# EDGAR Filing Document

**Accession Number:** 0000898745
**File Stem:** 0000898745-25-000639
**Filing Date:** 2025-10
**Character Count:** 135106
**Document Hash:** e8a82a770f0c88b397a863945fbf69dd
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000898745-25-000639.hdr.sgml**: 20251024

**ACCESSION NUMBER**: 0000898745-25-000639

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250831

**FILED AS OF DATE**: 20251024

**DATE AS OF CHANGE**: 20251024

**PERIOD START**: 20250831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PRINCIPAL FUNDS, INC.
- **CENTRAL INDEX KEY:** 0000898745

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07572
- **FILM NUMBER:** 251415065

**BUSINESS ADDRESS:**
- **STREET 1:** 711 HIGH STREET
- **CITY:** DES MOINES
- **STATE:** IA
- **ZIP:** 50392
- **BUSINESS PHONE:** 515-235-9328

**MAIL ADDRESS:**
- **STREET 1:** PRINCIPAL FINANCIAL GROUP
- **CITY:** DES MOINES
- **STATE:** IA
- **ZIP:** 50392

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRINCIPAL FUNDS, INC
- **DATE OF NAME CHANGE:** 20211220

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRINCIPAL FUNDS INC
- **DATE OF NAME CHANGE:** 20080616

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRINCIPAL INVESTORS FUND INC
- **DATE OF NAME CHANGE:** 20001012

## Series and Classes Contracts Data

### Spectrum Preferred and Capital Securities Income Fund (f/k/a Preferred Securities) (Series ID: S000007170)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000019591 | R-3                 | PNARX           |
| C000019592 | R-5                 | PPARX           |
| C000019595 | Institutional Class | PPSIX           |
| C000019596 | Class J             | PPSJX           |
| C000019597 | Class A             | PPSAX           |
| C000038790 | Class C             | PRFCX           |
| C000176328 | R-6                 | PPREX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Principal Funds, Inc

- **b. Investment Company Act file number:** 811-07572

- **c. CIK number of Registrant:** 0000898745

- **d. LEI of Registrant:** 549300HZGBXSW6DSXF23

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

  - **Street Address 1:** 801 Grand Ave

  - **City:** Des Moines

  - **State:** IA

  - **Foreign country:** US

  - **Zip / Postal Code:** 50309

  - **Telephone number:** 515-235-1719

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

- **a. Name of Series:** Spectrum Preferred and Capital Securities Income Fund

- **b. EDGAR series identifier (if any):** S000007170

- **c. LEI of Series:** 549300C5BAH7DRKDHO25

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

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

- **b. Date as of which information is reported:** 2025-08-31

**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:** $5499402977.24

**Total Liabilities:** $91322869.17

**Net Assets:** $5408080108.07

**Cash Not Reported:** $10093753.31

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 5980.83000000 | **1-Year:** 62849.63000000 | **5-Year:** 407444.04000000 | **10-Year:** 409667.78000000 | **30-Year:** 28550.21000000

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

- **3-Month:** 1135.41000000 | **1-Year:** 11931.52000000 | **5-Year:** 77350.10000000 | **10-Year:** 77772.26000000 | **30-Year:** 5420.04000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000019591 | 1.40%                | 0.77%                | 0.79%                |
| Class ID C000019596 | 1.46%                | 0.81%                | 0.72%                |
| Class ID C000176328 | 1.55%                | 0.81%                | 0.72%                |
| Class ID C000019592 | 1.53%                | 0.79%                | 0.70%                |
| Class ID C000038790 | 1.33%                | 0.81%                | 0.62%                |
| Class ID C000019597 | 1.39%                | 0.88%                | 0.68%                |
| Class ID C000019595 | 1.43%                | 0.80%                | 0.82%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $3685563.19              | $52320398.20                               |
| Month 2  | $1048479.23              | $20195769.11                               |
| Month 3  | $553998.45               | $17332842.29                               |

**Designated Index Information**

- **Index Name:** Fund Securities Portfolio

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Affiliated Managers Group Inc                             | Affiliated Managers Group Inc                             | CUSIP: 008252850<br>LEI: 2JE75BUE3T1BLCYYGK54 | Long             | EP               | CORP              | US        |    146158 | NS      | $3148243.32   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| BNP Paribas SA                                            | BNP Paribas SA                                            | CUSIP: 05565AS20<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |   6000000 | PA      | $6433302.00   | 0.12%             | N/A             | Variable      | 9.25%                 | No            |                  2 | On Loan: No      |
| BP Capital Markets PLC                                    | BP Capital Markets PLC                                    | CUSIP: 05565QDV7<br>LEI: 549300CRVT18MXX0AG93 | Long             | DBT              | CORP              | GB        |  21762000 | PA      | $21572464.95  | 0.40%             | N/A             | Variable      | 4.88%                 | No            |                  2 | On Loan: No      |
| Evergy Inc                                                | Evergy Inc                                                | CUSIP: 30034WAE6<br>LEI: 549300PGTHDQY6PSUI61 | Long             | DBT              | CORP              | US        |   4800000 | PA      | $4870159.63   | 0.09%             | 2055-06-01      | Variable      | 6.65%                 | No            |                  2 | On Loan: No      |
| First Horizon Corp                                        | First Horizon Corp                                        | CUSIP: 320517865<br>LEI: TF3RXI1ZB1TQ30H9JV10 | Long             | EP               | CORP              | US        |      1388 | NS      | $25261.60     | 0.00%             |  |  |  | No            |                  1 | On Loan: —       |
| State Street Corp                                         | State Street Corp                                         | CUSIP: 857477CM3<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |  51193000 | PA      | $53018184.03  | 0.98%             | N/A             | Variable      | 6.70%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                      | Bank of America Corp                                      | CUSIP: 060505625<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EP               | CORP              | US        |    200640 | NS      | $4113120.00   | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| UBS Group AG                                              | UBS Group AG                                              | CUSIP: 902613BR8<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |  17200000 | PA      | $17198863.60  | 0.32%             | N/A             | Variable      | 6.60%                 | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                            | BNP Paribas SA                                            | CUSIP: 05602XJC3<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |  25000000 | PA      | $25698925.00  | 0.48%             | N/A             | Variable      | 7.38%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                            | Morgan Stanley                                            | CUSIP: 61762V838<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EP               | CORP              | US        |    467149 | NS      | $12113173.57  | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| US Bancorp                                                | US Bancorp                                                | CUSIP: 902973BC9<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |  36243000 | PA      | $34903581.95  | 0.65%             | N/A             | Variable      | 3.70%                 | No            |                  2 | On Loan: No      |
| M&T Bank Corp                                             | M&T Bank Corp                                             | CUSIP: 55261F864<br>LEI: 549300WYXDDBYRASEG81 | Long             | EP               | CORP              | US        |    150526 | NS      | $4079254.60   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Enbridge Inc                                              | Enbridge Inc                                              | CUSIP: 29250NBC8<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |  59201000 | PA      | $59126844.83  | 1.09%             | 2080-07-15      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                          | Deutsche Bank AG                                          | CUSIP: N/A<br>LEI: 7LTWFZYICNSX8D621K86       | Long             | DBT              | CORP              | DE        |  15800000 | PA      | $16550500.00  | 0.31%             | N/A             | Variable      | 8.13%                 | No            |                  2 | On Loan: —       |
| PNC Financial Services Group Inc/The                      | PNC Financial Services Group Inc/The                      | CUSIP: 693475BD6<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $6040164.00   | 0.11%             | N/A             | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Arch Capital Group Ltd                                    | Arch Capital Group Ltd                                    | CUSIP: 03939A107<br>LEI: 549300AYR4P8AFKDCE43 | Long             | EP               | CORP              | BM        |     54066 | NS      | $1150524.48   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Nova Scotia/The                                   | Bank of Nova Scotia/The                                   | CUSIP: 0641598N9<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |  14445000 | PA      | $13624369.44  | 0.25%             | 2081-10-27      | Variable      | 3.63%                 | No            |                  2 | On Loan: No      |
| Entergy Texas Inc                                         | Entergy Texas Inc                                         | CUSIP: 29365T302<br>LEI: LWXX58X12AJXISQ28573 | Long             | EP               | CORP              | US        |     42934 | NS      | $1005514.28   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Svenska Handelsbanken AB                                  | Svenska Handelsbanken AB                                  | CUSIP: N/A<br>LEI: NHBDILHZTYCNBV5UYZ31       | Long             | DBT              | CORP              | SE        |  20400000 | PA      | $19966277.84  | 0.37%             | N/A             | Variable      | 4.38%                 | No            |                  2 | On Loan: No      |
| Scentre Group Trust 2                                     | Scentre Group Trust 2                                     | CUSIP: 76025LAB0<br>LEI: 549300VRF0U0JH8TBJ74 | Long             | DBT              | CORP              | AU        |  51600000 | PA      | $51653818.80  | 0.96%             | 2080-09-24      | Variable      | 5.13%                 | No            |                  2 | On Loan: No      |
| Transcanada Trust                                         | Transcanada Trust                                         | CUSIP: 89356BAE8<br>LEI: 549300Y0MFCAXLBWUV51 | Long             | DBT              | CORP              | CA        |  28000000 | PA      | $27582847.60  | 0.51%             | 2079-09-15      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                                              | UBS Group AG                                              | CUSIP: 225401BH0<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |  15600000 | PA      | $15824859.65  | 0.29%             | N/A             | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| Dairy Farmers of America Inc                              | Dairy Farmers of America Inc                              | CUSIP: 23385HAA7<br>LEI: 1LTUIZEFFT7MUIERI838 | Long             | DBT              | CORP              | US        |  10700000 | PA      | $10379000.00  | 0.19%             | N/A             | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| Credit Agricole SA                                        | Credit Agricole SA                                        | CUSIP: N/A<br>LEI: 969500TJ5KRTCJQWXH05       | Long             | DBT              | CORP              | FR        |  15000000 | PA      | $15108916.65  | 0.28%             | N/A             | Variable      | 8.13%                 | No            |                  2 | On Loan: No      |
| MetLife Inc                                               | MetLife Inc                                               | CUSIP: 59156RBS6<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |  53475000 | PA      | $63549476.10  | 1.18%             | 2068-04-08      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| Bank of New York Mellon Corp/The                          | Bank of New York Mellon Corp/The                          | CUSIP: 064058AJ9<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |  49485000 | PA      | $48675257.15  | 0.90%             | N/A             | Variable      | 3.70%                 | No            |                  2 | On Loan: —       |
| Public Storage                                            | Public Storage                                            | CUSIP: 74460W396<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EP               | CORP              | US        |    128309 | NS      | $2126080.13   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Societe Generale SA                                       | Societe Generale SA                                       | CUSIP: 83370RAD0<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |  24000000 | PA      | $25329864.00  | 0.47%             | N/A             | Variable      | 8.50%                 | No            |                  2 | On Loan: No      |
| Nippon Life Insurance Co                                  | Nippon Life Insurance Co                                  | CUSIP: 654579AH4<br>LEI: 549300Y0HHMFW3EVWY08 | Long             | DBT              | CORP              | JP        |   3200000 | PA      | $2859338.24   | 0.05%             | 2051-01-21      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co                                          | Wells Fargo & Co                                          | CUSIP: 94988U151<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EP               | CORP              | US        |     73015 | NS      | $1420871.90   | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Bank of New York Mellon Corp/The                          | Bank of New York Mellon Corp/The                          | CUSIP: 064058AL4<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |  58050000 | PA      | $56270105.73  | 1.04%             | N/A             | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| Public Storage                                            | Public Storage                                            | CUSIP: 74460W644<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EP               | CORP              | US        |    257128 | NS      | $6019366.48   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Digital Realty Trust Inc                                  | Digital Realty Trust Inc                                  | CUSIP: 253868822<br>LEI: 549300HKCZ31D08NEI41 | Long             | EP               | CORP              | US        |     30204 | NS      | $640324.80    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Corp                                         | State Street Corp                                         | CUSIP: 857477CH4<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |  52160000 | PA      | $53984191.68  | 1.00%             | N/A             | Variable      | 6.70%                 | No            |                  2 | On Loan: No      |
| Dairy Farmers of America Inc                              | Dairy Farmers of America Inc                              | CUSIP: 23385H406<br>LEI: 1LTUIZEFFT7MUIERI838 | Long             | EP               | CORP              | US        |    236300 | NS      | $22684800.00  | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Dai-ichi Life Insurance Co Ltd/The                        | Dai-ichi Life Insurance Co Ltd/The                        | CUSIP: 23381LAA2<br>LEI: 3538001235ACEIORUV72 | Long             | DBT              | CORP              | JP        |  16700000 | PA      | $17315211.30  | 0.32%             | N/A             | Variable      | 6.20%                 | No            |                  2 | On Loan: No      |
| Nomura Holdings Inc                                       | Nomura Holdings Inc                                       | CUSIP: 65535HCC1<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |   1200000 | PA      | $1229995.20   | 0.02%             | N/A             | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| Standard Chartered PLC                                    | Standard Chartered PLC                                    | CUSIP: 853254CD0<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |  17532000 | PA      | $16529867.37  | 0.31%             | N/A             | Variable      | 4.30%                 | No            |                  2 | On Loan: —       |
| Australia & New Zealand Banking Group Ltd/United Kingdom  | Australia & New Zealand Banking Group Ltd/United Kingdom  | CUSIP: Q08328AA6<br>LEI: JHE42UYNWWTJB8YTTU19 | Long             | DBT              | CORP              | AU        |   2700000 | PA      | $2735688.44   | 0.05%             | N/A             | Variable      | 6.75%                 | No            |                  2 | On Loan: No      |
| Bank of Nova Scotia/The                                   | Bank of Nova Scotia/The                                   | CUSIP: 0641598S8<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |  39003000 | PA      | $41308701.35  | 0.76%             | 2082-10-27      | Variable      | 8.63%                 | No            |                  2 | On Loan: No      |
| Banco Santander SA                                        | Banco Santander SA                                        | CUSIP: 05971KAP4<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |  32000000 | PA      | $35423327.04  | 0.66%             | N/A             | Variable      | 9.63%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group PLC                                  | Lloyds Banking Group PLC                                  | CUSIP: 53944YAV5<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |   6400000 | PA      | $6874432.00   | 0.13%             | N/A             | Variable      | 8.00%                 | No            |                  2 | On Loan: No      |
| Mitsui Sumitomo Insurance Co Ltd                          | Mitsui Sumitomo Insurance Co Ltd                          | CUSIP: J4517MAA7<br>LEI: 5493006KRZ0SJO41LZ83 | Long             | DBT              | CORP              | JP        |    520000 | PA      | $520419.64    | 0.01%             | N/A             | Variable      | 4.95%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group Inc/The                               | Goldman Sachs Group Inc/The                               | CUSIP: 38141GB52<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |  17100000 | PA      | $17128899.00  | 0.32%             | N/A             | Variable      | 6.13%                 | No            |                  2 | On Loan: —       |
| Affiliated Managers Group Inc                             | Affiliated Managers Group Inc                             | CUSIP: 008252843<br>LEI: 2JE75BUE3T1BLCYYGK54 | Long             | EP               | CORP              | US        |     10536 | NS      | $191649.84    | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Bank of Canada                                      | Royal Bank of Canada                                      | CUSIP: 780082AT0<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |  55450000 | PA      | $53724651.07  | 0.99%             | 2084-11-24      | Variable      | 6.35%                 | No            |                  2 | On Loan: No      |
| ING Groep NV                                              | ING Groep NV                                              | CUSIP: N/A<br>LEI: 549300NYKK9MWM7GGW15       | Long             | DBT              | CORP              | NL        |  12600000 | PA      | $12088133.57  | 0.22%             | N/A             | Variable      | 4.88%                 | No            |                  2 | On Loan: No      |
| Entergy Arkansas LLC                                      | Entergy Arkansas LLC                                      | CUSIP: 29364D100<br>LEI: 549300A0I5ONUIFMLP35 | Long             | EP               | CORP              | US        |     50980 | NS      | $1063442.80   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Stifel Financial Corp                                     | Stifel Financial Corp                                     | CUSIP: 860630862<br>LEI: 549300E5F07FE5GHJX84 | Long             | EP               | CORP              | US        |    558669 | NS      | $10139842.35  | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Storage                                            | Public Storage                                            | CUSIP: 74460W578<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EP               | CORP              | US        |    253963 | NS      | $4906565.16   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Allianz SE                                                | Allianz SE                                                | CUSIP: 018820AB6<br>LEI: 529900K9B0N5BT694847 | Long             | DBT              | CORP              | DE        |   5800000 | PA      | $5412138.34   | 0.10%             | N/A             | Variable      | 3.20%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                             | Citigroup Inc                                             | CUSIP: 172967PM7<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |  27960000 | PA      | $29346620.28  | 0.54%             | N/A             | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co                                          | Wells Fargo & Co                                          | CUSIP: 95002YAA1<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |  47100000 | PA      | $50303647.80  | 0.93%             | N/A             | Variable      | 7.63%                 | No            |                  2 | On Loan: No      |
| MMI Capital Trust I                                       | MMI Capital Trust I                                       | CUSIP: 553086AC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1073000 | PA      | $1133689.57   | 0.02%             | 2027-12-15      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| American Financial Group Inc/OH                           | American Financial Group Inc/OH                           | CUSIP: 025932807<br>LEI: 549300AFOM7IVKIU1G39 | Long             | EP               | CORP              | US        |     93043 | NS      | $2078580.62   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Swedbank AB                                               | Swedbank AB                                               | CUSIP: N/A<br>LEI: M312WZV08Y7LYUC71685       | Long             | DBT              | CORP              | SE        |  14800000 | PA      | $15725000.00  | 0.29%             | N/A             | Variable      | 7.75%                 | No            |                  2 | On Loan: No      |
| Kimco Realty Corp                                         | Kimco Realty Corp                                         | CUSIP: 49446R711<br>LEI: 254900ARY41P4V1JL861 | Long             | EP               | CORP              | US        |    240235 | NS      | $5126614.90   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntington Bancshares Inc/OH                              | Huntington Bancshares Inc/OH                              | CUSIP: 446150773<br>LEI: 549300XTVCVV9I7B5T19 | Long             | EP               | CORP              | US        |     67019 | NS      | $1696921.08   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| HSBC Holdings PLC                                         | HSBC Holdings PLC                                         | CUSIP: 404280BP3<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   5600000 | PA      | $5695603.20   | 0.11%             | N/A             | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| UMB Financial Corp                                        | UMB Financial Corp                                        | CUSIP: 902788405<br>LEI: 549300MGEH3N3CUCV828 | Long             | EP               | CORP              | US        |    490700 | NS      | $12880875.00  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Standard Chartered PLC                                    | Standard Chartered PLC                                    | CUSIP: 853254BX7<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |  10000000 | PA      | $9225174.00   | 0.17%             | N/A             | Variable      | 4.75%                 | No            |                  2 | On Loan: No      |
| Sempra                                                    | Sempra                                                    | CUSIP: 816851BV0<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |  10400000 | PA      | $10242379.68  | 0.19%             | 2055-04-01      | Variable      | 6.55%                 | No            |                  2 | On Loan: No      |
| Northern Trust Corp                                       | Northern Trust Corp                                       | CUSIP: 665859AQ7<br>LEI: 549300GLF98S992BC502 | Long             | DBT              | CORP              | US        |  12400000 | PA      | $12293443.08  | 0.23%             | N/A             | Variable      | 4.60%                 | No            |                  2 | On Loan: —       |
| DTE Energy Co                                             | DTE Energy Co                                             | CUSIP: 233331818<br>LEI: 549300IX8SD6XXD71I78 | Long             | EP               | CORP              | US        |    242879 | NS      | $4264955.24   | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| Depository Trust & Clearing Corp/The                      | Depository Trust & Clearing Corp/The                      | CUSIP: 249670AB6<br>LEI: MLDY5N6PZ58ZE60QU102 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4872084.50   | 0.09%             | N/A             | Variable      | 3.38%                 | No            |                  2 | On Loan: No      |
| Allianz SE                                                | Allianz SE                                                | CUSIP: 018820AD2<br>LEI: 529900K9B0N5BT694847 | Long             | DBT              | CORP              | DE        |   2000000 | PA      | $2032402.00   | 0.04%             | 2054-09-03      | Variable      | 5.60%                 | No            |                  2 | On Loan: No      |
| Australia & New Zealand Banking Group Ltd/United Kingdom  | Australia & New Zealand Banking Group Ltd/United Kingdom  | CUSIP: 05254HAA2<br>LEI: JHE42UYNWWTJB8YTTU19 | Long             | DBT              | CORP              | AU        |  12200000 | PA      | $12361258.87  | 0.23%             | N/A             | Variable      | 6.75%                 | No            |                  2 | On Loan: No      |
| Truist Financial Corp                                     | Truist Financial Corp                                     | CUSIP: 89832Q695<br>LEI: 549300DRQQI75D2JP341 | Long             | EP               | CORP              | US        |    462909 | NS      | $9082274.58   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co                                       | JPMorgan Chase & Co                                       | CUSIP: 48128B622<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EP               | CORP              | US        |    124722 | NS      | $2561789.88   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| ACE Capital Trust II                                      | ACE Capital Trust II                                      | CUSIP: 00440FAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  15505000 | PA      | $18632719.15  | 0.34%             | 2030-04-01      | Fixed         | 9.70%                 | No            |                  2 | On Loan: No      |
| Entergy Louisiana LLC                                     | Entergy Louisiana LLC                                     | CUSIP: 29364W108<br>LEI: 0V5453U14HDZO63CGH17 | Long             | EP               | CORP              | US        |    125440 | NS      | $2595353.60   | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| Wells Fargo & Co                                          | Wells Fargo & Co                                          | CUSIP: 949746TB7<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   3700000 | PA      | $4139092.58   | 0.08%             | 2029-11-15      | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| Royal Bank of Canada                                      | Royal Bank of Canada                                      | CUSIP: 780082AR4<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |  42500000 | PA      | $44435535.00  | 0.82%             | 2084-05-02      | Variable      | 7.50%                 | No            |                  2 | On Loan: —       |
| JPMorgan Chase & Co                                       | JPMorgan Chase & Co                                       | CUSIP: 48123KAE6<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3701874.12   | 0.07%             | 2087-01-15      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| Truist Financial Corp                                     | Truist Financial Corp                                     | CUSIP: 89832QAF6<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |  35906000 | PA      | $35594522.63  | 0.66%             | N/A             | Variable      | 5.10%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                      | Bank of America Corp                                      | CUSIP: 06055HAK9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |  56700000 | PA      | $56750621.19  | 1.05%             | N/A             | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| Prudential Financial Inc                                  | Prudential Financial Inc                                  | CUSIP: 744320870<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | EP               | CORP              | US        |    166189 | NS      | $4199596.03   | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| Banco Bilbao Vizcaya Argentaria SA                        | Banco Bilbao Vizcaya Argentaria SA                        | CUSIP: 05946KAM3<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | DBT              | CORP              | ES        |  27000000 | PA      | $29843451.00  | 0.55%             | N/A             | Variable      | 9.38%                 | No            |                  2 | On Loan: No      |
| Regions Financial Corp                                    | Regions Financial Corp                                    | CUSIP: 7591EP886<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EP               | CORP              | US        |    311305 | NS      | $5684429.30   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| HSBC Holdings PLC                                         | HSBC Holdings PLC                                         | CUSIP: 404280BL2<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |  15900000 | PA      | $15903577.50  | 0.29%             | N/A             | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Dominion Energy Inc                                       | Dominion Energy Inc                                       | CUSIP: 25746UDT3<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |  18800000 | PA      | $19651321.72  | 0.36%             | 2055-02-01      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| Energy Transfer LP                                        | Energy Transfer LP                                        | CUSIP: 29273VBH2<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3980397.44   | 0.07%             | 2056-02-15      | Variable      | 6.75%                 | No            |                  2 | On Loan: No      |
| Digital Realty Trust Inc                                  | Digital Realty Trust Inc                                  | CUSIP: 253868830<br>LEI: 549300HKCZ31D08NEI41 | Long             | EP               | CORP              | US        |     76850 | NS      | $1895121.00   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Meiji Yasuda Life Insurance Co                            | Meiji Yasuda Life Insurance Co                            | CUSIP: 585270AD3<br>LEI: 549300SLU4LP6YMRLK07 | Long             | DBT              | CORP              | JP        |  19000000 | PA      | $19348897.00  | 0.36%             | 2054-09-11      | Variable      | 5.80%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings Inc                       | NextEra Energy Capital Holdings Inc                       | CUSIP: 65339KBK5<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |   3200000 | PA      | $3191103.68   | 0.06%             | 2079-05-01      | Variable      | 5.65%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                            | Morgan Stanley                                            | CUSIP: 61762V853<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EP               | CORP              | US        |    440682 | NS      | $11246204.64  | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co                                       | JPMorgan Chase & Co                                       | CUSIP: 48128BAN1<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |  92624000 | PA      | $91307071.97  | 1.69%             | N/A             | Variable      | 3.65%                 | No            |                  2 | On Loan: No      |
| Federal Realty Investment Trust                           | Federal Realty Investment Trust                           | CUSIP: 313745200<br>LEI: 549300FHEI1SLVZ0RB48 | Long             | EP               | CORP              | US        |     65290 | NS      | $1356073.30   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| CMS Energy Corp                                           | CMS Energy Corp                                           | CUSIP: 125896845<br>LEI: 549300IA9XFBAGNIBW29 | Long             | EP               | CORP              | US        |    142374 | NS      | $3362873.88   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| PNC Financial Services Group Inc/The                      | PNC Financial Services Group Inc/The                      | CUSIP: 693475BF1<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |   9200000 | PA      | $9347328.80   | 0.17%             | N/A             | Variable      | 6.20%                 | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                            | BNP Paribas SA                                            | CUSIP: N/A<br>LEI: R0MUWSFPU8MPRO8K5P83       | Long             | DBT              | CORP              | FR        |   8600000 | PA      | $9219870.80   | 0.17%             | N/A             | Variable      | 9.25%                 | No            |                  2 | On Loan: No      |
| Kimco Realty Corp                                         | Kimco Realty Corp                                         | CUSIP: 49446R737<br>LEI: 254900ARY41P4V1JL861 | Long             | EP               | CORP              | US        |    106113 | NS      | $2238984.30   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Citizens Financial Group Inc                              | Citizens Financial Group Inc                              | CUSIP: 174610600<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | EP               | CORP              | US        |    669818 | NS      | $17669798.84  | 0.33%             |  |  |  | No            |                  1 | On Loan: —       |
| KeyCorp                                                   | KeyCorp                                                   | CUSIP: 493267843<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | EP               | CORP              | US        |    403382 | NS      | $10003873.60  | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Swedbank AB                                               | Swedbank AB                                               | CUSIP: N/A<br>LEI: M312WZV08Y7LYUC71685       | Long             | DBT              | CORP              | SE        |  14000000 | PA      | $14714971.04  | 0.27%             | N/A             | Variable      | 7.63%                 | No            |                  2 | On Loan: No      |
| Citizens Financial Group Inc                              | Citizens Financial Group Inc                              | CUSIP: 174610AQ8<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |   7738000 | PA      | $7744546.35   | 0.14%             | N/A             | Variable      | 7.70%                 | No            |                  2 | On Loan: —       |
| American Electric Power Co Inc                            | American Electric Power Co Inc                            | CUSIP: 025537BA8<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |  10000000 | PA      | $10631560.00  | 0.20%             | 2054-12-15      | Variable      | 6.95%                 | No            |                  2 | On Loan: No      |
| MetLife Capital Trust IV                                  | MetLife Capital Trust IV                                  | CUSIP: 591560AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  24540000 | PA      | $26991030.66  | 0.50%             | 2067-12-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| TransCanada PipeLines Ltd                                 | TransCanada PipeLines Ltd                                 | CUSIP: 89352HBG3<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | DBT              | CORP              | CA        |  12100000 | PA      | $12273211.50  | 0.23%             | 2065-06-01      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| Huntington Bancshares Inc/OH                              | Huntington Bancshares Inc/OH                              | CUSIP: 446150AT1<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |  38673000 | PA      | $39416217.71  | 0.73%             | N/A             | Variable      | 5.63%                 | No            |                  2 | On Loan: —       |
| Allianz SE                                                | Allianz SE                                                | CUSIP: X10001AA7<br>LEI: 529900K9B0N5BT694847 | Long             | DBT              | CORP              | DE        |   6200000 | PA      | $6143938.98   | 0.11%             | N/A             | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| Nippon Life Insurance Co                                  | Nippon Life Insurance Co                                  | CUSIP: 654579AK7<br>LEI: 549300Y0HHMFW3EVWY08 | Long             | DBT              | CORP              | JP        |  22900000 | PA      | $20248577.32  | 0.37%             | 2051-09-16      | Variable      | 2.90%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                                              | UBS Group AG                                              | CUSIP: 225401BJ6<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   7000000 | PA      | $7126259.00   | 0.13%             | N/A             | Variable      | 7.13%                 | No            |                  2 | On Loan: No      |
| Stifel Financial Corp                                     | Stifel Financial Corp                                     | CUSIP: 860630607<br>LEI: 549300E5F07FE5GHJX84 | Long             | EP               | CORP              | US        |      4481 | NS      | $95221.25     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Corebridge Financial Inc                                  | Corebridge Financial Inc                                  | CUSIP: 21871XAT6<br>LEI: 549300XY1661QCIA7J65 | Long             | DBT              | CORP              | US        |  12500000 | PA      | $12652800.00  | 0.23%             | 2054-09-15      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| Charles Schwab Corp/The                                   | Charles Schwab Corp/The                                   | CUSIP: 808513BK0<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |  96320000 | PA      | $94868823.62  | 1.75%             | N/A             | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| M&T Bank Corp                                             | M&T Bank Corp                                             | CUSIP: 55261FAL8<br>LEI: 549300WYXDDBYRASEG81 | Long             | DBT              | CORP              | US        |  15500000 | PA      | $15636942.50  | 0.29%             | N/A             | Variable      | 7.30%                 | No            |                  2 | On Loan: —       |
| JPMorgan Chase & Co                                       | JPMorgan Chase & Co                                       | CUSIP: 48128AAJ2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |  13200000 | PA      | $13557363.60  | 0.25%             | N/A             | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| Enbridge Inc                                              | Enbridge Inc                                              | CUSIP: 29250NAW5<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |  34882000 | PA      | $35100256.67  | 0.65%             | 2078-03-01      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| American Electric Power Co Inc                            | American Electric Power Co Inc                            | CUSIP: 025537AU5<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |  20950000 | PA      | $20310804.19  | 0.38%             | 2062-02-15      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| Northern Trust Corp                                       | Northern Trust Corp                                       | CUSIP: 665859856<br>LEI: 549300GLF98S992BC502 | Long             | EP               | CORP              | US        |    206006 | NS      | $4173681.56   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Voya Financial Inc                                        | Voya Financial Inc                                        | CUSIP: 929089AG5<br>LEI: 549300T065Z4KJ686G75 | Long             | DBT              | CORP              | US        |  20306000 | PA      | $21416575.75  | 0.40%             | N/A             | Variable      | 7.76%                 | No            |                  2 | On Loan: No      |
| Equitable Holdings Inc                                    | Equitable Holdings Inc                                    | CUSIP: 29452E408<br>LEI: 549300FIBAKMNHPZ4009 | Long             | EP               | CORP              | US        |    538152 | NS      | $9336937.20   | 0.17%             |  |  |  | No            |                  1 | On Loan: —       |
| Toronto-Dominion Bank/The                                 | Toronto-Dominion Bank/The                                 | CUSIP: 89117F8Z5<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |  44600000 | PA      | $46970088.60  | 0.87%             | 2082-10-31      | Variable      | 8.13%                 | No            |                  2 | On Loan: No      |
| Enbridge Inc                                              | Enbridge Inc                                              | CUSIP: 29250NCG8<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |   5000000 | PA      | $5252690.00   | 0.10%             | 2055-03-15      | Variable      | 7.38%                 | No            |                  2 | On Loan: No      |
| Bank of Montreal                                          | Bank of Montreal                                          | CUSIP: 06368L5Q5<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |  17000000 | PA      | $17829532.00  | 0.33%             | 2084-11-26      | Variable      | 7.30%                 | No            |                  2 | On Loan: No      |
| NatWest Group PLC                                         | NatWest Group PLC                                         | CUSIP: 639057AD0<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |  26085000 | PA      | $23392263.71  | 0.43%             | N/A             | Variable      | 4.60%                 | No            |                  2 | On Loan: No      |
| Allianz SE                                                | Allianz SE                                                | CUSIP: 018820AA8<br>LEI: 529900K9B0N5BT694847 | Long             | DBT              | CORP              | DE        |  22400000 | PA      | $22197456.96  | 0.41%             | N/A             | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                             | Citigroup Inc                                             | CUSIP: 17327CAV5<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |  10100000 | PA      | $10255459.20  | 0.19%             | N/A             | Variable      | 6.95%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                             | Citigroup Inc                                             | CUSIP: 172967KM2<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |  54167000 | PA      | $54494547.85  | 1.01%             | N/A             | Variable      | 6.25%                 | No            |                  2 | On Loan: —       |
| Allstate Corp/The                                         | Allstate Corp/The                                         | CUSIP: 020002788<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EP               | CORP              | US        |    229165 | NS      | $6242454.60   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Enbridge Inc                                              | Enbridge Inc                                              | CUSIP: 29250NBT1<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |  17815000 | PA      | $20152577.41  | 0.37%             | 2084-01-15      | Variable      | 8.50%                 | No            |                  2 | On Loan: —       |
| Bank of Montreal                                          | Bank of Montreal                                          | CUSIP: 06368LQ58<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |  37793000 | PA      | $39404531.31  | 0.73%             | 2084-05-26      | Variable      | 7.70%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                      | Bank of America Corp                                      | CUSIP: 060505GB4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |  11620000 | PA      | $11350607.73  | 0.21%             | N/A             | Variable      | 4.38%                 | No            |                  2 | On Loan: —       |
| Public Storage                                            | Public Storage                                            | CUSIP: 74460W461<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EP               | CORP              | US        |    868470 | NS      | $14008421.10  | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Citizens Financial Group Inc                              | Citizens Financial Group Inc                              | CUSIP: 174610AU9<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |  18228000 | PA      | $18213999.07  | 0.34%             | N/A             | Variable      | 5.65%                 | No            |                  2 | On Loan: —       |
| Prudential Financial Inc                                  | Prudential Financial Inc                                  | CUSIP: 744320805<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | EP               | CORP              | US        |    169114 | NS      | $4163586.68   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Preferred ETF                                     | Invesco Preferred ETF                                     | CUSIP: 46138E511<br>LEI: 549300J11Q08WEERN210 | Long             | EC               | RF                | US        |   3415609 | NS      | $39074566.96  | 0.72%             |  |  |  | No            |                  1 | On Loan: —       |
| Southern Co/The                                           | Southern Co/The                                           | CUSIP: 842587800<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EP               | CORP              | US        |    248873 | NS      | $5355746.96   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco Bilbao Vizcaya Argentaria SA                        | Banco Bilbao Vizcaya Argentaria SA                        | CUSIP: 05946KAF8<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | DBT              | CORP              | ES        |  14200000 | PA      | $14131107.28  | 0.26%             | N/A             | Variable      | 6.13%                 | No            |                  2 | On Loan: No      |
| Aon Corp                                                  | Aon Corp                                                  | CUSIP: 037389AK9<br>LEI: LTS3U8DGK38SETRUWX71 | Long             | DBT              | CORP              | US        |   4350000 | PA      | $4554462.92   | 0.08%             | 2027-01-01      | Fixed         | 8.21%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group Inc/The                               | Goldman Sachs Group Inc/The                               | CUSIP: 38144GAE1<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |  12800000 | PA      | $12557870.08  | 0.23%             | N/A             | Variable      | 3.80%                 | No            |                  2 | On Loan: No      |
| Prudential Financial Inc                                  | Prudential Financial Inc                                  | CUSIP: 744320BK7<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |  23400000 | PA      | $24144354.00  | 0.45%             | 2052-09-01      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| NatWest Group PLC                                         | NatWest Group PLC                                         | CUSIP: 639057AQ1<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |   6000000 | PA      | $6643410.00   | 0.12%             | N/A             | Variable      | 8.13%                 | No            |                  2 | On Loan: —       |
| Prudential Financial Inc                                  | Prudential Financial Inc                                  | CUSIP: 744320BJ0<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $979926.30    | 0.02%             | 2052-03-01      | Variable      | 5.13%                 | No            |                  2 | On Loan: No      |
| BlackRock Liquidity FedFund - Institutional Class         | BlackRock Liquidity FedFund - Institutional Class         | CUSIP: 09248U700<br>LEI: 549300T8K043VZEOVK74 | Long             | STIV             | RF                | US        |   6910023 | NS      | $6910023.28   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Webster Financial Corp                                    | Webster Financial Corp                                    | CUSIP: 947890505<br>LEI: KMRURHT0VWKYS6Z5KU67 | Long             | EP               | CORP              | US        |    194856 | NS      | $3916605.60   | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| Toronto-Dominion Bank/The                                 | Toronto-Dominion Bank/The                                 | CUSIP: 89116CKP1<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |   1000000 | PA      | $1038884.00   | 0.02%             | 2084-07-31      | Variable      | 7.25%                 | No            |                  2 | On Loan: —       |
| Citizens Financial Group Inc                              | Citizens Financial Group Inc                              | CUSIP: 174610BD6<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |  34319000 | PA      | $33536622.89  | 0.62%             | N/A             | Variable      | 4.00%                 | No            |                  2 | On Loan: —       |
| AXA SA                                                    | AXA SA                                                    | CUSIP: N/A<br>LEI: F5WCUMTUM4RKZ1MAIE39       | Long             | DBT              | CORP              | FR        |    500000 | PA      | $502262.81    | 0.01%             | 2047-01-17      | Variable      | 5.13%                 | No            |                  2 | On Loan: No      |
| American Express Co                                       | American Express Co                                       | CUSIP: 025816CH0<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |  47190000 | PA      | $46046421.14  | 0.85%             | N/A             | Variable      | 3.55%                 | No            |                  2 | On Loan: No      |
| Macquarie Bank Ltd/London                                 | Macquarie Bank Ltd/London                                 | CUSIP: 556079AB7<br>LEI: 549300MPRNPO6FWNKN78 | Long             | DBT              | CORP              | AU        |  21000000 | PA      | $21210168.00  | 0.39%             | N/A             | Variable      | 6.13%                 | No            |                  2 | On Loan: —       |
| NiSource Inc                                              | NiSource Inc                                              | CUSIP: 65473PAR6<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4159156.00   | 0.08%             | 2054-11-30      | Variable      | 6.95%                 | No            |                  2 | On Loan: No      |
| Public Storage                                            | Public Storage                                            | CUSIP: 74460W594<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EP               | CORP              | US        |    306791 | NS      | $5829029.00   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Societe Generale SA                                       | Societe Generale SA                                       | CUSIP: 83370RAC2<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |   3800000 | PA      | $4056348.00   | 0.08%             | N/A             | Variable      | 9.38%                 | No            |                  2 | On Loan: No      |
| Bank of Montreal                                          | Bank of Montreal                                          | CUSIP: 06368L8V1<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |  26150000 | PA      | $26310430.25  | 0.49%             | 2085-11-26      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| Equitable Holdings Inc                                    | Equitable Holdings Inc                                    | CUSIP: 29452EAD3<br>LEI: 549300FIBAKMNHPZ4009 | Long             | DBT              | CORP              | US        |   8100000 | PA      | $8268455.70   | 0.15%             | 2055-03-28      | Variable      | 6.70%                 | No            |                  2 | On Loan: No      |
| Regions Financial Corp                                    | Regions Financial Corp                                    | CUSIP: 7591EP704<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EP               | CORP              | US        |    338586 | NS      | $8098977.12   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Standard Chartered PLC                                    | Standard Chartered PLC                                    | CUSIP: 853254AB6<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |   9200000 | PA      | $9528348.00   | 0.18%             | N/A             | Variable      | 7.01%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group Inc/The                               | Goldman Sachs Group Inc/The                               | CUSIP: 38141GA79<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   8000000 | PA      | $8397880.00   | 0.16%             | N/A             | Variable      | 7.50%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co                                          | Wells Fargo & Co                                          | CUSIP: 949746TD3<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |  41650000 | PA      | $41249426.96  | 0.76%             | N/A             | Variable      | 3.90%                 | No            |                  2 | On Loan: No      |
| Cullen/Frost Bankers Inc                                  | Cullen/Frost Bankers Inc                                  | CUSIP: 229899307<br>LEI: 529900V2E9G9AY665O34 | Long             | EP               | CORP              | US        |    298372 | NS      | $5409484.36   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsui Sumitomo Insurance Co Ltd                          | Mitsui Sumitomo Insurance Co Ltd                          | CUSIP: 606839AB4<br>LEI: 5493006KRZ0SJO41LZ83 | Long             | DBT              | CORP              | JP        |   1800000 | PA      | $1801452.60   | 0.03%             | N/A             | Variable      | 4.95%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                             | Citigroup Inc                                             | CUSIP: 172967PR6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   4500000 | PA      | $4536468.00   | 0.08%             | N/A             | Variable      | 6.75%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                         | HSBC Holdings PLC                                         | CUSIP: 404280FA2<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   8300000 | PA      | $8562437.70   | 0.16%             | N/A             | Variable      | 7.05%                 | No            |                  2 | On Loan: No      |
| Julius Baer Group Ltd                                     | Julius Baer Group Ltd                                     | CUSIP: N/A<br>LEI: 5299007MF0604ZGJER92       | Long             | DBT              | CORP              | CH        |   5000000 | PA      | $5022397.45   | 0.09%             | N/A             | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| M&T Bank Corp                                             | M&T Bank Corp                                             | CUSIP: 55261FAH7<br>LEI: 549300WYXDDBYRASEG81 | Long             | DBT              | CORP              | US        |   6305000 | PA      | $6254667.19   | 0.12%             | N/A             | Variable      | 5.13%                 | No            |                  2 | On Loan: —       |
| Liberty Mutual Group Inc                                  | Liberty Mutual Group Inc                                  | CUSIP: 53079EBM5<br>LEI: QUR0DG15Z6FFGYCHH861 | Long             | DBT              | CORP              | US        |   6100000 | PA      | $5982549.01   | 0.11%             | 2051-12-15      | Variable      | 4.13%                 | No            |                  2 | On Loan: No      |
| N/A                                                       | FX Forwards                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-0.41        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Nationwide Financial Services Inc                         | Nationwide Financial Services Inc                         | CUSIP: 638612AJ0<br>LEI: 5493001H7AZNDS6BKJ36 | Long             | DBT              | CORP              | US        |  70995000 | PA      | $71084737.68  | 1.31%             | 2087-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp                                | Capital One Financial Corp                                | CUSIP: 14040H782<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EP               | CORP              | US        |    222141 | NS      | $4178472.21   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| DNB Bank ASA                                              | DNB Bank ASA                                              | CUSIP: N/A<br>LEI: 549300GKFG0RYRRQ1414       | Long             | DBT              | CORP              | NO        |   4000000 | PA      | $4160000.00   | 0.08%             | N/A             | Variable      | 7.38%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                                              | UBS Group AG                                              | CUSIP: 902613BS6<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   2300000 | PA      | $2318453.96   | 0.04%             | N/A             | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| Banco Bilbao Vizcaya Argentaria SA                        | Banco Bilbao Vizcaya Argentaria SA                        | CUSIP: 05946KAS0<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | DBT              | CORP              | ES        |  45000000 | PA      | $46819350.00  | 0.87%             | N/A             | Variable      | 7.75%                 | No            |                  2 | On Loan: No      |
| Meiji Yasuda Life Insurance Co                            | Meiji Yasuda Life Insurance Co                            | CUSIP: 585270AE1<br>LEI: 549300SLU4LP6YMRLK07 | Long             | DBT              | CORP              | JP        |  23700000 | PA      | $24407208.00  | 0.45%             | 2055-06-11      | Variable      | 6.10%                 | No            |                  2 | On Loan: No      |
| Argentum Netherlands BV for Zurich Insurance Co Ltd       | Argentum Netherlands BV for Zurich Insurance Co Ltd       | CUSIP: N/A<br>LEI: 50ZCTKCMUDIABGHX3R52       | Long             | DBT              | CORP              | NL        |   2490000 | PA      | $2493761.94   | 0.05%             | 2048-06-01      | Variable      | 5.13%                 | No            |                  2 | On Loan: No      |
| Affiliated Managers Group Inc                             | Affiliated Managers Group Inc                             | CUSIP: 008252835<br>LEI: 2JE75BUE3T1BLCYYGK54 | Long             | EP               | CORP              | US        |    175726 | NS      | $2852032.98   | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| UBS Group AG                                              | UBS Group AG                                              | CUSIP: 902613AD0<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   7000000 | PA      | $6276171.30   | 0.12%             | N/A             | Variable      | 4.38%                 | No            |                  2 | On Loan: No      |
| Equitable Holdings Inc                                    | Equitable Holdings Inc                                    | CUSIP: 29452E200<br>LEI: 549300FIBAKMNHPZ4009 | Long             | EP               | CORP              | US        |    461567 | NS      | $9872918.13   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntington Bancshares Inc/OH                              | Huntington Bancshares Inc/OH                              | CUSIP: 446150AV6<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |  90661000 | PA      | $89332254.25  | 1.65%             | N/A             | Variable      | 4.45%                 | No            |                  2 | On Loan: No      |
| Swiss RE Subordinated Finance PLC                         | Swiss RE Subordinated Finance PLC                         | CUSIP: 87088QAB0<br>LEI: 636700H29EH5Z8ZU8L04 | Long             | DBT              | CORP              | GB        |   2000000 | PA      | $2016620.02   | 0.04%             | 2046-04-01      | Variable      | 6.19%                 | No            |                  2 | On Loan: No      |
| Regions Financial Corp                                    | Regions Financial Corp                                    | CUSIP: 7591EP860<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EP               | CORP              | US        |    845886 | NS      | $21730811.34  | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Voya Financial Inc                                        | Voya Financial Inc                                        | CUSIP: 929089209<br>LEI: 549300T065Z4KJ686G75 | Long             | EP               | CORP              | US        |     58984 | NS      | $1393202.08   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| DTE Energy Co                                             | DTE Energy Co                                             | CUSIP: 233331859<br>LEI: 549300IX8SD6XXD71I78 | Long             | EP               | CORP              | US        |    381382 | NS      | $8653557.58   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Truist Financial Corp                                     | Truist Financial Corp                                     | CUSIP: 86788LAA8<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |   9022000 | PA      | $8828194.63   | 0.16%             | 2028-03-15      | Floating      | 5.23%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                             | Citigroup Inc                                             | CUSIP: 172967PC9<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |  24600000 | PA      | $25559449.20  | 0.47%             | N/A             | Variable      | 7.38%                 | No            |                  2 | On Loan: No      |
| Spire Inc                                                 | Spire Inc                                                 | CUSIP: 84857L309<br>LEI: 549300NXSY15DRY2R511 | Long             | EP               | CORP              | US        |      5031 | NS      | $123410.43    | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis Inc                                              | Prologis Inc                                              | CUSIP: 74340W202<br>LEI: 529900DFH19P073LZ636 | Long             | EP               | CORP              | US        |    123703 | NS      | $6736123.16   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Barclays PLC                                              | Barclays PLC                                              | CUSIP: 06738ECN3<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |  50400000 | PA      | $56520777.60  | 1.05%             | N/A             | Variable      | 9.63%                 | No            |                  2 | On Loan: —       |
| Royal Bank of Canada                                      | Royal Bank of Canada                                      | CUSIP: 780082AV5<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |  17700000 | PA      | $17983784.10  | 0.33%             | 2085-08-24      | Variable      | 6.75%                 | No            |                  2 | On Loan: No      |
| Swiss RE Subordinated Finance PLC                         | Swiss RE Subordinated Finance PLC                         | CUSIP: 87088QAA2<br>LEI: 636700H29EH5Z8ZU8L04 | Long             | DBT              | CORP              | GB        |  10800000 | PA      | $11041918.70  | 0.20%             | 2035-04-05      | Variable      | 5.70%                 | No            |                  2 | On Loan: No      |
| State Street Corp                                         | State Street Corp                                         | CUSIP: 857477CS0<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |  11100000 | PA      | $11289099.60  | 0.21%             | N/A             | Variable      | 6.45%                 | No            |                  2 | On Loan: No      |
| MetLife Inc                                               | MetLife Inc                                               | CUSIP: 59156RAV0<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |  50413000 | PA      | $67390333.95  | 1.25%             | 2069-08-01      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| Liberty Mutual Group Inc                                  | Liberty Mutual Group Inc                                  | CUSIP: 53079EAN4<br>LEI: QUR0DG15Z6FFGYCHH861 | Long             | DBT              | CORP              | US        |  76240000 | PA      | $87456374.67  | 1.62%             | 2087-03-07      | Fixed         | 7.80%                 | No            |                  2 | On Loan: No      |
| Standard Chartered PLC                                    | Standard Chartered PLC                                    | CUSIP: 853254DF4<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |  16600000 | PA      | $17252669.34  | 0.32%             | N/A             | Variable      | 7.63%                 | No            |                  2 | On Loan: —       |
| Barclays PLC                                              | Barclays PLC                                              | CUSIP: 06738EBT1<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |  20900000 | PA      | $19706175.28  | 0.36%             | N/A             | Variable      | 4.38%                 | No            |                  2 | On Loan: —       |
| Credit Agricole SA                                        | Credit Agricole SA                                        | CUSIP: 225313AP0<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |   7100000 | PA      | $6740086.80   | 0.12%             | N/A             | Variable      | 4.75%                 | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                            | BNP Paribas SA                                            | CUSIP: F1R15XL35<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |   5000000 | PA      | $4465710.05   | 0.08%             | N/A             | Variable      | 4.63%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                      | Bank of America Corp                                      | CUSIP: 06055HAB9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |  47236000 | PA      | $47675077.51  | 0.88%             | N/A             | Variable      | 6.13%                 | No            |                  2 | On Loan: No      |
| KeyCorp Capital III                                       | KeyCorp Capital III                                       | CUSIP: 49326QAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  11200000 | PA      | $11949320.32  | 0.22%             | 2029-07-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                      | Bank of America Corp                                      | CUSIP: 06055H806<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EP               | CORP              | US        |      7500 | NS      | $132825.00    | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Principal Government Money Market Fund - Class R-6        | Principal Government Money Market Fund - Class R-6        | CUSIP: 74257B639<br>LEI: N/A                  | Long             | STIV             | RF                | US        | 107784525 | NS      | $107784524.60 | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Zurich Finance Ireland Designated Activity Co             | Zurich Finance Ireland Designated Activity Co             | CUSIP: N/A<br>LEI: 549300E0FVHYR37EGX65       | Long             | DBT              | CORP              | IE        |  60100000 | PA      | $53709108.44  | 0.99%             | 2051-04-19      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| American Financial Group Inc/OH                           | American Financial Group Inc/OH                           | CUSIP: 025932864<br>LEI: 549300AFOM7IVKIU1G39 | Long             | EP               | CORP              | US        |     92709 | NS      | $1619626.23   | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| AT&T Inc                                                  | AT&T Inc                                                  | CUSIP: 00206R508<br>LEI: 549300Z40J86GGSTL398 | Long             | EP               | CORP              | US        |     22144 | NS      | $454616.32    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| KeyCorp                                                   | KeyCorp                                                   | CUSIP: 493267702<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | EP               | CORP              | US        |    725354 | NS      | $18104835.84  | 0.33%             |  |  |  | No            |                  1 | On Loan: —       |
| NextEra Energy Capital Holdings Inc                       | NextEra Energy Capital Holdings Inc                       | CUSIP: 65339KCW8<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |  16700000 | PA      | $17154407.00  | 0.32%             | 2054-09-01      | Variable      | 6.70%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group PLC                                  | Lloyds Banking Group PLC                                  | CUSIP: 53944YAJ2<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $201959.80    | 0.00%             | N/A             | Variable      | 6.75%                 | No            |                  2 | On Loan: No      |
| Arch Capital Group Ltd                                    | Arch Capital Group Ltd                                    | CUSIP: 03939A404<br>LEI: 549300AYR4P8AFKDCE43 | Long             | EP               | CORP              | BM        |    119912 | NS      | $2112849.44   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Mutual Insurance Co                               | Liberty Mutual Insurance Co                               | CUSIP: 53079QAD9<br>LEI: CNC20I6IOMGF7KY49D67 | Long             | DBT              | CORP              | US        |   5025000 | PA      | $5630596.82   | 0.10%             | 2097-10-15      | Fixed         | 7.70%                 | No            |                  2 | On Loan: —       |
| Barclays PLC                                              | Barclays PLC                                              | CUSIP: 06738EDC6<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |  11300000 | PA      | $11672244.60  | 0.22%             | N/A             | Variable      | 7.63%                 | No            |                  2 | On Loan: —       |
| Citigroup Inc                                             | Citigroup Inc                                             | CUSIP: 17327CBC6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |  11000000 | PA      | $11192599.00  | 0.21%             | N/A             | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| Argentum Netherlands BV for Swiss Re Ltd                  | Argentum Netherlands BV for Swiss Re Ltd                  | CUSIP: N/A<br>LEI: 724500RPEZI5VVQQWE89       | Long             | DBT              | CORP              | NL        |  63620000 | PA      | $64018044.26  | 1.18%             | 2052-08-15      | Variable      | 5.63%                 | No            |                  2 | On Loan: No      |
| ING Groep NV                                              | ING Groep NV                                              | CUSIP: 456837AR4<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |  20625000 | PA      | $20654885.63  | 0.38%             | N/A             | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen | Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen | CUSIP: 62582PAA8<br>LEI: 529900MUF4C20K50JS49 | Long             | DBT              | CORP              | DE        |   4800000 | PA      | $4962894.67   | 0.09%             | 2042-05-23      | Variable      | 5.88%                 | No            |                  2 | On Loan: —       |
| RenaissanceRe Holdings Ltd                                | RenaissanceRe Holdings Ltd                                | CUSIP: 75968N309<br>LEI: EK6GB9U3U58PDI411C94 | Long             | EP               | CORP              | BM        |     23682 | NS      | $530950.44    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Allstate Corp/The                                         | Allstate Corp/The                                         | CUSIP: 020002812<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EP               | CORP              | US        |    135447 | NS      | $2737383.87   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp                                      | Bank of America Corp                                      | CUSIP: 06051GHP7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   6112000 | PA      | $6464907.06   | 0.12%             | 2027-06-15      | Fixed         | 8.05%                 | No            |                  2 | On Loan: No      |
| Banco Santander SA                                        | Banco Santander SA                                        | CUSIP: 05964HBH7<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |   4600000 | PA      | $4998935.00   | 0.09%             | N/A             | Variable      | 8.00%                 | No            |                  2 | On Loan: No      |
| Standard Chartered PLC                                    | Standard Chartered PLC                                    | CUSIP: 853254CM0<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |  45000000 | PA      | $46658250.00  | 0.86%             | N/A             | Variable      | 7.75%                 | No            |                  2 | On Loan: No      |
| Georgia Power Co                                          | Georgia Power Co                                          | CUSIP: 373334440<br>LEI: D981X4Z4RWS7PDMJUZ03 | Long             | EP               | CORP              | US        |    164560 | NS      | $3702600.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Nova Scotia/The                                   | Bank of Nova Scotia/The                                   | CUSIP: 0641598X7<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |  25300000 | PA      | $26005945.90  | 0.48%             | 2085-04-27      | Variable      | 7.35%                 | No            |                  2 | On Loan: No      |
| Canadian Imperial Bank of Commerce                        | Canadian Imperial Bank of Commerce                        | CUSIP: 13607P7Y4<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |  24850000 | PA      | $25338153.40  | 0.47%             | 2085-10-28      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings Inc                       | NextEra Energy Capital Holdings Inc                       | CUSIP: 65339K860<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | EP               | CORP              | US        |     98197 | NS      | $2283080.25   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| UBS Group AG                                              | UBS Group AG                                              | CUSIP: 902613AG3<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |  20000000 | PA      | $19666620.00  | 0.36%             | N/A             | Variable      | 3.88%                 | No            |                  2 | On Loan: —       |
| Fifth Third Bancorp                                       | Fifth Third Bancorp                                       | CUSIP: 316773DB3<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | DBT              | CORP              | US        |   2131000 | PA      | $2125256.32   | 0.04%             | N/A             | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                            | BNP Paribas SA                                            | CUSIP: 05565A5R0<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |  64000000 | PA      | $67978496.00  | 1.26%             | N/A             | Variable      | 8.50%                 | No            |                  2 | On Loan: No      |
| ING Groep NV                                              | ING Groep NV                                              | CUSIP: N/A<br>LEI: 549300NYKK9MWM7GGW15       | Long             | DBT              | CORP              | NL        |  30400000 | PA      | $31694796.80  | 0.59%             | N/A             | Variable      | 7.25%                 | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                            | BNP Paribas SA                                            | CUSIP: N/A<br>LEI: R0MUWSFPU8MPRO8K5P83       | Long             | DBT              | CORP              | FR        |  10048000 | PA      | $10552690.94  | 0.20%             | N/A             | Variable      | 7.75%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings Inc                       | NextEra Energy Capital Holdings Inc                       | CUSIP: 302570AW6<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |  12149000 | PA      | $11284952.19  | 0.21%             | 2066-10-01      | Variable      | 6.62%                 | No            |                  2 | On Loan: No      |
| PNC Financial Services Group Inc/The                      | PNC Financial Services Group Inc/The                      | CUSIP: 693475BP9<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        | 111020000 | PA      | $112289624.72 | 2.08%             | N/A             | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| Bank of Nova Scotia/The                                   | Bank of Nova Scotia/The                                   | CUSIP: 0641598V1<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |  27045000 | PA      | $28818070.20  | 0.53%             | 2084-01-27      | Variable      | 8.00%                 | No            |                  2 | On Loan: No      |
| Enbridge Inc                                              | Enbridge Inc                                              | CUSIP: 29250NBS3<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |   2000000 | PA      | $2130358.00   | 0.04%             | 2084-01-15      | Variable      | 8.25%                 | No            |                  2 | On Loan: No      |
| NatWest Group PLC                                         | NatWest Group PLC                                         | CUSIP: 780097BQ3<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |  55100000 | PA      | $55140333.20  | 1.02%             | N/A             | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Canadian Imperial Bank of Commerce                        | Canadian Imperial Bank of Commerce                        | CUSIP: 13607PNF7<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |  13600000 | PA      | $13678852.80  | 0.25%             | 2085-01-28      | Variable      | 6.95%                 | No            |                  2 | On Loan: No      |
| Duke Energy Corp                                          | Duke Energy Corp                                          | CUSIP: 26441CCG8<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |  14900000 | PA      | $15427042.80  | 0.29%             | 2054-09-01      | Variable      | 6.45%                 | No            |                  2 | On Loan: No      |
| Dominion Energy Inc                                       | Dominion Energy Inc                                       | CUSIP: 25746UDU0<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |  22400000 | PA      | $23973376.00  | 0.44%             | 2054-06-01      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| Huntington Bancshares Inc/OH                              | Huntington Bancshares Inc/OH                              | CUSIP: 446150781<br>LEI: 549300XTVCVV9I7B5T19 | Long             | EP               | CORP              | US        |     19328 | NS      | $434106.88    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Digital Realty Trust Inc                                  | Digital Realty Trust Inc                                  | CUSIP: 253868855<br>LEI: 549300HKCZ31D08NEI41 | Long             | EP               | CORP              | US        |     16600 | NS      | $366694.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| American Financial Group Inc/OH                           | American Financial Group Inc/OH                           | CUSIP: 025932872<br>LEI: 549300AFOM7IVKIU1G39 | Long             | EP               | CORP              | US        |    126716 | NS      | $2716791.04   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Allstate Corp/The                                         | Allstate Corp/The                                         | CUSIP: 020002838<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EP               | CORP              | US        |     47311 | NS      | $1033745.35   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Barclays PLC                                              | Barclays PLC                                              | CUSIP: 06738EBX2<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |   3600000 | PA      | $3787560.00   | 0.07%             | N/A             | Variable      | 8.00%                 | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                            | BNP Paribas SA                                            | CUSIP: 05565AM34<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |  55000000 | PA      | $57762540.00  | 1.07%             | N/A             | Variable      | 7.75%                 | No            |                  2 | On Loan: No      |
| Bank of New York Mellon Corp/The                          | Bank of New York Mellon Corp/The                          | CUSIP: 064058AF7<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |   4050000 | PA      | $4024947.92   | 0.07%             | N/A             | Variable      | 4.63%                 | No            |                  2 | On Loan: No      |
| Southern Co/The                                           | Southern Co/The                                           | CUSIP: 842587404<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EP               | CORP              | US        |    552715 | NS      | $12601902.00  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Nippon Life Insurance Co                                  | Nippon Life Insurance Co                                  | CUSIP: 654579AE1<br>LEI: 549300Y0HHMFW3EVWY08 | Long             | DBT              | CORP              | JP        |   5000000 | PA      | $4986697.50   | 0.09%             | 2046-01-20      | Variable      | 4.70%                 | No            |                  2 | On Loan: No      |
| Prudential Financial Inc                                  | Prudential Financial Inc                                  | CUSIP: 744320BP6<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |   8285000 | PA      | $8708032.10   | 0.16%             | 2054-03-15      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| Voya Financial Inc                                        | Voya Financial Inc                                        | CUSIP: 929089AF7<br>LEI: 549300T065Z4KJ686G75 | Long             | DBT              | CORP              | US        |  15655000 | PA      | $15191896.92  | 0.28%             | 2048-01-23      | Variable      | 4.70%                 | No            |                  2 | On Loan: No      |
| Public Storage                                            | Public Storage                                            | CUSIP: 74460W537<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EP               | CORP              | US        |    567023 | NS      | $9503305.48   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of New York Mellon Corp/The                          | Bank of New York Mellon Corp/The                          | CUSIP: 064058845<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EP               | CORP              | US        |    868500 | NS      | $22476780.00  | 0.42%             |  |  |  | No            |                  1 | On Loan: —       |
| HSBC Holdings PLC                                         | HSBC Holdings PLC                                         | CUSIP: 404280EJ4<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   6000000 | PA      | $6202644.00   | 0.11%             | N/A             | Variable      | 6.95%                 | No            |                  2 | On Loan: —       |
| Capital One Financial Corp                                | Capital One Financial Corp                                | CUSIP: 14040H824<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EP               | CORP              | US        |    252621 | NS      | $4981686.12   | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| Banco Santander SA                                        | Banco Santander SA                                        | CUSIP: 05971KAH2<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |  47000000 | PA      | $45923408.60  | 0.85%             | N/A             | Variable      | 4.75%                 | No            |                  2 | On Loan: No      |
| Reinsurance Group of America Inc                          | Reinsurance Group of America Inc                          | CUSIP: 759351AT6<br>LEI: LORM1GNEU1DKEW527V90 | Long             | DBT              | CORP              | US        |   7100000 | PA      | $7232131.00   | 0.13%             | 2055-09-15      | Variable      | 6.65%                 | No            |                  2 | On Loan: No      |
| CoBank ACB                                                | CoBank ACB                                                | CUSIP: 19075QAD4<br>LEI: P0J8I7M2E0A77CKF1705 | Long             | DBT              | USGSE             | US        |   1000000 | PA      | $965426.70    | 0.02%             | N/A             | Variable      | 4.25%                 | No            |                  2 | On Loan: No      |
| Citigroup Capital III                                     | Citigroup Capital III                                     | CUSIP: 17305HAA6<br>LEI: 549300XM9G8HLD2LDU04 | Long             | DBT              | CORP              | US        |   3300000 | PA      | $3666528.69   | 0.07%             | 2036-12-01      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| Societe Generale SA                                       | Societe Generale SA                                       | CUSIP: 83371GAA9<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |  30100000 | PA      | $33127277.40  | 0.61%             | N/A             | Variable      | 10.00%                | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                            | BNP Paribas SA                                            | CUSIP: 05602XQQ4<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |   2500000 | PA      | $2551404.53   | 0.05%             | N/A             | Variable      | 7.45%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings Inc                       | NextEra Energy Capital Holdings Inc                       | CUSIP: 65339KCB4<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2891001.60   | 0.05%             | 2082-03-15      | Variable      | 3.80%                 | No            |                  2 | On Loan: No      |
| Public Storage                                            | Public Storage                                            | CUSIP: 74460W511<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EP               | CORP              | US        |    117394 | NS      | $1836042.16   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Dominion Energy Inc                                       | Dominion Energy Inc                                       | CUSIP: 25746UDV8<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |  27600000 | PA      | $28273771.20  | 0.52%             | 2055-05-15      | Variable      | 6.63%                 | No            |                  2 | On Loan: No      |
| US Bancorp                                                | US Bancorp                                                | CUSIP: 902973718<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EP               | CORP              | US        |     54816 | NS      | $913234.56    | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| KeyCorp                                                   | KeyCorp                                                   | CUSIP: 493267AK4<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | DBT              | CORP              | US        |  18852000 | PA      | $18636065.42  | 0.34%             | N/A             | Variable      | 5.00%                 | No            |                  2 | On Loan: —       |
| BNP Paribas SA                                            | BNP Paribas SA                                            | CUSIP: 05602XDJ4<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |  20000000 | PA      | $21234680.00  | 0.39%             | N/A             | Variable      | 8.00%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co                                          | Wells Fargo & Co                                          | CUSIP: 949746804<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EP               | CORP              | US        |      2374 | NS      | $2884410.00   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy Capital Holdings Inc                       | NextEra Energy Capital Holdings Inc                       | CUSIP: 65339K837<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | EP               | CORP              | US        |    304235 | NS      | $7669764.35   | 0.14%             |  |  |  | No            |                  1 | On Loan: —       |
| Citizens Financial Group Inc                              | Citizens Financial Group Inc                              | CUSIP: 174610808<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | EP               | CORP              | US        |    475700 | NS      | $11997154.00  | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| M&T Bank Corp                                             | M&T Bank Corp                                             | CUSIP: 55261FAN4<br>LEI: 549300WYXDDBYRASEG81 | Long             | DBT              | CORP              | US        |  37118000 | PA      | $35878518.63  | 0.66%             | N/A             | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| M&T Bank Corp                                             | M&T Bank Corp                                             | CUSIP: 55261F872<br>LEI: 549300WYXDDBYRASEG81 | Long             | EP               | CORP              | US        |     29503 | NS      | $730199.25    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc                                             | Citigroup Inc                                             | CUSIP: 172967MV0<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |  52000000 | PA      | $51393264.00  | 0.95%             | N/A             | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| Nippon Life Insurance Co                                  | Nippon Life Insurance Co                                  | CUSIP: 654579AN1<br>LEI: 549300Y0HHMFW3EVWY08 | Long             | DBT              | CORP              | JP        |  18300000 | PA      | $18953020.13  | 0.35%             | 2054-04-16      | Variable      | 5.95%                 | No            |                  2 | On Loan: No      |
| NatWest Group PLC                                         | NatWest Group PLC                                         | CUSIP: 639057AT5<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |   6800000 | PA      | $7077052.40   | 0.13%             | N/A             | Variable      | 7.30%                 | No            |                  2 | On Loan: No      |
| USB Realty Corp                                           | USB Realty Corp                                           | CUSIP: 903312AA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1204825.05   | 0.02%             | N/A             | Variable      | 5.73%                 | No            |                  2 | On Loan: No      |
| Vodafone Group PLC                                        | Vodafone Group PLC                                        | CUSIP: 92857WBX7<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |   4600000 | PA      | $3567123.27   | 0.07%             | 2081-06-04      | Variable      | 5.13%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                                              | UBS Group AG                                              | CUSIP: 902613BF4<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |  17000000 | PA      | $18630963.00  | 0.34%             | N/A             | Variable      | 9.25%                 | No            |                  2 | On Loan: No      |
| Enterprise Products Operating LLC                         | Enterprise Products Operating LLC                         | CUSIP: 29379VBN2<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |  27400000 | PA      | $27112034.22  | 0.50%             | 2077-08-16      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group Inc/The                               | Goldman Sachs Group Inc/The                               | CUSIP: 38141GC28<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |  13700000 | PA      | $14109260.10  | 0.26%             | N/A             | Variable      | 6.85%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group Inc/The                               | Goldman Sachs Group Inc/The                               | CUSIP: 38144G804<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EP               | CORP              | US        |     31810 | NS      | $676916.80    | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Public Storage                                            | Public Storage                                            | CUSIP: 74460W487<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EP               | CORP              | US        |    109893 | NS      | $1737408.33   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Lloyds Banking Group PLC                                  | Lloyds Banking Group PLC                                  | CUSIP: 53944YBB8<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |  15000000 | PA      | $15012345.90  | 0.28%             | N/A             | Variable      | 6.75%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co                                          | Wells Fargo & Co                                          | CUSIP: 94988U128<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EP               | CORP              | US        |     59138 | NS      | $1133084.08   | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| W R Berkley Corp                                          | W R Berkley Corp                                          | CUSIP: 084423870<br>LEI: SQOAGCLKBDWNVYV1OV80 | Long             | EP               | CORP              | US        |    117926 | NS      | $2084931.68   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                                            | Morgan Stanley                                            | CUSIP: 61762V606<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EP               | CORP              | US        |    629481 | NS      | $15409694.88  | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Enbridge Inc                                              | Enbridge Inc                                              | CUSIP: 29250NAN5<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |  28981000 | PA      | $29060176.09  | 0.54%             | 2077-01-15      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                      | Bank of America Corp                                      | CUSIP: 06055H400<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EP               | CORP              | US        |    293847 | NS      | $5392092.45   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| CoBank ACB                                                | CoBank ACB                                                | CUSIP: 19075QAF9<br>LEI: P0J8I7M2E0A77CKF1705 | Long             | DBT              | USGSE             | US        |  20000000 | PA      | $20547820.00  | 0.38%             | N/A             | Variable      | 7.25%                 | No            |                  2 | On Loan: No      |
| KeyCorp                                                   | KeyCorp                                                   | CUSIP: 493267876<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | EP               | CORP              | US        |     57334 | NS      | $1279121.54   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Sumitomo Life Insurance Co                                | Sumitomo Life Insurance Co                                | CUSIP: 86564CAB6<br>LEI: 549300I5OQCDADQSPI57 | Long             | DBT              | CORP              | JP        |   4700000 | PA      | $4627397.69   | 0.09%             | 2077-09-14      | Variable      | 4.00%                 | No            |                  2 | On Loan: —       |
| Goldman Sachs Group Inc/The                               | Goldman Sachs Group Inc/The                               | CUSIP: 38144GAG6<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |  23598000 | PA      | $23006249.47  | 0.43%             | N/A             | Variable      | 3.65%                 | No            |                  2 | On Loan: —       |
| Macquarie Bank Ltd/London                                 | Macquarie Bank Ltd/London                                 | CUSIP: Q568A9SP3<br>LEI: 549300MPRNPO6FWNKN78 | Long             | DBT              | CORP              | AU        |   5000000 | PA      | $5050040.00   | 0.09%             | N/A             | Variable      | 6.13%                 | No            |                  2 | On Loan: No      |
| Credit Agricole SA                                        | Credit Agricole SA                                        | CUSIP: 225313AJ4<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |  63768000 | PA      | $64232202.34  | 1.19%             | N/A             | Variable      | 8.13%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                      | Bank of America Corp                                      | CUSIP: 06055HAH6<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |  36600000 | PA      | $37679992.80  | 0.70%             | N/A             | Variable      | 6.63%                 | No            |                  2 | On Loan: No      |
| Corebridge Financial Inc                                  | Corebridge Financial Inc                                  | CUSIP: 21871X208<br>LEI: 549300XY1661QCIA7J65 | Long             | EP               | CORP              | US        |     34735 | NS      | $833640.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Capital One Financial Corp                                | Capital One Financial Corp                                | CUSIP: 14040H733<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EP               | CORP              | US        |    103648 | NS      | $1774453.76   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Exelon Corp                                               | Exelon Corp                                               | CUSIP: 30161NBQ3<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1446079.10   | 0.03%             | 2055-03-15      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| Citizens Financial Group Inc                              | Citizens Financial Group Inc                              | CUSIP: 174610402<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | EP               | CORP              | US        |     15373 | NS      | $307613.73    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Stifel Financial Corp                                     | Stifel Financial Corp                                     | CUSIP: 860630870<br>LEI: 549300E5F07FE5GHJX84 | Long             | EP               | CORP              | US        |      5715 | NS      | $139045.95    | 0.00%             |  |  |  | No            |                  1 | On Loan: —       |
| HSBC Holdings PLC                                         | HSBC Holdings PLC                                         | CUSIP: 404280EH8<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   5000000 | PA      | $5156690.00   | 0.10%             | N/A             | Variable      | 6.88%                 | No            |                  2 | On Loan: —       |
| CoBank ACB                                                | CoBank ACB                                                | CUSIP: 19075QAC6<br>LEI: P0J8I7M2E0A77CKF1705 | Long             | DBT              | USGSE             | US        |  16400000 | PA      | $16406724.00  | 0.30%             | N/A             | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| US Bancorp                                                | US Bancorp                                                | CUSIP: 902973759<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EP               | CORP              | US        |    117583 | NS      | $2802002.89   | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| First Horizon Corp                                        | First Horizon Corp                                        | CUSIP: 320517402<br>LEI: TF3RXI1ZB1TQ30H9JV10 | Long             | EP               | CORP              | US        |      4374 | NS      | $107906.58    | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CoBank ACB                                                | CoBank ACB                                                | CUSIP: 19075QAE2<br>LEI: P0J8I7M2E0A77CKF1705 | Long             | DBT              | USGSE             | US        |  11400000 | PA      | $11536480.80  | 0.21%             | N/A             | Variable      | 6.45%                 | No            |                  2 | On Loan: No      |
| American Electric Power Co Inc                            | American Electric Power Co Inc                            | CUSIP: 025537AZ4<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |  18600000 | PA      | $19387914.60  | 0.36%             | 2054-12-15      | Variable      | 7.05%                 | No            |                  2 | On Loan: No      |
| Allstate Corp/The                                         | Allstate Corp/The                                         | CUSIP: 020002309<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EP               | CORP              | US        |    215493 | NS      | $5570494.05   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| UBS Group AG                                              | UBS Group AG                                              | CUSIP: 902613BN7<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |  17000000 | PA      | $17377213.00  | 0.32%             | N/A             | Variable      | 6.85%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co                                          | Wells Fargo & Co                                          | CUSIP: 95002Y202<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EP               | CORP              | US        |     33835 | NS      | $604293.10    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Capital One Financial Corp                                | Capital One Financial Corp                                | CUSIP: 14040HCF0<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |  49940000 | PA      | $48937069.96  | 0.90%             | N/A             | Variable      | 3.95%                 | No            |                  2 | On Loan: —       |
| CMS Energy Corp                                           | CMS Energy Corp                                           | CUSIP: 125896852<br>LEI: 549300IA9XFBAGNIBW29 | Long             | EP               | CORP              | US        |    250450 | NS      | $5945683.00   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Storage                                            | Public Storage                                            | CUSIP: 74460W552<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EP               | CORP              | US        |    420706 | NS      | $7854581.02   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| ING Groep NV                                              | ING Groep NV                                              | CUSIP: 456837AZ6<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |  14385000 | PA      | $12570340.88  | 0.23%             | N/A             | Variable      | 4.25%                 | No            |                  2 | On Loan: No      |
| W R Berkley Corp                                          | W R Berkley Corp                                          | CUSIP: 084423805<br>LEI: SQOAGCLKBDWNVYV1OV80 | Long             | EP               | CORP              | US        |    150258 | NS      | $3068268.36   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| US Bancorp                                                | US Bancorp                                                | CUSIP: 902973155<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EP               | CORP              | US        |    116001 | NS      | $2350180.26   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Farm Credit Bank of Texas                                 | Farm Credit Bank of Texas                                 | CUSIP: 30767EAE9<br>LEI: V1EBJIOLRNYDHDF63Z33 | Long             | DBT              | USGSE             | US        |   6000000 | PA      | $6246888.00   | 0.12%             | N/A             | Variable      | 7.75%                 | No            |                  2 | On Loan: No      |
| BP Capital Markets PLC                                    | BP Capital Markets PLC                                    | CUSIP: 05565QDX3<br>LEI: 549300CRVT18MXX0AG93 | Long             | DBT              | CORP              | GB        |  23700000 | PA      | $24163050.60  | 0.45%             | N/A             | Variable      | 6.13%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group Inc/The                               | Goldman Sachs Group Inc/The                               | CUSIP: 38141GYU2<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   5300000 | PA      | $5149867.43   | 0.10%             | N/A             | Variable      | 4.13%                 | No            |                  2 | On Loan: No      |
| Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen | Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen | CUSIP: N/A<br>LEI: 529900MUF4C20K50JS49       | Long             | DBT              | CORP              | DE        |   1800000 | PA      | $1860782.09   | 0.03%             | 2042-05-23      | Variable      | 5.88%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                       | JPMorgan Chase & Co                                       | CUSIP: 48128BAQ4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |  44000000 | PA      | $46234144.00  | 0.85%             | N/A             | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| Nordea Bank Abp                                           | Nordea Bank Abp                                           | CUSIP: 65558RAK5<br>LEI: 529900ODI3047E2LIV03 | Long             | DBT              | CORP              | FI        |  43100000 | PA      | $43095069.36  | 0.80%             | N/A             | Variable      | 6.30%                 | No            |                  2 | On Loan: No      |
| Corebridge Financial Inc                                  | Corebridge Financial Inc                                  | CUSIP: 21871XAP4<br>LEI: 549300XY1661QCIA7J65 | Long             | DBT              | CORP              | US        |  36290000 | PA      | $37529311.12  | 0.69%             | 2052-12-15      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                            | BNP Paribas SA                                            | CUSIP: 05565ALQ4<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |   5000000 | PA      | $4482212.00   | 0.08%             | N/A             | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| Electricite de France SA                                  | Electricite de France SA                                  | CUSIP: F2941JAA8<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |    800000 | PA      | $922013.60    | 0.02%             | N/A             | Variable      | 9.13%                 | No            |                  2 | On Loan: No      |
| Nordea Bank Abp                                           | Nordea Bank Abp                                           | CUSIP: 65559CAA9<br>LEI: 529900ODI3047E2LIV03 | Long             | DBT              | CORP              | FI        |  43562000 | PA      | $43812699.31  | 0.81%             | N/A             | Variable      | 6.63%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                  | AT&T Inc                                                  | CUSIP: 00206R706<br>LEI: 549300Z40J86GGSTL398 | Long             | EP               | CORP              | US        |   1678335 | NS      | $32928932.70  | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles Schwab Corp/The                                   | Charles Schwab Corp/The                                   | CUSIP: 808513BJ3<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |     40000 | PA      | $36572.99     | 0.00%             | N/A             | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Sempra                                                    | Sempra                                                    | CUSIP: 816851BU2<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |   7700000 | PA      | $7721352.10   | 0.14%             | 2055-04-01      | Variable      | 6.63%                 | No            |                  2 | On Loan: No      |
| Webster Financial Corp                                    | Webster Financial Corp                                    | CUSIP: 947890703<br>LEI: KMRURHT0VWKYS6Z5KU67 | Long             | EP               | CORP              | US        |     37427 | NS      | $919207.12    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Assurant Inc                                              | Assurant Inc                                              | CUSIP: 04621X306<br>LEI: H3F39CAXWQRVWURFXL38 | Long             | EP               | CORP              | US        |     39469 | NS      | $805562.29    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Storage                                            | Public Storage                                            | CUSIP: 74460W446<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EP               | CORP              | US        |     77361 | NS      | $1244738.49   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co                                          | Wells Fargo & Co                                          | CUSIP: 95002YAC7<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |  57985000 | PA      | $60745491.90  | 1.12%             | N/A             | Variable      | 6.85%                 | No            |                  2 | On Loan: No      |
| RenaissanceRe Holdings Ltd                                | RenaissanceRe Holdings Ltd                                | CUSIP: G7498P127<br>LEI: EK6GB9U3U58PDI411C94 | Long             | EP               | CORP              | BM        |    235914 | NS      | $3861912.18   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| BNP Paribas SA                                            | BNP Paribas SA                                            | CUSIP: 05565ASK0<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |   4100000 | PA      | $3661882.24   | 0.07%             | N/A             | Variable      | 4.63%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                       | JPMorgan Chase & Co                                       | CUSIP: 48128B655<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EP               | CORP              | US        |     10841 | NS      | $271350.23    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Storage                                            | Public Storage                                            | CUSIP: 74460W420<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EP               | CORP              | US        |    471069 | NS      | $7598342.97   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Standard Chartered PLC                                    | Standard Chartered PLC                                    | CUSIP: N/A<br>LEI: U4LOSYZ7YG4W3S5F2G91       | Long             | DBT              | CORP              | GB        |  10000000 | PA      | $9225158.00   | 0.17%             | N/A             | Variable      | 4.75%                 | No            |                  2 | On Loan: —       |
| Nordea Bank Abp                                           | Nordea Bank Abp                                           | CUSIP: 65559D2A6<br>LEI: 529900ODI3047E2LIV03 | Long             | DBT              | CORP              | FI        |   8400000 | PA      | $8448342.00   | 0.16%             | N/A             | Variable      | 6.63%                 | No            |                  2 | On Loan: No      |
| Banco Santander SA                                        | Banco Santander SA                                        | CUSIP: 05971KAQ2<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |  20000000 | PA      | $23575480.00  | 0.44%             | N/A             | Variable      | 9.63%                 | No            |                  2 | On Loan: No      |
| Wintrust Financial Corp                                   | Wintrust Financial Corp                                   | CUSIP: 97650W702<br>LEI: Q774KI4AW80FHFW33O61 | Long             | EP               | CORP              | US        |    467120 | NS      | $12336639.20  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-29

**Name of Applicant:** Principal Funds, Inc

**Signature:** Megan Hoffmann

**Name of Signer:** /s/ Megan Hoffmann

**Title:** Vice President and Controller