# EDGAR Filing Document

**Accession Number:** 0000933691
**File Stem:** 0000933691-25-001131
**Filing Date:** 2025-8
**Character Count:** 104237
**Document Hash:** 2b5b6d29c260f64a12bd7f873f57a7a9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000933691-25-001131.hdr.sgml**: 20250827

**ACCESSION NUMBER**: 0000933691-25-001131

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250827

**DATE AS OF CHANGE**: 20250827

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** JNL SERIES TRUST
- **CENTRAL INDEX KEY:** 0000933691

**ORGANIZATION NAME:**
- **EIN:** 381659835
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08894
- **FILM NUMBER:** 251265997

**BUSINESS ADDRESS:**
- **STREET 1:** 1 CORPORATE WAY
- **CITY:** LANSING
- **STATE:** MI
- **ZIP:** 48951
- **BUSINESS PHONE:** (517) 367-4336

**MAIL ADDRESS:**
- **STREET 1:** 1 CORPORATE WAY
- **CITY:** LANSING
- **STATE:** MI
- **ZIP:** 48951

## Series and Classes Contracts Data

### JNL/FRANKLIN TEMPLETON INCOME FUND (Series ID: S000010705)

| Class ID   | Class Name                             | Ticker Symbol   |
|:---|:---|:---|
| C000029596 | JNL/FRANKLIN TEMPLETON INCOME FUND (A) |  |
| C000067995 | JNL/FRANKLIN TEMPLETON INCOME FUND (I) |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** JNL Series Trust

- **b. Investment Company Act file number:** 811-8894

- **c. CIK number of Registrant:** 0000933691

- **d. LEI of Registrant:** 549300T5WIPN6IWM0D45

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

  - **Street Address 1:** 1 Corporate Way

  - **City:** Lansing

  - **State:** MI

  - **Foreign country:** US

  - **Zip / Postal Code:** 48951

  - **Telephone number:** 517-367-4336

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

- **a. Name of Series:** JNL/Franklin Templeton Income Fund

- **b. EDGAR series identifier (if any):** S000010705

- **c. LEI of Series:** 549300TRUBSNQETF6Q74

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-06-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $1434281600.28

**Total Liabilities:** $29602022.51

**Net Assets:** $1404679577.77

**Cash Not Reported:** $743460.23

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.000000000000 | **1-Year:** -2216.038118217543 | **5-Year:** -37136.759117716357 | **10-Year:** -64731.142027363592 | **30-Year:** -88576.324877960849

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

- **3-Month:** -45771.930636108249 | **1-Year:** -17491.232966647993 | **5-Year:** -49714.657953374386 | **10-Year:** -15122.084632579697 | **30-Year:** -7484.987743505796

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000029596 | -2.18%               | 2.23%                | 2.54%                |
| Class ID C000067995 | -2.11%               | 2.22%                | 2.55%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $503303.17               | $-37130086.82                              |
| Month 2  | $-2831234.53             | $26122385.62                               |
| Month 3  | $5662390.05              | $23606128.89                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Government National Mortgage Association                 | Government National Mortgage Association                 | CUSIP: 3618N5EW5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   6753999 | PA      | $6853426.42   | 0.49%             | 2055-01-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                 | Government National Mortgage Association                 | CUSIP: 3618N5JD2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3228332 | PA      | $3233408.27   | 0.23%             | 2055-03-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                 | Government National Mortgage Association                 | CUSIP: 3618N5JE0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   4832438 | PA      | $4903954.98   | 0.35%             | 2055-03-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                 | Government National Mortgage Association                 | CUSIP: 3618N5MQ9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3292568 | PA      | $3298774.71   | 0.23%             | 2055-05-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                 | Government National Mortgage Association                 | CUSIP: 3618N5MR7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1620626 | PA      | $1645117.07   | 0.12%             | 2055-05-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Kinder Morgan Kansas, Inc.                               | Kinder Morgan Kansas, Inc.                               | CUSIP: 494553AE0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4050971.60   | 0.29%             | 2034-02-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Matador Resources Company                                | Matador Resources Company                                | CUSIP: 576485AH9<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1491354.68   | 0.11%             | 2033-04-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Mauser Packaging Solutions Holding Company               | Mauser Packaging Solutions Holding Company               | CUSIP: 57763RAC1<br>LEI: 549300DNGHXL0OMHW304 | Long             | DBT              | CORP              | US        |   5500000 | PA      | $5458856.48   | 0.39%             | 2027-04-15      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| Mauser Packaging Solutions Holding Company               | Mauser Packaging Solutions Holding Company               | CUSIP: 57763RAD9<br>LEI: 549300DNGHXL0OMHW304 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5085707.35   | 0.36%             | 2027-04-15      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| Merck & Co., Inc.                                        | Merck & Co., Inc.                                        | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |    225000 | NS      | $17811000.00  | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Merrill Lynch SA                                         | Merrill Lynch SA                                         | CUSIP: 59027W211<br>LEI: N/A                  | Long             | SN               | CORP              | US        |     45000 | PA      | $4846905.00   | 0.35%             | 2025-07-14      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| BNP Paribas Issuance B.V.                                | BNP Paribas Issuance B.V.                                | CUSIP: N/A<br>LEI: 7245009UXRIGIRYOBR48       | Long             | SN               | CORP              | US        |     50000 | PA      | $10172000.00  | 0.72%             | 2026-07-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| LyondellBasell Industries N.V.                           | LyondellBasell Industries N.V.                           | CUSIP: N/A<br>LEI: BN6WCCZ8OVP3ITUUVN49       | Long             | EC               | CORP              | US        |     56000 | NS      | $3240160.00   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Merrill Lynch SA                                         | Merrill Lynch SA                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | SN               | CORP              | US        |    150000 | PA      | $5224800.00   | 0.37%             | 2026-06-22      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Calumet Specialty Products Partners, L.P.                | Calumet Specialty Products Partners, L.P.                | CUSIP: 131477AV3<br>LEI: 529900QWK0FGLES9BA18 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2980476.90   | 0.21%             | 2027-01-15      | Fixed         | 8.13%                 | Yes           |                  2 | On Loan: No      |
| Calumet Specialty Products Partners, L.P.                | Calumet Specialty Products Partners, L.P.                | CUSIP: 131477AX9<br>LEI: 529900QWK0FGLES9BA18 | Long             | DBT              | CORP              | US        |   4800000 | PA      | $4920000.00   | 0.35%             | 2029-07-15      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| Calumet Specialty Products Partners, L.P.                | Calumet Specialty Products Partners, L.P.                | CUSIP: 131477AY7<br>LEI: 529900QWK0FGLES9BA18 | Long             | DBT              | CORP              | US        |   3546000 | PA      | $3545265.48   | 0.25%             | 2026-04-15      | Fixed         | 11.00%                | Yes           |                  2 | On Loan: No      |
| The Southern Company                                     | The Southern Company                                     | CUSIP: 842587EC7<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1512180.00   | 0.11%             | 2028-06-15      | Fixed         | 3.25%                 | Yes           |                  2 | On Loan: No      |
| Tenet Healthcare Corporation                             | Tenet Healthcare Corporation                             | CUSIP: 88033GDQ0<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |  20000000 | PA      | $20347174.60  | 1.45%             | 2030-06-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Tenet Healthcare Corporation                             | Tenet Healthcare Corporation                             | CUSIP: 88033GDS6<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $5999055.66   | 0.43%             | 2027-02-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Toronto-Dominion Bank, The                               | Toronto-Dominion Bank, The                               | CUSIP: 89112B103<br>LEI: PT3QB789TSUIDF371261 | Long             | SN               | CORP              | US        |     40000 | PA      | $3841020.00   | 0.27%             | 2026-06-30      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| Toronto-Dominion Bank, The                               | Toronto-Dominion Bank, The                               | CUSIP: 89116B653<br>LEI: PT3QB789TSUIDF371261 | Long             | SN               | CORP              | US        |     88767 | PA      | $8183944.58   | 0.58%             | 2026-01-12      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| TransDigm Inc.                                           | TransDigm Inc.                                           | CUSIP: 893647BR7<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   5300000 | PA      | $5413069.56   | 0.39%             | 2028-08-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| TransDigm Inc.                                           | TransDigm Inc.                                           | CUSIP: 893647BV8<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5178732.35   | 0.37%             | 2032-03-01      | Fixed         | 6.63%                 | Yes           |                  2 | On Loan: No      |
| Truist Financial Corporation                             | Truist Financial Corporation                             | CUSIP: 89788NAA8<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1951250.80   | 0.14%             | 2033-07-28      | Fixed         | 4.92%                 | No            |                  2 | On Loan: No      |
| Truist Financial Corporation                             | Truist Financial Corporation                             | CUSIP: 89832Q109<br>LEI: 549300DRQQI75D2JP341 | Long             | EC               | CORP              | US        |     50000 | NS      | $2149500.00   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| UBS AG                                                   | UBS AG                                                   | CUSIP: 90301T640<br>LEI: BFM8T61CT2L1QCEMIK50 | Long             | SN               | CORP              | US        |    125000 | PA      | $2829800.00   | 0.20%             | 2025-07-29      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| UBS AG                                                   | UBS AG                                                   | CUSIP: 90301T673<br>LEI: BFM8T61CT2L1QCEMIK50 | Long             | SN               | CORP              | US        |     17000 | PA      | $3991736.00   | 0.28%             | 2025-09-17      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| UBS AG                                                   | UBS AG                                                   | CUSIP: 90301T681<br>LEI: BFM8T61CT2L1QCEMIK50 | Long             | SN               | CORP              | US        |     15000 | PA      | $1506720.00   | 0.11%             | 2025-09-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| UBS AG                                                   | UBS AG                                                   | CUSIP: 90301T830<br>LEI: BFM8T61CT2L1QCEMIK50 | Long             | SN               | CORP              | US        |    300000 | PA      | $14066040.00  | 1.00%             | 2026-01-28      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| UBS AG                                                   | UBS AG                                                   | CUSIP: 90304M253<br>LEI: BFM8T61CT2L1QCEMIK50 | Long             | SN               | CORP              | US        |     15433 | PA      | $4626813.40   | 0.33%             | 2026-07-13      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| United Airlines Pass Through Trust 2020-1A               | United Airlines Pass Through Trust 2020-1A               | CUSIP: 90931GAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1788731 | PA      | $1820838.99   | 0.13%             | 2027-10-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| United Airlines Pass Through Certificates, Series 2015-1 | United Airlines Pass Through Certificates, Series 2015-1 | CUSIP: 90932LAH0<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3882820.00   | 0.28%             | 2029-04-15      | Fixed         | 4.63%                 | Yes           |                  2 | On Loan: No      |
| United Airlines Pass Through Certificates, Series 2015-1 | United Airlines Pass Through Certificates, Series 2015-1 | CUSIP: 90932LAJ6<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | ABS-CBDO         | CORP              | US        |   2865942 | PA      | $2907354.90   | 0.21%             | 2036-01-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| United Rentals (North America), Inc.                     | United Rentals (North America), Inc.                     | CUSIP: 911365BG8<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $5978220.84   | 0.43%             | 2028-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| United Rentals (North America), Inc.                     | United Rentals (North America), Inc.                     | CUSIP: 911365BQ6<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4095000.00   | 0.29%             | 2029-12-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Air Products and Chemicals, Inc.                         | Air Products and Chemicals, Inc.                         | CUSIP: 009158106<br>LEI: 7QEON6Y1RL5XR3R1W237 | Long             | EC               | CORP              | US        |     25000 | NS      | $7051500.00   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Albemarle Corporation                                    | Albemarle Corporation                                    | CUSIP: 012653101<br>LEI: HDBLS2Q6GV1LSKQPBS54 | Long             | EC               | CORP              | US        |     25000 | NS      | $1566750.00   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Albemarle Corporation                                    | Albemarle Corporation                                    | CUSIP: 012653200<br>LEI: HDBLS2Q6GV1LSKQPBS54 | Long             | EP               | CORP              | US        |    225000 | NS      | $7222500.00   | 0.51%             | 2027-03-01      | Fixed         | 7.25%                 | No            |                  1 | On Loan: No      |
| Amgen Inc.                                               | Amgen Inc.                                               | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |     20000 | NS      | $5584200.00   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| AstraZeneca PLC                                          | AstraZeneca PLC                                          | CUSIP: 046353108<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | EC               | CORP              | GB        |     60000 | NS      | $4192800.00   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Boeing Company, The                                      | Boeing Company, The                                      | CUSIP: 097023204<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EP               | CORP              | US        |    110000 | NS      | $7480000.00   | 0.53%             | 2027-10-15      | Fixed         | 6.00%                 | No            |                  1 | On Loan: No      |
| Bristol-Myers Squibb Company                             | Bristol-Myers Squibb Company                             | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |     92967 | NS      | $4303442.43   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Caterpillar Inc.                                         | Caterpillar Inc.                                         | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |      5000 | NS      | $1941050.00   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corporation                                      | Chevron Corporation                                      | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    185000 | NS      | $26490150.00  | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc.                                           | Citigroup Inc.                                           | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |     25000 | NS      | $2128000.00   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Company, The                                   | Coca-Cola Company, The                                   | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |    150000 | NS      | $10612500.00  | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Barclays Bank PLC                                        | Barclays Bank PLC                                        | CUSIP: 06748N236<br>LEI: G5GSEF7VJP5I7OUK5573 | Long             | SN               | CORP              | US        |     37000 | PA      | $4535053.00   | 0.32%             | 2025-09-03      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| Barclays Bank PLC                                        | Barclays Bank PLC                                        | CUSIP: 06748N244<br>LEI: G5GSEF7VJP5I7OUK5573 | Long             | SN               | CORP              | US        |     65945 | PA      | $4710715.13   | 0.34%             | 2025-10-14      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Barclays Bank PLC                                        | Barclays Bank PLC                                        | CUSIP: 06748N251<br>LEI: G5GSEF7VJP5I7OUK5573 | Long             | SN               | CORP              | US        |     45000 | PA      | $5740470.00   | 0.41%             | 2025-10-16      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Barclays Bank PLC                                        | Barclays Bank PLC                                        | CUSIP: 06748N327<br>LEI: 213800LBQA1Y9L22JB70 | Long             | SN               | CORP              | US        |     30500 | PA      | $3131557.00   | 0.22%             | 2025-12-29      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Barclays Bank PLC                                        | Barclays Bank PLC                                        | CUSIP: 06748N491<br>LEI: G5GSEF7VJP5I7OUK5573 | Long             | SN               | CORP              | US        |     25000 | PA      | $5315650.00   | 0.38%             | 2026-03-25      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Beach Acquisition Bidco, LLC                             | Beach Acquisition Bidco, LLC                             | CUSIP: 07337JAC1<br>LEI: 254900F2FNX3GBTB6202 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4160402.16   | 0.30%             | 2033-07-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| Boeing Company, The                                      | Boeing Company, The                                      | CUSIP: 097023CP8<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |   4500000 | PA      | $3790791.45   | 0.27%             | 2035-02-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Boeing Company, The                                      | Boeing Company, The                                      | CUSIP: 097023CY9<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3055640.10   | 0.22%             | 2030-05-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| CCO Holdings, LLC                                        | CCO Holdings, LLC                                        | CUSIP: 1248EPBT9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1993167.90   | 0.14%             | 2027-05-01      | Fixed         | 5.13%                 | Yes           |                  2 | On Loan: No      |
| CCO Holdings, LLC                                        | CCO Holdings, LLC                                        | CUSIP: 1248EPBX0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4954338.20   | 0.35%             | 2028-02-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| CCO Holdings, LLC                                        | CCO Holdings, LLC                                        | CUSIP: 1248EPCS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5101501.10   | 0.36%             | 2029-09-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Community Health Systems, Inc.                           | Community Health Systems, Inc.                           | CUSIP: 12543DBJ8<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |  12847000 | PA      | $10242185.57  | 0.73%             | 2029-04-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: —       |
| Clydesdale Acquisition Holdings, Inc.                    | Clydesdale Acquisition Holdings, Inc.                    | CUSIP: 18972EAD7<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2049748.48   | 0.15%             | 2032-04-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Comcast Corporation                                      | Comcast Corporation                                      | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |    175000 | NS      | $6245750.00   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Community Health Systems, Inc.                           | Community Health Systems, Inc.                           | CUSIP: 12543DBL3<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |   8000000 | PA      | $5909333.68   | 0.42%             | 2030-04-01      | Fixed         | 6.13%                 | Yes           |                  2 | On Loan: No      |
| Community Health Systems, Inc.                           | Community Health Systems, Inc.                           | CUSIP: 12543DBN9<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |  24250000 | PA      | $25671017.99  | 1.83%             | 2032-01-15      | Fixed         | 10.88%                | Yes           |                  2 | On Loan: No      |
| CommScope, LLC.                                          | CommScope, LLC.                                          | CUSIP: 203372AV9<br>LEI: 549300Z6K4JXMFE8QY54 | Long             | DBT              | CORP              | US        |   9775000 | PA      | $9598916.47   | 0.68%             | 2028-07-01      | Fixed         | 7.13%                 | Yes           |                  2 | On Loan: No      |
| CommScope, LLC.                                          | CommScope, LLC.                                          | CUSIP: 20338MAA0<br>LEI: 549300Z6K4JXMFE8QY54 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $6279112.02   | 0.45%             | 2031-12-15      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: —       |
| CVS Health Corporation                                   | CVS Health Corporation                                   | CUSIP: 126650DU1<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3523286.20   | 0.25%             | 2033-02-21      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Caesars Entertainment, Inc.                              | Caesars Entertainment, Inc.                              | CUSIP: 12769GAB6<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5180485.70   | 0.37%             | 2030-02-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Commscope Finance LLC                                    | Commscope Finance LLC                                    | CUSIP: 20338QAA1<br>LEI: 254900AW4CEPCQWSRI58 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1991894.50   | 0.14%             | 2027-03-01      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| ConocoPhillips                                           | ConocoPhillips                                           | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |     75000 | NS      | $6730500.00   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Davita Inc.                                              | Davita Inc.                                              | CUSIP: 23918KAS7<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |   9000000 | PA      | $8624844.72   | 0.61%             | 2030-06-01      | Fixed         | 4.63%                 | Yes           |                  2 | On Loan: No      |
| Dominion Energy, Inc.                                    | Dominion Energy, Inc.                                    | CUSIP: 25746U109<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | EC               | CORP              | US        |    150000 | NS      | $8478028.26   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Fifth Third Bancorp                                      | Fifth Third Bancorp                                      | CUSIP: 316773100<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | EC               | CORP              | US        |     75000 | NS      | $3084750.00   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot, Inc. , The                                   | Home Depot, Inc. , The                                   | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |     35000 | NS      | $12832400.00  | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Honeywell International Inc.                             | Honeywell International Inc.                             | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |     22995 | NS      | $5355075.60   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                                        | Johnson & Johnson                                        | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |    160000 | NS      | $24440000.00  | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Caesars Entertainment, Inc.                              | Caesars Entertainment, Inc.                              | CUSIP: 12769GAC4<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2563197.95   | 0.18%             | 2032-02-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Caesars Entertainment, Inc.                              | Caesars Entertainment, Inc.                              | CUSIP: 12769GAD2<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3430374.92   | 0.24%             | 2032-10-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: —       |
| R. R. Donnelley & Sons Company                           | R. R. Donnelley & Sons Company                           | CUSIP: 257867BJ9<br>LEI: SU4X0P4WWRGOQDTSV032 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1000012.73   | 0.07%             | 2029-08-01      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| Dornoch Debt Merger Subordinated Incorporated            | Dornoch Debt Merger Subordinated Incorporated            | CUSIP: 25830JAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6215000 | PA      | $4811491.04   | 0.34%             | 2029-10-15      | Fixed         | 6.63%                 | Yes           |                  2 | On Loan: —       |
| Endo, Inc.                                               | Endo, Inc.                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    104803 | NS      | $2194365.21   | 0.16%             |  |  |  | No            |                  3 | On Loan: No      |
| Duke Energy Corporation                                  | Duke Energy Corporation                                  | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |     70000 | NS      | $8260000.00   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Calpine Corporation                                      | Calpine Corporation                                      | CUSIP: 131347CN4<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |   7000000 | PA      | $6993473.97   | 0.50%             | 2028-03-15      | Fixed         | 5.13%                 | Yes           |                  2 | On Loan: No      |
| Endo Finance Holdings, Inc.                              | Endo Finance Holdings, Inc.                              | CUSIP: 29281RAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3181165.95   | 0.23%             | 2031-04-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: —       |
| Endo, Inc.                                               | Endo, Inc.                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |   2500000 | NS      | $2.50         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Exxon Mobil Corporation                                  | Exxon Mobil Corporation                                  | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |    220000 | NS      | $23716000.00  | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| FMG Resources (August 2006) Pty Ltd                      | FMG Resources (August 2006) Pty Ltd                      | CUSIP: 30251GBC0<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2794990.59   | 0.20%             | 2031-04-01      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| FMG Resources (August 2006) Pty Ltd                      | FMG Resources (August 2006) Pty Ltd                      | CUSIP: 30251GBD8<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3032052.87   | 0.22%             | 2030-04-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| EMRLD Borrower LP                                        | EMRLD Borrower LP                                        | CUSIP: 29103CAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3581557.67   | 0.25%             | 2030-12-15      | Fixed         | 6.63%                 | Yes           |                  2 | On Loan: No      |
| Mizuho Markets Cayman LP                                 | Mizuho Markets Cayman LP                                 | CUSIP: 6068FR667<br>LEI: 549300KHUXLS6Q30KT26 | Long             | SN               | CORP              | US        |    200000 | PA      | $3864860.00   | 0.28%             | 2025-09-30      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                   | Federal Home Loan Mortgage Corporation                   | CUSIP: 3132DWG80<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   7139436 | PA      | $7016682.33   | 0.50%             | 2053-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                   | Federal Home Loan Mortgage Corporation                   | CUSIP: 3132DWHT3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   3451190 | PA      | $3456559.54   | 0.25%             | 2053-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                   | Federal Home Loan Mortgage Corporation                   | CUSIP: 3132DWJR5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   3429497 | PA      | $3434832.50   | 0.24%             | 2053-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                   | Federal Home Loan Mortgage Corporation                   | CUSIP: 3132DWMX8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |  12234629 | PA      | $11992728.76  | 0.85%             | 2054-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                   | Federal Home Loan Mortgage Corporation                   | CUSIP: 3132DWMY6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   7583167 | PA      | $7583117.15   | 0.54%             | 2054-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                   | Federal Home Loan Mortgage Corporation                   | CUSIP: 3132DWNK5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   2431897 | PA      | $2431881.09   | 0.17%             | 2055-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Mizuho Markets Cayman LP                                 | Mizuho Markets Cayman LP                                 | CUSIP: 6068FR816<br>LEI: 549300KHUXLS6Q30KT26 | Long             | SN               | CORP              | US        |    275000 | PA      | $6323872.50   | 0.45%             | 2025-12-08      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| Mizuho Markets Cayman LP                                 | Mizuho Markets Cayman LP                                 | CUSIP: 60701E345<br>LEI: 549300KHUXLS6Q30KT26 | Long             | SN               | CORP              | US        |     45000 | PA      | $9836235.00   | 0.70%             | 2026-05-18      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                   | Federal Home Loan Mortgage Corporation                   | CUSIP: 3132DWNM1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   3806339 | PA      | $3869081.20   | 0.28%             | 2055-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                   | Federal Home Loan Mortgage Corporation                   | CUSIP: 3132DWNX7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   3909230 | PA      | $3909204.40   | 0.28%             | 2055-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Mizuho Markets Cayman LP                                 | Mizuho Markets Cayman LP                                 | CUSIP: 60701E352<br>LEI: 549300KHUXLS6Q30KT26 | Long             | SN               | CORP              | US        |     17600 | PA      | $4878614.40   | 0.35%             | 2026-06-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Morgan Stanley                                           | Morgan Stanley                                           | CUSIP: 61747YEY7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2173237.20   | 0.15%             | 2033-10-18      | Fixed         | 6.34%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                           | Morgan Stanley                                           | CUSIP: 61747YFE0<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4069244.00   | 0.29%             | 2034-04-21      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                           | Morgan Stanley                                           | CUSIP: 61747YFJ9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2758087.25   | 0.20%             | 2034-11-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation                   | Federal Home Loan Mortgage Corporation                   | CUSIP: 3132DWNY5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   2258033 | PA      | $2295252.81   | 0.16%             | 2055-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| General Motors Company                                   | General Motors Company                                   | CUSIP: 37045VAZ3<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2540739.50   | 0.18%             | 2032-10-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Company, Inc.                   | General Motors Financial Company, Inc.                   | CUSIP: 37045XED4<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3680888.05   | 0.26%             | 2033-01-09      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc., The                           | Goldman Sachs Group, Inc., The                           | CUSIP: 38141GA53<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |  11500000 | PA      | $12729009.60  | 0.91%             | 2034-10-24      | Fixed         | 6.56%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Bank USA                                   | Goldman Sachs Bank USA                                   | CUSIP: 38151L209<br>LEI: KD3XUN7C6T14HNAYLU02 | Long             | SN               | CORP              | US        |     50000 | PA      | $3677945.00   | 0.26%             | 2026-03-31      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| HCA Inc.                                                 | HCA Inc.                                                 | CUSIP: 404119CQ0<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   8500000 | PA      | $8708933.40   | 0.62%             | 2033-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| HP, Inc.                                                 | HP, Inc.                                                 | CUSIP: 40434LAN5<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5097867.00   | 0.36%             | 2033-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Herc Holdings Inc.                                       | Herc Holdings Inc.                                       | CUSIP: 42704LAF1<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1308746.03   | 0.09%             | 2030-06-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Hilcorp Energy I, L.P.                                   | Hilcorp Energy I, L.P.                                   | CUSIP: 431318BG8<br>LEI: 549300ITPIHLG0LHEC09 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1958843.18   | 0.14%             | 2035-02-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| JBS USA Food Company                                     | JBS USA Food Company                                     | CUSIP: 46590XAY2<br>LEI: 549300O7SUM086E3RD66 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4115280.40   | 0.29%             | 2033-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                     | JPMorgan Chase & Co.                                     | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     25000 | NS      | $7247750.00   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| JNL Government Money Market Fund                         | JNL Government Money Market Fund                         | CUSIP: 46628D437<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  22947078 | NS      | $22947078.13  | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase Bank, National Association                | JPMorgan Chase Bank, National Association                | CUSIP: 4662AA448<br>LEI: 7H6GLXDRUGQFU57RNE97 | Long             | SN               | CORP              | US        |    125000 | PA      | $5356125.00   | 0.38%             | 2026-03-02      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| JPMorgan Chase Bank, National Association                | JPMorgan Chase Bank, National Association                | CUSIP: 4662AA463<br>LEI: 7H6GLXDRUGQFU57RNE97 | Long             | SN               | CORP              | US        |     11900 | PA      | $4355209.60   | 0.31%             | 2025-10-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Mozart Debt Merger Sub Inc.                              | Mozart Debt Merger Sub Inc.                              | CUSIP: 62482BAA0<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3840556.12   | 0.27%             | 2029-04-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: —       |
| NCL Corporation Ltd.                                     | NCL Corporation Ltd.                                     | CUSIP: 62886HBR1<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1021545.37   | 0.07%             | 2032-02-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| NRG Energy, Inc.                                         | NRG Energy, Inc.                                         | CUSIP: 629377CY6<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |   9000000 | PA      | $9011433.42   | 0.64%             | 2029-07-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Newell Brands Inc.                                       | Newell Brands Inc.                                       | CUSIP: 651229BG0<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1579593.95   | 0.11%             | 2028-06-01      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| JPMorgan Chase Bank, National Association                | JPMorgan Chase Bank, National Association                | CUSIP: 4662AA497<br>LEI: 7H6GLXDRUGQFU57RNE97 | Long             | SN               | CORP              | US        |     74900 | PA      | $4896917.06   | 0.35%             | 2025-11-25      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| JPMorgan Chase Bank, National Association                | JPMorgan Chase Bank, National Association                | CUSIP: 4662AA521<br>LEI: 7H6GLXDRUGQFU57RNE97 | Long             | SN               | CORP              | US        |     23000 | PA      | $4373473.00   | 0.31%             | 2026-01-22      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| NextEra Energy, Inc.                                     | NextEra Energy, Inc.                                     | CUSIP: 65339F101<br>LEI: TWQ1WATU9P8ZBX9T3I54 | Long             | EC               | CORP              | US        |    211318 | NS      | $14669695.56  | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy, Inc.                                     | NextEra Energy, Inc.                                     | CUSIP: 65339F119<br>LEI: TWQ1WATU9P8ZBX9T3I54 | Long             | EP               | CORP              | US        |    150000 | NS      | $6637500.00   | 0.47%             | 2027-11-01      | Fixed         | 7.23%                 | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co.                                     | JPMorgan Chase & Co.                                     | CUSIP: 46647PDY9<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1629076.05   | 0.12%             | 2034-10-23      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| JetBlue Airways Corporation                              | JetBlue Airways Corporation                              | CUSIP: 476920AA1<br>LEI: 54930070J9H97ZO93T57 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3407168.52   | 0.24%             | 2031-09-20      | Fixed         | 9.88%                 | Yes           |                  2 | On Loan: No      |
| Occidental Petroleum Corporation                         | Occidental Petroleum Corporation                         | CUSIP: 674599ED3<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2115361.00   | 0.15%             | 2030-09-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Occidental Petroleum Corporation                         | Occidental Petroleum Corporation                         | CUSIP: 674599EL5<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1962975.80   | 0.14%             | 2034-10-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                     | JPMorgan Chase & Co.                                     | CUSIP: 48128AAJ2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2064120.60   | 0.15%             | 2500-12-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                     | JPMorgan Chase & Co.                                     | CUSIP: 48128BAQ4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3167343.00   | 0.23%             | 2500-12-31      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| KeyBank National Association                             | KeyBank National Association                             | CUSIP: 49327V2C7<br>LEI: HUX2X73FUCYHUVH1BK78 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1447091.85   | 0.10%             | 2032-08-08      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Merrill Lynch SA                                         | Merrill Lynch SA                                         | CUSIP: 59027W237<br>LEI: N/A                  | Long             | SN               | CORP              | US        |     12500 | PA      | $5785437.50   | 0.41%             | 2025-10-06      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Opal Bidco SAS                                           | Opal Bidco SAS                                           | CUSIP: 68348BAA1<br>LEI: 969500R96XT7XY2UJ564 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2038569.84   | 0.15%             | 2032-03-31      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Oracle Corporation                                       | Oracle Corporation                                       | CUSIP: 68389XCJ2<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2163525.80   | 0.15%             | 2032-11-09      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Merrill Lynch SA                                         | Merrill Lynch SA                                         | CUSIP: 59027W260<br>LEI: N/A                  | Long             | SN               | CORP              | US        |    120476 | PA      | $2538802.80   | 0.18%             | 2025-11-13      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Merrill Lynch SA                                         | Merrill Lynch SA                                         | CUSIP: 59027W328<br>LEI: N/A                  | Long             | SN               | CORP              | US        |     15000 | PA      | $6640770.00   | 0.47%             | 2026-03-09      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Micron Technology, Inc.                                  | Micron Technology, Inc.                                  | CUSIP: 595112BZ5<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1042695.50   | 0.07%             | 2033-02-09      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Mizuho Markets Cayman LP                                 | Mizuho Markets Cayman LP                                 | CUSIP: 6068FR543<br>LEI: 549300KHUXLS6Q30KT26 | Long             | SN               | CORP              | US        |    150000 | PA      | $2931960.00   | 0.21%             | 2025-07-08      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| The PNC Financial Services Group, Inc.                   | The PNC Financial Services Group, Inc.                   | CUSIP: 693475BJ3<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4252490.80   | 0.30%             | 2033-10-28      | Fixed         | 6.04%                 | No            |                  2 | On Loan: No      |
| Pacific Gas And Electric Company                         | Pacific Gas And Electric Company                         | CUSIP: 694308JM0<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2439711.00   | 0.17%             | 2030-07-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| JH North America Holdings Inc.                           | JH North America Holdings Inc.                           | CUSIP: 76954LAD1<br>LEI: 254900A6FXA0D81TL967 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1473398.22   | 0.10%             | 2031-01-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| Royal Bank of Canada                                     | Royal Bank of Canada                                     | CUSIP: 779942424<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | SN               | CORP              | US        |     85000 | PA      | $4660116.50   | 0.33%             | 2025-09-17      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Shell PLC                                                | Shell PLC                                                | CUSIP: 780259305<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | GB        |    150000 | NS      | $10561500.00  | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Scih Salt Holdings Inc.                                  | Scih Salt Holdings Inc.                                  | CUSIP: 78433BAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   8000000 | PA      | $7780119.44   | 0.55%             | 2028-05-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| Schlumberger Limited                                     | Schlumberger Limited                                     | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | US        |    125000 | NS      | $4225000.00   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles Schwab Corporation, The                          | Charles Schwab Corporation, The                          | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |     50000 | NS      | $4562000.00   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| 7-Eleven, Inc.                                           | 7-Eleven, Inc.                                           | CUSIP: 817826AE0<br>LEI: 549300K23JPL0SS3LB18 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1694627.20   | 0.12%             | 2031-02-10      | Fixed         | 1.80%                 | Yes           |                  2 | On Loan: No      |
| SkyMiles IP Ltd.                                         | SkyMiles IP Ltd.                                         | CUSIP: 830867AB3<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | DBT              | CORP              | US        |   5500000 | PA      | $5512906.85   | 0.39%             | 2028-10-20      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Wynn Las Vegas, LLC                                      | Wynn Las Vegas, LLC                                      | CUSIP: 983130AX3<br>LEI: 2549002X45DR4UI7NA62 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2001297.88   | 0.14%             | 2027-05-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Wynn Resorts Finance, LLC                                | Wynn Resorts Finance, LLC                                | CUSIP: 983133AD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5032976.00   | 0.36%             | 2033-03-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: —       |
| XCEL Energy Inc.                                         | XCEL Energy Inc.                                         | CUSIP: 98389B100<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | EC               | CORP              | US        |     63000 | NS      | $4290300.00   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Merrill Lynch SA                                         | Merrill Lynch SA                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | SN               | CORP              | US        |     10000 | PA      | $3082370.00   | 0.22%             | 2026-07-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Endo, Inc.                                               | Endo, Inc.                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |   4724000 | NS      | $4.72         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Pilgrim's Pride Corporation                              | Pilgrim's Pride Corporation                              | CUSIP: 72147KAK4<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | DBT              | CORP              | US        |   4500000 | PA      | $4758075.00   | 0.34%             | 2033-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: —       |
| Quikrete Holdings, Inc.                                  | Quikrete Holdings, Inc.                                  | CUSIP: 74843PAA8<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3086784.96   | 0.22%             | 2032-03-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Rain Carbon Inc.                                         | Rain Carbon Inc.                                         | CUSIP: 75079LAB7<br>LEI: 25490038N6JQH7QXUK52 | Long             | DBT              | CORP              | US        |   4500000 | PA      | $4827111.48   | 0.34%             | 2029-09-01      | Fixed         | 12.25%                | Yes           |                  2 | On Loan: No      |
| U.S. Bancorp                                             | U.S. Bancorp                                             | CUSIP: 91159HJJ0<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |   4500000 | PA      | $4732461.90   | 0.34%             | 2033-10-21      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Treasury, United States Department of                    | Treasury, United States Department of                    | CUSIP: 912803HF3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  75000000 | PA      | $18351562.50  | 1.31%             | 2054-11-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Treasury, United States Department of                    | Treasury, United States Department of                    | CUSIP: 912810TR9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  14000000 | PA      | $11419297.40  | 0.81%             | 2053-05-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Treasury, United States Department of                    | Treasury, United States Department of                    | CUSIP: 912810UE6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5000000 | PA      | $4766406.00   | 0.34%             | 2054-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Treasury, United States Department of                    | Treasury, United States Department of                    | CUSIP: 91282CEP2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5000000 | PA      | $4665625.00   | 0.33%             | 2032-05-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Treasury, United States Department of                    | Treasury, United States Department of                    | CUSIP: 91282CNF4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7500000 | PA      | $7564160.25   | 0.54%             | 2032-05-31      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Treasury, United States Department of                    | Treasury, United States Department of                    | CUSIP: 91282CNG2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7500000 | PA      | $7573242.00   | 0.54%             | 2030-05-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Univision Communications Inc.                            | Univision Communications Inc.                            | CUSIP: 914906AU6<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1995153.08   | 0.14%             | 2027-06-01      | Fixed         | 6.63%                 | Yes           |                  2 | On Loan: No      |
| Venture Global Plaquemines LNG, LLC                      | Venture Global Plaquemines LNG, LLC                      | CUSIP: 922966AB2<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |   4500000 | PA      | $4875184.89   | 0.35%             | 2035-05-01      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| Venture Global LNG, Inc.                                 | Venture Global LNG, Inc.                                 | CUSIP: 92332YAA9<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |   4500000 | PA      | $4647517.47   | 0.33%             | 2028-06-01      | Fixed         | 8.13%                 | Yes           |                  2 | On Loan: No      |
| Venture Global LNG, Inc.                                 | Venture Global LNG, Inc.                                 | CUSIP: 92332YAF8<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |   7500000 | PA      | $7309864.73   | 0.52%             | 2500-12-31      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| Verizon Communications Inc.                              | Verizon Communications Inc.                              | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |    120000 | NS      | $5192400.00   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Vistra Corp.                                             | Vistra Corp.                                             | CUSIP: 92840MAB8<br>LEI: 549300KP43CPCUJOOG15 | Long             | DBT              | CORP              | US        |   8000000 | PA      | $8189153.52   | 0.58%             | 2500-12-31      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Vistra Operations Company LLC                            | Vistra Operations Company LLC                            | CUSIP: 92840VAP7<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2656254.48   | 0.19%             | 2031-10-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| Weatherford International Ltd                            | Weatherford International Ltd                            | CUSIP: 947075AU1<br>LEI: 549300A2JKMG5PGOGF82 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $6181318.38   | 0.44%             | 2030-04-30      | Fixed         | 8.63%                 | Yes           |                  2 | On Loan: No      |
| Wells Fargo & Company                                    | Wells Fargo & Company                                    | CUSIP: 95000U3F8<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   8000000 | PA      | $8259862.40   | 0.59%             | 2034-07-25      | Fixed         | 5.56%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Bank, National Association                   | Wells Fargo Bank, National Association                   | CUSIP: 95003R685<br>LEI: KB1H1DSPRFMYMCUFXT09 | Long             | SN               | CORP              | US        |     30000 | PA      | $4848780.00   | 0.35%             | 2025-10-22      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Wells Fargo Bank, National Association                   | Wells Fargo Bank, National Association                   | CUSIP: 95003R867<br>LEI: KB1H1DSPRFMYMCUFXT09 | Long             | SN               | CORP              | US        |      8500 | PA      | $2657202.00   | 0.19%             | 2025-07-14      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Wells Fargo Bank, National Association                   | Wells Fargo Bank, National Association                   | CUSIP: 95003X203<br>LEI: KB1H1DSPRFMYMCUFXT09 | Long             | SN               | CORP              | US        |    100000 | PA      | $3505350.00   | 0.25%             | 2025-11-26      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Wells Fargo Bank, National Association                   | Wells Fargo Bank, National Association                   | CUSIP: 95003X377<br>LEI: KB1H1DSPRFMYMCUFXT09 | Long             | SN               | CORP              | US        |     17000 | PA      | $4501583.00   | 0.32%             | 2026-06-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Bank, National Association                   | Wells Fargo Bank, National Association                   | CUSIP: 95003X765<br>LEI: KB1H1DSPRFMYMCUFXT09 | Long             | SN               | CORP              | US        |     80000 | PA      | $5463408.00   | 0.39%             | 2026-04-09      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| Wells Fargo Bank, National Association                   | Wells Fargo Bank, National Association                   | CUSIP: 95003X880<br>LEI: KB1H1DSPRFMYMCUFXT09 | Long             | SN               | CORP              | US        |     70000 | PA      | $5912326.00   | 0.42%             | 2026-02-25      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Williams Companies, Inc., The                            | Williams Companies, Inc., The                            | CUSIP: 969457CJ7<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |   4400000 | PA      | $4574273.00   | 0.33%             | 2033-03-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Johnson Controls International Public Limited Company    | Johnson Controls International Public Limited Company    | CUSIP: N/A<br>LEI: 549300XQ6S1GYKGBL205       | Long             | EC               | CORP              | IE        |     50000 | NS      | $5281000.00   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic, Inc.                                          | Medtronic, Inc.                                          | CUSIP: N/A<br>LEI: D56MRZY2INAN94ZONZ37       | Long             | EC               | CORP              | IE        |     50000 | NS      | $4358500.00   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| UBS AG                                                   | UBS AG                                                   | CUSIP: N/A<br>LEI: BFM8T61CT2L1QCEMIK50       | Long             | SN               | CORP              | US        |     60000 | PA      | $4096320.00   | 0.29%             | 2026-05-14      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| Twitter, Inc.                                            | Twitter, Inc.                                            | CUSIP: 90184NAG3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3491071 | PA      | $3407076.25   | 0.24%             | 2029-10-27      | Floating      | 10.95%                | No            |                  2 | On Loan: No      |
| MPH Acquisition Holdings LLC                             | MPH Acquisition Holdings LLC                             | CUSIP: 55328HAP6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    895668 | PA      | $879993.81    | 0.06%             | 2030-12-31      | Floating      | 8.03%                 | No            |                  2 | On Loan: No      |
| Clydesdale Acquisition Holdings Inc                      | Clydesdale Acquisition Holdings Inc                      | CUSIP: 18972FAE2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1474227 | PA      | $1467681.23   | 0.10%             | 2032-03-27      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Clydesdale Acquisition Holdings Inc                      | Clydesdale Acquisition Holdings Inc                      | CUSIP: 18972FAF9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     25773 | PA      | $25658.77     | 0.00%             | 2032-03-27      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Opal Bidco SAS                                           | Opal Bidco SAS                                           | CUSIP: F7000QAB7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2000000 | PA      | $2006880.00   | 0.14%             | 2032-03-01      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| BNP Paribas Issuance B.V.                                | BNP Paribas Issuance B.V.                                | CUSIP: N/A<br>LEI: 7245009UXRIGIRYOBR48       | Long             | SN               | CORP              | US        |    175000 | PA      | $7647500.00   | 0.54%             | 2025-08-12      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| BNP Paribas Issuance B.V.                                | BNP Paribas Issuance B.V.                                | CUSIP: N/A<br>LEI: 7245009UXRIGIRYOBR48       | Long             | SN               | CORP              | US        |     65000 | PA      | $3044535.00   | 0.22%             | 2025-10-20      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| BNP Paribas Issuance B.V.                                | BNP Paribas Issuance B.V.                                | CUSIP: N/A<br>LEI: 7245009UXRIGIRYOBR48       | Long             | SN               | CORP              | US        |     28000 | PA      | $5050780.00   | 0.36%             | 2025-12-10      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| BNP Paribas Issuance B.V.                                | BNP Paribas Issuance B.V.                                | CUSIP: N/A<br>LEI: 7245009UXRIGIRYOBR48       | Long             | SN               | CORP              | US        |     30000 | PA      | $3842730.00   | 0.27%             | 2026-03-02      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.              | Federal National Mortgage Association, Inc.              | CUSIP: 3140QBMZ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    497952 | PA      | $471071.87    | 0.03%             | 2049-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.              | Federal National Mortgage Association, Inc.              | CUSIP: 3140XPBW8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   7133490 | PA      | $7008610.01   | 0.50%             | 2053-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.              | Federal National Mortgage Association, Inc.              | CUSIP: 31418ER77<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   7093503 | PA      | $6971538.99   | 0.50%             | 2053-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association, Inc.              | Federal National Mortgage Association, Inc.              | CUSIP: 31418FED5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   3301999 | PA      | $3301977.55   | 0.24%             | 2054-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fertitta Entertainment LLC                               | Fertitta Entertainment LLC                               | CUSIP: 31556TAA7<br>LEI: 984500A0805D8V551D35 | Long             | DBT              | CORP              | US        |   1600000 | PA      | $1533896.45   | 0.11%             | 2029-01-15      | Fixed         | 4.63%                 | Yes           |                  2 | On Loan: —       |
| Government National Mortgage Association                 | Government National Mortgage Association                 | CUSIP: 3618N5PJ2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2270000 | PA      | $2273569.58   | 0.16%             | 2055-06-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                 | Government National Mortgage Association                 | CUSIP: 3618N5PK9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2250000 | PA      | $2284001.78   | 0.16%             | 2055-06-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| General Motors Company                                   | General Motors Company                                   | CUSIP: 37045VAP5<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $5583136.80   | 0.40%             | 2038-04-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Fertitta Entertainment LLC                               | Fertitta Entertainment LLC                               | CUSIP: 31556TAC3<br>LEI: 984500A0805D8V551D35 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2770631.55   | 0.20%             | 2030-01-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Ford Motor Company                                       | Ford Motor Company                                       | CUSIP: 345370DA5<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $2952460.00   | 0.21%             | 2032-02-12      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Company LLC                            | Ford Motor Credit Company LLC                            | CUSIP: 345397C27<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3976119.60   | 0.28%             | 2027-05-28      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Company LLC                            | Ford Motor Credit Company LLC                            | CUSIP: 345397C68<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3167423.10   | 0.23%             | 2030-03-06      | Fixed         | 7.35%                 | No            |                  2 | On Loan: No      |
| Lockheed Martin Corporation                              | Lockheed Martin Corporation                              | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |     30000 | NS      | $13894200.00  | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| McDonald's Corporation                                   | McDonald's Corporation                                   | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |     15000 | NS      | $4382550.00   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Microchip Technology Incorporated                        | Microchip Technology Incorporated                        | CUSIP: 595017104<br>LEI: 5493007PTFULNYZJ1R12 | Long             | EC               | CORP              | US        |     70028 | NS      | $4927870.36   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                                           | Morgan Stanley                                           | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |     50000 | NS      | $7043000.00   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Nestle S.A.                                              | Nestle S.A.                                              | CUSIP: 641069406<br>LEI: KY37LUS27QQX7BB93L28 | Long             | EC               | CORP              | CH        |     80000 | NS      | $7945600.00   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| PepsiCo, Inc.                                            | PepsiCo, Inc.                                            | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |    150000 | NS      | $19806000.00  | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Pfizer Inc.                                              | Pfizer Inc.                                              | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |    469897 | NS      | $11390303.28  | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International Inc.                         | Philip Morris International Inc.                         | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |     60000 | NS      | $10927800.00  | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Procter & Gamble Company, The                            | Procter & Gamble Company, The                            | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |    115000 | NS      | $18321800.00  | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| American Airlines, Inc.                                  | American Airlines, Inc.                                  | CUSIP: 00253XAA9<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | DBT              | CORP              | US        |   3333333 | PA      | $3332581.83   | 0.24%             | 2026-04-20      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| American Airlines, Inc.                                  | American Airlines, Inc.                                  | CUSIP: 00253XAB7<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4009335.32   | 0.29%             | 2029-04-20      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| AbbVie Inc.                                              | AbbVie Inc.                                              | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |     65000 | NS      | $12065300.00  | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| AerCap Ireland Capital Designated Activity Company       | AerCap Ireland Capital Designated Activity Company       | CUSIP: 00774MBH7<br>LEI: 549300TI38531ODB1G63 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4028048.80   | 0.29%             | 2034-01-19      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Alcoa Nederland Holding B.V.                             | Alcoa Nederland Holding B.V.                             | CUSIP: 013822AG6<br>LEI: 5493000UL1QLQLT1VQ42 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4755800.20   | 0.34%             | 2029-03-31      | Fixed         | 4.13%                 | Yes           |                  2 | On Loan: No      |
| American Airlines, Inc.                                  | American Airlines, Inc.                                  | CUSIP: 023771T40<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2619549.90   | 0.19%             | 2029-05-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: —       |
| ArcelorMittal                                            | ArcelorMittal                                            | CUSIP: 03938LBF0<br>LEI: 2EULGUTUI56JI9SAL165 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $6597445.20   | 0.47%             | 2032-11-29      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| Ardagh Packaging Finance Public Limited Company          | Ardagh Packaging Finance Public Limited Company          | CUSIP: 03969AAN0<br>LEI: 6354001JXMLKNZDZR978 | Long             | DBT              | CORP              | US        |   4278000 | PA      | $4016768.68   | 0.29%             | 2026-08-15      | Fixed         | 4.13%                 | Yes           |                  2 | On Loan: No      |
| Ardagh Packaging Finance Public Limited Company          | Ardagh Packaging Finance Public Limited Company          | CUSIP: 03969AAP5<br>LEI: 6354001JXMLKNZDZR978 | Long             | DBT              | CORP              | US        |  11196000 | PA      | $4926252.09   | 0.35%             | 2027-08-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Ardagh Packaging Finance Public Limited Company          | Ardagh Packaging Finance Public Limited Company          | CUSIP: 03969AAR1<br>LEI: 6354001JXMLKNZDZR978 | Long             | DBT              | CORP              | US        |   7300000 | PA      | $3254569.88   | 0.23%             | 2027-08-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Ares Management Corporation                              | Ares Management Corporation                              | CUSIP: 03990B309<br>LEI: 529900JUV61FH7B8VW38 | Long             | EP               | CORP              | US        |     25000 | NS      | $1325000.00   | 0.09%             | 2027-10-01      | Fixed         | 6.75%                 | No            |                  1 | On Loan: No      |
| B.A.T Capital Corporation                                | B.A.T Capital Corporation                                | CUSIP: 054989AB4<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |   2850000 | PA      | $3104385.02   | 0.22%             | 2033-08-02      | Fixed         | 6.42%                 | No            |                  2 | On Loan: No      |
| Barclays PLC                                             | Barclays PLC                                             | CUSIP: 06738ECA1<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | US        |   8500000 | PA      | $8788311.50   | 0.63%             | 2033-08-09      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Barclays PLC                                             | Barclays PLC                                             | CUSIP: 06738ECE3<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5671727.00   | 0.40%             | 2033-11-02      | Fixed         | 7.44%                 | No            |                  2 | On Loan: No      |
| Cornerstone Building Brands, Inc.                        | Cornerstone Building Brands, Inc.                        | CUSIP: 13323NAA0<br>LEI: 549300IW41QEWQ6T0H29 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3228059.45   | 0.23%             | 2028-08-01      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| Celanese US Holdings LLC                                 | Celanese US Holdings LLC                                 | CUSIP: 15089QAM6<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $6213359.46   | 0.44%             | 2027-07-15      | Fixed         | 6.42%                 | No            |                  2 | On Loan: No      |
| Centene Corporation                                      | Centene Corporation                                      | CUSIP: 15135BAT8<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |   4780000 | PA      | $4671730.13   | 0.33%             | 2029-12-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Cisco Systems, Inc.                                      | Cisco Systems, Inc.                                      | CUSIP: 17275R102<br>LEI: 8E6NF1YAL0WT6CWXXV93 | Long             | EC               | CORP              | US        |    225000 | NS      | $15610500.00  | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc.                                           | Citigroup Inc.                                           | CUSIP: 172967PA3<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |  10500000 | PA      | $11310548.55  | 0.81%             | 2033-11-17      | Fixed         | 6.27%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                           | Citigroup Inc.                                           | CUSIP: 17331V485<br>LEI: N/A                  | Long             | SN               | CORP              | US        |     44000 | PA      | $7727324.00   | 0.55%             | 2025-12-08      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Citigroup Global Markets Holdings Inc.                   | Citigroup Global Markets Holdings Inc.                   | CUSIP: 17332B132<br>LEI: 82VOJDD5PTRDMVVMGV31 | Long             | SN               | CORP              | US        |      7000 | PA      | $2325561.00   | 0.17%             | 2026-01-27      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Citigroup Global Markets Holdings Inc.                   | Citigroup Global Markets Holdings Inc.                   | CUSIP: 17332B173<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | SN               | CORP              | US        |    123300 | PA      | $5920224.84   | 0.42%             | 2026-02-18      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Clear Channel Outdoor Holdings, Inc.                     | Clear Channel Outdoor Holdings, Inc.                     | CUSIP: 18453HAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4500000 | PA      | $4258441.44   | 0.30%             | 2028-04-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| Cleveland-Cliffs Inc.                                    | Cleveland-Cliffs Inc.                                    | CUSIP: 185899AP6<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2358364.83   | 0.17%             | 2032-03-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: —       |
| Cleveland-Cliffs Inc.                                    | Cleveland-Cliffs Inc.                                    | CUSIP: 185899AR2<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1877002.88   | 0.13%             | 2033-05-01      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| Mizuho Markets Cayman LP                                 | Mizuho Markets Cayman LP                                 | CUSIP: 60701E139<br>LEI: 549300KHUXLS6Q30KT26 | Long             | SN               | CORP              | US        |    100000 | PA      | $4317520.00   | 0.31%             | 2025-12-24      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| Mizuho Markets Cayman LP                                 | Mizuho Markets Cayman LP                                 | CUSIP: 60701E246<br>LEI: 549300KHUXLS6Q30KT26 | Long             | SN               | CORP              | US        |    100000 | PA      | $10962300.00  | 0.78%             | 2026-04-07      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| RTX Corporation                                          | RTX Corporation                                          | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |     45000 | NS      | $6570900.00   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Rio Tinto PLC                                            | Rio Tinto PLC                                            | CUSIP: 767204100<br>LEI: 213800YOEO5OQ72G2R82 | Long             | EC               | CORP              | GB        |    200722 | NS      | $11708114.26  | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Bank of Canada                                     | Royal Bank of Canada                                     | CUSIP: 779942267<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | SN               | CORP              | US        |      2000 | PA      | $413992.00    | 0.03%             | 2025-07-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Sempra                                                   | Sempra                                                   | CUSIP: 816851109<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | EC               | CORP              | US        |     75000 | NS      | $5682750.00   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| The Southern Company                                     | The Southern Company                                     | CUSIP: 842587107<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EC               | CORP              | US        |    175000 | NS      | $16070250.00  | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments Incorporated                           | Texas Instruments Incorporated                           | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |     70000 | NS      | $14533400.00  | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| TotalEnergies SE                                         | TotalEnergies SE                                         | CUSIP: 89151E109<br>LEI: 529900S21EQ1BO4ESM68 | Long             | EC               | CORP              | FR        |     40000 | NS      | $2455600.00   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Union Pacific Corporation                                | Union Pacific Corporation                                | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |     65996 | NS      | $15184359.68  | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| United Parcel Service, Inc.                              | United Parcel Service, Inc.                              | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |     50500 | NS      | $5097470.00   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Jackson National Asset Management, LLC                   | JNL Government Money Market Fund - Class SL              | CUSIP: 46628D395<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  21833020 | NS      | $21833020.00  | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

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

**Name of Applicant:** JNL Series Trust

**Signature:** Andrew Tedeschi

**Name of Signer:** Andrew Tedeschi

**Title:** Principal Financial Officer