# EDGAR Filing Document

**Accession Number:** 0000890453
**File Stem:** 0000894189-25-014738
**Filing Date:** 2025-11
**Character Count:** 206689
**Document Hash:** 35e21b8afe970d61095257154da2a1de
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-25-014738.hdr.sgml**: 20251125

**ACCESSION NUMBER**: 0000894189-25-014738

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251125

**DATE AS OF CHANGE**: 20251125

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** WILSHIRE MUTUAL FUNDS INC
- **CENTRAL INDEX KEY:** 0000890453

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07076
- **FILM NUMBER:** 251516904

**BUSINESS ADDRESS:**
- **STREET 1:** 1299 OCEAN AVENUE
- **STREET 2:** SUITE 700
- **CITY:** SANTA MONICA
- **STATE:** CA
- **ZIP:** 90401
- **BUSINESS PHONE:** 610-676-3419

**MAIL ADDRESS:**
- **STREET 1:** 1299 OCEAN AVENUE
- **STREET 2:** SUITE 700
- **CITY:** SANTA MONICA
- **STATE:** CA
- **ZIP:** 90401

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WILSHIRE TARGET FUNDS INC
- **DATE OF NAME CHANGE:** 19960603

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DREYFUS WILSHIRE TARGET FUNDS INC
- **DATE OF NAME CHANGE:** 19921014

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DREYFUS WILSHIRE SERIES FUND INC/
- **DATE OF NAME CHANGE:** 19921014

## Series and Classes Contracts Data

### LARGE COMPANY GROWTH PORTFOLIO (Series ID: S000001045)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000002805 | INVESTMENT CLASS    | DTLGX           |
| C000002806 | INSTITUTIONAL CLASS | WLCGX           |

## Nport-Ex

---

| | | | |
|:---|:---|:---|:---|
| **Large Company Growth Portfolio** | **Large Company Growth Portfolio** | **Large Company Growth Portfolio** | **Large Company Growth Portfolio** |
| **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** |
| **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** |
| **COMMON STOCKS - 83.0%** | **COMMON STOCKS - 83.0%** | **Shares** | **Value**  |
| **Communication Services - 14.4%** | **Communication Services - 14.4%** | **Communication Services - 14.4%** | |
| Alphabet, Inc. - Class A | Alphabet, Inc. - Class A | 7492 | $1821305 |
| Alphabet, Inc. - Class C | Alphabet, Inc. - Class C | 38544 | 9387391 |
| Liberty Media Corp.-Liberty Formula One - Class C <sup>(a)</sup> | Liberty Media Corp.-Liberty Formula One - Class C <sup>(a)</sup> | 4317 | 450911 |
| Meta Platforms, Inc. - Class A | Meta Platforms, Inc. - Class A | 21467 | 15764935 |
| Netflix, Inc. <sup>(a)</sup> | Netflix, Inc. <sup>(a)</sup> | 6076 | 7284638 |
| Nexstar Media Group, Inc. | Nexstar Media Group, Inc. | 201 | 39746 |
| Pinterest, Inc. - Class A <sup>(a)</sup> | Pinterest, Inc. - Class A <sup>(a)</sup> | 9797 | 315170 |
| Reddit, Inc. - Class A <sup>(a)</sup> | Reddit, Inc. - Class A <sup>(a)</sup> | 1618 | 372124 |
| ROBLOX Corp. - Class A <sup>(a)</sup> | ROBLOX Corp. - Class A <sup>(a)</sup> | 11018 | 1526213 |
| Sea Ltd. - ADR <sup>(a)</sup> | Sea Ltd. - ADR <sup>(a)</sup> | 14036 | 2508654 |
| Spotify Technology SA <sup>(a)</sup> | Spotify Technology SA <sup>(a)</sup> | 2303 | 1607494 |
| TKO Group Holdings, Inc. | TKO Group Holdings, Inc. | 1612 | 325560 |
|  |  |  | 41404141 |
| **Consumer Discretionary - 9.6%** | **Consumer Discretionary - 9.6%** | **Consumer Discretionary - 9.6%** |  |
| Amazon.com, Inc. <sup>(a)</sup> | Amazon.com, Inc. <sup>(a)</sup> | 64241 | 14105396 |
| Booking Holdings, Inc. | Booking Holdings, Inc. | 213 | 1150045 |
| Carnival Corp. <sup>(a)</sup> | Carnival Corp. <sup>(a)</sup> | 28211 | 815580 |
| Carvana Co. <sup>(a)</sup> | Carvana Co. <sup>(a)</sup> | 1012 | 381767 |
| Cava Group, Inc. <sup>(a)</sup> | Cava Group, Inc. <sup>(a)</sup> | 1608 | 97139 |
| Chipotle Mexican Grill, Inc. <sup>(a)</sup> | Chipotle Mexican Grill, Inc. <sup>(a)</sup> | 15575 | 610384 |
| DoorDash, Inc. - Class A <sup>(a)</sup> | DoorDash, Inc. - Class A <sup>(a)</sup> | 714 | 194201 |
| Duolingo, Inc. <sup>(a)</sup> | Duolingo, Inc. <sup>(a)</sup> | 262 | 84322 |
| Expedia Group, Inc. | Expedia Group, Inc. | 3263 | 697466 |
| Ferrari NV | Ferrari NV | 1352 | 656017 |
| Garmin Ltd. | Garmin Ltd. | 730 | 179741 |
| Grand Canyon Education, Inc. <sup>(a)</sup> | Grand Canyon Education, Inc. <sup>(a)</sup> | 3882 | 852177 |
| Home Depot, Inc. | Home Depot, Inc. | 2935 | 1189233 |
| Lululemon Athletica, Inc. <sup>(a)</sup> | Lululemon Athletica, Inc. <sup>(a)</sup> | 643 | 114409 |
| MercadoLibre, Inc. <sup>(a)</sup> | MercadoLibre, Inc. <sup>(a)</sup> | 245 | 572550 |
| On Holding AG - Class A <sup>(a)</sup> | On Holding AG - Class A <sup>(a)</sup> | 8048 | 340833 |
| Royal Caribbean Cruises Ltd. | Royal Caribbean Cruises Ltd. | 575 | 186059 |
| Tempur Sealy International, Inc. | Tempur Sealy International, Inc. | 5794 | 488608 |
| Tesla, Inc. <sup>(a)</sup> | Tesla, Inc. <sup>(a)</sup> | 8929 | 3970905 |
| Texas Roadhouse, Inc. | Texas Roadhouse, Inc. | 1955 | 324823 |
| TJX Cos., Inc. | TJX Cos., Inc. | 1421 | 205391 |
| Tractor Supply Co. | Tractor Supply Co. | 6583 | 374375 |
|  |  |  | 27591421 |
| **Consumer Staples - 1.1%** | **Consumer Staples - 1.1%** | **Consumer Staples - 1.1%** |  |
| Celsius Holdings, Inc. <sup>(a)</sup> | Celsius Holdings, Inc. <sup>(a)</sup> | 8219 | 472510 |
| Costco Wholesale Corp. | Costco Wholesale Corp. | 1434 | 1327354 |
| Monster Beverage Corp. <sup>(a)</sup> | Monster Beverage Corp. <sup>(a)</sup> | 18226 | 1226792 |
| Sprouts Farmers Market, Inc. <sup>(a)</sup> | Sprouts Farmers Market, Inc. <sup>(a)</sup> | 1126 | 122509 |
|  |  |  | 3149165 |
| **Energy - 0.2%** | **Energy - 0.2%** | **Energy - 0.2%** |  |
| Cameco Corp. | Cameco Corp. | 4035 | 338375 |
| HF Sinclair Corp. | HF Sinclair Corp. | 1659 | 86832 |
| Phillips 66 | Phillips 66 | 292 | 39718 |
|  |  |  | 464925 |
| **Financials - 2.7%** | **Financials - 2.7%** | **Financials - 2.7%** |  |
| Ally Financial, Inc. | Ally Financial, Inc. | 1167 | 45746 |
| Cboe Global Markets, Inc. | Cboe Global Markets, Inc. | 2545 | 624161 |
| Citigroup, Inc. | Citigroup, Inc. | 2301 | 233552 |
| NU Holdings Ltd. - Class A <sup>(a)</sup> | NU Holdings Ltd. - Class A <sup>(a)</sup> | 46980 | 752150 |
| Popular, Inc. | Popular, Inc. | 2343 | 297584 |
| Primerica, Inc. | Primerica, Inc. | 549 | 152397 |
| Progressive Corp. | Progressive Corp. | 2564 | 633180 |
| Robinhood Markets, Inc. - Class A <sup>(a)</sup> | Robinhood Markets, Inc. - Class A <sup>(a)</sup> | 5960 | 853353 |
| Rocket Cos., Inc. - Class A | Rocket Cos., Inc. - Class A | 30925 | 599326 |
| S&P Global, Inc. | S&P Global, Inc. | 965 | 469675 |
| Toast, Inc. - Class A <sup>(a)</sup> | Toast, Inc. - Class A <sup>(a)</sup> | 5332 | 194671 |
| Tradeweb Markets, Inc. - Class A | Tradeweb Markets, Inc. - Class A | 869 | 96442 |
| Visa, Inc. - Class A | Visa, Inc. - Class A | 8149 | 2781906 |
|  |  |  | 7734143 |
| **Health Care - 7.1%** | **Health Care - 7.1%** | **Health Care - 7.1%** |  |
| AbbVie, Inc. | AbbVie, Inc. | 8775 | 2031763 |
| Abivax SA - ADR <sup>(a)</sup> | Abivax SA - ADR <sup>(a)</sup> | 6550 | 556095 |
| Apellis Pharmaceuticals, Inc. <sup>(a)</sup> | Apellis Pharmaceuticals, Inc. <sup>(a)</sup> | 1536 | 34760 |
| Boston Scientific Corp. <sup>(a)</sup> | Boston Scientific Corp. <sup>(a)</sup> | 5752 | 561568 |
| Cardinal Health, Inc. | Cardinal Health, Inc. | 1769 | 277662 |
| Cidara Therapeutics, Inc. <sup>(a)</sup> | Cidara Therapeutics, Inc. <sup>(a)</sup> | 4127 | 395201 |
| Dexcom, Inc. <sup>(a)</sup> | Dexcom, Inc. <sup>(a)</sup> | 5847 | 393445 |
| Eli Lilly & Co. | Eli Lilly & Co. | 3216 | 2453808 |
| Exelixis, Inc. <sup>(a)</sup> | Exelixis, Inc. <sup>(a)</sup> | 4222 | 174369 |
| Genmab AS - ADR <sup>(a)</sup> | Genmab AS - ADR <sup>(a)</sup> | 9234 | 283207 |
| Gilead Sciences, Inc. | Gilead Sciences, Inc. | 11206 | 1243866 |
| Halozyme Therapeutics, Inc. <sup>(a)</sup> | Halozyme Therapeutics, Inc. <sup>(a)</sup> | 14361 | 1053236 |
| IDEXX Laboratories, Inc. <sup>(a)</sup> | IDEXX Laboratories, Inc. <sup>(a)</sup> | 100 | 63889 |
| Incyte Corp. <sup>(a)</sup> | Incyte Corp. <sup>(a)</sup> | 9826 | 833343 |
| Insmed, Inc. <sup>(a)</sup> | Insmed, Inc. <sup>(a)</sup> | 1138 | 163883 |
| Insulet Corp. <sup>(a)</sup> | Insulet Corp. <sup>(a)</sup> | 177 | 54645 |
| Intuitive Surgical, Inc. <sup>(a)</sup> | Intuitive Surgical, Inc. <sup>(a)</sup> | 2836 | 1268344 |
| McKesson Corp. | McKesson Corp. | 1012 | 781810 |
| Medpace Holdings, Inc. <sup>(a)</sup> | Medpace Holdings, Inc. <sup>(a)</sup> | 556 | 285873 |
| Merck & Co., Inc. | Merck & Co., Inc. | 2297 | 192787 |
| Mettler-Toledo International, Inc. <sup>(a)</sup> | Mettler-Toledo International, Inc. <sup>(a)</sup> | 420 | 515596 |
| Natera, Inc. <sup>(a)</sup> | Natera, Inc. <sup>(a)</sup> | 7699 | 1239308 |
| Neurocrine Biosciences, Inc. <sup>(a)</sup> | Neurocrine Biosciences, Inc. <sup>(a)</sup> | 5253 | 737416 |
| Penumbra, Inc. <sup>(a)</sup> | Penumbra, Inc. <sup>(a)</sup> | 997 | 252560 |
| ResMed, Inc. | ResMed, Inc. | 53 | 14508 |
| Stryker Corp. | Stryker Corp. | 2524 | 933047 |
| uniQure NV <sup>(a)</sup> | uniQure NV <sup>(a)</sup> | 8810 | 514240 |
| UnitedHealth Group, Inc. | UnitedHealth Group, Inc. | 1082 | 373615 |
| Veeva Systems, Inc. - Class A <sup>(a)</sup> | Veeva Systems, Inc. - Class A <sup>(a)</sup> | 5849 | 1742475 |
| Vertex Pharmaceuticals, Inc. <sup>(a)</sup> | Vertex Pharmaceuticals, Inc. <sup>(a)</sup> | 1976 | 773881 |
| Waters Corp. <sup>(a)</sup> | Waters Corp. <sup>(a)</sup> | 902 | 270429 |
|  |  |  | 20470629 |
| **Industrials - 4.4%** | **Industrials - 4.4%** | **Industrials - 4.4%** |  |
| Armstrong World Industries, Inc. | Armstrong World Industries, Inc. | 2368 | 464152 |
| Axon Enterprise, Inc. <sup>(a)</sup> | Axon Enterprise, Inc. <sup>(a)</sup> | 407 | 292079 |
| Broadridge Financial Solutions, Inc. | Broadridge Financial Solutions, Inc. | 1678 | 399649 |
| Caterpillar, Inc. | Caterpillar, Inc. | 468 | 223306 |
| Copart, Inc. <sup>(a)</sup> | Copart, Inc. <sup>(a)</sup> | 8845 | 397760 |
| Delta Air Lines, Inc. | Delta Air Lines, Inc. | 4826 | 273876 |
| EMCOR Group, Inc. | EMCOR Group, Inc. | 716 | 465071 |
| GE Vernova, Inc. | GE Vernova, Inc. | 791 | 486386 |
| General Electric Co. | General Electric Co. | 7260 | 2183953 |
| GFL Environmental, Inc. | GFL Environmental, Inc. | 2772 | 131337 |
| HEICO Corp. | HEICO Corp. | 1591 | 513607 |
| HEICO Corp. - Class A | HEICO Corp. - Class A | 4624 | 1174912 |
| Howmet Aerospace, Inc. | Howmet Aerospace, Inc. | 2797 | 548855 |
| Leonardo DRS, Inc. | Leonardo DRS, Inc. | 4420 | 200668 |
| Lyft, Inc. - Class A <sup>(a)</sup> | Lyft, Inc. - Class A <sup>(a)</sup> | 28998 | 638246 |
| Otis Worldwide Corp. | Otis Worldwide Corp. | 3593 | 328508 |
| Saia, Inc. <sup>(a)</sup> | Saia, Inc. <sup>(a)</sup> | 1357 | 406232 |
| Trane Technologies PLC | Trane Technologies PLC | 2458 | 1037178 |
| Trex Co., Inc. <sup>(a)</sup> | Trex Co., Inc. <sup>(a)</sup> | 3896 | 201306 |
| United Airlines Holdings, Inc. <sup>(a)</sup> | United Airlines Holdings, Inc. <sup>(a)</sup> | 1889 | 182288 |
| United Rentals, Inc. | United Rentals, Inc. | 461 | 440098 |
| Verisk Analytics, Inc. | Verisk Analytics, Inc. | 2990 | 752015 |
| Vertiv Holdings Co. - Class A | Vertiv Holdings Co. - Class A | 5608 | 846023 |
|  |  |  | 12587505 |
| **Information Technology - 40.6%<sup>(b)</sup>** | **Information Technology - 40.6%<sup>(b)</sup>** | **Information Technology - 40.6%<sup>(b)</sup>** |  |
| Advanced Micro Devices, Inc. <sup>(a)</sup> | Advanced Micro Devices, Inc. <sup>(a)</sup> | 3550 | 574355 |
| Amphenol Corp. - Class A | Amphenol Corp. - Class A | 10673 | 1320784 |
| Apple, Inc. | Apple, Inc. | 48654 | 12388768 |
| Applied Materials, Inc. | Applied Materials, Inc. | 5677 | 1162309 |
| AppLovin Corp. - Class A <sup>(a)</sup> | AppLovin Corp. - Class A <sup>(a)</sup> | 8930 | 6416562 |
| Arista Networks, Inc. <sup>(a)</sup> | Arista Networks, Inc. <sup>(a)</sup> | 7619 | 1110165 |
| ASML Holding NV | ASML Holding NV | 422 | 408534 |
| Astera Labs, Inc. <sup>(a)</sup> | Astera Labs, Inc. <sup>(a)</sup> | 8761 | 1715404 |
| Broadcom, Inc. | Broadcom, Inc. | 35898 | 11843109 |
| Cadence Design Systems, Inc. <sup>(a)</sup> | Cadence Design Systems, Inc. <sup>(a)</sup> | 1684 | 591522 |
| Cloudflare, Inc. - Class A <sup>(a)</sup> | Cloudflare, Inc. - Class A <sup>(a)</sup> | 1044 | 224032 |
| Fair Isaac Corp. <sup>(a)</sup> | Fair Isaac Corp. <sup>(a)</sup> | 14 | 20951 |
| Guidewire Software, Inc. <sup>(a)</sup> | Guidewire Software, Inc. <sup>(a)</sup> | 776 | 178371 |
| HubSpot, Inc. <sup>(a)</sup> | HubSpot, Inc. <sup>(a)</sup> | 66 | 30875 |
| Intuit, Inc. | Intuit, Inc. | 593 | 404966 |
| Itron, Inc. <sup>(a)</sup> | Itron, Inc. <sup>(a)</sup> | 2972 | 370192 |
| Manhattan Associates, Inc. <sup>(a)</sup> | Manhattan Associates, Inc. <sup>(a)</sup> | 1550 | 317719 |
| Microsoft Corp. | Microsoft Corp. | 48471 | 25105554 |
| MongoDB, Inc. <sup>(a)</sup> | MongoDB, Inc. <sup>(a)</sup> | 1446 | 448810 |
| Motorola Solutions, Inc. | Motorola Solutions, Inc. | 520 | 237791 |
| Nebius Group NV <sup>(a)</sup> | Nebius Group NV <sup>(a)</sup> | 42867 | 4812678 |
| NVIDIA Corp. | NVIDIA Corp. | 168980 | 31528288 |
| Oracle Corp. | Oracle Corp. | 2872 | 807721 |
| Palantir Technologies, Inc. - Class A <sup>(a)</sup> | Palantir Technologies, Inc. - Class A <sup>(a)</sup> | 6845 | 1248665 |
| Pegasystems, Inc. | Pegasystems, Inc. | 574 | 33005 |
| Procore Technologies, Inc. <sup>(a)</sup> | Procore Technologies, Inc. <sup>(a)</sup> | 3054 | 222698 |
| QUALCOMM, Inc. | QUALCOMM, Inc. | 3237 | 538507 |
| QXO, Inc. <sup>(a)</sup> | QXO, Inc. <sup>(a)</sup> | 49248 | 938667 |
| ServiceNow, Inc. <sup>(a)</sup> | ServiceNow, Inc. <sup>(a)</sup> | 628 | 577936 |
| Shopify, Inc. - Class A <sup>(a)</sup> | Shopify, Inc. - Class A <sup>(a)</sup> | 2794 | 415216 |
| Snowflake, Inc. - Class A <sup>(a)</sup> | Snowflake, Inc. - Class A <sup>(a)</sup> | 3639 | 820776 |
| Synopsys, Inc. <sup>(a)</sup> | Synopsys, Inc. <sup>(a)</sup> | 474 | 233867 |
| Taiwan Semiconductor Manufacturing Co. Ltd. - ADR | Taiwan Semiconductor Manufacturing Co. Ltd. - ADR | 19585 | 5469895 |
| Texas Instruments, Inc. | Texas Instruments, Inc. | 6010 | 1104217 |
| Twilio, Inc. - Class A <sup>(a)</sup> | Twilio, Inc. - Class A <sup>(a)</sup> | 4793 | 479731 |
| Western Digital Corp. | Western Digital Corp. | 20147 | 2418849 |
|  |  |  | 116521489 |
| **Materials - 0.8%** | **Materials - 0.8%** | **Materials - 0.8%** |  |
| Anglogold Ashanti PLC | Anglogold Ashanti PLC | 14202 | 998827 |
| Martin Marietta Materials, Inc. | Martin Marietta Materials, Inc. | 818 | 515569 |
| Sherwin-Williams Co. | Sherwin-Williams Co. | 2090 | 723683 |
| Southern Copper Corp. | Southern Copper Corp. | 217 | 26356 |
|  |  |  | 2264435 |
| **Utilities - 2.1%** | **Utilities - 2.1%** | **Utilities - 2.1%** |  |
| Constellation Energy Corp. | Constellation Energy Corp. | 2538 | 835179 |
| NRG Energy, Inc. | NRG Energy, Inc. | 3346 | 541885 |
| Talen Energy Corp. <sup>(a)</sup> | Talen Energy Corp. <sup>(a)</sup> | 6977 | 2967876 |
| Vistra Corp. | Vistra Corp. | 8152 | 1597140 |
|  |  |  | 5942080 |
| **TOTAL COMMON STOCKS** (Cost $105,133,950) | **TOTAL COMMON STOCKS** (Cost $105,133,950) | **TOTAL COMMON STOCKS** (Cost $105,133,950) | 238129933 |
| **COLLATERALIZED MORTGAGE OBLIGATIONS - 3.1%** | **COLLATERALIZED MORTGAGE OBLIGATIONS - 3.1%** | **Par** | **Value**  |
|  Arbor Realty Trust, Inc., Series 2021-FL3, Class C, 6.11% (1 mo. Term SOFR + 1.96%), 08/15/2034, (1.96% Floor) (Callable 10/15/2025) <sup>(c)</sup> | Arbor Realty Trust, Inc., Series 2021-FL3, Class C, 6.11% (1 mo. Term SOFR + 1.96%), 08/15/2034, (1.96% Floor) (Callable 10/15/2025) <sup>(c)</sup> | 275000 | 274980 |
|  BBCMS Trust, Series 2021-C10, Class XA, 1.33%, 07/15/2054 (Callable 05/15/2031) <sup>(d)(e)</sup> | BBCMS Trust, Series 2021-C10, Class XA, 1.33%, 07/15/2054 (Callable 05/15/2031) <sup>(d)(e)</sup> | 913973 | 45624 |
| Benchmark Mortgage Trust | Benchmark Mortgage Trust | Benchmark Mortgage Trust | Benchmark Mortgage Trust |
| &nbsp;&nbsp; Series 2020-B19, Class XA, 1.78%, 09/15/2053 (Callable 10/15/2030) <sup>(d)(e)</sup> | &nbsp;&nbsp; Series 2020-B19, Class XA, 1.78%, 09/15/2053 (Callable 10/15/2030) <sup>(d)(e)</sup> | 852089 | 40781 |
| &nbsp;&nbsp; Series 2021-B29, Class XA, 1.12%, 09/15/2054 (Callable 08/15/2031) <sup>(d)(e)</sup> | &nbsp;&nbsp; Series 2021-B29, Class XA, 1.12%, 09/15/2054 (Callable 08/15/2031) <sup>(d)(e)</sup> | 980376 | 35141 |
| &nbsp;&nbsp; Series 2025-V17, Class A3, 5.07%, 09/15/2058 (Callable 09/15/2030) | &nbsp;&nbsp; Series 2025-V17, Class A3, 5.07%, 09/15/2058 (Callable 09/15/2030) | 250000 | 255485 |
| BX Trust | BX Trust | BX Trust | BX Trust |
| &nbsp;&nbsp; Series 2021-RISE, Class B, 5.51% (1 mo. Term SOFR + 1.36%), 11/15/2036, (1.25% Floor) <sup>(c)</sup> | &nbsp;&nbsp; Series 2021-RISE, Class B, 5.51% (1 mo. Term SOFR + 1.36%), 11/15/2036, (1.25% Floor) <sup>(c)</sup> | 84533 | 84427 |
| &nbsp;&nbsp; Series 2021-VOLT, Class C, 5.36% (1 mo. Term SOFR + 1.21%), 09/15/2036, (1.10% Floor) <sup>(c)</sup> | &nbsp;&nbsp; Series 2021-VOLT, Class C, 5.36% (1 mo. Term SOFR + 1.21%), 09/15/2036, (1.10% Floor) <sup>(c)</sup> | 161794 | 161196 |
| &nbsp;&nbsp; Series 2022-LBA6, Class A, 5.15% (1 mo. Term SOFR + 1.00%), 01/15/2039, (1.00% Floor) <sup>(c)</sup> | &nbsp;&nbsp; Series 2022-LBA6, Class A, 5.15% (1 mo. Term SOFR + 1.00%), 01/15/2039, (1.00% Floor) <sup>(c)</sup> | 200000 | 199875 |
| &nbsp;&nbsp; Series 2023-XL3, Class A, 5.91% (1 mo. Term SOFR + 1.76%), 12/09/2040, (1.76% Floor) <sup>(c)</sup> | &nbsp;&nbsp; Series 2023-XL3, Class A, 5.91% (1 mo. Term SOFR + 1.76%), 12/09/2040, (1.76% Floor) <sup>(c)</sup> | 143202 | 143381 |
| &nbsp;&nbsp; Series 2024-KING, Class C, 6.09% (1 mo. Term SOFR + 1.94%), 05/15/2034, (1.94% Floor) <sup>(c)</sup> | &nbsp;&nbsp; Series 2024-KING, Class C, 6.09% (1 mo. Term SOFR + 1.94%), 05/15/2034, (1.94% Floor) <sup>(c)</sup> | 177661 | 177883 |
| &nbsp;&nbsp; Series 2024-XL4, Class B, 5.94% (1 mo. Term SOFR + 1.79%), 02/15/2039, (1.79% Floor) <sup>(c)</sup> | &nbsp;&nbsp; Series 2024-XL4, Class B, 5.94% (1 mo. Term SOFR + 1.79%), 02/15/2039, (1.79% Floor) <sup>(c)</sup> | 92804 | 93036 |
| &nbsp;&nbsp; Series 2025-GW, Class B, 6.00% (1 mo. Term SOFR + 1.85%), 07/15/2042, (1.85% Floor) <sup>(c)</sup> | &nbsp;&nbsp; Series 2025-GW, Class B, 6.00% (1 mo. Term SOFR + 1.85%), 07/15/2042, (1.85% Floor) <sup>(c)</sup> | 150000 | 150422 |
| &nbsp;&nbsp; Series 2025-ROIC, Class A, 5.29% (1 mo. Term SOFR + 1.14%), 03/15/2030, (1.14% Floor) <sup>(c)</sup> | &nbsp;&nbsp; Series 2025-ROIC, Class A, 5.29% (1 mo. Term SOFR + 1.14%), 03/15/2030, (1.14% Floor) <sup>(c)</sup> | 149417 | 149090 |
|  BX Trust 2024-VLT4, Series 2024-AIRC, Class B, 6.29% (1 mo. Term SOFR + 2.14%), 08/15/2039, (2.14% Floor) <sup>(c)</sup> | BX Trust 2024-VLT4, Series 2024-AIRC, Class B, 6.29% (1 mo. Term SOFR + 2.14%), 08/15/2039, (2.14% Floor) <sup>(c)</sup> | 140429 | 140825 |
|  CFCRE Commercial Mortgage Trust, Series 2016-C3, Class A3, 3.87%, 01/10/2048 (Callable 01/10/2026) | CFCRE Commercial Mortgage Trust, Series 2016-C3, Class A3, 3.87%, 01/10/2048 (Callable 01/10/2026) | 176869 | 176476 |
|  Chase Mortgage Finance Corp., Series 2025-9, Class A3, 5.50%, 06/25/2056 (Callable 04/25/2038) <sup>(c)(e)</sup> | Chase Mortgage Finance Corp., Series 2025-9, Class A3, 5.50%, 06/25/2056 (Callable 04/25/2038) <sup>(c)(e)</sup> | 98544 | 99153 |
|  Citigroup/Deutsche Bank Commercial Mortgage Trust, Series 2020-C9, Class XA, 1.70%, 09/15/2053 (Callable 06/15/2030) <sup>(d)(e)</sup> | Citigroup/Deutsche Bank Commercial Mortgage Trust, Series 2020-C9, Class XA, 1.70%, 09/15/2053 (Callable 06/15/2030) <sup>(d)(e)</sup> | 560382 | 25755 |
|  CSTL Commercial Mortgage Trust, Series 2024-GATE, Class A, 4.92%, 11/10/2041 <sup>(c)(e)</sup> | CSTL Commercial Mortgage Trust, Series 2024-GATE, Class A, 4.92%, 11/10/2041 <sup>(c)(e)</sup> | 100000 | 100319 |
|  DK Trust, Series 2024-SPBX, Class A, 5.65% (1 mo. Term SOFR + 1.50%), 03/15/2034, (1.50% Floor) <sup>(c)</sup> | DK Trust, Series 2024-SPBX, Class A, 5.65% (1 mo. Term SOFR + 1.50%), 03/15/2034, (1.50% Floor) <sup>(c)</sup> | 150000 | 150375 |
| Federal Home Loan Mortgage Corp. | Federal Home Loan Mortgage Corp. | Federal Home Loan Mortgage Corp. | Federal Home Loan Mortgage Corp. |
| &nbsp;&nbsp; Series 5410, Class DF, 5.81% (30 day avg SOFR US + 1.45%), 05/25/2054, (1.45% Floor), (6.75% Cap) | &nbsp;&nbsp; Series 5410, Class DF, 5.81% (30 day avg SOFR US + 1.45%), 05/25/2054, (1.45% Floor), (6.75% Cap) | 486283 | 489758 |
| &nbsp;&nbsp; Series 5481, Class FA, 5.76% (30 day avg SOFR US + 1.40%), 12/25/2054, (1.40% Floor), (6.50% Cap) | &nbsp;&nbsp; Series 5481, Class FA, 5.76% (30 day avg SOFR US + 1.40%), 12/25/2054, (1.40% Floor), (6.50% Cap) | 172927 | 173447 |
| &nbsp;&nbsp; Series 5483, Class FD, 5.66% (30 day avg SOFR US + 1.30%), 12/25/2054, (1.30% Floor), (6.50% Cap) | &nbsp;&nbsp; Series 5483, Class FD, 5.66% (30 day avg SOFR US + 1.30%), 12/25/2054, (1.30% Floor), (6.50% Cap) | 171060 | 171627 |
| &nbsp;&nbsp; Series 5583, Class FA, 5.60% (30 day avg SOFR US + 1.25%), 10/25/2055, (1.25% Floor), (6.50% Cap) | &nbsp;&nbsp; Series 5583, Class FA, 5.60% (30 day avg SOFR US + 1.25%), 10/25/2055, (1.25% Floor), (6.50% Cap) | 200000 | 200507 |
| &nbsp;&nbsp; Series K110, Class X1, 1.76%, 04/25/2030 (Callable 04/25/2030) <sup>(d)(e)</sup> | &nbsp;&nbsp; Series K110, Class X1, 1.76%, 04/25/2030 (Callable 04/25/2030) <sup>(d)(e)</sup> | 372468 | 22266 |
| &nbsp;&nbsp; Series K118, Class X1, 1.04%, 09/25/2030 (Callable 06/25/2030) <sup>(d)(e)</sup> | &nbsp;&nbsp; Series K118, Class X1, 1.04%, 09/25/2030 (Callable 06/25/2030) <sup>(d)(e)</sup> | 982766 | 37924 |
| &nbsp;&nbsp; Series K123, Class X1, 0.86%, 12/25/2030 (Callable 10/25/2030) <sup>(d)(e)</sup> | &nbsp;&nbsp; Series K123, Class X1, 0.86%, 12/25/2030 (Callable 10/25/2030) <sup>(d)(e)</sup> | 1379261 | 44747 |
| &nbsp;&nbsp; Series K151, Class X1, 0.49%, 04/25/2030 (Callable 02/25/2030) <sup>(d)(e)</sup> | &nbsp;&nbsp; Series K151, Class X1, 0.49%, 04/25/2030 (Callable 02/25/2030) <sup>(d)(e)</sup> | 2350786 | 31662 |
| Federal National Mortgage Association | Federal National Mortgage Association | Federal National Mortgage Association | Federal National Mortgage Association |
| &nbsp;&nbsp; Series 2024-100, Class FD, 5.81% (30 day avg SOFR US + 1.45%), 06/25/2054, (1.45% Floor), (6.50% Cap) | &nbsp;&nbsp; Series 2024-100, Class FD, 5.81% (30 day avg SOFR US + 1.45%), 06/25/2054, (1.45% Floor), (6.50% Cap) | 807630 | 811736 |
| &nbsp;&nbsp; Series 2024-103, Class FM, 5.86% (30 day avg SOFR US + 1.50%), 01/25/2055, (1.50% Floor), (6.50% Cap) | &nbsp;&nbsp; Series 2024-103, Class FM, 5.86% (30 day avg SOFR US + 1.50%), 01/25/2055, (1.50% Floor), (6.50% Cap) | 166418 | 167391 |
| &nbsp;&nbsp; Series 2024-86, Class FA, 5.81% (30 day avg SOFR US + 1.45%), 12/25/2054, (1.45% Floor), (6.50% Cap) | &nbsp;&nbsp; Series 2024-86, Class FA, 5.81% (30 day avg SOFR US + 1.45%), 12/25/2054, (1.45% Floor), (6.50% Cap) | 86444 | 86802 |
| &nbsp;&nbsp; Series 2024-93, Class FL, 5.81% (30 day avg SOFR US + 1.45%), 12/25/2054, (1.45% Floor), (6.50% Cap) | &nbsp;&nbsp; Series 2024-93, Class FL, 5.81% (30 day avg SOFR US + 1.45%), 12/25/2054, (1.45% Floor), (6.50% Cap) | 1356180 | 1363075 |
|  FS Commercial Mortgage Trust, Series 2024-HULA, Class A, 5.96% (1 mo. Term SOFR + 1.81%), 08/15/2039, (1.81% Floor) <sup>(c)</sup> | FS Commercial Mortgage Trust, Series 2024-HULA, Class A, 5.96% (1 mo. Term SOFR + 1.81%), 08/15/2039, (1.81% Floor) <sup>(c)</sup> | 150000 | 150235 |
|  Great Wolf Trust, Series 2024-WOLF, Class A, 5.69% (1 mo. Term SOFR + 1.54%), 03/15/2039, (1.54% Floor) <sup>(c)</sup> | Great Wolf Trust, Series 2024-WOLF, Class A, 5.69% (1 mo. Term SOFR + 1.54%), 03/15/2039, (1.54% Floor) <sup>(c)</sup> | 150000 | 150455 |
|  Greystone Commercial Real Estate Notes, Series 2021-FL3, Class C, 6.26% (1 mo. Term SOFR + 2.11%), 07/15/2039, (2.00% Floor) (Callable 10/15/2025) <sup>(c)</sup> | Greystone Commercial Real Estate Notes, Series 2021-FL3, Class C, 6.26% (1 mo. Term SOFR + 2.11%), 07/15/2039, (2.00% Floor) (Callable 10/15/2025) <sup>(c)</sup> | 275000 | 272735 |
|  GS Mortgage Securities Corp. II, Series 2024-FAIR, Class A, 6.07%, 07/15/2029 <sup>(c)(e)</sup> | GS Mortgage Securities Corp. II, Series 2024-FAIR, Class A, 6.07%, 07/15/2029 <sup>(c)(e)</sup> | 225000 | 231654 |
|  GS Mortgage-Backed Securities Trust, Series 2024-PJ9, Class A3, 5.00%, 02/25/2055 (Callable 12/25/2034) <sup>(c)(e)</sup> | GS Mortgage-Backed Securities Trust, Series 2024-PJ9, Class A3, 5.00%, 02/25/2055 (Callable 12/25/2034) <sup>(c)(e)</sup> | 74747 | 73699 |
| JP Morgan Mortgage Trust | JP Morgan Mortgage Trust | JP Morgan Mortgage Trust | JP Morgan Mortgage Trust |
| &nbsp;&nbsp; Series 2015-3, Class A3, 3.50%, 05/25/2045 (Callable 10/25/2025) <sup>(c)(e)</sup> | &nbsp;&nbsp; Series 2015-3, Class A3, 3.50%, 05/25/2045 (Callable 10/25/2025) <sup>(c)(e)</sup> | 40668 | 37607 |
| &nbsp;&nbsp; Series 2017-2, Class A3, 3.50%, 05/25/2047 (Callable 11/25/2028) <sup>(c)(e)</sup> | &nbsp;&nbsp; Series 2017-2, Class A3, 3.50%, 05/25/2047 (Callable 11/25/2028) <sup>(c)(e)</sup> | 41061 | 37054 |
| &nbsp;&nbsp; Series 2018-5, Class A1, 3.50%, 10/25/2048 (Callable 04/25/2027) <sup>(c)(e)</sup> | &nbsp;&nbsp; Series 2018-5, Class A1, 3.50%, 10/25/2048 (Callable 04/25/2027) <sup>(c)(e)</sup> | 71296 | 63979 |
| &nbsp;&nbsp; Series 2019-1, Class A3, 4.00%, 05/25/2049 (Callable 10/25/2025) <sup>(c)(e)</sup> | &nbsp;&nbsp; Series 2019-1, Class A3, 4.00%, 05/25/2049 (Callable 10/25/2025) <sup>(c)(e)</sup> | 7634 | 7114 |
| &nbsp;&nbsp; Series 2019-INV3, Class A3, 3.50%, 05/25/2050 (Callable 12/25/2040) <sup>(c)(e)</sup> | &nbsp;&nbsp; Series 2019-INV3, Class A3, 3.50%, 05/25/2050 (Callable 12/25/2040) <sup>(c)(e)</sup> | 56718 | 50849 |
| &nbsp;&nbsp; Series 2020-2, Class A15, 3.50%, 07/25/2050 (Callable 11/25/2036) <sup>(c)(e)</sup> | &nbsp;&nbsp; Series 2020-2, Class A15, 3.50%, 07/25/2050 (Callable 11/25/2036) <sup>(c)(e)</sup> | 57361 | 50695 |
| &nbsp;&nbsp; Series 2021-INV7, Class A3A, 2.50%, 02/25/2052 (Callable 12/25/2045) <sup>(c)(e)</sup> | &nbsp;&nbsp; Series 2021-INV7, Class A3A, 2.50%, 02/25/2052 (Callable 12/25/2045) <sup>(c)(e)</sup> | 267026 | 240114 |
| &nbsp;&nbsp; Series 2022-6, Class A3, 3.00%, 11/25/2052 (Callable 06/25/2048) <sup>(c)(e)</sup> | &nbsp;&nbsp; Series 2022-6, Class A3, 3.00%, 11/25/2052 (Callable 06/25/2048) <sup>(c)(e)</sup> | 160752 | 139032 |
| &nbsp;&nbsp; Series 2023-2, Class A3A, 5.00%, 07/25/2053 (Callable 02/25/2040) <sup>(c)(e)</sup> | &nbsp;&nbsp; Series 2023-2, Class A3A, 5.00%, 07/25/2053 (Callable 02/25/2040) <sup>(c)(e)</sup> | 66168 | 65240 |
|  Madison Avenue Trust, Series 2025-11MD, Class A, 4.75%, 10/15/2042 <sup>(c)(e)</sup> | Madison Avenue Trust, Series 2025-11MD, Class A, 4.75%, 10/15/2042 <sup>(c)(e)</sup> | 250000 | 249505 |
|  PMT Loan Trust, Series 2025-INV8, Class A2, 5.50%, 07/25/2056 (Callable 05/25/2038) <sup>(c)(e)</sup> | PMT Loan Trust, Series 2025-INV8, Class A2, 5.50%, 07/25/2056 (Callable 05/25/2038) <sup>(c)(e)</sup> | 98567 | 99237 |
|  PRM5 Trust, Series 2025-PRM5, Class B, 4.92%, 03/10/2033 <sup>(c)(e)</sup> | PRM5 Trust, Series 2025-PRM5, Class B, 4.92%, 03/10/2033 <sup>(c)(e)</sup> | 125000 | 124488 |
|  Provident Funding Mortgage Trust, Series 2021-J1, Class A10, 2.00%, 10/25/2051 (Callable 08/25/2044) <sup>(c)(e)</sup> | Provident Funding Mortgage Trust, Series 2021-J1, Class A10, 2.00%, 10/25/2051 (Callable 08/25/2044) <sup>(c)(e)</sup> | 100000 | 62496 |
| Sequoia Mortgage Trust | Sequoia Mortgage Trust | Sequoia Mortgage Trust | Sequoia Mortgage Trust |
| &nbsp;&nbsp; Series 2019-CH2, Class A1, 4.50%, 08/25/2049 (Callable 10/25/2025) <sup>(c)(e)</sup> | &nbsp;&nbsp; Series 2019-CH2, Class A1, 4.50%, 08/25/2049 (Callable 10/25/2025) <sup>(c)(e)</sup> | 37 | 37 |
| &nbsp;&nbsp; Series 2019-CH3, Class A1, 4.00%, 09/25/2049 (Callable 08/25/2033) <sup>(c)(e)</sup> | &nbsp;&nbsp; Series 2019-CH3, Class A1, 4.00%, 09/25/2049 (Callable 08/25/2033) <sup>(c)(e)</sup> | 4657 | 4362 |
| &nbsp;&nbsp; Series 2020-4, Class A8, 2.50%, 11/25/2050 (Callable 05/25/2046) <sup>(c)(e)</sup> | &nbsp;&nbsp; Series 2020-4, Class A8, 2.50%, 11/25/2050 (Callable 05/25/2046) <sup>(c)(e)</sup> | 200000 | 146578 |
| &nbsp;&nbsp; Series 2025-1, Class A1, 6.00%, 01/25/2055 (Callable 09/25/2035) <sup>(c)(e)</sup> | &nbsp;&nbsp; Series 2025-1, Class A1, 6.00%, 01/25/2055 (Callable 09/25/2035) <sup>(c)(e)</sup> | 87422 | 88658 |
|  SLG Office Trust, Series 2021-OVA, Class A, 2.59%, 07/15/2041 <sup>(c)</sup> | SLG Office Trust, Series 2021-OVA, Class A, 2.59%, 07/15/2041 <sup>(c)</sup> | 190000 | 168650 |
|  Tharaldson Hotel Portfolio Trust, Series 2023-THL, Class A, 7.23%, 12/10/2034 <sup>(c)(e)</sup> | Tharaldson Hotel Portfolio Trust, Series 2023-THL, Class A, 7.23%, 12/10/2034 <sup>(c)(e)</sup> | 198824 | 201855 |
|  Wells Fargo Mortgage Backed Securities Trust, Series 2020-RR1, Class A1, 3.00% (1 Month U.S. LIBOR + 0.00%), 05/25/2050 (Callable 04/25/2034) <sup>(c)(e)(f)</sup> | Wells Fargo Mortgage Backed Securities Trust, Series 2020-RR1, Class A1, 3.00% (1 Month U.S. LIBOR + 0.00%), 05/25/2050 (Callable 04/25/2034) <sup>(c)(e)(f)</sup> | 78033 | 68089 |
|  WF-RBS Commercial Mortgage Trust, Series 2014-C21, Class B, 4.21%, 08/15/2047 (Callable 07/15/2026) <sup>(e)</sup> | WF-RBS Commercial Mortgage Trust, Series 2014-C21, Class B, 4.21%, 08/15/2047 (Callable 07/15/2026) <sup>(e)</sup> | 130747 | 127277 |
| **TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS** (Cost $9,247,788) | **TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS** (Cost $9,247,788) | **TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS** (Cost $9,247,788) | 9016860 |
| **AFFILIATED REGISTERED INVESTMENT COMPANIES - 2.6%** | **AFFILIATED REGISTERED INVESTMENT COMPANIES - 2.6%** | **Shares** | **Value**  |
| Voya VACS Series EMHCD Fund | Voya VACS Series EMHCD Fund | 180 | 1916 |
| Voya VACS Series HYB Fund | Voya VACS Series HYB Fund | 110344 | 1147577 |
| Voya VACS Series SC Fund - Class SC | Voya VACS Series SC Fund - Class SC | 596940 | 6357416 |
| **TOTAL AFFILIATED REGISTERED INVESTMENT COMPANIES** (Cost $7,510,725) | **TOTAL AFFILIATED REGISTERED INVESTMENT COMPANIES** (Cost $7,510,725) | **TOTAL AFFILIATED REGISTERED INVESTMENT COMPANIES** (Cost $7,510,725) | 7506909 |
| **CORPORATE BONDS - 2.0%** | **CORPORATE BONDS - 2.0%** | **Par** | **Value**  |
| **Communication Services - 0.2%** | **Communication Services - 0.2%** | **Communication Services - 0.2%** | **Communication Services - 0.2%** |
|  AT&T, Inc., 2.25%, 02/01/2032 (Callable 11/01/2031) | AT&T, Inc., 2.25%, 02/01/2032 (Callable 11/01/2031) | 130000 | 113531 |
|  Meta Platforms, Inc., 3.50%, 08/15/2027 (Callable 07/15/2027) | Meta Platforms, Inc., 3.50%, 08/15/2027 (Callable 07/15/2027) | 17000 | 16932 |
| T-Mobile USA, Inc. | T-Mobile USA, Inc. | T-Mobile USA, Inc. | T-Mobile USA, Inc. |
| &nbsp;&nbsp; 2.25%, 02/15/2026 (Callable 10/11/2025) | &nbsp;&nbsp; 2.25%, 02/15/2026 (Callable 10/11/2025) | 107000 | 106155 |
| &nbsp;&nbsp; 2.05%, 02/15/2028 (Callable 12/15/2027) | &nbsp;&nbsp; 2.05%, 02/15/2028 (Callable 12/15/2027) | 20000 | 19068 |
| &nbsp;&nbsp; 3.38%, 04/15/2029 (Callable 10/11/2025) | &nbsp;&nbsp; 3.38%, 04/15/2029 (Callable 10/11/2025) | 15000 | 14518 |
| Verizon Communications, Inc. | Verizon Communications, Inc. | Verizon Communications, Inc. | Verizon Communications, Inc. |
| &nbsp;&nbsp; 2.36%, 03/15/2032 (Callable 12/15/2031) | &nbsp;&nbsp; 2.36%, 03/15/2032 (Callable 12/15/2031) | 139000 | 121899 |
| &nbsp;&nbsp; 4.78%, 02/15/2035 (Callable 11/15/2034) | &nbsp;&nbsp; 4.78%, 02/15/2035 (Callable 11/15/2034) | 60000 | 59063 |
|  Walt Disney Co., 2.00%, 09/01/2029 (Callable 06/01/2029) | Walt Disney Co., 2.00%, 09/01/2029 (Callable 06/01/2029) | 60000 | 55594 |
|  |  |  | 506760 |
| **Consumer Discretionary - 0.1%** | **Consumer Discretionary - 0.1%** | **Consumer Discretionary - 0.1%** | **Consumer Discretionary - 0.1%** |
|  Amazon.com, Inc., 1.50%, 06/03/2030 (Callable 03/03/2030) | Amazon.com, Inc., 1.50%, 06/03/2030 (Callable 03/03/2030) | 87000 | 77865 |
|  Home Depot, Inc., 1.50%, 09/15/2028 (Callable 07/15/2028) | Home Depot, Inc., 1.50%, 09/15/2028 (Callable 07/15/2028) | 90000 | 84182 |
|  Lowe's Cos., Inc., 3.35%, 04/01/2027 (Callable 03/01/2027) | Lowe's Cos., Inc., 3.35%, 04/01/2027 (Callable 03/01/2027) | 60000 | 59416 |
|  O'Reilly Automotive, Inc., 3.60%, 09/01/2027 (Callable 06/01/2027) | O'Reilly Automotive, Inc., 3.60%, 09/01/2027 (Callable 06/01/2027) | 124000 | 122888 |
|  |  |  | 344351 |
| **Consumer Staples - 0.1%** | **Consumer Staples - 0.1%** | **Consumer Staples - 0.1%** | **Consumer Staples - 0.1%** |
|  Nestle Holdings, Inc., 5.25%, 03/13/2026 <sup>(c)</sup> | Nestle Holdings, Inc., 5.25%, 03/13/2026 <sup>(c)</sup> | 150000 | 150731 |
|  PepsiCo, Inc., 2.63%, 07/29/2029 (Callable 04/29/2029) | PepsiCo, Inc., 2.63%, 07/29/2029 (Callable 04/29/2029) | 69000 | 65613 |
|  Walmart, Inc., 1.05%, 09/17/2026 (Callable 08/17/2026) | Walmart, Inc., 1.05%, 09/17/2026 (Callable 08/17/2026) | 90000 | 87787 |
|  |  |  | 304131 |
| **Energy - 0.2%** | **Energy - 0.2%** | **Energy - 0.2%** | **Energy - 0.2%** |
|  Enbridge, Inc., 1.60%, 10/04/2026 (Callable 09/04/2026) | Enbridge, Inc., 1.60%, 10/04/2026 (Callable 09/04/2026) | 97000 | 94520 |
|  Enterprise Products Operating LLC, 2.80%, 01/31/2030 (Callable 10/31/2029) | Enterprise Products Operating LLC, 2.80%, 01/31/2030 (Callable 10/31/2029) | 65000 | 61350 |
|  Kinder Morgan, Inc., 1.75%, 11/15/2026 (Callable 10/15/2026) | Kinder Morgan, Inc., 1.75%, 11/15/2026 (Callable 10/15/2026) | 65000 | 63300 |
|  MPLX LP, 2.65%, 08/15/2030 (Callable 05/15/2030) | MPLX LP, 2.65%, 08/15/2030 (Callable 05/15/2030) | 29000 | 26619 |
|  Ovintiv, Inc., 5.38%, 01/01/2026 (Callable 10/31/2025) | Ovintiv, Inc., 5.38%, 01/01/2026 (Callable 10/31/2025) | 86000 | 86035 |
|  Plains All American Pipeline LP / PAA Finance Corp., 4.65%, 10/15/2025 (Callable 10/03/2025) | Plains All American Pipeline LP / PAA Finance Corp., 4.65%, 10/15/2025 (Callable 10/03/2025) | 86000 | 86001 |
|  Sabine Pass Liquefaction LLC, 5.00%, 03/15/2027 (Callable 09/15/2026) | Sabine Pass Liquefaction LLC, 5.00%, 03/15/2027 (Callable 09/15/2026) | 50000 | 50336 |
|  |  |  | 468161 |
| **Financials - 0.7%** | **Financials - 0.7%** | **Financials - 0.7%** | **Financials - 0.7%** |
|  Aviation Capital Group LLC, 5.13%, 04/10/2030 (Callable 03/10/2030) <sup>(c)</sup> | Aviation Capital Group LLC, 5.13%, 04/10/2030 (Callable 03/10/2030) <sup>(c)</sup> | 40000 | 40637 |
| Bank of America Corp. | Bank of America Corp. | Bank of America Corp. | Bank of America Corp. |
| &nbsp;&nbsp; 1.73% to 07/22/2026 then SOFR + 0.96%, 07/22/2027 (Callable 07/22/2026) | &nbsp;&nbsp; 1.73% to 07/22/2026 then SOFR + 0.96%, 07/22/2027 (Callable 07/22/2026) | 279000 | 273451 |
| &nbsp;&nbsp; 3.59% to 07/21/2027 then 3 mo. Term SOFR + 1.63%, 07/21/2028 (Callable 07/21/2027) | &nbsp;&nbsp; 3.59% to 07/21/2027 then 3 mo. Term SOFR + 1.63%, 07/21/2028 (Callable 07/21/2027) | 42000 | 41621 |
| &nbsp;&nbsp; 3.42% to 12/20/2027 then 3 mo. Term SOFR + 1.30%, 12/20/2028 (Callable 12/20/2027) | &nbsp;&nbsp; 3.42% to 12/20/2027 then 3 mo. Term SOFR + 1.30%, 12/20/2028 (Callable 12/20/2027) | 15000 | 14778 |
| &nbsp;&nbsp; 2.59% to 04/29/2030 then SOFR + 2.15%, 04/29/2031 (Callable 04/29/2030) | &nbsp;&nbsp; 2.59% to 04/29/2030 then SOFR + 2.15%, 04/29/2031 (Callable 04/29/2030) | 147000 | 136352 |
|  Bank of Nova Scotia, 2.70%, 08/03/2026 | Bank of Nova Scotia, 2.70%, 08/03/2026 | 94000 | 92937 |
| Blackstone Holdings Finance Co. LLC | Blackstone Holdings Finance Co. LLC | Blackstone Holdings Finance Co. LLC | Blackstone Holdings Finance Co. LLC |
| &nbsp;&nbsp; 1.63%, 08/05/2028 (Callable 06/05/2028) <sup>(c)</sup> | &nbsp;&nbsp; 1.63%, 08/05/2028 (Callable 06/05/2028) <sup>(c)</sup> | 94000 | 87697 |
| &nbsp;&nbsp; 2.50%, 01/10/2030 (Callable 10/10/2029) <sup>(c)</sup> | &nbsp;&nbsp; 2.50%, 01/10/2030 (Callable 10/10/2029) <sup>(c)</sup> | 37000 | 34428 |
|  Capital One Financial Corp., 1.88% to 11/02/2026 then SOFR + 0.86%, 11/02/2027 (Callable 11/02/2026) | Capital One Financial Corp., 1.88% to 11/02/2026 then SOFR + 0.86%, 11/02/2027 (Callable 11/02/2026) | 83000 | 80803 |
|  Fiserv, Inc., 5.45%, 03/02/2028 (Callable 02/02/2028) | Fiserv, Inc., 5.45%, 03/02/2028 (Callable 02/02/2028) | 85000 | 87332 |
|  Global Payments, Inc., 1.20% (SOFR Rate + 0.00%), 03/01/2026 (Callable 02/01/2026) | Global Payments, Inc., 1.20% (SOFR Rate + 0.00%), 03/01/2026 (Callable 02/01/2026) | 32000 | 31575 |
|  HSBC Holdings PLC, 2.21% to 08/17/2028 then SOFR + 1.29%, 08/17/2029 (Callable 08/17/2028) | HSBC Holdings PLC, 2.21% to 08/17/2028 then SOFR + 1.29%, 08/17/2029 (Callable 08/17/2028) | 200000 | 188743 |
| JPMorgan Chase & Co. | JPMorgan Chase & Co. | JPMorgan Chase & Co. | JPMorgan Chase & Co. |
| &nbsp;&nbsp; 1.47% to 09/22/2026 then SOFR + 0.77%, 09/22/2027 (Callable 09/22/2026) | &nbsp;&nbsp; 1.47% to 09/22/2026 then SOFR + 0.77%, 09/22/2027 (Callable 09/22/2026) | 142000 | 138461 |
| &nbsp;&nbsp; 2.95% to 02/24/2027 then SOFR + 1.17%, 02/24/2028 (Callable 02/24/2027) | &nbsp;&nbsp; 2.95% to 02/24/2027 then SOFR + 1.17%, 02/24/2028 (Callable 02/24/2027) | 44000 | 43224 |
| &nbsp;&nbsp; 2.07% to 06/01/2028 then SOFR + 1.02%, 06/01/2029 (Callable 06/01/2028) | &nbsp;&nbsp; 2.07% to 06/01/2028 then SOFR + 1.02%, 06/01/2029 (Callable 06/01/2028) | 46000 | 43633 |
| &nbsp;&nbsp; 1.95% to 02/04/2031 then SOFR + 1.07%, 02/04/2032 (Callable 02/04/2031) | &nbsp;&nbsp; 1.95% to 02/04/2031 then SOFR + 1.07%, 02/04/2032 (Callable 02/04/2031) | 17000 | 15006 |
| &nbsp;&nbsp; 2.58% to 04/22/2031 then 3 mo. Term SOFR + 1.25%, 04/22/2032 (Callable 04/22/2031) | &nbsp;&nbsp; 2.58% to 04/22/2031 then 3 mo. Term SOFR + 1.25%, 04/22/2032 (Callable 04/22/2031) | 62000 | 56431 |
|  Kite Realty Group LP, 4.00%, 10/01/2026 (Callable 07/01/2026) | Kite Realty Group LP, 4.00%, 10/01/2026 (Callable 07/01/2026) | 65000 | 64744 |
| Morgan Stanley | Morgan Stanley | Morgan Stanley | Morgan Stanley |
| &nbsp;&nbsp; 0.99% to 12/10/2025 then SOFR + 0.72%, 12/10/2026 (Callable 12/10/2025) | &nbsp;&nbsp; 0.99% to 12/10/2025 then SOFR + 0.72%, 12/10/2026 (Callable 12/10/2025) | 24000 | 23819 |
| &nbsp;&nbsp; 1.59% to 05/04/2026 then SOFR + 0.88%, 05/04/2027 (Callable 05/04/2026) | &nbsp;&nbsp; 1.59% to 05/04/2026 then SOFR + 0.88%, 05/04/2027 (Callable 05/04/2026) | 159000 | 156409 |
| &nbsp;&nbsp; 1.51% to 07/20/2026 then SOFR + 0.86%, 07/20/2027 (Callable 07/20/2026) | &nbsp;&nbsp; 1.51% to 07/20/2026 then SOFR + 0.86%, 07/20/2027 (Callable 07/20/2026) | 67000 | 65578 |
| &nbsp;&nbsp; 6.30% to 10/18/2027 then SOFR + 2.24%, 10/18/2028 (Callable 10/18/2027) | &nbsp;&nbsp; 6.30% to 10/18/2027 then SOFR + 2.24%, 10/18/2028 (Callable 10/18/2027) | 38000 | 39610 |
| &nbsp;&nbsp; 2.24% to 07/21/2031 then SOFR + 1.18%, 07/21/2032 (Callable 07/21/2031) | &nbsp;&nbsp; 2.24% to 07/21/2031 then SOFR + 1.18%, 07/21/2032 (Callable 07/21/2031) | 31000 | 27395 |
| &nbsp;&nbsp; 5.25% to 04/21/2033 then SOFR + 1.87%, 04/21/2034 (Callable 04/21/2033) | &nbsp;&nbsp; 5.25% to 04/21/2033 then SOFR + 1.87%, 04/21/2034 (Callable 04/21/2033) | 92000 | 94864 |
| &nbsp;&nbsp; 5.30% to 04/20/2032 then SOFR + 2.62%, 04/20/2037 (Callable 04/20/2032) | &nbsp;&nbsp; 5.30% to 04/20/2032 then SOFR + 2.62%, 04/20/2037 (Callable 04/20/2032) | 5000 | 5061 |
|  Royal Bank of Canada, 1.20%, 04/27/2026 | Royal Bank of Canada, 1.20%, 04/27/2026 | 70000 | 68948 |
|  Sumitomo Mitsui Trust Bank Ltd., 2.80%, 03/10/2027 <sup>(c)</sup> | Sumitomo Mitsui Trust Bank Ltd., 2.80%, 03/10/2027 <sup>(c)</sup> | 63000 | 61848 |
|  US Bancorp, 4.55% to 07/22/2027 then SOFR + 1.66%, 07/22/2028 (Callable 07/22/2027) | US Bancorp, 4.55% to 07/22/2027 then SOFR + 1.66%, 07/22/2028 (Callable 07/22/2027) | 35000 | 35219 |
| Wells Fargo & Co. | Wells Fargo & Co. | Wells Fargo & Co. | Wells Fargo & Co. |
| &nbsp;&nbsp; 3.53% to 03/24/2027 then SOFR + 1.51%, 03/24/2028 (Callable 03/24/2027) | &nbsp;&nbsp; 3.53% to 03/24/2027 then SOFR + 1.51%, 03/24/2028 (Callable 03/24/2027) | 21000 | 20813 |
| &nbsp;&nbsp; 3.58% to 05/22/2027 then 3 mo. Term SOFR + 1.57%, 05/22/2028 (Callable 05/22/2027) <sup>(g)</sup> | &nbsp;&nbsp; 3.58% to 05/22/2027 then 3 mo. Term SOFR + 1.57%, 05/22/2028 (Callable 05/22/2027) <sup>(g)</sup> | 16000 | 15860 |
|  |  |  | 2087277 |
| **Health Care - 0.2%** | **Health Care - 0.2%** | **Health Care - 0.2%** | **Health Care - 0.2%** |
|  Amgen, Inc., 5.15%, 03/02/2028 (Callable 02/02/2028) | Amgen, Inc., 5.15%, 03/02/2028 (Callable 02/02/2028) | 92000 | 94087 |
|  CVS Health Corp., 1.75% (SOFR Rate + 0.00%), 08/21/2030 (Callable 05/21/2030) <sup>(g)</sup> | CVS Health Corp., 1.75% (SOFR Rate + 0.00%), 08/21/2030 (Callable 05/21/2030) <sup>(g)</sup> | 130000 | 114126 |
|  HCA, Inc., 4.13%, 06/15/2029 (Callable 03/15/2029) <sup>(g)</sup> | HCA, Inc., 4.13%, 06/15/2029 (Callable 03/15/2029) <sup>(g)</sup> | 86000 | 85177 |
| Royalty Pharma PLC | Royalty Pharma PLC | Royalty Pharma PLC | Royalty Pharma PLC |
| &nbsp;&nbsp; 1.75%, 09/02/2027 (Callable 07/02/2027) | &nbsp;&nbsp; 1.75%, 09/02/2027 (Callable 07/02/2027) | 153000 | 146220 |
| &nbsp;&nbsp; 2.20%, 09/02/2030 (Callable 06/02/2030) | &nbsp;&nbsp; 2.20%, 09/02/2030 (Callable 06/02/2030) | 45000 | 40302 |
|  |  |  | 479912 |
| **Industrials - 0.0%<sup>(h)</sup>** | **Industrials - 0.0%<sup>(h)</sup>** | **Industrials - 0.0%<sup>(h)</sup>** | **Industrials - 0.0%<sup>(h)</sup>** |
|  Carrier Global Corp., 2.72%, 02/15/2030 (Callable 11/15/2029) | Carrier Global Corp., 2.72%, 02/15/2030 (Callable 11/15/2029) | 123000 | 114992 |
| **Information Technology - 0.2%** | **Information Technology - 0.2%** | **Information Technology - 0.2%** | **Information Technology - 0.2%** |
|  Apple, Inc., 1.20%, 02/08/2028 (Callable 12/08/2027) | Apple, Inc., 1.20%, 02/08/2028 (Callable 12/08/2027) | 76000 | 71599 |
|  Broadcom, Inc., 3.46%, 09/15/2026 (Callable 07/15/2026) | Broadcom, Inc., 3.46%, 09/15/2026 (Callable 07/15/2026) | 61000 | 60684 |
| Oracle Corp. | Oracle Corp. | Oracle Corp. | Oracle Corp. |
| &nbsp;&nbsp; 3.25%, 11/15/2027 (Callable 08/15/2027) | &nbsp;&nbsp; 3.25%, 11/15/2027 (Callable 08/15/2027) | 92000 | 90318 |
| &nbsp;&nbsp; 2.95%, 04/01/2030 (Callable 01/01/2030) | &nbsp;&nbsp; 2.95%, 04/01/2030 (Callable 01/01/2030) | 176000 | 165520 |
|  VMware LLC, 2.20%, 08/15/2031 (Callable 05/15/2031) | VMware LLC, 2.20%, 08/15/2031 (Callable 05/15/2031) | 51000 | 44685 |
|  |  |  | 432806 |
| **Materials - 0.1%** | **Materials - 0.1%** | **Materials - 0.1%** | **Materials - 0.1%** |
|  Ecolab, Inc., 4.80%, 03/24/2030 (Callable 12/24/2029) | Ecolab, Inc., 4.80%, 03/24/2030 (Callable 12/24/2029) | 54000 | 55291 |
|  Nucor Corp., 4.30%, 05/23/2027 (Callable 04/23/2027) | Nucor Corp., 4.30%, 05/23/2027 (Callable 04/23/2027) | 59000 | 59242 |
|  Nutrien Ltd., 5.95%, 11/07/2025 | Nutrien Ltd., 5.95%, 11/07/2025 | 83000 | 82970 |
|  PPG Industries, Inc., 1.20%, 03/15/2026 (Callable 02/15/2026) | PPG Industries, Inc., 1.20%, 03/15/2026 (Callable 02/15/2026) | 97000 | 95646 |
|  Steel Dynamics, Inc., 1.65%, 10/15/2027 (Callable 08/15/2027) | Steel Dynamics, Inc., 1.65%, 10/15/2027 (Callable 08/15/2027) | 65000 | 61770 |
|  |  |  | 354919 |
| **Real Estate - 0.0%<sup>(h)</sup>** | **Real Estate - 0.0%<sup>(h)</sup>** | **Real Estate - 0.0%<sup>(h)</sup>** | **Real Estate - 0.0%<sup>(h)</sup>** |
|  Equinix, Inc., 2.90%, 11/18/2026 (Callable 09/18/2026) | Equinix, Inc., 2.90%, 11/18/2026 (Callable 09/18/2026) | 49000 | 48284 |
|  Realty Income Corp., 3.25%, 01/15/2031 (Callable 10/15/2030) | Realty Income Corp., 3.25%, 01/15/2031 (Callable 10/15/2030) | 96000 | 90612 |
|  |  |  | 138896 |
| **Utilities - 0.2%** | **Utilities - 0.2%** | **Utilities - 0.2%** | **Utilities - 0.2%** |
|  AES Corp., 1.38%, 01/15/2026 (Callable 12/15/2025) | AES Corp., 1.38%, 01/15/2026 (Callable 12/15/2025) | 66000 | 65412 |
|  Ameren Illinois Co., 3.80%, 05/15/2028 (Callable 02/15/2028) | Ameren Illinois Co., 3.80%, 05/15/2028 (Callable 02/15/2028) | 62000 | 61709 |
|  Duke Energy Corp., 3.15%, 08/15/2027 (Callable 05/15/2027) | Duke Energy Corp., 3.15%, 08/15/2027 (Callable 05/15/2027) | 132000 | 129827 |
|  NextEra Energy Capital Holdings, Inc., 4.63%, 07/15/2027 (Callable 06/15/2027) | NextEra Energy Capital Holdings, Inc., 4.63%, 07/15/2027 (Callable 06/15/2027) | 87000 | 87862 |
|  Sierra Pacific Power Co., 2.60%, 05/01/2026 (Callable 02/01/2026) | Sierra Pacific Power Co., 2.60%, 05/01/2026 (Callable 02/01/2026) | 106000 | 105122 |
|  Southwestern Electric Power Co., 1.65%, 03/15/2026 (Callable 02/15/2026) | Southwestern Electric Power Co., 1.65%, 03/15/2026 (Callable 02/15/2026) | 70000 | 69146 |
|  WEC Energy Group, Inc., 5.15%, 10/01/2027 (Callable 09/01/2027) | WEC Energy Group, Inc., 5.15%, 10/01/2027 (Callable 09/01/2027) | 57000 | 58041 |
|  |  |  | 577119 |
| **TOTAL CORPORATE BONDS** (Cost $5,940,275) | **TOTAL CORPORATE BONDS** (Cost $5,940,275) | **TOTAL CORPORATE BONDS** (Cost $5,940,275) | 5809324 |
| **COLLATERALIZED LOAN OBLIGATIONS - 1.2%** | **COLLATERALIZED LOAN OBLIGATIONS - 1.2%** | **Par** | **Value**  |
|  ARES CLO, Series 2022-65A, Class A1R, 5.28% (3 mo. Term SOFR + 1.12%), 07/25/2034, (1.12% Floor) (Callable 07/25/2026) <sup>(c)</sup> | ARES CLO, Series 2022-65A, Class A1R, 5.28% (3 mo. Term SOFR + 1.12%), 07/25/2034, (1.12% Floor) (Callable 07/25/2026) <sup>(c)</sup> | 250000 | 250750 |
|  Bain Capital Credit CLO, Series 2020-5A, Class ARR, 5.34% (3 mo. Term SOFR + 1.15%), 04/20/2034, (1.15% Floor) (Callable 04/20/2026) <sup>(c)</sup> | Bain Capital Credit CLO, Series 2020-5A, Class ARR, 5.34% (3 mo. Term SOFR + 1.15%), 04/20/2034, (1.15% Floor) (Callable 04/20/2026) <sup>(c)</sup> | 250000 | 250154 |
|  CBAM Ltd., Series 2017-1A, Class AR2, 5.72% (3 mo. Term SOFR + 1.39%), 01/20/2038, (1.39% Floor) (Callable 01/20/2027) <sup>(c)</sup> | CBAM Ltd., Series 2017-1A, Class AR2, 5.72% (3 mo. Term SOFR + 1.39%), 01/20/2038, (1.39% Floor) (Callable 01/20/2027) <sup>(c)</sup> | 250000 | 250982 |
| CIFC Funding Ltd. | CIFC Funding Ltd. | CIFC Funding Ltd. | CIFC Funding Ltd. |
| &nbsp;&nbsp; Series 2022-1A, Class A, 5.64% (3 mo. Term SOFR + 1.32%), 04/17/2035, (1.32% Floor) (Callable 10/17/2025) <sup>(c)</sup> | &nbsp;&nbsp; Series 2022-1A, Class A, 5.64% (3 mo. Term SOFR + 1.32%), 04/17/2035, (1.32% Floor) (Callable 10/17/2025) <sup>(c)</sup> | 250000 | 250248 |
| &nbsp;&nbsp; Series 2022-4A, Class AR, 5.37% (3 mo. Term SOFR + 1.09%), 07/16/2035, (1.09% Floor) (Callable 07/16/2026) <sup>(c)</sup> | &nbsp;&nbsp; Series 2022-4A, Class AR, 5.37% (3 mo. Term SOFR + 1.09%), 07/16/2035, (1.09% Floor) (Callable 07/16/2026) <sup>(c)</sup> | 250000 | 250900 |
|  Empower CLO Ltd., Series 2025-1A, Class A, 5.64% (3 mo. Term SOFR + 1.31%), 07/20/2038, (1.31% Floor) (Callable 07/20/2027) <sup>(c)</sup> | Empower CLO Ltd., Series 2025-1A, Class A, 5.64% (3 mo. Term SOFR + 1.31%), 07/20/2038, (1.31% Floor) (Callable 07/20/2027) <sup>(c)</sup> | 250000 | 251164 |
|  Invesco CLO Ltd., Series 2021-3A, Class A1R, 5.23% (3 mo. Term SOFR + 1.08%), 10/22/2034, (1.08% Floor) <sup>(c)</sup> | Invesco CLO Ltd., Series 2021-3A, Class A1R, 5.23% (3 mo. Term SOFR + 1.08%), 10/22/2034, (1.08% Floor) <sup>(c)</sup> | 270000 | 270582 |
|  Neuberger Berman CLO Ltd., Series 2022-47A, Class AR, 0.00% (3 mo. Term SOFR + 1.09%), 04/16/2035, (1.09% Floor) <sup>(c)(j)</sup> | Neuberger Berman CLO Ltd., Series 2022-47A, Class AR, 0.00% (3 mo. Term SOFR + 1.09%), 04/16/2035, (1.09% Floor) <sup>(c)(j)</sup> | 250000 | 249658 |
|  OHA Credit Funding, Series 2019-4A, Class AR2, 5.62% (3 mo. Term SOFR + 1.29%), 01/22/2038, (1.29% Floor) (Callable 01/22/2027) <sup>(c)</sup> | OHA Credit Funding, Series 2019-4A, Class AR2, 5.62% (3 mo. Term SOFR + 1.29%), 01/22/2038, (1.29% Floor) (Callable 01/22/2027) <sup>(c)</sup> | 500000 | 501458 |
|  OZLM Ltd., Series 2016-15A, Class A1R3, 5.33% (3 mo. Term SOFR + 1.05%), 04/20/2033, (1.05% Floor) (Callable 04/20/2026) <sup>(c)</sup> | OZLM Ltd., Series 2016-15A, Class A1R3, 5.33% (3 mo. Term SOFR + 1.05%), 04/20/2033, (1.05% Floor) (Callable 04/20/2026) <sup>(c)</sup> | 250000 | 250062 |
|  Park Avenue Institutional Advisers CLO Ltd., Series 2021-1A, Class A1AR, 5.34% (3 mo. Term SOFR + 1.11%), 01/20/2034, (1.11% Floor) (Callable 04/20/2026) <sup>(c)</sup> | Park Avenue Institutional Advisers CLO Ltd., Series 2021-1A, Class A1AR, 5.34% (3 mo. Term SOFR + 1.11%), 01/20/2034, (1.11% Floor) (Callable 04/20/2026) <sup>(c)</sup> | 250000 | 250012 |
|  TCI-Symphony CLO Ltd., Series 2016-1A, Class AR2, 5.60% (3 mo. Term SOFR + 1.28%), 10/13/2032, (1.02% Floor) (Callable 10/13/2025) <sup>(c)</sup> | TCI-Symphony CLO Ltd., Series 2016-1A, Class AR2, 5.60% (3 mo. Term SOFR + 1.28%), 10/13/2032, (1.02% Floor) (Callable 10/13/2025) <sup>(c)</sup> | 261132 | 261383 |
| **TOTAL COLLATERALIZED LOAN OBLIGATIONS** (Cost $3,281,132) | **TOTAL COLLATERALIZED LOAN OBLIGATIONS** (Cost $3,281,132) | **TOTAL COLLATERALIZED LOAN OBLIGATIONS** (Cost $3,281,132) | 3287353 |
| **ASSET-BACKED SECURITIES - 1.1%** | **ASSET-BACKED SECURITIES - 1.1%** | **Par** | **Value**  |
| American Airlines Group, Inc. | American Airlines Group, Inc. | American Airlines Group, Inc. | American Airlines Group, Inc. |
| &nbsp;&nbsp; Series 2015-2, 3.60%, 09/22/2027 | &nbsp;&nbsp; Series 2015-2, 3.60%, 09/22/2027 | 50592 | 49506 |
| &nbsp;&nbsp; Series 2016-1, 3.58%, 01/15/2028 | &nbsp;&nbsp; Series 2016-1, 3.58%, 01/15/2028 | 2288 | 2236 |
| &nbsp;&nbsp; Series 2016-2, 3.20%, 06/15/2028 | &nbsp;&nbsp; Series 2016-2, 3.20%, 06/15/2028 | 25494 | 24632 |
|  Beacon Container Finance LLC, Series 2021-1A, Class A, 2.25%, 10/22/2046 <sup>(c)</sup> | Beacon Container Finance LLC, Series 2021-1A, Class A, 2.25%, 10/22/2046 <sup>(c)</sup> | 60833 | 56604 |
|  CarMax Auto Owner Trust, Series 2023-3, Class B, 5.47%, 02/15/2029 (Callable 06/15/2027) | CarMax Auto Owner Trust, Series 2023-3, Class B, 5.47%, 02/15/2029 (Callable 06/15/2027) | 150000 | 153416 |
|  CNH Equipment Trust, Series 2023-A, Class A4, 4.77%, 10/15/2030 (Callable 12/15/2027) | CNH Equipment Trust, Series 2023-A, Class A4, 4.77%, 10/15/2030 (Callable 12/15/2027) | 250000 | 252770 |
|  COLT Funding LLC, Series 2021-2, Class A1, 0.92%, 08/25/2066 (Callable 10/25/2025) <sup>(c)(e)</sup> | COLT Funding LLC, Series 2021-2, Class A1, 0.92%, 08/25/2066 (Callable 10/25/2025) <sup>(c)(e)</sup> | 173119 | 148100 |
|  Container Leasing International LLC, Series 2022-1A, Class A, 2.72%, 01/18/2047 <sup>(c)</sup> | Container Leasing International LLC, Series 2022-1A, Class A, 2.72%, 01/18/2047 <sup>(c)</sup> | 87267 | 80671 |
|  Exeter Automobile Receivables Trust, Series 2025-4A, Class A3, 4.39%, 09/17/2029 (Callable 09/17/2029) | Exeter Automobile Receivables Trust, Series 2025-4A, Class A3, 4.39%, 09/17/2029 (Callable 09/17/2029) | 150000 | 150631 |
|  FedEx Corp., Series 2020-1AA, 1.88%, 02/20/2034 | FedEx Corp., Series 2020-1AA, 1.88%, 02/20/2034 | 162645 | 141308 |
|  General Motors Financial Co., Inc., Series 2021-2, Class C, 1.01%, 01/19/2027 (Callable 01/18/2026) | General Motors Financial Co., Inc., Series 2021-2, Class C, 1.01%, 01/19/2027 (Callable 01/18/2026) | 26212 | 26070 |
|  GLS Auto Receivables Trust, Series 2025-3A, Class A3, 4.44%, 03/15/2029 (Callable 03/15/2029) <sup>(c)</sup> | GLS Auto Receivables Trust, Series 2025-3A, Class A3, 4.44%, 03/15/2029 (Callable 03/15/2029) <sup>(c)</sup> | 150000 | 150696 |
|  Harley-Davidson Customer Funding Corp., Series 2023-B, Class A4, 5.78%, 04/15/2031 (Callable 04/15/2027) | Harley-Davidson Customer Funding Corp., Series 2023-B, Class A4, 5.78%, 04/15/2031 (Callable 04/15/2027) | 150000 | 153813 |
|  Laurel Road Prime Student Loan Trust, Series 2020-A, Class A2FX, 1.40%, 11/25/2050 (Callable 10/25/2028) <sup>(c)</sup> | Laurel Road Prime Student Loan Trust, Series 2020-A, Class A2FX, 1.40%, 11/25/2050 (Callable 10/25/2028) <sup>(c)</sup> | 75198 | 67121 |
|  Loanpal Solar Loan Ltd., Series 2020-2GF, Class A, 2.75%, 07/20/2047 (Callable 09/20/2036) <sup>(c)</sup> | Loanpal Solar Loan Ltd., Series 2020-2GF, Class A, 2.75%, 07/20/2047 (Callable 09/20/2036) <sup>(c)</sup> | 131075 | 111207 |
| Mosaic Solar Loans LLC | Mosaic Solar Loans LLC | Mosaic Solar Loans LLC | Mosaic Solar Loans LLC |
| &nbsp;&nbsp; Series 2017-2A, Class A, 3.82%, 06/22/2043 (Callable 07/20/2029) <sup>(c)</sup> | &nbsp;&nbsp; Series 2017-2A, Class A, 3.82%, 06/22/2043 (Callable 07/20/2029) <sup>(c)</sup> | 188567 | 177889 |
| &nbsp;&nbsp; Series 2020-2A, Class A, 1.44%, 08/20/2046 (Callable 09/20/2032) <sup>(c)</sup> | &nbsp;&nbsp; Series 2020-2A, Class A, 1.44%, 08/20/2046 (Callable 09/20/2032) <sup>(c)</sup> | 37782 | 31359 |
| Navient Student Loan Trust | Navient Student Loan Trust | Navient Student Loan Trust | Navient Student Loan Trust |
| &nbsp;&nbsp; Series 2020-HA, Class A, 1.31%, 01/15/2069 (Callable 03/15/2028) <sup>(c)</sup> | &nbsp;&nbsp; Series 2020-HA, Class A, 1.31%, 01/15/2069 (Callable 03/15/2028) <sup>(c)</sup> | 62178 | 58811 |
| &nbsp;&nbsp; Series 2021-A, Class A, 0.84%, 05/15/2069 (Callable 01/15/2029) <sup>(c)</sup> | &nbsp;&nbsp; Series 2021-A, Class A, 0.84%, 05/15/2069 (Callable 01/15/2029) <sup>(c)</sup> | 36797 | 33775 |
| &nbsp;&nbsp; Series 2021-DA, Class C, 3.48%, 04/15/2060 (Callable 05/15/2032) <sup>(c)</sup> | &nbsp;&nbsp; Series 2021-DA, Class C, 3.48%, 04/15/2060 (Callable 05/15/2032) <sup>(c)</sup> | 96023 | 89938 |
| &nbsp;&nbsp; Series 2023-A, Class A, 5.51%, 10/15/2071 (Callable 08/15/2033) <sup>(c)</sup> | &nbsp;&nbsp; Series 2023-A, Class A, 5.51%, 10/15/2071 (Callable 08/15/2033) <sup>(c)</sup> | 135254 | 138599 |
|  OneMain Financial Issuance Trust, Series 2023-1A, Class A, 5.50%, 06/14/2038 (Callable 06/14/2028) <sup>(c)</sup> | OneMain Financial Issuance Trust, Series 2023-1A, Class A, 5.50%, 06/14/2038 (Callable 06/14/2028) <sup>(c)</sup> | 150000 | 154340 |
|  Oscar Finance Holdings 2 General, Inc. Association, Series 2021-1A, Class A4, 1.00%, 04/10/2028 (Callable 10/10/2025) <sup>(c)</sup> | Oscar Finance Holdings 2 General, Inc. Association, Series 2021-1A, Class A4, 1.00%, 04/10/2028 (Callable 10/10/2025) <sup>(c)</sup> | 23300 | 22609 |
| Santander Consumer USA Holdings, Inc. | Santander Consumer USA Holdings, Inc. | Santander Consumer USA Holdings, Inc. | Santander Consumer USA Holdings, Inc. |
| &nbsp;&nbsp; Series 2023-6, Class A3, 5.93%, 07/17/2028 (Callable 09/15/2027) | &nbsp;&nbsp; Series 2023-6, Class A3, 5.93%, 07/17/2028 (Callable 09/15/2027) | 91801 | 92250 |
| &nbsp;&nbsp; Series 2024-4, Class B, 4.93%, 09/17/2029 (Callable 10/15/2027) | &nbsp;&nbsp; Series 2024-4, Class B, 4.93%, 09/17/2029 (Callable 10/15/2027) | 100000 | 100936 |
|  SMB Private Education Loan Trust, Series 2024-D, Class A1A, 5.38%, 07/15/2053 <sup>(c)</sup> | SMB Private Education Loan Trust, Series 2024-D, Class A1A, 5.38%, 07/15/2053 <sup>(c)</sup> | 85734 | 87510 |
|  SoFi Consumer Loan Program Trust, Series 2025-1, Class B, 5.12%, 02/27/2034 (Callable 03/25/2028) <sup>(c)</sup> | SoFi Consumer Loan Program Trust, Series 2025-1, Class B, 5.12%, 02/27/2034 (Callable 03/25/2028) <sup>(c)</sup> | 100000 | 101142 |
|  SoFi Professional Loan Program LLC, Series 2018-B, Class A2FX, 3.34%, 08/25/2047 (Callable 01/25/2026) <sup>(c)</sup> | SoFi Professional Loan Program LLC, Series 2018-B, Class A2FX, 3.34%, 08/25/2047 (Callable 01/25/2026) <sup>(c)</sup> | 3274 | 3268 |
|  Sunnova Energy International, Inc., Series 2020-AA, Class A, 2.98%, 06/20/2047 (Callable 06/20/2027) <sup>(c)</sup> | Sunnova Energy International, Inc., Series 2020-AA, Class A, 2.98%, 06/20/2047 (Callable 06/20/2027) <sup>(c)</sup> | 154446 | 136260 |
|  Sunrun, Inc., Series 2020-1A, Class A, 2.21%, 07/31/2051 <sup>(c)</sup> | Sunrun, Inc., Series 2020-1A, Class A, 2.21%, 07/31/2051 <sup>(c)</sup> | 154404 | 142819 |
|  World Omni Auto Receivables Trust, Series 2024-C, Class B, 4.68%, 07/15/2030 (Callable 11/15/2027) | World Omni Auto Receivables Trust, Series 2024-C, Class B, 4.68%, 07/15/2030 (Callable 11/15/2027) | 100000 | 100982 |
| **TOTAL ASSET-BACKED SECURITIES** (Cost $3,119,785) | **TOTAL ASSET-BACKED SECURITIES** (Cost $3,119,785) | **TOTAL ASSET-BACKED SECURITIES** (Cost $3,119,785) | 3041268 |
| **U.S. TREASURY SECURITIES - 0.3%** | **U.S. TREASURY SECURITIES - 0.3%** | **Par** | **Value**  |
| United States Treasury Note/Bond | United States Treasury Note/Bond | United States Treasury Note/Bond | United States Treasury Note/Bond |
| &nbsp;&nbsp; 0.25%, 10/31/2025 | &nbsp;&nbsp; 0.25%, 10/31/2025 | 55000 | 54815 |
| &nbsp;&nbsp; 4.13%, 06/15/2026 | &nbsp;&nbsp; 4.13%, 06/15/2026 | 2500 | 2506 |
| &nbsp;&nbsp; 0.88%, 09/30/2026 | &nbsp;&nbsp; 0.88%, 09/30/2026 | 91000 | 88483 |
| &nbsp;&nbsp; 1.50%, 01/31/2027 | &nbsp;&nbsp; 1.50%, 01/31/2027 | 44800 | 43533 |
| &nbsp;&nbsp; 2.75%, 04/30/2027 | &nbsp;&nbsp; 2.75%, 04/30/2027 | 2000 | 1972 |
| &nbsp;&nbsp; 3.75%, 04/30/2027 | &nbsp;&nbsp; 3.75%, 04/30/2027 | 47700 | 47769 |
| &nbsp;&nbsp; 3.88%, 05/31/2027 | &nbsp;&nbsp; 3.88%, 05/31/2027 | 150300 | 150823 |
| &nbsp;&nbsp; 4.63%, 06/15/2027 | &nbsp;&nbsp; 4.63%, 06/15/2027 | 3000 | 3048 |
| &nbsp;&nbsp; 3.25%, 06/30/2027 | &nbsp;&nbsp; 3.25%, 06/30/2027 | 2400 | 2384 |
| &nbsp;&nbsp; 3.38%, 09/15/2027 | &nbsp;&nbsp; 3.38%, 09/15/2027 | 43000 | 42803 |
| &nbsp;&nbsp; 3.75%, 05/15/2028 | &nbsp;&nbsp; 3.75%, 05/15/2028 | 5500 | 5518 |
| &nbsp;&nbsp; 3.88%, 07/15/2028 | &nbsp;&nbsp; 3.88%, 07/15/2028 | 12800 | 12883 |
| &nbsp;&nbsp; 4.13%, 10/31/2029 | &nbsp;&nbsp; 4.13%, 10/31/2029 | 79000 | 80259 |
| &nbsp;&nbsp; 4.00%, 06/30/2032 | &nbsp;&nbsp; 4.00%, 06/30/2032 | 2000 | 2011 |
| &nbsp;&nbsp; 2.75%, 08/15/2032 | &nbsp;&nbsp; 2.75%, 08/15/2032 | 19000 | 17663 |
| &nbsp;&nbsp; 4.13%, 11/15/2032 | &nbsp;&nbsp; 4.13%, 11/15/2032 | 84400 | 85373 |
| &nbsp;&nbsp; 3.50%, 02/15/2033 | &nbsp;&nbsp; 3.50%, 02/15/2033 | 178900 | 173687 |
| &nbsp;&nbsp; 4.25%, 05/15/2035 | &nbsp;&nbsp; 4.25%, 05/15/2035 | 71000 | 71668 |
| &nbsp;&nbsp; 4.63%, 02/15/2055 | &nbsp;&nbsp; 4.63%, 02/15/2055 | 70000 | 68802 |
| **TOTAL U.S. TREASURY SECURITIES** (Cost $957,012) | **TOTAL U.S. TREASURY SECURITIES** (Cost $957,012) | **TOTAL U.S. TREASURY SECURITIES** (Cost $957,012) | 956000 |
| **RIGHTS - 0.0%<sup>(h)</sup>** | **RIGHTS - 0.0%<sup>(h)</sup>** | **Shares** | **Value**  |
| ABIOMED, Inc. <sup>(a)(i)</sup> | ABIOMED, Inc. <sup>(a)(i)</sup> | 1153 | 0 |
| **TOTAL RIGHTS** (Cost $0) | **TOTAL RIGHTS** (Cost $0) | **TOTAL RIGHTS** (Cost $0) | 0 |
| **TOTAL INVESTMENTS - 93.3% (**Cost $135,190,667**)** | **TOTAL INVESTMENTS - 93.3% (**Cost $135,190,667**)** | **TOTAL INVESTMENTS - 93.3% (**Cost $135,190,667**)** | 267747647 |
| Money Market Deposit Account - 3.9% <sup>(k)(l)</sup> | Money Market Deposit Account - 3.9% <sup>(k)(l)</sup> | Money Market Deposit Account - 3.9% <sup>(k)(l)</sup> | 11245545 |
| Other Assets in Excess of Liabilities - 2.8% | Other Assets in Excess of Liabilities - 2.8% | Other Assets in Excess of Liabilities - 2.8% | 8053451 |
| **TOTAL NET ASSETS - 100.0%** | 0.0% | 0.0% | $287046643 |
| two | two | two | –% |
| Par amount is in USD unless otherwise indicated. | Par amount is in USD unless otherwise indicated. | Par amount is in USD unless otherwise indicated. |  |
| Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. | –% |
| The Global Industry Classification Standard ("GICS<sup>®</sup>") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor's Financial Services LLC ("S&P"). GICS<sup>®</sup> is a service mark of MSCI and S&P and has been licensed for use by U.S. Bank Global Fund Services. | The Global Industry Classification Standard ("GICS<sup>®</sup>") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor's Financial Services LLC ("S&P"). GICS<sup>®</sup> is a service mark of MSCI and S&P and has been licensed for use by U.S. Bank Global Fund Services. | The Global Industry Classification Standard ("GICS<sup>®</sup>") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor's Financial Services LLC ("S&P"). GICS<sup>®</sup> is a service mark of MSCI and S&P and has been licensed for use by U.S. Bank Global Fund Services. | The Global Industry Classification Standard ("GICS<sup>®</sup>") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor's Financial Services LLC ("S&P"). GICS<sup>®</sup> is a service mark of MSCI and S&P and has been licensed for use by U.S. Bank Global Fund Services. |

---

AG - Aktiengesellschaft<br> AS - Aksjeselskap<br> NV - Naamloze Vennootschap<br> SA - Sociedad Anónima<br>

(a) Non-income producing security.

(b) To the extent that the Fund invests more heavily in a particular industry or sector of the economy, its performance will be especially sensitive to developments that significantly affect those
 industries or sectors.

(c) Security is exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may only be resold in transactions exempt from registration to qualified
 institutional investors. As of September 30, 2025, the value of these securities total $10,164,791 or 3.5% of the Fund's net assets.

(d) Interest only security.

(e) Coupon rate is variable based on the weighted average coupon of the underlying collateral. To the extent the weighted average coupon of the underlying assets which comprise the collateral
 increases or decreases, the coupon rate of this security will increase or decrease correspondingly. The rate disclosed is as of September 30, 2025.

(f) Securities referencing LIBOR are expected to transition to an alternative reference rate by the security's next scheduled coupon reset date.

(g) All or a portion of this security is on loan as of September 30, 2025. The fair value of these securities was $216,722.

(h) Represents less than 0.05% of net assets.

(i) Fair value determined using significant unobservable inputs in accordance with procedures established by and under the supervision of the Adviser, acting as Valuation Designee. These securities
 represented $0 or 0.0% of net assets as of September 30, 2025.

(j) Zero coupon bonds make no periodic interest payments.

(k) The U.S. Bank Money Market Deposit Account (the "MMDA") is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on
 market conditions and is subject to change daily. The rate as of September 30, 2025 was 3.99%.

(l) All or a portion of this deposit account was purchased using proceeds from securities lending. The fair value of this deposit held from securities lending as of September 30, 2025 is $221,980
 which represented 0.1% of net assets.

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Large Company Growth Portfolio** | **Large Company Growth Portfolio** | **Large Company Growth Portfolio** | **Large Company Growth Portfolio** | **Large Company Growth Portfolio** |
| **Schedule of Futures Contracts** | **Schedule of Futures Contracts** | **Schedule of Futures Contracts** | **Schedule of Futures Contracts** | **Schedule of Futures Contracts** |
| **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** |
| **Description** | **Contracts Purchased** | **Expiration Date** | **Notional Value** | **Value / Unrealized**<br> **Appreciation**<br> (Depreciation) |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury 10 Year Notes | 13 | 12/19/2025 | $1462500 | $4152 |
|  |  |  |  | $4152 |
|  |  |  |  | – |
| **Description** | **Contracts Sold** | **Expiration Date** | **Notional Value** | **Value / Unrealized**<br> **Appreciation**<br> (Depreciation) |
| &nbsp;&nbsp;&nbsp;&nbsp;10 Year U.S. Ultra Treasury Notes | (8) | 12/19/2025 | $920625 | $(7704) |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury 2 Year Notes | (23) | 12/31/2025 | 4793164 | 675 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury 5 Year Note | (12) | 12/31/2025 | 1310344 | 164 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Long Bonds | (7) | 12/19/2025 | 816156 | (14999) |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Ultra Bonds | (3) | 12/19/2025 | 360188 | (8491) |
|  |  |  |  | $(30355) |
| **Net Unrealized Appreciation (Depreciation)** |  | $– | $– | $(26203) |

---

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Large Company Growth Portfolio** | **Large Company Growth Portfolio** | **Large Company Growth Portfolio** | **Large Company Growth Portfolio** | **Large Company Growth Portfolio** | **Large Company Growth Portfolio** | **Large Company Growth Portfolio** | **Large Company Growth Portfolio** |
| **Schedule of Total Return Swap Contracts** | **Schedule of Total Return Swap Contracts** | **Schedule of Total Return Swap Contracts** | **Schedule of Total Return Swap Contracts** | **Schedule of Total Return Swap Contracts** | **Schedule of Total Return Swap Contracts** | **Schedule of Total Return Swap Contracts** | **Schedule of Total Return Swap Contracts** |
| **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** |
| **Reference Entity** | **Counterparty** | **Pay/ Receive** <br> **Reference Entity** | **Financing Rate** | **Payment <br> Frequency** | **Maturity**<br> **Date** | **Notional Amount** | **Value/ Unrealized**<br> **Appreciation** <br> (Depreciation) |
| Russell 1000 Growth Total Return Index | Morgan Stanley | Receive | EFFR + 0.86% | Termination | 02/27/2026 | $47162164 | $4723350 |
| **Net Unrealized Appreciation (Depreciation)** | **Net Unrealized Appreciation (Depreciation)** | **Net Unrealized Appreciation (Depreciation)** | **Net Unrealized Appreciation (Depreciation)** | **Net Unrealized Appreciation (Depreciation)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;0 | 0 | 4723350 |

---

---

| |
|:---|
| There are no upfront payments or receipts associated with total return swaps in the Fund as of September 30, 2025. |
| EFFR - Effective Federal Funds Rate was 4.09% as of September 30, 2025. |

---

------

#### Summary of Fair Value Disclosure as of September 30, 2025 (Unaudited)
Large Company Growth Portfolio (the "Fund") has adopted fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or valuation methodology used for valuing securities are not an indication of the risk associated with investing in those securities.

Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.

Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.

Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund's own assumptions about the assumptions a market participant would use in valuing the asset or liability, and based on the best information available.

The following is a summary of the fair valuation hierarchy of the Fund's securities as of September 30, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| **Assets:** | | | | |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | $238129933 | $– | $– | $238129933 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Collateralized Mortgage Obligations | – | 9016860 | – | 9016860 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Affiliated Registered Investment Companies | 7506909 | – | – | 7506909 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Corporate Bonds | – | 5809324 | – | 5809324 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Collateralized Loan Obligations | – | 3287353 | – | 3287353 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Asset-Backed Securities | – | 3041268 | – | 3041268 |
|  &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Securities | – | 956000 | – | 956000 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Rights | – | – | 0<br> <sup>(a)</sup>  | 0 |
| Total Investments | $245636842 | $22110805 | $0 | $267747647 |
| <u>Other Financial Instruments:</u> |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Total Return Swaps\* | $– | $4723350 | $– | $4723350 |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures Contracts\* | 4991 | – | – | 4991 |
| Total Other Financial Instruments | $4991 | $4723350 | $– | $4728341 |
| **Liabilities:** |  |  |  |  |
| <u>Other Financial Instruments:</u> |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures Contracts\* | $(31194) | $– | $– | $(31194) |
| Total Other Financial Instruments | $(31194) | $– | $– | $(31194) |
| \* The fair value of the Fund's investment represents the unrealized appreciation (depreciation) as of September 30, 2025.<br>(a) Includes securities that have been fair valued at $0. | \* The fair value of the Fund's investment represents the unrealized appreciation (depreciation) as of September 30, 2025.<br>(a) Includes securities that have been fair valued at $0. | \* The fair value of the Fund's investment represents the unrealized appreciation (depreciation) as of September 30, 2025.<br>(a) Includes securities that have been fair valued at $0. | \* The fair value of the Fund's investment represents the unrealized appreciation (depreciation) as of September 30, 2025.<br>(a) Includes securities that have been fair valued at $0. | \* The fair value of the Fund's investment represents the unrealized appreciation (depreciation) as of September 30, 2025.<br>(a) Includes securities that have been fair valued at $0. |
| Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Wilshire Mutual Funds Inc

- **b. Investment Company Act file number:** 811-07076

- **c. CIK number of Registrant:** 0000890453

- **d. LEI of Registrant:** 5493002LR0X1H0O6US42

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

  - **Street Address 1:** 1299 Ocean Avenue

  - **City:** Santa Monica

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 90401-1085

  - **Telephone number:** 310-451-3051

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

- **a. Name of Series:** Large Company Growth Portfolio

- **b. EDGAR series identifier (if any):** S000001045

- **c. LEI of Series:** 5493008FBDJM8LYZ8S38

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

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

- **b. Date as of which information is reported:** 2025-09-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $288166942.52

**Total Liabilities:** $1011978.40

**Net Assets:** $287154964.12

**Delayed Delivery Securities:** $250000.00

**Cash Not Reported:** $14925817.80

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 409.670000000000 | **1-Year:** 1514.020000000000 | **5-Year:** 1569.650000000000 | **10-Year:** 973.800000000000 | **30-Year:** 1126.070000000000

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

- **3-Month:** -2988.420000000000 | **1-Year:** 87.720000000000 | **5-Year:** 82.450000000000 | **10-Year:** 136.810000000000 | **30-Year:** 3.630000000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000002805 | 3.84%                | 1.27%                | 6.22%                |
| Class ID C000002806 | 3.86%                | 1.28%                | 6.25%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $4450433.65              | $4716522.21                                |
| Month 2  | $6329967.25              | $-3186785.43                               |
| Month 3  | $5158835.13              | $9566472.33                                |

**Designated Index Information**

- **Index Name:** Russell 1000 Growth Index Total Return

- **Index Identifier:** RU10GRTR

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Barclays Commercial Mortgage S | BBCMS Trust 2021-C10                                         | CUSIP: 05551VBK8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    913973 | PA      | $45624.17     | 0.02%             | 2054-07-15      | Variable      | 1.33%                 | No            |                  2 | On Loan: No      |
| BX Trust                       | BX Commercial Mortgage Trust 2021-VOLT                       | CUSIP: 05609VAJ4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    161794 | PA      | $161195.79    | 0.06%             | 2036-09-15      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP           | Bank of America Corp                                         | CUSIP: 06051GHD4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14777.81     | 0.01%             | 2028-12-20      | Variable      | 3.42%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP           | Bank of America Corp                                         | CUSIP: 06051GJB6<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    147000 | PA      | $136352.06    | 0.05%             | 2031-04-29      | Variable      | 2.59%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP           | Bank of America Corp                                         | CUSIP: 06051GJS9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    279000 | PA      | $273450.97    | 0.10%             | 2027-07-22      | Variable      | 1.73%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA            | Bank of Nova Scotia/The                                      | CUSIP: 064159QE9<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |     94000 | PA      | $92936.58     | 0.03%             | 2026-08-03      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Beacon Container Finance II LL | Beacon Container Finance II LLC                              | CUSIP: 07359BAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     60833 | PA      | $56604.18     | 0.02%             | 2046-10-22      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust       | Benchmark 2020-B19 Mortgage Trust                            | CUSIP: 08162WBF2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    852089 | PA      | $40781.25     | 0.01%             | 2053-09-15      | Variable      | 1.78%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust       | Benchmark 2021-B29 Mortgage Trust                            | CUSIP: 08163JAG9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    980376 | PA      | $35140.71     | 0.01%             | 2054-09-15      | Variable      | 1.12%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust       | Benchmark 2025-V17 Mortgage Trust                            | CUSIP: 081934AR2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $255484.83    | 0.09%             | 2058-09-15      | Fixed         | 5.07%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE HOLDINGS FINA       | Blackstone Holdings Finance Co LLC                           | CUSIP: 09256BAL1<br>LEI: 549300D2L6J4NC1QVZ22 | Long             | DBT              | CORP              | US        |     37000 | PA      | $34427.76     | 0.01%             | 2030-01-10      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE HOLDINGS FINA       | Blackstone Holdings Finance Co LLC                           | CUSIP: 09261BAC4<br>LEI: 549300D2L6J4NC1QVZ22 | Long             | DBT              | CORP              | US        |     94000 | PA      | $87696.74     | 0.03%             | 2028-08-05      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| Booking Holdings Inc           | Booking Holdings Inc                                         | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |       213 | NS      | $1150044.51   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Boston Scientific Corp         | Boston Scientific Corp                                       | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |      5752 | NS      | $561567.76    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadridge Financial Solutions | Broadridge Financial Solutions Inc                           | CUSIP: 11133T103<br>LEI: 549300KZDJZQ2YIHRC28 | Long             | EC               | CORP              | US        |      1678 | NS      | $399649.26    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                   | Broadcom Inc                                                 | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     35898 | NS      | $11843109.18  | 4.12%             |  |  |  | No            |                  1 | On Loan: No      |
| BROADCOM INC                   | Broadcom Inc                                                 | CUSIP: 11135FAN1<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |     61000 | PA      | $60684.14     | 0.02%             | 2026-09-15      | Fixed         | 3.46%                 | No            |                  2 | On Loan: No      |
| BX Trust                       | BX Commercial Mortgage Trust 2024-AIRC                       | CUSIP: 12433CAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    140429 | PA      | $140824.48    | 0.05%             | 2039-08-15      | Floating      | 6.29%                 | No            |                  2 | On Loan: No      |
| BX Trust                       | BX Commercial Mortgage Trust 2023-XL3                        | CUSIP: 12434GAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    143202 | PA      | $143380.76    | 0.05%             | 2040-12-09      | Floating      | 5.91%                 | No            |                  2 | On Loan: No      |
| CBAM CLO Management LLC        | CBAM 2017-1 Ltd                                              | CUSIP: 14987LAC5<br>LEI: 254900JWJFDB3KD6V066 | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $250982.07    | 0.09%             | 2038-01-20      | Floating      | 5.72%                 | No            |                  2 | On Loan: No      |
| META PLATFORMS INC             | Meta Platforms Inc                                           | CUSIP: 30303M8G0<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |     17000 | PA      | $16932.27     | 0.01%             | 2027-08-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MPLX LP                        | MPLX LP                                                      | CUSIP: 55336VBQ2<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |     29000 | PA      | $26619.39     | 0.01%             | 2030-08-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Mettler-Toledo International I | Mettler-Toledo International Inc                             | CUSIP: 592688105<br>LEI: 5493000BD5GJNUDIUG10 | Long             | EC               | CORP              | US        |       420 | NS      | $515596.20    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                 | Microsoft Corp                                               | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     48471 | NS      | $25105554.45  | 8.74%             |  |  |  | No            |                  1 | On Loan: No      |
| MongoDB Inc                    | MongoDB Inc                                                  | CUSIP: 60937P106<br>LEI: 549300TPTG69WKWE1Z37 | Long             | EC               | CORP              | US        |      1246 | NS      | $386733.48    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Monster Beverage Corp          | Monster Beverage Corp                                        | CUSIP: 61174X109<br>LEI: 52990090AP0E7HCB6F33 | Long             | EC               | CORP              | US        |     18226 | NS      | $1226792.06   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY                 | Morgan Stanley                                               | CUSIP: 6174468V4<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     24000 | PA      | $23819.28     | 0.01%             | 2026-12-10      | Variable      | 0.98%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                 | Morgan Stanley                                               | CUSIP: 61747YEC5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     67000 | PA      | $65577.99     | 0.02%             | 2027-07-20      | Variable      | 1.51%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                 | Morgan Stanley                                               | CUSIP: 61747YED3<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     31000 | PA      | $27394.76     | 0.01%             | 2032-07-21      | Variable      | 2.24%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                 | Morgan Stanley                                               | CUSIP: 61747YES0<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5061.32      | 0.00%             | 2037-04-20      | Variable      | 5.30%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                 | Morgan Stanley                                               | CUSIP: 61747YEV3<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     38000 | PA      | $39609.95     | 0.01%             | 2028-10-18      | Variable      | 6.30%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                 | Morgan Stanley                                               | CUSIP: 61747YFE0<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     92000 | PA      | $94863.41     | 0.03%             | 2034-04-21      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                 | Morgan Stanley                                               | CUSIP: 61772BAB9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    159000 | PA      | $156408.78    | 0.05%             | 2027-05-04      | Variable      | 1.59%                 | No            |                  2 | On Loan: No      |
| Mosaic Solar Loans LLC         | Mosaic Solar Loans 2017-2 LLC                                | CUSIP: 61946GAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    188567 | PA      | $177888.71    | 0.06%             | 2043-06-22      | Fixed         | 3.82%                 | No            |                  2 | On Loan: No      |
| Mosaic Solar Loans LLC         | Mosaic Solar Loan Trust 2020-2                               | CUSIP: 61946PAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     37782 | PA      | $31359.23     | 0.01%             | 2046-08-20      | Fixed         | 1.44%                 | No            |                  2 | On Loan: No      |
| Motorola Solutions Inc         | Motorola Solutions Inc                                       | CUSIP: 620076307<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | EC               | CORP              | US        |       520 | NS      | $237790.80    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| NRG Energy Inc                 | NRG Energy Inc                                               | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               | CORP              | US        |      4053 | NS      | $656383.35    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Natera Inc                     | Natera Inc                                                   | CUSIP: 632307104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7699 | NS      | $1239308.03   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Navient Student Loan Trust     | Navient Private Education Refi Loan Trust 2023-A             | CUSIP: 638961AA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    135254 | PA      | $138598.83    | 0.05%             | 2071-10-15      | Fixed         | 5.51%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust     | Navient Private Education Refi Loan Trust 2020-H             | CUSIP: 63935BAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     62178 | PA      | $58810.71     | 0.02%             | 2069-01-15      | Fixed         | 1.31%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust     | Navient Private Education Refi Loan Trust 2021-A             | CUSIP: 63942BAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     36797 | PA      | $33774.95     | 0.01%             | 2069-05-15      | Fixed         | 0.84%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust     | Navient Private Education Refi Loan Trust 2021-D             | CUSIP: 63942CAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     96023 | PA      | $89937.98     | 0.03%             | 2060-04-15      | Fixed         | 3.48%                 | No            |                  2 | On Loan: No      |
| NESTLE HOLDINGS INC            | Nestle Holdings Inc                                          | CUSIP: 641062BK9<br>LEI: 549300EAEU8YV8MQXP30 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150730.65    | 0.05%             | 2026-03-13      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Netflix Inc                    | Netflix Inc                                                  | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |      6076 | NS      | $7284637.92   | 2.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Neurocrine Biosciences Inc     | Neurocrine Biosciences Inc                                   | CUSIP: 64125C109<br>LEI: 549300FECER0XBN49756 | Long             | EC               | CORP              | US        |      5253 | NS      | $737416.14    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Neuberger Berman CLO Ltd       | Neuberger Berman Loan Advisers CLO 47 Ltd                    | CUSIP: 64135DAJ4<br>LEI: 549300JRWXK6DFJD7D06 | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $249658.03    | 0.09%             | 2035-04-16      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Nexstar Media Group Inc        | Nexstar Media Group Inc                                      | CUSIP: 65336K103<br>LEI: 52990083ZRR5UT591988 | Long             | EC               | CORP              | US        |       201 | NS      | $39745.74     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXTERA ENERGY CAPITAL         | NextEra Energy Capital Holdings Inc                          | CUSIP: 65339KCH1<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |     87000 | PA      | $87861.82     | 0.03%             | 2027-07-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| N/A                            | US 5YR NOTE (CBT) Dec25                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       -16 | NC      | $219.27       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| NU Holdings Ltd/Cayman Islands | NU Holdings Ltd/Cayman Islands                               | CUSIP: N/A<br>LEI: 5493002DG1RHWK9W2X27       | Long             | EC               | CORP              | BR        |     46980 | NS      | $752149.80    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Nebius Group NV                | Nebius Group NV                                              | CUSIP: N/A<br>LEI: 549300GGZHJ5Q1B18P93       | Long             | EC               | CORP              | NL        |     45103 | NS      | $5063713.81   | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | US 2YR NOTE (CBT) Dec25                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       -23 | NC      | $674.58       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | US LONG BOND(CBT) Dec25                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |        -7 | NC      | $-14999.36    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | US ULTRA BOND CBT Dec25                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |        -3 | NC      | $-8491.04     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| WALT DISNEY COMPANY/THE        | Walt Disney Co/The                                           | CUSIP: 254687FL5<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |     60000 | PA      | $55593.54     | 0.02%             | 2029-09-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Voya VACS Series HYB Fund      | Voya VACS Series HYB Fund                                    | CUSIP: 92913L262<br>LEI: 549300IKJ54WGTW8EU42 | Long             | EC               | RF                | US        |    110344 | NS      | $1147576.78   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Voya VACS Series SC Fund       | Voya VACS Series SC Fund                                     | CUSIP: 92919X203<br>LEI: 549300WMAVLRYOGXL523 | Long             | EC               | RF                | US        |    596940 | NS      | $6357416.24   | 2.21%             |  |  |  | No            |                  1 | On Loan: No      |
| WF-RBS COMMERCIAL MORTGAGE TRU | WFRBS Commercial Mortgage Trust 2014-C21                     | CUSIP: 92939FAX7<br>LEI: 5493000F7E2NMQ4HIO61 | Long             | ABS-MBS          | CORP              | US        |    130747 | PA      | $127277.31    | 0.04%             | 2047-08-15      | Variable      | 4.21%                 | No            |                  2 | On Loan: No      |
| WEC ENERGY GROUP INC           | WEC Energy Group Inc                                         | CUSIP: 92939UAJ5<br>LEI: 549300IGLYTZUK3PVP70 | Long             | DBT              | CORP              | US        |     57000 | PA      | $58041.22     | 0.02%             | 2027-10-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| WALMART INC                    | Walmart Inc                                                  | CUSIP: 931142ER0<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |     90000 | PA      | $87786.81     | 0.03%             | 2026-09-17      | Fixed         | 1.05%                 | No            |                  2 | On Loan: No      |
| Waters Corp                    | Waters Corp                                                  | CUSIP: 941848103<br>LEI: 5T547R1474YC9HOD8Q74 | Long             | EC               | CORP              | US        |       902 | NS      | $270428.62    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo Mortgage Backed Se | Wells Fargo Mortgage Backed Securities 2020-RR1 Trust        | CUSIP: 949796AA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     78033 | PA      | $68089.02     | 0.02%             | 2050-05-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY          | Wells Fargo & Co                                             | CUSIP: 95000U2A0<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |     16000 | PA      | $15859.92     | 0.01%             | 2028-05-22      | Variable      | 3.58%                 | No            |                  2 | On Loan: —       |
| WELLS FARGO & COMPANY          | Wells Fargo & Co                                             | CUSIP: 95000U2V4<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |     21000 | PA      | $20813.33     | 0.01%             | 2028-03-24      | Variable      | 3.53%                 | No            |                  2 | On Loan: No      |
| Western Digital Corp           | Western Digital Corp                                         | CUSIP: 958102105<br>LEI: 549300QQXOOYEF89IC56 | Long             | EC               | CORP              | US        |     20147 | NS      | $2418848.82   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| World Omni Auto Receivables Tr | World Omni Auto Receivables Trust 2024-C                     | CUSIP: 98164NAF2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $100982.08    | 0.04%             | 2030-07-15      | Fixed         | 4.68%                 | No            |                  2 | On Loan: No      |
| BX Trust                       | BX Trust 2025-ROIC                                           | CUSIP: 05593VAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    149417 | PA      | $149090.21    | 0.05%             | 2030-03-15      | Floating      | 5.29%                 | No            |                  2 | On Loan: No      |
| BX Trust                       | BX Commercial Mortgage Trust 2024-XL4                        | CUSIP: 05611VAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     92804 | PA      | $93035.52     | 0.03%             | 2039-02-15      | Floating      | 5.94%                 | No            |                  2 | On Loan: No      |
| BX Trust                       | BX Commercial Mortgage Trust 2024-KING                       | CUSIP: 05612RAE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    177661 | PA      | $177883.08    | 0.06%             | 2034-05-15      | Floating      | 6.09%                 | No            |                  2 | On Loan: No      |
| BX Trust                       | BX Trust 2022-LBA6                                           | CUSIP: 12433EAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    200000 | PA      | $199874.94    | 0.07%             | 2039-01-15      | Floating      | 5.15%                 | No            |                  2 | On Loan: No      |
| BX Trust                       | BX Trust 2025-GW                                             | CUSIP: 12433GAC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    150000 | PA      | $150421.92    | 0.05%             | 2042-07-15      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| BX Trust                       | BX Trust 2021-RISE                                           | CUSIP: 12434EAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     84533 | PA      | $84427.23     | 0.03%             | 2036-11-15      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| Cadence Design Systems Inc     | Cadence Design Systems Inc                                   | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |      1684 | NS      | $591521.84    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Cameco Corp                    | Cameco Corp                                                  | CUSIP: 13321L108<br>LEI: N4BHALMXL3GMZKCUON55 | Long             | EC               | CORP              | CA        |      4035 | NS      | $338375.10    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO       | Capital One Financial Corp                                   | CUSIP: 14040HCH6<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |     83000 | PA      | $80803.32     | 0.03%             | 2027-11-02      | Variable      | 1.88%                 | No            |                  2 | On Loan: No      |
| Cardinal Health Inc            | Cardinal Health Inc                                          | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |      1769 | NS      | $277662.24    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| CarMax Auto Owner Trust        | Carmax Auto Owner Trust 2023-3                               | CUSIP: 14319BAE2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    150000 | PA      | $153416.40    | 0.05%             | 2029-02-15      | Fixed         | 5.47%                 | No            |                  2 | On Loan: No      |
| Carnival Corp                  | Carnival Corp                                                | CUSIP: 143658300<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | EC               | CORP              | US        |     28211 | NS      | $815580.01    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| CARRIER GLOBAL CORP            | Carrier Global Corp                                          | CUSIP: 14448CAQ7<br>LEI: 549300JE3W6CWY2NAN77 | Long             | DBT              | CORP              | US        |    123000 | PA      | $114992.45    | 0.04%             | 2030-02-15      | Fixed         | 2.72%                 | No            |                  2 | On Loan: No      |
| Carvana Co                     | Carvana Co                                                   | CUSIP: 146869102<br>LEI: 5493003WEAK2PJ5WS063 | Long             | EC               | CORP              | US        |      1012 | NS      | $381766.88    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Cava Group Inc                 | Cava Group Inc                                               | CUSIP: 148929102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1467 | NS      | $88621.47     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Caterpillar Inc                | Caterpillar Inc                                              | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |       468 | NS      | $223306.20    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Castle Hill INGOTS Ltd         | CSTL Commercial Mortgage Trust 2024-GATE                     | CUSIP: 22945JAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $100318.90    | 0.03%             | 2041-11-10      | Variable      | 4.92%                 | No            |                  2 | On Loan: No      |
| N/A                            | GS_TRS_RUSSELL 1000 GROWTH INDEX USD-02-26-27                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         1 | NC      | $4723349.54   | 1.64%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | US 10YR NOTE (CBT)Dec25                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |        13 | NC      | $4152.49      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | US 10yr Ultra Fut Dec25                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |        -8 | NC      | $-7704.06     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| AES CORP/THE                   | AES Corp/The                                                 | CUSIP: 00130HCE3<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | DBT              | CORP              | US        |     66000 | PA      | $65411.68     | 0.02%             | 2026-01-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| Abivax SA                      | Abivax SA                                                    | CUSIP: 00370M103<br>LEI: 969500D8TMNB184OJU95 | Long             | EC               | CORP              | FR        |      6550 | NS      | $556095.00    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Micro Devices Inc     | Advanced Micro Devices Inc                                   | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |      3550 | NS      | $574354.50    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Ally Financial Inc             | Ally Financial Inc                                           | CUSIP: 02005N100<br>LEI: 549300JBN1OSM8YNAI90 | Long             | EC               | CORP              | US        |      1167 | NS      | $45746.40     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                   | Alphabet Inc                                                 | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     38544 | NS      | $9387391.20   | 3.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                   | Alphabet Inc                                                 | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |      7492 | NS      | $1821305.20   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                 | Amazon.com Inc                                               | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     64241 | NS      | $14105396.37  | 4.91%             |  |  |  | No            |                  1 | On Loan: No      |
| AMAZON.COM INC                 | Amazon.com Inc                                               | CUSIP: 023135BS4<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |     87000 | PA      | $77864.74     | 0.03%             | 2030-06-03      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| AMEREN ILLINOIS CO             | Ameren Illinois Co                                           | CUSIP: 02361DAS9<br>LEI: RC71E2BZ6UOMFPDJSE79 | Long             | DBT              | CORP              | US        |     62000 | PA      | $61708.66     | 0.02%             | 2028-05-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| AMER AIRLINE 16-2 AA PTT       | American Airlines 2016-2 Class AA Pass Through Trust         | CUSIP: 023765AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     25494 | PA      | $24632.43     | 0.01%             | 2028-06-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| AMER AIRLINE 16-1 AA PTT       | American Airlines 2016-1 Class AA Pass Through Trust         | CUSIP: 02376UAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      2288 | PA      | $2236.02      | 0.00%             | 2028-01-15      | Fixed         | 3.58%                 | No            |                  2 | On Loan: No      |
| AMER AIRLN 15-2 AA PTT         | American Airlines 2015-2 Class AA Pass Through Trust         | CUSIP: 02377BAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50592 | PA      | $49506.29     | 0.02%             | 2027-09-22      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| AmeriCredit Automobile Receiva | AmeriCredit Automobile Receivables Trust 2021-2              | CUSIP: 03066RAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     26212 | PA      | $26070.39     | 0.01%             | 2027-01-19      | Fixed         | 1.01%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                      | Amgen Inc                                                    | CUSIP: 031162DP2<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |     92000 | PA      | $94087.39     | 0.03%             | 2028-03-02      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Amphenol Corp                  | Amphenol Corp                                                | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |     10673 | NS      | $1320783.75   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Apellis Pharmaceuticals Inc    | Apellis Pharmaceuticals Inc                                  | CUSIP: 03753U106<br>LEI: 254900HS0ZFRXXSB9D42 | Long             | EC               | CORP              | US        |      1536 | NS      | $34759.68     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                      | Apple Inc                                                    | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     48654 | NS      | $12388768.02  | 4.31%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLE INC                      | Apple Inc                                                    | CUSIP: 037833EC0<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |     76000 | PA      | $71599.37     | 0.02%             | 2028-02-08      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| Applied Materials Inc          | Applied Materials Inc                                        | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |      6670 | NS      | $1365615.80   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| AppLovin Corp                  | AppLovin Corp                                                | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |      8930 | NS      | $6416562.20   | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Arbor Realty Collateralized Lo | Arbor Realty Commercial Real Estate Notes 2021-FL3 Ltd       | CUSIP: 03880KAG9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    275000 | PA      | $274979.98    | 0.10%             | 2034-08-15      | Floating      | 6.11%                 | No            |                  2 | On Loan: No      |
| ARES CLO Ltd                   | Ares LXV CLO Ltd                                             | CUSIP: 04019FAL1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $250750.00    | 0.09%             | 2034-07-25      | Floating      | 5.28%                 | No            |                  2 | On Loan: No      |
| Cboe Global Markets Inc        | Cboe Global Markets Inc                                      | CUSIP: 12503M108<br>LEI: 529900RLNSGA90UPEH54 | Long             | EC               | CORP              | US        |      2545 | NS      | $624161.25    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| CFCRE Commercial Mortgage Trus | CFCRE Commercial Mortgage Trust 2016-C3                      | CUSIP: 12531WBB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    176869 | PA      | $176475.85    | 0.06%             | 2048-01-10      | Fixed         | 3.87%                 | No            |                  2 | On Loan: No      |
| CLI Funding LLC                | CLI Funding VIII LLC                                         | CUSIP: 12565KAE7<br>LEI: 254900Z4P82YK31RVL27 | Long             | ABS-O            | CORP              | US        |     87267 | PA      | $80671.17     | 0.03%             | 2047-01-18      | Fixed         | 2.72%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd               | CIFC Funding 2022-IV Ltd                                     | CUSIP: 12567WAL3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $250899.78    | 0.09%             | 2035-07-16      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd               | CIFC Funding 2022-I Ltd                                      | CUSIP: 12570LAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $250248.00    | 0.09%             | 2035-04-17      | Floating      | 5.64%                 | No            |                  2 | On Loan: No      |
| CNH Equipment Trust            | CNH Equipment Trust 2023-A                                   | CUSIP: 12664QAD6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    250000 | PA      | $252770.07    | 0.09%             | 2030-10-15      | Fixed         | 4.77%                 | No            |                  2 | On Loan: No      |
| Celsius Holdings Inc           | Celsius Holdings Inc                                         | CUSIP: 15118V207<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7906 | NS      | $454515.94    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Chase Mortgage Finance Corpora | Chase Home Lending Mortgage Trust Series 2025-9              | CUSIP: 16160UAB1<br>LEI: 529900II236FJ8MBXS58 | Long             | ABS-MBS          | CORP              | US        |     98544 | PA      | $99152.48     | 0.03%             | 2056-06-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Chipotle Mexican Grill Inc     | Chipotle Mexican Grill Inc                                   | CUSIP: 169656105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15575 | NS      | $610384.25    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Cidara Therapeutics Inc        | Cidara Therapeutics Inc                                      | CUSIP: 171757206<br>LEI: 549300IHQ9Z7RI1X2D22 | Long             | EC               | CORP              | US        |      4127 | NS      | $395201.52    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc                  | Citigroup Inc                                                | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |      2301 | NS      | $233551.50    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Cloudflare Inc                 | Cloudflare Inc                                               | CUSIP: 18915M107<br>LEI: 5493007DY18BGNLDWU14 | Long             | EC               | CORP              | US        |      1044 | NS      | $224031.96    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| COLT Funding LLC               | COLT 2021-2 Mortgage Loan Trust                              | CUSIP: 19685WAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    173119 | PA      | $148099.58    | 0.05%             | 2066-08-25      | Variable      | 0.92%                 | No            |                  2 | On Loan: No      |
| Constellation Energy Corp      | Constellation Energy Corp                                    | CUSIP: 21037T109<br>LEI: 549300F8Y20RYGNGV346 | Long             | EC               | CORP              | US        |      2538 | NS      | $835179.66    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Copart Inc                     | Copart Inc                                                   | CUSIP: 217204106<br>LEI: 549300KVYX3JWMYEHU61 | Long             | EC               | CORP              | US        |      8845 | NS      | $397759.65    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corp          | Costco Wholesale Corp                                        | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |      1434 | NS      | $1327353.42   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| DK Trust                       | DK Trust 2024-SPBX                                           | CUSIP: 23346LAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    150000 | PA      | $150375.00    | 0.05%             | 2034-03-15      | Floating      | 5.65%                 | No            |                  2 | On Loan: No      |
| DoorDash Inc                   | DoorDash Inc                                                 | CUSIP: 25809K105<br>LEI: 549300NUQ43FGGSK5051 | Long             | EC               | CORP              | US        |       714 | NS      | $194200.86    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| DUKE ENERGY CORP               | Duke Energy Corp                                             | CUSIP: 26441CAX3<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |    132000 | PA      | $129826.75    | 0.05%             | 2027-08-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Duolingo Inc                   | Duolingo Inc                                                 | CUSIP: 26603R106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       262 | NS      | $84322.08     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| ECOLAB INC                     | Ecolab Inc                                                   | CUSIP: 278865BE9<br>LEI: 82DYEISM090VG8LTLS26 | Long             | DBT              | CORP              | US        |     54000 | PA      | $55290.71     | 0.02%             | 2030-03-24      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| EMCOR Group Inc                | EMCOR Group Inc                                              | CUSIP: 29084Q100<br>LEI: 529900X0SQJB2J7YDU43 | Long             | EC               | CORP              | US        |       716 | NS      | $465070.64    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Empower CLO Ltd.               | Empower CLO 2025-1 Ltd                                       | CUSIP: 29249DAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $251163.71    | 0.09%             | 2038-07-20      | Floating      | 5.64%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                   | Enbridge Inc                                                 | CUSIP: 29250NBH7<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |     97000 | PA      | $94520.10     | 0.03%             | 2026-10-04      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER       | Enterprise Products Operating LLC                            | CUSIP: 29379VBX0<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |     65000 | PA      | $61349.93     | 0.02%             | 2030-01-31      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| EQUINIX INC                    | Equinix Inc                                                  | CUSIP: 29444UBD7<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              | CORP              | US        |     49000 | PA      | $48284.31     | 0.02%             | 2026-11-18      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Exelixis Inc                   | Exelixis Inc                                                 | CUSIP: 30161Q104<br>LEI: 254900PJQB59O2O95R37 | Long             | EC               | CORP              | US        |      4222 | NS      | $174368.60    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Exeter Automobile Receivables  | Exeter Automobile Receivables Trust 2025-4                   | CUSIP: 30167KAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    150000 | PA      | $150630.71    | 0.05%             | 2029-09-17      | Fixed         | 4.39%                 | No            |                  2 | On Loan: No      |
| Expedia Group Inc              | Expedia Group Inc                                            | CUSIP: 30212P303<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3263 | NS      | $697466.25    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Fair Isaac Corp                | Fair Isaac Corp                                              | CUSIP: 303250104<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | EC               | CORP              | US        |        14 | NS      | $20951.42     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| FS Trust                       | FS Trust 2024-HULA                                           | CUSIP: 30338DAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    150000 | PA      | $150234.53    | 0.05%             | 2039-08-15      | Floating      | 5.96%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                     | Fannie Mae REMICS                                            | CUSIP: 3136BTA86<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     86444 | PA      | $86802.38     | 0.03%             | 2054-12-25      | Floating      | 5.81%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                     | Fannie Mae REMICS                                            | CUSIP: 3136BTJ20<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1356180 | PA      | $1363074.69   | 0.47%             | 2054-12-25      | Floating      | 5.81%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                     | Fannie Mae REMICS                                            | CUSIP: 3136BUGR5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    807630 | PA      | $811735.53    | 0.28%             | 2054-06-25      | Floating      | 5.81%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                     | Fannie Mae REMICS                                            | CUSIP: 3136BUQK9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    166418 | PA      | $167391.08    | 0.06%             | 2055-01-25      | Floating      | 5.86%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137BKGL8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2350786 | PA      | $31661.56     | 0.01%             | 2030-04-25      | Variable      | 0.49%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                    | Freddie Mac REMICS                                           | CUSIP: 3137HHQ20<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    172927 | PA      | $173446.89    | 0.06%             | 2054-12-25      | Floating      | 5.76%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                    | Freddie Mac REMICS                                           | CUSIP: 3137HNG93<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    200000 | PA      | $200507.42    | 0.07%             | 2055-10-25      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| FEDEX 2020-1 PASS TST          | Federal Express Corp 2020-1 Pass Through Trusts              | CUSIP: 314353AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    162645 | PA      | $141307.96    | 0.05%             | 2034-02-20      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| GFL Environmental Inc          | GFL Environmental Inc                                        | CUSIP: 36168Q104<br>LEI: 894500E7NLBY9VZRT696 | Long             | EC               | CORP              | CA        |      2772 | NS      | $131337.36    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| GS Mortgage Securities Trust   | GSMS Trust 2024-Fair                                         | CUSIP: 36270JAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    225000 | PA      | $231653.77    | 0.08%             | 2029-07-15      | Variable      | 6.07%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities  | GS Mortgage-Backed Securities Trust 2022-GR2                 | CUSIP: 36270WAD8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     74747 | PA      | $73698.94     | 0.03%             | 2055-02-25      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| GE Vernova Inc                 | GE Vernova Inc                                               | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |       791 | NS      | $486385.90    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| General Electric Co            | General Electric Co                                          | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |      7260 | NS      | $2183953.20   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Genmab A/S                     | Genmab A/S                                                   | CUSIP: 372303206<br>LEI: 529900MTJPDPE4MHJ122 | Long             | EC               | CORP              | DK        |      9234 | NS      | $283206.78    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences Inc            | Gilead Sciences Inc                                          | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |     11206 | NS      | $1243866.00   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| GLOBAL PAYMENTS INC            | Global Payments Inc                                          | CUSIP: 37940XAE2<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |     32000 | PA      | $31574.69     | 0.01%             | 2026-03-01      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| GLS Auto Receivables Trust     | GLS Auto Receivables Issuer Trust 2025-3                     | CUSIP: 37989YAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    150000 | PA      | $150696.19    | 0.05%             | 2029-03-15      | Fixed         | 4.44%                 | No            |                  2 | On Loan: No      |
| Grand Canyon Education Inc     | Grand Canyon Education Inc                                   | CUSIP: 38526M106<br>LEI: 529900XFER799IYOSW74 | Long             | EC               | CORP              | US        |      3882 | NS      | $852176.64    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Great Wolf Trust               | Great Wolf Trust 2024-WOLF                                   | CUSIP: 39152MAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    150000 | PA      | $150455.04    | 0.05%             | 2039-03-15      | Floating      | 5.69%                 | No            |                  2 | On Loan: No      |
| Greystone Commercial Real Esta | Greystone CRE Notes 2021-FL3 Ltd                             | CUSIP: 39809PAG0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    275000 | PA      | $272735.13    | 0.09%             | 2039-07-15      | Floating      | 6.26%                 | No            |                  2 | On Loan: No      |
| Guidewire Software Inc         | Guidewire Software Inc                                       | CUSIP: 40171V100<br>LEI: 549300WXSG0J8IXZCK32 | Long             | EC               | CORP              | US        |       776 | NS      | $178371.36    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| HCA INC                        | HCA Inc                                                      | CUSIP: 404119BX6<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |     86000 | PA      | $85176.89     | 0.03%             | 2029-06-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: —       |
| HSBC HOLDINGS PLC              | HSBC Holdings PLC                                            | CUSIP: 404280CV9<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $188743.40    | 0.07%             | 2029-08-17      | Variable      | 2.21%                 | No            |                  2 | On Loan: No      |
| Halozyme Therapeutics Inc      | Halozyme Therapeutics Inc                                    | CUSIP: 40637H109<br>LEI: 529900242I3SV9AGM753 | Long             | EC               | CORP              | US        |     14361 | NS      | $1053235.74   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Harley-Davidson Motorcycle Tru | Harley-Davidson Motorcycle Trust 2023-B                      | CUSIP: 41285YAD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    150000 | PA      | $153812.57    | 0.05%             | 2031-04-15      | Fixed         | 5.78%                 | No            |                  2 | On Loan: No      |
| HEICO Corp                     | HEICO Corp                                                   | CUSIP: 422806109<br>LEI: 529900O1DTDLCJ7L0I14 | Long             | EC               | CORP              | US        |      1591 | NS      | $513606.62    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| HEICO Corp                     | HEICO Corp                                                   | CUSIP: 422806208<br>LEI: 529900O1DTDLCJ7L0I14 | Long             | EC               | CORP              | US        |      4624 | NS      | $1174912.16   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| HubSpot Inc                    | HubSpot Inc                                                  | CUSIP: 443573100<br>LEI: 529900BLNVEW0MVKJB37 | Long             | EC               | CORP              | US        |        66 | NS      | $30874.80     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| IDEXX Laboratories Inc         | IDEXX Laboratories Inc                                       | CUSIP: 45168D104<br>LEI: OGMTXK0LUU1HKV2P0J84 | Long             | EC               | CORP              | US        |       100 | NS      | $63889.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Incyte Corp                    | Incyte Corp                                                  | CUSIP: 45337C102<br>LEI: 549300Z4WN6JVZ3T4680 | Long             | EC               | CORP              | US        |      9826 | NS      | $833343.06    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Insmed Inc                     | Insmed Inc                                                   | CUSIP: 457669307<br>LEI: 529900Q55QAG41CCAC11 | Long             | EC               | CORP              | US        |      1138 | NS      | $163883.38    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Insulet Corp                   | Insulet Corp                                                 | CUSIP: 45784P101<br>LEI: 549300TZTYD2PYN92D43 | Long             | EC               | CORP              | US        |       177 | NS      | $54645.21     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                     | Intuit Inc                                                   | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |       593 | NS      | $404965.63    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical Inc         | Intuitive Surgical Inc                                       | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |      2836 | NS      | $1268344.28   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco CLO Ltd                | Invesco CLO 2021-3 Ltd                                       | CUSIP: 46151VAA9<br>LEI: 5493000BVI47XOSBML18 | Long             | ABS-CBDO         | CORP              | KY        |    270000 | PA      | $270581.85    | 0.09%             | 2034-10-22      | Floating      | 5.23%                 | No            |                  2 | On Loan: No      |
| Itron Inc                      | Itron Inc                                                    | CUSIP: 465741106<br>LEI: 24F6LSZD18II6ICG6S41 | Long             | EC               | CORP              | US        |      2972 | NS      | $370192.32    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| JP Morgan Mortgage Trust       | JP Morgan Mortgage Trust 2019-INV3                           | CUSIP: 46591LAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     56718 | PA      | $50849.39     | 0.02%             | 2050-05-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust       | JP Morgan Mortgage Trust 2020-2                              | CUSIP: 46591TBG8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     57361 | PA      | $50694.70     | 0.02%             | 2050-07-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust       | JP Morgan Trust 2015-3                                       | CUSIP: 46644MAS5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     40668 | PA      | $37607.45     | 0.01%             | 2045-05-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO            | JPMorgan Chase & Co                                          | CUSIP: 46647PBX3<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |     17000 | PA      | $15005.51     | 0.01%             | 2032-02-04      | Variable      | 1.95%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO            | JPMorgan Chase & Co                                          | CUSIP: 46647PCC8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |     62000 | PA      | $56431.35     | 0.02%             | 2032-04-22      | Variable      | 2.58%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO            | JPMorgan Chase & Co                                          | CUSIP: 46647PCJ3<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |     46000 | PA      | $43632.75     | 0.02%             | 2029-06-01      | Variable      | 2.07%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO            | JPMorgan Chase & Co                                          | CUSIP: 46647PCP9<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    142000 | PA      | $138461.08    | 0.05%             | 2027-09-22      | Variable      | 1.47%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO            | JPMorgan Chase & Co                                          | CUSIP: 46647PCW4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |     44000 | PA      | $43224.37     | 0.02%             | 2028-02-24      | Variable      | 2.95%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust       | JP Morgan Mortgage Trust 2017-2                              | CUSIP: 46648HAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     41061 | PA      | $37054.25     | 0.01%             | 2047-05-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust       | JP MORGAN MORTGAGE TRUST 2018-5                              | CUSIP: 46649KAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     71296 | PA      | $63978.50     | 0.02%             | 2048-10-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust       | JP Morgan Mortgage Trust 2019-1                              | CUSIP: 46650HAC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      7634 | PA      | $7114.30      | 0.00%             | 2049-05-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust       | J.P. Morgan Mortgage Trust 2021-INV7                         | CUSIP: 46654CAH8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    267026 | PA      | $240114.43    | 0.08%             | 2052-02-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust       | J.P. Morgan Mortgage Trust 2022-6                            | CUSIP: 46655KAD8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    160752 | PA      | $139031.71    | 0.05%             | 2052-11-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust       | J.P. Morgan Mortgage Trust 2023-2                            | CUSIP: 46656DAH4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     66168 | PA      | $65239.79     | 0.02%             | 2053-07-25      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN INC              | Kinder Morgan Inc                                            | CUSIP: 49456BAU5<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |     65000 | PA      | $63299.73     | 0.02%             | 2026-11-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Eli Lilly & Co                 | Eli Lilly & Co                                               | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |      3026 | NS      | $2308838.00   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| SLG Office Trust               | SLG Office Trust 2021-OVA                                    | CUSIP: 78449RAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    190000 | PA      | $168650.02    | 0.06%             | 2041-07-15      | Fixed         | 2.59%                 | No            |                  2 | On Loan: No      |
| ServiceNow Inc                 | ServiceNow Inc                                               | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |       628 | NS      | $577935.84    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Sherwin-Williams Co/The        | Sherwin-Williams Co/The                                      | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |      2090 | NS      | $723683.40    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Shopify Inc                    | Shopify Inc                                                  | CUSIP: 82509L107<br>LEI: 549300HGQ43STJLLP808 | Long             | EC               | CORP              | CA        |      2794 | NS      | $415216.34    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| SIERRA PACIFIC POWER CO        | Sierra Pacific Power Co                                      | CUSIP: 826418BM6<br>LEI: QB888G5GSVGE1LD1WV84 | Long             | DBT              | CORP              | US        |    106000 | PA      | $105121.79    | 0.04%             | 2026-05-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Tru | SMB Private Education Loan Trust 2024-D                      | CUSIP: 83207QAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     85734 | PA      | $87509.70     | 0.03%             | 2053-07-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Snowflake Inc                  | Snowflake Inc                                                | CUSIP: 833445109<br>LEI: 254900CJNSY1K7T53Z16 | Long             | EC               | CORP              | US        |      3639 | NS      | $820776.45    | 0.29%             |  |  |  | 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        |      3274 | PA      | $3268.43      | 0.00%             | 2047-08-25      | Fixed         | 3.34%                 | No            |                  2 | On Loan: No      |
| SOFI CONSUMER LOAN PROGRAM TRU | SoFi Consumer Loan Program 2025-1 Trust                      | CUSIP: 83406YAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $101141.92    | 0.04%             | 2034-02-27      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Southern Copper Corp           | Southern Copper Corp                                         | CUSIP: 84265V105<br>LEI: 2549007U6NAP46Q9TU15 | Long             | EC               | CORP              | US        |       217 | NS      | $26355.93     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUTHWESTERN ELEC POWER        | Southwestern Electric Power Co                               | CUSIP: 845437BS0<br>LEI: R64UBJHEC74EB3HGQ410 | Long             | DBT              | CORP              | US        |     70000 | PA      | $69146.63     | 0.02%             | 2026-03-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| Sprouts Farmers Market Inc     | Sprouts Farmers Market Inc                                   | CUSIP: 85208M102<br>LEI: 529900P8F4G77Q52XE24 | Long             | EC               | CORP              | US        |      1126 | NS      | $122508.80    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| STEEL DYNAMICS INC             | Steel Dynamics Inc                                           | CUSIP: 858119BN9<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | DBT              | CORP              | US        |     65000 | PA      | $61770.02     | 0.02%             | 2027-10-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| Stryker Corp                   | Stryker Corp                                                 | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |      2524 | NS      | $933047.08    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| SUMITOMO MITSUI TR BK LT       | Sumitomo Mitsui Trust Bank Ltd                               | CUSIP: 86563VBA6<br>LEI: 5493006GGLR4BTEL8O61 | Long             | DBT              | CORP              | JP        |     63000 | PA      | $61847.98     | 0.02%             | 2027-03-10      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Synopsys Inc                   | Synopsys Inc                                                 | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | EC               | CORP              | US        |       474 | NS      | $233866.86    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Talen Energy Corp              | Talen Energy Corp                                            | CUSIP: 87422Q109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6977 | NS      | $2967876.26   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Somnigroup International Inc   | Somnigroup International Inc                                 | CUSIP: 88023U101<br>LEI: 549300HFEKVR3US71V91 | Long             | EC               | CORP              | US        |      3929 | NS      | $331332.57    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| United Rentals Inc             | United Rentals Inc                                           | CUSIP: 911363109<br>LEI: 5323X5O7RN0NKFCDRY08 | Long             | EC               | CORP              | US        |       461 | NS      | $440098.26    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Anglogold Ashanti Plc          | Anglogold Ashanti Plc                                        | CUSIP: N/A<br>LEI: 2138005YDSA7A82RNU96       | Long             | EC               | CORP              | GB        |     14202 | NS      | $998826.66    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| James Hardie Industries PLC    | James Hardie Industries PLC                                  | CUSIP: N/A<br>LEI: 635400NSGXKTVOO7JU45       | Long             | EC               | CORP              | IE        |      6263 | NS      | $120312.23    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Garmin Ltd                     | Garmin Ltd                                                   | CUSIP: N/A<br>LEI: 2549001E0HIPIJQ0W046       | Long             | EC               | CORP              | CH        |       730 | NS      | $179740.60    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Spotify Technology SA          | Spotify Technology SA                                        | CUSIP: N/A<br>LEI: 549300B4X0JHWV0DTD60       | Long             | EC               | CORP              | SE        |      2240 | NS      | $1563520.00   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Ferrari NV                     | Ferrari NV                                                   | CUSIP: N/A<br>LEI: 549300RIVY5EX8RCON76       | Long             | EC               | CORP              | IT        |      1352 | NS      | $656017.44    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| OVINTIV INC                    | Ovintiv Inc                                                  | CUSIP: 651290AR9<br>LEI: 2549003MEX7YMKLGI239 | Long             | DBT              | CORP              | US        |     86000 | PA      | $86035.17     | 0.03%             | 2026-01-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| NVIDIA Corp                    | NVIDIA Corp                                                  | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |    168980 | NS      | $31528288.40  | 10.98%            |  |  |  | No            |                  1 | On Loan: No      |
| NUTRIEN LTD                    | Nutrien Ltd                                                  | CUSIP: 67077MAY4<br>LEI: 5493002QQ7GD21OWF963 | Long             | DBT              | CORP              | CA        |     83000 | PA      | $82970.45     | 0.03%             | 2025-11-07      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Oak Hill Credit                | OHA Credit Funding 4 Ltd                                     | CUSIP: 67098DBC6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $501458.32    | 0.17%             | 2038-01-22      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| O'REILLY AUTOMOTIVE INC        | O'Reilly Automotive Inc                                      | CUSIP: 67103HAF4<br>LEI: 549300K2RLMQL149Q332 | Long             | DBT              | CORP              | US        |    124000 | PA      | $122888.09    | 0.04%             | 2027-09-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| OZLM Ltd                       | OZLM XV Ltd                                                  | CUSIP: 67111DBG0<br>LEI: 5493008RJIODIVVGSK16 | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $250062.50    | 0.09%             | 2033-04-20      | Floating      | 5.33%                 | No            |                  2 | On Loan: No      |
| OneMain Financial Issuance Tru | OneMain Financial Issuance Trust 2023-1                      | CUSIP: 68269JAE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    150000 | PA      | $154339.89    | 0.05%             | 2038-06-14      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Oracle Corp                    | Oracle Corp                                                  | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |      2872 | NS      | $807721.28    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| ORACLE CORP                    | Oracle Corp                                                  | CUSIP: 68389XBN4<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |     92000 | PA      | $90317.41     | 0.03%             | 2027-11-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                    | Oracle Corp                                                  | CUSIP: 68389XBV6<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    176000 | PA      | $165520.08    | 0.06%             | 2030-04-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| OSCAR US Funding Trust         | Oscar US Funding XII LLC                                     | CUSIP: 68785AAD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | JP        |     23300 | PA      | $22609.55     | 0.01%             | 2028-04-10      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Otis Worldwide Corp            | Otis Worldwide Corp                                          | CUSIP: 68902V107<br>LEI: 549300ZLBKR8VSU25153 | Long             | EC               | CORP              | US        |      3593 | NS      | $328507.99    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Palantir Technologies Inc      | Palantir Technologies Inc                                    | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |      6845 | NS      | $1248664.90   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Park Avenue Institutional Advi | Park Avenue Institutional Advisers CLO Ltd 2021-1            | CUSIP: 70015QAL2<br>LEI: 529900G1ZDEDA0MGYE20 | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $250012.05    | 0.09%             | 2034-01-20      | Floating      | 5.34%                 | No            |                  2 | On Loan: No      |
| Pegasystems Inc                | Pegasystems Inc                                              | CUSIP: 705573103<br>LEI: 549300FMCOKPL06FYN26 | Long             | EC               | CORP              | US        |       574 | NS      | $33005.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Penumbra Inc                   | Penumbra Inc                                                 | CUSIP: 70975L107<br>LEI: 549300RGE06P3ECANU72 | Long             | EC               | CORP              | US        |       997 | NS      | $252560.04    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| PEPSICO INC                    | PepsiCo Inc                                                  | CUSIP: 713448EL8<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |     69000 | PA      | $65613.20     | 0.02%             | 2029-07-29      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| Phillips 66                    | Phillips 66                                                  | CUSIP: 718546104<br>LEI: 5493005JBO5YSIGK1814 | Long             | EC               | CORP              | US        |       292 | NS      | $39717.84     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinterest Inc                  | Pinterest Inc                                                | CUSIP: 72352L106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9797 | NS      | $315169.49    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| PLAINS ALL AMER PIPELINE       | Plains All American Pipeline LP / PAA Finance Corp           | CUSIP: 72650RBJ0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     86000 | PA      | $86000.95     | 0.03%             | 2025-10-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| PMT Loan Trust                 | PMT Loan Trust 2025-INV8                                     | CUSIP: 73015EAB5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     98567 | PA      | $99237.43     | 0.03%             | 2056-07-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Popular Inc                    | Popular Inc                                                  | CUSIP: 733174700<br>LEI: 5493008CARDZMVQ3LO89 | Long             | EC               | CORP              | PR        |      2343 | NS      | $297584.43    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Progressive Corp/The           | Progressive Corp/The                                         | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |      2564 | NS      | $633179.80    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Provident Funding Mortgage Tru | Provident Funding Mortgage Trust 2021-J1                     | CUSIP: 74387MAK5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $62495.70     | 0.02%             | 2051-10-25      | Variable      | 2.00%                 | No            |                  2 | On Loan: No      |
| QUALCOMM Inc                   | QUALCOMM Inc                                                 | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |      3237 | NS      | $538507.32    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| REALTY INCOME CORP             | Realty Income Corp                                           | CUSIP: 756109AX2<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              | CORP              | US        |     96000 | PA      | $90612.10     | 0.03%             | 2031-01-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Reddit Inc                     | Reddit Inc                                                   | CUSIP: 75734B100<br>LEI: 529900APN1YHPBHPI679 | Long             | EC               | CORP              | US        |      1618 | NS      | $372123.82    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| ResMed Inc                     | ResMed Inc                                                   | CUSIP: 761152107<br>LEI: 529900T3QE5253CCXF22 | Long             | EC               | CORP              | US        |        53 | NS      | $14507.69     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Robinhood Markets Inc          | Robinhood Markets Inc                                        | CUSIP: 770700102<br>LEI: 213800FS5AO3YWIE6F63 | Long             | EC               | CORP              | US        |      6297 | NS      | $901604.46    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| ROBLOX Corp                    | ROBLOX Corp                                                  | CUSIP: 771049103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11018 | NS      | $1526213.36   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Rocket Cos Inc                 | Rocket Cos Inc                                               | CUSIP: 77311W101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     30925 | NS      | $599326.50    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| QXO Inc                        | QXO Inc                                                      | CUSIP: 82846H405<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     49248 | NS      | $938666.88    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| On Holding AG                  | On Holding AG                                                | CUSIP: N/A<br>LEI: 506700FB3467B9W95526       | Long             | EC               | CORP              | CH        |      8048 | NS      | $340832.80    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc             | Meta Platforms Inc                                           | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     21467 | NS      | $15764935.46  | 5.49%             |  |  |  | No            |                  1 | On Loan: No      |
| KITE REALTY GROUP LP           | Kite Realty Group LP                                         | CUSIP: 49803XAA1<br>LEI: 549300X6R2GYI8Y3OD81 | Long             | DBT              | CORP              | US        |     65000 | PA      | $64744.29     | 0.02%             | 2026-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Laurel Road Prime Student Loan | Laurel Road Prime Student Loan Trust 2020-A                  | CUSIP: 51889CAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     75198 | PA      | $67120.93     | 0.02%             | 2050-11-25      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| Leonardo DRS Inc               | Leonardo DRS Inc                                             | CUSIP: 52661A108<br>LEI: 549300HMMEWVG3PPQU18 | Long             | EC               | CORP              | US        |      4420 | NS      | $200668.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Media Corp-Liberty For | Liberty Media Corp-Liberty Formula One                       | CUSIP: 531229755<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4317 | NS      | $450910.65    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Loanpal Solar Loan Ltd.        | Loanpal Solar Loan 2020-2 Ltd                                | CUSIP: 53948KAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    131075 | PA      | $111206.88    | 0.04%             | 2047-07-20      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                 | Lowe's Cos Inc                                               | CUSIP: 548661EG8<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |     60000 | PA      | $59415.84     | 0.02%             | 2027-04-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| Lululemon Athletica Inc        | Lululemon Athletica Inc                                      | CUSIP: 550021109<br>LEI: 549300D9GZ4BMLDW5T40 | Long             | EC               | CORP              | CA        |       643 | NS      | $114408.99    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Lyft Inc                       | Lyft Inc                                                     | CUSIP: 55087P104<br>LEI: 549300H7I5VN334XVZ52 | Long             | EC               | CORP              | US        |     28998 | NS      | $638245.98    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Madison Avenue Trust           | MAD Commercial Mortgage Trust 2025-11MD                      | CUSIP: 55616AAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $249505.45    | 0.09%             | 2042-10-15      | Variable      | 4.75%                 | No            |                  2 | On Loan: No      |
| Manhattan Associates Inc       | Manhattan Associates Inc                                     | CUSIP: 562750109<br>LEI: 529900Q1GJP7KD52SW51 | Long             | EC               | CORP              | US        |      1550 | NS      | $317719.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Martin Marietta Materials Inc  | Martin Marietta Materials Inc                                | CUSIP: 573284106<br>LEI: 5299005MZ4WZECVATV08 | Long             | EC               | CORP              | US        |       818 | NS      | $515569.04    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| McKesson Corp                  | McKesson Corp                                                | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |      1012 | NS      | $781810.48    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Medpace Holdings Inc           | Medpace Holdings Inc                                         | CUSIP: 58506Q109<br>LEI: 549300H8TYEUVTW14A54 | Long             | EC               | CORP              | US        |       556 | NS      | $285872.96    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| MercadoLibre Inc               | MercadoLibre Inc                                             | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | UY        |       245 | NS      | $572550.30    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co Inc                 | Merck & Co Inc                                               | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |      2297 | NS      | $192787.21    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| NUCOR CORP                     | Nucor Corp                                                   | CUSIP: 670346AY1<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | DBT              | CORP              | US        |     59000 | PA      | $59242.20     | 0.02%             | 2027-05-23      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| PPG INDUSTRIES INC             | PPG Industries Inc                                           | CUSIP: 693506BU0<br>LEI: 549300BKPEP01R3V6C59 | Long             | DBT              | CORP              | US        |     97000 | PA      | $95645.59     | 0.03%             | 2026-03-15      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| PRM5 Trust                     | PRM5 Trust 2025-PRM5                                         | CUSIP: 693980AC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    125000 | PA      | $124488.41    | 0.04%             | 2033-03-10      | Variable      | 4.92%                 | No            |                  2 | On Loan: No      |
| Primerica Inc                  | Primerica Inc                                                | CUSIP: 74164M108<br>LEI: 254900621R686KJR7022 | Long             | EC               | CORP              | US        |       549 | NS      | $152396.91    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Procore Technologies Inc       | Procore Technologies Inc                                     | CUSIP: 74275K108<br>LEI: 5493005PTWY0RHYRAH22 | Long             | EC               | CORP              | US        |      2906 | NS      | $211905.52    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T INC                       | AT&T Inc                                                     | CUSIP: 00206RKH4<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    130000 | PA      | $113530.95    | 0.04%             | 2032-02-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| AbbVie Inc                     | AbbVie Inc                                                   | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |      8775 | NS      | $2031763.50   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| ABIOMED INC                    | ABIOMED INC                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      1153 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Arista Networks Inc            | Arista Networks Inc                                          | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |      7619 | NS      | $1110164.49   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Armstrong World Industries Inc | Armstrong World Industries Inc                               | CUSIP: 04247X102<br>LEI: KXMRXXOJ88Q45Y45MG74 | Long             | EC               | CORP              | US        |      2368 | NS      | $464151.68    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Astera Labs Inc                | Astera Labs Inc                                              | CUSIP: 04626A103<br>LEI: 529900LJL8TUEGF7HG20 | Long             | EC               | CORP              | US        |      8761 | NS      | $1715403.80   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| AVIATION CAPITAL GROUP         | Aviation Capital Group LLC                                   | CUSIP: 05369AAS0<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |     40000 | PA      | $40637.32     | 0.01%             | 2030-04-10      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Axon Enterprise Inc            | Axon Enterprise Inc                                          | CUSIP: 05464C101<br>LEI: 549300QP2IEEGFE16681 | Long             | EC               | CORP              | US        |       407 | NS      | $292079.48    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Bain Capital Credit CLO, Limit | Bain Capital Credit CLO 2020-5 Ltd                           | CUSIP: 05683FBE8<br>LEI: 2549006JVW9O28JU2J23 | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $250154.13    | 0.09%             | 2034-04-20      | Floating      | 5.34%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP           | Bank of America Corp                                         | CUSIP: 06051GGR4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     42000 | PA      | $41621.20     | 0.01%             | 2028-07-21      | Variable      | 3.59%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                | CVS Health Corp                                              | CUSIP: 126650DN7<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    130000 | PA      | $114125.44    | 0.04%             | 2030-08-21      | Fixed         | 1.75%                 | No            |                  2 | On Loan: —       |
| Deutsche Bank Commercial Mortg | DBJPM 20-C9 Mortgage Trust                                   | CUSIP: 233063AW6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    560382 | PA      | $25755.44     | 0.01%             | 2053-09-15      | Variable      | 1.70%                 | No            |                  2 | On Loan: No      |
| Delta Air Lines Inc            | Delta Air Lines Inc                                          | CUSIP: 247361702<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | EC               | CORP              | US        |      4826 | NS      | $273875.50    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Dexcom Inc                     | Dexcom Inc                                                   | CUSIP: 252131107<br>LEI: 549300YSK3QDSFR5EU59 | Long             | EC               | CORP              | US        |      5847 | NS      | $393444.63    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| FHLMC Multifamily Structured P | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137F62P1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    982766 | PA      | $37924.14     | 0.01%             | 2030-09-25      | Variable      | 1.04%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137F8ZX4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1379261 | PA      | $44746.55     | 0.02%             | 2030-12-25      | Variable      | 0.86%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137FTZS9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    372468 | PA      | $22265.76     | 0.01%             | 2030-04-25      | Variable      | 1.76%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                    | Freddie Mac REMICS                                           | CUSIP: 3137HCTZ5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    486283 | PA      | $489758.18    | 0.17%             | 2054-05-25      | Floating      | 5.81%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                    | Freddie Mac REMICS                                           | CUSIP: 3137HHNF4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    171060 | PA      | $171627.12    | 0.06%             | 2054-12-25      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| FISERV INC                     | Fiserv Inc                                                   | CUSIP: 337738BD9<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |     85000 | PA      | $87332.23     | 0.03%             | 2028-03-02      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| HF Sinclair Corp               | HF Sinclair Corp                                             | CUSIP: 403949100<br>LEI: 2549009G116AM01XHN24 | Long             | EC               | CORP              | US        |      1659 | NS      | $86832.06     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc/The             | Home Depot Inc/The                                           | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |      2935 | NS      | $1189232.65   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| HOME DEPOT INC                 | Home Depot Inc/The                                           | CUSIP: 437076CH3<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |     90000 | PA      | $84182.13     | 0.03%             | 2028-09-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Howmet Aerospace Inc           | Howmet Aerospace Inc                                         | CUSIP: 443201108<br>LEI: 549300HO5WFZUT5N2T22 | Long             | EC               | CORP              | US        |      2797 | NS      | $548855.31    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| ROYAL BANK OF CANADA           | Royal Bank of Canada                                         | CUSIP: 78016EZQ3<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |     70000 | PA      | $68947.55     | 0.02%             | 2026-04-27      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| ROYALTY PHARMA PLC             | Royalty Pharma PLC                                           | CUSIP: 78081BAJ2<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | GB        |    153000 | PA      | $146220.11    | 0.05%             | 2027-09-02      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| ROYALTY PHARMA PLC             | Royalty Pharma PLC                                           | CUSIP: 78081BAK9<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | GB        |     45000 | PA      | $40302.41     | 0.01%             | 2030-09-02      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| S&P Global Inc                 | S&P Global Inc                                               | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |       965 | NS      | $469675.15    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| SABINE PASS LIQUEFACTION       | Sabine Pass Liquefaction LLC                                 | CUSIP: 785592AS5<br>LEI: 549300KJYBG7C6WJYZ11 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50336.00     | 0.02%             | 2027-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| (Sunnova) Aurora I Issuer, LLC | Sunnova Helios IV Issuer LLC                                 | CUSIP: 86746CAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    154446 | PA      | $136260.22    | 0.05%             | 2047-06-20      | Fixed         | 2.98%                 | No            |                  2 | On Loan: No      |
| TCI-Symphony CLO               | TCI-Symphony CLO 2016-1 Ltd                                  | CUSIP: 87229WAQ4<br>LEI: 5493005WLG3H3B8NI222 | Long             | ABS-CBDO         | CORP              | KY        |    261132 | PA      | $261382.86    | 0.09%             | 2032-10-13      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| Tharaldson Hotel Portfolio Tru | THPT 2023-THL Mortgage Trust                                 | CUSIP: 87252LAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    198824 | PA      | $201855.14    | 0.07%             | 2034-12-10      | Variable      | 7.23%                 | No            |                  2 | On Loan: No      |
| TJX Cos Inc/The                | TJX Cos Inc/The                                              | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |       482 | NS      | $69668.28     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| TKO Group Holdings Inc         | TKO Group Holdings Inc                                       | CUSIP: 87256C101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1612 | NS      | $325559.52    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| T-MOBILE USA INC               | T-Mobile USA Inc                                             | CUSIP: 87264ABR5<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    107000 | PA      | $106155.24    | 0.04%             | 2026-02-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC               | T-Mobile USA Inc                                             | CUSIP: 87264ABV6<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14518.41     | 0.01%             | 2029-04-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC               | T-Mobile USA Inc                                             | CUSIP: 87264ACA1<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19067.58     | 0.01%             | 2028-02-15      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| TSMC                           | Taiwan Semiconductor Manufacturing Co Ltd                    | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |     19585 | NS      | $5469894.65   | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla Inc                      | Tesla Inc                                                    | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |      8929 | NS      | $3970904.88   | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments Inc          | Texas Instruments Inc                                        | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |      6010 | NS      | $1104217.30   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Roadhouse Inc            | Texas Roadhouse Inc                                          | CUSIP: 882681109<br>LEI: 5299002Y1CNRPDGXTQ75 | Long             | EC               | CORP              | US        |      1955 | NS      | $324823.25    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Toast Inc                      | Toast Inc                                                    | CUSIP: 888787108<br>LEI: 549300TN1PZNLCD4I551 | Long             | EC               | CORP              | US        |      5332 | NS      | $194671.32    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Tractor Supply Co              | Tractor Supply Co                                            | CUSIP: 892356106<br>LEI: 549300OJ9VZHZRO6I137 | Long             | EC               | CORP              | US        |      6583 | NS      | $374375.21    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Tradeweb Markets Inc           | Tradeweb Markets Inc                                         | CUSIP: 892672106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       869 | NS      | $96441.62     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Trex Co Inc                    | Trex Co Inc                                                  | CUSIP: 89531P105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3896 | NS      | $201306.32    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Twilio Inc                     | Twilio Inc                                                   | CUSIP: 90138F102<br>LEI: 5493004W8TRGD63APX93 | Long             | EC               | CORP              | US        |      4793 | NS      | $479731.37    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| United Airlines Holdings Inc   | United Airlines Holdings Inc                                 | CUSIP: 910047109<br>LEI: 98450079DA0B78DD6764 | Long             | EC               | CORP              | US        |      1889 | NS      | $182288.50    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| US TREASURY N/B                | United States Treasury Note/Bond                             | CUSIP: 91282CLR0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     79000 | PA      | $80259.06     | 0.03%             | 2029-10-31      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                | United States Treasury Note/Bond                             | CUSIP: 91282CMY4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     47700 | PA      | $47768.94     | 0.02%             | 2027-04-30      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                | United States Treasury Note/Bond                             | CUSIP: 91282CNC1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     71000 | PA      | $71668.40     | 0.02%             | 2035-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                | United States Treasury Note/Bond                             | CUSIP: 91282CND9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      5500 | PA      | $5517.83      | 0.00%             | 2028-05-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                | United States Treasury Note/Bond                             | CUSIP: 91282CNE7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    150300 | PA      | $150822.53    | 0.05%             | 2027-05-31      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                | United States Treasury Note/Bond                             | CUSIP: 91282CNJ6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      2000 | PA      | $2010.63      | 0.00%             | 2032-06-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                | United States Treasury Note/Bond                             | CUSIP: 91282CNM9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     12800 | PA      | $12883.50     | 0.00%             | 2028-07-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Veeva Systems Inc              | Veeva Systems Inc                                            | CUSIP: 922475108<br>LEI: 549300YZEXPDB92M2F02 | Long             | EC               | CORP              | US        |      5849 | NS      | $1742475.59   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| VERIZON COMMUNICATIONS         | Verizon Communications Inc                                   | CUSIP: 92343VGN8<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    139000 | PA      | $121898.97    | 0.04%             | 2032-03-15      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS         | Verizon Communications Inc                                   | CUSIP: 92343VGY4<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     60000 | PA      | $59063.40     | 0.02%             | 2035-02-15      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| Verisk Analytics Inc           | Verisk Analytics Inc                                         | CUSIP: 92345Y106<br>LEI: 549300I1YSWNIRKBWP67 | Long             | EC               | CORP              | US        |      2990 | NS      | $752014.90    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertex Pharmaceuticals Inc     | Vertex Pharmaceuticals Inc                                   | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |      1976 | NS      | $773880.64    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Vistra Corp                    | Vistra Corp                                                  | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |      8973 | NS      | $1757990.16   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Vivint Solar Financing LLC     | Vivint Solar Financing VII LLC                               | CUSIP: 92855HAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    154404 | PA      | $142818.94    | 0.05%             | 2051-07-31      | Fixed         | 2.21%                 | No            |                  2 | On Loan: No      |
| VMWARE LLC                     | VMware LLC                                                   | CUSIP: 928563AL9<br>LEI: 549300BUDHS3LRWBE814 | Long             | DBT              | CORP              | US        |     51000 | PA      | $44684.82     | 0.02%             | 2031-08-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| Voya VACS Series EMHCD Fund    | Voya VACS Series EMHCD Fund                                  | CUSIP: 92919X104<br>LEI: 549300F0L4T7FY2BWJ84 | Long             | EC               | RF                | US        |       180 | NS      | $1915.51      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Trane Technologies PLC         | Trane Technologies PLC                                       | CUSIP: N/A<br>LEI: 549300BURLR9SLYY2705       | Long             | EC               | CORP              | IE        |      2458 | NS      | $1037177.68   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML Holding NV                | ASML Holding NV                                              | CUSIP: N/A<br>LEI: 724500Y6DUVHQD6OXN27       | Long             | EC               | CORP              | NL        |       422 | NS      | $408533.98    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertiv Holdings Co             | Vertiv Holdings Co                                           | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |      5608 | NS      | $846022.88    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                       | Visa Inc                                                     | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |      8149 | NS      | $2781905.62   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| uniQure NV                     | uniQure NV                                                   | CUSIP: N/A<br>LEI: 724500RPCTZLFYJZ3S98       | Long             | EC               | CORP              | NL        |      8810 | NS      | $514239.70    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Caribbean Cruises Ltd    | Royal Caribbean Cruises Ltd                                  | CUSIP: N/A<br>LEI: K2NEH8QNVW44JIWK7Z55       | Long             | EC               | CORP              | US        |       575 | NS      | $186058.50    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Saia Inc                       | Saia Inc                                                     | CUSIP: 78709Y105<br>LEI: 549300WNPG4N9GBOYB29 | Long             | EC               | CORP              | US        |      1357 | NS      | $406231.52    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Santander Drive Auto Receivabl | Santander Drive Auto Receivables Trust 2023-6                | CUSIP: 80287DAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     91801 | PA      | $92249.78     | 0.03%             | 2028-07-17      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| Santander Drive Auto Receivabl | Santander Drive Auto Receivables Trust 2024-4                | CUSIP: 802919AD2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $100935.62    | 0.04%             | 2029-09-17      | Fixed         | 4.93%                 | No            |                  2 | On Loan: No      |
| Sea Ltd                        | Sea Ltd                                                      | CUSIP: 81141R100<br>LEI: 529900OM6JLLW44YKI15 | Long             | EC               | CORP              | SG        |     14036 | NS      | $2508654.28   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Sequoia Mortgage Trust         | Sequoia Mortgage Trust 2025-1                                | CUSIP: 81743EAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     87422 | PA      | $88658.42     | 0.03%             | 2055-01-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust         | Sequoia Mortgage Trust 2019-CH2                              | CUSIP: 81747CAA9<br>LEI: 549300RES143ZXEZ6T39 | Long             | ABS-MBS          | CORP              | US        |        37 | PA      | $36.65        | 0.00%             | 2049-08-25      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust         | Sequoia Mortgage Trust 2019-CH3                              | CUSIP: 81748GAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      4657 | PA      | $4362.26      | 0.00%             | 2049-09-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust         | Sequoia Mortgage Trust 2020-4                                | CUSIP: 81748RAH0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    200000 | PA      | $146577.94    | 0.05%             | 2050-11-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| US BANCORP                     | US Bancorp                                                   | CUSIP: 91159HJF8<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |     35000 | PA      | $35219.00     | 0.01%             | 2028-07-22      | Variable      | 4.55%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                | United States Treasury Note/Bond                             | CUSIP: 912810UG1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     70000 | PA      | $68802.34     | 0.02%             | 2055-02-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                | United States Treasury Note/Bond                             | CUSIP: 912828Z78<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     44800 | PA      | $43533.00     | 0.02%             | 2027-01-31      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                | United States Treasury Note/Bond                             | CUSIP: 91282CAT8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     55000 | PA      | $54815.23     | 0.02%             | 2025-10-31      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                | United States Treasury Note/Bond                             | CUSIP: 91282CCZ2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     91000 | PA      | $88483.28     | 0.03%             | 2026-09-30      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                | United States Treasury Note/Bond                             | CUSIP: 91282CEN7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      2000 | PA      | $1972.27      | 0.00%             | 2027-04-30      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                | United States Treasury Note/Bond                             | CUSIP: 91282CEW7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      2400 | PA      | $2384.34      | 0.00%             | 2027-06-30      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                | United States Treasury Note/Bond                             | CUSIP: 91282CFF3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     19000 | PA      | $17662.58     | 0.01%             | 2032-08-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                | United States Treasury Note/Bond                             | CUSIP: 91282CFV8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     84400 | PA      | $85372.58     | 0.03%             | 2032-11-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                | United States Treasury Note/Bond                             | CUSIP: 91282CGM7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    178900 | PA      | $173686.74    | 0.06%             | 2033-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                | United States Treasury Note/Bond                             | CUSIP: 91282CHH7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      2500 | PA      | $2505.57      | 0.00%             | 2026-06-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                | United States Treasury Note/Bond                             | CUSIP: 91282CKV2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      3000 | PA      | $3047.70      | 0.00%             | 2027-06-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                | United States Treasury Note/Bond                             | CUSIP: 91282CLL3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     43000 | PA      | $42803.48     | 0.01%             | 2027-09-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc         | UnitedHealth Group Inc                                       | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |      1082 | NS      | $373614.60    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-24

**Name of Applicant:** Wilshire Mutual Funds Inc

**Signature:** /s/ Gaurav Chopra

**Name of Signer:** Wilshire Mutual Funds Inc

**Title:** Assistant Treasurer