# EDGAR Filing Document

**Accession Number:** 0002042316
**File Stem:** 0001004726-26-004383
**Filing Date:** 2026-5
**Character Count:** 491284
**Document Hash:** 4be14d33f17b5820e71f49483f3e0670
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001004726-26-004383.hdr.sgml**: 20260528

**ACCESSION NUMBER**: 0001004726-26-004383

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260528

**DATE AS OF CHANGE**: 20260528

**PERIOD START**: 20260930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Victory Portfolios IV
- **CENTRAL INDEX KEY:** 0002042316

**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:** 811-24019
- **FILM NUMBER:** 261034069

**BUSINESS ADDRESS:**
- **STREET 1:** 15935 LA CANTERA PARKWAY
- **CITY:** SAN ANTONIO
- **STATE:** TX
- **ZIP:** 78256
- **BUSINESS PHONE:** (210) 697-3624

**MAIL ADDRESS:**
- **STREET 1:** 15935 LA CANTERA PARKWAY
- **CITY:** SAN ANTONIO
- **STATE:** TX
- **ZIP:** 78256

## Series and Classes Contracts Data

### Victory Pioneer Strategic Income Fund (Series ID: S000089761)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000256500 | Class A      | PSRAX           |
| C000256501 | Class R6     | STRKX           |
| C000256502 | Class Y      | STRYX           |
| C000256503 | Class R      | STIRX           |
| C000256504 | Class C      | PSRCX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Victory Portfolios IV

- **b. Investment Company Act file number:** 811-24019

- **c. CIK number of Registrant:** 0002042316

- **d. LEI of Registrant:** 25490054DPU07WNNLY79

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

  - **Street Address 1:** 15935 La Cantera Pkwy Building Two

  - **City:** San Antonio

  - **State:** TX

  - **Foreign country:** US

  - **Zip / Postal Code:** 78256

  - **Telephone number:** 800-539-3863

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

- **a. Name of Series:** Victory Pioneer Strategic Income Fund

- **b. EDGAR series identifier (if any):** S000089761

- **c. LEI of Series:** TN5Y392EHJ8T3X0XI337

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

- **a. Date of fiscal year-end:** 2026-09-30

- **b. Date as of which information is reported:** 2026-03-31

**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:** $4212009752.17

**Total Liabilities:** $497807412.57

**Net Assets:** $3714202339.60

**Cash Not Reported:** $62538289.72

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -3700.42053287 | **1-Year:** -74061.21294950 | **5-Year:** -295689.06707368 | **10-Year:** -448204.04335253 | **30-Year:** -158309.34509626

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

- **3-Month:** -2090.14682179 | **1-Year:** -60914.09172109 | **5-Year:** -187950.35358564 | **10-Year:** -89414.77494109 | **30-Year:** -15743.18225660

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000256502 | 0.73%                | 1.41%                | -2.21%               |
| Class ID C000256500 | 0.70%                | 1.38%                | -2.24%               |
| Class ID C000256503 | 0.67%                | 1.34%                | -2.12%               |
| Class ID C000256501 | 0.74%                | 1.42%                | -2.21%               |
| Class ID C000256504 | 0.65%                | 1.35%                | -2.35%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $3287022.20              | $5236115.83                                |
| Month 2  | $3024822.28              | $16894482.86                               |
| Month 3  | $-2549763.27             | $-86937991.16                              |

**Designated Index Information**

- **Index Name:** Securities Portfolio

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| FREDDIE MAC STACR REMIC TRUST                            | STACR TRUST 2018 HRP2                              | CUSIP: 35564ACC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      4750000 | PA      | $5738696.83   | 0.15%             | 2047-02-25      | Floating      | 14.28%                | Yes           | 2                  | On Loan: No      |
| Republica Argentina                                      | ARGENTINE REPUBLIC GOVERNMENT INTERNATIONAL BOND   | CUSIP: 040114HX1<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |       246316 | PA      | $215785.13    | 0.01%             | 2029-07-09      | Fixed         | 1.00%                 | No            | 2                  | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                            | FORD MOTOR CREDIT CO LLC                           | CUSIP: 345397G49<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |     13710000 | PA      | $13881244.21  | 0.37%             | 2029-11-07      | Fixed         | 5.88%                 | No            | 2                  | On Loan: No      |
| AMERICAN ELECTRIC POWER COMPANY, INC.                    | AMERICAN ELECTRIC POWER CO INC                     | CUSIP: 02557TAE9<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |     37263000 | PA      | $36808950.35  | 0.99%             | 2056-03-15      | Fixed         | 5.80%                 | No            | 2                  | On Loan: No      |
| FREMF MORTGAGE TRUST                                     | FREMF 2020 KF83 MORTGAGE TRUST                     | CUSIP: 302696AA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      1204060 | PA      | $1232256.62   | 0.03%             | 2030-07-25      | Floating      | 12.78%                | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36176JEY2<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        32039 | PA      | $30746.50     | 0.00%             | 2041-08-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Easton Re Ltd                                            | EASTON RE LTD                                      | CUSIP: 27777AAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |       250000 | PA      | $252175.00    | 0.01%             | 2027-01-08      | Variable      | 11.19%                | Yes           | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3132DPTT5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      3452680 | PA      | $3641283.71   | 0.10%             | 2053-02-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31410WMT2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        69912 | PA      | $72942.12     | 0.00%             | 2037-06-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| FREMF MORTGAGE TRUST                                     | FREMF 2017 KW02 MORTGAGE TRUST                     | CUSIP: 30301RAN3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      4500000 | PA      | $4420540.80   | 0.12%             | 2026-12-25      | Variable      | 3.86%                 | Yes           | 2                  | On Loan: No      |
| Republic of Ukraine                                      | UKRAINE GOVERNMENT                                 | CUSIP: 903724CB6<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |      2370898 | PA      | $1242525.29   | 0.03%             | 2035-02-01      | Variable      | 4.50%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 36200QLP7<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |          153 | PA      | $157.19       | 0.00%             | 2032-03-15      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| CLEVELAND-CLIFFS INC.                                    | CLEVELAND CLIFFS INC                               | CUSIP: 185899AR2<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |      6905000 | PA      | $6754954.90   | 0.18%             | 2033-05-01      | Fixed         | 7.38%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36182WCZ4<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |       264743 | PA      | $253859.00    | 0.01%             | 2044-08-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36200NBP5<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        27263 | PA      | $27885.72     | 0.00%             | 2034-01-15      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| PRMI SECURITIZATION TRUST                                | PRMI SECURITIZATION TRUST 2021 1                   | CUSIP: 69359DBW2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      1735552 | PA      | $1407257.45   | 0.04%             | 2051-04-25      | Variable      | 2.48%                 | Yes           | 2                  | On Loan: No      |
| MOSAIC SOLAR LOAN TRUST                                  | MOSAIC SOLAR LOAN TRUST 2021 1                     | CUSIP: 61947DAD1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      2730130 | PA      | $2183383.33   | 0.06%             | 2046-12-20      | Fixed         | 3.71%                 | Yes           | 2                  | On Loan: No      |
| VORNADO REALTY L.P.                                      | VORNADO REALTY LP                                  | CUSIP: 929043AN7<br>LEI: 549300BMOJ05INE4YK86 | Long             | DBT              | CORP              | US        |      1310000 | PA      | $1284622.18   | 0.03%             | 2033-02-01      | Fixed         | 5.75%                 | No            | 2                  | On Loan: No      |
| Mayflower Re Ltd.                                        | MAYFLOWER RE LTD                                   | CUSIP: 57839MAD0<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |       500000 | PA      | $508700.00    | 0.01%             | 2028-07-07      | Variable      | 6.97%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36209SD65<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |         5067 | PA      | $4853.91      | 0.00%             | 2041-10-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3138YPZM7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        96241 | PA      | $92670.51     | 0.00%             | 2045-07-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36183B7G7<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        29478 | PA      | $28248.83     | 0.00%             | 2044-09-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| NMEF FUNDING LLC                                         | NMEF FUNDING 2024 A LLC                            | CUSIP: 62919UAE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      4997000 | PA      | $5203328.13   | 0.14%             | 2031-12-15      | Fixed         | 8.75%                 | Yes           | 2                  | On Loan: No      |
| Sanders Re II Ltd                                        | SANDERS RE II LTD                                  | CUSIP: 80001RAB7<br>LEI: 254900VRQU0N0MF3CT92 | Long             | DBT              | CORP              | BM        |      2000000 | PA      | $2030600.00   | 0.05%             | 2032-04-07      | Variable      | 9.01%                 | Yes           | 2                  | On Loan: No      |
| Windrose Re Ltd.                                         | WINDROSE RE LTD                                    | CUSIP: 972917AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |      2000000 | PA      | $1991200.00   | 0.05%             | 2033-02-11      | Variable      | 8.77%                 | Yes           | 2                  | On Loan: No      |
| XCALI MORTGAGE TRUST                                     | XCALI 2020 5 MORTGAGE TRUST                        | CUSIP: 98401JAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       452918 | PA      | $451476.66    | 0.01%             | 2026-04-30      | Floating      | 7.04%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 01F052649<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      9300000 | PA      | $9342834.96   | 0.25%             | 2056-04-25      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| VISIO TRUST                                              | VISIO 2019 2 TRUST                                 | CUSIP: 92837DAE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       800000 | PA      | $761396.40    | 0.02%             | 2054-11-25      | Fixed         | 3.91%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31402RRS0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |         2624 | PA      | $2694.98      | 0.00%             | 2035-10-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| GREAT BRITISH POUND                                      | GREAT BRITISH POUND                                | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | GB        |            3 | NS      | $3.61         | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| Blue Ridge Re Ltd.                                       | BLUE RIDGE RE LTD                                  | CUSIP: 096003AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |       500000 | PA      | $503950.00    | 0.01%             | 2031-01-08      | Variable      | 8.86%                 | Yes           | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 31288GCW0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |          944 | PA      | $963.38       | 0.00%             | 2033-03-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| ORANGE SA                                                | ORANGE SA                                          | CUSIP: 685218AE9<br>LEI: 969500MCOONR8990S771 | Long             | DBT              | CORP              | FR        |      3820000 | PA      | $3777300.57   | 0.10%             | 2033-01-13      | Fixed         | 4.75%                 | Yes           | 2                  | On Loan: No      |
| United States of America                                 | UNITED STATES TREASURY BILL                        | CUSIP: 912797TK3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     38000000 | PA      | $37896530.56  | 1.02%             | 2026-04-28      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| ROSY BLUE CARAT S A                                      | ROSY BLUE CARAT SCS                                | CUSIP: 77862UAC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      1031250 | PA      | $1046925.00   | 0.03%             | 2030-03-15      | Fixed         | 8.48%                 | Yes           | 3                  | On Loan: No      |
| Estados Unidos Mexicanos                                 | UNITED MEXICAN STATES                              | CUSIP: 91087BBQ2<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |      6755000 | PA      | $6606390.00   | 0.18%             | 2034-02-09      | Fixed         | 5.62%                 | No            | 2                  | On Loan: No      |
| SOVCOMBANK VIA SOVCOM CAPITAL DAC                        | SOVCOMBANK VIA SOVCOM CAPITAL DAC                  | CUSIP: 84605LAD8<br>LEI: N/A                  | Long             | DBT              | CORP              | RU        |      5010000 | PA      | $0.00         | 0.00%             | 2199-12-31      | Floating      | 7.60%                 | Yes           | 3                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36200NYP0<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        38291 | PA      | $39320.59     | 0.00%             | 2034-07-15      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140Q7E52<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       395674 | PA      | $355163.26    | 0.01%             | 2047-03-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140UANS0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       400000 | PA      | $394663.01    | 0.01%             | 2056-04-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Ciudad de Buenos Aires                                   | CIUDAD AUTONOMA DE BUENOS AIRES GOVERNMENT BONDS   | CUSIP: 11942GAD4<br>LEI: 5299007MC8RF52X0ON96 | Long             | DBT              | MUN               | AR        |      2271447 | PA      | $2284462.29   | 0.06%             | 2027-06-01      | Fixed         | 7.50%                 | Yes           | 2                  | On Loan: No      |
| FIGRE TRUST                                              | FIGRE TRUST 2025 HE2                               | CUSIP: 31684KAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      3111815 | PA      | $3131654.42   | 0.08%             | 2055-03-25      | Variable      | 5.78%                 | Yes           | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133BXCA7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       212146 | PA      | $219578.43    | 0.01%             | 2053-03-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133D4P98<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       137562 | PA      | $120730.09    | 0.00%             | 2042-02-01      | Fixed         | 2.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36297BL90<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        42676 | PA      | $43523.92     | 0.00%             | 2038-10-15      | Fixed         | 5.12%                 | No            | 2                  | On Loan: No      |
| ASG FINANCE DESIGNATED ACTIVITY COMPANY                  | ASG FINANCE DESIGNATED ACTIVITY CO                 | CUSIP: 00217AAB2<br>LEI: 5493005UOB0OMEJ4WK10 | Long             | DBT              | CORP              | IE        |      5565000 | PA      | $4490434.67   | 0.12%             | 2029-05-15      | Fixed         | 9.75%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140QRB69<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1208226 | PA      | $1218749.75   | 0.03%             | 2053-01-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140APN42<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       175969 | PA      | $181273.13    | 0.00%             | 2054-08-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Lightning Re Ltd.                                        | LIGHTNING RE SERIES                                | CUSIP: 532242AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |      2600000 | PA      | $2600000.00   | 0.07%             | 2030-03-31      | Variable      | 14.69%                | Yes           | 2                  | On Loan: No      |
| BANK OF AMERICA                                          | BANK OF AMERICA                                    | CUSIP: N/A<br>LEI: 9DJT3UXIJIZJI4WXO774       | Long             | RA               | CORP              | US        |     36000000 | PA      | $36000000.00  | 0.97%             |  |  |  | No            | 2                  | On Loan: No      |
| ENERGEAN ISRAEL FINANCE LTD                              | ENERGEAN ISRAEL FINANCE LTD                        | CUSIP: BO3322191<br>LEI: N/A                  | Long             | DBT              | CORP              | IL        |      5613000 | PA      | $5213941.35   | 0.14%             | 2031-03-30      | Fixed         | 5.88%                 | Yes           | 2                  | On Loan: No      |
| SOHO TRUST                                               | SOHO TRUST 2021 SOHO                               | CUSIP: 83410JAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      1500000 | PA      | $1238991.15   | 0.03%             | 2038-08-10      | Variable      | 2.79%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association 2               | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 21H052645<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     14000000 | PA      | $14089162.36  | 0.38%             | 2056-04-20      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| GAMBOGE RE 2024                                          | GAMBOGE RE 2024                                    | CUSIP: S00625882<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |      5000000 | PA      | $2326000.00   | 0.06%             | 2030-03-31      | None          | 0.00%                 | Yes           | 3                  | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST                            | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 35565EAE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      2431000 | PA      | $2633111.88   | 0.07%             | 2047-09-25      | Floating      | 8.58%                 | Yes           | 2                  | On Loan: No      |
| STARWOOD PROPERTY TRUST, INC.                            | STARWOOD PROPERTY TRUST INC                        | CUSIP: 85571BBF1<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |      3785000 | PA      | $3741850.24   | 0.10%             | 2028-10-15      | Fixed         | 5.25%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 38383FMY6<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |      1890169 | PA      | $183996.65    | 0.00%             | 2049-01-20      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140J5SF7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       796736 | PA      | $725534.80    | 0.02%             | 2047-04-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140J9KV2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2426533 | PA      | $2401460.44   | 0.06%             | 2043-09-01      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| HOME PARTNERS OF AMERICA TRUST                           | HOME PARTNERS OF AMERICA 2019 1 TRUST              | CUSIP: 43731QAL2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       571636 | PA      | $550377.17    | 0.01%             | 2039-09-17      | Fixed         | 4.10%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36183E6M9<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        29448 | PA      | $28103.05     | 0.00%             | 2044-11-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| VENTURE GLOBAL LNG, INC.                                 | VENTURE GLOBAL LNG INC                             | CUSIP: 92332YAB7<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |      3278000 | PA      | $3409039.16   | 0.09%             | 2031-06-01      | Fixed         | 8.38%                 | Yes           | 2                  | On Loan: No      |
| United States of America                                 | 30 YEAR US TREASURY BOND FUTURE JUN26              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |          -80 | NC      | $-108961.20   | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36176PPS9<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        73498 | PA      | $70597.85     | 0.00%             | 2041-07-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140BUW99<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        99786 | PA      | $105263.29    | 0.00%             | 2055-12-01      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| American Airlines Pass Through Trust 2021-1B             | AMERICAN AIRLINES 2021 1 CLASS B PASS              | CUSIP: 02376LAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      1116550 | PA      | $1064791.88   | 0.03%             | 2032-01-11      | Fixed         | 3.95%                 | No            | 2                  | On Loan: No      |
| NATIXIS COMMERCIAL MORTGAGE SECURITIES TRUST             | NATIXIS COMMERCIAL MORTGAGE SECURITIES TRUST 2019  | CUSIP: 63873VAL7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      1030000 | PA      | $660009.68    | 0.02%             | 2036-08-15      | Variable      | 4.54%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36198K6A4<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        32226 | PA      | $30778.78     | 0.00%             | 2044-04-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3132D9QY3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     16142340 | PA      | $13477808.89  | 0.36%             | 2042-03-01      | Fixed         | 1.50%                 | No            | 2                  | On Loan: No      |
| FloodSmart Re Ltd                                        | FLOODSMART RE LTD                                  | CUSIP: 33975CAP0<br>LEI: 549300KK1LNVFW95S875 | Long             | DBT              | CORP              | BM        |      1000000 | PA      | $1047000.00   | 0.03%             | 2031-03-11      | Variable      | 17.83%                | Yes           | 2                  | On Loan: No      |
| SCF EQUIPMENT LEASING LLC                                | SCF EQUIPMENT LEASING 2025 2 LLC                   | CUSIP: 78439XAG9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      3390000 | PA      | $3403691.87   | 0.09%             | 2036-06-20      | Fixed         | 6.21%                 | Yes           | 2                  | On Loan: No      |
| J.P. MORGAN MORTGAGE TRUST                               | JP MORGAN MORTGAGE TRUST 2021 7                    | CUSIP: 46592NCC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |            0 | PA      | $0.01         | 0.00%             | 2051-11-25      | Variable      | 2.79%                 | Yes           | 2                  | On Loan: No      |
| United States of America                                 | U S TREASURY NOTE                                  | CUSIP: 91282CPQ8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      6387700 | PA      | $6295128.24   | 0.17%             | 2032-12-31      | Fixed         | 3.88%                 | No            | 2                  | On Loan: No      |
| EURO                                                     | EURO                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | XX        |       530715 | NS      | $613429.85    | 0.02%             |  |  |  | No            | N/A                | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36182LCZ8<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |         2108 | PA      | $2013.41      | 0.00%             | 2044-04-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31416BTA6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       221084 | PA      | $222459.57    | 0.01%             | 2039-01-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST                            | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 35564KPN3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      2340000 | PA      | $2377019.03   | 0.06%             | 2041-12-25      | Floating      | 7.41%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36183YDG0<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        53211 | PA      | $50431.64     | 0.00%             | 2045-01-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 3137F8M83<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      2009364 | PA      | $418399.91    | 0.01%             | 2050-12-25      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 3620AVXP2<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |         2377 | PA      | $2283.00      | 0.00%             | 2040-12-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| ARBOR REALTY COMMERCIAL REAL ESTATE NOTES LTD            | ARBOR REALTY COLLATERALIZED LOAN OBLIGATION LTD    | CUSIP: 03881UAG6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      4180000 | PA      | $4204776.53   | 0.11%             | 2041-01-18      | Floating      | 6.31%                 | Yes           | 2                  | On Loan: No      |
| Ursa Re II Ltd.                                          | URSA RE II LTD                                     | CUSIP: 91734PAJ5<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |       500000 | PA      | $495750.00    | 0.01%             | 2029-12-07      | Variable      | 7.16%                 | Yes           | 2                  | On Loan: No      |
| ALTURAS RE 2021 3 7 31 25                                | ALTURAS RE 2021 3 7 31 25                          | CUSIP: S00322493<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |       236951 | PA      | $6634.63      | 0.00%             | 2026-07-31      | None          | 0.00%                 | Yes           | 3                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36204DXR5<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        37295 | PA      | $35813.42     | 0.00%             | 2041-07-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36230UG45<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |       194480 | PA      | $186752.88    | 0.01%             | 2041-02-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 01F050445<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     19000000 | PA      | $19138738.19  | 0.52%             | 2041-04-25      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| HSBC HOLDINGS PLC                                        | HSBC HOLDINGS PLC                                  | CUSIP: 404280FJ3<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |      4335000 | PA      | $4292015.44   | 0.12%             | 2199-12-31      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| Vitality Re XVII Limited                                 | VITALITY RE XVII LTD                               | CUSIP: 92853KAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |      2500000 | PA      | $2496500.00   | 0.07%             | 2030-01-08      | Variable      | 5.52%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140NBXS5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       167850 | PA      | $174551.17    | 0.00%             | 2053-03-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 38384AEX7<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |      9025022 | PA      | $1826345.84   | 0.05%             | 2050-06-20      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140NGX96<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       654454 | PA      | $649316.60    | 0.02%             | 2053-04-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Turkiye Cumhuriyeti                                      | TURKIYE GOVERNMENT INTERNATIONAL BOND              | CUSIP: 900123DU1<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |      5820000 | PA      | $5442645.17   | 0.15%             | 2038-01-14      | Fixed         | 6.88%                 | No            | 2                  | On Loan: No      |
| LIVE NATION ENTERTAINMENT, INC.                          | LIVE NATION ENTERTAINMENT INC                      | CUSIP: 538034BC2<br>LEI: 5493007B9BM9ZXJINO78 | Long             | DBT              | CORP              | US        |       290000 | PA      | $312475.00    | 0.01%             | 2030-01-15      | Fixed         | 2.88%                 | No            | 2                  | On Loan: No      |
| Aquila Re I Ltd.                                         | AQUILA RE I LTD SERIES 2023 1                      | CUSIP: 037987AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |       500000 | PA      | $511250.00    | 0.01%             | 2031-06-07      | Variable      | 9.31%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 38382CRQ6<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |      1558596 | PA      | $261758.81    | 0.01%             | 2050-02-20      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| FIGRE TRUST                                              | FIGRE TRUST 2025 HE1                               | CUSIP: 30191LAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      6475092 | PA      | $6515684.89   | 0.18%             | 2055-01-25      | Variable      | 5.83%                 | Yes           | 2                  | On Loan: No      |
| FREMF MORTGAGE TRUST                                     | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 30318WAN3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     10000000 | PA      | $6679099.00   | 0.18%             | 2031-01-25      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140NDYR2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       905850 | PA      | $918549.65    | 0.02%             | 2053-04-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| United States of America                                 | U S TREASURY NOTE                                  | CUSIP: 91282CQD6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     25000000 | PA      | $24515625.00  | 0.66%             | 2031-02-28      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| CREDITO REAL SAB DE CV SOFOM ER                          | CREDITO REAL SAB DE CV SOFOM ER                    | CUSIP: 225ESCAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |      6660000 | PA      | $666.00       | 0.00%             | 2028-01-21      | Fixed         | 8.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36200K2A4<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        16565 | PA      | $17303.16     | 0.00%             | 2033-01-15      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133BXW72<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       423694 | PA      | $431912.73    | 0.01%             | 2053-03-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36198K5N7<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        15632 | PA      | $14924.93     | 0.00%             | 2044-03-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| RESORTS WORLD LAS VEGAS LLC                              | RESORTS WORLD LAS VEGAS LLC                        | CUSIP: 76120HAC1<br>LEI: 254900LHVH9D3APT8R82 | Long             | DBT              | CORP              | US        |      5300000 | PA      | $4178441.03   | 0.11%             | 2031-04-06      | Fixed         | 4.62%                 | Yes           | 2                  | On Loan: No      |
| FORD MOTOR COMPANY                                       | FORD MOTOR CO                                      | CUSIP: 345370DB3<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |      4430000 | PA      | $4466298.22   | 0.12%             | 2032-08-19      | Fixed         | 6.10%                 | No            | 2                  | On Loan: No      |
| TALEN ENERGY SUPPLY, LLC                                 | TALEN ENERGY SUPPLY LLC                            | CUSIP: 87422VAM0<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | DBT              | CORP              | US        |      4400000 | PA      | $4350976.96   | 0.12%             | 2034-02-01      | Fixed         | 6.25%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140N7UJ7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       415654 | PA      | $412570.43    | 0.01%             | 2053-02-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31401HES7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |         2301 | PA      | $2341.41      | 0.00%             | 2033-06-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| OAK-EAGLE ACQUIRECO, INC.                                | OAK EAGLE ACQUIRECO INC                            | CUSIP: 67124CAA1<br>LEI: 6488ICS9P20290MA1H31 | Long             | DBT              | CORP              | US        |       780000 | PA      | $808153.66    | 0.02%             | 2033-07-01      | Fixed         | 7.25%                 | Yes           | 2                  | On Loan: No      |
| FREMF MORTGAGE TRUST                                     | FREMF 2018 K154 MORTGAGE TRUST                     | CUSIP: 302968AE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      2300000 | PA      | $2014465.12   | 0.05%             | 2032-11-25      | Variable      | 4.16%                 | Yes           | 2                  | On Loan: No      |
| GS MORTGAGE SECURITIES CORPORATION TRUST                 | GS MORTGAGE SECURITIES CORP TRUST 2020 DUNE        | CUSIP: 36258BAS7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      4893271 | PA      | $4671057.35   | 0.13%             | 2036-12-15      | Floating      | 6.29%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association 2               | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36192S4A5<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |       744102 | PA      | $687562.58    | 0.02%             | 2046-03-20      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| AVOLON HOLDINGS FUNDING LIMITED                          | AVOLON HOLDINGS FUNDING LTD                        | CUSIP: 05401ABD2<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |      5160000 | PA      | $5056260.93   | 0.14%             | 2031-01-30      | Fixed         | 4.70%                 | Yes           | 2                  | On Loan: No      |
| Romania                                                  | ROMANIAN GOVERNMENT INTERNATIONAL BOND             | CUSIP: YX2480029<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |      6320000 | PA      | $7216877.95   | 0.19%             | 2032-05-30      | Fixed         | 5.25%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36205VU97<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |         1728 | PA      | $1751.40      | 0.00%             | 2032-07-15      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 3620AY6G6<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        79067 | PA      | $75349.88     | 0.00%             | 2041-09-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Four Lakes Re Ltd.                                       | FOUR LAKES RE LTD                                  | CUSIP: 35087TAH1<br>LEI: 549300MG4RRU6DT7MN54 | Long             | DBT              | CORP              | BM        |       250000 | PA      | $253200.00    | 0.01%             | 2028-01-07      | Variable      | 12.11%                | Yes           | 2                  | On Loan: No      |
| Republica Federativa do Brasil                           | BRAZILIAN GOVERNMENT INTERNATIONAL BOND            | CUSIP: 105756CQ1<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |     15870000 | PA      | $15544665.00  | 0.42%             | 2036-05-22      | Fixed         | 6.25%                 | No            | 2                  | On Loan: No      |
| HERC HOLDINGS INC.                                       | HERC HOLDINGS INC                                  | CUSIP: 42704LAG9<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |      2480000 | PA      | $2541360.16   | 0.07%             | 2033-06-15      | Fixed         | 7.25%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36176EZG9<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |         9292 | PA      | $8932.87      | 0.00%             | 2041-07-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Darling Global Finance B.V.                              | DARLING GLOBAL FINANCE BV                          | CUSIP: N/A<br>LEI: 724500R2BQXOR6YG2Y67       | Long             | DBT              | CORP              | NL        |      2875000 | PA      | $3306678.44   | 0.09%             | 2032-07-15      | Fixed         | 4.50%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31387DM71<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |           45 | PA      | $46.34        | 0.00%             | 2031-05-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36295CK42<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |         2379 | PA      | $2278.39      | 0.00%             | 2043-09-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36176CCN3<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |         2993 | PA      | $2857.96      | 0.00%             | 2041-08-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140BGH97<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       179708 | PA      | $180955.16    | 0.00%             | 2055-12-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36181VR81<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        27002 | PA      | $25854.38     | 0.00%             | 2044-03-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| ALLY BANK AUTO CREDIT-LINKED NOTES                       | ALLY BANK AUTO CREDIT LINKED NOTES SERIES 2024 B   | CUSIP: 02007G4H3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      2219519 | PA      | $2260690.66   | 0.06%             | 2032-09-15      | Fixed         | 11.39%                | Yes           | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 31427MJA0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       104748 | PA      | $103549.11    | 0.00%             | 2054-09-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| HUNTINGTON AUTO TRUST                                    | HUNTINGTON BANK AUTO CREDIT LINKED NOTES SERIES 20 | CUSIP: 44644NAK5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       629209 | PA      | $627601.54    | 0.02%             | 2032-10-20      | Floating      | 7.67%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140NDU88<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        94561 | PA      | $97159.66     | 0.00%             | 2053-03-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| TURKCELL ILETISIM HIZMETLERI ANONIM SIRKETI              | TURKCELL ILETISIM HIZMETLERI AS                    | CUSIP: 900111AD7<br>LEI: 7890003EX1LTLS2FFL84 | Long             | DBT              | CORP              | TR        |      9149000 | PA      | $9317297.23   | 0.25%             | 2032-01-24      | Fixed         | 7.65%                 | Yes           | 2                  | On Loan: No      |
| Montoya Re Ltd.                                          | MONTOYA RE LTD                                     | CUSIP: 613752AF1<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |       400000 | PA      | $397800.00    | 0.01%             | 2034-04-09      | Variable      | 7.07%                 | Yes           | 2                  | On Loan: No      |
| TOMTIT RE 2026                                           | TOMTIT RE 2026                                     | CUSIP: S00803130<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |       500000 | PA      | $525450.00    | 0.01%             | 2031-12-31      | None          | 0.00%                 | Yes           | 3                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140XGR84<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1779579 | PA      | $1642698.96   | 0.04%             | 2052-04-01      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| ACCELERATED ASSETS LLC                                   | ACCELERATED ASSETS 2018 1 LLC                      | CUSIP: 00436MAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       205129 | PA      | $195575.74    | 0.01%             | 2033-12-02      | Fixed         | 6.65%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36211EPU6<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        55172 | PA      | $56626.85     | 0.00%             | 2035-02-15      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Turkiye Cumhuriyeti                                      | TURKIYE GOVERNMENT BOND                            | CUSIP: YV8564630<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    842603000 | PA      | $16536053.30  | 0.45%             | 2029-09-12      | Fixed         | 30.00%                | No            | 2                  | On Loan: No      |
| VISTA POINT SECURITIZATION TRUST                         | VISTA POINT SECURITIZATION TRUST 2024 CES1         | CUSIP: 92839HAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      4123156 | PA      | $4166076.37   | 0.11%             | 2054-05-25      | Fixed         | 6.68%                 | Yes           | 2                  | On Loan: No      |
| THOPAS RE 2026                                           | THOPAS RE 2026                                     | CUSIP: S00806610<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |      3487564 | PA      | $3559407.82   | 0.10%             | 2031-12-31      | None          | 0.00%                 | Yes           | 3                  | On Loan: No      |
| RADIAN GUARANTY INC AND EAGLE RE LTD                     | EAGLE RE 2023 1 LTD                                | CUSIP: 26982EAC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      8240000 | PA      | $8428985.22   | 0.23%             | 2033-09-26      | Floating      | 7.61%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36176W2Z3<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |         4033 | PA      | $3873.77      | 0.00%             | 2041-12-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| ALBERTSONS COMPANIES, INC.                               | ALBERTSONS COS INC                                 | CUSIP: 01309QAC2<br>LEI: 549300YKWOC0AOR16R51 | Long             | DBT              | CORP              | US        |      2600000 | PA      | $2570547.20   | 0.07%             | 2031-03-31      | Fixed         | 5.50%                 | Yes           | 2                  | On Loan: No      |
| READY CAPITAL MORTGAGE TRUST                             | READY CAPITAL MORTGAGE TRUST 2019 5                | CUSIP: 75575MAJ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       688013 | PA      | $683052.70    | 0.02%             | 2052-02-25      | Variable      | 5.05%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association 2               | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 36202DZZ7<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        31325 | PA      | $32369.58     | 0.00%             | 2033-10-20      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Sanders Re III Ltd.                                      | SANDERS RE III LTD                                 | CUSIP: 799927AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |       750000 | PA      | $780225.00    | 0.02%             | 2031-04-07      | Variable      | 9.20%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 01F030645<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     32600000 | PA      | $28628650.07  | 0.77%             | 2052-04-25      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| TALEN ENERGY SUPPLY, LLC                                 | TALEN ENERGY SUPPLY LLC                            | CUSIP: 87422VAN8<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | DBT              | CORP              | US        |      7500000 | PA      | $7551980.48   | 0.20%             | 2036-02-01      | Fixed         | 6.50%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 38383BZU9<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     33316962 | PA      | $3449408.34   | 0.09%             | 2051-10-20      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31416WYP1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2587318 | PA      | $2500652.13   | 0.07%             | 2040-10-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31371KXY2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |         1539 | PA      | $1582.48      | 0.00%             | 2033-01-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| PANGAEA RE LTD                                           | PANGAEA RE LTD                                     | CUSIP: S00798853<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |      1500000 | PA      | $1566302.29   | 0.04%             | 2031-12-31      | None          | 0.00%                 | Yes           | 3                  | On Loan: No      |
| ALTA WIND HOLDINGS, LLC                                  | ALTA WIND HOLDINGS LLC                             | CUSIP: 021345AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |       555973 | PA      | $527408.38    | 0.01%             | 2035-06-30      | Fixed         | 7.00%                 | Yes           | 2                  | On Loan: No      |
| COLUMBIA PIPELINES HOLDING COMPANY LLC                   | COLUMBIA PIPELINES HOLDING CO LLC                  | CUSIP: 19828AAD9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      4115000 | PA      | $4137243.47   | 0.11%             | 2031-10-01      | Fixed         | 5.10%                 | Yes           | 2                  | On Loan: No      |
| RATE MORTGAGE TRUST                                      | RATE MORTGAGE TRUST 2021 HB1                       | CUSIP: 75409XDH6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      1706168 | PA      | $1375146.81   | 0.04%             | 2051-12-25      | Variable      | 2.70%                 | Yes           | 2                  | On Loan: No      |
| BENCHMARK MORTGAGE TRUST                                 | BENCHMARK 2020 IG3 MORTGAGE TRUST                  | CUSIP: 08162QAN9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      2025000 | PA      | $1441682.15   | 0.04%             | 2048-09-15      | Variable      | 3.26%                 | Yes           | 2                  | On Loan: No      |
| CONTINENTAL FINANCE CREDIT CARD ABS LLC                  | CONTINENTAL FINANCE CREDIT CARD ABS MASTER TRUST   | CUSIP: 66981PAK4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      6550000 | PA      | $6654105.05   | 0.18%             | 2030-10-15      | Fixed         | 9.33%                 | Yes           | 2                  | On Loan: No      |
| COMM MORTGAGE TRUST                                      | COMM MORTGAGE TRUST                                | CUSIP: 12656KAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      3750000 | PA      | $3191688.75   | 0.09%             | 2046-11-10      | Fixed         | 2.17%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 38381XW51<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |      1430506 | PA      | $168805.29    | 0.00%             | 2049-08-20      | Floating      | 2.26%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133BW3L5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       289538 | PA      | $300848.81    | 0.01%             | 2053-03-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36183E3P5<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |         5982 | PA      | $5724.04      | 0.00%             | 2044-11-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| CDX CDX NAHYS45V1 5Y                                     | CDX CDX NAHYS45V1 5Y                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |   -148500000 | OU      | $7829439.75   | 0.21%             |  |  |  | No            | 2                  | On Loan: No      |
| SILK ROAD RE LTD                                         | SILK ROAD RE LTD                                   | CUSIP: YS2541615<br>LEI: N/A                  | Long             | DBT              | CORP              | HK        |       250000 | PA      | $251875.00    | 0.01%             | 2032-01-12      | Floating      | 9.53%                 | Yes           | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133W7XR1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       322430 | PA      | $333824.38    | 0.01%             | 2054-03-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3136B5TL9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1321374 | PA      | $145182.65    | 0.00%             | 2049-08-25      | Floating      | 2.27%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36183HN35<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        39383 | PA      | $37536.07     | 0.00%             | 2044-12-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31391JW89<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |         5829 | PA      | $5941.82      | 0.00%             | 2032-12-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                            | FORD MOTOR CREDIT CO LLC                           | CUSIP: 345397B69<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |      7600000 | PA      | $6848311.82   | 0.18%             | 2031-06-17      | Fixed         | 3.62%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 3620C04P0<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        77733 | PA      | $74213.91     | 0.00%             | 2040-07-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| United States of America                                 | 10 YEAR US TREASURY NOTE FUTURE JUN26              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |        -1360 | NC      | $2693020.43   | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| ABBOTT LABORATORIES                                      | ABBOTT LABORATORIES                                | CUSIP: 002824BU3<br>LEI: HQD377W2YR662HK5JX27 | Long             | DBT              | CORP              | US        |      4620000 | PA      | $4517705.81   | 0.12%             | 2036-03-15      | Fixed         | 4.65%                 | No            | 2                  | On Loan: No      |
| International Bank for Reconstruction and Development    | INTERNATIONAL BANK FOR RECONSTRUCTION              | CUSIP: ZK2494902<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              |  | US        |    581000000 | PA      | $5987985.77   | 0.16%             | 2028-04-24      | Fixed         | 6.85%                 | No            | 2                  | On Loan: No      |
| VENTURE GLOBAL PLAQUEMINES LNG, LLC                      | VENTURE GLOBAL PLAQUEMINES LNG LLC                 | CUSIP: 922966AC0<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |      4840000 | PA      | $5045430.32   | 0.14%             | 2034-01-15      | Fixed         | 6.50%                 | Yes           | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133BULG0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       509033 | PA      | $529991.80    | 0.01%             | 2053-01-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Grupo Aeromexico, S.A.B. de C.V.                         | GRUPO AEROMEXICO SAB DE CV                         | CUSIP: N/A<br>LEI: 529900BECKHBL62WD126       | Long             | EC               | CORP              | MX        |      1281710 | NS      | $1809969.32   | 0.05%             |  |  |  | No            | 1                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 01F040644<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     14000000 | PA      | $13209330.96  | 0.36%             | 2056-04-25      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140FXFQ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2578277 | PA      | $2202204.08   | 0.06%             | 2057-02-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140NQDM7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      6498771 | PA      | $6657974.04   | 0.18%             | 2053-09-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140FXKE1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1483375 | PA      | $1333551.04   | 0.04%             | 2048-05-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| ALAMO RE LTD.                                            | ALAMO RE LTD                                       | CUSIP: 011395AP5<br>LEI: 5493003E22VRD25G0S03 | Long             | DBT              | CORP              | BM        |       250000 | PA      | $258750.00    | 0.01%             | 2027-06-07      | Variable      | 11.60%                | Yes           | 2                  | On Loan: No      |
| MORGAN STANLEY CAPITAL I TRUST                           | MORGAN STANLEY CAPITAL I TRUST 2014 150E           | CUSIP: 61764BAG8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      3350000 | PA      | $2999580.96   | 0.08%             | 2032-09-09      | Fixed         | 4.01%                 | Yes           | 2                  | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST                            | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 35566CBE4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      2630000 | PA      | $3057562.52   | 0.08%             | 2050-12-25      | Floating      | 9.31%                 | Yes           | 2                  | On Loan: No      |
| Republique de Cote d'Ivoire                              | IVORY COAST GOVERNMENT INTERNATIONAL BOND          | CUSIP: 221625AN6<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |      2500000 | PA      | $2351976.95   | 0.06%             | 2033-06-15      | Fixed         | 6.12%                 | Yes           | 2                  | On Loan: No      |
| Purple Re Ltd.                                           | PURPLE RE LTD                                      | CUSIP: 74639NAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |       500000 | PA      | $515050.00    | 0.01%             | 2031-06-06      | Variable      | 12.62%                | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 01F022444<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2000000 | PA      | $1888970.10   | 0.05%             | 2041-04-25      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| SCF EQUIPMENT LEASING LLC                                | SCF EQUIPMENT TRUST 2016 1 LLC                     | CUSIP: 78437DAG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      4200000 | PA      | $4342814.28   | 0.12%             | 2035-11-20      | Fixed         | 6.75%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36184AXK0<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        89091 | PA      | $85342.99     | 0.00%             | 2045-02-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 3620AT7H4<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |          697 | PA      | $668.49       | 0.00%             | 2041-01-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association 2               | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36179QR29<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |       504043 | PA      | $498156.59    | 0.01%             | 2044-10-20      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| TRICOLOR AUTO SECURITIZATION TRUST                       | TRICOLOR AUTO SECURITIZATION TRUST 2024 3          | CUSIP: 89617AAE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      2550000 | PA      | $328440.00    | 0.01%             | 2030-07-15      | Fixed         | 8.64%                 | Yes           | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3132DWKP7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     15911581 | PA      | $16243160.46  | 0.44%             | 2054-02-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| CELANESE US HOLDINGS LLC                                 | CELANESE US HOLDINGS LLC                           | CUSIP: 15089QAY0<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |     14605000 | PA      | $15579679.28  | 0.42%             | 2033-11-15      | Variable      | 7.20%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36181LT57<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        91795 | PA      | $88020.46     | 0.00%             | 2043-08-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36292JUH0<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |         9278 | PA      | $9300.67      | 0.00%             | 2035-12-15      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| POST ROAD EQUIPMENT FINANCE LLC                          | POST ROAD EQUIPMENT FINANCE 2024 1 LLC             | CUSIP: 737473AF5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      2260000 | PA      | $2320436.02   | 0.06%             | 2031-12-15      | Fixed         | 8.50%                 | Yes           | 2                  | On Loan: No      |
| FREMF MORTGAGE TRUST                                     | FREMF 2018 KW07 MORTGAGE TRUST                     | CUSIP: 30297NAE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       975000 | PA      | $891371.23    | 0.02%             | 2031-10-25      | Variable      | 4.24%                 | Yes           | 2                  | On Loan: No      |
| VENTURE GLOBAL PLAQUEMINES LNG, LLC                      | VENTURE GLOBAL PLAQUEMINES LNG LLC                 | CUSIP: 922966AE6<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |      4185000 | PA      | $4303962.81   | 0.12%             | 2030-12-15      | Fixed         | 6.12%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140XNN26<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2720443 | PA      | $2595079.59   | 0.07%             | 2051-07-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association 2               | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36179WXH6<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |      1134896 | PA      | $938072.64    | 0.03%             | 2052-02-20      | Fixed         | 2.00%                 | No            | 2                  | On Loan: No      |
| CIDRON AIDA FINCO SARL                                   | CIDRON AIDA FINCO SARL                             | CUSIP: YQ8301000<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |      6130000 | PA      | $6686142.33   | 0.18%             | 2031-10-27      | Fixed         | 7.00%                 | Yes           | 2                  | On Loan: No      |
| Desarrolladora Homex, S.A.B. de C.V                      | DESSARROLADORA HOMEX                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | MX        |      1018282 | NS      | $56.81        | 0.00%             |  |  |  | No            | 3                  | On Loan: No      |
| Government National Mortgage Association 2               | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36202FXC5<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |       795383 | PA      | $788303.84    | 0.02%             | 2041-09-20      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| INTL BK RECON DEVELOP                                    | INTL BK RECON DEVELOP                              | CUSIP: U4586HN41<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |   1339000000 | PA      | $2699398.78   | 0.07%             | 2026-09-16      | Fixed         | 10.00%                | No            | 2                  | On Loan: No      |
| Government National Mortgage Association 2               | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 21H022648<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     17000000 | PA      | $14622656.25  | 0.39%             | 2056-04-20      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| 1261229 B.C. LTD.                                        | 1261229 BC LTD                                     | CUSIP: C6903HAB0<br>LEI: N/A                  | Long             | LON              | CORP              | CA        |      4835700 | PA      | $4676271.81   | 0.13%             | 2030-10-08      | Floating      | 9.92%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 3620AXTN8<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        46929 | PA      | $45065.34     | 0.00%             | 2040-11-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 3620A6DV6<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |         2846 | PA      | $2718.31      | 0.00%             | 2039-07-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 01F050643<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     32000000 | PA      | $31556052.48  | 0.85%             | 2056-04-25      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| South Bow Canadian Infrastructure Holdings Ltd.          | SOUTH BOW CANADIAN                                 | CUSIP: 836720AJ1<br>LEI: 2549004FYUSYLPBT1G26 | Long             | DBT              | CORP              | CA        |      3845000 | PA      | $4003352.48   | 0.11%             | 2055-03-01      | Fixed         | 7.50%                 | No            | 2                  | On Loan: No      |
| Vista Energy Argentina S.A.U.                            | VISTA ENERGY ARGENTINA SAU                         | CUSIP: 92841RAA8<br>LEI: 549300FE4UJNCG1DB123 | Long             | DBT              | CORP              | AR        |      5060000 | PA      | $5120720.00   | 0.14%             | 2035-12-10      | Fixed         | 7.62%                 | Yes           | 2                  | On Loan: No      |
| Enbridge Inc.                                            | ENBRIDGE INC                                       | CUSIP: 29250NCG8<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |      5520000 | PA      | $5798936.64   | 0.16%             | 2055-03-15      | Fixed         | 7.38%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3132DSC75<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       498929 | PA      | $514558.33    | 0.01%             | 2041-06-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36241LQ74<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |       316448 | PA      | $313014.71    | 0.01%             | 2040-11-15      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Highwoods Realty Limited Partnership                     | HIGHWOODS REALTY LP                                | CUSIP: 431282AT9<br>LEI: JUJNVZX73BIYHLR58F51 | Long             | DBT              | CORP              | US        |       640000 | PA      | $565816.33    | 0.02%             | 2031-02-01      | Fixed         | 2.60%                 | No            | 2                  | On Loan: No      |
| LONDON BRIDGE 2 PCC LIMITED                              | FUCHSIA 2023 1 LONDON BRIDGE 2 PCC LTD             | CUSIP: 541917AA8<br>LEI: 549300TUFAUPZXE4UR14 | Long             | DBT              | CORP              | GB        |       750000 | PA      | $769950.00    | 0.02%             | 2033-04-06      | Variable      | 8.90%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140X8K89<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       425135 | PA      | $434074.84    | 0.01%             | 2049-05-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36198XBF9<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |      1173944 | PA      | $1114977.06   | 0.03%             | 2044-09-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| PRIME HEALTHCARE SERVICES, INC.                          | PRIME HEALTHCARE SERVICES INC                      | CUSIP: 74165HAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     11575000 | PA      | $12003275.00  | 0.32%             | 2029-09-01      | Fixed         | 9.38%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36201YHV1<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        32648 | PA      | $32932.45     | 0.00%             | 2033-11-15      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| FIDELITY NATIONAL INFORMATION SERVICES, INC.             | FIDELITY NATIONAL INFORMATION SERVICES INC         | CUSIP: 31620MCE4<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | DBT              | CORP              | US        |      2590000 | PA      | $2569671.71   | 0.07%             | 2031-03-10      | Fixed         | 4.80%                 | No            | 2                  | On Loan: No      |
| SECTOR RE V LTD                                          | SECTOR RE V LTD                                    | CUSIP: 81369AEU2<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |      4400000 | PA      | $4723400.00   | 0.13%             | 2030-12-01      | None          | 0.00%                 | Yes           | 3                  | On Loan: No      |
| ARGETINE PESO                                            | ARGETINE PESO                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | AR        |    180440202 | NS      | $130516.76    | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| HOA ROYALTYCO LLC                                        | HOA ROYALTYCO LLC                                  | CUSIP: 403962AB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      9940844 | PA      | $2090999.89   | 0.06%             | 2055-11-22      | Fixed         | 4.72%                 | Yes           | 3                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140XLDC9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1184553 | PA      | $1221685.69   | 0.03%             | 2053-05-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133C0TY8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       107089 | PA      | $106382.85    | 0.00%             | 2053-04-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36200TUN6<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        90479 | PA      | $90728.57     | 0.00%             | 2033-09-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| VOLKSWAGEN GROUP OF AMERICA FINANCE, LLC                 | VOLKSWAGEN GROUP OF AMERICA FINANCE LLC            | CUSIP: 928668CS9<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |      4538000 | PA      | $4535337.92   | 0.12%             | 2035-03-27      | Fixed         | 5.80%                 | Yes           | 2                  | On Loan: No      |
| WELLS FARGO COMMERCIAL MORTGAGE TRUST                    | WELLS FARGO COMMERCIAL MORTGAGE TRUST 2026 1250B   | CUSIP: 949939AE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       790000 | PA      | $780087.63    | 0.02%             | 2041-03-10      | Variable      | 5.59%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31385JK80<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |          331 | PA      | $342.53       | 0.00%             | 2032-08-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| ACCORINVEST GROUP SA                                     | ACCORINVEST GROUP SA                               | CUSIP: YO2568302<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |      5055000 | PA      | $5652437.18   | 0.15%             | 2032-05-15      | Fixed         | 5.62%                 | Yes           | 2                  | On Loan: No      |
| J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST   | JP MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRU | CUSIP: 46651WAL8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     11650000 | PA      | $1731681.63   | 0.05%             | 2038-12-05      | Fixed         | 3.99%                 | Yes           | 2                  | On Loan: No      |
| SAN DIEGO GAS & ELECTRIC COMPANY                         | SAN DIEGO GAS ELECTRIC CO                          | CUSIP: 797440CH5<br>LEI: KNIRVXKVNJJ4P8OTMS63 | Long             | DBT              | CORP              | US        |      2135000 | PA      | $2129025.31   | 0.06%             | 2036-03-15      | Fixed         | 5.20%                 | No            | 2                  | On Loan: No      |
| ABN AMRO Bank N.V.                                       | ABN AMRO BANK NV                                   | CUSIP: 00084DAV2<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |     18100000 | PA      | $16155429.76  | 0.43%             | 2037-03-13      | Fixed         | 3.32%                 | Yes           | 2                  | On Loan: No      |
| DANAOS CORPORATION                                       | DANAOS CORP                                        | CUSIP: 23585WAC8<br>LEI: 734IM3DNDNT36T7YTD24 | Long             | DBT              | CORP              | MH        |      8035000 | PA      | $8164427.78   | 0.22%             | 2032-10-15      | Fixed         | 6.88%                 | Yes           | 2                  | On Loan: No      |
| GLS AUTO RECEIVABLES TRUST                               | GLS AUTO RECEIVABLES ISSUER TRUST 2024 2           | CUSIP: 37964VAG2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      2830000 | PA      | $2948220.14   | 0.08%             | 2031-05-15      | Fixed         | 7.98%                 | Yes           | 2                  | On Loan: No      |
| Rede D'Or Finance SARL                                   | REDE D OR FINANCE SARL                             | CUSIP: 75735GAC2<br>LEI: 549300FDE772OLJUCP79 | Long             | DBT              | CORP              | LU        |      8770000 | PA      | $8779427.75   | 0.24%             | 2035-09-09      | Fixed         | 6.45%                 | Yes           | 2                  | On Loan: No      |
| BAYVIEW MSR OPPORTUNITY MASTER FUND TRUST                | BAYVIEW MSR OPPORTUNITY MASTER FUND TRUST 2021 INV | CUSIP: 07336LAH6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      5970020 | PA      | $4102177.45   | 0.11%             | 2051-06-25      | Variable      | 2.50%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140QQ3A1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1131354 | PA      | $1141669.49   | 0.03%             | 2052-12-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| BERWICK RE LTD                                           | BERWICK RE LTD                                     | CUSIP: S00798808<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |      2220000 | PA      | $2136497.78   | 0.06%             | 2031-12-31      | None          | 0.00%                 | Yes           | 3                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36176PRT5<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |         3421 | PA      | $3289.18      | 0.00%             | 2041-11-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133C04U3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       142869 | PA      | $147537.04    | 0.00%             | 2053-04-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 38382WZF7<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |      3014238 | PA      | $486795.77    | 0.01%             | 2051-08-20      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association 2               | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 21H050649<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     14000000 | PA      | $13864232.76  | 0.37%             | 2056-04-20      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST                      | CONNECTICUT AVENUE SECURITIES TRUST 2020 SBT1      | CUSIP: 20753VBE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      2670000 | PA      | $2730075.00   | 0.07%             | 2040-02-25      | Floating      | 7.43%                 | Yes           | 2                  | On Loan: No      |
| FREEDOM MORTGAGE HOLDINGS LLC                            | FREEDOM MORTGAGE HOLDINGS LLC                      | CUSIP: 35641AAC2<br>LEI: 254900ROJ91RGM43S156 | Long             | DBT              | CORP              | US        |       745000 | PA      | $732852.25    | 0.02%             | 2032-04-01      | Fixed         | 8.38%                 | Yes           | 2                  | On Loan: No      |
| 321 HENDERSON RECEIVABLES II LLC                         | 321 HENDERSON RECEIVABLES III LLC                  | CUSIP: 88576RAC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       500000 | PA      | $509881.50    | 0.01%             | 2048-01-15      | Fixed         | 9.36%                 | Yes           | 2                  | On Loan: No      |
| ARCLIN US HOLDING                                        | ARCLIN US HOLDING                                  | CUSIP: 03881HAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     20130000 | PA      | $19379754.90  | 0.52%             | 2031-03-02      | Fixed         | 9.75%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36178YQG3<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |         3478 | PA      | $3333.38      | 0.00%             | 2042-10-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| BNP PARIBAS SA                                           | BNP PARIBAS SA                                     | CUSIP: 05602XQQ4<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |     17270000 | PA      | $17335354.52  | 0.47%             | 2199-12-31      | Fixed         | 7.45%                 | Yes           | 2                  | On Loan: No      |
| THOPAS RE 2021 12 31 26                                  | THOPAS RE 2021 12 31 26                            | CUSIP: S00265550<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |      5000000 | PA      | $73500.00     | 0.00%             | 2026-12-31      | None          | 0.00%                 | Yes           | 3                  | On Loan: No      |
| RESORTS WORLD LAS VEGAS LLC                              | RESORTS WORLD LAS VEGAS LLC RWLV CAPITAL INC       | CUSIP: 76120HAA5<br>LEI: 254900LHVH9D3APT8R82 | Long             | DBT              | CORP              | US        |     17100000 | PA      | $14696204.61  | 0.40%             | 2029-04-16      | Fixed         | 4.62%                 | Yes           | 2                  | On Loan: No      |
| Allianz SE                                               | ALLIANZ SE                                         | CUSIP: 018820AD2<br>LEI: 529900K9B0N5BT694847 | Long             | DBT              | CORP              | DE        |      3800000 | PA      | $3769147.04   | 0.10%             | 2054-09-03      | Fixed         | 5.60%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36176M4M2<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        14403 | PA      | $13821.23     | 0.00%             | 2041-09-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| BREAN ASSET BACKED SECURITIES TRUST                      | BREAN ASSET BACKED SECURITIES TRUST 2021 RM2       | CUSIP: 10638MAB6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      2696284 | PA      | $2633386.47   | 0.07%             | 2061-10-25      | Fixed         | 1.75%                 | Yes           | 2                  | On Loan: No      |
| FLAGSTAR MORTGAGE TRUST                                  | FLAGSTAR MORTGAGE TRUST 2021 4                     | CUSIP: 33852FBA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    190165216 | PA      | $2396690.25   | 0.06%             | 2051-06-01      | Variable      | 0.20%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140BV7B0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       199454 | PA      | $201352.84    | 0.01%             | 2055-12-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3132DWJ46<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     15889412 | PA      | $15992178.45  | 0.43%             | 2053-12-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| RMF BUYOUT ISSUANCE TRUST                                | RMF BUYOUT ISSUANCE TRUST 2021 HB1                 | CUSIP: 74969TAE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      3000000 | PA      | $2850174.00   | 0.08%             | 2031-11-25      | Variable      | 4.70%                 | Yes           | 2                  | On Loan: No      |
| ESC GAB 0 08 20 51                                       | ESC GAB 0 08 20 51                                 | CUSIP: 403ESCAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     10200000 | PA      | $0.00         | 0.00%             | 2051-08-20      | None          | 0.00%                 | No            | 3                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140KPNP4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       165872 | PA      | $143650.23    | 0.00%             | 2050-10-01      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| United States of America                                 | ULTRA LONG TERM US TREASURY BOND FUTURE JUN26      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |         2092 | NC      | $-7864754.35  | -0.21%            |  |  |  | No            | 1                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3132DSC59<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |          699 | PA      | $706.80       | 0.00%             | 2040-05-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Veraison Re Ltd.                                         | VERAISON RE LTD                                    | CUSIP: 92335TAF6<br>LEI: 2549007WYB39A966J434 | Long             | DBT              | CORP              | BM        |       400000 | PA      | $399560.00    | 0.01%             | 2029-03-08      | Variable      | 3.65%                 | Yes           | 2                  | On Loan: No      |
| BANTRY RE 2025 2                                         | BANTRY RE 2025 2                                   | CUSIP: S00737494<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |      3250000 | PA      | $3719625.00   | 0.10%             | 2031-06-30      | None          | 0.00%                 | Yes           | 3                  | On Loan: No      |
| European Bank for Reconstruction and Development         | EUROPEAN BANK FOR RECONSTRUCTION DEVELOPMENT       | CUSIP: N/A<br>LEI: 549300HTGDOVDU6OGK19       | Long             | DBT              |  | GB        |    212795000 | PA      | $20974408.45  | 0.56%             | 2032-02-02      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36202SGX0<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |         7949 | PA      | $8099.83      | 0.00%             | 2033-03-15      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Chartwell Re Ltd.                                        | CHARTWELL RE LTD                                   | CUSIP: 16140YAB8<br>LEI: 984500FFT645KFFE6F50 | Long             | DBT              | CORP              | BM        |       250000 | PA      | $257325.00    | 0.01%             | 2028-06-07      | Variable      | 10.13%                | Yes           | 2                  | On Loan: No      |
| EXETER AUTOMOBILE RECEIVABLES TRUST                      | EXETER AUTOMOBILE RECEIVABLES TRUST 2024 5         | CUSIP: 30165BAH6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     13220000 | PA      | $13410545.15  | 0.36%             | 2032-05-17      | Fixed         | 7.22%                 | Yes           | 2                  | On Loan: No      |
| Residential Reinsurance 2024 Limited                     | RESIDENTIAL REINSURANCE 2004 LTD                   | CUSIP: 76112AAD4<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |       750000 | PA      | $760950.00    | 0.02%             | 2028-12-06      | Variable      | 10.61%                | Yes           | 2                  | On Loan: No      |
| MORGAN STANLEY                                           | MORGAN STANLEY                                     | CUSIP: 61747YFM2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |      7605000 | PA      | $7774193.00   | 0.21%             | 2039-02-07      | Fixed         | 5.94%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31371KLT6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |          203 | PA      | $207.91       | 0.00%             | 2032-03-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| International Bank for Reconstruction and Development    | INTERNATIONAL BANK FOR RECONSTRUCTION              | CUSIP: ZK0871929<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              |  | US        |    435400000 | PA      | $4355965.41   | 0.12%             | 2030-04-17      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140U0VV6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       198929 | PA      | $209061.21    | 0.01%             | 2055-12-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| CHILEAN PESO                                             | CHILEAN PESO                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | CL        | -18580000000 | OU      | $9725.50      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 3620A7ZK4<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        45040 | PA      | $43300.73     | 0.00%             | 2040-08-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140FXHT2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       383624 | PA      | $355711.29    | 0.01%             | 2052-05-01      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140BV6R6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       197203 | PA      | $194627.02    | 0.01%             | 2055-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133W7X42<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       148401 | PA      | $154072.26    | 0.00%             | 2054-02-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| CANADIAN DOLLAR                                          | CANADIAN DOLLAR                                    | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | CA        |        92168 | NS      | $66255.31     | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36198RLP9<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |       535649 | PA      | $513307.38    | 0.01%             | 2044-09-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Mehilainen Yhtiot Oy                                     | MEHILAINEN YHTIOT OY                               | CUSIP: N/A<br>LEI: 2138006X78HGYRHS5865       | Long             | DBT              | CORP              | FI        |      1285000 | PA      | $1480102.05   | 0.04%             | 2032-06-30      | Fixed         | 5.12%                 | Yes           | 2                  | On Loan: No      |
| Bayou Re Ltd.                                            | BAYOU RE LTD                                       | CUSIP: 07304LAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |       500000 | PA      | $512500.00    | 0.01%             | 2030-05-26      | Variable      | 22.54%                | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association 2               | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 21H042646<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |      2000000 | PA      | $1931802.32   | 0.05%             | 2046-04-20      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| JPMORGAN CHASE & CO.                                     | JPMORGAN CHASE CO                                  | CUSIP: 46647PFK7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |      9800000 | PA      | $9630126.90   | 0.26%             | 2037-02-05      | Fixed         | 5.19%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31371K2H3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |          847 | PA      | $871.99       | 0.00%             | 2033-03-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| UNITED STATES DOLLARS                                    | UNITED STATES DOLLARS                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |    611040000 | OU      | $245230.21    | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31371KUB5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |          353 | PA      | $362.64       | 0.00%             | 2032-10-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| CROCKETT PARTNERS EQUIPMENT COMPANY IIA LLC              | CROCKETT PARTNERS EQUIPMENT CO IIA LLC             | CUSIP: 22689LAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      4258485 | PA      | $4308338.52   | 0.12%             | 2031-01-20      | Fixed         | 6.05%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36213FPJ6<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        17975 | PA      | $18362.14     | 0.00%             | 2033-03-15      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| FIRST QUANTUM MINERALS LTD.                              | FIRST QUANTUM MINERALS LTD                         | CUSIP: 335934AW5<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |      1840000 | PA      | $1917929.52   | 0.05%             | 2033-03-01      | Fixed         | 8.00%                 | Yes           | 2                  | On Loan: No      |
| WIRECO WORLDGROUP INC.                                   | WIRECO                                             | CUSIP: 97654QAK3<br>LEI: 5493008NQ1Q5T2GZOJ37 | Long             | LON              | CORP              | US        |       972027 | PA      | $970406.24    | 0.03%             | 2028-11-13      | Floating      | 7.42%                 | No            | 2                  | On Loan: No      |
| Galileo Re Ltd.                                          | GALILEO RE LTD                                     | CUSIP: 36354TAQ5<br>LEI: 549300MXI75DHMS7JH38 | Long             | DBT              | CORP              | BM        |       500000 | PA      | $496400.00    | 0.01%             | 2034-10-09      | Variable      | 5.48%                 | Yes           | 2                  | On Loan: No      |
| Chartwell Re Ltd.                                        | CHARTWELL RE LTD                                   | CUSIP: 16140YAA0<br>LEI: 984500FFT645KFFE6F50 | Long             | DBT              | CORP              | BM        |       625000 | PA      | $645250.00    | 0.02%             | 2028-06-07      | Variable      | 9.09%                 | Yes           | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3142JPF97<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |        77384 | PA      | $80979.60     | 0.00%             | 2055-10-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31376KR99<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       136674 | PA      | $137928.10    | 0.00%             | 2035-07-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| CITIZENS FINANCIAL GROUP, INC.                           | CITIZENS FINANCIAL GROUP INC                       | CUSIP: 174610BK0<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |       710000 | PA      | $703608.18    | 0.02%             | 2036-01-29      | Fixed         | 5.30%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3136BHF87<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      4552246 | PA      | $866463.62    | 0.02%             | 2051-07-25      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| J.P. MORGAN MORTGAGE TRUST                               | JP MORGAN MORTGAGE TRUST 2021 3                    | CUSIP: 46592KAJ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      2000000 | PA      | $1404875.40   | 0.04%             | 2051-07-25      | Variable      | 2.50%                 | Yes           | 2                  | On Loan: No      |
| GS MORTGAGE-BACKED SECURITIES TRUST                      | GS MORTGAGE BACKED SECURITIES TRUST 2021 PJ9       | CUSIP: 36263CBN8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |            0 | PA      | $0.01         | 0.00%             | 2052-02-26      | Variable      | 2.92%                 | Yes           | 2                  | On Loan: No      |
| SUMITOMO LIFE INSURANCE COMPANY                          | SUMITOMO LIFE INSURANCE CO                         | CUSIP: 86564CAF7<br>LEI: 549300I5OQCDADQSPI57 | Long             | DBT              | CORP              | JP        |     18800000 | PA      | $18394463.32  | 0.50%             | 2055-09-10      | Fixed         | 5.88%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140NEAF2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       115762 | PA      | $119973.13    | 0.00%             | 2053-03-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| HERC HOLDINGS INC.                                       | HERC HOLDINGS INC                                  | CUSIP: 42704LAK0<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |      1450000 | PA      | $1401785.76   | 0.04%             | 2034-03-15      | Fixed         | 6.00%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140NDHG5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       522950 | PA      | $527708.06    | 0.01%             | 2053-04-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| PI0047 RE 2025                                           | PI0047 RE 2025                                     | CUSIP: S00736826<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |     10000000 | PA      | $11049872.01  | 0.30%             | 2031-06-30      | None          | 0.00%                 | Yes           | 3                  | On Loan: No      |
| DENTSPLY SIRONA INC.                                     | DENTSPLY SIRONA INC                                | CUSIP: 24906PAB5<br>LEI: 9NHEHR1SOZCYXDO8HO28 | Long             | DBT              | CORP              | US        |     12042000 | PA      | $11759370.65  | 0.32%             | 2055-09-12      | Fixed         | 8.38%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140NGYG9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       125444 | PA      | $131470.49    | 0.00%             | 2053-04-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| THOPAS RE 2020 12 31 26                                  | THOPAS RE 2020 12 31 26                            | CUSIP: S00171925<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |      4000000 | PA      | $18000.00     | 0.00%             | 2026-12-31      | None          | 0.00%                 | Yes           | 3                  | On Loan: No      |
| FREMF MORTGAGE TRUST                                     | FREMF MORTGAGE TRUST                               | CUSIP: 30320UAQ6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     18374996 | PA      | $71458.52     | 0.00%             | 2054-09-25      | Fixed         | 0.10%                 | Yes           | 2                  | On Loan: No      |
| BRAZILIAN REAL                                           | BRAZILIAN REAL                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | BR        |    -43330000 | OU      | $274281.90    | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133BWX57<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       263415 | PA      | $266633.08    | 0.01%             | 2053-03-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| ONEMAIN FINANCE CORP                                     | ONEMAIN FINANCE CORP                               | CUSIP: 682691AA8<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |      5775000 | PA      | $5215304.33   | 0.14%             | 2030-09-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140M2NG3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       448238 | PA      | $391336.61    | 0.01%             | 2042-02-01      | Fixed         | 2.00%                 | No            | 2                  | On Loan: No      |
| Sanders Re II Ltd                                        | SANDERS RE II LTD                                  | CUSIP: 80001RAA9<br>LEI: 254900VRQU0N0MF3CT92 | Long             | DBT              | CORP              | BM        |      1500000 | PA      | $1522800.00   | 0.04%             | 2032-04-07      | Variable      | 7.63%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 3622A2JQ6<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        19965 | PA      | $19169.34     | 0.00%             | 2044-03-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| United States of America                                 | UNITED STATES TREASURY BILL                        | CUSIP: 912797TG2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     63500000 | PA      | $63461741.25  | 1.71%             | 2026-04-07      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| FREMF MORTGAGE TRUST                                     | FREMF MORTGAGE TRUST                               | CUSIP: 30312FAG1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      2471306 | PA      | $2379862.33   | 0.06%             | 2027-10-25      | Variable      | 7.60%                 | Yes           | 2                  | On Loan: No      |
| OAK-EAGLE ACQUIRECO, INC.                                | OAK EAGLE ACQUIRECO INC                            | CUSIP: 67124CAB9<br>LEI: 6488ICS9P20290MA1H31 | Long             | DBT              | CORP              | US        |      2220000 | PA      | $2324099.51   | 0.06%             | 2034-07-01      | Fixed         | 8.75%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140NQK49<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       383091 | PA      | $391501.59    | 0.01%             | 2054-03-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| FARMERS INSURANCE EXCHANGE                               | FARMERS INSURANCE EXCHANGE                         | CUSIP: 309601AE2<br>LEI: 549300UWG2TLX1GZVT44 | Long             | DBT              | CORP              | US        |     13080000 | PA      | $10989145.00  | 0.30%             | 2057-11-01      | Fixed         | 4.75%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36294YQL1<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |         7181 | PA      | $7332.41      | 0.00%             | 2037-03-15      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Nordea Bank Abp                                          | NORDEA BANK ABP                                    | CUSIP: 65559CAD3<br>LEI: 529900ODI3047E2LIV03 | Long             | DBT              | CORP              | FI        |      8302000 | PA      | $7697773.80   | 0.21%             | 2199-12-31      | Fixed         | 3.75%                 | Yes           | 2                  | On Loan: No      |
| Marlon Ltd.                                              | MARLON LTD                                         | CUSIP: 571253AA1<br>LEI: 98450044CD0YE4DAFC06 | Long             | DBT              | CORP              | BM        |       250000 | PA      | $260975.00    | 0.01%             | 2031-06-09      | Variable      | 11.26%                | Yes           | 2                  | On Loan: No      |
| FARMERS EXCHANGE CAPITAL III                             | FARMERS EXCHANGE CAPITAL III                       | CUSIP: 30958QAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      9880000 | PA      | $8923560.67   | 0.24%             | 2054-10-15      | Fixed         | 5.45%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36201RR60<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |          366 | PA      | $369.60       | 0.00%             | 2032-08-15      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Republic of Ukraine                                      | UKRAINE GOVERNMENT INTERNATIONAL BOND              | CUSIP: 903724CA8<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |      1466437 | PA      | $782429.50    | 0.02%             | 2034-02-01      | Variable      | 4.50%                 | Yes           | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3132DSDG4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       864875 | PA      | $877872.25    | 0.02%             | 2053-04-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| LC AHAB US BIDCO LLC                                     | LC AHAB US BIDCO LLC                               | CUSIP: 50180PAB7<br>LEI: 254900949U9K2Q5C5A85 | Long             | LON              | CORP              | US        |      1945375 | PA      | $1929568.83   | 0.05%             | 2031-04-14      | Floating      | 6.17%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3136BCLK4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1457086 | PA      | $301712.28    | 0.01%             | 2050-11-25      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36176HEP5<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |          989 | PA      | $947.62       | 0.00%             | 2041-06-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Vitality RE XIV Limited                                  | VITALITY RE XIV LTD                                | CUSIP: 92851QAB5<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |       400000 | PA      | $406080.00    | 0.01%             | 2027-01-05      | Variable      | 8.41%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 3620C55R4<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |         4088 | PA      | $3896.79      | 0.00%             | 2041-05-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| FREMF MORTGAGE TRUST                                     | FREMF MORTGAGE TRUST                               | CUSIP: 30320UAN3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     81065760 | PA      | $335847.34    | 0.01%             | 2054-09-25      | Fixed         | 0.10%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 3620ARVL2<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |         2258 | PA      | $2170.40      | 0.00%             | 2040-12-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| UNITI SERVICES LLC                                       | UNITI GROUP CSL CAPITAL LLC                        | CUSIP: 91327BAA8<br>LEI: 549300KT9GVEBYCD2N29 | Long             | DBT              | CORP              | US        |      5975000 | PA      | $5803150.28   | 0.16%             | 2029-02-15      | Fixed         | 6.50%                 | Yes           | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3132DSC42<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       403695 | PA      | $399528.03    | 0.01%             | 2047-03-01      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| ATLAS CAPITAL DESIGNATED ACTIVITY COMPANY                | ATLAS CAPITAL DAC                                  | CUSIP: 049207AB9<br>LEI: 635400CBPJFGGWD2AH20 | Long             | DBT              | CORP              | IE        |       750000 | PA      | $813450.00    | 0.02%             | 2030-06-10      | Floating      | 3.55%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140XNNP5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       497515 | PA      | $429746.33    | 0.01%             | 2051-05-01      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Aragvi Finance International Designated Activity Company | ARAGVI FINANCE INTERNATIONAL DAC                   | CUSIP: 03851RAC8<br>LEI: 635400VKAYT1VT6VBF50 | Long             | DBT              | CORP              | IE        |      5010000 | PA      | $4846609.67   | 0.13%             | 2029-11-20      | Fixed         | 11.12%                | Yes           | 2                  | On Loan: No      |
| SUMMIT MIDSTREAM HOLDINGS, LLC                           | SUMMIT MIDSTREAM HOLDINGS LLC                      | CUSIP: 86614JAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      5730000 | PA      | $5893087.26   | 0.16%             | 2029-10-31      | Fixed         | 8.62%                 | Yes           | 2                  | On Loan: No      |
| HONEYWELL AEROSPACE INC.                                 | HONEYWELL AEROSPACE INC                            | CUSIP: 43849RAF2<br>LEI: 213800ZUAQRBYL67JS90 | Long             | DBT              | CORP              | US        |      2630000 | PA      | $2599829.09   | 0.07%             | 2033-03-16      | Fixed         | 4.60%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 38382AFH3<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     18259103 | PA      | $2920592.81   | 0.08%             | 2049-10-20      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| META PLATFORMS, INC.                                     | META PLATFORMS INC                                 | CUSIP: 30303M8Y1<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |      7590000 | PA      | $7049620.16   | 0.19%             | 2065-11-15      | Fixed         | 5.75%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 31287YFX7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |         1184 | PA      | $1230.25      | 0.00%             | 2032-09-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| VIRIBUS RE 2019 12 31 26                                 | VIRIBUS RE 2019 12 31 26                           | CUSIP: S00121123<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |      3650000 | PA      | $0.00         | 0.00%             | 2026-12-31      | None          | 0.00%                 | Yes           | 3                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36182R5U4<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        75617 | PA      | $73997.31     | 0.00%             | 2044-09-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| EASTGROUP PROPERTIES, INC.                               | EGYPTIAN POUND                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | EG        |      8081640 | NS      | $148205.39    | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| UWM HOLDINGS, LLC                                        | UWM HOLDINGS LLC                                   | CUSIP: 903522AB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      2915000 | PA      | $2654648.23   | 0.07%             | 2031-03-15      | Fixed         | 6.25%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 36200Q3L6<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |          331 | PA      | $339.84       | 0.00%             | 2032-02-15      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| MYSTIC RE IV LTD                                         | MYSTIC RE IV LTD                                   | CUSIP: 62865LAE7<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |       850000 | PA      | $867680.00    | 0.02%             | 2031-01-08      | Variable      | 15.85%                | Yes           | 2                  | On Loan: No      |
| Essential Utilities, Inc.                                | ESSENTIAL UTILITIES INC                            | CUSIP: 29670GAL6<br>LEI: 549300ILTEOF3E3QY357 | Long             | DBT              | CORP              | US        |      2860000 | PA      | $2820055.07   | 0.08%             | 2036-03-15      | Fixed         | 5.12%                 | No            | 2                  | On Loan: No      |
| FOUNDRY JV HOLDCO LLC                                    | FOUNDRY JV HOLDCO LLC                              | CUSIP: 350930AC7<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |     10114000 | PA      | $10558879.36  | 0.28%             | 2032-01-25      | Fixed         | 6.15%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36183SDZ1<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |         1725 | PA      | $1636.93      | 0.00%             | 2044-12-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| EURO                                                     | EURO                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |    -11981500 | OU      | $-516624.33   | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 3620AV6T4<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        21636 | PA      | $20733.47     | 0.00%             | 2041-07-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36213FVM2<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        17997 | PA      | $18385.30     | 0.00%             | 2033-06-15      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association 2               | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36179XBP0<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |       593375 | PA      | $490925.65    | 0.01%             | 2052-07-20      | Fixed         | 2.00%                 | No            | 2                  | On Loan: No      |
| ING Groep N.V.                                           | ING GROEP NV                                       | CUSIP: 456837AZ6<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |     13819000 | PA      | $11969261.90  | 0.32%             | 2199-12-31      | Fixed         | 4.25%                 | No            | 2                  | On Loan: No      |
| Long Point Re IV Ltd                                     | LONG POINT RE IV LTD                               | CUSIP: 54279PAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |      2500000 | PA      | $2502750.00   | 0.07%             | 2026-06-01      | Variable      | 7.92%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36201RX71<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        11245 | PA      | $11143.10     | 0.00%             | 2035-04-15      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Minerva Luxembourg S.A.                                  | MINERVA LUXEMBOURG SA                              | CUSIP: 603374AF6<br>LEI: 222100NM3G3RCPGZ2Z17 | Long             | DBT              | CORP              | LU        |      6972000 | PA      | $6312332.37   | 0.17%             | 2031-03-18      | Fixed         | 4.38%                 | Yes           | 2                  | On Loan: No      |
| VERISK ANALYTICS, INC.                                   | VERISK ANALYTICS INC                               | CUSIP: 92345YAP1<br>LEI: 549300I1YSWNIRKBWP67 | Long             | DBT              | CORP              | US        |      2205000 | PA      | $2168327.08   | 0.06%             | 2031-03-15      | Fixed         | 4.45%                 | No            | 2                  | On Loan: No      |
| Grupo Aeromexico, S.A.B. de C.V.                         | GRUPO AEROMEXICO SAB DE CV                         | CUSIP: 40054JAD1<br>LEI: 529900BECKHBL62WD126 | Long             | DBT              | CORP              | MX        |      3915000 | PA      | $3758400.00   | 0.10%             | 2031-11-15      | Fixed         | 8.62%                 | Yes           | 2                  | On Loan: No      |
| BANCO BRADESCO S.A.                                      | BANCO BRADESCO SA CAYMAN ISLANDS                   | CUSIP: 05947KBB5<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |      8900000 | PA      | $9196370.00   | 0.25%             | 2030-01-22      | Fixed         | 6.50%                 | Yes           | 2                  | On Loan: No      |
| WELLS FARGO & COMPANY                                    | WELLS FARGO COMPANY                                | CUSIP: 95002Y400<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EP               | CORP              | US        |       228425 | NS      | $3940331.25   | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| FREMF MORTGAGE TRUST                                     | FREMF 2018 KSW4 MORTGAGE TRUST                     | CUSIP: 302960AH2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      1417812 | PA      | $1341573.70   | 0.04%             | 2028-10-25      | Floating      | 8.78%                 | Yes           | 2                  | On Loan: No      |
| FEDRIGONI SPA                                            | FEDRIGONI SPA                                      | CUSIP: ZB9441039<br>LEI: N/A                  | Long             | DBT              | CORP              | IT        |      4000000 | PA      | $4259476.49   | 0.11%             | 2031-06-15      | Fixed         | 6.12%                 | Yes           | 2                  | On Loan: No      |
| MATTERHORN RE LTD                                        | MATTERHORN RE LTD                                  | CUSIP: 577092BB4<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |       300000 | PA      | $298920.00    | 0.01%             | 2029-02-16      | Floating      | 11.30%                | Yes           | 2                  | On Loan: No      |
| EXETER AUTOMOBILE RECEIVABLES TRUST                      | EXETER AUTOMOBILE RECEIVABLES TRUST 2024 4         | CUSIP: 30166UAG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     14800000 | PA      | $15181341.24  | 0.41%             | 2032-02-17      | Fixed         | 7.65%                 | Yes           | 2                  | On Loan: No      |
| Ciudad de Buenos Aires                                   | CITY OF BUENOS AIRES                               | CUSIP: 11943HAD1<br>LEI: 5299007MC8RF52X0ON96 | Long             | DBT              | MUN               | AR        |      3265000 | PA      | $3305943.10   | 0.09%             | 2033-11-26      | Fixed         | 7.80%                 | Yes           | 2                  | On Loan: No      |
| CONTINENTAL FINANCE CREDIT CARD ABS LLC                  | CONTINENTAL FINANCE CREDIT CARD ABS MASTER TRUST   | CUSIP: 66981PAQ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      1900000 | PA      | $1907163.38   | 0.05%             | 2032-12-15      | Fixed         | 5.78%                 | Yes           | 2                  | On Loan: No      |
| SEQUOIA MORTGAGE TRUST                                   | SEQUOIA MORTGAGE TRUST 2022 1                      | CUSIP: 81749CCK3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      2743712 | PA      | $1369079.64   | 0.04%             | 2052-02-25      | Variable      | 2.94%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36210ARN9<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        24494 | PA      | $24677.42     | 0.00%             | 2035-01-15      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| OLD HEAD RE                                              | OLD HEAD RE                                        | CUSIP: S00799505<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |       500000 | PA      | $427112.21    | 0.01%             | 2031-12-31      | None          | 0.00%                 | Yes           | 3                  | On Loan: No      |
| CLEVELAND-CLIFFS INC.                                    | CLEVELAND CLIFFS INC                               | CUSIP: 185899AP6<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |      3185000 | PA      | $3081654.08   | 0.08%             | 2032-03-15      | Fixed         | 7.00%                 | Yes           | 2                  | On Loan: No      |
| PROVIDENT FUNDING ASSOCIATES, L.P.                       | PROVIDENT FUNDING ASSOCIATES LP                    | CUSIP: 74387UAK7<br>LEI: 54930043BMDE130FJ617 | Long             | DBT              | CORP              | US        |      8110000 | PA      | $8325702.40   | 0.22%             | 2029-09-15      | Fixed         | 9.75%                 | Yes           | 2                  | On Loan: No      |
| ALTICE FRANCE SA                                         | ALTICE FRANCE SA                                   | CUSIP: X12495332<br>LEI: N/A                  | Long             | EC               | CORP              | LU        |        55163 | NS      | $938872.79    | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| Residential Reinsurance 2024 Limited                     | RESIDENTIAL REINSURANCE 2004 LTD                   | CUSIP: 76112AAE2<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |       750000 | PA      | $767700.00    | 0.02%             | 2028-12-06      | Variable      | 9.05%                 | Yes           | 2                  | On Loan: No      |
| Highwoods Realty Limited Partnership                     | HIGHWOODS REALTY LP                                | CUSIP: 431282AV4<br>LEI: JUJNVZX73BIYHLR58F51 | Long             | DBT              | CORP              | US        |      1535000 | PA      | $1498769.44   | 0.04%             | 2033-01-15      | Fixed         | 5.35%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140BF2U8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1874169 | PA      | $1938131.87   | 0.05%             | 2055-07-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31408BRF7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        33613 | PA      | $34473.98     | 0.00%             | 2035-12-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| STARWOOD PROPERTY TRUST, INC.                            | STARWOOD PROPERTY TRUST INC                        | CUSIP: 85571BBG9<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |      9575000 | PA      | $9455321.12   | 0.25%             | 2031-01-15      | Fixed         | 5.75%                 | Yes           | 2                  | On Loan: No      |
| Integrity Re III Ltd.                                    | INTEGRITY RE III LTD                               | CUSIP: 45870GAD8<br>LEI: 254900VWHVNG2WMBWC74 | Long             | DBT              | CORP              | BM        |       750000 | PA      | $769950.00    | 0.02%             | 2028-06-06      | Variable      | 12.01%                | Yes           | 2                  | On Loan: No      |
| CDS AMERICAN AIR 6 5                                     | CDS AMERICAN AIR 6 5                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |     -8215000 | OU      | $-53314.52    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 01F042640<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     29300000 | PA      | $28274666.13  | 0.76%             | 2056-04-25      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| UNITI SERVICES LLC                                       | UNITI GROUP LP UNITI GROUP FINANCE 2019 INC        | CUSIP: 91327TAC5<br>LEI: 549300KT9GVEBYCD2N29 | Long             | DBT              | CORP              | US        |      1925000 | PA      | $1960585.11   | 0.05%             | 2032-06-15      | Fixed         | 8.62%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31410KDK7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        42161 | PA      | $44227.73     | 0.00%             | 2038-04-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| AVIANCA MIDCO 2 PLC                                      | AVIANCA MIDCO 2 PLC                                | CUSIP: 05369YAA7<br>LEI: 213800AMPX5VKH9AMX10 | Long             | DBT              | CORP              | GB        |     11240000 | PA      | $10509400.00  | 0.28%             | 2030-02-14      | Fixed         | 9.62%                 | Yes           | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133W7W84<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       133715 | PA      | $139131.13    | 0.00%             | 2054-02-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| SEQUOIA MORTGAGE TRUST                                   | SEQUOIA MORTGAGE TRUST 2021 9                      | CUSIP: 81748CCG3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      1783000 | PA      | $877890.54    | 0.02%             | 2052-01-25      | Variable      | 2.85%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36230KQM6<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        11127 | PA      | $10683.31     | 0.00%             | 2041-03-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association 2               | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36179QGC9<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        55252 | PA      | $51943.56     | 0.00%             | 2044-06-20      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| AMERICA'S CAR-MART TRUST                                 | ACM AUTO TRUST 2024 2                              | CUSIP: 00461WAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      1190000 | PA      | $1201513.73   | 0.03%             | 2031-08-20      | Fixed         | 9.21%                 | Yes           | 2                  | On Loan: No      |
| BNP PARIBAS SA                                           | BNP PARIBAS SA                                     | CUSIP: 05602XQR2<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |      7330000 | PA      | $7082910.83   | 0.19%             | 2199-12-31      | Fixed         | 6.88%                 | Yes           | 2                  | On Loan: No      |
| Sanders Re III Ltd.                                      | SANDERS RE III LTD                                 | CUSIP: 799925AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |      1250000 | PA      | $1262500.00   | 0.03%             | 2029-06-05      | Variable      | 11.38%                | Yes           | 2                  | On Loan: No      |
| LIBERTY MUTUAL INSURANCE COMPANY                         | LIBERTY MUTUAL INSURANCE                           | CUSIP: 53079QAD9<br>LEI: CNC20I6IOMGF7KY49D67 | Long             | DBT              | CORP              | US        |     16165000 | PA      | $17708125.45  | 0.48%             | 2097-10-15      | Fixed         | 7.70%                 | Yes           | 2                  | On Loan: No      |
| ALLY BANK AUTO CREDIT-LINKED NOTES                       | ALLY BANK AUTO CREDIT LINKED NOTES SERIES 2024 A   | CUSIP: 02007GZ71<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       513444 | PA      | $520746.22    | 0.01%             | 2032-05-17      | Fixed         | 6.32%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3136B47J1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1618875 | PA      | $180921.12    | 0.00%             | 2049-07-25      | Floating      | 2.27%                 | No            | 2                  | On Loan: No      |
| FREMF MORTGAGE TRUST                                     | FREMF MORTGAGE TRUST                               | CUSIP: 30318WAL7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     10000000 | PA      | $35710.00     | 0.00%             | 2031-01-25      | Fixed         | 0.10%                 | Yes           | 2                  | On Loan: No      |
| Gobierno de la Republica Dominicana                      | DOMINICAN REPUBLIC INTERNATIONAL BOND              | CUSIP: 25714PFF0<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |     14660000 | PA      | $13920403.00  | 0.37%             | 2035-10-28      | Fixed         | 5.88%                 | Yes           | 2                  | On Loan: No      |
| United States of America                                 | UNITED STATES TREASURY BILL                        | CUSIP: 912797SM0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     80000000 | PA      | $79822549.60  | 2.15%             | 2026-04-23      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| PINE VALLEY RE LTD                                       | PINE VALLEY RE LTD                                 | CUSIP: S00805570<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |       750000 | PA      | $663052.50    | 0.02%             | 2031-12-31      | None          | 0.00%                 | Yes           | 3                  | On Loan: No      |
| KOREAN WON                                               | KOREAN WON                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | KR        | -27555000000 | OU      | $-31244.89    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| NMEF FUNDING LLC                                         | NMEF FUNDING 2024 A LLC                            | CUSIP: 62919UAD5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      5450000 | PA      | $5567994.68   | 0.15%             | 2031-12-15      | Fixed         | 6.33%                 | Yes           | 2                  | On Loan: No      |
| LSEG US FIN CORP.                                        | LSEG US FIN CORP                                   | CUSIP: 50222CAF7<br>LEI: 2138007FV67QQ13CGJ43 | Long             | DBT              | CORP              | US        |      2315000 | PA      | $2292266.12   | 0.06%             | 2036-03-23      | Fixed         | 5.25%                 | Yes           | 2                  | On Loan: No      |
| HTA Group, Ltd                                           | HTA GROUP LTD MAURITIUS                            | CUSIP: 40435WAD2<br>LEI: 213800WEFU8O8X6EPU13 | Long             | DBT              | CORP              | MU        |       625000 | PA      | $617619.78    | 0.02%             | 2031-04-01      | Fixed         | 6.75%                 | Yes           | 2                  | On Loan: No      |
| ORANGE SA                                                | ORANGE SA                                          | CUSIP: 685218AF6<br>LEI: 969500MCOONR8990S771 | Long             | DBT              | CORP              | FR        |      4645000 | PA      | $4562447.43   | 0.12%             | 2036-01-13      | Fixed         | 5.00%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 3620AMK27<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        60873 | PA      | $60601.06     | 0.00%             | 2040-09-15      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140NMLF2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       193594 | PA      | $199288.32    | 0.01%             | 2053-06-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36176QVF8<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |         7961 | PA      | $7617.08      | 0.00%             | 2041-09-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31371LFZ7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        13809 | PA      | $14266.49     | 0.00%             | 2033-12-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133KN3N1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      1231253 | PA      | $1226160.70   | 0.03%             | 2050-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140N0D28<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1248270 | PA      | $1258823.96   | 0.03%             | 2053-02-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36200K7J0<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        13987 | PA      | $14318.39     | 0.00%             | 2033-02-15      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| United States of America                                 | U S TREASURY NOTE                                  | CUSIP: 91282CPJ4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      4842400 | PA      | $4723609.88   | 0.13%             | 2035-11-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140U3D40<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        99863 | PA      | $106545.91    | 0.00%             | 2056-02-01      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3132DWH22<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     26256342 | PA      | $26456311.75  | 0.71%             | 2053-08-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140KLYE6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       186202 | PA      | $160655.10    | 0.00%             | 2050-09-01      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| FREMF MORTGAGE TRUST                                     | FREMF 2017 KW03 MORTGAGE TRUST                     | CUSIP: 30302YAN7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      2800000 | PA      | $2767161.60   | 0.07%             | 2027-07-25      | Variable      | 4.20%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36225BUJ5<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        16187 | PA      | $16646.51     | 0.00%             | 2032-08-15      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36176KZ91<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |          662 | PA      | $634.89       | 0.00%             | 2041-06-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36177NVN7<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |          880 | PA      | $838.71       | 0.00%             | 2042-02-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3128KH6Q4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |        12184 | PA      | $12671.38     | 0.00%             | 2036-12-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36177KPE0<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        22024 | PA      | $21046.24     | 0.00%             | 2042-02-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| ORACLE CORPORATION                                       | ORACLE CORP                                        | CUSIP: 68389XEB7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |      8115000 | PA      | $7531560.15   | 0.20%             | 2056-02-04      | Fixed         | 6.70%                 | No            | 2                  | On Loan: No      |
| BELLEMEADE RE LTD.                                       | BELLEMEADE RE LTD                                  | CUSIP: 078915AB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      4788381 | PA      | $4811847.99   | 0.13%             | 2034-08-25      | Floating      | 6.86%                 | Yes           | 2                  | On Loan: No      |
| FIRST QUANTUM MINERALS LTD.                              | FIRST QUANTUM MINERALS LTD                         | CUSIP: 335934AX3<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |      2440000 | PA      | $2484010.28   | 0.07%             | 2034-02-15      | Fixed         | 7.25%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36180STE4<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        47746 | PA      | $45848.78     | 0.00%             | 2041-11-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| MERCHANTS FLEET FUNDING LLC                              | MERCHANTS FLEET FUNDING LLC                        | CUSIP: 588926AK1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      3200000 | PA      | $3238451.84   | 0.09%             | 2037-04-20      | Fixed         | 9.35%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140XNNS9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     15115505 | PA      | $12963807.43  | 0.35%             | 2052-01-01      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36182XN72<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        85427 | PA      | $81658.15     | 0.00%             | 2044-09-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| EMERALD PLANTATION HOLDINGS                              | EMERALD PLANTATION HOLDINGS                        | CUSIP: G30337102<br>LEI: N/A                  | Long             | EC               | CORP              | HK        |       162828 | NS      | $0.00         | 0.00%             |  |  |  | No            | 3                  | On Loan: No      |
| VEROS AUTO RECEIVABLES TRUST                             | VEROS AUTO RECEIVABLES TRUST 2026 1                | CUSIP: 92511CAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      2651338 | PA      | $2650704.56   | 0.07%             | 2028-08-15      | Fixed         | 4.53%                 | Yes           | 2                  | On Loan: No      |
| Mayflower Re Ltd.                                        | MAYFLOWER RE LTD                                   | CUSIP: 57839MAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |      2750000 | PA      | $2781625.00   | 0.07%             | 2030-07-08      | Variable      | 9.98%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140NMLN5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        81628 | PA      | $83775.75     | 0.00%             | 2053-06-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| BASIN ELECTRIC POWER COOPERATIVE                         | BASIN ELECTRIC POWER COOPERATIVE                   | CUSIP: 070101AJ9<br>LEI: 5493002CLOJ5KYT5GB16 | Long             | DBT              | CORP              | US        |      4205000 | PA      | $4089881.19   | 0.11%             | 2055-10-15      | Fixed         | 5.85%                 | Yes           | 2                  | On Loan: No      |
| THE DAI-ICHI LIFE INSURANCE COMPANY, LIMITED.            | DAI ICHI LIFE INSURANCE CO LTD THE                 | CUSIP: 23381LAA2<br>LEI: 3538001235ACEIORUV72 | Long             | DBT              | CORP              | JP        |     11134000 | PA      | $11200258.43  | 0.30%             | 2199-12-31      | Fixed         | 6.20%                 | Yes           | 2                  | On Loan: No      |
| MANULIFE FINANCIAL CORPORATION                           | MANULIFE FINANCIAL CORP                            | CUSIP: 56501RAX4<br>LEI: 5493007GBX87QOZACS27 | Long             | DBT              | CORP              | CA        |      5065000 | PA      | $4948185.96   | 0.13%             | 2035-12-11      | Fixed         | 4.99%                 | No            | 2                  | On Loan: No      |
| AMERICAN ELECTRIC POWER COMPANY, INC.                    | AMERICAN ELECTRIC POWER CO INC                     | CUSIP: 02557TAF6<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |     11265000 | PA      | $11164457.62  | 0.30%             | 2056-03-15      | Fixed         | 6.05%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133W8GH0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |        99872 | PA      | $104009.81    | 0.00%             | 2054-03-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED          | AUSTRALIA NEW ZEALAND BANKING GROUP LTD            | CUSIP: 052528AR7<br>LEI: JHE42UYNWWTJB8YTTU19 | Long             | DBT              | CORP              | AU        |      9295000 | PA      | $9524336.19   | 0.26%             | 2034-09-18      | Fixed         | 5.73%                 | Yes           | 2                  | On Loan: No      |
| ORACLE CORPORATION                                       | ORACLE CORP                                        | CUSIP: 68389XDR3<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |      7246000 | PA      | $6095847.49   | 0.16%             | 2055-09-26      | Fixed         | 5.95%                 | No            | 2                  | On Loan: No      |
| GULLANE RE LTD                                           | GULLANE RE LTD                                     | CUSIP: S00798811<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |      3855780 | PA      | $3037095.31   | 0.08%             | 2031-12-31      | None          | 0.00%                 | Yes           | 3                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140NMRB5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       216679 | PA      | $221931.46    | 0.01%             | 2053-06-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133C06U1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       103912 | PA      | $104643.81    | 0.00%             | 2053-04-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36176MWE9<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |       413777 | PA      | $394857.42    | 0.01%             | 2041-06-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36176MYW7<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |       148531 | PA      | $146575.91    | 0.00%             | 2041-08-15      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| CELANESE US HOLDINGS LLC                                 | CELANESE US HOLDINGS LLC                           | CUSIP: 15089QBB9<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |      3235000 | PA      | $3664067.02   | 0.10%             | 2031-04-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36176MER0<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |         2374 | PA      | $2278.89      | 0.00%             | 2041-07-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 3620ASVB2<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |       144527 | PA      | $137982.74    | 0.00%             | 2041-09-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Teva Pharmaceutical Finance Netherlands II B.V.          | TEVA PHARMACEUTICAL FINANCE NETHERLANDS II BV      | CUSIP: BS1759429<br>LEI: 549300HSQCIKJAOYIT23 | Long             | DBT              | CORP              | NL        |     22674000 | PA      | $26194220.27  | 0.71%             | 2030-05-09      | Fixed         | 4.38%                 | No            | 2                  | On Loan: No      |
| BANQUE FEDERATIVE DU CREDIT MUTUEL SA                    | BANQUE FEDERATIVE DU CREDIT MUTUEL SA              | CUSIP: 06675DCU4<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |      5065000 | PA      | $4994937.07   | 0.13%             | 2031-01-15      | Fixed         | 4.54%                 | Yes           | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133C2NJ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       517898 | PA      | $527928.57    | 0.01%             | 2053-05-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36296VLW6<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        14562 | PA      | $15179.83     | 0.00%             | 2038-10-15      | Fixed         | 5.75%                 | No            | 2                  | On Loan: No      |
| United States of America                                 | U S TREASURY NOTE                                  | CUSIP: 91282CJX0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      8390500 | PA      | $8407543.20   | 0.23%             | 2031-01-31      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36178C6V0<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        14434 | PA      | $13831.78     | 0.00%             | 2042-06-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31387EXR3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |           52 | PA      | $54.12        | 0.00%             | 2031-06-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133BN5X7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       456377 | PA      | $474267.80    | 0.01%             | 2052-10-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Integrity Re III Ltd.                                    | INTEGRITY RE III LTD                               | CUSIP: 45870GAB2<br>LEI: 254900VWHVNG2WMBWC74 | Long             | DBT              | CORP              | BM        |       750000 | PA      | $765975.00    | 0.02%             | 2028-06-06      | Variable      | 11.19%                | Yes           | 2                  | On Loan: No      |
| Mayflower Re Ltd.                                        | MAYFLOWER RE LTD                                   | CUSIP: 57839MAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |       750000 | PA      | $769350.00    | 0.02%             | 2031-07-08      | Variable      | 8.40%                 | Yes           | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 3137AS5J9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      5984111 | PA      | $574408.21    | 0.02%             | 2042-07-15      | Floating      | 2.24%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140NBY21<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       191272 | PA      | $195423.92    | 0.01%             | 2053-04-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 38383CAC4<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |      1391255 | PA      | $257161.33    | 0.01%             | 2051-10-20      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133KYYT0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       114702 | PA      | $118582.68    | 0.00%             | 2043-01-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association 2               | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36202EB81<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        80836 | PA      | $80412.73     | 0.00%             | 2035-01-20      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3138A2VH9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |         1521 | PA      | $1508.82      | 0.00%             | 2030-12-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140MFKW2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       141709 | PA      | $123433.80    | 0.00%             | 2042-02-01      | Fixed         | 2.00%                 | No            | 2                  | On Loan: No      |
| Sanders Re II Ltd                                        | SANDERS RE II LTD                                  | CUSIP: 80001TAD9<br>LEI: 254900VRQU0N0MF3CT92 | Long             | DBT              | CORP              | BM        |       600000 | PA      | $629280.00    | 0.02%             | 2033-04-07      | Variable      | 8.37%                 | Yes           | 2                  | On Loan: No      |
| Abra Global Finance                                      | ABRA GLOBAL FINANCE                                | CUSIP: 000852AC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      5606725 | PA      | $5303120.84   | 0.14%             | 2029-10-22      | Fixed         | 14.00%                | Yes           | 2                  | On Loan: No      |
| MORGAN STANLEY                                           | MORGAN STANLEY                                     | CUSIP: 61762V861<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EP               | CORP              | US        |       371837 | NS      | $6384441.29   | 0.17%             |  |  |  | No            | 1                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 38385AKF8<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     10480654 | PA      | $1052973.53   | 0.03%             | 2051-10-20      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Foundation Re IV Ltd.                                    | FOUNDATION RE IV LTD                               | CUSIP: 349939AB4<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |       700000 | PA      | $703360.00    | 0.02%             | 2034-01-05      | Variable      | 7.04%                 | Yes           | 2                  | On Loan: No      |
| TOWD POINT MORTGAGE TRUST                                | TOWD POINT MORTGAGE TRUST 2021 R1                  | CUSIP: 89179TAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      8220415 | PA      | $7394952.44   | 0.20%             | 2060-11-30      | Variable      | 3.01%                 | Yes           | 2                  | On Loan: No      |
| United States of America                                 | U S TREASURY BOND                                  | CUSIP: 912810UQ9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    112826300 | PA      | $108824492.17 | 2.93%             | 2045-11-15      | Fixed         | 4.62%                 | No            | 2                  | On Loan: No      |
| FOUR LAKES RE LTD                                        | FOUR LAKES RE LTD                                  | CUSIP: 35087TAK4<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |      1250000 | PA      | $1238750.00   | 0.03%             | 2033-01-10      | Floating      | 9.55%                 | Yes           | 2                  | On Loan: No      |
| UNICREDIT, SOCIETA PER AZIONI                            | UNICREDIT SPA                                      | CUSIP: 904678AS8<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |     23889000 | PA      | $23845958.23  | 0.64%             | 2035-06-30      | Fixed         | 5.46%                 | Yes           | 2                  | On Loan: No      |
| QNITY ELECTRONICS, INC.                                  | QNITY ELECTRONICS INC                              | CUSIP: 74743LAA8<br>LEI: 254900RSUG4J9TFFZX53 | Long             | DBT              | CORP              | US        |      2605000 | PA      | $2608102.56   | 0.07%             | 2032-08-15      | Fixed         | 5.75%                 | Yes           | 2                  | On Loan: No      |
| J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST   | J P MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES T  | CUSIP: 46593JAG9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       550000 | PA      | $546228.49    | 0.01%             | 2039-10-05      | Variable      | 5.99%                 | Yes           | 2                  | On Loan: No      |
| United States of America                                 | TREASURY INFLATION INDEX                           | CUSIP: 91282CNS6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     33500000 | PA      | $33766697.40  | 0.91%             | 2035-07-15      | Fixed         | 1.88%                 | No            | 2                  | On Loan: No      |
| UBS COMMERCIAL MORTGAGE TRUST                            | UBS COMMERCIAL MORTGAGE TRUST 2018 C9              | CUSIP: 90291JAY3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     67584000 | PA      | $461524.38    | 0.01%             | 2051-03-15      | Variable      | 0.49%                 | No            | 2                  | On Loan: No      |
| VFI ABS LLC                                              | VFI ABS 2023 1 LLC                                 | CUSIP: 92555QAD0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      2540000 | PA      | $2572921.96   | 0.07%             | 2030-12-24      | Fixed         | 12.36%                | Yes           | 2                  | On Loan: No      |
| CONTINENTAL FINANCE CREDIT CARD ABS LLC                  | CONTINENTAL FINANCE CREDIT CARD ABS MASTER TRUST   | CUSIP: 66981PAL2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      3000000 | PA      | $3109900.80   | 0.08%             | 2030-10-15      | Fixed         | 12.42%                | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36290RUG6<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |         7758 | PA      | $7830.12      | 0.00%             | 2033-07-15      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| FREMF MORTGAGE TRUST                                     | FREMF 2018 K1507 MORTGAGE TRUST                    | CUSIP: 30297EAQ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      1875000 | PA      | $1655623.50   | 0.04%             | 2033-08-25      | Variable      | 4.44%                 | Yes           | 2                  | On Loan: No      |
| Teva Pharmaceutical Finance Netherlands III B.V.         | TEVA PHARMACEUTICAL FINANCE NETHERLANDS III BV     | CUSIP: 88167AAQ4<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |      1328000 | PA      | $1323716.67   | 0.04%             | 2029-05-09      | Fixed         | 5.12%                 | No            | 2                  | On Loan: No      |
| YPF Sociedad Anonima                                     | YPF SA                                             | CUSIP: 984245AQ3<br>LEI: 5493003N7447U18U5U53 | Long             | DBT              | CORP              | AR        |      4404000 | PA      | $4419671.81   | 0.12%             | 2027-07-21      | Fixed         | 6.95%                 | Yes           | 2                  | On Loan: No      |
| ACCESS BANK PLC                                          | ACCESS BANK PLC                                    | CUSIP: 00434G2B5<br>LEI: 029200328C3N9YI2D660 | Long             | DBT              | CORP              | NG        |      5180000 | PA      | $5154001.17   | 0.14%             | 2026-09-21      | Fixed         | 6.12%                 | Yes           | 2                  | On Loan: No      |
| REACH ABS TRUST                                          | REACH ABS TRUST 2026 1                             | CUSIP: 75526XAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      6615614 | PA      | $6616421.96   | 0.18%             | 2033-02-15      | Fixed         | 4.32%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36201BL38<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        16075 | PA      | $16272.18     | 0.00%             | 2032-09-15      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 3137FUPG3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      3581721 | PA      | $658021.28    | 0.02%             | 2050-06-25      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133CS6J5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       397498 | PA      | $414250.06    | 0.01%             | 2054-08-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133B9W67<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       160438 | PA      | $147888.58    | 0.00%             | 2052-04-01      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association 2               | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36202EC23<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        61412 | PA      | $60980.34     | 0.00%             | 2035-03-20      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association 2               | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 21H040640<br>LEI: N/A                  | Short            | ABS-MBS          | USGA              | US        |     -2000000 | PA      | $-1873152.40  | -0.05%            | 2056-04-20      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3132DNP56<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      1470253 | PA      | $1502062.96   | 0.04%             | 2049-07-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133CR2G7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       196620 | PA      | $201833.91    | 0.01%             | 2054-08-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Republic of Ukraine                                      | UKRAINE GOVERNMENT                                 | CUSIP: 903724CG5<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |       973761 | PA      | $451541.96    | 0.01%             | 2036-02-01      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| SANTANDER BANK, N.A.                                     | SANTANDER BANK AUTO CREDIT LINKED NOTES SERIES 202 | CUSIP: 80290CCN2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      1920653 | PA      | $1972536.49   | 0.05%             | 2032-06-15      | Fixed         | 10.17%                | Yes           | 2                  | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                 | LLOYDS BANKING GROUP PLC                           | CUSIP: 53944YBD4<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |      4030000 | PA      | $3973338.72   | 0.11%             | 2031-11-04      | Fixed         | 4.42%                 | No            | 2                  | On Loan: No      |
| BLUE OWL ASSET LEASING TRUST                             | BLUE OWL ASSET LEASING TRUST 2024 1 LLC            | CUSIP: 095921AE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      3180000 | PA      | $3226916.13   | 0.09%             | 2031-12-15      | Fixed         | 8.00%                 | Yes           | 2                  | On Loan: No      |
| J.P. MORGAN MORTGAGE TRUST                               | JP MORGAN MORTGAGE TRUST 2021 8                    | CUSIP: 46592TBS1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    105749193 | PA      | $637286.94    | 0.02%             | 2051-12-25      | Variable      | 0.11%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36182Q3H7<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |       279596 | PA      | $266324.76    | 0.01%             | 2044-08-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| THOPAS RE 2022                                           | THOPAS RE 2022                                     | CUSIP: S00393836<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |      3000000 | PA      | $15226.32     | 0.00%             | 2027-12-31      | None          | 0.00%                 | Yes           | 3                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36230TFJ6<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |         3467 | PA      | $3332.62      | 0.00%             | 2041-04-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| FRONTERA ENERGY CORPORATION                              | FRONTERA ENERGY CORP                               | CUSIP: 35905B107<br>LEI: A25574TZFLBNK7NWQT47 | Long             | EC               | CORP              | CA        |          275 | NS      | $2662.00      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| RMF BUYOUT ISSUANCE TRUST                                | RMF BUYOUT ISSUANCE TRUST 2022 HB1                 | CUSIP: 76970HAF5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      3750000 | PA      | $165000.00    | 0.00%             | 2032-04-25      | Variable      | 4.50%                 | Yes           | 3                  | On Loan: No      |
| CAPITAL ONE FINANCIAL CORPORATION                        | CAPITAL ONE FINANCIAL CO                           | CUSIP: 14040HCG8<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |      6950000 | PA      | $5991523.21   | 0.16%             | 2032-07-29      | Fixed         | 2.36%                 | No            | 2                  | On Loan: No      |
| ALTICE FRANCE SAS                                        | ALTICE FRANCE SA                                   | CUSIP: 02090DAC2<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |       362043 | PA      | $343347.82    | 0.01%             | 2031-10-15      | Fixed         | 6.50%                 | Yes           | 2                  | On Loan: No      |
| UNITED STATES DOLLARS                                    | UNITED STATES DOLLARS                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |     48810000 | OU      | $22859.24     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 3620AR2W0<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |       310185 | PA      | $298214.00    | 0.01%             | 2040-12-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| BOSTON PROPERTIES LIMITED PARTNERSHIP                    | BOSTON PROPERTIES LP                               | CUSIP: 10112RBM5<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              | CORP              | US        |      1220000 | PA      | $1107150.00   | 0.03%             | 2030-10-01      | Fixed         | 2.00%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36182LCS4<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |       133901 | PA      | $127445.84    | 0.00%             | 2044-04-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36201VAT9<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |         6166 | PA      | $6277.51      | 0.00%             | 2033-09-15      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36201L2D5<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |         1064 | PA      | $1073.70      | 0.00%             | 2033-03-15      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36241LYK6<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |         1998 | PA      | $1922.46      | 0.00%             | 2041-09-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| J.P. MORGAN MORTGAGE TRUST                               | JP MORGAN MORTGAGE TRUST                           | CUSIP: 46592PBJ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      1839037 | PA      | $1511723.78   | 0.04%             | 2051-10-25      | Variable      | 3.04%                 | Yes           | 2                  | On Loan: No      |
| 321 HENDERSON RECEIVABLES II LLC                         | 321 HENDERSON RECEIVABLES III LLC                  | CUSIP: 88576RAD1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       500000 | PA      | $512278.95    | 0.01%             | 2050-01-15      | Fixed         | 10.81%                | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association 2               | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 3620AR2D2<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |          603 | PA      | $617.11       | 0.00%             | 2037-10-20      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association 2               | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36179SNW3<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |      1554402 | PA      | $1487660.99   | 0.04%             | 2046-10-20      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| THE ADT SECURITY CORPORATION                             | ADT SECURITY CORP THE                              | CUSIP: 00109LAB9<br>LEI: 5493009JEEDYLVRA0J13 | Long             | DBT              | CORP              | US        |      7195000 | PA      | $6968425.85   | 0.19%             | 2033-10-15      | Fixed         | 5.88%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3136BDU63<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     11113364 | PA      | $1846652.17   | 0.05%             | 2050-11-25      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140NMLD7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        88534 | PA      | $91310.18     | 0.00%             | 2053-06-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| LIMAK CIMENTO SANAYI VE TICARET ANONIM SIRKETI           | LIMAK CIMENTO SANAYI                               | CUSIP: 53263AAA6<br>LEI: 789000EEUQIGHI88WH47 | Long             | DBT              | CORP              | TR        |      6520000 | PA      | $6416194.10   | 0.17%             | 2029-07-25      | Fixed         | 9.75%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 3617A4JQ2<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        37079 | PA      | $35271.19     | 0.00%             | 2045-09-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140XGEA3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1226276 | PA      | $1117861.20   | 0.03%             | 2047-03-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| ONEMAIN FINANCE CORP                                     | ONEMAIN FINANCE CORP                               | CUSIP: 682691AL4<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |      2885000 | PA      | $2821071.00   | 0.08%             | 2030-05-15      | Fixed         | 6.12%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3138EKZS7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        63724 | PA      | $64401.36     | 0.00%             | 2041-07-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31400U6E9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |         2634 | PA      | $2647.74      | 0.00%             | 2033-05-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| ALTURAS RE 2022 2 12 31 2027                             | ALTURAS RE 2022 2 12 31 2027                       | CUSIP: S00393837<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |      2318301 | PA      | $28978.76     | 0.00%             | 2027-12-31      | None          | 0.00%                 | Yes           | 3                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140UAR80<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       200000 | PA      | $201162.10    | 0.01%             | 2056-04-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Gateway Re Ltd.                                          | GATEWAY RE LTD                                     | CUSIP: 36779CAG1<br>LEI: 549300ZYFWQV9RCIN520 | Long             | DBT              | CORP              | BM        |       250000 | PA      | $254050.00    | 0.01%             | 2031-07-08      | Variable      | 9.42%                 | Yes           | 2                  | On Loan: No      |
| FREMF MORTGAGE TRUST                                     | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 30320UAS2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      5000000 | PA      | $3094891.00   | 0.08%             | 2054-09-25      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| SEMPRA                                                   | SEMPRA                                             | CUSIP: 816851BV0<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |     10760000 | PA      | $10711924.32  | 0.29%             | 2055-04-01      | Fixed         | 6.55%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 3620A2LX2<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |         2180 | PA      | $2086.22      | 0.00%             | 2039-04-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| UNICREDIT, SOCIETA PER AZIONI                            | UNICREDIT SPA                                      | CUSIP: 904678AQ2<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |      9395000 | PA      | $9886643.07   | 0.27%             | 2034-04-02      | Fixed         | 7.30%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association 2               | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36179UPB2<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        86374 | PA      | $84934.60     | 0.00%             | 2049-03-20      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Gateway Re II Ltd.                                       | GATEWAY RE II LTD                                  | CUSIP: 367927AA8<br>LEI: 5493000ENKV5WXNA8Z86 | Long             | DBT              | CORP              | BM        |       250000 | PA      | $251250.00    | 0.01%             | 2026-04-27      | Variable      | 12.96%                | Yes           | 2                  | On Loan: No      |
| CASCADE FUNDING MORTGAGE TRUST                           | CASCADE MH ASSET TRUST 2021 MH1                    | CUSIP: 14731QAE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      2150000 | PA      | $1807566.92   | 0.05%             | 2046-02-25      | Variable      | 4.57%                 | Yes           | 2                  | On Loan: No      |
| IMPERIAL FUND MORTGAGE TRUST                             | IMPERIAL FUND MORTGAGE TRUST 2021 NQM2             | CUSIP: 452761AF6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      4350000 | PA      | $3485373.99   | 0.09%             | 2056-09-25      | Variable      | 4.27%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 3620A93H2<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |       112332 | PA      | $110916.46    | 0.00%             | 2040-01-15      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| ALLY FINANCIAL INC.                                      | ALLY FINANCIAL INC                                 | CUSIP: 02005NBV1<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |      7750000 | PA      | $7772516.15   | 0.21%             | 2035-07-26      | Fixed         | 6.18%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 3137F5A74<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      1655366 | PA      | $270577.96    | 0.01%             | 2048-05-15      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| BINOM SECURITIZATION TRUST                               | BINOM SECURITIZATION TRUST 2022 RPL1               | CUSIP: 05552CAD6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      8062000 | PA      | $5908314.10   | 0.16%             | 2061-02-25      | Fixed         | 3.00%                 | Yes           | 2                  | On Loan: No      |
| ORACLE CORPORATION                                       | ORACLE CORP                                        | CUSIP: 68389X204<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EP               | CORP              | US        |       129200 | NS      | $5815292.00   | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 3620C33H3<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        46755 | PA      | $44638.17     | 0.00%             | 2040-11-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| PANGAEA RE 2025 3                                        | PANGAEA RE 2025 3                                  | CUSIP: S00733082<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |      2500000 | PA      | $3090192.37   | 0.08%             | 2031-07-01      | None          | 0.00%                 | Yes           | 3                  | On Loan: No      |
| TRICON AMERICAN HOMES TRUST                              | TRICON AMERICAN HOMES 2020 SFR2 TRUST              | CUSIP: 89613JAJ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      4250000 | PA      | $4065301.38   | 0.11%             | 2039-11-17      | Fixed         | 2.73%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140NGYH7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       172587 | PA      | $180225.84    | 0.00%             | 2053-04-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36198KGR6<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |       164378 | PA      | $160052.28    | 0.00%             | 2044-03-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| AMERICAN CREDIT ACCEPTANCE RECEIVABLES TRUST             | AMERICAN CREDIT ACCEPTANCE RECEIVABLES TRUST 2024  | CUSIP: 02490BAG3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      3260000 | PA      | $3310551.19   | 0.09%             | 2030-07-12      | Fixed         | 6.04%                 | Yes           | 2                  | On Loan: No      |
| ACCELERATED ASSETS LLC                                   | ACCELERATED ASSETS 2018 1 LLC                      | CUSIP: 00436MAB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       145107 | PA      | $143280.39    | 0.00%             | 2033-12-02      | Fixed         | 4.51%                 | Yes           | 2                  | On Loan: No      |
| HILCORP ENERGY I, L.P.                                   | HILCORP ENERGY I LP HILCORP FINANCE CO             | CUSIP: 431318BG8<br>LEI: 549300ITPIHLG0LHEC09 | Long             | DBT              | CORP              | US        |     23191000 | PA      | $23119444.17  | 0.62%             | 2035-02-15      | Fixed         | 7.25%                 | Yes           | 2                  | On Loan: No      |
| COREWEAVE, INC.                                          | COREWEAVE INC                                      | CUSIP: 21873SAC2<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |     12390000 | PA      | $11789319.17  | 0.32%             | 2031-02-01      | Fixed         | 9.00%                 | Yes           | 2                  | On Loan: No      |
| CITIGROUP INC.                                           | CITIGROUP INC                                      | CUSIP: 172967PR6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     15889000 | PA      | $15881843.59  | 0.43%             | 2199-12-31      | Fixed         | 6.75%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 3137FVJQ6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      1630260 | PA      | $212827.01    | 0.01%             | 2050-08-25      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| BHG SECURITIZATION TRUST                                 | BHG SECURITIZATION TRUST 2022 C                    | CUSIP: 08860DAE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      6410000 | PA      | $6789186.76   | 0.18%             | 2035-10-17      | Fixed         | 9.73%                 | Yes           | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133CSML2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      4531750 | PA      | $4627253.03   | 0.12%             | 2054-08-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36200D2Y8<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |         4419 | PA      | $4599.98      | 0.00%             | 2032-10-15      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31371LJP5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        10590 | PA      | $10929.45     | 0.00%             | 2034-01-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| HANWHA LIFE INSURANCE CO., LTD.                          | HANWHA LIFE INSURANCE CO LTD                       | CUSIP: 41135UAC9<br>LEI: 988400ZKCI3R9DQHR320 | Long             | DBT              | CORP              | KR        |      4763000 | PA      | $4869691.20   | 0.13%             | 2055-06-24      | Fixed         | 6.30%                 | Yes           | 2                  | On Loan: No      |
| 2001 CAT Re, Ltd                                         | 2001 CAT RE LTD                                    | CUSIP: 90215BAB3<br>LEI: 5493007NG10QO60NSO35 | Long             | DBT              | CORP              | BM        |       500000 | PA      | $508900.00    | 0.01%             | 2031-01-08      | Variable      | 16.77%                | Yes           | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133CTFU8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       490542 | PA      | $508549.02    | 0.01%             | 2054-09-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| STONEBRIAR ABF ISSUER LLC                                | STONEBRIAR ABF ISSUER LLC                          | CUSIP: 86177CAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      5425000 | PA      | $5607507.85   | 0.15%             | 2030-12-15      | Fixed         | 8.12%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association 2               | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36179QT68<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |       958044 | PA      | $946854.81    | 0.03%             | 2044-11-20      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Banque africaine de developpement                        | AFRICAN DEVELOPMENT BANK                           | CUSIP: 008281BK2<br>LEI: 549300LNCLMO3ITVCU07 | Long             | DBT              |  | CI        |     12945000 | PA      | $12607895.63  | 0.34%             | 2199-12-31      | Fixed         | 5.88%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140NQZZ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        23183 | PA      | $22439.49     | 0.00%             | 2054-08-01      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| UNITED STATES DOLLARS                                    | UNITED STATES DOLLARS                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |     16400000 | OU      | $422234.33    | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36176SQV5<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        10408 | PA      | $9873.18      | 0.00%             | 2041-12-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36290RP49<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        29031 | PA      | $29532.15     | 0.00%             | 2033-06-15      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Banco Santander, S.A.                                    | BANCO SANTANDER SA                                 | CUSIP: 05971KAL3<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |      8400000 | PA      | $7539804.80   | 0.20%             | 2032-11-22      | Fixed         | 3.23%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36200AZZ5<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |         8621 | PA      | $8677.16      | 0.00%             | 2035-06-15      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| MORGAN STANLEY                                           | MORGAN STANLEY                                     | CUSIP: 61747YFB6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |      1930000 | PA      | $1977113.91   | 0.05%             | 2038-01-19      | Fixed         | 5.95%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36211LE65<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |         4164 | PA      | $3982.75      | 0.00%             | 2041-11-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| ARCHROCK SERVICES, L.P.                                  | ARCHROCK SERVICES LP                               | CUSIP: 03958CAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      1535000 | PA      | $1519746.80   | 0.04%             | 2034-02-01      | Fixed         | 6.00%                 | Yes           | 2                  | On Loan: No      |
| FREMF MORTGAGE TRUST                                     | FREMF 2019 KS12 MORTGAGE TRUST                     | CUSIP: 30311XAC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      8352333 | PA      | $8224300.22   | 0.22%             | 2029-08-25      | Floating      | 5.47%                 | Yes           | 2                  | On Loan: No      |
| THOPAS RE 2025                                           | THOPAS RE 2025                                     | CUSIP: S00687660<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |      3000000 | PA      | $152317.84    | 0.00%             | 2030-12-31      | None          | 0.00%                 | Yes           | 3                  | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                            | FORD MOTOR CREDIT CO LLC                           | CUSIP: 345397G31<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |     10520000 | PA      | $10566399.09  | 0.28%             | 2031-11-05      | Fixed         | 6.05%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140A3B77<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       303130 | PA      | $310618.67    | 0.01%             | 2054-03-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| UNITED STATES DOLLARS                                    | UNITED STATES DOLLARS                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |     43300000 | OU      | $-112933.24   | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Freddie Mac                                              | FREDDIE MAC MULTIFAMILY STRUCTURED CREDIT RISK     | CUSIP: 35563FAC5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      1455000 | PA      | $1597947.20   | 0.04%             | 2051-01-25      | Floating      | 11.41%                | Yes           | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 3137H1RQ1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      2550462 | PA      | $281817.34    | 0.01%             | 2051-08-25      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36176UTU9<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |       672983 | PA      | $644650.74    | 0.02%             | 2042-05-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| United States of America                                 | U S TREASURY NOTE                                  | CUSIP: 91282CGH8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     19863200 | PA      | $19749917.79  | 0.53%             | 2028-01-31      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31419AVT1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1026421 | PA      | $992041.21    | 0.03%             | 2040-12-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31401XH83<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |         6586 | PA      | $6636.43      | 0.00%             | 2033-07-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133W7SQ9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       208464 | PA      | $213499.84    | 0.01%             | 2054-03-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140QRCL5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1291288 | PA      | $1344410.80   | 0.04%             | 2053-01-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3132DSC67<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       186771 | PA      | $188744.80    | 0.01%             | 2044-03-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| VELOCITY COMMERCIAL CAPITAL LOAN TRUST                   | VELOCITY COMMERCIAL CAPITAL LOAN TRUST 2024 6      | CUSIP: 92261BAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      4674235 | PA      | $4680773.31   | 0.13%             | 2054-12-25      | Variable      | 5.81%                 | Yes           | 2                  | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                            | FORD MOTOR CREDIT CO LLC                           | CUSIP: 345397G98<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |      3490000 | PA      | $3581362.65   | 0.10%             | 2032-03-19      | Fixed         | 6.53%                 | No            | 2                  | On Loan: No      |
| PENNYMAC FINANCIAL SERVICES, INC.                        | PENNYMAC FINANCIAL SERVICES INC                    | CUSIP: 70932MAH0<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |      4460000 | PA      | $4173839.40   | 0.11%             | 2034-02-15      | Fixed         | 6.75%                 | Yes           | 2                  | On Loan: No      |
| AMUR EQUIPMENT FINANCE RECEIVABLES LLC                   | AMUR EQUIPMENT FINANCE RECEIVABLES XII LLC         | CUSIP: 03236YAE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      5250000 | PA      | $5415550.35   | 0.15%             | 2030-07-22      | Fixed         | 7.48%                 | Yes           | 2                  | On Loan: No      |
| PEAR LLC                                                 | PEAR 2021 1 LLC                                    | CUSIP: 70472TAC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      6400000 | PA      | $5999488.00   | 0.16%             | 2034-01-15      | None          | 0.00%                 | Yes           | 3                  | On Loan: No      |
| Residential Reinsurance 2022 Limited                     | RESIDENTIAL REINSURANCE 2022 LTD                   | CUSIP: 76119YAG8<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |      1500000 | PA      | $1526850.00   | 0.04%             | 2029-12-06      | Variable      | 11.01%                | Yes           | 2                  | On Loan: No      |
| LA HIPOTECARIA EL SALVADORIAN MORTGAGE TRUST             | LA HIPOTECARIA EL SALVADORIAN MORTGAGE TRUST 2016  | CUSIP: 50346VAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       759586 | PA      | $710212.64    | 0.02%             | 2046-01-15      | Fixed         | 3.36%                 | Yes           | 2                  | On Loan: No      |
| PT BAKRIE BROTHERS TBK                                   | PT BAKRIE BROTHERS TBK                             | CUSIP: BNR3QPDS5<br>LEI: N/A                  | Long             | DBT              | CORP              | ID        |  15039758000 | PA      | $0.09         | 0.00%             | 2026-06-30      | None          | 0.00%                 | No            | 3                  | On Loan: No      |
| METHANEX US OPERATIONS INC.                              | METHANEX US OPERATIONS INC                         | CUSIP: 59151LAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     12507000 | PA      | $12795486.46  | 0.34%             | 2032-03-15      | Fixed         | 6.25%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31389JZV9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |          488 | PA      | $504.04       | 0.00%             | 2032-03-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association 2               | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 3617AVXD5<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |       705113 | PA      | $664457.58    | 0.02%             | 2048-02-20      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| CARLYLE US CLO LTD                                       | CARLYLE US CLO 2019 4 LTD                          | CUSIP: 14317VAY6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      3000000 | PA      | $2929722.00   | 0.08%             | 2035-04-15      | Floating      | 6.87%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36182UWX1<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        50709 | PA      | $48462.61     | 0.00%             | 2044-09-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133C05Q1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       153167 | PA      | $160222.62    | 0.00%             | 2053-04-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| International Bank for Reconstruction and Development    | INTERNATIONAL BANK FOR RECONSTRUCTION DEVELOPMENT  | CUSIP: N/A<br>LEI: ZTMSNXROF84AHWJNKQ93       | Long             | DBT              |  | US        |       250000 | PA      | $261575.00    | 0.01%             | 2028-07-24      | Floating      | 17.60%                | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140XNN83<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      6161397 | PA      | $6226676.41   | 0.17%             | 2044-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| VENTURE GLOBAL LNG, INC.                                 | VENTURE GLOBAL LNG INC                             | CUSIP: 92332YAC5<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |      1540000 | PA      | $1665193.38   | 0.04%             | 2029-02-01      | Fixed         | 9.50%                 | Yes           | 2                  | On Loan: No      |
| Sanders Re II Ltd                                        | SANDERS RE II LTD                                  | CUSIP: 80001TAC1<br>LEI: 254900VRQU0N0MF3CT92 | Long             | DBT              | CORP              | BM        |       600000 | PA      | $614400.00    | 0.02%             | 2028-04-07      | Variable      | 8.12%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140ACJU8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        76582 | PA      | $80588.10     | 0.00%             | 2054-05-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| La Hipotecaria Mortgage Trust                            | LA HIPOTECARIA MORTGAGE TRUST 2019 2               | CUSIP: 50346XAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | PA        |      1474878 | PA      | $1408508.49   | 0.04%             | 2046-09-29      | Variable      | 4.75%                 | Yes           | 3                  | On Loan: No      |
| Republique de Cote d'Ivoire                              | IVORY COAST GOVERNMENT INTERNATIONA                | CUSIP: ZQ0630702<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |      6670000 | PA      | $7527935.49   | 0.20%             | 2031-10-17      | Fixed         | 5.88%                 | Yes           | 2                  | On Loan: No      |
| COMMERCIAL METALS COMPANY                                | COMMERCIAL METALS CO                               | CUSIP: 201723AV5<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | DBT              | CORP              | US        |      5425000 | PA      | $5348211.84   | 0.14%             | 2035-12-15      | Fixed         | 6.00%                 | Yes           | 2                  | On Loan: No      |
| CRUISE YACHT UPPER HOLDCO LTD                            | CRUISE YACHT UPPER HOLDCO LTD                      | CUSIP: YX8036726<br>LEI: N/A                  | Long             | DBT              | CORP              | MT        |      2000000 | PA      | $1777238.34   | 0.05%             | 2028-07-05      | Fixed         | 11.88%                | No            | 2                  | On Loan: No      |
| Republic of Ukraine                                      | UKRAINE GOVERNMENT                                 | CUSIP: 903724CF7<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |      1168514 | PA      | $541375.41    | 0.01%             | 2035-02-01      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 01F012445<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2000000 | PA      | $1797606.60   | 0.05%             | 2041-04-25      | Fixed         | 1.50%                 | No            | 2                  | On Loan: No      |
| CAPITAL ONE FINANCIAL CORPORATION                        | CAPITAL ONE FINANCIAL CO                           | CUSIP: 14040H758<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EP               | CORP              | US        |        34711 | NS      | $558499.99    | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| NOVELIS CORPORATION                                      | NOVELIS CORP                                       | CUSIP: 670001AN6<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |      7050000 | PA      | $6915293.54   | 0.19%             | 2033-08-15      | Fixed         | 6.38%                 | Yes           | 2                  | On Loan: No      |
| TRICIDA INC                                              | TRICIDA INC                                        | CUSIP: 896LIQAM6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      7025000 | PA      | $0.07         | 0.00%             | 2027-05-15      | Fixed         | 0.00%                 | No            | 3                  | On Loan: No      |
| Windrose Re Ltd.                                         | WINDROSE RE LTD                                    | CUSIP: 972917AB4<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |       750000 | PA      | $751950.00    | 0.02%             | 2033-02-11      | Variable      | 11.66%                | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36296VJ66<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |       110139 | PA      | $114019.20    | 0.00%             | 2038-10-15      | Fixed         | 5.75%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36296QKJ7<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |       198410 | PA      | $196850.57    | 0.01%             | 2040-06-15      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140YWP80<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       414284 | PA      | $423653.52    | 0.01%             | 2054-02-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| CSAIL COMMERCIAL MORTGAGE TRUST                          | CSAIL 2015 C1 COMMERCIAL MORTGAGE TRUST            | CUSIP: 126281BF0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      4083017 | PA      | $3801288.83   | 0.10%             | 2050-04-15      | Variable      | 3.89%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36180HHP6<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |         1240 | PA      | $1181.54      | 0.00%             | 2043-05-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Sanders Re III Ltd.                                      | SANDERS RE III LTD                                 | CUSIP: 80000YAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |       750000 | PA      | $771300.00    | 0.02%             | 2030-04-08      | Variable      | 9.42%                 | Yes           | 2                  | On Loan: No      |
| PRMI SECURITIZATION TRUST                                | PRMI SECURITIZATION TRUST 2021 1                   | CUSIP: 69359DBX0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      3309698 | PA      | $2643066.06   | 0.07%             | 2051-04-25      | Variable      | 2.48%                 | Yes           | 2                  | On Loan: No      |
| CREDIT AGRICOLE SA                                       | CREDIT AGRICOLE SA                                 | CUSIP: 22535WAU1<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |     12710000 | PA      | $12433667.19  | 0.33%             | 2037-01-12      | Fixed         | 5.26%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36183PA64<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        62804 | PA      | $59782.66     | 0.00%             | 2045-04-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31418CDA9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        37200 | PA      | $33990.37     | 0.00%             | 2046-10-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| CNO FINANCIAL GROUP, INC.                                | CNO FINANCIAL GROUP INC                            | CUSIP: 12621EAM5<br>LEI: 11XPYHB76MPM4Y4P2897 | Long             | DBT              | CORP              | US        |     10720000 | PA      | $11061611.02  | 0.30%             | 2034-06-15      | Fixed         | 6.45%                 | No            | 2                  | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST                      | MULTIFAMILY CONNECTICUT AVENUE SECURITIES TRUST 20 | CUSIP: 62547NAB5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      8496002 | PA      | $8620316.28   | 0.23%             | 2049-10-25      | Floating      | 7.03%                 | Yes           | 2                  | On Loan: No      |
| WALTON HEATH RE 2022                                     | WALTON HEATH RE 2022                               | CUSIP: S00446763<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |      2000000 | PA      | $115006.88    | 0.00%             | 2027-12-15      | None          | 0.00%                 | Yes           | 3                  | On Loan: No      |
| ARBOR REALTY COMMERCIAL REAL ESTATE NOTES LTD            | ARBOR REALTY COLLATERALIZED LOAN OBLIGATION LTD    | CUSIP: 03881UAJ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      2510000 | PA      | $2524566.79   | 0.07%             | 2041-01-18      | Floating      | 6.86%                 | Yes           | 2                  | On Loan: No      |
| VISTRA OPERATIONS COMPANY LLC                            | VISTRA OPERATIONS CO LLC                           | CUSIP: 92840VAV4<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |     10970000 | PA      | $10752681.01  | 0.29%             | 2030-10-15      | Fixed         | 4.60%                 | Yes           | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 31426TWF0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      2475629 | PA      | $2560118.01   | 0.07%             | 2055-07-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Spire Inc.                                               | SPIRE INC                                          | CUSIP: 84857LAE1<br>LEI: 549300NXSY15DRY2R511 | Long             | DBT              | CORP              | US        |      2220000 | PA      | $2214220.23   | 0.06%             | 2056-06-01      | Fixed         | 6.45%                 | No            | 2                  | On Loan: No      |
| United States of America                                 | US 10YR ULTRA FUT JUN26                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |         2199 | NC      | $-4945932.68  | -0.13%            |  |  |  | No            | 1                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31371GRT9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |           43 | PA      | $45.51        | 0.00%             | 2028-05-01      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31418EAB6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      8416917 | PA      | $7315403.16   | 0.20%             | 2041-12-01      | Fixed         | 2.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133A6DW8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       156170 | PA      | $149180.93    | 0.00%             | 2050-06-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| FREMF MORTGAGE TRUST                                     | FREMF MORTGAGE TRUST                               | CUSIP: 30318WAJ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    123057947 | PA      | $447451.00    | 0.01%             | 2031-01-25      | Fixed         | 0.10%                 | Yes           | 2                  | On Loan: No      |
| CLEVELAND-CLIFFS INC.                                    | CLEVELAND CLIFFS INC                               | CUSIP: 18589GAA3<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |      2400000 | PA      | $2344722.34   | 0.06%             | 2034-01-15      | Fixed         | 7.62%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36176RH47<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |         4941 | PA      | $4746.55      | 0.00%             | 2041-09-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31415BE54<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        12264 | PA      | $12636.21     | 0.00%             | 2038-07-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140N6WZ1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       400623 | PA      | $403316.42    | 0.01%             | 2052-11-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| ALTICE FRANCE SAS                                        | ALTICE FRANCE SA                                   | CUSIP: 02090DAD0<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |      1398629 | PA      | $1325178.59   | 0.04%             | 2032-04-15      | Fixed         | 6.50%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36202UAJ2<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        23645 | PA      | $24589.15     | 0.00%             | 2033-05-15      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| TRICOLOR AUTO SECURITIZATION TRUST                       | TRICOLOR AUTO SECURITIZATION TRUST 2024 2          | CUSIP: 89616PAD5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      7690000 | PA      | $1993248.00   | 0.05%             | 2028-08-15      | Fixed         | 7.61%                 | Yes           | 2                  | On Loan: No      |
| BRIDGE STREET RE LTD                                     | BRIDGE STREET RE LTD                               | CUSIP: 10807LAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |       800000 | PA      | $804320.00    | 0.02%             | 2032-01-07      | Floating      | 11.29%                | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association 2               | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 3617GSGY9<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |       906767 | PA      | $854479.23    | 0.02%             | 2048-04-20      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31389GRE2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |          118 | PA      | $121.91       | 0.00%             | 2032-02-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| TURKISH LIRA                                             | TURKISH LIRA                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | TR        |   -337500000 | OU      | $149277.11    | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Element Fleet Management Corp.                           | ELEMENT FLEET MANAGEMENT CORP                      | CUSIP: 286181AR3<br>LEI: 5493000PGBS1C22ELQ16 | Long             | DBT              | CORP              | CA        |      6400000 | PA      | $6309766.53   | 0.17%             | 2030-11-24      | Fixed         | 4.64%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 01F060642<br>LEI: B1V7KEBTPIMZEU4LTD58 | Short            | ABS-MBS          | USGSE             | US        |    -41100000 | PA      | $-41894380.80 | -1.13%            | 2056-04-25      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| THE PNC FINANCIAL SERVICES GROUP, INC.                   | PNC FINANCIAL SERVICES GROUP INC THE               | CUSIP: 693475CF0<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |      2785000 | PA      | $2728321.21   | 0.07%             | 2041-01-25      | Fixed         | 5.42%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36181BUN8<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        49535 | PA      | $47559.09     | 0.00%             | 2043-09-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| THE HERTZ CORPORATION                                    | HERTZ CORP THE                                     | CUSIP: 42804VBB6<br>LEI: 549300PD0C69OJ0NLB27 | Long             | LON              | CORP              | US        |      7277108 | PA      | $5312288.99   | 0.14%             | 2028-06-30      | Floating      | 7.28%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36183LAA4<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |         3716 | PA      | $3537.21      | 0.00%             | 2044-11-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31371HE53<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |           33 | PA      | $34.23        | 0.00%             | 2029-02-01      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31407HVK9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        16300 | PA      | $16776.08     | 0.00%             | 2036-03-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36182XT43<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        17500 | PA      | $16666.94     | 0.00%             | 2044-10-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| United States of America                                 | U S TREASURY BOND                                  | CUSIP: 912810UT3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     33000000 | PA      | $31814062.50  | 0.86%             | 2046-02-15      | Fixed         | 4.62%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140N7UC2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       323079 | PA      | $320715.55    | 0.01%             | 2053-02-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                            | FORD MOTOR CREDIT CO LLC                           | CUSIP: 345397G56<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |     18130000 | PA      | $18292799.42  | 0.49%             | 2035-02-07      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3128M5VP2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |        28031 | PA      | $29436.86     | 0.00%             | 2037-12-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140XNN34<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      5821072 | PA      | $5621605.29   | 0.15%             | 2044-04-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Locke Tavern Re Ltd.                                     | LOCKE TAVERN RE LTD                                | CUSIP: 539694AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |      1000000 | PA      | $1000000.00   | 0.03%             | 2026-04-09      | Variable      | 8.76%                 | Yes           | 2                  | On Loan: No      |
| LIVE NATION ENTERTAINMENT, INC.                          | LIVE NATION ENTERTAINMEN                           | CUSIP: 538034BD0<br>LEI: 5493007B9BM9ZXJINO78 | Long             | DBT              | CORP              | US        |      5800000 | PA      | $5885947.07   | 0.16%             | 2031-10-15      | Fixed         | 2.88%                 | Yes           | 2                  | On Loan: No      |
| PHOENIX 3 RE PTE. LTD.                                   | PHOENIX 3 RE PTE LTD                               | CUSIP: N/A<br>LEI: 254900KZ3HFPS3H5FZ50       | Long             | DBT              | CORP              | SG        |      1000000 | PA      | $1219400.00   | 0.03%             | 2039-01-04      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 38382BHB2<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |      8359917 | PA      | $1351635.56   | 0.04%             | 2049-12-20      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| BLACKBIRD CAPITAL AIRCRAFT LEASE SECURITIZATION LIMITED  | BLACKBIRD CAPITAL II AIRCRAFT LEASE LTD            | CUSIP: 09229CAB5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      2759979 | PA      | $2633638.41   | 0.07%             | 2046-07-15      | Fixed         | 3.45%                 | Yes           | 2                  | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST                      | CONNECTICUT AVENUE SECURITIES TRUST 2024 R03       | CUSIP: 207941AB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      3280000 | PA      | $3285116.80   | 0.09%             | 2044-03-25      | Floating      | 5.61%                 | Yes           | 2                  | On Loan: No      |
| Bonanza Re Ltd                                           | BONANZA RE LTD                                     | CUSIP: 09785EAP6<br>LEI: 5493003F0CXUQ2C83105 | Long             | DBT              | CORP              | BM        |       250000 | PA      | $252875.00    | 0.01%             | 2027-12-19      | Variable      | 7.52%                 | Yes           | 2                  | On Loan: No      |
| Eversource Energy                                        | EVERSOURCE ENERGY                                  | CUSIP: 30040WBC1<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |      2290000 | PA      | $2261692.00   | 0.06%             | 2056-08-15      | Fixed         | 6.10%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36200WYE5<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |         1124 | PA      | $1139.15      | 0.00%             | 2032-06-15      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133CXSU5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |        92354 | PA      | $93893.48     | 0.00%             | 2054-10-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 38381YRH9<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     12720074 | PA      | $115626.75    | 0.00%             | 2049-09-20      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| EGYPT TREASURY BILLS                                     | EGYPT TREASURY BILLS                               | CUSIP: DC4221735<br>LEI: N/A                  | Long             | DBT              | CORP              | EG        |    455450000 | PA      | $7054985.40   | 0.19%             | 2026-12-22      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| VISTRA OPERATIONS COMPANY LLC                            | VISTRA OPERATIONS CO LLC                           | CUSIP: 92840VAY8<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |      1225000 | PA      | $1205276.77   | 0.03%             | 2031-01-31      | Fixed         | 4.70%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140FRQB4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       204127 | PA      | $201256.37    | 0.01%             | 2047-01-01      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3132WMM50<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       425967 | PA      | $408352.17    | 0.01%             | 2047-04-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| FITNESS INTERNATIONAL LLC                                | FITNESS INTERNATIONAL LLC                          | CUSIP: 33818XAM2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      2664344 | PA      | $2678915.11   | 0.07%             | 2029-02-12      | Floating      | 8.17%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36225BEG9<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |          117 | PA      | $119.40       | 0.00%             | 2029-05-15      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| UNITED STATES DOLLARS                                    | UNITED STATES DOLLARS                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |     41300000 | OU      | $19023.95     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140QMLV4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      4466417 | PA      | $3682571.11   | 0.10%             | 2051-11-01      | Fixed         | 2.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36183C3Q7<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |         5227 | PA      | $5005.00      | 0.00%             | 2044-11-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association 2               | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36202EBT5<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |       105119 | PA      | $104220.82    | 0.00%             | 2034-12-20      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| BPCE SA                                                  | BPCE SA                                            | CUSIP: 05578QAF0<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |      6150000 | PA      | $5433322.36   | 0.15%             | 2032-10-19      | Fixed         | 3.12%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140M9AZ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       450592 | PA      | $464908.10    | 0.01%             | 2053-02-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| United States of America                                 | U S TREASURY NOTE                                  | CUSIP: 91282CMZ1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     15000000 | PA      | $14983593.75  | 0.40%             | 2030-04-30      | Fixed         | 3.88%                 | No            | 2                  | On Loan: No      |
| JPMORGAN CHASE & CO.                                     | JPMORGAN CHASE CO                                  | CUSIP: 48128B523<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EP               | CORP              | US        |       309879 | NS      | $5422882.50   | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| Herbie Re Ltd.                                           | HERBIE RE LTD                                      | CUSIP: 42703VAJ2<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |       500000 | PA      | $504800.00    | 0.01%             | 2033-01-07      | Variable      | 11.73%                | Yes           | 2                  | On Loan: No      |
| THOPAS RE 2024                                           | THOPAS RE 2024                                     | CUSIP: S00596492<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |      3192294 | PA      | $14788.14     | 0.00%             | 2029-12-31      | None          | 0.00%                 | Yes           | 3                  | On Loan: No      |
| United States of America                                 | U S TREASURY NOTE                                  | CUSIP: 91282CGQ8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     45000000 | PA      | $45170507.70  | 1.22%             | 2030-02-28      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association 2               | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 3622A25J7<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |      1211459 | PA      | $1187405.88   | 0.03%             | 2044-09-20      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Estados Unidos Mexicanos                                 | MEXICO GOVERNMENT INTERNATIONAL BOND               | CUSIP: N/A<br>LEI: 254900EGTWEU67VP6075       | Long             | DBT              | NUSS              | MX        |     14650000 | PA      | $16477607.66  | 0.44%             | 2034-03-19      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36184QL28<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        34476 | PA      | $32888.28     | 0.00%             | 2045-05-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 3620AQ6X6<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        44916 | PA      | $43209.89     | 0.00%             | 2040-04-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| TURKISH LIRA                                             | TURKISH LIRA                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | TR        |  -1135850000 | OU      | $-920237.51   | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| ABBOTT LABORATORIES                                      | ABBOTT LABORATORIES                                | CUSIP: 002824BT6<br>LEI: HQD377W2YR662HK5JX27 | Long             | DBT              | CORP              | US        |      8480000 | PA      | $8299005.34   | 0.22%             | 2033-03-15      | Fixed         | 4.30%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140N7T91<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       163896 | PA      | $163383.33    | 0.00%             | 2053-02-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133KNKL6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |        23756 | PA      | $21955.93     | 0.00%             | 2052-01-01      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36178GJ70<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |       742412 | PA      | $711884.80    | 0.02%             | 2044-03-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 31288GSX1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |         7932 | PA      | $8094.53      | 0.00%             | 2033-03-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Republica de Colombia                                    | COLOMBIA GOVERNMENT INTERNATIONAL BOND             | CUSIP: 195325EU5<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |      1795000 | PA      | $1763587.50   | 0.05%             | 2031-01-21      | Fixed         | 6.12%                 | No            | 2                  | On Loan: No      |
| AMUR EQUIPMENT FINANCE RECEIVABLES LLC                   | AMUR EQUIPMENT FINANCE RECEIVABLES X LLC           | CUSIP: 03236VAF8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      2350000 | PA      | $2350481.52   | 0.06%             | 2028-12-20      | Fixed         | 5.02%                 | Yes           | 2                  | On Loan: No      |
| SEMPRA                                                   | SEMPRA                                             | CUSIP: 816851BW8<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |      2705000 | PA      | $2717180.62   | 0.07%             | 2056-04-01      | Fixed         | 6.38%                 | No            | 2                  | On Loan: No      |
| READY CAPITAL MORTGAGE TRUST                             | READYCAP COMMERCIAL MORTGAGE TRUST 2019 6          | CUSIP: 75575QAJ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      2443000 | PA      | $2232569.51   | 0.06%             | 2052-10-25      | Variable      | 4.13%                 | Yes           | 2                  | On Loan: No      |
| JAPANESE YEN                                             | JAPANESE YEN                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | JP        |  -5050000000 | OU      | $-12502.99    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36176XCU1<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |         1433 | PA      | $1377.01      | 0.00%             | 2042-02-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3136A4WQ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1152328 | PA      | $91629.11     | 0.00%             | 2041-08-25      | Floating      | 2.77%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 3137FV4S8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      1692465 | PA      | $327756.43    | 0.01%             | 2050-05-25      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association 2               | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 21H032647<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |      4000000 | PA      | $3668221.32   | 0.10%             | 2056-04-20      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| FIGRE TRUST                                              | FIGRE TRUST 2025 HE8                               | CUSIP: 30191WAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      5953704 | PA      | $5916387.22   | 0.16%             | 2055-11-25      | Variable      | 5.21%                 | Yes           | 2                  | On Loan: No      |
| Merna Re Enterprise Ltd.                                 | MERNA REINSURANCE II LTD                           | CUSIP: 59013HAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |       500000 | PA      | $514350.00    | 0.01%             | 2033-07-07      | Variable      | 11.34%                | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36182BA66<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |       145117 | PA      | $137703.37    | 0.00%             | 2045-01-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36201U5M2<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        14636 | PA      | $14798.30     | 0.00%             | 2033-07-15      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| PROVIDENT FUNDING MORTGAGE LOAN TRUST                    | PROVIDENT FUNDING MORTGAGE TRUST 2021 1            | CUSIP: 74387YAL7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      2582733 | PA      | $2151892.16   | 0.06%             | 2051-04-25      | Variable      | 2.38%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36201TQW0<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        15346 | PA      | $15555.81     | 0.00%             | 2033-05-15      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| GS MORTGAGE-BACKED SECURITIES TRUST                      | GS MORTGAGE BACKED SECURITIES CORP TRUST 2019 PJ3  | CUSIP: 36257QAU0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      1490000 | PA      | $1090030.36   | 0.03%             | 2050-03-25      | Variable      | 3.96%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36180BJR3<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        87315 | PA      | $83885.53     | 0.00%             | 2043-05-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| AMUR EQUIPMENT FINANCE RECEIVABLES LLC                   | AMUR EQUIPMENT FINANCE RECEIVABLES XIII LLC        | CUSIP: 03237CAE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      4910000 | PA      | $5029263.90   | 0.14%             | 2031-04-21      | Fixed         | 6.57%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 3620AS2P3<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |         2811 | PA      | $2702.19      | 0.00%             | 2041-10-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3136B5SU0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1281654 | PA      | $169346.87    | 0.00%             | 2049-08-25      | Floating      | 2.27%                 | No            | 2                  | On Loan: No      |
| BANK OF AMERICA                                          | BANK OF AMERICA                                    | CUSIP: N/A<br>LEI: 9DJT3UXIJIZJI4WXO774       | Long             | RA               | CORP              | US        |     48280000 | PA      | $48280000.00  | 1.30%             |  |  |  | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36210B3H6<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |         1190 | PA      | $1145.88      | 0.00%             | 2039-03-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3132XUZP3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |        90478 | PA      | $82376.30     | 0.00%             | 2047-11-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| TURKISH LIRA                                             | TURKISH LIRA                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | TR        |        82021 | NS      | $1845.65      | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 38382CAZ4<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     10562566 | PA      | $158630.73    | 0.00%             | 2050-01-20      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| LIBRA SOLUTIONS LLC                                      | OASIS SECURITISATION                               | CUSIP: 53161XAB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      2010000 | PA      | $2008213.91   | 0.05%             | 2038-09-30      | Fixed         | 7.91%                 | Yes           | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 3137H22E3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      4082915 | PA      | $462964.56    | 0.01%             | 2051-04-25      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| LA HIPOTECARIA PANAMANIAN MORTGAGE TRUST                 | LA HIPOTECARIA PANAMANIAN MORTGAGE TRUST 2021 1    | CUSIP: 50347JAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      5341380 | PA      | $4813053.59   | 0.13%             | 2052-07-13      | Variable      | 5.10%                 | Yes           | 2                  | On Loan: No      |
| Republic of Ukraine                                      | UKRAINE GOVERNMENT                                 | CUSIP: 903724CC4<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |      2936659 | PA      | $1506980.45   | 0.04%             | 2036-02-01      | Variable      | 4.50%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3136BJVT9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2654388 | PA      | $597311.60    | 0.02%             | 2051-11-25      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Mayflower Re Ltd.                                        | MAYFLOWER RE LTD                                   | CUSIP: 57839MAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |      2500000 | PA      | $2520500.00   | 0.07%             | 2030-07-08      | Variable      | 8.52%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140HNMA7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       233339 | PA      | $194220.83    | 0.01%             | 2051-01-01      | Fixed         | 2.00%                 | No            | 2                  | On Loan: No      |
| MOSAIC SOLAR LOAN TRUST                                  | MOSAIC SOLAR LOAN TRUST 2019 2                     | CUSIP: 61945LAD5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       750256 | PA      | $743384.18    | 0.02%             | 2040-09-20      | Fixed         | 6.18%                 | Yes           | 2                  | On Loan: No      |
| NEUBERGER BERMAN CLO LTD                                 | NEUBERGER BERMAN CLO XVII LTD                      | CUSIP: 64129VAQ6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      4500000 | PA      | $4463766.00   | 0.12%             | 2038-07-22      | Floating      | 10.42%                | Yes           | 2                  | On Loan: No      |
| OAK-EAGLE ACQUIRECO, INC.                                | OAK EAGLE ACQUIRECO INC                            | CUSIP: DH2541703<br>LEI: 6488ICS9P20290MA1H31 | Long             | DBT              | CORP              | US        |      2260000 | PA      | $2668153.24   | 0.07%             | 2033-07-01      | Fixed         | 6.25%                 | Yes           | 2                  | On Loan: No      |
| 3R Lux SARL                                              | 3R LUX SARL                                        | CUSIP: 88563PAA6<br>LEI: 9845007D0DF0BEFD8D97 | Long             | DBT              | CORP              | LU        |      3585000 | PA      | $3674625.00   | 0.10%             | 2031-02-05      | Fixed         | 9.75%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140M9AV9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        58243 | PA      | $61127.76     | 0.00%             | 2053-02-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140XGXS3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       273534 | PA      | $234758.03    | 0.01%             | 2052-04-01      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Blue Ridge Re Ltd.                                       | BLUE RIDGE RE LTD                                  | CUSIP: 096003AB4<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |      1250000 | PA      | $1270375.00   | 0.03%             | 2031-01-08      | Variable      | 11.74%                | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31387WK22<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |          166 | PA      | $174.75       | 0.00%             | 2031-07-01      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36296QRJ0<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |         1931 | PA      | $1852.15      | 0.00%             | 2039-04-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| RATE MORTGAGE TRUST                                      | RATE MORTGAGE TRUST 2022 J1                        | CUSIP: 75410RDH6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      3661664 | PA      | $3023849.04   | 0.08%             | 2052-01-25      | Variable      | 2.75%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140XNN42<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       917259 | PA      | $875662.63    | 0.02%             | 2051-09-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| ALLY BANK AUTO CREDIT-LINKED NOTES                       | ALLY BANK AUTO CREDIT LINKED NOTES SERIES 2024 A   | CUSIP: 02007G2A0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      1199952 | PA      | $1240353.31   | 0.03%             | 2032-05-17      | Fixed         | 12.75%                | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36176DCR2<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |         3941 | PA      | $3784.77      | 0.00%             | 2041-02-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36182UN52<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |         1666 | PA      | $1593.82      | 0.00%             | 2044-09-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Residential Reinsurance 2023 Limited                     | RESIDENTIAL REINSURANCE 2023 LTD                   | CUSIP: 76090WAC4<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |       750000 | PA      | $780225.00    | 0.02%             | 2030-12-06      | Variable      | 9.42%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140NDGZ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       847623 | PA      | $844678.56    | 0.02%             | 2053-04-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133AKL99<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |        97186 | PA      | $92276.39     | 0.00%             | 2051-04-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| EXETER AUTOMOBILE RECEIVABLES TRUST                      | EXETER AUTOMOBILE RECEIVABLES TRUST                | CUSIP: 30166XAG9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      7560000 | PA      | $7599656.74   | 0.20%             | 2032-12-15      | Fixed         | 7.52%                 | Yes           | 2                  | On Loan: No      |
| CITADEL SECURITIES GLOBAL HOLDINGS LLC                   | CITADEL SECURITIES GLOBAL HOLDINGS LLC             | CUSIP: 17289RAA4<br>LEI: 549300NV5RXBUS3X7L47 | Long             | DBT              | CORP              | US        |     13000000 | PA      | $13207035.66  | 0.36%             | 2030-06-18      | Fixed         | 5.50%                 | Yes           | 2                  | On Loan: No      |
| Merna Re II Ltd.                                         | MERNA REINSURANCE II LTD                           | CUSIP: 59013MAM4<br>LEI: 549300478X5RX87PYX60 | Long             | DBT              | CORP              | BM        |      1000000 | PA      | $1033300.00   | 0.03%             | 2032-07-07      | Variable      | 12.35%                | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31401D3H2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |         7194 | PA      | $7333.61      | 0.00%             | 2033-05-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association 2               | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 21H020642<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |      9000000 | PA      | $7432734.33   | 0.20%             | 2056-04-20      | Fixed         | 2.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association 2               | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 21H030641<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     12000000 | PA      | $10711122.12  | 0.29%             | 2056-04-20      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36230UFE4<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |         8688 | PA      | $8334.67      | 0.00%             | 2041-01-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36198VMG9<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |       691316 | PA      | $662601.64    | 0.02%             | 2044-09-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| CASCADE FUNDING MORTGAGE TRUST                           | CFMT 2024 HB15 LLC                                 | CUSIP: 15723AAF8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      6710000 | PA      | $6411476.80   | 0.17%             | 2034-08-25      | Fixed         | 4.00%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 01F020448<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2000000 | PA      | $1839325.34   | 0.05%             | 2041-04-25      | Fixed         | 2.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31418CHJ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        29238 | PA      | $26572.38     | 0.00%             | 2047-01-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133ASLK7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |        87208 | PA      | $82551.15     | 0.00%             | 2051-09-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| AREIT LTD.                                               | AREIT 2022 CRE6 TRUST                              | CUSIP: 04002VAJ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      3600000 | PA      | $3542893.20   | 0.10%             | 2037-01-20      | Floating      | 6.52%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36230UD63<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |         9211 | PA      | $8855.66      | 0.00%             | 2041-01-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| J.G. WENTWORTH RECEIVABLES LLC                           | JG WENTWORTH XXII LLC                              | CUSIP: 46616MAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       100374 | PA      | $99930.55     | 0.00%             | 2048-12-15      | Fixed         | 3.82%                 | Yes           | 2                  | On Loan: No      |
| HERBIE RE LTD                                            | HERBIE RE LTD                                      | CUSIP: 42703VAN3<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |       500000 | PA      | $500000.00    | 0.01%             | 2030-01-07      | Floating      | 7.76%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36241KLT3<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |            2 | PA      | $2.48         | 0.00%             | 2037-02-15      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36290YUV8<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        18664 | PA      | $18480.09     | 0.00%             | 2033-09-15      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36182NCD3<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        61424 | PA      | $58662.93     | 0.00%             | 2044-09-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 01F052441<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     32000000 | PA      | $32621849.28  | 0.88%             | 2041-04-25      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140XGFN4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     11584454 | PA      | $10396207.92  | 0.28%             | 2052-03-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Sanders Re II Ltd                                        | SANDERS RE II LTD                                  | CUSIP: 80001TAB3<br>LEI: 254900VRQU0N0MF3CT92 | Long             | DBT              | CORP              | BM        |       600000 | PA      | $632520.00    | 0.02%             | 2030-04-08      | Variable      | 7.87%                 | Yes           | 2                  | On Loan: No      |
| Turkiye Cumhuriyeti                                      | TURKIYE GOVERNMENT INTERNATIONAL BOND              | CUSIP: 900123DT4<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |      5890000 | PA      | $5570956.37   | 0.15%             | 2033-03-14      | Fixed         | 6.30%                 | No            | 2                  | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST                            | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 35565TBE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      6250000 | PA      | $7623189.38   | 0.21%             | 2050-11-25      | Floating      | 11.06%                | Yes           | 2                  | On Loan: No      |
| Arab Republic of Egypt                                   | EGYPT GOVERNMENT INTERNATIONAL BOND                | CUSIP: 03846JAB6<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |      2520000 | PA      | $2316715.05   | 0.06%             | 2031-02-16      | Fixed         | 5.88%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31418CEZ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        79448 | PA      | $71315.24     | 0.00%             | 2046-11-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36241LP42<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        15797 | PA      | $15202.41     | 0.00%             | 2040-10-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| ALLY FINANCIAL INC.                                      | ALLY FINANCIAL INC                                 | CUSIP: 02005NBY5<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |      5823000 | PA      | $5620545.82   | 0.15%             | 2040-01-17      | Fixed         | 6.65%                 | No            | 2                  | On Loan: No      |
| COLUMBIA PIPELINES HOLDING COMPANY LLC                   | COLUMBIA PIPELINES HOLDING CO LLC                  | CUSIP: 19828AAF4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      6760000 | PA      | $6715476.61   | 0.18%             | 2032-11-17      | Fixed         | 5.00%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3138YUSH5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        11304 | PA      | $10950.48     | 0.00%             | 2045-06-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36198WTY1<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        14320 | PA      | $13649.98     | 0.00%             | 2044-08-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36183UC95<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |       304373 | PA      | $288483.54    | 0.01%             | 2045-01-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Arab Republic of Egypt                                   | EGYPT GOVERNMENT INTERNATIONAL BOND                | CUSIP: 03846JAE0<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |      6100000 | PA      | $5674831.22   | 0.15%             | 2033-09-30      | Fixed         | 7.30%                 | Yes           | 2                  | On Loan: No      |
| NEW RESIDENTIAL MORTGAGE LOAN TRUST                      | NEW RESIDENTIAL MORTGAGE LOAN TRUST 2020 2A        | CUSIP: 64830XBY4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      6333960 | PA      | $6358065.03   | 0.17%             | 2046-10-25      | Floating      | 6.57%                 | Yes           | 2                  | On Loan: No      |
| FIRST EAGLE BSL CLO LLC                                  | FIRST EAGLE BSL CLO 2019 1 LTD                     | CUSIP: 32010FAC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      1000000 | PA      | $999174.00    | 0.03%             | 2033-01-20      | Floating      | 8.28%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 01F020646<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      8600000 | PA      | $6925015.58   | 0.19%             | 2056-04-25      | Fixed         | 2.00%                 | No            | 2                  | On Loan: No      |
| NEW RESIDENTIAL MORTGAGE LOAN TRUST                      | NEW RESIDENTIAL MORTGAGE LOAN TRUST 2020 RPL1      | CUSIP: 64828XAE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     13903950 | PA      | $11896540.80  | 0.32%             | 2059-11-25      | Variable      | 3.83%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36178GJ62<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |       470584 | PA      | $451233.72    | 0.01%             | 2044-03-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Sanders Re II Ltd                                        | SANDERS RE II LTD                                  | CUSIP: 80001TAA5<br>LEI: 254900VRQU0N0MF3CT92 | Long             | DBT              | CORP              | BM        |       600000 | PA      | $615120.00    | 0.02%             | 2028-04-07      | Variable      | 7.62%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36184A5F2<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |       252299 | PA      | $240334.48    | 0.01%             | 2045-01-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| European Bank for Reconstruction and Development         | EUROPEAN BK RECON DEV                              | CUSIP: N/A<br>LEI: 549300HTGDOVDU6OGK19       | Long             | DBT              |  | GB        |    944110000 | PA      | $1265037.29   | 0.03%             | 2036-07-11      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133C1C57<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |        27213 | PA      | $26935.03     | 0.00%             | 2053-04-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140NMLP0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       294973 | PA      | $305067.13    | 0.01%             | 2053-06-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Cape Lookout Re Ltd.                                     | CAPE LOOKOUT RE LTD                                | CUSIP: 13947LAG7<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |      1750000 | PA      | $1824200.00   | 0.05%             | 2032-03-13      | Variable      | 9.75%                 | Yes           | 2                  | On Loan: No      |
| FARMERS INSURANCE EXCHANGE                               | FARMERS INSURANCE EXCHANGE                         | CUSIP: 309601AG7<br>LEI: 549300UWG2TLX1GZVT44 | Long             | DBT              | CORP              | US        |      6810000 | PA      | $6806386.61   | 0.18%             | 2064-10-15      | Fixed         | 7.00%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36297F5X6<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |         2014 | PA      | $1934.15      | 0.00%             | 2040-01-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| BANQUE OUEST AFRICAINE DE DEVELOPPEMENT                  | BANQUE OUEST AFRICAINE DE DEVELOPPEMENT            | CUSIP: 06675QAC7<br>LEI: 529900LIZJABE4JJS826 | Long             | DBT              |  | TG        |      8430000 | PA      | $7725467.81   | 0.21%             | 2031-10-22      | Fixed         | 4.70%                 | Yes           | 2                  | On Loan: No      |
| 1261229 B.C. LTD.                                        | 1261229 BC LTD                                     | CUSIP: 68288AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |      5375000 | PA      | $5503161.50   | 0.15%             | 2032-04-15      | Fixed         | 10.00%                | Yes           | 2                  | On Loan: No      |
| RIVER ROCK ENTERTAINMENT AUTHORITY                       | RIVER ROCK ENTERTAINMENT AUTHORITY                 | CUSIP: 76837PAC7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      6950000 | PA      | $6811000.00   | 0.18%             | 2031-11-24      | Floating      | 12.66%                | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3136B1Z98<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1448051 | PA      | $175532.34    | 0.00%             | 2048-06-25      | Floating      | 2.42%                 | No            | 2                  | On Loan: No      |
| MELCO RESORTS FINANCE LIMITED                            | MELCO RESORTS FINANCE LTD                          | CUSIP: 58547DAJ8<br>LEI: 5493000FQDBWKDBZEF60 | Long             | DBT              | CORP              | KY        |      1360000 | PA      | $1305301.79   | 0.04%             | 2033-09-24      | Fixed         | 6.50%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36177QXK4<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |       372568 | PA      | $357251.80    | 0.01%             | 2042-01-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| AMERICAN CREDIT ACCEPTANCE RECEIVABLES TRUST             | AMERICAN CREDIT ACCEPTANCE RECEIVABLES TRUST 2025  | CUSIP: 024948AG6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      4130000 | PA      | $4139241.29   | 0.11%             | 2031-09-12      | Fixed         | 5.25%                 | Yes           | 2                  | On Loan: No      |
| NATWEST GROUP PLC                                        | NATWEST GROUP PLC                                  | CUSIP: 639057AP3<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |      6765000 | PA      | $7020904.73   | 0.19%             | 2034-06-01      | Fixed         | 6.47%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association 2               | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 36202CY72<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |           15 | PA      | $15.25        | 0.00%             | 2028-01-20      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3138ECMS9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        45370 | PA      | $43761.96     | 0.00%             | 2042-07-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| AECOM                                                    | AECOM                                              | CUSIP: 00766TAE0<br>LEI: 0EEB8GF0W0NPCIHZX097 | Long             | DBT              | CORP              | US        |     11780000 | PA      | $11767057.31  | 0.32%             | 2033-08-01      | Fixed         | 6.00%                 | Yes           | 2                  | On Loan: No      |
| LIBRA SOLUTIONS LLC                                      | OASIS SECURITISATION                               | CUSIP: 53161AAB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      3830000 | PA      | $3824536.51   | 0.10%             | 2039-08-15      | Fixed         | 8.05%                 | Yes           | 2                  | On Loan: No      |
| Republica Oriental del Uruguay                           | URUGUAY GOVERNMENT INTERNATIONAL BOND              | CUSIP: 760942BF8<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |    190614000 | PA      | $5201377.47   | 0.14%             | 2033-07-20      | Fixed         | 9.75%                 | No            | 2                  | On Loan: No      |
| Commonwealth Re Ltd.                                     | COMMONWEALTH RE LTD                                | CUSIP: 203235AC0<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |       750000 | PA      | $765375.00    | 0.02%             | 2033-07-10      | Variable      | 7.34%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 38383FMR1<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |      2163488 | PA      | $280195.70    | 0.01%             | 2050-07-20      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| UNITED STATES DOLLARS                                    | UNITED STATES DOLLARS                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |      7465000 | OU      | $44063.56     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Enbridge Inc.                                            | ENBRIDGE INC                                       | CUSIP: 29250NCF0<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |      5520000 | PA      | $5805731.76   | 0.16%             | 2054-06-27      | Fixed         | 7.20%                 | No            | 2                  | On Loan: No      |
| GLENEAGLES RE 2022                                       | GLENEAGLES RE 2022                                 | CUSIP: S00397026<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |      1250000 | PA      | $44250.00     | 0.00%             | 2027-12-31      | None          | 0.00%                 | Yes           | 3                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 3620ATXA0<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        16246 | PA      | $15712.58     | 0.00%             | 2040-11-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| CROCKETT PARTNERS EQUIPMENT COMPANY IIA LLC              | CROCKETT PARTNERS EQUIPMENT CO IIA LLC             | CUSIP: 22689LAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       913030 | PA      | $948635.84    | 0.03%             | 2031-01-20      | Fixed         | 10.16%                | Yes           | 2                  | On Loan: No      |
| J.P. MORGAN MORTGAGE TRUST                               | JP MORGAN MORTGAGE TRUST 2018 7FRB                 | CUSIP: 46650AAP8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       981000 | PA      | $840043.15    | 0.02%             | 2046-04-25      | Variable      | 5.11%                 | Yes           | 2                  | On Loan: No      |
| United States of America                                 | U S TREASURY NOTE                                  | CUSIP: 91282CMG3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     75000000 | PA      | $75949218.75  | 2.04%             | 2030-01-31      | Fixed         | 4.25%                 | No            | 2                  | On Loan: No      |
| Merna Re II Ltd.                                         | MERNA REINSURANCE II LTD                           | CUSIP: 59013MAJ1<br>LEI: 549300478X5RX87PYX60 | Long             | DBT              | CORP              | BM        |      6000000 | PA      | $6138000.00   | 0.17%             | 2030-07-07      | Variable      | 13.35%                | Yes           | 2                  | On Loan: No      |
| FIRST QUANTUM MINERALS LTD.                              | FIRST QUANTUM MINERALS LTD                         | CUSIP: 335934AY1<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |      2000000 | PA      | $1924033.60   | 0.05%             | 2036-02-15      | Fixed         | 6.38%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 3620ASLE7<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        94913 | PA      | $93616.90     | 0.00%             | 2041-06-15      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| MERION RE 2025 1                                         | MERION RE 2025 1                                   | CUSIP: S00688253<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |       750000 | PA      | $11751.90     | 0.00%             | 2030-12-31      | None          | 0.00%                 | Yes           | 3                  | On Loan: No      |
| TOWD POINT MORTGAGE TRUST                                | TOWD POINT MORTGAGE TRUST 2017 1                   | CUSIP: 89173FAG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      5000000 | PA      | $4300842.50   | 0.12%             | 2056-10-25      | Variable      | 3.76%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 3620ARG96<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        12869 | PA      | $12372.30     | 0.00%             | 2040-09-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 3142JNYN0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       199080 | PA      | $212184.18    | 0.01%             | 2055-12-01      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31402C4H2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        15518 | PA      | $15819.31     | 0.00%             | 2034-04-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Transportes Aereos Portugueses, SA                       | TRANSPORTES AEREOS PORTUGUESES SA                  | CUSIP: YU8203645<br>LEI: 213800XBTDYWRYHKH878 | Long             | DBT              | CORP              | PT        |      7700000 | PA      | $8743533.61   | 0.24%             | 2029-11-15      | Fixed         | 5.12%                 | Yes           | 2                  | On Loan: No      |
| FREMF MORTGAGE TRUST                                     | FREMF MORTGAGE TRUST                               | CUSIP: 30313MAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       927969 | PA      | $920816.40    | 0.02%             | 2027-01-25      | Floating      | 5.68%                 | Yes           | 2                  | On Loan: No      |
| European Bank for Reconstruction and Development         | EUROPEAN BANK FOR RECONSTRUCTION DEVELOPMENT       | CUSIP: ZL9874229<br>LEI: 549300HTGDOVDU6OGK19 | Long             | DBT              |  | GB        |    512000000 | PA      | $5242063.81   | 0.14%             | 2028-04-11      | Fixed         | 6.25%                 | No            | 2                  | On Loan: No      |
| LOCKE TAVERN RE LTD                                      | LOCKE TAVERN RE LTD                                | CUSIP: 539694AB5<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |       400000 | PA      | $399600.00    | 0.01%             | 2033-04-11      | Floating      | 6.79%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36184BL47<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        42408 | PA      | $40334.36     | 0.00%             | 2045-02-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| PI0051 CHELTENHAM RE 2025                                | PI0051 CHELTENHAM RE 2025                          | CUSIP: S00727668<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |      1000000 | PA      | $1028100.00   | 0.03%             | 2029-05-31      | None          | 0.00%                 | Yes           | 3                  | On Loan: No      |
| UNITED STATES DOLLARS                                    | UNITED STATES DOLLARS                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |   1555000000 | OU      | $133185.75    | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Four Lakes Re Ltd.                                       | FOUR LAKES RE LTD                                  | CUSIP: 35087TAE8<br>LEI: 549300MG4RRU6DT7MN54 | Long             | DBT              | CORP              | BM        |       250000 | PA      | $253475.00    | 0.01%             | 2027-01-07      | Variable      | 9.66%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140XNNR1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1104701 | PA      | $948669.61    | 0.03%             | 2052-02-01      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140XHXV4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1244567 | PA      | $1276057.00   | 0.03%             | 2050-04-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3132DSC34<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      1356604 | PA      | $1310190.59   | 0.04%             | 2042-10-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| MC Brazil Downstream Trading S.a r.l.                    | MC BRAZIL DOWNSTREAM TRADING SARL                  | CUSIP: 55292WAA8<br>LEI: 213800T2A7R9TYNXZI63 | Long             | DBT              | CORP              | LU        |      7303719 | PA      | $6582841.73   | 0.18%             | 2031-06-30      | Fixed         | 7.25%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36212TAK0<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |          110 | PA      | $111.85       | 0.00%             | 2031-05-15      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140XJE74<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2904034 | PA      | $2965091.88   | 0.08%             | 2050-04-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| ORACLE CORPORATION                                       | ORACLE CORP                                        | CUSIP: 68389XEC5<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |      4740000 | PA      | $4357586.28   | 0.12%             | 2066-02-04      | Fixed         | 6.85%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36181KAH3<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        26425 | PA      | $25131.48     | 0.00%             | 2045-02-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| OLD NATIONAL BANCORP                                     | OLD NATIONAL BANCORP IN                            | CUSIP: 68003DAA3<br>LEI: 549300MMK90CL5KMVX16 | Long             | DBT              | CORP              | US        |      1070000 | PA      | $1064831.23   | 0.03%             | 2036-02-15      | Fixed         | 5.77%                 | No            | 2                  | On Loan: No      |
| Grupo Aeromexico, S.A.B. de C.V.                         | GRUPO AEROMEXICO SAB                               | CUSIP: 40054JAC3<br>LEI: 529900BECKHBL62WD126 | Long             | DBT              | CORP              | MX        |      1810000 | PA      | $1744387.50   | 0.05%             | 2029-11-15      | Fixed         | 8.25%                 | Yes           | 2                  | On Loan: No      |
| RADNOR RE/ESSENT                                         | RADNOR RE 2021 2 LTD                               | CUSIP: 75049GAC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      1460000 | PA      | $1513381.69   | 0.04%             | 2031-11-25      | Floating      | 8.68%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36176UJ71<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |         2993 | PA      | $2872.54      | 0.00%             | 2041-12-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36213WPR1<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |          665 | PA      | $682.06       | 0.00%             | 2031-10-15      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| United States of America                                 | UNITED STATES TREASURY BILL                        | CUSIP: 912797TJ6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     85000000 | PA      | $84828677.40  | 2.28%             | 2026-04-21      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 01F070641<br>LEI: B1V7KEBTPIMZEU4LTD58 | Short            | ABS-MBS          | USGSE             | US        |      -100000 | PA      | $-105201.76   | -0.00%            | 2056-04-25      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 3142JYQX3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       100000 | PA      | $103975.71    | 0.00%             | 2056-04-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 38376CAG4<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |       807070 | PA      | $807900.73    | 0.02%             | 2039-09-20      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| LONG RIDGE ENERGY LLC                                    | LONG RIDGE ENERGY LLC                              | CUSIP: 54288CAA1<br>LEI: 984500764EC9AZ2FC764 | Long             | DBT              | CORP              | US        |      7100000 | PA      | $7448702.30   | 0.20%             | 2032-02-15      | Fixed         | 8.75%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140NEQD0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       485549 | PA      | $502407.84    | 0.01%             | 2053-03-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| FREEDOM MORTGAGE HOLDINGS LLC                            | FREEDOM MORTGAGE HOLDINGS LLC                      | CUSIP: 35641AAB4<br>LEI: 254900ROJ91RGM43S156 | Long             | DBT              | CORP              | US        |      4780000 | PA      | $4858870.00   | 0.13%             | 2031-05-15      | Fixed         | 9.12%                 | Yes           | 2                  | On Loan: No      |
| AKBANK TURK ANONIM SIRKETI                               | AKBANK TAS                                         | CUSIP: 00971YAN0<br>LEI: 789000TUMN63Z28TJ497 | Long             | DBT              | CORP              | TR        |      7440000 | PA      | $7076115.92   | 0.19%             | 2199-12-31      | Fixed         | 7.95%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140FXK50<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1130194 | PA      | $1056407.70   | 0.03%             | 2055-09-01      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| United States of America                                 | U S TREASURY NOTE                                  | CUSIP: 91282CPZ8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     37978800 | PA      | $37385381.25  | 1.01%             | 2036-02-15      | Fixed         | 4.12%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133CSMN8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      1231746 | PA      | $1256214.41   | 0.03%             | 2054-08-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| SIERRACOL ENERGY ANDINA, LLC                             | SIERRACOL ENERGY ANDINA LLC                        | CUSIP: 82653LAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      3645000 | PA      | $3476491.65   | 0.09%             | 2028-06-15      | Fixed         | 6.00%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 01F062648<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1800000 | PA      | $1862106.80   | 0.05%             | 2056-04-25      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| CHAMPIONS FINANCING, INC.                                | CHAMPIONS FINANCING INC                            | CUSIP: 15870LAA6<br>LEI: 391200ZDD75EGEUJ7625 | Long             | DBT              | CORP              | US        |      7474000 | PA      | $6702887.24   | 0.18%             | 2029-02-15      | Fixed         | 8.75%                 | Yes           | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 3137FFHE0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      1778269 | PA      | $272052.10    | 0.01%             | 2051-03-25      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST   | J P MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES T  | CUSIP: 46651MAN6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       556073 | PA      | $383690.23    | 0.01%             | 2036-07-15      | Floating      | 5.88%                 | Yes           | 2                  | On Loan: No      |
| ENDO FINANCE HOLDINGS INC                                | ENDO FINANCE HOLDINGS INC                          | CUSIP: 29280UAD5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      1254125 | PA      | $1248507.77   | 0.03%             | 2031-04-23      | Floating      | 7.42%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 38382XYK5<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     10130658 | PA      | $1001068.06   | 0.03%             | 2051-08-20      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36210F6D3<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |           34 | PA      | $34.75        | 0.00%             | 2029-05-15      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| ION PLATFORM FINANCE US, INC.                            | ION PLATFORM FINANCE US INC ION PLATFORM FINANCE   | CUSIP: 46206AAF9<br>LEI: 213800FKHT3BRRKMCC89 | Long             | DBT              | CORP              | US        |      5540000 | PA      | $5135982.20   | 0.14%             | 2029-08-01      | Fixed         | 9.00%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36177Q7M9<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |       339720 | PA      | $319213.05    | 0.01%             | 2042-10-15      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140XNN75<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       567851 | PA      | $560226.17    | 0.02%             | 2047-02-01      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| CASCADE FUNDING MORTGAGE TRUST                           | CFMT 2024 HB14 LLC                                 | CUSIP: 12530XAE1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      3450000 | PA      | $3291471.12   | 0.09%             | 2034-06-25      | Variable      | 3.00%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31391GYP5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |         1831 | PA      | $1866.58      | 0.00%             | 2032-11-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| CLEVELAND-CLIFFS INC.                                    | CLEVELAND CLIFFS INC                               | CUSIP: 185899AS0<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |       920000 | PA      | $917660.90    | 0.02%             | 2031-09-15      | Fixed         | 7.50%                 | Yes           | 2                  | On Loan: No      |
| Aquila Re I Ltd.                                         | AQUILA RE I LTD SERIES 2023 1                      | CUSIP: 03843AAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |       750000 | PA      | $756750.00    | 0.02%             | 2030-06-08      | Variable      | 11.19%                | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association 2               | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36202D4P3<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        21179 | PA      | $21819.24     | 0.00%             | 2034-03-20      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140XCFG8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        14988 | PA      | $14234.90     | 0.00%             | 2051-05-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| HERC HOLDINGS INC.                                       | HERC HOLDINGS INC                                  | CUSIP: 42704LAH7<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |      1435000 | PA      | $1413284.15   | 0.04%             | 2031-03-15      | Fixed         | 5.75%                 | Yes           | 2                  | On Loan: No      |
| ALAMO RE LTD.                                            | ALAMO RE LTD                                       | CUSIP: 011395AN0<br>LEI: 5493003E22VRD25G0S03 | Long             | DBT              | CORP              | BM        |       500000 | PA      | $515000.00    | 0.01%             | 2027-06-07      | Variable      | 9.78%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36213FM67<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        28149 | PA      | $28776.89     | 0.00%             | 2033-02-15      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| GRANITE PARK EQUIPMENT LEASING LLC                       | GRANITE PARK EQUIPMENT LEASING 2023 1 LLC          | CUSIP: 387422AG3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      2885000 | PA      | $2879139.70   | 0.08%             | 2035-06-20      | Fixed         | 7.00%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36183E3J9<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        87713 | PA      | $83960.81     | 0.00%             | 2044-12-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31402RFT1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       548243 | PA      | $552708.07    | 0.01%             | 2035-06-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| BANK OF AMERICA CORPORATION                              | BANK OF AMERICA CORP                               | CUSIP: 06055H202<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EP               | CORP              | US        |       227713 | NS      | $4592971.21   | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| SOUND POINT CLO                                          | SOUND POINT CLO XXI LTD                            | CUSIP: 83613HAJ6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      4750000 | PA      | $4552618.50   | 0.12%             | 2031-10-26      | Floating      | 7.23%                 | Yes           | 2                  | On Loan: No      |
| Republique de Cote d'Ivoire                              | IVORY COAST GOVERNMENT INTERNATIONAL BOND          | CUSIP: BM7280605<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |     10517000 | PA      | $11301094.64  | 0.30%             | 2032-01-30      | Fixed         | 4.88%                 | Yes           | 2                  | On Loan: No      |
| METLIFE, INC.                                            | METLIFE INC                                        | CUSIP: 59156RCR7<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |      4465000 | PA      | $4382361.24   | 0.12%             | 2056-03-15      | Fixed         | 5.85%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36176UVU6<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        22849 | PA      | $21909.73     | 0.00%             | 2042-06-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 38382PZN5<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |      2006012 | PA      | $262496.92    | 0.01%             | 2051-03-20      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| PROVIDENT FUNDING MORTGAGE LOAN TRUST                    | PROVIDENT FUNDING MORTGAGE TRUST 2021 2            | CUSIP: 74388JAW5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      2504827 | PA      | $2029369.68   | 0.05%             | 2051-04-25      | Variable      | 2.35%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36176MBQ5<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |         3502 | PA      | $3362.40      | 0.00%             | 2041-09-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| ARBOR REALTY COMMERCIAL REAL ESTATE NOTES LTD            | ARBOR REALTY COLLATERALIZED LOAN OBLIGATION LTD    | CUSIP: 03881UAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      1660000 | PA      | $1660692.22   | 0.04%             | 2041-01-18      | Floating      | 5.60%                 | Yes           | 2                  | On Loan: No      |
| FLEX LTD.                                                | FLEX LTD                                           | CUSIP: 33938XAG0<br>LEI: 549300EAQH74YHD07T53 | Long             | DBT              | CORP              | SG        |      3695000 | PA      | $3630711.18   | 0.10%             | 2035-11-13      | Fixed         | 5.38%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 31288FET7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |         8824 | PA      | $9035.87      | 0.00%             | 2033-01-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| EXETER AUTOMOBILE RECEIVABLES TRUST                      | EXETER AUTOMOBILE RECEIVABLES TRUST 2025 1         | CUSIP: 30167MAG2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     10730000 | PA      | $10806022.05  | 0.29%             | 2032-09-15      | Fixed         | 7.48%                 | Yes           | 2                  | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST                      | CONNECTICUT AVENUE SECURITIES TRUST 2022 R02       | CUSIP: 20754BAF8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      7980000 | PA      | $8185789.84   | 0.22%             | 2042-01-25      | Floating      | 8.16%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140QR3C5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2505361 | PA      | $2612668.37   | 0.07%             | 2053-05-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| KEYCORP                                                  | KEYCORP                                            | CUSIP: 493267868<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | EP               | CORP              | US        |        92714 | NS      | $1943285.44   | 0.05%             |  |  |  | No            | 1                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133CQQM0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      1525131 | PA      | $1584936.67   | 0.04%             | 2054-08-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| COLOGIX DATA CENTERS US ISSUER, LLC                      | COLOGIX CANADIAN ISSUER LP                         | CUSIP: 19521DAD3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      7465000 | PA      | $5330249.34   | 0.14%             | 2052-01-25      | Fixed         | 4.94%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36183B6T0<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        53626 | PA      | $50473.30     | 0.00%             | 2044-09-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 38383FLE1<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |      2792904 | PA      | $342014.85    | 0.01%             | 2051-12-20      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36213FAD5<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |          460 | PA      | $465.79       | 0.00%             | 2032-08-15      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| UNITED STATES DOLLARS                                    | UNITED STATES DOLLARS                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |     36500000 | OU      | $725271.24    | 0.02%             |  |  |  | No            | 2                  | On Loan: No      |
| CASCADE FUNDING MORTGAGE TRUST                           | CASCADE MH ASSET TRUST 2021 MH1                    | CUSIP: 14731QAG4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      4000000 | PA      | $3577532.40   | 0.10%             | 2046-02-25      | Variable      | 7.66%                 | Yes           | 2                  | On Loan: No      |
| GLS AUTO RECEIVABLES TRUST                               | GLS AUTO RECEIVABLES ISSUER TRUST 2025 2           | CUSIP: 37989BAN2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      4270000 | PA      | $4407968.40   | 0.12%             | 2032-06-15      | Fixed         | 7.73%                 | Yes           | 2                  | On Loan: No      |
| Pemerintah Republik Indonesia                            | INDONESIA GOVERNMENT INTERNATIONAL BOND            | CUSIP: N/A<br>LEI: 529900FWX0GRR7WG5W79       | Long             | DBT              | NUSS              | ID        |     18340000 | PA      | $20363872.93  | 0.55%             | 2034-03-04      | Fixed         | 4.10%                 | No            | 2                  | On Loan: No      |
| Republic of Ukraine                                      | UKRAINE GOVERNMENT                                 | CUSIP: 903724CE0<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |      1382741 | PA      | $591834.14    | 0.02%             | 2036-02-01      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| VISTRA OPERATIONS COMPANY LLC                            | VISTRA OPERATIONS CO LLC                           | CUSIP: 92840VAZ5<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |      1735000 | PA      | $1697165.72   | 0.05%             | 2036-01-31      | Fixed         | 5.35%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association 2               | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36184XM22<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |       268754 | PA      | $247753.07    | 0.01%             | 2045-04-20      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| ATLAS CAPITAL DESIGNATED ACTIVITY COMPANY                | ATLAS CAPITAL DAC                                  | CUSIP: 049207AA1<br>LEI: 635400CBPJFGGWD2AH20 | Long             | DBT              | CORP              | IE        |      1250000 | PA      | $1281500.00   | 0.03%             | 2029-06-05      | Variable      | 11.51%                | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 3620ARL82<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |         4226 | PA      | $4067.75      | 0.00%             | 2040-10-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Banco Santander, S.A.                                    | BANCO SANTANDER SA                                 | CUSIP: 05964HAV7<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |      5000000 | PA      | $5396454.35   | 0.15%             | 2033-08-08      | Fixed         | 6.92%                 | No            | 2                  | On Loan: No      |
| SCF EQUIPMENT LEASING LLC                                | SCF EQUIPMENT LEASING 2024 1 LLC                   | CUSIP: 783896AG8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      2300000 | PA      | $2456315.13   | 0.07%             | 2034-12-20      | Fixed         | 9.00%                 | Yes           | 2                  | On Loan: No      |
| WEC ENERGY GROUP INC.                                    | WEC ENERGY GROUP INC                               | CUSIP: 92939UAU0<br>LEI: 549300IGLYTZUK3PVP70 | Long             | DBT              | CORP              | US        |      1565000 | PA      | $1533433.79   | 0.04%             | 2056-05-15      | Fixed         | 5.62%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36182J2E1<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        35824 | PA      | $34351.08     | 0.00%             | 2044-02-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140XNNQ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      6362854 | PA      | $5470429.32   | 0.15%             | 2051-11-01      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| GLOBAL MORTGAGE SECURITIZATION LTD                       | GLOBAL MORTGAGE SECURITIZATION                     | CUSIP: 378961AG1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       171915 | PA      | $1.72         | 0.00%             | 2032-11-25      | Variable      | 5.25%                 | Yes           | 2                  | On Loan: No      |
| BANTRY RE LTD                                            | BANTRY RE LTD                                      | CUSIP: S00798851<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |      4441636 | PA      | $4703803.12   | 0.13%             | 2031-12-31      | None          | 0.00%                 | Yes           | 3                  | On Loan: No      |
| Bundesrepublik Deutschland                               | EURO BUND FUTURE JUN26                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | DE        |         -650 | NC      | $2480032.39   | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| DEVELOPMENT BANK OF KAZAKHSTAN JSC                       | DEVELOPMENT BANK OF KAZAKHSTAN JSC                 | CUSIP: BP3245902<br>LEI: 213800LCDPGJ1BI7KX98 | Long             | DBT              |  | KZ        |   1210000000 | PA      | $2522348.16   | 0.07%             | 2026-05-06      | Fixed         | 10.95%                | No            | 2                  | On Loan: No      |
| UNITED STATES DOLLARS                                    | UNITED STATES DOLLARS                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |    476000000 | OU      | $404582.98    | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 3142JYQU9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       100000 | PA      | $102447.88    | 0.00%             | 2056-04-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| FS RIALTO ISSUER, LTD.                                   | FS RIALTO ISSUER LTD                               | CUSIP: 30340KAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      6110000 | PA      | $6107414.25   | 0.16%             | 2030-02-01      | Floating      | 5.06%                 | Yes           | 2                  | On Loan: No      |
| SLG OFFICE TRUST                                         | SLG OFFICE TRUST 2021 OVA                          | CUSIP: 78449RAL9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      8350000 | PA      | $7167827.04   | 0.19%             | 2041-07-15      | Fixed         | 2.85%                 | Yes           | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133C6WD7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       260225 | PA      | $266086.42    | 0.01%             | 2053-07-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| PETCO HEALTH AND WELLNESS COMPANY, INC.                  | PETCO HEALTH WELLNESS CO INC                       | CUSIP: 71601VAA3<br>LEI: 2549007TYGV6RVSE9M61 | Long             | DBT              | CORP              | US        |       805000 | PA      | $803896.60    | 0.02%             | 2031-02-01      | Fixed         | 8.25%                 | Yes           | 2                  | On Loan: No      |
| FIESTA PURCHASER, INC.                                   | FIESTA PURCHASER INC                               | CUSIP: 31659AAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      1038000 | PA      | $1057172.90   | 0.03%             | 2032-09-15      | Fixed         | 9.62%                 | Yes           | 2                  | On Loan: No      |
| Allianz SE                                               | ALLIANZ SE                                         | CUSIP: 018820AE0<br>LEI: 529900K9B0N5BT694847 | Long             | DBT              | CORP              | DE        |     10600000 | PA      | $10619779.60  | 0.29%             | 2199-12-31      | Fixed         | 6.55%                 | Yes           | 2                  | On Loan: No      |
| CREDIT SUISSE FIRST BOSTON CORPORATION                   | CSFB MORTGAGE BACKED PASS THROUGH CERTIFICATES SER | CUSIP: 22541QJM5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       223323 | PA      | $2.23         | 0.00%             | 2033-06-25      | Variable      | 5.50%                 | No            | 2                  | On Loan: No      |
| PRESTIGE AUTO RECEIVABLES TRUST                          | PRESTIGE AUTO RECEIVABLES TRUST 2025 1             | CUSIP: 74113UAJ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      2959000 | PA      | $2951507.22   | 0.08%             | 2031-07-15      | Fixed         | 6.02%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36177JNB1<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        63976 | PA      | $61283.36     | 0.00%             | 2042-02-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| BAYVIEW COMMERCIAL ASSET TRUST                           | BAYVIEW COMMERCIAL ASSET TRUST 2007 2              | CUSIP: 07325XAN0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      3531135 | PA      | $0.04         | 0.00%             | 2037-07-25      | None          | 0.00%                 | Yes           | 3                  | On Loan: No      |
| COMMONWEALTH RE LTD                                      | COMMONWEALTH RE LTD                                | CUSIP: 203235AB2<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |      1750000 | PA      | $1758925.00   | 0.05%             | 2030-07-08      | Floating      | 7.40%                 | Yes           | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 31297RD61<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |        35742 | PA      | $36483.32     | 0.00%             | 2035-06-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| OCWEN LOAN INVESTMENT TRUST                              | ONITY LOAN INVESTMENT TRUST 2024 HB2               | CUSIP: 68278DAD5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      1950000 | PA      | $1897473.83   | 0.05%             | 2037-08-25      | Variable      | 5.00%                 | Yes           | 2                  | On Loan: No      |
| MERION RE 2026 1                                         | MERION RE 2026 1                                   | CUSIP: S00810574<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |       750000 | PA      | $691790.35    | 0.02%             | 2031-12-31      | None          | 0.00%                 | Yes           | 3                  | On Loan: No      |
| BREAN ASSET BACKED SECURITIES TRUST                      | BREAN ASSET BACKED SECURITIES TRUST 2021 RM1       | CUSIP: 10638CAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      2613620 | PA      | $2492902.39   | 0.07%             | 2063-10-25      | Fixed         | 1.40%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36291LJ55<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        14843 | PA      | $15685.44     | 0.00%             | 2035-07-15      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 01F022642<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     21400000 | PA      | $17989375.00  | 0.48%             | 2056-04-25      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| United States of America                                 | 2 YEAR US TREASURY NOTE FUTURE JUN26               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |         1234 | NC      | $-1776860.54  | -0.05%            |  |  |  | No            | 1                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140NMLG0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       193940 | PA      | $198096.96    | 0.01%             | 2053-06-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| CITIGROUP MORTGAGE LOAN TRUST INC                        | CITIGROUP MORTGAGE LOAN TRUST 2018 RP3             | CUSIP: 17327DAF8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      5264850 | PA      | $4348188.02   | 0.12%             | 2061-03-25      | Variable      | 3.25%                 | Yes           | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133CSMW8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      1175053 | PA      | $1199318.32   | 0.03%             | 2054-08-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| FIGRE TRUST                                              | FIGRE TRUST 2024 HE6                               | CUSIP: 31684DAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     11949828 | PA      | $12014328.04  | 0.32%             | 2054-12-25      | Variable      | 5.72%                 | Yes           | 2                  | On Loan: No      |
| GDZ ELEKTRIK DAGITIM ANONIM SIRKETI                      | GDZ ELEKTRIK DAGITIM AS                            | CUSIP: 36270TAA1<br>LEI: 984500B63B5766038A64 | Long             | DBT              | CORP              | TR        |      4640000 | PA      | $4385934.16   | 0.12%             | 2029-10-15      | Fixed         | 9.00%                 | Yes           | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 3137ATFZ0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      3444133 | PA      | $505549.89    | 0.01%             | 2042-08-15      | Floating      | 2.76%                 | No            | 2                  | On Loan: No      |
| ACEN MORTGAGE TRUST                                      | ALEN 2021 ACEN MORTGAGE TRUST                      | CUSIP: 01449NAJ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      6320000 | PA      | $4740000.00   | 0.13%             | 2034-04-15      | Floating      | 7.79%                 | Yes           | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133C1AA8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       262197 | PA      | $261361.31    | 0.01%             | 2053-04-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| HILCORP ENERGY I, L.P.                                   | HILCORP ENERGY I LP HILCORP FINANCE CO             | CUSIP: 431318BE3<br>LEI: 549300ITPIHLG0LHEC09 | Long             | DBT              | CORP              | US        |      7930000 | PA      | $7747531.49   | 0.21%             | 2034-05-15      | Fixed         | 6.88%                 | Yes           | 2                  | On Loan: No      |
| CSMC TRUST                                               | CSMC 2021 RPL2TRUST                                | CUSIP: 12656TAF5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      2638958 | PA      | $1750154.57   | 0.05%             | 2060-01-25      | Variable      | 3.51%                 | Yes           | 2                  | On Loan: No      |
| Simpar Europe SA                                         | SIMPAR EUROPE SA                                   | CUSIP: 82883PAA2<br>LEI: 54930068BSUST41D5C30 | Long             | DBT              | CORP              | LU        |      2785000 | PA      | $2349147.50   | 0.06%             | 2031-01-26      | Fixed         | 5.20%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 38382DAG4<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |      3665149 | PA      | $679072.16    | 0.02%             | 2050-01-20      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31414AQQ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        29299 | PA      | $30646.73     | 0.00%             | 2037-12-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133C07D8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       144558 | PA      | $151710.79    | 0.00%             | 2053-04-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| COMMONBOND STUDENT LOAN TRUST                            | COMMONBOND STUDENT LOAN TRUST 2017 B GS            | CUSIP: 20268KAD2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |        70511 | PA      | $60178.19     | 0.00%             | 2042-09-25      | Variable      | 4.44%                 | Yes           | 2                  | On Loan: No      |
| SANDERS RE IV LTD                                        | SANDERS RE IV LTD                                  | CUSIP: 80001WAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |       400000 | PA      | $399320.00    | 0.01%             | 2034-04-07      | Floating      | 7.02%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36296DA40<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |       101472 | PA      | $106960.16    | 0.00%             | 2038-07-15      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Bonanza Re Ltd                                           | BONANZA RE LTD                                     | CUSIP: 09785EAQ4<br>LEI: 5493003F0CXUQ2C83105 | Long             | DBT              | CORP              | BM        |      1000000 | PA      | $1009200.00   | 0.03%             | 2027-12-19      | Variable      | 9.29%                 | Yes           | 2                  | On Loan: No      |
| EDEN RE II LTD                                           | EDEN RE II LTD                                     | CUSIP: 27954JAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |      2800000 | PA      | $401352.00    | 0.01%             | 2030-03-19      | None          | 0.00%                 | Yes           | 3                  | On Loan: No      |
| VEROS AUTO RECEIVABLES TRUST                             | VEROS AUTO RECEIVABLES TRUST 2024 1                | CUSIP: 92512WAD9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      3500000 | PA      | $3693474.05   | 0.10%             | 2031-05-15      | Fixed         | 9.87%                 | Yes           | 2                  | On Loan: No      |
| CDX CDX NAHYS45V1 5Y                                     | CDX CDX NAHYS45V1 5Y                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |    362033100 | OU      | $-19087652.15 | -0.51%            |  |  |  | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140QQEH4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1622387 | PA      | $1638211.04   | 0.04%             | 2052-09-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| NORTHERN TRUST CORPORATION                               | NORTHERN TRUST CORP                                | CUSIP: 665859AZ7<br>LEI: 549300GLF98S992BC502 | Long             | DBT              | CORP              | US        |      3560000 | PA      | $3466058.83   | 0.09%             | 2040-11-19      | Fixed         | 5.12%                 | No            | 2                  | On Loan: No      |
| HOME RE LIMITED                                          | HOME RE LTD                                        | CUSIP: 43731BAB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      1280629 | PA      | $1308952.82   | 0.04%             | 2033-10-25      | Floating      | 8.26%                 | Yes           | 2                  | On Loan: No      |
| Kendall Re Ltd.                                          | KENDALL RE LTD                                     | CUSIP: 48878QAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |      1000000 | PA      | $1025000.00   | 0.03%             | 2031-04-30      | Variable      | 10.07%                | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36176MW74<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |       123804 | PA      | $121838.51    | 0.00%             | 2041-07-15      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140XGUH0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      4062356 | PA      | $3756150.45   | 0.10%             | 2052-03-01      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36295C7F2<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        29172 | PA      | $29242.22     | 0.00%             | 2037-03-15      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| AZULE ENERGY FINANCE PLC                                 | AZULE ENERGY FINANCE PLC                           | CUSIP: 05501YAA6<br>LEI: 2138006X6O82RJSQDB63 | Long             | DBT              | CORP              | GB        |      1300000 | PA      | $1313034.92   | 0.04%             | 2030-01-23      | Fixed         | 8.12%                 | Yes           | 2                  | On Loan: No      |
| HESS MIDSTREAM OPERATIONS LP                             | HESS MIDSTREAM OPERATION                           | CUSIP: 428102AH0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      1545000 | PA      | $1554912.72   | 0.04%             | 2028-03-01      | Fixed         | 5.88%                 | Yes           | 2                  | On Loan: No      |
| CHASE MORTGAGE REFERENCE NOTES                           | CHASE MORTGAGE FINANCE                             | CUSIP: 46591HAJ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      3886814 | PA      | $4056547.11   | 0.11%             | 2057-10-25      | Floating      | 7.14%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36290YUW6<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        29062 | PA      | $28800.74     | 0.00%             | 2033-10-15      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140XHZ67<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      3329654 | PA      | $3319246.98   | 0.09%             | 2052-08-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| SLG OFFICE TRUST                                         | SLG OFFICE TRUST 2021 OVA                          | CUSIP: 78449RAN5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      8000000 | PA      | $6612395.20   | 0.18%             | 2041-07-15      | Fixed         | 2.85%                 | Yes           | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133W7XA8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       323183 | PA      | $333450.05    | 0.01%             | 2054-02-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133BEPR8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       107320 | PA      | $102287.10    | 0.00%             | 2052-06-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 3620C1TK2<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |         2595 | PA      | $2492.94      | 0.00%             | 2040-10-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36182Q2N5<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        60177 | PA      | $57347.17     | 0.00%             | 2044-05-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| ARIVO ACCEPTANCE AUTO LOAN RECEIVABLES TRUST             | ARIVO ACCEPTANCE AUTO LOAN RECEIVABLES TRUST 2022  | CUSIP: 04047EAD8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      2000000 | PA      | $2005245.80   | 0.05%             | 2029-09-17      | Fixed         | 7.38%                 | Yes           | 2                  | On Loan: No      |
| RAY FINANCING LLC                                        | RAY FINANCING LLC                                  | CUSIP: YX9670093<br>LEI: 254900IA5MVMGDF40Z19 | Long             | DBT              | CORP              | US        |      2440000 | PA      | $2814796.53   | 0.08%             | 2031-07-15      | Fixed         | 6.50%                 | Yes           | 2                  | On Loan: No      |
| Arab Republic of Egypt                                   | EGYPT GOVERNMENT INTERNATIONAL BOND                | CUSIP: 03846JX21<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |      5560000 | PA      | $5249525.60   | 0.14%             | 2032-01-15      | Fixed         | 7.05%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36183E3Y6<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        56416 | PA      | $53794.36     | 0.00%             | 2044-09-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| AUSTRALIAN DOLLAR                                        | AUSTRALIAN DOLLAR                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | AU        |    -72680000 | OU      | $-724157.72   | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| TRICIDA INC                                              | TRICIDA INC                                        | CUSIP: 896CPTAN0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      7025000 | PA      | $0.07         | 0.00%             | 2027-05-15      | Fixed         | 0.00%                 | No            | 3                  | On Loan: No      |
| Government National Mortgage Association 2               | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 3618N5KX6<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     12342388 | PA      | $12557382.70  | 0.34%             | 2055-04-20      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36176MDZ3<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |       468868 | PA      | $466390.77    | 0.01%             | 2041-06-15      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST                            | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 35565MBE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      2670000 | PA      | $3505179.20   | 0.09%             | 2050-07-25      | Floating      | 13.78%                | Yes           | 2                  | On Loan: No      |
| THOPAS RE 2023                                           | THOPAS RE 2023                                     | CUSIP: S00500687<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |      3192294 | PA      | $0.00         | 0.00%             | 2028-12-31      | None          | 0.00%                 | Yes           | 3                  | On Loan: No      |
| South Bow Canadian Infrastructure Holdings Ltd.          | SOUTH BOW CANADIAN                                 | CUSIP: 836720AG7<br>LEI: 2549004FYUSYLPBT1G26 | Long             | DBT              | CORP              | CA        |      9271000 | PA      | $9545143.47   | 0.26%             | 2055-03-01      | Fixed         | 7.62%                 | No            | 2                  | On Loan: No      |
| UNITED STATES DOLLARS                                    | UNITED STATES DOLLARS                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |    337500000 | OU      | $-83317.95    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 01F032641<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     69400000 | PA      | $63615095.68  | 1.71%             | 2049-04-25      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Highwoods Realty Limited Partnership                     | HIGHWOODS REALTY LP                                | CUSIP: 431282AS1<br>LEI: JUJNVZX73BIYHLR58F51 | Long             | DBT              | CORP              | US        |       610000 | PA      | $562284.62    | 0.02%             | 2030-02-15      | Fixed         | 3.05%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3129362R7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      1125888 | PA      | $1139283.87   | 0.03%             | 2039-11-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| FREMF MORTGAGE TRUST                                     | FREMF 2018 KHG1 MORTGAGE TRUST                     | CUSIP: 30309FAJ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      6364000 | PA      | $6114079.99   | 0.16%             | 2027-12-25      | Variable      | 3.90%                 | Yes           | 2                  | On Loan: No      |
| Vitality RE XIV Limited                                  | VITALITY RE XIV LTD                                | CUSIP: 92851QAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |      4000000 | PA      | $4043600.00   | 0.11%             | 2028-01-05      | Variable      | 7.40%                 | Yes           | 2                  | On Loan: No      |
| BAXTER INTERNATIONAL INC.                                | BAXTER INTERNATIONAL INC                           | CUSIP: 071813DD8<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |      1550000 | PA      | $1530017.25   | 0.04%             | 2030-12-15      | Fixed         | 4.90%                 | No            | 2                  | On Loan: No      |
| Republika Srbija                                         | SERBIA INTERNATIONAL BOND                          | CUSIP: BR4457197<br>LEI: 254900W94OCY91V32O78 | Long             | DBT              | NUSS              | RS        |      6600000 | PA      | $5763892.77   | 0.16%             | 2036-09-23      | Fixed         | 2.05%                 | Yes           | 2                  | On Loan: No      |
| CITIZENS FINANCIAL GROUP, INC.                           | CITIZENS FINANCIAL GROUP INC                       | CUSIP: 174610BH7<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |      4129000 | PA      | $4244228.33   | 0.11%             | 2032-07-23      | Fixed         | 5.72%                 | No            | 2                  | On Loan: No      |
| AMUR EQUIPMENT FINANCE RECEIVABLES LLC                   | AMUR EQUIPMENT FINANCE RECEIVABLES XIV LLC         | CUSIP: 03238BAF0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      2176000 | PA      | $2232194.55   | 0.06%             | 2032-10-20      | Fixed         | 8.88%                 | Yes           | 2                  | On Loan: No      |
| GS MORTGAGE-BACKED SECURITIES TRUST                      | GS MORTGAGE BACKED SECURITIES CORP TRUST 2019 PJ3  | CUSIP: 36257QAT3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      2174407 | PA      | $1908070.98   | 0.05%             | 2050-03-25      | Variable      | 3.96%                 | Yes           | 2                  | On Loan: No      |
| READY CAPITAL MORTGAGE TRUST                             | READY CAPITAL MORTGAGE TRUST 2019 5                | CUSIP: 75575MAN8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      5400000 | PA      | $4925796.84   | 0.13%             | 2052-02-25      | Variable      | 5.26%                 | Yes           | 2                  | On Loan: No      |
| WELLS FARGO COMMERCIAL MORTGAGE TRUST                    | WELLS FARGO COMMERCIAL MORTGAGE TRUST 2026 1250B   | CUSIP: 949939AG7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       390000 | PA      | $386178.00    | 0.01%             | 2041-03-10      | Variable      | 6.59%                 | Yes           | 2                  | On Loan: No      |
| ARBOR REALTY COMMERCIAL REAL ESTATE NOTES LTD            | ARBOR REALTY COLLATERALIZED LOAN OBLIGATION LTD    | CUSIP: 03881UAL5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      1390000 | PA      | $1397924.95   | 0.04%             | 2041-01-18      | Floating      | 7.36%                 | Yes           | 2                  | On Loan: No      |
| NOVARTIS CAPITAL CORPORATION                             | NOVARTIS CAPITAL CORP                              | CUSIP: 66989HBL1<br>LEI: 5493002KF87V5RSRQS84 | Long             | DBT              | CORP              | US        |      2760000 | PA      | $2779690.31   | 0.07%             | 2056-03-18      | Fixed         | 5.70%                 | No            | 2                  | On Loan: No      |
| J.P. MORGAN MORTGAGE TRUST                               | JP MORGAN MORTGAGE TRUST 2021 10                   | CUSIP: 46654ABS7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    120763069 | PA      | $733575.26    | 0.02%             | 2051-12-25      | Variable      | 0.11%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140N4GL5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        89795 | PA      | $89539.05     | 0.00%             | 2053-04-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| VELOCITY COMMERCIAL CAPITAL LOAN TRUST                   | VELOCITY COMMERCIAL CAPITAL LOAN TRUST 2025 1      | CUSIP: 922955AA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      2870413 | PA      | $2890118.06   | 0.08%             | 2055-02-25      | Variable      | 6.03%                 | Yes           | 2                  | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                            | FORD MOTOR CREDIT CO LLC                           | CUSIP: 345397H89<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |     11710000 | PA      | $11242532.82  | 0.30%             | 2035-10-31      | Fixed         | 5.87%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3142K0A46<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       200000 | PA      | $207756.45    | 0.01%             | 2056-04-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 38384JW83<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |      8573223 | PA      | $838312.04    | 0.02%             | 2051-08-20      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| SANDERS RE IV LTD                                        | SANDERS RE IV LTD                                  | CUSIP: 80001WAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |       350000 | PA      | $349405.00    | 0.01%             | 2033-04-07      | Floating      | 7.02%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36183LFB7<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |         8299 | PA      | $7954.62      | 0.00%             | 2044-12-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| EDEN RE II LTD                                           | EDEN RE II LTD                                     | CUSIP: 27954UAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |        29000 | PA      | $102040.56    | 0.00%             | 2028-03-17      | None          | 0.00%                 | Yes           | 3                  | On Loan: No      |
| Government National Mortgage Association 2               | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36184NEC1<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |       716927 | PA      | $661563.45    | 0.02%             | 2045-04-20      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36181CGT9<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |       226381 | PA      | $215734.80    | 0.01%             | 2044-04-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| HUNTINGTON BANK AUTO CREDIT-LINKED NOTES                 | HUNTINGTON BANK AUTO CREDIT LINKED NOTES SERIES 20 | CUSIP: 44644NAD1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       413041 | PA      | $420040.19    | 0.01%             | 2032-05-20      | Floating      | 8.92%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3138W9T91<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1559049 | PA      | $1571828.20   | 0.04%             | 2043-09-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| BANCO MERCANTIL DEL NORTE S.A.                           | BANCO MERCANTIL DEL NORTE SA GRAND CAYMAN          | CUSIP: 05971PAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |      3460000 | PA      | $3581100.00   | 0.10%             | 2199-12-31      | Fixed         | 8.38%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140M9BE6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       175813 | PA      | $183550.68    | 0.00%             | 2053-02-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| QNITY ELECTRONICS, INC.                                  | QNITY ELECTRONICS INC                              | CUSIP: 74743LAB6<br>LEI: 254900RSUG4J9TFFZX53 | Long             | DBT              | CORP              | US        |      2635000 | PA      | $2664346.00   | 0.07%             | 2033-08-15      | Fixed         | 6.25%                 | Yes           | 2                  | On Loan: No      |
| DATABANK ISSUER, LLC                                     | DATABANK ISSUER                                    | CUSIP: 23802WAN1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      3590000 | PA      | $3534405.26   | 0.10%             | 2054-01-26      | Variable      | 5.30%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 36210BGJ8<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |           70 | PA      | $71.79        | 0.00%             | 2029-05-15      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| YAPI VE KREDI BANKASI ANONIM SIRKETI                     | YAPI VE KREDI BANKASI AS                           | CUSIP: 984848AS0<br>LEI: B85ZYWEZ5IZCZ2WNIO12 | Long             | DBT              | CORP              | TR        |      3595000 | PA      | $3624001.33   | 0.10%             | 2199-12-31      | Fixed         | 9.74%                 | Yes           | 2                  | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                            | FORD MOTOR CREDIT CO LLC                           | CUSIP: 345397C68<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |      3700000 | PA      | $3903244.89   | 0.11%             | 2030-03-06      | Fixed         | 7.35%                 | No            | 2                  | On Loan: No      |
| Merna Re Companywide Ltd.                                | MERNA REINSURANCE II LTD                           | CUSIP: 59013FAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |       500000 | PA      | $520950.00    | 0.01%             | 2033-07-07      | Variable      | 10.59%                | Yes           | 2                  | On Loan: No      |
| AMUR EQUIPMENT FINANCE RECEIVABLES LLC                   | AMUR EQUIPMENT FINANCE RECEIVABLES XI LLC          | CUSIP: 03236XAF4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      1413000 | PA      | $1424222.33   | 0.04%             | 2029-10-22      | Fixed         | 9.32%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 38382AFF7<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     18248872 | PA      | $2924655.51   | 0.08%             | 2049-10-20      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| CSC HOLDINGS, LLC                                        | CSC HOLDINGS LLC                                   | CUSIP: 126307BD8<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |      6200000 | PA      | $2187777.88   | 0.06%             | 2030-12-01      | Fixed         | 4.62%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 38382UTX9<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |      3446083 | PA      | $627440.39    | 0.02%             | 2051-06-20      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140NBYU9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       141013 | PA      | $142589.12    | 0.00%             | 2053-04-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| FOUNDRY JV HOLDCO LLC                                    | FOUNDRY JV HOLDCO LLC                              | CUSIP: 350930AB9<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |      8134000 | PA      | $8417855.61   | 0.23%             | 2030-01-25      | Fixed         | 5.90%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 3620AMPA4<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |         1567 | PA      | $1506.66      | 0.00%             | 2040-11-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3138XDMH0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        36312 | PA      | $34992.04     | 0.00%             | 2044-06-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| VIRIBUS RE 2023                                          | VIRIBUS RE 2023                                    | CUSIP: S00499836<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |      1500000 | PA      | $0.00         | 0.00%             | 2028-12-31      | None          | 0.00%                 | Yes           | 3                  | On Loan: No      |
| Cape Lookout Re Ltd.                                     | CAPE LOOKOUT RE LTD                                | CUSIP: 13947LAE2<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |      3150000 | PA      | $3159450.00   | 0.09%             | 2030-04-28      | Variable      | 10.68%                | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140XNN59<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1613678 | PA      | $1597007.96   | 0.04%             | 2044-01-01      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 31292H5Q3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |        10926 | PA      | $11300.39     | 0.00%             | 2034-01-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140NDHF7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       905371 | PA      | $917606.85    | 0.02%             | 2053-04-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| JANE STREET GROUP, LLC                                   | JANE STREET GROUP JSG FINANCE INC                  | CUSIP: 47077WAE8<br>LEI: 5493002N1IVX6KHGYO08 | Long             | DBT              | CORP              | US        |     12765000 | PA      | $12950960.52  | 0.35%             | 2033-05-01      | Fixed         | 6.75%                 | Yes           | 2                  | On Loan: No      |
| JPMORGAN CHASE & CO.                                     | JPMORGAN CHASE CO                                  | CUSIP: 46647PFD3<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |     50000000 | PA      | $49219014.00  | 1.33%             | 2031-10-22      | Fixed         | 4.25%                 | No            | 2                  | On Loan: No      |
| Meiji Yasuda Life Insurance Company                      | MEIJI YASUDA LIFE INSURANCE CO                     | CUSIP: 585270AE1<br>LEI: 549300SLU4LP6YMRLK07 | Long             | DBT              | CORP              | JP        |     17015000 | PA      | $17030534.70  | 0.46%             | 2055-06-11      | Fixed         | 6.10%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association 2               | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 21H062644<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     13000000 | PA      | $13510001.44  | 0.36%             | 2056-04-20      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                              | FREDDIE MAC MULTIFAMILY STRUCTURED CREDIT RISK     | CUSIP: 35563GAB5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      6000000 | PA      | $6205013.40   | 0.17%             | 2051-11-25      | Floating      | 7.66%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140XNPB4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       440188 | PA      | $450660.80    | 0.01%             | 2053-04-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| TRICOLOR AUTO SECURITIZATION TRUST                       | TRICOLOR AUTO SECURITIZATION TRUST 2024 1          | CUSIP: 89616LAE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      4022000 | PA      | $1079504.80   | 0.03%             | 2029-09-17      | Fixed         | 11.91%                | Yes           | 2                  | On Loan: No      |
| Purple Re Ltd.                                           | PURPLE RE LTD                                      | CUSIP: 74639NAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |      1000000 | PA      | $1006000.00   | 0.03%             | 2030-04-24      | Variable      | 16.51%                | Yes           | 2                  | On Loan: No      |
| GALILEO RE LTD                                           | GALILEO RE LTD                                     | CUSIP: 36354TAN2<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |      1000000 | PA      | $1034000.00   | 0.03%             | 2032-01-07      | Floating      | 10.52%                | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 3620ALT46<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        27901 | PA      | $26638.04     | 0.00%             | 2040-08-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133BWDH3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       503397 | PA      | $515930.68    | 0.01%             | 2053-02-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| VRTX TRUST                                               | VRTX TRUST 2025 HQ                                 | CUSIP: 91835XAG2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      4680000 | PA      | $4698208.48   | 0.13%             | 2030-09-05      | Variable      | 6.82%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140LW6A0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       858309 | PA      | $905178.34    | 0.02%             | 2053-03-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36182R5H3<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        12659 | PA      | $11919.25     | 0.00%             | 2044-08-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| MORGAN STANLEY BANK OF AMERICA MERRILL LYNCH TRUST       | MORGAN STANLEY BANK OF AMERICA MERRILL LYNCH TRUST | CUSIP: 61767CAC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      2000000 | PA      | $1803262.20   | 0.05%             | 2050-05-15      | Fixed         | 3.36%                 | Yes           | 2                  | On Loan: No      |
| Sanders Re III Ltd.                                      | SANDERS RE III LTD                                 | CUSIP: 80001QAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |       250000 | PA      | $255250.00    | 0.01%             | 2027-04-07      | Variable      | 9.11%                 | Yes           | 2                  | On Loan: No      |
| ENERFLEX INC                                             | ENERFLEX INC                                       | CUSIP: 29281WAA6<br>LEI: 549300SQCOV1LC1GBK07 | Long             | DBT              | CORP              | US        |      2055000 | PA      | $2098205.53   | 0.06%             | 2031-01-15      | Fixed         | 6.88%                 | Yes           | 2                  | On Loan: No      |
| GLS AUTO RECEIVABLES TRUST                               | GLS AUTO RECEIVABLES ISSUER TRUST 2024 3           | CUSIP: 37989AAN4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     12197000 | PA      | $12479730.12  | 0.34%             | 2031-06-16      | Fixed         | 7.25%                 | Yes           | 2                  | On Loan: No      |
| SECTOR RE V LIMITED                                      | SECTOR RE 2024 DEC CLASS GL R                      | CUSIP: 81369AES7<br>LEI: 549300QS6XPZQHTCEJ97 | Long             | DBT              | CORP              | BM        |         2974 | PA      | $275994.93    | 0.01%             | 2029-12-01      | None          | 0.00%                 | Yes           | 3                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31407FF54<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       426811 | PA      | $430288.12    | 0.01%             | 2035-07-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST                      | CONNECTICUT AVENUE SECURITIES TRUST 2024 R05       | CUSIP: 20754XAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      3579322 | PA      | $3584628.44   | 0.10%             | 2044-07-25      | Floating      | 5.36%                 | Yes           | 2                  | On Loan: No      |
| ALBERTSONS COMPANIES, INC.                               | ALBERTSONS COS INC                                 | CUSIP: 01309QAD0<br>LEI: 549300YKWOC0AOR16R51 | Long             | DBT              | CORP              | US        |      6965000 | PA      | $6814181.98   | 0.18%             | 2034-03-31      | Fixed         | 5.75%                 | Yes           | 2                  | On Loan: No      |
| UNITED STATES DOLLARS                                    | UNITED STATES DOLLARS                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |     59171000 | OU      | $1252513.73   | 0.03%             |  |  |  | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140XNPA6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2062287 | PA      | $2138151.35   | 0.06%             | 2053-08-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Merna Re II Ltd.                                         | MERNA REINSURANCE II LTD                           | CUSIP: 59013MAK8<br>LEI: 549300478X5RX87PYX60 | Long             | DBT              | CORP              | BM        |       500000 | PA      | $517250.00    | 0.01%             | 2032-07-07      | Variable      | 11.33%                | Yes           | 2                  | On Loan: No      |
| International Bank for Reconstruction and Development    | INTERNATIONAL BANK FOR RECONSTRUCTION DEVELOPMENT  | CUSIP: N/A<br>LEI: ZTMSNXROF84AHWJNKQ93       | Long             | DBT              |  | US        |       250000 | PA      | $269775.00    | 0.01%             | 2028-06-24      | Floating      | 16.10%                | Yes           | 2                  | On Loan: No      |
| United States of America                                 | U S TREASURY BOND                                  | CUSIP: 912810UP1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      2492700 | PA      | $2381696.95   | 0.06%             | 2055-11-15      | Fixed         | 4.62%                 | No            | 2                  | On Loan: No      |
| MERCHANTS FLEET FUNDING LLC                              | MERCHANTS FLEET FUNDING LLC                        | CUSIP: 588926AL9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      6700000 | PA      | $6709755.20   | 0.18%             | 2039-01-20      | Fixed         | 4.49%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140QRCW1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       396421 | PA      | $410157.33    | 0.01%             | 2053-01-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| KODIAK GAS SERVICES, LLC                                 | KODIAK GAS SERVICES LLC                            | CUSIP: 50012LAF1<br>LEI: 549300ZQBRWEUOVOM131 | Long             | DBT              | CORP              | US        |      1415000 | PA      | $1422007.59   | 0.04%             | 2031-04-01      | Fixed         | 5.88%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36290TC72<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        41342 | PA      | $42460.87     | 0.00%             | 2034-10-15      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36295ADG7<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        77565 | PA      | $80411.42     | 0.00%             | 2037-10-15      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3142JXEV2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       300000 | PA      | $296526.82    | 0.01%             | 2056-03-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| STATE STREET CORPORATION                                 | STATE STREET CORP                                  | CUSIP: 857477855<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EP               | CORP              | US        |        51082 | NS      | $1104392.84   | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| FIRST QUANTUM MINERALS LTD.                              | FIRST QUANTUM MINERALS LTD                         | CUSIP: 335934AU9<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |     10725000 | PA      | $11120151.90  | 0.30%             | 2031-06-01      | Fixed         | 8.62%                 | Yes           | 2                  | On Loan: No      |
| MORGAN STANLEY CAPITAL I TRUST                           | MORGAN STANLEY CAPITAL I TRUST 2016 UBS9           | CUSIP: 61766CAV1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      1550000 | PA      | $1201234.50   | 0.03%             | 2049-03-15      | Fixed         | 3.00%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36291UEC5<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        57116 | PA      | $58832.54     | 0.00%             | 2035-02-15      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| ACORN RE LTD.                                            | ACORN RE LTD                                       | CUSIP: 00485YAE9<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |       500000 | PA      | $505550.00    | 0.01%             | 2028-05-05      | Variable      | 6.82%                 | Yes           | 2                  | On Loan: No      |
| Residential Reinsurance 2023 Limited                     | RESIDENTIAL REINSURANCE 2023 LTD                   | CUSIP: 76090WAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |      1500000 | PA      | $1551450.00   | 0.04%             | 2030-12-06      | Variable      | 12.09%                | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36201C7J7<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |          898 | PA      | $911.83       | 0.00%             | 2032-07-15      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| J.P. MORGAN WEALTH MANAGEMENT MORTGAGE TRUST             | JPMORGAN CHASE BANK NA JPMWM                       | CUSIP: 46591HBM1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      1802953 | PA      | $1786196.45   | 0.05%             | 2051-03-25      | Floating      | 5.46%                 | Yes           | 2                  | On Loan: No      |
| EURO                                                     | EURO                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |    -28985000 | OU      | $-56239.41    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| SKYLINE RE LTD                                           | SKYLINE RE LTD                                     | CUSIP: 83087AAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |       500000 | PA      | $499350.00    | 0.01%             | 2033-01-07      | Floating      | 7.16%                 | Yes           | 2                  | On Loan: No      |
| LINCOLN NATIONAL CORPORATION                             | LINCOLN NATIONAL CORP                              | CUSIP: 534187BZ1<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | DBT              | CORP              | US        |      2315000 | PA      | $2256440.04   | 0.06%             | 2035-11-15      | Fixed         | 5.35%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36179BNU4<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |       195606 | PA      | $187563.76    | 0.01%             | 2043-04-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| High Point Re Ltd.                                       | HIGH POINT RE LTD                                  | CUSIP: 429932AA4<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |      2500000 | PA      | $2509250.00   | 0.07%             | 2027-01-06      | Variable      | 9.78%                 | Yes           | 2                  | On Loan: No      |
| HOME RE LIMITED                                          | HOME RE 2026 1 LTD                                 | CUSIP: 436956AA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      2540000 | PA      | $2539532.39   | 0.07%             | 2036-01-25      | Floating      | 4.87%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31407CNE3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       150129 | PA      | $150465.55    | 0.00%             | 2035-08-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Veraison Re Ltd.                                         | VERAISON RE LTD                                    | CUSIP: 92335TAG4<br>LEI: 2549007WYB39A966J434 | Long             | DBT              | CORP              | BM        |       400000 | PA      | $399680.00    | 0.01%             | 2029-03-08      | Variable      | 4.04%                 | Yes           | 2                  | On Loan: No      |
| CBRE SERVICES, INC.                                      | CBRE SERVICES INC                                  | CUSIP: 12505BAL4<br>LEI: 549300CTE3HOMEUMM603 | Long             | DBT              | CORP              | US        |      1770000 | PA      | $1745433.60   | 0.05%             | 2033-01-15      | Fixed         | 4.90%                 | No            | 2                  | On Loan: No      |
| RMF BUYOUT ISSUANCE TRUST                                | RMF BUYOUT ISSUANCE TRUST 2021 HB1                 | CUSIP: 74969TAF7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      6000000 | PA      | $5675328.00   | 0.15%             | 2031-11-25      | Variable      | 6.00%                 | Yes           | 2                  | On Loan: No      |
| HUNDRED ACRE WOOD TRUST                                  | HUNDRED ACRE WOOD TRUST 2021 INV1                  | CUSIP: 44590HBJ4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     62737404 | PA      | $843516.94    | 0.02%             | 2051-07-25      | Variable      | 0.23%                 | Yes           | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133KL2H9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     16958745 | PA      | $14463298.69  | 0.39%             | 2051-05-01      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| UNITED STATES DOLLARS                                    | UNITED STATES DOLLARS                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |     13200000 | OU      | $233276.94    | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36201AWY0<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        10862 | PA      | $11172.84     | 0.00%             | 2032-09-15      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| CITRUS RE LTD                                            | CITRUS RE LTD                                      | CUSIP: 177510AS3<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |       400000 | PA      | $399600.00    | 0.01%             | 2033-06-07      | Floating      | 8.91%                 | Yes           | 2                  | On Loan: No      |
| MACCLESFIELD RE 2026                                     | MACCLESFIELD RE 2026                               | CUSIP: S00817947<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |       501876 | PA      | $498413.06    | 0.01%             | 2028-02-28      | None          | 0.00%                 | Yes           | 3                  | On Loan: No      |
| CAPITAL ONE FINANCIAL CORPORATION                        | CAPITAL ONE FINANCIAL CORP                         | CUSIP: 14040HDJ1<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |      4660000 | PA      | $4739939.50   | 0.13%             | 2036-01-30      | Fixed         | 6.18%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36208R2G8<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |          686 | PA      | $708.41       | 0.00%             | 2029-01-15      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140NRSA5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1862613 | PA      | $1877225.58   | 0.05%             | 2053-09-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 38381N7D4<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |      8473786 | PA      | $1895276.64   | 0.05%             | 2050-01-20      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| TRIANGLE RE LTD                                          | TRIANGLE RE 2023 1 LTD                             | CUSIP: 89589AAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      2713579 | PA      | $2731503.33   | 0.07%             | 2033-11-25      | Floating      | 7.06%                 | Yes           | 2                  | On Loan: No      |
| Republica Argentina                                      | ARGENTINE REPUBLIC GOVERNMENT INTERNATIONAL BOND   | CUSIP: 040114HT0<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |      5955800 | PA      | $4288176.00   | 0.12%             | 2035-07-09      | Variable      | 4.12%                 | No            | 2                  | On Loan: No      |
| GS MORTGAGE-BACKED SECURITIES TRUST                      | GS MORTGAGE BACKED SECURITIES TRUST 2025 CES1      | CUSIP: 36271RAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      3897220 | PA      | $3907591.47   | 0.11%             | 2055-05-25      | Variable      | 5.57%                 | Yes           | 2                  | On Loan: No      |
| JAPANESE YEN                                             | JAPANESE YEN                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | JP        |     33369602 | OU      | $-114778.90   | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140NQDL9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      9518429 | PA      | $9592492.21   | 0.26%             | 2053-09-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| U.S. ACUTE CARE SOLUTIONS, LLC                           | US ACUTE CARE SOLUTIONS LLC                        | CUSIP: 90367UAD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      6325000 | PA      | $6110256.13   | 0.16%             | 2029-05-15      | Fixed         | 9.75%                 | 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        |     17225000 | PA      | $17475451.50  | 0.47%             | 2027-09-01      | Fixed         | 8.75%                 | Yes           | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133CTGF0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       583659 | PA      | $607507.13    | 0.02%             | 2054-08-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| LINCOLN FINANCIAL GLOBAL FUNDING                         | LINCOLN FINANCIAL GLOBAL FUNDING                   | CUSIP: 53359KAD3<br>LEI: 984500OC010458395923 | Long             | DBT              | CORP              | US        |      2240000 | PA      | $2214941.12   | 0.06%             | 2029-01-12      | Fixed         | 4.20%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140FG5Y1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       133840 | PA      | $121118.90    | 0.00%             | 2046-11-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| ZF NORTH AMERICA CAPITAL, INC.                           | ZF NORTH AMERICA CAPITAL INC                       | CUSIP: 98877DAE5<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |      2335000 | PA      | $2302221.50   | 0.06%             | 2030-04-14      | Fixed         | 7.12%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140LUHN4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        68439 | PA      | $64859.38     | 0.00%             | 2051-08-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| ENERGY TRANSFER LP                                       | ENERGY TRANSFER LP                                 | CUSIP: 29273VBK5<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |      3960000 | PA      | $3932497.48   | 0.11%             | 2036-01-15      | Fixed         | 5.35%                 | No            | 2                  | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                            | FORD MOTOR CREDIT CO LLC                           | CUSIP: 345397E66<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |      2052000 | PA      | $2032189.38   | 0.05%             | 2034-03-08      | Fixed         | 6.12%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140NMLJ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       106226 | PA      | $108927.27    | 0.00%             | 2053-06-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140XNNZ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       536130 | PA      | $503085.59    | 0.01%             | 2048-01-01      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| TOWD POINT MORTGAGE TRUST                                | TOWD POINT MORTGAGE TRUST 2019 HY1                 | CUSIP: 89177EAF6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      5639000 | PA      | $5818911.17   | 0.16%             | 2048-10-25      | Floating      | 5.94%                 | Yes           | 2                  | On Loan: No      |
| FOUR LAKES RE LTD                                        | FOUR LAKES RE LTD                                  | CUSIP: 35087TAJ7<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |       400000 | PA      | $397480.00    | 0.01%             | 2033-01-10      | Floating      | 6.80%                 | Yes           | 2                  | On Loan: No      |
| Blue Ridge Re Ltd.                                       | BLUE RIDGE RE LTD                                  | CUSIP: 096003AD0<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |       250000 | PA      | $246925.00    | 0.01%             | 2029-01-08      | Variable      | 7.47%                 | Yes           | 2                  | On Loan: No      |
| Romania                                                  | ROMANIAN GOVERNMENT INTERNATIONAL BOND             | CUSIP: YX2480037<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |      6065000 | PA      | $6599037.70   | 0.18%             | 2037-05-30      | Fixed         | 5.62%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140MJF83<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       367894 | PA      | $339118.57    | 0.01%             | 2052-04-01      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36182YTM1<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |       459878 | PA      | $438854.15    | 0.01%             | 2044-09-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association 2               | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36184JAM2<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |       361621 | PA      | $333467.80    | 0.01%             | 2045-04-20      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| BSREP COMMERCIAL MORTGAGE TRUST                          | BSREP COMMERCIAL MORTGAGE TRUST 2021 DC            | CUSIP: 05591UAN7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      1704240 | PA      | $617787.11    | 0.02%             | 2038-08-15      | Floating      | 7.64%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140XNNX8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       942630 | PA      | $888501.38    | 0.02%             | 2049-05-01      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36176UVY8<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        21299 | PA      | $20390.24     | 0.00%             | 2042-06-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 36212M6W4<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |           47 | PA      | $48.85        | 0.00%             | 2031-12-15      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3138WJ4U9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        27231 | PA      | $24797.13     | 0.00%             | 2047-03-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| THE HERTZ CORPORATION                                    | HERTZ CORP THE                                     | CUSIP: 42804VBC4<br>LEI: 549300PD0C69OJ0NLB27 | Long             | LON              | CORP              | US        |      1423138 | PA      | $1038890.50   | 0.03%             | 2028-06-30      | Floating      | 7.28%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36184DPN7<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |       121344 | PA      | $114971.35    | 0.00%             | 2045-02-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| SANDERS RE III LTD                                       | SANDERS RE III LTD                                 | CUSIP: 80001UAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |       350000 | PA      | $350700.00    | 0.01%             | 2033-04-07      | Floating      | 8.66%                 | Yes           | 2                  | On Loan: No      |
| SANDERS RE III LTD                                       | SANDERS RE III LTD                                 | CUSIP: 80001UAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |       400000 | PA      | $399320.00    | 0.01%             | 2034-04-07      | Floating      | 8.66%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 38382DL31<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     13300101 | PA      | $2483898.95   | 0.07%             | 2039-12-20      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association 2               | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36179TCX1<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        30274 | PA      | $28440.03     | 0.00%             | 2047-07-20      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| VELOCITY VEHICLE GROUP LLC                               | VELOCITY VEHICLE GROUP LLC                         | CUSIP: 92262TAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      4107000 | PA      | $3836578.69   | 0.10%             | 2029-06-01      | Fixed         | 8.00%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140APD84<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |            0 | PA      | $0.01         | 0.00%             | 2054-09-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| VZ Secured Financing B.V.                                | VZ SECURED FINANCING BV                            | CUSIP: 91845AAA3<br>LEI: 549300MG611MYCOWY949 | Long             | DBT              | CORP              | NL        |      4205000 | PA      | $3604509.18   | 0.10%             | 2032-01-15      | Fixed         | 5.00%                 | Yes           | 2                  | On Loan: No      |
| Freddie Mac                                              | FREDDIE MAC MULTIFAMILY STRUCTURED CREDIT RISK     | CUSIP: 35563FAB7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      2750000 | PA      | $2851560.25   | 0.08%             | 2051-01-25      | Floating      | 7.41%                 | Yes           | 2                  | On Loan: No      |
| ALAMO RE LTD.                                            | ALAMO RE LTD                                       | CUSIP: 011395AJ9<br>LEI: 5493003E22VRD25G0S03 | Long             | DBT              | CORP              | BM        |      1000000 | PA      | $1012000.00   | 0.03%             | 2026-06-07      | Variable      | 12.23%                | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140NBYV7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        77165 | PA      | $80084.35     | 0.00%             | 2053-04-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Eversource Energy                                        | EVERSOURCE ENERGY                                  | CUSIP: 30040WBD9<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |      1225000 | PA      | $1208408.65   | 0.03%             | 2056-08-15      | Fixed         | 6.35%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140X8JG3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       492887 | PA      | $407574.65    | 0.01%             | 2050-11-01      | Fixed         | 2.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3128KXJH5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |         1273 | PA      | $1308.60      | 0.00%             | 2037-10-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Four Lakes Re Ltd.                                       | FOUR LAKES RE LTD                                  | CUSIP: 35087TAG3<br>LEI: 549300MG4RRU6DT7MN54 | Long             | DBT              | CORP              | BM        |       750000 | PA      | $765900.00    | 0.02%             | 2032-01-07      | Variable      | 8.63%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association 2               | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION           | CUSIP: 36202DS36<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |         7072 | PA      | $7338.78      | 0.00%             | 2032-05-20      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36187SEP8<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        14243 | PA      | $13507.06     | 0.00%             | 2045-07-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| FIGRE TRUST                                              | FIGRE TRUST 2025 HE5                               | CUSIP: 31684MAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     14693227 | PA      | $14653360.04  | 0.39%             | 2055-08-25      | Variable      | 5.29%                 | Yes           | 2                  | On Loan: No      |
| INTEGRITY RE LTD                                         | INTEGRITY RE LTD                                   | CUSIP: 45833UAK7<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |      1000000 | PA      | $1020000.00   | 0.03%             | 2026-06-06      | Floating      | 16.84%                | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3138EH6D9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |         9615 | PA      | $9286.59      | 0.00%             | 2041-12-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36225BZ27<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |         7909 | PA      | $8173.53      | 0.00%             | 2032-11-15      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 3620AEJR2<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |         3722 | PA      | $3677.43      | 0.00%             | 2041-10-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36201NHL7<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |         4799 | PA      | $4854.24      | 0.00%             | 2032-08-15      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association 2               | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION G2        | CUSIP: 36202DAB7<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |          379 | PA      | $390.34       | 0.00%             | 2029-01-20      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| WILDFIRE INTERMEDIATE HOLDINGS, LLC                      | WILDFIRE INTERMEDIATE HOLDINGS LLC                 | CUSIP: 96812HAA6<br>LEI: 5493003RHEMQJZEXIR02 | Long             | DBT              | CORP              | US        |     12109000 | PA      | $12269662.21  | 0.33%             | 2029-10-15      | Fixed         | 7.50%                 | Yes           | 2                  | On Loan: No      |
| INTEGRITY RE LTD                                         | INTEGRITY RE LTD                                   | CUSIP: 45833UAF8<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |       309439 | PA      | $154719.56    | 0.00%             | 2030-06-06      | Floating      | 4.02%                 | Yes           | 2                  | On Loan: No      |
| United States of America                                 | 5 YEAR US TREASURY NOTE FUTURE JUN26               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |         -532 | NC      | $-83390.38    | -0.00%            |  |  |  | No            | 1                  | On Loan: No      |
| CDS ORACLE CORP 3 25                                     | CDS ORACLE CORP 3 25                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |    -27700021 | OU      | $-879170.97   | -0.02%            |  |  |  | No            | 2                  | On Loan: No      |
| ALTICE FRANCE SAS                                        | ALTICE FRANCE SA                                   | CUSIP: 02090DAB4<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |      7525920 | PA      | $7199283.78   | 0.19%             | 2030-10-15      | Fixed         | 6.88%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140FXKM3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      5663030 | PA      | $5152674.28   | 0.14%             | 2058-08-01      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| NOVARTIS CAPITAL CORPORATION                             | NOVARTIS CAPITAL CORP                              | CUSIP: 66989HBH0<br>LEI: 5493002KF87V5RSRQS84 | Long             | DBT              | CORP              | US        |      4110000 | PA      | $4092534.80   | 0.11%             | 2033-03-18      | Fixed         | 4.60%                 | No            | 2                  | On Loan: No      |
| U.S. BANCORP                                             | US BANCORP                                         | CUSIP: 902973734<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EP               | CORP              | US        |        56272 | NS      | $831137.44    | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| CITADEL SECURITIES GLOBAL HOLDINGS LLC                   | CITADEL SECURITIES GLOBAL HOLDINGS LLC             | CUSIP: 17289RAB2<br>LEI: 549300NV5RXBUS3X7L47 | Long             | DBT              | CORP              | US        |      5517000 | PA      | $5644286.07   | 0.15%             | 2035-06-18      | Fixed         | 6.20%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36200MLZ4<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |         3938 | PA      | $4017.74      | 0.00%             | 2033-05-15      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36241KRN0<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |       321298 | PA      | $320653.07    | 0.01%             | 2038-03-15      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| J.P. MORGAN WEALTH MANAGEMENT MORTGAGE TRUST             | JPMORGAN CHASE BANK NA JPMWM                       | CUSIP: 46591HBN9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      1599803 | PA      | $1583747.18   | 0.04%             | 2051-03-25      | Floating      | 6.41%                 | Yes           | 2                  | On Loan: No      |
| THE MICHAELS COMPANIES, INC.                             | MICHAELS COS INC THE                               | CUSIP: 59408QAB2<br>LEI: 549300H9LWMBP7HYLR98 | Long             | DBT              | CORP              | US        |      8625000 | PA      | $8396385.75   | 0.23%             | 2033-03-15      | Fixed         | 8.50%                 | Yes           | 2                  | On Loan: No      |
| Total Play Telecomunicaciones S.A.P.I. de C.V.           | TOTAL PLAY TELECOMUNICACIONES SA DE CV             | CUSIP: 89157PAD0<br>LEI: 4469000001BSAPAMOQ06 | Long             | DBT              | CORP              | MX        |     18125000 | PA      | $16391411.90  | 0.44%             | 2032-12-31      | Fixed         | 11.12%                | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140XJGG2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       699471 | PA      | $677024.42    | 0.02%             | 2052-09-01      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Palm Re Ltd.                                             | PALM RE LTD                                        | CUSIP: 69664FAB4<br>LEI: 984500D3C66DA10DAP11 | Long             | DBT              | CORP              | BM        |       750000 | PA      | $772050.00    | 0.02%             | 2032-06-07      | Variable      | 11.67%                | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31418E2E9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      5605865 | PA      | $5726570.67   | 0.15%             | 2054-02-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Merna Re II Ltd.                                         | MERNA REINSURANCE II LTD                           | CUSIP: 59013MAL6<br>LEI: 549300478X5RX87PYX60 | Long             | DBT              | CORP              | BM        |       500000 | PA      | $517700.00    | 0.01%             | 2031-07-07      | Variable      | 11.63%                | Yes           | 2                  | On Loan: No      |
| Corporacion Nacional del Cobre de Chile                  | CORP NACIONAL DEL COBRE DE CHILE                   | CUSIP: 21987BBM9<br>LEI: 549300UVMBCBCIPSUI70 | Long             | DBT              | CORP              | CL        |      7500000 | PA      | $7942650.00   | 0.21%             | 2055-01-13      | Fixed         | 6.78%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36176M3E1<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |         2125 | PA      | $2029.13      | 0.00%             | 2041-08-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| META PLATFORMS, INC.                                     | META PLATFORMS INC                                 | CUSIP: 30303MAE2<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |      4455000 | PA      | $4176074.10   | 0.11%             | 2055-11-15      | Fixed         | 5.62%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140QKNV6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     18164176 | PA      | $15689928.28  | 0.42%             | 2051-05-01      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| SIERRACOL ENERGY ANDINA, LLC                             | SIERRACOL ENERGY ANDINA LLC SIERRACOL ENERGY ARA   | CUSIP: 82653NAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      8226000 | PA      | $8184870.00   | 0.22%             | 2030-11-14      | Fixed         | 9.00%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140QPTA5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       995393 | PA      | $1007200.58   | 0.03%             | 2052-07-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| CARNOUSTIE RE 2026                                       | CARNOUSTIE RE 2026                                 | CUSIP: S00811005<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |      2000000 | PA      | $2092203.99   | 0.06%             | 2031-12-31      | None          | 0.00%                 | Yes           | 3                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36176HKG8<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |         2056 | PA      | $1960.78      | 0.00%             | 2041-10-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140NEGS8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       386819 | PA      | $395114.87    | 0.01%             | 2053-04-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Republic of Ukraine                                      | UKRAINE GOVERNMENT                                 | CUSIP: 903724CD2<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |       370029 | PA      | $216409.45    | 0.01%             | 2036-02-01      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| BNP PARIBAS SA                                           | BNP PARIBAS SA                                     | CUSIP: 05602XJC3<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |      2101000 | PA      | $2106685.31   | 0.06%             | 2199-12-31      | Fixed         | 7.38%                 | Yes           | 2                  | On Loan: No      |
| AKER BP ASA                                              | AKER BP ASA                                        | CUSIP: 00973RAQ6<br>LEI: 549300NFTY73920OYK69 | Long             | DBT              | CORP              | NO        |      8710000 | PA      | $8470099.95   | 0.23%             | 2035-10-30      | Fixed         | 5.25%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36198W6X8<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        60191 | PA      | $57266.89     | 0.00%             | 2044-08-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133C06X5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       151222 | PA      | $156944.55    | 0.00%             | 2053-04-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133C1AC4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |        70270 | PA      | $69744.19     | 0.00%             | 2053-03-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Freddie Mac                                              | FEDERAL HOME LOAN MORTGAGE CORPORATION             | CUSIP: 3133C06Z0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       158156 | PA      | $163530.15    | 0.00%             | 2053-04-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36209SAF8<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |         1428 | PA      | $1368.59      | 0.00%             | 2041-10-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| VIRIBUS RE 2018 12 31 26                                 | VIRIBUS RE 2018 12 31 26                           | CUSIP: S00121075<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |      1250000 | PA      | $0.00         | 0.00%             | 2026-12-31      | None          | 0.00%                 | Yes           | 3                  | On Loan: No      |
| KENNEDY-WILSON, INC.                                     | KENNEDY WILSON INC                                 | CUSIP: 489399AN5<br>LEI: 5EA4464UK7FM5QNNKL62 | Long             | DBT              | CORP              | US        |      4050000 | PA      | $4023857.82   | 0.11%             | 2030-02-01      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| NMEF FUNDING LLC                                         | NMEF FUNDING 2022 B LLC                            | CUSIP: 62890MAD6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      5950000 | PA      | $6018509.49   | 0.16%             | 2029-06-15      | Fixed         | 8.54%                 | Yes           | 2                  | On Loan: No      |
| ALMAVIVA - THE ITALIAN INNOVATION COMPANY S.P.A          | ALMAVIVA THE ITALIAN INNOVATION CO SPA             | CUSIP: YU6544214<br>LEI: 815600A862DA4DD9E211 | Long             | DBT              | CORP              | IT        |      1425000 | PA      | $1560846.12   | 0.04%             | 2030-10-30      | Fixed         | 5.00%                 | Yes           | 2                  | On Loan: No      |
| UNITED AIRLINES HOLDINGS, INC.                           | UNITED AIRLINES HOLDINGS INC                       | CUSIP: 910047AL3<br>LEI: 98450079DA0B78DD6764 | Long             | DBT              | CORP              | US        |      2520000 | PA      | $2467878.08   | 0.07%             | 2031-03-01      | Fixed         | 5.38%                 | No            | 2                  | On Loan: No      |
| NIPPON LIFE INSURANCE COMPANY                            | NIPPON LIFE INSURANCE CO                           | CUSIP: 654579AP6<br>LEI: 549300Y0HHMFW3EVWY08 | Long             | DBT              | CORP              | JP        |      3590000 | PA      | $3701562.84   | 0.10%             | 2055-04-30      | Fixed         | 6.50%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 31424UPH3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     25613209 | PA      | $4511468.18   | 0.12%             | 2052-07-25      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                    | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 3140MUY79<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       120131 | PA      | $113726.95    | 0.00%             | 2052-06-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| PORTSALON RE 2022                                        | PORTSALON RE 2022                                  | CUSIP: S00446790<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |       400000 | PA      | $285520.00    | 0.01%             | 2028-05-31      | None          | 0.00%                 | Yes           | 3                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36200MQ55<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        25050 | PA      | $25482.73     | 0.00%             | 2033-07-15      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Enbridge Inc.                                            | ENBRIDGE INC                                       | CUSIP: 29250NBT1<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |      6338000 | PA      | $7130738.03   | 0.19%             | 2084-01-15      | Fixed         | 8.50%                 | No            | 2                  | On Loan: No      |
| HONEYWELL AEROSPACE INC.                                 | HONEYWELL AEROSPACE INC                            | CUSIP: 43849RAG0<br>LEI: 213800ZUAQRBYL67JS90 | Long             | DBT              | CORP              | US        |      5210000 | PA      | $5169377.63   | 0.14%             | 2036-03-16      | Fixed         | 4.95%                 | Yes           | 2                  | On Loan: No      |
| Blue Ridge Re Ltd.                                       | BLUE RIDGE RE LTD                                  | CUSIP: 096003AC2<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |       250000 | PA      | $251150.00    | 0.01%             | 2029-01-08      | Variable      | 5.67%                 | Yes           | 2                  | On Loan: No      |
| KEY COMMERCIAL MORTGAGE SECURITIES TRUST                 | KEY COMMERCIAL MORTGAGE SECURITIES TRUST 2019 S2   | CUSIP: 49307XAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      4816889 | PA      | $4617353.03   | 0.12%             | 2052-06-15      | Fixed         | 3.47%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36200WJL6<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |        26141 | PA      | $26459.28     | 0.00%             | 2034-04-15      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| EDEN RE II LTD                                           | EDEN RE II LTD                                     | CUSIP: 27955GAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |        30000 | PA      | $121335.30    | 0.00%             | 2027-03-19      | None          | 0.00%                 | Yes           | 3                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36290UAH9<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |         3498 | PA      | $3361.71      | 0.00%             | 2042-02-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| AVIS BUDGET CAR RENTAL, LLC                              | AVIS BUDGET CAR RENTAL LLC                         | CUSIP: 053773BK2<br>LEI: XN8R4HH1TVC1XOCL5P21 | Long             | DBT              | CORP              | US        |      2435000 | PA      | $2421636.96   | 0.07%             | 2032-06-15      | Fixed         | 8.38%                 | Yes           | 2                  | On Loan: No      |
| Government National Mortgage Association                 | GOVERNMENT NATIONAL MORTGAGE CORPORATION           | CUSIP: 36290SSE2<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |         7424 | PA      | $7576.61      | 0.00%             | 2034-01-15      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |

### Signature

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

**Name of Applicant:** Victory Portfolios IV

**Signature:** Carol Trevino

**Name of Signer:** Carol Trevino

**Title:** Treasurer