# EDGAR Filing Document

**Accession Number:** 0000751173
**File Stem:** 0000940400-26-011313
**Filing Date:** 2026-3
**Character Count:** 131465
**Document Hash:** 8351417d6ebb4a4ed23decd2c633dcae
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-011313.hdr.sgml**: 20260325

**ACCESSION NUMBER**: 0000940400-26-011313

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260130

**FILED AS OF DATE**: 20260325

**DATE AS OF CHANGE**: 20260325

**PERIOD START**: 20261031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MANNING & NAPIER FUND, INC.
- **CENTRAL INDEX KEY:** 0000751173

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04087
- **FILM NUMBER:** 26791862

**BUSINESS ADDRESS:**
- **STREET 1:** 290 WOODCLIFF DRIVE
- **CITY:** FAIRPORT
- **STATE:** NY
- **ZIP:** 14450
- **BUSINESS PHONE:** 585-325-6880

**MAIL ADDRESS:**
- **STREET 1:** 290 WOODCLIFF DRIVE
- **CITY:** FAIRPORT
- **STATE:** NY
- **ZIP:** 14450

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MANNING & NAPIER FUND, INC /NY/
- **DATE OF NAME CHANGE:** 20060929

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** EXETER FUND INC /NY/
- **DATE OF NAME CHANGE:** 19980226

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MANNING & NAPIER FUND INC
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### Pro-Blend(R) Conservative Term Series (Series ID: S000003625)

| Class ID   | Class Name                                    | Ticker Symbol   |
|:---|:---|:---|
| C000010083 | Pro-Blend(R) Conservative Term Series Class L | MNCCX           |
| C000010085 | Pro-Blend(R) Conservative Term Series Class R | MNCRX           |
| C000010087 | Pro-Blend(R) Conservative Term Series Class S | EXDAX           |
| C000059952 | Pro-Blend(R) Conservative Term Series Class I | MNCIX           |
| C000206442 | Class W                                       | MNCWX           |

## Nport-Ex

**Investment Portfolio - January 31, 2026**

(unaudited)

---

| | | |
|:---|:---|:---|
| PRO-BLEND<sup>®</sup> CONSERVATIVE TERM SERIES | SHARES/<br> PRINCIPAL<br> AMOUNT<sup>1</sup> | VALUE |
| **COMMON STOCKS - 21.8%** |  |  |
| **Communication Services - 1.9%** |  |  |
| &nbsp;&nbsp;&nbsp;**Interactive Media & Services - 1.9%** |  |  |
| &nbsp;&nbsp;&nbsp;Alphabet, Inc. - Class A | 6213 | $2099994 |
| &nbsp;&nbsp;&nbsp;Meta Platforms, Inc. - Class A | 3508 | 2513482 |
| &nbsp;&nbsp;&nbsp;Tencent Holdings Ltd. - ADR (China) | 13764 | 1051432 |
| **Total Communication Services** |  | 5664908 |
| **Consumer Discretionary - 2.5%** |  |  |
| &nbsp;&nbsp;&nbsp;**Broadline Retail - 1.4%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Amazon.com, Inc.<sup>\*</sup> | 12847 | 3074287 |
| &nbsp;&nbsp;&nbsp;&nbsp;MercadoLibre, Inc. (Brazil)<sup>\*</sup> | 514 | 1103964 |
|  |  | 4178251 |
| &nbsp;&nbsp;&nbsp;**Household Durables - 0.3%** |  |  |
| &nbsp;&nbsp;&nbsp;Persimmon plc - ADR (United Kingdom) | 23433 | 900765 |
| &nbsp;&nbsp;&nbsp;**Specialty Retail - 0.4%** |  |  |
| &nbsp;&nbsp;&nbsp;The TJX Companies, Inc. | 7225 | 1082377 |
| &nbsp;&nbsp;&nbsp;**Textiles, Apparel & Luxury Goods - 0.4%** | &nbsp;&nbsp;&nbsp;**Textiles, Apparel & Luxury Goods - 0.4%** |  |
| &nbsp;&nbsp;&nbsp;Hermes International SCA - ADR (France) | 4509 | 1082566 |
| **Total Consumer Discretionary** |  | 7243959 |
| **Financials - 3.8%** |  |  |
| &nbsp;&nbsp;&nbsp;**Banks - 0.5%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;NU Holdings Ltd. - Class A (Brazil)<sup>\*</sup> | 90758 | 1610955 |
| &nbsp;&nbsp;&nbsp;**Capital Markets - 1.7%** |  |  |
| &nbsp;&nbsp;&nbsp;BlackRock, Inc. | 1096 | 1226358 |
| &nbsp;&nbsp;&nbsp;Deutsche Boerse AG - ADR (Germany) | 17734 | 447783 |
| &nbsp;&nbsp;&nbsp;Intercontinental Exchange, Inc. | 3224 | 560267 |
| &nbsp;&nbsp;&nbsp;Moody's Corp. | 2234 | 1151761 |
| &nbsp;&nbsp;&nbsp;Nasdaq, Inc. | 5985 | 579887 |
| &nbsp;&nbsp;&nbsp;S&P Global, Inc. | 1719 | 907271 |
|  |  | 4873327 |
| &nbsp;&nbsp;&nbsp;**Financial Services - 1.4%** |  |  |
| &nbsp;&nbsp;&nbsp;Mastercard, Inc. - Class A | 4122 | 2220893 |
| &nbsp;&nbsp;&nbsp;Visa, Inc. - Class A | 5740 | 1847304 |
|  |  | 4068197 |
| &nbsp;&nbsp;&nbsp;**Insurance - 0.2%** |  |  |
| &nbsp;&nbsp;&nbsp;First American Financial Corp. | 8835 | 558195 |
| **Total Financials** |  | 11110674 |
| **Health Care - 3.1%** |  |  |
| &nbsp;&nbsp;&nbsp;**Biotechnology - 0.6%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Vertex Pharmaceuticals, Inc.<sup>\*</sup> | 3955 | 1858455 |
| &nbsp;&nbsp;&nbsp;**Health Care Equipment & Supplies - 0.4%** | &nbsp;&nbsp;&nbsp;**Health Care Equipment & Supplies - 0.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;The Cooper Companies, Inc.<sup>\*</sup> | 13188 | 1073239 |
| &nbsp;&nbsp;&nbsp;**Health Care Providers & Services - 0.8%** | &nbsp;&nbsp;&nbsp;**Health Care Providers & Services - 0.8%** |  |
| &nbsp;&nbsp;&nbsp;Elevance Health, Inc. | 4344 | 1501895 |
| &nbsp;&nbsp;&nbsp;UnitedHealth Group, Inc. | 2422 | 694944 |
|  |  | 2196839 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | SHARES/<br> PRINCIPAL<br> AMOUNT<sup>1</sup> | VALUE | VALUE |
| **COMMON STOCKS** (continued) |  |  |  |
| **Health Care** (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;**Pharmaceuticals - 1.3%** |  |  |  |
| &nbsp;&nbsp;&nbsp;AstraZeneca plc - ADR (United Kingdom) | 13286 | $| 1232542 |
| &nbsp;&nbsp;&nbsp;GSK plc - ADR | 11025 |  | 568890 |
| &nbsp;&nbsp;&nbsp;Roche Holding AG - ADR | 37135 |  | 2107411 |
|  |  |  | 3908843 |
| T**otal Health Care** |  |  | 9037376 |
| **Industrials - 2.1%** |  |  |  |
| &nbsp;&nbsp;&nbsp;**Aerospace & Defense - 0.6%** |  |  |  |
| &nbsp;&nbsp;&nbsp;BAE Systems plc - ADR (United Kingdom) | 9525 |  | 1035177 |
| &nbsp;&nbsp;&nbsp;HEICO Corp. - Class A | 2167 |  | 551697 |
|  |  |  | 1586874 |
| &nbsp;&nbsp;&nbsp;**Air Freight & Logistics - 0.8%** |  |  |  |
| &nbsp;&nbsp;&nbsp;Deutsche Post AG - ADR (Germany) | 9780 |  | 547778 |
| &nbsp;&nbsp;&nbsp;United Parcel Service, Inc. - Class B | 17962 |  | 1907923 |
|  |  |  | 2455701 |
| &nbsp;&nbsp;&nbsp;**Commercial Services & Supplies - 0.2%** | &nbsp;&nbsp;&nbsp;**Commercial Services & Supplies - 0.2%** |  |  |
| &nbsp;&nbsp;&nbsp;Rollins, Inc. | 10103 |  | 639924 |
| &nbsp;&nbsp;&nbsp;**Professional Services - 0.3%** |  |  |  |
| &nbsp;&nbsp;&nbsp;TransUnion | 11533 |  | 911338 |
| &nbsp;&nbsp;&nbsp;**Trading Companies & Distributors - 0.2%** | &nbsp;&nbsp;&nbsp;**Trading Companies & Distributors - 0.2%** |  |  |
| &nbsp;&nbsp;&nbsp;MonotaRO Co. Ltd. - ADR (Japan) | 38113 |  | 513382 |
| **Total Industrials** |  |  | 6107219 |
| **Information Technology - 5.8%** |  |  |  |
| &nbsp;&nbsp;&nbsp;**Electronic Equipment, Instruments &<br> Components - 0.4%** | &nbsp;&nbsp;&nbsp;**Electronic Equipment, Instruments &<br> Components - 0.4%** | &nbsp;&nbsp;&nbsp;**Electronic Equipment, Instruments &<br> Components - 0.4%** | &nbsp;&nbsp;&nbsp;**Electronic Equipment, Instruments &<br> Components - 0.4%** |
| &nbsp;&nbsp;&nbsp;Amphenol Corp. - Class A | 4086 |  | 588711 |
| &nbsp;&nbsp;&nbsp;Halma plc - ADR (United Kingdom) | 5725 |  | 562653 |
|  |  |  | 1151364 |
| &nbsp;&nbsp;&nbsp;**Semiconductors & Semiconductor <br> Equipment - 3.0%** | &nbsp;&nbsp;&nbsp;**Semiconductors & Semiconductor <br> Equipment - 3.0%** | &nbsp;&nbsp;&nbsp;**Semiconductors & Semiconductor <br> Equipment - 3.0%** | &nbsp;&nbsp;&nbsp;**Semiconductors & Semiconductor <br> Equipment - 3.0%** |
| &nbsp;&nbsp;&nbsp;Applied Materials, Inc. | 2866 |  | 923769 |
| &nbsp;&nbsp;&nbsp;ASML Holding N.V. (Netherlands) | 668 |  | 950564 |
| &nbsp;&nbsp;&nbsp;Lam Research Corp. | 4171 |  | 973761 |
| &nbsp;&nbsp;&nbsp;NVIDIA Corp. | 18575 |  | 3550240 |
| &nbsp;&nbsp;&nbsp;Taiwan Semiconductor Manufacturing Co. Ltd. - ADR (Taiwan) | 6684 |  | 2209463 |
|  |  |  | 8607797 |
| &nbsp;&nbsp;&nbsp;**Software - 2.4%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Atlassian Corp. - Class A <sup>\*</sup> | 3305 |  | 390585 |
| &nbsp;&nbsp;&nbsp;Bentley Systems, Inc. - Class B | 21511 |  | 755466 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cadence Design Systems, Inc.<sup>\*</sup> | 3598 |  | 1066303 |
| &nbsp;&nbsp;&nbsp;Microsoft Corp. | 6925 |  | 2979758 |
| &nbsp;&nbsp;&nbsp;&nbsp;ServiceNow, Inc.<sup>\*</sup> | 6760 |  | 790988 |
| &nbsp;&nbsp;&nbsp;&nbsp;Workday, Inc. - Class A<sup>\*</sup> | 5566 |  | 977557 |
|  |  |  | 6960657 |
| **Total Information Technology** |  |  | 16719818 |

---

 **1**

**Investment Portfolio - January 31, 2026**

(unaudited)

---

| | | | |
|:---|:---|:---|:---|
| PRO-BLEND<sup>®</sup> CONSERVATIVE TERM SERIES | SHARES/<br> PRINCIPAL<br> AMOUNT<sup>1</sup> | VALUE | VALUE |
| **COMMON STOCKS** (continued) |  |  |  |
| **Materials - 1.6%** |  |  |  |
| &nbsp;&nbsp;&nbsp;**Chemicals - 1.2%** |  |  |  |
| &nbsp;&nbsp;&nbsp;Air Liquide S.A. - ADR (France) | 28832 | $| 1078029 |
| &nbsp;&nbsp;&nbsp;Albemarle Corp. | 7419 |  | 1265904 |
| &nbsp;&nbsp;&nbsp;The Sherwin-Williams Co. | 1616 |  | 573098 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sociedad Quimica y Minera de Chile S.A. - ADR (Chile)<sup>\*</sup> | 7312 |  | 561854 |
|  |  |  | 3478885 |
| &nbsp;&nbsp;&nbsp;**Paper & Forest Products - 0.4%** |  |  |  |
| &nbsp;&nbsp;&nbsp;West Fraser Timber Co. Ltd. (Canada) | 15378 |  | 1051240 |
| **Total Materials** |  |  | 4530125 |
| **Real Estate - 0.8%** |  |  |  |
| &nbsp;&nbsp;&nbsp;**Real Estate Management & Development - 0.4%** | &nbsp;&nbsp;&nbsp;**Real Estate Management & Development - 0.4%** | &nbsp;&nbsp;&nbsp;**Real Estate Management & Development - 0.4%** | &nbsp;&nbsp;&nbsp;**Real Estate Management & Development - 0.4%** |
| &nbsp;&nbsp;&nbsp;&nbsp;CBRE Group, Inc. - Class A<sup>\*</sup> | 6908 |  | 1176640 |
| &nbsp;&nbsp;&nbsp;**Specialized REITs - 0.4%** |  |  |  |
| &nbsp;&nbsp;&nbsp;Weyerhaeuser Co. | 39716 |  | 1023878 |
| **Total Real Estate** |  |  | 2200518 |
| **Utilities - 0.2%** |  |  |  |
| &nbsp;&nbsp;&nbsp;**Water Utilities - 0.2%** |  |  |  |
| &nbsp;&nbsp;&nbsp;Cia de Saneamento Basico do Estado de Sao Paulo SABESP - ADR (Brazil) | 23294 |  | 625677 |
| **TOTAL COMMON STOCKS** |  |  |  |
| &nbsp;&nbsp;&nbsp;(Identified Cost $52,456,556) |  |  | **63240274** |
| **CORPORATE BONDS - 19.4%** |  |  |  |
| **Non-Convertible Corporate Bonds - 19.4%** | **Non-Convertible Corporate Bonds - 19.4%** | **Non-Convertible Corporate Bonds - 19.4%** | **Non-Convertible Corporate Bonds - 19.4%** |
| **Communication Services - 0.5%** |  |  |  |
| &nbsp;&nbsp;&nbsp;**Entertainment - 0.4%** |  |  |  |
| &nbsp;&nbsp;&nbsp;The Walt Disney Co., 6.65%, 11/15/2037 | 920000 |  | 1046020 |
| &nbsp;&nbsp;&nbsp;**Media - 0.1%** |  |  |  |
| &nbsp;&nbsp;&nbsp;Open Infra U.S. Assets AB, 11.00%, 2/22/2027 | 400000 |  | 398714 |
| **Total Communication Services** |  |  | 1444734 |
| **Consumer Discretionary - 1.2%** |  |  |  |
| &nbsp;&nbsp;&nbsp;**Diversified Consumer Services - 0.8%** |  |  |  |
| &nbsp;&nbsp;&nbsp;Cornell Univ., 4.169%, 6/15/2030 | 2220000 |  | 2226253 |
| &nbsp;&nbsp;&nbsp;**Household Durables - 0.4%** |  |  |  |
| &nbsp;&nbsp;&nbsp;DR Horton, Inc., 4.85%, 10/15/2030 | 1160000 |  | 1186738 |
| **Total Consumer Discretionary** |  |  | 3412991 |
| **Energy - 2.2%** |  |  |  |
| &nbsp;&nbsp;&nbsp;**Oil, Gas & Consumable Fuels - 2.2%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Cameron LNG LLC, 3.302%, 1/15/2035<sup>2</sup> | 1270000 |  | 1113253 |
| &nbsp;&nbsp;&nbsp;Cenovus Energy, Inc. (Canada), 6.75%, 11/15/2039 | 1810000 |  | 1984914 |
| &nbsp;&nbsp;&nbsp;Energy Transfer LP |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.50%, 2/1/2042 | 1890000 |  | 1998006 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.30%, 1/15/2056 | 1100000 |  | 1099006 |

---

---

| | | |
|:---|:---|:---|
|  | SHARES/<br> PRINCIPAL<br> AMOUNT<sup>1</sup> | VALUE |
| **CORPORATE BONDS** (continued) |  |  |
| **Non-Convertible Corporate Bonds** (continued) | **Non-Convertible Corporate Bonds** (continued) | **Non-Convertible Corporate Bonds** (continued) |
| **Energy** (continued) |  |  |
| &nbsp;&nbsp;&nbsp;**Oil, Gas & Consumable Fuels** (continued) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;New Fortress Energy, Inc., 8.75%, 3/15/2029 (Acquired 03/05/2024-03/06/2024, cost $346,094)<sup>3</sup> | 345000 | $25268 |
| **Total Energy** |  | 6220447 |
| **Financials - 8.6%** |  |  |
| &nbsp;&nbsp;&nbsp;**Banks - 5.4%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of America Corp., (U.S. Secured Overnight Financing Rate + 1.320%), 2.687%, 4/22/2032<sup>4</sup> | 2050000 | 1879675 |
| &nbsp;&nbsp;&nbsp;&nbsp;Citigroup, Inc., (U.S. Secured Overnight Financing Rate + 0.770%), 1.462%, 6/9/2027<sup>4</sup> | 1870000 | 1853093 |
| &nbsp;&nbsp;&nbsp;&nbsp;Citizens Financial Group, Inc., (5 yr. U.S. Treasury Yield Curve Rate T Note Constant Maturity + 1.450%), 5.299%, 1/29/2036<sup>4</sup> | 1100000 | 1105195 |
| &nbsp;&nbsp;&nbsp;Huntington Bancshares, Inc., 2.55%, 2/4/2030 | 1420000 | 1324725 |
| &nbsp;&nbsp;&nbsp;&nbsp;JPMorgan Chase & Co., (3 mo. U.S. Secured Overnight Financing Rate + 3.790%), 4.493%, 3/24/2031<sup>4</sup> | 2180000 | 2196279 |
| &nbsp;&nbsp;&nbsp;&nbsp;Morgan Stanley Private Bank NA, (U.S. Secured Overnight Financing Rate + 0.762%), 4.213%, 2/8/2030<sup>4</sup> | 1640000 | 1639492 |
| &nbsp;&nbsp;&nbsp;&nbsp;The PNC Financial Services Group, Inc., (U.S. Secured Overnight Financing Rate + 1.333%), 4.899%, 5/13/2031<sup>4</sup> | 1800000 | 1837612 |
| &nbsp;&nbsp;&nbsp;&nbsp;Truist Financial Corp., (U.S. Secured Overnight Financing Rate + 0.862%), 1.887%, 6/7/2029<sup>4</sup> | 1970000 | 1874427 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Bancorp, (U.S. Secured Overnight Financing Rate + 1.230%), 4.653%, 2/1/2029<sup>4</sup> | 1890000 | 1912629 |
|  |  | 15623127 |
| &nbsp;&nbsp;&nbsp;**Capital Markets - 1.0%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;The Depository Trust & Clearing Corp., (5 yr. U.S. Treasury Yield Curve Rate T Note Constant Maturity + 2.606%), 3.375%<sup>2,4,5</sup> | 500000 | 496343 |
| &nbsp;&nbsp;&nbsp;&nbsp;Icahn Enterprises LP - Icahn Enterprises Finance Corp., 10.00%, 11/15/2029<sup>2</sup> | 330000 | 332961 |
| &nbsp;&nbsp;&nbsp;Jefferies Financial Group, Inc., 6.20%, 4/14/2034 | 2080000 | 2187894 |
|  |  | 3017198 |
| &nbsp;&nbsp;&nbsp;**Consumer Finance - 0.8%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Capital One Financial Corp., (U.S. Secured Overnight Financing Rate + 2.860%), 6.377%, 6/8/2034<sup>4</sup> | 2250000 | 2414777 |
| &nbsp;&nbsp;&nbsp;**Diversified Financial Services - 0.4%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Atlas Warehouse Lending Co. LP, 4.95%, 11/15/2030<sup>2</sup> | 1100000 | 1105005 |

---

 **2**

**Investment Portfolio - January 31, 2026**

(unaudited)

---

| | | | |
|:---|:---|:---|:---|
| PRO-BLEND<sup>®</sup> CONSERVATIVE TERM SERIES | SHARES/<br> PRINCIPAL<br> AMOUNT<sup>1</sup> | VALUE | VALUE |
| **CORPORATE BONDS** (continued) |  |  |  |
| **Non-Convertible Corporate Bonds** (continued) | **Non-Convertible Corporate Bonds** (continued) | **Non-Convertible Corporate Bonds** (continued) | **Non-Convertible Corporate Bonds** (continued) |
| **Financials** (continued) |  |  |  |
| &nbsp;&nbsp;&nbsp;**Financial Services - 0.5%** |  |  |  |
| &nbsp;&nbsp;&nbsp;Apollo Global Management, Inc., 5.15%, 8/12/2035 | 1110000 | $| 1104977 |
| &nbsp;&nbsp;&nbsp;Golden Pear Funding HoldCo LLC, 10.00%, 3/2/2028 | 230000 |  | 242214 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Claims Litigation Funding LLC, 10.25%, 3/17/2028 (Acquired 03/14/2023, cost $250,000)<sup>3</sup> | 250000 |  | 218181 |
|  |  |  | 1565372 |
| &nbsp;&nbsp;&nbsp;**Insurance - 0.5%** |  |  |  |
| &nbsp;&nbsp;&nbsp;SiriusPoint Ltd. (Sweden), 7.00%, 4/5/2029 | 1220000 |  | 1291916 |
| **Total Financials** |  |  | 25017395 |
| **Health Care - 0.4%** |  |  |  |
| &nbsp;&nbsp;&nbsp;**Health Care Equipment & Supplies - 0.4%** | &nbsp;&nbsp;&nbsp;**Health Care Equipment & Supplies - 0.4%** | &nbsp;&nbsp;&nbsp;**Health Care Equipment & Supplies - 0.4%** | &nbsp;&nbsp;&nbsp;**Health Care Equipment & Supplies - 0.4%** |
| &nbsp;&nbsp;&nbsp;&nbsp;180 Medical, Inc. (United Kingdom), 3.875%, 10/15/2029<sup>2</sup> | 1160000 |  | 1130664 |
| **Industrials - 0.8%** |  |  |  |
| &nbsp;&nbsp;&nbsp;**Construction Materials - 0.4%** |  |  |  |
| &nbsp;&nbsp;&nbsp;Eagle Materials, Inc., 5.00%, 3/15/2036 | 1110000 |  | 1087429 |
| &nbsp;&nbsp;&nbsp;**Passenger Airlines - 0.0%##** |  |  |  |
| &nbsp;&nbsp;&nbsp;United Airlines Pass-Through Trust, Series 2018-1, Class B, 4.60%, 3/1/2026 | 45071 |  | 45121 |
| &nbsp;&nbsp;&nbsp;**Trading Companies & Distributors - 0.4%** | &nbsp;&nbsp;&nbsp;**Trading Companies & Distributors - 0.4%** |  |  |
| &nbsp;&nbsp;&nbsp;AerCap Ireland Capital DAC - AerCap Global Aviation Trust (Ireland), 3.00%, 10/29/2028 | 1280000 |  | 1241664 |
| **Total Industrials** |  |  | 2374214 |
| **Information Technology - 0.4%** |  |  |  |
| &nbsp;&nbsp;&nbsp;**Software - 0.4%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Constellation Software, Inc. (Canada), 5.461%, 2/16/2034<sup>2</sup> | 1100000 |  | 1107406 |
| **Materials - 1.1%** |  |  |  |
| &nbsp;&nbsp;&nbsp;**Metals & Mining - 1.1%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Corp. Nacional del Cobre de Chile (Chile), 5.529%, 1/30/2037<sup>2</sup> | 1625000 |  | 1631579 |
| &nbsp;&nbsp;&nbsp;&nbsp;Newcastle Coal Infrastructure Group Pty Ltd. (Australia), 4.40%, 9/29/2027<sup>2</sup> | 1585813 |  | 1583015 |
| &nbsp;&nbsp;&nbsp;&nbsp;Northwest Acquisitions ULC - Dominion Finco, Inc., 7.125%, 11/1/2022 (Acquired 10/10/2017-05/13/2020, cost $212,263)<sup>3,6</sup> | 880000 |  | 9 |
| **Total Materials** |  |  | 3214603 |

---

---

| | | |
|:---|:---|:---|
|  | SHARES/<br> PRINCIPAL<br> AMOUNT<sup>1</sup> | VALUE |
| **CORPORATE BONDS** (continued) |  |  |
| **Non-Convertible Corporate Bonds** (continued) | **Non-Convertible Corporate Bonds** (continued) |  |
| **Real Estate - 2.1%** |  |  |
| &nbsp;&nbsp;&nbsp;**Industrial REITs - 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp;IIP Operating Partnership LP, 5.50%, 5/25/2026 | 460000 | $456034 |
| &nbsp;&nbsp;&nbsp;**Retail REITs - 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp;Simon Property Group LP, 2.65%, 2/1/2032 | 210000 | 189299 |
| &nbsp;&nbsp;&nbsp;**Specialized REITs - 1.9%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Pelorus Fund REIT LLC, 7.00%, 9/30/2026 (Acquired 07/08/2022, cost $399,500)<sup>3</sup> | 470000 | 470055 |
| &nbsp;&nbsp;&nbsp;Safehold GL Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.85%, 1/15/2032 | 880000 | 794869 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.10%, 4/1/2034 | 1221000 | 1298593 |
| &nbsp;&nbsp;&nbsp;SBA Tower Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.599%, 1/15/2028<sup>2</sup> | 1810000 | 1850774 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.831%, 10/15/2029<sup>2</sup> | 990000 | 994235 |
|  |  | 5408526 |
| **Total Real Estate** |  | 6053859 |
| **Utilities - 2.1%** |  |  |
| &nbsp;&nbsp;&nbsp;**Electric Utilities - 1.3%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Alexander Funding Trust II, 7.467%, 7/31/2028<sup>2</sup> | 1230000 | 1309124 |
| &nbsp;&nbsp;&nbsp;Duke Energy Florida LLC, 6.40%, 6/15/2038 | 2100000 | 2333950 |
|  |  | 3643074 |
| &nbsp;&nbsp;&nbsp;**Independent Power and Renewable Electricity Producers - 0.8%** | &nbsp;&nbsp;&nbsp;**Independent Power and Renewable Electricity Producers - 0.8%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Palomino Funding Trust I, 7.233%, 5/17/2028<sup>2</sup> | 2290000 | 2421591 |
| **Total Utilities** |  | 6064665 |
| **TOTAL CORPORATE BONDS** |  |  |
| &nbsp;&nbsp;&nbsp;(Identified Cost $55,587,955) |  | **56040978** |
| **U.S. TREASURY SECURITIES - 30.3%** |  |  |
| **U.S. Treasury Notes - 30.3%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Floating Rate Note (3 mo. U.S. Treasury Bill Yield + 0.159%), 3.792%, 7/31/2027<sup>7</sup> | 4444000 | 4449486 |
| &nbsp;&nbsp;&nbsp;U.S. Treasury Inflation Indexed Note, 1.625%, 4/15/2030 | 7001143 | 7109169 |
| &nbsp;&nbsp;&nbsp;U.S. Treasury Note |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.125%, 11/15/2028 | 8840000 | 8730881 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.75%, 11/15/2029 | 9380000 | 8748316 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.875%, 11/15/2030 | 14236000 | 12434256 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.375%, 11/15/2031 | 13393000 | 11642493 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.125%, 11/15/2032 | 11597000 | 11673105 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50%, 11/15/2033 | 11261000 | 11560120 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.25%, 11/15/2034 | 11508000 | 11560146 |
| **TOTAL U.S. TREASURY SECURITIES** |  |  |
| &nbsp;&nbsp;&nbsp;(Identified Cost $87,488,342) |  | **87907972** |

---

 **3**

**Investment Portfolio - January 31, 2026**

(unaudited)

---

| | | | |
|:---|:---|:---|:---|
| PRO-BLEND<sup>®</sup> CONSERVATIVE TERM SERIES | SHARES/<br> PRINCIPAL<br> AMOUNT<sup>1</sup> | VALUE | VALUE |
| **ASSET-BACKED SECURITIES - 7.3%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;ALLO Issuer LLC, Series 2023-1A, Class A2, 6.20%, 6/20/2053<sup>2</sup> | 1550000 | $| 1567755 |
| &nbsp;&nbsp;&nbsp;&nbsp;Capteris Equipment Finance LLC, Series 2024-1A, Class A2, 5.58%, 7/20/2032<sup>2</sup> | 839594 |  | 853822 |
| &nbsp;&nbsp;&nbsp;&nbsp;CF Hippolyta Issuer LLC, Series 2020-1, Class B1, 2.28%, 7/15/2060<sup>2</sup> | 2698356 |  | 1700222 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cogent Ipv4 LLC, Series 2024-1A, Class A2, 7.924%, 5/25/2054<sup>2</sup> | 850000 |  | 883858 |
| &nbsp;&nbsp;&nbsp;&nbsp;Commonbond Student Loan Trust, Series 2019-AGS, Class A1, 2.54%, 1/25/2047<sup>2</sup> | 483736 |  | 450658 |
| &nbsp;&nbsp;&nbsp;DataBank Issuer |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-2A, Class A2, 2.40%, 10/25/2051<sup>2</sup> | 1630000 |  | 1602767 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2023-1A, Class A2, 5.116%, 2/25/2053<sup>2</sup> | 1500000 |  | 1496025 |
| &nbsp;&nbsp;&nbsp;&nbsp;ECMC Group Student Loan Trust, Series 2025-2A, Class A, (U.S. Secured Overnight Financing Rate 30 Day Average + 1.050%), 4.747%, 11/25/2074<sup>2,7</sup> | 1460610 |  | 1465604 |
| &nbsp;&nbsp;&nbsp;&nbsp;Flexential Issuer, Series 2021-1A, Class A2, 3.25%, 11/27/2051<sup>2</sup> | 1188571 |  | 1172372 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hageman Capital Issuer Trust, Series 2025-1, Class A, 6.40%, 8/9/2056<sup>2</sup> | 940000 |  | 930953 |
| &nbsp;&nbsp;&nbsp;&nbsp;Navient Education Loan Trust, Series 2025-A, Class A, 5.02%, 7/15/2055<sup>2</sup> | 1044312 |  | 1056624 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nelnet Student Loan Trust, Series 2006- 2, Class A7, (U.S. Secured Overnight Financing Rate 90 Day Average + 0.842%), 4.729%, 1/26/2037<sup>2,7</sup> | 1274128 |  | 1260309 |
| &nbsp;&nbsp;&nbsp;&nbsp;Oxford Finance Credit Fund III LP, Series 2024-A, Class A2, 6.675%, 1/14/2032<sup>2</sup> | 219599 |  | 223215 |
| &nbsp;&nbsp;&nbsp;Oxford Finance Funding LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2022-1A, Class A2, 3.602%, 2/15/2030<sup>2</sup> | 1283439 |  | 1263387 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2023-1A, Class A2, 6.716%, 2/15/2031<sup>2</sup> | 1862361 |  | 1879190 |
| &nbsp;&nbsp;&nbsp;PEAR LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-1, Class A, 2.60%, 1/15/2034<sup>2</sup> | 108241 |  | 108029 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2023-1, Class A, 7.42%, 7/15/2035<sup>2</sup> | 886591 |  | 908224 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2024-1, Class A, 6.95%, 2/15/2036<sup>2</sup> | 372731 |  | 376701 |
| &nbsp;&nbsp;&nbsp;Store Master Funding I-VII and XIV, |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2019-1, Class A1, 2.82%, 11/20/2049<sup>2</sup> | 2063602 |  | 2030569 |
| **TOTAL ASSET-BACKED SECURITIES** |  |  |  |
| &nbsp;&nbsp;&nbsp;(Identified Cost $22,077,970) |  |  | **21230284** |
| **COMMERCIAL MORTGAGE-BACKED SECURITIES - 8.0%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES - 8.0%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES - 8.0%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES - 8.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp;BMO Mortgage Trust, Series 2024-5C7, Class A3, 5.566%, 11/15/2057<sup>8</sup> | 570000 |  | 591903 |
| &nbsp;&nbsp;&nbsp;&nbsp;CIM Trust, Series 2019-INV1, Class A1, 4.00%, 2/25/2049<sup>2,8</sup> | 34155 |  | 32721 |

---

---

| | | |
|:---|:---|:---|
|  | SHARES/<br> PRINCIPAL<br> AMOUNT<sup>1</sup> | VALUE |
| **COMMERCIAL MORTGAGE-BACKED SECURITIES** (continued) | **COMMERCIAL MORTGAGE-BACKED SECURITIES** (continued) | **COMMERCIAL MORTGAGE-BACKED SECURITIES** (continued) |
| &nbsp;&nbsp;&nbsp;Credit Suisse Mortgage Capital Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2013-IVR3, Class A1, 2.50%, 5/25/2043<sup>2,8</sup> | 243556 | $221383 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2013-TH1, Class A1, 2.13%, 2/25/2043<sup>2,8</sup> | 140745 | 125610 |
| &nbsp;&nbsp;&nbsp;Fannie Mae REMICS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2018-13, Class PA, 3.00%, 3/25/2048 | 1402509 | 1262258 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2018-31, Class KP, 3.50%, 7/25/2047 | 12274 | 12179 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-69, Class WJ, 1.50%, 10/25/2050 | 944603 | 827022 |
| &nbsp;&nbsp;&nbsp;&nbsp;Finance of America Structured Securities Trust, Series 2022-S6, Class A1, 3.00%, 7/25/2061<sup>2</sup> | 1048047 | 1055037 |
| &nbsp;&nbsp;&nbsp;Freddie Mac REMICS, Series 5189, Class CP, 2.50%, 6/25/2049 | 1515650 | 1352589 |
| &nbsp;&nbsp;&nbsp;GS Mortgage-Backed Securities Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-INV1, Class A9, (U.S. Secured Overnight Financing Rate 30 Day Average + 0.850%), 4.724%, 12/25/2051<sup>2,7</sup> | 1252911 | 1172669 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-PJ6, Class A8, 2.50%, 11/25/2051<sup>2,8</sup> | 961970 | 874152 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-PJ9, Class A8, 2.50%, 2/26/2052<sup>2,8</sup> | 979121 | 885830 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2022-PJ1, Class A8, 2.50%, 5/28/2052<sup>2,8</sup> | 1522057 | 1367327 |
| &nbsp;&nbsp;&nbsp;Imperial Fund Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-NQM3, Class A1, 1.595%, 11/25/2056<sup>2,8</sup> | 1052312 | 920915 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2022-NQM1, Class A1, 2.493%, 2/25/2067<sup>2,8</sup> | 1871199 | 1740863 |
| &nbsp;&nbsp;&nbsp;JP Morgan Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2014-2, Class 1A1, 3.00%, 6/25/2029<sup>2,8</sup> | 54627 | 53982 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2017-3, Class 1A3, 3.50%, 8/25/2047<sup>2,8</sup> | 24121 | 22011 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2017-6, Class A3, 3.50%, 12/25/2048<sup>2,8</sup> | 54657 | 49613 |
| &nbsp;&nbsp;&nbsp;New Residential Mortgage Loan Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2014-3A, Class AFX3, 3.75%, 11/25/2054<sup>2,8</sup> | 220962 | 214029 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2015-2A, Class A1, 3.75%, 8/25/2055<sup>2,8</sup> | 204272 | 200209 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2016-4A, Class A1, 3.75%, 11/25/2056<sup>2,8</sup> | 298979 | 289444 |
| &nbsp;&nbsp;&nbsp;&nbsp;NYMT Loan Trust, Series 2022-CP1, Class A1, 2.042%, 7/25/2061<sup>2</sup> | 954390 | 903039 |
| &nbsp;&nbsp;&nbsp;OBX Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2022-INV1, Class A1, 3.00%, 12/25/2051<sup>2,8</sup> | 1845818 | 1612838 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2024-NQM1, Class A1, 5.928%, 11/25/2063<sup>2,9</sup> | 832481 | 838219 |
| &nbsp;&nbsp;&nbsp;&nbsp;PCG LLC, Series 2023-1, (1 mo. U.S. Secured Overnight Financing Rate + 6.000%), 9.673%, 7/25/2029 (Acquired 07/24/2023, cost $170,848)<sup>3,7</sup> | 170848 | 170833 |

---

 **4**

**Investment Portfolio - January 31, 2026**

(unaudited)

---

| | | | |
|:---|:---|:---|:---|
| PRO-BLEND<sup>®</sup> CONSERVATIVE TERM SERIES | SHARES/<br> PRINCIPAL<br> AMOUNT<sup>1</sup> | SHARES/<br> PRINCIPAL<br> AMOUNT<sup>1</sup> | VALUE |
| **COMMERCIAL MORTGAGE-BACKED SECURITIES** (continued) | **COMMERCIAL MORTGAGE-BACKED SECURITIES** (continued) | **COMMERCIAL MORTGAGE-BACKED SECURITIES** (continued) | **COMMERCIAL MORTGAGE-BACKED SECURITIES** (continued) |
| &nbsp;&nbsp;&nbsp;&nbsp;PMT Loan Trust, Series 2013-J1, Class A9, 3.50%, 9/25/2043<sup>2,8</sup> |  | 508484 | $473642 |
| &nbsp;&nbsp;&nbsp;Provident Funding Mortgage Trust |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-2, Class A2A, 2.00%, 4/25/2051<sup>2,8</sup> |  | 1220409 | 1068455 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2021-INV1, Class A1, 2.50%, 8/25/2051<sup>2,8</sup> |  | 2131462 | 1787456 |
| &nbsp;&nbsp;&nbsp;Sequoia Mortgage Trust |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2013-2, Class A, 1.874%, 2/25/2043<sup>8</sup> |  | 113263 | 99459 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2013-6, Class A2, 3.00%, 5/25/2043<sup>8</sup> |  | 920954 | 841432 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2013-7, Class A2, 3.00%, 6/25/2043<sup>8</sup> |  | 135293 | 123608 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2013-8, Class A1, 3.00%, 6/25/2043<sup>8</sup> |  | 177875 | 162813 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-1, Class A1, 3.50%, 2/25/2050<sup>2,8</sup> |  | 51652 | 47126 |
| &nbsp;&nbsp;&nbsp;&nbsp;Starwood Retail Property Trust, Series 2014-STAR, Class A, (Prime Rate + 0.000%), 6.75%, 11/15/2027<sup>2,7</sup> |  | 1036548 | 519234 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sutherland Commercial Mortgage Trust, Series 2019-SBC8, Class A, 2.86%, 4/25/2041<sup>2,8</sup> |  | 1030042 | 988112 |
| &nbsp;&nbsp;&nbsp;&nbsp;Towd Point Mortgage Trust, Series 2019-HY1, Class A1, (1 mo. U.S. Secured Overnight Financing Rate + 1.114%), 4.787%, 10/25/2048<sup>2,7</sup> |  | 217780 | 218165 |
| &nbsp;&nbsp;&nbsp;&nbsp;WinWater Mortgage Loan Trust, Series 2015-1, Class A1, 3.50%, 1/20/2045<sup>2,8</sup> |  | 86122 | 80919 |
| **TOTAL COMMERCIAL MORTGAGE-BACKED SECURITIES** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Identified Cost $25,770,874) |  |  | **23207096** |
| **FOREIGN GOVERNMENT BONDS - 0.5%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Eagle Funding Luxco S.A.R.L (Mexico), 5.50%, 8/17/2030<sup>2</sup> |  | 1375000 | 1396323 |
| &nbsp;&nbsp;&nbsp;Mexican Bonos, Series M, (Mexico), 7.75%, 5/29/2031 | MXN | 908000 | 50661 |
| **TOTAL FOREIGN GOVERNMENT BONDS** |  |  |  |
| &nbsp;&nbsp;&nbsp;(Identified Cost $1,443,618) |  |  | **1446984** |
| **MUNICIPAL BONDS - 1.2%** |  |  |  |
| &nbsp;&nbsp;&nbsp;South Carolina Public Service Authority, Series B, Revenue Bond, 1.852%, 12/1/2026 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Identified Cost $3,460,000) |  | 3460000 | **3403239** |

---

---

| | | |
|:---|:---|:---|
|  | SHARES/<br> PRINCIPAL<br> AMOUNT<sup>1</sup> | VALUE |
| **U.S. GOVERNMENT AGENCIES - 8.1%** |  |  |
| **Mortgage-Backed Securities - 8.1%** |  |  |
| &nbsp;&nbsp;&nbsp;Fannie Mae |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #MA1834, UMBS, 4.50%, 2/1/2034 | 167226 | $168851 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #MA1903, UMBS, 4.50%, 5/1/2034 | 147179 | 148617 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #886904, UMBS, 6.50%, 9/1/2036 | 23894 | 25511 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #933521, UMBS, 5.00%, 1/1/2038 | 4965 | 5066 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #889260, UMBS, 5.00%, 4/1/2038 | 4846 | 4945 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #889576, UMBS, 6.00%, 4/1/2038 | 117054 | 124512 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #975840, UMBS, 5.00%, 5/1/2038 | 16479 | 16824 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #995196, UMBS, 6.00%, 7/1/2038 | 142108 | 150482 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #986458, UMBS, 6.00%, 8/1/2038 | 2011 | 2139 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #987831, UMBS, 6.00%, 9/1/2038 | 7700 | 8191 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #990897, UMBS, 6.00%, 9/1/2038 | 11474 | 12204 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #AD0220, UMBS, 6.00%, 10/1/2038 | 20134 | 21321 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #257497, UMBS, 6.00%, 12/1/2038 | 5230 | 5563 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #971022, UMBS, 5.00%, 1/1/2039 | 9492 | 9692 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #AA1810, UMBS, 5.00%, 1/1/2039 | 28113 | 28704 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #983686, UMBS, 5.00%, 2/1/2039 | 11917 | 12168 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #AE0604, UMBS, 6.00%, 7/1/2039 | 132781 | 140605 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #AA6788, UMBS, 6.00%, 8/1/2039 | 99589 | 106135 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #AC0463, UMBS, 5.00%, 11/1/2039 | 10984 | 11207 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #AC5111, UMBS, 5.00%, 11/1/2039 | 19197 | 19587 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #MA0258, UMBS, 4.50%, 12/1/2039 | 221543 | 221934 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #MA0259, UMBS, 5.00%, 12/1/2039 | 13669 | 13946 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #AC8573, UMBS, 5.00%, 1/1/2040 | 17029 | 17375 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #AL1595, UMBS, 6.00%, 1/1/2040 | 133661 | 142176 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #AE0061, UMBS, 6.00%, 2/1/2040 | 56330 | 59920 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #AL0152, UMBS, 6.00%, 6/1/2040 | 234454 | 249391 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #MA4203, UMBS, 2.50%, 12/1/2040 | 1877803 | 1708590 |

---

 **5**

**Investment Portfolio - January 31, 2026**

(unaudited)

---

| | | |
|:---|:---|:---|
| PRO-BLEND<sup>®</sup> CONSERVATIVE TERM SERIES | SHARES/<br> PRINCIPAL<br> AMOUNT<sup>1</sup> | VALUE |
| **U.S. GOVERNMENT AGENCIES** (continued) |  |  |
| **Mortgage-Backed Securities** (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Fannie Mae (continued) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #AI5172, UMBS, 4.00%, 8/1/2041 | 124205 | $122471 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #AL1410, UMBS, 4.50%, 12/1/2041 | 261030 | 260823 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #AB4300, UMBS, 3.50%, 1/1/2042 | 59514 | 57020 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #MA4633, UMBS, 3.50%, 6/1/2042 | 967047 | 921223 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #MA4687, UMBS, 4.00%, 6/1/2042 | 2295600 | 2251164 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #MA4934, UMBS, 5.00%, 2/1/2043 | 1248600 | 1266415 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #FS4616, UMBS, 5.00%, 5/1/2043 | 2804477 | 2843896 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #AL7729, UMBS, 4.00%, 6/1/2043 | 134847 | 132965 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #BC8677, UMBS, 4.00%, 5/1/2046 | 64309 | 62308 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #BD6997, UMBS, 4.00%, 10/1/2046 | 91818 | 88967 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #BE3812, UMBS, 4.00%, 12/1/2046 | 89575 | 86795 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #BE7845, UMBS, 4.50%, 2/1/2047 | 118112 | 117802 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #AL8674, UMBS, 5.622%, 1/1/2049 | 381983 | 398909 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #FS9332, UMBS, 3.00%, 3/1/2050 | 1849957 | 1680988 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #MA4807, UMBS, 5.50%, 11/1/2052 | 754850 | 770022 |
| &nbsp;&nbsp;&nbsp;Freddie Mac |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #C91746, 4.50%, 12/1/2033 | 23855 | 24112 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #C91762, 4.50%, 5/1/2034 | 209691 | 211986 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #G03926, 6.00%, 2/1/2038 | 95408 | 101589 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #G05906, 6.00%, 4/1/2040 | 13909 | 14810 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #G06789, 6.00%, 5/1/2040 | 76859 | 81839 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #A92889, 4.50%, 7/1/2040 | 365708 | 368105 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #RB5167, UMBS, 3.50%, 7/1/2042 | 998646 | 952193 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #RB5188, UMBS, 4.00%, 10/1/2042 | 1975578 | 1940787 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #SD8044, UMBS, 3.00%, 2/1/2050 | 2605448 | 2333887 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #SD1360, UMBS, 5.50%, 7/1/2052 | 2930005 | 2991129 |
| &nbsp;&nbsp;&nbsp;Ginnie Mae Pool #671161, 5.50%, 11/15/2037 | 21979 | 22605 |
| **TOTAL U.S. GOVERNMENT AGENCIES** |  |  |
| &nbsp;&nbsp;&nbsp;(Identified Cost $23,730,721) |  | **23540466** |

---

---

| | | |
|:---|:---|:---|
|  | SHARES/<br> PRINCIPAL<br> AMOUNT<sup>1</sup> | VALUE |
| **SHORT-TERM INVESTMENT - 3.3%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Dreyfus Government Cash Management, Institutional Shares, 3.58%<sup>10</sup> |  |  |
| &nbsp;&nbsp;&nbsp;(Identified Cost $9,473,694) | 9473694 | $**9473694** |
| **TOTAL INVESTMENTS - 99.9%** |  |  |
| &nbsp;&nbsp;&nbsp;(Identified Cost $281,489,730) |  | **289490987** |
| **OTHER ASSETS, LESS LIABILITIES - 0.1%** |  | **288547** |
| **NET ASSETS - 100%** |  | $**289779534** |

---

 **6**

**Investment Portfolio - January 31, 2026**

(unaudited)

ADR - American Depositary Receipt

MXN - Mexican Peso

REIT - Real Estate Investment Trust

REMICS - Real Estate Mortgage Investment Conduits

UMBS - Uniform Mortgage-Backed Securities

\*Non-income producing security.

## Less than 0.1%.

<sup>1</sup>Amount is stated in USD unless otherwise noted.

<sup>2</sup>Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the "1933 Act") and determined to be liquid under the Fund's Liquidity Risk Management Program. The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at January 31, 2026 was $55,465,557, which represented 19.1% of the Series' Net Assets.

<sup>3</sup>Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the "1933 Act") and determined to be illiquid under the Fund's Liquidity Risk Management Program. The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of such securities at January 31, 2026 was $884,346, or 0.3% of the Series' Net Assets.

<sup>4</sup>Variable rate security. Security may be issued at a fixed coupon rate, which converts to a variable rate at a specified date. Rate shown is the rate in effect as of January 31, 2026.

<sup>5</sup>Security is perpetual in nature and has no stated maturity date.

<sup>6</sup>Issuer filed for bankruptcy and/or is in default of interest payments.

<sup>7</sup>Floating rate security. Rate shown is the rate in effect as of January 31, 2026.

<sup>8</sup>Variable or floating rate security, the interest rate of which adjusts periodically based on changes in current interest rates and prepayments on the underlying pool of assets. Rate shown is the rate in effect as of January 31, 2026.

<sup>9</sup>Represents a step-up bond that pays initial coupon rate for the first period and then a higher coupon rate for the following periods. Rate shown reflects the current coupon as of January 31, 2026.

<sup>10</sup>Rate shown is the current yield as of January 31, 2026.

The Global Industry Classification Standard (GICS) was developed by and is the exclusive property and a service mark of MSCI Inc. (MSCI) and Standard & Poor's, a division of S&P Global Inc. (S&P), and is licensed for use by Manning & Napier when referencing GICS sectors. Neither MSCI, S&P, nor any third party involved in making or compiling the GICS or any GICS classifications makes any express or implied warranties or representations with respect to such standard or classification, nor shall any such party have any liability therefrom.

**Fair Value Information:**

GAAP establishes the following fair value hierarchy that categorizes the inputs used to measure fair value. Level 1 includes quoted prices (unadjusted) in active markets for identical financial instruments that the Series' can access at the reporting date. Level 2 includes other significant observable inputs (including, but not limited to, quoted prices for similar financial instruments in active markets, quoted prices for identical or similar financial instruments in inactive markets, interest rates and yield curves, implied volatilities, and credit spreads). Level 3 includes unobservable inputs (including the Valuation Designee's own assumptions in determining fair value). A financial instrument's level within the fair value hierarchy is based on the lowest level of any input both individually and in aggregate that is significant to the fair value measurement. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

The following is a summary of the valuation levels used for major security types as of January 31, 2026 in valuing the Series' assets or liabilities carried at fair value:

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;DESCRIPTION | TOTAL | LEVEL 1 | LEVEL 2 | LEVEL 3 |
| &nbsp;&nbsp;&nbsp;Assets: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Equity securities: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Communication Services | $5664908 | $5664908 | $— | $— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consumer Discretionary | 7243959 | 7243959 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financials | 11110674 | 11110674 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Health Care | 9037376 | 9037376 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Industrials | 6107219 | 6107219 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Information Technology | 16719818 | 16719818 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Materials | 4530125 | 4530125 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Real Estate | 2200518 | 2200518 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Utilities | 625677 | 625677 |  |  |

---

 **7**

**Investment Portfolio - January 31, 2026**

(unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;DESCRIPTION | TOTAL | LEVEL 1 | LEVEL 2 | LEVEL 3 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Debt securities: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury and other U.S. Government agencies | $111448438 | $— | $111448438 | $— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;States and political subdivisions (municipals) | 3403239 |  | 3403239 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Corporate debt: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Communication Services | 1444734 |  | 1444734 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consumer Discretionary | 3412991 |  | 3412991 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Energy | 6220447 |  | 6220447 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financials | 25017395 |  | 25017395 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Health Care | 1130664 |  | 1130664 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Industrials | 2374214 |  | 2374214 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Information Technology | 1107406 |  | 1107406 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Materials | 3214603 |  | 3214603 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Real Estate | 6053859 |  | 6053859 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Utilities | 6064665 |  | 6064665 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asset-backed securities | 21230284 |  | 21230284 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Commercial mortgage-backed securities | 23207096 |  | 23207096 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Foreign government bonds | 1446984 |  | 1446984 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Short-Term Investment | 9473694 | 9473694 |  |  |
| &nbsp;&nbsp;&nbsp;Total assets | $289490987 | $72713968 | $216777019 | $— |

---

There were no Level 3 securities held by the Series as of October 31, 2025 or January 31, 2026.

The Investment Portfolio should be read in conjunction with the financial statements and notes to financial statements, which are included in the Series' audited annual report or unaudited semi-annual report. These reports include additional information about the Series' security valuation policies and about certain security types invested in by the Series.

 **8**

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Manning & Napier Fund, Inc.

- **b. Investment Company Act file number:** 811-04087

- **c. CIK number of Registrant:** 0000751173

- **d. LEI of Registrant:** 549300B31SDCBSJSN672

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

  - **Street Address 1:** 290 Woodcliff Drive

  - **City:** Fairport

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 14450

  - **Telephone number:** 585-325-6880

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

- **a. Name of Series:** Pro-Blend Conservative Term Series

- **b. EDGAR series identifier (if any):** S000003625

- **c. LEI of Series:** 549300GMMJ106X6EP068

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

- **a. Date of fiscal year-end:** 2026-10-31

- **b. Date as of which information is reported:** 2026-01-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $291266068.69

**Total Liabilities:** $2192675.55

**Net Assets:** $289073393.14

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 127.67327000 | **1-Year:** 6312.56977000 | **5-Year:** 33084.65136000 | **10-Year:** 15197.06575000 | **30-Year:** 251.23330000

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

- **3-Month:** 91.53072000 | **1-Year:** 867.01745000 | **5-Year:** 2405.95946000 | **10-Year:** 874.85306000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000010083 | 0.65%                | 0.19%                | 0.66%                |
| Class ID C000010085 | 0.73%                | 0.19%                | 0.67%                |
| Class ID C000010087 | 0.80%                | 0.23%                | 0.67%                |
| Class ID C000059952 | 0.80%                | 0.20%                | 0.74%                |
| Class ID C000206442 | 0.80%                | 0.26%                | 0.82%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $985128.16               | $606678.86                                 |
| Month 2  | $332148.55               | $-380270.10                                |
| Month 3  | $2060852.63              | $-534746.53                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| United Parcel Service Inc          | United Parcel Service Inc                                 | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |     17962 | NS      | $1907923.64   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUTH CAROLINA ST PUBLIC SVC A     | South Carolina Public Service Authority                   | CUSIP: 837151XF1<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   3460000 | PA      | $3403239.13   | 1.18%             | 2026-12-01      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| Workday Inc                        | Workday Inc                                               | CUSIP: 98138H101<br>LEI: 549300J0DYC0N31V7G13 | Long             | EC               | CORP              | US        |      5566 | NS      | $977556.58    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Towd Point Mortgage Trust          | Towd Point Mortgage Trust 2019-HY1                        | CUSIP: 89177EAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    217780 | PA      | $218165.21    | 0.08%             | 2048-10-25      | Floating      | 4.79%                 | No            |                  2 | On Loan: No      |
| TSY INFL IX N/B                    | United States Treasury Inflation Indexed Bonds            | CUSIP: 91282CNB3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7001143 | PA      | $7109168.65   | 2.46%             | 2030-04-15      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                           | CUSIP: 31416KAL2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     28113 | PA      | $28704.08     | 0.01%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| US BANCORP                         | US Bancorp                                                | CUSIP: 91159HJK7<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |   1890000 | PA      | $1912629.14   | 0.66%             | 2029-02-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust             | Sequoia Mortgage Trust 2013-2                             | CUSIP: 81745MAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    113263 | PA      | $99459.58     | 0.03%             | 2043-02-25      | Variable      | 1.87%                 | No            |                  2 | On Loan: No      |
| MonotaRO Co Ltd                    | MonotaRO Co Ltd                                           | CUSIP: 61022V107<br>LEI: 5299005JUER5ANXWTC33 | Long             | EC               | CORP              | JP        |     38113 | NS      | $513382.11    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                           | CUSIP: 31417QVD3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     19197 | PA      | $19586.53     | 0.01%             | 2039-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Capteris Equipment Finance         | Capteris Equipment Finance 2024-1 LLC                     | CUSIP: 14077AAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    839594 | PA      | $853821.90    | 0.30%             | 2032-07-20      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| D.R. HORTON INC                    | DR Horton Inc                                             | CUSIP: 23331ABT5<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | DBT              | CORP              | US        |   1160000 | PA      | $1186737.83   | 0.41%             | 2030-10-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                           | CUSIP: 3140FEX33<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     91818 | PA      | $88967.29     | 0.03%             | 2046-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                    | United States Treasury Note/Bond                          | CUSIP: 91282CJJ1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  11261000 | PA      | $11560120.31  | 4.00%             | 2033-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                           | CUSIP: 3140F4UB0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     64309 | PA      | $62308.37     | 0.02%             | 2046-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| West Fraser Timber Co Ltd          | West Fraser Timber Co Ltd                                 | CUSIP: 952845105<br>LEI: 5493005WD1ZK6WBVR988 | Long             | EC               | CORP              | CA        |     15378 | NS      | $1051240.08   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| New York Mortgage Trust            | NYMT Loan Trust 2022-CP1                                  | CUSIP: 62955VAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    954390 | PA      | $903038.64    | 0.31%             | 2061-07-25      | Fixed         | 2.04%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                           | CUSIP: 31415VX26<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     11474 | PA      | $12203.47     | 0.00%             | 2038-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                           | CUSIP: 31416QRJ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     99589 | PA      | $106135.26    | 0.04%             | 2039-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                           | CUSIP: 3140FTWF4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    118112 | PA      | $117802.45    | 0.04%             | 2047-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Lam Research Corp                  | Lam Research Corp                                         | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |      4171 | NS      | $973761.66    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Weyerhaeuser Co                    | Weyerhaeuser Co                                           | CUSIP: 962166104<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | EC               | CORP              | US        |     39716 | NS      | $1023878.48   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Provident Funding Mortgage Tru     | Provident Funding Mortgage Trust 2021-INV1                | CUSIP: 74387VAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2131462 | PA      | $1787455.97   | 0.62%             | 2051-08-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| NEWCASTLE COAL INFRASTRU           | Newcastle Coal Infrastructure Group Pty Ltd               | CUSIP: 65106WAA3<br>LEI: 549300YAJ8XYYGW2TZ32 | Long             | DBT              | CORP              | AU        |   1585813 | PA      | $1583015.07   | 0.55%             | 2027-09-29      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                           | CUSIP: 3138EHR87<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    261030 | PA      | $260822.77    | 0.09%             | 2041-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                           | CUSIP: 3138ETT89<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    381983 | PA      | $398908.77    | 0.14%             | 2049-01-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Deutsche Boerse AG                 | Deutsche Boerse AG                                        | CUSIP: 251542106<br>LEI: 529900G3SW56SHYNPR95 | Long             | EC               | CORP              | DE        |     17734 | NS      | $447783.50    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                           | CUSIP: 31418BBC9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    167226 | PA      | $168850.46    | 0.06%             | 2034-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ALLO Issuer, LLC                   | ALLO Issuer LLC                                           | CUSIP: 01983KAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1550000 | PA      | $1567755.07   | 0.54%             | 2053-06-20      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| TJX Cos Inc/The                    | TJX Cos Inc/The                                           | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |      7225 | NS      | $1082377.25   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Freddie Mac                        | Freddie Mac Gold Pool                                     | CUSIP: 312941F69<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    365708 | PA      | $368104.65    | 0.13%             | 2040-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                    | United States Treasury Note/Bond                          | CUSIP: 912828YS3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   9380000 | PA      | $8748315.63   | 3.03%             | 2029-11-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| TransUnion                         | TransUnion                                                | CUSIP: 89400J107<br>LEI: 549300ZS772LUNUMRB03 | Long             | EC               | CORP              | US        |     11533 | NS      | $911337.66    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                           | CUSIP: 31414NG73<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      9492 | PA      | $9692.08      | 0.00%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                           | CUSIP: 31416BRR1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    142108 | PA      | $150481.93    | 0.05%             | 2038-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                           | CUSIP: 31410KJV7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    117054 | PA      | $124512.19    | 0.04%             | 2038-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                           | CUSIP: 3138EGE26<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    234454 | PA      | $249391.01    | 0.09%             | 2040-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Moody's Corp                       | Moody's Corp                                              | CUSIP: 615369105<br>LEI: 549300GCEDD8YCF5WU84 | Long             | EC               | CORP              | US        |      2234 | NS      | $1151761.04   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| GS Mortgage-Backed Securities      | GS Mortgage-Backed Securities Trust 2021-INV1             | CUSIP: 36263KAJ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1252911 | PA      | $1172669.23   | 0.41%             | 2051-12-25      | Floating      | 4.72%                 | No            |                  2 | On Loan: No      |
| CIM Trust                          | CIM Trust 2019-INV1                                       | CUSIP: 12555DAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     34155 | PA      | $32720.68     | 0.01%             | 2049-02-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| SAFEHOLD GL HOLDINGS LLC           | Safehold GL Holdings LLC                                  | CUSIP: 785931AA4<br>LEI: 54930012UY5Z4Q8NL108 | Long             | DBT              | CORP              | US        |   1221000 | PA      | $1298592.47   | 0.45%             | 2034-04-01      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| OPEN INFRA US ASSETS AB            | Open Infra US Assets AB                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | SE        |    400000 | PA      | $398713.63    | 0.14%             | 2027-02-22      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| TSMC                               | Taiwan Semiconductor Manufacturing Co Ltd                 | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |      6684 | NS      | $2209463.04   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| DUKE ENERGY FLORIDA LLC            | Duke Energy Florida LLC                                   | CUSIP: 341099CL1<br>LEI: 7MOHLM3DKE63RX2ZCN83 | Long             | DBT              | CORP              | US        |   2100000 | PA      | $2333950.04   | 0.81%             | 2038-06-15      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| Cogent IPv4 LLC                    | Cogent Ipv4 LLC                                           | CUSIP: 19240JAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    850000 | PA      | $883858.50    | 0.31%             | 2054-05-25      | Fixed         | 7.92%                 | No            |                  2 | On Loan: No      |
| Air Liquide SA                     | Air Liquide SA                                            | CUSIP: 009126202<br>LEI: 969500MMPQVHK671GT54 | Long             | EC               | CORP              | FR        |     28832 | NS      | $1078028.48   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Freddie Mac                        | Freddie Mac Pool                                          | CUSIP: 3133KYXR5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1975578 | PA      | $1940786.81   | 0.67%             | 2042-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| 180 MEDICAL INC                    | 180 Medical Inc                                           | CUSIP: 682357AA6<br>LEI: 254900ZB648OPWVFVX59 | Long             | DBT              | CORP              | US        |   1160000 | PA      | $1130664.34   | 0.39%             | 2029-10-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust       | CSMC Trust 2013-TH1                                       | CUSIP: 22944PAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    140745 | PA      | $125609.59    | 0.04%             | 2043-02-25      | Variable      | 2.13%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                        | Freddie Mac Gold Pool                                     | CUSIP: 3128P75X7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    209691 | PA      | $211986.08    | 0.07%             | 2034-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                           | CUSIP: 31415QZX7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2011 | PA      | $2139.10      | 0.00%             | 2038-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Nasdaq Inc                         | Nasdaq Inc                                                | CUSIP: 631103108<br>LEI: 549300L8X1Q78ERXFD06 | Long             | EC               | CORP              | US        |      5985 | NS      | $579886.65    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| New Residential Mortgage Loan      | New Residential Mortgage Loan Trust 2015-2                | CUSIP: 64829EAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    204272 | PA      | $200209.43    | 0.07%             | 2055-08-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| Pear LLC                           | PEAR 2023-1 LLC                                           | CUSIP: 70473AAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    886591 | PA      | $908224.40    | 0.31%             | 2035-07-15      | Fixed         | 7.42%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY PVT BANK            | Morgan Stanley Private Bank NA                            | CUSIP: 61776NU43<br>LEI: 549300GS0W0TEUQS8571 | Long             | DBT              | CORP              | US        |   1640000 | PA      | $1639491.90   | 0.57%             | 2030-02-08      | Fixed         | 4.21%                 | No            |                  2 | On Loan: No      |
| Cooper Cos Inc/The                 | Cooper Cos Inc/The                                        | CUSIP: 216648501<br>LEI: QJKMVPIGLH7530PCUE20 | Long             | EC               | CORP              | US        |     13188 | NS      | $1073239.44   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| ICAHN ENTERPRISES/FIN              | Icahn Enterprises LP / Icahn Enterprises Finance Corp     | CUSIP: 451102CK1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    330000 | PA      | $332960.72    | 0.12%             | 2029-11-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                           | CUSIP: 31418BDH6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    147179 | PA      | $148616.97    | 0.05%             | 2034-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Cadence Design Systems Inc         | Cadence Design Systems Inc                                | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |      3598 | NS      | $1066303.28   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| PNC FINANCIAL SERVICES             | PNC Financial Services Group Inc/The                      | CUSIP: 693475CD5<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1837612.23   | 0.64%             | 2031-05-13      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Visa Inc                           | Visa Inc                                                  | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |      5740 | NS      | $1847304.20   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                           | CUSIP: 31412SSJ5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      4965 | PA      | $5066.43      | 0.00%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Amazon.com Inc                     | Amazon.com Inc                                            | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     12847 | NS      | $3074287.10   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc             | UnitedHealth Group Inc                                    | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |      2422 | NS      | $694944.46    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Tencent Holdings Ltd               | Tencent Holdings Ltd                                      | CUSIP: 88032Q109<br>LEI: 254900N4SLUMW4XUYY11 | Long             | EC               | CORP              | CN        |     13764 | NS      | $1051431.96   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE & CO                | JPMorgan Chase & Co                                       | CUSIP: 46647PBJ4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   2180000 | PA      | $2196279.15   | 0.76%             | 2031-03-24      | Fixed         | 4.49%                 | No            |                  2 | On Loan: No      |
| Oxford Finance Funding Trust       | Oxford Finance Funding Trust 2023-1                       | CUSIP: 69145CAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1862361 | PA      | $1879189.40   | 0.65%             | 2031-02-15      | Fixed         | 6.72%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                           | CUSIP: 31418EKV1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    754850 | PA      | $770022.01    | 0.27%             | 2052-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                    | United States Treasury Note/Bond                          | CUSIP: 91282CDJ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  13393000 | PA      | $11642493.05  | 4.03%             | 2031-11-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                    | United States Treasury Note/Bond                          | CUSIP: 9128285M8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8840000 | PA      | $8730881.25   | 3.02%             | 2028-11-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| NVIDIA Corp                        | NVIDIA Corp                                               | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     18575 | NS      | $3550239.75   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| MercadoLibre Inc                   | MercadoLibre Inc                                          | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | UY        |       514 | NS      | $1103964.06   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| BMO Mortgage Trust                 | BMO 2024-5C7 Mortgage Trust                               | CUSIP: 09660WAU5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    570000 | PA      | $591902.56    | 0.20%             | 2057-11-15      | Variable      | 5.57%                 | No            |                  2 | On Loan: No      |
| Meta Platforms Inc                 | Meta Platforms Inc                                        | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      3508 | NS      | $2513482.00   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P Global Inc                     | S&P Global Inc                                            | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |      1719 | NS      | $907271.01    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Sequoia Mortgage Trust             | Sequoia Mortgage Trust 2020-1                             | CUSIP: 81748MAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     51652 | PA      | $47125.60     | 0.02%             | 2050-02-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| CF Hippolyta Issuer LLC            | CF Hippolyta Issuer LLC                                   | CUSIP: 12530MAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2698356 | PA      | $1700222.25   | 0.59%             | 2060-07-15      | Fixed         | 2.28%                 | No            |                  2 | On Loan: No      |
| CODELCO INC                        | Corp Nacional del Cobre de Chile                          | CUSIP: 21987BBQ0<br>LEI: 549300UVMBCBCIPSUI70 | Long             | DBT              | CORP              | CL        |   1625000 | PA      | $1631579.66   | 0.56%             | 2037-01-30      | Fixed         | 5.53%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                           | CUSIP: 31417AX61<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     59514 | PA      | $57019.82     | 0.02%             | 2042-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                           | CUSIP: 3140FPGW3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     89575 | PA      | $86794.75     | 0.03%             | 2046-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                           | CUSIP: 31418EPU8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1248600 | PA      | $1266415.34   | 0.44%             | 2043-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                        | Freddie Mac Gold Pool                                     | CUSIP: 3128P75F6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     23855 | PA      | $24112.02     | 0.01%             | 2033-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                           | CUSIP: 3138EQST0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    134847 | PA      | $132964.96    | 0.05%             | 2043-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                        | Freddie Mac Pool                                          | CUSIP: 3132DNQM8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2930005 | PA      | $2991129.52   | 1.03%             | 2052-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                           | CUSIP: 31410G5V1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      4846 | PA      | $4945.04      | 0.00%             | 2038-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| First American Financial Corp      | First American Financial Corp                             | CUSIP: 31847R102<br>LEI: 549300B6VEZK3N0A1P55 | Long             | EC               | CORP              | US        |      8835 | NS      | $558195.30    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Freddie Mac                        | Freddie Mac REMICS                                        | CUSIP: 3137H5U88<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1515650 | PA      | $1352589.04   | 0.47%             | 2049-06-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust           | JP Morgan Mortgage Trust 2014-2                           | CUSIP: 46641YAA1<br>LEI: 549300BV8AJIRLDGMR51 | Long             | ABS-MBS          | CORP              | US        |     54627 | PA      | $53982.42     | 0.02%             | 2029-06-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae REMICS                                         | CUSIP: 3136B02X3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1402509 | PA      | $1262257.97   | 0.44%             | 2048-03-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae REMICS                                         | CUSIP: 3136B1YD0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     12274 | PA      | $12178.91     | 0.00%             | 2047-07-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Bentley Systems Inc                | Bentley Systems Inc                                       | CUSIP: 08265T208<br>LEI: 549300WVEHPGE0Z56F71 | Long             | EC               | CORP              | US        |     21511 | NS      | $755466.32    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| US CLAIMS LIT FNDG LLC             | US Claims Litigation Funding LLC                          | CUSIP: 91735CAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $218180.82    | 0.08%             | 2028-03-17      | Fixed         | 10.25%                | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                           | CUSIP: 31415SLL4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      7700 | PA      | $8190.66      | 0.00%             | 2038-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan      | New Residential Mortgage Loan Trust 2014-3                | CUSIP: 64829DAG1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    220962 | PA      | $214029.12    | 0.07%             | 2054-11-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| ATLAS WAREHOUSE LEND               | Atlas Warehouse Lending Co LP                             | CUSIP: 049463AG7<br>LEI: 25490068J12A1HV7YM70 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1105004.77   | 0.38%             | 2030-11-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Starwood Retail Property Trust     | Starwood Retail Property Trust 2014-STAR                  | CUSIP: 85571XAA5<br>LEI: 5493007115G809OI4R97 | Long             | ABS-MBS          | CORP              | US        |   1036548 | PA      | $519234.01    | 0.18%             | 2027-11-15      | Floating      | 6.75%                 | No            |                  2 | On Loan: No      |
| JEFFERIES FIN GROUP INC            | Jefferies Financial Group Inc                             | CUSIP: 47233WEJ4<br>LEI: 549300HOF34RGOJ5YL07 | Long             | DBT              | CORP              | US        |   2080000 | PA      | $2187893.63   | 0.76%             | 2034-04-14      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| SBA TOWER TRUST                    | SBA Tower Trust                                           | CUSIP: 78403DAZ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1810000 | PA      | $1850774.41   | 0.64%             | 2028-01-15      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                           | CUSIP: 3138EHXZ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    133661 | PA      | $142176.32    | 0.05%             | 2040-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Store Master Funding I - VII,      | Store Master Funding I-VII and XIV                        | CUSIP: 86212XAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2063602 | PA      | $2030569.02   | 0.70%             | 2049-11-20      | Fixed         | 2.82%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities      | GS Mortgage-Backed Securities Trust 2021-PJ6              | CUSIP: 36262LAJ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    961970 | PA      | $874152.18    | 0.30%             | 2051-11-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| PMT Loan Trust                     | PMT Loan Trust 2013-J1                                    | CUSIP: 693456AW5<br>LEI: 549300QFMQR379ND0354 | Long             | ABS-MBS          | CORP              | US        |    508484 | PA      | $473642.49    | 0.16%             | 2043-09-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| ServiceNow Inc                     | ServiceNow Inc                                            | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |      6760 | NS      | $790987.60    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| NORTHWEST ACQ/DOMINION             | Northwest Acquisitions ULC / Dominion Finco Inc           | CUSIP: 66727WAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    880000 | PA      | $8.80         | 0.00%             | 2022-11-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                 | Energy Transfer LP                                        | CUSIP: 29273RAR0<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   1890000 | PA      | $1998006.64   | 0.69%             | 2042-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON BANCSHARES              | Huntington Bancshares Inc/OH                              | CUSIP: 446150AS3<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |   1420000 | PA      | $1324724.70   | 0.46%             | 2030-02-04      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Blackrock Inc                      | Blackrock Inc                                             | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |      1096 | NS      | $1226358.24   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                         | Fannie Mae REMICS                                         | CUSIP: 3136BJMZ5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    944603 | PA      | $827021.64    | 0.29%             | 2050-10-25      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                    | United States Treasury Note/Bond                          | CUSIP: 91282CLW9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  11508000 | PA      | $11560145.63  | 4.00%             | 2034-11-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                     | Microsoft Corp                                            | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      6925 | NS      | $2979758.25   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Sociedad Quimica y Minera de C     | Sociedad Quimica y Minera de Chile SA                     | CUSIP: 833635105<br>LEI: TJ88LXZZW5PWIN93ZC81 | Long             | EC               | CORP              | CL        |      7312 | NS      | $561854.08    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| GSK PLC                            | GSK PLC                                                   | CUSIP: 37733W204<br>LEI: 5493000HZTVUYLO1D793 | Long             | EC               | CORP              | GB        |     11025 | NS      | $568890.00    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Sherwin-Williams Co/The            | Sherwin-Williams Co/The                                   | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |      1616 | NS      | $573098.24    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Dreyfus Government Cash Management | Dreyfus Government Cash Management                        | CUSIP: 262006208<br>LEI: 5493000Q69I5Q3QZIA91 | Long             | STIV             | RF                | US        |   9665554 | NS      | $9665553.75   | 3.34%             |  |  |  | No            |                  1 | On Loan: No      |
| IIP OPERATING PARTNER              | IIP Operating Partnership LP                              | CUSIP: 44988FAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    460000 | PA      | $456034.10    | 0.16%             | 2026-05-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                           | CUSIP: 31417VQ30<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     17029 | PA      | $17374.56     | 0.01%             | 2040-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities      | GS Mortgage-Backed Securities Trust 2021-PJ9              | CUSIP: 36263CAH2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    979121 | PA      | $885829.89    | 0.31%             | 2052-02-26      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust             | Sequoia Mortgage Trust 2013-8                             | CUSIP: 81745EAA7<br>LEI: 549300EU86QZR1NB5U93 | Long             | ABS-MBS          | CORP              | US        |    177875 | PA      | $162813.36    | 0.06%             | 2043-06-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                           | CUSIP: 31418DU59<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1877803 | PA      | $1708589.80   | 0.59%             | 2040-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                           | CUSIP: 31410EKR8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     23894 | PA      | $25510.91     | 0.01%             | 2036-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| DataBank Issuer LLC                | DataBank Issuer                                           | CUSIP: 23802WAL5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1500000 | PA      | $1496025.11   | 0.52%             | 2053-02-25      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| ECMC Group Student Loan Trust      | ECMC Group Student Loan Trust 2025-2                      | CUSIP: 26827YAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1460610 | PA      | $1465604.22   | 0.51%             | 2074-11-25      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan      | New Residential Mortgage Loan Trust 2016-4                | CUSIP: 64829LAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    298979 | PA      | $289443.77    | 0.10%             | 2056-11-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC           | OBX 2022-INV1 Trust                                       | CUSIP: 67115NAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1845818 | PA      | $1612838.47   | 0.56%             | 2051-12-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                           | CUSIP: 31418EF54<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2295600 | PA      | $2251163.54   | 0.78%             | 2042-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Oxford Finance Credit Fund III     | Oxford Finance Credit Fund III 2024-A LP                  | CUSIP: 69145DAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    219599 | PA      | $223214.56    | 0.08%             | 2032-01-14      | Fixed         | 6.67%                 | No            |                  2 | On Loan: No      |
| Rollins Inc                        | Rollins Inc                                               | CUSIP: 775711104<br>LEI: 549300F2A0BXT4SGWD84 | Long             | EC               | CORP              | US        |     10103 | NS      | $639924.02    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| JP Morgan Mortgage Trust           | JP Morgan Mortgage Trust 2017-6                           | CUSIP: 46649HAC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     54657 | PA      | $49613.11     | 0.02%             | 2048-12-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| Navient Education Loan Trust       | Navient Education Loan Trust 2025-A                       | CUSIP: 63943EAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1044312 | PA      | $1056623.72   | 0.37%             | 2055-07-15      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA           | AerCap Ireland Capital DAC / AerCap Global Aviation Trust | CUSIP: 00774MAW5<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |   1280000 | PA      | $1241664.33   | 0.43%             | 2028-10-29      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Imperial Fund LLC                  | Imperial Fund Mortgage Trust 2022-NQM1                    | CUSIP: 452766AA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1871199 | PA      | $1740863.27   | 0.60%             | 2067-02-25      | Variable      | 2.49%                 | No            |                  2 | On Loan: No      |
| Hermes International SCA           | Hermes International SCA                                  | CUSIP: 42751Q105<br>LEI: 969500Y4IJGHJE2MTJ13 | Long             | EC               | CORP              | FR        |      4509 | NS      | $1082565.81   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc                     | Mastercard Inc                                            | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |      4122 | NS      | $2220892.38   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                           | CUSIP: 3140XRLN3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1849957 | PA      | $1680988.21   | 0.58%             | 2050-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                           | CUSIP: 31417YJD0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     13669 | PA      | $13946.37     | 0.00%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| EAGLE FUNDING LUXCO SARL           | Eagle Funding Luxco Sarl                                  | CUSIP: 26951TAA8<br>LEI: 894500VDP08MVIZ6OA60 | Long             | DBT              | NUSS              | LU        |   1375000 | PA      | $1396322.88   | 0.48%             | 2030-08-17      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                           | CUSIP: 31414TS51<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     16479 | PA      | $16824.40     | 0.01%             | 2038-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A     | Ginnie Mae I Pool                                         | CUSIP: 36295HTS9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     21979 | PA      | $22604.94     | 0.01%             | 2037-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Persimmon PLC                      | Persimmon PLC                                             | CUSIP: 715318101<br>LEI: 213800XI72Y57UWN6F31 | Long             | EC               | CORP              | GB        |     23433 | NS      | $900764.52    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| GS Mortgage-Backed Securities      | GS Mortgage-Backed Securities Trust 2022-PJ1              | CUSIP: 36263NAH8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1522057 | PA      | $1367326.36   | 0.47%             | 2052-05-28      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| NU Holdings Ltd/Cayman Islands     | NU Holdings Ltd/Cayman Islands                            | CUSIP: 000000000<br>LEI: 5493002DG1RHWK9W2X27 | Long             | EC               | CORP              | BR        |     90758 | NS      | $1610954.50   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA CORP               | Bank of America Corp                                      | CUSIP: 06051GJT7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   2050000 | PA      | $1879674.92   | 0.65%             | 2032-04-22      | Fixed         | 2.69%                 | No            |                  2 | On Loan: No      |
| CITIZENS FINANCIAL GROUP           | Citizens Financial Group Inc                              | CUSIP: 174610BK0<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1105195.57   | 0.38%             | 2036-01-29      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Alphabet Inc                       | Alphabet Inc                                              | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |      6213 | NS      | $2099994.00   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSTELLATION SOFTWARE             | Constellation Software Inc/Canada                         | CUSIP: 21037XAD2<br>LEI: 549300B6PYHMCTDWQV29 | Long             | DBT              | CORP              | CA        |   1100000 | PA      | $1107405.60   | 0.38%             | 2034-02-16      | Fixed         | 5.46%                 | No            |                  2 | On Loan: No      |
| PCG LLC                            | PCG 2023-1 LLC                                            | CUSIP: 70461JAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    170848 | PA      | $170832.94    | 0.06%             | 2029-07-25      | Floating      | 9.67%                 | No            |                  2 | On Loan: No      |
| AstraZeneca PLC                    | AstraZeneca PLC                                           | CUSIP: 046353108<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | EC               | CORP              | GB        |     13286 | NS      | $1232542.22   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                           | CUSIP: 31418EEF3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    967047 | PA      | $921223.24    | 0.32%             | 2042-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PALOMINO FUNDING TRUST I           | Palomino Funding Trust I                                  | CUSIP: 69754AAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2290000 | PA      | $2421590.77   | 0.84%             | 2028-05-17      | Fixed         | 7.23%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                    | United States Treasury Note/Bond                          | CUSIP: 91282CFV8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  11597000 | PA      | $11673105.31  | 4.04%             | 2032-11-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Intercontinental Exchange Inc      | Intercontinental Exchange Inc                             | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |      3224 | NS      | $560266.72    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| CAMERON LNG LLC                    | Cameron LNG LLC                                           | CUSIP: 133434AB6<br>LEI: 549300C39FLHGVD73K22 | Long             | DBT              | CORP              | US        |   1270000 | PA      | $1113253.08   | 0.39%             | 2035-01-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| APOLLO GLOBAL MANAGEMENT           | Apollo Global Management Inc                              | CUSIP: 03769MAE6<br>LEI: 254900LMFT1CY9IYB476 | Long             | DBT              | CORP              | US        |   1110000 | PA      | $1104976.67   | 0.38%             | 2035-08-12      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| NEW FORTRESS ENERGY INC            | New Fortress Energy Inc                                   | CUSIP: 644393AC4<br>LEI: 254900EICTYTCHA5X705 | Long             | DBT              | CORP              | US        |    345000 | PA      | $25267.64     | 0.01%             | 2029-03-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                 | Energy Transfer LP                                        | CUSIP: 29273VBJ8<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1099005.90   | 0.38%             | 2031-01-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                           | CUSIP: 31419AU62<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    132781 | PA      | $140605.40    | 0.05%             | 2039-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Imperial Fund LLC                  | Imperial Fund Mortgage Trust 2021-NQM3                    | CUSIP: 452762AA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1052312 | PA      | $920914.59    | 0.32%             | 2056-11-25      | Variable      | 1.59%                 | No            |                  2 | On Loan: No      |
| Provident Funding Mortgage Tru     | Provident Funding Mortgage Trust 2021-2                   | CUSIP: 74388JAD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1220409 | PA      | $1068455.38   | 0.37%             | 2051-04-25      | Variable      | 2.00%                 | No            |                  2 | On Loan: No      |
| EAGLE MATERIALS INC                | Eagle Materials Inc                                       | CUSIP: 26969PAC2<br>LEI: 529900KRXRGXL61SG039 | Long             | DBT              | CORP              | US        |   1110000 | PA      | $1087428.89   | 0.38%             | 2036-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                        | Freddie Mac Gold Pool                                     | CUSIP: 3128M73P9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     13909 | PA      | $14810.12     | 0.01%             | 2040-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                      | Citigroup Inc                                             | CUSIP: 172967NA5<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   1870000 | PA      | $1853092.76   | 0.64%             | 2027-06-09      | Fixed         | 1.46%                 | No            |                  2 | On Loan: No      |
| Pear LLC                           | Pear 2024-1 LLC                                           | CUSIP: 704933AA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    372731 | PA      | $376700.62    | 0.13%             | 2036-02-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| US TREASURY FRN                    | United States Treasury Floating Rate Note                 | CUSIP: 91282CNQ0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4444000 | PA      | $4449486.47   | 1.54%             | 2027-07-31      | Floating      | 3.77%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                        | Freddie Mac Pool                                          | CUSIP: 3133KYW47<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    998646 | PA      | $952193.01    | 0.33%             | 2042-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Deutsche Post AG                   | Deutsche Post AG                                          | CUSIP: 25157Y202<br>LEI: 8ER8GIG7CSMVD8VUFE78 | Long             | EC               | CORP              | DE        |      9780 | NS      | $547777.80    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                           | CUSIP: 31371N7J8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      5230 | PA      | $5563.40      | 0.00%             | 2038-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                           | CUSIP: 31415LXP7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     11917 | PA      | $12167.70     | 0.00%             | 2039-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oxford Finance Funding Trust       | Oxford Finance Funding 2022-1 LLC                         | CUSIP: 69145BAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1283439 | PA      | $1263387.18   | 0.44%             | 2030-02-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| MEX BONOS DESARR FIX RT            | Mexican Bonos                                             | CUSIP: 000000000<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    908000 | PA      | $50661.13     | 0.02%             | 2031-05-29      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| PELORUS FUND REIT LLC              | Pelorus Fund REIT LLC                                     | CUSIP: 70615PAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    470000 | PA      | $470054.60    | 0.16%             | 2026-09-30      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CENOVUS ENERGY INC                 | Cenovus Energy Inc                                        | CUSIP: 15135UAF6<br>LEI: 549300F4XPHJ7NOSP309 | Long             | DBT              | CORP              | CA        |   1810000 | PA      | $1984913.80   | 0.69%             | 2039-11-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| COMMONBOND STUDENT LOAN TRUST      | Commonbond Student Loan Trust 2019-A-GS                   | CUSIP: 20268CAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    483736 | PA      | $450658.24    | 0.16%             | 2047-01-25      | Fixed         | 2.54%                 | No            |                  2 | On Loan: No      |
| SIRIUSPOINT LTD                    | SiriusPoint Ltd                                           | CUSIP: 82969BAA0<br>LEI: 549300OGXFI85N3YZZ51 | Long             | DBT              | CORP              | BM        |   1220000 | PA      | $1291916.54   | 0.45%             | 2029-04-05      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ALEXANDER FUND TRUST II            | Alexander Funding Trust II                                | CUSIP: 014916AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1230000 | PA      | $1309124.45   | 0.45%             | 2028-07-31      | Fixed         | 7.47%                 | No            |                  2 | On Loan: No      |
| GOLDEN PEAR FUND HOLDCO            | Golden Pear Funding HoldCo LLC                            | CUSIP: 38116FAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    230000 | PA      | $242214.11    | 0.08%             | 2028-03-02      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| BAE Systems PLC                    | BAE Systems PLC                                           | CUSIP: 05523R107<br>LEI: 8SVCSVKSGDWMW2QHOH83 | Long             | EC               | CORP              | GB        |      9525 | NS      | $1035177.00   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Credit Suisse Mortgage Trust       | CSMC Trust 2013-IVR3                                      | CUSIP: 12646XAH5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    243556 | PA      | $221383.07    | 0.08%             | 2043-05-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC           | OBX 2024-NQM1 Trust                                       | CUSIP: 67448LAA0<br>LEI: 254900UI1468MQ7I8472 | Long             | ABS-MBS          | CORP              | US        |    832481 | PA      | $838219.02    | 0.29%             | 2063-11-25      | Variable      | 5.93%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                        | Freddie Mac Gold Pool                                     | CUSIP: 3128M5VT4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     95408 | PA      | $101589.48    | 0.04%             | 2038-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SAFEHOLD GL HOLDINGS LLC           | Safehold GL Holdings LLC                                  | CUSIP: 78646UAB5<br>LEI: 54930012UY5Z4Q8NL108 | Long             | DBT              | CORP              | US        |    880000 | PA      | $794869.15    | 0.27%             | 2032-01-15      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| Atlassian Corp                     | Atlassian Corp                                            | CUSIP: 049468101<br>LEI: 549300V7ZY5P02D2MY38 | Long             | EC               | CORP              | AU        |      3305 | NS      | $390584.90    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| DataBank Issuer LLC                | DataBank Issuer                                           | CUSIP: 23802WAG6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1630000 | PA      | $1602767.35   | 0.55%             | 2051-10-25      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| Hageman Capital 2025 Issuer Tr     | Hageman Capital 2025 Issuer Trust                         | CUSIP: 405033AA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    940000 | PA      | $930953.16    | 0.32%             | 2056-08-09      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| DEPOSITORY TRUST & CLEAR           | Depository Trust & Clearing Corp/The                      | CUSIP: 249670AB6<br>LEI: MLDY5N6PZ58ZE60QU102 | Long             | DBT              | CORP              | US        |    500000 | PA      | $496343.30    | 0.17%             | N/A             | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| SIMON PROPERTY GROUP LP            | Simon Property Group LP                                   | CUSIP: 828807DT1<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              | CORP              | US        |    210000 | PA      | $189299.35    | 0.07%             | 2032-02-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                           | CUSIP: 3138AJXA5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    124205 | PA      | $122470.72    | 0.04%             | 2041-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Applied Materials Inc              | Applied Materials Inc                                     | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |      2866 | NS      | $923769.12    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                           | CUSIP: 3140XLDW5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2804477 | PA      | $2843895.97   | 0.98%             | 2043-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Albemarle Corp                     | Albemarle Corp                                            | CUSIP: 012653101<br>LEI: HDBLS2Q6GV1LSKQPBS54 | Long             | EC               | CORP              | US        |      7419 | NS      | $1265903.97   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                           | CUSIP: 31417JQR4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     10984 | PA      | $11207.02     | 0.00%             | 2039-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cia de Saneamento Basico do Es     | Cia de Saneamento Basico do Estado de Sao Paulo SABESP    | CUSIP: 20441A102<br>LEI: 254900UOXRZRS2TNWP19 | Long             | EC               | CORP              | BR        |     23294 | NS      | $625676.84    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Freddie Mac                        | Freddie Mac Pool                                          | CUSIP: 3132DV5D3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2605448 | PA      | $2333886.78   | 0.81%             | 2050-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Roche Holding AG                   | Roche Holding AG                                          | CUSIP: 771195104<br>LEI: 549300U41AUUVOAAOB37 | Long             | EC               | CORP              | CH        |     37135 | NS      | $2107411.25   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                           | CUSIP: 31419AB71<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     56330 | PA      | $59920.31     | 0.02%             | 2040-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Finance of America Structured      | Finance of America Structured Securities Trust 2022-S6    | CUSIP: 31740XAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1048047 | PA      | $1055036.59   | 0.36%             | 2061-07-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Flexential Issuer, LLC             | Flexential Issuer 2021-1                                  | CUSIP: 33938MAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1188571 | PA      | $1172372.08   | 0.41%             | 2051-11-27      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Halma PLC                          | Halma PLC                                                 | CUSIP: 40637C308<br>LEI: 2138007FRGLUR9KGBT40 | Long             | EC               | CORP              | GB        |      5725 | NS      | $562653.00    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Pear LLC                           | PEAR 2021-1 LLC                                           | CUSIP: 70472TAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    108241 | PA      | $108028.61    | 0.04%             | 2034-01-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                           | CUSIP: 31417YJC2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    221543 | PA      | $221933.66    | 0.08%             | 2039-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Elevance Health Inc                | Elevance Health Inc                                       | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |      4344 | NS      | $1501894.56   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| TRUIST FINANCIAL CORP              | Truist Financial Corp                                     | CUSIP: 89788MAE2<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |   1970000 | PA      | $1874426.95   | 0.65%             | 2029-06-07      | Fixed         | 1.89%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust           | JP Morgan Mortgage Trust 2017-3                           | CUSIP: 46647SAE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     24121 | PA      | $22010.67     | 0.01%             | 2047-08-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| SBA TOWER TRUST                    | SBA Tower Trust                                           | CUSIP: 78403DBD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    990000 | PA      | $994234.92    | 0.34%             | 2029-10-15      | Fixed         | 4.83%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                    | United States Treasury Note/Bond                          | CUSIP: 91282CAV3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  14236000 | PA      | $12434256.25  | 4.30%             | 2030-11-15      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| Winwater Mortgage Loan Trust       | WinWater Mortgage Loan Trust 2015-1                       | CUSIP: 97652TAA1<br>LEI: 5493006H0W2XGUBIBK91 | Long             | ABS-MBS          | CORP              | US        |     86122 | PA      | $80919.18     | 0.03%             | 2045-01-20      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| ASML Holding NV                    | ASML Holding NV                                           | CUSIP: 000000000<br>LEI: 724500Y6DUVHQD6OXN27 | Long             | EC               | CORP              | NL        |       668 | NS      | $950564.00    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO           | Capital One Financial Corp                                | CUSIP: 14040HDA0<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |   2250000 | PA      | $2414776.79   | 0.84%             | 2034-06-08      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Amphenol Corp                      | Amphenol Corp                                             | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |      4086 | NS      | $588710.88    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Sequoia Mortgage Trust             | Sequoia Mortgage Trust 2013-7                             | CUSIP: 81745CAB9<br>LEI: 549300DFASAA48I36408 | Long             | ABS-MBS          | CORP              | US        |    135293 | PA      | $123608.00    | 0.04%             | 2043-06-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| HEICO Corp                         | HEICO Corp                                                | CUSIP: 422806208<br>LEI: 529900O1DTDLCJ7L0I14 | Long             | EC               | CORP              | US        |      2167 | NS      | $551696.53    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| WALT DISNEY COMPANY/THE            | Walt Disney Co/The                                        | CUSIP: 254687EH5<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |    920000 | PA      | $1046020.20   | 0.36%             | 2037-11-15      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| CORNELL UNIVERSITY                 | Cornell University                                        | CUSIP: 219207AD9<br>LEI: 549300ZZIJPNT0RZWP17 | Long             | DBT              | CORP              | US        |   2220000 | PA      | $2226252.91   | 0.77%             | 2030-06-15      | Fixed         | 4.17%                 | No            |                  2 | On Loan: No      |
| CBRE Group Inc                     | CBRE Group Inc                                            | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |      6908 | NS      | $1176639.64   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED AIR 2018-1 B PTT            | United Airlines 2018-1 Class B Pass Through Trust         | CUSIP: 90932NAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     45071 | PA      | $45121.12     | 0.02%             | 2026-03-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                           | CUSIP: 31418MG63<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     20134 | PA      | $21320.59     | 0.01%             | 2038-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Nelnet Student Loan Trust          | Nelnet Student Loan Trust 2006-2                          | CUSIP: 640315AJ6<br>LEI: 549300ICCIKZ4HWN5R47 | Long             | ABS-O            | CORP              | US        |   1274128 | PA      | $1260308.59   | 0.44%             | 2037-01-26      | Floating      | 4.73%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust             | Sequoia Mortgage Trust 2013-6                             | CUSIP: 81745BAB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    920954 | PA      | $841431.85    | 0.29%             | 2043-05-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                        | Freddie Mac Gold Pool                                     | CUSIP: 3128M82W3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     76859 | PA      | $81838.60     | 0.03%             | 2040-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Sutherland Commercial Mortgage     | Sutherland Commercial Mortgage Trust 2019-SBC8            | CUSIP: 86935CAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1030042 | PA      | $988111.92    | 0.34%             | 2041-04-25      | Variable      | 2.86%                 | No            |                  2 | On Loan: No      |
| Vertex Pharmaceuticals Inc         | Vertex Pharmaceuticals Inc                                | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |      3955 | NS      | $1858454.50   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-03-25

**Name of Applicant:** Manning & Napier Fund, Inc.

**Signature:** Jill Peeper

**Name of Signer:** Jill Peeper

**Title:** Principal Financial Officer and Treasurer