential Mortgage-Backed Securities - Agency <br>(Cost $3,552,866,992) | &nbsp;&nbsp; **3510913684** |
| **Residential Mortgage-Backed Securities - Non-Agency 45.0%** | **Residential Mortgage-Backed Securities - Non-Agency 45.0%** | **Residential Mortgage-Backed Securities - Non-Agency 45.0%** | **Residential Mortgage-Backed Securities - Non-Agency 45.0%** |
| A&D Mortgage Trust<sup>(a),(o)</sup>  | A&D Mortgage Trust<sup>(a),(o)</sup>  | A&D Mortgage Trust<sup>(a),(o)</sup>  | A&D Mortgage Trust<sup>(a),(o)</sup>  |
| CMO Series 2024-NQM1 Class A1 | CMO Series 2024-NQM1 Class A1 | CMO Series 2024-NQM1 Class A1 | CMO Series 2024-NQM1 Class A1 |
| 02/25/2069 | &nbsp;&nbsp; 6.195% | 3284563 | &nbsp;&nbsp; 3305597 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| A&D Mortgage Trust<sup>(a),(g)</sup>  | A&D Mortgage Trust<sup>(a),(g)</sup>  | A&D Mortgage Trust<sup>(a),(g)</sup>  | A&D Mortgage Trust<sup>(a),(g)</sup>  |
| Subordinated CMO Series 2024-NQM1 Class B1 | Subordinated CMO Series 2024-NQM1 Class B1 | Subordinated CMO Series 2024-NQM1 Class B1 | Subordinated CMO Series 2024-NQM1 Class B1 |
| 02/25/2069 | &nbsp;&nbsp; 8.495% | 5600000 | &nbsp;&nbsp; 5694917 |
| Ajax Mortgage Loan Trust<sup>(a),(o)</sup>  | Ajax Mortgage Loan Trust<sup>(a),(o)</sup>  | Ajax Mortgage Loan Trust<sup>(a),(o)</sup>  | Ajax Mortgage Loan Trust<sup>(a),(o)</sup>  |
| CMO Series 2021-C Class A | CMO Series 2021-C Class A | CMO Series 2021-C Class A | CMO Series 2021-C Class A |
| 01/25/2061 | &nbsp;&nbsp; 5.115% | 3196862 | &nbsp;&nbsp; 3206371 |
| Ajax Mortgage Loan Trust<sup>(a),(g)</sup>  | Ajax Mortgage Loan Trust<sup>(a),(g)</sup>  | Ajax Mortgage Loan Trust<sup>(a),(g)</sup>  | Ajax Mortgage Loan Trust<sup>(a),(g)</sup>  |
| Subordinated CMO Series 2021-E Class B2 | Subordinated CMO Series 2021-E Class B2 | Subordinated CMO Series 2021-E Class B2 | Subordinated CMO Series 2021-E Class B2 |
| 12/25/2060 | &nbsp;&nbsp; 3.988% | 8617660 | &nbsp;&nbsp; 4863576 |
| AlphaFlow Transitional Mortgage Trust<sup>(a)</sup>  | AlphaFlow Transitional Mortgage Trust<sup>(a)</sup>  | AlphaFlow Transitional Mortgage Trust<sup>(a)</sup>  | AlphaFlow Transitional Mortgage Trust<sup>(a)</sup>  |
| CMO Series 2021-WL1 Class A1 | CMO Series 2021-WL1 Class A1 | CMO Series 2021-WL1 Class A1 | CMO Series 2021-WL1 Class A1 |
| 01/25/2026 | &nbsp;&nbsp; 3.280% | 832466 | &nbsp;&nbsp; 738941 |
| Angel Oak Mortgage Trust<sup>(a),(g)</sup>  | Angel Oak Mortgage Trust<sup>(a),(g)</sup>  | Angel Oak Mortgage Trust<sup>(a),(g)</sup>  | Angel Oak Mortgage Trust<sup>(a),(g)</sup>  |
| CMO Series 2021-5 Class A3 | CMO Series 2021-5 Class A3 | CMO Series 2021-5 Class A3 | CMO Series 2021-5 Class A3 |
| 07/25/2066 | &nbsp;&nbsp; 1.311% | 3497813 | &nbsp;&nbsp; 3070990 |
| Subordinated CMO Series 2019-6 Class B1 | Subordinated CMO Series 2019-6 Class B1 | Subordinated CMO Series 2019-6 Class B1 | Subordinated CMO Series 2019-6 Class B1 |
| 11/25/2059 | &nbsp;&nbsp; 3.941% | 9450000 | &nbsp;&nbsp; 8898676 |
| Angel Oak Mortgage Trust<sup>(a),(o)</sup>  | Angel Oak Mortgage Trust<sup>(a),(o)</sup>  | Angel Oak Mortgage Trust<sup>(a),(o)</sup>  | Angel Oak Mortgage Trust<sup>(a),(o)</sup>  |
| CMO Series 2025-8 Class A1 | CMO Series 2025-8 Class A1 | CMO Series 2025-8 Class A1 | CMO Series 2025-8 Class A1 |
| 07/25/2070 | &nbsp;&nbsp; 5.410% | 6631678 | &nbsp;&nbsp; 6672038 |
| Angel Oak Mortgage Trust I LLC<sup>(a),(g)</sup>  | Angel Oak Mortgage Trust I LLC<sup>(a),(g)</sup>  | Angel Oak Mortgage Trust I LLC<sup>(a),(g)</sup>  | Angel Oak Mortgage Trust I LLC<sup>(a),(g)</sup>  |
| Subordinated CMO Series 2019-2 Class B2 | Subordinated CMO Series 2019-2 Class B2 | Subordinated CMO Series 2019-2 Class B2 | Subordinated CMO Series 2019-2 Class B2 |
| 03/25/2049 | &nbsp;&nbsp; 6.286% | 4800000 | &nbsp;&nbsp; 4912991 |
| Barclays Mortgage Trust<sup>(a),(o)</sup>  | Barclays Mortgage Trust<sup>(a),(o)</sup>  | Barclays Mortgage Trust<sup>(a),(o)</sup>  | Barclays Mortgage Trust<sup>(a),(o)</sup>  |
| CMO Series 2021-NPL1 Class B | CMO Series 2021-NPL1 Class B | CMO Series 2021-NPL1 Class B | CMO Series 2021-NPL1 Class B |
| 11/25/2051 | &nbsp;&nbsp; 4.625% | 3589452 | &nbsp;&nbsp; 3693153 |
| BRAVO Residential Funding Trust<sup>(a),(g)</sup>  | BRAVO Residential Funding Trust<sup>(a),(g)</sup>  | BRAVO Residential Funding Trust<sup>(a),(g)</sup>  | BRAVO Residential Funding Trust<sup>(a),(g)</sup>  |
| CMO Series 2020-NQM1 Class B1 | CMO Series 2020-NQM1 Class B1 | CMO Series 2020-NQM1 Class B1 | CMO Series 2020-NQM1 Class B1 |
| 05/25/2060 | &nbsp;&nbsp; 5.086% | 2200000 | &nbsp;&nbsp; 2190035 |
| CMO Series 2020-NQM1 Class B2 | CMO Series 2020-NQM1 Class B2 | CMO Series 2020-NQM1 Class B2 | CMO Series 2020-NQM1 Class B2 |
| 05/25/2060 | &nbsp;&nbsp; 5.997% | 2800000 | &nbsp;&nbsp; 2796416 |
| Subordinated CMO Series 2021-NQM2 Class B1 | Subordinated CMO Series 2021-NQM2 Class B1 | Subordinated CMO Series 2021-NQM2 Class B1 | Subordinated CMO Series 2021-NQM2 Class B1 |
| 03/25/2060 | &nbsp;&nbsp; 3.044% | 6626000 | &nbsp;&nbsp; 6101114 |
| Subordinated CMO Series 2021-NQM2 Class B2 | Subordinated CMO Series 2021-NQM2 Class B2 | Subordinated CMO Series 2021-NQM2 Class B2 | Subordinated CMO Series 2021-NQM2 Class B2 |
| 03/25/2060 | &nbsp;&nbsp; 4.099% | 4100000 | &nbsp;&nbsp; 3573254 |
| CAFL Issuer LP<sup>(a)</sup>  | CAFL Issuer LP<sup>(a)</sup>  | CAFL Issuer LP<sup>(a)</sup>  | CAFL Issuer LP<sup>(a)</sup>  |
| CMO Series 2025-RTL1 Class M1 | CMO Series 2025-RTL1 Class M1 | CMO Series 2025-RTL1 Class M1 | CMO Series 2025-RTL1 Class M1 |
| 05/28/2040 | &nbsp;&nbsp; 8.160% | 3000000 | &nbsp;&nbsp; 3065917 |
| CHNGE Mortgage Trust<sup>(a),(g)</sup>  | CHNGE Mortgage Trust<sup>(a),(g)</sup>  | CHNGE Mortgage Trust<sup>(a),(g)</sup>  | CHNGE Mortgage Trust<sup>(a),(g)</sup>  |
| CMO Series 2022-1 Class M1 | CMO Series 2022-1 Class M1 | CMO Series 2022-1 Class M1 | CMO Series 2022-1 Class M1 |
| 01/25/2067 | &nbsp;&nbsp; 3.990% | 4650000 | &nbsp;&nbsp; 3987025 |
| CMO Series 2023-3 Class M1 | CMO Series 2023-3 Class M1 | CMO Series 2023-3 Class M1 | CMO Series 2023-3 Class M1 |
| 07/25/2058 | &nbsp;&nbsp; 8.257% | 8900000 | &nbsp;&nbsp; 9004771 |
| Subordinated CMO Series 2022-1 Class B1 | Subordinated CMO Series 2022-1 Class B1 | Subordinated CMO Series 2022-1 Class B1 | Subordinated CMO Series 2022-1 Class B1 |
| 01/25/2067 | &nbsp;&nbsp; 4.555% | 8350000 | &nbsp;&nbsp; 7109911 |
| Subordinated CMO Series 2022-1 Class B2 | Subordinated CMO Series 2022-1 Class B2 | Subordinated CMO Series 2022-1 Class B2 | Subordinated CMO Series 2022-1 Class B2 |
| 01/25/2067 | &nbsp;&nbsp; 4.555% | 7431000 | &nbsp;&nbsp; 5588753 |

---

Columbia Mortgage Opportunities Fund \| 2025

------

Portfolio of Investments (continued)

Columbia Mortgage Opportunities Fund, August 31, 2025 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Subordinated CMO Series 2022-2 Class B1 | Subordinated CMO Series 2022-2 Class B1 | Subordinated CMO Series 2022-2 Class B1 | Subordinated CMO Series 2022-2 Class B1 |
| 03/25/2067 | &nbsp;&nbsp; 4.594% | 4569000 | &nbsp;&nbsp; 4015997 |
| Subordinated CMO Series 2023-1 Class B1 | Subordinated CMO Series 2023-1 Class B1 | Subordinated CMO Series 2023-1 Class B1 | Subordinated CMO Series 2023-1 Class B1 |
| 03/25/2058 | &nbsp;&nbsp; 8.117% | 5373000 | &nbsp;&nbsp; 5372466 |
| Subordinated CMO Series 2023-1 Class B2 | Subordinated CMO Series 2023-1 Class B2 | Subordinated CMO Series 2023-1 Class B2 | Subordinated CMO Series 2023-1 Class B2 |
| 03/25/2058 | &nbsp;&nbsp; 8.237% | 8894000 | &nbsp;&nbsp; 8859380 |
| Subordinated CMO Series 2023-2 Class B1 | Subordinated CMO Series 2023-2 Class B1 | Subordinated CMO Series 2023-2 Class B1 | Subordinated CMO Series 2023-2 Class B1 |
| 06/25/2058 | &nbsp;&nbsp; 8.016% | 4942000 | &nbsp;&nbsp; 5019784 |
| Subordinated CMO Series 2023-3 Class B1 | Subordinated CMO Series 2023-3 Class B1 | Subordinated CMO Series 2023-3 Class B1 | Subordinated CMO Series 2023-3 Class B1 |
| 07/25/2058 | &nbsp;&nbsp; 8.257% | 3700000 | &nbsp;&nbsp; 3724601 |
| CHNGE Mortgage Trust<sup>(a),(o)</sup>  | CHNGE Mortgage Trust<sup>(a),(o)</sup>  | CHNGE Mortgage Trust<sup>(a),(o)</sup>  | CHNGE Mortgage Trust<sup>(a),(o)</sup>  |
| CMO Series 2022-NQM1 Class M1 | CMO Series 2022-NQM1 Class M1 | CMO Series 2022-NQM1 Class M1 | CMO Series 2022-NQM1 Class M1 |
| 06/25/2067 | &nbsp;&nbsp; 5.820% | 3150000 | &nbsp;&nbsp; 3136676 |
| Citigroup Mortgage Loan Trust<sup>(a)</sup>  | Citigroup Mortgage Loan Trust<sup>(a)</sup>  | Citigroup Mortgage Loan Trust<sup>(a)</sup>  | Citigroup Mortgage Loan Trust<sup>(a)</sup>  |
| Subordinated CMO Series 2015-RP2 Class B5 | Subordinated CMO Series 2015-RP2 Class B5 | Subordinated CMO Series 2015-RP2 Class B5 | Subordinated CMO Series 2015-RP2 Class B5 |
| 01/25/2053 | &nbsp;&nbsp; 4.250% | 13210737 | &nbsp;&nbsp; 9857332 |
| Citigroup Mortgage Loan Trust<sup>(a),(p)</sup>  | Citigroup Mortgage Loan Trust<sup>(a),(p)</sup>  | Citigroup Mortgage Loan Trust<sup>(a),(p)</sup>  | Citigroup Mortgage Loan Trust<sup>(a),(p)</sup>  |
| Subordinated CMO Series 2015-RP2 Class FB | Subordinated CMO Series 2015-RP2 Class FB | Subordinated CMO Series 2015-RP2 Class FB | Subordinated CMO Series 2015-RP2 Class FB |
| 01/25/2053 | &nbsp;&nbsp; 0.000% | 1327638 | &nbsp;&nbsp; 537908 |
| Citigroup Mortgage Loan Trust<sup>(a),(g),(h)</sup>  | Citigroup Mortgage Loan Trust<sup>(a),(g),(h)</sup>  | Citigroup Mortgage Loan Trust<sup>(a),(g),(h)</sup>  | Citigroup Mortgage Loan Trust<sup>(a),(g),(h)</sup>  |
| Subordinated CMO Series 2015-RP2 Class XIO | Subordinated CMO Series 2015-RP2 Class XIO | Subordinated CMO Series 2015-RP2 Class XIO | Subordinated CMO Series 2015-RP2 Class XIO |
| 01/25/2053 | &nbsp;&nbsp; 1.107% | 33292521 | &nbsp;&nbsp; 944715 |
| Citigroup Mortgage Loan Trust<sup>(a),(g)</sup>  | Citigroup Mortgage Loan Trust<sup>(a),(g)</sup>  | Citigroup Mortgage Loan Trust<sup>(a),(g)</sup>  | Citigroup Mortgage Loan Trust<sup>(a),(g)</sup>  |
| Subordinated CMO Series 2018-RP3 Class B3 | Subordinated CMO Series 2018-RP3 Class B3 | Subordinated CMO Series 2018-RP3 Class B3 | Subordinated CMO Series 2018-RP3 Class B3 |
| 03/25/2061 | &nbsp;&nbsp; 3.250% | 10497650 | &nbsp;&nbsp; 7469655 |
| COLT Mortgage Loan Trust<sup>(a),(g)</sup>  | COLT Mortgage Loan Trust<sup>(a),(g)</sup>  | COLT Mortgage Loan Trust<sup>(a),(g)</sup>  | COLT Mortgage Loan Trust<sup>(a),(g)</sup>  |
| CMO Series 2020-2 Class M1 | CMO Series 2020-2 Class M1 | CMO Series 2020-2 Class M1 | CMO Series 2020-2 Class M1 |
| 03/25/2065 | &nbsp;&nbsp; 5.250% | 1463000 | &nbsp;&nbsp; 1474044 |
| CMO Series 2021-3 Class A3 | CMO Series 2021-3 Class A3 | CMO Series 2021-3 Class A3 | CMO Series 2021-3 Class A3 |
| 09/27/2066 | &nbsp;&nbsp; 1.419% | 5714167 | &nbsp;&nbsp; 4917254 |
| CMO Series 2023-1 Class B2 | CMO Series 2023-1 Class B2 | CMO Series 2023-1 Class B2 | CMO Series 2023-1 Class B2 |
| 04/25/2068 | &nbsp;&nbsp; 8.006% | 4546000 | &nbsp;&nbsp; 4540782 |
| CMO Series 2025-5 Class B1 | CMO Series 2025-5 Class B1 | CMO Series 2025-5 Class B1 | CMO Series 2025-5 Class B1 |
| 05/25/2070 | &nbsp;&nbsp; 7.439% | 3728000 | &nbsp;&nbsp; 3793073 |
| Subordinated CMO Series 2020-2 Class B1 | Subordinated CMO Series 2020-2 Class B1 | Subordinated CMO Series 2020-2 Class B1 | Subordinated CMO Series 2020-2 Class B1 |
| 03/25/2065 | &nbsp;&nbsp; 5.250% | 3716000 | &nbsp;&nbsp; 3722800 |
| Subordinated CMO Series 2021-4 Class B1 | Subordinated CMO Series 2021-4 Class B1 | Subordinated CMO Series 2021-4 Class B1 | Subordinated CMO Series 2021-4 Class B1 |
| 10/25/2066 | &nbsp;&nbsp; 3.764% | 5969000 | &nbsp;&nbsp; 4488455 |
| Subordinated CMO Series 2022-4 Class B2 | Subordinated CMO Series 2022-4 Class B2 | Subordinated CMO Series 2022-4 Class B2 | Subordinated CMO Series 2022-4 Class B2 |
| 03/25/2067 | &nbsp;&nbsp; 4.716% | 4993000 | &nbsp;&nbsp; 4556178 |
| Subordinated Series 2021-3 Class B1 | Subordinated Series 2021-3 Class B1 | Subordinated Series 2021-3 Class B1 | Subordinated Series 2021-3 Class B1 |
| 09/27/2066 | &nbsp;&nbsp; 3.059% | 2502000 | &nbsp;&nbsp; 1811939 |
| COLT Mortgage Loan Trust<sup>(a),(o)</sup>  | COLT Mortgage Loan Trust<sup>(a),(o)</sup>  | COLT Mortgage Loan Trust<sup>(a),(o)</sup>  | COLT Mortgage Loan Trust<sup>(a),(o)</sup>  |
| CMO Series 2025-5 Class A1 | CMO Series 2025-5 Class A1 | CMO Series 2025-5 Class A1 | CMO Series 2025-5 Class A1 |
| 05/25/2070 | &nbsp;&nbsp; 5.536% | 7751858 | &nbsp;&nbsp; 7807030 |
| CMO Series 2025-7 Class A2 | CMO Series 2025-7 Class A2 | CMO Series 2025-7 Class A2 | CMO Series 2025-7 Class A2 |
| 06/25/2070 | &nbsp;&nbsp; 5.673% | 7569000 | &nbsp;&nbsp; 7617000 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Connecticut Avenue Securities Trust<sup>(a),(d)</sup>  | Connecticut Avenue Securities Trust<sup>(a),(d)</sup>  | Connecticut Avenue Securities Trust<sup>(a),(d)</sup>  | Connecticut Avenue Securities Trust<sup>(a),(d)</sup>  |
| Subordinated CMO Series 2021-R03 Class 1B2 | Subordinated CMO Series 2021-R03 Class 1B2 | Subordinated CMO Series 2021-R03 Class 1B2 | Subordinated CMO Series 2021-R03 Class 1B2 |
| &nbsp;&nbsp; 30-day Average SOFR + <br> 5.500% <br>Floor 5.500% <br>12/25/2041<br>| &nbsp;&nbsp; 9.848% | 7059000 | &nbsp;&nbsp; 7349525 |
| Subordinated CMO Series 2022-R01 Class 1B2 | Subordinated CMO Series 2022-R01 Class 1B2 | Subordinated CMO Series 2022-R01 Class 1B2 | Subordinated CMO Series 2022-R01 Class 1B2 |
| &nbsp;&nbsp; 30-day Average SOFR + <br> 6.000% <br>12/25/2041<br>| &nbsp;&nbsp; 10.348% | 10350000 | &nbsp;&nbsp; 10843484 |
| Deephaven Residential Mortgage Trust<sup>(a),(g)</sup>  | Deephaven Residential Mortgage Trust<sup>(a),(g)</sup>  | Deephaven Residential Mortgage Trust<sup>(a),(g)</sup>  | Deephaven Residential Mortgage Trust<sup>(a),(g)</sup>  |
| Subordinated CMO Series 2020-2 Class B3 | Subordinated CMO Series 2020-2 Class B3 | Subordinated CMO Series 2020-2 Class B3 | Subordinated CMO Series 2020-2 Class B3 |
| 05/25/2065 | &nbsp;&nbsp; 6.424% | 4911000 | &nbsp;&nbsp; 4951973 |
| EASY<sup>(a),(o)</sup>  | EASY<sup>(a),(o)</sup>  | EASY<sup>(a),(o)</sup>  | EASY<sup>(a),(o)</sup>  |
| CMO Series 2025-RTL1 Class A1 | CMO Series 2025-RTL1 Class A1 | CMO Series 2025-RTL1 Class A1 | CMO Series 2025-RTL1 Class A1 |
| 05/25/2040 | &nbsp;&nbsp; 6.456% | 10000000 | &nbsp;&nbsp; 10048114 |
| EASY<sup>(a),(g)</sup>  | EASY<sup>(a),(g)</sup>  | EASY<sup>(a),(g)</sup>  | EASY<sup>(a),(g)</sup>  |
| CMO Series 2025-RTL1 Class M | CMO Series 2025-RTL1 Class M | CMO Series 2025-RTL1 Class M | CMO Series 2025-RTL1 Class M |
| 05/25/2040 | &nbsp;&nbsp; 9.116% | 3750000 | &nbsp;&nbsp; 3710245 |
| Fannie Mae Connecticut Avenue Securities<sup>(a),(d)</sup>  | Fannie Mae Connecticut Avenue Securities<sup>(a),(d)</sup>  | Fannie Mae Connecticut Avenue Securities<sup>(a),(d)</sup>  | Fannie Mae Connecticut Avenue Securities<sup>(a),(d)</sup>  |
| Subordinated CMO Series 2021-R02 Class 2B2 | Subordinated CMO Series 2021-R02 Class 2B2 | Subordinated CMO Series 2021-R02 Class 2B2 | Subordinated CMO Series 2021-R02 Class 2B2 |
| &nbsp;&nbsp; 30-day Average SOFR + <br> 6.200% <br>11/25/2041<br>| &nbsp;&nbsp; 10.548% | 11350000 | &nbsp;&nbsp; 11836918 |
| FIGRE Trust<sup>(a),(g)</sup>  | FIGRE Trust<sup>(a),(g)</sup>  | FIGRE Trust<sup>(a),(g)</sup>  | FIGRE Trust<sup>(a),(g)</sup>  |
| CMO Series 2025-HE1 Class F | CMO Series 2025-HE1 Class F | CMO Series 2025-HE1 Class F | CMO Series 2025-HE1 Class F |
| 01/25/2055 | &nbsp;&nbsp; 9.083% | 2110000 | &nbsp;&nbsp; 2168024 |
| CMO Series 2025-HE3 Class E | CMO Series 2025-HE3 Class E | CMO Series 2025-HE3 Class E | CMO Series 2025-HE3 Class E |
| 05/25/2055 | &nbsp;&nbsp; 8.103% | 1500000 | &nbsp;&nbsp; 1577574 |
| CMO Series 2025-HE3 Class F | CMO Series 2025-HE3 Class F | CMO Series 2025-HE3 Class F | CMO Series 2025-HE3 Class F |
| 05/25/2055 | &nbsp;&nbsp; 9.081% | 1500000 | &nbsp;&nbsp; 1577057 |
| Subordinated CMO Series 2023-HE3 Class D | Subordinated CMO Series 2023-HE3 Class D | Subordinated CMO Series 2023-HE3 Class D | Subordinated CMO Series 2023-HE3 Class D |
| 01/25/2042 | &nbsp;&nbsp; 7.747% | 1929829 | &nbsp;&nbsp; 1992118 |
| Subordinated CMO Series 2024-HE1 Class E | Subordinated CMO Series 2024-HE1 Class E | Subordinated CMO Series 2024-HE1 Class E | Subordinated CMO Series 2024-HE1 Class E |
| 03/25/2054 | &nbsp;&nbsp; 8.323% | 2350000 | &nbsp;&nbsp; 2432625 |
| Subordinated CMO Series 2024-HE1 Class F | Subordinated CMO Series 2024-HE1 Class F | Subordinated CMO Series 2024-HE1 Class F | Subordinated CMO Series 2024-HE1 Class F |
| 03/25/2054 | &nbsp;&nbsp; 10.029% | 3250000 | &nbsp;&nbsp; 3432831 |
| Subordinated CMO Series 2024-HE2 Class F | Subordinated CMO Series 2024-HE2 Class F | Subordinated CMO Series 2024-HE2 Class F | Subordinated CMO Series 2024-HE2 Class F |
| 05/25/2054 | &nbsp;&nbsp; 9.790% | 7575000 | &nbsp;&nbsp; 8043932 |
| Subordinated CMO Series 2024-HE3 Class E | Subordinated CMO Series 2024-HE3 Class E | Subordinated CMO Series 2024-HE3 Class E | Subordinated CMO Series 2024-HE3 Class E |
| 07/25/2054 | &nbsp;&nbsp; 7.551% | 1850000 | &nbsp;&nbsp; 1873817 |
| Subordinated CMO Series 2024-HE3 Class F | Subordinated CMO Series 2024-HE3 Class F | Subordinated CMO Series 2024-HE3 Class F | Subordinated CMO Series 2024-HE3 Class F |
| 07/25/2054 | &nbsp;&nbsp; 9.261% | 1550000 | &nbsp;&nbsp; 1606279 |
| Subordinated CMO Series 2024-HE4 Class E | Subordinated CMO Series 2024-HE4 Class E | Subordinated CMO Series 2024-HE4 Class E | Subordinated CMO Series 2024-HE4 Class E |
| 09/25/2054 | &nbsp;&nbsp; 6.809% | 1900000 | &nbsp;&nbsp; 1901657 |
| Subordinated CMO Series 2024-HE4 Class F | Subordinated CMO Series 2024-HE4 Class F | Subordinated CMO Series 2024-HE4 Class F | Subordinated CMO Series 2024-HE4 Class F |
| 09/25/2054 | &nbsp;&nbsp; 8.482% | 1300000 | &nbsp;&nbsp; 1323270 |
| Subordinated CMO Series 2024-HE5 Class E | Subordinated CMO Series 2024-HE5 Class E | Subordinated CMO Series 2024-HE5 Class E | Subordinated CMO Series 2024-HE5 Class E |
| 10/25/2054 | &nbsp;&nbsp; 7.010% | 3950000 | &nbsp;&nbsp; 3980554 |

---

Columbia Mortgage Opportunities Fund \| 2025

------

Portfolio of Investments (continued)

Columbia Mortgage Opportunities Fund, August 31, 2025 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Subordinated CMO Series 2024-HE5 Class F | Subordinated CMO Series 2024-HE5 Class F | Subordinated CMO Series 2024-HE5 Class F | Subordinated CMO Series 2024-HE5 Class F |
| 10/25/2054 | &nbsp;&nbsp; 8.630% | 2900000 | &nbsp;&nbsp; 2971874 |
| FMC GMSR Issuer Trust<sup>(a),(g)</sup>  | FMC GMSR Issuer Trust<sup>(a),(g)</sup>  | FMC GMSR Issuer Trust<sup>(a),(g)</sup>  | FMC GMSR Issuer Trust<sup>(a),(g)</sup>  |
| CMO Series 2020-GT1 Class A | CMO Series 2020-GT1 Class A | CMO Series 2020-GT1 Class A | CMO Series 2020-GT1 Class A |
| 01/25/2026 | &nbsp;&nbsp; 4.450% | 9050000 | &nbsp;&nbsp; 8880487 |
| Freddie Mac STACR REMIC Trust<sup>(a),(d)</sup>  | Freddie Mac STACR REMIC Trust<sup>(a),(d)</sup>  | Freddie Mac STACR REMIC Trust<sup>(a),(d)</sup>  | Freddie Mac STACR REMIC Trust<sup>(a),(d)</sup>  |
| Subordinated CMO Series 2020-DNA6 Class B2 | Subordinated CMO Series 2020-DNA6 Class B2 | Subordinated CMO Series 2020-DNA6 Class B2 | Subordinated CMO Series 2020-DNA6 Class B2 |
| &nbsp;&nbsp; 30-day Average SOFR + <br> 5.650% <br>12/25/2050<br>| &nbsp;&nbsp; 9.998% | 15500000 | &nbsp;&nbsp; 17715277 |
| Subordinated CMO Series 2021-DNA1 Class B2 | Subordinated CMO Series 2021-DNA1 Class B2 | Subordinated CMO Series 2021-DNA1 Class B2 | Subordinated CMO Series 2021-DNA1 Class B2 |
| &nbsp;&nbsp; 30-day Average SOFR + <br> 4.750% <br>01/25/2051<br>| &nbsp;&nbsp; 9.098% | 14000000 | &nbsp;&nbsp; 15499616 |
| Subordinated CMO Series 2021-DNA5 Class B2 | Subordinated CMO Series 2021-DNA5 Class B2 | Subordinated CMO Series 2021-DNA5 Class B2 | Subordinated CMO Series 2021-DNA5 Class B2 |
| &nbsp;&nbsp; 30-day Average SOFR + <br> 5.500% <br>01/25/2034<br>| &nbsp;&nbsp; 9.848% | 23300000 | &nbsp;&nbsp; 27761165 |
| Subordinated CMO Series 2021-DNA6 Class B2 | Subordinated CMO Series 2021-DNA6 Class B2 | Subordinated CMO Series 2021-DNA6 Class B2 | Subordinated CMO Series 2021-DNA6 Class B2 |
| &nbsp;&nbsp; 30-day Average SOFR + <br> 7.500% <br>10/25/2041<br>| &nbsp;&nbsp; 11.848% | 7450000 | &nbsp;&nbsp; 7884558 |
| Freddie Mac STACR Single Seller Risk Transfer Debt Notes<sup>(a),(d)</sup>  | Freddie Mac STACR Single Seller Risk Transfer Debt Notes<sup>(a),(d)</sup>  | Freddie Mac STACR Single Seller Risk Transfer Debt Notes<sup>(a),(d)</sup>  | Freddie Mac STACR Single Seller Risk Transfer Debt Notes<sup>(a),(d)</sup>  |
| Subordinated CMO Series 2019-CS03 Class B2 | Subordinated CMO Series 2019-CS03 Class B2 | Subordinated CMO Series 2019-CS03 Class B2 | Subordinated CMO Series 2019-CS03 Class B2 |
| &nbsp;&nbsp; 30-day Average SOFR + <br> 0.114% <br>10/25/2032<br>| &nbsp;&nbsp; 4.454% | 7345104 | &nbsp;&nbsp; 6851755 |
| Freddie Mac STACR Single Seller Risk Transfer Debt Notes<sup>(h)</sup>  | Freddie Mac STACR Single Seller Risk Transfer Debt Notes<sup>(h)</sup>  | Freddie Mac STACR Single Seller Risk Transfer Debt Notes<sup>(h)</sup>  | Freddie Mac STACR Single Seller Risk Transfer Debt Notes<sup>(h)</sup>  |
| Subordinated CMO Series 2019-CS03 Class IO | Subordinated CMO Series 2019-CS03 Class IO | Subordinated CMO Series 2019-CS03 Class IO | Subordinated CMO Series 2019-CS03 Class IO |
| 10/25/2029 | &nbsp;&nbsp; 0.270% | 611092394 | &nbsp;&nbsp; 4673879 |
| Freddie Mac Structured Agency Credit Risk Debt Notes<sup>(a),(d)</sup>  | Freddie Mac Structured Agency Credit Risk Debt Notes<sup>(a),(d)</sup>  | Freddie Mac Structured Agency Credit Risk Debt Notes<sup>(a),(d)</sup>  | Freddie Mac Structured Agency Credit Risk Debt Notes<sup>(a),(d)</sup>  |
| CMO Series 2019-CS02 Class B2 | CMO Series 2019-CS02 Class B2 | CMO Series 2019-CS02 Class B2 | CMO Series 2019-CS02 Class B2 |
| &nbsp;&nbsp; 30-day Average SOFR + <br> 0.114% <br>02/25/2032<br>| &nbsp;&nbsp; 4.454% | 2300000 | &nbsp;&nbsp; 2279257 |
| CMO Series 2019-CS02 Class B3 | CMO Series 2019-CS02 Class B3 | CMO Series 2019-CS02 Class B3 | CMO Series 2019-CS02 Class B3 |
| &nbsp;&nbsp; 30-day Average SOFR + <br> 0.114% <br>02/25/2032<br>| &nbsp;&nbsp; 4.454% | 2950000 | &nbsp;&nbsp; 2843854 |
| CMO Series 2020-CS01 Class B2 | CMO Series 2020-CS01 Class B2 | CMO Series 2020-CS01 Class B2 | CMO Series 2020-CS01 Class B2 |
| &nbsp;&nbsp; 30-day Average SOFR + <br> 0.114% <br>04/25/2033<br>| &nbsp;&nbsp; 4.454% | 16988156 | &nbsp;&nbsp; 13945666 |
| Subordinated CMO Series 2020-HQA5 Class B1 | Subordinated CMO Series 2020-HQA5 Class B1 | Subordinated CMO Series 2020-HQA5 Class B1 | Subordinated CMO Series 2020-HQA5 Class B1 |
| &nbsp;&nbsp; 30-day Average SOFR + <br> 4.000% <br>11/25/2050<br>| &nbsp;&nbsp; 8.348% | 6750000 | &nbsp;&nbsp; 7460039 |
| Subordinated CMO Series 2020-HQA5 Class B2 | Subordinated CMO Series 2020-HQA5 Class B2 | Subordinated CMO Series 2020-HQA5 Class B2 | Subordinated CMO Series 2020-HQA5 Class B2 |
| &nbsp;&nbsp; 30-day Average SOFR + <br> 7.400% <br>11/25/2050<br>| &nbsp;&nbsp; 11.748% | 14200000 | &nbsp;&nbsp; 17336489 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Freddie Mac Structured Agency Credit Risk Debt Notes<sup>(h)</sup>  | Freddie Mac Structured Agency Credit Risk Debt Notes<sup>(h)</sup>  | Freddie Mac Structured Agency Credit Risk Debt Notes<sup>(h)</sup>  | Freddie Mac Structured Agency Credit Risk Debt Notes<sup>(h)</sup>  |
| CMO Series 2019-CS02 Class IO | CMO Series 2019-CS02 Class IO | CMO Series 2019-CS02 Class IO | CMO Series 2019-CS02 Class IO |
| 02/25/2029 | &nbsp;&nbsp; 0.270% | 248620834 | &nbsp;&nbsp; 1688309 |
| CMO Series 2020-CS02 Class IO1 | CMO Series 2020-CS02 Class IO1 | CMO Series 2020-CS02 Class IO1 | CMO Series 2020-CS02 Class IO1 |
| 05/25/2030 | &nbsp;&nbsp; 0.090% | 453920621 | &nbsp;&nbsp; 1293174 |
| CMO Series 2020-CS02 Class IO2 | CMO Series 2020-CS02 Class IO2 | CMO Series 2020-CS02 Class IO2 | CMO Series 2020-CS02 Class IO2 |
| 06/25/2030 | &nbsp;&nbsp; 0.115% | 453920621 | &nbsp;&nbsp; 1652407 |
| Freddie Mac Structured Agency Credit Risk Debt Notes<sup>(a),(h)</sup>  | Freddie Mac Structured Agency Credit Risk Debt Notes<sup>(a),(h)</sup>  | Freddie Mac Structured Agency Credit Risk Debt Notes<sup>(a),(h)</sup>  | Freddie Mac Structured Agency Credit Risk Debt Notes<sup>(a),(h)</sup>  |
| CMO Series 2020-CS01 Class IO1 | CMO Series 2020-CS01 Class IO1 | CMO Series 2020-CS01 Class IO1 | CMO Series 2020-CS01 Class IO1 |
| 04/25/2030 | &nbsp;&nbsp; 0.080% | 1956645065 | &nbsp;&nbsp; 4743495 |
| CMO Series 2020-CS01 Class IO2 | CMO Series 2020-CS01 Class IO2 | CMO Series 2020-CS01 Class IO2 | CMO Series 2020-CS01 Class IO2 |
| 04/25/2030 | &nbsp;&nbsp; 0.125% | 1956645065 | &nbsp;&nbsp; 7411771 |
| Freddie Mac Structured Agency Credit Risk Debt Notes<sup>(d)</sup>  | Freddie Mac Structured Agency Credit Risk Debt Notes<sup>(d)</sup>  | Freddie Mac Structured Agency Credit Risk Debt Notes<sup>(d)</sup>  | Freddie Mac Structured Agency Credit Risk Debt Notes<sup>(d)</sup>  |
| Subordinated CMO Series 2020-CS02 Class B2 | Subordinated CMO Series 2020-CS02 Class B2 | Subordinated CMO Series 2020-CS02 Class B2 | Subordinated CMO Series 2020-CS02 Class B2 |
| &nbsp;&nbsp; 30-day Average SOFR + <br> 0.114% <br>06/25/2033<br>| &nbsp;&nbsp; 4.454% | 5650000 | &nbsp;&nbsp; 4761513 |
| GCAT Trust<sup>(a),(g)</sup>  | GCAT Trust<sup>(a),(g)</sup>  | GCAT Trust<sup>(a),(g)</sup>  | GCAT Trust<sup>(a),(g)</sup>  |
| CMO Series 2019-NQM3 Class M1 | CMO Series 2019-NQM3 Class M1 | CMO Series 2019-NQM3 Class M1 | CMO Series 2019-NQM3 Class M1 |
| 11/25/2059 | &nbsp;&nbsp; 3.450% | 5650000 | &nbsp;&nbsp; 5200815 |
| Genworth Mortgage Insurance Corp.<sup>(a),(d)</sup>  | Genworth Mortgage Insurance Corp.<sup>(a),(d)</sup>  | Genworth Mortgage Insurance Corp.<sup>(a),(d)</sup>  | Genworth Mortgage Insurance Corp.<sup>(a),(d)</sup>  |
| CMO Series 2021-3 Class M1B | CMO Series 2021-3 Class M1B | CMO Series 2021-3 Class M1B | CMO Series 2021-3 Class M1B |
| &nbsp;&nbsp; 30-day Average SOFR + <br> 2.900% <br>Floor 2.900% <br>02/25/2034<br>| &nbsp;&nbsp; 7.250% | 7012790 | &nbsp;&nbsp; 7031883 |
| Subordinated CMO Series 2021-3 Class B1 | Subordinated CMO Series 2021-3 Class B1 | Subordinated CMO Series 2021-3 Class B1 | Subordinated CMO Series 2021-3 Class B1 |
| &nbsp;&nbsp; 30-day Average SOFR + <br> 4.950% <br>Floor 4.950% <br>02/25/2034<br>| &nbsp;&nbsp; 9.300% | 7500000 | &nbsp;&nbsp; 7679319 |
| GITSIT Mortgage Loan Trust<sup>(a),(o)</sup>  | GITSIT Mortgage Loan Trust<sup>(a),(o)</sup>  | GITSIT Mortgage Loan Trust<sup>(a),(o)</sup>  | GITSIT Mortgage Loan Trust<sup>(a),(o)</sup>  |
| CMO Series 2025-NPL1 Class A1 | CMO Series 2025-NPL1 Class A1 | CMO Series 2025-NPL1 Class A1 | CMO Series 2025-NPL1 Class A1 |
| 02/25/2055 | &nbsp;&nbsp; 6.203% | 4110945 | &nbsp;&nbsp; 4119566 |
| Homeward Opportunities Fund I Trust<sup>(a),(g)</sup>  | Homeward Opportunities Fund I Trust<sup>(a),(g)</sup>  | Homeward Opportunities Fund I Trust<sup>(a),(g)</sup>  | Homeward Opportunities Fund I Trust<sup>(a),(g)</sup>  |
| Subordinated CMO Series 2020-2 Class B1 | Subordinated CMO Series 2020-2 Class B1 | Subordinated CMO Series 2020-2 Class B1 | Subordinated CMO Series 2020-2 Class B1 |
| 05/25/2065 | &nbsp;&nbsp; 5.450% | 3750000 | &nbsp;&nbsp; 3747853 |
| Homeward Opportunities Fund Trust<sup>(a),(g)</sup>  | Homeward Opportunities Fund Trust<sup>(a),(g)</sup>  | Homeward Opportunities Fund Trust<sup>(a),(g)</sup>  | Homeward Opportunities Fund Trust<sup>(a),(g)</sup>  |
| CMO Series 2022-1 Class M1 | CMO Series 2022-1 Class M1 | CMO Series 2022-1 Class M1 | CMO Series 2022-1 Class M1 |
| 07/25/2067 | &nbsp;&nbsp; 5.034% | 3000000 | &nbsp;&nbsp; 2945470 |
| HTAP<sup>(a)</sup>  | HTAP<sup>(a)</sup>  | HTAP<sup>(a)</sup>  | HTAP<sup>(a)</sup>  |
| CMO Series 2024-1 Class A | CMO Series 2024-1 Class A | CMO Series 2024-1 Class A | CMO Series 2024-1 Class A |
| 04/25/2037 | &nbsp;&nbsp; 7.000% | 7036053 | &nbsp;&nbsp; 7134571 |
| HTAP Issuer Trust<sup>(a)</sup>  | HTAP Issuer Trust<sup>(a)</sup>  | HTAP Issuer Trust<sup>(a)</sup>  | HTAP Issuer Trust<sup>(a)</sup>  |
| CMO Series 2024-2 Class A | CMO Series 2024-2 Class A | CMO Series 2024-2 Class A | CMO Series 2024-2 Class A |
| 04/25/2042 | &nbsp;&nbsp; 6.500% | 13707969 | &nbsp;&nbsp; 13745108 |
| CMO Series 2025-1 Class A | CMO Series 2025-1 Class A | CMO Series 2025-1 Class A | CMO Series 2025-1 Class A |
| 11/25/2042 | &nbsp;&nbsp; 6.500% | 6734154 | &nbsp;&nbsp; 6677783 |
| Subordinated CMO Series 2024-2 Class B | Subordinated CMO Series 2024-2 Class B | Subordinated CMO Series 2024-2 Class B | Subordinated CMO Series 2024-2 Class B |
| 04/25/2042 | &nbsp;&nbsp; 7.500% | 4700000 | &nbsp;&nbsp; 4617809 |

---

Columbia Mortgage Opportunities Fund \| 2025

------

Portfolio of Investments (continued)

Columbia Mortgage Opportunities Fund, August 31, 2025 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Imperial Fund Mortgage Trust<sup>(a),(g)</sup>  | Imperial Fund Mortgage Trust<sup>(a),(g)</sup>  | Imperial Fund Mortgage Trust<sup>(a),(g)</sup>  | Imperial Fund Mortgage Trust<sup>(a),(g)</sup>  |
| Subordinated CMO Series 2021-NQM3 Class B1 | Subordinated CMO Series 2021-NQM3 Class B1 | Subordinated CMO Series 2021-NQM3 Class B1 | Subordinated CMO Series 2021-NQM3 Class B1 |
| 11/25/2056 | &nbsp;&nbsp; 4.121% | 7384000 | &nbsp;&nbsp; 5866490 |
| Subordinated CMO Series 2022-NQM3 Class B1 | Subordinated CMO Series 2022-NQM3 Class B1 | Subordinated CMO Series 2022-NQM3 Class B1 | Subordinated CMO Series 2022-NQM3 Class B1 |
| 05/25/2067 | &nbsp;&nbsp; 4.414% | 4489000 | &nbsp;&nbsp; 3684316 |
| Imperial Fund Mortgage Trust<sup>(a),(o)</sup>  | Imperial Fund Mortgage Trust<sup>(a),(o)</sup>  | Imperial Fund Mortgage Trust<sup>(a),(o)</sup>  | Imperial Fund Mortgage Trust<sup>(a),(o)</sup>  |
| Subordinated CMO Series 2022-NQM5 Class B2 | Subordinated CMO Series 2022-NQM5 Class B2 | Subordinated CMO Series 2022-NQM5 Class B2 | Subordinated CMO Series 2022-NQM5 Class B2 |
| 08/25/2067 | &nbsp;&nbsp; 6.250% | 3000000 | &nbsp;&nbsp; 2925661 |
| Knock Issuer Trust<sup>(a)</sup>  | Knock Issuer Trust<sup>(a)</sup>  | Knock Issuer Trust<sup>(a)</sup>  | Knock Issuer Trust<sup>(a)</sup>  |
| CMO Series 2025-1 Class A1 | CMO Series 2025-1 Class A1 | CMO Series 2025-1 Class A1 | CMO Series 2025-1 Class A1 |
| 02/25/2030 | &nbsp;&nbsp; 7.119% | 17040000 | &nbsp;&nbsp; 17082685 |
| CMO Series 2025-1 Class A2 | CMO Series 2025-1 Class A2 | CMO Series 2025-1 Class A2 | CMO Series 2025-1 Class A2 |
| 02/25/2030 | &nbsp;&nbsp; 9.054% | 1500000 | &nbsp;&nbsp; 1503672 |
| LHOME Mortgage Trust<sup>(a),(o)</sup>  | LHOME Mortgage Trust<sup>(a),(o)</sup>  | LHOME Mortgage Trust<sup>(a),(o)</sup>  | LHOME Mortgage Trust<sup>(a),(o)</sup>  |
| CMO Series 2023-RTL3 Class A2 | CMO Series 2023-RTL3 Class A2 | CMO Series 2023-RTL3 Class A2 | CMO Series 2023-RTL3 Class A2 |
| 08/25/2028 | &nbsp;&nbsp; 9.000% | 8400000 | &nbsp;&nbsp; 8441693 |
| CMO Series 2024-RTL1 Class A2 | CMO Series 2024-RTL1 Class A2 | CMO Series 2024-RTL1 Class A2 | CMO Series 2024-RTL1 Class A2 |
| 01/25/2029 | &nbsp;&nbsp; 9.165% | 5200000 | &nbsp;&nbsp; 5265669 |
| CMO Series 2024-RTL1 Class M | CMO Series 2024-RTL1 Class M | CMO Series 2024-RTL1 Class M | CMO Series 2024-RTL1 Class M |
| 01/25/2029 | &nbsp;&nbsp; 11.949% | 3700000 | &nbsp;&nbsp; 3741432 |
| LHOME Mortgage Trust<sup>(a),(g)</sup>  | LHOME Mortgage Trust<sup>(a),(g)</sup>  | LHOME Mortgage Trust<sup>(a),(g)</sup>  | LHOME Mortgage Trust<sup>(a),(g)</sup>  |
| CMO Series 2024-RTL5 Class M1 | CMO Series 2024-RTL5 Class M1 | CMO Series 2024-RTL5 Class M1 | CMO Series 2024-RTL5 Class M1 |
| 09/25/2039 | &nbsp;&nbsp; 6.823% | 4358000 | &nbsp;&nbsp; 4355485 |
| CMO Series 2025-RTL1 Class M1 | CMO Series 2025-RTL1 Class M1 | CMO Series 2025-RTL1 Class M1 | CMO Series 2025-RTL1 Class M1 |
| 01/25/2040 | &nbsp;&nbsp; 7.023% | 5368000 | &nbsp;&nbsp; 5390714 |
| CMO Series 2025-RTL3 Class M1 | CMO Series 2025-RTL3 Class M1 | CMO Series 2025-RTL3 Class M1 | CMO Series 2025-RTL3 Class M1 |
| 08/25/2040 | &nbsp;&nbsp; 6.891% | 1800000 | &nbsp;&nbsp; 1806750 |
| Mello Mortgage Capital Acceptance<sup>(a),(o)</sup>  | Mello Mortgage Capital Acceptance<sup>(a),(o)</sup>  | Mello Mortgage Capital Acceptance<sup>(a),(o)</sup>  | Mello Mortgage Capital Acceptance<sup>(a),(o)</sup>  |
| CMO Series 2024-SD1 Class M2 | CMO Series 2024-SD1 Class M2 | CMO Series 2024-SD1 Class M2 | CMO Series 2024-SD1 Class M2 |
| 04/25/2054 | &nbsp;&nbsp; 4.000% | 5802000 | &nbsp;&nbsp; 5317877 |
| MFA Trust<sup>(a),(g)</sup>  | MFA Trust<sup>(a),(g)</sup>  | MFA Trust<sup>(a),(g)</sup>  | MFA Trust<sup>(a),(g)</sup>  |
| CMO Series 2020-NQM3 Class M1 | CMO Series 2020-NQM3 Class M1 | CMO Series 2020-NQM3 Class M1 | CMO Series 2020-NQM3 Class M1 |
| 01/26/2065 | &nbsp;&nbsp; 2.654% | 3500000 | &nbsp;&nbsp; 3198254 |
| Subordinated CMO Series 2020-NQM3 Class B1 | Subordinated CMO Series 2020-NQM3 Class B1 | Subordinated CMO Series 2020-NQM3 Class B1 | Subordinated CMO Series 2020-NQM3 Class B1 |
| 01/26/2065 | &nbsp;&nbsp; 3.661% | 6250000 | &nbsp;&nbsp; 5709336 |
| MFA Trust<sup>(o)</sup>  | MFA Trust<sup>(o)</sup>  | MFA Trust<sup>(o)</sup>  | MFA Trust<sup>(o)</sup>  |
| CMO Series 2024-NPL1 Class A1 | CMO Series 2024-NPL1 Class A1 | CMO Series 2024-NPL1 Class A1 | CMO Series 2024-NPL1 Class A1 |
| 09/25/2054 | &nbsp;&nbsp; 6.330% | 16218346 | &nbsp;&nbsp; 16276075 |
| New Residential Mortgage Loan Trust<sup>(a),(g),(h)</sup>  | New Residential Mortgage Loan Trust<sup>(a),(g),(h)</sup>  | New Residential Mortgage Loan Trust<sup>(a),(g),(h)</sup>  | New Residential Mortgage Loan Trust<sup>(a),(g),(h)</sup>  |
| CMO Series 2014-1A Class AIO | CMO Series 2014-1A Class AIO | CMO Series 2014-1A Class AIO | CMO Series 2014-1A Class AIO |
| 01/25/2054 | &nbsp;&nbsp; 2.067% | 2934235 | &nbsp;&nbsp; 129122 |
| New Residential Mortgage Loan Trust<sup>(a),(g)</sup>  | New Residential Mortgage Loan Trust<sup>(a),(g)</sup>  | New Residential Mortgage Loan Trust<sup>(a),(g)</sup>  | New Residential Mortgage Loan Trust<sup>(a),(g)</sup>  |
| Subordinated CMO Series 2019-RPL3 Class B4 | Subordinated CMO Series 2019-RPL3 Class B4 | Subordinated CMO Series 2019-RPL3 Class B4 | Subordinated CMO Series 2019-RPL3 Class B4 |
| 07/25/2059 | &nbsp;&nbsp; 3.982% | 9250000 | &nbsp;&nbsp; 6805958 |
| Subordinated CMO Series 2022-NQM2 Class B1 | Subordinated CMO Series 2022-NQM2 Class B1 | Subordinated CMO Series 2022-NQM2 Class B1 | Subordinated CMO Series 2022-NQM2 Class B1 |
| 03/27/2062 | &nbsp;&nbsp; 3.859% | 2887000 | &nbsp;&nbsp; 2068613 |
| Subordinated CMO Series 2024-RPL1 Class B4 | Subordinated CMO Series 2024-RPL1 Class B4 | Subordinated CMO Series 2024-RPL1 Class B4 | Subordinated CMO Series 2024-RPL1 Class B4 |
| 01/25/2064 | &nbsp;&nbsp; 3.876% | 6748000 | &nbsp;&nbsp; 4362423 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Subordinated CMO Series 2024-RPL1 Class B5 | Subordinated CMO Series 2024-RPL1 Class B5 | Subordinated CMO Series 2024-RPL1 Class B5 | Subordinated CMO Series 2024-RPL1 Class B5 |
| 01/25/2064 | &nbsp;&nbsp; 3.876% | 5287000 | &nbsp;&nbsp; 2953837 |
| NRZ Excess Spread-Collateralized Notes<sup>(a)</sup>  | NRZ Excess Spread-Collateralized Notes<sup>(a)</sup>  | NRZ Excess Spread-Collateralized Notes<sup>(a)</sup>  | NRZ Excess Spread-Collateralized Notes<sup>(a)</sup>  |
| Series 2020-PLS1 Class A | Series 2020-PLS1 Class A | Series 2020-PLS1 Class A | Series 2020-PLS1 Class A |
| 12/25/2025 | &nbsp;&nbsp; 3.844% | 1554885 | &nbsp;&nbsp; 1544929 |
| NYMT Loan Trust<sup>(a),(o)</sup>  | NYMT Loan Trust<sup>(a),(o)</sup>  | NYMT Loan Trust<sup>(a),(o)</sup>  | NYMT Loan Trust<sup>(a),(o)</sup>  |
| CMO Series 2024-BPL1 Class A1 | CMO Series 2024-BPL1 Class A1 | CMO Series 2024-BPL1 Class A1 | CMO Series 2024-BPL1 Class A1 |
| 02/25/2029 | &nbsp;&nbsp; 7.154% | 6850000 | &nbsp;&nbsp; 6871350 |
| NYMT Loan Trust<sup>(a),(g)</sup>  | NYMT Loan Trust<sup>(a),(g)</sup>  | NYMT Loan Trust<sup>(a),(g)</sup>  | NYMT Loan Trust<sup>(a),(g)</sup>  |
| CMO Series 2024-CP1 Class A2 | CMO Series 2024-CP1 Class A2 | CMO Series 2024-CP1 Class A2 | CMO Series 2024-CP1 Class A2 |
| 02/25/2068 | &nbsp;&nbsp; 3.952% | 5295000 | &nbsp;&nbsp; 4182683 |
| CMO Series 2024-CP1 Class M1 | CMO Series 2024-CP1 Class M1 | CMO Series 2024-CP1 Class M1 | CMO Series 2024-CP1 Class M1 |
| 02/25/2068 | &nbsp;&nbsp; 3.952% | 2350000 | &nbsp;&nbsp; 1744312 |
| NYMT Loan Trust<sup>(a)</sup>  | NYMT Loan Trust<sup>(a)</sup>  | NYMT Loan Trust<sup>(a)</sup>  | NYMT Loan Trust<sup>(a)</sup>  |
| CMO Series 2025-R1 Class A | CMO Series 2025-R1 Class A | CMO Series 2025-R1 Class A | CMO Series 2025-R1 Class A |
| 02/25/2030 | &nbsp;&nbsp; 6.381% | 3889228 | &nbsp;&nbsp; 3894747 |
| NYMT Trust<sup>(a),(o)</sup>  | NYMT Trust<sup>(a),(o)</sup>  | NYMT Trust<sup>(a),(o)</sup>  | NYMT Trust<sup>(a),(o)</sup>  |
| CMO Series 2024-RR1 Class A | CMO Series 2024-RR1 Class A | CMO Series 2024-RR1 Class A | CMO Series 2024-RR1 Class A |
| 05/25/2064 | &nbsp;&nbsp; 7.375% | 13623590 | &nbsp;&nbsp; 13728287 |
| Oaktown Re VI Ltd.<sup>(a),(d)</sup>  | Oaktown Re VI Ltd.<sup>(a),(d)</sup>  | Oaktown Re VI Ltd.<sup>(a),(d)</sup>  | Oaktown Re VI Ltd.<sup>(a),(d)</sup>  |
| CMO Series 2021-1A Class B1 | CMO Series 2021-1A Class B1 | CMO Series 2021-1A Class B1 | CMO Series 2021-1A Class B1 |
| &nbsp;&nbsp; 30-day Average SOFR + <br> 5.500% <br>Floor 5.500% <br>10/25/2033<br>| &nbsp;&nbsp; 9.848% | 2373000 | &nbsp;&nbsp; 2423328 |
| CMO Series 2021-1A Class M2 | CMO Series 2021-1A Class M2 | CMO Series 2021-1A Class M2 | CMO Series 2021-1A Class M2 |
| &nbsp;&nbsp; 30-day Average SOFR + <br> 3.950% <br>Floor 3.950% <br>10/25/2033<br>| &nbsp;&nbsp; 8.298% | 6500000 | &nbsp;&nbsp; 6601862 |
| OBX Trust<sup>(a),(g)</sup>  | OBX Trust<sup>(a),(g)</sup>  | OBX Trust<sup>(a),(g)</sup>  | OBX Trust<sup>(a),(g)</sup>  |
| CMO Series 2021-NQM2 Class A1 | CMO Series 2021-NQM2 Class A1 | CMO Series 2021-NQM2 Class A1 | CMO Series 2021-NQM2 Class A1 |
| 05/25/2061 | &nbsp;&nbsp; 1.101% | 6799124 | &nbsp;&nbsp; 5624832 |
| CMO Series 2021-NQM3 Class A1 | CMO Series 2021-NQM3 Class A1 | CMO Series 2021-NQM3 Class A1 | CMO Series 2021-NQM3 Class A1 |
| 07/25/2061 | &nbsp;&nbsp; 1.054% | 4875150 | &nbsp;&nbsp; 4015663 |
| OSAT Trust<sup>(a),(o)</sup>  | OSAT Trust<sup>(a),(o)</sup>  | OSAT Trust<sup>(a),(o)</sup>  | OSAT Trust<sup>(a),(o)</sup>  |
| CMO Series 2021-RPL1 Class A2 | CMO Series 2021-RPL1 Class A2 | CMO Series 2021-RPL1 Class A2 | CMO Series 2021-RPL1 Class A2 |
| 05/25/2065 | &nbsp;&nbsp; 7.967% | 5431096 | &nbsp;&nbsp; 5242911 |
| Point Securitization Trust<sup>(a)</sup>  | Point Securitization Trust<sup>(a)</sup>  | Point Securitization Trust<sup>(a)</sup>  | Point Securitization Trust<sup>(a)</sup>  |
| CMO Series 2025-1 Class A1 | CMO Series 2025-1 Class A1 | CMO Series 2025-1 Class A1 | CMO Series 2025-1 Class A1 |
| 06/25/2055 | &nbsp;&nbsp; 6.250% | 7630559 | &nbsp;&nbsp; 7626074 |
| Preston Ridge Partners Mortgage Trust<sup>(a),(o)</sup>  | Preston Ridge Partners Mortgage Trust<sup>(a),(o)</sup>  | Preston Ridge Partners Mortgage Trust<sup>(a),(o)</sup>  | Preston Ridge Partners Mortgage Trust<sup>(a),(o)</sup>  |
| CMO Series 2023-RCF1 Class M2 | CMO Series 2023-RCF1 Class M2 | CMO Series 2023-RCF1 Class M2 | CMO Series 2023-RCF1 Class M2 |
| 06/25/2053 | &nbsp;&nbsp; 4.000% | 7802000 | &nbsp;&nbsp; 7319647 |
| CMO Series 2023-RCF2 Class M1 | CMO Series 2023-RCF2 Class M1 | CMO Series 2023-RCF2 Class M1 | CMO Series 2023-RCF2 Class M1 |
| 11/25/2053 | &nbsp;&nbsp; 4.000% | 1724000 | &nbsp;&nbsp; 1650747 |
| CMO Series 2023-RCF2 Class M2 | CMO Series 2023-RCF2 Class M2 | CMO Series 2023-RCF2 Class M2 | CMO Series 2023-RCF2 Class M2 |
| 11/25/2053 | &nbsp;&nbsp; 4.000% | 3688000 | &nbsp;&nbsp; 3415253 |

---

Columbia Mortgage Opportunities Fund \| 2025

------

Portfolio of Investments (continued)

Columbia Mortgage Opportunities Fund, August 31, 2025 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| PRET LLC<sup>(a),(o)</sup>  | PRET LLC<sup>(a),(o)</sup>  | PRET LLC<sup>(a),(o)</sup>  | PRET LLC<sup>(a),(o)</sup>  |
| CMO Series 2024-NPL5 Class A1 | CMO Series 2024-NPL5 Class A1 | CMO Series 2024-NPL5 Class A1 | CMO Series 2024-NPL5 Class A1 |
| 09/25/2054 | &nbsp;&nbsp; 5.963% | 9541464 | &nbsp;&nbsp; 9541565 |
| CMO Series 2024-NPL5 Class A2 | CMO Series 2024-NPL5 Class A2 | CMO Series 2024-NPL5 Class A2 | CMO Series 2024-NPL5 Class A2 |
| 09/25/2054 | &nbsp;&nbsp; 8.835% | 5000000 | &nbsp;&nbsp; 5002223 |
| CMO Series 2024-NPL6 Class A2 | CMO Series 2024-NPL6 Class A2 | CMO Series 2024-NPL6 Class A2 | CMO Series 2024-NPL6 Class A2 |
| 10/25/2054 | &nbsp;&nbsp; 8.716% | 10875000 | &nbsp;&nbsp; 10885256 |
| CMO Series 2024-NPL7 Class A2 | CMO Series 2024-NPL7 Class A2 | CMO Series 2024-NPL7 Class A2 | CMO Series 2024-NPL7 Class A2 |
| 10/25/2054 | &nbsp;&nbsp; 8.956% | 10000000 | &nbsp;&nbsp; 10022192 |
| CMO Series 2024-NPL9 Class A2 | CMO Series 2024-NPL9 Class A2 | CMO Series 2024-NPL9 Class A2 | CMO Series 2024-NPL9 Class A2 |
| 12/25/2054 | &nbsp;&nbsp; 8.590% | 9050000 | &nbsp;&nbsp; 9068905 |
| Pretium Mortgage Credit Partners LLC<sup>(a),(o)</sup>  | Pretium Mortgage Credit Partners LLC<sup>(a),(o)</sup>  | Pretium Mortgage Credit Partners LLC<sup>(a),(o)</sup>  | Pretium Mortgage Credit Partners LLC<sup>(a),(o)</sup>  |
| CMO Series 2021-RN2 Class A1 | CMO Series 2021-RN2 Class A1 | CMO Series 2021-RN2 Class A1 | CMO Series 2021-RN2 Class A1 |
| 07/25/2051 | &nbsp;&nbsp; 4.744% | 2387555 | &nbsp;&nbsp; 2385857 |
| PRKCM Trust<sup>(a),(g)</sup>  | PRKCM Trust<sup>(a),(g)</sup>  | PRKCM Trust<sup>(a),(g)</sup>  | PRKCM Trust<sup>(a),(g)</sup>  |
| CMO Series 2022-AFC1 Class A3 | CMO Series 2022-AFC1 Class A3 | CMO Series 2022-AFC1 Class A3 | CMO Series 2022-AFC1 Class A3 |
| 04/25/2057 | &nbsp;&nbsp; 4.100% | 5715551 | &nbsp;&nbsp; 5459981 |
| PRPM LLC<sup>(a),(o)</sup>  | PRPM LLC<sup>(a),(o)</sup>  | PRPM LLC<sup>(a),(o)</sup>  | PRPM LLC<sup>(a),(o)</sup>  |
| CMO Series 2025-RPL1 Class M2 | CMO Series 2025-RPL1 Class M2 | CMO Series 2025-RPL1 Class M2 | CMO Series 2025-RPL1 Class M2 |
| 03/25/2055 | &nbsp;&nbsp; 4.000% | 9500000 | &nbsp;&nbsp; 8351714 |
| PRPM LLC<sup>(a),(o)</sup>  | PRPM LLC<sup>(a),(o)</sup>  | PRPM LLC<sup>(a),(o)</sup>  | PRPM LLC<sup>(a),(o)</sup>  |
| CMO Series 2024-5 Class A1 | CMO Series 2024-5 Class A1 | CMO Series 2024-5 Class A1 | CMO Series 2024-5 Class A1 |
| 09/25/2029 | &nbsp;&nbsp; 5.689% | 4771436 | &nbsp;&nbsp; 4770803 |
| CMO Series 2024-5 Class A2 | CMO Series 2024-5 Class A2 | CMO Series 2024-5 Class A2 | CMO Series 2024-5 Class A2 |
| 09/25/2029 | &nbsp;&nbsp; 9.076% | 2800000 | &nbsp;&nbsp; 2802190 |
| CMO Series 2024-7 Class A1 | CMO Series 2024-7 Class A1 | CMO Series 2024-7 Class A1 | CMO Series 2024-7 Class A1 |
| 11/25/2029 | &nbsp;&nbsp; 5.870% | 7631865 | &nbsp;&nbsp; 7662446 |
| CMO Series 2024-8 Class A1 | CMO Series 2024-8 Class A1 | CMO Series 2024-8 Class A1 | CMO Series 2024-8 Class A1 |
| 12/25/2029 | &nbsp;&nbsp; 5.897% | 4718799 | &nbsp;&nbsp; 4720271 |
| CMO Series 2024-8 Class A2 | CMO Series 2024-8 Class A2 | CMO Series 2024-8 Class A2 | CMO Series 2024-8 Class A2 |
| 12/25/2029 | &nbsp;&nbsp; 8.836% | 6100000 | &nbsp;&nbsp; 6115914 |
| CMO Series 2024-RCF1 Class M1 | CMO Series 2024-RCF1 Class M1 | CMO Series 2024-RCF1 Class M1 | CMO Series 2024-RCF1 Class M1 |
| 01/25/2054 | &nbsp;&nbsp; 4.000% | 1850000 | &nbsp;&nbsp; 1762262 |
| CMO Series 2024-RCF1 Class M2 | CMO Series 2024-RCF1 Class M2 | CMO Series 2024-RCF1 Class M2 | CMO Series 2024-RCF1 Class M2 |
| 01/25/2054 | &nbsp;&nbsp; 4.000% | 9750000 | &nbsp;&nbsp; 8981023 |
| CMO Series 2024-RCF2 Class M1 | CMO Series 2024-RCF2 Class M1 | CMO Series 2024-RCF2 Class M1 | CMO Series 2024-RCF2 Class M1 |
| 03/25/2054 | &nbsp;&nbsp; 3.750% | 2800000 | &nbsp;&nbsp; 2639965 |
| CMO Series 2024-RCF2 Class M2 | CMO Series 2024-RCF2 Class M2 | CMO Series 2024-RCF2 Class M2 | CMO Series 2024-RCF2 Class M2 |
| 03/25/2054 | &nbsp;&nbsp; 3.750% | 11150000 | &nbsp;&nbsp; 10131003 |
| CMO Series 2024-RCF3 Class M2 | CMO Series 2024-RCF3 Class M2 | CMO Series 2024-RCF3 Class M2 | CMO Series 2024-RCF3 Class M2 |
| 05/25/2054 | &nbsp;&nbsp; 4.000% | 2250000 | &nbsp;&nbsp; 2050956 |
| CMO Series 2024-RCF4 Class M1 | CMO Series 2024-RCF4 Class M1 | CMO Series 2024-RCF4 Class M1 | CMO Series 2024-RCF4 Class M1 |
| 07/25/2054 | &nbsp;&nbsp; 4.000% | 2335000 | &nbsp;&nbsp; 2175225 |
| CMO Series 2024-RCF4 Class M2 | CMO Series 2024-RCF4 Class M2 | CMO Series 2024-RCF4 Class M2 | CMO Series 2024-RCF4 Class M2 |
| 07/25/2054 | &nbsp;&nbsp; 4.000% | 1910000 | &nbsp;&nbsp; 1732090 |
| CMO Series 2024-RCF6 Class M1 | CMO Series 2024-RCF6 Class M1 | CMO Series 2024-RCF6 Class M1 | CMO Series 2024-RCF6 Class M1 |
| 10/25/2054 | &nbsp;&nbsp; 4.000% | 2350000 | &nbsp;&nbsp; 2207586 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| CMO Series 2024-RCF6 Class M2 | CMO Series 2024-RCF6 Class M2 | CMO Series 2024-RCF6 Class M2 | CMO Series 2024-RCF6 Class M2 |
| 10/25/2054 | &nbsp;&nbsp; 4.000% | 4088000 | &nbsp;&nbsp; 3677294 |
| CMO Series 2024-RPL4 Class M1 | CMO Series 2024-RPL4 Class M1 | CMO Series 2024-RPL4 Class M1 | CMO Series 2024-RPL4 Class M1 |
| 12/25/2054 | &nbsp;&nbsp; 4.000% | 4700000 | &nbsp;&nbsp; 4409039 |
| CMO Series 2024-RPL4 Class M2 | CMO Series 2024-RPL4 Class M2 | CMO Series 2024-RPL4 Class M2 | CMO Series 2024-RPL4 Class M2 |
| 12/25/2054 | &nbsp;&nbsp; 4.000% | 4408000 | &nbsp;&nbsp; 3929043 |
| CMO Series 2025-2 Class A2 | CMO Series 2025-2 Class A2 | CMO Series 2025-2 Class A2 | CMO Series 2025-2 Class A2 |
| 05/25/2030 | &nbsp;&nbsp; 9.560% | 4900000 | &nbsp;&nbsp; 4942754 |
| CMO Series 2025-RCF4 Class M1B | CMO Series 2025-RCF4 Class M1B | CMO Series 2025-RCF4 Class M1B | CMO Series 2025-RCF4 Class M1B |
| 08/25/2055 | &nbsp;&nbsp; 4.500% | 477000 | &nbsp;&nbsp; 440731 |
| CMO Series 2025-RCF4 Class M2 | CMO Series 2025-RCF4 Class M2 | CMO Series 2025-RCF4 Class M2 | CMO Series 2025-RCF4 Class M2 |
| 08/25/2055 | &nbsp;&nbsp; 4.500% | 2000000 | &nbsp;&nbsp; 1803579 |
| PRPM LLC<sup>(a),(g)</sup>  | PRPM LLC<sup>(a),(g)</sup>  | PRPM LLC<sup>(a),(g)</sup>  | PRPM LLC<sup>(a),(g)</sup>  |
| CMO Series 2025-RCF3 Class M1A | CMO Series 2025-RCF3 Class M1A | CMO Series 2025-RCF3 Class M1A | CMO Series 2025-RCF3 Class M1A |
| 07/25/2055 | &nbsp;&nbsp; 5.250% | 1100000 | &nbsp;&nbsp; 1048451 |
| CMO Series 2025-RCF3 Class M1B | CMO Series 2025-RCF3 Class M1B | CMO Series 2025-RCF3 Class M1B | CMO Series 2025-RCF3 Class M1B |
| 07/25/2055 | &nbsp;&nbsp; 5.250% | 1000000 | &nbsp;&nbsp; 938874 |
| CMO Series 2025-RCF3 Class M2 | CMO Series 2025-RCF3 Class M2 | CMO Series 2025-RCF3 Class M2 | CMO Series 2025-RCF3 Class M2 |
| 07/25/2055 | &nbsp;&nbsp; 5.250% | 2000000 | &nbsp;&nbsp; 1831343 |
| PRPM Trust<sup>(a),(o)</sup>  | PRPM Trust<sup>(a),(o)</sup>  | PRPM Trust<sup>(a),(o)</sup>  | PRPM Trust<sup>(a),(o)</sup>  |
| CMO Series 2025-NQM3 Class A1 | CMO Series 2025-NQM3 Class A1 | CMO Series 2025-NQM3 Class A1 | CMO Series 2025-NQM3 Class A1 |
| 05/25/2070 | &nbsp;&nbsp; 5.606% | 9002887 | &nbsp;&nbsp; 9081384 |
| PRPM Trust<sup>(a),(g)</sup>  | PRPM Trust<sup>(a),(g)</sup>  | PRPM Trust<sup>(a),(g)</sup>  | PRPM Trust<sup>(a),(g)</sup>  |
| Subordinated CMO Series 2022-NQM1 Class B1 | Subordinated CMO Series 2022-NQM1 Class B1 | Subordinated CMO Series 2022-NQM1 Class B1 | Subordinated CMO Series 2022-NQM1 Class B1 |
| 08/25/2067 | &nbsp;&nbsp; 5.404% | 4608000 | &nbsp;&nbsp; 4528216 |
| Subordinated CMO Series 2023-NQM1 Class B1 | Subordinated CMO Series 2023-NQM1 Class B1 | Subordinated CMO Series 2023-NQM1 Class B1 | Subordinated CMO Series 2023-NQM1 Class B1 |
| 01/25/2068 | &nbsp;&nbsp; 6.266% | 2700000 | &nbsp;&nbsp; 2679397 |
| Subordinated CMO Series 2023-NQM3 Class B2 | Subordinated CMO Series 2023-NQM3 Class B2 | Subordinated CMO Series 2023-NQM3 Class B2 | Subordinated CMO Series 2023-NQM3 Class B2 |
| 11/25/2068 | &nbsp;&nbsp; 7.437% | 2043000 | &nbsp;&nbsp; 2038638 |
| Radnor Re Ltd.<sup>(a),(d)</sup>  | Radnor Re Ltd.<sup>(a),(d)</sup>  | Radnor Re Ltd.<sup>(a),(d)</sup>  | Radnor Re Ltd.<sup>(a),(d)</sup>  |
| Subordinated CMO Series 2021-1 Class B1 | Subordinated CMO Series 2021-1 Class B1 | Subordinated CMO Series 2021-1 Class B1 | Subordinated CMO Series 2021-1 Class B1 |
| &nbsp;&nbsp; 30-day Average SOFR + <br> 4.000% <br>Floor 4.000% <br>12/27/2033<br>| &nbsp;&nbsp; 8.350% | 4750000 | &nbsp;&nbsp; 4812635 |
| RCO Trust<sup>(a),(o)</sup>  | RCO Trust<sup>(a),(o)</sup>  | RCO Trust<sup>(a),(o)</sup>  | RCO Trust<sup>(a),(o)</sup>  |
| CMO Series 2025-PR1 Class A | CMO Series 2025-PR1 Class A | CMO Series 2025-PR1 Class A | CMO Series 2025-PR1 Class A |
| 02/25/2055 | &nbsp;&nbsp; 6.250% | 9200000 | &nbsp;&nbsp; 9138093 |
| RCO VIII Mortgage LLC<sup>(a),(o)</sup>  | RCO VIII Mortgage LLC<sup>(a),(o)</sup>  | RCO VIII Mortgage LLC<sup>(a),(o)</sup>  | RCO VIII Mortgage LLC<sup>(a),(o)</sup>  |
| CMO Series 2025-3 Class A1 | CMO Series 2025-3 Class A1 | CMO Series 2025-3 Class A1 | CMO Series 2025-3 Class A1 |
| 05/25/2030 | &nbsp;&nbsp; 6.435% | 6163707 | &nbsp;&nbsp; 6177554 |
| RCO X Mortgage LLC<sup>(a),(o)</sup>  | RCO X Mortgage LLC<sup>(a),(o)</sup>  | RCO X Mortgage LLC<sup>(a),(o)</sup>  | RCO X Mortgage LLC<sup>(a),(o)</sup>  |
| CMO Series 2025-1 Class A1 | CMO Series 2025-1 Class A1 | CMO Series 2025-1 Class A1 | CMO Series 2025-1 Class A1 |
| 01/25/2030 | &nbsp;&nbsp; 5.875% | 7676941 | &nbsp;&nbsp; 7730235 |
| CMO Series 2025-1 Class A2 | CMO Series 2025-1 Class A2 | CMO Series 2025-1 Class A2 | CMO Series 2025-1 Class A2 |
| 01/25/2030 | &nbsp;&nbsp; 8.353% | 7500000 | &nbsp;&nbsp; 7540952 |

---

Columbia Mortgage Opportunities Fund \| 2025

------

Portfolio of Investments (continued)

Columbia Mortgage Opportunities Fund, August 31, 2025 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Residential Mortgage Loan Trust<sup>(a),(g)</sup>  | Residential Mortgage Loan Trust<sup>(a),(g)</sup>  | Residential Mortgage Loan Trust<sup>(a),(g)</sup>  | Residential Mortgage Loan Trust<sup>(a),(g)</sup>  |
| Subordinated CMO Series 2020-1 Class B1 | Subordinated CMO Series 2020-1 Class B1 | Subordinated CMO Series 2020-1 Class B1 | Subordinated CMO Series 2020-1 Class B1 |
| 01/26/2060 | &nbsp;&nbsp; 3.946% | 3938000 | &nbsp;&nbsp; 3769762 |
| RUN Trust<sup>(a),(g)</sup>  | RUN Trust<sup>(a),(g)</sup>  | RUN Trust<sup>(a),(g)</sup>  | RUN Trust<sup>(a),(g)</sup>  |
| CMO Series 2022-NQM1 Class M1 | CMO Series 2022-NQM1 Class M1 | CMO Series 2022-NQM1 Class M1 | CMO Series 2022-NQM1 Class M1 |
| 03/25/2067 | &nbsp;&nbsp; 4.038% | 5595000 | &nbsp;&nbsp; 4492534 |
| SAIF Securitization Trust<sup>(a),(o)</sup>  | SAIF Securitization Trust<sup>(a),(o)</sup>  | SAIF Securitization Trust<sup>(a),(o)</sup>  | SAIF Securitization Trust<sup>(a),(o)</sup>  |
| CMO Series 2025-CES1 Class M1 | CMO Series 2025-CES1 Class M1 | CMO Series 2025-CES1 Class M1 | CMO Series 2025-CES1 Class M1 |
| 06/25/2065 | &nbsp;&nbsp; 6.240% | 2453220 | &nbsp;&nbsp; 2458169 |
| Saluda Grade Alternative Mortgage Trust<sup>(a),(g)</sup>  | Saluda Grade Alternative Mortgage Trust<sup>(a),(g)</sup>  | Saluda Grade Alternative Mortgage Trust<sup>(a),(g)</sup>  | Saluda Grade Alternative Mortgage Trust<sup>(a),(g)</sup>  |
| Subordinated CMO Series 2022-INV1 Class B1 | Subordinated CMO Series 2022-INV1 Class B1 | Subordinated CMO Series 2022-INV1 Class B1 | Subordinated CMO Series 2022-INV1 Class B1 |
| 04/25/2067 | &nbsp;&nbsp; 5.143% | 5198000 | &nbsp;&nbsp; 4077875 |
| Subordinated CMO Series 2022-INV1 Class B2 | Subordinated CMO Series 2022-INV1 Class B2 | Subordinated CMO Series 2022-INV1 Class B2 | Subordinated CMO Series 2022-INV1 Class B2 |
| 04/25/2067 | &nbsp;&nbsp; 5.143% | 4958000 | &nbsp;&nbsp; 3568141 |
| Subordinated CMO Series 2023-FIG3 Class CE | Subordinated CMO Series 2023-FIG3 Class CE | Subordinated CMO Series 2023-FIG3 Class CE | Subordinated CMO Series 2023-FIG3 Class CE |
| 08/25/2053 | &nbsp;&nbsp; 3.990% | 6227871 | &nbsp;&nbsp; 9237945 |
| Subordinated CMO Series 2023-FIG4 Class CE | Subordinated CMO Series 2023-FIG4 Class CE | Subordinated CMO Series 2023-FIG4 Class CE | Subordinated CMO Series 2023-FIG4 Class CE |
| 11/25/2053 | &nbsp;&nbsp; 49.381% | 7344855 | &nbsp;&nbsp; 12710133 |
| Subordinated CMO Series 2024-CES1 Class B1 | Subordinated CMO Series 2024-CES1 Class B1 | Subordinated CMO Series 2024-CES1 Class B1 | Subordinated CMO Series 2024-CES1 Class B1 |
| 03/25/2054 | &nbsp;&nbsp; 8.243% | 12120000 | &nbsp;&nbsp; 12381032 |
| Stanwich Mortgage Loan Co. LLC<sup>(a),(o)</sup>  | Stanwich Mortgage Loan Co. LLC<sup>(a),(o)</sup>  | Stanwich Mortgage Loan Co. LLC<sup>(a),(o)</sup>  | Stanwich Mortgage Loan Co. LLC<sup>(a),(o)</sup>  |
| CMO Series 2021-NPB1 Class A2 | CMO Series 2021-NPB1 Class A2 | CMO Series 2021-NPB1 Class A2 | CMO Series 2021-NPB1 Class A2 |
| 10/16/2026 | &nbsp;&nbsp; 4.375% | 13742169 | &nbsp;&nbsp; 13730942 |
| Starwood Mortgage Residential Trust<sup>(a),(g)</sup>  | Starwood Mortgage Residential Trust<sup>(a),(g)</sup>  | Starwood Mortgage Residential Trust<sup>(a),(g)</sup>  | Starwood Mortgage Residential Trust<sup>(a),(g)</sup>  |
| CMO Series 2020-3 Class B1 | CMO Series 2020-3 Class B1 | CMO Series 2020-3 Class B1 | CMO Series 2020-3 Class B1 |
| 04/25/2065 | &nbsp;&nbsp; 4.750% | 4750000 | &nbsp;&nbsp; 4443672 |
| CMO Series 2021-3 Class A1 | CMO Series 2021-3 Class A1 | CMO Series 2021-3 Class A1 | CMO Series 2021-3 Class A1 |
| 06/25/2056 | &nbsp;&nbsp; 1.127% | 3320771 | &nbsp;&nbsp; 2943896 |
| Starwood Mortgage Residential Trust<sup>(a)</sup>  | Starwood Mortgage Residential Trust<sup>(a)</sup>  | Starwood Mortgage Residential Trust<sup>(a)</sup>  | Starwood Mortgage Residential Trust<sup>(a)</sup>  |
| Subordinated CMO Series 2020-INV1 Class B1 | Subordinated CMO Series 2020-INV1 Class B1 | Subordinated CMO Series 2020-INV1 Class B1 | Subordinated CMO Series 2020-INV1 Class B1 |
| 11/25/2055 | &nbsp;&nbsp; 3.257% | 3200000 | &nbsp;&nbsp; 2913715 |
| Subordinated CMO Series 2020-INV1 Class B2 | Subordinated CMO Series 2020-INV1 Class B2 | Subordinated CMO Series 2020-INV1 Class B2 | Subordinated CMO Series 2020-INV1 Class B2 |
| 11/25/2055 | &nbsp;&nbsp; 4.261% | 1400000 | &nbsp;&nbsp; 1292675 |
| Toorak Mortgage Trust<sup>(a),(g)</sup>  | Toorak Mortgage Trust<sup>(a),(g)</sup>  | Toorak Mortgage Trust<sup>(a),(g)</sup>  | Toorak Mortgage Trust<sup>(a),(g)</sup>  |
| CMO Series 2024-RRT1 Class B2 | CMO Series 2024-RRT1 Class B2 | CMO Series 2024-RRT1 Class B2 | CMO Series 2024-RRT1 Class B2 |
| 02/25/2039 | &nbsp;&nbsp; 10.123% | 1968000 | &nbsp;&nbsp; 1987164 |
| CMO Series 2024-RRTL2 Class M1 | CMO Series 2024-RRTL2 Class M1 | CMO Series 2024-RRTL2 Class M1 | CMO Series 2024-RRTL2 Class M1 |
| 09/25/2039 | &nbsp;&nbsp; 7.257% | 5375000 | &nbsp;&nbsp; 5359568 |
| CMO Series 2025-RRTL1 Class B1 | CMO Series 2025-RRTL1 Class B1 | CMO Series 2025-RRTL1 Class B1 | CMO Series 2025-RRTL1 Class B1 |
| 02/25/2040 | &nbsp;&nbsp; 8.342% | 3800000 | &nbsp;&nbsp; 3849923 |
| Subordinated CMO Series 2024-RRTL1 Class B1 | Subordinated CMO Series 2024-RRTL1 Class B1 | Subordinated CMO Series 2024-RRTL1 Class B1 | Subordinated CMO Series 2024-RRTL1 Class B1 |
| 02/25/2039 | &nbsp;&nbsp; 10.123% | 5700000 | &nbsp;&nbsp; 5771902 |
| Subordinated CMO Series 2024-RRTL2 Class B1 | Subordinated CMO Series 2024-RRTL2 Class B1 | Subordinated CMO Series 2024-RRTL2 Class B1 | Subordinated CMO Series 2024-RRTL2 Class B1 |
| 09/25/2039 | &nbsp;&nbsp; 8.178% | 2750000 | &nbsp;&nbsp; 2742469 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| Triangle Re Ltd.<sup>(a),(d)</sup>  | Triangle Re Ltd.<sup>(a),(d)</sup>  | Triangle Re Ltd.<sup>(a),(d)</sup>  | Triangle Re Ltd.<sup>(a),(d)</sup>  |
| CMO Series 2021-2 Class M2 | CMO Series 2021-2 Class M2 | CMO Series 2021-2 Class M2 | CMO Series 2021-2 Class M2 |
| &nbsp;&nbsp; 1-month Term SOFR + <br> 5.614% <br>10/25/2033<br>| &nbsp;&nbsp; 9.946% | 9283470 | &nbsp;&nbsp; 9483584 |
| Subordinated CMO Series 2021-2 Class B1 | Subordinated CMO Series 2021-2 Class B1 | Subordinated CMO Series 2021-2 Class B1 | Subordinated CMO Series 2021-2 Class B1 |
| &nbsp;&nbsp; 1-month Term SOFR + <br> 7.614% <br>10/25/2033<br>| &nbsp;&nbsp; 11.946% | 7100000 | &nbsp;&nbsp; 7392477 |
| VCAT LLC<sup>(a),(o)</sup>  | VCAT LLC<sup>(a),(o)</sup>  | VCAT LLC<sup>(a),(o)</sup>  | VCAT LLC<sup>(a),(o)</sup>  |
| CMO Series 2025-NPL2 Class A1 | CMO Series 2025-NPL2 Class A1 | CMO Series 2025-NPL2 Class A1 | CMO Series 2025-NPL2 Class A1 |
| 09/25/2054 | &nbsp;&nbsp; 5.977% | 7593267 | &nbsp;&nbsp; 7668715 |
| VCC Trust<sup>(a),(o)</sup>  | VCC Trust<sup>(a),(o)</sup>  | VCC Trust<sup>(a),(o)</sup>  | VCC Trust<sup>(a),(o)</sup>  |
| CMO Series 2025-MC1 Class A2 | CMO Series 2025-MC1 Class A2 | CMO Series 2025-MC1 Class A2 | CMO Series 2025-MC1 Class A2 |
| 05/25/2055 | &nbsp;&nbsp; 12.047% | 5214000 | &nbsp;&nbsp; 5208625 |
| Vericrest Opportunity Loan Transferee<sup>(a),(o)</sup>  | Vericrest Opportunity Loan Transferee<sup>(a),(o)</sup>  | Vericrest Opportunity Loan Transferee<sup>(a),(o)</sup>  | Vericrest Opportunity Loan Transferee<sup>(a),(o)</sup>  |
| CMO Series 2021-NPL4 Class A1 | CMO Series 2021-NPL4 Class A1 | CMO Series 2021-NPL4 Class A1 | CMO Series 2021-NPL4 Class A1 |
| 03/27/2051 | &nbsp;&nbsp; 2.240% | 1326604 | &nbsp;&nbsp; 1326309 |
| Vericrest Opportunity Loan Transferee XCIV LLC<sup>(a),(o)</sup>  | Vericrest Opportunity Loan Transferee XCIV LLC<sup>(a),(o)</sup>  | Vericrest Opportunity Loan Transferee XCIV LLC<sup>(a),(o)</sup>  | Vericrest Opportunity Loan Transferee XCIV LLC<sup>(a),(o)</sup>  |
| CMO Series 2021-NPL3 Class A1 | CMO Series 2021-NPL3 Class A1 | CMO Series 2021-NPL3 Class A1 | CMO Series 2021-NPL3 Class A1 |
| 02/27/2051 | &nbsp;&nbsp; 2.240% | 148761 | &nbsp;&nbsp; 148776 |
| Vericrest Opportunity Loan Transferee XCVII LLC<sup>(a),(o)</sup>  | Vericrest Opportunity Loan Transferee XCVII LLC<sup>(a),(o)</sup>  | Vericrest Opportunity Loan Transferee XCVII LLC<sup>(a),(o)</sup>  | Vericrest Opportunity Loan Transferee XCVII LLC<sup>(a),(o)</sup>  |
| CMO Series 2021-NPL6 Class A1 | CMO Series 2021-NPL6 Class A1 | CMO Series 2021-NPL6 Class A1 | CMO Series 2021-NPL6 Class A1 |
| 04/25/2051 | &nbsp;&nbsp; 5.240% | 1261993 | &nbsp;&nbsp; 1261590 |
| Verus Securitization Trust<sup>(a),(g)</sup>  | Verus Securitization Trust<sup>(a),(g)</sup>  | Verus Securitization Trust<sup>(a),(g)</sup>  | Verus Securitization Trust<sup>(a),(g)</sup>  |
| CMO Series 2021-4 Class A1 | CMO Series 2021-4 Class A1 | CMO Series 2021-4 Class A1 | CMO Series 2021-4 Class A1 |
| 07/25/2066 | &nbsp;&nbsp; 0.938% | 7331320 | &nbsp;&nbsp; 6165134 |
| Subordinated CMO Series 2022-2 Class B2 | Subordinated CMO Series 2022-2 Class B2 | Subordinated CMO Series 2022-2 Class B2 | Subordinated CMO Series 2022-2 Class B2 |
| 02/25/2067 | &nbsp;&nbsp; 4.264% | 4493200 | &nbsp;&nbsp; 3478879 |
| Subordinated CMO Series 2023-1 Class B1 | Subordinated CMO Series 2023-1 Class B1 | Subordinated CMO Series 2023-1 Class B1 | Subordinated CMO Series 2023-1 Class B1 |
| 12/25/2067 | &nbsp;&nbsp; 6.855% | 7000000 | &nbsp;&nbsp; 6978079 |
| Subordinated CMO Series 2023-INV1 Class B1 | Subordinated CMO Series 2023-INV1 Class B1 | Subordinated CMO Series 2023-INV1 Class B1 | Subordinated CMO Series 2023-INV1 Class B1 |
| 02/25/2068 | &nbsp;&nbsp; 7.474% | 4198000 | &nbsp;&nbsp; 4197670 |
| Subordinated Series 2021-5 Class B1 | Subordinated Series 2021-5 Class B1 | Subordinated Series 2021-5 Class B1 | Subordinated Series 2021-5 Class B1 |
| 09/25/2066 | &nbsp;&nbsp; 3.037% | 3800000 | &nbsp;&nbsp; 2755811 |
| Subordinated Series 2021-5 Class B2 | Subordinated Series 2021-5 Class B2 | Subordinated Series 2021-5 Class B2 | Subordinated Series 2021-5 Class B2 |
| 09/25/2066 | &nbsp;&nbsp; 3.941% | 3500000 | &nbsp;&nbsp; 2669521 |
| Verus Securitization Trust<sup>(a)</sup>  | Verus Securitization Trust<sup>(a)</sup>  | Verus Securitization Trust<sup>(a)</sup>  | Verus Securitization Trust<sup>(a)</sup>  |
| CMO Series 2021-R2 Class M1 | CMO Series 2021-R2 Class M1 | CMO Series 2021-R2 Class M1 | CMO Series 2021-R2 Class M1 |
| 02/25/2064 | &nbsp;&nbsp; 2.244% | 3781000 | &nbsp;&nbsp; 3384516 |
| Visio Trust<sup>(a),(g)</sup>  | Visio Trust<sup>(a),(g)</sup>  | Visio Trust<sup>(a),(g)</sup>  | Visio Trust<sup>(a),(g)</sup>  |
| CMO Series 2019-2 Class M1 | CMO Series 2019-2 Class M1 | CMO Series 2019-2 Class M1 | CMO Series 2019-2 Class M1 |
| 11/25/2054 | &nbsp;&nbsp; 3.260% | 1400000 | &nbsp;&nbsp; 1362360 |
| Subordinated CMO Series 2019-2 Class B1 | Subordinated CMO Series 2019-2 Class B1 | Subordinated CMO Series 2019-2 Class B1 | Subordinated CMO Series 2019-2 Class B1 |
| 11/25/2054 | &nbsp;&nbsp; 3.910% | 1200000 | &nbsp;&nbsp; 1173710 |
| Vista Point Securitization Trust<sup>(a),(g)</sup>  | Vista Point Securitization Trust<sup>(a),(g)</sup>  | Vista Point Securitization Trust<sup>(a),(g)</sup>  | Vista Point Securitization Trust<sup>(a),(g)</sup>  |
| CMO Series 2024-CES3 Class B1 | CMO Series 2024-CES3 Class B1 | CMO Series 2024-CES3 Class B1 | CMO Series 2024-CES3 Class B1 |
| 01/25/2055 | &nbsp;&nbsp; 7.833% | 4700000 | &nbsp;&nbsp; 4769025 |

---

Columbia Mortgage Opportunities Fund \| 2025

------

Portfolio of Investments (continued)

Columbia Mortgage Opportunities Fund, August 31, 2025 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** | **Residential Mortgage-Backed Securities - Non-Agency (continued)** |
| **Issuer** | **Coupon**<br> **Rate**<br>| **Principal**<br> **Amount ($)**<br>| **Value ($)** |
| CMO Series 2024-CES3 Class B2 | CMO Series 2024-CES3 Class B2 | CMO Series 2024-CES3 Class B2 | CMO Series 2024-CES3 Class B2 |
| 01/25/2055 | &nbsp;&nbsp; 9.490% | 2900000 | &nbsp;&nbsp; 3007439 |
| CMO Series 2025-CES1 Class B1 | CMO Series 2025-CES1 Class B1 | CMO Series 2025-CES1 Class B1 | CMO Series 2025-CES1 Class B1 |
| 04/25/2055 | &nbsp;&nbsp; 7.621% | 3929000 | &nbsp;&nbsp; 4022210 |
| CMO Series 2025-CES1 Class B2 | CMO Series 2025-CES1 Class B2 | CMO Series 2025-CES1 Class B2 | CMO Series 2025-CES1 Class B2 |
| 04/25/2055 | &nbsp;&nbsp; 8.956% | 2546000 | &nbsp;&nbsp; 2623629 |
| Subordinated CMO Series 2020-1 Class B1 | Subordinated CMO Series 2020-1 Class B1 | Subordinated CMO Series 2020-1 Class B1 | Subordinated CMO Series 2020-1 Class B1 |
| 03/25/2065 | &nbsp;&nbsp; 5.375% | 2000000 | &nbsp;&nbsp; 2001396 |
| Subordinated CMO Series 2024-CES2 Class B1 | Subordinated CMO Series 2024-CES2 Class B1 | Subordinated CMO Series 2024-CES2 Class B1 | Subordinated CMO Series 2024-CES2 Class B1 |
| 10/25/2054 | &nbsp;&nbsp; 7.498% | 2500000 | &nbsp;&nbsp; 2522767 |
| Vista Point Securitization Trust<sup>(a),(o)</sup>  | Vista Point Securitization Trust<sup>(a),(o)</sup>  | Vista Point Securitization Trust<sup>(a),(o)</sup>  | Vista Point Securitization Trust<sup>(a),(o)</sup>  |
| CMO Series 2025-CES2 Class M1 | CMO Series 2025-CES2 Class M1 | CMO Series 2025-CES2 Class M1 | CMO Series 2025-CES2 Class M1 |
| 08/25/2055 | &nbsp;&nbsp; 6.366% | 8732000 | &nbsp;&nbsp; 8792954 |
| &nbsp;&nbsp; Total Residential Mortgage-Backed Securities - Non-Agency <br>(Cost $1,019,108,185) | &nbsp;&nbsp; Total Residential Mortgage-Backed Securities - Non-Agency <br>(Cost $1,019,108,185) | &nbsp;&nbsp; Total Residential Mortgage-Backed Securities - Non-Agency <br>(Cost $1,019,108,185) | &nbsp;&nbsp; **1051463293** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| **Call Option Contracts Purchased 0.6%** | **Call Option Contracts Purchased 0.6%** |
|  | **Value ($)** |
| (Cost $17,543,359) | &nbsp;&nbsp; **13757348** |
| **Put Option Contracts Purchased 0.5%** | **Put Option Contracts Purchased 0.5%** |
| (Cost $25,507,772) | &nbsp;&nbsp; **11646799** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Money Market Funds 8.9%** | **Money Market Funds 8.9%** | **Money Market Funds 8.9%** |
|  | **Shares** | **Value ($)** |
| Columbia Short-Term Cash Fund, 4.463%<sup>(k),(q)</sup> <br>| &nbsp;&nbsp; 206772867 | &nbsp;&nbsp; 206710835 |
| &nbsp;&nbsp; Total Money Market Funds <br>(Cost $206,692,788) | &nbsp;&nbsp; Total Money Market Funds <br>(Cost $206,692,788) | &nbsp;&nbsp; **206710835** |
| **Total Investments in Securities** <br>**(Cost: $5,157,292,197)** | **Total Investments in Securities** <br>**(Cost: $5,157,292,197)** | &nbsp;&nbsp; **5065458975** |
| **Other Assets & Liabilities, Net** |  | &nbsp;&nbsp; **(2730273722)**<br>|
| **Net Assets** | **Net Assets** | &nbsp;&nbsp; **2335185253** |

---

At August 31, 2025, securities and/or cash totaling $54,256,815 were pledged as collateral.

**Investments in derivatives** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Long futures contracts** | **Long futures contracts** | **Long futures contracts** | **Long futures contracts** | **Long futures contracts** | **Long futures contracts** | **Long futures contracts** |
| **Description** | **Number of** <br>**contracts**<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Expiration** <br>**date**<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Trading** <br>**currency**<br>| &nbsp;&nbsp;&nbsp; **Notional** <br>**amount**<br>| &nbsp;&nbsp;&nbsp; **Value/Unrealized** <br>**appreciation ($)**<br>| &nbsp;&nbsp;&nbsp; **Value/Unrealized** <br>**depreciation ($)**<br>|
| 3-Month SOFR | 2311 | 12/2025 | USD | &nbsp;&nbsp;&nbsp;&nbsp; 554091138 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (234670)<br>|
| U.S. Treasury 5-Year Note | 1299 | 12/2025 | USD | &nbsp;&nbsp;&nbsp;&nbsp; 142199906 | &nbsp;&nbsp;&nbsp;&nbsp; 910581 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| U.S. Treasury Ultra Bond | 103 | 12/2025 | USD | &nbsp;&nbsp;&nbsp;&nbsp; 12005938 | &nbsp;&nbsp;&nbsp;&nbsp; 7892 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| Total |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; 918473 | &nbsp;&nbsp;&nbsp;&nbsp; (234670)<br>|

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Short futures contracts** | **Short futures contracts** | **Short futures contracts** | **Short futures contracts** | **Short futures contracts** | **Short futures contracts** | **Short futures contracts** |
| **Description** | **Number of** <br>**contracts**<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Expiration** <br>**date**<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Trading** <br>**currency**<br>| &nbsp;&nbsp;&nbsp; **Notional** <br>**amount**<br>| &nbsp;&nbsp;&nbsp; **Value/Unrealized** <br>**appreciation ($)**<br>| &nbsp;&nbsp;&nbsp; **Value/Unrealized** <br>**depreciation ($)**<br>|
| 3-Month SOFR | (2301) | 06/2026 | USD | &nbsp;&nbsp;&nbsp;&nbsp; (555029963)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (112778)<br>|
| U.S. Long Bond | (2920) | 12/2025 | USD | &nbsp;&nbsp;&nbsp;&nbsp; (333610000)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (1718353)<br>|
| U.S. Treasury 10-Year Note | (14011) | 12/2025 | USD | &nbsp;&nbsp;&nbsp;&nbsp; (1576237500)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (4631966)<br>|
| U.S. Treasury 2-Year Note | (269) | 12/2025 | USD | &nbsp;&nbsp;&nbsp;&nbsp; (56097008)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (25870)<br>|
| Total |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (6488967)<br>|

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Call option contracts purchased** | **Call option contracts purchased** | **Call option contracts purchased** | **Call option contracts purchased** | **Call option contracts purchased** | **Call option contracts purchased** | **Call option contracts purchased** | **Call option contracts purchased** | **Call option contracts purchased** |
| **Description** | **Counterparty** | &nbsp;&nbsp; **Trading** <br>**currency**<br>| **Notional** <br>**amount**<br>| **Number of** <br>**contracts**<br>| **Exercise** <br>**price/Rate**<br>| **Expiration** <br>**date**<br>| **Cost ($)** | **Value ($)** |
| &nbsp;&nbsp;&nbsp; 10-Year OTC interest rate swap with Citi to <br> receive exercise rate and pay SOFR<br>| Citi | USD | &nbsp;&nbsp; 95000000 | &nbsp;&nbsp; 95000000 | 3.80 | &nbsp;&nbsp; 09/12/2025 | &nbsp;&nbsp; 2018750 | &nbsp;&nbsp; 1056647 |
| &nbsp;&nbsp;&nbsp; 10-Year OTC interest rate swap with Citi to <br> receive exercise rate and pay SOFR<br>| Citi | USD | &nbsp;&nbsp; 285000000 | &nbsp;&nbsp; 285000000 | 3.80 | &nbsp;&nbsp; 10/14/2025 | &nbsp;&nbsp; 6013500 | &nbsp;&nbsp; 4092942 |
| &nbsp;&nbsp;&nbsp; 10-Year OTC interest rate swap with Citi to <br> receive exercise rate and pay SOFR<br>| Citi | USD | &nbsp;&nbsp; 115000000 | &nbsp;&nbsp; 115000000 | 3.50 | &nbsp;&nbsp; 07/09/2026 | &nbsp;&nbsp; 2012500 | &nbsp;&nbsp; 1898167 |
| &nbsp;&nbsp;&nbsp; 10-Year OTC interest rate swap with Morgan <br> Stanley to receive exercise rate and pay <br> SOFR<br>| Morgan Stanley | USD | &nbsp;&nbsp; 84886000 | &nbsp;&nbsp; 84886000 | 3.50 | &nbsp;&nbsp; 06/11/2026 | &nbsp;&nbsp; 1400619 | &nbsp;&nbsp; 1336445 |

---

Columbia Mortgage Opportunities Fund \| 2025

------

Portfolio of Investments (continued)

Columbia Mortgage Opportunities Fund, August 31, 2025 (Unaudited)

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Call option contracts purchased (continued)** | **Call option contracts purchased (continued)** | **Call option contracts purchased (continued)** | **Call option contracts purchased (continued)** | **Call option contracts purchased (continued)** | **Call option contracts purchased (continued)** | **Call option contracts purchased (continued)** | **Call option contracts purchased (continued)** | **Call option contracts purchased (continued)** |
| **Description** | **Counterparty** | &nbsp;&nbsp; **Trading**<br> **currency**<br>| **Notional**<br> **amount**<br>| **Number of**<br> **contracts**<br>| **Exercise**<br> **price/Rate**<br>| **Expiration**<br> **date**<br>| **Cost ($)** | **Value ($)** |
| &nbsp;&nbsp;&nbsp; 30-Year OTC interest rate swap with Citi to <br> receive exercise rate and pay SOFR<br>| Citi | USD | &nbsp;&nbsp; 46489600 | &nbsp;&nbsp; 46489600 | 3.80 | &nbsp;&nbsp; 10/29/2025 | &nbsp;&nbsp; 2277990 | &nbsp;&nbsp; 270407 |
| &nbsp;&nbsp;&nbsp; 5-Year OTC interest rate swap with Morgan <br> Stanley to receive exercise rate and pay <br> SOFR<br>| Morgan Stanley | USD | &nbsp;&nbsp; 200000000 | &nbsp;&nbsp; 200000000 | 3.75 | &nbsp;&nbsp; 05/14/2026 | &nbsp;&nbsp; 3820000 | &nbsp;&nbsp; 5102740 |
| Total |  |  |  |  |  |  | &nbsp;&nbsp; 17543359 | &nbsp;&nbsp; 13757348 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Put option contracts purchased** | **Put option contracts purchased** | **Put option contracts purchased** | **Put option contracts purchased** | **Put option contracts purchased** | **Put option contracts purchased** | **Put option contracts purchased** | **Put option contracts purchased** | **Put option contracts purchased** |
| **Description** | **Counterparty** | &nbsp;&nbsp; **Trading** <br>**currency**<br>| **Notional** <br>**amount**<br>| **Number of** <br>**contracts**<br>| **Exercise** <br>**price/Rate**<br>| **Expiration** <br>**date**<br>| **Cost ($)** | **Value ($)** |
| &nbsp;&nbsp;&nbsp; 10-Year OTC interest rate swap <br> with Morgan Stanley to receive <br> SOFR and pay exercise rate<br>| Morgan Stanley | USD | &nbsp;&nbsp; 150000000 | &nbsp;&nbsp; 150000000 | 3.90 | &nbsp;&nbsp; 09/30/2025 | &nbsp;&nbsp; 2767500 | &nbsp;&nbsp; 280530 |
| &nbsp;&nbsp;&nbsp; 5-Year OTC interest rate swap <br> with Citi to receive SOFR and <br> pay exercise rate<br>| Citi | USD | &nbsp;&nbsp; 190000000 | &nbsp;&nbsp; 190000000 | 4.05 | &nbsp;&nbsp; 09/05/2025 | &nbsp;&nbsp; 1501000 | &nbsp;&nbsp; 19 |
| &nbsp;&nbsp;&nbsp; 5-Year OTC interest rate swap <br> with Citi to receive SOFR and <br> pay exercise rate<br>| Citi | USD | &nbsp;&nbsp; 378000000 | &nbsp;&nbsp; 378000000 | 4.00 | &nbsp;&nbsp; 11/10/2025 | &nbsp;&nbsp; 2627100 | &nbsp;&nbsp; 109960 |
| &nbsp;&nbsp;&nbsp; 5-Year OTC interest rate swap <br> with Citi to receive SOFR and <br> pay exercise rate<br>| Citi | USD | &nbsp;&nbsp; 140000000 | &nbsp;&nbsp; 140000000 | 4.00 | &nbsp;&nbsp; 11/21/2025 | &nbsp;&nbsp; 1255380 | &nbsp;&nbsp; 56854 |
| &nbsp;&nbsp;&nbsp; 5-Year OTC interest rate swap <br> with Citi to receive SOFR and <br> pay exercise rate<br>| Citi | USD | &nbsp;&nbsp; 180000000 | &nbsp;&nbsp; 180000000 | 3.75 | &nbsp;&nbsp; 12/23/2025 | &nbsp;&nbsp; 1440000 | &nbsp;&nbsp; 353538 |
| &nbsp;&nbsp;&nbsp; 5-Year OTC interest rate swap <br> with Goldman Sachs <br> International to receive SOFR <br> and pay exercise rate<br>| Goldman Sachs International | USD | &nbsp;&nbsp; 113000000 | &nbsp;&nbsp; 113000000 | 3.50 | &nbsp;&nbsp; 10/03/2025 | &nbsp;&nbsp; 1327750 | &nbsp;&nbsp; 191196 |
| &nbsp;&nbsp;&nbsp; 5-Year OTC interest rate swap <br> with Goldman Sachs <br> International to receive SOFR <br> and pay exercise rate<br>| Goldman Sachs International | USD | &nbsp;&nbsp; 211382252 | &nbsp;&nbsp; 211382252 | 3.50 | &nbsp;&nbsp; 02/27/2026 | &nbsp;&nbsp; 1373984 | &nbsp;&nbsp; 1389183 |
| &nbsp;&nbsp;&nbsp; 5-Year OTC interest rate swap <br> with Morgan Stanley to receive <br> SOFR and pay exercise rate<br>| Morgan Stanley | USD | &nbsp;&nbsp; 150000000 | &nbsp;&nbsp; 150000000 | 3.75 | &nbsp;&nbsp; 11/28/2025 | &nbsp;&nbsp; 1440000 | &nbsp;&nbsp; 208680 |
| &nbsp;&nbsp;&nbsp; 5-Year OTC interest rate swap <br> with Morgan Stanley to receive <br> SOFR and pay exercise rate<br>| Morgan Stanley | USD | &nbsp;&nbsp; 190000000 | &nbsp;&nbsp; 190000000 | 3.55 | &nbsp;&nbsp; 12/29/2025 | &nbsp;&nbsp; 1767000 | &nbsp;&nbsp; 774345 |
| &nbsp;&nbsp;&nbsp; 5-Year OTC interest rate swap <br> with Morgan Stanley to receive <br> SOFR and pay exercise rate<br>| Morgan Stanley | USD | &nbsp;&nbsp; 286651270 | &nbsp;&nbsp; 286651270 | 3.50 | &nbsp;&nbsp; 02/27/2026 | &nbsp;&nbsp; 2028058 | &nbsp;&nbsp; 1883844 |
| &nbsp;&nbsp;&nbsp; 5-Year OTC interest rate swap <br> with Morgan Stanley to receive <br> SOFR and pay exercise rate<br>| Morgan Stanley | USD | &nbsp;&nbsp; 500000000 | &nbsp;&nbsp; 500000000 | 3.40 | &nbsp;&nbsp; 08/05/2026 | &nbsp;&nbsp; 7980000 | &nbsp;&nbsp; 6398650 |
| Total |  |  |  |  |  |  | &nbsp;&nbsp; 25507772 | &nbsp;&nbsp; 11646799 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Columbia Mortgage Opportunities Fund \| 2025

------

Portfolio of Investments (continued)

Columbia Mortgage Opportunities Fund, August 31, 2025 (Unaudited)

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Call option contracts written** | **Call option contracts written** | **Call option contracts written** | **Call option contracts written** | **Call option contracts written** | **Call option contracts written** | **Call option contracts written** | **Call option contracts written** | **Call option contracts written** |
| **Description** | **Counterparty** | &nbsp;&nbsp; **Trading** <br>**currency**<br>| **Notional** <br>**amount**<br>| **Number of** <br>**contracts**<br>| **Exercise** <br>**price/Rate**<br>| **Expiration** <br>**date**<br>| **Premium** <br>**received ($)**<br>| **Value ($)** |
| &nbsp;&nbsp;&nbsp; 2-Year OTC interest rate swap with Citi to <br> receive SOFR and pay exercise rate<br>| Citi | USD | &nbsp;&nbsp; (600000000)<br>| &nbsp;&nbsp; (600000000)<br>| 3.35 | &nbsp;&nbsp; 09/22/2025 | &nbsp;&nbsp; (900000)<br>| &nbsp;&nbsp; (1014840)<br>|
| &nbsp;&nbsp;&nbsp; 2-Year OTC interest rate swap with Citi to <br> receive SOFR and pay exercise rate<br>| Citi | USD | &nbsp;&nbsp; (425000000)<br>| &nbsp;&nbsp; (425000000)<br>| 3.30 | &nbsp;&nbsp; 09/26/2025 | &nbsp;&nbsp; (595000)<br>| &nbsp;&nbsp; (657050)<br>|
| &nbsp;&nbsp;&nbsp; 2-Year OTC interest rate swap with JPMorgan <br> to receive SOFR and pay exercise rate<br>| JPMorgan | USD | &nbsp;&nbsp; (615000000)<br>| &nbsp;&nbsp; (615000000)<br>| 3.35 | &nbsp;&nbsp; 09/22/2025 | &nbsp;&nbsp; (937875)<br>| &nbsp;&nbsp; (1040211)<br>|
| &nbsp;&nbsp;&nbsp; 5-Year OTC interest rate swap with Citi to <br> receive SOFR and pay exercise rate<br>| Citi | USD | &nbsp;&nbsp; (235000000)<br>| &nbsp;&nbsp; (235000000)<br>| 3.25 | &nbsp;&nbsp; 09/29/2025 | &nbsp;&nbsp; (658000)<br>| &nbsp;&nbsp; (690124)<br>|
| Total |  |  |  |  |  |  | &nbsp;&nbsp; (3090875)<br>| &nbsp;&nbsp; (3402225)<br>|

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Credit default swap contracts - buy protection** | **Credit default swap contracts - buy protection** | **Credit default swap contracts - buy protection** | **Credit default swap contracts - buy protection** | **Credit default swap contracts - buy protection** | **Credit default swap contracts - buy protection** | **Credit default swap contracts - buy protection** | **Credit default swap contracts - buy protection** | **Credit default swap contracts - buy protection** | **Credit default swap contracts - buy protection** | **Credit default swap contracts - buy protection** | **Credit default swap contracts - buy protection** | **Credit default swap contracts - buy protection** |
| **Reference** <br>**entity**<br>| **Counterparty** | **Maturity** <br>**date**<br>| **Pay** <br>**fixed** <br>**rate** <br>**(%)**<br>| **Payment** <br>**frequency**<br>| **Notional** <br>**currency**<br>| **Notional** <br>**amount**<br>| **Value** <br>**($)**<br>| **Periodic** <br>**payments** <br>**receivable** <br>**(payable)** <br>**($)**<br>| **Upfront** <br>**payments** <br>**($)**<br>| **Upfront** <br>**receipts** <br>**($)**<br>| **Unrealized** <br>**appreciation** <br>**($)**<br>| **Unrealized** <br>**depreciation** <br>**($)**<br>|
| &nbsp;&nbsp; CMBX North America <br> Index, Series 11 BBB-<br>| Citi | 11/18/2054 | 3.000 | Monthly | USD | 10000000 | 1188957 | (4167)<br>| 300741 |  | 884049 |  |
| &nbsp;&nbsp; CMBX North America <br> Index, Series 11 BBB-<br>| Citi | 11/18/2054 | 3.000 | Monthly | USD | 10000000 | 1188956 | (4167)<br>| 1305344 |  |  | (120555)<br>|
| &nbsp;&nbsp; CMBX North America <br> Index, Series 11 BBB-<br>| Citi | 11/18/2054 | 3.000 | Monthly | USD | 20500000 | 2437361 | (8542)<br>| 4814780 |  |  | (2385961)<br>|
| &nbsp;&nbsp; CMBX North America <br> Index, Series 11 BBB-<br>| Citi | 11/18/2054 | 3.000 | Monthly | USD | 50000000 | 5944780 | (20833)<br>| 12529688 |  |  | (6605741)<br>|
| &nbsp;&nbsp; CMBX North America <br> Index, Series 11 BBB-<br>| &nbsp;&nbsp; Goldman Sachs <br> International<br>| 11/18/2054 | 3.000 | Monthly | USD | 10000000 | 1188956 | (4167)<br>| 1408605 |  |  | (223816)<br>|
| Total |  |  |  |  |  |  | 11949010 | (41876)<br>| 20359158 |  | 884049 | (9336073)<br>|

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Credit default swap contracts - sell protection** | **Credit default swap contracts - sell protection** | **Credit default swap contracts - sell protection** | **Credit default swap contracts - sell protection** | **Credit default swap contracts - sell protection** | **Credit default swap contracts - sell protection** | **Credit default swap contracts - sell protection** | **Credit default swap contracts - sell protection** | **Credit default swap contracts - sell protection** | **Credit default swap contracts - sell protection** | **Credit default swap contracts - sell protection** | **Credit default swap contracts - sell protection** | **Credit default swap contracts - sell protection** | **Credit default swap contracts - sell protection** |
| **Reference** <br>**entity**<br>| **Counterparty** | **Maturity** <br>**date**<br>| **Receive** <br>**fixed** <br>**rate** <br>**(%)**<br>| **Payment** <br>**frequency**<br>| **Implied** <br>**credit** <br>**spread** <br>**(%)\***<br>| **Notional** <br>**currency**<br>| **Notional** <br>**amount** <br>| **Value** <br>**($)**<br>| **Periodic** <br>**payments** <br>**receivable** <br>**(payable)** <br>**($)**<br>| **Upfront** <br>**payments** <br>**($)**<br>| **Upfront** <br>**receipts** <br>**($)**<br>| **Unrealized** <br>**appreciation** <br>**($)**<br>| **Unrealized** <br>**depreciation** <br>**($)**<br>|
| &nbsp;&nbsp; CMBX North <br> America Index, <br> Series 10 BBB-<br>| Citi | 11/17/2059 | 3.000 | Monthly | 23.204 | USD | 10000000 | (1901763)<br>| 4167 |  | (2002148)<br>| 104552 |  |
| &nbsp;&nbsp; CMBX North <br> America Index, <br> Series 10 BBB-<br>| Citi | 11/17/2059 | 3.000 | Monthly | 23.204 | USD | 10000000 | (1901762)<br>| 4167 |  | (1959097)<br>| 61502 |  |
| &nbsp;&nbsp; CMBX North <br> America Index, <br> Series 10 BBB-<br>| Citi | 11/17/2059 | 3.000 | Monthly | 23.204 | USD | 20000000 | (3803524)<br>| 8333 |  | (2221230)<br>|  | (1573961)<br>|
| &nbsp;&nbsp; CMBX North <br> America Index, <br> Series 16 BBB-<br>| &nbsp;&nbsp; Goldman Sachs <br> International<br>| 04/17/2065 | 3.000 | Monthly | 6.803 | USD | 19000000 | (3044601)<br>| 7917 |  | (2433353)<br>|  | (603331)<br>|
| &nbsp;&nbsp; CMBX North <br> America Index, <br> Series 17 BBB-<br>| &nbsp;&nbsp; Goldman Sachs <br> International<br>| 12/15/2056 | 3.000 | Monthly | 5.661 | USD | 50000000 | (6321684)<br>| 20833 |  | (7500793)<br>| 1199942 |  |
| &nbsp;&nbsp; CMBX North <br> America Index, <br> Series 17 BBB-<br>| &nbsp;&nbsp; Goldman Sachs <br> International<br>| 12/15/2056 | 3.000 | Monthly | 5.661 | USD | 9500000 | (1201119)<br>| 3958 |  | (1689506)<br>| 492345 |  |
| &nbsp;&nbsp; CMBX North <br> America Index, <br> Series 17 BBB-<br>| &nbsp;&nbsp; Goldman Sachs <br> International<br>| 12/15/2056 | 3.000 | Monthly | 5.661 | USD | 9500000 | (1201120)<br>| 3958 |  | (1597114)<br>| 399952 |  |

---

Columbia Mortgage Opportunities Fund \| 2025

------

Portfolio of Investments (continued)

Columbia Mortgage Opportunities Fund, August 31, 2025 (Unaudited)

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Credit default swap contracts - sell protection (continued)** | **Credit default swap contracts - sell protection (continued)** | **Credit default swap contracts - sell protection (continued)** | **Credit default swap contracts - sell protection (continued)** | **Credit default swap contracts - sell protection (continued)** | **Credit default swap contracts - sell protection (continued)** | **Credit default swap contracts - sell protection (continued)** | **Credit default swap contracts - sell protection (continued)** | **Credit default swap contracts - sell protection (continued)** | **Credit default swap contracts - sell protection (continued)** | **Credit default swap contracts - sell protection (continued)** | **Credit default swap contracts - sell protection (continued)** | **Credit default swap contracts - sell protection (continued)** | **Credit default swap contracts - sell protection (continued)** |
| **Reference**<br> **entity**<br>| **Counterparty** | **Maturity**<br> **date**<br>| **Receive**<br> **fixed**<br> **rate**<br> **(%)**<br>| **Payment**<br> **frequency**<br>| **Implied**<br> **credit**<br> **spread**<br> **(%)\***<br>| **Notional**<br> **currency**<br>| **Notional**<br> **amount**<br>| **Value**<br> **($)**<br>| **Periodic**<br> **payments**<br> **receivable**<br> **(payable)**<br> **($)**<br>| **Upfront**<br> **payments**<br> **($)**<br>| **Upfront**<br> **receipts**<br> **($)**<br>| **Unrealized**<br> **appreciation**<br> **($)**<br>| **Unrealized**<br> **depreciation**<br> **($)**<br>|
| &nbsp;&nbsp; CMBX North <br> America Index, <br> Series 17 BBB-<br>| &nbsp;&nbsp; Goldman Sachs <br> International<br>| 12/15/2056 | 3.000 | Monthly | 5.661 | USD | 5000000 | (632169)<br>| 2083 |  | (748676)<br>| 118590 |  |
| &nbsp;&nbsp; CMBX North <br> America Index, <br> Series 17 BBB-<br>| &nbsp;&nbsp; Goldman Sachs <br> International<br>| 12/15/2056 | 3.000 | Monthly | 5.661 | USD | 12000000 | (1517205)<br>| 5000 |  | (1163139)<br>|  | (349066)<br>|
| &nbsp;&nbsp; CMBX North <br> America Index, <br> Series 10 BBB-<br>| Morgan Stanley | 11/17/2059 | 3.000 | Monthly | 23.204 | USD | 8800000 | (1673551)<br>| 3667 |  | (1870651)<br>| 200767 |  |
| &nbsp;&nbsp; CMBX North <br> America Index, <br> Series 10 BBB-<br>| Morgan Stanley | 11/17/2059 | 3.000 | Monthly | 23.204 | USD | 16500000 | (3137907)<br>| 6875 |  | (2993450)<br>|  | (137582)<br>|
| &nbsp;&nbsp; CMBX North <br> America Index, <br> Series 10 BBB-<br>| Morgan Stanley | 11/17/2059 | 3.000 | Monthly | 23.204 | USD | 13000000 | (2472291)<br>| 5417 |  | (1878421)<br>|  | (588453)<br>|
| &nbsp;&nbsp; CMBX North <br> America Index, <br> Series 7 BBB-<br>| Morgan Stanley | 01/17/2047 | 3.000 | Monthly | 19.125 | USD | 1030138 | (126310)<br>| 429 |  | (74587)<br>|  | (51294)<br>|
| &nbsp;&nbsp; CMBX North <br> America Index, <br> Series 7 BBB-<br>| Morgan Stanley | 01/17/2047 | 3.000 | Monthly | 19.125 | USD | 2019878 | (247667)<br>| 842 |  | (96013)<br>|  | (150812)<br>|
| &nbsp;&nbsp; CMBX North <br> America Index, <br> Series 8 BBB-<br>| Morgan Stanley | 10/17/2057 | 3.000 | Monthly | 33.385 | USD | 2036432 | (438373)<br>| 849 |  | (386875)<br>|  | (50649)<br>|
| Total |  |  |  |  |  |  |  | (29621046)<br>| 78495 |  | (28615053)<br>| 2577650 | (3505148)<br>|

---

\* Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as an indicator of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. <br>

**Notes to Portfolio of Investments** 

&nbsp;&nbsp;&nbsp;&nbsp;(a) Represents privately placed and other securities and instruments exempt from Securities
 and Exchange Commission registration (collectively, private placements), such as Section 4(a)(2) and Rule 144A eligible securities, which are often sold only
 to qualified institutional buyers. At August 31, 2025, the total value of these securities amounted to $1,271,733,485, which represents 54.46% of total net assets.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Principal amount represents ownership shares of the Trust.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Security represents a pool of loans that generate cash payments generally over fixed
 periods of time. Such securities entitle the security holders to receive distributions (i.e. principal and interest, net of fees and expenses) that are tied to the payments
 made by the borrower on the underlying loans. Due to the structure of the security the cash payments received are not known until the time of payment. The interest rate
 shown is the stated coupon rate as of August 31, 2025 and is not reflective of the cash flow payments.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Variable rate security. The interest rate shown was the current rate as of August
 31, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;(e) Represents fair value as determined in good faith under procedures approved by the
 Board of Trustees. At August 31, 2025, the total value of these securities amounted to $41,263,021, which represents 1.77% of total net assets.

&nbsp;&nbsp;&nbsp;&nbsp;(f) Valuation based on significant unobservable inputs.

&nbsp;&nbsp;&nbsp;&nbsp;(g) Variable or floating rate security, the interest rate of which adjusts periodically
 based on changes in current interest rates and prepayments on the underlying pool
 of assets. The interest rate shown was the current rate as of August 31, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;(h) Represents interest only securities which have the right to receive the monthly interest
 payments on an underlying pool of mortgage loans.

&nbsp;&nbsp;&nbsp;&nbsp;(i) Represents a security in default.

&nbsp;&nbsp;&nbsp;&nbsp;(j) The Fund's committed equity ownership interest in the joint venture is 17% of the LLC, which is not held in the form of shares. Investments into the LLC will be called from the Fund over a commitment period ending December 31, 2026. Any unfunded commitments
 are indicated as such.

Columbia Mortgage Opportunities Fund \| 2025

------

Portfolio of Investments (continued)

Columbia Mortgage Opportunities Fund, August 31, 2025 (Unaudited)

**Notes to Portfolio of Investments (continued)**

&nbsp;&nbsp;&nbsp;&nbsp;(k) Under Section 2(a)(3) of the Investment Company Act of 1940, an affiliated company is one in which the Fund owns 5% or more of the company's outstanding voting securities, or a company which is under common ownership or control with the Fund.
 The value of the holdings and transactions in these affiliated companies during the period ended August 31, 2025 are as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Affiliated issuers** | **Beginning** <br>**of period($)**<br>| **Purchases($)** | **Sales($)** | **Net change in** <br>**unrealized** <br>**appreciation** <br>**(depreciation)($)**<br>| **End of** <br>**period($)**<br>| **Realized gain** <br>**(loss)($)**<br>| **Dividends($)** | **End of** <br>**period shares**<br>|
| Columbia Short-Term Cash Fund, 4.463% | Columbia Short-Term Cash Fund, 4.463% | Columbia Short-Term Cash Fund, 4.463% | Columbia Short-Term Cash Fund, 4.463% | Columbia Short-Term Cash Fund, 4.463% | Columbia Short-Term Cash Fund, 4.463% | Columbia Short-Term Cash Fund, 4.463% | Columbia Short-Term Cash Fund, 4.463% | Columbia Short-Term Cash Fund, 4.463% |
|  | 185115334 | &nbsp;&nbsp; 321016000 | &nbsp;&nbsp; (299420434)<br>| &nbsp;&nbsp; (65)<br>| &nbsp;&nbsp; 206710835 | &nbsp;&nbsp; (3459)<br>| &nbsp;&nbsp; 1971513 | &nbsp;&nbsp; 206772867 |
| Itasca Park LLC - Unfunded | Itasca Park LLC - Unfunded | Itasca Park LLC - Unfunded | Itasca Park LLC - Unfunded | Itasca Park LLC - Unfunded | Itasca Park LLC - Unfunded | Itasca Park LLC - Unfunded | Itasca Park LLC - Unfunded | Itasca Park LLC - Unfunded |
|  |  | &nbsp;&nbsp; 17300000 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 17300000 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Total | 185115334 |  |  | &nbsp;&nbsp; (65)<br>| &nbsp;&nbsp; 224010835 | &nbsp;&nbsp; (3459)<br>| &nbsp;&nbsp; 1971513 |  |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;(l) Non-income producing investment.

&nbsp;&nbsp;&nbsp;&nbsp;(m) Denotes a restricted security, which is subject to legal or contractual restrictions
 on resale under federal securities laws. Disposal of a restricted investment may involve time-consuming negotiations and expenses, and prompt sale at an acceptable
 price may be difficult to achieve. Private placement securities are generally considered to be restricted, although certain of those securities may be traded between
 qualified institutional investors under the provisions of Section 4(a)(2) and Rule 144A. The Fund will not incur any registration costs upon such a trade. These
 securities are valued at fair value determined in good faith under consistently applied procedures approved by the Fund's Board of Trustees. At August 31, 2025, the total market value of these securities amounted to $17,300,000, which represents 0.74% of total net assets. Additional information on these securities is as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Security** | **Acquisition** <br>**Dates**<br>| **Shares** | **Cost ($)** | **Value ($)** |
| Itasca Park LLC - Unfunded | 07/28/2025 | &nbsp;&nbsp; — | &nbsp;&nbsp; 17300000 | &nbsp;&nbsp; 17300000 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;(n) Represents a security purchased on a when-issued basis.

&nbsp;&nbsp;&nbsp;&nbsp;(o) Represents a variable rate security with a step coupon where the rate adjusts according
 to a schedule for a series of periods, typically lower for an initial period and then increasing to a higher coupon rate thereafter. The interest rate shown was the
 current rate as of August 31, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;(p) Zero coupon bond.

&nbsp;&nbsp;&nbsp;&nbsp;(q) The rate shown is the seven-day current annualized yield at August 31, 2025.

**Abbreviation Legend** 

---

| | |
|:---|:---|
| CMO | Collateralized Mortgage Obligation |
| SOFR | Secured Overnight Financing Rate |
| STRIPS | Separate Trading of Registered Interest and Principal Securities |
| TBA | To Be Announced |

---

**Currency Legend** 

USD US Dollar

Investments are valued using policies described in the Notes to Financial Statements included within the most recent financial statements and additional information.

Columbia Mortgage Opportunities Fund \| 2025

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[THIS PAGE INTENTIONALLY LEFT BLANK]

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You may at any time request, free of charge, to receive a paper copy of this report by calling 800.345.6611.

1QT251_05_R01_(10/25)

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Columbia Funds Series Trust II

- **b. Investment Company Act file number:** 811-21852

- **c. CIK number of Registrant:** 0001352280

- **d. LEI of Registrant:** 549300ETFU8G7TK7WT48

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

  - **Street Address 1:** 290 Congress Street

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02110

  - **Telephone number:** 800-345-6611

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

- **a. Name of Series:** Columbia Mortgage Opportunities Fund

- **b. EDGAR series identifier (if any):** S000045258

- **c. LEI of Series:** 549300WK44U8MSIPOD39

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

- **a. Date of fiscal year-end:** 2026-05-31

- **b. Date as of which information is reported:** 2025-08-31

**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:** $5157919654.41

**Total Liabilities:** $2828764146.36

**Net Assets:** $2329155508.05

**Delayed Delivery Securities:** $2781872039.66

**Cash Not Reported:** $201495.61

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 1563255.176700000000 | **1-Year:** 0.000000000000 | **5-Year:** 0.000000000000 | **10-Year:** 4979.483000000000 | **30-Year:** 325553.060100000000

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

- **3-Month:** -218459.717900000000 | **1-Year:** -34961.235700000000 | **5-Year:** 48717.654900000000 | **10-Year:** 109102.830500000000 | **30-Year:** 484094.581400000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000140950 | 1.53%                | -0.49%               | 1.91%                |
| Class ID C000140951 | 1.59%                | -0.55%               | 1.85%                |
| Class ID C000140954 | 1.68%                | -0.46%               | 1.94%                |
| Class ID C000140955 | 1.67%                | -0.47%               | 1.93%                |
| Class ID C000175684 | 1.68%                | -0.46%               | 1.94%                |
| Class ID C000255612 | 1.67%                | -0.47%               | 1.93%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-2607958.69             | $60339304.08                               |
| Month 2  | $12026169.95             | $-46477845.86                              |
| Month 3  | $23996438.95             | $34990623.47                               |

**Designated Index Information**

- **Index Name:** N/A

- **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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| BXP TRUST BXP_21-601L                                            | BXP_21-601L                    | CUSIP: 05607TAL6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   15400000 | PA      | $11660142.34  | 0.50%             | 2044-01-15      | Variable      | 2.87%                 | No            |                  2 | On Loan: No      |
| BARCLAYS MORTGAGE LOAN TRUST BARC_21-NPL1                        | BARC_21-NPL1                   | CUSIP: 06744JAB2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    3589452 | PA      | $3693153.48   | 0.16%             | 2051-11-25      | Variable      | 4.62%                 | No            |                  2 | On Loan: No      |
| BHMS MORTGAGE TRUST BHMS_25-ATLS                                 | BHMS_25-ATLS                   | CUSIP: 088928AC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3800000 | PA      | $3811875.00   | 0.16%             | 2042-08-15      | Variable      | 6.90%                 | No            |                  2 | On Loan: No      |
| BRAVO RESIDENTIAL FUNDING TRUST BRAVO_20-NQM1                    | BRAVO_20-NQM1                  | CUSIP: 105699AE2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    2200000 | PA      | $2190035.32   | 0.09%             | 2060-05-25      | Variable      | 5.09%                 | No            |                  2 | On Loan: No      |
| BRAVO RESIDENTIAL FUNDING TRUST BRAVO_20-NQM1                    | BRAVO_20-NQM1                  | CUSIP: 105699AF9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    2800000 | PA      | $2796415.72   | 0.12%             | 2060-05-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| BRAVO RESIDENTIAL FUNDING TRUST BRAVO_21-NQM2                    | BRAVO_21-NQM2                  | CUSIP: 10569EAE1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    6626000 | PA      | $6101114.12   | 0.26%             | 2060-03-25      | Variable      | 3.04%                 | No            |                  2 | On Loan: No      |
| BRAVO RESIDENTIAL FUNDING TRUST BRAVO_21-NQM2                    | BRAVO_21-NQM2                  | CUSIP: 10569EAF8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    4100000 | PA      | $3573253.73   | 0.15%             | 2060-03-25      | Variable      | 4.10%                 | No            |                  2 | On Loan: No      |
| COREVEST AMERICAN FINANCE CAFL_25-RTL1                           | CAFL_25-RTL1                   | CUSIP: 124760AC3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    3000000 | PA      | $3065916.90   | 0.13%             | 2040-05-28      | Fixed         | 8.16%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST VERUS_21-5                            | VERUS_21-5                     | CUSIP: 92538KAF0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    3500000 | PA      | $2669521.40   | 0.11%             | 2066-09-25      | Variable      | 3.94%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST VERUS_22-2                            | VERUS_22-2                     | CUSIP: 92538XAF2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    4493200 | PA      | $3478878.97   | 0.15%             | 2067-02-25      | Variable      | 4.26%                 | No            |                  2 | On Loan: No      |
| CHNGE MORTGAGE TRUST CHNGE_22-2                                  | CHNGE_22-2                     | CUSIP: 12546YAC5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    4569000 | PA      | $4015996.57   | 0.17%             | 2067-03-25      | Variable      | 4.59%                 | No            |                  2 | On Loan: No      |
| CHNGE MORTGAGE TRUST CHNGE_23-1                                  | CHNGE_23-1                     | CUSIP: 12547QAC1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    5373000 | PA      | $5372465.92   | 0.23%             | 2058-03-25      | Variable      | 8.12%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST VERUS_23-1                            | VERUS_23-1                     | CUSIP: 92539BAE2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    7000000 | PA      | $6978078.80   | 0.30%             | 2067-12-25      | Variable      | 6.86%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST VERUS_23-INV1                         | VERUS_23-INV1                  | CUSIP: 92539FAE3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    4198000 | PA      | $4197669.62   | 0.18%             | 2068-02-25      | Variable      | 7.47%                 | No            |                  2 | On Loan: No      |
| CHNGE MORTGAGE TRUST CHNGE_23-1                                  | CHNGE_23-1                     | CUSIP: 12547QAD9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    8894000 | PA      | $8859380.11   | 0.38%             | 2058-03-25      | Variable      | 8.24%                 | No            |                  2 | On Loan: No      |
| CHNGE MORTGAGE TRUST CHNGE_22-NQM1                               | CHNGE_22-NQM1                  | CUSIP: 12569CAD3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    3150000 | PA      | $3136675.82   | 0.13%             | 2067-06-25      | Variable      | 5.82%                 | No            |                  2 | On Loan: No      |
| VISIO_19-2                                                       | VISIO_19-2                     | CUSIP: 92837DAD9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1400000 | PA      | $1362359.74   | 0.06%             | 2054-11-25      | Variable      | 3.26%                 | No            |                  2 | On Loan: No      |
| VISIO_19-2                                                       | VISIO_19-2                     | CUSIP: 92837DAE7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1200000 | PA      | $1173710.28   | 0.05%             | 2054-11-25      | Variable      | 3.91%                 | No            |                  2 | On Loan: No      |
| CSMC_14-USA                                                      | CSMC_14-USA                    | CUSIP: 12649AAQ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    5275000 | PA      | $3428802.75   | 0.15%             | 2037-09-15      | Fixed         | 4.37%                 | No            |                  2 | On Loan: No      |
| CSMC_14-USA                                                      | CSMC_14-USA                    | CUSIP: 12649AAS8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   18400000 | PA      | $8004184.00   | 0.34%             | 2037-09-15      | Fixed         | 4.37%                 | No            |                  2 | On Loan: No      |
| VSTA_20-1                                                        | VSTA_20-1                      | CUSIP: 92838WAE4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    2000000 | PA      | $2001395.60   | 0.09%             | 2065-03-25      | Variable      | 5.38%                 | No            |                  2 | On Loan: No      |
| VISTA POINT SECURITIZATION TRUST VSTA_24-CES3                    | VSTA_24-CES3                   | CUSIP: 92841WAE9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    4700000 | PA      | $4769025.14   | 0.20%             | 2055-01-25      | Variable      | 7.83%                 | No            |                  2 | On Loan: No      |
| CGMS_13-3A                                                       | CGMS_13-3A                     | CUSIP: 14310GAU4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   11000000 | PA      | $11006897.00  | 0.47%             | 2030-10-15      | Variable      | 6.28%                 | No            |                  2 | On Loan: No      |
| CARLYLE GLOBAL MARKET STRATEGIES                                 | CGMS_15-4A                     | CUSIP: 14311NAS3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |    7500000 | PA      | $7511302.50   | 0.32%             | 2032-07-20      | Variable      | 8.29%                 | No            |                  2 | On Loan: No      |
| VISTA POINT SECURITIZATION TRUST VSTA_24-CES3                    | VSTA_24-CES3                   | CUSIP: 92841WAF6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    2900000 | PA      | $3007438.62   | 0.13%             | 2055-01-25      | Variable      | 9.49%                 | No            |                  2 | On Loan: No      |
| VISTA POINT SECURITIZATION TRUST VSTA_24-CES2                    | VSTA_24-CES2                   | CUSIP: 92841YAE5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    2500000 | PA      | $2522766.75   | 0.11%             | 2054-10-25      | Variable      | 7.50%                 | No            |                  2 | On Loan: No      |
| CHNGE MORTGAGE TRUST CHNGE_23-2                                  | CHNGE_23-2                     | CUSIP: 169926AF9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    4942000 | PA      | $5019783.62   | 0.22%             | 2058-06-25      | Variable      | 8.02%                 | No            |                  2 | On Loan: No      |
| CHNGE MORTGAGE TRUST CHNGE_23-3                                  | CHNGE_23-3                     | CUSIP: 17030AAE5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    8900000 | PA      | $9004770.80   | 0.39%             | 2058-07-25      | Variable      | 8.26%                 | No            |                  2 | On Loan: No      |
| VISTA POINT SECURITIZATION TRUST VSTA_25-CES1                    | VSTA_25-CES1                   | CUSIP: 92842DAE0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    3929000 | PA      | $4022210.02   | 0.17%             | 2055-04-25      | Variable      | 7.62%                 | No            |                  2 | On Loan: No      |
| VISTA POINT SECURITIZATION TRUST VSTA_25-CES1                    | VSTA_25-CES1                   | CUSIP: 92842DAF7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    2546000 | PA      | $2623628.81   | 0.11%             | 2055-04-25      | Variable      | 8.96%                 | No            |                  2 | On Loan: No      |
| CHNGE MORTGAGE TRUST CHNGE_23-3                                  | CHNGE_23-3                     | CUSIP: 17030AAF2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    3700000 | PA      | $3724601.30   | 0.16%             | 2058-07-25      | Variable      | 8.26%                 | No            |                  2 | On Loan: No      |
| CITIGROUP MORTGAGE LOAN TRUST IN                                 | CMLTI_15-RP2                   | CUSIP: 17323TAL4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   33292521 | PA      | $944715.22    | 0.04%             | 2053-01-25      | Variable      | 1.11%                 | No            |                  2 | On Loan: No      |
| VISTA POINT SECURITIZATION TRUST VSTA_25-CES2                    | VSTA_25-CES2                   | CUSIP: 92842UAD4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    8732000 | PA      | $8792953.73   | 0.38%             | 2055-08-25      | Variable      | 6.37%                 | No            |                  2 | On Loan: No      |
| VERICREST OPPORTUNITY LOAN TRANSFEREE VOLT_21-NPL3               | VOLT_21-NPL3                   | CUSIP: 92873AAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     148761 | PA      | $148775.85    | 0.01%             | 2051-02-27      | Variable      | 2.24%                 | No            |                  2 | On Loan: No      |
| CITIGROUP MORTGAGE LOAN TRUST IN                                 | CMLTI_15-RP2                   | CUSIP: 17323TAM2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1327638 | PA      | $537907.78    | 0.02%             | 2053-01-25      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| CITIGROUP MORTGAGE LOAN TRUST CMLTI_18-RP3                       | CMLTI_18-RP3                   | CUSIP: 17327DAG6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   10497650 | PA      | $7469655.35   | 0.32%             | 2061-03-25      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| VERICREST OPPORTUNITY LOAN TRANSFEREE VOLT_21-NPL4               | VOLT_21-NPL4                   | CUSIP: 92873BAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1326604 | PA      | $1326308.82   | 0.06%             | 2051-03-27      | Variable      | 2.24%                 | No            |                  2 | On Loan: No      |
| Citi                                                             | CDS: (CMBX.NA.11.BBB-)         | CUSIP: 000000000<br>LEI: MBNUM2BPBDO7JBLYG310 | N/A              | DCR              | CORP              | US        |   10000000 | OU      | $1188956.00   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| COLT MORTGAGE LOAN TRUST COLT_22-4                               | COLT_22-4                      | CUSIP: 19685GAF3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    4993000 | PA      | $4556178.41   | 0.20%             | 2067-03-25      | Variable      | 4.72%                 | No            |                  2 | On Loan: No      |
| COLT MORTGAGE LOAN TRUST COLT_21-3                               | COLT_21-3                      | CUSIP: 19688FAC9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    5714167 | PA      | $4917254.18   | 0.21%             | 2066-09-27      | Variable      | 1.42%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                   | CDS: (CMBX.NA.10.BBB-)         | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DCR              | CORP              | US        |  -16500000 | OU      | $-3137907.30  | -0.13%            |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                   | CDS: (CMBX.NA.10.BBB-)         | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DCR              | CORP              | US        |  -13000000 | OU      | $-2472290.60  | -0.11%            |  |  |  | No            |                  2 | On Loan: No      |
| COLT MORTGAGE LOAN TRUST COLT_21-3                               | COLT_21-3                      | CUSIP: 19688FAE5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    2502000 | PA      | $1811939.39   | 0.08%             | 2066-09-27      | Variable      | 3.06%                 | No            |                  2 | On Loan: No      |
| COLT MORTGAGE LOAN TRUST COLT_21-4                               | COLT_21-4                      | CUSIP: 19688GAE3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    5969000 | PA      | $4488455.21   | 0.19%             | 2066-10-25      | Variable      | 3.76%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                   | CDS: (CMBX.NA.10.BBB-)         | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DCR              | CORP              | US        |   -8800000 | OU      | $-1673550.56  | -0.07%            |  |  |  | No            |                  2 | On Loan: No      |
| Citi                                                             | CDS: (CMBX.NA.10.BBB-)         | CUSIP: 000000000<br>LEI: MBNUM2BPBDO7JBLYG310 | N/A              | DCR              | CORP              | US        |  -10000000 | OU      | $-1901762.00  | -0.08%            |  |  |  | No            |                  2 | On Loan: No      |
| FANNIE MAE FHLMC_4620                                            | FHLMC_4620                     | CUSIP: 3137BSAF0<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |     830430 | PA      | $83111.31     | 0.00%             | 2042-11-15      | Variable      | 1.91%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORPORATION FHLMC_4704                | FHLMC_4704                     | CUSIP: 3137F1HV3<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |    7105625 | PA      | $868433.90    | 0.04%             | 2047-07-15      | Variable      | 1.69%                 | No            |                  2 | On Loan: No      |
| Citi                                                             | CDS: (CMBX.NA.10.BBB-)         | CUSIP: 000000000<br>LEI: MBNUM2BPBDO7JBLYG310 | N/A              | DCR              | CORP              | US        |  -20000000 | OU      | $-3803524.00  | -0.16%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                                      | CDS: (CMBX.NA.11.BBB-)         | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DCR              | CORP              | GB        |   10000000 | OU      | $1188956.00   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORPORATION FHLMC_5040                | FHLMC_5040                     | CUSIP: 3137F6PD3<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   10025385 | PA      | $1673650.73   | 0.07%             | 2050-11-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORPORATION FHLMC_5083                | FHLMC_5083                     | CUSIP: 3137FFRN9<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |    8329052 | PA      | $1482110.72   | 0.06%             | 2040-12-25      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC FHLMC_4826                                           | FHLMC_4826                     | CUSIP: 3137FH4N0<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |    7698308 | PA      | $998265.72    | 0.04%             | 2048-09-15      | Variable      | 1.74%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORPORATION FHLMC_4926                | FHLMC_4926                     | CUSIP: 3137FPNZ4<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |    5369790 | PA      | $370084.31    | 0.02%             | 2040-01-15      | Variable      | 1.62%                 | No            |                  2 | On Loan: No      |
| Citi                                                             | CDS: (CMBX.NA.11.BBB-)         | CUSIP: 000000000<br>LEI: MBNUM2BPBDO7JBLYG310 | N/A              | DCR              | CORP              | US        |   20500000 | OU      | $2437359.80   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                   | CDS: (CMBX.NA.8.BBB-)          | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DCR              | CORP              | US        |   -2036432 | OU      | $-438372.43   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORPORATION FHLMC_4987                | FHLMC_4987                     | CUSIP: 3137FTRP4<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |    8418485 | PA      | $1298290.27   | 0.06%             | 2050-06-25      | Variable      | 1.62%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC FHLMC_4979                                           | FHLMC_4979                     | CUSIP: 3137FTYA9<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   19336864 | PA      | $2536979.16   | 0.11%             | 2050-06-25      | Variable      | 1.59%                 | No            |                  2 | On Loan: No      |
| Citi                                                             | CDS: (CMBX.NA.11.BBB-)         | CUSIP: 000000000<br>LEI: MBNUM2BPBDO7JBLYG310 | N/A              | DCR              | CORP              | US        |   50000000 | OU      | $5944780.00   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Citi                                                             | CDS: (CMBX.NA.11.BBB-)         | CUSIP: 000000000<br>LEI: MBNUM2BPBDO7JBLYG310 | N/A              | DCR              | CORP              | US        |   10000000 | OU      | $1188956.00   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| FREDDIE MAC FHLMC_4993                                           | FHLMC_4993                     | CUSIP: 3137FU6V1<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   16618666 | PA      | $2616798.35   | 0.11%             | 2050-07-25      | Variable      | 1.59%                 | No            |                  2 | On Loan: No      |
| STARC_19-CS02                                                    | STARC_19-CS02                  | CUSIP: 3137G0VZ9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    2300000 | PA      | $2279256.76   | 0.10%             | 2032-02-25      | Variable      | 4.45%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs International                                      | CDS: (CMBX.NA.16.BBB-)         | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DCR              | CORP              | GB        |  -19000000 | OU      | $-3044599.90  | -0.13%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                                      | CDS: (CMBX.NA.17.BBB-)         | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DCR              | CORP              | GB        |  -12000000 | OU      | $-1517204.40  | -0.07%            |  |  |  | No            |                  2 | On Loan: No      |
| STACR_19-CS02                                                    | STACR_19-CS02                  | CUSIP: 3137G0WA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    2950000 | PA      | $2843853.99   | 0.12%             | 2032-02-25      | Variable      | 4.45%                 | No            |                  2 | On Loan: No      |
| STACR_19-CS02                                                    | STACR_19-CS02                  | CUSIP: 3137G0WB1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  248620834 | PA      | $1688309.50   | 0.07%             | 2029-02-25      | Fixed         | 0.27%                 | No            |                  2 | On Loan: No      |
| Citi                                                             | OTC (GENERIC) 0 YEAR           | CUSIP: 000000000<br>LEI: MBNUM2BPBDO7JBLYG310 | N/A              | DIR              | CORP              | US        |  190000000 | OU      | $19.00        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Citi                                                             | OTC (GENERIC) 0 YEAR           | CUSIP: 000000000<br>LEI: MBNUM2BPBDO7JBLYG310 | N/A              | DIR              | CORP              | US        |   95000000 | OU      | $1056647.00   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES STACR_19-CS | STACR_19-CS03                  | CUSIP: 3137G0WF2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    7345104 | PA      | $6851754.88   | 0.29%             | 2032-10-25      | Variable      | 4.45%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES STACR_19-CS | STACR_19-CS03                  | CUSIP: 3137G0WG0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  611092394 | PA      | $4673879.06   | 0.20%             | 2029-10-25      | Fixed         | 0.27%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                   | OTC (GENERIC) 0 YEAR           | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DIR              | CORP              | US        |  150000000 | OU      | $280530.00    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                                      | CDS: (CMBX.NA.17.BBB-)         | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DCR              | CORP              | GB        |  -50000000 | OU      | $-6321685.00  | -0.27%            |  |  |  | No            |                  2 | On Loan: No      |
| STRUCTURED AGENCY CREDIT RISK STACR_20-CS01                      | STACR_20-CS01                  | CUSIP: 3137G0WM7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   16988156 | PA      | $13945665.60  | 0.60%             | 2033-04-25      | Variable      | 4.45%                 | No            |                  2 | On Loan: No      |
| STARC_20-CS01                                                    | STARC_20-CS01                  | CUSIP: 3137G0WN5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        | 1956645065 | PA      | $4743494.63   | 0.20%             | 2030-04-25      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_21-156             | GNMA_21-156                    | CUSIP: 38383ANE0<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   41488262 | PA      | $5748630.24   | 0.25%             | 2051-09-20      | Variable      | 1.85%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_21-160             | GNMA_21-160                    | CUSIP: 38383AUH5<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   72159462 | PA      | $420328.87    | 0.02%             | 2051-09-20      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs International                                      | OTC (GENERIC) 0 YEAR           | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DIR              | CORP              | GB        |  113000000 | OU      | $191196.00    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                                      | CDS: (CMBX.NA.17.BBB-)         | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DCR              | CORP              | GB        |   -9500000 | OU      | $-1201120.15  | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_21-160             | GNMA_21-160                    | CUSIP: 38383AZY3<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   60532570 | PA      | $8324075.85   | 0.36%             | 2051-09-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_21-193             | GNMA_21-193                    | CUSIP: 38383DTZ1<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |  245832099 | PA      | $763677.42    | 0.03%             | 2051-11-20      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_22-46              | GNMA_22-46                     | CUSIP: 38383PRL7<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   22677872 | PA      | $384911.53    | 0.02%             | 2052-03-20      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_22-90              | GNMA_22-90                     | CUSIP: 38383RH83<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   30354360 | PA      | $3433770.15   | 0.15%             | 2050-01-20      | Variable      | 1.60%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_22-83              | GNMA_22-83                     | CUSIP: 38383RZG5<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   21634001 | PA      | $2849637.05   | 0.12%             | 2050-06-20      | Variable      | 1.70%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_23-47              | GNMA_23-47                     | CUSIP: 38383WJ31<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   24879592 | PA      | $2242367.80   | 0.10%             | 2053-03-20      | Variable      | 2.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_22-161             | GNMA_22-161                    | CUSIP: 38383YSS2<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   38341797 | PA      | $2686847.43   | 0.12%             | 2052-09-20      | Variable      | 1.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_22-168             | GNMA_22-168                    | CUSIP: 38383YZB1<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   53436926 | PA      | $5307072.23   | 0.23%             | 2052-09-20      | Variable      | 1.66%                 | No            |                  2 | On Loan: No      |
| PRESTON RIDGE PARTNERS MORTGAGE TRUST PRPM_23-RCF2               | PRPM_23-RCF2                   | CUSIP: 69380RAD7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1724000 | PA      | $1650747.41   | 0.07%             | 2053-11-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| PRESTON RIDGE PARTNERS MORTGAGE TRUST PRPM_23-RCF2               | PRPM_23-RCF2                   | CUSIP: 69380RAE5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    3688000 | PA      | $3415253.22   | 0.15%             | 2053-11-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_23-66              | GNMA_23-66                     | CUSIP: 38384AQY2<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   56455223 | PA      | $2715242.16   | 0.12%             | 2053-05-20      | Variable      | 1.05%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_23-66              | GNMA_23-66                     | CUSIP: 38384ARD7<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   21773605 | PA      | $2072113.47   | 0.09%             | 2053-05-20      | Variable      | 1.80%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORPORATION FHLMC_5183                | FHLMC_5183                     | CUSIP: 3137H4ZL7<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   34240835 | PA      | $5732850.54   | 0.25%             | 2052-01-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC FHLMC_5480                                           | FHLMC_5480                     | CUSIP: 3137HHKD2<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   32556154 | PA      | $32858239.70  | 1.41%             | 2054-03-25      | Variable      | 5.80%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_23-101             | GNMA_23-101                    | CUSIP: 38384CAB5<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   75869803 | PA      | $5332015.95   | 0.23%             | 2053-07-20      | Variable      | 1.66%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATiON GNMA_23-115             | GNMA_23-115                    | CUSIP: 38384CL56<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   42247007 | PA      | $2610328.50   | 0.11%             | 2053-08-20      | Variable      | 1.55%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_23-113             | GNMA_23-113                    | CUSIP: 38384CVG1<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   14349892 | PA      | $1042787.99   | 0.04%             | 2053-08-20      | Variable      | 1.39%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_23-113             | GNMA_23-113                    | CUSIP: 38384CZJ1<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   48880114 | PA      | $5845543.56   | 0.25%             | 2049-09-20      | Variable      | 1.60%                 | No            |                  2 | On Loan: No      |
| PRPM LLC PRPM_23-NQM3                                            | PRPM_23-NQM3                   | CUSIP: 69380TAF8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    2043000 | PA      | $2038638.40   | 0.09%             | 2068-11-25      | Variable      | 7.44%                 | No            |                  2 | On Loan: No      |
| PRESTON RIDGE PARTNERS MORTGAGE TRUST PRPM_23-RCF1               | PRPM_23-RCF1                   | CUSIP: 69381AAE1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    7802000 | PA      | $7319646.81   | 0.31%             | 2053-06-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_23-141             | GNMA_23-141                    | CUSIP: 38384EE68<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   32015540 | PA      | $3558306.33   | 0.15%             | 2049-12-20      | Variable      | 1.60%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_23-173             | GNMA_23-173                    | CUSIP: 38384GBQ2<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   62902629 | PA      | $4791720.96   | 0.21%             | 2053-11-20      | Variable      | 1.30%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_24-51              | GNMA_24-51                     | CUSIP: 38384KWT4<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   34258711 | PA      | $2111508.23   | 0.09%             | 2054-03-20      | Variable      | 1.05%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_24-64              | GNMA_24-64                     | CUSIP: 38384MC21<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   48323076 | PA      | $5317717.73   | 0.23%             | 2054-04-20      | Variable      | 1.55%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_24-64              | GNMA_24-64                     | CUSIP: 38384MJC2<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   46626807 | PA      | $2796288.86   | 0.12%             | 2054-04-20      | Variable      | 1.05%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_24-79              | GNMA_24-79                     | CUSIP: 38384PDH0<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   21758388 | PA      | $3351307.37   | 0.14%             | 2054-05-20      | Variable      | 2.90%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO COMMERCIAL MORTGAGE TRUST WFCM_21-FCMT               | WFCM_21-FCMT                   | CUSIP: 95003EAJ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   11600000 | PA      | $11571537.08  | 0.50%             | 2031-05-15      | Variable      | 8.98%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_24-97              | GNMA_24-97                     | CUSIP: 38384PRM4<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   28036271 | PA      | $4307260.04   | 0.18%             | 2054-06-20      | Variable      | 2.96%                 | No            |                  2 | On Loan: No      |
| LHOME MORTGAGE TRUST LHOME_25-RTL1                               | LHOME_25-RTL1                  | CUSIP: 50205UAC5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    5368000 | PA      | $5390714.16   | 0.23%             | 2040-01-25      | Variable      | 7.02%                 | No            |                  2 | On Loan: No      |
| PRESTON RIDGE PARTNERS MORTGAGE TRUST PRPM_24-5                  | PRPM_24-5                      | CUSIP: 69381KAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    4771436 | PA      | $4770803.40   | 0.20%             | 2029-09-25      | Variable      | 5.69%                 | No            |                  2 | On Loan: No      |
| PRESTON RIDGE PARTNERS MORTGAGE TRUST PRPM_24-5                  | PRPM_24-5                      | CUSIP: 69381KAB5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    2800000 | PA      | $2802189.88   | 0.12%             | 2029-09-25      | Variable      | 9.08%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                   | CDS: (CMBX.NA.7.BBB-)          | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DCR              | CORP              | US        |   -1030138 | OU      | $-126309.83   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                   | CDS: (CMBX.NA.7.BBB-)          | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DCR              | CORP              | US        |   -2019878 | OU      | $-247666.33   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| LHOME MORTGAGE TRUST LHOME_24-RTL5                               | LHOME_24-RTL5                  | CUSIP: 50205WAC1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    4358000 | PA      | $4355484.56   | 0.19%             | 2039-09-25      | Variable      | 6.82%                 | No            |                  2 | On Loan: No      |
| LHOME MORTGAGE TRUST LHOME_25-RTL3                               | LHOME_25-RTL3                  | CUSIP: 50205YAC7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1800000 | PA      | $1806750.00   | 0.08%             | 2040-08-25      | Variable      | 6.89%                 | No            |                  2 | On Loan: No      |
| PRET_24-NPL6                                                     | PRET_24-NPL6                   | CUSIP: 69381QAB2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   10875000 | PA      | $10885256.21  | 0.47%             | 2054-10-25      | Variable      | 8.72%                 | No            |                  2 | On Loan: No      |
| PRPM LLC PRPM_25-2                                               | PRPM_25-2                      | CUSIP: 69382HAB1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    4900000 | PA      | $4942754.46   | 0.21%             | 2030-05-25      | Variable      | 9.56%                 | No            |                  2 | On Loan: No      |
| LENDING CLUB RECEIVABLES TRUST LCRT_20-2                         | LCRT_20-2                      | CUSIP: 52605L103<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     865000 | PA      | $43250.00     | 0.00%             | 2046-02-15      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| PRPM_24-RCF4                                                     | PRPM_24-RCF4                   | CUSIP: 74448JAE3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1910000 | PA      | $1732089.61   | 0.07%             | 2054-07-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| PRP ADVISORS LLC PRPM_24-8                                       | PRPM_24-8                      | CUSIP: 74448KAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    4718799 | PA      | $4720270.67   | 0.20%             | 2029-12-25      | Variable      | 5.90%                 | No            |                  2 | On Loan: No      |
| PRP ADVISORS LLC PRPM_24-8                                       | PRPM_24-8                      | CUSIP: 74448KAB6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    6100000 | PA      | $6115913.68   | 0.26%             | 2029-12-25      | Variable      | 8.84%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC FHLMC_5518                                           | FHLMC_5518                     | CUSIP: 3137HK4A9<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   13653923 | PA      | $13685779.15  | 0.59%             | 2055-03-25      | Variable      | 5.67%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORPORATION FHLMC_5513                | FHLMC_5513                     | CUSIP: 3137HKF25<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   18485701 | PA      | $19020089.16  | 0.82%             | 2054-06-25      | Variable      | 8.10%                 | No            |                  2 | On Loan: No      |
| PRESTON RIDGE PARTNERS MORTGAGE PRPM_24-7                        | PRPM_24-7                      | CUSIP: 74448LAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    7631865 | PA      | $7662445.74   | 0.33%             | 2029-11-25      | Variable      | 5.87%                 | No            |                  2 | On Loan: No      |
| PRP ADVISORS LLC PRPM_24-RPL4                                    | PRPM_24-RPL4                   | CUSIP: 74448MAD8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    4700000 | PA      | $4409038.51   | 0.19%             | 2054-12-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| PRP ADVISORS LLC PRPM_24-RPL4                                    | PRPM_24-RPL4                   | CUSIP: 74448MAE6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    4408000 | PA      | $3929043.03   | 0.17%             | 2054-12-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| RCO TRUST RCOT_25-PR1                                            | RCO_25-PR1                     | CUSIP: 74939AAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    9200000 | PA      | $9138093.20   | 0.39%             | 2055-02-25      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| PRPM LLC PRPM_25-NQM3                                            | PRPM_25-NQM3                   | CUSIP: 69382NAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    9002887 | PA      | $9081384.43   | 0.39%             | 2070-05-25      | Variable      | 5.61%                 | No            |                  2 | On Loan: No      |
| PRESTON RIDGE PARTNERS MORTGAGE TRUST PRPM_25-RCF4               | PRPM_25-RCF4                   | CUSIP: 69382WAE2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     477000 | PA      | $440731.21    | 0.02%             | 2055-08-25      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| RCO MORTGAGE LLC RCO_25-3                                        | RCO_25-3                       | CUSIP: 74939GAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    6163707 | PA      | $6177554.43   | 0.27%             | 2030-05-25      | Variable      | 6.43%                 | No            |                  2 | On Loan: No      |
| RR LTD RRAM_21-16A                                               | RRAM_21-16A                    | CUSIP: 74971JAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |    3733333 | PA      | $3735177.27   | 0.16%             | 2036-07-15      | Variable      | 10.83%                | No            |                  2 | On Loan: No      |
| RUN_22-NQM1                                                      | RUN_22-NQM1                    | CUSIP: 74981CAD3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    5595000 | PA      | $4492533.78   | 0.19%             | 2067-03-25      | Variable      | 4.04%                 | No            |                  2 | On Loan: No      |
| RADNOR REESSENT RMIR_21-1                                        | RMIR_21-1                      | CUSIP: 75279YAE1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    4750000 | PA      | $4812635.40   | 0.21%             | 2033-12-27      | Variable      | 8.35%                 | No            |                  2 | On Loan: No      |
| PRESTON RIDGE PARTNERS MORTGAGE TRUST PRPM_25-RCF4               | PRPM_25-RCF4                   | CUSIP: 69382WAF9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    2000000 | PA      | $1803579.20   | 0.08%             | 2055-08-25      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| VCAT ASSET SECURITIZATION VCAT_25-NPL2                           | VCAT_25-NPL2                   | CUSIP: 92243PAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    7593267 | PA      | $7668714.92   | 0.33%             | 2054-09-25      | Variable      | 5.98%                 | No            |                  2 | On Loan: No      |
| RCO MORTGAGE LLC RCO_25-1                                        | RCO_25-1                       | CUSIP: 75523XAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    7676940 | PA      | $7730235.36   | 0.33%             | 2030-01-25      | Variable      | 5.88%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE CONNECTICUT AVENUE SECURITIES TRUST CAS_22-R01        | CAS_22-R01                     | CUSIP: 20754LAJ8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   10350000 | PA      | $10843483.86  | 0.47%             | 2041-12-25      | Variable      | 10.35%                | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2                       | GNMA2 30YR TBA(REG C)          | CUSIP: 21H042695<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |  240000000 | PA      | $231114566.40 | 9.92%             | 2055-09-22      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| DAILYPAY SECURITIZATION TRUST DLPY_25-1                          | DLPY_25-1A                     | CUSIP: 233824AA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4500000 | PA      | $4528346.85   | 0.19%             | 2028-06-25      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| DEEPHAVEN RESIDENTIAL MORTGAGE TRUST DRMT_20-2                   | DRMT_20-2                      | CUSIP: 24380NAG4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    4911000 | PA      | $4951973.46   | 0.21%             | 2065-05-25      | Variable      | 6.42%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE FNMA_19-5                                             | FNMA_19-5                      | CUSIP: 3136B3L40<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   28996042 | PA      | $3233966.30   | 0.14%             | 2049-03-25      | Variable      | 1.64%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE FNMA_20-22                                            | FNMA_20-22                     | CUSIP: 3136B9HD2<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   28735813 | PA      | $4015904.52   | 0.17%             | 2050-04-25      | Variable      | 1.64%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE FNMA_20-38                                            | FNMA_20-38                     | CUSIP: 3136BACA0<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |    4638522 | PA      | $591813.67    | 0.03%             | 2050-06-25      | Variable      | 1.59%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE FNMA_20-38                                            | FNMA_20-38                     | CUSIP: 3136BACZ5<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   19408684 | PA      | $1687328.91   | 0.07%             | 2050-06-25      | Variable      | 0.54%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST VERUS_21-R2                           | VERUS_21-R2                    | CUSIP: 92538DAE9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    3781000 | PA      | $3384516.02   | 0.15%             | 2064-02-25      | Fixed         | 2.24%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST VERUS_21-4                            | VERUS_21-4                     | CUSIP: 92538HAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    7331320 | PA      | $6165133.75   | 0.26%             | 2066-07-25      | Variable      | 0.94%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST VERUS_21-5                            | VERUS_21-5                     | CUSIP: 92538KAE3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    3800000 | PA      | $2755810.92   | 0.12%             | 2066-09-25      | Variable      | 3.04%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION FNMA_20-34                 | FNMA_20-34                     | CUSIP: 3136BAHY3<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   29155252 | PA      | $3996934.26   | 0.17%             | 2050-06-25      | Variable      | 1.59%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE FNMA_20-54                                            | FNMA_20-54                     | CUSIP: 3136BBGH9<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   20261458 | PA      | $2635075.50   | 0.11%             | 2050-08-25      | Variable      | 1.69%                 | No            |                  2 | On Loan: No      |
| STRUCTURED AGENCY CREDIT RISK STACR_20-CS01                      | STACR_20-CS01                  | CUSIP: 3137G0WP0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        | 1956645065 | PA      | $7411771.51   | 0.32%             | 2030-04-25      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE FNMA_21-3                                             | FNMA_21-3                      | CUSIP: 3136BDR42<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   42856229 | PA      | $7332160.87   | 0.31%             | 2051-02-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION FNMA_22-90                 | FNMA_22-90                     | CUSIP: 3136BPRP8<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   38088766 | PA      | $4706125.99   | 0.20%             | 2050-07-25      | Variable      | 1.63%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION FNMA_23-46                 | FNMA_23-46                     | CUSIP: 3136BQLL1<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   57209637 | PA      | $6487933.23   | 0.28%             | 2050-06-25      | Variable      | 1.54%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE FNMA_24-74                                            | FNMA_24-74                     | CUSIP: 3136BS3Q6<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   28030409 | PA      | $3771138.36   | 0.16%             | 2054-10-25      | Variable      | 2.25%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION FNMA_25-13                 | FNMA_25-13                     | CUSIP: 3136BU2D1<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   14556118 | PA      | $14597423.40  | 0.63%             | 2055-03-25      | Variable      | 5.65%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION FNMA_25-16                 | FNMA_25-16                     | CUSIP: 3136BU5N6<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   10215656 | PA      | $10392708.43  | 0.45%             | 2055-01-25      | Variable      | 8.10%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION FNMA_25-1                  | FNMA_25-1                      | CUSIP: 3136BUE55<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   19634987 | PA      | $19786620.40  | 0.85%             | 2055-02-25      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION FNMA_25-10                 | FNMA_25-10                     | CUSIP: 3136BUS68<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   10063817 | PA      | $9931837.17   | 0.43%             | 2055-02-25      | Variable      | 5.20%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION FNMA_25-12                 | FNMA_25-12                     | CUSIP: 3136BVHZ4<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   22654542 | PA      | $23246634.58  | 1.00%             | 2055-03-25      | Variable      | 8.10%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC FHLMC_3922                                           | FHLMC_3922                     | CUSIP: 3137AFJS2<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |    1789250 | PA      | $160536.34    | 0.01%             | 2041-09-15      | Variable      | 1.44%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORPORATION FHLMC_4097                | FHLMC_4097                     | CUSIP: 3137ATPX4<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |     673891 | PA      | $88673.28     | 0.00%             | 2042-08-15      | Variable      | 1.59%                 | No            |                  2 | On Loan: No      |
| FHLMC_4215                                                       | FHLMC_4215                     | CUSIP: 3137B34H8<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |     115491 | PA      | $2792.93      | 0.00%             | 2041-07-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES STACR_20-CS | STACR_20-CS02                  | CUSIP: 3137G0WV7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    5650000 | PA      | $4761512.64   | 0.20%             | 2033-06-25      | Variable      | 4.45%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES STACR_20-CS | STACR_20-CS02                  | CUSIP: 3137G0WW5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  453920621 | PA      | $1652407.24   | 0.07%             | 2030-06-25      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORPORATION FHLMC_4286                | FHLMC_4286                     | CUSIP: 3137B6UF6<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |     820213 | PA      | $103987.80    | 0.00%             | 2043-12-15      | Variable      | 1.44%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC FHLMC_4606                                           | FHLMC_4606                     | CUSIP: 3137BR5P6<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   36362973 | PA      | $3946066.16   | 0.17%             | 2044-12-15      | Variable      | 1.54%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES STACR_20-CS | STACR_20-CS02                  | CUSIP: 3137G0WX3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  453920621 | PA      | $1293174.46   | 0.06%             | 2030-05-25      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORPORATION FHLMC_5105                | FHLMC_5105                     | CUSIP: 3137H06M5<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   34168354 | PA      | $5631778.49   | 0.24%             | 2051-05-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| STRUCTURED AGENCY CREDIT RISK STACR_20-HQA5                      | STACR_20-HQA5                  | CUSIP: 35565TBE8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   14200000 | PA      | $17336488.90  | 0.74%             | 2050-11-25      | Variable      | 11.75%                | No            |                  2 | On Loan: No      |
| FREDDIE MAC - STACR_20-DNA6                                      | STACR_20-DNA6                  | CUSIP: 35566CBE4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   15500000 | PA      | $17715277.05  | 0.76%             | 2050-12-25      | Variable      | 10.00%                | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORPORATION FHLMC_5105                | FHLMC_5105                     | CUSIP: 3137H06Z6<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   20859707 | PA      | $1881099.16   | 0.08%             | 2045-03-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC FHLMC_5119                                           | FHLMC_5119                     | CUSIP: 3137H0SU3<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   33937359 | PA      | $5152984.13   | 0.22%             | 2051-06-25      | Variable      | 1.95%                 | No            |                  2 | On Loan: No      |
| GCAT_19-NQM3                                                     | GCAT_19-NQM3                   | CUSIP: 36167VAD6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    5650000 | PA      | $5200814.83   | 0.22%             | 2059-11-25      | Variable      | 3.45%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_19-128             | GNMA_19-128                    | CUSIP: 38382AEF8<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   32925908 | PA      | $133537.60    | 0.01%             | 2049-10-20      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_20-3               | GNMA_20-3                      | CUSIP: 38382BN66<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |   17433763 | PA      | $662747.99    | 0.03%             | 2062-02-16      | Variable      | 0.62%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_20-34              | GNMA_20-34                     | CUSIP: 38382DG94<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   19069337 | PA      | $2699279.95   | 0.12%             | 2050-03-20      | Variable      | 1.60%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORPORATION FHLMC_5138                | FHLMC_5138                     | CUSIP: 3137H2LM4<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   24878320 | PA      | $3276616.51   | 0.14%             | 2047-09-25      | Variable      | 1.64%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_20-31              | GNMA_20-31                     | CUSIP: 38382DUY3<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   16409720 | PA      | $1849821.81   | 0.08%             | 2050-03-20      | Variable      | 1.60%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_21-42              | GNMA_21-42                     | CUSIP: 38382PZY1<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   34944702 | PA      | $4906295.58   | 0.21%             | 2050-11-20      | Variable      | 1.85%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_21-58              | GNMA_21-58                     | CUSIP: 38382RAZ1<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   12093394 | PA      | $2237587.45   | 0.10%             | 2051-04-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_21-119             | GNMA_21-119                    | CUSIP: 38382UM24<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   24677298 | PA      | $3511332.72   | 0.15%             | 2051-07-20      | Variable      | 1.85%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_21-96              | GNMA_21-96                     | CUSIP: 38382UZE4<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   40693054 | PA      | $715180.43    | 0.03%             | 2051-06-20      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_21-97              | GNMA_21-97                     | CUSIP: 38382VEF2<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   40118871 | PA      | $5670930.77   | 0.24%             | 2051-06-20      | Variable      | 1.85%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_21-122             | GNMA_21-122                    | CUSIP: 38382WAQ0<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   53292192 | PA      | $7575687.65   | 0.33%             | 2051-07-20      | Variable      | 1.85%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_21-122             | GNMA_21-122                    | CUSIP: 38382WAW7<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   52262637 | PA      | $273061.82    | 0.01%             | 2051-07-20      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| MARLETTE FUNDING TRUST MFT_21-1A                                 | MFT_21-1A                      | CUSIP: 57110NAD8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     119290 | PA      | $118597.79    | 0.01%             | 2031-06-16      | Fixed         | 2.47%                 | No            |                  2 | On Loan: No      |
| MFRA TRUST MFRA_24-NPL1                                          | MFRA_24-NPL1                   | CUSIP: 58004YAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   16218346 | PA      | $16276074.83  | 0.70%             | 2054-09-25      | Variable      | 6.33%                 | No            |                  2 | On Loan: No      |
| MELLO MORTGAGE CAPITAL ACCEPTANCE MELLO_24-SD1                   | MELLO_24-SD1                   | CUSIP: 58550DAE3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    5802000 | PA      | $5317877.06   | 0.23%             | 2054-04-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| MPOWER EDUCATION TRUST MPOWR_24-1                                | MPOWR_24-A                     | CUSIP: 62476DAB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    6000000 | PA      | $6184526.40   | 0.27%             | 2041-07-22      | Fixed         | 8.35%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORPORATION FHLMC_5513                | FHLMC_5513                     | CUSIP: 3137HKF33<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   32243418 | PA      | $33273489.01  | 1.43%             | 2054-11-25      | Variable      | 8.10%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC FHLMC_25-5532                                        | FHLMC_5532                     | CUSIP: 3137HKPN8<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   18610866 | PA      | $19051391.27  | 0.82%             | 2055-04-25      | Variable      | 8.10%                 | No            |                  2 | On Loan: No      |
| MPOWER EDUCATION TRUST MPOWR_25-A                                | MPOWR_25-A                     | CUSIP: 624930AB9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    6480000 | PA      | $6593409.72   | 0.28%             | 2042-07-21      | Fixed         | 8.47%                 | No            |                  2 | On Loan: No      |
| NEW YORK MORTGAGE TRUST NYMT_24-BPL1                             | NYMT_24-BPL1                   | CUSIP: 62956MAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    6850000 | PA      | $6871350.08   | 0.30%             | 2029-02-25      | Variable      | 7.15%                 | No            |                  2 | On Loan: No      |
| NEW YORK MORTGAGE TRUST NYMT_24-RR1                              | NYMT_24-RR1                    | CUSIP: 62956VAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   13623590 | PA      | $13728286.87  | 0.59%             | 2064-05-25      | Variable      | 7.38%                 | No            |                  2 | On Loan: No      |
| ENVA_23-A                                                        | ENVA_23-A                      | CUSIP: 64110XAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     996996 | PA      | $999511.22    | 0.04%             | 2027-12-20      | Fixed         | 7.78%                 | No            |                  2 | On Loan: No      |
| ENVA_25-A                                                        | ENVA_25-A                      | CUSIP: 64112RAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   10557532 | PA      | $10738200.07  | 0.46%             | 2031-10-20      | Fixed         | 7.29%                 | No            |                  2 | On Loan: No      |
| NRZT_14-1A                                                       | NRZT_14-1A                     | CUSIP: 64828AAB9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    2934235 | PA      | $129122.49    | 0.01%             | 2054-01-25      | Variable      | 2.07%                 | No            |                  2 | On Loan: No      |
| NEW RESIDENTIAL MORTGAGE LOAN TRUST NRZT_19-RPL3                 | NRZT_19-RPL3                   | CUSIP: 64830NAK7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    9250000 | PA      | $6805957.60   | 0.29%             | 2059-07-25      | Variable      | 3.98%                 | No            |                  2 | On Loan: No      |
| NEW RESIDENTIAL MORTGAGE LOAN TRUST NRZT_22-NQM2                 | NRZT_22-NQM2                   | CUSIP: 64831MAE2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    2887000 | PA      | $2068612.58   | 0.09%             | 2062-03-27      | Variable      | 3.86%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORPORATION                           | FHLMC_5541                     | CUSIP: 3137HL3S9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-CBDO         | USGA              | US        |   55700593 | PA      | $5393042.83   | 0.23%             | 2055-05-25      | Variable      | 1.35%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORPORATION                           | FHLMC_5542                     | CUSIP: 3137HLAE2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-CBDO         | USGA              | US        |   12415204 | PA      | $12659425.45  | 0.54%             | 2055-05-25      | Variable      | 8.25%                 | No            |                  2 | On Loan: No      |
| ONSLOW BAY FINANCIAL LLC OBX_21-NQM3                             | OBX_21-NQM3                    | CUSIP: 67114JAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    4875150 | PA      | $4015662.69   | 0.17%             | 2061-07-25      | Variable      | 1.05%                 | No            |                  2 | On Loan: No      |
| NEW YORK MORTGAGE TRUST NYMT_24-CP1                              | NYMT_24-CP1                    | CUSIP: 67118PAB8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    5295000 | PA      | $4182683.06   | 0.18%             | 2068-02-25      | Variable      | 3.95%                 | No            |                  2 | On Loan: No      |
| NEW YORK MORTGAGE TRUST NYMT_24-CP1                              | NYMT_24-CP1                    | CUSIP: 67118PAC6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    2350000 | PA      | $1744311.94   | 0.07%             | 2068-02-25      | Variable      | 3.95%                 | No            |                  2 | On Loan: No      |
| NEW YORK MORTGAGE TRUST NYMT_25-R1                               | NYMT_25-R1                     | CUSIP: 67120XAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    3889228 | PA      | $3894746.93   | 0.17%             | 2030-02-25      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| OAKTOWN RE LTD OMIR_21-1A                                        | OMIR_21-1A                     | CUSIP: 67401FAE0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    6500000 | PA      | $6601862.15   | 0.28%             | 2033-10-25      | Variable      | 8.30%                 | No            |                  2 | On Loan: No      |
| OAKTOWN RE LTD OMIR_21-1A                                        | OMIR_21-1A                     | CUSIP: 67401FAG5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    2373000 | PA      | $2423328.01   | 0.10%             | 2033-10-25      | Variable      | 9.85%                 | No            |                  2 | On Loan: No      |
| OCTAGON INVESTMENT PARTNERS 54 OCT54_21-1A                       | OCT54_21-1A                    | CUSIP: 67577GAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |    2500000 | PA      | $2343455.00   | 0.10%             | 2034-07-15      | Variable      | 10.83%                | No            |                  2 | On Loan: No      |
| OPORTUN FUNDING LLC OPTN_24-3                                    | OPTN_24-3                      | CUSIP: 68377NAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1800000 | PA      | $1814567.11   | 0.08%             | 2029-08-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| PRPM LLC PRPM_24-RCF1                                            | PRPM_24-RCF1                   | CUSIP: 693581AD2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1850000 | PA      | $1762262.27   | 0.08%             | 2054-01-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| PRPM LLC PRPM_24-RCF1                                            | PRPM_24-RCF1                   | CUSIP: 693581AE0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    9750000 | PA      | $8981023.35   | 0.39%             | 2054-01-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| PRKCM TRUST PRKCM_22-AFC1                                        | PRKCM_22-AFC1                  | CUSIP: 69377CAE3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    5715551 | PA      | $5459981.43   | 0.23%             | 2057-04-25      | Variable      | 4.10%                 | No            |                  2 | On Loan: No      |
| PRPM LLC PRPM_22-NQM1                                            | PRPM_22-NQM1                   | CUSIP: 69378KAE4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    4608000 | PA      | $4528215.71   | 0.19%             | 2067-08-25      | Variable      | 5.40%                 | No            |                  2 | On Loan: No      |
| SALUDA GRADE ALTERNATIVE MORTGAGE TRUST GRADE_22-INV1            | GRADE_22-INV1                  | CUSIP: 79583VAE0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    5198000 | PA      | $4077874.66   | 0.18%             | 2067-04-25      | Variable      | 5.14%                 | No            |                  2 | On Loan: No      |
| SALUDA GRADE ALTERNATIVE MORTGAGE TRUST GRADE_22-INV1            | GRADE_22-INV1                  | CUSIP: 79583VAF7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    4958000 | PA      | $3568140.72   | 0.15%             | 2067-04-25      | Variable      | 5.14%                 | No            |                  2 | On Loan: No      |
| STANWICH MORTGAGE LOAN COMPANY STWH_21-NPB1                      | STWH_21-NPB1                   | CUSIP: 85501YAB6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   13742169 | PA      | $13730941.98  | 0.59%             | 2026-10-16      | Variable      | 4.38%                 | No            |                  2 | On Loan: No      |
| STARWOOD MORTGAGE RESIDENTIAL TRUST STAR_20-INV1                 | STAR_20-INV1                   | CUSIP: 85573EAE7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    3200000 | PA      | $2913714.88   | 0.13%             | 2055-11-25      | Fixed         | 3.26%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                   | OTC (GENERIC) 1 YEAR           | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DIR              | CORP              | US        |  200000000 | OU      | $5102740.00   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Citi                                                             | OTC (GENERIC) 0 YEAR           | CUSIP: 000000000<br>LEI: MBNUM2BPBDO7JBLYG310 | N/A              | DIR              | CORP              | US        |  140000000 | OU      | $56854.00     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                   | OTC (GENERIC) 0 YEAR           | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DIR              | CORP              | US        |  150000000 | OU      | $208680.00    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| FHLMC_5534                                                       | FHLMC_5534                     | CUSIP: 3137HLEG3<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   14325234 | PA      | $14310196.50  | 0.61%             | 2055-05-25      | Variable      | 5.60%                 | No            |                  2 | On Loan: No      |
| FHLMC_5548                                                       | FHLMC_5548                     | CUSIP: 3137HLJQ6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   19832162 | PA      | $19729821.77  | 0.85%             | 2055-06-25      | Variable      | 7.95%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORPORATION                           | FHLMC_5544                     | CUSIP: 3137HLPA4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-CBDO         | USGA              | US        |   22108432 | PA      | $3159518.24   | 0.14%             | 2055-06-25      | Variable      | 2.65%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                            | FNMA 30YR UMBS SUPER           | CUSIP: 3140XHYM3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   33584327 | PA      | $31720937.22  | 1.36%             | 2052-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FIGURE LENDING FIGRE_23-HE3                                      | FIGRE_23-HE3                   | CUSIP: 31684CAD3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1929829 | PA      | $1992118.33   | 0.09%             | 2042-01-25      | Variable      | 7.75%                 | No            |                  2 | On Loan: No      |
| FIGURE LENDING FIGRE_24-HE5                                      | FIGRE_24-HE5                   | CUSIP: 31684FAE4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    3950000 | PA      | $3980554.04   | 0.17%             | 2054-10-25      | Variable      | 7.01%                 | No            |                  2 | On Loan: No      |
| FIGURE LENDING FIGRE_24-HE5                                      | FIGRE_24-HE5                   | CUSIP: 31684FAF1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    2900000 | PA      | $2971874.18   | 0.13%             | 2054-10-25      | Variable      | 8.63%                 | No            |                  2 | On Loan: No      |
| FIGURE LENDING FIGRE_24-HE3                                      | FIGRE_24-HE3                   | CUSIP: 31684GAE2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1850000 | PA      | $1873817.46   | 0.08%             | 2054-07-25      | Variable      | 7.55%                 | No            |                  2 | On Loan: No      |
| FIGURE LENDING FIGRE_24-HE3                                      | FIGRE_24-HE3                   | CUSIP: 31684GAF9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1550000 | PA      | $1606278.95   | 0.07%             | 2054-07-25      | Variable      | 9.26%                 | No            |                  2 | On Loan: No      |
| FIGURE LENDING FIGRE_24-HE1                                      | FIGRE_24-HE1                   | CUSIP: 31684HAE0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    2350000 | PA      | $2432625.30   | 0.10%             | 2054-03-25      | Variable      | 8.32%                 | No            |                  2 | On Loan: No      |
| FIGURE LENDING FIGRE_24-HE1                                      | FIGRE_24-HE1                   | CUSIP: 31684HAF7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    3250000 | PA      | $3432831.35   | 0.15%             | 2054-03-25      | Variable      | 10.03%                | No            |                  2 | On Loan: No      |
| FIGRE TRUST FIGRE_25-HE3                                         | FIGRE_25-HE3                   | CUSIP: 31684LAE1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1500000 | PA      | $1577574.00   | 0.07%             | 2055-05-25      | Variable      | 8.10%                 | No            |                  2 | On Loan: No      |
| FIGRE TRUST FIGRE_25-HE3                                         | FIGRE_25-HE3                   | CUSIP: 31684LAF8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1500000 | PA      | $1577057.25   | 0.07%             | 2055-05-25      | Variable      | 9.08%                 | No            |                  2 | On Loan: No      |
| FIGURE LENDING FIGRE_24-HE4                                      | FIGRE_24-HE4                   | CUSIP: 31684UAE1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1900000 | PA      | $1901657.37   | 0.08%             | 2054-09-25      | Variable      | 6.81%                 | No            |                  2 | On Loan: No      |
| FIGURE LENDING FIGRE_24-HE4                                      | FIGRE_24-HE4                   | CUSIP: 31684UAF8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1300000 | PA      | $1323269.74   | 0.06%             | 2054-09-25      | Variable      | 8.48%                 | No            |                  2 | On Loan: No      |
| FIGURE LENDING FIGRE_24-HE2                                      | FIGRE_24-HE2                   | CUSIP: 316927AF9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    7575000 | PA      | $8043931.89   | 0.35%             | 2054-05-25      | Variable      | 9.79%                 | No            |                  2 | On Loan: No      |
| STRUCTURED AGENCY CREDIT RISK STACR_21-DNA1                      | STACR_21-DNA1                  | CUSIP: 35564KBE8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   14000000 | PA      | $15499615.60  | 0.67%             | 2051-01-25      | Variable      | 9.10%                 | No            |                  2 | On Loan: No      |
| STRUCTURED AGENCY CREDIT RISK STACR_21-DNA5                      | STACR_21-DNA5                  | CUSIP: 35564KJB6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   23300000 | PA      | $27761164.79  | 1.19%             | 2034-01-25      | Variable      | 9.85%                 | No            |                  2 | On Loan: No      |
| STRUCTURED AGENCY CREDIT RISK STACR_21-DNA6                      | STACR_21-DNA6                  | CUSIP: 35564KLV9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    7450000 | PA      | $7884557.76   | 0.34%             | 2041-10-25      | Variable      | 11.85%                | No            |                  2 | On Loan: No      |
| STRUCTURED AGENCY CREDIT RISK STACR_20-HQA5                      | STACR_20-HQA5                  | CUSIP: 35565TBD0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    6750000 | PA      | $7460039.25   | 0.32%             | 2050-11-25      | Variable      | 8.35%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_21-117             | GNMA_21-117                    | CUSIP: 38382WEG8<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   28638034 | PA      | $4052470.79   | 0.17%             | 2051-07-20      | Variable      | 1.85%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_21-117             | GNMA_21-117                    | CUSIP: 38382WEU7<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   23111467 | PA      | $3278049.66   | 0.14%             | 2051-07-20      | Variable      | 1.85%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_21-158             | GNMA_21-158                    | CUSIP: 38382X7G4<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   29323280 | PA      | $4694964.99   | 0.20%             | 2051-09-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_21-142             | GNMA_21-142                    | CUSIP: 38382XSW6<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   56533956 | PA      | $8223678.00   | 0.35%             | 2051-08-20      | Variable      | 1.85%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_21-161             | GNMA_21-161                    | CUSIP: 38383A6U3<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   34834955 | PA      | $5064152.53   | 0.22%             | 2051-09-20      | Variable      | 1.85%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_21-155             | GNMA_21-155                    | CUSIP: 38383AJY1<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   28401778 | PA      | $3935250.98   | 0.17%             | 2051-07-20      | Variable      | 1.85%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_24-197             | GNMA_24-197                    | CUSIP: 38385BEL0<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   19756607 | PA      | $2396081.25   | 0.10%             | 2054-12-20      | Variable      | 1.71%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_25-39              | GNMA_25-39                     | CUSIP: 38385EZR8<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |    9699933 | PA      | $9922895.39   | 0.43%             | 2055-03-20      | Variable      | 6.28%                 | No            |                  2 | On Loan: No      |
| HTAP HTAP_24-1                                                   | HTAP_24-2                      | CUSIP: 40444WAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   13707969 | PA      | $13745107.97  | 0.59%             | 2042-04-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| HTAP TRUST HTAP_24-2                                             | HTAP_24-2                      | CUSIP: 40444WAB5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    4700000 | PA      | $4617808.75   | 0.20%             | 2042-04-25      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| HTAP HTAP_24-1                                                   | HTAP_24-1                      | CUSIP: 40445NAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    7036053 | PA      | $7134571.28   | 0.31%             | 2037-04-25      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| HTAP TRUST HTAP_25-1                                             | HTAP_25-1                      | CUSIP: 40446AAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    6734154 | PA      | $6677783.03   | 0.29%             | 2042-11-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| HILT_16-SFP                                                      | HILT_16-SFP                    | CUSIP: 43289VAS2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   27400000 | PA      | $550964.68    | 0.02%             | 2035-11-05      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| NRZ EXCESS SPREAD COLLATERALIZED NOTES NZES_20-PLS1              | NZES_20-PLS1                   | CUSIP: 433674AA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1554885 | PA      | $1544929.26   | 0.07%             | 2025-12-25      | Fixed         | 3.84%                 | No            |                  2 | On Loan: No      |
| HOME PARTNERS OF AMERICA TRUST HPA_19-2                          | HPA_19-2                       | CUSIP: 43732TAL5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2747554 | PA      | $2650053.15   | 0.11%             | 2039-10-19      | Fixed         | 3.87%                 | No            |                  2 | On Loan: No      |
| HOMEWARD OPPORTUNITIES FUND I TRUST HOF_22-1                     | HOF_22-1                       | CUSIP: 43789KAD4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    3000000 | PA      | $2945470.20   | 0.13%             | 2067-07-25      | Variable      | 5.03%                 | No            |                  2 | On Loan: No      |
| HOMEWARD OPPORTUNITIES FUND I TRUST HOF_20-2                     | HOF_20-2                       | CUSIP: 43789XAE4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    3750000 | PA      | $3747853.13   | 0.16%             | 2065-05-25      | Variable      | 5.45%                 | No            |                  2 | On Loan: No      |
| IMPERIAL FUND MORTGAGE TRUST IMPRL_21-NQM3                       | IMPRL_21-NQM3                  | CUSIP: 452762AE7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    7384000 | PA      | $5866489.79   | 0.25%             | 2056-11-25      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| IMPERIAL FUND MORTGAGE TRUST IMPRL_22-NQM3                       | IMPRL_22-NQM3                  | CUSIP: 45276KAE7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    4489000 | PA      | $3684315.78   | 0.16%             | 2067-05-25      | Variable      | 4.41%                 | No            |                  2 | On Loan: No      |
| IMPERIAL FUND MORTGAGE TRUST IMPRL_22-NQM5                       | IMPRL_22-NQM5                  | CUSIP: 45276QAF1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    3000000 | PA      | $2925661.20   | 0.13%             | 2067-08-25      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| KNOCK ISSUER TR KNOCK_25-1                                       | KNOCK_25-1                     | CUSIP: 49917PAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   17040000 | PA      | $17082685.20  | 0.73%             | 2030-02-25      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| KNOCK ISSUER TR KNOCK_25-1                                       | KNOCK_25-1                     | CUSIP: 49917PAB9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1500000 | PA      | $1503672.00   | 0.06%             | 2030-02-25      | Fixed         | 9.05%                 | No            |                  2 | On Loan: No      |
| LHOME MORTGAGE TRUST LHOME_24-RTL1                               | LHOME_24-RTL1                  | CUSIP: 50205DAB5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    5200000 | PA      | $5265669.24   | 0.23%             | 2029-01-25      | Variable      | 9.16%                 | No            |                  2 | On Loan: No      |
| LHOME MORTGAGE TRUST LHOME_24-RTL1                               | LHOME_24-RTL1                  | CUSIP: 50205DAC3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    3700000 | PA      | $3741432.23   | 0.16%             | 2029-01-25      | Variable      | 11.95%                | No            |                  2 | On Loan: No      |
| LHOME MORTGAGE TRUST LHOME_23-RTL3                               | LHOME_23-RTL3                  | CUSIP: 50205TAB0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    8400000 | PA      | $8441692.56   | 0.36%             | 2028-08-25      | Variable      | 9.00%                 | No            |                  2 | On Loan: No      |
| LENDINGPOINT ASSET SECURITIZATION TRUST LDPT_21-1                | LDPT_21-1                      | CUSIP: 52607DAD1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     674448 | PA      | $673773.38    | 0.03%             | 2027-04-15      | Fixed         | 7.23%                 | No            |                  3 | On Loan: No      |
| LENDBUZZ SECURITIZATION TRUST LBZZ_25-2                          | LBZZ_25-2A                     | CUSIP: 52611JAB6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4450000 | PA      | $4464291.62   | 0.19%             | 2030-05-15      | Fixed         | 5.18%                 | No            |                  2 | On Loan: No      |
| MFA TRUST MFRA_20-NQM3                                           | MFRA_20-NQM3                   | CUSIP: 552757AD8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    3500000 | PA      | $3198253.80   | 0.14%             | 2065-01-26      | Variable      | 2.65%                 | No            |                  2 | On Loan: No      |
| MFA TRUST MFRA_20-NQM3                                           | MFRA_20-NQM3                   | CUSIP: 552757AE6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    6250000 | PA      | $5709336.25   | 0.25%             | 2065-01-26      | Variable      | 3.66%                 | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT SELECTION TRUST PAID_24-3                         | PAID_24-3                      | CUSIP: 69547XAC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    6961254 | PA      | $7020489.58   | 0.30%             | 2031-10-15      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT SELECTION TRUST PAID_24-1                         | PAID_24-1                      | CUSIP: 69548AAB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2550659 | PA      | $2581175.44   | 0.11%             | 2031-07-15      | Fixed         | 7.11%                 | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT SELECTION TRUST PAID_24-1                         | PAID_24-1                      | CUSIP: 69548AAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1854673 | PA      | $1878074.47   | 0.08%             | 2031-07-15      | Fixed         | 8.34%                 | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT SELECTION TRUST PAID_25-R1                        | PAID_25-R1                     | CUSIP: 69548DAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1000000 | PA      | $1000055.30   | 0.04%             | 2032-06-15      | Fixed         | 12.11%                | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT SELECTION TRUST PAID_22-5                         | PAID_22-5                      | CUSIP: 69548HAB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4057914 | PA      | $4176433.06   | 0.18%             | 2030-06-17      | Fixed         | 10.31%                | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT TRUST PAID_25-5                                   | PAID_25-5                      | CUSIP: 69548XAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3000000 | PA      | $3031808.40   | 0.13%             | 2033-03-15      | Fixed         | 9.70%                 | No            |                  2 | On Loan: No      |
| PALMER SQUARE CLO PLMRS_23-2                                     | PLMRS_23-2A                    | CUSIP: 69703CAE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |    2000000 | PA      | $2011368.00   | 0.09%             | 2038-07-20      | Variable      | 10.73%                | No            |                  2 | On Loan: No      |
| POINT SECURITIZATION TRUST PNT_25-1                              | PNT_25-1                       | CUSIP: 73072DAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    7630559 | PA      | $7626073.70   | 0.33%             | 2055-06-25      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| PRET_24-NPL7                                                     | PRET_24-NPL7                   | CUSIP: 74136TAB4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   10000000 | PA      | $10022192.00  | 0.43%             | 2054-10-25      | Variable      | 8.96%                 | No            |                  2 | On Loan: No      |
| PRET LLC PRET_21-RN2                                             | PRET_21-RN2                    | CUSIP: 74143FAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    2387555 | PA      | $2385857.07   | 0.10%             | 2051-07-25      | Variable      | 4.74%                 | No            |                  2 | On Loan: No      |
| PRET_24-NPL5                                                     | PRET_24-NPL5                   | CUSIP: 74143QAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    9541464 | PA      | $9541565.42   | 0.41%             | 2054-09-25      | Variable      | 5.96%                 | No            |                  2 | On Loan: No      |
| COLT FUNDING LLC COLT_20-2                                       | COLT_20-2                      | CUSIP: 19688JAD9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1463000 | PA      | $1474044.04   | 0.06%             | 2065-03-25      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| RCO MORTGAGE LLC RCO_25-1                                        | RCO_25-1                       | CUSIP: 75523XAB3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    7500000 | PA      | $7540952.25   | 0.32%             | 2030-01-25      | Variable      | 8.35%                 | No            |                  2 | On Loan: No      |
| COLT FUNDING LLC COLT_20-2                                       | COLT_20-2                      | CUSIP: 19688JAE7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    3716000 | PA      | $3722799.54   | 0.16%             | 2065-03-25      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| COLT MORTGAGE LOAN TRUST COLT_23-1                               | COLT_23-1                      | CUSIP: 19688NAF5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    4546000 | PA      | $4540781.65   | 0.19%             | 2068-04-25      | Variable      | 8.01%                 | No            |                  2 | On Loan: No      |
| PRET_24-NPL5                                                     | PRET_24-NPL5                   | CUSIP: 74143QAB1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    5000000 | PA      | $5002223.00   | 0.21%             | 2054-09-25      | Variable      | 8.84%                 | No            |                  2 | On Loan: No      |
| PRET LLC PRET_24-NPL9                                            | PRET_24-NPL9                   | CUSIP: 74143TAB5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    9050000 | PA      | $9068904.55   | 0.39%             | 2054-12-25      | Variable      | 8.59%                 | No            |                  2 | On Loan: No      |
| PROSPER MARKETPLACE ISSUANCE TRUST SERIES PMIT_24-1              | PMIT_24-1A                     | CUSIP: 74363CAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     429806 | PA      | $430081.23    | 0.02%             | 2029-08-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| PRPM LLC PRPM_24-RCF3                                            | PRPM_24-RCF3                   | CUSIP: 74390BAJ7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    2250000 | PA      | $2050956.00   | 0.09%             | 2054-05-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| PRPM LLC PRPM_24-RCF6                                            | PRPM_24-RCF6                   | CUSIP: 74390FAD1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    2350000 | PA      | $2207586.01   | 0.09%             | 2054-10-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| PRPM LLC PRPM_24-RCF6                                            | PRPM_24-RCF6                   | CUSIP: 74390FAE9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    4088000 | PA      | $3677293.77   | 0.16%             | 2054-10-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| PRPM LLC PRPM_25-RPL1                                            | PRPM_25-RPL1                   | CUSIP: 74390WAF9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    9500000 | PA      | $8351714.10   | 0.36%             | 2055-03-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| PRPM_24-RCF4                                                     | PRPM_24-RCF4                   | CUSIP: 74448JAD5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    2335000 | PA      | $2175225.06   | 0.09%             | 2054-07-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                   | OTC (GENERIC) 1 YEAR           | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DIR              | CORP              | US        |   84886000 | OU      | $1336445.18   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Citi                                                             | OTC (GENERIC) 0 YEAR           | CUSIP: 000000000<br>LEI: MBNUM2BPBDO7JBLYG310 | N/A              | DIR              | CORP              | US        |  180000000 | OU      | $353538.00    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Citi                                                             | CDS: (CMBX.NA.10.BBB-)         | CUSIP: 000000000<br>LEI: MBNUM2BPBDO7JBLYG310 | N/A              | DCR              | CORP              | US        |  -10000000 | OU      | $-1901762.00  | -0.08%            |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                   | OTC (GENERIC) 0 YEAR           | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DIR              | CORP              | US        |  190000000 | OU      | $774345.00    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Citi                                                             | OTC (GENERIC) 1 YEAR           | CUSIP: 000000000<br>LEI: MBNUM2BPBDO7JBLYG310 | N/A              | DIR              | CORP              | US        |  115000000 | OU      | $1898167.00   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| ITASCA PARK LLC                                                  | ITASCA PARK LLC (UNFUNDED)     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    1700000 | NS      | $17300000.00  | 0.74%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Morgan Stanley                                                   | OTC (GENERIC) 1 YEAR           | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DIR              | CORP              | US        |  500000000 | OU      | $6398650.00   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| FANNIE MAE FNMA_17-72                                            | FNMA_17-72                     | CUSIP: 3136AXU52<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   16493630 | PA      | $679095.52    | 0.03%             | 2047-09-25      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE FNMA_17-90                                            | FNMA_17-90                     | CUSIP: 3136AYQT3<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |    6346077 | PA      | $822388.14    | 0.04%             | 2047-11-25      | Variable      | 1.69%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE FNMA_18-3                                             | FNMA_18-3                      | CUSIP: 3136B0VJ2<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   20067727 | PA      | $2691198.59   | 0.12%             | 2048-02-25      | Variable      | 1.69%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE FNMA_18-64                                            | FNMA_18-64                     | CUSIP: 3136B23K6<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   20479249 | PA      | $2730963.10   | 0.12%             | 2048-09-25      | Variable      | 1.74%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORPORATION FHLMC_5547                | FHLMC_5547                     | CUSIP: 3137HLW24<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   33757925 | PA      | $2115173.66   | 0.09%             | 2055-06-25      | Variable      | 0.75%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORPORATION FHLMC_25-5563             | FHLMC_5563                     | CUSIP: 3137HMER7<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   25529388 | PA      | $25595850.97  | 1.10%             | 2055-08-25      | Variable      | 5.70%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                            | FNMA 30YR UMBS                 | CUSIP: 3140QQD77<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   17113311 | PA      | $17049685.92  | 0.73%             | 2052-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                            | FNMA 30YR UMBS SUPER           | CUSIP: 3140W1VH3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   29350780 | PA      | $27913809.33  | 1.20%             | 2051-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GITSIT MORTGAGE LOAN TRUST GITSIT_25-NPL1                        | GITSIT_25-NPL1                 | CUSIP: 375926AA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    4110945 | PA      | $4119566.47   | 0.18%             | 2055-02-25      | Variable      | 6.20%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASS                                 | GNMA_10-9                      | CUSIP: 38375AN91<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   26550544 | PA      | $3233293.42   | 0.14%             | 2040-01-16      | Variable      | 2.13%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_14-6               | GNMA_14-6                      | CUSIP: 38378PQ84<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |    7778042 | PA      | $870863.03    | 0.04%             | 2044-01-20      | Variable      | 1.65%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASS                                 | GNMA_14-184                    | CUSIP: 38379HFE0<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |    3885740 | PA      | $386636.98    | 0.02%             | 2041-11-16      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASS                                 | GNMA_17-30                     | CUSIP: 38379U7F7<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |   40239704 | PA      | $1027384.03   | 0.04%             | 2058-08-16      | Variable      | 0.57%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_17-163             | GNMA_17-163                    | CUSIP: 38380KLT0<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |    7770277 | PA      | $1254285.11   | 0.05%             | 2047-11-20      | Variable      | 1.75%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_20-19              | GNMA_20-19                     | CUSIP: 38380N3D9<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |   17234604 | PA      | $785075.84    | 0.03%             | 2061-12-16      | Variable      | 0.72%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_19-102             | GNMA_19-102                    | CUSIP: 38380NKM0<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |   11962261 | PA      | $576259.18    | 0.02%             | 2060-03-16      | Variable      | 0.83%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_18-40              | GNMA_18-40                     | CUSIP: 38380V6B2<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |    5130326 | PA      | $644872.73    | 0.03%             | 2048-03-20      | Variable      | 1.75%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_18-63              | GNMA_18-63                     | CUSIP: 38380WWB1<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |    6853656 | PA      | $866297.98    | 0.04%             | 2048-04-20      | Variable      | 1.75%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_18-63              | GNMA_18-63                     | CUSIP: 38380WWC9<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |    6314290 | PA      | $731309.76    | 0.03%             | 2048-04-20      | Variable      | 1.75%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_18-78              | GNMA_18-78                     | CUSIP: 38380XFS1<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |    5788209 | PA      | $814002.18    | 0.03%             | 2048-06-20      | Variable      | 1.75%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_18-78              | GNMA_18-78                     | CUSIP: 38380XHW0<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |    5016309 | PA      | $854106.38    | 0.04%             | 2048-04-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_18-94              | GNMA_18-94                     | CUSIP: 38380XSN8<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |    5373855 | PA      | $788133.37    | 0.03%             | 2048-05-20      | Variable      | 1.75%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_18-124             | GNMA_18-124                    | CUSIP: 38380YV77<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |    7756732 | PA      | $1012076.66   | 0.04%             | 2048-09-20      | Variable      | 1.75%                 | No            |                  2 | On Loan: No      |
| A&D MTG TR ADMT_24-NQM1                                          | ADMT_24-NQM1                   | CUSIP: 00039GAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    3284563 | PA      | $3305596.95   | 0.14%             | 2069-02-25      | Variable      | 6.20%                 | No            |                  2 | On Loan: No      |
| A&D MTG TR ADMT_24-NQM1                                          | ADMT_24-NQM1                   | CUSIP: 00039GAE9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    5600000 | PA      | $5694917.20   | 0.24%             | 2069-02-25      | Variable      | 8.49%                 | No            |                  2 | On Loan: No      |
| GNMA_18-155                                                      | GNMA_18-155                    | CUSIP: 38381A2N5<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |    6588338 | PA      | $760856.88    | 0.03%             | 2048-11-20      | Variable      | 1.70%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_19-21              | GNMA_19-21                     | CUSIP: 38381B6Y5<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   26252921 | PA      | $3301633.00   | 0.14%             | 2046-10-20      | Variable      | 1.65%                 | No            |                  2 | On Loan: No      |
| COLT MORTGAGE LOAN TRUST COLT_25-5                               | COLT_25-5                      | CUSIP: 19689AAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    7751858 | PA      | $7807029.81   | 0.34%             | 2070-05-25      | Variable      | 5.54%                 | No            |                  2 | On Loan: No      |
| COLT MORTGAGE LOAN TRUST COLT_25-5                               | COLT_25-5                      | CUSIP: 19689AAE5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    3728000 | PA      | $3793072.61   | 0.16%             | 2070-05-25      | Variable      | 7.44%                 | No            |                  2 | On Loan: No      |
| RESEARCH-DRIVEN PAGAYA MOTOR ASSET TRUST I RPM_21-2A             | RPM_21-2A                      | CUSIP: 76088LAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2970561 | PA      | $2912446.32   | 0.13%             | 2030-03-25      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| RESIDENTIAL MORTGAGE TRUST RMLT_20-1                             | RMLT_20-1                      | CUSIP: 76119CAE1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    3938000 | PA      | $3769761.55   | 0.16%             | 2060-01-26      | Variable      | 3.95%                 | No            |                  2 | On Loan: No      |
| COLT MORTGAGE LOAN TRUST COLT_25-7                               | COLT_25-7                      | CUSIP: 19689CAB7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    7569000 | PA      | $7617000.33   | 0.33%             | 2070-06-25      | Variable      | 5.67%                 | No            |                  2 | On Loan: No      |
| COLUMBIA SHORT TERM CASH FUND                                    | COLUMBIA SHORT TERM CASH FUND  | CUSIP: 19766H239<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  206772867 | NS      | $206710835.07 | 8.87%             |  |  |  | No            |                  1 | On Loan: No      |
| SAIF SECURITIZATION TRUST SAIF_25-CES1                           | SAIF_25-CES1                   | CUSIP: 78438CAD3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    2453220 | PA      | $2458169.13   | 0.11%             | 2065-06-25      | Variable      | 6.24%                 | No            |                  2 | On Loan: No      |
| SALUDA GRADE ALTERNATIVE MORTGAGE TRUST GRADE_23-FIG4            | GRADE_23-FIG4                  | CUSIP: 79581UAD6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    7344855 | PA      | $12710132.75  | 0.55%             | 2053-11-25      | Variable      | 49.38%                | No            |                  2 | On Loan: No      |
| SALUDA GRADE ALTERNATIVE MORTGAGE TRUST GRADE_24-CES1            | GRADE_24-CES1                  | CUSIP: 79581VAE2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   12120000 | PA      | $12381032.08  | 0.53%             | 2054-03-25      | Variable      | 8.24%                 | No            |                  2 | On Loan: No      |
| SALUDA GRADE ALTERNATIVE MORTGAGE TRUST GRADE_23-FIG3            | GRADE_23-FIG3                  | CUSIP: 79582AAD9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    6227871 | PA      | $9237944.56   | 0.40%             | 2053-08-25      | Variable      | 3.99%                 | No            |                  2 | On Loan: No      |
| AFFIRM ASSET SECURITIZATION TRUST AFFRM_24-X2                    | AFFRM_24-X2                    | CUSIP: 00833Q105<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      70500 | PA      | $2572836.94   | 0.11%             | 2029-12-17      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| AJAX MORTGAGE LOAN TRUST AJAXM_21-C                              | AJAXM_21-C                     | CUSIP: 009733AA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    3196862 | PA      | $3206370.96   | 0.14%             | 2061-01-25      | Variable      | 5.12%                 | No            |                  2 | On Loan: No      |
| AJAX MORTGAGE LOAN TRUST AJAXM_21-E                              | AJAXM_21-E                     | CUSIP: 009740AE1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    8617660 | PA      | $4863576.35   | 0.21%             | 2060-12-25      | Variable      | 3.99%                 | No            |                  2 | On Loan: No      |
| UMBS                                                             | UMBS  30YR TBA(REG A)          | CUSIP: 01F032690<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |  403420484 | PA      | $364402667.37 | 15.65%            | 2055-09-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| UMBS                                                             | UMBS  30YR TBA(REG A)          | CUSIP: 01F040693<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |  567500000 | PA      | $529505176.98 | 22.73%            | 2055-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UMBS                                                             | UMBS  30YR TBA(REG A)          | CUSIP: 01F042699<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |  633000000 | PA      | $608760853.83 | 26.14%            | 2055-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| UMBS                                                             | UMBS  30YR TBA(REG A)          | CUSIP: 01F050692<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |  261000000 | PA      | $257379272.28 | 11.05%            | 2055-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UMBS                                                             | UMBS  30YR TBA(REG A)          | CUSIP: 01F052698<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |  290500000 | PA      | $292135439.47 | 12.54%            | 2055-09-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GNMA_19-43                                                       | GNMA_19-43                     | CUSIP: 38381TQ24<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   12677122 | PA      | $201529.47    | 0.01%             | 2049-04-20      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_19-103             | GNMA_19-103                    | CUSIP: 38381XW44<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   12247030 | PA      | $1770551.88   | 0.08%             | 2049-08-20      | Variable      | 1.60%                 | No            |                  2 | On Loan: No      |
| UMBS                                                             | UMBS  30YR TBA(REG A)          | CUSIP: 01F060691<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |  473000000 | PA      | $483199611.18 | 20.75%            | 2055-09-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ABCLN_25-A                                                       | ABCLN_25-A                     | CUSIP: 02007G5K5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    5500000 | PA      | $5552705.40   | 0.24%             | 2033-06-15      | Fixed         | 10.22%                | No            |                  2 | On Loan: No      |
| ALPHAFLOW TRANSITIONAL MORTGAGE TRUST AFLOW_21-WL1               | AFLOW_21-WL1                   | CUSIP: 02079YAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     832466 | PA      | $738941.45    | 0.03%             | 2026-01-25      | Fixed         | 3.28%                 | No            |                  2 | On Loan: No      |
| ANGEL OAK MORTGAGE TRUST AOMT_19-2                               | AOMT_19-2                      | CUSIP: 03463WAF0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    4800000 | PA      | $4912990.56   | 0.21%             | 2049-03-25      | Variable      | 6.29%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_20-62              | GNMA_20-62                     | CUSIP: 38382FLJ1<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |    8300391 | PA      | $1074532.10   | 0.05%             | 2050-05-20      | Variable      | 1.70%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_20-67              | GNMA_20-67                     | CUSIP: 38382FQZ0<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   16652122 | PA      | $2106959.74   | 0.09%             | 2050-05-20      | Variable      | 1.50%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_20-78              | GNMA_20-78                     | CUSIP: 38382FW34<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   21453127 | PA      | $2807167.36   | 0.12%             | 2050-06-20      | Variable      | 1.70%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_20-85              | GNMA_20-85                     | CUSIP: 38382FWM2<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   11055147 | PA      | $2298671.34   | 0.10%             | 2050-06-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_20-104             | GNMA_20-104                    | CUSIP: 38382HGQ7<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |    8646907 | PA      | $1135172.91   | 0.05%             | 2050-07-20      | Variable      | 1.75%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_20-133             | GNMA_20-133                    | CUSIP: 38382JC46<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   54363239 | PA      | $7684890.69   | 0.33%             | 2050-09-20      | Variable      | 1.85%                 | No            |                  2 | On Loan: No      |
| ANGEL OAK MORTGAGE TRUST AOMT_19-6                               | AOMT_19-6                      | CUSIP: 03464VAE4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    9450000 | PA      | $8898675.66   | 0.38%             | 2059-11-25      | Variable      | 3.94%                 | No            |                  2 | On Loan: No      |
| ANGEL OAK MORTGAGE TRUST AOMT_21-5                               | AOMT_21-5                      | CUSIP: 03465HAC8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    3497813 | PA      | $3070989.78   | 0.13%             | 2066-07-25      | Variable      | 1.31%                 | No            |                  2 | On Loan: No      |
| ANGEL OAK MORTGAGE TRUST AOMT_25-8                               | AOMT_25-8                      | CUSIP: 03466UAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    6631678 | PA      | $6672038.07   | 0.29%             | 2070-07-25      | Variable      | 5.41%                 | No            |                  2 | On Loan: No      |
| ARES CLO LTD ARES_21-60A                                         | ARES_21-60A                    | CUSIP: 04018JAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |    5000000 | PA      | $5003475.00   | 0.21%             | 2034-07-18      | Variable      | 10.84%                | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_20-160             | GNMA_20-160                    | CUSIP: 38382KE58<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   29401170 | PA      | $4422691.58   | 0.19%             | 2050-10-20      | Variable      | 1.85%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_20-160             | GNMA_20-160                    | CUSIP: 38382KG49<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   11559926 | PA      | $1680765.87   | 0.07%             | 2050-10-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_20-160             | GNMA_20-160                    | CUSIP: 38382KG80<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   16054047 | PA      | $2333454.18   | 0.10%             | 2050-10-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_20-160             | GNMA_20-160                    | CUSIP: 38382KH22<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   12847823 | PA      | $1883127.22   | 0.08%             | 2050-10-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ASP WHCO PARTICIPATION LP ASPWP-29-1A                            | ASPWP-29-1A                    | CUSIP: 04524YAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   18000000 | PA      | $18000000.00  | 0.77%             | 2029-03-29      | Variable      | 6.71%                 | No            |                  3 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_20-162             | GNMA_20-162                    | CUSIP: 38382KNS8<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   12153237 | PA      | $1776884.66   | 0.08%             | 2050-10-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_20-148             | GNMA_20-148                    | CUSIP: 38382KZY2<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   17807057 | PA      | $2565704.86   | 0.11%             | 2050-10-20      | Variable      | 1.85%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_20-187             | GNMA_20-187                    | CUSIP: 38382LD40<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   16084435 | PA      | $2385570.96   | 0.10%             | 2050-12-20      | Variable      | 1.85%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_20-164             | GNMA_20-164                    | CUSIP: 38382LGD7<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   14811660 | PA      | $2511725.83   | 0.11%             | 2050-11-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_20-175             | GNMA_20-175                    | CUSIP: 38382LMJ7<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   20346621 | PA      | $3016201.39   | 0.13%             | 2050-11-20      | Variable      | 1.85%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_21-7               | GNMA_21-7                      | CUSIP: 38382M5E5<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   27629011 | PA      | $6304989.94   | 0.27%             | 2051-01-16      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_20-191             | GNMA_20-191                    | CUSIP: 38382MRS0<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   27226843 | PA      | $4292221.99   | 0.18%             | 2050-12-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_20-191             | GNMA_20-191                    | CUSIP: 38382MRY7<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   18012203 | PA      | $4048006.73   | 0.17%             | 2050-12-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_21-24              | GNMA_21-24                     | CUSIP: 38382NPZ4<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   14283743 | PA      | $2362955.35   | 0.10%             | 2051-02-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_21-29              | GNMA_21-29                     | CUSIP: 38382NV46<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   18245421 | PA      | $3502194.05   | 0.15%             | 2051-02-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_21-44              | GNMA_21-44                     | CUSIP: 38382PLL4<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   21707061 | PA      | $3718133.00   | 0.16%             | 2051-03-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_21-44              | GNMA_21-44                     | CUSIP: 38382PSC7<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   14335537 | PA      | $2365261.76   | 0.10%             | 2051-03-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST CAS_21-R03                   | CAS_21-R03                     | CUSIP: 20754AAJ2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    7059000 | PA      | $7349525.15   | 0.32%             | 2041-12-25      | Variable      | 9.85%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE CONNECTICUT AVENUE SECURITIES TRUST CAS_21-R02        | CAS_21-R02                     | CUSIP: 20754KAJ0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   11350000 | PA      | $11836918.41  | 0.51%             | 2041-11-25      | Variable      | 10.55%                | No            |                  2 | On Loan: No      |
| EASY MORTGAGE LOAN TRUST EASY_25-RTL1                            | EASY_25-RTL1                   | CUSIP: 27786FAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   10000000 | PA      | $10048114.00  | 0.43%             | 2040-05-25      | Variable      | 6.46%                 | No            |                  2 | On Loan: No      |
| EASY MORTGAGE LOAN TRUST EASY_25-RTL1                            | EASY_25-RTL1                   | CUSIP: 27786FAC3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    3750000 | PA      | $3710244.75   | 0.16%             | 2040-05-25      | Variable      | 9.12%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_21-42              | GNMA_21-42                     | CUSIP: 38382PZX3<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   29693151 | PA      | $4219738.30   | 0.18%             | 2051-03-20      | Variable      | 1.85%                 | No            |                  2 | On Loan: No      |
| NEW RESIDENTIAL MORTGAGE LOAN TRUST NRZT_24-RPL1                 | NRZT_24-RPL1                   | CUSIP: 64832AAE7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    6748000 | PA      | $4362422.75   | 0.19%             | 2064-01-25      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| NEW RESIDENTIAL MORTGAGE LOAN TRUST NRZT_24-RPL1                 | NRZT_24-RPL1                   | CUSIP: 64832AAF4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    5287000 | PA      | $2953837.38   | 0.13%             | 2064-01-25      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| ONSLOW BAY FINANCIAL LLC TRUST OBX_21-NQM2                       | OBX_21-NQM2                    | CUSIP: 670857AA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    6799124 | PA      | $5624832.44   | 0.24%             | 2061-05-25      | Variable      | 1.10%                 | No            |                  2 | On Loan: No      |
| EDGEX ISSUER TRUST EDGEX_25-1                                    | EDGEX_25-1NN                   | CUSIP: 280579103<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    8358000 | PA      | $8174403.58   | 0.35%             | 2031-01-15      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| EDGEX ISSUER TRUST EDGEX_25-1                                    | EDGEX_25-1NN                   | CUSIP: 280579AB9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    6537500 | PA      | $6561778.97   | 0.28%             | 2031-01-15      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| OSW STRUCTURED ASSET TRUST OSAT_21-RPL1                          | OSAT_21-RPL1                   | CUSIP: 67114HAB0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    5431096 | PA      | $5242911.41   | 0.23%             | 2065-05-25      | Variable      | 7.97%                 | No            |                  2 | On Loan: No      |
| PRP ADVISORS LLC PRPM_25-RCF3                                    | PRPM_25-RCF3                   | CUSIP: 69392PAD7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1100000 | PA      | $1048450.92   | 0.05%             | 2055-07-25      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| PRP ADVISORS LLC PRPM_25-RCF3                                    | PRPM_25-RCF3                   | CUSIP: 69392PAE5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1000000 | PA      | $938874.30    | 0.04%             | 2055-07-25      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| PRP ADVISORS LLC PRPM_25-RCF3                                    | PRPM_25-RCF3                   | CUSIP: 69392PAF2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    2000000 | PA      | $1831342.60   | 0.08%             | 2055-07-25      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| PRPM LLC PRPM_23-NQM1                                            | PRPM_23-NQM1                   | CUSIP: 693965AE5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    2700000 | PA      | $2679396.84   | 0.12%             | 2068-01-25      | Variable      | 6.27%                 | No            |                  2 | On Loan: No      |
| PRPM LLC PRPM_24-RCF2                                            | PRPM_24-RCF2                   | CUSIP: 693987AD1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    2800000 | PA      | $2639965.16   | 0.11%             | 2054-03-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| PRPM LLC PRPM_24-RCF2                                            | PRPM_24-RCF2                   | CUSIP: 693987AE9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   11150000 | PA      | $10131002.62  | 0.43%             | 2054-03-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| PAGAYA POINT OF SALE HOLDINGS POSH_25-1                          | POSH_25-1                      | CUSIP: 694952AA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    8200000 | PA      | $8258837.46   | 0.35%             | 2034-01-20      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| ELMWOOD CLO VIII LTD ELMW8_21-1A                                 | ELMW8_21-1A                    | CUSIP: 290021AL8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |    2500000 | PA      | $2499997.50   | 0.11%             | 2037-04-20      | Variable      | 10.58%                | No            |                  2 | On Loan: No      |
| FIGRE TRUST FIGRE_25-HE1                                         | FIGRE_25-HE1                   | CUSIP: 30191LAF6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    2110000 | PA      | $2168023.73   | 0.09%             | 2055-01-25      | Variable      | 9.08%                 | No            |                  2 | On Loan: No      |
| Citi                                                             | OTC (GENERIC) 0 YEAR           | CUSIP: 000000000<br>LEI: MBNUM2BPBDO7JBLYG310 | N/A              | DIR              | CORP              | US        | -600000000 | OU      | $-1014840.00  | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| FMC GMSR ISSUER TRUST FMMSR_20-GT1                               | FMMSR_20-GT1                   | CUSIP: 30259RAE5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    9050000 | PA      | $8880487.17   | 0.38%             | 2026-01-25      | Variable      | 4.45%                 | No            |                  2 | On Loan: No      |
| FREDDIE_MAC FHLMC_304                                            | FHLMC_304                      | CUSIP: 31325UQQ2<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |    1221355 | PA      | $171168.34    | 0.01%             | 2042-12-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT SELECTION TRUST PAID_24-2                         | PAID_24-2                      | CUSIP: 694961AC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2538166 | PA      | $2569794.72   | 0.11%             | 2031-08-15      | Fixed         | 7.57%                 | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT SELECTION TRUST PAID_24-5                         | PAID_24-5                      | CUSIP: 69544LAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4138991 | PA      | $4200182.62   | 0.18%             | 2031-10-15      | Fixed         | 7.27%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORPO                                 | FHLMC_309                      | CUSIP: 31325USF4<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |    1507649 | PA      | $168286.99    | 0.01%             | 2043-08-15      | Variable      | 1.51%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORPORATION                           | FHLMC 30YR UMBS SUPER          | CUSIP: 3132DPFF0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   22561711 | PA      | $21147928.95  | 0.91%             | 2052-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT SELECTION TRUST PAID_21-2                         | PAID_21-2                      | CUSIP: 69546LAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     443295 | PA      | $440852.69    | 0.02%             | 2029-01-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT SELECTION TRUST PAID_24-9                         | PAID_24-9                      | CUSIP: 69546QAD0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    8335201 | PA      | $8335354.20   | 0.36%             | 2032-03-15      | Fixed         | 6.17%                 | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT SELECTION TRUST PAID_21-3                         | PAID_21-3                      | CUSIP: 69546RAD8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   12925852 | PA      | $95059.95     | 0.00%             | 2029-05-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT SELECTION TRUST PAID_20-3                         | PAID_20-3                      | CUSIP: 69546T102<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   23803550 | PA      | $231062.24    | 0.01%             | 2027-05-17      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT SELECTION TRUST PAID_21-5                         | PAID_21-5                      | CUSIP: 69547EAD6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   12321273 | PA      | $241510.75    | 0.01%             | 2029-08-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT SELECTION TRUST PAID_21-1                         | PAID_21-1                      | CUSIP: 69547JAD5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1901904 | PA      | $0.02         | 0.00%             | 2027-11-15      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORPORATION                           | FHLMC 30YR UMBS SUPER          | CUSIP: 3132E0B27<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   19447977 | PA      | $19621136.05  | 0.84%             | 2052-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORPORATION                           | FHLMC 30YR UMBS SUPER          | CUSIP: 3132E0KZ4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   20978224 | PA      | $21345854.94  | 0.92%             | 2053-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT SELECTION TRUST PAID_23-6                         | PAID_23-6                      | CUSIP: 69547UAD0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   10909752 | PA      | $11028030.04  | 0.47%             | 2031-06-16      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT SELECTION TRUST PAID_24-3                         | PAID_24-3                      | CUSIP: 69547XAB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4643758 | PA      | $4694269.28   | 0.20%             | 2031-10-15      | Fixed         | 6.57%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE FNMA_13-101                                           | FNMA_13-101                    | CUSIP: 3136AGA93<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |    1703830 | PA      | $189270.97    | 0.01%             | 2043-10-25      | Variable      | 1.44%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE FNMA_13-101                                           | FNMA_13-101                    | CUSIP: 3136AGZK1<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |    8718473 | PA      | $1164923.19   | 0.05%             | 2043-10-25      | Variable      | 2.04%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE FNMA_14-93                                            | FNMA_14-93                     | CUSIP: 3136AMDR7<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |     945795 | PA      | $120526.67    | 0.01%             | 2045-01-25      | Variable      | 1.69%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE FNMA_15-29                                            | FNMA_15-27                     | CUSIP: 3136ANXF9<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |    7464847 | PA      | $689742.20    | 0.03%             | 2045-05-25      | Variable      | 1.19%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE FNMA_16-31                                            | FNMA_16-31                     | CUSIP: 3136ASJN7<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |    1024849 | PA      | $128873.28    | 0.01%             | 2046-06-25      | Variable      | 1.54%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE FNMA_17-81                                            | FNMA_17-81                     | CUSIP: 3136AX4E2<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |   22720945 | PA      | $2997199.32   | 0.13%             | 2047-10-25      | Variable      | 1.74%                 | No            |                  2 | On Loan: No      |
| STARWOOD MORTGAGE RESIDENTIAL TRUST STAR_20-INV1                 | STAR_20-INV1                   | CUSIP: 85573EAF4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1400000 | PA      | $1292675.16   | 0.06%             | 2055-11-25      | Fixed         | 4.26%                 | No            |                  2 | On Loan: No      |
| STARWOOD MORTGAGE RESIDENTIAL TRUST STAR_21-3                    | STAR_21-3                      | CUSIP: 85573JAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    3320771 | PA      | $2943895.56   | 0.13%             | 2056-06-25      | Variable      | 1.13%                 | No            |                  2 | On Loan: No      |
| STAR_20-3                                                        | STAR_20-3                      | CUSIP: 85573MAE9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    4750000 | PA      | $4443671.55   | 0.19%             | 2065-04-25      | Variable      | 4.75%                 | No            |                  2 | On Loan: No      |
| THEOREM FUNDING TRUST THRM_22-3                                  | THRM_22-3A                     | CUSIP: 882925AA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     164153 | PA      | $164264.36    | 0.01%             | 2029-04-15      | Fixed         | 7.60%                 | No            |                  2 | On Loan: No      |
| TOORAK MORTGAGE TRUST TRK_25-RRTL1                               | TRK_25-RRTL1                   | CUSIP: 89053JAH0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    3800000 | PA      | $3849923.26   | 0.17%             | 2040-02-25      | Variable      | 8.34%                 | No            |                  2 | On Loan: No      |
| TOORAK MORTGAGE TRUST TRK_24-RRTL1                               | TRK_24-RRTL1                   | CUSIP: 89054YAE3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    5700000 | PA      | $5771901.51   | 0.25%             | 2039-02-25      | Variable      | 10.12%                | No            |                  2 | On Loan: No      |
| TOORAK MORTGAGE TRUST TRK_24-RRTL2                               | TRK_24-RRTL2                   | CUSIP: 89055JAD7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    5375000 | PA      | $5359568.38   | 0.23%             | 2039-09-25      | Variable      | 7.26%                 | No            |                  2 | On Loan: No      |
| TOORAK MORTGAGE TRUST TRK_24-RRTL2                               | TRK_24-RRTL2                   | CUSIP: 89055JAF2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    2750000 | PA      | $2742468.58   | 0.12%             | 2039-09-25      | Variable      | 8.18%                 | No            |                  2 | On Loan: No      |
| TOORAK MORTGAGE TRUST TRK_24-RRT1                                | TRK_24-RRT1                    | CUSIP: 890938AE3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1968000 | PA      | $1987163.79   | 0.09%             | 2039-02-25      | Variable      | 10.12%                | No            |                  2 | On Loan: No      |
| GENWORTH MORTGAGE INSURANCE CORPORATION TMIR_21-2                | TMIR_21-2                      | CUSIP: 89600GAD3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | BM        |    9283470 | PA      | $9483584.31   | 0.41%             | 2033-10-25      | Variable      | 9.95%                 | No            |                  2 | On Loan: No      |
| GENWORTH MORTGAGE INSURANCE CORPORATION TMIR_21-2                | TMIR_21-2                      | CUSIP: 89600GAE1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | BM        |    7100000 | PA      | $7392477.40   | 0.32%             | 2033-10-25      | Variable      | 11.95%                | No            |                  2 | On Loan: No      |
| GENWORTH MORTGAGE INSURANCE CORPORATION TMIR_21-3                | TMIR_21-3                      | CUSIP: 89600HAC3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    7012790 | PA      | $7031882.70   | 0.30%             | 2034-02-25      | Variable      | 7.25%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE FNMA_17-50                                            | FNMA_17-50                     | CUSIP: 3136AXAQ8<br>LEI: N/A                  | Long             | ABS-CBDO         | USGA              | US        |    6315598 | PA      | $751184.86    | 0.03%             | 2047-07-25      | Variable      | 1.64%                 | No            |                  2 | On Loan: No      |
| JPMorgan                                                         | OTC (GENERIC) 0 YEAR           | CUSIP: 000000000<br>LEI: ZBUT11V806EZRVTWT807 | N/A              | DIR              | CORP              | US        | -615000000 | OU      | $-1040211.00  | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| Citi                                                             | OTC (GENERIC) 0 YEAR           | CUSIP: 000000000<br>LEI: MBNUM2BPBDO7JBLYG310 | N/A              | DIR              | CORP              | US        | -425000000 | OU      | $-657050.00   | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| Citi                                                             | OTC (GENERIC) 0 YEAR           | CUSIP: 000000000<br>LEI: MBNUM2BPBDO7JBLYG310 | N/A              | DIR              | CORP              | US        | -235000000 | OU      | $-690124.50   | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                                      | OTC (GENERIC) 1 YEAR           | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DIR              | CORP              | GB        |  211382252 | OU      | $1389183.02   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| GENWORTH MORTGAGE INSURANCE CORPORATION TMIR_21-3                | TMIR_21-3                      | CUSIP: 89600HAG4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    7500000 | PA      | $7679319.00   | 0.33%             | 2034-02-25      | Variable      | 9.30%                 | No            |                  2 | On Loan: No      |
| USASF RECEIVABLES LLC USAUT_21-1A                                | USAUT_21-1A                    | CUSIP: 90355EAD3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2375000 | PA      | $47320.93     | 0.00%             | 2027-03-15      | Fixed         | 4.36%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                   | US 5YR NOTE DEC 25             | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DIR              | CORP              | US        |       1299 | NC      | $910580.81    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                                                   | THREE-MONTH SOFR FUTURE MAR 26 | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DIR              | CORP              | US        |      -2301 | NC      | $-112777.76   | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                                                   | THREE-MONTH SOFR FUTURE SEP 25 | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DIR              | CORP              | US        |       2311 | NC      | $-234670.50   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                                                   | US 2YR NOTE DEC 25             | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DIR              | CORP              | US        |       -269 | NC      | $-25869.73    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| UPGRADE MASTER PASS-THRU TRUST UMPT_25-ST5                       | UMPT_25-ST5                    | CUSIP: 91535BAD0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    5250000 | PA      | $4965555.00   | 0.21%             | 2032-09-15      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| UATSP_25-1GS                                                     | UATSP_25-1GS                   | CUSIP: 91684D103<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      18723 | PA      | $5289247.50   | 0.23%             | 2030-02-20      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| Morgan Stanley                                                   | US 10YR NOTE DEC 25            | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DIR              | CORP              | US        |     -14011 | NC      | $-4631966.54  | -0.20%            |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                                                   | US LONG BOND DEC 25            | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DIR              | CORP              | US        |      -2920 | NC      | $-1718352.84  | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                                                   | US ULTRA T-BOND DEC 25         | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DIR              | CORP              | US        |        103 | NC      | $7891.45      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs International                                      | CDS: (CMBX.NA.17.BBB-)         | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DCR              | CORP              | GB        |   -9500000 | OU      | $-1201120.15  | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| Citi                                                             | OTC (GENERIC) 0 YEAR           | CUSIP: 000000000<br>LEI: MBNUM2BPBDO7JBLYG310 | N/A              | DIR              | CORP              | US        |  285000000 | OU      | $4092942.00   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Citi                                                             | OTC (GENERIC) 0 YEAR           | CUSIP: 000000000<br>LEI: MBNUM2BPBDO7JBLYG310 | N/A              | DIR              | CORP              | US        |   46489600 | OU      | $270406.76    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                                      | CDS: (CMBX.NA.17.BBB-)         | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DCR              | CORP              | GB        |   -5000000 | OU      | $-632168.50   | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| Citi                                                             | OTC (GENERIC) 0 YEAR           | CUSIP: 000000000<br>LEI: MBNUM2BPBDO7JBLYG310 | N/A              | DIR              | CORP              | US        |  378000000 | OU      | $109960.20    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CHNGE_22-1                                                       | CHNGE_22-1                     | CUSIP: 17030JAB2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    4650000 | PA      | $3987024.86   | 0.17%             | 2067-01-25      | Variable      | 3.99%                 | No            |                  2 | On Loan: No      |
| CHNGE_22-1                                                       | CHNGE_22-1                     | CUSIP: 17030JAC0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    8350000 | PA      | $7109910.61   | 0.31%             | 2067-01-25      | Variable      | 4.55%                 | No            |                  2 | On Loan: No      |
| CHNGE_22-1                                                       | CHNGE_22-1                     | CUSIP: 17030JAD8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    7431000 | PA      | $5588752.55   | 0.24%             | 2067-01-25      | Variable      | 4.55%                 | No            |                  2 | On Loan: No      |
| CITIGROUP MORTGAGE LOAN TRUST IN                                 | CMLTI_15-RP2                   | CUSIP: 17323TAK6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   13210737 | PA      | $9857331.54   | 0.42%             | 2053-01-25      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| UPSTART SECURITIZATION TRUST UPST_24-1                           | UPST_24-1                      | CUSIP: 91684NAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   12250000 | PA      | $12794392.17  | 0.55%             | 2034-11-20      | Fixed         | 8.68%                 | No            |                  2 | On Loan: No      |
| UPSTART SECURITIZATION TRUST UPST_25-1                           | UPST_25-1                      | CUSIP: 91684PAC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   10850000 | PA      | $11419821.39  | 0.49%             | 2035-04-20      | Fixed         | 9.27%                 | No            |                  2 | On Loan: No      |
| VELOCITY COMMERCIAL CAPITAL LOAN TRUST VCC_25-MC1                | VCC_25-MC1                     | CUSIP: 91825JAB6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    5214000 | PA      | $5208625.41   | 0.22%             | 2055-05-25      | Variable      | 12.05%                | No            |                  2 | On Loan: No      |
| VERICREST OPPORTUNITY LOAN TRANSFEREE VOLT_21-NPL6               | VOLT_21-NPL6                   | CUSIP: 91835EAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1261993 | PA      | $1261590.46   | 0.05%             | 2051-04-25      | Variable      | 5.24%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-25

**Name of Applicant:** Columbia Funds Series Trust II

**Signature:** Martha Skinner

**Name of Signer:** Martha Skinner

**Title:** Assistant Treasurer