# EDGAR Filing Document

**Accession Number:** 0001627853
**File Stem:** 0001752724-23-016957
**Filing Date:** 2023-1
**Character Count:** 693405
**Document Hash:** d156c744f7865bf7151ef85fce9dcf90
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-016957.hdr.sgml**: 20230127

**ACCESSION NUMBER**: 0001752724-23-016957

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221130

**FILED AS OF DATE**: 20230127

**DATE AS OF CHANGE**: 20230127

**PERIOD START**: 20230228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SEI Catholic Values Trust
- **CENTRAL INDEX KEY:** 0001627853
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0228

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23015
- **FILM NUMBER:** 23564431

**BUSINESS ADDRESS:**
- **STREET 1:** ONE FREEDOM VALLEY DRIVE
- **CITY:** OAKS
- **STATE:** PA
- **ZIP:** 19456
- **BUSINESS PHONE:** 610-676-1000

**MAIL ADDRESS:**
- **STREET 1:** ONE FREEDOM VALLEY DRIVE
- **CITY:** OAKS
- **STATE:** PA
- **ZIP:** 19456

## Series and Classes Contracts Data

### Catholic Values Fixed Income Fund (Series ID: S000048321)

| Class ID   | Class Name                                                                        | Ticker Symbol   |
|:---|:---|:---|
| C000152592 | Catholic Values Fixed Income Fund Class F, effective 1-31-2017 (formerly Class A) | CFVAX           |
| C000152593 | Catholic Values Fixed Income Fund Class Y                                         | CFVYX           |

## Nport-Ex

**SCHEDULE OF INVESTMENTS (Unaudited)** 

November 30, 2022

**Catholic Values Fixed Income Fund** 

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES — 34.0%** | **MORTGAGE-BACKED SECURITIES — 34.0%** | **MORTGAGE-BACKED SECURITIES — 34.0%** |
| **Agency Mortgage-Backed Obligations — 26.5%** | **Agency Mortgage-Backed Obligations — 26.5%** |  |
| &nbsp;&nbsp;&nbsp;FHLMC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 03/01/2035 to 07/01/2040  | $311 | $325 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 04/01/2030 | 82 | 83 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/01/2041 to 07/01/2052  | 348 | 350 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 06/01/2038 to 09/01/2050  | 524 | 521 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 07/01/2037 to 06/01/2052  | 675 | 654 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 04/01/2033 to 04/01/2052  | 1474 | 1386 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 09/01/2036 to 09/01/2050  | 2413 | 2183 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.500%, 01/01/2050 to 05/01/2052  | 4089 | 3544 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.000%, 09/01/2041 to 11/01/2051  | 1959 | 1633 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.500%, 10/01/2041 to 11/01/2041  | 165 | 135 |
| &nbsp;&nbsp;&nbsp;FHLMC ARM |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.171%, ICE LIBOR USD 12 Month + 1.598%, 06/01/2047(A) | 125 | 124 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.152%, ICE LIBOR USD 12 Month + 1.626%, 10/01/2046(A) | 247 | 247 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.089%, ICE LIBOR USD 12 Month + 1.622%, 02/01/2050(A) | 75 | 72 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.008%, ICE LIBOR USD 12 Month + 1.628%, 11/01/2048(A) | 55 | 52 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.878%, ICE LIBOR USD 12 Month + 1.620%, 11/01/2047(A) | 61 | 59 |
| &nbsp;&nbsp;&nbsp;FHLMC CMO, Ser 2014-328, Cl S4, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 02/15/2038(A)(B) | 23 | 1 |
| &nbsp;&nbsp;&nbsp;FHLMC CMO, Ser 2014-4415, Cl IO, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 04/15/2041(A)(B) | 102 | 4 |
| &nbsp;&nbsp;&nbsp;FHLMC CMO, Ser 2015-4494, Cl AI, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 11/15/2038(A)(B) | 101 | 4 |
| &nbsp;&nbsp;&nbsp;FHLMC CMO, Ser 2018-4813, Cl CJ |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 08/15/2048 | 15 | 13 |
| &nbsp;&nbsp;&nbsp;FHLMC CMO, Ser 2020-5010, Cl JI, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.500%, 09/25/2050 | 83 | 13 |
| &nbsp;&nbsp;&nbsp;FHLMC CMO, Ser 2020-5018, Cl MI, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.000%, 10/25/2050 | 87 | 12 |
| &nbsp;&nbsp;&nbsp;FHLMC CMO, Ser 2021-5071, Cl IH, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.500%, 02/25/2051 | 89 | 12 |
| &nbsp;&nbsp;&nbsp;FHLMC CMO, Ser 2022-5224, Cl HL |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 04/25/2052 | 200 | 183 |
| &nbsp;&nbsp;&nbsp;FHLMC CMO, Ser 2022-5230, Cl PE |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.000%, 12/25/2051 | 100 | 79 |
| &nbsp;&nbsp;&nbsp;FHLMC Multifamily Structured Pass Through Certificates, Ser K140, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.250%, 01/25/2032 | 514 | 432 |
| &nbsp;&nbsp;&nbsp;FHLMC Multifamily Structured Pass-Through Certificates, Ser 1517, Cl X1, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.436%, 07/25/2035(A) | 235 | 25 |
| &nbsp;&nbsp;&nbsp;FHLMC Multifamily Structured Pass-Through Certificates, Ser 1519, Cl X1, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.696%, 12/25/2035(A) | 2074 | 104 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp;FHLMC STACR Remic Trust, Ser 2020-DNA1, Cl B1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.316%, ICE LIBOR USD 1 Month + 2.300%, 01/25/2050(A)(C) | $180 | $172 |
| &nbsp;&nbsp;&nbsp;FHLMC STACR Remic Trust, Ser 2020-DNA1, Cl M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.716%, ICE LIBOR USD 1 Month + 1.700%, 01/25/2050(A)(C) | 48 | 48 |
| &nbsp;&nbsp;&nbsp;FNMA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.720%, 01/01/2024 | 100 | 102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 07/01/2033 to 01/01/2059  | 1713 | 1703 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 01/01/2037 to 06/01/2057  | 2850 | 2748 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 12/01/2034 to 05/01/2052  | 2699 | 2513 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.450%, 03/01/2029 | 19 | 18 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.250%, 05/01/2029 | 20 | 18 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.160%, 05/01/2029 | 19 | 18 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 11/01/2034 to 03/01/2052  | 4740 | 4331 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.930%, 06/01/2030 | 38 | 35 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.810%, 04/01/2025 | 40 | 38 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.500%, 08/01/2035 to 07/01/2061  | 5906 | 5144 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.149%, 02/01/2032(A) | 80 | 66 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.000%, 03/01/2041 to 03/01/2052  | 3092 | 2569 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.500%, 03/01/2051 | 88 | 69 |
| &nbsp;&nbsp;&nbsp;FNMA ARM |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.760%, ICE LIBOR USD 12 Month + 1.590%, 04/01/2047(A) | 145 | 144 |
| &nbsp;&nbsp;&nbsp;FNMA CMO, Ser 2015-55, Cl IO, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 08/25/2055(A)(B) | 94 | 3 |
| &nbsp;&nbsp;&nbsp;FNMA CMO, Ser 2015-56, Cl AS, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.134%, 08/25/2045(A) | 128 | 15 |
| &nbsp;&nbsp;&nbsp;FNMA CMO, Ser 2020-56, Cl AQ |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.000%, 08/25/2050 | 200 | 159 |
| &nbsp;&nbsp;&nbsp;FNMA CMO, Ser 2020-96, Cl IN, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 01/25/2051 | 167 | 27 |
| &nbsp;&nbsp;&nbsp;FNMA CMO, Ser 2020-97, Cl AI, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.000%, 01/25/2051 | 181 | 23 |
| &nbsp;&nbsp;&nbsp;FNMA or FHLMC TBA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 02/01/2036 | 100 | 102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 01/01/2038 to 02/01/2038  | 200 | 202 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 02/01/2038 | 300 | 298 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 02/01/2034 | 300 | 292 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 02/13/2047 | 100 | 95 |
| &nbsp;&nbsp;&nbsp;FNMA TBA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 01/15/2053 | 700 | 641 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 01/15/2043 to 12/13/2171  | 700 | 620 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.500%, 12/01/2042 to 01/15/2053  | 1800 | 1542 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.000%, 12/15/2052 to 01/15/2053  | 1500 | 1236 |
| &nbsp;&nbsp;&nbsp;FRESB Mortgage Trust, Ser 2019-SB63, Cl A5H |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.550%, 02/25/2039(A) | 196 | 189 |
| &nbsp;&nbsp;&nbsp;GNMA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 01/15/2042 to 02/20/2050  | 749 | 751 |

---

------

SEI Catholic Values Trust / Quarterly Report / November 30, 2022

**SCHEDULE OF INVESTMENTS (Unaudited)** 

November 30, 2022

**Catholic Values Fixed Income Fund** 

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 08/15/2045 to 04/20/2050  | $339 | $330 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 04/20/2046 to 02/20/2052  | 449 | 423 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 09/15/2042 to 04/20/2052  | 615 | 559 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.500%, 03/20/2051 to 09/20/2051  | 219 | 192 |
| &nbsp;&nbsp;&nbsp;GNMA CMO, Ser 2007-51, Cl SG, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.641%, 08/20/2037(A) | 7 |  |
| &nbsp;&nbsp;&nbsp;GNMA CMO, Ser 2012-34, Cl SA, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.111%, 03/20/2042(A) | 73 | 8 |
| &nbsp;&nbsp;&nbsp;GNMA CMO, Ser 2012-43, Cl SN, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.713%, 04/16/2042(A) | 59 | 8 |
| &nbsp;&nbsp;&nbsp;GNMA CMO, Ser 2012-H27, Cl AI, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.633%, 10/20/2062(A) | 39 | 1 |
| &nbsp;&nbsp;&nbsp;GNMA CMO, Ser 2014-118, Cl HS, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.261%, 08/20/2044(A) | 121 | 13 |
| &nbsp;&nbsp;&nbsp;GNMA CMO, Ser 2020-123, Cl NI, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.500%, 08/20/2050 | 81 | 11 |
| &nbsp;&nbsp;&nbsp;GNMA CMO, Ser 2020-160, Cl YI, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.500%, 10/20/2050 | 84 | 11 |
| &nbsp;&nbsp;&nbsp;GNMA CMO, Ser 2020-175, Cl GI, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.000%, 11/20/2050 | 80 | 8 |
| &nbsp;&nbsp;&nbsp;GNMA CMO, Ser 2020-H09, Cl FL |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.886%, ICE LIBOR USD 1 Month + 1.150%, 05/20/2070(A) | 64 | 63 |
| &nbsp;&nbsp;&nbsp;GNMA CMO, Ser 2021-176, Cl IN, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.500%, 10/20/2051 | 276 | 37 |
| &nbsp;&nbsp;&nbsp;GNMA CMO, Ser 2021-57, Cl BI, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 03/20/2051 | 387 | 56 |
| &nbsp;&nbsp;&nbsp;GNMA CMO, Ser 2021-96, Cl VI, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.500%, 06/20/2051 | 278 | 38 |
| &nbsp;&nbsp;&nbsp;GNMA CMO, Ser 2022-139, Cl AL |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 07/20/2051 | 100 | 94 |
| &nbsp;&nbsp;&nbsp;GNMA CMO, Ser 2022-189, Cl PT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.500%, 10/20/2051 | 100 | 85 |
| &nbsp;&nbsp;&nbsp;GNMA CMO, Ser 2022-63, Cl LM |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 10/20/2050 | 100 | 86 |
| &nbsp;&nbsp;&nbsp;GNMA TBA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 03/01/2037 | 200 | 204 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 02/20/2039 | 400 | 404 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 02/01/2040 | 400 | 400 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 01/15/2040 | 300 | 294 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 01/01/2040 to 02/15/2045  | 400 | 382 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 01/15/2041 | 500 | 464 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 01/15/2043 to 12/15/2052  | 700 | 632 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.500%, 01/15/2053 | 1200 | 1055 |
| &nbsp;&nbsp;&nbsp;GNMA, Ser 103, Cl AD |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.450%, 01/16/2063 | 119 | 96 |
| &nbsp;&nbsp;&nbsp;GNMA, Ser 113, Cl Z |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.000%, 09/16/2061 | 603 | 411 |
| &nbsp;&nbsp;&nbsp;GNMA, Ser 2018-130, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.250%, 05/16/2059 |  |  |
| &nbsp;&nbsp;&nbsp;GNMA, Ser 2020-178, Cl IO, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.422%, 10/16/2060(A) | 1143 | 115 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp;GNMA, Ser 3, Cl IO, IO |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.640%, 02/16/2061(A) | $| 295 | $17 |
|  |  |  | 44678 |
| **Non-Agency Mortgage-Backed Obligations — 7.5%** | **Non-Agency Mortgage-Backed Obligations — 7.5%** | **Non-Agency Mortgage-Backed Obligations — 7.5%** |  |
| &nbsp;&nbsp;&nbsp;BANK, Ser 2017-BNK8, Cl XA, IO |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.850%, 11/15/2050(A) |  | 1365 | 38 |
| &nbsp;&nbsp;&nbsp;BANK, Ser 2021-BN36, Cl A5 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.470%, 09/15/2064 |  | 206 | 168 |
| &nbsp;&nbsp;&nbsp;BANK, Ser 2021-BN38, Cl A5 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.521%, 12/15/2064 |  | 293 | 239 |
| &nbsp;&nbsp;&nbsp;BBCCRE Trust, Ser 2015-GTP, Cl D |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.715%, 08/10/2033(A)(C) |  | 140 | 121 |
| &nbsp;&nbsp;&nbsp;Bear Stearns Asset-Backed Securities I Trust, Ser 2004-AC6, Cl A1 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 11/25/2034(D) |  | 50 | 42 |
| &nbsp;&nbsp;&nbsp;Benchmark Mortgage Trust, Ser 2019-B17, Cl A2 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.211%, 03/15/2053 |  | 395 | 363 |
| &nbsp;&nbsp;&nbsp;Benchmark Mortgage Trust, Ser 2020-B22, Cl ASB |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.731%, 01/15/2054 |  | 474 | 397 |
| &nbsp;&nbsp;&nbsp;BRAVO Residential Funding Trust, Ser 2022-NQM3, Cl A1 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.108%, 07/25/2062(A)(C) |  | 183 | 179 |
| &nbsp;&nbsp;&nbsp;BX Commercial Mortgage Trust, Ser 2019-XL, Cl A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.829%, TSFR1M + 1.034%, 10/15/2036(A)(C) |  | 372 | 366 |
| &nbsp;&nbsp;&nbsp;BX Commercial Mortgage Trust, Ser VOLT, Cl A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.575%, ICE LIBOR USD 1 Month + 0.700%, 09/15/2036(A)(C) |  | 287 | 275 |
| &nbsp;&nbsp;&nbsp;BX Mortgage Trust, Ser 2022-MVRK, Cl A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.278%, TSFR1M + 1.467%, 03/15/2039(A)(C) |  | 170 | 164 |
| &nbsp;&nbsp;&nbsp;BXP Trust, Ser 2017-CQHP, Cl A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.725%, ICE LIBOR USD 1 Month + 0.850%, 11/15/2034(A)(C) |  | 190 | 182 |
| &nbsp;&nbsp;&nbsp;Chevy Chase Funding Mortgage-Backed Certificates, Ser 2004-2A, Cl B1 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.430%, 05/25/2035(A)(C) |  | 153 | 118 |
| &nbsp;&nbsp;&nbsp;Chevy Chase Funding Mortgage-Backed Certificates, Ser 2004-2A, Cl A1 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.314%, ICE LIBOR USD 1 Month + 0.270%, 05/25/2035(A)(C) |  | 45 | 42 |
| &nbsp;&nbsp;&nbsp;CIM Trust, Ser 2020-INV1, Cl A2 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.500%, 04/25/2050(A)(C) |  | 123 | 102 |
| &nbsp;&nbsp;&nbsp;COMM Mortgage Trust, Ser 2013-CR6, Cl B |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.397%, 03/10/2046(C) |  | 100 | 99 |

---

------

SEI Catholic Values Trust / Quarterly Report / November 30, 2022

**SCHEDULE OF INVESTMENTS (Unaudited)** 

November 30, 2022

**Catholic Values Fixed Income Fund** 

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp;COMM Mortgage Trust, Ser 2015-CR24, Cl AM |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.028%, 08/10/2048(A) | $90 | $85 |
| &nbsp;&nbsp;&nbsp;COMM Mortgage Trust, Ser 2015-CR26, Cl A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.630%, 10/10/2048 | 417 | 395 |
| &nbsp;&nbsp;&nbsp;Credit Suisse Mortgage Capital Certificates, Ser 2019-ICE4, Cl F |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.525%, ICE LIBOR USD 1 Month + 2.650%, 05/15/2036(A)(C) | 190 | 182 |
| &nbsp;&nbsp;&nbsp;CSAIL Commercial Mortgage Trust, Ser 2015-C2, Cl AS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.849%, 06/15/2057(A) | 210 | 196 |
| &nbsp;&nbsp;&nbsp;CSMC Trust, Ser 2017-TIME, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.646%, 11/13/2039(C) | 100 | 85 |
| &nbsp;&nbsp;&nbsp;CSMC Trust, Ser 2018-J1, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 02/25/2048(A)(C) | 138 | 120 |
| &nbsp;&nbsp;&nbsp;CSMC Trust, Ser 2020-FACT, Cl F |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.032%, ICE LIBOR USD 1 Month + 6.157%, 10/15/2037(A)(C) | 250 | 211 |
| &nbsp;&nbsp;&nbsp;EverBank Mortgage Loan Trust, Ser 2018-1, Cl A22 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 02/25/2048(A)(C) | 37 | 33 |
| &nbsp;&nbsp;&nbsp;Flagstar Mortgage Trust, Ser 2021-6INV, Cl A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.500%, 08/25/2051(A)(C) | 549 | 442 |
| &nbsp;&nbsp;&nbsp;Flagstar Mortgage Trust, Ser 2021-8INV, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.500%, 09/25/2051(A)(C) | 256 | 207 |
| &nbsp;&nbsp;&nbsp;FNMA Connecticut Avenue Securities, Ser 2014-C02, Cl 1M2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.616%, ICE LIBOR USD 1 Month + 2.600%, 05/25/2024(A) | 91 | 91 |
| &nbsp;&nbsp;&nbsp;GS Mortgage Securities II, Ser 2018-SRP5, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.675%, ICE LIBOR USD 1 Month + 1.550%, 09/15/2031(A)(C) | 174 | 145 |
| &nbsp;&nbsp;&nbsp;GS Mortgage Securities Trust, Ser 2018-SRP5, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.875%, ICE LIBOR USD 1 Month + 2.750%, 09/15/2031(A)(C) | 174 | 124 |
| &nbsp;&nbsp;&nbsp;GS Mortgage Securities Trust, Ser 2020-GSA2, Cl AAB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.662%, 12/12/2053 | 260 | 220 |
| &nbsp;&nbsp;&nbsp;GS Mortgage-Backed Securities Trust, Ser 2020-INV1, Cl A14 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.932%, 10/25/2050(A)(C) | 135 | 114 |
| &nbsp;&nbsp;&nbsp;ILPT Commercial Mortgage Trust, Ser 2022-LPF2, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.039%, TSFR1M + 2.245%, 10/15/2039(A)(C) | 160 | 159 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp;Impac CMB Trust, Ser 2005-4, Cl 1M1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.689%, ICE LIBOR USD 1 Month + 0.430%, 05/25/2035(A) | $23 | $21 |
| &nbsp;&nbsp;&nbsp;Impac Secured Assets Trust, Ser 2006-2, Cl 2M3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.694%, ICE LIBOR USD 1 Month + 1.650%, 08/25/2036(A) | 41 | 39 |
| &nbsp;&nbsp;&nbsp;JPMDB Commercial Mortgage Securities Trust, Ser 2017-C7, Cl XA, IO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.971%, 10/15/2050(A) | 1337 | 40 |
| &nbsp;&nbsp;&nbsp;JPMorgan Chase Commercial Mortgage Securities Trust, Ser 2018-PHH, Cl F |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.185%, ICE LIBOR USD 1 Month + 3.160%, 06/15/2035(A)(C) | 250 | 44 |
| &nbsp;&nbsp;&nbsp;JPMorgan Chase Commercial Mortgage Securities Trust, Ser 2020-MKST, Cl F |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.725%, ICE LIBOR USD 1 Month + 2.850%, 12/15/2036(A)(C) | 170 | 127 |
| &nbsp;&nbsp;&nbsp;JPMorgan Mortgage Trust, Ser 2005-S2, Cl 2A15 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 09/25/2035 | 88 | 64 |
| &nbsp;&nbsp;&nbsp;JPMorgan Mortgage Trust, Ser 2018-5, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 10/25/2048(A)(C) | 17 | 15 |
| &nbsp;&nbsp;&nbsp;JPMorgan Mortgage Trust, Ser 2020-3, Cl A3A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 08/25/2050(A)(C) | 71 | 60 |
| &nbsp;&nbsp;&nbsp;JPMorgan Mortgage Trust, Ser 2021-3, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.500%, 07/25/2051(A)(C) | 316 | 256 |
| &nbsp;&nbsp;&nbsp;KKR Industrial Portfolio Trust, Ser 2021-KDIP, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.425%, ICE LIBOR USD 1 Month + 0.550%, 12/15/2037(A)(C) | 99 | 95 |
| &nbsp;&nbsp;&nbsp;Metlife Securitization Trust, Ser 2020-INV1, Cl A2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.500%, 05/25/2050(A)(C) | 96 | 81 |
| &nbsp;&nbsp;&nbsp;Morgan Stanley Bank of America Merrill Lynch Trust, Ser 2014-C17, Cl A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.443%, 08/15/2047 | 217 | 210 |
| &nbsp;&nbsp;&nbsp;Morgan Stanley Bank of America Merrill Lynch Trust, Ser 2015-C23, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.281%, 07/15/2050(A) | 100 | 92 |
| &nbsp;&nbsp;&nbsp;Morgan Stanley Bank of America Merrill Lynch Trust, Ser 2016-C32, Cl ASB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.514%, 12/15/2049 | 234 | 224 |
| &nbsp;&nbsp;&nbsp;Morgan Stanley Capital I Trust, Ser 2007-IQ16, Cl AJ |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.282%, 12/12/2049(A) | 14 | 7 |
| &nbsp;&nbsp;&nbsp;Morgan Stanley Capital I Trust, Ser 2018-H4, Cl A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.310%, 12/15/2051 | 313 | 296 |

---

------

SEI Catholic Values Trust / Quarterly Report / November 30, 2022

**SCHEDULE OF INVESTMENTS (Unaudited)** 

November 30, 2022

**Catholic Values Fixed Income Fund** 

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp;Morgan Stanley Capital I Trust, Ser 2019-BPR, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.523%, ICE LIBOR USD 1 Month + 1.400%, 05/15/2036(A)(C) | $123 | $117 |
| &nbsp;&nbsp;&nbsp;Mortgage Repurchase Agreement Financing Trust II, Ser 2022-S1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.193%, SOFR30A + 2.000%, 03/30/2025(A)(C) | 120 | 119 |
| &nbsp;&nbsp;&nbsp;MSCG Trust, Ser 2015-ALDR, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.577%, 06/07/2035(A)(C) | 110 | 100 |
| &nbsp;&nbsp;&nbsp;Natixis Commercial Mortgage Securities Trust, Ser 2019-FAME, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.047%, 08/15/2036(C) | 110 | 102 |
| &nbsp;&nbsp;&nbsp;New Residential Mortgage Loan Trust, Ser 2017-3A, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 04/25/2057(A)(C) | 122 | 116 |
| &nbsp;&nbsp;&nbsp;New Residential Mortgage Loan Trust, Ser 2019-6A, Cl B2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 09/25/2059(A)(C) | 204 | 181 |
| &nbsp;&nbsp;&nbsp;New Residential Mortgage Loan Trust, Ser 2019-6A, Cl B1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 09/25/2059(A)(C) | 204 | 182 |
| &nbsp;&nbsp;&nbsp;New Residential Mortgage Loan Trust, Ser 2019-NQM4, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.492%, 09/25/2059(A)(C) | 43 | 39 |
| &nbsp;&nbsp;&nbsp;Nomura Asset Acceptance Alternative Loan Trust, Ser 2007-1, Cl 1A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.138%, 03/25/2047(D) | 105 | 97 |
| &nbsp;&nbsp;&nbsp;OBX Trust, Ser 2022-NQM1, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.001%, 11/25/2061(A)(C) | 120 | 90 |
| &nbsp;&nbsp;&nbsp;PRKCM Trust, Ser 2022-AFC1, Cl A1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.100%, 04/25/2057(A)(C) | 98 | 91 |
| &nbsp;&nbsp;&nbsp;Residential Mortgage Loan Trust, Ser 2019-3, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.633%, 09/25/2059(A)(C) | 12 | 12 |
| &nbsp;&nbsp;&nbsp;Seasoned Credit Risk Transfer Trust CMO, Ser 2018-1, Cl MA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 05/25/2057 | 187 | 175 |
| &nbsp;&nbsp;&nbsp;Seasoned Credit Risk Transfer Trust CMO, Ser 2022-1, Cl MAU |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.250%, 11/25/2061 | 331 | 309 |
| &nbsp;&nbsp;&nbsp;Seasoned Credit Risk Transfer Trust CMO, Ser 2022-2, Cl MA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 04/25/2062 | 257 | 235 |
| &nbsp;&nbsp;&nbsp;Seasoned Credit Risk Transfer Trust, Ser 2018-3, Cl MA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 08/25/2057(A) | 175 | 167 |
| &nbsp;&nbsp;&nbsp;Seasoned Credit Risk Transfer Trust, Ser 2018-4, Cl MA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 03/25/2058 | 242 | 230 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** | **MORTGAGE-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp;Seasoned Credit Risk Transfer Trust, Ser 2019-2, Cl MA |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 08/25/2058 | $| 289 | $| 274 |
| &nbsp;&nbsp;&nbsp;Seasoned Credit Risk Transfer Trust, Ser 2020-2, Cl MA |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.000%, 11/25/2059 |  | 148 |  | 133 |
| &nbsp;&nbsp;&nbsp;Seasoned Credit Risk Transfer Trust, Ser 2020-3, Cl MA |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.000%, 05/25/2060 |  | 133 |  | 120 |
| &nbsp;&nbsp;&nbsp;Seasoned Credit Risk Transfer Trust, Ser 2021-1, Cl MA |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.000%, 09/25/2060 |  | 202 |  | 180 |
| &nbsp;&nbsp;&nbsp;Sequoia Mortgage Trust, Ser 2021-1, Cl A1 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.500%, 03/25/2051(A)(C) |  | 330 |  | 266 |
| &nbsp;&nbsp;&nbsp;SMRT, Ser 2022-MINI, Cl D |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.745%, TSFR1M + 1.950%, 01/15/2039(A)(C) |  | 110 |  | 103 |
| &nbsp;&nbsp;&nbsp;SREIT Trust, Ser 2021-MFP2, Cl A |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.697%, ICE LIBOR USD 1 Month + 0.822%, 11/15/2036(A)(C) |  | 110 |  | 106 |
| &nbsp;&nbsp;&nbsp;UBS Commercial Mortgage Trust, Ser 2018-C13, Cl ASB |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.241%, 10/15/2051 |  | 532 |  | 511 |
| &nbsp;&nbsp;&nbsp;WaMu Mortgage Pass-Through Certificates Trust, Ser 2005-AR6, Cl 2A1A |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.504%, ICE LIBOR USD 1 Month + 0.460%, 04/25/2045(A) |  | 109 |  | 103 |
| &nbsp;&nbsp;&nbsp;Wells Fargo Commercial Mortgage Trust, Ser 2015-C28, Cl AS |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.872%, 05/15/2048(A) |  | 270 |  | 253 |
| &nbsp;&nbsp;&nbsp;Wells Fargo Commercial Mortgage Trust, Ser 2021-C59, Cl A5 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.626%, 04/15/2054 |  | 475 |  | 390 |
| &nbsp;&nbsp;&nbsp;WFRBS Commercial Mortgage Trust, Ser 2014-C24, Cl A5 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.607%, 11/15/2047 |  | 442 |  | 424 |
|  |  |  |  | 12600 |
| Total Mortgage-Backed Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $62,670) ($ Thousands) |  |  |  | 57278 |
| **CORPORATE OBLIGATIONS — 32.6%** | **CORPORATE OBLIGATIONS — 32.6%** | **CORPORATE OBLIGATIONS — 32.6%** | **CORPORATE OBLIGATIONS — 32.6%** | **CORPORATE OBLIGATIONS — 32.6%** |
| **Communication Services — 3.6%** | **Communication Services — 3.6%** | **Communication Services — 3.6%** |  |  |
| &nbsp;&nbsp;&nbsp;AT&T  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.350%, 09/01/2040  |  | 21 |  | 20 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 03/09/2048  |  | 39 |  | 33 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.416%, ICE LIBOR USD 3 Month + 1.180%, 06/12/2024 (A) |  | 462 |  | 464 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.350%, 03/01/2029  |  | 120 |  | 115 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.350%, 06/15/2045  |  | 20 |  | 17 |

---

------

SEI Catholic Values Trust / Quarterly Report / November 30, 2022

**SCHEDULE OF INVESTMENTS (Unaudited)** 

November 30, 2022

**Catholic Values Fixed Income Fund** 

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.650%, 09/15/2059  | $32 | $22 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.550%, 09/15/2055  | 10 | 7 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 06/01/2041  | 151 | 115 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 09/15/2053  | 20 | 14 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.300%, 02/01/2052  | 10 | 7 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.550%, 12/01/2033  | 399 | 313 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.300%, 06/01/2027  | 60 | 54 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.250%, 02/01/2032  | 50 | 40 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.650%, 02/01/2028  | 60 | 52 |
| &nbsp;&nbsp;&nbsp;CCO Holdings  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 02/01/2032 (C) | 100 | 84 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 05/01/2032  | 100 | 83 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 06/01/2033 (C) | 20 | 16 |
| &nbsp;&nbsp;&nbsp;Charter Communications Operating  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.484%, 10/23/2045  | 20 | 19 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.384%, 10/23/2035  | 580 | 571 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 04/01/2048  | 90 | 77 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 04/01/2063  | 30 | 24 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 04/01/2038  | 10 | 9 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 05/01/2047  | 10 | 8 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 07/01/2049  | 10 | 8 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.050%, 03/30/2029  | 40 | 38 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.908%, 07/23/2025  | 30 | 30 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.800%, 03/01/2050  | 30 | 23 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.400%, 04/01/2033  | 150 | 131 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 03/01/2042  | 10 | 7 |
| &nbsp;&nbsp;&nbsp;Comcast  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 10/15/2030  | 130 | 125 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.150%, 10/15/2028  | 40 | 39 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.049%, 11/01/2052  | 150 | 122 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 08/15/2047  | 10 | 8 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 03/01/2048  | 10 | 8 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.999%, 11/01/2049  | 10 | 8 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.969%, 11/01/2047  | 90 | 73 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.950%, 10/15/2025  | 70 | 69 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.750%, 04/01/2040  | 20 | 17 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.450%, 02/01/2050  | 40 | 30 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.400%, 04/01/2030  | 20 | 18 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.400%, 07/15/2046  | 10 | 7 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.375%, 08/15/2025  | 60 | 58 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.300%, 04/01/2027  | 190 | 180 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.150%, 03/01/2026  | 20 | 19 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.937%, 11/01/2056  | 27 | 17 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.887%, 11/01/2051  | 254 | 169 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.800%, 01/15/2051  | 40 | 26 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.350%, 01/15/2027  | 260 | 238 |
| &nbsp;&nbsp;&nbsp;DISH DBS  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 12/01/2028 (C) | 30 | 24 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 12/01/2026 (C) | 40 | 34 |
| &nbsp;&nbsp;&nbsp;Fox  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.476%, 01/25/2039  | 70 | 64 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;Magallanes  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.141%, 03/15/2052 (C) | $| 322 | $250 |
| &nbsp;&nbsp;&nbsp;Sprint Spectrum  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.738%, 03/20/2025 (C) |  | 144 | 142 |
| &nbsp;&nbsp;&nbsp;Take-Two Interactive Software  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.700%, 04/14/2027  |  | 290 | 275 |
| &nbsp;&nbsp;&nbsp;Telefonica Emisiones SAU  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.213%, 03/08/2047  |  | 150 | 123 |
| &nbsp;&nbsp;&nbsp;T-Mobile USA  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 04/15/2050  |  | 50 | 42 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.875%, 04/15/2030  |  | 130 | 119 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.750%, 04/15/2027  |  | 10 | 9 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 04/15/2025  |  | 150 | 145 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 04/15/2031  |  | 80 | 70 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.400%, 10/15/2052  |  | 30 | 21 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.375%, 04/15/2029  |  | 20 | 18 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 02/15/2041  |  | 10 | 7 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.875%, 02/15/2031  |  | 20 | 17 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.625%, 02/15/2029  |  | 30 | 26 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.550%, 02/15/2031  |  | 20 | 17 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.250%, 02/15/2026  |  | 10 | 9 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.250%, 11/15/2031  |  | 10 | 8 |
| &nbsp;&nbsp;&nbsp;Verizon Communications  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 03/16/2047  |  | 6 | 6 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 03/16/2037  |  | 20 | 20 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.862%, 08/21/2046  |  | 30 | 27 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 08/10/2033  |  | 180 | 171 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.329%, 09/21/2028  |  | 300 | 292 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.125%, 08/15/2046  |  | 30 | 25 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 03/22/2050  |  | 30 | 24 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.400%, 03/22/2041  |  | 10 | 8 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.150%, 03/22/2030  |  | 30 | 27 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 03/22/2027  |  | 10 | 9 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.875%, 11/20/2050  |  | 10 | 6 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.650%, 11/20/2040  |  | 70 | 48 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.625%, 08/15/2026  |  | 10 | 9 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.550%, 03/21/2031  |  | 90 | 75 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.355%, 03/15/2032  |  | 93 | 75 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.100%, 03/22/2028  |  | 30 | 26 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.750%, 01/20/2031  |  | 130 | 102 |
| &nbsp;&nbsp;&nbsp;Vodafone Group  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 05/30/2028  |  | 40 | 39 |
| &nbsp;&nbsp;&nbsp;Warnermedia Holdings  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.050%, 03/15/2042 (C) |  | 10 | 8 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.279%, 03/15/2032 (C) |  | 140 | 119 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.054%, 03/15/2029 (C) |  | 20 | 18 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.755%, 03/15/2027 (C) |  | 20 | 18 |
|  |  |  | 6204 |
| **Consumer Discretionary — 2.9%** | **Consumer Discretionary — 2.9%** | **Consumer Discretionary — 2.9%** |  |
| &nbsp;&nbsp;&nbsp;Amazon.com  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.950%, 12/05/2044  |  | 157 | 159 |

---

------

SEI Catholic Values Trust / Quarterly Report / November 30, 2022

**SCHEDULE OF INVESTMENTS (Unaudited)** 

November 30, 2022

**Catholic Values Fixed Income Fund** 

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 08/22/2057  | $10 | $9 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.100%, 04/13/2062  | 374 | 315 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.050%, 08/22/2047  | 30 | 26 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.875%, 08/22/2037  | 230 | 207 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.600%, 04/13/2032  | 110 | 102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.450%, 04/13/2029  | 20 | 19 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.300%, 04/13/2027  | 10 | 10 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.150%, 08/22/2027  | 50 | 47 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.100%, 05/12/2051  | 120 | 87 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.100%, 05/12/2031  | 20 | 17 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.500%, 06/03/2030  | 30 | 24 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.200%, 06/03/2027  | 60 | 52 |
| &nbsp;&nbsp;&nbsp;Cox Communications  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.350%, 09/15/2026 (C) | 231 | 217 |
| &nbsp;&nbsp;&nbsp;Element Fleet Management  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.600%, 04/06/2024 (C) | 491 | 464 |
| &nbsp;&nbsp;&nbsp;Ford Motor  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.100%, 08/19/2032  | 30 | 29 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 01/15/2043  | 20 | 15 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.250%, 02/12/2032  | 30 | 24 |
| &nbsp;&nbsp;&nbsp;Ford Motor Credit  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.950%, 05/28/2027  | 230 | 218 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 11/13/2030  | 200 | 169 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.900%, 02/10/2029  | 220 | 181 |
| &nbsp;&nbsp;&nbsp;General Motors  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 10/02/2043  | 50 | 48 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.125%, 10/01/2025  | 20 | 20 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.400%, 10/02/2023  | 20 | 20 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.150%, 04/01/2038  | 20 | 18 |
| &nbsp;&nbsp;&nbsp;General Motors Financial  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.100%, 01/12/2032  | 10 | 8 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.400%, 10/15/2028  | 553 | 461 |
| &nbsp;&nbsp;&nbsp;Hilton Domestic Operating  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 05/01/2028 (C) | 20 | 20 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 05/01/2025 (C) | 30 | 30 |
| &nbsp;&nbsp;&nbsp;Home Depot  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.625%, 04/15/2052  | 80 | 63 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.350%, 04/15/2050  | 70 | 53 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.300%, 04/15/2040  | 198 | 160 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.250%, 04/15/2032  | 100 | 90 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.700%, 04/15/2030  | 20 | 18 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.500%, 04/15/2027  | 30 | 28 |
| &nbsp;&nbsp;&nbsp;Lennar  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/15/2027  | 10 | 10 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 11/29/2027  | 20 | 19 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 04/30/2024  | 20 | 20 |
| &nbsp;&nbsp;&nbsp;Lowe's  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 04/15/2053  | 245 | 245 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 04/15/2040  | 53 | 50 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 04/15/2030  | 20 | 19 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.700%, 04/15/2046  | 96 | 74 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;NIKE  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.375%, 03/27/2050  | $| 50 | $40 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.250%, 03/27/2040  |  | 10 | 8 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.750%, 03/27/2027  |  | 20 | 19 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.400%, 03/27/2025  |  | 30 | 29 |
| &nbsp;&nbsp;&nbsp;Nissan Motor  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.522%, 09/17/2025 (C) |  | 200 | 185 |
| &nbsp;&nbsp;&nbsp;Stellantis Finance US  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 01/12/2028 (C) |  | 265 | 264 |
| &nbsp;&nbsp;&nbsp;Target  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.250%, 04/15/2025  |  | 40 | 38 |
| &nbsp;&nbsp;&nbsp;Time Warner Cable  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.300%, 07/01/2038  |  | 90 | 92 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.550%, 05/01/2037  |  | 10 | 10 |
| &nbsp;&nbsp;&nbsp;Time Warner Entertainment  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.375%, 07/15/2033  |  | 50 | 56 |
| &nbsp;&nbsp;&nbsp;Toll Brothers Finance  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 04/15/2023  |  | 20 | 20 |
| &nbsp;&nbsp;&nbsp;University of Miami  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.063%, 04/01/2052  |  | 189 | 157 |
| &nbsp;&nbsp;&nbsp;VOC Escrow  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 02/15/2028 (C) |  | 30 | 26 |
|  |  |  | 4809 |
| **Consumer Staples — 1.0%** | **Consumer Staples — 1.0%** | **Consumer Staples — 1.0%** |  |
| &nbsp;&nbsp;&nbsp;Anheuser-Busch  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.900%, 02/01/2046  |  | 618 | 578 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.650%, 02/01/2026  |  | 20 | 19 |
| &nbsp;&nbsp;&nbsp;Anheuser-Busch InBev Worldwide  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.550%, 01/23/2049  |  | 20 | 21 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.600%, 04/15/2048  |  | 10 | 9 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 06/01/2050  |  | 50 | 45 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.350%, 06/01/2040  |  | 50 | 45 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 04/13/2028  |  | 20 | 19 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 06/01/2030  |  | 20 | 19 |
| &nbsp;&nbsp;&nbsp;Cargill  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.375%, 07/23/2023 (C) |  | 30 | 29 |
| &nbsp;&nbsp;&nbsp;Coca-Cola  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.375%, 03/25/2027  |  | 20 | 19 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.600%, 06/01/2050  |  | 20 | 14 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.450%, 06/01/2027  |  | 40 | 36 |
| &nbsp;&nbsp;&nbsp;Constellation Brands  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 11/15/2024  |  | 80 | 80 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.350%, 05/09/2027  |  | 20 | 20 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.600%, 05/09/2024  |  | 30 | 29 |
| &nbsp;&nbsp;&nbsp;Costco Wholesale  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.600%, 04/20/2030  |  | 40 | 33 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.375%, 06/20/2027  |  | 70 | 62 |
| &nbsp;&nbsp;&nbsp;CVS Health  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 07/20/2045  |  | 60 | 56 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.875%, 07/20/2025  |  | 18 | 18 |

---

------

SEI Catholic Values Trust / Quarterly Report / November 30, 2022

**SCHEDULE OF INVESTMENTS (Unaudited)** 

November 30, 2022

**Catholic Values Fixed Income Fund** 

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;CVS Pass-Through Trust  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.507%, 01/10/2032 (C) | $| 330 | $345 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.036%, 12/10/2028  |  | 158 | 159 |
| &nbsp;&nbsp;&nbsp;Hershey  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.900%, 06/01/2025  |  | 10 | 9 |
| &nbsp;&nbsp;&nbsp;Kraft Heinz Foods  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 06/01/2050  |  | 10 | 10 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.200%, 07/15/2045  |  | 20 | 19 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 10/01/2049  |  | 20 | 18 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 06/01/2046  |  | 10 | 8 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 03/01/2031  |  | 10 | 9 |
| &nbsp;&nbsp;&nbsp;Mars  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.200%, 04/01/2030 (C) |  | 10 | 9 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.700%, 04/01/2025 (C) |  | 30 | 29 |
| &nbsp;&nbsp;&nbsp;Mondelez International  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.500%, 05/04/2025  |  | 70 | 65 |
| &nbsp;&nbsp;&nbsp;PepsiCo  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.875%, 10/15/2049  |  | 20 | 15 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.625%, 05/01/2030  |  | 20 | 16 |
|  |  |  | 1862 |
| **Energy — 4.1%** | **Energy — 4.1%** | **Energy — 4.1%** |  |
| &nbsp;&nbsp;&nbsp;Apache  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.750%, 12/15/2029  |  | 20 | 21 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.350%, 07/01/2049  |  | 20 | 16 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 04/15/2043  |  | 10 | 8 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 01/15/2044  |  | 150 | 105 |
| &nbsp;&nbsp;&nbsp;BP Capital Markets America  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.633%, 04/06/2030  |  | 20 | 19 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.588%, 04/14/2027  |  | 10 | 10 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 02/24/2050  |  | 50 | 34 |
| &nbsp;&nbsp;&nbsp;Cameron LNG  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.302%, 01/15/2035 (C) |  | 70 | 58 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.902%, 07/15/2031 (C) |  | 60 | 51 |
| &nbsp;&nbsp;&nbsp;Cheniere Energy  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 10/15/2028  |  | 20 | 18 |
| &nbsp;&nbsp;&nbsp;Cheniere Energy Partners  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 03/01/2031  |  | 10 | 9 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.250%, 01/31/2032  |  | 40 | 33 |
| &nbsp;&nbsp;&nbsp;Chevron  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.078%, 05/11/2050  |  | 10 | 7 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.954%, 05/16/2026  |  | 30 | 29 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.554%, 05/11/2025  |  | 50 | 47 |
| &nbsp;&nbsp;&nbsp;Chevron USA  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.850%, 01/15/2028  |  | 30 | 29 |
| &nbsp;&nbsp;&nbsp;Continental Resources  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 01/15/2031 (C) |  | 40 | 37 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.900%, 06/01/2044  |  | 20 | 15 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 04/15/2023  |  | 30 | 30 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 01/15/2028  |  | 30 | 28 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.268%, 11/15/2026 (C) |  | 20 | 17 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;Coterra Energy  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 03/15/2029 (C) | $160 | $152 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.900%, 05/15/2027 (C) | 80 | 75 |
| &nbsp;&nbsp;&nbsp;DCP Midstream Operating  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.450%, 11/03/2036 (C) | 10 | 10 |
| &nbsp;&nbsp;&nbsp;Devon Energy  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.250%, 08/01/2023  | 30 | 31 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.850%, 12/15/2025  | 30 | 31 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.600%, 07/15/2041  | 50 | 48 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/15/2045  | 210 | 188 |
| &nbsp;&nbsp;&nbsp;Diamondback Energy  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 12/01/2029  | 30 | 27 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.250%, 12/01/2026  | 10 | 9 |
| &nbsp;&nbsp;&nbsp;Ecopetrol  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875%, 05/28/2045  | 110 | 76 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 11/02/2031  | 20 | 15 |
| &nbsp;&nbsp;&nbsp;Energy Transfer  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.125%, US Treas Yield Curve Rate T Note Const Mat 5 Yr + 5.306%(A)(E) | 50 | 42 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, US Treas Yield Curve Rate T Note Const Mat 5 Yr + 5.134%(A)(E) | 10 | 9 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, US Treas Yield Curve Rate T Note Const Mat 5 Yr + 5.694%(A)(E) | 20 | 17 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 04/15/2049  | 160 | 151 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, ICE LIBOR USD 3 Month + 4.028%(A)(E) | 70 | 60 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 04/15/2029  | 30 | 29 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 05/15/2050  | 30 | 25 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.950%, 06/15/2028  | 20 | 19 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.150%, 09/15/2029  | 20 | 18 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.750%, 05/15/2030  | 110 | 98 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.450%, 01/15/2023  | 381 | 380 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.900%, 05/15/2025  | 10 | 9 |
| &nbsp;&nbsp;&nbsp;Enterprise Products Operating  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, ICE LIBOR USD 3 Month + 2.570%, 02/15/2078 (A) | 10 | 8 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.850%, 03/15/2044  | 50 | 45 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.150%, 10/16/2028  | 350 | 334 |
| &nbsp;&nbsp;&nbsp;EOG Resources  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.950%, 04/15/2050  | 70 | 69 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.150%, 01/15/2026  | 20 | 20 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.900%, 04/01/2035  | 40 | 36 |
| &nbsp;&nbsp;&nbsp;Equities  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.900%, 10/01/2027  | 230 | 213 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.625%, 05/15/2031 (C) | 20 | 17 |
| &nbsp;&nbsp;&nbsp;Exxon Mobil  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.327%, 03/19/2050  | 30 | 27 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.114%, 03/01/2046  | 70 | 61 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.482%, 03/19/2030  | 40 | 38 |

---

------

SEI Catholic Values Trust / Quarterly Report / November 30, 2022

**SCHEDULE OF INVESTMENTS (Unaudited)** 

November 30, 2022

**Catholic Values Fixed Income Fund** 

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.043%, 03/01/2026  | $40 | $38 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.992%, 03/19/2025  | 50 | 48 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.571%, 04/15/2023  | 10 | 10 |
| &nbsp;&nbsp;&nbsp;Halliburton  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 11/15/2045  | 40 | 36 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.800%, 11/15/2025  | 2 | 2 |
| &nbsp;&nbsp;&nbsp;Kinder Morgan  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.300%, 12/01/2034  | 20 | 19 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.200%, 03/01/2048  | 10 | 9 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.300%, 06/01/2025  | 30 | 30 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.300%, 03/01/2028  | 80 | 77 |
| &nbsp;&nbsp;&nbsp;Kinder Morgan Energy Partners  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 09/01/2024  | 40 | 39 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 09/01/2023  | 30 | 30 |
| &nbsp;&nbsp;&nbsp;MEG Energy  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875%, 02/01/2029 (C) | 10 | 10 |
| &nbsp;&nbsp;&nbsp;MPLX  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 02/15/2049  | 30 | 27 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 06/01/2025  | 110 | 109 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.800%, 02/15/2029  | 80 | 77 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.700%, 04/15/2048  | 60 | 48 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 04/15/2038  | 10 | 9 |
| &nbsp;&nbsp;&nbsp;Occidental Petroleum  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.875%, 09/15/2031  | 10 | 11 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, 05/01/2031  | 60 | 65 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.950%, 07/01/2024  | 4 | 4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.200%, 03/15/2040  | 75 | 73 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.550%, 03/15/2026  | 30 | 30 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.863%, 10/10/2036 (F) | 750 | 380 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 06/15/2045  | 20 | 16 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.400%, 04/15/2046  | 10 | 8 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.400%, 08/15/2049  | 70 | 55 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.100%, 02/15/2047  | 70 | 54 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 08/15/2029  | 20 | 18 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.400%, 04/15/2026  | 20 | 19 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.200%, 08/15/2026  | 30 | 27 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 02/15/2027  | 20 | 18 |
| &nbsp;&nbsp;&nbsp;Pertamina Persero  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 05/03/2042 (C) | 200 | 193 |
| &nbsp;&nbsp;&nbsp;Petrobras Global Finance BV  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.375%, 01/17/2027  | 100 | 103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.850%, 06/05/2115  | 50 | 41 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 02/01/2029  | 50 | 48 |
| &nbsp;&nbsp;&nbsp;Phillips 66  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.605%, 02/15/2025 (C) | 95 | 92 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.550%, 10/01/2026 (C) | 232 | 219 |
| &nbsp;&nbsp;&nbsp;Pioneer Natural Resources  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.150%, 01/15/2031  | 50 | 40 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.900%, 08/15/2030  | 20 | 16 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.125%, 01/15/2026  | 10 | 9 |
| &nbsp;&nbsp;&nbsp;Range Resources  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 03/15/2023  | 8 | 8 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 05/15/2025  | $| 30 | $29 |
| &nbsp;&nbsp;&nbsp;Schlumberger Holdings  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 12/21/2025 (C) |  | 30 | 29 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.900%, 05/17/2028 (C) |  | 471 | 445 |
| &nbsp;&nbsp;&nbsp;Shell International Finance BV  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 05/11/2045  |  | 50 | 45 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 05/10/2046  |  | 50 | 42 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.250%, 04/06/2050  |  | 50 | 37 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.875%, 05/10/2026  |  | 60 | 57 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.750%, 04/06/2030  |  | 20 | 18 |
| &nbsp;&nbsp;&nbsp;Sinopec Group Overseas Development  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 04/10/2024 (C) |  | 200 | 198 |
| &nbsp;&nbsp;&nbsp;Southwestern Energy  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375%, 03/15/2030  |  | 20 | 19 |
| &nbsp;&nbsp;&nbsp;Targa Resources  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.200%, 07/01/2027  |  | 50 | 49 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.200%, 02/01/2033  |  | 20 | 17 |
| &nbsp;&nbsp;&nbsp;Targa Resources Partners  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 03/01/2030  |  | 20 | 19 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 01/15/2028  |  | 10 | 9 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 02/01/2031  |  | 30 | 27 |
| &nbsp;&nbsp;&nbsp;Tennessee Gas Pipeline  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.900%, 03/01/2030 (C) |  | 60 | 51 |
| &nbsp;&nbsp;&nbsp;Transcontinental Gas Pipe Line  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.850%, 02/01/2026  |  | 50 | 54 |
| &nbsp;&nbsp;&nbsp;Venture Global Calcasieu Pass  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.875%, 11/01/2033 (C) |  | 20 | 16 |
| &nbsp;&nbsp;&nbsp;Western Midstream Operating  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.500%, 02/01/2050  |  | 20 | 16 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.041%, ICE LIBOR USD 3 Month + 2.100%, 01/13/2023 (A) |  | 10 | 10 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 03/01/2028  |  | 10 | 9 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.300%, 02/01/2030  |  | 100 | 89 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.350%, 02/01/2025  |  | 110 | 105 |
| &nbsp;&nbsp;&nbsp;Williams  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.750%, 06/15/2031  |  | 140 | 154 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, 01/15/2031  |  | 10 | 11 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 06/24/2044  |  | 40 | 39 |
|  |  |  | 6767 |
| **Financials — 11.6%** | **Financials — 11.6%** | **Financials — 11.6%** |  |
| &nbsp;&nbsp;&nbsp;AIA Group MTN  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.200%, 03/11/2025 (C) |  | 270 | 259 |
| &nbsp;&nbsp;&nbsp;Ambac Assurance  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.100%(C)(E) |  |  |  |
| &nbsp;&nbsp;&nbsp;American Express  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.050%, 05/03/2029  |  | 70 | 67 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.375%, 05/03/2024  |  | 20 | 20 |
| &nbsp;&nbsp;&nbsp;American International Group  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.500%, 06/30/2025  |  | 310 | 293 |
| &nbsp;&nbsp;&nbsp;Aviation Capital Group  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.950%, 01/30/2026 (C) |  | 301 | 263 |

---

------

SEI Catholic Values Trust / Quarterly Report / November 30, 2022

**SCHEDULE OF INVESTMENTS (Unaudited)** 

November 30, 2022

**Catholic Values Fixed Income Fund** 

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;Bank of America  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.948%, U.S. SOFR + 2.040%, 07/22/2028 (A) | $221 | $217 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.419%, ICE LIBOR USD 3 Month + 1.040%, 12/20/2028 (A) | 42 | 38 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.311%, U.S. SOFR + 1.580%, 04/22/2042 (A) | 185 | 140 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.004%, ICE LIBOR USD 3 Month + 0.790%, 12/20/2023 (A) | 99 | 99 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.972%, U.S. SOFR + 1.330%, 02/04/2033 (A) | 40 | 33 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.592%, U.S. SOFR + 2.150%, 04/29/2031 (A) | 90 | 74 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.572%, U.S. SOFR + 1.210%, 10/20/2032 (A) | 90 | 72 |
| &nbsp;&nbsp;&nbsp;Bank of America MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 01/21/2044  | 20 | 19 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.450%, 03/03/2026  | 10 | 10 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.376%, U.S. SOFR + 1.580%, 04/27/2028 (A) | 100 | 96 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.330%, ICE LIBOR USD 3 Month + 1.520%, 03/15/2050 (A) | 478 | 405 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 10/22/2026  | 50 | 49 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.083%, ICE LIBOR USD 3 Month + 3.150%, 03/20/2051 (A) | 110 | 90 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 01/22/2025  | 300 | 294 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.970%, ICE LIBOR USD 3 Month + 1.070%, 03/05/2029 (A) | 150 | 139 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.593%, ICE LIBOR USD 3 Month + 1.370%, 07/21/2028 (A) | 90 | 83 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.550%, ICE LIBOR USD 3 Month + 0.780%, 03/05/2024 (A) | 70 | 70 |
| &nbsp;&nbsp;&nbsp;Bank of Montreal MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.850%, 05/01/2025  | 70 | 65 |
| &nbsp;&nbsp;&nbsp;Bank of New York Mellon MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.289%, U.S. SOFR + 1.418%, 06/13/2033 (A) | 140 | 131 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.600%, 04/24/2025  | 20 | 19 |
| &nbsp;&nbsp;&nbsp;Bank of Nova Scotia  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.588%, US Treas Yield Curve Rate T Note Const Mat 5 Yr + 2.050%, 05/04/2037 (A) | 40 | 35 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.300%, 06/11/2025  | 40 | 37 |
| &nbsp;&nbsp;&nbsp;Barclays  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.304%, US Treas Yield Curve Rate T Note Const Mat 1 Yr + 2.300%, 08/09/2026 (A) | 200 | 197 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.088%, ICE LIBOR USD 3 Month + 3.054%, 06/20/2030 (A) | 200 | 180 |
| &nbsp;&nbsp;&nbsp;Barclays MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.972%, ICE LIBOR USD 3 Month + 1.902%, 05/16/2029 (A) | 200 | 188 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;Blackstone Holdings Finance  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 08/15/2042 (C) | $118 | $119 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 06/15/2044 (C) | 200 | 180 |
| &nbsp;&nbsp;&nbsp;BNP Paribas  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.705%, ICE LIBOR USD 3 Month + 2.235%, 01/10/2025 (A)(C) | 200 | 198 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.400%, 08/14/2028 (C) | 200 | 188 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.591%, U.S. SOFR + 1.228%, 01/20/2028 (A)(C) | 250 | 219 |
| &nbsp;&nbsp;&nbsp;Brighthouse Financial  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.700%, 06/22/2047  | 4 | 3 |
| &nbsp;&nbsp;&nbsp;Canadian Imperial Bank of Commerce  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.950%, 06/23/2023  | 40 | 39 |
| &nbsp;&nbsp;&nbsp;Capital One Financial  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.927%, U.S. SOFR + 2.057%, 05/10/2028 (A) | 42 | 40 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.900%, 01/29/2024  | 700 | 690 |
| &nbsp;&nbsp;&nbsp;Citigroup  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.125%, 07/15/2039  | 60 | 75 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.910%, U.S. SOFR + 2.086%, 05/24/2033 (A) | 40 | 38 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.658%, U.S. SOFR + 1.887%, 05/24/2028 (A) | 20 | 19 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.650%, 07/23/2048  | 180 | 162 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.450%, 09/29/2027  | 90 | 87 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.412%, U.S. SOFR + 3.914%, 03/31/2031 (A) | 233 | 217 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.125%, 07/25/2028  | 90 | 85 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.980%, ICE LIBOR USD 3 Month + 1.338%, 03/20/2030 (A) | 110 | 101 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.785%, U.S. SOFR + 1.939%, 03/17/2033 (A) | 60 | 52 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.700%, 01/12/2026  | 100 | 96 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.520%, ICE LIBOR USD 3 Month + 1.151%, 10/27/2028 (A) | 148 | 135 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.400%, 05/01/2026  | 510 | 486 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.106%, U.S. SOFR + 2.842%, 04/08/2026 (A) | 30 | 28 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.572%, U.S. SOFR + 2.107%, 06/03/2031 (A) | 10 | 8 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.678%, U.S. SOFR + 1.667%, 05/15/2024 (A) | 40 | 39 |
| &nbsp;&nbsp;&nbsp;Cooperatieve Rabobank UA  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 08/04/2025  | 250 | 243 |
| &nbsp;&nbsp;&nbsp;Credit Agricole  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.125%, USD Swap Semi 30/360 5 Yr Curr + 6.185%(A)(C)(E) | 260 | 264 |
| &nbsp;&nbsp;&nbsp;Credit Suisse Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.750%, US Treas Yield Curve Rate T Note Const Mat 5 Yr + 6.383%(A)(C)(E) | 200 | 170 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.550%, 04/17/2026  | 250 | 217 |

---

------

SEI Catholic Values Trust / Quarterly Report / November 30, 2022

**SCHEDULE OF INVESTMENTS (Unaudited)** 

November 30, 2022

**Catholic Values Fixed Income Fund** 

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.194%, U.S. SOFR + 3.730%, 04/01/2031 (A)(C) | $250 | $189 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.305%, U.S. SOFR + 0.980%, 02/02/2027 (A)(C) | 250 | 197 |
| &nbsp;&nbsp;&nbsp;CTR Partnership  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.875%, 06/30/2028 (C) | 10 | 9 |
| &nbsp;&nbsp;&nbsp;Discover Financial Services  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.700%, 11/29/2032  | 160 | 163 |
| &nbsp;&nbsp;&nbsp;Five Corners Funding Trust  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.419%, 11/15/2023 (C) | 390 | 386 |
| &nbsp;&nbsp;&nbsp;Guardian Life Global Funding  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.100%, 06/23/2025 (C) | 10 | 9 |
| &nbsp;&nbsp;&nbsp;HSBC Holdings  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.390%, U.S. SOFR + 3.350%, 11/03/2028 (A) | 230 | 241 |
| &nbsp;&nbsp;&nbsp;Intercontinental Exchange  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.950%, 06/15/2052  | 10 | 10 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.600%, 03/15/2033  | 100 | 96 |
| &nbsp;&nbsp;&nbsp;Intesa Sanpaolo MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.017%, 06/26/2024 (C) | 200 | 193 |
| &nbsp;&nbsp;&nbsp;JPMorgan Chase  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.950%, 06/01/2045  | 100 | 93 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.565%, U.S. SOFR + 1.750%, 06/14/2030 (A) | 180 | 172 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.493%, U.S. SOFR + 3.790%, 03/24/2031 (A) | 298 | 283 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.203%, ICE LIBOR USD 3 Month + 1.260%, 07/23/2029 (A) | 590 | 555 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.023%, ICE LIBOR USD 3 Month + 1.000%, 12/05/2024 (A) | 200 | 198 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.845%, U.S. SOFR + 0.980%, 06/14/2025 (A) | 100 | 98 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.509%, ICE LIBOR USD 3 Month + 0.945%, 01/23/2029 (A) | 210 | 192 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.109%, U.S. SOFR + 2.440%, 04/22/2051 (A) | 10 | 7 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.522%, U.S. SOFR + 2.040%, 04/22/2031 (A) | 130 | 108 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.083%, U.S. SOFR + 1.850%, 04/22/2026 (A) | 60 | 56 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.514%, U.S. SOFR + 1.455%, 06/01/2024 (A) | 100 | 98 |
| &nbsp;&nbsp;&nbsp;KKR Group Finance III  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.125%, 06/01/2044 (C) | 215 | 193 |
| &nbsp;&nbsp;&nbsp;KKR Group Finance VIII  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 08/25/2050 (C) | 137 | 95 |
| &nbsp;&nbsp;&nbsp;Liberty Mutual Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.569%, 02/01/2029 (C) | 349 | 324 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 06/15/2023 (C) | 90 | 89 |
| &nbsp;&nbsp;&nbsp;Lincoln National  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.400%, 01/15/2031  | 209 | 173 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;Lloyds Banking Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 03/22/2028  | $200 | $188 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.900%, 03/12/2024  | 536 | 526 |
| &nbsp;&nbsp;&nbsp;Macquarie Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.340%, U.S. SOFR + 1.069%, 01/12/2027 (A)(C) | 302 | 261 |
| &nbsp;&nbsp;&nbsp;Macquarie Group MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.150%, ICE LIBOR USD 3 Month + 1.330%, 03/27/2024 (A)(C) | 471 | 469 |
| &nbsp;&nbsp;&nbsp;Manulife Financial  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.703%, 03/16/2032  | 340 | 304 |
| &nbsp;&nbsp;&nbsp;Massachusetts Mutual Life Insurance  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.672%, 12/01/2052 (C) | 305 | 307 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.375%, 04/15/2050 (C) | 144 | 101 |
| &nbsp;&nbsp;&nbsp;Metropolitan Life Global Funding I MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.300%, 03/21/2029 (C) | 361 | 327 |
| &nbsp;&nbsp;&nbsp;Metropolitan Life Insurance  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.800%, 11/01/2025 (C) | 267 | 284 |
| &nbsp;&nbsp;&nbsp;Mitsubishi UFJ Financial Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.837%, US Treas Yield Curve Rate T Note Const Mat 1 Yr + 1.125%, 04/17/2026 (A) | 200 | 193 |
| &nbsp;&nbsp;&nbsp;Moody's  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.250%, 05/20/2050  | 235 | 166 |
| &nbsp;&nbsp;&nbsp;Morgan Stanley  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.737%, ICE LIBOR USD 3 Month + 0.847%, 04/24/2024 (A) | 40 | 40 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.484%, U.S. SOFR + 1.360%, 09/16/2036 (A) | 20 | 15 |
| &nbsp;&nbsp;&nbsp;Morgan Stanley MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.772%, ICE LIBOR USD 3 Month + 1.140%, 01/24/2029 (A) | 90 | 83 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.622%, U.S. SOFR + 3.120%, 04/01/2031 (A) | 384 | 342 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.125%, 07/27/2026  | 450 | 422 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.511%, U.S. SOFR + 1.200%, 10/20/2032 (A) | 120 | 95 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.188%, U.S. SOFR + 1.990%, 04/28/2026 (A) | 100 | 93 |
| &nbsp;&nbsp;&nbsp;National Securities Clearing  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.500%, 04/23/2025 (C) | 250 | 231 |
| &nbsp;&nbsp;&nbsp;NatWest Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.073%, US Treas Yield Curve Rate T Note Const Mat 1 Yr + 2.550%, 05/22/2028 (A) | 200 | 177 |
| &nbsp;&nbsp;&nbsp;New York Life Global Funding  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.950%, 06/24/2025 (C) | 30 | 27 |
| &nbsp;&nbsp;&nbsp;Peachtree Corners Funding Trust  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.976%, 02/15/2025 (C) | 225 | 218 |
| &nbsp;&nbsp;&nbsp;Principal Life Global Funding II  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.250%, 06/23/2025 (C) | 10 | 9 |

---

------

SEI Catholic Values Trust / Quarterly Report / November 30, 2022

**SCHEDULE OF INVESTMENTS (Unaudited)** 

November 30, 2022

**Catholic Values Fixed Income Fund** 

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;Royal Bank of Canada MTN  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.600%, 04/17/2023  | $| 60 | $59 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.150%, 06/10/2025  |  | 40 | 37 |
| &nbsp;&nbsp;&nbsp;Santander Holdings USA  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 07/17/2025  |  | 10 | 10 |
| &nbsp;&nbsp;&nbsp;State Street  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.152%, U.S. SOFR + 2.650%, 03/30/2031 (A) |  | 110 | 97 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.901%, U.S. SOFR + 2.600%, 03/30/2026 (A) |  | 95 | 90 |
| &nbsp;&nbsp;&nbsp;Teachers Insurance & Annuity Association of America  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.900%, 09/15/2044 (C) |  | 90 | 84 |
| &nbsp;&nbsp;&nbsp;Toronto-Dominion Bank MTN  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.456%, 06/08/2032  |  | 70 | 67 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.150%, 06/12/2025  |  | 30 | 27 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.750%, 06/12/2023  |  | 80 | 78 |
| &nbsp;&nbsp;&nbsp;UBS MTN  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 06/26/2048 (C) |  | 400 | 341 |
| &nbsp;&nbsp;&nbsp;UBS Group  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.364%, US Treas Yield Curve Rate T Note Const Mat 1 Yr + 1.080%, 01/30/2027 (A)(C) |  | 200 | 174 |
| &nbsp;&nbsp;&nbsp;UBS Group Funding Jersey  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.125%, 04/15/2026 (C) |  | 449 | 432 |
| &nbsp;&nbsp;&nbsp;US Bancorp  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.727%, U.S. SOFR + 1.430%, 10/21/2026 (A) |  | 169 | 173 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.450%, 05/12/2025  |  | 30 | 28 |
| &nbsp;&nbsp;&nbsp;WEA Finance  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.750%, 09/17/2024 (C) |  | 200 | 189 |
| &nbsp;&nbsp;&nbsp;Wells Fargo MTN  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.808%, U.S. SOFR + 1.980%, 07/25/2028 (A) |  | 457 | 446 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.350%, U.S. SOFR + 1.500%, 03/02/2033 (A) |  | 20 | 17 |
|  |  |  | 19334 |
| **Health Care — 1.3%** | **Health Care — 1.3%** | **Health Care — 1.3%** |  |
| &nbsp;&nbsp;&nbsp;Aetna  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.800%, 06/15/2023  |  | 10 | 10 |
| &nbsp;&nbsp;&nbsp;Cigna  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.900%, 12/15/2048  |  | 10 | 9 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.800%, 08/15/2038  |  | 100 | 94 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 10/15/2028  |  | 170 | 166 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.125%, 11/15/2025  |  | 377 | 371 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.750%, 07/15/2023  |  | 14 | 14 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.400%, 03/01/2027  |  | 441 | 417 |
| &nbsp;&nbsp;&nbsp;CVS Health  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.050%, 03/25/2048  |  | 190 | 176 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.300%, 03/25/2028  |  | 30 | 29 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 04/01/2050  |  | 70 | 58 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.125%, 04/01/2040  | $| 10 | $8 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.750%, 04/01/2030  |  | 30 | 28 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.625%, 04/01/2027  |  | 30 | 29 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.125%, 09/15/2031  |  | 30 | 24 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.875%, 02/28/2031  |  | 10 | 8 |
| &nbsp;&nbsp;&nbsp;Elevance Health  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.550%, 05/15/2052  |  | 20 | 18 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.100%, 05/15/2032  |  | 60 | 56 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.650%, 12/01/2027  |  | 30 | 29 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.350%, 12/01/2024  |  | 20 | 19 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.950%, 12/01/2022  |  | 50 | 50 |
| &nbsp;&nbsp;&nbsp;Fresenius Medical Care US Finance II  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 10/15/2024 (C) |  | 50 | 49 |
| &nbsp;&nbsp;&nbsp;Humana  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 04/01/2025  |  | 10 | 10 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.150%, 02/03/2032  |  | 10 | 8 |
| &nbsp;&nbsp;&nbsp;PeaceHealth Obligated Group  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.375%, 11/15/2025  |  | 430 | 384 |
| &nbsp;&nbsp;&nbsp;SSM Health Care  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.688%, 06/01/2023  |  | 248 | 246 |
|  |  |  | 2310 |
| **Industrials — 2.9%** | **Industrials — 2.9%** | **Industrials — 2.9%** |  |
| &nbsp;&nbsp;&nbsp;3M  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.700%, 04/15/2050  |  | 100 | 80 |
| &nbsp;&nbsp;&nbsp;AerCap Ireland Capital DAC  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 10/29/2028  |  | 417 | 352 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.450%, 10/29/2026  |  | 150 | 132 |
| &nbsp;&nbsp;&nbsp;Air Canada Pass-Through Trust, Ser 2015-1, Cl A  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.600%, 03/15/2027 (C) |  | 207 | 186 |
| &nbsp;&nbsp;&nbsp;Air Lease  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.375%, 07/01/2025  |  | 20 | 19 |
| &nbsp;&nbsp;&nbsp;Burlington Northern Santa Fe  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.875%, 06/15/2052  |  | 30 | 21 |
| &nbsp;&nbsp;&nbsp;Canadian National Railway  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.650%, 02/03/2048  |  | 151 | 122 |
| &nbsp;&nbsp;&nbsp;Canadian Pacific Railway  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.125%, 09/15/2115  |  | 167 | 169 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.100%, 12/02/2051  |  | 40 | 28 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 12/02/2041  |  | 20 | 15 |
| &nbsp;&nbsp;&nbsp;Carlisle  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.200%, 03/01/2032  |  | 407 | 312 |
| &nbsp;&nbsp;&nbsp;Carrier Global  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.700%, 02/15/2031  |  | 10 | 8 |
| &nbsp;&nbsp;&nbsp;Cintas No. 2  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 05/01/2032  |  | 20 | 19 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.700%, 04/01/2027  |  | 30 | 29 |
| &nbsp;&nbsp;&nbsp;Continental Airlines Pass-Through Trust, Ser 2012-2, Cl A  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 10/29/2024  |  | 131 | 125 |

---

------

SEI Catholic Values Trust / Quarterly Report / November 30, 2022

**SCHEDULE OF INVESTMENTS (Unaudited)** 

November 30, 2022

**Catholic Values Fixed Income Fund** 

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;CSX  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.800%, 04/15/2050  | $331 | $260 |
| &nbsp;&nbsp;&nbsp;Deere  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.750%, 04/15/2050  | 40 | 35 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.100%, 04/15/2030  | 10 | 9 |
| &nbsp;&nbsp;&nbsp;Delta Air Lines  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.375%, 01/15/2026  | 30 | 31 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.000%, 05/01/2025 (C) | 390 | 397 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 10/20/2028 (C) | 30 | 29 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 10/20/2025 (C) | 30 | 29 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.900%, 10/28/2024  | 40 | 38 |
| &nbsp;&nbsp;&nbsp;Delta Air Lines Pass-Through Trust, Ser 2020-1AA  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.000%, 06/10/2028  | 150 | 128 |
| &nbsp;&nbsp;&nbsp;Eaton  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.150%, 11/02/2042  | 70 | 61 |
| &nbsp;&nbsp;&nbsp;Ferguson Finance  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 10/24/2028 (C) | 394 | 372 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.250%, 06/02/2030 (C) | 230 | 194 |
| &nbsp;&nbsp;&nbsp;GFL Environmental  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 06/01/2025 (C) | 20 | 19 |
| &nbsp;&nbsp;&nbsp;Mileage Plus Holdings  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 06/20/2027 (C) | 38 | 38 |
| &nbsp;&nbsp;&nbsp;Norfolk Southern  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.837%, 10/01/2041  | 200 | 187 |
| &nbsp;&nbsp;&nbsp;Penske Truck Leasing LP  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.900%, 02/01/2024 (C) | 457 | 447 |
| &nbsp;&nbsp;&nbsp;Republic Services  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.500%, 08/15/2024  | 20 | 19 |
| &nbsp;&nbsp;&nbsp;Spirit Airlines Pass-Through Trust, Ser 2017-1AA  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.375%, 02/15/2030  | 155 | 134 |
| &nbsp;&nbsp;&nbsp;Spirit Loyalty Cayman  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.000%, 09/20/2025 (C) | 24 | 24 |
| &nbsp;&nbsp;&nbsp;United Airlines  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 04/15/2029 (C) | 30 | 27 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 04/15/2026 (C) | 20 | 19 |
| &nbsp;&nbsp;&nbsp;United Airlines Pass-Through Trust, Ser 2014-1, Cl A  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 04/11/2026  | 493 | 457 |
| &nbsp;&nbsp;&nbsp;United Rentals North America  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.875%, 02/15/2031  | 100 | 86 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.750%, 01/15/2032  | 20 | 17 |
| &nbsp;&nbsp;&nbsp;Verisk Analytics  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.625%, 05/15/2050  | 202 | 144 |
| &nbsp;&nbsp;&nbsp;Vertiv Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.125%, 11/15/2028 (C) | 10 | 9 |
| &nbsp;&nbsp;&nbsp;XPO Logistics  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 05/01/2025 (C) | 4 | 4 |
|  |  | 4831 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| **Information Technology — 1.4%** | **Information Technology — 1.4%** |  |
| &nbsp;&nbsp;&nbsp;Apple  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.850%, 08/04/2046  | $156 | $135 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.200%, 05/13/2025  | 80 | 78 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.125%, 05/11/2025  | 40 | 37 |
| &nbsp;&nbsp;&nbsp;Broadcom  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.926%, 05/15/2037 (C) | 20 | 18 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 04/15/2029  | 253 | 242 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.110%, 09/15/2028  | 237 | 221 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.137%, 11/15/2035 (C) | 150 | 111 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.950%, 02/15/2028 (C) | 139 | 118 |
| &nbsp;&nbsp;&nbsp;CommScope  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.000%, 03/01/2026 (C) | 20 | 19 |
| &nbsp;&nbsp;&nbsp;Genpact Luxembourg SARL  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.750%, 04/10/2026  | 292 | 261 |
| &nbsp;&nbsp;&nbsp;HP  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 01/15/2028  | 186 | 181 |
| &nbsp;&nbsp;&nbsp;Lam Research  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.875%, 06/15/2050  | 92 | 64 |
| &nbsp;&nbsp;&nbsp;Mastercard  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.850%, 03/26/2050  | 10 | 9 |
| &nbsp;&nbsp;&nbsp;NVIDIA  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.700%, 04/01/2060  | 50 | 38 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 04/01/2040  | 70 | 58 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 04/01/2050  | 70 | 54 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.850%, 04/01/2030  | 20 | 18 |
| &nbsp;&nbsp;&nbsp;NXP BV  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.700%, 05/01/2025  | 30 | 28 |
| &nbsp;&nbsp;&nbsp;PayPal Holdings  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.650%, 06/01/2025  | 30 | 28 |
| &nbsp;&nbsp;&nbsp;Prosus MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.061%, 07/13/2031 (C) | 200 | 149 |
| &nbsp;&nbsp;&nbsp;Salesforce  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.700%, 07/15/2041  | 40 | 30 |
| &nbsp;&nbsp;&nbsp;salesforce.com  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.250%, 04/11/2023  | 40 | 40 |
| &nbsp;&nbsp;&nbsp;Sprint Capital  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.750%, 03/15/2032  | 10 | 12 |
| &nbsp;&nbsp;&nbsp;Texas Instruments  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.750%, 05/04/2030  | 20 | 17 |
| &nbsp;&nbsp;&nbsp;Visa  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.300%, 12/14/2045  | 50 | 47 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.150%, 12/14/2025  | 70 | 67 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.050%, 04/15/2030  | 20 | 17 |
| &nbsp;&nbsp;&nbsp;Workday  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.800%, 04/01/2032  | 120 | 107 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.700%, 04/01/2029  | 20 | 18 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 04/01/2027  | 205 | 194 |
|  |  | 2416 |

---

------

SEI Catholic Values Trust / Quarterly Report / November 30, 2022

**SCHEDULE OF INVESTMENTS (Unaudited)** 

November 30, 2022

**Catholic Values Fixed Income Fund** 

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| **Materials — 0.5%** | **Materials — 0.5%** |  |
| &nbsp;&nbsp;&nbsp;Anglo American Capital  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 04/10/2027 (C) | $200 | $192 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.625%, 09/11/2024 (C) | 200 | 194 |
| &nbsp;&nbsp;&nbsp;Ball  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.125%, 09/15/2031  | 30 | 24 |
| &nbsp;&nbsp;&nbsp;Equate Petrochemical BV MTN  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 11/03/2026 (C) | 200 | 189 |
| &nbsp;&nbsp;&nbsp;Freeport-McMoRan  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.450%, 03/15/2043  | 140 | 125 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.400%, 11/14/2034  | 20 | 19 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 08/01/2030  | 10 | 9 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.550%, 11/14/2024  | 10 | 10 |
| &nbsp;&nbsp;&nbsp;Southern Copper  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.250%, 11/08/2042  | 120 | 113 |
| &nbsp;&nbsp;&nbsp;Suzano Austria GmbH  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.750%, 01/15/2031  | 90 | 75 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.125%, 01/15/2032  | 20 | 16 |
| &nbsp;&nbsp;&nbsp;Teck Resources  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.900%, 07/15/2030  | 30 | 27 |
|  |  | 993 |
| **Real Estate — 0.6%** | **Real Estate — 0.6%** |  |
| &nbsp;&nbsp;&nbsp;Digital Realty Trust  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.700%, 08/15/2027  | 233 | 218 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.600%, 07/01/2029  | 78 | 71 |
| &nbsp;&nbsp;&nbsp;Federal Realty Investment Trust  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.250%, 02/15/2026  | 233 | 206 |
| &nbsp;&nbsp;&nbsp;MPT Operating Partnership  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 10/15/2027  | 10 | 8 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 08/01/2029  | 10 | 8 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 03/15/2031  | 40 | 28 |
| &nbsp;&nbsp;&nbsp;Simon Property Group  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.750%, 02/01/2028  | 501 | 428 |
|  |  | 967 |
| **Utilities — 2.7%** | **Utilities — 2.7%** |  |
| &nbsp;&nbsp;&nbsp;American Transmission Systems  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.650%, 01/15/2032 (C) | 30 | 24 |
| &nbsp;&nbsp;&nbsp;Aquarion  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 08/15/2024 (C) | 192 | 188 |
| &nbsp;&nbsp;&nbsp;Berkshire Hathaway Energy  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.450%, 01/15/2049  | 600 | 527 |
| &nbsp;&nbsp;&nbsp;Consolidated Edison of New York  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.950%, 04/01/2050  | 20 | 16 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.350%, 04/01/2030  | 20 | 18 |
| &nbsp;&nbsp;&nbsp;DTE Electric Securitization Funding I  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.640%, 12/01/2026  | 294 | 276 |
| &nbsp;&nbsp;&nbsp;Duke Energy Carolinas  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.950%, 03/15/2048  | 98 | 80 |
| &nbsp;&nbsp;&nbsp;Duke Energy Florida  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.200%, 01/15/2027  | 230 | 218 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** | **CORPORATE OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;Duke Energy Ohio  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.650%, 02/01/2029  | $| 50 | $| 47 |
| &nbsp;&nbsp;&nbsp;Eversource Energy  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.150%, 01/15/2025  |  | 111 |  | 107 |
| &nbsp;&nbsp;&nbsp;Exelon  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 06/15/2035  |  | 60 |  | 61 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.100%, 06/15/2045  |  | 328 |  | 309 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.700%, 04/15/2050  |  | 69 |  | 61 |
| &nbsp;&nbsp;&nbsp;FirstEnergy  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.350%, 07/15/2047  |  | 100 |  | 88 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.400%, 07/15/2027  |  | 50 |  | 47 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.600%, 01/15/2026  |  | 20 |  | 18 |
| &nbsp;&nbsp;&nbsp;Interstate Power and Light  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.300%, 06/01/2030  |  | 295 |  | 243 |
| &nbsp;&nbsp;&nbsp;NextEra Energy Capital Holdings  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.550%, 05/01/2027  |  | 292 |  | 277 |
| &nbsp;&nbsp;&nbsp;NSTAR Electric  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.950%, 04/01/2030  |  | 230 |  | 218 |
| &nbsp;&nbsp;&nbsp;Pacific Gas and Electric  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.450%, 06/15/2027  |  | 100 |  | 97 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.950%, 06/08/2025  |  | 40 |  | 39 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.300%, 08/01/2040  |  | 10 |  | 7 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.500%, 02/01/2031  |  | 20 |  | 16 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.100%, 08/01/2027  |  | 20 |  | 17 |
| &nbsp;&nbsp;&nbsp;PG&E Wildfire Recovery Funding  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.722%, 06/01/2037  |  | 456 |  | 443 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.594%, 06/01/2030  |  | 380 |  | 362 |
| &nbsp;&nbsp;&nbsp;Southern  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.250%, 07/01/2026  |  | 415 |  | 394 |
| &nbsp;&nbsp;&nbsp;Virginia Electric & Power  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.150%, 01/15/2026  |  | 124 |  | 118 |
| &nbsp;&nbsp;&nbsp;Xcel Energy  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.400%, 06/01/2030  |  | 188 |  | 168 |
|  |  |  |  | 4484 |
| Total Corporate Obligations |  |  |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $61,517) ($ Thousands) |  |  |  | 54977 |
| **U.S. TREASURY OBLIGATIONS — 22.3%** | **U.S. TREASURY OBLIGATIONS — 22.3%** | **U.S. TREASURY OBLIGATIONS — 22.3%** | **U.S. TREASURY OBLIGATIONS — 22.3%** | **U.S. TREASURY OBLIGATIONS — 22.3%** |
| &nbsp;&nbsp;&nbsp;U.S. Treasury Bills  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 05/25/2023 (G) |  | 490 |  | 479 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.465%, 03/28/2023 (G) |  | 760 |  | 749 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.265%, 02/23/2023 (G) |  | 780 |  | 773 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.239%, 02/28/2023 (G) |  | 540 |  | 534 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.164%, 02/09/2023 (G) |  | 350 |  | 347 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.112%, 02/02/2023 (G) |  | 500 |  | 496 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.982%, 12/27/2022 (G) |  | 430 |  | 429 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 03/02/2023 (G) |  | 230 |  | 228 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 06/01/2023 (G) |  | 240 |  | 235 |

---

------

SEI Catholic Values Trust / Quarterly Report / November 30, 2022

**SCHEDULE OF INVESTMENTS (Unaudited)** 

November 30, 2022

**Catholic Values Fixed Income Fund** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **U.S. TREASURY OBLIGATIONS (continued)** | **U.S. TREASURY OBLIGATIONS (continued)** | **U.S. TREASURY OBLIGATIONS (continued)** | **U.S. TREASURY OBLIGATIONS (continued)** | **U.S. TREASURY OBLIGATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;U.S. Treasury Bonds  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.750%, 11/15/2043  | $| 490 | $| 470 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.375%, 08/15/2042  |  | 281 |  | 257 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.250%, 05/15/2042  |  | 110 |  | 99 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 08/15/2052  |  | 1240 |  | 1062 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.875%, 08/15/2045  |  | 70 |  | 58 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.875%, 05/15/2052  |  | 1190 |  | 989 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.750%, 08/15/2047  |  | 460 |  | 369 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.445%, 05/15/2049 (F) |  | 410 |  | 149 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.375%, 02/15/2042  |  | 626 |  | 487 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.375%, 05/15/2051  |  | 30 |  | 22 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.250%, 05/15/2041  |  | 10 |  | 8 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.250%, 02/15/2052  |  | 1533 |  | 1107 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.000%, 11/15/2041  |  | 120 |  | 87 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.000%, 02/15/2050  |  | 330 |  | 226 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.000%, 08/15/2051  |  | 1080 |  | 734 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.875%, 02/15/2051  |  | 5153 |  | 3398 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.875%, 11/15/2051  |  | 572 |  | 376 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.750%, 08/15/2041  |  | 1946 |  | 1358 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.625%, 11/15/2050  |  | 2680 |  | 1655 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.375%, 08/15/2050  |  | 2521 |  | 1454 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.250%, 05/15/2050  |  | 1040 |  | 580 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.125%, 08/15/2040  |  | 4321 |  | 2744 |
| &nbsp;&nbsp;&nbsp;U.S. Treasury Inflation Protected Securities  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.125%, 10/15/2024  |  | 459 |  | 444 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.125%, 01/15/2030  |  | 450 |  | 411 |
| &nbsp;&nbsp;&nbsp;U.S. Treasury Notes  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.125%, 09/30/2027  |  | 250 |  | 253 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 10/31/2029  |  | 590 |  | 599 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.750%, 04/30/2027  |  | 180 |  | 172 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.750%, 08/15/2032  |  | 840 |  | 778 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.000%, 11/15/2026  |  | 2670 |  | 2480 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.875%, 02/15/2032  |  | 1051 |  | 905 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.500%, 01/31/2027  |  | 3825 |  | 3471 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.250%, 11/30/2026  |  | 4660 |  | 4200 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.125%, 01/15/2025  |  | 1980 |  | 1852 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.250%, 05/31/2025  |  | 90 |  | 82 |
| Total U.S. Treasury Obligations | Total U.S. Treasury Obligations | Total U.S. Treasury Obligations |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $44,996) ($ Thousands) | &nbsp;&nbsp;&nbsp;(Cost $44,996) ($ Thousands) | &nbsp;&nbsp;&nbsp;(Cost $44,996) ($ Thousands) |  | 37606 |
| **ASSET-BACKED SECURITIES — 9.1%** | **ASSET-BACKED SECURITIES — 9.1%** | **ASSET-BACKED SECURITIES — 9.1%** | **ASSET-BACKED SECURITIES — 9.1%** | **ASSET-BACKED SECURITIES — 9.1%** |
| **Automotive — 1.1%** | **Automotive — 1.1%** | **Automotive — 1.1%** |  |  |
| &nbsp;&nbsp;&nbsp;Avis Budget Rental Car Funding AESOP, Ser 2021-1A, Cl A |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.380%, 08/20/2027 (C) |  | 130 |  | 112 |
| &nbsp;&nbsp;&nbsp;Ford Credit Auto Owner Trust, Ser 2020-1, Cl A |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.040%, 08/15/2031 (C) |  | 400 |  | 371 |

---

---

| | | | |
|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp;Ford Credit Auto Owner Trust, Ser 2021-REV1, Cl A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.370%, 10/17/2033 (C) | $| 254 | $225 |
| &nbsp;&nbsp;&nbsp;Ford Credit Floorplan Master Owner Trust, Ser 2018-4, Cl A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.060%, 11/15/2030  |  | 150 | 141 |
| &nbsp;&nbsp;&nbsp;Hertz Vehicle Financing, Ser 2021-1A, Cl A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.210%, 12/26/2025 (C) |  | 100 | 92 |
| &nbsp;&nbsp;&nbsp;NextGear Floorplan Master Owner Trust, Ser 2022-1A, Cl A2 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.800%, 03/15/2027 (C) |  | 489 | 459 |
| &nbsp;&nbsp;&nbsp;Toyota Auto Loan Extended Note Trust, Ser 2021-1A, Cl A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.070%, 02/27/2034 (C) |  | 456 | 400 |
|  |  |  | 1800 |
| **Mortgage Related Securities — 0.3%** | **Mortgage Related Securities — 0.3%** | **Mortgage Related Securities — 0.3%** |  |
| &nbsp;&nbsp;&nbsp;Asset-Backed Securities Home Equity Loan Trust, Ser 2007-HE1, Cl A4 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.184%, ICE LIBOR USD 1 Month + 0.140%, 12/25/2036 (A) |  | 92 | 89 |
| &nbsp;&nbsp;&nbsp;Bear Stearns Asset-Backed Securities I Trust, Ser 2004-HE6, Cl M1 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.899%, ICE LIBOR USD 1 Month + 0.855%, 08/25/2034 (A) |  | 253 | 238 |
| &nbsp;&nbsp;&nbsp;Bear Stearns Asset-Backed Securities I Trust, Ser 2004-HE7, Cl M1 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.944%, ICE LIBOR USD 1 Month + 0.900%, 08/25/2034 (A) |  | 143 | 135 |
| &nbsp;&nbsp;&nbsp;Option One Mortgage Loan Trust, Ser 2007-FXD1, Cl 3A4 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.860%, 01/25/2037 (D) |  | 57 | 54 |
|  |  |  | 516 |
| **Other Asset-Backed Securities — 7.7%** | **Other Asset-Backed Securities — 7.7%** | **Other Asset-Backed Securities — 7.7%** |  |
| &nbsp;&nbsp;&nbsp;AMSR Trust, Ser 2021-SFR3, Cl A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.476%, 10/17/2038 (C) |  | 300 | 257 |
| &nbsp;&nbsp;&nbsp;AMSR Trust, Ser 2022-SFR3, Cl A |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 10/17/2039 (C) |  | 236 | 220 |
| &nbsp;&nbsp;&nbsp;Applebee's Funding, Ser 2019-1A, Cl A2I |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.194%, 06/05/2049 (C) |  | 139 | 131 |
| &nbsp;&nbsp;&nbsp;BankAmerica Manufactured Housing Contract Trust, Ser 1996-1, Cl B1 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.875%, 10/10/2026  |  | 510 | 23 |
| &nbsp;&nbsp;&nbsp;CF Hippolyta, Ser 2020-1, Cl A1 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.690%, 07/15/2060 (C) |  | 170 | 150 |
| &nbsp;&nbsp;&nbsp;CIT Mortgage Loan Trust, Ser 2007-1, Cl 1M1 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.516%, ICE LIBOR USD 1 Month + 1.500%, 10/25/2037 (A)(C) |  | 120 | 112 |
| &nbsp;&nbsp;&nbsp;College Ave Student Loans, Ser 2021-C, Cl C |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.060%, 07/26/2055 (C) |  | 150 | 119 |

---

------

SEI Catholic Values Trust / Quarterly Report / November 30, 2022

**SCHEDULE OF INVESTMENTS (Unaudited)** 

November 30, 2022

**Catholic Values Fixed Income Fund** 

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp;Corevest American Finance Trust, Ser 2021-1, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.569%, 04/15/2053 (C) | $346 | $299 |
| &nbsp;&nbsp;&nbsp;DB Master Finance, Ser 2021-1A, Cl A23 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.791%, 11/20/2051 (C) | 473 | 365 |
| &nbsp;&nbsp;&nbsp;DLLAA, Ser 2021-1A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.670%, 04/17/2026 (C) | 487 | 457 |
| &nbsp;&nbsp;&nbsp;Domino's Pizza Master Issuer, Ser 2021-1A, Cl A2I |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.662%, 04/25/2051 (C) | 421 | 352 |
| &nbsp;&nbsp;&nbsp;First Franklin Mortgage Loan Trust, Ser 2006-FF15, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.164%, ICE LIBOR USD 1 Month + 0.120%, 11/25/2036 (A) | 69 | 62 |
| &nbsp;&nbsp;&nbsp;First Franklin Mortgage Loan Trust, Ser 2006-FF15, Cl A5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.204%, ICE LIBOR USD 1 Month + 0.160%, 11/25/2036 (A) | 63 | 61 |
| &nbsp;&nbsp;&nbsp;FirstKey Homes Trust, Ser 2020-SFR2, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.266%, 10/19/2037 (C) | 250 | 220 |
| &nbsp;&nbsp;&nbsp;FirstKey Homes Trust, Ser 2021-SFR3, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.135%, 12/17/2038 (C) | 267 | 232 |
| &nbsp;&nbsp;&nbsp;FirstKey Homes Trust, Ser 2022-SFRA, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.100%, 03/17/2039 (C) | 293 | 263 |
| &nbsp;&nbsp;&nbsp;GoodLeap Sustainable Home Solutions Trust, Ser 2022-1GS, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.700%, 01/20/2049 (C) | 92 | 71 |
| &nbsp;&nbsp;&nbsp;Home Partners of America Trust, Ser 2021-2, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.901%, 12/17/2026 (C) | 307 | 264 |
| &nbsp;&nbsp;&nbsp;JPMorgan Mortgage Acquisition, Ser 2005-OPT2, Cl M4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.974%, ICE LIBOR USD 1 Month + 0.930%, 12/25/2035 (A) | 180 | 172 |
| &nbsp;&nbsp;&nbsp;Merrill Lynch Mortgage Investors Trust, Ser 2004-WMC5, Cl M1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.974%, ICE LIBOR USD 1 Month + 0.930%, 07/25/2035 (A) | 231 | 220 |
| &nbsp;&nbsp;&nbsp;National Collegiate Student Loan Trust, Ser 2006-3, Cl B |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.376%, ICE LIBOR USD 1 Month + 0.360%, 01/26/2032 (A) | 250 | 189 |
| &nbsp;&nbsp;&nbsp;Navient Private Education Refi Loan Trust, Ser 2020-DA, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.690%, 05/15/2069 (C) | 163 | 146 |
| &nbsp;&nbsp;&nbsp;Navient Student Loan Trust, Ser 2016-3A, Cl A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.366%, ICE LIBOR USD 1 Month + 1.350%, 06/25/2065 (A)(C) | 137 | 135 |
| &nbsp;&nbsp;&nbsp;Oak Street Investment Grade Net Lease Fund, Ser 2020-1A, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.850%, 11/20/2050 (C) | 459 | 406 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp;Oak Street Investment Grade Net Lease Fund, Ser 2021-1A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.930%, 01/20/2051 (C) | $448 | $379 |
| &nbsp;&nbsp;&nbsp;Palmer Square CLO, Ser 2021-2A, Cl A1A3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.227%, ICE LIBOR USD 3 Month + 1.000%, 10/17/2031 (A)(C) | 330 | 323 |
| &nbsp;&nbsp;&nbsp;Palmer Square CLO, Ser 2022-2A, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.683%, TSFR3M + 1.570%, 07/20/2034 (A)(C) | 250 | 243 |
| &nbsp;&nbsp;&nbsp;Palmer Square Loan Funding, Ser 2022-2A, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.134%, TSFR3M + 1.270%, 10/15/2030 (A)(C) | 382 | 375 |
| &nbsp;&nbsp;&nbsp;PFS Financing, Ser 2022-A, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.470%, 02/15/2027 (C) | 463 | 431 |
| &nbsp;&nbsp;&nbsp;Progress Residential Trust, Ser 2019-SFR3, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.271%, 09/17/2036 (C) | 349 | 330 |
| &nbsp;&nbsp;&nbsp;RAMP Trust, Ser 2006-RZ3, Cl M1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.394%, ICE LIBOR USD 1 Month + 0.350%, 08/25/2036 (A) | 240 | 229 |
| &nbsp;&nbsp;&nbsp;Sabey Data Center Issuer, Ser 2020-1, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.812%, 04/20/2045 (C) | 170 | 158 |
| &nbsp;&nbsp;&nbsp;Sabey Data Center Issuer, Ser 2021-1, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.881%, 06/20/2046 (C) | 466 | 400 |
| &nbsp;&nbsp;&nbsp;SLM Student Loan Trust, Ser 2021-10A, Cl A4 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.963%, ICE LIBOR USD 3 Month + 0.670%, 12/17/2068 (A)(C) | 119 | 111 |
| &nbsp;&nbsp;&nbsp;Sofi Professional Loan Program Trust, Ser 2018-B, Cl A2FX |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.340%, 08/25/2047 (C) | 25 | 24 |
| &nbsp;&nbsp;&nbsp;Stack Infrastructure Issuer, Ser 2019-2A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.080%, 10/25/2044 (C) | 159 | 151 |
| &nbsp;&nbsp;&nbsp;Structured Asset Investment Loan Trust, Ser 2003-BC12, Cl 2A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.764%, ICE LIBOR USD 1 Month + 0.720%, 11/25/2033 (A) | 131 | 120 |
| &nbsp;&nbsp;&nbsp;Structured Asset Securities Mortgage Loan Trust, Ser 2007-WF1, Cl A1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.464%, ICE LIBOR USD 1 Month + 0.420%, 02/25/2037 (A) | 138 | 132 |
| &nbsp;&nbsp;&nbsp;Taco Bell Funding, Ser 2021-1A, Cl A2II |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.294%, 08/25/2051 (C) | 428 | 344 |
| &nbsp;&nbsp;&nbsp;Tricon American Homes Trust, Ser 2020-SFR2, Cl A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.482%, 11/17/2039 (C) | 243 | 202 |
| &nbsp;&nbsp;&nbsp;U.S. Small Business Administration, Ser 2010-20B, Cl 1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.140%, 02/01/2030  | 37 | 36 |

---

------

SEI Catholic Values Trust / Quarterly Report / November 30, 2022

**SCHEDULE OF INVESTMENTS (Unaudited)** 

November 30, 2022

**Catholic Values Fixed Income Fund** 

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp;U.S. Small Business Administration, Ser 2011-20G, Cl 1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.740%, 07/01/2031  | $144 | $138 |
| &nbsp;&nbsp;&nbsp;U.S. Small Business Administration, Ser 2011-20H, Cl 1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.290%, 08/01/2031  | 78 | 73 |
| &nbsp;&nbsp;&nbsp;U.S. Small Business Administration, Ser 2013-20G, Cl 1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.150%, 07/01/2033  | 332 | 315 |
| &nbsp;&nbsp;&nbsp;U.S. Small Business Administration, Ser 2014-20C, Cl 1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.210%, 03/01/2034  | 261 | 245 |
| &nbsp;&nbsp;&nbsp;U.S. Small Business Administration, Ser 2015-20F, Cl 1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.980%, 06/01/2035  | 94 | 88 |
| &nbsp;&nbsp;&nbsp;U.S. Small Business Administration, Ser 2017-20H, Cl 1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.750%, 08/01/2037  | 183 | 168 |
| &nbsp;&nbsp;&nbsp;U.S. Small Business Administration, Ser 2018-20A, Cl 1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.920%, 01/01/2038  | 194 | 180 |
| &nbsp;&nbsp;&nbsp;U.S. Small Business Administration, Ser 2018-20B, Cl 1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.220%, 02/01/2038  | 279 | 264 |
| &nbsp;&nbsp;&nbsp;U.S. Small Business Administration, Ser 2018-20E, Cl 1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 05/01/2038  | 169 | 161 |
| &nbsp;&nbsp;&nbsp;U.S. Small Business Administration, Ser 2019-20D, Cl 1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.980%, 04/01/2039  | 21 | 20 |
| &nbsp;&nbsp;&nbsp;U.S. Small Business Administration, Ser 2019-25G, Cl 1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.690%, 07/01/2044  | 23 | 20 |
| &nbsp;&nbsp;&nbsp;U.S. Small Business Administration, Ser 2022-25D, Cl 1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 04/01/2047  | 334 | 313 |
| &nbsp;&nbsp;&nbsp;U.S. Small Business Administration, Ser 2022-25E, Cl 1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.940%, 05/01/2047  | 342 | 329 |
| &nbsp;&nbsp;&nbsp;U.S. Small Business Administration, Ser 2022-25G, Cl 1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.930%, 07/01/2047  | 459 | 441 |
| &nbsp;&nbsp;&nbsp;U.S. Small Business Administration, Ser 2022-25K, Cl 1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.130%, 11/01/2047  | 261 | 267 |
| &nbsp;&nbsp;&nbsp;Vantage Data Centers Issuer, Ser 2019-1A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.188%, 07/15/2044 (C) | 259 | 244 |
| &nbsp;&nbsp;&nbsp;Vantage Data Centers, Ser 2020-1A, Cl A2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.645%, 09/15/2045 (C) | 387 | 337 |
| &nbsp;&nbsp;&nbsp;Verizon Owner Trust, Ser 2020-A, Cl A1A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.850%, 07/22/2024  | 50 | 50 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) | Market Value<br> ($ Thousands) |
| **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** | **ASSET-BACKED SECURITIES (continued)** |
| &nbsp;&nbsp;&nbsp;Wendy's Funding, Ser 2019-1A, Cl A2I |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.783%, 06/15/2049 (C) | $| 140 | $| 128 |
| &nbsp;&nbsp;&nbsp;Wind River CLO, Ser 2021-3A, Cl A |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.393%, ICE LIBOR USD 3 Month + 1.150%, 07/20/2033 (A)(C) |  | 250 |  | 239 |
|  |  |  |  | 12934 |
| Total Asset-Backed Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $16,905) ($ Thousands) |  |  |  | 15250 |
| **LOAN PARTICIPATIONS — 2.1%** | **LOAN PARTICIPATIONS — 2.1%** | **LOAN PARTICIPATIONS — 2.1%** | **LOAN PARTICIPATIONS — 2.1%** | **LOAN PARTICIPATIONS — 2.1%** |
| &nbsp;&nbsp;&nbsp;Air Canada, 1st Lien |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.130%, 08/11/2028 (A) |  | 30 |  | 30 |
| &nbsp;&nbsp;&nbsp;Ali Group, Term Loan B, 1st Lien |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.201%, 07/30/2029 (A) |  | 63 |  | 62 |
| &nbsp;&nbsp;&nbsp;Allied Universal Holdco LLC, Initial Term Loan, 1st Lien |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.821%, 05/12/2028 (A) |  | 87 |  | 82 |
| &nbsp;&nbsp;&nbsp;Alterra Mountain Company, Series B-2, 1st Lien |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.571%, 08/17/2028 (A) |  | 39 |  | 38 |
| &nbsp;&nbsp;&nbsp;Amwins Group Inc, 1st Lien |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.321%, 02/19/2028 (A) |  | 19 |  | 19 |
| &nbsp;&nbsp;&nbsp;APi Group, Term Loan B, 1st Lien |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.571%, 10/01/2026 (A) |  | 74 |  | 73 |
| &nbsp;&nbsp;&nbsp;Asplundh Tree Expert, LLC, 1st Lien |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.821%, 09/07/2027 (A) |  | 10 |  | 9 |
| &nbsp;&nbsp;&nbsp;Asurion LLC, B-8 Term Loan, 1st Lien |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.321%, 12/23/2026 (A) |  | 44 |  | 38 |
| &nbsp;&nbsp;&nbsp;Asurion LLC, B-9 Term Loan, 1st Lien |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.321%, 07/31/2027 (A) |  | 30 |  | 26 |
| &nbsp;&nbsp;&nbsp;Asurion, LLC (fka Asurion Corporation), New B-7 Term Loan, 1st Lien |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.071%, LIBOR + 3.000%, 11/03/2024 (A) |  | 48 |  | 46 |
| &nbsp;&nbsp;&nbsp;Athena Health Group, INC. Initial Term Loan |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.411%, 02/15/2029 (A) |  | 111 |  | 101 |
| &nbsp;&nbsp;&nbsp;Brightspring Health, Cov-Lite, 1st Lien |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.571%, 03/05/2026 (A) |  | 19 |  | 18 |
| &nbsp;&nbsp;&nbsp;Brown Group Holdings, LLC, Intitial Term Loan, 1st Lien |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.571%, 06/07/2028 (A) |  | 40 |  | 39 |
| &nbsp;&nbsp;&nbsp;Caesars Resort Collection, LLC, 1st Lien |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.571%, 07/21/2025 (A) |  | 1 |  | 1 |
| &nbsp;&nbsp;&nbsp;Castlelake Avia, 1st Lien |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.043%, 10/22/2026 (A) |  | 59 |  | 58 |
| &nbsp;&nbsp;&nbsp;Charter Communications Operating, LLC, Term B-2 Loan, 1st Lien |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.830%, 02/01/2027 (A) |  | 10 |  | 10 |

---

------

SEI Catholic Values Trust / Quarterly Report / November 30, 2022

**SCHEDULE OF INVESTMENTS (Unaudited)** 

November 30, 2022

**Catholic Values Fixed Income Fund** 

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;Charter Communications, Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.830%, 04/30/2025  | $74 | $73 |
| &nbsp;&nbsp;&nbsp;Citadel Securities, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.701%, 02/02/2028 (A) | 49 | 48 |
| &nbsp;&nbsp;&nbsp;Clarios Global, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.321%, 04/30/2026  | 86 | 84 |
| &nbsp;&nbsp;&nbsp;Cloudera, Inc., 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.821%, 10/08/2028 (A) | 30 | 28 |
| &nbsp;&nbsp;&nbsp;DCert Buyer, Inc., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.696%, LIBOR + 4.000%, 10/16/2026 (A) | 107 | 103 |
| &nbsp;&nbsp;&nbsp;Deerfield Dakora Holding, LLC, Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.837%, 04/09/2027  | 103 | 97 |
| &nbsp;&nbsp;&nbsp;Energizer Holdings, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 12/22/2027  | 19 | 19 |
| &nbsp;&nbsp;&nbsp;Eyecare Partners, LLC, Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.424%, 02/18/2027  | 29 | 25 |
| &nbsp;&nbsp;&nbsp;First Eagles Holdings, Inc., Term Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.174%, 02/01/2027  | 19 | 18 |
| &nbsp;&nbsp;&nbsp;Focus Financial Partners, LLC, Term Loan 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.754%, 07/03/2024 (A)(H) | 48 | 48 |
| &nbsp;&nbsp;&nbsp;Focus Financial, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.000%, 06/30/2028  | 40 | 39 |
| &nbsp;&nbsp;&nbsp;Garda World Security Corp, Term Loan B, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.930%, 10/30/2026 (A) | 14 | 13 |
| &nbsp;&nbsp;&nbsp;Genesee & Wyoming Inc., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.674%, LIBOR + 2.000%, 12/30/2026 (A) | 87 | 86 |
| &nbsp;&nbsp;&nbsp;GFL Environmental, Refinancing Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.415%, 05/30/2025 (A)(H) | 59 | 59 |
| &nbsp;&nbsp;&nbsp;Global Medical, Term Loan B, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.092%, 10/02/2025  | 87 | 69 |
| &nbsp;&nbsp;&nbsp;Great Outdoors Group, LLC Term B-2 Loan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.821%, 03/06/2028 (A) | 29 | 28 |
| &nbsp;&nbsp;&nbsp;Grifols Worldwide Operations Limited, Dollar Tranche B Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.071%, LIBOR + 2.000%, 11/15/2027 (A) | 83 | 80 |
| &nbsp;&nbsp;&nbsp;Harbor Freight Tools, Cov-Lite, Term Loan B, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.821%, 10/19/2027  | 39 | 37 |
| &nbsp;&nbsp;&nbsp;Hilton Worldwide Finance LLC, Refinanced Series B-2 Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.766%, LIBOR + 1.750%, 06/22/2026 (A)(H) | 32 | 32 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;Horizon Therapeutics, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.813%, 03/15/2028  | $49 | $49 |
| &nbsp;&nbsp;&nbsp;Hunter Douglas, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.859%, 02/26/2029 (A) | 110 | 96 |
| &nbsp;&nbsp;&nbsp;Icon, Cov-Lite, Term Loan B, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.938%, 07/03/2028 (A) | 13 | 13 |
| &nbsp;&nbsp;&nbsp;iHeartCommunications, Inc. (fka Clear Channel Communications, Inc.), New Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.071%, LIBOR + 3.000%, 05/01/2026 (A) | 65 | 61 |
| &nbsp;&nbsp;&nbsp;II-VI, Term Loan B, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.586%, 07/02/2029 (A) | 60 | 59 |
| &nbsp;&nbsp;&nbsp;Jane Street Group, LLC, Dollar Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.821%, 01/26/2028 (A) | 48 | 47 |
| &nbsp;&nbsp;&nbsp;Jazz Pharmaceuticals, Inc., 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.571%, 05/05/2028 (A) | 80 | 79 |
| &nbsp;&nbsp;&nbsp;Level 3 Financing, Inc., Tranche B Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.821%, LIBOR + 1.750%, 03/01/2027 (A)(H) | 46 | 43 |
| &nbsp;&nbsp;&nbsp;LifePoint Health, Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.165%, 11/16/2025 (A) | 35 | 32 |
| &nbsp;&nbsp;&nbsp;McAfee, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.170%, 07/27/2028 (A) | 119 | 107 |
| &nbsp;&nbsp;&nbsp;Milano Acquistion, Term B Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.674%, 10/01/2027 (A) | 89 | 86 |
| &nbsp;&nbsp;&nbsp;Mozart Debt Merger, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.321%, 10/23/2028 (A) | 70 | 66 |
| &nbsp;&nbsp;&nbsp;MSG National, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.938%, 07/03/2028 (A) | 51 | 51 |
| &nbsp;&nbsp;&nbsp;Nexstar Broadcasting, Inc., Term B-4 Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.571%, LIBOR + 2.750%, 09/18/2026 (A) | 34 | 34 |
| &nbsp;&nbsp;&nbsp;PCI Gaming Authority, Term B Facility Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.571%, LIBOR + 2.500%, 05/29/2026 (A) | 32 | 32 |
| &nbsp;&nbsp;&nbsp;Peraton Corp, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.821%, 02/01/2028 (A) | 87 | 85 |
| &nbsp;&nbsp;&nbsp;Phoenix Guarantor Inc., Tranche B-1 Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.321%, LIBOR + 3.250%, 03/05/2026 (A) | 58 | 55 |
| &nbsp;&nbsp;&nbsp;Pilot Travel Centers LLC, Initial Tranche B Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.187%, 08/04/2028 (A) | 59 | 58 |
| &nbsp;&nbsp;&nbsp;Prime Security Services Borrower, LLC, Refinancing Term B-1 Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.504%, 09/23/2026 (A)(H) | 92 | 90 |

---

------

SEI Catholic Values Trust / Quarterly Report / November 30, 2022

**SCHEDULE OF INVESTMENTS (Unaudited)** 

November 30, 2022

**Catholic Values Fixed Income Fund** 

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** | **LOAN PARTICIPATIONS (continued)** |
| &nbsp;&nbsp;&nbsp;Quikrete Holding, Term Loan B, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.071%, 06/11/2028 (A) | $30 | $29 |
| &nbsp;&nbsp;&nbsp;Rackspace Technology Global, Inc. Term B Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.380%, 02/15/2028 (A)(H) | 49 | 33 |
| &nbsp;&nbsp;&nbsp;Seattle SpinCo, Inc., Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.821%, LIBOR + 2.500%, 06/21/2024 (A) | 5 | 5 |
| &nbsp;&nbsp;&nbsp;Setanta Aircraft, Term Loan B, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.674%, 11/05/2028  | 80 | 79 |
| &nbsp;&nbsp;&nbsp;Sotera, Health Holdings, LLC, Refinancing Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.165%, 12/11/2026 (A) | 90 | 84 |
| &nbsp;&nbsp;&nbsp;Terrier Media Buyer, Term B Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.571%, 12/17/2026 (A) | 39 | 36 |
| &nbsp;&nbsp;&nbsp;Transdigm Inc |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.924%, 12/09/2025 (A) | 10 | 10 |
| &nbsp;&nbsp;&nbsp;Triton Water, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.174%, 03/31/2028 (A) | 59 | 55 |
| &nbsp;&nbsp;&nbsp;UFC Holdings, LLC, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.110%, 04/29/2026  | 26 | 26 |
| &nbsp;&nbsp;&nbsp;United Airlines Inc., 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.108%, 04/21/2028 (A) | 69 | 68 |
| &nbsp;&nbsp;&nbsp;Univision, Cov-Lite, Term Loan B, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.321%, 03/15/2026 (A) | 37 | 36 |
| &nbsp;&nbsp;&nbsp;Verscend, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.071%, 08/27/2025  | 49 | 49 |
| &nbsp;&nbsp;&nbsp;VFH Parent LLC, Initial Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.011%, 01/13/2029 (A) | 30 | 29 |
| &nbsp;&nbsp;&nbsp;Virgin Media Bristol LLC, N Facility, Term Loan, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.373%, LIBOR + 2.500%, 01/31/2028 (A) | 105 | 103 |
| &nbsp;&nbsp;&nbsp;XPO Logistics, Inc., Refinancing Term Loan (2018) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.597%, LIBOR + 0.053%, 02/24/2025 (A) | 40 | 40 |
| &nbsp;&nbsp;&nbsp;Zebra Buyer LLC, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.313%, 11/01/2028 (A) | 31 | 30 |
| &nbsp;&nbsp;&nbsp;Ziggo Financing Partnership, Term Loan I Facility, 1st Lien |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.373%, LIBOR + 2.500%, 04/30/2028 (A) | 80 | 78 |
| Total Loan Participations |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $3,733) ($ Thousands) |  | 3569 |

---

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **MUNICIPAL BONDS — 1.0%** | **MUNICIPAL BONDS — 1.0%** | **MUNICIPAL BONDS — 1.0%** |
| **California — 0.2%** | **California — 0.2%** |  |
| &nbsp;&nbsp;&nbsp;California State, Build America, GO  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.500%, 04/01/2034  | $280 | $345 |
| **Colorado — 0.1%** | **Colorado — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;City & County of Denver, Airport System Revenue, Ser C, RB  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.722%, 11/15/2027  | 190 | 165 |
| **Illinois — 0.2%** | **Illinois — 0.2%** |  |
| &nbsp;&nbsp;&nbsp;Chicago, Metropolitan Water Reclamation District, GO  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.720%, 12/01/2038  | 345 | 375 |
| **Massachusetts — 0.2%** | **Massachusetts — 0.2%** |  |
| &nbsp;&nbsp;&nbsp;Massachusetts Educational Financing Authority RB, Ser A  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.141%, 07/01/2027  | 285 | 272 |
| **Michigan — 0.1%** | **Michigan — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;Michigan State University RB, Ser A  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.165%, 08/15/2122  | 100 | 73 |
| &nbsp;&nbsp;&nbsp;Michigan State, Finance Authority, RB  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.366%, 09/01/2049 (A) | 220 | 216 |
|  |  | 289 |
| **New York — 0.2%** | **New York — 0.2%** |  |
| &nbsp;&nbsp;&nbsp;New York State, Urban Development, RB  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.770%, 03/15/2039  | 275 | 285 |
| Total Municipal Bonds |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $1,877) ($ Thousands) |  | 1731 |
| **SOVEREIGN DEBT — 0.9%** | **SOVEREIGN DEBT — 0.9%** | **SOVEREIGN DEBT — 0.9%** |
| &nbsp;&nbsp;&nbsp;Argentine Republic Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.875%, 07/09/2029(D) | 20 | 5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.625%, 07/09/2023(D) | 136 | 32 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.000%, 07/09/2029 | 14 | 4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.750%, 07/09/2023(D) | 204 | 52 |
| &nbsp;&nbsp;&nbsp;Brazilian Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.750%, 01/14/2050 | 200 | 145 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 01/13/2028 | 290 | 278 |
| &nbsp;&nbsp;&nbsp;Colombia Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 02/26/2044 | 200 | 142 |
| &nbsp;&nbsp;&nbsp;Mexico Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.600%, 02/10/2048 | 230 | 185 |
| &nbsp;&nbsp;&nbsp;Nigeria Government International Bond MTN |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.500%, 11/28/2027(C) | 200 | 160 |

---

------

SEI Catholic Values Trust / Quarterly Report / November 30, 2022

**SCHEDULE OF INVESTMENTS (Unaudited)** 

November 30, 2022

**Catholic Values Fixed Income Fund** 

---

| | | |
|:---|:---|:---|
| Description | Face Amount <br> (Thousands) | Market Value<br> ($ Thousands) |
| **SOVEREIGN DEBT (continued)** | **SOVEREIGN DEBT (continued)** | **SOVEREIGN DEBT (continued)** |
| &nbsp;&nbsp;&nbsp;Peruvian Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.625%, 11/18/2050 | $70 | $70 |
| &nbsp;&nbsp;&nbsp;Provincia de Buenos Aires MTN |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.375%, 09/01/2023(C)(D) | 217 | 72 |
| &nbsp;&nbsp;&nbsp;South Africa Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.300%, 10/12/2028 | 200 | 181 |
| &nbsp;&nbsp;&nbsp;Uruguay Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.750%, 10/28/2034 | 150 | 163 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.375%, 01/23/2031 | 40 | 40 |
| Total Sovereign Debt | Total Sovereign Debt |  |
| &nbsp;&nbsp;&nbsp;(Cost $1,897) ($ Thousands) | &nbsp;&nbsp;&nbsp;(Cost $1,897) ($ Thousands) | 1529 |

---

---

| | | |
|:---|:---|:---|
| Description | <br> Shares | Market Value<br> ($ Thousands) |
| **CASH EQUIVALENT — 3.0%** | **CASH EQUIVALENT — 3.0%** | **CASH EQUIVALENT — 3.0%** |
| &nbsp;&nbsp;&nbsp;SEI Daily Income Trust, Government Fund, Cl F |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.370%\*\*<sup>†</sup> | 5060414 | $5060 |
| Total Cash Equivalent |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $5,060) ($ Thousands) |  | 5060 |
| **PURCHASED OPTIONS — 0.0%** | **PURCHASED OPTIONS — 0.0%** | **PURCHASED OPTIONS — 0.0%** |
| Total Purchased Options  |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $23) ($ Thousands) |  | 53 |
| Total Investments in Securities — 105.0% |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $198,678) ($ Thousands)  | &nbsp;&nbsp;&nbsp;(Cost $198,678) ($ Thousands)  | $177053 |
| **WRITTEN OPTIONS — (0.0)%** | **WRITTEN OPTIONS — (0.0)%** | **WRITTEN OPTIONS — (0.0)%** |
| Total Written Options  |  |  |
| &nbsp;&nbsp;&nbsp;(Premiums Received $61) ($ Thousands) |  | $(78) |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| A list of the open options contracts held by the Fund at November 30, 2022, are as follows: | A list of the open options contracts held by the Fund at November 30, 2022, are as follows: | A list of the open options contracts held by the Fund at November 30, 2022, are as follows: |  |  |  |
| **Description** | **Number of Contracts** | **Notional Amount<br> (Thousands)** | **Exercise Price** | **Expiration Date** | **Value<br> (Thousands)** |
| **PURCHASED OPTIONS — 0.0%** | **PURCHASED OPTIONS — 0.0%** |  |  |  |  |
| **Call Options** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;January 2023, U.S. 10 Year Future Option | 13 | $1430 | $110.00 | 12/17/2022 | $46 |
| &nbsp;&nbsp;&nbsp;January 2023, U.S. 10 Year Future Option | 4 | 452 | 113.00 | 12/17/2022 | 5 |
| &nbsp;&nbsp;&nbsp;January 2023, U.S. 10 Year Future Option | 2 | 227 | 113.50 | 12/17/2022 | 2 |
|  |  | 2109 |  |  | 53 |
| &nbsp;&nbsp;&nbsp;Total Purchased Options |  | $2109 |  |  | $53 |
| **WRITTEN OPTIONS — 0.0%** | **WRITTEN OPTIONS — 0.0%** |  |  |  |  |
| **Put Options** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;January 2023, U.S. 5 Year Future Option | (13) | $(1381) | 106.25 | 12/17/22 | $(1) |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Call Options** | | | | | |
| &nbsp;&nbsp;&nbsp;January 2023, U.S. 10 Year Future Option | (34) | $(3791) | 111.50 | 12/17/22 | $(77) |
| &nbsp;&nbsp;&nbsp;Total Written Options |  | $(5172) |  |  | $(78) |

---

A list of the open futures contracts held by the Fund at November 30, 2022, are as follows:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type of Contract** | **Number of<br> Contracts** | **Expiration Date** | **Notional Amount (Thousands)** | **Value (Thousands)** | **Unrealized Appreciation/ (Depreciation) (Thousands)** |
| Long Contracts |  |  |  |  |  |
| &nbsp;&nbsp;U.S. 5-Year Treasury Note | 42 | Mar-2023 | $4543 | $4560 | $17 |
| &nbsp;&nbsp;U.S. 10-Year Treasury Note | 118 | Mar-2023 | 13363 | 13393 | 30 |
| &nbsp;&nbsp;U.S. Long Treasury Bond | 13 | Mar-2023 | 1637 | 1652 | 15 |
| &nbsp;&nbsp;U.S. Ultra Long Treasury Bond | 16 | Mar-2023 | 2157 | 2181 | 24 |
|  |  |  | 21700 | 21786 | 86 |
| Short Contracts |  |  |  |  |  |
| &nbsp;&nbsp;U.S. 2-Year Treasury Note | (2) | Mar-2023 | $(410) | $(411) | $(1) |
|  |  |  | $21290 | $21375 | $85 |

---

A list of the open forward foreign currency contracts held by the Fund at November 30, 2022, is as follows:

------

SEI Catholic Values Trust / Quarterly Report / November 30, 2022

**SCHEDULE OF INVESTMENTS (Unaudited)** 

November 30, 2022

**Catholic Values Fixed Income Fund** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Counterparty** | **Settlement Date** | **Currency to Deliver<br> (Thousands)** | **Currency to Deliver<br> (Thousands)** | **Currency to Receive<br> (Thousands)** | **Currency to Receive<br> (Thousands)** | **Unrealized Appreciation<br> (Depreciation)<br> (Thousands)** |
| Citigroup | 01/18/23 | EUR | 112 | USD | 113 | $(6) |
| Citigroup | 01/18/23 | USD | 131 | ZAR | 2370 | 15 |
| Citigroup | 01/18/23 | CAD | 318 | USD | 232 | (6) |
| Citigroup | 01/18/23 | EUR | 377 | NOK | 3944 | 13 |
| Citigroup | 01/18/23 | USD | 469 | GBP | 409 | 38 |
| Citigroup | 01/18/23 | USD | 645 | IDR | 9959840 | (22) |
| Citigroup | 01/18/23 | USD | 716 | AUD | 1105 | 50 |
| Citigroup | 01/18/23 | USD | 800 | JPY | 114451 | 53 |
| Citigroup | 01/18/23 | USD | 1909 | CAD | 2620 | 50 |
| Citigroup | 01/18/23 | CNH | 3033 | USD | 429 | (1) |
| Citigroup | 01/18/23 | JPY | 34044 | USD | 238 | (15) |
|  |  |  |  |  |  | $169 |

---

------

SEI Catholic Values Trust / Quarterly Report / November 30, 2022

**SCHEDULE OF INVESTMENTS (Unaudited)** 

November 30, 2022

**Catholic Values Fixed Income Fund** 

A list of the open centrally cleared swap agreements held by the Fund at November 30, 2022, is as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Interest Rate Swaps** | **Interest Rate Swaps** | **Interest Rate Swaps** | **Interest Rate Swaps** | **Interest Rate Swaps** | **Interest Rate Swaps** | **Interest Rate Swaps** | **Interest Rate Swaps** | **Interest Rate Swaps** |
| **Fund Pays** | **Fund Receives** | **Payment Frequency** | **Termination Date** | **Currency** | **Notional Amount<br> (Thousands)** | **Value<br> (Thousands)** | **Upfront Payments/ Receipts<br> (Thousands)** | **Net Unrealized<br> Appreciation<br> (Depreciation)<br> (Thousands)** |
| 1.65% | USD-SOFR-OIS-COMPOUND | Annually | 08/15/2047 | USD | 377 | $100 | $37 | $63 |
| 2.50% | USD_SOFR _OIS COMPOUND | Annually | 04/21/2052 | USD | 290 | 34 |  | 34 |
| 2.00% | USD SOFR- OIS COMPOUND | Annually | 03/18/2032 | USD | 500 | 55 | 3 | 52 |
| 0.56% | SOFR | Annually | 07/20/2045 | USD | 800 | 343 | 5 | 338 |
| 1.13% | SOFR | Annually | 08/15/2028 | USD | 1960 | 239 | 12 | 227 |
| 1.22% | SOFR | Annually | 08/15/2028 | USD | 736 | 86 |  | 86 |
| FIXED 2.85% | USD_SOFR _OIS COMPOUND | Annually | 02/15/2029 | USD | 517 | 18 | 2 | 16 |
| 3.27% | USD_SOFR _OIS COMPOUND | Annually | 04/30/2029 | USD | 2150 | 25 | (12) | 37 |
| 3.85% FIXED | USD-SOFR-OIS COMPOUND | Annually | 06/30/2029 | USD | 2094 | (48) | 1 | (49) |
| 1.50% | SOFR | Annually | 02/15/2047 | USD | 175 | 50 | 1 | 49 |
| 1.52% | SOFR | Annually | 02/15/2047 | USD | 268 | 76 | (9) | 85 |
| 3-MONTH USD - LIBOR | 2.00% | Quarterly | 02/15/2047 | USD | 376 | 94 | 5 | 89 |
| 1.63% | SOFR COMPOUNDING | Annually | 05/15/2047 | USD | 400 | 107 | 16 | 91 |
| 2.62% FIXED | USD_SOFR _OIS COMPOUND | Annually | 02/15/2048 | USD | 600 | 60 | 1 | 59 |
| 2.51% FIXED | USD_SOFR _OIS COMPOUND | Annually | 02/15/2048 | USD | 236 | 28 | 2 | 26 |
| 2.60% FIXED | USD-SOFR-OIS COMPOUND | Annually | 02/15/2048 | USD | 569 | 58 | 39 | 19 |
|  |  |  |  |  |  | $1325 | $103 | $1222 |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Credit Default Swaps - Sell Protection** | **Credit Default Swaps - Sell Protection** | **Credit Default Swaps - Sell Protection** | **Credit Default Swaps - Sell Protection** | **Credit Default Swaps - Sell Protection** | **Credit Default Swaps - Sell Protection** | **Credit Default Swaps - Sell Protection** | |
| **Reference Entity/ Obligation** | **Receive Rate** | **Payment Frequency** | **Termination Date** | **Notional Amount<br> (Thousands)** | **Value<br> (Thousands)** | **Upfront Payments/ Receipts<br> (Thousands)** | **Net Unrealized<br> Appreciation<br> (Depreciation)<br> (Thousands)** |
| CDS-CDX.NA.HY | 5.00% | Quarterly | 12/20/2027 | $294 | $5 | $(13) | $18 |
| CDS-MARKITCDX | 1.00% | Quarterly | 12/20/2027 | 18044 | 192 | (13) | 205 |
|  |  |  |  |  | $197 | $(26) | $223 |

---

------

SEI Catholic Values Trust / Quarterly Report / November 30, 2022

**SCHEDULE OF INVESTMENTS (Unaudited)** 

November 30, 2022

**Catholic Values Fixed Income Fund** 

---

| | |
|:---|:---|
|  | Percentages are based on Net Assets of $168,637 ($ Thousands). |
| \*\* | The rate reported is the 7-day effective yield as of November 30, 2022. |
| <sup>†</sup> | Investment in Affiliated Security (see Note 6). |
| (A) | Variable or floating rate security. The rate shown is the effective interest rate as of period end. The rates on certain securities are not based on published reference rates and spreads and are either determined by the issuer or agent based on current market conditions; by using a formula based on the rates of underlying loans; or by adjusting periodically based on prevailing interest rates. |
| (B) | No interest rate available. |
| (C) | Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration normally to qualified institutions. On November 30, 2022, the value of these securities amounted to $30,571 ($ Thousands), representing 18.1% of the Net Assets of the Fund. |
| (D) | Step coupon security. Coupon rate will either increase (step-up bond) or decrease (step-down bond) at regular intervals until maturity. Interest rate shown reflects the rate currently in effect. |
| (E) | Perpetual security with no stated maturity date. |
| (F) | Zero coupon security.  |
| (G) | Interest rate represents the security's effective yield at the time of purchase. |
| (H) | Unsettled bank loan. Interest rate may not be available. |

---

---

| |
|:---|
| ARM — Adjustable Rate Mortgage |
| AUD — Australian Dollar |
| CAD — Canadian Dollar |
| CATO — CatoCoin |
| CDX —Credit Default Swap Index |
| Cl — Class |
| CLO — Collateralized Loan Obligation |
| CMO — Collateralized Mortgage Obligation |
| CNH — Chinese Yuan offshore |
| DAC — Designated Activity Company |
| EUR — Euro |
| FHLMC — Federal Home Loan Mortgage Corporation |
| FNMA — Federal National Mortgage Association |
| FRESB — Freddie Mac Small Balance Mortgage Trust |
| GBP — British Pound Sterling |
| GNMA — Government National Mortgage Association |
| GO — General Obligation |
| HY — High Yield |
| ICE— Intercontinental Exchange |
| IDR — Indonesian Rupiah |
| IO — Interest Only — face amount represents notional amount. |
| JPY — Japanese Yen |
| LIBOR— London Interbank Offered Rate |
| LLC — Limited Liability Company |
| MTN — Medium Term Note |
| NOK — Norwegian Krone |
| RB — Revenue Bond |
| REMIC — Real Estate Mortgage Investment Conduit |
| Ser — Series |
| SOFR — Secured Overnight Financing Rate |
| STACR — Structured Agency Credit Risk |
| TBA — To Be Announced |
| USD — U.S. Dollar |
| ZAR — South African Rand |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| The following is a summary of the level of inputs used as of November 30, 2022, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of November 30, 2022, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of November 30, 2022, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of November 30, 2022, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): | The following is a summary of the level of inputs used as of November 30, 2022, in valuing the Fund's investments and other financial instruments carried at value ($ Thousands): |
| **Investments in Securities** | **Level 1<br> ($)** | **Level 2<br> ($)** | **Level 3<br> ($)** | **Total<br> ($)** |
| &nbsp;&nbsp;&nbsp;Mortgage-Backed Securities |  | 57278 |  | 57278 |
| &nbsp;&nbsp;&nbsp;Corporate Obligations |  | 54977 |  | 54977 |
| &nbsp;&nbsp;&nbsp;U.S. Treasury Obligations |  | 37606 |  | 37606 |
| &nbsp;&nbsp;&nbsp;Asset-Backed Securities |  | 15250 |  | 15250 |
| &nbsp;&nbsp;&nbsp;Loan Participations |  | 3569 |  | 3569 |
| &nbsp;&nbsp;&nbsp;Municipal Bonds |  | 1731 |  | 1731 |
| &nbsp;&nbsp;&nbsp;Sovereign Debt |  | 1529 |  | 1529 |
| &nbsp;&nbsp;&nbsp;Cash Equivalent | 5060 |  |  | 5060 |
| &nbsp;&nbsp;&nbsp;Purchased Options | 53 | – |  | 53 |
| Total Investments in Securities | 5113 | 171940 |  | 177053 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Other Financial Instruments** | **Level 1<br> ($)** | **Level 2<br> ($)** | **Level 3<br> ($)** | **Total<br> ($)** |
| &nbsp;&nbsp;Written Options | (78) |  |  | (78) |
| &nbsp;&nbsp;Futures Contracts\* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Unrealized Appreciation | 86 |  |  | 86 |
| &nbsp;&nbsp;&nbsp;&nbsp;Unrealized Depreciation | (1) |  |  | (1) |
| &nbsp;&nbsp;Forwards Contracts\* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Unrealized Appreciation |  | 219 |  | 219 |
| &nbsp;&nbsp;&nbsp;&nbsp;Unrealized Depreciation |  | (50) |  | (50) |
| &nbsp;&nbsp;Centrally Cleared Swaps |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Credit Default Swaps\* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unrealized Appreciation |  | 223 |  | 223 |
| &nbsp;&nbsp;&nbsp;&nbsp;Interest Rate Swaps\* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unrealized Appreciation |  | 1271 |  | 1271 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unrealized Depreciation | – | (49) |  | (49) |
| Total Other Financial Instruments | 7 | 1614 |  | 1621 |

---

\* Futures contracts, forward contracts and swap contracts are valued at the unrealized appreciation (depreciation) on the instrument.

For the period ended November 30, 2022, there were no transfers in or out of Level 3 investments.

For information regarding the Fund's policy regarding valuation of investments and other significant accounting policies, please refer to the Fund's most recent semi-annual and annual financial statements.

------

SEI Catholic Values Trust / Quarterly Report / November 30, 2022

**SCHEDULE OF INVESTMENTS (Unaudited)** 

November 30, 2022

**Catholic Values Fixed Income Fund** (Concluded)

The following is a summary of the transactions with affiliates for the period ended November 30, 2022 ($ Thousands):

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Security Description**  | **Value** <br>**2/28/2022** | **Purchases at Cost**  | **Proceeds from Sales**  | **Realized Gain/(Loss)** | **Change in Unrealized Appreciation/(Depreciation)**  | **Value 2/28/22** | **Income**  | **Capital Gains** |
| SEI Daily Income Trust, Government Fund, Cl F | $&nbsp;&nbsp;&nbsp;&nbsp;2126 | $&nbsp;&nbsp;&nbsp;&nbsp;50257 | $&nbsp;&nbsp;&nbsp;&nbsp;(47323) | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$— | $&nbsp;&nbsp;&nbsp;&nbsp;5060 | $&nbsp;&nbsp;&nbsp;&nbsp;38 | &nbsp;&nbsp;&nbsp;&nbsp;$— |

---

Amounts designated as "—" are $0 or have been rounded to $0.

------

SEI Catholic Values Trust / Quarterly Report / November 30, 2022

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** SEI CATHOLIC VALUES TRUST

- **b. Investment Company Act file number:** 811-23015

- **c. CIK number of Registrant:** 0001627853

- **d. LEI of Registrant:** 549300HNHS8PWODW1A40

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

  - **Street Address 1:** ONE FREEDOM VALLEY DRIVE

  - **City:** OAKS

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19456

  - **Telephone number:** 8003425734

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

- **a. Name of Series:** Catholic Values Fixed Income Fund

- **b. EDGAR series identifier (if any):** S000048321

- **c. LEI of Series:** 549300PGEESYEMTFDK65

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

- **a. Date of fiscal year-end:** 2023-02-28

- **b. Date as of which information is reported:** 2022-11-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $182651799.96

**Total Liabilities:** $14016489.62

**Net Assets:** $168635310.34

**Cash Not Reported:** $443961.42

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -234.69283948 | **1-Year:** -6916.83230209 | **5-Year:** -19550.37989885 | **10-Year:** -24753.44569036 | **30-Year:** -12253.77005827

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

- **3-Month:** -71.75960792 | **1-Year:** -1917.70001948 | **5-Year:** -4177.16557255 | **10-Year:** -3739.85550559 | **30-Year:** -1078.69552125

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000152592 | 4.16%                | -1.52%               | -4.95%               |
| Class ID C000152593 | 4.16%                | -1.42%               | -5.05%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-538652.56              | $6287104.80                                |
| Month 2  | $-1200903.25             | $-1687706.61                               |
| Month 3  | $-535102.53              | $-7775180.00                               |

**Designated Index Information**

- **Index Name:** Barclays U.S. Aggregate Index

- **Index Identifier:** LEH_AGG

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| EYECARE PARTNERS, LLC                                   | EYECARE PARTNERS, LLC 2/18/2027                                                   | CUSIP: 30233PAB6<br>LEI: N/A                  | Long             | LON              |  | US        |     29296 | PA      | $25252.95     | 0.01%             | 2027-02-18      | Floating      | 7.42%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS SA                                          | BNP PARIBAS SA 144A 2.591000% 01/20/2028                                          | CUSIP: 09659W2T0<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | NUSS              | FR        |    250000 | PA      | $218509.43    | 0.13%             | 2028-01-20      | Fixed         | 2.59%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FM1000                                                         | CUSIP: 3140X4DE3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    205175 | PA      | $184681.73    | 0.11%             | 2047-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AT&T INC.                                               | AT&T INC 5.350000% 09/01/2040                                                     | CUSIP: 04650NAB0<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     21000 | PA      | $20005.20     | 0.01%             | 2040-09-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINANCIAL COMPANY, INC.                  | GENERAL MOTORS FINANCIAL CO INC 2.400000% 10/15/2028                              | CUSIP: 37045XDP8<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    553000 | PA      | $460854.48    | 0.27%             | 2028-10-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2              | GINNIE MAE II POOL G2 MA3736                                                      | CUSIP: 36179SEH6<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     15641 | PA      | $14780.73     | 0.01%             | 2046-06-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORPORATION                                | STATE STREET CORP 3.152000% 03/30/2031                                            | CUSIP: 857477BN2<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |     30000 | PA      | $26420.01     | 0.02%             | 2031-03-30      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN MA4208                                                         | CUSIP: 31418DVA7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    158745 | PA      | $131429.77    | 0.08%             | 2050-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                           | FORD MOTOR CREDIT CO LLC 2.900000% 02/10/2029                                     | CUSIP: 345397B93<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    220000 | PA      | $181403.20    | 0.11%             | 2029-02-10      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC POOL FR SD7548                                                        | CUSIP: 3132DVL52<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    513048 | PA      | $445801.01    | 0.26%             | 2051-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                       | NATWEST GROUP PLC 3.073000% 05/22/2028                                            | CUSIP: 780097BP5<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | NUSS              | GB        |    200000 | PA      | $177057.04    | 0.10%             | 2028-05-22      | Fixed         | 3.07%                 | No            |                  2 | On Loan: No      |
| VANTAGE DATA CENTERS ISSUER LLC                         | VANTAGE DATA CENTERS ISSUER LLC VDC 2019-1A A2                                    | CUSIP: 92212KAA4<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    259290 | PA      | $244155.90    | 0.14%             | 2044-07-15      | Fixed         | 3.19%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION BRANDS, INC.                              | CONSTELLATION BRANDS INC 4.350000% 05/09/2027                                     | CUSIP: 21036PBK3<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19545.85     | 0.01%             | 2027-05-09      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC POOL FR SD7548                                                        | CUSIP: 3132DVL52<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    461374 | PA      | $400900.20    | 0.24%             | 2051-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MORTGAGE REPURCHASE AGREEMENT FINANCING TRUST II        | MORTGAGE REPURCHASE AGREEMENT FINANCING TRUST II S MRAFT 2022-S1 A1               | CUSIP: 61916TAE1<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    120000 | PA      | $119375.16    | 0.07%             | 2025-03-30      | Floating      | 5.19%                 | Yes           |                  2 | On Loan: No      |
| MARS, INCORPORATED                                      | MARS INC 144A 3.200000% 04/01/2030                                                | CUSIP: 571676AB1<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9024.04      | 0.01%             | 2030-04-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN CA3641                                                         | CUSIP: 3140QBBK3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    149708 | PA      | $143452.89    | 0.09%             | 2049-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TIME WARNER CABLE ENTERPRISES LLC                       | TIME WARNER CABLE ENTERPRISES LLC 8.375000% 07/15/2033                            | CUSIP: 88731EAJ9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $56104.27     | 0.03%             | 2033-07-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN MORTGAGE TRUST                              | JP MORGAN MORTGAGE TRUST 2005-S2 JPMMT 2005-S2 2A15                               | CUSIP: 466247VH3<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |     88160 | PA      | $64284.67     | 0.04%             | 2035-09-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SMALL BUSINESS ADMINISTRATION GTD                       | UNITED STATES SMALL BUSINESS ADMINISTRATION SBAP 2013-20G 1                       | CUSIP: 83162CVR1<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    331618 | PA      | $315056.17    | 0.19%             | 2033-07-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN AL3000                                                         | CUSIP: 3138EKKN4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    108179 | PA      | $102008.13    | 0.06%             | 2042-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| APPLE INC.                                              | APPLE INC 3.200000% 05/13/2025                                                    | CUSIP: 037833BG4<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |     80000 | PA      | $77729.82     | 0.05%             | 2025-05-13      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY OF MIAMI                                     | UNIVERSITY OF MIAMI 4.063000% 04/01/2052                                          | CUSIP: 914453AA3<br>LEI: 5493008ZSVWUNRYQE312 | Long             | DBT              | CORP              | US        |    189000 | PA      | $157074.89    | 0.09%             | 2052-04-01      | Fixed         | 4.06%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN AM8674                                                         | CUSIP: 3138L9T85<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     40000 | PA      | $38293.32     | 0.02%             | 2025-04-01      | Fixed         | 2.81%                 | No            |                  2 | On Loan: No      |
| U.S. DOLLARS                                            | FX Forward Contract: USD/EUR SETTLE 2023-01-18                                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $-3036.85     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| WarnerMedia Holdings, Inc.                              | WARNERMEDIA HOLDINGS INC 144A 4.279000% 03/15/2032                                | CUSIP: 55903VAL7<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    140000 | PA      | $118859.88    | 0.07%             | 2032-03-15      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| UFC HOLDINGS, LLC                                       | UFC HOLDINGS, LLC 4/29/2026                                                       | CUSIP: 90266UAJ2<br>LEI: N/A                  | Long             | LON              |  | US        |     26196 | PA      | $25719.08     | 0.02%             | 2026-04-29      | Floating      | 7.11%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2              | GINNIE MAE II POOL G2 MA5135                                                      | CUSIP: 36179TV44<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    190781 | PA      | $174299.02    | 0.10%             | 2048-04-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC POOL FR ZT1257                                                        | CUSIP: 3132ADME5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     49928 | PA      | $45816.19     | 0.03%             | 2046-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE OR FREDDIE MAC 30YR TBA (FEBRUARY)                                     | CUSIP: 01F052623<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    100000 | PA      | $101006.31    | 0.06%             | 2053-02-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS INC.                             | VERIZON COMMUNICATIONS INC 4.862000% 08/21/2046                                   | CUSIP: 92343VCK8<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     30000 | PA      | $27387.98     | 0.02%             | 2046-08-21      | Fixed         | 4.86%                 | No            |                  2 | On Loan: No      |
| BANQUE CANADIENNE IMPERIALE DE COMMERCE                 | CANADIAN IMPERIAL BANK OF COMMERCE 0.950000% 06/23/2023                           | CUSIP: 13607GRK2<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | NUSS              | CA        |     40000 | PA      | $39121.15     | 0.02%             | 2023-06-23      | Fixed         | 0.95%                 | No            |                  2 | On Loan: No      |
| JANE STREET GROUP, LLC                                  | JANE STREET GROUP, LLC 1/26/2028                                                  | CUSIP: 47077DAG5<br>LEI: N/A                  | Long             | LON              |  | US        |     48092 | PA      | $46672.19     | 0.03%             | 2028-01-26      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| United States of America                                | US TREASURY N/B 2.000000% 11/15/2041                                              | CUSIP: 912810TC2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    120000 | PA      | $87398.44     | 0.05%             | 2041-11-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| PIONEER NATURAL RESOURCES COMPANY                       | PIONEER NATURAL RESOURCES CO 2.150000% 01/15/2031                                 | CUSIP: 723787AR8<br>LEI: FY8JBF7CCL2VE4F1B628 | Long             | DBT              | CORP              | US        |     50000 | PA      | $40371.25     | 0.02%             | 2031-01-15      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FS0734                                                         | CUSIP: 3140XFY88<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     95720 | PA      | $79369.95     | 0.05%             | 2052-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| United States of America                                | US 2YR NOTE (CBT) MAR23 FINANCIAL COMMODITY FUTURE.                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |        -2 | NC      | $-410718.75   | -0.24%            |  |  |  | No            |                  1 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC GOLD POOL FG C91981                                                   | CUSIP: 3128P8FW6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     20663 | PA      | $19348.73     | 0.01%             | 2038-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| THE WILLIAMS COMPANIES, INC.                            | WILLIAMS COS INC/THE 7.500000% 01/15/2031                                         | CUSIP: 969457BB5<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |     10000 | PA      | $11033.66     | 0.01%             | 2031-01-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL REALTY OP LP                                    | FEDERAL REALTY INVESTMENT TRUST 1.250000% 02/15/2026                              | CUSIP: 313747BB2<br>LEI: 549300LI6XZ51GOCJ427 | Long             | DBT              | CORP              | US        |    233000 | PA      | $206326.21    | 0.12%             | 2026-02-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN AL8936                                                         | CUSIP: 3138ET4W3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     63321 | PA      | $63481.58     | 0.04%             | 2046-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC POOL FR SD7543                                                        | CUSIP: 3132DVLY9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    493123 | PA      | $426738.84    | 0.25%             | 2051-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FOCUS FINANCIAL PARTNERS, LLC                           | FOCUS FINANCIAL PARTNERS, LLC 7/3/2024                                            | CUSIP: 34416DAT5<br>LEI: N/A                  | Long             | LON              |  | US        |     48433 | PA      | $48337.61     | 0.03%             | 2024-07-03      | Floating      | 5.75%                 | No            |                  2 | On Loan: No      |
| SMALL BUSINESS ADMINISTRATION GTD                       | UNITED STATES SMALL BUSINESS ADMINISTRATION SBAP 2022-25G 1                       | CUSIP: 83162CQ22<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    459000 | PA      | $441387.21    | 0.26%             | 2047-07-01      | Fixed         | 3.93%                 | No            |                  2 | On Loan: No      |
| FREEPORT-MCMORAN INC.                                   | FREEPORT-MCMORAN INC 5.450000% 03/15/2043                                         | CUSIP: 35671DBC8<br>LEI: 549300IRDTHJQ1PVET45 | Long             | DBT              | CORP              | US        |    140000 | PA      | $125518.40    | 0.07%             | 2043-03-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN AS7313                                                         | CUSIP: 3138WHDT6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    117349 | PA      | $109889.64    | 0.07%             | 2046-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FM6780                                                         | CUSIP: 3140XARA2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     77366 | PA      | $67221.79     | 0.04%             | 2051-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN BD3715                                                         | CUSIP: 3140FBDV9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    184448 | PA      | $170473.98    | 0.10%             | 2046-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FM6555                                                         | CUSIP: 3140XAH96<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     86516 | PA      | $71584.11     | 0.04%             | 2051-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                      | ENERGY TRANSFER LP 3.750000% 05/15/2030                                           | CUSIP: 29278NAQ6<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    110000 | PA      | $97502.64     | 0.06%             | 2030-05-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN BQ4821                                                         | CUSIP: 3140KQLB5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    142873 | PA      | $124353.38    | 0.07%             | 2050-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS INC.                             | VERIZON COMMUNICATIONS INC 2.875000% 11/20/2050                                   | CUSIP: 92343VFU3<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     10000 | PA      | $6437.42      | 0.00%             | 2050-11-20      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| AIR CANADA 2015-1 PASS THROUGH TRUST                    | AIR CANADA 2015-1 CLASS A PASS THROUGH TRUST 144A 3.600000% 03/15/2027            | CUSIP: 009090AA9<br>LEI: N/A                  | Long             | DBT              | NUSS              | CA        |    206591 | PA      | $186404.63    | 0.11%             | 2027-03-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FS1074                                                         | CUSIP: 3140XGFQ7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    189146 | PA      | $169618.81    | 0.10%             | 2052-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC REMICS FHR 5230 PE                                                    | CUSIP: 3137H7XD0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    100000 | PA      | $79009.30     | 0.05%             | 2051-12-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| US 10YR FUT OPTN  Jan23C 111.5                          | US 10YR FUT OPTN  Jan23C 111.5 SHORT                                              | CUSIP: 018YVNJG1<br>LEI: N/A                  | N/A              | DIR              |  | US        |       -34 | NC      | $-77031.25    | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC GOLD POOL FG Q45737                                                   | CUSIP: 3132WKLT3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     42012 | PA      | $37950.14     | 0.02%             | 2047-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                      | ENERGY TRANSFER LP 4.950000% 06/15/2028                                           | CUSIP: 29278NAF0<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19346.73     | 0.01%             | 2028-06-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATING COMPANY INC.                  | HILTON DOMESTIC OPERATING CO INC 144A 5.750000% 05/01/2028                        | CUSIP: 432833AH4<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19605.60     | 0.01%             | 2028-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CTR PARTNERSHIP, L.P.                                   | CTR PARTNERSHIP LP / CARETRUST CAPITAL CORP 144A 3.875000% 06/30/2028             | CUSIP: 126458AE8<br>LEI: 254900L7G64R08G6RJ22 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8543.00      | 0.01%             | 2028-06-30      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| APPLE INC.                                              | APPLE INC 1.125000% 05/11/2025                                                    | CUSIP: 037833DT4<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |     40000 | PA      | $36957.96     | 0.02%             | 2025-05-11      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN BF0104                                                         | CUSIP: 3140FXDJ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     40133 | PA      | $38766.30     | 0.02%             | 2056-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AT&T INC.                                               | AT&T INC 2.250000% 02/01/2032                                                     | CUSIP: 00206RKH4<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     50000 | PA      | $39619.22     | 0.02%             | 2032-02-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| COMCAST CORPORATION                                     | COMCAST CORP 4.000000% 08/15/2047                                                 | CUSIP: 20030NBZ3<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8183.59      | 0.00%             | 2047-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC POOL FR RA4703                                                        | CUSIP: 3133KLGL5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     83781 | PA      | $70038.02     | 0.04%             | 2051-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE REMICS FNR 2020-56 AQ                                                  | CUSIP: 3136BBME9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    200000 | PA      | $159118.06    | 0.09%             | 2050-08-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Coterra Energy Inc.                                     | COTERRA ENERGY INC 144A 3.900000% 05/15/2027                                      | CUSIP: 127097AE3<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | DBT              | CORP              | US        |     80000 | PA      | $75489.15     | 0.04%             | 2027-05-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| AUSTRALIAN DOLLAR                                       | FX Forward Contract: AUD/USD SETTLE 2023-01-18                                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | AU        |         1 | NC      | $24917.90     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| NEW YORK ST URBAN DEV CORP REV                          | NEW YORK ST URBAN DEV CORP REV NEW YORK STATE URBAN DEVELOPMENT CORP              | CUSIP: 650035TD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $284880.97    | 0.17%             | 2039-03-15      | Fixed         | 5.77%                 | No            |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST                            | BX 2022-MVRK MORTGAGE TRUST BX 2022-MVRK A                                        | CUSIP: 05610JAA7<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    170000 | PA      | $164110.08    | 0.10%             | 2039-03-15      | Floating      | 5.28%                 | Yes           |                  2 | On Loan: No      |
| SCHLUMBERGER HOLDINGS CORPORATION                       | SCHLUMBERGER HOLDINGS CORP 144A 3.900000% 05/17/2028                              | CUSIP: 806851AK7<br>LEI: 529900IKZG65COT1D505 | Long             | DBT              | CORP              | US        |    441000 | PA      | $416282.17    | 0.25%             | 2028-05-17      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH INBEV WORLDWIDE INC.                     | ANHEUSER-BUSCH INBEV WORLDWIDE INC 4.500000% 06/01/2050                           | CUSIP: 035240AT7<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | BE        |     50000 | PA      | $45205.77     | 0.03%             | 2050-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA, INC.                                      | T-MOBILE USA INC 144A 3.500000% 04/15/2031                                        | CUSIP: 87264ACE3<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |     30000 | PA      | $26123.42     | 0.02%             | 2031-04-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION BRANDS, INC.                              | CONSTELLATION BRANDS INC 3.600000% 05/09/2024                                     | CUSIP: 21036PBM9<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29409.25     | 0.02%             | 2024-05-09      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| WFRBS COMMERCIAL MORTGAGE TRUST                         | WFRBS COMMERCIAL MORTGAGE TRUST 2014-C24 WFRBS 2014-C24 A5                        | CUSIP: 92939KAE8<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    442000 | PA      | $424206.72    | 0.25%             | 2047-11-15      | Fixed         | 3.61%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH, INC.                                   | ELEVANCE HEALTH INC 3.650000% 12/01/2027                                          | CUSIP: 036752AB9<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |     30000 | PA      | $28529.24     | 0.02%             | 2027-12-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN AS0038                                                         | CUSIP: 3138W9BG4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     21397 | PA      | $19651.98     | 0.01%             | 2043-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC GOLD POOL FG G60587                                                   | CUSIP: 31335AUL0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    111555 | PA      | $108862.69    | 0.06%             | 2046-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2022-3 IO                            | CUSIP: 38381ETV0<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    295445 | PA      | $16568.24     | 0.01%             | 2061-02-16      | Floating      | 0.64%                 | No            |                  2 | On Loan: No      |
| CSMC TRUST                                              | CREDIT SUISSE MORTGAGE CAPITAL CERTIFICATES 2019-I CSMC 2019-ICE4 F               | CUSIP: 12653VAL0<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    190000 | PA      | $181998.42    | 0.11%             | 2036-05-15      | Floating      | 6.53%                 | No            |                  2 | On Loan: No      |
| THE BANK OF NOVA SCOTIA                                 | BANK OF NOVA SCOTIA/THE 1.300000% 06/11/2025                                      | CUSIP: 064159VL7<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | NUSS              | CA        |     40000 | PA      | $36566.88     | 0.02%             | 2025-06-11      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| U.S. DOLLARS                                            | FX Forward Contract: USD/JPY SETTLE 2023-01-18                                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $-7406.99     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CHENIERE ENERGY PARTNERS, L.P.                          | CHENIERE ENERGY PARTNERS LP 4.000000% 03/01/2031                                  | CUSIP: 16411QAK7<br>LEI: 5493005UEC8AZ34LDV29 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8737.50      | 0.01%             | 2031-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HP INC.                                                 | HP INC 4.750000% 01/15/2028                                                       | CUSIP: 40434LAM7<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | DBT              | CORP              | US        |    186000 | PA      | $180798.83    | 0.11%             | 2028-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| QUIKRETE HOLDINGS, INC.                                 | QUIKRETE HOLDINGS, INC. 6/11/2028                                                 | CUSIP: 74839XAG4<br>LEI: N/A                  | Long             | LON              |  | US        |     29850 | PA      | $29364.94     | 0.02%             | 2028-06-11      | Floating      | 6.75%                 | No            |                  2 | On Loan: No      |
| BRK: UBS                                                | BRK: UBS PAY: 0.56%                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | XX        |    800000 | NC      | $343130.96    | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| TELEFONICA EMISIONES, S.A.U.                            | TELEFONICA EMISIONES SA 5.213000% 03/08/2047                                      | CUSIP: 87938WAU7<br>LEI: 549300Y5MFC4SW5Z3K71 | Long             | DBT              | NUSS              | ES        |    150000 | PA      | $122563.70    | 0.07%             | 2047-03-08      | Fixed         | 5.21%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC GOLD POOL FG G60722                                                   | CUSIP: 31335AYT9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    437558 | PA      | $395966.55    | 0.23%             | 2046-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| United States of America                                | TREASURY BILL 0.000000% 12/27/2022                                                | CUSIP: 912796ZA0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    430000 | PA      | $428791.94    | 0.25%             | 2022-12-27      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FORD CREDIT AUTO OWNER TRUST                            | FORD CREDIT AUTO OWNER TRUST 2020-REV1 FORDR 2020-1 A                             | CUSIP: 34531NAA4<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    400000 | PA      | $371385.84    | 0.22%             | 2031-08-15      | Fixed         | 2.04%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2              | GINNIE MAE II POOL 30YR TBA (DECEMBER)                                            | CUSIP: 21H0406C2<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    100000 | PA      | $95449.22     | 0.06%             | 2052-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING, LLC                   | CHARTER COMMUNICATIONS OPERATING LLC / CHARTER COM 5.500000% 04/01/2063           | CUSIP: 161175CL6<br>LEI: 549300TPZNMN50BJ3745 | Long             | DBT              | CORP              | US        |     30000 | PA      | $24037.09     | 0.01%             | 2063-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN AS8745                                                         | CUSIP: 3138WJWF1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     41287 | PA      | $37320.71     | 0.02%             | 2047-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ALLIED UNIVERSAL HOLDCO LLC                             | ALLIED UNIVERSAL HOLDCO LLC 5/12/2028                                             | CUSIP: 01957TAH0<br>LEI: N/A                  | Long             | LON              |  | US        |     87125 | PA      | $82244.30     | 0.05%             | 2028-05-12      | Floating      | 7.50%                 | No            |                  2 | On Loan: No      |
| BANQUE DE MONTREAL                                      | BANK OF MONTREAL MTN 1.850000% 05/01/2025                                         | CUSIP: 06367WB85<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | NUSS              | CA        |     70000 | PA      | $65415.26     | 0.04%             | 2025-05-01      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC.                                           | BROADCOM INC 4.110000% 09/15/2028                                                 | CUSIP: 11135FAL5<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    237000 | PA      | $221447.07    | 0.13%             | 2028-09-15      | Fixed         | 4.11%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | GINNIE MAE I POOL GN 784369                                                       | CUSIP: 3622A22A9<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    106788 | PA      | $104338.23    | 0.06%             | 2045-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC REMICS FHR 4415 IO                                                    | CUSIP: 3137BF4Y4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    102471 | PA      | $4073.82      | 0.00%             | 2041-04-15      | Floating      | 0.21%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                         | INTERCONTINENTAL EXCHANGE INC 4.950000% 06/15/2052                                | CUSIP: 45866FAX2<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9621.59      | 0.01%             | 2052-06-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORPORATION                                  | CVS HEALTH CORP 2.125000% 09/15/2031                                              | CUSIP: 126650DR8<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |     30000 | PA      | $23977.34     | 0.01%             | 2031-09-15      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| HERTZ VEHICLE FINANCING III LLC                         | HERTZ VEHICLE FINANCING LLC HERTZ 2021-1A A                                       | CUSIP: 42806MAA7<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    100000 | PA      | $91669.63     | 0.05%             | 2025-12-26      | Fixed         | 1.21%                 | Yes           |                  2 | On Loan: No      |
| PFS FINANCING CORP.                                     | PFS FINANCING CORP PFSFC 2022-A A                                                 | CUSIP: 69335PEF8<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    463000 | PA      | $430682.74    | 0.26%             | 2027-02-15      | Fixed         | 2.47%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE OR FREDDIE MAC 30YR TBA (JANUARY)                                      | CUSIP: 01F032617<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    700000 | PA      | $640992.19    | 0.38%             | 2053-01-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN AB9016                                                         | CUSIP: 31417GAS5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    274903 | PA      | $252260.01    | 0.15%             | 2043-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| TEACHERS INSURANCE AND ANNUITY ASSOCIATION OF AMERICA   | TEACHERS INSURANCE & ANNUITY ASSOCIATION OF AMERIC 4.900000% 09/15/2044           | CUSIP: 878091BD8<br>LEI: O06XD7BJ4EPXNABVFN69 | Long             | DBT              | CORP              | US        |     90000 | PA      | $83959.93     | 0.05%             | 2044-09-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| FLEETCOR TECHNOLOGIES OPERATING COMPANY, LLC            | FLEETCOR TECHNOLOGIES OPERATING COMPANY, LLC 4/28/2028                            | CUSIP: 33903RAY5<br>LEI: N/A                  | Long             | LON              |  | US        |         0 | PA      | $0.02         | 0.00%             | 2028-04-28      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN AB6802                                                         | CUSIP: 31417DRY1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    106403 | PA      | $100367.62    | 0.06%             | 2042-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY OHIO, INC.                                  | DUKE ENERGY OHIO INC 3.650000% 02/01/2029                                         | CUSIP: 26442EAF7<br>LEI: L6KC0HABGHNFU1Z6QY21 | Long             | DBT              | CORP              | US        |     50000 | PA      | $46675.36     | 0.03%             | 2029-02-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| United States of America                                | US TREASURY N/B 1.125000% 08/15/2040                                              | CUSIP: 912810SQ2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4321000 | PA      | $2744341.38   | 1.63%             | 2040-08-15      | Fixed         | 1.12%                 | No            |                  1 | On Loan: No      |
| 1011778 B.C. UNLIMITED LIABILITY COMPANY                | 1011778 B.C. UNLIMITED LIABILITY COMPANY 19-Nov-2026                              | CUSIP: C6901LAH0<br>LEI: N/A                  | Long             | LON              |  | US        |         0 | PA      | $0.01         | 0.00%             | 2026-11-19      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| NEW YORK LIFE GLOBAL FUNDING                            | NEW YORK LIFE GLOBAL FUNDING 144A 0.950000% 06/24/2025                            | CUSIP: 64952WDQ3<br>LEI: 635400DPNHEAUHB7ZI15 | Long             | DBT              | CORP              | US        |     30000 | PA      | $27154.98     | 0.02%             | 2025-06-24      | Fixed         | 0.95%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC POOL FR ZT1970                                                        | CUSIP: 3132AEFK7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     40265 | PA      | $39100.88     | 0.02%             | 2033-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| THE NATIONAL COLLEGIATE TRUST                           | NATIONAL COLLEGIATE STUDENT LOAN TRUST 2006-3 NCSLT 2006-3 B                      | CUSIP: 63543VAG8<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    250000 | PA      | $188691.98    | 0.11%             | 2032-01-26      | Floating      | 4.38%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                         | INTERCONTINENTAL EXCHANGE INC 4.600000% 03/15/2033                                | CUSIP: 45866FAW4<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95957.28     | 0.06%             | 2033-03-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| SEATTLE SPINCO                                          | SEATTLE SPINCO 6/21/2024                                                          | CUSIP: 81271EAB7<br>LEI: N/A                  | Long             | LON              |  | US        |      5075 | PA      | $5011.77      | 0.00%             | 2024-06-21      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| United States of America                                | US TREASURY N/B 1.375000% 08/15/2050                                              | CUSIP: 912810SP4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1661000 | PA      | $957929.84    | 0.57%             | 2050-08-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN AS5314                                                         | CUSIP: 3138WE3Y3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     31130 | PA      | $30523.15     | 0.02%             | 2045-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Shell International Finance B.V.                        | SHELL INTERNATIONAL FINANCE BV 3.250000% 04/06/2050                               | CUSIP: 822582CH3<br>LEI: 213800ITMMKU4Z7I4F78 | Long             | DBT              | NUSS              | NL        |     50000 | PA      | $37177.32     | 0.02%             | 2050-04-06      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS INC.                             | VERIZON COMMUNICATIONS INC 5.500000% 03/16/2047                                   | CUSIP: 92343VDV3<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |      6000 | PA      | $5944.07      | 0.00%             | 2047-03-16      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Domino's Pizza Master Issuer LLC                        | DOMINO'S PIZZA MASTER ISSUER LLC DPABS 2021-1A A2I                                | CUSIP: 25755TAN0<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    420595 | PA      | $351803.32    | 0.21%             | 2051-04-25      | Fixed         | 2.66%                 | Yes           |                  2 | On Loan: No      |
| COMCAST CORPORATION                                     | COMCAST CORP 3.300000% 04/01/2027                                                 | CUSIP: 20030NDK4<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    190000 | PA      | $180295.88    | 0.11%             | 2027-04-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORPORATION                                  | CVS HEALTH CORP 3.625000% 04/01/2027                                              | CUSIP: 126650DH0<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |     30000 | PA      | $28771.23     | 0.02%             | 2027-04-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FS0240                                                         | CUSIP: 3140XFHS3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     92683 | PA      | $83367.45     | 0.05%             | 2052-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BBCCRE TRUST                                            | BBCCRE TRUST 2015-GTP BBCCR 2015-GTP D                                            | CUSIP: 05490TAG7<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    140000 | PA      | $121387.66    | 0.07%             | 2033-08-10      | Floating      | 4.71%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE REMICS FNR 2020-96 IN                                                  | CUSIP: 3136BDXA1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    166522 | PA      | $27001.62     | 0.02%             | 2051-01-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC GOLD POOL FG G07668                                                   | CUSIP: 3128M9Z96<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    109067 | PA      | $106423.91    | 0.06%             | 2037-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN AN5386                                                         | CUSIP: 3138LH6Y5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     19537 | PA      | $18410.66     | 0.01%             | 2029-05-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| WORKDAY, INC.                                           | WORKDAY INC 3.800000% 04/01/2032                                                  | CUSIP: 98138HAJ0<br>LEI: 549300J0DYC0N31V7G13 | Long             | DBT              | CORP              | US        |    120000 | PA      | $107213.53    | 0.06%             | 2032-04-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING, LLC                   | CHARTER COMMUNICATIONS OPERATING LLC / CHARTER COM 6.484000% 10/23/2045           | CUSIP: 161175BA1<br>LEI: 549300TPZNMN50BJ3745 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18841.35     | 0.01%             | 2045-10-23      | Fixed         | 6.48%                 | No            |                  2 | On Loan: No      |
| DIGITAL REALTY TRUST, L.P.                              | DIGITAL REALTY TRUST LP 3.600000% 07/01/2029                                      | CUSIP: 25389JAU0<br>LEI: CD4SPTZ3YBTHY0C1AH38 | Long             | DBT              | CORP              | US        |     78000 | PA      | $70736.31     | 0.04%             | 2029-07-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| BRK: MORGAN STANLEY & CO INC (PAS)                      | BRK: MORGAN STANLEY & CO INC (PAS) PAY: 2.50                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | XX        |    290000 | NC      | $33532.18     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| SkyMiles IP Ltd.                                        | DELTA AIR LINES INC / SKYMILES IP LTD 144A 4.750000% 10/20/2028                   | CUSIP: 830867AB3<br>LEI: 2549008L7P4I8VB90936 | Long             | DBT              | NUSS              | US        |     30000 | PA      | $28437.04     | 0.02%             | 2028-10-20      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| COMCAST CORPORATION                                     | COMCAST CORP 3.450000% 02/01/2050                                                 | CUSIP: 20030NCZ2<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     40000 | PA      | $29762.92     | 0.02%             | 2050-02-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2              | GINNIE MAE II POOL 30YR TBA (DECEMBER)                                            | CUSIP: 21H0306C3<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    100000 | PA      | $90307.49     | 0.05%             | 2052-12-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN AS3253                                                         | CUSIP: 3138WCTK9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     11588 | PA      | $11319.29     | 0.01%             | 2044-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| 3M COMPANY                                              | 3M CO 3.700000% 04/15/2050                                                        | CUSIP: 88579YBP5<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | DBT              | CORP              | US        |    100000 | PA      | $79564.44     | 0.05%             | 2050-04-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN BM3325                                                         | CUSIP: 3140J7VT9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    337381 | PA      | $308652.12    | 0.18%             | 2046-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| LA BANQUE TORONTO-DOMINION                              | TORONTO-DOMINION BANK/THE MTN 1.150000% 06/12/2025                                | CUSIP: 89114QCH9<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | NUSS              | CA        |     30000 | PA      | $27305.99     | 0.02%             | 2025-06-12      | Fixed         | 1.15%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC GOLD POOL FG G67713                                                   | CUSIP: 3132XCSA4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     81610 | PA      | $79120.61     | 0.05%             | 2048-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SMALL BUSINESS ADMINISTRATION GTD                       | UNITED STATES SMALL BUSINESS ADMINISTRATION SBAP 2018-20E 1                       | CUSIP: 83162CZL0<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    169425 | PA      | $160540.93    | 0.10%             | 2038-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN BD2455                                                         | CUSIP: 3140F9WR2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     38921 | PA      | $35196.36     | 0.02%             | 2047-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM, INC.                                        | AMAZON.COM INC 3.875000% 08/22/2037                                               | CUSIP: 023135BF2<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    230000 | PA      | $207191.06    | 0.12%             | 2037-08-22      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| BEAR STEARNS ASSET BACKED SECURITIES INC                | BEAR STEARNS ASSET BACKED SECURITIES I TRUST 2004- BSABS 2004-HE6 M1              | CUSIP: 073879CU0<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    252737 | PA      | $237920.50    | 0.14%             | 2034-08-25      | Floating      | 4.90%                 | No            |                  2 | On Loan: No      |
| STRUCTURED ASSET INVESTMENT LOAN TRUST                  | STRUCTURED ASSET INVESTMENT LOAN TRUST SAIL 2003-BC12 2A                          | CUSIP: 86358EFK7<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    130567 | PA      | $119878.93    | 0.07%             | 2033-11-25      | Floating      | 4.76%                 | No            |                  2 | On Loan: No      |
| DISH DBS Corporation                                    | DISH DBS CORP 144A 5.750000% 12/01/2028                                           | CUSIP: 25470XBF1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     30000 | PA      | $24331.50     | 0.01%             | 2028-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| GFL ENVIRONMENTAL                                       | GFL ENVIRONMENTAL 5/30/2025                                                       | CUSIP: C7052BAH7<br>LEI: N/A                  | Long             | LON              |  | US        |     59016 | PA      | $58868.89     | 0.03%             | 2025-05-30      | Floating      | 7.41%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU PASS, LLC                      | VENTURE GLOBAL CALCASIEU PASS LLC 144A 3.875000% 11/01/2033                       | CUSIP: 92328MAC7<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |     20000 | PA      | $16264.90     | 0.01%             | 2033-11-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2              | GINNIE MAE II POOL G2 MA3597                                                      | CUSIP: 36179R7J2<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     15127 | PA      | $14302.02     | 0.01%             | 2046-04-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FS1938                                                         | CUSIP: 3140XHEL7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    522976 | PA      | $450047.05    | 0.27%             | 2052-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN BK7700                                                         | CUSIP: 3140HMRW6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     26811 | PA      | $26630.37     | 0.02%             | 2048-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| DEVON ENERGY CORPORATION                                | DEVON ENERGY CORP 5.850000% 12/15/2025                                            | CUSIP: 25179MAV5<br>LEI: 54930042348RKR3ZPN35 | Long             | DBT              | CORP              | US        |     30000 | PA      | $30691.71     | 0.02%             | 2025-12-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN BP2319                                                         | CUSIP: 3140K9SH3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     56177 | PA      | $50346.59     | 0.03%             | 2050-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE OR FREDDIE MAC 30YR TBA (FEBRUARY)                                     | CUSIP: 01F040628<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    100000 | PA      | $94589.84     | 0.06%             | 2053-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHENIERE ENERGY PARTNERS, L.P.                          | CHENIERE ENERGY PARTNERS LP 3.250000% 01/31/2032                                  | CUSIP: 16411QAN1<br>LEI: 5493005UEC8AZ34LDV29 | Long             | DBT              | CORP              | US        |     40000 | PA      | $32550.00     | 0.02%             | 2032-01-31      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| APACHE CORPORATION                                      | APACHE CORP 7.750000% 12/15/2029                                                  | CUSIP: 03746AAA8<br>LEI: 72ZZ1XRHOOU9P9X16K08 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20526.64     | 0.01%             | 2029-12-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| AT&T INC.                                               | AT&T INC 3.550000% 09/15/2055                                                     | CUSIP: 00206RLJ9<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     10000 | PA      | $7014.09      | 0.00%             | 2055-09-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA, INC.                                      | T-MOBILE USA INC 4.500000% 04/15/2050                                             | CUSIP: 87264AAZ8<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |     50000 | PA      | $42234.10     | 0.03%             | 2050-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2020-175 GI                          | CUSIP: 38382LLM1<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     80297 | PA      | $8465.40      | 0.01%             | 2050-11-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN AL6663                                                         | CUSIP: 3138EPMM3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    103826 | PA      | $101200.00    | 0.06%             | 2039-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| IMPAC CMB TRUST                                         | IMPAC CMB TRUST SERIES 2005-4 IMM 2005-4 1M1                                      | CUSIP: 45254NPG6<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |     22695 | PA      | $20696.61     | 0.01%             | 2035-05-25      | Floating      | 4.69%                 | No            |                  2 | On Loan: No      |
| COMCAST CORPORATION                                     | COMCAST CORP 4.000000% 03/01/2048                                                 | CUSIP: 20030NCK5<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8183.91      | 0.00%             | 2048-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COMCAST CORPORATION                                     | COMCAST CORP 3.999000% 11/01/2049                                                 | CUSIP: 20030NCE9<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8160.04      | 0.00%             | 2049-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORPORATION                                  | CVS HEALTH CORP 1.875000% 02/28/2031                                              | CUSIP: 126650DQ0<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |     10000 | PA      | $7967.23      | 0.00%             | 2031-02-28      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2              | GINNIE MAE II POOL G2 MA4720                                                      | CUSIP: 36179TG58<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     45242 | PA      | $43943.19     | 0.03%             | 2047-09-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WarnerMedia Holdings, Inc.                              | WARNERMEDIA HOLDINGS INC 144A 5.141000% 03/15/2052                                | CUSIP: 55903VAQ6<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    232000 | PA      | $179767.76    | 0.11%             | 2052-03-15      | Fixed         | 5.14%                 | No            |                  2 | On Loan: No      |
| United States of America                                | STRIP PRINC 0.000000% 05/15/2049                                                  | CUSIP: 912803FJ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    410000 | PA      | $148945.60    | 0.09%             | 2049-05-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2              | GINNIE MAE II POOL G2 MA5019                                                      | CUSIP: 36179TSG1<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     14469 | PA      | $13639.33     | 0.01%             | 2048-02-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PG&E WILDFIRE RECOVERY FUNDING LLC                      | PG&E WILDFIRE RECOVERY FUNDING LLC 3.594000% 06/01/2030                           | CUSIP: 693342AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    380000 | PA      | $361620.88    | 0.21%             | 2030-06-01      | Fixed         | 3.59%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC SEASONED CREDIT RISK TRANSFER TRUST         | SEASONED CREDIT RISK TRANSFER TRUST SERIES 2020-3 SCRT 2020-3 MA                  | CUSIP: 35563PSC4<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    133265 | PA      | $119638.13    | 0.07%             | 2060-05-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| NVIDIA CORPORATION                                      | NVIDIA CORP 3.500000% 04/01/2050                                                  | CUSIP: 67066GAH7<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | DBT              | CORP              | US        |     70000 | PA      | $54255.69     | 0.03%             | 2050-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2              | GINNIE MAE II POOL G2 MA3456                                                      | CUSIP: 36179RZV4<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    161240 | PA      | $163191.51    | 0.10%             | 2046-02-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                             | BANK OF AMERICA CORP MTN 4.330000% 03/15/2050                                     | CUSIP: 06051GHS1<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    150000 | PA      | $126985.15    | 0.08%             | 2050-03-15      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FM8672                                                         | CUSIP: 3140XCT65<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    250933 | PA      | $242586.01    | 0.14%             | 2046-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW RESIDENTIAL MORTGAGE LOAN TRUST                     | NEW RESIDENTIAL MORTGAGE LOAN TRUST 2019-NQM4 NRZT 2019-NQM4 A1                   | CUSIP: 64828EAA3<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |     43221 | PA      | $39112.41     | 0.02%             | 2059-09-25      | Floating      | 2.49%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN MORTGAGE TRUST                              | JP MORGAN MORTGAGE TRUST 2021-3 JPMMT 2021-3 A3                                   | CUSIP: 46592KAC6<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    316120 | PA      | $256485.69    | 0.15%             | 2051-07-25      | Floating      | 2.50%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FS1590                                                         | CUSIP: 3140XGXU8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    466431 | PA      | $400770.87    | 0.24%             | 2052-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| United States of America                                | US TREASURY N/B 1.750000% 08/15/2041                                              | CUSIP: 912810TA6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1946000 | PA      | $1357639.06   | 0.81%             | 2041-08-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CORPORATION                       | CAPITAL ONE FINANCIAL CORP 3.900000% 01/29/2024                                   | CUSIP: 14040HCA1<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    700000 | PA      | $689931.65    | 0.41%             | 2024-01-29      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| BRIGHTHOUSE FINANCIAL, INC.                             | BRIGHTHOUSE FINANCIAL INC 4.700000% 06/22/2047                                    | CUSIP: 10922NAF0<br>LEI: 5493003T8SZSHOGGAW52 | Long             | DBT              | CORP              | US        |      4000 | PA      | $2970.20      | 0.00%             | 2047-06-22      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| RANGE RESOURCES CORPORATION                             | RANGE RESOURCES CORP 4.875000% 05/15/2025                                         | CUSIP: 75281AAS8<br>LEI: H3Y3WLYCX0BTO1TRW162 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29071.20     | 0.02%             | 2025-05-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA, INC.                                      | T-MOBILE USA INC 3.500000% 04/15/2025                                             | CUSIP: 87264ABB0<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    150000 | PA      | $145230.87    | 0.09%             | 2025-04-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC POOL FR RA6332                                                        | CUSIP: 3133KNA94<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     93749 | PA      | $77769.71     | 0.05%             | 2051-11-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Kraft Heinz Foods Company                               | KRAFT HEINZ FOODS CO 4.875000% 10/01/2049                                         | CUSIP: 50077LAZ9<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18008.39     | 0.01%             | 2049-10-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| United States of America                                | US LONG BOND(CBT) MAR23 FINANCIAL COMMODITY FUTURE.                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |        16 | NC      | $2032000.00   | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| AIR LEASE CORPORATION                                   | AIR LEASE CORP 3.375000% 07/01/2025                                               | CUSIP: 00914AAH5<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18873.59     | 0.01%             | 2025-07-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM CORPORATION                        | OCCIDENTAL PETROLEUM CORP 5.550000% 03/15/2026                                    | CUSIP: 674599DC6<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     30000 | PA      | $30000.00     | 0.02%             | 2026-03-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| MACQUARIE GROUP LIMITED                                 | MACQUARIE GROUP LTD 144A 1.340000% 01/12/2027                                     | CUSIP: 55608JAR9<br>LEI: ACMHD8HWFMFUIQQ8Y590 | Long             | DBT              | NUSS              | AU        |    302000 | PA      | $261122.46    | 0.15%             | 2027-01-12      | Fixed         | 1.34%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC GOLD POOL FG Q45560                                                   | CUSIP: 3132WKFA1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     41780 | PA      | $37732.16     | 0.02%             | 2047-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CONTINENTAL RESOURCES, INC.                             | CONTINENTAL RESOURCES INC/OK 4.900000% 06/01/2044                                 | CUSIP: 212015AQ4<br>LEI: XXRTID9RYWOZ0UPIVR53 | Long             | DBT              | CORP              | US        |     20000 | PA      | $15062.40     | 0.01%             | 2044-06-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| VOC Escrow Ltd                                          | VOC ESCROW LTD 144A 5.000000% 02/15/2028                                          | CUSIP: 91832VAA2<br>LEI: N/A                  | Long             | DBT              | NUSS              | US        |     30000 | PA      | $25856.40     | 0.02%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS INC.                             | VERIZON COMMUNICATIONS INC 3.000000% 03/22/2027                                   | CUSIP: 92343VFF6<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9377.85      | 0.01%             | 2027-03-22      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| EXXON MOBIL CORPORATION                                 | EXXON MOBIL CORP 3.482000% 03/19/2030                                             | CUSIP: 30231GBK7<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | DBT              | CORP              | US        |     40000 | PA      | $37645.63     | 0.02%             | 2030-03-19      | Fixed         | 3.48%                 | No            |                  2 | On Loan: No      |
| BRK: UBS                                                | BRK: UBS PAY: 1.22%                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | XX        |    736000 | NC      | $86470.68     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Republica Argentina                                     | REPUBLIC OF ARGENTINA 1.000000% 07/09/2029                                        | CUSIP: 040114HX1<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |     13557 | PA      | $3434.40      | 0.00%             | 2029-07-09      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN CA4950                                                         | CUSIP: 3140QCQC3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    110726 | PA      | $102451.57    | 0.06%             | 2050-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| HUMANA INC.                                             | HUMANA INC 2.150000% 02/03/2032                                                   | CUSIP: 444859BR2<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |     10000 | PA      | $7885.17      | 0.00%             | 2032-02-03      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| SMALL BUSINESS ADMINISTRATION GTD                       | UNITED STATES SMALL BUSINESS ADMINISTRATION SBAP 2014-20C 1                       | CUSIP: 83162CWD1<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    260556 | PA      | $245157.56    | 0.15%             | 2034-03-01      | Fixed         | 3.21%                 | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA BRISTOL LLC                                | VIRGIN MEDIA BRISTOL LLC 1/31/2028                                                | CUSIP: G9368PBC7<br>LEI: N/A                  | Long             | LON              |  | US        |    105282 | PA      | $102501.02    | 0.06%             | 2028-01-31      | Floating      | 6.37%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN BM4097                                                         | CUSIP: 3140J8RT2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    455121 | PA      | $452474.08    | 0.27%             | 2047-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                      | ENERGY TRANSFER LP 6.750000% MATURITY: PERPETUAL                                  | CUSIP: 29273VAL4<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8702.00      | 0.01%             | 2171-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO.                                    | JPMORGAN CHASE & CO 2.083000% 04/22/2026                                          | CUSIP: 46647PBK1<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |     60000 | PA      | $55740.82     | 0.03%             | 2026-04-22      | Fixed         | 2.08%                 | No            |                  2 | On Loan: No      |
| TOYOTA AUTO LOAN EXTENDED NOTE TRUST                    | TOYOTA AUTO LOAN EXTENDED NOTE TRUST 2021-1 TALNT 2021-1A A                       | CUSIP: 89237MAA7<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    456000 | PA      | $399656.91    | 0.24%             | 2034-02-27      | Fixed         | 1.07%                 | Yes           |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS INC.                             | VERIZON COMMUNICATIONS INC 3.400000% 03/22/2041                                   | CUSIP: 92343VGK4<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     10000 | PA      | $7675.76      | 0.00%             | 2041-03-22      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Ferguson Finance Plc                                    | FERGUSON FINANCE PLC 144A 3.250000% 06/02/2030                                    | CUSIP: 314890AB0<br>LEI: 2138003A7ZEU931DZL61 | Long             | DBT              | NUSS              | US        |    230000 | PA      | $194414.42    | 0.12%             | 2030-06-02      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH COMPANIES, LLC                           | ANHEUSER-BUSCH COS LLC / ANHEUSER-BUSCH INBEV WORL 4.900000% 02/01/2046           | CUSIP: 03522AAJ9<br>LEI: 5493002J2SVENP0PVK27 | Long             | DBT              | CORP              | BE        |    468000 | PA      | $437806.17    | 0.26%             | 2046-02-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| DELTA AIR LINES, INC.                                   | DELTA AIR LINES INC 2.900000% 10/28/2024                                          | CUSIP: 247361ZU5<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | DBT              | CORP              | US        |     40000 | PA      | $37920.00     | 0.02%             | 2024-10-28      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| DISCOVER FINANCIAL SERVICES                             | DISCOVER FINANCIAL SERVICES 6.700000% 11/29/2032                                  | CUSIP: 254709AS7<br>LEI: Z1YLO2USPORE63VVUL20 | Long             | DBT              | CORP              | US        |    160000 | PA      | $162768.22    | 0.10%             | 2032-11-29      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| CHEVY CHASE FUNDING LLC                                 | CHEVY CHASE FUNDING LLC MORTGAGE-BACKED CERTIFICAT CCMFC 2004-2A B1               | CUSIP: 16678RBE6<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    152790 | PA      | $117522.55    | 0.07%             | 2035-05-25      | Floating      | 3.43%                 | No            |                  2 | On Loan: No      |
| COMM MORTGAGE TRUST                                     | COMM 2015-CCRE24 MORTGAGE TRUST COMM 2015-CR24 AM                                 | CUSIP: 12593JBH8<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |     90000 | PA      | $84697.68     | 0.05%             | 2048-08-10      | Floating      | 4.03%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC.                                          | CITIGROUP INC 1.678000% 05/15/2024                                                | CUSIP: 172967MR9<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     40000 | PA      | $39320.21     | 0.02%             | 2024-05-15      | Fixed         | 1.68%                 | No            |                  2 | On Loan: No      |
| NVIDIA CORPORATION                                      | NVIDIA CORP 3.500000% 04/01/2040                                                  | CUSIP: 67066GAG9<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | DBT              | CORP              | US        |     70000 | PA      | $58285.81     | 0.03%             | 2040-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FM8685                                                         | CUSIP: 3140XCUK2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     85435 | PA      | $75833.11     | 0.04%             | 2051-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN AS6328                                                         | CUSIP: 3138WGA61<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     44676 | PA      | $42057.82     | 0.02%             | 2045-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Kraft Heinz Foods Company                               | KRAFT HEINZ FOODS CO 4.375000% 06/01/2046                                         | CUSIP: 50077LAB2<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8428.62      | 0.00%             | 2046-06-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN ENERGY PARTNERS, L.P.                     | KINDER MORGAN ENERGY PARTNERS LP 3.500000% 09/01/2023                             | CUSIP: 494550BQ8<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29598.80     | 0.02%             | 2023-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United States of America                                | US TREASURY N/B 2.375000% 05/15/2051                                              | CUSIP: 912810SX7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     30000 | PA      | $22310.16     | 0.01%             | 2051-05-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| FORD CREDIT FLOORPLAN MASTER OWNER TRUST A              | FORD CREDIT FLOORPLAN MASTER OWNER TRUST A FORDF 2018-4 A                         | CUSIP: 34528PAK2<br>LEI: 5493001DTG5N7T8BG747 | Long             | ABS-MBS          |  | US        |    150000 | PA      | $140928.87    | 0.08%             | 2030-11-15      | Fixed         | 4.06%                 | No            |                  2 | On Loan: No      |
| Element Fleet Management Corp.                          | ELEMENT FLEET MANAGEMENT CORP 144A 1.600000% 04/06/2024                           | CUSIP: 286181AF9<br>LEI: 5493000PGBS1C22ELQ16 | Long             | DBT              | NUSS              | CA        |    491000 | PA      | $464155.66    | 0.28%             | 2024-04-06      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| NOMURA ASSET SECURITIES CORPORATION                     | NOMURA ASSET ACCEPTANCE CORP ALTERNATIVE LOAN TRUS NAA 2007-1 1A4                 | CUSIP: 65538PAE8<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    105295 | PA      | $97329.61     | 0.06%             | 2047-03-25      | Floating      | 6.14%                 | No            |                  2 | On Loan: No      |
| COMCAST CORPORATION                                     | COMCAST CORP 2.800000% 01/15/2051                                                 | CUSIP: 20030NDL2<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     40000 | PA      | $26084.25     | 0.02%             | 2051-01-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| AT&T INC.                                               | AT&T INC 3.300000% 02/01/2052                                                     | CUSIP: 00206RKE1<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     10000 | PA      | $6938.90      | 0.00%             | 2052-02-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC POOL FR SD1143                                                        | CUSIP: 3132DNHU0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     63953 | PA      | $63195.07     | 0.04%             | 2050-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                     | US 5YR FUTR OPTN  Jan23P106.25 SHORT                                              | CUSIP: 018YVVP78<br>LEI: N/A                  | N/A              | DIR              |  | US        |       -13 | NC      | $-914.06      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| KINDER MORGAN, INC.                                     | KINDER MORGAN INC 5.200000% 03/01/2048                                            | CUSIP: 49456BAQ4<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8834.92      | 0.01%             | 2048-03-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Continental Airlines                                    | CONTINENTAL AIRLINES 2012-2 CLASS A PASS THROUGH T 4.000000% 10/29/2024           | CUSIP: 210795QB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    131380 | PA      | $125080.51    | 0.07%             | 2024-10-29      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WarnerMedia Holdings, Inc.                              | WARNERMEDIA HOLDINGS INC 144A 4.054000% 03/15/2029                                | CUSIP: 55903VAJ2<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |     20000 | PA      | $17514.60     | 0.01%             | 2029-03-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| SCHLUMBERGER HOLDINGS CORPORATION                       | SCHLUMBERGER HOLDINGS CORP 144A 4.000000% 12/21/2025                              | CUSIP: 806851AG6<br>LEI: 529900IKZG65COT1D505 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29192.98     | 0.02%             | 2025-12-21      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC GOLD POOL FG G67701                                                   | CUSIP: 3132XCRW7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     73929 | PA      | $67131.18     | 0.04%             | 2046-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH, INC.                                   | ELEVANCE HEALTH INC 4.550000% 05/15/2052                                          | CUSIP: 036752AU7<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |     20000 | PA      | $17771.81     | 0.01%             | 2052-05-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| FIRSTENERGY CORP.                                       | FIRSTENERGY CORP 1.600000% 01/15/2026                                             | CUSIP: 337932AN7<br>LEI: 549300SVYJS666PQJH88 | Long             | DBT              | CORP              | US        |     20000 | PA      | $17683.33     | 0.01%             | 2026-01-15      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC.                                          | CITIGROUP INC 3.400000% 05/01/2026                                                | CUSIP: 172967KN0<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    510000 | PA      | $486066.04    | 0.29%             | 2026-05-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Republica Oriental del Uruguay                          | REPUBLICA ORIENT URUGUAY 4.375000% 01/23/2031                                     | CUSIP: 917288BK7<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |     40000 | PA      | $39944.27     | 0.02%             | 2031-01-23      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM, INC.                                        | AMAZON.COM INC 4.250000% 08/22/2057                                               | CUSIP: 023135BM7<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8908.92      | 0.01%             | 2057-08-22      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS COMPANY                                  | GENERAL MOTORS CO 6.250000% 10/02/2043                                            | CUSIP: 37045VAF7<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |     50000 | PA      | $48172.03     | 0.03%             | 2043-10-02      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| U.S. BANCORP                                            | US BANCORP 1.450000% 05/12/2025                                                   | CUSIP: 91159HHZ6<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |     30000 | PA      | $27850.64     | 0.02%             | 2025-05-12      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC.                                          | CITIGROUP INC 4.910000% 05/24/2033                                                | CUSIP: 172967NU1<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     40000 | PA      | $38084.56     | 0.02%             | 2033-05-24      | Fixed         | 4.91%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FM4650                                                         | CUSIP: 3140X8EY9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    144790 | PA      | $128651.86    | 0.08%             | 2040-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MPT OPERATING PARTNERSHIP, L.P.                         | MPT OPERATING PARTNERSHIP LP / MPT FINANCE CORP 3.500000% 03/15/2031              | CUSIP: 55342UAM6<br>LEI: WUQXXXF7PXTUPGROE843 | Long             | DBT              | CORP              | US        |     40000 | PA      | $28200.00     | 0.02%             | 2031-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BANK                                                    | BANK 2021-BNK38 BANK 2021-BN38 A5                                                 | CUSIP: 06540EAK9<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    293000 | PA      | $239287.94    | 0.14%             | 2064-12-15      | Fixed         | 2.52%                 | No            |                  2 | On Loan: No      |
| SMALL BUSINESS ADMINISTRATION GTD                       | UNITED STATES SMALL BUSINESS ADMINISTRATION SBAP 2019-25G 1                       | CUSIP: 83162CC68<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |     22558 | PA      | $19911.56     | 0.01%             | 2044-07-01      | Fixed         | 2.69%                 | No            |                  2 | On Loan: No      |
| SOUTHERN COPPER CORPORATION                             | SOUTHERN COPPER CORP 5.250000% 11/08/2042                                         | CUSIP: 84265VAG0<br>LEI: 2549007U6NAP46Q9TU15 | Long             | DBT              | CORP              | PE        |    120000 | PA      | $112476.00    | 0.07%             | 2042-11-08      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| II-VI 12/21 TLB                                         | II-VI 12/21 TLB 7/2/2029                                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              |  | US        |     60000 | PA      | $59287.80     | 0.04%             | 2029-07-02      | Floating      | 6.59%                 | No            |                  2 | On Loan: No      |
| Mondelez International, Inc.                            | MONDELEZ INTERNATIONAL INC 1.500000% 05/04/2025                                   | CUSIP: 609207AU9<br>LEI: 549300DV9GIB88LZ5P30 | Long             | DBT              | CORP              | US        |     70000 | PA      | $64962.03     | 0.04%             | 2025-05-04      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2022-113 Z                           | CUSIP: 38381HGG0<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    603005 | PA      | $411253.93    | 0.24%             | 2061-09-16      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN AL9621                                                         | CUSIP: 3138ERVP2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     70843 | PA      | $68787.81     | 0.04%             | 2037-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                                            | UBS GROUP AG 144A 4.125000% 04/15/2026                                            | CUSIP: 90351DAF4<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | NUSS              | CH        |    449000 | PA      | $431748.78    | 0.26%             | 2026-04-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| PHILLIPS 66 COMPANY                                     | PHILLIPS 66 CO 144A 3.605000% 02/15/2025                                          | CUSIP: 718547AC6<br>LEI: RVJMT2IZVVSKIRJJBH76 | Long             | DBT              | CORP              | US        |     95000 | PA      | $91977.57     | 0.05%             | 2025-02-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| CAESARS RESORT COLLECTION, LLC                          | CAESARS RESORT COLLECTION, LLC 7/21/2025                                          | CUSIP: 12769LAD1<br>LEI: N/A                  | Long             | LON              |  | US        |       819 | PA      | $813.06       | 0.00%             | 2025-07-21      | Floating      | 7.25%                 | No            |                  2 | On Loan: No      |
| SSM HEALTH CARE CORPORATION                             | SSM HEALTH CARE CORP 3.688000% 06/01/2023                                         | CUSIP: 784710AB1<br>LEI: 5493000QP6H63JFPC580 | Long             | DBT              | CORP              | US        |    248000 | PA      | $246313.24    | 0.15%             | 2023-06-01      | Fixed         | 3.69%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FS1015                                                         | CUSIP: 3140XGDV8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     95578 | PA      | $79335.17     | 0.05%             | 2052-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2020-H09 FL                          | CUSIP: 38380QAW2<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     63978 | PA      | $62505.46     | 0.04%             | 2070-05-20      | Floating      | 2.89%                 | No            |                  2 | On Loan: No      |
| TRICON AMERICAN HOMES TRUST                             | TRICON AMERICAN HOMES 2020-SFR2 TRUST TAH 2020-SFR2 A                             | CUSIP: 89613JAA8<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    243362 | PA      | $201894.61    | 0.12%             | 2039-11-17      | Fixed         | 1.48%                 | Yes           |                  2 | On Loan: No      |
| MORGAN STANLEY BANK OF AMERICA MERRILL LYNCH TRUST      | MORGAN STANLEY BANK OF AMERICA MERRILL LYNCH TRUST MSBAM 2015-C23 B               | CUSIP: 61690QAH2<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    100000 | PA      | $92338.30     | 0.05%             | 2050-07-15      | Floating      | 4.28%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN BL2454                                                         | CUSIP: 3140HTWQ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     19070 | PA      | $17777.10     | 0.01%             | 2029-05-01      | Fixed         | 3.16%                 | No            |                  2 | On Loan: No      |
| HALLIBURTON COMPANY                                     | HALLIBURTON CO 3.800000% 11/15/2025                                               | CUSIP: 406216BG5<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | DBT              | CORP              | US        |      2000 | PA      | $1957.56      | 0.00%             | 2025-11-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                             | BANK OF AMERICA CORP MTN 3.970000% 03/05/2029                                     | CUSIP: 06051GHG7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    150000 | PA      | $139334.14    | 0.08%             | 2029-03-05      | Fixed         | 3.97%                 | No            |                  2 | On Loan: No      |
| Shell International Finance B.V.                        | SHELL INTERNATIONAL FINANCE BV 2.750000% 04/06/2030                               | CUSIP: 822582CG5<br>LEI: 213800ITMMKU4Z7I4F78 | Long             | DBT              | NUSS              | NL        |     20000 | PA      | $17742.07     | 0.01%             | 2030-04-06      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| MEDLINE BORROWER, LP                                    | MEDLINE BORROWER, LP 23-Oct-2028                                                  | CUSIP: 58503UAC7<br>LEI: N/A                  | Long             | LON              |  | US        |     69650 | PA      | $66070.69     | 0.04%             | 2028-10-23      | Floating      | 7.00%                 | No            |                  2 | On Loan: No      |
| BERKSHIRE HATHAWAY ENERGY COMPANY                       | BERKSHIRE HATHAWAY ENERGY CO 4.450000% 01/15/2049                                 | CUSIP: 084659AR2<br>LEI: 549300JD0S5IZJE9LY15 | Long             | DBT              | CORP              | US        |    600000 | PA      | $526531.52    | 0.31%             | 2049-01-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| THE HOME DEPOT, INC.                                    | HOME DEPOT INC/THE 3.350000% 04/15/2050                                           | CUSIP: 437076CD2<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |     70000 | PA      | $53098.29     | 0.03%             | 2050-04-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM, INC.                                        | AMAZON.COM INC 4.050000% 08/22/2047                                               | CUSIP: 023135BJ4<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |     30000 | PA      | $26337.50     | 0.02%             | 2047-08-22      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| LIBERTY MUTUAL GROUP INC.                               | LIBERTY MUTUAL GROUP INC 144A 4.569000% 02/01/2029                                | CUSIP: 53079EBG8<br>LEI: QUR0DG15Z6FFGYCHH861 | Long             | DBT              | CORP              | US        |    349000 | PA      | $324361.22    | 0.19%             | 2029-02-01      | Fixed         | 4.57%                 | No            |                  2 | On Loan: No      |
| SMALL BUSINESS ADMINISTRATION GTD                       | UNITED STATES SMALL BUSINESS ADMINISTRATION SBAP 2019-20D 1                       | CUSIP: 83162CB51<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |     21292 | PA      | $19776.91     | 0.01%             | 2039-04-01      | Fixed         | 2.98%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH, INC.                                   | ELEVANCE HEALTH INC 4.100000% 05/15/2032                                          | CUSIP: 036752AT0<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |     60000 | PA      | $56488.20     | 0.03%             | 2032-05-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| U.S. DOLLARS                                            | FX Forward Contract: USD/CAD SETTLE 2023-01-18                                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $-3017.10     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| NORFOLK SOUTHERN CORPORATION                            | NORFOLK SOUTHERN CORP 4.837000% 10/01/2041                                        | CUSIP: 655844BH0<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |    200000 | PA      | $187393.52    | 0.11%             | 2041-10-01      | Fixed         | 4.84%                 | No            |                  2 | On Loan: No      |
| Republica Federativa do Brasil                          | FED REPUBLIC OF BRAZIL 4.750000% 01/14/2050                                       | CUSIP: 105756CB4<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    200000 | PA      | $145404.55    | 0.09%             | 2050-01-14      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Republica Argentina                                     | REPUBLIC OF ARGENTINA 0.500000% 07/09/2030                                        | CUSIP: 040114HS2<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |    203700 | PA      | $52243.59     | 0.03%             | 2030-07-09      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| COMCAST CORPORATION                                     | COMCAST CORP 4.150000% 10/15/2028                                                 | CUSIP: 20030NCT6<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     40000 | PA      | $38811.00     | 0.02%             | 2028-10-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN AL9631                                                         | CUSIP: 3138ERVZ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     40982 | PA      | $37073.44     | 0.02%             | 2046-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC POOL FR SD8146                                                        | CUSIP: 3132DWBP7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     87002 | PA      | $71901.46     | 0.04%             | 2051-05-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FM5423                                                         | CUSIP: 3140X9AZ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     78903 | PA      | $68292.24     | 0.04%             | 2051-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MOODY'S CORPORATION                                     | MOODY'S CORP 3.250000% 05/20/2050                                                 | CUSIP: 615369AT2<br>LEI: 549300GCEDD8YCF5WU84 | Long             | DBT              | CORP              | US        |    235000 | PA      | $166076.76    | 0.10%             | 2050-05-20      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| AMSR TRUST                                              | AMSR 2021-SFR3 TRUST AMSR 2021-SFR3 A                                             | CUSIP: 00180UAA3<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    300000 | PA      | $257458.71    | 0.15%             | 2038-10-17      | Fixed         | 1.48%                 | Yes           |                  2 | On Loan: No      |
| COMPAGNIE DE CHEMIN DE FER CANADIEN PACIFIQUE           | CANADIAN PACIFIC RAILWAY CO 3.000000% 12/02/2041                                  | CUSIP: 13645RBG8<br>LEI: 54930036474DURYNB481 | Long             | DBT              | NUSS              | CA        |     20000 | PA      | $15054.43     | 0.01%             | 2041-12-02      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GOODLEAP SUSTAINABLE HOME SOLUTIONS TRUST               | GOODLEAP SUSTAINABLE HOME SOLUTIONS TRUST 2022-1 GOOD 2022-1GS A                  | CUSIP: 38237JAA1<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |     91952 | PA      | $70816.00     | 0.04%             | 2049-01-20      | Fixed         | 2.70%                 | Yes           |                  2 | On Loan: No      |
| AMAZON.COM, INC.                                        | AMAZON.COM INC 4.950000% 12/05/2044                                               | CUSIP: 023135AQ9<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    127000 | PA      | $128593.19    | 0.08%             | 2044-12-05      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM, INC.                                        | AMAZON.COM INC 3.600000% 04/13/2032                                               | CUSIP: 023135CH7<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    110000 | PA      | $102502.07    | 0.06%             | 2032-04-13      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING, LLC                   | CHARTER COMMUNICATIONS OPERATING LLC / CHARTER COM 3.500000% 03/01/2042           | CUSIP: 161175CE2<br>LEI: 549300TPZNMN50BJ3745 | Long             | DBT              | CORP              | US        |     10000 | PA      | $6776.30      | 0.00%             | 2042-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                      | ENERGY TRANSFER LP 5.250000% 04/15/2029                                           | CUSIP: 29278NAG8<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29184.91     | 0.02%             | 2029-04-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FIRSTENERGY CORP.                                       | FIRSTENERGY CORP 5.350000% 07/15/2047                                             | CUSIP: 337932AJ6<br>LEI: 549300SVYJS666PQJH88 | Long             | DBT              | CORP              | US        |    100000 | PA      | $88112.00     | 0.05%             | 2047-07-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| United States of America                                | US 10YR NOTE (CBT)MAR23 FINANCIAL COMMODITY FUTURE.                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       118 | NC      | $13393000.00  | 7.94%             |  |  |  | No            |                  1 | On Loan: No      |
| ENERGY TRANSFER LP                                      | ENERGY TRANSFER LP 6.250000% MATURITY: PERPETUAL                                  | CUSIP: 29273VAH3<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     70000 | PA      | $59504.14     | 0.04%             | 2171-02-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN MA4305                                                         | CUSIP: 31418DYB2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    530324 | PA      | $438465.99    | 0.26%             | 2051-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| TACO BELL FUNDING, LLC                                  | TACO BELL FUNDING LLC BELL 2021-1A A2II                                           | CUSIP: 87342RAH7<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    427680 | PA      | $344160.08    | 0.20%             | 2051-08-25      | Fixed         | 2.29%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC GOLD POOL FG Q49596                                                   | CUSIP: 3132WPUW5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     10307 | PA      | $10172.42     | 0.01%             | 2047-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN BF0191                                                         | CUSIP: 3140FXF98<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     39039 | PA      | $37563.77     | 0.02%             | 2057-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BANQUE ROYALE DU CANADA                                 | ROYAL BANK OF CANADA MTN 1.600000% 04/17/2023                                     | CUSIP: 78015K7G3<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | NUSS              | CA        |     60000 | PA      | $59286.34     | 0.04%             | 2023-04-17      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FM9356                                                         | CUSIP: 3140XDME3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    256735 | PA      | $246206.40    | 0.15%             | 2036-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CARGILL, INCORPORATED                                   | CARGILL INC 144A 1.375000% 07/23/2023                                             | CUSIP: 141781BL7<br>LEI: QXZYQNMR4JZ5RIRN4T31 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29297.37     | 0.02%             | 2023-07-23      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN CA2199                                                         | CUSIP: 3140Q9NR0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     48957 | PA      | $48556.08     | 0.03%             | 2048-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GS MORTGAGE SECURITIES TRUST                            | GS MORTGAGE SECURITIES TRUST 2020-GSA2 GSMS 2020-GSA2 AAB                         | CUSIP: 36264KAW0<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    260000 | PA      | $220301.77    | 0.13%             | 2053-12-12      | Fixed         | 1.66%                 | No            |                  2 | On Loan: No      |
| PALMER SQUARE LOAN FUNDING LTD.                         | PALMER SQUARE LOAN FUNDING 2022-2 LTD PSTAT 2022-2A A1                            | CUSIP: 69701NAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    381934 | PA      | $375507.86    | 0.22%             | 2030-10-15      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| ASURION LLC                                             | ASURION LLC 7/31/2027                                                             | CUSIP: 04649VAY6<br>LEI: N/A                  | Long             | LON              |  | US        |     29550 | PA      | $25553.36     | 0.02%             | 2027-07-31      | Floating      | 7.00%                 | No            |                  2 | On Loan: No      |
| ECOPETROL S.A.                                          | ECOPETROL SA 5.875000% 05/28/2045                                                 | CUSIP: 279158AJ8<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | NUSS              | CO        |    110000 | PA      | $75741.60     | 0.04%             | 2045-05-28      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORPORATION                                  | CVS HEALTH CORP 4.300000% 03/25/2028                                              | CUSIP: 126650CX6<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29163.48     | 0.02%             | 2028-03-25      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC MULTIFAMILY STRUCTURED PASS THROUGH CE FHMS K140 A2                   | CUSIP: 3137H6LZ6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    514000 | PA      | $431584.57    | 0.26%             | 2032-01-25      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORPORATION                                  | CVS PASS-THROUGH TRUST 144A 7.507000% 01/10/2032                                  | CUSIP: 126650BS8<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    329675 | PA      | $344843.45    | 0.20%             | 2032-01-10      | Fixed         | 7.51%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC REMICS FHR 4813 CJ                                                    | CUSIP: 3137FGSM8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     14597 | PA      | $12806.03     | 0.01%             | 2048-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERATING, LP                         | WESTERN MIDSTREAM OPERATING LP 3.350000% 02/01/2025                               | CUSIP: 958667AB3<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |    110000 | PA      | $105436.10    | 0.06%             | 2025-02-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| U.S. BANCORP                                            | US BANCORP 5.727000% 10/21/2026                                                   | CUSIP: 91159HJH4<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    169000 | PA      | $172665.14    | 0.10%             | 2026-10-21      | Fixed         | 5.73%                 | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP     | JP MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRU JPMCC 2020-MKST F              | CUSIP: 46652DAL9<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    170000 | PA      | $127155.26    | 0.08%             | 2036-12-15      | Floating      | 6.73%                 | No            |                  2 | On Loan: No      |
| STACK INFRASTRUCTURE ISSUER, LLC                        | STACK INFRASTRUCTURE ISSUER LLC SIDC 2019-2A A2                                   | CUSIP: 85236KAC6<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    159000 | PA      | $150654.09    | 0.09%             | 2044-10-25      | Fixed         | 3.08%                 | No            |                  2 | On Loan: No      |
| PERATON CORP                                            | PERATON CORP 2/1/2028                                                             | CUSIP: 71360HAB3<br>LEI: N/A                  | Long             | LON              |  | US        |     87040 | PA      | $84864.12     | 0.05%             | 2028-02-01      | Floating      | 7.50%                 | No            |                  2 | On Loan: No      |
| DELTA AIR LINES, INC.                                   | DELTA AIR LINES INC 144A 7.000000% 05/01/2025                                     | CUSIP: 247361ZX9<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | DBT              | CORP              | US        |    390000 | PA      | $397405.27    | 0.24%             | 2025-05-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| SEI Daily Income Trust: Government Fund; Class F Shares | SEI DAILY INCOME TRUST GOVERNMENT FUND (#36)                                      | CUSIP: 783965593<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   3939961 | NS      | $3939960.95   | 2.34%             |  |  |  | No            |                  2 | On Loan: No      |
| IMPAC SECURED ASSETS CORP                               | IMPAC SECURED ASSETS TRUST 2006-2 IMSA 2006-2 2M3                                 | CUSIP: 45256VAU1<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |     40548 | PA      | $39384.02     | 0.02%             | 2036-08-25      | Floating      | 5.69%                 | No            |                  2 | On Loan: No      |
| THE WILLIAMS COMPANIES, INC.                            | WILLIAMS COS INC/THE 5.750000% 06/24/2044                                         | CUSIP: 969457BV1<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |     40000 | PA      | $38951.69     | 0.02%             | 2044-06-24      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BRK:JP MORGAN CHASE                                     | BRK:JP MORGAN CHASE PAY:1.65                                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | XX        |    377000 | NC      | $99556.06     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO.                                    | JPMORGAN CHASE & CO 3.109000% 04/22/2051                                          | CUSIP: 46647PBN5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |     10000 | PA      | $6928.73      | 0.00%             | 2051-04-22      | Fixed         | 3.11%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD WEC HOLDINGS INC.                            | BROOKFIELD WEC HOLDINGS INC. 8/1/2025                                             | CUSIP: 11284EAM5<br>LEI: N/A                  | Long             | LON              |  | US        |        50 | PA      | $49.03        | 0.00%             | 2025-08-01      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| ANGLO AMERICAN CAPITAL PLC                              | ANGLO AMERICAN CAPITAL PLC 144A 3.625000% 09/11/2024                              | CUSIP: 034863AS9<br>LEI: TINT358G1SSHR3L3PW36 | Long             | DBT              | NUSS              | ZA        |    200000 | PA      | $193719.88    | 0.11%             | 2024-09-11      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| CIGNA CORPORATION                                       | CIGNA CORP 3.400000% 03/01/2027                                                   | CUSIP: 125523CB4<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |    441000 | PA      | $416527.70    | 0.25%             | 2027-03-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| RANGE RESOURCES CORPORATION                             | RANGE RESOURCES CORP 5.000000% 03/15/2023                                         | CUSIP: 75281ABA6<br>LEI: H3Y3WLYCX0BTO1TRW162 | Long             | DBT              | CORP              | US        |      8000 | PA      | $7960.00      | 0.00%             | 2023-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SCHLUMBERGER HOLDINGS CORPORATION                       | SCHLUMBERGER HOLDINGS CORP 144A 3.900000% 05/17/2028                              | CUSIP: 806851AK7<br>LEI: 529900IKZG65COT1D505 | Long             | DBT              | CORP              | US        |     30000 | PA      | $28318.51     | 0.02%             | 2028-05-17      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN MORTGAGE TRUST                              | JP MORGAN MORTGAGE TRUST 2020-3 JPMMT 2020-3 A3A                                  | CUSIP: 46592AAD6<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |     70990 | PA      | $59643.77     | 0.04%             | 2050-08-25      | Floating      | 3.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC SEASONED CREDIT RISK TRANSFER TRUST         | SEASONED CREDIT RISK TRANSFER TRUST SERIES 2022-2 SCRT 2022-2 MA                  | CUSIP: 35563PE39<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    256598 | PA      | $235471.00    | 0.14%             | 2062-04-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Group AG                                  | CREDIT SUISSE GROUP AG 144A 9.750000% MATURITY: PERPETUAL                         | CUSIP: 225401AX6<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | NUSS              | CH        |    200000 | PA      | $170520.00    | 0.10%             | 2170-12-23      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| CAMERON LNG, LLC                                        | CAMERON LNG LLC 144A 2.902000% 07/15/2031                                         | CUSIP: 133434AA8<br>LEI: 549300C39FLHGVD73K22 | Long             | DBT              | CORP              | US        |     60000 | PA      | $51225.99     | 0.03%             | 2031-07-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS COMPANY                                | AMERICAN EXPRESS CO 3.375000% 05/03/2024                                          | CUSIP: 025816CV9<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19606.14     | 0.01%             | 2024-05-03      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| THE HOME DEPOT, INC.                                    | HOME DEPOT INC/THE 2.700000% 04/15/2030                                           | CUSIP: 437076CB6<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |     20000 | PA      | $17698.92     | 0.01%             | 2030-04-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| CHICAGO ILL MET WTR RECLAMATION DIST GTR CHICAGO        | CHICAGO IL MET WTR RECLAMATION METROPOLITAN WATER RECLAMATION DISTRICT OF GREATER | CUSIP: 167560PL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    345000 | PA      | $375304.87    | 0.22%             | 2038-12-01      | Fixed         | 5.72%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN AL9572                                                         | CUSIP: 3138ERT67<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     52520 | PA      | $52403.98     | 0.03%             | 2044-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PIONEER NATURAL RESOURCES COMPANY                       | PIONEER NATURAL RESOURCES CO 1.125000% 01/15/2026                                 | CUSIP: 723787AT4<br>LEI: FY8JBF7CCL2VE4F1B628 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8926.54      | 0.01%             | 2026-01-15      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN BQ5731                                                         | CUSIP: 3140KRLM9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    247401 | PA      | $216180.19    | 0.13%             | 2050-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC POOL FR SD0552                                                        | CUSIP: 3132DMTH8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     84790 | PA      | $70116.29     | 0.04%             | 2051-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| COMCAST CORPORATION                                     | COMCAST CORP 3.950000% 10/15/2025                                                 | CUSIP: 20030NCS8<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     70000 | PA      | $68800.69     | 0.04%             | 2025-10-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| APACHE CORPORATION                                      | APACHE CORP 5.350000% 07/01/2049                                                  | CUSIP: 037411BG9<br>LEI: 72ZZ1XRHOOU9P9X16K08 | Long             | DBT              | CORP              | US        |     20000 | PA      | $15824.00     | 0.01%             | 2049-07-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| KKR INDUSTRIAL PORTFOLIO TRUST                          | KKR INDUSTRIAL PORTFOLIO TRUST 2021-KDIP KIND 2021-KDIP A                         | CUSIP: 48254CAA3<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |     98845 | PA      | $94876.57     | 0.06%             | 2037-12-15      | Floating      | 4.43%                 | Yes           |                  2 | On Loan: No      |
| United States of America                                | US TREASURY N/B 2.875000% 05/15/2052                                              | CUSIP: 912810TG3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1190000 | PA      | $989187.50    | 0.59%             | 2052-05-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH INBEV WORLDWIDE INC.                     | ANHEUSER-BUSCH INBEV WORLDWIDE INC 5.550000% 01/23/2049                           | CUSIP: 03523TBV9<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | BE        |     20000 | PA      | $20476.54     | 0.01%             | 2049-01-23      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC.                                          | CITIGROUP INC 8.125000% 07/15/2039                                                | CUSIP: 172967EW7<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     60000 | PA      | $75337.29     | 0.04%             | 2039-07-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN AS4583                                                         | CUSIP: 3138WECV9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    112657 | PA      | $110043.35    | 0.07%             | 2045-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BRK-CITIGROUP                                           | BRK-CITIGROUP PAY-FIXED 2.85%                                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | XX        |    517000 | NC      | $18087.99     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| PAY :2.0%                                               | PAY :2.0% REC: USD SOFR- OIS COMPOUND                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | XX        |    500000 | NC      | $54880.52     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| ILPT COMMERCIAL MORTGAGE TRUST                          | ILPT COMMERCIAL MORTGAGE TRUST 2022-LPF2 ILPT 2022-LPF2 A                         | CUSIP: 449652AA4<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    160000 | PA      | $158751.74    | 0.09%             | 2039-10-15      | Floating      | 6.04%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC POOL FR ZT1748                                                        | CUSIP: 3132AD5H7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    145595 | PA      | $147181.62    | 0.09%             | 2049-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                      | ENERGY TRANSFER LP 5.000000% 05/15/2050                                           | CUSIP: 29278NAR4<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     30000 | PA      | $24724.50     | 0.01%             | 2050-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FIRSTKEY HOMES TRUST                                    | FIRSTKEY HOMES 2020-SFR2 TRUST FKH 2020-SFR2 A                                    | CUSIP: 33767JAA0<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    249654 | PA      | $220081.12    | 0.13%             | 2037-10-19      | Fixed         | 1.27%                 | Yes           |                  2 | On Loan: No      |
| GENERAL MOTORS COMPANY                                  | GENERAL MOTORS CO 5.400000% 10/02/2023                                            | CUSIP: 37045VAW0<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20026.31     | 0.01%             | 2023-10-02      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES PARTNERS LP                             | TARGA RESOURCES PARTNERS LP / TARGA RESOURCES PART 4.875000% 02/01/2031           | CUSIP: 87612BBS0<br>LEI: 6OQWTZ1SPC04IFT4T704 | Long             | DBT              | CORP              | US        |     30000 | PA      | $27324.60     | 0.02%             | 2031-02-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| SABEY DATA CENTER ISSUER, LLC                           | SABEY DATA CENTER ISSUER LLC SDCP 2020-1 A2                                       | CUSIP: 78520EAA4<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    170000 | PA      | $158492.16    | 0.09%             | 2045-04-20      | Fixed         | 3.81%                 | No            |                  2 | On Loan: No      |
| PROGRESS RESIDENTIAL MASTER TRUST                       | PROGRESS RESIDENTIAL 2019-SFR3 TRUST PROG 2019-SFR3 A                             | CUSIP: 74332WAA1<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    349492 | PA      | $330385.91    | 0.20%             | 2036-09-17      | Fixed         | 2.27%                 | No            |                  2 | On Loan: No      |
| NATIXIS COMMERCIAL MORTGAGE SECURITIES TRUST            | NATIXIS COMMERCIAL MORTGAGE SECURITIES TRUST 2019- NCMS 2019-FAME A               | CUSIP: 63873VAA1<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    110000 | PA      | $102089.39    | 0.06%             | 2036-08-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN BC1457                                                         | CUSIP: 3140EVTP2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    147625 | PA      | $133509.54    | 0.08%             | 2046-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS INC.                             | VERIZON COMMUNICATIONS INC 4.329000% 09/21/2028                                   | CUSIP: 92343VER1<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    270000 | PA      | $262488.48    | 0.16%             | 2028-09-21      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC.                                          | CITIGROUP INC 4.412000% 03/31/2031                                                | CUSIP: 172967MP3<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    183000 | PA      | $170099.75    | 0.10%             | 2031-03-31      | Fixed         | 4.41%                 | No            |                  2 | On Loan: No      |
| N/A                                                     | US 10YR FUT OPTN  Jan23C   113 LONG                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |         4 | NC      | $4812.50      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Government National Mortgage Association 2              | GINNIE MAE II POOL G2 BS8420                                                      | CUSIP: 3617MKK99<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     37651 | PA      | $37008.57     | 0.02%             | 2050-04-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Group AG                                  | CREDIT SUISSE GROUP AG 144A 1.305000% 02/02/2027                                  | CUSIP: 225401AT5<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | NUSS              | CH        |    250000 | PA      | $196595.00    | 0.12%             | 2027-02-02      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN MORTGAGE TRUST                              | JP MORGAN MORTGAGE TRUST 2018-5 JPMMT 2018-5 A1                                   | CUSIP: 46649KAA3<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |     16801 | PA      | $14768.22     | 0.01%             | 2048-10-25      | Floating      | 3.50%                 | No            |                  2 | On Loan: No      |
| COMCAST CORPORATION                                     | COMCAST CORP 2.937000% 11/01/2056                                                 | CUSIP: 20030NDU2<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     27000 | PA      | $17501.21     | 0.01%             | 2056-11-01      | Fixed         | 2.94%                 | No            |                  2 | On Loan: No      |
| RESIDENTIAL ASSET MORTGAGE PRODUCTS, INC.               | RAMP SERIES 2006-RZ3 TRUST RAMP 2006-RZ3 M1                                       | CUSIP: 75156MAD7<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    239809 | PA      | $229021.26    | 0.14%             | 2036-08-25      | Floating      | 4.39%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FM8864                                                         | CUSIP: 3140XCZ68<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     88585 | PA      | $76556.34     | 0.05%             | 2051-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                             | BANK OF AMERICA CORP 3.004000% 12/20/2023                                         | CUSIP: 06051GHC6<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     99000 | PA      | $98884.04     | 0.06%             | 2023-12-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SOFI PROFESSIONAL LOAN PROGRAM                          | SOFI PROFESSIONAL LOAN PROGRAM 2018-B TRUST SOFI 2018-B A2FX                      | CUSIP: 83404RAB4<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |     24643 | PA      | $23659.86     | 0.01%             | 2047-08-25      | Fixed         | 3.34%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY FLORIDA, LLC                                | DUKE ENERGY FLORIDA LLC 3.200000% 01/15/2027                                      | CUSIP: 26444HAC5<br>LEI: 7MOHLM3DKE63RX2ZCN83 | Long             | DBT              | CORP              | US        |    230000 | PA      | $218347.46    | 0.13%             | 2027-01-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC REMICS FHR 5224 HL                                                    | CUSIP: 3137H7G72<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    200000 | PA      | $183203.50    | 0.11%             | 2052-04-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM, INC.                                        | AMAZON.COM INC 3.100000% 05/12/2051                                               | CUSIP: 023135CB0<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    120000 | PA      | $87520.49     | 0.05%             | 2051-05-12      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST  | J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES T JPMCC 2018-PHH F               | CUSIP: 46650FAQ5<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    250000 | PA      | $43966.53     | 0.03%             | 2035-06-15      | Floating      | 7.18%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                             | BANK OF AMERICA CORP MTN 4.330000% 03/15/2050                                     | CUSIP: 06051GHS1<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    328000 | PA      | $277674.19    | 0.16%             | 2050-03-15      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| COMCAST CORPORATION                                     | COMCAST CORP 2.350000% 01/15/2027                                                 | CUSIP: 20030NBW0<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    260000 | PA      | $238418.14    | 0.14%             | 2027-01-15      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                             | BANK OF AMERICA CORP MTN 4.376000% 04/27/2028                                     | CUSIP: 06051GKP3<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96013.38     | 0.06%             | 2028-04-27      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| THE COCA-COLA COMPANY                                   | COCA-COLA CO/THE 1.450000% 06/01/2027                                             | CUSIP: 191216CU2<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |     40000 | PA      | $35570.57     | 0.02%             | 2027-06-01      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| BALL CORPORATION                                        | BALL CORP 3.125000% 09/15/2031                                                    | CUSIP: 058498AX4<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |     30000 | PA      | $23834.97     | 0.01%             | 2031-09-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM CORPORATION                        | OCCIDENTAL PETROLEUM CORP 3.400000% 04/15/2026                                    | CUSIP: 674599CH6<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18600.00     | 0.01%             | 2026-04-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM, INC.                                        | AMAZON.COM INC 4.100000% 04/13/2062                                               | CUSIP: 023135CK0<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    374000 | PA      | $315301.93    | 0.19%             | 2062-04-13      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| METLIFE SECURITIZATION TRUST                            | METLIFE SECURITIZATION TRUST 2020-1 MST 2020-INV1 A2A                             | CUSIP: 59166CAE9<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |     96448 | PA      | $81093.31     | 0.05%             | 2050-05-25      | Floating      | 2.50%                 | Yes           |                  2 | On Loan: No      |
| Republica de Colombia                                   | REPUBLIC OF COLOMBIA 5.625000% 02/26/2044                                         | CUSIP: 195325BR5<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    200000 | PA      | $142346.00    | 0.08%             | 2044-02-26      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| GARDA WORLD SECURITY CORPORATION                        | GARDA WORLD SECURITY CORPORATION 30-Oct-2026                                      | CUSIP: C4000KAD6<br>LEI: N/A                  | Long             | LON              |  | US        |     13741 | PA      | $13167.61     | 0.01%             | 2026-10-30      | Floating      | 8.93%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2              | GINNIE MAE II POOL 30YR TBA (FEBRUARY)                                            | CUSIP: 21H052629<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    100000 | PA      | $101021.94    | 0.06%             | 2053-02-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CSMC MORTGAGE BACKED TRUST                              | CSMC 2020-FACT CSMC 2020-FACT F                                                   | CUSIP: 126395AQ5<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    250000 | PA      | $210527.30    | 0.12%             | 2037-10-15      | Floating      | 10.03%                | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FS0549                                                         | CUSIP: 3140XFTF8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     95201 | PA      | $81858.80     | 0.05%             | 2052-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| LOWE'S COMPANIES, INC.                                  | LOWE'S COS INC 5.625000% 04/15/2053                                               | CUSIP: 548661EM5<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    245000 | PA      | $245109.63    | 0.15%             | 2053-04-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| PETROBRAS GLOBAL FINANCE B.V.                           | PETROBRAS GLOBAL FINANCE BV 7.375000% 01/17/2027                                  | CUSIP: 71647NAS8<br>LEI: 549300FNENFFSMO3GT38 | Long             | DBT              | NUSS              | BR        |    100000 | PA      | $103197.33    | 0.06%             | 2027-01-17      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| NSTAR ELECTRIC COMPANY                                  | NSTAR ELECTRIC CO 3.950000% 04/01/2030                                            | CUSIP: 67021CAP2<br>LEI: 54930080R72Y2Z31UR68 | Long             | DBT              | CORP              | US        |    230000 | PA      | $218323.57    | 0.13%             | 2030-04-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| SEQUOIA MORTGAGE TRUST                                  | SEQUOIA MORTGAGE TRUST 2021-1 SEMT 2021-1 A1                                      | CUSIP: 81747KAA1<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    329966 | PA      | $266222.68    | 0.16%             | 2051-03-25      | Floating      | 2.50%                 | Yes           |                  2 | On Loan: No      |
| APACHE CORPORATION                                      | APACHE CORP 4.250000% 01/15/2044                                                  | CUSIP: 037411BC8<br>LEI: 72ZZ1XRHOOU9P9X16K08 | Long             | DBT              | CORP              | US        |    150000 | PA      | $105080.82    | 0.06%             | 2044-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                             | BANK OF AMERICA CORP MTN 4.250000% 10/22/2026                                     | CUSIP: 06051GFL8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     50000 | PA      | $48957.59     | 0.03%             | 2026-10-22      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2              | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 30YR TBA (JAN)                           | CUSIP: 21H050615<br>LEI: N/A                  | Long             | DBT              |  | US        |    400000 | PA      | $399468.75    | 0.24%             | 2040-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                          | MORGAN STANLEY 2.484000% 09/16/2036                                               | CUSIP: 61747YEF8<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     20000 | PA      | $14868.73     | 0.01%             | 2036-09-16      | Fixed         | 2.48%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FS0523                                                         | CUSIP: 3140XFSM4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     94599 | PA      | $81636.83     | 0.05%             | 2052-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MSCCG TRUST                                             | MSCG TRUST 2015-ALDR MSCCG 2015-ALDR A2                                           | CUSIP: 55352NAC1<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    110000 | PA      | $99859.14     | 0.06%             | 2035-06-07      | Floating      | 3.46%                 | No            |                  2 | On Loan: No      |
| GREAT OUTDOORS GROUP, LLC                               | GREAT OUTDOORS GROUP, LLC 3/6/2028                                                | CUSIP: 07014QAN1<br>LEI: N/A                  | Long             | LON              |  | US        |     29477 | PA      | $28290.79     | 0.02%             | 2028-03-06      | Floating      | 7.50%                 | No            |                  2 | On Loan: No      |
| The Bank of New York Mellon Corporation                 | BANK OF NEW YORK MELLON CORP/THE MTN 1.600000% 04/24/2025                         | CUSIP: 06406RAN7<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18570.41     | 0.01%             | 2025-04-24      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| Republica Oriental del Uruguay                          | REPUBLICA ORIENT URUGUAY 5.750000% 10/28/2034                                     | CUSIP: 760942BE1<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |    150000 | PA      | $162911.43    | 0.10%             | 2034-10-28      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| MPT OPERATING PARTNERSHIP, L.P.                         | MPT OPERATING PARTNERSHIP LP / MPT FINANCE CORP 5.000000% 10/15/2027              | CUSIP: 55342UAH7<br>LEI: WUQXXXF7PXTUPGROE843 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8538.00      | 0.01%             | 2027-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2              | GINNIE MAE II POOL G2 MA4718                                                      | CUSIP: 36179TG33<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |      2169 | PA      | $1981.57      | 0.00%             | 2047-09-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC COMPANY                        | PACIFIC GAS AND ELECTRIC CO 2.500000% 02/01/2031                                  | CUSIP: 694308JG3<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     20000 | PA      | $15684.52     | 0.01%             | 2031-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN BQ1567                                                         | CUSIP: 3140KLW57<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    377740 | PA      | $340767.92    | 0.20%             | 2050-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FRESENIUS MEDICAL CARE US FINANCE II, INC.              | FRESENIUS MEDICAL CARE US FINANCE II INC 144A 4.750000% 10/15/2024                | CUSIP: 35802XAJ2<br>LEI: 5493008GJ5TVVTY4UM62 | Long             | DBT              | CORP              | DE        |     50000 | PA      | $48612.93     | 0.03%             | 2024-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CONTINENTAL RESOURCES, INC.                             | CONTINENTAL RESOURCES INC/OK 144A 2.268000% 11/15/2026                            | CUSIP: 212015AU5<br>LEI: XXRTID9RYWOZ0UPIVR53 | Long             | DBT              | CORP              | US        |     20000 | PA      | $17293.20     | 0.01%             | 2026-11-15      | Fixed         | 2.27%                 | No            |                  2 | On Loan: No      |
| CARRIER GLOBAL CORPORATION                              | CARRIER GLOBAL CORP 2.700000% 02/15/2031                                          | CUSIP: 14448CAL8<br>LEI: 549300JE3W6CWY2NAN77 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8357.95      | 0.00%             | 2031-02-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                             | BANK OF AMERICA CORP MTN 4.000000% 01/22/2025                                     | CUSIP: 06051GFM6<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    300000 | PA      | $294123.45    | 0.17%             | 2025-01-22      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| US 10YR FUT OPTN  Jan23C 113.5                          | US 10YR FUT OPTN  Jan23C 113.5 LONG                                               | CUSIP: 018YVNJV4<br>LEI: N/A                  | N/A              | DIR              |  | US        |         2 | NC      | $1843.75      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN CB3126                                                         | CUSIP: 3140QNPL0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     95198 | PA      | $87669.20     | 0.05%             | 2052-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2              | GINNIE MAE II POOL G2 MA3936                                                      | CUSIP: 36179SLR6<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    110616 | PA      | $101503.94    | 0.06%             | 2046-09-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY CAPITAL I TRUST                          | MORGAN STANLEY CAPITAL I TRUST 2018-H4 MSC 2018-H4 A4                             | CUSIP: 61691RAE6<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    313000 | PA      | $296507.87    | 0.18%             | 2051-12-15      | Fixed         | 4.31%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE REMICS FNR 2015-56 AS                                                  | CUSIP: 3136APTN2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    128244 | PA      | $14829.77     | 0.01%             | 2045-08-25      | Floating      | 2.13%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FM4330                                                         | CUSIP: 3140X7Y45<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    185254 | PA      | $161298.37    | 0.10%             | 2050-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC NON GOLD POOL FH 841090                                               | CUSIP: 31288QF70<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    247454 | PA      | $246840.39    | 0.15%             | 2046-10-01      | Floating      | 3.15%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC GOLD POOL FG U99124                                                   | CUSIP: 3132H7D68<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    150517 | PA      | $141668.48    | 0.08%             | 2045-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ASSET BACKED SECURITIES CORPORATION                     | ASSET BACKED SECURITIES CORP HOME EQUITY LOAN TRUS ABSHE 2007-HE1 A4              | CUSIP: 04544RAC9<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |     91765 | PA      | $88859.16     | 0.05%             | 2036-12-25      | Floating      | 4.18%                 | No            |                  2 | On Loan: No      |
| United States of America                                | U.S. TREASURY INFLATION-PROTECTED SECURITIES 0.125%  01/15/2030                   | CUSIP: 912828Z37<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | USGA              | US        |    390000 | PA      | $410731.98    | 0.24%             | 2030-01-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| OBX TRUST                                               | OBX 2022-NQM1 TRUST OBX 2022-NQM1 A2                                              | CUSIP: 67114VAB9<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    120000 | PA      | $89954.17     | 0.05%             | 2061-11-25      | Floating      | 3.00%                 | Yes           |                  2 | On Loan: No      |
| PT Pertamina (Persero)                                  | PERTAMINA PERSERO PT 144A 6.000000% 05/03/2042                                    | CUSIP: 69369EAD1<br>LEI: 254900NDAKGNZ2IBBL45 | Long             | DBT              | NUSS              | ID        |    200000 | PA      | $193170.00    | 0.11%             | 2042-05-03      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| EXELON CORPORATION                                      | EXELON CORP 5.100000% 06/15/2045                                                  | CUSIP: 30161NAS0<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |    328000 | PA      | $308940.42    | 0.18%             | 2045-06-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN CA6635                                                         | CUSIP: 3140QELR1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    514363 | PA      | $448143.30    | 0.27%             | 2050-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| United States of America                                | TREASURY BILL 0.000000% 02/09/2023                                                | CUSIP: 912796XZ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    350000 | PA      | $347212.70    | 0.21%             | 2023-02-09      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING, LLC                   | CHARTER COMMUNICATIONS OPERATING, LLC 2/1/2027                                    | CUSIP: 16117LBX6<br>LEI: N/A                  | Long             | LON              |  | US        |      9798 | PA      | $9544.31      | 0.01%             | 2027-02-01      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE OR FREDDIE MAC 30YR TBA (FEBRUARY)                                     | CUSIP: 01F050627<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    300000 | PA      | $298347.66    | 0.18%             | 2053-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BROKER : GOLDMAN SACHS                                  | BROKER : GOLDMAN SACHS REC: SOFR COMPOUNDING                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | XX        |    400000 | NC      | $106649.55    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| WORKDAY, INC.                                           | WORKDAY INC 3.500000% 04/01/2027                                                  | CUSIP: 98138HAG6<br>LEI: 549300J0DYC0N31V7G13 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18907.18     | 0.01%             | 2027-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING, INC.                                 | LEVEL 3 FINANCING, INC. 3/1/2027                                                  | CUSIP: 52729KAP1<br>LEI: N/A                  | Long             | LON              |  | US        |     45691 | PA      | $43420.26     | 0.03%             | 2027-03-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| VANTAGE DATA CENTERS ISSUER LLC                         | VANTAGE DATA CENTERS ISSUER LLC VDC 2020-1A A2                                    | CUSIP: 92212KAB2<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    387000 | PA      | $337520.00    | 0.20%             | 2045-09-15      | Fixed         | 1.65%                 | Yes           |                  2 | On Loan: No      |
| THE HOME DEPOT, INC.                                    | HOME DEPOT INC/THE 3.625000% 04/15/2052                                           | CUSIP: 437076CQ3<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |     80000 | PA      | $63459.64     | 0.04%             | 2052-04-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC POOL FR SD1132                                                        | CUSIP: 3132DNHH9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     98126 | PA      | $93086.41     | 0.06%             | 2052-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2              | GINNIE MAE II POOL G2 MA6477                                                      | CUSIP: 36179VFS4<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     18164 | PA      | $17978.76     | 0.01%             | 2050-02-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| United States of America                                | US TREASURY N/B 1.250000% 11/30/2026                                              | CUSIP: 91282CDK4<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |   4660000 | PA      | $4200189.04   | 2.49%             | 2026-11-30      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| United States of America                                | US TREASURY N/B 2.250000% 05/15/2041                                              | CUSIP: 912810SY5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     10000 | PA      | $7683.98      | 0.00%             | 2041-05-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| EXELON CORPORATION                                      | EXELON CORP 5.625000% 06/15/2035                                                  | CUSIP: 30161NAC5<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |     60000 | PA      | $61451.70     | 0.04%             | 2035-06-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC POOL FR SD8037                                                        | CUSIP: 3132DV4W2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    106379 | PA      | $91957.00     | 0.05%             | 2050-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| DEVON ENERGY CORPORATION                                | DEVON ENERGY CORP 8.250000% 08/01/2023                                            | CUSIP: 25179MBB8<br>LEI: 54930042348RKR3ZPN35 | Long             | DBT              | CORP              | US        |     30000 | PA      | $30493.30     | 0.02%             | 2023-08-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FM4726                                                         | CUSIP: 3140X8HC4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    151890 | PA      | $146034.73    | 0.09%             | 2034-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC.                                          | CITIGROUP INC 3.785000% 03/17/2033                                                | CUSIP: 172967NN7<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     60000 | PA      | $52379.35     | 0.03%             | 2033-03-17      | Fixed         | 3.79%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY CAPITAL I INC.                           | MORGAN STANLEY CAPITAL I TRUST 2007-IQ16 MSC 2007-IQ16 AJ                         | CUSIP: 61756UAH4<br>LEI: 3IFG42XD94UUZ7FL2766 | Long             | ABS-MBS          |  | US        |     13789 | PA      | $6735.81      | 0.00%             | 2049-12-12      | Floating      | 6.28%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN 555647                                                         | CUSIP: 31385XHY6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     85306 | PA      | $85087.32     | 0.05%             | 2033-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO COMMERCIAL MORTGAGE TRUST                   | WELLS FARGO COMMERCIAL MORTGAGE TRUST 2021-C59 WFCM 2021-C59 A5                   | CUSIP: 95003CAJ9<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    475000 | PA      | $390232.59    | 0.23%             | 2054-04-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN CA6871                                                         | CUSIP: 3140QET51<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    151495 | PA      | $140049.38    | 0.08%             | 2035-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS INC.                             | VERIZON COMMUNICATIONS INC 2.550000% 03/21/2031                                   | CUSIP: 92343VGJ7<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     90000 | PA      | $75032.15     | 0.04%             | 2031-03-21      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| MANULIFE FINANCIAL CORP                                 | MANULIFE FINANCIAL CORP 3.703000% 03/16/2032                                      | CUSIP: 56501RAN6<br>LEI: 5493007GBX87QOZACS27 | Long             | DBT              | NUSS              | CA        |    340000 | PA      | $303865.46    | 0.18%             | 2032-03-16      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| GS MORTGAGE SECURITIES CORPORATION TRUST                | GS MORTGAGE SECURITIES CORP II GSMS 2018-SRP5 A                                   | CUSIP: 36255TAA0<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    173860 | PA      | $145016.16    | 0.09%             | 2031-09-15      | Floating      | 5.68%                 | No            |                  2 | On Loan: No      |
| Shell International Finance B.V.                        | SHELL INTERNATIONAL FINANCE BV 4.000000% 05/10/2046                               | CUSIP: 822582BQ4<br>LEI: 213800ITMMKU4Z7I4F78 | Long             | DBT              | NUSS              | NL        |     50000 | PA      | $42228.18     | 0.03%             | 2046-05-10      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS INC.                             | VERIZON COMMUNICATIONS INC 2.355000% 03/15/2032                                   | CUSIP: 92343VGN8<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     93000 | PA      | $74653.87     | 0.04%             | 2032-03-15      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| JAZZ PHARMACEUTICALS PUBLIC LIMITED COMPANY             | JAZZ PHARMACEUTICALS PUBLIC LIMITED COMPANY 5/5/2028                              | CUSIP: G5080AAF9<br>LEI: N/A                  | Long             | LON              |  | US        |     80165 | PA      | $79463.88     | 0.05%             | 2028-05-05      | Floating      | 7.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC POOL FR SD1749                                                        | CUSIP: 3132DN5J8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     99764 | PA      | $85782.69     | 0.05%             | 2052-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FIRSTKEY HOMES TRUST                                    | FIRSTKEY HOMES 2022-SFR2 TRUST FKH 2022-SFRA A                                    | CUSIP: 33768DAA2<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    292883 | PA      | $262704.76    | 0.16%             | 2039-03-17      | Fixed         | 3.10%                 | Yes           |                  2 | On Loan: No      |
| Government National Mortgage Association 2              | GINNIE MAE II POOL G2 AP1087                                                      | CUSIP: 36188MF46<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     82729 | PA      | $80569.93     | 0.05%             | 2045-11-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COMCAST CORPORATION                                     | COMCAST CORP 4.250000% 10/15/2030                                                 | CUSIP: 20030NCU3<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    130000 | PA      | $125260.24    | 0.07%             | 2030-10-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY             | MASSACHUSETTS MUTUAL LIFE INSURANCE CO 144A 5.672000% 12/01/2052                  | CUSIP: 575767AT5<br>LEI: R6ZXK5P01NP6HXSY1S07 | Long             | DBT              | CORP              | US        |    305000 | PA      | $306659.20    | 0.18%             | 2052-12-01      | Fixed         | 5.67%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORPORATION                                  | CVS HEALTH CORP 3.875000% 07/20/2025                                              | CUSIP: 126650CL2<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |     18000 | PA      | $17688.68     | 0.01%             | 2025-07-20      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                          | MORGAN STANLEY 3.737000% 04/24/2024                                               | CUSIP: 61744YAQ1<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     40000 | PA      | $39723.78     | 0.02%             | 2024-04-24      | Fixed         | 3.74%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN CA2047                                                         | CUSIP: 3140Q9HZ9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     24580 | PA      | $24498.28     | 0.01%             | 2048-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ECOPETROL S.A.                                          | ECOPETROL SA 4.625000% 11/02/2031                                                 | CUSIP: 279158AP4<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | NUSS              | CO        |     20000 | PA      | $15050.00     | 0.01%             | 2031-11-02      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| BP CAPITAL MARKETS AMERICA INC.                         | BP CAPITAL MARKETS AMERICA INC 3.588000% 04/14/2027                               | CUSIP: 10373QAZ3<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9625.31      | 0.01%             | 2027-04-14      | Fixed         | 3.59%                 | No            |                  2 | On Loan: No      |
| The Bank of New York Mellon Corporation                 | BANK OF NEW YORK MELLON CORP/THE MTN 4.289000% 06/13/2033                         | CUSIP: 06406RBH9<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    140000 | PA      | $131288.01    | 0.08%             | 2033-06-13      | Fixed         | 4.29%                 | No            |                  2 | On Loan: No      |
| BRK - JEFFERIES                                         | Credit Default Swap                                                               | CUSIP: CDS125747<br>LEI: N/A                  | N/A              | DCR              |  | XX        |   -294000 | NC      | $5326.15      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN BM1565                                                         | CUSIP: 3140J5W39<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     81701 | PA      | $74055.36     | 0.04%             | 2047-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC POOL FR SD7509                                                        | CUSIP: 3132DVKW4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     49977 | PA      | $44975.47     | 0.03%             | 2049-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| TERRIER MEDIA BUYER                                     | TERRIER MEDIA BUYER 17-Dec-2026                                                   | CUSIP: 88145LAE4<br>LEI: N/A                  | Long             | LON              |  | US        |     38883 | PA      | $36063.63     | 0.02%             | 2026-12-17      | Floating      | 7.25%                 | No            |                  2 | On Loan: No      |
| FRESB MORTGAGE TRUST                                    | FRESB 2019-SB63 MORTGAGE TRUST FRESB 2019-SB63 A5H                                | CUSIP: 30298BAE3<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    195951 | PA      | $189380.49    | 0.11%             | 2039-02-25      | Floating      | 2.55%                 | No            |                  2 | On Loan: No      |
| SMALL BUSINESS ADMINISTRATION GTD                       | UNITED STATES SMALL BUSINESS ADMINISTRATION SBAP 2010-20B 1                       | CUSIP: 83162CTB9<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |     37498 | PA      | $36229.02     | 0.02%             | 2030-02-01      | Fixed         | 4.14%                 | No            |                  2 | On Loan: No      |
| SMALL BUSINESS ADMINISTRATION GTD                       | UNITED STATES SMALL BUSINESS ADMINISTRATION SBAP 2015-20F 1                       | CUSIP: 83162CXB4<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |     93588 | PA      | $87697.07     | 0.05%             | 2035-06-01      | Fixed         | 2.98%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN CA7257                                                         | CUSIP: 3140QFB32<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     80299 | PA      | $69729.25     | 0.04%             | 2050-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING, LLC                   | CHARTER COMMUNICATIONS OPERATING LLC / CHARTER COM 5.050000% 03/30/2029           | CUSIP: 161175BR4<br>LEI: 549300TPZNMN50BJ3745 | Long             | DBT              | CORP              | US        |     40000 | PA      | $38047.61     | 0.02%             | 2029-03-30      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| United States of America                                | US TREASURY N/B 2.000000% 11/15/2026                                              | CUSIP: 912828U24<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |   2670000 | PA      | $2479866.79   | 1.47%             | 2026-11-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ALI GROUP NORTH AMERICA CORPORATION                     | ALI GROUP NORTH AMERICA CORPORATION 7/30/2029                                     | CUSIP: 01608UAE7<br>LEI: N/A                  | Long             | LON              |  | US        |     63311 | PA      | $62420.97     | 0.04%             | 2029-07-30      | Floating      | 5.84%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC POOL FR RA3913                                                        | CUSIP: 3133KKK24<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    232930 | PA      | $202737.07    | 0.12%             | 2050-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC GOLD POOL FG Q53595                                                   | CUSIP: 3132XV7H0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    459191 | PA      | $429425.42    | 0.25%             | 2048-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| NEXSTAR BROADCASTING, INC.                              | NEXSTAR BROADCASTING, INC. 9/18/2026                                              | CUSIP: 65336RAW8<br>LEI: N/A                  | Long             | LON              |  | US        |     34275 | PA      | $33968.21     | 0.02%             | 2026-09-18      | Floating      | 6.25%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORPORATION                                  | CVS HEALTH CORP 4.250000% 04/01/2050                                              | CUSIP: 126650DL1<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |     70000 | PA      | $57621.36     | 0.03%             | 2050-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                   | WELLS FARGO & CO MTN 4.808000% 07/25/2028                                         | CUSIP: 95000U3A9<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    457000 | PA      | $446339.03    | 0.26%             | 2028-07-25      | Fixed         | 4.81%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2              | GINNIE MAE II POOL G2 MA5711                                                      | CUSIP: 36179UKY7<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     64268 | PA      | $63001.73     | 0.04%             | 2049-01-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2012-H27 AI                          | CUSIP: 38375BZC9<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     39301 | PA      | $1166.09      | 0.00%             | 2062-10-20      | Floating      | 1.63%                 | No            |                  2 | On Loan: No      |
| BP CAPITAL MARKETS AMERICA INC.                         | BP CAPITAL MARKETS AMERICA INC 3.000000% 02/24/2050                               | CUSIP: 10373QBG4<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |     50000 | PA      | $34454.67     | 0.02%             | 2050-02-24      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION BRANDS, INC.                              | CONSTELLATION BRANDS INC 4.750000% 11/15/2024                                     | CUSIP: 21036PAN8<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |     80000 | PA      | $79538.03     | 0.05%             | 2024-11-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| United States of America                                | TREASURY BILL 0.000000% 03/02/2023                                                | CUSIP: 912796YB9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    230000 | PA      | $227521.76    | 0.13%             | 2023-03-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| GENESEE & WYOMING INC.                                  | GENESEE & WYOMING INC. 30-Dec-2026                                                | CUSIP: 55316HAB1<br>LEI: N/A                  | Long             | LON              |  | US        |     87324 | PA      | $86396.30     | 0.05%             | 2026-12-30      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2              | GINNIE MAE II POOL G2 BC4732                                                      | CUSIP: 3617B8HH4<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     28549 | PA      | $26877.98     | 0.02%             | 2047-10-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN MA2672                                                         | CUSIP: 31418B6J0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     64101 | PA      | $60834.31     | 0.04%             | 2036-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC POOL FR RA3206                                                        | CUSIP: 3133KJR38<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    447493 | PA      | $372288.60    | 0.22%             | 2050-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| LA BANQUE TORONTO-DOMINION                              | TORONTO-DOMINION BANK/THE MTN 0.750000% 06/12/2023                                | CUSIP: 89114QCG1<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | NUSS              | CA        |     80000 | PA      | $78285.57     | 0.05%             | 2023-06-12      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC.                                          | TRANSDIGM INC. 12/9/2025                                                          | CUSIP: 89364MBR4<br>LEI: N/A                  | Long             | LON              |  | US        |      9823 | PA      | $9666.65      | 0.01%             | 2025-12-09      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC POOL FR ZT0794                                                        | CUSIP: 3132AC3B4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    172760 | PA      | $171594.75    | 0.10%             | 2048-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| INDONESIA RUPIAH                                        | FX Forward Contract: IDR/USD SETTLE 2023-01-18                                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | ID        |         1 | NC      | $-10874.35    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| API GROUP DE, INC.                                      | API GROUP DE, INC. 10/1/2026                                                      | CUSIP: 00186XAB9<br>LEI: N/A                  | Long             | LON              |  | US        |     73940 | PA      | $73126.39     | 0.04%             | 2026-10-01      | Floating      | 3.75%                 | No            |                  2 | On Loan: No      |
| JAPANESE YEN                                            | FX Forward Contract: JPY/USD SETTLE 2023-01-18                                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | JP        |         1 | NC      | $26344.04     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2021-176 IN                          | CUSIP: 38383CED8<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    276054 | PA      | $37152.95     | 0.02%             | 2051-10-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS, LLC                                       | CSC HOLDINGS, LLC 1/15/2026                                                       | CUSIP: 64072UAH5<br>LEI: N/A                  | Long             | LON              |  | US        |         0 | PA      | $0.02         | 0.00%             | 2026-01-15      | Floating      | 6.12%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC.                                          | CITIGROUP INC 3.700000% 01/12/2026                                                | CUSIP: 172967KG5<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95990.03     | 0.06%             | 2026-01-12      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| PRIME SECURITY SERVICES BORROWER, LLC                   | PRIME SECURITY SERVICES BORROWER, LLC 9/23/2026                                   | CUSIP: 03765VAK6<br>LEI: N/A                  | Long             | LON              |  | US        |     91505 | PA      | $90121.47     | 0.05%             | 2026-09-23      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| United States of America                                | TREASURY BILL 0.000000% 02/23/2023                                                | CUSIP: 912796T33<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    780000 | PA      | $772491.36    | 0.46%             | 2023-02-23      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN CB1273                                                         | CUSIP: 3140QLMX1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     91731 | PA      | $76117.17     | 0.05%             | 2051-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES, INC.                                   | UNITED AIRLINES 2014-1 CLASS A PASS THROUGH TRUST 4.000000% 04/11/2026            | CUSIP: 90932PAA6<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |    492691 | PA      | $456840.74    | 0.27%             | 2026-04-11      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VERIZON OWNER TRUST                                     | VERIZON OWNER TRUST 2020-A VZOT 2020-A A1A                                        | CUSIP: 92348TAA2<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |     49879 | PA      | $49647.81     | 0.03%             | 2024-07-22      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC NON GOLD POOL FH 841089                                               | CUSIP: 31288QF62<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    124689 | PA      | $123869.90    | 0.07%             | 2047-06-01      | Floating      | 3.17%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS INC.                             | VERIZON COMMUNICATIONS INC 4.329000% 09/21/2028                                   | CUSIP: 92343VER1<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29165.39     | 0.02%             | 2028-09-21      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM CORPORATION                        | OCCIDENTAL PETROLEUM CORP 6.200000% 03/15/2040                                    | CUSIP: 674599DJ1<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     75000 | PA      | $73310.25     | 0.04%             | 2040-03-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Group AG                                  | CREDIT SUISSE GROUP AG 144A 4.194000% 04/01/2031                                  | CUSIP: 225401AP3<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | NUSS              | CH        |    250000 | PA      | $189527.79    | 0.11%             | 2031-04-01      | Fixed         | 4.19%                 | No            |                  2 | On Loan: No      |
| MERRILL LYNCH MORTGAGE TRUST                            | MERRILL LYNCH MORTGAGE INVESTORS TRUST SERIES 2004 MLMI 2004-WMC5 M1              | CUSIP: 59020UMF9<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    230792 | PA      | $219984.21    | 0.13%             | 2035-07-25      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING, LLC                   | CHARTER COMMUNICATIONS OPERATING LLC / CHARTER COM 6.384000% 10/23/2035           | CUSIP: 161175AZ7<br>LEI: 549300TPZNMN50BJ3745 | Long             | DBT              | CORP              | US        |    580000 | PA      | $570684.88    | 0.34%             | 2035-10-23      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Duke Energy Carolinas, LLC                              | DUKE ENERGY CAROLINAS LLC 3.950000% 03/15/2048                                    | CUSIP: 26442CAU8<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |     98000 | PA      | $79602.46     | 0.05%             | 2048-03-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Provincia de Buenos Aires                               | PROVINCIA DE BUENOS AIRES/GOVERNMENT BONDS MTN 5.250000% 09/01/2037               | CUSIP: N/A<br>LEI: 549300L6AYROPOTQ4L07       | Long             | DBT              | NUSS              | AR        |    216874 | PA      | $72245.05     | 0.04%             | 2037-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                      | ENERGY TRANSFER LP 6.500000% MATURITY: PERPETUAL                                  | CUSIP: 29273VAN0<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     20000 | PA      | $17213.60     | 0.01%             | 2171-11-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CIGNA CORPORATION                                       | CIGNA CORP 4.900000% 12/15/2048                                                   | CUSIP: 125523AK6<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9231.85      | 0.01%             | 2048-12-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| FREEPORT-MCMORAN INC.                                   | FREEPORT-MCMORAN INC 4.625000% 08/01/2030                                         | CUSIP: 35671DCH6<br>LEI: 549300IRDTHJQ1PVET45 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9134.29      | 0.01%             | 2030-08-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| CMENA IR SWAP FWD                                       | CMENA IR SWAP FWD PAY: 3.85% FIXED                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | XX        |   2094000 | NC      | $-48061.47    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2              | GINNIE MAE II POOL G2 MA5877                                                      | CUSIP: 36179UQ62<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     12614 | PA      | $12475.78     | 0.01%             | 2049-04-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FS0424                                                         | CUSIP: 3140XFPJ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     93964 | PA      | $81210.10     | 0.05%             | 2052-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO.                                    | JPMORGAN CHASE & CO 4.565000% 06/14/2030                                          | CUSIP: 46647PDF0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    180000 | PA      | $171593.18    | 0.10%             | 2030-06-14      | Fixed         | 4.57%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC POOL FR RA4703                                                        | CUSIP: 3133KLGL5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    275639 | PA      | $230425.12    | 0.14%             | 2051-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC COMPANY                        | PACIFIC GAS AND ELECTRIC CO 2.100000% 08/01/2027                                  | CUSIP: 694308JF5<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     20000 | PA      | $17017.75     | 0.01%             | 2027-08-01      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| Coterra Energy Inc.                                     | COTERRA ENERGY INC 144A 4.375000% 03/15/2029                                      | CUSIP: 127097AH6<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | DBT              | CORP              | US        |    160000 | PA      | $152395.17    | 0.09%             | 2029-03-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA, INC.                                      | T-MOBILE USA INC 3.000000% 02/15/2041                                             | CUSIP: 87264ABL8<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |     10000 | PA      | $7273.25      | 0.00%             | 2041-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY BANK OF AMERICA MERRILL LYNCH TRUST      | MORGAN STANLEY BANK OF AMERICA MERRILL LYNCH TRUST MSBAM 2014-C17 A4              | CUSIP: 61763UAY8<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    216574 | PA      | $209732.30    | 0.12%             | 2047-08-15      | Fixed         | 3.44%                 | No            |                  2 | On Loan: No      |
| SMALL BUSINESS ADMINISTRATION GTD                       | UNITED STATES SMALL BUSINESS ADMINISTRATION SBAP 2011-20G 1                       | CUSIP: 83162CUD3<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    144212 | PA      | $138174.89    | 0.08%             | 2031-07-01      | Fixed         | 3.74%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST                           | FREDDIE MAC STACR REMIC TRUST 2020-DNA1 STACR 2020-DNA1 B1                        | CUSIP: 35565HBD6<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    180000 | PA      | $171581.76    | 0.10%             | 2050-01-25      | Floating      | 6.32%                 | No            |                  2 | On Loan: No      |
| United States of America                                | US TREASURY N/B 1.625000% 11/15/2050                                              | CUSIP: 912810SS8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2680000 | PA      | $1655318.75   | 0.98%             | 2050-11-15      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPERATING LLC                       | ENTERPRISE PRODUCTS OPERATING LLC 4.150000% 10/16/2028                            | CUSIP: 29379VBT9<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    350000 | PA      | $333684.06    | 0.20%             | 2028-10-16      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC POOL FR QB2668                                                        | CUSIP: 3133A86D4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    241894 | PA      | $208745.66    | 0.12%             | 2050-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| AerCap Ireland Capital Designated Activity Company      | AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATIO 2.450000% 10/29/2026           | CUSIP: 00774MAV7<br>LEI: 549300TI38531ODB1G63 | Long             | DBT              | NUSS              | IE        |    150000 | PA      | $131894.31    | 0.08%             | 2026-10-29      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS EDL FING AUTH ED LN REV                   | MASSACHUSETTS ST EDUCTNL FING MASSACHUSETTS EDUCATIONAL FINANCING AUTHORITY       | CUSIP: 57563RSP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    285000 | PA      | $272161.15    | 0.16%             | 2027-07-01      | Fixed         | 4.14%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FM6497                                                         | CUSIP: 3140XAGF3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    226588 | PA      | $189356.87    | 0.11%             | 2051-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Cooperatieve Rabobank U.A.                              | COOPERATIEVE RABOBANK UA 4.375000% 08/04/2025                                     | CUSIP: 21684AAC0<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | NUSS              | NL        |    250000 | PA      | $242948.32    | 0.14%             | 2025-08-04      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FM3444                                                         | CUSIP: 3140X6ZJ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     97379 | PA      | $90283.28     | 0.05%             | 2050-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FM2336                                                         | CUSIP: 3140X5S20<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     85348 | PA      | $81830.41     | 0.05%             | 2050-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United States of America                                | US TREASURY N/B 2.250000% 02/15/2052                                              | CUSIP: 912810TD0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1282000 | PA      | $925794.30    | 0.55%             | 2052-02-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| DELTA AIRLINES 2020-1 CLASS AA PASS THROUGH TRUST       | DELTA AIR LINES 2020-1 CLASS AA PASS THROUGH TRUST 2.000000% 06/10/2028           | CUSIP: 247361ZV3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    149670 | PA      | $128385.69    | 0.08%             | 2028-06-10      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| DEVON ENERGY CORPORATION                                | DEVON ENERGY CORP 5.600000% 07/15/2041                                            | CUSIP: 25179MAL7<br>LEI: 54930042348RKR3ZPN35 | Long             | DBT              | CORP              | US        |     50000 | PA      | $48313.54     | 0.03%             | 2041-07-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC GOLD POOL FG Q31008                                                   | CUSIP: 3132QMDN8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     34545 | PA      | $33780.27     | 0.02%             | 2045-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| RACKSPACE TECHNOLOGY GLOBAL, INC.                       | RACKSPACE TECHNOLOGY GLOBAL, INC. 2/15/2028                                       | CUSIP: 75009XAB6<br>LEI: N/A                  | Long             | LON              |  | US        |     49250 | PA      | $32963.52     | 0.02%             | 2028-02-15      | Floating      | 7.38%                 | No            |                  2 | On Loan: No      |
| CAMERON LNG, LLC                                        | CAMERON LNG LLC 144A 3.302000% 01/15/2035                                         | CUSIP: 133434AB6<br>LEI: 549300C39FLHGVD73K22 | Long             | DBT              | CORP              | US        |     70000 | PA      | $57855.01     | 0.03%             | 2035-01-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE OR FREDDIE MAC 30YR TBA (DECEMBER)                                     | CUSIP: 01F0206C8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    100000 | PA      | $82363.28     | 0.05%             | 2052-12-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| TRANSCONTINENTAL GAS PIPE LINE COMPANY, LLC             | TRANSCONTINENTAL GAS PIPE LINE CO LLC 7.850000% 02/01/2026                        | CUSIP: 893574AH6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $53758.57     | 0.03%             | 2026-02-01      | Fixed         | 7.85%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC NON GOLD POOL FH 841077                                               | CUSIP: 31288QFS4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     61148 | PA      | $59020.12     | 0.03%             | 2047-11-01      | Floating      | 2.88%                 | No            |                  2 | On Loan: No      |
| AMWINS GROUP INC.                                       | AMWINS GROUP INC. 2/19/2028                                                       | CUSIP: 03234TAW8<br>LEI: N/A                  | Long             | LON              |  | US        |     19300 | PA      | $18883.54     | 0.01%             | 2028-02-19      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| CINTAS CORP NO 2                                        | CINTAS CORP NO 2 4.000000% 05/01/2032                                             | CUSIP: 17252MAQ3<br>LEI: 549300QVUQTTKMTE0G41 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18937.85     | 0.01%             | 2032-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORPORATION                                  | CVS HEALTH CORP 4.125000% 04/01/2040                                              | CUSIP: 126650DK3<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8430.09      | 0.00%             | 2040-04-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FM6597                                                         | CUSIP: 3140XAKK7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     86163 | PA      | $74262.98     | 0.04%             | 2041-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS INC.                             | VERIZON COMMUNICATIONS INC 4.500000% 08/10/2033                                   | CUSIP: 92343VEA8<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    180000 | PA      | $170582.10    | 0.10%             | 2033-08-10      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AT&T INC.                                               | AT&T INC 4.350000% 03/01/2029                                                     | CUSIP: 00206RHJ4<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    120000 | PA      | $115148.64    | 0.07%             | 2029-03-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| United States of America                                | TREASURY BILL 0.000000% 02/02/2023                                                | CUSIP: 912796XT1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    500000 | PA      | $496480.31    | 0.29%             | 2023-02-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2              | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 30YR TBA JANUARY                         | CUSIP: 21H032613<br>LEI: N/A                  | Long             | DBT              |  | US        |    500000 | PA      | $464375.00    | 0.28%             | 2041-01-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| THE HOME DEPOT, INC.                                    | HOME DEPOT INC/THE 3.300000% 04/15/2040                                           | CUSIP: 437076CC4<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8096.75      | 0.00%             | 2040-04-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA, INC.                                      | T-MOBILE USA INC 3.400000% 10/15/2052                                             | CUSIP: 87264ACT0<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |     30000 | PA      | $20958.84     | 0.01%             | 2052-10-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FM8577                                                         | CUSIP: 3140XCQ76<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     84431 | PA      | $75992.05     | 0.05%             | 2051-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN AU6735                                                         | CUSIP: 3138X6PV1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     27371 | PA      | $25148.35     | 0.01%             | 2043-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2              | GINNIE MAE II POOL G2 MA3873                                                      | CUSIP: 36179SJS7<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     36065 | PA      | $33084.46     | 0.02%             | 2046-08-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL SECURITIES CLEARING CORPORATION                | NATIONAL SECURITIES CLEARING CORP 144A 1.500000% 04/23/2025                       | CUSIP: 637639AB1<br>LEI: 549300RYC9NELN2ICA34 | Long             | DBT              | CORP              | US        |    250000 | PA      | $231432.27    | 0.14%             | 2025-04-23      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2              | GINNIE MAE II POOL G2 MA4901                                                      | CUSIP: 36179TNS0<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     15255 | PA      | $14780.20     | 0.01%             | 2047-12-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ICON PUBLIC LIMITED COMPANY                             | ICON PUBLIC LIMITED COMPANY 7/3/2028                                              | CUSIP: L5000DAD9<br>LEI: N/A                  | Long             | LON              |  | US        |     12734 | PA      | $12663.04     | 0.01%             | 2028-07-03      | Floating      | 5.94%                 | No            |                  2 | On Loan: No      |
| SOUTHWESTERN ENERGY COMPANY                             | SOUTHWESTERN ENERGY CO 5.375000% 03/15/2030                                       | CUSIP: 845467AS8<br>LEI: EFWMP121W54QV9MGOP87 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18804.00     | 0.01%             | 2030-03-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO.                                    | JPMORGAN CHASE & CO 3.509000% 01/23/2029                                          | CUSIP: 46647PAM8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    210000 | PA      | $192034.77    | 0.11%             | 2029-01-23      | Fixed         | 3.51%                 | No            |                  2 | On Loan: No      |
| PHOENIX GUARANTOR INC.                                  | PHOENIX GUARANTOR INC. 3/5/2026                                                   | CUSIP: 71913BAH5<br>LEI: N/A                  | Long             | LON              |  | US        |     19401 | PA      | $18440.31     | 0.01%             | 2026-03-05      | Floating      | 7.25%                 | No            |                  2 | On Loan: No      |
| DIAMONDBACK ENERGY, INC.                                | DIAMONDBACK ENERGY INC 3.250000% 12/01/2026                                       | CUSIP: 25278XAM1<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9373.12      | 0.01%             | 2026-12-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC REMICS FHR 4494 AI                                                    | CUSIP: 3137BKU57<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    101117 | PA      | $4131.87      | 0.00%             | 2038-11-15      | Floating      | 0.12%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC POOL FR SD8045                                                        | CUSIP: 3132DV5E1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    364853 | PA      | $339012.00    | 0.20%             | 2050-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2              | GINNIE MAE II POOL G2 MA5265                                                      | CUSIP: 36179TZ65<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     32881 | PA      | $32651.46     | 0.02%             | 2048-06-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PRINCIPAL LIFE GLOBAL FUNDING II                        | PRINCIPAL LIFE GLOBAL FUNDING II 144A 1.250000% 06/23/2025                        | CUSIP: 74256LEE5<br>LEI: 635400WSLKBQWSOIIT41 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9088.22      | 0.01%             | 2025-06-23      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP                                       | CLARIOS GLOBAL LP 4/30/2026                                                       | CUSIP: C8000CAG8<br>LEI: N/A                  | Long             | LON              |  | US        |     85732 | PA      | $84249.47     | 0.05%             | 2026-04-30      | Floating      | 7.00%                 | No            |                  2 | On Loan: No      |
| THE SOUTHERN COMPANY                                    | SOUTHERN CO/THE 3.250000% 07/01/2026                                              | CUSIP: 842587CV7<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |    415000 | PA      | $394134.92    | 0.23%             | 2026-07-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| DIGITAL REALTY TRUST, L.P.                              | DIGITAL REALTY TRUST LP 3.700000% 08/15/2027                                      | CUSIP: 25389JAR7<br>LEI: CD4SPTZ3YBTHY0C1AH38 | Long             | DBT              | CORP              | US        |    233000 | PA      | $217352.06    | 0.13%             | 2027-08-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| CHEVRON CORPORATION                                     | CHEVRON CORP 3.078000% 05/11/2050                                                 | CUSIP: 166764CA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     10000 | PA      | $7449.06      | 0.00%             | 2050-05-11      | Fixed         | 3.08%                 | No            |                  2 | On Loan: No      |
| Shell International Finance B.V.                        | SHELL INTERNATIONAL FINANCE BV 4.375000% 05/11/2045                               | CUSIP: 822582BF8<br>LEI: 213800ITMMKU4Z7I4F78 | Long             | DBT              | NUSS              | NL        |     50000 | PA      | $44896.73     | 0.03%             | 2045-05-11      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN AL6301                                                         | CUSIP: 3138EPAB0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     48460 | PA      | $48583.21     | 0.03%             | 2042-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN AP2422                                                         | CUSIP: 3138M5VQ9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     67853 | PA      | $64003.69     | 0.04%             | 2042-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM, INC.                                        | AMAZON.COM INC 1.200000% 06/03/2027                                               | CUSIP: 023135BR6<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |     60000 | PA      | $52372.49     | 0.03%             | 2027-06-03      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC GOLD POOL FG G60804                                                   | CUSIP: 31335A3M8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    198382 | PA      | $198088.09    | 0.12%             | 2042-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC.                                          | CITIGROUP INC 4.412000% 03/31/2031                                                | CUSIP: 172967MP3<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     50000 | PA      | $46475.34     | 0.03%             | 2031-03-31      | Fixed         | 4.41%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC POOL FR RA3607                                                        | CUSIP: 3133KKAG4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    206276 | PA      | $184408.48    | 0.11%             | 2050-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN MA2138                                                         | CUSIP: 31418BLU8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     15456 | PA      | $14924.41     | 0.01%             | 2035-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC POOL FR RA5117                                                        | CUSIP: 3133KLVJ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    164712 | PA      | $137205.71    | 0.08%             | 2051-05-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2              | GINNIE MAE II POOL 30YR TBA (JANUARY)                                             | CUSIP: 21H060614<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    200000 | PA      | $203811.35    | 0.12%             | 2053-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                            | BARCLAYS PLC MTN 4.972000% 05/16/2029                                             | CUSIP: 06738EBD6<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | NUSS              | GB        |    200000 | PA      | $187597.10    | 0.11%             | 2029-05-16      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| United States of America                                | US TREASURY N/B 2.750000% 04/30/2027                                              | CUSIP: 91282CEN7<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |    180000 | PA      | $171731.25    | 0.10%             | 2027-04-30      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| EQT CORPORATION                                         | EQT CORP 3.900000% 10/01/2027                                                     | CUSIP: 26884LAF6<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |    230000 | PA      | $212913.68    | 0.13%             | 2027-10-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| AT&T INC.                                               | AT&T INC 3.650000% 09/15/2059                                                     | CUSIP: 00206RLV2<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     32000 | PA      | $22226.97     | 0.01%             | 2059-09-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH INBEV WORLDWIDE INC.                     | ANHEUSER-BUSCH INBEV WORLDWIDE INC 4.350000% 06/01/2040                           | CUSIP: 035240AS9<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | BE        |     50000 | PA      | $45134.54     | 0.03%             | 2040-06-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| WarnerMedia Holdings, Inc.                              | WARNERMEDIA HOLDINGS INC 144A 3.755000% 03/15/2027                                | CUSIP: 55903VAG8<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18225.66     | 0.01%             | 2027-03-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Kraft Heinz Foods Company                               | KRAFT HEINZ FOODS CO 5.200000% 07/15/2045                                         | CUSIP: 50077LAM8<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18909.46     | 0.01%             | 2045-07-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| NEW RESIDENTIAL MORTGAGE LOAN TRUST                     | NEW RESIDENTIAL MORTGAGE LOAN TRUST 2019-6 NRZT 2019-6A B2                        | CUSIP: 64828GBB5<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    203643 | PA      | $181368.14    | 0.11%             | 2059-09-25      | Floating      | 4.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2007-51 SG                           | CUSIP: 38375K4K5<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |      6602 | PA      | $266.63       | 0.00%             | 2037-08-20      | Floating      | 2.64%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH, INC.                                   | ELEVANCE HEALTH INC 2.950000% 12/01/2022                                          | CUSIP: 036752AF0<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50000.00     | 0.03%             | 2022-12-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC.                                           | BROADCOM INC 144A 3.137000% 11/15/2035                                            | CUSIP: 11135FBP5<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    150000 | PA      | $111161.88    | 0.07%             | 2035-11-15      | Fixed         | 3.14%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE OR FREDDIE MAC 30YR TBA (JANUARY)                                      | CUSIP: 01F030611<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    500000 | PA      | $442767.90    | 0.26%             | 2053-01-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC POOL FR ZS9316                                                        | CUSIP: 3132AAK52<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     34297 | PA      | $32991.19     | 0.02%             | 2038-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| NIKE, INC.                                              | NIKE INC 2.750000% 03/27/2027                                                     | CUSIP: 654106AJ2<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18796.76     | 0.01%             | 2027-03-27      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN BF0222                                                         | CUSIP: 3140FXG89<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     38880 | PA      | $38096.65     | 0.02%             | 2057-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| HORIZON THERAPEUTICS USA, INC.                          | HORIZON THERAPEUTICS USA, INC. 3/15/2028                                          | CUSIP: 44055UAD7<br>LEI: N/A                  | Long             | LON              |  | US        |     49250 | PA      | $48695.94     | 0.03%             | 2028-03-15      | Floating      | 5.81%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2              | GINNIE MAE II POOL G2 CG3425                                                      | CUSIP: 3617WGYW1<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    145956 | PA      | $127187.58    | 0.08%             | 2051-09-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC POOL FR ZT0657                                                        | CUSIP: 3132ACWS5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    116288 | PA      | $122334.12    | 0.07%             | 2040-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MEG Energy Corp.                                        | MEG ENERGY CORP 144A 5.875000% 02/01/2029                                         | CUSIP: 552704AF5<br>LEI: 5493002WXPTG5ZC1T326 | Long             | DBT              | NUSS              | CA        |     10000 | PA      | $9490.00      | 0.01%             | 2029-02-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| THE COCA-COLA COMPANY                                   | COCA-COLA CO/THE 3.375000% 03/25/2027                                             | CUSIP: 191216CR9<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19358.75     | 0.01%             | 2027-03-25      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC REMICS FHR 5010 JI                                                    | CUSIP: 3137FVQG0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     82730 | PA      | $12759.35     | 0.01%             | 2050-09-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO.                                    | JPMORGAN CHASE & CO 4.203000% 07/23/2029                                          | CUSIP: 46647PAV8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    590000 | PA      | $554826.99    | 0.33%             | 2029-07-23      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC.                                          | CITIGROUP INC 3.106000% 04/08/2026                                                | CUSIP: 172967MQ1<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     30000 | PA      | $28455.85     | 0.02%             | 2026-04-08      | Fixed         | 3.11%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC POOL FR QC5830                                                        | CUSIP: 3133AQPP6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     90701 | PA      | $78595.79     | 0.05%             | 2051-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC SEASONED CREDIT RISK TRANSFER TRUST         | SEASONED CREDIT RISK TRANSFER TRUST SERIES 2022-1 SCRT 2022-1 MAU                 | CUSIP: 35563P7F0<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    330743 | PA      | $308598.41    | 0.18%             | 2061-11-25      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| ICON PUBLIC LIMITED COMPANY                             | ICON PUBLIC LIMITED COMPANY 7/3/2028                                              | CUSIP: L5000DAC1<br>LEI: N/A                  | Long             | LON              |  | US        |     51110 | PA      | $50824.86     | 0.03%             | 2028-07-03      | Floating      | 5.94%                 | No            |                  2 | On Loan: No      |
| ASURION LLC                                             | ASURION LLC 11/3/2024                                                             | CUSIP: 04649VAW0<br>LEI: N/A                  | Long             | LON              |  | US        |     48237 | PA      | $46176.93     | 0.03%             | 2024-11-03      | Floating      | 6.75%                 | No            |                  2 | On Loan: No      |
| BANK                                                    | BANK 2017-BNK8 BANK 2017-BNK8 XA                                                  | CUSIP: 06650AAF4<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |   1365293 | PA      | $38305.21     | 0.02%             | 2050-11-15      | Floating      | 0.85%                 | No            |                  2 | On Loan: No      |
| United States of America                                | US TREASURY N/B 2.750000% 08/15/2047                                              | CUSIP: 912810RY6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    460000 | PA      | $369060.16    | 0.22%             | 2047-08-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC GOLD POOL FG G67701                                                   | CUSIP: 3132XCRW7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    152294 | PA      | $138290.21    | 0.08%             | 2046-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| REGIONALCARE HOSPITAL PARTNERS HOLDINGS, INC.           | REGIONALCARE HOSPITAL PARTNERS HOLDINGS, INC. 16-Nov-2025                         | CUSIP: 75915TAD4<br>LEI: N/A                  | Long             | LON              |  | US        |     34768 | PA      | $32208.13     | 0.02%             | 2025-11-16      | Floating      | 8.16%                 | No            |                  2 | On Loan: No      |
| Chevron U.S.A. Inc.                                     | CHEVRON USA INC 3.850000% 01/15/2028                                              | CUSIP: 166756AR7<br>LEI: VA8TZDWPEZYU430RZ444 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29150.19     | 0.02%             | 2028-01-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| AMERICAN INTERNATIONAL GROUP, INC.                      | AMERICAN INTERNATIONAL GROUP INC 2.500000% 06/30/2025                             | CUSIP: 026874DQ7<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | DBT              | CORP              | US        |     14000 | PA      | $13219.10     | 0.01%             | 2025-06-30      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC SEASONED CREDIT RISK TRANSFER TRUST         | SEASONED CREDIT RISK TRANSFER TRUST SERIES 2019-2 SCRT 2019-2 MA                  | CUSIP: 35563PKG3<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    288863 | PA      | $274210.87    | 0.16%             | 2058-08-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| NVIDIA CORPORATION                                      | NVIDIA CORP 3.700000% 04/01/2060                                                  | CUSIP: 67066GAJ3<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | DBT              | CORP              | US        |     50000 | PA      | $37871.27     | 0.02%             | 2060-04-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM, INC.                                        | AMAZON.COM INC 1.500000% 06/03/2030                                               | CUSIP: 023135BS4<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |     30000 | PA      | $24390.47     | 0.01%             | 2030-06-03      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| CIGNA CORPORATION                                       | CIGNA CORP 4.125000% 11/15/2025                                                   | CUSIP: 125523AG5<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49179.07     | 0.03%             | 2025-11-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| SOTERA HEALTH HOLDINGS, LLC                             | SOTERA HEALTH HOLDINGS, LLC 11-Dec-2026                                           | CUSIP: 83600VAE1<br>LEI: N/A                  | Long             | LON              |  | US        |     90000 | PA      | $83587.50     | 0.05%             | 2026-12-11      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | GINNIE MAE I POOL GN 784605                                                       | CUSIP: 3622AAAE4<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    123644 | PA      | $124183.30    | 0.07%             | 2042-01-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FS0584                                                         | CUSIP: 3140XFUJ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     94955 | PA      | $78847.13     | 0.05%             | 2052-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BENCHMARK MORTGAGE TRUST                                | BENCHMARK 2020-B22 MORTGAGE TRUST BMARK 2020-B22 ASB                              | CUSIP: 08163BBD2<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    474000 | PA      | $397241.25    | 0.24%             | 2054-01-15      | Fixed         | 1.73%                 | No            |                  2 | On Loan: No      |
| HUMANA INC.                                             | HUMANA INC 4.500000% 04/01/2025                                                   | CUSIP: 444859BM3<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9888.66      | 0.01%             | 2025-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CARLISLE COMPANIES INCORPORATED                         | CARLISLE COS INC 2.200000% 03/01/2032                                             | CUSIP: 142339AL4<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | DBT              | CORP              | US        |    407000 | PA      | $312306.85    | 0.19%             | 2032-03-01      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC POOL FR RA6562                                                        | CUSIP: 3133KNJF1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     90926 | PA      | $78826.56     | 0.05%             | 2052-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| NIKE, INC.                                              | NIKE INC 3.250000% 03/27/2040                                                     | CUSIP: 654106AL7<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8205.64      | 0.00%             | 2040-03-27      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FM7794                                                         | CUSIP: 3140XBUU2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    399898 | PA      | $382825.00    | 0.23%             | 2050-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC GOLD POOL FG Q42618                                                   | CUSIP: 3132WF4C0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    190527 | PA      | $172208.47    | 0.10%             | 2046-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS SA                                          | BNP PARIBAS SA 144A 4.705000% 01/10/2025                                          | CUSIP: 09659W2G8<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | NUSS              | FR        |    200000 | PA      | $197677.19    | 0.12%             | 2025-01-10      | Fixed         | 4.71%                 | No            |                  2 | On Loan: No      |
| CSMC TRUST                                              | CSMC TRUST 2018-J1 TRUST CSMC 2018-J1 A2                                          | CUSIP: 12653TAB7<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    137643 | PA      | $120108.32    | 0.07%             | 2048-02-25      | Floating      | 3.50%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC SEASONED CREDIT RISK TRANSFER TRUST         | SEASONED CREDIT RISK TRANSFER TRUST SERIES 2018-1 SCRT 2018-1 MA                  | CUSIP: 35563PDZ9<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    187237 | PA      | $174761.17    | 0.10%             | 2057-05-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM, INC.                                        | AMAZON.COM INC 3.300000% 04/13/2027                                               | CUSIP: 023135CF1<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9587.39      | 0.01%             | 2027-04-13      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FM9461                                                         | CUSIP: 3140XDQP4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    442809 | PA      | $406934.09    | 0.24%             | 2051-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Santander Holdings USA, Inc.                            | SANTANDER HOLDINGS USA INC 4.500000% 07/17/2025                                   | CUSIP: 80282KAE6<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9795.87      | 0.01%             | 2025-07-17      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BX TRUST                                                | BXP TRUST 2017-CQHP BX 2017-CQHP A                                                | CUSIP: 12433QAA2<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    190000 | PA      | $182244.52    | 0.11%             | 2034-11-15      | Floating      | 4.72%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC POOL FR RA2790                                                        | CUSIP: 3133KJC34<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    435406 | PA      | $375232.68    | 0.22%             | 2050-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC MULTIFAMILY STRUCTURED PASS THROUGH CE FHMS K-1519 X1                 | CUSIP: 3137F8TU7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |   2074316 | PA      | $104396.98    | 0.06%             | 2035-12-25      | Floating      | 0.70%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC POOL FR QB4847                                                        | CUSIP: 3133ABL40<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    169911 | PA      | $146892.69    | 0.09%             | 2050-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC.                                          | CITIGROUP INC 4.650000% 07/23/2048                                                | CUSIP: 172967MD0<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    180000 | PA      | $162109.59    | 0.10%             | 2048-07-23      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| AMBAC ASSURANCE CORPORATION                             | AMBAC ASSURANCE CORP 144A 5.100000% MATURITY: PERPETUAL                           | CUSIP: 023138AA8<br>LEI: 549300RYYRVPPB8NC636 | Long             | DBT              | CORP              | US        |       339 | PA      | $469.85       | 0.00%             | 2171-06-07      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Republica Argentina                                     | REPUBLIC OF ARGENTINA 3.500000% 07/09/2041                                        | CUSIP: 040114HV5<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |     20000 | PA      | $5421.52      | 0.00%             | 2041-07-09      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United States of America                                | TREASURY BILL 0.000000% 03/28/2023                                                | CUSIP: 912796Z85<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    760000 | PA      | $749243.15    | 0.44%             | 2023-03-28      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CLOUDERA, INC.                                          | CLOUDERA, INC. 10/8/2028                                                          | CUSIP: 74339VAB4<br>LEI: N/A                  | Long             | LON              |  | US        |     29775 | PA      | $28118.91     | 0.02%             | 2028-10-08      | Floating      | 7.50%                 | No            |                  2 | On Loan: No      |
| COMM MORTGAGE TRUST                                     | COMM 2015-CCRE26 MORTGAGE TRUST COMM 2015-CR26 A4                                 | CUSIP: 12593QBE9<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    417000 | PA      | $394858.84    | 0.23%             | 2048-10-10      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| DEERE & COMPANY                                         | DEERE & CO 3.750000% 04/15/2050                                                   | CUSIP: 244199BK0<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | DBT              | CORP              | US        |     40000 | PA      | $34536.75     | 0.02%             | 2050-04-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| COMPAGNIE DE CHEMIN DE FER CANADIEN PACIFIQUE           | CANADIAN PACIFIC RAILWAY CO 6.125000% 09/15/2115                                  | CUSIP: 13645RAX2<br>LEI: 54930036474DURYNB481 | Long             | DBT              | NUSS              | CA        |    167000 | PA      | $168850.36    | 0.10%             | 2115-09-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| COMMSCOPE, INC.                                         | COMMSCOPE INC 144A 6.000000% 03/01/2026                                           | CUSIP: 20338QAD5<br>LEI: 549300Z6K4JXMFE8QY54 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19349.20     | 0.01%             | 2026-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MCAFEE 5/21                                             | MCAFEE 5/21 7/27/2028                                                             | CUSIP: 55910RAB9<br>LEI: N/A                  | Long             | LON              |  | US        |    118800 | PA      | $106623.00    | 0.06%             | 2028-07-27      | Floating      | 9.17%                 | No            |                  2 | On Loan: No      |
| MARS, INCORPORATED                                      | MARS INC 144A 2.700000% 04/01/2025                                                | CUSIP: 571676AA3<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |     30000 | PA      | $28715.86     | 0.02%             | 2025-04-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FM9910                                                         | CUSIP: 3140XEAL8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     94362 | PA      | $80159.05     | 0.05%             | 2041-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FM3773                                                         | CUSIP: 3140X7FP9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     20796 | PA      | $19429.52     | 0.01%             | 2048-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| STATION CASINOS LLC                                     | STATION CASINOS LLC 2/8/2027                                                      | CUSIP: 85769EAZ4<br>LEI: N/A                  | Long             | LON              |  | US        |         0 | PA      | $0.02         | 0.00%             | 2027-02-08      | Floating      | 6.01%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN MORTGAGE ACQUISITION CORPORATION            | JP MORGAN MORTGAGE ACQUISITION CORP 2005-OPT2 JPMAC 2005-OPT2 M4                  | CUSIP: 46626LEP1<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    180000 | PA      | $172443.74    | 0.10%             | 2035-12-25      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN BM4897                                                         | CUSIP: 3140J9NP2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     38693 | PA      | $36493.17     | 0.02%             | 2046-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| AT&T INC.                                               | AT&T INC VARIABLE RATE 06/12/2024                                                 | CUSIP: 00206RGD8<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    462000 | PA      | $464133.56    | 0.28%             | 2024-06-12      | Floating      | 4.42%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN BN1623                                                         | CUSIP: 3140JHYV9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     29383 | PA      | $29074.27     | 0.02%             | 2048-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM CORPORATION                        | OCCIDENTAL PETROLEUM CORP 3.500000% 08/15/2029                                    | CUSIP: 674599CS2<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18100.00     | 0.01%             | 2029-08-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Ressources Teck Limitee                                 | TECK RESOURCES LTD 3.900000% 07/15/2030                                           | CUSIP: 878742BG9<br>LEI: T8KI5SQ2JRWHL7XY0E11 | Long             | DBT              | NUSS              | CA        |     30000 | PA      | $26970.68     | 0.02%             | 2030-07-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| SMALL BUSINESS ADMINISTRATION GTD                       | UNITED STATES SMALL BUSINESS ADMINISTRATION SBAP 2018-20B 1                       | CUSIP: 83162CZF3<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    279253 | PA      | $263754.17    | 0.16%             | 2038-02-01      | Fixed         | 3.22%                 | No            |                  2 | On Loan: No      |
| TARGET CORPORATION                                      | TARGET CORP 2.250000% 04/15/2025                                                  | CUSIP: 87612EBL9<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | DBT              | CORP              | US        |     40000 | PA      | $38042.50     | 0.02%             | 2025-04-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| BANK                                                    | BANK 2021-BNK36 BANK 2021-BN36 A5                                                 | CUSIP: 06540DBH7<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    206000 | PA      | $168199.39    | 0.10%             | 2064-09-15      | Fixed         | 2.47%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN AM8700                                                         | CUSIP: 3138L9U26<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     38159 | PA      | $34800.97     | 0.02%             | 2030-06-01      | Fixed         | 2.93%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC POOL FR QB5443                                                        | CUSIP: 3133ACBL1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    312542 | PA      | $273101.22    | 0.16%             | 2050-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN CB2857                                                         | CUSIP: 3140QNE73<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    304704 | PA      | $261924.39    | 0.16%             | 2052-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FM3645                                                         | CUSIP: 3140X7BP3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    146672 | PA      | $142632.56    | 0.08%             | 2049-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Republica Federativa do Brasil                          | FED REPUBLIC OF BRAZIL 4.625000% 01/13/2028                                       | CUSIP: 105756BZ2<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    290000 | PA      | $277563.49    | 0.16%             | 2028-01-13      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| EQT CORPORATION                                         | EQT CORP 144A 3.625000% 05/15/2031                                                | CUSIP: 26884LAN9<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |     20000 | PA      | $17300.63     | 0.01%             | 2031-05-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                      | ENERGY TRANSFER LP 3.450000% 01/15/2023                                           | CUSIP: 86765BAL3<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    381000 | PA      | $380279.25    | 0.23%             | 2023-01-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| SMALL BUSINESS ADMINISTRATION GTD                       | UNITED STATES SMALL BUSINESS ADMINISTRATION SBAP 2018-20A 1                       | CUSIP: 83162CZC0<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    193752 | PA      | $179672.97    | 0.11%             | 2038-01-01      | Fixed         | 2.92%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC POOL FR SD1100                                                        | CUSIP: 3132DNGH0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    387335 | PA      | $334261.33    | 0.20%             | 2052-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CONTINENTAL RESOURCES, INC.                             | CONTINENTAL RESOURCES INC/OK 4.375000% 01/15/2028                                 | CUSIP: 212015AS0<br>LEI: XXRTID9RYWOZ0UPIVR53 | Long             | DBT              | CORP              | US        |     30000 | PA      | $27578.93     | 0.02%             | 2028-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| FIRSTKEY HOMES TRUST                                    | FIRSTKEY HOMES 2021-SFR3 TRUST FKH 2021-SFR3 A                                    | CUSIP: 33768JAA9<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    267093 | PA      | $231874.97    | 0.14%             | 2038-12-17      | Fixed         | 2.13%                 | Yes           |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS INC.                             | VERIZON COMMUNICATIONS INC 1.750000% 01/20/2031                                   | CUSIP: 92343VFR0<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    130000 | PA      | $101824.95    | 0.06%             | 2031-01-20      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2012-34 SA                           | CUSIP: 38378D2U8<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     72831 | PA      | $7768.93      | 0.00%             | 2042-03-20      | Floating      | 2.11%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN, INC.                                     | KINDER MORGAN INC 5.300000% 12/01/2034                                            | CUSIP: 49456BAG6<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19004.89     | 0.01%             | 2034-12-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| AVIS BUDGET RENTAL CAR FUNDING                          | AVIS BUDGET RENTAL CAR FUNDING AESOP LLC AESOP 2021-1A A                          | CUSIP: 05377REH3<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    130000 | PA      | $112003.41    | 0.07%             | 2027-08-20      | Fixed         | 1.38%                 | Yes           |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO.                                    | JPMORGAN CHASE & CO 3.845000% 06/14/2025                                          | CUSIP: 46647PDE3<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98193.69     | 0.06%             | 2025-06-14      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| COMM MORTGAGE TRUST                                     | COMM 2013-CCRE6 MORTGAGE TRUST COMM 2013-CR6 B                                    | CUSIP: 12624XAP3<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    100000 | PA      | $99113.66     | 0.06%             | 2046-03-10      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FM8968                                                         | CUSIP: 3140XC6E3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    589620 | PA      | $538773.52    | 0.32%             | 2048-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM CORPORATION                        | OCCIDENTAL PETROLEUM CORP 3.200000% 08/15/2026                                    | CUSIP: 674599CR4<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     30000 | PA      | $27450.00     | 0.02%             | 2026-08-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH REV                                   | MICHIGAN ST FIN AUTH REVENUE MICHIGAN FINANCE AUTHORITY                           | CUSIP: 59447TXA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $216179.28    | 0.13%             | 2049-09-01      | Fixed         | 2.37%                 | No            |                  2 | On Loan: No      |
| United States of America                                | US TREASURY N/B 3.250000% 05/15/2042                                              | CUSIP: 912810TH1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    110000 | PA      | $98810.94     | 0.06%             | 2042-05-15      | Fixed         | 3.25%                 | No            |                  1 | On Loan: No      |
| DIGICERT HOLDINGS INC.                                  | DIGICERT HOLDINGS INC. 16-Oct-2026                                                | CUSIP: 24022KAB5<br>LEI: N/A                  | Long             | LON              |  | US        |    107324 | PA      | $103069.37    | 0.06%             | 2026-10-16      | Floating      | 6.90%                 | No            |                  2 | On Loan: No      |
| SMALL BUSINESS ADMINISTRATION GTD                       | UNITED STATES SMALL BUSINESS ADMINISTRATION SBAP 2022-25D 1                       | CUSIP: 83162CP23<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    334463 | PA      | $312783.62    | 0.19%             | 2047-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| EQUATE Petrochemical B.V.                               | EQUATE PETROCHEMICAL BV MTN 4.250000% 11/03/2026                                  | CUSIP: 29441WAC9<br>LEI: 635400Y3Z5R4NJSMQ630 | Long             | DBT              | NUSS              | KW        |    200000 | PA      | $189151.20    | 0.11%             | 2026-11-03      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2              | GINNIE MAE II POOL G2 MA5817                                                      | CUSIP: 36179UPA4<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     35747 | PA      | $34480.46     | 0.02%             | 2049-03-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC POOL FR SD0499                                                        | CUSIP: 3132DMRU1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    678022 | PA      | $609033.38    | 0.36%             | 2050-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| United States of America                                | US 5YR NOTE (CBT) MAR23 FINANCIAL COMMODITY FUTURE.                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |        32 | NC      | $3474250.00   | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC GOLD POOL FG G30943                                                   | CUSIP: 3132J4HV4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    139018 | PA      | $132078.31    | 0.08%             | 2036-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST                            | BX COMMERCIAL MORTGAGE TRUST 2021-VOLT BX 2021-VOLT A                             | CUSIP: 05609VAA3<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    287000 | PA      | $274679.98    | 0.16%             | 2036-09-15      | Floating      | 4.58%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FM5475                                                         | CUSIP: 3140X9CM5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     23099 | PA      | $22885.54     | 0.01%             | 2050-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS INC.                             | VERIZON COMMUNICATIONS INC 2.625000% 08/15/2026                                   | CUSIP: 92343VDD3<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9306.84      | 0.01%             | 2026-08-15      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM, INC.                                        | AMAZON.COM INC 3.450000% 04/13/2029                                               | CUSIP: 023135CG9<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18867.71     | 0.01%             | 2029-04-13      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FM1496                                                         | CUSIP: 3140X4UW4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    115623 | PA      | $107054.06    | 0.06%             | 2049-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO COMMERCIAL MORTGAGE TRUST                   | WELLS FARGO COMMERCIAL MORTGAGE TRUST 2015-C28 WFCM 2015-C28 AS                   | CUSIP: 94989JBB1<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    270000 | PA      | $253123.52    | 0.15%             | 2048-05-15      | Fixed         | 3.87%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA, INC.                                      | T-MOBILE USA INC 2.250000% 11/15/2031                                             | CUSIP: 87264ABX2<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |     10000 | PA      | $7960.13      | 0.00%             | 2031-11-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| COMCAST CORPORATION                                     | COMCAST CORP 3.400000% 07/15/2046                                                 | CUSIP: 20030NBU4<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     10000 | PA      | $7460.98      | 0.00%             | 2046-07-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERATING, LP                         | WESTERN MIDSTREAM OPERATING LP 5.500000% 02/01/2050                               | CUSIP: 958667AA5<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |     20000 | PA      | $16300.00     | 0.01%             | 2050-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Spirit Airlines Pass Through Trusts                     | SPIRIT AIRLINES PASS THROUGH TRUST 2017-1AA 3.375000% 02/15/2030                  | CUSIP: 84858WAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    155286 | PA      | $134254.85    | 0.08%             | 2030-02-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| COLLEGE AVE STUDENT LOANS LLC                           | COLLEGE AVE STUDENT LOANS 2021-C LLC CASL 2021-C C                                | CUSIP: 19424WAD9<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    150000 | PA      | $119322.35    | 0.07%             | 2055-07-26      | Fixed         | 3.06%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC GOLD POOL FG U99045                                                   | CUSIP: 3132H7BP8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     21277 | PA      | $20048.40     | 0.01%             | 2043-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN BF0546                                                         | CUSIP: 3140FXTC6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    274280 | PA      | $229355.79    | 0.14%             | 2061-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2              | GINNIE MAE II POOL 30YR TBA (JANUARY)                                             | CUSIP: 21H042612<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    300000 | PA      | $293800.78    | 0.17%             | 2053-01-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FS2023                                                         | CUSIP: 3140XHG92<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     98266 | PA      | $93582.87     | 0.06%             | 2052-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                     | US 10YR FUT OPTN  Jan23C   110 LONG                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |        13 | NC      | $46515.63     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIGROUP INC.                                          | CITIGROUP INC 2.572000% 06/03/2031                                                | CUSIP: 172967MS7<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8195.45      | 0.00%             | 2031-06-03      | Fixed         | 2.57%                 | No            |                  2 | On Loan: No      |
| United States of America                                | TREASURY BILL 0.000000% 05/25/2023                                                | CUSIP: 912796ZF9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    490000 | PA      | $479215.75    | 0.28%             | 2023-05-25      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FIRST FRANKLIN MORTGAGE LOAN TRUST                      | FIRST FRANKLIN MORTGAGE LOAN TRUST 2006-FF15 FFML 2006-FF15 A5                    | CUSIP: 32028GAE5<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |     63081 | PA      | $61247.67     | 0.04%             | 2036-11-25      | Floating      | 4.20%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FM7987                                                         | CUSIP: 3140XB2V1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     90523 | PA      | $75225.83     | 0.04%             | 2051-07-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN MA2832                                                         | CUSIP: 31418CEE0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     51068 | PA      | $47960.49     | 0.03%             | 2036-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BRITISH STERLING POUND                                  | FX Forward Contract: GBP/USD SETTLE 2023-01-18                                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | GB        |         1 | NC      | $19071.61     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| VISA INC.                                               | VISA INC 2.050000% 04/15/2030                                                     | CUSIP: 92826CAM4<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | DBT              | CORP              | US        |     20000 | PA      | $17232.86     | 0.01%             | 2030-04-15      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| BRK: UBS                                                | BRK: UBS PAY: 3-MONTH USD - LIBOR                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | XX        |    376000 | NC      | $93792.30     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| CASTLELAKE AVIATION ONE                                 | CASTLELAKE AVIATION ONE 22-Oct-2026                                               | CUSIP: 14855NAB2<br>LEI: N/A                  | Long             | LON              |  | US        |     59251 | PA      | $58107.81     | 0.03%             | 2026-10-22      | Floating      | 6.04%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN BF0301                                                         | CUSIP: 3140FXKP6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     40217 | PA      | $39535.23     | 0.02%             | 2058-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                             | BANK OF AMERICA CORP MTN 3.550000% 03/05/2024                                     | CUSIP: 06051GHF9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     70000 | PA      | $69649.53     | 0.04%             | 2024-03-05      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| United States of America                                | US TREASURY N/B 0.250000% 05/31/2025                                              | CUSIP: 912828ZT0<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |     90000 | PA      | $81660.94     | 0.05%             | 2025-05-31      | Fixed         | 0.25%                 | No            |                  1 | On Loan: No      |
| BRK: UBS                                                | BRK: UBS PAY: 1.5%                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | XX        |    175000 | NC      | $49692.05     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| MPLX LP                                                 | MPLX LP 4.500000% 04/15/2038                                                      | CUSIP: 55336VAM2<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8576.06      | 0.01%             | 2038-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| EXXON MOBIL CORPORATION                                 | EXXON MOBIL CORP 1.571000% 04/15/2023                                             | CUSIP: 30231GBL5<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9883.13      | 0.01%             | 2023-04-15      | Fixed         | 1.57%                 | No            |                  2 | On Loan: No      |
| CONTINENTAL RESOURCES, INC.                             | CONTINENTAL RESOURCES INC/OK 144A 5.750000% 01/15/2031                            | CUSIP: 212015AT8<br>LEI: XXRTID9RYWOZ0UPIVR53 | Long             | DBT              | CORP              | US        |     40000 | PA      | $37452.28     | 0.02%             | 2031-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA, INC.                                      | T-MOBILE USA INC 3.750000% 04/15/2027                                             | CUSIP: 87264ABD6<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9472.57      | 0.01%             | 2027-04-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2018-130 A                           | CUSIP: 38380MJT9<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |        56 | PA      | $55.72        | 0.00%             | 2059-05-16      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                          | MORGAN STANLEY MTN 2.188000% 04/28/2026                                           | CUSIP: 6174468Q5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    100000 | PA      | $93019.07     | 0.06%             | 2026-04-28      | Fixed         | 2.19%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC SEASONED CREDIT RISK TRANSFER TRUST         | SEASONED CREDIT RISK TRANSFER TRUST SERIES 2020-2 SCRT 2020-2 MA                  | CUSIP: 35563PQP7<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    147849 | PA      | $133166.59    | 0.08%             | 2059-11-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN BO8911                                                         | CUSIP: 3140K43V0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    226753 | PA      | $213605.63    | 0.13%             | 2050-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CCO HOLDINGS, LLC                                       | CCO HOLDINGS LLC / CCO HOLDINGS CAPITAL CORP 144A 4.500000% 06/01/2033            | CUSIP: 1248EPCL5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     20000 | PA      | $15872.20     | 0.01%             | 2033-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN CA7502                                                         | CUSIP: 3140QFKQ1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    159569 | PA      | $150519.82    | 0.09%             | 2035-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| VERTIV GROUP CORPORATION                                | VERTIV GROUP CORP 144A 4.125000% 11/15/2028                                       | CUSIP: 92535UAB0<br>LEI: 549300ZT8RQ5VK10E643 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8600.00      | 0.01%             | 2028-11-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC POOL FR QA8518                                                        | CUSIP: 3133A3PB8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    152871 | PA      | $136778.46    | 0.08%             | 2050-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN BF0338                                                         | CUSIP: 3140FXLU4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     47763 | PA      | $47071.68     | 0.03%             | 2059-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| REYNOLDS CONSUMER PRODUCTS LLC                          | REYNOLDS CONSUMER PRODUCTS LLC 2/4/2027                                           | CUSIP: 76171JAB7<br>LEI: N/A                  | Long             | LON              |  | US        |         0 | PA      | $0.02         | 0.00%             | 2027-02-04      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                 | MPLX LP 4.700000% 04/15/2048                                                      | CUSIP: 55336VAN0<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |     60000 | PA      | $48481.50     | 0.03%             | 2048-04-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| AIR CANADA                                              | AIR CANADA 8/11/2028                                                              | CUSIP: C0102MAP0<br>LEI: N/A                  | Long             | LON              |  | US        |     29925 | PA      | $29550.94     | 0.02%             | 2028-08-11      | Floating      | 8.13%                 | No            |                  2 | On Loan: No      |
| SOUTH AFRICAN RAND                                      | FX Forward Contract: ZAR/USD SETTLE 2023-01-18                                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | ZA        |         1 | NC      | $7738.00      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LAM RESEARCH CORPORATION                                | LAM RESEARCH CORP 2.875000% 06/15/2050                                            | CUSIP: 512807AW8<br>LEI: 549300I4GMO6D34U1T02 | Long             | DBT              | CORP              | US        |     92000 | PA      | $64417.70     | 0.04%             | 2050-06-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| ENERGIZER HOLDINGS                                      | ENERGIZER HOLDINGS 22-Dec-2027                                                    | CUSIP: 29267YAS1<br>LEI: N/A                  | Long             | LON              |  | US        |     19233 | PA      | $18815.81     | 0.01%             | 2027-12-22      | Floating      | 6.25%                 | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING, LLC                   | CHARTER COMMUNICATIONS OPERATING LLC / CHARTER COM 5.375000% 04/01/2038           | CUSIP: 161175BM5<br>LEI: 549300TPZNMN50BJ3745 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8555.23      | 0.01%             | 2038-04-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL HOLDINGS, INC.                   | NEXTERA ENERGY CAPITAL HOLDINGS INC 3.550000% 05/01/2027                          | CUSIP: 65339KAT7<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    292000 | PA      | $276851.14    | 0.16%             | 2027-05-01      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| ANGLO AMERICAN CAPITAL PLC                              | ANGLO AMERICAN CAPITAL PLC 144A 4.750000% 04/10/2027                              | CUSIP: 034863AR1<br>LEI: TINT358G1SSHR3L3PW36 | Long             | DBT              | NUSS              | ZA        |    200000 | PA      | $192238.73    | 0.11%             | 2027-04-10      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| AMERICAN INTERNATIONAL GROUP, INC.                      | AMERICAN INTERNATIONAL GROUP INC 2.500000% 06/30/2025                             | CUSIP: 026874DQ7<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | DBT              | CORP              | US        |    296000 | PA      | $279489.56    | 0.17%             | 2025-06-30      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPERATING LLC                       | ENTERPRISE PRODUCTS OPERATING LLC 5.375000% 02/15/2078                            | CUSIP: 29379VBR3<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |     10000 | PA      | $7571.10      | 0.00%             | 2078-02-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| United States of America                                | US TREASURY N/B 1.875000% 02/15/2032                                              | CUSIP: 91282CDY4<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |   1051000 | PA      | $905009.53    | 0.54%             | 2032-02-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN ENERGY PARTNERS, L.P.                     | KINDER MORGAN ENERGY PARTNERS LP 4.250000% 09/01/2024                             | CUSIP: 494550BV7<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |     40000 | PA      | $39402.09     | 0.02%             | 2024-09-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC POOL FR SB0378                                                        | CUSIP: 3132CWM35<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    269728 | PA      | $260581.69    | 0.15%             | 2034-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| LA BANQUE TORONTO-DOMINION                              | TORONTO-DOMINION BANK/THE MTN 4.456000% 06/08/2032                                | CUSIP: 89115A2E1<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | NUSS              | CA        |     70000 | PA      | $66959.31     | 0.04%             | 2032-06-08      | Fixed         | 4.46%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATING COMPANY INC.                  | HILTON DOMESTIC OPERATING CO INC 144A 5.375000% 05/01/2025                        | CUSIP: 432833AG6<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29808.30     | 0.02%             | 2025-05-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS COMPANY                                  | GENERAL MOTORS CO 5.150000% 04/01/2038                                            | CUSIP: 37045VAP5<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |     20000 | PA      | $17633.65     | 0.01%             | 2038-04-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| CHEVRON CORPORATION                                     | CHEVRON CORP 2.954000% 05/16/2026                                                 | CUSIP: 166764BL3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     30000 | PA      | $28598.39     | 0.02%             | 2026-05-16      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FS2066                                                         | CUSIP: 3140XHJL2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    291093 | PA      | $277219.79    | 0.16%             | 2052-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                          | MORGAN STANLEY MTN 3.772000% 01/24/2029                                           | CUSIP: 61744YAP3<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     90000 | PA      | $82875.81     | 0.05%             | 2029-01-24      | Fixed         | 3.77%                 | No            |                  2 | On Loan: No      |
| CIT MORTGAGE LOAN TRUST                                 | CIT MORTGAGE LOAN TRUST 2007-1 CITM 2007-1 1M1                                    | CUSIP: 12559QAF9<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    120000 | PA      | $112366.49    | 0.07%             | 2037-10-25      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| Republic of South Africa                                | REPUBLIC OF SOUTH AFRICA 4.300000% 10/12/2028                                     | CUSIP: 836205AU8<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    200000 | PA      | $181200.00    | 0.11%             | 2028-10-12      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FM8216                                                         | CUSIP: 3140XCDW5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    395273 | PA      | $383535.59    | 0.23%             | 2048-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC COMPANY                        | PACIFIC GAS AND ELECTRIC CO 3.300000% 08/01/2040                                  | CUSIP: 694308JH1<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     10000 | PA      | $6975.29      | 0.00%             | 2040-08-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST UNIV REVS                                   | MICHIGAN ST UNIV REVENUES MICHIGAN STATE UNIVERSITY                               | CUSIP: 594712WY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $73246.04     | 0.04%             | 2122-08-15      | Fixed         | 4.17%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM, INC.                                        | AMAZON.COM INC 2.100000% 05/12/2031                                               | CUSIP: 023135BZ8<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |     20000 | PA      | $16698.53     | 0.01%             | 2031-05-12      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| United States of America                                | US TREASURY N/B 2.750000% 08/15/2032                                              | CUSIP: 91282CFF3<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |    840000 | PA      | $778050.00    | 0.46%             | 2032-08-15      | Fixed         | 2.75%                 | No            |                  1 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FM4622                                                         | CUSIP: 3140X8D46<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    255825 | PA      | $231215.59    | 0.14%             | 2050-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING, LLC                   | CHARTER COMMUNICATIONS OPERATING LLC / CHARTER COM 4.908000% 07/23/2025           | CUSIP: 161175AY0<br>LEI: 549300TPZNMN50BJ3745 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29528.75     | 0.02%             | 2025-07-23      | Fixed         | 4.91%                 | No            |                  2 | On Loan: No      |
| ASPLUNDH TREE EXPERT, LLC                               | ASPLUNDH TREE EXPERT, LLC 9/7/2027                                                | CUSIP: 04538FAD1<br>LEI: N/A                  | Long             | LON              |  | US        |      9502 | PA      | $9362.42      | 0.01%             | 2027-09-07      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| United States of America                                | US TREASURY N/B 2.250000% 02/15/2052                                              | CUSIP: 912810TD0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    251000 | PA      | $181259.26    | 0.11%             | 2052-02-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| CIM TRUST                                               | CIM TRUST 2020-INV1 CIM 2020-INV1 A2                                              | CUSIP: 12560AAB0<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    123170 | PA      | $102123.36    | 0.06%             | 2050-04-25      | Floating      | 2.50%                 | Yes           |                  2 | On Loan: No      |
| THE HOME DEPOT, INC.                                    | HOME DEPOT INC/THE 3.250000% 04/15/2032                                           | CUSIP: 437076CP5<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    100000 | PA      | $90253.62     | 0.05%             | 2032-04-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN BM6898                                                         | CUSIP: 3140JBUY0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     79721 | PA      | $66147.75     | 0.04%             | 2032-02-01      | Floating      | 2.15%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC.                                          | CITIGROUP INC 3.980000% 03/20/2030                                                | CUSIP: 172967ME8<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    110000 | PA      | $100577.90    | 0.06%             | 2030-03-20      | Fixed         | 3.98%                 | No            |                  2 | On Loan: No      |
| LOWE'S COMPANIES, INC.                                  | LOWE'S COS INC 3.700000% 04/15/2046                                               | CUSIP: 548661DN4<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |     96000 | PA      | $73557.89     | 0.04%             | 2046-04-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| WASHINGTON MUTUAL MORTGAGE PASS-THROUGH CERTIFICIATES   | WAMU MORTGAGE PASS-THROUGH CERTIFICATES SERIES 200 WAMU 2005-AR6 2A1A             | CUSIP: 92922FJ25<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    109119 | PA      | $102759.23    | 0.06%             | 2045-04-25      | Floating      | 4.50%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM, INC.                                        | AMAZON.COM INC 3.150000% 08/22/2027                                               | CUSIP: 023135BC9<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |     50000 | PA      | $47516.72     | 0.03%             | 2027-08-22      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA, INC.                                      | T-MOBILE USA INC 2.875000% 02/15/2031                                             | CUSIP: 87264ABT1<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |     20000 | PA      | $16709.99     | 0.01%             | 2031-02-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN CB3614                                                         | CUSIP: 3140QPAQ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     95861 | PA      | $91292.65     | 0.05%             | 2052-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN, INC.                                     | KINDER MORGAN INC 4.300000% 06/01/2025                                            | CUSIP: 49456BAF8<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29556.47     | 0.02%             | 2025-06-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA, INC.                                      | T-MOBILE USA INC 2.550000% 02/15/2031                                             | CUSIP: 87264ACB9<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |     20000 | PA      | $16582.67     | 0.01%             | 2031-02-15      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| CHEVY CHASE FUNDING LLC                                 | CHEVY CHASE FUNDING LLC MORTGAGE-BACKED CERTIFICAT CCMFC 2004-2A A1               | CUSIP: 16678RBC0<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |     45114 | PA      | $41582.03     | 0.02%             | 2035-05-25      | Floating      | 4.31%                 | No            |                  2 | On Loan: No      |
| BRK: CITADEL                                            | BRK: CITADEL FIXED:3.27%                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | XX        |   2150000 | NC      | $24540.89     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| COMCAST CORPORATION                                     | COMCAST CORP 3.375000% 08/15/2025                                                 | CUSIP: 20030NBN0<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     60000 | PA      | $58170.45     | 0.03%             | 2025-08-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC REMICS FHR 5018 MI                                                    | CUSIP: 3137FXC89<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     87108 | PA      | $11818.85     | 0.01%             | 2050-10-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| DEERE & COMPANY                                         | DEERE & CO 3.100000% 04/15/2030                                                   | CUSIP: 244199BJ3<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9043.56      | 0.01%             | 2030-04-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2              | GINNIE MAE II POOL G2 AX3815                                                      | CUSIP: 36196FGY4<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    131015 | PA      | $123639.06    | 0.07%             | 2047-01-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS SA                                          | BNP PARIBAS SA 144A 4.400000% 08/14/2028                                          | CUSIP: 09659W2F0<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | NUSS              | FR        |    200000 | PA      | $187998.37    | 0.11%             | 2028-08-14      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| HILTON WORLDWIDE FINANCE LLC                            | HILTON WORLDWIDE FINANCE LLC 6/22/2026                                            | CUSIP: 43289DAH6<br>LEI: N/A                  | Long             | LON              |  | US        |     32481 | PA      | $32217.81     | 0.02%             | 2026-06-22      | Floating      | 5.77%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                             | BANK OF AMERICA CORP 2.592000% 04/29/2031                                         | CUSIP: 06051GJB6<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     90000 | PA      | $74272.46     | 0.04%             | 2031-04-29      | Fixed         | 2.59%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FS1248                                                         | CUSIP: 3140XGL64<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     90322 | PA      | $82889.97     | 0.05%             | 2047-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORPORATION                                  | CVS HEALTH CORP 5.125000% 07/20/2045                                              | CUSIP: 126650CN8<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |     60000 | PA      | $56021.98     | 0.03%             | 2045-07-20      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| WORKDAY, INC.                                           | WORKDAY INC 3.700000% 04/01/2029                                                  | CUSIP: 98138HAH4<br>LEI: 549300J0DYC0N31V7G13 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18419.15     | 0.01%             | 2029-04-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| HALLIBURTON COMPANY                                     | HALLIBURTON CO 5.000000% 11/15/2045                                               | CUSIP: 406216BK6<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | DBT              | CORP              | US        |     40000 | PA      | $36001.93     | 0.02%             | 2045-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BEAR STEARNS ASSET BACKED SECURITIES INC                | BEAR STEARNS ASSET BACKED SECURITIES I TRUST 2004- BSABS 2004-HE7 M1              | CUSIP: 073879EU8<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    143277 | PA      | $134779.71    | 0.08%             | 2034-08-25      | Floating      | 4.94%                 | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING, LLC                   | CHARTER COMMUNICATIONS OPERATING, LLC 4/30/2025                                   | CUSIP: 16117LBW8<br>LEI: N/A                  | Long             | LON              |  | US        |     74193 | PA      | $72952.43     | 0.04%             | 2025-04-30      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC STRIPS FHS 328 S4                                                     | CUSIP: 31352DC24<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     23360 | PA      | $885.04       | 0.00%             | 2038-02-15      | Floating      | 0.07%                 | No            |                  2 | On Loan: No      |
| VERISK ANALYTICS, INC.                                  | VERISK ANALYTICS INC 3.625000% 05/15/2050                                         | CUSIP: 92345YAG1<br>LEI: 549300I1YSWNIRKBWP67 | Long             | DBT              | CORP              | US        |    202000 | PA      | $144414.20    | 0.09%             | 2050-05-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO.                                    | JPMORGAN CHASE & CO 1.514000% 06/01/2024                                          | CUSIP: 46647PBQ8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98119.70     | 0.06%             | 2024-06-01      | Fixed         | 1.51%                 | No            |                  2 | On Loan: No      |
| COMCAST CORPORATION                                     | COMCAST CORP 4.049000% 11/01/2052                                                 | CUSIP: 20030NCG4<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    150000 | PA      | $122014.31    | 0.07%             | 2052-11-01      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| VERSCEND HOLDING CORP.                                  | VERSCEND HOLDING CORP. 8/27/2025                                                  | CUSIP: 92531HAD9<br>LEI: N/A                  | Long             | LON              |  | US        |     49270 | PA      | $48856.64     | 0.03%             | 2025-08-27      | Floating      | 7.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2              | GINNIE MAE II POOL G2 784985                                                      | CUSIP: 3622AANA8<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    132036 | PA      | $124311.52    | 0.07%             | 2048-09-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| AQUARION COMPANY                                        | AQUARION CO 144A 4.000000% 08/15/2024                                             | CUSIP: 03838WAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    192000 | PA      | $187876.49    | 0.11%             | 2024-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| APPLEBEE'S FUNDING LLC/IHOP FUNDING LLC                 | APPLEBEE'S FUNDING LLC / IHOP FUNDING LLC DIN 2019-1A A2I                         | CUSIP: 03789XAD0<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    138600 | PA      | $131172.70    | 0.08%             | 2049-06-05      | Fixed         | 4.19%                 | No            |                  2 | On Loan: No      |
| FLAGSTAR MORTGAGE TRUST                                 | FLAGSTAR MORTGAGE TRUST 2021-8INV FSMT 2021-8INV A3                               | CUSIP: 33852HAB8<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    255540 | PA      | $206695.05    | 0.12%             | 2051-09-25      | Floating      | 2.50%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE OR FREDDIE MAC 30YR TBA (JANUARY)                                      | CUSIP: 01F052615<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    100000 | PA      | $101064.90    | 0.06%             | 2053-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS INC.                             | VERIZON COMMUNICATIONS INC 4.125000% 08/15/2046                                   | CUSIP: 92343VDC5<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     30000 | PA      | $24506.04     | 0.01%             | 2046-08-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN BM4951                                                         | CUSIP: 3140J9QD6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     24067 | PA      | $24035.20     | 0.01%             | 2048-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PALMER SQUARE CLO                                       | PALMER SQUARE CLO 2022-2 LTD PLMRS 2022-2A A1                                     | CUSIP: 69688NAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $242664.50    | 0.14%             | 2034-07-20      | Floating      | 3.68%                 | Yes           |                  2 | On Loan: No      |
| Sinopec Group Overseas Development (2014) Limited       | SINOPEC GROUP OVERSEAS DEVELOPMENT 2014 LTD 144A 4.375000% 04/10/2024             | CUSIP: 82937WAE5<br>LEI: 549300ZIMV82UUECOQ45 | Long             | DBT              | NUSS              | CN        |    200000 | PA      | $198226.34    | 0.12%             | 2024-04-10      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ASURION, LLC                                            | ASURION, LLC 23-Dec-2026                                                          | CUSIP: 04649VAX8<br>LEI: N/A                  | Long             | LON              |  | US        |     43841 | PA      | $38288.07     | 0.02%             | 2026-12-23      | Floating      | 7.00%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM CORPORATION                        | OCCIDENTAL PETROLEUM CORP ZERO COUPON 10/10/2036                                  | CUSIP: 674599DG7<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    750000 | PA      | $379725.00    | 0.23%             | 2036-10-10      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| WarnerMedia Holdings, Inc.                              | WARNERMEDIA HOLDINGS INC 144A 5.141000% 03/15/2052                                | CUSIP: 55903VAQ6<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |     90000 | PA      | $69737.49     | 0.04%             | 2052-03-15      | Fixed         | 5.14%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY BANK OF AMERICA MERRILL LYNCH TRUST      | MORGAN STANLEY BANK OF AMERICA MERRILL LYNCH TRUST MSBAM 2016-C32 ASB             | CUSIP: 61691GAQ3<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    233876 | PA      | $224008.18    | 0.13%             | 2049-12-15      | Fixed         | 3.51%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN, INC.                                     | KINDER MORGAN INC 4.300000% 03/01/2028                                            | CUSIP: 49456BAP6<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |     80000 | PA      | $77349.00     | 0.05%             | 2028-03-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| OAK STREET INVESTMENT GRADE NET LEASE FUND LLC.         | OAK STREET INVESTMENT GRADE NET LEASE FUND SERIES OAKIG 2020-1A A1                | CUSIP: 67181DAA9<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    247071 | PA      | $218171.11    | 0.13%             | 2050-11-20      | Fixed         | 1.85%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC POOL FR RB5130                                                        | CUSIP: 3133KYVX4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    146759 | PA      | $120109.27    | 0.07%             | 2041-10-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| SEI Daily Income Trust: Government Fund; Class F Shares | SEI DAILY INCOME TRUST GOVERNMENT FUND (#36)                                      | CUSIP: 783965593<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   1120454 | NS      | $1120453.51   | 0.66%             |  |  |  | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC GOLD POOL FG G06496                                                   | CUSIP: 3128M8RR7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     50855 | PA      | $51650.00     | 0.03%             | 2041-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR CO.,LTD.                                   | NISSAN MOTOR CO LTD 144A 3.522000% 09/17/2025                                     | CUSIP: 654744AB7<br>LEI: 353800DRBDH1LUTNAY26 | Long             | DBT              | NUSS              | JP        |    200000 | PA      | $185293.70    | 0.11%             | 2025-09-17      | Fixed         | 3.52%                 | No            |                  2 | On Loan: No      |
| AVIATION CAPITAL GROUP LLC                              | AVIATION CAPITAL GROUP LLC 144A 1.950000% 01/30/2026                              | CUSIP: 05369AAK7<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |    301000 | PA      | $262568.73    | 0.16%             | 2026-01-30      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS COMPANY                                  | GENERAL MOTORS CO 6.125000% 10/01/2025                                            | CUSIP: 37045VAV2<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20261.67     | 0.01%             | 2025-10-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| CONTINENTAL RESOURCES, INC.                             | CONTINENTAL RESOURCES INC/OK 4.500000% 04/15/2023                                 | CUSIP: 212015AL5<br>LEI: XXRTID9RYWOZ0UPIVR53 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29871.00     | 0.02%             | 2023-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| WIND RIVER CLO LTD.                                     | WIND RIVER 2021-3 CLO LTD WINDR 2021-3A A                                         | CUSIP: 97316DAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $238973.50    | 0.14%             | 2033-07-20      | Floating      | 5.39%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN BR6523                                                         | CUSIP: 3140L5G91<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    203043 | PA      | $176811.86    | 0.10%             | 2051-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| RESIDENTIAL MORTGAGE LOAN TRUST                         | RESIDENTIAL MORTGAGE LOAN TRUST 2019-3 RMLT 2019-3 A1                             | CUSIP: 76119NAA5<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |     12418 | PA      | $11978.24     | 0.01%             | 2059-09-25      | Floating      | 2.63%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN 995243                                                         | CUSIP: 31416BS82<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     39911 | PA      | $39950.61     | 0.02%             | 2038-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH COMPANIES, LLC                           | ANHEUSER-BUSCH COS LLC / ANHEUSER-BUSCH INBEV WORL 3.650000% 02/01/2026           | CUSIP: 03522AAG5<br>LEI: 5493002J2SVENP0PVK27 | Long             | DBT              | CORP              | BE        |     20000 | PA      | $19407.50     | 0.01%             | 2026-02-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| APACHE CORPORATION                                      | APACHE CORP 4.750000% 04/15/2043                                                  | CUSIP: 037411BA2<br>LEI: 72ZZ1XRHOOU9P9X16K08 | Long             | DBT              | CORP              | US        |     10000 | PA      | $7547.00      | 0.00%             | 2043-04-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                            | BARCLAYS PLC 5.304000% 08/09/2026                                                 | CUSIP: 06738EBZ7<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | NUSS              | GB        |    200000 | PA      | $196680.12    | 0.12%             | 2026-08-09      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| AT&T INC.                                               | AT&T INC 3.500000% 06/01/2041                                                     | CUSIP: 00206RJZ6<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    151000 | PA      | $115376.27    | 0.07%             | 2041-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                 | MPLX LP 4.800000% 02/15/2029                                                      | CUSIP: 55336VAS9<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |     80000 | PA      | $76994.79     | 0.05%             | 2029-02-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| APPLE INC.                                              | APPLE INC 3.850000% 08/04/2046                                                    | CUSIP: 037833CD0<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    156000 | PA      | $135263.52    | 0.08%             | 2046-08-04      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| EXELON CORPORATION                                      | EXELON CORP 4.700000% 04/15/2050                                                  | CUSIP: 30161NAY7<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |     69000 | PA      | $60900.27     | 0.04%             | 2050-04-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| NIKE, INC.                                              | NIKE INC 3.375000% 03/27/2050                                                     | CUSIP: 654106AM5<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | DBT              | CORP              | US        |     50000 | PA      | $39733.73     | 0.02%             | 2050-03-27      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| XPO LOGISTICS 2/18 COV-LITE TLB                         | XPO LOGISTICS 2/18 COV-LITE TLB 2/24/2025                                         | CUSIP: 98379EAE6<br>LEI: N/A                  | Long             | LON              |  | US        |     40000 | PA      | $39712.40     | 0.02%             | 2025-02-24      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| LIBERTY MUTUAL GROUP INC.                               | LIBERTY MUTUAL GROUP INC 144A 4.250000% 06/15/2023                                | CUSIP: 53079EBE3<br>LEI: QUR0DG15Z6FFGYCHH861 | Long             | DBT              | CORP              | US        |     90000 | PA      | $89207.38     | 0.05%             | 2023-06-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                             | BANK OF AMERICA CORP MTN 5.000000% 01/21/2044                                     | CUSIP: 06051GFC8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18779.30     | 0.01%             | 2044-01-21      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| United States of America                                | US TREASURY N/B 3.375000% 08/15/2042                                              | CUSIP: 912810TK4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    281000 | PA      | $257071.09    | 0.15%             | 2042-08-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| SLM STUDENT LOAN TRUST                                  | SLM STUDENT LOAN TRUST 2003-10 SLMA 2003-10A A4                                   | CUSIP: 78442GJH0<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    118833 | PA      | $111195.54    | 0.07%             | 2068-12-17      | Floating      | 3.96%                 | No            |                  2 | On Loan: No      |
| SMALL BUSINESS ADMINISTRATION GTD                       | UNITED STATES SMALL BUSINESS ADMINISTRATION SBAP 2022-25E 1                       | CUSIP: 83162CP56<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    342148 | PA      | $328720.51    | 0.19%             | 2047-05-01      | Fixed         | 3.94%                 | No            |                  2 | On Loan: No      |
| NXP B.V.                                                | NXP BV / NXP FUNDING LLC / NXP USA INC 2.700000% 05/01/2025                       | CUSIP: 62954HAW8<br>LEI: 724500RKKW4NOJ9YQF60 | Long             | DBT              | NUSS              | CN        |     30000 | PA      | $28171.75     | 0.02%             | 2025-05-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| United States of America                                | US TREASURY N/B 2.000000% 08/15/2051                                              | CUSIP: 912810SZ2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    450000 | PA      | $305824.22    | 0.18%             | 2051-08-15      | Fixed         | 2.00%                 | No            |                  1 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE OR FREDDIE MAC 30YR TBA (DECEMBER)                                     | CUSIP: 01F0306C7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    200000 | PA      | $176989.97    | 0.10%             | 2171-12-13      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| UNITED RENTALS (NORTH AMERICA), INC.                    | UNITED RENTALS NORTH AMERICA INC 3.750000% 01/15/2032                             | CUSIP: 911365BP8<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |     20000 | PA      | $16618.09     | 0.01%             | 2032-01-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN CA6799                                                         | CUSIP: 3140QERV6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    135265 | PA      | $112441.31    | 0.07%             | 2050-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BRK- BNP PARIBAS                                        | BRK- BNP PARIBAS PAY - 2.51% FIXED                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | XX        |    236000 | NC      | $28156.05     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| SIMON PROPERTY GROUP, L.P.                              | SIMON PROPERTY GROUP LP 1.750000% 02/01/2028                                      | CUSIP: 828807DL8<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              | CORP              | US        |    501000 | PA      | $427568.31    | 0.25%             | 2028-02-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA, INC.                                      | T-MOBILE USA INC 3.875000% 04/15/2030                                             | CUSIP: 87264ABF1<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    130000 | PA      | $119396.57    | 0.07%             | 2030-04-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Federal Republic of Nigeria                             | NIGERIA GOVERNMENT INTERNATIONAL BOND MTN 6.500000% 11/28/2027                    | CUSIP: 65412JAC7<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |    200000 | PA      | $159500.00    | 0.09%             | 2027-11-28      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO.                                    | JPMORGAN CHASE & CO 2.522000% 04/22/2031                                          | CUSIP: 46647PBL9<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    130000 | PA      | $107516.45    | 0.06%             | 2031-04-22      | Fixed         | 2.52%                 | No            |                  2 | On Loan: No      |
| State of California                                     | CALIFORNIA ST STATE OF CALIFORNIA                                                 | CUSIP: 13063A5E0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    280000 | PA      | $344760.44    | 0.20%             | 2034-04-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE HOLDINGS FINANCE CO. L.L.C.                  | BLACKSTONE HOLDINGS FINANCE CO LLC 144A 6.250000% 08/15/2042                      | CUSIP: 09256BAE7<br>LEI: 549300D2L6J4NC1QVZ22 | Long             | DBT              | CORP              | US        |    118000 | PA      | $119471.87    | 0.07%             | 2042-08-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC.                                          | CITIGROUP INC 4.658000% 05/24/2028                                                | CUSIP: 172967NS6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19467.12     | 0.01%             | 2028-05-24      | Fixed         | 4.66%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC.                                          | CITIGROUP INC 4.450000% 09/29/2027                                                | CUSIP: 172967KA8<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     90000 | PA      | $86682.66     | 0.05%             | 2027-09-29      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| FREEPORT-MCMORAN INC.                                   | FREEPORT-MCMORAN INC 5.400000% 11/14/2034                                         | CUSIP: 35671DBJ3<br>LEI: 549300IRDTHJQ1PVET45 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18668.80     | 0.01%             | 2034-11-14      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| CSAIL COMMERCIAL MORTGAGE TRUST                         | CSAIL 2015-C2 COMMERCIAL MORTGAGE TRUST CSAIL 2015-C2 AS                          | CUSIP: 12634NAX6<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    210000 | PA      | $196316.40    | 0.12%             | 2057-06-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| STRUCTURED ASSET SECURITIES CORPORATION                 | STRUCTURED ASSET SECURITIES CORP MORTGAGE LOAN TRU SASC 2007-WF1 A1               | CUSIP: 86358BAA0<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    137621 | PA      | $131890.73    | 0.08%             | 2037-02-25      | Floating      | 4.46%                 | No            |                  2 | On Loan: No      |
| COREVEST AMERICAN FINANCE                               | COREVEST AMERICAN FINANCE 2021-1 TRUST CAFL 2021-1 A                              | CUSIP: 21873LAA1<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    345785 | PA      | $298872.79    | 0.18%             | 2053-04-15      | Fixed         | 1.57%                 | Yes           |                  2 | On Loan: No      |
| DCP MIDSTREAM OPERATING, LP                             | DCP MIDSTREAM OPERATING LP 144A 6.450000% 11/03/2036                              | CUSIP: 26439XAH6<br>LEI: 549300Y6CTBSE0QIPL28 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9939.37      | 0.01%             | 2036-11-03      | Fixed         | 6.45%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC POOL FR SD7525                                                        | CUSIP: 3132DVLE3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     75377 | PA      | $65672.78     | 0.04%             | 2050-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| GS MORTGAGE-BACKED SECURITIES TRUST                     | GS MORTGAGE-BACKED SECURITIES TRUST 2020-INV1 GSMBS 2020-INV1 A14                 | CUSIP: 36258KAS7<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    134837 | PA      | $113900.08    | 0.07%             | 2050-10-25      | Floating      | 2.93%                 | No            |                  2 | On Loan: No      |
| Ferguson Finance Plc                                    | FERGUSON FINANCE PLC 144A 4.500000% 10/24/2028                                    | CUSIP: 314890AA2<br>LEI: 2138003A7ZEU931DZL61 | Long             | DBT              | NUSS              | US        |    394000 | PA      | $371919.11    | 0.22%             | 2028-10-24      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PRKCM TRUST                                             | PRKCM 2022-AFC1 TRUST PRKCM 2022-AFC1 A1A                                         | CUSIP: 69377CAA1<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |     98371 | PA      | $91001.31     | 0.05%             | 2057-04-25      | Floating      | 4.10%                 | Yes           |                  2 | On Loan: No      |
| SPRINT SPECTRUM CO LLC                                  | SPRINT SPECTRUM CO LLC / SPRINT SPECTRUM CO II LLC 4.738000% 03/20/2025           | CUSIP: 85208NAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    143750 | PA      | $141910.05    | 0.08%             | 2025-03-20      | Fixed         | 4.74%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS INC.                             | VERIZON COMMUNICATIONS INC 5.250000% 03/16/2037                                   | CUSIP: 92343VDU5<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19889.35     | 0.01%             | 2037-03-16      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| AT&T INC.                                               | AT&T INC 3.500000% 09/15/2053                                                     | CUSIP: 00206RKJ0<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     20000 | PA      | $14122.38     | 0.01%             | 2053-09-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United States of America                                | US TREASURY N/B 1.500000% 01/31/2027                                              | CUSIP: 912828Z78<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |   1840000 | PA      | $1669800.00   | 0.99%             | 2027-01-31      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| THE HOME DEPOT, INC.                                    | HOME DEPOT INC/THE 3.300000% 04/15/2040                                           | CUSIP: 437076CC4<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    188000 | PA      | $152218.94    | 0.09%             | 2040-04-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| NEW RESIDENTIAL MORTGAGE LOAN TRUST                     | NEW RESIDENTIAL MORTGAGE LOAN TRUST 2019-6 NRZT 2019-6A B1                        | CUSIP: 64828GAS9<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    203643 | PA      | $181856.05    | 0.11%             | 2059-09-25      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| GRIFOLS WORLDWIDE OPERATIONS USA                        | GRIFOLS WORLDWIDE OPERATIONS USA 15-Nov-2027                                      | CUSIP: 39843PAG8<br>LEI: N/A                  | Long             | LON              |  | US        |     82556 | PA      | $79860.97     | 0.05%             | 2027-11-15      | Floating      | 5.75%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES, INC.                                   | UNITED AIRLINES INC 144A 4.625000% 04/15/2029                                     | CUSIP: 90932LAH0<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |     30000 | PA      | $26706.51     | 0.02%             | 2029-04-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                             | BANK OF AMERICA CORP 2.572000% 10/20/2032                                         | CUSIP: 06051GKD0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     90000 | PA      | $71662.64     | 0.04%             | 2032-10-20      | Fixed         | 2.57%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                             | BANK OF AMERICA CORP 3.419000% 12/20/2028                                         | CUSIP: 06051GHD4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     42000 | PA      | $38297.83     | 0.02%             | 2028-12-20      | Fixed         | 3.42%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC GOLD POOL FG Z40125                                                   | CUSIP: 3132FCD69<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    194488 | PA      | $202919.07    | 0.12%             | 2035-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CIGNA CORPORATION                                       | CIGNA CORP 4.800000% 08/15/2038                                                   | CUSIP: 125523AJ9<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |    100000 | PA      | $94348.93     | 0.06%             | 2038-08-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| FIRSTENERGY CORP.                                       | FIRSTENERGY CORP 4.400000% 07/15/2027                                             | CUSIP: 337932AH0<br>LEI: 549300SVYJS666PQJH88 | Long             | DBT              | CORP              | US        |     50000 | PA      | $47151.00     | 0.03%             | 2027-07-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| VFH PARENT LLC                                          | VFH PARENT LLC 1/13/2029                                                          | CUSIP: 91820UAS9<br>LEI: N/A                  | Long             | LON              |  | US        |     30000 | PA      | $29100.00     | 0.02%             | 2029-01-13      | Floating      | 7.01%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES, INC.                                   | UNITED AIRLINES INC 144A 4.375000% 04/15/2026                                     | CUSIP: 90932LAG2<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18620.50     | 0.01%             | 2026-04-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS INC.                             | VERIZON COMMUNICATIONS INC 2.650000% 11/20/2040                                   | CUSIP: 92343VFT6<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     70000 | PA      | $48457.00     | 0.03%             | 2040-11-20      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN BV8546                                                         | CUSIP: 3140MNP83<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     96097 | PA      | $88824.41     | 0.05%             | 2052-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| WarnerMedia Holdings, Inc.                              | WARNERMEDIA HOLDINGS INC 144A 5.050000% 03/15/2042                                | CUSIP: 55903VAN3<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8005.48      | 0.00%             | 2042-03-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Republica Argentina                                     | REPUBLIC OF ARGENTINA 1.500000% 07/09/2035                                        | CUSIP: 040114HT0<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |    135800 | PA      | $31744.90     | 0.02%             | 2035-07-09      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| SALESFORCE, INC.                                        | SALESFORCE INC 3.250000% 04/11/2023                                               | CUSIP: 79466LAE4<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | DBT              | CORP              | US        |     40000 | PA      | $39794.58     | 0.02%             | 2023-04-11      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| UNITED RENTALS (NORTH AMERICA), INC.                    | UNITED RENTALS NORTH AMERICA INC 3.875000% 02/15/2031                             | CUSIP: 911363AM1<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |    100000 | PA      | $86031.00     | 0.05%             | 2031-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                      | ENERGY TRANSFER LP 6.250000% 04/15/2049                                           | CUSIP: 29279FAA7<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    160000 | PA      | $151307.80    | 0.09%             | 2049-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE REMICS FNR 2015-55 IO                                                  | CUSIP: 3136APB68<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     93611 | PA      | $3143.27      | 0.00%             | 2055-08-25      | Floating      | 0.31%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                   | WELLS FARGO & CO MTN 3.350000% 03/02/2033                                         | CUSIP: 95000U2U6<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |     20000 | PA      | $17108.50     | 0.01%             | 2033-03-02      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN BR3290                                                         | CUSIP: 3140L1UQ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     85560 | PA      | $70726.00     | 0.04%             | 2051-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES CORP.                                   | TARGA RESOURCES CORP 4.200000% 02/01/2033                                         | CUSIP: 87612GAA9<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |     20000 | PA      | $17489.60     | 0.01%             | 2033-02-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN MA4325                                                         | CUSIP: 31418DYX4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    175640 | PA      | $145187.90    | 0.09%             | 2051-05-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| EOG RESOURCES, INC.                                     | EOG RESOURCES INC 4.950000% 04/15/2050                                            | CUSIP: 26875PAT8<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | DBT              | CORP              | US        |     70000 | PA      | $68641.36     | 0.04%             | 2050-04-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2020-103 AD                          | CUSIP: 38380PXV1<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    119319 | PA      | $96367.93     | 0.06%             | 2063-01-16      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN AL4597                                                         | CUSIP: 3138EMDB4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     53809 | PA      | $53109.54     | 0.03%             | 2044-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP FUNDING (GUERNSEY) LIMITED          | CREDIT SUISSE GROUP AG 4.550000% 04/17/2026                                       | CUSIP: 225433AR2<br>LEI: 549300PXR5FKNXF0OH19 | Long             | DBT              | NUSS              | CH        |    250000 | PA      | $217273.38    | 0.13%             | 2026-04-17      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| SPIRIT IP CAYMAN LTD.                                   | SPIRIT LOYALTY CAYMAN LTD / SPIRIT IP CAYMAN LTD 1 8.000000% 09/20/2025           | CUSIP: 84859BAA9<br>LEI: N/A                  | Long             | DBT              | NUSS              | US        |     23936 | PA      | $24204.08     | 0.01%             | 2025-09-20      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC GOLD POOL FG G08859                                                   | CUSIP: 3128MJ5V8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     13372 | PA      | $13573.74     | 0.01%             | 2049-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES INC.                                    | UNITED AIRLINES INC. 4/21/2028                                                    | CUSIP: 90932RAJ3<br>LEI: N/A                  | Long             | LON              |  | US        |     68950 | PA      | $67989.53     | 0.04%             | 2028-04-21      | Floating      | 8.11%                 | No            |                  2 | On Loan: No      |
| BRAVO RESIDENTIAL FUNDING TRUST                         | BRAVO RESIDENTIAL FUNDING TRUST 2022-NQM3 BRAVO 2022-NQM3 A1                      | CUSIP: 10569JAA8<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    183385 | PA      | $178856.33    | 0.11%             | 2062-07-25      | Floating      | 5.11%                 | Yes           |                  2 | On Loan: No      |
| Government National Mortgage Association                | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2012-43 SN                           | CUSIP: 38375CWH9<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     59271 | PA      | $7513.49      | 0.00%             | 2042-04-16      | Floating      | 2.71%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2020-160 YI                          | CUSIP: 38382KQ97<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     84338 | PA      | $11416.67     | 0.01%             | 2050-10-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN CB0671                                                         | CUSIP: 3140QKW95<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    497113 | PA      | $432770.49    | 0.26%             | 2051-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| AT&T INC.                                               | AT&T INC 4.500000% 03/09/2048                                                     | CUSIP: 00206RDJ8<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     39000 | PA      | $32508.79     | 0.02%             | 2048-03-09      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AMSR TRUST                                              | AMSR 2022-SFR3 TRUST AMSR 2022-SFR3 A                                             | CUSIP: 66981YAA7<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    236000 | PA      | $219543.84    | 0.13%             | 2039-10-17      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| AerCap Ireland Capital Designated Activity Company      | AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATIO 3.000000% 10/29/2028           | CUSIP: 00774MAW5<br>LEI: 549300TI38531ODB1G63 | Long             | DBT              | NUSS              | IE        |    150000 | PA      | $126733.41    | 0.08%             | 2028-10-29      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| DLLAA LLC                                               | DLLAA 2021-1 LLC DLLAA 2021-1A A3                                                 | CUSIP: 23291YAC9<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    487000 | PA      | $456726.77    | 0.27%             | 2026-04-17      | Fixed         | 0.67%                 | Yes           |                  2 | On Loan: No      |
| Government National Mortgage Association 2              | GINNIE MAE II POOL G2 MA4838                                                      | CUSIP: 36179TLT0<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     15530 | PA      | $15046.35     | 0.01%             | 2047-11-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                             | BANK OF AMERICA CORP 4.948000% 07/22/2028                                         | CUSIP: 06051GKW8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    221000 | PA      | $216642.18    | 0.13%             | 2028-07-22      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| COX COMMUNICATIONS, INC.                                | COX COMMUNICATIONS INC 144A 3.350000% 09/15/2026                                  | CUSIP: 224044CG0<br>LEI: 5493001NEDZNIFRP2R92 | Long             | DBT              | CORP              | US        |    231000 | PA      | $216529.72    | 0.13%             | 2026-09-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES PARTNERS LP                             | TARGA RESOURCES PARTNERS LP / TARGA RESOURCES PART 5.000000% 01/15/2028           | CUSIP: 87612BBG6<br>LEI: 6OQWTZ1SPC04IFT4T704 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9472.30      | 0.01%             | 2028-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                           | FORD MOTOR CREDIT CO LLC 4.950000% 05/28/2027                                     | CUSIP: 345397C27<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    230000 | PA      | $217665.10    | 0.13%             | 2027-05-28      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| CIGNA CORPORATION                                       | CIGNA CORP 3.750000% 07/15/2023                                                   | CUSIP: 125523AF7<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |     14000 | PA      | $13902.77     | 0.01%             | 2023-07-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| IHEARTCOMMUNICATIONS, INC.                              | IHEARTCOMMUNICATIONS, INC. 5/1/2026                                               | CUSIP: 45174UAF5<br>LEI: N/A                  | Long             | LON              |  | US        |     65019 | PA      | $60827.72     | 0.04%             | 2026-05-01      | Floating      | 6.75%                 | No            |                  2 | On Loan: No      |
| ALLSPRING BUYER LLC                                     | ALLSPRING BUYER LLC 11/1/2028                                                     | CUSIP: 98922AAC0<br>LEI: N/A                  | Long             | LON              |  | US        |     30845 | PA      | $30395.28     | 0.02%             | 2028-11-01      | Floating      | 6.31%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                             | BANK OF AMERICA CORP MTN 4.450000% 03/03/2026                                     | CUSIP: 06051GFU8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9835.56      | 0.01%             | 2026-03-03      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2021-57 BI                           | CUSIP: 38382QCY4<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    387028 | PA      | $56036.98     | 0.03%             | 2051-03-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN BF0133                                                         | CUSIP: 3140FXEF5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    225310 | PA      | $217634.97    | 0.13%             | 2056-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Kraft Heinz Foods Company                               | KRAFT HEINZ FOODS CO 5.500000% 06/01/2050                                         | CUSIP: 50077LBJ4<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9864.31      | 0.01%             | 2050-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE REMICS FNR 2020-97 AI                                                  | CUSIP: 3136BDEF1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    180992 | PA      | $23285.56     | 0.01%             | 2051-01-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| LENNAR CORPORATION                                      | LENNAR CORP 4.500000% 04/30/2024                                                  | CUSIP: 526057BZ6<br>LEI: 529900G61XVRLX5TJX09 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19710.40     | 0.01%             | 2024-04-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORPORATION                                  | CVS HEALTH CORP 5.050000% 03/25/2048                                              | CUSIP: 126650CZ1<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    190000 | PA      | $176444.59    | 0.10%             | 2048-03-25      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| FREEPORT-MCMORAN INC.                                   | FREEPORT-MCMORAN INC 4.550000% 11/14/2024                                         | CUSIP: 35671DBL8<br>LEI: 549300IRDTHJQ1PVET45 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9880.15      | 0.01%             | 2024-11-14      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                | LLOYDS BANKING GROUP PLC 4.375000% 03/22/2028                                     | CUSIP: 539439AR0<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | NUSS              | GB        |    200000 | PA      | $187936.17    | 0.11%             | 2028-03-22      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| United States of America                                | US TREASURY N/B 1.500000% 01/31/2027                                              | CUSIP: 912828Z78<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |   1985000 | PA      | $1801387.50   | 1.07%             | 2027-01-31      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| United States of America                                | U.S. TREASURY INFLATION-PROTECTED SECURITIES 0.125%  10/15/2024                   | CUSIP: 912828YL8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | USGA              | US        |    397000 | PA      | $444136.88    | 0.26%             | 2024-10-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FS2061                                                         | CUSIP: 3140XHJF5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     97494 | PA      | $92548.47     | 0.05%             | 2052-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United States of America                                | US TREASURY N/B 1.875000% 02/15/2051                                              | CUSIP: 912810SU3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1193000 | PA      | $786634.38    | 0.47%             | 2051-02-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| FIRST FRANKLIN MORTGAGE LOAN TRUST                      | FIRST FRANKLIN MORTGAGE LOAN TRUST 2006-FF15 FFML 2006-FF15 A2                    | CUSIP: 32028GAB1<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |     68636 | PA      | $62165.22     | 0.04%             | 2036-11-25      | Floating      | 4.16%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES CORP.                                   | TARGA RESOURCES CORP 5.200000% 07/01/2027                                         | CUSIP: 87612KAA0<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49330.33     | 0.03%             | 2027-07-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM CORPORATION                        | OCCIDENTAL PETROLEUM CORP 4.400000% 04/15/2046                                    | CUSIP: 674599CJ2<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     10000 | PA      | $7900.00      | 0.00%             | 2046-04-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN MA4280                                                         | CUSIP: 31418DXJ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     88001 | PA      | $68769.69     | 0.04%             | 2051-03-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| THE WILLIAMS COMPANIES, INC.                            | WILLIAMS COS INC/THE 7.750000% 06/15/2031                                         | CUSIP: 969457BD1<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |    140000 | PA      | $153693.28    | 0.09%             | 2031-06-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2              | GINNIE MAE II POOL G2 MA7255                                                      | CUSIP: 36179WBY3<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     73376 | PA      | $64802.37     | 0.04%             | 2051-03-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| PIONEER NATURAL RESOURCES COMPANY                       | PIONEER NATURAL RESOURCES CO 1.900000% 08/15/2030                                 | CUSIP: 723787AQ0<br>LEI: FY8JBF7CCL2VE4F1B628 | Long             | DBT              | CORP              | US        |     20000 | PA      | $15981.19     | 0.01%             | 2030-08-15      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| GS MORTGAGE SECURITIES CORPORATION TRUST                | GS MORTGAGE SECURITIES CORP II GSMS 2018-SRP5 B                                   | CUSIP: 36255TAJ1<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    173860 | PA      | $123797.46    | 0.07%             | 2031-09-15      | Floating      | 6.87%                 | No            |                  2 | On Loan: No      |
| GLOBAL MEDICAL RESPONSE, INC.                           | GLOBAL MEDICAL RESPONSE, INC. 10/2/2025                                           | CUSIP: 00169QAF6<br>LEI: N/A                  | Long             | LON              |  | US        |     86610 | PA      | $68464.88     | 0.04%             | 2025-10-02      | Floating      | 8.09%                 | No            |                  2 | On Loan: No      |
| SMALL BUSINESS ADMINISTRATION GTD                       | UNITED STATES SMALL BUSINESS ADMINISTRATION SBAP 2017-20H 1                       | CUSIP: 83162CYU1<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    182578 | PA      | $167645.28    | 0.10%             | 2037-08-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC SEASONED CREDIT RISK TRANSFER TRUST         | SEASONED CREDIT RISK TRANSFER TRUST SERIES 2021-1 SCRT 2021-1 MA                  | CUSIP: 35563PUV9<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    202012 | PA      | $179530.21    | 0.11%             | 2060-09-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR COMPANY                                      | FORD MOTOR CO 6.100000% 08/19/2032                                                | CUSIP: 345370DB3<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |     30000 | PA      | $28788.68     | 0.02%             | 2032-08-19      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| United States of America                                | US TREASURY N/B 4.000000% 10/31/2029                                              | CUSIP: 91282CFT3<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |    590000 | PA      | $598942.19    | 0.36%             | 2029-10-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN BQ4840                                                         | CUSIP: 3140KQLW9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    105462 | PA      | $94654.03     | 0.06%             | 2050-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| HUNTER DOUGLAS HOLDING B.V.                             | HUNTER DOUGLAS HOLDING B.V. 2/26/2029                                             | CUSIP: N8137FAB6<br>LEI: N/A                  | Long             | LON              |  | US        |    110000 | PA      | $95759.40     | 0.06%             | 2029-02-26      | Floating      | 7.86%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE OR FREDDIE MAC 30YR TBA (DECEMBER)                                     | CUSIP: 01F0226C4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    100000 | PA      | $85539.06     | 0.05%             | 2052-12-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| EXXON MOBIL CORPORATION                                 | EXXON MOBIL CORP 4.114000% 03/01/2046                                             | CUSIP: 30231GAW2<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | DBT              | CORP              | US        |     70000 | PA      | $60949.05     | 0.04%             | 2046-03-01      | Fixed         | 4.11%                 | No            |                  2 | On Loan: No      |
| SMALL BUSINESS ADMINISTRATION GTD                       | UNITED STATES SMALL BUSINESS ADMINISTRATION SBAP 2011-20H 1                       | CUSIP: 83162CUE1<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |     77579 | PA      | $73163.84     | 0.04%             | 2031-08-01      | Fixed         | 3.29%                 | No            |                  2 | On Loan: No      |
| FOX CORPORATION                                         | FOX CORP 5.476000% 01/25/2039                                                     | CUSIP: 35137LAJ4<br>LEI: 549300DDU6FDRBIELS05 | Long             | DBT              | CORP              | US        |     70000 | PA      | $64461.65     | 0.04%             | 2039-01-25      | Fixed         | 5.48%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC.                                           | BROADCOM INC 4.750000% 04/15/2029                                                 | CUSIP: 11135FBA8<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    253000 | PA      | $242305.24    | 0.14%             | 2029-04-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                             | BANK OF AMERICA CORP 2.972000% 02/04/2033                                         | CUSIP: 06051GKK4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     40000 | PA      | $32694.98     | 0.02%             | 2033-02-04      | Fixed         | 2.97%                 | No            |                  2 | On Loan: No      |
| Shell International Finance B.V.                        | SHELL INTERNATIONAL FINANCE BV 2.875000% 05/10/2026                               | CUSIP: 822582BT8<br>LEI: 213800ITMMKU4Z7I4F78 | Long             | DBT              | NUSS              | NL        |     60000 | PA      | $57132.14     | 0.03%             | 2026-05-10      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC GOLD POOL FG U99126                                                   | CUSIP: 3132H7D84<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    108868 | PA      | $98195.54     | 0.06%             | 2043-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| OAK STREET INVESTMENT GRADE NET LEASE FUND LLC.         | OAK STREET INVESTMENT GRADE NET LEASE FUND SERIES OAKIG 2020-1A A1                | CUSIP: 67181DAA9<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    212327 | PA      | $187490.65    | 0.11%             | 2050-11-20      | Fixed         | 1.85%                 | Yes           |                  2 | On Loan: No      |
| FIRST EAGLE HOLDINGS, INC.                              | FIRST EAGLE HOLDINGS, INC. 2/1/2027                                               | CUSIP: 05554JAH0<br>LEI: N/A                  | Long             | LON              |  | US        |     18769 | PA      | $18269.62     | 0.01%             | 2027-02-01      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| MACQUARIE GROUP LIMITED                                 | MACQUARIE GROUP LTD MTN 4.150000% 03/27/2024                                      | CUSIP: 55608JAL2<br>LEI: ACMHD8HWFMFUIQQ8Y590 | Long             | DBT              | NUSS              | AU        |    471000 | PA      | $468605.15    | 0.28%             | 2024-03-27      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| SMRT COMMERCIAL MORTGAGE TRUST                          | SMRT 2022-MINI SMRT 2022-MINI D                                                   | CUSIP: 78457JAL6<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    110000 | PA      | $102830.49    | 0.06%             | 2039-01-15      | Floating      | 5.74%                 | Yes           |                  2 | On Loan: No      |
| T-MOBILE USA, INC.                                      | T-MOBILE USA INC 2.250000% 02/15/2026                                             | CUSIP: 87264ABR5<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9156.23      | 0.01%             | 2026-02-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2014-118 HS                          | CUSIP: 38379EHN5<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    120953 | PA      | $13450.93     | 0.01%             | 2044-08-20      | Floating      | 2.26%                 | No            |                  2 | On Loan: No      |
| DTE ELECTRIC SECURITIZATION FUNDING I LLC               | DTE ELECTRIC SECURITIZATION FUNDING I LLC 2.640000% 12/01/2026                    | CUSIP: 23345GAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    294000 | PA      | $276299.80    | 0.16%             | 2026-12-01      | Fixed         | 2.64%                 | No            |                  2 | On Loan: No      |
| United States of America                                | US TREASURY N/B 3.750000% 11/15/2043                                              | CUSIP: 912810RD2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    490000 | PA      | $470208.60    | 0.28%             | 2043-11-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC SEASONED CREDIT RISK TRANSFER TRUST         | SEASONED CREDIT RISK TRANSFER TRUST SERIES 2018-4 SCRT 2018-4 MA                  | CUSIP: 35563PHF9<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    241887 | PA      | $230365.52    | 0.14%             | 2058-03-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United States of America                                | US TREASURY N/B 2.000000% 08/15/2051                                              | CUSIP: 912810SZ2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    630000 | PA      | $428153.91    | 0.25%             | 2051-08-15      | Fixed         | 2.00%                 | No            |                  1 | On Loan: No      |
| SALESFORCE, INC.                                        | SALESFORCE INC 2.700000% 07/15/2041                                               | CUSIP: 79466LAK0<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | DBT              | CORP              | US        |     40000 | PA      | $29526.43     | 0.02%             | 2041-07-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM CORPORATION                        | OCCIDENTAL PETROLEUM CORP 4.400000% 08/15/2049                                    | CUSIP: 674599CY9<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     70000 | PA      | $54626.90     | 0.03%             | 2049-08-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                      | ENERGY TRANSFER LP 2.900000% 05/15/2025                                           | CUSIP: 29278NAP8<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9431.98      | 0.01%             | 2025-05-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC GOLD POOL FG U99054                                                   | CUSIP: 3132H7BY9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    154976 | PA      | $149976.52    | 0.09%             | 2043-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                       | HSBC HOLDINGS PLC 7.390000% 11/03/2028                                            | CUSIP: 404280DR7<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | NUSS              | GB        |    230000 | PA      | $241210.63    | 0.14%             | 2028-11-03      | Fixed         | 7.39%                 | No            |                  2 | On Loan: No      |
| EOG RESOURCES, INC.                                     | EOG RESOURCES INC 3.900000% 04/01/2035                                            | CUSIP: 26875PAN1<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | DBT              | CORP              | US        |     40000 | PA      | $36235.31     | 0.02%             | 2035-04-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| EXXON MOBIL CORPORATION                                 | EXXON MOBIL CORP 2.992000% 03/19/2025                                             | CUSIP: 30231GBH4<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | DBT              | CORP              | US        |     50000 | PA      | $48424.48     | 0.03%             | 2025-03-19      | Fixed         | 2.99%                 | No            |                  2 | On Loan: No      |
| MPT OPERATING PARTNERSHIP, L.P.                         | MPT OPERATING PARTNERSHIP LP / MPT FINANCE CORP 4.625000% 08/01/2029              | CUSIP: 55342UAJ3<br>LEI: WUQXXXF7PXTUPGROE843 | Long             | DBT              | CORP              | US        |     10000 | PA      | $7864.80      | 0.00%             | 2029-08-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| FOCUS FINANCIAL TL 1L B5                                | FOCUS FINANCIAL TL 1L B5 6/30/2028                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              |  | US        |     40000 | PA      | $39325.20     | 0.02%             | 2028-06-30      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FM5875                                                         | CUSIP: 3140X9Q57<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    138511 | PA      | $136940.77    | 0.08%             | 2050-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN CB0470                                                         | CUSIP: 3140QKQY7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     86721 | PA      | $77050.74     | 0.05%             | 2041-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SPRINT CAPITAL CORPORATION                              | SPRINT CAPITAL CORP 8.750000% 03/15/2032                                          | CUSIP: 852060AT9<br>LEI: 549300L17W0GQBR1PO80 | Long             | DBT              | CORP              | US        |     10000 | PA      | $11956.50     | 0.01%             | 2032-03-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN CB3031                                                         | CUSIP: 3140QNLM2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     93973 | PA      | $80596.36     | 0.05%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| WENDYS FUNDING LLC                                      | WENDY'S FUNDING LLC WEN 2019-1A A2I                                               | CUSIP: 95058XAG3<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    139612 | PA      | $128059.01    | 0.08%             | 2049-06-15      | Fixed         | 3.78%                 | No            |                  2 | On Loan: No      |
| COMCAST CORPORATION                                     | COMCAST CORP 3.150000% 03/01/2026                                                 | CUSIP: 20030NBS9<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19136.90     | 0.01%             | 2026-03-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| TAKE-TWO INTERACTIVE SOFTWARE, INC.                     | TAKE-TWO INTERACTIVE SOFTWARE INC 3.700000% 04/14/2027                            | CUSIP: 874054AG4<br>LEI: BOMSTHHJK882EWYX3334 | Long             | DBT              | CORP              | US        |    290000 | PA      | $275084.67    | 0.16%             | 2027-04-14      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| DIAMONDBACK ENERGY, INC.                                | DIAMONDBACK ENERGY INC 3.500000% 12/01/2029                                       | CUSIP: 25278XAN9<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |     30000 | PA      | $26703.04     | 0.02%             | 2029-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| COSTCO WHOLESALE CORPORATION                            | COSTCO WHOLESALE CORP 1.375000% 06/20/2027                                        | CUSIP: 22160KAN5<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | DBT              | CORP              | US        |     70000 | PA      | $61990.83     | 0.04%             | 2027-06-20      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| HOME PARTNERS OF AMERICA TRUST                          | HOME PARTNERS OF AMERICA 2021-2 TRUST HPA 2021-2 A                                | CUSIP: 43732VAT3<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    306715 | PA      | $264359.92    | 0.16%             | 2026-12-17      | Fixed         | 1.90%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC POOL FR QB9290                                                        | CUSIP: 3133AGKB4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     87293 | PA      | $72785.48     | 0.04%             | 2051-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CF HIPPOLYTA ISSUER LLC                                 | CF HIPPOLYTA ISSUER LLC SORT 2020-1 A1                                            | CUSIP: 12530MAA3<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    170071 | PA      | $150533.47    | 0.09%             | 2060-07-15      | Fixed         | 1.69%                 | No            |                  2 | On Loan: No      |
| COMCAST CORPORATION                                     | COMCAST CORP 3.400000% 04/01/2030                                                 | CUSIP: 20030NDG3<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18274.69     | 0.01%             | 2030-04-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN BR6524                                                         | CUSIP: 3140L5HA7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    210336 | PA      | $183114.08    | 0.11%             | 2051-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| DELTA AIR LINES, INC.                                   | DELTA AIR LINES INC 7.375000% 01/15/2026                                          | CUSIP: 247361ZZ4<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | DBT              | CORP              | US        |     30000 | PA      | $30992.40     | 0.02%             | 2026-01-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM CORPORATION                        | OCCIDENTAL PETROLEUM CORP 3.000000% 02/15/2027                                    | CUSIP: 674599CM5<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18100.00     | 0.01%             | 2027-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC POOL FR RB5134                                                        | CUSIP: 3133KYV30<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     18617 | PA      | $15217.58     | 0.01%             | 2041-11-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FS0331                                                         | CUSIP: 3140XFLM1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     93727 | PA      | $83275.25     | 0.05%             | 2052-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PCI GAMING AUTHORITY                                    | PCI GAMING AUTHORITY 5/29/2026                                                    | CUSIP: 70455DAG9<br>LEI: N/A                  | Long             | LON              |  | US        |     32362 | PA      | $31916.57     | 0.02%             | 2026-05-29      | Floating      | 6.25%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN AN4927                                                         | CUSIP: 3138LHPM0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     19183 | PA      | $18296.68     | 0.01%             | 2029-03-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| United States of America                                | US TREASURY N/B 3.000000% 08/15/2052                                              | CUSIP: 912810TJ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    780000 | PA      | $667875.00    | 0.40%             | 2052-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AT&T INC.                                               | AT&T INC 2.300000% 06/01/2027                                                     | CUSIP: 00206RJX1<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     60000 | PA      | $54000.27     | 0.03%             | 2027-06-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| BEAR STEARNS ASSET BACKED SECURITIES INC                | BEAR STEARNS ASSET BACKED SECURITIES I TRUST 2004- BSABS 2004-AC6 A1              | CUSIP: 073879LN6<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |     49907 | PA      | $41642.43     | 0.02%             | 2034-11-25      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Xcel Energy Inc.                                        | XCEL ENERGY INC 3.400000% 06/01/2030                                              | CUSIP: 98389BAY6<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | DBT              | CORP              | US        |    188000 | PA      | $167871.69    | 0.10%             | 2030-06-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| United States of America                                | US TREASURY N/B 2.875000% 08/15/2045                                              | CUSIP: 912810RN0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     70000 | PA      | $57632.42     | 0.03%             | 2045-08-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| SMALL BUSINESS ADMINISTRATION GTD                       | UNITED STATES SMALL BUSINESS ADMINISTRATION SBAP 2022-25K 1                       | CUSIP: 83162CR47<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    261000 | PA      | $267207.39    | 0.16%             | 2047-11-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Genpact Luxembourg S.a.r.l.                             | GENPACT LUXEMBOURG SARL/GENPACT USA INC 1.750000% 04/10/2026                      | CUSIP: 37190AAA7<br>LEI: 549300875ZJZQ1PBR343 | Long             | DBT              | NUSS              | US        |    292000 | PA      | $261368.00    | 0.15%             | 2026-04-10      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN MA2110                                                         | CUSIP: 31418BKY1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     14990 | PA      | $14475.04     | 0.01%             | 2034-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BRK - DEUTSCHE BANK                                     | Credit Default Swap                                                               | CUSIP: CDS125507<br>LEI: N/A                  | N/A              | DCR              |  | XX        | -18044000 | NC      | $192161.35    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC POOL FR SD0958                                                        | CUSIP: 3132DNB36<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    133609 | PA      | $123265.90    | 0.07%             | 2052-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BANQUE ROYALE DU CANADA                                 | ROYAL BANK OF CANADA MTN 1.150000% 06/10/2025                                     | CUSIP: 78015K7H1<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | NUSS              | CA        |     40000 | PA      | $36640.16     | 0.02%             | 2025-06-10      | Fixed         | 1.15%                 | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH INBEV WORLDWIDE INC.                     | ANHEUSER-BUSCH INBEV WORLDWIDE INC 3.500000% 06/01/2030                           | CUSIP: 035240AV2<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | BE        |     20000 | PA      | $18470.24     | 0.01%             | 2030-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC GOLD POOL FG G07697                                                   | CUSIP: 3128M93E0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     78398 | PA      | $78317.86     | 0.05%             | 2038-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AT&T INC.                                               | AT&T INC 2.550000% 12/01/2033                                                     | CUSIP: 00206RMM1<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    289000 | PA      | $227041.60    | 0.13%             | 2033-12-01      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC POOL FR RA2853                                                        | CUSIP: 3133KJE24<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    133712 | PA      | $115233.22    | 0.07%             | 2050-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FM5842                                                         | CUSIP: 3140X9P41<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    377356 | PA      | $374616.81    | 0.22%             | 2048-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| United States of America                                | US TREASURY N/B 1.250000% 05/15/2050                                              | CUSIP: 912810SN9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1040000 | PA      | $580125.00    | 0.34%             | 2050-05-15      | Fixed         | 1.25%                 | No            |                  1 | On Loan: No      |
| NORWEIGAN KRONE                                         | FX Forward Contract: NOK/EUR SETTLE 2023-01-18                                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | NO        |         1 | NC      | $6554.93      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS INC.                           | UNIVISION COMMUNICATIONS INC. 3/15/2026                                           | CUSIP: 914908BC1<br>LEI: N/A                  | Long             | LON              |  | US        |     36522 | PA      | $35837.53     | 0.02%             | 2026-03-15      | Floating      | 7.00%                 | No            |                  2 | On Loan: No      |
| CSX Corporation                                         | CSX CORP 3.800000% 04/15/2050                                                     | CUSIP: 126408HS5<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |    331000 | PA      | $260117.76    | 0.15%             | 2050-04-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Pepsico, Inc.                                           | PEPSICO INC 2.875000% 10/15/2049                                                  | CUSIP: 713448EP9<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |     20000 | PA      | $14855.90     | 0.01%             | 2049-10-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED EDISON COMPANY OF NEW YORK, INC.           | CONSOLIDATED EDISON CO OF NEW YORK INC 3.350000% 04/01/2030                       | CUSIP: 209111FX6<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18064.97     | 0.01%             | 2030-04-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN BO2977                                                         | CUSIP: 3140JXJX7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     89369 | PA      | $82801.33     | 0.05%             | 2049-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                             | BANK OF AMERICA CORP MTN 3.593000% 07/21/2028                                     | CUSIP: 06051GGR4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     90000 | PA      | $83445.32     | 0.05%             | 2028-07-21      | Fixed         | 3.59%                 | No            |                  2 | On Loan: No      |
| KKR GROUP FINANCE CO. VIII LLC                          | KKR GROUP FINANCE CO VIII LLC 144A 3.500000% 08/25/2050                           | CUSIP: 48252MAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    137000 | PA      | $95283.65     | 0.06%             | 2050-08-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY CAPITAL I TRUST                          | MORGAN STANLEY CAPITAL I TRUST 2019-BPR MSC 2019-BPR A                            | CUSIP: 61769GAA5<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    122750 | PA      | $116987.27    | 0.07%             | 2036-05-15      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| XPO LOGISTICS, INC.                                     | XPO LOGISTICS INC 144A 6.250000% 05/01/2025                                       | CUSIP: 983793AH3<br>LEI: 54930096DB9LCLPN7H13 | Long             | DBT              | CORP              | US        |      4000 | PA      | $4040.71      | 0.00%             | 2025-05-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE HOLDINGS FINANCE CO. L.L.C.                  | BLACKSTONE HOLDINGS FINANCE CO LLC 144A 5.000000% 06/15/2044                      | CUSIP: 09256BAG2<br>LEI: 549300D2L6J4NC1QVZ22 | Long             | DBT              | CORP              | US        |    200000 | PA      | $180134.79    | 0.11%             | 2044-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PILOT TRAVEL CENTERS LLC                                | PILOT TRAVEL CENTERS LLC 8/4/2028                                                 | CUSIP: 72165NBH1<br>LEI: N/A                  | Long             | LON              |  | US        |     58600 | PA      | $57696.39     | 0.03%             | 2028-08-04      | Floating      | 5.83%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                                            | UBS GROUP AG 144A 1.364000% 01/30/2027                                            | CUSIP: 902613AC2<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | NUSS              | CH        |    200000 | PA      | $173862.53    | 0.10%             | 2027-01-30      | Fixed         | 1.36%                 | No            |                  2 | On Loan: No      |
| CITADEL SECURITIES LP                                   | CITADEL SECURITIES LP 2/2/2028                                                    | CUSIP: 17288YAD4<br>LEI: N/A                  | Long             | LON              |  | US        |     49003 | PA      | $48207.06     | 0.03%             | 2028-02-02      | Floating      | 6.34%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH, INC.                                   | ELEVANCE HEALTH INC 3.350000% 12/01/2024                                          | CUSIP: 036752AC7<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19397.64     | 0.01%             | 2024-12-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC REMICS FHR 5071 IH                                                    | CUSIP: 3137F9R37<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     88864 | PA      | $11483.47     | 0.01%             | 2051-02-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FM5940                                                         | CUSIP: 3140X9S63<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     87409 | PA      | $72324.31     | 0.04%             | 2051-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| NVIDIA CORPORATION                                      | NVIDIA CORP 2.850000% 04/01/2030                                                  | CUSIP: 67066GAF1<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | DBT              | CORP              | US        |     20000 | PA      | $17642.67     | 0.01%             | 2030-04-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN LIFE GLOBAL FUNDING I                      | METROPOLITAN LIFE GLOBAL FUNDING I MTN 3.300000% 03/21/2029                       | CUSIP: 59217GEZ8<br>LEI: 635400MMSOCXNNNZDZ82 | Long             | DBT              | CORP              | US        |    361000 | PA      | $326827.27    | 0.19%             | 2029-03-21      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC MULTIFAMILY STRUCTURED PASS THROUGH CE FHMS K-1517 X1                 | CUSIP: 3137FWHG8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    234891 | PA      | $25017.24     | 0.01%             | 2035-07-25      | Floating      | 1.44%                 | No            |                  2 | On Loan: No      |
| PEACEHEALTH                                             | PEACEHEALTH OBLIGATED GROUP 1.375000% 11/15/2025                                  | CUSIP: 70462GAB4<br>LEI: PLDU35L52IYZUL5SMS69 | Long             | DBT              | CORP              | US        |    430000 | PA      | $384460.19    | 0.23%             | 2025-11-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                             | BANK OF AMERICA CORP 3.311000% 04/22/2042                                         | CUSIP: 06051GJW0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    185000 | PA      | $140073.49    | 0.08%             | 2042-04-22      | Fixed         | 3.31%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2              | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 30YR TBA (JANUARY)                       | CUSIP: 21H040616<br>LEI: N/A                  | Long             | DBT              |  | US        |    300000 | PA      | $286429.69    | 0.17%             | 2040-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BROWN GROUP HOLDINGS, LLC                               | BROWN GROUP HOLDINGS, LLC 6/7/2028                                                | CUSIP: 11565HAB2<br>LEI: N/A                  | Long             | LON              |  | US        |     39572 | PA      | $38657.00     | 0.02%             | 2028-06-07      | Floating      | 6.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC NON GOLD POOL FH 841081                                               | CUSIP: 31288QFW5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     75060 | PA      | $72184.01     | 0.04%             | 2050-02-01      | Floating      | 3.09%                 | No            |                  2 | On Loan: No      |
| FIVE CORNERS FUNDING TRUST                              | FIVE CORNERS FUNDING TRUST 144A 4.419000% 11/15/2023                              | CUSIP: 33829TAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    390000 | PA      | $386228.39    | 0.23%             | 2023-11-15      | Fixed         | 4.42%                 | No            |                  2 | On Loan: No      |
| PAYPAL HOLDINGS, INC.                                   | PAYPAL HOLDINGS INC 1.650000% 06/01/2025                                          | CUSIP: 70450YAG8<br>LEI: 5493005X2GO78EFZ3E94 | Long             | DBT              | CORP              | US        |     30000 | PA      | $27900.35     | 0.02%             | 2025-06-01      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| United States of America                                | US TREASURY N/B 3.000000% 08/15/2052                                              | CUSIP: 912810TJ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    460000 | PA      | $393875.00    | 0.23%             | 2052-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| VODAFONE GROUP PUBLIC LIMITED COMPANY                   | VODAFONE GROUP PLC 4.375000% 05/30/2028                                           | CUSIP: 92857WBK5<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | NUSS              | GB        |     40000 | PA      | $39583.42     | 0.02%             | 2028-05-30      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                            | BARCLAYS PLC 5.088000% 06/20/2030                                                 | CUSIP: 06738EBK0<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | NUSS              | GB        |    200000 | PA      | $180141.58    | 0.11%             | 2030-06-20      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST                           | FREDDIE MAC STACR REMIC TRUST 2020-DNA1 STACR 2020-DNA1 M2                        | CUSIP: 35565HAH8<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     48487 | PA      | $47941.95     | 0.03%             | 2050-01-25      | Floating      | 5.72%                 | No            |                  2 | On Loan: No      |
| OPTION ONE MORTGAGE LOAN TRUST                          | OPTION ONE MORTGAGE LOAN TRUST 2007-FXD1 OOMLT 2007-FXD1 3A4                      | CUSIP: 68402VAF9<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |     57033 | PA      | $54422.85     | 0.03%             | 2037-01-25      | Floating      | 5.86%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                          | MORGAN STANLEY MTN 3.622000% 04/01/2031                                           | CUSIP: 6174468P7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    140000 | PA      | $124762.12    | 0.07%             | 2031-04-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN BJ2544                                                         | CUSIP: 3140H3ZJ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     25520 | PA      | $23666.69     | 0.01%             | 2037-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MILEAGE PLUS HOLDINGS, LLC                              | MILEAGE PLUS HOLDINGS LLC / MILEAGE PLUS INTELLECT 6.500000% 06/20/2027           | CUSIP: 599191AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     38000 | PA      | $37809.62     | 0.02%             | 2027-06-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| INTERSTATE POWER AND LIGHT COMPANY                      | INTERSTATE POWER AND LIGHT CO 2.300000% 06/01/2030                                | CUSIP: 461070AS3<br>LEI: EF9UQIIO4KY2BWOK3P26 | Long             | DBT              | CORP              | US        |    295000 | PA      | $242850.08    | 0.14%             | 2030-06-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| TIME WARNER CABLE, LLC                                  | TIME WARNER CABLE LLC 6.550000% 05/01/2037                                        | CUSIP: 88732JAJ7<br>LEI: 549300U5NFR7S6E3GM41 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9584.57      | 0.01%             | 2037-05-01      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| EOG RESOURCES, INC.                                     | EOG RESOURCES INC 4.150000% 01/15/2026                                            | CUSIP: 26875PAP6<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19720.04     | 0.01%             | 2026-01-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| BENCHMARK MORTGAGE TRUST                                | BENCHMARK 2020-B17 MORTGAGE TRUST BMARK 2020-B17 A2                               | CUSIP: 08162MAV0<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    395000 | PA      | $363331.03    | 0.22%             | 2053-03-15      | Fixed         | 2.21%                 | No            |                  2 | On Loan: No      |
| FLAGSTAR MORTGAGE TRUST                                 | FLAGSTAR MORTGAGE TRUST 2021-6INV FSMT 2021-6INV A4                               | CUSIP: 33851GAD7<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    549192 | PA      | $442185.59    | 0.26%             | 2051-08-25      | Floating      | 2.50%                 | Yes           |                  2 | On Loan: No      |
| PETROBRAS GLOBAL FINANCE B.V.                           | PETROBRAS GLOBAL FINANCE BV 5.750000% 02/01/2029                                  | CUSIP: 71647NAZ2<br>LEI: 549300FNENFFSMO3GT38 | Long             | DBT              | NUSS              | BR        |     50000 | PA      | $48222.50     | 0.03%             | 2029-02-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| THE HERSHEY COMPANY                                     | HERSHEY CO/THE 0.900000% 06/01/2025                                               | CUSIP: 427866BF4<br>LEI: 21X2CX66SU2BR6QTAD08 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9140.98      | 0.01%             | 2025-06-01      | Fixed         | 0.90%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA, INC.                                      | T-MOBILE USA INC 3.375000% 04/15/2029                                             | CUSIP: 87264ABV6<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |     20000 | PA      | $17671.42     | 0.01%             | 2029-04-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| BRK: UBS                                                | BRK: UBS PAY: 1.52%                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | XX        |    268000 | NC      | $76099.83     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| KKR GROUP FINANCE CO. III LLC                           | KKR GROUP FINANCE CO III LLC 144A 5.125000% 06/01/2044                            | CUSIP: 48250AAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    215000 | PA      | $192960.11    | 0.11%             | 2044-06-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST                            | BX COMMERCIAL MORTGAGE TRUST 2019-XL BX 2019-XL A                                 | CUSIP: 056054AA7<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    372425 | PA      | $365863.25    | 0.22%             | 2036-10-15      | Floating      | 4.83%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN LIFE INSURANCE COMPANY                     | METROPOLITAN LIFE INSURANCE CO 144A 7.800000% 11/01/2025                          | CUSIP: 592173AE8<br>LEI: 549300H7EXFMRS487544 | Long             | DBT              | CORP              | US        |    267000 | PA      | $284487.78    | 0.17%             | 2025-11-01      | Fixed         | 7.80%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC POOL FR RB5125                                                        | CUSIP: 3133KYVS5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    179424 | PA      | $153309.08    | 0.09%             | 2041-09-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC.                                          | CITIGROUP INC 3.520000% 10/27/2028                                                | CUSIP: 172967LS8<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    148000 | PA      | $135412.51    | 0.08%             | 2028-10-27      | Fixed         | 3.52%                 | No            |                  2 | On Loan: No      |
| COMCAST CORPORATION                                     | COMCAST CORP 2.887000% 11/01/2051                                                 | CUSIP: 20030NDS7<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     30000 | PA      | $20012.72     | 0.01%             | 2051-11-01      | Fixed         | 2.89%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2              | GINNIE MAE II POOL G2 MA5529                                                      | CUSIP: 36179UEA6<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     21666 | PA      | $21488.06     | 0.01%             | 2048-10-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ATHENAHEALTH GROUP INC.                                 | ATHENAHEALTH GROUP INC. 2/15/2029                                                 | CUSIP: 04686RAB9<br>LEI: N/A                  | Long             | LON              |  | US        |    110882 | PA      | $101013.07    | 0.06%             | 2029-02-15      | Floating      | 7.41%                 | No            |                  2 | On Loan: No      |
| Virginia Electric and Power Company                     | VIRGINIA ELECTRIC AND POWER CO 3.150000% 01/15/2026                               | CUSIP: 927804FU3<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |    124000 | PA      | $118031.74    | 0.07%             | 2026-01-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Prosus N.V.                                             | PROSUS NV MTN 3.061000% 07/13/2031                                                | CUSIP: 74365PAF5<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | DBT              | NUSS              | CN        |    200000 | PA      | $149302.97    | 0.09%             | 2031-07-13      | Fixed         | 3.06%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINANCIAL COMPANY, INC.                  | GENERAL MOTORS FINANCIAL CO INC 3.100000% 01/12/2032                              | CUSIP: 37045XDS2<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8022.21      | 0.00%             | 2032-01-12      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING, LLC                   | CHARTER COMMUNICATIONS OPERATING LLC / CHARTER COM 4.400000% 04/01/2033           | CUSIP: 161175CJ1<br>LEI: 549300TPZNMN50BJ3745 | Long             | DBT              | CORP              | US        |    150000 | PA      | $131477.24    | 0.08%             | 2033-04-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORPORATION                                | STATE STREET CORP 3.152000% 03/30/2031                                            | CUSIP: 857477BN2<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |     80000 | PA      | $70453.35     | 0.04%             | 2031-03-30      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| TEXAS INSTRUMENTS INCORPORATED                          | TEXAS INSTRUMENTS INC 1.750000% 05/04/2030                                        | CUSIP: 882508BJ2<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | DBT              | CORP              | US        |     20000 | PA      | $16581.67     | 0.01%             | 2030-05-04      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| PALMER SQUARE CLO                                       | PALMER SQUARE CLO 2013-2 LTD PLMRS 2013-2A A1A3                                   | CUSIP: 69688AAL5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    330000 | PA      | $323414.19    | 0.19%             | 2031-10-17      | Floating      | 5.23%                 | Yes           |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM CORPORATION                        | OCCIDENTAL PETROLEUM CORP 7.500000% 05/01/2031                                    | CUSIP: 674599DD4<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     60000 | PA      | $65100.00     | 0.04%             | 2031-05-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FM8839                                                         | CUSIP: 3140XCZD3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    591363 | PA      | $492001.12    | 0.29%             | 2051-09-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CCO HOLDINGS, LLC                                       | CCO HOLDINGS LLC / CCO HOLDINGS CAPITAL CORP 144A 4.750000% 02/01/2032            | CUSIP: 1248EPCQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $83625.00     | 0.05%             | 2032-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| NEXTGEAR FLOORPLAN MASTER OWNER TRUST                   | NEXTGEAR FLOORPLAN MASTER OWNER TRUST NFMOT 2022-1A A2                            | CUSIP: 65341KBT2<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    489000 | PA      | $459086.65    | 0.27%             | 2027-03-15      | Fixed         | 2.80%                 | Yes           |                  2 | On Loan: No      |
| GUARDIAN LIFE GLOBAL FUNDING                            | GUARDIAN LIFE GLOBAL FUNDING 144A 1.100000% 06/23/2025                            | CUSIP: 40139LAG8<br>LEI: 635400NHILJ5JEKILC36 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9066.70      | 0.01%             | 2025-06-23      | Fixed         | 1.10%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN CA6872                                                         | CUSIP: 3140QET69<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    358310 | PA      | $332994.09    | 0.20%             | 2035-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FS1112                                                         | CUSIP: 3140XGGW3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    192261 | PA      | $160532.87    | 0.10%             | 2052-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| UBS AG LONDON BRANCH                                    | UBS AG/LONDON MTN 4.500000% 06/26/2048                                            | CUSIP: 902674XN5<br>LEI: N/A                  | Long             | DBT              | NUSS              | CH        |    400000 | PA      | $340587.07    | 0.20%             | 2048-06-26      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORPORATION                                  | CVS HEALTH CORP 3.750000% 04/01/2030                                              | CUSIP: 126650DJ6<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |     30000 | PA      | $27718.92     | 0.02%             | 2030-04-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM CORPORATION                        | OCCIDENTAL PETROLEUM CORP 4.625000% 06/15/2045                                    | CUSIP: 674599CF0<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     20000 | PA      | $16100.00     | 0.01%             | 2045-06-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| CVS LEASE BACKED PASS THROUGH SERIES TRUST              | CVS PASS-THROUGH TRUST 6.036000% 12/10/2028                                       | CUSIP: 126650BP4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    158229 | PA      | $158809.31    | 0.09%             | 2028-12-10      | Fixed         | 6.04%                 | No            |                  2 | On Loan: No      |
| LENNAR CORPORATION                                      | LENNAR CORP 5.000000% 06/15/2027                                                  | CUSIP: 526057CV4<br>LEI: 529900G61XVRLX5TJX09 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9803.10      | 0.01%             | 2027-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS INC.                             | VERIZON COMMUNICATIONS INC 3.150000% 03/22/2030                                   | CUSIP: 92343VFE9<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     30000 | PA      | $26627.05     | 0.02%             | 2030-03-22      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN BQ3136                                                         | CUSIP: 3140KNPW2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    189818 | PA      | $166073.80    | 0.10%             | 2050-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN 890843                                                         | CUSIP: 31410LWC2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     42181 | PA      | $38131.70     | 0.02%             | 2047-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| U.S. DOLLARS                                            | FX Forward Contract: USD/CNY SETTLE 2023-01-18                                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $-609.02      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| T-MOBILE USA, INC.                                      | T-MOBILE USA INC 3.500000% 04/15/2031                                             | CUSIP: 87264ABW4<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |     50000 | PA      | $43539.04     | 0.03%             | 2031-04-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| AT&T INC.                                               | AT&T INC 4.350000% 06/15/2045                                                     | CUSIP: 00206RBK7<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     20000 | PA      | $16541.79     | 0.01%             | 2045-06-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| VISA INC.                                               | VISA INC 3.150000% 12/14/2025                                                     | CUSIP: 92826CAD4<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | DBT              | CORP              | US        |     70000 | PA      | $67410.93     | 0.04%             | 2025-12-14      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2              | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 30YR TBA JAN                             | CUSIP: 21H030617<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    600000 | PA      | $542219.92    | 0.32%             | 2043-01-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2020-178 IO                          | CUSIP: 38380RFZ8<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |   1143045 | PA      | $114845.16    | 0.07%             | 2060-10-16      | Floating      | 1.42%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN CB1878                                                         | CUSIP: 3140QMCQ5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     90670 | PA      | $80502.19     | 0.05%             | 2051-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Estados Unidos Mexicanos                                | UNITED MEXICAN STATES 4.600000% 02/10/2048                                        | CUSIP: 91087BAD2<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    230000 | PA      | $184923.21    | 0.11%             | 2048-02-10      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| GFL ENVIRONMENTAL INC.                                  | GFL ENVIRONMENTAL INC 144A 4.250000% 06/01/2025                                   | CUSIP: 36168QAJ3<br>LEI: 549300FYK4MBXWIVZU26 | Long             | DBT              | NUSS              | CA        |     20000 | PA      | $19047.75     | 0.01%             | 2025-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| TIME WARNER CABLE, LLC                                  | TIME WARNER CABLE LLC 7.300000% 07/01/2038                                        | CUSIP: 88732JAN8<br>LEI: 549300U5NFR7S6E3GM41 | Long             | DBT              | CORP              | US        |     90000 | PA      | $92033.45     | 0.05%             | 2038-07-01      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FM8576                                                         | CUSIP: 3140XCQ68<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    158704 | PA      | $143239.05    | 0.08%             | 2050-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CORPORATION                       | CAPITAL ONE FINANCIAL CORP 4.927000% 05/10/2028                                   | CUSIP: 14040HCS2<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |     42000 | PA      | $40291.00     | 0.02%             | 2028-05-10      | Fixed         | 4.93%                 | No            |                  2 | On Loan: No      |
| Kraft Heinz Foods Company                               | KRAFT HEINZ FOODS CO 4.250000% 03/01/2031                                         | CUSIP: 50077LBF2<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9464.95      | 0.01%             | 2031-03-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| AMERICAN TRANSMISSION SYSTEMS, INCORPORATED             | AMERICAN TRANSMISSION SYSTEMS INC 144A 2.650000% 01/15/2032                       | CUSIP: 030288AC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     30000 | PA      | $24498.21     | 0.01%             | 2032-01-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN CB0189                                                         | CUSIP: 3140QKF78<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    232032 | PA      | $206184.52    | 0.12%             | 2051-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES                           | FANNIE MAE CONNECTICUT AVENUE SECURITIES CAS 2014-C02 1M2                         | CUSIP: 30711XAF1<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     90961 | PA      | $90960.96     | 0.05%             | 2024-05-25      | Floating      | 6.62%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN CA5969                                                         | CUSIP: 3140QDT38<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    356778 | PA      | $309407.22    | 0.18%             | 2050-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2              | GINNIE MAE II POOL 30YR TBA (JANUARY)                                             | CUSIP: 21H052611<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    300000 | PA      | $303323.62    | 0.18%             | 2053-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC GOLD POOL FG G30892                                                   | CUSIP: 3132J4GA1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     82321 | PA      | $83357.79     | 0.05%             | 2030-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | GINNIE MAE I POOL GN AB2892                                                       | CUSIP: 36178NF95<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     11026 | PA      | $10233.71     | 0.01%             | 2042-09-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC POOL FR SD1305                                                        | CUSIP: 3132DNNW9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    137704 | PA      | $137291.03    | 0.08%             | 2052-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH INBEV WORLDWIDE INC.                     | ANHEUSER-BUSCH INBEV WORLDWIDE INC 4.600000% 04/15/2048                           | CUSIP: 035240AN0<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | BE        |     10000 | PA      | $9085.14      | 0.01%             | 2048-04-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| ALTERRA MOUNTAIN COMPANY                                | ALTERRA MOUNTAIN COMPANY 8/17/2028                                                | CUSIP: 46124CAJ6<br>LEI: N/A                  | Long             | LON              |  | US        |     38600 | PA      | $38021.00     | 0.02%             | 2028-08-17      | Floating      | 7.25%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERATING, LP                         | WESTERN MIDSTREAM OPERATING LP VARIABLE RATE 01/13/2023                           | CUSIP: 958667AD9<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9980.00      | 0.01%             | 2023-01-13      | Floating      | 5.04%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC POOL FR SD7534                                                        | CUSIP: 3132DVLP8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     79905 | PA      | $69688.53     | 0.04%             | 2051-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC SEASONED CREDIT RISK TRANSFER TRUST         | SEASONED CREDIT RISK TRANSFER TRUST SERIES 2018-3 SCRT 2018-3 MA                  | CUSIP: 35563PGG8<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    174978 | PA      | $166873.86    | 0.10%             | 2057-08-25      | Floating      | 3.36%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPERATING LLC                       | ENTERPRISE PRODUCTS OPERATING LLC 4.850000% 03/15/2044                            | CUSIP: 29379VBA0<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |     50000 | PA      | $44644.87     | 0.03%             | 2044-03-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO.                                    | JPMORGAN CHASE & CO 4.493000% 03/24/2031                                          | CUSIP: 46647PBJ4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    298000 | PA      | $282538.23    | 0.17%             | 2031-03-24      | Fixed         | 4.49%                 | No            |                  2 | On Loan: No      |
| CINTAS CORP NO 2                                        | CINTAS CORP NO 2 3.700000% 04/01/2027                                             | CUSIP: 17252MAN0<br>LEI: 549300QVUQTTKMTE0G41 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29050.69     | 0.02%             | 2027-04-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| SABEY DATA CENTER ISSUER, LLC                           | SABEY DATA CENTER ISSUER LLC SDCP 2021-1 A2                                       | CUSIP: 78520EAB2<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    466000 | PA      | $399825.25    | 0.24%             | 2046-06-20      | Fixed         | 1.88%                 | Yes           |                  2 | On Loan: No      |
| United States of America                                | US ULTRA BOND CBT MAR23 FINANCIAL COMMODITY FUTURE.                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |        16 | NC      | $2180500.00   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY                                          | MORGAN STANLEY MTN 2.511000% 10/20/2032                                           | CUSIP: 61747YEH4<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    120000 | PA      | $95426.48     | 0.06%             | 2032-10-20      | Fixed         | 2.51%                 | No            |                  2 | On Loan: No      |
| Suzano Austria GmbH                                     | SUZANO AUSTRIA GMBH 3.125000% 01/15/2032                                          | CUSIP: 86964WAK8<br>LEI: 254900287ZNSGVP1R341 | Long             | DBT              | NUSS              | BR        |     20000 | PA      | $15605.16     | 0.01%             | 2032-01-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| NAVIENT STUDENT LOAN TRUST                              | NAVIENT STUDENT LOAN TRUST 2016-3 NAVSL 2016-3A A3                                | CUSIP: 63940HAC7<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    136715 | PA      | $134562.41    | 0.08%             | 2065-06-25      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| JPMDB COMMERCIAL MORTGAGE SECURITIES TRUST              | JPMDB COMMERCIAL MORTGAGE SECURITIES TRUST 2017-C7 JPMDB 2017-C7 XA               | CUSIP: 46648KAW6<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |   1337382 | PA      | $39749.39     | 0.02%             | 2050-10-15      | Floating      | 0.97%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN BM6373                                                         | CUSIP: 3140JBCK0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    144787 | PA      | $143787.68    | 0.09%             | 2047-04-01      | Floating      | 2.76%                 | No            |                  2 | On Loan: No      |
| EATON CORPORATION                                       | EATON CORP 4.150000% 11/02/2042                                                   | CUSIP: 278062AE4<br>LEI: 0NZWDMRCE180888QQE14 | Long             | DBT              | CORP              | US        |     70000 | PA      | $60967.61     | 0.04%             | 2042-11-02      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| COMCAST CORPORATION                                     | COMCAST CORP 3.750000% 04/01/2040                                                 | CUSIP: 20030NDH1<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     20000 | PA      | $16711.98     | 0.01%             | 2040-04-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| VISA INC.                                               | VISA INC 4.300000% 12/14/2045                                                     | CUSIP: 92826CAF9<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | DBT              | CORP              | US        |     50000 | PA      | $46812.20     | 0.03%             | 2045-12-14      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| COMPAGNIE DE CHEMIN DE FER CANADIEN PACIFIQUE           | CANADIAN PACIFIC RAILWAY CO 3.100000% 12/02/2051                                  | CUSIP: 13645RBH6<br>LEI: 54930036474DURYNB481 | Long             | DBT              | NUSS              | CA        |     40000 | PA      | $28122.39     | 0.02%             | 2051-12-02      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| DUNKIN BRANDS                                           | DB MASTER FINANCE LLC DNKN 2021-1A A23                                            | CUSIP: 233046AS0<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    473220 | PA      | $365395.88    | 0.22%             | 2051-11-20      | Fixed         | 2.79%                 | Yes           |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO.                                    | JPMORGAN CHASE & CO 4.950000% 06/01/2045                                          | CUSIP: 46625HLL2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    100000 | PA      | $92530.93     | 0.05%             | 2045-06-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                      | ENERGY TRANSFER LP 4.150000% 09/15/2029                                           | CUSIP: 292480AM2<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18146.16     | 0.01%             | 2029-09-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Republica del Peru                                      | REPUBLIC OF PERU 5.625000% 11/18/2050                                             | CUSIP: 715638BM3<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |     70000 | PA      | $69665.53     | 0.04%             | 2050-11-18      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FS1556                                                         | CUSIP: 3140XGWS4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     96718 | PA      | $89399.08     | 0.05%             | 2052-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FORD CREDIT AUTO OWNER TRUST                            | FORD CREDIT AUTO OWNER TRUST 2021-REV1 FORDR 2021-1 A                             | CUSIP: 345340AA1<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    254000 | PA      | $225579.99    | 0.13%             | 2033-10-17      | Fixed         | 1.37%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FS1092                                                         | CUSIP: 3140XGGA1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     95388 | PA      | $87771.28     | 0.05%             | 2052-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2              | GINNIE MAE II POOL G2 MA5467                                                      | CUSIP: 36179UCC4<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     43274 | PA      | $42927.11     | 0.03%             | 2048-09-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2              | GINNIE MAE II POOL G2 MA4451                                                      | CUSIP: 36179S5L7<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     16803 | PA      | $15868.19     | 0.01%             | 2047-05-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR COMPANY                                      | FORD MOTOR CO 4.750000% 01/15/2043                                                | CUSIP: 345370CQ1<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |     20000 | PA      | $14800.77     | 0.01%             | 2043-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS INC.                             | VERIZON COMMUNICATIONS INC 2.100000% 03/22/2028                                   | CUSIP: 92343VGH1<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     30000 | PA      | $26247.82     | 0.02%             | 2028-03-22      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| ATHENAHEALTH GROUP INC.                                 | ATHENAHEALTH GROUP INC. 2/15/2029                                                 | CUSIP: 74049LAQ4<br>LEI: 254900AA3KZN4Q7A5Z33 | Long             | LON              |  | US        |     18841 | PA      | $-1676.81     | -0.00%            | 2029-02-15      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                 | MPLX LP 5.500000% 02/15/2049                                                      | CUSIP: 55336VAT7<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |     30000 | PA      | $26952.86     | 0.02%             | 2049-02-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                           | FORD MOTOR CREDIT CO LLC 4.000000% 11/13/2030                                     | CUSIP: 345397B36<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    200000 | PA      | $169170.00    | 0.10%             | 2030-11-13      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LOWE'S COMPANIES, INC.                                  | LOWE'S COS INC 4.500000% 04/15/2030                                               | CUSIP: 548661DU8<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19459.06     | 0.01%             | 2030-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FS2496                                                         | CUSIP: 3140XHX28<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     19431 | PA      | $18926.38     | 0.01%             | 2052-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Eversource Energy                                       | EVERSOURCE ENERGY 3.150000% 01/15/2025                                            | CUSIP: 664397AM8<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |    111000 | PA      | $106612.58    | 0.06%             | 2025-01-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                             | BANK OF AMERICA CORP MTN 4.083000% 03/20/2051                                     | CUSIP: 06051GJA8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    110000 | PA      | $90429.02     | 0.05%             | 2051-03-20      | Fixed         | 4.08%                 | No            |                  2 | On Loan: No      |
| DEERFIELD DAKOTA HOLDING LLC                            | DEERFIELD DAKOTA HOLDING LLC 4/9/2027                                             | CUSIP: 24440EAB3<br>LEI: N/A                  | Long             | LON              |  | US        |    103200 | PA      | $97376.42     | 0.06%             | 2027-04-09      | Floating      | 7.48%                 | No            |                  2 | On Loan: No      |
| REPUBLIC SERVICES, INC.                                 | REPUBLIC SERVICES INC 2.500000% 08/15/2024                                        | CUSIP: 760759AU4<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19172.90     | 0.01%             | 2024-08-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| United States of America                                | US TREASURY N/B 4.125000% 09/30/2027                                              | CUSIP: 91282CFM8<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |    250000 | PA      | $253046.88    | 0.15%             | 2027-09-30      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| BANKAMERICA MANUFACTURED HOUSING CONTRACT TRUST         | BANKAMERICA MANUFACTURED HOUSING CONTRACT TRUST BAMH 1996-1 B1                    | CUSIP: 065910AH4<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    510000 | PA      | $22569.44     | 0.01%             | 2026-10-10      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| SREIT COMMERCIAL MORTGAGE TRUST                         | SREIT TRUST 2021-MFP2 SREIT 2021-MFP2 A                                           | CUSIP: 85236WCE4<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    110000 | PA      | $105606.97    | 0.06%             | 2036-11-15      | Floating      | 4.70%                 | Yes           |                  2 | On Loan: No      |
| AIA Group Limited                                       | AIA GROUP LTD MTN 3.200000% 03/11/2025                                            | CUSIP: 00131LAB1<br>LEI: ZP5ILWVSYE4LJGMMVD57 | Long             | DBT              | NUSS              | HK        |    270000 | PA      | $259189.95    | 0.15%             | 2025-03-11      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR COMPANY                                      | FORD MOTOR CO 3.250000% 02/12/2032                                                | CUSIP: 345370DA5<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |     30000 | PA      | $23709.74     | 0.01%             | 2032-02-12      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN BM1972                                                         | CUSIP: 3140J6FN2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     68876 | PA      | $66335.05     | 0.04%             | 2037-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| WEA FINANCE LLC                                         | WEA FINANCE LLC / WESTFIELD UK & EUROPE FINANCE PL 3.750000% 09/17/2024           | CUSIP: 92890HAC6<br>LEI: 3CYEJKBUJZO3UW777J80 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $189472.70    | 0.11%             | 2024-09-17      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2021-96 VI                           | CUSIP: 38382UG39<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    277725 | PA      | $37800.66     | 0.02%             | 2051-06-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BRK: UBS                                                | BRK: UBS PAY: 1.13%                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | XX        |   1960000 | NC      | $239281.96    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM CORPORATION                        | OCCIDENTAL PETROLEUM CORP 6.950000% 07/01/2024                                    | CUSIP: 674599DB8<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |      4000 | PA      | $4055.36      | 0.00%             | 2024-07-01      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| BRK - JP MORGAN                                         | BRK - JP MORGAN PAY - 2.62% FIXED                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | XX        |    600000 | NC      | $60363.10     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC POOL FR RA1293                                                        | CUSIP: 3133KGNJ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |       535 | PA      | $483.21       | 0.00%             | 2049-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2022-63 LM                           | CUSIP: 38383REY9<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    100000 | PA      | $85742.65     | 0.05%             | 2050-10-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Compagnie des chemins de fer nationaux du Canada        | CANADIAN NATIONAL RAILWAY CO 3.650000% 02/03/2048                                 | CUSIP: 136375CP5<br>LEI: 3SU7BEP7TH9YEQOZCS77 | Long             | DBT              | NUSS              | CA        |    151000 | PA      | $122421.94    | 0.07%             | 2048-02-03      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| DEVON ENERGY CORPORATION                                | DEVON ENERGY CORP 5.000000% 06/15/2045                                            | CUSIP: 25179MAU7<br>LEI: 54930042348RKR3ZPN35 | Long             | DBT              | CORP              | US        |    210000 | PA      | $187727.66    | 0.11%             | 2045-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TENNESSEE GAS PIPELINE COMPANY, L.L.C.                  | TENNESSEE GAS PIPELINE CO LLC 144A 2.900000% 03/01/2030                           | CUSIP: 880451AZ2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     60000 | PA      | $50811.48     | 0.03%             | 2030-03-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| NIKE, INC.                                              | NIKE INC 2.400000% 03/27/2025                                                     | CUSIP: 654106AH6<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | DBT              | CORP              | US        |     30000 | PA      | $28727.43     | 0.02%             | 2025-03-27      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN MA2773                                                         | CUSIP: 31418CCK8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    122413 | PA      | $116173.55    | 0.07%             | 2036-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2              | GINNIE MAE II POOL 30YR TBA (JANUARY)                                             | CUSIP: 21H022614<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |   1300000 | PA      | $1143339.86   | 0.68%             | 2053-01-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM CORPORATION                        | OCCIDENTAL PETROLEUM CORP 4.100000% 02/15/2047                                    | CUSIP: 674599CL7<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     70000 | PA      | $54250.00     | 0.03%             | 2047-02-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| CCO HOLDINGS, LLC                                       | CCO HOLDINGS LLC / CCO HOLDINGS CAPITAL CORP 4.500000% 05/01/2032                 | CUSIP: 1248EPCN1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $82526.50     | 0.05%             | 2032-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TRITON WATER HOLDINGS, INC.                             | TRITON WATER HOLDINGS, INC. 3/31/2028                                             | CUSIP: 89678QAB2<br>LEI: N/A                  | Long             | LON              |  | US        |     59250 | PA      | $54510.06     | 0.03%             | 2028-03-31      | Floating      | 7.17%                 | No            |                  2 | On Loan: No      |
| BURLINGTON NORTHERN SANTA FE, LLC                       | BURLINGTON NORTHERN SANTA FE LLC 2.875000% 06/15/2052                             | CUSIP: 12189LBH3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     30000 | PA      | $20822.24     | 0.01%             | 2052-06-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| COMCAST CORPORATION                                     | COMCAST CORP 3.969000% 11/01/2047                                                 | CUSIP: 20030NCC3<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     90000 | PA      | $73026.40     | 0.04%             | 2047-11-01      | Fixed         | 3.97%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                | LLOYDS BANKING GROUP PLC 3.900000% 03/12/2024                                     | CUSIP: 53944YAH6<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | NUSS              | GB        |    536000 | PA      | $525891.51    | 0.31%             | 2024-03-12      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2              | GINNIE MAE II POOL G2 786134                                                      | CUSIP: 3622ABV33<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     94825 | PA      | $84181.63     | 0.05%             | 2052-04-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORPORATION                                | STATE STREET CORP 2.901000% 03/30/2026                                            | CUSIP: 857477BM4<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |     95000 | PA      | $90321.12     | 0.05%             | 2026-03-30      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| MILANO ACQUISITION                                      | MILANO ACQUISITION 10/1/2027                                                      | CUSIP: 59909TAC8<br>LEI: N/A                  | Long             | LON              |  | US        |     88647 | PA      | $86341.81     | 0.05%             | 2027-10-01      | Floating      | 7.67%                 | No            |                  2 | On Loan: No      |
| Suzano Austria GmbH                                     | SUZANO AUSTRIA GMBH 3.750000% 01/15/2031                                          | CUSIP: 86964WAJ1<br>LEI: 254900287ZNSGVP1R341 | Long             | DBT              | NUSS              | BR        |     90000 | PA      | $75207.29     | 0.04%             | 2031-01-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FM3347                                                         | CUSIP: 3140X6WH0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     12581 | PA      | $11790.15     | 0.01%             | 2047-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH COMPANIES, LLC                           | ANHEUSER-BUSCH COS LLC / ANHEUSER-BUSCH INBEV WORL 4.900000% 02/01/2046           | CUSIP: 03522AAJ9<br>LEI: 5493002J2SVENP0PVK27 | Long             | DBT              | CORP              | BE        |    150000 | PA      | $140322.49    | 0.08%             | 2046-02-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| BP CAPITAL MARKETS AMERICA INC.                         | BP CAPITAL MARKETS AMERICA INC 3.633000% 04/06/2030                               | CUSIP: 10373QBL3<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18581.26     | 0.01%             | 2030-04-06      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC.                                          | CITIGROUP INC 4.125000% 07/25/2028                                                | CUSIP: 172967KU4<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     90000 | PA      | $84996.68     | 0.05%             | 2028-07-25      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING, LLC                   | CHARTER COMMUNICATIONS OPERATING LLC / CHARTER COM 5.375000% 05/01/2047           | CUSIP: 161175BL7<br>LEI: 549300TPZNMN50BJ3745 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8272.87      | 0.00%             | 2047-05-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN BO5384                                                         | CUSIP: 3140K06W3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    255208 | PA      | $236611.13    | 0.14%             | 2049-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| AT&T INC.                                               | AT&T INC 2.550000% 12/01/2033                                                     | CUSIP: 00206RMM1<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    110000 | PA      | $86417.22     | 0.05%             | 2033-12-01      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| CAESARS RESORT COLLECTION LLC                           | CAESARS RESORT COLLECTION LLC 23-Dec-2024                                         | CUSIP: 12769LAB5<br>LEI: N/A                  | Long             | LON              |  | US        |       172 | PA      | $170.89       | 0.00%             | 2024-12-23      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERATING, LP                         | WESTERN MIDSTREAM OPERATING LP 4.300000% 02/01/2030                               | CUSIP: 958667AC1<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |    100000 | PA      | $89109.00     | 0.05%             | 2030-02-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC NON GOLD POOL FH 841076                                               | CUSIP: 31288QFR6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     55320 | PA      | $52419.74     | 0.03%             | 2048-11-01      | Floating      | 3.01%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FS1289                                                         | CUSIP: 3140XGNF2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     94966 | PA      | $85541.98     | 0.05%             | 2052-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2              | GINNIE MAE II POOL G2 MA7883                                                      | CUSIP: 36179WXL7<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     95650 | PA      | $88841.63     | 0.05%             | 2052-02-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2              | GINNIE MAE II POOL G2 MA7590                                                      | CUSIP: 36179WNF1<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    169369 | PA      | $154060.95    | 0.09%             | 2051-09-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC GOLD POOL FG C91987                                                   | CUSIP: 3128P8F48<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     22296 | PA      | $20698.56     | 0.01%             | 2038-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| United States of America                                | US TREASURY N/B 2.000000% 02/15/2050                                              | CUSIP: 912810SL3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    330000 | PA      | $225418.36    | 0.13%             | 2050-02-15      | Fixed         | 2.00%                 | No            |                  1 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE OR FREDDIE MAC 30YR TBA (JANUARY)                                      | CUSIP: 01F020612<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |   1400000 | PA      | $1154234.37   | 0.68%             | 2053-01-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING, LLC                   | CHARTER COMMUNICATIONS OPERATING LLC / CHARTER COM 5.125000% 07/01/2049           | CUSIP: 161175BS2<br>LEI: 549300TPZNMN50BJ3745 | Long             | DBT              | CORP              | US        |     10000 | PA      | $7918.64      | 0.00%             | 2049-07-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FM7900                                                         | CUSIP: 3140XBX62<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     85869 | PA      | $74351.65     | 0.04%             | 2051-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CHEVRON CORPORATION                                     | CHEVRON CORP 1.554000% 05/11/2025                                                 | CUSIP: 166764BW9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $46739.34     | 0.03%             | 2025-05-11      | Fixed         | 1.55%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN AS9760                                                         | CUSIP: 3138WKZ24<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     17776 | PA      | $17659.43     | 0.01%             | 2047-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SETANTA AIRCRAFT LEASING DAC                            | SETANTA AIRCRAFT LEASING DAC 11/5/2028                                            | CUSIP: G8057JAB2<br>LEI: N/A                  | Long             | LON              |  | US        |     80000 | PA      | $78916.80     | 0.05%             | 2028-11-05      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO.                                    | JPMORGAN CHASE & CO 4.023000% 12/05/2024                                          | CUSIP: 46647PAY2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    200000 | PA      | $197594.55    | 0.12%             | 2024-12-05      | Fixed         | 4.02%                 | No            |                  2 | On Loan: No      |
| INTESA SANPAOLO SPA                                     | INTESA SANPAOLO SPA MTN 5.017000% 06/26/2024                                      | CUSIP: 46115HAT4<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | NUSS              | IT        |    200000 | PA      | $192670.08    | 0.11%             | 2024-06-26      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING, LLC                   | CHARTER COMMUNICATIONS OPERATING LLC / CHARTER COM 5.750000% 04/01/2048           | CUSIP: 161175BN3<br>LEI: 549300TPZNMN50BJ3745 | Long             | DBT              | CORP              | US        |     90000 | PA      | $77426.35     | 0.05%             | 2048-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CANADIAN DOLLAR                                         | FX Forward Contract: CAD/USD SETTLE 2023-01-18                                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | CA        |         1 | NC      | $24864.13     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS INC.                             | VERIZON COMMUNICATIONS INC 4.000000% 03/22/2050                                   | CUSIP: 92343VFD1<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     30000 | PA      | $24138.79     | 0.01%             | 2050-03-22      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| THE BANK OF NOVA SCOTIA                                 | BANK OF NOVA SCOTIA/THE 4.588000% 05/04/2037                                      | CUSIP: 06417XAG6<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | NUSS              | CA        |     40000 | PA      | $34491.18     | 0.02%             | 2037-05-04      | Fixed         | 4.59%                 | No            |                  2 | On Loan: No      |
| Pepsico, Inc.                                           | PEPSICO INC 1.625000% 05/01/2030                                                  | CUSIP: 713448EZ7<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |     20000 | PA      | $16527.66     | 0.01%             | 2030-05-01      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| WORKDAY, INC.                                           | WORKDAY INC 3.500000% 04/01/2027                                                  | CUSIP: 98138HAG6<br>LEI: 549300J0DYC0N31V7G13 | Long             | DBT              | CORP              | US        |    185000 | PA      | $174891.40    | 0.10%             | 2027-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC POOL FR RA4175                                                        | CUSIP: 3133KKT82<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     70257 | PA      | $60925.19     | 0.04%             | 2050-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                      | ENERGY TRANSFER LP 7.125000% MATURITY: PERPETUAL                                  | CUSIP: 29273VAM2<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     50000 | PA      | $42000.00     | 0.02%             | 2171-05-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES PARTNERS LP                             | TARGA RESOURCES PARTNERS LP / TARGA RESOURCES PART 5.500000% 03/01/2030           | CUSIP: 87612BBQ4<br>LEI: 6OQWTZ1SPC04IFT4T704 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19122.00     | 0.01%             | 2030-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| STELLANTIS FINANCE US INC.                              | STELLANTIS FINANCE US INC 144A 5.625000% 01/12/2028                               | CUSIP: 85855CAD2<br>LEI: 549300QZ0AI8Q7LNON33 | Long             | DBT              | CORP              | US        |    265000 | PA      | $263962.16    | 0.16%             | 2028-01-12      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| SkyMiles IP Ltd.                                        | DELTA AIR LINES INC / SKYMILES IP LTD 144A 4.500000% 10/20/2025                   | CUSIP: 830867AA5<br>LEI: 2549008L7P4I8VB90936 | Long             | DBT              | NUSS              | US        |     30000 | PA      | $29226.09     | 0.02%             | 2025-10-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PHOENIX GUARANTOR INC.                                  | PHOENIX GUARANTOR INC. 3/5/2026                                                   | CUSIP: 71913BAE2<br>LEI: N/A                  | Long             | LON              |  | US        |     58058 | PA      | $55082.77     | 0.03%             | 2026-03-05      | Floating      | 7.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FS0349                                                         | CUSIP: 3140XFL74<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     94567 | PA      | $78448.47     | 0.05%             | 2052-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2              | GINNIE MAE II POOL G2 MA2894                                                      | CUSIP: 36179RGB9<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    261173 | PA      | $262811.37    | 0.16%             | 2045-06-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY             | MASSACHUSETTS MUTUAL LIFE INSURANCE CO 144A 3.375000% 04/15/2050                  | CUSIP: 575767AQ1<br>LEI: R6ZXK5P01NP6HXSY1S07 | Long             | DBT              | CORP              | US        |    144000 | PA      | $101054.40    | 0.06%             | 2050-04-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FM6134                                                         | CUSIP: 3140X9Y82<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     53294 | PA      | $49852.19     | 0.03%             | 2040-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PHILLIPS 66 COMPANY                                     | PHILLIPS 66 CO 144A 3.550000% 10/01/2026                                          | CUSIP: 718547AE2<br>LEI: RVJMT2IZVVSKIRJJBH76 | Long             | DBT              | CORP              | US        |    232000 | PA      | $218916.08    | 0.13%             | 2026-10-01      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| UBS COMMERCIAL MORTGAGE TRUST                           | UBS COMMERCIAL MORTGAGE TRUST 2018-C13 UBSCM 2018-C13 ASB                         | CUSIP: 90353KAW9<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    532000 | PA      | $510929.71    | 0.30%             | 2051-10-15      | Fixed         | 4.24%                 | No            |                  2 | On Loan: No      |
| COSTCO WHOLESALE CORPORATION                            | COSTCO WHOLESALE CORP 1.600000% 04/20/2030                                        | CUSIP: 22160KAP0<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | DBT              | CORP              | US        |     40000 | PA      | $33054.31     | 0.02%             | 2030-04-20      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| PG&E WILDFIRE RECOVERY FUNDING LLC                      | PG&E WILDFIRE RECOVERY FUNDING LLC 4.722000% 06/01/2037                           | CUSIP: 693342AG2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    456000 | PA      | $442702.11    | 0.26%             | 2037-06-01      | Fixed         | 4.72%                 | No            |                  2 | On Loan: No      |
| AETNA INC.                                              | AETNA INC 2.800000% 06/15/2023                                                    | CUSIP: 00817YAV0<br>LEI: 549300QKBENKLBXQ8968 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9878.91      | 0.01%             | 2023-06-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| EVERBANK MORTGAGE LOAN TRUST                            | EVERBANK MORTGAGE LOAN TRUST 18-1 EVER 2018-1 A22                                 | CUSIP: 29978CAX8<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |     37392 | PA      | $32723.69     | 0.02%             | 2048-02-25      | Floating      | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FM6184                                                         | CUSIP: 3140X92S3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     78747 | PA      | $65952.18     | 0.04%             | 2051-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED EDISON COMPANY OF NEW YORK, INC.           | CONSOLIDATED EDISON CO OF NEW YORK INC 3.950000% 04/01/2050                       | CUSIP: 209111FY4<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |     20000 | PA      | $16303.02     | 0.01%             | 2050-04-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| United States of America                                | US TREASURY N/B 1.125000% 01/15/2025                                              | CUSIP: 91282CDS7<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |   1980000 | PA      | $1852305.46   | 1.10%             | 2025-01-15      | Fixed         | 1.12%                 | No            |                  1 | On Loan: No      |
| PETROBRAS GLOBAL FINANCE B.V.                           | PETROBRAS GLOBAL FINANCE BV 6.850000% 06/05/2115                                  | CUSIP: 71647NAN9<br>LEI: 549300FNENFFSMO3GT38 | Long             | DBT              | NUSS              | BR        |     50000 | PA      | $41365.98     | 0.02%             | 2115-06-05      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| EXXON MOBIL CORPORATION                                 | EXXON MOBIL CORP 3.043000% 03/01/2026                                             | CUSIP: 30231GAT9<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | DBT              | CORP              | US        |     40000 | PA      | $38308.63     | 0.02%             | 2026-03-01      | Fixed         | 3.04%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                          | MORGAN STANLEY MTN 3.125000% 07/27/2026                                           | CUSIP: 61761J3R8<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    450000 | PA      | $422090.88    | 0.25%             | 2026-07-27      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN AT5860                                                         | CUSIP: 3138WTQN9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    177801 | PA      | $167521.73    | 0.10%             | 2043-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ZIGGO FINANCING PARTNERSHIP                             | ZIGGO FINANCING PARTNERSHIP 4/30/2028                                             | CUSIP: N9833RAJ8<br>LEI: N/A                  | Long             | LON              |  | US        |     80250 | PA      | $77586.50     | 0.05%             | 2028-04-30      | Floating      | 6.37%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE OR FREDDIE MAC 30YR TBA (FEBRUARY)                                     | CUSIP: 01F060626<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    100000 | PA      | $102026.77    | 0.06%             | 2053-02-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| AerCap Ireland Capital Designated Activity Company      | AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATIO 3.000000% 10/29/2028           | CUSIP: 00774MAW5<br>LEI: 549300TI38531ODB1G63 | Long             | DBT              | NUSS              | IE        |    267000 | PA      | $225585.47    | 0.13%             | 2028-10-29      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC.                                           | BROADCOM INC 144A 4.926000% 05/15/2037                                            | CUSIP: 11135FBV2<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |     20000 | PA      | $17549.86     | 0.01%             | 2037-05-15      | Fixed         | 4.93%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA, INC.                                      | T-MOBILE USA INC 2.625000% 02/15/2029                                             | CUSIP: 87264ABS3<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |     30000 | PA      | $25537.92     | 0.02%             | 2029-02-15      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC POOL FR RA5731                                                        | CUSIP: 3133KMLL7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     90468 | PA      | $74704.64     | 0.04%             | 2051-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| United States of America                                | US TREASURY N/B 1.375000% 08/15/2050                                              | CUSIP: 912810SP4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    860000 | PA      | $495978.13    | 0.29%             | 2050-08-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| United States of America                                | US TREASURY N/B 1.875000% 02/15/2051                                              | CUSIP: 912810SU3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3960000 | PA      | $2611125.00   | 1.55%             | 2051-02-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| EXXON MOBIL CORPORATION                                 | EXXON MOBIL CORP 4.327000% 03/19/2050                                             | CUSIP: 30231GBG6<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | DBT              | CORP              | US        |     30000 | PA      | $27037.95     | 0.02%             | 2050-03-19      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| N/A                                                     | FEDERAL NATIONAL MORTGAGE ASSOCIATION POOL #10YR                                  | CUSIP: ZZZ178901<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    100000 | PA      | $102082.03    | 0.06%             | 2024-01-01      | Fixed         | 4.72%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2022-139 AL                          | CUSIP: 38383M3M8<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    100000 | PA      | $94381.21     | 0.06%             | 2051-07-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2020-123 NI                          | CUSIP: 38382HM98<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |     81329 | PA      | $11136.01     | 0.01%             | 2050-08-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| HARBOR FREIGHT TOOLS USA, INC.                          | HARBOR FREIGHT TOOLS USA, INC. 19-Oct-2027                                        | CUSIP: 41151PAP0<br>LEI: N/A                  | Long             | LON              |  | US        |     39400 | PA      | $37339.77     | 0.02%             | 2027-10-19      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| AT&T INC.                                               | AT&T INC 1.650000% 02/01/2028                                                     | CUSIP: 00206RKG6<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     60000 | PA      | $51507.91     | 0.03%             | 2028-02-01      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| MASTERCARD INCORPORATED.                                | MASTERCARD INC 3.850000% 03/26/2050                                               | CUSIP: 57636QAQ7<br>LEI: AR5L2ODV9HN37376R084 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8723.65      | 0.01%             | 2050-03-26      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC GOLD POOL FG Q36815                                                   | CUSIP: 3132QTSD9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     84949 | PA      | $82662.67     | 0.05%             | 2045-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association 2              | GINNIE MAE II POOL G2 MA5652                                                      | CUSIP: 36179UH54<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |      9615 | PA      | $9540.30      | 0.01%             | 2048-12-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE OR FREDDIE MAC 30YR TBA (JANUARY)                                      | CUSIP: 01F022618<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |   1900000 | PA      | $1626652.36   | 0.96%             | 2053-01-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                 | MPLX LP 4.875000% 06/01/2025                                                      | CUSIP: 55336VAJ9<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |    110000 | PA      | $108525.59    | 0.06%             | 2025-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| THE COCA-COLA COMPANY                                   | COCA-COLA CO/THE 2.600000% 06/01/2050                                             | CUSIP: 191216CX6<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |     20000 | PA      | $13745.50     | 0.01%             | 2050-06-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| DENVER COLO CITY & CNTY ARPT REV                        | DENVER CITY & CNTY CO ARPT REV CITY & COUNTY OF DENVER CO AIRPORT SYSTEM REVENUE  | CUSIP: 249182PP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    190000 | PA      | $164439.05    | 0.10%             | 2027-11-15      | Fixed         | 1.72%                 | No            |                  2 | On Loan: No      |
| DISH DBS Corporation                                    | DISH DBS CORP 144A 5.250000% 12/01/2026                                           | CUSIP: 25470XBE4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     40000 | PA      | $34340.00     | 0.02%             | 2026-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC COMPANY                        | PACIFIC GAS AND ELECTRIC CO 4.950000% 06/08/2025                                  | CUSIP: 694308KE6<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     40000 | PA      | $39257.89     | 0.02%             | 2025-06-08      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| LINCOLN NATIONAL CORPORATION                            | LINCOLN NATIONAL CORP 3.400000% 01/15/2031                                        | CUSIP: 534187BK4<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | DBT              | CORP              | US        |    209000 | PA      | $173247.81    | 0.10%             | 2031-01-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| NAVIENT PRIVATE EDUCATION LOAN TRUST                    | NAVIENT PRIVATE EDUCATION REFI LOAN TRUST 2020-D NAVSL 2020-DA A                  | CUSIP: 63941HAA0<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    162906 | PA      | $145848.44    | 0.09%             | 2069-05-15      | Fixed         | 1.69%                 | No            |                  2 | On Loan: No      |
| LOWE'S COMPANIES, INC.                                  | LOWE'S COS INC 5.000000% 04/15/2040                                               | CUSIP: 548661DV6<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |     53000 | PA      | $49936.82     | 0.03%             | 2040-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OAK STREET INVESTMENT GRADE NET LEASE FUND LLC.         | OAK STREET INVESTMENT GRADE NET LEASE FUND SERIES OAKIG 2021-1A A2                | CUSIP: 67190AAB2<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    448433 | PA      | $379232.94    | 0.22%             | 2051-01-20      | Fixed         | 1.93%                 | Yes           |                  2 | On Loan: No      |
| NEW RESIDENTIAL MORTGAGE LOAN TRUST                     | NEW RESIDENTIAL MORTGAGE LOAN TRUST 2017-3 NRZT 2017-3A A1                        | CUSIP: 64828MAA5<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    122246 | PA      | $115899.06    | 0.07%             | 2057-04-25      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| LENNAR CORPORATION                                      | LENNAR CORP 4.750000% 11/29/2027                                                  | CUSIP: 526057CD4<br>LEI: 529900G61XVRLX5TJX09 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19144.76     | 0.01%             | 2027-11-29      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| PENSKE TRUCK LEASING CO., L.P.                          | PENSKE TRUCK LEASING CO LP / PTL FINANCE CORP 144A 3.900000% 02/01/2024           | CUSIP: 709599BB9<br>LEI: 549300ZX07JYMI8GHQ39 | Long             | DBT              | CORP              | US        |    457000 | PA      | $447037.12    | 0.27%             | 2024-02-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| PEACHTREE CORNERS FUNDING TRUST                         | PEACHTREE CORNERS FUNDING TRUST 144A 3.976000% 02/15/2025                         | CUSIP: 70466WAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    225000 | PA      | $218091.47    | 0.13%             | 2025-02-15      | Fixed         | 3.98%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERATING, LP                         | WESTERN MIDSTREAM OPERATING LP 4.500000% 03/01/2028                               | CUSIP: 958254AH7<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9275.00      | 0.01%             | 2028-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BRK- MORGAN STANLEY                                     | BRK- MORGAN STANLEY PAY- 2.6% FIXED                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | XX        |    569000 | NC      | $58452.68     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH INBEV WORLDWIDE INC.                     | ANHEUSER-BUSCH INBEV WORLDWIDE INC 4.000000% 04/13/2028                           | CUSIP: 035240AL4<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | BE        |     20000 | PA      | $19359.74     | 0.01%             | 2028-04-13      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FM8786                                                         | CUSIP: 3140XCXQ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     90415 | PA      | $78021.38     | 0.05%             | 2051-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE OR FREDDIE MAC 30YR TBA (FEBRUARY)                                     | CUSIP: 01F042624<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    300000 | PA      | $291937.50    | 0.17%             | 2053-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM, INC.                                        | AMAZON.COM INC 4.950000% 12/05/2044                                               | CUSIP: 023135AQ9<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |     30000 | PA      | $30376.35     | 0.02%             | 2044-12-05      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS COMPANY                                | AMERICAN EXPRESS CO 4.050000% 05/03/2029                                          | CUSIP: 025816CW7<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |     70000 | PA      | $66786.49     | 0.04%             | 2029-05-03      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| COMCAST CORPORATION                                     | COMCAST CORP 2.887000% 11/01/2051                                                 | CUSIP: 20030NDS7<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    224000 | PA      | $149428.35    | 0.09%             | 2051-11-01      | Fixed         | 2.89%                 | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING, LLC                   | CHARTER COMMUNICATIONS OPERATING LLC / CHARTER COM 4.800000% 03/01/2050           | CUSIP: 161175BT0<br>LEI: 549300TPZNMN50BJ3745 | Long             | DBT              | CORP              | US        |     30000 | PA      | $22508.95     | 0.01%             | 2050-03-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| THE HOME DEPOT, INC.                                    | HOME DEPOT INC/THE 2.500000% 04/15/2027                                           | CUSIP: 437076CA8<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |     30000 | PA      | $27823.63     | 0.02%             | 2027-04-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC GOLD POOL FG Q45819                                                   | CUSIP: 3132WKPD4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     46807 | PA      | $42320.49     | 0.03%             | 2047-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE SA                                      | CREDIT AGRICOLE SA 144A 8.125000% MATURITY: PERPETUAL                             | CUSIP: 225313AJ4<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | NUSS              | FR        |    260000 | PA      | $264136.60    | 0.16%             | 2171-03-23      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM CORPORATION                        | OCCIDENTAL PETROLEUM CORP 7.875000% 09/15/2031                                    | CUSIP: 674599DE2<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     10000 | PA      | $10950.00     | 0.01%             | 2031-09-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                          | MORGAN STANLEY MTN 3.622000% 04/01/2031                                           | CUSIP: 6174468P7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    244000 | PA      | $217442.54    | 0.13%             | 2031-04-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| CIGNA CORPORATION                                       | CIGNA CORP 4.375000% 10/15/2028                                                   | CUSIP: 125523AH3<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |    170000 | PA      | $165686.10    | 0.10%             | 2028-10-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| United States of America                                | US TREASURY N/B 2.375000% 02/15/2042                                              | CUSIP: 912810TF5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    626000 | PA      | $486983.99    | 0.29%             | 2042-02-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC POOL FR SD7552                                                        | CUSIP: 3132DVL94<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |     94238 | PA      | $81326.11     | 0.05%             | 2052-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| United States of America                                | TREASURY BILL 0.000000% 02/28/2023                                                | CUSIP: 912796Y78<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    540000 | PA      | $534426.37    | 0.32%             | 2023-02-28      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CHENIERE ENERGY, INC.                                   | CHENIERE ENERGY INC 4.625000% 10/15/2028                                          | CUSIP: 16411RAK5<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18457.60     | 0.01%             | 2028-10-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Mitsubishi UFJ Financial Group, Inc.                    | MITSUBISHI UFJ FINANCIAL GROUP INC 3.837000% 04/17/2026                           | CUSIP: 606822CF9<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | NUSS              | JP        |    200000 | PA      | $192399.99    | 0.11%             | 2026-04-17      | Fixed         | 3.84%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                             | FREDDIE MAC POOL FR RA3205                                                        | CUSIP: 3133KJR20<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGA              | US        |    364751 | PA      | $303112.42    | 0.18%             | 2050-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| United States of America                                | TREASURY BILL 0.000000% 06/01/2023                                                | CUSIP: 912796ZG7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    240000 | PA      | $234501.37    | 0.14%             | 2023-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC COMPANY                        | PACIFIC GAS AND ELECTRIC CO 5.450000% 06/15/2027                                  | CUSIP: 694308KF3<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97464.00     | 0.06%             | 2027-06-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| CSMC TRUST                                              | CSMC 2017-TIME CSMC 2017-TIME A                                                   | CUSIP: 12652XAA1<br>LEI: N/A                  | Long             | ABS-MBS          |  | US        |    100000 | PA      | $85147.17     | 0.05%             | 2039-11-13      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN CA2482                                                         | CUSIP: 3140Q9XL2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     23592 | PA      | $23498.31     | 0.01%             | 2048-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FM4116                                                         | CUSIP: 3140X7SE0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |     88052 | PA      | $87253.53     | 0.05%             | 2049-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TOLL BROTHERS FINANCE CORP.                             | TOLL BROTHERS FINANCE CORP 4.375000% 04/15/2023                                   | CUSIP: 88947EAN0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     20000 | PA      | $19894.09     | 0.01%             | 2023-04-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                   | FANNIE MAE POOL FN FM7785                                                         | CUSIP: 3140XBUK4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGA              | US        |    151047 | PA      | $145252.99    | 0.09%             | 2049-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CIGNA CORPORATION                                       | CIGNA CORP 4.125000% 11/15/2025                                                   | CUSIP: 125523AG5<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |    327000 | PA      | $321631.09    | 0.19%             | 2025-11-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC.                                           | BROADCOM INC 144A 1.950000% 02/15/2028                                            | CUSIP: 11135FBE0<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    139000 | PA      | $117483.49    | 0.07%             | 2028-02-15      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| United States of America                                | US TREASURY N/B 1.875000% 11/15/2051                                              | CUSIP: 912810TB4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    572000 | PA      | $376157.03    | 0.22%             | 2051-11-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2022-11-30

**Name of Applicant:** SEI CATHOLIC VALUES TRUST

**Signature:** Ankit Puri

**Name of Signer:** Ankit Puri

**Title:** CFO