# EDGAR Filing Document

**Accession Number:** 0001545440
**File Stem:** 0000910472-26-009666
**Filing Date:** 2026-6
**Character Count:** 54710
**Document Hash:** 10abad1e8d1ab95635f7c47aa4028b3b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-009666.hdr.sgml**: 20260625

**ACCESSION NUMBER**: 0000910472-26-009666

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260625

**DATE AS OF CHANGE**: 20260625

**PERIOD START**: 20261031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Ultimus Managers Trust
- **CENTRAL INDEX KEY:** 0001545440

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** OH

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22680
- **FILM NUMBER:** 261118700

**BUSINESS ADDRESS:**
- **STREET 1:** 225 PICTORIA DRIVE
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246
- **BUSINESS PHONE:** 513-587-3400

**MAIL ADDRESS:**
- **STREET 1:** 225 PICTORIA DRIVE
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246

## Series and Classes Contracts Data

### Westwood Alternative Income Fund (Series ID: S000072839)

| Class ID   | Class Name                                            | Ticker Symbol   |
|:---|:---|:---|
| C000229465 | Westwood Alternative Income Fund Ultra Shares         | WMNUX           |
| C000229466 | Westwood Alternative Income Fund Institutional Shares | WMNIX           |
| C000229467 | Westwood Alternative Income Fund A Class Shares       | WMNAX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Ultimus Managers Trust

- **b. Investment Company Act file number:** 811-22680

- **c. CIK number of Registrant:** 0001545440

- **d. LEI of Registrant:** 549300FU214TAR7BFY91

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

  - **Street Address 1:** 225 Pictoria Drive

  - **City:** Cincinnati

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 45246

  - **Telephone number:** 513-587-3400

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

- **a. Name of Series:** WESTWOOD ALTERNATIVE INCOME FUND

- **b. EDGAR series identifier (if any):** S000072839

- **c. LEI of Series:** 549300ODTU016FPTQP22

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

- **a. Date of fiscal year-end:** 2026-10-31

- **b. Date as of which information is reported:** 2026-04-30

**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:** $250647482.39

**Total Liabilities:** $90680619.30

**Net Assets:** $159966863.09

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.00000000 | **1-Year:** 853.43048321 | **5-Year:** 2108.50314083 | **10-Year:** 6.21288588 | **30-Year:** 0.00000000

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

- **3-Month:** 14.75386296 | **1-Year:** 1031.95330680 | **5-Year:** 1379.21431973 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000229465 | 0.66%                | -0.35%               | 1.34%                |
| Class ID C000229466 | 0.65%                | -0.35%               | 1.43%                |
| Class ID C000229467 | 0.55%                | -0.37%               | 1.42%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $5017017.35              | $-3220951.07                               |
| Month 2  | $0.00                    | $-3790652.31                               |
| Month 3  | $3777994.44              | $9764009.93                                |

**Designated Index Information**

- **Index Name:** WESTWOOD ALT INCOME DRP

- **Index Identifier:** WESTWOOD ALT INCOME DRP

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| BNP Paribas                             | Tandem Diabetes                                                    | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -28900 | NC      | $-2456.50     | -0.00%            |  |  |  | No            | N/A                | On Loan: No      |
| CENTRUS ENERGY CORP                     | Centrus Energy Corp 0%, Due 8/15/2032                              | CUSIP: 15643UAF1<br>LEI: 549300G6VDK9G8276661 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1548625.00   | 0.97%             | 2032-08-15      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| BNP Paribas                             | Tetra Tech Inc                                                     | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -32100 | NC      | $-19792.97    | -0.01%            |  |  |  | No            | N/A                | On Loan: No      |
| BNP Paribas                             | Advanced Energy Industries Inc                                     | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -15500 | NC      | $-140692.50   | -0.09%            |  |  |  | No            | N/A                | On Loan: No      |
| DATADOG INC                             | Datadog Inc 0%, Due 12/01/2029                                     | CUSIP: 23804LAD5<br>LEI: 549300F6JNO0KRPO1K63 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2513750.00   | 1.57%             | 2029-12-01      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| ORMAT TECHNOLOGIES INC                  | Ormat Technologies, Inc. 2.500%, Due 07/15/2027                    | CUSIP: 686688AB8<br>LEI: 5493000TSHHWY24VHM09 | Long             | DBT              | CORP              | US        |   1750000 | PA      | $2337300.00   | 1.46%             | 2027-07-15      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| BNP Paribas                             | Akamai Technologies, Inc.                                          | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -22400 | NC      | $-201301.01   | -0.13%            |  |  |  | No            | N/A                | On Loan: No      |
| BNP Paribas                             | AeroVironment Inc                                                  | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -1800 | NC      | $6609.50      | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| NORTHERN OIL & GAS INC                  | Northern Oil and Gas Inc 3.625%, Due 04/15/29                      | CUSIP: 665531AJ8<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | DBT              | CORP              | US        |   2900000 | PA      | $3074000.00   | 1.92%             | 2029-04-15      | Fixed         | 3.62%                 | No            | 2                  | On Loan: No      |
| BNP Paribas                             | Synaptics Inc                                                      | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -13800 | NC      | $-218365.07   | -0.14%            |  |  |  | No            | N/A                | On Loan: No      |
| BNP Paribas                             | Etsy, Inc.                                                         | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -6700 | NC      | $-42482.07    | -0.03%            |  |  |  | No            | N/A                | On Loan: No      |
| BNP Paribas                             | Northern Oil and Gas, Inc.                                         | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -39700 | NC      | $-49805.26    | -0.03%            |  |  |  | No            | N/A                | On Loan: No      |
| BNP Paribas                             | Nutanix Inc                                                        | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -12200 | NC      | $-31446.23    | -0.02%            |  |  |  | No            | N/A                | On Loan: No      |
| PARSONS CORP                            | Parsons Corp 2.625% Due 03/01/2029                                 | CUSIP: 70202LAD4<br>LEI: 549300ZXH0VRBSEPX752 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2946000.00   | 1.84%             | 2029-03-01      | Fixed         | 2.62%                 | No            | 2                  | On Loan: No      |
| BNP Paribas                             | Nebius Group NV                                                    | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -8100 | NC      | $53576.94     | 0.03%             |  |  |  | No            | N/A                | On Loan: No      |
| DIGITALOCEAN HOLDINGS INC               | DigitalOcean Holdings Inc 0%, Due 08/15/2030                       | CUSIP: 25402DAC6<br>LEI: 549300EPISPY3RE3DL21 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $5153000.00   | 3.22%             | 2030-08-15      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| BNP Paribas                             | The Chefs' Warehouse Inc.                                          | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -27900 | NC      | $-363302.78   | -0.23%            |  |  |  | No            | N/A                | On Loan: No      |
| BNP Paribas                             | Itron, Inc.                                                        | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -11100 | NC      | $154109.21    | 0.10%             |  |  |  | No            | N/A                | On Loan: No      |
| LIBERTY MEDIA CORP                      | Liberty Media Corp - Liberty Formula One 2.250%, Due 08/15/2027    | CUSIP: 531229AQ5<br>LEI: 549300ZKUTPIBZLWLL89 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1752000.00   | 1.10%             | 2027-08-15      | Fixed         | 2.25%                 | No            | 2                  | On Loan: No      |
| BNP Paribas                             | Cipher Mining Inc                                                  | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -47800 | NC      | $13607.34     | 0.01%             |  |  |  | No            | N/A                | On Loan: No      |
| GLOBAL PAYMENTS INC                     | Global Payments Inc 1.5% Due 3/1/2031                              | CUSIP: 37940XAU6<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3141250.00   | 1.96%             | 2031-03-01      | Fixed         | 1.50%                 | No            | 2                  | On Loan: No      |
| MPT OPERATING PARTNERSHIP LP            | MPT Operating Partnership LP / MPT Finance Corp 8.5% Due 2/15/2032 | CUSIP: 55342UAQ7<br>LEI: WUQXXXF7PXTUPGROE843 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1038865.00   | 0.65%             | 2032-02-15      | Fixed         | 8.50%                 | Yes           | 2                  | On Loan: No      |
| BNP Paribas                             | The Cheesecake Factory Inc.                                        | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -16400 | NC      | $-21792.53    | -0.01%            |  |  |  | No            | N/A                | On Loan: No      |
| ON SEMICONDUCTOR CORP                   | ON Semiconductor Corporation 0.500%, Due 03/01/2029                | CUSIP: 682189AU9<br>LEI: ZV20P4CNJVT8V1ZGJ064 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $4263000.00   | 2.66%             | 2029-03-01      | Fixed         | 0.50%                 | No            | 2                  | On Loan: No      |
| VISHAY INTERTECHNOLOGY INC              | Vishay Intertechnology Inc 2.250%, Due 09/15/30                    | CUSIP: 928298AR9<br>LEI: 5493009O8F3QQJTCQR75 | Long             | DBT              | CORP              | US        |    500000 | PA      | $605750.00    | 0.38%             | 2030-09-15      | Fixed         | 2.25%                 | No            | 2                  | On Loan: No      |
| BNP Paribas                             | Granite Construction Inc                                           | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -22130 | NC      | $-246032.39   | -0.15%            |  |  |  | No            | N/A                | On Loan: No      |
| MICROCHIP TECHNOLOGY INC                | Microchip Technology Inc 0%, Due 2/15/2030                         | CUSIP: 595017BM5<br>LEI: 5493007PTFULNYZJ1R12 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3998750.00   | 2.50%             | 2030-02-15      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| BNP Paribas                             | BWX Tech Inc                                                       | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -5700 | NC      | $127433.74    | 0.08%             |  |  |  | No            | N/A                | On Loan: No      |
| LIGAND PHARMACEUTICALS INC              | Ligand Pharmaceuticals Inc 0.75%, Due 10/01/2030                   | CUSIP: 53220KAG3<br>LEI: 5493008K7TB0IKP37H79 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2681600.00   | 1.68%             | 2030-10-01      | Fixed         | 0.75%                 | Yes           | 2                  | On Loan: No      |
| JD.COM INC                              | JD.com Inc 0.25% Due 06/01/2029                                    | CUSIP: 47215PAJ5<br>LEI: 549300HVTWB0GJZ16V92 | Long             | DBT              | CORP              | KY        |   2500000 | PA      | $2546250.00   | 1.59%             | 2029-06-01      | Fixed         | 0.25%                 | No            | 2                  | On Loan: No      |
| CIPHER DIGITAL INC                      | Cipher Mining Inc 0.0%, Due 10/01/2031                             | CUSIP: 17253JAB2<br>LEI: 254900QABG5HCQZ28A17 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1387500.00   | 0.87%             | 2031-10-01      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| BNP Paribas                             | Cloudflare Inc.                                                    | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -6200 | NC      | $-90392.25    | -0.06%            |  |  |  | No            | N/A                | On Loan: No      |
| BNP Paribas                             | UBER TECHNOLOGIES                                                  | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -18000 | NC      | $49966.68     | 0.03%             |  |  |  | No            | N/A                | On Loan: No      |
| CHEESECAKE FACTORY INC (THE)            | Cheesecake Factory Inc/The 2%, Due 03/15/2030                      | CUSIP: 163072AC5<br>LEI: 529900872XMLK10SY247 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2204000.00   | 1.38%             | 2030-03-15      | Fixed         | 2.00%                 | No            | 2                  | On Loan: No      |
| WELLTOWER OP LLC                        | Welltower OP LLC 3.125%, Due 7/15/2029                             | CUSIP: 95041AAD0<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $2595750.00   | 1.62%             | 2029-07-15      | Fixed         | 3.12%                 | Yes           | 2                  | On Loan: No      |
| ZOETIS INC                              | Zoetis Inc 0.25%, Due 6/15/2029                                    | CUSIP: 98978VAY9<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1482750.00   | 0.93%             | 2029-06-15      | Fixed         | 0.25%                 | Yes           | 2                  | On Loan: No      |
| CELANESE US HOLDINGS LLC                | Celanese US Holdings LLC 6.350%, due 11/15/28                      | CUSIP: 15089QAW4<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    571000 | PA      | $597216.32    | 0.37%             | 2028-11-15      | Fixed         | 6.85%                 | No            | 2                  | On Loan: No      |
| POST HOLDINGS INC                       | Post Holdings Inc. 2.500, Due 08/15/27                             | CUSIP: 737446AT1<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1677000.00   | 1.05%             | 2027-08-15      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| AEROVIRONMENT INC                       | AeroVironment Inc 0.0%, Due 7/15/2030                              | CUSIP: 008073AA6<br>LEI: 529900PGHVI29YLZ6221 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1014500.00   | 0.63%             | 2030-07-15      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| BNP Paribas                             | Evergy Inc                                                         | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -13100 | NC      | $-15565.87    | -0.01%            |  |  |  | No            | N/A                | On Loan: No      |
| BNP Paribas                             | Solaris Energy                                                     | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -34500 | NC      | $-265631.62   | -0.17%            |  |  |  | No            | N/A                | On Loan: No      |
| BNP Paribas                             | Lantheus Holdings Inc                                              | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -7500 | NC      | $-4237.09     | -0.00%            |  |  |  | No            | N/A                | On Loan: No      |
| DROPBOX INC                             | Dropbox Inc. 0.000%, Due 03/01/28                                  | CUSIP: 26210CAD6<br>LEI: 549300JCDF7UAR6TJR51 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $968500.00    | 0.61%             | 2028-03-01      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| ITRON INC                               | Itron Inc 0%, Due 3/15/2032                                        | CUSIP: 465741AR7<br>LEI: 24F6LSZD18II6ICG6S41 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1874000.00   | 1.17%             | 2032-03-15      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| BNP Paribas                             | Check Point SW                                                     | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -2000 | NC      | $44920.04     | 0.03%             |  |  |  | No            | N/A                | On Loan: No      |
| BNP Paribas                             | Parsons Corp                                                       | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -12200 | NC      | $76097.99     | 0.05%             |  |  |  | No            | N/A                | On Loan: No      |
| BNP Paribas                             | CMS Energy Corp                                                    | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -15900 | NC      | $13454.62     | 0.01%             |  |  |  | No            | N/A                | On Loan: No      |
| CLOUDFLARE INC                          | Cloudflare Inc 0%, Due 06/15/2030                                  | CUSIP: 18915MAE7<br>LEI: 5493007DY18BGNLDWU14 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2871240.33   | 1.79%             | 2030-06-15      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| BNP Paribas                             | MACOM Technology                                                   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -7000 | NC      | $-140644.20   | -0.09%            |  |  |  | No            | N/A                | On Loan: No      |
| ADVANCED ENERGY INDUSTRIES INC          | Advanced Energy Industries Inc 2.500%, Due 09/15/28                | CUSIP: 007973AE0<br>LEI: 549300756XI3QLFT2U27 | Long             | DBT              | CORP              | US        |   2250000 | PA      | $6406650.00   | 4.00%             | 2028-09-15      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| SERVICE PROPERTIES TRUST                | Service Properties Trust 8.625% Due 11/15/2031                     | CUSIP: 81761LAC6<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1159390.10   | 0.72%             | 2031-11-15      | Fixed         | 8.62%                 | Yes           | 2                  | On Loan: No      |
| BNP Paribas                             | Live Nation Entertainment, Inc.                                    | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -7800 | NC      | $-37295.71    | -0.02%            |  |  |  | No            | N/A                | On Loan: No      |
| SOLARIS ENERGY INFRASTRUCTURE INC       | Solaris Energy Infrastructure Inc 0.25%, Due 10/01/2031            | CUSIP: 83419XAB4<br>LEI: 529900MTK3C8Y8TIIC10 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $3818750.00   | 2.39%             | 2031-10-01      | Fixed         | 0.25%                 | No            | 2                  | On Loan: No      |
| BNP Paribas                             | Ormat Technologies, Inc.                                           | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -13500 | NC      | $-12609.01    | -0.01%            |  |  |  | No            | N/A                | On Loan: No      |
| GRANITE CONSTRUCTION INC                | Granite Construction Inc 3.25% Due 06/15/2030                      | CUSIP: 387328AF4<br>LEI: 549300OM4BWMCIXVCZ39 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $3680000.00   | 2.30%             | 2030-06-15      | Fixed         | 3.25%                 | No            | 2                  | On Loan: No      |
| BNP Paribas                             | Centrus Energy                                                     | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -4300 | NC      | $-55521.99    | -0.03%            |  |  |  | No            | N/A                | On Loan: No      |
| MIRION TECHNOLOGIES INC                 | Mirion Technologies Inc 0.25% Due 06/01/2030                       | CUSIP: 60471AAA9<br>LEI: 549300BNTOWVWFNVTJ65 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1693500.00   | 1.06%             | 2030-06-01      | Fixed         | 0.25%                 | Yes           | 2                  | On Loan: No      |
| AKAMAI TECHNOLOGIES INC                 | Akamai Technologies Inc 0.25% Due 05/15/2033                       | CUSIP: 00971TAP6<br>LEI: OC1LZNN2LF5WTJ5RIL89 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3937500.00   | 2.46%             | 2033-05-15      | Fixed         | 0.25%                 | Yes           | 2                  | On Loan: No      |
| BWX TECHNOLOGIES INC                    | BWX Technologies Inc 0.0%, Due 11/01/2030                          | CUSIP: 05605HAD2<br>LEI: 549300NP85N265KWMS58 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2705000.00   | 1.69%             | 2030-11-01      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| BNP Paribas                             | Liberty Media Corporation                                          | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -11900 | NC      | $55263.68     | 0.03%             |  |  |  | No            | N/A                | On Loan: No      |
| BNP Paribas                             | Wisdomtree, Inc.                                                   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -27800 | NC      | $3131.41      | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| SEAGATE HDD CAYMAN                      | Seagate HDD Cayman 3.5% Due 6/1/2028                               | CUSIP: 81180WBL4<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |    700000 | PA      | $5701150.00   | 3.56%             | 2028-06-01      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| DOORDASH INC                            | DoorDash Inc 0% Due 05/15/2030                                     | CUSIP: 25809KAA3<br>LEI: 549300NUQ43FGGSK5051 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1908000.00   | 1.19%             | 2030-05-15      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| IONIS PHARMACEUTICALS INC               | Ionis Pharmaceuticals Inc 1.75%, Due 06/15/28                      | CUSIP: 462222AF7<br>LEI: 549300SI4ZGLG0BLUZ92 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2970000.00   | 1.86%             | 2028-06-15      | Fixed         | 1.75%                 | No            | 2                  | On Loan: No      |
| BNP Paribas                             | Digital Ocean Holdings Inc                                         | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -45000 | NC      | $-819600.36   | -0.51%            |  |  |  | No            | N/A                | On Loan: No      |
| BNP Paribas                             | Datadog Inc                                                        | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -5600 | NC      | $-61398.80    | -0.04%            |  |  |  | No            | N/A                | On Loan: No      |
| MERIT MEDICAL SYSTEMS INC               | Merit Medical Systems Inc 3%, Due 02/01/2029                       | CUSIP: 589889AB0<br>LEI: 549300OYTY138SP2CE83 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1597604.49   | 1.00%             | 2029-02-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| MERITAGE HOMES CORP                     | Meritage Homes Corp 1.25% Due 05/15/2028                           | CUSIP: 59001ABF8<br>LEI: 52990044W9UMFJO2FB97 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1470750.00   | 0.92%             | 2028-05-15      | Fixed         | 1.75%                 | No            | 2                  | On Loan: No      |
| BNP Paribas                             | Ligand Pharmaceuticals, Inc.                                       | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -7200 | NC      | $-29170.67    | -0.02%            |  |  |  | No            | N/A                | On Loan: No      |
| TRIP.COM GROUP LTD                      | Trip.com Group Ltd 0.75% Due 06/15/2029                            | CUSIP: 89677QAB3<br>LEI: 2549004RMYDSRQL4KW41 | Long             | DBT              | CORP              | KY        |   2000000 | PA      | $2150852.56   | 1.34%             | 2029-06-15      | Fixed         | 0.75%                 | No            | 2                  | On Loan: No      |
| MKS INC                                 | MKS Inc 1.25% Due 06/01/2030                                       | CUSIP: 55306NAB0<br>LEI: 549300KEQATBHAGVF505 | Long             | DBT              | CORP              | US        |   2200000 | PA      | $4327400.00   | 2.71%             | 2030-06-01      | Fixed         | 1.25%                 | No            | 2                  | On Loan: No      |
| BNP Paribas                             | MP Materials Corporation                                           | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -41800 | NC      | $-269136.23   | -0.17%            |  |  |  | No            | N/A                | On Loan: No      |
| BNP Paribas                             | Ionis Pharmaceuticals Inc                                          | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -30000 | NC      | $64958.78     | 0.04%             |  |  |  | No            | N/A                | On Loan: No      |
| BNP Paribas                             | Seagate Technology Holdings                                        | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -8385 | NC      | $-1267993.18  | -0.79%            |  |  |  | No            | N/A                | On Loan: No      |
| NEBIUS GROUP NV                         | Nebius Group NV 1.0%, Due 09/15/2030                               | CUSIP: 63954QAE6<br>LEI: 549300GGZHJ5Q1B18P93 | Long             | DBT              | CORP              | NL        |   1500000 | PA      | $1939200.00   | 1.21%             | 2030-09-15      | Fixed         | 1.00%                 | Yes           | 2                  | On Loan: No      |
| MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC | MACOM Technology Solutions Holdings Inc 0%, Due12/15/2029          | CUSIP: 55405YAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1500000 | PA      | $2638500.00   | 1.65%             | 2029-12-15      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| BNP Paribas                             | JD.com Inc                                                         | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -16900 | NC      | $20163.99     | 0.01%             |  |  |  | No            | N/A                | On Loan: No      |
| NUTANIX INC                             | Nutanix Inc 0.25% Due 10/01/2027                                   | CUSIP: 67059NAH1<br>LEI: 549300X7J6E8TKVIXW09 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2098280.14   | 1.31%             | 2027-10-01      | Fixed         | 0.25%                 | No            | 2                  | On Loan: No      |
| EVERGY INC                              | Evergy Inc 4.5%, Due 12/15/2027                                    | CUSIP: 30034WAD8<br>LEI: 549300PGTHDQY6PSUI61 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1363000.00   | 0.85%             | 2027-12-15      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| BNP Paribas                             | DoorDash Inc                                                       | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -3700 | NC      | $42667.05     | 0.03%             |  |  |  | No            | N/A                | On Loan: No      |
| BNP Paribas                             | MKS Instruments Inc                                                | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -11500 | NC      | $-165384.82   | -0.10%            |  |  |  | No            | N/A                | On Loan: No      |
| BNP Paribas                             | Zoetis Inc                                                         | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -5300 | NC      | $28755.30     | 0.02%             |  |  |  | No            | N/A                | On Loan: No      |
| ALIBABA GROUP HOLDING LTD               | Alibaba Group Holding Ltd 0.50% Due 06/01/2031                     | CUSIP: 01609WBG6<br>LEI: 5493001NTNQJDH60PM02 | Long             | DBT              | CORP              | KY        |   2000000 | PA      | $2887000.00   | 1.80%             | 2031-06-01      | Fixed         | 0.50%                 | No            | 2                  | On Loan: No      |
| SNOWFLAKE INC                           | Snowflake Inc 0.0%, Due 10/01/2030                                 | CUSIP: 833445AD1<br>LEI: 254900CJNSY1K7T53Z16 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2343600.00   | 1.47%             | 2029-10-01      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| BNP Paribas                             | Core Scientific Inc.                                               | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -45700 | NC      | $-40870.65    | -0.03%            |  |  |  | No            | N/A                | On Loan: No      |
| BNP Paribas                             | Dexcom, Inc.                                                       | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -1300 | NC      | $2696.63      | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| BNP Paribas                             | Snowflake Inc.                                                     | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -8300 | NC      | $68126.65     | 0.04%             |  |  |  | No            | N/A                | On Loan: No      |
| BNP Paribas                             | Oracle Corp                                                        | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -3800 | NC      | $47938.55     | 0.03%             |  |  |  | No            | N/A                | On Loan: No      |
| BNP Paribas                             | Global Payments Inc                                                | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -6500 | NC      | $-6975.40     | -0.00%            |  |  |  | No            | N/A                | On Loan: No      |
| FLUOR CORP                              | Fluor Corporation 1.125%, Due 08/15/29                             | CUSIP: 343412AJ1<br>LEI: CQ7WZ4NOFWT7FAE6Q943 | Long             | DBT              | CORP              | US        |   2250000 | PA      | $3015000.00   | 1.88%             | 2029-08-15      | Fixed         | 1.12%                 | No            | 2                  | On Loan: No      |
| CHEFS' WAREHOUSE INC (THE)              | Chefs' Warehouse Inc/The 2.375% Due 12/15/2028                     | CUSIP: 163086AE1<br>LEI: 549300JYEDC8C547E980 | Long             | DBT              | CORP              | US        |   1470000 | PA      | $2704800.00   | 1.69%             | 2028-12-15      | Fixed         | 2.38%                 | No            | 2                  | On Loan: No      |
| Chicago Board of Trade                  | CBOT 5 Year US Treasury Note 2026-06-30                            | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | Long             | DCO              | CORP              | US        |        57 | NS      | $-97246.67    | -0.06%            |  |  |  | No            | 1                  | On Loan: No      |
| TANDEM DIABETES CARE INC                | Tandem Diabetes Care Inc 1.5%, Due 03/15/2029                      | CUSIP: 875372AD6<br>LEI: 549300JEPFOD0K4D3I05 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2049000.00   | 1.28%             | 2029-03-15      | Fixed         | 1.50%                 | No            | 2                  | On Loan: No      |
| LIVE NATION ENTERTAINMENT INC           | Live Nation Entertainment Inc 2.875%, Due 01/15/2030               | CUSIP: 538034BC2<br>LEI: 5493007B9BM9ZXJINO78 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2783750.00   | 1.74%             | 2030-01-15      | Fixed         | 2.88%                 | No            | 2                  | On Loan: No      |
| BNP Paribas                             | Dropbox Inc                                                        | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -10000 | NC      | $-5675.31     | -0.00%            |  |  |  | No            | N/A                | On Loan: No      |
| BNP Paribas                             | ON Semiconductor Corporation                                       | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -18300 | NC      | $-299726.34   | -0.19%            |  |  |  | No            | N/A                | On Loan: No      |
| TETRA TECH INC                          | Tetra Tech, Inc. 2.250%, Due 08/15/2028                            | CUSIP: 88162GAB9<br>LEI: 549300UJ1LP7JGJC5P32 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2729000.00   | 1.71%             | 2028-08-15      | Fixed         | 2.25%                 | No            | 2                  | On Loan: No      |
| BNP Paribas                             | B2Gold Corp                                                        | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |   -257100 | NC      | $109715.78    | 0.07%             |  |  |  | No            | N/A                | On Loan: No      |
| GEO GROUP INC (THE)                     | GEO Group Inc/The 8.625% Due 04/15/2029                            | CUSIP: 36162JAG1<br>LEI: 54930024XOXET7NQVZ63 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1560369.00   | 0.98%             | 2029-04-15      | Fixed         | 8.62%                 | No            | 2                  | On Loan: No      |
| DEXCOM INC                              | Dexcom, Inc. 0.375%, Due 05/15/28                                  | CUSIP: 252131AM9<br>LEI: 549300YSK3QDSFR5EU59 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1389750.00   | 0.87%             | 2028-05-15      | Fixed         | 0.38%                 | No            | 2                  | On Loan: No      |
| BNP Paribas                             | Halozyme Therapeutics, Inc.                                        | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -14600 | NC      | $65455.85     | 0.04%             |  |  |  | No            | N/A                | On Loan: No      |
| CHECK POINT SOFTWARE TECHNOLOGIES LTD   | Check Point Software Technologies Ltd 0%, Due 12/15/2030           | CUSIP: 162775AA8<br>LEI: 2549003ZVBH73EPNS513 | Long             | DBT              | CORP              | IL        |   2000000 | PA      | $1809000.00   | 1.13%             | 2030-12-15      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| BNP Paribas                             | Alibaba Group Holding Ltd                                          | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -15700 | NC      | $24848.13     | 0.02%             |  |  |  | No            | N/A                | On Loan: No      |
| BNP Paribas                             | Merit Medical Systems Inc                                          | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -10100 | NC      | $26734.14     | 0.02%             |  |  |  | No            | N/A                | On Loan: No      |
| IRON MOUNTAIN INC (REIT)                | Iron Mountain, Inc. 7.000%, Due 02/15/29                           | CUSIP: 46284VAP6<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1021940.96   | 0.64%             | 2029-02-15      | Fixed         | 7.00%                 | Yes           | 2                  | On Loan: No      |
| BNP Paribas                             | Fluor Corp                                                         | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -31400 | NC      | $-148316.04   | -0.09%            |  |  |  | No            | N/A                | On Loan: No      |
| BLACKSTONE MORTGAGE TRUST INC           | Blackstone Mortgage Trust Inc 5.5%, Due 03/15/2027                 | CUSIP: 09257WAE0<br>LEI: 549300OLDJ20R2Y2UW20 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $995000.00    | 0.62%             | 2027-03-15      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| OSI SYSTEMS INC                         | OSI Systems Inc 2.25%, Due 08/01/2029                              | CUSIP: 671044AF2<br>LEI: DDX3MPX1Y8YD30050X33 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $4077500.00   | 2.55%             | 2029-08-01      | Fixed         | 2.25%                 | No            | 2                  | On Loan: No      |
| REDWOOD TRUST INC                       | Redwood Trust Inc 7.75% Due 06/15/2027                             | CUSIP: 758075AF2<br>LEI: DRBV4N1ERQLEMIF11G78 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1515000.00   | 0.95%             | 2027-06-15      | Fixed         | 7.75%                 | No            | 2                  | On Loan: No      |
| FIRST AMERICAN FUNDS INC                | FIRST AMERICAN GOVERNMENT OBLIGATIONS FUND - CLASS U               | CUSIP: 31846V211<br>LEI: 549300J5J5SJCZ9IA369 | Long             | STIV             | RF                | US        |   7424384 | PA      | $7424384.24   | 4.64%             |  |  |  | No            | 1                  | On Loan: No      |
| B2GOLD CORP                             | B2Gold Corp 2.75%, Due 02/01/2030                                  | CUSIP: 11777QAC4<br>LEI: 549300F7OK456M5NLM05 | Long             | DBT              | CORP              | CA        |   1000000 | PA      | $1604500.00   | 1.00%             | 2030-02-01      | Fixed         | 2.75%                 | Yes           | 2                  | On Loan: No      |
| BNP Paribas                             | Mirion Technologies                                                | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -45600 | NC      | $1690.99      | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| BNP Paribas                             | Trip.com Group Ltd                                                 | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -16400 | NC      | $-259.46      | -0.00%            |  |  |  | No            | N/A                | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION        | Kratos Defense & Security Solutions, Inc. 08/21/2026 90 Call       | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | Short            | DE               | CORP              | US        |       -40 | NS      | $-14000.00    | -0.01%            |  |  |  | No            | 1                  | On Loan: No      |
| KRATOS DEFENSE & SECURITY SOLUTIONS INC | Kratos Defense & Security Solutions, Inc.                          | CUSIP: 50077B207<br>LEI: 5493000EKBN0UY1F3F88 | Long             | EC               | CORP              | US        |      4000 | NS      | $252200.00    | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| ALNYLAM PHARMACEUTICALS INC             | Alnylam Pharmaceuticals, Inc. 1.000%, Due 09/15/2027               | CUSIP: 02043QAB3<br>LEI: 529900S3ZI14OWRJII50 | Long             | DBT              | CORP              | US        |   2100000 | PA      | $2593710.00   | 1.62%             | 2027-09-15      | Fixed         | 1.00%                 | No            | 2                  | On Loan: No      |
| MP MATERIALS CORP                       | MP Materials Corp 3.000%, Due 03/01/30                             | CUSIP: 553368AC5<br>LEI: 89450063PHPS61USMT84 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $3154500.00   | 1.97%             | 2030-03-01      | Fixed         | 3.00%                 | Yes           | 2                  | On Loan: No      |
| ORACLE CORP                             | Oracle Corporation Series D                                        | CUSIP: 68389X204<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EP               | CORP              | US        |     20000 | NS      | $973400.00    | 0.61%             |  |  |  | No            | 1                  | On Loan: No      |
| LANTHEUS HOLDINGS INC                   | Lantheus Holdings Inc 2.625%, Due 12/15/27                         | CUSIP: 516544AB9<br>LEI: 5299005HUB5IOJGO7S39 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1272000.00   | 0.80%             | 2027-12-15      | Fixed         | 2.62%                 | No            | 2                  | On Loan: No      |
| UBER TECHNOLOGIES INC                   | Uber Technologies Inc 0.875%, Due 12/01/2028                       | CUSIP: 90353TAM2<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2445000.00   | 1.53%             | 2028-12-01      | Fixed         | 0.88%                 | No            | 2                  | On Loan: No      |
| CORE SCIENTIFIC INC                     | Core Scientific Inc 3.0%, Due 09/01/2029                           | CUSIP: 21874AAC0<br>LEI: 5299003RGB2LAZ65RK73 | Long             | DBT              | CORP              | US        |    700000 | PA      | $1408675.28   | 0.88%             | 2029-09-01      | Fixed         | 3.00%                 | Yes           | 2                  | On Loan: No      |
| BNP Paribas                             | Vishay Intertechnology, Inc.                                       | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -10700 | NC      | $-43513.86    | -0.03%            |  |  |  | No            | N/A                | On Loan: No      |
| BNP Paribas                             | Alnylam Pharmaceuticals, Inc.                                      | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -5100 | NC      | $124220.51    | 0.08%             |  |  |  | No            | N/A                | On Loan: No      |
| WISDOMTREE INC                          | WisdomTree Inc 3.25%, Due 8/15/2029                                | CUSIP: 97717PAH7<br>LEI: 549300WIU8IS7UFO7871 | Long             | DBT              | CORP              | US        |    500000 | PA      | $761650.00    | 0.48%             | 2029-08-15      | Fixed         | 3.25%                 | No            | 2                  | On Loan: No      |
| HALOZYME THERAPEUTICS INC               | Halozyme Therapeutics Inc 0%, Due 02/15/2031                       | CUSIP: 40637HAG4<br>LEI: 529900242I3SV9AGM753 | Long             | DBT              | CORP              | US        |   1900000 | PA      | $1845850.00   | 1.15%             | 2031-02-15      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| SYNAPTICS INC                           | Synaptics Inc 0.75%, Due 12/01/2031                                | CUSIP: 87157DAJ8<br>LEI: 549300AJ3LI4FWNRQX29 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2458000.00   | 1.54%             | 2031-12-01      | Fixed         | 0.75%                 | No            | 2                  | On Loan: No      |
| ETSY INC                                | Etsy Inc 1% Due 06/15/2030                                         | CUSIP: 29786AAP1<br>LEI: 54930089Q7XT501AEA40 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1081000.00   | 0.68%             | 2030-06-15      | Fixed         | 1.00%                 | Yes           | 2                  | On Loan: No      |
| BNP Paribas                             | Welltower Inc                                                      | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -10300 | NC      | $-58919.53    | -0.04%            |  |  |  | No            | N/A                | On Loan: No      |
| CMS ENERGY CORP                         | CMS Energy Corp 3.375%, Due 5/1/2028                               | CUSIP: 125896BX7<br>LEI: 549300IA9XFBAGNIBW29 | Long             | DBT              | CORP              | US        |   2250000 | PA      | $2520000.00   | 1.58%             | 2028-05-01      | Fixed         | 3.38%                 | No            | 2                  | On Loan: No      |
| BNP Paribas                             | Microchip Tech                                                     | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -16400 | NC      | $-240827.73   | -0.15%            |  |  |  | No            | N/A                | On Loan: No      |
| BNP Paribas                             | OSI Systems Inc                                                    | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |    -10500 | NC      | $203692.46    | 0.13%             |  |  |  | No            | N/A                | On Loan: No      |
| BNP Paribas                             | Meritage Homes Corp                                                | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | US        |     -4100 | NC      | $-9105.54     | -0.01%            |  |  |  | No            | N/A                | On Loan: No      |

### Signature

**Date Signed:** 2026-04-30

**Name of Applicant:** Westwood Alternative Income Fund

**Signature:** Daniel D. Bauer

**Name of Signer:** Daniel D. Bauer

**Title:** Treasurer