# EDGAR Filing Document

**Accession Number:** 0001378872
**File Stem:** 0001378872-25-000319
**Filing Date:** 2025-10
**Character Count:** 129958
**Document Hash:** 064f108c54dbe4d7b37f05220824bda3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001378872-25-000319.hdr.sgml**: 20251028

**ACCESSION NUMBER**: 0001378872-25-000319

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250831

**FILED AS OF DATE**: 20251028

**DATE AS OF CHANGE**: 20251028

**PERIOD START**: 20250831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Invesco Exchange-Traded Fund Trust II
- **CENTRAL INDEX KEY:** 0001378872

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21977
- **FILM NUMBER:** 251422027

**BUSINESS ADDRESS:**
- **STREET 1:** 3500 LACEY ROAD
- **STREET 2:** SUITE 700
- **CITY:** DOWNERS GROVE
- **STATE:** IL
- **ZIP:** 60515
- **BUSINESS PHONE:** 800-983-0903

**MAIL ADDRESS:**
- **STREET 1:** 3500 LACEY ROAD
- **STREET 2:** SUITE 700
- **CITY:** DOWNERS GROVE
- **STATE:** IL
- **ZIP:** 60515

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PowerShares Exchange-Traded Fund Trust II
- **DATE OF NAME CHANGE:** 20070919

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PowerShares Global Exchange-Traded Fund Trust
- **DATE OF NAME CHANGE:** 20061023

## Series and Classes Contracts Data

### Invesco Variable Rate Preferred ETF (Series ID: S000045020)

| Class ID   | Class Name                          | Ticker Symbol   |
|:---|:---|:---|
| C000139641 | Invesco Variable Rate Preferred ETF | VRP             |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Invesco Exchange-Traded Fund Trust II

- **b. Investment Company Act file number:** 811-21977

- **c. CIK number of Registrant:** 0001378872

- **d. LEI of Registrant:** O540V2L4S174Y60FMD36

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

  - **Street Address 1:** 3500 Lacey Road

  - **City:** Downers Grove

  - **State:** IL

  - **Foreign country:** US

  - **Zip / Postal Code:** 60515

  - **Telephone number:** 800-983-0903

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

- **a. Name of Series:** Invesco Variable Rate Preferred ETF

- **b. EDGAR series identifier (if any):** S000045020

- **c. LEI of Series:** 549300INXEJOUVOV7Z07

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $2401793672.14

**Total Liabilities:** $222313863.07

**Net Assets:** $2179479809.07

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -7204.40157125 | **1-Year:** -82698.56091239 | **5-Year:** -179528.99786695 | **10-Year:** -209177.52488827 | **30-Year:** -277458.49884373

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

- **3-Month:** -13.09418430 | **1-Year:** -318.51806129 | **5-Year:** -1366.60743773 | **10-Year:** -5253.80190390 | **30-Year:** -6117.81406404

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000139641 | 1.49%                | 0.66%                | 0.86%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-514418.53              | $23293657.13                               |
| Month 2  | $-497252.03              | $4429371.67                                |
| Month 3  | $-2205637.77             | $11653472.97                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CHS Inc.                                                  | CHS Inc., Series 3, Pfd.                                  | CUSIP: 12542R704<br>LEI: XEIEFTLYDQ1MZ6TZV015 | Long             | EP               | CORP              | US        |    170715 | NS      | $4196174.70   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Fifth Third Bancorp                                       | Fifth Third Bancorp, Series H                             | CUSIP: 316773CM0<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | DBT              | CORP              | US        |   5196000 | PA      | $5192927.09   | 0.24%             | N/A             | Variable      | 7.59%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                           | Goldman Sachs Group, Inc. (The), Series C, Pfd.           | CUSIP: 38144X609<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EP               | CORP              | US        |     69202 | NS      | $1484382.90   | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| Valley National Bancorp                                   | Valley National Bancorp, Series C, Pfd.                   | CUSIP: 919794404<br>LEI: 549300ET52S1UBIB9762 | Long             | EP               | CORP              | US        |     52032 | NS      | $1336702.08   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Reinsurance Group of America, Inc.                        | Reinsurance Group of America, Inc., Pfd.                  | CUSIP: 759351885<br>LEI: LORM1GNEU1DKEW527V90 | Long             | EP               | CORP              | US        |    242603 | NS      | $6200932.68   | 0.28%             |  |  |  | No            |                  1 | On Loan: —       |
| Kemper Corp.                                              | Kemper Corp., Pfd.                                        | CUSIP: 488401308<br>LEI: 549300FNI1JKTRY2PV09 | Long             | EP               | CORP              | US        |     51951 | NS      | $1229680.17   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Mellon Capital IV                                         | Mellon Capital IV, Series 1                               | CUSIP: 58551TAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4371000 | PA      | $3788003.45   | 0.17%             | N/A             | Variable      | 5.15%                 | No            |                  2 | On Loan: —       |
| Goldman Sachs Group, Inc. (The)                           | Goldman Sachs Group, Inc. (The), Series S                 | CUSIP: 38144GAC5<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   3029000 | PA      | $3043281.74   | 0.14%             | N/A             | Variable      | 7.19%                 | No            |                  2 | On Loan: —       |
| American National Group Inc.                              | American National Group Inc., Series B, Pfd.              | CUSIP: 025676867<br>LEI: 549300RK5RZQ740FPL83 | Long             | EP               | CORP              | US        |    104001 | NS      | $2611465.11   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co.                                      | JPMorgan Chase & Co., Series CC                           | CUSIP: 48128BAD3<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |  10625000 | PA      | $10722845.63  | 0.49%             | N/A             | Variable      | 7.14%                 | No            |                  2 | On Loan: —       |
| Tennessee Valley Authority                                | Tennessee Valley Authority, Series D, Pfd.                | CUSIP: 880591300<br>LEI: 549300HE1ISW43LNKM54 | Long             | EP               | USGA              | US        |     88882 | NS      | $2103836.94   | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| Energy Transfer L.P.                                      | Energy Transfer L.P.                                      | CUSIP: 29273RBA6<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   4726000 | PA      | $4720844.41   | 0.22%             | 2066-11-01      | Floating      | 7.58%                 | No            |                  2 | On Loan: —       |
| Adamas Trust, Inc.                                        | Adamas Trust, Inc., Series D, Pfd.                        | CUSIP: 649604881<br>LEI: 549300JFGR0M7ULHWG48 | Long             | EP               | CORP              | US        |     53283 | NS      | $1151978.46   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of New York Mellon Corp. (The)                       | Bank of New York Mellon Corp. (The), Series G             | CUSIP: 064058AH3<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |   8669000 | PA      | $8672547.35   | 0.40%             | N/A             | Variable      | 4.70%                 | No            |                  2 | On Loan: No      |
| Rithm Capital Corp.                                       | Rithm Capital Corp., Series D, Pfd.                       | CUSIP: 64828T706<br>LEI: 549300WNTHGEO5LP2G31 | Long             | EP               | CORP              | US        |    161127 | NS      | $3933110.07   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| AES Corp. (The)                                           | AES Corp. (The)                                           | CUSIP: 00130HCL7<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | DBT              | CORP              | US        |   4324000 | PA      | $4194212.55   | 0.19%             | 2055-07-15      | Variable      | 6.95%                 | No            |                  2 | On Loan: No      |
| Merchants Bancorp                                         | Merchants Bancorp, Pfd.                                   | CUSIP: 58844R884<br>LEI: 54930008Y0GPVLF81889 | Long             | EP               | CORP              | US        |     49519 | NS      | $1250849.94   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Evergy, Inc.                                              | Evergy, Inc.                                              | CUSIP: 30034WAE6<br>LEI: 549300PGTHDQY6PSUI61 | Long             | DBT              | CORP              | US        |   4338000 | PA      | $4412251.77   | 0.20%             | 2055-06-01      | Variable      | 6.65%                 | No            |                  2 | On Loan: No      |
| Enbridge Inc.                                             | Enbridge Inc.                                             | CUSIP: 29250NBT1<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |  10843000 | PA      | $12292860.90  | 0.56%             | 2084-01-15      | Variable      | 8.50%                 | No            |                  2 | On Loan: —       |
| Energy Transfer L.P.                                      | Energy Transfer L.P., Series B                            | CUSIP: 29273VAJ9<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   4776000 | PA      | $4757036.89   | 0.22%             | N/A             | Variable      | 6.62%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings, Inc.                     | NextEra Energy Capital Holdings, Inc.                     | CUSIP: 65339KDB3<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |  10405000 | PA      | $11018988.65  | 0.51%             | 2054-06-15      | Variable      | 6.75%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                     | Bank of America Corp., Series 5, Pfd.                     | CUSIP: 060505583<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EP               | CORP              | US        |    143135 | NS      | $2955737.75   | 0.14%             |  |  |  | No            |                  1 | On Loan: —       |
| Goldman Sachs Group, Inc. (The)                           | Goldman Sachs Group, Inc. (The), Series U                 | CUSIP: 38144GAG6<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   6492000 | PA      | $6345434.66   | 0.29%             | N/A             | Variable      | 3.65%                 | No            |                  2 | On Loan: No      |
| AGNC Investment Corp.                                     | AGNC Investment Corp., Series E, Pfd.                     | CUSIP: 00123Q807<br>LEI: 5TRACI5HRMELWV32OF39 | Long             | EP               | CORP              | US        |    139573 | NS      | $3547945.66   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Two Harbors Investment Corp.                              | Two Harbors Investment Corp., Series B, Pfd.              | CUSIP: 90187B309<br>LEI: 549300ZUIBT6KH4HU823 | Long             | EP               | CORP              | US        |     88024 | NS      | $1977899.28   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Duke Energy Corp.                                         | Duke Energy Corp.                                         | CUSIP: 26441CBP9<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |   4341000 | PA      | $4198040.45   | 0.19%             | 2082-01-15      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| Synovus Financial Corp.                                   | Synovus Financial Corp., Series D, Pfd.                   | CUSIP: 87161C600<br>LEI: 549300EIUS8UN5JTLE54 | Long             | EP               | CORP              | US        |     69301 | NS      | $1753315.30   | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| Goldman Sachs Group, Inc. (The)                           | Goldman Sachs Group, Inc. (The), Series D, Pfd.           | CUSIP: 38144G804<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EP               | CORP              | US        |    467179 | NS      | $9941569.12   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| BP Capital Markets PLC                                    | BP Capital Markets PLC                                    | CUSIP: 05565QDV7<br>LEI: 549300CRVT18MXX0AG93 | Long             | DBT              | CORP              | GB        |  21681000 | PA      | $21532822.29  | 0.99%             | N/A             | Variable      | 4.88%                 | No            |                  2 | On Loan: No      |
| Bank of New York Mellon Corp. (The)                       | Bank of New York Mellon Corp. (The), Series H             | CUSIP: 064058AJ9<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |   5051000 | PA      | $4987289.72   | 0.23%             | N/A             | Variable      | 3.70%                 | No            |                  2 | On Loan: No      |
| Adamas Trust, Inc.                                        | Adamas Trust, Inc., Series E, Pfd.                        | CUSIP: 649604873<br>LEI: 549300JFGR0M7ULHWG48 | Long             | EP               | CORP              | US        |     64351 | NS      | $1594617.78   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Compass Diversified Holdings                              | Compass Diversified Holdings, Series B, Pfd.              | CUSIP: 20451Q302<br>LEI: 5299001SM1LBYANJRR58 | Long             | EP               | CORP              | US        |     65194 | NS      | $1311051.34   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| CMS Energy Corp.                                          | CMS Energy Corp.                                          | CUSIP: 125896BU3<br>LEI: 549300IA9XFBAGNIBW29 | Long             | DBT              | CORP              | US        |   4330000 | PA      | $4193308.40   | 0.19%             | 2050-06-01      | Variable      | 4.75%                 | No            |                  2 | On Loan: No      |
| TransCanada Trust                                         | TransCanada Trust                                         | CUSIP: 89356BAE8<br>LEI: 549300Y0MFCAXLBWUV51 | Long             | DBT              | CORP              | CA        |   9531000 | PA      | $9424745.55   | 0.43%             | 2079-09-15      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Capital II                                  | Goldman Sachs Capital II                                  | CUSIP: 381427AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6549000 | PA      | $5548410.05   | 0.25%             | N/A             | Variable      | 5.36%                 | No            |                  2 | On Loan: —       |
| Citigroup Inc.                                            | Citigroup Inc., Series AA                                 | CUSIP: 172967PE5<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |  12992000 | PA      | $13621462.40  | 0.62%             | N/A             | Variable      | 7.62%                 | No            |                  2 | On Loan: No      |
| Stanley Black & Decker, Inc.                              | Stanley Black & Decker, Inc.                              | CUSIP: 854502AM3<br>LEI: 549300DJ09SMTO561131 | Long             | DBT              | CORP              | US        |   6495000 | PA      | $6525610.94   | 0.30%             | 2060-03-15      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Sempra                                                    | Sempra                                                    | CUSIP: 816851BW8<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3025579.83   | 0.14%             | 2056-04-01      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                      | JPMorgan Chase & Co., Series W                            | CUSIP: 48123UAB0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   2939000 | PA      | $2615028.30   | 0.12%             | 2047-05-15      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| AerCap Ireland Capital DAC / AerCap Global Aviation Trust | AerCap Ireland Capital DAC / AerCap Global Aviation Trust | CUSIP: 00774MBK0<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |   6625000 | PA      | $6940196.50   | 0.32%             | 2055-03-10      | Variable      | 6.95%                 | No            |                  2 | On Loan: No      |
| PNC Financial Services Group, Inc. (The)                  | PNC Financial Services Group, Inc. (The), Series U        | CUSIP: 693475BD6<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |   8669000 | PA      | $8748702.79   | 0.40%             | N/A             | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Enbridge Inc.                                             | Enbridge Inc.                                             | CUSIP: 29250NCG8<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |   4331000 | PA      | $4560707.58   | 0.21%             | 2055-03-15      | Variable      | 7.38%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp.                                          | CVS Health Corp.                                          | CUSIP: 126650EH9<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |  19543000 | PA      | $20395231.14  | 0.94%             | 2055-03-10      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| Apollo Global Management, Inc.                            | Apollo Global Management, Inc., Pfd.                      | CUSIP: 03769M205<br>LEI: 254900LMFT1CY9IYB476 | Long             | EP               | CORP              | US        |    207903 | NS      | $5499034.35   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Nationwide Financial Services, Inc.                       | Nationwide Financial Services, Inc.                       | CUSIP: 638612AJ0<br>LEI: 5493001H7AZNDS6BKJ36 | Long             | DBT              | CORP              | US        |   3482000 | PA      | $3495106.25   | 0.16%             | 2037-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| MetLife, Inc.                                             | MetLife, Inc., Series A, Pfd.                             | CUSIP: 59156R504<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | EP               | CORP              | US        |    207903 | NS      | $4956407.52   | 0.23%             |  |  |  | No            |                  1 | On Loan: —       |
| Enbridge Inc.                                             | Enbridge Inc., Series 16-A                                | CUSIP: 29250NAN5<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |   6502000 | PA      | $6531109.45   | 0.30%             | 2077-01-15      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| CMS Energy Corp.                                          | CMS Energy Corp.                                          | CUSIP: 125896BY5<br>LEI: 549300IA9XFBAGNIBW29 | Long             | DBT              | CORP              | US        |   8674000 | PA      | $8869537.98   | 0.41%             | 2055-06-01      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                           | Goldman Sachs Group, Inc. (The)                           | CUSIP: 38141GC28<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |  16747000 | PA      | $17289150.63  | 0.79%             | N/A             | Variable      | 6.85%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                         | Wells Fargo & Co., Series BB                              | CUSIP: 949746TD3<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |  30470000 | PA      | $30195995.48  | 1.39%             | N/A             | Variable      | 3.90%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                           | Goldman Sachs Group, Inc. (The), Series A, Pfd.           | CUSIP: 38143Y665<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EP               | CORP              | US        |    259574 | NS      | $5679479.12   | 0.26%             |  |  |  | No            |                  1 | On Loan: —       |
| Algonquin Power & Utilities Corp.                         | Algonquin Power & Utilities Corp., Series 19-A, Pfd.      | CUSIP: 015857808<br>LEI: 549300K5VIUTJXQL7X75 | Long             | EP               | CORP              | CA        |    121252 | NS      | $3093138.52   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Alliance Bancorporation                           | Western Alliance Bancorporation, Series A, Pfd.           | CUSIP: 957638406<br>LEI: 5493003VJXZ5JXT9S762 | Long             | EP               | CORP              | US        |    104001 | NS      | $2368102.77   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| CoBank, ACB                                               | CoBank, ACB, Series K                                     | CUSIP: 19075QAE2<br>LEI: P0J8I7M2E0A77CKF1705 | Long             | DBT              | CORP              | US        |   3672000 | PA      | $3725141.18   | 0.17%             | N/A             | Variable      | 6.45%                 | No            |                  2 | On Loan: No      |
| Flagstar Financial, Inc.                                  | Flagstar Financial, Inc., Series A., Pfd.                 | CUSIP: 649445202<br>LEI: 529900HVXOTLY61GL030 | Long             | EP               | CORP              | US        |    178477 | NS      | $3858672.74   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| MFA Financial, Inc.                                       | MFA Financial, Inc., Series C, Pfd.                       | CUSIP: 55272X508<br>LEI: YW72IMH2RRC8Z1TGLG58 | Long             | EP               | CORP              | US        |     95276 | NS      | $2325687.16   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Lincoln National Corp.                                    | Lincoln National Corp.                                    | CUSIP: 534187BN8<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | DBT              | CORP              | US        |   4025000 | PA      | $3472581.07   | 0.16%             | 2066-05-17      | Floating      | 6.80%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp.                                          | CVS Health Corp.                                          | CUSIP: 126650EG1<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |   6514000 | PA      | $6619578.91   | 0.30%             | 2054-12-10      | Variable      | 6.75%                 | No            |                  2 | On Loan: No      |
| Wesbanco, Inc.                                            | Wesbanco, Inc., Series A, Pfd.                            | CUSIP: 950810705<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     51991 | NS      | $1305494.01   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| AES Corp. (The)                                           | AES Corp. (The)                                           | CUSIP: 00130HCK9<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | DBT              | CORP              | US        |   8241000 | PA      | $8488444.93   | 0.39%             | 2055-01-15      | Variable      | 7.60%                 | No            |                  2 | On Loan: No      |
| AGNC Investment Corp.                                     | AGNC Investment Corp., Series G, Pfd.                     | CUSIP: 00123Q856<br>LEI: 5TRACI5HRMELWV32OF39 | Long             | EP               | CORP              | US        |     52012 | NS      | $1301340.24   | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Annaly Capital Management, Inc.                           | Annaly Capital Management, Inc., Series I, Pfd.           | CUSIP: 035710847<br>LEI: 2DTL0G3FPRYUT58TI025 | Long             | EP               | CORP              | US        |    153364 | NS      | $3938387.52   | 0.18%             |  |  |  | No            |                  1 | On Loan: —       |
| Huntington Bancshares Inc.                                | Huntington Bancshares Inc., Series G                      | CUSIP: 446150AV6<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |   4340000 | PA      | $4287242.09   | 0.20%             | N/A             | Variable      | 4.45%                 | No            |                  2 | On Loan: No      |
| Enbridge Inc.                                             | Enbridge Inc., Series 20-A, Conv.                         | CUSIP: 29250NBC8<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |   8667000 | PA      | $8684961.49   | 0.40%             | 2080-07-15      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                      | JPMorgan Chase & Co., Series OO                           | CUSIP: 48128AAJ2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |  25333000 | PA      | $26082172.81  | 1.20%             | N/A             | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| NGL Energy Partners L.P.                                  | NGL Energy Partners L.P., Series B, Pfd.                  | CUSIP: 62913M206<br>LEI: 5299005YSRP46BE8Z459 | Long             | EP               | CORP              | US        |    109053 | NS      | $2495132.64   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| KeyCorp                                                   | KeyCorp, Series E, Pfd.                                   | CUSIP: 493267702<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | EP               | CORP              | US        |    173303 | NS      | $4325642.88   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Athene Holding Ltd.                                       | Athene Holding Ltd., Series E, Pfd.                       | CUSIP: 04686J507<br>LEI: 549300H316CT32FQXI76 | Long             | EP               | CORP              | US        |    173300 | NS      | $4486737.00   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Tennessee Valley Authority                                | Tennessee Valley Authority, Series A, Pfd.                | CUSIP: 880591409<br>LEI: 549300HE1ISW43LNKM54 | Long             | EP               | USGA              | US        |     72184 | NS      | $1694880.32   | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| Fifth Third Bancorp                                       | Fifth Third Bancorp, Series I, Pfd.                       | CUSIP: 316773605<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | EP               | CORP              | US        |    156257 | NS      | $3992366.35   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Enbridge Inc.                                             | Enbridge Inc.                                             | CUSIP: 29250NBN4<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |   4332000 | PA      | $4493276.03   | 0.21%             | 2083-01-15      | Variable      | 7.38%                 | No            |                  2 | On Loan: No      |
| National Rural Utilities Cooperative Finance Corp.        | National Rural Utilities Cooperative Finance Corp.        | CUSIP: 637432PB5<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |   3468000 | PA      | $3649848.05   | 0.17%             | 2053-09-15      | Variable      | 7.12%                 | No            |                  2 | On Loan: No      |
| Chimera Investment Corp.                                  | Chimera Investment Corp., Series B, Pfd.                  | CUSIP: 16934Q406<br>LEI: 2JBBQFJOL123LOUBE657 | Long             | EP               | CORP              | US        |    112627 | NS      | $2787518.25   | 0.13%             |  |  |  | No            |                  1 | On Loan: —       |
| Banc of California, Inc.                                  | Banc of California, Inc., Series F, Pfd.                  | CUSIP: 05990K841<br>LEI: 549300ZKWUJDP6LJ1X87 | Long             | EP               | CORP              | US        |    177873 | NS      | $4388126.91   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Co. (The)                                        | Southern Co. (The)                                        | CUSIP: 842587EB9<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |  15612000 | PA      | $16374396.41  | 0.75%             | 2055-03-15      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| MetLife, Inc.                                             | MetLife, Inc., Series D                                   | CUSIP: 59156RBT4<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |   4332000 | PA      | $4410950.70   | 0.20%             | N/A             | Variable      | 5.88%                 | No            |                  2 | On Loan: —       |
| JPMorgan Chase & Co.                                      | JPMorgan Chase & Co., Series II                           | CUSIP: 48128BAH4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |  12666000 | PA      | $12743769.24  | 0.58%             | N/A             | Variable      | 7.04%                 | No            |                  2 | On Loan: No      |
| Edison International                                      | Edison International, Series A                            | CUSIP: 281020AS6<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |  10051000 | PA      | $9785147.03   | 0.45%             | N/A             | Variable      | 5.38%                 | No            |                  2 | On Loan: No      |
| TransCanada Pipelines Ltd.                                | TransCanada Pipelines Ltd.                                | CUSIP: 89352HAC3<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | DBT              | CORP              | CA        |   8672000 | PA      | $7988095.29   | 0.37%             | 2067-05-15      | Variable      | 6.68%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                           | Goldman Sachs Group, Inc. (The), Series Q                 | CUSIP: 38148BAE8<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   4313000 | PA      | $4342621.68   | 0.20%             | N/A             | Variable      | 7.38%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                            | Citigroup Inc., Series Y                                  | CUSIP: 172967NB3<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   8657000 | PA      | $8471002.62   | 0.39%             | N/A             | Variable      | 4.15%                 | No            |                  2 | On Loan: —       |
| SiriusPoint Ltd.                                          | SiriusPoint Ltd., Series B, Pfd.                          | CUSIP: EP0598912<br>LEI: 549300OGXFI85N3YZZ51 | Long             | EP               | CORP              | BM        |     69301 | NS      | $1750543.26   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| MetLife, Inc.                                             | MetLife, Inc., Series G                                   | CUSIP: 59156RCA4<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |   8668000 | PA      | $8651660.82   | 0.40%             | N/A             | Variable      | 3.85%                 | No            |                  2 | On Loan: No      |
| Charles Schwab Corp. (The)                                | Charles Schwab Corp. (The), Series F                      | CUSIP: 808513AR6<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |   4231000 | PA      | $4112788.40   | 0.19%             | N/A             | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| BP Capital Markets PLC                                    | BP Capital Markets PLC                                    | CUSIP: 05565QDW5<br>LEI: 549300CRVT18MXX0AG93 | Long             | DBT              | CORP              | GB        |  11270000 | PA      | $11877114.90  | 0.54%             | N/A             | Variable      | 6.45%                 | No            |                  2 | On Loan: —       |
| PartnerRe Finance B LLC                                   | PartnerRe Finance B LLC                                   | CUSIP: 70213BAC5<br>LEI: 549300O0FAGHK2F79881 | Long             | DBT              | CORP              | US        |   4328000 | PA      | $4057442.00   | 0.19%             | 2050-10-01      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| Truist Financial Corp.                                    | Truist Financial Corp., Series I, Pfd.                    | CUSIP: 89832Q810<br>LEI: 549300DRQQI75D2JP341 | Long             | EP               | CORP              | US        |     59817 | NS      | $1248380.79   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Vodafone Group PLC                                        | Vodafone Group PLC                                        | CUSIP: 92857WBX7<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |   8240000 | PA      | $6401545.42   | 0.29%             | 2081-06-04      | Variable      | 5.12%                 | No            |                  2 | On Loan: No      |
| Prudential Financial, Inc.                                | Prudential Financial, Inc.                                | CUSIP: 744320BL5<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |   4351000 | PA      | $4603009.92   | 0.21%             | 2053-03-01      | Variable      | 6.75%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                           | Goldman Sachs Group, Inc. (The), Series V                 | CUSIP: 38141GYU2<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   6494000 | PA      | $6318162.61   | 0.29%             | N/A             | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| TELUS Corp.                                               | TELUS Corp.                                               | CUSIP: 87971MCM3<br>LEI: 894500WE70KKZRQMBU11 | Long             | DBT              | CORP              | CA        |   6828000 | PA      | $7023833.87   | 0.32%             | 2055-10-15      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| Prudential Financial, Inc.                                | Prudential Financial, Inc.                                | CUSIP: 744320BF8<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |   8671000 | PA      | $8815875.07   | 0.40%             | 2048-09-15      | Variable      | 5.70%                 | No            |                  2 | On Loan: No      |
| Granite Point Mortgage Trust Inc.                         | Granite Point Mortgage Trust Inc., Series A, Pfd.         | CUSIP: 38741L305<br>LEI: 529900VX2HQZ76AYIE02 | Long             | EP               | CORP              | US        |     71280 | NS      | $1438430.40   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Truist Financial Corp.                                    | Truist Financial Corp., Series N                          | CUSIP: 89832QAD1<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |  14739000 | PA      | $14774360.33  | 0.68%             | N/A             | Variable      | 6.67%                 | No            |                  2 | On Loan: No      |
| Energy Transfer L.P.                                      | Energy Transfer L.P.                                      | CUSIP: 29273VBG4<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |  10100000 | PA      | $10059417.59  | 0.46%             | 2056-02-15      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| DENTSPLY SIRONA Inc.                                      | DENTSPLY SIRONA Inc.                                      | CUSIP: 24906PAB5<br>LEI: 9NHEHR1SOZCYXDO8HO28 | Long             | DBT              | CORP              | US        |   4765000 | PA      | $4862186.94   | 0.22%             | 2055-09-12      | Variable      | 8.38%                 | No            |                  2 | On Loan: No      |
| Rogers Communications Inc.                                | Rogers Communications Inc.                                | CUSIP: 775109DG3<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |   9538000 | PA      | $9807734.64   | 0.45%             | 2055-04-15      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| Enbridge Inc.                                             | Enbridge Inc., Series NC5                                 | CUSIP: 29250NBS3<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |   6504000 | PA      | $6944184.22   | 0.32%             | 2084-01-15      | Variable      | 8.25%                 | No            |                  2 | On Loan: No      |
| Paramount Global                                          | Paramount Global                                          | CUSIP: 92553PBC5<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |   5633000 | PA      | $5487503.61   | 0.25%             | 2057-02-28      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                     | Bank of America Corp.                                     | CUSIP: 06055HAH6<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |  25974000 | PA      | $26805375.79  | 1.23%             | N/A             | Variable      | 6.62%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                            | Citigroup Inc., Series DD                                 | CUSIP: 172967PM7<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |  12984000 | PA      | $13660375.51  | 0.63%             | N/A             | Variable      | 7.00%                 | No            |                  2 | On Loan: —       |
| Corebridge Financial, Inc.                                | Corebridge Financial, Inc.                                | CUSIP: 21871XAT6<br>LEI: 549300XY1661QCIA7J65 | Long             | DBT              | CORP              | US        |   6488000 | PA      | $6583529.31   | 0.30%             | 2054-09-15      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| Enbridge Inc.                                             | Enbridge Inc.                                             | CUSIP: 29250NBP9<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |   5197000 | PA      | $5560613.30   | 0.26%             | 2083-01-15      | Variable      | 7.62%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings, Inc.                     | NextEra Energy Capital Holdings, Inc.                     | CUSIP: 65339KBK5<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |   4328000 | PA      | $4326787.73   | 0.20%             | 2079-05-01      | Variable      | 5.65%                 | No            |                  2 | On Loan: No      |
| BP Capital Markets PLC                                    | BP Capital Markets PLC                                    | CUSIP: 05565QDX3<br>LEI: 549300CRVT18MXX0AG93 | Long             | DBT              | CORP              | GB        |  10834000 | PA      | $11072759.69  | 0.51%             | N/A             | Variable      | 6.12%                 | No            |                  2 | On Loan: No      |
| Regions Financial Corp.                                   | Regions Financial Corp., Pfd.                             | CUSIP: 7591EP860<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EP               | CORP              | US        |    173302 | NS      | $4452128.38   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Athene Holding Ltd.                                       | Athene Holding Ltd., Series A, Pfd.                       | CUSIP: 04686J861<br>LEI: 549300H316CT32FQXI76 | Long             | EP               | CORP              | US        |    298966 | NS      | $7435284.42   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc.                                            | Citigroup Inc., Series X                                  | CUSIP: 172967MV0<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |  19917000 | PA      | $19709504.69  | 0.90%             | N/A             | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| Algonquin Power & Utilities Corp.                         | Algonquin Power & Utilities Corp.                         | CUSIP: 015857AH8<br>LEI: 549300K5VIUTJXQL7X75 | Long             | DBT              | CORP              | CA        |   6506000 | PA      | $6332632.67   | 0.29%             | 2082-01-18      | Variable      | 4.75%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                         | Wells Fargo & Co.                                         | CUSIP: 95002YAA1<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |  14903000 | PA      | $15953929.75  | 0.73%             | N/A             | Variable      | 7.62%                 | No            |                  2 | On Loan: —       |
| Dominion Energy, Inc.                                     | Dominion Energy, Inc., Series A                           | CUSIP: 25746UDT3<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |   8673000 | PA      | $9072459.39   | 0.42%             | 2055-02-01      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| Rithm Capital Corp.                                       | Rithm Capital Corp., Series C, Pfd.                       | CUSIP: 64828T508<br>LEI: 549300WNTHGEO5LP2G31 | Long             | EP               | CORP              | US        |    137768 | NS      | $3412513.36   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| FMC Corp.                                                 | FMC Corp.                                                 | CUSIP: 302491AZ8<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | DBT              | CORP              | US        |   6501000 | PA      | $6808399.79   | 0.31%             | 2055-11-01      | Variable      | 8.45%                 | No            |                  2 | On Loan: No      |
| Bank of Nova Scotia (The)                                 | Bank of Nova Scotia (The)                                 | CUSIP: 064159KJ4<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |  10795000 | PA      | $10761244.04  | 0.49%             | N/A             | Variable      | 7.23%                 | No            |                  2 | On Loan: No      |
| USB Capital IX                                            | USB Capital IX                                            | CUSIP: 91731KAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5799000 | PA      | $4866006.43   | 0.22%             | N/A             | Variable      | 5.60%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp.                               | Capital One Financial Corp., Series O                     | CUSIP: 14040HDK8<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |   4939000 | PA      | $4909399.59   | 0.23%             | N/A             | Variable      | 5.50%                 | No            |                  2 | On Loan: —       |
| Bank of America Corp.                                     | Bank of America Corp., Series TT                          | CUSIP: 06055HAB9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |  17322000 | PA      | $17526319.92  | 0.80%             | N/A             | Variable      | 6.12%                 | No            |                  2 | On Loan: No      |
| U.S. Bancorp                                              | U.S. Bancorp                                              | CUSIP: 902973BC9<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |  12988000 | PA      | $12540477.68  | 0.58%             | N/A             | Variable      | 3.70%                 | No            |                  2 | On Loan: —       |
| Prudential Financial, Inc.                                | Prudential Financial, Inc.                                | CUSIP: 744320BK7<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |  10405000 | PA      | $10749197.40  | 0.49%             | 2052-09-01      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| GasLog Partners L.P.                                      | GasLog Partners L.P., Series A, Pfd.                      | CUSIP: EP0528133<br>LEI: 5299004R0RSGEG82BS06 | Long             | EP               | CORP              | MH        |     44059 | NS      | $1144652.82   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| American Electric Power Co., Inc.                         | American Electric Power Co., Inc.                         | CUSIP: 025537AZ4<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |   3469000 | PA      | $3624622.81   | 0.17%             | 2054-12-15      | Variable      | 7.05%                 | No            |                  2 | On Loan: —       |
| Bank of America Corp.                                     | Bank of America Corp., Series RR                          | CUSIP: 060505GB4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |  14444000 | PA      | $14145247.53  | 0.65%             | N/A             | Variable      | 4.38%                 | No            |                  2 | On Loan: No      |
| State Street Corp.                                        | State Street Corp., Series I                              | CUSIP: 857477CH4<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |  13005000 | PA      | $13492336.37  | 0.62%             | N/A             | Variable      | 6.70%                 | No            |                  2 | On Loan: No      |
| Bank of New York Mellon Corp. (The)                       | Bank of New York Mellon Corp. (The), Series I             | CUSIP: 064058AL4<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |  11277000 | PA      | $10959423.89  | 0.50%             | N/A             | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| Northern Trust Corp.                                      | Northern Trust Corp., Series D                            | CUSIP: 665859AQ7<br>LEI: 549300GLF98S992BC502 | Long             | DBT              | CORP              | US        |   4338000 | PA      | $4311567.26   | 0.20%             | N/A             | Variable      | 4.60%                 | No            |                  2 | On Loan: —       |
| General Motors Financial Co., Inc.                        | General Motors Financial Co., Inc., Series B              | CUSIP: 37045XCM6<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   4337000 | PA      | $4268152.73   | 0.20%             | N/A             | Variable      | 6.50%                 | No            |                  2 | On Loan: —       |
| Two Harbors Investment Corp.                              | Two Harbors Investment Corp., Series C, Pfd.              | CUSIP: 90187B507<br>LEI: 549300ZUIBT6KH4HU823 | Long             | EP               | CORP              | US        |     83730 | NS      | $2002821.60   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Apollo Global Management, Inc.                            | Apollo Global Management, Inc.                            | CUSIP: 03769MAD8<br>LEI: 254900LMFT1CY9IYB476 | Long             | DBT              | CORP              | US        |   4339000 | PA      | $4327279.49   | 0.20%             | 2054-12-15      | Variable      | 6.00%                 | No            |                  2 | On Loan: —       |
| State Street Corp.                                        | State Street Corp.                                        | CUSIP: 857477CS0<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |   6486000 | PA      | $6612710.50   | 0.30%             | N/A             | Variable      | 6.45%                 | No            |                  2 | On Loan: No      |
| Edison International                                      | Edison International, Series B                            | CUSIP: 281020AT4<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |   4364000 | PA      | $3912538.53   | 0.18%             | N/A             | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Edison International                                      | Edison International                                      | CUSIP: 281020AX5<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |   4333000 | PA      | $4345375.05   | 0.20%             | 2053-06-15      | Variable      | 8.12%                 | No            |                  2 | On Loan: —       |
| State Street Corp.                                        | State Street Corp., Series J                              | CUSIP: 857477CM3<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |   7370000 | PA      | $7651187.61   | 0.35%             | N/A             | Variable      | 6.70%                 | No            |                  2 | On Loan: —       |
| Valley National Bancorp                                   | Valley National Bancorp, Series A, Pfd.                   | CUSIP: 919794206<br>LEI: 549300ET52S1UBIB9762 | Long             | EP               | CORP              | US        |     39875 | NS      | $1007641.25   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Synovus Financial Corp.                                   | Synovus Financial Corp., Series E, Pfd.                   | CUSIP: 87161C709<br>LEI: 549300EIUS8UN5JTLE54 | Long             | EP               | CORP              | US        |    121252 | NS      | $3205902.88   | 0.15%             |  |  |  | No            |                  1 | On Loan: —       |
| PNC Financial Services Group, Inc. (The)                  | PNC Financial Services Group, Inc. (The), Series V        | CUSIP: 693475BF1<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |  10843000 | PA      | $11043747.30  | 0.51%             | N/A             | Variable      | 6.20%                 | No            |                  2 | On Loan: No      |
| Enterprise Products Operating LLC                         | Enterprise Products Operating LLC, Series D               | CUSIP: 29379VBM4<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |   3032000 | PA      | $3031311.22   | 0.14%             | 2077-08-16      | Variable      | 7.43%                 | No            |                  2 | On Loan: No      |
| PG&E Corp.                                                | PG&E Corp.                                                | CUSIP: 69331CAM0<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | DBT              | CORP              | US        |  12949000 | PA      | $12882758.10  | 0.59%             | 2055-03-15      | Variable      | 7.38%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                            | Citigroup Inc., Series FF                                 | CUSIP: 17327CAV5<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |  17315000 | PA      | $17624799.98  | 0.81%             | N/A             | Variable      | 6.95%                 | No            |                  2 | On Loan: No      |
| Bank of Montreal                                          | Bank of Montreal                                          | CUSIP: 06368B5P9<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |   4338000 | PA      | $4338094.57   | 0.20%             | N/A             | Variable      | 4.80%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                            | Citigroup Inc., Series T                                  | CUSIP: 172967KM2<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |  12984000 | PA      | $13078744.25  | 0.60%             | N/A             | Variable      | 6.25%                 | No            |                  2 | On Loan: —       |
| TELUS Corp.                                               | TELUS Corp.                                               | CUSIP: 87971MCL5<br>LEI: 894500WE70KKZRQMBU11 | Long             | DBT              | CORP              | CA        |   6000000 | PA      | $6105743.88   | 0.28%             | 2055-10-15      | Variable      | 6.62%                 | No            |                  2 | On Loan: No      |
| TransCanada Pipelines Ltd.                                | TransCanada Pipelines Ltd.                                | CUSIP: 89352HBG3<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | DBT              | CORP              | CA        |   6503000 | PA      | $6612347.95   | 0.30%             | 2065-06-01      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| Tsakos Energy Navigation Ltd.                             | Tsakos Energy Navigation Ltd., Series E, Pfd.             | CUSIP: EP0526210<br>LEI: 549300IFUTS62LRRCU54 | Long             | EP               | CORP              | BM        |     41134 | NS      | $1094575.74   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Plains All American Pipeline, L.P.                        | Plains All American Pipeline, L.P., Series B              | CUSIP: 726503AE5<br>LEI: 5521FA2ITF25TVH63740 | Long             | DBT              | CORP              | US        |   6936000 | PA      | $6955857.77   | 0.32%             | N/A             | Variable      | 8.58%                 | No            |                  2 | On Loan: No      |
| Fidelis Insurance Holdings Ltd.                           | Fidelis Insurance Holdings Ltd.                           | CUSIP: 31575FAC0<br>LEI: 549300CDMGCAGJQ7DX03 | Long             | DBT              | CORP              | BM        |   3500000 | PA      | $3700095.00   | 0.17%             | 2055-06-15      | Variable      | 7.75%                 | No            |                  2 | On Loan: —       |
| American Express Co.                                      | American Express Co.                                      | CUSIP: 025816CH0<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |  13877000 | PA      | $13558057.97  | 0.62%             | N/A             | Variable      | 3.55%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                           | Goldman Sachs Group, Inc. (The), Series T                 | CUSIP: 38144GAE1<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   5837000 | PA      | $5733881.22   | 0.26%             | N/A             | Variable      | 3.80%                 | No            |                  2 | On Loan: No      |
| FTAI Aviation Ltd.                                        | FTAI Aviation Ltd., Series C, Pfd.                        | CUSIP: EP0602243<br>LEI: 529900E7PUVK6BC8PE80 | Long             | EP               | CORP              | KY        |     36426 | NS      | $919756.50    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Vodafone Group PLC                                        | Vodafone Group PLC                                        | CUSIP: 92857WBQ2<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |  17343000 | PA      | $18323850.71  | 0.84%             | 2079-04-04      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| Bank of New York Mellon Corp. (The)                       | Bank of New York Mellon Corp. (The), Series F             | CUSIP: 064058AF7<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |   8670000 | PA      | $8638044.98   | 0.40%             | N/A             | Variable      | 4.62%                 | No            |                  2 | On Loan: No      |
| Bank of New York Mellon Corp. (The)                       | Bank of New York Mellon Corp. (The)                       | CUSIP: 064058AN0<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |   4337000 | PA      | $4446491.90   | 0.20%             | N/A             | Variable      | 6.30%                 | No            |                  2 | On Loan: No      |
| M&T Bank Corp.                                            | M&T Bank Corp., Series F                                  | CUSIP: 55261FAH7<br>LEI: 549300WYXDDBYRASEG81 | Long             | DBT              | CORP              | US        |   4335000 | PA      | $4311231.20   | 0.20%             | N/A             | Variable      | 5.12%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Co., Inc.                        | General Motors Financial Co., Inc., Series C              | CUSIP: 37045XDB9<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   4337000 | PA      | $4262505.95   | 0.20%             | N/A             | Variable      | 5.70%                 | No            |                  2 | On Loan: —       |
| Voya Financial, Inc.                                      | Voya Financial, Inc., Series B, Pfd.                      | CUSIP: 929089209<br>LEI: 549300T065Z4KJ686G75 | Long             | EP               | CORP              | US        |    104001 | NS      | $2456503.62   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Rithm Capital Corp.                                       | Rithm Capital Corp., Series B, Pfd.                       | CUSIP: 64828T409<br>LEI: 549300WNTHGEO5LP2G31 | Long             | EP               | CORP              | US        |     97525 | NS      | $2460555.75   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| SCE Trust V                                               | SCE Trust V, Series K, Pfd.                               | CUSIP: 78409W201<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    104001 | NS      | $2446103.52   | 0.11%             |  |  |  | No            |                  1 | On Loan: —       |
| Allstate Corp. (The)                                      | Allstate Corp. (The), Pfd.                                | CUSIP: 020002309<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EP               | CORP              | US        |    173302 | NS      | $4479856.70   | 0.21%             |  |  |  | No            |                  1 | On Loan: —       |
| AerCap Ireland Capital DAC / AerCap Global Aviation Trust | AerCap Ireland Capital DAC / AerCap Global Aviation Trust | CUSIP: 00774MBQ7<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |   4400000 | PA      | $4537319.60   | 0.21%             | 2056-01-31      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| SCE Trust IV                                              | SCE Trust IV, Series J, Pfd.                              | CUSIP: 78409G206<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    112627 | NS      | $2654618.39   | 0.12%             |  |  |  | No            |                  1 | On Loan: —       |
| State Street Corp.                                        | State Street Corp.                                        | CUSIP: 857477AY9<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |   4375000 | PA      | $3884168.18   | 0.18%             | 2047-06-15      | Floating      | 5.58%                 | No            |                  2 | On Loan: —       |
| Citigroup Inc.                                            | Citigroup Inc., Series GG                                 | CUSIP: 17327CBC6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |  23380000 | PA      | $23847810.42  | 1.09%             | N/A             | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| Regions Financial Corp.                                   | Regions Financial Corp., Series C, Pfd.                   | CUSIP: 7591EP704<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EP               | CORP              | US        |    173302 | NS      | $4145383.84   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                           | Goldman Sachs Group, Inc. (The), Series W                 | CUSIP: 38141GA38<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |  12983000 | PA      | $13799254.19  | 0.63%             | N/A             | Variable      | 7.50%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                            | Citigroup Inc., Series Z                                  | CUSIP: 172967PC9<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |  10828000 | PA      | $11277383.66  | 0.52%             | N/A             | Variable      | 7.38%                 | No            |                  2 | On Loan: —       |
| Bank of America Corp.                                     | Bank of America Corp., Series DD                          | CUSIP: 060505EU4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   8662000 | PA      | $8717904.55   | 0.40%             | N/A             | Variable      | 6.30%                 | No            |                  2 | On Loan: —       |
| Bank of America Corp.                                     | Bank of America Corp., Series E, Pfd.                     | CUSIP: 060505815<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EP               | CORP              | US        |    109033 | NS      | $2332215.87   | 0.11%             |  |  |  | No            |                  1 | On Loan: —       |
| Equitable Holdings, Inc.                                  | Equitable Holdings, Inc.                                  | CUSIP: 29452EAD3<br>LEI: 549300FIBAKMNHPZ4009 | Long             | DBT              | CORP              | US        |   4333000 | PA      | $4433945.90   | 0.20%             | 2055-03-28      | Variable      | 6.70%                 | No            |                  2 | On Loan: —       |
| PNC Financial Services Group, Inc. (The)                  | PNC Financial Services Group, Inc. (The), Series W        | CUSIP: 693475BP9<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |  13004000 | PA      | $13185223.74  | 0.60%             | N/A             | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| Ellington Financial Inc.                                  | Ellington Financial Inc., Series B, Pfd.                  | CUSIP: 28852N307<br>LEI: 60GS1D1R1YY5G1W7IT74 | Long             | EP               | CORP              | US        |     41777 | NS      | $974239.64    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Two Harbors Investment Corp.                              | Two Harbors Investment Corp., Series A, Pfd.              | CUSIP: 90187B200<br>LEI: 549300ZUIBT6KH4HU823 | Long             | EP               | CORP              | US        |     43759 | NS      | $1015208.80   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Bell Canada                                               | Bell Canada                                               | CUSIP: 0778FPAQ2<br>LEI: 5493000G3EFX9S7TDE29 | Long             | DBT              | CORP              | CA        |  10837000 | PA      | $11111013.55  | 0.51%             | 2055-09-15      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| Charles Schwab Corp. (The)                                | Charles Schwab Corp. (The), Series K                      | CUSIP: 808513CB9<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |   6500000 | PA      | $6468747.16   | 0.30%             | N/A             | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| PNC Financial Services Group, Inc. (The)                  | PNC Financial Services Group, Inc. (The), Series S        | CUSIP: 693475AQ8<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |   4546000 | PA      | $4526056.24   | 0.21%             | N/A             | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| U.S. Bancorp                                              | U.S. Bancorp, Series A, Pfd.                              | CUSIP: 902973866<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EP               | CORP              | US        |      4998 | NS      | $4140643.08   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Paramount Global                                          | Paramount Global                                          | CUSIP: 92556HAE7<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |   8693000 | PA      | $8713845.81   | 0.40%             | 2062-03-30      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| Tsakos Energy Navigation Ltd.                             | Tsakos Energy Navigation Ltd., Series F, Pfd.             | CUSIP: EP0555672<br>LEI: 549300IFUTS62LRRCU54 | Long             | EP               | CORP              | BM        |     58495 | NS      | $1553042.25   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Allstate Corp. (The)                                      | Allstate Corp. (The)                                      | CUSIP: 020002AU5<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | DBT              | CORP              | US        |   4333000 | PA      | $4478289.82   | 0.21%             | 2057-05-15      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                           | Goldman Sachs Group, Inc. (The), Series Y                 | CUSIP: 38141GB52<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |  17316000 | PA      | $17388554.04  | 0.80%             | N/A             | Variable      | 6.12%                 | No            |                  2 | On Loan: —       |
| Prudential Financial, Inc.                                | Prudential Financial, Inc.                                | CUSIP: 744320AW2<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |   6502000 | PA      | $6404059.07   | 0.29%             | 2047-09-15      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| MetLife, Inc.                                             | MetLife, Inc., Series G                                   | CUSIP: 59156RCQ9<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |   8669000 | PA      | $9040562.01   | 0.41%             | 2055-03-15      | Variable      | 6.35%                 | No            |                  2 | On Loan: No      |
| Jackson Financial Inc.                                    | Jackson Financial Inc., Pfd.                              | CUSIP: 46817M206<br>LEI: 213800WXW2KG1N4CO374 | Long             | EP               | CORP              | US        |    190652 | NS      | $4976017.20   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| ConnectOne Bancorp, Inc.                                  | ConnectOne Bancorp, Inc., Series A, Pfd.                  | CUSIP: 20786W503<br>LEI: 549300E2M5ZYAZKUK134 | Long             | EP               | CORP              | US        |     39960 | NS      | $927072.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Duke Energy Corp.                                         | Duke Energy Corp.                                         | CUSIP: 26441CCG8<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |   8669000 | PA      | $8997312.37   | 0.41%             | 2054-09-01      | Variable      | 6.45%                 | No            |                  2 | On Loan: No      |
| PNC Financial Services Group, Inc. (The)                  | PNC Financial Services Group, Inc. (The), Series T        | CUSIP: 693475BC8<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |  13005000 | PA      | $12593599.83  | 0.58%             | N/A             | Variable      | 3.40%                 | No            |                  2 | On Loan: No      |
| Energy Transfer L.P.                                      | Energy Transfer L.P., Series H                            | CUSIP: 29273VAN0<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   7801000 | PA      | $7848905.94   | 0.36%             | N/A             | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| Invesco Private Prime Fund                                | Invesco Private Prime Fund                                | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        | 136321880 | NS      | $136321880.30 | 6.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Vodafone Group PLC                                        | Vodafone Group PLC                                        | CUSIP: 92857WBV1<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |   4329000 | PA      | $4249504.84   | 0.19%             | 2081-06-04      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| Ellington Financial Inc.                                  | Ellington Financial Inc., Pfd.                            | CUSIP: 28852N208<br>LEI: 60GS1D1R1YY5G1W7IT74 | Long             | EP               | CORP              | US        |     39875 | NS      | $1010831.25   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Dominion Energy, Inc.                                     | Dominion Energy, Inc.                                     | CUSIP: 25746UDV8<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |  10837000 | PA      | $11128645.34  | 0.51%             | 2055-05-15      | Variable      | 6.62%                 | No            |                  2 | On Loan: No      |
| Sempra                                                    | Sempra                                                    | CUSIP: 816851BT5<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |  10842000 | PA      | $10728865.90  | 0.49%             | 2054-10-01      | Variable      | 6.40%                 | No            |                  2 | On Loan: No      |
| Sempra                                                    | Sempra                                                    | CUSIP: 816851BS7<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |   9540000 | PA      | $9704517.30   | 0.45%             | 2054-10-01      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| CoBank, ACB                                               | CoBank, ACB, Series J                                     | CUSIP: 19075QAD4<br>LEI: P0J8I7M2E0A77CKF1705 | Long             | DBT              | CORP              | US        |   3790000 | PA      | $3668442.19   | 0.17%             | N/A             | Variable      | 4.25%                 | No            |                  2 | On Loan: No      |
| M&T Bank Corp.                                            | M&T Bank Corp.                                            | CUSIP: 55261FAN4<br>LEI: 549300WYXDDBYRASEG81 | Long             | DBT              | CORP              | US        |   4322000 | PA      | $4188480.45   | 0.19%             | N/A             | Variable      | 3.50%                 | No            |                  2 | On Loan: —       |
| Rogers Communications Inc.                                | Rogers Communications Inc.                                | CUSIP: 775109DH1<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |   8670000 | PA      | $9004474.90   | 0.41%             | 2055-04-15      | Variable      | 7.12%                 | No            |                  2 | On Loan: No      |
| Entergy Corp.                                             | Entergy Corp.                                             | CUSIP: 29364GAQ6<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | DBT              | CORP              | US        |  10410000 | PA      | $10867555.73  | 0.50%             | 2054-12-01      | Variable      | 7.12%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                     | Bank of America Corp., Series 4, Pfd.                     | CUSIP: 060505591<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EP               | CORP              | US        |     72747 | NS      | $1550966.04   | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| Arbor Realty Trust, Inc.                                  | Arbor Realty Trust, Inc., Series F, Pfd.                  | CUSIP: 038923850<br>LEI: 549300ASFUWYQO0RW077 | Long             | EP               | CORP              | US        |     98224 | NS      | $2180572.80   | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| ACRES Commercial Realty Corp.                             | ACRES Commercial Realty Corp., Series C, Pfd.             | CUSIP: 00489Q201<br>LEI: 549300RUJWPCMY4JFR46 | Long             | EP               | CORP              | US        |     41600 | NS      | $1046240.00   | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| Vodafone Group PLC                                        | Vodafone Group PLC                                        | CUSIP: 92857WBW9<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |   8668000 | PA      | $8037790.46   | 0.37%             | 2081-06-04      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                     | Bank of America Corp., Series K, Pfd.                     | CUSIP: 060505179<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EP               | CORP              | US        |    363335 | NS      | $9348609.55   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| AGNC Investment Corp.                                     | AGNC Investment Corp., Series C, Pfd.                     | CUSIP: 00123Q500<br>LEI: 5TRACI5HRMELWV32OF39 | Long             | EP               | CORP              | US        |    112627 | NS      | $2874241.04   | 0.13%             |  |  |  | No            |                  1 | On Loan: —       |
| Citizens Financial Group, Inc.                            | Citizens Financial Group, Inc., Series F                  | CUSIP: 174610AU9<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |   3462000 | PA      | $3467995.84   | 0.16%             | N/A             | Variable      | 5.65%                 | No            |                  2 | On Loan: No      |
| Prudential Financial, Inc.                                | Prudential Financial, Inc.                                | CUSIP: 744320BP6<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |   8665000 | PA      | $9129097.40   | 0.42%             | 2054-03-15      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| KeyCorp                                                   | KeyCorp, Series D                                         | CUSIP: 493267AK4<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | DBT              | CORP              | US        |   4541000 | PA      | $4500338.98   | 0.21%             | N/A             | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| BAC Capital Trust XIV                                     | BAC Capital Trust XIV, Series G                           | CUSIP: 05518VAA3<br>LEI: 549300QO5OB3VGJT6S64 | Long             | DBT              | CORP              | US        |   4262000 | PA      | $3552974.11   | 0.16%             | N/A             | Variable      | 4.98%                 | No            |                  2 | On Loan: No      |
| Lincoln National Corp.                                    | Lincoln National Corp., Series C                          | CUSIP: 534187BR9<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | DBT              | CORP              | US        |   4335000 | PA      | $4706739.26   | 0.22%             | N/A             | Variable      | 9.25%                 | No            |                  2 | On Loan: —       |
| Prudential Financial, Inc.                                | Prudential Financial, Inc.                                | CUSIP: 744320BH4<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |   6941000 | PA      | $6421018.46   | 0.29%             | 2050-10-01      | Variable      | 3.70%                 | No            |                  2 | On Loan: No      |
| U.S. Bancorp                                              | U.S. Bancorp, Series J                                    | CUSIP: 902973AZ9<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |   8614000 | PA      | $8609135.67   | 0.40%             | N/A             | Variable      | 5.30%                 | No            |                  2 | On Loan: No      |
| Aptiv Swiss Holdings Ltd.                                 | Aptiv Swiss Holdings Ltd.                                 | CUSIP: 03837AAD2<br>LEI: 254900HTTDFIJZ32GX53 | Long             | DBT              | CORP              | JE        |   4340000 | PA      | $4397322.98   | 0.20%             | 2054-12-15      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| American Electric Power Co., Inc.                         | American Electric Power Co., Inc.                         | CUSIP: 025537BA8<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |   5196000 | PA      | $5537148.58   | 0.25%             | 2054-12-15      | Variable      | 6.95%                 | No            |                  2 | On Loan: No      |
| Ally Financial Inc.                                       | Ally Financial Inc., Series B                             | CUSIP: 02005NBM1<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |  11707000 | PA      | $11413579.26  | 0.52%             | N/A             | Variable      | 4.70%                 | No            |                  2 | On Loan: —       |
| Reinsurance Group of America, Inc.                        | Reinsurance Group of America, Inc.                        | CUSIP: 759351AT6<br>LEI: LORM1GNEU1DKEW527V90 | Long             | DBT              | CORP              | US        |   6047000 | PA      | $6174652.17   | 0.28%             | 2055-09-15      | Variable      | 6.65%                 | No            |                  2 | On Loan: No      |
| Enterprise Products Operating LLC                         | Enterprise Products Operating LLC, Series E               | CUSIP: 29379VBN2<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |   8673000 | PA      | $8603531.87   | 0.39%             | 2077-08-16      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| Exelon Corp.                                              | Exelon Corp.                                              | CUSIP: 30161NBQ3<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |   8673000 | PA      | $8964617.66   | 0.41%             | 2055-03-15      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| NiSource Inc.                                             | NiSource Inc.                                             | CUSIP: 65473PAR6<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |   4333000 | PA      | $4516238.24   | 0.21%             | 2054-11-30      | Variable      | 6.95%                 | No            |                  2 | On Loan: No      |
| Fifth Third Bancorp                                       | Fifth Third Bancorp, Series L                             | CUSIP: 316773DB3<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | DBT              | CORP              | US        |   3033000 | PA      | $3030512.03   | 0.14%             | N/A             | Variable      | 4.50%                 | No            |                  2 | On Loan: —       |
| Associated Banc-Corp                                      | Associated Banc-Corp, Pfd.                                | CUSIP: 045487600<br>LEI: 549300N3CIN473IW5094 | Long             | EP               | CORP              | US        |    104002 | NS      | $2554289.12   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy Capital Holdings, Inc.                     | NextEra Energy Capital Holdings, Inc.                     | CUSIP: 65339KCW8<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |   8676000 | PA      | $8933763.96   | 0.41%             | 2054-09-01      | Variable      | 6.70%                 | No            |                  2 | On Loan: No      |
| Energy Transfer L.P.                                      | Energy Transfer L.P., Series G                            | CUSIP: 29273VAM2<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   9543000 | PA      | $9816712.33   | 0.45%             | N/A             | Variable      | 7.12%                 | No            |                  2 | On Loan: No      |
| Argo Group International Holdings, Inc.                   | Argo Group International Holdings, Inc., Pfd.             | CUSIP: 040128407<br>LEI: 984500ID778EF9FCDF46 | Long             | EP               | CORP              | US        |     51951 | NS      | $1319035.89   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Annaly Capital Management, Inc.                           | Annaly Capital Management, Inc., Series F, Pfd.           | CUSIP: 035710870<br>LEI: 2DTL0G3FPRYUT58TI025 | Long             | EP               | CORP              | US        |    249503 | NS      | $6429692.31   | 0.30%             |  |  |  | No            |                  1 | On Loan: —       |
| Enbridge Inc.                                             | Enbridge Inc.                                             | CUSIP: 29250NAW5<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |   7373000 | PA      | $7431998.75   | 0.34%             | 2078-03-01      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                      | JPMorgan Chase & Co., Series KK                           | CUSIP: 48128BAN1<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |  16892000 | PA      | $16672944.54  | 0.76%             | N/A             | Variable      | 3.65%                 | No            |                  2 | On Loan: No      |
| Chimera Investment Corp.                                  | Chimera Investment Corp., Series C, Pfd.                  | CUSIP: 16934Q505<br>LEI: 2JBBQFJOL123LOUBE657 | Long             | EP               | CORP              | US        |     90101 | NS      | $2094848.25   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Enstar Group Ltd.                                         | Enstar Group Ltd., Series D, Pfd.                         | CUSIP: 29359U109<br>LEI: 213800AMAL5QFXVUCN04 | Long             | EP               | CORP              | BM        |    141871 | NS      | $3362342.70   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy Capital Holdings, Inc.                     | NextEra Energy Capital Holdings, Inc.                     | CUSIP: 65339KAV2<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |   4764000 | PA      | $4606451.66   | 0.21%             | 2077-12-01      | Variable      | 4.80%                 | No            |                  2 | On Loan: —       |
| JPMorgan Chase & Co.                                      | JPMorgan Chase & Co., Series NN                           | CUSIP: 48128BAQ4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |  21117000 | PA      | $22242029.29  | 1.02%             | N/A             | Variable      | 6.88%                 | No            |                  2 | On Loan: —       |
| Brookfield Finance Inc.                                   | Brookfield Finance Inc.                                   | CUSIP: 11271LAN2<br>LEI: 549300XH8D8K6OYWGD17 | Long             | DBT              | CORP              | CA        |   6069000 | PA      | $5930468.40   | 0.27%             | 2055-01-15      | Variable      | 6.30%                 | No            |                  2 | On Loan: No      |
| Athene Holding Ltd.                                       | Athene Holding Ltd., Pfd.                                 | CUSIP: 04686J838<br>LEI: 549300H316CT32FQXI76 | Long             | EP               | CORP              | US        |    199278 | NS      | $5051697.30   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| TransCanada Trust                                         | TransCanada Trust, Series 16-A                            | CUSIP: 89356BAB4<br>LEI: 549300Y0MFCAXLBWUV51 | Long             | DBT              | CORP              | CA        |  10407000 | PA      | $10439396.99  | 0.48%             | 2076-08-15      | Variable      | 5.88%                 | No            |                  2 | On Loan: No      |
| Sempra                                                    | Sempra                                                    | CUSIP: 816851BM0<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |   8672000 | PA      | $8426211.24   | 0.39%             | 2052-04-01      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| Southern Co. (The)                                        | Southern Co. (The), Series 21-A                           | CUSIP: 842587DJ3<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |   8670000 | PA      | $8571570.36   | 0.39%             | 2051-09-15      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| AGNC Investment Corp.                                     | AGNC Investment Corp., Series D, Pfd.                     | CUSIP: 00123Q609<br>LEI: 5TRACI5HRMELWV32OF39 | Long             | EP               | CORP              | US        |     81647 | NS      | $2048523.23   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                                            | Morgan Stanley, Series A, Pfd.                            | CUSIP: 61747S504<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EP               | CORP              | US        |    381205 | NS      | $8310269.00   | 0.38%             |  |  |  | No            |                  1 | On Loan: —       |
| Wells Fargo & Co.                                         | Wells Fargo & Co.                                         | CUSIP: 95002YAC7<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |  17477000 | PA      | $18352720.04  | 0.84%             | N/A             | Variable      | 6.85%                 | No            |                  2 | On Loan: —       |
| Energy Transfer L.P.                                      | Energy Transfer L.P.                                      | CUSIP: 29273VBC3<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   3470000 | PA      | $3587192.31   | 0.16%             | 2054-10-01      | Variable      | 7.12%                 | No            |                  2 | On Loan: —       |
| NextEra Energy Capital Holdings, Inc.                     | NextEra Energy Capital Holdings, Inc.                     | CUSIP: 65339KDE7<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |  13006000 | PA      | $13440153.29  | 0.62%             | 2055-08-15      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| Citigroup Capital XIII                                    | Citigroup Capital XIII, Pfd.                              | CUSIP: 173080201<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    777269 | NS      | $23201479.65  | 1.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Seapeak LLC                                               | Seapeak LLC, Series B, Pfd.                               | CUSIP: EP0537951<br>LEI: 549300CP38L0UER0I397 | Long             | EP               | CORP              | MH        |     57192 | NS      | $1477841.28   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| M&T Bank Corp.                                            | M&T Bank Corp., Series G                                  | CUSIP: 55261FAL8<br>LEI: 549300WYXDDBYRASEG81 | Long             | DBT              | CORP              | US        |   3453000 | PA      | $3492139.76   | 0.16%             | N/A             | Variable      | 7.30%                 | No            |                  2 | On Loan: —       |
| NiSource Inc.                                             | NiSource Inc.                                             | CUSIP: 65473PAT2<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |   4339000 | PA      | $4466549.24   | 0.20%             | 2055-03-31      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| National Rural Utilities Cooperative Finance Corp.        | National Rural Utilities Cooperative Finance Corp.        | CUSIP: 637432NK7<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |   3076000 | PA      | $3075471.24   | 0.14%             | 2046-04-20      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                     | Bank of America Corp., Series FF                          | CUSIP: 060505FL3<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |  19666000 | PA      | $19915954.86  | 0.91%             | N/A             | Variable      | 5.88%                 | No            |                  2 | On Loan: No      |
| CenterPoint Energy, Inc.                                  | CenterPoint Energy, Inc., Series B                        | CUSIP: 15189TBJ5<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | DBT              | CORP              | US        |   3461000 | PA      | $3636313.49   | 0.17%             | 2055-02-15      | Variable      | 6.85%                 | No            |                  2 | On Loan: —       |
| Dynex Capital, Inc.                                       | Dynex Capital, Inc., Series C, Pfd.                       | CUSIP: 26817Q878<br>LEI: 5CIJ4S9HAEBWILA19B65 | Long             | EP               | CORP              | US        |     38668 | NS      | $996474.36    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles Schwab Corp. (The)                                | Charles Schwab Corp. (The), Series H                      | CUSIP: 808513BJ3<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |  19261000 | PA      | $17634884.30  | 0.81%             | N/A             | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Wintrust Financial Corp.                                  | Wintrust Financial Corp., Series F, Pfd.                  | CUSIP: 97650W702<br>LEI: Q774KI4AW80FHFW33O61 | Long             | EP               | CORP              | US        |    147773 | NS      | $3902684.93   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                           | Goldman Sachs Group, Inc. (The), Series O                 | CUSIP: 38148BAC2<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   5626000 | PA      | $5626035.44   | 0.26%             | N/A             | Variable      | 5.30%                 | No            |                  2 | On Loan: —       |
| CenterPoint Energy, Inc.                                  | CenterPoint Energy, Inc., Series A                        | CUSIP: 15189TBH9<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | DBT              | CORP              | US        |   3463000 | PA      | $3647491.33   | 0.17%             | 2055-02-15      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                           | Goldman Sachs Group, Inc. (The), Series R                 | CUSIP: 38144GAB7<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   5190000 | PA      | $5249467.02   | 0.24%             | N/A             | Variable      | 3.22%                 | No            |                  2 | On Loan: No      |
| Prudential Financial, Inc.                                | Prudential Financial, Inc.                                | CUSIP: 744320BJ0<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |   8672000 | PA      | $8528966.63   | 0.39%             | 2052-03-01      | Variable      | 5.12%                 | No            |                  2 | On Loan: No      |
| Synchrony Financial                                       | Synchrony Financial, Series B, Pfd.                       | CUSIP: 87165B400<br>LEI: 549300RS7EWPM9MA6C78 | Long             | EP               | CORP              | US        |    173302 | NS      | $4479856.70   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Energy Transfer L.P.                                      | Energy Transfer L.P.                                      | CUSIP: 29273VAX8<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   6932000 | PA      | $7389754.62   | 0.34%             | 2054-05-15      | Variable      | 8.00%                 | No            |                  2 | On Loan: No      |
| Charles Schwab Corp. (The)                                | Charles Schwab Corp. (The), Series I                      | CUSIP: 808513BK0<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |  17824000 | PA      | $17577740.05  | 0.81%             | N/A             | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Enbridge Inc.                                             | Enbridge Inc.                                             | CUSIP: 29250NCF0<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |   6072000 | PA      | $6329161.34   | 0.29%             | 2054-06-27      | Variable      | 7.20%                 | No            |                  2 | On Loan: No      |
| Sempra                                                    | Sempra                                                    | CUSIP: 816851BK4<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |   7799000 | PA      | $7804783.74   | 0.36%             | N/A             | Variable      | 4.88%                 | No            |                  2 | On Loan: No      |
| TransCanada Trust                                         | TransCanada Trust                                         | CUSIP: 89356BAC2<br>LEI: 549300Y0MFCAXLBWUV51 | Long             | DBT              | CORP              | CA        |  13002000 | PA      | $12950544.59  | 0.59%             | 2077-03-15      | Variable      | 5.30%                 | No            |                  2 | On Loan: No      |
| KeyCorp                                                   | KeyCorp, Pfd.                                             | CUSIP: 493267843<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | EP               | CORP              | US        |    207903 | NS      | $5155994.40   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Dominion Energy, Inc.                                     | Dominion Energy, Inc., Series C                           | CUSIP: 25746UDM8<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |   6499000 | PA      | $6390349.72   | 0.29%             | N/A             | Variable      | 4.35%                 | No            |                  2 | On Loan: No      |
| Enbridge Inc.                                             | Enbridge Inc.                                             | CUSIP: 29250NAS4<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |   8667000 | PA      | $8646040.59   | 0.40%             | 2077-07-15      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| UMB Financial Corp.                                       | UMB Financial Corp., Pfd.                                 | CUSIP: 902788405<br>LEI: 549300MGEH3N3CUCV828 | Long             | EP               | CORP              | US        |    104000 | NS      | $2730000.00   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Allstate Corp. (The)                                      | Allstate Corp. (The), Series B                            | CUSIP: 020002BB6<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | DBT              | CORP              | US        |   6941000 | PA      | $6967028.75   | 0.32%             | 2053-08-15      | Variable      | 7.41%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                     | Bank of America Corp.                                     | CUSIP: 06055HAK9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |  21500000 | PA      | $21572944.99  | 0.99%             | N/A             | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| Corebridge Financial, Inc.                                | Corebridge Financial, Inc.                                | CUSIP: 21871XAP4<br>LEI: 549300XY1661QCIA7J65 | Long             | DBT              | CORP              | US        |   8676000 | PA      | $8977016.86   | 0.41%             | 2052-12-15      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| Truist Financial Corp.                                    | Truist Financial Corp., Series M                          | CUSIP: 89832QAC3<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |   4336000 | PA      | $4254208.30   | 0.20%             | N/A             | Variable      | 5.12%                 | No            |                  2 | On Loan: —       |
| Aegon Ltd.                                                | Aegon Ltd.                                                | CUSIP: 007924AJ2<br>LEI: O4QK7KMMK83ITNTHUG69 | Long             | DBT              | CORP              | BM        |   7020000 | PA      | $7079276.88   | 0.32%             | 2048-04-11      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Athene Holding Ltd.                                       | Athene Holding Ltd.                                       | CUSIP: 04686JAM3<br>LEI: 549300H316CT32FQXI76 | Long             | DBT              | CORP              | US        |   5198000 | PA      | $5252215.14   | 0.24%             | 2055-06-28      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| Invesco Private Government Fund                           | Invesco Private Government Fund                           | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        |  52399814 | NS      | $52399814.36  | 2.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                            | Citigroup Inc., Series BB                                 | CUSIP: 172967PJ4<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   4762000 | PA      | $4914360.19   | 0.23%             | N/A             | Variable      | 7.20%                 | No            |                  2 | On Loan: No      |
| AGNC Investment Corp.                                     | AGNC Investment Corp., Series F, Pfd.                     | CUSIP: 00123Q872<br>LEI: 5TRACI5HRMELWV32OF39 | Long             | EP               | CORP              | US        |    199278 | NS      | $5013834.48   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| EUSHI Finance, Inc.                                       | EUSHI Finance, Inc.                                       | CUSIP: 29882DAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4332000 | PA      | $4536899.27   | 0.21%             | 2054-12-15      | Variable      | 7.62%                 | No            |                  2 | On Loan: No      |
| Annaly Capital Management, Inc.                           | Annaly Capital Management, Inc., Series G, Pfd.           | CUSIP: 035710862<br>LEI: 2DTL0G3FPRYUT58TI025 | Long             | EP               | CORP              | US        |    147327 | NS      | $3740632.53   | 0.17%             |  |  |  | No            |                  1 | On Loan: —       |
| Adamas Trust, Inc.                                        | Adamas Trust, Inc., Series F, Pfd.                        | CUSIP: 649604865<br>LEI: 549300JFGR0M7ULHWG48 | Long             | EP               | CORP              | US        |     50129 | NS      | $1097323.81   | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| American Electric Power Co., Inc.                         | American Electric Power Co., Inc.                         | CUSIP: 025537AU5<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |   6527000 | PA      | $6344175.21   | 0.29%             | 2062-02-15      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                            | Citigroup Inc., Series W                                  | CUSIP: 172967MU2<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |  12981000 | PA      | $12891669.95  | 0.59%             | N/A             | Variable      | 4.00%                 | No            |                  2 | On Loan: —       |
| Capital One Financial Corp.                               | Capital One Financial Corp., Series M                     | CUSIP: 14040HCF0<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |   8648000 | PA      | $8485134.81   | 0.39%             | N/A             | Variable      | 3.95%                 | No            |                  2 | On Loan: —       |
| Chimera Investment Corp.                                  | Chimera Investment Corp., Series D, Pfd.                  | CUSIP: 16934Q604<br>LEI: 2JBBQFJOL123LOUBE657 | Long             | EP               | CORP              | US        |     69301 | NS      | $1712427.71   | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| CHS Inc.                                                  | CHS Inc., Series 2, Pfd.                                  | CUSIP: 12542R506<br>LEI: XEIEFTLYDQ1MZ6TZV015 | Long             | EP               | CORP              | US        |    145488 | NS      | $3689575.68   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Enstar Finance LLC                                        | Enstar Finance LLC                                        | CUSIP: 29360AAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4328000 | PA      | $4285007.38   | 0.20%             | 2042-01-15      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Dominion Energy, Inc.                                     | Dominion Energy, Inc., Series B                           | CUSIP: 25746UDU0<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |   8671000 | PA      | $9301728.54   | 0.43%             | 2054-06-01      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| PPL Capital Funding, Inc.                                 | PPL Capital Funding, Inc., Series A                       | CUSIP: 69352PAC7<br>LEI: 549300MROK5WY0D2NU17 | Long             | DBT              | CORP              | US        |   4159000 | PA      | $4117533.11   | 0.19%             | 2067-03-30      | Variable      | 7.22%                 | No            |                  2 | On Loan: No      |
| Rithm Capital Corp.                                       | Rithm Capital Corp., Series A, Pfd.                       | CUSIP: 64828T300<br>LEI: 549300WNTHGEO5LP2G31 | Long             | EP               | CORP              | US        |     36512 | NS      | $927404.80    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc.                                            | Citigroup Inc., Series CC                                 | CUSIP: 172967PK1<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |  15149000 | PA      | $15547630.79  | 0.71%             | N/A             | Variable      | 7.12%                 | No            |                  2 | On Loan: No      |
| Valley National Bancorp                                   | Valley National Bancorp, Series B, Pfd.                   | CUSIP: 919794305<br>LEI: 549300ET52S1UBIB9762 | Long             | EP               | CORP              | US        |     34866 | NS      | $868860.72    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| TransCanada Trust                                         | TransCanada Trust                                         | CUSIP: 89356BAG3<br>LEI: 549300Y0MFCAXLBWUV51 | Long             | DBT              | CORP              | CA        |   6938000 | PA      | $6801853.54   | 0.31%             | 2082-03-07      | Variable      | 5.60%                 | No            |                  2 | On Loan: No      |
| Enterprise Products Operating LLC                         | Enterprise Products Operating LLC                         | CUSIP: 29379VBR3<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |   6064000 | PA      | $6014774.27   | 0.28%             | 2078-02-15      | Variable      | 5.38%                 | No            |                  2 | On Loan: No      |
| Midland States Bancorp, Inc.                              | Midland States Bancorp, Inc., Pfd.                        | CUSIP: 597742303<br>LEI: 5493006RHXW9TTBWYC94 | Long             | EP               | CORP              | US        |     39975 | NS      | $916227.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Goldman Sachs Group, Inc. (The)                           | Goldman Sachs Group, Inc. (The), Series X                 | CUSIP: 38141GA79<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |  19421000 | PA      | $20435455.94  | 0.94%             | N/A             | Variable      | 7.50%                 | No            |                  2 | On Loan: No      |
| Edison International                                      | Edison International                                      | CUSIP: 281020AZ0<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |   3885000 | PA      | $3850282.09   | 0.18%             | 2054-06-15      | Variable      | 7.88%                 | No            |                  2 | On Loan: —       |
| NextEra Energy Capital Holdings, Inc.                     | NextEra Energy Capital Holdings, Inc.                     | CUSIP: 65339KDF4<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |   8671000 | PA      | $9103656.89   | 0.42%             | 2055-08-15      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| Bank of New York Mellon Corp. (The)                       | Bank of New York Mellon Corp. (The), Series K, Pfd.       | CUSIP: 064058845<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EP               | CORP              | US        |    173302 | NS      | $4485055.76   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Ally Financial Inc.                                       | Ally Financial Inc., Series C                             | CUSIP: 02005NBN9<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |   8664000 | PA      | $7922702.96   | 0.36%             | N/A             | Variable      | 4.70%                 | No            |                  2 | On Loan: —       |
| General Motors Financial Co., Inc.                        | General Motors Financial Co., Inc., Series A              | CUSIP: 37045XCA2<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   8667000 | PA      | $8488254.39   | 0.39%             | N/A             | Variable      | 5.75%                 | No            |                  2 | On Loan: —       |
| CMS Energy Corp.                                          | CMS Energy Corp.                                          | CUSIP: 125896BV1<br>LEI: 549300IA9XFBAGNIBW29 | Long             | DBT              | CORP              | US        |   3473000 | PA      | $3160531.41   | 0.15%             | 2050-12-01      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| Truist Financial Corp.                                    | Truist Financial Corp., Series Q                          | CUSIP: 89832QAF6<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |   8675000 | PA      | $8621433.61   | 0.40%             | N/A             | Variable      | 5.10%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                     | Bank of America Corp., Series 02, Pfd.                    | CUSIP: 060505625<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EP               | CORP              | US        |    105924 | NS      | $2171442.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| PacifiCorp                                                | PacifiCorp                                                | CUSIP: 695114DF2<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |   7374000 | PA      | $7670145.52   | 0.35%             | 2055-09-15      | Variable      | 7.38%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings, Inc.                     | NextEra Energy Capital Holdings, Inc.                     | CUSIP: 65339KCB4<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |   5209000 | PA      | $5032764.94   | 0.23%             | 2082-03-15      | Variable      | 3.80%                 | No            |                  2 | On Loan: No      |
| M&T Bank Corp.                                            | M&T Bank Corp., Series H, Pfd.                            | CUSIP: 55261F872<br>LEI: 549300WYXDDBYRASEG81 | Long             | EP               | CORP              | US        |     86651 | NS      | $2144612.25   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Sempra                                                    | Sempra                                                    | CUSIP: 816851BV0<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |   5202000 | PA      | $5136164.53   | 0.24%             | 2055-04-01      | Variable      | 6.55%                 | No            |                  2 | On Loan: No      |
| Emera Inc.                                                | Emera Inc., Series 16-A                                   | CUSIP: 290876AD3<br>LEI: NQZVQT2P5IUF2PGA1Q48 | Long             | DBT              | CORP              | CA        |  10405000 | PA      | $10496335.09  | 0.48%             | 2076-06-15      | Variable      | 6.75%                 | No            |                  2 | On Loan: No      |
| Sempra                                                    | Sempra                                                    | CUSIP: 816851BU2<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |   3468000 | PA      | $3486286.76   | 0.16%             | 2055-04-01      | Variable      | 6.62%                 | No            |                  2 | On Loan: No      |
| Athene Holding Ltd.                                       | Athene Holding Ltd.                                       | CUSIP: 04686JAJ0<br>LEI: 549300H316CT32FQXI76 | Long             | DBT              | CORP              | US        |   5200000 | PA      | $5228896.40   | 0.24%             | 2054-10-15      | Variable      | 6.62%                 | No            |                  2 | On Loan: No      |
| Bell Canada                                               | Bell Canada                                               | CUSIP: 0778FPAP4<br>LEI: 5493000G3EFX9S7TDE29 | Long             | DBT              | CORP              | CA        |   8670000 | PA      | $8876441.37   | 0.41%             | 2055-09-15      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| U.S. Bancorp                                              | U.S. Bancorp, Series B, Pfd.                              | CUSIP: 902973155<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EP               | CORP              | US        |    346604 | NS      | $7022197.04   | 0.32%             |  |  |  | No            |                  1 | On Loan: —       |
| Citizens Financial Group, Inc.                            | Citizens Financial Group, Inc., Series I, Pfd.            | CUSIP: 174610808<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | EP               | CORP              | US        |    138600 | NS      | $3495492.00   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntington Bancshares Inc.                                | Huntington Bancshares Inc., Series F                      | CUSIP: 446150AT1<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |   4352000 | PA      | $4446516.74   | 0.20%             | N/A             | Variable      | 5.62%                 | No            |                  2 | On Loan: No      |
| Assurant, Inc.                                            | Assurant, Inc.                                            | CUSIP: 04621XAK4<br>LEI: H3F39CAXWQRVWURFXL38 | Long             | DBT              | CORP              | US        |   3454000 | PA      | $3536301.70   | 0.16%             | 2048-03-27      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| CenterPoint Energy, Inc.                                  | CenterPoint Energy, Inc.                                  | CUSIP: 15189TBP1<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | DBT              | CORP              | US        |   4335000 | PA      | $4450215.63   | 0.20%             | 2055-05-15      | Variable      | 6.70%                 | No            |                  2 | On Loan: No      |
| Reinsurance Group of America, Inc.                        | Reinsurance Group of America, Inc., Pfd.                  | CUSIP: 759351802<br>LEI: LORM1GNEU1DKEW527V90 | Long             | EP               | CORP              | US        |    138602 | NS      | $3423469.40   | 0.16%             |  |  |  | No            |                  1 | On Loan: —       |
| Southern Co. (The)                                        | Southern Co. (The), Series B                              | CUSIP: 842587DF1<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |  10834000 | PA      | $10810037.36  | 0.50%             | 2051-01-15      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Huntington Bancshares Inc.                                | Huntington Bancshares Inc., Series J, Pfd.                | CUSIP: 446150773<br>LEI: 549300XTVCVV9I7B5T19 | Long             | EP               | CORP              | US        |    112627 | NS      | $2851715.64   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| BP Capital Markets PLC                                    | BP Capital Markets PLC                                    | CUSIP: 05565QDU9<br>LEI: 549300CRVT18MXX0AG93 | Long             | DBT              | CORP              | GB        |  10373000 | PA      | $10365709.86  | 0.48%             | N/A             | Variable      | 4.38%                 | No            |                  2 | On Loan: No      |
| Truist Financial Corp.                                    | Truist Financial Corp., Series A                          | CUSIP: 86787XAA3<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |   3051000 | PA      | $3029845.37   | 0.14%             | 2027-05-15      | Floating      | 5.14%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                            | Citigroup Inc., Series EE                                 | CUSIP: 172967PR6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |  12987000 | PA      | $13124714.15  | 0.60%             | N/A             | Variable      | 6.75%                 | No            |                  2 | On Loan: No      |
| Truist Financial Corp.                                    | Truist Financial Corp., Series P                          | CUSIP: 89832QAE9<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |   8636000 | PA      | $8617439.51   | 0.40%             | N/A             | Variable      | 4.95%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-30

**Name of Applicant:** Invesco Exchange-Traded Fund Trust II

**Signature:** Adrien Deberghes

**Name of Signer:** Adrien Deberghes

**Title:** Vice President