# EDGAR Filing Document

**Accession Number:** 0000003794
**File Stem:** 0001410368-25-011547
**Filing Date:** 2025-9
**Character Count:** 205439
**Document Hash:** 2c220e33c3dc3d3087638eb4b1965c53
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-011547.hdr.sgml**: 20250925

**ACCESSION NUMBER**: 0001410368-25-011547

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250925

**DATE AS OF CHANGE**: 20250925

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AB BOND FUND, INC.
- **CENTRAL INDEX KEY:** 0000003794

**ORGANIZATION NAME:**
- **EIN:** 132754393
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-02383
- **FILM NUMBER:** 251344398

**BUSINESS ADDRESS:**
- **STREET 1:** ALLIANCEBERNSTEIN LP
- **STREET 2:** 66 HUDSON BOULEVARD EAST, 26TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10001
- **BUSINESS PHONE:** 2129691000

**MAIL ADDRESS:**
- **STREET 1:** ALLIANCEBERNSTEIN LP
- **STREET 2:** 66 HUDSON BOULEVARD EAST, 26TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10001

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ALLIANCEBERNSTEIN BOND FUND INC
- **DATE OF NAME CHANGE:** 20030319

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ALLIANCE BOND FUND INC
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### AB Bond Inflation Strategy (Series ID: S000027378)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000082621 | Class A       | ABNAX           |
| C000082622 | Class C       | ABNCX           |
| C000082623 | Advisor Class | ABNYX           |
| C000085359 | Class 1       | ABNOX           |
| C000085437 | Class I       | ANBIX           |
| C000085438 | Class 2       | ABNTX           |
| C000152483 | Class Z       | ABNZX           |

## Nport-Ex

**AB Bond Inflation Strategy** 

**Portfolio of Investments** 

**July 31, 2025 (unaudited)** 

---

| | | | |
|:---|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  **INFLATION-LINKED SECURITIES – 77.3%** |  |  |  |
|  **United States – 77.3%** |  |  |  |
|  U.S. Treasury Inflation Index<br>0.125%, 07/15/2026 (TIPS) | U.S.$| 29598 | $29366288 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.125%, 07/15/2030 (TIPS) |  | &nbsp;&nbsp;&nbsp;&nbsp;248810 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;233978601 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.125%, 07/15/2031 (TIPS) |  | 11954 | 11009940 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.25%, 07/15/2029 (TIPS) |  | 53403 | 51329196 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.375%, 01/15/2027 (TIPS) |  | 6965 | 6871274 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.375%, 07/15/2027 (TIPS) |  | 24753 | 24418396 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.625%, 07/15/2032 (TIPS) |  | 3196 | 2979989 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.375%, 07/15/2033 (TIPS)<sup>(a)</sup> |  | 45434 | 44039486 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.625%, 10/15/2027 (TIPS) |  | 98905 | 99978606 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.375%, 10/15/2028 (TIPS) |  | 54577 | 56560179 |
|  Total Inflation-Linked Securities<br>(cost $556,784,824) |  |  | 560531955 |
|  **CORPORATES - INVESTMENT GRADE – 10.0%** |  |  |  |
|  **Financial Institutions – 4.5%** |  |  |  |
|  **Banking – 3.8%** |  |  |  |
|  AIB Group PLC<br>5.32%, 05/15/2031<sup>(b)</sup> |  | 1035 | 1052471 |
|  Ally Financial, Inc.<br>5.737%, 05/15/2029 |  | 267 | 271924 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.992%, 06/13/2029 |  | 575 | 604423 |
|  American Express Co.<br>5.098%, 02/16/2028 |  | 987 | 995853 |
|  Banco Bilbao Vizcaya Argentaria SA<br>5.381%, 03/13/2029 |  | 200 | 205508 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.883%, 11/15/2034 |  | 200 | 228608 |
|  Banco Santander SA<br>6.35%, 03/14/2034 |  | 200 | 210050 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.921%, 08/08/2033 |  | 800 | 871472 |
|  Bank of Ireland Group PLC<br>5.601%, 03/20/2030<sup>(b)</sup> |  | 301 | 309934 |
|  Banque Federative du Credit Mutuel SA<br>4.591%, 10/16/2028<sup>(b)</sup> |  | 1075 | 1077978 |
|  Barclays PLC<br>5.335%, 09/10/2035 |  | 569 | 566235 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.674%, 03/12/2028 |  | 329 | 334251 |
|  BNP Paribas SA<br>4.625%, 02/25/2031<sup>(b) (c)</sup> |  | 489 | 439635 |
|  CaixaBank SA<br>6.037%, 06/15/2035<sup>(b)</sup> |  | 955 | 998156 |
|  Capital One Financial Corp.<br>6.377%, 06/08/2034 |  | 949 | 1011710 |
|  Capital One NA<br>5.974%, 08/09/2028 |  | 327 | 336055 |
|  Citigroup, Inc.<br>4.643%, 05/07/2028 |  | 1036 | 1036974 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.02%, 01/24/2036 |  | 85 | 87330 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series AA<br>7.625%, 11/15/2028<sup>(c)</sup> |  | 43 | 44897 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series Y<br>4.15%, 11/15/2026<sup>(c)</sup> |  | 480 | 467712 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  Credit Agricole SA<br>5.222%, 05/27/2031<sup>(b)</sup> | U.S.$| 329 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;334603 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.251%, 01/10/2035<sup>(b)</sup> |  | 677 | 703295 |
|  Danske Bank A/S<br>4.613%, 10/02/2030<sup>(b)</sup> |  | 419 | 417131 |
|  Deutsche Bank AG/New York NY<br>4.95%, 08/04/2031 |  | 291 | 291355 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.999%, 09/11/2030 |  | 261 | 263127 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.373%, 01/10/2029 |  | 258 | 262205 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.146%, 07/13/2027 |  | 233 | 238163 |
|  Goldman Sachs Group, Inc. (The)<br>Series V<br>4.125%, 11/10/2026<sup>(c)</sup> |  | 775 | 759027 |
|  HSBC Holdings PLC<br>7.399%, 11/13/2034 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1352 | 1511387 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.113%, 11/03/2033 |  | 591 | 684295 |
|  Intesa Sanpaolo SpA<br>7.20%, 11/28/2033<sup>(b)</sup> |  | 357 | 401507 |
|  Lloyds Banking Group PLC<br>4.818%, 06/13/2029 |  | 1036 | 1042164 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.50%, 09/29/2025<sup>(c)</sup> |  | 1010 | 1011828 |
|  Mizuho Financial Group, Inc.<br>5.376%, 05/26/2030 |  | 344 | 352136 |
|  NatWest Group PLC<br>3.032%, 11/28/2035 |  | 270 | 243394 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.115%, 05/23/2031 |  | 794 | 806021 |
|  Santander Holdings USA, Inc.<br>5.473%, 03/20/2029 |  | 14 | 14238 |
|  Santander UK Group Holdings PLC<br>4.858%, 09/11/2030 |  | 517 | 517072 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.694%, 04/15/2031 |  | 223 | 230656 |
|  Societe Generale SA<br>5.249%, 05/22/2029<sup>(b)</sup> |  | 542 | 547892 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.519%, 01/19/2028<sup>(b)</sup> |  | 812 | 819958 |
|  Standard Chartered PLC<br>5.244%, 05/13/2031<sup>(b)</sup> |  | 332 | 336924 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.545%, 01/21/2029<sup>(b)</sup> |  | 314 | 320280 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.082% (CME Term SOFR 3 Month + 1.77%), 01/30/2027<sup>(b) (c) (d)</sup> |  | 400 | 381364 |
|  Sumitomo Mitsui Trust Bank Ltd.<br>4.45%, 09/10/2027<sup>(b)</sup> |  | 236 | 235979 |
|  Svenska Handelsbanken AB<br>4.75%, 03/01/2031<sup>(b) (c)</sup> |  | 1400 | 1303750 |
|  Synchrony Financial<br>5.45%, 03/06/2031 |  | 321 | 323231 |
|  Toronto-Dominion Bank (The)<br>5.146%, 09/10/2034 |  | 317 | 318690 |
|  UBS Group AG<br>4.194%, 04/01/2031<sup>(b)</sup> |  | 614 | 600240 |
|  UniCredit SpA<br>1.982%, 06/03/2027<sup>(b)</sup> |  | 204 | 199481 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.569%, 09/22/2026<sup>(b)</sup> |  | 1071 | 1067776 |
|  |  |  | 27690345 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  **Brokerage – 0.2%** |  |  |  |
|  Charles Schwab Corp. (The)<br>Series I<br>4.00%, 06/01/2026<sup>(c)</sup> | U.S.$| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1366 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1345209 |
|  **Finance – 0.1%** |  |  |  |
|  Aviation Capital Group LLC<br>4.125%, 08/01/2025<sup>(b)</sup> |  | 7 | 7000 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 04/14/2027<sup>(b)</sup> |  | 202 | 202020 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 10/01/2025<sup>(b)</sup> |  | 246 | 245821 |
|  |  |  | 454841 |
|  **Insurance – 0.2%** |  |  |  |
|  Athene Global Funding<br>1.985%, 08/19/2028<sup>(b)</sup> |  | 308 | 285679 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.55%, 11/19/2030<sup>(b)</sup> |  | 65 | 57581 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.717%, 01/07/2029<sup>(b)</sup> |  | 117 | 109100 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.033%, 07/17/2030<sup>(b)</sup> |  | 394 | 396581 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.526%, 07/11/2031<sup>(b)</sup> |  | 22 | 22418 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.583%, 01/09/2029<sup>(b)</sup> |  | 49 | 50379 |
|  Principal Life Global Funding II<br>5.10%, 01/25/2029<sup>(b)</sup> |  | 639 | 651160 |
|  |  |  | 1572898 |
|  **REITs – 0.2%** |  |  |  |
|  American Tower Corp.<br>5.20%, 02/15/2029 |  | 432 | 440683 |
|  GLP Capital LP/GLP Financing II, Inc.<br>3.25%, 01/15/2032 |  | 949 | 839761 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 01/15/2031 |  | 414 | 390195 |
|  Omega Healthcare Investors, Inc.<br>5.20%, 07/01/2030 |  | 181 | 181545 |
|  |  |  | 1852184 |
|  |  |  | 32915477 |
|  **Industrial – 4.2%** |  |  |  |
|  **Basic – 0.2%** |  |  |  |
|  Glencore Funding LLC<br>4.907%, 04/01/2028<sup>(b)</sup> |  | 206 | 207969 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.186%, 04/01/2030<sup>(b)</sup> |  | 89 | 90472 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.338%, 04/04/2027<sup>(b)</sup> |  | 111 | 112299 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 10/06/2033<sup>(b)</sup> |  | 543 | 587966 |
|  OCP SA<br>6.10%, 04/30/2030<sup>(b)</sup> |  | 555 | 563964 |
|  |  |  | 1562670 |
|  **Capital Goods – 0.3%** |  |  |  |
|  Boeing Co. (The)<br>3.25%, 02/01/2028 |  | 454 | 439581 |
|  Republic Services, Inc.<br>4.75%, 07/15/2030 |  | 1022 | 1037453 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  Westinghouse Air Brake Technologies Corp.<br>4.90%, 05/29/2030 | U.S.$| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1035 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1046395 |
|  |  |  | 2523429 |
|  **Communications - Media – 0.1%** |  |  |  |
|  Prosus NV<br>3.257%, 01/19/2027<sup>(b)</sup> |  | 593 | 580215 |
|  **Communications - Telecommunications – 0.1%** |  |  |  |
|  TELUS Corp.<br>7.00%, 10/15/2055 |  | 681 | 691358 |
|  **Consumer Cyclical - Automotive – 0.7%** |  |  |  |
|  Ford Motor Co.<br>3.25%, 02/12/2032 |  | 532 | 450822 |
|  Ford Motor Credit Co. LLC<br>6.125%, 03/08/2034 |  | 511 | 499022 |
|  Harley-Davidson Financial Services, Inc.<br>3.05%, 02/14/2027<sup>(b)</sup> |  | 1879 | 1831405 |
|  Honda Motor Co., Ltd.<br>4.436%, 07/08/2028 |  | 1071 | 1069693 |
|  Hyundai Capital America<br>5.25%, 01/08/2027<sup>(b)</sup> |  | 252 | 253998 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.275%, 06/24/2027<sup>(b)</sup> |  | 151 | 152412 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.10%, 09/21/2028<sup>(b)</sup> |  | 486 | 504697 |
|  |  |  | 4762049 |
|  **Consumer Cyclical - Other – 0.2%** |  |  |  |
|  Flutter Treasury DAC<br>5.875%, 06/04/2031<sup>(b)</sup> |  | 483 | 486763 |
|  Las Vegas Sands Corp.<br>5.625%, 06/15/2028 |  | 467 | 474369 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 06/14/2030 |  | 358 | 368446 |
|  Marriott International, Inc./MD<br>5.50%, 04/15/2037 |  | 64 | 63920 |
|  |  |  | 1393498 |
|  **Consumer Non-Cyclical – 0.8%** |  |  |  |
|  Cargill, Inc.<br>5.125%, 10/11/2032<sup>(b)</sup> |  | 632 | 646018 |
|  Cencosud SA<br>5.95%, 05/28/2031<sup>(b)</sup> |  | 308 | 316454 |
|  Imperial Brands Finance PLC<br>3.875%, 07/26/2029<sup>(b)</sup> |  | 208 | 201309 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 06/30/2028<sup>(b)</sup> |  | 378 | 377304 |
|  Ochsner LSU Health System of North Louisiana<br>Series 2021<br>2.51%, 05/15/2031 |  | 1190 | 978180 |
|  Philip Morris International, Inc.<br>4.375%, 04/30/2030 |  | 1032 | 1024652 |
|  Roche Holdings, Inc.<br>4.203%, 09/09/2029<sup>(b)</sup> |  | 914 | 910737 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  Takeda US Financing, Inc.<br>5.20%, 07/07/2035 | U.S.$| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1075 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1071356 |
|  Viatris, Inc.<br>2.70%, 06/22/2030 |  | 517 | 458388 |
|  |  |  | 5984398 |
|  **Energy – 1.3%** |  |  |  |
|  Continental Resources, Inc./OK<br>2.875%, 04/01/2032<sup>(b)</sup> |  | 1803 | 1524815 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 01/15/2031<sup>(b)</sup> |  | 796 | 800115 |
|  Devon Energy Corp.<br>5.20%, 09/15/2034 |  | 911 | 884545 |
|  Eni SpA<br>5.75%, 05/19/2035<sup>(b)</sup> |  | 1033 | 1052772 |
|  Occidental Petroleum Corp.<br>5.20%, 08/01/2029 |  | 283 | 283798 |
|  Raizen Fuels Finance SA<br>6.70%, 02/25/2037<sup>(b)</sup> |  | 975 | 948480 |
|  Targa Resources Corp.<br>4.90%, 09/15/2030 |  | 192 | 192970 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.65%, 02/15/2036 |  | 211 | 212142 |
|  Var Energi ASA<br>7.50%, 01/15/2028<sup>(b)</sup> |  | 867 | 917251 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.00%, 11/15/2032<sup>(b)</sup> |  | 680 | 772670 |
|  Williams Cos., Inc. (The)<br>4.625%, 06/30/2030 |  | 1075 | 1070872 |
|  Woodside Finance Ltd.<br>5.40%, 05/19/2030 |  | 152 | 154181 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 05/19/2035 |  | 397 | 405460 |
|  |  |  | 9220071 |
|  **Services – 0.1%** |  |  |  |
|  Mastercard, Inc.<br>4.55%, 01/15/2035 |  | 656 | 640518 |
|  **Technology – 0.3%** |  |  |  |
|  Broadcom, Inc.<br>4.15%, 02/15/2028 |  | 138 | 137224 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 07/15/2032 |  | 259 | 260078 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 07/12/2027 |  | 346 | 350173 |
|  Oracle Corp.<br>5.50%, 08/03/2035 |  | 825 | 836360 |
|  TSMC Arizona Corp.<br>3.875%, 04/22/2027 |  | 1009 | 1000393 |
|  |  |  | 2584228 |
|  **Transportation - Airlines – 0.0%** |  |  |  |
|  AS Mileage Plan IP Ltd.<br>5.021%, 10/20/2029<sup>(b)</sup> |  | 114 | 113153 |
|  **Transportation - Railroads – 0.1%** |  |  |  |
|  Lima Metro Line 2 Finance Ltd.<br>4.35%, 04/05/2036<sup>(b)</sup> |  | 188 | 176793 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 07/05/2034<sup>(b)</sup> |  | 234 | 237465 |
|  |  |  | 414258 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  **Transportation - Services – 0.0%** |  |  |  |
|  ENA Master Trust<br>4.00%, 05/19/2048<sup>(b)</sup> | U.S.$| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;303 | $216684 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30686529 |
|  **Utility – 1.3%** |  |  |  |
|  **Electric – 1.3%** |  |  |  |
|  AES Panama Generation Holdings SRL<br>4.375%, 05/31/2030<sup>(b)</sup> |  | 337 | 306169 |
|  Alexander Funding Trust II<br>7.467%, 07/31/2028<sup>(b)</sup> |  | 656 | 698365 |
|  American Electric Power Co., Inc.<br>6.95%, 12/15/2054 |  | 565 | 596521 |
|  CenterPoint Energy Houston Electric LLC<br>4.95%, 04/01/2033 |  | 79 | 79305 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 03/01/2035 |  | 892 | 887058 |
|  Duke Energy Carolinas NC Storm Funding LLC<br>Series A-2<br>2.617%, 07/01/2043 |  | 1183 | 921403 |
|  Electricite de France SA<br>9.125%, 03/15/2033<sup>(b) (c)</sup> |  | 415 | 476462 |
|  Engie Energia Chile SA<br>3.40%, 01/28/2030<sup>(b)</sup> |  | 551 | 512259 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 04/17/2034<sup>(b)</sup> |  | 240 | 251520 |
|  FIEMEX Energia - Banco Actinver SA Institucion de Banca Multiple<br>7.25%, 01/31/2041<sup>(b)</sup> |  | 394 | 403092 |
|  Israel Electric Corp., Ltd.<br>Series G<br>4.25%, 08/14/2028<sup>(b)</sup> |  | 503 | 490375 |
|  Kallpa Generacion SA<br>5.875%, 01/30/2032<sup>(b)</sup> |  | 407 | 417651 |
|  LG Energy Solution Ltd.<br>5.375%, 04/02/2030<sup>(b)</sup> |  | 1712 | 1735146 |
|  Niagara Mohawk Power Corp.<br>4.647%, 10/03/2030<sup>(b)</sup> |  | 1077 | 1070280 |
|  Pacific Gas & Electric Co.<br>5.55%, 05/15/2029 |  | 151 | 153895 |
|  Vistra Operations Co. LLC<br>6.95%, 10/15/2033<sup>(b)</sup> |  | 272 | 299216 |
|  |  |  | 9298717 |
|  Total Corporates - Investment Grade<br>(cost $72,526,270) |  |  | 72900723 |
|  **ASSET-BACKED SECURITIES – 6.5%** |  |  |  |
|  **Autos - Fixed Rate – 3.6%** |  |  |  |
|  ACM Auto Trust<br>Series 2024-2A, Class A<br>6.06%, 02/20/2029<sup>(b)</sup> |  | 549 | 549860 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-2A, Class A<br>5.55%, 06/20/2028<sup>(b)</sup> |  | 1514 | 1515039 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  Arivo Acceptance Auto Loan Receivables Trust<br>Series 2024-1A, Class A<br>6.46%, 04/17/2028<sup>(b)</sup> | U.S.$| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94079 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-1A, Class A2<br>4.92%, 05/15/2029<sup>(b)</sup> |  | 906 | 905939 |
|  AutoNation Finance Trust<br>Series 2025-1A, Class A2<br>4.72%, 04/10/2028<sup>(b)</sup> |  | 1719 | 1720553 |
|  Avis Budget Rental Car Funding AESOP LLC<br>Series 2023-3A, Class A<br>5.44%, 02/22/2028<sup>(b)</sup> |  | 1294 | 1305879 |
|  Carvana Auto Receivables Trust<br>Series 2021-N3, Class C<br>1.02%, 06/12/2028 |  | 79 | 76546 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-N4, Class D<br>2.30%, 09/11/2028 |  | 174 | 169728 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-P4, Class D<br>2.61%, 09/11/2028 |  | 1206 | 1146707 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-P4, Class A2<br>4.62%, 02/10/2028 |  | 546 | 546267 |
|  CPS Auto Receivables Trust<br>Series 2021-C, Class D<br>1.69%, 06/15/2027<sup>(b)</sup> |  | 251 | 249827 |
|  Flagship Credit Auto Trust<br>Series 2024-3, Class A<br>4.88%, 11/15/2028<sup>(b)</sup> |  | 384 | 384030 |
|  Ford Credit Auto Owner Trust<br>Series 2021-1, Class D<br>2.31%, 10/17/2033<sup>(b)</sup> |  | 1000 | 977994 |
|  GLS Auto Receivables Issuer Trust<br>Series 2024-3A, Class A2<br>5.35%, 08/16/2027<sup>(b)</sup> |  | 423 | 423786 |
|  LAD Auto Receivables Trust<br>Series 2022-1A, Class A<br>5.21%, 06/15/2027<sup>(b)</sup> |  | 94 | 94392 |
|  Lendbuzz Securitization Trust<br>Series 2023-2A, Class A2<br>7.09%, 10/16/2028<sup>(b)</sup> |  | 446 | 453221 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-1A, Class A2<br>5.10%, 10/15/2030<sup>(b)</sup> |  | 1419 | 1422885 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-2A, Class A2<br>5.18%, 05/15/2030<sup>(b)</sup> |  | 1120 | 1121799 |
|  Lobel Automobile Receivables Trust<br>Series 2025-1, Class A<br>5.06%, 11/15/2027<sup>(b)</sup> |  | 1139 | 1139389 |
|  OCCU Auto Receivables Trust<br>Series 2025-1A, Class A2<br>4.82%, 04/17/2028<sup>(b)</sup> |  | 1669 | 1668938 |
|  Octane Receivables Trust<br>Series 2021-2A, Class B<br>2.02%, 09/20/2028<sup>(b)</sup> |  | 1052 | 1044227 |
|  Prestige Auto Receivables Trust<br>Series 2025-1A, Class A2<br>4.87%, 12/15/2027<sup>(b)</sup> |  | 1380 | 1380324 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  Research-Driven Pagaya Motor Asset Trust<br>Series 2025-4A, Class A2<br>5.124%, 04/25/2034<sup>(b)</sup> | U.S.$| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1821 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1822747 |
|  Research-Driven Pagaya Motor Asset Trust VII<br>Series 2022-3A, Class A<br>5.38%, 11/25/2030<sup>(b)</sup> |  | 164 | 163783 |
|  Research-Driven Pagaya Motor Trust<br>Series 2024-1A, Class A<br>7.09%, 06/25/2032<sup>(b)</sup> |  | 344 | 346985 |
|  Santander Drive Auto Receivables Trust<br>Series 2024-4, Class A2<br>5.41%, 07/15/2027 |  | 243 | 243403 |
|  SBNA Auto Receivables Trust<br>Series 2025-SF1, Class B<br>5.12%, 03/17/2031<sup>(b)</sup> |  | 307 | 307183 |
|  Tesla Auto Lease Trust<br>Series 2024-A, Class A3<br>5.30%, 06/21/2027<sup>(b)</sup> |  | 517 | 518154 |
|  Tricolor Auto Securitization Trust<br>Series 2024-2A, Class A<br>6.36%, 12/15/2027<sup>(b)</sup> |  | 127 | 127058 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-1A, Class A<br>4.94%, 02/15/2029<sup>(b)</sup> |  | 1133 | 1133431 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-2A, Class A<br>5.12%, 01/16/2029<sup>(b)</sup> |  | 1645 | 1645938 |
|  United Auto Credit Securitization Trust<br>Series 2025-1, Class A<br>4.80%, 06/10/2027<sup>(b)</sup> |  | 1050 | 1049695 |
|  |  |  | 25749786 |
|  **Other ABS - Fixed Rate – 2.3%** |  |  |  |
|  AB Issuer LLC<br>Series 2021-1, Class A2<br>3.734%, 07/30/2051<sup>(b)</sup> |  | 1394 | 1306239 |
|  Affirm Asset Securitization Trust<br>Series 2024-X1, Class A<br>6.27%, 05/15/2029<sup>(b)</sup> |  | 24 | 23542 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-X1, Class A<br>5.08%, 04/15/2030<sup>(b)</sup> |  | 1144 | 1145051 |
|  Amur Equipment Finance Receivables XI LLC<br>Series 2022-2A, Class A2<br>5.30%, 06/21/2028<sup>(b)</sup> |  | 185 | 184853 |
|  BHG Securitization Trust<br>Series 2022-A, Class D<br>3.56%, 02/20/2035<sup>(b)</sup> |  | 1350 | 1294547 |
|  Cajun Global LLC<br>Series 2021-1, Class A2<br>3.931%, 11/20/2051<sup>(b)</sup> |  | 448 | 438606 |
|  College Ave Student Loans LLC<br>Series 2021-C, Class B<br>2.72%, 07/26/2055<sup>(b)</sup> |  | 423 | 383812 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  Dext ABS LLC<br>Series 2023-1, Class A2<br>5.99%, 03/15/2032<sup>(b)</sup> | U.S.$| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;679 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;680534 |
|  Diamond Issuer LLC<br>Series 2021-1A, Class A<br>2.305%, 11/20/2051<sup>(b)</sup> |  | 2152 | 2026413 |
|  Equify ABS LLC<br>Series 2024-1A, Class A<br>5.43%, 04/18/2033<sup>(b)</sup> |  | 604 | 603684 |
|  GCI Funding I LLC<br>Series 2021-1, Class A<br>2.38%, 06/18/2046<sup>(b)</sup> |  | 369 | 338020 |
|  Marlette Funding Trust<br>Series 2024-1A, Class A<br>5.95%, 07/17/2034<sup>(b)</sup> |  | 54 | 54321 |
|  MVW LLC<br>Series 2021-2A, Class B<br>1.83%, 05/20/2039<sup>(b)</sup> |  | 334 | 316158 |
|  Neighborly Issuer LLC<br>Series 2022-1A, Class A2<br>3.695%, 01/30/2052<sup>(b)</sup> |  | 1607 | 1485758 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023-1A, Class A2<br>7.308%, 01/30/2053<sup>(b)</sup> |  | 1921 | 1953950 |
|  Nelnet Student Loan Trust<br>Series 2021-CA, Class B<br>2.53%, 04/20/2062<sup>(b)</sup> |  | 758 | 656586 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-DA, Class B<br>2.90%, 04/20/2062<sup>(b)</sup> |  | 793 | 702979 |
|  NMEF Funding LLC<br>Series 2022-B, Class A2<br>6.07%, 06/15/2029<sup>(b)</sup> |  | 98 | 98606 |
|  Oportun Funding Trust<br>Series 2024-3, Class A<br>5.26%, 08/15/2029<sup>(b)</sup> |  | 397 | 396669 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-1, Class A<br>4.96%, 08/16/2032<sup>(b)</sup> |  | 677 | 675952 |
|  Pagaya AI Debt Grantor Trust<br>Series 2024-5, Class A<br>6.278%, 10/15/2031<sup>(b)</sup> |  | 307 | 309917 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-3, Class A2<br>5.365%, 12/15/2032<sup>(b)</sup> |  | 433 | 435108 |
|  Pagaya AI Debt Trust<br>Series 2024-2, Class A<br>6.319%, 08/15/2031<sup>(b)</sup> |  | 277 | 278457 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-3, Class A<br>6.258%, 10/15/2031<sup>(b)</sup> |  | 329 | 330364 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-4, Class A2<br>5.373%, 01/17/2033<sup>(b)</sup> |  | 277 | 277867 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  Pagaya Point of Sale Holdings Grantor Trust<br>Series 2025-1, Class A<br>5.715%, 01/20/2034<sup>(b)</sup> | U.S.$| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;565 | $567625 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16965618 |
|  **Credit Cards - Fixed Rate – 0.5%** |  |  |  |
|  Brex Commercial Charge Card Master Trust<br>Series 2024-1, Class A1<br>6.05%, 07/15/2027<sup>(b)</sup> |  | 987 | 993060 |
|  Mission Lane Credit Card Master Trust<br>Series 2024-B, Class A<br>5.88%, 01/15/2030<sup>(b)</sup> |  | 1624 | 1632412 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-A, Class A<br>5.80%, 05/15/2030<sup>(b)</sup> |  | 1308 | 1318076 |
|  |  |  | 3943548 |
|  **Other ABS - Floating Rate – 0.1%** |  |  |  |
|  Pagaya AI Debt Grantor Trust<br>Series 2025-1, Class A<br>5.038%, 07/15/2032<sup>(b)</sup> |  | 801 | 801162 |
|  Total Asset-Backed Securities<br>(cost $48,086,660) |  |  | 47460114 |
|  **COLLATERALIZED MORTGAGE OBLIGATIONS – 3.8%** |  |  |  |
|  **Risk Share Floating Rate – 3.7%** |  |  |  |
|  Bellemeade Re Ltd.<br>Series 2022-1, Class M1B<br>6.50% (CME Term SOFR + 2.15%), 01/26/2032<sup>(b) (d)</sup> |  | 360 | 361531 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-2, Class M1A<br>8.35% (CME Term SOFR + 4.00%), 09/27/2032<sup>(b) (d)</sup> |  | 505 | 507746 |
|  Connecticut Avenue Securities Trust<br>Series 2021-R02, Class 2M2<br>6.35% (CME Term SOFR + 2.00%), 11/25/2041<sup>(b) (d)</sup> |  | 1188 | 1197547 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-R01, Class 1M2<br>6.25% (CME Term SOFR + 1.90%), 12/25/2041<sup>(b) (d)</sup> |  | 2899 | 2930266 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-R03, Class 1M2<br>7.85% (CME Term SOFR + 3.50%), 03/25/2042<sup>(b) (d)</sup> |  | 2283 | 2364872 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-R04, Class 1M2<br>7.45% (CME Term SOFR + 3.10%), 03/25/2042<sup>(b) (d)</sup> |  | 573 | 590691 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023-R02, Class 1M1<br>6.65% (CME Term SOFR + 2.30%), 01/25/2043<sup>(b) (d)</sup> |  | 709 | 724801 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-R03, Class 2M1<br>5.95% (CME Term SOFR + 1.60%), 03/25/2045<sup>(b) (d)</sup> |  | 1252 | 1259276 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-R04, Class 1A1<br>5.35% (CME Term SOFR + 1.00%), 05/25/2045<sup>(b) (d)</sup> | U.S.$| 495 | $494593 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-R04, Class 1M1<br>5.55% (CME Term SOFR + 1.20%), 05/25/2045<sup>(b) (d)</sup> |  | 810 | 811841 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-R05, Class 2M1<br>5.519% (CME Term SOFR + 1.20%), 07/25/2045<sup>(b) (d)</sup> |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1830 | 1830184 |
|  Federal Home Loan Mortgage Corp. Structured Agency Credit Risk Debt Notes<br>Series 2015-HQA2, Class M3<br>9.264% (CME Term SOFR + 4.91%), 05/25/2028<sup>(d)</sup> |  | 44 | 44463 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-DNA5, Class M2<br>6.00% (CME Term SOFR + 1.65%), 01/25/2034<sup>(b) (d)</sup> |  | 187 | 187910 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-DNA6, Class M2<br>5.85% (CME Term SOFR + 1.50%), 10/25/2041<sup>(b) (d)</sup> |  | 2299 | 2309376 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-HQA4, Class M2<br>6.70% (CME Term SOFR + 2.35%), 12/25/2041<sup>(b) (d)</sup> |  | 1765 | 1791131 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-DNA3, Class M1B<br>7.25% (CME Term SOFR + 2.90%), 04/25/2042<sup>(b) (d)</sup> |  | 1069 | 1100822 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-DNA4, Class M1B<br>7.70% (CME Term SOFR + 3.35%), 05/25/2042<sup>(b) (d)</sup> |  | 2051 | 2133406 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-DNA5, Class M1B<br>8.85% (CME Term SOFR + 4.50%), 06/25/2042<sup>(b) (d)</sup> |  | 3681 | 3909640 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-DNA1, Class M1<br>5.70% (CME Term SOFR + 1.35%), 02/25/2044<sup>(b) (d)</sup> |  | 754 | 756771 |
|  Federal Home Loan Mortgage Corp. Structured Agency Credit Risk Debt Notes 2025-DNA2<br>Series 2025-DNA2, Class A1<br>5.45% (CME Term SOFR + 1.10%), 05/25/2045<sup>(b) (d)</sup> |  | 478 | 478083 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-DNA2, Class M1<br>5.55% (CME Term SOFR + 1.20%), 05/25/2045<sup>(b) (d)</sup> |  | 501 | 502049 |
|  Federal National Mortgage Association Connecticut Avenue Securities<br>Series 2015-C04, Class 1M2<br>10.164% (CME Term SOFR + 5.81%), 04/25/2028<sup>(d)</sup> |  | 245 | 248308 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26535307 |
|  **Agency Floating Rate – 0.1%** |  |  |  |
|  Federal Home Loan Mortgage Corp. REMICS<br>Series 3955, Class SD<br>2.146% (6.49% - CME Term SOFR), 11/15/2041<sup>(d) (e)</sup> |  | 1300 | 134745 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 4693, Class SL<br>1.696% (6.04% - CME Term SOFR), 06/15/2047<sup>(d) (e)</sup> | U.S.$| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;857 | $95856 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 4954, Class SL<br>1.586% (5.94% - CME Term SOFR), 02/25/2050<sup>(d) (e)</sup> |  | 998 | 110753 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 4981, Class HS<br>1.636% (5.99% - CME Term SOFR), 06/25/2050<sup>(d) (e)</sup> |  | 2085 | 219538 |
|  Federal National Mortgage Association REMICS<br>Series 2014-78, Class SE<br>1.636% (5.99% - CME Term SOFR), 12/25/2044<sup>(d) (e)</sup> |  | 564 | 54793 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016-77, Class DS<br>1.536% (5.89% - CME Term SOFR), 10/25/2046<sup>(d) (e)</sup> |  | 644 | 68957 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017-62, Class AS<br>1.686% (6.04% - CME Term SOFR), 08/25/2047<sup>(d) (e)</sup> |  | 701 | 74598 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017-97, Class LS<br>1.736% (6.09% - CME Term SOFR), 12/25/2047<sup>(d) (e)</sup> |  | 1011 | 115336 |
|  Government National Mortgage Association<br>Series 2017-122, Class SA<br>1.735% (6.09% - CME Term SOFR 1 Month), 08/20/2047<sup>(d) (e)</sup> |  | 548 | 70253 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017-134, Class MS<br>1.735% (6.09% - CME Term SOFR 1 Month), 09/20/2047<sup>(d) (e)</sup> |  | 625 | 82074 |
|  |  |  | 1026903 |
|  **Non-Agency Floating Rate – 0.0%** |  |  |  |
|  JPMorgan Chase Bank NA - CHASE<br>Series 2019-CL1, Class M3<br>6.567% (CME Term SOFR 1 Month + 2.21%), 04/25/2047<sup>(b) (d)</sup> |  | 113 | 114184 |
|  Total Collateralized Mortgage Obligations<br>(cost $26,959,481) |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27676394 |
|  **CORPORATES - NON-INVESTMENT GRADE – 0.9%** |  |  |  |
|  **Industrial – 0.8%** |  |  |  |
|  **Capital Goods – 0.1%** |  |  |  |
|  Axon Enterprise, Inc.<br>6.125%, 03/15/2030<sup>(b)</sup> |  | 535 | 547407 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 03/15/2033<sup>(b)</sup> |  | 389 | 398915 |
|  |  |  | 946322 |
|  **Communications - Media – 0.1%** |  |  |  |
|  VZ Vendor Financing II BV<br>2.875%, 01/15/2029<sup>(b)</sup> | EUR | 561 | 585379 |
|  Warnermedia Holdings, Inc.<br>3.755%, 03/15/2027 | U.S.$| 297 | 291066 |
|  |  |  | 876445 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  **Consumer Cyclical - Other – 0.1%** |  |  |  |
|  Hilton Domestic Operating Co., Inc.<br>5.875%, 04/01/2029<sup>(b)</sup> | U.S.$| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;383 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;389139 |
|  **Consumer Cyclical - Retailers – 0.1%** |  |  |  |
|  Advance Auto Parts, Inc.<br>7.00%, 08/01/2030<sup>(b)</sup> |  | 787 | 791045 |
|  **Consumer Non-Cyclical – 0.1%** |  |  |  |
|  Organon & Co./Organon Foreign Debt Co-Issuer BV<br>2.875%, 04/30/2028<sup>(b)</sup> | EUR | 550 | 617686 |
|  **Energy – 0.1%** |  |  |  |
|  Venture Global Plaquemines LNG LLC<br>6.50%, 01/15/2034<sup>(b)</sup> | U.S.$| 753 | 774521 |
|  **Technology – 0.2%** |  |  |  |
|  Kioxia Holdings Corp.<br>6.625%, 07/24/2033<sup>(b)</sup> |  | 1080 | 1070680 |
|  |  |  | 5465838 |
|  **Utility – 0.1%** |  |  |  |
|  **Electric – 0.1%** |  |  |  |
|  Vistra Corp.<br>7.00%, 12/15/2026<sup>(b) (c)</sup> |  | 751 | 758014 |
|  Total Corporates - Non-Investment Grade<br>(cost $6,222,826) |  |  | 6223852 |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES – 0.8%** |  |  |  |
|  **Non-Agency Floating Rate CMBS – 0.4%** |  |  |  |
|  BBCMS Mortgage Trust<br>Series 2020-BID, Class A<br>6.596% (CME Term SOFR 1 Month + 2.25%), 10/15/2037<sup>(b) (d)</sup> |  | 1383 | 1382568 |
|  BX Commercial Mortgage Trust<br>Series 2019-IMC, Class D<br>6.288% (CME Term SOFR 1 Month + 1.95%), 04/15/2034<sup>(b) (d)</sup> |  | 185 | 181775 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019-IMC, Class E<br>6.538% (CME Term SOFR 1 Month + 2.20%), 04/15/2034<sup>(b) (d)</sup> |  | 895 | 870560 |
|  Natixis Commercial Mortgage Securities Trust<br>Series 2019-MILE, Class A<br>5.921% (CME Term SOFR 1 Month + 1.58%), 07/15/2036<sup>(b) (d)</sup> |  | 391 | 373957 |
|  |  |  | 2808860 |
|  **Non-Agency Fixed Rate CMBS – 0.4%** |  |  |  |
|  GS Mortgage Securities Trust<br>Series 2011-GC5, Class D<br>5.147%, 08/10/2044<sup>(b)</sup> |  | 19 | 13666 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  GSF 2021 1 Issuer LLC 08/26 1<br>Series 2021-1, Class A1<br>1.433%, 08/15/2026<sup>(f)</sup> | U.S.$| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;389 | $384105 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-1, Class A2<br>2.435%, 08/15/2026<sup>(f)</sup> |  | 1421 | 1403630 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-1, Class AS<br>2.638%, 08/15/2026<sup>(f)</sup> |  | 40 | 39117 |
|  HFX Funding<br>Series 2017-1A, Class A3<br>3.647%, 03/15/2035<sup>(f)</sup> |  | 9 | 9157 |
|  JPMBB Commercial Mortgage Securities Trust<br>Series 2014-C22, Class XA<br>0.398%, 09/15/2047<sup>(g)</sup> |  | 1098 | 11 |
|  Morgan Stanley Bank of America Merrill Lynch Trust<br>Series 2015-C25, Class XA<br>0.863%, 10/15/2048<sup>(g)</sup> |  | 1437 | 14 |
|  Wells Fargo Commercial Mortgage Trust<br>Series 2016-LC25, Class C<br>4.327%, 12/15/2059 |  | 330 | 310370 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016-NXS6, Class C<br>4.341%, 11/15/2049 |  | 525 | 500270 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2660340 |
|  **Agency CMBS – 0.0%** |  |  |  |
|  Federal Home Loan Mortgage Corp. Mscr Trust Mn1<br>Series 2021-MN1, Class M1<br>6.35% (CME Term SOFR + 2.00%), 01/25/2051<sup>(b) (d)</sup> |  | 55 | 54424 |
|  Total Commercial Mortgage-Backed Securities<br>(cost $5,613,037) |  |  | 5523624 |
|  **EMERGING MARKETS - CORPORATE BONDS – 0.5%** |  |  |  |
|  **Industrial – 0.3%** |  |  |  |
|  **Basic – 0.1%** |  |  |  |
|  Braskem Netherlands Finance BV<br>4.50%, 01/10/2028<sup>(b)</sup> |  | 343 | 262395 |
|  Volcan Cia Minera SAA<br>8.75%, 01/24/2030<sup>(b)</sup> |  | 126 | 126000 |
|  |  |  | 388395 |
|  **Communications - Media – 0.0%** |  |  |  |
|  Globo Comunicacao e Participacoes SA<br>4.875%, 01/22/2030<sup>(b)</sup> |  | 232 | 218892 |
|  **Consumer Cyclical - Other – 0.1%** |  |  |  |
|  Wynn Macau Ltd.<br>5.625%, 08/26/2028<sup>(b)</sup> |  | 483 | 477735 |
|  **Energy – 0.1%** |  |  |  |
|  Ecopetrol SA<br>8.625%, 01/19/2029 |  | 1134 | 1217292 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  Oleoducto Central SA<br>4.00%, 07/14/2027<sup>(b)</sup> | U.S.$| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;229 | $222806 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1440098 |
|  |  |  | 2525120 |
|  **Financial Institutions – 0.1%** |  |  |  |
|  **Financial Services – 0.1%** |  |  |  |
|  Eagle Funding Luxco SARL<br>5.50%, 08/17/2030<sup>(b)</sup> |  | 719 | 723817 |
|  **Utility – 0.1%** |  |  |  |
|  **Electric – 0.0%** |  |  |  |
|  Terraform Global Operating LP<br>6.125%, 03/01/2026<sup>(b)</sup> |  | 34 | 33692 |
|  **Other Utility – 0.1%** |  |  |  |
|  Aegea Finance SARL<br>6.75%, 05/20/2029<sup>(b)</sup> |  | 374 | 375403 |
|  |  |  | 409095 |
|  Total Emerging Markets - Corporate Bonds<br>(cost $3,578,175) |  |  | 3658032 |
|  **GOVERNMENTS - SOVEREIGN BONDS – 0.4%** |  |  |  |
|  **Chile – 0.1%** |  |  |  |
|  Chile Electricity Lux MPC II SARL<br>5.58%, 10/20/2035<sup>(b)</sup> |  | 683 | 690109 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.672%, 10/20/2035<sup>(b)</sup> |  | 287 | 291377 |
|  |  |  | 981486 |
|  **Colombia – 0.0%** |  |  |  |
|  Colombia Government International Bond<br>3.125%, 04/15/2031 |  | 248 | 208320 |
|  **Romania – 0.3%** |  |  |  |
|  Romanian Government International Bond<br>5.75%, 09/16/2030<sup>(b)</sup> |  | 1700 | 1707650 |
|  Total Governments - Sovereign Bonds<br>(cost $2,916,117) |  |  | 2897456 |
|  **LOCAL GOVERNMENTS - US MUNICIPAL BONDS – 0.4%** |  |  |  |
|  **United States – 0.4%** |  |  |  |
|  University of California<br> (University of California)<br>Series 2021-B<br>3.071%, 05/15/2051 |  | 1465 | 944863 |
|  Wisconsin Public Finance Authority<br> (SR 400 Peach Partners LLC)<br>Series 2025<br>5.75%, 06/30/2060<sup>(h)</sup> |  | 875 | 842693 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 12/31/2065<sup>(h)</sup> |  | 800 | 762690 |
|  Total Local Governments - US Municipal Bonds<br>(cost $3,039,847) |  |  | 2550246 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  **COLLATERALIZED LOAN OBLIGATIONS – 0.3%** |  |  |  |
|  **CLO - Floating Rate – 0.3%** |  |  |  |
|  Ballyrock CLO 27 Ltd.<br>Series 2024-27A, Class A1A<br>5.668% (CME Term SOFR 3 Month + 1.35%), 10/25/2037<sup>(b) (d)</sup> | U.S.$| 580 | $582319 |
|  Dryden 98 CLO Ltd.<br>Series 2022-98A, Class D<br>7.425% (CME Term SOFR 3 Month + 3.10%), 04/20/2035<sup>(b) (d)</sup> |  | 500 | 498904 |
|  New Mountain CLO 3 Ltd.<br>Series CLO-3A, Class A<br>5.767% (CME Term SOFR 3 Month + 1.44%), 10/20/2034<sup>(b) (d)</sup> |  | 500 | 500285 |
|  OCP CLO Ltd.<br>Series 2024-34A, Class A1<br>5.678% (CME Term SOFR 3 Month + 1.36%), 10/15/2037<sup>(b) (d)</sup> |  | 456 | 456723 |
|  Total Collateralized Loan Obligations<br>(cost $2,035,709) |  |  | 2038231 |
|  **QUASI-SOVEREIGNS – 0.1%** |  |  |  |
|  **Quasi-Sovereign Bonds – 0.1%** |  |  |  |
|  **Mexico – 0.1%** |  |  |  |
|  Comision Federal de Electricidad<br>4.688%, 05/15/2029<sup>(b)</sup><br>(cost $1,015,875) |  | 1016 | 982472 |
|  | **Shares** | **Shares** |  |
|  **SHORT-TERM INVESTMENTS – 0.8%** |  |  |  |
|  **Investment Companies – 0.8%** |  |  |  |
|  AB Fixed Income Shares, Inc. - Government Money Market Portfolio - Class AB, 4.15%<sup>(i) (j) (k)</sup><br>(cost $5,876,980) |  | 5876980 | 5876980 |
|  **Total Investments – 101.8%**<br> (cost $734,655,801)<sup>(l)</sup> |  |  | 738320079 |
|  Other assets less liabilities – (1.8)% |  |  | (12720939) |
|  **Net Assets – 100.0%** |  |  | $**725599140** |

---

------

**FUTURES** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Number<br>of<br>Contracts** | **Expiration<br>Month** | **Current<br>Notional** | **Value and**<br> **Unrealized**<br> **Appreciation**<br> **(Depreciation)** |
| **Purchased Contracts** |  |  |  |  |
| U.S. T-Note 2 Yr (CBT) Futures | 1614 | September 2025 | $334072783 | $(611623) |
| **Sold Contracts** |  |  |  |  |
| U.S. 10 Yr Ultra Futures | 212 | September 2025 | 23972563 | (81092) |
| U.S. T-Note 5 Yr (CBT) Futures | 153 | September 2025 | 16550297 | (50104) |
| U.S. Ultra Bond (CBT) Futures | 59 | September 2025 | 6921437 | (49825) |
|  |  |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(792644) |

---

**FORWARD CURRENCY EXCHANGE CONTRACTS** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Counterparty** | **Contracts to<br>Deliver<br>(000)** | **Contracts to<br>Deliver<br>(000)** | **In Exchange<br>For<br>(000)** | **In Exchange<br>For<br>(000)** | **Settlement<br>Date** | **Unrealized<br>Appreciation<br>(Depreciation)** |
| State Street Bank & Trust Co. | EUR | 736 | USD | 865 | 09/10/2025 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22698 |

---

**CENTRALLY CLEARED CREDIT DEFAULT SWAPS** 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Fixed<br>Rate<br>(Pay)<br>Receive** | **Payment<br>Frequency** | **Implied<br>Credit<br>Spread at<br>July 31,<br>2025** | **Notional<br>Amount<br>(000)** | **Notional<br>Amount<br>(000)** | **Market<br>Value** | **Upfront<br>Premiums <br>Paid<br>(Received)** | **Unrealized<br>Appreciation<br>(Depreciation)** |
| **Buy Contracts** | **Buy Contracts** | **Buy Contracts** | **Buy Contracts** | **Buy Contracts** | **Buy Contracts** | **Buy Contracts** | **Buy Contracts** | **Buy Contracts** |
| &nbsp;&nbsp;&nbsp;&nbsp; iTraxx Australia Series 43, 5 Year Index, 06/20/2030\* | (1.00)% | Quarterly | 0.68% | USD | 21540 | $(324971) | $(238246) | $(86725) |
| **Sale Contracts** | **Sale Contracts** | **Sale Contracts** | **Sale Contracts** | **Sale Contracts** | **Sale Contracts** | **Sale Contracts** | **Sale Contracts** | **Sale Contracts** |
| &nbsp;&nbsp;&nbsp;&nbsp; CDX-NAIG Series 44, 5 Year Index, 06/20/2030\* | 1.00% | Quarterly | 0.51% | USD | 21540 | 491680 | 400030 | 91650 |
|  |  |  |  |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;166709 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;161784 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4925 |

---

*\** *Termination date* 

**CENTRALLY CLEARED INFLATION (CPI) SWAPS** 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | **Rate Type** | **Rate Type** | | | | |
| **Notional<br>Amount**<br> **(000)** | **Notional<br>Amount**<br> **(000)** | **Termination<br>Date** | **Payments<br>made<br>by the<br>Fund** | **Payments<br>received<br>by the<br>Fund** | <br>**Payment<br>Frequency<br>Paid/<br>Received** |<br>**Market<br>Value** |<br>**Upfront<br>Premiums<br>Paid<br>(Received)** |<br>**Unrealized<br>Appreciation<br>(Depreciation)** |
| USD | 27630 | 04/15/2026 | 2.583% | CPI# | Maturity | $148559 | $— | $148559 |
| USD | 27280 | 04/15/2026 | 2.430% | CPI# | Maturity | 230031 |  | 230031 |
| USD | 4940 | 04/15/2026 | 2.530% | CPI# | Maturity | 31775 |  | 31775 |
| USD | 61010 | 05/13/2027 | 3.263% | CPI# | Maturity | 558736 |  | 558736 |
| USD | 29760 | 07/08/2027 | 2.770% | CPI# | Maturity | 757507 |  | 757507 |
| USD | 29760 | 07/08/2027 | 2.778% | CPI# | Maturity | 745920 |  | 745920 |
| USD | 78560 | 10/15/2027 | 2.841% | CPI# | Maturity | (11735) |  | (11735) |
|  |  |  |  |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2460793 | $&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;2460793 |

---

*#* *Variable interest rate based on the rate of inflation as determined by the Consumer Price Index (CPI).* 

------

**CENTRALLY CLEARED INTEREST RATE SWAPS** 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | | | **Rate Type** | **Rate Type** | | | | |
| **Notional<br>Amount**<br> **(000)** | **Notional<br>Amount**<br> **(000)** | <br>**Termination<br>Date** | **Payments<br>made<br>by the<br>Fund** | **Payments<br>received<br>by the<br>Fund** | <br>**Payment<br>Frequency<br>Paid/<br>Received** |<br>**Market<br>Value** |<br>**Upfront<br>Premiums<br>Paid<br>(Received)** |<br>**Unrealized<br>Appreciation<br>(Depreciation)** |
| USD | 2106 | 08/04/2025 | 1.970% | 1 Day SOFR | Annual | $55471 | $464 | $55007 |
| USD | 5400 | 10/04/2026 | 1.170% | 1 Day SOFR | Annual | 321625 | 187051 | 134574 |
| USD | 1080 | 11/08/2026 | 1.451% | 1 Day SOFR | Annual | 56698 | 36358 | 20340 |
| USD | 1080 | 11/09/2026 | 1.470% | 1 Day SOFR | Annual | 55890 | 36409 | 19481 |
| USD | 7030 | 04/04/2027 | 2.235% | 1 Day SOFR | Annual | 227572 | 217363 | 10209 |
| USD | 20920 | 06/05/2027 | 0.345% | 1 Day SOFR | Annual | 1400193 | 1355124 | 45069 |
| USD | 715 | 07/12/2027 | 2.000% | 1 Day SOFR | Annual | 24061 | 27308 | (3247) |
| USD | 5395 | 06/04/2029 | 1.985% | 1 Day SOFR | Annual | 328460 | 352751 | (24291) |
| USD | 3170 | 09/27/2029 | 1.300% | 1 Day SOFR | Annual | 363573 | 298654 | 64919 |
| USD | 40300 | 05/21/2031 | 1.394% | 1 Day SOFR | Annual | 4954160 | 4704958 | 249202 |
| USD | 1490 | 11/10/2035 | 2.410% | 1 Day SOFR | Annual | 203476 | 147558 | 55918 |
| USD | 595 | 03/06/2042 | 3.500% | 1 Day SOFR | Annual | 42090 |  | 42090 |
|  |  |  |  |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8033269 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7363998 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;669271 |

---

**REVERSE REPURCHASE AGREEMENTS** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Broker** | **Currency** | **Principal**<br> **Amount**<br> **(000)** | **Interest**<br> **Rate** | **Maturity** | **U.S. $Value at<br>July 31,**<br> **2025** |
| HSBC Securities (USA), Inc.† | USD | 15169 | 4.48% |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15263087 |

---

*†* *The reverse repurchase agreement matures on demand. Interest rate resets daily and the rate shown is the rate in effect on July 31, 2025.* 

The type of underlying collateral and the remaining maturity of open reverse repurchase agreements is as follows:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Overnight and<br>Continuous** | **Up to 30 Days** | **31-90 Days** | **Greater than<br>90 Days** | **Total** |
| Inflation-Linked Securities | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15263087 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15263087 |

---

*(a)* *Position, or a portion thereof, has been segregated to collateralize reverse repurchase agreements.* 

*(b)* *Security is exempt from registration under Rule 144A or Regulation S of the Securities Act of 1933. These securities are considered restricted, but liquid and may be resold in transactions exempt from registration. At July 31, 2025, the aggregate market value of these securities amounted to $123,415,306 or 17.0% of net assets.* 

*(c)* *Securities are perpetual and, thus, do not have a predetermined maturity date. The date shown, if applicable, reflects the next call date.* 

*(d)* *Floating Rate Security. Stated interest/floor/ceiling rate was in effect at July 31, 2025.* 

*(e)* *Inverse interest only security.* 

------

*(f)* *Security is exempt from registration under Rule 144A or Regulation S of the Securities Act of 1933. These securities, which represent 0.25% of net assets as of July 31, 2025, are considered illiquid and restricted. Additional information regarding such securities follows:* 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **144A/Restricted & Illiquid Securities** | **Acquisition<br>Date** | **Cost** | | **Market<br>Value** | | **Percentage<br>of<br>Net Assets** |
|  *GSF 2021 1 Issuer LLC 08/26 1<br>Series 2021-1, Class A1<br>1.433%, 08/15/2026* | *11/18/2021-08/03/2023* | $*371102* | | $*384105* | | *0.05%* |
|  *GSF 2021 1 Issuer LLC 08/26 1<br>Series 2021-1, Class A2<br>2.435%, 08/15/2026* | *02/25/2021-09/06/2022* | *1431091* | | *1403630* | | *0.19%* |
|  *GSF 2021 1 Issuer LLC 08/26 1<br>Series 2021-1, Class AS<br>2.638%, 08/15/2026* | *02/25/2021-04/01/2021* | *40234* | | *39117* | | *0.01%* |
|  *HFX Funding<br>Series 2017-1A, Class A3<br>3.647%, 03/15/2035* | *11/19/2020* | *9685* | | *9157* | | *0.00%* |

---

*(g)* *IO - Interest Only.* 

*(h)* *When-Issued or delayed delivery security.* 

*(i)* *To obtain a copy of the fund's shareholder report, please go to the Securities and Exchange Commission's website at www.sec.gov. Additionally, shareholder reports for AB funds can be obtained by calling AB at (800) 227-4618.* 

*(j)* *Affiliated investments.* 

*(k)* *The rate shown represents the 7-day yield as of period end.* 

*(l)* *As of July 31, 2025, the cost basis of investment securities owned was substantially identical for both book and tax purposes. Gross unrealized appreciation of investments was $9,809,693 and gross unrealized depreciation of investments was $(3,780,372), resulting in net unrealized appreciation of $6,029,321.* 

*Currency Abbreviations:* 

*EUR* – *Euro* 

*USD* – *United States Dollar* 

*Glossary:* 

*ABS* – *Asset-Backed Securities* 

*CBT* – *Chicago Board of Trade* 

*CDX-NAIG* – *North American Investment Grade Credit Default Swap Index* 

*CLO* – *Collateralized Loan Obligations* 

*CMBS* – *Commercial Mortgage-Backed Securities* 

*CME – Chicago Mercantile Exchange* 

*REIT* – *Real Estate Investment Trust* 

*REMICs – Real Estate Mortgage Investment Conduits* 

*SOFR* – *Secured Overnight Financing Rate* 

*TIPS* – *Treasury Inflation Protected Security* 

------

**AB Bond Inflation Strategy** 

**July 31, 2025 (unaudited)** 

In accordance with U.S. GAAP regarding fair value measurements, fair value is defined as the price that the Fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. U.S. GAAP establishes a framework for measuring fair value, and a three-level hierarchy for fair value measurements based upon the transparency of inputs to the valuation of an asset or liability (including those valued based on their market values). Inputs may be observable or unobservable and refer broadly to the assumptions that market participants would use in pricing the asset or liability. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability based on market data obtained from sources independent of the Fund. Unobservable inputs reflect the Fund's own assumptions about the assumptions that market participants would use in pricing the asset or liability based on the best information available in the circumstances. Each investment is assigned a level based upon the observability of the inputs which are significant to the overall valuation. The three-tier hierarchy of inputs is summarized below.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 1 - quoted prices in active markets for identical investments

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates,
prepayment speeds, credit risk, etc.)

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

The fair value of debt instruments, such as bonds, and over-the-counter derivatives is generally based on market price quotations, recently executed market transactions (where observable) or industry recognized modeling techniques and are generally classified as Level 2. Pricing vendor inputs to Level 2 valuations may include quoted prices for similar investments in active markets, interest rate curves, coupon rates, currency rates, yield curves, option adjusted spreads, default rates, credit spreads and other unique security features in order to estimate the relevant cash flows which is then discounted to calculate fair values. If these inputs are unobservable and significant to the fair value, these investments will be classified as Level 3. In addition, non-agency rated investments are classified as Level 3.

Other fixed income investments, including non-U.S. government and corporate debt, are generally valued using quoted market prices, if available, which are typically impacted by current interest rates, maturity dates and any perceived credit risk of the issuer. Additionally, in the absence of quoted market prices, these inputs are used by pricing vendors to derive a valuation based upon industry or proprietary models which incorporate issuer specific data with relevant yield/spread comparisons with more widely quoted bonds with similar key characteristics. Those investments for which there are observable inputs are classified as Level 2. Where the inputs are not observable, the investments are classified as Level 3.

Valuations of mortgage-backed or other asset backed securities, by pricing vendors, are based on both proprietary and industry recognized models and discounted cash flow techniques. Significant inputs to the valuation of these instruments are value of the collateral, the rates and timing of delinquencies, the rates and timing of prepayments, and default and loss expectations, which are driven in part by housing prices for residential mortgages. Significant inputs are determined based on relative value analyses, which incorporate comparisons to instruments with similar collateral and risk profiles, including relevant indices. Mortgage and asset backed securities for which management has collected current observable data through pricing services are generally categorized within Level 2. Those investments for which current observable data has not been provided are classified as Level 3.

------

The following table summarizes the valuation of the Fund's investments by the above fair value hierarchy levels as of July 31, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Investments in Securities:** | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets:** |  |  |  |  |
| Inflation-Linked Securities | $— | $560531955 | $— | $560531955 |
| Corporates - Investment Grade |  | 72900723 |  | 72900723 |
| Asset-Backed Securities |  | 47460114 |  | 47460114 |
| Collateralized Mortgage Obligations |  | 27676394 |  | 27676394 |
| Corporates - Non-Investment Grade |  | 6223852 |  | 6223852 |
| Commercial Mortgage-Backed Securities |  | 5523624 |  | 5523624 |
| Emerging Markets - Corporate Bonds |  | 3658032 |  | 3658032 |
| Governments - Sovereign Bonds |  | 2897456 |  | 2897456 |
| Local Governments - US Municipal Bonds |  | 2550246 |  | 2550246 |
| Collateralized Loan Obligations |  | 2038231 |  | 2038231 |
| Quasi-Sovereigns |  | 982472 |  | 982472 |
| Short-Term Investments | 5876980 |  |  | 5876980 |
| Total Investments in Securities | 5876980 | 732443099 |  | 738320079 |
| **Other Financial Instruments<sup>(a)</sup>:** |  |  |  |  |
| **Assets:** |  |  |  |  |
| Forward Currency Exchange Contracts |  | 22698 |  | 22698 |
| Centrally Cleared Credit Default Swaps |  | 491680 |  | 491680 |
| Centrally Cleared Inflation (CPI) Swaps |  | 2472528 |  | 2472528 |
| Centrally Cleared Interest Rate Swaps |  | 8033269 |  | 8033269 |
| **Liabilities:** |  |  |  |  |
| Futures | (792644) |  |  | (792644) |
| Centrally Cleared Credit Default Swaps |  | (324971) |  | (324971) |
| Centrally Cleared Inflation (CPI) Swaps |  | (11735) |  | (11735) |
| **Total** | $**5084336** | $**743126568** | $**—** | $**748210904** |

---

*<sup>(a)</sup>* *Other financial instruments include derivative instruments, such as futures, forwards and swaps. Derivative instruments are valued at the unrealized appreciation (depreciation) on the instrument. Other financial instruments may also include swaps with upfront premiums, written options and written swaptions which are valued at market value.* 

A summary of the Fund's transactions in AB mutual funds for the nine months ended July 31, 2025 is as follows:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Fund** | **Market Value**<br> **10/31/2024**<br> **(000)** | **Purchases**<br> **at Cost**<br> **(000)** | **Sales**<br> **Proceeds**<br> **(000)** | **Market Value**<br> **07/31/2025**<br> **(000)** | **Dividend**<br> **Income**<br> **(000)** |
| AB Government Money Market Portfolio | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16305 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;203759 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;214187 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5877 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;426 |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** AB BOND FUND, INC.

- **b. Investment Company Act file number:** 811-02383

- **c. CIK number of Registrant:** 0000003794

- **d. LEI of Registrant:** 549300RYJMGGIS1UBQ97

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

  - **Street Address 1:** ALLIANCEBERNSTEIN LP

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10001

  - **Telephone number:** 212-969-1000

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

- **a. Name of Series:** AB Bond Inflation Strategy

- **b. EDGAR series identifier (if any):** S000027378

- **c. LEI of Series:** 0QWYN1X8473Z4B5GZO43

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-07-31

**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:** $747094145.13

**Total Liabilities:** $20472650.31

**Net Assets:** $726621494.82

**Delayed Delivery Securities:** $4286957.13

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -380.17000000 | **1-Year:** -6633.78000000 | **5-Year:** -21956.19000000 | **10-Year:** -18401.23000000 | **30-Year:** -1921.49000000

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

- **3-Month:** -158.51000000 | **1-Year:** -2920.61000000 | **5-Year:** -4168.74000000 | **10-Year:** -1706.53000000 | **30-Year:** -361.31000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000085437 | -0.31%               | 0.80%                | 0.36%                |
| Class ID C000082621 | -0.23%               | 0.77%                | 0.24%                |
| Class ID C000082622 | -0.29%               | 0.74%                | 0.18%                |
| Class ID C000082623 | -0.21%               | 0.70%                | 0.36%                |
| Class ID C000152483 | -0.21%               | 0.71%                | 0.36%                |
| Class ID C000085438 | -0.21%               | 0.81%                | 0.27%                |
| Class ID C000085359 | -0.32%               | 0.81%                | 0.36%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-227332.76              | $-3534964.79                               |
| Month 2  | $-275825.56              | $3822110.28                                |
| Month 3  | $-165281.92              | $-154713.96                                |

**Designated Index Information**

- **Index Name:** Bloomberg US Treasury Inflation Notes: 1-10 Year

- **Index Identifier:** LTI1TRUU:IND

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Ballyrock Ltd                                 | Ballyrock CLO 27 Ltd                                                                                                               | CUSIP: 05874UAA3<br>LEI: 254900WCB773D35B5908 | Long             | ABS-CBDO         | CORP              | KY        |    580298 | PA      | $582319.18    | 0.08%             | 2037-10-25      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| United States Treasury                        | U.S. Treasury Inflation-Indexed Notes                                                                                              | CUSIP: 91282CFR7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  98904565 | PA      | $99978605.80  | 13.76%            | 2027-10-15      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| TELUS CORP                                    | TELUS Corp                                                                                                                         | CUSIP: 87971MCM3<br>LEI: L2TEUTQ8OSHMJWVLCE40 | Long             | DBT              | CORP              | CA        |    681000 | PA      | $691358.01    | 0.10%             | 2055-10-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                        | U.S. Treasury Inflation-Indexed Notes                                                                                              | CUSIP: 91282CJH5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  54577482 | PA      | $56560179.46  | 7.78%             | 2028-10-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| CAIXABANK SA                                  | CaixaBank SA                                                                                                                       | CUSIP: 12803RAH7<br>LEI: 7CUNS533WID6K7DGFI87 | Long             | DBT              | CORP              | ES        |    955000 | PA      | $998156.45    | 0.14%             | 2035-03-15      | Fixed         | 6.04%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENER HOUSTON                      | CenterPoint Energy Houston Electric LLC                                                                                            | CUSIP: 15189XBF4<br>LEI: 549300S8SEQBOJLKHW63 | Long             | DBT              | CORP              | US        |    892000 | PA      | $887058.32    | 0.12%             | 2035-03-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| CHILE ELECTRICITY LUX                         | Chile Electricity Lux Mpc II Sarl                                                                                                  | CUSIP: 16882LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    683276 | PA      | $690108.76    | 0.09%             | 2035-10-20      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| ADVANCE AUTO PARTS                            | Advance Auto Parts Inc                                                                                                             | CUSIP: 00751YAK2<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | DBT              | CORP              | US        |    787000 | PA      | $791045.18    | 0.11%             | 2030-08-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CENCOSUD SA                                   | Cencosud SA                                                                                                                        | CUSIP: 15132HAJ0<br>LEI: 549300NLTGCFV7482429 | Long             | DBT              | CORP              | CL        |    308000 | PA      | $316454.60    | 0.04%             | 2031-05-28      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                         | Athene Global Funding                                                                                                              | CUSIP: 04685A3C3<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |    308000 | PA      | $285679.24    | 0.04%             | 2028-08-19      | Fixed         | 1.99%                 | No            |                  2 | On Loan: No      |
| MASTERCARD INC                                | Mastercard Inc                                                                                                                     | CUSIP: 57636QBC7<br>LEI: AR5L2ODV9HN37376R084 | Long             | DBT              | CORP              | US        |    656000 | PA      | $640518.40    | 0.09%             | 2035-01-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                      | Long: BS2LDR7   IRS USD R V 00MSOFR IS2LDS8 CCPOIS / Short: BS2LDR7   IRS USD P F  1.47000 IS2LDR7 CCPOIS                          | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   1080000 | OU      | $55890.11     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                      | Long: BS2LDT9   IRS USD R V 00MSOFR IS2LDU0 CCPOIS / Short: BS2LDT9   IRS USD P F  1.39400 IS2LDT9 CCPOIS                          | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  40300000 | OU      | $4954160.02   | 0.68%             |  |  |  | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                              | Deutsche Bank AG/New York NY                                                                                                       | CUSIP: 251526DB2<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    291000 | PA      | $291355.02    | 0.04%             | 2031-08-04      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Colombia Government International Bonds       | Colombia Government International Bonds                                                                                            | CUSIP: 195325DS1<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    248000 | PA      | $208320.00    | 0.03%             | 2031-04-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                        | Pacific Gas and Electric Co                                                                                                        | CUSIP: 694308KQ9<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    151000 | PA      | $153894.67    | 0.02%             | 2029-05-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust                | Carvana Auto Receivables Trust 2024-P4                                                                                             | CUSIP: 14076LAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    546411 | PA      | $546267.35    | 0.08%             | 2028-02-10      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE NA                                | Capital One NA                                                                                                                     | CUSIP: 25466AAN1<br>LEI: 207ALC1P1YM0OVDV0K75 | Long             | DBT              | CORP              | US        |    327000 | PA      | $336054.63    | 0.05%             | 2028-08-09      | Fixed         | 5.97%                 | No            |                  2 | On Loan: No      |
| United States Treasury                        | U.S. Treasury Inflation-Indexed Notes                                                                                              | CUSIP: 91282CCM1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  11953622 | PA      | $11009940.01  | 1.52%             | 2031-07-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE                              | Societe Generale SA                                                                                                                | CUSIP: 83368RCH3<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |    542000 | PA      | $547891.54    | 0.08%             | 2029-05-22      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Brex Inc                                      | Brex Commercial Charge Card Master Trust                                                                                           | CUSIP: 05601DAE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    987000 | PA      | $993059.88    | 0.14%             | 2027-07-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| NMEF Funding LLC                              | NMEF Funding 2022-B LLC                                                                                                            | CUSIP: 62890MAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     98450 | PA      | $98605.98     | 0.01%             | 2029-06-15      | Fixed         | 6.07%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                           | Freddie Mac STACR REMIC Trust 2021-DNA6                                                                                            | CUSIP: 35564KKY4<br>LEI: 5493000ISONLNOUKGB71 | Long             | ABS-MBS          | USGSE             | US        |   2299174 | PA      | $2309375.94   | 0.32%             | 2041-10-25      | Floating      | 5.85%                 | No            |                  2 | On Loan: No      |
| VISTRA CORP                                   | Vistra Corp                                                                                                                        | CUSIP: 92840MAC6<br>LEI: 549300KP43CPCUJOOG15 | Long             | DBT              | CORP              | US        |    751000 | PA      | $758014.34    | 0.10%             | 2026-12-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| GLP CAPITAL LP / FIN II                       | GLP Capital LP / GLP Financing II Inc                                                                                              | CUSIP: 361841AR0<br>LEI: N/A                  | Long             | DBT              |  | US        |    949000 | PA      | $839760.61    | 0.12%             | 2032-01-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| University of California                      | UNIV OF CALIFORNIA CA REVENUES                                                                                                     | CUSIP: 91412HKE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1465000 | PA      | $944862.59    | 0.13%             | 2051-05-15      | Fixed         | 3.07%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                              | Fannie Mae Connecticut Avenue Securities                                                                                           | CUSIP: 20755AAB8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    708644 | PA      | $724800.83    | 0.10%             | 2043-01-25      | Floating      | 6.65%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                              | Fannie Mae Connecticut Avenue Securities                                                                                           | CUSIP: 20753CAB6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1829624 | PA      | $1830184.27   | 0.25%             | 2045-07-25      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| United States Treasury                        | U.S. Treasury Inflation-Indexed Notes                                                                                              | CUSIP: 9128287D6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  53402724 | PA      | $51329196.16  | 7.06%             | 2029-07-15      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| GSF 2021 1 ISSUER LLC                         | GSF 2021 1 ISSUER LLC                                                                                                              | CUSIP: 36261CAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1421000 | PA      | $1403630.41   | 0.19%             | 2026-08-17      | Variable      | 3.97%                 | No            |                  2 | On Loan: No      |
| AVIATION CAPITAL GROUP                        | Aviation Capital Group LLC                                                                                                         | CUSIP: 05367AAH6<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |    246000 | PA      | $245820.42    | 0.03%             | 2025-10-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| CHILE ELECTRICITY LUX                         | Chile Electricity Lux Mpc II Sarl                                                                                                  | CUSIP: 16882LAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    287000 | PA      | $291376.75    | 0.04%             | 2035-10-20      | Fixed         | 5.67%                 | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL INC                            | Ally Financial Inc                                                                                                                 | CUSIP: 02005NBT6<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |    575000 | PA      | $604422.75    | 0.08%             | 2029-06-13      | Fixed         | 6.99%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                         | Athene Global Funding                                                                                                              | CUSIP: 04685A3G4<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |    117000 | PA      | $109100.16    | 0.02%             | 2029-01-07      | Fixed         | 2.72%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                       | Goldman Sachs Group Inc/The                                                                                                        | CUSIP: 38141GYU2<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    775000 | PA      | $759027.25    | 0.10%             | 2026-11-10      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| TAKEDA US FIN                                 | Takeda US Financing Inc                                                                                                            | CUSIP: 87406BAA0<br>LEI: 254900ZGPIBGBZ2N3A33 | Long             | DBT              | CORP              | US        |   1075000 | PA      | $1071355.75   | 0.15%             | 2035-07-07      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                      | Long: BS34HE0   IRS USD R V 12MUSCPI IS34HF1 CCPINFLATIONZERO / Short: BS34HE0   IRS USD P F  2.84100 IS34HE0 CCPINFLATIONZERO     | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  78560000 | OU      | $-11735.29    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FIEMEX ENERGIA - BANC AC                      | FIEMEX Energia - Banco Actinver SA Institucion de Banca Multiple                                                                   | CUSIP: 05974EAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |    394222 | PA      | $403091.93    | 0.06%             | 2041-01-31      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                             | NatWest Group PLC                                                                                                                  | CUSIP: 639057AV0<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    794000 | PA      | $806021.16    | 0.11%             | 2031-05-23      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Nelnet Student Loan Trust                     | Nelnet Student Loan Trust 2021-D                                                                                                   | CUSIP: 64034YAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    793000 | PA      | $702978.48    | 0.10%             | 2062-04-20      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| OFFICE CHERIFIEN DES PHO                      | OCP SA                                                                                                                             | CUSIP: 67091TAH8<br>LEI: 213800D26TAPVTCVWG40 | Long             | DBT              | CORP              | MA        |    555000 | PA      | $563963.47    | 0.08%             | 2030-04-29      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS SANDS CORP                          | Las Vegas Sands Corp                                                                                                               | CUSIP: 517834AN7<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |    358000 | PA      | $368446.44    | 0.05%             | 2030-06-14      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| AXON ENTERPRISE INC                           | Axon Enterprise Inc                                                                                                                | CUSIP: 05464CAD3<br>LEI: 549300QP2IEEGFE16681 | Long             | DBT              | CORP              | US        |    389000 | PA      | $398915.61    | 0.05%             | 2033-03-05      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED PLC                        | Standard Chartered PLC                                                                                                             | CUSIP: 85325C2D3<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |    314000 | PA      | $320280.00    | 0.04%             | 2029-01-21      | Fixed         | 5.54%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust         | Wells Fargo Commercial Mortgage Trust 2016-NXS6                                                                                    | CUSIP: 95000KBH7<br>LEI: 549300CFP9NBBMZH1008 | Long             | ABS-MBS          | CORP              | US        |    525000 | PA      | $500269.72    | 0.07%             | 2049-11-15      | Variable      | 4.39%                 | No            |                  2 | On Loan: No      |
| AEGEA FINANCE SARL                            | Aegea Finance Sarl                                                                                                                 | CUSIP: 000000000<br>LEI: 213800V6WTKUT1XWIZ47 | Long             | DBT              | CORP              | LU        |    374000 | PA      | $375402.50    | 0.05%             | 2029-05-20      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Intercontinental Exchange, Inc.               | Long: SS333F0   CDS USD R F  1.00000 IS333F0 CCPCDX / Short: SS333F0   CDS USD P V 03MEVENT IS333G1 CCPCDX                         | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              |  | US        |  21540000 | OU      | $491679.94    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| ENA MASTER TRUST                              | ENA Master Trust                                                                                                                   | CUSIP: 29249BAA3<br>LEI: 549300CBCHB6Q73VG753 | Long             | DBT              | CORP              | PA        |    303000 | PA      | $216684.39    | 0.03%             | 2048-05-19      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Securities Trust    | JPMBB Commercial Mortgage Securities Trust 2014-C22                                                                                | CUSIP: 46642NBF2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1097866 | PA      | $10.98        | 0.00%             | 2047-09-15      | Variable      | 0.40%                 | No            |                  2 | On Loan: No      |
| Chicago Mercantile Exchange                   | Long: BS2LFH1   IRS USD R V 00MSOFR IS2LFI2 CCPOIS / Short: BS2LFH1   IRS USD P F   .34500 IS2LFH1 CCPOIS                          | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |  20920000 | OU      | $1400192.94   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                              | Deutsche Bank AG/New York NY                                                                                                       | CUSIP: 251526CX5<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    261000 | PA      | $263127.15    | 0.04%             | 2030-09-11      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BX Trust                                      | BX Commercial Mortgage Trust 2019-IMC                                                                                              | CUSIP: 05608BAL4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    185485 | PA      | $181775.30    | 0.03%             | 2034-04-15      | Floating      | 6.29%                 | No            |                  2 | On Loan: No      |
| WESTINGHOUSE AIR BRAKE                        | Westinghouse Air Brake Technologies Corp                                                                                           | CUSIP: 960386AS9<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | DBT              | CORP              | US        |   1035000 | PA      | $1046395.35   | 0.14%             | 2030-05-29      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| DEVON ENERGY CORPORATION                      | Devon Energy Corp                                                                                                                  | CUSIP: 25179MBG7<br>LEI: 54930042348RKR3ZPN35 | Long             | DBT              | CORP              | US        |    911000 | PA      | $884544.56    | 0.12%             | 2034-09-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| BELLEMEADE RE LT                              | Bellemeade Re 2022-1 Ltd                                                                                                           | CUSIP: 078774AB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | BM        |    360487 | PA      | $361530.79    | 0.05%             | 2032-01-26      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae REMICS                                                                                                                  | CUSIP: 3136ALP47<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    564106 | PA      | $54793.22     | 0.01%             | 2044-12-25      | Floating      | 1.64%                 | No            |                  2 | On Loan: No      |
| ACM Auto Trust                                | ACM Auto Trust 2025-2                                                                                                              | CUSIP: 00161TAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1513632 | PA      | $1515038.88   | 0.21%             | 2028-06-20      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae REMICS                                                                                                                  | CUSIP: 3136ATV27<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    643878 | PA      | $68957.14     | 0.01%             | 2046-10-25      | Floating      | 1.54%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                   | Oracle Corp                                                                                                                        | CUSIP: 68389XDA0<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    825000 | PA      | $836360.25    | 0.12%             | 2035-08-03      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| INTESA SANPAOLO SPA                           | Intesa Sanpaolo SpA                                                                                                                | CUSIP: 46115HCD7<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |    357000 | PA      | $401507.19    | 0.06%             | 2033-11-28      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| GLP CAPITAL LP / FIN II                       | GLP Capital LP / GLP Financing II Inc                                                                                              | CUSIP: 361841AQ2<br>LEI: N/A                  | Long             | DBT              |  | US        |    414000 | PA      | $390195.00    | 0.05%             | 2031-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Alliance Bernstein                            | AB Fixed Income Shares, Inc. - Government Money Market Portfolio                                                                   | CUSIP: 018616748<br>LEI: 5493006YWHO7MNK2U579 | Long             | STIV             | RF                | US        |   5876980 | NS      | $5876980.19   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Freddie Mac                                   | Freddie Mac REMICS                                                                                                                 | CUSIP: 3137FTV38<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2085276 | PA      | $219537.46    | 0.03%             | 2050-06-25      | Floating      | 1.64%                 | No            |                  2 | On Loan: No      |
| Tesla Auto Lease Trust                        | Tesla Auto Lease Trust 2024-A                                                                                                      | CUSIP: 88166VAD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    517000 | PA      | $518153.69    | 0.07%             | 2027-06-21      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Owner Trust/Ford Credit      | Ford Credit Auto Owner Trust 2021-REV1                                                                                             | CUSIP: 345340AD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $977994.00    | 0.13%             | 2033-10-17      | Fixed         | 2.31%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                              | Fannie Mae Connecticut Avenue Securities                                                                                           | CUSIP: 30711XBF0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    245398 | PA      | $248307.83    | 0.03%             | 2028-04-25      | Floating      | 10.16%                | No            |                  2 | On Loan: No      |
| AXIS Equipment Finance Receivables LLC        | Amur Equipment Finance Receivables XI LLC                                                                                          | CUSIP: 03236XAB3<br>LEI: 549300IFG1NMINYRYF89 | Long             | ABS-O            | CORP              | US        |    184568 | PA      | $184852.76    | 0.03%             | 2028-06-21      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Santander Drive Auto Receivables Trust        | Santander Drive Auto Receivables Trust 2024-4                                                                                      | CUSIP: 802919AB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    243250 | PA      | $243402.63    | 0.03%             | 2027-07-15      | Fixed         | 5.41%                 | No            |                  2 | On Loan: No      |
| Intercontinental Exchange, Inc.               | Long: BS33435   CDS USD R V 03MEVENT IS33446 CCPITRAXX / Short: BS33435   CDS USD P F  1.00000 IS33435 CCPITRAXX                   | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              |  | US        |  21540000 | OU      | $-324971.10   | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust                | Carvana Auto Receivables Trust 2021-N4                                                                                             | CUSIP: 14687HAE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    174336 | PA      | $169727.97    | 0.02%             | 2028-09-11      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                      | Long: BS2WZZ2   IRS USD R V 12MUSCPI IS2X005 CCP INFLATION ZERO / Short: BS2WZZ2   IRS USD P F  2.58300 BS2WZZ2 CCP INFLATION ZERO | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  27630000 | OU      | $148559.05    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                              | Fannie Mae Connecticut Avenue Securities                                                                                           | CUSIP: 20753XAB0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2282827 | PA      | $2364871.80   | 0.33%             | 2042-03-25      | Floating      | 7.85%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                       | Hyundai Capital America                                                                                                            | CUSIP: 44891ACN5<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |    486000 | PA      | $504696.42    | 0.07%             | 2028-09-21      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Arivo Acceptance Auto Loan Receivables Trust  | Arivo Acceptance Auto Loan Receivables Trust 2024-1                                                                                | CUSIP: 039943AA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     93458 | PA      | $94079.19     | 0.01%             | 2028-04-17      | Fixed         | 6.46%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED PLC                        | Standard Chartered PLC                                                                                                             | CUSIP: 85325C2H4<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |    332000 | PA      | $336923.56    | 0.05%             | 2031-05-13      | Fixed         | 5.24%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                              | Fannie Mae Connecticut Avenue Securities                                                                                           | CUSIP: 20754KAB7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1188289 | PA      | $1197546.62   | 0.16%             | 2041-11-25      | Floating      | 6.35%                 | No            |                  2 | On Loan: No      |
| HFX FUNDING ISSUER                            | HFX FUNDING ISSUER                                                                                                                 | CUSIP: 40422GAE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      9202 | PA      | $9156.62      | 0.00%             | 2035-03-15      | Variable      | 3.62%                 | No            |                  2 | On Loan: No      |
| Bankers Healthcare Group Securitization Trust | BHG Securitization Trust 2022-A                                                                                                    | CUSIP: 054977AD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1350000 | PA      | $1294547.27   | 0.18%             | 2035-02-20      | Fixed         | 3.56%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CAROLINAS NC                      | Duke Energy Carolinas NC Storm Funding LLC                                                                                         | CUSIP: 26443KAB1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1183000 | PA      | $921403.21    | 0.13%             | 2043-07-01      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| Dext ABS                                      | Dext ABS 2023-1 LLC                                                                                                                | CUSIP: 25216BAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    678618 | PA      | $680534.39    | 0.09%             | 2032-03-15      | Fixed         | 5.99%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                         | Athene Global Funding                                                                                                              | CUSIP: 04685A3Z2<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |     22000 | PA      | $22417.56     | 0.00%             | 2031-07-11      | Fixed         | 5.53%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust                | Carvana Auto Receivables Trust 2021-N3                                                                                             | CUSIP: 14687GAD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     79388 | PA      | $76546.14     | 0.01%             | 2028-06-12      | Fixed         | 1.02%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                      | Long: BS315D6   IRS USD R V 12MUSCPI IS315E7 CCPINFLATIONZERO / Short: BS315D6   IRS USD P F  2.53000 IS315D6 CCPINFLATIONZERO     | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   4940000 | OU      | $31775.27     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Tricolor Auto Securitization Trust            | Tricolor Auto Securitization Trust                                                                                                 | CUSIP: 89617QAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1644978 | PA      | $1645937.53   | 0.23%             | 2029-01-16      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                           | Freddie Mac STACR REMIC Trust 2021-HQA4                                                                                            | CUSIP: 35564KNS4<br>LEI: 5493000ISE4NWBTOSK36 | Long             | ABS-MBS          | USGSE             | US        |   1765360 | PA      | $1791130.73   | 0.25%             | 2041-12-25      | Floating      | 6.70%                 | No            |                  2 | On Loan: No      |
| Octane Receivables Trust                      | Octane Receivables Trust 2021-2                                                                                                    | CUSIP: 67578AAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1052213 | PA      | $1044227.19   | 0.14%             | 2028-09-20      | Fixed         | 2.02%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP                        | Mizuho Financial Group Inc                                                                                                         | CUSIP: 60687YDD8<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |    344000 | PA      | $352135.60    | 0.05%             | 2030-05-26      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                              | Fannie Mae Connecticut Avenue Securities                                                                                           | CUSIP: 20755TAB7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    809951 | PA      | $811841.27    | 0.11%             | 2045-05-25      | Floating      | 5.55%                 | No            |                  2 | On Loan: No      |
| Israel Electric Corp Ltd                      | Israel Electric Corp Ltd                                                                                                           | CUSIP: 465077AL9<br>LEI: 254900JW7GE35YNJGJ55 | Long             | DBT              | CORP              | IL        |    503000 | PA      | $490374.70    | 0.07%             | 2028-08-14      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| UNICREDIT SPA                                 | UniCredit SpA                                                                                                                      | CUSIP: 904678AU3<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |   1071000 | PA      | $1067776.29   | 0.15%             | 2026-09-22      | Fixed         | 2.57%                 | No            |                  2 | On Loan: No      |
| AutoNation Finance Trust 2025-1               | AutoNation Finance Trust 2025-1                                                                                                    | CUSIP: 05330QAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1719000 | PA      | $1720552.60   | 0.24%             | 2028-04-10      | Fixed         | 4.72%                 | No            |                  2 | On Loan: No      |
| ALEXANDER FUND TRUST II                       | Alexander Funding Trust II                                                                                                         | CUSIP: 014916AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    656000 | PA      | $698364.48    | 0.10%             | 2028-07-31      | Fixed         | 7.47%                 | No            |                  2 | On Loan: No      |
| BRASKEM NETHERLANDS                           | Braskem Netherlands Finance BV                                                                                                     | CUSIP: 000000000<br>LEI: 2549000TLMHFQ74DS330 | Long             | DBT              | CORP              | NL        |    343000 | PA      | $262395.00    | 0.04%             | 2028-01-10      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association      | Government National Mortgage Association                                                                                           | CUSIP: 38380GHH0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    548494 | PA      | $70252.70     | 0.01%             | 2047-08-20      | Floating      | 1.74%                 | No            |                  2 | On Loan: No      |
| GSF 2021 1 ISSUER LLC                         | GSF 2021 1 ISSUER LLC                                                                                                              | CUSIP: 36261CAE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     40000 | PA      | $39117.18     | 0.01%             | 2026-08-17      | Variable      | 3.98%                 | No            |                  2 | On Loan: No      |
| Research-Driven Pagaya Motor Asset Trust I    | Research-Driven Pagaya Motor Trust 2024-1                                                                                          | CUSIP: 76088YAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    343737 | PA      | $346984.92    | 0.05%             | 2032-06-25      | Fixed         | 7.09%                 | No            |                  2 | On Loan: No      |
| Research-Driven Pagaya Motor Asset Trust I    | Research-Driven Pagaya Motor Asset Trust 2025-4                                                                                    | CUSIP: 76089MAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1820818 | PA      | $1822747.34   | 0.25%             | 2034-04-25      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust                | Pagaya AI Debt Grantor Trust 2024-5                                                                                                | CUSIP: 69544LAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    307428 | PA      | $309916.83    | 0.04%             | 2031-10-15      | Fixed         | 6.28%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                      | Long: BS30276   IRS USD R V 12MUSCPI BS30276 CCP INFLATION ZERO / Short: BS30276   IRS USD P F  2.42950 IS30287 CCP INFLATION ZERO | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  27280000 | OU      | $230030.69    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| SANTANDER UK GROUP HLDGS                      | Santander UK Group Holdings PLC                                                                                                    | CUSIP: 80281LAU9<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |    517000 | PA      | $517072.38    | 0.07%             | 2030-09-11      | Fixed         | 4.86%                 | No            |                  2 | On Loan: No      |
| Affirm Inc                                    | Affirm Asset Securitization Trust 2024-X1                                                                                          | CUSIP: 00834XAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     23536 | PA      | $23541.93     | 0.00%             | 2029-05-15      | Fixed         | 6.27%                 | No            |                  2 | On Loan: No      |
| CARGILL INC                                   | Cargill Inc                                                                                                                        | CUSIP: 141781BZ6<br>LEI: QXZYQNMR4JZ5RIRN4T31 | Long             | DBT              | CORP              | US        |    632000 | PA      | $646017.76    | 0.09%             | 2032-10-11      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES CORP                          | Targa Resources Corp                                                                                                               | CUSIP: 87612GAQ4<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |    211000 | PA      | $212141.51    | 0.03%             | 2036-02-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE                              | Societe Generale SA                                                                                                                | CUSIP: 83368RBV3<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |    812000 | PA      | $819957.60    | 0.11%             | 2028-01-19      | Fixed         | 5.52%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                   | BNP Paribas SA                                                                                                                     | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    489000 | PA      | $439635.45    | 0.06%             | 2031-02-25      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Mission Lane Credit Card Master Trust         | Mission Lane Credit Card Master Trust                                                                                              | CUSIP: 60510MBK3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1308000 | PA      | $1318076.44   | 0.18%             | 2030-05-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| SANTANDER HOLDINGS USA                        | Santander Holdings USA Inc                                                                                                         | CUSIP: 80282KBN5<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |     14000 | PA      | $14238.28     | 0.00%             | 2029-03-20      | Fixed         | 5.47%                 | No            |                  2 | On Loan: No      |
| BANK OF IRELAND GROUP                         | Bank of Ireland Group PLC                                                                                                          | CUSIP: 06279JAD1<br>LEI: 635400C8EK6DRI12LJ39 | Long             | DBT              | CORP              | IE        |    301000 | PA      | $309933.68    | 0.04%             | 2030-03-20      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                        | US 2YR NOTE (CBT) SEP25                                                                                                            | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |      1653 | NC      | $-626296.19   | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| Chase Mortgage Finance Corporation            | JPMorgan Chase Bank NA - CHASE                                                                                                     | CUSIP: 46591HAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    113410 | PA      | $114184.47    | 0.02%             | 2047-04-25      | Floating      | 6.57%                 | No            |                  2 | On Loan: No      |
| Lendbuzz Securitization Trust                 | Lendbuzz Securitization Trust 2023-2                                                                                               | CUSIP: 52608MAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    446358 | PA      | $453220.88    | 0.06%             | 2028-10-16      | Fixed         | 7.09%                 | No            |                  2 | On Loan: No      |
| ORGANON & CO/ORG                              | Organon & Co / Organon Foreign Debt Co-Issuer BV                                                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    550000 | PA      | $617686.20    | 0.09%             | 2028-04-30      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Prestige Auto Receivables Trust               | Prestige Auto Receivables Trust 2025-1                                                                                             | CUSIP: 74113UAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1380000 | PA      | $1380323.61   | 0.19%             | 2027-12-15      | Fixed         | 4.87%                 | No            |                  2 | On Loan: No      |
| GLS Auto Receivables Trust                    | GLS Auto Receivables Issuer Trust 2024-3                                                                                           | CUSIP: 37989AAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    423288 | PA      | $423786.47    | 0.06%             | 2027-08-16      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                              | Fannie Mae Connecticut Avenue Securities                                                                                           | CUSIP: 20753YCK6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    573097 | PA      | $590690.96    | 0.08%             | 2042-03-25      | Floating      | 7.45%                 | No            |                  2 | On Loan: No      |
| BANCO BILBAO VIZCAYA ARG                      | Banco Bilbao Vizcaya Argentaria SA                                                                                                 | CUSIP: 05946KAQ4<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | DBT              | CORP              | ES        |    200000 | PA      | $205508.00    | 0.03%             | 2029-03-13      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CAJUN GLOBAL LLC                              | Cajun Global LLC                                                                                                                   | CUSIP: 12803VAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    448340 | PA      | $438606.05    | 0.06%             | 2051-11-20      | Fixed         | 3.93%                 | No            |                  2 | On Loan: No      |
| ENI SPA                                       | Eni SpA                                                                                                                            | CUSIP: 26874RAQ1<br>LEI: BUCRF72VH5RBN7X3VL35 | Long             | DBT              | CORP              | IT        |   1033000 | PA      | $1052771.62   | 0.14%             | 2035-05-19      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Chicago Mercantile Exchange                   | Long: BS2LFJ3   IRS USD R V 00MSOFR IS2LFK4 CCPOIS / Short: BS2LFJ3   IRS USD P F  2.00000 IS2LFJ3 CCPOIS                          | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |    715000 | OU      | $24060.35     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust         | Wells Fargo Commercial Mortgage Trust 2016-LC25                                                                                    | CUSIP: 95000JBB3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    330000 | PA      | $310369.82    | 0.04%             | 2059-12-15      | Variable      | 4.33%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                      | Long: BS2LDP5   IRS USD R V 00MSOFR IS2LDQ6 CCPOIS / Short: BS2LDP5   IRS USD P F  1.45100 IS2LDP5 CCPOIS                          | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   1080000 | OU      | $56698.57     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust                | Pagaya AI Debt Trust 2024-3                                                                                                        | CUSIP: 69547XAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    328507 | PA      | $330363.75    | 0.05%             | 2031-10-15      | Fixed         | 6.26%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                           | Freddie Mac STACR REMIC Trust 2025-DNA2                                                                                            | CUSIP: 35564NHZ9<br>LEI: 529900XX8WXEM4FBIH80 | Long             | ABS-MBS          | USGSE             | US        |    501422 | PA      | $502048.81    | 0.07%             | 2045-05-25      | Floating      | 5.55%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                     | Boeing Co/The                                                                                                                      | CUSIP: 097023DB8<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    454000 | PA      | $439580.96    | 0.06%             | 2028-02-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| WOODSIDE FINANCE LTD                          | Woodside Finance Ltd                                                                                                               | CUSIP: 980236AV5<br>LEI: 254900AIZKU6TGRRNZ98 | Long             | DBT              | CORP              | AU        |    397000 | PA      | $405460.07    | 0.06%             | 2035-05-19      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BANCO BILBAO VIZCAYA ARG                      | Banco Bilbao Vizcaya Argentaria SA                                                                                                 | CUSIP: 05946KAN1<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | DBT              | CORP              | ES        |    200000 | PA      | $228608.00    | 0.03%             | 2034-11-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| ROCHE HOLDINGS INC                            | Roche Holdings Inc                                                                                                                 | CUSIP: 771196CP5<br>LEI: PVJRP0EQNV6OGDPZGY95 | Long             | DBT              | CORP              | US        |    914000 | PA      | $910737.02    | 0.13%             | 2029-09-09      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS SANDS CORP                          | Las Vegas Sands Corp                                                                                                               | CUSIP: 517834AM9<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |    467000 | PA      | $474369.26    | 0.07%             | 2028-06-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust                | Pagaya AI Debt Trust 2024-2                                                                                                        | CUSIP: 694961AA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    276671 | PA      | $278457.36    | 0.04%             | 2031-08-15      | Fixed         | 6.32%                 | No            |                  2 | On Loan: No      |
| Arivo Acceptance Auto Loan Receivables Trust  | Arivo Acceptance Auto Loan Receivables Trust 2025-1                                                                                | CUSIP: 039962AF2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    906000 | PA      | $905939.21    | 0.12%             | 2029-05-15      | Fixed         | 4.92%                 | No            |                  2 | On Loan: No      |
| AMERICAN ELECTRIC POWER                       | American Electric Power Co Inc                                                                                                     | CUSIP: 025537BA8<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |    565000 | PA      | $596521.35    | 0.08%             | 2054-12-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| COMISION FEDERAL DE ELEC                      | Comision Federal de Electricidad                                                                                                   | CUSIP: 200447AL4<br>LEI: 4469000001BFPONMPF32 | Long             | DBT              | CORP              | MX        |   1016000 | PA      | $982472.00    | 0.14%             | 2029-05-15      | Fixed         | 4.69%                 | No            |                  2 | On Loan: No      |
| AXON ENTERPRISE INC                           | Axon Enterprise Inc                                                                                                                | CUSIP: 05464CAC5<br>LEI: 549300QP2IEEGFE16681 | Long             | DBT              | CORP              | US        |    535000 | PA      | $547406.65    | 0.08%             | 2030-03-05      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                           | Freddie Mac STACR REMIC Trust 2024-DNA1                                                                                            | CUSIP: 35564NAX1<br>LEI: 529900N6M839KA246662 | Long             | ABS-MBS          | USGSE             | US        |    754422 | PA      | $756770.54    | 0.10%             | 2044-02-25      | Floating      | 5.70%                 | No            |                  2 | On Loan: No      |
| Marlette Funding Trust                        | Marlette Funding Trust 2024-1                                                                                                      | CUSIP: 57108VAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     54281 | PA      | $54320.88     | 0.01%             | 2034-07-17      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                           | American Express Co                                                                                                                | CUSIP: 025816DP1<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    987000 | PA      | $995853.39    | 0.14%             | 2028-02-16      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| GLENCORE FUNDING LLC                          | Glencore Funding LLC                                                                                                               | CUSIP: 378272BQ0<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |    543000 | PA      | $587965.83    | 0.08%             | 2033-10-06      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BELLEMEADE RE LT                              | Bellemeade Re 2022-2 Ltd                                                                                                           | CUSIP: 07876GAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    505254 | PA      | $507746.39    | 0.07%             | 2032-09-27      | Floating      | 8.35%                 | No            |                  2 | On Loan: No      |
| OCP CLO Ltd                                   | OCP CLO 2024-34 Ltd                                                                                                                | CUSIP: 67570MAA8<br>LEI: 213800MLX1S56O7NHK45 | Long             | ABS-CBDO         | CORP              | JE        |    455634 | PA      | $456722.97    | 0.06%             | 2037-10-15      | Floating      | 5.68%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                       | Hyundai Capital America                                                                                                            | CUSIP: 44891ACT2<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |    252000 | PA      | $253998.36    | 0.03%             | 2027-01-08      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Research-Driven Pagaya Motor Asset Trust I    | Research-Driven Pagaya Motor Asset Trust VII                                                                                       | CUSIP: 76088TAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    163771 | PA      | $163783.24    | 0.02%             | 2030-11-25      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust                | Carvana Auto Receivables Trust 2021-P4                                                                                             | CUSIP: 14687KAG1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1206000 | PA      | $1146707.13   | 0.16%             | 2028-09-11      | Fixed         | 2.61%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                  | Broadcom Inc                                                                                                                       | CUSIP: 11135FCA7<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    138000 | PA      | $137224.44    | 0.02%             | 2028-02-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| RAIZEN FUELS FINANCE                          | Raizen Fuels Finance SA                                                                                                            | CUSIP: 75102XAE6<br>LEI: 52990010NH26VC32Q522 | Long             | DBT              | CORP              | LU        |    975000 | PA      | $948480.00    | 0.13%             | 2037-02-25      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                             | HSBC Holdings PLC                                                                                                                  | CUSIP: 404280DS5<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    591000 | PA      | $684295.26    | 0.09%             | 2033-11-03      | Fixed         | 8.11%                 | No            |                  2 | On Loan: No      |
| CONTINENTAL RESOURCES                         | Continental Resources Inc/OK                                                                                                       | CUSIP: 212015AV3<br>LEI: XXRTID9RYWOZ0UPIVR53 | Long             | DBT              | CORP              | US        |   1803000 | PA      | $1524815.13   | 0.21%             | 2032-04-01      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                           | Freddie Mac STACR Debt Notes 2015-HQA2                                                                                             | CUSIP: 3137G0HJ1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     43926 | PA      | $44463.41     | 0.01%             | 2028-05-25      | Floating      | 9.26%                 | No            |                  2 | On Loan: No      |
| SVENSKA HANDELSBANKEN AB                      | Svenska Handelsbanken AB                                                                                                           | CUSIP: 000000000<br>LEI: NHBDILHZTYCNBV5UYZ31 | Long             | DBT              | CORP              | SE        |   1400000 | PA      | $1303750.00   | 0.18%             | 2031-03-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE SA                            | Credit Agricole SA                                                                                                                 | CUSIP: 22535WAR8<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |    329000 | PA      | $334602.87    | 0.05%             | 2031-05-27      | Fixed         | 5.22%                 | No            |                  2 | On Loan: No      |
| GLOBO COMMUNICACOES PART                      | Globo Comunicacao e Participacoes SA                                                                                               | CUSIP: 000000000<br>LEI: 52990054HEKS017PVR75 | Long             | DBT              | CORP              | BR        |    232000 | PA      | $218892.00    | 0.03%             | 2030-01-22      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association      | Government National Mortgage Association                                                                                           | CUSIP: 38380GH49<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    625499 | PA      | $82073.79     | 0.01%             | 2047-09-20      | Floating      | 1.74%                 | No            |                  2 | On Loan: No      |
| Standard Chartered PLC                        | Standard Chartered PLC                                                                                                             | CUSIP: 853254AA8<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |    400000 | PA      | $381364.00    | 0.05%             | 2027-01-30      | Variable      | 6.06%                 | No            |                  2 | On Loan: No      |
| GCI Funding I LLC                             | GCI Funding I LLC                                                                                                                  | CUSIP: 36166VAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    368672 | PA      | $338020.27    | 0.05%             | 2046-06-18      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                   | Freddie Mac REMICS                                                                                                                 | CUSIP: 3137AJ7M0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1300392 | PA      | $134745.24    | 0.02%             | 2041-11-15      | Floating      | 2.15%                 | No            |                  2 | On Loan: No      |
| REPUBLIC SERVICES INC                         | Republic Services Inc                                                                                                              | CUSIP: 760759BL3<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |   1022000 | PA      | $1037452.64   | 0.14%             | 2030-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                        | U.S. Treasury Inflation-Indexed Notes                                                                                              | CUSIP: 912828V49<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   6965416 | PA      | $6871274.09   | 0.95%             | 2027-01-15      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| HONDA MOTOR CO LTD                            | Honda Motor Co Ltd                                                                                                                 | CUSIP: 438127AD4<br>LEI: 549300P7ZYCQJ36CCS16 | Long             | DBT              | CORP              | JP        |   1071000 | PA      | $1069693.38   | 0.15%             | 2028-07-08      | Fixed         | 4.44%                 | No            |                  2 | On Loan: No      |
| Equify ABS, LLC                               | Equify ABS 2024-1 LLC                                                                                                              | CUSIP: 29445TAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    604118 | PA      | $603684.00    | 0.08%             | 2033-04-18      | Fixed         | 5.43%                 | No            |                  2 | On Loan: No      |
| GLENCORE FUNDING LLC                          | Glencore Funding LLC                                                                                                               | CUSIP: 378272BY3<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |    206000 | PA      | $207969.36    | 0.03%             | 2028-04-01      | Fixed         | 4.91%                 | No            |                  2 | On Loan: No      |
| Multifamily Structured Credit Risk            | Freddie Mac Mscr Trust Mn1                                                                                                         | CUSIP: 35563FAA9<br>LEI: 549300XWC4JMK6CH6K84 | Long             | ABS-MBS          | USGSE             | US        |     54597 | PA      | $54423.97     | 0.01%             | 2051-01-25      | Floating      | 6.35%                 | No            |                  2 | On Loan: No      |
| ACM Auto Trust                                | ACM Auto Trust 2024-2                                                                                                              | CUSIP: 00461WAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    548716 | PA      | $549860.34    | 0.08%             | 2029-02-20      | Fixed         | 6.06%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUE                         | Venture Global Plaquemines LNG LLC                                                                                                 | CUSIP: 922966AC0<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |    753000 | PA      | $774520.74    | 0.11%             | 2034-01-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE SA                            | Credit Agricole SA                                                                                                                 | CUSIP: 225313AQ8<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |    677000 | PA      | $703294.68    | 0.10%             | 2035-01-10      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Neighborly Issuer LLC                         | Neighborly Issuer 2023-1                                                                                                           | CUSIP: 64016NAE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1920788 | PA      | $1953949.51   | 0.27%             | 2053-01-30      | Fixed         | 7.31%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                      | Long: BS2G167   IRS USD R V 12MUSCPI IS2G178 CCPINFLATIONZERO / Short: BS2G167   IRS USD P F  3.26250 IS2G167 CCPINFLATIONZERO     | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  61010000 | OU      | $558736.29    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| AB Issuer LLC                                 | AB Issuer LLC                                                                                                                      | CUSIP: 00091JAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1394162 | PA      | $1306238.78   | 0.18%             | 2051-07-30      | Fixed         | 3.73%                 | No            |                  2 | On Loan: No      |
| Lobel Automobile Receivables Trust            | Lobel Automobile Receivables Trust 2025-1                                                                                          | CUSIP: 53948RAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1138838 | PA      | $1139389.37   | 0.16%             | 2027-11-15      | Fixed         | 5.06%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                  | Barclays PLC                                                                                                                       | CUSIP: 06738ECP8<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    329000 | PA      | $334250.84    | 0.05%             | 2028-03-12      | Fixed         | 5.67%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                             | HSBC Holdings PLC                                                                                                                  | CUSIP: 404280EC9<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   1352000 | PA      | $1511387.28   | 0.21%             | 2034-11-13      | Fixed         | 7.40%                 | No            |                  2 | On Loan: No      |
| United States Treasury                        | U.S. Treasury Inflation-Indexed Notes                                                                                              | CUSIP: 9128282L3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  24752948 | PA      | $24418396.53  | 3.36%             | 2027-07-15      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                  | Barclays PLC                                                                                                                       | CUSIP: 06738ECV5<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    569000 | PA      | $566234.66    | 0.08%             | 2035-09-10      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| OMEGA HLTHCARE INVESTORS                      | Omega Healthcare Investors Inc                                                                                                     | CUSIP: 681936BP4<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | DBT              |  | US        |    181000 | PA      | $181544.81    | 0.02%             | 2030-07-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                        | US 5YR NOTE (CBT) SEP25                                                                                                            | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |      -153 | NC      | $-50103.87    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| BX Trust                                      | BX Commercial Mortgage Trust 2019-IMC                                                                                              | CUSIP: 05608BAN0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    895177 | PA      | $870559.63    | 0.12%             | 2034-04-15      | Floating      | 6.54%                 | No            |                  2 | On Loan: No      |
| NEW MOUNTAIN CLO LTD                          | New Mountain CLO 3 Ltd                                                                                                             | CUSIP: 647550AA0<br>LEI: 549300CEYMYPINCEX579 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $500284.50    | 0.07%             | 2034-10-20      | Floating      | 5.77%                 | No            |                  2 | On Loan: No      |
| OCHSNER LSU HEALTH SYST                       | Ochsner LSU Health System of North Louisiana                                                                                       | CUSIP: 67555JAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1190000 | PA      | $978180.00    | 0.13%             | 2031-05-15      | Fixed         | 2.51%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                  | UBS Group AG                                                                                                                       | CUSIP: 225401AP3<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    614000 | PA      | $600240.26    | 0.08%             | 2031-04-01      | Fixed         | 4.19%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                       | Hyundai Capital America                                                                                                            | CUSIP: 44891ADB0<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |    151000 | PA      | $152411.85    | 0.02%             | 2027-06-24      | Fixed         | 5.28%                 | No            |                  2 | On Loan: No      |
| Chicago Mercantile Exchange                   | Long: BS2LFV5   IRS USD R V 00MSOFR IS2LFW6 CCPOIS / Short: BS2LFV5   IRS USD P F  3.50000 IS2LFV5 CCPOIS                          | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |    595000 | OU      | $42089.51     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| ELECTRICITE DE FRANCE SA                      | Electricite de France SA                                                                                                           | CUSIP: 28504KAA5<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |    415000 | PA      | $476461.50    | 0.07%             | 2033-03-15      | Fixed         | 9.12%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                 | Citigroup Inc                                                                                                                      | CUSIP: 172967PU9<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     85000 | PA      | $87329.85     | 0.01%             | 2036-01-24      | Fixed         | 6.02%                 | No            |                  2 | On Loan: No      |
| College Ave Student Loans                     | College Ave Student Loans 2021-C LLC                                                                                               | CUSIP: 19424WAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    423493 | PA      | $383811.99    | 0.05%             | 2055-07-26      | Fixed         | 2.72%                 | No            |                  2 | On Loan: No      |
| Chicago Mercantile Exchange                   | Long: BS2LEJ6   IRS USD R V 00MSOFR IS2LEK7 CCPOIS / Short: BS2LEJ6   IRS USD P F  1.97000 IS2LEJ6 CCPOIS                          | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |   2106000 | OU      | $55471.30     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Public Finance Authority                      | PUBLIC FIN AUTH WI TOLL REVENUE                                                                                                    | CUSIP: 74448UAB4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    675000 | PA      | $650077.45    | 0.09%             | 2060-06-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| IMPERIAL BRANDS FIN PLC                       | Imperial Brands Finance PLC                                                                                                        | CUSIP: 45262BAJ2<br>LEI: 2138008L3B3MCG1DFS50 | Long             | DBT              | CORP              | GB        |    378000 | PA      | $377304.48    | 0.05%             | 2028-06-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| United Auto Credit Securitization Trust       | United Auto Credit Securitization Trust 2025-1                                                                                     | CUSIP: 90945JAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1049901 | PA      | $1049695.27   | 0.14%             | 2027-06-10      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR COMPANY                            | Ford Motor Co                                                                                                                      | CUSIP: 345370DA5<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |    532000 | PA      | $450822.12    | 0.06%             | 2032-02-12      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                         | Toronto-Dominion Bank/The                                                                                                          | CUSIP: 89116CQJ9<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    317000 | PA      | $318689.61    | 0.04%             | 2034-09-10      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Chicago Mercantile Exchange                   | Long: BS2LF93   IRS USD R V 00MSOFR IS2LFA4 CCPOIS / Short: BS2LF93   IRS USD P F  1.17000 IS2LF93 CCPOIS                          | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |   5400000 | OU      | $321624.11    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                         | Athene Global Funding                                                                                                              | CUSIP: 04685A2R1<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |     65000 | PA      | $57581.55     | 0.01%             | 2030-11-19      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| LIMA METRO LINE 2 FIN LT                      | Lima Metro Line 2 Finance Ltd                                                                                                      | CUSIP: 532522AB5<br>LEI: 5493009BVQNQT1UKQ352 | Long             | DBT              | CORP              | KY        |    187748 | PA      | $176792.76    | 0.02%             | 2036-04-05      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                              | Fannie Mae Connecticut Avenue Securities                                                                                           | CUSIP: 20755TAA9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    494593 | PA      | $494593.13    | 0.07%             | 2045-05-25      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                         | Athene Global Funding                                                                                                              | CUSIP: 04685A3Q2<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |     49000 | PA      | $50378.86     | 0.01%             | 2029-01-09      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| VOLCAN CIA MINERA SAA-CM                      | Volcan Cia Minera SAA                                                                                                              | CUSIP: 92863UAC0<br>LEI: 549300XKJ91C4SZLG750 | Long             | DBT              | CORP              | PE        |    126000 | PA      | $126000.00    | 0.02%             | 2030-01-24      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Chicago Mercantile Exchange                   | Long: BS2LFF9   IRS USD R V 00MSOFR IS2LFG0 CCPOIS / Short: BS2LFF9   IRS USD P F  1.30000 IS2LFF9 CCPOIS                          | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |   3170000 | OU      | $363573.24    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| LAD Auto Receivables Trust                    | LAD Auto Receivables Trust 2022-1                                                                                                  | CUSIP: 501687AA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     94362 | PA      | $94391.63     | 0.01%             | 2027-06-15      | Fixed         | 5.21%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                            | Banco Santander SA                                                                                                                 | CUSIP: 05964HBD6<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    200000 | PA      | $210050.00    | 0.03%             | 2034-03-14      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                  | GS Mortgage Securities Trust 2011-GC5                                                                                              | CUSIP: 36191YAL2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     18714 | PA      | $13666.40     | 0.00%             | 2044-08-10      | Variable      | 5.15%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                           | Charles Schwab Corp/The                                                                                                            | CUSIP: 808513BK0<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |   1366000 | PA      | $1345209.48   | 0.19%             | 2026-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Nelnet Student Loan Trust                     | Nelnet Student Loan Trust 2021-C                                                                                                   | CUSIP: 64035GAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    757855 | PA      | $656586.32    | 0.09%             | 2062-04-20      | Fixed         | 2.53%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                           | Freddie Mac STACR REMIC Trust 2025-DNA2                                                                                            | CUSIP: 35564NHY2<br>LEI: 529900XX8WXEM4FBIH80 | Long             | ABS-MBS          | USGSE             | US        |    477634 | PA      | $478082.92    | 0.07%             | 2045-05-25      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| HSBC Securities USA, Inc.                     | REVERSE REPO HSBC                                                                                                                  | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | Short            | RA               | CORP              | US        | -15168750 | PA      | $-15168750.00 | -2.09%            |  |  |  | No            |                  1 | On Loan: No      |
| KIOXIA HOLDINGS CORP                          | Kioxia Holdings Corp                                                                                                               | CUSIP: 49726JAB4<br>LEI: 35380080RTKRARNH4R73 | Long             | DBT              | CORP              | JP        |   1080000 | PA      | $1070679.60   | 0.15%             | 2033-07-24      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| MARRIOTT INTERNATIONAL                        | Marriott International Inc/MD                                                                                                      | CUSIP: 571903BU6<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |     64000 | PA      | $63920.00     | 0.01%             | 2037-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                      | Occidental Petroleum Corp                                                                                                          | CUSIP: 674599EJ0<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    283000 | PA      | $283798.06    | 0.04%             | 2029-08-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                   | Freddie Mac REMICS                                                                                                                 | CUSIP: 3137BYRV4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    856944 | PA      | $95856.06     | 0.01%             | 2047-06-15      | Floating      | 1.70%                 | No            |                  2 | On Loan: No      |
| Neighborly Issuer LLC                         | Neighborly Issuer 2022-1                                                                                                           | CUSIP: 64016NAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1606725 | PA      | $1485758.37   | 0.20%             | 2052-01-30      | Fixed         | 3.69%                 | No            |                  2 | On Loan: No      |
| LIMA METRO LINE 2 FIN LT                      | Lima Metro Line 2 Finance Ltd                                                                                                      | CUSIP: 000000000<br>LEI: 5493009BVQNQT1UKQ352 | Long             | DBT              | CORP              | KY        |    233695 | PA      | $237464.84    | 0.03%             | 2034-07-05      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ECOPETROL SA                                  | Ecopetrol SA                                                                                                                       | CUSIP: 279158AT6<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |   1134000 | PA      | $1217292.30   | 0.17%             | 2029-01-19      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group PLC                      | Lloyds Banking Group PLC                                                                                                           | CUSIP: 539439AU3<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |   1010000 | PA      | $1011828.10   | 0.14%             | 2025-09-29      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                 | Citigroup Inc                                                                                                                      | CUSIP: 172967PE5<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     43000 | PA      | $44897.16     | 0.01%             | 2028-11-15      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| SBNA Auto Receivables Trust                   | SBNA Auto Receivables Trust 2025-SF1                                                                                               | CUSIP: 78437XAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    307202 | PA      | $307182.62    | 0.04%             | 2031-03-17      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| PRINCIPAL LFE GLB FND II                      | Principal Life Global Funding II                                                                                                   | CUSIP: 74256LEY1<br>LEI: 635400WSLKBQWSOIIT41 | Long             | DBT              | CORP              | US        |    639000 | PA      | $651160.17    | 0.09%             | 2029-01-25      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| WOODSIDE FINANCE LTD                          | Woodside Finance Ltd                                                                                                               | CUSIP: 980236AT0<br>LEI: 254900AIZKU6TGRRNZ98 | Long             | DBT              | CORP              | AU        |    152000 | PA      | $154181.20    | 0.02%             | 2030-05-19      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Mission Lane Credit Card Master Trust         | Mission Lane Credit Card Master Trust                                                                                              | CUSIP: 60510MBE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1624000 | PA      | $1632411.83   | 0.22%             | 2030-01-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| PROSUS NV                                     | Prosus NV                                                                                                                          | CUSIP: 74365PAG3<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | DBT              | CORP              | NL        |    593000 | PA      | $580214.92    | 0.08%             | 2027-01-19      | Fixed         | 3.26%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                           | American Tower Corp                                                                                                                | CUSIP: 03027XCG3<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |    432000 | PA      | $440683.20    | 0.06%             | 2029-02-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| WYNN MACAU LTD                                | Wynn Macau Ltd                                                                                                                     | CUSIP: 98313RAH9<br>LEI: 254900NMDQ8ENTHU1I31 | Long             | DBT              | CORP              | KY        |    483000 | PA      | $477735.30    | 0.07%             | 2028-08-26      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| TSMC ARIZONA CORP                             | TSMC Arizona Corp                                                                                                                  | CUSIP: 872898AF8<br>LEI: 2549005GOBWLCSY63Q97 | Long             | DBT              | CORP              | US        |   1009000 | PA      | $1000393.23   | 0.14%             | 2027-04-22      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ENGIE ENERGIA CHILE SA                        | Engie Energia Chile SA                                                                                                             | CUSIP: 000000000<br>LEI: 5493000FIKCC3ZDWTO77 | Long             | DBT              | CORP              | CL        |    551000 | PA      | $512259.19    | 0.07%             | 2030-01-28      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                        | US ULTRA BOND CBT SEP25                                                                                                            | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |       -51 | NC      | $-47312.91    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Tricolor Auto Securitization Trust            | Tricolor Auto Securitization Trust 2025-1                                                                                          | CUSIP: 89617CAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1133051 | PA      | $1133430.89   | 0.16%             | 2029-02-15      | Fixed         | 4.94%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                      | Ford Motor Credit Co LLC                                                                                                           | CUSIP: 345397E66<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    511000 | PA      | $499022.16    | 0.07%             | 2034-03-08      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Chicago Mercantile Exchange                   | Long: BS2LFD7   IRS USD R V 00MSOFR IS2LFE8 CCPOIS / Short: BS2LFD7   IRS USD P F  1.98500 IS2LFD7 CCPOIS                          | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |   5395000 | OU      | $328460.28    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| VZ VENDOR FINANCING                           | VZ Vendor Financing II BV                                                                                                          | CUSIP: 000000000<br>LEI: 724500DRKUUR3GFOSK76 | Long             | DBT              | CORP              | NL        |    561000 | PA      | $585378.67    | 0.08%             | 2029-01-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| CONTINENTAL RESOURCES                         | Continental Resources Inc/OK                                                                                                       | CUSIP: 212015AT8<br>LEI: XXRTID9RYWOZ0UPIVR53 | Long             | DBT              | CORP              | US        |    796000 | PA      | $800115.32    | 0.11%             | 2031-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SYNCHRONY FINANCIAL                           | Synchrony Financial                                                                                                                | CUSIP: 87165BAW3<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |    321000 | PA      | $323230.95    | 0.04%             | 2031-03-06      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| GLENCORE FUNDING LLC                          | Glencore Funding LLC                                                                                                               | CUSIP: 378272BR8<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |    111000 | PA      | $112298.70    | 0.02%             | 2027-04-04      | Fixed         | 5.34%                 | No            |                  2 | On Loan: No      |
| AVIATION CAPITAL GROUP                        | Aviation Capital Group LLC                                                                                                         | CUSIP: 05369AAD3<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |      7000 | PA      | $7000.00      | 0.00%             | 2025-08-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| United States Treasury                        | U.S. Treasury Inflation-Indexed Notes                                                                                              | CUSIP: 91282CHP9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  45434466 | PA      | $44039485.68  | 6.06%             | 2033-07-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| UNICREDIT SPA                                 | UniCredit SpA                                                                                                                      | CUSIP: 904678AW9<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |    204000 | PA      | $199481.40    | 0.03%             | 2027-06-03      | Fixed         | 1.98%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                        | Philip Morris International Inc                                                                                                    | CUSIP: 718172DT3<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |   1032000 | PA      | $1024652.16   | 0.14%             | 2030-04-30      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                           | Freddie Mac STACR REMIC Trust 2022-DNA4                                                                                            | CUSIP: 35564KWT2<br>LEI: 5493000IS4CDPWRMWB65 | Long             | ABS-MBS          | USGSE             | US        |   2051355 | PA      | $2133406.12   | 0.29%             | 2042-05-25      | Floating      | 7.70%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                      | Capital One Financial Corp                                                                                                         | CUSIP: 14040HDA0<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    949000 | PA      | $1011709.92   | 0.14%             | 2034-06-08      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                 | Citigroup Inc                                                                                                                      | CUSIP: 172967NB3<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    480000 | PA      | $467712.00    | 0.06%             | 2026-11-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Diamond Issuer LLC                            | Diamond Issuer LLC                                                                                                                 | CUSIP: 25267TAN1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2151875 | PA      | $2026412.94   | 0.28%             | 2051-11-20      | Fixed         | 2.31%                 | No            |                  2 | On Loan: No      |
| FLUTTER TREASURY DAC                          | Flutter Treasury DAC                                                                                                               | CUSIP: 344045AB5<br>LEI: 635400JE8VLL9UFVIC38 | Long             | DBT              | CORP              | IE        |    483000 | PA      | $486762.57    | 0.07%             | 2031-06-04      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Lendbuzz Securitization Trust                 | Lendbuzz Securitization Trust 2025-2                                                                                               | CUSIP: 52611JAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1120000 | PA      | $1121799.50   | 0.15%             | 2030-05-15      | Fixed         | 5.18%                 | No            |                  2 | On Loan: No      |
| Chicago Mercantile Exchange                   | Long: BS2LFB5   IRS USD R V 00MSOFR IS2LFC6 CCPOIS / Short: BS2LFB5   IRS USD P F  2.23500 IS2LFB5 CCPOIS                          | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |   7030000 | OU      | $227572.22    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| CENTERPOINT ENER HOUSTON                      | CenterPoint Energy Houston Electric LLC                                                                                            | CUSIP: 15189XBB3<br>LEI: 549300S8SEQBOJLKHW63 | Long             | DBT              | CORP              | US        |     79000 | PA      | $79304.94     | 0.01%             | 2033-04-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                            | Banco Santander SA                                                                                                                 | CUSIP: 05964HAV7<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    800000 | PA      | $871472.00    | 0.12%             | 2033-08-08      | Fixed         | 6.92%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                 | Citigroup Inc                                                                                                                      | CUSIP: 172967PZ8<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   1036000 | PA      | $1036973.84   | 0.14%             | 2028-05-07      | Fixed         | 4.64%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                           | Freddie Mac STACR REMIC Trust 2022-DNA3                                                                                            | CUSIP: 35564KUX5<br>LEI: 5493000IS4M3TZMRB410 | Long             | ABS-MBS          | USGSE             | US        |   1068552 | PA      | $1100822.27   | 0.15%             | 2042-04-25      | Floating      | 7.25%                 | No            |                  2 | On Loan: No      |
| MVW Owner Trust                               | MVW 2021-2 LLC                                                                                                                     | CUSIP: 55400KAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    333574 | PA      | $316158.10    | 0.04%             | 2039-05-20      | Fixed         | 1.83%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                              | Deutsche Bank AG/New York NY                                                                                                       | CUSIP: 25160PAQ0<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    258000 | PA      | $262205.40    | 0.04%             | 2029-01-10      | Fixed         | 5.37%                 | No            |                  2 | On Loan: No      |
| IMPERIAL BRANDS FIN PLC                       | Imperial Brands Finance PLC                                                                                                        | CUSIP: 45262BAC7<br>LEI: 2138008L3B3MCG1DFS50 | Long             | DBT              | CORP              | GB        |    208000 | PA      | $201308.64    | 0.03%             | 2029-07-26      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                      | Long: BS2GTS5   IRS USD R V 12MUSCPI IS2GTT6 CCPINFLATIONZERO / Short: BS2GTS5   IRS USD P F  2.77750 IS2GTS5 CCPINFLATIONZERO     | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  29760000 | OU      | $745920.41    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust                | Pagaya AI Debt Trust 2025-4                                                                                                        | CUSIP: 69547DAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    276670 | PA      | $277866.76    | 0.04%             | 2033-01-17      | Fixed         | 5.37%                 | No            |                  2 | On Loan: No      |
| BANQUE FED CRED MUTUEL                        | Banque Federative du Credit Mutuel SA                                                                                              | CUSIP: 06675DCR1<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |   1075000 | PA      | $1077977.75   | 0.15%             | 2028-10-16      | Fixed         | 4.59%                 | No            |                  2 | On Loan: No      |
| CPS Auto Trust                                | CPS Auto Receivables Trust 2021-C                                                                                                  | CUSIP: 12598CAG1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    251341 | PA      | $249826.92    | 0.03%             | 2027-06-15      | Fixed         | 1.69%                 | No            |                  2 | On Loan: No      |
| Dryden Senior Loan Fund                       | Dryden 98 CLO Ltd                                                                                                                  | CUSIP: 26248AAJ3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $498904.00    | 0.07%             | 2035-04-20      | Floating      | 7.42%                 | No            |                  2 | On Loan: No      |
| NIAGARA MOHAWK POWER                          | Niagara Mohawk Power Corp                                                                                                          | CUSIP: 653522DT6<br>LEI: 3T97Y9RR5EN5Y18QHB56 | Long             | DBT              | CORP              | US        |   1077000 | PA      | $1070279.52   | 0.15%             | 2030-10-03      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI TR BK LT                      | Sumitomo Mitsui Trust Bank Ltd                                                                                                     | CUSIP: 86563VBT5<br>LEI: 5493006GGLR4BTEL8O61 | Long             | DBT              | CORP              | JP        |    236000 | PA      | $235978.76    | 0.03%             | 2027-09-10      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN                      | Hilton Domestic Operating Co Inc                                                                                                   | CUSIP: 432833AP6<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |    383000 | PA      | $389139.49    | 0.05%             | 2029-03-22      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Oportun Funding LLC                           | Oportun Funding Trust 2025-1                                                                                                       | CUSIP: 68377PAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    677051 | PA      | $675952.30    | 0.09%             | 2032-08-16      | Fixed         | 4.96%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                         | Athene Global Funding                                                                                                              | CUSIP: 04685A4R9<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |    394000 | PA      | $396580.70    | 0.05%             | 2030-07-17      | Fixed         | 5.03%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES CORP                          | Targa Resources Corp                                                                                                               | CUSIP: 87612GAP6<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |    192000 | PA      | $192969.60    | 0.03%             | 2030-09-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| LGENERGYSOLUTION                              | LG Energy Solution Ltd                                                                                                             | CUSIP: 50205MAG4<br>LEI: 988400QX6P286XA6ZS85 | Long             | DBT              | CORP              | KR        |   1712000 | PA      | $1735146.24   | 0.24%             | 2030-04-02      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| GSF 2021 1 ISSUER LLC                         | GSF 2021 1 ISSUER LLC                                                                                                              | CUSIP: 36261CAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    388770 | PA      | $384104.91    | 0.05%             | 2026-08-06      | Variable      | 3.76%                 | No            |                  2 | On Loan: No      |
| AVIATION CAPITAL GROUP                        | Aviation Capital Group LLC                                                                                                         | CUSIP: 05369AAR2<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |    202000 | PA      | $202020.20    | 0.03%             | 2027-04-14      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| AIB GROUP PLC                                 | AIB Group PLC                                                                                                                      | CUSIP: 00135TAF1<br>LEI: 635400AKJBGNS5WNQL34 | Long             | DBT              | CORP              | IE        |   1035000 | PA      | $1052470.80   | 0.14%             | 2031-05-15      | Fixed         | 5.32%                 | No            |                  2 | On Loan: No      |
| GLENCORE FUNDING LLC                          | Glencore Funding LLC                                                                                                               | CUSIP: 378272BZ0<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |     89000 | PA      | $90472.06     | 0.01%             | 2030-04-01      | Fixed         | 5.19%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                              | Fannie Mae Connecticut Avenue Securities                                                                                           | CUSIP: 20754VAB3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1252054 | PA      | $1259276.47   | 0.17%             | 2045-03-25      | Floating      | 5.95%                 | No            |                  2 | On Loan: No      |
| Pagaya Point of Sale Holdings Grantor Trust   | Pagaya Point of Sale Holdings Grantor Trust 2025-1                                                                                 | CUSIP: 694952AA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    564828 | PA      | $567625.03    | 0.08%             | 2034-01-20      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.                 | PURCHASED USD / SOLD EUR                                                                                                           | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $22698.05     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Avis Budget Rental Car Funding AESOP LLC      | Avis Budget Rental Car Funding AESOP LLC                                                                                           | CUSIP: 05377RGU2<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |   1294000 | PA      | $1305879.05   | 0.18%             | 2028-02-22      | Fixed         | 5.44%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                   | Freddie Mac REMICS                                                                                                                 | CUSIP: 3137FR3C3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    997730 | PA      | $110752.99    | 0.02%             | 2050-02-25      | Floating      | 1.59%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust                | Pagaya AI Debt Grantor Trust 2025-3                                                                                                | CUSIP: 69544TAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    433272 | PA      | $435107.82    | 0.06%             | 2032-12-15      | Fixed         | 5.37%                 | No            |                  2 | On Loan: No      |
| United States Treasury                        | U.S. Treasury Inflation-Indexed Notes                                                                                              | CUSIP: 91282CEZ0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3195966 | PA      | $2979988.69   | 0.41%             | 2032-07-15      | Fixed         | 0.62%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                              | Deutsche Bank AG/New York NY                                                                                                       | CUSIP: 25160PAN7<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    233000 | PA      | $238163.28    | 0.03%             | 2027-07-13      | Fixed         | 7.15%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                      | Lloyds Banking Group PLC                                                                                                           | CUSIP: 539439BD0<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |   1036000 | PA      | $1042164.20   | 0.14%             | 2029-06-13      | Fixed         | 4.82%                 | No            |                  2 | On Loan: No      |
| Oportun Funding LLC                           | Oportun Funding Trust 2024-3                                                                                                       | CUSIP: 68377NAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    396650 | PA      | $396669.26    | 0.05%             | 2029-08-15      | Fixed         | 5.26%                 | No            |                  2 | On Loan: No      |
| Lendbuzz Securitization Trust                 | Lendbuzz Securitization Trust 2025-1                                                                                               | CUSIP: 525938AC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1419000 | PA      | $1422884.65   | 0.20%             | 2030-10-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| AES PANAMA GENERATION HL                      | AES Panama Generation Holdings SRL                                                                                                 | CUSIP: 00109AAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | PA        |    336820 | PA      | $306169.40    | 0.04%             | 2030-05-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Tricolor Auto Securitization Trust            | Tricolor Auto Securitization Trust 2024-2                                                                                          | CUSIP: 89616PAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    126780 | PA      | $127057.76    | 0.02%             | 2027-12-15      | Fixed         | 6.36%                 | No            |                  2 | On Loan: No      |
| EAGLE FUNDING LUXCO SARL                      | Eagle Funding Luxco Sarl                                                                                                           | CUSIP: 26951TAA8<br>LEI: 894500VDP08MVIZ6OA60 | Long             | DBT              | NUSS              | LU        |    719000 | PA      | $723817.30    | 0.10%             | 2030-08-17      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae REMICS                                                                                                                  | CUSIP: 3136AXSW6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    701368 | PA      | $74597.99     | 0.01%             | 2047-08-25      | Floating      | 1.69%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC   | BBCMS 2020-BID Mortgage Trust                                                                                                      | CUSIP: 05493BAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1383000 | PA      | $1382567.81   | 0.19%             | 2037-10-15      | Floating      | 6.60%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust                | Pagaya AI Debt Grantor Trust 2025-1                                                                                                | CUSIP: 69544NAF4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    800717 | PA      | $801161.56    | 0.11%             | 2032-07-15      | Variable      | 5.04%                 | No            |                  2 | On Loan: No      |
| KALLPA GENERACION SA                          | Kallpa Generacion SA                                                                                                               | CUSIP: 48344FAB6<br>LEI: 549300NG1PWEI5BZG095 | Long             | DBT              | CORP              | PE        |    407000 | PA      | $417651.19    | 0.06%             | 2032-01-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| VAR ENERGI ASA                                | Var Energi ASA                                                                                                                     | CUSIP: 92212WAE0<br>LEI: 549300LIVN3FFOJN2K47 | Long             | DBT              | CORP              | NO        |    680000 | PA      | $772670.40    | 0.11%             | 2032-11-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                           | Freddie Mac STACR REMIC Trust 2021-DNA5                                                                                            | CUSIP: 35564KHE2<br>LEI: 5493000ISU5NYXNHD479 | Long             | ABS-MBS          | USGSE             | US        |    187208 | PA      | $187909.90    | 0.03%             | 2034-01-25      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| VAR ENERGI ASA                                | Var Energi ASA                                                                                                                     | CUSIP: 92212WAD2<br>LEI: 549300LIVN3FFOJN2K47 | Long             | DBT              | CORP              | NO        |    867000 | PA      | $917251.32    | 0.13%             | 2028-01-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                      | Long: BS2GTU7   IRS USD R V 12MUSCPI IS2GTV8 CCPINFLATIONZERO / Short: BS2GTU7   IRS USD P F  2.77000 IS2GTU7 CCPINFLATIONZERO     | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  29760000 | OU      | $757507.47    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Affirm Inc                                    | Affirm Asset Securitization Trust 2025-X1                                                                                          | CUSIP: 00834MAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1144462 | PA      | $1145050.96   | 0.16%             | 2030-04-15      | Fixed         | 5.08%                 | No            |                  2 | On Loan: No      |
| ENGIE ENERGIA CHILE SA                        | Engie Energia Chile SA                                                                                                             | CUSIP: 29287TAB5<br>LEI: 5493000FIKCC3ZDWTO77 | Long             | DBT              | CORP              | CL        |    240000 | PA      | $251520.00    | 0.03%             | 2034-04-17      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| VIATRIS INC                                   | Viatris Inc                                                                                                                        | CUSIP: 92556VAD8<br>LEI: 254900ZZTSW7NL773X71 | Long             | DBT              | CORP              | US        |    517000 | PA      | $458387.71    | 0.06%             | 2030-06-22      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| HARLEY-DAVIDSON FINL SER                      | Harley-Davidson Financial Services Inc                                                                                             | CUSIP: 41283LBA2<br>LEI: RLUFFFFW4GRYU77BTS24 | Long             | DBT              | CORP              | US        |   1879000 | PA      | $1831404.93   | 0.25%             | 2027-02-14      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| OLEODUCTO CENTRAL SA                          | Oleoducto Central SA                                                                                                               | CUSIP: 680617AC1<br>LEI: 254900W4CPYCQFVH5E92 | Long             | DBT              | CORP              | CO        |    229000 | PA      | $222805.55    | 0.03%             | 2027-07-14      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC                      | Warnermedia Holdings Inc                                                                                                           | CUSIP: 55903VBL6<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    297000 | PA      | $291065.94    | 0.04%             | 2027-03-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Chicago Mercantile Exchange                   | Long: BS2LF71   IRS USD R V 00MSOFR IS2LF82 CCPOIS / Short: BS2LF71   IRS USD P F  2.41000 IS2LF71 CCPOIS                          | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |   1490000 | OU      | $203476.19    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Natixis Commercial Mortgage Securities        | Natixis Commercial Mortgage Securities Trust 2019-MILE                                                                             | CUSIP: 63875FAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    391372 | PA      | $373956.99    | 0.05%             | 2036-07-15      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                  | Broadcom Inc                                                                                                                       | CUSIP: 11135FCL3<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    259000 | PA      | $260077.44    | 0.04%             | 2032-07-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                    | Fannie Mae REMICS                                                                                                                  | CUSIP: 3136B0CN4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1010642 | PA      | $115336.06    | 0.02%             | 2047-12-25      | Floating      | 1.74%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                      | PUBLIC FIN AUTH WI TOLL REVENUE                                                                                                    | CUSIP: 74448UAD0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    615000 | PA      | $586318.25    | 0.08%             | 2065-12-31      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SANTANDER UK GROUP HLDGS                      | Santander UK Group Holdings PLC                                                                                                    | CUSIP: 80281LAV7<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |    223000 | PA      | $230655.59    | 0.03%             | 2031-04-15      | Fixed         | 5.69%                 | No            |                  2 | On Loan: No      |
| DANSKE BANK A/S                               | Danske Bank A/S                                                                                                                    | CUSIP: 23636ABJ9<br>LEI: MAES062Z21O4RZ2U7M96 | Long             | DBT              | CORP              | DK        |    419000 | PA      | $417131.26    | 0.06%             | 2030-10-02      | Fixed         | 4.61%                 | No            |                  2 | On Loan: No      |
| United States Treasury                        | U.S. Treasury Inflation-Indexed Notes                                                                                              | CUSIP: 912828ZZ6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 248810012 | PA      | $233978601.00 | 32.20%            | 2030-07-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL INC                            | Ally Financial Inc                                                                                                                 | CUSIP: 02005NBZ2<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |    267000 | PA      | $271923.48    | 0.04%             | 2029-05-15      | Fixed         | 5.74%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                  | Broadcom Inc                                                                                                                       | CUSIP: 11135FBZ3<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    346000 | PA      | $350172.76    | 0.05%             | 2027-07-12      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                        | US 10YR ULTRA FUT SEP25                                                                                                            | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |      -212 | NC      | $-81091.55    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| ROMANIA                                       | Romanian Government International Bond                                                                                             | CUSIP: 77586RAY6<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |   1700000 | PA      | $1707650.00   | 0.24%             | 2030-09-16      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                     | Morgan Stanley Bank of America Merrill Lynch Trust 2015-C25                                                                        | CUSIP: 61765TAG8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1436544 | PA      | $14.37        | 0.00%             | 2048-10-15      | Variable      | 0.98%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                           | Freddie Mac STACR REMIC Trust 2022-DNA5                                                                                            | CUSIP: 35564KYP8<br>LEI: 5493000IS349P4O9HR58 | Long             | ABS-MBS          | USGSE             | US        |   3680636 | PA      | $3909640.39   | 0.54%             | 2042-06-25      | Floating      | 8.85%                 | No            |                  2 | On Loan: No      |
| AS MILEAGE PLAN IP LTD                        | AS Mileage Plan IP Ltd                                                                                                             | CUSIP: 00218QAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    114000 | PA      | $113152.98    | 0.02%             | 2029-10-20      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                              | Fannie Mae Connecticut Avenue Securities                                                                                           | CUSIP: 20754LAB5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2898843 | PA      | $2930265.88   | 0.40%             | 2041-12-25      | Floating      | 6.25%                 | No            |                  2 | On Loan: No      |
| TERRAFORM GLOBAL OPERATI                      | Terraform Global Operating LP                                                                                                      | CUSIP: 88104UAC7<br>LEI: 549300LC7QMVR79H5O86 | Long             | DBT              | CORP              | US        |     34000 | PA      | $33692.30     | 0.00%             | 2026-03-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                             | NatWest Group PLC                                                                                                                  | CUSIP: 639057AB4<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    270000 | PA      | $243394.20    | 0.03%             | 2035-11-28      | Fixed         | 3.03%                 | No            |                  2 | On Loan: No      |
| United States Treasury                        | U.S. Treasury Inflation-Indexed Notes                                                                                              | CUSIP: 912828S50<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  29597518 | PA      | $29366287.71  | 4.04%             | 2026-07-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                        | Williams Cos Inc/The                                                                                                               | CUSIP: 969457CR9<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |   1075000 | PA      | $1070872.00   | 0.15%             | 2030-06-30      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC                      | Vistra Operations Co LLC                                                                                                           | CUSIP: 92840VAQ5<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    272000 | PA      | $299216.32    | 0.04%             | 2033-10-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| Flagship Credit Auto Trust                    | Flagship Credit Auto Trust 2024-3                                                                                                  | CUSIP: 33843YAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    383605 | PA      | $384029.86    | 0.05%             | 2028-11-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-28

**Name of Applicant:** AB BOND FUND, INC.

**Signature:** Stephen Woetzel

**Name of Signer:** Stephen Woetzel

**Title:** Controller