# EDGAR Filing Document

**Accession Number:** 0000787623
**File Stem:** 0001752724-23-072423
**Filing Date:** 2023-3
**Character Count:** 310672
**Document Hash:** 25f951cd73663f09d4fcf928af691037
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-072423.hdr.sgml**: 20230329

**ACCESSION NUMBER**: 0001752724-23-072423

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230329

**DATE AS OF CHANGE**: 20230329

**PERIOD START**: 20231031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TRANSAMERICA FUNDS
- **CENTRAL INDEX KEY:** 0000787623
- **IRS NUMBER:** 000000000
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04556
- **FILM NUMBER:** 23774877

**BUSINESS ADDRESS:**
- **STREET 1:** 1801 CALIFORNIA STREET
- **STREET 2:** SUITE 5200
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80202
- **BUSINESS PHONE:** 720-482-8836

**MAIL ADDRESS:**
- **STREET 1:** 1801 CALIFORNIA STREET
- **STREET 2:** SUITE 5200
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80202

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TRANSAMERICA IDEX MUTUAL FUNDS
- **DATE OF NAME CHANGE:** 20040301

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** IDEX MUTUAL FDS
- **DATE OF NAME CHANGE:** 20010504

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** IDEX MUTUAL FUNDS /
- **DATE OF NAME CHANGE:** 20010423

## Series and Classes Contracts Data

### Transamerica Core Bond (formerly Transamerica Intermediate Bond) (Series ID: S000044275)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000137931 | I2           |  |
| C000171829 | R            | TMBRX           |
| C000171830 | R4           | TMBFX           |
| C000171831 | I3           | TMBTX           |
| C000228029 | R6           | TAGMX           |
| C000240465 | I            | TABGX           |
| C000240466 | A            | TABDX           |
| C000240467 | C            | TABEX           |

## Nport-Ex

**Transamerica Core Bond** 

------

**SCHEDULE OF INVESTMENTS** 

**At January 31, 2023** 

**(unaudited)** 

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **ASSET-BACKED SECURITIES - 5.1%** | **ASSET-BACKED SECURITIES - 5.1%** | **ASSET-BACKED SECURITIES - 5.1%** |
|  321 Henderson Receivables VI LLC | 321 Henderson Receivables VI LLC | 321 Henderson Receivables VI LLC |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2010-1A, Class A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.56%, 07/15/2059 <sup>(A)</sup> | $3372379 | $3290566 |
|  Accelerated LLC | Accelerated LLC | Accelerated LLC |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-1H, Class A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.35%, 10/20/2040 <sup>(A)</sup> | 802141 | 731642 |
|  Bavarian Sky UK 5 PLC | Bavarian Sky UK 5 PLC | Bavarian Sky UK 5 PLC |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014-1A, Class A1A2, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 1.20%,<br>6.01% <sup>(B)</sup>, 10/20/2034 <sup>(A)</sup> | 7305000 | 7096618 |
|  BXG Receivables Note Trust | BXG Receivables Note Trust | BXG Receivables Note Trust |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015-A, Class A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 05/02/2030 <sup>(A)</sup> | 227449 | 218619 |
|  CIFC Funding Ltd. | CIFC Funding Ltd. | CIFC Funding Ltd. |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013-2A, Class A1L2, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 1.00%,<br>5.79% <sup>(B)</sup>, 10/18/2030 <sup>(A)</sup> | 6155431 | 6110041 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017-3A, Class A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 1.22%,<br>6.03% <sup>(B)</sup>, 07/20/2030 <sup>(A)</sup> | 10247922 | 10192060 |
|  Diameter Capital CLO 1 Ltd. | Diameter Capital CLO 1 Ltd. | Diameter Capital CLO 1 Ltd. |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-1A, Class A1A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 1.24%,<br>6.03% <sup>(B)</sup>, 07/15/2036 <sup>(A)</sup> | 4000000 | 3938224 |
|  GM Financial Consumer Automobile Receivables Trust | GM Financial Consumer Automobile Receivables Trust | GM Financial Consumer Automobile Receivables Trust |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023-1, Class A2A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.19%, 03/16/2026 | 3250000 | 3254152 |
|  GoodLeap Sustainable Home Solutions Trust | GoodLeap Sustainable Home Solutions Trust | GoodLeap Sustainable Home Solutions Trust |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-4GS, Class A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.93%, 07/20/2048 <sup>(A)</sup> | 9323646 | 7119406 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-5CS, Class A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.31%, 10/20/2048 <sup>(A)</sup> | 3630769 | 2952771 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-1GS, Class A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 01/20/2049 <sup>(A)</sup> | 4805040 | 3981817 |
|  Hilton Grand Vacations Trust | Hilton Grand Vacations Trust | Hilton Grand Vacations Trust |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017-AA, Class A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.66%, 12/26/2028 <sup>(A)</sup> | 1567465 | 1545829 |
|  Honda Auto Receivables Owner Trust | Honda Auto Receivables Owner Trust | Honda Auto Receivables Owner Trust |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-2, Class A2, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.81%, 03/18/2025 | 4188000 | 4149932 |
|  JG Wentworth XXI LLC | JG Wentworth XXI LLC | JG Wentworth XXI LLC |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2010-2A, Class A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.07%, 01/15/2048 <sup>(A)</sup> | 350116 | 341213 |
|  JG Wentworth XXII LLC | JG Wentworth XXII LLC | JG Wentworth XXII LLC |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2010-3A, Class A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.82%, 12/15/2048 <sup>(A)</sup> | 493740 | 482079 |
|  JGWPT XXVIII LLC | JGWPT XXVIII LLC | JGWPT XXVIII LLC |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013-1A, Class A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.22%, 04/15/2067 <sup>(A)</sup> | 938397 | 826192 |
|  Laurel Road Prime Student Loan Trust | Laurel Road Prime Student Loan Trust | Laurel Road Prime Student Loan Trust |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018-B, Class A2FX, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.54%, 05/26/2043 <sup>(A)</sup> | 255159 | 250488 |
|  MVW LLC | MVW LLC | MVW LLC |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-1A, Class A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 11/21/2039 <sup>(A)</sup> | 7231053 | 6988994 |
|  MVW Owner Trust | MVW Owner Trust | MVW Owner Trust |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019-1A, Class A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.89%, 11/20/2036 <sup>(A)</sup> | 367780 | 349464 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
|  New Residential Advance Receivables Trust | New Residential Advance Receivables Trust | New Residential Advance Receivables Trust |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020-T1, Class AT1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.43%, 08/15/2053 <sup>(A)</sup> | $11450000 | $11100638 |
|  NRZ Advance Receivables Trust | NRZ Advance Receivables Trust | NRZ Advance Receivables Trust |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020-T2, Class AT2, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.48%, 09/15/2053 <sup>(A)</sup> | 7643553 | 7398754 |
|  Octagon Investment Partners 33 Ltd. | Octagon Investment Partners 33 Ltd. | Octagon Investment Partners 33 Ltd. |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017-1A, Class A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 1.19%,<br>6.00% <sup>(B)</sup>, 01/20/2031 <sup>(A)</sup> | 3600000 | 3574656 |
|  Orange Lake Timeshare Trust | Orange Lake Timeshare Trust | Orange Lake Timeshare Trust |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018-A, Class A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.10%, 11/08/2030 <sup>(A)</sup> | 702047 | 680990 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018-A, Class B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.35%, 11/08/2030 <sup>(A)</sup> | 574397 | 556968 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019-A, Class A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.06%, 04/09/2038 <sup>(A)</sup> | 460197 | 442945 |
|  Palmer Square CLO Ltd. | Palmer Square CLO Ltd. | Palmer Square CLO Ltd. |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015-2A, Class A1R2, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 1.10%,<br>5.91% <sup>(B)</sup>, 07/20/2030 <sup>(A)</sup> | 7546484 | 7489984 |
|  RAAC Trust | RAAC Trust | RAAC Trust |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2007-RP4, Class A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 0.35%,<br>4.86% <sup>(B)</sup>, 11/25/2046 <sup>(A)</sup> | 406415 | 364862 |
|  Sierra Timeshare Receivables Funding LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018-3A, Class A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.69%, 09/20/2035 <sup>(A)</sup> | 922555 | 914536 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019-1A, Class A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 01/20/2036 <sup>(A)</sup> | 871719 | 844365 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019-1A, Class B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.42%, 01/20/2036 <sup>(A)</sup> | 1981179 | 1910920 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-1A, Class A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.99%, 11/20/2037 <sup>(A)</sup> | 2496294 | 2325619 |
|  Towd Point Mortgage Trust | Towd Point Mortgage Trust | Towd Point Mortgage Trust |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017-1, Class A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75% <sup>(B)</sup>, 10/25/2056 <sup>(A)</sup> | 412235 | 406088 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017-3, Class A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75% <sup>(B)</sup>, 07/25/2057 <sup>(A)</sup> | 658462 | 641088 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017-4, Class A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75% <sup>(B)</sup>, 06/25/2057 <sup>(A)</sup> | 1282806 | 1223431 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017-6, Class A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75% <sup>(B)</sup>, 10/25/2057 <sup>(A)</sup> | 1927878 | 1841497 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018-1, Class A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00% <sup>(B)</sup>, 01/25/2058 <sup>(A)</sup> | 2776317 | 2686929 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018-4, Class A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00% <sup>(B)</sup>, 06/25/2058 <sup>(A)</sup> | 2377903 | 2214562 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019-1, Class A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.73% <sup>(B)</sup>, 03/25/2058 <sup>(A)</sup> | 6908057 | 6649450 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020-4, Class A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 10/25/2060 <sup>(A)</sup> | 2279868 | 2042465 |
|  Trafigura Securitisation Finance PLC | Trafigura Securitisation Finance PLC | Trafigura Securitisation Finance PLC |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-1A, Class A2, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.08%, 01/15/2025 <sup>(A)</sup> | 4500000 | 4081234 |

---

---

| | |
|:---|:---|
|  **Transamerica Funds** | **Page 1** |

---

**Transamerica Core Bond** 

------

**SCHEDULE OF INVESTMENTS (continued)** 

**At January 31, 2023** 

**(unaudited)** 

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
|  Welk Resorts LLC | Welk Resorts LLC | Welk Resorts LLC |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017-AA, Class A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.82%, 06/15/2033 <sup>(A)</sup> | $1267536 | $1261912 |
|  Wellfleet CLO Ltd. | Wellfleet CLO Ltd. | Wellfleet CLO Ltd. |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016-2A, Class A1R, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 1.14%,<br>5.95% <sup>(B)</sup>, 10/20/2028 <sup>(A)</sup> | 4430493 | 4393782 |
|  **Total Asset-Backed Securities<br>(Cost $133,343,859)** | **Total Asset-Backed Securities<br>(Cost $133,343,859)** | 128867782 |
| **CORPORATE DEBT SECURITIES - 33.2%** | **CORPORATE DEBT SECURITIES - 33.2%** | **CORPORATE DEBT SECURITIES - 33.2%** |
| **Aerospace & Defense - 0.7%** | **Aerospace & Defense - 0.7%** | **Aerospace & Defense - 0.7%** |
|  Boeing Co. | Boeing Co. | Boeing Co. |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 03/01/2039 | 7305000 | 5673338 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 05/01/2030 | 5153000 | 5182356 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.81%, 05/01/2050 | 2508000 | 2541062 |
|  Huntington Ingalls Industries, Inc. | Huntington Ingalls Industries, Inc. | Huntington Ingalls Industries, Inc. |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.04%, 08/16/2028 | 6384000 | 5389993 |
|  |  | 18786749 |
| **Air Freight & Logistics - 0.3%** | **Air Freight & Logistics - 0.3%** | **Air Freight & Logistics - 0.3%** |
|  GXO Logistics, Inc. | GXO Logistics, Inc. | GXO Logistics, Inc. |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 07/15/2031 | 9977000 | 7818145 |
| **Airlines - 0.1%** | **Airlines - 0.1%** | **Airlines - 0.1%** |
|  American Airlines Pass-Through Trust | American Airlines Pass-Through Trust | American Airlines Pass-Through Trust |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 12/15/2029 | 161 | 143 |
|  United Airlines Pass-Through Trust | United Airlines Pass-Through Trust | United Airlines Pass-Through Trust |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 03/03/2028 | 3926041 | 3659962 |
|  |  | 3660105 |
| **Auto Components - 0.2%** | **Auto Components - 0.2%** | **Auto Components - 0.2%** |
|  Aptiv PLC / Aptiv Corp. | Aptiv PLC / Aptiv Corp. | Aptiv PLC / Aptiv Corp. |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 03/01/2032 | 3121000 | 2687437 |
|  BorgWarner, Inc. | BorgWarner, Inc. | BorgWarner, Inc. |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 03/15/2025 <sup>(C)</sup> | 3645000 | 3519681 |
|  |  | 6207118 |
| **Automobiles - 0.2%** | **Automobiles - 0.2%** | **Automobiles - 0.2%** |
|  General Motors Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 10/02/2043 | 1445000 | 1433135 |
|  Stellantis Finance US, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.38%, 09/12/2032 <sup>(A)</sup> | 3512000 | 3656036 |
|  |  | 5089171 |
| **Banks - 4.0%** | **Banks - 4.0%** | **Banks - 4.0%** |
|  Bank of America Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 04/24/2027,<br>3.71% <sup>(B)</sup>, 04/24/2028 | 5715000 | 5442682 |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 04/27/2032,<br>4.57% <sup>(B)</sup>, 04/27/2033 | 11175000 | 10770011 |
|  Barclays PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 11/02/2025,<br>7.33% <sup>(B)</sup>, 11/02/2026 | 7149000 | 7501096 |
|  Citigroup, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 10/27/2027,<br>3.52% <sup>(B)</sup>, 10/27/2028 | 12004000 | 11225149 |
|  Commerzbank AG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.13%, 09/19/2023 <sup>(A)</sup> | 7251000 | 7317485 |
|  Intesa Sanpaolo SpA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.02%, 06/26/2024 <sup>(A)</sup> | 2745000 | 2677222 |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 11/21/2032,<br>8.25% <sup>(B)</sup>, 11/21/2033 <sup>(A)</sup> | 9500000 | 10367470 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** |
| **Banks (continued)** | **Banks (continued)** | **Banks (continued)** |
|  JPMorgan Chase & Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 04/22/2026,<br>1.58% <sup>(B)</sup>, 04/22/2027 | $7011000 | $6293416 |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 02/01/2027,<br>3.78% <sup>(B)</sup>, 02/01/2028 | 2474000 | 2374574 |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 09/14/2032,<br>5.72% <sup>(B)</sup>, 09/14/2033 | 11009000 | 11326253 |
|  Lloyds Banking Group PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 08/15/2032,<br>7.95% <sup>(B)</sup>, 11/15/2033 | 5002000 | 5700660 |
|  Truist Financial Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.12% <sup>(B)</sup>, 01/26/2034 | 7666000 | 7742896 |
|  Wells Fargo & Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 07/25/2027,<br>4.81% <sup>(B)</sup>, 07/25/2028 | 9666000 | 9630141 |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 06/15/2024 <sup>(D)</sup>,<br>5.90% <sup>(B)</sup> | 2943000 | 2873104 |
|  |  | 101242159 |
| **Beverages - 0.4%** | **Beverages - 0.4%** | **Beverages - 0.4%** |
|  Anheuser-Busch InBev Worldwide, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.44%, 10/06/2048 | 4846000 | 4445334 |
|  Constellation Brands, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.15%, 08/01/2029 | 1440000 | 1311596 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 12/06/2026 | 1889000 | 1822420 |
|  Diageo Capital PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 01/24/2033 | 2774000 | 2995295 |
|  |  | 10574645 |
| **Biotechnology - 0.4%** | **Biotechnology - 0.4%** | **Biotechnology - 0.4%** |
|  AbbVie, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.20%, 05/14/2026 | 2346000 | 2249589 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.05%, 11/21/2039 | 3184000 | 2857280 |
|  Amgen, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 01/15/2032 | 2411000 | 1947401 |
|  CSL Finance PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 04/27/2042 <sup>(A)</sup> | 2753000 | 2629720 |
|  Gilead Sciences, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 03/01/2047 | 1594000 | 1413347 |
|  |  | 11097337 |
| **Building Products - 0.7%** | **Building Products - 0.7%** | **Building Products - 0.7%** |
|  Carlisle Cos., Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.20%, 03/01/2032 | 3830000 | 3048997 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 12/01/2027 | 3740000 | 3581485 |
|  Carrier Global Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.72%, 02/15/2030 | 2352000 | 2049977 |
|  Owens Corning |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.00%, 12/01/2036 | 8147000 | 9252508 |
|  |  | 17932967 |
| **Capital Markets - 1.8%** | **Capital Markets - 1.8%** | **Capital Markets - 1.8%** |
|  Credit Suisse Group AG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 09/11/2024,<br>2.59% <sup>(B)</sup>, 09/11/2025 <sup>(A)</sup> | 4526000 | 4137555 |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 08/12/2032,<br>6.54% <sup>(B)</sup>, 08/12/2033 <sup>(A)</sup> | 8211000 | 7850311 |
|  Deutsche Bank AG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 11/26/2024,<br>3.96% <sup>(B)</sup>, 11/26/2025 | 3026000 | 2929880 |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 05/24/2023,<br>4.30% <sup>(B)</sup>, 05/24/2028 | 6871000 | 6701454 |
|  Goldman Sachs Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 02/24/2032,<br>3.10% <sup>(B)</sup>, 02/24/2033 | 8768000 | 7490753 |

---

---

| | |
|:---|:---|
|  **Transamerica Funds** | **Page 2** |

---

**Transamerica Core Bond** 

------

**SCHEDULE OF INVESTMENTS (continued)** 

**At January 31, 2023** 

**(unaudited)** 

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** |
| **Capital Markets (continued)** | **Capital Markets (continued)** | **Capital Markets (continued)** |
|  Morgan Stanley |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 12/10/2025,<br>0.99% <sup>(B)</sup>, 12/10/2026 | $1138000 | $1012013 |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 07/20/2032,<br>4.89% <sup>(B)</sup>, 07/20/2033 | 5027000 | 4966157 |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 02/01/2028,<br>5.12% <sup>(B)</sup>, 02/01/2029 | 4082000 | 4119778 |
|  Northern Trust Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.13%, 11/02/2032 | 6903000 | 7571914 |
|  |  | 46779815 |
| **Chemicals - 0.2%** | **Chemicals - 0.2%** | **Chemicals - 0.2%** |
|  International Flavors & Fragrances, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 11/01/2030 <sup>(A)</sup> | 4965000 | 4107820 |
| **Commercial Services & Supplies - 0.6%** | **Commercial Services & Supplies - 0.6%** | **Commercial Services & Supplies - 0.6%** |
|  ADT Security Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 08/01/2029 <sup>(A)</sup> | 5015000 | 4459739 |
|  Ashtead Capital, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 11/01/2029 <sup>(A)</sup> | 3037000 | 2828482 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 05/30/2033 <sup>(A)</sup> | 3822000 | 3828210 |
|  Triton Container International Ltd. / TAL International Container Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 03/15/2032 | 6048000 | 4925249 |
|  |  | 16041680 |
| **Construction & Engineering - 0.1%** | **Construction & Engineering - 0.1%** | **Construction & Engineering - 0.1%** |
|  Quanta Services, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90%, 10/01/2030 | 3740000 | 3203885 |
| **Consumer Finance - 1.4%** | **Consumer Finance - 1.4%** | **Consumer Finance - 1.4%** |
|  Ally Financial, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.00%, 11/01/2031 | 7297000 | 7991219 |
|  BMW US Capital LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80%, 04/11/2026 <sup>(A)</sup> | 4981000 | 4722283 |
|  Ford Motor Credit Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 11/13/2025 | 6702000 | 6281785 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.95%, 03/06/2026 | 4750000 | 4858728 |
|  General Motors Financial Co., Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/09/2027 | 4041000 | 3997248 |
|  Nissan Motor Acceptance Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.45%, 09/15/2028 <sup>(A)</sup> | 4767000 | 3861601 |
|  Volkswagen Group of America Finance LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.63%, 11/24/2027 <sup>(A)</sup> | 3463000 | 2982546 |
|  |  | 34695410 |
| **Containers & Packaging - 0.1%** | **Containers & Packaging - 0.1%** | **Containers & Packaging - 0.1%** |
|  Sonoco Products Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 02/01/2027 | 3740000 | 3379058 |
| **Diversified Financial Services - 1.4%** | **Diversified Financial Services - 1.4%** | **Diversified Financial Services - 1.4%** |
|  AerCap Ireland Capital DAC / AerCap Global Aviation Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 10/29/2041 | 6388000 | 4962319 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 04/03/2026 | 6232000 | 6035737 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 09/15/2023 | 4363000 | 4338976 |
|  Aviation Capital Group LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.95%, 01/30/2026 <sup>(A)</sup> | 3332000 | 2962388 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 12/15/2024 <sup>(A)</sup> | 8463000 | 8377759 |
|  Equitable Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.59%, 01/11/2033 | 7468000 | 7626169 |
|  |  | 34303348 |
| **Diversified Telecommunication Services - 0.5%** | **Diversified Telecommunication Services - 0.5%** | **Diversified Telecommunication Services - 0.5%** |
|  Sprint Capital Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88%, 11/15/2028 | 822000 | 879168 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** |
| **Diversified Telecommunication Services (continued)** | **Diversified Telecommunication Services (continued)** | **Diversified Telecommunication Services (continued)** |
|  Verizon Communications, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.68%, 10/30/2030 | $5851000 | $4705503 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.99%, 10/30/2056 | 9757000 | 6449569 |
|  |  | 12034240 |
| **Electric Utilities - 1.4%** | **Electric Utilities - 1.4%** | **Electric Utilities - 1.4%** |
|  Appalachian Power Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 06/01/2025 | 4135000 | 4002357 |
|  Cleveland Electric Illuminating Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 12/15/2036 | 614000 | 630661 |
|  DTE Electric Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.30%, 07/01/2044 | 7295000 | 6662076 |
|  Duke Energy Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 04/15/2024 - 09/01/2046 | 11944000 | 10372865 |
|  Duke Energy Progress LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 09/15/2047 | 2726000 | 2168031 |
|  Entergy Arkansas LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 06/01/2024 | 1493000 | 1473268 |
|  Oncor Electric Delivery Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 06/01/2042 | 707000 | 744298 |
|  Pacific Gas & Electric Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 02/01/2031 | 4892000 | 3937713 |
|  PacifiCorp |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.60%, 04/01/2024 | 3749000 | 3694234 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 04/01/2037 | 535000 | 572986 |
|  Public Service Electric & Gas Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 05/15/2025 | 1955000 | 1885273 |
|  |  | 36143762 |
| **Electronic Equipment, Instruments & Components - 0.5%** | **Electronic Equipment, Instruments & Components - 0.5%** | **Electronic Equipment, Instruments & Components - 0.5%** |
|  Arrow Electronics, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 02/15/2032 | 5137000 | 4249751 |
|  Keysight Technologies, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60%, 04/06/2027 | 3395000 | 3392451 |
|  Sensata Technologies, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 02/15/2030 <sup>(A)</sup> | 4143000 | 3751072 |
|  |  | 11393274 |
| **Energy Equipment & Services - 0.2%** | **Energy Equipment & Services - 0.2%** | **Energy Equipment & Services - 0.2%** |
|  Schlumberger Holdings Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.90%, 05/17/2028 <sup>(A)</sup> | 5457000 | 5199091 |
|  Schlumberger Investment SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.65%, 12/01/2023 | 1121000 | 1108096 |
|  |  | 6307187 |
| **Equity Real Estate Investment Trusts - 2.6%** | **Equity Real Estate Investment Trusts - 2.6%** | **Equity Real Estate Investment Trusts - 2.6%** |
|  American Tower Trust #1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.65%, 03/23/2028 <sup>(A)</sup> | 2800000 | 2625696 |
|  Broadstone Net Lease LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.60%, 09/15/2031 | 6211000 | 4728788 |
|  Corporate Office Properties LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 01/15/2029 | 1623000 | 1283470 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 03/15/2026 | 1209000 | 1092879 |
|  Invitation Homes Operating Partnership LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 04/15/2032 | 2844000 | 2601767 |
|  Office Properties Income Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 10/15/2031 <sup>(C)</sup> | 2512000 | 1759016 |
|  Physicians Realty LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%, 11/01/2031 | 7157000 | 5859792 |
|  Realty Income Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 10/13/2032 | 2319000 | 2452163 |
|  SBA Tower Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.63%, 05/15/2051 <sup>(A)</sup> | 6278000 | 5474388 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.88%, 07/15/2050 <sup>(A)</sup> | 1100000 | 987548 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.84%, 01/15/2050 <sup>(A)</sup> | 13134000 | 12411035 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.60%, 01/15/2028 <sup>(A)</sup> | 3650000 | 3796451 |

---

---

| | |
|:---|:---|
|  **Transamerica Funds** | **Page 3** |

---

**Transamerica Core Bond** 

------

**SCHEDULE OF INVESTMENTS (continued)** 

**At January 31, 2023** 

**(unaudited)** 

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** |
| **Equity Real Estate Investment Trusts (continued)** | **Equity Real Estate Investment Trusts (continued)** | **Equity Real Estate Investment Trusts (continued)** |
|  Simon Property Group LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.20%, 02/01/2031 <sup>(C)</sup> | $3744000 | $3079959 |
|  Ventas Realty LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 10/15/2026 | 5018000 | 4719393 |
|  VICI Properties LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.95%, 02/15/2030 | 6748000 | 6521109 |
|  Weyerhaeuser Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 04/15/2030 | 5505000 | 5183226 |
|  |  | 64576680 |
| **Food & Staples Retailing - 0.4%** | **Food & Staples Retailing - 0.4%** | **Food & Staples Retailing - 0.4%** |
|  7-Eleven, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.80%, 02/10/2031 <sup>(A)</sup> | 5842000 | 4647356 |
|  Sysco Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 07/15/2026 | 5932000 | 5699240 |
|  |  | 10346596 |
| **Food Products - 0.8%** | **Food Products - 0.8%** | **Food Products - 0.8%** |
|  Bunge Ltd. Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 05/14/2031 <sup>(C)</sup> | 6218000 | 5311785 |
|  Cargill, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 10/11/2032 <sup>(A)</sup> | 2894000 | 3001017 |
|  JBS USA LUX SA / JBS USA Food Co. / JBS USA Finance, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 02/02/2029 <sup>(A)</sup> | 2483000 | 2131283 |
|  Pilgrim's Pride Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 03/01/2032 <sup>(A)</sup> | 6300000 | 5126625 |
|  Viterra Finance BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 04/21/2027 <sup>(A)</sup> | 5002000 | 4801280 |
|  |  | 20371990 |
| **Health Care Equipment & Supplies - 0.3%** | **Health Care Equipment & Supplies - 0.3%** | **Health Care Equipment & Supplies - 0.3%** |
|  Alcon Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 09/23/2026 <sup>(A)</sup> | 3484000 | 3234092 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 12/06/2052 <sup>(A)</sup> | 2593000 | 2780038 |
|  GE HealthCare Technologies, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.86%, 03/15/2030 <sup>(A)</sup> | 2577000 | 2729343 |
|  |  | 8743473 |
| **Health Care Providers & Services - 1.5%** | **Health Care Providers & Services - 1.5%** | **Health Care Providers & Services - 1.5%** |
|  Centene Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 02/15/2030 | 7847000 | 6898455 |
|  Cigna Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.40%, 03/15/2030 | 4530000 | 3900454 |
|  CVS Health Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.70%, 08/21/2040 | 3472000 | 2495819 |
|  Elevance Health, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 05/15/2030 | 4034000 | 3433642 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 02/15/2053 | 4316000 | 4306839 |
|  HCA, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 06/15/2029 | 3196000 | 3031281 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 04/15/2025 | 1795000 | 1796048 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 06/15/2047 | 2893000 | 2736503 |
|  Laboratory Corp. of America Holdings |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 12/01/2029 | 2929000 | 2618010 |
|  Molina Healthcare, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 06/15/2028 <sup>(A)</sup> | 1520000 | 1403796 |
|  UnitedHealth Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.05%, 02/15/2063 | 4135000 | 4804200 |
|  |  | 37425047 |
| **Hotels, Restaurants & Leisure - 0.4%** | **Hotels, Restaurants & Leisure - 0.4%** | **Hotels, Restaurants & Leisure - 0.4%** |
|  Expedia Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.95%, 03/15/2031 | 402000 | 337299 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.80%, 02/15/2028 | 2801000 | 2642871 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** |
| **Hotels, Restaurants & Leisure (continued)** | **Hotels, Restaurants & Leisure (continued)** | **Hotels, Restaurants & Leisure (continued)** |
|  Hyatt Hotels Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.80%, 10/01/2024 | $2477000 | $2347519 |
|  Warnermedia Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 03/15/2042 <sup>(A)</sup> | 6515000 | 5536900 |
|  |  | 10864589 |
| **Industrial Conglomerates - 0.3%** | **Industrial Conglomerates - 0.3%** | **Industrial Conglomerates - 0.3%** |
|  General Electric Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 10/09/2042 | 2771000 | 2357794 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 03/11/2044 | 4688000 | 4304551 |
|  |  | 6662345 |
| **Insurance - 1.3%** | **Insurance - 1.3%** | **Insurance - 1.3%** |
|  Aon Corp. / Aon Global Holdings PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/12/2032 | 6254000 | 6371955 |
|  Global Atlantic Finance Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 06/15/2031 <sup>(A)</sup> | 9317000 | 7165805 |
|  Muenchener Rueckversicherungs-Gesellschaft AG | Muenchener Rueckversicherungs-Gesellschaft AG |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 11/23/2031,<br>5.88% <sup>(B)</sup>, 05/23/2042 <sup>(A)</sup> | 3400000 | 3472250 |
|  Ohio National Financial Services, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.80%, 01/24/2030 <sup>(A)</sup> | 10038000 | 9531579 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.63%, 05/01/2031 <sup>(A)</sup> | 1348000 | 1312186 |
|  Prudential Financial, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Fixed until 07/01/2030,<br>3.70% <sup>(B)</sup>, 10/01/2050 | 5651000 | 4865344 |
|  |  | 32719119 |
| **Interactive Media & Services - 0.3%** | **Interactive Media & Services - 0.3%** | **Interactive Media & Services - 0.3%** |
|  Baidu, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 05/14/2024 <sup>(C)</sup> | 4652000 | 4600189 |
|  Tencent Holdings Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.28%, 04/11/2024 <sup>(A)</sup> | 2683000 | 2641775 |
|  |  | 7241964 |
| **IT Services - 0.1%** | **IT Services - 0.1%** | **IT Services - 0.1%** |
|  Rackspace Technology Global, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 02/15/2028 <sup>(A)</sup> | 2902000 | 1758322 |
| **Machinery - 0.2%** | **Machinery - 0.2%** | **Machinery - 0.2%** |
|  CNH Industrial Capital LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.45%, 10/14/2025 | 5538000 | 5625670 |
| **Media - 0.5%** | **Media - 0.5%** | **Media - 0.5%** |
|  Charter Communications Operating LLC / Charter Communications Operating Capital |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.80%, 03/01/2050 | 3602000 | 2828730 |
|  Clear Channel Outdoor Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 08/15/2027 <sup>(A)</sup> | 2020000 | 1844361 |
|  Comcast Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.94%, 11/01/2056 | 1620000 | 1096980 |
|  NBCUniversal Media LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.45%, 01/15/2043 | 3353000 | 3126368 |
|  Paramount Global |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 05/19/2032 | 4116000 | 3538149 |
|  |  | 12434588 |
| **Metals & Mining - 0.8%** | **Metals & Mining - 0.8%** | **Metals & Mining - 0.8%** |
|  Anglo American Capital PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 03/15/2028 <sup>(A)</sup> | 3182000 | 3101457 |
|  ArcelorMittal SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.55%, 11/29/2027 | 5937000 | 6192236 |

---

---

| | |
|:---|:---|
|  **Transamerica Funds** | **Page 4** |

---

**Transamerica Core Bond** 

------

**SCHEDULE OF INVESTMENTS (continued)** 

**At January 31, 2023** 

**(unaudited)** 

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** |
| **Metals & Mining (continued)** | **Metals & Mining (continued)** | **Metals & Mining (continued)** |
|  Freeport-McMoRan, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 03/15/2023 | $7230000 | $7205418 |
|  Glencore Funding LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%, 09/23/2031 <sup>(A)</sup> | 4976000 | 4141763 |
|  |  | 20640874 |
| **Multi-Utilities - 0.3%** | **Multi-Utilities - 0.3%** | **Multi-Utilities - 0.3%** |
|  Black Hills Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 11/30/2023 | 4781000 | 4751032 |
|  CMS Energy Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 03/01/2024 | 723000 | 711322 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.88%, 03/01/2044 | 974000 | 925043 |
|  |  | 6387397 |
| **Oil, Gas & Consumable Fuels - 2.6%** | **Oil, Gas & Consumable Fuels - 2.6%** | **Oil, Gas & Consumable Fuels - 2.6%** |
|  Boardwalk Pipelines LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 02/15/2031 | 3125000 | 2784178 |
|  Chevron USA, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 10/15/2029 | 4089000 | 3849904 |
|  Energy Transfer LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.90%, 02/01/2024 | 2863000 | 2851709 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 03/15/2045 | 1668000 | 1499899 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 02/15/2028 | 2532000 | 2573094 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.95%, 10/01/2043 | 1293000 | 1276013 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.60%, 02/01/2024 | 4041000 | 4111911 |
|  Enterprise Products Operating LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 02/15/2048 | 8341000 | 7157426 |
|  Kinder Morgan Energy Partners LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.15%, 02/01/2024 | 3178000 | 3149441 |
|  Occidental Petroleum Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.55%, 03/15/2026 | 7343000 | 7416430 |
|  ONEOK, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.10%, 11/15/2032 | 5869000 | 6156488 |
|  Petroleos Mexicanos |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.84%, 01/23/2030 | 3109000 | 2697256 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.88%, 08/04/2026 | 1410000 | 1379101 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.69%, 01/23/2050 | 641000 | 477943 |
|  Pioneer Natural Resources Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.15%, 01/15/2031 | 6139000 | 5067483 |
|  Plains All American Pipeline LP / PAA Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.55%, 12/15/2029 | 3097000 | 2773033 |
|  Sabine Pass Liquefaction LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.20%, 03/15/2028 | 2888000 | 2785641 |
|  Saudi Arabian Oil Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 11/24/2023 <sup>(A)</sup> | 323000 | 312493 |
|  Shell International Finance BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 09/12/2026 | 3121000 | 2935929 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 09/12/2046 | 2857000 | 2425680 |
|  Williams Cos., Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 03/04/2044 | 1095000 | 1065629 |
|  |  | 64746681 |
| **Personal Products - 0.1%** | **Personal Products - 0.1%** | **Personal Products - 0.1%** |
|  GSK Consumer Healthcare Capital US LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.38%, 03/24/2027 | 2762000 | 2610269 |
| **Pharmaceuticals - 0.6%** | **Pharmaceuticals - 0.6%** | **Pharmaceuticals - 0.6%** |
|  Astrazeneca Finance LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.20%, 05/28/2026 | 2588000 | 2334671 |
|  AstraZeneca PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 08/17/2048 | 4122000 | 3931515 |
|  Bayer US Finance II LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 12/15/2028 <sup>(A)</sup> | 4174000 | 4045798 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** |
| **Pharmaceuticals (continued)** | **Pharmaceuticals (continued)** | **Pharmaceuticals (continued)** |
|  Royalty Pharma PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.20%, 09/02/2030 | $4157000 | $3380068 |
|  Viatris, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.30%, 06/22/2027 | 2488000 | 2190787 |
|  |  | 15882839 |
| **Professional Services - 0.3%** | **Professional Services - 0.3%** | **Professional Services - 0.3%** |
|  Equifax, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.60%, 12/01/2024 | 4000000 | 3834582 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 12/15/2027 | 4636000 | 4698482 |
|  |  | 8533064 |
| **Road & Rail - 0.8%** | **Road & Rail - 0.8%** | **Road & Rail - 0.8%** |
|  Avolon Holdings Funding Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 02/15/2025 <sup>(A)</sup> | 8743000 | 8196620 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 01/15/2026 <sup>(A)</sup> | 3257000 | 3198088 |
|  Norfolk Southern Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.55%, 06/01/2053 | 8190000 | 7592737 |
|  |  | 18987445 |
| **Semiconductors & Semiconductor Equipment - 1.3%** | **Semiconductors & Semiconductor Equipment - 1.3%** | **Semiconductors & Semiconductor Equipment - 1.3%** |
|  Advanced Micro Devices, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.92%, 06/01/2032 | 6496000 | 6194035 |
|  Broadcom, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.95%, 02/15/2028 <sup>(A)</sup> | 2070000 | 1793666 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 02/15/2041 <sup>(A)</sup> | 3314000 | 2524452 |
|  KLA Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.30%, 03/01/2050 <sup>(C)</sup> | 4337000 | 3342263 |
|  Microchip Technology, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.98%, 09/01/2024 | 4561000 | 4269326 |
|  NXP BV / NXP Funding LLC / NXP USA, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 11/30/2051 | 1240000 | 840999 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.40%, 05/01/2030 | 1216000 | 1086662 |
|  QUALCOMM, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 05/20/2027 | 3552000 | 3417898 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 05/20/2050 <sup>(C)</sup> | 3819000 | 2976811 |
|  Skyworks Solutions, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.80%, 06/01/2026 | 2526000 | 2255318 |
|  TSMC Global Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.38%, 09/28/2030 <sup>(A)</sup> | 5908000 | 4726568 |
|  |  | 33427998 |
| **Software - 1.1%** | **Software - 1.1%** | **Software - 1.1%** |
|  Crowdstrike Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 02/15/2029 <sup>(C)</sup> | 570000 | 489188 |
|  Infor, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 07/15/2025 <sup>(A)</sup> | 5112000 | 4651227 |
|  Oracle Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.65%, 03/25/2041 | 3404000 | 2684285 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.90%, 11/09/2052 | 5825000 | 6694460 |
|  Take-Two Interactive Software, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.55%, 04/14/2025 | 6520000 | 6312607 |
|  Workday, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 04/01/2027 | 6126000 | 5853962 |
|  |  | 26685729 |
| **Specialty Retail - 0.2%** | **Specialty Retail - 0.2%** | **Specialty Retail - 0.2%** |
|  Lowe's Cos., Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 04/01/2032 | 4632000 | 4284700 |

---

---

| | |
|:---|:---|
|  **Transamerica Funds** | **Page 5** |

---

**Transamerica Core Bond** 

------

**SCHEDULE OF INVESTMENTS (continued)** 

**At January 31, 2023** 

**(unaudited)** 

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** |
| **Technology Hardware, Storage & Peripherals - 0.2%** | **Technology Hardware, Storage & Peripherals - 0.2%** | **Technology Hardware, Storage & Peripherals - 0.2%** |
|  Apple, Inc. | Apple, Inc. | Apple, Inc. |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.65%, 05/11/2050 | $3716000 | $2616939 |
|  Western Digital Corp. | Western Digital Corp. | Western Digital Corp. |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.85%, 02/01/2029 | 1526000 | 1243812 |
|  |  | 3860751 |
| **Tobacco - 0.4%** | **Tobacco - 0.4%** | **Tobacco - 0.4%** |
|  BAT Capital Corp. | BAT Capital Corp. | BAT Capital Corp. |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.26%, 03/25/2028 | 5667000 | 4863799 |
|  Philip Morris International, Inc. | Philip Morris International, Inc. | Philip Morris International, Inc. |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.63%, 11/17/2029 | 4540000 | 4731247 |
|  |  | 9595046 |
| **Wireless Telecommunication Services - 0.6%** | **Wireless Telecommunication Services - 0.6%** | **Wireless Telecommunication Services - 0.6%** |
|  America Movil SAB de CV | America Movil SAB de CV | America Movil SAB de CV |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.38%, 07/16/2042 | 2100000 | 1908774 |
|  Sprint LLC | Sprint LLC | Sprint LLC |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.88%, 09/15/2023 | 2873000 | 2915857 |
|  T-Mobile USA, Inc. | T-Mobile USA, Inc. | T-Mobile USA, Inc. |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 04/15/2031 | 4213000 | 3769878 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 04/15/2030 | 6794000 | 6345169 |
|  |  | 14939678 |
|  **Total Corporate Debt Securities<br>(Cost $870,524,984)** | **Total Corporate Debt Securities<br>(Cost $870,524,984)** | 840150729 |
| **FOREIGN GOVERNMENT OBLIGATIONS - 0.5%** | **FOREIGN GOVERNMENT OBLIGATIONS - 0.5%** | **FOREIGN GOVERNMENT OBLIGATIONS - 0.5%** |
| **Chile - 0.0% <sup>(E)</sup>** | **Chile - 0.0% <sup>(E)</sup>** | **Chile - 0.0% <sup>(E)</sup>** |
|  Chile Government International Bonds | Chile Government International Bonds | Chile Government International Bonds |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 01/25/2050 <sup>(C)</sup> | 825000 | 620165 |
| **Colombia - 0.2%** | **Colombia - 0.2%** | **Colombia - 0.2%** |
|  Colombia Government International Bonds | Colombia Government International Bonds | Colombia Government International Bonds |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 01/28/2026 | 3650000 | 3484087 |
| **Indonesia - 0.1%** | **Indonesia - 0.1%** | **Indonesia - 0.1%** |
|  Indonesia Government International Bonds | Indonesia Government International Bonds | Indonesia Government International Bonds |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 01/08/2026 <sup>(A)</sup> | 3205000 | 3224273 |
| **Mexico - 0.1%** | **Mexico - 0.1%** | **Mexico - 0.1%** |
|  Mexico Government International Bonds | Mexico Government International Bonds | Mexico Government International Bonds |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 01/11/2028 | 2481000 | 2375079 |
| **Panama - 0.0% <sup>(E)</sup>** | **Panama - 0.0% <sup>(E)</sup>** | **Panama - 0.0% <sup>(E)</sup>** |
|  Panama Government International Bonds | Panama Government International Bonds | Panama Government International Bonds |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 03/17/2028 | 735000 | 700871 |
| **Peru - 0.0% <sup>(E)</sup>** | **Peru - 0.0% <sup>(E)</sup>** | **Peru - 0.0% <sup>(E)</sup>** |
|  Peru Government International Bonds | Peru Government International Bonds | Peru Government International Bonds |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.35%, 07/21/2025 | 390000 | 410396 |
| **Poland - 0.0% <sup>(E)</sup>** | **Poland - 0.0% <sup>(E)</sup>** | **Poland - 0.0% <sup>(E)</sup>** |
|  Republic of Poland Government International Bonds | Republic of Poland Government International Bonds | Republic of Poland Government International Bonds |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 03/17/2023 | 500000 | 498495 |
| **Qatar - 0.1%** | **Qatar - 0.1%** | **Qatar - 0.1%** |
|  Qatar Government International Bonds | Qatar Government International Bonds | Qatar Government International Bonds |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 04/23/2023 <sup>(A)</sup> | 913000 | 909761 |
|  **Total Foreign Government Obligations<br>(Cost $12,888,671)** | **Total Foreign Government Obligations<br>(Cost $12,888,671)** | 12223127 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **MORTGAGE-BACKED SECURITIES - 6.5%** | **MORTGAGE-BACKED SECURITIES - 6.5%** | **MORTGAGE-BACKED SECURITIES - 6.5%** |
|  Alternative Loan Trust | Alternative Loan Trust | Alternative Loan Trust |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2005-36, Class 2A1A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 0.62%,<br>5.13% <sup>(B)</sup>, 08/25/2035 | $290394 | $248234 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2005-50CB, Class 1A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 11/25/2035 | 442773 | 365520 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2005-51, Class 3A3A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 0.64%,<br>5.13% <sup>(B)</sup>, 11/20/2035 | 334878 | 273399 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2007-22, Class 2A16, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 09/25/2037 | 4664828 | 1978923 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2007-5CB, Class 1A31, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 04/25/2037 | 694719 | 384211 |
|  BB-UBS Trust | BB-UBS Trust | BB-UBS Trust |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012-TFT, Class A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.89%, 06/05/2030 <sup>(A)</sup> | 1747655 | 1708924 |
|  Bear Stearns Alt-A Trust | Bear Stearns Alt-A Trust | Bear Stearns Alt-A Trust |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2004-11, Class 2A2, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.92% <sup>(B)</sup>, 11/25/2034 | 25952 | 23875 |
|  CHL Mortgage Pass-Through Trust | CHL Mortgage Pass-Through Trust | CHL Mortgage Pass-Through Trust |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2003-60, Class 1A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.17% <sup>(B)</sup>, 02/25/2034 | 20284 | 18729 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2005-3, Class 1A2, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 0.58%,<br>5.09% <sup>(B)</sup>, 04/25/2035 | 65604 | 58698 |
|  CIM Trust | CIM Trust | CIM Trust |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-R6, Class A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.43% <sup>(B)</sup>, 07/25/2061 <sup>(A)</sup> | 5694994 | 5085148 |
|  Citigroup Commercial Mortgage Trust | Citigroup Commercial Mortgage Trust | Citigroup Commercial Mortgage Trust |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014-GC19, Class A3, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 03/11/2047 | 1280763 | 1261961 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014-GC19, Class A4, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.02%, 03/11/2047 | 4165000 | 4094327 |
|  Citigroup Mortgage Loan Trust, Inc. | Citigroup Mortgage Loan Trust, Inc. | Citigroup Mortgage Loan Trust, Inc. |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014-A, Class A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00% <sup>(B)</sup>, 01/25/2035 <sup>(A)</sup> | 232034 | 217944 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015-PS1, Class A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75% <sup>(B)</sup>, 09/25/2042 <sup>(A)</sup> | 185952 | 174947 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018-RP1, Class A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00% <sup>(B)</sup>, 09/25/2064 <sup>(A)</sup> | 1113749 | 1062238 |
|  COMM Mortgage Trust | COMM Mortgage Trust | COMM Mortgage Trust |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013-CR11, Class AM, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.72% <sup>(B)</sup>, 08/10/2050 | 565000 | 557424 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014-UBS2, Class A5, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.96%, 03/10/2047 | 12640000 | 12419819 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015-3BP, Class A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.18%, 02/10/2035 <sup>(A)</sup> | 17005000 | 15931393 |
|  CSMC Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014-11R, Class 17A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 0.15%,<br>4.69% <sup>(B)</sup>, 12/27/2036 <sup>(A)</sup> | 124619 | 123443 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-RPL2, Class A1A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.11% <sup>(B)</sup>, 01/25/2060 <sup>(A)</sup> | 6276215 | 5252430 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-RPL6, Class A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00% <sup>(B)</sup>, 10/25/2060 <sup>(A)</sup> | 4129043 | 3683220 |
|  Fontainebleau Miami Beach Trust | Fontainebleau Miami Beach Trust | Fontainebleau Miami Beach Trust |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019-FBLU, Class A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.14%, 12/10/2036 <sup>(A)</sup> | 3800000 | 3587236 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019-FBLU, Class B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.45%, 12/10/2036 <sup>(A)</sup> | 6050000 | 5702855 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019-FBLU, Class C, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 12/10/2036 <sup>(A)</sup> | 4570000 | 4301523 |
|  GMACM Mortgage Loan Trust | GMACM Mortgage Loan Trust | GMACM Mortgage Loan Trust |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2005-AR1, Class 3A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.00% <sup>(B)</sup>, 03/18/2035 | 3560 | 3153 |

---

---

| | |
|:---|:---|
|  **Transamerica Funds** | **Page 6** |

---

**Transamerica Core Bond** 

------

**SCHEDULE OF INVESTMENTS (continued)** 

**At January 31, 2023** 

**(unaudited)** 

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
|  HarborView Mortgage Loan Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2004-4, Class 2A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 0.56%,<br>5.03% <sup>(B)</sup>, 06/19/2034 | $112507 | $99081 |
|  Impac CMB Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2004-6, Class 1A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 0.80%,<br>5.31% <sup>(B)</sup>, 10/25/2034 | 5379 | 5157 |
|  IndyMac INDX Mortgage Loan Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2007-AR15, Class 2A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.22% <sup>(B)</sup>, 08/25/2037 | 287330 | 217289 |
|  JPMorgan Chase Commercial Mortgage Securities Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014-DSTY, Class B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.77%, 06/10/2027 <sup>(A)</sup> | 4800000 | 909576 |
|  JPMorgan Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2004-A1, Class 1A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.98% <sup>(B)</sup>, 02/25/2034 | 12013 | 10807 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2006-A2, Class 5A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.18% <sup>(B)</sup>, 11/25/2033 | 7293 | 6971 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2006-S3, Class 1A12, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 08/25/2036 | 152496 | 63554 |
|  Manhattan West Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020-1MW, Class A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.13%, 09/10/2039 <sup>(A)</sup> | 5765000 | 5051232 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020-1MW, Class B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.34% <sup>(B)</sup>, 09/10/2039 <sup>(A)</sup> | 5024000 | 4367012 |
|  MASTR Adjustable Rate Mortgages Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2007-R5, Class A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.67% <sup>(B)</sup>, 11/25/2035 <sup>(A)</sup> | 192455 | 115254 |
|  Merrill Lynch Mortgage Investors Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2003-F, Class A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 0.64%,<br>5.15% <sup>(B)</sup>, 10/25/2028 | 4567 | 4258 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2004-A1, Class 2A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.43% <sup>(B)</sup>, 02/25/2034 | 45065 | 41393 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2005-A4, Class 2A2, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.22% <sup>(B)</sup>, 07/25/2035 | 41627 | 35911 |
|  Morgan Stanley Bank of America Merrill Lynch Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013-C11, Class B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.40% <sup>(B)</sup>, 08/15/2046 | 1035000 | 763411 |
|  Nationstar Mortgage Loan Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2013-A, Class A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75% <sup>(B)</sup>, 12/25/2052 <sup>(A)</sup> | 758596 | 703036 |
|  New Residential Mortgage Loan Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014-1A, Class A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75% <sup>(B)</sup>, 01/25/2054 <sup>(A)</sup> | 313525 | 296723 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014-2A, Class A3, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.16% <sup>(B)</sup>, 05/25/2054 <sup>(A)</sup> | 246758 | 227487 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014-3A, Class AFX3, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75% <sup>(B)</sup>, 11/25/2054 <sup>(A)</sup> | 838572 | 780714 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015-2A, Class A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75% <sup>(B)</sup>, 08/25/2055 <sup>(A)</sup> | 1058383 | 993111 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016-2A, Class A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75% <sup>(B)</sup>, 11/26/2035 <sup>(A)</sup> | 941143 | 878375 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016-3A, Class A1B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25% <sup>(B)</sup>, 09/25/2056 <sup>(A)</sup> | 1886558 | 1742479 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017-1A, Class A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00% <sup>(B)</sup>, 02/25/2057 <sup>(A)</sup> | 1703370 | 1616543 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017-2A, Class A3, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00% <sup>(B)</sup>, 03/25/2057 <sup>(A)</sup> | 1920951 | 1816013 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017-3A, Class A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00% <sup>(B)</sup>, 04/25/2057 <sup>(A)</sup> | 2683961 | 2556981 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017-4A, Class A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00% <sup>(B)</sup>, 05/25/2057 <sup>(A)</sup> | 1347339 | 1263617 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
|  New Residential Mortgage Loan Trust (continued) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018-1A, Class A1A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00% <sup>(B)</sup>, 12/25/2057 <sup>(A)</sup> | $824017 | $786567 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018-RPL1, Class A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50% <sup>(B)</sup>, 12/25/2057 <sup>(A)</sup> | 7468312 | 7130102 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019-4A, Class A1B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50% <sup>(B)</sup>, 12/25/2058 <sup>(A)</sup> | 5553640 | 5170385 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019-5A, Class A1B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50% <sup>(B)</sup>, 08/25/2059 <sup>(A)</sup> | 1407994 | 1323416 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019-6A, Class A1B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50% <sup>(B)</sup>, 09/25/2059 <sup>(A)</sup> | 2023916 | 1878347 |
|  One Market Plaza Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017-1MKT, Class A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.61%, 02/10/2032 <sup>(A)</sup> | 11917000 | 11199177 |
|  RALI Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2007-QO4, Class A1A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 0.38%,<br>4.89% <sup>(B)</sup>, 05/25/2047 | 268977 | 241268 |
|  Structured Adjustable Rate Mortgage Loan Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2005-15, Class 1A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.11% <sup>(B)</sup>, 07/25/2035 | 189811 | 114115 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2007-3, Class 3A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.49% <sup>(B)</sup>, 04/25/2047 | 493051 | 245911 |
|  Structured Asset Mortgage Investments II Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2003-AR4, Class A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 0.70%,<br>5.17% <sup>(B)</sup>, 01/19/2034 | 13005 | 12273 |
|  Towd Point Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019-4, Class A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.90% <sup>(B)</sup>, 10/25/2059 <sup>(A)</sup> | 10104875 | 9411410 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-1, Class A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25% <sup>(B)</sup>, 11/25/2061 <sup>(A)</sup> | 4342959 | 3945696 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-4, Class A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 09/25/2062 <sup>(A)</sup> | 14163098 | 13444802 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023-1, Class A1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 01/25/2063 <sup>(A)</sup> | 8530000 | 8131649 |
|  WaMu Mortgage Pass-Through Certificates Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2005-AR8, Class 2A1A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1-Month LIBOR + 0.58%,<br>5.09% <sup>(B)</sup>, 07/25/2045 | 19275 | 17828 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2007-OA6, Class 1A1B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 12-MTA + 0.81%,<br>3.24% <sup>(B)</sup>, 07/25/2047 | 24426 | 511 |
|  Wells Fargo Commercial Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015-C26, Class B, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.78%, 02/15/2048 | 3000000 | 2804942 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015-C29, Class AS, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.01% <sup>(B)</sup>, 06/15/2048 | 6250000 | 5967529 |
|  **Total Mortgage-Backed Securities<br>(Cost $177,901,514)** | **Total Mortgage-Backed Securities<br>(Cost $177,901,514)** | 164911487 |
| **MUNICIPAL GOVERNMENT OBLIGATION - 0.0% <sup>(E)</sup>** | **MUNICIPAL GOVERNMENT OBLIGATION - 0.0% <sup>(E)</sup>** | **MUNICIPAL GOVERNMENT OBLIGATION - 0.0% <sup>(E)</sup>** |
| **Georgia - 0.0% <sup>(E)</sup>** | **Georgia - 0.0% <sup>(E)</sup>** | **Georgia - 0.0% <sup>(E)</sup>** |
|  Municipal Electric Authority of Georgia, Revenue Bonds, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.64%, 04/01/2057 | 270000 | 307385 |
|  **Total Municipal Government Obligation<br>(Cost $319,186)** | **Total Municipal Government Obligation<br>(Cost $319,186)** | 307385 |
| **U.S. GOVERNMENT AGENCY OBLIGATIONS - 23.8%** | **U.S. GOVERNMENT AGENCY OBLIGATIONS - 23.8%** | **U.S. GOVERNMENT AGENCY OBLIGATIONS - 23.8%** |
|  Federal Home Loan Mortgage Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 12-Month LIBOR + 1.90%,<br>2.40% <sup>(B)</sup>, 02/01/2041 | 20261 | 19941 |

---

---

| | |
|:---|:---|
|  **Transamerica Funds** | **Page 7** |

---

**Transamerica Core Bond** 

------

**SCHEDULE OF INVESTMENTS (continued)** 

**At January 31, 2023** 

**(unaudited)** 

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **U.S. GOVERNMENT AGENCY OBLIGATIONS (continued)** | **U.S. GOVERNMENT AGENCY OBLIGATIONS (continued)** | **U.S. GOVERNMENT AGENCY OBLIGATIONS (continued)** |
|  Federal Home Loan Mortgage Corp. (continued) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6-Month LIBOR + 1.57%,<br>2.82% <sup>(B)</sup>, 02/01/2037 | $1897 | $1854 |
| &nbsp;&nbsp;&nbsp;&nbsp; 12-Month LIBOR + 1.66%,<br>3.18% <sup>(B)</sup>, 01/01/2038 | 51899 | 52076 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6-Month LIBOR + 1.36%,<br>3.90% <sup>(B)</sup>, 05/01/2037 | 13456 | 13556 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6-Month LIBOR + 2.12%,<br>3.91% <sup>(B)</sup>, 05/01/2037 | 4637 | 4525 |
| &nbsp;&nbsp;&nbsp;&nbsp; 12-Month LIBOR + 1.73%,<br>3.98% <sup>(B)</sup>, 09/01/2035 | 129693 | 131316 |
| &nbsp;&nbsp;&nbsp;&nbsp; 12-Month LIBOR + 1.75%,<br>4.00% <sup>(B)</sup>, 12/01/2034 | 5633 | 5592 |
| &nbsp;&nbsp;&nbsp;&nbsp; 12-Month LIBOR + 1.80%,<br>4.05% <sup>(B)</sup>, 09/01/2037 | 9866 | 10052 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6-Month LIBOR + 1.57%,<br>4.72% <sup>(B)</sup>, 04/01/2037 | 12020 | 12085 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/01/2035 | 194168 | 200222 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 05/01/2031 | 144697 | 150099 |
|  Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.81%, 01/25/2025 | 10344391 | 10008333 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.89%, 06/25/2027 | 2930464 | 2880261 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.01%, 07/25/2025 | 12812000 | 12399153 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.06% <sup>(B)</sup>, 08/25/2024 | 4856562 | 4738701 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.17%, 10/25/2024 | 17140000 | 16725315 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.49%, 01/25/2024 | 6965000 | 6870640 |
|  Federal National Mortgage Association |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 12-Month LIBOR + 1.75%,<br>2.25% <sup>(B)</sup>, 03/01/2041 | 11452 | 11246 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6-Month LIBOR + 0.94%,<br>3.37% <sup>(B)</sup>, 08/01/2037 | 766 | 765 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 07/01/2028 - 01/01/2029 | 831795 | 815945 |
| &nbsp;&nbsp;&nbsp;&nbsp; 12-Month LIBOR + 1.74%,<br>3.74% <sup>(B)</sup>, 08/01/2035 | 16249 | 16600 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 02/01/2025 - 04/01/2025 | 19922 | 20119 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6-Month LIBOR + 1.52%,<br>4.74% <sup>(B)</sup>, 01/01/2035 | 3489 | 3510 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/01/2039 - 11/01/2039 | 4669488 | 4738163 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 04/01/2036 - 12/01/2041 | 2002367 | 2101341 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 02/01/2034 - 01/01/2040 | 2051250 | 2147819 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 06/01/2038 - 05/01/2040 | 819039 | 870009 |
|  Government National Mortgage Association, Interest Only STRIPS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012-120, Class IO, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.64% <sup>(B)</sup>, 02/16/2053 | 2372458 | 38019 |
|  Tennessee Valley Authority |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 04/01/2036 | 2768000 | 3192514 |
|  Uniform Mortgage-Backed Security |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, TBA <sup>(F)</sup> | 85510000 | 74553133 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, TBA <sup>(F)</sup> | 155184000 | 137018960 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, TBA <sup>(F)</sup> | 110735000 | 101112702 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.50%, TBA <sup>(F)</sup> | 115576000 | 108883431 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, TBA <sup>(F)</sup> | 73724000 | 71100462 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.50%, TBA <sup>(F)</sup> | 41726000 | 41166974 |
|  **Total U.S. Government Agency Obligations<br>(Cost $602,247,167)** | **Total U.S. Government Agency Obligations<br>(Cost $602,247,167)** | 602015433 |
| **U.S. GOVERNMENT OBLIGATIONS - 28.7%** | **U.S. GOVERNMENT OBLIGATIONS - 28.7%** | **U.S. GOVERNMENT OBLIGATIONS - 28.7%** |
| **U.S. Treasury - 27.5%** | **U.S. Treasury - 27.5%** | **U.S. Treasury - 27.5%** |
|  U.S. Treasury Bonds |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 05/15/2050 | 21429000 | 12478207 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.88%, 02/15/2051 - 11/15/2051 | 11868000 | 8081815 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.00%, 02/15/2050 | 9112000 | 6454571 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 08/15/2046 - 02/15/2052 | 29315000 | 21890992 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.38%, 02/15/2042 - 05/15/2051 | 18112000 | 14447188 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **U.S. GOVERNMENT OBLIGATIONS (continued)** | **U.S. GOVERNMENT OBLIGATIONS (continued)** | **U.S. GOVERNMENT OBLIGATIONS (continued)** |
| **U.S. Treasury (continued)** | **U.S. Treasury (continued)** | **U.S. Treasury (continued)** |
|  U.S. Treasury Bonds (continued) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 02/15/2045 - 05/15/2046 | $42510200 | $34037259 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 08/15/2042 - 11/15/2047 | 20088500 | 17001519 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 08/15/2045 - 05/15/2049 | 9895500 | 8472387 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 05/15/2042 - 08/15/2048 | 7297300 | 6439323 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.00%, 08/15/2052 <sup>(C)</sup> | 51941100 | 45602663 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 02/15/2042 - 05/15/2048 | 18503000 | 16839180 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.63%, 02/15/2044 | 9479600 | 9210764 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 11/15/2052 | 5195000 | 5512383 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 02/15/2029 | 25842100 | 28025556 |
|  U.S. Treasury Notes |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.25%, 05/31/2025 | 3253000 | 2978401 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.63%, 05/15/2030 | 2059000 | 1680578 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.63%, 08/15/2030 <sup>(C)</sup> | 9737000 | 7909411 |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.88%, 06/30/2026 | 16360100 | 14826980 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.13%, 02/15/2031 | 5731000 | 4812921 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.25%, 11/30/2026 | 12997000 | 11835901 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.38%, 11/15/2031 | 37727000 | 31721628 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.50%, 08/15/2026 - 02/15/2030 | 73171700 | 67038523 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.63%, 05/15/2026 - 05/15/2031 | 24038900 | 21431248 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.88%, 02/15/2032 | 21448800 | 18769376 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 11/15/2025 <sup>(C)</sup> | 1956500 | 1869451 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.25%, 11/15/2027 | 70991400 | 66593261 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 08/15/2023 - 05/31/2024 | 18970000 | 18696357 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.63%, 02/15/2029 | 2275400 | 2150786 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 05/15/2025 - 08/15/2032 | 72354600 | 67962280 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 05/15/2028 - 05/15/2032 | 55371100 | 52882669 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.88%, 08/15/2028 <sup>(C)</sup> | 12179700 | 11702979 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.13%, 11/15/2028 | 13172000 | 12813886 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.25%, 08/31/2024 | 3682000 | 3614113 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.88%, 11/30/2027 | 5843100 | 5900618 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13%, 09/30/2027 - 11/15/2032 | 31951900 | 33411941 |
|  |  | 695097115 |
| **U.S. Treasury Inflation-Protected Securities - 1.2%** | **U.S. Treasury Inflation-Protected Securities - 1.2%** | **U.S. Treasury Inflation-Protected Securities - 1.2%** |
|  U.S. Treasury Inflation-Protected Indexed Bonds |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.25%, 02/15/2050 | 7506286 | 5404453 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.75%, 01/15/2028 | 4428383 | 4496625 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.50%, 01/15/2029 | 13283840 | 14109539 |
|  U.S. Treasury Inflation-Protected Indexed Notes |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 0.13%, 07/15/2030 | 7755655 | 7116268 |
|  |  | 31126885 |
|  **Total U.S. Government Obligations<br>(Cost $768,678,207)** | **Total U.S. Government Obligations<br>(Cost $768,678,207)** | 726224000 |
|  | **Shares** | **Value** |
| **PREFERRED STOCKS - 0.2%** | **PREFERRED STOCKS - 0.2%** | **PREFERRED STOCKS - 0.2%** |
| **Banks - 0.2%** | **Banks - 0.2%** | **Banks - 0.2%** |
|  Citigroup Capital XIII, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3-Month LIBOR + 6.37%,<br>11.17% <sup>(B)</sup> | 184306 | 5293269 |
| **Electric Utilities - 0.0% <sup>(E)</sup>** | **Electric Utilities - 0.0% <sup>(E)</sup>** | **Electric Utilities - 0.0% <sup>(E)</sup>** |
|  SCE Trust III, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series H, Fixed until 03/15/2024,<br>5.75% <sup>(B) (C)</sup> | 7998 | 178755 |
|  **Total Preferred Stocks<br>(Cost $5,380,762)** | **Total Preferred Stocks<br>(Cost $5,380,762)** | 5472024 |

---

---

| | |
|:---|:---|
|  **Transamerica Funds** | **Page 8** |

---

**Transamerica Core Bond** 

------

**SCHEDULE OF INVESTMENTS (continued)** 

**At January 31, 2023** 

**(unaudited)** 

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **COMMERCIAL PAPER - 16.9%** | **COMMERCIAL PAPER - 16.9%** | **COMMERCIAL PAPER - 16.9%** |
| **Banks - 10.1%** | **Banks - 10.1%** | **Banks - 10.1%** |
|  Australia & New Zealand Banking Group Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.16% <sup>(G)</sup>, 07/10/2023 | $22900000 | $22424596 |
|  Bedford Row Funding Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.65% <sup>(G)</sup>, 02/07/2023 | 16927000 | 16912321 |
|  BofA Securities, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.21% <sup>(G)</sup>, 07/13/2023 | 18008000 | 17606353 |
|  Cooperatieve Rabobank UA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.05% <sup>(G)</sup>, 07/31/2023 | 5000000 | 4878755 |
|  DBS Bank Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.08% <sup>(G)</sup>, 07/27/2023 | 23785000 | 23204729 |
|  DNB Bank ASA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.07% <sup>(G)</sup>, 06/20/2023 | 25000000 | 24541208 |
|  Korea Development Bank |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.35% <sup>(G)</sup>, 06/14/2023 | 17364000 | 17054280 |
|  Lloyds Bank PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.76% <sup>(G)</sup>, 03/03/2023 | 3950000 | 3934650 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.09% <sup>(G)</sup>, 07/18/2023 | 21925000 | 21425797 |
|  Mackinac Funding Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.81% <sup>(G)</sup>, 03/01/2023 | 11915000 | 11870896 |
|  Macquarie Bank Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.62% <sup>(G)</sup>, 02/28/2023 | 13550000 | 13501985 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.70% <sup>(G)</sup>, 02/28/2023 | 7541000 | 7514278 |
|  Societe Generale SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.22% <sup>(G)</sup>, 06/12/2023 | 21000000 | 20630862 |
|  Standard Chartered Bank |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.19% <sup>(G)</sup>, 06/21/2023 | 25000000 | 24537833 |
|  Svenska Handelsbanken AB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.06% <sup>(G)</sup>, 07/24/2023 | 25000000 | 24415408 |
|  |  | 254453951 |
| **Diversified Financial Services - 5.0%** | **Diversified Financial Services - 5.0%** | **Diversified Financial Services - 5.0%** |
|  Atlantic Asset Securitization LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.74% <sup>(G)</sup>, 02/15/2023 | 12773000 | 12749045 |
|  Cancara Asset Securitisation LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.97% <sup>(G)</sup>, 05/15/2023 | 1636000 | 1613565 |
|  Chariot Funding LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.77% <sup>(G)</sup>, 02/10/2023 | 3825000 | 3820238 |
|  Glencove Funding LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.74% <sup>(G)</sup>, 02/03/2023 | 15000000 | 14994549 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.02% <sup>(G)</sup>, 06/20/2023 | 7000000 | 6868163 |
|  Lexington Parker Capital Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.77% <sup>(G)</sup>, 03/03/2023 | 14905000 | 14846447 |
|  Liberty Street Funding LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.83% <sup>(G)</sup>, 02/07/2023 | 1275000 | 1273892 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.07% <sup>(G)</sup>, 05/25/2023 | 10900000 | 10732732 |
|  Mont Blanc Capital Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.74% <sup>(G)</sup>, 02/21/2023 | 2709000 | 2701849 |
|  Sheffield Receivables Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.83% <sup>(G)</sup>, 03/06/2023 | 14000000 | 13938900 |
|  Thunder Bay Funding LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.03% <sup>(G)</sup>, 05/12/2023 - 05/18/2023 | 18450000 | 18197694 |
|  Victory Receivables Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.87% <sup>(G)</sup>, 04/28/2023 | 25000000 | 24715256 |
|  |  | 126452330 |
| **Food Products - 0.6%** | **Food Products - 0.6%** | **Food Products - 0.6%** |
|  Britannia Funding Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.79% <sup>(G)</sup>, 02/07/2023 | 15000000 | 14986933 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **COMMERCIAL PAPER (continued)** | **COMMERCIAL PAPER (continued)** | **COMMERCIAL PAPER (continued)** |
| **Health Care Providers & Services - 0.4%** | **Health Care Providers & Services - 0.4%** | **Health Care Providers & Services - 0.4%** |
|  Columbia Funding Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.72% <sup>(G)</sup>, 03/01/2023 | $10500000 | $10461464 |
| **Software - 0.8%** | **Software - 0.8%** | **Software - 0.8%** |
|  Manhattan Asset Funding Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.91% <sup>(G)</sup>, 05/24/2023 | 9000000 | 8866264 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.20% <sup>(G)</sup>, 07/10/2023 | 11073000 | 10830034 |
|  |  | 19696298 |
|  **Total Commercial Paper<br>(Cost $425,974,131)** | **Total Commercial Paper<br>(Cost $425,974,131)** | 426050976 |
| **SHORT-TERM U.S. GOVERNMENT OBLIGATIONS - 3.9%** | **SHORT-TERM U.S. GOVERNMENT OBLIGATIONS - 3.9%** | **SHORT-TERM U.S. GOVERNMENT OBLIGATIONS - 3.9%** |
|  U.S. Treasury Bills |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.13% <sup>(G)</sup>, 02/02/2023 <sup>(C)</sup> | 7243000 | 7242196 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.28% <sup>(G)</sup>, 03/09/2023 | 35652000 | 35492850 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.60% <sup>(G)</sup>, 06/08/2023 | 30417000 | 29927128 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.61% <sup>(G)</sup>, 06/08/2023 | 3574000 | 3516440 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.81% <sup>(G)</sup>, 07/20/2023 | 11946000 | 11689014 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.83% <sup>(G)</sup>, 07/20/2023 | 11263000 | 11020707 |
|  **Total Short-Term U.S. Government Obligations<br>(Cost $98,906,248)** | **Total Short-Term U.S. Government Obligations<br>(Cost $98,906,248)** | 98888335 |
|  | **Shares** | **Value** |
| **OTHER INVESTMENT COMPANY - 2.2%** | **OTHER INVESTMENT COMPANY - 2.2%** | **OTHER INVESTMENT COMPANY - 2.2%** |
| **Securities Lending Collateral - 2.2%** | **Securities Lending Collateral - 2.2%** | **Securities Lending Collateral - 2.2%** |
|  State Street Navigator Securities Lending Trust - Government Money Market Portfolio, 4.30% <sup>(G)</sup> | 54828934 | 54828934 |
|  **Total Other Investment Company<br>(Cost $54,828,934)** | **Total Other Investment Company<br>(Cost $54,828,934)** | 54828934 |
|  | **Principal** | **Value** |
| **REPURCHASE AGREEMENT - 1.0%** | **REPURCHASE AGREEMENT - 1.0%** | **REPURCHASE AGREEMENT - 1.0%** |
|  Fixed Income Clearing Corp., 1.80% <sup>(G)</sup>, dated 01/31/2023, to be repurchased at $25,035,217 on 02/01/2023. Collateralized by a U.S. Government Obligation, 0.13%, due 07/15/2024, and with a value of $25,534,660. | $25033965 | 25033965 |
|  **Total Repurchase Agreement<br>(Cost $25,033,965)** | **Total Repurchase Agreement<br>(Cost $25,033,965)** | 25033965 |
|  **Total Investments<br>(Cost $3,176,027,628)** | **Total Investments<br>(Cost $3,176,027,628)** | 3084974177 |
|  **Net Other Assets (Liabilities) - (22.0)%** |  | (555956684) |
|  **Net Assets - 100.0%** |  | **$2529017493** |

---

---

| | |
|:---|:---|
|  **Transamerica Funds** | **Page 9** |

---

**Transamerica Core Bond** 

------

**SCHEDULE OF INVESTMENTS (continued)** 

**At January 31, 2023** 

**(unaudited)** 

**INVESTMENT VALUATION:** 

------

**Valuation Inputs <sup>(H)</sup>** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1 -<br>Unadjusted<br>Quoted<br>Prices** | **Level 2 -<br>Other<br>Significant<br>Observable<br>Inputs** | **Level 3 -<br>Significant<br>Unobservable<br>Inputs** | **Value** |
|  **ASSETS** |  |  |  |  |
|  **Investments** |  |  |  |  |
|  Asset-Backed Securities | $— | $128867782 | $— | $128867782 |
|  Corporate Debt Securities |  | 840150729 |  | 840150729 |
|  Foreign Government Obligations |  | 12223127 |  | 12223127 |
|  Mortgage-Backed Securities |  | 164911487 |  | 164911487 |
|  Municipal Government Obligation |  | 307385 |  | 307385 |
|  U.S. Government Agency Obligations |  | 602015433 |  | 602015433 |
|  U.S. Government Obligations |  | 726224000 |  | 726224000 |
|  Preferred Stocks | 5472024 |  |  | 5472024 |
|  Commercial Paper |  | 426050976 |  | 426050976 |
|  Short-Term U.S. Government Obligations |  | 98888335 |  | 98888335 |
|  Other Investment Company | 54828934 |  |  | 54828934 |
|  Repurchase Agreement |  | 25033965 |  | 25033965 |
|  **Total Investments** | $**60300958** | $**3024673219** | $**—** | $**3084974177** |

---

**FOOTNOTES TO SCHEDULE OF INVESTMENTS:** 

(A) *Securities are exempt from registration pursuant to Rule 144A of the Securities Act of 1933. Securities may be resold as transactions exempt from registration, normally to qualified institutional buyers. At January 31, 2023, the total value of 144A securities is $468,990,785, representing 18.5% of the Fund's net assets.* 

(B) *Floating or variable rate securities. The rates disclosed are as of January 31, 2023. For securities based on a published reference rate and spread, the reference rate and spread are indicated within the description. Variable rate securities with a floor or ceiling feature are disclosed at the inherent rate, where applicable. Certain variable rate securities are not based on a published reference rate and spread, but are determined by the issuer or agent and are based on current market conditions; these securities do not indicate a reference rate and spread in the description.* 

(C) *All or a portion of the securities are on loan. The total value of all securities on loan is $81,736,691, collateralized by cash collateral of $54,828,934 and non-cash collateral, such as U.S. government securities and irrevocable letters of credit, of $28,614,900. The amount of securities on loan indicated may not correspond with the securities on loan identified because securities with pending sales are in the process of recall from the brokers.* 

(D) *Perpetual maturity. The date displayed is the next call date.* 

(E) *Percentage rounds to less than 0.1% or (0.1)%.* 

(F) *When-issued, delayed-delivery and/or forward commitment (including TBAs) securities. Securities to be settled and delivered after January 31, 2023. Securities may display a coupon rate of 0.00%, as the rate is to be determined at time of settlement.* 

(G) *Rates disclosed reflect the yields at January 31, 2023.* 

(H) *There were no transfers in or out of Level 3 during the period ended January 31, 2023. Please reference the Investment Valuation section of the Notes to Schedule of Investments for more information regarding investment valuation and pricing inputs.* 

**PORTFOLIO ABBREVIATIONS:** 

---

| | |
|:---|:---|
|  LIBOR | *London Interbank Offered Rate* |
|  MTA | *Month Treasury Average* |
|  STRIPS | *Separate Trading of Registered Interest and Principal of Securities* |
|  TBA | *To Be Announced* |

---

---

| | |
|:---|:---|
|  **Transamerica Funds** | **Page 10** |

---

**Transamerica Core Bond** 

------

**NOTES TO SCHEDULE OF INVESTMENTS** 

**At January 31, 2023** 

**(unaudited)** 

**INVESTMENT VALUATION** 

Transamerica Core Bond (formerly, Transamerica Intermediate Bond) (the "Fund") is a series of the Transamerica Funds.

Effective September 8, 2022, TAM has been designated as the Fund's valuation designee pursuant to Rule 2a-5 under the 1940 Act with responsibility for fair valuation subject to oversight by the Fund's Board of Trustees. The net asset value of the Fund is computed as of the official close of the New York Stock Exchange ("NYSE") each day the NYSE is open for business.

TAM utilizes various methods to measure the fair value of its investments on a recurring basis. Generally Accepted Accounting Principles in the United States of America establishes a hierarchy that prioritizes inputs to valuation methods. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. The three levels ("Levels") of inputs of the fair value hierarchy are defined as follows:

Level 1 — Unadjusted quoted prices in active markets for identical securities.

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

Level 3 — Unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available, which may include TAM's own assumptions used in determining the fair value of the Fund's investments.

The inputs used to measure fair value may fall into different Levels of the fair value hierarchy. In such cases, for disclosure purposes, the Level in the fair value hierarchy that is assigned to the fair value measurement of a security is determined based on the lowest Level input that is significant to the fair value measurement in its entirety. Certain investments that are measured at fair value using Net Asset Value ("NAV") per share, or its equivalent, using the "practical expedient" have not been classified in the fair value Levels. The hierarchy classification of inputs used to value the Fund's investments at January 31, 2023, is disclosed within the Investment Valuation section of the Schedule of Investments.

The availability of observable inputs can vary from security to security and is affected by a wide variety of factors, including, but not limited to, the type of security, whether the security is new and not yet established in the marketplace, the liquidity of markets, and other characteristics particular to the security. To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. Accordingly, the degree of judgment exercised in determining fair value is generally greatest for instruments categorized in Level 3. Due to the inherent uncertainty of valuation, the determination of values may differ significantly from values that would have been realized had a ready market for investments existed, and the differences could be material.

**Fair value measurements:** Descriptions of the valuation techniques applied to the Fund's significant categories of assets and liabilities measured at fair value on a recurring basis are as follows:

*Asset-backed securities:* The fair value of asset-backed securities is estimated based on models that consider the estimated cash flows of each tranche of the entity, establish a benchmark yield, and develop an estimated tranche specific spread to the benchmark yield based on the unique attributes of the tranche. To the extent the inputs are observable and timely, the values would generally be categorized in Level 2 of the fair value hierarchy; otherwise they would be categorized in Level 3.

*Corporate debt securities:* The fair value of corporate debt securities is estimated using various techniques, which consider recently executed transactions in securities of the issuer or comparable issuers, market price quotations (where observable), bond spreads, fundamental data relating to the issuer, and credit default swap spreads adjusted for any basis difference between cash and derivative instruments. While most corporate debt securities are categorized in Level 2 of the fair value hierarchy, in instances where lower relative weight is placed on transaction prices, quotations, or similar observable inputs, they are categorized in Level 3.

*Foreign government obligations:* Foreign government obligations are normally valued using a model that incorporates market observable data such as reported sales of similar securities, broker quotes, yields, bids, offers, and reference data. Certain securities are valued by principally using dealer quotations. Foreign government obligations generally are categorized in Level 2 of the fair value hierarchy, or Level 3 if inputs are unobservable.

*Mortgage-backed securities:* The fair value of mortgage-backed securities is estimated based on models that consider issuer type, coupon, cash flows, mortgage prepayment projection tables and adjustable rate mortgage evaluations that incorporate index data, periodic life caps and the next coupon reset date. To the extent the inputs are observable and timely, the values would generally be categorized in Level 2 of the fair value hierarchy; otherwise they are categorized in Level 3.

---

| | |
|:---|:---|
|  **Transamerica Funds** | **Page 11** |

---

**Transamerica Core Bond** 

------

**NOTES TO SCHEDULE OF INVESTMENTS (continued)** 

**At January 31, 2023** 

**(unaudited)** 

*Municipal government obligations:* The fair value of municipal government obligations and variable rate notes is estimated based on models that consider, among other factors, information received from market makers and broker-dealers, current trades, bid-want lists, offerings, market movements, the liquidity of the bond, state of issuance, benchmark yield curves, and bond or note insurance. To the extent the inputs are observable and timely, the values would generally be categorized in Level 2 of the fair value hierarchy; otherwise they are categorized in Level 3.

*U.S. government agency obligations:* U.S. government agency obligations are comprised of two main categories consisting of agency issued debt and mortgage pass-throughs. Generally, agency issued debt securities are valued in a manner similar to U.S. government obligations. Mortgage pass-throughs include to be announced ("TBA") securities and mortgage pass-through certificates. Generally, TBA securities and mortgage pass-throughs are valued using dealer quotations. Depending on market activity levels and whether quotations or other observable data are used, these securities are typically categorized in Level 2 of the fair value hierarchy; otherwise they would be categorized in Level 3.

*U.S. government obligations:* U.S. government obligations are normally valued using a model that incorporates market observable data such as reported sales of similar securities, broker quotes, yields, bids, offers, and reference data. Certain securities are valued by principally using dealer quotations. U.S. government obligations generally are categorized in Level 2 of the fair value hierarchy, or Level 3 if inputs are unobservable.

*Equity securities:* Securities are stated at the last reported sales price or closing price on the day of valuation taken from the primary exchange where the security is principally traded. To the extent these securities are actively traded and valuation adjustments are not applied, they are categorized in Level 1 of the fair value hierarchy. Equities traded on inactive markets or valued by reference to similar instruments are generally categorized in Level 2 or Level 3 if inputs are unobservable.

*Commercial paper:* Commercial paper is valued using amortized cost, which approximates fair value. The values are generally categorized in Level 2 of the fair value hierarchy, or Level 3 if inputs are unobservable.

*Short-term notes:* The Fund normally values short-term government and U.S. government agency securities using a model that incorporates market observable data such as reported sales of similar securities, broker quotes, yields, bids, offers and reference data. Certain securities are valued by principally using dealer quotations. Short-term government and U.S. government agency securities generally are categorized in Level 2 of the fair value hierarchy, or Level 3 if inputs are unobservable.

*Securities lending collateral:* Securities lending collateral is invested in a money market fund which is valued at the actively traded NAV and no valuation adjustments are applied. Securities lending collateral is categorized in Level 1 of the fair value hierarchy.

*Repurchase agreements:* Repurchase agreements are valued at cost, which approximates fair value. To the extent the inputs are observable and timely, the values are generally categorized in Level 2 of the fair value hierarchy.

---

| | |
|:---|:---|
|  **Transamerica Funds** | **Page 12** |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** TRANSAMERICA FUNDS

- **b. Investment Company Act file number:** 811-04556

- **c. CIK number of Registrant:** 0000787623

- **d. LEI of Registrant:** 54930088ZHZE1VMYEY52

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

  - **Street Address 1:** 1801 CALIFORNIA STREET

  - **City:** DENVER

  - **State:** CO

  - **Foreign country:** US

  - **Zip / Postal Code:** 80202

  - **Telephone number:** 720-493-4256

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

- **a. Name of Series:** Transamerica Core Bond

- **b. EDGAR series identifier (if any):** S000044275

- **c. LEI of Series:** 549300ZF0O00XTDBKY49

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $3181027531.13

**Total Liabilities:** $659851697.45

**Net Assets:** $2521175833.68

**Delayed Delivery Securities:** $538479743.67

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -3210.25000000 | **1-Year:** -70814.72000000 | **5-Year:** -188736.06000000 | **10-Year:** -242026.60000000 | **30-Year:** -104689.33000000

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

- **3-Month:** -546.75000000 | **1-Year:** -5826.85000000 | **5-Year:** -17259.69000000 | **10-Year:** -7641.12000000 | **30-Year:** -1234.79000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000240465 | 3.04%                | -0.18%               | 3.01%                |
| Class ID C000240467 | 2.94%                | -0.19%               | 2.76%                |
| Class ID C000137931 | 3.29%                | -0.17%               | 3.00%                |
| Class ID C000240466 | 3.00%                | -0.22%               | 3.08%                |
| Class ID C000171829 | 3.36%                | -0.25%               | 2.95%                |
| Class ID C000171830 | 3.27%                | -0.20%               | 2.98%                |
| Class ID C000171831 | 3.41%                | -0.17%               | 2.88%                |
| Class ID C000228029 | 3.41%                | -0.17%               | 3.00%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-17328418.42            | $90326432.27                               |
| Month 2  | $17812759.60             | $-30040591.01                              |
| Month 3  | $2073575.53              | $63004170.79                               |

**Designated Index Information**

- **Index Name:** Securities Portfolio VaR

- **Index Identifier:** Designated Reference Portfolio is the Fund's Securities Portfolio

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Towd Point Mortgage Trust                                                       | Towd Point Mortgage Trust                                                         | CUSIP: 89175JAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1927878 | PA      | $1841496.85   | 0.07%             | 2057-10-25      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| One Market Plaza Trust                                                          | One Market Plaza Trust                                                            | CUSIP: 68245HAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  11917000 | PA      | $11199177.12  | 0.44%             | 2032-02-10      | Fixed         | 3.61%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                                                       | Apple, Inc.                                                                       | CUSIP: 037833DW7<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |   3716000 | PA      | $2616938.63   | 0.10%             | 2050-05-11      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 912828R36<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4019000 | PA      | $3744106.67   | 0.15%             | 2026-05-15      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                             | JPMorgan Chase & Co.                                                              | CUSIP: 46647PCB0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   7011000 | PA      | $6293416.23   | 0.25%             | 2027-04-22      | Fixed         | 1.58%                 | No            |                  2 | On Loan: No      |
| SKYWORKS SOLUTIONS INC                                                          | Skyworks Solutions, Inc.                                                          | CUSIP: 83088MAK8<br>LEI: 549300WZ3ORQ2BVKBD96 | Long             | DBT              | CORP              | US        |   2526000 | PA      | $2255318.51   | 0.09%             | 2026-06-01      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| ASTRAZENECA FINANCE LLC                                                         | Astrazeneca Finance LLC                                                           | CUSIP: 04636NAA1<br>LEI: 549300C3HATU4Q460S18 | Long             | DBT              | CORP              | US        |   2588000 | PA      | $2334670.80   | 0.09%             | 2026-05-28      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810SN9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  21429000 | PA      | $12478207.20  | 0.49%             | 2050-05-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Freeport-McMoRan Inc                                                            | Freeport-McMoRan, Inc.                                                            | CUSIP: 35671DAZ8<br>LEI: 549300IRDTHJQ1PVET45 | Long             | DBT              | CORP              | US        |   7230000 | PA      | $7205418.00   | 0.29%             | 2023-03-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac                                                                     | Federal Home Loan Mortgage Corp.                                                  | CUSIP: 3128LXG20<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    194168 | PA      | $200221.93    | 0.01%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810RN0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   6203000 | PA      | $5310107.24   | 0.21%             | 2045-08-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| ARROW ELECTRONICS INC                                                           | Arrow Electronics, Inc.                                                           | CUSIP: 04273WAC5<br>LEI: 549300YNNLBXT8N8R512 | Long             | DBT              | CORP              | US        |   5137000 | PA      | $4249750.51   | 0.17%             | 2032-02-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 9128286B1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2275400 | PA      | $2150786.31   | 0.09%             | 2029-02-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810RY6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5574000 | PA      | $4647757.94   | 0.18%             | 2047-08-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                            | Bank of America Corp.                                                             | CUSIP: 06051GGL7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   5715000 | PA      | $5442681.96   | 0.22%             | 2028-04-24      | Fixed         | 3.71%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust Inc                                               | Citigroup Mortgage Loan Trust, Inc.                                               | CUSIP: 17322GAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    232034 | PA      | $217943.64    | 0.01%             | 2035-01-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Citigroup Capital XIII                                                          | Citigroup Capital XIII                                                            | CUSIP: 173080201<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    184306 | NS      | $5293268.32   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| CIGNA CORP                                                                      | Cigna Corp.                                                                       | CUSIP: 125523CL2<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |   4530000 | PA      | $3900453.99   | 0.15%             | 2030-03-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| BofA Securities Inc                                                             | BofA Securities, Inc.                                                             | CUSIP: 06054PUD6<br>LEI: 549300HN4UKV1E2R3U73 | Long             | STIV             | CORP              | US        |  18008000 | PA      | $17606352.63  | 0.70%             | 2023-07-13      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SHELL INTERNATIONAL FIN                                                         | Shell International Finance BV                                                    | CUSIP: 822582BX9<br>LEI: 213800ITMMKU4Z7I4F78 | Long             | DBT              | CORP              | NL        |   3121000 | PA      | $2935928.69   | 0.12%             | 2026-09-12      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| HYATT HOTELS CORP                                                               | Hyatt Hotels Corp.                                                                | CUSIP: 448579AN2<br>LEI: T27JQIMTYSH41TCD5186 | Long             | DBT              | CORP              | US        |   2477000 | PA      | $2347519.46   | 0.09%             | 2024-10-01      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                                                             | Petroleos Mexicanos                                                               | CUSIP: 71654QDC3<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |   3109000 | PA      | $2697255.85   | 0.11%             | 2030-01-23      | Fixed         | 6.84%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                                                       | Uniform Mortgage-Backed Security, TBA                                             | CUSIP: 01F040628<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  73724000 | PA      | $71100462.16  | 2.82%             | 2053-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CLEVELAND ELECTRIC ILLUM                                                        | Cleveland Electric Illuminating Co.                                               | CUSIP: 186108CE4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    614000 | PA      | $630661.01    | 0.03%             | 2036-12-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| NORFOLK SOUTHERN CORP                                                           | Norfolk Southern Corp.                                                            | CUSIP: 655844CP1<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |   8190000 | PA      | $7592737.12   | 0.30%             | 2053-06-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Inflation-Indexed Bonds                                             | CUSIP: 912810SM1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7506286 | PA      | $5404452.32   | 0.21%             | 2050-02-15      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 3138Y3DW8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1875936 | PA      | $1968896.43   | 0.08%             | 2041-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| General Electric Co                                                             | General Electric Co.                                                              | CUSIP: 369604BH5<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | DBT              | CORP              | US        |   4688000 | PA      | $4304550.81   | 0.17%             | 2044-03-11      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Thunder Bay Funding LLC                                                         | Thunder Bay Funding LLC                                                           | CUSIP: 88602USC5<br>LEI: 549300D7DHGDB5EMW139 | Long             | STIV             | CORP              | US        |   9450000 | PA      | $9324675.42   | 0.37%             | 2023-05-12      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CROWDSTRIKE HOLDINGS INC                                                        | Crowdstrike Holdings, Inc.                                                        | CUSIP: 22788CAA3<br>LEI: 549300YBY08K9KM4HX32 | Long             | DBT              | CORP              | US        |    570000 | PA      | $489187.62    | 0.02%             | 2029-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: —       |
| New Residential Mortgage Loan Trust                                             | New Residential Mortgage Loan Trust                                               | CUSIP: 64829NAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1347339 | PA      | $1263617.19   | 0.05%             | 2057-05-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 91282CFF3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  70079600 | PA      | $65754374.69  | 2.61%             | 2032-08-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Sheffield Receivables Co LLC                                                    | Sheffield Receivables Co. LLC                                                     | CUSIP: 82124MQ60<br>LEI: 549300MYF6MOTU9T3G29 | Long             | STIV             | CORP              | US        |  14000000 | PA      | $13938900.08  | 0.55%             | 2023-03-06      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                                                          | Credit Suisse Group AG                                                            | CUSIP: 225401AZ1<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |   8211000 | PA      | $7850311.38   | 0.31%             | 2033-08-12      | Fixed         | 6.54%                 | No            |                  2 | On Loan: No      |
| HCA Inc                                                                         | HCA, Inc.                                                                         | CUSIP: 404119BQ1<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   1795000 | PA      | $1796048.14   | 0.07%             | 2025-04-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Diameter Capital CLO 1 Ltd.                                                     | Diameter Capital CLO 1 Ltd.                                                       | CUSIP: 25255DAA8<br>LEI: 25490018I1ROE4V49X69 | Long             | ABS-CBDO         | CORP              | KY        |   4000000 | PA      | $3938224.00   | 0.16%             | 2036-07-15      | Floating      | 6.03%                 | No            |                  2 | On Loan: No      |
| SBA TOWER TRUST                                                                 | SBA Tower Trust                                                                   | CUSIP: 78403DAZ3<br>LEI: N/A                  | Long             | DBT              |  | US        |   3650000 | PA      | $3796450.78   | 0.15%             | 2028-01-15      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| BMW US Capital LLC                                                              | BMW U.S. Capital LLC                                                              | CUSIP: 05565EAH8<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |   4981000 | PA      | $4722283.02   | 0.19%             | 2026-04-11      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                     | Federal Home Loan Mortgage Corp.                                                  | CUSIP: 3128QHTK6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     12020 | PA      | $12085.00     | 0.00%             | 2037-04-01      | Floating      | 4.72%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan Trust                                              | Countrywide Alternative Loan Trust                                                | CUSIP: 12667GWF6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    290394 | PA      | $248234.24    | 0.01%             | 2035-08-25      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Sec Trust                                   | JP Morgan Chase Commercial Mortgage Securities Trust                              | CUSIP: 46642MAG3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4800000 | PA      | $909575.52    | 0.04%             | 2027-06-10      | Fixed         | 3.77%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                                             | COMM Mortgage Trust                                                               | CUSIP: 12592TAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  17005000 | PA      | $15931392.73  | 0.63%             | 2035-02-10      | Fixed         | 3.18%                 | No            |                  2 | On Loan: No      |
| Countrywide Home Loans                                                          | CHL Mortgage Pass-Through Trust                                                   | CUSIP: 12669FJC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     20284 | PA      | $18729.45     | 0.00%             | 2034-02-25      | Variable      | 4.17%                 | No            |                  2 | On Loan: No      |
| Commerzbank AG                                                                  | Commerzbank AG                                                                    | CUSIP: 20259BAA9<br>LEI: 851WYGNLUQLFZBSYGB56 | Long             | DBT              | CORP              | DE        |   7251000 | PA      | $7317484.78   | 0.29%             | 2023-09-19      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                             | JPMorgan Chase & Co.                                                              | CUSIP: 46647PDK9<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |  11009000 | PA      | $11326253.29  | 0.45%             | 2033-09-14      | Fixed         | 5.72%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                                                             | Petroleos Mexicanos                                                               | CUSIP: 71654QDD1<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    641000 | PA      | $477943.25    | 0.02%             | 2050-01-23      | Fixed         | 7.69%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                     | Federal Home Loan Mortgage Corp.                                                  | CUSIP: 3128QHXK1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     13456 | PA      | $13555.91     | 0.00%             | 2037-05-01      | Floating      | 3.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 31406F6E6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     24388 | PA      | $25109.42     | 0.00%             | 2035-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| VITERRA FINANCE BV                                                              | Viterra Finance BV                                                                | CUSIP: 92852LAC3<br>LEI: 213800HBZGEIZLKJBI17 | Long             | DBT              | CORP              | NL        |   5002000 | PA      | $4801279.74   | 0.19%             | 2027-04-21      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| JBS USA/FOOD/FINANCE                                                            | JBS USA LUX SA/JBS USA Food Co./JBS USA Finance, Inc.                             | CUSIP: 46590XAF3<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |   2483000 | PA      | $2131283.05   | 0.08%             | 2029-02-02      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GM Financial Securitized Term Auto Receivables Tr                               | GM Financial Consumer Automobile Receivables Trust                                | CUSIP: 38013JAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3250000 | PA      | $3254151.88   | 0.13%             | 2026-03-16      | Fixed         | 5.19%                 | No            |                  2 | On Loan: No      |
| Palmer Square CLO Ltd                                                           | Palmer Square CLO Ltd.                                                            | CUSIP: 69689CAW6<br>LEI: 549300PACXK2KP6J2T91 | Long             | ABS-CBDO         | CORP              | KY        |   7546484 | PA      | $7489983.69   | 0.30%             | 2030-07-20      | Floating      | 5.91%                 | No            |                  2 | On Loan: No      |
| Wellfleet CLO Ltd                                                               | Wellfleet CLO Ltd.                                                                | CUSIP: 94949LAL4<br>LEI: 254900SGJWAIVC8ISP96 | Long             | ABS-CBDO         | CORP              | KY        |   4430493 | PA      | $4393781.94   | 0.17%             | 2028-10-20      | Floating      | 5.95%                 | No            |                  2 | On Loan: No      |
| ARCELORMITTAL SA                                                                | ArcelorMittal SA                                                                  | CUSIP: 03938LBE3<br>LEI: 2EULGUTUI56JI9SAL165 | Long             | DBT              | CORP              | LU        |   5937000 | PA      | $6192235.55   | 0.25%             | 2027-11-29      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                                                           | Truist Financial Corp.                                                            | CUSIP: 89788MAM4<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |   7666000 | PA      | $7742896.11   | 0.31%             | 2034-01-26      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| EXPEDIA GROUP INC                                                               | Expedia Group, Inc.                                                               | CUSIP: 30212PAP0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2801000 | PA      | $2642871.11   | 0.10%             | 2028-02-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON INGALLS INDUS                                                        | Huntington Ingalls Industries, Inc.                                               | CUSIP: 446413AZ9<br>LEI: 5TZLZ6WJTBVJ0QWBG121 | Long             | DBT              | CORP              | US        |   6384000 | PA      | $5389993.01   | 0.21%             | 2028-08-16      | Fixed         | 2.04%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810TB4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   9922000 | PA      | $6751998.49   | 0.27%             | 2051-11-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 31418NYJ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     15646 | PA      | $15799.27     | 0.00%             | 2025-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                    | Broadcom, Inc.                                                                    | CUSIP: 11135FBJ9<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |   3314000 | PA      | $2524451.56   | 0.10%             | 2041-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Owens Corning                                                                   | Owens Corning                                                                     | CUSIP: 690742AB7<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | DBT              | CORP              | US        |   8147000 | PA      | $9252507.57   | 0.37%             | 2036-12-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                    | Barclays PLC                                                                      | CUSIP: 06738ECC7<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |   7149000 | PA      | $7501095.83   | 0.30%             | 2026-11-02      | Fixed         | 7.33%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                                             | COMM Mortgage Trust                                                               | CUSIP: 12626LBN1<br>LEI: 549300BCCWSDWINK2593 | Long             | ABS-MBS          | CORP              | US        |    565000 | PA      | $557423.80    | 0.02%             | 2050-08-10      | Variable      | 4.72%                 | No            |                  2 | On Loan: No      |
| Duke Energy Corp                                                                | Duke Energy Corp.                                                                 | CUSIP: 26441CAT2<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |   7191000 | PA      | $5684132.85   | 0.23%             | 2046-09-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| INTESA SANPAOLO SPA                                                             | Intesa Sanpaolo SpA                                                               | CUSIP: 46115HBV8<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |   9500000 | PA      | $10367469.99  | 0.41%             | 2033-11-21      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| DIAGEO CAPITAL PLC                                                              | Diageo Capital PLC                                                                | CUSIP: 25243YBH1<br>LEI: 213800L23DJLALFC4O95 | Long             | DBT              | CORP              | GB        |   2774000 | PA      | $2995294.91   | 0.12%             | 2033-01-24      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ALCON FINANCE CORP                                                              | Alcon Finance Corp.                                                               | CUSIP: 01400EAA1<br>LEI: 549300CUZUI9VU7XNK42 | Long             | DBT              | CORP              | US        |   3484000 | PA      | $3234091.84   | 0.13%             | 2026-09-23      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810RK6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  27484200 | PA      | $22052849.63  | 0.87%             | 2045-02-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CARRIER GLOBAL CORP                                                             | Carrier Global Corp.                                                              | CUSIP: 14448CAQ7<br>LEI: 549300JE3W6CWY2NAN77 | Long             | DBT              | CORP              | US        |   2352000 | PA      | $2049976.58   | 0.08%             | 2030-02-15      | Fixed         | 2.72%                 | No            |                  2 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC                                                        | Warnermedia Holdings, Inc.                                                        | CUSIP: 55903VAN3<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |   6515000 | PA      | $5536899.99   | 0.22%             | 2042-03-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| ANGLO AMERICAN CAPITAL                                                          | Anglo American Capital PLC                                                        | CUSIP: 034863AU4<br>LEI: TINT358G1SSHR3L3PW36 | Long             | DBT              | CORP              | GB        |   3182000 | PA      | $3101457.31   | 0.12%             | 2028-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Cancara Asset Securitisation LLC                                                | Cancara Asset Securitisation LLC                                                  | CUSIP: 13738KSF5<br>LEI: N/A                  | Long             | STIV             | CORP              | JE        |   1636000 | PA      | $1613564.62   | 0.06%             | 2023-05-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Duke Energy Progress LLC                                                        | Duke Energy Progress LLC                                                          | CUSIP: 26442UAE4<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |   2726000 | PA      | $2168030.79   | 0.09%             | 2047-09-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust                                             | New Residential Mortgage Loan Trust                                               | CUSIP: 64829GAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    941143 | PA      | $878374.86    | 0.03%             | 2035-11-26      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| LABORATORY CORP OF AMER                                                         | Laboratory Corp. of America Holdings                                              | CUSIP: 50540RAW2<br>LEI: OZ7UA8IXAIFILY2VZH07 | Long             | DBT              | CORP              | US        |   2929000 | PA      | $2618010.55   | 0.10%             | 2029-12-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust Inc                                               | Citigroup Mortgage Loan Trust, Inc.                                               | CUSIP: 17324VAH7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    185952 | PA      | $174946.58    | 0.01%             | 2042-09-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust                                             | New Residential Mortgage Loan Trust                                               | CUSIP: 64829HAD9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1886558 | PA      | $1742478.52   | 0.07%             | 2056-09-25      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| Gilead Sciences Inc                                                             | Gilead Sciences, Inc.                                                             | CUSIP: 375558BK8<br>LEI: 549300WTZWR07K8MNV44 | Long             | DBT              | CORP              | US        |   1594000 | PA      | $1413347.05   | 0.06%             | 2047-03-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810SL3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   9112000 | PA      | $6454570.67   | 0.26%             | 2050-02-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                                                          | Williams Cos., Inc.                                                               | CUSIP: 96950FAN4<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |   1095000 | PA      | $1065629.38   | 0.04%             | 2044-03-04      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                                                       | Towd Point Mortgage Trust                                                         | CUSIP: 89173UAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1282806 | PA      | $1223431.20   | 0.05%             | 2057-06-25      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 91282CFG1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3682000 | PA      | $3614113.13   | 0.14%             | 2024-08-31      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CMS Energy Corp                                                                 | CMS Energy Corp.                                                                  | CUSIP: 125896BN9<br>LEI: 549300IA9XFBAGNIBW29 | Long             | DBT              | CORP              | US        |    974000 | PA      | $925043.29    | 0.04%             | 2044-03-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810RT7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3501000 | PA      | $2653511.84   | 0.11%             | 2046-08-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| WEYERHAEUSER CO                                                                 | Weyerhaeuser Co.                                                                  | CUSIP: 962166BY9<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | DBT              |  | US        |   5505000 | PA      | $5183225.98   | 0.21%             | 2030-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CORPORATE OFFICE PROP LP                                                        | Corporate Office Properties LP                                                    | CUSIP: 22003BAN6<br>LEI: H0TWO5VRNEP6CQAWPX27 | Long             | DBT              |  | US        |   1623000 | PA      | $1283469.76   | 0.05%             | 2029-01-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ASHTEAD CAPITAL INC                                                             | Ashtead Capital, Inc.                                                             | CUSIP: 045054AL7<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | US        |   3037000 | PA      | $2828482.13   | 0.11%             | 2029-11-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Korea Development Bank/New York NY                                              | Korea Development Bank                                                            | CUSIP: 5006E1TE4<br>LEI: 549300ML2LNRZUCS7149 | Long             | STIV             | CORP              | US        |  17364000 | PA      | $17054280.24  | 0.68%             | 2023-06-14      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| State Street Global Advisors                                                    | State Street Navigator Securities Lending Government Money Market Portfolio       | CUSIP: 857492706<br>LEI: 5493008BJIBKQ5KTIF74 | Long             | STIV             | RF                | US        |  54532290 | NS      | $54532289.50  | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| AMGEN INC                                                                       | Amgen, Inc.                                                                       | CUSIP: 031162CZ1<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |   2411000 | PA      | $1947401.23   | 0.08%             | 2032-01-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810SC3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    414000 | PA      | $370416.80    | 0.01%             | 2048-05-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 91282CFV8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  22437900 | PA      | $23538759.47  | 0.93%             | 2032-11-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                                                      | AbbVie, Inc.                                                                      | CUSIP: 00287YCA5<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |   3184000 | PA      | $2857279.60   | 0.11%             | 2039-11-21      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| PIONEER NATURAL RESOURCE                                                        | Pioneer Natural Resources Co.                                                     | CUSIP: 723787AR8<br>LEI: FY8JBF7CCL2VE4F1B628 | Long             | DBT              | CORP              | US        |   6139000 | PA      | $5067483.29   | 0.20%             | 2031-01-15      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810QX9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  12992500 | PA      | $11084734.05  | 0.44%             | 2042-08-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 9128282A7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4457000 | PA      | $4117501.93   | 0.16%             | 2026-08-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR ACCEPTANCE                                                         | Nissan Motor Acceptance Co. LLC                                                   | CUSIP: 65480CAD7<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |   4767000 | PA      | $3861600.93   | 0.15%             | 2028-09-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 31418MFD9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    308717 | PA      | $322922.18    | 0.01%             | 2034-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FDG/NXP USA                                                          | NXP BV/NXP Funding LLC/NXP USA, Inc.                                              | CUSIP: 62954HAY4<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |   1216000 | PA      | $1086661.66   | 0.04%             | 2030-05-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| PHYSICIANS REALTY LP                                                            | Physicians Realty LP                                                              | CUSIP: 71951QAC6<br>LEI: 549300P6Q1UMT0X60U20 | Long             | DBT              |  | US        |   7157000 | PA      | $5859792.10   | 0.23%             | 2031-11-01      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Cooperatieve Rabobank UA/NY                                                     | Cooperatieve Rabobank UA                                                          | CUSIP: 21687BUX7<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | STIV             | CORP              | US        |   5000000 | PA      | $4878755.15   | 0.19%             | 2023-07-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810SU3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1946000 | PA      | $1329817.35   | 0.05%             | 2051-02-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bills                                                               | CUSIP: 912796XT1<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |   7243000 | PA      | $7242195.59   | 0.29%             | 2023-02-02      | None          | 0.00%                 | No            |                  2 | On Loan: —       |
| New Residential Mortgage Loan Trust                                             | New Residential Mortgage Loan Trust                                               | CUSIP: 64829DAG1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    838572 | PA      | $780713.98    | 0.03%             | 2054-11-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| AVIATION CAPITAL GROUP                                                          | Aviation Capital Group LLC                                                        | CUSIP: 05369AAK7<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |   3332000 | PA      | $2962388.24   | 0.12%             | 2026-01-30      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| Australia & New Zealand Banking Group Ltd                                       | Australia & New Zealand Banking Group Ltd.                                        | CUSIP: 05253CUA2<br>LEI: JHE42UYNWWTJB8YTTU19 | Long             | STIV             | CORP              | AU        |  22900000 | PA      | $22424596.00  | 0.89%             | 2023-07-10      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Victory Receivables Corp                                                        | Victory Receivables Corp.                                                         | CUSIP: 92646LRU6<br>LEI: 549300D0F37QF0LP7F94 | Long             | STIV             | CORP              | US        |  25000000 | PA      | $24715256.25  | 0.98%             | 2023-04-28      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Sierra Receivables Funding Co LLC                                               | Sierra Timeshare Receivables Funding LLC                                          | CUSIP: 82652QAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2496294 | PA      | $2325619.30   | 0.09%             | 2037-11-20      | Fixed         | 0.99%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust                                             | New Residential Mortgage Loan Trust                                               | CUSIP: 64829JAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1703370 | PA      | $1616543.10   | 0.06%             | 2057-02-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| EQUIFAX INC                                                                     | Equifax, Inc.                                                                     | CUSIP: 294429AV7<br>LEI: 5493004MCF8JDC86VS77 | Long             | DBT              | CORP              | US        |   4636000 | PA      | $4698481.83   | 0.19%             | 2027-12-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HO                                                        | Clear Channel Outdoor Holdings, Inc.                                              | CUSIP: 18453HAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2020000 | PA      | $1844361.00   | 0.07%             | 2027-08-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Countrywide Home Loans                                                          | CHL Mortgage Pass-Through Trust                                                   | CUSIP: 12669GTQ4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     65604 | PA      | $58698.07     | 0.00%             | 2035-04-25      | Floating      | 5.09%                 | No            |                  2 | On Loan: No      |
| SHELL INTERNATIONAL FIN                                                         | Shell International Finance BV                                                    | CUSIP: 822582BY7<br>LEI: 213800ITMMKU4Z7I4F78 | Long             | DBT              | CORP              | NL        |   2857000 | PA      | $2425680.28   | 0.10%             | 2046-09-12      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| American Tower Trust I                                                          | American Tower Trust #1                                                           | CUSIP: 03027WAK8<br>LEI: 5493004YGM0MQZJOEJ36 | Long             | DBT              |  | US        |   2800000 | PA      | $2625695.80   | 0.10%             | 2028-03-23      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| AMER AIRLINE 16-2 AA PTT                                                        | American Airlines Pass-Through Trust                                              | CUSIP: 023765AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |       161 | PA      | $143.35       | 0.00%             | 2028-06-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 91282CDK4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  12997000 | PA      | $11835900.79  | 0.47%             | 2026-11-30      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| New Residential Advance Receivables Trust Advance                               | NRZ Advance Receivables Trust                                                     | CUSIP: 62942QCW1<br>LEI: 549300RNWDDBV4LFKJ17 | Long             | ABS-O            | CORP              | US        |   7643553 | PA      | $7398753.65   | 0.29%             | 2053-09-15      | Fixed         | 1.48%                 | No            |                  2 | On Loan: No      |
| Welk Resorts LLC                                                                | Welk Resorts LLC                                                                  | CUSIP: 94945PAA3<br>LEI: 549300MEV7EEC7NFNW78 | Long             | ABS-O            | CORP              | US        |   1267536 | PA      | $1261912.00   | 0.05%             | 2033-06-15      | Fixed         | 2.82%                 | No            |                  2 | On Loan: No      |
| Impac CMB Trust                                                                 | Impac CMB Trust                                                                   | CUSIP: 45254NJV0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      5379 | PA      | $5156.77      | 0.00%             | 2034-10-25      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                                                       | Uniform Mortgage-Backed Security, TBA                                             | CUSIP: 01F030629<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  97690000 | PA      | $88613452.12  | 3.51%             | 2053-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MASTR Adjustable Rate Mortgages Trust                                           | MASTR Adjustable Rate Mortgages Trust                                             | CUSIP: 57645WAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    192455 | PA      | $115253.92    | 0.00%             | 2035-11-25      | Variable      | 3.67%                 | No            |                  2 | On Loan: No      |
| CORPORATE OFFICE PROP LP                                                        | Corporate Office Properties LP                                                    | CUSIP: 22003BAL0<br>LEI: H0TWO5VRNEP6CQAWPX27 | Long             | DBT              |  | US        |   1209000 | PA      | $1092879.38   | 0.04%             | 2026-03-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Manhattan Asset Funding Co LLC                                                  | Manhattan Asset Funding Co. LLC                                                   | CUSIP: 56274MUA8<br>LEI: 549300S0NSJYSOB32S63 | Long             | STIV             | CORP              | US        |  11073000 | PA      | $10830033.80  | 0.43%             | 2023-07-10      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BUNGE LTD FINANCE CORP                                                          | Bunge Ltd. Finance Corp.                                                          | CUSIP: 120568BC3<br>LEI: 549300QHC068L40NNM71 | Long             | DBT              | CORP              | US        |   6218000 | PA      | $5311785.32   | 0.21%             | 2031-05-14      | Fixed         | 2.75%                 | No            |                  2 | On Loan: —       |
| CIFC Funding Ltd                                                                | CIFC Funding Ltd.                                                                 | CUSIP: 12548JAC6<br>LEI: 254900S2BZHNDNVF2L25 | Long             | ABS-CBDO         | CORP              | KY        |  10247922 | PA      | $10192060.31  | 0.40%             | 2030-07-20      | Floating      | 6.03%                 | No            |                  2 | On Loan: No      |
| 321 Henderson Receivables LLC                                                   | 321 Henderson Receivables VI LLC                                                  | CUSIP: 88576XAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3372379 | PA      | $3290565.87   | 0.13%             | 2059-07-15      | Fixed         | 5.56%                 | No            |                  2 | On Loan: No      |
| AVOLON HOLDINGS FNDG LTD                                                        | Avolon Holdings Funding Ltd.                                                      | CUSIP: 05401AAH4<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |   8743000 | PA      | $8196619.85   | 0.33%             | 2025-02-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                           | Wells Fargo & Co.                                                                 | CUSIP: 95000U3A9<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   9666000 | PA      | $9630141.17   | 0.38%             | 2028-07-25      | Fixed         | 4.81%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810SH2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3692500 | PA      | $3162280.08   | 0.13%             | 2049-05-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                     | Federal Home Loan Mortgage Corp.                                                  | CUSIP: 3128QHTC4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      1897 | PA      | $1854.11      | 0.00%             | 2037-02-01      | Floating      | 2.82%                 | No            |                  2 | On Loan: No      |
| Fontainebleau Miami Beach Trust                                                 | Fontainebleau Miami Beach Trust                                                   | CUSIP: 34461LAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3800000 | PA      | $3587235.72   | 0.14%             | 2036-12-10      | Fixed         | 3.14%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                                                       | Morgan Stanley Bank of America Merrill Lynch Trust                                | CUSIP: 61762TAH9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1035000 | PA      | $763410.72    | 0.03%             | 2046-08-15      | Variable      | 4.40%                 | No            |                  2 | On Loan: No      |
| MVW Owner Trust                                                                 | MVW LLC                                                                           | CUSIP: 55400UAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7231053 | PA      | $6988994.29   | 0.28%             | 2039-11-21      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| PILGRIM'S PRIDE CORP                                                            | Pilgrim's Pride Corp.                                                             | CUSIP: 72147KAG3<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | DBT              | CORP              | US        |   6300000 | PA      | $5126625.00   | 0.20%             | 2032-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| WAMU Mortgage Pass-Through Certificates                                         | WaMu Mortgage Pass-Through Certificates Trust                                     | CUSIP: 92927BAB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     24426 | PA      | $510.85       | 0.00%             | 2047-07-25      | Floating      | 3.24%                 | No            |                  2 | On Loan: No      |
| HarborView Mortgage Loan Trust                                                  | HarborView Mortgage Loan Trust                                                    | CUSIP: 41161PDW0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    112507 | PA      | $99081.22     | 0.00%             | 2034-06-19      | Floating      | 5.03%                 | No            |                  2 | On Loan: No      |
| AstraZeneca PLC                                                                 | AstraZeneca PLC                                                                   | CUSIP: 046353AU2<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | DBT              | CORP              | GB        |   4122000 | PA      | $3931514.63   | 0.16%             | 2048-08-17      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ELECTRIC                                                         | Public Service Electric & Gas Co.                                                 | CUSIP: 74456QBL9<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |   1955000 | PA      | $1885273.42   | 0.07%             | 2025-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GoodLeap Sustainable Home Improvement Loan Trust                                | GoodLeap Sustainable Home Solutions Trust                                         | CUSIP: 38237HAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3630769 | PA      | $2952771.50   | 0.12%             | 2048-10-20      | Fixed         | 2.31%                 | No            |                  2 | On Loan: No      |
| Sierra Receivables Funding Co LLC                                               | Sierra Timeshare Receivables Funding LLC                                          | CUSIP: 82653GAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    922555 | PA      | $914535.82    | 0.04%             | 2035-09-20      | Fixed         | 3.69%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP AMERICA                                                        | Volkswagen Group of America Finance LLC                                           | CUSIP: 928668BN1<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |   3463000 | PA      | $2982546.39   | 0.12%             | 2027-11-24      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| SIMON PROPERTY GROUP LP                                                         | Simon Property Group LP                                                           | CUSIP: 828807DM6<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              |  | US        |   3744000 | PA      | $3079958.58   | 0.12%             | 2031-02-01      | Fixed         | 2.20%                 | No            |                  2 | On Loan: —       |
| 321 Henderson Receivables LLC                                                   | JG Wentworth XXII LLC                                                             | CUSIP: 46616MAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    493740 | PA      | $482078.65    | 0.02%             | 2048-12-15      | Fixed         | 3.82%                 | No            |                  2 | On Loan: No      |
| SABINE PASS LIQUEFACTION                                                        | Sabine Pass Liquefaction LLC                                                      | CUSIP: 785592AU0<br>LEI: 549300KJYBG7C6WJYZ11 | Long             | DBT              | CORP              | US        |   2888000 | PA      | $2785640.67   | 0.11%             | 2028-03-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| 321 Henderson Receivables LLC                                                   | JGWPT XXVIII LLC                                                                  | CUSIP: 46617FAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    938397 | PA      | $826192.01    | 0.03%             | 2067-04-15      | Fixed         | 3.22%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                     | Federal Home Loan Mortgage Corp.                                                  | CUSIP: 3128QSU46<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     51899 | PA      | $52075.56     | 0.00%             | 2038-01-01      | Floating      | 3.18%                 | No            |                  2 | On Loan: No      |
| Laurel Road Prime Student Loan Trust                                            | Laurel Road Prime Student Loan Trust                                              | CUSIP: 51888RAB6<br>LEI: 549300XLHGW4YH0MCQ51 | Long             | ABS-O            | CORP              | US        |    255159 | PA      | $250487.91    | 0.01%             | 2043-05-26      | Fixed         | 3.54%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 31415MM77<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    305566 | PA      | $325603.10    | 0.01%             | 2038-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                                                       | Uniform Mortgage-Backed Security, TBA                                             | CUSIP: 01F022428<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  23182000 | PA      | $21661586.74  | 0.86%             | 2038-02-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Structured Adjustable Rate Mortgage Loan Trust                                  | Structured Adjustable Rate Mortgage Loan Trust                                    | CUSIP: 86363GAF1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    493051 | PA      | $245911.19    | 0.01%             | 2047-04-25      | Variable      | 3.49%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                                                       | ONEOK, Inc.                                                                       | CUSIP: 682680BG7<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |   5869000 | PA      | $6156488.21   | 0.24%             | 2032-11-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| CARGILL INC                                                                     | Cargill, Inc.                                                                     | CUSIP: 141781BZ6<br>LEI: QXZYQNMR4JZ5RIRN4T31 | Long             | DBT              | CORP              | US        |   2894000 | PA      | $3001017.20   | 0.12%             | 2032-10-11      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| GE HEALTHCARE TECH INC                                                          | GE HealthCare Technologies, Inc.                                                  | CUSIP: 36267VAG8<br>LEI: 549300OI9J7XOWZMUN85 | Long             | DBT              | CORP              | US        |   2577000 | PA      | $2729342.47   | 0.11%             | 2030-03-15      | Fixed         | 5.86%                 | No            |                  2 | On Loan: No      |
| APTIV PLC / APTIV CORP                                                          | Aptiv PLC/Aptiv Corp.                                                             | CUSIP: 00217GAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | JE        |   3121000 | PA      | $2687437.20   | 0.11%             | 2032-03-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| SENSATA TECH INC                                                                | Sensata Technologies, Inc.                                                        | CUSIP: 81728UAA2<br>LEI: 5493002MMDDCUNV7NY90 | Long             | DBT              | CORP              | US        |   4143000 | PA      | $3751072.20   | 0.15%             | 2030-02-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| RAAC Series                                                                     | RAAC Trust                                                                        | CUSIP: 74919LAD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    406415 | PA      | $364861.56    | 0.01%             | 2046-11-25      | Floating      | 4.86%                 | No            |                  2 | On Loan: No      |
| Sprint Capital Corp                                                             | Sprint Capital Corp.                                                              | CUSIP: 852060AD4<br>LEI: 549300L17W0GQBR1PO80 | Long             | DBT              | CORP              | US        |    822000 | PA      | $879168.13    | 0.03%             | 2028-11-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 3138ABBJ7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     11452 | PA      | $11245.62     | 0.00%             | 2041-03-01      | Floating      | 2.25%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                         | Goldman Sachs Group, Inc.                                                         | CUSIP: 38141GZM9<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   8768000 | PA      | $7490753.16   | 0.30%             | 2033-02-24      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Structured Adjustable Rate Mortgage Loan Trust                                  | Structured Adjustable Rate Mortgage Loan Trust                                    | CUSIP: 863579UL0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    189811 | PA      | $114115.35    | 0.00%             | 2035-07-25      | Variable      | 4.11%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 9128284V9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  12179700 | PA      | $11702978.99  | 0.46%             | 2028-08-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: —       |
| JP Morgan Mortgage Trust                                                        | JP Morgan Mortgage Trust                                                          | CUSIP: 466247BL6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     12013 | PA      | $10807.25     | 0.00%             | 2034-02-25      | Variable      | 2.98%                 | No            |                  2 | On Loan: No      |
| Lexington Parker Capital Co LLC                                                 | Lexington Parker Capital Co. LLC                                                  | CUSIP: 52953BQ30<br>LEI: 5493005MSQJBO8BDMA02 | Long             | STIV             | CORP              | US        |  14905000 | PA      | $14846447.35  | 0.59%             | 2023-03-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Inflation-Indexed Bonds                                             | CUSIP: 912810PZ5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  13283840 | PA      | $14109539.31  | 0.56%             | 2029-01-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                         | HCA, Inc.                                                                         | CUSIP: 404119BX6<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   3196000 | PA      | $3031280.91   | 0.12%             | 2029-06-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                     | Federal Home Loan Mortgage Corp.                                                  | CUSIP: 31298T5K4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    144697 | PA      | $150099.15    | 0.01%             | 2031-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810SX7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3830000 | PA      | $2942367.59   | 0.12%             | 2051-05-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 91282CAE1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   9737000 | PA      | $7909410.77   | 0.31%             | 2030-08-15      | Fixed         | 0.63%                 | No            |                  2 | On Loan: —       |
| Duke Energy Corp                                                                | Duke Energy Corp.                                                                 | CUSIP: 26441CAN5<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |   4753000 | PA      | $4688731.79   | 0.19%             | 2024-04-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 31418MY63<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    334376 | PA      | $353083.63    | 0.01%             | 2040-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fixed Income Clearing Corp                                                      | FIXED INC CLEARING CORP.REPO                                                      | CUSIP: 000000000<br>LEI: 549300H47WTHXPU08X20 | Long             | RA               | CORP              | US        |  25033965 | PA      | $25033965.47  | 0.99%             |  |  |  | No            |                  2 | On Loan: No      |
| TAKE-TWO INTERACTIVE SOF                                                        | Take-Two Interactive Software, Inc.                                               | CUSIP: 874054AF6<br>LEI: BOMSTHHJK882EWYX3334 | Long             | DBT              | CORP              | US        |   6520000 | PA      | $6312607.15   | 0.25%             | 2025-04-14      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| Hilton Grand Vacations Trust                                                    | Hilton Grand Vacations Trust                                                      | CUSIP: 43283AAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1567465 | PA      | $1545828.97   | 0.06%             | 2028-12-26      | Fixed         | 2.66%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                          | Verizon Communications, Inc.                                                      | CUSIP: 92343VFW9<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |   9757000 | PA      | $6449568.43   | 0.26%             | 2056-10-30      | Fixed         | 2.99%                 | No            |                  2 | On Loan: No      |
| Intesa Sanpaolo SpA                                                             | Intesa Sanpaolo SpA                                                               | CUSIP: 46115HAT4<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |   2745000 | PA      | $2677221.86   | 0.11%             | 2024-06-26      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| General Electric Co                                                             | General Electric Co.                                                              | CUSIP: 369604BF9<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | DBT              | CORP              | US        |   2771000 | PA      | $2357794.38   | 0.09%             | 2042-10-09      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| NORTHERN TRUST CORP                                                             | Northern Trust Corp.                                                              | CUSIP: 665859AX2<br>LEI: 549300GLF98S992BC502 | Long             | DBT              | CORP              | US        |   6903000 | PA      | $7571914.09   | 0.30%             | 2032-11-02      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 31418QGR8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      4276 | PA      | $4319.75      | 0.00%             | 2025-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GXO LOGISTICS INC                                                               | GXO Logistics, Inc.                                                               | CUSIP: 36262GAD3<br>LEI: 5493007CNWMXN78JRN66 | Long             | DBT              | CORP              | US        |   9977000 | PA      | $7818145.41   | 0.31%             | 2031-07-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| EXPEDIA GROUP INC                                                               | Expedia Group, Inc.                                                               | CUSIP: 30212PBH7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    402000 | PA      | $337298.91    | 0.01%             | 2031-03-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                                                        | AerCap Ireland Capital DAC/AerCap Global Aviation Trust                           | CUSIP: 00774MAL9<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |   6232000 | PA      | $6035737.24   | 0.24%             | 2026-04-03      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF CHILE                                                               | Chile Government International Bonds                                              | CUSIP: 168863DL9<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |    825000 | PA      | $620165.58    | 0.02%             | 2050-01-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: —       |
| Countrywide Alternative Loan Trust                                              | Countrywide Alternative Loan Trust                                                | CUSIP: 02151BBG2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4664828 | PA      | $1978923.11   | 0.08%             | 2037-09-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| General Motors Co                                                               | General Motors Co.                                                                | CUSIP: 37045VAF7<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |   1445000 | PA      | $1433134.48   | 0.06%             | 2043-10-02      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Trafigura Securitisation Finance Plc                                            | Trafigura Securitisation Finance PLC                                              | CUSIP: 892725AS1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | IE        |   4500000 | PA      | $4081234.50   | 0.16%             | 2025-01-15      | Fixed         | 1.08%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 31410KFF6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     78742 | PA      | $82989.68     | 0.00%             | 2038-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                                           | Wells Fargo Commercial Mortgage Trust                                             | CUSIP: 94989CBC4<br>LEI: 549300DT2BKPLXAJ4C66 | Long             | ABS-MBS          | CORP              | US        |   3000000 | PA      | $2804941.80   | 0.11%             | 2048-02-15      | Fixed         | 3.78%                 | No            |                  2 | On Loan: No      |
| BorgWarner Inc                                                                  | BorgWarner, Inc.                                                                  | CUSIP: 099724AJ5<br>LEI: 549300DSFX2IE88NSX47 | Long             | DBT              | CORP              | US        |   3645000 | PA      | $3519680.71   | 0.14%             | 2025-03-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: —       |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 31416TL56<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    648199 | PA      | $657861.19    | 0.03%             | 2039-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GSK CONSUMER HEALTHCARE                                                         | GSK Consumer Healthcare Capital U.S. LLC                                          | CUSIP: 36264FAK7<br>LEI: 549300N8C3A3L0UVQB07 | Long             | DBT              | CORP              | US        |   6802000 | PA      | $6428331.86   | 0.25%             | 2027-03-24      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust Inc                                               | Citigroup Mortgage Loan Trust, Inc.                                               | CUSIP: 17326QAA1<br>LEI: 549300R1KUK063S4I339 | Long             | ABS-MBS          | CORP              | US        |   1113749 | PA      | $1062238.26   | 0.04%             | 2064-09-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                           | Wells Fargo & Co.                                                                 | CUSIP: 949746RG8<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   2943000 | PA      | $2873103.75   | 0.11%             | 2024-06-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                          | Pacific Gas & Electric Co.                                                        | CUSIP: 694308JG3<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |   4892000 | PA      | $3937712.91   | 0.16%             | 2031-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Entergy Arkansas LLC                                                            | Entergy Arkansas LLC                                                              | CUSIP: 29364DAS9<br>LEI: 549300A0I5ONUIFMLP35 | Long             | DBT              | CORP              | US        |   1493000 | PA      | $1473267.86   | 0.06%             | 2024-06-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 91282CDJ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  37727000 | PA      | $31721627.84  | 1.26%             | 2031-11-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| GLOBAL ATLANTIC FIN CO                                                          | Global Atlantic Fin Co.                                                           | CUSIP: 37959GAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   9317000 | PA      | $7165804.76   | 0.28%             | 2031-06-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Black Hills Corp                                                                | Black Hills Corp.                                                                 | CUSIP: 092113AH2<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | DBT              | CORP              | US        |   4781000 | PA      | $4751032.31   | 0.19%             | 2023-11-30      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| OHIO NAT FINANCIAL SRVS                                                         | Ohio National Financial Services, Inc.                                            | CUSIP: 67740QAH9<br>LEI: 549300K609B872PZT291 | Long             | DBT              | CORP              | US        |  10038000 | PA      | $9531578.88   | 0.38%             | 2030-01-24      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Merrill Lynch Mortgage Investors Trust                                          | Merrill Lynch Mortgage Investors Trust                                            | CUSIP: 59020UAB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     45065 | PA      | $41392.71     | 0.00%             | 2034-02-25      | Variable      | 3.43%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                | Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates | CUSIP: 3137BFE98<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  17140000 | PA      | $16725314.84  | 0.66%             | 2024-10-25      | Fixed         | 3.17%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 91282CBL4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5731000 | PA      | $4812920.68   | 0.19%             | 2031-02-15      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                                                       | Towd Point Mortgage Trust                                                         | CUSIP: 89177BAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6908057 | PA      | $6649449.91   | 0.26%             | 2058-03-25      | Variable      | 3.73%                 | No            |                  2 | On Loan: No      |
| New Residential Advance Receivables Trust Advance                               | New Residential Advance Receivables Trust Advance Receivables Backed              | CUSIP: 62942QCR2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  11450000 | PA      | $11100637.60  | 0.44%             | 2053-08-15      | Fixed         | 1.43%                 | No            |                  2 | On Loan: No      |
| MVW Owner Trust                                                                 | MVW Owner Trust                                                                   | CUSIP: 55389PAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    367780 | PA      | $349464.09    | 0.01%             | 2036-11-20      | Fixed         | 2.89%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust                                             | New Residential Mortgage Loan Trust                                               | CUSIP: 64828MAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2683961 | PA      | $2556980.53   | 0.10%             | 2057-04-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Orange Lake Timeshare Trust                                                     | Orange Lake Timeshare Trust                                                       | CUSIP: 68504WAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    574397 | PA      | $556968.53    | 0.02%             | 2030-11-08      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 31416CCW4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2698825 | PA      | $2718690.15   | 0.11%             | 2039-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 912828Z94<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2244700 | PA      | $1965953.85   | 0.08%             | 2030-02-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| DTE Electric Co                                                                 | DTE Electric Co.                                                                  | CUSIP: 23338VAD8<br>LEI: 9N0FWODEJVKHC2DYLO03 | Long             | DBT              | CORP              | US        |   7295000 | PA      | $6662076.54   | 0.26%             | 2044-07-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 31402RN21<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     16249 | PA      | $16600.28     | 0.00%             | 2035-08-01      | Floating      | 3.74%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                              | Energy Transfer LP                                                                | CUSIP: 29273RAY5<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   2863000 | PA      | $2851708.90   | 0.11%             | 2024-02-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Merrill Lynch Mortgage Investors Trust                                          | Merrill Lynch Mortgage Investors Trust                                            | CUSIP: 59020UXK6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     41627 | PA      | $35911.22     | 0.00%             | 2035-07-25      | Variable      | 3.22%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 91282CFM8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3536000 | PA      | $3601885.62   | 0.14%             | 2027-09-30      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 9128284N7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  23720100 | PA      | $22824110.23  | 0.91%             | 2028-05-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| KEYSIGHT TECHNOLOGIES                                                           | Keysight Technologies, Inc.                                                       | CUSIP: 49338LAE3<br>LEI: 549300GLKVIO8YRCYN02 | Long             | DBT              | CORP              | US        |   3395000 | PA      | $3392451.20   | 0.13%             | 2027-04-06      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Liberty Street Funding LLC                                                      | Liberty Street Funding LLC                                                        | CUSIP: 53127USR2<br>LEI: 549300F33VRHM10B9391 | Long             | STIV             | CORP              | US        |  10900000 | PA      | $10732732.20  | 0.43%             | 2023-05-25      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| BB-UBS Trust                                                                    | BB-UBS Trust                                                                      | CUSIP: 05490AAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1747655 | PA      | $1708924.16   | 0.07%             | 2030-06-05      | Fixed         | 2.89%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810SD1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3727300 | PA      | $3259931.54   | 0.13%             | 2048-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SBA Tower Trust                                                                 | SBA Tower Trust                                                                   | CUSIP: 78403DAN0<br>LEI: N/A                  | Long             | DBT              |  | US        |  13134000 | PA      | $12411035.03  | 0.49%             | 2025-01-15      | Fixed         | 2.84%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 91282CER8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1347000 | PA      | $1310115.35   | 0.05%             | 2024-05-31      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                                                        | JP Morgan Mortgage Trust                                                          | CUSIP: 46629AAM3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    152496 | PA      | $63554.23     | 0.00%             | 2036-08-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 9128285M8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  13172000 | PA      | $12813886.25  | 0.51%             | 2028-11-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORP                                                                | BAT Capital Corp.                                                                 | CUSIP: 05526DBR5<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |   5667000 | PA      | $4863798.86   | 0.19%             | 2028-03-25      | Fixed         | 2.26%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 9128285Z9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2462000 | PA      | $2408239.92   | 0.10%             | 2024-01-31      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                                        | Lloyds Banking Group PLC                                                          | CUSIP: 539439AW9<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |   5002000 | PA      | $5700660.30   | 0.23%             | 2033-11-15      | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                                             | Citigroup Commercial Mortgage Trust                                               | CUSIP: 17322AAD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4165000 | PA      | $4094327.03   | 0.16%             | 2047-03-11      | Fixed         | 4.02%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                                                | Deutsche Bank AG                                                                  | CUSIP: 251525AM3<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |   6871000 | PA      | $6701453.88   | 0.27%             | 2028-05-24      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                                                       | Uniform Mortgage-Backed Security, TBA                                             | CUSIP: 01F032625<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        | 100323000 | PA      | $94019502.25  | 3.73%             | 2053-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                                                       | Uniform Mortgage-Backed Security, TBA                                             | CUSIP: 01F032427<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  15253000 | PA      | $14863929.37  | 0.59%             | 2038-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                              | Energy Transfer LP                                                                | CUSIP: 29273RAZ2<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   1293000 | PA      | $1276012.99   | 0.05%             | 2043-10-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                                                       | Towd Point Mortgage Trust                                                         | CUSIP: 89176EAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2776317 | PA      | $2686928.82   | 0.11%             | 2058-01-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 31402DGM6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    122882 | PA      | $128537.57    | 0.01%             | 2034-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                                                         | Oncor Electric Delivery Co. LLC                                                   | CUSIP: 68233JAS3<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |    707000 | PA      | $744297.69    | 0.03%             | 2042-06-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 3138ELMZ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    160314 | PA      | $157802.77    | 0.01%             | 2028-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                                                    | Comcast Corp.                                                                     | CUSIP: 20030NDU2<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |   1620000 | PA      | $1096980.20   | 0.04%             | 2056-11-01      | Fixed         | 2.94%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                                             | Citigroup Commercial Mortgage Trust                                               | CUSIP: 17322AAC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1280763 | PA      | $1261960.92   | 0.05%             | 2047-03-11      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 31410FRW7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    124200 | PA      | $130203.06    | 0.01%             | 2036-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MICROCHIP TECHNOLOGY INC                                                        | Microchip Technology, Inc.                                                        | CUSIP: 595017BC7<br>LEI: 5493007PTFULNYZJ1R12 | Long             | DBT              | CORP              | US        |   4561000 | PA      | $4269326.10   | 0.17%             | 2024-09-01      | Fixed         | 0.98%                 | No            |                  2 | On Loan: No      |
| NBCUniversal Media LLC                                                          | NBCUniversal Media LLC                                                            | CUSIP: 63946BAJ9<br>LEI: VTBDOQJ6KOGQ6K786R46 | Long             | DBT              | CORP              | US        |   3353000 | PA      | $3126367.85   | 0.12%             | 2043-01-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Atlantic Asset Securitization LLC                                               | Atlantic Asset Securitization LLC                                                 | CUSIP: 04821UPF3<br>LEI: 549300BUNY5BIX4CVW20 | Long             | STIV             | CORP              | US        |  12773000 | PA      | $12749045.26  | 0.51%             | 2023-02-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| IndyMac INDX Mortgage Loan Trust                                                | IndyMac INDX Mortgage Loan Trust                                                  | CUSIP: 45669JAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    287330 | PA      | $217289.30    | 0.01%             | 2037-08-25      | Variable      | 3.22%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                                                       | Uniform Mortgage-Backed Security, TBA                                             | CUSIP: 01F020422<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  39350000 | PA      | $35740867.19  | 1.42%             | 2038-02-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                        | Ford Motor Credit Co. LLC                                                         | CUSIP: 345397B28<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   6702000 | PA      | $6281784.60   | 0.25%             | 2025-11-13      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| CARLISLE COS INC                                                                | Carlisle Cos., Inc.                                                               | CUSIP: 142339AL4<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | DBT              | CORP              | US        |   3830000 | PA      | $3048997.20   | 0.12%             | 2032-03-01      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| Fontainebleau Miami Beach Trust                                                 | Fontainebleau Miami Beach Trust                                                   | CUSIP: 34461LAJ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4570000 | PA      | $4301523.47   | 0.17%             | 2036-12-10      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                                                          | Credit Suisse Group AG                                                            | CUSIP: 225401AM0<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |   4526000 | PA      | $4137554.60   | 0.16%             | 2025-09-11      | Fixed         | 2.59%                 | No            |                  2 | On Loan: No      |
| Orange Lake Timeshare Trust                                                     | Orange Lake Timeshare Trust                                                       | CUSIP: 68504WAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    702047 | PA      | $680989.67    | 0.03%             | 2030-11-08      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| BOARDWALK PIPELINES LP                                                          | Boardwalk Pipelines LP                                                            | CUSIP: 096630AH1<br>LEI: 549300W6AQ2GHHCGL606 | Long             | DBT              | CORP              | US        |   3125000 | PA      | $2784177.84   | 0.11%             | 2031-02-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 31410K3E2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     20114 | PA      | $20984.22     | 0.00%             | 2038-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SYSCO CORPORATION                                                               | Sysco Corp.                                                                       | CUSIP: 871829BC0<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | DBT              | CORP              | US        |   5932000 | PA      | $5699240.60   | 0.23%             | 2026-07-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| RACKSPACE TECHNOLOGY                                                            | Rackspace Technology Global, Inc.                                                 | CUSIP: 750098AB1<br>LEI: 549300QTYCKLMFSE8I97 | Long             | DBT              | CORP              | US        |   2902000 | PA      | $1758321.80   | 0.07%             | 2028-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                                                 | CVS Health Corp.                                                                  | CUSIP: 126650DP2<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |   3472000 | PA      | $2495818.73   | 0.10%             | 2040-08-21      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| SONOCO PRODUCTS CO                                                              | Sonoco Products Co.                                                               | CUSIP: 835495AN2<br>LEI: GKOMIK4RDJGHEF0VNP11 | Long             | DBT              | CORP              | US        |   3740000 | PA      | $3379057.95   | 0.13%             | 2027-02-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                                                       | Uniform Mortgage-Backed Security, TBA                                             | CUSIP: 01F020620<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  46160000 | PA      | $38812265.51  | 1.54%             | 2053-02-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CNH INDUSTRIAL CAP LLC                                                          | CNH Industrial Capital LLC                                                        | CUSIP: 12592BAP9<br>LEI: 549300PNSJ5B81UMVO28 | Long             | DBT              | CORP              | US        |   5538000 | PA      | $5625669.81   | 0.22%             | 2025-10-14      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                                                        | AerCap Ireland Capital DAC/AerCap Global Aviation Trust                           | CUSIP: 00774MAP0<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |   4363000 | PA      | $4338976.10   | 0.17%             | 2023-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AVIATION CAPITAL GROUP                                                          | Aviation Capital Group LLC                                                        | CUSIP: 05369AAH4<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |   8463000 | PA      | $8377758.63   | 0.33%             | 2024-12-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                | Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates | CUSIP: 3137B7YY9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   6965000 | PA      | $6870639.57   | 0.27%             | 2024-01-25      | Fixed         | 3.49%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                                                       | Towd Point Mortgage Trust                                                         | CUSIP: 89180YAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  14163098 | PA      | $13444801.90  | 0.53%             | 2062-09-25      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                              | Energy Transfer LP                                                                | CUSIP: 29273VAP5<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   2532000 | PA      | $2573094.36   | 0.10%             | 2028-02-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Baidu Inc                                                                       | Baidu, Inc.                                                                       | CUSIP: 056752AM0<br>LEI: 254900AL64IANZYI1E02 | Long             | DBT              | CORP              | KY        |   4652000 | PA      | $4600188.86   | 0.18%             | 2024-05-14      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| Sierra Receivables Funding Co LLC                                               | Sierra Timeshare Receivables Funding LLC                                          | CUSIP: 82653EAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1981179 | PA      | $1910920.26   | 0.08%             | 2036-01-20      | Fixed         | 3.42%                 | No            |                  2 | On Loan: No      |
| Carlisle Cos Inc                                                                | Carlisle Cos., Inc.                                                               | CUSIP: 142339AH3<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | DBT              | CORP              | US        |   3740000 | PA      | $3581485.37   | 0.14%             | 2027-12-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan Trust                                              | Countrywide Alternative Loan Trust                                                | CUSIP: 12668ACZ6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    334878 | PA      | $273398.69    | 0.01%             | 2035-11-20      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| Honda Auto Receivables Owner Trust                                              | Honda Auto Receivables Owner Trust                                                | CUSIP: 43815PAB5<br>LEI: 549300O8F12G9LCGR139 | Long             | ABS-O            | CORP              | US        |   4188000 | PA      | $4149932.34   | 0.16%             | 2025-03-18      | Fixed         | 3.81%                 | No            |                  2 | On Loan: No      |
| HCA Inc                                                                         | HCA, Inc.                                                                         | CUSIP: 404119BV0<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   2893000 | PA      | $2736503.28   | 0.11%             | 2047-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Sierra Receivables Funding Co LLC                                               | Sierra Timeshare Receivables Funding LLC                                          | CUSIP: 82653EAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    871719 | PA      | $844365.20    | 0.03%             | 2036-01-20      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bills                                                               | CUSIP: 912796ZZ5<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  23209000 | PA      | $22709721.26  | 0.90%             | 2023-07-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| DBS Bank Ltd                                                                    | DBS Bank Ltd.                                                                     | CUSIP: 23305EUT8<br>LEI: ATUEL7OJR5057F2PV266 | Long             | STIV             | CORP              | SG        |  23785000 | PA      | $23204729.25  | 0.92%             | 2023-07-27      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                                                     | Oracle Corp.                                                                      | CUSIP: 68389XCK9<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   5825000 | PA      | $6694459.65   | 0.27%             | 2052-11-09      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                | Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates | CUSIP: 3137FBU61<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2930464 | PA      | $2880260.59   | 0.11%             | 2027-06-25      | Fixed         | 2.89%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust                                             | New Residential Mortgage Loan Trust                                               | CUSIP: 64830GAB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    824017 | PA      | $786567.05    | 0.03%             | 2057-12-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Britannia Funding Co LLC                                                        | Britannia Funding Co. LLC                                                         | CUSIP: 11042MP77<br>LEI: 549300X2ZBE7GS6QP587 | Long             | STIV             | CORP              | US        |  15000000 | PA      | $14986933.35  | 0.59%             | 2023-02-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810QW1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3570000 | PA      | $3179391.81   | 0.13%             | 2042-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                                                    | CSMC Trust                                                                        | CUSIP: 12657GAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4129043 | PA      | $3683220.17   | 0.15%             | 2060-10-25      | Variable      | 2.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bills                                                               | CUSIP: 912796YK9<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  35652000 | PA      | $35492849.47  | 1.41%             | 2023-03-09      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                            | Bank of America Corp.                                                             | CUSIP: 06051GKQ1<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |  11175000 | PA      | $10770010.51  | 0.43%             | 2033-04-27      | Fixed         | 4.57%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                  | Morgan Stanley                                                                    | CUSIP: 61747YEU5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   5027000 | PA      | $4966156.86   | 0.20%             | 2033-07-20      | Fixed         | 4.89%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                     | Federal Home Loan Mortgage Corp.                                                  | CUSIP: 3128JM3C9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      5633 | PA      | $5591.96      | 0.00%             | 2034-12-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                         | Municipal Electric Authority of Georgia                                           | CUSIP: 626207YF5<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |    270000 | PA      | $307384.71    | 0.01%             | 2057-04-01      | Fixed         | 6.64%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                        | Government National Mortgage Association                                          | CUSIP: 38378BM71<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2372458 | PA      | $38019.11     | 0.00%             | 2053-02-16      | Variable      | 0.64%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 31413NJ63<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       766 | PA      | $764.50       | 0.00%             | 2037-08-01      | Floating      | 3.37%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 31403V4K2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1095 | PA      | $1124.53      | 0.00%             | 2034-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 31406H3D7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      3489 | PA      | $3510.33      | 0.00%             | 2035-01-01      | Floating      | 4.74%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 31417SBN9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1322464 | PA      | $1361612.46   | 0.05%             | 2039-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                              | Energy Transfer LP                                                                | CUSIP: 29273RBB4<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   4041000 | PA      | $4111911.06   | 0.16%             | 2024-02-01      | Fixed         | 7.60%                 | No            |                  2 | On Loan: No      |
| BXG Receivables Note Trust                                                      | BXG Receivables Note Trust                                                        | CUSIP: 05606XAA2<br>LEI: 549300R4HW4HQYM9LE23 | Long             | ABS-O            | CORP              | US        |    227449 | PA      | $218619.33    | 0.01%             | 2030-05-02      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 3138X4FZ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    385022 | PA      | $378987.28    | 0.02%             | 2028-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust                                             | New Residential Mortgage Loan Trust                                               | CUSIP: 64829KBV1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1920951 | PA      | $1816013.04   | 0.07%             | 2057-03-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                                                              | Realty Income Corp.                                                               | CUSIP: 756109BP8<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |   2319000 | PA      | $2452163.57   | 0.10%             | 2032-10-13      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bills                                                               | CUSIP: 912796ZP7<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  33991000 | PA      | $33443568.49  | 1.33%             | 2023-06-08      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MOLINA HEALTHCARE INC                                                           | Molina Healthcare, Inc.                                                           | CUSIP: 60855RAJ9<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |   1520000 | PA      | $1403796.00   | 0.06%             | 2028-06-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Standard Chartered Bank/New York                                                | Standard Chartered Bank                                                           | CUSIP: 85324UTM5<br>LEI: RILFO74KP1CM8P6PCT96 | Long             | STIV             | CORP              | GB        |  25000000 | PA      | $24537833.25  | 0.97%             | 2023-06-21      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SBA TOWER TRUST                                                                 | SBA Tower Trust                                                                   | CUSIP: 78403DAP5<br>LEI: N/A                  | Long             | DBT              |  | US        |   1100000 | PA      | $987547.77    | 0.04%             | 2026-01-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                                                       | Towd Point Mortgage Trust                                                         | CUSIP: 89173FAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    412235 | PA      | $406087.87    | 0.02%             | 2056-10-25      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                              | Energy Transfer LP                                                                | CUSIP: 29273RBF5<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   1668000 | PA      | $1499898.61   | 0.06%             | 2045-03-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos                                                             | Petroleos Mexicanos                                                               | CUSIP: 71654QCB6<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |   1410000 | PA      | $1379100.87   | 0.05%             | 2026-08-04      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                     | Federal Home Loan Mortgage Corp.                                                  | CUSIP: 3128QHTU4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      4637 | PA      | $4525.12      | 0.00%             | 2037-05-01      | Floating      | 3.91%                 | No            |                  2 | On Loan: No      |
| Mackinac Funding Co LLC                                                         | Mackinac Funding Co. LLC                                                          | CUSIP: 55458FQ18<br>LEI: 549300DSZ0UOZX6UNF02 | Long             | STIV             | CORP              | US        |  11915000 | PA      | $11870896.27  | 0.47%             | 2023-03-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ASHTEAD CAPITAL INC                                                             | Ashtead Capital, Inc.                                                             | CUSIP: 045054AQ6<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | US        |   3822000 | PA      | $3828209.79   | 0.15%             | 2033-05-30      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP                                                                    | Centene Corp.                                                                     | CUSIP: 15135BAV3<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |   7847000 | PA      | $6898454.64   | 0.27%             | 2030-02-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| ALCON FINANCE CORP                                                              | Alcon Finance Corp.                                                               | CUSIP: 01400EAF0<br>LEI: 549300CUZUI9VU7XNK42 | Long             | DBT              | CORP              | US        |   2593000 | PA      | $2780038.43   | 0.11%             | 2052-12-06      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Bayer US Finance II LLC                                                         | Bayer U.S. Finance II LLC                                                         | CUSIP: 07274NAL7<br>LEI: 529900XWNEXYNJ3X6T40 | Long             | DBT              | CORP              | US        |   4174000 | PA      | $4045797.93   | 0.16%             | 2028-12-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| INFOR INC                                                                       | Infor, Inc.                                                                       | CUSIP: 45674CAA1<br>LEI: 549300Q3IIYBYI4RHD64 | Long             | DBT              | CORP              | US        |   5112000 | PA      | $4651227.32   | 0.18%             | 2025-07-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| 321 Henderson Receivables LLC                                                   | JG Wentworth XXI LLC                                                              | CUSIP: 466159AA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    350116 | PA      | $341212.66    | 0.01%             | 2048-01-15      | Fixed         | 4.07%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                                                        | JP Morgan Mortgage Trust                                                          | CUSIP: 466247K77<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      7293 | PA      | $6970.79      | 0.00%             | 2033-11-25      | Variable      | 4.18%                 | No            |                  2 | On Loan: No      |
| Accelerated Assets                                                              | Accelerated Assets LLC                                                            | CUSIP: 00439KAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    802141 | PA      | $731641.77    | 0.03%             | 2040-10-20      | Fixed         | 1.35%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                     | Federal Home Loan Mortgage Corp.                                                  | CUSIP: 3128QJG42<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    129693 | PA      | $131315.97    | 0.01%             | 2035-09-01      | Floating      | 3.98%                 | No            |                  2 | On Loan: No      |
| STELLANTIS FIN US INC                                                           | Stellantis Finance U.S., Inc.                                                     | CUSIP: 85855CAE0<br>LEI: 549300QZ0AI8Q7LNON33 | Long             | DBT              | CORP              | US        |   3512000 | PA      | $3656036.01   | 0.15%             | 2032-09-12      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                                                        | AerCap Ireland Capital DAC/AerCap Global Aviation Trust                           | CUSIP: 00774MAZ8<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |   6388000 | PA      | $4962318.62   | 0.20%             | 2041-10-29      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust                                             | New Residential Mortgage Loan Trust                                               | CUSIP: 64828AAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    313525 | PA      | $296723.01    | 0.01%             | 2054-01-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                                                       | Towd Point Mortgage Trust                                                         | CUSIP: 89179JAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2279868 | PA      | $2042464.63   | 0.08%             | 2060-10-25      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 31371MSG3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2231 | PA      | $2242.46      | 0.00%             | 2036-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AbbVie Inc                                                                      | AbbVie, Inc.                                                                      | CUSIP: 00287YAY5<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |   2346000 | PA      | $2249589.44   | 0.09%             | 2026-05-14      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust                                             | New Residential Mortgage Loan Trust                                               | CUSIP: 64828GAD2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2023916 | PA      | $1878346.78   | 0.07%             | 2059-09-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 912828VS6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  29116000 | PA      | $28764560.85  | 1.14%             | 2023-08-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust                                             | New Residential Mortgage Loan Trust                                               | CUSIP: 64830WAD3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5553640 | PA      | $5170384.75   | 0.21%             | 2058-12-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| ADVANCED MICRO DEVICES                                                          | Advanced Micro Devices, Inc.                                                      | CUSIP: 007903BF3<br>LEI: R2I72C950HOYXII45366 | Long             | DBT              | CORP              | US        |   6496000 | PA      | $6194035.32   | 0.25%             | 2032-06-01      | Fixed         | 3.92%                 | No            |                  2 | On Loan: No      |
| Societe Generale SA                                                             | Societe Generale SA                                                               | CUSIP: 83369CTC8<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | STIV             | CORP              | US        |  21000000 | PA      | $20630862.00  | 0.82%             | 2023-06-12      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 912828YB0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  14913000 | PA      | $13254511.25  | 0.53%             | 2029-08-15      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| Manhattan West                                                                  | Manhattan West Mortgage Trust                                                     | CUSIP: 563136AA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5765000 | PA      | $5051232.47   | 0.20%             | 2039-09-10      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| PacifiCorp                                                                      | PacifiCorp                                                                        | CUSIP: 695114CD8<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |    535000 | PA      | $572985.81    | 0.02%             | 2037-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                  | Morgan Stanley                                                                    | CUSIP: 61747YFA8<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   4082000 | PA      | $4119778.42   | 0.16%             | 2029-02-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| SPRINT LLC                                                                      | Sprint LLC                                                                        | CUSIP: 85207UAF2<br>LEI: 549300ZTTY7CXOLJ6539 | Long             | DBT              | CORP              | US        |   2873000 | PA      | $2915856.54   | 0.12%             | 2023-09-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 31402CTT9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    217816 | PA      | $226867.29    | 0.01%             | 2034-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fontainebleau Miami Beach Trust                                                 | Fontainebleau Miami Beach Trust                                                   | CUSIP: 34461LAG9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6050000 | PA      | $5702854.63   | 0.23%             | 2036-12-10      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 3138XKSX3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    286459 | PA      | $279154.59    | 0.01%             | 2029-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SBA TOWER TRUST                                                                 | SBA Tower Trust                                                                   | CUSIP: 78403DAT7<br>LEI: N/A                  | Long             | DBT              |  | US        |   6278000 | PA      | $5474388.38   | 0.22%             | 2026-11-15      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| QUALCOMM INC                                                                    | QUALCOMM, Inc.                                                                    | CUSIP: 747525BJ1<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |   3819000 | PA      | $2976810.59   | 0.12%             | 2050-05-20      | Fixed         | 3.25%                 | No            |                  2 | On Loan: —       |
| Towd Point Mortgage Trust                                                       | Towd Point Mortgage Trust                                                         | CUSIP: 89178BAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  10104874 | PA      | $9411410.31   | 0.37%             | 2059-10-25      | Variable      | 2.90%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                  | Morgan Stanley                                                                    | CUSIP: 6174468V4<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   1138000 | PA      | $1012012.81   | 0.04%             | 2026-12-10      | Fixed         | 0.99%                 | No            |                  2 | On Loan: No      |
| Republic of Peru                                                                | Peruvian Government International Bonds                                           | CUSIP: 715638AS1<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    390000 | PA      | $410395.72    | 0.02%             | 2025-07-21      | Fixed         | 7.35%                 | No            |                  2 | On Loan: No      |
| MUNICH RE                                                                       | Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen                         | CUSIP: 62582PAA8<br>LEI: 529900MUF4C20K50JS49 | Long             | DBT              | CORP              | DE        |   3400000 | PA      | $3472250.00   | 0.14%             | 2042-05-23      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                                                    | CSMC Trust                                                                        | CUSIP: 12649FEQ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    124619 | PA      | $123443.17    | 0.00%             | 2036-12-27      | Floating      | 4.69%                 | No            |                  2 | On Loan: No      |
| CMS Energy Corp                                                                 | CMS Energy Corp.                                                                  | CUSIP: 125896BM1<br>LEI: 549300IA9XFBAGNIBW29 | Long             | DBT              | CORP              | US        |    723000 | PA      | $711321.82    | 0.03%             | 2024-03-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810TD0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  25814000 | PA      | $19237480.29  | 0.76%             | 2052-02-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                                                       | Towd Point Mortgage Trust                                                         | CUSIP: 89175TAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2377903 | PA      | $2214561.79   | 0.09%             | 2058-06-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FDG/NXP USA                                                          | NXP BV/NXP Funding LLC/NXP USA, Inc.                                              | CUSIP: 62954HAN8<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |   1240000 | PA      | $840999.06    | 0.03%             | 2051-11-30      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Ventas Realty LP                                                                | Ventas Realty LP                                                                  | CUSIP: 92277GAJ6<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              |  | US        |   5018000 | PA      | $4719392.72   | 0.19%             | 2026-10-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                | T-Mobile USA, Inc.                                                                | CUSIP: 87264ABW4<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |   4213000 | PA      | $3769877.92   | 0.15%             | 2031-04-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810TJ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  51941100 | PA      | $45602662.64  | 1.81%             | 2052-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: —       |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810RE0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   9479600 | PA      | $9210764.42   | 0.37%             | 2044-02-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN ENER PART                                                         | Kinder Morgan Energy Partners LP                                                  | CUSIP: 494550BS4<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |   3178000 | PA      | $3149440.65   | 0.12%             | 2024-02-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| GoodLeap Sustainable Home Improvement Loan Trust                                | GoodLeap Sustainable Home Solutions Trust                                         | CUSIP: 38237JAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4805040 | PA      | $3981817.12   | 0.16%             | 2049-01-20      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                             | JPMorgan Chase & Co.                                                              | CUSIP: 46625HRY8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   2474000 | PA      | $2374574.47   | 0.09%             | 2028-02-01      | Fixed         | 3.78%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                                                     | Oracle Corp.                                                                      | CUSIP: 68389XBZ7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   3404000 | PA      | $2684284.83   | 0.11%             | 2041-03-25      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| CIM Trust                                                                       | CIM Trust                                                                         | CUSIP: 12567RAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5694994 | PA      | $5085148.42   | 0.20%             | 2061-07-25      | Variable      | 1.43%                 | No            |                  2 | On Loan: No      |
| TSMC GLOBAL LTD                                                                 | TSMC Global Ltd.                                                                  | CUSIP: 872882AG0<br>LEI: 549300N2ZLI21P85T117 | Long             | DBT              | CORP              | VG        |   5908000 | PA      | $4726567.55   | 0.19%             | 2030-09-28      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                                                                | Deutsche Bank AG                                                                  | CUSIP: 251526CB3<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |   3026000 | PA      | $2929880.14   | 0.12%             | 2025-11-26      | Fixed         | 3.96%                 | No            |                  2 | On Loan: No      |
| Manhattan Asset Funding Co LLC                                                  | Manhattan Asset Funding Co. LLC                                                   | CUSIP: 56274MSQ6<br>LEI: 549300S0NSJYSOB32S63 | Long             | STIV             | CORP              | US        |   9000000 | PA      | $8866264.50   | 0.35%             | 2023-05-24      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Inflation-Indexed Bonds                                             | CUSIP: 912810PV4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4428383 | PA      | $4496625.30   | 0.18%             | 2028-01-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 31402RDH9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    943120 | PA      | $986200.15    | 0.04%             | 2035-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust                                             | New Residential Mortgage Loan Trust                                               | CUSIP: 64828YAR2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    246758 | PA      | $227487.36    | 0.01%             | 2054-05-25      | Variable      | 3.16%                 | No            |                  2 | On Loan: No      |
| TRITON CONTAINER/TAL INT                                                        | Triton Container International Ltd./TAL International Container Corp.             | CUSIP: 89681LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   6048000 | PA      | $4925249.28   | 0.20%             | 2032-03-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Liberty Street Funding LLC                                                      | Liberty Street Funding LLC                                                        | CUSIP: 53127UP79<br>LEI: 549300F33VRHM10B9391 | Long             | STIV             | CORP              | US        |   1275000 | PA      | $1273891.81   | 0.05%             | 2023-02-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| KLA CORP                                                                        | KLA Corp.                                                                         | CUSIP: 482480AJ9<br>LEI: 549300H0BF5JCG96TJ81 | Long             | DBT              | CORP              | US        |   4337000 | PA      | $3342263.42   | 0.13%             | 2050-03-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: —       |
| ICG US CLO Ltd                                                                  | Bavarian Sky U.K. 5 PLC                                                           | CUSIP: 44928XAY0<br>LEI: 213800MAPH9PBACGJG35 | Long             | ABS-CBDO         | CORP              | KY        |   7305000 | PA      | $7096617.57   | 0.28%             | 2034-10-20      | Floating      | 6.01%                 | No            |                  2 | On Loan: No      |
| QUANTA SERVICES INC                                                             | Quanta Services, Inc.                                                             | CUSIP: 74762EAF9<br>LEI: SHVRXXEACT60MMH07S24 | Long             | DBT              | CORP              | US        |   3740000 | PA      | $3203884.91   | 0.13%             | 2030-10-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                             | Elevance Health, Inc.                                                             | CUSIP: 28622HAC5<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |   4316000 | PA      | $4306838.73   | 0.17%             | 2053-02-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| PRUDENTIAL FINANCIAL INC                                                        | Prudential Financial, Inc.                                                        | CUSIP: 744320BH4<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |   5651000 | PA      | $4865343.90   | 0.19%             | 2050-10-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                             | Elevance Health, Inc.                                                             | CUSIP: 036752AN3<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |   4034000 | PA      | $3433641.72   | 0.14%             | 2030-05-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Residential Accredit Loans, Inc.                                                | Residential Accredit Loans, Inc. Trust                                            | CUSIP: 74923LAB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    268977 | PA      | $241267.99    | 0.01%             | 2047-05-25      | Floating      | 4.89%                 | No            |                  2 | On Loan: No      |
| Republic of Indonesia                                                           | Indonesia Government International Bonds                                          | CUSIP: 455780BV7<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |   3205000 | PA      | $3224272.66   | 0.13%             | 2026-01-08      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810RZ3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1522000 | PA      | $1269026.95   | 0.05%             | 2047-11-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| GLENCORE FUNDING LLC                                                            | Glencore Funding LLC                                                              | CUSIP: 378272BG2<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |   4976000 | PA      | $4141763.00   | 0.16%             | 2031-09-23      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                       | Boeing Co.                                                                        | CUSIP: 097023CE3<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |   7305000 | PA      | $5673337.59   | 0.23%             | 2039-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| WORKDAY INC                                                                     | Workday, Inc.                                                                     | CUSIP: 98138HAG6<br>LEI: 549300J0DYC0N31V7G13 | Long             | DBT              | CORP              | US        |   6126000 | PA      | $5853962.41   | 0.23%             | 2027-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Thunder Bay Funding LLC                                                         | Thunder Bay Funding LLC                                                           | CUSIP: 88602USJ0<br>LEI: 549300D7DHGDB5EMW139 | Long             | STIV             | CORP              | US        |   9000000 | PA      | $8873017.74   | 0.35%             | 2023-05-18      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ADT SEC CORP                                                                    | ADT Security Corp.                                                                | CUSIP: 00109LAA1<br>LEI: 5493009JEEDYLVRA0J13 | Long             | DBT              | CORP              | US        |   5015000 | PA      | $4459739.20   | 0.18%             | 2029-08-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                                                       | Uniform Mortgage-Backed Security, TBA                                             | CUSIP: 01F022626<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        | 132002000 | PA      | $115357372.81 | 4.58%             | 2053-02-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES LP                                                              | VICI Properties LP                                                                | CUSIP: 925650AC7<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              |  | US        |   6748000 | PA      | $6521109.50   | 0.26%             | 2030-02-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                                                       | Towd Point Mortgage Trust                                                         | CUSIP: 89169DAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    658462 | PA      | $641087.97    | 0.03%             | 2057-07-25      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                       | Boeing Co.                                                                        | CUSIP: 097023CY9<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |   5153000 | PA      | $5182356.13   | 0.21%             | 2030-05-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| PLAINS ALL AMER PIPELINE                                                        | Plains All American Pipeline LP/PAA Finance Corp.                                 | CUSIP: 72650RBM3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3097000 | PA      | $2773032.80   | 0.11%             | 2029-12-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| SAUDI ARABIAN OIL CO                                                            | Saudi Arabian Oil Co.                                                             | CUSIP: 80414L2G9<br>LEI: 5586006WD91QHB7J4X50 | Long             | DBT              | CORP              | SA        |    323000 | PA      | $312492.81    | 0.01%             | 2023-11-24      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| CSL Finance PLC                                                                 | CSL Finance PLC                                                                   | CUSIP: 12661PAD1<br>LEI: 2549007CCNBNAF4HBC02 | Long             | DBT              | CORP              | GB        |   2753000 | PA      | $2629719.94   | 0.10%             | 2042-04-27      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| INTL FLAVOR & FRAGRANCES                                                        | International Flavors & Fragrances, Inc.                                          | CUSIP: 459506AQ4<br>LEI: BZLRL03D3GPGMOGFO832 | Long             | DBT              | CORP              | US        |   4965000 | PA      | $4107819.91   | 0.16%             | 2030-11-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| United Mexican States                                                           | Mexico Government International Bonds                                             | CUSIP: 91087BAE0<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |   2481000 | PA      | $2375079.06   | 0.09%             | 2028-01-11      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| America Movil SAB de CV                                                         | America Movil SAB de CV                                                           | CUSIP: 02364WBE4<br>LEI: 5493000FNR3UCEAONM59 | Long             | DBT              | CORP              | MX        |   2100000 | PA      | $1908774.00   | 0.08%             | 2042-07-16      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| VIATRIS INC                                                                     | Viatris, Inc.                                                                     | CUSIP: 92556VAC0<br>LEI: 254900ZZTSW7NL773X71 | Long             | DBT              | CORP              | US        |   2488000 | PA      | $2190787.50   | 0.09%             | 2027-06-22      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| WAMU Mortgage Pass-Through Certificates                                         | WaMu Mortgage Pass-Through Certificates Trust                                     | CUSIP: 92922FR75<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     19275 | PA      | $17828.37     | 0.00%             | 2045-07-25      | Floating      | 5.09%                 | No            |                  2 | On Loan: No      |
| Lloyds Bank PLC                                                                 | Lloyds Bank PLC                                                                   | CUSIP: 53943SQ34<br>LEI: H7FNTJ4851HG0EXQ1Z70 | Long             | STIV             | CORP              | GB        |   3950000 | PA      | $3934649.55   | 0.16%             | 2023-03-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH INBEV WOR                                                        | Anheuser-Busch InBev Worldwide, Inc.                                              | CUSIP: 03523TBT4<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | US        |   4846000 | PA      | $4445334.22   | 0.18%             | 2048-10-06      | Fixed         | 4.44%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust                                             | New Residential Mortgage Loan Trust                                               | CUSIP: 64829EAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1058383 | PA      | $993111.42    | 0.04%             | 2055-08-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| Orange Lake Timeshare Trust                                                     | Orange Lake Timeshare Trust                                                       | CUSIP: 68504UAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    460197 | PA      | $442945.27    | 0.02%             | 2038-04-09      | Fixed         | 3.06%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810QU5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  18089000 | PA      | $16468762.66  | 0.65%             | 2042-02-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 9128283F5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  70991400 | PA      | $66593261.28  | 2.64%             | 2027-11-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                          | UnitedHealth Group, Inc.                                                          | CUSIP: 91324PET5<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |   4135000 | PA      | $4804200.63   | 0.19%             | 2063-02-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810FG8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  25842100 | PA      | $28025555.62  | 1.11%             | 2029-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SCHLUMBERGER HLDGS CORP                                                         | Schlumberger Holdings Corp.                                                       | CUSIP: 806851AK7<br>LEI: 529900IKZG65COT1D505 | Long             | DBT              | CORP              | US        |   5457000 | PA      | $5199091.16   | 0.21%             | 2028-05-17      | Fixed         | 3.90%                 | Yes           |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 912828M56<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1956500 | PA      | $1869451.03   | 0.07%             | 2025-11-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: —       |
| CHEVRON USA INC                                                                 | Chevron USA, Inc.                                                                 | CUSIP: 166756AS5<br>LEI: VA8TZDWPEZYU430RZ444 | Long             | DBT              | CORP              | US        |   4089000 | PA      | $3849903.78   | 0.15%             | 2029-10-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| DNB Bank ASA                                                                    | DNB Bank ASA                                                                      | CUSIP: 2332K1TL4<br>LEI: 549300GKFG0RYRRQ1414 | Long             | STIV             | CORP              | NO        |  25000000 | PA      | $24541208.25  | 0.97%             | 2023-06-20      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| BROADSTONE NET LEASE LLC                                                        | Broadstone Net Lease LLC                                                          | CUSIP: 11135EAA2<br>LEI: 54930089IBT6J4WBTI50 | Long             | DBT              |  | US        |   6211000 | PA      | $4728787.83   | 0.19%             | 2031-09-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| GMAC Mortgage Corporation Loan Trust                                            | GMACM Mortgage Loan Trust                                                         | CUSIP: 76112BKN9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      3560 | PA      | $3152.72      | 0.00%             | 2035-03-18      | Variable      | 3.22%                 | No            |                  2 | On Loan: No      |
| Glencove Funding LLC                                                            | Glencove Funding LLC                                                              | CUSIP: 37828XTL3<br>LEI: 549300XUUQZO7I38ZR06 | Long             | STIV             | CORP              | IE        |   7000000 | PA      | $6868162.77   | 0.27%             | 2023-06-20      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| QUALCOMM Inc                                                                    | QUALCOMM, Inc.                                                                    | CUSIP: 747525AU7<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |   3552000 | PA      | $3417898.32   | 0.14%             | 2027-05-20      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                                                       | Uniform Mortgage-Backed Security, TBA                                             | CUSIP: 01F030421<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  13045000 | PA      | $12499250.16  | 0.50%             | 2038-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER                                                        | Enterprise Products Operating LLC                                                 | CUSIP: 29379VBQ5<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |   8341000 | PA      | $7157426.20   | 0.28%             | 2048-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| 7-ELEVEN INC                                                                    | 7-Eleven, Inc.                                                                    | CUSIP: 817826AE0<br>LEI: 549300K23JPL0SS3LB18 | Long             | DBT              | CORP              | US        |   5842000 | PA      | $4647355.63   | 0.18%             | 2031-02-10      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| EQUITABLE HOLDINGS INC                                                          | Equitable Holdings, Inc.                                                          | CUSIP: 29452EAC5<br>LEI: 549300FIBAKMNHPZ4009 | Long             | DBT              | CORP              | US        |   7468000 | PA      | $7626168.80   | 0.30%             | 2033-01-11      | Fixed         | 5.59%                 | No            |                  2 | On Loan: No      |
| Chariot Funding LLC                                                             | Chariot Funding LLC                                                               | CUSIP: 15963UPA8<br>LEI: 549300EEWRNP448AMT79 | Long             | STIV             | CORP              | US        |   3825000 | PA      | $3820237.88   | 0.15%             | 2023-02-10      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| State of Qatar                                                                  | Qatar Government International Bonds                                              | CUSIP: 74727PAW1<br>LEI: 52990074F6OJOAXK4P65 | Long             | DBT              | NUSS              | QA        |    913000 | PA      | $909760.68    | 0.04%             | 2023-04-23      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 91282CEQ0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2275000 | PA      | $2207905.27   | 0.09%             | 2025-05-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| AON CORP/AON GLOBAL HOLD                                                        | Aon Corp./Aon Global Holdings PLC                                                 | CUSIP: 03740LAF9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6254000 | PA      | $6371955.13   | 0.25%             | 2032-09-12      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                                                                | Paramount Global                                                                  | CUSIP: 92556HAD9<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |   4116000 | PA      | $3538148.63   | 0.14%             | 2032-05-19      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| SCHLUMBERGER INVESTMENT                                                         | Schlumberger Investment SA                                                        | CUSIP: 806854AH8<br>LEI: 529900EZ29I5KXPV2J32 | Long             | DBT              | CORP              | LU        |   1121000 | PA      | $1108095.98   | 0.04%             | 2023-12-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 91282CEP2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  31651000 | PA      | $30058559.06  | 1.19%             | 2032-05-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Glencove Funding LLC                                                            | Glencove Funding LLC                                                              | CUSIP: 37828XP37<br>LEI: 549300XUUQZO7I38ZR06 | Long             | STIV             | CORP              | IE        |  15000000 | PA      | $14994548.70  | 0.59%             | 2023-02-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Appalachian Power Co                                                            | Appalachian Power Co.                                                             | CUSIP: 037735CU9<br>LEI: 3SCHO1ABYYIG382BEI70 | Long             | DBT              | CORP              | US        |   4135000 | PA      | $4002357.55   | 0.16%             | 2025-06-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Bear Stearns Alt-A Trust                                                        | Bear Stearns ALT-A Trust                                                          | CUSIP: 07386HMW8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     25952 | PA      | $23875.40     | 0.00%             | 2034-11-25      | Variable      | 3.92%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                | Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates | CUSIP: 3137BHCY1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  10344390 | PA      | $10008333.32  | 0.40%             | 2025-01-25      | Fixed         | 2.81%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                  | Lowe's Cos., Inc.                                                                 | CUSIP: 548661EH6<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |   4632000 | PA      | $4284699.77   | 0.17%             | 2032-04-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan Trust                                              | Countrywide Alternative Loan Trust                                                | CUSIP: 12668ALH6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    442773 | PA      | $365519.78    | 0.01%             | 2035-11-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                                                       | Towd Point Mortgage Trust                                                         | CUSIP: 89179YAR4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4342959 | PA      | $3945695.90   | 0.16%             | 2061-11-25      | Variable      | 2.25%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                                                       | Towd Point Mortgage Trust                                                         | CUSIP: 89181JAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   8530000 | PA      | $8131649.00   | 0.32%             | 2063-01-25      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                                             | COMM Mortgage Trust                                                               | CUSIP: 12591UAF0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  12640000 | PA      | $12419818.78  | 0.49%             | 2047-03-10      | Fixed         | 3.96%                 | No            |                  2 | On Loan: No      |
| Svenska Handelsbanken AB                                                        | Svenska Handelsbanken AB                                                          | CUSIP: 86960KUQ3<br>LEI: NHBDILHZTYCNBV5UYZ31 | Long             | STIV             | CORP              | SE        |  25000000 | PA      | $24415408.25  | 0.97%             | 2023-07-24      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 91282CFZ9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5843100 | PA      | $5900618.02   | 0.23%             | 2027-11-30      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan Trust                                              | Countrywide Alternative Loan Trust                                                | CUSIP: 02150EBG7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    694719 | PA      | $384210.60    | 0.02%             | 2037-04-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                       | Boeing Co.                                                                        | CUSIP: 097023CW3<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |   2508000 | PA      | $2541062.01   | 0.10%             | 2050-05-01      | Fixed         | 5.81%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810RS9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  15026000 | PA      | $11984408.83  | 0.48%             | 2046-05-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Tencent Holdings Ltd                                                            | Tencent Holdings Ltd.                                                             | CUSIP: 88032WAL0<br>LEI: 254900N4SLUMW4XUYY11 | Long             | DBT              | CORP              | KY        |   2683000 | PA      | $2641775.22   | 0.10%             | 2024-04-11      | Fixed         | 3.28%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust                                             | New Residential Mortgage Loan Trust                                               | CUSIP: 64830MAG8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1407994 | PA      | $1323415.65   | 0.05%             | 2059-08-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                                                       | Uniform Mortgage-Backed Security, TBA                                             | CUSIP: 01F042624<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  41726000 | PA      | $41166974.25  | 1.63%             | 2053-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 91282CDY4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  21448800 | PA      | $18769375.58  | 0.74%             | 2032-02-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| EQUIFAX INC                                                                     | Equifax, Inc.                                                                     | CUSIP: 294429AQ8<br>LEI: 5493004MCF8JDC86VS77 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3834582.04   | 0.15%             | 2024-12-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| Manhattan West                                                                  | Manhattan West Mortgage Trust                                                     | CUSIP: 563136AE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5024000 | PA      | $4367012.02   | 0.17%             | 2039-09-10      | Variable      | 2.33%                 | No            |                  2 | On Loan: No      |
| TENN VALLEY AUTHORITY                                                           | Tennessee Valley Authority                                                        | CUSIP: 880591CS9<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |   2768000 | PA      | $3192513.57   | 0.13%             | 2036-04-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 912828ZQ6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2059000 | PA      | $1680578.33   | 0.07%             | 2030-05-15      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| Republic of Colombia                                                            | Colombia Government International Bonds                                           | CUSIP: 195325CX1<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |   3650000 | PA      | $3484087.28   | 0.14%             | 2026-01-28      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION BRANDS INC                                                        | Constellation Brands, Inc.                                                        | CUSIP: 21036PBE7<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |   1440000 | PA      | $1311595.91   | 0.05%             | 2029-08-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| GoodLeap Sustainable Home Improvement Loan Trust                                | GoodLeap Sustainable Home Solutions Trust                                         | CUSIP: 38237GAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   9323646 | PA      | $7119406.53   | 0.28%             | 2048-07-20      | Fixed         | 1.93%                 | No            |                  2 | On Loan: No      |
| Structured Asset Mortgage Investments Inc                                       | Structured Asset Mortgage Investments II Trust                                    | CUSIP: 86359LAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     13005 | PA      | $12273.37     | 0.00%             | 2034-01-19      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                     | Federal Home Loan Mortgage Corp.                                                  | CUSIP: 3128QSNS1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      9866 | PA      | $10051.50     | 0.00%             | 2037-09-01      | Floating      | 4.05%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                | Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates | CUSIP: 3137BLMZ8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  12812000 | PA      | $12399152.52  | 0.49%             | 2025-07-25      | Fixed         | 3.01%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                   | Citigroup, Inc.                                                                   | CUSIP: 172967LS8<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |  12004000 | PA      | $11225148.67  | 0.45%             | 2028-10-27      | Fixed         | 3.52%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 912828ZT0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3253000 | PA      | $2978401.06   | 0.12%             | 2025-05-31      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                    | Broadcom, Inc.                                                                    | CUSIP: 11135FBE0<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |   2070000 | PA      | $1793665.60   | 0.07%             | 2028-02-15      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                                                        | Occidental Petroleum Corp.                                                        | CUSIP: 674599DC6<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |   7343000 | PA      | $7416430.00   | 0.29%             | 2026-03-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                        | Ford Motor Credit Co. LLC                                                         | CUSIP: 345397C43<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   4750000 | PA      | $4858727.50   | 0.19%             | 2026-03-06      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| Bedford Row Funding Corp                                                        | Bedford Row Funding Corp.                                                         | CUSIP: 07644BP71<br>LEI: 5493000JWH1Z48FX0180 | Long             | STIV             | CORP              | US        |  16927000 | PA      | $16912320.57  | 0.67%             | 2023-02-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SCE Trust III                                                                   | SCE Trust III                                                                     | CUSIP: 78409B207<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      7998 | NS      | $178755.30    | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 91282CCJ8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  16360100 | PA      | $14826979.65  | 0.59%             | 2026-06-30      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 912828Z78<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  66470000 | PA      | $60955067.19  | 2.42%             | 2027-01-31      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Charter Communications Operating LLC / Charter Communications Operating Capital | Charter Communications Operating LLC/Charter Communications Operating Capital     | CUSIP: 161175BT0<br>LEI: 549300TPZNMN50BJ3745 | Long             | DBT              | CORP              | US        |   3602000 | PA      | $2828730.02   | 0.11%             | 2050-03-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                      | Federal National Mortgage Association                                             | CUSIP: 3138EH3N0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    513473 | PA      | $544406.20    | 0.02%             | 2040-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                                           | Wells Fargo Commercial Mortgage Trust                                             | CUSIP: 94989KAX1<br>LEI: 549300NYO16WLNMVJJ46 | Long             | ABS-MBS          | CORP              | US        |   6250000 | PA      | $5967529.38   | 0.24%             | 2048-06-15      | Variable      | 4.01%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                | Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates | CUSIP: 3137FBTA4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4856562 | PA      | $4738701.46   | 0.19%             | 2024-08-25      | Variable      | 3.06%                 | No            |                  2 | On Loan: No      |
| Constellation Brands Inc                                                        | Constellation Brands, Inc.                                                        | CUSIP: 21036PAQ1<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |   1889000 | PA      | $1822420.36   | 0.07%             | 2026-12-06      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                                                                | CIFC Funding Ltd.                                                                 | CUSIP: 12549BAY4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   6155431 | PA      | $6110041.26   | 0.24%             | 2030-10-18      | Floating      | 5.79%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                | T-Mobile USA, Inc.                                                                | CUSIP: 87264ABF1<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |   6794000 | PA      | $6345169.27   | 0.25%             | 2030-04-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                                                    | CSMC Trust                                                                        | CUSIP: 12656TAB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6276215 | PA      | $5252430.26   | 0.21%             | 2060-01-25      | Variable      | 1.11%                 | No            |                  2 | On Loan: No      |
| MLCC Mortgage Investors Inc                                                     | Merrill Lynch Mortgage Investors Trust                                            | CUSIP: 5899292M9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      4567 | PA      | $4257.89      | 0.00%             | 2028-10-25      | Floating      | 5.15%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                          | General Motors Financial Co., Inc.                                                | CUSIP: 37045XDW3<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   4041000 | PA      | $3997248.25   | 0.16%             | 2027-04-09      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNITED AIR 2014-2 A PTT                                                         | United Airlines Pass-Through Trust                                                | CUSIP: 90932QAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3926041 | PA      | $3659961.79   | 0.15%             | 2026-09-03      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Notes                                                               | CUSIP: 91282CCB5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5106900 | PA      | $4432629.61   | 0.18%             | 2031-05-15      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| Nationstar Mortgage Loan Trust                                                  | Nationstar Mortgage Loan Trust                                                    | CUSIP: 63861HAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    758596 | PA      | $703036.15    | 0.03%             | 2052-12-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Inflation-Indexed Notes                                             | CUSIP: 912828ZZ6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7755655 | PA      | $7116267.68   | 0.28%             | 2030-07-15      | Fixed         | 0.13%                 | No            |                  2 | On Loan: No      |
| OHIO NAT FINANCIAL SRVS                                                         | Ohio National Financial Services, Inc.                                            | CUSIP: 67740QAG1<br>LEI: 549300K609B872PZT291 | Long             | DBT              | CORP              | US        |   1348000 | PA      | $1312186.11   | 0.05%             | 2031-05-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Mont Blanc Capital Corp                                                         | Mont Blanc Capital Corp.                                                          | CUSIP: 6117P5PM3<br>LEI: 549300NC8BUDZTUFIQ67 | Long             | STIV             | CORP              | US        |   2709000 | PA      | $2701849.38   | 0.11%             | 2023-02-21      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust                                             | New Residential Mortgage Loan Trust                                               | CUSIP: 64829VAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7468312 | PA      | $7130101.66   | 0.28%             | 2057-12-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| WESTERN DIGITAL CORP                                                            | Western Digital Corp.                                                             | CUSIP: 958102AQ8<br>LEI: 549300QQXOOYEF89IC56 | Long             | DBT              | CORP              | US        |   3058000 | PA      | $2492514.64   | 0.10%             | 2029-02-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| ROYALTY PHARMA PLC                                                              | Royalty Pharma PLC                                                                | CUSIP: 78081BAK9<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | GB        |   4157000 | PA      | $3380067.72   | 0.13%             | 2030-09-02      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| OFFICE PPTY INCOME TRST                                                         | Office Properties Income Trust                                                    | CUSIP: 67623CAF6<br>LEI: N/A                  | Long             | DBT              |  | US        |   2512000 | PA      | $1759015.94   | 0.07%             | 2031-10-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: —       |
| PacifiCorp                                                                      | PacifiCorp                                                                        | CUSIP: 695114CR7<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |   3749000 | PA      | $3694234.05   | 0.15%             | 2024-04-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| INVITATION HOMES OP                                                             | Invitation Homes Operating Partnership LP                                         | CUSIP: 46188BAD4<br>LEI: 549300147YMUQB3GW319 | Long             | DBT              |  | US        |   2844000 | PA      | $2601766.94   | 0.10%             | 2032-04-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Octagon Investment Partners 33 Ltd                                              | Octagon Investment Partners 33 Ltd.                                               | CUSIP: 675711AA3<br>LEI: 549300IDWDG12HO3TO90 | Long             | ABS-CBDO         | CORP              | KY        |   3600000 | PA      | $3574656.00   | 0.14%             | 2031-01-20      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                          | U.S. Treasury Bonds                                                               | CUSIP: 912810TF5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  14282000 | PA      | $11504820.54  | 0.46%             | 2042-02-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| AVOLON HOLDINGS FNDG LTD                                                        | Avolon Holdings Funding Ltd.                                                      | CUSIP: 05401AAK7<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |   3257000 | PA      | $3198088.17   | 0.13%             | 2026-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Macquarie Bank Ltd                                                              | Macquarie Bank Ltd.                                                               | CUSIP: 55607LPU2<br>LEI: 4ZHCHI4KYZG2WVRT8631 | Long             | STIV             | CORP              | US        |  21091000 | PA      | $21016262.77  | 0.83%             | 2023-02-28      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Ally Financial Inc                                                              | Ally Financial, Inc.                                                              | CUSIP: 36186CBY8<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |   7297000 | PA      | $7991219.36   | 0.32%             | 2031-11-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Columbia Funding Co LLC                                                         | Columbia Funding Co. LLC                                                          | CUSIP: 19767DQ15<br>LEI: 549300O1V8MCLCRCFD82 | Long             | STIV             | CORP              | US        |  10500000 | PA      | $10461463.85  | 0.41%             | 2023-03-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                     | Federal Home Loan Mortgage Corp.                                                  | CUSIP: 3128UGL47<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     20261 | PA      | $19941.20     | 0.00%             | 2041-02-01      | Floating      | 2.40%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                                                          | Philip Morris International, Inc.                                                 | CUSIP: 718172CW7<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |   4540000 | PA      | $4731247.55   | 0.19%             | 2029-11-17      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                          | Verizon Communications, Inc.                                                      | CUSIP: 92343VFX7<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |   5851000 | PA      | $4705503.27   | 0.19%             | 2030-10-30      | Fixed         | 1.68%                 | No            |                  2 | On Loan: No      |
| Lloyds Bank PLC                                                                 | Lloyds Bank PLC                                                                   | CUSIP: 53943SUJ4<br>LEI: H7FNTJ4851HG0EXQ1Z70 | Long             | STIV             | CORP              | GB        |  21925000 | PA      | $21425796.91  | 0.85%             | 2023-07-18      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Republic of Poland                                                              | Republic of Poland Government International Bonds                                 | CUSIP: 731011AT9<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |    500000 | PA      | $498495.00    | 0.02%             | 2023-03-17      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Republic of Panama                                                              | Panama Government International Bonds                                             | CUSIP: 698299BF0<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    735000 | PA      | $700871.46    | 0.03%             | 2028-03-17      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-28

**Name of Applicant:** TRANSAMERICA FUNDS

**Signature:** Vincent Toner

**Name of Signer:** Vincent Toner

**Title:** Treasurer