# EDGAR Filing Document

**Accession Number:** 0001018593
**File Stem:** 0000940400-26-022207
**Filing Date:** 2026-5
**Character Count:** 100055
**Document Hash:** 57670870f7ce45178a2c6498da715cfa
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-022207.hdr.sgml**: 20260529

**ACCESSION NUMBER**: 0000940400-26-022207

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260529

**DATE AS OF CHANGE**: 20260529

**PERIOD START**: 20261231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VIRTUS ASSET TRUST
- **CENTRAL INDEX KEY:** 0001018593

**ORGANIZATION NAME:**
- **EIN:** 956981193
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07705
- **FILM NUMBER:** 261043838

**BUSINESS ADDRESS:**
- **STREET 1:** 101 MUNSON STREET
- **CITY:** GREENFIELD
- **STATE:** MA
- **ZIP:** 01301
- **BUSINESS PHONE:** (800) 243-4361

**MAIL ADDRESS:**
- **STREET 1:** ONE FINANCIAL PLAZA
- **STREET 2:** 26TH FLOOR
- **CITY:** HARTFORD
- **STATE:** CT
- **ZIP:** 06103

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PHOENIX ASSET TRUST
- **DATE OF NAME CHANGE:** 20060523

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PHOENIX-KAYNE FUNDS
- **DATE OF NAME CHANGE:** 20021223

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** KAYNE ANDERSON RUDNICK MUTUAL FUNDS
- **DATE OF NAME CHANGE:** 20010226

## Series and Classes Contracts Data

### Virtus Seix U.S. Government Securities Ultra-Short Bond Fund (Series ID: S000057032)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000181192 | Class I      | SIGVX           |
| C000181193 | Class R6     | SIGZX           |
| C000203236 | Class A      | SSAGX           |

## Nport-Ex

**VIRTUS Seix U.S. Government Securities Ultra-Short Bond Fund**

**SCHEDULE OF INVESTMENTS (Unaudited)**

**March 31, 2026**

($ reported in thousands)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
|  | **Par Value** | **Value** |
| **Mortgage-Backed Securities—95.9%** | **Mortgage-Backed Securities—95.9%** | **Mortgage-Backed Securities—95.9%** |
| **Agency—95.9%** | **Agency—95.9%** |  |
| &nbsp;&nbsp;&nbsp; Federal Home Loan Mortgage Corp. Multifamily <br> Structured Pass-Through Certificates<br>|  |  |
| &nbsp;&nbsp;&nbsp; K058, A1 <br>2.340%, 7/25/26<br>| $1783 | &nbsp;&nbsp; $1773 |
| &nbsp;&nbsp;&nbsp; K537, AS (SOFR30A + 0.520%, Cap N/A, Floor <br> 0.520%) <br>4.189%, 1/25/30<sup>(1)</sup> <br>| 4249 | &nbsp;&nbsp; 4239 |
| &nbsp;&nbsp;&nbsp; K542, AS (SOFR30A + 0.530%, Cap N/A, Floor <br> 0.530%) <br>4.199%, 1/25/30<sup>(1)</sup> <br>| 4993 | &nbsp;&nbsp; 4984 |
| &nbsp;&nbsp;&nbsp; K546, AS (SOFR30A + 0.530%, Cap N/A, Floor <br> 0.530%) <br>4.199%, 3/25/30<sup>(1)</sup> <br>| 3995 | &nbsp;&nbsp; 3990 |
| &nbsp;&nbsp;&nbsp; K549, AS (SOFR30A + 0.520%, Cap N/A, Floor <br> 0.520%) <br>4.189%, 7/25/30<sup>(1)</sup> <br>| 7977 | &nbsp;&nbsp; 7964 |
| &nbsp;&nbsp;&nbsp; K549, AS (SOFR30A + 0.540%, Cap N/A, Floor <br> 0.540%) <br>4.209%, 9/25/30<sup>(1)</sup> <br>| 4998 | &nbsp;&nbsp; 4993 |
| &nbsp;&nbsp;&nbsp; K557, AS (SOFR30A + 0.500%, Cap N/A, Floor <br> 0.500%) <br>4.169%, 12/25/30<sup>(1)</sup> <br>| 2000 | &nbsp;&nbsp; 2000 |
| &nbsp;&nbsp;&nbsp; KG09, AS (SOFR30A + 0.560%, Cap N/A, Floor <br> 0.560%) <br>4.229%, 8/25/29<sup>(1)</sup> <br>| 9986 | &nbsp;&nbsp; 9971 |
| &nbsp;&nbsp;&nbsp; KJ49, AFL (SOFR30A + 0.600%, Cap N/A, Floor <br> 0.600%) <br>4.269%, 1/25/31<sup>(1)</sup> <br>| 6375 | &nbsp;&nbsp; 6383 |
| &nbsp;&nbsp;&nbsp; KW07, A1 <br>3.600%, 7/25/28<br>| 86 | &nbsp;&nbsp; 85 |
| Federal Home Loan Mortgage Corp. REMIC |  |  |
| &nbsp;&nbsp;&nbsp; 2980, FJ (SOFR30A + 0.414%, Cap 7.000%, Floor <br> 0.300%) <br>4.087%, 11/15/34<sup>(1)</sup> <br>| 3413 | &nbsp;&nbsp; 3385 |
| &nbsp;&nbsp;&nbsp; 4248, FT (SOFR30A + 0.614%, Cap 6.500%, Floor <br> 0.500%) <br>4.287%, 9/15/43<sup>(1)</sup> <br>| 7555 | &nbsp;&nbsp; 7482 |
| &nbsp;&nbsp;&nbsp; 4794, WF (SOFR30A + 0.464%) <br>4.146%, 3/15/43<sup>(1)</sup> <br>| 3901 | &nbsp;&nbsp; 3843 |
| &nbsp;&nbsp;&nbsp; 4838, VA <br>4.000%, 3/15/36<br>| 474 | &nbsp;&nbsp; 474 |
| &nbsp;&nbsp;&nbsp; 4863, JF (SOFR30A + 0.514%, Cap 6.500%, Floor <br> 0.400%) <br>4.187%, 7/15/38<sup>(1)</sup> <br>| 5101 | &nbsp;&nbsp; 5055 |
| &nbsp;&nbsp;&nbsp; 4942, FB (SOFR30A + 0.614%, Cap 6.000%, Floor <br> 0.500%) <br>4.287%, 4/15/40<sup>(1)</sup> <br>| 4974 | &nbsp;&nbsp; 4933 |
| &nbsp;&nbsp;&nbsp; 5237, MV <br>4.500%, 8/25/33<br>| 716 | &nbsp;&nbsp; 711 |
| &nbsp;&nbsp;&nbsp; 5251, FG (SOFR30A + 0.450%, Cap 6.500%, Floor <br> 0.450%) <br>4.112%, 8/25/52<sup>(1)</sup> <br>| 5759 | &nbsp;&nbsp; 5694 |
| &nbsp;&nbsp;&nbsp; Federal Home Loan Mortgage Corp. Structured <br> Pass-Through Certificates FRESR 2017-SR01, A3 <br>3.089%, 11/25/27<br>| 1044 | &nbsp;&nbsp; 1025 |
| Federal Home Loan Mortgage Corporation |  |  |
| &nbsp;&nbsp;&nbsp; Pool #1Q1195 (RFUCCT1Y + 1.579%, Cap 10.110%, <br> Floor 1.579%) <br>6.271%, 5/1/37<sup>(1)</sup> <br>| 1200 | &nbsp;&nbsp; 1240 |

---

---

| | | |
|:---|:---|:---|
|  | **Par Value** | **Value** |
| **Agency—continued** | **Agency—continued** |  |
| &nbsp;&nbsp;&nbsp; Pool #1Q1420 (RFUCCT1Y + 1.843%, Cap 10.634%, <br> Floor 1.843%) <br>6.618%, 9/1/39<sup>(1)</sup> <br>| $772 | &nbsp;&nbsp; $795 |
| &nbsp;&nbsp;&nbsp; Pool #2B5891 (RFUCCT1Y + 1.640%, Cap 8.023%, <br> Floor 1.640%) <br>5.816%, 2/1/47<sup>(1)</sup> <br>| 1276 | &nbsp;&nbsp; 1318 |
| &nbsp;&nbsp;&nbsp; Pool #840337 (RFUCCT1Y + 1.576%, Cap 7.657%, <br> Floor 1.576%) <br>6.224%, 7/1/46<sup>(1)</sup> <br>| 596 | &nbsp;&nbsp; 616 |
| &nbsp;&nbsp;&nbsp; Pool #840617 (U.S. Treasury Yield Curve CMT 1 year + <br> 2.082%, Cap 7.749%, Floor 2.082%) <br>6.148%, 7/1/47<sup>(1)</sup> <br>| 1125 | &nbsp;&nbsp; 1168 |
| &nbsp;&nbsp;&nbsp; Pool #840698 (U.S. Treasury Yield Curve CMT 5 year + <br> 1.288%, Cap 7.202%, Floor 1.288%) <br>3.711%, 3/1/47<sup>(1)</sup> <br>| 4571 | &nbsp;&nbsp; 4475 |
| &nbsp;&nbsp;&nbsp; Pool #841083 (RFUCCT1Y + 1.645%, Cap 7.825%, <br> Floor 1.645%) <br>6.223%, 5/1/49<sup>(1)</sup> <br>| 3481 | &nbsp;&nbsp; 3608 |
| &nbsp;&nbsp;&nbsp; Pool #841345 (RFUCCT1Y + 1.628%, Cap 7.726%, <br> Floor 1.628%) <br>6.206%, 1/1/47<sup>(1)</sup> <br>| 1116 | &nbsp;&nbsp; 1156 |
| &nbsp;&nbsp;&nbsp; Pool #848736 (RFUCCT1Y + 1.750%, Cap 9.575%, <br> Floor 1.750%) <br>6.279%, 5/1/35<sup>(1)</sup> <br>| 2732 | &nbsp;&nbsp; 2830 |
| &nbsp;&nbsp;&nbsp; Pool #848744 (RFUCCT1Y + 1.789%, Cap 9.086%, <br> Floor 1.789%) <br>6.467%, 5/1/34<sup>(1)</sup> <br>| 1562 | &nbsp;&nbsp; 1617 |
| &nbsp;&nbsp;&nbsp; Pool #848747 (RFUCCT1Y + 1.862%, Cap 9.974%, <br> Floor 1.862%) <br>6.598%, 7/1/36<sup>(1)</sup> <br>| 1506 | &nbsp;&nbsp; 1559 |
| &nbsp;&nbsp;&nbsp; Pool #848796 (RFUCCT1Y + 1.797%, Cap 9.853%, <br> Floor 1.797%) <br>6.318%, 5/1/37<sup>(1)</sup> <br>| 2786 | &nbsp;&nbsp; 2891 |
| &nbsp;&nbsp;&nbsp; Pool #E04116 <br>2.500%, 11/1/27<br>| 332 | &nbsp;&nbsp; 328 |
| &nbsp;&nbsp;&nbsp; Pool #E09000 <br>3.000%, 6/1/27<br>| 129 | &nbsp;&nbsp; 128 |
| &nbsp;&nbsp;&nbsp; Pool #G15863 <br>3.000%, 7/1/31<br>| 534 | &nbsp;&nbsp; 522 |
| &nbsp;&nbsp;&nbsp; Pool #G18622 <br>2.500%, 12/1/31<br>| 279 | &nbsp;&nbsp; 268 |
| &nbsp;&nbsp;&nbsp; Pool #J20464 <br>2.500%, 9/1/27<br>| 158 | &nbsp;&nbsp; 156 |
| &nbsp;&nbsp;&nbsp; Pool #J36146 <br>2.500%, 1/1/27<br>| 75 | &nbsp;&nbsp; 75 |
| &nbsp;&nbsp;&nbsp; Pool #RD5246 <br>4.500%, 5/1/35<br>| 714 | &nbsp;&nbsp; 716 |
| &nbsp;&nbsp;&nbsp; Pool #RD5280 <br>4.500%, 12/1/35<br>| 1073 | &nbsp;&nbsp; 1074 |
| &nbsp;&nbsp;&nbsp; Pool #SB1351 <br>5.000%, 11/1/39<br>| 5468 | &nbsp;&nbsp; 5552 |
| &nbsp;&nbsp;&nbsp; Pool #SB1701 <br>2.500%, 12/1/32<br>| 5831 | &nbsp;&nbsp; 5633 |
| &nbsp;&nbsp;&nbsp; Pool #WN2145 <br>1.700%, 10/1/28<br>| 540 | &nbsp;&nbsp; 510 |
| &nbsp;&nbsp;&nbsp; Pool #ZS8563 <br>3.000%, 4/1/30<br>| 564 | &nbsp;&nbsp; 553 |
| Federal National Mortgage Association |  |  |
| &nbsp;&nbsp;&nbsp; (SOFR + 0.260%) <br>3.890%, 11/5/27<sup>(1)</sup> <br>| 5000 | &nbsp;&nbsp; 5014 |

---

See Notes to Schedule of Investments

------

**VIRTUS Seix U.S. Government Securities Ultra-Short Bond Fund**

**SCHEDULE OF INVESTMENTS (Unaudited) (Continued)**

**March 31, 2026**

($ reported in thousands)

---

| | | |
|:---|:---|:---|
|  | **Par Value** | **Value** |
| **Agency—continued** | **Agency—continued** |  |
| &nbsp;&nbsp;&nbsp; 2016-M8, FA (SOFR30A + 0.614%, Cap N/A, Floor <br> 0.500%) <br>4.280%, 7/25/26<sup>(1)</sup> <br>| $1022 | &nbsp;&nbsp; $1020 |
| &nbsp;&nbsp;&nbsp; Pool #462207 (U.S. Treasury Yield Curve CMT 1 year + <br> 2.175%, Cap 8.812%, Floor 2.175%) <br>5.922%, 1/1/36<sup>(1)</sup> <br>| 688 | &nbsp;&nbsp; 685 |
| &nbsp;&nbsp;&nbsp; Pool #462210 (U.S. Treasury Yield Curve CMT 1 year + <br> 2.175%, Cap 8.889%, Floor 2.175%) <br>5.825%, 1/1/36<sup>(1)</sup> <br>| 261 | &nbsp;&nbsp; 261 |
| &nbsp;&nbsp;&nbsp; Pool #462306 (U.S. Treasury Yield Curve CMT 1 year + <br> 2.379%, Cap 10.976%, Floor 2.379%) <br>6.090%, 4/1/37<sup>(1)</sup> <br>| 1068 | &nbsp;&nbsp; 1064 |
| &nbsp;&nbsp;&nbsp; Pool #462410 (U.S. Treasury Yield Curve CMT 1 year + <br> 2.375%, Cap 10.632%, Floor 2.375%) <br>6.350%, 9/1/37<sup>(1)</sup> <br>| 539 | &nbsp;&nbsp; 532 |
| &nbsp;&nbsp;&nbsp; Pool #AB5239 <br>3.000%, 5/1/27<br>| 247 | &nbsp;&nbsp; 245 |
| &nbsp;&nbsp;&nbsp; Pool #AB8787 <br>2.000%, 3/1/28<br>| 165 | &nbsp;&nbsp; 162 |
| &nbsp;&nbsp;&nbsp; Pool #AD0064 (RFUCCT6M + 1.545%, Cap 10.914%, <br> Floor 1.545%) <br>5.925%, 1/1/35<sup>(1)</sup> <br>| 559 | &nbsp;&nbsp; 573 |
| &nbsp;&nbsp;&nbsp; Pool #AE0544 (RFUCCT1Y + 1.747%, Cap 8.125%, <br> Floor 1.747%) <br>6.353%, 11/1/40<sup>(1)</sup> <br>| 1198 | &nbsp;&nbsp; 1245 |
| &nbsp;&nbsp;&nbsp; Pool #AJ6967 <br>3.000%, 11/1/26<br>| 54 | &nbsp;&nbsp; 54 |
| &nbsp;&nbsp;&nbsp; Pool #AL0270 (RFUCCT1Y + 1.658%, Cap 10.514%, <br> Floor 1.658%) <br>6.138%, 8/1/38<sup>(1)</sup> <br>| 305 | &nbsp;&nbsp; 312 |
| &nbsp;&nbsp;&nbsp; Pool #AL0323 (RFUCCT1Y + 1.819%, Cap 8.278%, <br> Floor 1.819%) <br>6.659%, 6/1/41<sup>(1)</sup> <br>| 746 | &nbsp;&nbsp; 777 |
| &nbsp;&nbsp;&nbsp; Pool #AL0960 (RFUCCT1Y + 1.681%, Cap 9.737%, <br> Floor 1.681%) <br>6.286%, 7/1/37<sup>(1)</sup> <br>| 1592 | &nbsp;&nbsp; 1644 |
| &nbsp;&nbsp;&nbsp; Pool #AL1886 (RFUCCT1Y + 1.752%, Cap 8.453%, <br> Floor 1.752%) <br>6.527%, 6/1/42<sup>(1)</sup> <br>| 240 | &nbsp;&nbsp; 250 |
| &nbsp;&nbsp;&nbsp; Pool #AL2202 (RFUCCT1Y + 1.670%, Cap 9.440%, <br> Floor 1.670%) <br>6.133%, 6/1/36<sup>(1)</sup> <br>| 604 | &nbsp;&nbsp; 623 |
| &nbsp;&nbsp;&nbsp; Pool #AL3421 (U.S. Treasury Yield Curve CMT 1 year + <br> 2.375%, Cap 10.750%, Floor 2.375%) <br>6.411%, 9/1/37<sup>(1)</sup> <br>| 621 | &nbsp;&nbsp; 627 |
| &nbsp;&nbsp;&nbsp; Pool #AL3765 <br>3.000%, 3/1/28<br>| 194 | &nbsp;&nbsp; 193 |
| &nbsp;&nbsp;&nbsp; Pool #AL3794 <br>3.000%, 6/1/28<br>| 357 | &nbsp;&nbsp; 354 |
| &nbsp;&nbsp;&nbsp; Pool #AL3803 <br>3.000%, 6/1/28<br>| 322 | &nbsp;&nbsp; 319 |
| &nbsp;&nbsp;&nbsp; Pool #AL6227 <br>2.500%, 12/1/29<br>| 124 | &nbsp;&nbsp; 121 |
| &nbsp;&nbsp;&nbsp; Pool #AL6516 (RFUCCT1Y + 1.752%, Cap 8.713%, <br> Floor 1.752%) <br>6.210%, 4/1/40<sup>(1)</sup> <br>| 1216 | &nbsp;&nbsp; 1263 |
| &nbsp;&nbsp;&nbsp; Pool #AL7477 (RFUCCT1Y + 1.798%, Cap 8.604%, <br> Floor 1.798%) <br>6.447%, 12/1/40<sup>(1)</sup> <br>| 913 | &nbsp;&nbsp; 949 |
| &nbsp;&nbsp;&nbsp; Pool #AL7812 (RFUCCT1Y + 1.730%, Cap 8.375%, <br> Floor 1.730%) <br>6.359%, 11/1/40<sup>(1)</sup> <br>| 2121 | &nbsp;&nbsp; 2205 |

---

---

| | | |
|:---|:---|:---|
|  | **Par Value** | **Value** |
| **Agency—continued** | **Agency—continued** |  |
| &nbsp;&nbsp;&nbsp; Pool #AL8796 (RFUCCT1Y + 1.828%, Cap 8.474%, <br> Floor 1.828%) <br>6.551%, 9/1/41<sup>(1)</sup> <br>| $2126 | &nbsp;&nbsp; $2217 |
| &nbsp;&nbsp;&nbsp; Pool #AL8827 <br>3.000%, 2/1/29<br>| 108 | &nbsp;&nbsp; 106 |
| &nbsp;&nbsp;&nbsp; Pool #AL8872 (RFUCCT1Y + 1.802%, Cap 8.302%, <br> Floor 1.802%) <br>6.423%, 7/1/42<sup>(1)</sup> <br>| 2846 | &nbsp;&nbsp; 2954 |
| &nbsp;&nbsp;&nbsp; Pool #AL9329 (RFUCCT1Y + 1.570%, Cap 10.662%, <br> Floor 1.570%) <br>6.158%, 7/1/38<sup>(1)</sup> <br>| 411 | &nbsp;&nbsp; 423 |
| &nbsp;&nbsp;&nbsp; Pool #AL9996 <br>3.000%, 4/1/32<br>| 337 | &nbsp;&nbsp; 328 |
| &nbsp;&nbsp;&nbsp; Pool #AO3261 <br>3.000%, 10/1/27<br>| 657 | &nbsp;&nbsp; 651 |
| &nbsp;&nbsp;&nbsp; Pool #AP2717 <br>2.500%, 10/1/27<br>| 157 | &nbsp;&nbsp; 156 |
| &nbsp;&nbsp;&nbsp; Pool #AT2769 <br>2.000%, 5/1/28<br>| 111 | &nbsp;&nbsp; 109 |
| &nbsp;&nbsp;&nbsp; Pool #BE3734 (RFUCCT1Y + 1.620%, Cap 8.028%, <br> Floor 1.620%) <br>6.270%, 7/1/47<sup>(1)</sup> <br>| 659 | &nbsp;&nbsp; 684 |
| &nbsp;&nbsp;&nbsp; Pool #BL6487 (SOFR30A + 0.874%, Cap 98.510%, <br> Floor 0.760%) <br>4.543%, 4/1/30<sup>(1)</sup> <br>| 9803 | &nbsp;&nbsp; 9814 |
| &nbsp;&nbsp;&nbsp; Pool #BM1022 <br>2.500%, 1/1/27<br>| 87 | &nbsp;&nbsp; 87 |
| &nbsp;&nbsp;&nbsp; Pool #BM1805 (RFUCCT1Y + 1.603%, Cap 7.827%, <br> Floor 1.603%) <br>6.353%, 9/1/47<sup>(1)</sup> <br>| 1578 | &nbsp;&nbsp; 1639 |
| &nbsp;&nbsp;&nbsp; Pool #BM3981 (RFUCCT1Y + 1.747%, Cap 8.600%, <br> Floor 1.747%) <br>6.251%, 2/1/42<sup>(1)</sup> <br>| 327 | &nbsp;&nbsp; 339 |
| &nbsp;&nbsp;&nbsp; Pool #BM4556 (RFUCCT1Y + 1.594%, Cap 8.506%, <br> Floor 1.594%) <br>6.330%, 10/1/48<sup>(1)</sup> <br>| 1616 | &nbsp;&nbsp; 1676 |
| &nbsp;&nbsp;&nbsp; Pool #BM4557 (RFUCCT1Y + 1.775%, Cap 7.955%, <br> Floor 1.775%) <br>6.410%, 5/1/45<sup>(1)</sup> <br>| 1247 | &nbsp;&nbsp; 1300 |
| &nbsp;&nbsp;&nbsp; Pool #BM5826 <br>4.000%, 4/1/29<br>| 286 | &nbsp;&nbsp; 285 |
| &nbsp;&nbsp;&nbsp; Pool #BM6134 (RFUCCT1Y + 1.595%, Cap 7.517%, <br> Floor 1.595%) <br>6.144%, 9/1/47<sup>(1)</sup> <br>| 4002 | &nbsp;&nbsp; 4161 |
| &nbsp;&nbsp;&nbsp; Pool #BM7024 (RFUCCT1Y + 1.706%, Cap 8.781%, <br> Floor 1.706%) <br>6.258%, 6/1/49<sup>(1)</sup> <br>| 327 | &nbsp;&nbsp; 338 |
| &nbsp;&nbsp;&nbsp; Pool #BM7025 (RFUCCT1Y + 1.691%, Cap 8.889%, <br> Floor 1.691%) <br>6.286%, 5/1/42<sup>(1)</sup> <br>| 4357 | &nbsp;&nbsp; 4524 |
| &nbsp;&nbsp;&nbsp; Pool #BM7473 (SOFR30A + 2.259%, Cap 10.746%, <br> Floor 2.259%) <br>5.760%, 3/1/54<sup>(1)</sup> <br>| 4900 | &nbsp;&nbsp; 5001 |
| &nbsp;&nbsp;&nbsp; Pool #BW7240 (SOFR30A + 2.120%, Cap 8.848%, <br> Floor 2.120%) <br>3.849%, 10/1/52<sup>(1)</sup> <br>| 5769 | &nbsp;&nbsp; 5849 |
| &nbsp;&nbsp;&nbsp; Pool #CA1310 <br>3.000%, 10/1/27<br>| 185 | &nbsp;&nbsp; 184 |
| &nbsp;&nbsp;&nbsp; Pool #CB8382 (SOFR30A + 2.328%, Cap 10.046%, <br> Floor 2.328%) <br>5.070%, 4/1/54<sup>(1)</sup> <br>| 9471 | &nbsp;&nbsp; 9592 |

---

See Notes to Schedule of Investments

------

**VIRTUS Seix U.S. Government Securities Ultra-Short Bond Fund**

**SCHEDULE OF INVESTMENTS (Unaudited) (Continued)**

**March 31, 2026**

($ reported in thousands)

---

| | | |
|:---|:---|:---|
|  | **Par Value** | **Value** |
| **Agency—continued** | **Agency—continued** |  |
| &nbsp;&nbsp;&nbsp; Pool #DB0740 (SOFR30A + 2.340%, Cap 10.482%, <br> Floor 2.340%) <br>5.476%, 4/1/54<sup>(1)</sup> <br>| $1664 | &nbsp;&nbsp; $1685 |
| &nbsp;&nbsp;&nbsp; Pool #DD4389 (SOFR30A + 2.300%, Cap 10.509%, <br> Floor 2.300%) <br>5.509%, 4/1/55<sup>(1)</sup> <br>| 4204 | &nbsp;&nbsp; 4256 |
| &nbsp;&nbsp;&nbsp; Pool #FM6371 <br>4.500%, 1/1/27<br>| 1 | &nbsp;&nbsp; 1 |
| &nbsp;&nbsp;&nbsp; Pool #FS1845 <br>3.500%, 12/1/29<br>| 302 | &nbsp;&nbsp; 299 |
| &nbsp;&nbsp;&nbsp; Pool #FS6125 <br>2.000%, 7/1/32<br>| 489 | &nbsp;&nbsp; 465 |
| &nbsp;&nbsp;&nbsp; Pool #FS7243 <br>3.000%, 11/1/31<br>| 561 | &nbsp;&nbsp; 550 |
| &nbsp;&nbsp;&nbsp; Pool #FS9546 <br>4.000%, 1/1/36<br>| 2321 | &nbsp;&nbsp; 2308 |
| &nbsp;&nbsp;&nbsp; Pool #MA2589 <br>3.000%, 4/1/26<br>| — <br><sup>(2)</sup><br>| &nbsp;&nbsp; — <br><sup>(2)</sup><br>|
| &nbsp;&nbsp;&nbsp; Pool #MA2869 <br>2.500%, 1/1/27<br>| 105 | &nbsp;&nbsp; 104 |
| &nbsp;&nbsp;&nbsp; Pool #MA2899 <br>2.500%, 2/1/27<br>| 83 | &nbsp;&nbsp; 82 |
| &nbsp;&nbsp;&nbsp; Pool #MA2924 <br>2.500%, 3/1/27<br>| 87 | &nbsp;&nbsp; 87 |
| &nbsp;&nbsp;&nbsp; Pool #MA3220 <br>2.500%, 12/1/27<br>| 244 | &nbsp;&nbsp; 241 |
| &nbsp;&nbsp;&nbsp; Pool #MA3221 <br>3.000%, 12/1/27<br>| 254 | &nbsp;&nbsp; 252 |
| &nbsp;&nbsp;&nbsp; Pool #MA3395 <br>3.500%, 6/1/28<br>| 209 | &nbsp;&nbsp; 208 |
| &nbsp;&nbsp;&nbsp; Pool #MA3680 <br>3.500%, 6/1/29<br>| 339 | &nbsp;&nbsp; 336 |
| &nbsp;&nbsp;&nbsp; Pool #MA4172 <br>1.500%, 11/1/30<br>| 301 | &nbsp;&nbsp; 286 |
| &nbsp;&nbsp;&nbsp; Pool #MA5715 <br>4.500%, 5/1/35<br>| 770 | &nbsp;&nbsp; 769 |
| &nbsp;&nbsp;&nbsp; Pool #MA6011 <br>4.500%, 3/1/36<br>| 5717 | &nbsp;&nbsp; 5718 |
| Federal National Mortgage Association REMIC |  |  |
| &nbsp;&nbsp;&nbsp; 2005-103, FC (SOFR30A + 0.614%, Cap 7.500%, <br> Floor 0.500%) <br>4.276%, 7/25/35<sup>(1)</sup> <br>| 5524 | &nbsp;&nbsp; 5509 |
| &nbsp;&nbsp;&nbsp; 2005-17, FA (SOFR30A + 0.414%, Cap 7.000%, Floor <br> 0.300%) <br>4.076%, 3/25/35<sup>(1)</sup> <br>| 2243 | &nbsp;&nbsp; 2223 |
| &nbsp;&nbsp;&nbsp; 2005-64, UF (SOFR30A + 1.464%, Cap 6.000%, Floor <br> 1.350%) <br>5.126%, 7/25/35<sup>(1)</sup> <br>| 5814 | &nbsp;&nbsp; 5924 |
| &nbsp;&nbsp;&nbsp; 2005-74, NA (SOFR30A + 0.534%, Cap 6.500%, Floor <br> 0.420%) <br>4.196%, 5/25/35<sup>(1)</sup> <br>| 3888 | &nbsp;&nbsp; 3875 |
| &nbsp;&nbsp;&nbsp; 2010-107, PF (SOFR30A + 0.484%, Cap 7.000%, <br> Floor 0.370%) <br>4.146%, 6/25/40<sup>(1)</sup> <br>| 3318 | &nbsp;&nbsp; 3305 |
| &nbsp;&nbsp;&nbsp; 2011-144, JF (SOFR30A + 0.614%, Cap 7.000%, Floor <br> 0.500%) <br>4.276%, 1/25/42<sup>(1)</sup> <br>| 4898 | &nbsp;&nbsp; 4866 |
| &nbsp;&nbsp;&nbsp; 2011-62, LF (SOFR30A + 0.514%, Cap 7.000%, Floor <br> 0.400%) <br>4.176%, 1/25/32<sup>(1)</sup> <br>| 2542 | &nbsp;&nbsp; 2530 |
| &nbsp;&nbsp;&nbsp; 2012-102, BG <br>1.600%, 9/25/27<br>| 116 | &nbsp;&nbsp; 114 |

---

---

| | | |
|:---|:---|:---|
|  | **Par Value** | **Value** |
| **Agency—continued** | **Agency—continued** |  |
| &nbsp;&nbsp;&nbsp; 2013-129, KB <br>3.000%, 1/25/29<br>| $220 | &nbsp;&nbsp; $218 |
| &nbsp;&nbsp;&nbsp; 2015-96, EA <br>3.000%, 12/25/26<br>| 146 | &nbsp;&nbsp; 145 |
| &nbsp;&nbsp;&nbsp; 2016-48, UF (SOFR30A + 0.514%, Cap 6.500%, Floor <br> 0.400%) <br>4.176%, 8/25/46<sup>(1)</sup> <br>| 3396 | &nbsp;&nbsp; 3373 |
| &nbsp;&nbsp;&nbsp; 2016-65, F (SOFR30A + 0.514%, Cap 6.500%, Floor <br> 0.400%) <br>4.176%, 9/25/46<sup>(1)</sup> <br>| 3810 | &nbsp;&nbsp; 3777 |
| &nbsp;&nbsp;&nbsp; 2017-33, LF (SOFR30A + 0.514%, Cap 6.500%, Floor <br> 0.400%) <br>4.176%, 5/25/39<sup>(1)</sup> <br>| 10084 | &nbsp;&nbsp; 9980 |
| &nbsp;&nbsp;&nbsp; 2018-92, AF (SOFR30A + 0.514%, Cap 6.500%, Floor <br> 0.400%) <br>4.176%, 5/25/33<sup>(1)</sup> <br>| 2563 | &nbsp;&nbsp; 2547 |
| &nbsp;&nbsp;&nbsp; 2018-96, FC (SOFR30A + 0.564%, Cap 6.500%, Floor <br> 0.450%) <br>4.226%, 10/25/35<sup>(1)</sup> <br>| 2712 | &nbsp;&nbsp; 2698 |
| &nbsp;&nbsp;&nbsp; 2019-13, FG (SOFR30A + 0.514%, Cap 6.500%, Floor <br> 0.400%) <br>4.176%, 4/25/49<sup>(1)</sup> <br>| 5536 | &nbsp;&nbsp; 5477 |
| &nbsp;&nbsp;&nbsp; 2021-97, B <br>3.000%, 5/25/33<br>| 195 | &nbsp;&nbsp; 194 |
| &nbsp;&nbsp;&nbsp; Freddie Mac Strips 427, GB <br>4.000%, 3/25/31<br>| 5140 | &nbsp;&nbsp; 5078 |
| FRESB Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp; 2016-SB13, A5H (SOFR30A + 0.814%, Cap N/A, Floor <br> 0.700%) <br>4.483%, 1/25/36<sup>(1)</sup> <br>| 3391 | &nbsp;&nbsp; 3373 |
| &nbsp;&nbsp;&nbsp; 2018-SB49, A5H (SOFR30A + 0.814%, Cap N/A, Floor <br> 0.700%) <br>4.483%, 4/25/38<sup>(1)</sup> <br>| 5418 | &nbsp;&nbsp; 5387 |
| &nbsp;&nbsp;&nbsp; 2018-SB51, A7H (SOFR30A + 0.814%, Cap N/A, Floor <br> 0.700%) <br>4.483%, 4/25/38<sup>(1)</sup> <br>| 665 | &nbsp;&nbsp; 662 |
| &nbsp;&nbsp;&nbsp; 2019-SB66, A7H <br>2.390%, 6/25/39<sup>(1)</sup> <br>| 1163 | &nbsp;&nbsp; 1155 |
| &nbsp;&nbsp;&nbsp; 2020-SB76, A5H (SOFR30A + 0.814%, Cap N/A, Floor <br> 0.700%) <br>4.483%, 4/25/40<sup>(1)</sup> <br>| 6193 | &nbsp;&nbsp; 6160 |
| Government National Mortgage Association |  |  |
| &nbsp;&nbsp;&nbsp; 2009-88, FA (1 month Term SOFR + 0.864%, Cap <br> 7.000%, Floor 0.750%) <br>4.537%, 10/16/39<sup>(1)</sup> <br>| 2566 | &nbsp;&nbsp; 2574 |
| &nbsp;&nbsp;&nbsp; 2010-159, D <br>4.558%, 9/16/44<sup>(1)</sup> <br>| 746 | &nbsp;&nbsp; 744 |
| &nbsp;&nbsp;&nbsp; 2010-20, FD (1 month Term SOFR + 0.934%, Cap <br> 6.500%, Floor 0.820%) <br>4.610%, 2/20/40<sup>(1)</sup> <br>| 5435 | &nbsp;&nbsp; 5462 |
| &nbsp;&nbsp;&nbsp; 2010-20, FE (1 month Term SOFR + 0.864%, Cap <br> 7.000%, Floor 0.750%) <br>4.540%, 2/20/40<sup>(1)</sup> <br>| 9701 | &nbsp;&nbsp; 9741 |
| &nbsp;&nbsp;&nbsp; 2017-134, VD <br>3.000%, 4/20/38<br>| 865 | &nbsp;&nbsp; 828 |
| &nbsp;&nbsp;&nbsp; 2019-11, FD (1 month Term SOFR + 0.494%, Cap N/A, <br> Floor 0.380%) <br>4.162%, 8/20/45<sup>(1)</sup> <br>| 5114 | &nbsp;&nbsp; 5057 |
| &nbsp;&nbsp;&nbsp; Pool #5276 <br>3.000%, 1/20/27<br>| 142 | &nbsp;&nbsp; 141 |
| &nbsp;&nbsp;&nbsp; Pool #783018 <br>5.200%, 10/15/29<br>| 179 | &nbsp;&nbsp; 181 |

---

See Notes to Schedule of Investments

------

**VIRTUS Seix U.S. Government Securities Ultra-Short Bond Fund**

**SCHEDULE OF INVESTMENTS (Unaudited) (Continued)**

**March 31, 2026**

($ reported in thousands)

---

| | | |
|:---|:---|:---|
|  | **Par Value** | **Value** |
| **Agency—continued** | **Agency—continued** |  |
| &nbsp;&nbsp;&nbsp; Pool #787184 (U.S. Treasury Yield Curve CMT 1 year + <br> 1.500%, Cap 7.515%, Floor 1.500%) <br>5.413%, 8/20/49<sup>(1)</sup> <br>| $2930 | &nbsp;&nbsp; $2976 |
| &nbsp;&nbsp;&nbsp; Pool #787870 (U.S. Treasury Yield Curve CMT 1 year + <br> 1.500%, Cap 9.500%, Floor 1.500%) <br>4.500%, 1/20/55<sup>(1)</sup> <br>| 9330 | &nbsp;&nbsp; 9333 |
| &nbsp;&nbsp;&nbsp; Pool #787907 (U.S. Treasury Yield Curve CMT 1 year + <br> 1.502%, Cap 7.655%, Floor 1.502%) <br>5.392%, 8/20/49<sup>(1)</sup> <br>| 9424 | &nbsp;&nbsp; 9608 |
| &nbsp;&nbsp;&nbsp; Pool #787937 (U.S. Treasury Yield Curve CMT 1 year + <br> 1.658%, Cap 9.733%, Floor 1.658%) <br>4.733%, 4/20/55<sup>(1)</sup> <br>| 8153 | &nbsp;&nbsp; 8171 |
| &nbsp;&nbsp;&nbsp; Pool #DG4178 (U.S. Treasury Yield Curve CMT 1 year <br> + 2.000%, Cap 10.000%, Floor 2.000%) <br>5.000%, 2/20/55<sup>(1)</sup> <br>| 3694 | &nbsp;&nbsp; 3710 |
| &nbsp;&nbsp;&nbsp; Pool #DI5711 (U.S. Treasury Yield Curve CMT 1 year + <br> 2.000%, Cap 10.000%, Floor 2.000%) <br>5.000%, 3/20/55<sup>(1)</sup> <br>| 1224 | &nbsp;&nbsp; 1231 |
| &nbsp;&nbsp;&nbsp; Pool #MA0513 <br>2.500%, 11/20/27<br>| 230 | &nbsp;&nbsp; 227 |
| &nbsp;&nbsp;&nbsp; Pool #MA0601 <br>2.500%, 12/20/27<br>| 281 | &nbsp;&nbsp; 277 |
| &nbsp;&nbsp;&nbsp; Pool #MA9679 (U.S. Treasury Yield Curve CMT 1 year <br> + 1.500%, Cap 9.500%, Floor 1.500%) <br>4.500%, 5/20/54<sup>(1)</sup> <br>| 3321 | &nbsp;&nbsp; 3321 |
| &nbsp;&nbsp;&nbsp; Pool #MA9735 (U.S. Treasury Yield Curve CMT 1 year <br> + 1.500%, Cap 9.500%, Floor 1.500%) <br>4.500%, 6/20/54<sup>(1)</sup> <br>| 1732 | &nbsp;&nbsp; 1736 |
| &nbsp;&nbsp;&nbsp; Pool #MA9791 (U.S. Treasury Yield Curve CMT 1 year <br> + 1.500%, Cap 10.500%, Floor 1.500%) <br>5.500%, 7/20/54<sup>(1)</sup> <br>| 4516 | &nbsp;&nbsp; 4575 |
| &nbsp;&nbsp;&nbsp; Pool #MB0038 (U.S. Treasury Yield Curve CMT 1 year <br> + 1.500%, Cap 10.500%, Floor 1.500%) <br>5.500%, 11/20/54<sup>(1)</sup> <br>| 1005 | &nbsp;&nbsp; 1017 |
| &nbsp;&nbsp;&nbsp; Pool #MB0158 (U.S. Treasury Yield Curve CMT 1 year <br> + 1.500%, Cap 10.000%, Floor 1.500%) <br>5.000%, 1/20/55<sup>(1)</sup> <br>| 5937 | &nbsp;&nbsp; 5997 |
| &nbsp;&nbsp;&nbsp; Pool #MB0763 (U.S. Treasury Yield Curve CMT 1 year <br> + 1.500%, Cap 9.500%, Floor 1.500%) <br>4.500%, 11/20/55<sup>(1)</sup> <br>| 1632 | &nbsp;&nbsp; 1633 |
| &nbsp;&nbsp;&nbsp; Pool #MB0832 (U.S. Treasury Yield Curve CMT 1 year <br> + 1.500%, Cap 9.500%, Floor 1.500%) <br>4.500%, 12/20/55<sup>(1)</sup> <br>| 2727 | &nbsp;&nbsp; 2720 |
| &nbsp;&nbsp;&nbsp; Pool #MB0890 (U.S. Treasury Yield Curve CMT 1 year <br> + 1.500%, Cap 9.500%, Floor 1.500%) <br>4.500%, 1/20/56<sup>(1)</sup> <br>| 1202 | &nbsp;&nbsp; 1200 |
| Small Business Administration |  |  |
| &nbsp;&nbsp;&nbsp; Pool #510254 (PRIME minus 2.600%) <br>4.150%, 5/25/28<sup>(1)</sup> <br>| 727 | &nbsp;&nbsp; 725 |
| &nbsp;&nbsp;&nbsp; Pool #510256 (PRIME minus 2.600%) <br>4.150%, 12/25/28<sup>(1)</sup> <br>| 1237 | &nbsp;&nbsp; 1235 |
| &nbsp;&nbsp;&nbsp; Pool #510273 (PRIME minus 2.500%) <br>4.250%, 11/25/28<sup>(1)</sup> <br>| 586 | &nbsp;&nbsp; 586 |

---

---

| | | |
|:---|:---|:---|
|  | **Par Value** | **Value** |
| **Agency—continued** | **Agency—continued** |  |
| &nbsp;&nbsp;&nbsp; Pool #530241 (PRIME minus 2.500%) <br>4.250%, 10/25/32<sup>(1)</sup> <br>| $2015 | &nbsp;&nbsp; $2000 |
| &nbsp;&nbsp;&nbsp; Pool #530251 (PRIME minus 2.375%) <br>4.375%, 4/25/32<sup>(1)</sup> <br>| 3836 | &nbsp;&nbsp; 3806 |
| &nbsp;&nbsp;&nbsp; Pool #530835 (PRIME minus 2.600%) <br>4.150%, 5/25/35<sup>(1)</sup> <br>| 10517 | &nbsp;&nbsp; 10478 |
| &nbsp;&nbsp;&nbsp; Pool #530885 (PRIME minus 2.550%) <br>4.200%, 7/25/35<sup>(1)</sup> <br>| 5286 | &nbsp;&nbsp; 5274 |
| **Total Mortgage-Backed Securities** <br>**(Identified Cost $391,796)** | **Total Mortgage-Backed Securities** <br>**(Identified Cost $391,796)** | &nbsp;&nbsp; **393462** |
| **Total Long-Term Investments—95.9%** <br>**(Identified Cost $391,796)** | **Total Long-Term Investments—95.9%** <br>**(Identified Cost $391,796)** | &nbsp;&nbsp; **393462** |
| **Short-Term Investments—1.9%** | **Short-Term Investments—1.9%** | **Short-Term Investments—1.9%** |
| **U.S. Government Securities—1.9%** | **U.S. Government Securities—1.9%** | **U.S. Government Securities—1.9%** |
| U.S. Treasury Bills |  |  |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>0.000%, 6/2/26<sup>(3)</sup> <br>| 3000 | &nbsp;&nbsp; 2981 |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>0.000%, 6/30/26<sup>(3)</sup> <br>| 5000 | &nbsp;&nbsp; 4955 |
| **Total Short-Term Investments** <br>**(Identified Cost $7,937)** | **Total Short-Term Investments** <br>**(Identified Cost $7,937)** | &nbsp;&nbsp; **7936** |
| **TOTAL INVESTMENTS—97.8%** <br>**(Identified Cost $399,733)** | **TOTAL INVESTMENTS—97.8%** <br>**(Identified Cost $399,733)** | &nbsp;&nbsp; **$401398** |
| Other assets and liabilities, net—2.2% | Other assets and liabilities, net—2.2% | &nbsp;&nbsp; 9108 |
| **NET ASSETS—100.0%** | **NET ASSETS—100.0%** | &nbsp;&nbsp; **$410506** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| **Abbreviations:** | **Abbreviations:** |
| CMT | Constant Maturity Treasury |
| REMIC | Real Estate Mortgage Investment Conduit |
| RFUCCT1Y | Refinitiv USD IBOR Consumer Cash Fallbacks Term 1 Year |
| RFUCCT6M | Refinitiv USD IBOR Consumer Cash Fallbacks Term 6 Months |
| SOFR | Secured Overnight Financing Rate |
| SOFR30A | Secured Overnight Financing Rate 30 Day Average |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| **Footnote Legend:** | **Footnote Legend:** |
| <sup>(1)</sup> <br>| Variable rate security. Rate disclosed is as of March 31, 2026. Information in <br> parenthesis represents benchmark and reference rate for each security. Certain <br> variable rate securities are not based on a published reference rate and spread but <br> are determined by the issuer or agent and are based on current market conditions, <br> or, for mortgage-backed securities, are impacted by the individual mortgages <br> which are paying off over time. These securities do not indicate a reference rate <br> and spread in their descriptions.<br>|
| <sup>(2)</sup> <br>| Amount is less than $500 (not in thousands). |
| <sup>(3)</sup> <br>| Issued with a zero coupon. Income is recognized through the accretion of <br> discount.<br>|

---

See Notes to Schedule of Investments

------

**VIRTUS Seix U.S. Government Securities Ultra-Short Bond Fund**

**SCHEDULE OF INVESTMENTS (Unaudited) (Continued)**

**March 31, 2026**

($ reported in thousands)

The following table summarizes the value of the Fund's investments as of March 31, 2026, based on the inputs used to value them (See Security Valuation Note 1 in the Notes to Schedule of Investments):

---

| | | |
|:---|:---|:---|
|  | Total <br>Value at <br>March 31, 2026<br>| Level 2 <br>Significant <br>Observable <br>Inputs<br>|
| Assets: |  |  |
| Debt Instruments: |  |  |
| &nbsp;&nbsp;&nbsp; U.S. Government Securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $7936 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $7936 |
| &nbsp;&nbsp;&nbsp; Mortgage-Backed Securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 393462 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 393462 |
| Total Investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $401398 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $401398 |

---

There were no securities valued using quoted prices (Level 1) or significant unobservable inputs (Level 3) at March 31, 2026.

There were no transfers into or out of Level 3 related to securities held at March 31, 2026.

See Notes to Schedule of Investments

------

**VIRTUS Seix U.S. Government Securities Ultra-Short Bond Fund**

**NOTES TO SCHEDULE OF INVESTMENTS (Unaudited)**

**March 31, 2026**

**Note 1. Security Valuation**

The Fund's Board of Trustees has designated the investment adviser as the valuation designee to perform fair valuations pursuant to Rule 2a-5 under the Investment Company Act of 1940. The Fund utilizes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The Fund's policy is to recognize transfers into or out of Level 3 at the end of the reporting period.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 1 – quoted prices in active markets for identical securities (security types generally include listed equities).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 2 – prices determined using other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 – prices determined using significant unobservable inputs (including the investment adviser's Valuation Committee's own assumptions in determining the fair value of investments).

A description of the valuation techniques applied to the Fund's major categories of assets and liabilities measured at fair value on a recurring basis is as follows:

Equity securities are valued at the official closing price (typically last sale) on the exchange on which the securities are primarily traded or, if no closing price is available, at the last bid price and are categorized as Level 1 in the hierarchy. Illiquid, restricted equity securities and illiquid private placements are internally fair valued by the investment adviser's Valuation Committee, and are generally categorized as Level 3 in the hierarchy.

Certain non-U.S. securities may be fair valued in cases where closing prices are not readily available or are deemed not reflective of readily available market prices. For example, significant events (such as movement in the U.S. securities market, or other regional and local developments) may occur between the time that non-U.S. markets close (where the security is principally traded) and the time that the Fund calculates its net asset value ("NAV") at the close of regular trading on the New York Stock Exchange ("NYSE") (generally 4 p.m. Eastern time) that may impact the value of securities traded in these non-U.S. markets. In such cases, the Fund fair values non-U.S. securities using an independent pricing service which considers the correlation of the trading patterns of the non-U.S. security to the intraday trading in the U.S. markets for investments such as American Depositary Receipts, financial futures, Exchange-Traded Funds ("ETFs"), and certain indexes, as well as prices for similar securities. Such fair valuations are categorized as Level 2 in the hierarchy. Because the frequency of significant events is not predictable, fair valuation of certain non-U.S. common stocks may occur on a frequent basis.

Debt instruments, including convertible bonds, restricted securities, and leveraged loans are valued based on either evaluated or composite quotations received from independent pricing services or from dealers who make markets in such securities. For most bond types, the pricing service utilizes matrix pricing that considers one or more of the following factors: yield or price of bonds of comparable quality, coupon, maturity, current cash flows, type, activity of the underlying equities, and current day trade information, as well as dealer supplied prices. These valuations are generally categorized as Level 2 in the hierarchy. Structured debt instruments, such as mortgage-backed and asset-backed securities may also incorporate collateral analysis and utilize cash flow models for valuation and are generally categorized as Level 2 in the hierarchy. Pricing services do not provide pricing for all securities and therefore indicative bids from dealers are utilized which are based on pricing models used by market makers in the security and are generally categorized as Level 2 in the hierarchy. Debt instruments that are internally fair valued by the investment adviser's Valuation Committee are generally categorized as Level 3 in the hierarchy.

Listed derivatives, such as options and futures, that are actively traded are valued at the last posted settlement price from the exchange where they are principally traded and are categorized as Level 1 in the hierarchy. Over-the-counter derivative contracts, which include forward currency contracts, swaps, swaptions, options and equity-linked instruments, are valued based on model prices provided by independent pricing services or from dealer quotes. Depending on the derivative type and the specific terms of the transaction, these models vary and include observable inputs in actively quoted markets including but not limited to: underlying reference entity details, indices, spreads, interest rates, yield curves, dividend and exchange rates. These instruments are generally categorized as Level 2 in the hierarchy. Centrally cleared swaps listed or traded on a bilateral or trade facility platform, such as a registered exchange, are valued at the last posted settlement price determined by the respective exchange. These securities are generally categorized as Level 2 within the hierarchy.

Investments in open-end mutual funds are valued at NAV. Investments in closed-end funds and ETFs are valued as of the close of regular trading on the NYSE each business day. Each is categorized as Level 1 in the hierarchy.

A summary of the inputs used to value the Fund's net assets by each major security type is disclosed at the end of the Schedule of Investments for the

Fund. The inputs or methodologies used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

*For additional information about significant accounting policies, refer to the Fund's most recent semi or annual financial statements.*

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Virtus Asset Trust

- **b. Investment Company Act file number:** 811-07705

- **c. CIK number of Registrant:** 0001018593

- **d. LEI of Registrant:** 5493001887IYOL1CRU72

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

  - **Street Address 1:** 101 Munson Street

  - **City:** Greenfield

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 01301-9668

  - **Telephone number:** 800-263-4790

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

- **a. Name of Series:** Virtus Seix U.S. Government Securities Ultra-Short Bond Fund

- **b. EDGAR series identifier (if any):** S000057032

- **c. LEI of Series:** 5493004FW06DQKUXKI57

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

- **a. Date of fiscal year-end:** 2026-12-31

- **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:** $411606999.75

**Total Liabilities:** $1648720.48

**Net Assets:** $409958279.27

**Cash Not Reported:** $6412288.34

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -0.00164639 | **1-Year:** -97.13641580 | **5-Year:** -21706.00260000 | **10-Year:** -23175.61988000 | **30-Year:** -75608.47483000

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

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** -119.12235970 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000203236 | 0.33%                | 0.52%                | -0.08%               |
| Class ID C000181193 | 0.37%                | 0.55%                | -0.05%               |
| Class ID C000181192 | 0.45%                | 0.44%                | -0.06%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $9391.27                 | $268182.43                                 |
| Month 2  | $9379.66                 | $513225.32                                 |
| Month 3  | $1939.12                 | $-1583046.49                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Federal Home Loan Mortgage Corp.                       | FH 848736           | CUSIP: 31300LV51<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2731654 | PA      | $2830390.83   | 0.69%             | 2035-05-01      | Variable      | 6.28%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN AL8827           | CUSIP: 3138ETYZ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    107653 | PA      | $106364.18    | 0.03%             | 2029-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN AL9329           | CUSIP: 3138ERLK4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    410794 | PA      | $423493.93    | 0.10%             | 2038-07-01      | Variable      | 6.16%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                       | FHR 4942 FB         | CUSIP: 3137FQVP5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |   4974052 | PA      | $4932657.53   | 1.20%             | 2040-04-15      | Floating      | 4.29%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN BM4557           | CUSIP: 3140J9B34<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1246599 | PA      | $1299904.05   | 0.32%             | 2045-05-01      | Variable      | 6.41%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | G2 MA0601           | CUSIP: 36179MU24<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    280635 | PA      | $277007.34    | 0.07%             | 2027-12-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN FM6371           | CUSIP: 3140XACH3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       757 | PA      | $755.49       | 0.00%             | 2027-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN BE3734           | CUSIP: 3140FPEG0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    659294 | PA      | $683928.96    | 0.17%             | 2047-07-01      | Variable      | 6.27%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN AL6227           | CUSIP: 3138EN4M8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    123931 | PA      | $120868.87    | 0.03%             | 2029-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD | FHMS K557 AS        | CUSIP: 3137HQSQ5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |   2000000 | PA      | $1999987.20   | 0.49%             | 2030-12-26      | Floating      | 4.17%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN FS1845           | CUSIP: 3140XHBP1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    301962 | PA      | $298822.09    | 0.07%             | 2029-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN AL3794           | CUSIP: 3138ELGC1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    357180 | PA      | $353846.54    | 0.09%             | 2028-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN MA2589           | CUSIP: 31418B2X3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       230 | PA      | $228.93       | 0.00%             | 2026-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN AB5239           | CUSIP: 31417BZD2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    246520 | PA      | $244779.51    | 0.06%             | 2027-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN MA6011           | CUSIP: 31418FVD6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   5717371 | PA      | $5717743.01   | 1.39%             | 2036-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN AL3421           | CUSIP: 3138EKYT6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    620772 | PA      | $626759.06    | 0.15%             | 2037-09-01      | Variable      | 6.41%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FNR 2016-65 F       | CUSIP: 3136ATTG9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |   3810057 | PA      | $3776798.50   | 0.92%             | 2046-09-25      | Floating      | 4.18%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | G2 MB0158           | CUSIP: 3618N5E88<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   5937252 | PA      | $5996771.47   | 1.46%             | 2055-01-20      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN AL0960           | CUSIP: 3138EHB68<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1591493 | PA      | $1644356.52   | 0.40%             | 2037-07-01      | Variable      | 6.29%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | G2 787937           | CUSIP: 3622ADV62<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   8153114 | PA      | $8171239.42   | 1.99%             | 2055-04-20      | Variable      | 4.73%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FNR 2005-74 NA      | CUSIP: 31394FDY8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |   3887498 | PA      | $3874685.19   | 0.95%             | 2035-05-25      | Floating      | 4.20%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FNMA F 11/05/27     | CUSIP: 3135G07M9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGSE             | US        |   5000000 | PA      | $5014171.50   | 1.22%             | 2027-11-05      | Floating      | 3.89%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN 462207           | CUSIP: 31381JNY4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    688407 | PA      | $684881.24    | 0.17%             | 2036-01-01      | Variable      | 5.92%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN 462410           | CUSIP: 31381JVB5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    539451 | PA      | $532040.72    | 0.13%             | 2037-09-01      | Variable      | 6.35%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                       | FHR 5251 FG         | CUSIP: 3137H8JE2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |   5758760 | PA      | $5694400.11   | 1.39%             | 2052-08-25      | Floating      | 4.11%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                  | FN MA4172           | CUSIP: 31418DT69<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    300970 | PA      | $286457.60    | 0.07%             | 2030-11-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN BM7473           | CUSIP: 3140JCJT2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4900436 | PA      | $5000907.45   | 1.22%             | 2054-03-01      | Variable      | 5.76%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                       | FH 841345           | CUSIP: 31288QP61<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1116150 | PA      | $1156365.05   | 0.28%             | 2047-01-01      | Variable      | 6.21%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                       | FHR 4863 JF         | CUSIP: 3137FL3L6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |   5100847 | PA      | $5055482.54   | 1.23%             | 2038-07-15      | Floating      | 4.19%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD | FRESR 2017-SR01 A3  | CUSIP: 3137FCJG0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |   1044275 | PA      | $1024540.04   | 0.25%             | 2027-11-25      | Fixed         | 3.09%                 | No            |                  2 | On Loan: No      |
| Fresb Mortgage Trust                                   | FRESB 2018-SB49 A5H | CUSIP: 302961AA5<br>LEI: N/A                  | Long             | ABS-O            | USGSE             | US        |   5417524 | PA      | $5387296.30   | 1.31%             | 2038-04-25      | Variable      | 4.48%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FNR 2011-62 LF      | CUSIP: 31397U6H7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |   2541533 | PA      | $2529913.68   | 0.62%             | 2032-01-25      | Floating      | 4.18%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                  | FNR 2013-129 KB     | CUSIP: 3136AHXJ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    220062 | PA      | $218494.01    | 0.05%             | 2029-01-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | G2 5276             | CUSIP: 36202F2H8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    141840 | PA      | $141090.74    | 0.03%             | 2027-01-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN MA3220           | CUSIP: 31418CSJ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    243872 | PA      | $240770.53    | 0.06%             | 2027-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN MA3395           | CUSIP: 31418CXZ2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    208930 | PA      | $207581.93    | 0.05%             | 2028-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                       | FHR 4794 WF         | CUSIP: 3137F5MJ5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |   3901165 | PA      | $3842921.50   | 0.94%             | 2043-03-15      | Variable      | 4.15%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                       | FR SB1351           | CUSIP: 3132CXQC9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   5467773 | PA      | $5552127.85   | 1.35%             | 2039-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | G2 DI5711           | CUSIP: 3618NPKY0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1224096 | PA      | $1230862.12   | 0.30%             | 2055-03-20      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN CA1310           | CUSIP: 3140Q8N43<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    185398 | PA      | $183959.83    | 0.04%             | 2027-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | GNR 2010-159 D      | CUSIP: 38376GYM6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    746084 | PA      | $744506.67    | 0.18%             | 2044-09-16      | Variable      | 4.56%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN AE0544           | CUSIP: 31419ATA5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1197758 | PA      | $1244876.98   | 0.30%             | 2040-11-01      | Variable      | 6.35%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FNR 2005-64 UF      | CUSIP: 31394EFH6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |   5813779 | PA      | $5924114.97   | 1.45%             | 2035-07-25      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| Small Business Administration                          | SBA 510254          | CUSIP: 83164MMB2<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    727468 | PA      | $725440.94    | 0.18%             | 2028-05-25      | Variable      | 4.15%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | G2 787870           | CUSIP: 3622ADT32<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   9329685 | PA      | $9332865.63   | 2.28%             | 2055-01-20      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD | FHMS KJ49 AFL       | CUSIP: 3137HBPH1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |   6374752 | PA      | $6383435.71   | 1.56%             | 2031-01-27      | Variable      | 4.28%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bills                           | B 0 06/30/26        | CUSIP: 912797UC9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5000000 | PA      | $4955043.75   | 1.21%             | 2026-06-30      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                       | FR ZS8563           | CUSIP: 3132A9QQ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    563751 | PA      | $553012.93    | 0.13%             | 2030-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | G2 DG4178           | CUSIP: 3618K0UB7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3693530 | PA      | $3710481.16   | 0.91%             | 2055-02-20      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | GNR 2017-134 VD     | CUSIP: 38380GR48<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    865000 | PA      | $827795.92    | 0.20%             | 2038-04-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                       | FHMS KW07 A1        | CUSIP: 3137FJYG8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |     85776 | PA      | $85305.35     | 0.02%             | 2028-07-25      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Small Business Administration                          | SBA 530835          | CUSIP: 8316A04V9<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |  10516589 | PA      | $10477714.34  | 2.56%             | 2035-05-25      | Variable      | 4.15%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                       | FG J36146           | CUSIP: 31307SZK2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     75151 | PA      | $74664.50     | 0.02%             | 2027-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                       | FH 1Q1420           | CUSIP: 3128S5SH8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    772254 | PA      | $794726.79    | 0.19%             | 2039-09-01      | Variable      | 6.62%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                       | FG E09000           | CUSIP: 31294T7M2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    129109 | PA      | $128232.09    | 0.03%             | 2027-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN BL6487           | CUSIP: 3140HYF52<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   9803184 | PA      | $9814373.95   | 2.39%             | 2030-04-01      | Variable      | 4.54%                 | No            |                  2 | On Loan: No      |
| FRESB 2019-SB66 MORTGAGE TRUST                         | FRESB 2019-SB66 A7H | CUSIP: 30312BAE5<br>LEI: N/A                  | Long             | ABS-O            | USGSE             | US        |   1162490 | PA      | $1154541.32   | 0.28%             | 2039-06-25      | Variable      | 2.39%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FNR 2016-48 UF      | CUSIP: 3136ATMA9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |   3396431 | PA      | $3372936.44   | 0.82%             | 2046-08-25      | Floating      | 4.18%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                       | FHR 4248 FT         | CUSIP: 3137B4US3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |   7554843 | PA      | $7482403.39   | 1.83%             | 2043-09-15      | Floating      | 4.29%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FNR 2012-102 BG     | CUSIP: 3136A8SV3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    116194 | PA      | $114203.91    | 0.03%             | 2027-09-25      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | G2 MB0832           | CUSIP: 3618N54S5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2727398 | PA      | $2720113.63   | 0.66%             | 2055-12-20      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN BM3981           | CUSIP: 3140J8M75<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    326813 | PA      | $339378.28    | 0.08%             | 2042-02-01      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN 462210           | CUSIP: 31381JN32<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    261286 | PA      | $261123.30    | 0.06%             | 2036-01-01      | Variable      | 5.83%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FNR 2018-92 AF      | CUSIP: 3136B3VU1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |   2562826 | PA      | $2546805.85   | 0.62%             | 2033-05-25      | Floating      | 4.18%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | GN 783018           | CUSIP: 36241LK70<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    179337 | PA      | $181146.57    | 0.04%             | 2029-10-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                       | FH 840617           | CUSIP: 31347AVJ0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1124841 | PA      | $1168062.93   | 0.28%             | 2047-07-01      | Variable      | 6.15%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN AL3765           | CUSIP: 3138ELFF5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    194379 | PA      | $192564.52    | 0.05%             | 2028-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD | FHMS K549 AS        | CUSIP: 3137HNND6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |   7977265 | PA      | $7963542.07   | 1.94%             | 2030-07-25      | Floating      | 4.19%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                       | FHS 427 GB          | CUSIP: 3133Q3QF1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   5140426 | PA      | $5078027.56   | 1.24%             | 2031-03-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN AL1886           | CUSIP: 3138EJCY2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    239584 | PA      | $249790.53    | 0.06%             | 2042-06-01      | Variable      | 6.53%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN AL7812           | CUSIP: 3138EQVE9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2121409 | PA      | $2205361.37   | 0.54%             | 2040-11-01      | Variable      | 6.36%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN FS6125           | CUSIP: 3140XMYX8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    489009 | PA      | $465401.89    | 0.11%             | 2032-07-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN AL6516           | CUSIP: 3138EPG24<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1216246 | PA      | $1262988.46   | 0.31%             | 2040-04-01      | Variable      | 6.21%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FNA 2016-M8 FA      | CUSIP: 3136AS7J9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |   1021857 | PA      | $1019940.94   | 0.25%             | 2026-07-25      | Floating      | 4.28%                 | No            |                  2 | On Loan: No      |
| Small Business Administration                          | SBA 530885          | CUSIP: 8316A06X3<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |   5285582 | PA      | $5274017.38   | 1.29%             | 2035-07-25      | Variable      | 4.20%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN MA2869           | CUSIP: 31418CFK5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    104690 | PA      | $103966.29    | 0.03%             | 2027-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                       | FG E04116           | CUSIP: 31294NSD2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    331628 | PA      | $328077.72    | 0.08%             | 2027-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FNR 2017-33 LF      | CUSIP: 3136AWFT9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |  10084284 | PA      | $9979692.83   | 2.43%             | 2039-05-25      | Floating      | 4.18%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN BM6134           | CUSIP: 3140JAY85<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4002385 | PA      | $4160530.76   | 1.01%             | 2047-09-01      | Variable      | 6.14%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN AT2769           | CUSIP: 3138WQCF7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    110689 | PA      | $108523.78    | 0.03%             | 2028-05-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | GNR 2019-11 FD      | CUSIP: 38381BSH8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |   5114110 | PA      | $5056805.82   | 1.23%             | 2045-08-20      | Variable      | 4.16%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD | FHMS K542 AS        | CUSIP: 3137HLY55<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |   4993096 | PA      | $4983562.43   | 1.22%             | 2030-01-25      | Variable      | 4.21%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | G2 MB0038           | CUSIP: 3618N5BG3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1004864 | PA      | $1016987.65   | 0.25%             | 2054-11-20      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN MA2924           | CUSIP: 31418CHA5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     87474 | PA      | $86762.32     | 0.02%             | 2027-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                       | FR RD5280           | CUSIP: 3133LP2M8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1073463 | PA      | $1073621.28   | 0.26%             | 2035-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                       | FH 1Q1195           | CUSIP: 3128S5KG8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1200067 | PA      | $1240151.87   | 0.30%             | 2037-05-01      | Variable      | 6.27%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                       | FHMS K058 A1        | CUSIP: 3137BSP64<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |   1782937 | PA      | $1772815.78   | 0.43%             | 2026-07-25      | Fixed         | 2.34%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN FS7243           | CUSIP: 3140XPBM0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    561345 | PA      | $550493.60    | 0.13%             | 2031-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                       | FHR 5237 MV         | CUSIP: 3137H82A8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    715843 | PA      | $711194.04    | 0.17%             | 2033-08-25      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                       | FH 841083           | CUSIP: 31288QFY1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3480831 | PA      | $3607990.87   | 0.88%             | 2049-05-01      | Variable      | 6.22%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN CB8382           | CUSIP: 3140QUJ49<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   9471022 | PA      | $9592174.33   | 2.34%             | 2054-04-01      | Variable      | 5.05%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN BM1805           | CUSIP: 3140J6AF4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1577525 | PA      | $1638538.68   | 0.40%             | 2047-09-01      | Variable      | 6.35%                 | No            |                  2 | On Loan: No      |
| Small Business Administration                          | SBA 530251          | CUSIP: 8316A0H52<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |   3835766 | PA      | $3806459.86   | 0.93%             | 2032-04-25      | Variable      | 4.38%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN AL7477           | CUSIP: 3138EQJX1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    913093 | PA      | $948628.73    | 0.23%             | 2040-12-01      | Variable      | 6.45%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN BM4556           | CUSIP: 3140J9B26<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1616253 | PA      | $1675543.57   | 0.41%             | 2048-10-01      | Variable      | 6.33%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | G2 MB0890           | CUSIP: 3618N57C7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1201698 | PA      | $1199895.76   | 0.29%             | 2056-01-20      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN MA3221           | CUSIP: 31418CSK1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    254028 | PA      | $251653.00    | 0.06%             | 2027-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | GNR 2010-20 FE      | CUSIP: 38376VHR1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |   9701204 | PA      | $9741072.63   | 2.38%             | 2040-02-20      | Floating      | 4.54%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN AD0064           | CUSIP: 31418MCA8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    558878 | PA      | $573100.26    | 0.14%             | 2035-01-01      | Variable      | 5.92%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD | FHMS K537 AS        | CUSIP: 3137HKPG3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |   4249211 | PA      | $4239202.61   | 1.03%             | 2030-01-25      | Variable      | 4.20%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN BW7240           | CUSIP: 3140N0BJ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   5769250 | PA      | $5848686.69   | 1.43%             | 2052-10-01      | Variable      | 3.85%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN AL9996           | CUSIP: 3138ESDA3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    337186 | PA      | $328039.89    | 0.08%             | 2032-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN MA5715           | CUSIP: 31418FK55<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    770408 | PA      | $768888.65    | 0.19%             | 2035-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                  | FN DD4389           | CUSIP: 3140B42X7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4204301 | PA      | $4255758.61   | 1.04%             | 2055-04-01      | Variable      | 5.51%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                       | FR WN2145           | CUSIP: 3132XGL38<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    540000 | PA      | $510278.49    | 0.12%             | 2028-10-01      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN AP2717           | CUSIP: 3138M6AT4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    157464 | PA      | $155695.16    | 0.04%             | 2027-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN AL0270           | CUSIP: 3138EGJQ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    304668 | PA      | $312219.00    | 0.08%             | 2038-08-01      | Variable      | 6.14%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | G2 MA0513           | CUSIP: 36179MSA9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    230150 | PA      | $227302.49    | 0.06%             | 2027-11-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN BM1022           | CUSIP: 3140J5D48<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     87409 | PA      | $86828.12     | 0.02%             | 2027-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN BM7025           | CUSIP: 3140JBYX8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4357217 | PA      | $4524114.19   | 1.10%             | 2042-05-01      | Variable      | 6.29%                 | No            |                  2 | On Loan: No      |
| Fresb 2016-Sb13 Mortgage Trust                         | FRESB 2016-SB13 A5H | CUSIP: 302614AF9<br>LEI: 549300G1LSFZALV3VL31 | Long             | ABS-O            | USGSE             | US        |   3390839 | PA      | $3373194.57   | 0.82%             | 2036-01-25      | Variable      | 4.48%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | GNR 2010-20 FD      | CUSIP: 38376VBU0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |   5434630 | PA      | $5461561.71   | 1.33%             | 2040-02-20      | Floating      | 4.61%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | G2 787184           | CUSIP: 3622AC2R0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2929733 | PA      | $2975797.20   | 0.73%             | 2049-08-20      | Variable      | 5.41%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN AL2202           | CUSIP: 3138EJNU8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    603601 | PA      | $623461.17    | 0.15%             | 2036-06-01      | Variable      | 6.13%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                  | FN MA3680           | CUSIP: 31418DCS9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    339227 | PA      | $336073.85    | 0.08%             | 2029-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN DB0740           | CUSIP: 3140A9ZE3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1664056 | PA      | $1685109.10   | 0.41%             | 2054-04-01      | Variable      | 5.48%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                       | FG J20464           | CUSIP: 31306XQR7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    157963 | PA      | $156355.39    | 0.04%             | 2027-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD | FHMS KG09 AS        | CUSIP: 3137HFP82<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |   9985995 | PA      | $9970637.24   | 2.43%             | 2029-08-27      | Floating      | 4.23%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FNR 2005-17 FA      | CUSIP: 31394CRW4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |   2243449 | PA      | $2223350.07   | 0.54%             | 2035-03-25      | Floating      | 4.08%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | G2 787907           | CUSIP: 3622ADU89<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   9424123 | PA      | $9608144.38   | 2.34%             | 2049-08-20      | Variable      | 5.39%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | GNR 2009-88 FA      | CUSIP: 38376EBC8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |   2566415 | PA      | $2574315.79   | 0.63%             | 2039-10-16      | Floating      | 4.54%                 | No            |                  2 | On Loan: No      |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION                  | FNR 2021-97 B       | CUSIP: 3136BLAA8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    194896 | PA      | $193928.76    | 0.05%             | 2033-05-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN BM7024           | CUSIP: 3140JBYW0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    327332 | PA      | $337897.74    | 0.08%             | 2049-06-01      | Variable      | 6.26%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FNR 2015-96 EA      | CUSIP: 3136AQG53<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    145765 | PA      | $144956.96    | 0.04%             | 2026-12-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                       | FR SB1701           | CUSIP: 3132CX3J9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   5831110 | PA      | $5632866.06   | 1.37%             | 2032-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FNR 2019-13 FG      | CUSIP: 3136B4HC5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |   5535872 | PA      | $5477254.01   | 1.34%             | 2049-04-25      | Floating      | 4.18%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN AL8872           | CUSIP: 3138ET2E5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2846459 | PA      | $2954103.60   | 0.72%             | 2042-07-01      | Variable      | 6.42%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FNR 2011-144 JF     | CUSIP: 3136A23L5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |   4898351 | PA      | $4865864.17   | 1.19%             | 2042-01-25      | Floating      | 4.28%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN BM5826           | CUSIP: 3140JAPL6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    285736 | PA      | $284807.23    | 0.07%             | 2029-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN FS9546           | CUSIP: 3140XRTC9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2321265 | PA      | $2307656.51   | 0.56%             | 2036-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN AB8787           | CUSIP: 31417FXR4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    164958 | PA      | $161964.03    | 0.04%             | 2028-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                       | FG G15863           | CUSIP: 3128MEWY3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    534321 | PA      | $521571.44    | 0.13%             | 2031-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | G2 MA9735           | CUSIP: 36179YY81<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1732157 | PA      | $1735584.95   | 0.42%             | 2054-06-20      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN AJ6967           | CUSIP: 3138AYW54<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     54129 | PA      | $53832.29     | 0.01%             | 2026-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fresb 2017-Sb42 Mortgage Trust                         | FRESB 2020-SB76 A5H | CUSIP: 30315EAB2<br>LEI: N/A                  | Long             | ABS-O            | USGSE             | US        |   6192611 | PA      | $6159958.68   | 1.50%             | 2040-04-25      | Variable      | 4.48%                 | No            |                  2 | On Loan: No      |
| Small Business Administration                          | SBA 510273          | CUSIP: 83164MMW6<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    585762 | PA      | $585832.32    | 0.14%             | 2028-11-25      | Variable      | 4.25%                 | No            |                  2 | On Loan: No      |
| Small Business Administration                          | SBA 530241          | CUSIP: 8316A0HT0<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |   2015422 | PA      | $1999866.40   | 0.49%             | 2032-10-25      | Variable      | 4.25%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN AL8796           | CUSIP: 3138ETX27<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2125675 | PA      | $2217463.08   | 0.54%             | 2041-09-01      | Variable      | 6.55%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                       | FH 840698           | CUSIP: 31347AX33<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4570709 | PA      | $4475394.61   | 1.09%             | 2047-03-01      | Variable      | 3.71%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | G2 MA9791           | CUSIP: 36179Y2Y9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   4515533 | PA      | $4575049.86   | 1.12%             | 2054-07-20      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN AL0323           | CUSIP: 3138EGLD4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    745597 | PA      | $777186.62    | 0.19%             | 2041-06-01      | Variable      | 6.60%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN AL3803           | CUSIP: 3138ELGM9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    321645 | PA      | $319310.70    | 0.08%             | 2028-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Small Business Administration                          | SBA 510256          | CUSIP: 83164MMD8<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |   1237292 | PA      | $1234663.21   | 0.30%             | 2028-12-25      | Variable      | 4.15%                 | No            |                  2 | On Loan: No      |
| FRESB MTG TR 2018-SB51                                 | FRESB 2018-SB51 A7H | CUSIP: 30296UAB9<br>LEI: 549300MU0K04STFBKO29 | Long             | ABS-O            | USGSE             | US        |    665104 | PA      | $661789.83    | 0.16%             | 2038-04-25      | Variable      | 4.48%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bills                           | WIB 0 06/02/26      | CUSIP: 912797TU1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3000000 | PA      | $2981339.73   | 0.73%             | 2026-06-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN AO3261           | CUSIP: 3138LTTT5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    656614 | PA      | $651030.95    | 0.16%             | 2027-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FNR 2010-107 PF     | CUSIP: 31398NKJ2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |   3317875 | PA      | $3305190.40   | 0.81%             | 2040-06-25      | Floating      | 4.15%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                       | FH 840337           | CUSIP: 31347ALS1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    596398 | PA      | $616163.09    | 0.15%             | 2046-07-01      | Variable      | 6.22%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FNR 2005-103 FC     | CUSIP: 31394ULL4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |   5523679 | PA      | $5509508.51   | 1.34%             | 2035-07-25      | Floating      | 4.28%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                       | FH 848796           | CUSIP: 31300LXZ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2785743 | PA      | $2890913.96   | 0.71%             | 2037-05-01      | Variable      | 6.32%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN MA2899           | CUSIP: 31418CGH1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     82518 | PA      | $81926.59     | 0.02%             | 2027-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                       | FH 848747           | CUSIP: 31300LWG6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1505848 | PA      | $1559386.76   | 0.38%             | 2036-07-01      | Variable      | 6.60%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                       | FHR 2980 FJ         | CUSIP: 31395UDQ1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |   3413252 | PA      | $3385110.41   | 0.83%             | 2034-11-15      | Floating      | 4.09%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                       | FHR 4838 VA         | CUSIP: 3137FJX79<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    474272 | PA      | $473541.47    | 0.12%             | 2036-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD | FHMS K546 AS        | CUSIP: 3137HN4S4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |   3995205 | PA      | $3990228.69   | 0.97%             | 2030-03-25      | Floating      | 4.20%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                       | FH 2B5891           | CUSIP: 31326LRL1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1276296 | PA      | $1318519.46   | 0.32%             | 2047-02-01      | Variable      | 5.82%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FN 462306           | CUSIP: 31381JR38<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1067526 | PA      | $1064453.76   | 0.26%             | 2037-04-01      | Variable      | 6.09%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                       | FH 848744           | CUSIP: 31300LWD3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1562320 | PA      | $1616669.76   | 0.39%             | 2034-05-01      | Variable      | 6.47%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | G2 MB0763           | CUSIP: 3618N5Z51<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1632229 | PA      | $1632606.01   | 0.40%             | 2055-11-20      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD | FHMS K550 AS        | CUSIP: 3137HNWJ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |   4997659 | PA      | $4992676.78   | 1.22%             | 2030-09-25      | Floating      | 4.21%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | G2 MA9679           | CUSIP: 36179YXG4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3321169 | PA      | $3320815.04   | 0.81%             | 2054-05-20      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                  | FNR 2018-96 FC      | CUSIP: 3136B3UW8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |   2712338 | PA      | $2697596.76   | 0.66%             | 2035-10-25      | Floating      | 4.23%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                       | FR RD5246           | CUSIP: 3133LPZK6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    713963 | PA      | $715634.93    | 0.17%             | 2035-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                       | FG G18622           | CUSIP: 3128MMVQ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    278654 | PA      | $268228.13    | 0.07%             | 2031-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-29

**Name of Applicant:** Virtus Asset Trust

**Signature:** Amy Hackett

**Name of Signer:** Amy Hackett

**Title:** Vice President and Assistant Treasurer