# EDGAR Filing Document

**Accession Number:** 0001081400
**File Stem:** 0001752724-25-180799
**Filing Date:** 2025-7
**Character Count:** 289451
**Document Hash:** 5c5f5e6ba8741477ba57ddfff2c435be
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-180799.hdr.sgml**: 20250728

**ACCESSION NUMBER**: 0001752724-25-180799

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250728

**DATE AS OF CHANGE**: 20250728

**PERIOD START**: 20250831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ALLSPRING FUNDS TRUST
- **CENTRAL INDEX KEY:** 0001081400

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09253
- **FILM NUMBER:** 251155307

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

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

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

## Series and Classes Contracts Data

### Allspring Adjustable Rate Government Fund (Series ID: S000029096)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000089445 | Class A             | ESAAX           |
| C000089447 | Class C             | ESACX           |
| C000089448 | Institutional Class | EKIZX           |
| C000092798 | Administrator Class | ESADX           |

## Nport-Ex

Portfolio of investments—May 31, 2025 (unaudited)

Portfolio of investments

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest <br>rate<br>| Maturity <br>date<br>| Principal | Value |
| **Agency securities: 81.49%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FHLMC Multifamily Structured Pass-Through Certificates <br> Series KF144 Class AS (30 Day Average U.S. SOFR+0.75%)±<br>| 5.10<br> %<br>| &nbsp;&nbsp; 9-25-2032 | $3602851 | &nbsp;&nbsp; $3611569 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FHLMC Multifamily Structured Pass-Through Certificates Series KF85 <br> Class AL (30 Day Average U.S. SOFR+0.41%)±<br>| 4.77 | &nbsp;&nbsp; 8-25-2030 | 126530 | &nbsp;&nbsp; 126153 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FHLMC Multifamily Structured Pass-Through Certificates Series KI08 <br> Class A (30 Day Average U.S. SOFR+0.20%)±<br>| 4.55 | &nbsp;&nbsp; 10-25-2026 | 1937859 | &nbsp;&nbsp; 1930131 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FHLMC Multifamily Structured Pass-Through Certificates Series Q016 <br> Class APT2±±<br>| 1.47 | &nbsp;&nbsp; 5-25-2051 | 3424979 | &nbsp;&nbsp; 3177739 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FHLMC Multifamily Structured Pass-Through Certificates Series Q030 <br> Class A (30 Day Average U.S. SOFR+0.94%)±<br>| 5.29 | &nbsp;&nbsp; 1-25-2044 | 1991561 | &nbsp;&nbsp; 1987870 |
| &nbsp;&nbsp;&nbsp; FHLMC STRIPS Series 20 Class F±± | 5.72 | &nbsp;&nbsp; 7-1-2029 | 163 | &nbsp;&nbsp; 163 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FHLMC STRIPS Series 264 Class F1 (30 Day Average <br> U.S. SOFR+0.66%)±<br>| 5.00 | &nbsp;&nbsp; 7-15-2042 | 470638 | &nbsp;&nbsp; 463313 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FHLMC STRIPS Series 319 Class F1 (30 Day Average <br> U.S. SOFR+0.56%)±<br>| 4.90 | &nbsp;&nbsp; 11-15-2043 | 687597 | &nbsp;&nbsp; 673288 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FHLMC Structured Pass-Through Certificates Series T-16 Class A (30 <br> Day Average U.S. SOFR+0.46%)±<br>| 4.79 | &nbsp;&nbsp; 6-25-2029 | 662690 | &nbsp;&nbsp; 636235 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FHLMC Structured Pass-Through Certificates Series T-20 Class A7 <br> (30 Day Average U.S. SOFR+0.41%)±<br>| 4.74 | &nbsp;&nbsp; 12-25-2029 | 1459220 | &nbsp;&nbsp; 1407336 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FHLMC Structured Pass-Through Certificates Series T-27 Class A (30 <br> Day Average U.S. SOFR+0.41%)±<br>| 4.74 | &nbsp;&nbsp; 10-25-2030 | 320310 | &nbsp;&nbsp; 319639 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FHLMC Structured Pass-Through Certificates Series T-30 Class A7 <br> (30 Day Average U.S. SOFR+0.35%)±<br>| 4.68 | &nbsp;&nbsp; 12-25-2030 | 424087 | &nbsp;&nbsp; 402432 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FHLMC Structured Pass-Through Certificates Series T-35 Class A (30 <br> Day Average U.S. SOFR+0.39%)±<br>| 4.72 | &nbsp;&nbsp; 9-25-2031 | 535031 | &nbsp;&nbsp; 532637 |
| &nbsp;&nbsp;&nbsp; FHLMC Structured Pass-Through Certificates Series T-48 Class 2A±± | 4.35 | &nbsp;&nbsp; 7-25-2033 | 694776 | &nbsp;&nbsp; 653598 |
| &nbsp;&nbsp;&nbsp; FHLMC Structured Pass-Through Certificates Series T-54 Class 4A±± | 4.29 | &nbsp;&nbsp; 2-25-2043 | 413934 | &nbsp;&nbsp; 393789 |
| &nbsp;&nbsp;&nbsp; FHLMC Structured Pass-Through Certificates Series T-55 Class 1A1 | 6.50 | &nbsp;&nbsp; 3-25-2043 | 21823 | &nbsp;&nbsp; 22181 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FHLMC Structured Pass-Through Certificates Series T-56 Class 3AF <br> (30 Day Average U.S. SOFR+1.11%)±<br>| 5.44 | &nbsp;&nbsp; 5-25-2043 | 662883 | &nbsp;&nbsp; 667152 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FHLMC Structured Pass-Through Certificates Series T-62 Class 1A1 <br> (12 Month Treasury Average+1.20%)±<br>| 5.70 | &nbsp;&nbsp; 10-25-2044 | 1085946 | &nbsp;&nbsp; 991862 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FHLMC Structured Pass-Through Certificates Series T-63 Class 1A1 <br> (12 Month Treasury Average+1.20%)±<br>| 5.70 | &nbsp;&nbsp; 2-25-2045 | 977236 | &nbsp;&nbsp; 941110 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FHLMC Structured Pass-Through Certificates Series T-66 <br> Class 2A1±±<br>| 4.89 | &nbsp;&nbsp; 1-25-2036 | 648403 | &nbsp;&nbsp; 625721 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FHLMC Structured Pass-Through Certificates Series T-67 <br> Class 1A1C±±<br>| 4.08 | &nbsp;&nbsp; 3-25-2036 | 1639740 | &nbsp;&nbsp; 1566756 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FHLMC Structured Pass-Through Certificates Series T-67 <br> Class 2A1C±±<br>| 4.09 | &nbsp;&nbsp; 3-25-2036 | 1584857 | &nbsp;&nbsp; 1485768 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+1.95%)± | 6.78 | &nbsp;&nbsp; 5-1-2035 | 129131 | &nbsp;&nbsp; 130800 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+1.97%)± | 6.70 | &nbsp;&nbsp; 8-1-2033 | 134035 | &nbsp;&nbsp; 133767 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+1.99%)± | 6.49 | &nbsp;&nbsp; 11-1-2034 | 23716 | &nbsp;&nbsp; 24013 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.05%)± | 6.74 | &nbsp;&nbsp; 12-1-2035 | 100633 | &nbsp;&nbsp; 102445 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.10%)± | 6.44 | &nbsp;&nbsp; 10-1-2037 | 114155 | &nbsp;&nbsp; 115947 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.16%)± | 6.52 | &nbsp;&nbsp; 6-1-2033 | 210742 | &nbsp;&nbsp; 214379 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.17%)± | 7.17 | &nbsp;&nbsp; 5-1-2037 | 8598 | &nbsp;&nbsp; 8780 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.18%)± | 6.49 | &nbsp;&nbsp; 6-1-2036 | 180333 | &nbsp;&nbsp; 185868 |

---

See accompanying notes to portfolio of investments

Allspring Adjustable Rate Government Fund \| 1

------

Portfolio of investments—May 31, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Agency securities**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.19%)± | 6.57<br> %<br>| &nbsp;&nbsp; 1-1-2037 | $178259 | &nbsp;&nbsp; $182301 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.22%)± | 6.34 | &nbsp;&nbsp; 12-1-2033 | 101111 | &nbsp;&nbsp; 103125 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.23%)± | 6.48 | &nbsp;&nbsp; 2-1-2034 | 141069 | &nbsp;&nbsp; 144067 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.23%)± | 6.48 | &nbsp;&nbsp; 4-1-2034 | 54074 | &nbsp;&nbsp; 55026 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.23%)± | 6.48 | &nbsp;&nbsp; 4-1-2034 | 33418 | &nbsp;&nbsp; 34081 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.23%)± | 7.23 | &nbsp;&nbsp; 6-1-2035 | 47147 | &nbsp;&nbsp; 48149 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.23%)± | 7.35 | &nbsp;&nbsp; 11-1-2026 | 11857 | &nbsp;&nbsp; 11829 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.24%)± | 6.49 | &nbsp;&nbsp; 3-1-2027 | 6624 | &nbsp;&nbsp; 6607 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.24%)± | 6.71 | &nbsp;&nbsp; 4-1-2036 | 68748 | &nbsp;&nbsp; 70555 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.25%)± | 6.50 | &nbsp;&nbsp; 8-1-2027 | 529 | &nbsp;&nbsp; 528 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.25%)± | 6.50 | &nbsp;&nbsp; 4-1-2034 | 16386 | &nbsp;&nbsp; 16622 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.25%)± | 6.50 | &nbsp;&nbsp; 5-1-2034 | 84816 | &nbsp;&nbsp; 86500 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.25%)± | 6.59 | &nbsp;&nbsp; 4-1-2038 | 216350 | &nbsp;&nbsp; 222382 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.25%)± | 6.61 | &nbsp;&nbsp; 1-1-2037 | 17944 | &nbsp;&nbsp; 18585 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.25%)± | 6.70 | &nbsp;&nbsp; 12-1-2034 | 66035 | &nbsp;&nbsp; 67613 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.25%)± | 6.90 | &nbsp;&nbsp; 6-1-2035 | 18564 | &nbsp;&nbsp; 19163 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.25%)± | 6.95 | &nbsp;&nbsp; 5-1-2034 | 21061 | &nbsp;&nbsp; 21620 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.25%)± | 6.96 | &nbsp;&nbsp; 5-1-2038 | 134401 | &nbsp;&nbsp; 137693 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.25%)± | 7.35 | &nbsp;&nbsp; 9-1-2033 | 32802 | &nbsp;&nbsp; 33626 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.26%)± | 6.97 | &nbsp;&nbsp; 4-1-2037 | 656670 | &nbsp;&nbsp; 677630 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.27%)± | 6.77 | &nbsp;&nbsp; 11-1-2029 | 18770 | &nbsp;&nbsp; 18873 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.28%)± | 6.65 | &nbsp;&nbsp; 1-1-2035 | 100221 | &nbsp;&nbsp; 102821 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.28%)± | 7.34 | &nbsp;&nbsp; 7-1-2034 | 50302 | &nbsp;&nbsp; 50368 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.29%)± | 6.85 | &nbsp;&nbsp; 9-1-2033 | 111015 | &nbsp;&nbsp; 113251 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.29%)± | 7.33 | &nbsp;&nbsp; 11-1-2027 | 31376 | &nbsp;&nbsp; 31339 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.30%)± | 7.39 | &nbsp;&nbsp; 7-1-2027 | 43044 | &nbsp;&nbsp; 43120 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.35%)± | 5.48 | &nbsp;&nbsp; 7-1-2031 | 7504 | &nbsp;&nbsp; 7462 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.35%)± | 7.01 | &nbsp;&nbsp; 10-1-2033 | 162774 | &nbsp;&nbsp; 163380 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.35%)± | 7.48 | &nbsp;&nbsp; 7-1-2038 | 124231 | &nbsp;&nbsp; 127778 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.36%)± | 6.61 | &nbsp;&nbsp; 4-1-2038 | 313882 | &nbsp;&nbsp; 323900 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.36%)± | 6.74 | &nbsp;&nbsp; 2-1-2035 | 157633 | &nbsp;&nbsp; 161891 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.36%)± | 7.01 | &nbsp;&nbsp; 4-1-2032 | 226740 | &nbsp;&nbsp; 228227 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.36%)± | 7.15 | &nbsp;&nbsp; 1-1-2028 | 332 | &nbsp;&nbsp; 332 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.36%)± | 7.48 | &nbsp;&nbsp; 1-1-2028 | 826 | &nbsp;&nbsp; 827 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.38%)± | 6.84 | &nbsp;&nbsp; 2-1-2034 | 664831 | &nbsp;&nbsp; 680058 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.40%)± | 6.83 | &nbsp;&nbsp; 1-1-2037 | 332356 | &nbsp;&nbsp; 343855 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.40%)± | 7.03 | &nbsp;&nbsp; 6-1-2035 | 93392 | &nbsp;&nbsp; 94974 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.40%)± | 7.34 | &nbsp;&nbsp; 7-1-2029 | 7794 | &nbsp;&nbsp; 7828 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.40%)± | 7.40 | &nbsp;&nbsp; 11-1-2029 | 716 | &nbsp;&nbsp; 710 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.40%)± | 7.53 | &nbsp;&nbsp; 7-1-2031 | 10697 | &nbsp;&nbsp; 10761 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.40%)± | 7.53 | &nbsp;&nbsp; 9-1-2031 | 21024 | &nbsp;&nbsp; 21337 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.47%)± | 7.60 | &nbsp;&nbsp; 7-1-2034 | 79837 | &nbsp;&nbsp; 82227 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.48%)± | 6.64 | &nbsp;&nbsp; 6-1-2030 | 9084 | &nbsp;&nbsp; 9101 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.48%)± | 6.73 | &nbsp;&nbsp; 2-1-2030 | 14361 | &nbsp;&nbsp; 14489 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.48%)± | 6.73 | &nbsp;&nbsp; 6-1-2030 | 8618 | &nbsp;&nbsp; 8660 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.48%)± | 7.57 | &nbsp;&nbsp; 6-1-2030 | 70999 | &nbsp;&nbsp; 71394 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.49%)± | 7.00 | &nbsp;&nbsp; 12-1-2032 | 44123 | &nbsp;&nbsp; 45116 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.52%)± | 5.77 | &nbsp;&nbsp; 11-1-2029 | 21537 | &nbsp;&nbsp; 21492 |

---

See accompanying notes to portfolio of investments

2 \| Allspring Adjustable Rate Government Fund

------

Portfolio of investments—May 31, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Agency securities**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.55%)± | 6.67<br> %<br>| &nbsp;&nbsp; 9-1-2029 | $10094 | &nbsp;&nbsp; $10110 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.60%)± | 6.85 | &nbsp;&nbsp; 6-1-2032 | 106777 | &nbsp;&nbsp; 108186 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.61%)± | 5.99 | &nbsp;&nbsp; 9-1-2030 | 17079 | &nbsp;&nbsp; 17086 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.76%)± | 7.51 | &nbsp;&nbsp; 5-1-2028 | 24163 | &nbsp;&nbsp; 24294 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.91%)± | 7.88 | &nbsp;&nbsp; 9-1-2030 | 5984 | &nbsp;&nbsp; 6007 |
| &nbsp;&nbsp;&nbsp; FHLMC (11th District COFI+1.25%)± | 4.24 | &nbsp;&nbsp; 1-1-2030 | 1281 | &nbsp;&nbsp; 1256 |
| &nbsp;&nbsp;&nbsp; FHLMC (11th District COFI+1.25%)± | 4.24 | &nbsp;&nbsp; 7-1-2030 | 30168 | &nbsp;&nbsp; 29520 |
| &nbsp;&nbsp;&nbsp; FHLMC (11th District COFI+1.25%)± | 4.72 | &nbsp;&nbsp; 11-1-2030 | 4450 | &nbsp;&nbsp; 4363 |
| &nbsp;&nbsp;&nbsp; FHLMC (12 Month Treasury Average+2.01%)± | 7.01 | &nbsp;&nbsp; 5-1-2028 | 3019 | &nbsp;&nbsp; 3011 |
| &nbsp;&nbsp;&nbsp; FHLMC (12 Month Treasury Average+2.45%)± | 7.02 | &nbsp;&nbsp; 10-1-2029 | 27955 | &nbsp;&nbsp; 28019 |
| &nbsp;&nbsp;&nbsp; FHLMC (3 Year Treasury Constant Maturity+2.40%)± | 4.90 | &nbsp;&nbsp; 5-1-2031 | 17935 | &nbsp;&nbsp; 17908 |
| &nbsp;&nbsp;&nbsp; FHLMC (3 Year Treasury Constant Maturity+2.44%)± | 5.10 | &nbsp;&nbsp; 5-1-2032 | 33945 | &nbsp;&nbsp; 33932 |
| &nbsp;&nbsp;&nbsp; FHLMC (3 Year Treasury Constant Maturity+2.88%)± | 5.34 | &nbsp;&nbsp; 6-1-2035 | 104621 | &nbsp;&nbsp; 104789 |
| &nbsp;&nbsp;&nbsp; FHLMC (5 Year Treasury Constant Maturity+2.13%)± | 6.00 | &nbsp;&nbsp; 8-1-2029 | 2256 | &nbsp;&nbsp; 2271 |
| &nbsp;&nbsp;&nbsp; FHLMC (5 Year Treasury Constant Maturity+2.44%)± | 3.57 | &nbsp;&nbsp; 8-1-2027 | 7817 | &nbsp;&nbsp; 7692 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.51%)± | 6.51 | &nbsp;&nbsp; 2-1-2037 | 37242 | &nbsp;&nbsp; 37712 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.61%)± | 7.13 | &nbsp;&nbsp; 7-1-2044 | 62829 | &nbsp;&nbsp; 64632 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.62%)± | 3.11 | &nbsp;&nbsp; 2-1-2050 | 349684 | &nbsp;&nbsp; 348238 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.62%)± | 6.83 | &nbsp;&nbsp; 7-1-2045 | 236234 | &nbsp;&nbsp; 242819 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.64%)± | 2.62 | &nbsp;&nbsp; 6-1-2050 | 2086536 | &nbsp;&nbsp; 1937816 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.67%)± | 6.54 | &nbsp;&nbsp; 8-1-2035 | 96504 | &nbsp;&nbsp; 98147 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.72%)± | 6.57 | &nbsp;&nbsp; 5-1-2037 | 345946 | &nbsp;&nbsp; 356032 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.73%)± | 6.92 | &nbsp;&nbsp; 1-1-2035 | 125613 | &nbsp;&nbsp; 127985 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.74%)± | 6.69 | &nbsp;&nbsp; 12-1-2036 | 98711 | &nbsp;&nbsp; 102126 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.75%)± | 6.75 | &nbsp;&nbsp; 4-1-2035 | 60162 | &nbsp;&nbsp; 61424 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.75%)± | 7.06 | &nbsp;&nbsp; 5-1-2033 | 38103 | &nbsp;&nbsp; 38632 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.75%)± | 7.57 | &nbsp;&nbsp; 6-1-2033 | 93338 | &nbsp;&nbsp; 94782 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.76%)± | 6.85 | &nbsp;&nbsp; 9-1-2037 | 94789 | &nbsp;&nbsp; 98176 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.77%)± | 6.98 | &nbsp;&nbsp; 9-1-2039 | 447323 | &nbsp;&nbsp; 459070 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.77%)± | 7.28 | &nbsp;&nbsp; 10-1-2036 | 103256 | &nbsp;&nbsp; 106212 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.77%)± | 7.46 | &nbsp;&nbsp; 10-1-2035 | 327932 | &nbsp;&nbsp; 333847 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.77%)± | 7.50 | &nbsp;&nbsp; 8-1-2042 | 65666 | &nbsp;&nbsp; 68081 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.77%)± | 7.65 | &nbsp;&nbsp; 6-1-2035 | 106469 | &nbsp;&nbsp; 107681 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.78%)± | 7.07 | &nbsp;&nbsp; 11-1-2035 | 51300 | &nbsp;&nbsp; 52284 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.80%)± | 6.83 | &nbsp;&nbsp; 5-1-2039 | 142588 | &nbsp;&nbsp; 145422 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.80%)± | 7.06 | &nbsp;&nbsp; 8-1-2037 | 404391 | &nbsp;&nbsp; 416013 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.80%)± | 7.13 | &nbsp;&nbsp; 1-1-2040 | 682409 | &nbsp;&nbsp; 705678 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.81%)± | 6.75 | &nbsp;&nbsp; 4-1-2035 | 316040 | &nbsp;&nbsp; 323693 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.81%)± | 7.02 | &nbsp;&nbsp; 9-1-2037 | 95743 | &nbsp;&nbsp; 98655 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.85%)± | 7.04 | &nbsp;&nbsp; 7-1-2038 | 330476 | &nbsp;&nbsp; 341776 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.87%)± | 6.87 | &nbsp;&nbsp; 5-1-2035 | 7279 | &nbsp;&nbsp; 7406 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.87%)± | 7.02 | &nbsp;&nbsp; 9-1-2036 | 154839 | &nbsp;&nbsp; 158279 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.88%)± | 6.88 | &nbsp;&nbsp; 4-1-2037 | 66783 | &nbsp;&nbsp; 68401 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.91%)± | 6.78 | &nbsp;&nbsp; 3-1-2032 | 59120 | &nbsp;&nbsp; 60084 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.93%)± | 6.93 | &nbsp;&nbsp; 4-1-2037 | 30981 | &nbsp;&nbsp; 31674 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.93%)± | 7.05 | &nbsp;&nbsp; 4-1-2035 | 398063 | &nbsp;&nbsp; 406154 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.99%)± | 7.19 | &nbsp;&nbsp; 7-1-2036 | 93747 | &nbsp;&nbsp; 95453 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+2.07%)± | 7.01 | &nbsp;&nbsp; 3-1-2038 | 299686 | &nbsp;&nbsp; 310451 |

---

See accompanying notes to portfolio of investments

Allspring Adjustable Rate Government Fund \| 3

------

Portfolio of investments—May 31, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Agency securities**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT6M+1.42%)± | 6.17<br> %<br>| &nbsp;&nbsp; 2-1-2037 | $515 | &nbsp;&nbsp; $522 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT6M+1.68%)± | 6.33 | &nbsp;&nbsp; 1-1-2037 | 297742 | &nbsp;&nbsp; 305403 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT6M+1.83%)± | 6.66 | &nbsp;&nbsp; 6-1-2037 | 113058 | &nbsp;&nbsp; 113198 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT6M+2.12%)± | 6.88 | &nbsp;&nbsp; 5-1-2037 | 16940 | &nbsp;&nbsp; 16940 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT6M+2.36%)± | 7.23 | &nbsp;&nbsp; 6-1-2026 | 2118 | &nbsp;&nbsp; 2125 |
| &nbsp;&nbsp;&nbsp; FHLMC Series 2315 Class FW (30 Day Average U.S. SOFR+0.66%)± | 5.00 | &nbsp;&nbsp; 4-15-2027 | 2929 | &nbsp;&nbsp; 2930 |
| &nbsp;&nbsp;&nbsp; FHLMC Series 2391 Class EF (30 Day Average U.S. SOFR+0.61%)± | 4.95 | &nbsp;&nbsp; 6-15-2031 | 14195 | &nbsp;&nbsp; 14144 |
| &nbsp;&nbsp;&nbsp; FHLMC Series 2454 Class SL (30 Day Average U.S. SOFR+7.89%)ƒ± | 3.55 | &nbsp;&nbsp; 3-15-2032 | 31981 | &nbsp;&nbsp; 2981 |
| &nbsp;&nbsp;&nbsp; FHLMC Series 2461 Class FI (30 Day Average U.S. SOFR+0.61%)± | 4.95 | &nbsp;&nbsp; 4-15-2028 | 8171 | &nbsp;&nbsp; 8161 |
| &nbsp;&nbsp;&nbsp; FHLMC Series 2464 Class FE (30 Day Average U.S. SOFR+1.11%)± | 5.45 | &nbsp;&nbsp; 3-15-2032 | 20844 | &nbsp;&nbsp; 21004 |
| &nbsp;&nbsp;&nbsp; FHLMC Series 2466 Class FV (30 Day Average U.S. SOFR+0.66%)± | 5.00 | &nbsp;&nbsp; 3-15-2032 | 40263 | &nbsp;&nbsp; 40222 |
| &nbsp;&nbsp;&nbsp; FHLMC Series 2538 Class F (30 Day Average U.S. SOFR+0.71%)± | 5.05 | &nbsp;&nbsp; 12-15-2032 | 93535 | &nbsp;&nbsp; 93651 |
| &nbsp;&nbsp;&nbsp; FHLMC Series 3067 Class FA (30 Day Average U.S. SOFR+0.46%)± | 4.80 | &nbsp;&nbsp; 11-15-2035 | 347513 | &nbsp;&nbsp; 343436 |
| &nbsp;&nbsp;&nbsp; FHLMC Series 3114 Class FT (30 Day Average U.S. SOFR+0.46%)± | 4.80 | &nbsp;&nbsp; 9-15-2030 | 73648 | &nbsp;&nbsp; 73345 |
| &nbsp;&nbsp;&nbsp; FHLMC Series 3140 Class GF (30 Day Average U.S. SOFR+0.46%)± | 4.80 | &nbsp;&nbsp; 3-15-2036 | 309560 | &nbsp;&nbsp; 305589 |
| &nbsp;&nbsp;&nbsp; FHLMC Series 3146 Class FP (30 Day Average U.S. SOFR+0.46%)± | 4.80 | &nbsp;&nbsp; 4-15-2036 | 266729 | &nbsp;&nbsp; 263648 |
| &nbsp;&nbsp;&nbsp; FHLMC Series 3149 Class FB (30 Day Average U.S. SOFR+0.46%)± | 4.80 | &nbsp;&nbsp; 5-15-2036 | 460836 | &nbsp;&nbsp; 456365 |
| &nbsp;&nbsp;&nbsp; FHLMC Series 3240 Class FM (30 Day Average U.S. SOFR+0.46%)± | 4.80 | &nbsp;&nbsp; 11-15-2036 | 486157 | &nbsp;&nbsp; 479733 |
| &nbsp;&nbsp;&nbsp; FHLMC Series 3284 Class CF (30 Day Average U.S. SOFR+0.48%)± | 4.82 | &nbsp;&nbsp; 3-15-2037 | 317960 | &nbsp;&nbsp; 313123 |
| &nbsp;&nbsp;&nbsp; FHLMC Series 3286 Class FA (30 Day Average U.S. SOFR+0.51%)± | 4.85 | &nbsp;&nbsp; 3-15-2037 | 32792 | &nbsp;&nbsp; 32280 |
| &nbsp;&nbsp;&nbsp; FHLMC Series 3311 Class KF (30 Day Average U.S. SOFR+0.45%)± | 4.79 | &nbsp;&nbsp; 5-15-2037 | 567399 | &nbsp;&nbsp; 558787 |
| &nbsp;&nbsp;&nbsp; FHLMC Series 3312 Class FN (30 Day Average U.S. SOFR+0.33%)± | 4.67 | &nbsp;&nbsp; 7-15-2036 | 501798 | &nbsp;&nbsp; 493243 |
| &nbsp;&nbsp;&nbsp; FHLMC Series 3436 Class A±± | 7.22 | &nbsp;&nbsp; 11-15-2036 | 149885 | &nbsp;&nbsp; 152750 |
| &nbsp;&nbsp;&nbsp; FHLMC Series 3684 Class FM (30 Day Average U.S. SOFR+0.46%)± | 4.80 | &nbsp;&nbsp; 11-15-2036 | 726407 | &nbsp;&nbsp; 716431 |
| &nbsp;&nbsp;&nbsp; FHLMC Series 3753 Class FA (30 Day Average U.S. SOFR+0.61%)± | 4.95 | &nbsp;&nbsp; 11-15-2040 | 791301 | &nbsp;&nbsp; 779192 |
| &nbsp;&nbsp;&nbsp; FHLMC Series 3757 Class PF (30 Day Average U.S. SOFR+0.61%)± | 4.95 | &nbsp;&nbsp; 8-15-2040 | 154492 | &nbsp;&nbsp; 153899 |
| &nbsp;&nbsp;&nbsp; FHLMC Series 3822 Class FY (30 Day Average U.S. SOFR+0.51%)± | 4.85 | &nbsp;&nbsp; 2-15-2033 | 280219 | &nbsp;&nbsp; 279406 |
| &nbsp;&nbsp;&nbsp; FHLMC Series 3827 Class DF (30 Day Average U.S. SOFR+0.56%)± | 4.90 | &nbsp;&nbsp; 3-15-2041 | 102751 | &nbsp;&nbsp; 101201 |
| &nbsp;&nbsp;&nbsp; FHLMC Series 3925 Class FL (30 Day Average U.S. SOFR+0.56%)± | 4.90 | &nbsp;&nbsp; 1-15-2041 | 20788 | &nbsp;&nbsp; 20749 |
| &nbsp;&nbsp;&nbsp; FHLMC Series 3997 Class FQ (30 Day Average U.S. SOFR+0.61%)± | 4.95 | &nbsp;&nbsp; 2-15-2042 | 346980 | &nbsp;&nbsp; 339782 |
| &nbsp;&nbsp;&nbsp; FHLMC Series 4013 Class QF (30 Day Average U.S. SOFR+0.66%)± | 5.00 | &nbsp;&nbsp; 3-15-2041 | 139304 | &nbsp;&nbsp; 138918 |
| &nbsp;&nbsp;&nbsp; FHLMC Series 4039 Class FA (30 Day Average U.S. SOFR+0.61%)± | 4.95 | &nbsp;&nbsp; 5-15-2042 | 585738 | &nbsp;&nbsp; 577881 |
| &nbsp;&nbsp;&nbsp; FHLMC Series 4136 Class DF (30 Day Average U.S. SOFR+0.41%)± | 4.75 | &nbsp;&nbsp; 11-15-2042 | 367398 | &nbsp;&nbsp; 357356 |
| &nbsp;&nbsp;&nbsp; FHLMC Series 4143 Class KF (30 Day Average U.S. SOFR+0.46%)± | 4.80 | &nbsp;&nbsp; 9-15-2037 | 815812 | &nbsp;&nbsp; 794222 |
| &nbsp;&nbsp;&nbsp; FHLMC Series 4248 Class FL (30 Day Average U.S. SOFR+0.56%)± | 4.90 | &nbsp;&nbsp; 5-15-2041 | 128606 | &nbsp;&nbsp; 128028 |
| &nbsp;&nbsp;&nbsp; FHLMC Series 4316 Class JF (30 Day Average U.S. SOFR+0.51%)± | 4.85 | &nbsp;&nbsp; 1-15-2044 | 496147 | &nbsp;&nbsp; 488045 |
| &nbsp;&nbsp;&nbsp; FHLMC Series 4474 Class WF (30 Day Average U.S. SOFR+0.46%)± | 4.80 | &nbsp;&nbsp; 12-15-2036 | 650542 | &nbsp;&nbsp; 640998 |
| &nbsp;&nbsp;&nbsp; FHLMC Series 4477 Class FG (30 Day Average U.S. SOFR+0.41%)± | 4.75 | &nbsp;&nbsp; 10-15-2040 | 722624 | &nbsp;&nbsp; 709906 |
| &nbsp;&nbsp;&nbsp; FHLMC Series 4503 Class FA (30 Day Average U.S. SOFR+0.46%)± | 4.80 | &nbsp;&nbsp; 2-15-2042 | 860085 | &nbsp;&nbsp; 837363 |
| &nbsp;&nbsp;&nbsp; FHLMC Series 4515 Class FA (30 Day Average U.S. SOFR+0.48%)± | 4.82 | &nbsp;&nbsp; 8-15-2038 | 102570 | &nbsp;&nbsp; 101186 |
| &nbsp;&nbsp;&nbsp; FHLMC Series 4678 Class AF (30 Day Average U.S. SOFR+0.51%)± | 4.85 | &nbsp;&nbsp; 12-15-2042 | 609358 | &nbsp;&nbsp; 601331 |
| &nbsp;&nbsp;&nbsp; FHLMC Series 4691 Class FA (30 Day Average U.S. SOFR+0.46%)± | 4.80 | &nbsp;&nbsp; 6-15-2047 | 368361 | &nbsp;&nbsp; 358301 |
| &nbsp;&nbsp;&nbsp; FHLMC Series 4754 Class FM (30 Day Average U.S. SOFR+0.41%)± | 4.75 | &nbsp;&nbsp; 2-15-2048 | 913793 | &nbsp;&nbsp; 880814 |
| &nbsp;&nbsp;&nbsp; FHLMC Series 4779 Class WF (30 Day Average U.S. SOFR+0.46%)± | 4.80 | &nbsp;&nbsp; 7-15-2044 | 760692 | &nbsp;&nbsp; 745204 |
| &nbsp;&nbsp;&nbsp; FHLMC Series 4821 Class FA (30 Day Average U.S. SOFR+0.41%)± | 4.75 | &nbsp;&nbsp; 7-15-2048 | 247458 | &nbsp;&nbsp; 238186 |
| &nbsp;&nbsp;&nbsp; FHLMC Series 4831 Class FD (30 Day Average U.S. SOFR+0.41%)± | 4.75 | &nbsp;&nbsp; 10-15-2048 | 842920 | &nbsp;&nbsp; 813164 |
| &nbsp;&nbsp;&nbsp; FHLMC Series 4842 Class FA (30 Day Average U.S. SOFR+0.46%)± | 4.80 | &nbsp;&nbsp; 11-15-2048 | 642356 | &nbsp;&nbsp; 620531 |
| &nbsp;&nbsp;&nbsp; FHLMC Series 4908 Class FA (30 Day Average U.S. SOFR+0.55%)± | 4.89 | &nbsp;&nbsp; 12-15-2042 | 968499 | &nbsp;&nbsp; 957701 |

---

See accompanying notes to portfolio of investments

4 \| Allspring Adjustable Rate Government Fund

------

Portfolio of investments—May 31, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Agency securities**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp; FHLMC Series 4921 Class FN (30 Day Average U.S. SOFR+0.56%)± | 4.89<br> %<br>| &nbsp;&nbsp; 10-25-2049 | $766483 | &nbsp;&nbsp; $739569 |
| &nbsp;&nbsp;&nbsp; FHLMC Series 4925 Class FY (30 Day Average U.S. SOFR+0.56%)± | 4.89 | &nbsp;&nbsp; 10-25-2049 | 258684 | &nbsp;&nbsp; 249633 |
| &nbsp;&nbsp;&nbsp; FNMA | 6.50 | &nbsp;&nbsp; 5-1-2031 | 16730 | &nbsp;&nbsp; 17175 |
| &nbsp;&nbsp;&nbsp; FNMA | 7.50 | &nbsp;&nbsp; 1-1-2031 | 7380 | &nbsp;&nbsp; 7386 |
| &nbsp;&nbsp;&nbsp; FNMA | 7.50 | &nbsp;&nbsp; 1-1-2033 | 19265 | &nbsp;&nbsp; 19244 |
| &nbsp;&nbsp;&nbsp; FNMA | 7.50 | &nbsp;&nbsp; 5-1-2033 | 33750 | &nbsp;&nbsp; 33738 |
| &nbsp;&nbsp;&nbsp; FNMA | 7.50 | &nbsp;&nbsp; 8-1-2033 | 25954 | &nbsp;&nbsp; 25943 |
| &nbsp;&nbsp;&nbsp; FNMA | 8.00 | &nbsp;&nbsp; 12-1-2026 | 4721 | &nbsp;&nbsp; 4721 |
| &nbsp;&nbsp;&nbsp; FNMA | 8.00 | &nbsp;&nbsp; 5-1-2033 | 22990 | &nbsp;&nbsp; 22946 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+1.50%)± | 6.24 | &nbsp;&nbsp; 8-1-2030 | 91301 | &nbsp;&nbsp; 91286 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+1.52%)± | 6.65 | &nbsp;&nbsp; 8-1-2033 | 192584 | &nbsp;&nbsp; 193791 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+1.58%)± | 5.83 | &nbsp;&nbsp; 3-1-2034 | 144244 | &nbsp;&nbsp; 145229 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+1.63%)± | 5.92 | &nbsp;&nbsp; 11-1-2029 | 2112 | &nbsp;&nbsp; 2105 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+1.66%)± | 6.56 | &nbsp;&nbsp; 7-1-2048 | 285144 | &nbsp;&nbsp; 289934 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+1.70%)± | 5.93 | &nbsp;&nbsp; 2-1-2033 | 93875 | &nbsp;&nbsp; 94671 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+1.85%)± | 6.98 | &nbsp;&nbsp; 7-1-2038 | 68175 | &nbsp;&nbsp; 68987 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+1.88%)± | 7.01 | &nbsp;&nbsp; 8-1-2031 | 18633 | &nbsp;&nbsp; 18752 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+1.96%)± | 6.96 | &nbsp;&nbsp; 3-1-2032 | 9576 | &nbsp;&nbsp; 9608 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.03%)± | 6.44 | &nbsp;&nbsp; 12-1-2032 | 107241 | &nbsp;&nbsp; 108877 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.07%)± | 6.82 | &nbsp;&nbsp; 12-1-2033 | 72081 | &nbsp;&nbsp; 72393 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.08%)± | 6.72 | &nbsp;&nbsp; 4-1-2040 | 30122 | &nbsp;&nbsp; 30853 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.10%)± | 6.35 | &nbsp;&nbsp; 7-1-2035 | 30697 | &nbsp;&nbsp; 31308 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.10%)± | 6.74 | &nbsp;&nbsp; 9-1-2036 | 90263 | &nbsp;&nbsp; 92128 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.11%)± | 7.02 | &nbsp;&nbsp; 7-1-2035 | 60819 | &nbsp;&nbsp; 61985 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.12%)± | 6.37 | &nbsp;&nbsp; 3-1-2031 | 5660 | &nbsp;&nbsp; 5686 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.15%)± | 6.51 | &nbsp;&nbsp; 5-1-2036 | 302726 | &nbsp;&nbsp; 308905 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.15%)± | 7.28 | &nbsp;&nbsp; 2-1-2033 | 22905 | &nbsp;&nbsp; 23172 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.17%)± | 6.45 | &nbsp;&nbsp; 12-1-2039 | 55203 | &nbsp;&nbsp; 55514 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.17%)± | 7.29 | &nbsp;&nbsp; 9-1-2030 | 5469 | &nbsp;&nbsp; 5468 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.18%)± | 6.69 | &nbsp;&nbsp; 1-1-2036 | 180211 | &nbsp;&nbsp; 180684 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.18%)± | 6.70 | &nbsp;&nbsp; 6-1-2027 | 11768 | &nbsp;&nbsp; 11769 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.18%)± | 6.71 | &nbsp;&nbsp; 9-1-2033 | 56909 | &nbsp;&nbsp; 57239 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.18%)± | 7.07 | &nbsp;&nbsp; 1-1-2036 | 49997 | &nbsp;&nbsp; 51025 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.18%)± | 7.19 | &nbsp;&nbsp; 9-1-2035 | 166424 | &nbsp;&nbsp; 170315 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.18%)± | 7.30 | &nbsp;&nbsp; 6-1-2035 | 21738 | &nbsp;&nbsp; 22227 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.19%)± | 6.44 | &nbsp;&nbsp; 3-1-2035 | 85233 | &nbsp;&nbsp; 87419 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.19%)± | 6.83 | &nbsp;&nbsp; 12-1-2040 | 856194 | &nbsp;&nbsp; 882907 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.19%)± | 7.32 | &nbsp;&nbsp; 8-1-2033 | 171150 | &nbsp;&nbsp; 175096 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.21%)± | 6.46 | &nbsp;&nbsp; 5-1-2037 | 173299 | &nbsp;&nbsp; 177924 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.21%)± | 6.72 | &nbsp;&nbsp; 5-1-2034 | 153909 | &nbsp;&nbsp; 157149 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.21%)± | 6.91 | &nbsp;&nbsp; 10-1-2034 | 372662 | &nbsp;&nbsp; 383058 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.21%)± | 7.30 | &nbsp;&nbsp; 8-1-2035 | 162932 | &nbsp;&nbsp; 167327 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.22%)± | 6.47 | &nbsp;&nbsp; 8-1-2031 | 56368 | &nbsp;&nbsp; 57065 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.22%)± | 6.87 | &nbsp;&nbsp; 12-1-2040 | 681788 | &nbsp;&nbsp; 694313 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.22%)± | 6.92 | &nbsp;&nbsp; 9-1-2035 | 437385 | &nbsp;&nbsp; 449690 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.22%)± | 7.22 | &nbsp;&nbsp; 10-1-2034 | 76641 | &nbsp;&nbsp; 78219 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.22%)± | 7.22 | &nbsp;&nbsp; 6-1-2035 | 111534 | &nbsp;&nbsp; 114535 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.22%)± | 7.35 | &nbsp;&nbsp; 7-1-2035 | 160900 | &nbsp;&nbsp; 166449 |

---

See accompanying notes to portfolio of investments

Allspring Adjustable Rate Government Fund \| 5

------

Portfolio of investments—May 31, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Agency securities**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.23%)± | 5.74<br> %<br>| &nbsp;&nbsp; 7-1-2029 | $48903 | &nbsp;&nbsp; $48829 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.23%)± | 6.94 | &nbsp;&nbsp; 7-1-2038 | 885055 | &nbsp;&nbsp; 915880 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.23%)± | 7.09 | &nbsp;&nbsp; 7-1-2037 | 77607 | &nbsp;&nbsp; 80254 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.24%)± | 6.75 | &nbsp;&nbsp; 11-1-2038 | 1023800 | &nbsp;&nbsp; 1061473 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.24%)± | 6.89 | &nbsp;&nbsp; 4-1-2038 | 180069 | &nbsp;&nbsp; 185411 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.24%)± | 6.91 | &nbsp;&nbsp; 10-1-2036 | 121350 | &nbsp;&nbsp; 125443 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.24%)± | 7.04 | &nbsp;&nbsp; 7-1-2028 | 21 | &nbsp;&nbsp; 21 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.24%)± | 7.12 | &nbsp;&nbsp; 1-1-2033 | 4067 | &nbsp;&nbsp; 4081 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.24%)± | 7.19 | &nbsp;&nbsp; 1-1-2037 | 109859 | &nbsp;&nbsp; 112377 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.28%)± | 7.40 | &nbsp;&nbsp; 9-1-2026 | 3709 | &nbsp;&nbsp; 3715 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.29%)± | 6.79 | &nbsp;&nbsp; 1-1-2031 | 16210 | &nbsp;&nbsp; 16314 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.29%)± | 7.07 | &nbsp;&nbsp; 7-1-2030 | 24500 | &nbsp;&nbsp; 24563 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.29%)± | 7.16 | &nbsp;&nbsp; 6-1-2037 | 450206 | &nbsp;&nbsp; 465387 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.29%)± | 7.42 | &nbsp;&nbsp; 12-1-2030 | 10661 | &nbsp;&nbsp; 10816 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.31%)± | 6.94 | &nbsp;&nbsp; 12-1-2030 | 75861 | &nbsp;&nbsp; 76129 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.31%)± | 6.99 | &nbsp;&nbsp; 12-1-2034 | 52850 | &nbsp;&nbsp; 54053 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.32%)± | 6.57 | &nbsp;&nbsp; 4-1-2028 | 13176 | &nbsp;&nbsp; 13243 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.33%)± | 7.22 | &nbsp;&nbsp; 5-1-2033 | 18266 | &nbsp;&nbsp; 18398 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.35%)± | 6.60 | &nbsp;&nbsp; 6-1-2027 | 8611 | &nbsp;&nbsp; 8631 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.35%)± | 7.29 | &nbsp;&nbsp; 9-1-2037 | 22683 | &nbsp;&nbsp; 23330 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.36%)± | 7.04 | &nbsp;&nbsp; 11-1-2034 | 77466 | &nbsp;&nbsp; 80525 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.36%)± | 7.36 | &nbsp;&nbsp; 5-1-2034 | 42782 | &nbsp;&nbsp; 43878 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.37%)± | 5.50 | &nbsp;&nbsp; 9-1-2030 | 98079 | &nbsp;&nbsp; 98251 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.38%)± | 7.50 | &nbsp;&nbsp; 7-1-2027 | 17456 | &nbsp;&nbsp; 17509 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.40%)± | 7.40 | &nbsp;&nbsp; 9-1-2033 | 193664 | &nbsp;&nbsp; 198595 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.41%)± | 6.92 | &nbsp;&nbsp; 5-1-2027 | 10714 | &nbsp;&nbsp; 10736 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.44%)± | 7.07 | &nbsp;&nbsp; 7-1-2037 | 605953 | &nbsp;&nbsp; 624987 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.46%)± | 7.34 | &nbsp;&nbsp; 7-1-2028 | 18851 | &nbsp;&nbsp; 18900 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.47%)± | 6.68 | &nbsp;&nbsp; 5-1-2033 | 18114 | &nbsp;&nbsp; 18270 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.47%)± | 7.59 | &nbsp;&nbsp; 9-1-2028 | 14746 | &nbsp;&nbsp; 14846 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.49%)± | 6.76 | &nbsp;&nbsp; 5-1-2035 | 251103 | &nbsp;&nbsp; 258566 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.49%)± | 7.49 | &nbsp;&nbsp; 7-1-2037 | 65937 | &nbsp;&nbsp; 67385 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.50%)± | 5.78 | &nbsp;&nbsp; 9-1-2030 | 69791 | &nbsp;&nbsp; 70206 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.50%)± | 6.75 | &nbsp;&nbsp; 3-1-2027 | 3005 | &nbsp;&nbsp; 3006 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.50%)± | 6.75 | &nbsp;&nbsp; 6-1-2032 | 50930 | &nbsp;&nbsp; 52079 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.50%)± | 6.75 | &nbsp;&nbsp; 4-1-2038 | 112297 | &nbsp;&nbsp; 115796 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.50%)± | 7.50 | &nbsp;&nbsp; 10-1-2029 | 48196 | &nbsp;&nbsp; 48513 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.60%)± | 7.10 | &nbsp;&nbsp; 10-1-2025 | 131 | &nbsp;&nbsp; 131 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.64%)± | 6.77 | &nbsp;&nbsp; 10-1-2028 | 7482 | &nbsp;&nbsp; 7525 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.64%)± | 6.89 | &nbsp;&nbsp; 3-1-2030 | 1883 | &nbsp;&nbsp; 1898 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.64%)± | 7.31 | &nbsp;&nbsp; 7-1-2028 | 14994 | &nbsp;&nbsp; 15100 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.72%)± | 6.97 | &nbsp;&nbsp; 5-1-2035 | 379337 | &nbsp;&nbsp; 391163 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.72%)± | 6.97 | &nbsp;&nbsp; 8-1-2035 | 80927 | &nbsp;&nbsp; 83171 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.89%)± | 7.39 | &nbsp;&nbsp; 9-1-2030 | 6501 | &nbsp;&nbsp; 6560 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+3.03%)± | 8.03 | &nbsp;&nbsp; 1-1-2029 | 9884 | &nbsp;&nbsp; 10041 |
| &nbsp;&nbsp;&nbsp; FNMA (11th District COFI+1.25%)± | 4.24 | &nbsp;&nbsp; 4-1-2034 | 54058 | &nbsp;&nbsp; 52959 |
| &nbsp;&nbsp;&nbsp; FNMA (11th District COFI+1.26%)± | 4.19 | &nbsp;&nbsp; 1-1-2035 | 58175 | &nbsp;&nbsp; 56657 |
| &nbsp;&nbsp;&nbsp; FNMA (11th District COFI+1.26%)± | 4.91 | &nbsp;&nbsp; 1-1-2038 | 1454 | &nbsp;&nbsp; 1438 |

---

See accompanying notes to portfolio of investments

6 \| Allspring Adjustable Rate Government Fund

------

Portfolio of investments—May 31, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Agency securities**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp; FNMA (11th District COFI+1.27%)± | 4.26<br> %<br>| &nbsp;&nbsp; 3-1-2033 | $24889 | &nbsp;&nbsp; $24606 |
| &nbsp;&nbsp;&nbsp; FNMA (11th District COFI+1.28%)± | 4.31 | &nbsp;&nbsp; 9-1-2037 | 462511 | &nbsp;&nbsp; 457232 |
| &nbsp;&nbsp;&nbsp; FNMA (11th District COFI+1.68%)± | 4.62 | &nbsp;&nbsp; 1-1-2036 | 61211 | &nbsp;&nbsp; 60086 |
| &nbsp;&nbsp;&nbsp; FNMA (11th District COFI+1.70%)± | 4.63 | &nbsp;&nbsp; 4-1-2030 | 195 | &nbsp;&nbsp; 192 |
| &nbsp;&nbsp;&nbsp; FNMA (11th District COFI+1.80%)± | 4.74 | &nbsp;&nbsp; 6-1-2034 | 20169 | &nbsp;&nbsp; 19807 |
| &nbsp;&nbsp;&nbsp; FNMA (11th District COFI+1.81%)± | 4.78 | &nbsp;&nbsp; 10-1-2027 | 4804 | &nbsp;&nbsp; 4777 |
| &nbsp;&nbsp;&nbsp; FNMA (11th District COFI+1.82%)± | 5.08 | &nbsp;&nbsp; 5-1-2028 | 6261 | &nbsp;&nbsp; 6216 |
| &nbsp;&nbsp;&nbsp; FNMA (11th District COFI+1.90%)± | 6.45 | &nbsp;&nbsp; 5-1-2034 | 10179 | &nbsp;&nbsp; 10334 |
| &nbsp;&nbsp;&nbsp; FNMA (11th District COFI+1.92%)± | 4.99 | &nbsp;&nbsp; 9-1-2030 | 66425 | &nbsp;&nbsp; 65882 |
| &nbsp;&nbsp;&nbsp; FNMA (11th District COFI+1.93%)± | 4.88 | &nbsp;&nbsp; 3-1-2033 | 81760 | &nbsp;&nbsp; 80974 |
| &nbsp;&nbsp;&nbsp; FNMA (11th District COFI+1.93%)± | 4.90 | &nbsp;&nbsp; 12-1-2036 | 5067 | &nbsp;&nbsp; 5024 |
| &nbsp;&nbsp;&nbsp; FNMA (12 Month Treasury Average+1.25%)± | 5.82 | &nbsp;&nbsp; 4-1-2042 | 336470 | &nbsp;&nbsp; 338096 |
| &nbsp;&nbsp;&nbsp; FNMA (12 Month Treasury Average+1.75%)± | 6.34 | &nbsp;&nbsp; 10-1-2035 | 239398 | &nbsp;&nbsp; 244496 |
| &nbsp;&nbsp;&nbsp; FNMA (12 Month Treasury Average+1.75%)± | 6.35 | &nbsp;&nbsp; 7-1-2035 | 110547 | &nbsp;&nbsp; 112860 |
| &nbsp;&nbsp;&nbsp; FNMA (12 Month Treasury Average+1.77%)± | 6.34 | &nbsp;&nbsp; 6-1-2035 | 145248 | &nbsp;&nbsp; 148017 |
| &nbsp;&nbsp;&nbsp; FNMA (12 Month Treasury Average+1.84%)± | 6.42 | &nbsp;&nbsp; 11-1-2035 | 184653 | &nbsp;&nbsp; 188531 |
| &nbsp;&nbsp;&nbsp; FNMA (12 Month Treasury Average+1.86%)± | 6.41 | &nbsp;&nbsp; 11-1-2035 | 21859 | &nbsp;&nbsp; 22378 |
| &nbsp;&nbsp;&nbsp; FNMA (12 Month Treasury Average+1.86%)± | 6.46 | &nbsp;&nbsp; 11-1-2035 | 7411 | &nbsp;&nbsp; 7567 |
| &nbsp;&nbsp;&nbsp; FNMA (12 Month Treasury Average+1.92%)± | 6.54 | &nbsp;&nbsp; 11-1-2035 | 168249 | &nbsp;&nbsp; 171491 |
| &nbsp;&nbsp;&nbsp; FNMA (12 Month Treasury Average+2.02%)± | 6.61 | &nbsp;&nbsp; 7-1-2035 | 84120 | &nbsp;&nbsp; 86173 |
| &nbsp;&nbsp;&nbsp; FNMA (12 Month Treasury Average+2.07%)± | 6.63 | &nbsp;&nbsp; 10-1-2035 | 73241 | &nbsp;&nbsp; 75002 |
| &nbsp;&nbsp;&nbsp; FNMA (12 Month Treasury Average+2.08%)± | 6.71 | &nbsp;&nbsp; 1-1-2035 | 180788 | &nbsp;&nbsp; 185257 |
| &nbsp;&nbsp;&nbsp; FNMA (12 Month Treasury Average+2.11%)± | 6.66 | &nbsp;&nbsp; 8-1-2035 | 37321 | &nbsp;&nbsp; 38260 |
| &nbsp;&nbsp;&nbsp; FNMA (12 Month Treasury Average+2.36%)± | 6.93 | &nbsp;&nbsp; 8-1-2040 | 206871 | &nbsp;&nbsp; 210700 |
| &nbsp;&nbsp;&nbsp; FNMA (12 Month Treasury Average+2.48%)± | 7.35 | &nbsp;&nbsp; 6-1-2040 | 259991 | &nbsp;&nbsp; 265381 |
| &nbsp;&nbsp;&nbsp; FNMA (3 Year Treasury Constant Maturity+2.15%)± | 4.90 | &nbsp;&nbsp; 8-1-2031 | 15511 | &nbsp;&nbsp; 15492 |
| &nbsp;&nbsp;&nbsp; FNMA (5 Year Treasury Constant Maturity+1.90%)± | 5.45 | &nbsp;&nbsp; 9-1-2031 | 63426 | &nbsp;&nbsp; 62781 |
| &nbsp;&nbsp;&nbsp; FNMA (5 Year Treasury Constant Maturity+2.49%)± | 5.91 | &nbsp;&nbsp; 6-1-2028 | 3589 | &nbsp;&nbsp; 3607 |
| &nbsp;&nbsp;&nbsp; FNMA (Federal COFI+2.00%)± | 5.88 | &nbsp;&nbsp; 8-1-2029 | 10554 | &nbsp;&nbsp; 10566 |
| &nbsp;&nbsp;&nbsp; FNMA (Federal COFI+2.51%)± | 6.46 | &nbsp;&nbsp; 2-1-2029 | 66371 | &nbsp;&nbsp; 66350 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1M+1.17%)± | 5.55 | &nbsp;&nbsp; 5-1-2029 | 19023 | &nbsp;&nbsp; 19109 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.52%)± | 7.25 | &nbsp;&nbsp; 9-1-2036 | 129861 | &nbsp;&nbsp; 132108 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.53%)± | 7.21 | &nbsp;&nbsp; 9-1-2035 | 154478 | &nbsp;&nbsp; 158520 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.55%)± | 6.84 | &nbsp;&nbsp; 1-1-2040 | 32687 | &nbsp;&nbsp; 32910 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.56%)± | 6.51 | &nbsp;&nbsp; 2-1-2044 | 26975 | &nbsp;&nbsp; 27854 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.57%)± | 6.20 | &nbsp;&nbsp; 11-1-2044 | 53221 | &nbsp;&nbsp; 54651 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.58%)± | 7.13 | &nbsp;&nbsp; 9-1-2044 | 375318 | &nbsp;&nbsp; 386889 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.59%)± | 6.45 | &nbsp;&nbsp; 2-1-2043 | 118034 | &nbsp;&nbsp; 121747 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.59%)± | 7.08 | &nbsp;&nbsp; 8-1-2045 | 166188 | &nbsp;&nbsp; 171194 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.59%)± | 7.34 | &nbsp;&nbsp; 6-1-2044 | 223692 | &nbsp;&nbsp; 230148 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.60%)± | 2.23 | &nbsp;&nbsp; 8-1-2050 | 1841080 | &nbsp;&nbsp; 1691353 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.60%)± | 6.60 | &nbsp;&nbsp; 3-1-2046 | 519048 | &nbsp;&nbsp; 536520 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.60%)± | 7.31 | &nbsp;&nbsp; 6-1-2036 | 17752 | &nbsp;&nbsp; 18013 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.60%)± | 7.35 | &nbsp;&nbsp; 9-1-2037 | 307002 | &nbsp;&nbsp; 312915 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.62%)± | 2.38 | &nbsp;&nbsp; 8-1-2050 | 2240400 | &nbsp;&nbsp; 2065991 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.62%)± | 2.51 | &nbsp;&nbsp; 4-1-2050 | 895337 | &nbsp;&nbsp; 864896 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.63%)± | 6.84 | &nbsp;&nbsp; 11-1-2038 | 69730 | &nbsp;&nbsp; 71127 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.64%)± | 7.29 | &nbsp;&nbsp; 9-1-2042 | 63634 | &nbsp;&nbsp; 65496 |

---

See accompanying notes to portfolio of investments

Allspring Adjustable Rate Government Fund \| 7

------

Portfolio of investments—May 31, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Agency securities**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.67%)± | 7.36<br> %<br>| &nbsp;&nbsp; 7-1-2035 | $153934 | &nbsp;&nbsp; $156973 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.68%)± | 6.80 | &nbsp;&nbsp; 6-1-2041 | 480543 | &nbsp;&nbsp; 495179 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.70%)± | 6.85 | &nbsp;&nbsp; 4-1-2034 | 123748 | &nbsp;&nbsp; 127699 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.72%)± | 7.12 | &nbsp;&nbsp; 7-1-2043 | 596340 | &nbsp;&nbsp; 616867 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.72%)± | 7.57 | &nbsp;&nbsp; 6-1-2035 | 27027 | &nbsp;&nbsp; 27711 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.73%)± | 6.77 | &nbsp;&nbsp; 2-1-2045 | 509376 | &nbsp;&nbsp; 528878 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.74%)± | 6.91 | &nbsp;&nbsp; 9-1-2042 | 65748 | &nbsp;&nbsp; 68058 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.75%)± | 6.63 | &nbsp;&nbsp; 1-1-2035 | 87539 | &nbsp;&nbsp; 89794 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.75%)± | 6.75 | &nbsp;&nbsp; 4-1-2034 | 61090 | &nbsp;&nbsp; 62056 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.75%)± | 6.75 | &nbsp;&nbsp; 5-1-2035 | 145380 | &nbsp;&nbsp; 148397 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.75%)± | 7.35 | &nbsp;&nbsp; 7-1-2035 | 133030 | &nbsp;&nbsp; 136155 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.77%)± | 6.72 | &nbsp;&nbsp; 4-1-2033 | 152867 | &nbsp;&nbsp; 155366 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.77%)± | 7.14 | &nbsp;&nbsp; 7-1-2044 | 918825 | &nbsp;&nbsp; 944490 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.79%)± | 7.17 | &nbsp;&nbsp; 1-1-2042 | 697795 | &nbsp;&nbsp; 718120 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.83%)± | 6.95 | &nbsp;&nbsp; 1-1-2033 | 24818 | &nbsp;&nbsp; 25121 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.90%)± | 7.53 | &nbsp;&nbsp; 10-1-2034 | 189543 | &nbsp;&nbsp; 194207 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.92%)± | 7.69 | &nbsp;&nbsp; 5-1-2038 | 187439 | &nbsp;&nbsp; 193640 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.93%)± | 7.62 | &nbsp;&nbsp; 9-1-2035 | 105080 | &nbsp;&nbsp; 108315 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.95%)± | 7.70 | &nbsp;&nbsp; 5-1-2037 | 88620 | &nbsp;&nbsp; 90089 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT6M+1.16%)± | 6.25 | &nbsp;&nbsp; 8-1-2033 | 2161 | &nbsp;&nbsp; 2168 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT6M+1.18%)± | 5.80 | &nbsp;&nbsp; 8-1-2033 | 21375 | &nbsp;&nbsp; 21361 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT6M+1.31%)± | 6.05 | &nbsp;&nbsp; 10-1-2037 | 249624 | &nbsp;&nbsp; 255063 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT6M+1.38%)± | 6.13 | &nbsp;&nbsp; 8-1-2031 | 70642 | &nbsp;&nbsp; 71268 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT6M+1.38%)± | 6.25 | &nbsp;&nbsp; 12-1-2031 | 10288 | &nbsp;&nbsp; 10352 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT6M+1.39%)± | 6.14 | &nbsp;&nbsp; 1-1-2032 | 28257 | &nbsp;&nbsp; 28416 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT6M+1.42%)± | 6.17 | &nbsp;&nbsp; 12-1-2031 | 81691 | &nbsp;&nbsp; 82056 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT6M+1.51%)± | 6.13 | &nbsp;&nbsp; 11-1-2034 | 226776 | &nbsp;&nbsp; 228105 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT6M+1.55%)± | 6.19 | &nbsp;&nbsp; 3-1-2034 | 39322 | &nbsp;&nbsp; 39628 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT6M+1.55%)± | 6.35 | &nbsp;&nbsp; 1-1-2035 | 246442 | &nbsp;&nbsp; 252611 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT6M+1.61%)± | 6.42 | &nbsp;&nbsp; 6-1-2037 | 195622 | &nbsp;&nbsp; 199353 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT6M+1.93%)± | 6.55 | &nbsp;&nbsp; 6-1-2032 | 40976 | &nbsp;&nbsp; 41442 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT6M+1.96%)± | 6.90 | &nbsp;&nbsp; 1-1-2033 | 38341 | &nbsp;&nbsp; 39078 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT6M+1.98%)± | 6.73 | &nbsp;&nbsp; 9-1-2033 | 35169 | &nbsp;&nbsp; 35893 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT6M+2.25%)± | 6.96 | &nbsp;&nbsp; 3-1-2034 | 306977 | &nbsp;&nbsp; 310964 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT6M+2.31%)± | 7.06 | &nbsp;&nbsp; 4-1-2033 | 121632 | &nbsp;&nbsp; 124992 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT6M+2.35%)± | 7.14 | &nbsp;&nbsp; 5-1-2033 | 355763 | &nbsp;&nbsp; 362353 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT6M+2.48%)± | 7.36 | &nbsp;&nbsp; 7-1-2033 | 20468 | &nbsp;&nbsp; 21317 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT6M+2.52%)± | 6.94 | &nbsp;&nbsp; 4-1-2033 | 108147 | &nbsp;&nbsp; 109740 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT6M+3.36%)± | 8.09 | &nbsp;&nbsp; 12-1-2032 | 65355 | &nbsp;&nbsp; 68074 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2001-50 Class BA | 7.00 | &nbsp;&nbsp; 10-25-2041 | 29808 | &nbsp;&nbsp; 30124 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2001-63 Class FD (30 Day Average U.S. SOFR+0.71%)± | 5.04 | &nbsp;&nbsp; 12-18-2031 | 19200 | &nbsp;&nbsp; 19211 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2001-81 Class F (30 Day Average U.S. SOFR+0.66%)± | 4.99 | &nbsp;&nbsp; 1-25-2032 | 12661 | &nbsp;&nbsp; 12625 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2001-T10 Class A2 | 7.50 | &nbsp;&nbsp; 12-25-2041 | 653176 | &nbsp;&nbsp; 665957 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2001-T12 Class A4±± | 5.19 | &nbsp;&nbsp; 8-25-2041 | 1142106 | &nbsp;&nbsp; 1145187 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2001-T12 Class A2 | 7.50 | &nbsp;&nbsp; 8-25-2041 | 50387 | &nbsp;&nbsp; 50944 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2001-T8 Class A1 | 7.50 | &nbsp;&nbsp; 7-25-2041 | 40139 | &nbsp;&nbsp; 40587 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FNMA Series 2001-W1 Class AV1 (30 Day Average <br> U.S. SOFR+0.23%)±<br>| 4.71 | &nbsp;&nbsp; 8-25-2031 | 12953 | &nbsp;&nbsp; 12434 |

---

See accompanying notes to portfolio of investments

8 \| Allspring Adjustable Rate Government Fund

------

Portfolio of investments—May 31, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Agency securities**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp; FNMA Series 2001-W3 Class A±± | 4.51<br> %<br>| &nbsp;&nbsp; 9-25-2041 | $148260 | &nbsp;&nbsp; $148070 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2002-5 Class FD (30 Day Average U.S. SOFR+1.01%)± | 5.34 | &nbsp;&nbsp; 2-25-2032 | 11100 | &nbsp;&nbsp; 11130 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2002-59 Class F (30 Day Average U.S. SOFR+0.51%)± | 4.84 | &nbsp;&nbsp; 9-25-2032 | 8556 | &nbsp;&nbsp; 8539 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2002-66 Class A3±± | 4.53 | &nbsp;&nbsp; 4-25-2042 | 2687415 | &nbsp;&nbsp; 2709179 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2002-T12 Class A5±± | 5.32 | &nbsp;&nbsp; 10-25-2041 | 667853 | &nbsp;&nbsp; 674135 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2002-T12 Class A3 | 7.50 | &nbsp;&nbsp; 5-25-2042 | 610794 | &nbsp;&nbsp; 637681 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2002-T18 Class A5±± | 4.99 | &nbsp;&nbsp; 5-25-2042 | 1305415 | &nbsp;&nbsp; 1312281 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2002-T19 Class A4±± | 5.18 | &nbsp;&nbsp; 3-25-2042 | 80131 | &nbsp;&nbsp; 79258 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2002-W1 Class 3A±± | 3.69 | &nbsp;&nbsp; 4-25-2042 | 310555 | &nbsp;&nbsp; 297128 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2002-W4 Class A6±± | 5.12 | &nbsp;&nbsp; 5-25-2042 | 541341 | &nbsp;&nbsp; 535673 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2003-63 Class A8±± | 4.32 | &nbsp;&nbsp; 1-25-2043 | 427147 | &nbsp;&nbsp; 422672 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2003-7 Class A2±± | 4.66 | &nbsp;&nbsp; 5-25-2042 | 244043 | &nbsp;&nbsp; 243194 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2003-T2 Class A1 (30 Day Average U.S. SOFR+0.39%)± | 4.72 | &nbsp;&nbsp; 3-25-2033 | 443203 | &nbsp;&nbsp; 439098 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2003-W10 Class 2A±± | 3.98 | &nbsp;&nbsp; 6-25-2043 | 831089 | &nbsp;&nbsp; 816485 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2003-W18 Class 2A±± | 4.99 | &nbsp;&nbsp; 6-25-2043 | 891038 | &nbsp;&nbsp; 885966 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2003-W2 Class 1A3 | 7.50 | &nbsp;&nbsp; 7-25-2042 | 143307 | &nbsp;&nbsp; 149451 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2003-W4 Class 5A±± | 4.29 | &nbsp;&nbsp; 10-25-2042 | 293475 | &nbsp;&nbsp; 289217 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2003-W6 Class 6A±± | 4.76 | &nbsp;&nbsp; 8-25-2042 | 299137 | &nbsp;&nbsp; 293344 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2003-W8 Class 4A±± | 4.89 | &nbsp;&nbsp; 11-25-2042 | 415084 | &nbsp;&nbsp; 404495 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2003-W9 Class A (30 Day Average U.S. SOFR+0.23%)± | 4.71 | &nbsp;&nbsp; 6-25-2033 | 630722 | &nbsp;&nbsp; 603476 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2004-17 Class FT (30 Day Average U.S. SOFR+0.51%)± | 4.84 | &nbsp;&nbsp; 4-25-2034 | 268158 | &nbsp;&nbsp; 266963 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2004-T1 Class 2A±± | 4.31 | &nbsp;&nbsp; 8-25-2043 | 566160 | &nbsp;&nbsp; 537967 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2004-T3 Class 2A±± | 5.12 | &nbsp;&nbsp; 8-25-2043 | 382380 | &nbsp;&nbsp; 383374 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2004-T3 Class 1A3 | 7.00 | &nbsp;&nbsp; 2-25-2044 | 190947 | &nbsp;&nbsp; 196556 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2004-W1 Class 3A±± | 5.16 | &nbsp;&nbsp; 1-25-2043 | 23091 | &nbsp;&nbsp; 21688 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2004-W1 Class 2A2 | 7.00 | &nbsp;&nbsp; 12-25-2033 | 84371 | &nbsp;&nbsp; 87756 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2004-W12 Class 2A±± | 4.92 | &nbsp;&nbsp; 6-25-2044 | 1089112 | &nbsp;&nbsp; 1059169 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2004-W15 Class 3A±± | 5.02 | &nbsp;&nbsp; 6-25-2044 | 1668438 | &nbsp;&nbsp; 1654387 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2004-W2 Class 5A | 7.50 | &nbsp;&nbsp; 3-25-2044 | 20026 | &nbsp;&nbsp; 20708 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2005-25 Class PF (30 Day Average U.S. SOFR+0.46%)± | 4.79 | &nbsp;&nbsp; 4-25-2035 | 362212 | &nbsp;&nbsp; 358119 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2005-W3 Class 3A±± | 4.89 | &nbsp;&nbsp; 4-25-2045 | 343916 | &nbsp;&nbsp; 337066 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FNMA Series 2006-112 Class LF (30 Day Average <br> U.S. SOFR+0.66%)±<br>| 4.99 | &nbsp;&nbsp; 11-25-2036 | 762271 | &nbsp;&nbsp; 754945 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2006-16 Class FA (30 Day Average U.S. SOFR+0.41%)± | 4.74 | &nbsp;&nbsp; 3-25-2036 | 227931 | &nbsp;&nbsp; 225564 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2006-44 Class FY (30 Day Average U.S. SOFR+0.68%)± | 5.01 | &nbsp;&nbsp; 6-25-2036 | 493410 | &nbsp;&nbsp; 491828 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2006-W1 Class 3A±± | 5.32 | &nbsp;&nbsp; 10-25-2045 | 910230 | &nbsp;&nbsp; 908693 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FNMA Series 2007-109 Class PF (30 Day Average <br> U.S. SOFR+0.76%)±<br>| 5.09 | &nbsp;&nbsp; 12-25-2037 | 212661 | &nbsp;&nbsp; 210981 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2007-4 Class DF (30 Day Average U.S. SOFR+0.56%)± | 4.88 | &nbsp;&nbsp; 2-25-2037 | 436202 | &nbsp;&nbsp; 430381 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2007-86 Class FA (30 Day Average U.S. SOFR+0.56%)± | 4.89 | &nbsp;&nbsp; 9-25-2037 | 641344 | &nbsp;&nbsp; 636544 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2007-95 Class A2 (30 Day Average U.S. SOFR+0.36%)± | 4.65 | &nbsp;&nbsp; 8-27-2036 | 49011 | &nbsp;&nbsp; 49347 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2008-67 Class FG (30 Day Average U.S. SOFR+1.11%)± | 5.44 | &nbsp;&nbsp; 7-25-2038 | 400302 | &nbsp;&nbsp; 403447 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FNMA Series 2009-106 Class FA (30 Day Average <br> U.S. SOFR+0.86%)±<br>| 5.19 | &nbsp;&nbsp; 1-25-2040 | 518983 | &nbsp;&nbsp; 519540 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2010-54 Class AF (30 Day Average U.S. SOFR+0.67%)± | 5.00 | &nbsp;&nbsp; 4-25-2037 | 146178 | &nbsp;&nbsp; 145201 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FNMA Series 2011-121 Class PF (30 Day Average <br> U.S. SOFR+0.46%)±<br>| 4.79 | &nbsp;&nbsp; 12-25-2041 | 159776 | &nbsp;&nbsp; 156484 |

---

See accompanying notes to portfolio of investments

Allspring Adjustable Rate Government Fund \| 9

------

Portfolio of investments—May 31, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Agency securities**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FNMA Series 2012-122 Class FM (30 Day Average <br> U.S. SOFR+0.51%)±<br>| 4.84<br> %<br>| &nbsp;&nbsp; 11-25-2042 | $672368 | &nbsp;&nbsp; $657806 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2012-47 Class FW (30 Day Average U.S. SOFR+1.81%)± | 6.14 | &nbsp;&nbsp; 5-25-2027 | 14853 | &nbsp;&nbsp; 14879 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FNMA Series 2013-130 Class CF (30 Day Average <br> U.S. SOFR+0.36%)±<br>| 4.69 | &nbsp;&nbsp; 6-25-2043 | 209503 | &nbsp;&nbsp; 207271 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2014-10 Class CF (30 Day Average U.S. SOFR+0.41%)± | 4.75 | &nbsp;&nbsp; 3-25-2044 | 459016 | &nbsp;&nbsp; 452360 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2014-49 Class AF (30 Day Average U.S. SOFR+0.43%)± | 4.77 | &nbsp;&nbsp; 8-25-2044 | 321349 | &nbsp;&nbsp; 313587 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2015-38 Class DF (30 Day Average U.S. SOFR+0.42%)± | 4.76 | &nbsp;&nbsp; 6-25-2055 | 876760 | &nbsp;&nbsp; 866271 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2015-4 Class FA (30 Day Average U.S. SOFR+0.46%)± | 4.80 | &nbsp;&nbsp; 2-25-2045 | 533703 | &nbsp;&nbsp; 521047 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2016-11 Class FB (30 Day Average U.S. SOFR+0.66%)± | 5.00 | &nbsp;&nbsp; 3-25-2046 | 1298444 | &nbsp;&nbsp; 1289887 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2016-58 Class FA (30 Day Average U.S. SOFR+0.59%)± | 4.93 | &nbsp;&nbsp; 8-25-2046 | 286926 | &nbsp;&nbsp; 284111 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2016-62 Class AF (30 Day Average U.S. SOFR+0.56%)± | 4.90 | &nbsp;&nbsp; 9-25-2046 | 344553 | &nbsp;&nbsp; 341122 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2016-64 Class KF (30 Day Average U.S. SOFR+0.58%)± | 4.92 | &nbsp;&nbsp; 9-25-2046 | 677861 | &nbsp;&nbsp; 663618 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2016-76 Class CF (30 Day Average U.S. SOFR+0.56%)± | 4.90 | &nbsp;&nbsp; 10-25-2046 | 427725 | &nbsp;&nbsp; 419509 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2016-82 Class FM (30 Day Average U.S. SOFR+0.51%)± | 4.85 | &nbsp;&nbsp; 11-25-2046 | 873590 | &nbsp;&nbsp; 854431 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2016-87 Class AF (30 Day Average U.S. SOFR+0.51%)± | 4.85 | &nbsp;&nbsp; 11-25-2046 | 169395 | &nbsp;&nbsp; 167817 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2017-45 Class FA (30 Day Average U.S. SOFR+0.43%)± | 4.77 | &nbsp;&nbsp; 6-25-2047 | 2264079 | &nbsp;&nbsp; 2237409 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2018-39 Class WF (30 Day Average U.S. SOFR+0.41%)± | 4.75 | &nbsp;&nbsp; 6-25-2048 | 1876819 | &nbsp;&nbsp; 1853045 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2018-47 Class PC | 3.50 | &nbsp;&nbsp; 9-25-2047 | 98643 | &nbsp;&nbsp; 95551 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2019-25 Class FA (30 Day Average U.S. SOFR+0.56%)± | 4.89 | &nbsp;&nbsp; 6-25-2049 | 195767 | &nbsp;&nbsp; 190201 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2019-5 Class FE (30 Day Average U.S. SOFR+0.56%)± | 4.89 | &nbsp;&nbsp; 3-25-2049 | 297985 | &nbsp;&nbsp; 291761 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2019-53 Class FA (30 Day Average U.S. SOFR+0.51%)± | 4.85 | &nbsp;&nbsp; 9-25-2049 | 911138 | &nbsp;&nbsp; 888178 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2019-M6 Class FA (30 Day Average U.S. SOFR+0.56%)± | 4.89 | &nbsp;&nbsp; 5-25-2031 | 1347664 | &nbsp;&nbsp; 1347307 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2020-10 Class Q | 3.00 | &nbsp;&nbsp; 3-25-2050 | 2457567 | &nbsp;&nbsp; 2073043 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2020-29 Class FA (30 Day Average U.S. SOFR+0.76%)± | 5.10 | &nbsp;&nbsp; 5-25-2050 | 546377 | &nbsp;&nbsp; 542178 |
| &nbsp;&nbsp;&nbsp; GNMA | 6.50 | &nbsp;&nbsp; 8-20-2034 | 96143 | &nbsp;&nbsp; 95103 |
| &nbsp;&nbsp;&nbsp; GNMA (1 Year Treasury Constant Maturity+1.40%)± | 5.60 | &nbsp;&nbsp; 6-20-2058 | 2571 | &nbsp;&nbsp; 2602 |
| &nbsp;&nbsp;&nbsp; GNMA (1 Year Treasury Constant Maturity+1.50%)± | 5.63 | &nbsp;&nbsp; 1-20-2034 | 530544 | &nbsp;&nbsp; 537501 |
| &nbsp;&nbsp;&nbsp; GNMA (1 Year Treasury Constant Maturity+2.00%)± | 5.38 | &nbsp;&nbsp; 4-20-2041 | 19708 | &nbsp;&nbsp; 20082 |
| &nbsp;&nbsp;&nbsp; GNMA (1 Year Treasury Constant Maturity+2.00%)± | 6.25 | &nbsp;&nbsp; 1-20-2041 | 15509 | &nbsp;&nbsp; 15857 |
| &nbsp;&nbsp;&nbsp; GNMA (RFUCCT1M+0.62%)± | 5.05 | &nbsp;&nbsp; 5-20-2058 | 15467 | &nbsp;&nbsp; 15451 |
| &nbsp;&nbsp;&nbsp; GNMA Series 2004-80 Class FA (U.S. SOFR 1 Month+0.51%)± | 4.84 | &nbsp;&nbsp; 10-20-2034 | 256156 | &nbsp;&nbsp; 254364 |
| &nbsp;&nbsp;&nbsp; GNMA Series 2008-65 Class FG (U.S. SOFR 1 Month+0.86%)± | 5.19 | &nbsp;&nbsp; 8-20-2038 | 476000 | &nbsp;&nbsp; 476219 |
| &nbsp;&nbsp;&nbsp; GNMA Series 2008-68 Class FA (U.S. SOFR 1 Month+1.06%)± | 5.39 | &nbsp;&nbsp; 8-20-2038 | 593382 | &nbsp;&nbsp; 595761 |
| &nbsp;&nbsp;&nbsp; GNMA Series 2009-12 Class FA (U.S. SOFR 1 Month+1.06%)± | 5.39 | &nbsp;&nbsp; 3-20-2039 | 742507 | &nbsp;&nbsp; 743830 |
| &nbsp;&nbsp;&nbsp; GNMA Series 2009-15 Class FL (U.S. SOFR 1 Month+1.06%)± | 5.39 | &nbsp;&nbsp; 3-20-2039 | 742507 | &nbsp;&nbsp; 742810 |
| &nbsp;&nbsp;&nbsp; GNMA Series 2009-29 Class FL (U.S. SOFR 1 Month+0.76%)± | 5.09 | &nbsp;&nbsp; 5-16-2039 | 860988 | &nbsp;&nbsp; 860837 |
| &nbsp;&nbsp;&nbsp; GNMA Series 2009-36 Class FE (U.S. SOFR 1 Month+0.91%)± | 5.24 | &nbsp;&nbsp; 9-20-2038 | 779124 | &nbsp;&nbsp; 780221 |
| &nbsp;&nbsp;&nbsp; GNMA Series 2009-50 Class FW (U.S. SOFR 1 Month+1.11%)± | 5.44 | &nbsp;&nbsp; 7-20-2039 | 562468 | &nbsp;&nbsp; 566177 |
| &nbsp;&nbsp;&nbsp; GNMA Series 2009-52 Class FD (U.S. SOFR 1 Month+1.06%)± | 5.39 | &nbsp;&nbsp; 7-16-2039 | 290244 | &nbsp;&nbsp; 291203 |
| &nbsp;&nbsp;&nbsp; GNMA Series 2010-25 Class FH (U.S. SOFR 1 Month+0.83%)± | 5.16 | &nbsp;&nbsp; 2-16-2040 | 411784 | &nbsp;&nbsp; 410536 |
| &nbsp;&nbsp;&nbsp; GNMA Series 2010-79 Class YF (U.S. SOFR 1 Month+0.46%)± | 4.79 | &nbsp;&nbsp; 5-20-2035 | 1023334 | &nbsp;&nbsp; 1013630 |
| &nbsp;&nbsp;&nbsp; GNMA Series 2011-117 Class FJ (U.S. SOFR 1 Month+0.98%)± | 5.31 | &nbsp;&nbsp; 8-20-2041 | 740424 | &nbsp;&nbsp; 744009 |
| &nbsp;&nbsp;&nbsp; GNMA Series 2011-H12 Class FA (U.S. SOFR 1 Month+0.60%)± | 4.92 | &nbsp;&nbsp; 2-20-2061 | 103201 | &nbsp;&nbsp; 103614 |
| &nbsp;&nbsp;&nbsp; GNMA Series 2011-H17 Class FA (U.S. SOFR 1 Month+0.64%)± | 4.96 | &nbsp;&nbsp; 6-20-2061 | 78594 | &nbsp;&nbsp; 78918 |
| &nbsp;&nbsp;&nbsp; GNMA Series 2012-124 Class GF (U.S. SOFR 1 Month+0.36%)± | 4.69 | &nbsp;&nbsp; 10-20-2042 | 931543 | &nbsp;&nbsp; 910206 |
| &nbsp;&nbsp;&nbsp; GNMA Series 2014-44 Class IAƒ | 3.50 | &nbsp;&nbsp; 5-20-2028 | 373105 | &nbsp;&nbsp; 4753 |
| &nbsp;&nbsp;&nbsp; GNMA Series 2014-H16 Class FL (U.S. SOFR 1 Month+0.58%)± | 4.91 | &nbsp;&nbsp; 7-20-2064 | 326502 | &nbsp;&nbsp; 327508 |

---

See accompanying notes to portfolio of investments

10 \| Allspring Adjustable Rate Government Fund

------

Portfolio of investments—May 31, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Agency securities**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp; GNMA Series 2014-H22 Class FC (U.S. SOFR 1 Month+0.59%)± | 4.91<br> %<br>| &nbsp;&nbsp; 11-20-2064 | $690033 | &nbsp;&nbsp; $691948 |
| &nbsp;&nbsp;&nbsp; GNMA Series 2015-H23 Class TA (U.S. SOFR 1 Month+0.58%)± | 4.90 | &nbsp;&nbsp; 9-20-2065 | 667544 | &nbsp;&nbsp; 669474 |
| &nbsp;&nbsp;&nbsp; GNMA Series 2016-H24 Class FD (U.S. SOFR 12 Month+1.02%)± | 4.83 | &nbsp;&nbsp; 11-20-2066 | 179149 | &nbsp;&nbsp; 180447 |
| &nbsp;&nbsp;&nbsp; GNMA Series 2017-H11 Class FE (U.S. SOFR 12 Month+0.90%)± | 4.86 | &nbsp;&nbsp; 5-20-2067 | 1703385 | &nbsp;&nbsp; 1715272 |
| &nbsp;&nbsp;&nbsp; GNMA Series 2018-120 Class FL (U.S. SOFR 1 Month+0.41%)± | 4.74 | &nbsp;&nbsp; 9-20-2048 | 202403 | &nbsp;&nbsp; 195536 |
| &nbsp;&nbsp;&nbsp; GNMA Series 2018-49 Class FM (U.S. SOFR 1 Month+0.36%)± | 4.69 | &nbsp;&nbsp; 4-20-2048 | 909028 | &nbsp;&nbsp; 877346 |
| &nbsp;&nbsp;&nbsp; GNMA Series 2018-H07 Class FD (U.S. SOFR 1 Month+0.41%)± | 4.73 | &nbsp;&nbsp; 5-20-2068 | 105966 | &nbsp;&nbsp; 106073 |
| &nbsp;&nbsp;&nbsp; GNMA Series 2018-H13 Class FC (U.S. SOFR 1 Month+0.41%)± | 4.73 | &nbsp;&nbsp; 7-20-2068 | 114676 | &nbsp;&nbsp; 114795 |
| &nbsp;&nbsp;&nbsp; GNMA Series 2019-103 Class FG (U.S. SOFR 1 Month+0.56%)± | 4.89 | &nbsp;&nbsp; 4-20-2049 | 783481 | &nbsp;&nbsp; 761983 |
| &nbsp;&nbsp;&nbsp; GNMA Series 2019-129 Class WF (U.S. SOFR 1 Month+0.51%)± | 4.84 | &nbsp;&nbsp; 2-20-2046 | 897436 | &nbsp;&nbsp; 879397 |
| &nbsp;&nbsp;&nbsp; GNMA Series 2019-H06 Class FD (U.S. SOFR 1 Month+0.83%)± | 5.15 | &nbsp;&nbsp; 1-20-2069 | 504362 | &nbsp;&nbsp; 504677 |
| &nbsp;&nbsp;&nbsp; GNMA Series 2019-H09 Class FE (U.S. SOFR 1 Month+0.61%)± | 4.93 | &nbsp;&nbsp; 4-20-2069 | 620628 | &nbsp;&nbsp; 620188 |
| &nbsp;&nbsp;&nbsp; GNMA Series 2019-H15 Class FE (U.S. SOFR 1 Month+0.74%)± | 5.06 | &nbsp;&nbsp; 9-20-2069 | 1734945 | &nbsp;&nbsp; 1732350 |
| &nbsp;&nbsp;&nbsp; GNMA Series 2020-H12 Class F (U.S. SOFR 1 Month+0.61%)± | 4.93 | &nbsp;&nbsp; 7-20-2070 | 725453 | &nbsp;&nbsp; 719890 |
| &nbsp;&nbsp;&nbsp; GNMA Series 2020-H19 Class FB (U.S. SOFR 1 Month+0.56%)± | 4.88 | &nbsp;&nbsp; 11-20-2070 | 2226532 | &nbsp;&nbsp; 2208997 |
| &nbsp;&nbsp;&nbsp; GNMA Series 2021-H01 Class FC (U.S. SOFR 1 Month+0.51%)± | 4.83 | &nbsp;&nbsp; 11-20-2070 | 1224444 | &nbsp;&nbsp; 1210523 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; GNMA Series 2021-H14 Class FA (30 Day Average <br> U.S. SOFR+0.30%)±<br>| 4.63 | &nbsp;&nbsp; 4-20-2070 | 3280547 | &nbsp;&nbsp; 3222616 |
| **Total agency securities (Cost $150,644,325)** |  |  |  | &nbsp;&nbsp; **148095091** |
| **Asset-backed securities: 1.05%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Brazos Education Funding LLC Series 2015-1 Class A (30 Day Average <br> U.S. SOFR+1.11%)144A±<br>| 5.44 | &nbsp;&nbsp; 10-25-2056 | 371646 | &nbsp;&nbsp; 371548 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ECMC Group Student Loan Trust Series 2018-2A Class A (30 Day <br> Average U.S. SOFR+0.91%)144A±<br>| 5.24 | &nbsp;&nbsp; 9-25-2068 | 100822 | &nbsp;&nbsp; 99702 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Navient Private Education Refinance Loan Trust Series 2020-GA <br> Class A144A<br>| 1.17 | &nbsp;&nbsp; 9-16-2069 | 608728 | &nbsp;&nbsp; 561667 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Navient Student Loan Trust Series 2021-1A Class A1B (30 Day <br> Average U.S. SOFR+0.71%)144A±<br>| 5.04 | &nbsp;&nbsp; 12-26-2069 | 544999 | &nbsp;&nbsp; 535164 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Nelnet Student Loan Trust Series 2019-4A Class A (U.S. SOFR 1 <br> Month+0.98%)144A±<br>| 5.31 | &nbsp;&nbsp; 9-26-2067 | 348607 | &nbsp;&nbsp; 346524 |
| **Total asset-backed securities (Cost $1,972,260)** |  |  |  | &nbsp;&nbsp; **1914605** |
| **Corporate bonds and notes: 0.67%** |  |  |  |  |
| **Energy: 0.67%** |  |  |  |  |
| **Oil & gas services: 0.67%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Cal Dive I-Title XI, Inc. | 4.93 | &nbsp;&nbsp; 2-1-2027 | 1215467 | &nbsp;&nbsp; **1215639** |
| **Total corporate bonds and notes (Cost $1,231,654)** |  |  |  | &nbsp;&nbsp; **1215639** |
| **Non-agency mortgage-backed securities: 1.11%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Angel Oak Mortgage Trust Series 2020-R1 Class A1144A±± | 0.99 | &nbsp;&nbsp; 4-25-2053 | 298461 | &nbsp;&nbsp; 283025 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; GS Mortgage-Backed Securities Corp. Trust Series 2020-PJ4 <br> Class A2144A±±<br>| 3.00 | &nbsp;&nbsp; 1-25-2051 | 541306 | &nbsp;&nbsp; 463064 |
| &nbsp;&nbsp;&nbsp; MFA Trust Series 2020-NQM3 Class A1144A±± | 1.01 | &nbsp;&nbsp; 1-26-2065 | 152885 | &nbsp;&nbsp; 143921 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New Residential Mortgage Loan Trust Series 2018-4A Class A1M <br> (U.S. SOFR 1 Month+1.01%)144A±<br>| 5.34 | &nbsp;&nbsp; 1-25-2048 | 603518 | &nbsp;&nbsp; 590865 |

---

See accompanying notes to portfolio of investments

Allspring Adjustable Rate Government Fund \| 11

------

Portfolio of investments—May 31, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Non-agency mortgage-backed securities**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New Residential Mortgage Loan Trust Series 2020-RPL1 <br> Class A1144A±±<br>| 2.75<br> %<br>| &nbsp;&nbsp; 11-25-2059 | $135264 | &nbsp;&nbsp; $129137 |
| &nbsp;&nbsp;&nbsp; Starwood Mortgage Residential Trust Series 2021-2 Class A1144A±± | 0.94 | &nbsp;&nbsp; 5-25-2065 | 433047 | &nbsp;&nbsp; 403943 |
| **Total non-agency mortgage-backed securities (Cost $2,173,135)** |  |  |  | &nbsp;&nbsp; **2013955** |
| **U.S. Treasury securities: 5.66%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; U.S. Treasury Notes | 3.50 | &nbsp;&nbsp; 9-30-2026 | 6000000 | &nbsp;&nbsp; 5957813 |
| &nbsp;&nbsp;&nbsp; U.S. Treasury Notes | 4.13 | &nbsp;&nbsp; 10-31-2026 | 4325000 | &nbsp;&nbsp; 4330068 |
| **Total U.S. Treasury securities (Cost $10,270,640)** |  |  |  | &nbsp;&nbsp; **10287881** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  | Yield | Shares |  |
| **Short-term investments: 8.48%** |  |  |  |
| **Investment companies: 5.73%** |  |  |  |
| &nbsp;&nbsp;&nbsp; Allspring Government Money Market Fund Select Class♠∞ | 4.23 | 10416765 | &nbsp;&nbsp; **10416765** |

---

&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;&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; <br>| Principal |  |
| **U.S. Treasury securities: 2.75%** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; U.S. Treasury Bills☼ |  | 2.53 | &nbsp;&nbsp; 6-5-2025 | $5000000 | &nbsp;&nbsp; **4998229** |
| **Total short-term investments (Cost $15,415,010)** |  |  |  |  | &nbsp;&nbsp; **15414994** |
| **Total investments in securities (Cost $181,707,024)** | 98.46<br> %<br>|  |  |  | &nbsp;&nbsp; 178942165 |
| &nbsp;&nbsp;&nbsp; Other assets and liabilities, net | 1.54 |  |  |  | &nbsp;&nbsp; 2806233 |
| **Total net assets** | **100.00%**<br>|  |  |  | &nbsp;&nbsp; **$181748398** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| ± | Variable rate investment. The rate shown is the rate in effect at period end. |
| ƒ | Investment in an interest-only security that entitles holders to receive only the interest payments on the underlying mortgages. The principal amount shown is the <br> notional amount of the underlying mortgages. The rate represents the coupon rate.<br>|
| ±± | The coupon of the security is adjusted based on the principal and/or interest payments received from the underlying pool of mortgages as well as the credit quality <br> and the actual prepayment speed of the underlying mortgages. The rate shown is the rate in effect at period end.<br>|
| 144A | The security may be resold in transactions exempt from registration, normally to qualified institutional buyers, pursuant to Rule 144A under the Securities Act of <br> 1933.<br>|
| ♠ | The issuer of the security is an affiliated person of the Fund as defined in the Investment Company Act of 1940. |
| ∞ | The rate represents the 7-day annualized yield at period end. |
| ☼ | Zero coupon security. The rate represents the current yield to maturity. |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| Abbreviations: | Abbreviations: |
| COFI | Cost of Funds Index |
| FHLMC | Federal Home Loan Mortgage Corporation |
| FNMA | Federal National Mortgage Association |
| GNMA | Government National Mortgage Association |
| RFUCCT1Y | Refinitiv USD IBOR Consumer Cash Fallbacks Term 1-year |
| RFUCCT1M | Refinitiv USD IBOR Consumer Cash Fallbacks Term 1-month |
| RFUCCT6M | Refinitiv USD IBOR Consumer Cash Fallbacks Term 6-month |
| SOFR | Secured Overnight Financing Rate |
| STRIPS | Separate trading of registered interest and principal securities |

---

See accompanying notes to portfolio of investments

12 \| Allspring Adjustable Rate Government Fund

------

Portfolio of investments—May 31, 2025 (unaudited)

**Investments in affiliates**

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

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Value, <br>beginning of <br>period<br>| Purchases | Sales <br>proceeds<br>| Net <br>realized <br>gains <br>(losses)<br>| Net <br>change in <br>unrealized <br>gains <br>(losses)<br>| Value, <br>end of <br>period<br>| Shares, <br>end <br>of period<br>| Income <br>from <br>affiliated <br>securities<br>|
| **Short-term investments** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Allspring Government Money Market Fund Select <br> Class<br>| $2514250 | $86093977 | $(78191462)<br>| $0 | $0 | $10416765 | 10416765 | $201645 |

---

**Futures contracts** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Description | &nbsp;&nbsp; Number of <br>contracts<br>| &nbsp;&nbsp; Expiration <br>date<br>| &nbsp;&nbsp; Notional <br>cost<br>| &nbsp;&nbsp; Notional <br>value<br>| &nbsp;&nbsp; Unrealized <br>gains<br>| &nbsp;&nbsp; Unrealized <br>losses<br>|
| **Long** |  |  |  |  |  |  |
| &nbsp;&nbsp; 2-Year U.S. Treasury Notes | &nbsp;&nbsp; 50 | &nbsp;&nbsp; 9-30-2025 | &nbsp;&nbsp; $10362178 | &nbsp;&nbsp; $10371875 | &nbsp;&nbsp; $9697 | &nbsp;&nbsp; $0 |
| **Short** |  |  |  |  |  |  |
| &nbsp;&nbsp; 10-Year U.S. Treasury Notes | &nbsp;&nbsp; (61)<br>| &nbsp;&nbsp; 9-19-2025 | &nbsp;&nbsp; (6743256)<br>| &nbsp;&nbsp; (6755750)<br>| &nbsp;&nbsp; 0 | &nbsp;&nbsp; (12494)<br>|
| &nbsp;&nbsp; Ultra 10-Year U.S. Treasury Notes | &nbsp;&nbsp; (65)<br>| &nbsp;&nbsp; 9-19-2025 | &nbsp;&nbsp; (7302747)<br>| &nbsp;&nbsp; (7315547)<br>| &nbsp;&nbsp; 0 | &nbsp;&nbsp; (12800)<br>|
|  |  |  |  |  | &nbsp;&nbsp; **$9697** | &nbsp;&nbsp; **$(25294)**<br>|

---

See accompanying notes to portfolio of investments

Allspring Adjustable Rate Government Fund \| 13

------

Notes to portfolio of investments—May 31, 2025 (unaudited)

Notes to portfolio of investments

Securities valuation

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

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

Futures contracts that are listed on a foreign or domestic exchange or market are valued at the official closing price or, if none, the last sales price.

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

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

Futures contracts

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

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

Mortgage dollar roll transactions

The Fund may engage in mortgage dollar roll transactions through To Be Announced (TBA) mortgage-backed securities issued by Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC). In a mortgage dollar roll transaction, the Fund sells a mortgage-backed security to a financial institution, such as a bank or broker-dealer and simultaneously agrees to repurchase a substantially similar security from the institution at a later date at an agreed upon price. The mortgage-backed securities that are repurchased will bear the same interest rate as those sold, but generally will be collateralized by different pools of mortgages with different pre-payment histories. During the roll period, the Fund foregoes principal and interest paid on the securities. The Fund is compensated by the difference between the current sales price and the forward price for the future purchase as well as by the earnings on the cash proceeds of the initial sale. Mortgage dollar rolls may be renewed without physical delivery of the securities subject to the contract. The Fund accounts for TBA dollar roll transactions as purchases and sales which, as a result, may increase its portfolio turnover rate.

Fair valuation measurements

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

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

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

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

14 \| Allspring Adjustable Rate Government Fund

------

Notes to portfolio of investments—May 31, 2025 (unaudited)

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

The following is a summary of the inputs used in valuing the Fund's assets and liabilities as of May 31, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp; Quoted prices <br>(Level 1)<br>| &nbsp;&nbsp;&nbsp; Other significant <br>observable inputs <br>(Level 2)<br>| &nbsp;&nbsp;&nbsp; Significant <br>unobservable inputs <br>(Level 3)<br>| Total |
| **Assets** |  |  |  |  |
| **Investments in:** |  |  |  |  |
| **Agency securities** | &nbsp;&nbsp; $0 | &nbsp;&nbsp;&nbsp;&nbsp; $148095091 | &nbsp;&nbsp;&nbsp;&nbsp; $0 | &nbsp;&nbsp;&nbsp;&nbsp; $148095091 |
| **Asset-backed securities** | &nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 1914605 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 1914605 |
| **Corporate bonds and notes** | &nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 1215639 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 1215639 |
| **Non-agency mortgage-backed securities** | &nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 2013955 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 2013955 |
| **U.S. Treasury securities** | &nbsp;&nbsp; 10287881 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 10287881 |
| **Short-term investments** |  |  |  |  |
| *Investment companies* | &nbsp;&nbsp; 10416765 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 10416765 |
| *U.S. Treasury securities* | &nbsp;&nbsp; 4998229 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 4998229 |
|  | &nbsp;&nbsp; 25702875 | &nbsp;&nbsp;&nbsp;&nbsp; 153239290 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 178942165 |
| **Futures contracts** | &nbsp;&nbsp; 9697 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 9697 |
| **Total assets** | &nbsp;&nbsp; **$25712572** | &nbsp;&nbsp;&nbsp; **$153239290** | &nbsp;&nbsp;&nbsp; **$0** | &nbsp;&nbsp;&nbsp; **$178951862** |
| **Liabilities** | **Liabilities** | **Liabilities** | **Liabilities** | **Liabilities** |
| **Futures contracts** | &nbsp;&nbsp; $25294 | &nbsp;&nbsp;&nbsp;&nbsp; $0 | &nbsp;&nbsp;&nbsp;&nbsp; $0 | &nbsp;&nbsp;&nbsp;&nbsp; $25294 |
| **Total liabilities** | &nbsp;&nbsp; **$25294** | &nbsp;&nbsp;&nbsp; **$0** | &nbsp;&nbsp;&nbsp; **$0** | &nbsp;&nbsp;&nbsp; **$25294** |

---

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

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

As of May 31, 2025, $1,366,000 was segregated as cash collateral for these open futures contracts.

At May 31, 2025, the Fund did not have any transfers into/out of Level 3.

Allspring Adjustable Rate Government Fund \| 15

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

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

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

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

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

  - **Street Address 1:** 1415 Vantage Park Drive

  - **City:** Charlotte

  - **State:** NC

  - **Foreign country:** US

  - **Zip / Postal Code:** 28203

  - **Telephone number:** 833-568-4255

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

- **a. Name of Series:** Allspring Adjustable Rate Government Fund

- **b. EDGAR series identifier (if any):** S000029096

- **c. LEI of Series:** 549300M33JC6U6N0MH39

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

- **a. Date of fiscal year-end:** 2025-08-31

- **b. Date as of which information is reported:** 2025-05-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $182231521.88

**Total Liabilities:** $826796.16

**Net Assets:** $181404725.72

**Cash Not Reported:** $1377698.82

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -27.20000000 | **1-Year:** -499.24000000 | **5-Year:** -1365.86000000 | **10-Year:** -370.37000000 | **30-Year:** -28.15000000

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

- **3-Month:** -109.02000000 | **1-Year:** -1075.04000000 | **5-Year:** -4997.96000000 | **10-Year:** -5933.20000000 | **30-Year:** -1698.32000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000089448 | 0.26%                | 0.48%                | 0.26%                |
| Class ID C000089445 | 0.23%                | 0.46%                | 0.23%                |
| Class ID C000092798 | 0.36%                | 0.36%                | 0.36%                |
| Class ID C000089447 | 0.17%                | 0.40%                | 0.28%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-231.60                 | $-99494.70                                 |
| Month 2  | $-27089.07               | $188521.67                                 |
| Month 3  | $-31815.43               | $-197016.56                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 3128S4E52<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    327932 | PA      | $333846.94    | 0.18%             | 2035-10-01      | Floating      | 7.46%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 3140JBFA9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    372662 | PA      | $383057.99    | 0.21%             | 2034-10-01      | Floating      | 6.91%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31336SRX8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     38103 | PA      | $38631.82     | 0.02%             | 2033-05-01      | Floating      | 7.06%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 3128LLZG4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     65666 | PA      | $68081.00     | 0.04%             | 2042-08-01      | Floating      | 7.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Structured Pass Through Securities         | Freddie Mac Structured Pass-Through Certificates             | CUSIP: 31396HZR3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1584857 | PA      | $1485768.14   | 0.82%             | 2036-03-25      | Variable      | 4.09%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                         | Angel Oak Mortgage Trust 2020-R1                             | CUSIP: 034651AA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    298461 | PA      | $283024.98    | 0.16%             | 2053-04-25      | Variable      | 0.99%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                             | Fannie Mae Trust 2004-W1                                     | CUSIP: 31393U4S9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     23091 | PA      | $21688.30     | 0.01%             | 2043-01-25      | Variable      | 5.16%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 3128Q43Y3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    114155 | PA      | $115947.33    | 0.06%             | 2037-10-01      | Floating      | 6.44%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31407PJH2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     73241 | PA      | $75002.14     | 0.04%             | 2035-10-01      | Floating      | 6.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31402C3C4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      4067 | PA      | $4081.37      | 0.00%             | 2033-01-01      | Floating      | 7.12%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                             | Fannie Mae Trust 2003-W2                                     | CUSIP: 31392JAD1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    143307 | PA      | $149450.53    | 0.08%             | 2042-07-25      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31402C3B6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    355763 | PA      | $362352.94    | 0.20%             | 2033-05-01      | Floating      | 7.14%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31411WPJ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    121350 | PA      | $125443.37    | 0.07%             | 2036-10-01      | Floating      | 6.91%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31409XEN5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    173299 | PA      | $177924.15    | 0.10%             | 2037-05-01      | Floating      | 6.46%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                     | CUSIP: 38381TC37<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    509036 | PA      | $509354.64    | 0.28%             | 2069-01-20      | Floating      | 5.15%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31300MFQ1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    154839 | PA      | $158279.27    | 0.09%             | 2036-09-01      | Floating      | 7.02%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31378UXN7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      4721 | PA      | $4720.87      | 0.00%             | 2026-12-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust                       | Navient Private Education Refi Loan Trust 2020-G             | CUSIP: 63941UAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    608728 | PA      | $561667.26    | 0.31%             | 2069-09-16      | Fixed         | 1.17%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                            | CUSIP: 31392EX39<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2687415 | PA      | $2709179.11   | 1.49%             | 2042-04-25      | Variable      | 4.53%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31348MXS1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      7817 | PA      | $7691.59      | 0.00%             | 2027-08-01      | Floating      | 3.57%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                           | CUSIP: 31397H7E2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    567399 | PA      | $558787.39    | 0.31%             | 2037-05-15      | Floating      | 4.79%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                           | CUSIP: 31396F4J9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    347513 | PA      | $343436.32    | 0.19%             | 2035-11-15      | Floating      | 4.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31385SEH7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     20169 | PA      | $19806.64     | 0.01%             | 2034-06-01      | Floating      | 4.74%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31387JR57<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     16730 | PA      | $17175.33     | 0.01%             | 2031-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31391LJN6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     93875 | PA      | $94670.68     | 0.05%             | 2033-02-01      | Floating      | 5.93%                 | No            |                  2 | On Loan: No      |
| Freddiemac Strip                                 | Freddie Mac Strips                                           | CUSIP: 3128HXM85<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    470638 | PA      | $463312.85    | 0.26%             | 2042-07-15      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31410F4D4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1454 | PA      | $1437.82      | 0.00%             | 2038-01-01      | Floating      | 4.91%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 3140JA4Z8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    509376 | PA      | $528877.57    | 0.29%             | 2045-02-01      | Floating      | 6.77%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                            | CUSIP: 31394V4W7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    227931 | PA      | $225563.80    | 0.12%             | 2036-03-25      | Floating      | 4.74%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 3128JNSP1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     66783 | PA      | $68400.81     | 0.04%             | 2037-04-01      | Floating      | 6.88%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                     | CUSIP: 38380LHH9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    114676 | PA      | $114794.50    | 0.06%             | 2068-07-20      | Floating      | 4.73%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31385WZU6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     30122 | PA      | $30853.04     | 0.02%             | 2040-04-01      | Floating      | 6.72%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31402RN88<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     39322 | PA      | $39628.17     | 0.02%             | 2034-03-01      | Floating      | 6.19%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                           | CUSIP: 3137A7Y38<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    102751 | PA      | $101201.47    | 0.06%             | 2041-03-15      | Floating      | 4.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 3140JA3N6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    375318 | PA      | $386889.21    | 0.21%             | 2044-09-01      | Floating      | 7.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                            | CUSIP: 3136B4ZA9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    195767 | PA      | $190200.67    | 0.10%             | 2049-06-25      | Floating      | 4.89%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31373HXX9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     54058 | PA      | $52959.13     | 0.03%             | 2034-04-01      | Floating      | 4.24%                 | No            |                  2 | On Loan: No      |
| FannieMae Grantor Trust                          | Fannie Mae Grantor Trust 2002-T12                            | CUSIP: 31392D7J5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    667853 | PA      | $674135.24    | 0.37%             | 2041-10-25      | Variable      | 5.32%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31295LBY7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     70999 | PA      | $71394.05     | 0.04%             | 2030-06-01      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 3128JR2U9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     50302 | PA      | $50368.38     | 0.03%             | 2034-07-01      | Floating      | 7.34%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                            | CUSIP: 3136ATVF8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    344553 | PA      | $341121.97    | 0.19%             | 2046-09-25      | Floating      | 4.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                            | CUSIP: 31392BMX1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     12661 | PA      | $12624.61     | 0.01%             | 2032-01-25      | Floating      | 4.99%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31288QAF7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    226740 | PA      | $228227.45    | 0.13%             | 2032-04-01      | Floating      | 7.01%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31348SUM4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     11857 | PA      | $11828.62     | 0.01%             | 2026-11-01      | Floating      | 7.35%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 3128JR2V7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    134035 | PA      | $133766.86    | 0.07%             | 2033-08-01      | Floating      | 6.70%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 3128QJYD2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     37242 | PA      | $37711.73     | 0.02%             | 2037-02-01      | Floating      | 6.51%                 | No            |                  2 | On Loan: No      |
| Starwood Mortgage Residential Trust              | Starwood Mortgage Residential Trust 2021-2                   | CUSIP: 85573HAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    433047 | PA      | $403943.27    | 0.22%             | 2065-05-25      | Variable      | 0.94%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                            | CUSIP: 31395NAH0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    493410 | PA      | $491827.54    | 0.27%             | 2036-06-25      | Floating      | 5.01%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 3128S5CP7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     95743 | PA      | $98655.25     | 0.05%             | 2037-09-01      | Floating      | 7.02%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                     | CUSIP: 38377GGS2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1023334 | PA      | $1013630.17   | 0.56%             | 2035-05-20      | Floating      | 4.79%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 3138NYZ40<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    118034 | PA      | $121747.43    | 0.07%             | 2043-02-01      | Floating      | 6.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31403LQG9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     21375 | PA      | $21361.12     | 0.01%             | 2033-08-01      | Floating      | 5.80%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                     | CUSIP: 38376R3N4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1703385 | PA      | $1715272.24   | 0.95%             | 2067-05-20      | Floating      | 4.86%                 | No            |                  2 | On Loan: No      |
| FannieMae Grantor Trust                          | Fannie Mae Grantor Trust 2004-T3                             | CUSIP: 31393YU78<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    190947 | PA      | $196555.98    | 0.11%             | 2044-02-25      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31378QBE0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      8611 | PA      | $8630.75      | 0.00%             | 2027-06-01      | Floating      | 6.60%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                           | CUSIP: 36225FA82<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     15509 | PA      | $15856.60     | 0.01%             | 2041-01-20      | Floating      | 6.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31386SJF5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     17456 | PA      | $17508.61     | 0.01%             | 2027-07-01      | Floating      | 7.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31295K4L5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     21537 | PA      | $21492.35     | 0.01%             | 2029-11-01      | Floating      | 5.77%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                           | CUSIP: 31392MP22<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     40263 | PA      | $40222.49     | 0.02%             | 2032-03-15      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| FHLMC Structured Pass Through Securities         | Freddie Mac Structured Pass-Through Certificates             | CUSIP: 31393LFP3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    413934 | PA      | $393789.26    | 0.22%             | 2043-02-25      | Variable      | 4.29%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31388MXL7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     56368 | PA      | $57064.67     | 0.03%             | 2031-08-01      | Floating      | 6.47%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31412FSD6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     91301 | PA      | $91285.54     | 0.05%             | 2030-08-01      | Floating      | 6.24%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                            | CUSIP: 3136ARPU6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1298444 | PA      | $1289887.11   | 0.71%             | 2046-03-25      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                             | Fannie Mae Trust 2003-W8                                     | CUSIP: 31393CX81<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    415085 | PA      | $404494.76    | 0.22%             | 2042-11-25      | Variable      | 4.89%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 3128Q43C1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    100633 | PA      | $102444.76    | 0.06%             | 2035-12-01      | Floating      | 6.74%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31288QEY2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    236234 | PA      | $242818.67    | 0.13%             | 2045-07-01      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31402DSM3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    192584 | PA      | $193791.00    | 0.11%             | 2033-08-01      | Floating      | 6.65%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31412YBD3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     65937 | PA      | $67384.49     | 0.04%             | 2037-07-01      | Floating      | 7.49%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31402Q4Y4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     18267 | PA      | $18397.88     | 0.01%             | 2033-05-01      | Floating      | 7.22%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31400YA71<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    152867 | PA      | $155366.40    | 0.09%             | 2033-04-01      | Floating      | 6.72%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 3128JR2S4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      2118 | PA      | $2125.37      | 0.00%             | 2026-06-01      | Floating      | 7.23%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                            | CUSIP: 31394DAA8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    362212 | PA      | $358119.44    | 0.20%             | 2035-04-25      | Floating      | 4.79%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31404GU58<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     19023 | PA      | $19108.75     | 0.01%             | 2029-05-01      | Floating      | 5.55%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31336CMK6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    125613 | PA      | $127985.10    | 0.07%             | 2035-01-01      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31413H5B0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    307002 | PA      | $312914.73    | 0.17%             | 2037-09-01      | Floating      | 7.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31407FUY4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    162932 | PA      | $167327.26    | 0.09%             | 2035-08-01      | Floating      | 7.30%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 3128NUFL3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    313882 | PA      | $323900.37    | 0.18%             | 2038-04-01      | Floating      | 6.61%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31349TE49<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     21061 | PA      | $21619.53     | 0.01%             | 2034-05-01      | Floating      | 6.95%                 | No            |                  2 | On Loan: No      |
| ALLSPRING GOVERNMENT MONEY MAR                   | ALLSPRING GOVERNMENT MONEY MAR                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  10416765 | NS      | $10416765.11  | 5.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31337NNG9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      1081 | PA      | $1081.12      | 0.00%             | 2030-04-01      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31374VCJ1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       131 | PA      | $130.65       | 0.00%             | 2025-10-01      | Floating      | 7.10%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                            | CUSIP: 3136A95L8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    672368 | PA      | $657806.01    | 0.36%             | 2042-11-25      | Floating      | 4.84%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31348S4G6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       826 | PA      | $827.16       | 0.00%             | 2028-01-01      | Floating      | 7.48%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                     | CUSIP: 38374TKE3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    742507 | PA      | $742810.11    | 0.41%             | 2039-03-20      | Floating      | 5.39%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                           | CUSIP: 31397FLB6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    317960 | PA      | $313122.75    | 0.17%             | 2037-03-15      | Floating      | 4.82%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 3138EJ5V6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     90263 | PA      | $92128.30     | 0.05%             | 2036-09-01      | Floating      | 6.74%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31300LTC9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    332356 | PA      | $343855.23    | 0.19%             | 2037-01-01      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31383QTJ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     55203 | PA      | $55513.52     | 0.03%             | 2039-12-01      | Floating      | 6.45%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                     | CUSIP: 38375UNH9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    326502 | PA      | $327508.37    | 0.18%             | 2064-07-20      | Floating      | 4.91%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31404GF55<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    193664 | PA      | $198595.18    | 0.11%             | 2033-09-01      | Floating      | 7.40%                 | No            |                  2 | On Loan: No      |
| FHLMC Structured Pass Through Securities         | Freddie Mac Structured Pass-Through Certificates             | CUSIP: 3133TPFD6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    320310 | PA      | $319639.47    | 0.18%             | 2030-10-25      | Floating      | 4.74%                 | No            |                  2 | On Loan: No      |
| FHLMC Structured Pass Through Securities         | Freddie Mac Structured Pass-Through Certificates             | CUSIP: 3133TQCC9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    424087 | PA      | $402432.16    | 0.22%             | 2030-12-25      | Floating      | 4.68%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31400QCN1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     38341 | PA      | $39078.10     | 0.02%             | 2033-01-01      | Floating      | 6.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31410GJV6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     56909 | PA      | $57238.61     | 0.03%             | 2033-09-01      | Floating      | 6.71%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31377Y6E0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     10714 | PA      | $10736.30     | 0.01%             | 2027-05-01      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31300MTV5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    134401 | PA      | $137693.32    | 0.08%             | 2038-05-01      | Floating      | 6.96%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                           | CUSIP: 3137AFGG1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     20788 | PA      | $20748.74     | 0.01%             | 2041-01-15      | Floating      | 4.90%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                     | CUSIP: 38380LB28<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1734945 | PA      | $1732350.46   | 0.95%             | 2069-09-20      | Floating      | 5.06%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                     | CUSIP: 38375BML3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     78594 | PA      | $78918.41     | 0.04%             | 2061-06-20      | Floating      | 4.96%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                     | CUSIP: 38382YDQ3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3280547 | PA      | $3222615.64   | 1.78%             | 2070-04-20      | Floating      | 4.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 3128S6CQ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    656670 | PA      | $677629.86    | 0.37%             | 2037-04-01      | Floating      | 6.97%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31405GMM9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     72081 | PA      | $72392.59     | 0.04%             | 2033-12-01      | Floating      | 6.82%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                     | CUSIP: 38374XJG1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    742507 | PA      | $743829.76    | 0.41%             | 2039-03-20      | Floating      | 5.39%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 3128JR2M7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     93392 | PA      | $94974.11     | 0.05%             | 2035-06-01      | Floating      | 7.03%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31391D6D0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     63426 | PA      | $62781.08     | 0.03%             | 2031-09-01      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31384VXM9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     48903 | PA      | $48829.48     | 0.03%             | 2029-07-01      | Floating      | 5.74%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31406L4G0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     85233 | PA      | $87419.27     | 0.05%             | 2035-03-01      | Floating      | 6.44%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31401EWB1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      9576 | PA      | $9608.42      | 0.01%             | 2032-03-01      | Floating      | 6.96%                 | No            |                  2 | On Loan: No      |
| FHLMC Structured Pass Through Securities         | Freddie Mac Structured Pass-Through Certificates             | CUSIP: 3133TKPF1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    662690 | PA      | $636235.19    | 0.35%             | 2029-06-25      | Floating      | 4.79%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31384VJ60<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     18851 | PA      | $18900.27     | 0.01%             | 2028-07-01      | Floating      | 7.34%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                           | CUSIP: 31392KBP0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     31981 | PA      | $2981.47      | 0.00%             | 2032-03-15      | Floating      | 3.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31389YSS1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     16210 | PA      | $16314.00     | 0.01%             | 2031-01-01      | Floating      | 6.79%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31402G5Q2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    107241 | PA      | $108876.93    | 0.06%             | 2032-12-01      | Floating      | 6.44%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs. | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137H95V7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3602850 | PA      | $3611567.87   | 1.99%             | 2032-09-25      | Floating      | 5.10%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31410KVF8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      4804 | PA      | $4777.21      | 0.00%             | 2027-10-01      | Floating      | 4.78%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 3128QPNA6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     93747 | PA      | $95452.56     | 0.05%             | 2036-07-01      | Floating      | 7.19%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31295MF62<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     10094 | PA      | $10109.96     | 0.01%             | 2029-09-01      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31405QCV8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     76641 | PA      | $78218.65     | 0.04%             | 2034-10-01      | Floating      | 7.22%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 3140JBE69<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    918825 | PA      | $944489.73    | 0.52%             | 2044-07-01      | Floating      | 7.14%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                     | CUSIP: 38374JGQ3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    256156 | PA      | $254364.20    | 0.14%             | 2034-10-20      | Floating      | 4.84%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31300MFR9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    447323 | PA      | $459070.36    | 0.25%             | 2039-09-01      | Floating      | 6.98%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 3138EMJS1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    180069 | PA      | $185411.28    | 0.10%             | 2038-04-01      | Floating      | 6.89%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31381JQ96<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    180211 | PA      | $180684.25    | 0.10%             | 2036-01-01      | Floating      | 6.69%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31336CLT8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    141069 | PA      | $144066.51    | 0.08%             | 2034-02-01      | Floating      | 6.48%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31407GCY2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    379337 | PA      | $391163.02    | 0.22%             | 2035-05-01      | Floating      | 6.97%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31402RX61<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     25954 | PA      | $25942.61     | 0.01%             | 2033-08-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                     | CUSIP: 38375XPF5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    593382 | PA      | $595760.82    | 0.33%             | 2038-08-20      | Floating      | 5.39%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31295KYG3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     43044 | PA      | $43119.97     | 0.02%             | 2027-07-01      | Floating      | 7.39%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                     | CUSIP: 38381Y7T5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    897436 | PA      | $879396.81    | 0.48%             | 2046-02-20      | Floating      | 4.84%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                            | CUSIP: 3136AHZW3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    209503 | PA      | $207271.37    | 0.11%             | 2043-06-25      | Floating      | 4.69%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Bills                                          | CUSIP: 912797NP8<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |   5000000 | PA      | $4998228.75   | 2.76%             | 2025-06-05      | None          | 0.00%                 | No            |                  1 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                            | CUSIP: 3136AJFG6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    459016 | PA      | $452360.20    | 0.25%             | 2044-03-25      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                            | CUSIP: 3136B2CB6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1876819 | PA      | $1853044.73   | 1.02%             | 2048-06-25      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 3138EH6Q0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     49997 | PA      | $51025.22     | 0.03%             | 2036-01-01      | Floating      | 7.07%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 3128SGAK6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      4450 | PA      | $4362.52      | 0.00%             | 2030-11-01      | Floating      | 4.72%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                            | CUSIP: 31396XWU4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     49011 | PA      | $49347.34     | 0.03%             | 2036-08-27      | Floating      | 4.65%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                           | CUSIP: 3137FNC81<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    968499 | PA      | $957701.18    | 0.53%             | 2042-12-15      | Floating      | 4.89%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 3128S6CM2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    682409 | PA      | $705677.70    | 0.39%             | 2040-01-01      | Floating      | 7.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 3138EQDK5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    109859 | PA      | $112377.26    | 0.06%             | 2037-01-01      | Floating      | 7.19%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 3138ENGE3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     26975 | PA      | $27854.28     | 0.02%             | 2044-02-01      | Floating      | 6.51%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 3138EKXA8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     80927 | PA      | $83170.78     | 0.05%             | 2035-08-01      | Floating      | 6.97%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                            | CUSIP: 3136AUAW1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    873590 | PA      | $854431.11    | 0.47%             | 2046-11-25      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31416BPP7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     77607 | PA      | $80254.29     | 0.04%             | 2037-07-01      | Floating      | 7.09%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                             | Fannie Mae REMIC Trust 2004-W12                              | CUSIP: 31394A7H3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1089112 | PA      | $1059168.94   | 0.58%             | 2044-06-25      | Variable      | 4.92%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                            | CUSIP: 3136ATUP7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    677861 | PA      | $663617.71    | 0.37%             | 2046-09-25      | Floating      | 4.92%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                           | CUSIP: 3137AXAX1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    815812 | PA      | $794222.17    | 0.44%             | 2037-09-15      | Floating      | 4.80%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 3128QHTB6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    297742 | PA      | $305403.24    | 0.17%             | 2037-01-01      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                     | CUSIP: 38374V2Q1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    562468 | PA      | $566177.44    | 0.31%             | 2039-07-20      | Floating      | 5.44%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31300MP98<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    178259 | PA      | $182300.94    | 0.10%             | 2037-01-01      | Floating      | 6.57%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31407UMR5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     77466 | PA      | $80525.07     | 0.04%             | 2034-11-01      | Floating      | 7.04%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 3128JRCM6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     16386 | PA      | $16622.46     | 0.01%             | 2034-04-01      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust                       | Navient Student Loan Trust 2021-1                            | CUSIP: 63942NAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    544999 | PA      | $535163.94    | 0.30%             | 2069-12-26      | Floating      | 5.04%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                           | US 2YR NOTE (CBT) SEP25                                      | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |        50 | NC      | $9697.10      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31390RLT8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     22990 | PA      | $22946.07     | 0.01%             | 2033-05-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31387TZG2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      6501 | PA      | $6560.49      | 0.00%             | 2030-09-01      | Floating      | 7.39%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                            | CUSIP: 3136B9TA5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    546377 | PA      | $542177.66    | 0.30%             | 2050-05-25      | Floating      | 5.10%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                     | CUSIP: 38377XQA3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    740424 | PA      | $744009.07    | 0.41%             | 2041-08-20      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                           | CUSIP: 3137B4UR5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    128606 | PA      | $128028.37    | 0.07%             | 2041-05-15      | Floating      | 4.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31385TW44<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     10179 | PA      | $10333.88     | 0.01%             | 2034-05-01      | Floating      | 6.45%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs. | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137H2NU4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3424979 | PA      | $3177738.62   | 1.75%             | 2051-05-25      | Variable      | 1.47%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                            | CUSIP: 3136AWB71<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2264079 | PA      | $2237409.14   | 1.23%             | 2047-06-25      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 3138ELZ63<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     65748 | PA      | $68058.36     | 0.04%             | 2042-09-01      | Floating      | 6.91%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31295LVA7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     17079 | PA      | $17085.58     | 0.01%             | 2030-09-01      | Floating      | 5.99%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 3128JR2J4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    104621 | PA      | $104788.67    | 0.06%             | 2035-06-01      | Floating      | 5.34%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                           | CUSIP: 31396RE78<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    460836 | PA      | $456365.08    | 0.25%             | 2036-05-15      | Floating      | 4.80%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                             | Fannie Mae REMIC Trust 2001-W1                               | CUSIP: 31359S2J8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     12953 | PA      | $12434.19     | 0.01%             | 2031-08-25      | Floating      | 4.71%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 3138XUYA4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    223692 | PA      | $230148.14    | 0.13%             | 2044-06-01      | Floating      | 7.34%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                            | CUSIP: 31397MCT2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    400302 | PA      | $403447.37    | 0.22%             | 2038-07-25      | Floating      | 5.44%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                            | CUSIP: 3136B3K74<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    297985 | PA      | $291761.40    | 0.16%             | 2049-03-25      | Floating      | 4.89%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                           | CUSIP: 3137A8J25<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    280219 | PA      | $279406.48    | 0.15%             | 2033-02-15      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 3138EPYB4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    112297 | PA      | $115795.88    | 0.06%             | 2038-04-01      | Floating      | 6.75%                 | No            |                  2 | On Loan: No      |
| FannieMae Grantor Trust                          | Fannie Mae Grantor Trust 2001-T8                             | CUSIP: 313920UK4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     40139 | PA      | $40587.41     | 0.02%             | 2041-07-25      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31387TZ49<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      7482 | PA      | $7524.77      | 0.00%             | 2028-10-01      | Floating      | 6.77%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                     | CUSIP: 38380LTT0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    620628 | PA      | $620187.94    | 0.34%             | 2069-04-20      | Floating      | 4.93%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 3128NH6H1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     96504 | PA      | $98146.94     | 0.05%             | 2035-08-01      | Floating      | 6.54%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31300LSV8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    124231 | PA      | $127778.41    | 0.07%             | 2038-07-01      | Floating      | 7.48%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31349HBA4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    106778 | PA      | $108185.57    | 0.06%             | 2032-06-01      | Floating      | 6.85%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                            | CUSIP: 31396XNX8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    641344 | PA      | $636543.98    | 0.35%             | 2037-09-25      | Floating      | 4.89%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31410GD91<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     21738 | PA      | $22226.57     | 0.01%             | 2035-06-01      | Floating      | 7.30%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31402Q4T5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     24500 | PA      | $24563.00     | 0.01%             | 2030-07-01      | Floating      | 7.07%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31346VHJ1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       243 | PA      | $237.55       | 0.00%             | 2030-01-01      | Floating      | 4.24%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                           | CUSIP: 3137F1FL7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    368361 | PA      | $358300.53    | 0.20%             | 2047-06-15      | Floating      | 4.80%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                                          | CUSIP: 91282CLP4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   6000000 | PA      | $5957812.50   | 3.28%             | 2026-09-30      | Fixed         | 3.50%                 | No            |                  1 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31300MNT6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     62829 | PA      | $64632.45     | 0.04%             | 2044-07-01      | Floating      | 7.13%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                             | Fannie Mae REMIC Trust 2003-W10                              | CUSIP: 31393DUG4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    831089 | PA      | $816485.24    | 0.45%             | 2043-06-25      | Variable      | 3.98%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                           | CUSIP: 3137BWWX8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    609358 | PA      | $601331.12    | 0.33%             | 2042-12-15      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 3138ENY45<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    184653 | PA      | $188531.03    | 0.10%             | 2035-11-01      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 3138EN5Z8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    168249 | PA      | $171490.59    | 0.09%             | 2035-11-01      | Floating      | 6.54%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31402RUT4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    462511 | PA      | $457231.62    | 0.25%             | 2037-09-01      | Floating      | 4.31%                 | No            |                  2 | On Loan: No      |
| FHLMC Structured Pass Through Securities         | Freddie Mac Structured Pass-Through Certificates             | CUSIP: 3133TMG26<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1459220 | PA      | $1407336.23   | 0.78%             | 2029-12-25      | Floating      | 4.74%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                            | CUSIP: 31392BTR7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     11100 | PA      | $11130.27     | 0.01%             | 2032-02-25      | Floating      | 5.34%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 3128HDMT3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      5984 | PA      | $6006.65      | 0.00%             | 2030-09-01      | Floating      | 7.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31384HFY4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      3589 | PA      | $3607.22      | 0.00%             | 2028-06-01      | Floating      | 5.91%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31336CL27<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     54074 | PA      | $55026.47     | 0.03%             | 2034-04-01      | Floating      | 6.48%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                           | CUSIP: 31396HGJ2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     73648 | PA      | $73345.18     | 0.04%             | 2030-09-15      | Floating      | 4.80%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                     | CUSIP: 38380WRK7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    909028 | PA      | $877345.66    | 0.48%             | 2048-04-20      | Floating      | 4.69%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31391XDW6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    206871 | PA      | $210700.07    | 0.12%             | 2040-08-01      | Floating      | 6.93%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31295KWB6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     31376 | PA      | $31338.65     | 0.02%             | 2027-11-01      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31387TZM9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1883 | PA      | $1897.55      | 0.00%             | 2030-03-01      | Floating      | 6.89%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 3138EKDJ1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    249624 | PA      | $255062.79    | 0.14%             | 2037-10-01      | Floating      | 6.05%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                     | CUSIP: 38376RHJ8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    667544 | PA      | $669474.48    | 0.37%             | 2065-09-20      | Floating      | 4.90%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                     | CUSIP: 38376RE44<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    179149 | PA      | $180446.61    | 0.10%             | 2066-11-20      | Floating      | 4.83%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31407JNR9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    153934 | PA      | $156972.72    | 0.09%             | 2035-07-01      | Floating      | 7.36%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 3140JBE77<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    885055 | PA      | $915880.31    | 0.50%             | 2038-07-01      | Floating      | 6.94%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                             | Fannie Mae Trust 2003-W6                                     | CUSIP: 31393BW76<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    299137 | PA      | $293343.99    | 0.16%             | 2042-08-25      | Variable      | 4.76%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                     | CUSIP: 38380QDH2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    725453 | PA      | $719889.54    | 0.40%             | 2070-07-20      | Floating      | 4.93%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31385W7J2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     65355 | PA      | $68073.67     | 0.04%             | 2032-12-01      | Floating      | 8.09%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 3128NGBV6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    157633 | PA      | $161891.47    | 0.09%             | 2035-02-01      | Floating      | 6.74%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                           | CUSIP: 3137AWEQ4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    367398 | PA      | $357355.49    | 0.20%             | 2042-11-15      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 3128JR3Y0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     66035 | PA      | $67613.05     | 0.04%             | 2034-12-01      | Floating      | 6.70%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31300MM42<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    404391 | PA      | $416012.87    | 0.23%             | 2037-08-01      | Floating      | 7.06%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31407A7G0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      8578 | PA      | $8821.73      | 0.00%             | 2035-07-01      | Floating      | 7.35%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs. | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137FWHP8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    126530 | PA      | $126152.94    | 0.07%             | 2030-08-25      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| FHLMC Structured Pass Through Securities         | Freddie Mac Structured Pass-Through Certificates             | CUSIP: 31396HZN2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1639740 | PA      | $1566755.91   | 0.86%             | 2036-03-25      | Variable      | 4.08%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31300LZL2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    180333 | PA      | $185868.46    | 0.10%             | 2036-06-01      | Floating      | 6.49%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31415QLL8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     52850 | PA      | $54052.66     | 0.03%             | 2034-12-01      | Floating      | 6.99%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31404NFF8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     60819 | PA      | $61985.41     | 0.03%             | 2035-07-01      | Floating      | 7.02%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 3128JRGE0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    316040 | PA      | $323692.79    | 0.18%             | 2035-04-01      | Floating      | 6.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31342AUL1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    210742 | PA      | $214379.04    | 0.12%             | 2033-06-01      | Floating      | 6.52%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                           | CUSIP: 3137A06D2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    726407 | PA      | $716430.65    | 0.39%             | 2036-11-15      | Floating      | 4.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31385JC48<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     10288 | PA      | $10352.27     | 0.01%             | 2031-12-01      | Floating      | 6.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 3128S5S47<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    142588 | PA      | $145422.48    | 0.08%             | 2039-05-01      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31390RLF8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     19265 | PA      | $19243.77     | 0.01%             | 2033-01-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31346VH28<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     30168 | PA      | $29520.03     | 0.02%             | 2030-07-01      | Floating      | 4.24%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                             | Fannie Mae REMIC Trust 2003-W18                              | CUSIP: 31393UNV1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    891038 | PA      | $885966.16    | 0.49%             | 2043-06-25      | Variable      | 4.99%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31403CWP2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    166424 | PA      | $170315.18    | 0.09%             | 2035-09-01      | Floating      | 7.19%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31402BKZ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    171150 | PA      | $175095.51    | 0.10%             | 2033-08-01      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 3128Q4YT0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    111015 | PA      | $113251.12    | 0.06%             | 2033-09-01      | Floating      | 6.85%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 3128QLUB5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     79837 | PA      | $82226.86     | 0.05%             | 2034-07-01      | Floating      | 7.60%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs. | Freddie Mac Multifamily Structured Pass Through Certificates | CUSIP: 3137H4RC6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1937859 | PA      | $1930130.97   | 1.06%             | 2026-10-25      | Floating      | 4.55%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 3128JRSB3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    398063 | PA      | $406153.93    | 0.22%             | 2035-04-01      | Floating      | 7.05%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 3128S4MP9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    113058 | PA      | $113198.23    | 0.06%             | 2037-06-01      | Floating      | 6.66%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                            | CUSIP: 31398RSW6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    146178 | PA      | $145200.65    | 0.08%             | 2037-04-25      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31371L5S4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     87539 | PA      | $89793.72     | 0.05%             | 2035-01-01      | Floating      | 6.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31326NXF3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2086536 | PA      | $1937816.31   | 1.07%             | 2050-06-01      | Floating      | 2.62%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31401BX83<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     24818 | PA      | $25121.11     | 0.01%             | 2033-01-01      | Floating      | 6.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31402AG59<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     22905 | PA      | $23172.34     | 0.01%             | 2033-02-01      | Floating      | 7.28%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                           | CUSIP: 3137FDT93<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    913793 | PA      | $880813.64    | 0.49%             | 2048-02-15      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31410KQR8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    153909 | PA      | $157149.20    | 0.09%             | 2034-05-01      | Floating      | 6.72%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31406X2P6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    180788 | PA      | $185257.11    | 0.10%             | 2035-01-01      | Floating      | 6.71%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                     | CUSIP: 38375D4S4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    290244 | PA      | $291202.68    | 0.16%             | 2039-07-16      | Floating      | 5.39%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                           | CUSIP: 36225FDN6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     19708 | PA      | $20081.73     | 0.01%             | 2041-04-20      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| FannieMae Grantor Trust                          | Fannie Mae Grantor Trust 2001-T10                            | CUSIP: 3139216B9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    653176 | PA      | $665957.45    | 0.37%             | 2041-12-25      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31348STH7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      6624 | PA      | $6606.87      | 0.00%             | 2027-03-01      | Floating      | 6.49%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 3128HD3F4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     44123 | PA      | $45116.22     | 0.02%             | 2032-12-01      | Floating      | 7.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                            | CUSIP: 31392EST8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      8556 | PA      | $8538.60      | 0.00%             | 2032-09-25      | Floating      | 4.84%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 3138YAQ32<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     53221 | PA      | $54651.37     | 0.03%             | 2044-11-01      | Floating      | 6.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                            | CUSIP: 3136B2PR7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     98643 | PA      | $95550.50     | 0.05%             | 2047-09-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 3128QLPD7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     18564 | PA      | $19162.75     | 0.01%             | 2035-06-01      | Floating      | 6.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 3140JBE93<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    681788 | PA      | $694313.08    | 0.38%             | 2040-12-01      | Floating      | 6.87%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31407XWM9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     21859 | PA      | $22378.44     | 0.01%             | 2035-11-01      | Floating      | 6.41%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                     | CUSIP: 38374UTZ4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    860988 | PA      | $860836.86    | 0.47%             | 2039-05-16      | Floating      | 5.09%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31385XHN0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    121632 | PA      | $124992.00    | 0.07%             | 2033-04-01      | Floating      | 7.06%                 | No            |                  2 | On Loan: No      |
| Brazos Education Funding                         | Brazos Education Funding 2015-1 LLC                          | CUSIP: 10620XAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    371646 | PA      | $371548.31    | 0.20%             | 2056-10-25      | Floating      | 5.44%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 3138EJTQ1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    195622 | PA      | $199352.72    | 0.11%             | 2037-06-01      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                           | CUSIP: 3137FJG45<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    642356 | PA      | $620531.21    | 0.34%             | 2048-11-15      | Floating      | 4.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31405QY69<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    189543 | PA      | $194207.46    | 0.11%             | 2034-10-01      | Floating      | 7.53%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31416CBM7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     42782 | PA      | $43877.70     | 0.02%             | 2034-05-01      | Floating      | 7.36%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                           | CUSIP: 3137B93Q6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    496147 | PA      | $488045.26    | 0.27%             | 2044-01-15      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                            | CUSIP: 31392H2L6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    244043 | PA      | $243193.66    | 0.13%             | 2042-05-25      | Floating      | 4.66%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                     | CUSIP: 38380QUG5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1224444 | PA      | $1210523.07   | 0.67%             | 2070-11-20      | Floating      | 4.83%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31388GZD6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     81691 | PA      | $82055.64     | 0.05%             | 2031-12-01      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31411YST1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     88620 | PA      | $90088.71     | 0.05%             | 2037-05-01      | Floating      | 7.70%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 3128JMH91<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     60162 | PA      | $61424.10     | 0.03%             | 2035-04-01      | Floating      | 6.75%                 | No            |                  2 | On Loan: No      |
| FHLMC Structured Pass Through Securities         | Freddie Mac Structured Pass-Through Certificates             | CUSIP: 31396FQ22<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    648404 | PA      | $625720.55    | 0.34%             | 2036-01-25      | Variable      | 4.89%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31385HJE3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      5067 | PA      | $5024.27      | 0.00%             | 2036-12-01      | Floating      | 4.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                            | CUSIP: 3136ATAA2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    286926 | PA      | $284111.30    | 0.16%             | 2046-08-25      | Floating      | 4.93%                 | No            |                  2 | On Loan: No      |
| FannieMae Grantor Trust                          | Fannie Mae Grantor Trust 2002-T12                            | CUSIP: 31392D7G1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    610794 | PA      | $637681.09    | 0.35%             | 2042-05-25      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Freddiemac Strip                                 | Freddie Mac Strips                                           | CUSIP: 3132HTWL6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    687597 | PA      | $673288.14    | 0.37%             | 2043-11-15      | Floating      | 4.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31410QY39<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    251103 | PA      | $258566.39    | 0.14%             | 2035-05-01      | Floating      | 6.76%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                            | CUSIP: 31392ATW8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     19200 | PA      | $19210.50     | 0.01%             | 2031-12-18      | Floating      | 5.04%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31387UQ38<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      5469 | PA      | $5467.75      | 0.00%             | 2030-09-01      | Floating      | 7.29%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31404GNJ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    144244 | PA      | $145228.85    | 0.08%             | 2034-03-01      | Floating      | 5.83%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31295KL28<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     24163 | PA      | $24294.16     | 0.01%             | 2028-05-01      | Floating      | 7.51%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust              | New Residential Mortgage Loan Trust 2018-4                   | CUSIP: 64828FCS9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    603518 | PA      | $590864.76    | 0.33%             | 2048-01-25      | Floating      | 5.34%                 | No            |                  2 | On Loan: No      |
| Nelnet Student Loan Trust                        | Nelnet Student Loan Trust 2019-4                             | CUSIP: 64034TAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    348607 | PA      | $346523.32    | 0.19%             | 2067-09-26      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| FannieMae Grantor Trust                          | Fannie Mae Grantor Trust 2004-T1                             | CUSIP: 31393XFZ5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    566160 | PA      | $537967.02    | 0.30%             | 2043-08-25      | Variable      | 4.31%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 3138EQJE3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    166188 | PA      | $171193.97    | 0.09%             | 2045-08-01      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 3128NGFS9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     17944 | PA      | $18584.53     | 0.01%             | 2037-01-01      | Floating      | 6.61%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31362TKM4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      6261 | PA      | $6215.71      | 0.00%             | 2028-05-01      | Floating      | 5.08%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31404TAZ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     61090 | PA      | $62056.18     | 0.03%             | 2034-04-01      | Floating      | 6.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31348MVX2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      2256 | PA      | $2271.25      | 0.00%             | 2029-08-01      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31349HAQ0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     27955 | PA      | $28019.08     | 0.02%             | 2029-10-01      | Floating      | 7.02%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                             | Fannie Mae REMIC Trust 2001-W3                               | CUSIP: 3139216F0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    148260 | PA      | $148070.15    | 0.08%             | 2041-09-25      | Variable      | 4.51%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31418M6T4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     32687 | PA      | $32909.87     | 0.02%             | 2040-01-01      | Floating      | 6.84%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                            | CUSIP: 31396LPQ7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    762271 | PA      | $754944.74    | 0.42%             | 2036-11-25      | Floating      | 4.99%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31417JLM0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     68175 | PA      | $68986.80     | 0.04%             | 2038-07-01      | Floating      | 6.98%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31402RM97<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     18114 | PA      | $18269.51     | 0.01%             | 2033-05-01      | Floating      | 6.68%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 3128QGMM1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       515 | PA      | $521.99       | 0.00%             | 2037-02-01      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31387TZQ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     14994 | PA      | $15099.54     | 0.01%             | 2028-07-01      | Floating      | 7.31%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31295LBX9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      9084 | PA      | $9100.72      | 0.01%             | 2030-06-01      | Floating      | 6.64%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 3140JBE36<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1023800 | PA      | $1061473.33   | 0.59%             | 2038-11-01      | Floating      | 6.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31389YST9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     75861 | PA      | $76129.21     | 0.04%             | 2030-12-01      | Floating      | 6.94%                 | No            |                  2 | On Loan: No      |
| FannieMae Grantor Trust                          | Fannie Mae Grantor Trust 2002-T19                            | CUSIP: 31392GVT9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     80131 | PA      | $79257.86     | 0.04%             | 2042-03-25      | Variable      | 5.18%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31380H4M6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        21 | PA      | $20.84        | 0.00%             | 2028-07-01      | Floating      | 7.04%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31384LJT2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      9884 | PA      | $10041.02     | 0.01%             | 2029-01-01      | Floating      | 8.03%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 3128NHTY9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     98711 | PA      | $102126.03    | 0.06%             | 2036-12-01      | Floating      | 6.69%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31348UKK4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     17935 | PA      | $17907.67     | 0.01%             | 2031-05-01      | Floating      | 4.90%                 | No            |                  2 | On Loan: No      |
| FHLMC Structured Pass Through Securities         | Freddie Mac Structured Pass-Through Certificates             | CUSIP: 31392UZ80<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    694776 | PA      | $653598.44    | 0.36%             | 2033-07-25      | Variable      | 4.35%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                           | CUSIP: 31392MKM3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      8171 | PA      | $8161.33      | 0.00%             | 2028-04-15      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 3128NCR22<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      7279 | PA      | $7405.69      | 0.00%             | 2035-05-01      | Floating      | 6.87%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 3128JPER7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    106469 | PA      | $107680.63    | 0.06%             | 2035-06-01      | Floating      | 7.65%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 3128QHTU4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     16940 | PA      | $16939.80     | 0.01%             | 2037-05-01      | Floating      | 6.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31349SJC8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    101111 | PA      | $103124.59    | 0.06%             | 2033-12-01      | Floating      | 6.34%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                     | CUSIP: 38375X8F4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    476000 | PA      | $476218.90    | 0.26%             | 2038-08-20      | Floating      | 5.19%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31407VH65<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     37321 | PA      | $38260.17     | 0.02%             | 2035-08-01      | Floating      | 6.66%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                     | CUSIP: 38380QNU2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2226532 | PA      | $2208996.63   | 1.22%             | 2070-11-20      | Floating      | 4.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 3140JBE51<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    302726 | PA      | $308905.30    | 0.17%             | 2036-05-01      | Floating      | 6.51%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 3140JBE85<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    697795 | PA      | $718120.20    | 0.40%             | 2042-01-01      | Floating      | 7.17%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31407VFQ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    154478 | PA      | $158520.24    | 0.09%             | 2035-09-01      | Floating      | 7.21%                 | No            |                  2 | On Loan: No      |
| ECMC Group Student Loan Trust                    | ECMC Group Student Loan Trust 2018-2                         | CUSIP: 26829GAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100822 | PA      | $99701.93     | 0.05%             | 2068-09-25      | Floating      | 5.24%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31346VHH5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      1038 | PA      | $1017.64      | 0.00%             | 2030-01-01      | Floating      | 4.24%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                            | CUSIP: 31393DTB7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    427147 | PA      | $422672.32    | 0.23%             | 2043-01-25      | Floating      | 4.32%                 | No            |                  2 | On Loan: No      |
| CAL DIVE I-TITLE XI INC                          | Cal Dive I-Title XI Inc                                      | CUSIP: 12802RAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1215467 | PA      | $1215639.15   | 0.67%             | 2027-02-01      | Fixed         | 4.93%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31407MJZ9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     30697 | PA      | $31307.93     | 0.02%             | 2035-07-01      | Floating      | 6.35%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                           | CUSIP: 31393G5Y6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     93535 | PA      | $93650.67     | 0.05%             | 2032-12-15      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                           | CUSIP: 31396NDR4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    309560 | PA      | $305588.95    | 0.17%             | 2036-03-15      | Floating      | 4.80%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 3128LUMF0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     30981 | PA      | $31673.72     | 0.02%             | 2037-04-01      | Floating      | 6.93%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31388SWV3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      5660 | PA      | $5686.30      | 0.00%             | 2031-03-01      | Floating      | 6.37%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31349UKM9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    100221 | PA      | $102821.28    | 0.06%             | 2035-01-01      | Floating      | 6.65%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31403QTE0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     35169 | PA      | $35893.48     | 0.02%             | 2033-09-01      | Floating      | 6.73%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31384HDZ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     48196 | PA      | $48512.51     | 0.03%             | 2029-10-01      | Floating      | 7.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31376JES4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     61211 | PA      | $60086.14     | 0.03%             | 2036-01-01      | Floating      | 4.62%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                           | CUSIP: 3137BL2A5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    860085 | PA      | $837362.95    | 0.46%             | 2042-02-15      | Floating      | 4.80%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                     | CUSIP: 38375BLS9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    103201 | PA      | $103614.02    | 0.06%             | 2061-02-20      | Floating      | 4.92%                 | No            |                  2 | On Loan: No      |
| FannieMae Grantor Trust                          | Fannie Mae Grantor Trust 2001-T12                            | CUSIP: 31392A5P9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1142106 | PA      | $1145187.30   | 0.63%             | 2041-08-25      | Variable      | 5.19%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 3128HD5T2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     10697 | PA      | $10760.99     | 0.01%             | 2031-07-01      | Floating      | 7.53%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                     | CUSIP: 38380LCX9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    105966 | PA      | $106073.44    | 0.06%             | 2068-05-20      | Floating      | 4.73%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 3138EHVK5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     22683 | PA      | $23330.16     | 0.01%             | 2037-09-01      | Floating      | 7.29%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                            | CUSIP: 3136APAH5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    876760 | PA      | $866270.66    | 0.48%             | 2055-06-25      | Floating      | 4.76%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31385HHZ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       195 | PA      | $191.96       | 0.00%             | 2030-04-01      | Floating      | 4.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31409JRR3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     17752 | PA      | $18013.25     | 0.01%             | 2036-06-01      | Floating      | 7.31%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 3140JBFC5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    480543 | PA      | $495179.48    | 0.27%             | 2041-06-01      | Floating      | 6.80%                 | No            |                  2 | On Loan: No      |
| FHLMC Structured Pass Through Securities         | Freddie Mac Structured Pass-Through Certificates             | CUSIP: 31393NTB5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     21823 | PA      | $22181.38     | 0.01%             | 2043-03-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31407FYD6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     27027 | PA      | $27711.01     | 0.02%             | 2035-06-01      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31385XPF8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     20468 | PA      | $21317.41     | 0.01%             | 2033-07-01      | Floating      | 7.36%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                     | CUSIP: 38375USE1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    690033 | PA      | $691948.21    | 0.38%             | 2064-11-20      | Floating      | 4.91%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31419AJZ1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     69730 | PA      | $71127.34     | 0.04%             | 2038-11-01      | Floating      | 6.84%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                     | CUSIP: 38379AUZ1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    373105 | PA      | $4752.88      | 0.00%             | 2028-05-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                           | CUSIP: 3137A2C74<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    154492 | PA      | $153899.43    | 0.08%             | 2040-08-15      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31387UFB2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     66371 | PA      | $66349.70     | 0.04%             | 2029-02-01      | Floating      | 6.46%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 3140JBFB7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    437385 | PA      | $449690.25    | 0.25%             | 2035-09-01      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 3128NVMK5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      8598 | PA      | $8779.61      | 0.00%             | 2037-05-01      | Floating      | 7.17%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                           | CUSIP: 3137FHEB5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    247458 | PA      | $238185.57    | 0.13%             | 2048-07-15      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                            | CUSIP: 3136AMQU6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    533703 | PA      | $521046.63    | 0.29%             | 2045-02-25      | Floating      | 4.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                            | CUSIP: 3136AT6Z2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    169395 | PA      | $167816.59    | 0.09%             | 2046-11-25      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31406QAX5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    226776 | PA      | $228105.44    | 0.13%             | 2034-11-01      | Floating      | 6.13%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                           | CUSIP: 3137F4BX9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    760692 | PA      | $745203.53    | 0.41%             | 2044-07-15      | Floating      | 4.80%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31295LBZ4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      8618 | PA      | $8660.28      | 0.00%             | 2030-06-01      | Floating      | 6.73%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                           | CUSIP: 31339LTN0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     14195 | PA      | $14143.68     | 0.01%             | 2031-06-15      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31391FPF9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     14746 | PA      | $14846.26     | 0.01%             | 2028-09-01      | Floating      | 7.59%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31337NNR5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       716 | PA      | $710.31       | 0.00%             | 2029-11-01      | Floating      | 7.40%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31300MEX7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    216350 | PA      | $222381.50    | 0.12%             | 2038-04-01      | Floating      | 6.59%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 3128S5ZW7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     94789 | PA      | $98176.41     | 0.05%             | 2037-09-01      | Floating      | 6.85%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31349SUB7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     84816 | PA      | $86500.04     | 0.05%             | 2034-05-01      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31388BNU2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     70642 | PA      | $71267.57     | 0.04%             | 2031-08-01      | Floating      | 6.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31402RR27<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    105080 | PA      | $108315.03    | 0.06%             | 2035-09-01      | Floating      | 7.62%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31348S6S8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       332 | PA      | $331.87       | 0.00%             | 2028-01-01      | Floating      | 7.15%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31288QHT0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    664831 | PA      | $680057.72    | 0.37%             | 2034-02-01      | Floating      | 6.84%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31342A5K1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     32802 | PA      | $33626.19     | 0.02%             | 2033-09-01      | Floating      | 7.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31407BZK8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     84120 | PA      | $86172.63     | 0.05%             | 2035-07-01      | Floating      | 6.61%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                             | Fannie Mae REMIC Trust 2002-W1                               | CUSIP: 31392CMV3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    310555 | PA      | $297127.70    | 0.16%             | 2042-04-25      | Variable      | 3.69%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                           | CUSIP: 31397HB49<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    501798 | PA      | $493242.58    | 0.27%             | 2036-07-15      | Floating      | 4.67%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31300MEY5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    129131 | PA      | $130800.14    | 0.07%             | 2035-05-01      | Floating      | 6.78%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                            | CUSIP: 3136A6FE9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     14853 | PA      | $14879.06     | 0.01%             | 2027-05-25      | Floating      | 6.14%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                            | CUSIP: 31396X2W3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    212661 | PA      | $210980.99    | 0.12%             | 2037-12-25      | Floating      | 5.09%                 | No            |                  2 | On Loan: No      |
| FHLMC Structured Pass Through Securities         | Freddie Mac Structured Pass-Through Certificates             | CUSIP: 31395HHV5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1085946 | PA      | $991861.77    | 0.55%             | 2044-10-25      | Floating      | 5.70%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31416BPE2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    605953 | PA      | $624986.61    | 0.34%             | 2037-07-01      | Floating      | 7.07%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                           | CUSIP: 3133TTEV9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      2929 | PA      | $2929.52      | 0.00%             | 2027-04-15      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31385XLL9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    108147 | PA      | $109739.63    | 0.06%             | 2033-04-01      | Floating      | 6.94%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31416CBK1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    145248 | PA      | $148017.36    | 0.08%             | 2035-06-01      | Floating      | 6.34%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                           | CUSIP: 31397CFN4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    486158 | PA      | $479733.27    | 0.26%             | 2036-11-15      | Floating      | 4.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 3140K9GR4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    895337 | PA      | $864896.45    | 0.48%             | 2050-04-01      | Floating      | 2.51%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31401G5Y6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     28257 | PA      | $28415.72     | 0.02%             | 2032-01-01      | Floating      | 6.14%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities Trust              | GS Mortgage-Backed Securities Corp Trust 2020-PJ4            | CUSIP: 36259VAB9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    541306 | PA      | $463063.78    | 0.26%             | 2051-01-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31385WSP5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     10554 | PA      | $10566.11     | 0.01%             | 2029-08-01      | Floating      | 5.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                            | CUSIP: 3136B9CQ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2457567 | PA      | $2073043.11   | 1.14%             | 2050-03-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                             | Fannie Mae Trust 2004-W1                                     | CUSIP: 31393U4Q3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     84371 | PA      | $87755.89     | 0.05%             | 2033-12-25      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31288QFW5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    349684 | PA      | $348237.52    | 0.19%             | 2050-02-01      | Floating      | 3.11%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31295LB43<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     14361 | PA      | $14489.44     | 0.01%             | 2030-02-01      | Floating      | 6.73%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                           | CUSIP: 36200NYT2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     96143 | PA      | $95102.87     | 0.05%             | 2034-08-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 3140JA3J5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    596340 | PA      | $616866.84    | 0.34%             | 2043-07-01      | Floating      | 7.12%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                           | CUSIP: 3137BLAT5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    102570 | PA      | $101185.64    | 0.06%             | 2038-08-15      | Floating      | 4.82%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31385HJQ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     81760 | PA      | $80974.05     | 0.04%             | 2033-03-01      | Floating      | 4.88%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                             | Fannie Mae REMIC Trust 2003-W9                               | CUSIP: 31393B6U4<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |    630722 | PA      | $603475.68    | 0.33%             | 2033-06-25      | Floating      | 4.71%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                           | US 10YR NOTE (CBT)SEP25                                      | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |       -61 | NC      | $-12494.32    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| MFRA Trust                                       | MFA 2020-NQM3 Trust                                          | CUSIP: 552757AA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    152885 | PA      | $143921.48    | 0.08%             | 2065-01-26      | Variable      | 1.01%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31391D6C2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     15511 | PA      | $15491.99     | 0.01%             | 2031-08-01      | Floating      | 4.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31386M2H2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     69791 | PA      | $70205.81     | 0.04%             | 2030-09-01      | Floating      | 5.78%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                           | CUSIP: 3137AQMT2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    585738 | PA      | $577881.40    | 0.32%             | 2042-05-15      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31386M2K5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     98079 | PA      | $98250.72     | 0.05%             | 2030-09-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31376XXV5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      3709 | PA      | $3715.29      | 0.00%             | 2026-09-01      | Floating      | 7.40%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 3128JRCE4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    162774 | PA      | $163380.00    | 0.09%             | 2033-10-01      | Floating      | 7.01%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 3128S5SD7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    345946 | PA      | $356031.55    | 0.20%             | 2037-05-01      | Floating      | 6.57%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31391XER6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    259991 | PA      | $265380.64    | 0.15%             | 2040-06-01      | Floating      | 7.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31387A3P8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     18633 | PA      | $18752.17     | 0.01%             | 2031-08-01      | Floating      | 7.01%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31391XSR1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     58175 | PA      | $56657.03     | 0.03%             | 2035-01-01      | Floating      | 4.19%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31407YRJ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      7411 | PA      | $7566.74      | 0.00%             | 2035-11-01      | Floating      | 6.46%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31402Q4V0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     66425 | PA      | $65882.25     | 0.04%             | 2030-09-01      | Floating      | 4.99%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31336CNB5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     51300 | PA      | $52283.99     | 0.03%             | 2035-11-01      | Floating      | 7.07%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31387XCT0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      7380 | PA      | $7385.61      | 0.00%             | 2031-01-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                           | CUSIP: 36208AZP9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     15467 | PA      | $15451.49     | 0.01%             | 2058-05-20      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                           | CUSIP: 36208AZR5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      2571 | PA      | $2602.04      | 0.00%             | 2058-06-20      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31295KQ98<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      7794 | PA      | $7827.56      | 0.00%             | 2029-07-01      | Floating      | 7.34%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs. | CRBT Multifamily Housing Mortgage Loan Trust 2024-Q030       | CUSIP: 3137HHJQ5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1991561 | PA      | $1987869.86   | 1.10%             | 2044-01-25      | Floating      | 5.29%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31384VZE5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |         1 | PA      | $0.86         | 0.00%             | 2030-03-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                           | CUSIP: 3137A3L49<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    791301 | PA      | $779192.01    | 0.43%             | 2040-11-15      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                            | CUSIP: 31396PMC2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    436202 | PA      | $430381.22    | 0.24%             | 2037-02-25      | Floating      | 4.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31403DTE9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    123748 | PA      | $127698.52    | 0.07%             | 2034-04-01      | Floating      | 6.85%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31336SRY6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     93338 | PA      | $94782.43     | 0.05%             | 2033-06-01      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                            | CUSIP: 3136A2XF5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    159776 | PA      | $156483.70    | 0.09%             | 2041-12-25      | Floating      | 4.79%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31349ST37<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     33418 | PA      | $34081.49     | 0.02%             | 2034-04-01      | Floating      | 6.48%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 3128QPPM8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    103256 | PA      | $106211.50    | 0.06%             | 2036-10-01      | Floating      | 7.28%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                             | Fannie Mae REMIC Trust 2003-W4                               | CUSIP: 31393AR33<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    293475 | PA      | $289217.00    | 0.16%             | 2042-10-25      | Variable      | 4.29%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                     | CUSIP: 38376V4G9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    411784 | PA      | $410535.84    | 0.23%             | 2040-02-16      | Floating      | 5.16%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 3140JBE44<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    856194 | PA      | $882907.46    | 0.49%             | 2040-12-01      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31390RLU5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     17087 | PA      | $17094.38     | 0.01%             | 2033-05-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust              | New Residential Mortgage Loan Trust 2020-RPL1                | CUSIP: 64828XAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    135265 | PA      | $129136.56    | 0.07%             | 2059-11-25      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31402DRC6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    336470 | PA      | $338096.37    | 0.19%             | 2042-04-01      | Floating      | 5.82%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                           | CUSIP: 3137AMAF4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    346980 | PA      | $339781.82    | 0.19%             | 2042-02-15      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| FannieMae Grantor Trust                          | Fannie Mae Grantor Trust 2001-T12                            | CUSIP: 31392A5M6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     50387 | PA      | $50944.26     | 0.03%             | 2041-08-25      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 3140KKYW8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1841080 | PA      | $1691353.31   | 0.93%             | 2050-08-01      | Floating      | 2.23%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31363P4H0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2112 | PA      | $2105.02      | 0.00%             | 2029-11-01      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                           | CUSIP: 3137ANHM0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    139304 | PA      | $138918.37    | 0.08%             | 2041-03-15      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                     | CUSIP: 38381X3K0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    783481 | PA      | $761982.54    | 0.42%             | 2049-04-20      | Floating      | 4.89%                 | No            |                  2 | On Loan: No      |
| FHLMC Structured Pass Through Securities         | Freddie Mac Structured Pass-Through Certificates             | CUSIP: 313398VT3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    535031 | PA      | $532637.06    | 0.29%             | 2031-09-25      | Floating      | 4.72%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31347ALY8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    330476 | PA      | $341775.67    | 0.19%             | 2038-07-01      | Floating      | 7.04%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                                          | CUSIP: 91282CLS8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4325000 | PA      | $4330068.38   | 2.39%             | 2026-10-31      | Fixed         | 4.13%                 | No            |                  1 | On Loan: No      |
| FannieMae Grantor Trust                          | Fannie Mae Grantor Trust 2004-T3                             | CUSIP: 31393YV77<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    382380 | PA      | $383373.86    | 0.21%             | 2043-08-25      | Variable      | 5.12%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                             | Fannie Mae Trust 2006-W1                                     | CUSIP: 31395B5R0<br>LEI: 5493001NEANKKEPIN618 | Long             | ABS-MBS          | USGSE             | US        |    910230 | PA      | $908693.37    | 0.50%             | 2045-10-25      | Variable      | 5.32%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                             | Fannie Mae REMIC Trust 2002-W4                               | CUSIP: 31392DUC4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    541342 | PA      | $535672.68    | 0.30%             | 2042-05-25      | Variable      | 5.12%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31407BZN2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    110547 | PA      | $112860.46    | 0.06%             | 2035-07-01      | Floating      | 6.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31403GM33<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2161 | PA      | $2168.43      | 0.00%             | 2033-08-01      | Floating      | 6.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31406MER3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    246442 | PA      | $252611.12    | 0.14%             | 2035-01-01      | Floating      | 6.35%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                           | CUSIP: 36225C4B9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    530544 | PA      | $537500.58    | 0.30%             | 2034-01-20      | Floating      | 5.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                            | CUSIP: 31392AJW9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     29808 | PA      | $30124.03     | 0.02%             | 2041-10-25      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31300LTV7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     68748 | PA      | $70554.60     | 0.04%             | 2036-04-01      | Floating      | 6.71%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                            | CUSIP: 31398GUJ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    518983 | PA      | $519540.02    | 0.29%             | 2040-01-25      | Floating      | 5.19%                 | No            |                  2 | On Loan: No      |
| FannieMae Grantor Trust                          | Fannie Mae Grantor Trust 2002-T18                            | CUSIP: 31392GFS9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1305415 | PA      | $1312281.11   | 0.72%             | 2042-05-25      | Variable      | 4.99%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                             | Fannie Mae Trust 2005-W3                                     | CUSIP: 31394FSD8<br>LEI: 549300RF7M92JUSGM340 | Long             | ABS-MBS          | USGSE             | US        |    343916 | PA      | $337066.31    | 0.19%             | 2045-04-25      | Variable      | 4.89%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                           | CUSIP: 3137FHQM8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    842920 | PA      | $813164.18    | 0.45%             | 2048-10-15      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                           | CUSIP: 3137FPE50<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    766483 | PA      | $739568.95    | 0.41%             | 2049-10-25      | Floating      | 4.89%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                     | CUSIP: 38378H3R5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    931543 | PA      | $910205.59    | 0.50%             | 2042-10-20      | Floating      | 4.69%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 3140KEKX5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2240400 | PA      | $2065991.23   | 1.14%             | 2050-08-01      | Floating      | 2.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31402CX80<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    306977 | PA      | $310964.00    | 0.17%             | 2034-03-01      | Floating      | 6.96%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 3138EGJB1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    133030 | PA      | $136154.66    | 0.08%             | 2035-07-01      | Floating      | 7.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 3140JBFD3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    450206 | PA      | $465386.75    | 0.26%             | 2037-06-01      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31336RZA1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     59120 | PA      | $60084.44     | 0.03%             | 2032-03-01      | Floating      | 6.78%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                           | CUSIP: 3137BJG80<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    650542 | PA      | $640997.59    | 0.35%             | 2036-12-15      | Floating      | 4.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 3138EGLY8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    187439 | PA      | $193639.67    | 0.11%             | 2038-05-01      | Floating      | 7.69%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                   | Fannie Mae-Aces                                              | CUSIP: 3136B4KR8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1347664 | PA      | $1347307.10   | 0.74%             | 2031-05-25      | Floating      | 4.89%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                           | CUSIP: 31396JWT8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    266729 | PA      | $263647.81    | 0.15%             | 2036-04-15      | Floating      | 4.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31407A7K1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    152322 | PA      | $157627.43    | 0.09%             | 2035-07-01      | Floating      | 7.35%                 | No            |                  2 | On Loan: No      |
| FHLMC Structured Pass Through Securities         | Freddie Mac Structured Pass-Through Certificates             | CUSIP: 31393RG61<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    662883 | PA      | $667152.12    | 0.37%             | 2043-05-25      | Floating      | 5.44%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31370Q6L8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     24889 | PA      | $24605.65     | 0.01%             | 2033-03-01      | Floating      | 4.26%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31348ULT4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     33945 | PA      | $33931.78     | 0.02%             | 2032-05-01      | Floating      | 5.10%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                     | CUSIP: 38380YVU6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    202403 | PA      | $195536.27    | 0.11%             | 2048-09-20      | Floating      | 4.74%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                           | CUSIP: 31397G2S8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     32792 | PA      | $32279.96     | 0.02%             | 2037-03-15      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                            | CUSIP: 3136AKWD1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    321349 | PA      | $313586.65    | 0.17%             | 2044-08-25      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                            | CUSIP: 31393XZW0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    268158 | PA      | $266963.39    | 0.15%             | 2034-04-25      | Floating      | 4.84%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31389YED9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      3005 | PA      | $3006.00      | 0.00%             | 2027-03-01      | Floating      | 6.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 3128NHBQ5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    299686 | PA      | $310451.35    | 0.17%             | 2038-03-01      | Floating      | 7.01%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 3140EUJW0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    519048 | PA      | $536520.07    | 0.30%             | 2046-03-01      | Floating      | 6.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31416BPL6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    129861 | PA      | $132108.05    | 0.07%             | 2036-09-01      | Floating      | 7.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31388L4W7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     11768 | PA      | $11768.92     | 0.01%             | 2027-06-01      | Floating      | 6.70%                 | No            |                  2 | On Loan: No      |
| FHLMC Structured Pass Through Securities         | Freddie Mac Structured Pass-Through Certificates             | CUSIP: 31395M2F5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    977236 | PA      | $941110.22    | 0.52%             | 2045-02-25      | Floating      | 5.70%                 | No            |                  2 | On Loan: No      |
| Freddiemac Strip                                 | Freddie Mac Strips                                           | CUSIP: 31351DCT6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       163 | PA      | $163.41       | 0.00%             | 2029-07-01      | Floating      | 5.72%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                           | CUSIP: 3137BHYE1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    722624 | PA      | $709906.20    | 0.39%             | 2040-10-15      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                           | CUSIP: 31392MW81<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     20844 | PA      | $21004.39     | 0.01%             | 2032-03-15      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                           | CUSIP: 31397TCK6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    149885 | PA      | $152749.71    | 0.08%             | 2036-11-15      | Floating      | 7.22%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31387URF0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     10661 | PA      | $10816.46     | 0.01%             | 2030-12-01      | Floating      | 7.42%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 3138MBML7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     63634 | PA      | $65495.49     | 0.04%             | 2042-09-01      | Floating      | 7.29%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31391VB85<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     50930 | PA      | $52079.01     | 0.03%             | 2032-06-01      | Floating      | 6.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 3128HDGV5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       529 | PA      | $527.81       | 0.00%             | 2027-08-01      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                             | Fannie Mae Trust 2004-W15                                    | CUSIP: 31394B2D5<br>LEI: 549300KIT83OL5QXFU28 | Long             | ABS-MBS          | USGSE             | US        |   1668438 | PA      | $1654386.57   | 0.91%             | 2044-06-25      | Variable      | 5.02%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                             | Fannie Mae Trust 2004-W2                                     | CUSIP: 31393XGU5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     20026 | PA      | $20708.04     | 0.01%             | 2044-03-25      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                           | CUSIP: 3137FPBU8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    258684 | PA      | $249633.06    | 0.14%             | 2049-10-25      | Floating      | 4.89%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31336CM42<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     47147 | PA      | $48149.34     | 0.03%             | 2035-06-01      | Floating      | 7.23%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31371MB89<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    145380 | PA      | $148397.27    | 0.08%             | 2035-05-01      | Floating      | 6.75%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                           | US 10YR ULTRA FUT SEP25                                      | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |       -65 | NC      | $-12799.48    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31349UD54<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     23716 | PA      | $24013.39     | 0.01%             | 2034-11-01      | Floating      | 6.49%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                            | CUSIP: 3136B5K95<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    911138 | PA      | $888178.14    | 0.49%             | 2049-09-25      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31406PEL9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    111534 | PA      | $114535.17    | 0.06%             | 2035-06-01      | Floating      | 7.22%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31295KY24<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     18770 | PA      | $18873.13     | 0.01%             | 2029-11-01      | Floating      | 6.77%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31407PX94<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    239398 | PA      | $244496.01    | 0.13%             | 2035-10-01      | Floating      | 6.34%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                     | CUSIP: 38374T3U6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    779124 | PA      | $780221.44    | 0.43%             | 2038-09-20      | Floating      | 5.24%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31390RLN1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     16663 | PA      | $16644.22     | 0.01%             | 2033-05-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31391A3Q0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     40976 | PA      | $41441.74     | 0.02%             | 2032-06-01      | Floating      | 6.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 31401MUR0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     13176 | PA      | $13242.96     | 0.01%             | 2028-04-01      | Floating      | 6.57%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31349G3Z0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      3019 | PA      | $3011.46      | 0.00%             | 2028-05-01      | Floating      | 7.01%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 3128JR2L9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      7504 | PA      | $7461.79      | 0.00%             | 2031-07-01      | Floating      | 5.48%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                            | CUSIP: 3136ATY73<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    427725 | PA      | $419508.61    | 0.23%             | 2046-10-25      | Floating      | 4.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                              | CUSIP: 3140JR5Y3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    285144 | PA      | $289934.02    | 0.16%             | 2048-07-01      | Floating      | 6.56%                 | No            |                  2 | On Loan: No      |
| FannieMae Grantor Trust                          | Fannie Mae Grantor Trust 2003-T2                             | CUSIP: 31392JAT6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    443203 | PA      | $439097.98    | 0.24%             | 2033-03-25      | Floating      | 4.72%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                    | CUSIP: 31295M3K4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     21024 | PA      | $21336.51     | 0.01%             | 2031-09-01      | Floating      | 7.53%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-30

**Name of Applicant:** ALLSPRING FUNDS TRUST

**Signature:** Jeremy DePalma

**Name of Signer:** Jeremy DePalma

**Title:** Treasurer