# EDGAR Filing Document

**Accession Number:** 0001919700
**File Stem:** 0001145549-23-010999
**Filing Date:** 2023-2
**Character Count:** 93149
**Document Hash:** fab094c2e010c316022f1119eb370f68
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-010999.hdr.sgml**: 20230227

**ACCESSION NUMBER**: 0001145549-23-010999

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221230

**FILED AS OF DATE**: 20230227

**DATE AS OF CHANGE**: 20230227

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Touchstone ETF Trust
- **CENTRAL INDEX KEY:** 0001919700
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23789
- **FILM NUMBER:** 23673450

**BUSINESS ADDRESS:**
- **STREET 1:** 303 BROADWAY
- **STREET 2:** SUITE 1100
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45202
- **BUSINESS PHONE:** 513-362-8224

**MAIL ADDRESS:**
- **STREET 1:** 303 BROADWAY
- **STREET 2:** SUITE 1100
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45202

## Series and Classes Contracts Data

### Touchstone Strategic Income Opportunities ETF (Series ID: S000076658)

| Class ID   | Class Name                                    | Ticker Symbol   |
|:---|:---|:---|
| C000236659 | Touchstone Strategic Income Opportunities ETF |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Touchstone ETF Trust

- **b. Investment Company Act file number:** 811-23789

- **c. CIK number of Registrant:** 0001919700

- **d. LEI of Registrant:** 549300OBA9Z9MIVJ9W43

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

  - **Street Address 1:** 303 Broadway

  - **City:** Cincinnati

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 45202

  - **Telephone number:** 8006388194

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

- **a. Name of Series:** Touchstone ETF Trust-Touchstone Strategic Income Opportunities ETF

- **b. EDGAR series identifier (if any):** S000076658

- **c. LEI of Series:** 549300DX1EY5J23AT445

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

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $100287155.38

**Total Liabilities:** $1065903.98

**Net Assets:** $99221251.40

**Cash Not Reported:** $3042134.00

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 130.547096282396 | **1-Year:** 895.799662777510 | **5-Year:** 8881.122330771689 | **10-Year:** 7974.970394548763 | **30-Year:** 5910.615362117642

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

- **3-Month:** 12.151500143019 | **1-Year:** 942.362842391486 | **5-Year:** 4460.886972134212 | **10-Year:** 3645.679727898869 | **30-Year:** 396.162156417477

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000236659 | 0.47%                | 3.75%                | 0.10%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-38329.02               | $-88403.41                                 |
| Month 2  | $-58310.67               | $3276772.84                                |
| Month 3  | $122193.85               | $-441890.41                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Ammc Clo 16 Ltd/Corp                                                                 | AMMC 2015-16A CR2                                                                                                                                      | CUSIP: 00176JAX4<br>LEI: 549300I1YCI83LUUYL82 | Long             | ABS-CBDO         | CORP              | KY        |    900000 | PA      | $873497.70    | 0.88%             | 2029-04-16      | Floating      | 4.43%                 | Yes           |                  2 | On Loan: No      |
| Angola (Republic of)                                                                 | ANGOL 8 11/26/29 144A                                                                                                                                  | CUSIP: 035198AD2<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |    590000 | PA      | $516580.40    | 0.52%             | 2029-11-26      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Egypt (Arab Republic of)                                                             | EGYPT 8.5 01/31/47 144A                                                                                                                                | CUSIP: 038461AM1<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |    610000 | PA      | $405452.36    | 0.41%             | 2047-01-31      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| BBCMS MORTGAGE TRUST 2022-C17                                                        | BBCMS 2022-C17 XD                                                                                                                                      | CUSIP: 054976AM7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $408010.00    | 0.41%             | 2055-09-17      | Floating      | 3.04%                 | Yes           |                  2 | On Loan: No      |
| Bahamas (Commonwealth of)                                                            | BAHAMA 6 11/21/28 144A                                                                                                                                 | CUSIP: 056732AJ9<br>LEI: 549300W13SXC7EKNJC20 | Long             | DBT              | NUSS              | BS        |    350000 | PA      | $266912.89    | 0.27%             | 2028-11-21      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Bank of Nova Scotia                                                                  | BNS V3.625 10/27/81 2                                                                                                                                  | CUSIP: 0641598N9<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    826000 | PA      | $602567.18    | 0.61%             | 2081-10-27      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Barclays PLC                                                                         | BACR V2.894 11/24/32                                                                                                                                   | CUSIP: 06738EBV6<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    831000 | PA      | $635349.61    | 0.64%             | 2032-11-24      | Fixed         | 2.89%                 | No            |                  2 | On Loan: No      |
| Braskem Netherlands Finance B V                                                      | BRASKM 5.875 01/31/50 144A                                                                                                                             | CUSIP: 10554TAE5<br>LEI: 2549000TLMHFQ74DS330 | Long             | DBT              | CORP              | NL        |    890000 | PA      | $689406.46    | 0.69%             | 2050-01-31      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| British Telecommunications PLC                                                       | BRITEL 5.125 12/04/28                                                                                                                                  | CUSIP: 111021AL5<br>LEI: 549300OWFMSO9NYV4H90 | Long             | DBT              | CORP              | GB        |    472000 | PA      | $459137.66    | 0.46%             | 2028-12-04      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| British Telecommunications PLC                                                       | BRITEL 3.25 11/08/29 144A                                                                                                                              | CUSIP: 11102AAE1<br>LEI: 549300OWFMSO9NYV4H90 | Long             | DBT              | CORP              | GB        |    341000 | PA      | $291300.97    | 0.29%             | 2029-11-08      | Fixed         | 3.25%                 | Yes           |                  2 | On Loan: No      |
| Can-Pack SA & Eastern PA LAnd Investment Holding LLC                                 | CANPCK 3.125 11/01/25 144A                                                                                                                             | CUSIP: 13805AAA5<br>LEI: 259400TS8W5E4ILGVP08 | Long             | DBT              | CORP              | PL        |    381000 | PA      | $333824.60    | 0.34%             | 2025-11-01      | Fixed         | 3.12%                 | Yes           |                  2 | On Loan: No      |
| Cenovus Energy Inc                                                                   | CVECN 5.25 06/15/37                                                                                                                                    | CUSIP: 15135UAP4<br>LEI: 549300F4XPHJ7NOSP309 | Long             | DBT              | CORP              | CA        |    502000 | PA      | $459353.92    | 0.46%             | 2037-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Chile (Republic of)                                                                  | CHILE 3.1 05/07/41                                                                                                                                     | CUSIP: 168863DS4<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |    350000 | PA      | $250941.65    | 0.25%             | 2041-05-07      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Cimpress PLC                                                                         | CMPR 7 06/15/26 144A                                                                                                                                   | CUSIP: 17186HAC6<br>LEI: 549300X1IFD75XISOR81 | Long             | DBT              | CORP              | IE        |    415000 | PA      | $286889.50    | 0.29%             | 2026-06-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Colombia (Republic of)                                                               | COLOM 3.25 04/22/32                                                                                                                                    | CUSIP: 195325DZ5<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    450000 | PA      | $327156.74    | 0.33%             | 2032-04-22      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Connect Finco SARL/Connect US Finco LLC                                              | ISATLN 6.75 10/01/26 144A                                                                                                                              | CUSIP: 20752TAA2<br>LEI: 2594001KNYIQ456J2792 | Long             | DBT              | CORP              | LU        |    362000 | PA      | $335486.95    | 0.34%             | 2026-10-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Coruripe Netherlands BV                                                              | CORURI 10 02/10/27 144A                                                                                                                                | CUSIP: 22088DAA8<br>LEI: 724500EL5MDC9RD0FW48 | Long             | DBT              | CORP              | NL        |    285000 | PA      | $228000.00    | 0.23%             | 2027-02-10      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| Dominican Republic                                                                   | DOMREP 4.875 09/23/32 144A                                                                                                                             | CUSIP: 25714PEF1<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    550000 | PA      | $456541.26    | 0.46%             | 2032-09-23      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| Eskom Holdings SOC Limited                                                           | ESKOM 8.45 08/10/28 144A                                                                                                                               | CUSIP: 29646AAD8<br>LEI: 3789001900ED06F65111 | Long             | DBT              | CORP              | ZA        |    450000 | PA      | $394022.70    | 0.40%             | 2028-08-10      | Fixed         | 8.45%                 | Yes           |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | CAS 2017-C06 1B1                                                                                                                                       | CUSIP: 30711XQW7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |   1000000 | PA      | $1029533.10   | 1.04%             | 2030-02-25      | Floating      | 8.17%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Stacr Remic Trust                                                        | STACR 2022-DNA3 M1B                                                                                                                                    | CUSIP: 35564KUX5<br>LEI: N/A                  | Long             | ABS-O            | USGSE             | US        |   1000000 | PA      | $988132.90    | 1.00%             | 2042-04-25      | Floating      | 6.42%                 | Yes           |                  2 | On Loan: No      |
| Gabonese (Republic of)                                                               | GABON 6.625 02/06/31 144A                                                                                                                              | CUSIP: 362420AD3<br>LEI: 213800XA7X746GRPXA35 | Long             | DBT              | NUSS              | GA        |    290000 | PA      | $236785.00    | 0.24%             | 2031-02-06      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| General Motors Financial Company Inc                                                 | GM 3.1 01/12/32                                                                                                                                        | CUSIP: 37045XDS2<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   1173000 | PA      | $922368.27    | 0.93%             | 2032-01-12      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Genesis Energy L.P.                                                                  | GEL 5.625 06/15/24                                                                                                                                     | CUSIP: 37185LAF9<br>LEI: 549300VJ5D6MDK138782 | Long             | DBT              | CORP              | US        |    218000 | PA      | $210368.81    | 0.21%             | 2024-06-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Genesis Energy L.P.                                                                  | GEL 6.5 10/01/25                                                                                                                                       | CUSIP: 37185LAJ1<br>LEI: 549300VJ5D6MDK138782 | Long             | DBT              | CORP              | US        |    158000 | PA      | $150067.91    | 0.15%             | 2025-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| GENM Capital Labuan Ltd.                                                             | GENMMK 3.882 04/19/31 144A                                                                                                                             | CUSIP: 37231BAA6<br>LEI: 254900DWSHIWTSE0YG58 | Long             | DBT              | CORP              | MY        |    525000 | PA      | $393332.42    | 0.40%             | 2031-04-19      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| Ghana (Republic of)                                                                  | GHANA 8.627 06/16/49 144A                                                                                                                              | CUSIP: 374422AH6<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |    580000 | PA      | $199810.00    | 0.20%             | 2049-06-16      | Fixed         | 8.63%                 | Yes           |                  2 | On Loan: No      |
| Golub Capital BDC Inc.                                                               | GBDC 2.05 02/15/27                                                                                                                                     | CUSIP: 38173MAC6<br>LEI: 2549005WE0QLGK9APF78 | Long             | DBT              | CORP              | US        |    898000 | PA      | $731247.79    | 0.74%             | 2027-02-15      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| Granite US Holdings Corp.                                                            | HOWDEN 11 10/01/27 144A                                                                                                                                | CUSIP: 38748YAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    453000 | PA      | $477348.75    | 0.48%             | 2027-10-01      | Fixed         | 11.00%                | Yes           |                  2 | On Loan: No      |
| Gray Escrow II Inc.                                                                  | GTN 5.375 11/15/31 144A                                                                                                                                | CUSIP: 389286AA3<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |    374000 | PA      | $269523.10    | 0.27%             | 2031-11-15      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| Hilcorp Energy I L.P/Hilcorp Finance Co                                              | HILCRP 6 02/01/31 144A                                                                                                                                 | CUSIP: 431318AV6<br>LEI: 549300ITPIHLG0LHEC09 | Long             | DBT              | CORP              | US        |    382000 | PA      | $329497.42    | 0.33%             | 2031-02-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| HudBay Minerals Inc                                                                  | HBMCN 4.5 04/01/26 144A                                                                                                                                | CUSIP: 443628AJ1<br>LEI: 549300WI524AL577IX21 | Long             | DBT              | CORP              | CA        |    116000 | PA      | $105367.40    | 0.11%             | 2026-04-01      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Icahn Enterprises, L.P. / Icahn Enterprises Finance Corporation                      | IEP 5.25 05/15/27                                                                                                                                      | CUSIP: 451102BZ9<br>LEI: 549300T0G4GS0SINS786 | Long             | DBT              | CORP              | US        |    422000 | PA      | $386383.20    | 0.39%             | 2027-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Imperial Brands Finance Plc                                                          | IMBLN 3.5 07/26/26 144A                                                                                                                                | CUSIP: 45262BAB9<br>LEI: 2138008L3B3MCG1DFS50 | Long             | DBT              | CORP              | GB        |    831000 | PA      | $764653.89    | 0.77%             | 2026-07-26      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| Iron Mountain Incorporated                                                           | IRM 4.875 09/15/27 144A                                                                                                                                | CUSIP: 46284VAC5<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |    383000 | PA      | $352206.80    | 0.35%             | 2027-09-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| Jbs Usa Lux SA/Jbs Usa Food Company/Jbs Usa Finance Inc                              | JBSSBZ 6.5 12/01/52 144A                                                                                                                               | CUSIP: 46590XAJ5<br>LEI: P77IMDGVZE8EFBTF2M92 | Long             | DBT              | CORP              | LU        |    571000 | PA      | $543344.36    | 0.55%             | 2052-12-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                                 | JPM V5.717 09/14/33                                                                                                                                    | CUSIP: 46647PDK9<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    650000 | PA      | $639171.31    | 0.64%             | 2033-09-14      | Fixed         | 5.72%                 | No            |                  2 | On Loan: No      |
| Mc Brazil Downstream Trading Sarl                                                    | MCBRAC 7.25 06/30/31 144A                                                                                                                              | CUSIP: 55292WAA8<br>LEI: 213800T2A7R9TYNXZI63 | Long             | DBT              | CORP              | LU        |    430000 | PA      | $354679.09    | 0.36%             | 2031-06-30      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| Magallanes Inc.                                                                      | WBD 4.279 03/15/32 144A                                                                                                                                | CUSIP: 55903VAL7<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    168000 | PA      | $138578.19    | 0.14%             | 2032-03-15      | Fixed         | 4.28%                 | Yes           |                  2 | On Loan: No      |
| Magallanes Inc.                                                                      | WBD 5.141 03/15/52 144A                                                                                                                                | CUSIP: 55903VAQ6<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    727000 | PA      | $531085.95    | 0.54%             | 2052-03-15      | Fixed         | 5.14%                 | Yes           |                  2 | On Loan: No      |
| Pediatrix Medical Group Inc                                                          | MD 5.375 02/15/30 144A                                                                                                                                 | CUSIP: 58502BAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    368000 | PA      | $319780.59    | 0.32%             | 2030-02-15      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| Micron Technology Inc.                                                               | MU 2.703 04/15/32                                                                                                                                      | CUSIP: 595112BS1<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |    589000 | PA      | $444002.11    | 0.45%             | 2032-04-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Micron Technology Inc.                                                               | MU 6.75 11/01/29                                                                                                                                       | CUSIP: 595112BV4<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |    258000 | PA      | $262968.66    | 0.27%             | 2029-11-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Midas Opco Holdings LLC                                                              | STGW 5.625 08/15/29 144A                                                                                                                               | CUSIP: 59565JAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    330000 | PA      | $272111.40    | 0.27%             | 2029-08-15      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| Mohawk Industries, Inc.                                                              | MHK 3.625 05/15/30                                                                                                                                     | CUSIP: 608190AL8<br>LEI: 549300JI1115MG3Q6322 | Long             | DBT              | CORP              | US        |    783000 | PA      | $676507.13    | 0.68%             | 2030-05-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: —       |
| Morgan Stanley                                                                       | MS V5.297 04/20/37                                                                                                                                     | CUSIP: 61747YES0<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    538000 | PA      | $493522.07    | 0.50%             | 2037-04-20      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Mozart Debt Merger Subordinated Inc.                                                 | MEDIND 3.875 04/01/29 144A                                                                                                                             | CUSIP: 62482BAA0<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |    361000 | PA      | $290561.68    | 0.29%             | 2029-04-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| Murphy Oil Corporation                                                               | MUR 6.375 07/15/28                                                                                                                                     | CUSIP: 626717AN2<br>LEI: QBKYQD0ODE7DC7PDIN91 | Long             | DBT              | CORP              | US        |    536000 | PA      | $515927.26    | 0.52%             | 2028-07-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Mylan Inc                                                                            | VTRS 4.55 04/15/28                                                                                                                                     | CUSIP: 628530BK2<br>LEI: 30ZMPDNA1RHIBH89C294 | Long             | DBT              | CORP              | US        |    569000 | PA      | $527994.49    | 0.53%             | 2028-04-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| NGPL Pipe Co LLC                                                                     | NGPLCO 7.768 12/15/37 144A                                                                                                                             | CUSIP: 62912XAC8<br>LEI: 549300K3NT1HSQFEM073 | Long             | DBT              | CORP              | US        |    596000 | PA      | $622675.46    | 0.63%             | 2037-12-15      | Fixed         | 7.77%                 | Yes           |                  2 | On Loan: No      |
| Nigeria (Federal Republic of)                                                        | NGERIA 7.625 11/28/47 144A                                                                                                                             | CUSIP: 65412JAB9<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |    490000 | PA      | $314393.80    | 0.32%             | 2047-11-28      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| Oshkosh Corporation                                                                  | OSK 3.1 03/01/30                                                                                                                                       | CUSIP: 688225AH4<br>LEI: 549300FEKNPCFSA2B506 | Long             | DBT              | CORP              | US        |    782000 | PA      | $661555.37    | 0.67%             | 2030-03-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| PNC Capital Trust C                                                                  | PNC F 06/01/28                                                                                                                                         | CUSIP: 69349AAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    611000 | PA      | $563270.37    | 0.57%             | 2028-06-01      | Floating      | 5.33%                 | No            |                  2 | On Loan: No      |
| PPL Capital Funding Inc.                                                             | PPL V0 03/30/67 A                                                                                                                                      | CUSIP: 69352PAC7<br>LEI: 549300MROK5WY0D2NU17 | Long             | DBT              | CORP              | US        |    658000 | PA      | $565551.00    | 0.57%             | 2067-03-30      | Floating      | 7.39%                 | No            |                  2 | On Loan: No      |
| PT Freeport Indonesia                                                                | FRIDPT 5.315 04/14/32 144A                                                                                                                             | CUSIP: 69377FAB2<br>LEI: 549300T4HTQHRKLNE619 | Long             | DBT              | CORP              | ID        |    500000 | PA      | $458617.14    | 0.46%             | 2032-04-14      | Fixed         | 5.32%                 | Yes           |                  2 | On Loan: No      |
| Pacific Gas and Electric Company                                                     | PCG 2.5 02/01/31                                                                                                                                       | CUSIP: 694308JG3<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    598000 | PA      | $467269.63    | 0.47%             | 2031-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Parkland Corporation                                                                 | PKICN 4.5 10/01/29 144A                                                                                                                                | CUSIP: 70137WAG3<br>LEI: 549300Q72GWZCL8MQC95 | Long             | DBT              | CORP              | CA        |    371000 | PA      | $309558.63    | 0.31%             | 2029-10-01      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Pemex Project Funding Master Trust                                                   | PEMEX 6.625 06/15/35                                                                                                                                   | CUSIP: 706451BG5<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | NUSS              | MX        |    770000 | PA      | $558943.54    | 0.56%             | 2035-06-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Precision Drilling Corporation                                                       | PDCN 6.875 01/15/29 144A                                                                                                                               | CUSIP: 740212AM7<br>LEI: 549300WF2OE8T5BP4B84 | Long             | DBT              | CORP              | CA        |    371000 | PA      | $345403.50    | 0.35%             | 2029-01-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| Prudential Financial, Inc.                                                           | PRU V5.125 03/01/52                                                                                                                                    | CUSIP: 744320BJ0<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |    604000 | PA      | $549640.00    | 0.55%             | 2052-03-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                             | AT&T Inc COM USD1                                                                                                                                      | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |     20709 | NS      | $381252.69    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| The Allstate Corporation                                                             | ALL V5.75 08/15/53 B                                                                                                                                   | CUSIP: 020002BB6<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | DBT              | CORP              | US        |    800000 | PA      | $752000.00    | 0.76%             | 2053-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| QVC, Inc.                                                                            | QVCN 4.375 09/01/28                                                                                                                                    | CUSIP: 747262AZ6<br>LEI: 549300WBLU5NKPX5X472 | Long             | DBT              | CORP              | US        |    415000 | PA      | $247962.50    | 0.25%             | 2028-09-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| RHP Hotel Properties LP / RHP Finance Corporation                                    | RHP 4.5 02/15/29 144A                                                                                                                                  | CUSIP: 749571AG0<br>LEI: 549300SJMSMA2471GA96 | Long             | DBT              | CORP              | US        |    421000 | PA      | $363151.88    | 0.37%             | 2029-02-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Reynolds Group Issuer Llc / Reynolds Group Issuer Inc                                | PTVE 4 10/15/27 144A                                                                                                                                   | CUSIP: 76174LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    434000 | PA      | $384675.13    | 0.39%             | 2027-10-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Royal Caribbean Group                                                                | RCL 5.375 07/15/27 144A                                                                                                                                | CUSIP: 780153BK7<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    395000 | PA      | $319831.88    | 0.32%             | 2027-07-15      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| SBA Tower Trust                                                                      | SBATOW 6.599 01/15/28 144A                                                                                                                             | CUSIP: 78403DAZ3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    703000 | PA      | $705230.76    | 0.71%             | 2052-11-15      | Fixed         | 6.60%                 | Yes           |                  2 | On Loan: No      |
| American Axle & Manufacturing, Inc.                                                  | AXL 6.5 04/01/27                                                                                                                                       | CUSIP: 02406PAU4<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | DBT              | CORP              | US        |    425000 | PA      | $383434.99    | 0.39%             | 2027-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Amsted Industries Incorporated                                                       | AMSIND 4.625 05/15/30 144A                                                                                                                             | CUSIP: 032177AJ6<br>LEI: N2VLGYMEEBIU3PFSUY86 | Long             | DBT              | CORP              | US        |    367000 | PA      | $312867.50    | 0.32%             | 2030-05-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| Arches Buyer Inc                                                                     | ACOM 4.25 06/01/28 144A                                                                                                                                | CUSIP: 039524AA1<br>LEI: 2549009ADY4208OH2Y47 | Long             | DBT              | CORP              | US        |    379000 | PA      | $296416.43    | 0.30%             | 2028-06-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| Bank of America Corporation                                                          | Bank of America Corporation COM USD0.01                                                                                                                | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |     10569 | NS      | $350045.28    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Belo Corp.                                                                           | TGNA 7.75 06/01/27                                                                                                                                     | CUSIP: 080555AE5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    155000 | PA      | $151318.75    | 0.15%             | 2027-06-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Sabra Health Care Ltd Partnership / Sabra Capital Corp                               | SBRA 3.9 10/15/29                                                                                                                                      | CUSIP: 78572XAG6<br>LEI: 5493008V2SV0789N9W56 | Long             | DBT              | CORP              | US        |    419000 | PA      | $351454.53    | 0.35%             | 2029-10-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Seaspan Corporation                                                                  | SSW 5.5 08/01/29 144A                                                                                                                                  | CUSIP: 81254UAK2<br>LEI: 5493007Z8Q1H45KT7W98 | Long             | DBT              | CORP              | MH        |    392000 | PA      | $297057.60    | 0.30%             | 2029-08-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Sixth Street Specialty Lending Inc                                                   | TSLX 2.5 08/01/26                                                                                                                                      | CUSIP: 83012AAA7<br>LEI: 549300TX61566GJWCN05 | Long             | DBT              | CORP              | US        |    815000 | PA      | $713831.74    | 0.72%             | 2026-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: —       |
| The Boeing Company                                                                   | BA 5.805 05/01/50                                                                                                                                      | CUSIP: 097023CW3<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    267000 | PA      | $248585.44    | 0.25%             | 2050-05-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Brunswick Corporation                                                                | BC 4.4 09/15/32                                                                                                                                        | CUSIP: 117043AU3<br>LEI: YM4O38W15AX4YLLQKU27 | Long             | DBT              | CORP              | US        |    783000 | PA      | $663241.37    | 0.67%             | 2032-09-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| CCO Holdings, LLC/ CCO Holdings Capital Corp.                                        | CHTR 4.25 02/01/31 144A                                                                                                                                | CUSIP: 1248EPCK7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    597000 | PA      | $478862.66    | 0.48%             | 2031-02-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| CMS Energy Corporation                                                               | CMS V4.75 06/01/50                                                                                                                                     | CUSIP: 125896BU3<br>LEI: 549300IA9XFBAGNIBW29 | Long             | DBT              | CORP              | US        |    727000 | PA      | $628825.40    | 0.63%             | 2050-06-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CSC Holdings, LLC                                                                    | CSCHLD 4.625 12/01/30 144a                                                                                                                             | CUSIP: 126307BD8<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    429000 | PA      | $237046.31    | 0.24%             | 2030-12-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| CQP Holdco LP & Bip-V Chinook Holdco LLC                                             | BLKCQP 5.5 06/15/31                                                                                                                                    | CUSIP: 12657NAA8<br>LEI: 549300LPL012JY5D4B69 | Long             | DBT              | CORP              | US        |    344000 | PA      | $300487.47    | 0.30%             | 2031-06-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| CVS Health Corp                                                                      | CVS 5.05 03/25/48                                                                                                                                      | CUSIP: 126650CZ1<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    519000 | PA      | $468185.42    | 0.47%             | 2048-03-25      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Carriage Services, Inc.                                                              | CSV 4.25 05/15/29 144A                                                                                                                                 | CUSIP: 143905AP2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    385000 | PA      | $305564.26    | 0.31%             | 2029-05-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| Stericycle, Inc.                                                                     | SRCL 3.875 01/15/29 144A                                                                                                                               | CUSIP: 858912AG3<br>LEI: B8PTJH2P0AXSWSMP2136 | Long             | DBT              | CORP              | US        |    363000 | PA      | $316717.50    | 0.32%             | 2029-01-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| STORE Capital Corp.                                                                  | STOR 4.5 03/15/28                                                                                                                                      | CUSIP: 862121AA8<br>LEI: 5493004EA6C9IHDZ7N66 | Long             | DBT              | CORP              | US        |    222000 | PA      | $200558.05    | 0.20%             | 2028-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Celanese US Holdings Llc                                                             | CE 6.165 07/15/27                                                                                                                                      | CUSIP: 15089QAM6<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    781000 | PA      | $771438.27    | 0.78%             | 2027-07-15      | Fixed         | 6.17%                 | No            |                  2 | On Loan: No      |
| Charter Communications Operating, LLC/Charter Communications Operating Capital Corp. | CHTR 6.484 10/23/45                                                                                                                                    | CUSIP: 161175BA1<br>LEI: 549300TPZNMN50BJ3745 | Long             | DBT              | CORP              | US        |    591000 | PA      | $535229.02    | 0.54%             | 2045-10-23      | Fixed         | 6.48%                 | No            |                  2 | On Loan: No      |
| Churchill Downs Inc                                                                  | CHDN 4.75 01/15/28 144A                                                                                                                                | CUSIP: 171484AE8<br>LEI: 529900FODTBQC8MIS994 | Long             | DBT              | CORP              | US        |    413000 | PA      | $369635.00    | 0.37%             | 2028-01-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Citigroup Inc.                                                                       | C V4 PERP W                                                                                                                                            | CUSIP: 172967MU2<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    576000 | PA      | $501765.12    | 0.51%             | N/A             | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| STORE Capital Corp.                                                                  | STOR 4.625 03/15/29                                                                                                                                    | CUSIP: 862121AB6<br>LEI: 5493004EA6C9IHDZ7N66 | Long             | DBT              | CORP              | US        |    258000 | PA      | $231829.34    | 0.23%             | 2029-03-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| SunTrust Capital I                                                                   | TFC F 05/15/27 A                                                                                                                                       | CUSIP: 86787XAA3<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |    832000 | PA      | $771040.62    | 0.78%             | 2027-05-15      | Floating      | 5.28%                 | No            |                  2 | On Loan: No      |
| Clarivate Science Holdings Corp.                                                     | CLVTSC 4.875 07/01/29 144A                                                                                                                             | CUSIP: 18064PAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    372000 | PA      | $316330.20    | 0.32%             | 2029-07-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| Corestates Capital III                                                               | WFC F 02/15/27 144A                                                                                                                                    | CUSIP: 21869MAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    412000 | PA      | $383740.09    | 0.39%             | 2027-02-15      | Floating      | 5.18%                 | Yes           |                  2 | On Loan: No      |
| Coty Inc.                                                                            | COTY 4.75 01/15/29 144A                                                                                                                                | CUSIP: 222070AG9<br>LEI: 549300BO9IWPF3S48F93 | Long             | DBT              | CORP              | US        |    369000 | PA      | $333945.00    | 0.34%             | 2029-01-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Credit Acceptance Corporation of Michigan                                            | CACC 6.625 03/15/26                                                                                                                                    | CUSIP: 225310AM3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    327000 | PA      | $309877.46    | 0.31%             | 2026-03-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| DCP Midstream, LLC                                                                   | DCP V5.85 05/21/43 144A                                                                                                                                | CUSIP: 23311RAH9<br>LEI: VQOHU6HCVU6YY1KUKU03 | Long             | DBT              | CORP              | US        |    408000 | PA      | $398012.16    | 0.40%             | 2043-05-21      | Fixed         | 5.85%                 | Yes           |                  2 | On Loan: No      |
| Dupont De Nemours Inc                                                                | Dupont De Nemours Inc COM USD0.01                                                                                                                      | CUSIP: 26614N102<br>LEI: 5493004JF0SDFLM8GD76 | Long             | EC               | CORP              | US        |      5690 | NS      | $390504.70    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Edison International                                                                 | EIX 4.125 03/15/28                                                                                                                                     | CUSIP: 281020AM9<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |    598000 | PA      | $555713.04    | 0.56%             | 2028-03-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Tegna Inc                                                                            | TGNA 5 09/15/29                                                                                                                                        | CUSIP: 87901JAH8<br>LEI: 549300YC5EDBGX85AO10 | Long             | DBT              | CORP              | US        |    177000 | PA      | $167937.60    | 0.17%             | 2029-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Toll Brothers Finance Corp.                                                          | TOL 3.8 11/01/29                                                                                                                                       | CUSIP: 88947EAU4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    722000 | PA      | $617162.48    | 0.62%             | 2029-11-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Edison International                                                                 | EIX V5 PERP B                                                                                                                                          | CUSIP: 281020AT4<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |    452000 | PA      | $379680.00    | 0.38%             | N/A             | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Exxon Mobil Corporation                                                              | Exxon Mobil Corporation COM NPV                                                                                                                        | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |      3501 | NS      | $386160.30    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Ferguson Finance plc                                                                 | FERGLN 4.65 04/20/32 144A                                                                                                                              | CUSIP: 314890AD6<br>LEI: 2138003A7ZEU931DZL61 | Long             | DBT              | CORP              | GB        |    727000 | PA      | $663827.15    | 0.67%             | 2032-04-20      | Fixed         | 4.65%                 | Yes           |                  2 | On Loan: No      |
| First Maryland Capital II                                                            | MTB F 02/01/27                                                                                                                                         | CUSIP: 32082CAC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    561000 | PA      | $518602.92    | 0.52%             | 2027-02-01      | Floating      | 5.29%                 | No            |                  2 | On Loan: No      |
| Firstenergy Transmission Llc                                                         | FE 5.45 07/15/44 144A                                                                                                                                  | CUSIP: 33767BAA7<br>LEI: 549300AINIIPOLYX2R63 | Long             | DBT              | CORP              | US        |    513000 | PA      | $480025.50    | 0.48%             | 2044-07-15      | Fixed         | 5.45%                 | Yes           |                  2 | On Loan: No      |
| Firstcash Holdings Inc                                                               | FCFS 4.625 09/01/28 144A                                                                                                                               | CUSIP: 33767DAB1<br>LEI: 549300V2X3UU7K0DG350 | Long             | DBT              | CORP              | US        |    230000 | PA      | $201930.97    | 0.20%             | 2028-09-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| Ford Motor Company                                                                   | F 4.75 01/15/43                                                                                                                                        | CUSIP: 345370CQ1<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |    204000 | PA      | $146520.06    | 0.15%             | 2043-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Company LLC                                                        | F 4.125 08/17/27                                                                                                                                       | CUSIP: 345397A86<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    227000 | PA      | $203165.00    | 0.20%             | 2027-08-17      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| FTAI Aviation Ltd                                                                    | FTAI 6.5 10/01/25 144A                                                                                                                                 | CUSIP: 34960PAB7<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | KY        |    458000 | PA      | $430613.36    | 0.43%             | 2025-10-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| GCC, S.A.B. de C.V.                                                                  | GCCAMM 3.614 04/20/32 144A                                                                                                                             | CUSIP: 36165RAC9<br>LEI: 254900WY9XL8033CKX68 | Long             | DBT              | CORP              | MX        |    760000 | PA      | $632500.03    | 0.64%             | 2032-04-20      | Fixed         | 3.61%                 | Yes           |                  2 | On Loan: No      |
| General Electric Company                                                             | GE V0 PERP D                                                                                                                                           | CUSIP: 369604BQ5<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | DBT              | CORP              | US        |    634000 | PA      | $622868.55    | 0.63%             | N/A             | Floating      | 8.10%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc.                                                            | Goldman Sachs Group, Inc. COM USD0.01                                                                                                                  | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |      1036 | NS      | $355741.68    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| International Business Machines Corporation                                          | International Business Machines Corporation COM USD0.20                                                                                                | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |      2668 | NS      | $375894.52    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                                                                    | Johnson & Johnson COM USD1.00                                                                                                                          | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |      2326 | NS      | $410887.90    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Lockheed Martin Corporation                                                          | Lockheed Martin Corporation COM USD1.00                                                                                                                | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |       802 | NS      | $390164.98    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International Inc.                                                     | Philip Morris International Inc. COM NPV                                                                                                               | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |      4457 | NS      | $451092.97    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| The ADT Corporation                                                                  | ADT 4.875 07/15/32 144A                                                                                                                                | CUSIP: 74166NAA2<br>LEI: 5493009JEEDYLVRA0J13 | Long             | DBT              | CORP              | US        |    377000 | PA      | $320385.48    | 0.32%             | 2032-07-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| Raytheon Technologies Corporation                                                    | Raytheon Technologies Corporation COM                                                                                                                  | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |      4080 | NS      | $411753.60    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| The Charles Schwab Corporation                                                       | SCHW V4 PERP H                                                                                                                                         | CUSIP: 808513BJ3<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |    363000 | PA      | $289474.35    | 0.29%             | N/A             | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TransDigm, Inc.                                                                      | TDG 6.25 03/15/26 144A                                                                                                                                 | CUSIP: 893647BE6<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    322000 | PA      | $317553.18    | 0.32%             | 2026-03-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Truist Financial Corporation                                                         | TFC V5.1 PERP Q                                                                                                                                        | CUSIP: 89832QAF6<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |    508000 | PA      | $469900.00    | 0.47%             | N/A             | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| The Charles Schwab Corporation                                                       | SCHW V5 PERP                                                                                                                                           | CUSIP: 808513CB9<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |    363000 | PA      | $331418.45    | 0.33%             | N/A             | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Instruments Incorporated                                                       | Texas Instruments Incorporated COM USD1.00                                                                                                             | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |      2333 | NS      | $385458.26    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Turning Point Brands Inc                                                             | TPB 5.625 02/15/26 144A                                                                                                                                | CUSIP: 90041LAF2<br>LEI: 549300IYG00QF0VVP302 | Long             | DBT              | CORP              | US        |    500000 | PA      | $431254.96    | 0.43%             | 2026-02-15      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| U S Acute Care Solutions LLC                                                         | USACUT 6.375 03/01/26 144A                                                                                                                             | CUSIP: 90367UAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    369000 | PA      | $327459.30    | 0.33%             | 2026-03-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Ukraine (Republic of)                                                                | UKRAIN 7.253 03/15/35 144A                                                                                                                             | CUSIP: 903724BY7<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |    400000 | PA      | $71994.40     | 0.07%             | 2035-03-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| Ulker Biskuvi Sanayi A S                                                             | ULKER 6.95 10/30/25 144A                                                                                                                               | CUSIP: 903742AA2<br>LEI: 7890009HEU9BS7J3DA93 | Long             | DBT              | CORP              | TR        |    450000 | PA      | $377302.50    | 0.38%             | 2025-10-30      | Fixed         | 6.95%                 | Yes           |                  2 | On Loan: No      |
| United Rentals (North America), Inc.                                                 | URI 3.75 01/15/32                                                                                                                                      | CUSIP: 911365BP8<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |    515000 | PA      | $420152.45    | 0.42%             | 2032-01-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                                                         | TII 0.125 02/15/52                                                                                                                                     | CUSIP: 912810TE8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1190000 | PA      | $824904.48    | 0.83%             | 2052-02-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| Uzbekistan (The Republic of)                                                         | UZBEK 3.7 11/25/30 144A                                                                                                                                | CUSIP: 91822Q2C0<br>LEI: 213800L6VDKUM3TCM927 | Long             | DBT              | NUSS              | UZ        |    290000 | PA      | $242303.12    | 0.24%             | 2030-11-25      | Fixed         | 3.70%                 | Yes           |                  2 | On Loan: No      |
| Paramount Global                                                                     | PARA 4.2 05/19/32                                                                                                                                      | CUSIP: 92556HAD9<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    450000 | PA      | $369607.99    | 0.37%             | 2032-05-19      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Weir Group PLC                                                                       | WEIRLN 2.2 05/13/26 144A                                                                                                                               | CUSIP: 94876QAA4<br>LEI: 549300KDR56WHY9I3D10 | Long             | DBT              | CORP              | GB        |    753000 | PA      | $668579.75    | 0.67%             | 2026-05-13      | Fixed         | 2.20%                 | Yes           |                  2 | On Loan: No      |
| WEC Energy Group Inc.                                                                | WEC V0 05/15/67                                                                                                                                        | CUSIP: 976657AH9<br>LEI: 549300IGLYTZUK3PVP70 | Long             | DBT              | CORP              | US        |    844000 | PA      | $706039.76    | 0.71%             | 2067-05-15      | Floating      | 6.72%                 | No            |                  2 | On Loan: No      |
| Wynn Macau Ltd                                                                       | WYNMAC 4.875 10/01/24 144A                                                                                                                             | CUSIP: 98313RAC0<br>LEI: 254900NMDQ8ENTHU1I31 | Long             | DBT              | CORP              | KY        |    529000 | PA      | $499448.90    | 0.50%             | 2024-10-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: —       |
| Minejesa Capital BV                                                                  | MINCAP 4.625 08/10/30 REGS                                                                                                                             | CUSIP: N57445AA1<br>LEI: 549300KS7ERCP10BKC35 | Long             | DBT              | CORP              | NL        |    515000 | PA      | $450728.00    | 0.45%             | 2030-08-10      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| GEMS MENASA (Cayman) Limited & GEMS Education (Delaware) LLC                         | GMSEDA 7.125 07/31/26 REGS                                                                                                                             | CUSIP: G3800LAA0<br>LEI: 213800KB2HCLUSOQ2G49 | Long             | DBT              | CORP              | KY        |    310000 | PA      | $297850.27    | 0.30%             | 2026-07-31      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| Serbia (Republic Of)                                                                 | SERBIA 2.125 12/01/30 REGS                                                                                                                             | CUSIP: X77765CB3<br>LEI: 254900W94OCY91V32O78 | Long             | DBT              | NUSS              | RS        |    400000 | PA      | $286880.00    | 0.29%             | 2030-12-01      | Fixed         | 2.12%                 | Yes           |                  2 | On Loan: No      |
| Ecuador (Republic Of)                                                                | ECUA 5.5 07/31/30 144A                                                                                                                                 | CUSIP: N/A<br>LEI: 5299003Y2U5XK0A35H71       | Long             | DBT              | NUSS              | EC        |    190000 | PA      | $122088.01    | 0.12%             | 2030-07-31      | Variable      | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Ecuador (Republic Of)                                                                | ECUA 2.5 07/31/35 REGS                                                                                                                                 | CUSIP: P8054QBC6<br>LEI: 5299003Y2U5XK0A35H71 | Long             | DBT              | NUSS              | EC        |    420000 | PA      | $193089.98    | 0.19%             | 2035-07-31      | Variable      | 2.50%                 | Yes           |                  2 | On Loan: No      |
| YPF Sociedad Anonima                                                                 | YPFDAR 4 02/12/26 REGS                                                                                                                                 | CUSIP: P989MJBR1<br>LEI: 5493003N7447U18U5U53 | Long             | DBT              | CORP              | AR        |    340000 | PA      | $325550.00    | 0.33%             | 2026-02-12      | Variable      | 4.00%                 | Yes           |                  2 | On Loan: No      |
| OCP SA                                                                               | OCPMR 3.75 06/23/31 REGS                                                                                                                               | CUSIP: V6560AAP7<br>LEI: 213800D26TAPVTCVWG40 | Long             | DBT              | CORP              | MA        |    550000 | PA      | $459800.00    | 0.46%             | 2031-06-23      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST                                                         | BX 2019-XL A                                                                                                                                           | CUSIP: 056054AA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    752659 | PA      | $743379.62    | 0.75%             | 2036-10-15      | Floating      | 4.71%                 | Yes           |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST                                                         | BX 2020-VIV2 C                                                                                                                                         | CUSIP: 05605NAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1250000 | PA      | $979260.75    | 0.99%             | 2044-03-11      | Floating      | 3.54%                 | Yes           |                  2 | On Loan: No      |
| BENCHMARK MORTGAGE TRUST                                                             | BMARK 2020-B18 AGND                                                                                                                                    | CUSIP: 08163ABM4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    800000 | PA      | $679252.88    | 0.68%             | 2053-07-17      | Floating      | 3.74%                 | Yes           |                  2 | On Loan: No      |
| CFIP CLO 2014-1 Ltd./LLC                                                             | CFIP 2014-1A BR                                                                                                                                        | CUSIP: 12528CAQ4<br>LEI: 549300MKTOFNTIBVKV67 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $978926.00    | 0.99%             | 2029-07-13      | Floating      | 4.31%                 | Yes           |                  2 | On Loan: No      |
| Cfip Clo Ltd                                                                         | CFIP 2018-1A D                                                                                                                                         | CUSIP: 12528VAJ8<br>LEI: 549300ILCJC0CVFFPS76 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $884882.00    | 0.89%             | 2031-07-18      | Floating      | 5.98%                 | Yes           |                  2 | On Loan: No      |
| Chc Commercial Mortgage Trust 2019-Chc                                               | CHC 2019-CHC D                                                                                                                                         | CUSIP: 162665AL7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    992505 | PA      | $911946.88    | 0.92%             | 2034-06-15      | Floating      | 5.93%                 | Yes           |                  2 | On Loan: No      |
| CITIGROUP COMMERCIAL MORTGAGE TRUST                                                  | CGCMT 2013-375P C                                                                                                                                      | CUSIP: 17320QAJ8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1125000 | PA      | $1036012.95   | 1.04%             | 2035-05-11      | Floating      | 3.52%                 | Yes           |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                                                  | CGCMT 2014-GC25 D                                                                                                                                      | CUSIP: 17322YAM2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1100000 | PA      | $957288.97    | 0.96%             | 2047-10-11      | Fixed         | 3.55%                 | Yes           |                  2 | On Loan: No      |
| Citigroup ComlMtg                                                                    | CGCMT 2017-P8 D                                                                                                                                        | CUSIP: 17326DAM4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1250000 | PA      | $896761.50    | 0.90%             | 2050-09-16      | Fixed         | 3.00%                 | Yes           |                  2 | On Loan: No      |
| DRIVEN BRANDS FUNDING LLC                                                            | HONK 2020-1A A2                                                                                                                                        | CUSIP: 26209XAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1099688 | PA      | $942763.19    | 0.95%             | 2050-07-20      | Fixed         | 3.79%                 | Yes           |                  2 | On Loan: No      |
| First Republic Bank San Francisco                                                    | First Republic Bank San Francisco DEPOSITARY SHARES, EACH REPRESENTING A 1/40TH INTEREST IN A SHARE OF FIRST REPUBLIC BANK 4.125% NONCUMULATIVE PERPET | CUSIP: 33616C761<br>LEI: YWC0TIKBQM2JV8L4IV08 | Long             | EP               | CORP              | US        |     18000 | NS      | $288000.00    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Focus Brands Funding Llc                                                             | FOCUS 2018-1 A2                                                                                                                                        | CUSIP: 34417QAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1080000 | PA      | $989384.76    | 1.00%             | 2048-10-30      | Fixed         | 5.18%                 | Yes           |                  2 | On Loan: No      |
| FRANKLIN PARK PLACE CLO I LTD                                                        | FPPC 2022-1A B                                                                                                                                         | CUSIP: 35455DAC1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $935881.00    | 0.94%             | 2035-04-16      | Floating      | 0.00%                 | Yes           |                  2 | On Loan: No      |
| GOLUB CAPITAL PARTNERS CLO 25(M)-R LTD                                               | GOCAP 2015-25A BR                                                                                                                                      | CUSIP: 38175NAC2<br>LEI: 254900XWTZJ46JGSP919 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $955122.00    | 0.96%             | 2030-05-05      | Floating      | 4.73%                 | Yes           |                  2 | On Loan: No      |
| CKE Restaurants, Inc.                                                                | HNGRY 2018-1A A2II                                                                                                                                     | CUSIP: 411707AD4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1019738 | PA      | $957555.95    | 0.97%             | 2048-06-20      | Fixed         | 4.96%                 | Yes           |                  2 | On Loan: No      |
| NBC FUNDING LLC                                                                      | BUNDT 2021-1 B                                                                                                                                         | CUSIP: 62878YAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $856073.00    | 0.86%             | 2051-07-31      | Fixed         | 4.97%                 | Yes           |                  2 | On Loan: No      |
| NEIGHBORLY ISSUER LLC                                                                | NBLY 2021-1A A2                                                                                                                                        | CUSIP: 64016NAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1182000 | PA      | $945211.12    | 0.95%             | 2051-04-30      | Fixed         | 3.58%                 | Yes           |                  2 | On Loan: No      |
| PRESTIGE AUTO RECEIVABLES TRUST                                                      | PART 2019-1A E                                                                                                                                         | CUSIP: 74113NAG3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    685000 | PA      | $672422.17    | 0.68%             | 2026-05-15      | Fixed         | 3.90%                 | Yes           |                  2 | On Loan: No      |
| TESLA AUTO LEASE TRUST                                                               | TESLA 2021-A E                                                                                                                                         | CUSIP: 88161FAH9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1075000 | PA      | $1006038.11   | 1.01%             | 2025-03-20      | Fixed         | 2.64%                 | Yes           |                  2 | On Loan: No      |
| United States Treasury Bonds                                                         | T 2.375 02/15/42                                                                                                                                       | CUSIP: 912810TF5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2925000 | PA      | $2249279.31   | 2.27%             | 2042-02-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                                                         | T 3.25 05/15/42                                                                                                                                        | CUSIP: 912810TH1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1285000 | PA      | $1134213.28   | 1.14%             | 2042-05-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                         | T 0.75 05/31/26                                                                                                                                        | CUSIP: 91282CCF6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4950000 | PA      | $4420001.97   | 4.45%             | 2026-05-31      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                         | T 0.5 11/30/23                                                                                                                                         | CUSIP: 91282CDM0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3600000 | PA      | $3463593.77   | 3.49%             | 2023-11-30      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                         | T 2.75 08/15/32                                                                                                                                        | CUSIP: 91282CFF3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8015000 | PA      | $7324958.59   | 7.38%             | 2032-08-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Wf-Rbs Com Mg Tst                                                                    | WFRBS 2013-C13 D                                                                                                                                       | CUSIP: 92937UAJ7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    600000 | PA      | $580636.56    | 0.59%             | 2045-05-17      | Floating      | 4.15%                 | Yes           |                  2 | On Loan: No      |
| ZAXBYS FUNDING LLC                                                                   | ZAXBY 2021-1A A2                                                                                                                                       | CUSIP: 98920MAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    987500 | PA      | $794323.28    | 0.80%             | 2051-07-30      | Fixed         | 3.24%                 | Yes           |                  2 | On Loan: No      |
| Dreyfus Institutional Preferred Government Plus Money Market Fund                    | DREYFUS INST PREF GOVT PLUS-SL                                                                                                                         | CUSIP: 26200T885<br>LEI: N/A                  | Long             | STIV             | RF                | US        |    941841 | NS      | $941841.00    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-24

**Name of Applicant:** Touchstone ETF Trust

**Signature:** Terrie A. Wiedenheft

**Name of Signer:** Terrie A. Wiedenheft

**Title:** Controller & Treasurer