# EDGAR Filing Document

**Accession Number:** 0001081400
**File Stem:** 0001752724-23-015217
**Filing Date:** 2023-1
**Character Count:** 251929
**Document Hash:** e0db2a09ed89ec03fd74c24042d84458
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-015217.hdr.sgml**: 20230126

**ACCESSION NUMBER**: 0001752724-23-015217

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221130

**FILED AS OF DATE**: 20230126

**DATE AS OF CHANGE**: 20230126

**PERIOD START**: 20230831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ALLSPRING FUNDS TRUST
- **CENTRAL INDEX KEY:** 0001081400
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09253
- **FILM NUMBER:** 23558272

**BUSINESS ADDRESS:**
- **STREET 1:** 1415 VANTAGE PARK DRIVE
- **STREET 2:** 3RD FLOOR
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28203
- **BUSINESS PHONE:** 833-568-4225

**MAIL ADDRESS:**
- **STREET 1:** 1415 VANTAGE PARK DRIVE
- **STREET 2:** 3RD FLOOR
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28203

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WELLS FARGO FUNDS TRUST
- **DATE OF NAME CHANGE:** 19990308

## Series and Classes Contracts Data

### Allspring Ultra Short-Term Income Fund (Series ID: S000007431)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000020394 | Administrator Class | WUSDX           |
| C000020395 | Class A             | SADAX           |
| C000020396 | Institutional Class | SADIX           |
| C000064989 | Class C             | WUSTX           |
| C000220297 | Class A2            | WUSNX           |

## Nport-Ex

Portfolio of investments—November 30, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Agency securities: 1.09%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FHLMC (1 Year Treasury Constant Maturity +2.21%) ± | 2.70% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5-1-2035 | &nbsp;&nbsp;$75718 | &nbsp;&nbsp;$76012 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FHLMC (1 Year Treasury Constant Maturity +2.25%) ± | 2.78 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9-1-2038 | &nbsp;&nbsp; 526567 | &nbsp;&nbsp;&nbsp;&nbsp; 528413 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FHLMC (1 Year Treasury Constant Maturity +2.24%) ± | 2.90 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4-1-2038 | &nbsp;&nbsp; 245706 | &nbsp;&nbsp;&nbsp;&nbsp; 246993 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FHLMC (1 Year Treasury Constant Maturity +2.25%) ± | 3.23 | &nbsp;&nbsp;&nbsp;&nbsp;10-1-2038 | &nbsp;&nbsp; 272272 | &nbsp;&nbsp;&nbsp;&nbsp; 265401 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FHLMC (1 Year Treasury Constant Maturity +2.25%) ± | 3.25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4-1-2032 | &nbsp;&nbsp; 37102 | &nbsp;&nbsp;&nbsp;&nbsp; 36557 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FHLMC (1 Year Treasury Constant Maturity +2.25%) ± | 3.38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6-1-2032 | &nbsp;&nbsp; 378 | &nbsp;&nbsp;&nbsp;&nbsp; 372 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FHLMC (1 Year Treasury Constant Maturity +0.00%) ± | 3.53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7-1-2029 | &nbsp;&nbsp; 147 | &nbsp;&nbsp;&nbsp;&nbsp; 145 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FHLMC (1 Year Treasury Constant Maturity +2.23%) ± | 3.62 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3-1-2035 | &nbsp;&nbsp; 282047 | &nbsp;&nbsp;&nbsp;&nbsp; 285197 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FHLMC (1 Year Treasury Constant Maturity +2.25%) ± | 4.06 | &nbsp;&nbsp;&nbsp;&nbsp;11-1-2035 | &nbsp;&nbsp; 736537 | &nbsp;&nbsp;&nbsp;&nbsp; 751559 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FHLMC | 4.50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6-1-2024 | &nbsp;&nbsp; 117735 | &nbsp;&nbsp;&nbsp;&nbsp; 117996 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FHLMC | 4.50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9-1-2026 | &nbsp;&nbsp; 197211 | &nbsp;&nbsp;&nbsp;&nbsp; 197443 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FHLMC | 5.50 | &nbsp;&nbsp;&nbsp;&nbsp;12-1-2023 | &nbsp;&nbsp; 16359 | &nbsp;&nbsp;&nbsp;&nbsp; 16296 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FHLMC | 6.00 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1-1-2024 | &nbsp;&nbsp; 4134 | &nbsp;&nbsp;&nbsp;&nbsp; 4126 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FHLMC | 7.00 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6-1-2031 | &nbsp;&nbsp; 153118 | &nbsp;&nbsp;&nbsp;&nbsp; 156275 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FHLMC Series 2611 Class HD | 5.00 | &nbsp;&nbsp;&nbsp;&nbsp;5-15-2023 | &nbsp;&nbsp; 20228 | &nbsp;&nbsp;&nbsp;&nbsp; 20170 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FHLMC Series 2704 Class BH | 4.50 | &nbsp;&nbsp;11-15-2023 | &nbsp;&nbsp; 25016 | &nbsp;&nbsp;&nbsp;&nbsp; 24865 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FHLMC Series 3924 Class MF (1 Month LIBOR +0.50%) ± | 4.37 | &nbsp;&nbsp;&nbsp;&nbsp;9-15-2041 | &nbsp;&nbsp; 537991 | &nbsp;&nbsp;&nbsp;&nbsp; 527967 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FHLMC Series 4172 Class PB | 1.50 | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2040 | &nbsp;&nbsp; 5692 | &nbsp;&nbsp;&nbsp;&nbsp; 5666 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FHLMC Series 4889 Class CD | 3.00 | &nbsp;&nbsp;&nbsp;&nbsp;4-15-2049 | &nbsp;&nbsp; 630423 | &nbsp;&nbsp;&nbsp;&nbsp; 576258 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FHLMC Series 4938 Class BF (1 Month LIBOR +0.50%) ± | 4.52 | &nbsp;&nbsp;12-25-2049 | &nbsp;&nbsp; 3028196 | &nbsp;&nbsp;&nbsp;&nbsp; 2945941 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FHLMC Series QO04 Class AFL (12 Month Treasury Average +0.74%) ± | 2.79 | &nbsp;&nbsp;&nbsp;&nbsp;5-25-2044 | &nbsp;&nbsp; 962074 | &nbsp;&nbsp;&nbsp;&nbsp; 961964 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FHLMC Series T-42 Class A6 | 9.50 | &nbsp;&nbsp;&nbsp;&nbsp;2-25-2042 | &nbsp;&nbsp; 398369 | &nbsp;&nbsp;&nbsp;&nbsp; 443229 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA (6 Month LIBOR +1.50%) ± | 3.20 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9-1-2037 | &nbsp;&nbsp; 174062 | &nbsp;&nbsp;&nbsp;&nbsp; 173413 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA (1 Year Treasury Constant Maturity +2.23%) ± | 3.31 | &nbsp;&nbsp;&nbsp;&nbsp;11-1-2038 | &nbsp;&nbsp;299298 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;304268 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA (1 Year Treasury Constant Maturity +2.21%) ± | 3.33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9-1-2035 | &nbsp;&nbsp;147090 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;149129 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA (1 Year Treasury Constant Maturity +2.22%) ± | 3.34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6-1-2032 | &nbsp;&nbsp;55275 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54488 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA (1 Year Treasury Constant Maturity +2.22%) ± | 3.35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6-1-2034 | &nbsp;&nbsp;344083 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;341559 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA (1 Year Treasury Constant Maturity +2.20%) ± | 3.53 | &nbsp;&nbsp;&nbsp;&nbsp;10-1-2034 | &nbsp;&nbsp;3007 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3051 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA (1 Year Treasury Constant Maturity +2.24%) ± | 3.60 | &nbsp;&nbsp;&nbsp;&nbsp;12-1-2040 | &nbsp;&nbsp;88527 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86769 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA (1 Year Treasury Constant Maturity +2.31%) ± | 3.61 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5-1-2036 | &nbsp;&nbsp;185702 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;187932 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA (12 Month LIBOR +1.77%) ± | 3.62 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7-1-2044 | &nbsp;&nbsp;794636 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;807299 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA (1 Year Treasury Constant Maturity +2.24%) ± | 3.67 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7-1-2038 | &nbsp;&nbsp;1070437 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1088936 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA (1 Year Treasury Constant Maturity +2.20%) ± | 3.71 | &nbsp;&nbsp;&nbsp;&nbsp;12-1-2040 | &nbsp;&nbsp;1279861 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1298326 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA (1 Year Treasury Constant Maturity +2.27%) ± | 3.80 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8-1-2036 | &nbsp;&nbsp;716592 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;728493 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA (12 Month Treasury Average +2.05%) ± | 3.80 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8-1-2045 | &nbsp;&nbsp;159145 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;156276 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA (1 Year Treasury Constant Maturity +2.36%) ± | 4.03 | &nbsp;&nbsp;&nbsp;&nbsp;11-1-2034 | &nbsp;&nbsp;333053 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;340237 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA (1 Year Treasury Constant Maturity +2.02%) ± | 4.10 | &nbsp;&nbsp;&nbsp;&nbsp;12-1-2034 | &nbsp;&nbsp;116989 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;118427 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA (6 Month LIBOR +1.38%) ± | 4.13 | &nbsp;&nbsp;&nbsp;&nbsp;10-1-2031 | &nbsp;&nbsp;35721 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35639 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA (1 Year Treasury Constant Maturity +2.19%) ± | 4.32 | &nbsp;&nbsp;&nbsp;&nbsp;11-1-2031 | &nbsp;&nbsp;32403 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31777 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA (1 Year Treasury Constant Maturity +2.26%) ± | 4.38 | &nbsp;&nbsp;&nbsp;&nbsp;11-1-2035 | &nbsp;&nbsp;38378 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37589 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA | 4.50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1-1-2027 | &nbsp;&nbsp;331748 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;332105 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA | 5.00 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6-1-2024 | &nbsp;&nbsp;115172 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;116584 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA | 6.00 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1-1-2023 | &nbsp;&nbsp;205 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;204 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA | 6.50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8-1-2031 | &nbsp;&nbsp;190140 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;197490 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA Series 2000-T6 Class A2 | 9.50 | &nbsp;&nbsp;11-25-2040 | &nbsp;&nbsp;177669 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;182752 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA Series 2001-T10 Class A3 | 9.50 | &nbsp;&nbsp;12-25-2041 | &nbsp;&nbsp;272591 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;287719 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA Series 2001-T12 Class A3 | 9.50 | &nbsp;&nbsp;&nbsp;&nbsp;8-25-2041 | &nbsp;&nbsp;243455 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;261781 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA Series 2002-T1 Class A4 | 9.50 | &nbsp;&nbsp;11-25-2031 | &nbsp;&nbsp;309413 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;341022 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA Series 2002-W04 Class A6 ±± | 3.61 | &nbsp;&nbsp;&nbsp;&nbsp;5-25-2042 | &nbsp;&nbsp;328869 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;315437 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA Series 2003-W11 Class A1 ±± | 3.72 | &nbsp;&nbsp;&nbsp;&nbsp;6-25-2033 | &nbsp;&nbsp;9754 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9764 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA Series 2003-W3 Class 1A4 ±± | 3.67 | &nbsp;&nbsp;&nbsp;&nbsp;8-25-2042 | &nbsp;&nbsp;17589 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16378 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA Series 2007-W2 Class 1A1 (1 Month LIBOR +0.32%) ± | 4.34 | &nbsp;&nbsp;&nbsp;&nbsp;3-25-2037 | &nbsp;&nbsp;190246 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;185880 |

---

See accompanying notes to portfolio of investments

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Allspring Ultra Short-Term Income Fund \| 1

------

Portfolio of investments—November 30, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Agency securities (continued)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA Series 2010-25 Class ND | 3.50% | &nbsp;&nbsp;&nbsp;&nbsp;3-25-2025 | &nbsp;&nbsp;$20 | &nbsp;&nbsp;$19 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA Series 2010-37 Class A1 | 5.41 | &nbsp;&nbsp;&nbsp;&nbsp;5-25-2035 | &nbsp;&nbsp; 574217 | &nbsp;&nbsp;&nbsp;&nbsp; 568693 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA Series 2010-57 Class DQ | 3.00 | &nbsp;&nbsp;&nbsp;&nbsp;6-25-2025 | &nbsp;&nbsp; 4133 | &nbsp;&nbsp;&nbsp;&nbsp; 4112 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA Series 2013-23 Class LF (1 Month LIBOR +0.35%) ± | 2.92 | &nbsp;&nbsp;&nbsp;&nbsp;3-25-2043 | &nbsp;&nbsp; 2753805 | &nbsp;&nbsp;&nbsp;&nbsp; 2717327 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA Series 2014-19 Class HA | 2.00 | &nbsp;&nbsp;&nbsp;&nbsp;6-25-2040 | &nbsp;&nbsp; 182136 | &nbsp;&nbsp;&nbsp;&nbsp; 171592 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GNMA | 7.00 | &nbsp;&nbsp;&nbsp;&nbsp;6-15-2033 | &nbsp;&nbsp; 225301 | &nbsp;&nbsp;&nbsp;&nbsp; 239876 |
| &nbsp;&nbsp;**Total Agency securities (Cost $20,337,116)** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **20081188** |
| &nbsp;&nbsp;**Asset-backed securities: 16.19%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ACM Auto Trust Series 2022-1A Class A 144A | 3.23 | &nbsp;&nbsp;&nbsp;&nbsp;4-20-2029 | &nbsp;&nbsp; 3615371 | &nbsp;&nbsp;&nbsp;&nbsp; 3602829 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Acres plc Series 2021-FL2 Class A (1 Month LIBOR +1.40%) 144A± | 5.31 | &nbsp;&nbsp;&nbsp;&nbsp;1-15-2037 | &nbsp;&nbsp; 4000000 | &nbsp;&nbsp;&nbsp;&nbsp; 3795809 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Airlines Pass-Through Trust Series 2013-2 | 4.95 | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2024 | &nbsp;&nbsp; 3375173 | &nbsp;&nbsp;&nbsp;&nbsp; 3354313 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Credit Acceptance Receivables Trust Series 2019-4 Class D 144A | 2.97 | &nbsp;&nbsp;12-12-2025 | &nbsp;&nbsp; 7074226 | &nbsp;&nbsp;&nbsp;&nbsp; 7008236 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Credit Acceptance Receivables Trust Series 2021-1 Class C 144A | 0.83 | &nbsp;&nbsp;&nbsp;&nbsp;3-15-2027 | &nbsp;&nbsp; 7485233 | &nbsp;&nbsp;&nbsp;&nbsp; 7367064 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aqua Finance Trust Series 2021-A Class A | 1.54 | &nbsp;&nbsp;&nbsp;&nbsp;7-17-2046 | &nbsp;&nbsp; 2158739 | &nbsp;&nbsp;&nbsp;&nbsp; 1971560 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bankers Healthcare Group Series 2021-A Class A 144A | 1.42 | &nbsp;&nbsp;11-17-2033 | &nbsp;&nbsp; 2791497 | &nbsp;&nbsp;&nbsp;&nbsp; 2584176 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CarNow Auto Receivables Trust 2020 Class C 144A | 3.84 | &nbsp;&nbsp;&nbsp;&nbsp;9-16-2024 | &nbsp;&nbsp; 1776337 | &nbsp;&nbsp;&nbsp;&nbsp; 1769249 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carvana Auto Receivables Trust Series 2019-4A Class D 144A | 3.07 | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2025 | &nbsp;&nbsp; 8749000 | &nbsp;&nbsp;&nbsp;&nbsp; 8553690 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CommonBond Student Loan Trust Series 2018-B-GS Class A1 144A | 3.56 | &nbsp;&nbsp;&nbsp;&nbsp;9-25-2045 | &nbsp;&nbsp; 2476486 | &nbsp;&nbsp;&nbsp;&nbsp; 2324661 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Credit Acceptance Auto Loan Trust Series 2020-3A Class A 144A | 1.24 | &nbsp;&nbsp;10-15-2029 | &nbsp;&nbsp; 3565866 | &nbsp;&nbsp;&nbsp;&nbsp; 3470221 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Crossroads Asset Trust Series 2021-A Class A2 144A | 0.82 | &nbsp;&nbsp;&nbsp;&nbsp;3-20-2024 | &nbsp;&nbsp; 567973 | &nbsp;&nbsp;&nbsp;&nbsp; 562680 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dominos Pizza Master Issuer LLC Series 2015-1A Class A2 144A | 4.47 | &nbsp;&nbsp;10-25-2045 | &nbsp;&nbsp;15980000 | &nbsp;&nbsp;&nbsp;&nbsp; 15182614 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DT Auto Owner Trust Series 2018-3A Class D 144A | 4.19 | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2024 | &nbsp;&nbsp; 152204 | &nbsp;&nbsp;&nbsp;&nbsp; 152157 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DT Auto Owner Trust Series 2019-4A Class D 144A | 2.85 | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2025 | &nbsp;&nbsp; 6880000 | &nbsp;&nbsp;&nbsp;&nbsp; 6784695 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DT Auto Owner Trust Series 2020-1A Class C 144A | 2.29 | &nbsp;&nbsp;11-17-2025 | &nbsp;&nbsp;1457106 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1449332 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ECMC Group Student Loan Trust Series 2020-2A Class A (1 Month LIBOR +1.15%) 144A± | 5.19 | &nbsp;&nbsp;11-25-2069 | &nbsp;&nbsp;5145702 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4957667 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Educational Services of America Incorporated Series 2015-2 Class A (1 Month LIBOR +1.00%) 144A± | 5.02 | &nbsp;&nbsp;12-25-2056 | &nbsp;&nbsp;279493 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;279511 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Enterprise Fleet Financing LLC Series 2019-3 Class A2 144A | 2.06 | &nbsp;&nbsp;&nbsp;&nbsp;5-20-2025 | &nbsp;&nbsp;787530 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;785400 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Enterprise Fleet Financing LLC Series 2021-1 Class A2 144A | 0.44 | &nbsp;&nbsp;12-21-2026 | &nbsp;&nbsp;4856074 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4680445 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Exeter Automobile Receivables Trust Series 2021-3A Class C | 0.96 | &nbsp;&nbsp;10-15-2026 | &nbsp;&nbsp;8418000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7894442 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Exeter Automobile Receivables Trust Series 2020-1A Class D | 2.73 | &nbsp;&nbsp;12-15-2025 | &nbsp;&nbsp;5800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5717055 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Flagship Credit Auto Trust Series FCAT 2018-3 Class D 144A | 4.15 | &nbsp;&nbsp;12-16-2024 | &nbsp;&nbsp;3456532 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3420774 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Foursight Capital Series 2019-1 Class C 144A | 3.07 | &nbsp;&nbsp;&nbsp;&nbsp;4-15-2025 | &nbsp;&nbsp;446672 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;446249 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GLS Automobile Receivables Trust Series 2019-3A Class C 144A | 2.96 | &nbsp;&nbsp;&nbsp;&nbsp;5-15-2025 | &nbsp;&nbsp;2459539 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2430959 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GLS Automobile Receivables Trust Series 2020-1A Class C 144A | 2.72 | &nbsp;&nbsp;11-17-2025 | &nbsp;&nbsp;8870000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8727886 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GLS Automobile Receivables Trust Series 2021-1A Class B 144A | 0.82 | &nbsp;&nbsp;&nbsp;&nbsp;4-15-2025 | &nbsp;&nbsp;567388 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;565693 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hertz Vehicle Financing LLC Series 2021-1A Class A 144A | 1.21 | &nbsp;&nbsp;12-26-2025 | &nbsp;&nbsp;11325000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10381586 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mercury Financial Credit Card Master Trust 144A | 1.54 | &nbsp;&nbsp;&nbsp;&nbsp;3-20-2026 | &nbsp;&nbsp;8400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7967104 |

---

See accompanying notes to portfolio of investments

------

2 \| Allspring Ultra Short-Term Income Fund

------

Portfolio of investments—November 30, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Asset-backed securities (continued)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mercury Financial Credit Card Master Trust MFCC Series 2022-1A 144A | 2.50% | &nbsp;&nbsp;&nbsp;&nbsp;9-21-2026 | &nbsp;&nbsp;$20000000 | &nbsp;&nbsp;$18926854 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MFRA Trust Series 2020-NQM1 Class A1 144A | 1.48 | &nbsp;&nbsp;&nbsp;&nbsp;3-25-2065 | &nbsp;&nbsp; 1283448 | &nbsp;&nbsp;&nbsp;&nbsp; 1212075 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Navient Student Loan Trust Series 2017-3A Class A3 (1 Month LIBOR +1.05%) 144A± | 5.07 | &nbsp;&nbsp;&nbsp;&nbsp;7-26-2066 | &nbsp;&nbsp; 5700000 | &nbsp;&nbsp;&nbsp;&nbsp; 5594976 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Navient Student Loan Trust Series 2018-CA Class A2 144A | 3.52 | &nbsp;&nbsp;&nbsp;&nbsp;6-16-2042 | &nbsp;&nbsp; 496234 | &nbsp;&nbsp;&nbsp;&nbsp; 485781 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Navient Student Loan Trust Series 2021-EA Class A 144A | 0.97 | &nbsp;&nbsp;12-16-2069 | &nbsp;&nbsp; 7433151 | &nbsp;&nbsp;&nbsp;&nbsp; 6140718 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Octane Receivables Trust Series 2020-1A Class A 144A | 1.71 | &nbsp;&nbsp;&nbsp;&nbsp;2-20-2025 | &nbsp;&nbsp; 1301699 | &nbsp;&nbsp;&nbsp;&nbsp; 1286233 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Octane Receivables Trust Series 2021-1A Class A 144A | 0.93 | &nbsp;&nbsp;&nbsp;&nbsp;3-22-2027 | &nbsp;&nbsp; 6838231 | &nbsp;&nbsp;&nbsp;&nbsp; 6590012 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ondeck Asset Securitization Trust Series 2021-1A Class A 144A | 1.59 | &nbsp;&nbsp;&nbsp;&nbsp;5-17-2027 | &nbsp;&nbsp; 8500000 | &nbsp;&nbsp;&nbsp;&nbsp; 7727514 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OneMain Direct Auto Receivables Trust Series 2021-1A Class A 144A | 0.87 | &nbsp;&nbsp;&nbsp;&nbsp;7-14-2028 | &nbsp;&nbsp;11760000 | &nbsp;&nbsp;&nbsp;&nbsp; 10802992 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oscar US Funding Trust Series 2018-2A Class A4 | 3.63 | &nbsp;&nbsp;&nbsp;&nbsp;9-10-2025 | &nbsp;&nbsp; 951525 | &nbsp;&nbsp;&nbsp;&nbsp; 948520 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oscar US Funding Trust Series 2021-1A Class A2 144A | 0.40 | &nbsp;&nbsp;&nbsp;&nbsp;3-11-2024 | &nbsp;&nbsp; 1220859 | &nbsp;&nbsp;&nbsp;&nbsp; 1215215 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pagaya AI Debt Selection Trust Series 2021-1 Class A 144A | 1.18 | &nbsp;&nbsp;11-15-2027 | &nbsp;&nbsp; 5737780 | &nbsp;&nbsp;&nbsp;&nbsp; 5628687 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PFS Financing Corporation Series 2021-A Class A | 0.71 | &nbsp;&nbsp;&nbsp;&nbsp;4-15-2026 | &nbsp;&nbsp; 9340000 | &nbsp;&nbsp;&nbsp;&nbsp; 8748678 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Santander Drive Auto Receivable Trust Series 2020-4 Class D | 1.48 | &nbsp;&nbsp;&nbsp;&nbsp;1-15-2027 | &nbsp;&nbsp;21370000 | &nbsp;&nbsp;&nbsp;&nbsp; 20284881 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Santander Drive Auto Receivable Trust Series 2021-2 Class B | 0.59 | &nbsp;&nbsp;&nbsp;&nbsp;9-15-2025 | &nbsp;&nbsp; 5344511 | &nbsp;&nbsp;&nbsp;&nbsp; 5320516 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SLM Student Loan Trust Series 2003-10A Class A4 (3 Month LIBOR +0.67%) 144A± | 3.96 | &nbsp;&nbsp;12-17-2068 | &nbsp;&nbsp;17399926 | &nbsp;&nbsp;&nbsp;&nbsp; 16281593 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SLM Student Loan Trust Series 2004-B Class A3 (3 Month LIBOR +0.33%) ± | 3.62 | &nbsp;&nbsp;&nbsp;&nbsp;3-15-2024 | &nbsp;&nbsp; 2543907 | &nbsp;&nbsp;&nbsp;&nbsp; 2537114 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SLM Student Loan Trust Series 2012-3 Class A | 4.67 | &nbsp;&nbsp;12-27-2038 | &nbsp;&nbsp; 3313689 | &nbsp;&nbsp;&nbsp;&nbsp; 3156794 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SLM Student Loan Trust Series 2013-1 Class A3 (1 Month LIBOR +0.55%) ± | 4.57 | &nbsp;&nbsp;&nbsp;&nbsp;5-26-2055 | &nbsp;&nbsp; 3544502 | &nbsp;&nbsp;&nbsp;&nbsp; 3420533 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SoFi Consumer Loan Program Trust Series 2021-1 Class A 144A | 0.49 | &nbsp;&nbsp;&nbsp;&nbsp;9-25-2030 | &nbsp;&nbsp; 1010329 | &nbsp;&nbsp;&nbsp;&nbsp; 982446 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SoFi Professional Loan Program LLC Series 2017-A Class A1 (1 Month LIBOR +0.70%) 144A± | 4.72 | &nbsp;&nbsp;&nbsp;&nbsp;3-26-2040 | &nbsp;&nbsp; 431484 | &nbsp;&nbsp;&nbsp;&nbsp; 430455 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SpringCastle America Funding LLC 144A | 1.97 | &nbsp;&nbsp;&nbsp;&nbsp;9-25-2037 | &nbsp;&nbsp; 2936625 | &nbsp;&nbsp;&nbsp;&nbsp; 2646517 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Taco Bell Funding LLC Series 2016-1A Class A23 | 4.97 | &nbsp;&nbsp;&nbsp;&nbsp;5-25-2046 | &nbsp;&nbsp; 6477975 | &nbsp;&nbsp;&nbsp;&nbsp; 6218267 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Towd Point Asset Trust Series 2018-SL1 Class A | 4.62 | &nbsp;&nbsp;&nbsp;&nbsp;1-25-2046 | &nbsp;&nbsp;1012557 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1005635 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Airlines Pass-Through Trust Series 2015-1 Class A | 3.70 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6-1-2024 | &nbsp;&nbsp;9550000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9549145 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Voya CLO Limited Series 2017-1A Class A1R (3 Month LIBOR +0.95%) 144A± | 5.03 | &nbsp;&nbsp;&nbsp;&nbsp;4-17-2030 | &nbsp;&nbsp;8034115 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7897752 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Westlake Automobile Receivables Trust Series 2020-3A Class B 144A | 0.78 | &nbsp;&nbsp;11-17-2025 | &nbsp;&nbsp;15829793 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15715554 |
| &nbsp;&nbsp;**Total Asset-backed securities (Cost $313,575,996)** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**298943514** |
| &nbsp;&nbsp;**Corporate bonds and notes: 33.26%** |  |  |  |  |
| &nbsp;&nbsp;**Communication services: 0.22%** |  |  |  |  |
| &nbsp;&nbsp;**Wireless telecommunication services: 0.22%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sprint Spectrum Company 144A | 4.74 | &nbsp;&nbsp;&nbsp;&nbsp;3-20-2025 | &nbsp;&nbsp;4173125 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4119711** |
| &nbsp;&nbsp;**Consumer discretionary: 2.61%** |  |  |  |  |
| &nbsp;&nbsp;**Automobiles: 0.94%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;General Motors Company | 5.40 | &nbsp;&nbsp;&nbsp;&nbsp;10-2-2023 | &nbsp;&nbsp;12459000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12475390 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Volkswagen Group of America 144A | 3.95 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6-6-2025 | &nbsp;&nbsp;5000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4858810 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**17334200** |

---

See accompanying notes to portfolio of investments

------

Allspring Ultra Short-Term Income Fund \| 3

------

Portfolio of investments—November 30, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Hotels, restaurants & leisure: 0.77%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Las Vegas Sands Corporation | 3.20% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8-8-2024 | &nbsp;&nbsp;$14845000 | &nbsp;&nbsp;**$14185338** |
| &nbsp;&nbsp;**Internet & direct marketing retail: 0.26%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;QVC Incorporated | 4.85 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4-1-2024 | &nbsp;&nbsp; 5000000 | &nbsp;&nbsp;&nbsp;&nbsp; **4760525** |
| &nbsp;&nbsp;**Textiles, apparel & luxury goods: 0.64%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Michael Kors USA Incorporated 144A | 4.25 | &nbsp;&nbsp;&nbsp;&nbsp;11-1-2024 | &nbsp;&nbsp;12574000 | &nbsp;&nbsp;&nbsp;&nbsp; **11835278** |
| &nbsp;&nbsp;**Consumer staples: 0.54%** |  |  |  |  |
| &nbsp;&nbsp;**Tobacco: 0.54%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Philip Morris International Incorporated | 5.13 | &nbsp;&nbsp;11-15-2024 | &nbsp;&nbsp; 9965000 | &nbsp;&nbsp;&nbsp;&nbsp; **9962137** |
| &nbsp;&nbsp;**Energy: 2.66%** |  |  |  |  |
| &nbsp;&nbsp;**Energy equipment & services: 0.62%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alexander Funding Trust 144A | 1.84 | &nbsp;&nbsp;11-15-2023 | &nbsp;&nbsp;12265000 | &nbsp;&nbsp;&nbsp;&nbsp; **11564447** |
| &nbsp;&nbsp;**Oil, gas & consumable fuels: 2.04%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Energy Transfer Partners LP | 4.20 | &nbsp;&nbsp;&nbsp;&nbsp;9-15-2023 | &nbsp;&nbsp; 4866000 | &nbsp;&nbsp;&nbsp;&nbsp; 4830461 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Plains All American Pipeline LP | 3.85 | &nbsp;&nbsp;10-15-2023 | &nbsp;&nbsp; 8971000 | &nbsp;&nbsp;&nbsp;&nbsp; 8850942 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sabine Pass Liquefaction LLC | 5.63 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3-1-2025 | &nbsp;&nbsp;10000000 | &nbsp;&nbsp;&nbsp;&nbsp; 10024907 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vistra Operations Company LLC 144A | 3.55 | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2024 | &nbsp;&nbsp;14500000 | &nbsp;&nbsp;&nbsp;&nbsp; 13902317 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **37608627** |
| &nbsp;&nbsp;**Financials: 17.57%** |  |  |  |  |
| &nbsp;&nbsp;**Banks: 4.46%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank of America Corporation (U.S. SOFR +0.74%) ± | 0.81 | &nbsp;&nbsp;10-24-2024 | &nbsp;&nbsp;12000000 | &nbsp;&nbsp;&nbsp;&nbsp; 11462859 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank of America Corporation (U.S. SOFR +0.65%) ± | 1.53 | &nbsp;&nbsp;&nbsp;&nbsp;12-6-2025 | &nbsp;&nbsp; 4500000 | &nbsp;&nbsp;&nbsp;&nbsp; 4133134 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank of America Corporation (U.S. SOFR +0.67%) ± | 1.84 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2-4-2025 | &nbsp;&nbsp; 8000000 | &nbsp;&nbsp;&nbsp;&nbsp; 7639968 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank of America Corporation (3 Month LIBOR +0.94%) ± | 3.86 | &nbsp;&nbsp;&nbsp;&nbsp;7-23-2024 | &nbsp;&nbsp; 4894000 | &nbsp;&nbsp;&nbsp;&nbsp; 4843412 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Citigroup Incorporated (U.S. SOFR +0.69%) ± | 0.78 | &nbsp;&nbsp;10-30-2024 | &nbsp;&nbsp;8000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7620155 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Citigroup Incorporated (U.S. SOFR +0.67%) ± | 0.98 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5-1-2025 | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1865792 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Huntington National Bank (U.S. SOFR +1.22%) ± | 5.70 | &nbsp;&nbsp;11-18-2025 | &nbsp;&nbsp;6000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6009622 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JPMorgan Chase & Company (U.S. SOFR +0.49%) ± | 0.77 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8-9-2025 | &nbsp;&nbsp;6000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5535523 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JPMorgan Chase & Company (U.S. SOFR +0.54%) ± | 0.82 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6-1-2025 | &nbsp;&nbsp;6280000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5840340 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JPMorgan Chase & Company (U.S. SOFR +1.46%) ± | 1.51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6-1-2024 | &nbsp;&nbsp;7250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7113678 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JPMorgan Chase & Company (U.S. SOFR +0.92%) ± | 4.72 | &nbsp;&nbsp;&nbsp;&nbsp;2-24-2026 | &nbsp;&nbsp;5000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4893450 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Manufacturers & Traders Trust Company | 5.40 | &nbsp;&nbsp;11-21-2025 | &nbsp;&nbsp;7750000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7786026 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Santander Holdings USA Incorporated (U.S. SOFR +1.38%) ± | 4.26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6-9-2025 | &nbsp;&nbsp;7900000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7646316 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**82390275** |
| &nbsp;&nbsp;**Capital markets: 2.49%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Goldman Sachs Group Incorporated (U.S. SOFR +0.49%) ± | 0.93 | &nbsp;&nbsp;10-21-2024 | &nbsp;&nbsp;8000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7630101 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Morgan Stanley (U.S. SOFR +0.62%) ± | 0.73 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4-5-2024 | &nbsp;&nbsp;5000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4900766 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Morgan Stanley (U.S. SOFR +1.16%) ± | 3.62 | &nbsp;&nbsp;&nbsp;&nbsp;4-17-2025 | &nbsp;&nbsp;10000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9746397 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Morgan Stanley (U.S. SOFR +0.56%) ± | 1.16 | &nbsp;&nbsp;10-21-2025 | &nbsp;&nbsp;8000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7317855 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Morgan Stanley (U.S. SOFR +0.94%) ± | 2.63 | &nbsp;&nbsp;&nbsp;&nbsp;2-18-2026 | &nbsp;&nbsp;12000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11288772 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;State Street Corporation (U.S. SOFR +1.35%) ± | 5.75 | &nbsp;&nbsp;&nbsp;&nbsp;11-4-2026 | &nbsp;&nbsp;5000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5106480 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**45990371** |
| &nbsp;&nbsp;**Consumer finance: 4.33%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bayer US Finance II LLC Company 144A | 3.88 | &nbsp;&nbsp;12-15-2023 | &nbsp;&nbsp;10700000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10528866 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BMW US Capital LLC 144A | 3.80 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4-6-2023 | &nbsp;&nbsp;5000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4982510 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BOC Aviation USA Corporation 144A | 1.63 | &nbsp;&nbsp;&nbsp;&nbsp;4-29-2024 | &nbsp;&nbsp;4785000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4521200 |

---

See accompanying notes to portfolio of investments

------

4 \| Allspring Ultra Short-Term Income Fund

------

Portfolio of investments—November 30, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Consumer finance (continued)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Daimler Finance North America LLC 144A | 1.75% | &nbsp;&nbsp;&nbsp;&nbsp;3-10-2023 | &nbsp;&nbsp;$1715000 | &nbsp;&nbsp;$1700574 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Daimler Finance North America LLC 144A | 1.13 | &nbsp;&nbsp;12-14-2023 | &nbsp;&nbsp;18780000 | &nbsp;&nbsp;&nbsp;&nbsp; 18005495 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ford Motor Credit Company LLC | 2.30 | &nbsp;&nbsp;&nbsp;&nbsp;2-10-2025 | &nbsp;&nbsp; 8000000 | &nbsp;&nbsp;&nbsp;&nbsp; 7340000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hyundai Capital America Company 144A | 0.80 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1-8-2024 | &nbsp;&nbsp;10000000 | &nbsp;&nbsp;&nbsp;&nbsp; 9481446 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hyundai Capital America Company 144A | 1.25 | &nbsp;&nbsp;&nbsp;&nbsp;9-18-2023 | &nbsp;&nbsp; 4750000 | &nbsp;&nbsp;&nbsp;&nbsp; 4589035 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hyundai Capital America Company 144A | 2.38 | &nbsp;&nbsp;&nbsp;&nbsp;2-10-2023 | &nbsp;&nbsp; 1720000 | &nbsp;&nbsp;&nbsp;&nbsp; 1709527 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Navient Corporation | 7.25 | &nbsp;&nbsp;&nbsp;&nbsp;9-25-2023 | &nbsp;&nbsp; 2400000 | &nbsp;&nbsp;&nbsp;&nbsp; 2400207 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Onemain Finance Corporation | 5.63 | &nbsp;&nbsp;&nbsp;&nbsp;3-15-2023 | &nbsp;&nbsp; 4550000 | &nbsp;&nbsp;&nbsp;&nbsp; 4540523 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Toyota Motor Credit Corporation | 5.40 | &nbsp;&nbsp;11-10-2025 | &nbsp;&nbsp;10000000 | &nbsp;&nbsp;&nbsp;&nbsp; 10168710 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **79968093** |
| &nbsp;&nbsp;**Diversified financial services: 1.69%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DAE Funding LLC 144A | 1.55 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8-1-2024 | &nbsp;&nbsp; 5250000 | &nbsp;&nbsp;&nbsp;&nbsp; 4887041 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Equitable Financial Life 144A%% | 5.50 | &nbsp;&nbsp;&nbsp;&nbsp;12-2-2025 | &nbsp;&nbsp;10615000 | &nbsp;&nbsp;&nbsp;&nbsp; 10667619 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jackson Financial Incorporated | 1.13 | &nbsp;&nbsp;11-22-2023 | &nbsp;&nbsp; 5725000 | &nbsp;&nbsp;&nbsp;&nbsp; 5489466 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WEA Finance LLC 144A | 3.75 | &nbsp;&nbsp;&nbsp;&nbsp;9-17-2024 | &nbsp;&nbsp;10766000 | &nbsp;&nbsp;&nbsp;&nbsp; 10199315 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **31243441** |
| &nbsp;&nbsp;**Insurance: 4.60%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Athene Global Funding 144A | 1.20 | &nbsp;&nbsp;10-13-2023 | &nbsp;&nbsp; 5000000 | &nbsp;&nbsp;&nbsp;&nbsp; 4802050 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Athene Global Funding 144A | 2.80 | &nbsp;&nbsp;&nbsp;&nbsp;5-26-2023 | &nbsp;&nbsp; 5000000 | &nbsp;&nbsp;&nbsp;&nbsp; 4938824 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Athene Global Funding 144A | 0.91 | &nbsp;&nbsp;&nbsp;&nbsp;8-19-2024 | &nbsp;&nbsp; 5000000 | &nbsp;&nbsp;&nbsp;&nbsp; 4581084 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brighthouse Financial 144A | 0.60 | &nbsp;&nbsp;&nbsp;&nbsp;6-28-2023 | &nbsp;&nbsp; 6595000 | &nbsp;&nbsp;&nbsp;&nbsp; 6414084 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brighthouse Financial 144A | 1.75 | &nbsp;&nbsp;&nbsp;&nbsp;1-13-2025 | &nbsp;&nbsp;11340000 | &nbsp;&nbsp;&nbsp;&nbsp; 10451098 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GA Global Funding Trust 144A | 1.00 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4-8-2024 | &nbsp;&nbsp;20775000 | &nbsp;&nbsp;&nbsp;&nbsp; 19401977 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Met Tower Global Funding 144A | 0.70 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4-5-2024 | &nbsp;&nbsp;12000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11300903 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Principal Life Global Funding II 144A | 1.38 | &nbsp;&nbsp;&nbsp;&nbsp;1-10-2025 | &nbsp;&nbsp;13000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12021136 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Protective Life Global Funding 144A | 0.47 | &nbsp;&nbsp;&nbsp;&nbsp;1-12-2024 | &nbsp;&nbsp;10000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9489819 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Security Benefit Company 144A | 1.25 | &nbsp;&nbsp;&nbsp;&nbsp;5-17-2024 | &nbsp;&nbsp;1665000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1553607 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**84954582** |
| &nbsp;&nbsp;**Health care: 0.71%** |  |  |  |  |
| &nbsp;&nbsp;**Health care providers & services: 0.71%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HCA Incorporated | 5.25 | &nbsp;&nbsp;&nbsp;&nbsp;4-15-2025 | &nbsp;&nbsp;13185000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**13157928** |
| &nbsp;&nbsp;**Industrials: 1.21%** |  |  |  |  |
| &nbsp;&nbsp;**Aerospace & defense: 0.48%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Boeing Company | 1.43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2-4-2024 | &nbsp;&nbsp;5000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4772971 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Boeing Company | 4.51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5-1-2023 | &nbsp;&nbsp;4000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3985551 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8758522** |
| &nbsp;&nbsp;**Airlines: 0.73%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Delta Air Lines Incorporated 144A | 4.50 | &nbsp;&nbsp;10-20-2025 | &nbsp;&nbsp;10000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9742029 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Delta Air Lines Pass-Through Certificates Series 2015-B | 4.25 | &nbsp;&nbsp;&nbsp;&nbsp;1-30-2025 | &nbsp;&nbsp;3828665 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3756942 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**13498971** |
| &nbsp;&nbsp;**Information technology: 1.66%** |  |  |  |  |
| &nbsp;&nbsp;**IT services: 0.70%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fidelity National Information Services Incorporated | 0.38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3-1-2023 | &nbsp;&nbsp;13000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**12852620** |
| &nbsp;&nbsp;**Semiconductors & semiconductor equipment: 0.44%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Marvell Technology Incorporated | 4.20 | &nbsp;&nbsp;&nbsp;&nbsp;6-22-2023 | &nbsp;&nbsp;2800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2783981 |

---

See accompanying notes to portfolio of investments

------

Allspring Ultra Short-Term Income Fund \| 5

------

Portfolio of investments—November 30, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Semiconductors & semiconductor equipment (continued)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Microchip Technology Incorporated | 2.67% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9-1-2023 | &nbsp;&nbsp;$3475000 | &nbsp;&nbsp;$3398307 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Skyworks Solutions Incorporated | 0.90 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6-1-2023 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp;&nbsp;&nbsp; 1954081 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **8136369** |
| &nbsp;&nbsp;**Software: 0.37%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oracle Corporation | 5.80 | &nbsp;&nbsp;11-10-2025 | &nbsp;&nbsp; 6581000 | &nbsp;&nbsp;&nbsp;&nbsp; **6740909** |
| &nbsp;&nbsp;**Technology hardware, storage & peripherals: 0.15%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Western Digital Corporation | 4.75 | &nbsp;&nbsp;&nbsp;&nbsp;2-15-2026 | &nbsp;&nbsp; 3000000 | &nbsp;&nbsp;&nbsp;&nbsp; **2827500** |
| &nbsp;&nbsp;**Materials: 0.57%** |  |  |  |  |
| &nbsp;&nbsp;**Chemicals: 0.57%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Celanese US Holding LLC | 6.05 | &nbsp;&nbsp;&nbsp;&nbsp;3-15-2025 | &nbsp;&nbsp;10600000 | &nbsp;&nbsp;&nbsp;&nbsp; **10546762** |
| &nbsp;&nbsp;**Real estate: 1.82%** |  |  |  |  |
| &nbsp;&nbsp;**Equity REITs: 1.82%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Camden Property Trust | 4.88 | &nbsp;&nbsp;&nbsp;&nbsp;6-15-2023 | &nbsp;&nbsp; 3000000 | &nbsp;&nbsp;&nbsp;&nbsp; 2985256 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Piedmont Operating Partnership LP | 4.45 | &nbsp;&nbsp;&nbsp;&nbsp;3-15-2024 | &nbsp;&nbsp;10235000 | &nbsp;&nbsp;&nbsp;&nbsp; 10076347 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SBA Tower Trust 144A | 3.45 | &nbsp;&nbsp;&nbsp;&nbsp;3-15-2048 | &nbsp;&nbsp; 7175000 | &nbsp;&nbsp;&nbsp;&nbsp; 7175000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Service Properties Trust | 4.50 | &nbsp;&nbsp;&nbsp;&nbsp;6-15-2023 | &nbsp;&nbsp; 3500000 | &nbsp;&nbsp;&nbsp;&nbsp; 3469375 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Simon Property Group LP (U.S. SOFR +0.43%) ± | 3.86 | &nbsp;&nbsp;&nbsp;&nbsp;1-11-2024 | &nbsp;&nbsp;10000000 | &nbsp;&nbsp;&nbsp;&nbsp; 9930952 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **33636930** |
| &nbsp;&nbsp;**Utilities: 3.69%** |  |  |  |  |
| &nbsp;&nbsp;**Electric utilities: 2.28%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Electric Power | 0.75 | &nbsp;&nbsp;&nbsp;&nbsp;11-1-2023 | &nbsp;&nbsp; 7000000 | &nbsp;&nbsp;&nbsp;&nbsp; 6707408 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Entergy Louisiana LLC | 0.62 | &nbsp;&nbsp;11-17-2023 | &nbsp;&nbsp; 6045000 | &nbsp;&nbsp;&nbsp;&nbsp; 5793221 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NextEra Energy Operating Partners LP 144A | 4.25 | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2024 | &nbsp;&nbsp; 2030000 | &nbsp;&nbsp;&nbsp;&nbsp; 1961573 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NextEra Energy Operating Partners LP (3 Month LIBOR +0.27%) ± | 4.93 | &nbsp;&nbsp;&nbsp;&nbsp;2-22-2023 | &nbsp;&nbsp;20000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19995563 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Southern California Edison Company | 0.70 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4-3-2023 | &nbsp;&nbsp;7800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7707034 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**42164799** |
| &nbsp;&nbsp;**Gas utilities: 0.81%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;One Gas Incorporated | 0.85 | &nbsp;&nbsp;&nbsp;&nbsp;3-11-2023 | &nbsp;&nbsp;5058000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5046844 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Southern California Gas Company (3 Month LIBOR +0.35%) ± | 3.62 | &nbsp;&nbsp;&nbsp;&nbsp;9-14-2023 | &nbsp;&nbsp;10000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9975204 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**15022048** |
| &nbsp;&nbsp;**Multi-utilities: 0.60%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CenterPoint Energy Incorporated | 0.70 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3-2-2023 | &nbsp;&nbsp;4625000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4572287 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CenterPoint Energy Incorporated (3 Month LIBOR +0.50%) ± | 3.60 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3-2-2023 | &nbsp;&nbsp;2665000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2662858 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CenterPoint Energy Incorporated (U.S. SOFR +0.65%) ± | 4.45 | &nbsp;&nbsp;&nbsp;&nbsp;5-13-2024 | &nbsp;&nbsp;3840000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3784893 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**11020038** |
| &nbsp;&nbsp;**Total Corporate bonds and notes (Cost $638,326,655)** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**614280421** |

---

See accompanying notes to portfolio of investments

------

6 \| Allspring Ultra Short-Term Income Fund

------

Portfolio of investments—November 30, 2022 (unaudited)

------

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Investment companies: 2.30%** |  |  |
| &nbsp;&nbsp;**Exchange-traded funds: 2.30%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iShares 0-5 Year High Yield Corporate Bond ETF | &nbsp;&nbsp;&nbsp;&nbsp; 417000 | &nbsp;&nbsp;$17438940 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SPDR Portfolio Short Term Corporate Bond ETF | &nbsp;&nbsp;&nbsp;&nbsp; 847800 | &nbsp;&nbsp;&nbsp;&nbsp; 24967710 |
| &nbsp;&nbsp;**Total Investment companies (Cost $44,581,230)** |  | &nbsp;&nbsp;&nbsp;&nbsp; **42406650** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** |  | &nbsp;&nbsp;**Principal** |  |
| &nbsp;&nbsp;**Municipal obligations: 0.11%** |  |  |  |  |
| &nbsp;&nbsp;**Indiana: 0.11%** |  |  |  |  |
| &nbsp;&nbsp;**Education revenue: 0.11%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indiana Secondary Market for Education Loans Incorporated (1 Month LIBOR +0.80%) ± | 1.47% | &nbsp;&nbsp;&nbsp;&nbsp;2-25-2044 | &nbsp;&nbsp;$2074034 | &nbsp;&nbsp;&nbsp;&nbsp; **2070909** |
| &nbsp;&nbsp;**Total Municipal obligations (Cost $2,055,346)** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **2070909** |
| &nbsp;&nbsp;**Non-agency mortgage-backed securities: 24.76%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Money Management Corporation Series 2014-14A Class A1R2 (3 Month LIBOR +1.02%) 144A± | 5.38 | &nbsp;&nbsp;&nbsp;&nbsp;7-25-2029 | &nbsp;&nbsp; 7909074 | &nbsp;&nbsp;&nbsp;&nbsp; 7818729 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Angel Oak Mortgage Trust I LLC Series 2019-4 Class A1 144A | 2.99 | &nbsp;&nbsp;&nbsp;&nbsp;7-26-2049 | &nbsp;&nbsp; 111736 | &nbsp;&nbsp;&nbsp;&nbsp; 110871 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Angel Oak Mortgage Trust I LLC Series 2020-4 Class A1 144A±± | 1.47 | &nbsp;&nbsp;&nbsp;&nbsp;6-25-2065 | &nbsp;&nbsp; 908781 | &nbsp;&nbsp;&nbsp;&nbsp; 819225 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Angel Oak Mortgage Trust I LLC Series 2020-5 Class A2 144A | 1.58 | &nbsp;&nbsp;&nbsp;&nbsp;5-25-2065 | &nbsp;&nbsp; 692960 | &nbsp;&nbsp;&nbsp;&nbsp; 611440 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Angel Oak Mortgage Trust I LLC Series 2020-R1 Class A1 144A±± | 0.99 | &nbsp;&nbsp;&nbsp;&nbsp;4-25-2053 | &nbsp;&nbsp; 2725620 | &nbsp;&nbsp;&nbsp;&nbsp; 2534519 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Black Diamond CLO Limited Series 2017-1A Class A1 (3 Month LIBOR +1.05%) 144A± | 5.37 | &nbsp;&nbsp;&nbsp;&nbsp;4-24-2029 | &nbsp;&nbsp; 572147 | &nbsp;&nbsp;&nbsp;&nbsp; 564668 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bravo Residential Funding Trust Series 2020-RPL1 Class A1 144A±± | 2.50 | &nbsp;&nbsp;&nbsp;&nbsp;5-26-2059 | &nbsp;&nbsp; 996715 | &nbsp;&nbsp;&nbsp;&nbsp; 940268 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bravo Residential Funding Trust Series 2021-HE2 Class A1 (30 Day Average U.S. SOFR +0.75%) 144A± | 4.30 | &nbsp;&nbsp;11-25-2069 | &nbsp;&nbsp; 6789584 | &nbsp;&nbsp;&nbsp;&nbsp; 6696933 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bunker Hill Loan Depositary Trust Series 2019-2 Class A1 144A | 2.88 | &nbsp;&nbsp;&nbsp;&nbsp;7-25-2049 | &nbsp;&nbsp; 1274967 | &nbsp;&nbsp;&nbsp;&nbsp; 1173552 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carlyle C17 CLO Limited Series C17-A Class A1AR (3 Month LIBOR +1.03%) 144A± | 5.44 | &nbsp;&nbsp;&nbsp;&nbsp;4-30-2031 | &nbsp;&nbsp; 3000000 | &nbsp;&nbsp;&nbsp;&nbsp; 2953422 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cascade Funding Mortgage Trust Series 2018-RM2 Class A 144A | 4.00 | &nbsp;&nbsp;10-25-2068 | &nbsp;&nbsp; 530530 | &nbsp;&nbsp;&nbsp;&nbsp; 508979 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cascade Funding Mortgage Trust Series 2020-HB4 Class A 144A±± | 0.95 | &nbsp;&nbsp;12-26-2030 | &nbsp;&nbsp; 2342085 | &nbsp;&nbsp;&nbsp;&nbsp; 2262759 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cascade Funding Mortgage Trust Series 2021-AL1 Class B 144A | 1.39 | &nbsp;&nbsp;&nbsp;&nbsp;9-22-2031 | &nbsp;&nbsp; 8130991 | &nbsp;&nbsp;&nbsp;&nbsp; 7660359 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cascade Funding Mortgage Trust Series 2021-EBO1 Class A 144A | 0.98 | &nbsp;&nbsp;11-25-2050 | &nbsp;&nbsp; 4364277 | &nbsp;&nbsp;&nbsp;&nbsp; 4160736 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cascade Funding Mortgage Trust Series 2021-HB7 Class A 144A | 1.15 | &nbsp;&nbsp;10-27-2031 | &nbsp;&nbsp; 3918925 | &nbsp;&nbsp;&nbsp;&nbsp; 3662331 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CCG Receivables Trust Series 2022-1 Class A2 144A | 3.91 | &nbsp;&nbsp;&nbsp;&nbsp;7-16-2029 | &nbsp;&nbsp; 5000000 | &nbsp;&nbsp;&nbsp;&nbsp; 4900170 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CGMS Series 2015-1A Class AR3 (3 Month LIBOR +0.98%) 144A± | 5.22 | &nbsp;&nbsp;&nbsp;&nbsp;7-20-2031 | &nbsp;&nbsp;11134965 | &nbsp;&nbsp;&nbsp;&nbsp; 10915495 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CHNGE Mortgage Trust Series 2022-2 Class A1 144A | 3.76 | &nbsp;&nbsp;&nbsp;&nbsp;3-25-2067 | &nbsp;&nbsp;13478792 | &nbsp;&nbsp;&nbsp;&nbsp; 12340196 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CIFC Funding Limited Series 2018-1A Class A (3 Month LIBOR +1.00%) 144A± | 5.19 | &nbsp;&nbsp;&nbsp;&nbsp;4-18-2031 | &nbsp;&nbsp;1750000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1711701 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colt Funding LLC Series 2020-2 Class A1 | 1.85 | &nbsp;&nbsp;&nbsp;&nbsp;3-25-2065 | &nbsp;&nbsp;276388 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;269928 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colt Funding LLC Series 2021-1R Class A1 144A | 0.86 | &nbsp;&nbsp;&nbsp;&nbsp;5-25-2065 | &nbsp;&nbsp;2657342 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2161404 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colt Funding LLC Series 2021-HX1 Class A1 144A | 1.11 | &nbsp;&nbsp;10-25-2066 | &nbsp;&nbsp;11502336 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9265284 |

---

See accompanying notes to portfolio of investments

------

Allspring Ultra Short-Term Income Fund \| 7

------

Portfolio of investments—November 30, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturitydate** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Non-agency mortgage-backed securities (continued)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Commercial Mortgage Trust Series 2014-CR16 Class ASB | 3.65% | &nbsp;&nbsp;&nbsp;&nbsp;4-10-2047 | &nbsp;&nbsp;$857945 | &nbsp;&nbsp;$848119 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Commercial Mortgage Trust Series 2014-UBS5 Class A2 | 3.03 | &nbsp;&nbsp;&nbsp;&nbsp;9-10-2047 | &nbsp;&nbsp; 113748 | &nbsp;&nbsp;&nbsp;&nbsp; 109731 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Countrywide Home Loans Mortgage Pass-Through Trust Series 2001-HYB1 Class 1A1 | 3.25 | &nbsp;&nbsp;&nbsp;&nbsp;6-19-2031 | &nbsp;&nbsp; 90824 | &nbsp;&nbsp;&nbsp;&nbsp; 86400 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Countrywide Home Loans Mortgage Pass-Through Trust Series 2001-HYB1 Class 2A1 | 3.40 | &nbsp;&nbsp;&nbsp;&nbsp;6-19-2031 | &nbsp;&nbsp; 57033 | &nbsp;&nbsp;&nbsp;&nbsp; 54124 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Credit Suisse Mortgage Trust Series 2020-AFC1 Class A3 144A | 2.51 | &nbsp;&nbsp;&nbsp;&nbsp;2-25-2050 | &nbsp;&nbsp; 1757445 | &nbsp;&nbsp;&nbsp;&nbsp; 1609137 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Credit Suisse Mortgage Trust Series 2020-SPT1 Class A1 144A | 1.62 | &nbsp;&nbsp;&nbsp;&nbsp;4-25-2065 | &nbsp;&nbsp; 820742 | &nbsp;&nbsp;&nbsp;&nbsp; 789445 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Credit Suisse Mortgage Trust Series 2021-NQM2 Class A1 144A | 1.18 | &nbsp;&nbsp;&nbsp;&nbsp;2-25-2066 | &nbsp;&nbsp; 4438393 | &nbsp;&nbsp;&nbsp;&nbsp; 3716601 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Credit Suisse Mortgage Trust Series 2022-NQM1 Class A1 144A±± | 2.27 | &nbsp;&nbsp;11-25-2066 | &nbsp;&nbsp; 6467031 | &nbsp;&nbsp;&nbsp;&nbsp; 5233047 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CSAIL Commercial Mortgage Trust Series 2018-CX12 Class A2 | 4.14 | &nbsp;&nbsp;&nbsp;&nbsp;8-15-2051 | &nbsp;&nbsp; 833776 | &nbsp;&nbsp;&nbsp;&nbsp; 823167 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DBWF Mortgage Trust Series 2018-GLKS Class A (1 Month LIBOR +1.03%) 144A± | 4.97 | &nbsp;&nbsp;12-19-2030 | &nbsp;&nbsp; 635000 | &nbsp;&nbsp;&nbsp;&nbsp; 612704 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dryden Senior Loan Fund Series 2013-30A | 5.43 | &nbsp;&nbsp;11-15-2028 | &nbsp;&nbsp; 4691413 | &nbsp;&nbsp;&nbsp;&nbsp; 4631298 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dryden Senior Loan Fund Series 2019-80A AR (U.S. SOFR 3 Month +1.25%) 144A± | 5.11 | &nbsp;&nbsp;&nbsp;&nbsp;1-17-2033 | &nbsp;&nbsp;11000000 | &nbsp;&nbsp;&nbsp;&nbsp; 10620401 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ellington Financial Mortgage Trust Series 2020-1 Class A1 144A | 2.01 | &nbsp;&nbsp;&nbsp;&nbsp;5-25-2065 | &nbsp;&nbsp; 356155 | &nbsp;&nbsp;&nbsp;&nbsp; 343151 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ellington Financial Mortgage Trust Series 2021-1 Class A1 144A | 0.80 | &nbsp;&nbsp;&nbsp;&nbsp;2-25-2066 | &nbsp;&nbsp; 759579 | &nbsp;&nbsp;&nbsp;&nbsp; 597835 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EquiFirst Mortgage Loan Trust Series 2003-2 Class 3A3 (1 Month LIBOR +1.13%) ± | 5.01 | &nbsp;&nbsp;&nbsp;&nbsp;9-25-2033 | &nbsp;&nbsp; 198847 | &nbsp;&nbsp;&nbsp;&nbsp; 193453 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GCAT Series 2022 HX1 Class A1 144A | 2.89 | &nbsp;&nbsp;12-27-2066 | &nbsp;&nbsp;15517738 | &nbsp;&nbsp;&nbsp;&nbsp; 13892345 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Goldman Sachs Mortgage Securities Trust Series 2013-GC16 Class AAB | 3.81 | &nbsp;&nbsp;11-10-2046 | &nbsp;&nbsp; 563060 | &nbsp;&nbsp;&nbsp;&nbsp; 558795 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Goldman Sachs Mortgage Securities Trust Series 2014-GC22 Class A3 | 3.52 | &nbsp;&nbsp;&nbsp;&nbsp;6-10-2047 | &nbsp;&nbsp; 1233338 | &nbsp;&nbsp;&nbsp;&nbsp; 1231547 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Goldman Sachs Mortgage Securities Trust Series 2020-NQM1 Class A1 144A | 1.38 | &nbsp;&nbsp;&nbsp;&nbsp;9-27-2060 | &nbsp;&nbsp; 1307908 | &nbsp;&nbsp;&nbsp;&nbsp; 1187077 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gracie Point International Funding Series 2022-1A Class A (30 Day Average U.S. SOFR +2.25%) 144A± | 5.28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4-1-2024 | &nbsp;&nbsp;11999887 | &nbsp;&nbsp;&nbsp;&nbsp; 11877749 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GSMPS Mortgage Loan Trust Series 1998-1 Class A 144A | 8.00 | &nbsp;&nbsp;&nbsp;&nbsp;9-19-2027 | &nbsp;&nbsp; 24371 | &nbsp;&nbsp;&nbsp;&nbsp; 22659 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HGI CRE CLO Limited Series 2021-FL2 Class A (1 Month LIBOR +1.00%) 144A± | 4.89 | &nbsp;&nbsp;&nbsp;&nbsp;9-17-2036 | &nbsp;&nbsp; 8070000 | &nbsp;&nbsp;&nbsp;&nbsp; 7675154 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hospitality Mortgage Trust Series 2019 Class A (1 Month LIBOR +1.00%) 144A± | 4.88 | &nbsp;&nbsp;11-15-2036 | &nbsp;&nbsp; 3728874 | &nbsp;&nbsp;&nbsp;&nbsp; 3621013 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Imperial Fund LLC Series 2021-NQM1 Class A1 144A | 1.07 | &nbsp;&nbsp;&nbsp;&nbsp;6-25-2056 | &nbsp;&nbsp;2211201 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1835208 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Imperial Fund LLC Series 2022-NQM3 Class A1 144A | 4.38 | &nbsp;&nbsp;&nbsp;&nbsp;5-25-2067 | &nbsp;&nbsp;14312660 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13175795 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Imperial Fund Mortgage Trust Series 2020-NQM1 Class A1 144A | 1.38 | &nbsp;&nbsp;10-25-2055 | &nbsp;&nbsp;2795976 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2508948 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Imperial Fund Mortgage Trust Series 2021-NQM3 Class A1 144A | 1.60 | &nbsp;&nbsp;11-25-2056 | &nbsp;&nbsp;6678179 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5379162 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JPMorgan Chase Commercial Mortgage Securities Trust Series 2018-PHH Class A (1 Month LIBOR +1.21%) 144A± | 5.09 | &nbsp;&nbsp;&nbsp;&nbsp;6-15-2035 | &nbsp;&nbsp;3571081 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3257241 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JPMorgan Chase Commercial Mortgage Securities Trust Series 2019-7 Class B2A 144A | 3.03 | &nbsp;&nbsp;&nbsp;&nbsp;2-25-2050 | &nbsp;&nbsp;2319339 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1828659 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JPMorgan Chase Commercial Mortgage Securities Trust Series 2019-MFP Class A (1 Month LIBOR +0.96%) 144A± | 4.84 | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2036 | &nbsp;&nbsp;2299009 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2231146 |

---

See accompanying notes to portfolio of investments

------

8 \| Allspring Ultra Short-Term Income Fund

------

Portfolio of investments—November 30, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturitydate** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Non-agency mortgage-backed securities (continued)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Legacy Mortgage Asset Trust Series 2020-RPL1 Class A1 144A±± | 3.00% | &nbsp;&nbsp;&nbsp;&nbsp;9-25-2059 | &nbsp;&nbsp;$8181542 | &nbsp;&nbsp;$7642217 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Marlette Funding Trust Series 2021-1A Class B 144A | 1.00 | &nbsp;&nbsp;&nbsp;&nbsp;6-16-2031 | &nbsp;&nbsp; 3789698 | &nbsp;&nbsp;&nbsp;&nbsp; 3730431 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Marlette Funding Trust Series 2021-2A Class A 144A | 0.51 | &nbsp;&nbsp;&nbsp;&nbsp;9-15-2031 | &nbsp;&nbsp; 305939 | &nbsp;&nbsp;&nbsp;&nbsp; 305056 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Master Mortgages Trust Series 2002-3 Class 4A1 | 2.83 | &nbsp;&nbsp;10-25-2032 | &nbsp;&nbsp; 1647 | &nbsp;&nbsp;&nbsp;&nbsp; 1537 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Med Trust Series 2021-MDLN (1 Month LIBOR +0.95%) 144A± | 4.83 | &nbsp;&nbsp;11-15-2038 | &nbsp;&nbsp; 8000000 | &nbsp;&nbsp;&nbsp;&nbsp; 7639110 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MF1 Multifamily Housing Mortgage Loan Trust Series 2021-FL5 Class A (U.S. SOFR 1 Month +0.96%) 144A± | 4.83 | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2036 | &nbsp;&nbsp; 7530320 | &nbsp;&nbsp;&nbsp;&nbsp; 7239967 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MF1 Multifamily Housing Mortgage Series 2021-FL7 Class A (1 Month LIBOR +1.08%) 144A± | 5.02 | &nbsp;&nbsp;10-16-2036 | &nbsp;&nbsp;12000000 | &nbsp;&nbsp;&nbsp;&nbsp; 11431603 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MF1 Multifamily Housing Mortgage Series 2022-FL8 Class A (30 Day Average U.S. SOFR +1.35%) 144A± | 4.77 | &nbsp;&nbsp;&nbsp;&nbsp;2-19-2037 | &nbsp;&nbsp;13025000 | &nbsp;&nbsp;&nbsp;&nbsp; 12356599 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MFRA Trust Series 2020-NQM3 Class A1 144A±± | 1.01 | &nbsp;&nbsp;&nbsp;&nbsp;1-26-2065 | &nbsp;&nbsp; 1230072 | &nbsp;&nbsp;&nbsp;&nbsp; 1122947 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MFRA Trust Series 2021-NQM1 Class A1 144A | 1.15 | &nbsp;&nbsp;&nbsp;&nbsp;4-25-2065 | &nbsp;&nbsp; 4130905 | &nbsp;&nbsp;&nbsp;&nbsp; 3566930 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mill City Mortgage Loan Trust Series 2017-2 Class A1 144A | 2.75 | &nbsp;&nbsp;&nbsp;&nbsp;7-25-2059 | &nbsp;&nbsp; 691822 | &nbsp;&nbsp;&nbsp;&nbsp; 677891 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mill City Mortgage Loan Trust Series 2018-2 Class A1 144A | 3.50 | &nbsp;&nbsp;&nbsp;&nbsp;5-25-2058 | &nbsp;&nbsp; 1296172 | &nbsp;&nbsp;&nbsp;&nbsp; 1266393 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Residential Mortgage Loan Series 2021-INV1 Class A6 144A | 2.50 | &nbsp;&nbsp;&nbsp;&nbsp;6-25-2051 | &nbsp;&nbsp; 5723837 | &nbsp;&nbsp;&nbsp;&nbsp; 4901757 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NewRez WareHouse Securitization Series 2021-1 Class A (1 Month LIBOR +0.75%) 144A± | 4.79 | &nbsp;&nbsp;&nbsp;&nbsp;5-25-2055 | &nbsp;&nbsp;10000000 | &nbsp;&nbsp;&nbsp;&nbsp; 9785202 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oceanview Mortgage Trust 2021-EBO1 Class 1A 144A | 1.22 | &nbsp;&nbsp;12-29-2051 | &nbsp;&nbsp; 3000954 | &nbsp;&nbsp;&nbsp;&nbsp; 2910918 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Octagon Investment Partners Series 2017-1A Class A1R (3 Month LIBOR +1.00%) 144A± | 5.24 | &nbsp;&nbsp;&nbsp;&nbsp;3-17-2030 | &nbsp;&nbsp;11400000 | &nbsp;&nbsp;&nbsp;&nbsp; 11209221 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OneMain Financial Issuance Trust Series 2020-1A Class A 144A | 3.84 | &nbsp;&nbsp;&nbsp;&nbsp;5-14-2032 | &nbsp;&nbsp;10354397 | &nbsp;&nbsp;&nbsp;&nbsp; 10255877 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Onslow Bay Financial LLC Series 2020-EXP1 Class 1A8 144A | 3.50 | &nbsp;&nbsp;&nbsp;&nbsp;2-25-2060 | &nbsp;&nbsp; 714884 | &nbsp;&nbsp;&nbsp;&nbsp; 632088 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Onslow Bay Financial LLC Series 2021-NQM3 Class A1 144A | 1.05 | &nbsp;&nbsp;&nbsp;&nbsp;7-25-2061 | &nbsp;&nbsp; 4498193 | &nbsp;&nbsp;&nbsp;&nbsp; 3375282 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OPG Trust Series 2021-PORT Class A (1 Month LIBOR +0.48%) 144A± | 4.36 | &nbsp;&nbsp;10-15-2036 | &nbsp;&nbsp;17134353 | &nbsp;&nbsp;&nbsp;&nbsp; 16253956 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Palmer Square Loan Funding Limited Series 2013-2A Class A1A3 (3 Month LIBOR +1.00%) 144A± | 5.23 | &nbsp;&nbsp;10-17-2031 | &nbsp;&nbsp;17785000 | &nbsp;&nbsp;&nbsp;&nbsp; 17425690 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PFS Financing Corporation Series 2020-E Class A 144A | 1.00 | &nbsp;&nbsp;10-15-2025 | &nbsp;&nbsp;15000000 | &nbsp;&nbsp;&nbsp;&nbsp; 14360532 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ReadyCap Commercial Mortgage Trust Series 2019-5 Class A 144A | 3.78 | &nbsp;&nbsp;&nbsp;&nbsp;2-25-2052 | &nbsp;&nbsp; 483345 | &nbsp;&nbsp;&nbsp;&nbsp; 475581 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Residential Mortgage Loan Trust Series 2019-2 Class A1 144A | 2.91 | &nbsp;&nbsp;&nbsp;&nbsp;5-25-2059 | &nbsp;&nbsp;331982 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;324859 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Residential Mortgage Loan Trust Series 2021-1R Class A1 144A | 0.86 | &nbsp;&nbsp;&nbsp;&nbsp;1-25-2065 | &nbsp;&nbsp;3273356 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2994371 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Salomon Brothers Mortgage Securities VII Series 1990-2 Class A | 1.15 | &nbsp;&nbsp;11-25-2049 | &nbsp;&nbsp;80239 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79899 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SCF Equipment Trust LLC Series 2021-1A Class A2 | 0.42 | &nbsp;&nbsp;&nbsp;&nbsp;8-20-2026 | &nbsp;&nbsp;566847 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;565593 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sound Point CLO Limited Series 2015-1RA Class AR (3 Month LIBOR +1.08%) 144A± | 5.16 | &nbsp;&nbsp;&nbsp;&nbsp;4-15-2030 | &nbsp;&nbsp;12555000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12304992 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SPGN TFLM Mortgage Trust Series 2022 Class A (U.S. SOFR 1 Month +1.55%) 144A± | 5.34 | &nbsp;&nbsp;&nbsp;&nbsp;2-15-2039 | &nbsp;&nbsp;20000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18905896 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Starwood Mortgage Residential Trust Series 2020-1 Class A3 144A | 2.56 | &nbsp;&nbsp;&nbsp;&nbsp;2-25-2050 | &nbsp;&nbsp;3379210 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3211278 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Starwood Mortgage Residential Trust Series 2021-2 Class A1 144A±± | 0.94 | &nbsp;&nbsp;&nbsp;&nbsp;5-25-2065 | &nbsp;&nbsp;2845247 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2621341 |

---

See accompanying notes to portfolio of investments

------

Allspring Ultra Short-Term Income Fund \| 9

------

Portfolio of investments—November 30, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturitydate** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Non-agency mortgage-backed securities (continued)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TCI Symphony CLO Series 2016-1A Class AR2 (3 Month LIBOR +1.02%) 144A± | 4.96% | &nbsp;&nbsp;10-13-2032 | &nbsp;&nbsp;$7685000 | &nbsp;&nbsp;$7502535 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Toorak Mortgage Trust Series 2021-INV2 Class A1 144A | 1.97 | &nbsp;&nbsp;11-25-2056 | &nbsp;&nbsp;13190433 | &nbsp;&nbsp;&nbsp;&nbsp; 10828364 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Towd Point Mortgage Trust Series 2017-1 Class A1 144A | 2.75 | &nbsp;&nbsp;10-25-2056 | &nbsp;&nbsp; 606934 | &nbsp;&nbsp;&nbsp;&nbsp; 595457 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Towd Point Mortgage Trust Series 2017-4 Class A1 144A | 2.75 | &nbsp;&nbsp;&nbsp;&nbsp;6-25-2057 | &nbsp;&nbsp; 968689 | &nbsp;&nbsp;&nbsp;&nbsp; 915422 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Towd Point Mortgage Trust Series 2017-6 Class A1 144A | 2.75 | &nbsp;&nbsp;10-25-2057 | &nbsp;&nbsp; 1009129 | &nbsp;&nbsp;&nbsp;&nbsp; 959193 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Towd Point Mortgage Trust Series 2018-2 Class A1 | 3.25 | &nbsp;&nbsp;&nbsp;&nbsp;3-25-2058 | &nbsp;&nbsp; 1775316 | &nbsp;&nbsp;&nbsp;&nbsp; 1693259 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Towd Point Mortgage Trust Series 2018-3 Class A1 144A | 3.75 | &nbsp;&nbsp;&nbsp;&nbsp;5-25-2058 | &nbsp;&nbsp; 3636428 | &nbsp;&nbsp;&nbsp;&nbsp; 3425643 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TPG Real Estate Finance Trust Series 2022-FL5 Class A (30 Day Average U.S. SOFR +1.65%) 144A± | 5.02 | &nbsp;&nbsp;&nbsp;&nbsp;2-15-2039 | &nbsp;&nbsp;15000000 | &nbsp;&nbsp;&nbsp;&nbsp; 14753963 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;UBS Commercial Mortgage Trust Series 2018-NYCH Class A (1 Month LIBOR +0.85%) 144A± | 4.73 | &nbsp;&nbsp;&nbsp;&nbsp;2-15-2032 | &nbsp;&nbsp; 3574342 | &nbsp;&nbsp;&nbsp;&nbsp; 3471933 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Verus Securitization Trust Series 2019-3 Class A1 144A±± | 2.69 | &nbsp;&nbsp;11-25-2059 | &nbsp;&nbsp; 1385575 | &nbsp;&nbsp;&nbsp;&nbsp; 1300157 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Verus Securitization Trust Series 2020-2 Class A1 | 2.23 | &nbsp;&nbsp;&nbsp;&nbsp;5-25-2060 | &nbsp;&nbsp; 198977 | &nbsp;&nbsp;&nbsp;&nbsp; 190534 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Verus Securitization Trust Series 2020-INV1 Class A1 144A | 1.98 | &nbsp;&nbsp;&nbsp;&nbsp;3-25-2060 | &nbsp;&nbsp; 471759 | &nbsp;&nbsp;&nbsp;&nbsp; 450002 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Verus Securitization Trust Series 2021-1 Class A2 144A | 1.05 | &nbsp;&nbsp;&nbsp;&nbsp;1-25-2066 | &nbsp;&nbsp; 3765150 | &nbsp;&nbsp;&nbsp;&nbsp; 2990565 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Verus Securitization Trust Series 2021-2 Class A1 | 1.03 | &nbsp;&nbsp;&nbsp;&nbsp;2-25-2066 | &nbsp;&nbsp; 2132577 | &nbsp;&nbsp;&nbsp;&nbsp; 1761278 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Verus Securitization Trust Series 2021-R3 Class A1 | 1.02 | &nbsp;&nbsp;&nbsp;&nbsp;4-25-2064 | &nbsp;&nbsp; 3757354 | &nbsp;&nbsp;&nbsp;&nbsp; 3239838 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wilshire Funding Corporation Series 1996-3 Class M2 | 7.44 | &nbsp;&nbsp;&nbsp;&nbsp;8-25-2032 | &nbsp;&nbsp; 78194 | &nbsp;&nbsp;&nbsp;&nbsp; 79155 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wilshire Funding Corporation Series 1996-3 Class M3 | 7.44 | &nbsp;&nbsp;&nbsp;&nbsp;8-25-2032 | &nbsp;&nbsp; 47825 | &nbsp;&nbsp;&nbsp;&nbsp; 46745 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wilshire Funding Corporation Series 1998-2 Class M1 (12 Month Treasury Average +2.00%) ± | 3.10 | &nbsp;&nbsp;12-28-2037 | &nbsp;&nbsp; 86767 | &nbsp;&nbsp;&nbsp;&nbsp; 84972 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wind River CLO Limited Series 2013-2A Class AR (3 Month LIBOR +1.00%) 144A± | 5.19 | &nbsp;&nbsp;10-18-2030 | &nbsp;&nbsp;16900000 | &nbsp;&nbsp;&nbsp;&nbsp; 16594583 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Zais Matrix CDO Series 2020-14A Class A1AR (3 Month LIBOR +1.20%) 144A± | 5.28 | &nbsp;&nbsp;&nbsp;&nbsp;4-15-2032 | &nbsp;&nbsp;12353914 | &nbsp;&nbsp;&nbsp;&nbsp; 12150917 |
| &nbsp;&nbsp;**Total Non-agency mortgage-backed securities (Cost $488,431,049)** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **457203609** |
| &nbsp;&nbsp;**Yankee corporate bonds and notes: 12.61%** |  |  |  |  |
| &nbsp;&nbsp;**Consumer discretionary: 0.27%** |  |  |  |  |
| &nbsp;&nbsp;**Automobiles: 0.27%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nissan Motor Company Limited 144A | 3.04 | &nbsp;&nbsp;&nbsp;&nbsp;9-15-2023 | &nbsp;&nbsp;4500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4397702 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stellantis NV | 5.25 | &nbsp;&nbsp;&nbsp;&nbsp;4-15-2023 | &nbsp;&nbsp;530000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;527965 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4925667** |
| &nbsp;&nbsp;**Consumer staples: 0.26%** |  |  |  |  |
| &nbsp;&nbsp;**Beverages: 0.26%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Coca-Cola Europacific Partners plc 144A | 0.50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5-5-2023 | &nbsp;&nbsp;5000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4892675** |
| &nbsp;&nbsp;**Energy: 0.55%** |  |  |  |  |
| &nbsp;&nbsp;**Oil, gas & consumable fuels: 0.55%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Canadian National Resources | 2.95 | &nbsp;&nbsp;&nbsp;&nbsp;1-15-2023 | &nbsp;&nbsp;5389000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5384535 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Harvest Operations Corporation 144A | 1.00 | &nbsp;&nbsp;&nbsp;&nbsp;4-26-2024 | &nbsp;&nbsp;5000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4711549 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**10096084** |
| &nbsp;&nbsp;**Financials: 8.50%** |  |  |  |  |
| &nbsp;&nbsp;**Banks: 6.59%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ANZ New Zealand International Company 144A | 1.90 | &nbsp;&nbsp;&nbsp;&nbsp;2-13-2023 | &nbsp;&nbsp;2800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2783668 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Banco Bilbao Vizcaya Argentaria SA | 0.88 | &nbsp;&nbsp;&nbsp;&nbsp;9-18-2023 | &nbsp;&nbsp;5000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4826919 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Banco Santander SA | 3.89 | &nbsp;&nbsp;&nbsp;&nbsp;5-24-2024 | &nbsp;&nbsp;15000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14696368 |

---

See accompanying notes to portfolio of investments

------

10 \| Allspring Ultra Short-Term Income Fund

------

Portfolio of investments—November 30, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturitydate** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Banks (continued)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Barclays Bank plc (1 Year Treasury Constant Maturity +0.80%) ± | 1.01% | &nbsp;&nbsp;12-10-2024 | &nbsp;&nbsp;$5135000 | &nbsp;&nbsp;$4855854 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BNP Paribas 144A | 3.50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3-1-2023 | &nbsp;&nbsp; 4000000 | &nbsp;&nbsp;&nbsp;&nbsp; 3980014 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Corporación Andina de Fomento | 2.38 | &nbsp;&nbsp;&nbsp;&nbsp;5-12-2023 | &nbsp;&nbsp; 4860000 | &nbsp;&nbsp;&nbsp;&nbsp; 4793250 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Credit Suisse New York | 3.63 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9-9-2024 | &nbsp;&nbsp; 8000000 | &nbsp;&nbsp;&nbsp;&nbsp; 7360015 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Danske Bank Class A (1 Year Treasury Constant Maturity +1.45%) 144A± | 3.77 | &nbsp;&nbsp;&nbsp;&nbsp;3-28-2025 | &nbsp;&nbsp;16850000 | &nbsp;&nbsp;&nbsp;&nbsp; 16222123 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deutsche Bank (U.S. SOFR +2.16%) ± | 2.22 | &nbsp;&nbsp;&nbsp;&nbsp;9-18-2024 | &nbsp;&nbsp; 3500000 | &nbsp;&nbsp;&nbsp;&nbsp; 3357907 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HSBC Holdings plc (U.S. SOFR +0.58%) ± | 1.16 | &nbsp;&nbsp;11-22-2024 | &nbsp;&nbsp;10000000 | &nbsp;&nbsp;&nbsp;&nbsp; 9468446 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HSBC Holdings plc (3 Month LIBOR +1.21%) ± | 3.80 | &nbsp;&nbsp;&nbsp;&nbsp;3-11-2025 | &nbsp;&nbsp;10000000 | &nbsp;&nbsp;&nbsp;&nbsp; 9684894 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ING Groep NV (U.S. SOFR +1.64%) ± | 3.87 | &nbsp;&nbsp;&nbsp;&nbsp;3-28-2026 | &nbsp;&nbsp; 4000000 | &nbsp;&nbsp;&nbsp;&nbsp; 3842492 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Intesa Sanpaolo SpA 144A | 3.38 | &nbsp;&nbsp;&nbsp;&nbsp;1-12-2023 | &nbsp;&nbsp; 4800000 | &nbsp;&nbsp;&nbsp;&nbsp; 4785987 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mitsubishi UFJ Financial Group Incorporated (1 Year Treasury Constant Maturity +0.68%) ± | 0.85 | &nbsp;&nbsp;&nbsp;&nbsp;9-15-2024 | &nbsp;&nbsp; 4000000 | &nbsp;&nbsp;&nbsp;&nbsp; 3845369 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mizuho Financial Group Incorporated (U.S. SOFR +0.87%) ± | 0.85 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9-8-2024 | &nbsp;&nbsp; 6990000 | &nbsp;&nbsp;&nbsp;&nbsp; 6715126 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mizuho Financial Group Incorporated (U.S. SOFR +1.25%) ± | 1.24 | &nbsp;&nbsp;&nbsp;&nbsp;7-10-2024 | &nbsp;&nbsp; 2420000 | &nbsp;&nbsp;&nbsp;&nbsp; 2351283 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NatWest Markets plc 144A | 2.38 | &nbsp;&nbsp;&nbsp;&nbsp;5-21-2023 | &nbsp;&nbsp; 5290000 | &nbsp;&nbsp;&nbsp;&nbsp; 5201217 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nordea Bank AB 144A | 3.75 | &nbsp;&nbsp;&nbsp;&nbsp;8-30-2023 | &nbsp;&nbsp;10000000 | &nbsp;&nbsp;&nbsp;&nbsp; 9872233 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Toronto-Dominion Bank (U.S. SOFR +0.45%) ± | 3.81 | &nbsp;&nbsp;&nbsp;&nbsp;9-28-2023 | &nbsp;&nbsp; 3000000 | &nbsp;&nbsp;&nbsp;&nbsp; 2989896 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **121633061** |
| &nbsp;&nbsp;**Capital markets: 0.37%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;UBS AG 144A | 0.38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6-1-2023 | &nbsp;&nbsp; 7000000 | &nbsp;&nbsp;&nbsp;&nbsp; **6838832** |
| &nbsp;&nbsp;**Diversified financial services: 0.52%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AerCap Ireland Capital Designated Activity Company / AerCap Global Aviation Trust | 1.15 | &nbsp;&nbsp;10-29-2023 | &nbsp;&nbsp;10000000 | &nbsp;&nbsp;&nbsp;&nbsp; **9556235** |
| &nbsp;&nbsp;**Thrifts & mortgage finance: 1.02%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nationwide Building Society 144A | 0.55 | &nbsp;&nbsp;&nbsp;&nbsp;1-22-2024 | &nbsp;&nbsp;20000000 | &nbsp;&nbsp;&nbsp;&nbsp; **18950031** |
| &nbsp;&nbsp;**Industrials: 0.71%** |  |  |  |  |
| &nbsp;&nbsp;**Airlines: 0.21%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AerCap Ireland Limited | 4.13 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7-3-2023 | &nbsp;&nbsp;4000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3964057** |
| &nbsp;&nbsp;**Transportation infrastructure: 0.50%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sydney Airport Finance Company | 3.90 | &nbsp;&nbsp;&nbsp;&nbsp;3-22-2023 | &nbsp;&nbsp;9265000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9228256** |
| &nbsp;&nbsp;**Information technology: 0.78%** |  |  |  |  |
| &nbsp;&nbsp;**Semiconductors & semiconductor equipment: 0.78%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Renesas Electronics Corporation 144A | 1.54 | &nbsp;&nbsp;11-26-2024 | &nbsp;&nbsp;15670000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**14344992** |
| &nbsp;&nbsp;**Materials: 1.19%** |  |  |  |  |
| &nbsp;&nbsp;**Chemicals: 1.19%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nutrien Limited | 5.90 | &nbsp;&nbsp;&nbsp;&nbsp;11-7-2024 | &nbsp;&nbsp;5000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5057749 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Park Aerospace Holdings Company 144A | 4.50 | &nbsp;&nbsp;&nbsp;&nbsp;3-15-2023 | &nbsp;&nbsp;4000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3980102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Syngenta Finance NV 144A | 4.44 | &nbsp;&nbsp;&nbsp;&nbsp;4-24-2023 | &nbsp;&nbsp;13000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12909658 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**21947509** |
| &nbsp;&nbsp;**Utilities: 0.35%** |  |  |  |  |
| &nbsp;&nbsp;**Electric utilities: 0.35%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Enel Finance International N.V 144A | 6.80 | &nbsp;&nbsp;10-14-2025 | &nbsp;&nbsp;6345000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6570379** |
| &nbsp;&nbsp;**Total Yankee corporate bonds and notes (Cost $240,885,382)** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**232947778** |

---

See accompanying notes to portfolio of investments

------

Allspring Ultra Short-Term Income Fund \| 11

------

Portfolio of investments—November 30, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturitydate** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Short-term investments: 9.79%** |  |  |  |  |
| &nbsp;&nbsp;**Commercial paper: 4.85%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank of America Corporation ☼ | 0.00% | &nbsp;&nbsp;&nbsp;&nbsp;12-1-2022 | &nbsp;&nbsp;$25000000 | &nbsp;&nbsp;$24997397 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Citigroup Incorporated ☼ | 1.02 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2-1-2023 | &nbsp;&nbsp;20000000 | &nbsp;&nbsp;&nbsp;&nbsp; 19845720 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Groupe BPCE SA ☼ | 0.49 | &nbsp;&nbsp;12-20-2022 | &nbsp;&nbsp;20000000 | &nbsp;&nbsp;&nbsp;&nbsp; 19956556 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Macquarie Bank Limited ☼ | 1.09 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2-3-2023 | &nbsp;&nbsp;25000000 | &nbsp;&nbsp;&nbsp;&nbsp; 24794302 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **89593975** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Yield** | &nbsp;&nbsp;**Shares** |  |
| &nbsp;&nbsp;**Investment companies: 4.94%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allspring Government Money Market Fund Select Class ♠∞## |  | 3.60 | &nbsp;&nbsp;&nbsp;&nbsp;91159262 | &nbsp;&nbsp;&nbsp;&nbsp; 91159262 |
| &nbsp;&nbsp;**Total Short-term investments (Cost $181,069,459)** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **180753237** |
| &nbsp;&nbsp;**Total investments in securities (Cost $1,929,262,233)** | 100.11% |  |  | &nbsp;&nbsp;&nbsp;&nbsp;1848687306 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other assets and liabilities, net | &nbsp;&nbsp;&nbsp;(0.11) |  |  | &nbsp;&nbsp;&nbsp;&nbsp; (1983665) |
| &nbsp;&nbsp;**Total net assets** | **100.00%** |  |  | &nbsp;&nbsp;**$1846703641** |

---

---

| | |
|:---|:---|
| ± | Variable rate investment. The rate shown is the rate in effect at period end. |
| ±± | The coupon of the security is adjusted based on the principal and/or interest payments received from the underlying pool of mortgages as well as the credit quality and the actual prepayment speed of the underlying mortgages. The rate shown is the rate in effect at period end. |
| 144A | The security may be resold in transactions exempt from registration, normally to qualified institutional buyers, pursuant to Rule 144A under the Securities Act of 1933. |
| ## | All or a portion of this security is segregated for when-issued securities. |
| ♠ | The issuer of the security is an affiliated person of the Fund as defined in the Investment Company Act of 1940. |
| ☼ | Zero coupon security. The rate represents the current yield to maturity. |
| ∞ | The rate represents the 7-day annualized yield at period end. |
| %% | The security is purchased on a when-issued basis. |

---

---

| | |
|:---|:---|
| Abbreviations: | Abbreviations: |
| FHLMC | &nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation |
| FNMA | &nbsp;&nbsp;&nbsp;Federal National Mortgage Association |
| GNMA | &nbsp;&nbsp;&nbsp;Government National Mortgage Association |
| LIBOR | &nbsp;&nbsp;&nbsp;London Interbank Offered Rate |
| REIT | &nbsp;&nbsp;&nbsp;Real estate investment trust |
| SOFR | &nbsp;&nbsp;&nbsp;Secured Overnight Financing Rate |

---

See accompanying notes to portfolio of investments

------

12 \| Allspring Ultra Short-Term Income Fund

------

Portfolio of investments—November 30, 2022 (unaudited)

------

#### Investments in affiliates
An affiliated investment is an investment in which the Fund owns at least 5% of the outstanding voting shares of the issuer or as a result of other relationships, such as the Fund and the issuer having the same investment manager. Transactions with issuers that were affiliates of the Fund at the end of the period were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value,<br> beginning of<br> period** | **Purchases** | **Sales<br> proceeds** | **Net<br> realized<br> gains<br> (losses)** | **Net<br> change in<br> unrealized<br> gains<br> (losses)** | **Value,<br> end of<br> period** | **Shares,<br> end<br> of period** | **Income<br> from<br> affiliated<br> securities** |
| &nbsp;&nbsp;**Short-term investments** | &nbsp;&nbsp;**Short-term investments** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allspring Government Money Market Fund Select Class | $90308312 | $350036768 | $(349185818) | &nbsp;&nbsp;&nbsp;&nbsp;$0 | $0 | $91159262 | 91159262 | $664131 |
| &nbsp;&nbsp;**Investments in affiliates no<br> longer held at end of period** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Securities Lending Cash Investments LLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;82018075 | &nbsp;&nbsp;&nbsp;&nbsp;(82017248) | &nbsp;&nbsp;&nbsp;&nbsp;(827) | &nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63283<sup>#</sup> |
|  |  |  |  | **$(827)** | **$0** | **$91159262** |  | **$727414** |

---

---

| | |
|:---|:---|
| <sup>#</sup> | Amount shown represents income before fees and rebates. |

---

#### Futures contracts

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Description** | &nbsp;&nbsp;**Number of<br> contracts** | &nbsp;&nbsp;**Expiration<br> date** | &nbsp;&nbsp;**Notional<br> cost** | &nbsp;&nbsp;**Notional<br> value** | &nbsp;&nbsp;**Unrealized<br> gains** | &nbsp;&nbsp;**Unrealized<br> losses** |
| &nbsp;&nbsp;**Long** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5-Year U.S. Treasury Notes | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;898 | &nbsp;&nbsp;3-31-2023 | &nbsp;&nbsp;&nbsp;$97041562 | &nbsp;&nbsp;&nbsp;$97496141 | &nbsp;&nbsp;$454579 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$0 |
| &nbsp;&nbsp;**Short** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;10-Year U.S. Treasury Notes | &nbsp;&nbsp;&nbsp;&nbsp;(328) | &nbsp;&nbsp;3-22-2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(37170883) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(37228000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(57117) |
| &nbsp;&nbsp;&nbsp;&nbsp;2-Year U.S. Treasury Notes | &nbsp;&nbsp;(1890) | &nbsp;&nbsp;3-31-2023 | &nbsp;&nbsp;&nbsp;&nbsp;(387417443) | &nbsp;&nbsp;&nbsp;&nbsp;(388129221) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;(711778) |
|  |  |  |  |  | &nbsp;&nbsp;**$454579** | &nbsp;&nbsp;**$(768895)** |

---

See accompanying notes to portfolio of investments

------

Allspring Ultra Short-Term Income Fund \| 13

------

Notes to portfolio of investments—November 30, 2022 (unaudited)

------

Securities valuation

All investments are valued each business day as of the close of regular trading on the New York Stock Exchange (generally 4 p.m. Eastern Time), although the Fund may deviate from this calculation time under unusual or unexpected circumstances.

Debt securities are valued at the evaluated bid price provided by an independent pricing service (e.g. taking into account various factors, including yields, maturities, or credit ratings) or, if a reliable price is not available, the quoted bid price from an independent broker-dealer.

Equity securities, exchange-traded funds and futures contracts that are listed on a foreign or domestic exchange or market are valued at the official closing price or, if none, the last sales price.

Investments in registered open-end investment companies (other than those listed on a foreign or domestic exchange or market) are valued at net asset value. Interests in non-registered investment companies that are redeemable at net asset value are fair valued normally at net asset value.

Investments which are not valued using the methods discussed above are valued at their fair value, as determined in good faith by Allspring Funds Management, LLC ("Allspring Funds Management"), which was named the valuation designee by the Board of Trustees. As the valuation designee, Allspring Funds Management is responsible for day-to-day valuation activities for the Allspring Funds. In connection with these responsibilities, Allspring Funds Management has established a Valuation Committee and has delegated to it the authority to take any actions regarding the valuation of portfolio securities that the Valuation Committee deems necessary or appropriate, including determining the fair value of portfolio securities. On a quarterly basis, the Board of Trustees receives reports of valuation actions taken by the Valuation Committee. On at least an annual basis, the Board of Trustees receives an assessment of the adequacy and effectiveness of Allspring Funds Management's process for determining the fair value of the portfolio of investments.

Securities lending

The Fund may lend its securities from time to time in order to earn additional income in the form of fees or interest on securities received as collateral or the investment of any cash received as collateral. When securities are on loan, the Fund receives interest or dividends on those securities. Cash collateral received in connection with its securities lending transactions is invested in Securities Lending Cash Investments, LLC (the "Securities Lending Fund"), an affiliated non-registered investment company. Investments in Securities Lending Fund are valued at the evaluated bid price provided by an independent pricing service. The Securities Lending Fund is exempt from registration under Section 3(c)(7) of the Investment Company Act of 1940 and is managed by Allspring Funds Management and is subadvised by Allspring Global Investments, LLC ("Allspring Investments"), an affiliate of Allspring Funds Management and wholly owned subsidiary of Allspring Global Investments Holdings, LLC. Allspring Funds Management receives an advisory fee starting at 0.05% and declining to 0.01% as the average daily net assets of the Securities Lending Fund increase. All of the fees received by Allspring Funds Management are paid to Allspring Investments for its services as subadviser. The Securities Lending Fund seeks to provide a positive return compared to the daily Fed Funds Open Rate by investing in high-quality, U.S. dollar-denominated short-term money market instruments.

In a securities lending transaction, the net asset value of the Fund is affected by an increase or decrease in the value of the securities loaned and by an increase or decrease in the value of the instrument in which collateral is invested. The amount of securities lending activity undertaken by the Fund fluctuates from time to time. The Fund has the right under the lending agreement to recover the securities from the borrower on demand. In the event of default or bankruptcy by the borrower, the Fund may be prevented from recovering the loaned securities or gaining access to the collateral or may experience delays or costs in doing so. In such an event, the terms of the agreement allow the unaffiliated securities lending agent to use the collateral to purchase replacement securities on behalf of the Fund or pay the Fund the market value of the loaned securities. The Fund bears the risk of loss with respect to depreciation of its investment of the cash collateral.

When-issued transactions

The Fund may purchase securities on a forward commitment or when-issued basis. The Fund records a when-issued transaction on the trade date and will segregate assets in an amount at least equal in value to the Fund's commitment to purchase when-issued securities. Securities purchased on a when-issued basis are marked-to-market daily and the Fund begins earning interest on the settlement date. Losses may arise due to changes in the market value of the underlying securities or if the counterparty does not perform under the contract.

Futures contracts

Futures contracts are agreements between the Fund and a counterparty to buy or sell a specific amount of a commodity, financial instrument or currency at a specified price and on a specified date. The Fund may buy and sell futures contracts in

------

14 \| Allspring Ultra Short-Term Income Fund

------

Notes to portfolio of investments—November 30, 2022 (unaudited)

------

order to gain exposure to, or protect against, changes in interest rates and is subject to interest rate risk. The primary risks associated with the use of futures contracts are the imperfect correlation between changes in market values of securities held by the Fund and the prices of futures contracts, and the possibility of an illiquid market. Futures contracts are generally entered into on a regulated futures exchange and cleared through a clearinghouse associated with the exchange. With futures contracts, there is minimal counterparty risk to the Fund since futures contracts are exchange traded and the exchange's clearinghouse, as the counterparty to all exchange traded futures, guarantees the futures contracts against default.

Upon entering into futures contracts, the Fund is required to deposit either cash or securities (initial margin) with the broker in an amount equal to a certain percentage of the contract value. Subsequent payments (variation margin) are paid to or from the broker each day equal to the daily changes in the contract value. Such payments are recorded as unrealized gains or losses and, if any, shown as variation margin receivable (payable). Should the Fund fail to make requested variation margin payments, the broker can gain access to the initial margin to satisfy the Fund's payment obligations. When the contracts are closed, a realized gain or loss is recorded.

Fair valuation measurements

Fair value measurements of investments are determined within a framework that has established a fair value hierarchy based upon the various data inputs utilized in determining the value of the Fund's investments. The three-level hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The Fund's investments are classified within the fair value hierarchy based on the lowest level of input that is significant to the fair value measurement. The inputs are summarized into three broad levels as follows:

■ Level 1 – quoted prices in active markets for identical securities

■ Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

■ Level 3 – significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments)

The inputs or methodologies used for valuing investments in securities are not necessarily an indication of the risk associated with investing in those securities.

The following is a summary of the inputs used in valuing the Fund's assets and liabilities as of November 30, 2022:

---

| | | | | |
|:---|:---|:---|:---|:---|
| | &nbsp;&nbsp;Quoted prices<br> (Level 1) | &nbsp;&nbsp;&nbsp;&nbsp;Other significant<br> observable inputs<br> (Level 2) | &nbsp;&nbsp;&nbsp;&nbsp;Significant<br> unobservable inputs<br> (Level 3) | &nbsp;&nbsp;&nbsp;&nbsp;Total |
| &nbsp;&nbsp;&nbsp;&nbsp;**<u>Assets</u>** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Investments in:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Agency securities** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$0 | &nbsp;&nbsp;&nbsp;&nbsp;$20081188 | &nbsp;&nbsp;&nbsp;&nbsp;$0 | &nbsp;&nbsp;&nbsp;&nbsp;$20081188 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Asset-backed securities** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;298943514 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;298943514 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Corporate bonds and notes** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;614280421 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;614280421 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Investment companies** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42406650 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42406650 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Municipal obligations** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2070909 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2070909 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Non-agency mortgage-backed securities** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;457203609 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;457203609 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Yankee corporate bonds and notes** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;232947778 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;232947778 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Short-term investments** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Commercial paper* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89593975 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89593975 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Investment companies* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91159262 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91159262 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;133565912 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1715121394 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1848687306 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Futures contracts** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;454579 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;454579 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total assets** | &nbsp;&nbsp;**$134020491** | &nbsp;&nbsp;&nbsp;&nbsp;**$1715121394** | &nbsp;&nbsp;&nbsp;&nbsp;**$0** | &nbsp;&nbsp;&nbsp;&nbsp;**$1849141885** |
| &nbsp;&nbsp;&nbsp;&nbsp;**<u>Liabilities</u>** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Futures contracts** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$768895 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$0 | &nbsp;&nbsp;&nbsp;&nbsp;$0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$768895 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total liabilities** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$768895** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$0** | &nbsp;&nbsp;&nbsp;&nbsp;**$0** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$768895** |

---

------

Allspring Ultra Short-Term Income Fund \| 15

------

Notes to portfolio of investments—November 30, 2022 (unaudited)

------

Futures contracts are reported at their cumulative unrealized gains (losses) at measurement date as reported in the table following the Portfolio of Investments. All other assets and liabilities are reported at their market value at measurement date.

Additional sector, industry or geographic detail, if any, is included in the Portfolio of Investments.

As of November 30, 2022, $1,858,932 was segregated as cash collateral for open futures contracts.

For the three months ended November 30, 2022, the Fund did not have any transfers into/out of Level 3.

------

16 \| Allspring Ultra Short-Term Income Fund

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** ALLSPRING FUNDS TRUST

- **b. Investment Company Act file number:** 811-09253

- **c. CIK number of Registrant:** 0001081400

- **d. LEI of Registrant:** 549300XROIY0CTN7RZ24

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

  - **Street Address 1:** 525 MARKET STREET

  - **City:** SAN FRANCISCO

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94105

  - **Telephone number:** 800-222-8222

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

- **a. Name of Series:** Allspring Ultra Short-Term Income Fund

- **b. EDGAR series identifier (if any):** S000007431

- **c. LEI of Series:** 549300YSJF3G2WMEW567

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

- **a. Date of fiscal year-end:** 2023-08-31

- **b. Date as of which information is reported:** 2022-11-30

**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:** $1868438712.98

**Total Liabilities:** $15237642.24

**Net Assets:** $1853201070.74

**Cash Not Reported:** $2698262.72

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -10807.55000000 | **1-Year:** -131408.84000000 | **5-Year:** -68792.30000000 | **10-Year:** -32865.90000000 | **30-Year:** -6784.78000000

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

- **3-Month:** -1170.57000000 | **1-Year:** -12593.26000000 | **5-Year:** -8360.46000000 | **10-Year:** -1442.73000000 | **30-Year:** -95.27000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000020394 | -0.45%               | -0.20%               | 0.79%                |
| Class ID C000064989 | -0.51%               | -0.26%               | 0.73%                |
| Class ID C000020396 | -0.43%               | -0.05%               | 0.69%                |
| Class ID C000020395 | -0.45%               | -0.19%               | 0.79%                |
| Class ID C000220297 | -0.44%               | -0.07%               | 0.67%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-326242.97              | $-16117493.37                              |
| Month 2  | $-431261.53              | $-7623087.47                               |
| Month 3  | $-2454854.79             | $12881678.61                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 3140JBFA9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      3007 | PA      | $3050.80      | 0.00%             | 2034-10-01      | Floating      | 3.53%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                        | Towd Point Mortgage Trust 2017-6                                                | CUSIP: 89175JAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1009129 | PA      | $959193.21    | 0.05%             | 2057-10-25      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| GA GLOBAL FUNDING TRUST                          | GA Global Funding Trust                                                         | CUSIP: 36143L2B0<br>LEI: 54930029I8ROQ4OROZ88 | Long             | DBT              | CORP              | US        |  20775000 | PA      | $19401976.72  | 1.05%             | 2024-04-08      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Bunker Hill Loan Depositary Trust                | Bunker Hill Loan Depositary Trust 2019-2                                        | CUSIP: 12061RAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1274967 | PA      | $1173551.53   | 0.06%             | 2049-07-25      | Variable      | 2.88%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                         | Angel Oak Mortgage Trust 2020-R1                                                | CUSIP: 034651AA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2725620 | PA      | $2534518.99   | 0.14%             | 2053-04-25      | Variable      | 0.99%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                    | Citigroup Inc                                                                   | CUSIP: 172967MX6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1865792.16   | 0.10%             | 2025-05-01      | Fixed         | 0.98%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ FIN NA                             | Mercedes-Benz Finance North America LLC                                         | CUSIP: 233851DY7<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |   1715000 | PA      | $1700574.24   | 0.09%             | 2023-03-10      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Aqua Finance Trust                               | Aqua Finance Trust 2021-A                                                       | CUSIP: 03842VAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2158739 | PA      | $1971560.22   | 0.11%             | 2046-07-17      | Fixed         | 1.54%                 | No            |                  2 | On Loan: No      |
| Michael Kors USA Inc                             | Michael Kors USA Inc                                                            | CUSIP: 59408TAA8<br>LEI: 549300MIBZ1H6BCOET19 | Long             | DBT              | CORP              | US        |  12574000 | PA      | $11835277.50  | 0.64%             | 2024-11-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                            | Athene Global Funding                                                           | CUSIP: 04685A2Q3<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4802050.00   | 0.26%             | 2023-10-13      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| ReadyCap Commercial Mortgage Trust               | Ready Capital Mortgage Trust 2019-5                                             | CUSIP: 75575MAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    483345 | PA      | $475580.62    | 0.03%             | 2052-02-25      | Fixed         | 3.78%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                              | COMM 2014-CCRE16 Mortgage Trust                                                 | CUSIP: 12591VAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    857945 | PA      | $848118.63    | 0.05%             | 2047-04-10      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Countrywide Home Loans                           | CHL Mortgage Pass-Through Trust 2001-HYB1                                       | CUSIP: 12669B2W1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     90824 | PA      | $86399.98     | 0.00%             | 2031-06-19      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                        | Boeing Co/The                                                                   | CUSIP: 097023CS2<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3985550.52   | 0.22%             | 2023-05-01      | Fixed         | 4.51%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                         | Celanese US Holdings LLC                                                        | CUSIP: 15089QAL8<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |  10600000 | PA      | $10546761.50  | 0.57%             | 2025-03-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| FHLMC Structured Pass Through Securities         | Freddie Mac Structured Pass-Through Certificates                                | CUSIP: 31392MH47<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    398369 | PA      | $443229.05    | 0.02%             | 2042-02-25      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                               | Energy Transfer LP                                                              | CUSIP: 29278NAC7<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   4866000 | PA      | $4830460.54   | 0.26%             | 2023-09-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| RENESAS ELECTRONICS CORP                         | Renesas Electronics Corp                                                        | CUSIP: 75972BAA9<br>LEI: 5299000EPC47VJQOFB81 | Long             | DBT              | CORP              | JP        |  15670000 | PA      | $14344992.12  | 0.77%             | 2024-11-26      | Fixed         | 1.54%                 | No            |                  2 | On Loan: No      |
| HCA Inc                                          | HCA Inc                                                                         | CUSIP: 404119BQ1<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |  13185000 | PA      | $13157927.64  | 0.71%             | 2025-04-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Marlette Funding Trust                           | Marlette Funding Trust 2021-1                                                   | CUSIP: 57110NAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3789698 | PA      | $3730431.10   | 0.20%             | 2031-06-16      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Cascade Funding Mortgage Trust                   | CFMT 2021-HB7 LLC                                                               | CUSIP: 12530BAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3918925 | PA      | $3662331.10   | 0.20%             | 2031-10-27      | Variable      | 1.15%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31300M6U2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    526567 | PA      | $528412.60    | 0.03%             | 2038-09-01      | Floating      | 2.78%                 | No            |                  2 | On Loan: No      |
| CarNow Auto Receivables Trust                    | CarNow Auto Receivables Trust 2020-1                                            | CUSIP: 14368RAE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1776337 | PA      | $1769249.48   | 0.10%             | 2024-09-16      | Fixed         | 3.84%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                                               | CUSIP: 3136AJPG5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    182136 | PA      | $171591.76    | 0.01%             | 2040-06-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                          | Hyundai Capital America                                                         | CUSIP: 44891ABR7<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |  10000000 | PA      | $9481446.40   | 0.51%             | 2024-01-08      | Fixed         | 0.80%                 | No            |                  2 | On Loan: No      |
| COMMONBOND STUDENT LOAN TRUST                    | Commonbond Student Loan Trust 2018-BGS                                          | CUSIP: 20268MAA4<br>LEI: 549300EJIXF1G1X7PN20 | Long             | ABS-O            | CORP              | US        |   2476486 | PA      | $2324661.49   | 0.13%             | 2045-09-25      | Fixed         | 3.56%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                              | Southern California Edison Co                                                   | CUSIP: 842400GZ0<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |   7800000 | PA      | $7707034.37   | 0.42%             | 2023-04-03      | Fixed         | 0.70%                 | No            |                  2 | On Loan: No      |
| Hertz Vehicle Financing LLC                      | Hertz Vehicle Financing LLC                                                     | CUSIP: 42806MAA7<br>LEI: 5493004IHDYOZ9K9WF47 | Long             | ABS-O            | CORP              | US        |  11325000 | PA      | $10381585.60  | 0.56%             | 2025-12-26      | Fixed         | 1.21%                 | No            |                  2 | On Loan: No      |
| iShares 0-5 Year High Yield Corporate Bond ETF   | iShares 0-5 Year High Yield Corporate Bond ETF                                  | CUSIP: 46434V407<br>LEI: 549300R96U5WQ7R5ID10 | Long             | EC               | RF                | US        |    417000 | NS      | $17438940.00  | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| FannieMae Whole Loan                             | Fannie Mae Trust 2003-W3                                                        | CUSIP: 31392JYJ2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     17589 | PA      | $16377.98     | 0.00%             | 2042-08-25      | Variable      | 3.85%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE NEW YORK                           | Credit Suisse AG/New York NY                                                    | CUSIP: 22546QAP2<br>LEI: 549300D0YARF5HYP1809 | Long             | DBT              | CORP              | CH        |   8000000 | PA      | $7360014.96   | 0.40%             | 2024-09-09      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                       | Verus Securitization Trust 2021-2                                               | CUSIP: 92538FAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2132577 | PA      | $1761278.05   | 0.10%             | 2066-02-25      | Variable      | 1.03%                 | No            |                  2 | On Loan: No      |
| MF1 Multifamily Housing Mortgage Loan Trust      | MF1 Multifamily Housing Mortgage Loan Trust                                     | CUSIP: 55282XAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   7530320 | PA      | $7239967.31   | 0.39%             | 2036-07-15      | Floating      | 4.83%                 | No            |                  2 | On Loan: No      |
| Starwood Mortgage Residential Trust              | Starwood Mortgage Residential Trust 2021-2                                      | CUSIP: 85573HAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2845247 | PA      | $2621340.91   | 0.14%             | 2065-05-25      | Variable      | 0.94%                 | No            |                  2 | On Loan: No      |
| SLM Student Loan Trust                           | SLM Student Loan Trust 2012-3                                                   | CUSIP: 78447AAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3313689 | PA      | $3156794.25   | 0.17%             | 2038-12-27      | Floating      | 4.67%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC                                 | COLT 2021-HX1 Mortgage Loan Trust                                               | CUSIP: 19688KAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  11502336 | PA      | $9265283.85   | 0.50%             | 2066-10-25      | Variable      | 1.11%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust                   | Carvana Auto Receivables Trust 2019-4                                           | CUSIP: 14686YAG2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8749000 | PA      | $8553689.95   | 0.46%             | 2025-07-15      | Fixed         | 3.07%                 | No            |                  2 | On Loan: No      |
| Toorak Mortgage Corp.                            | TRK 2021-INV2 Trust                                                             | CUSIP: 87267TAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  13190433 | PA      | $10828364.47  | 0.58%             | 2056-11-25      | Variable      | 1.97%                 | No            |                  2 | On Loan: No      |
| PIEDMONT OPERATING PARTN                         | Piedmont Operating Partnership LP                                               | CUSIP: 720198AD2<br>LEI: 549300WKGDPAS39FBD10 | Long             | DBT              |  | US        |  10235000 | PA      | $10076347.27  | 0.54%             | 2024-03-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| HARVEST OPERATIONS CORP                          | Harvest Operations Corp                                                         | CUSIP: 41754WAT8<br>LEI: B1EEF6ML54YDWRC6ZK53 | Long             | DBT              | CORP              | CA        |   5000000 | PA      | $4711548.85   | 0.25%             | 2024-04-26      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                                              | CUSIP: 3137AFA69<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    537991 | PA      | $527966.80    | 0.03%             | 2041-09-15      | Floating      | 4.37%                 | No            |                  2 | On Loan: No      |
| CHNGE Mortgage Trust 2022-2                      | CHNGE Mortgage Trust 2022-2                                                     | CUSIP: 12546YAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  13478792 | PA      | $12340195.60  | 0.67%             | 2067-03-25      | Variable      | 3.76%                 | No            |                  2 | On Loan: No      |
| DAE FUNDING LLC                                  | DAE Funding LLC                                                                 | CUSIP: 23371DAJ3<br>LEI: 635400SZTPQL3Y1P2C76 | Long             | DBT              | CORP              | US        |   5250000 | PA      | $4887040.88   | 0.26%             | 2024-08-01      | Fixed         | 1.55%                 | No            |                  2 | On Loan: No      |
| ENTERGY LOUISIANA LLC                            | Entergy Louisiana LLC                                                           | CUSIP: 29364WBF4<br>LEI: 0V5453U14HDZO63CGH17 | Long             | DBT              | CORP              | US        |   6045000 | PA      | $5793221.34   | 0.31%             | 2023-11-17      | Fixed         | 0.62%                 | No            |                  2 | On Loan: No      |
| DELTA AIRLINES 2015B                             | Delta Air Lines 2015-1 Class B Pass Through Trust                               | CUSIP: 24737AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3828665 | PA      | $3756941.75   | 0.20%             | 2023-07-30      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| UBS AG LONDON                                    | UBS AG/London                                                                   | CUSIP: 902674YF1<br>LEI: BFM8T61CT2L1QCEMIK50 | Long             | DBT              | CORP              | CH        |   7000000 | PA      | $6838831.79   | 0.37%             | 2023-06-01      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| Palmer Square CLO Ltd                            | Palmer Square CLO 2013-2 Ltd                                                    | CUSIP: 69688AAL5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  17785000 | PA      | $17425689.65  | 0.94%             | 2031-10-17      | Floating      | 5.23%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                                 | Deutsche Bank AG/New York NY                                                    | CUSIP: 251526CC1<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |   3500000 | PA      | $3357906.51   | 0.18%             | 2024-09-18      | Fixed         | 2.22%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC                                 | COLT 2020-2 Mortgage Loan Trust                                                 | CUSIP: 19688JAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    276388 | PA      | $269927.88    | 0.01%             | 2065-03-25      | Variable      | 1.85%                 | No            |                  2 | On Loan: No      |
| ACM Auto Trust                                   | ACM Auto Trust 2022-1                                                           | CUSIP: 00091QAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3615371 | PA      | $3602828.86   | 0.19%             | 2029-04-20      | Fixed         | 3.23%                 | No            |                  2 | On Loan: No      |
| SLM Student Loan Trust                           | SLM Private Credit Student Loan Trust 2004-B                                    | CUSIP: 78443CBN3<br>LEI: 549300HIOV1ESFZYQ040 | Long             | ABS-O            | CORP              | US        |   2543907 | PA      | $2537113.96   | 0.14%             | 2024-03-15      | Floating      | 3.62%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivables Trust            | Westlake Automobile Receivables Trust 2020-3                                    | CUSIP: 96042QAG5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  15829793 | PA      | $15715554.09  | 0.85%             | 2025-11-17      | Fixed         | 0.78%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Sec Trust    | J.P. Morgan Chase Commercial Mortgage Securities Trust 2019-MFP                 | CUSIP: 46651MAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2299009 | PA      | $2231145.92   | 0.12%             | 2036-07-15      | Floating      | 4.84%                 | No            |                  2 | On Loan: No      |
| ONE GAS INC                                      | ONE Gas Inc                                                                     | CUSIP: 68235PAJ7<br>LEI: 549300HXDWI0LATTX840 | Long             | DBT              | CORP              | US        |   5058000 | PA      | $5046844.08   | 0.27%             | 2023-03-11      | Fixed         | 0.85%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                             | Bank of America Corp                                                            | CUSIP: 06051GHL6<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   4894000 | PA      | $4843411.60   | 0.26%             | 2024-07-23      | Fixed         | 3.86%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31410GVC4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       205 | PA      | $203.99       | 0.00%             | 2023-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31300MDZ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    736537 | PA      | $751559.05    | 0.04%             | 2035-11-01      | Floating      | 4.06%                 | No            |                  2 | On Loan: No      |
| Ellington Financial Mortgage Trust               | Ellington Financial Mortgage Trust 2017-1                                       | CUSIP: 31574XAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    759579 | PA      | $597835.14    | 0.03%             | 2066-02-25      | Variable      | 0.80%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                        | Towd Point Mortgage Trust 2017-4                                                | CUSIP: 89173UAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    968689 | PA      | $915422.46    | 0.05%             | 2057-06-25      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| Residential Mortgage Loan Trust                  | Residential Mortgage Loan Trust 2021-1R                                         | CUSIP: 76090NAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3273356 | PA      | $2994371.46   | 0.16%             | 2065-01-25      | Variable      | 0.86%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust                   | Pagaya AI Debt Selection Trust 2021-1                                           | CUSIP: 69547JAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5737780 | PA      | $5628686.54   | 0.30%             | 2027-11-15      | Fixed         | 1.18%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                           | Mitsubishi UFJ Financial Group Inc                                              | CUSIP: 606822BV5<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |   4000000 | PA      | $3845368.64   | 0.21%             | 2024-09-15      | Fixed         | 0.85%                 | No            |                  2 | On Loan: No      |
| UBS Commercial Mortgage Trust                    | UBS Commercial Mortgage Trust 2018-NYCH                                         | CUSIP: 90266HAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3574342 | PA      | $3471932.73   | 0.19%             | 2032-02-15      | Floating      | 4.73%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                                              | CUSIP: 3137FQEJ8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3028196 | PA      | $2945940.61   | 0.16%             | 2049-12-25      | Floating      | 4.52%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                    | Citigroup Inc                                                                   | CUSIP: 172967MT5<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   8000000 | PA      | $7620155.44   | 0.41%             | 2024-10-30      | Fixed         | 0.78%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust                       | Navient Private Education Refi Loan Trust 2021-E                                | CUSIP: 63942EAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7433151 | PA      | $6140717.59   | 0.33%             | 2069-12-16      | Fixed         | 0.97%                 | No            |                  2 | On Loan: No      |
| DBWF Mortgage Trust                              | DBWF 2018-GLKS Mortgage Trust                                                   | CUSIP: 23307GAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    635000 | PA      | $612703.94    | 0.03%             | 2030-12-19      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31415QK96<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    185702 | PA      | $187931.88    | 0.01%             | 2036-05-01      | Floating      | 3.61%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                              | JPMorgan Chase & Co                                                             | CUSIP: 46647PBQ8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   7250000 | PA      | $7113678.32   | 0.38%             | 2024-06-01      | Fixed         | 1.51%                 | No            |                  2 | On Loan: No      |
| MICROCHIP TECHNOLOGY INC                         | Microchip Technology Inc                                                        | CUSIP: 595017AZ7<br>LEI: 5493007PTFULNYZJ1R12 | Long             | DBT              | CORP              | US        |   3475000 | PA      | $3398306.75   | 0.18%             | 2023-09-01      | Fixed         | 2.67%                 | No            |                  2 | On Loan: No      |
| Citigroup Global Markets Inc                     | Citigroup Global Markets Inc                                                    | CUSIP: 17327BP17<br>LEI: MBNUM2BPBDO7JBLYG310 | Long             | STIV             | CORP              | US        |  20000000 | PA      | $19845720.00  | 1.07%             | 2023-02-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SPRINT SPECTRUM / SPEC I                         | Sprint Spectrum Co LLC / Sprint Spectrum Co II LLC / Sprint Spectrum Co III LLC | CUSIP: 85208NAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4173125 | PA      | $4119710.59   | 0.22%             | 2025-03-20      | Fixed         | 4.74%                 | No            |                  2 | On Loan: No      |
| FIDELITY NATL INFO SERV                          | Fidelity National Information Services Inc                                      | CUSIP: 31620MBP0<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | DBT              | CORP              | US        |  13000000 | PA      | $12852620.43  | 0.69%             | 2023-03-01      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| Black Diamond CLO Ltd                            | Black Diamond Clo 2017-1 Ltd                                                    | CUSIP: 09202VAY4<br>LEI: 54930069GUF2V1O4MD77 | Long             | ABS-CBDO         | CORP              | KY        |    572147 | PA      | $564667.53    | 0.03%             | 2029-04-24      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| MET TOWER GLOBAL FUNDING                         | Met Tower Global Funding                                                        | CUSIP: 58989V2C7<br>LEI: 635400OFJCY9IOGBGY57 | Long             | DBT              | CORP              | US        |  12000000 | PA      | $11300902.92  | 0.61%             | 2024-04-05      | Fixed         | 0.70%                 | No            |                  2 | On Loan: No      |
| DELTA AIR LINES/SKYMILES                         | Delta Air Lines Inc / SkyMiles IP Ltd                                           | CUSIP: 830867AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |  10000000 | PA      | $9742029.40   | 0.53%             | 2025-10-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN ELECTRIC POWER                          | American Electric Power Co Inc                                                  | CUSIP: 025537AQ4<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |   7000000 | PA      | $6707408.05   | 0.36%             | 2023-11-01      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                            | Athene Global Funding                                                           | CUSIP: 04685A3A7<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4581083.70   | 0.25%             | 2024-08-19      | Fixed         | 0.91%                 | 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        |   6678179 | PA      | $5379161.98   | 0.29%             | 2056-11-25      | Variable      | 1.60%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                               | Banco Santander SA                                                              | CUSIP: 05971KAM1<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |  15000000 | PA      | $14696368.05  | 0.79%             | 2024-05-24      | Fixed         | 3.89%                 | No            |                  2 | On Loan: No      |
| Mercury Financial Credit Card Master Trust       | Mercury Financial Credit Card Master Trust                                      | CUSIP: 58940BAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8400000 | PA      | $7967104.32   | 0.43%             | 2026-03-20      | Fixed         | 1.54%                 | No            |                  2 | On Loan: No      |
| Marlette Funding Trust                           | Marlette Funding Trust 2021-2                                                   | CUSIP: 57108TAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    305939 | PA      | $305056.31    | 0.02%             | 2031-09-15      | Fixed         | 0.51%                 | No            |                  2 | On Loan: No      |
| MANUF & TRADERS TRUST CO                         | Manufacturers & Traders Trust Co                                                | CUSIP: 55279HAT7<br>LEI: WWB2V0FCW3A0EE3ZJN75 | Long             | DBT              | CORP              | US        |   7750000 | PA      | $7786025.64   | 0.42%             | 2025-11-21      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Camden Property Trust                            | Camden Property Trust                                                           | CUSIP: 133131AS1<br>LEI: 5493002MYX22OHYJBD89 | Long             | DBT              |  | US        |   3000000 | PA      | $2985256.35   | 0.16%             | 2023-06-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| PFS Financing Corp.                              | PFS Financing Corp                                                              | CUSIP: 69335PDT9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  15000000 | PA      | $14360532.00  | 0.77%             | 2025-10-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| MF1 Multifamily Housing Mortgage Loan Trust      | MF1 2022-FL8 Ltd                                                                | CUSIP: 55284JAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  13025000 | PA      | $12356598.68  | 0.67%             | 2037-02-19      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| PARK AEROSPACE HOLDINGS                          | Park Aerospace Holdings Ltd                                                     | CUSIP: 70014LAC4<br>LEI: 635400CPI3EOIFF6OC33 | Long             | DBT              | CORP              | KY        |   4000000 | PA      | $3980101.92   | 0.21%             | 2023-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                     | GS Mortgage Securities Trust 2013-GC16                                          | CUSIP: 36248GAE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    563060 | PA      | $558794.53    | 0.03%             | 2046-11-10      | Fixed         | 3.81%                 | No            |                  2 | On Loan: No      |
| BMW US CAPITAL LLC                               | BMW US Capital LLC                                                              | CUSIP: 05565EBM6<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4982510.05   | 0.27%             | 2023-04-06      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                          | BPCE SA                                                                         | CUSIP: 05571CML2<br>LEI: 9695005MSX1OYEMGDF46 | Long             | STIV             | CORP              | FR        |  20000000 | PA      | $19956555.60  | 1.08%             | 2022-12-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 3140JBE69<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    794636 | PA      | $807298.67    | 0.04%             | 2044-07-01      | Floating      | 3.41%                 | No            |                  2 | On Loan: No      |
| OCTAGON INVESTMENT PARTNERS 30 LTD               | Octagon Investment Partners 30 Ltd                                              | CUSIP: 675920AJ1<br>LEI: 549300CDNDWWERRAUA43 | Long             | ABS-CBDO         | CORP              | KY        |  11400000 | PA      | $11209221.00  | 0.60%             | 2030-03-17      | Floating      | 5.24%                 | No            |                  2 | On Loan: No      |
| American Credit Acceptance Receivables Trust     | American Credit Acceptance Receivables Trust 2021-1                             | CUSIP: 02528BAE4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7485233 | PA      | $7367064.02   | 0.40%             | 2027-03-15      | Fixed         | 0.83%                 | No            |                  2 | On Loan: No      |
| Dominos Pizza Master Issuer LLC                  | Domino's Pizza Master Issuer LLC                                                | CUSIP: 25755TAE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  15980000 | PA      | $15182613.98  | 0.82%             | 2045-10-25      | Fixed         | 4.47%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31300LH40<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     75718 | PA      | $76012.22     | 0.00%             | 2035-05-01      | Floating      | 2.70%                 | No            |                  2 | On Loan: No      |
| Octane Receivables Trust                         | Octane Receivables Trust 2020-1                                                 | CUSIP: 67592LAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1301699 | PA      | $1286232.64   | 0.07%             | 2025-02-20      | Fixed         | 1.71%                 | No            |                  2 | On Loan: No      |
| Cascade Funding Mortgage Trust                   | CFMT 2021-EBO1 LLC                                                              | CUSIP: 12530AAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4364277 | PA      | $4160735.81   | 0.22%             | 2050-11-25      | Variable      | 0.98%                 | No            |                  2 | On Loan: No      |
| STELLANTIS NV                                    | Stellantis NV                                                                   | CUSIP: 31562QAF4<br>LEI: 549300LKT9PW7ZIBDF31 | Long             | DBT              | CORP              | NL        |    530000 | PA      | $527964.80    | 0.03%             | 2023-04-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Sec Trust    | J.P. Morgan Chase Commercial Mortgage Securities Trust 2018-PHH                 | CUSIP: 46650FAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3571081 | PA      | $3257240.56   | 0.18%             | 2035-06-15      | Floating      | 5.09%                 | No            |                  2 | On Loan: No      |
| Western Digital Corp                             | Western Digital Corp                                                            | CUSIP: 958102AM7<br>LEI: 549300QQXOOYEF89IC56 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2827500.00   | 0.15%             | 2026-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP                           | Mizuho Financial Group Inc                                                      | CUSIP: 60687YBJ7<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |   6990000 | PA      | $6715126.08   | 0.36%             | 2024-09-08      | Fixed         | 0.85%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                           | US 10YR NOTE (CBT)MAR23                                                         | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |      -328 | NC      | $-57116.61    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                                              | CUSIP: 3137AYJZ5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      5692 | PA      | $5666.15      | 0.00%             | 2040-07-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                     | GS Mortgage Securities Trust 2014-GC22                                          | CUSIP: 36253BAS2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1233338 | PA      | $1231547.16   | 0.07%             | 2047-06-10      | Fixed         | 3.52%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                         | Toyota Motor Credit Corp                                                        | CUSIP: 89236TKK0<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |  10000000 | PA      | $10168709.50  | 0.55%             | 2025-11-10      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| ALLSPRING GOVERNMENT MONEY MAR                   | ALLSPRING GOVERNMENT MONEY MAR                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  91159262 | NS      | $91159261.83  | 4.92%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY                                   | Morgan Stanley                                                                  | CUSIP: 61772BAA1<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4900766.05   | 0.26%             | 2024-04-05      | Fixed         | 0.73%                 | No            |                  2 | On Loan: No      |
| Dryden Senior Loan Fund                          | Dryden 80 CLO Ltd                                                               | CUSIP: 26245JAQ1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  11000000 | PA      | $10620401.00  | 0.57%             | 2033-01-17      | Floating      | 5.11%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIF GAS CO                            | Southern California Gas Co                                                      | CUSIP: 842434CV2<br>LEI: XY0N0J73VHV5F4CUJV89 | Long             | DBT              | CORP              | US        |  10000000 | PA      | $9975204.00   | 0.54%             | 2023-09-14      | Floating      | 3.62%                 | No            |                  2 | On Loan: No      |
| COCA-COLA EUROPACIFIC                            | Coca-Cola Europacific Partners PLC                                              | CUSIP: 19123MAD5<br>LEI: 549300LTH67W4GWMRF57 | Long             | DBT              | CORP              | GB        |   5000000 | PA      | $4892675.40   | 0.26%             | 2023-05-05      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                          | Hyundai Capital America                                                         | CUSIP: 44891ABE6<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |   1720000 | PA      | $1709527.16   | 0.09%             | 2023-02-10      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                             | Bank of America Corp                                                            | CUSIP: 06051GKE8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   4500000 | PA      | $4133133.86   | 0.22%             | 2025-12-06      | Fixed         | 1.53%                 | No            |                  2 | On Loan: No      |
| Exeter Automobile Receivables Trust              | Exeter Automobile Receivables Trust 2021-3                                      | CUSIP: 30166AAE4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8418000 | PA      | $7894441.65   | 0.43%             | 2026-10-15      | Fixed         | 0.96%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                                           | CUSIP: 3128MMK36<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    117735 | PA      | $117995.66    | 0.01%             | 2024-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31407UMR5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    333053 | PA      | $340237.21    | 0.02%             | 2034-11-01      | Floating      | 3.56%                 | No            |                  2 | On Loan: No      |
| NewRez Warehouse Securitization Trust            | NewRez Warehouse Securitization Trust 2021-1                                    | CUSIP: 65246PAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  10000000 | PA      | $9785202.00   | 0.53%             | 2055-05-25      | Floating      | 4.79%                 | No            |                  2 | On Loan: No      |
| NATWEST MARKETS PLC                              | NatWest Markets PLC                                                             | CUSIP: 63906YAA6<br>LEI: RR3QWICWWIPCS8A4S074 | Long             | DBT              | CORP              | GB        |   5290000 | PA      | $5201216.71   | 0.28%             | 2023-05-21      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31406LZ68<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    116988 | PA      | $118427.36    | 0.01%             | 2034-12-01      | Floating      | 3.40%                 | No            |                  2 | On Loan: No      |
| Mercury Financial Credit Card Master Trust       | Mercury Financial Credit Card Master Trust                                      | CUSIP: 58940BAE6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  20000000 | PA      | $18926854.00  | 1.02%             | 2026-09-21      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                         | Angel Oak Mortgage Trust 2020-5                                                 | CUSIP: 03464WAB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    692960 | PA      | $611439.51    | 0.03%             | 2065-05-25      | Variable      | 1.58%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                        | Towd Point Mortgage Trust 2018-3                                                | CUSIP: 89175MAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3636428 | PA      | $3425643.09   | 0.18%             | 2058-05-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| SYDNEY AIRPORT FINANCE                           | Sydney Airport Finance Co Pty Ltd                                               | CUSIP: 000000000<br>LEI: 549300MJAANHLHOVTO40 | Long             | DBT              | CORP              | AU        |   9265000 | PA      | $9228255.75   | 0.50%             | 2023-03-22      | Fixed         | 3.90%                 | Yes           |                  2 | On Loan: No      |
| SLM Student Loan Trust                           | SLM Student Loan Trust 2013-1                                                   | CUSIP: 78447MAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3544502 | PA      | $3420533.43   | 0.18%             | 2055-05-26      | Floating      | 4.57%                 | No            |                  2 | On Loan: No      |
| SCF Equipment Trust Llc                          | SCF Equipment Leasing 2021-1 LLC                                                | CUSIP: 783897AB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    566847 | PA      | $565593.20    | 0.03%             | 2026-08-20      | Fixed         | 0.42%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trust                  | CSAIL 2018-CX12 Commercial Mortgage Trust                                       | CUSIP: 12595XAR4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    833776 | PA      | $823166.50    | 0.04%             | 2051-08-15      | Fixed         | 4.14%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                         | JP Morgan Mortgage Trust 2019-7                                                 | CUSIP: 46651GBC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2319339 | PA      | $1828658.93   | 0.10%             | 2050-02-25      | Variable      | 3.03%                 | No            |                  2 | On Loan: No      |
| Imperial Fund LLC                                | Imperial Fund Mortgage Trust 2020-NQM1                                          | CUSIP: 452760AA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2795976 | PA      | $2508948.44   | 0.14%             | 2055-10-25      | Variable      | 1.38%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trust                  | BRAVO Residential Funding Trust 2020-RPL1                                       | CUSIP: 10568YAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    996715 | PA      | $940268.18    | 0.05%             | 2059-05-26      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE BLDG SOCIETY                          | Nationwide Building Society                                                     | CUSIP: 63859UBG7<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |  20000000 | PA      | $18950030.80  | 1.02%             | 2024-01-22      | Fixed         | 0.55%                 | No            |                  2 | On Loan: No      |
| Wilshire Funding Corporation                     | Wilshire Funding Corp                                                           | CUSIP: 126342FX7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     47825 | PA      | $46745.29     | 0.00%             | 2032-08-25      | Variable      | 7.51%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                       | Verus Securitization Trust 2019-INV3                                            | CUSIP: 92537MAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1385575 | PA      | $1300156.55   | 0.07%             | 2059-11-25      | Variable      | 2.69%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                            | Toronto-Dominion Bank/The                                                       | CUSIP: 89114QCL0<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |   3000000 | PA      | $2989896.48   | 0.16%             | 2023-09-28      | Floating      | 3.93%                 | No            |                  2 | On Loan: No      |
| Cascade Funding Mortgage Trust                   | Cascade Funding Mortgage Trust 2018-RM2                                         | CUSIP: 14727QAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    530530 | PA      | $508979.08    | 0.03%             | 2068-10-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Salomon Brothers Mortgage Securities VII         | Citigroup Global Markets Mortgage Securities VII Inc                            | CUSIP: 79548KAY4<br>LEI: 549300VB2N1G56GWKB41 | Long             | ABS-MBS          | CORP              | US        |     80239 | PA      | $79899.07     | 0.00%             | 2020-11-25      | Variable      | 1.08%                 | No            |                  2 | On Loan: No      |
| Ondeck Asset Securitization Trust LLC            | OnDeck Asset Securitization Trust III LLC                                       | CUSIP: 68236WAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8500000 | PA      | $7727514.05   | 0.42%             | 2027-05-17      | Fixed         | 1.59%                 | No            |                  2 | On Loan: No      |
| GLS Auto Receivables Trust                       | GLS Auto Receivables Issuer Trust 2021-1                                        | CUSIP: 36261AAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    567388 | PA      | $565693.14    | 0.03%             | 2025-04-15      | Fixed         | 0.82%                 | No            |                  2 | On Loan: No      |
| MARVELL TECHNOLOGY INC                           | Marvell Technology Inc                                                          | CUSIP: 573874AL8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2800000 | PA      | $2783980.53   | 0.15%             | 2023-06-22      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| UNITED AIR 2015-1 A PTT                          | United Airlines 2015-1 Class A Pass Through Trust                               | CUSIP: 90932LAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   9550000 | PA      | $9549145.28   | 0.52%             | 2022-12-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                                           | CUSIP: 3128MCQB4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      4134 | PA      | $4126.15      | 0.00%             | 2024-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Zais Matrix CDO I                                | Zais Clo 14 Ltd                                                                 | CUSIP: 98888BAN6<br>LEI: 5493009PVOUOQ1A0UG08 | Long             | ABS-CBDO         | CORP              | KY        |  12353914 | PA      | $12150926.97  | 0.66%             | 2032-04-15      | Floating      | 5.28%                 | No            |                  2 | On Loan: No      |
| Imperial Fund LLC                                | Imperial Fund Mortgage Trust 2022-NQM3                                          | CUSIP: 45276KAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  14312660 | PA      | $13175795.12  | 0.71%             | 2067-05-25      | Variable      | 4.38%                 | No            |                  2 | On Loan: No      |
| CORP ANDINA DE FOMENTO                           | Corp Andina de Fomento                                                          | CUSIP: 219868CC8<br>LEI: UKZ46SXGNYCZK0UOZE76 | Long             | DBT              | NUSS              | XX        |   4860000 | PA      | $4793250.43   | 0.26%             | 2023-05-12      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Mill City Mortgage Trust                         | Mill City Mortgage Loan Trust 2017-2                                            | CUSIP: 59980AAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    691822 | PA      | $677891.42    | 0.04%             | 2059-07-25      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| American Credit Acceptance Receivables Trust     | American Credit Acceptance Receivables Trust 2019-4                             | CUSIP: 02529RAG3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7074226 | PA      | $7008235.83   | 0.38%             | 2025-12-12      | Fixed         | 2.97%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 3140JBE77<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1070437 | PA      | $1088935.92   | 0.06%             | 2038-07-01      | Floating      | 3.55%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                                           | CUSIP: 31287QEJ6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    153118 | PA      | $156275.17    | 0.01%             | 2031-06-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS SANDS CORP                             | Las Vegas Sands Corp                                                            | CUSIP: 517834AG2<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |  14845000 | PA      | $14185337.63  | 0.77%             | 2024-08-08      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| ONSLOW BAY FINANCIAL LLC                         | OBX 2021-NQM3 Trust                                                             | CUSIP: 67114JAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4498193 | PA      | $3375282.16   | 0.18%             | 2061-07-25      | Variable      | 1.05%                 | No            |                  2 | On Loan: No      |
| SIMON PROPERTY GROUP LP                          | Simon Property Group LP                                                         | CUSIP: 828807DR5<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              |  | US        |  10000000 | PA      | $9930952.10   | 0.54%             | 2024-01-11      | Floating      | 4.03%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                           | NextEra Energy Capital Holdings Inc                                             | CUSIP: 65339KBT6<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |  20000000 | PA      | $19995562.60  | 1.08%             | 2023-02-22      | Floating      | 4.93%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                        | Boeing Co/The                                                                   | CUSIP: 097023DE2<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4772971.20   | 0.26%             | 2024-02-04      | Fixed         | 1.43%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                                           | CUSIP: 3128MEZJ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    197211 | PA      | $197443.04    | 0.01%             | 2026-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31388GXS5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     35721 | PA      | $35639.26     | 0.00%             | 2031-10-01      | Floating      | 4.13%                 | No            |                  2 | On Loan: No      |
| ECMC Group Student Loan Trust                    | ECMC Group Student Loan Trust 2020-2                                            | CUSIP: 26829HAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5145702 | PA      | $4957666.51   | 0.27%             | 2069-11-25      | Floating      | 5.19%                 | No            |                  2 | On Loan: No      |
| Imperial Fund LLC                                | Imperial Fund Mortgage Trust 2021-NQM1                                          | CUSIP: 452764AA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2211201 | PA      | $1835207.77   | 0.10%             | 2056-06-25      | Variable      | 1.07%                 | No            |                  2 | On Loan: No      |
| Indiana Secondary Market for Education Loans Inc | INDIANA ST SECONDARY MARKET FOR EDU LOANS INC                                   | CUSIP: 45505HAT4<br>LEI: 549300M19IK303TD4597 | Long             | DBT              | MUN               | US        |   2107508 | PA      | $2104332.23   | 0.11%             | 2044-02-25      | Floating      | 1.47%                 | No            |                  2 | On Loan: No      |
| Crossroads Asset Trust                           | Crossroads Asset Trust 2021-A                                                   | CUSIP: 22767CAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    567973 | PA      | $562679.91    | 0.03%             | 2024-03-20      | Fixed         | 0.82%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                     | CSMC 2022-NQM1                                                                  | CUSIP: 126416AA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6467031 | PA      | $5233047.36   | 0.28%             | 2066-11-25      | Variable      | 2.27%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31407VNF8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     38378 | PA      | $37589.08     | 0.00%             | 2035-11-01      | Floating      | 4.38%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                         | OBX 2020-EXP1 Trust                                                             | CUSIP: 67448TAP0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    714884 | PA      | $632087.83    | 0.03%             | 2060-02-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31385H5V0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     32403 | PA      | $31777.32     | 0.00%             | 2031-11-01      | Floating      | 4.32%                 | No            |                  2 | On Loan: No      |
| MF1 Multifamily Housing Mortgage Loan Trust      | MF1 2021-FL7 Ltd                                                                | CUSIP: 55284AAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  12000000 | PA      | $11431603.20  | 0.62%             | 2036-10-16      | Floating      | 5.02%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31390HLY9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     55275 | PA      | $54487.88     | 0.00%             | 2032-06-01      | Floating      | 3.34%                 | No            |                  2 | On Loan: No      |
| Bankers Healthcare Group Securitization Trust    | BHG Securitization Trust 2021-A                                                 | CUSIP: 08861YAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2791497 | PA      | $2584176.48   | 0.14%             | 2033-11-17      | Fixed         | 1.42%                 | No            |                  2 | On Loan: No      |
| SOFI CONSUMER LOAN PROGRAM TRUST                 | SoFi Consumer Loan Program 2021-1 Trust                                         | CUSIP: 83407CAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1010329 | PA      | $982445.75    | 0.05%             | 2030-09-25      | Fixed         | 0.49%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                       | Verus Securitization Trust 2021-R3                                              | CUSIP: 92538EAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3757354 | PA      | $3239837.72   | 0.17%             | 2064-04-25      | Variable      | 1.02%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP                           | Mizuho Financial Group Inc                                                      | CUSIP: 60687YBF5<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |   2420000 | PA      | $2351282.58   | 0.13%             | 2024-07-10      | Fixed         | 1.24%                 | No            |                  2 | On Loan: No      |
| SBA Tower Trust                                  | SBA Tower Trust                                                                 | CUSIP: 78403DAM2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7175000 | PA      | $7175000.00   | 0.39%             | 2023-03-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                         | Angel Oak Mortgage Trust 2020-4                                                 | CUSIP: 03464LAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    908781 | PA      | $819224.55    | 0.04%             | 2065-06-25      | Variable      | 1.47%                 | No            |                  2 | On Loan: No      |
| TCI-Symphony CLO                                 | TCI-Symphony CLO 2016-1 Ltd                                                     | CUSIP: 87229WAQ4<br>LEI: 5493005WLG3H3B8NI222 | Long             | ABS-CBDO         | CORP              | KY        |   7685000 | PA      | $7502535.05   | 0.40%             | 2032-10-13      | Floating      | 4.96%                 | No            |                  2 | On Loan: No      |
| HGI CRE CLO Ltd                                  | HGI CRE CLO 2021-FL2 Ltd                                                        | CUSIP: 40390JAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   8070000 | PA      | $7675154.27   | 0.41%             | 2036-09-17      | Floating      | 4.89%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                                              | CUSIP: 31393QZH8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     20228 | PA      | $20169.59     | 0.00%             | 2023-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                                | State Street Corp                                                               | CUSIP: 857477BX0<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5106480.10   | 0.28%             | 2026-11-04      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| GLS Auto Receivables Trust                       | GLS Auto Receivables Issuer Trust 2020-1                                        | CUSIP: 36258XAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8870000 | PA      | $8727885.75   | 0.47%             | 2025-11-17      | Fixed         | 2.72%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust              | New Residential Mortgage Loan Trust 2021-INV1                                   | CUSIP: 64829WAF1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5723837 | PA      | $4901756.79   | 0.26%             | 2051-06-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                         | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                       | CUSIP: 00774MAT2<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |  10000000 | PA      | $9556234.90   | 0.52%             | 2023-10-29      | Fixed         | 1.15%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR CO                                  | Nissan Motor Co Ltd                                                             | CUSIP: 654744AA9<br>LEI: 353800DRBDH1LUTNAY26 | Long             | DBT              | CORP              | JP        |   4500000 | PA      | $4397701.77   | 0.24%             | 2023-09-15      | Fixed         | 3.04%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                           | US 5YR NOTE (CBT) MAR23                                                         | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |       898 | NC      | $454579.27    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| OPG Trust                                        | OPG Trust 2021-PORT                                                             | CUSIP: 67118AAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  17134353 | PA      | $16253955.86  | 0.88%             | 2036-10-15      | Floating      | 4.36%                 | No            |                  2 | On Loan: No      |
| Social Professional Loan Program LLC             | SoFi Professional Loan Program 2017-A LLC                                       | CUSIP: 83404FAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    431484 | PA      | $430454.92    | 0.02%             | 2040-03-26      | Floating      | 4.72%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                              | JPMorgan Chase & Co                                                             | CUSIP: 46647PCH7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   6280000 | PA      | $5840340.47   | 0.32%             | 2025-06-01      | Fixed         | 0.82%                 | No            |                  2 | On Loan: No      |
| MFRA Trust                                       | MFA 2021-NQM1 Trust                                                             | CUSIP: 55283FAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4130905 | PA      | $3566929.73   | 0.19%             | 2065-04-25      | Variable      | 1.15%                 | No            |                  2 | On Loan: No      |
| GCAT                                             | GCAT 2022-CM1 Trust                                                             | CUSIP: 36168XAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  15517738 | PA      | $13892344.71  | 0.75%             | 2066-12-27      | Variable      | 2.89%                 | No            |                  2 | On Loan: No      |
| Towd Point Asset Trust 2018-SL1                  | Towd Point Asset Trust 2018-SL1                                                 | CUSIP: 89174UAA4<br>LEI: 54930022FYEFQVX02P24 | Long             | ABS-O            | CORP              | US        |   1012619 | PA      | $1005696.82   | 0.05%             | 2046-01-25      | Floating      | 4.62%                 | No            |                  2 | On Loan: No      |
| BofA Securities Inc                              | BofA Securities Inc                                                             | CUSIP: 06054PM11<br>LEI: 549300HN4UKV1E2R3U73 | Long             | STIV             | CORP              | US        |  25000000 | PA      | $24997396.50  | 1.35%             | 2022-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31347AFY5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    245706 | PA      | $246992.87    | 0.01%             | 2038-04-01      | Floating      | 2.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31416CME3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    115172 | PA      | $116584.17    | 0.01%             | 2024-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                                               | CUSIP: 31398MEC6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        20 | PA      | $19.19        | 0.00%             | 2025-03-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31407VH40<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    159145 | PA      | $156276.09    | 0.01%             | 2045-08-01      | Floating      | 3.42%                 | No            |                  2 | On Loan: No      |
| Voya CLO Ltd                                     | Voya CLO 2017-1 Ltd                                                             | CUSIP: 92916MAF8<br>LEI: 54930054YW6PM1FPVU95 | Long             | ABS-CBDO         | CORP              | KY        |   8034115 | PA      | $7897751.69   | 0.43%             | 2030-04-17      | Floating      | 5.03%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                                              | CUSIP: 3137FMB43<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    630423 | PA      | $576258.39    | 0.03%             | 2049-04-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Oceanview Trust 2021-EBO1                        | Oceanview Trust 2021-EBO1                                                       | CUSIP: 67647NAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3000954 | PA      | $2910918.15   | 0.16%             | 2051-12-29      | Fixed         | 1.22%                 | No            |                  2 | On Loan: No      |
| QVC Inc                                          | QVC Inc                                                                         | CUSIP: 747262AS2<br>LEI: 549300WBLU5NKPX5X472 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4760525.00   | 0.26%             | 2024-04-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Taco Bell Funding, LLC                           | Taco Bell Funding LLC                                                           | CUSIP: 87342RAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6477975 | PA      | $6218266.50   | 0.34%             | 2046-05-25      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                   | Morgan Stanley                                                                  | CUSIP: 61747YEQ4<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |  10000000 | PA      | $9746396.50   | 0.53%             | 2025-04-17      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31295NRC4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       378 | PA      | $372.11       | 0.00%             | 2032-06-01      | Floating      | 3.38%                 | No            |                  2 | On Loan: No      |
| DT Auto Owner Trust                              | DT Auto Owner Trust 2020-1                                                      | CUSIP: 23344EAE6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1457106 | PA      | $1449332.45   | 0.08%             | 2025-11-17      | Fixed         | 2.29%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 3140JBE36<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    299298 | PA      | $304268.15    | 0.02%             | 2038-11-01      | Floating      | 3.08%                 | No            |                  2 | On Loan: No      |
| Cascade Funding Mortgage Trust                   | CFMT 2020-HB4 LLC                                                               | CUSIP: 12529LAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2342085 | PA      | $2262758.55   | 0.12%             | 2030-12-26      | Variable      | 0.95%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                                 | CIFC Funding 2018-I Ltd                                                         | CUSIP: 12551RAA6<br>LEI: 635400VBVF8AYJQBI411 | Long             | ABS-CBDO         | CORP              | KY        |   1750000 | PA      | $1711700.76   | 0.09%             | 2031-04-18      | Floating      | 5.19%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY OPERATING                         | NextEra Energy Operating Partners LP                                            | CUSIP: 65342QAK8<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |   2030000 | PA      | $1961572.96   | 0.11%             | 2024-07-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                             | Fannie Mae REMIC Trust 2007-W2                                                  | CUSIP: 31396VAD0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    190246 | PA      | $185880.29    | 0.01%             | 2037-03-25      | Floating      | 4.34%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                        | Towd Point Mortgage Trust 2017-1                                                | CUSIP: 89173FAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    606934 | PA      | $595456.56    | 0.03%             | 2056-10-25      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| BANCO BILBAO VIZCAYA ARG                         | Banco Bilbao Vizcaya Argentaria SA                                              | CUSIP: 05946KAH4<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | DBT              | CORP              | ES        |   5000000 | PA      | $4826919.10   | 0.26%             | 2023-09-18      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                         | Angel Oak Mortgage Trust I LLC 2019-4                                           | CUSIP: 03463UAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    111736 | PA      | $110871.44    | 0.01%             | 2049-07-26      | Variable      | 2.99%                 | No            |                  2 | On Loan: No      |
| Carlyle Global Market Strategies                 | Carlyle Global Market Strategies CLO 2015-1 Ltd                                 | CUSIP: 14311DBN5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  11134965 | PA      | $10915495.32  | 0.59%             | 2031-07-20      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| Intesa Sanpaolo SpA                              | Intesa Sanpaolo SpA                                                             | CUSIP: 46115HBC0<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |   4800000 | PA      | $4785986.83   | 0.26%             | 2023-01-12      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities Trust              | GS Mortgage-Backed Securities Trust 2020-NQM1                                   | CUSIP: 36259WAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1307908 | PA      | $1187077.24   | 0.06%             | 2060-09-27      | Variable      | 1.38%                 | No            |                  2 | On Loan: No      |
| Macquarie Bank Ltd                               | Macquarie Bank Ltd                                                              | CUSIP: 55607LP32<br>LEI: 4ZHCHI4KYZG2WVRT8631 | Long             | STIV             | CORP              | US        |  25000000 | PA      | $24794302.00  | 1.34%             | 2023-02-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Foursight Capital Automobile Receivables Trust   | Foursight Capital Automobile Receivables Trust 2019-1                           | CUSIP: 35105RAE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    446672 | PA      | $446248.95    | 0.02%             | 2025-04-15      | Fixed         | 3.07%                 | No            |                  2 | On Loan: No      |
| Navient Corp                                     | Navient Corp                                                                    | CUSIP: 63938CAE8<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |   2400000 | PA      | $2400207.31   | 0.13%             | 2023-09-25      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Starwood Mortgage Residential Trust              | Starwood Mortgage Residential Trust 2020-1                                      | CUSIP: 85573AAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3379210 | PA      | $3211278.44   | 0.17%             | 2050-02-25      | Variable      | 2.56%                 | No            |                  2 | On Loan: No      |
| Wilshire Funding Corporation                     | Wilshire Funding Corp                                                           | CUSIP: 22540AGU6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     86767 | PA      | $84972.42     | 0.00%             | 2037-12-28      | Floating      | 3.10%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENERGY INC                           | CenterPoint Energy Inc                                                          | CUSIP: 15189TAZ0<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | DBT              | CORP              | US        |   3840000 | PA      | $3784892.70   | 0.20%             | 2024-05-13      | Floating      | 4.47%                 | No            |                  2 | On Loan: No      |
| PLAINS ALL AMER PIPELINE                         | Plains All American Pipeline LP / PAA Finance Corp                              | CUSIP: 72650RBD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   8971000 | PA      | $8850941.82   | 0.48%             | 2023-10-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Santander Drive Auto Receivables Trust           | Santander Drive Auto Receivables Trust 2021-2                                   | CUSIP: 80286XAD6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5344511 | PA      | $5320515.88   | 0.29%             | 2025-09-15      | Fixed         | 0.59%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trust                  | BRAVO Residential Funding Trust 2021-HE2                                        | CUSIP: 10569CAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6789584 | PA      | $6696933.31   | 0.36%             | 2069-11-25      | Floating      | 4.30%                 | No            |                  2 | On Loan: No      |
| OSCAR US Funding Trust                           | Oscar US Funding XII LLC                                                        | CUSIP: 68785AAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | JP        |   1220859 | PA      | $1215214.91   | 0.07%             | 2024-03-11      | Fixed         | 0.40%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                         | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                       | CUSIP: 00774MAF2<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |   4000000 | PA      | $3964056.68   | 0.21%             | 2023-07-03      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                                               | CUSIP: 31398MJ98<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    574217 | PA      | $568692.70    | 0.03%             | 2035-05-25      | Fixed         | 5.41%                 | No            |                  2 | On Loan: No      |
| EQUITABLE FINANCIAL LIFE                         | Equitable Financial Life Global Funding                                         | CUSIP: 29449WAP2<br>LEI: 635400B4JJBON4TCHF02 | Long             | DBT              | CORP              | US        |  10615000 | PA      | $10667619.30  | 0.58%             | 2025-12-02      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| DT Auto Owner Trust                              | DT Auto Owner Trust 2019-4                                                      | CUSIP: 23343JAG1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6880000 | PA      | $6784695.49   | 0.37%             | 2025-07-15      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31300LN50<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    282047 | PA      | $285196.95    | 0.02%             | 2035-03-01      | Floating      | 3.62%                 | No            |                  2 | On Loan: No      |
| ENEL FINANCE INTL NV                             | Enel Finance International NV                                                   | CUSIP: 29278GAZ1<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |   6345000 | PA      | $6570378.78   | 0.35%             | 2025-10-14      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| ANZ NEW ZEALAND INTL/LDN                         | ANZ New Zealand Int'l Ltd/London                                                | CUSIP: 00182EBL2<br>LEI: 213800VD256NU2D97H12 | Long             | DBT              | CORP              | NZ        |   2800000 | PA      | $2783668.44   | 0.15%             | 2023-02-13      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| Cascade Funding Mortgage Trust                   | CFMT 2021-AL1 LLC                                                               | CUSIP: 12529UAF7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8130991 | PA      | $7660358.84   | 0.41%             | 2031-09-22      | Fixed         | 1.39%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                           | US 2YR NOTE (CBT) MAR23                                                         | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |     -1890 | NC      | $-711777.78   | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| BNP PARIBAS                                      | BNP Paribas SA                                                                  | CUSIP: 09659W2E3<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |   4000000 | PA      | $3980014.00   | 0.21%             | 2023-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SYNGENTA FINANCE NV                              | Syngenta Finance NV                                                             | CUSIP: 87164KAH7<br>LEI: 54930042S3BYCEGOCN86 | Long             | DBT              | CORP              | NL        |  13000000 | PA      | $12909657.67  | 0.70%             | 2023-04-24      | Fixed         | 4.44%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON NATIONAL BANK                         | Huntington National Bank/The                                                    | CUSIP: 44644MAH4<br>LEI: 2WHM8VNJH63UN14OL754 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $6009621.60   | 0.32%             | 2025-11-18      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| GSMPS Mortgage Loan Trust                        | GSMPS Mortgage Loan Trust                                                       | CUSIP: 36228FAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     24371 | PA      | $22658.87     | 0.00%             | 2027-09-19      | Variable      | 8.00%                 | No            |                  2 | On Loan: No      |
| DT Auto Owner Trust                              | DT Auto Owner Trust 2018-3                                                      | CUSIP: 23343CAG6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    152204 | PA      | $152157.10    | 0.01%             | 2024-07-15      | Fixed         | 4.19%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                           | Philip Morris International Inc                                                 | CUSIP: 718172CT4<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |   9965000 | PA      | $9962137.06   | 0.54%             | 2024-11-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS CO                                | General Motors Co                                                               | CUSIP: 37045VAW0<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |  12459000 | PA      | $12475390.19  | 0.67%             | 2023-10-02      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Flagship Credit Auto Trust                       | Flagship Credit Auto Trust 2018-3                                               | CUSIP: 33844PAG0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3456532 | PA      | $3420774.38   | 0.18%             | 2024-12-16      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 3140JBFB7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    147090 | PA      | $149128.76    | 0.01%             | 2035-09-01      | Floating      | 3.37%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES 2013-2                         | American Airlines 2013-2 Class A Pass Through Trust                             | CUSIP: 02377UAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3375173 | PA      | $3354313.43   | 0.18%             | 2023-01-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| SLM Student Loan Trust                           | SLM Student Loan Trust 2003-10                                                  | CUSIP: 78442GJH0<br>LEI: 5493000NQN5E3MSIIG77 | Long             | ABS-O            | CORP              | US        |  17399926 | PA      | $16281592.93  | 0.88%             | 2068-12-17      | Floating      | 3.96%                 | No            |                  2 | On Loan: No      |
| Octane Receivables Trust                         | Octane Receivables Trust 2021-1                                                 | CUSIP: 67571AAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6838231 | PA      | $6590012.37   | 0.36%             | 2027-03-22      | Fixed         | 0.93%                 | No            |                  2 | On Loan: No      |
| American Money Management Corporation            | AMMC CLO XIV Ltd                                                                | CUSIP: 00175LAQ5<br>LEI: 549300LU2QIHE9T9V444 | Long             | ABS-CBDO         | CORP              | KY        |   7909074 | PA      | $7818728.62   | 0.42%             | 2029-07-25      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                         | Ford Motor Credit Co LLC                                                        | CUSIP: 345397B85<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   8000000 | PA      | $7340000.00   | 0.40%             | 2025-02-10      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Exeter Automobile Receivables Trust              | Exeter Automobile Receivables Trust 2020-1                                      | CUSIP: 30167HAG3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5800000 | PA      | $5717055.36   | 0.31%             | 2025-12-15      | Fixed         | 2.73%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31295NJR0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     37102 | PA      | $36556.59     | 0.00%             | 2032-04-01      | Floating      | 3.25%                 | No            |                  2 | On Loan: No      |
| Enterprise Fleet Financing LLC                   | Enterprise Fleet Financing 2019-3 LLC                                           | CUSIP: 29374WAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    787530 | PA      | $785400.30    | 0.04%             | 2025-05-20      | Fixed         | 2.06%                 | No            |                  2 | On Loan: No      |
| Credit Acceptance Auto Loan Trust                | Credit Acceptance Auto Loan Trust 2020-3                                        | CUSIP: 22536BAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3565866 | PA      | $3470221.22   | 0.19%             | 2029-10-15      | Fixed         | 1.24%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                       | Verus Securitization Trust 2021-1                                               | CUSIP: 92537QAE1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3765150 | PA      | $2990565.25   | 0.16%             | 2066-01-25      | Variable      | 1.05%                 | No            |                  2 | On Loan: No      |
| SANTANDER HOLDINGS USA                           | Santander Holdings USA Inc                                                      | CUSIP: 80282KBD7<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |   7900000 | PA      | $7646315.99   | 0.41%             | 2025-06-09      | Fixed         | 4.26%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31387Y5U3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    190140 | PA      | $197490.40    | 0.01%             | 2031-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FannieMae Grantor Trust                          | Fannie Mae Grantor Trust 2002-T1                                                | CUSIP: 31392A7D4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    309413 | PA      | $341022.14    | 0.02%             | 2031-11-25      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Acres PLC                                        | ACRES Commercial Realty 2021-FL2 Ltd                                            | CUSIP: 00500JAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4000000 | PA      | $3795809.20   | 0.20%             | 2037-01-15      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust                       | Navient Private Education Refi Loan Trust 2018-C                                | CUSIP: 63940VAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    496234 | PA      | $485781.12    | 0.03%             | 2042-06-16      | Fixed         | 3.52%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                              | COMM 2014-UBS5 Mortgage Trust                                                   | CUSIP: 12592KAZ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    113748 | PA      | $109731.39    | 0.01%             | 2047-09-10      | Fixed         | 3.03%                 | No            |                  2 | On Loan: No      |
| JACKSON FINANCIAL INC                            | Jackson Financial Inc                                                           | CUSIP: 46817MAJ6<br>LEI: 213800WXW2KG1N4CO374 | Long             | DBT              | CORP              | US        |   5725000 | PA      | $5489466.46   | 0.30%             | 2023-11-22      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31385HSE3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     88527 | PA      | $86768.51     | 0.00%             | 2040-12-01      | Floating      | 3.60%                 | No            |                  2 | On Loan: No      |
| MFRA Trust                                       | MFA 2020-NQM3 Trust                                                             | CUSIP: 552757AA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1230072 | PA      | $1122946.87   | 0.06%             | 2065-01-26      | Variable      | 1.01%                 | No            |                  2 | On Loan: No      |
| SPDR Portfolio Short Term Corporate Bond ETF     | SPDR Portfolio Short Term Corporate Bond ETF                                    | CUSIP: 78464A474<br>LEI: 549300D2BO7L1J2SO973 | Long             | EC               | RF                | US        |    847800 | NS      | $24967710.00  | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Sound Point CLO LTD                              | SOUND POINT CLO VIII-R LTD                                                      | CUSIP: 83607HAL9<br>LEI: 549300RPMX5HA435Q562 | Long             | ABS-CBDO         | CORP              | KY        |  12555000 | PA      | $12304992.29  | 0.66%             | 2030-04-15      | Floating      | 5.16%                 | No            |                  2 | On Loan: No      |
| Carlyle C17 CLO                                  | Carlyle C17 CLO Ltd                                                             | CUSIP: 14307PAC9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $2953422.00   | 0.16%             | 2031-04-30      | Floating      | 5.44%                 | No            |                  2 | On Loan: No      |
| SKYWORKS SOLUTIONS INC                           | Skyworks Solutions Inc                                                          | CUSIP: 83088MAJ1<br>LEI: 549300WZ3ORQ2BVKBD96 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1954080.58   | 0.11%             | 2023-06-01      | Fixed         | 0.90%                 | No            |                  2 | On Loan: No      |
| BRIGHTHSE FIN GLBL FUND                          | Brighthouse Financial Global Funding                                            | CUSIP: 10921U2H0<br>LEI: 549300BLFX3KJ2IFOA78 | Long             | DBT              | CORP              | US        |  11340000 | PA      | $10451097.88  | 0.56%             | 2025-01-13      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP AMERICA                         | Volkswagen Group of America Finance LLC                                         | CUSIP: 928668BR2<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4858810.10   | 0.26%             | 2025-06-06      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31300LAR6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    272272 | PA      | $265401.14    | 0.01%             | 2038-10-01      | Floating      | 3.23%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31404FPT4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    344083 | PA      | $341558.62    | 0.02%             | 2034-06-01      | Floating      | 3.35%                 | No            |                  2 | On Loan: No      |
| MASTR Adjustable Rate Mortgages Trust            | MASTR Adjustable Rate Mortgages Trust 2002-3                                    | CUSIP: 576433BM7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      1647 | PA      | $1536.75      | 0.00%             | 2032-10-25      | Variable      | 2.83%                 | No            |                  2 | On Loan: No      |
| Santander Drive Auto Receivables Trust           | Santander Drive Auto Receivables Trust 2020-4                                   | CUSIP: 80286WAG1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  21370000 | PA      | $20284880.55  | 1.09%             | 2027-01-15      | Fixed         | 1.48%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                   | Morgan Stanley                                                                  | CUSIP: 61747YEG6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   8000000 | PA      | $7317854.96   | 0.39%             | 2025-10-21      | Fixed         | 1.16%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31295KSL9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       147 | PA      | $144.66       | 0.00%             | 2029-07-01      | Floating      | 3.53%                 | No            |                  2 | On Loan: No      |
| BRIGHTHSE FIN GLBL FUND                          | Brighthouse Financial Global Funding                                            | CUSIP: 10921U2D9<br>LEI: 549300BLFX3KJ2IFOA78 | Long             | DBT              | CORP              | US        |   6595000 | PA      | $6414083.78   | 0.35%             | 2023-06-28      | Fixed         | 0.60%                 | No            |                  2 | On Loan: No      |
| TPG Real Estate Finance                          | TRTX 2022-FL5 Issuer Ltd                                                        | CUSIP: 87277JAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  15000000 | PA      | $14753962.50  | 0.80%             | 2039-02-15      | Floating      | 5.02%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                     | CSMC 2021-NQM2                                                                  | CUSIP: 12662EAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4438393 | PA      | $3716600.90   | 0.20%             | 2066-02-25      | Variable      | 1.18%                 | No            |                  2 | On Loan: No      |
| Legacy Mortgage Asset Trust                      | Legacy Mortgage Asset Trust 2020-RPL1                                           | CUSIP: 52474HAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   8181542 | PA      | $7642217.29   | 0.41%             | 2059-09-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| MFRA Trust                                       | MFA 2020-NQM1 Trust                                                             | CUSIP: 552754AA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1283448 | PA      | $1212074.81   | 0.07%             | 2065-03-25      | Variable      | 1.48%                 | No            |                  2 | On Loan: No      |
| ALEXANDER FUNDING TRUST                          | Alexander Funding Trust                                                         | CUSIP: 014621AA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  12265000 | PA      | $11564447.24  | 0.62%             | 2023-11-15      | Fixed         | 1.84%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                              | JPMorgan Chase & Co                                                             | CUSIP: 46647PCX2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4893450.00   | 0.26%             | 2026-02-24      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                              | JPMorgan Chase & Co                                                             | CUSIP: 46647PCM6<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $5535522.96   | 0.30%             | 2025-08-09      | Fixed         | 0.77%                 | No            |                  2 | On Loan: No      |
| SABINE PASS LIQUEFACTION                         | Sabine Pass Liquefaction LLC                                                    | CUSIP: 785592AM8<br>LEI: 549300KJYBG7C6WJYZ11 | Long             | DBT              | CORP              | US        |  10000000 | PA      | $10024907.10  | 0.54%             | 2025-03-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                                              | CUSIP: 31394LSA1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     25016 | PA      | $24864.86     | 0.00%             | 2023-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Springcastle SPV                                 | SpringCastle America Funding LLC                                                | CUSIP: 85022WAP9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2936625 | PA      | $2646517.23   | 0.14%             | 2037-09-25      | Fixed         | 1.97%                 | No            |                  2 | On Loan: No      |
| NUTRIEN LTD                                      | Nutrien Ltd                                                                     | CUSIP: 67077MAZ1<br>LEI: 5493002QQ7GD21OWF963 | Long             | DBT              | CORP              | CA        |   5000000 | PA      | $5057748.50   | 0.27%             | 2024-11-07      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| DAIMLER TRUCKS FINAN NA                          | Daimler Trucks Finance North America LLC                                        | CUSIP: 233853AB6<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |  18780000 | PA      | $18005494.77  | 0.97%             | 2023-12-14      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 3140JBE44<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1279861 | PA      | $1298325.87   | 0.07%             | 2040-12-01      | Floating      | 3.40%                 | No            |                  2 | On Loan: No      |
| OneMain Financial Issuance Trust                 | OneMain Financial Issuance Trust 2020-A                                         | CUSIP: 68269LAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  10354397 | PA      | $10255876.52  | 0.55%             | 2032-05-14      | Fixed         | 3.84%                 | No            |                  2 | On Loan: No      |
| CCG Receivables Trust                            | CCG Receivables Trust 2022-1                                                    | CUSIP: 12511JAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5000000 | PA      | $4900170.00   | 0.26%             | 2029-07-16      | Fixed         | 3.91%                 | No            |                  2 | On Loan: No      |
| PRINCIPAL LFE GLB FND II                         | Principal Life Global Funding II                                                | CUSIP: 74256LET2<br>LEI: 635400WSLKBQWSOIIT41 | Long             | DBT              | CORP              | US        |  13000000 | PA      | $12021136.27  | 0.65%             | 2025-01-10      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| Bayer US Finance II LLC                          | Bayer US Finance II LLC                                                         | CUSIP: 07274NAE3<br>LEI: 529900XWNEXYNJ3X6T40 | Long             | DBT              | CORP              | US        |  10700000 | PA      | $10528865.59  | 0.57%             | 2023-12-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Gracie Point International Funding               | GRACIE POINT INTERNATIONAL FUNDING 2022-1                                       | CUSIP: 38411HAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |  11999886 | PA      | $11877749.26  | 0.64%             | 2024-04-01      | Floating      | 5.28%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                             | Fannie Mae REMIC Trust 2002-W4                                                  | CUSIP: 31392DUC4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    328869 | PA      | $315437.17    | 0.02%             | 2042-05-25      | Variable      | 3.69%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                | HSBC Holdings PLC                                                               | CUSIP: 404280BZ1<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |  10000000 | PA      | $9684894.30   | 0.52%             | 2025-03-11      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| OSCAR US Funding Trust                           | OSCAR US Funding Trust IX LLC                                                   | CUSIP: 68784XAE6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | JP        |    951525 | PA      | $948519.61    | 0.05%             | 2025-09-10      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Educational Services of America Inc              | Edsouth Indenture No 10 LLC                                                     | CUSIP: 28138JAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    279493 | PA      | $279510.76    | 0.02%             | 2056-12-25      | Floating      | 5.02%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                             | Fannie Mae REMIC Trust 2003-W11                                                 | CUSIP: 31393C6U2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      9754 | PA      | $9764.16      | 0.00%             | 2033-06-25      | Variable      | 3.72%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                   | Morgan Stanley                                                                  | CUSIP: 61747YEM3<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |  12000000 | PA      | $11288772.24  | 0.61%             | 2026-02-18      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENERGY RES                           | CenterPoint Energy Resources Corp                                               | CUSIP: 15189WAN0<br>LEI: 2JADVB0458J06WCD4N56 | Long             | DBT              | CORP              | US        |   2665000 | PA      | $2662857.77   | 0.14%             | 2023-03-02      | Floating      | 5.28%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                          | Hyundai Capital America                                                         | CUSIP: 44891ABM8<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |   4750000 | PA      | $4589035.47   | 0.25%             | 2023-09-18      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| FannieMae Grantor Trust                          | Fannie Mae Grantor Trust 2001-T12                                               | CUSIP: 31392A5N4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    243455 | PA      | $261780.72    | 0.01%             | 2041-08-25      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC                         | Vistra Operations Co LLC                                                        | CUSIP: 92840VAD4<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |  14500000 | PA      | $13902316.53  | 0.75%             | 2024-07-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 3138EQBQ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    716592 | PA      | $728493.31    | 0.04%             | 2036-08-01      | Floating      | 3.47%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs. | Freddie Mac Multifamily Structured Pass Through Certificates                    | CUSIP: 3137FARM2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    962074 | PA      | $961963.59    | 0.05%             | 2044-05-25      | Floating      | 2.79%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust                       | Navient Student Loan Trust 2017-3                                               | CUSIP: 63940JAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5700000 | PA      | $5594975.79   | 0.30%             | 2066-07-26      | Floating      | 5.07%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                          | Goldman Sachs Group Inc/The                                                     | CUSIP: 38141GYL2<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   8000000 | PA      | $7630101.36   | 0.41%             | 2024-10-21      | Fixed         | 0.93%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                                               | CUSIP: 3136ADBE8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2753805 | PA      | $2717326.59   | 0.15%             | 2043-03-25      | Floating      | 2.92%                 | No            |                  2 | On Loan: No      |
| DANSKE BANK A/S                                  | Danske Bank A/S                                                                 | CUSIP: 23636ABD2<br>LEI: MAES062Z21O4RZ2U7M96 | Long             | DBT              | CORP              | DK        |  16850000 | PA      | $16222122.83  | 0.88%             | 2025-03-28      | Fixed         | 3.77%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                       | Verus Securitization Trust 2020-INV1                                            | CUSIP: 92537TAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    471759 | PA      | $450002.22    | 0.02%             | 2060-03-25      | Variable      | 1.98%                 | No            |                  2 | On Loan: No      |
| CANADIAN NATL RESOURCES                          | Canadian Natural Resources Ltd                                                  | CUSIP: 136385AW1<br>LEI: 549300T15RIMIKZC5Q38 | Long             | DBT              | CORP              | CA        |   5389000 | PA      | $5384534.73   | 0.29%             | 2023-01-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                       | Verus Securitization Trust 2020-2                                               | CUSIP: 92537UAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    198977 | PA      | $190533.82    | 0.01%             | 2060-05-25      | Variable      | 2.23%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENERGY RES                           | CenterPoint Energy Resources Corp                                               | CUSIP: 15189WAM2<br>LEI: 2JADVB0458J06WCD4N56 | Long             | DBT              | CORP              | US        |   4625000 | PA      | $4572286.52   | 0.25%             | 2023-03-02      | Fixed         | 0.70%                 | No            |                  2 | On Loan: No      |
| MED Trust                                        | Med Trust 2021-MDLN                                                             | CUSIP: 58403YAD8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   8000000 | PA      | $7639110.40   | 0.41%             | 2038-11-15      | Floating      | 4.83%                 | No            |                  2 | On Loan: No      |
| Mill City Mortgage Trust                         | Mill City Mortgage Loan Trust 2018-2                                            | CUSIP: 59980MAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1296172 | PA      | $1266393.00   | 0.07%             | 2058-05-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| FannieMae Grantor Trust                          | Fannie Mae Grantor Trust 2001-T10                                               | CUSIP: 3139216C7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    272591 | PA      | $287719.16    | 0.02%             | 2041-12-25      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                     | Barclays PLC                                                                    | CUSIP: 06738EBQ7<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |   5135000 | PA      | $4855854.31   | 0.26%             | 2024-12-10      | Fixed         | 1.01%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                | HSBC Holdings PLC                                                               | CUSIP: 404280CW7<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |  10000000 | PA      | $9468446.10   | 0.51%             | 2024-11-22      | Fixed         | 1.16%                 | No            |                  2 | On Loan: No      |
| BOC AVIATION USA CORP                            | BOC Aviation USA Corp                                                           | CUSIP: 66980P2A6<br>LEI: 254900QKLTY6MF4Y3P65 | Long             | DBT              | CORP              | US        |   4785000 | PA      | $4521199.55   | 0.24%             | 2024-04-29      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                     | Credit Suisse Mortgage Capital Certificates                                     | CUSIP: 12659LAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    820742 | PA      | $789445.29    | 0.04%             | 2065-04-25      | Variable      | 1.62%                 | No            |                  2 | On Loan: No      |
| Equifirst Mortgage Loan Trust                    | EquiFirst Mortgage Loan Trust 2003-2                                            | CUSIP: 29445FAH1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    198847 | PA      | $193453.48    | 0.01%             | 2033-09-25      | Floating      | 5.01%                 | No            |                  2 | On Loan: No      |
| Dryden Senior Loan Fund                          | Dryden 30 Senior Loan Fund                                                      | CUSIP: 26249BAQ4<br>LEI: 549300AS2O1RYPD2ED41 | Long             | ABS-CBDO         | CORP              | KY        |   4691413 | PA      | $4631297.64   | 0.25%             | 2028-11-15      | Floating      | 5.43%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                                           | CUSIP: 3128MB4Y0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     16359 | PA      | $16295.57     | 0.00%             | 2023-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                         | Service Properties Trust                                                        | CUSIP: 44106MAR3<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              |  | US        |   3500000 | PA      | $3469375.00   | 0.19%             | 2023-06-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                     | CSMC 2020-AFC1 Trust                                                            | CUSIP: 12597MAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1757445 | PA      | $1609136.84   | 0.09%             | 2050-02-25      | Variable      | 2.51%                 | No            |                  2 | On Loan: No      |
| Countrywide Home Loans                           | CHL Mortgage Pass-Through Trust 2001-HYB1                                       | CUSIP: 12669B2X9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     57033 | PA      | $54123.55     | 0.00%             | 2031-06-19      | Variable      | 3.40%                 | No            |                  2 | On Loan: No      |
| PFS Financing Corp.                              | PFS Financing Corp                                                              | CUSIP: 69335PDZ5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   9340000 | PA      | $8748678.06   | 0.47%             | 2026-04-15      | Fixed         | 0.71%                 | No            |                  2 | On Loan: No      |
| Residential Mortgage Loan Trust                  | Residential Mortgage Loan Trust 2019-2                                          | CUSIP: 76119DAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    331982 | PA      | $324858.90    | 0.02%             | 2059-05-25      | Variable      | 2.91%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 3138EM2H3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    174062 | PA      | $173412.79    | 0.01%             | 2037-09-01      | Floating      | 2.89%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                             | OneMain Finance Corp                                                            | CUSIP: 85172FAL3<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |   4550000 | PA      | $4540523.08   | 0.25%             | 2023-03-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Wind River CLO Ltd                               | THL Credit Wind River 2013-2 CLO Ltd                                            | CUSIP: 97314CAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  16900000 | PA      | $16594583.20  | 0.90%             | 2030-10-18      | Floating      | 5.19%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                        | Towd Point Mortgage Trust 2018-2                                                | CUSIP: 89175VAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1775316 | PA      | $1693259.01   | 0.09%             | 2058-03-25      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                            | Athene Global Funding                                                           | CUSIP: 04685A2M2<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4938823.50   | 0.27%             | 2023-05-26      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Hospitality Mortgage Trust                       | HPLY Trust 2019-HIT                                                             | CUSIP: 40443RAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3728874 | PA      | $3621012.97   | 0.20%             | 2036-11-15      | Floating      | 4.88%                 | No            |                  2 | On Loan: No      |
| SECURITY BENEFIT GL FUND                         | Security Benefit Global Funding                                                 | CUSIP: 81412DAA1<br>LEI: 5493003C0JW6BY7YFF93 | Long             | DBT              | CORP              | US        |   1665000 | PA      | $1553606.60   | 0.08%             | 2024-05-17      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| ING GROEP NV                                     | ING Groep NV                                                                    | CUSIP: 456837BA0<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |   4000000 | PA      | $3842492.44   | 0.21%             | 2026-03-28      | Fixed         | 3.87%                 | No            |                  2 | On Loan: No      |
| OneMain Direct Auto Receivables Trust            | OneMain Direct Auto Receivables Trust 2021-1                                    | CUSIP: 682687AA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  11760000 | PA      | $10802992.37  | 0.58%             | 2028-07-14      | Fixed         | 0.87%                 | No            |                  2 | On Loan: No      |
| SPGN TFLM Mortgage Trust                         | SPGN 2022-TFLM Mortgage Trust                                                   | CUSIP: 78473HAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  20000000 | PA      | $18905896.00  | 1.02%             | 2039-02-15      | Floating      | 5.34%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                             | Bank of America Corp                                                            | CUSIP: 06051GJH3<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |  12000000 | PA      | $11462859.12  | 0.62%             | 2024-10-24      | Fixed         | 0.81%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                      | Oracle Corp                                                                     | CUSIP: 68389XCF0<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   6581000 | PA      | $6740908.89   | 0.36%             | 2025-11-10      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| PROTECTIVE LIFE GLOBAL                           | Protective Life Global Funding                                                  | CUSIP: 74368CBA1<br>LEI: 635400EVYITCJYWL2I50 | Long             | DBT              | CORP              | US        |  10000000 | PA      | $9489818.90   | 0.51%             | 2024-01-12      | Fixed         | 0.47%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                             | Bank of America Corp                                                            | CUSIP: 06051GKG3<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   8000000 | PA      | $7639968.00   | 0.41%             | 2025-02-04      | Fixed         | 1.84%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC                                 | COLT 2021-1RMortgage Pass-Through Certificates                                  | CUSIP: 19688BAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2657342 | PA      | $2161404.35   | 0.12%             | 2065-05-25      | Variable      | 0.86%                 | No            |                  2 | On Loan: No      |
| Wilshire Funding Corporation                     | Wilshire Funding Corp                                                           | CUSIP: 126342FW9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     78194 | PA      | $79155.10     | 0.00%             | 2032-08-25      | Variable      | 7.51%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                               | CUSIP: 36225BYK8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    225301 | PA      | $239875.89    | 0.01%             | 2033-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| GLS Auto Receivables Trust                       | GLS Auto Receivables Issuer Trust 2019-3                                        | CUSIP: 36258AAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2459539 | PA      | $2430958.58   | 0.13%             | 2025-05-15      | Fixed         | 2.96%                 | No            |                  2 | On Loan: No      |
| Nordea Bank Abp                                  | Nordea Bank Abp                                                                 | CUSIP: 65557CAY9<br>LEI: 529900ODI3047E2LIV03 | Long             | DBT              | CORP              | FI        |  10000000 | PA      | $9872233.40   | 0.53%             | 2023-08-30      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                                               | CUSIP: 31398RF42<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      4133 | PA      | $4112.42      | 0.00%             | 2025-06-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| WEA FINANCE LLC/WESTFIEL                         | WEA Finance LLC / Westfield UK & Europe Finance PLC                             | CUSIP: 92890HAC6<br>LEI: N/A                  | Long             | DBT              |  | US        |  10766000 | PA      | $10199315.33  | 0.55%             | 2024-09-17      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Ellington Financial Mortgage Trust               | Ellington Financial Mortgage Trust 2020-1                                       | CUSIP: 31574PAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    356155 | PA      | $343150.56    | 0.02%             | 2065-05-25      | Variable      | 2.01%                 | No            |                  2 | On Loan: No      |
| Enterprise Fleet Financing LLC                   | Enterprise Fleet Funding 2021-1 LLC                                             | CUSIP: 29374EAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4856074 | PA      | $4680444.91   | 0.25%             | 2026-12-21      | Fixed         | 0.44%                 | No            |                  2 | On Loan: No      |
| FannieMae Grantor Trust                          | Fannie Mae Grantor Trust 2000-T6                                                | CUSIP: 31358SR45<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    177669 | PA      | $182751.51    | 0.01%             | 2040-11-25      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 3138ERA67<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    331748 | PA      | $332104.89    | 0.02%             | 2027-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2022-12-30

**Name of Applicant:** ALLSPRING FUNDS TRUST

**Signature:** Jeremy DePalma

**Name of Signer:** Jeremy DePalma

**Title:** Treasurer