# EDGAR Filing Document

**Accession Number:** 0001605941
**File Stem:** 0002071691-25-009527
**Filing Date:** 2025-12
**Character Count:** 293047
**Document Hash:** b437086414f00ed1ff4f97cd5a6d85fe
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-25-009527.hdr.sgml**: 20251223

**ACCESSION NUMBER**: 0002071691-25-009527

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251223

**DATE AS OF CHANGE**: 20251223

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** 1290 Funds
- **CENTRAL INDEX KEY:** 0001605941

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22959
- **FILM NUMBER:** 251595495

**BUSINESS ADDRESS:**
- **STREET 1:** 1345 AVENUE OF THE AMERICAS
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10105
- **BUSINESS PHONE:** 212-554-1234

**MAIL ADDRESS:**
- **STREET 1:** 1345 AVENUE OF THE AMERICAS
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10105

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** 1290 Funds Trust
- **DATE OF NAME CHANGE:** 20140418

## Series and Classes Contracts Data

### 1290 Loomis Sayles Multi-Asset Income Fund (Series ID: S000052766)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000165718 | Class A      | TNXAX           |
| C000165720 | Class I      | TNVDX           |
| C000165721 | Class R      | TNYRX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** 1290 Funds

- **b. Investment Company Act file number:** 811-22959

- **c. CIK number of Registrant:** 0001605941

- **d. LEI of Registrant:** 5493000PXD0IQID6H351

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

  - **Street Address 1:** 1345 Avenue of the Americas

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10105

  - **Telephone number:** 212-554-1234

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

- **a. Name of Series:** 1290 Loomis Sayles Multi-Asset Income Fund

- **b. EDGAR series identifier (if any):** S000052766

- **c. LEI of Series:** 549300RTGLB7B6ULNJ31

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-10-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $95774562.32

**Total Liabilities:** $3643439.13

**Net Assets:** $92131123.19

**Cash Not Reported:** $1497307.75

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 4.32000000 | **1-Year:** 267.95000000 | **5-Year:** 1977.70000000 | **10-Year:** 5306.71000000 | **30-Year:** 3526.73000000

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

- **3-Month:** 0.67000000 | **1-Year:** 779.79000000 | **5-Year:** 3955.47000000 | **10-Year:** 1507.22000000 | **30-Year:** 335.96000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000165718 | 1.93%                | 1.25%                | 0.37%                |
| Class ID C000165720 | 1.95%                | 1.27%                | 0.39%                |
| Class ID C000165721 | 1.91%                | 1.23%                | 0.35%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $223343.59               | $1256490.30                                |
| Month 2  | $361663.89               | $687607.87                                 |
| Month 3  | $698784.70               | $-689157.41                                |

**Designated Index Information**

- **Index Name:** Ex-Derivatives Securities Portfolio

- **Index Identifier:** AX-S16973

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| New Mexican Pesos                                                         | New Mexican Pesos                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | MX        |   1028739 | OU      | $55372.55     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| LFS Topco LLC                                                             | LFS Topco LLC                                                             | CUSIP: 50203TAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    108000 | PA      | $105639.12    | 0.11%             | 2030-07-15      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| Host Hotels & Resorts, Inc.                                               | Host Hotels & Resorts, Inc.                                               | CUSIP: 44107P104<br>LEI: N6EL63S0K3PB1YFTDI24 | Long             | EC               | CORP              | US        |      1232 | NS      | $19736.64     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Intercontinental Exchange, Inc.                                           | Intercontinental Exchange, Inc.                                           | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |       147 | NS      | $21504.63     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Electricite de France SA                                                  | Electricite de France SA                                                  | CUSIP: 28504DAF0<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | NUSS              | FR        |    290000 | PA      | $301726.90    | 0.33%             | 2035-01-13      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Mex Bonos Desarr Fix Rt                                                   | Mex Bonos Desarr Fix Rt, Series M                                         | CUSIP: N/A<br>LEI: 254900EGTWEU67VP6075       | Long             | DBT              | NUSS              | MX        |   7817200 | PA      | $426384.55    | 0.46%             | 2030-02-28      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| BNK Financial Group, Inc.                                                 | BNK Financial Group, Inc.                                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |      4130 | NS      | $40031.80     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                                            | BNP Paribas SA                                                            | CUSIP: 09659W2X1<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    220000 | PA      | $229997.94    | 0.25%             | 2035-02-20      | Variable      | 5.74%                 | Yes           |                  2 | On Loan: No      |
| Nutrien Ltd.                                                              | Nutrien Ltd.                                                              | CUSIP: 67077M108<br>LEI: 5493002QQ7GD21OWF963 | Long             | EC               | CORP              | CA        |       900 | NS      | $49018.57     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Ciena Corp.                                                               | Ciena Corp.                                                               | CUSIP: 171779AL5<br>LEI: W0CZ7N0GH8UIGXDM1H41 | Long             | DBT              | CORP              | US        |    179000 | PA      | $171967.09    | 0.19%             | 2030-01-31      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Oracle Corp.                                                              | Oracle Corp.                                                              | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |       251 | NS      | $65915.11     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corp. plc                                                           | Eaton Corp. plc                                                           | CUSIP: N/A<br>LEI: 549300VDIGTMXUNT7H71       | Long             | EC               | CORP              | IE        |        65 | NS      | $24801.40     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Tidewater, Inc.                                                           | Tidewater, Inc.                                                           | CUSIP: 88642RAE9<br>LEI: 2549000JA5GRUPLMUH98 | Long             | DBT              | CORP              | US        |    173000 | PA      | $184461.25    | 0.20%             | 2030-07-15      | Fixed         | 9.12%                 | Yes           |                  2 | On Loan: No      |
| Synchrony Financial                                                       | Synchrony Financial                                                       | CUSIP: 87165B103<br>LEI: 549300RS7EWPM9MA6C78 | Long             | EC               | CORP              | US        |       436 | NS      | $32429.68     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Arcadyan Technology Corp.                                                 | Arcadyan Technology Corp.                                                 | CUSIP: N/A<br>LEI: 254900R5W61G3GO1Q067       | Long             | EC               | CORP              | TW        |      5286 | NS      | $34648.48     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Roper Technologies, Inc.                                                  | Roper Technologies, Inc.                                                  | CUSIP: 776696AK2<br>LEI: 54930003T4SXCIWVXY35 | Long             | DBT              | CORP              | US        |     65000 | PA      | $65165.73     | 0.07%             | 2028-09-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Zoetis, Inc.                                                              | Zoetis, Inc.                                                              | CUSIP: 98978VAX1<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | DBT              | CORP              | US        |    135000 | PA      | $135923.58    | 0.15%             | 2035-08-17      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Talen Energy Supply LLC                                                   | Talen Energy Supply LLC                                                   | CUSIP: 87422VAM0<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | DBT              | CORP              | US        |     80000 | PA      | $82086.40     | 0.09%             | 2034-02-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Lam Research Corp.                                                        | Lam Research Corp.                                                        | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |       323 | NS      | $50859.58     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsui & Co. Ltd.                                                         | Mitsui & Co. Ltd.                                                         | CUSIP: N/A<br>LEI: 2NRSB4GOU9DD6CNW5R48       | Long             | EC               | CORP              | JP        |      4400 | NS      | $108551.03    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Nordea Bank Abp                                                           | Nordea Bank Abp                                                           | CUSIP: 65558RAQ2<br>LEI: 529900ODI3047E2LIV03 | Long             | DBT              | CORP              | FI        |    395000 | PA      | $407837.50    | 0.44%             | 2033-11-10      | Variable      | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Millicom International Cellular SA                                        | Millicom International Cellular SA                                        | CUSIP: N/A<br>LEI: 549300CTHC1CP86P2G96       | Long             | DBT              | CORP              | LU        |    245000 | PA      | $228523.75    | 0.25%             | 2031-04-27      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Carnival Corp.                                                            | Carnival Corp.                                                            | CUSIP: 143658BZ4<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    271000 | PA      | $279468.75    | 0.30%             | 2031-06-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| BlackRock, Inc.                                                           | BlackRock, Inc.                                                           | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |       192 | NS      | $207899.52    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Norwegian Krone                                                           | Norwegian Krone                                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | NO        |     52435 | OU      | $5176.58      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp.                                                         | Exxon Mobil Corp.                                                         | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |      4874 | NS      | $557390.64    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet, Inc.                                                            | Alphabet, Inc., Class A                                                   | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |       896 | NS      | $251946.24    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart, Inc.                                                             | Walmart, Inc.                                                             | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |       739 | NS      | $74772.02     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| CME Group, Inc.                                                           | CME Group, Inc.                                                           | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |       468 | NS      | $124249.32    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Crowdstrike Holdings, Inc.                                                | Crowdstrike Holdings, Inc., Class A                                       | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |        55 | NS      | $29865.55     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Management, Inc.                                                    | Waste Management, Inc.                                                    | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Long             | EC               | CORP              | US        |       137 | NS      | $27368.49     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Macy's Retail Holdings LLC                                                | Macy's Retail Holdings LLC                                                | CUSIP: 55616XAM9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    146000 | PA      | $128919.46    | 0.14%             | 2034-12-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Amphenol Corp.                                                            | Amphenol Corp., Class A                                                   | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |       374 | NS      | $52113.16     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Nassau Cos. of New York (The)                                             | Nassau Cos. of New York (The)                                             | CUSIP: 63155AAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    139000 | PA      | $140998.13    | 0.15%             | 2030-07-15      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| Loews Corp.                                                               | Loews Corp.                                                               | CUSIP: 540424108<br>LEI: R8V1FN4M5ITGZOG7BS19 | Long             | EC               | CORP              | US        |       443 | NS      | $44105.08     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Republic of Turkiye                                                       | Republic of Turkiye                                                       | CUSIP: N/A<br>LEI: 5493000PCHOG3B6S3Q85       | Long             | DBT              | NUSS              | TR        |   8695000 | PA      | $203836.49    | 0.22%             | 2026-08-12      | Fixed         | 36.00%                | No            |                  2 | On Loan: No      |
| Chubb Ltd.                                                                | Chubb Ltd.                                                                | CUSIP: N/A<br>LEI: E0JAN6VLUDI1HITHT809       | Long             | EC               | CORP              | CH        |       133 | NS      | $36833.02     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilton Domestic Operating Co., Inc.                                       | Hilton Domestic Operating Co., Inc.                                       | CUSIP: 432833AP6<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |    212000 | PA      | $216240.00    | 0.23%             | 2029-04-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Muenchener Rueckversicherungs-Gesellschaft AG                             | Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen (Registered)    | CUSIP: N/A<br>LEI: 529900MUF4C20K50JS49       | Long             | EC               | CORP              | DE        |       178 | NS      | $110054.10    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Kohl's Corp.                                                              | Kohl's Corp.                                                              | CUSIP: 500255AV6<br>LEI: 549300JF6LPRTRJ0FH50 | Long             | DBT              | CORP              | US        |     95000 | PA      | $61315.85     | 0.07%             | 2045-07-17      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Dell International LLC                                                    | Dell International LLC                                                    | CUSIP: 24703DBL4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    155000 | PA      | $163384.97    | 0.18%             | 2033-02-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NVIDIA Corp.                                                              | NVIDIA Corp.                                                              | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |      3867 | NS      | $783028.83    | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Mineral Resources Ltd.                                                    | Mineral Resources Ltd.                                                    | CUSIP: 603051AE3<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |    242000 | PA      | $253601.48    | 0.28%             | 2028-10-01      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| Amazon.com, Inc.                                                          | Amazon.com, Inc.                                                          | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |      1391 | NS      | $339710.02    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Daiwa House Industry Co. Ltd.                                             | Daiwa House Industry Co. Ltd.                                             | CUSIP: N/A<br>LEI: 353800K9WXR9XRZJZI46       | Long             | EC               | CORP              | JP        |      2800 | NS      | $95077.54     | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| EPR Properties                                                            | EPR Properties                                                            | CUSIP: 26884U109<br>LEI: 549300YSSXFHMPOWZ492 | Long             | EC               | CORP              | US        |       503 | NS      | $24657.06     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| XPLR Infrastructure Operating Partners LP                                 | XPLR Infrastructure Operating Partners LP                                 | CUSIP: 98380MAA3<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |    199000 | PA      | $207955.00    | 0.23%             | 2031-01-15      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: —       |
| Acter Group Corp. Ltd.                                                    | Acter Group Corp. Ltd.                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |      1701 | NS      | $42606.62     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| JBS USA LUX Sarl                                                          | JBS USA LUX Sarl                                                          | CUSIP: 472140AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     75000 | PA      | $78476.02     | 0.09%             | 2035-04-20      | Fixed         | 5.95%                 | Yes           |                  2 | On Loan: No      |
| Banco Santander SA                                                        | Banco Santander SA                                                        | CUSIP: 05971KAS8<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    200000 | PA      | $200218.00    | 0.22%             | 2035-11-06      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| South African Rand                                                        | South African Rand                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | ZA        |     78845 | OU      | $4547.68      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Sigurd Microelectronics Corp.                                             | Sigurd Microelectronics Corp.                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |     16106 | NS      | $54750.24     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Keppel DC REIT                                                            | Keppel DC REIT                                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | SG        |     14600 | NS      | $26808.54     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| MicroPort NeuroScientific Corp.                                           | MicroPort NeuroScientific Corp.                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KY        |      6000 | NS      | $9149.93      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Bradespar SA                                                              | Bradespar SA (Preference)                                                 | CUSIP: N/A<br>LEI: 9598001UD1DHEH3PZ471       | Long             | EC               | CORP              | BR        |     14300 | NS      | $49306.22     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Malaysian Ringgit                                                         | Malaysian Ringgit                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | MY        |      7120 | OU      | $1700.17      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Diversified Healthcare Trust                                              | Diversified Healthcare Trust                                              | CUSIP: 25525PAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     19000 | PA      | $16672.50     | 0.02%             | 2031-03-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | S&P 500 Index                                                             | CUSIP: 00PBM94A0<br>LEI: N/A                  | N/A              | DE               |  | US        |         6 | NC      | $3924.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA Corp.                                                                 | KLA Corp.                                                                 | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |        28 | NS      | $33844.72     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Suncorp Group Ltd.                                                        | Suncorp Group Ltd.                                                        | CUSIP: N/A<br>LEI: 549300BVOKRTHDIWVT46       | Long             | EC               | CORP              | AU        |      4373 | NS      | $56137.80     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Algoma Steel, Inc.                                                        | Algoma Steel, Inc.                                                        | CUSIP: 01566MAD7<br>LEI: 5493006RXIB5GVHWJS53 | Long             | DBT              | CORP              | CA        |     87000 | PA      | $71013.75     | 0.08%             | 2029-04-15      | Fixed         | 9.12%                 | Yes           |                  2 | On Loan: No      |
| TransMontaigne Partners LLC                                               | TransMontaigne Partners LLC                                               | CUSIP: 89377AAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     43000 | PA      | $44988.75     | 0.05%             | 2030-06-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Bristol-Myers Squibb Co.                                                  | Bristol-Myers Squibb Co.                                                  | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |       408 | NS      | $18796.56     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Alibaba Group Holding Ltd.                                                | Alibaba Group Holding Ltd.                                                | CUSIP: N/A<br>LEI: 5493001NTNQJDH60PM02       | Long             | EC               | CORP              | KY        |      7700 | NS      | $163601.03    | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Eli Lilly & Co.                                                           | Eli Lilly & Co.                                                           | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |       116 | NS      | $100091.76    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Danaher Corp.                                                             | Danaher Corp.                                                             | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |       134 | NS      | $28860.92     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| JW Aluminum Continuous Cast Co.                                           | JW Aluminum Continuous Cast Co.                                           | CUSIP: 46648XAB4<br>LEI: 5493008HJ8BWQC8XAF08 | Long             | DBT              | CORP              | US        |     82000 | PA      | $83566.20     | 0.09%             | 2030-04-01      | Fixed         | 10.25%                | Yes           |                  2 | On Loan: No      |
| Enova International, Inc.                                                 | Enova International, Inc.                                                 | CUSIP: 29357KAH6<br>LEI: 549300O8XOCQSB49UO63 | Long             | DBT              | CORP              | US        |     93000 | PA      | $98746.47     | 0.11%             | 2028-12-15      | Fixed         | 11.25%                | Yes           |                  2 | On Loan: No      |
| Great Lakes Dredge & Dock Corp.                                           | Great Lakes Dredge & Dock Corp.                                           | CUSIP: 390607AF6<br>LEI: 549300H65E3MZ1CX0P05 | Long             | DBT              | CORP              | US        |     16000 | PA      | $15437.60     | 0.02%             | 2029-06-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: —       |
| CJ Corp.                                                                  | CJ Corp.                                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |       373 | NS      | $44689.31     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | S&P 500 Index                                                             | CUSIP: 00PBM94B8<br>LEI: N/A                  | N/A              | DE               |  | US        |         6 | NC      | $4980.00      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Global One Real Estate Investment Corp.                                   | Global One Real Estate Investment Corp.                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        26 | NS      | $23906.30     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| XD, Inc.                                                                  | XD, Inc.                                                                  | CUSIP: N/A<br>LEI: 655600SO97YJOKFJGL95       | Long             | EC               | CORP              | KY        |      3373 | NS      | $29278.35     | 0.03%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Global Aircraft Leasing Co. Ltd.                                          | Global Aircraft Leasing Co. Ltd.                                          | CUSIP: 37960JAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    174000 | PA      | $179531.46    | 0.19%             | 2027-09-01      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| Brundage-Bone Concrete Pumping Holdings, Inc.                             | Brundage-Bone Concrete Pumping Holdings, Inc.                             | CUSIP: 66981QAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     91000 | PA      | $91805.35     | 0.10%             | 2032-02-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| Alphabet, Inc.                                                            | Alphabet, Inc., Class C                                                   | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |      4518 | NS      | $1273262.76   | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Goodman Group                                                             | Goodman Group                                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |       254 | NS      | $5489.33      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| DISH DBS Corp.                                                            | DISH DBS Corp.                                                            | CUSIP: 25470XBE4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     19000 | PA      | $18640.33     | 0.02%             | 2026-12-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Cummins, Inc.                                                             | Cummins, Inc.                                                             | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |       238 | NS      | $104167.84    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| L'Oreal SA                                                                | L'Oreal SA                                                                | CUSIP: 502117AA2<br>LEI: 529900JI1GG6F7RKVI53 | Long             | DBT              | CORP              | FR        |    215000 | PA      | $220554.87    | 0.24%             | 2035-05-20      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Boston Scientific Corp.                                                   | Boston Scientific Corp.                                                   | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |       501 | NS      | $50460.72     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit, Inc.                                                              | Intuit, Inc.                                                              | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |        48 | NS      | $32042.40     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| International Business Machines Corp.                                     | International Business Machines Corp.                                     | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |      1105 | NS      | $339688.05    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| KPJ Healthcare Bhd.                                                       | KPJ Healthcare Bhd.                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | MY        |     66400 | NS      | $45027.70     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| TMS International Corp.                                                   | TMS International Corp.                                                   | CUSIP: 87261QAC7<br>LEI: 549300L4K0F1YF8WKF23 | Long             | DBT              | CORP              | US        |     43000 | PA      | $42319.31     | 0.05%             | 2029-04-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Centerspace                                                               | Centerspace                                                               | CUSIP: 15202L107<br>LEI: 5493002LG2SH9EEHT720 | Long             | EC               | CORP              | US        |       407 | NS      | $24114.75     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Sunway Construction Group Bhd.                                            | Sunway Construction Group Bhd.                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | MY        |     31900 | NS      | $44787.97     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                      | JPMorgan Chase & Co.                                                      | CUSIP: 46647PEW2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |     90000 | PA      | $94261.16     | 0.10%             | 2036-01-24      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Danone SA                                                                 | Danone SA                                                                 | CUSIP: N/A<br>LEI: 969500KMUQ2B6CBAF162       | Long             | EC               | CORP              | FR        |      1262 | NS      | $111542.12    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Sanofi SA                                                                 | Sanofi SA                                                                 | CUSIP: N/A<br>LEI: 549300E9PC51EN656011       | Long             | EC               | CORP              | FR        |      1353 | NS      | $136615.31    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Telecom Italia Capital SA                                                 | Telecom Italia Capital SA                                                 | CUSIP: 87927VAR9<br>LEI: 549300777DJZOR5C4L39 | Long             | DBT              | CORP              | LU        |     16000 | PA      | $17393.76     | 0.02%             | 2036-07-18      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| Oversea-Chinese Banking Corp. Ltd.                                        | Oversea-Chinese Banking Corp. Ltd.                                        | CUSIP: N/A<br>LEI: 5493007O3QFXCPOGWK22       | Long             | EC               | CORP              | SG        |      6600 | NS      | $86353.72     | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| GE Vernova, Inc.                                                          | GE Vernova, Inc.                                                          | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |        60 | NS      | $35108.40     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Bank AG                                                          | Deutsche Bank AG                                                          | CUSIP: 251526CT4<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    200000 | PA      | $219005.00    | 0.24%             | 2034-02-10      | Variable      | 7.08%                 | No            |                  2 | On Loan: No      |
| Tuya, Inc.                                                                | Tuya, Inc.                                                                | CUSIP: 90114C107<br>LEI: 254900XKWS2MIZHXCO08 | Long             | EC               | CORP              | KY        |      6014 | NS      | $13711.92     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CH Robinson Worldwide, Inc.                                               | CH Robinson Worldwide, Inc.                                               | CUSIP: 12541W209<br>LEI: 529900WNWN5L0OVDHA79 | Long             | EC               | CORP              | US        |       191 | NS      | $29412.09     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco Bilbao Vizcaya Argentaria SA                                        | Banco Bilbao Vizcaya Argentaria SA                                        | CUSIP: 05946KAQ4<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | DBT              | CORP              | ES        |    200000 | PA      | $206782.68    | 0.22%             | 2029-03-13      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Apple, Inc.                                                               | Apple, Inc.                                                               | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |      1640 | NS      | $443406.80    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| First Tractor Co. Ltd.                                                    | First Tractor Co. Ltd., Class H                                           | CUSIP: N/A<br>LEI: 529900R2SRU8JPHKRZ93       | Long             | EC               | CORP              | CN        |     14000 | NS      | $14107.11     | 0.02%             |  |  |  | No            |                  2 | On Loan: —       |
| Daito Trust Construction Co. Ltd.                                         | Daito Trust Construction Co. Ltd.                                         | CUSIP: N/A<br>LEI: 353800QQ4DRI3KXS3038       | Long             | EC               | CORP              | JP        |      1500 | NS      | $27997.86     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| British American Tobacco plc                                              | British American Tobacco plc                                              | CUSIP: N/A<br>LEI: 213800FKA5MF17RJKT63       | Long             | EC               | CORP              | GB        |      2458 | NS      | $126063.07    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| CCC SA                                                                    | CCC SA                                                                    | CUSIP: N/A<br>LEI: 259400NWPQ2HCSMZP970       | Long             | EC               | CORP              | PL        |       781 | NS      | $31933.66     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Alta Equipment Group, Inc.                                                | Alta Equipment Group, Inc.                                                | CUSIP: 02128LAC0<br>LEI: 549300DGOB28CLGS1X27 | Long             | DBT              | CORP              | US        |     75000 | PA      | $67968.75     | 0.07%             | 2029-06-01      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| DoorDash, Inc.                                                            | DoorDash, Inc., Class A                                                   | CUSIP: 25809K105<br>LEI: 549300NUQ43FGGSK5051 | Long             | EC               | CORP              | US        |        94 | NS      | $23910.78     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy, Inc.                                                      | NextEra Energy, Inc.                                                      | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |      2574 | NS      | $209523.60    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Turkiye Sinai Kalkinma Bankasi A/S                                        | Turkiye Sinai Kalkinma Bankasi A/S                                        | CUSIP: 90015YAH2<br>LEI: 549300MFCXK5HOOEWP84 | Long             | DBT              | CORP              | TR        |    320000 | PA      | $329401.60    | 0.36%             | 2030-07-02      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| Kuaishou Technology                                                       | Kuaishou Technology                                                       | CUSIP: N/A<br>LEI: 300300FCDZBE6UP9ED24       | Long             | EC               | CORP              | KY        |     13200 | NS      | $122902.50    | 0.13%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Chord Energy Corp.                                                        | Chord Energy Corp.                                                        | CUSIP: 674215AQ1<br>LEI: 529900FA4V2YNIKZ0M71 | Long             | DBT              | CORP              | US        |     40000 | PA      | $40015.30     | 0.04%             | 2030-10-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: —       |
| Boeing Co. (The)                                                          | Boeing Co. (The)                                                          | CUSIP: 097023105<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EC               | CORP              | US        |       141 | NS      | $28343.82     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Somnigroup International, Inc.                                            | Somnigroup International, Inc.                                            | CUSIP: 88023UAJ0<br>LEI: 549300HFEKVR3US71V91 | Long             | DBT              | CORP              | US        |     17000 | PA      | $15716.67     | 0.02%             | 2031-10-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| Florida Gas Transmission Co. LLC                                          | Florida Gas Transmission Co. LLC                                          | CUSIP: 340711BC3<br>LEI: 549300Q0UQF87NXNOC32 | Long             | DBT              | CORP              | US        |    100000 | PA      | $103837.34    | 0.11%             | 2035-07-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Titan SA                                                                  | Titan SA                                                                  | CUSIP: N/A<br>LEI: 213800H2CDP9I374WH83       | Long             | EC               | CORP              | BE        |       438 | NS      | $19639.08     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| DISH Network Corp.                                                        | DISH Network Corp.                                                        | CUSIP: 25470MAG4<br>LEI: 529900U350CWHH15G169 | Long             | DBT              | CORP              | US        |    166000 | PA      | $174343.16    | 0.19%             | 2027-11-15      | Fixed         | 11.75%                | Yes           |                  2 | On Loan: No      |
| Fortescue Treasury Pty. Ltd.                                              | Fortescue Treasury Pty. Ltd.                                              | CUSIP: 30251GBD8<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | AU        |     59000 | PA      | $60722.21     | 0.07%             | 2030-04-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Samsung E&A Co. Ltd.                                                      | Samsung E&A Co. Ltd.                                                      | CUSIP: N/A<br>LEI: 988400HDAY5KIVHGZ188       | Long             | EC               | CORP              | KR        |      2251 | NS      | $40999.09     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| PharmaResearch Co. Ltd.                                                   | PharmaResearch Co. Ltd.                                                   | CUSIP: N/A<br>LEI: 988400WCI2SXC6H7SG23       | Long             | EC               | CORP              | KR        |        58 | NS      | $22023.51     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Hanwha Corp.                                                              | Hanwha Corp.                                                              | CUSIP: N/A<br>LEI: 988400JE9FIHQS7TX614       | Long             | EC               | CORP              | KR        |       214 | NS      | $14359.29     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Oriental Republic of Uruguay                                              | Oriental Republic of Uruguay                                              | CUSIP: 760942BF8<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |   7685000 | PA      | $212785.73    | 0.23%             | 2033-07-20      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| Nexteer Automotive Group Ltd.                                             | Nexteer Automotive Group Ltd.                                             | CUSIP: N/A<br>LEI: 529900O9GGNBKMJ9UO48       | Long             | EC               | CORP              | KY        |     15000 | NS      | $13010.66     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Chemours Co. (The)                                                        | Chemours Co. (The)                                                        | CUSIP: 163851AJ7<br>LEI: 549300M1BOLNXL8DOV14 | Long             | DBT              | CORP              | US        |    101000 | PA      | $97383.19     | 0.11%             | 2033-01-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| New Zealand Dollar                                                        | New Zealand Dollar                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | NZ        |       104 | OU      | $59.44        | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Atour Lifestyle Holdings Ltd.                                             | Atour Lifestyle Holdings Ltd.                                             | CUSIP: 04965M106<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |      1332 | NS      | $51894.72     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Elisa OYJ                                                                 | Elisa OYJ                                                                 | CUSIP: N/A<br>LEI: 743700TU2S3DXWGU7H32       | Long             | EC               | CORP              | FI        |      1027 | NS      | $45267.42     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Veralto Corp.                                                             | Veralto Corp.                                                             | CUSIP: 92338C103<br>LEI: 635400FJE6GSOJUSNY27 | Long             | EC               | CORP              | US        |       214 | NS      | $21117.52     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Carpenter Technology Corp.                                                | Carpenter Technology Corp.                                                | CUSIP: 144285AM5<br>LEI: DX6I6ZD3X5WNNCDJKP85 | Long             | DBT              | CORP              | US        |    169000 | PA      | $173623.84    | 0.19%             | 2030-03-15      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| National Health Investors, Inc.                                           | National Health Investors, Inc.                                           | CUSIP: 63633D104<br>LEI: 549300ZPKZIG6DKDEC02 | Long             | EC               | CORP              | US        |       269 | NS      | $20043.19     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Co.                                                      | American Express Co.                                                      | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |       109 | NS      | $39319.57     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Stem, Inc.                                                                | Stem, Inc.                                                                | CUSIP: 85859NAA0<br>LEI: 549300GVWIYFILN5V546 | Long             | DBT              | CORP              | US        |    245000 | PA      | $75950.00     | 0.08%             | 2028-12-01      | Fixed         | 0.50%                 | Yes           |                  2 | On Loan: No      |
| NatWest Group plc                                                         | NatWest Group plc                                                         | CUSIP: 639057AQ1<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $225250.00    | 0.24%             | 2033-11-10      | Variable      | 8.12%                 | No            |                  2 | On Loan: No      |
| Uber Technologies, Inc.                                                   | Uber Technologies, Inc.                                                   | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |       380 | NS      | $36670.00     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Kroger Co. (The)                                                          | Kroger Co. (The)                                                          | CUSIP: 501044101<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | EC               | CORP              | US        |       801 | NS      | $50967.63     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| AVI Ltd.                                                                  | AVI Ltd.                                                                  | CUSIP: N/A<br>LEI: 378900C2D68805FAAF75       | Long             | EC               | CORP              | ZA        |      5665 | NS      | $31531.22     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Camden Property Trust                                                     | Camden Property Trust                                                     | CUSIP: 133131102<br>LEI: 5493002MYX22OHYJBD89 | Long             | EC               | CORP              | US        |       311 | NS      | $30938.28     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Nordstrom, Inc.                                                           | Nordstrom, Inc.                                                           | CUSIP: 655664AS9<br>LEI: 549300S3IZB5P35KNV16 | Long             | DBT              | CORP              | US        |     90000 | PA      | $88305.30     | 0.10%             | 2027-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Johnson & Johnson                                                         | Johnson & Johnson                                                         | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |      2624 | NS      | $495594.88    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Societe Generale SA                                                       | Societe Generale SA                                                       | CUSIP: 83368RCK6<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |    305000 | PA      | $304740.29    | 0.33%             | 2036-10-03      | Variable      | 5.44%                 | Yes           |                  2 | On Loan: No      |
| Merck & Co., Inc.                                                         | Merck & Co., Inc.                                                         | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |      2977 | NS      | $255962.46    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Embraer SA                                                                | Embraer SA                                                                | CUSIP: N/A<br>LEI: 549300EM51WYXFHUY333       | Long             | EC               | CORP              | BR        |      3442 | NS      | $55712.29     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard, Inc.                                                          | Mastercard, Inc., Class A                                                 | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |       117 | NS      | $64582.83     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Blue Owl Capital Corp. II                                                 | Blue Owl Capital Corp. II                                                 | CUSIP: 69121DAD2<br>LEI: 549300MMNWZO5XKDDX47 | Long             | DBT              | CORP              | US        |     70000 | PA      | $72292.55     | 0.08%             | 2026-11-15      | Fixed         | 8.45%                 | No            |                  2 | On Loan: No      |
| AT&T, Inc.                                                                | AT&T, Inc.                                                                | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |      1339 | NS      | $33140.25     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Perusahaan Gas Negara Tbk. PT                                             | Perusahaan Gas Negara Tbk. PT                                             | CUSIP: N/A<br>LEI: 549300OX1VFDX7ZPN240       | Long             | EC               | CORP              | ID        |    322400 | NS      | $33732.77     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Swedish Krona                                                             | Swedish Krona                                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | SE        |     63658 | OU      | $6700.72      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Momentum Group Ltd.                                                       | Momentum Group Ltd.                                                       | CUSIP: N/A<br>LEI: 98450051AABCKEC84814       | Long             | EC               | CORP              | ZA        |     25124 | NS      | $48400.38     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Notes                                                       | CUSIP: 91282CNC1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    202000 | PA      | $204619.70    | 0.22%             | 2035-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Howard Hughes Holdings, Inc.                                              | Howard Hughes Holdings, Inc.                                              | CUSIP: 44267T102<br>LEI: 254900TY494BHXIU6M60 | Long             | EC               | CORP              | US        |       297 | NS      | $23546.16     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Pfizer, Inc.                                                              | Pfizer, Inc.                                                              | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |      7374 | NS      | $181769.10    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| PBF Holding Co. LLC                                                       | PBF Holding Co. LLC                                                       | CUSIP: 69318FAM0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     43000 | PA      | $45494.43     | 0.05%             | 2030-03-15      | Fixed         | 9.88%                 | Yes           |                  2 | On Loan: No      |
| Pitney Bowes, Inc.                                                        | Pitney Bowes, Inc.                                                        | CUSIP: 724479AP5<br>LEI: 549300N2O26NW4ST6W55 | Long             | DBT              | CORP              | US        |     79000 | PA      | $79410.80     | 0.09%             | 2027-03-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| Viavi Solutions, Inc.                                                     | Viavi Solutions, Inc.                                                     | CUSIP: 925550AF2<br>LEI: 5493006K3E3N1QOBF092 | Long             | DBT              | CORP              | US        |    188000 | PA      | $177270.84    | 0.19%             | 2029-10-01      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| Antares Holdings LP                                                       | Antares Holdings LP                                                       | CUSIP: 03666HAH4<br>LEI: 5493008EAIGV4283RM42 | Long             | DBT              | CORP              | US        |    250000 | PA      | $254863.28    | 0.28%             | 2029-10-23      | Fixed         | 6.35%                 | Yes           |                  2 | On Loan: No      |
| Arches Buyer, Inc.                                                        | Arches Buyer, Inc.                                                        | CUSIP: 039524AB9<br>LEI: 2549009ADY4208OH2Y47 | Long             | DBT              | CORP              | US        |     98000 | PA      | $95549.02     | 0.10%             | 2028-12-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| Industria de Diseno Textil SA                                             | Industria de Diseno Textil SA                                             | CUSIP: N/A<br>LEI: 549300TTCXZOGZM2EY83       | Long             | EC               | CORP              | ES        |      1280 | NS      | $70671.28     | 0.08%             |  |  |  | No            |                  2 | On Loan: —       |
| Tripod Technology Corp.                                                   | Tripod Technology Corp.                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |      5181 | NS      | $57555.43     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| NGL Energy Operating LLC                                                  | NGL Energy Operating LLC                                                  | CUSIP: 62922LAD0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     19000 | PA      | $19427.50     | 0.02%             | 2032-02-15      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| Anadolu Anonim Turk Sigorta Sirketi                                       | Anadolu Anonim Turk Sigorta Sirketi                                       | CUSIP: N/A<br>LEI: 7890003EBGYKQKKFKE32       | Long             | EC               | CORP              | TR        |     71640 | NS      | $39487.69     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Cie de Saint-Gobain SA                                                    | Cie de Saint-Gobain SA                                                    | CUSIP: N/A<br>LEI: NFONVGN05Z0FMN5PEC35       | Long             | EC               | CORP              | FR        |       809 | NS      | $78385.43     | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Tesla, Inc.                                                               | Tesla, Inc.                                                               | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |       444 | NS      | $202712.64    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Directv Financing LLC                                                     | Directv Financing LLC                                                     | CUSIP: 25461LAD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     20000 | PA      | $19913.20     | 0.02%             | 2031-02-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| Everlight Electronics Co. Ltd.                                            | Everlight Electronics Co. Ltd.                                            | CUSIP: N/A<br>LEI: 2549005XKYNKN91J5J47       | Long             | EC               | CORP              | TW        |     15895 | NS      | $30299.83     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Post AG                                                          | Deutsche Post AG                                                          | CUSIP: N/A<br>LEI: 8ER8GIG7CSMVD8VUFE78       | Long             | EC               | CORP              | DE        |      1762 | NS      | $80832.58     | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Mr Price Group Ltd.                                                       | Mr Price Group Ltd.                                                       | CUSIP: N/A<br>LEI: 378900D3417C35C5D733       | Long             | EC               | CORP              | ZA        |      2672 | NS      | $31882.14     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Federal Realty Investment Trust                                           | Federal Realty Investment Trust                                           | CUSIP: 313745101<br>LEI: 549300FHEI1SLVZ0RB48 | Long             | EC               | CORP              | US        |       339 | NS      | $32608.41     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Marcopolo SA                                                              | Marcopolo SA (Preference)                                                 | CUSIP: N/A<br>LEI: 254900XL58LF2D2QUX37       | Long             | EC               | CORP              | BR        |     30279 | NS      | $44630.99     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| BGC Group, Inc.                                                           | BGC Group, Inc.                                                           | CUSIP: 088929AB0<br>LEI: 2549001IGRCG4F0RLD36 | Long             | DBT              | CORP              | US        |    345000 | PA      | $344515.34    | 0.37%             | 2025-12-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Sun Hung Kai Properties Ltd.                                              | Sun Hung Kai Properties Ltd.                                              | CUSIP: N/A<br>LEI: 529900LUMD393RD3S874       | Long             | EC               | CORP              | HK        |      3000 | NS      | $36464.60     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Becton Dickinson & Co.                                                    | Becton Dickinson & Co.                                                    | CUSIP: 075887109<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | EC               | CORP              | US        |       378 | NS      | $67552.38     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| TCL Electronics Holdings Ltd.                                             | TCL Electronics Holdings Ltd.                                             | CUSIP: N/A<br>LEI: 5299000Y9D001SNNTJ48       | Long             | EC               | CORP              | KY        |     32000 | NS      | $38010.18     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Holdings plc                                                         | HSBC Holdings plc                                                         | CUSIP: 404280FG9<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    240000 | PA      | $239989.82    | 0.26%             | 2036-11-06      | Variable      | 5.13%                 | No            |                  2 | On Loan: No      |
| Turkish Lira                                                              | Turkish Lira                                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | TR        |   1603517 | OU      | $38129.95     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Arista Networks, Inc.                                                     | Arista Networks, Inc.                                                     | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |       262 | NS      | $41314.78     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Honda Motor Co. Ltd.                                                      | Honda Motor Co. Ltd.                                                      | CUSIP: N/A<br>LEI: 549300P7ZYCQJ36CCS16       | Long             | EC               | CORP              | JP        |      7400 | NS      | $74907.53     | 0.08%             |  |  |  | No            |                  2 | On Loan: —       |
| Hilton Grand Vacations Borrower LLC                                       | Hilton Grand Vacations Borrower LLC                                       | CUSIP: 43284MAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     56000 | PA      | $51760.24     | 0.06%             | 2031-07-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| Carriage Purchaser, Inc.                                                  | Carriage Purchaser, Inc.                                                  | CUSIP: 14445LAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     53000 | PA      | $49593.35     | 0.05%             | 2029-10-15      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| United Parcel Service, Inc.                                               | United Parcel Service, Inc., Class B                                      | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |       866 | NS      | $83499.72     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Up Fintech Holding Ltd.                                                   | Up Fintech Holding Ltd.                                                   | CUSIP: 91531W106<br>LEI: 213800JJDNMAG3L84P54 | Long             | EC               | CORP              | KY        |      1541 | NS      | $16611.98     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Five Point Operating Co. LP                                               | Five Point Operating Co. LP                                               | CUSIP: 33834YAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     74000 | PA      | $75618.75     | 0.08%             | 2030-10-01      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Omega Healthcare Investors, Inc.                                          | Omega Healthcare Investors, Inc.                                          | CUSIP: 681936100<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | EC               | CORP              | US        |       786 | NS      | $33035.58     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Univision Communications, Inc.                                            | Univision Communications, Inc.                                            | CUSIP: 914906AZ5<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |     23000 | PA      | $23518.65     | 0.03%             | 2031-07-31      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Orix JREIT, Inc.                                                          | Orix JREIT, Inc.                                                          | CUSIP: N/A<br>LEI: 353800WVNTBIU65TA247       | Long             | EC               | CORP              | JP        |        38 | NS      | $25717.99     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Vinci SA                                                                  | Vinci SA                                                                  | CUSIP: N/A<br>LEI: 213800WFQ334R8UXUG83       | Long             | EC               | CORP              | FR        |       737 | NS      | $98457.40     | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Publicis Groupe SA                                                        | Publicis Groupe SA                                                        | CUSIP: N/A<br>LEI: 2138004KW8BV57III342       | Long             | EC               | CORP              | FR        |       666 | NS      | $66633.31     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Apollo Commercial Real Estate Finance, Inc.                               | Apollo Commercial Real Estate Finance, Inc.                               | CUSIP: 03762UAD7<br>LEI: 549300E0AN7M2AQHSY29 | Long             | DBT              | CORP              | US        |    104000 | PA      | $100100.00    | 0.11%             | 2029-06-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| Solstice Advanced Materials, Inc.                                         | Solstice Advanced Materials, Inc.                                         | CUSIP: 83443Q103<br>LEI: 2138004GZ4H9TW6HK435 | Long             | EC               | CORP              | US        |        35 | NS      | $1566.18      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Alior Bank SA                                                             | Alior Bank SA                                                             | CUSIP: N/A<br>LEI: 259400QHDOZWMJ103294       | Long             | EC               | CORP              | PL        |      1566 | NS      | $43613.08     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| LVMH Moet Hennessy Louis Vuitton SE                                       | LVMH Moet Hennessy Louis Vuitton SE                                       | CUSIP: N/A<br>LEI: IOG4E947OATN0KJYSD45       | Long             | EC               | CORP              | FR        |       304 | NS      | $214483.27    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| KKR & Co., Inc.                                                           | KKR & Co., Inc.                                                           | CUSIP: 48251W104<br>LEI: 54930013V5I303TF9571 | Long             | EC               | CORP              | US        |       208 | NS      | $24612.64     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Republic of Angola                                                        | Republic of Angola                                                        | CUSIP: 035198AH3<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |    545000 | PA      | $531375.00    | 0.58%             | 2031-01-15      | Fixed         | 9.24%                 | Yes           |                  2 | On Loan: No      |
| Antero Midstream Partners LP                                              | Antero Midstream Partners LP                                              | CUSIP: 03690AAM8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     88000 | PA      | $87902.32     | 0.10%             | 2033-10-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Progressive Corp. (The)                                                   | Progressive Corp. (The)                                                   | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |       127 | NS      | $26162.00     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Azrieli Group Ltd.                                                        | Azrieli Group Ltd.                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IL        |       276 | NS      | $29057.93     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| CK Asset Holdings Ltd.                                                    | CK Asset Holdings Ltd.                                                    | CUSIP: N/A<br>LEI: 5299006GJZSGP78B8S35       | Long             | EC               | CORP              | KY        |      6600 | NS      | $32649.43     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Republic Services, Inc.                                                   | Republic Services, Inc.                                                   | CUSIP: 760759BC3<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |     50000 | PA      | $51362.00     | 0.06%             | 2034-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Patrick Industries, Inc.                                                  | Patrick Industries, Inc.                                                  | CUSIP: 703343AD5<br>LEI: 549300FZ5ZTCCJ3Z5W14 | Long             | DBT              | CORP              | US        |    198000 | PA      | $194808.24    | 0.21%             | 2029-05-01      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: —       |
| Home Depot, Inc. (The)                                                    | Home Depot, Inc. (The)                                                    | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |      1148 | NS      | $435769.32    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| General Mills, Inc.                                                       | General Mills, Inc.                                                       | CUSIP: 370334104<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | EC               | CORP              | US        |       601 | NS      | $28012.61     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| QBE Insurance Group Ltd.                                                  | QBE Insurance Group Ltd.                                                  | CUSIP: N/A<br>LEI: 549300D2FBW76FPUSG65       | Long             | EC               | CORP              | AU        |      3625 | NS      | $47057.26     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Hess Midstream Operations LP                                              | Hess Midstream Operations LP                                              | CUSIP: 428102AE7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $291762.00    | 0.32%             | 2030-02-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| AXA SA                                                                    | AXA SA                                                                    | CUSIP: N/A<br>LEI: F5WCUMTUM4RKZ1MAIE39       | Long             | EC               | CORP              | FR        |      2314 | NS      | $100367.94    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Deere & Co.                                                               | Deere & Co.                                                               | CUSIP: 244199BM6<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | DBT              | CORP              | US        |     85000 | PA      | $89344.55     | 0.10%             | 2055-01-19      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Pixart Imaging, Inc.                                                      | Pixart Imaging, Inc.                                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |      6005 | NS      | $45319.28     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Newmont Corp.                                                             | Newmont Corp.                                                             | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |      5255 | NS      | $425497.35    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| SK Invictus Intermediate II Sarl                                          | SK Invictus Intermediate II Sarl                                          | CUSIP: 29977LAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |     97000 | PA      | $95423.75     | 0.10%             | 2029-10-30      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Crowdstrike Holdings, Inc.                                                | Crowdstrike Holdings, Inc.                                                | CUSIP: 22788CAA3<br>LEI: 549300YBY08K9KM4HX32 | Long             | DBT              | CORP              | US        |    182000 | PA      | $173147.28    | 0.19%             | 2029-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: —       |
| Armor Holdco, Inc.                                                        | Armor Holdco, Inc.                                                        | CUSIP: 04625PAA9<br>LEI: 254900X6HLK0YPTHHF09 | Long             | DBT              | CORP              | US        |     34000 | PA      | $33979.60     | 0.04%             | 2029-11-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Western Midstream Operating LP                                            | Western Midstream Operating LP                                            | CUSIP: 958667AE7<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |     20000 | PA      | $21074.14     | 0.02%             | 2033-04-01      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| Seagate Data Storage Technology Pte. Ltd.                                 | Seagate Data Storage Technology Pte. Ltd.                                 | CUSIP: 81180LAS4<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |     19000 | PA      | $19471.58     | 0.02%             | 2034-12-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: —       |
| Tokyo Electron Ltd.                                                       | Tokyo Electron Ltd.                                                       | CUSIP: N/A<br>LEI: 549300H5LSF8DP3RIJ34       | Long             | EC               | CORP              | JP        |       700 | NS      | $155252.74    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| United Airlines, Inc.                                                     | United Airlines, Inc.                                                     | CUSIP: 90932LAH0<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |    228000 | PA      | $225815.76    | 0.25%             | 2029-04-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| Avis Budget Car Rental LLC                                                | Avis Budget Car Rental LLC                                                | CUSIP: 053773BK2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     74000 | PA      | $75904.76     | 0.08%             | 2032-06-15      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| Telecom Italia Capital SA                                                 | Telecom Italia Capital SA                                                 | CUSIP: 87927VAV0<br>LEI: 549300777DJZOR5C4L39 | Long             | DBT              | CORP              | LU        |    103000 | PA      | $114928.43    | 0.12%             | 2038-06-04      | Fixed         | 7.72%                 | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Notes                                                       | CUSIP: 91282CMM0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1475000 | PA      | $1537917.90   | 1.67%             | 2035-02-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Bombardier, Inc.                                                          | Bombardier, Inc.                                                          | CUSIP: 097751CA7<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |     14000 | PA      | $15097.46     | 0.02%             | 2030-11-15      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| Novelis Corp.                                                             | Novelis Corp.                                                             | CUSIP: 670001AE6<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |     86000 | PA      | $83097.50     | 0.09%             | 2030-01-30      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Southwestern Public Service Co.                                           | Southwestern Public Service Co.                                           | CUSIP: 845743BX0<br>LEI: OL6FE7QD5EQ3DOYEO258 | Long             | DBT              | CORP              | US        |    130000 | PA      | $135815.77    | 0.15%             | 2054-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                       | S&P 500 Index                                                             | CUSIP: 00PBZ9515<br>LEI: N/A                  | N/A              | DE               |  | US        |        -6 | NC      | $-1530.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Sound Point CLO XXVII Ltd.                                                | Sound Point CLO XXVII Ltd., Series 2020-2A, Class AR                      | CUSIP: 83611VAS7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    340000 | PA      | $340213.52    | 0.37%             | 2034-10-25      | Floating      | 5.30%                 | Yes           |                  2 | On Loan: No      |
| Hologic, Inc.                                                             | Hologic, Inc.                                                             | CUSIP: 436440101<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | EC               | CORP              | US        |       391 | NS      | $28898.81     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| PNC Financial Services Group, Inc. (The)                                  | PNC Financial Services Group, Inc. (The)                                  | CUSIP: 693475105<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EC               | CORP              | US        |       752 | NS      | $137277.60    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Mativ Holdings, Inc.                                                      | Mativ Holdings, Inc.                                                      | CUSIP: 808541AC0<br>LEI: 549300Z1FU4IDULG1R21 | Long             | DBT              | CORP              | US        |     50000 | PA      | $48393.00     | 0.05%             | 2029-10-01      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| United Integrated Services Co. Ltd.                                       | United Integrated Services Co. Ltd.                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |      2000 | NS      | $56081.45     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Q Technology Group Co. Ltd.                                               | Q Technology Group Co. Ltd.                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KY        |     11000 | NS      | $19804.26     | 0.02%             |  |  |  | Yes           |                  2 | On Loan: No      |
| W.W. Grainger, Inc.                                                       | W.W. Grainger, Inc.                                                       | CUSIP: 384802104<br>LEI: 549300TWZSP6O1IH2V34 | Long             | EC               | CORP              | US        |        21 | NS      | $20559.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| CoreWeave, Inc.                                                           | CoreWeave, Inc.                                                           | CUSIP: 21873SAC2<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |     60000 | PA      | $60000.00     | 0.07%             | 2031-02-01      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| Vistra Operations Co. LLC                                                 | Vistra Operations Co. LLC                                                 | CUSIP: 92840VAP7<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |     52000 | PA      | $55120.00     | 0.06%             | 2031-10-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| Chicony Electronics Co. Ltd.                                              | Chicony Electronics Co. Ltd.                                              | CUSIP: N/A<br>LEI: 254900JBP5GB5B1IHS51       | Long             | EC               | CORP              | TW        |      7918 | NS      | $33484.27     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| China Nonferrous Mining Corp. Ltd.                                        | China Nonferrous Mining Corp. Ltd.                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | HK        |     23000 | NS      | $42474.47     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Adobe, Inc.                                                               | Adobe, Inc.                                                               | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |        76 | NS      | $25863.56     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Enpro, Inc.                                                               | Enpro, Inc.                                                               | CUSIP: 29355XAH0<br>LEI: 549300Y5CFT2LKCFDN54 | Long             | DBT              | CORP              | US        |     55000 | PA      | $56375.00     | 0.06%             | 2033-06-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| Regency Centers Corp.                                                     | Regency Centers Corp.                                                     | CUSIP: 758849103<br>LEI: 529900053A7X7FJ97S58 | Long             | EC               | CORP              | US        |       462 | NS      | $31854.90     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Imperial Brands plc                                                       | Imperial Brands plc                                                       | CUSIP: N/A<br>LEI: 549300DFVPOB67JL3A42       | Long             | EC               | CORP              | GB        |      1656 | NS      | $65808.49     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Delta Air Lines, Inc.                                                     | Delta Air Lines, Inc.                                                     | CUSIP: 247361A32<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | DBT              | CORP              | US        |     55000 | PA      | $56268.85     | 0.06%             | 2030-07-10      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Altria Group, Inc.                                                        | Altria Group, Inc.                                                        | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               | CORP              | US        |      2418 | NS      | $136326.84    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| KEPCO Plant Service & Engineering Co. Ltd.                                | KEPCO Plant Service & Engineering Co. Ltd.                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |      1072 | NS      | $38147.32     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Canadian National Railway Co.                                             | Canadian National Railway Co.                                             | CUSIP: 136375102<br>LEI: 3SU7BEP7TH9YEQOZCS77 | Long             | EC               | CORP              | CA        |       900 | NS      | $86300.67     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Safestore Holdings plc                                                    | Safestore Holdings plc                                                    | CUSIP: N/A<br>LEI: 213800WGA3YSJC1YOH73       | Long             | EC               | CORP              | GB        |      2238 | NS      | $21021.43     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Encompass Health Corp.                                                    | Encompass Health Corp.                                                    | CUSIP: 29261AAE0<br>LEI: 549300FVRPM9DRQZRG64 | Long             | DBT              | CORP              | US        |     46000 | PA      | $44905.66     | 0.05%             | 2031-04-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: —       |
| Synchrony Financial                                                       | Synchrony Financial                                                       | CUSIP: 87165BAU7<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |    122000 | PA      | $128832.00    | 0.14%             | 2033-02-02      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Genertec Universal Medical Group Co. Ltd.                                 | Genertec Universal Medical Group Co. Ltd.                                 | CUSIP: N/A<br>LEI: 2549007JDMSRWFODDQ05       | Long             | EC               | CORP              | HK        |     29179 | NS      | $23243.92     | 0.03%             |  |  |  | Yes           |                  2 | On Loan: No      |
| General Dynamics Corp.                                                    | General Dynamics Corp.                                                    | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |        93 | NS      | $32075.70     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| DT Midstream, Inc.                                                        | DT Midstream, Inc.                                                        | CUSIP: 23345MAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     58000 | PA      | $56199.63     | 0.06%             | 2031-06-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| Deere & Co.                                                               | Deere & Co.                                                               | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |        62 | NS      | $28621.06     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Caribbean Cruises Ltd.                                              | Royal Caribbean Cruises Ltd.                                              | CUSIP: N/A<br>LEI: K2NEH8QNVW44JIWK7Z55       | Long             | EC               | CORP              | LR        |        93 | NS      | $26675.19     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Ventas, Inc.                                                              | Ventas, Inc.                                                              | CUSIP: 92276F100<br>LEI: ORQTRC074CWLT3DKHT41 | Long             | EC               | CORP              | US        |       651 | NS      | $48037.29     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Bombardier, Inc.                                                          | Bombardier, Inc.                                                          | CUSIP: 097751AL5<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $222352.00    | 0.24%             | 2034-05-01      | Fixed         | 7.45%                 | Yes           |                  2 | On Loan: No      |
| Tesco plc                                                                 | Tesco plc                                                                 | CUSIP: N/A<br>LEI: 2138002P5RNKC5W2JZ46       | Long             | EC               | CORP              | GB        |     12180 | NS      | $73507.98     | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| FANUC Corp.                                                               | FANUC Corp.                                                               | CUSIP: N/A<br>LEI: 529900QTSW745LOKW705       | Long             | EC               | CORP              | JP        |      2200 | NS      | $70078.52     | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Iberdrola SA                                                              | Iberdrola SA                                                              | CUSIP: N/A<br>LEI: 5QK37QC7NWOJ8D7WVQ45       | Long             | EC               | CORP              | ES        |      6743 | NS      | $136520.79    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Aneka Tambang Tbk.                                                        | Aneka Tambang Tbk.                                                        | CUSIP: N/A<br>LEI: 529900LRE2NALSSHMB80       | Long             | EC               | CORP              | ID        |    226900 | NS      | $42296.45     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Consolidated Edison, Inc.                                                 | Consolidated Edison, Inc.                                                 | CUSIP: 209115104<br>LEI: 54930033SBW53OO8T749 | Long             | EC               | CORP              | US        |       671 | NS      | $65362.11     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Capitaland India Trust                                                    | Capitaland India Trust                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | SG        |     28100 | NS      | $26122.46     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Cascades, Inc.                                                            | Cascades, Inc.                                                            | CUSIP: 14739LAD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    145000 | PA      | $148324.85    | 0.16%             | 2030-07-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Southern Co. (The)                                                        | Southern Co. (The)                                                        | CUSIP: 842587107<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EC               | CORP              | US        |       319 | NS      | $29998.76     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Directv Financing LLC                                                     | Directv Financing LLC                                                     | CUSIP: 25461LAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    110000 | PA      | $109076.00    | 0.12%             | 2030-02-01      | Fixed         | 8.88%                 | Yes           |                  2 | On Loan: No      |
| Danaos Corp.                                                              | Danaos Corp.                                                              | CUSIP: 23585WAC8<br>LEI: 734IM3DNDNT36T7YTD24 | Long             | DBT              | CORP              | MH        |     87000 | PA      | $85497.51     | 0.09%             | 2032-10-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| Citigroup, Inc.                                                           | Citigroup, Inc.                                                           | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |       380 | NS      | $38467.40     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase Bank NA                                                    | JPMorgan Chase Bank NA                                                    | CUSIP: 466303849<br>LEI: 7H6GLXDRUGQFU57RNE97 | Long             | SN               | CORP              | US        |       618 | NS      | $4159749.29   | 4.52%             | 2025-11-25      | Fixed         | 28.29%                | No            |                  2 | On Loan: No      |
| Swiss Franc                                                               | Swiss Franc                                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | CH        |     33149 | OU      | $41191.09     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Getty Images, Inc.                                                        | Getty Images, Inc.                                                        | CUSIP: 374276AM5<br>LEI: 5493005NV20IG4VEKZ40 | Long             | DBT              | CORP              | US        |     50224 | PA      | $49753.15     | 0.05%             | 2030-02-21      | Fixed         | 11.25%                | Yes           |                  2 | On Loan: No      |
| Broadcom, Inc.                                                            | Broadcom, Inc.                                                            | CUSIP: 11135FBT7<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    240000 | PA      | $234621.62    | 0.25%             | 2032-04-15      | Fixed         | 4.15%                 | Yes           |                  2 | On Loan: No      |
| FinVolution Group                                                         | FinVolution Group                                                         | CUSIP: 31810T101<br>LEI: 3003000RAVUT809U6P08 | Long             | EC               | CORP              | KY        |      4277 | NS      | $26132.47     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                                                            | Morgan Stanley                                                            | CUSIP: 61747YFT7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    160000 | PA      | $164726.46    | 0.18%             | 2035-07-19      | Variable      | 5.32%                 | No            |                  2 | On Loan: No      |
| Rithm Capital Corp.                                                       | Rithm Capital Corp.                                                       | CUSIP: 64828TAC6<br>LEI: 549300WNTHGEO5LP2G31 | Long             | DBT              | CORP              | US        |     86000 | PA      | $87118.86     | 0.09%             | 2030-07-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Samsung Securities Co. Ltd.                                               | Samsung Securities Co. Ltd.                                               | CUSIP: N/A<br>LEI: 988400RBTJTHNUOHE716       | Long             | EC               | CORP              | KR        |       929 | NS      | $50403.02     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Elan Microelectronics Corp.                                               | Elan Microelectronics Corp.                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |      9578 | NS      | $38634.79     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Husky Injection Molding Systems Ltd.                                      | Husky Injection Molding Systems Ltd.                                      | CUSIP: 44805RAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     93000 | PA      | $96115.50     | 0.10%             | 2029-02-15      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| S&P Global, Inc.                                                          | S&P Global, Inc.                                                          | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |        63 | NS      | $30694.23     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| TriMas Corp.                                                              | TriMas Corp.                                                              | CUSIP: 896215AH3<br>LEI: 75G1WUQ8QK4P5MZOYD78 | Long             | DBT              | CORP              | US        |    179000 | PA      | $172856.72    | 0.19%             | 2029-04-15      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| InvenTrust Properties Corp.                                               | InvenTrust Properties Corp.                                               | CUSIP: 46124J201<br>LEI: 5493006BQYSOBYVUFA03 | Long             | EC               | CORP              | US        |       902 | NS      | $24714.80     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Raizen Fuels Finance SA                                                   | Raizen Fuels Finance SA                                                   | CUSIP: 75102XAE6<br>LEI: 52990010NH26VC32Q522 | Long             | DBT              | CORP              | LU        |    375000 | PA      | $314062.50    | 0.34%             | 2037-02-25      | Fixed         | 6.70%                 | Yes           |                  2 | On Loan: No      |
| Japanese Yen                                                              | Japanese Yen                                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | JP        |   3801728 | OU      | $24668.92     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Wesfarmers Ltd.                                                           | Wesfarmers Ltd.                                                           | CUSIP: N/A<br>LEI: 5493003L32ZX9557ST85       | Long             | EC               | CORP              | AU        |      1763 | NS      | $96896.60     | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| AutoZone, Inc.                                                            | AutoZone, Inc.                                                            | CUSIP: 053332102<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | EC               | CORP              | US        |         8 | NS      | $29395.44     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| NRG Energy, Inc.                                                          | NRG Energy, Inc.                                                          | CUSIP: 629377CQ3<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    260000 | PA      | $246844.00    | 0.27%             | 2029-02-15      | Fixed         | 3.38%                 | Yes           |                  2 | On Loan: No      |
| Nissan Motor Co. Ltd.                                                     | Nissan Motor Co. Ltd.                                                     | CUSIP: 654922AB9<br>LEI: 353800DRBDH1LUTNAY26 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $209568.00    | 0.23%             | 2030-07-17      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| Otis Worldwide Corp.                                                      | Otis Worldwide Corp.                                                      | CUSIP: 68902V107<br>LEI: 549300ZLBKR8VSU25153 | Long             | EC               | CORP              | US        |       258 | NS      | $23932.08     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Poly Property Services Co. Ltd.                                           | Poly Property Services Co. Ltd., Class H                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |     10386 | NS      | $44829.06     | 0.05%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Allianz SE                                                                | Allianz SE                                                                | CUSIP: 018820AC4<br>LEI: 529900K9B0N5BT694847 | Long             | DBT              | CORP              | DE        |    200000 | PA      | $215000.00    | 0.23%             | 2053-09-06      | Variable      | 6.35%                 | Yes           |                  2 | On Loan: No      |
| Stellantis Finance US, Inc.                                               | Stellantis Finance US, Inc.                                               | CUSIP: 85855CAL4<br>LEI: 549300QZ0AI8Q7LNON33 | Long             | DBT              | CORP              | US        |    200000 | PA      | $207576.52    | 0.23%             | 2035-03-18      | Fixed         | 6.45%                 | Yes           |                  2 | On Loan: No      |
| Tencent Holdings Ltd.                                                     | Tencent Holdings Ltd.                                                     | CUSIP: N/A<br>LEI: 254900N4SLUMW4XUYY11       | Long             | EC               | CORP              | KY        |      1600 | NS      | $129514.64    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Univision Communications, Inc.                                            | Univision Communications, Inc.                                            | CUSIP: 914906BA9<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |    136000 | PA      | $143497.68    | 0.16%             | 2032-08-01      | Fixed         | 9.38%                 | Yes           |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                                           | Goldman Sachs Group, Inc. (The), Series X                                 | CUSIP: 38141GA79<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    300000 | PA      | $318000.00    | 0.35%             | 2029-05-10      | Variable      | 7.50%                 | No            |                  2 | On Loan: No      |
| Broadcom, Inc.                                                            | Broadcom, Inc.                                                            | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |       715 | NS      | $264285.45    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Taylor Morrison Communities, Inc.                                         | Taylor Morrison Communities, Inc.                                         | CUSIP: 87724RAA0<br>LEI: 549300O1Z08HI2MRK572 | Long             | DBT              | CORP              | US        |    178000 | PA      | $179668.75    | 0.20%             | 2027-06-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| UniCredit SpA                                                             | UniCredit SpA                                                             | CUSIP: 904678AQ2<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |    240000 | PA      | $257100.00    | 0.28%             | 2034-04-02      | Variable      | 7.30%                 | Yes           |                  2 | On Loan: No      |
| Canadian Dollar                                                           | Canadian Dollar                                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | CA        |     14933 | OU      | $10647.11     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| McKesson Corp.                                                            | McKesson Corp.                                                            | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |        42 | NS      | $34076.28     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Genesis Energy LP                                                         | Genesis Energy LP                                                         | CUSIP: 37185LAR3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    120000 | PA      | $123556.80    | 0.13%             | 2033-05-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Jane Street Group                                                         | Jane Street Group                                                         | CUSIP: 47077WAE8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    321000 | PA      | $335576.61    | 0.36%             | 2033-05-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Roper Technologies, Inc.                                                  | Roper Technologies, Inc.                                                  | CUSIP: 776696106<br>LEI: 54930003T4SXCIWVXY35 | Long             | EC               | CORP              | US        |        48 | NS      | $21415.20     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Long Ridge Energy LLC                                                     | Long Ridge Energy LLC                                                     | CUSIP: 54288CAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    101000 | PA      | $104408.75    | 0.11%             | 2032-02-15      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                       | S&P 500 Index                                                             | CUSIP: 00PBZ9531<br>LEI: N/A                  | N/A              | DE               |  | US        |        -6 | NC      | $-1680.00     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BAE Systems plc                                                           | BAE Systems plc                                                           | CUSIP: N/A<br>LEI: 8SVCSVKSGDWMW2QHOH83       | Long             | EC               | CORP              | GB        |      3440 | NS      | $84552.88     | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley Private Bank NA                                            | Morgan Stanley Private Bank NA                                            | CUSIP: 61776NVG5<br>LEI: 549300GS0W0TEUQS8571 | Long             | DBT              | CORP              | US        |    250000 | PA      | $253361.80    | 0.28%             | 2031-07-18      | Variable      | 4.73%                 | No            |                  2 | On Loan: No      |
| Northern Star Resources Ltd.                                              | Northern Star Resources Ltd.                                              | CUSIP: N/A<br>LEI: 254900XFXCRYYZAX6M78       | Long             | EC               | CORP              | AU        |      3923 | NS      | $63169.41     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Abbott Laboratories                                                       | Abbott Laboratories                                                       | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |       319 | NS      | $39434.78     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Match Group Holdings II LLC                                               | Match Group Holdings II LLC                                               | CUSIP: 57667JAC6<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |     90000 | PA      | $90495.00     | 0.10%             | 2033-09-15      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| Meta Platforms, Inc.                                                      | Meta Platforms, Inc., Class A                                             | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |       349 | NS      | $226274.15    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| UWM Holdings LLC                                                          | UWM Holdings LLC                                                          | CUSIP: 903522AB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     45000 | PA      | $44943.75     | 0.05%             | 2031-03-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Medtronic plc                                                             | Medtronic plc                                                             | CUSIP: N/A<br>LEI: 549300GX3ZBSQWUXY261       | Long             | EC               | CORP              | IE        |      1358 | NS      | $123170.60    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Koninklijke Ahold Delhaize NV                                             | Koninklijke Ahold Delhaize NV                                             | CUSIP: N/A<br>LEI: 724500C9GNBV20UYRX36       | Long             | EC               | CORP              | NL        |      2086 | NS      | $85381.23     | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Air Products and Chemicals, Inc.                                          | Air Products and Chemicals, Inc.                                          | CUSIP: 009158106<br>LEI: 7QEON6Y1RL5XR3R1W237 | Long             | EC               | CORP              | US        |       367 | NS      | $89030.53     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co.                                                      | JPMorgan Chase & Co.                                                      | CUSIP: 46647PFC5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    210000 | PA      | $217427.72    | 0.24%             | 2036-07-23      | Variable      | 5.58%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp.                                               | Capital One Financial Corp.                                               | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |       163 | NS      | $35858.37     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corp.                                                    | Costco Wholesale Corp.                                                    | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |        78 | NS      | $71093.10     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Multiplan Empreendimentos Imobiliarios SA                                 | Multiplan Empreendimentos Imobiliarios SA                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BR        |      9179 | NS      | $46970.30     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Commonwealth of Australia                                                 | Commonwealth of Australia                                                 | CUSIP: N/A<br>LEI: 213800J6B7JSBDETCB42       | Long             | DBT              | NUSS              | AU        |    710000 | PA      | $408797.35    | 0.44%             | 2035-06-21      | Fixed         | 2.75%                 | Yes           |                  2 | On Loan: No      |
| Manitowoc Co., Inc. (The)                                                 | Manitowoc Co., Inc. (The)                                                 | CUSIP: 563571AN8<br>LEI: 2RTSLGQ89VMY18RHX631 | Long             | DBT              | CORP              | US        |     87000 | PA      | $91432.65     | 0.10%             | 2031-10-01      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| Wayfair LLC                                                               | Wayfair LLC                                                               | CUSIP: 94419NAB3<br>LEI: 549300CTUWTZGOXMYI40 | Long             | DBT              | CORP              | US        |    182000 | PA      | $192101.00    | 0.21%             | 2030-09-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| Kohl's Corp.                                                              | Kohl's Corp.                                                              | CUSIP: 500255AX2<br>LEI: 549300JF6LPRTRJ0FH50 | Long             | DBT              | CORP              | US        |     58000 | PA      | $44914.62     | 0.05%             | 2031-05-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Interface, Inc.                                                           | Interface, Inc.                                                           | CUSIP: 458665AS5<br>LEI: 549300VXZWQOIDFPU355 | Long             | DBT              | CORP              | US        |     81000 | PA      | $80799.12     | 0.09%             | 2028-12-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Baytex Energy Corp.                                                       | Baytex Energy Corp.                                                       | CUSIP: 07317QAK1<br>LEI: 549300R5LTV2H7I1I079 | Long             | DBT              | CORP              | CA        |    119000 | PA      | $116917.50    | 0.13%             | 2032-03-15      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| PBF Holding Co. LLC                                                       | PBF Holding Co. LLC                                                       | CUSIP: 69318FAL2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     74000 | PA      | $74227.18     | 0.08%             | 2030-09-15      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| iShares MSCI India ETF                                                    | iShares MSCI India ETF                                                    | CUSIP: 46429B598<br>LEI: 549300282VMCFH7S5848 | Long             |  | RF                | US        |     12641 | NS      | $682234.77    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                       | S&P 500 Index                                                             | CUSIP: 00CC599M0<br>LEI: N/A                  | N/A              | DE               |  | US        |       -12 | NC      | $-304320.00   | -0.33%            |  |  |  | No            |                  2 | On Loan: No      |
| Micron Technology, Inc.                                                   | Micron Technology, Inc.                                                   | CUSIP: 595112CH4<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |    125000 | PA      | $133733.91    | 0.15%             | 2035-11-01      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Allegiant Travel Co.                                                      | Allegiant Travel Co.                                                      | CUSIP: 01748XAD4<br>LEI: 549300JM9OZXOHWL2K18 | Long             | DBT              | CORP              | US        |    138000 | PA      | $139552.50    | 0.15%             | 2027-08-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| Versant Media Group, Inc.                                                 | Versant Media Group, Inc.                                                 | CUSIP: 925283AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     20000 | PA      | $20384.20     | 0.02%             | 2031-01-30      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: —       |
| TTM Technologies, Inc.                                                    | TTM Technologies, Inc.                                                    | CUSIP: 87305RAK5<br>LEI: 549300SC4BDOIS008048 | Long             | DBT              | CORP              | US        |    175000 | PA      | $169039.50    | 0.18%             | 2029-03-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Warnermedia Holdings, Inc.                                                | Warnermedia Holdings, Inc.                                                | CUSIP: 55903VBQ5<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    135000 | PA      | $123735.94    | 0.13%             | 2032-03-15      | Fixed         | 4.28%                 | No            |                  2 | On Loan: —       |
| Petrobras Global Finance BV                                               | Petrobras Global Finance BV                                               | CUSIP: 71647NBN8<br>LEI: 549300FNENFFSMO3GT38 | Long             | DBT              | CORP              | NL        |    435000 | PA      | $429867.00    | 0.47%             | 2036-01-10      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Synchrony Financial                                                       | Synchrony Financial                                                       | CUSIP: 87165BAV5<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |     65000 | PA      | $67238.18     | 0.07%             | 2030-08-02      | Variable      | 5.93%                 | No            |                  2 | On Loan: No      |
| VistaJet Malta Finance plc                                                | VistaJet Malta Finance plc                                                | CUSIP: 92840JAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     11000 | PA      | $11175.23     | 0.01%             | 2027-05-01      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| Intesa Sanpaolo SpA                                                       | Intesa Sanpaolo SpA                                                       | CUSIP: 46115HCB1<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |    265000 | PA      | $317168.59    | 0.34%             | 2054-06-20      | Variable      | 7.78%                 | Yes           |                  2 | On Loan: No      |
| Philip Morris International, Inc.                                         | Philip Morris International, Inc.                                         | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |      1853 | NS      | $267443.49    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| APR Corp.                                                                 | APR Corp.                                                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |       141 | NS      | $25236.01     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| IDEX Corp.                                                                | IDEX Corp.                                                                | CUSIP: 45167R104<br>LEI: 549300U5Y5EL6PHYLF13 | Long             | EC               | CORP              | US        |       147 | NS      | $25204.62     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| ASPEED Technology, Inc.                                                   | ASPEED Technology, Inc.                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |       300 | NS      | $53381.48     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| SPX FLOW, Inc.                                                            | SPX FLOW, Inc.                                                            | CUSIP: 758071AA2<br>LEI: 5493003YXEKRBINIEM78 | Long             | DBT              | CORP              | US        |     40000 | PA      | $40872.00     | 0.04%             | 2030-04-01      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| DTE Electric Co.                                                          | DTE Electric Co.                                                          | CUSIP: 23338VAY2<br>LEI: 9N0FWODEJVKHC2DYLO03 | Long             | DBT              | CORP              | US        |     85000 | PA      | $87590.39     | 0.10%             | 2035-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Foxsemicon Integrated Technology, Inc.                                    | Foxsemicon Integrated Technology, Inc.                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |      3946 | NS      | $47622.59     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| DBS Group Holdings Ltd.                                                   | DBS Group Holdings Ltd.                                                   | CUSIP: N/A<br>LEI: 5493007FKT78NKPM5V55       | Long             | EC               | CORP              | SG        |      2800 | NS      | $116014.14    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Reckitt Benckiser Group plc                                               | Reckitt Benckiser Group plc                                               | CUSIP: N/A<br>LEI: 5493003JFSMOJG48V108       | Long             | EC               | CORP              | GB        |      1137 | NS      | $86872.25     | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Palantir Technologies, Inc.                                               | Palantir Technologies, Inc., Class A                                      | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |       353 | NS      | $70765.91     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| ITOCHU Corp.                                                              | ITOCHU Corp.                                                              | CUSIP: N/A<br>LEI: J48DJYXDTLHM30UMYI18       | Long             | EC               | CORP              | JP        |      1800 | NS      | $104313.80    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Keurig Dr Pepper, Inc.                                                    | Keurig Dr Pepper, Inc.                                                    | CUSIP: 49271V100<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | EC               | CORP              | US        |      2250 | NS      | $61110.00     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Global Markets Holdings, Inc.                                   | Citigroup Global Markets Holdings, Inc.                                   | CUSIP: 17333P163<br>LEI: 82VOJDD5PTRDMVVMGV31 | Long             | SN               | CORP              | US        |       618 | NS      | $4156492.21   | 4.51%             | 2025-11-25      | Fixed         | 27.18%                | Yes           |                  2 | On Loan: No      |
| NetEase, Inc.                                                             | NetEase, Inc.                                                             | CUSIP: N/A<br>LEI: 5299004AF4DSJDB0PA32       | Long             | EC               | CORP              | KY        |      4600 | NS      | $128459.38    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Comcast Corp.                                                             | Comcast Corp., Class A                                                    | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |      5192 | NS      | $144519.32    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Credit Agricole SA                                                        | Credit Agricole SA                                                        | CUSIP: 22535WAR8<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |    250000 | PA      | $256175.83    | 0.28%             | 2031-05-27      | Variable      | 5.22%                 | Yes           |                  2 | On Loan: No      |
| Sitronix Technology Corp.                                                 | Sitronix Technology Corp.                                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |      3937 | NS      | $25678.04     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| JB Financial Group Co. Ltd.                                               | JB Financial Group Co. Ltd.                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |      2494 | NS      | $39298.33     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Xcel Energy, Inc.                                                         | Xcel Energy, Inc.                                                         | CUSIP: 98389B100<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | EC               | CORP              | US        |       905 | NS      | $73458.85     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Regional SAB de CV                                                        | Regional SAB de CV                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | MX        |      3700 | NS      | $27411.69     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Toll Brothers Finance Corp.                                               | Toll Brothers Finance Corp.                                               | CUSIP: 88947EAX8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    130000 | PA      | $133243.97    | 0.14%             | 2035-06-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Hugel, Inc.                                                               | Hugel, Inc.                                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |        56 | NS      | $10297.95     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Cia de Saneamento de Minas Gerais Copasa MG                               | Cia de Saneamento de Minas Gerais Copasa MG                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BR        |      5051 | NS      | $35357.33     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Travel + Leisure Co.                                                      | Travel + Leisure Co.                                                      | CUSIP: 894164AC6<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |     89000 | PA      | $89784.98     | 0.10%             | 2033-09-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| Hong Kong Exchanges & Clearing Ltd.                                       | Hong Kong Exchanges & Clearing Ltd.                                       | CUSIP: N/A<br>LEI: 213800YTVSXYQN17BW16       | Long             | EC               | CORP              | HK        |      1600 | NS      | $87221.63     | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                                     | Bank of America Corp.                                                     | CUSIP: 06051GMB2<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    350000 | PA      | $357246.65    | 0.39%             | 2035-08-15      | Variable      | 5.42%                 | No            |                  2 | On Loan: No      |
| Turkiye Sigorta A/S                                                       | Turkiye Sigorta A/S                                                       | CUSIP: N/A<br>LEI: 789000O7DB1JKMXK2Q45       | Long             | EC               | CORP              | TR        |     42206 | NS      | $12394.64     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Synopsys, Inc.                                                            | Synopsys, Inc.                                                            | CUSIP: 871607AE7<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50618.06     | 0.05%             | 2035-04-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Barclays plc                                                              | Barclays plc                                                              | CUSIP: 06738ECH6<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    265000 | PA      | $296399.72    | 0.32%             | 2034-06-27      | Variable      | 7.12%                 | No            |                  2 | On Loan: No      |
| Viasat, Inc.                                                              | Viasat, Inc.                                                              | CUSIP: 92552VAN0<br>LEI: UFC8NYMNFSYIHNSM2I38 | Long             | DBT              | CORP              | US        |     81000 | PA      | $78570.00     | 0.09%             | 2028-07-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Public Service Enterprise Group, Inc.                                     | Public Service Enterprise Group, Inc.                                     | CUSIP: 744573106<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | EC               | CORP              | US        |       760 | NS      | $61225.60     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| T-Mobile USA, Inc.                                                        | T-Mobile USA, Inc.                                                        | CUSIP: 87264ADF9<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    155000 | PA      | $158295.52    | 0.17%             | 2034-04-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Japan Hotel REIT Investment Corp.                                         | Japan Hotel REIT Investment Corp.                                         | CUSIP: N/A<br>LEI: 353800L8KG849FP1JI68       | Long             | EC               | CORP              | JP        |        45 | NS      | $26221.53     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Blackstone, Inc.                                                          | Blackstone, Inc.                                                          | CUSIP: 09260D107<br>LEI: 5299004LW4QWGZUB8Y96 | Long             | EC               | CORP              | US        |      1040 | NS      | $152505.60    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| MPH Acquisition Holdings LLC                                              | MPH Acquisition Holdings LLC                                              | CUSIP: 553283AG7<br>LEI: 5493002WXOPRPTXWTU06 | Long             | DBT              | CORP              | US        |     64006 | PA      | $57880.37     | 0.06%             | 2030-12-31      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Diageo plc                                                                | Diageo plc                                                                | CUSIP: N/A<br>LEI: 213800ZVIELEA55JMJ32       | Long             | EC               | CORP              | GB        |      3222 | NS      | $74072.97     | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Netflix, Inc.                                                             | Netflix, Inc.                                                             | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |        83 | NS      | $92865.38     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Federative Republic of Brazil                                             | Federative Republic of Brazil                                             | CUSIP: 105756CL2<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    380000 | PA      | $395960.00    | 0.43%             | 2035-03-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Hong Kong Dollar                                                          | Hong Kong Dollar                                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | HK        |    163511 | OU      | $21042.36     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Hyundai Rotem Co. Ltd.                                                    | Hyundai Rotem Co. Ltd.                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |       300 | NS      | $48534.83     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Israeli Shekel                                                            | Israeli Shekel                                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | IL        |      1761 | OU      | $540.54       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Edison International                                                      | Edison International                                                      | CUSIP: 281020BC0<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |     10000 | PA      | $10376.90     | 0.01%             | 2030-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| US Bancorp                                                                | US Bancorp                                                                | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |      2866 | NS      | $133784.88    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| TEGNA, Inc.                                                               | TEGNA, Inc.                                                               | CUSIP: 87901JAH8<br>LEI: 549300YC5EDBGX85AO10 | Long             | DBT              | CORP              | US        |    129000 | PA      | $127969.29    | 0.14%             | 2029-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                                         | Wells Fargo & Co.                                                         | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |       490 | NS      | $42615.30     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| New Taiwan Dollar                                                         | New Taiwan Dollar                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | TW        |    945387 | OU      | $30753.28     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Enviri Corp.                                                              | Enviri Corp.                                                              | CUSIP: 415864AM9<br>LEI: KAO98FK89NPNNPQGUZ43 | Long             | DBT              | CORP              | US        |     96000 | PA      | $95055.36     | 0.10%             | 2027-07-31      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: —       |
| Sunonwealth Electric Machine Industry Co. Ltd.                            | Sunonwealth Electric Machine Industry Co. Ltd.                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |     10537 | NS      | $51757.82     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Owens-Brockway Glass Container, Inc.                                      | Owens-Brockway Glass Container, Inc.                                      | CUSIP: 69073TAV5<br>LEI: V2UQUCDZJ9WY98W8QU33 | Long             | DBT              | CORP              | US        |    177000 | PA      | $173215.74    | 0.19%             | 2032-06-01      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| Channel Well Technology Co. Ltd.                                          | Channel Well Technology Co. Ltd.                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |     15000 | NS      | $37718.36     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Samyang Foods Co. Ltd.                                                    | Samyang Foods Co. Ltd.                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |        40 | NS      | $37845.24     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco del Bajio SA                                                        | Banco del Bajio SA                                                        | CUSIP: N/A<br>LEI: 4469000001BD95FFLY16       | Long             | EC               | CORP              | MX        |      9909 | NS      | $25286.52     | 0.03%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Alexandria Real Estate Equities, Inc.                                     | Alexandria Real Estate Equities, Inc.                                     | CUSIP: 015271109<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | EC               | CORP              | US        |       295 | NS      | $17174.90     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| SunCoke Energy, Inc.                                                      | SunCoke Energy, Inc.                                                      | CUSIP: 86722AAD5<br>LEI: 1KF1J2NXQE2PI0QOB943 | Long             | DBT              | CORP              | US        |     91000 | PA      | $85006.74     | 0.09%             | 2029-06-30      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| Sirius Real Estate Ltd.                                                   | Sirius Real Estate Ltd.                                                   | CUSIP: N/A<br>LEI: 213800NURUF5W8QSK566       | Long             | EC               | CORP              | GG        |     18012 | NS      | $23626.87     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Cisco Systems, Inc.                                                       | Cisco Systems, Inc.                                                       | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |      4860 | NS      | $355314.60    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Caterpillar, Inc.                                                         | Caterpillar, Inc.                                                         | CUSIP: 149123CL3<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | DBT              | CORP              | US        |    170000 | PA      | $175739.32    | 0.19%             | 2035-05-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Energy Transfer LP                                                        | Energy Transfer LP                                                        | CUSIP: 29273VBH2<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    430000 | PA      | $430475.75    | 0.47%             | 2056-02-15      | Variable      | 6.75%                 | No            |                  2 | On Loan: No      |
| Starbucks Corp.                                                           | Starbucks Corp.                                                           | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | EC               | CORP              | US        |      1560 | NS      | $126157.20    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Stonex Escrow Issuer LLC                                                  | Stonex Escrow Issuer LLC                                                  | CUSIP: 86189AAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    162000 | PA      | $166860.00    | 0.18%             | 2032-07-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| Tauron Polska Energia SA                                                  | Tauron Polska Energia SA                                                  | CUSIP: N/A<br>LEI: 259400NAPDFBOTNCRL54       | Long             | EC               | CORP              | PL        |     19262 | NS      | $52158.14     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Magna International, Inc.                                                 | Magna International, Inc.                                                 | CUSIP: 559222BD5<br>LEI: 95RWVLFZX6VGDZNNTN43 | Long             | DBT              | CORP              | CA        |     70000 | PA      | $73780.33     | 0.08%             | 2035-06-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| PepsiCo, Inc.                                                             | PepsiCo, Inc.                                                             | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |      1839 | NS      | $268659.51    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Corning, Inc.                                                             | Corning, Inc.                                                             | CUSIP: 219350105<br>LEI: 549300X2937PB0CJ7I56 | Long             | EC               | CORP              | US        |      1810 | NS      | $161234.80    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Ping An Insurance Group Co. of China Ltd.                                 | Ping An Insurance Group Co. of China Ltd., Class H                        | CUSIP: N/A<br>LEI: 529900M9MC28JLN35U89       | Long             | EC               | CORP              | CN        |     17500 | NS      | $126455.01    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Kangwon Land, Inc.                                                        | Kangwon Land, Inc.                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |      3567 | NS      | $42260.72     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| First Industrial Realty Trust, Inc.                                       | First Industrial Realty Trust, Inc.                                       | CUSIP: 32054K103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       566 | NS      | $31288.48     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co.                                                      | JPMorgan Chase & Co.                                                      | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |       386 | NS      | $120092.32    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| 3SBio, Inc.                                                               | 3SBio, Inc.                                                               | CUSIP: N/A<br>LEI: 529900P0TQC1E9Y7FN31       | Long             | EC               | CORP              | KY        |     10811 | NS      | $42851.38     | 0.05%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Outfront Media, Inc.                                                      | Outfront Media, Inc.                                                      | CUSIP: 69007J304<br>LEI: 549300RZWDYU5722I639 | Long             | EC               | CORP              | US        |      1478 | NS      | $26145.82     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway, Inc.                                                  | Berkshire Hathaway, Inc., Class B                                         | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |       267 | NS      | $127503.18    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                                                            | Morgan Stanley                                                            | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |       244 | NS      | $40016.00     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| NETSTREIT Corp.                                                           | NETSTREIT Corp.                                                           | CUSIP: 64119V303<br>LEI: 254900CJL0EDMEQ25Q84 | Long             | EC               | CORP              | US        |       139 | NS      | $2588.18      | 0.00%             |  |  |  | No            |                  1 | On Loan: —       |
| Unilever plc                                                              | Unilever plc                                                              | CUSIP: N/A<br>LEI: 549300MKFYEKVRWML317       | Long             | EC               | CORP              | GB        |      2706 | NS      | $163133.09    | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Cheryong Electric Co. Ltd.                                                | Cheryong Electric Co. Ltd.                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |       425 | NS      | $11603.79     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| AMC Networks, Inc.                                                        | AMC Networks, Inc.                                                        | CUSIP: 00164VAK9<br>LEI: 549300VGG9K75226LR46 | Long             | DBT              | CORP              | US        |     82000 | PA      | $86186.10     | 0.09%             | 2032-07-15      | Fixed         | 10.50%                | Yes           |                  2 | On Loan: —       |
| Quanta Services, Inc.                                                     | Quanta Services, Inc.                                                     | CUSIP: 74762E102<br>LEI: SHVRXXEACT60MMH07S24 | Long             | EC               | CORP              | US        |        61 | NS      | $27396.93     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Somnigroup International, Inc.                                            | Somnigroup International, Inc.                                            | CUSIP: 88023UAH4<br>LEI: 549300HFEKVR3US71V91 | Long             | DBT              | CORP              | US        |    199000 | PA      | $191272.83    | 0.21%             | 2029-04-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Advanced Micro Devices, Inc.                                              | Advanced Micro Devices, Inc.                                              | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |       321 | NS      | $82214.52     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Energy Transfer LP                                                        | Energy Transfer LP                                                        | CUSIP: 29273VBE9<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    120000 | PA      | $123764.87    | 0.13%             | 2035-04-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Constellation Energy Corp.                                                | Constellation Energy Corp.                                                | CUSIP: 21037T109<br>LEI: 549300F8Y20RYGNGV346 | Long             | EC               | CORP              | US        |        63 | NS      | $23751.00     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Tong Yang Industry Co. Ltd.                                               | Tong Yang Industry Co. Ltd.                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |      9871 | NS      | $31050.57     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Holdings plc                                                         | HSBC Holdings plc                                                         | CUSIP: 404280EC9<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    270000 | PA      | $306489.20    | 0.33%             | 2034-11-13      | Variable      | 7.40%                 | No            |                  2 | On Loan: No      |
| Holcim AG                                                                 | Holcim AG                                                                 | CUSIP: N/A<br>LEI: 529900EHPFPYHV6IQO98       | Long             | EC               | CORP              | CH        |       890 | NS      | $78897.30     | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| UOL Group Ltd.                                                            | UOL Group Ltd.                                                            | CUSIP: N/A<br>LEI: 254900O9PRCWTMR86R25       | Long             | EC               | CORP              | SG        |      5300 | NS      | $32371.70     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Vertex Pharmaceuticals, Inc.                                              | Vertex Pharmaceuticals, Inc.                                              | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |        49 | NS      | $20852.93     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Holmen AB                                                                 | Holmen AB, Class B                                                        | CUSIP: N/A<br>LEI: 52990080SH3454F0QE68       | Long             | EC               | CORP              | SE        |      1996 | NS      | $75467.82     | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| W&T Offshore, Inc.                                                        | W&T Offshore, Inc.                                                        | CUSIP: 92922PAN6<br>LEI: 549300Q7EOY2YIO3YK85 | Long             | DBT              | CORP              | US        |     58000 | PA      | $54230.00     | 0.06%             | 2029-02-01      | Fixed         | 10.75%                | Yes           |                  2 | On Loan: No      |
| Getty Images, Inc.                                                        | Getty Images, Inc.                                                        | CUSIP: 374276AP8<br>LEI: 5493005NV20IG4VEKZ40 | Long             | DBT              | CORP              | US        |     19000 | PA      | $18477.50     | 0.02%             | 2028-03-01      | Fixed         | 14.00%                | Yes           |                  2 | On Loan: No      |
| Invesco Nasdaq 100 ETF                                                    | Invesco Nasdaq 100 ETF                                                    | CUSIP: 46138G649<br>LEI: 549300TKJ3EA6QHM7D23 | Long             |  | RF                | US        |      7430 | NS      | $1924072.80   | 2.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Rakuten Group, Inc.                                                       | Rakuten Group, Inc.                                                       | CUSIP: 75102WAK4<br>LEI: 529900IMXUCQKUL1H943 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $224080.00    | 0.24%             | 2029-04-15      | Fixed         | 9.75%                 | Yes           |                  2 | On Loan: No      |
| KIWOOM Securities Co. Ltd.                                                | KIWOOM Securities Co. Ltd.                                                | CUSIP: N/A<br>LEI: 988400O27CNGJA2QWJ18       | Long             | EC               | CORP              | KR        |       261 | NS      | $54407.44     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| SLB Ltd.                                                                  | SLB Ltd.                                                                  | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | CW        |      3313 | NS      | $119466.78    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Colgate-Palmolive Co.                                                     | Colgate-Palmolive Co.                                                     | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |      1010 | NS      | $77820.50     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| South Korea Won                                                           | South Korea Won                                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | KR        |   6159455 | OU      | $4323.18      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Materials, Inc.                                                   | Applied Materials, Inc.                                                   | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |       145 | NS      | $33799.50     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Dominion Energy, Inc.                                                     | Dominion Energy, Inc., Series A                                           | CUSIP: 25746UDT3<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |    185000 | PA      | $194018.75    | 0.21%             | 2055-02-01      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| National Grid plc                                                         | National Grid plc                                                         | CUSIP: N/A<br>LEI: 8R95QZMKZLJX5Q2XR704       | Long             | EC               | CORP              | GB        |      6510 | NS      | $97494.93     | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Roche Holding AG                                                          | Roche Holding AG                                                          | CUSIP: N/A<br>LEI: 549300U41AUUVOAAOB37       | Long             | EC               | CORP              | CH        |       770 | NS      | $247720.41    | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Allianz SE                                                                | Allianz SE (Registered)                                                   | CUSIP: N/A<br>LEI: 529900K9B0N5BT694847       | Long             | EC               | CORP              | DE        |       484 | NS      | $194254.72    | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| T-Mobile USA, Inc.                                                        | T-Mobile USA, Inc.                                                        | CUSIP: 87264ADM4<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    170000 | PA      | $166766.87    | 0.18%             | 2035-01-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Brand Industrial Services, Inc.                                           | Brand Industrial Services, Inc.                                           | CUSIP: 104931AA8<br>LEI: 549300B658W2BPDQMW42 | Long             | DBT              | CORP              | US        |     18000 | PA      | $17319.60     | 0.02%             | 2030-08-01      | Fixed         | 10.38%                | Yes           |                  2 | On Loan: No      |
| Garda World Security Corp.                                                | Garda World Security Corp.                                                | CUSIP: 36485MAN9<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |     38000 | PA      | $38597.36     | 0.04%             | 2032-08-01      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| Denso Corp.                                                               | Denso Corp.                                                               | CUSIP: N/A<br>LEI: 549300RYPA10CQM3QK38       | Long             | EC               | CORP              | JP        |      5700 | NS      | $79946.47     | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Weatherford International Ltd.                                            | Weatherford International Ltd.                                            | CUSIP: 947075AW7<br>LEI: 549300A2JKMG5PGOGF82 | Long             | DBT              | CORP              | BM        |     75000 | PA      | $76500.00     | 0.08%             | 2033-10-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Avianca Midco 2 plc                                                       | Avianca Midco 2 plc                                                       | CUSIP: 05369YAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    112228 | PA      | $112298.14    | 0.12%             | 2028-12-01      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| Tutor Perini Corp.                                                        | Tutor Perini Corp.                                                        | CUSIP: 901109AG3<br>LEI: 549300FHXYVPW8LJ6D98 | Long             | DBT              | CORP              | US        |     42000 | PA      | $46844.70     | 0.05%             | 2029-04-30      | Fixed         | 11.88%                | Yes           |                  2 | On Loan: No      |
| DISH DBS Corp.                                                            | DISH DBS Corp.                                                            | CUSIP: 25470XBF1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     20000 | PA      | $19234.80     | 0.02%             | 2028-12-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| KDDI Corp.                                                                | KDDI Corp.                                                                | CUSIP: N/A<br>LEI: 5299003FU7V4I45FU310       | Long             | EC               | CORP              | JP        |      5100 | NS      | $81459.02     | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Chevron Corp.                                                             | Chevron Corp.                                                             | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1966 | NS      | $310077.52    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| TopBuild Corp.                                                            | TopBuild Corp.                                                            | CUSIP: 89055FAD5<br>LEI: 5493007YSKHOL4RWII46 | Long             | DBT              | CORP              | US        |     45000 | PA      | $45169.20     | 0.05%             | 2034-01-31      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| Cigna Group (The)                                                         | Cigna Group (The)                                                         | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |        77 | NS      | $18819.57     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Maxim Crane Works Holdings Capital LLC                                    | Maxim Crane Works Holdings Capital LLC                                    | CUSIP: 57779EAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     47000 | PA      | $49838.80     | 0.05%             | 2028-09-01      | Fixed         | 11.50%                | Yes           |                  2 | On Loan: No      |
| Great Canadian Gaming Corp.                                               | Great Canadian Gaming Corp.                                               | CUSIP: 389925AA6<br>LEI: 549300FU60SSFLTE0M84 | Long             | DBT              | CORP              | CA        |     90000 | PA      | $87975.00     | 0.10%             | 2029-11-15      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| National Storage REIT                                                     | National Storage REIT                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |     16292 | NS      | $24517.67     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Stellantis Financial Services US Corp.                                    | Stellantis Financial Services US Corp.                                    | CUSIP: 85855FAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $200784.20    | 0.22%             | 2028-09-15      | Fixed         | 4.95%                 | Yes           |                  2 | On Loan: No      |
| China Gold International Resources Corp. Ltd.                             | China Gold International Resources Corp. Ltd.                             | CUSIP: 16890P103<br>LEI: 529900936ZPAXB0LZD87 | Long             | EC               | CORP              | CA        |      2900 | NS      | $49039.00     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Target Corp.                                                              | Target Corp.                                                              | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | EC               | CORP              | US        |       615 | NS      | $57022.80     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Live Nation Entertainment, Inc.                                           | Live Nation Entertainment, Inc.                                           | CUSIP: 538034AX7<br>LEI: 5493007B9BM9ZXJINO78 | Long             | DBT              | CORP              | US        |    216000 | PA      | $211140.00    | 0.23%             | 2028-01-15      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| Zimmer Biomet Holdings, Inc.                                              | Zimmer Biomet Holdings, Inc.                                              | CUSIP: 98956P102<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | EC               | CORP              | US        |       251 | NS      | $25240.56     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                                           | Goldman Sachs Group, Inc. (The)                                           | CUSIP: 38141GB29<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    270000 | PA      | $276077.43    | 0.30%             | 2030-07-23      | Variable      | 5.05%                 | No            |                  2 | On Loan: No      |
| Australian Dollar                                                         | Australian Dollar                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | AU        |     28540 | OU      | $18673.64     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips                                                            | ConocoPhillips                                                            | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |      2170 | NS      | $192826.20    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Seagate Data Storage Technology Pte. Ltd.                                 | Seagate Data Storage Technology Pte. Ltd.                                 | CUSIP: 81180LAM7<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |     37000 | PA      | $39266.25     | 0.04%             | 2029-12-15      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| American Electric Power Co., Inc.                                         | American Electric Power Co., Inc.                                         | CUSIP: 025537101<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | EC               | CORP              | US        |       749 | NS      | $90074.74     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| StoneMor, Inc.                                                            | StoneMor, Inc.                                                            | CUSIP: 86184WAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     63000 | PA      | $62043.66     | 0.07%             | 2029-05-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Jabil, Inc.                                                               | Jabil, Inc.                                                               | CUSIP: 46656PAA2<br>LEI: 5493000CGCQY2OQU7669 | Long             | DBT              | CORP              | US        |     25000 | PA      | $25754.73     | 0.03%             | 2029-02-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| United Parcel Service, Inc.                                               | United Parcel Service, Inc.                                               | CUSIP: 911312CJ3<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | DBT              | CORP              | US        |     60000 | PA      | $62129.07     | 0.07%             | 2035-05-14      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Charles Schwab Corp. (The)                                                | Charles Schwab Corp. (The)                                                | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |       307 | NS      | $29017.64     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| NRG Energy, Inc.                                                          | NRG Energy, Inc.                                                          | CUSIP: 629377DC3<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |     53000 | PA      | $53425.06     | 0.06%             | 2034-01-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Rollins, Inc.                                                             | Rollins, Inc.                                                             | CUSIP: 775711AC8<br>LEI: 549300F2A0BXT4SGWD84 | Long             | DBT              | CORP              | US        |     35000 | PA      | $35480.11     | 0.04%             | 2035-02-24      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Standard Chartered plc                                                    | Standard Chartered plc                                                    | CUSIP: 85325C2J0<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $203386.00    | 0.22%             | 2036-08-12      | Variable      | 5.40%                 | Yes           |                  2 | On Loan: No      |
| Avery Dennison Corp.                                                      | Avery Dennison Corp.                                                      | CUSIP: 053611109<br>LEI: 549300PW7VPFCYKLIV37 | Long             | EC               | CORP              | US        |       207 | NS      | $36202.23     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Vistra Corp.                                                              | Vistra Corp.                                                              | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |       110 | NS      | $20713.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackstone Mortgage Trust, Inc.                                           | Blackstone Mortgage Trust, Inc.                                           | CUSIP: 09257WAF7<br>LEI: 549300OLDJ20R2Y2UW20 | Long             | DBT              | CORP              | US        |     91000 | PA      | $95777.50     | 0.10%             | 2029-12-01      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| Tanger, Inc.                                                              | Tanger, Inc.                                                              | CUSIP: 875465106<br>LEI: UKEW8YSXE4Y581KYOL30 | Long             | EC               | CORP              | US        |       796 | NS      | $25917.76     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| HD Hyundai MIPO                                                           | HD Hyundai MIPO                                                           | CUSIP: N/A<br>LEI: 988400L1JDH871AJTA03       | Long             | EC               | CORP              | KR        |       203 | NS      | $34409.19     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| CBL & Associates Properties, Inc.                                         | CBL & Associates Properties, Inc.                                         | CUSIP: 124830878<br>LEI: 529900EIVFBRS4PUBZ13 | Long             | EC               | CORP              | US        |       861 | NS      | $25459.77     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| C&A MODAS SA                                                              | C&A MODAS SA, Class A                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BR        |      5700 | NS      | $17163.73     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Sun Life Financial, Inc.                                                  | Sun Life Financial, Inc.                                                  | CUSIP: 866796105<br>LEI: 549300V040JZX5S66Z78 | Long             | EC               | CORP              | CA        |      1200 | NS      | $72989.91     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Tokio Marine Holdings, Inc.                                               | Tokio Marine Holdings, Inc.                                               | CUSIP: N/A<br>LEI: 5299009QN2NZ191KLS29       | Long             | EC               | CORP              | JP        |      2400 | NS      | $90044.77     | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Ameren Corp.                                                              | Ameren Corp.                                                              | CUSIP: 023608102<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | EC               | CORP              | US        |       683 | NS      | $69679.66     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Sinofert Holdings Ltd.                                                    | Sinofert Holdings Ltd.                                                    | CUSIP: N/A<br>LEI: 5299003MF6ZDA7K38F96       | Long             | EC               | CORP              | BM        |    130528 | NS      | $25532.63     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Toyota Motor Corp.                                                        | Toyota Motor Corp.                                                        | CUSIP: N/A<br>LEI: 5493006W3QUS5LMH6R84       | Long             | EC               | CORP              | JP        |     10900 | NS      | $221946.66    | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Citigroup, Inc.                                                           | Citigroup, Inc.                                                           | CUSIP: 172967QH7<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    130000 | PA      | $131524.35    | 0.14%             | 2036-09-11      | Variable      | 5.17%                 | No            |                  2 | On Loan: No      |
| Coca-Cola Co. (The)                                                       | Coca-Cola Co. (The)                                                       | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |      4653 | NS      | $320591.70    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| CVR Energy, Inc.                                                          | CVR Energy, Inc.                                                          | CUSIP: 12662PAF5<br>LEI: 529900SOYZIXZBTXB558 | Long             | DBT              | CORP              | US        |    102000 | PA      | $104409.24    | 0.11%             | 2029-01-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| XPLR Infrastructure Operating Partners LP                                 | XPLR Infrastructure Operating Partners LP                                 | CUSIP: 65342QAM4<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |     16000 | PA      | $16424.48     | 0.02%             | 2029-01-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| Caterpillar, Inc.                                                         | Caterpillar, Inc.                                                         | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |        92 | NS      | $53107.92     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Brazilian Real                                                            | Brazilian Real                                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | BR        |     25541 | OU      | $4747.37      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Dotdash Meredith, Inc.                                                    | Dotdash Meredith, Inc.                                                    | CUSIP: 25849JAA8<br>LEI: 549300R2AA7U9CJUQO13 | Long             | DBT              | CORP              | US        |     91000 | PA      | $80990.00     | 0.09%             | 2032-06-15      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| Marsh & McLennan Cos., Inc.                                               | Marsh & McLennan Cos., Inc.                                               | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |       161 | NS      | $28682.15     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX Cos., Inc. (The)                                                      | TJX Cos., Inc. (The)                                                      | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |       287 | NS      | $40220.18     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Welltower, Inc.                                                           | Welltower, Inc.                                                           | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               | CORP              | US        |        58 | NS      | $10500.32     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Primax Electronics Ltd.                                                   | Primax Electronics Ltd.                                                   | CUSIP: N/A<br>LEI: 254900JO4CQFFG7AIQ15       | Long             | EC               | CORP              | TW        |     14808 | NS      | $39981.26     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Coterra Energy, Inc.                                                      | Coterra Energy, Inc.                                                      | CUSIP: 127097103<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | EC               | CORP              | US        |      3098 | NS      | $73298.68     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| goeasy Ltd.                                                               | goeasy Ltd.                                                               | CUSIP: 380355AN7<br>LEI: 5493009DJVZG2P8YV435 | Long             | DBT              | CORP              | CA        |    182000 | PA      | $181592.32    | 0.20%             | 2030-10-01      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| Avis Budget Car Rental LLC                                                | Avis Budget Car Rental LLC                                                | CUSIP: 053773BF3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    112000 | PA      | $107800.00    | 0.12%             | 2029-03-01      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| ServiceNow, Inc.                                                          | ServiceNow, Inc.                                                          | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |        41 | NS      | $37690.48     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Norfolk Southern Corp.                                                    | Norfolk Southern Corp.                                                    | CUSIP: 655844108<br>LEI: 54930036C8MWP850MI84 | Long             | EC               | CORP              | US        |       299 | NS      | $84730.62     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| EchoStar Corp.                                                            | EchoStar Corp.                                                            | CUSIP: 278768AC0<br>LEI: 549300EE20907QZ9GT38 | Long             | DBT              | CORP              | US        |    146622 | PA      | $161238.38    | 0.18%             | 2029-11-30      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| Landbridge Co. LLC                                                        | Landbridge Co. LLC, Class A                                               | CUSIP: 514952100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |        48 | NS      | $2840.16      | 0.00%             |  |  |  | No            |                  1 | On Loan: —       |
| Advance Auto Parts, Inc.                                                  | Advance Auto Parts, Inc.                                                  | CUSIP: 00751YAK2<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | DBT              | CORP              | US        |     85000 | PA      | $85763.30     | 0.09%             | 2030-08-01      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Hungarian Forint                                                          | Hungarian Forint                                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | HU        |         0 | OU      | $0.00         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Singapore Dollar                                                          | Singapore Dollar                                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | SG        |     18742 | OU      | $14399.19     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Warehouses De Pauw CVA                                                    | Warehouses De Pauw CVA                                                    | CUSIP: N/A<br>LEI: 549300HWDYC5JXC85138       | Long             | EC               | CORP              | BE        |       920 | NS      | $23350.84     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                                            | BNP Paribas SA                                                            | CUSIP: 05565ALQ4<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    315000 | PA      | $286977.60    | 0.31%             | 2030-02-25      | Variable      | 4.50%                 | Yes           |                  2 | On Loan: No      |
| General Dynamics Corp.                                                    | General Dynamics Corp.                                                    | CUSIP: 369550BR8<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | DBT              | CORP              | US        |     55000 | PA      | $56007.38     | 0.06%             | 2035-08-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Federative Republic of Brazil                                             | Federative Republic of Brazil                                             | CUSIP: 105756CM0<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    605000 | PA      | $617100.00    | 0.67%             | 2030-11-06      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| EZCORP, Inc.                                                              | EZCORP, Inc.                                                              | CUSIP: 302301AJ5<br>LEI: 5493003K6PG3ZQ7TUQ63 | Long             | DBT              | CORP              | US        |    163000 | PA      | $171894.91    | 0.19%             | 2032-04-01      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| Manulife Financial Corp.                                                  | Manulife Financial Corp.                                                  | CUSIP: 56501R106<br>LEI: 5493007GBX87QOZACS27 | Long             | EC               | CORP              | CA        |      2900 | NS      | $93851.20     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Zurich Insurance Group AG                                                 | Zurich Insurance Group AG                                                 | CUSIP: N/A<br>LEI: 529900QVNRBND50TXP03       | Long             | EC               | CORP              | CH        |       186 | NS      | $129200.37    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Procter & Gamble Co. (The)                                                | Procter & Gamble Co. (The)                                                | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |      2580 | NS      | $387954.60    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Kenvue, Inc.                                                              | Kenvue, Inc.                                                              | CUSIP: 49177J102<br>LEI: 5493008HSF8L4M2LIJ82 | Long             | EC               | CORP              | US        |      2561 | NS      | $36801.57     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Emergent BioSolutions, Inc.                                               | Emergent BioSolutions, Inc.                                               | CUSIP: 29089QAC9<br>LEI: 549300YW6TUOX8BE5103 | Long             | DBT              | CORP              | US        |     52000 | PA      | $45966.96     | 0.05%             | 2028-08-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| Advance Auto Parts, Inc.                                                  | Advance Auto Parts, Inc.                                                  | CUSIP: 00751YAL0<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | DBT              | CORP              | US        |     57000 | PA      | $57285.00     | 0.06%             | 2033-08-01      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| Mex Bonos Desarr Fix Rt                                                   | Mex Bonos Desarr Fix Rt, Series M                                         | CUSIP: N/A<br>LEI: 254900EGTWEU67VP6075       | Long             | DBT              | NUSS              | MX        |   8270800 | PA      | $419033.27    | 0.45%             | 2034-11-23      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Truist Financial Corp.                                                    | Truist Financial Corp.                                                    | CUSIP: 89832Q109<br>LEI: 549300DRQQI75D2JP341 | Long             | EC               | CORP              | US        |       480 | NS      | $21422.40     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Tiger Brands Ltd.                                                         | Tiger Brands Ltd.                                                         | CUSIP: N/A<br>LEI: 529900C57HAFZAHHBC90       | Long             | EC               | CORP              | ZA        |      2625 | NS      | $49721.70     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Amneal Pharmaceuticals LLC                                                | Amneal Pharmaceuticals LLC                                                | CUSIP: 03168LAA3<br>LEI: 54930037VIXE7LRZ1M66 | Long             | DBT              | CORP              | US        |     78000 | PA      | $81768.18     | 0.09%             | 2032-08-01      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| INVESCO GOVT AND AGCY LEX                                                 | INVESCO GOVERNMENT & AGENCY PORTFOLIO OPEN-END FUND USD                   | CUSIP: 825252885<br>LEI: O37NHJVF7S22I1ONOU83 | Long             | STIV             | RF                | US        |   1465954 | PA      | $1465953.90   | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| UBS Group AG                                                              | UBS Group AG                                                              | CUSIP: 902613BS6<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    200000 | PA      | $201989.12    | 0.22%             | 2035-02-05      | Variable      | 7.00%                 | Yes           |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Notes                                                       | CUSIP: 91282CNT4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    894000 | PA      | $904616.25    | 0.98%             | 2035-08-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Cogna Educacao SA                                                         | Cogna Educacao SA                                                         | CUSIP: N/A<br>LEI: 549300BTP1E45NJ6R194       | Long             | EC               | CORP              | BR        |     76800 | NS      | $53389.34     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Five Point Operating Co. LP                                               | Five Point Operating Co. LP                                               | CUSIP: 33834YAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     31103 | PA      | $31103.00     | 0.03%             | 2028-01-15      | Variable      | 10.50%                | Yes           |                  2 | On Loan: No      |
| TransAlta Corp.                                                           | TransAlta Corp.                                                           | CUSIP: 89346DAE7<br>LEI: 984500EE2ADD850F1C96 | Long             | DBT              | CORP              | CA        |    103000 | PA      | $104589.29    | 0.11%             | 2040-03-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| iM Financial Group Co. Ltd.                                               | iM Financial Group Co. Ltd.                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |      2406 | NS      | $22341.73     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Consun Pharmaceutical Group Ltd.                                          | Consun Pharmaceutical Group Ltd.                                          | CUSIP: N/A<br>LEI: 300300LQFLNDZZHCNN43       | Long             | EC               | CORP              | KY        |     20000 | NS      | $38684.52     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Boeing Co. (The)                                                          | Boeing Co. (The)                                                          | CUSIP: 097023DR3<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     25000 | PA      | $27135.45     | 0.03%             | 2031-05-01      | Fixed         | 6.39%                 | No            |                  2 | On Loan: No      |
| Seagate Data Storage Technology Pte. Ltd.                                 | Seagate Data Storage Technology Pte. Ltd.                                 | CUSIP: 81180LAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |    219000 | PA      | $224269.69    | 0.24%             | 2030-07-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Greentown China Holdings Ltd.                                             | Greentown China Holdings Ltd.                                             | CUSIP: N/A<br>LEI: 529900BLBC6YDNWS8530       | Long             | EC               | CORP              | KY        |     16000 | NS      | $17090.17     | 0.02%             |  |  |  | No            |                  2 | On Loan: —       |
| EnerSys                                                                   | EnerSys                                                                   | CUSIP: 29275YAC6<br>LEI: 7ZS3DE5PN30BYUJFWP05 | Long             | DBT              | CORP              | US        |    183000 | PA      | $180655.77    | 0.20%             | 2027-12-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| NetApp, Inc.                                                              | NetApp, Inc.                                                              | CUSIP: 64110DAN4<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | DBT              | CORP              | US        |     55000 | PA      | $57503.98     | 0.06%             | 2035-03-17      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| California Resources Corp.                                                | California Resources Corp.                                                | CUSIP: 13057QAK3<br>LEI: 5493003Q8F0T4F4YMR48 | Long             | DBT              | CORP              | US        |     69000 | PA      | $71753.10     | 0.08%             | 2029-06-15      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| Siemens AG                                                                | Siemens AG (Registered)                                                   | CUSIP: N/A<br>LEI: W38RGI023J3WT1HWRP32       | Long             | EC               | CORP              | DE        |       877 | NS      | $248220.12    | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Block, Inc.                                                               | Block, Inc.                                                               | CUSIP: 852234AT0<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |    156000 | PA      | $158340.00    | 0.17%             | 2030-08-15      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| Verizon Communications, Inc.                                              | Verizon Communications, Inc.                                              | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |      5215 | NS      | $207244.10    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                                           | Goldman Sachs Group, Inc. (The)                                           | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |        68 | NS      | $53677.16     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| USI, Inc.                                                                 | USI, Inc.                                                                 | CUSIP: 90346KAB5<br>LEI: 2549006D7UF7072T7I27 | Long             | DBT              | CORP              | US        |     36000 | PA      | $37249.20     | 0.04%             | 2032-01-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| NNN REIT, Inc.                                                            | NNN REIT, Inc.                                                            | CUSIP: 637417106<br>LEI: 5493008JKH5SOTI0JS97 | Long             | EC               | CORP              | US        |       701 | NS      | $28362.46     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| American Axle & Manufacturing, Inc.                                       | American Axle & Manufacturing, Inc.                                       | CUSIP: 02406PBD1<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | DBT              | CORP              | US        |    120000 | PA      | $119850.00    | 0.13%             | 2033-10-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| Walt Disney Co. (The)                                                     | Walt Disney Co. (The)                                                     | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |       319 | NS      | $35925.78     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Asia Optical Co., Inc.                                                    | Asia Optical Co., Inc.                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |      3711 | NS      | $18952.77     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| AstraZeneca plc                                                           | AstraZeneca plc                                                           | CUSIP: N/A<br>LEI: PY6ZZQWO2IZFZC3IOL08       | Long             | EC               | CORP              | GB        |      1600 | NS      | $262109.42    | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Hyundai Elevator Co. Ltd.                                                 | Hyundai Elevator Co. Ltd.                                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |       666 | NS      | $35386.00     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Synchrony Financial                                                       | Synchrony Financial                                                       | CUSIP: 87165BAW3<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |     65000 | PA      | $65959.65     | 0.07%             | 2031-03-06      | Variable      | 5.45%                 | No            |                  2 | On Loan: No      |
| Amgen, Inc.                                                               | Amgen, Inc.                                                               | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |       664 | NS      | $198157.52    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Japan Prime Realty Investment Corp.                                       | Japan Prime Realty Investment Corp.                                       | CUSIP: N/A<br>LEI: 353800NJOQJAY1ODEX72       | Long             | EC               | CORP              | JP        |         4 | NS      | $2720.13      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Getac Holdings Corp.                                                      | Getac Holdings Corp.                                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |      7405 | NS      | $33241.92     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Paychex, Inc.                                                             | Paychex, Inc.                                                             | CUSIP: 704326107<br>LEI: 529900K900DW6SUBM174 | Long             | EC               | CORP              | US        |       496 | NS      | $58046.88     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp.                                                           | Microsoft Corp.                                                           | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      1132 | NS      | $586160.92    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Mueller Water Products, Inc.                                              | Mueller Water Products, Inc.                                              | CUSIP: 624758AF5<br>LEI: 549300F7ZU4P1F8V8L60 | Long             | DBT              | CORP              | US        |    186000 | PA      | $179376.54    | 0.19%             | 2029-06-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Yankey Engineering Co. Ltd.                                               | Yankey Engineering Co. Ltd.                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |      3000 | NS      | $44891.19     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Cury Construtora e Incorporadora SA                                       | Cury Construtora e Incorporadora SA                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BR        |      8262 | NS      | $53672.79     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Dynapack International Technology Corp.                                   | Dynapack International Technology Corp.                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |      3300 | NS      | $32955.99     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Hughes Satellite Systems Corp.                                            | Hughes Satellite Systems Corp.                                            | CUSIP: 444454AD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     27000 | PA      | $26463.24     | 0.03%             | 2026-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Simcere Pharmaceutical Group Ltd.                                         | Simcere Pharmaceutical Group Ltd.                                         | CUSIP: N/A<br>LEI: 254900WU599EZJIML194       | Long             | EC               | CORP              | HK        |     24406 | NS      | $38820.70     | 0.04%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Bank of America Corp.                                                     | Bank of America Corp.                                                     | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |       952 | NS      | $50884.40     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Benefit Systems SA                                                        | Benefit Systems SA                                                        | CUSIP: N/A<br>LEI: 2594007UY43JEUOLID52       | Long             | EC               | CORP              | PL        |        50 | NS      | $42445.17     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Adtalem Global Education, Inc.                                            | Adtalem Global Education, Inc.                                            | CUSIP: 00737WAA7<br>LEI: 549300Z467EZLMODV621 | Long             | DBT              | CORP              | US        |    173000 | PA      | $172904.85    | 0.19%             | 2028-03-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Atlanticus Holdings Corp.                                                 | Atlanticus Holdings Corp.                                                 | CUSIP: 04914AAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     77000 | PA      | $74822.44     | 0.08%             | 2030-09-01      | Fixed         | 9.75%                 | Yes           |                  2 | On Loan: No      |
| Prologis, Inc.                                                            | Prologis, Inc.                                                            | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |       377 | NS      | $46781.93     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Is Yatirim Menkul Degerler A/S                                            | Is Yatirim Menkul Degerler A/S                                            | CUSIP: N/A<br>LEI: 7890005YQXBTRIYDY554       | Long             | EC               | CORP              | TR        |     19609 | NS      | $20497.73     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Compass Minerals International, Inc.                                      | Compass Minerals International, Inc.                                      | CUSIP: 20451NAJ0<br>LEI: 2549008X9G8XP7YJGC47 | Long             | DBT              | CORP              | US        |     99000 | PA      | $102851.10    | 0.11%             | 2030-07-01      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| ONEOK, Inc.                                                               | ONEOK, Inc.                                                               | CUSIP: 682680103<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | EC               | CORP              | US        |       901 | NS      | $60367.00     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Kimberly-Clark Corp.                                                      | Kimberly-Clark Corp.                                                      | CUSIP: 494368103<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | EC               | CORP              | US        |       663 | NS      | $79367.73     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| NIKE, Inc.                                                                | NIKE, Inc., Class B                                                       | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | EC               | CORP              | US        |      1585 | NS      | $102375.15    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Radiant Opto-Electronics Corp.                                            | Radiant Opto-Electronics Corp.                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |      7405 | NS      | $31796.62     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Ingenia Communities Group                                                 | Ingenia Communities Group                                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |      2550 | NS      | $9376.77      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                                                  | U.S. Treasury Notes                                                       | CUSIP: 91282CGQ8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1520000 | PA      | $1538758.62   | 1.67%             | 2030-02-28      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Bank of New York Mellon Corp. (The)                                       | Bank of New York Mellon Corp. (The)                                       | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               | CORP              | US        |      1079 | NS      | $116456.47    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Surface Mounting Technology Corp.                                  | Taiwan Surface Mounting Technology Corp.                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |     10340 | NS      | $36999.45     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| 3M Co.                                                                    | 3M Co.                                                                    | CUSIP: 88579Y101<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | EC               | CORP              | US        |       151 | NS      | $25141.50     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Honeywell International, Inc.                                             | Honeywell International, Inc.                                             | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |       139 | NS      | $27984.87     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| PPL Capital Funding, Inc.                                                 | PPL Capital Funding, Inc.                                                 | CUSIP: 69352PAT0<br>LEI: 549300MROK5WY0D2NU17 | Long             | DBT              | CORP              | US        |     40000 | PA      | $41001.13     | 0.04%             | 2034-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TotalEnergies SE                                                          | TotalEnergies SE                                                          | CUSIP: N/A<br>LEI: 529900S21EQ1BO4ESM68       | Long             | EC               | CORP              | FR        |      2402 | NS      | $149369.49    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| BXP, Inc.                                                                 | BXP, Inc.                                                                 | CUSIP: 101121101<br>LEI: 549300OF70FSEUQBT254 | Long             | EC               | CORP              | US        |       285 | NS      | $20289.15     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Societe Generale SA                                                       | Societe Generale SA                                                       | CUSIP: 83368RBY7<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $213293.28    | 0.23%             | 2055-01-19      | Variable      | 7.13%                 | Yes           |                  2 | On Loan: No      |
| Nestle SA                                                                 | Nestle SA (Registered)                                                    | CUSIP: N/A<br>LEI: KY37LUS27QQX7BB93L28       | Long             | EC               | CORP              | CH        |      2862 | NS      | $273414.80    | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Garrett Motion Holdings, Inc.                                             | Garrett Motion Holdings, Inc.                                             | CUSIP: 366504AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     80000 | PA      | $83600.00     | 0.09%             | 2032-05-31      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| RTX Corp.                                                                 | RTX Corp.                                                                 | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |       274 | NS      | $48909.00     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| PBF Holding Co. LLC                                                       | PBF Holding Co. LLC                                                       | CUSIP: 69318FAJ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    135000 | PA      | $133577.10    | 0.14%             | 2028-02-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Planet Financial Group LLC                                                | Planet Financial Group LLC                                                | CUSIP: 72702AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     92000 | PA      | $95562.24     | 0.10%             | 2029-12-15      | Fixed         | 10.50%                | Yes           |                  2 | On Loan: No      |
| Alliant Energy Corp.                                                      | Alliant Energy Corp.                                                      | CUSIP: 018802108<br>LEI: 5493009ML300G373MZ12 | Long             | EC               | CORP              | US        |       643 | NS      | $42965.26     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Elevance Health, Inc.                                                     | Elevance Health, Inc.                                                     | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |        62 | NS      | $19666.40     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical, Inc.                                                  | Intuitive Surgical, Inc.                                                  | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |        73 | NS      | $39002.44     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Han Kuk Carbon Co. Ltd.                                                   | Han Kuk Carbon Co. Ltd.                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |      1894 | NS      | $48654.43     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Occidental Petroleum Corp.                                                | Occidental Petroleum Corp.                                                | CUSIP: 674599105<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | EC               | CORP              | US        |       877 | NS      | $36132.40     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Mondelez International, Inc.                                              | Mondelez International, Inc., Class A                                     | CUSIP: 609207105<br>LEI: 549300DV9GIB88LZ5P30 | Long             | EC               | CORP              | US        |      1627 | NS      | $93487.42     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Trust Corp.                                                      | Northern Trust Corp.                                                      | CUSIP: 665859104<br>LEI: 549300GLF98S992BC502 | Long             | EC               | CORP              | US        |       638 | NS      | $82091.46     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie, Inc.                                                              | AbbVie, Inc.                                                              | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |      2016 | NS      | $439568.64    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco Bilbao Vizcaya Argentaria SA                                        | Banco Bilbao Vizcaya Argentaria SA                                        | CUSIP: 05946KAS0<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | DBT              | CORP              | ES        |    400000 | PA      | $425652.00    | 0.46%             | 2032-01-14      | Variable      | 7.75%                 | No            |                  2 | On Loan: No      |
| Madison IAQ LLC                                                           | Madison IAQ LLC                                                           | CUSIP: 55760LAB3<br>LEI: 549300IXDNBXNHUPBU73 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97759.00     | 0.11%             | 2029-06-30      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: —       |
| UPM-Kymmene OYJ                                                           | UPM-Kymmene OYJ                                                           | CUSIP: N/A<br>LEI: 213800EC6PW5VU4J9U64       | Long             | EC               | CORP              | FI        |      2250 | NS      | $60375.81     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Union Pacific Corp.                                                       | Union Pacific Corp.                                                       | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |       790 | NS      | $174092.30    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| JetBlue Airways Corp.                                                     | JetBlue Airways Corp.                                                     | CUSIP: 476920AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     93000 | PA      | $91372.50     | 0.10%             | 2031-09-20      | Fixed         | 9.88%                 | Yes           |                  2 | On Loan: No      |
| WEC Energy Group, Inc.                                                    | WEC Energy Group, Inc.                                                    | CUSIP: 92939U106<br>LEI: 549300IGLYTZUK3PVP70 | Long             | EC               | CORP              | US        |       658 | NS      | $73518.34     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Hyatt Hotels Corp.                                                        | Hyatt Hotels Corp.                                                        | CUSIP: 448579AV4<br>LEI: T27JQIMTYSH41TCD5186 | Long             | DBT              | CORP              | US        |     70000 | PA      | $72931.68     | 0.08%             | 2032-03-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Lonking Holdings Ltd.                                                     | Lonking Holdings Ltd.                                                     | CUSIP: N/A<br>LEI: 5299004M92ACMGS3QI84       | Long             | EC               | CORP              | KY        |    120000 | NS      | $47873.06     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| PACCAR, Inc.                                                              | PACCAR, Inc.                                                              | CUSIP: 693718108<br>LEI: KDTEY8BWE486IKZ3CC07 | Long             | EC               | CORP              | US        |       807 | NS      | $79408.80     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| NGL Energy Operating LLC                                                  | NGL Energy Operating LLC                                                  | CUSIP: 62922LAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    154000 | PA      | $157497.34    | 0.17%             | 2029-02-15      | Fixed         | 8.12%                 | Yes           |                  2 | On Loan: No      |
| Booking Holdings, Inc.                                                    | Booking Holdings, Inc.                                                    | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |         9 | NS      | $45699.66     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Rio Tinto Finance USA plc                                                 | Rio Tinto Finance USA plc                                                 | CUSIP: 76720AAU0<br>LEI: 2138006TSNBEUA761G16 | Long             | DBT              | CORP              | GB        |    115000 | PA      | $118897.17    | 0.13%             | 2035-03-14      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Lojas Renner SA                                                           | Lojas Renner SA                                                           | CUSIP: N/A<br>LEI: 52990032N7OAAM138D78       | Long             | EC               | CORP              | BR        |     12641 | NS      | $34774.82     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| United Rentals, Inc.                                                      | United Rentals, Inc.                                                      | CUSIP: 911363109<br>LEI: 5323X5O7RN0NKFCDRY08 | Long             | EC               | CORP              | US        |        29 | NS      | $25264.22     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco Santander SA                                                        | Banco Santander SA                                                        | CUSIP: 05964HBH7<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    200000 | PA      | $220750.00    | 0.24%             | 2034-02-01      | Variable      | 8.00%                 | No            |                  2 | On Loan: No      |
| Sempra                                                                    | Sempra                                                                    | CUSIP: 816851109<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | EC               | CORP              | US        |       932 | NS      | $85688.08     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| BBVA Mexico SA Institucion De Banca Multiple Grupo Financiero BBVA Mexico | BBVA Mexico SA Institucion De Banca Multiple Grupo Financiero BBVA Mexico | CUSIP: 072912AA6<br>LEI: 549300WIWQK5Q9MCUN92 | Long             | DBT              | CORP              | MX        |    200000 | PA      | $211558.00    | 0.23%             | 2035-02-11      | Variable      | 7.62%                 | Yes           |                  2 | On Loan: No      |
| iHeartCommunications, Inc.                                                | iHeartCommunications, Inc.                                                | CUSIP: 45174HBM8<br>LEI: 54930076J6KDZL504O62 | Long             | DBT              | CORP              | US        |     96103 | PA      | $79784.71     | 0.09%             | 2030-08-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| Montea NV                                                                 | Montea NV                                                                 | CUSIP: N/A<br>LEI: 5493006K5LQDD0GK1T60       | Long             | EC               | CORP              | BE        |       323 | NS      | $26061.42     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Harbin Electric Co. Ltd.                                                  | Harbin Electric Co. Ltd., Class H                                         | CUSIP: N/A<br>LEI: 529900QH6Y4U07RU0U61       | Long             | EC               | CORP              | CN        |     28000 | NS      | $46014.76     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Lloyds Banking Group plc                                                  | Lloyds Banking Group plc                                                  | CUSIP: 539439BE8<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    245000 | PA      | $256044.70    | 0.28%             | 2036-06-13      | Variable      | 6.07%                 | No            |                  2 | On Loan: No      |
| Summit Hotel Properties, Inc.                                             | Summit Hotel Properties, Inc.                                             | CUSIP: 866082100<br>LEI: 254900OBQWJK6X20LS71 | Long             | EC               | CORP              | US        |      4544 | NS      | $23356.16     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Citadel Securities Global Holdings LLC                                    | Citadel Securities Global Holdings LLC                                    | CUSIP: 17289RAB2<br>LEI: 549300NV5RXBUS3X7L47 | Long             | DBT              | CORP              | US        |    250000 | PA      | $261211.00    | 0.28%             | 2035-06-18      | Fixed         | 6.20%                 | Yes           |                  2 | On Loan: No      |
| CoreWeave, Inc.                                                           | CoreWeave, Inc.                                                           | CUSIP: 21873SAB4<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |    139000 | PA      | $140563.75    | 0.15%             | 2030-06-01      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| CommScope LLC                                                             | CommScope LLC                                                             | CUSIP: 203372AX5<br>LEI: 549300Z6K4JXMFE8QY54 | Long             | DBT              | CORP              | US        |    144000 | PA      | $143308.80    | 0.16%             | 2029-09-01      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: —       |
| EOG Resources, Inc.                                                       | EOG Resources, Inc.                                                       | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |       200 | NS      | $21168.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences, Inc.                                                     | Gilead Sciences, Inc.                                                     | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |       234 | NS      | $28030.86     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares MSCI India Small-Cap ETF                                          | iShares MSCI India Small-Cap ETF                                          | CUSIP: 46429B614<br>LEI: 549300ZTQ7NM17G19H49 | Long             |  | RF                | US        |     14894 | NS      | $1097687.80   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Duke Energy Corp.                                                         | Duke Energy Corp.                                                         | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |      1110 | NS      | $137973.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group, Inc.                                                  | UnitedHealth Group, Inc.                                                  | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |      1072 | NS      | $366152.32    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Viasat, Inc.                                                              | Viasat, Inc.                                                              | CUSIP: 92552VAR1<br>LEI: UFC8NYMNFSYIHNSM2I38 | Long             | DBT              | CORP              | US        |     73000 | PA      | $68406.84     | 0.07%             | 2031-05-30      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| Thermo Fisher Scientific, Inc.                                            | Thermo Fisher Scientific, Inc.                                            | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |        77 | NS      | $43689.03     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Carnival Corp.                                                            | Carnival Corp.                                                            | CUSIP: 143658CB6<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    313000 | PA      | $316805.33    | 0.34%             | 2029-05-01      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: —       |
| AerCap Ireland Capital DAC                                                | AerCap Ireland Capital DAC                                                | CUSIP: 00774MBL8<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    150000 | PA      | $151183.20    | 0.16%             | 2029-09-10      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Melco Resorts Finance Ltd.                                                | Melco Resorts Finance Ltd.                                                | CUSIP: 58547DAD1<br>LEI: 5493000FQDBWKDBZEF60 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $196350.00    | 0.21%             | 2029-12-04      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| Synopsys, Inc.                                                            | Synopsys, Inc.                                                            | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | EC               | CORP              | US        |        48 | NS      | $21783.36     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Xtep International Holdings Ltd.                                          | Xtep International Holdings Ltd.                                          | CUSIP: N/A<br>LEI: 529900ZZZZBTOKZQI549       | Long             | EC               | CORP              | KY        |     52099 | NS      | $37747.31     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Novartis AG                                                               | Novartis AG (Registered)                                                  | CUSIP: N/A<br>LEI: 5493007HIVTX6SY6XD66       | Long             | EC               | CORP              | CH        |      2021 | NS      | $249300.62    | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| O'Reilly Automotive, Inc.                                                 | O'Reilly Automotive, Inc.                                                 | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |       310 | NS      | $29276.40     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa, Inc.                                                                | Visa, Inc., Class A                                                       | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |       250 | NS      | $85185.00     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Illinois Tool Works, Inc.                                                 | Illinois Tool Works, Inc.                                                 | CUSIP: 452308109<br>LEI: 76NA4I14SZCFAYMNSV04 | Long             | EC               | CORP              | US        |       430 | NS      | $104885.60    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Hazine Mustesarligi Varlik Kiralama A/S                                   | Hazine Mustesarligi Varlik Kiralama A/S                                   | CUSIP: 421790AN6<br>LEI: 6354003QFJP7RDXEOZ20 | Long             | DBT              | NUSS              | TR        |    400000 | PA      | $415478.00    | 0.45%             | 2030-09-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| McDonald's Corp.                                                          | McDonald's Corp.                                                          | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |       837 | NS      | $249785.91    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Rand Parent LLC                                                           | Rand Parent LLC                                                           | CUSIP: 753272AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    178000 | PA      | $181643.66    | 0.20%             | 2030-02-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: —       |
| United States of America                                                  | U.S. Treasury Bonds                                                       | CUSIP: 912810UM8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3071000 | PA      | $3110347.19   | 3.38%             | 2055-08-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| GE Aerospace                                                              | GE Aerospace                                                              | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |       184 | NS      | $56846.80     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| AmeriGas Partners LP                                                      | AmeriGas Partners LP                                                      | CUSIP: 030981AM6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    126000 | PA      | $130607.82    | 0.14%             | 2028-06-01      | Fixed         | 9.38%                 | Yes           |                  2 | On Loan: No      |
| Kinder Morgan, Inc.                                                       | Kinder Morgan, Inc.                                                       | CUSIP: 49456B101<br>LEI: 549300WR7IX8XE0TBO16 | Long             | EC               | CORP              | US        |      2531 | NS      | $66286.89     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| American Healthcare REIT, Inc.                                            | American Healthcare REIT, Inc.                                            | CUSIP: 398182303<br>LEI: 2549004GGE2APGNT6O92 | Long             | EC               | CORP              | US        |       761 | NS      | $34488.52     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Phillips Edison & Co., Inc.                                               | Phillips Edison & Co., Inc.                                               | CUSIP: 71844V201<br>LEI: 549300JPN4YHYPXTJQ85 | Long             | EC               | CORP              | US        |       734 | NS      | $24838.56     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Aflac, Inc.                                                               | Aflac, Inc.                                                               | CUSIP: 001055102<br>LEI: 549300N0B7DOGLXWPP39 | Long             | EC               | CORP              | US        |       912 | NS      | $97757.28     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Vistra Operations Co. LLC                                                 | Vistra Operations Co. LLC                                                 | CUSIP: 92840VAH5<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    246000 | PA      | $241387.50    | 0.26%             | 2029-05-01      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| Japan Real Estate Investment Corp.                                        | Japan Real Estate Investment Corp.                                        | CUSIP: N/A<br>LEI: 3538003YAIR3CBGJJ928       | Long             | EC               | CORP              | JP        |        30 | NS      | $24742.07     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Exxon Mobil Corp.                                                         | Exxon Mobil Corp.                                                         | CUSIP: 30231GAZ5<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | DBT              | CORP              | US        |    225000 | PA      | $156952.60    | 0.17%             | 2049-08-16      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Mitsubishi Estate Logistics REIT Investment Corp.                         | Mitsubishi Estate Logistics REIT Investment Corp.                         | CUSIP: N/A<br>LEI: 353800YYSGZU31ICQK38       | Long             | EC               | CORP              | JP        |        32 | NS      | $25623.26     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Aretec Group, Inc.                                                        | Aretec Group, Inc.                                                        | CUSIP: 040133AA8<br>LEI: 549300NV2T8A33L0PQ58 | Long             | DBT              | CORP              | US        |     86000 | PA      | $86379.26     | 0.09%             | 2029-04-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| Healthpeak Properties, Inc.                                               | Healthpeak Properties, Inc.                                               | CUSIP: 42250P103<br>LEI: 254900M6MTMZM0I22L81 | Long             | EC               | CORP              | US        |      3178 | NS      | $57045.10     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Amer Sports Co.                                                           | Amer Sports Co.                                                           | CUSIP: 02352NAA7<br>LEI: 549300NRKH9WF70VFC95 | Long             | DBT              | CORP              | US        |    145000 | PA      | $150929.05    | 0.16%             | 2031-02-16      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Yum! Brands, Inc.                                                         | Yum! Brands, Inc.                                                         | CUSIP: 988498101<br>LEI: 549300JE8XHZZ7OHN517 | Long             | EC               | CORP              | US        |       152 | NS      | $21007.92     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| International Workplace Group plc                                         | International Workplace Group plc                                         | CUSIP: N/A<br>LEI: 2138003LWDII27UTAG52       | Long             | EC               | CORP              | JE        |      8821 | NS      | $26235.56     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Accenture plc                                                             | Accenture plc, Class A                                                    | CUSIP: N/A<br>LEI: 5493000EWHDSR3MZWH98       | Long             | EC               | CORP              | IE        |       133 | NS      | $33263.30     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Polish Zloty - New                                                        | Polish Zloty - New                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | PL        |     19738 | OU      | $5344.69      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| APH Somerset Investor 2 LLC                                               | APH Somerset Investor 2 LLC                                               | CUSIP: 00188QAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    180000 | PA      | $185418.00    | 0.20%             | 2029-11-01      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| PulteGroup, Inc.                                                          | PulteGroup, Inc.                                                          | CUSIP: 745867101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       144 | NS      | $17261.28     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS Health Corp.                                                          | CVS Health Corp.                                                          | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |      1344 | NS      | $105033.60    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Weibo Corp.                                                               | Weibo Corp.                                                               | CUSIP: 948596101<br>LEI: 549300Q9ID4640FE0422 | Long             | EC               | CORP              | KY        |      1010 | NS      | $10988.80     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Hello Group, Inc.                                                         | Hello Group, Inc.                                                         | CUSIP: 423403104<br>LEI: 549300YMGLID32W48529 | Long             | EC               | CORP              | KY        |      4937 | NS      | $33522.23     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Fastenal Co.                                                              | Fastenal Co.                                                              | CUSIP: 311900104<br>LEI: 529900PP0C7H2HHPSJ32 | Long             | EC               | CORP              | US        |      1670 | NS      | $68720.50     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Anywhere Real Estate Group LLC                                            | Anywhere Real Estate Group LLC                                            | CUSIP: 75606DAV3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    105000 | PA      | $113957.81    | 0.12%             | 2030-04-15      | Fixed         | 9.75%                 | Yes           |                  2 | On Loan: No      |
| Magyar Telekom Telecommunications plc                                     | Magyar Telekom Telecommunications plc                                     | CUSIP: N/A<br>LEI: 529900CA1YDA41X76751       | Long             | EC               | CORP              | HU        |      8391 | NS      | $43994.86     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| DB HiTek Co. Ltd.                                                         | DB HiTek Co. Ltd.                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |       337 | NS      | $13908.12     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Cargill, Inc.                                                             | Cargill, Inc.                                                             | CUSIP: 141781CG7<br>LEI: QXZYQNMR4JZ5RIRN4T31 | Long             | DBT              | CORP              | US        |    155000 | PA      | $150309.86    | 0.16%             | 2055-10-23      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| Posiflex Technology, Inc.                                                 | Posiflex Technology, Inc.                                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |      4000 | NS      | $28235.91     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| QUALCOMM, Inc.                                                            | QUALCOMM, Inc.                                                            | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |      1411 | NS      | $255249.90    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Saudi Arabian Oil Co.                                                     | Saudi Arabian Oil Co.                                                     | CUSIP: 80414L2P9<br>LEI: 5586006WD91QHB7J4X50 | Long             | DBT              | NUSS              | SA        |    275000 | PA      | $275687.50    | 0.30%             | 2054-07-17      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Shin-Etsu Chemical Co. Ltd.                                               | Shin-Etsu Chemical Co. Ltd.                                               | CUSIP: N/A<br>LEI: 353800PX8Q64N86H5W41       | Long             | EC               | CORP              | JP        |      3000 | NS      | $90617.09     | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Vanguard Mid-Cap ETF                                                      | Vanguard Mid-Cap ETF                                                      | CUSIP: 922908629<br>LEI: N/A                  | Long             |  | RF                | US        |      3030 | NS      | $881457.30    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Diversified Healthcare Trust                                              | Diversified Healthcare Trust                                              | CUSIP: 25525PAE7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     55000 | PA      | $55412.50     | 0.06%             | 2030-10-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| EURO                                                                      | EURO                                                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | XX        |     56630 | OU      | $65274.62     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| British Pound                                                             | British Pound                                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | GB        |     27884 | OU      | $36631.78     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms, Inc.                                                      | Meta Platforms, Inc.                                                      | CUSIP: 30303MAD4<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    350000 | PA      | $350709.14    | 0.38%             | 2035-11-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Sekisui House REIT, Inc.                                                  | Sekisui House REIT, Inc.                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |        47 | NS      | $24184.67     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Lockheed Martin Corp.                                                     | Lockheed Martin Corp.                                                     | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |       286 | NS      | $140677.68    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| LPL Holdings, Inc.                                                        | LPL Holdings, Inc.                                                        | CUSIP: 50212YAP9<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |    225000 | PA      | $228765.22    | 0.25%             | 2030-06-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| RB Global Holdings, Inc.                                                  | RB Global Holdings, Inc.                                                  | CUSIP: 76774LAB3<br>LEI: 254900LH3N0EGB1LQ203 | Long             | DBT              | CORP              | US        |    179000 | PA      | $182580.00    | 0.20%             | 2028-03-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Kohl's Corp.                                                              | Kohl's Corp.                                                              | CUSIP: 500255AY0<br>LEI: 549300JF6LPRTRJ0FH50 | Long             | DBT              | CORP              | US        |     94000 | PA      | $102300.20    | 0.11%             | 2030-06-01      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: —       |
| VOC Escrow Ltd.                                                           | VOC Escrow Ltd.                                                           | CUSIP: 91832VAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    208000 | PA      | $207157.60    | 0.22%             | 2028-02-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Suncor Energy, Inc.                                                       | Suncor Energy, Inc.                                                       | CUSIP: 867224107<br>LEI: 549300W70ZOQDVLCHY06 | Long             | EC               | CORP              | CA        |      2100 | NS      | $83622.69     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Eastman Chemical Co.                                                      | Eastman Chemical Co.                                                      | CUSIP: 277432100<br>LEI: FDPVHDGJ1IQZFK9KH630 | Long             | EC               | CORP              | US        |       349 | NS      | $20772.48     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Brixmor Property Group, Inc.                                              | Brixmor Property Group, Inc.                                              | CUSIP: 11120U105<br>LEI: 5299007UXW6Y0W2EGZ95 | Long             | EC               | CORP              | US        |        93 | NS      | $2432.88      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Bank AG                                                          | Deutsche Bank AG, Series USTR                                             | CUSIP: N/A<br>LEI: 7LTWFZYICNSX8D621K86       | Long             | DBT              | CORP              | DE        |    200000 | PA      | $212982.00    | 0.23%             | 2030-04-30      | Variable      | 8.13%                 | Yes           |                  2 | On Loan: No      |
| Getty Images, Inc.                                                        | Getty Images, Inc.                                                        | CUSIP: 374276AR4<br>LEI: 5493005NV20IG4VEKZ40 | Long             | DBT              | CORP              | US        |     55000 | PA      | $55425.15     | 0.06%             | 2030-11-15      | Fixed         | 10.50%                | Yes           |                  2 | On Loan: No      |
| Repsol SA                                                                 | Repsol SA                                                                 | CUSIP: N/A<br>LEI: BSYCX13Y0NOTV14V9N85       | Long             | EC               | CORP              | ES        |      4459 | NS      | $81592.21     | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Texas Instruments, Inc.                                                   | Texas Instruments, Inc.                                                   | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |      1158 | NS      | $186970.68    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Biogen, Inc.                                                              | Biogen, Inc.                                                              | CUSIP: 09062XAN3<br>LEI: W8J5WZB5IY3K0NDQT671 | Long             | DBT              | CORP              | US        |     95000 | PA      | $97725.31     | 0.11%             | 2031-01-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: —       |
| 200 Park Funding Trust                                                    | 200 Park Funding Trust                                                    | CUSIP: 901928AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    210000 | PA      | $213282.57    | 0.23%             | 2055-02-15      | Fixed         | 5.74%                 | Yes           |                  2 | On Loan: No      |
| Swiss Re AG                                                               | Swiss Re AG                                                               | CUSIP: N/A<br>LEI: 529900PS9YW3YY29F326       | Long             | EC               | CORP              | CH        |       459 | NS      | $83615.28     | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Iron Mountain, Inc.                                                       | Iron Mountain, Inc.                                                       | CUSIP: 46284V101<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | EC               | CORP              | US        |       425 | NS      | $43753.75     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Pacific Gas and Electric Co.                                              | Pacific Gas and Electric Co.                                              | CUSIP: 694308KU0<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    145000 | PA      | $148723.35    | 0.16%             | 2035-03-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Bridgestone Corp.                                                         | Bridgestone Corp.                                                         | CUSIP: N/A<br>LEI: 549300DHPOF90OYYD780       | Long             | EC               | CORP              | JP        |      2100 | NS      | $92170.53     | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| RFS Asset Securitization V LLC                                            | RFS Asset Securitization V LLC, Series 2025-1, Class B                    | CUSIP: 74970DAG7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    295000 | PA      | $297905.10    | 0.32%             | 2032-05-15      | Fixed         | 6.20%                 | Yes           |                  2 | On Loan: No      |
| Public Service Enterprise Group, Inc.                                     | Public Service Enterprise Group, Inc.                                     | CUSIP: 744573AZ9<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | DBT              | CORP              | US        |    255000 | PA      | $264786.31    | 0.29%             | 2034-04-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Salesforce, Inc.                                                          | Salesforce, Inc.                                                          | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |       167 | NS      | $43488.47     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| ROBLOX Corp.                                                              | ROBLOX Corp.                                                              | CUSIP: 771049AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    195000 | PA      | $186127.50    | 0.20%             | 2030-05-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| Indonesian Rupiah                                                         | Indonesian Rupiah                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | ID        |  37974820 | OU      | $2283.51      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| International Games System Co. Ltd.                                       | International Games System Co. Ltd.                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |       863 | NS      | $20212.75     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Twilio, Inc.                                                              | Twilio, Inc.                                                              | CUSIP: 90138FAC6<br>LEI: 5493004W8TRGD63APX93 | Long             | DBT              | CORP              | US        |    198000 | PA      | $190010.70    | 0.21%             | 2029-03-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Spirit AeroSystems, Inc.                                                  | Spirit AeroSystems, Inc.                                                  | CUSIP: 85205TAK6<br>LEI: ZD2NBKV6GCC3UMGBM518 | Long             | DBT              | CORP              | US        |    153000 | PA      | $154133.73    | 0.17%             | 2028-06-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: —       |
| HUB International Ltd.                                                    | HUB International Ltd.                                                    | CUSIP: 44332PAJ0<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |    141000 | PA      | $145937.82    | 0.16%             | 2032-01-31      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| Lamar Advertising Co.                                                     | Lamar Advertising Co., Class A                                            | CUSIP: 512816109<br>LEI: 529900Y8WW4MKVPTB543 | Long             | EC               | CORP              | US        |       252 | NS      | $29884.68     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Klepierre SA                                                              | Klepierre SA                                                              | CUSIP: N/A<br>LEI: 969500PB4U31KEFHZ621       | Long             | EC               | CORP              | FR        |        63 | NS      | $2406.53      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| XPLR Infrastructure Operating Partners LP                                 | XPLR Infrastructure Operating Partners LP                                 | CUSIP: 65342QAB8<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |     17000 | PA      | $16586.05     | 0.02%             | 2027-09-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| United Overseas Bank Ltd.                                                 | United Overseas Bank Ltd.                                                 | CUSIP: N/A<br>LEI: IO66REGK3RCBAMA8HR66       | Long             | EC               | CORP              | SG        |      2800 | NS      | $74582.05     | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| CareTrust REIT, Inc.                                                      | CareTrust REIT, Inc.                                                      | CUSIP: 14174T107<br>LEI: 5493001NVXE2B9GPLU96 | Long             | EC               | CORP              | US        |       944 | NS      | $32709.60     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Seegene, Inc.                                                             | Seegene, Inc.                                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |      1764 | NS      | $31324.23     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Zoetis, Inc.                                                              | Zoetis, Inc.                                                              | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |       117 | NS      | $16858.53     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| VoltaGrid LLC                                                             | VoltaGrid LLC                                                             | CUSIP: 92874BAA3<br>LEI: 254900R5BEUGIKK1FM03 | Long             | DBT              | CORP              | US        |     65000 | PA      | $66090.70     | 0.07%             | 2030-11-01      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| Palo Alto Networks, Inc.                                                  | Palo Alto Networks, Inc.                                                  | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               | CORP              | US        |       137 | NS      | $30172.88     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinix, Inc.                                                             | Equinix, Inc.                                                             | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |        94 | NS      | $79524.94     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| A.O. Smith Corp.                                                          | A.O. Smith Corp.                                                          | CUSIP: 831865209<br>LEI: 549300XG4US7UJNECY36 | Long             | EC               | CORP              | US        |       362 | NS      | $23888.38     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| HLF Financing Sarl LLC                                                    | HLF Financing Sarl LLC                                                    | CUSIP: 40390DAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    102000 | PA      | $89910.96     | 0.10%             | 2029-06-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| Linde plc                                                                 | Linde plc                                                                 | CUSIP: N/A<br>LEI: 5299003QR1WT0EF88V51       | Long             | EC               | CORP              | IE        |        90 | NS      | $37647.00     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-12-01

**Name of Applicant:** 1290 Funds

**Signature:** James Kelly

**Name of Signer:** James Kelly

**Title:** Treasurer