# EDGAR Filing Document

**Accession Number:** 0001027263
**File Stem:** 0002071691-26-005094
**Filing Date:** 2026-2
**Character Count:** 126947
**Document Hash:** 014796f6d1ffa4e854ca1f0d40f6154b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-26-005094.hdr.sgml**: 20260227

**ACCESSION NUMBER**: 0002071691-26-005094

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260227

**DATE AS OF CHANGE**: 20260227

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** EQ ADVISORS TRUST
- **CENTRAL INDEX KEY:** 0001027263

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07953
- **FILM NUMBER:** 26694088

**BUSINESS ADDRESS:**
- **STREET 1:** 1345 AVENUE OF THE AMERICAS
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10105
- **BUSINESS PHONE:** 212-554-1234

**MAIL ADDRESS:**
- **STREET 1:** 1345 AVENUE OF THE AMERICAS
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10105

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** 787 TRUST
- **DATE OF NAME CHANGE:** 19961125

## Series and Classes Contracts Data

### EQ/AB Short Duration Government Bond Portfolio (Series ID: S000029400)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000090306 | Class IB     |  |
| C000104221 | Class K      |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** EQ Advisors Trust

- **b. Investment Company Act file number:** 811-07953

- **c. CIK number of Registrant:** 0001027263

- **d. LEI of Registrant:** 549300Q691FLN6WHB832

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

  - **Street Address 1:** 1345 Avenue of the Americas

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10105

  - **Telephone number:** 212-554-1234

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

- **a. Name of Series:** EQ/AB Short Duration Government Bond Portfolio

- **b. EDGAR series identifier (if any):** S000029400

- **c. LEI of Series:** 549300XO88CBQSO85I85

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

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

- **b. Date as of which information is reported:** 2025-12-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $862611852.10

**Total Liabilities:** $2417526.49

**Net Assets:** $860194325.61

**Cash Not Reported:** $13852261.03

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 2257.31000000 | **1-Year:** 29563.49000000 | **5-Year:** 32423.43000000 | **10-Year:** 4697.55000000 | **30-Year:** 4735.20000000

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

- **3-Month:** 0.00000000 | **1-Year:** 46.21000000 | **5-Year:** 75.87000000 | **10-Year:** 224.58000000 | **30-Year:** 38.98000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000090306 | 0.30%                | 0.30%                | 0.28%                |
| Class ID C000104221 | 0.30%                | 0.29%                | 0.33%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-153511.89              | $65538.24                                  |
| Month 2  | $1910.84                 | $544170.52                                 |
| Month 3  | $59406.20                | $-217180.40                                |

**Designated Index Information**

- **Index Name:** Ex-Derivatives Securities Portfolio

- **Index Identifier:** AX-G23857

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ACM Auto Trust                                                       | ACM Auto Trust, Series 2025-1A, Class A                                                                  | CUSIP: 00161EAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    352487 | PA      | $352445.17    | 0.04%             | 2029-06-20      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| ACM Auto Trust                                                       | ACM Auto Trust, Series 2025-3A, Class A                                                                  | CUSIP: 00161UAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1444059 | PA      | $1441581.41   | 0.17%             | 2030-01-22      | Fixed         | 5.01%                 | Yes           |                  2 | On Loan: No      |
| AS Mileage Plan IP Ltd.                                              | AS Mileage Plan IP Ltd.                                                                                  | CUSIP: 00218QAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    877000 | PA      | $884126.33    | 0.10%             | 2029-10-20      | Fixed         | 5.02%                 | Yes           |                  2 | On Loan: No      |
| ACM Auto Trust                                                       | ACM Auto Trust, Series 2024-2A, Class A                                                                  | CUSIP: 00461WAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    299209 | PA      | $299256.87    | 0.03%             | 2029-02-20      | Fixed         | 6.06%                 | Yes           |                  2 | On Loan: No      |
| Affirm Asset Securitization Trust                                    | Affirm Asset Securitization Trust, Series 2024-X2, Class A                                               | CUSIP: 00833QAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     86290 | PA      | $86329.88     | 0.01%             | 2029-12-17      | Fixed         | 5.22%                 | Yes           |                  2 | On Loan: No      |
| Ally Financial, Inc.                                                 | Ally Financial, Inc.                                                                                     | CUSIP: 02005NBZ2<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |    812000 | PA      | $828714.78    | 0.10%             | 2029-05-15      | Variable      | 5.74%                 | No            |                  2 | On Loan: No      |
| Alphabet, Inc.                                                       | Alphabet, Inc.                                                                                           | CUSIP: 02079KAV9<br>LEI: 5493006MHB84DD0ZWV18 | Long             | DBT              | CORP              | US        |   1313000 | PA      | $1319066.45   | 0.15%             | 2028-11-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Altria Group, Inc.                                                   | Altria Group, Inc.                                                                                       | CUSIP: 02209SBS1<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |   1403000 | PA      | $1424940.53   | 0.17%             | 2028-02-04      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Amazon.com, Inc.                                                     | Amazon.com, Inc.                                                                                         | CUSIP: 023135CS3<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |   1304000 | PA      | $1308714.35   | 0.15%             | 2028-11-20      | Fixed         | 3.90%                 | No            |                  2 | On Loan: —       |
| American Express Co.                                                 | American Express Co.                                                                                     | CUSIP: 025816DG1<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    749000 | PA      | $754671.35    | 0.09%             | 2027-07-28      | Variable      | 5.39%                 | No            |                  2 | On Loan: No      |
| American Express Co.                                                 | American Express Co.                                                                                     | CUSIP: 025816DT3<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    661000 | PA      | $664126.60    | 0.08%             | 2027-04-23      | Variable      | 5.64%                 | No            |                  2 | On Loan: No      |
| American Tower Corp.                                                 | American Tower Corp.                                                                                     | CUSIP: 03027XCG3<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |    296000 | PA      | $304112.80    | 0.04%             | 2029-02-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Cencora, Inc.                                                        | Cencora, Inc.                                                                                            | CUSIP: 03073EAV7<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | DBT              | CORP              | US        |   1436000 | PA      | $1453964.36   | 0.17%             | 2027-12-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Amur Equipment Finance Receivables XI LLC                            | Amur Equipment Finance Receivables XI LLC, Series 2022-2A, Class A2                                      | CUSIP: 03236XAB3<br>LEI: 549300IFG1NMINYRYF89 | Long             | ABS-O            | CORP              | US        |     75708 | PA      | $75851.68     | 0.01%             | 2028-06-21      | Fixed         | 5.30%                 | Yes           |                  2 | On Loan: No      |
| Applied Materials, Inc.                                              | Applied Materials, Inc.                                                                                  | CUSIP: 038222AT2<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | DBT              | CORP              | US        |   1304000 | PA      | $1297060.63   | 0.15%             | 2031-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Arivo Acceptance Auto Loan Receivables Trust                         | Arivo Acceptance Auto Loan Receivables Trust, Series 2025-1A, Class A2                                   | CUSIP: 039962AF2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1090000 | PA      | $1089933.73   | 0.13%             | 2029-05-15      | Fixed         | 4.92%                 | Yes           |                  2 | On Loan: No      |
| Athene Global Funding                                                | Athene Global Funding                                                                                    | CUSIP: 04685A4R9<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   1436000 | PA      | $1447844.27   | 0.17%             | 2030-07-17      | Fixed         | 5.03%                 | Yes           |                  2 | On Loan: No      |
| AutoNation, Inc.                                                     | AutoNation, Inc.                                                                                         | CUSIP: 05329WAU6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    274000 | PA      | $274755.34    | 0.03%             | 2029-01-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Aviation Capital Group LLC                                           | Aviation Capital Group LLC                                                                               | CUSIP: 05369AAL5<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |    623000 | PA      | $612780.93    | 0.07%             | 2026-09-20      | Fixed         | 1.95%                 | Yes           |                  2 | On Loan: No      |
| BMW US Capital LLC                                                   | BMW US Capital LLC                                                                                       | CUSIP: 05565ECQ6<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |   1419000 | PA      | $1433560.22   | 0.17%             | 2027-08-13      | Fixed         | 4.60%                 | Yes           |                  2 | On Loan: —       |
| Brex Commercial Charge Card Master Trust                             | Brex Commercial Charge Card Master Trust, Series 2024-1, Class A1                                        | CUSIP: 05601DAE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1478000 | PA      | $1479263.99   | 0.17%             | 2027-07-15      | Fixed         | 6.05%                 | Yes           |                  2 | On Loan: No      |
| Banco Santander SA                                                   | Banco Santander SA                                                                                       | CUSIP: 05964HAQ8<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    600000 | PA      | $599968.02    | 0.07%             | 2028-03-24      | Variable      | 4.17%                 | No            |                  2 | On Loan: No      |
| Banco Santander SA                                                   | Banco Santander SA                                                                                       | CUSIP: 05964HBA2<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    400000 | PA      | $406484.64    | 0.05%             | 2028-03-14      | Variable      | 5.55%                 | No            |                  2 | On Loan: No      |
| Banco Santander SA                                                   | Banco Santander SA                                                                                       | CUSIP: 05964HBF1<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    400000 | PA      | $407183.36    | 0.05%             | 2028-07-15      | Variable      | 5.37%                 | No            |                  2 | On Loan: No      |
| Bank of Montreal                                                     | Bank of Montreal, Series f2f                                                                             | CUSIP: 06368L8K5<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |   1466000 | PA      | $1471717.55   | 0.17%             | 2027-09-10      | Variable      | 4.57%                 | No            |                  2 | On Loan: No      |
| Banque Federative du Credit Mutuel SA                                | Banque Federative du Credit Mutuel SA                                                                    | CUSIP: 06675DCR1<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |   1293000 | PA      | $1307180.85   | 0.15%             | 2028-10-16      | Fixed         | 4.59%                 | Yes           |                  2 | On Loan: No      |
| Barclays plc                                                         | Barclays plc                                                                                             | CUSIP: 06738ECP8<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    372000 | PA      | $378729.48    | 0.04%             | 2028-03-12      | Variable      | 5.67%                 | No            |                  2 | On Loan: No      |
| Baxter International, Inc.                                           | Baxter International, Inc.                                                                               | CUSIP: 071813DC0<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |    742000 | PA      | $744171.76    | 0.09%             | 2029-02-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Bay Area Toll Authority                                              | Bay Area Toll Authority                                                                                  | CUSIP: 072024ND0<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |      7000 | PA      | $7384.47      | 0.00%             | 2049-04-01      | Fixed         | 6.26%                 | No            |                  2 | On Loan: No      |
| San Francisco Bay Area Toll Authority                                | San Francisco Bay Area Toll Authority, Subordinate Toll Bridge, Revenue Bonds, Series 2010-S1            | CUSIP: 072024NU2<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |      1000 | PA      | $1134.20      | 0.00%             | 2040-04-01      | Fixed         | 6.92%                 | No            |                  2 | On Loan: No      |
| San Francisco Bay Area Toll Authority                                | San Francisco Bay Area Toll Authority, Subordinate Toll Bridge, Revenue Bonds, Series 2010-S1            | CUSIP: 072024NV0<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |      6000 | PA      | $6851.10      | 0.00%             | 2050-04-01      | Fixed         | 7.04%                 | No            |                  2 | On Loan: No      |
| BHMS Commercial Mortgage Trust                                       | BHMS Commercial Mortgage Trust, Series 2025-ATLS, Class A                                                | CUSIP: 088928AA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1475000 | PA      | $1478693.99   | 0.17%             | 2042-08-15      | Floating      | 5.60%                 | Yes           |                  2 | On Loan: No      |
| Boeing Co. (The)                                                     | Boeing Co. (The)                                                                                         | CUSIP: 097023DB8<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |   1743000 | PA      | $1712849.76   | 0.20%             | 2028-02-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Broadcom, Inc.                                                       | Broadcom, Inc.                                                                                           | CUSIP: 11135FBZ3<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    530000 | PA      | $539199.10    | 0.06%             | 2027-07-12      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Broadcom, Inc.                                                       | Broadcom, Inc.                                                                                           | CUSIP: 11135FCA7<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    212000 | PA      | $212675.20    | 0.02%             | 2028-02-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| CLNY Trust                                                           | CLNY Trust, Series 2019-IKPR, Class D                                                                    | CUSIP: 12564NAL6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1232000 | PA      | $1158083.08   | 0.13%             | 2038-11-15      | Floating      | 6.17%                 | Yes           |                  2 | On Loan: No      |
| CaixaBank SA                                                         | CaixaBank SA                                                                                             | CUSIP: 12803RAK0<br>LEI: 7CUNS533WID6K7DGFI87 | Long             | DBT              | CORP              | ES        |   1297000 | PA      | $1309165.47   | 0.15%             | 2029-07-03      | Variable      | 4.63%                 | Yes           |                  2 | On Loan: No      |
| State of California                                                  | State of California, Various Purposes, General Obligation Bonds, Series 2009                             | CUSIP: 13063BBU5<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |      6000 | PA      | $7012.37      | 0.00%             | 2039-11-01      | Fixed         | 7.35%                 | No            |                  2 | On Loan: No      |
| Campbell's Co. (The)                                                 | Campbell's Co. (The)                                                                                     | CUSIP: 134429BL2<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | DBT              | CORP              | US        |   1401000 | PA      | $1403816.43   | 0.16%             | 2026-03-20      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Cargill, Inc.                                                        | Cargill, Inc.                                                                                            | CUSIP: 141781CF9<br>LEI: QXZYQNMR4JZ5RIRN4T31 | Long             | DBT              | CORP              | US        |   1325000 | PA      | $1319781.75   | 0.15%             | 2030-10-23      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust                                       | Carvana Auto Receivables Trust, Series 2021-N2, Class B                                                  | CUSIP: 14686KAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     60512 | PA      | $59119.94     | 0.01%             | 2028-03-10      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust                                       | Carvana Auto Receivables Trust, Series 2021-N1, Class C                                                  | CUSIP: 14687DAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    268524 | PA      | $263824.62    | 0.03%             | 2028-01-10      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust                                       | Carvana Auto Receivables Trust, Series 2021-N3, Class C                                                  | CUSIP: 14687GAD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    114735 | PA      | $110600.37    | 0.01%             | 2028-06-12      | Fixed         | 1.02%                 | No            |                  2 | On Loan: No      |
| Cenovus Energy, Inc.                                                 | Cenovus Energy, Inc.                                                                                     | CUSIP: 15135UBA6<br>LEI: 549300F4XPHJ7NOSP309 | Long             | DBT              | CORP              | CA        |    625000 | PA      | $622491.25    | 0.07%             | 2031-03-20      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Central Puget Sound Regional Transit Authority                       | Central Puget Sound Regional Transit Authority                                                           | CUSIP: 15504RET2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      6000 | PA      | $6166.96      | 0.00%             | 2039-11-01      | Fixed         | 5.49%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                 | City of Chicago, International Airport, Revenue Bonds, Series 2010B                                      | CUSIP: 167593AN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      6000 | PA      | $6668.25      | 0.00%             | 2040-01-01      | Fixed         | 6.39%                 | No            |                  2 | On Loan: No      |
| Citigroup, Inc.                                                      | Citigroup, Inc.                                                                                          | CUSIP: 172967PZ8<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   1299000 | PA      | $1308749.00   | 0.15%             | 2028-05-07      | Variable      | 4.64%                 | No            |                  2 | On Loan: No      |
| Connecticut Avenue Securities Trust                                  | Connecticut Avenue Securities Trust, Series 2025-R05, Class 2M1                                          | CUSIP: 20753CAB6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1833970 | PA      | $1836354.56   | 0.21%             | 2045-07-25      | Floating      | 5.07%                 | Yes           |                  2 | On Loan: No      |
| Connecticut Avenue Securities Trust                                  | Connecticut Avenue Securities Trust, Series 2024-R04, Class 1M1                                          | CUSIP: 20753GAB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    510262 | PA      | $509945.32    | 0.06%             | 2044-05-25      | Floating      | 4.97%                 | Yes           |                  2 | On Loan: No      |
| Connecticut Avenue Securities Trust                                  | Connecticut Avenue Securities Trust, Series 2022-R05, Class 2M1                                          | CUSIP: 20754DAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     87565 | PA      | $87674.83     | 0.01%             | 2042-04-25      | Floating      | 5.77%                 | Yes           |                  2 | On Loan: No      |
| Connecticut Avenue Securities Trust                                  | Connecticut Avenue Securities Trust, Series 2024-R02, Class 1M1                                          | CUSIP: 20754GAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    355477 | PA      | $355256.37    | 0.04%             | 2044-02-25      | Floating      | 4.97%                 | Yes           |                  2 | On Loan: No      |
| Connecticut Avenue Securities Trust                                  | Connecticut Avenue Securities Trust, Series 2025-R02, Class 1A1                                          | CUSIP: 20754TAB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    556611 | PA      | $557464.24    | 0.06%             | 2045-02-25      | Floating      | 4.87%                 | Yes           |                  2 | On Loan: No      |
| Connecticut Avenue Securities Trust                                  | Connecticut Avenue Securities Trust, Series 2025-R03, Class 2M1                                          | CUSIP: 20754VAB3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1203672 | PA      | $1205153.89   | 0.14%             | 2045-03-25      | Floating      | 5.47%                 | Yes           |                  2 | On Loan: No      |
| Connecticut Avenue Securities Trust                                  | Connecticut Avenue Securities Trust, Series 2024-R05, Class 2M1                                          | CUSIP: 20754XAB9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    149489 | PA      | $149396.04    | 0.02%             | 2044-07-25      | Floating      | 4.87%                 | Yes           |                  2 | On Loan: No      |
| Connecticut Avenue Securities Trust                                  | Connecticut Avenue Securities Trust, Series 2025-R06, Class 1A1                                          | CUSIP: 20754YAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    701846 | PA      | $702322.17    | 0.08%             | 2045-09-25      | Floating      | 4.77%                 | Yes           |                  2 | On Loan: No      |
| Connecticut Avenue Securities Trust                                  | Connecticut Avenue Securities Trust, Series 2025-R06, Class 1M1                                          | CUSIP: 20754YAB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    921377 | PA      | $921869.94    | 0.11%             | 2045-09-25      | Floating      | 4.82%                 | Yes           |                  2 | On Loan: No      |
| Connecticut Avenue Securities Trust                                  | Connecticut Avenue Securities Trust, Series 2023-R02, Class 1M1                                          | CUSIP: 20755AAB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    685306 | PA      | $698710.36    | 0.08%             | 2043-01-25      | Floating      | 6.17%                 | Yes           |                  2 | On Loan: No      |
| Connecticut Avenue Securities                                        | Connecticut Avenue Securities, Series 2025-R01, Class 1A1                                                | CUSIP: 20755JAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2029277 | PA      | $2029279.11   | 0.24%             | 2045-01-25      | Floating      | 4.82%                 | Yes           |                  2 | On Loan: No      |
| Connecticut Avenue Securities Trust                                  | Connecticut Avenue Securities Trust, Series 2024-R06, Class 1M1                                          | CUSIP: 20755RAB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    116684 | PA      | $116647.46    | 0.01%             | 2044-09-25      | Floating      | 4.92%                 | Yes           |                  2 | On Loan: No      |
| Connecticut Avenue Securities Trust                                  | Connecticut Avenue Securities Trust, Series 2025-R04, Class 1A1                                          | CUSIP: 20755TAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    531338 | PA      | $531867.88    | 0.06%             | 2045-05-25      | Floating      | 4.87%                 | Yes           |                  2 | On Loan: No      |
| Connecticut Avenue Securities Trust                                  | Connecticut Avenue Securities Trust, Series 2025-R04, Class 1M1                                          | CUSIP: 20755TAB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    801824 | PA      | $803663.54    | 0.09%             | 2045-05-25      | Floating      | 5.07%                 | Yes           |                  2 | On Loan: No      |
| Connecticut Avenue Securities Trust                                  | Connecticut Avenue Securities Trust, Series 2024-R03, Class 2M1                                          | CUSIP: 207941AA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    711931 | PA      | $712391.68    | 0.08%             | 2044-03-25      | Floating      | 5.02%                 | Yes           |                  2 | On Loan: No      |
| Connecticut Avenue Securities Trust                                  | Connecticut Avenue Securities Trust, Series 2023-R05, Class 1M1                                          | CUSIP: 207942AA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    944889 | PA      | $952303.81    | 0.11%             | 2043-06-25      | Floating      | 5.77%                 | Yes           |                  2 | On Loan: No      |
| Continental Resources, Inc.                                          | Continental Resources, Inc.                                                                              | CUSIP: 212015AS0<br>LEI: XXRTID9RYWOZ0UPIVR53 | Long             | DBT              | CORP              | US        |   1426000 | PA      | $1423230.57   | 0.17%             | 2028-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Cooperatieve Rabobank UA                                             | Cooperatieve Rabobank UA                                                                                 | CUSIP: 21688ABP6<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |   1330000 | PA      | $1334196.42   | 0.16%             | 2028-10-17      | Fixed         | 3.96%                 | No            |                  2 | On Loan: No      |
| CPS Auto Receivables Trust                                           | CPS Auto Receivables Trust, Series 2024-C, Class A                                                       | CUSIP: 223920AA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     82796 | PA      | $82891.47     | 0.01%             | 2028-02-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| UBS Group AG                                                         | UBS Group AG                                                                                             | CUSIP: 225401BK3<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   2172000 | PA      | $2168381.01   | 0.25%             | 2029-12-23      | Variable      | 4.15%                 | Yes           |                  2 | On Loan: No      |
| DTE Energy Co.                                                       | DTE Energy Co.                                                                                           | CUSIP: 233331BJ5<br>LEI: 549300IX8SD6XXD71I78 | Long             | DBT              | CORP              | US        |    606000 | PA      | $616268.12    | 0.07%             | 2028-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| John Deere Capital Corp.                                             | John Deere Capital Corp., Series I                                                                       | CUSIP: 24422EYE3<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |   1303000 | PA      | $1324466.27   | 0.15%             | 2030-06-05      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Dell International LLC                                               | Dell International LLC                                                                                   | CUSIP: 24703DBP5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1407000 | PA      | $1406538.79   | 0.16%             | 2030-02-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                                     | Deutsche Bank AG                                                                                         | CUSIP: 25160PAN7<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    542000 | PA      | $550114.23    | 0.06%             | 2027-07-13      | Variable      | 7.15%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                                     | Deutsche Bank AG                                                                                         | CUSIP: 25160PAQ0<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    231000 | PA      | $235771.54    | 0.03%             | 2029-01-10      | Variable      | 5.37%                 | No            |                  2 | On Loan: No      |
| Enel Finance International NV                                        | Enel Finance International NV                                                                            | CUSIP: 29278GBF4<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |    413000 | PA      | $412077.07    | 0.05%             | 2028-09-30      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| Enterprise Fleet Financing LLC                                       | Enterprise Fleet Financing LLC, Series 2023-2, Class A2                                                  | CUSIP: 29375NAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    718869 | PA      | $723005.51    | 0.08%             | 2030-04-22      | Fixed         | 5.56%                 | Yes           |                  2 | On Loan: No      |
| Equify ABS LLC                                                       | Equify ABS LLC, Series 2024-1A, Class A                                                                  | CUSIP: 29445TAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    641646 | PA      | $642685.31    | 0.07%             | 2033-04-18      | Fixed         | 5.43%                 | Yes           |                  2 | On Loan: No      |
| Meta Platforms, Inc.                                                 | Meta Platforms, Inc.                                                                                     | CUSIP: 30303MAB8<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |   1320000 | PA      | $1323938.62   | 0.15%             | 2030-11-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                 | FNMA, Series 2016-C02, Class 1M2                                                                         | CUSIP: 30711XCB8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | CORP              | US        |     26984 | PA      | $27158.33     | 0.00%             | 2028-09-25      | Floating      | 9.99%                 | No            |                  2 | On Loan: No      |
| FHLB                                                                 | FHLB                                                                                                     | CUSIP: 3130A8XY4<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGA              | US        |  10060000 | PA      | $9941069.67   | 1.16%             | 2026-09-11      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| FHLB                                                                 | FHLB                                                                                                     | CUSIP: 3130ATHW0<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGA              | US        |  41475000 | PA      | $41900342.72  | 4.87%             | 2027-09-10      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| FHLB                                                                 | FHLB                                                                                                     | CUSIP: 3130AWN63<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGA              | US        |  40000000 | PA      | $40491184.00  | 4.71%             | 2028-06-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FHLB                                                                 | FHLB                                                                                                     | CUSIP: 3130AYPN0<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGA              | US        |   2400000 | PA      | $2415295.68   | 0.28%             | 2027-01-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| FHLB                                                                 | FHLB                                                                                                     | CUSIP: 3130B0TY5<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGA              | US        |  10695000 | PA      | $10865090.07  | 1.26%             | 2027-04-09      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| FHLB                                                                 | FHLB                                                                                                     | CUSIP: 3130B82L5<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGA              | US        |   7490000 | PA      | $7480644.99   | 0.87%             | 2027-10-04      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Pool                                                           | UMBS                                                                                                     | CUSIP: 31339U5V8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1143452 | PA      | $1074457.52   | 0.12%             | 2049-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Pool                                                           | UMBS                                                                                                     | CUSIP: 31339UZQ6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    935610 | PA      | $879448.79    | 0.10%             | 2049-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FFCB                                                                 | FFCB                                                                                                     | CUSIP: 3133EN6A3<br>LEI: 254900C5LP6DN9OP9V83 | Long             | DBT              | USGA              | US        |  50000000 | PA      | $50005855.00  | 5.81%             | 2026-01-13      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FFCB                                                                 | FFCB                                                                                                     | CUSIP: 3133EP4K8<br>LEI: 254900C5LP6DN9OP9V83 | Long             | DBT              | USGA              | US        |  12279000 | PA      | $12300682.26  | 1.43%             | 2026-03-05      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| FFCB                                                                 | FFCB                                                                                                     | CUSIP: 3133EPNG6<br>LEI: 254900C5LP6DN9OP9V83 | Long             | DBT              | USGA              | US        |  30892000 | PA      | $30992374.29  | 3.60%             | 2026-06-23      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| FFCB                                                                 | FFCB                                                                                                     | CUSIP: 3133EPSW6<br>LEI: 254900C5LP6DN9OP9V83 | Long             | DBT              | USGA              | US        |  10000000 | PA      | $10054949.00  | 1.17%             | 2026-08-14      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FFCB                                                                 | FFCB                                                                                                     | CUSIP: 3133EPW68<br>LEI: 254900C5LP6DN9OP9V83 | Long             | DBT              | USGA              | US        |  20000000 | PA      | $20002326.00  | 2.33%             | 2026-01-22      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| FFCB                                                                 | FFCB                                                                                                     | CUSIP: 3133ERZ46<br>LEI: 254900C5LP6DN9OP9V83 | Long             | DBT              | USGA              | US        |  25000000 | PA      | $25360230.00  | 2.95%             | 2028-01-28      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| FHLB                                                                 | FHLB                                                                                                     | CUSIP: 3133XGAY0<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGA              | US        |     12000 | PA      | $13152.52     | 0.00%             | 2036-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Pool                                                           | UMBS                                                                                                     | CUSIP: 31346YA29<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    536691 | PA      | $504307.79    | 0.06%             | 2049-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Pool                                                           | UMBS                                                                                                     | CUSIP: 31346YAV5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    756506 | PA      | $710859.99    | 0.08%             | 2049-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                 | FNMA                                                                                                     | CUSIP: 31359MEU3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |   5000000 | PA      | $5423315.50   | 0.63%             | 2029-05-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                 | FNMA                                                                                                     | CUSIP: 31359MGK3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |  26550000 | PA      | $29955826.04  | 3.48%             | 2030-11-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                 | FNMA                                                                                                     | CUSIP: 3135G05Y5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |   5000000 | PA      | $4767711.00   | 0.55%             | 2027-10-08      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                 | FNMA, Series 2011-86, Class NF                                                                           | CUSIP: 3136A0J65<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     37471 | PA      | $37339.71     | 0.00%             | 2041-09-25      | Floating      | 4.54%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                 | FNMA, Series 2011-86, Class KF                                                                           | CUSIP: 3136A0K48<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     96572 | PA      | $96156.56     | 0.01%             | 2041-09-25      | Floating      | 4.54%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                 | FNMA, Series 2012-65, Class FA                                                                           | CUSIP: 3136A6YN8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     20934 | PA      | $20710.35     | 0.00%             | 2042-06-25      | Floating      | 4.44%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                 | FNMA, Series 2013-121, Class FA                                                                          | CUSIP: 3136AHEU0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    299049 | PA      | $296514.80    | 0.03%             | 2043-12-25      | Floating      | 4.39%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                 | FNMA, Series 2014-49, Class AF                                                                           | CUSIP: 3136AKWD1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    884608 | PA      | $864741.78    | 0.10%             | 2044-08-25      | Floating      | 4.64%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                                | FHLMC, Series 3807, Class FM                                                                             | CUSIP: 3137A6NJ7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     19704 | PA      | $19601.73     | 0.00%             | 2041-02-15      | Floating      | 4.60%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                                | FHLMC, Series 3927, Class FH                                                                             | CUSIP: 3137AFEP3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     23362 | PA      | $23175.97     | 0.00%             | 2041-09-15      | Floating      | 4.55%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                                | FHLMC, Series 4087, Class FB                                                                             | CUSIP: 3137AS4Q4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    554468 | PA      | $549094.37    | 0.06%             | 2042-07-15      | Floating      | 4.57%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                                | FHLMC, Series 4286, Class VF                                                                             | CUSIP: 3137B6VQ1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    453305 | PA      | $448181.21    | 0.05%             | 2043-12-15      | Floating      | 4.55%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                                | FHLMC, Series 4350, Class KF                                                                             | CUSIP: 3137BBHT0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    137076 | PA      | $133660.31    | 0.02%             | 2039-01-15      | Floating      | 4.67%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                                | FHLMC, Series 4459, Class CA                                                                             | CUSIP: 3137BHTF4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    125665 | PA      | $127948.03    | 0.01%             | 2034-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                                | FHLMC, Series 4457, Class BA                                                                             | CUSIP: 3137BHVG9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1837202 | PA      | $1771242.93   | 0.21%             | 2039-07-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                                | FHLMC, Series 4483, Class A                                                                              | CUSIP: 3137BJZ22<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     24049 | PA      | $23847.20     | 0.00%             | 2029-12-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                 | FNMA, Series 2006-42, Class CF                                                                           | CUSIP: 31395DVV8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     25348 | PA      | $25209.53     | 0.00%             | 2036-06-25      | Floating      | 4.44%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                 | FNMA, Series 2007-109, Class GF                                                                          | CUSIP: 31396X2G8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     43241 | PA      | $43274.44     | 0.01%             | 2037-12-25      | Floating      | 4.67%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                                | FHLMC, Series 3305, Class FT                                                                             | CUSIP: 31397GTA8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     28080 | PA      | $27868.89     | 0.00%             | 2034-07-15      | Floating      | 4.50%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                                | FHLMC, Series 3349, Class FE                                                                             | CUSIP: 31397JV68<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    584639 | PA      | $581535.84    | 0.07%             | 2037-07-15      | Floating      | 4.59%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                 | FNMA, Series 2011-53, Class FT                                                                           | CUSIP: 31397URA9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     91413 | PA      | $91126.90     | 0.01%             | 2041-06-25      | Floating      | 4.57%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                 | FNMA, Series 2010-39, Class FT                                                                           | CUSIP: 31398PT90<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    913228 | PA      | $920400.44    | 0.11%             | 2035-10-25      | Floating      | 4.94%                 | No            |                  2 | On Loan: No      |
| FIGRE Trust                                                          | FIGRE Trust, Series 2025-HE7, Class A                                                                    | CUSIP: 31684RAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1584031 | PA      | $1583144.30   | 0.18%             | 2055-11-25      | Variable      | 5.15%                 | Yes           |                  2 | On Loan: No      |
| First Investors Auto Owner Trust                                     | First Investors Auto Owner Trust, Series 2021-2A, Class C                                                | CUSIP: 32057JAE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    931437 | PA      | $927966.64    | 0.11%             | 2027-11-15      | Fixed         | 1.47%                 | Yes           |                  2 | On Loan: No      |
| Flagship Credit Auto Trust                                           | Flagship Credit Auto Trust, Series 2024-3, Class A                                                       | CUSIP: 33843YAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    370748 | PA      | $370492.64    | 0.04%             | 2028-11-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| Ford Credit Auto Owner Trust                                         | Ford Credit Auto Owner Trust, Series 2021-1, Class C                                                     | CUSIP: 345340AC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1168000 | PA      | $1159889.06   | 0.13%             | 2033-10-17      | Fixed         | 1.91%                 | Yes           |                  2 | On Loan: No      |
| Foundry JV Holdco LLC                                                | Foundry JV Holdco LLC                                                                                    | CUSIP: 350930AB9<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |    331000 | PA      | $346392.63    | 0.04%             | 2030-01-25      | Fixed         | 5.90%                 | Yes           |                  2 | On Loan: No      |
| FHLMC                                                                | FHLMC STACR REMIC Trust, Series 2023-HQA2, Class M1A                                                     | CUSIP: 35564K2F5<br>LEI: 5493000KIGZAWUOW4E32 | Long             | ABS-MBS          | CORP              | US        |    320196 | PA      | $320695.65    | 0.04%             | 2043-06-25      | Floating      | 5.87%                 | Yes           |                  2 | On Loan: No      |
| FHLMC                                                                | FHLMC STACR REMIC Trust, Series 2022-DNA7, Class M1A                                                     | CUSIP: 35564KL31<br>LEI: 5493000IRUQLXTG4SV18 | Long             | ABS-MBS          | CORP              | US        |    733435 | PA      | $740722.31    | 0.09%             | 2052-03-25      | Floating      | 6.37%                 | Yes           |                  2 | On Loan: No      |
| FHLMC                                                                | FHLMC STACR REMIC Trust, Series 2023-DNA1, Class M1A                                                     | CUSIP: 35564KP37<br>LEI: 5493000IRILHAKSCHN59 | Long             | ABS-MBS          | CORP              | US        |    726251 | PA      | $735211.29    | 0.09%             | 2043-03-25      | Floating      | 5.97%                 | Yes           |                  2 | On Loan: No      |
| FHLMC                                                                | FHLMC STACR REMIC Trust, Series 2023-DNA2, Class M1A                                                     | CUSIP: 35564KT58<br>LEI: 5493000IRI80KQJUNK40 | Long             | ABS-MBS          | CORP              | US        |    487018 | PA      | $493758.89    | 0.06%             | 2043-04-25      | Floating      | 5.97%                 | Yes           |                  2 | On Loan: No      |
| FHLMC                                                                | FHLMC STACR REMIC Trust, Series 2024-HQA1, Class M1                                                      | CUSIP: 35564NBX0<br>LEI: 529900PGKDI4ZEXFQ523 | Long             | ABS-MBS          | CORP              | US        |    750811 | PA      | $750578.73    | 0.09%             | 2044-03-25      | Floating      | 5.12%                 | Yes           |                  2 | On Loan: No      |
| FHLMC                                                                | FHLMC STACR REMIC Trust, Series 2024-HQA2, Class M1                                                      | CUSIP: 35564NDZ3<br>LEI: 5299002OYNAPMJKK2A73 | Long             | ABS-MBS          | CORP              | US        |   1146318 | PA      | $1147228.86   | 0.13%             | 2044-08-25      | Floating      | 5.07%                 | Yes           |                  2 | On Loan: No      |
| FHLMC                                                                | FHLMC STACR REMIC Trust, Series 2024-DNA3, Class A1                                                      | CUSIP: 35564NEY5<br>LEI: 529900P3PHNE8PW64Z68 | Long             | ABS-MBS          | CORP              | US        |   1179009 | PA      | $1180127.54   | 0.14%             | 2044-10-25      | Floating      | 4.92%                 | Yes           |                  2 | On Loan: No      |
| FHLMC                                                                | FHLMC STACR REMIC Trust, Series 2025-DNA1, Class A1                                                      | CUSIP: 35564NFY4<br>LEI: 529900WZAMS87JCAOC53 | Long             | ABS-MBS          | CORP              | US        |    930339 | PA      | $930340.13    | 0.11%             | 2045-01-25      | Floating      | 4.82%                 | Yes           |                  2 | On Loan: No      |
| FHLMC                                                                | FHLMC STACR REMIC Trust, Series 2025-HQA1, Class A1                                                      | CUSIP: 35564NGY3<br>LEI: 529900MBUPRSJMB6GN48 | Long             | ABS-MBS          | CORP              | US        |   1179743 | PA      | $1178985.44   | 0.14%             | 2045-02-25      | Floating      | 4.82%                 | Yes           |                  2 | On Loan: No      |
| FHLMC                                                                | FHLMC STACR REMIC Trust, Series 2025-DNA2, Class A1                                                      | CUSIP: 35564NHY2<br>LEI: 529900XX8WXEM4FBIH80 | Long             | ABS-MBS          | CORP              | US        |    475294 | PA      | $476353.81    | 0.06%             | 2045-05-25      | Floating      | 4.97%                 | Yes           |                  2 | On Loan: No      |
| FHLMC                                                                | FHLMC STACR REMIC Trust, Series 2025-DNA2, Class M1                                                      | CUSIP: 35564NHZ9<br>LEI: 529900XX8WXEM4FBIH80 | Long             | ABS-MBS          | CORP              | US        |    466822 | PA      | $466666.73    | 0.05%             | 2045-05-25      | Floating      | 5.07%                 | Yes           |                  2 | On Loan: No      |
| FHLMC STACR REMIC Trust                                              | FHLMC STACR REMIC Trust, Series 2025-DNA3, Class A1                                                      | CUSIP: 35564UAQ0<br>LEI: 5299009HC4IGFM6RXF30 | Long             | ABS-MBS          | CORP              | US        |   1930378 | PA      | $1930895.33   | 0.22%             | 2045-09-25      | Floating      | 4.82%                 | Yes           |                  2 | On Loan: No      |
| FHLMC                                                                | FHLMC STACR REMIC Trust, Series 2025-DNA4, Class M1                                                      | CUSIP: 35564UBR7<br>LEI: 529900ZVQVVVNGMGDO97 | Long             | ABS-MBS          | CORP              | US        |   1635704 | PA      | $1636988.00   | 0.19%             | 2045-10-25      | Floating      | 4.97%                 | Yes           |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                                         | GS Mortgage Securities Trust, Series 2011-GC5, Class AS                                                  | CUSIP: 36191YAE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1056721 | PA      | $1028287.47   | 0.12%             | 2044-08-10      | Variable      | 5.17%                 | Yes           |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                                         | GS Mortgage Securities Trust, Series 2011-GC5, Class D                                                   | CUSIP: 36191YAL2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     49051 | PA      | $38283.08     | 0.00%             | 2044-08-10      | Variable      | 5.17%                 | Yes           |                  2 | On Loan: No      |
| Go Mortgage LLC                                                      | Go Mortgage LLC                                                                                          | CUSIP: 36261CAA9<br>LEI: 25490018IFQOT83Q7H49 | Long             | ABS-O            | CORP              | US        |    297091 | PA      | $296129.56    | 0.03%             | 2026-08-15      | Variable      | 1.43%                 | No            |                  2 | On Loan: No      |
| Go Mortgage LLC                                                      | Go Mortgage LLC                                                                                          | CUSIP: 36261CAC5<br>LEI: 25490018IFQOT83Q7H49 | Long             | ABS-O            | CORP              | US        |    876000 | PA      | $868101.63    | 0.10%             | 2026-08-15      | Variable      | 2.44%                 | No            |                  2 | On Loan: No      |
| Go Mortgage LLC                                                      | Go Mortgage LLC                                                                                          | CUSIP: 36261CAE1<br>LEI: 25490018IFQOT83Q7H49 | Long             | ABS-O            | CORP              | US        |     98000 | PA      | $95796.85     | 0.01%             | 2026-08-15      | Variable      | 2.64%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Co., Inc.                                   | General Motors Financial Co., Inc.                                                                       | CUSIP: 37045XDH6<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    118000 | PA      | $113599.58    | 0.01%             | 2028-04-10      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Co., Inc.                                   | General Motors Financial Co., Inc.                                                                       | CUSIP: 37045XEU6<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    494000 | PA      | $512214.87    | 0.06%             | 2029-07-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Co., Inc.                                   | General Motors Financial Co., Inc.                                                                       | CUSIP: 37045XEZ5<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    269000 | PA      | $273165.30    | 0.03%             | 2029-10-06      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Glencore Funding LLC                                                 | Glencore Funding LLC                                                                                     | CUSIP: 378272BR8<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |    502000 | PA      | $509773.77    | 0.06%             | 2027-04-04      | Fixed         | 5.34%                 | Yes           |                  2 | On Loan: No      |
| Glencore Funding LLC                                                 | Glencore Funding LLC                                                                                     | CUSIP: 378272BY3<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |    686000 | PA      | $697505.73    | 0.08%             | 2028-04-01      | Fixed         | 4.91%                 | Yes           |                  2 | On Loan: No      |
| Glencore Funding LLC                                                 | Glencore Funding LLC                                                                                     | CUSIP: 378272BZ0<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |    291000 | PA      | $298736.50    | 0.03%             | 2030-04-01      | Fixed         | 5.19%                 | Yes           |                  2 | On Loan: No      |
| Global Payments, Inc.                                                | Global Payments, Inc.                                                                                    | CUSIP: 37940XAV4<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |    369000 | PA      | $369423.61    | 0.04%             | 2028-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Global Payments, Inc.                                                | Global Payments, Inc.                                                                                    | CUSIP: 37940XAW2<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |    524000 | PA      | $524491.30    | 0.06%             | 2030-11-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| GLS Auto Select Receivables Trust                                    | GLS Auto Select Receivables Trust, Series 2024-2A, Class A2                                              | CUSIP: 379924AC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1124332 | PA      | $1135231.60   | 0.13%             | 2030-06-17      | Fixed         | 5.58%                 | Yes           |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                                      | Goldman Sachs Group, Inc. (The)                                                                          | CUSIP: 38141GC77<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    724000 | PA      | $732428.45    | 0.09%             | 2028-04-23      | Variable      | 4.94%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings plc                                                    | HSBC Holdings plc                                                                                        | CUSIP: 404280DF3<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   1051000 | PA      | $1059821.15   | 0.12%             | 2028-06-09      | Variable      | 4.75%                 | No            |                  2 | On Loan: No      |
| Hardee's Funding LLC                                                 | Hardee's Funding LLC, Series 2018-1A, Class A23                                                          | CUSIP: 411707AF9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1308381 | PA      | $1304407.55   | 0.15%             | 2048-06-20      | Fixed         | 5.71%                 | Yes           |                  2 | On Loan: No      |
| Hyundai Capital America                                              | Hyundai Capital America                                                                                  | CUSIP: 44891ACM7<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |   1420000 | PA      | $1436768.64   | 0.17%             | 2026-09-21      | Fixed         | 5.95%                 | Yes           |                  2 | On Loan: No      |
| ING Groep NV                                                         | ING Groep NV                                                                                             | CUSIP: 456837BQ5<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |   1374000 | PA      | $1394583.07   | 0.16%             | 2029-03-25      | Variable      | 4.86%                 | No            |                  2 | On Loan: No      |
| International Business Machines Corp.                                | International Business Machines Corp.                                                                    | CUSIP: 459200LF6<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |   1403000 | PA      | $1422851.47   | 0.17%             | 2028-02-10      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Chase Mortgage Finance Corp.                                         | Chase Mortgage Finance Corp., Series 2019-CL1, Class M3                                                  | CUSIP: 46591HAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    238350 | PA      | $242112.27    | 0.03%             | 2047-04-25      | Floating      | 5.95%                 | Yes           |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                 | JPMorgan Chase & Co.                                                                                     | CUSIP: 46647PEA0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   1396000 | PA      | $1410702.95   | 0.16%             | 2028-01-23      | Variable      | 5.04%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                                             | JP Morgan Mortgage Trust, Series 2025-HE3, Class A1                                                      | CUSIP: 46660CAA5<br>LEI: 529900FDW9QWEZPAFE21 | Long             | ABS-O            | CORP              | US        |   1754738 | PA      | $1758010.13   | 0.20%             | 2056-03-20      | Floating      | 5.27%                 | Yes           |                  2 | On Loan: No      |
| Keurig Dr Pepper, Inc.                                               | Keurig Dr Pepper, Inc.                                                                                   | CUSIP: 49271VAT7<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |   1409000 | PA      | $1437519.99   | 0.17%             | 2029-03-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Lendbuzz Securitization Trust                                        | Lendbuzz Securitization Trust, Series 2025-1A, Class A2                                                  | CUSIP: 525938AC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1591151 | PA      | $1592859.22   | 0.19%             | 2030-10-15      | Fixed         | 5.10%                 | Yes           |                  2 | On Loan: No      |
| Eli Lilly & Co.                                                      | Eli Lilly & Co.                                                                                          | CUSIP: 532457DB1<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |   1309000 | PA      | $1316720.87   | 0.15%             | 2028-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group plc                                             | Lloyds Banking Group plc                                                                                 | CUSIP: 539439AX7<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    810000 | PA      | $839627.61    | 0.10%             | 2029-03-06      | Variable      | 5.87%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group plc                                             | Lloyds Banking Group plc                                                                                 | CUSIP: 53944YBC6<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    568000 | PA      | $578374.69    | 0.07%             | 2028-11-26      | Variable      | 5.09%                 | No            |                  2 | On Loan: No      |
| Lobel Automobile Receivables Trust                                   | Lobel Automobile Receivables Trust, Series 2025-1, Class A                                               | CUSIP: 53948RAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    728173 | PA      | $729316.76    | 0.08%             | 2027-11-15      | Fixed         | 5.06%                 | Yes           |                  2 | On Loan: No      |
| Los Angeles Community College District                               | Los Angeles Community College District                                                                   | CUSIP: 54438CNZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     31000 | PA      | $33591.98     | 0.00%             | 2042-08-01      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| County of Los Angeles Community College District                     | County of Los Angeles Community College District, General Obligation Bonds, Series 2008-E                | CUSIP: 54438CPA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      6000 | PA      | $6653.64      | 0.00%             | 2049-08-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                        | Commonwealth of Massachusetts, General Obligation Bonds, Series 2009E                                    | CUSIP: 57582PUE8<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |      7000 | PA      | $7153.06      | 0.00%             | 2039-12-01      | Fixed         | 5.46%                 | No            |                  2 | On Loan: No      |
| Massachusetts Clean Water Trust (The)                                | Massachusetts Clean Water Trust (The)                                                                    | CUSIP: 57604P5P5<br>LEI: 549300SYPEROLSQU0261 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25541.63     | 0.00%             | 2040-08-01      | Fixed         | 5.19%                 | No            |                  2 | On Loan: No      |
| McDonald's Corp.                                                     | McDonald's Corp.                                                                                         | CUSIP: 58013MFX7<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |    880000 | PA      | $906383.28    | 0.11%             | 2029-05-17      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Merck & Co., Inc.                                                    | Merck & Co., Inc.                                                                                        | CUSIP: 58933YBW4<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |   1297000 | PA      | $1296663.30   | 0.15%             | 2029-03-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Met Tower Global Funding                                             | Met Tower Global Funding                                                                                 | CUSIP: 58989V2L7<br>LEI: 635400OFJCY9IOGBGY57 | Long             | DBT              | CORP              | US        |   1306000 | PA      | $1298880.08   | 0.15%             | 2030-09-16      | Fixed         | 4.20%                 | Yes           |                  2 | On Loan: No      |
| County of Nashville & Davidson Convention Center Authority           | County of Nashville & Davidson Convention Center Authority, Revenue Bonds, Series 2010B                  | CUSIP: 592125AM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      6000 | PA      | $6391.20      | 0.00%             | 2043-07-01      | Fixed         | 6.73%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                | Metropolitan Transportation Authority, Revenue Bonds, Series 2010A                                       | CUSIP: 59259YBY4<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |      8000 | PA      | $8709.55      | 0.00%             | 2039-11-15      | Fixed         | 6.67%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                | Metropolitan Transportation Authority, Revenue Bonds, Series 2010B-1                                     | CUSIP: 59259YBZ1<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |      6000 | PA      | $6497.78      | 0.00%             | 2039-11-15      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority                           | Metropolitan Washington Airports Authority, Revenue Bonds, Series 2009D                                  | CUSIP: 592643AA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      9000 | PA      | $10697.63     | 0.00%             | 2046-10-01      | Fixed         | 7.46%                 | No            |                  2 | On Loan: No      |
| Mission Lane Credit Card Master Trust                                | Mission Lane Credit Card Master Trust, Series 2024-A, Class A1                                           | CUSIP: 60510MAY4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1026000 | PA      | $1030643.98   | 0.12%             | 2029-08-15      | Fixed         | 6.20%                 | Yes           |                  2 | On Loan: No      |
| Mission Lane Credit Card Master Trust                                | Mission Lane Credit Card Master Trust, Series 2024-B, Class A                                            | CUSIP: 60510MBE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2373000 | PA      | $2391703.75   | 0.28%             | 2030-01-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Morgan Stanley Bank NA                                               | Morgan Stanley Bank NA                                                                                   | CUSIP: 61690U8B9<br>LEI: G1MLHIS0N32I3QPILB75 | Long             | DBT              | CORP              | US        |    467000 | PA      | $476289.94    | 0.06%             | 2028-05-26      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                       | Morgan Stanley                                                                                           | CUSIP: 61747YFP5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    942000 | PA      | $960716.22    | 0.11%             | 2028-04-13      | Variable      | 5.65%                 | No            |                  2 | On Loan: No      |
| Georgia Municipal Electric Authority                                 | Georgia Municipal Electric Authority, Revenue Bonds, Series 2010A                                        | CUSIP: 626207YF5<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |     36000 | PA      | $38932.15     | 0.00%             | 2057-04-01      | Fixed         | 6.64%                 | No            |                  2 | On Loan: No      |
| NMEF Funding LLC                                                     | NMEF Funding LLC, Series 2024-A, Class A2                                                                | CUSIP: 62919UAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1223956 | PA      | $1231611.53   | 0.14%             | 2031-12-15      | Fixed         | 5.15%                 | Yes           |                  2 | On Loan: No      |
| NRG Energy, Inc.                                                     | NRG Energy, Inc.                                                                                         | CUSIP: 629377DA7<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    232000 | PA      | $231942.00    | 0.03%             | 2030-10-15      | Fixed         | 4.73%                 | Yes           |                  2 | On Loan: No      |
| National Rural Utilities Cooperative Finance Corp.                   | National Rural Utilities Cooperative Finance Corp.                                                       | CUSIP: 63743HGB2<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |   1297000 | PA      | $1302149.09   | 0.15%             | 2027-12-10      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Nationwide Building Society                                          | Nationwide Building Society                                                                              | CUSIP: 63861VAF4<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |   1611000 | PA      | $1590787.43   | 0.18%             | 2028-02-16      | Variable      | 2.97%                 | Yes           |                  2 | On Loan: No      |
| Nationwide Building Society                                          | Nationwide Building Society                                                                              | CUSIP: 63861VAM9<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |   1293000 | PA      | $1305093.04   | 0.15%             | 2029-07-14      | Variable      | 4.65%                 | Yes           |                  2 | On Loan: No      |
| NatWest Group plc                                                    | NatWest Group plc                                                                                        | CUSIP: 639057AJ7<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    691000 | PA      | $692772.42    | 0.08%             | 2027-03-02      | Variable      | 5.85%                 | No            |                  2 | On Loan: No      |
| Nelnet Student Loan Trust                                            | Nelnet Student Loan Trust, Series 2021-CA, Class AFX                                                     | CUSIP: 64035GAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1008716 | PA      | $947393.57    | 0.11%             | 2062-04-20      | Fixed         | 1.32%                 | Yes           |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                       | New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Revenue Bonds, Series 2010B | CUSIP: 646136XR7<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |     31000 | PA      | $34950.93     | 0.00%             | 2040-12-15      | Fixed         | 6.56%                 | No            |                  2 | On Loan: No      |
| City of New York Municipal Water Finance Authority                   | City of New York Municipal Water Finance Authority, Water & Sewer System, Revenue Bonds, Series 2010EE   | CUSIP: 64972FL20<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |      6000 | PA      | $6213.52      | 0.00%             | 2042-06-15      | Fixed         | 6.01%                 | No            |                  2 | On Loan: No      |
| City of New York Municipal Water Finance Authority                   | City of New York, Municipal Water Finance Authority, Water & Sewer System, Revenue Bonds, Series 2010GG  | CUSIP: 64972FT30<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |      8000 | PA      | $8046.59      | 0.00%             | 2042-06-15      | Fixed         | 5.72%                 | No            |                  2 | On Loan: No      |
| State of New York Dormitory Authority                                | State of New York Dormitory Authority, Personal Income Tax, Revenue Bonds, Series 2010D                  | CUSIP: 649902T29<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |      4613 | PA      | $4690.36      | 0.00%             | 2030-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| State of New York Dormitory Authority                                | State of New York Dormitory Authority, Personal Income Tax, Revenue Bonds, Series 2010D                  | CUSIP: 649902T37<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |      6000 | PA      | $6140.36      | 0.00%             | 2040-03-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| State of New York Urban Development Corp.                            | State of New York Urban Development Corp., Personal Income Tax, Revenue Bonds, Series 2009E              | CUSIP: 650035TD0<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |      8000 | PA      | $8239.75      | 0.00%             | 2039-03-15      | Fixed         | 5.77%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings, Inc.                                | NextEra Energy Capital Holdings, Inc.                                                                    | CUSIP: 65339KCL2<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    786000 | PA      | $795113.04    | 0.09%             | 2027-09-01      | Fixed         | 4.68%                 | No            |                  2 | On Loan: No      |
| Nomura Holdings, Inc.                                                | Nomura Holdings, Inc.                                                                                    | CUSIP: 65535HBG3<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |    912000 | PA      | $912273.69    | 0.11%             | 2026-01-09      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Authority                                        | North Texas Tollway Authority                                                                            | CUSIP: 66285WFB7<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |      8000 | PA      | $8795.63      | 0.00%             | 2049-01-01      | Fixed         | 6.72%                 | No            |                  2 | On Loan: No      |
| Novartis Capital Corp.                                               | Novartis Capital Corp.                                                                                   | CUSIP: 66989HAX6<br>LEI: 5493002KF87V5RSRQS84 | Long             | DBT              | CORP              | US        |   1313000 | PA      | $1316898.30   | 0.15%             | 2028-11-05      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| OCCU Auto Receivables Trust                                          | OCCU Auto Receivables Trust, Series 2025-1A, Class A2                                                    | CUSIP: 67098SAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1988254 | PA      | $1991185.21   | 0.23%             | 2028-04-17      | Fixed         | 4.82%                 | Yes           |                  2 | On Loan: No      |
| Ohio State University (The)                                          | Ohio State University (The)                                                                              | CUSIP: 677632MV0<br>LEI: JFC10ZULKO4X2E3HBY86 | Long             | DBT              | MUN               | US        |      6000 | PA      | $6006.48      | 0.00%             | 2040-06-01      | Fixed         | 4.91%                 | No            |                  2 | On Loan: No      |
| Oportun Issuance Trust                                               | Oportun Issuance Trust, Series 2024-2, Class A                                                           | CUSIP: 68377KAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     25709 | PA      | $25712.46     | 0.00%             | 2032-02-09      | Fixed         | 5.86%                 | Yes           |                  2 | On Loan: No      |
| Oportun Funding Trust                                                | Oportun Funding Trust, Series 2024-3, Class A                                                            | CUSIP: 68377NAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    165506 | PA      | $165513.25    | 0.02%             | 2029-08-15      | Fixed         | 5.26%                 | Yes           |                  2 | On Loan: No      |
| Oportun Funding Trust                                                | Oportun Funding Trust, Series 2025-1, Class A                                                            | CUSIP: 68377PAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    454798 | PA      | $455018.26    | 0.05%             | 2032-08-16      | Fixed         | 4.96%                 | Yes           |                  2 | On Loan: No      |
| Pagaya AI Debt Trust                                                 | Pagaya AI Debt Trust, Series 2024-2, Class A                                                             | CUSIP: 694961AA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    272263 | PA      | $273525.62    | 0.03%             | 2031-08-15      | Fixed         | 6.32%                 | Yes           |                  2 | On Loan: No      |
| Pagaya AI Debt Grantor Trust                                         | Pagaya AI Debt Grantor Trust, Series 2024-5, Class A                                                     | CUSIP: 69544LAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    332442 | PA      | $334621.69    | 0.04%             | 2031-10-15      | Fixed         | 6.28%                 | Yes           |                  2 | On Loan: No      |
| Pagaya AI Debt Grantor Trust                                         | Pagaya AI Debt Grantor Trust, Series 2025-1, Class A                                                     | CUSIP: 69544NAF4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    130048 | PA      | $131155.32    | 0.02%             | 2032-07-15      | Variable      | 5.16%                 | Yes           |                  2 | On Loan: No      |
| Pagaya AI Debt Grantor Trust                                         | Pagaya AI Debt Grantor Trust, Series 2024-9, Class B                                                     | CUSIP: 69546QAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1300141 | PA      | $1304253.45   | 0.15%             | 2032-03-15      | Fixed         | 5.31%                 | Yes           |                  2 | On Loan: No      |
| Pagaya AI Debt Trust                                                 | Pagaya AI Debt Trust, Series 2024-3, Class A                                                             | CUSIP: 69547XAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    342335 | PA      | $344355.02    | 0.04%             | 2031-10-15      | Fixed         | 6.26%                 | Yes           |                  2 | On Loan: No      |
| Pagaya AI Debt Grantor Trust                                         | Pagaya AI Debt Grantor Trust, Series 2025-5, Class A                                                     | CUSIP: 69548WAF0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    581130 | PA      | $582678.12    | 0.07%             | 2033-03-15      | Variable      | 4.87%                 | Yes           |                  2 | On Loan: No      |
| Pagaya AI Debt Grantor Trust                                         | Pagaya AI Debt Grantor Trust, Series 2025-6, Class A2                                                    | CUSIP: 69549BAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    520000 | PA      | $521017.64    | 0.06%             | 2033-04-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Pagaya AI Debt Grantor Trust                                         | Pagaya AI Debt Grantor Trust, Series 2025-8, Class A2                                                    | CUSIP: 69549TAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1127550 | PA      | $1129350.58   | 0.13%             | 2033-07-15      | Fixed         | 4.85%                 | Yes           |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                     | Pennsylvania Turnpike Commission, Revenue Bonds, Series 2010B                                            | CUSIP: 709223A27<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |      9000 | PA      | $8957.06      | 0.00%             | 2045-12-01      | Fixed         | 5.51%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                     | Pennsylvania Turnpike Commission, Revenue Bonds, Series 2010B                                            | CUSIP: 709223ZZ7<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |      7000 | PA      | $6844.90      | 0.00%             | 2049-12-01      | Fixed         | 5.56%                 | No            |                  2 | On Loan: No      |
| Pfizer, Inc.                                                         | Pfizer, Inc.                                                                                             | CUSIP: 717081FJ7<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | DBT              | CORP              | US        |   1304000 | PA      | $1307697.36   | 0.15%             | 2027-11-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Prestige Auto Receivables Trust                                      | Prestige Auto Receivables Trust, Series 2025-1A, Class A2                                                | CUSIP: 74113UAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1198590 | PA      | $1200125.11   | 0.14%             | 2027-12-15      | Fixed         | 4.87%                 | Yes           |                  2 | On Loan: No      |
| Republic Services, Inc.                                              | Republic Services, Inc.                                                                                  | CUSIP: 760759BL3<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |   1375000 | PA      | $1407234.54   | 0.16%             | 2030-07-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Research-Driven Pagaya Motor Trust                                   | Research-Driven Pagaya Motor Trust, Series 2024-1A, Class A                                              | CUSIP: 76088YAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    355741 | PA      | $357343.75    | 0.04%             | 2032-06-25      | Fixed         | 7.09%                 | Yes           |                  2 | On Loan: No      |
| Roche Holdings, Inc.                                                 | Roche Holdings, Inc.                                                                                     | CUSIP: 771196CS9<br>LEI: PVJRP0EQNV6OGDPZGY95 | Long             | DBT              | CORP              | US        |   1302000 | PA      | $1298919.73   | 0.15%             | 2030-12-02      | Fixed         | 4.08%                 | Yes           |                  2 | On Loan: No      |
| Arizona Salt River Project Agricultural Improvement & Power District | Arizona Salt River Project, Agricultural Improvement & Power District, Revenue Bonds, Series 2010A       | CUSIP: 79575DE63<br>LEI: SHB8HO6GKXJ83RX5OV39 | Long             | DBT              | MUN               | US        |     18000 | PA      | $17687.37     | 0.00%             | 2041-01-01      | Fixed         | 4.84%                 | No            |                  2 | On Loan: No      |
| San Diego County Water Authority                                     | San Diego County Water Authority                                                                         | CUSIP: 79741TAR5<br>LEI: 549300Y0QN5OFKA1G520 | Long             | DBT              | MUN               | US        |      6000 | PA      | $6169.58      | 0.00%             | 2049-05-01      | Fixed         | 6.14%                 | No            |                  2 | On Loan: No      |
| Santander Holdings USA, Inc.                                         | Santander Holdings USA, Inc.                                                                             | CUSIP: 80282KBN5<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |   1375000 | PA      | $1404799.96   | 0.16%             | 2029-03-20      | Variable      | 5.47%                 | No            |                  2 | On Loan: No      |
| Skandinaviska Enskilda Banken AB                                     | Skandinaviska Enskilda Banken AB                                                                         | CUSIP: 830505BK8<br>LEI: F3JS33DEI6XQ4ZBPTN86 | Long             | DBT              | CORP              | SE        |   1308000 | PA      | $1311861.22   | 0.15%             | 2030-09-03      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Societe Generale SA                                                  | Societe Generale SA                                                                                      | CUSIP: 83368RBV3<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |   1392000 | PA      | $1409231.85   | 0.16%             | 2028-01-19      | Variable      | 5.52%                 | Yes           |                  2 | On Loan: No      |
| SoFi Consumer Loan Program Trust                                     | SoFi Consumer Loan Program Trust, Series 2025-4, Class A                                                 | CUSIP: 83405UAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1786519 | PA      | $1787645.38   | 0.21%             | 2035-08-25      | Fixed         | 4.24%                 | Yes           |                  2 | On Loan: No      |
| Southwest Airlines Co.                                               | Southwest Airlines Co.                                                                                   | CUSIP: 844741BL1<br>LEI: UDTZ87G0STFETI6HGH41 | Long             | DBT              | CORP              | US        |    379000 | PA      | $379921.61    | 0.04%             | 2028-11-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Standard Chartered plc                                               | Standard Chartered plc                                                                                   | CUSIP: 853254CT5<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |    502000 | PA      | $506482.86    | 0.06%             | 2027-07-06      | Variable      | 6.19%                 | Yes           |                  2 | On Loan: No      |
| Sumitomo Mitsui Trust Bank Ltd.                                      | Sumitomo Mitsui Trust Bank Ltd.                                                                          | CUSIP: 86563VBT5<br>LEI: 5493006GGLR4BTEL8O61 | Long             | DBT              | CORP              | JP        |    270000 | PA      | $272324.86    | 0.03%             | 2027-09-10      | Fixed         | 4.45%                 | Yes           |                  2 | On Loan: No      |
| Synchrony Financial                                                  | Synchrony Financial                                                                                      | CUSIP: 87165BAX1<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |   1312000 | PA      | $1323004.27   | 0.15%             | 2029-07-29      | Variable      | 5.02%                 | No            |                  2 | On Loan: No      |
| Targa Resources Corp.                                                | Targa Resources Corp.                                                                                    | CUSIP: 87612GAR2<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |    775000 | PA      | $776771.19    | 0.09%             | 2029-01-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Tesla Auto Lease Trust                                               | Tesla Auto Lease Trust, Series 2024-A, Class A3                                                          | CUSIP: 88166VAD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    401003 | PA      | $402431.93    | 0.05%             | 2027-06-21      | Fixed         | 5.30%                 | Yes           |                  2 | On Loan: No      |
| Toronto-Dominion Bank (The)                                          | Toronto-Dominion Bank (The)                                                                              | CUSIP: 89115A3A8<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |   1429000 | PA      | $1437058.13   | 0.17%             | 2026-12-17      | Fixed         | 4.57%                 | No            |                  2 | On Loan: No      |
| Tricolor Auto Securitization Trust                                   | Tricolor Auto Securitization Trust, Series 2024-2A, Class A                                              | CUSIP: 89616PAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    150663 | PA      | $145512.60    | 0.02%             | 2027-12-15      | Fixed         | 6.36%                 | Yes           |                  2 | On Loan: No      |
| Tricolor Auto Securitization Trust                                   | Tricolor Auto Securitization Trust, Series 2025-1A, Class A                                              | CUSIP: 89617CAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1420474 | PA      | $850479.34    | 0.10%             | 2029-02-15      | Fixed         | 4.94%                 | Yes           |                  2 | On Loan: No      |
| UBS-Barclays Commercial Mortgage Trust                               | UBS-Barclays Commercial Mortgage Trust, Series 2013-C5, Class B                                          | CUSIP: 90270YAG4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1033347 | PA      | $975237.53    | 0.11%             | 2046-03-10      | Variable      | 3.65%                 | Yes           |                  2 | On Loan: No      |
| United States of America                                             | U.S. Treasury Bills                                                                                      | CUSIP: 912797PD3<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  28704500 | PA      | $28647868.89  | 3.33%             | 2026-01-22      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States of America                                             | U.S. Treasury Bills                                                                                      | CUSIP: 912797PM3<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  14023600 | PA      | $13957339.89  | 1.62%             | 2026-02-19      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States of America                                             | U.S. Treasury Bills                                                                                      | CUSIP: 912797PV3<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  30482200 | PA      | $30256009.88  | 3.52%             | 2026-03-19      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States of America                                             | U.S. Treasury Bills                                                                                      | CUSIP: 912797RH2<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  21937600 | PA      | $21924959.55  | 2.55%             | 2026-01-08      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States of America                                             | U.S. Treasury Bills                                                                                      | CUSIP: 912797RJ8<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  16518400 | PA      | $16497388.60  | 1.92%             | 2026-01-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States of America                                             | U.S. Treasury Bills                                                                                      | CUSIP: 912797RK5<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  26508400 | PA      | $26438370.11  | 3.07%             | 2026-01-29      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States of America                                             | U.S. Treasury Bills                                                                                      | CUSIP: 912797RT6<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  19337400 | PA      | $19258420.26  | 2.24%             | 2026-02-12      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States of America                                             | U.S. Treasury Bills                                                                                      | CUSIP: 912797RU3<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  13091200 | PA      | $13019499.50  | 1.51%             | 2026-02-26      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States of America                                             | U.S. Treasury Bills                                                                                      | CUSIP: 912797SB4<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  73227900 | PA      | $72730909.57  | 8.46%             | 2026-03-12      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States of America                                             | U.S. Treasury Notes                                                                                      | CUSIP: 91282CGP0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   9821100 | PA      | $9924853.05   | 1.15%             | 2028-02-29      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United States of America                                             | U.S. Treasury Notes                                                                                      | CUSIP: 91282CJA0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8503500 | PA      | $8746302.99   | 1.02%             | 2028-09-30      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| United States of America                                             | U.S. Treasury Notes                                                                                      | CUSIP: 91282CJF9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7281100 | PA      | $7541573.34   | 0.88%             | 2028-10-31      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| United States of America                                             | U.S. Treasury Notes                                                                                      | CUSIP: 91282CJV4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  22480500 | PA      | $22484461.06  | 2.61%             | 2026-01-31      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| United States of America                                             | U.S. Treasury Notes                                                                                      | CUSIP: 91282CKB6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  18816900 | PA      | $18840562.25  | 2.19%             | 2026-02-28      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| United States of America                                             | U.S. Treasury Notes                                                                                      | CUSIP: 91282CKH3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10815200 | PA      | $10837210.01  | 1.26%             | 2026-03-31      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| United States of America                                             | U.S. Treasury Notes                                                                                      | CUSIP: 91282CLB5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  17358500 | PA      | $17442006.54  | 2.03%             | 2026-07-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| United States of America                                             | U.S. Treasury Notes                                                                                      | CUSIP: 91282CMZ1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7975500 | PA      | $8044178.63   | 0.94%             | 2030-04-30      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| United States of America                                             | U.S. Treasury Notes                                                                                      | CUSIP: 91282CNP2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  29513400 | PA      | $29689822.25  | 3.45%             | 2027-07-31      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| VFI ABS LLC                                                          | VFI ABS LLC, Series 2025-1A, Class A                                                                     | CUSIP: 91824UAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1534916 | PA      | $1543767.92   | 0.18%             | 2030-06-24      | Fixed         | 4.78%                 | Yes           |                  2 | On Loan: No      |
| Vistra Operations Co. LLC                                            | Vistra Operations Co. LLC                                                                                | CUSIP: 92840VAT9<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201318.68    | 0.02%             | 2026-12-30      | Fixed         | 5.05%                 | Yes           |                  2 | On Loan: No      |
| Vistra Operations Co. LLC                                            | Vistra Operations Co. LLC                                                                                | CUSIP: 92840VAX0<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   1125000 | PA      | $1124782.43   | 0.13%             | 2028-10-15      | Fixed         | 4.30%                 | Yes           |                  2 | On Loan: No      |
| Wheels Fleet Lease Funding LLC                                       | Wheels Fleet Lease Funding LLC, Series 2024-1A, Class A1                                                 | CUSIP: 96328GBM8<br>LEI: 549300BSFY0E0XXREF43 | Long             | ABS-O            | CORP              | US        |   1459932 | PA      | $1478609.32   | 0.17%             | 2039-02-18      | Fixed         | 5.49%                 | Yes           |                  2 | On Loan: No      |
| Wisconsin Electric Power Co.                                         | Wisconsin Electric Power Co.                                                                             | CUSIP: 976656CV8<br>LEI: AENKIFMULUAWOUU8Q584 | Long             | DBT              | CORP              | US        |    551000 | PA      | $551361.13    | 0.06%             | 2029-03-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Xcel Energy, Inc.                                                    | Xcel Energy, Inc.                                                                                        | CUSIP: 98389BBD1<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | DBT              | CORP              | US        |   1374000 | PA      | $1390226.39   | 0.16%             | 2028-03-21      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                                  | U.S. Treasury 5 Year Note                                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |      -745 | NC      | $-923.80      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| INVESCO GOVT AND AGCY LEX                                            | INVESCO GOVERNMENT & AGENCY PORTFOLIO OPEN-END FUND USD                                                  | CUSIP: 825252885<br>LEI: O37NHJVF7S22I1ONOU83 | Long             | STIV             | RF                | US        |   1880190 | PA      | $1880190.00   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                  | U.S. Treasury 2 Year Note                                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       681 | NC      | $-24789.74    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                  | U.S. Treasury 10 Year Note                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       -37 | NC      | $28276.70     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                  | U.S. Treasury Ultra Bond                                                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |        -4 | NC      | $8650.09      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-30

**Name of Applicant:** EQ Advisors Trust

**Signature:** Brian Walsh

**Name of Signer:** Brian Walsh

**Title:** Chief Financial Officer and Treasurer