# EDGAR Filing Document

**Accession Number:** 0000751173
**File Stem:** 0001752724-23-067861
**Filing Date:** 2023-3
**Character Count:** 165859
**Document Hash:** cd1225daf443adfa516fbdbf0c927c1a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-067861.hdr.sgml**: 20230327

**ACCESSION NUMBER**: 0001752724-23-067861

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230327

**DATE AS OF CHANGE**: 20230327

**PERIOD START**: 20231031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MANNING & NAPIER FUND, INC.
- **CENTRAL INDEX KEY:** 0000751173
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04087
- **FILM NUMBER:** 23764023

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

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

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

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

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

## Series and Classes Contracts Data

### Pro-Blend(R) Maximum Term Series (Series ID: S000003640)

| Class ID   | Class Name                               | Ticker Symbol   |
|:---|:---|:---|
| C000010114 | Pro-Blend(R) Maximum Term Series Class L | MNHCX           |
| C000010116 | Pro-Blend(R) Maximum Term Series Class R | MNHRX           |
| C000010118 | Pro-Blend(R) Maximum Term Series Class S | EXHAX           |
| C000059955 | Pro-Blend(R) Maximum Term Series Class I | MNHIX           |
| C000206458 | Class W                                  | MNHWX           |

## Nport-Ex

**Investment Portfolio - January 31, 2023**

(unaudited)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;PRO-BLEND<sup>®</sup> MAXIMUM TERM SERIES | SHARES/<br> PRINCIPAL<br> AMOUNT<sup>1</sup> | VALUE |
| **COMMON STOCKS - 79.7%** |  |  |
| **Communication Services - 6.6%** |  |  |
| &nbsp;&nbsp;&nbsp;**Diversified Telecommunication Services - 1.2%** |  |  |
| &nbsp;&nbsp;&nbsp;Cellnex Telecom S.A. - ADR (Spain) | 234460 | $4567281 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cellnex Telecom S.A. (Spain)<sup>2</sup> | 6503 | 254840 |
| &nbsp;&nbsp;&nbsp;&nbsp;Helios Towers plc (Tanzania)<sup>\*</sup> | 60460 | 79756 |
| &nbsp;&nbsp;&nbsp;&nbsp;Radius Global Infrastructure, Inc. - Class A<sup>\*</sup> | 25241 | 339996 |
|  |  | 5241873 |
| &nbsp;&nbsp;&nbsp;**Entertainment - 1.9%** |  |  |
| &nbsp;&nbsp;&nbsp;Activision Blizzard, Inc. | 30385 | 2326579 |
| &nbsp;&nbsp;&nbsp;Electronic Arts, Inc. | 38980 | 5015946 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ubisoft Entertainment S.A. - ADR (France)<sup>\*</sup> | 274650 | 1123319 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ubisoft Entertainment S.A. (France)<sup>\*</sup> | 7947 | 164555 |
|  |  | 8630399 |
| &nbsp;&nbsp;&nbsp;**Interactive Media & Services - 3.5%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Alphabet, Inc. - Class A<sup>\*</sup> | 84249 | 8327171 |
| &nbsp;&nbsp;&nbsp;&nbsp;Auto Trader Group plc (United Kingdom)<sup>2</sup> | 65893 | 511230 |
| &nbsp;&nbsp;&nbsp;&nbsp;Meta Platforms, Inc. - Class A<sup>\*</sup> | 46540 | 6933064 |
| &nbsp;&nbsp;&nbsp;Tencent Holdings Ltd. (China) | 5100 | 248517 |
|  |  | 16019982 |
| &nbsp;&nbsp;&nbsp;**Media - 0.0%##** |  |  |
| &nbsp;&nbsp;&nbsp;Comcast Corp. - Class A | 3897 | 153347 |
| &nbsp;&nbsp;&nbsp;Omnicom Group, Inc. | 473 | 40673 |
| &nbsp;&nbsp;&nbsp;Paramount Global - Class B | 780 | 18065 |
|  |  | 212085 |
| **Total Communication Services** |  | 30104339 |
| **Consumer Discretionary - 9.8%** |  |  |
| &nbsp;&nbsp;&nbsp;**Distributors - 0.0%##** |  |  |
| &nbsp;&nbsp;&nbsp;Genuine Parts Co. | 301 | 50514 |
| &nbsp;&nbsp;&nbsp;**Hotels, Restaurants & Leisure - 1.2%** |  |  |
| &nbsp;&nbsp;&nbsp;Domino's Pizza, Inc. | 13770 | 4860810 |
| &nbsp;&nbsp;&nbsp;Marriott Vacations Worldwide Corp. | 411 | 65776 |
| &nbsp;&nbsp;&nbsp;McDonald's Corp. | 527 | 140920 |
| &nbsp;&nbsp;&nbsp;&nbsp;Playa Hotels & Resorts N.V.<sup>\*</sup> | 7055 | 53477 |
| &nbsp;&nbsp;&nbsp;Restaurant Brands International, Inc. (Canada) | 2490 | 166656 |
|  |  | 5287639 |
| &nbsp;&nbsp;&nbsp;**Household Durables - 1.0%** |  |  |
| &nbsp;&nbsp;&nbsp;Garmin Ltd. | 361 | 35696 |
| &nbsp;&nbsp;&nbsp;Lennar Corp. - Class A | 396 | 40550 |
| &nbsp;&nbsp;&nbsp;Nikon Corp. (Japan) | 16800 | 165873 |
| &nbsp;&nbsp;&nbsp;Sony Group Corp. - ADR (Japan) | 46271 | 4139404 |
| &nbsp;&nbsp;&nbsp;Sony Group Corp. (Japan) | 3000 | 268055 |
|  |  | 4649578 |
| &nbsp;&nbsp;&nbsp;**Internet & Direct Marketing Retail - 3.2%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Amazon.com, Inc.<sup>\*</sup> | 113780 | 11734132 |
| &nbsp;&nbsp;&nbsp;eBay, Inc. | 691 | 34205 |
| &nbsp;&nbsp;&nbsp;&nbsp;Meituan - Class B (China)<sup>\*2</sup> | 650 | 14531 |

---

---

| | | |
|:---|:---|:---|
|  | SHARES/<br> PRINCIPAL<br> AMOUNT<sup>1</sup> | VALUE |
| **COMMON STOCKS** (continued) |  |  |
| **Consumer Discretionary** (continued) |  |  |
| &nbsp;&nbsp;&nbsp;**Internet & Direct Marketing Retail** (continued) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;MercadoLibre, Inc. (Brazil)<sup>\*</sup> | 2344 | $2769881 |
|  |  | 14552749 |
| &nbsp;&nbsp;&nbsp;**Multiline Retail - 1.7%** |  |  |
| &nbsp;&nbsp;&nbsp;Dollar General Corp. | 15925 | 3720080 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dollar Tree, Inc.<sup>\*</sup> | 28050 | 4212549 |
| &nbsp;&nbsp;&nbsp;Target Corp. | 389 | 66962 |
|  |  | 7999591 |
| &nbsp;&nbsp;&nbsp;**Specialty Retail - 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp;Best Buy Co., Inc. | 426 | 37795 |
| &nbsp;&nbsp;&nbsp;The Home Depot, Inc. | 827 | 268089 |
| &nbsp;&nbsp;&nbsp;Ross Stores, Inc. | 417 | 49285 |
| &nbsp;&nbsp;&nbsp;The TJX Companies, Inc. | 1126 | 92174 |
| &nbsp;&nbsp;&nbsp;Tractor Supply Co. | 163 | 37162 |
|  |  | 484505 |
| &nbsp;&nbsp;&nbsp;**Textiles, Apparel & Luxury Goods - 2.6%** |  |  |
| &nbsp;&nbsp;&nbsp;adidas AG - ADR (Germany) | 54336 | 4349597 |
| &nbsp;&nbsp;&nbsp;adidas AG (Germany) | 2612 | 420574 |
| &nbsp;&nbsp;&nbsp;&nbsp;lululemon athletica, Inc. <sup>\*</sup> | 12016 | 3687470 |
| &nbsp;&nbsp;&nbsp;NIKE, Inc. - Class B | 25473 | 3243477 |
| &nbsp;&nbsp;&nbsp;VF Corp. | 575 | 17791 |
|  |  | 11718909 |
| **Total Consumer Discretionary** |  | 44743485 |
| **Consumer Staples - 8.5%** |  |  |
| &nbsp;&nbsp;&nbsp;**Beverages - 3.9%** |  |  |
| &nbsp;&nbsp;&nbsp;The Coca-Cola Co. | 143663 | 8809415 |
| &nbsp;&nbsp;&nbsp;Constellation Brands, Inc. - Class A | 23763 | 5501610 |
| &nbsp;&nbsp;&nbsp;Diageo plc (United Kingdom) | 4942 | 216095 |
| &nbsp;&nbsp;&nbsp;Heineken N.V. - ADR (Netherlands) | 57795 | 2886860 |
| &nbsp;&nbsp;&nbsp;Heineken N.V. (Netherlands) | 2940 | 293820 |
|  |  | 17707800 |
| &nbsp;&nbsp;&nbsp;**Food & Staples Retailing - 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp;The Kroger Co. | 1153 | 51458 |
| &nbsp;&nbsp;&nbsp;Walgreens Boots Alliance, Inc. | 1052 | 38777 |
| &nbsp;&nbsp;&nbsp;Walmart, Inc. | 2028 | 291768 |
|  |  | 382003 |
| &nbsp;&nbsp;&nbsp;**Food Products - 3.1%** |  |  |
| &nbsp;&nbsp;&nbsp;Archer-Daniels-Midland Co. | 818 | 67771 |
| &nbsp;&nbsp;&nbsp;Bunge Ltd. | 312 | 30919 |
| &nbsp;&nbsp;&nbsp;Campbell Soup Co. | 686 | 35624 |
| &nbsp;&nbsp;&nbsp;Conagra Brands, Inc. | 1035 | 38492 |
| &nbsp;&nbsp;&nbsp;Danone S.A. (France) | 3207 | 175870 |
| &nbsp;&nbsp;&nbsp;General Mills, Inc. | 946 | 74129 |
| &nbsp;&nbsp;&nbsp;The J.M. Smucker Co. | 241 | 36825 |
| &nbsp;&nbsp;&nbsp;Kerry Group plc - Class A (Ireland) | 2703 | 253271 |
| &nbsp;&nbsp;&nbsp;Mondelez International, Inc. - Class A | 111292 | 7282948 |
| &nbsp;&nbsp;&nbsp;Nestle S.A. - ADR | 45989 | 5620546 |
| &nbsp;&nbsp;&nbsp;Nestle S.A. | 3464 | 422639 |

---

**1**

**Investment Portfolio - January 31, 2023**

(unaudited)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;PRO-BLEND<sup>®</sup> MAXIMUM TERM SERIES | SHARES/<br> PRINCIPAL<br> AMOUNT<sup>1</sup> | VALUE |
| **COMMON STOCKS** (continued) |  |  |
| **Consumer Staples** (continued) |  |  |
| &nbsp;&nbsp;&nbsp;**Food Products** (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Tyson Foods, Inc. - Class A | 616 | $40502 |
|  |  | 14079536 |
| &nbsp;&nbsp;&nbsp;**Household Products - 0.2%** |  |  |
| &nbsp;&nbsp;&nbsp;Colgate-Palmolive Co. | 1157 | 86231 |
| &nbsp;&nbsp;&nbsp;Kimberly-Clark de Mexico S.A.B. de C.V.- Class A (Mexico) | 223600 | 425696 |
| &nbsp;&nbsp;&nbsp;The Procter & Gamble Co. | 1833 | 260982 |
|  |  | 772909 |
| &nbsp;&nbsp;&nbsp;**Personal Products - 1.2%** |  |  |
| &nbsp;&nbsp;&nbsp;Beiersdorf AG (Germany) | 2413 | 293367 |
| &nbsp;&nbsp;&nbsp;L'Oreal S.A. (France) | 206 | 85060 |
| &nbsp;&nbsp;&nbsp;Unilever plc - ADR (United Kingdom) | 105099 | 5370559 |
|  |  | 5748986 |
| **Total Consumer Staples** |  | 38691234 |
| **Energy - 0.2%** |  |  |
| &nbsp;&nbsp;&nbsp;**Oil, Gas & Consumable Fuels - 0.2%** |  |  |
| &nbsp;&nbsp;&nbsp;Chevron Corp. | 1164 | 202559 |
| &nbsp;&nbsp;&nbsp;ConocoPhillips | 1077 | 131254 |
| &nbsp;&nbsp;&nbsp;Coterra Energy, Inc. | 1179 | 29510 |
| &nbsp;&nbsp;&nbsp;Devon Energy Corp. | 775 | 49011 |
| &nbsp;&nbsp;&nbsp;Diamondback Energy, Inc. | 242 | 35361 |
| &nbsp;&nbsp;&nbsp;EOG Resources, Inc. | 583 | 77102 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jonah Energy Parent LLC<sup>\*3</sup> | 2449 | 152401 |
| &nbsp;&nbsp;&nbsp;Marathon Petroleum Corp. | 605 | 77755 |
| &nbsp;&nbsp;&nbsp;Pioneer Natural Resources Co. | 252 | 58048 |
| **Total Energy** |  | 813001 |
| **Financials - 9.6%** |  |  |
| &nbsp;&nbsp;&nbsp;**Banks - 2.5%** |  |  |
| &nbsp;&nbsp;&nbsp;The Bank of N.T. Butterfield & Son Ltd. (Bermuda) | 4530 | 144779 |
| &nbsp;&nbsp;&nbsp;Citigroup, Inc. | 2295 | 119845 |
| &nbsp;&nbsp;&nbsp;East West Bancorp, Inc. | 42169 | 3311110 |
| &nbsp;&nbsp;&nbsp;Fifth Third BanCorp. | 1240 | 45000 |
| &nbsp;&nbsp;&nbsp;FinecoBank Banca Fineco S.p.A. (Italy) | 22269 | 399770 |
| &nbsp;&nbsp;&nbsp;HDFC Bank Ltd. - ADR (India) | 59239 | 3990339 |
| &nbsp;&nbsp;&nbsp;JPMorgan Chase & Co. | 23316 | 3263307 |
| &nbsp;&nbsp;&nbsp;KeyCorp. | 1365 | 26194 |
| &nbsp;&nbsp;&nbsp;Regions Financial Corp. | 2014 | 47409 |
| &nbsp;&nbsp;&nbsp;U.S. BanCorp. | 1846 | 91931 |
|  |  | 11439684 |
| &nbsp;&nbsp;&nbsp;**Capital Markets - 6.5%** |  |  |
| &nbsp;&nbsp;&nbsp;Allfunds Group plc (United Kingdom) | 20161 | 160380 |
| &nbsp;&nbsp;&nbsp;Avanza Bank Holding AB (Sweden) | 11591 | 267446 |
| &nbsp;&nbsp;&nbsp;BlackRock, Inc. | 3815 | 2896386 |
| &nbsp;&nbsp;&nbsp;Cboe Global Markets, Inc. | 29854 | 3668460 |
| &nbsp;&nbsp;&nbsp;Deutsche Boerse AG - ADR (Germany) | 181723 | 3241939 |
| &nbsp;&nbsp;&nbsp;Deutsche Boerse AG (Germany) | 1851 | 331222 |

---

---

| | | |
|:---|:---|:---|
|  | SHARES/<br> PRINCIPAL<br> AMOUNT<sup>1</sup> | VALUE |
| **COMMON STOCKS** (continued) |  |  |
| **Financials** (continued) |  |  |
| &nbsp;&nbsp;&nbsp;**Capital Markets** (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Intercontinental Exchange, Inc. | 38705 | $4162723 |
| &nbsp;&nbsp;&nbsp;Intermediate Capital Group plc (United Kingdom) | 19868 | 341877 |
| &nbsp;&nbsp;&nbsp;Moody's Corp. | 26080 | 8417320 |
| &nbsp;&nbsp;&nbsp;S&P Global, Inc. | 16265 | 6098399 |
|  |  | 29586152 |
| &nbsp;&nbsp;&nbsp;**Insurance - 0.6%** |  |  |
| &nbsp;&nbsp;&nbsp;Admiral Group plc - ADR (United Kingdom) | 71979 | 1951351 |
| &nbsp;&nbsp;&nbsp;Admiral Group plc (United Kingdom) | 17457 | 474574 |
| &nbsp;&nbsp;&nbsp;The Allstate Corp. | 470 | 60381 |
| &nbsp;&nbsp;&nbsp;Chubb Ltd. | 534 | 121480 |
| &nbsp;&nbsp;&nbsp;Cincinnati Financial Corp. | 304 | 34398 |
| &nbsp;&nbsp;&nbsp;RenaissanceRe Holdings Ltd. (Bermuda) | 870 | 170250 |
| &nbsp;&nbsp;&nbsp;The Travelers Companies, Inc. | 385 | 73581 |
|  |  | 2886015 |
| **Total Financials** |  | 43911851 |
| **Health Care - 11.6%** |  |  |
| &nbsp;&nbsp;&nbsp;**Biotechnology - 1.8%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;BioMarin Pharmaceutical, Inc.<sup>\*</sup> | 25981 | 2996908 |
| &nbsp;&nbsp;&nbsp;Gilead Sciences, Inc. | 1635 | 137242 |
| &nbsp;&nbsp;&nbsp;&nbsp;Seagen, Inc.<sup>\*</sup> | 14751 | 2057469 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vertex Pharmaceuticals, Inc.<sup>\*</sup> | 10216 | 3300790 |
|  |  | 8492409 |
| &nbsp;&nbsp;&nbsp;**Health Care Equipment & Supplies - 4.6%** |  |  |
| &nbsp;&nbsp;&nbsp;Abbott Laboratories | 1188 | 131333 |
| &nbsp;&nbsp;&nbsp;Alcon, Inc. (Switzerland) | 37539 | 2823308 |
| &nbsp;&nbsp;&nbsp;Baxter International, Inc. | 618 | 28236 |
| &nbsp;&nbsp;&nbsp;&nbsp;Boston Scientific Corp.<sup>\*</sup> | 60969 | 2819816 |
| &nbsp;&nbsp;&nbsp;The Cooper Companies, Inc. | 5572 | 1944238 |
| &nbsp;&nbsp;&nbsp;Getinge AB - Class B (Sweden) | 18808 | 423699 |
| &nbsp;&nbsp;&nbsp;&nbsp;IDEXX Laboratories, Inc.<sup>\*</sup> | 5909 | 2839275 |
| &nbsp;&nbsp;&nbsp;&nbsp;Intuitive Surgical, Inc.<sup>\*</sup> | 10839 | 2663034 |
| &nbsp;&nbsp;&nbsp;Medtronic plc | 86268 | 7219769 |
|  |  | 20892708 |
| &nbsp;&nbsp;&nbsp;**Health Care Providers & Services - 1.7%** |  |  |
| &nbsp;&nbsp;&nbsp;CVS Health Corp. | 32136 | 2835038 |
| &nbsp;&nbsp;&nbsp;Humana, Inc. | 5762 | 2948415 |
| &nbsp;&nbsp;&nbsp;Quest Diagnostics, Inc. | 272 | 40387 |
| &nbsp;&nbsp;&nbsp;UnitedHealth Group, Inc. | 3597 | 1795586 |
|  |  | 7619426 |
| &nbsp;&nbsp;&nbsp;**Life Sciences Tools & Services - 0.9%** |  |  |
| &nbsp;&nbsp;&nbsp;Thermo Fisher Scientific, Inc. | 7605 | 4337360 |
| &nbsp;&nbsp;&nbsp;**Pharmaceuticals - 2.6%** |  |  |
| &nbsp;&nbsp;&nbsp;Bristol-Myers Squibb Co. | 2160 | 156924 |
| &nbsp;&nbsp;&nbsp;Dechra Pharmaceuticals plc (United Kingdom) | 7965 | 282488 |

---

**2**

**Investment Portfolio - January 31, 2023**

(unaudited)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;PRO-BLEND<sup>®</sup> MAXIMUM TERM SERIES | SHARES/<br> PRINCIPAL<br> AMOUNT<sup>1</sup> | VALUE |
| **COMMON STOCKS** (continued) |  |  |
| **Health Care** (continued) |  |  |
| &nbsp;&nbsp;&nbsp;**Pharmaceuticals** (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Johnson & Johnson | 36835 | $6019576 |
| &nbsp;&nbsp;&nbsp;Merck & Co., Inc. | 2310 | 248117 |
| &nbsp;&nbsp;&nbsp;Novartis AG - ADR (Switzerland) | 38452 | 3484520 |
| &nbsp;&nbsp;&nbsp;Pfizer, Inc. | 3481 | 153721 |
| &nbsp;&nbsp;&nbsp;Royalty Pharma plc - Class A | 831 | 32567 |
| &nbsp;&nbsp;&nbsp;Zoetis, Inc. | 8201 | 1357184 |
|  |  | 11735097 |
| **Total Health Care** |  | 53077000 |
| **Industrials - 7.7%** |  |  |
| &nbsp;&nbsp;&nbsp;**Aerospace & Defense - 2.2%** |  |  |
| &nbsp;&nbsp;&nbsp;Airbus SE (France) | 1681 | 210740 |
| &nbsp;&nbsp;&nbsp;BAE Systems plc - ADR (United Kingdom) | 64740 | 2766340 |
| &nbsp;&nbsp;&nbsp;BAE Systems plc (United Kingdom) | 43309 | 458471 |
| &nbsp;&nbsp;&nbsp;General Dynamics Corp. | 387 | 90194 |
| &nbsp;&nbsp;&nbsp;L3Harris Technologies, Inc. | 17646 | 3790714 |
| &nbsp;&nbsp;&nbsp;Lockheed Martin Corp. | 301 | 139441 |
| &nbsp;&nbsp;&nbsp;Northrop Grumman Corp. | 5140 | 2302926 |
|  |  | 9758826 |
| &nbsp;&nbsp;&nbsp;**Air Freight & Logistics - 0.0%##** |  |  |
| &nbsp;&nbsp;&nbsp;C.H. Robinson Worldwide, Inc. | 323 | 32355 |
| &nbsp;&nbsp;&nbsp;United Parcel Service, Inc. - Class B | 667 | 123548 |
|  |  | 155903 |
| &nbsp;&nbsp;&nbsp;**Airlines - 1.1%** |  |  |
| &nbsp;&nbsp;&nbsp;Ryanair Holdings plc - ADR (Ireland)<sup>\*</sup> | 55661 | 5038990 |
| &nbsp;&nbsp;&nbsp;**Building Products - 0.8%** |  |  |
| &nbsp;&nbsp;&nbsp;Assa Abloy AB - Class B (Sweden) | 12639 | 297727 |
| &nbsp;&nbsp;&nbsp;Johnson Controls International plc | 1038 | 72214 |
| &nbsp;&nbsp;&nbsp;Masco Corp. | 57793 | 3074588 |
| &nbsp;&nbsp;&nbsp;Trane Technologies plc | 283 | 50691 |
|  |  | 3495220 |
| &nbsp;&nbsp;&nbsp;**Commercial Services & Supplies - 0.5%** |  |  |
| &nbsp;&nbsp;&nbsp;Cleanaway Waste Management Ltd. (Australia) | 179039 | 346916 |
| &nbsp;&nbsp;&nbsp;Copart, Inc.<sup>\*</sup> | 28993 | 1931224 |
| &nbsp;&nbsp;&nbsp;Republic Services, Inc. | 505 | 63034 |
| &nbsp;&nbsp;&nbsp;Waste Management, Inc. | 565 | 87422 |
|  |  | 2428596 |
| &nbsp;&nbsp;&nbsp;**Electrical Equipment - 0.0%##** |  |  |
| &nbsp;&nbsp;&nbsp;Eaton Corp. plc | 578 | 93758 |
| &nbsp;&nbsp;&nbsp;Emerson Electric Co. | 860 | 77589 |
|  |  | 171347 |
| &nbsp;&nbsp;&nbsp;**Industrial Conglomerates - 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp;3M Co. | 682 | 78484 |
| &nbsp;&nbsp;&nbsp;Honeywell International, Inc. | 747 | 155735 |
|  |  | 234219 |

---

---

| | | |
|:---|:---|:---|
|  | SHARES/<br> PRINCIPAL<br> AMOUNT<sup>1</sup> | VALUE |
| **COMMON STOCKS** (continued) |  |  |
| **Industrials** (continued) |  |  |
| &nbsp;&nbsp;&nbsp;**Machinery - 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp;Caterpillar, Inc. | 616 | $155411 |
| &nbsp;&nbsp;&nbsp;Cummins, Inc. | 269 | 67126 |
| &nbsp;&nbsp;&nbsp;Illinois Tool Works, Inc. | 445 | 105038 |
| &nbsp;&nbsp;&nbsp;Parker-Hannifin Corp. | 155 | 50530 |
| &nbsp;&nbsp;&nbsp;Rotork plc (United Kingdom) | 40685 | 160268 |
| &nbsp;&nbsp;&nbsp;Stanley Black & Decker, Inc. | 202 | 18040 |
|  |  | 556413 |
| &nbsp;&nbsp;&nbsp;**Road & Rail - 1.6%** |  |  |
| &nbsp;&nbsp;&nbsp;Canadian National Railway Co. (Canada) | 35134 | 4184108 |
| &nbsp;&nbsp;&nbsp;Norfolk Southern Corp. | 11352 | 2790435 |
| &nbsp;&nbsp;&nbsp;Union Pacific Corp. | 690 | 140891 |
|  |  | 7115434 |
| &nbsp;&nbsp;&nbsp;**Trading Companies & Distributors - 0.5%** |  |  |
| &nbsp;&nbsp;&nbsp;Brenntag SE - ADR (Germany) | 146104 | 2175489 |
| &nbsp;&nbsp;&nbsp;Brenntag SE (Germany) | 2255 | 168331 |
| &nbsp;&nbsp;&nbsp;IMCD N.V. (Netherlands) | 524 | 83071 |
|  |  | 2426891 |
| &nbsp;&nbsp;&nbsp;**Transportation Infrastructure - 0.8%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Auckland International Airport Ltd. (New Zealand)<sup>\*</sup> | 27937 | 153753 |
| &nbsp;&nbsp;&nbsp;Grupo Aeroportuario del Centro Norte S.A.B. de C.V. - ADR (Mexico) | 14359 | 1048925 |
| &nbsp;&nbsp;&nbsp;Grupo Aeroportuario del Centro Norte S.A.B. de C.V. (Mexico) | 6600 | 60299 |
| &nbsp;&nbsp;&nbsp;Grupo Aeroportuario del Pacifico S.A.B.de C.V. - ADR (Mexico) | 6070 | 1047500 |
| &nbsp;&nbsp;&nbsp;Grupo Aeroportuario del Sureste S.A.B.de C.V. - ADR (Mexico) | 4292 | 1167424 |
|  |  | 3477901 |
| **Total Industrials** |  | 34859740 |
| **Information Technology - 17.6%** |  |  |
| &nbsp;&nbsp;&nbsp;**Communications Equipment - 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp;Cisco Systems, Inc. | 3804 | 185141 |
| &nbsp;&nbsp;&nbsp;Motorola Solutions, Inc. | 276 | 70935 |
|  |  | 256076 |
| &nbsp;&nbsp;&nbsp;**Electronic Equipment, Instruments & Components - 1.3%** |  |  |
| &nbsp;&nbsp;&nbsp;CDW Corp. | 16716 | 3276837 |
| &nbsp;&nbsp;&nbsp;Cognex Corp. | 40686 | 2227152 |
| &nbsp;&nbsp;&nbsp;Keyence Corp. (Japan) | 700 | 322258 |
| &nbsp;&nbsp;&nbsp;Softwareone Holding AG (Germany) | 16665 | 269080 |
| &nbsp;&nbsp;&nbsp;TE Connectivity Ltd. | 362 | 46028 |
|  |  | 6141355 |
| &nbsp;&nbsp;&nbsp;**IT Services - 7.2%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Adyen N.V. - ADR (Netherlands)<sup>\*</sup> | 288868 | 4344575 |
| &nbsp;&nbsp;&nbsp;&nbsp;Adyen N.V. (Netherlands)<sup>\*2</sup> | 223 | 337155 |
| &nbsp;&nbsp;&nbsp;Automatic Data Processing, Inc. | 481 | 108615 |
| &nbsp;&nbsp;&nbsp;Broadridge Financial Solutions, Inc. | 239 | 35936 |

---

**3**

**Investment Portfolio - January 31, 2023**

(unaudited)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;PRO-BLEND<sup>®</sup> MAXIMUM TERM SERIES | SHARES/<br> PRINCIPAL<br> AMOUNT<sup>1</sup> | VALUE |
| **COMMON STOCKS** (continued) |  |  |
| **Information Technology** (continued) |  |  |
| &nbsp;&nbsp;&nbsp;**IT Services** (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Keywords Studios plc (Ireland) | 2374 | $83383 |
| &nbsp;&nbsp;&nbsp;Mastercard, Inc. - Class A | 25579 | 9479577 |
| &nbsp;&nbsp;&nbsp;&nbsp;PayPal Holdings, Inc.<sup>\*</sup> | 52995 | 4318562 |
| &nbsp;&nbsp;&nbsp;&nbsp;Snowflake, Inc. - Class A<sup>\*</sup> | 41372 | 6472236 |
| &nbsp;&nbsp;&nbsp;&nbsp;StoneCo Ltd. - Class A (Brazil)<sup>\*</sup> | 7663 | 85519 |
| &nbsp;&nbsp;&nbsp;Visa, Inc. - Class A | 33827 | 7787314 |
|  |  | 33052872 |
| &nbsp;&nbsp;&nbsp;**Semiconductors & Semiconductor Equipment - 2.3%** |  |  |
| &nbsp;&nbsp;&nbsp;Analog Devices, Inc. | 654 | 112141 |
| &nbsp;&nbsp;&nbsp;Applied Materials, Inc. | 26555 | 2960617 |
| &nbsp;&nbsp;&nbsp;Intel Corp. | 3725 | 105268 |
| &nbsp;&nbsp;&nbsp;Microchip Technology, Inc. | 658 | 51074 |
| &nbsp;&nbsp;&nbsp;Micron Technology, Inc. | 30512 | 1839874 |
| &nbsp;&nbsp;&nbsp;QUALCOMM, Inc. | 1137 | 151460 |
| &nbsp;&nbsp;&nbsp;Skyworks Solutions, Inc. | 225 | 24676 |
| &nbsp;&nbsp;&nbsp;Taiwan Semiconductor Manufacturing Co. Ltd. - ADR (Taiwan) | 52917 | 4906993 |
| &nbsp;&nbsp;&nbsp;Texas Instruments, Inc. | 654 | 115895 |
| &nbsp;&nbsp;&nbsp;Tokyo Electron Ltd. (Japan) | 400 | 139810 |
|  |  | 10407808 |
| &nbsp;&nbsp;&nbsp;**Software - 6.7%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Atlassian Corp. - Class A <sup>\*</sup> | 1740 | 281219 |
| &nbsp;&nbsp;&nbsp;&nbsp;DoubleVerify Holdings, Inc.<sup>\*</sup> | 123583 | 3360222 |
| &nbsp;&nbsp;&nbsp;Intuit, Inc. | 8947 | 3781628 |
| &nbsp;&nbsp;&nbsp;Microsoft Corp. | 23829 | 5905064 |
| &nbsp;&nbsp;&nbsp;&nbsp;Salesforce, Inc.<sup>\*</sup> | 49638 | 8337695 |
| &nbsp;&nbsp;&nbsp;&nbsp;ServiceNow, Inc.<sup>\*</sup> | 19589 | 8915542 |
|  |  | 30581370 |
| &nbsp;&nbsp;&nbsp;**Technology Hardware, Storage & Peripherals - 0.0%##** |  |  |
| &nbsp;&nbsp;&nbsp;NetApp, Inc. | 468 | 30996 |
| **Total Information Technology** |  | 80470477 |
| **Materials - 3.3%** |  |  |
| &nbsp;&nbsp;&nbsp;**Chemicals - 2.5%** |  |  |
| &nbsp;&nbsp;&nbsp;Air Liquide S.A. - ADR (France) | 96940 | 3081722 |
| &nbsp;&nbsp;&nbsp;Air Liquide S.A. (France) | 3112 | 495512 |
| &nbsp;&nbsp;&nbsp;Dow, Inc. | 732 | 43444 |
| &nbsp;&nbsp;&nbsp;Eastman Chemical Co. | 272 | 23982 |
| &nbsp;&nbsp;&nbsp;FMC Corp. | 44299 | 5897526 |
| &nbsp;&nbsp;&nbsp;International Flavors & Fragrances, Inc. | 406 | 45659 |
| &nbsp;&nbsp;&nbsp;Linde plc (United Kingdom) | 6081 | 2012446 |
| &nbsp;&nbsp;&nbsp;LyondellBasell Industries N.V. - Class A | 401 | 38773 |
| &nbsp;&nbsp;&nbsp;PPG Industries, Inc. | 291 | 37929 |
|  |  | 11676993 |
| &nbsp;&nbsp;&nbsp;**Containers & Packaging - 0.0%##** |  |  |
| &nbsp;&nbsp;&nbsp;Packaging Corp. of America | 210 | 29967 |
| &nbsp;&nbsp;&nbsp;**Metals & Mining - 0.8%** |  |  |
| &nbsp;&nbsp;&nbsp;Barrick Gold Corp. (Canada) | 90103 | 1761514 |

---

---

| | | |
|:---|:---|:---|
|  | SHARES/<br> PRINCIPAL<br> AMOUNT<sup>1</sup> | VALUE |
| **COMMON STOCKS** (continued) |  |  |
| **Materials** (continued) |  |  |
| &nbsp;&nbsp;&nbsp;**Metals & Mining** (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Newmont Corp. | 31098 | $1646017 |
| &nbsp;&nbsp;&nbsp;Nucor Corp. | 375 | 63382 |
| &nbsp;&nbsp;&nbsp;Steel Dynamics, Inc. | 387 | 46688 |
|  |  | 3517601 |
| **Total Materials** |  | 15224561 |
| **Real Estate - 4.1%** |  |  |
| &nbsp;&nbsp;&nbsp;**Equity Real Estate Investment Trusts (REITS) - 4.1%** |  |  |
| &nbsp;&nbsp;&nbsp;Agree Realty Corp. | 2108 | 157320 |
| &nbsp;&nbsp;&nbsp;American Homes 4 Rent - Class A | 3733 | 128004 |
| &nbsp;&nbsp;&nbsp;American Tower Corp. | 658 | 146991 |
| &nbsp;&nbsp;&nbsp;Americold Realty Trust, Inc. | 2483 | 77991 |
| &nbsp;&nbsp;&nbsp;AvalonBay Communities, Inc. | 612 | 108593 |
| &nbsp;&nbsp;&nbsp;Brandywine Realty Trust | 7742 | 50787 |
| &nbsp;&nbsp;&nbsp;Camden Property Trust | 862 | 106207 |
| &nbsp;&nbsp;&nbsp;CareTrust REIT, Inc. | 5241 | 108593 |
| &nbsp;&nbsp;&nbsp;Community Healthcare Trust, Inc. | 4606 | 197505 |
| &nbsp;&nbsp;&nbsp;Cousins Properties, Inc. | 5936 | 162765 |
| &nbsp;&nbsp;&nbsp;Digital Realty Trust, Inc. | 1868 | 214110 |
| &nbsp;&nbsp;&nbsp;Equinix, Inc. | 8686 | 6411397 |
| &nbsp;&nbsp;&nbsp;Equity LifeStyle Properties, Inc. | 3506 | 251661 |
| &nbsp;&nbsp;&nbsp;Essex Property Trust, Inc. | 320 | 72342 |
| &nbsp;&nbsp;&nbsp;Flagship Communities REIT | 6841 | 109388 |
| &nbsp;&nbsp;&nbsp;Getty Realty Corp. | 5483 | 199746 |
| &nbsp;&nbsp;&nbsp;Healthcare Realty Trust, Inc. | 11759 | 253171 |
| &nbsp;&nbsp;&nbsp;Independence Realty Trust, Inc. | 5801 | 109233 |
| &nbsp;&nbsp;&nbsp;Invitation Homes, Inc. | 6596 | 214370 |
| &nbsp;&nbsp;&nbsp;Life Storage, Inc. | 1365 | 147475 |
| &nbsp;&nbsp;&nbsp;LXP Industrial Trust | 8734 | 100878 |
| &nbsp;&nbsp;&nbsp;Mid-America Apartment Communities, Inc. | 1217 | 202898 |
| &nbsp;&nbsp;&nbsp;Prologis, Inc. | 7593 | 981623 |
| &nbsp;&nbsp;&nbsp;Public Storage | 1137 | 346035 |
| &nbsp;&nbsp;&nbsp;Realty Income Corp. | 2212 | 150040 |
| &nbsp;&nbsp;&nbsp;Rexford Industrial Realty, Inc. | 4061 | 257752 |
| &nbsp;&nbsp;&nbsp;SBA Communications Corp. | 21776 | 6479013 |
| &nbsp;&nbsp;&nbsp;STAG Industrial, Inc. | 1655 | 58918 |
| &nbsp;&nbsp;&nbsp;Sun Communities, Inc. | 1964 | 308073 |
| &nbsp;&nbsp;&nbsp;Terreno Realty Corp. | 2597 | 167325 |
| &nbsp;&nbsp;&nbsp;UDR, Inc. | 3422 | 145743 |
| &nbsp;&nbsp;&nbsp;Ventas, Inc. | 2364 | 122479 |
| &nbsp;&nbsp;&nbsp;Welltower, Inc. | 2322 | 174243 |
| **Total Real Estate** |  | 18722669 |
| **Utilities - 0.7%** |  |  |
| &nbsp;&nbsp;&nbsp;**Electric Utilities - 0.7%** |  |  |
| &nbsp;&nbsp;&nbsp;Evergy, Inc. | 46610 | 2920117 |
| **TOTAL COMMON STOCKS** |  |  |
| &nbsp;&nbsp;&nbsp;(Identified Cost $329,151,187) |  | **363538474** |

---

**4**

**Investment Portfolio - January 31, 2023**

(unaudited)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;PRO-BLEND<sup>®</sup> MAXIMUM TERM SERIES | SHARES/<br> PRINCIPAL<br> AMOUNT<sup>1</sup> | VALUE |
| **PREFERRED STOCKS - 0.0%##** |  |  |
| **Information Technology - 0.0%##** |  |  |
| &nbsp;&nbsp;&nbsp;**Software - 0.0%##** |  |  |
| &nbsp;&nbsp;&nbsp;Argo Blockchain plc (United Kingdom), 8.75%, 11/30/2026 | 2921 | $13115 |
| &nbsp;&nbsp;&nbsp;Greenidge Generation Holdings, Inc., 8.50%, 10/31/2026 | 5500 | 21945 |
| &nbsp;&nbsp;&nbsp;Synchronoss Technologies, Inc., 8.375%, 6/30/2026 | 10468 | 188843 |
| **TOTAL PREFERRED STOCKS** |  |  |
| &nbsp;&nbsp;&nbsp;(Identified Cost $473,056) |  | **223903** |
| **CORPORATE BONDS - 2.6%** |  |  |
| **Non-Convertible Corporate Bonds- 2.6%** |  |  |
| **Communication Services - 0.3%** |  |  |
| &nbsp;&nbsp;&nbsp;**Entertainment - 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Warnermedia Holdings, Inc., 4.054%, 3/15/2029<sup>2</sup> | 650000 | 595234 |
| &nbsp;&nbsp;&nbsp;**Interactive Media & Services - 0.2%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Tencent Holdings Ltd. (China), 3.975%, 4/11/2029<sup>2</sup> | 990000 | 935130 |
| **Total Communication Services** |  | 1530364 |
| **Consumer Discretionary - 0.3%** |  |  |
| &nbsp;&nbsp;&nbsp;**Internet & Direct Marketing Retail - 0.3%** |  |  |
| &nbsp;&nbsp;&nbsp;Alibaba Group Holding Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(China), 2.125%, 2/9/2031 | 250000 | 205374 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(China), 4.00%, 12/6/2037 | 460000 | 399980 |
| &nbsp;&nbsp;&nbsp;Amazon.com, Inc., 3.30%, 4/13/2027 | 590000 | 569654 |
| **Total Consumer Discretionary** |  | 1175008 |
| **Consumer Staples - 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp;**Beverages - 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp;PepsiCo, Inc., 3.90%, 7/18/2032 | 480000 | 467662 |
| **Energy - 0.3%** |  |  |
| &nbsp;&nbsp;&nbsp;**Oil, Gas & Consumable Fuels - 0.3%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Brooge Petroleum and Gas Investment Co. FZE (United Arab Emirates), 8.50%, 9/24/2025<sup>2</sup> | 123352 | 116194 |
| &nbsp;&nbsp;&nbsp;Cenovus Energy, Inc. (Canada), 6.75%, 11/15/2039 | 251000 | 275349 |
| &nbsp;&nbsp;&nbsp;Energy Transfer LP, 6.50%, 2/1/2042 | 610000 | 642317 |
| &nbsp;&nbsp;&nbsp;&nbsp;PetroTal Corp. (Peru), 12.00%, 2/16/2024 (Acquired 06/15/2021-10/06/2021, cost $228,451)<sup>4</sup> | 216000 | 219028 |
| **Total Energy** |  | 1252888 |
| **Financials - 0.5%** |  |  |
| &nbsp;&nbsp;&nbsp;**Banks - 0.4%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of America Corp., (U.S. Secured Overnight Financing Rate + 1.320%), 2.687%, 4/22/2032<sup>5</sup> | 480000 | 404680 |

---

---

| | | |
|:---|:---|:---|
|  | SHARES/<br> PRINCIPAL<br> AMOUNT<sup>1</sup> | VALUE |
| **CORPORATE BONDS** (continued) |  |  |
| **Non-Convertible Corporate Bonds** (continued) |  |  |
| **Financials** (continued) |  |  |
| &nbsp;&nbsp;&nbsp;**Banks** (continued) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Citigroup, Inc., (U.S. Secured Overnight Financing Rate + 0.770%), 1.462%, 6/9/2027<sup>5</sup> | 450000 | $399892 |
| &nbsp;&nbsp;&nbsp;&nbsp;JPMorgan Chase & Co., (U.S. Secured Overnight Financing Rate + 3.790%), 4.493%, 3/24/2031<sup>5</sup> | 680000 | 661388 |
| &nbsp;&nbsp;&nbsp;Popular, Inc. (Puerto Rico), 6.125%, 9/14/2023 | 225000 | 224272 |
|  |  | 1690232 |
| &nbsp;&nbsp;&nbsp;**Consumer Finance - 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp;Navient Corp., 6.75%, 6/25/2025 | 235000 | 234514 |
| &nbsp;&nbsp;&nbsp;Synergy One Lending, Inc., 5.50%, 10/14/2026 | 285000 | 253579 |
|  |  | 488093 |
| &nbsp;&nbsp;&nbsp;**Diversified Financial Services - 0.0%##** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;FS Energy & Power Fund, 7.50%, 8/15/2023<sup>2</sup> | 230000 | 229967 |
| &nbsp;&nbsp;&nbsp;**Mortgage Real Estate Investment Trusts (REITS) - 0.0%##** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Arbor Realty Trust, Inc., 8.00%, 4/30/2023 (Acquired 05/10/2021, cost $85,181)<sup>4</sup> | 80000 | 79697 |
| **Total Financials** |  | 2487989 |
| **Industrials - 0.4%** |  |  |
| &nbsp;&nbsp;&nbsp;**Airlines - 0.2%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Alaska Airlines Pass-Through Trust, Series 2020-1, Class B, 8.00%, 8/15/2025<sup>2</sup> | 69908 | 71057 |
| &nbsp;&nbsp;&nbsp;Southwest Airlines Co., 5.125%, 6/15/2027 | 454000 | 458225 |
| &nbsp;&nbsp;&nbsp;United Airlines Pass-Through Trust, Series 2018-1, Class B, 4.60%, 3/1/2026 | 37966 | 35540 |
| &nbsp;&nbsp;&nbsp;United Airlines Pass-Through Trust, Series 2019-2, Class B, 3.50%, 5/1/2028 | 281068 | 249649 |
|  |  | 814471 |
| &nbsp;&nbsp;&nbsp;**Marine - 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp;American Tanker, Inc. (Norway), 7.75%, 7/2/2025 | 275000 | 264531 |
| &nbsp;&nbsp;&nbsp;&nbsp;Seaspan Corp. (Hong Kong), 6.50%, 2/5/2024<sup>2</sup> | 200000 | 199540 |
|  |  | 464071 |
| &nbsp;&nbsp;&nbsp;**Road & Rail - 0.0%##** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;BNSF Funding Trust I, (3 mo. LIBOR US + 2.350%), 6.613%, 12/15/2055<sup>5</sup> | 240000 | 232824 |
| &nbsp;&nbsp;&nbsp;**Trading Companies & Distributors - 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp;AerCap Ireland Capital DAC - AerCap Global Aviation Trust (Ireland), 3.00%, 10/29/2028 | 300000 | 263863 |

---

**5**

**Investment Portfolio - January 31, 2023**

(unaudited)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;PRO-BLEND<sup>®</sup> MAXIMUM TERM SERIES | SHARES/<br> PRINCIPAL<br> AMOUNT<sup>1</sup> | VALUE |
| **CORPORATE BONDS** (continued) |  |  |
| **Non-Convertible Corporate Bonds** (continued) |  |  |
| **Industrials** (continued) |  |  |
| &nbsp;&nbsp;&nbsp;**Trading Companies & Distributors** (continued) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Ashtead Capital, Inc. (United Kingdom), 4.00%, 5/1/2028<sup>2</sup> | 230000 | $216115 |
|  |  | 479978 |
| **Total Industrials** |  | 1991344 |
| **Information Technology - 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp;**Semiconductors & Semiconductor Equipment - 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp;QUALCOMM, Inc., 4.25%, 5/20/2032 | 445000 | 440839 |
| **Materials - 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp;**Metals & Mining - 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Newcastle Coal Infrastructure Group Pty Ltd. (Australia), 4.40%, 9/29/2027<sup>2</sup> | 290000 | 255915 |
| &nbsp;&nbsp;&nbsp;&nbsp;Northwest Acquisitions ULC - Dominion Finco, Inc., 7.125%, 11/1/2022 (Acquired 10/10/2017-09/18/2020, cost $44,437)<sup>4,6</sup> | 220000 | 22 |
| **Total Materials** |  | 255937 |
| **Real Estate - 0.4%** |  |  |
| &nbsp;&nbsp;&nbsp;**Equity Real Estate Investment Trusts (REITS) - 0.4%** |  |  |
| &nbsp;&nbsp;&nbsp;IIP Operating Partnership LP, 5.50%, 5/25/2026 | 230000 | 199847 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pelorus Fund REIT LLC, 7.00%, 9/30/2026 (Acquired 07/08/2022, cost $208,250)<sup>4</sup> | 245000 | 232389 |
| &nbsp;&nbsp;&nbsp;&nbsp;SBA Tower Trust, 6.599%, 1/15/2028<sup>2</sup> | 405000 | 421250 |
| &nbsp;&nbsp;&nbsp;Simon Property Group LP, 2.65%, 2/1/2032 | 880000 | 740254 |
| **Total Real Estate** |  | 1593740 |
| **Utilities - 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp;**Independent Power and Renewable Electricity Producers - 0.1%** |  |  |
| &nbsp;&nbsp;&nbsp;Vistra Operations Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 5/13/2024<sup>2</sup> | 440000 | 434420 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.55%, 7/15/2024<sup>2</sup> | 120000 | 115879 |
| **Total Utilities** |  | 550299 |
| **TOTAL CORPORATE BONDS** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Identified Cost $12,697,561) |  | **11746070** |
| **U.S. TREASURY SECURITIES - 11.8%** |  |  |
| **U.S. Treasury Notes - 11.8%** |  |  |
| &nbsp;&nbsp;&nbsp;U.S. Treasury Note |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.125%, 11/15/2028 | 11475000 | 11162127 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.75%, 11/15/2029 | 22600000 | 20216406 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.875%, 11/15/2030 | 21765000 | 17939121 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.375%, 11/15/2031 | 5400000 | 4540219 |
| &nbsp;&nbsp;&nbsp;**TOTAL U.S. TREASURY SECURITIES** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Identified Cost $53,601,303) |  | **53857873** |

---

---

| | | |
|:---|:---|:---|
|  | SHARES/<br> PRINCIPAL<br> AMOUNT<sup>1</sup> | VALUE |
| **ASSET-BACKED SECURITIES - 0.0%##** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Commonbond Student Loan Trust, Series 2019-AGS, Class A1, 2.54%, 1/25/2047<sup>2</sup> | 5366 | $4968 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nelnet Student Loan Trust, Series 2012-3A, Class A, (1 mo. LIBOR US + 0.700%), 5.206%, 2/25/2045<sup>2,7</sup> | 10120 | 9852 |
| &nbsp;&nbsp;&nbsp;&nbsp;Oxford Finance Funding LLC Series 2019-1A, Class A2, 4.459%, 2/15/2027<sup>2</sup> | 8392 | 8332 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-1A, Class A2, 3.101%, 2/15/2028<sup>2</sup> | 6461 | 6396 |
| &nbsp;&nbsp;&nbsp;&nbsp;SoFi Professional Loan Program Trust Series 2018-B, Class A2FX, 3.34%, 8/25/2047<sup>2</sup> | 4299 | 4174 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020-A, Class A2FX, 2.54%, 5/15/2046<sup>2</sup> | 9455 | 8810 |
| &nbsp;&nbsp;&nbsp;Towd Point Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2016-5, Class A1, 2.50%, 10/25/2056<sup>2,8</sup> | 1662 | 1635 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2017-1, Class A1, 2.75%, 10/25/2056<sup>2,8</sup> | 1552 | 1529 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2019-HY1, Class A1, (1 mo. LIBOR US + 1.000%), 5.506%, 10/25/2048<sup>2,7</sup> | 3932 | 3916 |
| &nbsp;&nbsp;&nbsp;Tricon American Homes Trust, Series |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2017-SFR2, Class A, 2.928%, 1/17/2036<sup>2</sup> | 11517 | 11222 |
| **TOTAL ASSET-BACKED SECURITIES** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Identified Cost $63,811) |  | **60834** |
| **COMMERCIAL MORTGAGE-BACKED SECURITIES - 0.0%##** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;CIM Trust, Series 2019-INV1, Class A1, 4.00%, 2/25/2049<sup>2,8</sup> | 432 | 422 |
| &nbsp;&nbsp;&nbsp;&nbsp;Credit Suisse Mortgage Capital Trust Series 2013-IVR3, Class A1, 2.50%, 5/25/2043<sup>2,8</sup> | 2060 | 1839 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2014-IVR3, Class A1, 3.50%, 7/25/2044<sup>2,8</sup> | 3056 | 2790 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fontainebleau Miami Beach Trust, Series 2019-FBLU, Class A, 3.144%, 12/10/2036<sup>2</sup> | 18000 | 16982 |
| &nbsp;&nbsp;&nbsp;Government National Mortgage Association, Series 2017-54, Class AH, 2.60%, 12/16/2056 | 3313 | 3107 |
| &nbsp;&nbsp;&nbsp;&nbsp;JP Morgan Mortgage Trust Series 2014-2, Class 1A1, 3.00%, 6/25/2029<sup>2,8</sup> | 2144 | 2033 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2017-2, Class A3, 3.50%, 5/25/2047<sup>2,8</sup> | 5721 | 5160 |
| &nbsp;&nbsp;&nbsp;&nbsp;New Residential Mortgage Loan Trust Series 2014-3A, Class AFX3, 3.75%, 11/25/2054<sup>2,8</sup> | 2364 | 2201 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2015-2A, Class A1, 3.75%, 8/25/2055<sup>2,8</sup> | 3269 | 3067 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2016-4A, Class A1, 3.75%, 11/25/2056<sup>2,8</sup> | 3614 | 3345 |
| &nbsp;&nbsp;&nbsp;&nbsp;PMT Loan Trust, Series 2013-J1, Class A9, 3.50%, 9/25/2043<sup>2,8</sup> | 3378 | $3127 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sequoia Mortgage Trust Series 2013-2, Class A, 1.874%, 2/25/2043<sup>8</sup> | 1261 | 1094 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2013-6, Class A2, 3.00%, 5/25/2043<sup>8</sup> | 3690 | 3328 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2013-8, Class A1, 3.00%, 6/25/2043<sup>8</sup> | 1528 | 1383 |
| &nbsp;&nbsp;&nbsp;&nbsp;Starwood Retail Property Trust, Series 2014-STAR, Class A, (1 mo. LIBOR US + 1.470%), 5.93%, 11/15/2027<sup>2,7</sup> | 15954 | 11050 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sutherland Commercial Mortgage Trust, Series 2019-SBC8, Class A, 2.86%, 4/25/2041<sup>2,8</sup> | 8739 | 8065 |
| **TOTAL COMMERCIAL MORTGAGE-BACKED SECURITIES** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Identified Cost $78,064) |  | **68993** |

---

**6**

**Investment Portfolio - January 31, 2023**

(unaudited)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;PRO-BLEND<sup>®</sup> MAXIMUM TERM SERIES | SHARES/<br> PRINCIPAL<br> AMOUNT<sup>1</sup> | VALUE |
| **U.S. GOVERNMENT AGENCIES - 0.0%##** |  |  |
| **Mortgage-Backed Securities - 0.0%##** |  |  |
| &nbsp;&nbsp;&nbsp;Fannie Mae |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #MA1834, UMBS, 4.50%, 2/1/2034 | 3738 | 3758 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #AD0207, UMBS, 6.00%, 10/1/2038 | 3610 | 3839 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #MA0258, UMBS, 4.50%, 12/1/2039 | 2412 | 2448 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #AL8674, 5.651%, 1/1/2049 | 9386 | 9844 |
| &nbsp;&nbsp;&nbsp;Freddie Mac |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #C91762, 4.50%, 5/1/2034 | 2414 | 2429 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #C91771, 4.50%, 6/1/2034 | 2282 | 2296 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pool #C91780, 4.50%, 7/1/2034 | 3162 | 3187 |
| **TOTAL U.S. GOVERNMENT AGENCIES** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Identified Cost $30,209) |  | **27801** |
| **SHORT-TERM INVESTMENT - 4.5%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Dreyfus Government Cash Management, Institutional Shares, 4.23%<sup>9</sup> |  |  |
| &nbsp;&nbsp;&nbsp;(Identified Cost $20,383,899) | 20383899 | **20383899** |
| **TOTAL INVESTMENTS - 98.6%** |  |  |
| &nbsp;&nbsp;&nbsp;(Identified Cost $416,479,090) |  | **449907847** |
| **OTHER ASSETS, LESS LIABILITIES -1.4%** |  | **6375087** |
| &nbsp;&nbsp;&nbsp;**NET ASSETS - 100%** |  | $**456282934** |

---

ADR - American Depositary Receipt

LIBOR - London Interbank Offered Rate

UMBS - Uniform Mortgage-Backed Securities

**7**

**Investment Portfolio - January 31, 2023**

(unaudited)

\*Non-income producing security.

## Less than 0.1%.

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

<sup>2</sup>Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the "1933 Act") and determined to be liquid under the Fund's Liquidity Risk Management Program. The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at January 31, 2023 was $4,829,372, which represented 1.1% of the Series' Net Assets.

<sup>3</sup>Security has been valued using significant unobservable inputs.

<sup>4</sup>Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the "1933 Act") and determined to be illiquid under the Fund's Liquidity Risk Management Program. The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of such securities at January 31, 2023 was $531,136, or 0.1% of the Series' Net Assets.

<sup>5</sup>Variable rate security. Security may be issued at a fixed coupon rate, which converts to a variable rate at a specified date. Rate shown is the rate in effect as of January 31, 2023.

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

<sup>7</sup>Floating rate security. Rate shown is the rate in effect as of January 31, 2023.

<sup>8</sup>Variable or floating rate security, the interest rate of which adjusts periodically based on changes in current interest rates and prepayments on the underlying pool of assets. Rate shown is the rate in effect as of January 31, 2023.

<sup>9</sup>Rate shown is the current yield as of January 31, 2023.

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

**Fair Value Information:**

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

The following is a summary of the valuation levels used for major security types as of January 31, 2023 in valuing the Series' assets or liabilities carried at fair value:

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;DESCRIPTION | TOTAL | LEVEL 1 | LEVEL 2<sup>#</sup> | LEVEL 3 |
| &nbsp;&nbsp;Assets: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Equity securities: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Communication Services | $30104339 | $28845441 | $1258898 | $— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consumer Discretionary | 44743485 | 43874452 | 869033 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consumer Staples | 38691234 | 36951112 | 1740122 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Energy | 813001 | 660600 |  | 152401 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financials | 43911851 | 41936582 | 1975269 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Health Care | 53077000 | 52370813 | 706187 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Industrials | 34859740 | 32980463 | 1879277 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Information Technology | 80470477 | 79318791 | 1151686 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Materials | 15224561 | 14729049 | 495512 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Real Estate | 18722669 | 18722669 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Utilities | 2920117 | 2920117 |  |  |
| &nbsp;&nbsp;&nbsp;Preferred securities: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Information Technology | 223903 | 223903 |  |  |
| &nbsp;&nbsp;&nbsp;Debt securities: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury and other U.S. Government agencies | 53885674 |  | 53885674 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Corporate debt: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Communication Services | 1530364 |  | 1530364 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consumer Discretionary | 1175008 |  | 1175008 |  |

---

**8**

**Investment Portfolio - January 31, 2023**

(unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;DESCRIPTION | TOTAL | LEVEL 1 | LEVEL 2<sup>#</sup> | LEVEL 3 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consumer Staples | $467662 | $— | $467662 | $— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Energy | 1252888 |  | 1252888 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financials | 2487989 |  | 2487989 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Industrials | 1991344 |  | 1991344 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Information Technology | 440839 |  | 440839 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Materials | 255937 |  | 255937 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Real Estate | 1593740 |  | 1593740 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Utilities | 550299 |  | 550299 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asset-backed securities | 60834 |  | 60834 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Commercial mortgage-backed securities | 68993 |  | 68993 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Short-Term Investment | 20383899 | 20383899 |  |  |
| &nbsp;&nbsp;&nbsp;Total assets | $449907847 | $373917891 | $75837555 | $152401 |

---

 

<sup>#</sup>Includes certain foreign equity securities for which a factor from a third party vendor was applied to determine the securities' fair value following the close of local trading.

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

**9**

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

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

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

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

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

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

  - **City:** Fairport

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 14450

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

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

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

- **b. EDGAR series identifier (if any):** S000003640

- **c. LEI of Series:** 5493008VB3TZW423I059

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

- **a. Date of fiscal year-end:** 2023-10-31

- **b. Date as of which information is reported:** 2023-01-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $456326392.25

**Total Liabilities:** $656085.71

**Net Assets:** $455670306.54

**Cash Not Reported:** $135640.97

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000059955 | 5.97%                | -3.95%               | 6.96%                |
| Class ID C000010118 | 6.02%                | -4.00%               | 6.93%                |
| Class ID C000206458 | 6.09%                | -3.90%               | 7.02%                |
| Class ID C000010114 | 5.99%                | -4.04%               | 6.85%                |
| Class ID C000010116 | 6.01%                | -4.01%               | 6.90%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-879837.13              | $26154212.87                               |
| Month 2  | $-6577052.49             | $-11562634.25                              |
| Month 3  | $4018730.92              | $25557246.53                               |

### Schedule of Portfolio Investments

| Name                               | Title                                                     | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| StoneCo Ltd                        | StoneCo Ltd                                               | CUSIP: 000000000<br>LEI: 549300O1A9LEF0XZCR35 | Long             | EC               | CORP              | BR        |      7663 | NS      | $85519.08     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Inc                      | BlackRock Inc                                             | CUSIP: 09247X101<br>LEI: 549300LRIF3NWCU26A80 | Long             | EC               | CORP              | US        |      3815 | NS      | $2896386.15   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| New Residential Mortgage Loan      | New Residential Mortgage Loan Trust 2015-2                | CUSIP: 64829EAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      3269 | PA      | $3067.53      | 0.00%             | 2055-08-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                    | United States Treasury Note/Bond                          | CUSIP: 9128285M8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  11475000 | PA      | $11162127.01  | 2.45%             | 2028-11-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                       | Comcast Corp                                              | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |      3897 | NS      | $153346.95    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Snowflake Inc                      | Snowflake Inc                                             | CUSIP: 833445109<br>LEI: 254900CJNSY1K7T53Z16 | Long             | EC               | CORP              | US        |     41372 | NS      | $6472235.68   | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Linde PLC                          | Linde PLC                                                 | CUSIP: 000000000<br>LEI: 8945002PAZHZLBGKGF02 | Long             | EC               | CORP              | GB        |      6081 | NS      | $2012446.14   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Quest Diagnostics Inc              | Quest Diagnostics Inc                                     | CUSIP: 74834L100<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | EC               | CORP              | US        |       272 | NS      | $40386.56     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| LyondellBasell Industries NV       | LyondellBasell Industries NV                              | CUSIP: 000000000<br>LEI: BN6WCCZ8OVP3ITUUVN49 | Long             | EC               | CORP              | US        |       401 | NS      | $38772.69     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Sony Group Corp                    | Sony Group Corp                                           | CUSIP: 835699307<br>LEI: 529900R5WX9N2OI2N910 | Long             | EC               | CORP              | JP        |     46271 | NS      | $4139403.66   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Aeroportuario del Centro     | Grupo Aeroportuario del Centro Norte SAB de CV            | CUSIP: 400501102<br>LEI: 529900HUSBARAFSXJ605 | Long             | EC               | CORP              | MX        |     14359 | NS      | $1048924.95   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| East West Bancorp Inc              | East West Bancorp Inc                                     | CUSIP: 27579R104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     42169 | NS      | $3311109.88   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Towd Point Mortgage Trust          | Towd Point Mortgage Trust 2016-5                          | CUSIP: 89173CAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      1662 | PA      | $1635.03      | 0.00%             | 2056-10-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| QUALCOMM Inc                       | QUALCOMM Inc                                              | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |      1137 | NS      | $151459.77    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Electronic Arts Inc                | Electronic Arts Inc                                       | CUSIP: 285512109<br>LEI: 549300O7A67PUEYKDL45 | Long             | EC               | CORP              | US        |     38980 | NS      | $5015946.40   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co                | JPMorgan Chase & Co                                       | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     23316 | NS      | $3263307.36   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Republic Services Inc              | Republic Services Inc                                     | CUSIP: 760759100<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | EC               | CORP              | US        |       505 | NS      | $63034.10     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED AIR 2018-1 B PTT            | United Airlines 2018-1 Class B Pass Through Trust         | CUSIP: 90932NAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     37966 | PA      | $35540.32     | 0.01%             | 2026-03-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Life Storage Inc                   | Life Storage Inc                                          | CUSIP: 53223X107<br>LEI: W9EE01AFDDF9DQCQZC68 | Long             | EC               | CORP              | US        |      1365 | NS      | $147474.60    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| United Parcel Service Inc          | United Parcel Service Inc                                 | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |       667 | NS      | $123548.41    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| BioMarin Pharmaceutical Inc        | BioMarin Pharmaceutical Inc                               | CUSIP: 09061G101<br>LEI: NSLL8ITTRR0J5HEMR848 | Long             | EC               | CORP              | US        |     25981 | NS      | $2996908.35   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Americold Realty Trust Inc         | Americold Realty Trust Inc                                | CUSIP: 03064D108<br>LEI: 549300R7N1V5YV8MWH02 | Long             | EC               | CORP              | US        |      2483 | NS      | $77991.03     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Activision Blizzard Inc            | Activision Blizzard Inc                                   | CUSIP: 00507V109<br>LEI: 549300TPQQDBP9GNOF40 | Long             | EC               | CORP              | US        |     30385 | NS      | $2326579.45   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Terreno Realty Corp                | Terreno Realty Corp                                       | CUSIP: 88146M101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2597 | NS      | $167324.71    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| CH Robinson Worldwide Inc          | CH Robinson Worldwide Inc                                 | CUSIP: 12541W209<br>LEI: 529900WNWN5L0OVDHA79 | Long             | EC               | CORP              | US        |       323 | NS      | $32354.91     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| JONAH ENERGY PARENT LLC            | JONAH ENERGY PARENT LLC                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2449 | NS      | $152401.27    | 0.03%             |  |  |  | No            |                  3 | On Loan: No      |
| SIMON PROPERTY GROUP LP            | Simon Property Group LP                                   | CUSIP: 828807DT1<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              | CORP              | US        |    880000 | PA      | $740253.74    | 0.16%             | 2032-02-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| adidas AG                          | adidas AG                                                 | CUSIP: 00687A107<br>LEI: 549300JSX0Z4CW0V5023 | Long             | EC               | CORP              | DE        |     54336 | NS      | $4349596.80   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Micron Technology Inc              | Micron Technology Inc                                     | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |     30512 | NS      | $1839873.60   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Liquide SA                     | Air Liquide SA                                            | CUSIP: 009126202<br>LEI: 969500MMPQVHK671GT54 | Long             | EC               | CORP              | FR        |     96940 | NS      | $3081722.60   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Camden Property Trust              | Camden Property Trust                                     | CUSIP: 133131102<br>LEI: 5493002MYX22OHYJBD89 | Long             | EC               | CORP              | US        |       862 | NS      | $106207.02    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Alcon Inc                          | Alcon Inc                                                 | CUSIP: 000000000<br>LEI: 549300LDT5AP8S0NBM78 | Long             | EC               | CORP              | CH        |     37539 | NS      | $2823308.19   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                 | Meta Platforms Inc                                        | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     46540 | NS      | $6933063.80   | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific Inc       | Thermo Fisher Scientific Inc                              | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |      7605 | NS      | $4337359.65   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| American Tower Corp                | American Tower Corp                                       | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |       658 | NS      | $146990.62    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Corp                       | Newmont Corp                                              | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |     31098 | NS      | $1646017.14   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| SYNCHRONOSS TECH                   | Synchronoss Technologies Inc                              | CUSIP: 87157B301<br>LEI: 5493007Z5J8Z2TA76376 | Long             | EP               | CORP              | US        |     10468 | NS      | $188842.72    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| SBA Communications Corp            | SBA Communications Corp                                   | CUSIP: 78410G104<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | EC               | CORP              | US        |     21776 | NS      | $6479013.28   | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Freddie Mac                        | Freddie Mac Gold Pool                                     | CUSIP: 3128P75X7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      2414 | PA      | $2428.83      | 0.00%             | 2034-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Paramount Global                   | Paramount Global                                          | CUSIP: 92556H206<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | EC               | CORP              | US        |       780 | NS      | $18064.80     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| SYNERGY ONE LENDING INC            | Synergy One Lending Inc/DE                                | CUSIP: 87168KAA8<br>LEI: 2549004FXPNKCLIN8250 | Long             | DBT              | CORP              | US        |    285000 | PA      | $253579.07    | 0.06%             | 2026-10-14      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fifth Third Bancorp                | Fifth Third Bancorp                                       | CUSIP: 316773100<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | EC               | CORP              | US        |      1240 | NS      | $44999.60     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| New Residential Mortgage Loan      | New Residential Mortgage Loan Trust 2016-4                | CUSIP: 64829LAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      3614 | PA      | $3344.68      | 0.00%             | 2056-11-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| NEWCASTLE COAL INFRASTRU           | Newcastle Coal Infrastructure Group Pty Ltd               | CUSIP: 65106WAA3<br>LEI: 549300YAJ8XYYGW2TZ32 | Long             | DBT              | CORP              | AU        |    290000 | PA      | $255914.65    | 0.06%             | 2027-09-29      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Cooper Cos Inc/The                 | Cooper Cos Inc/The                                        | CUSIP: 216648402<br>LEI: QJKMVPIGLH7530PCUE20 | Long             | EC               | CORP              | US        |      5572 | NS      | $1944237.96   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| VISTRA OPERATIONS CO LLC           | Vistra Operations Co LLC                                  | CUSIP: 92840VAK8<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    440000 | PA      | $434419.89    | 0.10%             | 2024-05-13      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Cincinnati Financial Corp          | Cincinnati Financial Corp                                 | CUSIP: 172062101<br>LEI: 254900Q4WEDMZBOZ0002 | Long             | EC               | CORP              | US        |       304 | NS      | $34397.60     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Best Buy Co Inc                    | Best Buy Co Inc                                           | CUSIP: 086516101<br>LEI: HL5XPTVRV0O8TUN5LL90 | Long             | EC               | CORP              | US        |       426 | NS      | $37794.72     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Zoetis Inc                         | Zoetis Inc                                                | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |      8201 | NS      | $1357183.49   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Healthcare Realty Trust Inc        | Healthcare Realty Trust Inc                               | CUSIP: 42226K105<br>LEI: 549300L0I14L7I0VLX84 | Long             | EC               | CORP              | US        |     11759 | NS      | $253171.27    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Walgreens Boots Alliance Inc       | Walgreens Boots Alliance Inc                              | CUSIP: 931427108<br>LEI: 549300RPTUOIXG4LIH86 | Long             | EC               | CORP              | US        |      1052 | NS      | $38776.72     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Sun Communities Inc                | Sun Communities Inc                                       | CUSIP: 866674104<br>LEI: 549300H5GEOJYN41ZG57 | Long             | EC               | CORP              | US        |      1964 | NS      | $308073.04    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Aeroportuario del Pacifi     | Grupo Aeroportuario del Pacifico SAB de CV                | CUSIP: 400506101<br>LEI: 4469000001BZ368XFI90 | Long             | EC               | CORP              | MX        |      6070 | NS      | $1047499.90   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| US TREASURY N/B                    | United States Treasury Note/Bond                          | CUSIP: 91282CDJ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5400000 | PA      | $4540218.75   | 1.00%             | 2031-11-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| Packaging Corp of America          | Packaging Corp of America                                 | CUSIP: 695156109<br>LEI: 549300XZP8MFZFY8TJ84 | Long             | EC               | CORP              | US        |       210 | NS      | $29967.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Fontainebleau Miami Beach Trus     | Fontainebleau Miami Beach Trust 2019-FBLU                 | CUSIP: 34461LAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     18000 | PA      | $16981.84     | 0.00%             | 2036-12-10      | Fixed         | 3.14%                 | No            |                  2 | On Loan: No      |
| Ross Stores Inc                    | Ross Stores Inc                                           | CUSIP: 778296103<br>LEI: 549300ENZFLPGRDFZQ60 | Long             | EC               | CORP              | US        |       417 | NS      | $49285.23     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| UDR Inc                            | UDR Inc                                                   | CUSIP: 902653104<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | EC               | CORP              | US        |      3422 | NS      | $145742.98    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Social Professional Loan Progr     | SoFi Professional Loan Program 2020-ATrust                | CUSIP: 83406TAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      9455 | PA      | $8809.94      | 0.00%             | 2046-05-15      | Fixed         | 2.54%                 | No            |                  2 | On Loan: No      |
| TE Connectivity Ltd                | TE Connectivity Ltd                                       | CUSIP: 000000000<br>LEI: 894500ZRIX9K13RHXR17 | Long             | EC               | CORP              | US        |       362 | NS      | $46028.30     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Campbell Soup Co                   | Campbell Soup Co                                          | CUSIP: 134429109<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | EC               | CORP              | US        |       686 | NS      | $35623.98     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| FS ENERGY & POWER FUND             | FS Energy and Power Fund                                  | CUSIP: 30264DAA7<br>LEI: 54930004XHN0QROEGZ58 | Long             | DBT              | CORP              | US        |    230000 | PA      | $229966.78    | 0.05%             | 2023-08-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Ubisoft Entertainment SA           | Ubisoft Entertainment SA                                  | CUSIP: 90348R102<br>LEI: 969500I7C8V1LBIMSM05 | Long             | EC               | CORP              | FR        |    274650 | NS      | $1123318.50   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Kimberly-Clark de Mexico SAB d     | Kimberly-Clark de Mexico SAB de CV                        | CUSIP: 000000000<br>LEI: 549300JGHL56QT00KT54 | Long             | EC               | CORP              | MX        |    223600 | NS      | $425695.55    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG Resources Inc                  | EOG Resources Inc                                         | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |       583 | NS      | $77101.75     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| NORTHWEST ACQ/DOMINION             | Northwest Acquisitions ULC / Dominion Finco Inc           | CUSIP: 66727WAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    220000 | PA      | $22.00        | 0.00%             | 2022-11-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Novartis AG                        | Novartis AG                                               | CUSIP: 66987V109<br>LEI: 5493007HIVTX6SY6XD66 | Long             | EC               | CORP              | CH        |     38452 | NS      | $3484520.24   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Automatic Data Processing Inc      | Automatic Data Processing Inc                             | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |       481 | NS      | $108614.61    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Tokyo Electron Ltd                 | Tokyo Electron Ltd                                        | CUSIP: 000000000<br>LEI: 549300H5LSF8DP3RIJ34 | Long             | EC               | CORP              | JP        |       400 | NS      | $139809.73    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Softwareone Holding AG             | Softwareone Holding AG                                    | CUSIP: 000000000<br>LEI: 529900GBI88JKWXLGI05 | Long             | EC               | CORP              | CH        |     16665 | NS      | $269079.64    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| AMERICAN TANKER INC                | American Tanker Inc                                       | CUSIP: 000000000<br>LEI: 549300NF6T0U83EHY418 | Long             | DBT              | CORP              | US        |    275000 | PA      | $264530.84    | 0.06%             | 2025-07-02      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Danone SA                          | Danone SA                                                 | CUSIP: 000000000<br>LEI: 969500KMUQ2B6CBAF162 | Long             | EC               | CORP              | FR        |      3207 | NS      | $175869.60    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| FMC Corp                           | FMC Corp                                                  | CUSIP: 302491303<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | EC               | CORP              | US        |     44299 | NS      | $5897525.87   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Emerson Electric Co                | Emerson Electric Co                                       | CUSIP: 291011104<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | EC               | CORP              | US        |       860 | NS      | $77589.20     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Airbus SE                          | Airbus SE                                                 | CUSIP: 000000000<br>LEI: MINO79WLOO247M1IL051 | Long             | EC               | CORP              | FR        |      1681 | NS      | $210740.04    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Conagra Brands Inc                 | Conagra Brands Inc                                        | CUSIP: 205887102<br>LEI: 54930035UDEIH090K650 | Long             | EC               | CORP              | US        |      1035 | NS      | $38491.65     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Materials Inc              | Applied Materials Inc                                     | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |     26555 | NS      | $2960616.95   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| COMMONBOND STUDENT LOAN TRUST      | Commonbond Student Loan Trust 2019-A-GS                   | CUSIP: 20268CAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      5366 | PA      | $4968.27      | 0.00%             | 2047-01-25      | Fixed         | 2.54%                 | No            |                  2 | On Loan: No      |
| SEASPAN CORP                       | Seaspan Corp                                              | CUSIP: 000000000<br>LEI: 5493007Z8Q1H45KT7W98 | Long             | DBT              | CORP              | MH        |    200000 | PA      | $199539.98    | 0.04%             | 2024-02-05      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Intermediate Capital Group PLC     | Intermediate Capital Group PLC                            | CUSIP: 000000000<br>LEI: 549300OGASR5WRKJ8R68 | Long             | EC               | CORP              | GB        |     19868 | NS      | $341877.17    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan      | New Residential Mortgage Loan Trust 2014-3                | CUSIP: 64829DAG1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      2364 | PA      | $2200.75      | 0.00%             | 2054-11-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust       | CSMC Trust 2013-IVR3                                      | CUSIP: 12646XAH5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      2060 | PA      | $1838.89      | 0.00%             | 2043-05-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust             | Sequoia Mortgage Trust 2013-8                             | CUSIP: 81745EAA7<br>LEI: 549300EU86QZR1NB5U93 | Long             | ABS-MBS          | CORP              | US        |      1528 | PA      | $1383.52      | 0.00%             | 2043-06-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Walmart Inc                        | Walmart Inc                                               | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |      2028 | NS      | $291768.36    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Beiersdorf AG                      | Beiersdorf AG                                             | CUSIP: 000000000<br>LEI: L47NHHI0Z9X22DV46U41 | Long             | EC               | CORP              | DE        |      3343 | NS      | $406434.14    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| STAG Industrial Inc                | STAG Industrial Inc                                       | CUSIP: 85254J102<br>LEI: 549300QWYX2W6FASVQ07 | Long             | EC               | CORP              | US        |      1655 | NS      | $58918.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIGROUP INC                      | Citigroup Inc                                             | CUSIP: 172967NA5<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    450000 | PA      | $399891.56    | 0.09%             | 2027-06-09      | Fixed         | 1.46%                 | No            |                  2 | On Loan: No      |
| Cellnex Telecom SA                 | Cellnex Telecom SA                                        | CUSIP: 000000000<br>LEI: 5493008T4YG3AQUI7P67 | Long             | EC               | CORP              | ES        |      6503 | NS      | $254839.62    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Medtronic PLC                      | Medtronic PLC                                             | CUSIP: 000000000<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |     86268 | NS      | $7219768.92   | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Mid-America Apartment Communit     | Mid-America Apartment Communities Inc                     | CUSIP: 59522J103<br>LEI: 549300FQZKFR5YNSHZ21 | Long             | EC               | CORP              | US        |      1217 | NS      | $202898.24    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Getinge AB                         | Getinge AB                                                | CUSIP: 000000000<br>LEI: 5493003PZ4F570G3W735 | Long             | EC               | CORP              | SE        |     18808 | NS      | $423698.78    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| SOUTHWEST AIRLINES CO              | Southwest Airlines Co                                     | CUSIP: 844741BK3<br>LEI: UDTZ87G0STFETI6HGH41 | Long             | DBT              | CORP              | US        |    454000 | PA      | $458224.92    | 0.10%             | 2027-06-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust          | Towd Point Mortgage Trust 2019-HY1                        | CUSIP: 89177EAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      3932 | PA      | $3915.78      | 0.00%             | 2048-10-25      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| Ubisoft Entertainment SA           | Ubisoft Entertainment SA                                  | CUSIP: 000000000<br>LEI: 969500I7C8V1LBIMSM05 | Long             | EC               | CORP              | FR        |      7947 | NS      | $164555.03    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Government National Mortgage A     | Government National Mortgage Association                  | CUSIP: 38379RRX3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      3313 | PA      | $3106.43      | 0.00%             | 2056-12-16      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| TENCENT HOLDINGS LTD               | Tencent Holdings Ltd                                      | CUSIP: 88032WAN6<br>LEI: 254900N4SLUMW4XUYY11 | Long             | DBT              | CORP              | KY        |    990000 | PA      | $935129.81    | 0.21%             | 2029-04-11      | Fixed         | 3.98%                 | No            |                  2 | On Loan: No      |
| Abbott Laboratories                | Abbott Laboratories                                       | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |      1188 | NS      | $131333.40    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| JP Morgan Mortgage Trust           | JP Morgan Mortgage Trust 2014-2                           | CUSIP: 46641YAA1<br>LEI: 549300BV8AJIRLDGMR51 | Long             | ABS-MBS          | CORP              | US        |      2144 | PA      | $2032.85      | 0.00%             | 2029-06-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                        | Freddie Mac Gold Pool                                     | CUSIP: 3128P76G3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      2282 | PA      | $2296.16      | 0.00%             | 2034-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Admiral Group PLC                  | Admiral Group PLC                                         | CUSIP: 000000000<br>LEI: 213800FGVM7Z9EJB2685 | Long             | EC               | CORP              | GB        |     17457 | NS      | $474574.48    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Constellation Brands Inc           | Constellation Brands Inc                                  | CUSIP: 21036P108<br>LEI: 5493005GKEG8QCVY7037 | Long             | EC               | CORP              | US        |     23763 | NS      | $5501609.76   | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Sutherland Commercial Mortgage     | Sutherland Commercial Mortgage Trust 2019-SBC8            | CUSIP: 86935CAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      8739 | PA      | $8064.83      | 0.00%             | 2041-04-25      | Variable      | 2.86%                 | No            |                  2 | On Loan: No      |
| Nestle SA                          | Nestle SA                                                 | CUSIP: 000000000<br>LEI: KY37LUS27QQX7BB93L28 | Long             | EC               | CORP              | CH        |      4838 | NS      | $590279.82    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Texas Instruments Inc              | Texas Instruments Inc                                     | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |       654 | NS      | $115895.34    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                           | CUSIP: 31417YJC2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2412 | PA      | $2447.80      | 0.00%             | 2039-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PayPal Holdings Inc                | PayPal Holdings Inc                                       | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               | CORP              | US        |     52995 | NS      | $4318562.55   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Colgate-Palmolive Co               | Colgate-Palmolive Co                                      | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |      1157 | NS      | $86231.21     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc/The                 | Home Depot Inc/The                                        | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |       827 | NS      | $268088.59    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| IIP OPERATING PARTNER              | IIP Operating Partnership LP                              | CUSIP: 44988FAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    230000 | PA      | $199847.23    | 0.04%             | 2026-05-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Coterra Energy Inc                 | Coterra Energy Inc                                        | CUSIP: 127097103<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | EC               | CORP              | US        |      1179 | NS      | $29510.37     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Copart Inc                         | Copart Inc                                                | CUSIP: 217204106<br>LEI: 549300KVYX3JWMYEHU61 | Long             | EC               | CORP              | US        |     28993 | NS      | $1931223.73   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis Inc                       | Prologis Inc                                              | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |      7593 | NS      | $981623.04    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Kerry Group PLC                    | Kerry Group PLC                                           | CUSIP: 000000000<br>LEI: 635400TLVVBNXLFHWC59 | Long             | EC               | CORP              | IE        |      2703 | NS      | $253271.30    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Travelers Cos Inc/The              | Travelers Cos Inc/The                                     | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Long             | EC               | CORP              | US        |       385 | NS      | $73581.20     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Avanza Bank Holding AB             | Avanza Bank Holding AB                                    | CUSIP: 000000000<br>LEI: 549300MBWR5H8SIJLE03 | Long             | EC               | CORP              | SE        |     11591 | NS      | $267446.21    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| SBA TOWER TRUST                    | SBA Tower Trust                                           | CUSIP: 78403DAZ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    405000 | PA      | $421250.02    | 0.09%             | 2028-01-15      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| CENOVUS ENERGY INC                 | Cenovus Energy Inc                                        | CUSIP: 15135UAF6<br>LEI: 549300F4XPHJ7NOSP309 | Long             | DBT              | CORP              | CA        |    251000 | PA      | $275348.76    | 0.06%             | 2039-11-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Cellnex Telecom SA                 | Cellnex Telecom SA                                        | CUSIP: 15117X105<br>LEI: 5493008T4YG3AQUI7P67 | Long             | EC               | CORP              | ES        |    234460 | NS      | $4567280.80   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian National Railway Co       | Canadian National Railway Co                              | CUSIP: 136375102<br>LEI: 3SU7BEP7TH9YEQOZCS77 | Long             | EC               | CORP              | CA        |     35134 | NS      | $4184108.06   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Brenntag SE                        | Brenntag SE                                               | CUSIP: 000000000<br>LEI: NNROIXVWJ7CPSR27SV97 | Long             | EC               | CORP              | DE        |      2255 | NS      | $168331.37    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| S&P Global Inc                     | S&P Global Inc                                            | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |     16265 | NS      | $6098399.10   | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Cummins Inc                        | Cummins Inc                                               | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |       269 | NS      | $67126.26     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc                     | Salesforce Inc                                            | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |     49638 | NS      | $8337694.86   | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Dechra Pharmaceuticals PLC         | Dechra Pharmaceuticals PLC                                | CUSIP: 000000000<br>LEI: 213800J4UVB5OWG8VX82 | Long             | EC               | CORP              | GB        |      7965 | NS      | $282488.07    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Marriott Vacations Worldwide C     | Marriott Vacations Worldwide Corp                         | CUSIP: 57164Y107<br>LEI: 549300WA6BT5H4F7IO94 | Long             | EC               | CORP              | US        |       411 | NS      | $65776.44     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA CORP               | Bank of America Corp                                      | CUSIP: 06051GJT7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    480000 | PA      | $404679.88    | 0.09%             | 2032-04-22      | Fixed         | 2.69%                 | No            |                  2 | On Loan: No      |
| VF Corp                            | VF Corp                                                   | CUSIP: 918204108<br>LEI: CWAJJ9DJ5Z7P057HV541 | Long             | EC               | CORP              | US        |       575 | NS      | $17790.50     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Dollar Tree Inc                    | Dollar Tree Inc                                           | CUSIP: 256746108<br>LEI: 549300PMSTQITB1WHR43 | Long             | EC               | CORP              | US        |     28050 | NS      | $4212549.00   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| BAE Systems PLC                    | BAE Systems PLC                                           | CUSIP: 05523R107<br>LEI: 8SVCSVKSGDWMW2QHOH83 | Long             | EC               | CORP              | GB        |     64740 | NS      | $2766340.20   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Brandywine Realty Trust            | Brandywine Realty Trust                                   | CUSIP: 105368203<br>LEI: 5UZ46ZCYUFYYAC0DS831 | Long             | EC               | CORP              | US        |      7742 | NS      | $50787.52     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Getty Realty Corp                  | Getty Realty Corp                                         | CUSIP: 374297109<br>LEI: 2549000P1W5SFJWCNP90 | Long             | EC               | CORP              | US        |      5483 | NS      | $199745.69    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Masco Corp                         | Masco Corp                                                | CUSIP: 574599106<br>LEI: 5GCSNMQXHEYA1JO8QN11 | Long             | EC               | CORP              | US        |     57793 | NS      | $3074587.60   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| CareTrust REIT Inc                 | CareTrust REIT Inc                                        | CUSIP: 14174T107<br>LEI: 5493001NVXE2B9GPLU96 | Long             | EC               | CORP              | US        |      5241 | NS      | $108593.52    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlassian Corp                     | Atlassian Corp                                            | CUSIP: 049468101<br>LEI: 549300V7ZY5P02D2MY38 | Long             | EC               | CORP              | AU        |      1740 | NS      | $281218.80    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co Inc                     | Merck & Co Inc                                            | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |      2310 | NS      | $248117.10    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| MercadoLibre Inc                   | MercadoLibre Inc                                          | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | UY        |      2344 | NS      | $2769881.36   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| US TREASURY N/B                    | United States Treasury Note/Bond                          | CUSIP: 912828YS3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  22600000 | PA      | $20216406.25  | 4.44%             | 2029-11-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Bristol-Myers Squibb Co            | Bristol-Myers Squibb Co                                   | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |      2160 | NS      | $156924.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| PELORUS FUND REIT LLC              | Pelorus Fund REIT LLC                                     | CUSIP: 70615PAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    245000 | PA      | $232388.71    | 0.05%             | 2026-09-30      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Mastercard Inc                     | Mastercard Inc                                            | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |     25579 | NS      | $9479577.40   | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Adyen NV                           | Adyen NV                                                  | CUSIP: 000000000<br>LEI: 724500973ODKK3IFQ447 | Long             | EC               | CORP              | NL        |       223 | NS      | $337155.30    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| DoubleVerify Holdings Inc          | DoubleVerify Holdings Inc                                 | CUSIP: 25862V105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    123583 | NS      | $3360221.77   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Freddie Mac                        | Freddie Mac Gold Pool                                     | CUSIP: 3128P76R9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      3162 | PA      | $3187.36      | 0.00%             | 2034-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Johnson Controls International     | Johnson Controls International plc                        | CUSIP: 000000000<br>LEI: 549300XQ6S1GYKGBL205 | Long             | EC               | CORP              | US        |      1038 | NS      | $72213.66     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Auto Trader Group PLC              | Auto Trader Group PLC                                     | CUSIP: 000000000<br>LEI: 213800QLK9BZILB1DI86 | Long             | EC               | CORP              | GB        |     65893 | NS      | $511229.87    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Northrop Grumman Corp              | Northrop Grumman Corp                                     | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |      5140 | NS      | $2302925.60   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Rotork PLC                         | Rotork PLC                                                | CUSIP: 000000000<br>LEI: 213800AH5RZIHGWRJ718 | Long             | EC               | CORP              | GB        |     40685 | NS      | $160267.75    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| NetApp Inc                         | NetApp Inc                                                | CUSIP: 64110D104<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | EC               | CORP              | US        |       468 | NS      | $30995.64     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Sequoia Mortgage Trust             | Sequoia Mortgage Trust 2013-6                             | CUSIP: 81745BAB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      3690 | PA      | $3328.09      | 0.00%             | 2043-05-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Waste Management Inc               | Waste Management Inc                                      | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Long             | EC               | CORP              | US        |       565 | NS      | $87422.45     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of NT Butterfield & Son L     | Bank of NT Butterfield & Son Ltd/The                      | CUSIP: 000000000<br>LEI: 549300V8RVM0EMTDPF28 | Long             | EC               | CORP              | BM        |      4530 | NS      | $144778.80    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Target Corp                        | Target Corp                                               | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | EC               | CORP              | US        |       389 | NS      | $66962.46     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Nikon Corp                         | Nikon Corp                                                | CUSIP: 654111103<br>LEI: 549300X7LIS9RFELXJ98 | Long             | EC               | CORP              | JP        |     16800 | NS      | $165873.27    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Allstate Corp/The                  | Allstate Corp/The                                         | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               | CORP              | US        |       470 | NS      | $60380.90     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Admiral Group PLC                  | Admiral Group PLC                                         | CUSIP: 007192107<br>LEI: 213800FGVM7Z9EJB2685 | Long             | EC               | CORP              | GB        |     71979 | NS      | $1951350.69   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corp PLC                     | Eaton Corp PLC                                            | CUSIP: 000000000<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | US        |       578 | NS      | $93757.38     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Oxford Finance Funding Trust       | Oxford Finance Funding 2020-1 LLC                         | CUSIP: 69144AAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      6461 | PA      | $6395.99      | 0.00%             | 2028-02-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Evergy Inc                         | Evergy Inc                                                | CUSIP: 30034W106<br>LEI: 549300PGTHDQY6PSUI61 | Long             | EC               | CORP              | US        |     46610 | NS      | $2920116.50   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| ASHTEAD CAPITAL INC                | Ashtead Capital Inc                                       | CUSIP: 045054AJ2<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | US        |    230000 | PA      | $216114.73    | 0.05%             | 2028-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| eBay Inc                           | eBay Inc                                                  | CUSIP: 278642103<br>LEI: OML71K8X303XQONU6T67 | Long             | EC               | CORP              | US        |       691 | NS      | $34204.50     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Stanley Black & Decker Inc         | Stanley Black & Decker Inc                                | CUSIP: 854502101<br>LEI: 549300DJ09SMTO561131 | Long             | EC               | CORP              | US        |       202 | NS      | $18040.62     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Trane Technologies PLC             | Trane Technologies PLC                                    | CUSIP: 000000000<br>LEI: 549300BURLR9SLYY2705 | Long             | EC               | CORP              | IE        |       283 | NS      | $50690.96     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinix Inc                        | Equinix Inc                                               | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |      8686 | NS      | $6411397.18   | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc             | UnitedHealth Group Inc                                    | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |      3597 | NS      | $1795586.43   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp                       | Chevron Corp                                              | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1164 | NS      | $202559.28    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Genuine Parts Co                   | Genuine Parts Co                                          | CUSIP: 372460105<br>LEI: 549300D46DQVEU651W04 | Long             | EC               | CORP              | US        |       301 | NS      | $50513.82     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Welltower Inc                      | Welltower Inc                                             | CUSIP: 95040Q104<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | EC               | CORP              | US        |      2322 | NS      | $174242.88    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Cleanaway Waste Management Ltd     | Cleanaway Waste Management Ltd                            | CUSIP: 000000000<br>LEI: 549300D5C72CV6CIBS66 | Long             | EC               | CORP              | AU        |    179039 | NS      | $346915.68    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Ventas Inc                         | Ventas Inc                                                | CUSIP: 92276F100<br>LEI: ORQTRC074CWLT3DKHT41 | Long             | EC               | CORP              | US        |      2364 | NS      | $122478.84    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Aeroportuario del Centro     | Grupo Aeroportuario del Centro Norte SAB de CV            | CUSIP: 000000000<br>LEI: 529900HUSBARAFSXJ605 | Long             | EC               | CORP              | MX        |      6600 | NS      | $60299.20     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| AvalonBay Communities Inc          | AvalonBay Communities Inc                                 | CUSIP: 053484101<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | EC               | CORP              | US        |       612 | NS      | $108593.28    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| L'Oreal SA                         | L'Oreal SA                                                | CUSIP: 000000000<br>LEI: 529900JI1GG6F7RKVI53 | Long             | EC               | CORP              | FR        |       206 | NS      | $85059.80     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust          | Towd Point Mortgage Trust 2017-1                          | CUSIP: 89173FAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      1552 | PA      | $1529.20      | 0.00%             | 2056-10-25      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| PETROTAL CORP                      | PetroTal Corp                                             | CUSIP: 000000000<br>LEI: 21380047ER33PRH4XH56 | Long             | DBT              | CORP              | CA        |    216000 | PA      | $219028.36    | 0.05%             | 2024-02-16      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| adidas AG                          | adidas AG                                                 | CUSIP: 000000000<br>LEI: 549300JSX0Z4CW0V5023 | Long             | EC               | CORP              | DE        |      2612 | NS      | $420574.41    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                | JPMorgan Chase & Co                                       | CUSIP: 46647PBJ4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    680000 | PA      | $661388.27    | 0.15%             | 2031-03-24      | Fixed         | 4.49%                 | No            |                  2 | On Loan: No      |
| HDFC Bank Ltd                      | HDFC Bank Ltd                                             | CUSIP: 40415F101<br>LEI: 335800ZQ6I4E2JXENC50 | Long             | EC               | CORP              | IN        |     57757 | NS      | $3890511.52   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                     | Microsoft Corp                                            | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     23829 | NS      | $5905064.49   | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Aeroportuario del Surest     | Grupo Aeroportuario del Sureste SAB de CV                 | CUSIP: 40051E202<br>LEI: 5299001W7JIDXCUOUC82 | Long             | EC               | CORP              | MX        |      4292 | NS      | $1167424.00   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| IFF                                | International Flavors & Fragrances Inc                    | CUSIP: 459506101<br>LEI: BZLRL03D3GPGMOGFO832 | Long             | EC               | CORP              | US        |       406 | NS      | $45658.76     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Chubb Ltd                          | Chubb Ltd                                                 | CUSIP: 000000000<br>LEI: E0JAN6VLUDI1HITHT809 | Long             | EC               | CORP              | CH        |       534 | NS      | $121479.66    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Tencent Holdings Ltd               | Tencent Holdings Ltd                                      | CUSIP: 000000000<br>LEI: 254900N4SLUMW4XUYY11 | Long             | EC               | CORP              | CN        |      5100 | NS      | $248517.49    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| LXP Industrial Trust               | LXP Industrial Trust                                      | CUSIP: 529043101<br>LEI: 549300S4MH2ICXDBFV43 | Long             | EC               | CORP              | US        |      8734 | NS      | $100877.70    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Realty Income Corp                 | Realty Income Corp                                        | CUSIP: 756109104<br>LEI: 549300CUWDAUZSH43859 | Long             | EC               | CORP              | US        |      2212 | NS      | $150039.96    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| AMAZON.COM INC                     | Amazon.com Inc                                            | CUSIP: 023135CF1<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    590000 | PA      | $569654.30    | 0.13%             | 2027-04-13      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Dow Inc                            | Dow Inc                                                   | CUSIP: 260557103<br>LEI: 5493003S21INSLK2IP73 | Long             | EC               | CORP              | US        |       732 | NS      | $43444.20     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                           | CUSIP: 31418MGR7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      3610 | PA      | $3839.24      | 0.00%             | 2038-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Intuitive Surgical Inc             | Intuitive Surgical Inc                                    | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |     10839 | NS      | $2663033.91   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Illinois Tool Works Inc            | Illinois Tool Works Inc                                   | CUSIP: 452308109<br>LEI: 76NA4I14SZCFAYMNSV04 | Long             | EC               | CORP              | US        |       445 | NS      | $105037.80    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                     | Amazon.com Inc                                            | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |    113780 | NS      | $11734131.40  | 2.58%             |  |  |  | No            |                  1 | On Loan: No      |
| American Homes 4 Rent              | American Homes 4 Rent                                     | CUSIP: 02665T306<br>LEI: 549300ZJUO7A58PNUW40 | Long             | EC               | CORP              | US        |      3733 | NS      | $128004.57    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Sony Group Corp                    | Sony Group Corp                                           | CUSIP: 000000000<br>LEI: 529900R5WX9N2OI2N910 | Long             | EC               | CORP              | JP        |      3000 | NS      | $268054.76    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| ALIBABA GROUP HOLDING              | Alibaba Group Holding Ltd                                 | CUSIP: 01609WAU6<br>LEI: 5493001NTNQJDH60PM02 | Long             | DBT              | CORP              | KY        |    460000 | PA      | $399980.06    | 0.09%             | 2037-12-06      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Keyence Corp                       | Keyence Corp                                              | CUSIP: 000000000<br>LEI: 529900M7PQBS7A89DZ11 | Long             | EC               | CORP              | JP        |       700 | NS      | $322258.26    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Garmin Ltd                         | Garmin Ltd                                                | CUSIP: 000000000<br>LEI: 2549001E0HIPIJQ0W046 | Long             | EC               | CORP              | CH        |       361 | NS      | $35695.68     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co/The                   | Coca-Cola Co/The                                          | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |    143663 | NS      | $8809415.16   | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| 3M Co                              | 3M Co                                                     | CUSIP: 88579Y101<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | EC               | CORP              | US        |       682 | NS      | $78484.56     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| BAE Systems PLC                    | BAE Systems PLC                                           | CUSIP: 000000000<br>LEI: 8SVCSVKSGDWMW2QHOH83 | Long             | EC               | CORP              | GB        |     36568 | NS      | $387110.77    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| NIKE Inc                           | NIKE Inc                                                  | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | EC               | CORP              | US        |     25473 | NS      | $3243477.09   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Intercontinental Exchange Inc      | Intercontinental Exchange Inc                             | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |     38705 | NS      | $4162722.75   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity LifeStyle Properties In     | Equity LifeStyle Properties Inc                           | CUSIP: 29472R108<br>LEI: 529900PEQG66LENB6798 | Long             | EC               | CORP              | US        |      3506 | NS      | $251660.68    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Adyen NV                           | Adyen NV                                                  | CUSIP: 00783V104<br>LEI: 724500973ODKK3IFQ447 | Long             | EC               | CORP              | NL        |    288868 | NS      | $4344574.72   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Cognex Corp                        | Cognex Corp                                               | CUSIP: 192422103<br>LEI: 549300JQTYZCLC43S226 | Long             | EC               | CORP              | US        |     40686 | NS      | $2227151.64   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Motorola Solutions Inc             | Motorola Solutions Inc                                    | CUSIP: 620076307<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | EC               | CORP              | US        |       276 | NS      | $70934.76     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Barrick Gold Corp                  | Barrick Gold Corp                                         | CUSIP: 067901108<br>LEI: 0O4KBQCJZX82UKGCBV73 | Long             | EC               | CORP              | CA        |     90103 | NS      | $1761513.65   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| BROOGE PETROLEUM AND GAS           | Brooge Petroleum and Gas Investment Co FZE                | CUSIP: 000000000<br>LEI: 213800T6YBVV45KTOC07 | Long             | DBT              | CORP              | AE        |    123352 | PA      | $116193.46    | 0.03%             | 2025-09-24      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Unilever PLC                       | Unilever PLC                                              | CUSIP: 904767704<br>LEI: 549300MKFYEKVRWML317 | Long             | EC               | CORP              | GB        |    105099 | NS      | $5370558.90   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Tricon American Homes              | Tricon American Homes 2017-SFR2 Trust                     | CUSIP: 89613FAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     11517 | PA      | $11221.69     | 0.00%             | 2036-01-17      | Fixed         | 2.93%                 | No            |                  2 | On Loan: No      |
| Heineken NV                        | Heineken NV                                               | CUSIP: 000000000<br>LEI: 724500K5PTPSST86UQ23 | Long             | EC               | CORP              | NL        |      4171 | NS      | $416845.07    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Community Healthcare Trust Inc     | Community Healthcare Trust Inc                            | CUSIP: 20369C106<br>LEI: 549300FATSRCMKOV9536 | Long             | EC               | CORP              | US        |      4606 | NS      | $197505.28    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Boston Scientific Corp             | Boston Scientific Corp                                    | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |     60969 | NS      | $2819816.25   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Omnicom Group Inc                  | Omnicom Group Inc                                         | CUSIP: 681919106<br>LEI: HKUPACFHSSASQK8HLS17 | Long             | EC               | CORP              | US        |       473 | NS      | $40673.27     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| J M Smucker Co/The                 | J M Smucker Co/The                                        | CUSIP: 832696405<br>LEI: 5493000WDH6A0LHDJD55 | Long             | EC               | CORP              | US        |       241 | NS      | $36824.80     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Boerse AG                 | Deutsche Boerse AG                                        | CUSIP: 000000000<br>LEI: 529900G3SW56SHYNPR95 | Long             | EC               | CORP              | DE        |      1851 | NS      | $331222.20    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Brenntag SE                        | Brenntag SE                                               | CUSIP: 107180101<br>LEI: NNROIXVWJ7CPSR27SV97 | Long             | EC               | CORP              | DE        |    146104 | NS      | $2175488.56   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Digital Realty Trust Inc           | Digital Realty Trust Inc                                  | CUSIP: 253868103<br>LEI: 549300HKCZ31D08NEI41 | Long             | EC               | CORP              | US        |      1868 | NS      | $214110.16    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| ENERGY TRANSFER LP                 | Energy Transfer LP                                        | CUSIP: 29273RAR0<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    610000 | PA      | $642317.37    | 0.14%             | 2042-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Assa Abloy AB                      | Assa Abloy AB                                             | CUSIP: 000000000<br>LEI: 549300YECS8HKCIMMB67 | Long             | EC               | CORP              | SE        |     12639 | NS      | $297727.57    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| ARBOR REALTY TRUST INC             | Arbor Realty Trust Inc                                    | CUSIP: 038923AS7<br>LEI: 549300ASFUWYQO0RW077 | Long             | DBT              | CORP              | US        |     80000 | PA      | $79697.02     | 0.02%             | 2023-04-30      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| General Mills Inc                  | General Mills Inc                                         | CUSIP: 370334104<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | EC               | CORP              | US        |       946 | NS      | $74128.56     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Boerse AG                 | Deutsche Boerse AG                                        | CUSIP: 251542106<br>LEI: 529900G3SW56SHYNPR95 | Long             | EC               | CORP              | DE        |    181723 | NS      | $3241938.32   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertex Pharmaceuticals Inc         | Vertex Pharmaceuticals Inc                                | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |     10216 | NS      | $3300789.60   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| FinecoBank Banca Fineco SpA        | FinecoBank Banca Fineco SpA                               | CUSIP: 000000000<br>LEI: 549300L7YCATGO57ZE10 | Long             | EC               | CORP              | IT        |     22269 | NS      | $399769.97    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Humana Inc                         | Humana Inc                                                | CUSIP: 444859102<br>LEI: 529900YLDW34GJAO4J06 | Long             | EC               | CORP              | US        |      5762 | NS      | $2948415.40   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Agree Realty Corp                  | Agree Realty Corp                                         | CUSIP: 008492100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2108 | NS      | $157320.04    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| POPULAR INC                        | Popular Inc                                               | CUSIP: 733174AK2<br>LEI: 5493008CARDZMVQ3LO89 | Long             | DBT              | CORP              | PR        |    225000 | PA      | $224272.37    | 0.05%             | 2023-09-14      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Radius Global Infrastructure I     | Radius Global Infrastructure Inc                          | CUSIP: 750481103<br>LEI: 213800NT341MQ5USBX63 | Long             | EC               | CORP              | US        |     25241 | NS      | $339996.27    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Oxford Finance Funding Trust       | Oxford Finance Funding 2019-1 LLC                         | CUSIP: 69145AAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      8392 | PA      | $8331.70      | 0.00%             | 2027-02-15      | Fixed         | 4.46%                 | No            |                  2 | On Loan: No      |
| Moody's Corp                       | Moody's Corp                                              | CUSIP: 615369105<br>LEI: 549300GCEDD8YCF5WU84 | Long             | EC               | CORP              | US        |     26080 | NS      | $8417320.00   | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| KeyCorp                            | KeyCorp                                                   | CUSIP: 493267108<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | EC               | CORP              | US        |      1365 | NS      | $26194.35     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Pioneer Natural Resources Co       | Pioneer Natural Resources Co                              | CUSIP: 723787107<br>LEI: FY8JBF7CCL2VE4F1B628 | Long             | EC               | CORP              | US        |       252 | NS      | $58048.20     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Cousins Properties Inc             | Cousins Properties Inc                                    | CUSIP: 222795502<br>LEI: 5493007XPYD5EJABN062 | Long             | EC               | CORP              | US        |      5936 | NS      | $162765.12    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Nucor Corp                         | Nucor Corp                                                | CUSIP: 670346105<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | EC               | CORP              | US        |       375 | NS      | $63382.50     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Marathon Petroleum Corp            | Marathon Petroleum Corp                                   | CUSIP: 56585A102<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | EC               | CORP              | US        |       605 | NS      | $77754.60     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Credit Suisse Mortgage Trust       | CSMC Trust 2014-IVR3                                      | CUSIP: 12648TAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      3056 | PA      | $2790.21      | 0.00%             | 2044-07-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| RenaissanceRe Holdings Ltd         | RenaissanceRe Holdings Ltd                                | CUSIP: 000000000<br>LEI: EK6GB9U3U58PDI411C94 | Long             | EC               | CORP              | BM        |       870 | NS      | $170250.30    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Devon Energy Corp                  | Devon Energy Corp                                         | CUSIP: 25179M103<br>LEI: 54930042348RKR3ZPN35 | Long             | EC               | CORP              | US        |       775 | NS      | $49011.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Independence Realty Trust Inc      | Independence Realty Trust Inc                             | CUSIP: 45378A106<br>LEI: 549300Z3L8NU44NQEB29 | Long             | EC               | CORP              | US        |      5801 | NS      | $109232.83    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| IMCD NV                            | IMCD NV                                                   | CUSIP: 000000000<br>LEI: 724500NSJPNFJPDAUP02 | Long             | EC               | CORP              | NL        |       524 | NS      | $83070.70     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Intel Corp                         | Intel Corp                                                | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | EC               | CORP              | US        |      3725 | NS      | $105268.50    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Eastman Chemical Co                | Eastman Chemical Co                                       | CUSIP: 277432100<br>LEI: FDPVHDGJ1IQZFK9KH630 | Long             | EC               | CORP              | US        |       272 | NS      | $23982.24     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Kroger Co/The                      | Kroger Co/The                                             | CUSIP: 501044101<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | EC               | CORP              | US        |      1153 | NS      | $51458.39     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| L3Harris Technologies Inc          | L3Harris Technologies Inc                                 | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Long             | EC               | CORP              | US        |     17646 | NS      | $3790713.72   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| IDEXX Laboratories Inc             | IDEXX Laboratories Inc                                    | CUSIP: 45168D104<br>LEI: OGMTXK0LUU1HKV2P0J84 | Long             | EC               | CORP              | US        |      5909 | NS      | $2839274.50   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Procter & Gamble Co/The            | Procter & Gamble Co/The                                   | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |      1833 | NS      | $260982.54    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| ALASKA AIR 2020-1 CL B             | Alaska Airlines 2020-1 Class B Pass Through Trust         | CUSIP: 01166WAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     69908 | PA      | $71057.05     | 0.02%             | 2025-08-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Playa Hotels & Resorts NV          | Playa Hotels & Resorts NV                                 | CUSIP: 000000000<br>LEI: 529900BUP3KWPCJNLS49 | Long             | EC               | CORP              | US        |      7055 | NS      | $53476.90     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| PMT Loan Trust                     | PMT Loan Trust 2013-J1                                    | CUSIP: 693456AW5<br>LEI: 549300QFMQR379ND0354 | Long             | ABS-MBS          | CORP              | US        |      3378 | PA      | $3127.40      | 0.00%             | 2043-09-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| Seagen Inc                         | Seagen Inc                                                | CUSIP: 81181C104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14751 | NS      | $2057469.48   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| ARGO BLOCKCHAIN PLC                | Argo Blockchain PLC                                       | CUSIP: 040126203<br>LEI: 213800WPCCYSDYY26J54 | Long             | EP               | CORP              | GB        |      2921 | NS      | $13115.29     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Dollar General Corp                | Dollar General Corp                                       | CUSIP: 256677105<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | EC               | CORP              | US        |     15925 | NS      | $3720080.00   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips                     | ConocoPhillips                                            | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |      1077 | NS      | $131253.99    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc                      | Citigroup Inc                                             | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |      2295 | NS      | $119844.90    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                           | CUSIP: 31418BBC9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      3738 | PA      | $3757.73      | 0.00%             | 2034-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC           | Vistra Operations Co LLC                                  | CUSIP: 92840VAD4<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    120000 | PA      | $115879.12    | 0.03%             | 2024-07-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                    | CVS Health Corp                                           | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |     32136 | NS      | $2835037.92   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Rexford Industrial Realty Inc      | Rexford Industrial Realty Inc                             | CUSIP: 76169C100<br>LEI: 549300MSLO0DF0EMX355 | Long             | EC               | CORP              | US        |      4061 | NS      | $257751.67    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                       | Alphabet Inc                                              | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     84249 | NS      | $8327171.16   | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences Inc                | Gilead Sciences Inc                                       | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |      1635 | NS      | $137241.90    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Allfunds Group Plc                 | Allfunds Group Plc                                        | CUSIP: 000000000<br>LEI: 9598005U8TZQ8Q64SC71 | Long             | EC               | CORP              | GB        |     20161 | NS      | $160380.02    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| CDW Corp/DE                        | CDW Corp/DE                                               | CUSIP: 12514G108<br>LEI: 9845001B052ABF0B6755 | Long             | EC               | CORP              | US        |     16716 | NS      | $3276837.48   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Mondelez International Inc         | Mondelez International Inc                                | CUSIP: 609207105<br>LEI: 549300DV9GIB88LZ5P30 | Long             | EC               | CORP              | US        |    111292 | NS      | $7282948.48   | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems Inc                  | Cisco Systems Inc                                         | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |      3804 | NS      | $185140.68    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Restaurant Brands Internationa     | Restaurant Brands International Inc                       | CUSIP: 76131D103<br>LEI: 5299009RXTX9DN9AKJ98 | Long             | EC               | CORP              | CA        |      2490 | NS      | $166655.70    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| JP Morgan Mortgage Trust           | JP Morgan Mortgage Trust 2017-2                           | CUSIP: 46648HAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      5721 | PA      | $5159.68      | 0.00%             | 2047-05-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| ALIBABA GROUP HOLDING              | Alibaba Group Holding Ltd                                 | CUSIP: 01609WAX0<br>LEI: 5493001NTNQJDH60PM02 | Long             | DBT              | CORP              | KY        |    250000 | PA      | $205374.03    | 0.05%             | 2031-02-09      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| Steel Dynamics Inc                 | Steel Dynamics Inc                                        | CUSIP: 858119100<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | EC               | CORP              | US        |       387 | NS      | $46687.68     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA           | AerCap Ireland Capital DAC / AerCap Global Aviation Trust | CUSIP: 00774MAW5<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    300000 | PA      | $263863.22    | 0.06%             | 2028-10-29      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Diageo PLC                         | Diageo PLC                                                | CUSIP: 000000000<br>LEI: 213800ZVIELEA55JMJ32 | Long             | EC               | CORP              | GB        |      9081 | NS      | $397076.80    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| General Dynamics Corp              | General Dynamics Corp                                     | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |       387 | NS      | $90194.22     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| GREENIDGE GEN HLD INC              | Greenidge Generation Holdings Inc                         | CUSIP: 39531G209<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      5500 | NS      | $21945.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Flagship Communities REIT          | Flagship Communities REIT                                 | CUSIP: 33843T108<br>LEI: 894500P7IQ2SJ1DF2L20 | Long             | EC               | CORP              | US        |      6841 | NS      | $109387.59    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Helios Towers PLC                  | Helios Towers PLC                                         | CUSIP: 000000000<br>LEI: 213800DGC7GS4XCHCU30 | Long             | EC               | CORP              | GB        |     60460 | NS      | $79755.78     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Visa Inc                           | Visa Inc                                                  | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     33827 | NS      | $7787313.67   | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Meituan                            | Meituan                                                   | CUSIP: 000000000<br>LEI: 21380033K525E5JLIA77 | Long             | EC               | CORP              | CN        |       650 | NS      | $14531.32     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| PEPSICO INC                        | PepsiCo Inc                                               | CUSIP: 713448FM5<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |    480000 | PA      | $467661.97    | 0.10%             | 2032-07-18      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                         | Fannie Mae Pool                                           | CUSIP: 3138ETT89<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      9386 | PA      | $9844.06      | 0.00%             | 2049-01-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Microchip Technology Inc           | Microchip Technology Inc                                  | CUSIP: 595017104<br>LEI: 5493007PTFULNYZJ1R12 | Long             | EC               | CORP              | US        |       658 | NS      | $51073.96     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Nelnet Student Loan Trust          | Nelnet Student Loan Trust 2012-3                          | CUSIP: 64032XAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     10120 | PA      | $9852.52      | 0.00%             | 2045-02-25      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| Air Liquide SA                     | Air Liquide SA                                            | CUSIP: 000000000<br>LEI: 969500MMPQVHK671GT54 | Long             | EC               | CORP              | FR        |      3112 | NS      | $495511.67    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| ServiceNow Inc                     | ServiceNow Inc                                            | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |     19589 | NS      | $8915541.57   | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Royalty Pharma PLC                 | Royalty Pharma PLC                                        | CUSIP: 000000000<br>LEI: 549300FGFN7VOK8BZR03 | Long             | EC               | CORP              | US        |       831 | NS      | $32566.89     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Bunge Ltd                          | Bunge Ltd                                                 | CUSIP: 000000000<br>LEI: 5493007M0RIN8HY3MM77 | Long             | EC               | CORP              | US        |       312 | NS      | $30919.20     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryanair Holdings PLC               | Ryanair Holdings PLC                                      | CUSIP: 783513203<br>LEI: 635400BR2ROC1FVEBQ56 | Long             | EC               | CORP              | IE        |     55661 | NS      | $5038990.33   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| NAVIENT CORP                       | Navient Corp                                              | CUSIP: 63938CAH1<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    235000 | PA      | $234514.41    | 0.05%             | 2025-06-25      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Diamondback Energy Inc             | Diamondback Energy Inc                                    | CUSIP: 25278X109<br>LEI: 549300R22LSX6OHWEN64 | Long             | EC               | CORP              | US        |       242 | NS      | $35361.04     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX Cos Inc/The                    | TJX Cos Inc/The                                           | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |      1126 | NS      | $92174.36     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| BNSF FUNDING TRUST I               | BNSF Funding Trust I                                      | CUSIP: 05567SAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    240000 | PA      | $232824.63    | 0.05%             | 2055-12-15      | Fixed         | 6.61%                 | No            |                  2 | On Loan: No      |
| QUALCOMM INC                       | QUALCOMM Inc                                              | CUSIP: 747525BQ5<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |    445000 | PA      | $440838.80    | 0.10%             | 2032-05-20      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Norfolk Southern Corp              | Norfolk Southern Corp                                     | CUSIP: 655844108<br>LEI: 54930036C8MWP850MI84 | Long             | EC               | CORP              | US        |     11352 | NS      | $2790435.12   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Starwood Retail Property Trust     | Starwood Retail Property Trust 2014-STAR                  | CUSIP: 85571XAA5<br>LEI: 5493007115G809OI4R97 | Long             | ABS-MBS          | CORP              | US        |     15954 | PA      | $11050.17     | 0.00%             | 2027-11-15      | Floating      | 5.93%                 | No            |                  2 | On Loan: No      |
| DREYFUS GOVERNMENT CASH MANAGEMENT | DREYFUS GOVERN CASH MGMT-I                                | CUSIP: 262006208<br>LEI: 5493000Q69I5Q3QZIA91 | Long             | STIV             | RF                | US        |  20247498 | NS      | $20247497.67  | 4.44%             |  |  |  | No            |                  1 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC           | Warnermedia Holdings Inc                                  | CUSIP: 55903VAJ2<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    650000 | PA      | $595234.35    | 0.13%             | 2029-03-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Keywords Studios PLC               | Keywords Studios PLC                                      | CUSIP: 000000000<br>LEI: 2138007VR9ZYCWS7VE12 | Long             | EC               | CORP              | IE        |      2374 | NS      | $83383.04     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Auckland International Airport     | Auckland International Airport Ltd                        | CUSIP: 000000000<br>LEI: 549300HFZIZDJWB7AK60 | Long             | EC               | CORP              | NZ        |     23296 | NS      | $128210.50    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Skyworks Solutions Inc             | Skyworks Solutions Inc                                    | CUSIP: 83088M102<br>LEI: 549300WZ3ORQ2BVKBD96 | Long             | EC               | CORP              | US        |       225 | NS      | $24675.75     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Parker-Hannifin Corp               | Parker-Hannifin Corp                                      | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |       155 | NS      | $50530.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Social Professional Loan Progr     | Sofi Professional Loan Program 2018-B Trust               | CUSIP: 83404RAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      4299 | PA      | $4174.07      | 0.00%             | 2047-08-25      | Fixed         | 3.34%                 | No            |                  2 | On Loan: No      |
| US Bancorp                         | US Bancorp                                                | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |      1846 | NS      | $91930.80     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Invitation Homes Inc               | Invitation Homes Inc                                      | CUSIP: 46187W107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6596 | NS      | $214370.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Baxter International Inc           | Baxter International Inc                                  | CUSIP: 071813109<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | EC               | CORP              | US        |       618 | NS      | $28236.42     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Heineken NV                        | Heineken NV                                               | CUSIP: 423012301<br>LEI: 724500K5PTPSST86UQ23 | Long             | EC               | CORP              | NL        |     57795 | NS      | $2886860.25   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Archer-Daniels-Midland Co          | Archer-Daniels-Midland Co                                 | CUSIP: 039483102<br>LEI: 549300LO13MQ9HYSTR83 | Long             | EC               | CORP              | US        |       818 | NS      | $67771.30     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| BLACKSTONE SECURED LEND            | Blackstone Secured Lending Fund                           | CUSIP: 09261XAB8<br>LEI: 549300KM7KWQHVBNH962 | Long             | DBT              | CORP              | US        |    172000 | PA      | $152145.10    | 0.03%             | 2026-09-16      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Broadridge Financial Solutions     | Broadridge Financial Solutions Inc                        | CUSIP: 11133T103<br>LEI: 549300KZDJZQ2YIHRC28 | Long             | EC               | CORP              | US        |       239 | NS      | $35936.04     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Tyson Foods Inc                    | Tyson Foods Inc                                           | CUSIP: 902494103<br>LEI: WD6L6041MNRW1JE49D58 | Long             | EC               | CORP              | US        |       616 | NS      | $40502.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Honeywell International Inc        | Honeywell International Inc                               | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |       747 | NS      | $155734.56    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Storage                     | Public Storage                                            | CUSIP: 74460D109<br>LEI: 549300LMZF40TKJ6DM64 | Long             | EC               | CORP              | US        |      1137 | NS      | $346034.58    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED AIR 2019-2 B PTT            | United Airlines 2019-2 Class B Pass Through Trust         | CUSIP: 90932KAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    281068 | PA      | $249648.49    | 0.05%             | 2028-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| McDonald's Corp                    | McDonald's Corp                                           | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |       527 | NS      | $140919.80    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| CIM Trust                          | CIM Trust 2019-INV1                                       | CUSIP: 12555DAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       432 | PA      | $421.72       | 0.00%             | 2049-02-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Lululemon Athletica Inc            | Lululemon Athletica Inc                                   | CUSIP: 550021109<br>LEI: 549300D9GZ4BMLDW5T40 | Long             | EC               | CORP              | CA        |     12016 | NS      | $3687470.08   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| TSMC                               | Taiwan Semiconductor Manufacturing Co Ltd                 | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |     52872 | NS      | $4902820.56   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| PPG Industries Inc                 | PPG Industries Inc                                        | CUSIP: 693506107<br>LEI: 549300BKPEP01R3V6C59 | Long             | EC               | CORP              | US        |       291 | NS      | $37928.94     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Lockheed Martin Corp               | Lockheed Martin Corp                                      | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |       301 | NS      | $139441.26    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Nestle SA                          | Nestle SA                                                 | CUSIP: 641069406<br>LEI: KY37LUS27QQX7BB93L28 | Long             | EC               | CORP              | CH        |     45989 | NS      | $5620545.64   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Domino's Pizza Inc                 | Domino's Pizza Inc                                        | CUSIP: 25754A201<br>LEI: 25490005ZWM1IF9UXU57 | Long             | EC               | CORP              | US        |     13770 | NS      | $4860810.00   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Caterpillar Inc                    | Caterpillar Inc                                           | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |       616 | NS      | $155410.64    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Analog Devices Inc                 | Analog Devices Inc                                        | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |       654 | NS      | $112141.38    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| OWL ROCK TECHNOLOGY FINA           | Owl Rock Technology Finance Corp                          | CUSIP: 691205AE8<br>LEI: 254900G5EZJSOD3UKL16 | Long             | DBT              | CORP              | US        |    119000 | PA      | $105267.77    | 0.02%             | 2026-06-17      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust             | Sequoia Mortgage Trust 2013-2                             | CUSIP: 81745MAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      1261 | PA      | $1093.71      | 0.00%             | 2043-02-25      | Variable      | 1.87%                 | No            |                  2 | On Loan: No      |
| Tractor Supply Co                  | Tractor Supply Co                                         | CUSIP: 892356106<br>LEI: 549300OJ9VZHZRO6I137 | Long             | EC               | CORP              | US        |       163 | NS      | $37162.37     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Cboe Global Markets Inc            | Cboe Global Markets Inc                                   | CUSIP: 12503M108<br>LEI: 529900RLNSGA90UPEH54 | Long             | EC               | CORP              | US        |     29854 | NS      | $3668459.52   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Pfizer Inc                         | Pfizer Inc                                                | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |      3481 | NS      | $153720.96    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| US TREASURY N/B                    | United States Treasury Note/Bond                          | CUSIP: 91282CAV3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  21765000 | PA      | $17939121.09  | 3.94%             | 2030-11-15      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| Lennar Corp                        | Lennar Corp                                               | CUSIP: 526057104<br>LEI: 529900G61XVRLX5TJX09 | Long             | EC               | CORP              | US        |       396 | NS      | $40550.40     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Essex Property Trust Inc           | Essex Property Trust Inc                                  | CUSIP: 297178105<br>LEI: 549300TR2H2VEFX0NC60 | Long             | EC               | CORP              | US        |       320 | NS      | $72342.40     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                  | Johnson & Johnson                                         | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |     36835 | NS      | $6019575.70   | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                         | Intuit Inc                                                | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |      8947 | NS      | $3781628.49   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Union Pacific Corp                 | Union Pacific Corp                                        | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |       690 | NS      | $140891.10    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Regions Financial Corp             | Regions Financial Corp                                    | CUSIP: 7591EP100<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EC               | CORP              | US        |      2014 | NS      | $47409.56     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-03-17

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

**Signature:** Troy M. Statczar

**Name of Signer:** Troy M. Statczar

**Title:** Principal Financial Officer