# EDGAR Filing Document

**Accession Number:** 0000787623
**File Stem:** 0001410368-25-007622
**Filing Date:** 2025-9
**Character Count:** 170340
**Document Hash:** 46944faaa20c950da5eece054308e55d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-007622.hdr.sgml**: 20250922

**ACCESSION NUMBER**: 0001410368-25-007622

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250922

**DATE AS OF CHANGE**: 20250922

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TRANSAMERICA FUNDS
- **CENTRAL INDEX KEY:** 0000787623

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04556
- **FILM NUMBER:** 251328864

**BUSINESS ADDRESS:**
- **STREET 1:** 1801 CALIFORNIA STREET
- **STREET 2:** SUITE 5200
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80202
- **BUSINESS PHONE:** 720-482-8836

**MAIL ADDRESS:**
- **STREET 1:** 1801 CALIFORNIA STREET
- **STREET 2:** SUITE 5200
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80202

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TRANSAMERICA IDEX MUTUAL FUNDS
- **DATE OF NAME CHANGE:** 20040301

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** IDEX MUTUAL FDS
- **DATE OF NAME CHANGE:** 20010504

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** IDEX MUTUAL FUNDS /
- **DATE OF NAME CHANGE:** 20010423

## Series and Classes Contracts Data

### Transamerica Long Credit (Series ID: S000080097)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000241761 | I            | TLCJX           |
| C000241763 | A            | TLCDX           |
| C000246912 | I2           |  |

## Nport-Ex

**Transamerica Long Credit**

------

**SCHEDULE OF INVESTMENTS**

**At July 31, 2025**

**(unaudited)**

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

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **CORPORATE DEBT SECURITIES - 88.4%**  | **CORPORATE DEBT SECURITIES - 88.4%**  | **CORPORATE DEBT SECURITIES - 88.4%**  |
| **Aerospace & Defense - 2.7%**  | **Aerospace & Defense - 2.7%**  | **Aerospace & Defense - 2.7%**  |
| BAE Systems PLC |  |  |
| 5.50%, 03/26/2054 <sup>(A)</sup><sup>(B)</sup> <br>| $880000 | $864637 |
| Boeing Co. |  |  |
| 3.83%, 03/01/2059 | 2486000 | 1693659 |
| 5.93%, 05/01/2060 | 2115000 | 2023568 |
| 6.86%, 05/01/2054 | 3502000 | 3849271 |
| General Electric Co. |  |  |
| 4.13%, 10/09/2042 | 1552000 | 1292820 |
| 4.50%, 03/11/2044 | 1240000 | 1095719 |
| RTX Corp. |  |  |
| 4.15%, 05/15/2045 | 2263000 | 1846017 |
| 4.63%, 11/16/2048 | 3493000 | 3001107 |
|  |  | 15666798 |
| **Automobile Components - 0.5%**  | **Automobile Components - 0.5%**  | **Automobile Components - 0.5%**  |
| Aptiv Swiss Holdings Ltd. |  |  |
| 4.15%, 05/01/2052 | 1927000 | 1388390 |
| Lear Corp. |  |  |
| 3.55%, 01/15/2052 | 2327000 | 1485327 |
|  |  | 2873717 |
| **Automobiles - 0.7%**  | **Automobiles - 0.7%**  | **Automobiles - 0.7%**  |
| Ford Motor Co. |  |  |
| 4.75%, 01/15/2043 | 1246000 | 965679 |
| General Motors Co. |  |  |
| 6.25%, 10/02/2043 | 3202000 | 3172324 |
|  |  | 4138003 |
| **Banks - 8.4%**  | **Banks - 8.4%**  | **Banks - 8.4%**  |
| Bank of America Corp. |  |  |
| &nbsp;&nbsp;&nbsp; Fixed until 04/22/2041, <br>3.31% <sup>(C)</sup>, 04/22/2042<br>| 1509000 | 1153104 |
| &nbsp;&nbsp;&nbsp; Fixed until 03/20/2050, <br>4.08% <sup>(C)</sup>, 03/20/2051<br>| 3502000 | 2774151 |
| &nbsp;&nbsp;&nbsp; Fixed until 04/25/2033, <br>5.29% <sup>(C)</sup>, 04/25/2034<br>| 3516000 | 3581854 |
| &nbsp;&nbsp;&nbsp; Fixed until 05/09/2035, <br>5.46% <sup>(C)</sup>, 05/09/2036<br>| 2027000 | 2074092 |
| Bank of New York Mellon Corp. |  |  |
| &nbsp;&nbsp;&nbsp; Fixed until 07/21/2034, <br>5.61% <sup>(C)</sup>, 07/21/2039<br>| 431000 | 440682 |
| BPCE SA |  |  |
| &nbsp;&nbsp;&nbsp; Fixed until 10/19/2041, <br>3.58% <sup>(C)</sup>, 10/19/2042 <sup>(A)</sup> <br>| 1021000 | 735963 |
| &nbsp;&nbsp;&nbsp; Fixed until 07/19/2032, <br>5.75% <sup>(C)</sup>, 07/19/2033 <sup>(A)</sup> <br>| 1642000 | 1681723 |
| Citigroup, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; Fixed until 01/24/2038, <br>3.88% <sup>(C)</sup>, 01/24/2039<br>| 4575000 | 3926954 |
| Goldman Sachs Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; Fixed until 07/23/2034, <br>5.33% <sup>(C)</sup>, 07/23/2035<br>| 3036000 | 3067010 |
| &nbsp;&nbsp;&nbsp; Fixed until 01/28/2055, <br>5.73% <sup>(C)</sup>, 01/28/2056<br>| 1489000 | 1495259 |
| Intesa Sanpaolo SpA |  |  |
| 7.80%, 11/28/2053 <sup>(A)</sup> <br>| 1861000 | 2214227 |
| JPMorgan Chase & Co. |  |  |
| &nbsp;&nbsp;&nbsp; Fixed until 04/22/2040, <br>3.11% <sup>(C)</sup>, 04/22/2041<br>| 8200000 | 6266629 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** |
| **Banks (continued)** | **Banks (continued)** | **Banks (continued)** |
| JPMorgan Chase & Co. (continued) |  |  |
| &nbsp;&nbsp;&nbsp; Fixed until 06/01/2033, <br>5.35% <sup>(C)</sup>, 06/01/2034<br>| $2327000 | $2387054 |
| &nbsp;&nbsp;&nbsp; Fixed until 07/23/2035, <br>5.58% <sup>(C)</sup>, 07/23/2036<br>| 1216000 | 1231753 |
| Morgan Stanley |  |  |
| &nbsp;&nbsp;&nbsp; Fixed until 07/22/2037, <br>3.97% <sup>(C)</sup>, 07/22/2038<br>| 2206000 | 1931817 |
| &nbsp;&nbsp;&nbsp; Fixed until 07/19/2034, <br>5.32% <sup>(C)</sup>, 07/19/2035<br>| 1266000 | 1281934 |
| &nbsp;&nbsp;&nbsp; Fixed until 11/19/2054, <br>5.52% <sup>(C)</sup>, 11/19/2055<br>| 777000 | 761166 |
| &nbsp;&nbsp;&nbsp; Fixed until 01/18/2035, <br>5.59% <sup>(C)</sup>, 01/18/2036<br>| 2771000 | 2844030 |
| NatWest Group PLC |  |  |
| &nbsp;&nbsp;&nbsp; Fixed until 03/01/2034, <br>5.78% <sup>(C)</sup>, 03/01/2035<br>| 843000 | 875065 |
| Truist Financial Corp. |  |  |
| &nbsp;&nbsp;&nbsp; Fixed until 01/26/2033, <br>5.12% <sup>(C)</sup>, 01/26/2034<br>| 929000 | 929310 |
| &nbsp;&nbsp;&nbsp; Fixed until 06/08/2033, <br>5.87% <sup>(C)</sup>, 06/08/2034<br>| 1115000 | 1165786 |
| UBS Group AG |  |  |
| &nbsp;&nbsp;&nbsp; Fixed until 09/06/2044, <br>5.38% <sup>(C)</sup>, 09/06/2045 <sup>(A)</sup> <br>| 1200000 | 1157846 |
| &nbsp;&nbsp;&nbsp; Fixed until 08/12/2032, <br>6.54% <sup>(C)</sup>, 08/12/2033 <sup>(A)</sup> <br>| 790000 | 860251 |
| Wells Fargo & Co. |  |  |
| 4.75%, 12/07/2046 | 5403000 | 4666108 |
|  |  | 49503768 |
| **Beverages - 1.7%**  | **Beverages - 1.7%**  | **Beverages - 1.7%**  |
| Anheuser-Busch InBev Worldwide, Inc. |  |  |
| 4.44%, 10/06/2048 | 9483000 | 8015893 |
| Constellation Brands, Inc. |  |  |
| 5.25%, 11/15/2048 | 945000 | 861861 |
| Pernod Ricard SA |  |  |
| 5.50%, 01/15/2042 <sup>(A)</sup> <br>| 1427000 | 1362735 |
|  |  | 10240489 |
| **Biotechnology - 2.2%**  | **Biotechnology - 2.2%**  | **Biotechnology - 2.2%**  |
| Amgen, Inc. |  |  |
| 4.20%, 02/22/2052 | 1797000 | 1394485 |
| 5.75%, 03/02/2063 | 2677000 | 2568316 |
| CSL Finance PLC |  |  |
| 4.95%, 04/27/2062 <sup>(A)</sup> <br>| 3874000 | 3343902 |
| Gilead Sciences, Inc. |  |  |
| 5.50%, 11/15/2054 | 2785000 | 2719829 |
| 5.55%, 10/15/2053 | 1439000 | 1413182 |
| Royalty Pharma PLC |  |  |
| 5.90%, 09/02/2054 | 1446000 | 1396833 |
|  |  | 12836547 |
| **Building Products - 1.7%**  | **Building Products - 1.7%**  | **Building Products - 1.7%**  |
| Amrize Finance U.S. LLC |  |  |
| 4.75%, 09/22/2046 <sup>(A)</sup> <br>| 3770000 | 3229922 |
| Carrier Global Corp. |  |  |
| 6.20%, 03/15/2054 | 1607000 | 1717260 |

---

**Transamerica Funds**

**Page 1**

------

**Transamerica Long Credit**

------

**SCHEDULE OF INVESTMENTS (continued)**

**At July 31, 2025**

**(unaudited)**

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** |
| **Building Products (continued)** | **Building Products (continued)** | **Building Products (continued)** |
| CRH America Finance, Inc. |  |  |
| 5.88%, 01/09/2055 | $1704000 | $1734371 |
| GCC SAB de CV |  |  |
| 3.61%, 04/20/2032 <sup>(A)</sup> <br>| 471000 | 418965 |
| Owens Corning |  |  |
| 4.30%, 07/15/2047 | 1555000 | 1251954 |
| Vulcan Materials Co. |  |  |
| 5.70%, 12/01/2054 | 1545000 | 1527934 |
|  |  | 9880406 |
| **Chemicals - 1.8%**  | **Chemicals - 1.8%**  | **Chemicals - 1.8%**  |
| LYB International Finance BV |  |  |
| 4.88%, 03/15/2044 | 1472000 | 1233664 |
| Nutrien Ltd. |  |  |
| 5.00%, 04/01/2049 | 3851000 | 3406264 |
| OCP SA |  |  |
| 6.88%, 04/25/2044 <sup>(D)</sup> <br>| 471000 | 460344 |
| Orbia Advance Corp. SAB de CV |  |  |
| 5.88%, 09/17/2044 <sup>(D)</sup> <br>| 3540000 | 2977801 |
| Westlake Corp. |  |  |
| 4.38%, 11/15/2047 | 3152000 | 2449650 |
|  |  | 10527723 |
| **Commercial Services & Supplies - 3.1%**  | **Commercial Services & Supplies - 3.1%**  | **Commercial Services & Supplies - 3.1%**  |
| Ashtead Capital, Inc. |  |  |
| 5.80%, 04/15/2034 <sup>(A)</sup> <br>| 1409000 | 1446746 |
| Equifax, Inc. |  |  |
| 7.00%, 07/01/2037 | 3657000 | 4083134 |
| GXO Logistics, Inc. |  |  |
| 2.65%, 07/15/2031 | 2400000 | 2091489 |
| 6.50%, 05/06/2034 | 642000 | 673741 |
| Moody's Corp. |  |  |
| 3.25%, 05/20/2050 | 3320000 | 2203865 |
| Siemens Funding BV |  |  |
| 5.90%, 05/28/2065 <sup>(A)</sup> <br>| 2816000 | 2936059 |
| TR Finance LLC |  |  |
| 5.85%, 04/15/2040 | 1288000 | 1308740 |
| Waste Management, Inc. |  |  |
| 5.35%, 10/15/2054 | 3457000 | 3341736 |
|  |  | 18085510 |
| **Communications Equipment - 5.0%**  | **Communications Equipment - 5.0%**  | **Communications Equipment - 5.0%**  |
| AT&T, Inc. |  |  |
| 3.50%, 09/15/2053 | 6382000 | 4299506 |
| 3.55%, 09/15/2055 | 8254000 | 5534009 |
| Corning, Inc. |  |  |
| 4.38%, 11/15/2057 | 2188000 | 1747615 |
| Nokia OYJ |  |  |
| 6.63%, 05/15/2039 | 1380000 | 1401453 |
| PLDT, Inc. |  |  |
| 3.45%, 06/23/2050 <sup>(D)</sup> <br>| 412000 | 284617 |
| Telefonica Emisiones SA |  |  |
| 5.52%, 03/01/2049 | 1561000 | 1426838 |
| T-Mobile USA, Inc. |  |  |
| 3.30%, 02/15/2051 | 754000 | 500236 |
| 4.50%, 04/15/2050 | 2606000 | 2140366 |
| 5.65%, 01/15/2053 | 2801000 | 2697166 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** |
| **Communications Equipment (continued)** | **Communications Equipment (continued)** | **Communications Equipment (continued)** |
| Verizon Communications, Inc. |  |  |
| 2.99%, 10/30/2056 | $1453000 | $871358 |
| 3.70%, 03/22/2061 | 8730000 | 6000407 |
| Vodafone Group PLC |  |  |
| 5.75%, 06/28/2054 | 2216000 | 2116381 |
|  |  | 29019952 |
| **Consumer Staples Distribution & Retail - 2.6%**  | **Consumer Staples Distribution & Retail - 2.6%**  | **Consumer Staples Distribution & Retail - 2.6%**  |
| 7-Eleven, Inc. |  |  |
| 2.50%, 02/10/2041 <sup>(A)</sup> <br>| 3752000 | 2515510 |
| Alimentation Couche-Tard, Inc. |  |  |
| 5.62%, 02/12/2054 <sup>(A)</sup> <br>| 2296000 | 2184511 |
| Home Depot, Inc. |  |  |
| 4.25%, 04/01/2046 | 4823000 | 4030857 |
| Lowe's Cos., Inc. |  |  |
| 3.00%, 10/15/2050 | 2444000 | 1514945 |
| 4.25%, 04/01/2052 | 2327000 | 1805031 |
| McDonald's Corp. |  |  |
| 3.63%, 09/01/2049 | 2092000 | 1516807 |
| Starbucks Corp. |  |  |
| 4.50%, 11/15/2048 | 2182000 | 1805829 |
|  |  | 15373490 |
| **Containers & Packaging - 0.4%**  | **Containers & Packaging - 0.4%**  | **Containers & Packaging - 0.4%**  |
| Smurfit Kappa Treasury ULC |  |  |
| 5.78%, 04/03/2054 | 2387000 | 2372141 |
| **Diversified REITs - 0.4%**  | **Diversified REITs - 0.4%**  | **Diversified REITs - 0.4%**  |
| VICI Properties LP |  |  |
| 6.13%, 04/01/2054 | 2469000 | 2418969 |
| **Electric Utilities - 9.8%**  | **Electric Utilities - 9.8%**  | **Electric Utilities - 9.8%**  |
| Appalachian Power Co. |  |  |
| 4.45%, 06/01/2045 | 3258000 | 2650772 |
| Berkshire Hathaway Energy Co. |  |  |
| 4.50%, 02/01/2045 | 2330000 | 2011451 |
| Black Hills Corp. |  |  |
| 4.20%, 09/15/2046 | 4832000 | 3761850 |
| Comision Federal de Electricidad |  |  |
| 4.68%, 02/09/2051 <sup>(D)</sup> <br>| 295000 | 207094 |
| 6.26%, 02/15/2052 <sup>(B)</sup><sup>(D)</sup> <br>| 1100000 | 960221 |
| Consolidated Edison Co. of New York, Inc. |  |  |
| 4.00%, 11/15/2057 | 6514000 | 4810146 |
| DTE Electric Co. |  |  |
| 4.05%, 05/15/2048 | 2388000 | 1912891 |
| Duke Energy Progress LLC |  |  |
| 5.55%, 03/15/2055 | 4940000 | 4829059 |
| Electricite de France SA |  |  |
| 5.00%, 09/21/2048 <sup>(A)</sup> <br>| 1974000 | 1707624 |
| Entergy Arkansas LLC |  |  |
| 4.20%, 04/01/2049 | 3851000 | 3039682 |
| Evergy Metro, Inc. |  |  |
| 4.20%, 03/15/2048 | 3258000 | 2580215 |
| FirstEnergy Corp. |  |  |
| 4.85%, 07/15/2047 | 3411000 | 2897220 |
| Northern States Power Co. |  |  |
| 4.00%, 08/15/2045 | 2634000 | 2115118 |

---

**Transamerica Funds**

**Page 2**

------

**Transamerica Long Credit**

------

**SCHEDULE OF INVESTMENTS (continued)**

**At July 31, 2025**

**(unaudited)**

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** |
| **Electric Utilities (continued)** | **Electric Utilities (continued)** | **Electric Utilities (continued)** |
| Pacific Gas & Electric Co. |  |  |
| 3.50%, 08/01/2050 | $1955000 | $1282243 |
| PG&E Wildfire Recovery Funding LLC |  |  |
| 5.10%, 06/01/2054 | 57000 | 52678 |
| Potomac Electric Power Co. |  |  |
| 7.90%, 12/15/2038 | 3850000 | 4816013 |
| Public Service Electric & Gas Co. |  |  |
| 4.05%, 05/01/2048 | 3258000 | 2586840 |
| Southern California Edison Co. |  |  |
| 4.65%, 10/01/2043 | 2769000 | 2293766 |
| Southern Co. |  |  |
| 4.40%, 07/01/2046 | 2870000 | 2383596 |
| Texas Electric Market Stabilization Funding <br> N LLC |  |  |
| 5.17%, 02/01/2052 <sup>(A)</sup> <br>| 1357000 | 1259461 |
| Union Electric Co. |  |  |
| 3.90%, 09/15/2042 | 4379000 | 3541294 |
| Virginia Electric & Power Co. |  |  |
| 8.88%, 11/15/2038 | 4425000 | 5812185 |
|  |  | 57511419 |
| **Electrical Equipment - 0.2%**  | **Electrical Equipment - 0.2%**  | **Electrical Equipment - 0.2%**  |
| Emerson Electric Co. |  |  |
| 2.75%, 10/15/2050 | 2329000 | 1462152 |
| **Electronic Equipment, Instruments & Components - 0.1%**  | **Electronic Equipment, Instruments & Components - 0.1%**  | **Electronic Equipment, Instruments & Components - 0.1%**  |
| Amphenol Corp. |  |  |
| 5.38%, 11/15/2054 | 886000 | 860713 |
| **Energy Equipment & Services - 0.5%**  | **Energy Equipment & Services - 0.5%**  | **Energy Equipment & Services - 0.5%**  |
| Halliburton Co. |  |  |
| 5.00%, 11/15/2045 | 3161000 | 2772805 |
| **Financial Services - 0.6%**  | **Financial Services - 0.6%**  | **Financial Services - 0.6%**  |
| Capital One Financial Corp. |  |  |
| &nbsp;&nbsp;&nbsp; Fixed until 01/30/2035, <br>6.18% <sup>(C)</sup>, 01/30/2036<br>| 455000 | 467106 |
| Charles Schwab Corp. |  |  |
| &nbsp;&nbsp;&nbsp; Fixed until 05/19/2033, <br>5.85% <sup>(C)</sup>, 05/19/2034<br>| 1081000 | 1145791 |
| FMR LLC |  |  |
| 6.50%, 12/14/2040 <sup>(A)</sup> <br>| 1718000 | 1885098 |
|  |  | 3497995 |
| **Food Products - 4.6%**  | **Food Products - 4.6%**  | **Food Products - 4.6%**  |
| BAT Capital Corp. |  |  |
| 6.25%, 08/15/2055 | 2788000 | 2816633 |
| 7.08%, 08/02/2053 | 2435000 | 2714944 |
| Cargill, Inc. |  |  |
| 6.63%, 09/15/2037 <sup>(A)</sup> <br>| 2276000 | 2514281 |
| Imperial Brands Finance PLC |  |  |
| 6.38%, 07/01/2055 <sup>(A)</sup> <br>| 2893000 | 2918924 |
| J.M. Smucker Co. |  |  |
| 6.50%, 11/15/2043 | 596000 | 633869 |
| JBS USA Holding LUX SARL/JBS USA <br> Food Co./JBS LUX Co. SARL |  |  |
| 4.38%, 02/02/2052 | 3900000 | 2972897 |
| 6.50%, 12/01/2052 | 852000 | 870777 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** |
| **Food Products (continued)** | **Food Products (continued)** | **Food Products (continued)** |
| Kroger Co. |  |  |
| 5.50%, 09/15/2054 | $3599000 | $3396147 |
| Mars, Inc. |  |  |
| 5.70%, 05/01/2055 <sup>(A)</sup> <br>| 1629000 | 1607407 |
| Philip Morris International, Inc. |  |  |
| 4.25%, 11/10/2044 | 3366000 | 2827385 |
| Sysco Corp. |  |  |
| 3.30%, 02/15/2050 | 2188000 | 1462571 |
| Tyson Foods, Inc. |  |  |
| 5.10%, 09/28/2048 | 2520000 | 2253206 |
|  |  | 26989041 |
| **Gas Utilities - 0.4%**  | **Gas Utilities - 0.4%**  | **Gas Utilities - 0.4%**  |
| NiSource, Inc. |  |  |
| 5.85%, 04/01/2055 | 2330000 | 2298455 |
| **Health Care Equipment & Supplies - 1.4%**  | **Health Care Equipment & Supplies - 1.4%**  | **Health Care Equipment & Supplies - 1.4%**  |
| Alcon Finance Corp. |  |  |
| 3.80%, 09/23/2049 <sup>(A)</sup> <br>| 2856000 | 2117064 |
| 5.75%, 12/06/2052 <sup>(A)</sup> <br>| 1540000 | 1537182 |
| Danaher Corp. |  |  |
| 2.60%, 10/01/2050 | 1164000 | 700095 |
| Stryker Corp. |  |  |
| 4.63%, 03/15/2046 | 2617000 | 2306063 |
| Zimmer Biomet Holdings, Inc. |  |  |
| 4.45%, 08/15/2045 | 1704000 | 1444139 |
|  |  | 8104543 |
| **Health Care Providers & Services - 3.7%**  | **Health Care Providers & Services - 3.7%**  | **Health Care Providers & Services - 3.7%**  |
| Cigna Group |  |  |
| 3.40%, 03/15/2051 | 3021000 | 2011967 |
| 3.88%, 10/15/2047 | 3793000 | 2818704 |
| Elevance Health, Inc. |  |  |
| 5.13%, 02/15/2053 | 2931000 | 2585228 |
| HCA, Inc. |  |  |
| 4.63%, 03/15/2052 | 3275000 | 2617521 |
| 6.10%, 04/01/2064 | 2461000 | 2384656 |
| Health Care Service Corp. A Mutual Legal <br> Reserve Co. |  |  |
| 5.88%, 06/15/2054 <sup>(A)</sup> <br>| 1086000 | 1044507 |
| Humana, Inc. |  |  |
| 6.00%, 05/01/2055 | 1173000 | 1127149 |
| UnitedHealth Group, Inc. |  |  |
| 5.20%, 04/15/2063 | 4954000 | 4318461 |
| 5.38%, 04/15/2054 | 3064000 | 2815763 |
|  |  | 21723956 |
| **Health Care REITs - 0.3%**  | **Health Care REITs - 0.3%**  | **Health Care REITs - 0.3%**  |
| Alexandria Real Estate Equities, Inc. |  |  |
| 5.63%, 05/15/2054 | 1969000 | 1848187 |
| **Insurance - 5.2%**  | **Insurance - 5.2%**  | **Insurance - 5.2%**  |
| 200 Park Funding Trust |  |  |
| 5.74%, 02/15/2055 <sup>(A)</sup> <br>| 2303000 | 2264885 |
| Alleghany Corp. |  |  |
| 3.25%, 08/15/2051 | 1691000 | 1135745 |
| 4.90%, 09/15/2044 | 1748000 | 1580346 |

---

**Transamerica Funds**

**Page 3**

------

**Transamerica Long Credit**

------

**SCHEDULE OF INVESTMENTS (continued)**

**At July 31, 2025**

**(unaudited)**

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** |
| **Insurance (continued)** | **Insurance (continued)** | **Insurance (continued)** |
| Allstate Corp. |  |  |
| 3.85%, 08/10/2049 | $2233000 | $1682670 |
| American International Group, Inc. |  |  |
| 5.45%, 05/07/2035 | 430000 | 439325 |
| Aon North America, Inc. |  |  |
| 5.75%, 03/01/2054 | 3032000 | 2953487 |
| Belrose Funding Trust II |  |  |
| 6.79%, 05/15/2055 <sup>(A)</sup> <br>| 1517000 | 1552098 |
| Brown & Brown, Inc. |  |  |
| 6.25%, 06/23/2055 | 2962000 | 3034920 |
| Corebridge Financial, Inc. |  |  |
| 4.40%, 04/05/2052 | 1708000 | 1367088 |
| Equitable Holdings, Inc. |  |  |
| 5.00%, 04/20/2048 | 1424000 | 1250852 |
| High Street Funding Trust II |  |  |
| 4.68%, 02/15/2048 <sup>(A)</sup> <br>| 2107000 | 1793695 |
| Markel Group, Inc. |  |  |
| 5.00%, 05/20/2049 | 273000 | 236954 |
| 6.00%, 05/16/2054 | 1049000 | 1044509 |
| Omnis Funding Trust |  |  |
| 6.72%, 05/15/2055 <sup>(A)</sup> <br>| 1734000 | 1793440 |
| RenaissanceRe Holdings Ltd. |  |  |
| 5.80%, 04/01/2035 | 421000 | 432686 |
| Swiss RE Subordinated Finance PLC |  |  |
| &nbsp;&nbsp;&nbsp; Fixed until 01/01/2045, <br>6.19% <sup>(C)</sup>, 04/01/2046 <sup>(A)</sup> <br>| 3000000 | 2983217 |
| Travelers Cos., Inc. |  |  |
| 5.70%, 07/24/2055 | 2220000 | 2235142 |
| Willis North America, Inc. |  |  |
| 5.90%, 03/05/2054 | 2820000 | 2778632 |
|  |  | 30559691 |
| **Internet & Catalog Retail - 1.9%**  | **Internet & Catalog Retail - 1.9%**  | **Internet & Catalog Retail - 1.9%**  |
| Alibaba Group Holding Ltd. |  |  |
| 2.70%, 02/09/2041 <sup>(B)</sup> <br>| 200000 | 142353 |
| 4.20%, 12/06/2047 | 1221000 | 998675 |
| Alphabet, Inc. |  |  |
| 5.30%, 05/15/2065 | 1555000 | 1509926 |
| Amazon.com, Inc. |  |  |
| 4.05%, 08/22/2047 | 1377000 | 1133534 |
| JD.com, Inc. |  |  |
| 4.13%, 01/14/2050 <sup>(B)</sup> <br>| 935000 | 745775 |
| Meta Platforms, Inc. |  |  |
| 4.45%, 08/15/2052 | 2182000 | 1834709 |
| 5.75%, 05/15/2063 | 1085000 | 1090132 |
| Prosus NV |  |  |
| 4.03%, 08/03/2050 <sup>(D)</sup> <br>| 1177000 | 791201 |
| Uber Technologies, Inc. |  |  |
| 5.35%, 09/15/2054 | 3083000 | 2880028 |
|  |  | 11126333 |
| **IT Services - 0.4%**  | **IT Services - 0.4%**  | **IT Services - 0.4%**  |
| Apple, Inc. |  |  |
| 3.45%, 02/09/2045 | 1106000 | 848429 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** |
| **IT Services (continued)** | **IT Services (continued)** | **IT Services (continued)** |
| Hewlett Packard Enterprise Co. |  |  |
| 5.60%, 10/15/2054 | $1425000 | $1309633 |
|  |  | 2158062 |
| **Machinery - 0.3%**  | **Machinery - 0.3%**  | **Machinery - 0.3%**  |
| Ingersoll Rand, Inc. |  |  |
| 5.70%, 06/15/2054 | 1533000 | 1516505 |
| **Media - 2.5%**  | **Media - 2.5%**  | **Media - 2.5%**  |
| &nbsp;&nbsp; Charter Communications <br> Operating LLC/Charter Communications <br>Operating Capital |  |  |
| 6.48%, 10/23/2045 | 7651000 | 7444186 |
| Comcast Corp. |  |  |
| 2.89%, 11/01/2051 | 1827000 | 1097651 |
| 2.94%, 11/01/2056 | 1216000 | 702503 |
| 4.00%, 11/01/2049 | 3572000 | 2695616 |
| Fox Corp. |  |  |
| 5.58%, 01/25/2049 | 2920000 | 2732791 |
|  |  | 14672747 |
| **Metals & Mining - 1.9%**  | **Metals & Mining - 1.9%**  | **Metals & Mining - 1.9%**  |
| Freeport-McMoRan, Inc. |  |  |
| 5.45%, 03/15/2043 | 1717000 | 1617802 |
| Glencore Finance Canada Ltd. |  |  |
| 6.90%, 11/15/2037 <sup>(A)</sup> <br>| 1240000 | 1366829 |
| Newmont Corp. |  |  |
| 6.25%, 10/01/2039 | 2010000 | 2200477 |
| Nucor Corp. |  |  |
| 2.98%, 12/15/2055 | 1743000 | 1059058 |
| Rio Tinto Finance USA PLC |  |  |
| 5.88%, 03/14/2065 | 2465000 | 2478683 |
| Steel Dynamics, Inc. |  |  |
| 5.75%, 05/15/2055 | 2734000 | 2660897 |
|  |  | 11383746 |
| **Oil, Gas & Consumable Fuels - 9.3%**  | **Oil, Gas & Consumable Fuels - 9.3%**  | **Oil, Gas & Consumable Fuels - 9.3%**  |
| Abu Dhabi Crude Oil Pipeline LLC |  |  |
| 4.60%, 11/02/2047 <sup>(D)</sup> <br>| 1297000 | 1174259 |
| BP Capital Markets America, Inc. |  |  |
| 2.94%, 06/04/2051 | 4071000 | 2525840 |
| Cameron LNG LLC |  |  |
| 3.70%, 01/15/2039 <sup>(A)</sup> <br>| 1681000 | 1409720 |
| Devon Energy Corp. |  |  |
| 5.00%, 06/15/2045 | 1747000 | 1458420 |
| Diamondback Energy, Inc. |  |  |
| 4.40%, 03/24/2051 | 1565000 | 1211171 |
| 5.75%, 04/18/2054 | 1675000 | 1555724 |
| Energy Transfer LP |  |  |
| 5.00%, 05/15/2050 | 1630000 | 1362299 |
| 7.50%, 07/01/2038 | 4309000 | 4925078 |
| Enterprise Products Operating LLC |  |  |
| 4.90%, 05/15/2046 | 3488000 | 3113594 |
| Greensaif Pipelines Bidco SARL |  |  |
| 6.10%, 08/23/2042 <sup>(A)</sup> <br>| 1542000 | 1567762 |
| Hess Corp. |  |  |
| 5.60%, 02/15/2041 | 1767000 | 1788438 |

---

**Transamerica Funds**

**Page 4**

------

**Transamerica Long Credit**

------

**SCHEDULE OF INVESTMENTS (continued)**

**At July 31, 2025**

**(unaudited)**

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** |
| **Oil, Gas & Consumable Fuels (continued)** | **Oil, Gas & Consumable Fuels (continued)** | **Oil, Gas & Consumable Fuels (continued)** |
| KazMunayGas National Co. JSC |  |  |
| 6.38%, 10/24/2048 <sup>(D)</sup> <br>| $1750000 | $1638605 |
| Kinder Morgan Energy Partners LP |  |  |
| 6.55%, 09/15/2040 | 4309000 | 4558767 |
| MPLX LP |  |  |
| 5.50%, 02/15/2049 | 1397000 | 1262907 |
| Occidental Petroleum Corp. |  |  |
| 6.60%, 03/15/2046 | 2492000 | 2462139 |
| ONEOK Partners LP |  |  |
| 6.20%, 09/15/2043 | 2079000 | 2069790 |
| ONEOK, Inc. |  |  |
| 4.25%, 09/15/2046 | 1983000 | 1499935 |
| 5.20%, 07/15/2048 | 1747000 | 1510377 |
| Pertamina Persero PT |  |  |
| 6.45%, 05/30/2044 <sup>(A)</sup> <br>| 1429000 | 1487012 |
| Petroleos del Peru SA |  |  |
| 5.63%, 06/19/2047 <sup>(D)</sup> <br>| 1968000 | 1320004 |
| Petroleos Mexicanos |  |  |
| 6.95%, 01/28/2060 | 1459000 | 1126187 |
| 7.69%, 01/23/2050 | 2185000 | 1852364 |
| Petronas Capital Ltd. |  |  |
| 4.55%, 04/21/2050 <sup>(A)</sup> <br>| 917000 | 780090 |
| Shell Finance U.S., Inc. |  |  |
| 3.75%, 09/12/2046 | 4450000 | 3396999 |
| Spectra Energy Partners LP |  |  |
| 4.50%, 03/15/2045 | 3258000 | 2697358 |
| Western Midstream Operating LP |  |  |
| 5.30%, 03/01/2048 | 2327000 | 1956038 |
| Williams Cos., Inc. |  |  |
| 5.40%, 03/04/2044 | 2870000 | 2689322 |
|  |  | 54400199 |
| **Personal Care Products - 0.2%**  | **Personal Care Products - 0.2%**  | **Personal Care Products - 0.2%**  |
| Kenvue, Inc. |  |  |
| 5.10%, 03/22/2043 | 1190000 | 1136743 |
| **Pharmaceuticals - 5.7%**  | **Pharmaceuticals - 5.7%**  | **Pharmaceuticals - 5.7%**  |
| AbbVie, Inc. |  |  |
| 4.70%, 05/14/2045 | 2768000 | 2471737 |
| 5.40%, 03/15/2054 | 2938000 | 2831100 |
| Bayer U.S. Finance II LLC |  |  |
| 4.70%, 07/15/2064 <sup>(A)</sup> <br>| 2517000 | 1887433 |
| Bristol-Myers Squibb Co. |  |  |
| 5.65%, 02/22/2064 | 1729000 | 1670087 |
| Cardinal Health, Inc. |  |  |
| 5.75%, 11/15/2054 | 2903000 | 2840043 |
| CVS Health Corp. |  |  |
| 5.30%, 12/05/2043 | 3967000 | 3593009 |
| 5.88%, 06/01/2053 | 2702000 | 2561886 |
| 6.05%, 06/01/2054 | 1167000 | 1140627 |
| &nbsp;&nbsp;&nbsp; Fixed until 09/10/2034, <br>6.75% <sup>(C)</sup>, 12/10/2054<br>| 712000 | 712589 |
| Eli Lilly & Co. |  |  |
| 5.10%, 02/09/2064 | 1822000 | 1672958 |
| Johnson & Johnson |  |  |
| 3.75%, 03/03/2047 | 1555000 | 1236791 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** |
| **Pharmaceuticals (continued)** | **Pharmaceuticals (continued)** | **Pharmaceuticals (continued)** |
| Merck & Co., Inc. |  |  |
| 5.00%, 05/17/2053 | $1230000 | $1118650 |
| Pfizer Investment Enterprises Pte. Ltd. |  |  |
| 5.34%, 05/19/2063 | 2057000 | 1883017 |
| Pfizer, Inc. |  |  |
| 4.20%, 09/15/2048 | 4347000 | 3534642 |
| Takeda Pharmaceutical Co. Ltd. |  |  |
| 3.18%, 07/09/2050 | 2080000 | 1356564 |
| Takeda U.S. Financing, Inc. |  |  |
| 5.90%, 07/07/2055 | 1850000 | 1847728 |
| Viatris, Inc. |  |  |
| 4.00%, 06/22/2050 | 1671000 | 1098014 |
|  |  | 33456875 |
| **Residential REITs - 0.4%**  | **Residential REITs - 0.4%**  | **Residential REITs - 0.4%**  |
| American Homes 4 Rent LP |  |  |
| 4.30%, 04/15/2052 | 2886000 | 2239731 |
| **Retail REITs - 0.3%**  | **Retail REITs - 0.3%**  | **Retail REITs - 0.3%**  |
| Kimco Realty OP LLC |  |  |
| 3.70%, 10/01/2049 | 1139000 | 824463 |
| Simon Property Group LP |  |  |
| 5.85%, 03/08/2053 | 664000 | 665246 |
|  |  | 1489709 |
| **Semiconductors & Semiconductor Equipment - 3.4%**  | **Semiconductors & Semiconductor Equipment - 3.4%**  | **Semiconductors & Semiconductor Equipment - 3.4%**  |
| Advanced Micro Devices, Inc. |  |  |
| 4.39%, 06/01/2052 <sup>(B)</sup> <br>| 1382000 | 1159049 |
| Broadcom, Inc. |  |  |
| 3.50%, 02/15/2041 <sup>(A)</sup> <br>| 1946000 | 1539950 |
| 3.75%, 02/15/2051 <sup>(A)</sup> <br>| 2268000 | 1696513 |
| Foundry JV Holdco LLC |  |  |
| 6.30%, 01/25/2039 <sup>(A)</sup> <br>| 2797000 | 2878842 |
| Intel Corp. |  |  |
| 5.60%, 02/21/2054 | 1969000 | 1739869 |
| 5.90%, 02/10/2063 | 1747000 | 1583916 |
| KLA Corp. |  |  |
| 5.00%, 03/15/2049 | 1465000 | 1353047 |
| Micron Technology, Inc. |  |  |
| 6.05%, 11/01/2035 | 1555000 | 1618401 |
| NXP BV/NXP Funding LLC/NXP USA, Inc. |  |  |
| 3.25%, 05/11/2041 - 11/30/2051 | 3135000 | 2070728 |
| QUALCOMM, Inc. |  |  |
| 4.30%, 05/20/2047 | 1722000 | 1431032 |
| Texas Instruments, Inc. |  |  |
| 4.15%, 05/15/2048 | 1478000 | 1206146 |
| 5.05%, 05/18/2063 | 1805000 | 1634434 |
|  |  | 19911927 |
| **Software - 2.5%**  | **Software - 2.5%**  | **Software - 2.5%**  |
| AppLovin Corp. |  |  |
| 5.95%, 12/01/2054 | 1546000 | 1506366 |
| Fiserv, Inc. |  |  |
| 4.40%, 07/01/2049 | 1792000 | 1431312 |
| Intuit, Inc. |  |  |
| 5.50%, 09/15/2053 | 1653000 | 1636687 |

---

**Transamerica Funds**

**Page 5**

------

**Transamerica Long Credit**

------

**SCHEDULE OF INVESTMENTS (continued)**

**At July 31, 2025**

**(unaudited)**

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** |
| **Software (continued)** | **Software (continued)** | **Software (continued)** |
| Microsoft Corp. |  |  |
| 2.92%, 03/17/2052 | $568000 | $374742 |
| Oracle Corp. |  |  |
| 5.50%, 09/27/2064 | 1480000 | 1322334 |
| 6.90%, 11/09/2052 | 6132000 | 6726422 |
| Synopsys, Inc. |  |  |
| 5.70%, 04/01/2055 | 1787000 | 1762132 |
|  |  | 14759995 |
| **Transportation Infrastructure - 1.6%**  | **Transportation Infrastructure - 1.6%**  | **Transportation Infrastructure - 1.6%**  |
| Burlington Northern Santa Fe LLC |  |  |
| 2.88%, 06/15/2052 | 557000 | 345473 |
| 4.70%, 09/01/2045 | 4309000 | 3848280 |
| 5.20%, 04/15/2054 | 590000 | 550786 |
| Norfolk Southern Corp. |  |  |
| 4.65%, 01/15/2046 | 2272000 | 1992579 |
| Union Pacific Corp. |  |  |
| 5.60%, 12/01/2054 | 864000 | 854781 |
| United Parcel Service, Inc. |  |  |
| 5.95%, 05/14/2055 | 1626000 | 1653788 |
|  |  | 9245687 |
| &nbsp;&nbsp; **Total Corporate Debt Securities** <br>**(Cost $520,990,265)**<br>|  | 518064729 |
| **U.S. GOVERNMENT OBLIGATIONS - 4.8%**  | **U.S. GOVERNMENT OBLIGATIONS - 4.8%**  | **U.S. GOVERNMENT OBLIGATIONS - 4.8%**  |
| **U.S. Treasury - 4.8%**  | **U.S. Treasury - 4.8%**  | **U.S. Treasury - 4.8%**  |
| U.S. Treasury Bonds |  |  |
| 1.13%, 05/15/2040 | 9835000 | 6071960 |
| 1.25%, 05/15/2050 | 5191000 | 2460656 |
| 1.88%, 11/15/2051 | 2067000 | 1132329 |
| 4.13%, 08/15/2053 | 448000 | 394328 |
| 4.50%, 02/15/2044 - 11/15/2054 | 4801000 | 4583308 |
| 4.63%, 11/15/2044 | 609000 | 589112 |
| 4.75%, 02/15/2045 - 05/15/2055 | 2143000 | 2102622 |
| U.S. Treasury Notes |  |  |
| 4.25%, 11/15/2034 | 773000 | 768169 |
| 4.63%, 02/15/2035 | 9563000 | 9770696 |
| &nbsp;&nbsp; **Total U.S. Government Obligations** <br>**(Cost $28,088,954)**<br>|  | 27873180 |
| **FOREIGN GOVERNMENT OBLIGATIONS - 2.7%**  | **FOREIGN GOVERNMENT OBLIGATIONS - 2.7%**  | **FOREIGN GOVERNMENT OBLIGATIONS - 2.7%**  |
| **Chile - 0.3%**  | **Chile - 0.3%**  | **Chile - 0.3%**  |
| Chile Government International Bonds |  |  |
| 4.00%, 01/31/2052 | 2609000 | 1983492 |
| **Colombia - 0.2%**  | **Colombia - 0.2%**  | **Colombia - 0.2%**  |
| Colombia Government International Bonds |  |  |
| 5.00%, 06/15/2045 | 1602000 | 1117395 |
| **Cote d'Ivoire - 0.2%**  | **Cote d'Ivoire - 0.2%**  | **Cote d'Ivoire - 0.2%**  |
| Ivory Coast Government International Bonds |  |  |
| 8.25%, 01/30/2037 <sup>(A)</sup> <br>| 1041000 | 1028840 |
| **Guatemala - 0.2%**  | **Guatemala - 0.2%**  | **Guatemala - 0.2%**  |
| Guatemala Government Bonds |  |  |
| 6.13%, 06/01/2050 <sup>(D)</sup> <br>| 1457000 | 1330401 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **FOREIGN GOVERNMENT OBLIGATIONS (continued)** | **FOREIGN GOVERNMENT OBLIGATIONS (continued)** | **FOREIGN GOVERNMENT OBLIGATIONS (continued)** |
| **Indonesia - 0.1%**  | **Indonesia - 0.1%**  | **Indonesia - 0.1%**  |
| Indonesia Government International Bonds |  |  |
| 5.13%, 01/15/2045 <sup>(A)</sup> <br>| $825000 | $795264 |
| **Ireland - 0.2%**  | **Ireland - 0.2%**  | **Ireland - 0.2%**  |
| Amazon Conservation DAC |  |  |
| 6.03%, 01/16/2042 <sup>(A)</sup> <br>| 1314000 | 1320373 |
| **Israel - 0.2%**  | **Israel - 0.2%**  | **Israel - 0.2%**  |
| Israel Government International Bonds |  |  |
| 5.75%, 03/12/2054 | 1510000 | 1405331 |
| **Mexico - 0.2%**  | **Mexico - 0.2%**  | **Mexico - 0.2%**  |
| Mexico Government International Bonds |  |  |
| 4.60%, 02/10/2048 | 1483000 | 1101128 |
| **Panama - 0.3%**  | **Panama - 0.3%**  | **Panama - 0.3%**  |
| Panama Government International Bonds |  |  |
| 4.50%, 04/01/2056 | 2409000 | 1594903 |
| **Peru - 0.1%**  | **Peru - 0.1%**  | **Peru - 0.1%**  |
| Peru Government International Bonds |  |  |
| 5.63%, 11/18/2050 | 612000 | 578364 |
| **Qatar - 0.2%**  | **Qatar - 0.2%**  | **Qatar - 0.2%**  |
| Qatar Government International Bonds |  |  |
| 5.10%, 04/23/2048 <sup>(A)</sup> <br>| 1012000 | 963071 |
| **Republic of South Africa - 0.1%**  | **Republic of South Africa - 0.1%**  | **Republic of South Africa - 0.1%**  |
| &nbsp;&nbsp; Republic of South Africa Government <br> International Bonds<br>|  |  |
| 7.95%, 11/19/2054 <sup>(A)</sup> <br>| 624000 | 593015 |
| **Romania - 0.2%**  | **Romania - 0.2%**  | **Romania - 0.2%**  |
| Romania Government International Bonds |  |  |
| 4.00%, 02/14/2051 <sup>(A)</sup> <br>| 1272000 | 825820 |
| **Saudi Arabia - 0.2%**  | **Saudi Arabia - 0.2%**  | **Saudi Arabia - 0.2%**  |
| Saudi Government International Bonds |  |  |
| 5.25%, 01/16/2050 <sup>(A)</sup> <br>| 1128000 | 1028382 |
| &nbsp;&nbsp; **Total Foreign Government Obligations** <br>**(Cost $15,642,136)**<br>|  | 15665779 |
| **ASSET-BACKED SECURITIES - 1.3%**  | **ASSET-BACKED SECURITIES - 1.3%**  | **ASSET-BACKED SECURITIES - 1.3%**  |
| JG Wentworth XLIII LLC |  |  |
| &nbsp;&nbsp;&nbsp; Series 2019-1A, Class A, <br>3.82%, 08/17/2071 <sup>(A)</sup> <br>| 3215568 | 2840720 |
| JG Wentworth XXXVIII LLC |  |  |
| &nbsp;&nbsp;&nbsp; Series 2017-1A, Class A, <br>3.99%, 08/16/2060 <sup>(A)</sup> <br>| 5192462 | 4692831 |
| &nbsp;&nbsp; **Total Asset-Backed Securities** <br>**(Cost $7,630,383)** | &nbsp;&nbsp; **Total Asset-Backed Securities** <br>**(Cost $7,630,383)** | 7533551 |
| **U.S. GOVERNMENT AGENCY OBLIGATION - 0.5%**  | **U.S. GOVERNMENT AGENCY OBLIGATION - 0.5%**  | **U.S. GOVERNMENT AGENCY OBLIGATION - 0.5%**  |
| Tennessee Valley Authority |  |  |
| 4.25%, 09/15/2065 | 3700000 | 2949719 |
| &nbsp;&nbsp; **Total U.S. Government Agency Obligation** <br>**(Cost $2,989,427)** | &nbsp;&nbsp; **Total U.S. Government Agency Obligation** <br>**(Cost $2,989,427)** | 2949719 |

---

**Transamerica Funds**

**Page 6**

------

**Transamerica Long Credit**

------

**SCHEDULE OF INVESTMENTS (continued)**

**At July 31, 2025**

**(unaudited)**

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **MUNICIPAL GOVERNMENT OBLIGATION - 0.1%**  | **MUNICIPAL GOVERNMENT OBLIGATION - 0.1%**  | **MUNICIPAL GOVERNMENT OBLIGATION - 0.1%**  |
| **New York - 0.1%**  | **New York - 0.1%**  | **New York - 0.1%**  |
| Metropolitan Transportation Authority, <br> Revenue Bonds, |  |  |
| Series E, |  |  |
| 6.81%, 11/15/2040 | $560000 | $602918 |
| &nbsp;&nbsp; **Total Municipal Government Obligation** <br>**(Cost $622,229)**<br>|  | 602918 |

---

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

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **OTHER INVESTMENT COMPANY - 0.6%**  | **OTHER INVESTMENT COMPANY - 0.6%**  | **OTHER INVESTMENT COMPANY - 0.6%**  |
| **Securities Lending Collateral - 0.6%**  | **Securities Lending Collateral - 0.6%**  | **Securities Lending Collateral - 0.6%**  |
| &nbsp;&nbsp; State Street Navigator Securities Lending <br> Trust - Government Money Market Portfolio, <br> 4.27% <sup>(E)</sup> <br>| 3659763 | 3659763 |
| &nbsp;&nbsp; **Total Other Investment Company** <br>**(Cost $3,659,763)** | &nbsp;&nbsp; **Total Other Investment Company** <br>**(Cost $3,659,763)** | 3659763 |

---

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

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **REPURCHASE AGREEMENT - 0.8%**  | **REPURCHASE AGREEMENT - 0.8%**  | **REPURCHASE AGREEMENT - 0.8%**  |
| &nbsp;&nbsp; Fixed Income Clearing Corp., <br>1.80% <sup>(E)</sup>, dated 07/31/2025, to be <br> repurchased at $4,808,117 on 08/01/2025. <br> Collateralized by a U.S. Government <br> Obligation, 3.75% due 04/30/2027, and with <br> a value of $4,904,071.<br>| $4807876 | $4807876 |
| &nbsp;&nbsp; **Total Repurchase Agreement** <br>**(Cost $4,807,876)** | &nbsp;&nbsp; **Total Repurchase Agreement** <br>**(Cost $4,807,876)** | 4807876 |
| &nbsp;&nbsp; **Total Investments** <br>**(Cost $584,431,033)** | &nbsp;&nbsp; **Total Investments** <br>**(Cost $584,431,033)** | 581157515 |
| **Net Other Assets (Liabilities) - 0.8%** | **Net Other Assets (Liabilities) - 0.8%** | 4677237 |
| **Net Assets - 100.0%** | **Net Assets - 100.0%** | **$585834752** |

---

**INVESTMENT VALUATION:**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Valuation Inputs** <sup>(F)</sup> <br>|  |  |  |  |
|  | **Level 1 -** <br>**Unadjusted** <br>**Quoted Prices**<br>| **Level 2 -** <br>**Other Significant** <br>**Observable Inputs**<br>| **Level 3 -** <br>**Significant** <br>**Unobservable Inputs**<br>| **Value** |
| **ASSETS** |  |  |  |  |
| **Investments** |  |  |  |  |
| Corporate Debt Securities | $— | &nbsp;&nbsp; $518064729 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $518064729 |
| U.S. Government Obligations |  | &nbsp;&nbsp; 27873180 | &nbsp;&nbsp; — | &nbsp;&nbsp; 27873180 |
| Foreign Government Obligations |  | &nbsp;&nbsp; 15665779 | &nbsp;&nbsp; — | &nbsp;&nbsp; 15665779 |
| Asset-Backed Securities |  | &nbsp;&nbsp; 7533551 | &nbsp;&nbsp; — | &nbsp;&nbsp; 7533551 |
| U.S. Government Agency Obligation |  | &nbsp;&nbsp; 2949719 | &nbsp;&nbsp; — | &nbsp;&nbsp; 2949719 |
| Municipal Government Obligation |  | &nbsp;&nbsp; 602918 | &nbsp;&nbsp; — | &nbsp;&nbsp; 602918 |
| Other Investment Company | 3659763 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 3659763 |
| Repurchase Agreement |  | &nbsp;&nbsp; 4807876 | &nbsp;&nbsp; — | &nbsp;&nbsp; 4807876 |
| **Total Investments** | **$3659763** | &nbsp;&nbsp; **$577497752** | &nbsp;&nbsp; **$—** | &nbsp;&nbsp; **$581157515** |

---

**FOOTNOTES TO SCHEDULE OF INVESTMENTS:** 

<sup>(A)</sup> *Security is exempt from registration pursuant to Rule 144A of the Securities Act of 1933. Security may be resold as transactions exempt from* *registration, normally to qualified institutional buyers. At July 31, 2025, the total value of 144A securities is $80,634,347, representing 13.8% of the* *Fund's net assets.* 

<sup>(B)</sup> *All or a portion of the security is on loan. The total value of the securities on loan is $3,584,899, collateralized by cash collateral of $3,659,763. The* *amount on loan indicated may not correspond with the securities on loan identified because a security with pending sales are in the process of recall* *from the brokers.* 

<sup>(C)</sup> *Floating or variable rate security. The rate disclosed is as of July 31, 2025. For securities based on a published reference rate and spread, the reference* *rate and spread are indicated within the description. Variable rate securities with a floor or ceiling feature are disclosed at the inherent rate, where* *applicable. Certain variable rate securities are not based on a published reference rate and spread, but are determined by the issuer or agent and are* *based on current market conditions; these securities do not indicate a reference rate and spread in the description.* 

<sup>(D)</sup> *Security exempt from registration under Regulation S of the Securities Act of 1933, which exempts from registration securities offered and sold outside* *the United States. Security may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the* *registration requirements of the Securities Act of 1933. At July 31, 2025, the total value of the Regulation S securities is $11,144,547, representing 1.9%* *of the Fund's net assets.* 

<sup>(E)</sup> *Rate disclosed reflects the yield at July 31, 2025.*

<sup>(F)</sup> *There were no transfers in or out of Level 3 during the period ended July 31, 2025. Please reference the Investment Valuation section of the Notes to* *Schedule of Investments for more information regarding investment valuation and pricing inputs.* 

**Transamerica Funds**

**Page 7**

------

**Transamerica Long Credit**

------

**SCHEDULE OF INVESTMENTS (continued)**

**At July 31, 2025**

**(unaudited)**

**PORTFOLIO ABBREVIATION(S):** 

*REIT* *Real Estate Investment Trust*

**Transamerica Funds**

**Page 8**

------

**Transamerica Long Credit**

------

**NOTES TO SCHEDULE OF INVESTMENTS**

**At July 31, 2025**

**(unaudited)**

**INVESTMENT VALUATION**

Transamerica Long Credit (the "Fund") is a series of the Transamerica Funds.

Transamerica Asset Management, Inc. ("TAM") has been designated as the Fund's valuation designee pursuant to Rule 2a-5 under the Investment Company Act of 1940, as amended, with responsibility for fair valuation subject to oversight by the Fund's Board of Trustees. The net asset value of the Fund is computed as of the official close of the New York Stock Exchange ("NYSE") each day the NYSE is open for business.

TAM utilizes various methods to measure the fair value of its investments on a recurring basis. Generally Accepted Accounting Principles in the United States of America establishes a hierarchy that prioritizes inputs to valuation methods. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. The three levels ("Levels") of inputs of the fair value hierarchy are defined as follows:

Level 1—Unadjusted quoted prices in active markets for identical securities.

Level 2—Inputs, other than quoted prices included in Level 1, which are observable, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates, and similar data.

Level 3—Unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available, which may include TAM's own assumptions used in determining the fair value of the Fund's investments.

The inputs used to measure fair value may fall into different Levels of the fair value hierarchy. In such cases, for disclosure purposes, the Level in the fair value hierarchy that is assigned to the fair value measurement of a security is determined based on the lowest Level input that is significant to the fair value measurement in its entirety. Certain investments that are measured at fair value using Net Asset Value ("NAV") per share, or its equivalent, using the "practical expedient" have not been classified in the fair value Levels. The hierarchy classification of inputs used to value the Fund's investments at July 31, 2025, is disclosed within the Investment Valuation section of the Schedule of Investments.

The availability of observable inputs can vary from security to security and is affected by a wide variety of factors, including, but not limited to, the type of security, whether the security is new and not yet established in the marketplace, the liquidity of markets, and other characteristics particular to the security. To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. Accordingly, the degree of judgment exercised in determining fair value is generally greatest for instruments categorized in Level 3. Due to the inherent uncertainty of valuation, the determination of values may differ significantly from values that would have been realized had a ready market for investments existed, and the differences could be material.

**Fair value measurements:** Descriptions of the valuation techniques applied to the Fund's significant categories of assets and liabilities measured at fair value on a recurring basis are as follows:

*Asset-backed securities:* The fair value of asset-backed securities is estimated based on models that consider the estimated cash flows of each tranche of the entity, establish a benchmark yield, and develop an estimated tranche specific spread to the benchmark yield based on the unique attributes of the tranche. To the extent the inputs are observable and timely, the values would generally be categorized in Level 2 of the fair value hierarchy; otherwise they would be categorized in Level 3.

*Corporate debt securities:* The fair value of corporate debt securities is estimated using various techniques, which consider recently executed transactions in securities of the issuer or comparable issuers, market price quotations (where observable), bond spreads, fundamental data relating to the issuer, and credit default swap spreads adjusted for any basis difference between cash and derivative instruments. While most corporate debt securities are categorized in Level 2 of the fair value hierarchy, in instances where lower relative weight is placed on transaction prices, quotations, or similar observable inputs, they are categorized in Level 3.

*Foreign government obligations:* Foreign government obligations are normally valued using a model that incorporates market observable data such as reported sales of similar securities, broker quotes, yields, bids, offers, and reference data. Certain securities are valued by principally using dealer quotations. Foreign government obligations generally are categorized in Level 2 of the fair value hierarchy, or Level 3 if inputs are unobservable.

**Transamerica Funds**

**Page 9**

------

**Transamerica Long Credit**

------

**NOTES TO SCHEDULE OF INVESTMENTS (continued)**

**At July 31, 2025**

**(unaudited)**

*Municipal government obligations:* The fair value of municipal government obligations and variable rate notes is estimated based on models that consider, among other factors, information received from market makers and broker-dealers, current trades, bid-want lists, offerings, market movements, the liquidity of the bond, state of issuance, benchmark yield curves, and bond or note insurance. To the extent the inputs are observable and timely, the values would generally be categorized in Level 2 of the fair value hierarchy; otherwise they are categorized in Level 3.

*U.S. government agency obligations:* U.S. government agency obligations are comprised of two main categories consisting of agency issued debt and mortgage pass-throughs. Generally, agency issued debt securities are valued in a manner similar to U.S. government obligations. Mortgage pass-throughs include to be announced ("TBA") securities and mortgage pass-through certificates. Generally, TBA securities and mortgage pass-throughs are valued using dealer quotations. Depending on market activity levels and whether quotations or other observable data are used, these securities are typically categorized in Level 2 of the fair value hierarchy; otherwise they would be categorized in Level 3.

*U.S. government obligations:* U.S. government obligations are normally valued using a model that incorporates market observable data such as reported sales of similar securities, broker quotes, yields, bids, offers, and reference data. Certain securities are valued by principally using dealer quotations. U.S. government obligations generally are categorized in Level 2 of the fair value hierarchy, or Level 3 if inputs are unobservable.

*Securities lending collateral:* Securities lending collateral is invested in a money market fund which is valued at the actively traded NAV and no valuation adjustments are applied. Securities lending collateral is categorized in Level 1 of the fair value hierarchy.

*Repurchase agreements:* Repurchase agreements are valued at cost, which approximates fair value. To the extent the inputs are observable and timely, the values are generally categorized in Level 2 of the fair value hierarchy.

**Transamerica Funds**

**Page 10**

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** TRANSAMERICA FUNDS

- **b. Investment Company Act file number:** 811-04556

- **c. CIK number of Registrant:** 0000787623

- **d. LEI of Registrant:** 54930088ZHZE1VMYEY52

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

  - **Street Address 1:** 1801 CALIFORNIA STREET

  - **City:** DENVER

  - **State:** CO

  - **Foreign country:** US

  - **Zip / Postal Code:** 80202

  - **Telephone number:** 720-493-4256

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

- **a. Name of Series:** Transamerica Long Credit

- **b. EDGAR series identifier (if any):** S000080097

- **c. LEI of Series:** 54930002XJGTICGFHW21

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-07-31

**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:** $593421779.94

**Total Liabilities:** $10137169.26

**Net Assets:** $583284610.68

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -667.15000000 | **1-Year:** -13182.40000000 | **5-Year:** -58059.51000000 | **10-Year:** -297904.90000000 | **30-Year:** -313188.26000000

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

- **3-Month:** -15.62000000 | **1-Year:** -299.58000000 | **5-Year:** -1195.21000000 | **10-Year:** -5750.47000000 | **30-Year:** -3726.94000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000246912 | -0.75%               | 3.19%                | 0.12%                |
| Class ID C000241763 | -0.78%               | 3.17%                | 0.09%                |
| Class ID C000241761 | -0.76%               | 3.18%                | 0.10%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1539875.49             | $-5078621.89                               |
| Month 2  | $-1794160.04             | $17113591.13                               |
| Month 3  | $-237401.77              | $-1567697.92                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| JPMORGAN CHASE & CO                     | JPMorgan Chase & Co.                                                          | CUSIP: 46647PFC5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   1216000 | PA      | $1231753.28   | 0.21%             | 2036-07-23      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| BOEING CO/THE                           | Boeing Co.                                                                    | CUSIP: 097023DT9<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |   3502000 | PA      | $3849270.86   | 0.66%             | 2054-05-01      | Fixed         | 6.86%                 | No            |                  2 | On Loan: No      |
| ORBIA ADVANCE CORP SAB                  | Orbia Advance Corp. SAB de CV                                                 | CUSIP: 000000000<br>LEI: 549300MVHZ20SBIOEQ79 | Long             | DBT              | CORP              | MX        |   3540000 | PA      | $2977801.27   | 0.51%             | 2044-09-17      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Colombia Government International Bonds | Colombia Government International Bonds                                       | CUSIP: 195325CU7<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |   1602000 | PA      | $1117395.00   | 0.19%             | 2045-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                  | U.S. Treasury Bonds                                                           | CUSIP: 912810SN9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5191000 | PA      | $2460655.68   | 0.42%             | 2050-05-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Owens Corning                           | Owens Corning                                                                 | CUSIP: 690742AG6<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | DBT              | CORP              | US        |   1555000 | PA      | $1251954.37   | 0.21%             | 2047-07-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| CAMERON LNG LLC                         | Cameron LNG LLC                                                               | CUSIP: 133434AD2<br>LEI: 549300C39FLHGVD73K22 | Long             | DBT              | CORP              | US        |   1681000 | PA      | $1409720.52   | 0.24%             | 2039-01-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| MOODY'S CORPORATION                     | Moody's Corp.                                                                 | CUSIP: 615369AT2<br>LEI: 549300GCEDD8YCF5WU84 | Long             | DBT              | CORP              | US        |   3320000 | PA      | $2203865.24   | 0.38%             | 2050-05-20      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| State of Qatar                          | Qatar Government International Bonds                                          | CUSIP: 74727PAY7<br>LEI: 52990074F6OJOAXK4P65 | Long             | DBT              | NUSS              | QA        |   1012000 | PA      | $963071.11    | 0.17%             | 2048-04-23      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| EMERSON ELECTRIC CO                     | Emerson Electric Co.                                                          | CUSIP: 291011BM5<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | DBT              | CORP              | US        |   2329000 | PA      | $1462151.70   | 0.25%             | 2050-10-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| SAUDI INTERNATIONAL BOND                | Saudi Government International Bonds                                          | CUSIP: 80413TAL3<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |   1128000 | PA      | $1028382.01   | 0.18%             | 2050-01-16      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Chile Government International Bonds    | Chile Government International Bonds                                          | CUSIP: 168863DW5<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |   2609000 | PA      | $1983492.25   | 0.34%             | 2052-01-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Apple Inc                               | Apple, Inc.                                                                   | CUSIP: 037833BA7<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |   1106000 | PA      | $848428.77    | 0.15%             | 2045-02-09      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                     | JPMorgan Chase & Co.                                                          | CUSIP: 46647PDR4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   2327000 | PA      | $2387054.31   | 0.41%             | 2034-06-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO                             | Southern Co.                                                                  | CUSIP: 842587CX3<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |   2870000 | PA      | $2383595.61   | 0.41%             | 2046-07-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| ALIMENTATION COUCHE-TARD                | Alimentation Couche-Tard, Inc.                                                | CUSIP: 01626PAV8<br>LEI: 549300OSW32RVX8CCZ87 | Long             | DBT              | CORP              | CA        |   2296000 | PA      | $2184510.92   | 0.37%             | 2054-02-12      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| RIO TINTO FIN USA PLC                   | Rio Tinto Finance USA PLC                                                     | CUSIP: 76720AAW6<br>LEI: 2138006TSNBEUA761G16 | Long             | DBT              | CORP              | GB        |   2465000 | PA      | $2478682.60   | 0.42%             | 2065-03-14      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| GENERAL ELECTRIC CO                     | General Electric Co.                                                          | CUSIP: 369604BH5<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | DBT              | CORP              | US        |   1240000 | PA      | $1095718.82   | 0.19%             | 2044-03-11      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                              | Intel Corp.                                                                   | CUSIP: 458140CK4<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |   1747000 | PA      | $1583915.63   | 0.27%             | 2063-02-10      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                    | Bank of America Corp.                                                         | CUSIP: 06051GJW0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   1509000 | PA      | $1153103.74   | 0.20%             | 2042-04-22      | Fixed         | 3.31%                 | No            |                  2 | On Loan: No      |
| KROGER CO                               | Kroger Co.                                                                    | CUSIP: 501044DW8<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | DBT              | CORP              | US        |   3599000 | PA      | $3396147.33   | 0.58%             | 2054-09-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NEWMONT CORP                            | Newmont Corp.                                                                 | CUSIP: 651639AM8<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | DBT              | CORP              | US        |   2010000 | PA      | $2200476.91   | 0.38%             | 2039-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                            | UBS Group AG                                                                  | CUSIP: 225401AZ1<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    790000 | PA      | $860250.99    | 0.15%             | 2033-08-12      | Fixed         | 6.54%                 | No            |                  2 | On Loan: No      |
| COMISION FEDERAL DE ELEC                | Comision Federal de Electricidad                                              | CUSIP: 000000000<br>LEI: 4469000001BFPONMPF32 | Long             | DBT              | CORP              | MX        |    295000 | PA      | $207093.51    | 0.04%             | 2051-02-09      | Fixed         | 4.68%                 | No            |                  2 | On Loan: No      |
| Constellation Brands Inc                | Constellation Brands, Inc.                                                    | CUSIP: 21036PBD9<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |    945000 | PA      | $861861.23    | 0.15%             | 2048-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NORTHERN STATES PWR-MINN                | Northern States Power Co.                                                     | CUSIP: 665772CN7<br>LEI: 3S1GHB0TEH85KX44SB51 | Long             | DBT              | CORP              | US        |   2634000 | PA      | $2115117.91   | 0.36%             | 2045-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                  | U.S. Treasury Bonds                                                           | CUSIP: 912810UJ5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1342000 | PA      | $1319144.06   | 0.23%             | 2045-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| 7-ELEVEN INC                            | 7-Eleven, Inc.                                                                | CUSIP: 817826AF7<br>LEI: 549300K23JPL0SS3LB18 | Long             | DBT              | CORP              | US        |   3752000 | PA      | $2515510.13   | 0.43%             | 2041-02-10      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BURLINGTN NORTH SANTA FE                | Burlington Northern Santa Fe LLC                                              | CUSIP: 12189LBH3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    557000 | PA      | $345472.68    | 0.06%             | 2052-06-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Norfolk Southern Corp                   | Norfolk Southern Corp.                                                        | CUSIP: 655844BR8<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |   2272000 | PA      | $1992579.03   | 0.34%             | 2046-01-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                            | Comcast Corp.                                                                 | CUSIP: 20030NDS7<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |   1827000 | PA      | $1097650.93   | 0.19%             | 2051-11-01      | Fixed         | 2.89%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos                     | Petroleos Mexicanos                                                           | CUSIP: 71654QDD1<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |   2185000 | PA      | $1852363.53   | 0.32%             | 2050-01-23      | Fixed         | 7.69%                 | No            |                  2 | On Loan: No      |
| CARRIER GLOBAL CORP                     | Carrier Global Corp.                                                          | CUSIP: 14448CBD5<br>LEI: 549300JE3W6CWY2NAN77 | Long             | DBT              | CORP              | US        |   1607000 | PA      | $1717259.73   | 0.29%             | 2054-03-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| GILEAD SCIENCES INC                     | Gilead Sciences, Inc.                                                         | CUSIP: 375558CD3<br>LEI: 549300WTZWR07K8MNV44 | Long             | DBT              | CORP              | US        |   2785000 | PA      | $2719828.74   | 0.47%             | 2054-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BAE SYSTEMS PLC                         | BAE Systems PLC                                                               | CUSIP: 05523RAM9<br>LEI: 8SVCSVKSGDWMW2QHOH83 | Long             | DBT              | CORP              | GB        |    880000 | PA      | $864636.86    | 0.15%             | 2054-03-26      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| POTOMAC ELECTRIC POWER                  | Potomac Electric Power Co.                                                    | CUSIP: 737679DC1<br>LEI: 549300BXF2DWUNN57U06 | Long             | DBT              | CORP              | US        |   3850000 | PA      | $4816012.62   | 0.83%             | 2038-12-15      | Fixed         | 7.90%                 | No            |                  2 | On Loan: No      |
| Bayer US Finance II LLC                 | Bayer U.S. Finance II LLC                                                     | CUSIP: 07274NBH5<br>LEI: 529900XWNEXYNJ3X6T40 | Long             | DBT              | CORP              | US        |   2517000 | PA      | $1887433.26   | 0.32%             | 2064-07-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| CIGNA GROUP/THE                         | Cigna Group                                                                   | CUSIP: 125523BK5<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |   3793000 | PA      | $2818704.61   | 0.48%             | 2047-10-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| 321 Henderson Receivables LLC           | JG Wentworth XXXVIII LLC                                                      | CUSIP: 46620JAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5192462 | PA      | $4692831.35   | 0.80%             | 2060-08-16      | Fixed         | 3.99%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                   | Truist Financial Corp.                                                        | CUSIP: 89788MAM4<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |    929000 | PA      | $929310.17    | 0.16%             | 2034-01-26      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos                     | Petroleos Mexicanos                                                           | CUSIP: 71654QDF6<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |   1459000 | PA      | $1126187.51   | 0.19%             | 2060-01-28      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| Halliburton Co                          | Halliburton Co.                                                               | CUSIP: 406216BK6<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | DBT              | CORP              | US        |   3161000 | PA      | $2772804.67   | 0.48%             | 2045-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                  | U.S. Treasury Bonds                                                           | CUSIP: 912810TB4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2067000 | PA      | $1132328.44   | 0.19%             | 2051-11-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                            | Broadcom, Inc.                                                                | CUSIP: 11135FBJ9<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |   1946000 | PA      | $1539950.11   | 0.26%             | 2041-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| WESTLAKE CORP                           | Westlake Corp.                                                                | CUSIP: 960413AU6<br>LEI: GOXNEVUM0LL78B1OS344 | Long             | DBT              | CORP              | US        |   3152000 | PA      | $2449649.96   | 0.42%             | 2047-11-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| AMPHENOL CORP                           | Amphenol Corp.                                                                | CUSIP: 032095AS0<br>LEI: 549300D3L3G0R4U4VT04 | Long             | DBT              | CORP              | US        |    886000 | PA      | $860712.93    | 0.15%             | 2054-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| ADVANCED MICRO DEVICES                  | Advanced Micro Devices, Inc.                                                  | CUSIP: 007903BG1<br>LEI: R2I72C950HOYXII45366 | Long             | DBT              | CORP              | US        |   1382000 | PA      | $1159048.78   | 0.20%             | 2052-06-01      | Fixed         | 4.39%                 | No            |                  2 | On Loan: —       |
| NXP BV/NXP FDG/NXP USA                  | NXP BV/NXP Funding LLC/NXP USA, Inc.                                          | CUSIP: 62954HAU2<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    589000 | PA      | $431927.47    | 0.07%             | 2041-05-11      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| OFFICE CHERIFIEN DES PHO                | OCP SA                                                                        | CUSIP: 000000000<br>LEI: 213800D26TAPVTCVWG40 | Long             | DBT              | CORP              | MA        |    471000 | PA      | $460343.63    | 0.08%             | 2044-04-25      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                         | CVS Health Corp.                                                              | CUSIP: 126650DZ0<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |   2702000 | PA      | $2561886.03   | 0.44%             | 2053-06-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                 | Goldman Sachs Group, Inc.                                                     | CUSIP: 38141GB37<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   3036000 | PA      | $3067010.46   | 0.53%             | 2035-07-23      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| MARKEL GROUP INC                        | Markel Group, Inc.                                                            | CUSIP: 570535AT1<br>LEI: 549300SCNO12JLWIK605 | Long             | DBT              | CORP              | US        |    273000 | PA      | $236954.43    | 0.04%             | 2049-05-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                  | Williams Cos., Inc.                                                           | CUSIP: 96950FAN4<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |   2870000 | PA      | $2689321.53   | 0.46%             | 2044-03-04      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| JM SMUCKER CO                           | J.M. Smucker Co.                                                              | CUSIP: 832696AY4<br>LEI: 5493000WDH6A0LHDJD55 | Long             | DBT              | CORP              | US        |    596000 | PA      | $633869.22    | 0.11%             | 2043-11-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| GCC SAB DE CV                           | GCC SAB de CV                                                                 | CUSIP: 36165RAC9<br>LEI: 254900WY9XL8033CKX68 | Long             | DBT              | CORP              | MX        |    471000 | PA      | $418964.72    | 0.07%             | 2032-04-20      | Fixed         | 3.61%                 | No            |                  2 | On Loan: No      |
| SPECTRA ENERGY PARTNERS                 | Spectra Energy Partners LP                                                    | CUSIP: 84756NAG4<br>LEI: 2HKVXE7U4NF5B6UGSU72 | Long             | DBT              | CORP              | US        |   3258000 | PA      | $2697357.89   | 0.46%             | 2045-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Peru Government International Bonds     | Peru Government International Bonds                                           | CUSIP: 715638BM3<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    612000 | PA      | $578364.48    | 0.10%             | 2050-11-18      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| State Street Global Advisors            | State Street Navigator Securities Lending Government Money Market Portfolio   | CUSIP: 857509301<br>LEI: 5493008BJIBKQ5KTIF74 | Long             | STIV             | RF                | US        |   3650520 | NS      | $3650520.00   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| UBS GROUP AG                            | UBS Group AG                                                                  | CUSIP: 902613BM9<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   1200000 | PA      | $1157845.60   | 0.20%             | 2045-09-06      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Tyson Foods Inc                         | Tyson Foods, Inc.                                                             | CUSIP: 902494BH5<br>LEI: WD6L6041MNRW1JE49D58 | Long             | DBT              | CORP              | US        |   2520000 | PA      | $2253206.21   | 0.39%             | 2048-09-28      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ELECTRIC                 | Public Service Electric & Gas Co.                                             | CUSIP: 74456QBV7<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |   3258000 | PA      | $2586840.11   | 0.44%             | 2048-05-01      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Hess Corp                               | Hess Corp.                                                                    | CUSIP: 42809HAD9<br>LEI: UASVRYNXNK17ULIGK870 | Long             | DBT              | CORP              | US        |   1767000 | PA      | $1788437.79   | 0.31%             | 2041-02-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| LYB INTL FINANCE BV                     | LYB International Finance BV                                                  | CUSIP: 50247VAC3<br>LEI: 549300J6QSW38QNOJK61 | Long             | DBT              | CORP              | NL        |   1472000 | PA      | $1233664.34   | 0.21%             | 2044-03-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORP                        | BAT Capital Corp.                                                             | CUSIP: 054989AD0<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |   2435000 | PA      | $2714944.30   | 0.47%             | 2053-08-02      | Fixed         | 7.08%                 | No            |                  2 | On Loan: No      |
| BOEING CO                               | Boeing Co.                                                                    | CUSIP: 097023CF0<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |   2486000 | PA      | $1693659.37   | 0.29%             | 2059-03-01      | Fixed         | 3.83%                 | No            |                  2 | On Loan: No      |
| KazMunayGas National Co. JSC            | KazMunayGas National Co. JSC                                                  | CUSIP: 000000000<br>LEI: 2138001H1M69RFJCSH88 | Long             | DBT              | CORP              | KZ        |   1750000 | PA      | $1638604.77   | 0.28%             | 2048-10-24      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| BERKSHIRE HATHAWAY ENERG                | Berkshire Hathaway Energy Co.                                                 | CUSIP: 084659AF8<br>LEI: 549300JD0S5IZJE9LY15 | Long             | DBT              | CORP              | US        |   2330000 | PA      | $2011450.67   | 0.34%             | 2045-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TEXAS INSTRUMENTS INC                   | Texas Instruments, Inc.                                                       | CUSIP: 882926AA6<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | DBT              | CORP              | US        |   1805000 | PA      | $1634434.63   | 0.28%             | 2063-05-18      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                  | UnitedHealth Group, Inc.                                                      | CUSIP: 91324PEX6<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |   4954000 | PA      | $4318460.85   | 0.74%             | 2063-04-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                            | Comcast Corp.                                                                 | CUSIP: 20030NCE9<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |   3572000 | PA      | $2695615.73   | 0.46%             | 2049-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ELECTRIC MKT STABL                | Texas Electric Market Stabilization Funding N LLC                             | CUSIP: 88240TAD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1357000 | PA      | $1259461.46   | 0.22%             | 2050-02-01      | Fixed         | 5.17%                 | No            |                  2 | On Loan: No      |
| ALLEGHANY CORP                          | Alleghany Corp.                                                               | CUSIP: 017175AF7<br>LEI: 549300DCJE6AYX159479 | Long             | DBT              | CORP              | US        |   1691000 | PA      | $1135744.83   | 0.19%             | 2051-08-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| DEVON ENERGY CORPORATION                | Devon Energy Corp.                                                            | CUSIP: 25179MAU7<br>LEI: 54930042348RKR3ZPN35 | Long             | DBT              | CORP              | US        |   1747000 | PA      | $1458419.66   | 0.25%             | 2045-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                         | CVS Health Corp.                                                              | CUSIP: 126650CD0<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |   3967000 | PA      | $3593008.73   | 0.62%             | 2043-12-05      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| MICRON TECHNOLOGY INC                   | Micron Technology, Inc.                                                       | CUSIP: 595112CH4<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |   1555000 | PA      | $1618400.83   | 0.28%             | 2035-11-01      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER                | Enterprise Products Operating LLC                                             | CUSIP: 29379VBJ1<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |   3488000 | PA      | $3113593.89   | 0.53%             | 2046-05-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| HUMANA INC                              | Humana, Inc.                                                                  | CUSIP: 444859CC4<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |   1173000 | PA      | $1127149.20   | 0.19%             | 2055-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| IVORY COAST                             | Ivory Coast Government International Bonds                                    | CUSIP: 221625AU0<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |   1041000 | PA      | $1028839.64   | 0.18%             | 2037-01-30      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                              | AbbVie, Inc.                                                                  | CUSIP: 00287YDW6<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |   2938000 | PA      | $2831099.72   | 0.49%             | 2054-03-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                         | CVS Health Corp.                                                              | CUSIP: 126650EF3<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |   1167000 | PA      | $1140627.32   | 0.20%             | 2054-06-01      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| United States Treasury                  | U.S. Treasury Bonds                                                           | CUSIP: 912810UF3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    609000 | PA      | $589112.34    | 0.10%             | 2044-11-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                     | Southern California Edison Co.                                                | CUSIP: 842400FZ1<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |   2769000 | PA      | $2293765.97   | 0.39%             | 2043-10-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SOUTH AFRICA                | Republic of South Africa Government International Bonds                       | CUSIP: 836205BG8<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    624000 | PA      | $593015.15    | 0.10%             | 2054-11-19      | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| SYSCO CORPORATION                       | Sysco Corp.                                                                   | CUSIP: 871829BJ5<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | DBT              | CORP              | US        |   2188000 | PA      | $1462570.77   | 0.25%             | 2050-02-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                  | Philip Morris International, Inc.                                             | CUSIP: 718172BL2<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |   3366000 | PA      | $2827385.24   | 0.48%             | 2044-11-10      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE FINANCIAL INC                | Corebridge Financial, Inc.                                                    | CUSIP: 21871XAM1<br>LEI: 549300XY1661QCIA7J65 | Long             | DBT              | CORP              | US        |   1708000 | PA      | $1367088.34   | 0.23%             | 2052-04-05      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| AMRIZE FINANCE US LLC                   | Amrize Finance U.S. LLC                                                       | CUSIP: 43475RAK2<br>LEI: 529900FB2F1WKLFNGY62 | Long             | DBT              | CORP              | US        |   3770000 | PA      | $3229921.90   | 0.55%             | 2046-09-22      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| OMNIS FUNDING TRUST                     | Omnis Funding Trust                                                           | CUSIP: 68218WAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1734000 | PA      | $1793440.46   | 0.31%             | 2055-05-15      | Fixed         | 6.72%                 | No            |                  2 | On Loan: No      |
| QUALCOMM Inc                            | QUALCOMM, Inc.                                                                | CUSIP: 747525AV5<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |   1722000 | PA      | $1431032.02   | 0.25%             | 2047-05-20      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                          | Morgan Stanley                                                                | CUSIP: 61747YFT7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   1266000 | PA      | $1281933.94   | 0.22%             | 2035-07-19      | Fixed         | 5.32%                 | No            |                  2 | On Loan: No      |
| HCA INC                                 | HCA, Inc.                                                                     | CUSIP: 404119CW7<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   2461000 | PA      | $2384655.87   | 0.41%             | 2064-04-01      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                               | Amgen, Inc.                                                                   | CUSIP: 031162DF4<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |   1797000 | PA      | $1394484.70   | 0.24%             | 2052-02-22      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| VODAFONE GROUP PLC                      | Vodafone Group PLC                                                            | CUSIP: 92857WCA6<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |   2216000 | PA      | $2116381.32   | 0.36%             | 2054-06-28      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| PFIZER INVESTMENT ENTER                 | Pfizer Investment Enterprises Pte. Ltd.                                       | CUSIP: 716973AH5<br>LEI: 5493000FQO8XF9C0RT95 | Long             | DBT              | CORP              | SG        |   2057000 | PA      | $1883016.70   | 0.32%             | 2063-05-19      | Fixed         | 5.34%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                          | Lowe's Cos., Inc.                                                             | CUSIP: 548661DZ7<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |   2444000 | PA      | $1514944.88   | 0.26%             | 2050-10-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BURLINGTN NORTH SANTA FE                | Burlington Northern Santa Fe LLC                                              | CUSIP: 12189LAX9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4309000 | PA      | $3848280.13   | 0.66%             | 2045-09-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                          | Morgan Stanley                                                                | CUSIP: 61748UAF9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   2771000 | PA      | $2844030.01   | 0.49%             | 2036-01-18      | Fixed         | 5.59%                 | No            |                  2 | On Loan: No      |
| Starbucks Corp                          | Starbucks Corp.                                                               | CUSIP: 855244AS8<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | DBT              | CORP              | US        |   2182000 | PA      | $1805829.42   | 0.31%             | 2048-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Nokia OYJ                               | Nokia OYJ                                                                     | CUSIP: 654902AC9<br>LEI: 549300A0JPRWG1KI7U06 | Long             | DBT              | CORP              | FI        |   1380000 | PA      | $1401452.76   | 0.24%             | 2039-05-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Appalachian Power Co                    | Appalachian Power Co.                                                         | CUSIP: 037735CV7<br>LEI: 3SCHO1ABYYIG382BEI70 | Long             | DBT              | CORP              | US        |   3258000 | PA      | $2650772.33   | 0.45%             | 2045-06-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| ALCON FINANCE CORP                      | Alcon Finance Corp.                                                           | CUSIP: 01400EAC7<br>LEI: 549300CUZUI9VU7XNK42 | Long             | DBT              | CORP              | US        |   2856000 | PA      | $2117064.09   | 0.36%             | 2049-09-23      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| ONEOK Inc                               | ONEOK, Inc.                                                                   | CUSIP: 682680AV5<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |   1747000 | PA      | $1510377.04   | 0.26%             | 2048-07-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORP                      | Union Pacific Corp.                                                           | CUSIP: 907818GH5<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |    864000 | PA      | $854781.48    | 0.15%             | 2054-12-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                 | Bristol-Myers Squibb Co.                                                      | CUSIP: 110122EL8<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |   1729000 | PA      | $1670086.87   | 0.29%             | 2064-02-22      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Pfizer Inc                              | Pfizer, Inc.                                                                  | CUSIP: 717081EK5<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | DBT              | CORP              | US        |   4347000 | PA      | $3534641.73   | 0.61%             | 2048-09-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| AbbVie Inc                              | AbbVie, Inc.                                                                  | CUSIP: 00287YAS8<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |   2768000 | PA      | $2471737.56   | 0.42%             | 2045-05-14      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| META PLATFORMS INC                      | Meta Platforms, Inc.                                                          | CUSIP: 30303M8J4<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |   2182000 | PA      | $1834708.52   | 0.31%             | 2052-08-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| ALIBABA GROUP HOLDING                   | Alibaba Group Holding Ltd.                                                    | CUSIP: 01609WAV4<br>LEI: 5493001NTNQJDH60PM02 | Long             | DBT              | CORP              | KY        |   1221000 | PA      | $998675.06    | 0.17%             | 2047-12-06      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| AMAZON CONSERVATION DAC                 | Amazon Conservation DAC                                                       | CUSIP: 02315JAA2<br>LEI: 635400VMJ6EGNYN3YK31 | Long             | DBT              | NUSS              | IE        |   1314000 | PA      | $1320372.90   | 0.23%             | 2042-01-16      | Fixed         | 6.03%                 | No            |                  2 | On Loan: No      |
| META PLATFORMS INC                      | Meta Platforms, Inc.                                                          | CUSIP: 30303M8R6<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |   1085000 | PA      | $1090131.82   | 0.19%             | 2063-05-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                    | Bank of America Corp.                                                         | CUSIP: 06051GLH0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   3516000 | PA      | $3581853.98   | 0.61%             | 2034-04-25      | Fixed         | 5.29%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                   | Truist Financial Corp.                                                        | CUSIP: 89788MAP7<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |   1115000 | PA      | $1165786.20   | 0.20%             | 2034-06-08      | Fixed         | 5.87%                 | No            |                  2 | On Loan: No      |
| HCA INC                                 | HCA, Inc.                                                                     | CUSIP: 404119CL1<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   3275000 | PA      | $2617520.89   | 0.45%             | 2052-03-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| WILLIS NORTH AMERICA INC                | Willis North America, Inc.                                                    | CUSIP: 970648AN1<br>LEI: 5493004KVU1HWZCP0C66 | Long             | DBT              | CORP              | US        |   2820000 | PA      | $2778632.12   | 0.48%             | 2054-03-05      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                      | Energy Transfer LP                                                            | CUSIP: 29273RAJ8<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   4309000 | PA      | $4925077.64   | 0.84%             | 2038-07-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Black Hills Corp                        | Black Hills Corp.                                                             | CUSIP: 092113AN9<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | DBT              | CORP              | US        |   4832000 | PA      | $3761850.20   | 0.64%             | 2046-09-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                 | Goldman Sachs Group, Inc.                                                     | CUSIP: 38141GC51<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   1489000 | PA      | $1495259.40   | 0.26%             | 2056-01-28      | Fixed         | 5.73%                 | No            |                  2 | On Loan: No      |
| CARDINAL HEALTH INC                     | Cardinal Health, Inc.                                                         | CUSIP: 14149YBT4<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | DBT              | CORP              | US        |   2903000 | PA      | $2840043.19   | 0.49%             | 2054-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                  | Verizon Communications, Inc.                                                  | CUSIP: 92343VFW9<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |   1453000 | PA      | $871358.26    | 0.15%             | 2056-10-30      | Fixed         | 2.99%                 | No            |                  2 | On Loan: No      |
| GENERAL ELECTRIC CO                     | General Electric Co.                                                          | CUSIP: 369604BF9<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | DBT              | CORP              | US        |   1552000 | PA      | $1292820.16   | 0.22%             | 2042-10-09      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| DIAMONDBACK ENERGY INC                  | Diamondback Energy, Inc.                                                      | CUSIP: 25278XBA6<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |   1675000 | PA      | $1555723.72   | 0.27%             | 2054-04-18      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                 | BPCE SA                                                                       | CUSIP: 05583JAM4<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |   1642000 | PA      | $1681723.05   | 0.29%             | 2033-07-19      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| GXO LOGISTICS INC                       | GXO Logistics, Inc.                                                           | CUSIP: 36262GAD3<br>LEI: 5493007CNWMXN78JRN66 | Long             | DBT              | CORP              | US        |   2400000 | PA      | $2091488.54   | 0.36%             | 2031-07-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| General Motors Co                       | General Motors Co.                                                            | CUSIP: 37045VAF7<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |   3202000 | PA      | $3172323.51   | 0.54%             | 2043-10-02      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Mexico Government International Bonds   | Mexico Government International Bonds                                         | CUSIP: 91087BAD2<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |   1483000 | PA      | $1101127.50   | 0.19%             | 2048-02-10      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN ENER PART                 | Kinder Morgan Energy Partners LP                                              | CUSIP: 494550BF2<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |   4309000 | PA      | $4558767.18   | 0.78%             | 2040-09-15      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                 | MPLX LP                                                                       | CUSIP: 55336VAT7<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |   1397000 | PA      | $1262907.33   | 0.22%             | 2049-02-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| IMPERIAL BRANDS FIN PLC                 | Imperial Brands Finance PLC                                                   | CUSIP: 45262BAL7<br>LEI: 2138008L3B3MCG1DFS50 | Long             | DBT              | CORP              | GB        |   2893000 | PA      | $2918924.26   | 0.50%             | 2055-07-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                     | JPMorgan Chase & Co.                                                          | CUSIP: 46647PBM7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   8200000 | PA      | $6266628.68   | 1.07%             | 2041-04-22      | Fixed         | 3.11%                 | No            |                  2 | On Loan: No      |
| ROYALTY PHARMA PLC                      | Royalty Pharma PLC                                                            | CUSIP: 78081BAS2<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | GB        |   1446000 | PA      | $1396833.43   | 0.24%             | 2054-09-02      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| DIAMONDBACK ENERGY INC                  | Diamondback Energy, Inc.                                                      | CUSIP: 25278XAQ2<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |   1565000 | PA      | $1211170.67   | 0.21%             | 2051-03-24      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| TAKEDA US FIN                           | Takeda U.S. Financing, Inc.                                                   | CUSIP: 87406BAB8<br>LEI: 254900ZGPIBGBZ2N3A33 | Long             | DBT              | CORP              | US        |   1850000 | PA      | $1847727.85   | 0.32%             | 2055-07-07      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| ROMANIA                                 | Romania Government International Bonds                                        | CUSIP: 77586RAJ9<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |   1272000 | PA      | $825820.23    | 0.14%             | 2051-02-14      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BROWN & BROWN INC                       | Brown & Brown, Inc.                                                           | CUSIP: 115236AN1<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |   2962000 | PA      | $3034919.67   | 0.52%             | 2055-06-23      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| SYNOPSYS INC                            | Synopsys, Inc.                                                                | CUSIP: 871607AG2<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | DBT              | CORP              | US        |   1787000 | PA      | $1762132.00   | 0.30%             | 2055-04-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Corning Inc                             | Corning, Inc.                                                                 | CUSIP: 219350BF1<br>LEI: 549300X2937PB0CJ7I56 | Long             | DBT              | CORP              | US        |   2188000 | PA      | $1747614.48   | 0.30%             | 2057-11-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Fixed Income Clearing Corp              | FIXED INC CLEARING CORP.REPO                                                  | CUSIP: 000000000<br>LEI: 549300H47WTHXPU08X20 | Long             | RA               | CORP              | US        |   4807876 | PA      | $4807876.22   | 0.82%             |  |  |  | No            |                  2 | On Loan: No      |
| INGERSOLL RAND INC                      | Ingersoll Rand, Inc.                                                          | CUSIP: 45687VAG1<br>LEI: 5299004C02FMZCUOIR50 | Long             | DBT              | CORP              | US        |   1533000 | PA      | $1516504.49   | 0.26%             | 2054-06-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| KLA Corp                                | KLA Corp.                                                                     | CUSIP: 482480AH3<br>LEI: 549300H0BF5JCG96TJ81 | Long             | DBT              | CORP              | US        |   1465000 | PA      | $1353047.54   | 0.23%             | 2049-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RENAISSANCERE HOLDINGS L                | RenaissanceRe Holdings Ltd.                                                   | CUSIP: 75968NAG6<br>LEI: EK6GB9U3U58PDI411C94 | Long             | DBT              | CORP              | BM        |    421000 | PA      | $432686.27    | 0.07%             | 2035-04-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO                | Virginia Electric & Power Co.                                                 | CUSIP: 927804FG4<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |   4425000 | PA      | $5812185.24   | 1.00%             | 2038-11-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Amazon.com Inc                          | Amazon.com, Inc.                                                              | CUSIP: 023135BJ4<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |   1377000 | PA      | $1133534.41   | 0.19%             | 2047-08-22      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                  | Verizon Communications, Inc.                                                  | CUSIP: 92343VGC2<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |   8730000 | PA      | $6000407.05   | 1.03%             | 2061-03-22      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                        | T-Mobile USA, Inc.                                                            | CUSIP: 87264ABN4<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    754000 | PA      | $500236.45    | 0.09%             | 2051-02-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Freeport-McMoRan Inc                    | Freeport-McMoRan, Inc.                                                        | CUSIP: 35671DBC8<br>LEI: 549300IRDTHJQ1PVET45 | Long             | DBT              | CORP              | US        |   1717000 | PA      | $1617802.56   | 0.28%             | 2043-03-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| GLENCORE FINANCE CANADA                 | Glencore Finance Canada Ltd.                                                  | CUSIP: 98417EAC4<br>LEI: 5493005TTO0UJ33KCK70 | Long             | DBT              | CORP              | CA        |   1240000 | PA      | $1366829.10   | 0.23%             | 2037-11-15      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                            | Broadcom, Inc.                                                                | CUSIP: 11135FBG5<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |   2268000 | PA      | $1696512.88   | 0.29%             | 2051-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| TENN VALLEY AUTHORITY                   | Tennessee Valley Authority                                                    | CUSIP: 880591ES7<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |   3700000 | PA      | $2949718.70   | 0.51%             | 2065-09-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CARGILL INC                             | Cargill, Inc.                                                                 | CUSIP: 141781AW4<br>LEI: QXZYQNMR4JZ5RIRN4T31 | Long             | DBT              | CORP              | US        |   2276000 | PA      | $2514280.52   | 0.43%             | 2037-09-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| ABU DHABI CRUDE OIL                     | Abu Dhabi Crude Oil Pipeline LLC                                              | CUSIP: 000000000<br>LEI: 549300DONDFW2383FV66 | Long             | DBT              | CORP              | AE        |   1297000 | PA      | $1174259.38   | 0.20%             | 2047-11-02      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| MCDONALD'S CORP                         | McDonald's Corp.                                                              | CUSIP: 58013MFK5<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |   2092000 | PA      | $1516806.96   | 0.26%             | 2049-09-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| ALPHABET INC                            | Alphabet, Inc.                                                                | CUSIP: 02079KAN7<br>LEI: 5493006MHB84DD0ZWV18 | Long             | DBT              | CORP              | US        |   1555000 | PA      | $1509925.73   | 0.26%             | 2065-05-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| GREENSAIF PIPELINES BIDC                | Greensaif Pipelines Bidco SARL                                                | CUSIP: 39541EAE3<br>LEI: 549300YWDGUXPB8GRP47 | Long             | DBT              | CORP              | LU        |   1542000 | PA      | $1567761.81   | 0.27%             | 2042-08-23      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| COMISION FEDERAL DE ELEC                | Comision Federal de Electricidad                                              | CUSIP: 000000000<br>LEI: 4469000001BFPONMPF32 | Long             | DBT              | CORP              | MX        |   1100000 | PA      | $960220.91    | 0.16%             | 2052-02-15      | Fixed         | 6.26%                 | No            |                  2 | On Loan: —       |
| PT PERTAMINA (PERSERO)                  | Pertamina Persero PT                                                          | CUSIP: 69370PAA9<br>LEI: 254900NDAKGNZ2IBBL45 | Long             | DBT              | CORP              | ID        |   1429000 | PA      | $1487012.24   | 0.25%             | 2044-05-30      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                             | Oracle Corp.                                                                  | CUSIP: 68389XCV5<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   1480000 | PA      | $1322333.53   | 0.23%             | 2064-09-27      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                            | Comcast Corp.                                                                 | CUSIP: 20030NDU2<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |   1216000 | PA      | $702502.78    | 0.12%             | 2056-11-01      | Fixed         | 2.94%                 | No            |                  2 | On Loan: No      |
| ALIBABA GROUP HOLDING                   | Alibaba Group Holding Ltd.                                                    | CUSIP: 01609WAY8<br>LEI: 5493001NTNQJDH60PM02 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $142352.98    | 0.02%             | 2041-02-09      | Fixed         | 2.70%                 | No            |                  2 | On Loan: —       |
| HEALTH CARE SERVICE CORP                | Health Care Service Corp. A Mutual Legal Reserve Co.                          | CUSIP: 42218SAM0<br>LEI: 549300TMJ1FKCKECR148 | Long             | DBT              | CORP              | US        |   1086000 | PA      | $1044506.69   | 0.18%             | 2054-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                  | U.S. Treasury Bonds                                                           | CUSIP: 912810TZ1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4639000 | PA      | $4431332.29   | 0.76%             | 2044-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                     | Charles Schwab Corp.                                                          | CUSIP: 808513CE3<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |   1081000 | PA      | $1145790.99   | 0.20%             | 2034-05-19      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Nutrien Ltd                             | Nutrien Ltd.                                                                  | CUSIP: 67077MAU2<br>LEI: 5493002QQ7GD21OWF963 | Long             | DBT              | CORP              | CA        |   3851000 | PA      | $3406263.68   | 0.58%             | 2049-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ONEOK Partners LP                       | ONEOK Partners LP                                                             | CUSIP: 68268NAM5<br>LEI: T4DHW82NMF6BXJT50795 | Long             | DBT              | CORP              | US        |   2079000 | PA      | $2069789.72   | 0.35%             | 2043-09-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| JBS USA HOLD/FOOD/LUX CO                | JBS USA Holding Lux SARL/JBS USA Food Co./JBS Lux Co. SARL                    | CUSIP: 46590XAX4<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    852000 | PA      | $870776.38    | 0.15%             | 2052-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CIGNA GROUP/THE                         | Cigna Group                                                                   | CUSIP: 125523CQ1<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |   3021000 | PA      | $2011967.42   | 0.34%             | 2051-03-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Electricite de France SA                | Electricite de France SA                                                      | CUSIP: 268317AT1<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |   1974000 | PA      | $1707624.24   | 0.29%             | 2048-09-21      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARKEL GROUP INC                        | Markel Group, Inc.                                                            | CUSIP: 570535AY0<br>LEI: 549300SCNO12JLWIK605 | Long             | DBT              | CORP              | US        |   1049000 | PA      | $1044508.54   | 0.18%             | 2054-05-16      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FMR LLC                                 | FMR LLC                                                                       | CUSIP: 30251BAC2<br>LEI: 6X064LF7Y6B4DKF2GZ26 | Long             | DBT              | CORP              | US        |   1718000 | PA      | $1885097.70   | 0.32%             | 2040-12-14      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Equifax Inc                             | Equifax, Inc.                                                                 | CUSIP: 294429AG0<br>LEI: 5493004MCF8JDC86VS77 | Long             | DBT              | CORP              | US        |   3657000 | PA      | $4083134.23   | 0.70%             | 2037-07-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ZIMMER BIOMET HOLDINGS                  | Zimmer Biomet Holdings, Inc.                                                  | CUSIP: 98956PAH5<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | DBT              | CORP              | US        |   1704000 | PA      | $1444139.54   | 0.25%             | 2045-08-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| KENVUE INC                              | Kenvue, Inc.                                                                  | CUSIP: 49177JAM4<br>LEI: 5493008HSF8L4M2LIJ82 | Long             | DBT              | CORP              | US        |   1190000 | PA      | $1136742.53   | 0.19%             | 2043-03-22      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                          | Morgan Stanley                                                                | CUSIP: 61744YAL2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   2206000 | PA      | $1931817.41   | 0.33%             | 2038-07-22      | Variable      | 3.97%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                        | T-Mobile USA, Inc.                                                            | CUSIP: 87264ACW3<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |   2801000 | PA      | $2697166.45   | 0.46%             | 2053-01-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| APTIV SWISS HOLDINGS LTD                | Aptiv Swiss Holdings Ltd.                                                     | CUSIP: 00217GAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | JE        |   1927000 | PA      | $1388390.07   | 0.24%             | 2052-05-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                | Charter Communications Operating LLC/Charter Communications Operating Capital | CUSIP: 161175BA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7651000 | PA      | $7444186.20   | 1.28%             | 2045-10-23      | Fixed         | 6.48%                 | No            |                  2 | On Loan: No      |
| STATE OF ISRAEL                         | Israel Government International Bonds                                         | CUSIP: 46514BRM1<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |   1510000 | PA      | $1405330.91   | 0.24%             | 2054-03-12      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| MERCK & CO INC                          | Merck & Co., Inc.                                                             | CUSIP: 58933YBM6<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |   1230000 | PA      | $1118650.04   | 0.19%             | 2053-05-17      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                             | Oracle Corp.                                                                  | CUSIP: 68389XCK9<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   6132000 | PA      | $6726422.34   | 1.15%             | 2052-11-09      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORP                        | BAT Capital Corp.                                                             | CUSIP: 05526DCD5<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |   2788000 | PA      | $2816633.01   | 0.48%             | 2055-08-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                    | Bank of America Corp.                                                         | CUSIP: 06051GMW6<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   2027000 | PA      | $2074091.99   | 0.36%             | 2036-05-09      | Fixed         | 5.46%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                | Western Midstream Operating LP                                                | CUSIP: 958254AJ3<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |   2327000 | PA      | $1956038.41   | 0.34%             | 2048-03-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES LP                      | VICI Properties LP                                                            | CUSIP: 925650AG8<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              |  | US        |   2469000 | PA      | $2418968.58   | 0.41%             | 2054-04-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| GILEAD SCIENCES INC                     | Gilead Sciences, Inc.                                                         | CUSIP: 375558CA9<br>LEI: 549300WTZWR07K8MNV44 | Long             | DBT              | CORP              | US        |   1439000 | PA      | $1413182.15   | 0.24%             | 2053-10-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| PROSUS NV                               | Prosus NV                                                                     | CUSIP: 000000000<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | DBT              | CORP              | NL        |   1177000 | PA      | $791201.49    | 0.14%             | 2050-08-03      | Fixed         | 4.03%                 | No            |                  2 | On Loan: No      |
| STEEL DYNAMICS INC                      | Steel Dynamics, Inc.                                                          | CUSIP: 858119BT6<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | DBT              | CORP              | US        |   2734000 | PA      | $2660897.00   | 0.46%             | 2055-05-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| INTUIT INC                              | Intuit, Inc.                                                                  | CUSIP: 46124HAH9<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | DBT              | CORP              | US        |   1653000 | PA      | $1636687.25   | 0.28%             | 2053-09-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                   | Wells Fargo & Co.                                                             | CUSIP: 94974BGU8<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   5403000 | PA      | $4666107.47   | 0.80%             | 2046-12-07      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| TAKEDA PHARMACEUTICAL                   | Takeda Pharmaceutical Co. Ltd.                                                | CUSIP: 874060AZ9<br>LEI: 549300ZLMVP4X0OGR454 | Long             | DBT              | CORP              | JP        |   2080000 | PA      | $1356564.12   | 0.23%             | 2050-07-09      | Fixed         | 3.18%                 | No            |                  2 | On Loan: No      |
| TRAVELERS COS INC                       | Travelers Cos., Inc.                                                          | CUSIP: 89417EAU3<br>LEI: 549300Y650407RU8B149 | Long             | DBT              | CORP              | US        |   2220000 | PA      | $2235141.98   | 0.38%             | 2055-07-24      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| GXO LOGISTICS INC                       | GXO Logistics, Inc.                                                           | CUSIP: 36262GAG6<br>LEI: 5493007CNWMXN78JRN66 | Long             | DBT              | CORP              | US        |    642000 | PA      | $673741.10    | 0.12%             | 2034-05-06      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                  | U.S. Treasury Notes                                                           | CUSIP: 91282CMM0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   9563000 | PA      | $9770696.41   | 1.68%             | 2035-02-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| ASHTEAD CAPITAL INC                     | Ashtead Capital, Inc.                                                         | CUSIP: 045054AS2<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | US        |   1409000 | PA      | $1446745.86   | 0.25%             | 2034-04-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| CON EDISON CO OF NY INC                 | Consolidated Edison Co. of New York, Inc.                                     | CUSIP: 209111FN8<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |   6514000 | PA      | $4810145.85   | 0.82%             | 2057-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DANAHER CORP                            | Danaher Corp.                                                                 | CUSIP: 235851AV4<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | DBT              | CORP              | US        |   1164000 | PA      | $700094.68    | 0.12%             | 2050-10-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                  | Pacific Gas & Electric Co.                                                    | CUSIP: 694308JJ7<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |   1955000 | PA      | $1282242.88   | 0.22%             | 2050-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ALLSTATE CORP                           | Allstate Corp.                                                                | CUSIP: 020002BG5<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | DBT              | CORP              | US        |   2233000 | PA      | $1682670.29   | 0.29%             | 2049-08-10      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                           | Citigroup, Inc.                                                               | CUSIP: 172967LU3<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   4575000 | PA      | $3926953.86   | 0.67%             | 2039-01-24      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ALCON FINANCE CORP                      | Alcon Finance Corp.                                                           | CUSIP: 01400EAF0<br>LEI: 549300CUZUI9VU7XNK42 | Long             | DBT              | CORP              | US        |   1540000 | PA      | $1537181.57   | 0.26%             | 2052-12-06      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BP CAP MARKETS AMERICA                  | BP Capital Markets America, Inc.                                              | CUSIP: 10373QBP4<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |   4071000 | PA      | $2525839.90   | 0.43%             | 2051-06-04      | Fixed         | 2.94%                 | No            |                  2 | On Loan: No      |
| HP ENTERPRISE CO                        | Hewlett Packard Enterprise Co.                                                | CUSIP: 42824CBW8<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |   1425000 | PA      | $1309633.40   | 0.22%             | 2054-10-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| EQUITABLE HOLDINGS INC                  | Equitable Holdings, Inc.                                                      | CUSIP: 054561AM7<br>LEI: 549300FIBAKMNHPZ4009 | Long             | DBT              | CORP              | US        |   1424000 | PA      | $1250851.71   | 0.21%             | 2048-04-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Johnson & Johnson                       | Johnson & Johnson                                                             | CUSIP: 478160CG7<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |   1555000 | PA      | $1236791.08   | 0.21%             | 2047-03-03      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                  | U.S. Treasury Bonds                                                           | CUSIP: 912810SR0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   9835000 | PA      | $6071959.94   | 1.04%             | 2040-05-15      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                  | UnitedHealth Group, Inc.                                                      | CUSIP: 91324PFC1<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |   3064000 | PA      | $2815762.99   | 0.48%             | 2054-04-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                               | ONEOK, Inc.                                                                   | CUSIP: 682680BX0<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |   1983000 | PA      | $1499935.35   | 0.26%             | 2046-09-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| J.G. Wentworth XLIII LLC                | JG Wentworth XLIII LLC                                                        | CUSIP: 46650XAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3215568 | PA      | $2840720.33   | 0.49%             | 2071-08-17      | Fixed         | 3.82%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                | AT&T, Inc.                                                                    | CUSIP: 00206RKJ0<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |   6382000 | PA      | $4299505.60   | 0.74%             | 2053-09-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                | Capital One Financial Corp.                                                   | CUSIP: 14040HDJ1<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    455000 | PA      | $467106.33    | 0.08%             | 2036-01-30      | Fixed         | 6.18%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                               | Amgen, Inc.                                                                   | CUSIP: 031162DU1<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |   2677000 | PA      | $2568315.57   | 0.44%             | 2063-03-02      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| FOUNDRY JV HOLDCO LLC                   | Foundry JV Holdco LLC                                                         | CUSIP: 350930AK9<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |   2797000 | PA      | $2878842.15   | 0.49%             | 2039-01-25      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| SWISS RE SUB FIN PLC                    | Swiss RE Subordinated Finance PLC                                             | CUSIP: 87088QAB0<br>LEI: 636700H29EH5Z8ZU8L04 | Long             | DBT              | CORP              | GB        |   3000000 | PA      | $2983216.68   | 0.51%             | 2046-04-01      | Fixed         | 6.19%                 | No            |                  2 | On Loan: No      |
| TR FINANCE LLC                          | TR Finance LLC                                                                | CUSIP: 87268LAB3<br>LEI: 254900OWSTRTOV8P5W25 | Long             | DBT              | CORP              | US        |   1288000 | PA      | $1308740.51   | 0.22%             | 2040-04-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Guatemala Government Bonds              | Guatemala Government Bonds                                                    | CUSIP: 000000000<br>LEI: 529900QKDFFU9UWW5315 | Long             | DBT              | NUSS              | GT        |   1457000 | PA      | $1330401.27   | 0.23%             | 2050-06-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| PLDT INC                                | PLDT, Inc.                                                                    | CUSIP: 000000000<br>LEI: 254900ADE8GQHM5P2648 | Long             | DBT              | CORP              | PH        |    412000 | PA      | $284616.70    | 0.05%             | 2050-06-23      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| SIMON PROPERTY GROUP LP                 | Simon Property Group LP                                                       | CUSIP: 828807DV6<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              |  | US        |    664000 | PA      | $665245.52    | 0.11%             | 2053-03-08      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| SHELL FINANCE US INC                    | Shell Finance U.S., Inc.                                                      | CUSIP: 822905AH8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4450000 | PA      | $3396999.26   | 0.58%             | 2046-09-12      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FDG/NXP USA                  | NXP BV/NXP Funding LLC/NXP USA, Inc.                                          | CUSIP: 62954HAN8<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |   2546000 | PA      | $1638800.80   | 0.28%             | 2051-11-30      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR COMPANY                      | Ford Motor Co.                                                                | CUSIP: 345370CQ1<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |   1246000 | PA      | $965679.18    | 0.17%             | 2043-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| EVERGY METRO                            | Evergy Metro, Inc.                                                            | CUSIP: 485134BR0<br>LEI: 1128SIJQ26096WL7IO82 | Long             | DBT              | CORP              | US        |   3258000 | PA      | $2580214.54   | 0.44%             | 2048-03-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                        | T-Mobile USA, Inc.                                                            | CUSIP: 87264AAZ8<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |   2606000 | PA      | $2140366.23   | 0.37%             | 2050-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| JD.COM INC                              | JD.com, Inc.                                                                  | CUSIP: 47215PAF3<br>LEI: 549300HVTWB0GJZ16V92 | Long             | DBT              | CORP              | KY        |    935000 | PA      | $745775.01    | 0.13%             | 2050-01-14      | Fixed         | 4.13%                 | No            |                  2 | On Loan: —       |
| AT&T INC                                | AT&T, Inc.                                                                    | CUSIP: 00206RLJ9<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |   8254000 | PA      | $5534008.45   | 0.95%             | 2055-09-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| WASTE MANAGEMENT INC                    | Waste Management, Inc.                                                        | CUSIP: 94106LCF4<br>LEI: 549300YX8JIID70NFS41 | Long             | DBT              | CORP              | US        |   3457000 | PA      | $3341735.81   | 0.57%             | 2054-10-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| JBS USA HOLD/FOOD/LUX CO                | JBS USA Holding Lux SARL/JBS USA Food Co./JBS Lux Co. SARL                    | CUSIP: 46590XAQ9<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |   3900000 | PA      | $2972897.07   | 0.51%             | 2052-02-02      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| MICROSOFT CORP                          | Microsoft Corp.                                                               | CUSIP: 594918CE2<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    568000 | PA      | $374741.74    | 0.06%             | 2052-03-17      | Fixed         | 2.92%                 | No            |                  2 | On Loan: No      |
| United States Treasury                  | U.S. Treasury Bonds                                                           | CUSIP: 912810UE6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    162000 | PA      | $151976.25    | 0.03%             | 2054-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| DTE Electric Co                         | DTE Electric Co.                                                              | CUSIP: 23338VAH9<br>LEI: 9N0FWODEJVKHC2DYLO03 | Long             | DBT              | CORP              | US        |   2388000 | PA      | $1912890.99   | 0.33%             | 2048-05-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                          | Lowe's Cos., Inc.                                                             | CUSIP: 548661EJ2<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |   2327000 | PA      | $1805030.96   | 0.31%             | 2052-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| VULCAN MATERIALS CO                     | Vulcan Materials Co.                                                          | CUSIP: 929160BD0<br>LEI: 549300Q8LSNHAVWBNI21 | Long             | DBT              | CORP              | US        |   1545000 | PA      | $1527934.33   | 0.26%             | 2054-12-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| NUCOR CORP                              | Nucor Corp.                                                                   | CUSIP: 670346AU9<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | DBT              | CORP              | US        |   1743000 | PA      | $1059057.57   | 0.18%             | 2055-12-15      | Fixed         | 2.98%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                     | Elevance Health, Inc.                                                         | CUSIP: 28622HAC5<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |   2931000 | PA      | $2585227.64   | 0.44%             | 2053-02-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| KIMCO REALTY OP LLC                     | Kimco Realty OP LLC                                                           | CUSIP: 49446RAV1<br>LEI: 549300EA7I6T15IBYS12 | Long             | DBT              |  | US        |   1139000 | PA      | $824463.37    | 0.14%             | 2049-10-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| LEAR CORP                               | Lear Corp.                                                                    | CUSIP: 521865BD6<br>LEI: 549300UPNBTXA1SYTQ33 | Long             | DBT              | CORP              | US        |   2327000 | PA      | $1485327.08   | 0.25%             | 2052-01-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE E                | Alexandria Real Estate Equities, Inc.                                         | CUSIP: 015271BD0<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              |  | US        |   1969000 | PA      | $1848186.96   | 0.32%             | 2054-05-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| PETRONAS CAPITAL LTD                    | Petronas Capital Ltd.                                                         | CUSIP: 716743AR0<br>LEI: 549300G7YFX3540OYR85 | Long             | DBT              | CORP              | MY        |    917000 | PA      | $780090.45    | 0.13%             | 2050-04-21      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| MARS INC                                | Mars, Inc.                                                                    | CUSIP: 571676BC8<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |   1629000 | PA      | $1607406.81   | 0.28%             | 2055-05-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                              | Intel Corp.                                                                   | CUSIP: 458140CM0<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |   1969000 | PA      | $1739868.79   | 0.30%             | 2054-02-21      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| ENTERGY ARKANSAS LLC                    | Entergy Arkansas LLC                                                          | CUSIP: 29366MAA6<br>LEI: 549300A0I5ONUIFMLP35 | Long             | DBT              | CORP              | US        |   3851000 | PA      | $3039681.99   | 0.52%             | 2049-04-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| BOEING CO                               | Boeing Co.                                                                    | CUSIP: 097023CX1<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |   2115000 | PA      | $2023568.49   | 0.35%             | 2060-05-01      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                 | BPCE SA                                                                       | CUSIP: 05578QAG8<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |   1021000 | PA      | $735962.83    | 0.13%             | 2042-10-19      | Fixed         | 3.58%                 | No            |                  2 | On Loan: No      |
| CRH AMERICA FINANCE INC                 | CRH America Finance, Inc.                                                     | CUSIP: 12636YAG7<br>LEI: 549300WEVUODRJ4CWK56 | Long             | DBT              | CORP              | US        |   1704000 | PA      | $1734371.16   | 0.30%             | 2055-01-09      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH INBEV WOR                | Anheuser-Busch InBev Worldwide, Inc.                                          | CUSIP: 03523TBT4<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | US        |   9483000 | PA      | $8015892.47   | 1.37%             | 2048-10-06      | Fixed         | 4.44%                 | No            |                  2 | On Loan: No      |
| Pernod Ricard SA                        | Pernod Ricard SA                                                              | CUSIP: 714264AK4<br>LEI: 52990097YFPX9J0H5D87 | Long             | DBT              | CORP              | FR        |   1427000 | PA      | $1362735.34   | 0.23%             | 2042-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CSL FINANCE PLC                         | CSL Finance PLC                                                               | CUSIP: 12661PAF6<br>LEI: 2549007CCNBNAF4HBC02 | Long             | DBT              | CORP              | GB        |   3874000 | PA      | $3343902.37   | 0.57%             | 2062-04-27      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| VIATRIS INC                             | Viatris, Inc.                                                                 | CUSIP: 92556VAF3<br>LEI: 254900ZZTSW7NL773X71 | Long             | DBT              | CORP              | US        |   1671000 | PA      | $1098013.98   | 0.19%             | 2050-06-22      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TELEFONICA EMISIONES SAU                | Telefonica Emisiones SA                                                       | CUSIP: 87938WAX1<br>LEI: 549300Y5MFC4SW5Z3K71 | Long             | DBT              | CORP              | ES        |   1561000 | PA      | $1426837.93   | 0.24%             | 2049-03-01      | Fixed         | 5.52%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                          | Eli Lilly & Co.                                                               | CUSIP: 532457CN6<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |   1822000 | PA      | $1672957.63   | 0.29%             | 2064-02-09      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| FirstEnergy Corp                        | FirstEnergy Corp.                                                             | CUSIP: 337932AJ6<br>LEI: 549300SVYJS666PQJH88 | Long             | DBT              | CORP              | US        |   3411000 | PA      | $2897219.80   | 0.50%             | 2047-07-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Union Electric Co                       | Union Electric Co.                                                            | CUSIP: 906548CJ9<br>LEI: QMPJLLDULY5C1M8PNY21 | Long             | DBT              | CORP              | US        |   4379000 | PA      | $3541294.45   | 0.61%             | 2042-09-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| APPLOVIN CORP                           | AppLovin Corp.                                                                | CUSIP: 03831WAE8<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | DBT              | CORP              | US        |   1546000 | PA      | $1506366.03   | 0.26%             | 2054-12-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| AON NORTH AMERICA INC                   | Aon North America, Inc.                                                       | CUSIP: 03740MAF7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3032000 | PA      | $2953486.66   | 0.51%             | 2054-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                  | U.S. Treasury Bonds                                                           | CUSIP: 912810UK2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    801000 | PA      | $783478.13    | 0.13%             | 2055-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                  | U.S. Treasury Notes                                                           | CUSIP: 91282CLW9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    773000 | PA      | $768168.75    | 0.13%             | 2034-11-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| UNITED PARCEL SERVICE                   | United Parcel Service, Inc.                                                   | CUSIP: 911312CK0<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | DBT              | CORP              | US        |   1626000 | PA      | $1653788.37   | 0.28%             | 2055-05-14      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| FISERV INC                              | Fiserv, Inc.                                                                  | CUSIP: 337738AV0<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |   1792000 | PA      | $1431312.14   | 0.25%             | 2049-07-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Republic of Indonesia                   | Indonesia Government International Bonds                                      | CUSIP: 455780BU9<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |    825000 | PA      | $795264.05    | 0.14%             | 2045-01-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                       | NatWest Group PLC                                                             | CUSIP: 639057AN8<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    843000 | PA      | $875064.69    | 0.15%             | 2035-03-01      | Fixed         | 5.78%                 | No            |                  2 | On Loan: No      |
| Alleghany Corp                          | Alleghany Corp.                                                               | CUSIP: 017175AD2<br>LEI: 549300DCJE6AYX159479 | Long             | DBT              | CORP              | US        |   1748000 | PA      | $1580346.45   | 0.27%             | 2044-09-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| INTESA SANPAOLO SPA                     | Intesa Sanpaolo SpA                                                           | CUSIP: 46115HCF2<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |   1861000 | PA      | $2214226.77   | 0.38%             | 2053-11-28      | Fixed         | 7.80%                 | No            |                  2 | On Loan: No      |
| Petroleos del Peru SA                   | Petroleos del Peru SA                                                         | CUSIP: 000000000<br>LEI: 549300ZMGDLC9JT2OR80 | Long             | DBT              | CORP              | PE        |   1968000 | PA      | $1320003.72   | 0.23%             | 2047-06-19      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| RTX CORP                                | RTX Corp.                                                                     | CUSIP: 913017CA5<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |   2263000 | PA      | $1846017.22   | 0.32%             | 2045-05-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| NISOURCE INC                            | NiSource, Inc.                                                                | CUSIP: 65473PAU9<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |   2330000 | PA      | $2298455.16   | 0.39%             | 2055-04-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| SMURFIT KAPPA TREASURY                  | Smurfit Kappa Treasury ULC                                                    | CUSIP: 83272GAF8<br>LEI: 635400B3DOXSWFOWJT40 | Long             | DBT              | CORP              | IE        |   2387000 | PA      | $2372140.93   | 0.41%             | 2054-04-03      | Fixed         | 5.78%                 | No            |                  2 | On Loan: No      |
| FOX CORP                                | Fox Corp.                                                                     | CUSIP: 35137LAK1<br>LEI: 549300DDU6FDRBIELS05 | Long             | DBT              | CORP              | US        |   2920000 | PA      | $2732791.38   | 0.47%             | 2049-01-25      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                    | Bank of America Corp.                                                         | CUSIP: 06051GJA8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   3502000 | PA      | $2774150.48   | 0.48%             | 2051-03-20      | Fixed         | 4.08%                 | No            |                  2 | On Loan: No      |
| SIEMENS FUNDING BV                      | Siemens Funding BV                                                            | CUSIP: 82622RAG1<br>LEI: 213800CCRGH2TO338X64 | Long             | DBT              | CORP              | NL        |   2816000 | PA      | $2936058.92   | 0.50%             | 2065-05-28      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| 200 PARK FUNDING TRUST                  | 200 Park Funding Trust                                                        | CUSIP: 901928AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2303000 | PA      | $2264884.61   | 0.39%             | 2055-02-15      | Fixed         | 5.74%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority   | Metropolitan Transportation Authority                                         | CUSIP: 59259YGF0<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    560000 | PA      | $602917.95    | 0.10%             | 2040-11-15      | Fixed         | 6.81%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                  | Bank of New York Mellon Corp.                                                 | CUSIP: 06406YAB8<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    431000 | PA      | $440682.42    | 0.08%             | 2039-07-21      | Fixed         | 5.61%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                          | Home Depot, Inc.                                                              | CUSIP: 437076BH4<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |   4823000 | PA      | $4030857.17   | 0.69%             | 2046-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Stryker Corp                            | Stryker Corp.                                                                 | CUSIP: 863667AJ0<br>LEI: 5493002F0SC4JTBU5137 | Long             | DBT              | CORP              | US        |   2617000 | PA      | $2306063.47   | 0.40%             | 2046-03-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| BELROSE FUNDING TRUST II                | Belrose Funding Trust II                                                      | CUSIP: 08079KAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1517000 | PA      | $1552097.63   | 0.27%             | 2055-05-15      | Fixed         | 6.79%                 | No            |                  2 | On Loan: No      |
| Panama Government International Bonds   | Panama Government International Bonds                                         | CUSIP: 698299BM5<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |   2409000 | PA      | $1594902.54   | 0.27%             | 2056-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN HOMES 4 RENT                   | American Homes 4 Rent LP                                                      | CUSIP: 02666TAF4<br>LEI: 549300N4PXZ37U8QKI55 | Long             | DBT              |  | US        |   2886000 | PA      | $2239731.32   | 0.38%             | 2052-04-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                | Occidental Petroleum Corp.                                                    | CUSIP: 674599DL6<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |   2492000 | PA      | $2462138.86   | 0.42%             | 2046-03-15      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| UBER TECHNOLOGIES INC                   | Uber Technologies, Inc.                                                       | CUSIP: 90353TAQ3<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |   3083000 | PA      | $2880027.61   | 0.49%             | 2054-09-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| RTX CORP                                | RTX Corp.                                                                     | CUSIP: 913017CX5<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |   3493000 | PA      | $3001106.62   | 0.51%             | 2048-11-16      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| United States Treasury                  | U.S. Treasury Bonds                                                           | CUSIP: 912810TT5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    448000 | PA      | $394327.50    | 0.07%             | 2053-08-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                          | Morgan Stanley                                                                | CUSIP: 61747YFV2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    777000 | PA      | $761166.01    | 0.13%             | 2055-11-19      | Fixed         | 5.52%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY PROGRESS LLC                | Duke Energy Progress LLC                                                      | CUSIP: 26442UAV6<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |   4940000 | PA      | $4829059.51   | 0.83%             | 2055-03-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| BURLINGTN NORTH SANTA FE                | Burlington Northern Santa Fe LLC                                              | CUSIP: 12189LBK6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    590000 | PA      | $550785.79    | 0.09%             | 2054-04-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| PG&E WILDFIRE RECOVERY                  | PG&E Wildfire Recovery Funding LLC                                            | CUSIP: 693342AK3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     57000 | PA      | $52678.29     | 0.01%             | 2052-06-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Texas Instruments Inc                   | Texas Instruments, Inc.                                                       | CUSIP: 882508BD5<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | DBT              | CORP              | US        |   1478000 | PA      | $1206145.74   | 0.21%             | 2048-05-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                         | CVS Health Corp.                                                              | CUSIP: 126650EG1<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    712000 | PA      | $712589.54    | 0.12%             | 2054-12-10      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| HIGH STREET FDG TRUST II                | High Street Funding Trust II                                                  | CUSIP: 42981DAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2107000 | PA      | $1793695.38   | 0.31%             | 2048-02-15      | Fixed         | 4.68%                 | No            |                  2 | On Loan: No      |
| AMERICAN INTERNATIONAL                  | American International Group, Inc.                                            | CUSIP: 026874DX2<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | DBT              | CORP              | US        |    430000 | PA      | $439325.43    | 0.08%             | 2035-05-07      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                      | Energy Transfer LP                                                            | CUSIP: 29278NAR4<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   1630000 | PA      | $1362299.02   | 0.23%             | 2050-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-27

**Name of Applicant:** TRANSAMERICA FUNDS

**Signature:** Joshua Durham

**Name of Signer:** Joshua Durham

**Title:** Chief Operating Officer and Interim Treasurer