# EDGAR Filing Document

**Accession Number:** 0000939934
**File Stem:** 0002048251-26-000668
**Filing Date:** 2026-1
**Character Count:** 523862
**Document Hash:** dc456b61703beb5c846c9206f95d451e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002048251-26-000668.hdr.sgml**: 20260128

**ACCESSION NUMBER**: 0002048251-26-000668

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251130

**FILED AS OF DATE**: 20260128

**DATE AS OF CHANGE**: 20260128

**PERIOD START**: 20260531

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SEI INSTITUTIONAL INVESTMENTS TRUST
- **CENTRAL INDEX KEY:** 0000939934

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0531

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07257
- **FILM NUMBER:** 26572076

**BUSINESS ADDRESS:**
- **STREET 1:** 1 FREEDOM VALLEY DRIVE
- **CITY:** OAK
- **STATE:** PA
- **ZIP:** 19456
- **BUSINESS PHONE:** 610 676-3097

**MAIL ADDRESS:**
- **STREET 1:** 1 FREEDOM VALLEY DRIVE
- **CITY:** OAK
- **STATE:** PA
- **ZIP:** 19456

## Series and Classes Contracts Data

### SIIT EMERGING MARKETS DEBT FUND (Series ID: S000006764)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000018353 | SIIT EMERGING MARKETS DEBT FUND - CLASS A | SEDAX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** SEI INSTITUTIONAL INVESTMENTS TRUST

- **b. Investment Company Act file number:** 811-07257

- **c. CIK number of Registrant:** 0000939934

- **d. LEI of Registrant:** 0N2JSH1PTH72JCCP2A88

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

  - **Street Address 1:** ONE FREEDOM VALLEY DRIVE

  - **City:** OAKS

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19456

  - **Telephone number:** 8003425734

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

- **a. Name of Series:** SIIT EMERGING MARKETS DEBT FUND

- **b. EDGAR series identifier (if any):** S000006764

- **c. LEI of Series:** I2YKZAG5Y9OSPQRZQB97

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

- **a. Date of fiscal year-end:** 2026-05-31

- **b. Date as of which information is reported:** 2025-11-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $1783195753.79

**Total Liabilities:** $22834720.15

**Net Assets:** $1760361033.64

**Cash Not Reported:** $34521584.73

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -595.50997220 | **1-Year:** -14389.43397747 | **5-Year:** -78256.02436129 | **10-Year:** -139745.26128364 | **30-Year:** -88407.49006144

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

- **3-Month:** -1322.35110188 | **1-Year:** -24790.57743682 | **5-Year:** -89378.40825139 | **10-Year:** -146544.76248157 | **30-Year:** -50563.74229047

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000018353 | 1.07%                | 1.90%                | 2.08%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $4313774.48              | $4550654.19                                |
| Month 2  | $8928871.60              | $15332337.69                               |
| Month 3  | $4623090.70              | $15054670.86                               |

**Designated Index Information**

- **Index Name:** Benchmark: 50/50 JPM EMBI Global Div & JPM GBI EM Global Div (USD)

- **Index Identifier:** EMBIGJPMGB

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/INR SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $3094.83      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Emirate of Abu Dhabi                                                                          | ABU DHABI GOVERNMENT INTERNATIONAL BOND 144A 4.250000% 10/02/2035          | CUSIP: 29135LAW0<br>LEI: 213800FER4348CINTA77 | Long             | DBT              | NUSS              | AE        |      6236000 | PA      | $6187586.81   | 0.35%             | 2035-10-02      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| UBS SECURITIES                                                                                | FX Forward Contract: BRL/USD SETTLE 2025-12-11                             | CUSIP: N/A<br>LEI: T6FIZBDPKLYJKFCRVK44       | N/A              | DFE              |  | BR        |            1 | NC      | $5057.57      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/ZAR SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-1351.64     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Kingdom of Saudi Arabia                                                                       | SAUDI GOVERNMENT INTERNATIONAL BOND MTN 5.000000% 01/18/2053               | CUSIP: N/A<br>LEI: 635400FMICXSM3SI3H65       | Long             | DBT              | NUSS              | SA        |      9732000 | PA      | $8907357.13   | 0.51%             | 2053-01-18      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Republic of Kazakhstan                                                                        | KAZAKHSTAN GOVERNMENT INTERNATIONAL BOND 144A 5.500000% 07/01/2037         | CUSIP: 486661BP5<br>LEI: 5493007OEK8EF02UO833 | Long             | DBT              | NUSS              | KZ        |      1000000 | PA      | $1026405.84   | 0.06%             | 2037-07-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Kingdom of Thailand                                                                           | THAILAND GOVERNMENT BOND 2.410000% 03/17/2035                              | CUSIP: N/A<br>LEI: 254900PHJ6MSKT6C7026       | Long             | DBT              | NUSS              | TH        |    106000000 | PA      | $3494233.72   | 0.20%             | 2035-03-17      | Fixed         | 2.41%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/PLN SETTLE 2026-01-09                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-3015.69     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Republica del Peru                                                                            | BONOS DE TESORERIA 6.900000% 08/12/2037                                    | CUSIP: N/A<br>LEI: 254900STKLK2DBJJZ530       | Long             | DBT              | NUSS              | PE        |      6682000 | PA      | $2092563.29   | 0.12%             | 2037-08-12      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| Republica de Chile                                                                            | BONOS DE LA TESORERIA DE LA REPUBLICA EN PESOS 144 6.000000% 04/01/2033    | CUSIP: N/A<br>LEI: 549300FLZTJM5YJF8D34       | Long             | DBT              | NUSS              | CL        |   1050000000 | PA      | $1187691.76   | 0.07%             | 2033-04-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| BRK- CITI BANK                                                                                | BRK- CITI BANK REC-THB - THAI OVERNIGHT REPURCHASE RATE (THOR)             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | TH        |    149000000 | NC      | $122569.26    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: IDR/USD SETTLE 2025-12-10                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | ID        |            1 | NC      | $-344.25      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/COP SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-5006.07     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| COLOMBIA PESO                                                                                 | FX Forward Contract: COP/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | CO        |            1 | NC      | $186694.34    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/IDR SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-806.84      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Arab Republic of Egypt                                                                        | EGYPT GOVERNMENT BOND 25.318000% 08/13/2027                                | CUSIP: N/A<br>LEI: 529900GFIVH4086NMH82       | Long             | DBT              | NUSS              | EG        |    176199000 | PA      | $3725306.05   | 0.21%             | 2027-08-13      | Fixed         | 25.32%                | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK SECURITIES, INC.                                                                | FX Forward Contract: HUF/USD SETTLE 2026-04-08                             | CUSIP: N/A<br>LEI: 9J6MBOOO7BECTDTUZW19       | N/A              | DFE              |  | HU        |            1 | NC      | $17980.49     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/HUF SETTLE 2026-04-01                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-42141.09    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America                                                                               | BRK : BANK OF AMERICA REC : 3.3% FIXED                                     | CUSIP: N/A<br>LEI: B4TYDEB6GKMZO031MB27       | N/A              | DIR              |  | US        |      6734000 | NC      | $-1445.83     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/COP SETTLE 2026-02-13                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-9994.13     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: IDR/USD SETTLE 2025-12-10                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | ID        |            1 | NC      | $-48.92       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ROMANIAN LEU                                                                                  | FX Forward Contract: RON/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | RO        |            1 | NC      | $-7581.71     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BARCLAYS CAPITAL INC.                                                                         | FX Forward Contract: PEN/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 213800IQAOC5HG62T347       | N/A              | DFE              |  | PE        |            1 | NC      | $837.49       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Republic of Ukraine                                                                           | UKRAINE GOVERNMENT 0.000000% 02/01/2036                                    | CUSIP: N/A<br>LEI: 6354001WLTJXOMEXPY07       | Long             | DBT              | NUSS              | UA        |       825902 | PA      | $465351.00    | 0.03%             | 2036-02-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Pemerintah Republik Indonesia                                                                 | INDONESIA GOVERNMENT 7.000000% 09/15/2030                                  | CUSIP: N/A<br>LEI: 529900FWX0GRR7WG5W79       | Long             | DBT              | NUSS              | ID        |   8834000000 | PA      | $554279.80    | 0.03%             | 2030-09-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Turkiye Cumhuriyeti                                                                           | TURKIYE GOVERNMENT BOND 37.840000% 07/14/2027                              | CUSIP: M8T85VSW8<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |     80000000 | PA      | $1928438.67   | 0.11%             | 2027-07-14      | Fixed         | 37.84%                | No            |                  2 | On Loan: No      |
| Republica Federativa do Brasil                                                                | NOTA DO TESOURO NACIONAL 10.000000% 01/01/2033                             | CUSIP: N/A<br>LEI: 254900ZFY40OYEADAP90       | Long             | DBT              | NUSS              | BR        |     38108000 | PA      | $6124835.84   | 0.35%             | 2033-01-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| HSBC Bank PLC                                                                                 | BRK : HSBC REC : 3.4% FIXED                                                | CUSIP: N/A<br>LEI: MP6I5ZYZBEU3UXPYFY54       | N/A              | DIR              |  | CZ        |    118000000 | NC      | $-136859.29   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Republica del Peru                                                                            | BONOS DE TESORERIA 6.150000% 08/12/2032                                    | CUSIP: N/A<br>LEI: 254900STKLK2DBJJZ530       | Long             | DBT              | NUSS              | PE        |      6700000 | PA      | $2139059.90   | 0.12%             | 2032-08-12      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| Republica Oriental del Uruguay                                                                | REPUBLICA ORIENT URUGUAY 9.750000% 07/20/2033                              | CUSIP: 760942BF8<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |     14010000 | PA      | $391683.91    | 0.02%             | 2033-07-20      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| ROMANIAN LEU                                                                                  | FX Forward Contract: KZT/USD SETTLE 2026-11-13                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | RO        |            1 | NC      | $19746.12     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Republic of Kenya                                                                             | REPUBLIC OF KENYA 8.250000% 02/28/2048                                     | CUSIP: N/A<br>LEI: 549300VVURQQYU45PR87       | Long             | DBT              | NUSS              | KE        |      5344000 | PA      | $4884166.81   | 0.28%             | 2048-02-28      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| United States of America                                                                      | TREASURY BILL 0.000000% 01/13/2026                                         | CUSIP: 912797SF5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      6400000 | PA      | $6371107.84   | 0.36%             | 2026-01-13      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Republica Federativa do Brasil                                                                | NOTA DO TESOURO NACIONAL 6.000000% 05/15/2045                              | CUSIP: N/A<br>LEI: 254900ZFY40OYEADAP90       | Long             | DBT              | NUSS              | BR        |      2124000 | PA      | $1625210.45   | 0.09%             | 2045-05-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ORLEN SPOLKA AKCYJNA                                                                          | ORLEN SA 144A 6.000000% 01/30/2035                                         | CUSIP: 68666UAA3<br>LEI: 259400VVMM70CQREJT74 | Long             | DBT              | NUSS              | PL        |       643000 | PA      | $681562.50    | 0.04%             | 2035-01-30      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Republique du Cameroun                                                                        | REPUBLIC OF CAMEROON 5.950000% 07/07/2032                                  | CUSIP: N/A<br>LEI: 54930021BO6NHYGBBV24       | Long             | DBT              | NUSS              | CM        |      3773000 | PA      | $3599501.11   | 0.20%             | 2032-07-07      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/INR SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $2102.63      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| USD P/INR C                                                                                   | USD P/INR C EXPIRATION: 05/06/2026                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |     14000000 | NC      | $50290.54     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| INDONESIA RUPIAH                                                                              | FX Forward Contract: IDR/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | ID        |            1 | NC      | $751.93       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UZBEKISTAN SUM                                                                                | FX Forward Contract: UZS/USD SETTLE 2027-05-12                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | XX        |            1 | NC      | $87256.51     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Emirate of Abu Dhabi                                                                          | ABU DHABI GOVT INT'L 3.125000% 09/30/2049                                  | CUSIP: N/A<br>LEI: 213800FER4348CINTA77       | Long             | DBT              | NUSS              | AE        |      4893000 | PA      | $3565863.44   | 0.20%             | 2049-09-30      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| CHILEAN PESO                                                                                  | FX Forward Contract: CLP/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | CL        |            1 | NC      | $46793.50     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: MXN/USD SETTLE 2026-02-03                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | MX        |            1 | NC      | $8800.08      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Romania                                                                                       | ROMANIA GOVERNMENT BOND 7.650000% 07/27/2031                               | CUSIP: X5S007QE0<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     13300000 | PA      | $3128935.55   | 0.18%             | 2031-07-27      | Fixed         | 7.65%                 | No            |                  2 | On Loan: No      |
| Republica Argentina                                                                           | REPUBLIC OF ARGENTINA 3.000000% 07/09/2041                                 | CUSIP: N/A<br>LEI: 549300KPBYGYF7HCHO27       | Long             | DBT              | NUSS              | AR        |      2945000 | PA      | $2194419.66   | 0.12%             | 2041-07-09      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/EUR SETTLE 2026-01-14                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $73084.88     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CHINESE YUAN RENMINBI                                                                         | FX Forward Contract: CNY/USD SETTLE 2025-12-08                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | CN        |            1 | NC      | $1529.94      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BRAZILIAN REAL                                                                                | FX Forward Contract: BRL/USD SETTLE 2025-12-02                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | BR        |            1 | NC      | $8790.97      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Republic of South Africa                                                                      | REPUBLIC OF SOUTH AFRICA 8.750000% 02/28/2048                              | CUSIP: N/A<br>LEI: 378900AAFB4F17004C49       | Long             | DBT              | NUSS              | ZA        |    110000000 | PA      | $6014499.24   | 0.34%             | 2048-02-28      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| SOUTH AFRICAN RAND                                                                            | FX Forward Contract: ZAR/USD SETTLE 2026-01-29                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | ZA        |            1 | NC      | $22459.06     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Telekom Srbija ad, Beograd                                                                    | TELECOMMUNICATIONS CO TELEKOM SRBIJA AD BELGRADE 7.000000% 10/28/2029      | CUSIP: X9300AAA7<br>LEI: 254900OVY0XI1DFYC092 | Long             | DBT              | NUSS              | RS        |       291000 | PA      | $292101.73    | 0.02%             | 2029-10-28      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/COP SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-12758.62    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Republica de Chile                                                                            | REPUBLIC OF CHILE 3.100000% 05/07/2041                                     | CUSIP: 168863DS4<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |       997000 | PA      | $771727.85    | 0.04%             | 2041-05-07      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/IDR SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $16734.05     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/ZAR SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-155850.32   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| NEON CAPITAL LIMITED                                                                          | NEON CAPITAL LTD/KY MTN VARIABLE RATE 01/06/2028                           | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | NUSS              | KY        |    142938353 | PA      | $894452.43    | 0.05%             | 2028-01-06      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Kerajaan Malaysia                                                                             | MALAYSIA GOVERNMENT 4.893000% 06/08/2038                                   | CUSIP: N/A<br>LEI: 254900GSIL471JOBYY43       | Long             | DBT              | NUSS              | MY        |     11285000 | PA      | $3043526.05   | 0.17%             | 2038-06-08      | Fixed         | 4.89%                 | No            |                  2 | On Loan: No      |
| Republique de Cote d'Ivoire                                                                   | IVORY COAST 8.075000% 04/01/2036                                           | CUSIP: V73789BM6<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |       200000 | PA      | $207505.58    | 0.01%             | 2036-04-01      | Fixed         | 8.07%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/EUR SETTLE 2026-01-14                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $9698.31      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| HUNGARIAN FORINT                                                                              | FX Forward Contract: HUF/USD SETTLE 2026-01-12                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | HU        |            1 | NC      | $22912.79     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/ILS SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-9513.93     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| EnfraGen Energia Sur, S.A.U.                                                                  | ENFRAGEN ENERGIA SUR SA / ENFRAGEN SPAIN SA / PRIM 5.375000% 12/30/2030    | CUSIP: E4181LAA9<br>LEI: 2549002TO75PYMY3VY07 | Long             | DBT              | NUSS              | CO        |       840000 | PA      | $781801.10    | 0.04%             | 2030-12-30      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| PERUVIAN NEW SOL                                                                              | FX Forward Contract: PEN/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | PE        |            1 | NC      | $18438.56     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: USD/CNY SETTLE 2025-12-08                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | US        |            1 | NC      | $-288.21      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Ceska republika                                                                               | CZECH REPUBLIC 1.500000% 04/24/2040                                        | CUSIP: N/A<br>LEI: 3157007EFDLQABN47912       | Long             | DBT              | NUSS              | CZ        |    145000000 | PA      | $4591096.99   | 0.26%             | 2040-04-24      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| The Commonwealth of The Bahamas                                                               | COMMONWEALTH OF BAHAMAS 8.950000% 10/15/2032                               | CUSIP: P06518AH0<br>LEI: 549300W13SXC7EKNJC20 | Long             | DBT              | NUSS              | BS        |      6535000 | PA      | $7268684.45   | 0.41%             | 2032-10-15      | Fixed         | 8.95%                 | No            |                  2 | On Loan: No      |
| Estados Unidos Mexicanos                                                                      | MEX BONOS DESARR FIX RT 8.000000% 11/07/2047                               | CUSIP: N/A<br>LEI: 254900EGTWEU67VP6075       | Long             | DBT              | NUSS              | MX        |     36000000 | PA      | $1726078.53   | 0.10%             | 2047-11-07      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| TURKISH LIRA                                                                                  | FX Forward Contract: TRY/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | TR        |            1 | NC      | $47233.48     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BRAZILIAN REAL                                                                                | FX Forward Contract: BRL/USD SETTLE 2025-12-08                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | BR        |            1 | NC      | $-5788.81     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/JPY SETTLE 2026-07-01                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $156462.25    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Republica de Colombia                                                                         | TITULOS DE TESORERIA 7.750000% 09/18/2030                                  | CUSIP: N/A<br>LEI: 549300MHDRBVRF6B9117       | Long             | DBT              | NUSS              | CO        |   6706500000 | PA      | $1512417.09   | 0.09%             | 2030-09-18      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Braskem Netherlands Finance B.V.                                                              | BRASKEM NETHERLANDS FINANCE BV 4.500000% 01/31/2030                        | CUSIP: N15516AD4<br>LEI: 2549000TLMHFQ74DS330 | Long             | DBT              | NUSS              | BR        |      1400000 | PA      | $497000.00    | 0.03%             | 2030-01-31      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| HSBC Bank PLC                                                                                 | BRK : HSBC REC : 5.96% FIXED                                               | CUSIP: N/A<br>LEI: MP6I5ZYZBEU3UXPYFY54       | N/A              | DIR              |  | IN        |    795000000 | NC      | $84749.69     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| SIERRACOL ENERGY ANDINA, LLC                                                                  | SIERRACOL ENERGY ANDINA LLC/SIERRACOL ENERGY ARAUC 9.000000% 11/14/2030    | CUSIP: 82653NAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | CO        |      1472000 | PA      | $1444400.00   | 0.08%             | 2030-11-14      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| UZBEKISTAN SUM                                                                                | FX Forward Contract: UZS/USD SETTLE 2027-05-12                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | XX        |            1 | NC      | $97645.82     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS SECURITIES                                                                                | FX Forward Contract: BRL/USD SETTLE 2025-12-02                             | CUSIP: N/A<br>LEI: T6FIZBDPKLYJKFCRVK44       | N/A              | DFE              |  | BR        |            1 | NC      | $-9698.47     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ROMANIAN LEU                                                                                  | FX Forward Contract: KZT/USD SETTLE 2026-04-30                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | RO        |            1 | NC      | $71000.26     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Republic of Kazakhstan                                                                        | KAZAKHSTAN GOVERNMENT INTERNATIONAL BOND 144A 4.412000% 10/28/2030         | CUSIP: 486661BQ3<br>LEI: 5493007OEK8EF02UO833 | Long             | DBT              | NUSS              | KZ        |       749000 | PA      | $744506.00    | 0.04%             | 2030-10-28      | Fixed         | 4.41%                 | Yes           |                  2 | On Loan: No      |
| CHILEAN PESO                                                                                  | FX Forward Contract: CLP/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | CL        |            1 | NC      | $50121.61     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Corporacion Electrica Nacional S.A.                                                           | CA LA ELECTRICIDAD DE CARACAS VARIABLE RATE 04/10/2018                     | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | NUSS              | VE        |      2876000 | PA      | $438590.00    | 0.02%             | 2059-12-31      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/EGP SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-7448.31     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MALAYSIA WAKALA SUKUK BERHAD                                                                  | MALAYSIA WAKALA SUKUK 3.075000% 04/28/2051                                 | CUSIP: Y57542AB1<br>LEI: 254900MRLMI21YQTK511 | Long             | DBT              | NUSS              | MY        |      1120000 | PA      | $818519.87    | 0.05%             | 2051-04-28      | Fixed         | 3.08%                 | No            |                  2 | On Loan: No      |
| USD P/CZK C                                                                                   | USD P/CZK C EXPIRATION: 12/17/2025                                         | CUSIP: USCZP28M8<br>LEI: N/A                  | N/A              | DFE              |  | US        |    -16510000 | NC      | $-532.32      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Republica Argentina                                                                           | BONTE 29.500000% 05/30/2030                                                | CUSIP: N/A<br>LEI: 549300KPBYGYF7HCHO27       | Long             | DBT              | NUSS              | AR        |   1750000000 | PA      | $1257321.11   | 0.07%             | 2030-05-30      | Fixed         | 29.50%                | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: USD/PLN SETTLE 2026-02-09                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | US        |            1 | NC      | $-7372.43     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/ZAR SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-2101.95     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Republica de Panama                                                                           | REPUBLIC OF PANAMA 4.500000% 04/16/2050                                    | CUSIP: 698299BH6<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |      1700000 | PA      | $1293870.00   | 0.07%             | 2050-04-16      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GHANA CEDI                                                                                    | FX Forward Contract: GHS/USD SETTLE 2026-03-31                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | GH        |            1 | NC      | $62316.01     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/UZS SETTLE 2026-07-07                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-115441.02   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: USD/PLN SETTLE 2026-02-09                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | US        |            1 | NC      | $-13633.63    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UBS SECURITIES                                                                                | FX Forward Contract: BRL/USD SETTLE 2025-12-02                             | CUSIP: N/A<br>LEI: T6FIZBDPKLYJKFCRVK44       | N/A              | DFE              |  | BR        |            1 | NC      | $56.62        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Kingdom of Saudi Arabia                                                                       | SAUDI GOVERNMENT INTERNATIONAL BOND MTN 4.750000% 01/16/2030               | CUSIP: 80413TBF5<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |       420000 | PA      | $428116.58    | 0.02%             | 2030-01-16      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| GHANA CEDI                                                                                    | FX Forward Contract: GHS/USD SETTLE 2026-03-26                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | GH        |            1 | NC      | $21432.77     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                                                                       | REF: MXIBTIEF INDEX BRK: GOLDMAN SACHS                                     | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DIR              |  | MX        |    304778071 | NC      | $333866.32    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/HUF SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-99028.18    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/ZAR SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $16670.00     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Republic of Kazakhstan                                                                        | KAZAKH GOV BOND - MEOKAM 16.950000% 10/09/2030                             | CUSIP: YJ4048767<br>LEI: 5493007OEK8EF02UO833 | Long             | DBT              | NUSS              | KZ        |    495000000 | PA      | $933181.07    | 0.05%             | 2030-10-09      | Fixed         | 16.95%                | No            |                  2 | On Loan: No      |
| N/A                                                                                           | NIGERIA OMO BILL ZERO COUPON 07/07/2026                                    | CUSIP: YM1710529<br>LEI: N/A                  | Long             | DBT              | NUSS              | NG        |   1540000000 | PA      | $944364.51    | 0.05%             | 2026-07-07      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: USD/HUF SETTLE 2025-12-08                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | US        |            1 | NC      | $-885.15      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Chile Electricity Lux MPC II S.a r.l.                                                         | CHILE ELECTRICITY LUX MPC II SARL 5.580000% 10/20/2035                     | CUSIP: L1567LAA1<br>LEI: N/A                  | Long             | DBT              | NUSS              | CL        |       684254 | PA      | $704781.11    | 0.04%             | 2035-10-20      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| JAPANESE YEN                                                                                  | FX Forward Contract: JPY/USD SETTLE 2026-07-01                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | JP        |            1 | NC      | $-145185.14   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE BANK N.A.                                                                     | REF: BZDIOVER BRK: JP MORGAN                                               | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DIR              |  | BR        |     70955070 | NC      | $1017292.55   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: USD/IDR SETTLE 2025-12-10                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | US        |            1 | NC      | $-58.41       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/EUR SETTLE 2026-04-01                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $18372.88     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Kerajaan Malaysia                                                                             | MALAYSIA GOVERNMENT 3.733000% 06/15/2028                                   | CUSIP: N/A<br>LEI: 254900GSIL471JOBYY43       | Long             | DBT              | NUSS              | MY        |      3280000 | PA      | $806172.70    | 0.05%             | 2028-06-15      | Fixed         | 3.73%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: MXN/USD SETTLE 2026-02-03                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | MX        |            1 | NC      | $2806.55      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Pemerintah Republik Indonesia                                                                 | INDONESIA GOVERNMENT 7.125000% 06/15/2038                                  | CUSIP: N/A<br>LEI: 529900FWX0GRR7WG5W79       | Long             | DBT              | NUSS              | ID        |  48063000000 | PA      | $3053176.46   | 0.17%             | 2038-06-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Magyarorszag                                                                                  | HUNGARY 5.500000% 03/26/2036                                               | CUSIP: N/A<br>LEI: 5299003F3UFKGCCMAP43       | Long             | DBT              | NUSS              | HU        |      6360000 | PA      | $6364744.43   | 0.36%             | 2036-03-26      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Magyarorszag                                                                                  | HUNGARY GOVERNMENT BOND 4.500000% 03/23/2028                               | CUSIP: N/A<br>LEI: 5299003F3UFKGCCMAP43       | Long             | DBT              | NUSS              | HU        |    933000000 | PA      | $2724900.59   | 0.15%             | 2028-03-23      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Republica del Peru                                                                            | PERU GOVERNMENT BOND 144A 7.300000% 08/12/2033                             | CUSIP: N/A<br>LEI: 254900STKLK2DBJJZ530       | Long             | DBT              | NUSS              | PE        |      2760000 | PA      | $928337.21    | 0.05%             | 2033-08-12      | Fixed         | 7.30%                 | Yes           |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/GBP SETTLE 2026-01-15                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $18812.15     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Republica Argentina                                                                           | REPUBLIC OF ARGENTINA 0.750000% 07/09/2030                                 | CUSIP: 040114HS2<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |      3268040 | PA      | $2699401.04   | 0.15%             | 2030-07-09      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| Kingdom of Bahrain                                                                            | BAHRAIN GOVERNMENT INTERNATIONAL BOND 144A 6.625000% 10/06/2037            | CUSIP: 056909AA2<br>LEI: 54930065PJIB53WWMP12 | Long             | DBT              | NUSS              | BH        |      3656000 | PA      | $3667381.82   | 0.21%             | 2037-10-06      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| PETRONAS Capital Limited                                                                      | PETRONAS CAPITAL LTD MTN 3.500000% 04/21/2030                              | CUSIP: Y68856AT3<br>LEI: 549300G7YFX3540OYR85 | Long             | DBT              | NUSS              | MY        |       717000 | PA      | $698975.95    | 0.04%             | 2030-04-21      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CHILEAN PESO                                                                                  | FX Forward Contract: CLP/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | CL        |            1 | NC      | $46075.45     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Republica del Peru                                                                            | PERU GOVERNMENT BOND 144A 7.600000% 08/12/2039                             | CUSIP: N/A<br>LEI: 254900STKLK2DBJJZ530       | Long             | DBT              | NUSS              | PE        |      6000000 | PA      | $1964929.94   | 0.11%             | 2039-08-12      | Fixed         | 7.60%                 | Yes           |                  2 | On Loan: No      |
| Arab Republic of Egypt                                                                        | ARAB REPUBLIC OF EGYPT 8.500000% 01/31/2047                                | CUSIP: N/A<br>LEI: 529900GFIVH4086NMH82       | Long             | DBT              | NUSS              | EG        |      8929000 | PA      | $8321683.80   | 0.47%             | 2047-01-31      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Kingdom of Thailand                                                                           | THAILAND GOVERNMENT BOND 1.600000% 06/17/2035                              | CUSIP: N/A<br>LEI: 254900PHJ6MSKT6C7026       | Long             | DBT              | NUSS              | TH        |      2000000 | PA      | $61308.24     | 0.00%             | 2035-06-17      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| Banco Central del Uruguay                                                                     | URU MONETARY REG BILL ZERO COUPON 09/04/2026                               | CUSIP: YL3821177<br>LEI: 549300DTMS39GZYBX161 | Long             | DBT              | NUSS              | UY        |    181661000 | PA      | $4335873.57   | 0.25%             | 2026-09-04      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| INDIA RUPEE                                                                                   | FX Forward Contract: INR/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | IN        |            1 | NC      | $-1074.74     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: EUR/USD SETTLE 2026-05-26                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | XX        |            1 | NC      | $-27793.89    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Joint-Stock Cornpany Uzbekneftegaz                                                            | UZBEKNEFTEGAZ JSC 4.750000% 11/16/2028                                     | CUSIP: N/A<br>LEI: 213800LUZJZFLJD4MJ51       | Long             | DBT              | NUSS              | UZ        |      1214000 | PA      | $1148340.88   | 0.07%             | 2028-11-16      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Republic of Tajikistan                                                                        | TAJIKISTAN INT BOND 7.125000% 09/14/2027                                   | CUSIP: N/A<br>LEI: 529900W1LSYUF3CYVU10       | Long             | DBT              | NUSS              | TJ        |      1233333 | PA      | $1234909.41   | 0.07%             | 2027-09-14      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: USD/BRL SETTLE 2025-12-08                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | US        |            1 | NC      | $-4156.41     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Pemerintah Republik Indonesia                                                                 | INDONESIA GOVERNMENT 6.625000% 02/15/2034                                  | CUSIP: N/A<br>LEI: 529900FWX0GRR7WG5W79       | Long             | DBT              | NUSS              | ID        |  62356000000 | PA      | $3828220.35   | 0.22%             | 2034-02-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Republica de El Salvador                                                                      | REPUBLIC OF EL SALVADOR 7.124600% 01/20/2050                               | CUSIP: P01012CA2<br>LEI: 529900AKDMUSFSDOM949 | Long             | DBT              | NUSS              | SV        |      3130000 | PA      | $2819253.60   | 0.16%             | 2050-01-20      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Pemerintah Republik Indonesia                                                                 | INDONESIA GOVERNMENT 6.750000% 07/15/2035                                  | CUSIP: N/A<br>LEI: 529900FWX0GRR7WG5W79       | Long             | DBT              | NUSS              | ID        | 103000000000 | PA      | $6386556.59   | 0.36%             | 2035-07-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| European Bank for Reconstruction and Development                                              | EUROPEAN BANK FOR RECONSTRUCTION & DEVELOPMENT MTN 21.000000% 07/21/2026   | CUSIP: G315GTB60<br>LEI: 549300HTGDOVDU6OGK19 | Long             | DBT              | NUSS              | XX        |    650000000 | PA      | $450010.61    | 0.03%             | 2026-07-21      | Fixed         | 21.00%                | No            |                  2 | On Loan: No      |
| Romania                                                                                       | ROMANIA GOVERNMENT BOND 5.000000% 02/12/2029                               | CUSIP: N/A<br>LEI: 315700IASY927EDWBK92       | Long             | DBT              | NUSS              | RO        |      3100000 | PA      | $671519.26    | 0.04%             | 2029-02-12      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| European Bank for Reconstruction and Development                                              | EUROPEAN BANK FOR RECONSTRUCTION & DEVELOPMENT MTN 22.500000% 07/31/2026   | CUSIP: G315GTD27<br>LEI: 549300HTGDOVDU6OGK19 | Long             | DBT              | NUSS              | XX        |    775000000 | PA      | $545765.44    | 0.03%             | 2026-07-31      | Fixed         | 22.50%                | No            |                  2 | On Loan: No      |
| Uzbek Industrial and Construction Bank Joint-Stock Commerical Bank                            | UZBEK INDUSTRIAL AND CONSTRUCTION BANK ATB 8.950000% 07/24/2029            | CUSIP: N/A<br>LEI: 213800C2NIFPFTXYIU69       | Long             | DBT              | NUSS              | UZ        |      1000000 | PA      | $1064845.35   | 0.06%             | 2029-07-24      | Fixed         | 8.95%                 | No            |                  2 | On Loan: No      |
| ZORLU ENERJI ELEKTRIK URETIM ANONIM SIRKETI                                                   | ZORLU ENERJI ELEKTRIK URETIM AS 11.000000% 04/23/2030                      | CUSIP: N/A<br>LEI: 7890005B5CSNL39OYO75       | Long             | DBT              | NUSS              | TR        |      7800000 | PA      | $6665792.80   | 0.38%             | 2030-04-23      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| Petroleos de Venezuela, S.A.                                                                  | PETROLEOS DE VENEZUELA SA 12.750000% 02/17/2022                            | CUSIP: P7807HAM7<br>LEI: 549300YWR8TN1OFD4P06 | Long             | DBT              | NUSS              | VE        |     11400000 | PA      | $3306000.00   | 0.19%             | 2022-02-17      | Fixed         | 12.75%                | No            |                  2 | On Loan: No      |
| JAPANESE YEN                                                                                  | FX Forward Contract: JPY/USD SETTLE 2026-01-14                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | JP        |            1 | NC      | $-25820.67    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ABSA BANK LIMITED                                                                             | ABSA BANK LTD MTN ZERO COUPON 04/16/2026                                   | CUSIP: YJ1156993<br>LEI: SLI1CVYMJ21DST0Q8K25 | Long             | DBT              | NUSS              | ZA        |    170100000 | PA      | $3262991.82   | 0.19%             | 2026-04-16      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/ZAR SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-3143.21     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Republic of Iraq                                                                              | REPUBLIC OF IRAQ 5.800000% 01/15/2028                                      | CUSIP: M82152AA3<br>LEI: 2549004N3P710UQ9X454 | Long             | DBT              | NUSS              | IQ        |      4359188 | PA      | $4342198.44   | 0.25%             | 2028-01-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| UBS SECURITIES                                                                                | FX Forward Contract: BRL/USD SETTLE 2025-12-11                             | CUSIP: N/A<br>LEI: T6FIZBDPKLYJKFCRVK44       | N/A              | DFE              |  | BR        |            1 | NC      | $12026.84     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Republic of Georgia                                                                           | REPUBLIC OF GEORGIA 2.750000% 04/22/2026                                   | CUSIP: N/A<br>LEI: 2138007T8RLEVDMLQ257       | Long             | DBT              | NUSS              | GE        |      2240000 | PA      | $2213556.44   | 0.13%             | 2026-04-22      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| THE PAKISTAN GLOBAL SUKUK PROGRAMME COMPANY LIMITED                                           | PAKISTAN GLOBAL SUKUK PROGRAMME CO LTD/THE MTN 7.950000% 01/31/2029        | CUSIP: N/A<br>LEI: 213800X5OY6CVYNY1M70       | Long             | DBT              | NUSS              | PK        |      2794000 | PA      | $2837308.01   | 0.16%             | 2029-01-31      | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/ZAR SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-993.97      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Turkiye Cumhuriyeti                                                                           | REPUBLIC OF TURKIYE 6.800000% 11/04/2036                                   | CUSIP: 900123DS6<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |      2160000 | PA      | $2171880.00   | 0.12%             | 2036-11-04      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| Joint-Stock Commercial Bank Agrobank                                                          | JSCB AGROBANK 9.250000% 10/02/2029                                         | CUSIP: N/A<br>LEI: 254900JPMU0LFCP18673       | Long             | DBT              | NUSS              | UZ        |       500000 | PA      | $538344.57    | 0.03%             | 2029-10-02      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| Republica del Peru                                                                            | PERU GOVERNMENT BOND 144A 7.600000% 08/12/2039                             | CUSIP: N/A<br>LEI: 254900STKLK2DBJJZ530       | Long             | DBT              | NUSS              | PE        |      9722000 | PA      | $3183841.48   | 0.18%             | 2039-08-12      | Fixed         | 7.60%                 | Yes           |                  2 | On Loan: No      |
| Republic of South Africa                                                                      | REPUBLIC OF SOUTH AFRICA 8.750000% 01/31/2044                              | CUSIP: N/A<br>LEI: 378900AAFB4F17004C49       | Long             | DBT              | NUSS              | ZA        |    164000000 | PA      | $8980609.93   | 0.51%             | 2044-01-31      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Petroleos de Venezuela, S.A.                                                                  | PETROLEOS DE VENEZUELA 6.0%  05/16/2024                                    | CUSIP: N/A<br>LEI: 549300YWR8TN1OFD4P06       | Long             | DBT              | NUSS              | VE        |      5747000 | PA      | $1408015.00   | 0.08%             | 2024-05-16      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Republica del Peru                                                                            | PERU GOVERNMENT BOND 144A 7.300000% 08/12/2033                             | CUSIP: N/A<br>LEI: 254900STKLK2DBJJZ530       | Long             | DBT              | NUSS              | PE        |     14470000 | PA      | $4867043.26   | 0.28%             | 2033-08-12      | Fixed         | 7.30%                 | Yes           |                  2 | On Loan: No      |
| PERUVIAN NEW SOL                                                                              | FX Forward Contract: PEN/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | PE        |            1 | NC      | $1147.65      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/COP SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-1194471.08  | -0.07%            |  |  |  | No            |                  2 | On Loan: No      |
| USD C/PLN P                                                                                   | USD C/PLN P EXPIRATION: 12/11/2025                                         | CUSIP: USPLC2863<br>LEI: N/A                  | N/A              | DFE              |  | US        |     -7000000 | NC      | $-94.65       | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Rzeczpospolita Polska                                                                         | REPUBLIC OF POLAND 5.500000% 04/04/2053                                    | CUSIP: 731011AW2<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |       350000 | PA      | $341099.23    | 0.02%             | 2053-04-04      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Pemerintah Republik Indonesia                                                                 | INDONESIA GOVERNMENT 7.000000% 05/15/2027                                  | CUSIP: N/A<br>LEI: 529900FWX0GRR7WG5W79       | Long             | DBT              | NUSS              | ID        |   6540000000 | PA      | $402295.41    | 0.02%             | 2027-05-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| KOREAN WON                                                                                    | FX Forward Contract: KRW/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | KR        |            1 | NC      | $-69791.25    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/COP SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-9923.30     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| URUGUAY PESO                                                                                  | FX Forward Contract: UYU/USD SETTLE 2026-03-16                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | XX        |            1 | NC      | $1835.62      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Pemerintah Republik Indonesia                                                                 | INDONESIA GOVERNMENT 8.250000% 05/15/2036                                  | CUSIP: N/A<br>LEI: 529900FWX0GRR7WG5W79       | Long             | DBT              | NUSS              | ID        |   5000000000 | PA      | $343590.51    | 0.02%             | 2036-05-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Kingdom of Saudi Arabia                                                                       | SAUDI GOVERNMENT INTERNATIONAL BOND MTN 5.000000% 01/18/2053               | CUSIP: N/A<br>LEI: 635400FMICXSM3SI3H65       | Long             | DBT              | NUSS              | SA        |       400000 | PA      | $366105.92    | 0.02%             | 2053-01-18      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| USD P/ILS C                                                                                   | USD P/ILS C EXPIRATION: 01/08/2026                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |       175000 | NC      | $20984.25     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Republique de Cote d'Ivoire                                                                   | IVORY COAST GOVERNMENT INTERNATIONAL BOND 144A 8.075000% 04/01/2036        | CUSIP: 221625AV8<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |      2060000 | PA      | $2137307.45   | 0.12%             | 2036-04-01      | Fixed         | 8.07%                 | Yes           |                  2 | On Loan: No      |
| Pemerintah Republik Indonesia                                                                 | REPUBLIC OF INDONESIA 4.850000% 01/11/2033                                 | CUSIP: 455780DR4<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |       300000 | PA      | $302988.47    | 0.02%             | 2033-01-11      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: MXN/USD SETTLE 2026-02-09                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | MX        |            1 | NC      | $45148.53     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Republica del Ecuador                                                                         | REPUBLIC OF ECUADOR ZERO COUPON 07/31/2030                                 | CUSIP: N/A<br>LEI: 5299003Y2U5XK0A35H71       | Long             | DBT              | NUSS              | EC        |       923610 | PA      | $780450.45    | 0.04%             | 2030-07-31      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| USD P/ZAR C                                                                                   | USD P/ZAR C EXPIRATION: 02/02/2026                                         | CUSIP: USZAP28P9<br>LEI: N/A                  | N/A              | DFE              |  | US        |    -20850000 | NC      | $-63267.71    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Republic of Armenia                                                                           | REPUBLIC OF ARMENIA 3.600000% 02/02/2031                                   | CUSIP: N/A<br>LEI: 5299000H77JSW90G7935       | Long             | DBT              | NUSS              | AM        |       742000 | PA      | $674139.44    | 0.04%             | 2031-02-02      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Republic of Uzbekistan                                                                        | REPUBLIC OF UZBEKISTAN INTERNATIONAL BOND 144A 16.250000% 10/12/2026       | CUSIP: 91822QVW4<br>LEI: 213800L6VDKUM3TCM927 | Long             | DBT              | NUSS              | UZ        |  10210000000 | PA      | $874043.23    | 0.05%             | 2026-10-12      | Fixed         | 16.25%                | Yes           |                  2 | On Loan: No      |
| UBS SECURITIES                                                                                | FX Forward Contract: BRL/USD SETTLE 2025-12-11                             | CUSIP: N/A<br>LEI: T6FIZBDPKLYJKFCRVK44       | N/A              | DFE              |  | BR        |            1 | NC      | $25306.90     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Rzeczpospolita Polska                                                                         | REPUBLIC OF POLAND 5.375000% 02/12/2035                                    | CUSIP: 857524AH5<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |      4484000 | PA      | $4681408.64   | 0.27%             | 2035-02-12      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| International Bank for Reconstruction and Development                                         | INTERNATIONAL BANK FOR RECONSTRUCTION & DEVELOPMEN 6.500000% 04/17/2030    | CUSIP: U7230SLF7<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    400000000 | PA      | $4434576.84   | 0.25%             | 2030-04-17      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| KONDOR FINANCE PLC                                                                            | NAK NAFTOGAZ UKRAINE VIA KONDOR FINANCE PLC 7.125000% 07/19/2026           | CUSIP: N/A<br>LEI: 213800PUC1T9GI6EIO63       | Long             | DBT              | NUSS              | UA        |       749051 | PA      | $752022.09    | 0.04%             | 2026-07-19      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Federal Republic of Nigeria                                                                   | NIGERIA GOVERNMENT INTERNATIONAL BOND 144A 8.630800% 01/13/2036            | CUSIP: 65412AFF4<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |      2671000 | PA      | $2819388.21   | 0.16%             | 2036-01-13      | Fixed         | 8.63%                 | Yes           |                  2 | On Loan: No      |
| MEXICAN PESO                                                                                  | FX Forward Contract: MXN/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | MX        |            1 | NC      | $13949.15     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS SECURITIES                                                                                | FX Forward Contract: BRL/USD SETTLE 2025-12-11                             | CUSIP: N/A<br>LEI: T6FIZBDPKLYJKFCRVK44       | N/A              | DFE              |  | BR        |            1 | NC      | $8254.09      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| AZERBAIJAN MANAT                                                                              | FX Forward Contract: AZN/USD SETTLE 2026-12-15                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | AZ        |            1 | NC      | $12864.09     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BRAZILIAN REAL                                                                                | FX Forward Contract: BRL/USD SETTLE 2025-12-08                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | BR        |            1 | NC      | $3219.30      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Magyarorszag                                                                                  | HUNGARY GOVERNMENT INTERNATIONAL BOND 144A 6.750000% 09/23/2055            | CUSIP: 445545AX4<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |      3616000 | PA      | $3807524.95   | 0.22%             | 2055-09-23      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Arab Republic of Egypt                                                                        | EGYPT GOVERNMENT BOND 24.458000% 10/01/2027                                | CUSIP: N/A<br>LEI: 529900GFIVH4086NMH82       | Long             | DBT              | NUSS              | EG        |     24600000 | PA      | $517388.84    | 0.03%             | 2027-10-01      | Fixed         | 24.46%                | No            |                  2 | On Loan: No      |
| MEXICAN PESO                                                                                  | FX Forward Contract: MXN/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | MX        |            1 | NC      | $16082.60     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/ZAR SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-39465.92    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Joint-stock company National Bank for Foreign Economic Activity of the Republic of Uzbekistan | TBC BANK GROUP PLC 20.00%                                                  | CUSIP: N/A<br>LEI: 253400TZJ7T1YULTGN68       | Long             | DBT              | NUSS              | UZ        |  38700000000 | PA      | $3464059.36   | 0.20%             | 2028-06-05      | Fixed         | 22.00%                | No            |                  2 | On Loan: No      |
| INDIA RUPEE                                                                                   | FX Forward Contract: INR/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | IN        |            1 | NC      | $-1826.38     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Magyarorszag                                                                                  | HUNGARY 3.125000% 09/21/2051                                               | CUSIP: N/A<br>LEI: 5299003F3UFKGCCMAP43       | Long             | DBT              | NUSS              | HU        |      4523000 | PA      | $2820909.03   | 0.16%             | 2051-09-21      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Kingdom of Thailand                                                                           | THAILAND GOVERNMENT BOND 3.450000% 06/17/2043                              | CUSIP: N/A<br>LEI: 254900PHJ6MSKT6C7026       | Long             | DBT              | NUSS              | TH        |    150046000 | PA      | $5444273.91   | 0.31%             | 2043-06-17      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| CZECH REPUBLIC KORUNA                                                                         | FX Forward Contract: CZK/EUR SETTLE 2025-12-02                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | CZ        |            1 | NC      | $60526.84     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Rzeczpospolita Polska                                                                         | POLAND GOVERNMENT BOND 2.750000% 04/25/2028                                | CUSIP: N/A<br>LEI: 259400R9L8QEP0TPXS31       | Long             | DBT              | NUSS              | PL        |      1777000 | PA      | $474777.89    | 0.03%             | 2028-04-25      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/ZAR SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-7155.74     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Republica Bolivariana de Venezuela                                                            | VENEZUELA GOVERNMENT INTERNATIONAL BOND MATURITY:05/07/2026                | CUSIP: P17625AA5<br>LEI: 529900XM8PJTJK5OJI77 | Long             | DBT              | NUSS              | VE        |      1028800 | PA      | $282920.00    | 0.02%             | 2026-05-07      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/PLN SETTLE 2026-03-18                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-4827.12     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Democratic Socialist Republic of Sri Lanka                                                    | SRI LANKA GOVERNMENT INTERNATIONAL BOND 144A 3.600000% 02/15/2038          | CUSIP: N/A<br>LEI: 254900IG6Y30I2QE2R92       | Long             | DBT              | NUSS              | LK        |      1694869 | PA      | $1554405.17   | 0.09%             | 2038-02-15      | Fixed         | 3.60%                 | Yes           |                  2 | On Loan: No      |
| BRAZILIAN REAL                                                                                | FX Forward Contract: BRL/USD SETTLE 2025-12-08                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | BR        |            1 | NC      | $697.51       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Republica Federativa do Brasil                                                                | FED REPUBLIC OF BRAZIL 5.500000% 02/04/2033                                | CUSIP: 105756CP3<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |      2708000 | PA      | $2688773.20   | 0.15%             | 2033-02-04      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Republic of Ukraine                                                                           | UKRAINE GOVERNMENT 4.500000% 02/01/2034                                    | CUSIP: N/A<br>LEI: 6354001WLTJXOMEXPY07       | Long             | DBT              | NUSS              | UA        |       850634 | PA      | $499630.30    | 0.03%             | 2034-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Republique du Cameroun                                                                        | REPUBLIC OF CAMEROON 9.500000% 07/31/2031                                  | CUSIP: N/A<br>LEI: 54930021BO6NHYGBBV24       | Long             | DBT              | NUSS              | CM        |       331000 | PA      | $317863.18    | 0.02%             | 2031-07-31      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Republica de Colombia                                                                         | REPUBLIC OF COLOMBIA 3.250000% 04/22/2032                                  | CUSIP: 195325DZ5<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |      3568000 | PA      | $3025664.00   | 0.17%             | 2032-04-22      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Latvijas Republika                                                                            | LATVIA GOVERNMENT INTERNATIONAL BOND MTN 5.125000% 07/30/2034              | CUSIP: N/A<br>LEI: 25490002QDEB2KTLNK39       | Long             | DBT              | NUSS              | LV        |       950000 | PA      | $982027.46    | 0.06%             | 2034-07-30      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | USD P/ILS C EXPIRATION: 02/10/2026                                         | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | US        |      1400000 | NC      | $133797.74    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ISRAELI SHEKEL                                                                                | FX Forward Contract: ILS/USD SETTLE 2025-12-10                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | IL        |            1 | NC      | $10019.55     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CBB INTERNATIONAL SUKUK PROGRAMME COMPANY W.L.L                                               | CBB INTERNATIONAL SUKUK PROGRAMME CO WLL 144A 6.250000% 07/07/2033         | CUSIP: 124808AB2<br>LEI: 5493006IRJ2IWXTNIM16 | Long             | DBT              | NUSS              | BH        |       802000 | PA      | $825574.85    | 0.05%             | 2033-07-07      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| USD P/BRL C                                                                                   | USD P/BRL C EXPIRATION: 01/15/2026                                         | CUSIP: USBRP28R7<br>LEI: N/A                  | N/A              | DFE              |  | US        |     13000000 | NC      | $187109.65    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| UBS SECURITIES                                                                                | FX Forward Contract: BRL/USD SETTLE 2026-01-05                             | CUSIP: N/A<br>LEI: T6FIZBDPKLYJKFCRVK44       | N/A              | DFE              |  | BR        |            1 | NC      | $1242.25      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS SECURITIES                                                                                | FX Forward Contract: BRL/USD SETTLE 2025-12-02                             | CUSIP: N/A<br>LEI: T6FIZBDPKLYJKFCRVK44       | N/A              | DFE              |  | BR        |            1 | NC      | $3321.96      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Pemerintah Republik Indonesia                                                                 | INDONESIA GOVERNMENT 6.500000% 04/15/2036                                  | CUSIP: N/A<br>LEI: 529900FWX0GRR7WG5W79       | Long             | DBT              | NUSS              | ID        | 119000000000 | PA      | $7237886.52   | 0.41%             | 2036-04-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: EUR/USD SETTLE 2026-04-01                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | XX        |            1 | NC      | $-38107.99    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MEXICAN PESO                                                                                  | FX Forward Contract: MXN/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | MX        |            1 | NC      | $4175.46      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Republique du Senegal                                                                         | REPUBLIC OF SENEGAL 6.750000% 03/13/2048                                   | CUSIP: N/A<br>LEI: 549300NP14ZLQGWIUZ97       | Long             | DBT              | NUSS              | SN        |      1850000 | PA      | $1032726.09   | 0.06%             | 2048-03-13      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK SECURITIES, INC.                                                                | FX Forward Contract: HUF/USD SETTLE 2026-05-11                             | CUSIP: N/A<br>LEI: 9J6MBOOO7BECTDTUZW19       | N/A              | DFE              |  | HU        |            1 | NC      | $94090.87     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| TURKISH LIRA                                                                                  | FX Forward Contract: TRY/USD SETTLE 2025-12-10                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | TR        |            1 | NC      | $18593.49     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Azarbayjan Respublikasi                                                                       | REPUBLIC OF AZERBAIJAN 3.500000% 09/01/2032                                | CUSIP: N/A<br>LEI: 549300P74FF45UQVU281       | Long             | DBT              | NUSS              | AZ        |       993000 | PA      | $926794.00    | 0.05%             | 2032-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                                                                        | ASIAN DEVELOPMENT BANK MTN 4.500000% 05/30/2028                            | CUSIP: Y0338UNB1<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |      5500000 | PA      | $1617887.98   | 0.09%             | 2028-05-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                                           | NIGERIA OMO BILL ZERO COUPON 04/28/2026                                    | CUSIP: YJ3143247<br>LEI: N/A                  | Long             | DBT              | NUSS              | NG        |   1000000000 | PA      | $636189.10    | 0.04%             | 2026-04-28      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Magyarorszag                                                                                  | HUNGARY GOVERNMENT BOND 3.000000% 04/25/2041                               | CUSIP: N/A<br>LEI: 5299003F3UFKGCCMAP43       | Long             | DBT              | NUSS              | HU        |    883820000 | PA      | $1636069.30   | 0.09%             | 2041-04-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| LLPL CAPITAL PTE. LTD.                                                                        | LLPL CAPITAL PTE LTD 6.875000% 02/04/2039                                  | CUSIP: Y51478AA6<br>LEI: 254900VXZ8FXTUQNON22 | Long             | DBT              | NUSS              | ID        |       140460 | PA      | $146263.67    | 0.01%             | 2039-02-04      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| People's Republic of China                                                                    | CHINA GOVERNMENT BOND 2.150000% 08/25/2055                                 | CUSIP: N/A<br>LEI: 300300CHN201808MOF68       | Long             | DBT              | NUSS              | CN        |     11000000 | PA      | $1533367.88   | 0.09%             | 2055-08-25      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| Republic of Zambia                                                                            | REPUBLIC OF ZAMBIA 5.750000% 06/30/2033                                    | CUSIP: V7179UML0<br>LEI: 213800DMLAZ6LGMMD849 | Long             | DBT              | NUSS              | ZM        |      1288263 | PA      | $1239894.49   | 0.07%             | 2033-06-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Romania                                                                                       | ROMANIA 3.000000% 02/14/2031                                               | CUSIP: N/A<br>LEI: 315700IASY927EDWBK92       | Long             | DBT              | NUSS              | RO        |      3820000 | PA      | $3448347.50   | 0.20%             | 2031-02-14      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ACWA POWER MANAGEMENT AND INVESTMENTS ONE LTD                                                 | ACWA POWER MANAGEMENT AND INVESTMENTS ONE LTD 5.950000% 12/15/2039         | CUSIP: M00020AA1<br>LEI: 635400M3OWQGQBZOYO38 | Long             | DBT              | NUSS              | SA        |       655330 | PA      | $668886.53    | 0.04%             | 2039-12-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK SECURITIES, INC.                                                                | USD P/MXN C EXPIRATION: 02/17/2026                                         | CUSIP: USMXP28Y6<br>LEI: 9J6MBOOO7BECTDTUZW19 | N/A              | DFE              |  | US        |     12800000 | NC      | $85414.08     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Petroleos de Venezuela, S.A.                                                                  | PETROLEOS DE VENEZUELA SA 9.000000% 11/17/2021                             | CUSIP: P7807HAP0<br>LEI: 549300YWR8TN1OFD4P06 | Long             | DBT              | NUSS              | VE        |      2000000 | PA      | $501000.00    | 0.03%             | 2021-11-17      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| HSBC Bank PLC                                                                                 | BRK : HSBC REC : 7.74% FIXED                                               | CUSIP: N/A<br>LEI: MP6I5ZYZBEU3UXPYFY54       | N/A              | DIR              |  | CO        |   3917000000 | NC      | $-35541.29    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| People's Republic of China                                                                    | CHINA GOVERNMENT BOND 1.670000% 05/25/2035                                 | CUSIP: N/A<br>LEI: 300300CHN201808MOF68       | Long             | DBT              | NUSS              | CN        |     26000000 | PA      | $3632575.88   | 0.21%             | 2035-05-25      | Fixed         | 1.67%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: EUR/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | XX        |            1 | NC      | $-7793.26     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| PRIVATE JOINT STOCK COMPANY NATIONAL POWER COMPANY UKRENERGO                                  | NPC UKRENERGO 6.875000% 11/09/2026                                         | CUSIP: N/A<br>LEI: 8945009LCLS92V4AK321       | Long             | DBT              | NUSS              | UA        |      1085000 | PA      | $907734.86    | 0.05%             | 2026-11-09      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Republic of Uzbekistan                                                                        | UZBEKISTAN INTL BOND 5.375000% 05/29/2027                                  | CUSIP: N/A<br>LEI: 213800L6VDKUM3TCM927       | Long             | DBT              | NUSS              | UZ        |      1390000 | PA      | $1646428.09   | 0.09%             | 2027-05-29      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| MEXICAN PESO                                                                                  | FX Forward Contract: MXN/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | MX        |            1 | NC      | $7451.71      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Estados Unidos Mexicanos                                                                      | UNITED MEXICAN STATES 7.375000% 05/13/2055                                 | CUSIP: 91087BBD1<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |      4595000 | PA      | $5035017.20   | 0.29%             | 2055-05-13      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| HUNGARIAN FORINT                                                                              | FX Forward Contract: HUF/USD SETTLE 2026-03-09                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | HU        |            1 | NC      | $27774.86     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Perusahaan Penerbit Surat Berharga Syariah Negara Indonesia III                               | INDONESIA GOVT SUKUK 4.550000% 07/23/2030                                  | CUSIP: 71567RBD7<br>LEI: 254900G208H6Q0L5B953 | Long             | DBT              | NUSS              | ID        |       707000 | PA      | $712252.56    | 0.04%             | 2030-07-23      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Republica de Colombia                                                                         | TITULOS DE TESORERIA 7.50000% 10/18/2034                                   | CUSIP: P6S32JS68<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |  38047300000 | PA      | $7376687.30   | 0.42%             | 2034-10-18      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/PEN SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-10329.18    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE BANK N.A.                                                                     | Credit Default Swap                                                        | CUSIP: CDS280HW4<br>LEI: 984500653R409CC5AB28 | N/A              | DCR              |  | US        |      4900000 | NC      | $-34324.04    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/ZAR SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-1196.58     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| TURKISH LIRA                                                                                  | FX Forward Contract: TRY/USD SETTLE 2026-01-26                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | TR        |            1 | NC      | $10755.78     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Republic of Kazakhstan                                                                        | KAZAKH GOV BOND - MEUKAM 14.450000% 06/05/2033                             | CUSIP: YN2049701<br>LEI: 5493007OEK8EF02UO833 | Long             | DBT              | NUSS              | KZ        |    975000000 | PA      | $1662901.41   | 0.09%             | 2033-06-05      | Fixed         | 14.45%                | No            |                  2 | On Loan: No      |
| Kingdom of Saudi Arabia                                                                       | SAUDI GOVERNMENT INTERNATIONAL BOND MTN 4.625000% 10/04/2047               | CUSIP: N/A<br>LEI: 635400FMICXSM3SI3H65       | Long             | DBT              | NUSS              | SA        |      5839000 | PA      | $5153355.43   | 0.29%             | 2047-10-04      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| The Hashemite Kingdom of Jordan                                                               | JORDAN GOVERNMENT INTERNATIONAL BOND 144A 7.500000% 01/13/2029             | CUSIP: 41809JAB1<br>LEI: 5493000JZ4MYPVMBVN50 | Long             | DBT              | NUSS              | JO        |      1698000 | PA      | $1784461.34   | 0.10%             | 2029-01-13      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| INDONESIA RUPIAH                                                                              | FX Forward Contract: IDR/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | ID        |            1 | NC      | $597.25       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Republic of South Africa                                                                      | REPUBLIC OF SOUTH AFRICA 8.000000% 01/31/2030                              | CUSIP: N/A<br>LEI: 378900AAFB4F17004C49       | Long             | DBT              | NUSS              | ZA        |    158177023 | PA      | $9381071.17   | 0.53%             | 2030-01-31      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Republica de Colombia                                                                         | REPUBLIC OF COLOMBIA 8.500000% 04/25/2035                                  | CUSIP: 195325ES0<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |     10032000 | PA      | $11230824.00  | 0.64%             | 2035-04-25      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| BRAZILIAN REAL                                                                                | FX Forward Contract: BRL/USD SETTLE 2025-12-08                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | BR        |            1 | NC      | $8790.13      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Joint-stock company National Bank for Foreign Economic Activity of the Republic of Uzbekistan | NATIONAL BANK OF UZBEKIS 19.875000% 07/05/2027                             | CUSIP: N/A<br>LEI: 253400TZJ7T1YULTGN68       | Long             | DBT              | NUSS              | UZ        |   5000000000 | PA      | $429240.23    | 0.02%             | 2027-07-05      | Fixed         | 19.88%                | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: IDR/USD SETTLE 2025-12-10                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | ID        |            1 | NC      | $227.51       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| USD C/CLP P                                                                                   | USD C/CLP P EXPIRATION: 06/12/2026                                         | CUSIP: USCLC28X7<br>LEI: N/A                  | N/A              | DFE              |  | US        |     -3100000 | NC      | $-35359.11    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: USD/CNY SETTLE 2025-12-08                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | US        |            1 | NC      | $-325.23      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                                                                      | Credit Default Swap                                                        | CUSIP: CDS2882W1<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DCR              |  | US        |      4500000 | NC      | $89853.85     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Republic of the Philippines                                                                   | REPUBLIC OF PHILIPPINES 1.950000% 01/06/2032                               | CUSIP: 718286CN5<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |      9008000 | PA      | $7847135.80   | 0.45%             | 2032-01-06      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| Leviathan Bond LTD                                                                            | LEVIATHAN BOND LTD 144A 6.750000% 06/30/2030                               | CUSIP: N/A<br>LEI: 254900D9T8VKYVQNZ220       | Long             | DBT              | NUSS              | IL        |       369829 | PA      | $374830.94    | 0.02%             | 2030-06-30      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| UBS SECURITIES                                                                                | FX Forward Contract: BRL/USD SETTLE 2025-12-02                             | CUSIP: N/A<br>LEI: T6FIZBDPKLYJKFCRVK44       | N/A              | DFE              |  | BR        |            1 | NC      | $68408.49     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: EUR/USD SETTLE 2026-04-08                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | XX        |            1 | NC      | $-8168.38     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Mazoon Assets Company SAOC                                                                    | MAZOON ASSETS CO SAOC 5.250000% 10/09/2031                                 | CUSIP: N/A<br>LEI: 6354003TDIRN5Y6LJP91       | Long             | DBT              | NUSS              | OM        |       365000 | PA      | $372300.00    | 0.02%             | 2031-10-09      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CHINESE YUAN RENMINBI                                                                         | FX Forward Contract: CNY/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | CN        |            1 | NC      | $659.04       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| COLOMBIA PESO                                                                                 | FX Forward Contract: COP/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | CO        |            1 | NC      | $7489.59      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UZBEKISTAN SUM                                                                                | FX Forward Contract: UZS/USD SETTLE 2026-07-07                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | XX        |            1 | NC      | $17529.12     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Estados Unidos Mexicanos                                                                      | MEX BONOS DESARR FIX RT 7.750000% 11/13/2042                               | CUSIP: N/A<br>LEI: 254900EGTWEU67VP6075       | Long             | DBT              | NUSS              | MX        |     29000000 | PA      | $1376651.29   | 0.08%             | 2042-11-13      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Republica de Colombia                                                                         | TITULOS DE TESORERIA 13.250000% 02/09/2033                                 | CUSIP: N/A<br>LEI: 549300MHDRBVRF6B9117       | Long             | DBT              | NUSS              | CO        |  12000000000 | PA      | $3308202.35   | 0.19%             | 2033-02-09      | Fixed         | 13.25%                | No            |                  2 | On Loan: No      |
| INDONESIA RUPIAH                                                                              | FX Forward Contract: IDR/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | ID        |            1 | NC      | $-7279.98     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: USD/COP SETTLE 2025-12-10                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | US        |            1 | NC      | $-755.84      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/ZAR SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $918.82       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/BRL SETTLE 2026-04-06                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-16391.30    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| INDIA RUPEE                                                                                   | FX Forward Contract: INR/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | IN        |            1 | NC      | $-3816.06     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| AZERBAIJAN MANAT                                                                              | FX Forward Contract: AZN/USD SETTLE 2026-06-03                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | AZ        |            1 | NC      | $14663.49     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/PLN SETTLE 2026-01-09                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-807.74      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Standard Chartered Bank                                                                       | BRK : STANDARD CHARTERED BANK PAY : 5.165% FIXED                           | CUSIP: N/A<br>LEI: 276345HYMX591FE8F735       | N/A              | DIR              |  | CL        |   2500000000 | NC      | $-10328.64    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Republica de Colombia                                                                         | REPUBLIC OF COLOMBIA 5.200000% 05/15/2049                                  | CUSIP: 195325DQ5<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |       900000 | PA      | $664425.00    | 0.04%             | 2049-05-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| BROKER - JPM                                                                                  | BROKER - JPM PAY - INR OVERNIGHT MIBOR                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | IN        |    129000000 | NC      | $-6898.20     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BRK : DEUTSCHE BANK SECURITIES INC.                                                           | BRK : DEUTSCHE BANK SECURITIES INC. PAY : 6.628% FIXED                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | ZA        |    297500000 | NC      | $-62763.92    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Republic of Cote 3/25                                                                         | Republic of Cote 3/25 3/18/2026                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              |  | XX        |      4040000 | PA      | $4665181.16   | 0.27%             | 2026-03-18      | Floating      | 4.92%                 | No            |                  2 | On Loan: No      |
| POLISH ZLOTY                                                                                  | FX Forward Contract: PLN/USD SETTLE 2026-01-09                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | PA        |            1 | NC      | $13517.47     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Estado Plurinacional de Bolivia                                                               | BOLIVIA GOVERNMENT 4.500000% 03/20/2028                                    | CUSIP: P37878AC2<br>LEI: 529900TGIRPY3SZXEB56 | Long             | DBT              | NUSS              | BO        |      1100000 | PA      | $1007237.00   | 0.06%             | 2028-03-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Delphos Securities SARL                                                                       | DELPHOS SECURITIES SARL - COMPARTMENT BERNINA MTN 7.625000% 04/08/2035     | CUSIP: N/A<br>LEI: 2138009URW4RUTSQ7O74       | Long             | DBT              | NUSS              | LU        |      2700000 | PA      | $3081856.92   | 0.18%             | 2035-04-08      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| Tecpetrol S.A.                                                                                | TECPETROL SA 144A 7.625000% 11/03/2030                                     | CUSIP: 87876TAH7<br>LEI: 529900C0GOV3UC7ZMZ16 | Long             | DBT              | NUSS              | AR        |      1713000 | PA      | $1695870.00   | 0.10%             | 2030-11-03      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| Rzeczpospolita Polska                                                                         | POLAND GOVERNMENT BOND 1.750000% 04/25/2032                                | CUSIP: N/A<br>LEI: 259400R9L8QEP0TPXS31       | Long             | DBT              | NUSS              | PL        |      9425000 | PA      | $2165127.10   | 0.12%             | 2032-04-25      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Pemerintah Republik Indonesia                                                                 | INDONESIA GOVERNMENT 6.750000% 07/15/2035                                  | CUSIP: N/A<br>LEI: 529900FWX0GRR7WG5W79       | Long             | DBT              | NUSS              | ID        |  51479000000 | PA      | $3191976.18   | 0.18%             | 2035-07-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK SECURITIES, INC.                                                                | FX Forward Contract: HUF/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9J6MBOOO7BECTDTUZW19       | N/A              | DFE              |  | HU        |            1 | NC      | $7322.80      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Pemerintah Republik Indonesia                                                                 | INDONESIA GOVERNMENT 6.500000% 07/15/2030                                  | CUSIP: N/A<br>LEI: 529900FWX0GRR7WG5W79       | Long             | DBT              | NUSS              | ID        |   5230000000 | PA      | $322981.94    | 0.02%             | 2030-07-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/BRL SETTLE 2025-12-02                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-5982.97     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Standard Chartered Bank                                                                       | REF: MIBOR INDEX BRK: STANDARD CHARTERED BANK                              | CUSIP: N/A<br>LEI: 276345HYMX591FE8F735       | N/A              | DIR              |  | IN        |    776140000 | NC      | $121161.63    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| PRIO Luxembourg Holding S.a r.l.                                                              | PRIO LUXEMBOURG HOLDING SARL 144A 6.750000% 10/15/2030                     | CUSIP: 74259PAA5<br>LEI: 2221003VQP4JY7T31H94 | Long             | DBT              | NUSS              | BR        |      3885000 | PA      | $3797276.70   | 0.22%             | 2030-10-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Republic of South Africa                                                                      | REPUBLIC OF SOUTH AFRICA 8.500000% 01/31/2037                              | CUSIP: N/A<br>LEI: 378900AAFB4F17004C49       | Long             | DBT              | NUSS              | ZA        |     31438201 | PA      | $1779163.28   | 0.10%             | 2037-01-31      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| UBS SECURITIES                                                                                | FX Forward Contract: BRL/USD SETTLE 2025-12-11                             | CUSIP: N/A<br>LEI: T6FIZBDPKLYJKFCRVK44       | N/A              | DFE              |  | BR        |            1 | NC      | $11152.69     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| TURKISH LIRA                                                                                  | FX Forward Contract: TRY/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | TR        |            1 | NC      | $78689.98     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Republica Bolivariana de Venezuela                                                            | REPUBLIC OF VENEZUELA 12.750000% 08/23/2022                                | CUSIP: P17625AC1<br>LEI: 529900XM8PJTJK5OJI77 | Long             | DBT              | NUSS              | VE        |     10040000 | PA      | $3112400.00   | 0.18%             | 2022-08-23      | Fixed         | 12.75%                | No            |                  2 | On Loan: No      |
| Republica Oriental del Uruguay                                                                | REPUBLICA ORIENT URUGUAY 5.100000% 06/18/2050                              | CUSIP: 760942BA9<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |       479000 | PA      | $456966.00    | 0.03%             | 2050-06-18      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Pemerintah Republik Indonesia                                                                 | INDONESIA GOVERNMENT 8.250000% 05/15/2029                                  | CUSIP: N/A<br>LEI: 529900FWX0GRR7WG5W79       | Long             | DBT              | NUSS              | ID        |  47387000000 | PA      | $3071405.97   | 0.17%             | 2029-05-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| REF: MXIBTIEF INDEX                                                                           | REF: MXIBTIEF INDEX BRK: TD SECURITIES                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | MX        |    781641929 | NC      | $849688.26    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| EUR P/HUF C                                                                                   | EUR P/HUF C EXPIRATION: 04/30/2026                                         | CUSIP: EUHUP28Z9<br>LEI: N/A                  | N/A              | DFE              |  | US        |       340000 | NC      | $128288.67    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: KRW/USD SETTLE 2026-02-11                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | KR        |            1 | NC      | $-191936.37   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Republica de Colombia                                                                         | REPUBLIC OF COLOMBIA 5.625000% 02/26/2044                                  | CUSIP: 195325BR5<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |      4555000 | PA      | $3700937.50   | 0.21%             | 2044-02-26      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/ZAR SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-2675.13     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                                                                        | ASIAN DEVELOPMENT BANK MTN 20.000000% 03/27/2026                           | CUSIP: Y002MNUY8<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |    352000000 | PA      | $245270.79    | 0.01%             | 2026-03-27      | Fixed         | 20.00%                | No            |                  2 | On Loan: No      |
| SOUTH AFRICAN RAND                                                                            | FX Forward Contract: ZAR/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | ZA        |            1 | NC      | $22002.87     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| USD P/BRL C                                                                                   | USD P/BRL C EXPIRATION: 01/15/2026                                         | CUSIP: USBRP28S5<br>LEI: N/A                  | N/A              | DFE              |  | US        |    -19500000 | NC      | $-97935.89    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Kingston Airport Revenue Finance Limited                                                      | KINGSTON AIRPORT REVENUE FINANCE LTD 144A 6.750000% 12/15/2036             | CUSIP: 49647QAA6<br>LEI: 254900SK2YRR95AVHU30 | Long             | DBT              | NUSS              | JM        |      1744000 | PA      | $1778880.00   | 0.10%             | 2036-12-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/EUR SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $3726.17      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UZBEKISTAN SUM                                                                                | FX Forward Contract: UZS/USD SETTLE 2026-01-28                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | XX        |            1 | NC      | $4437.32      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| PERU LNG S.R.L.                                                                               | PERU LNG SRL 5.375000% 03/22/2030                                          | CUSIP: P7721BAE1<br>LEI: 254900F70J1LOALV5K70 | Long             | DBT              | NUSS              | PE        |      1800240 | PA      | $1734876.35   | 0.10%             | 2030-03-22      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Republica del Peru                                                                            | REPUBLIC OF PERU 3.600000% 01/15/2072                                      | CUSIP: 715638DW9<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |      1000000 | PA      | $642000.00    | 0.04%             | 2072-01-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Republica Bolivariana de Venezuela                                                            | REPUBLIC OF VENEZUELA VARIABLE RATE 10/13/2019                             | CUSIP: P97475AN0<br>LEI: 529900XM8PJTJK5OJI77 | Long             | DBT              | NUSS              | VE        |     10439700 | PA      | $2672563.20   | 0.15%             | 2029-10-13      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| EGYPTIAN POUND                                                                                | FX Forward Contract: EGP/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | EG        |            1 | NC      | $46193.58     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Romania                                                                                       | ROMANIA 6.375000% 01/30/2034                                               | CUSIP: N/A<br>LEI: 315700IASY927EDWBK92       | Long             | DBT              | NUSS              | RO        |      1280000 | PA      | $1324487.46   | 0.08%             | 2034-01-30      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK SECURITIES, INC.                                                                | USD P/MXN C EXPIRATION: 02/17/2026                                         | CUSIP: USMXP28C3<br>LEI: 9J6MBOOO7BECTDTUZW19 | N/A              | DFE              |  | US        |    -19200000 | NC      | $-41040.50    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Banque Centrale de Tunisie                                                                    | TUNISIAN REPUBLIC MTN 3.500000% 02/03/2033                                 | CUSIP: N/A<br>LEI: 254900B5LFB16S9T2T11       | Long             | DBT              | NUSS              | TN        |    600000000 | PA      | $3195181.94   | 0.18%             | 2033-02-03      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: BRL/USD SETTLE 2025-12-02                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | BR        |            1 | NC      | $6637.41      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GHANA CEDI                                                                                    | FX Forward Contract: GHS/USD SETTLE 2026-03-30                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | GH        |            1 | NC      | $31717.84     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Rzeczpospolita Polska                                                                         | POLAND GOVERNMENT BOND 1.250000% 10/25/2030                                | CUSIP: N/A<br>LEI: 259400R9L8QEP0TPXS31       | Long             | DBT              | NUSS              | PL        |     17000000 | PA      | $4008290.40   | 0.23%             | 2030-10-25      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Estados Unidos Mexicanos                                                                      | MEX BONOS DESARR FIX RT 7.750000% 11/23/2034                               | CUSIP: N/A<br>LEI: 254900EGTWEU67VP6075       | Long             | DBT              | NUSS              | MX        |     43815200 | PA      | $2249786.83   | 0.13%             | 2034-11-23      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Republica de El Salvador                                                                      | REPUBLIC OF EL SALVADOR 9.500000% 07/15/2052                               | CUSIP: P01012CC8<br>LEI: 529900AKDMUSFSDOM949 | Long             | DBT              | NUSS              | SV        |      3112000 | PA      | $3442556.64   | 0.20%             | 2052-07-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| CITIGROUP GLOBAL MARKETS INC.                                                                 | REF: WIBOR INDEX BRK: CITIGROUP                                            | CUSIP: N/A<br>LEI: 6SHGI4ZSSLCXXQSBB395       | N/A              | DIR              |  | PL        |      7300000 | NC      | $132342.01    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| KOREAN WON                                                                                    | FX Forward Contract: KRW/USD SETTLE 2026-01-20                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | KR        |            1 | NC      | $-76167.20    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/EUR SETTLE 2026-01-14                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $5460.82      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CHILEAN PESO                                                                                  | FX Forward Contract: CLP/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | CL        |            1 | NC      | $5900.90      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CHILEAN PESO                                                                                  | FX Forward Contract: CLP/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | CL        |            1 | NC      | $41430.94     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/TRY SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-65438.25    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Estados Unidos Mexicanos                                                                      | MEXICO GOVERNMENT INTERNATIONAL BOND MTN 5.625000% 03/19/2114              | CUSIP: N/A<br>LEI: 254900EGTWEU67VP6075       | Long             | DBT              | NUSS              | MX        |      9800000 | PA      | $9887396.62   | 0.56%             | 2114-03-19      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| The Hashemite Kingdom of Jordan                                                               | JORDAN GOVERNMENT INTERNATIONAL BOND 144A 5.750000% 11/12/2032             | CUSIP: 418097AP6<br>LEI: 5493000JZ4MYPVMBVN50 | Long             | DBT              | NUSS              | JO        |       900000 | PA      | $884074.21    | 0.05%             | 2032-11-12      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Republic of Zambia                                                                            | REPUBLIC OF ZAMBIA 5.750000% 06/30/2033                                    | CUSIP: V7179UML0<br>LEI: 213800DMLAZ6LGMMD849 | Long             | DBT              | NUSS              | ZM        |       811475 | PA      | $781007.64    | 0.04%             | 2033-06-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Arab Republic of Egypt                                                                        | EGYPT GOVERNMENT INTERNATIONAL BOND MTN 8.625000% 02/04/2030               | CUSIP: N/A<br>LEI: 529900GFIVH4086NMH82       | Long             | DBT              | NUSS              | EG        |      2880000 | PA      | $3121200.37   | 0.18%             | 2030-02-04      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| POLISH ZLOTY                                                                                  | FX Forward Contract: PLN/USD SETTLE 2025-12-02                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | PA        |            1 | NC      | $298376.95    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Romania                                                                                       | ROMANIA GOVERNMENT BOND 8.000000% 04/29/2030                               | CUSIP: N/A<br>LEI: 315700IASY927EDWBK92       | Long             | DBT              | NUSS              | RO        |     11900000 | PA      | $2824285.93   | 0.16%             | 2030-04-29      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Federal Republic of Nigeria                                                                   | NIGERIA OMO BILL ZERO COUPON 02/10/2026                                    | CUSIP: YR4820720<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |    538400000 | PA      | $356397.86    | 0.02%             | 2026-02-10      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/CZK SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-21511.94    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Romania                                                                                       | ROMANIAN GOVERNMENT INTERNATIONAL BOND 144A 5.750000% 09/16/2030           | CUSIP: 77586RAY6<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |      2710000 | PA      | $2781630.77   | 0.16%             | 2030-09-16      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| PETRONAS Capital Limited                                                                      | PETRONAS CAPITAL LTD MTN 4.950000% 01/03/2031                              | CUSIP: Y68856BD7<br>LEI: 549300G7YFX3540OYR85 | Long             | DBT              | NUSS              | MY        |      2173000 | PA      | $2254132.63   | 0.13%             | 2031-01-03      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Republica Federativa do Brasil                                                                | FED REPUBLIC OF BRAZIL 4.750000% 01/14/2050                                | CUSIP: 105756CB4<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |      1139000 | PA      | $842290.50    | 0.05%             | 2050-01-14      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| SOUTH AFRICAN RAND                                                                            | FX Forward Contract: ZAR/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | ZA        |            1 | NC      | $35569.13     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Republic of Kazakhstan                                                                        | KAZAKHSTAN GOVERNMENT INTERNATIONAL BOND 144A 5.000000% 07/01/2032         | CUSIP: 486661BN0<br>LEI: 5493007OEK8EF02UO833 | Long             | DBT              | NUSS              | KZ        |      3067000 | PA      | $3122358.80   | 0.18%             | 2032-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| TURKISH LIRA                                                                                  | FX Forward Contract: TRY/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | TR        |            1 | NC      | $66451.70     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK SECURITIES, INC.                                                                | FX Forward Contract: HUF/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9J6MBOOO7BECTDTUZW19       | N/A              | DFE              |  | HU        |            1 | NC      | $8850.18      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/JPY SETTLE 2026-01-14                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $125790.06    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Services LLC                                                           | Credit Default Swap                                                        | CUSIP: CDS288J30<br>LEI: I7331LVCZKQKX5T7XV54 | N/A              | DCR              |  | US        |      1500000 | NC      | $29951.28     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/ZAR SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-68095.69    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| INDIA RUPEE                                                                                   | FX Forward Contract: INR/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | IN        |            1 | NC      | $-71889.09    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GHANA CEDI                                                                                    | FX Forward Contract: GHS/USD SETTLE 2026-04-14                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | GH        |            1 | NC      | $6001.00      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Uzbek Industrial and Construction Bank Joint-Stock Commerical Bank                            | UZBEK INDUSTRIAL AND CONSTRUCTION BANK ATB 21.000000% 07/24/2027           | CUSIP: N/A<br>LEI: 213800C2NIFPFTXYIU69       | Long             | DBT              | NUSS              | UZ        |  18200000000 | PA      | $1586540.90   | 0.09%             | 2027-07-24      | Fixed         | 21.00%                | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/RON SETTLE 2025-12-03                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-11452.23    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Republika Crna Gora                                                                           | REPUBLIC OF MONTENEGRO 7.250000% 03/12/2031                                | CUSIP: N/A<br>LEI: 747800V014106FYLL014       | Long             | DBT              | NUSS              | ME        |       300000 | PA      | $322066.35    | 0.02%             | 2031-03-12      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Republica de Angola                                                                           | ANGOLAN GOVERNMENT INTERNATIONAL BOND 144A 9.244000% 01/15/2031            | CUSIP: 035198AH3<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |      4983000 | PA      | $4927148.04   | 0.28%             | 2031-01-15      | Fixed         | 9.24%                 | Yes           |                  2 | On Loan: No      |
| Republica de Colombia                                                                         | TITULOS DE TESORERIA 11.000000% 08/22/2029                                 | CUSIP: N/A<br>LEI: 549300MHDRBVRF6B9117       | Long             | DBT              | NUSS              | CO        |  36400000000 | PA      | $9436935.57   | 0.54%             | 2029-08-22      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| Republica de Colombia                                                                         | TITULOS DE TESORERIA 11.750000% 01/24/2035                                 | CUSIP: N/A<br>LEI: 549300MHDRBVRF6B9117       | Long             | DBT              | NUSS              | CO        |  17500000000 | PA      | $4430258.52   | 0.25%             | 2035-01-24      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| Republica Bolivariana de Venezuela                                                            | REPUBLIC OF VENEZUELA 11.950000 08/05/2031                                 | CUSIP: P17625AD9<br>LEI: 529900XM8PJTJK5OJI77 | Long             | DBT              | NUSS              | VE        |     14160000 | PA      | $4389600.00   | 0.25%             | 2031-08-05      | Fixed         | 11.95%                | No            |                  2 | On Loan: No      |
| Republica de Mocambique                                                                       | REPUBLIC OF MOZAMBIQUE 9.000000% 09/15/2031                                | CUSIP: N/A<br>LEI: 213800759WLKYIKPER73       | Long             | DBT              | NUSS              | MZ        |      1801000 | PA      | $1534900.92   | 0.09%             | 2031-09-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: IDR/USD SETTLE 2025-12-10                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | ID        |            1 | NC      | $389.51       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| EUR P/HUF C                                                                                   | EUR P/HUF C EXPIRATION: 05/14/2026                                         | CUSIP: EUHUP28L9<br>LEI: N/A                  | N/A              | DFE              |  | US        |       320000 | NC      | $83659.80     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/ILS SETTLE 2026-02-12                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-153627.86   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Turkiye Cumhuriyeti                                                                           | TURKIYE GOVERNMENT BOND 31.080000% 11/08/2028                              | CUSIP: N/A<br>LEI: 5493000PCHOG3B6S3Q85       | Long             | DBT              | NUSS              | TR        |     91000000 | PA      | $2061849.76   | 0.12%             | 2028-11-08      | Fixed         | 31.08%                | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK SECURITIES, INC.                                                                | FX Forward Contract: HUF/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9J6MBOOO7BECTDTUZW19       | N/A              | DFE              |  | HU        |            1 | NC      | $57345.11     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Republic of South Africa                                                                      | REPUBLIC OF SOUTH AFRICA 9.000000% 01/31/2040                              | CUSIP: N/A<br>LEI: 378900AAFB4F17004C49       | Long             | DBT              | NUSS              | ZA        |     51575338 | PA      | $2949199.75   | 0.17%             | 2040-01-31      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/EUR SETTLE 2026-01-14                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-6476.93     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Republica de Colombia                                                                         | TITULOS DE TESORERIA 7.50000% 10/18/2034                                   | CUSIP: P6S32JS68<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |  14284900000 | PA      | $2769585.24   | 0.16%             | 2034-10-18      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Kerajaan Malaysia                                                                             | MALAYSIA GOVERNMENT 2.632000% 04/15/2031                                   | CUSIP: N/A<br>LEI: 254900GSIL471JOBYY43       | Long             | DBT              | NUSS              | MY        |      8000000 | PA      | $1867288.33   | 0.11%             | 2031-04-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Kerajaan Malaysia                                                                             | MALAYSIA GOVERNMENT 4.893000% 06/08/2038                                   | CUSIP: N/A<br>LEI: 254900GSIL471JOBYY43       | Long             | DBT              | NUSS              | MY        |     30134000 | PA      | $8127037.13   | 0.46%             | 2038-06-08      | Fixed         | 4.89%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: USD/HUF SETTLE 2025-12-08                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | US        |            1 | NC      | $-25650.56    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Kingdom of Bahrain                                                                            | KINGDOM OF BAHRAIN 6.750000% 09/20/2029                                    | CUSIP: N/A<br>LEI: 54930065PJIB53WWMP12       | Long             | DBT              | NUSS              | BH        |      3452000 | PA      | $3587278.49   | 0.20%             | 2029-09-20      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| PHILLIPINE PESO                                                                               | FX Forward Contract: PHP/USD SETTLE 2025-12-01                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | PH        |            1 | NC      | $-598.85      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MEXICAN PESO                                                                                  | FX Forward Contract: MXN/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | MX        |            1 | NC      | $13080.20     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: USD/BRL SETTLE 2025-12-08                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | US        |            1 | NC      | $-5310.01     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                                           | NIGERIA OMO BILL ZERO COUPON 03/31/2026                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | NUSS              | NG        |   5450000000 | PA      | $3517494.18   | 0.20%             | 2026-03-31      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/MXN SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-171.96      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/EUR SETTLE 2026-01-14                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $3714.45      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| POLISH ZLOTY                                                                                  | FX Forward Contract: PLN/USD SETTLE 2025-12-02                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | PA        |            1 | NC      | $4130.57      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/ZAR SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-2088.30     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Republic of South Africa                                                                      | REPUBLIC OF SOUTH AFRICA 5.750000% 09/30/2049                              | CUSIP: 836205BB9<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |      8780000 | PA      | $7432006.07   | 0.42%             | 2049-09-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| EGYPTIAN POUND                                                                                | FX Forward Contract: EGP/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | EG        |            1 | NC      | $29728.24     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Republic of the Philippines                                                                   | REPUBLIC OF PHILIPPINES 5.170000% 10/13/2027                               | CUSIP: 718286CV7<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |      3765000 | PA      | $3843538.62   | 0.22%             | 2027-10-13      | Fixed         | 5.17%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: USD/ZAR SETTLE 2025-12-10                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | US        |            1 | NC      | $-41851.42    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: ZAR/USD SETTLE 2026-02-09                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | ZA        |            1 | NC      | $37095.74     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| EXPORT-IMPORT BANK OF INDIA                                                                   | EXPORT-IMPORT BANK OF INDIA MTN 3.250000% 01/15/2030                       | CUSIP: 30216KAE2<br>LEI: 335800OFZ8YEIVN1QI11 | Long             | DBT              | NUSS              | IN        |       545000 | PA      | $522646.90    | 0.03%             | 2030-01-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| BRK : MORGAN STANLEY & CO. INC                                                                | BRK : MORGAN STANLEY & CO. INC REC : 4.712% FIXED                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | CL        |   3600000000 | NC      | $2982.45      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/TRY SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-176211.79   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| INTER AMERICAN DEVELOPMENT BANK                                                               | INTER-AMERICAN DEVELOPMENT BANK MTN 7.000000% 08/08/2033                   | CUSIP: N/A<br>LEI: VKU1UKDS9E7LYLMACP54       | Long             | DBT              | NUSS              | XX        |    360000000 | PA      | $4046541.61   | 0.23%             | 2033-08-08      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| GHANA CEDI                                                                                    | FX Forward Contract: GHS/USD SETTLE 2026-03-31                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | GH        |            1 | NC      | $12476.20     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Republica de Colombia                                                                         | REPUBLIC OF COLOMBIA 4.125000% 05/15/2051                                  | CUSIP: 195325DT9<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |      3941000 | PA      | $2465095.50   | 0.14%             | 2051-05-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Bank of America                                                                               | Credit Default Swap                                                        | CUSIP: CDS288RT7<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DCR              |  | US        |      1400000 | NC      | $-20859.51    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| EGYPTIAN POUND                                                                                | FX Forward Contract: EGP/USD SETTLE 2025-12-18                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | EG        |            1 | NC      | $22079.92     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: USD/ZAR SETTLE 2026-02-09                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | US        |            1 | NC      | $-369007.50   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/CNY SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-9986.41     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Chile Electricity Lux MPC S.a r.l.                                                            | CHILE ELECTRICITY LUX MPC SARL 6.010000% 01/20/2033                        | CUSIP: L15669AA9<br>LEI: N/A                  | Long             | DBT              | NUSS              | CL        |      1029250 | PA      | $1078170.25   | 0.06%             | 2033-01-20      | Fixed         | 6.01%                 | No            |                  2 | On Loan: No      |
| The Hashemite Kingdom of Jordan                                                               | KINGDOM OF JORDAN 7.375000% 10/10/2047                                     | CUSIP: N/A<br>LEI: 5493000JZ4MYPVMBVN50       | Long             | DBT              | NUSS              | JO        |      3940000 | PA      | $3919265.71   | 0.22%             | 2047-10-10      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| State of Kuwait                                                                               | KUWAIT INTERNATIONAL GOVERNMENT BOND 144A 4.652000% 10/09/2035             | CUSIP: 501499AF4<br>LEI: 549300FSC1YD0D9XX589 | Long             | DBT              | NUSS              | KW        |     14228000 | PA      | $14263708.72  | 0.81%             | 2035-10-09      | Fixed         | 4.65%                 | Yes           |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/BRL SETTLE 2025-12-11                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-110158.32   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/ZAR SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-155328.91   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/COP SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-77487.68    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/EUR SETTLE 2026-04-08                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $296.38       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: PLN/USD SETTLE 2026-02-09                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | PA        |            1 | NC      | $2054.87      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CHILEAN PESO                                                                                  | FX Forward Contract: CLP/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | CL        |            1 | NC      | $3353.24      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| COTE D IVOIRE (REPUBLIC OF)                                                                   | COTE D IVOIRE (REPUBLIC OF) 7/17/2026                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              |  | XX        |      3613000 | PA      | $4193069.19   | 0.24%             | 2026-07-14      | Floating      | 4.92%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/COP SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-35191.82    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| USD P/CLP C                                                                                   | USD P/CLP C EXPIRATION: 01/15/2026                                         | CUSIP: USCLP2807<br>LEI: N/A                  | N/A              | DFE              |  | US        |    -19050000 | NC      | $-78996.04    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Republic of Rwanda                                                                            | REPUBLIC OF RWANDA 5.500000% 08/09/2031                                    | CUSIP: BQ8372469<br>LEI: 213800DQC28OBRZDYJ87 | Long             | DBT              | NUSS              | RW        |      1110000 | PA      | $1015466.31   | 0.06%             | 2031-08-09      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| International Bank for Reconstruction and Development                                         | INTERNATIONAL BANK FOR RECONSTRUCTION & DEVELOPMEN 7.050000% 07/22/2029    | CUSIP: ZF2728425<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    192500000 | PA      | $2177495.18   | 0.12%             | 2029-07-22      | Fixed         | 7.05%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/MXN SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-63791.81    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/MXN SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-32633.54    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CBB INTERNATIONAL SUKUK PROGRAMME COMPANY W.L.L                                               | CBB INTL SUKUK PRGM SPC 3.950000% 09/16/2027                               | CUSIP: N/A<br>LEI: 5493006IRJ2IWXTNIM16       | Long             | DBT              | NUSS              | BH        |      3510000 | PA      | $3430923.95   | 0.19%             | 2027-09-16      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| ABU DHABI DEVELOPMENTAL HOLDING COMPANY P.J.S.C.                                              | ABU DHABI DEVELOPMENTAL HOLDING CO PJSC MTN 4.500000% 05/06/2030           | CUSIP: 00402AAA9<br>LEI: 254900G082ZFKTCR2Q75 | Long             | DBT              | NUSS              | AE        |      1617000 | PA      | $1633813.89   | 0.09%             | 2030-05-06      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| CZECH REPUBLIC KORUNA                                                                         | FX Forward Contract: CZK/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | CZ        |            1 | NC      | $1419.55      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Republica Oriental del Uruguay                                                                | REPUBLICA ORIENT URUGUAY 5.750000% 10/28/2034                              | CUSIP: 760942BE1<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |      7524086 | PA      | $8028199.76   | 0.46%             | 2034-10-28      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| VEB FINANCE PUBLIC LIMITED COMPANY                                                            | VEB FINANCE 6.8% 11/22/2025                                                | CUSIP: N/A<br>LEI: 635400KYY8E2NCZXJ191       | Long             | DBT              | NUSS              | RU        |       240000 | PA      | $2179.20      | 0.00%             | 2025-12-31      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| INDIA RUPEE                                                                                   | FX Forward Contract: INR/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | IN        |            1 | NC      | $-1121.35     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/BRL SETTLE 2025-12-02                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $2768.22      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Republic of Ghana                                                                             | REPUBLIC OF GHANA 5.000000% 07/03/2029                                     | CUSIP: N/A<br>LEI: 213800PP4399SNNXZ126       | Long             | DBT              | NUSS              | GH        |      3574000 | PA      | $3495169.07   | 0.20%             | 2029-07-03      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: USD/COP SETTLE 2025-12-10                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | US        |            1 | NC      | $-15512.53    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE BANK N.A.                                                                     | REF: PRIBOR INDEX BRK: JP MORGAN                                           | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DIR              |  | CZ        |    246020000 | NC      | $-445794.39   | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| Republic of Ukraine                                                                           | UKRAINE GOVERNMENT 0.000000% 02/01/2035                                    | CUSIP: N/A<br>LEI: 6354001WLTJXOMEXPY07       | Long             | DBT              | NUSS              | UA        |      1191083 | PA      | $673147.85    | 0.04%             | 2035-02-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Romania                                                                                       | ROMANIA GOVERNMENT BOND 8.000000% 04/29/2030                               | CUSIP: N/A<br>LEI: 315700IASY927EDWBK92       | Long             | DBT              | NUSS              | RO        |     35600000 | PA      | $8449124.29   | 0.48%             | 2030-04-29      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Magyarorszag                                                                                  | HUNGARY GOVERNMENT INTERNATIONAL BOND 144A 6.750000% 09/23/2055            | CUSIP: 445545AX4<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |       800000 | PA      | $842372.78    | 0.05%             | 2055-09-23      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| DEUTSCHE BANK SECURITIES, INC.                                                                | FX Forward Contract: HUF/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9J6MBOOO7BECTDTUZW19       | N/A              | DFE              |  | HU        |            1 | NC      | $3146.70      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/MXN SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-1705.36     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CHINESE YUAN RENMINBI                                                                         | FX Forward Contract: CNY/USD SETTLE 2025-12-08                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | CN        |            1 | NC      | $8273.40      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Romania                                                                                       | ROMANIA GOVERNMENT BOND 8.250000% 09/29/2032                               | CUSIP: N/A<br>LEI: 315700IASY927EDWBK92       | Long             | DBT              | NUSS              | RO        |      4135000 | PA      | $1005731.26   | 0.06%             | 2032-09-29      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Republica Bolivariana de Venezuela                                                            | REPUBLIC OF VENEZUELA 9.000000% 05/07/2023                                 | CUSIP: P17625AA5<br>LEI: 529900XM8PJTJK5OJI77 | Long             | DBT              | NUSS              | VE        |      3339400 | PA      | $918335.00    | 0.05%             | 2023-05-07      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Republica del Peru                                                                            | BONOS DE TESORERIA 5.400000% 08/12/2034                                    | CUSIP: N/A<br>LEI: 254900STKLK2DBJJZ530       | Long             | DBT              | NUSS              | PE        |     69257000 | PA      | $20298807.92  | 1.15%             | 2034-08-12      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| HSBC Bank PLC                                                                                 | BRK : HSBC PAY : 4.45% FIXED                                               | CUSIP: N/A<br>LEI: MP6I5ZYZBEU3UXPYFY54       | N/A              | DIR              |  | PL        |     13000000 | NC      | $-63015.71    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Democratic Socialist Republic of Sri Lanka                                                    | REPUBLIC OF SRI LANKA 3.600000% 02/15/2038                                 | CUSIP: N/A<br>LEI: 254900IG6Y30I2QE2R92       | Long             | DBT              | NUSS              | LK        |      3887746 | PA      | $3565545.47   | 0.20%             | 2038-02-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Pemerintah Republik Indonesia                                                                 | INDONESIA GOVERNMENT 8.375000% 03/15/2034                                  | CUSIP: N/A<br>LEI: 529900FWX0GRR7WG5W79       | Long             | DBT              | NUSS              | ID        |   4036000000 | PA      | $274801.80    | 0.02%             | 2034-03-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: USD/ZAR SETTLE 2026-02-09                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | US        |            1 | NC      | $-1004.01     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: USD/COP SETTLE 2025-12-10                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | US        |            1 | NC      | $-224251.23   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Joint Stock Company Development Bank of Kazakhstan                                            | DEVELOPMENT BANK OF KAZAKHSTAN JSC MTN 18.400000% 10/16/2028               | CUSIP: 48129VAF3<br>LEI: 213800LCDPGJ1BI7KX98 | Long             | DBT              | NUSS              | KZ        |    353000000 | PA      | $689687.35    | 0.04%             | 2028-10-16      | Fixed         | 18.40%                | Yes           |                  2 | On Loan: No      |
| ESKOM HOLDINGS SOC LIMITED                                                                    | ESKOM HOLDINGS MTN 7.500000% 09/15/2033                                    | CUSIP: N/A<br>LEI: 3789001900ED06F65111       | Long             | DBT              | NUSS              | ZA        |     52000000 | PA      | $2761018.54   | 0.16%             | 2033-09-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Mobiliare Latam, S.A.                                                                         | MOBILIARE LATAM SA / MOBILIARE LATAM MEXICO SA DE 6.750000% 11/10/2032     | CUSIP: 60742RAA5<br>LEI: N/A                  | Long             | DBT              | NUSS              | GT        |      2535000 | PA      | $2488558.80   | 0.14%             | 2032-11-10      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Republica de Colombia                                                                         | TITULOS DE TESORERIA 11.500000% 07/25/2046                                 | CUSIP: N/A<br>LEI: 549300MHDRBVRF6B9117       | Long             | DBT              | NUSS              | CO        |   3171200000 | PA      | $762730.45    | 0.04%             | 2046-07-25      | Fixed         | 11.50%                | No            |                  2 | On Loan: No      |
| Arab Republic of Egypt                                                                        | EGYPT GOVERNMENT BOND 25.318000% 08/13/2027                                | CUSIP: N/A<br>LEI: 529900GFIVH4086NMH82       | Long             | DBT              | NUSS              | EG        |    105400000 | PA      | $2228430.68   | 0.13%             | 2027-08-13      | Fixed         | 25.32%                | No            |                  2 | On Loan: No      |
| PETRONAS Capital Limited                                                                      | PETRONAS CAPITAL LTD MTN 3.404000% 04/28/2061                              | CUSIP: Y6886MAC4<br>LEI: 549300G7YFX3540OYR85 | Long             | DBT              | NUSS              | MY        |      1109000 | PA      | $770564.21    | 0.04%             | 2061-04-28      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| CHINESE YUAN RENMINBI                                                                         | FX Forward Contract: CNY/USD SETTLE 2026-03-09                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | CN        |            1 | NC      | $49720.46     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                                                                        | ASIAN DEVELOPMENT BANK MTN 10.100000% 01/23/2026                           | CUSIP: YW1840126<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |   4813000000 | PA      | $1286655.93   | 0.07%             | 2026-01-23      | Fixed         | 10.10%                | No            |                  2 | On Loan: No      |
| ROMANIAN LEU                                                                                  | FX Forward Contract: KZT/USD SETTLE 2026-04-30                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | RO        |            1 | NC      | $78929.26     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Pemerintah Republik Indonesia                                                                 | INDONESIA GOVERNMENT 6.500000% 02/15/2031                                  | CUSIP: N/A<br>LEI: 529900FWX0GRR7WG5W79       | Long             | DBT              | NUSS              | ID        |  40160000000 | PA      | $2464336.24   | 0.14%             | 2031-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Republic of Ukraine                                                                           | UKRAINE GOVERNMENT VARIABLE RATE 05/31/2041                                | CUSIP: N/A<br>LEI: 6354001WLTJXOMEXPY07       | Long             | DBT              | NUSS              | UA        |      2350000 | PA      | $2197250.00   | 0.12%             | 2041-05-31      | Floating      | 7.75%                 | No            |                  2 | On Loan: No      |
| Yinson Boronia Production B.V.                                                                | YINSON BORONIA PRODUCTION BV 8.947000% 07/31/2042                          | CUSIP: N9733XAA5<br>LEI: 5493007X12FTT746N678 | Long             | DBT              | NUSS              | BR        |      1285228 | PA      | $1395905.30   | 0.08%             | 2042-07-31      | Fixed         | 8.95%                 | No            |                  2 | On Loan: No      |
| Pemerintah Republik Indonesia                                                                 | INDONESIA GOVERNMENT 6.750000% 07/15/2035                                  | CUSIP: N/A<br>LEI: 529900FWX0GRR7WG5W79       | Long             | DBT              | NUSS              | ID        | 107000000000 | PA      | $6632408.02   | 0.38%             | 2035-07-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/PLN SETTLE 2026-01-09                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-6212.42     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Banco Central del Uruguay                                                                     | URU MONETARY REG BILL ZERO COUPON 10/02/2026                               | CUSIP: YK1274801<br>LEI: 549300DTMS39GZYBX161 | Long             | DBT              | NUSS              | UY        |    210529000 | PA      | $4998226.81   | 0.28%             | 2026-10-02      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Banco Central de la Republica Dominicana                                                      | DOM REP CB NOTES 9.000000% 12/11/2026                                      | CUSIP: ZF1425031<br>LEI: 549300DTVR57NON7XL66 | Long             | DBT              | NUSS              | DO        |    130800000 | PA      | $2050112.08   | 0.12%             | 2026-12-11      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| EUR P/HUF C                                                                                   | EUR P/HUF C EXPIRATION: 05/21/2026                                         | CUSIP: EUHUP28T2<br>LEI: N/A                  | N/A              | DFE              |  | US        |       320000 | NC      | $84661.05     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Romania                                                                                       | ROMANIA GOVERNMENT BOND 4.850000% 07/25/2029                               | CUSIP: N/A<br>LEI: 315700IASY927EDWBK92       | Long             | DBT              | NUSS              | RO        |     12500000 | PA      | $2669259.70   | 0.15%             | 2029-07-25      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| CITIGROUP GLOBAL MARKETS INC.                                                                 | REF: SONIA INDEX BRK: CITIGROUP                                            | CUSIP: N/A<br>LEI: 6SHGI4ZSSLCXXQSBB395       | N/A              | DIR              |  | GB        |      4800000 | NC      | $-187877.34   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| CITIGROUP GLOBAL MARKETS INC.                                                                 | REF: MXIBTIEF INDEX BRK: CITIGROUP                                         | CUSIP: N/A<br>LEI: 6SHGI4ZSSLCXXQSBB395       | N/A              | DIR              |  | MX        |    238400000 | NC      | $685608.61    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/COP SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-372248.86   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| USD P/HUF C                                                                                   | USD P/HUF C EXPIRATION: 12/05/2025                                         | CUSIP: USHUP28C2<br>LEI: N/A                  | N/A              | DFE              |  | US        |    -18070000 | NC      | $-1635.91     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Government of Mongolia                                                                        | MONGOLIA INTL BOND 8.650000% 01/19/2028                                    | CUSIP: Y6142NAG3<br>LEI: 254900PW61ADCBDCLP71 | Long             | DBT              | NUSS              | MN        |       368000 | PA      | $389892.95    | 0.02%             | 2028-01-19      | Fixed         | 8.65%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: ZAR/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | ZA        |            1 | NC      | $161031.13    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Republic of Kenya                                                                             | REPUBLIC OF KENYA 9.500000% 03/05/2036                                     | CUSIP: N/A<br>LEI: 549300VVURQQYU45PR87       | Long             | DBT              | NUSS              | KE        |       900000 | PA      | $910710.08    | 0.05%             | 2036-03-05      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Corporacion Nacional del Cobre de Chile                                                       | CORP NACIONAL DEL COBRE DE CHILE 144A 6.780000% 01/13/2055                 | CUSIP: 21987BBM9<br>LEI: 549300UVMBCBCIPSUI70 | Long             | DBT              | NUSS              | CL        |      3682000 | PA      | $3970300.60   | 0.23%             | 2055-01-13      | Fixed         | 6.78%                 | Yes           |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                                                                       | BRK : GOLDMAN SACHS & CO. REC : FIXED 4.07%                                | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DIR              |  | US        |      3366000 | NC      | $104345.30    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| EUR P/HUF C                                                                                   | EUR P/HUF C EXPIRATION: 03/30/2026                                         | CUSIP: EUHUP28T1<br>LEI: N/A                  | N/A              | DFE              |  | US        |       630000 | NC      | $132252.67    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Republica de Costa Rica                                                                       | COSTA RICA GOVERNMENT 7.158000% 03/12/2045                                 | CUSIP: P3699PGJ0<br>LEI: 549300S1EK2VN6XVJP58 | Long             | DBT              | NUSS              | CR        |      3850000 | PA      | $4188800.00   | 0.24%             | 2045-03-12      | Fixed         | 7.16%                 | No            |                  2 | On Loan: No      |
| Republica del Ecuador                                                                         | REPUBLIC OF ECUADOR 6.900000% 07/31/2035                                   | CUSIP: N/A<br>LEI: 5299003Y2U5XK0A35H71       | Long             | DBT              | NUSS              | EC        |      6177792 | PA      | $5232589.82   | 0.30%             | 2035-07-31      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/BRL SETTLE 2025-12-11                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-4554.45     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| URUGUAY PESO                                                                                  | FX Forward Contract: UYU/USD SETTLE 2026-03-16                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | XX        |            1 | NC      | $4909.37      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/UZS SETTLE 2026-01-20                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-51103.77    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Federal Republic of Nigeria                                                                   | NIGERIA GOVERNMENT INTERNATIONAL BOND MTN 8.250000% 09/28/2051             | CUSIP: N/A<br>LEI: 549300GSBZD84TNEQ285       | Long             | DBT              | NUSS              | NG        |      4100000 | PA      | $3959516.33   | 0.22%             | 2051-09-28      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Republica Argentina                                                                           | REPUBLIC OF ARGENTINA 3.500000% 07/09/2041                                 | CUSIP: 040114HV5<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |       452000 | PA      | $300015.00    | 0.02%             | 2041-07-09      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Kingdom of Thailand                                                                           | THAILAND GOVERNMENT BOND 3.350000% 06/17/2033                              | CUSIP: N/A<br>LEI: 254900PHJ6MSKT6C7026       | Long             | DBT              | NUSS              | TH        |     90419000 | PA      | $3150870.31   | 0.18%             | 2033-06-17      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                                                                             | REF: WIBOR INDEX BRK: BARCLAYS                                             | CUSIP: N/A<br>LEI: 213800IQAOC5HG62T347       | N/A              | DIR              |  | PL        |     33360000 | NC      | $109097.18    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Pemerintah Republik Indonesia                                                                 | INDONESIA GOVERNMENT 7.000000% 09/15/2030                                  | CUSIP: N/A<br>LEI: 529900FWX0GRR7WG5W79       | Long             | DBT              | NUSS              | ID        |  27009000000 | PA      | $1694650.56   | 0.10%             | 2030-09-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Eagle Funding LuxCo S.a r.l.                                                                  | EAGLE FUNDING LUXCO SARL 5.500000% 08/17/2030                              | CUSIP: L2660VAA3<br>LEI: 894500VDP08MVIZ6OA60 | Long             | DBT              | NUSS              | MX        |      1836000 | PA      | $1863888.84   | 0.11%             | 2030-08-17      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Magyarorszag                                                                                  | HUNGARY GOVERNMENT BOND 6.750000% 10/22/2028                               | CUSIP: N/A<br>LEI: 5299003F3UFKGCCMAP43       | Long             | DBT              | NUSS              | HU        |   1500000000 | PA      | $4599775.66   | 0.26%             | 2028-10-22      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| USD P/INR C                                                                                   | USD P/INR C EXPIRATION: 05/06/2026                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |    -21000000 | NC      | $-13631.03    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Arab Republic of Egypt                                                                        | EGYPT TREASURY BILL ZERO COUPON 02/03/2026                                 | CUSIP: YR0777924<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |    200600000 | PA      | $4021856.68   | 0.23%             | 2026-02-03      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: ZAR/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | ZA        |            1 | NC      | $23844.29     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Republica Federativa do Brasil                                                                | NOTA DO TESOURO NACIONAL 10.000000% 01/01/2027                             | CUSIP: N/A<br>LEI: 254900ZFY40OYEADAP90       | Long             | DBT              | NUSS              | BR        |     34732000 | PA      | $6554254.45   | 0.37%             | 2027-01-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| UZBEKISTAN SUM                                                                                | FX Forward Contract: UZS/USD SETTLE 2026-11-20                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | XX        |            1 | NC      | $88704.36     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos                                                                           | PETROLEOS MEXICANOS 6.375000% 01/23/2045                                   | CUSIP: 71654QBR2<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | NUSS              | MX        |      2584000 | PA      | $2064027.88   | 0.12%             | 2045-01-23      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: EUR/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | XX        |            1 | NC      | $-107547.91   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: ZAR/USD SETTLE 2026-02-09                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | ZA        |            1 | NC      | $8618.72      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| EUR P/HUF C                                                                                   | EUR P/HUF C EXPIRATION: 05/07/2026                                         | CUSIP: EUHUP2813<br>LEI: N/A                  | N/A              | DFE              |  | US        |       340000 | NC      | $53754.84     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| HSBC Bank PLC                                                                                 | BRK- HSBC REC-13.28                                                        | CUSIP: N/A<br>LEI: MP6I5ZYZBEU3UXPYFY54       | N/A              | DIR              |  | BR        |    141770000 | NC      | $268335.11    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Republique du Senegal                                                                         | REPUBLIC OF SENEGAL 5.375000% 06/08/2037                                   | CUSIP: N/A<br>LEI: 549300NP14ZLQGWIUZ97       | Long             | DBT              | NUSS              | SN        |       560000 | PA      | $369774.53    | 0.02%             | 2037-06-08      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| ROMANIAN LEU                                                                                  | FX Forward Contract: RON/USD SETTLE 2025-12-03                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | RO        |            1 | NC      | $3907.91      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Pemerintah Republik Indonesia                                                                 | INDONESIA GOVERNMENT 6.625000% 02/15/2034                                  | CUSIP: N/A<br>LEI: 529900FWX0GRR7WG5W79       | Long             | DBT              | NUSS              | ID        |  15400000000 | PA      | $945451.82    | 0.05%             | 2034-02-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Republic of Lebanon                                                                           | LEBANON GOVERNMENT INTERNATIONAL BOND MTN 7.000000% 03/20/2028             | CUSIP: N/A<br>LEI: 529900QPC4K9S1KHL354       | Long             | DBT              | NUSS              | LB        |       375000 | PA      | $82443.75     | 0.00%             | 2028-03-20      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Republica Federativa do Brasil                                                                | NOTA DO TESOURO NACIONAL 10.000000% 01/01/2035                             | CUSIP: N/A<br>LEI: 254900ZFY40OYEADAP90       | Long             | DBT              | NUSS              | BR        |     21690000 | PA      | $3388280.34   | 0.19%             | 2035-01-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Pemerintah Republik Indonesia                                                                 | INDONESIA GOVERNMENT 8.750000% 05/15/2031                                  | CUSIP: N/A<br>LEI: 529900FWX0GRR7WG5W79       | Long             | DBT              | NUSS              | ID        |  14869000000 | PA      | $1006592.46   | 0.06%             | 2031-05-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Kerajaan Malaysia                                                                             | MALAYSIA GOVERNMENT 4.642000% 11/07/2033                                   | CUSIP: N/A<br>LEI: 254900GSIL471JOBYY43       | Long             | DBT              | NUSS              | MY        |      3812000 | PA      | $996379.15    | 0.06%             | 2033-11-07      | Fixed         | 4.64%                 | No            |                  2 | On Loan: No      |
| TURKISH LIRA                                                                                  | FX Forward Contract: TRY/USD SETTLE 2025-12-03                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | TR        |            1 | NC      | $25639.28     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Kerajaan Malaysia                                                                             | MALAYSIA GOVERNMENT 3.906000% 07/15/2026                                   | CUSIP: N/A<br>LEI: 254900GSIL471JOBYY43       | Long             | DBT              | NUSS              | MY        |      6893000 | PA      | $1679221.09   | 0.10%             | 2026-07-15      | Fixed         | 3.91%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/IDR SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $326.62       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Republic of India                                                                             | INDIA GOVERNMENT BOND 6.330000% 05/05/2035                                 | CUSIP: N/A<br>LEI: 335800IV7VCDQGIOI391       | Long             | DBT              | NUSS              | IN        |    333780000 | PA      | $3673734.98   | 0.21%             | 2035-05-05      | Fixed         | 6.33%                 | No            |                  2 | On Loan: No      |
| Petroleos del Peru - Petroperu S.A.                                                           | PETROLEOS DEL PERU SA 5.625000% 06/19/2047                                 | CUSIP: P7808BAB3<br>LEI: 549300ZMGDLC9JT2OR80 | Long             | DBT              | NUSS              | PE        |     12146000 | PA      | $8639571.26   | 0.49%             | 2047-06-19      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: EUR/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | XX        |            1 | NC      | $-20292.46    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/INR SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $11903.79     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| International Bank for Reconstruction and Development                                         | INTERNATIONAL BANK FOR RECONSTRUCTION & DEVELOPMEN 2.500000% 01/13/2031    | CUSIP: U4586HXK4<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |     38000000 | PA      | $5492272.68   | 0.31%             | 2031-01-13      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/PEN SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-7644.33     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BROKER - JPM                                                                                  | BROKER - JPM PAY - 3M BA                                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | ZA        |    209000000 | NC      | $58530.82     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Republic of Ukraine                                                                           | UKRAINE GOVERNMENT 0.000000% 02/01/2030                                    | CUSIP: N/A<br>LEI: 6354001WLTJXOMEXPY07       | Long             | DBT              | NUSS              | UA        |       313842 | PA      | $174498.92    | 0.01%             | 2030-02-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/HUF SETTLE 2026-01-12                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-33665.84    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: USD/TRY SETTLE 2025-12-08                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | US        |            1 | NC      | $-565.57      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: USD/HUF SETTLE 2026-01-12                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | US        |            1 | NC      | $-869.02      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Republic of the Philippines                                                                   | PHILIPPINE GOVERNMENT 6.250000% 02/28/2029                                 | CUSIP: N/A<br>LEI: 529900RAHBALMYIJ3T08       | Long             | DBT              | NUSS              | PH        |    230000000 | PA      | $4023357.98   | 0.23%             | 2029-02-28      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Republica del Peru                                                                            | BONOS DE TESORERIA 5.350000% 08/12/2040                                    | CUSIP: N/A<br>LEI: 254900STKLK2DBJJZ530       | Long             | DBT              | NUSS              | PE        |      3450000 | PA      | $917637.79    | 0.05%             | 2040-08-12      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Republica Federativa do Brasil                                                                | NOTA DO TESOURO NACIONAL 6.000000% 08/15/2050                              | CUSIP: N/A<br>LEI: 254900ZFY40OYEADAP90       | Long             | DBT              | NUSS              | BR        |      4100000 | PA      | $3166456.60   | 0.18%             | 2050-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Perusahaan Penerbit Surat Berharga Syariah Negara Indonesia III                               | PERUSAHAAN PENERBIT SBSN INDONESIA III 144A 4.550000% 07/23/2030           | CUSIP: 71567WAA3<br>LEI: 254900G208H6Q0L5B953 | Long             | DBT              | NUSS              | ID        |      8624000 | PA      | $8688070.80   | 0.49%             | 2030-07-23      | Fixed         | 4.55%                 | Yes           |                  2 | On Loan: No      |
| Pemerintah Republik Indonesia                                                                 | INDONESIA GOVERNMENT 6.875000% 04/15/2029                                  | CUSIP: N/A<br>LEI: 529900FWX0GRR7WG5W79       | Long             | DBT              | NUSS              | ID        |  38845000000 | PA      | $2416296.61   | 0.14%             | 2029-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE BANK N.A.                                                                     | BRK : J P MORGAN CHASE BANK REC : 13.085% FIXED                            | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DIR              |  | BR        |    107226607 | NC      | $255124.81    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| SOUTH AFRICAN RAND                                                                            | FX Forward Contract: ZAR/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | ZA        |            1 | NC      | $92900.88     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/CLP SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-151324.29   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Arab Republic of Egypt                                                                        | ARAB REPUBLIC OF EGYPT 8.700200% 03/01/2049                                | CUSIP: N/A<br>LEI: 529900GFIVH4086NMH82       | Long             | DBT              | NUSS              | EG        |      7304000 | PA      | $6893777.12   | 0.39%             | 2049-03-01      | Fixed         | 8.70%                 | No            |                  2 | On Loan: No      |
| EGYPTIAN POUND                                                                                | FX Forward Contract: EGP/USD SETTLE 2026-01-22                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | EG        |            1 | NC      | $16051.77     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Republica Federativa do Brasil                                                                | FED REPUBLIC OF BRAZIL 7.250000% 01/12/2056                                | CUSIP: 105756CN8<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |       365000 | PA      | $363649.50    | 0.02%             | 2056-01-12      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Republica de Colombia                                                                         | TITULOS DE TESORERIA 11.750000% 01/24/2035                                 | CUSIP: N/A<br>LEI: 549300MHDRBVRF6B9117       | Long             | DBT              | NUSS              | CO        |   4395600000 | PA      | $1112779.68   | 0.06%             | 2035-01-24      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/ZAR SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-3653.74     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Republic of Armenia                                                                           | REPUBLIC OF ARMENIA 6.750000% 03/12/2035                                   | CUSIP: N/A<br>LEI: 5299000H77JSW90G7935       | Long             | DBT              | NUSS              | AM        |      1400000 | PA      | $1450686.83   | 0.08%             | 2035-03-12      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Rzeczpospolita Polska                                                                         | REPUBLIC OF POLAND 5.375000% 02/12/2035                                    | CUSIP: 857524AH5<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |      7200000 | PA      | $7516980.86   | 0.43%             | 2035-02-12      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Republique Gabonaise                                                                          | REPUBLIC OF GABON 7.000000% 11/24/2031                                     | CUSIP: N/A<br>LEI: 213800XA7X746GRPXA35       | Long             | DBT              | NUSS              | GA        |      2750000 | PA      | $2049756.31   | 0.12%             | 2031-11-24      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Republica de Panama                                                                           | REPUBLIC OF PANAMA 8.000000% 03/01/2038                                    | CUSIP: 698299BY9<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |      3809000 | PA      | $4384539.90   | 0.25%             | 2038-03-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/TRY SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-23426.97    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Turkiye Cumhuriyeti                                                                           | REPUBLIC OF TURKIYE 4.875000% 04/16/2043                                   | CUSIP: 900123CB4<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |      1400000 | PA      | $1076313.31   | 0.06%             | 2043-04-16      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| MEXICAN PESO                                                                                  | FX Forward Contract: MXN/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | MX        |            1 | NC      | $6594.36      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Kerajaan Malaysia                                                                             | MALAYSIA GOVERNMENT 4.498000% 04/15/2030                                   | CUSIP: N/A<br>LEI: 254900GSIL471JOBYY43       | Long             | DBT              | NUSS              | MY        |      2165000 | PA      | $549354.62    | 0.03%             | 2030-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Republica Del Paraguay                                                                        | REPUBLIC OF PARAGUAY 4.950000% 04/28/2031                                  | CUSIP: P75744AJ4<br>LEI: 529900UXKJTJPCU0HK83 | Long             | DBT              | NUSS              | PY        |      1009000 | PA      | $1015704.06   | 0.06%             | 2031-04-28      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Republica del Peru                                                                            | BONOS DE TESORERIA 5.400000% 08/12/2034                                    | CUSIP: N/A<br>LEI: 254900STKLK2DBJJZ530       | Long             | DBT              | NUSS              | PE        |      4115000 | PA      | $1206081.62   | 0.07%             | 2034-08-12      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| TELEKOM SRBIJA AD B EUR                                                                       | TELEKOM SRBIJA AD B EUR 6/13/2029                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              |  | RS        |      1700000 | PA      | $1953206.60   | 0.11%             | 2029-06-13      | Floating      | 7.74%                 | No            |                  3 | On Loan: No      |
| MEXICAN PESO                                                                                  | FX Forward Contract: MXN/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | MX        |            1 | NC      | $25661.62     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Republica del Peru                                                                            | PERU GOVERNMENT BOND 144A 6.850000% 08/12/2035                             | CUSIP: N/A<br>LEI: 254900STKLK2DBJJZ530       | Long             | DBT              | NUSS              | PE        |      1300000 | PA      | $412707.94    | 0.02%             | 2035-08-12      | Fixed         | 6.85%                 | Yes           |                  2 | On Loan: No      |
| HSBC Bank PLC                                                                                 | BRK : HSBC PAY : 9.55% FIXED                                               | CUSIP: N/A<br>LEI: MP6I5ZYZBEU3UXPYFY54       | N/A              | DIR              |  | CO        |   2700000000 | NC      | $25150.96     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/MXN SETTLE 2026-02-19                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-1669.78     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Kerajaan Malaysia                                                                             | MALAYSIA GOVERNMENT 3.828000% 07/05/2034                                   | CUSIP: N/A<br>LEI: 254900GSIL471JOBYY43       | Long             | DBT              | NUSS              | MY        |      5316000 | PA      | $1319361.65   | 0.07%             | 2034-07-05      | Fixed         | 3.83%                 | No            |                  2 | On Loan: No      |
| Kingdom of Thailand                                                                           | THAILAND GOVERNMENT BOND 2.875000% 06/17/2046                              | CUSIP: N/A<br>LEI: 254900PHJ6MSKT6C7026       | Long             | DBT              | NUSS              | TH        |      4865000 | PA      | $163325.77    | 0.01%             | 2046-06-17      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| International Bank for Reconstruction and Development                                         | INTERNATIONAL BANK FOR RECONSTRUCTION & DEVELOPMEN 6.750000% 07/13/2029    | CUSIP: N/A<br>LEI: ZTMSNXROF84AHWJNKQ93       | Long             | DBT              | NUSS              | XX        |    264300000 | PA      | $2964261.27   | 0.17%             | 2029-07-13      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Republica Argentina                                                                           | REPUBLIC OF ARGENTINA 3.875000% 07/09/2035                                 | CUSIP: N/A<br>LEI: 549300KPBYGYF7HCHO27       | Long             | DBT              | NUSS              | AR        |      3700000 | PA      | $2860655.05   | 0.16%             | 2035-07-09      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Magyarorszag                                                                                  | HUNGARY GOVERNMENT INTERNATIONAL BOND 144A 5.375000% 09/26/2030            | CUSIP: 445545AV8<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |      1559000 | PA      | $1595965.76   | 0.09%             | 2030-09-26      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| Republic of Uzbekistan                                                                        | REPUBLIC OF UZBEKISTAN INTERNATIONAL BOND 144A 15.500000% 02/25/2028       | CUSIP: 91824PAD9<br>LEI: 213800L6VDKUM3TCM927 | Long             | DBT              | NUSS              | UZ        |  72500000000 | PA      | $6238441.47   | 0.35%             | 2028-02-25      | Fixed         | 15.50%                | Yes           |                  2 | On Loan: No      |
| Rzeczpospolita Polska                                                                         | REPUBLIC OF POLAND 4.875000% 02/12/2030                                    | CUSIP: 857524AF9<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |      4184000 | PA      | $4320670.78   | 0.25%             | 2030-02-12      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ISRAELI SHEKEL                                                                                | FX Forward Contract: ILS/USD SETTLE 2025-12-10                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | IL        |            1 | NC      | $23910.34     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/IDR SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $252.69       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| USD P/CLP C                                                                                   | USD P/CLP C EXPIRATION: 02/12/2026                                         | CUSIP: USCLP28L3<br>LEI: N/A                  | N/A              | DFE              |  | US        |      6200000 | NC      | $66728.34     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Republic of Kazakhstan                                                                        | REPUBLIC OF KAZAKHSTAN 5.500000% 07/01/2037                                | CUSIP: N/A<br>LEI: 5493007OEK8EF02UO833       | Long             | DBT              | NUSS              | KZ        |      1552000 | PA      | $1592981.86   | 0.09%             | 2037-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Arab Republic of Egypt                                                                        | EGYPT TREASURY BILL ZERO COUPON 12/09/2025                                 | CUSIP: YT7544877<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |     44200000 | PA      | $922166.14    | 0.05%             | 2025-12-09      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Republic of South Africa                                                                      | REPUBLIC OF SOUTH AFRICA 6.250000% 03/31/2036                              | CUSIP: N/A<br>LEI: 378900AAFB4F17004C49       | Long             | DBT              | NUSS              | ZA        |      9522564 | PA      | $462470.46    | 0.03%             | 2036-03-31      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| DAE Sukuk (DIFC) Ltd                                                                          | DAE SUKUK DIFC LTD MTN 4.500000% 10/16/2030                                | CUSIP: 23302JAC9<br>LEI: 635400AMGMPG1J5EQD94 | Long             | DBT              | NUSS              | AE        |      2310000 | PA      | $2292194.61   | 0.13%             | 2030-10-16      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/TRY SETTLE 2025-12-18                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-7778.99     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Republica del Peru                                                                            | REPUBLIC OF PERU 5.500000% 03/30/2036                                      | CUSIP: 715638FC1<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |       810000 | PA      | $831627.00    | 0.05%             | 2036-03-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Republic of Iraq                                                                              | REPUBLIC OF IRAQ 01/15/2028 5.8%                                           | CUSIP: N/A<br>LEI: 2549004N3P710UQ9X454       | Long             | DBT              | NUSS              | IQ        |      6268938 | PA      | $6244505.57   | 0.35%             | 2028-01-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: ZAR/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | ZA        |            1 | NC      | $650.28       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Republic of Lebanon                                                                           | LEBANON GOVERNMENT INTERNATIONAL BOND MTN 8.250000% 04/12/2021             | CUSIP: N/A<br>LEI: 529900QPC4K9S1KHL354       | Long             | DBT              | NUSS              | LB        |     10560000 | PA      | $2323200.00   | 0.13%             | 2049-04-12      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| EGYPTIAN POUND                                                                                | FX Forward Contract: EGP/USD SETTLE 2026-03-18                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | EG        |            1 | NC      | $1215.85      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                                           | REPUBLIC OF ARGENTINA VARIABLE RATE 12/15/2035                             | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | NUSS              | AR        |      8158273 | PA      | $761272.37    | 0.04%             | 2035-12-15      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Braskem Netherlands Finance B.V.                                                              | BRASKEM NETHERLANDS FINANCE BV 8.000000% 10/15/2034                        | CUSIP: N15516AJ1<br>LEI: 2549000TLMHFQ74DS330 | Long             | DBT              | NUSS              | BR        |      5329000 | PA      | $1905117.50   | 0.11%             | 2034-10-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/RON SETTLE 2026-01-08                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-4698.55     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Rzeczpospolita Polska                                                                         | REPUBLIC OF POLAND 5.125000% 09/18/2034                                    | CUSIP: 731011AY8<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |      6250000 | PA      | $6425622.88   | 0.37%             | 2034-09-18      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Estados Unidos Mexicanos                                                                      | MEX BONOS DESARR FIX RT 7.750000% 05/29/2031                               | CUSIP: N/A<br>LEI: 254900EGTWEU67VP6075       | Long             | DBT              | NUSS              | MX        |     35318600 | PA      | $1874014.73   | 0.11%             | 2031-05-29      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Republic of Lebanon                                                                           | LEBANESE REPUBLIC 8.250000% 05/17/2034                                     | CUSIP: N/A<br>LEI: 529900QPC4K9S1KHL354       | Long             | DBT              | NUSS              | LB        |      8218000 | PA      | $1802536.12   | 0.10%             | 2034-05-17      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Threelands Energy Ltd S.a r.l.                                                                | THREELANDS ENERGY LTD SARL 144A 7.450000% 10/20/2035                       | CUSIP: 88580LAA4<br>LEI: N/A                  | Long             | DBT              | NUSS              | LU        |      1510000 | PA      | $1512423.31   | 0.09%             | 2035-10-20      | Fixed         | 7.45%                 | Yes           |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/ZAR SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-6265.65     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/EUR SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $5222.61      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| EUR P/HUF C                                                                                   | EUR P/HUF C EXPIRATION: 05/21/2026                                         | CUSIP: EUHUP28N5<br>LEI: N/A                  | N/A              | DFE              |  | US        |       320000 | NC      | $33735.32     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Islamic Republic of Pakistan                                                                  | PAKISTAN GOVERNMENT INTERNATIONAL BOND MTN 8.875000% 04/08/2051            | CUSIP: N/A<br>LEI: 529900LOP29R5WKHOD86       | Long             | DBT              | NUSS              | PK        |      2200000 | PA      | $2106423.59   | 0.12%             | 2051-04-08      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Republic of Ukraine                                                                           | UKRAINE GOVERNMENT 4.500000% 02/01/2035                                    | CUSIP: N/A<br>LEI: 6354001WLTJXOMEXPY07       | Long             | DBT              | NUSS              | UA        |      1992267 | PA      | $1157600.09   | 0.07%             | 2035-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/IDR SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-148.93      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: COP/USD SETTLE 2025-12-10                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | CO        |            1 | NC      | $3018.99      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| TURKISH LIRA                                                                                  | FX Forward Contract: TRY/USD SETTLE 2026-02-02                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | TR        |            1 | NC      | $62081.35     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Ministry of Finance of the People's Republic of China                                         | CHINA GOVERNMENT INTERNATIONAL BOND 144A 3.750000% 11/13/2030              | CUSIP: 60367QAF0<br>LEI: N/A                  | Long             | DBT              | NUSS              | CN        |      3428000 | PA      | $3478391.60   | 0.20%             | 2030-11-13      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| SOUTH AFRICAN RAND                                                                            | FX Forward Contract: ZAR/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | ZA        |            1 | NC      | $3447.64      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMORGAN SECURITIES LLC                                                                       | BRK: JPM PAY: USD - SECURED OVERNIGHT FINANCING RATE                       | CUSIP: N/A<br>LEI: ZBUT11V806EZRVTWT807       | N/A              | DE               |  | ZM        |     20400000 | NC      | $41221.40     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| SA GLOBAL SUKUK LIMITED                                                                       | SA GLOBAL SUKUK LTD MTN 4.625000% 09/17/2035                               | CUSIP: 78397PAH4<br>LEI: 5493007DFAVKU7UOGR47 | Long             | DBT              | NUSS              | SA        |       470000 | PA      | $458616.22    | 0.03%             | 2035-09-17      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| Pemerintah Republik Indonesia                                                                 | INDONESIA GOVERNMENT 7.125000% 08/15/2045                                  | CUSIP: N/A<br>LEI: 529900FWX0GRR7WG5W79       | Long             | DBT              | NUSS              | ID        |  30157000000 | PA      | $1922551.75   | 0.11%             | 2045-08-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Republic of South Africa                                                                      | REPUBLIC OF SOUTH AFRICA 8.875000% 02/28/2035                              | CUSIP: N/A<br>LEI: 378900AAFB4F17004C49       | Long             | DBT              | NUSS              | ZA        |     81704318 | PA      | $4887291.65   | 0.28%             | 2035-02-28      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Kerajaan Malaysia                                                                             | MALAYSIA GOVERNMENT 3.900000% 11/30/2026                                   | CUSIP: N/A<br>LEI: 254900GSIL471JOBYY43       | Long             | DBT              | NUSS              | MY        |     76600000 | PA      | $18723199.26  | 1.06%             | 2026-11-30      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Ceska republika                                                                               | CZECH REPUBLIC 3.600000% 06/03/2036                                        | CUSIP: N/A<br>LEI: 3157007EFDLQABN47912       | Long             | DBT              | NUSS              | CZ        |     39000000 | PA      | $1711348.76   | 0.10%             | 2036-06-03      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/GBP SETTLE 2026-01-15                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-13210.95    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                                                                      | US 10YR NOTE (CBT)MAR26 FINANCIAL COMMODITY FUTURE.                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |          -26 | NC      | $-2946937.50  | -0.17%            |  |  |  | No            |                  1 | On Loan: No      |
| Republic of Ghana                                                                             | REPUBLIC OF GHANA ZERO COUPON 07/03/2026                                   | CUSIP: N/A<br>LEI: 213800PP4399SNNXZ126       | Long             | DBT              | NUSS              | GH        |       151360 | PA      | $148307.83    | 0.01%             | 2026-07-03      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Federal Republic of Nigeria                                                                   | NIGERIA GOVERNMENT INTERNATIONAL BOND 144A 9.129700% 01/13/2046            | CUSIP: 65412AFG2<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |       900000 | PA      | $955769.82    | 0.05%             | 2046-01-13      | Fixed         | 9.13%                 | Yes           |                  2 | On Loan: No      |
| Republica de Colombia                                                                         | TITULOS DE TESORERIA 13.250000% 02/09/2033                                 | CUSIP: N/A<br>LEI: 549300MHDRBVRF6B9117       | Long             | DBT              | NUSS              | CO        |   9214400000 | PA      | $2540258.31   | 0.14%             | 2033-02-09      | Fixed         | 13.25%                | No            |                  2 | On Loan: No      |
| Federal Democratic Republic of Ethiopia                                                       | FEDERAL REP OF ETHIOPIA 6.625000% 12/11/2024                               | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | NUSS              | ET        |      2225000 | PA      | $2388863.95   | 0.14%             | 2024-12-11      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE BANK N.A.                                                                     | REF: MIBOR INDEX BRK: JP MORGAN                                            | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DIR              |  | IN        |    337000000 | NC      | $8712.80      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/HUF SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-27369.04    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Kingdom of Saudi Arabia                                                                       | SAUDI GOVERNMENT INTERNATIONAL BOND MTN 3.750000% 01/21/2055               | CUSIP: N/A<br>LEI: 635400FMICXSM3SI3H65       | Long             | DBT              | NUSS              | SA        |      4470000 | PA      | $3261946.52   | 0.19%             | 2055-01-21      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| BARCLAYS CAPITAL INC.                                                                         | FX Forward Contract: PEN/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 213800IQAOC5HG62T347       | N/A              | DFE              |  | PE        |            1 | NC      | $87343.08     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/MXN SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-26067.92    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Kerajaan Malaysia                                                                             | MALAYSIA GOVERNMENT 3.885000% 08/15/2029                                   | CUSIP: N/A<br>LEI: 254900GSIL471JOBYY43       | Long             | DBT              | NUSS              | MY        |     16004000 | PA      | $3963178.28   | 0.23%             | 2029-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/PLN SETTLE 2025-12-04                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-59200.18    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: COP/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | CO        |            1 | NC      | $-1449.07     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: USD/BRL SETTLE 2025-12-08                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | US        |            1 | NC      | $-374.30      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Romania                                                                                       | ROMANIA GOVERNMENT BOND 4.150000% 10/24/2030                               | CUSIP: N/A<br>LEI: 315700IASY927EDWBK92       | Long             | DBT              | NUSS              | RO        |      1920000 | PA      | $389330.22    | 0.02%             | 2030-10-24      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Turkiye Cumhuriyeti                                                                           | TURKIYE GOVERNMENT BOND 30.000000% 09/12/2029                              | CUSIP: N/A<br>LEI: 5493000PCHOG3B6S3Q85       | Long             | DBT              | NUSS              | TR        |     61996000 | PA      | $1379875.10   | 0.08%             | 2029-09-12      | Fixed         | 30.00%                | No            |                  2 | On Loan: No      |
| Arab Republic of Egypt                                                                        | EGYPT TREASURY BILL ZERO COUPON 04/07/2026                                 | CUSIP: YQ7962182<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |     26550000 | PA      | $510295.58    | 0.03%             | 2026-04-07      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/ZAR SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-24619.56    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Kingdom of Thailand                                                                           | THAILAND GOVERNMENT BOND 3.390000% 06/17/2037                              | CUSIP: N/A<br>LEI: 254900PHJ6MSKT6C7026       | Long             | DBT              | NUSS              | TH        |     46787000 | PA      | $1676560.45   | 0.10%             | 2037-06-17      | Fixed         | 3.39%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                                                                       | BRK : GOLDMAN SACHS REC : 6.05% FIXED                                      | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DIR              |  | HU        |   1300000000 | NC      | $-58203.17    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                                                                       | BRK : GOLDMAN SACHS REC : 13.35% FIXED                                     | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DIR              |  | BR        |      8689945 | NC      | $33250.09     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America                                                                               | BRK : BANK OF AMERICA PAY : 4.405% FIXED                                   | CUSIP: N/A<br>LEI: B4TYDEB6GKMZO031MB27       | N/A              | DIR              |  | CL        |   7000000000 | NC      | $5883.26      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: USD/PLN SETTLE 2026-02-09                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | US        |            1 | NC      | $-36107.84    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Rzeczpospolita Polska                                                                         | POLAND GOVERNMENT BOND 6.000000% 10/25/2033                                | CUSIP: N/A<br>LEI: 259400R9L8QEP0TPXS31       | Long             | DBT              | NUSS              | PL        |     12211000 | PA      | $3587195.13   | 0.20%             | 2033-10-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Provincia de Buenos Aires                                                                     | PROVINCIA DE BUENOS AIRES/GOVERNMENT BONDS MTN 6.625000% 09/01/2037        | CUSIP: N/A<br>LEI: 549300L6AYROPOTQ4L07       | Long             | DBT              | NUSS              | AR        |      4631491 | PA      | $3339629.36   | 0.19%             | 2037-09-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Estados Unidos Mexicanos                                                                      | MEX BONOS DESARR FIX RT 8.500000% 11/18/2038                               | CUSIP: N/A<br>LEI: 254900EGTWEU67VP6075       | Long             | DBT              | NUSS              | MX        |    110695800 | PA      | $5761606.59   | 0.33%             | 2038-11-18      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/HUF SETTLE 2026-04-08                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-43199.69    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| TURKISH LIRA                                                                                  | FX Forward Contract: TRY/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | TR        |            1 | NC      | $64444.09     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: EUR/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | XX        |            1 | NC      | $-10546.05    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Romania                                                                                       | ROMANIA 7.500000% 02/10/2037                                               | CUSIP: N/A<br>LEI: 315700IASY927EDWBK92       | Long             | DBT              | NUSS              | RO        |      5338000 | PA      | $5862531.68   | 0.33%             | 2037-02-10      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| UBS SECURITIES                                                                                | FX Forward Contract: BRL/USD SETTLE 2026-04-06                             | CUSIP: N/A<br>LEI: T6FIZBDPKLYJKFCRVK44       | N/A              | DFE              |  | BR        |            1 | NC      | $178.49       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: USD/CNY SETTLE 2025-12-08                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | US        |            1 | NC      | $-298.25      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Pemerintah Republik Indonesia                                                                 | INDONESIA GOVERNMENT 7.500000% 04/15/2040                                  | CUSIP: N/A<br>LEI: 529900FWX0GRR7WG5W79       | Long             | DBT              | NUSS              | ID        |  31245000000 | PA      | $2040164.37   | 0.12%             | 2040-04-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: USD/BRL SETTLE 2025-12-08                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | US        |            1 | NC      | $-188102.66   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Romania                                                                                       | ROMANIA GOVERNMENT BOND 7.350000% 04/28/2031                               | CUSIP: N/A<br>LEI: 315700IASY927EDWBK92       | Long             | DBT              | NUSS              | RO        |      7880000 | PA      | $1831914.22   | 0.10%             | 2031-04-28      | Fixed         | 7.35%                 | No            |                  2 | On Loan: No      |
| Romania                                                                                       | ROMANIA 5.750000% 03/24/2035                                               | CUSIP: N/A<br>LEI: 315700IASY927EDWBK92       | Long             | DBT              | NUSS              | RO        |      7602000 | PA      | $7458746.54   | 0.42%             | 2035-03-24      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                                                           | NIGERIA OMO BILL ZERO COUPON 02/23/2026                                    | CUSIP: YR8038253<br>LEI: N/A                  | Long             | DBT              | NUSS              | NG        |   3200000000 | PA      | $2106148.71   | 0.12%             | 2026-02-23      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| USD P/ZAR C                                                                                   | USD P/ZAR C EXPIRATION: 01/30/2026                                         | CUSIP: USZAP28D9<br>LEI: N/A                  | N/A              | DFE              |  | US        |     12500000 | NC      | $57143.82     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Braskem Netherlands Finance B.V.                                                              | BRASKEM NETHERLANDS FINANCE BV 8.500000% 01/12/2031                        | CUSIP: N15516AH5<br>LEI: 2549000TLMHFQ74DS330 | Long             | DBT              | NUSS              | BR        |       320000 | PA      | $116824.00    | 0.01%             | 2031-01-12      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK SECURITIES, INC.                                                                | FX Forward Contract: HUF/USD SETTLE 2026-04-01                             | CUSIP: N/A<br>LEI: 9J6MBOOO7BECTDTUZW19       | N/A              | DFE              |  | HU        |            1 | NC      | $64685.77     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/EUR SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $17037.83     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| REF:                                                                                          | Credit Default Swap                                                        | CUSIP: CDS288986<br>LEI: N/A                  | N/A              | DCR              |  | US        |      7200000 | NC      | $-60309.99    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Republic of South Africa                                                                      | REPUBLIC OF SOUTH AFRICA 11.625000% 03/31/2053                             | CUSIP: N/A<br>LEI: 378900AAFB4F17004C49       | Long             | DBT              | NUSS              | ZA        |     30000000 | PA      | $2151531.79   | 0.12%             | 2053-03-31      | Fixed         | 11.62%                | No            |                  2 | On Loan: No      |
| MEXICAN PESO                                                                                  | FX Forward Contract: MXN/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | MX        |            1 | NC      | $5712.98      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Kerajaan Malaysia                                                                             | MALAYSIA GOVERNMENT 2.632000% 04/15/2031                                   | CUSIP: N/A<br>LEI: 254900GSIL471JOBYY43       | Long             | DBT              | NUSS              | MY        |     20669000 | PA      | $4824372.82   | 0.27%             | 2031-04-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Republika e Shqiperise                                                                        | REPUBLIC OF ALBANIA 4.750000% 02/14/2035                                   | CUSIP: N/A<br>LEI: 254900EDM43U3SGRND29       | Long             | DBT              | NUSS              | AL        |       510000 | PA      | $604739.31    | 0.03%             | 2035-02-14      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Republica de Colombia                                                                         | TITULOS DE TESORERIA 13.250000% 02/09/2033                                 | CUSIP: N/A<br>LEI: 549300MHDRBVRF6B9117       | Long             | DBT              | NUSS              | CO        |  10649900000 | PA      | $2936002.02   | 0.17%             | 2033-02-09      | Fixed         | 13.25%                | No            |                  2 | On Loan: No      |
| MEXICAN PESO                                                                                  | FX Forward Contract: MXN/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | MX        |            1 | NC      | $4278.77      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Republica de Colombia                                                                         | TITULOS DE TESORERIA 7.000000% 03/26/2031                                  | CUSIP: N/A<br>LEI: 549300MHDRBVRF6B9117       | Long             | DBT              | NUSS              | CO        |  40000000000 | PA      | $8546210.76   | 0.49%             | 2031-03-26      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Kingdom of eSwatini                                                                           | ESWATINI GOVERNMENT BOND MTN 11.875000% 05/08/2027                         | CUSIP: ZB8853184<br>LEI: 2549002J8BB66THYB069 | Long             | DBT              | NUSS              | SZ        |     16000000 | PA      | $955936.70    | 0.05%             | 2027-05-08      | Fixed         | 11.88%                | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/CLP SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-46894.19    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Republica Argentina                                                                           | REPUBLIC OF ARGENTINA 4.000000% 07/09/2046                                 | CUSIP: N/A<br>LEI: 549300KPBYGYF7HCHO27       | Long             | DBT              | NUSS              | AR        |       782727 | PA      | $597377.28    | 0.03%             | 2046-07-09      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Republica del Ecuador                                                                         | REPUBLIC OF ECUADOR 6.900000% 07/31/2030                                   | CUSIP: N/A<br>LEI: 5299003Y2U5XK0A35H71       | Long             | DBT              | NUSS              | EC        |      3471743 | PA      | $3374534.20   | 0.19%             | 2030-07-31      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| The Hashemite Kingdom of Jordan                                                               | KINGDOM OF JORDAN 7.500000% 01/13/2029                                     | CUSIP: N/A<br>LEI: 5493000JZ4MYPVMBVN50       | Long             | DBT              | NUSS              | JO        |      1021000 | PA      | $1072988.83   | 0.06%             | 2029-01-13      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Banco Central del Uruguay                                                                     | URU MONETARY REG BILL ZERO COUPON 06/05/2026                               | CUSIP: P08097MR8<br>LEI: 549300DTMS39GZYBX161 | Long             | DBT              | NUSS              | UY        |     21900000 | PA      | $532550.52    | 0.03%             | 2026-06-05      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Romania                                                                                       | ROMANIA GOVERNMENT BOND 6.850000% 07/29/2030                               | CUSIP: X5S007QH3<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |      7695000 | PA      | $1747810.12   | 0.10%             | 2030-07-29      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/TRY SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-3696.51     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Republique du Benin                                                                           | BENIN GOVERNMENT INTERNATIONAL BOND 144A 8.375000% 01/23/2041              | CUSIP: 08205QAC2<br>LEI: 635400Q11P6AE5A5Y230 | Long             | DBT              | NUSS              | BJ        |       602000 | PA      | $626649.26    | 0.04%             | 2041-01-23      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| Republic of India                                                                             | INDIA GOVERNMENT BOND 7.300000% 06/19/2053                                 | CUSIP: N/A<br>LEI: 335800IV7VCDQGIOI391       | Long             | DBT              | NUSS              | IN        |    735000000 | PA      | $8182705.55   | 0.46%             | 2053-06-19      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/INR SETTLE 2026-02-03                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $3427.18      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Pemerintah Republik Indonesia                                                                 | INDONESIA GOVERNMENT 7.500000% 06/15/2035                                  | CUSIP: N/A<br>LEI: 529900FWX0GRR7WG5W79       | Long             | DBT              | NUSS              | ID        |   5000000000 | PA      | $325728.01    | 0.02%             | 2035-06-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| The Commonwealth of The Bahamas                                                               | BAHAMAS GOVERNMENT INTERNATIONAL BOND 144A 8.250000% 06/24/2036            | CUSIP: 056732AP5<br>LEI: 549300W13SXC7EKNJC20 | Long             | DBT              | NUSS              | BS        |       750000 | PA      | $814890.00    | 0.05%             | 2036-06-24      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| Braskem Netherlands Finance B.V.                                                              | BRASKEM NETHERLANDS FINANCE BV 8.500000% 01/12/2031                        | CUSIP: N15516AH5<br>LEI: 2549000TLMHFQ74DS330 | Long             | DBT              | NUSS              | BR        |      1930000 | PA      | $704594.77    | 0.04%             | 2031-01-12      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| The Government of The Lao People's Democratic Republic                                        | LAOS GOVERNMENT INTERNATIONAL BOND 144A 11.250000% 11/12/2030              | CUSIP: 51656QAD4<br>LEI: N/A                  | Long             | DBT              | NUSS              | LA        |      1200000 | PA      | $1204560.00   | 0.07%             | 2030-11-12      | Fixed         | 11.25%                | Yes           |                  2 | On Loan: No      |
| AVENIR ISSUER II (IRELAND) DESIGNATED ACTIVITY COMPANY                                        | REP OF ANGOLA(AVENIR IS) 6.927000% 02/19/2027                              | CUSIP: N/A<br>LEI: 635400VEZIQKZPR7KU35       | Long             | DBT              | NUSS              | AO        |      1320000 | PA      | $1280398.46   | 0.07%             | 2027-02-19      | Fixed         | 6.93%                 | No            |                  2 | On Loan: No      |
| UBS SECURITIES                                                                                | FX Forward Contract: BRL/USD SETTLE 2025-12-11                             | CUSIP: N/A<br>LEI: T6FIZBDPKLYJKFCRVK44       | N/A              | DFE              |  | BR        |            1 | NC      | $6827.79      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Romania                                                                                       | ROMANIAN GOVERNMENT INTERNATIONAL BOND 144A 6.500000% 10/07/2045           | CUSIP: N/A<br>LEI: 315700IASY927EDWBK92       | Long             | DBT              | NUSS              | RO        |      5700000 | PA      | $6576338.45   | 0.37%             | 2045-10-07      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Asian Infrastructure Investment Bank                                                          | ASIAN INFRASTRUCTURE INVESTMENT BANK/THE MTN 6.650000% 06/30/2033          | CUSIP: N/A<br>LEI: 25490065OSV2524LCR32       | Long             | DBT              | NUSS              | XX        |    140000000 | PA      | $1536521.42   | 0.09%             | 2033-06-30      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| TURKISH LIRA                                                                                  | FX Forward Contract: TRY/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | TR        |            1 | NC      | $4670.60      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/ILS SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-44098.98    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: USD/KRW SETTLE 2026-02-11                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | US        |            1 | NC      | $209.74       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                                           | NIGERIA OMO BILL ZERO COUPON 06/23/2026                                    | CUSIP: YJ3143239<br>LEI: N/A                  | Long             | DBT              | NUSS              | NG        |   1000000000 | PA      | $621459.28    | 0.04%             | 2026-06-23      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                                                                       | REF: THOR INDEX BRK: GOLDMAN SACHS                                         | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DIR              |  | TH        |     45440000 | NC      | $-51265.78    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| PHILLIPINE PESO                                                                               | FX Forward Contract: PHP/USD SETTLE 2026-03-02                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | PH        |            1 | NC      | $41892.99     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MALAYSIAN RINGGIT                                                                             | FX Forward Contract: MYR/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | MY        |            1 | NC      | $8447.44      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE BANK N.A.                                                                     | BRK : J P MORGAN CHASE BANK PAY : 4.1127% FIXED                            | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DIR              |  | US        |      1800000 | NC      | $-47573.37    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Telecommunications Services of Trinidad and Tobago Limited                                    | TELECOMMUNICATIONS SERVICES OF TRINIDAD & TOBAGO L 8.875000% 10/18/2029    | CUSIP: P90301AA3<br>LEI: 5299007N4G3EZWXAMB76 | Long             | DBT              | NUSS              | TT        |      1100000 | PA      | $1119690.00   | 0.06%             | 2029-10-18      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Eastern European Electric Company B.V.                                                        | EASTERN EUROPEAN ELECTRIC CO BV 144A 6.500000% 05/15/2030                  | CUSIP: N/A<br>LEI: 8945004UQXDLRHI1KJ27       | Long             | DBT              | NUSS              | BG        |       500000 | PA      | $610715.87    | 0.03%             | 2030-05-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Kerajaan Malaysia                                                                             | MALAYSIA GOVERNMENT 3.900000% 11/30/2026                                   | CUSIP: N/A<br>LEI: 254900GSIL471JOBYY43       | Long             | DBT              | NUSS              | MY        |      4666000 | PA      | $1140501.93   | 0.06%             | 2026-11-30      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Republica del Peru                                                                            | REPUBLIC OF PERU 5.500000% 03/30/2036                                      | CUSIP: 715638FC1<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |      6025000 | PA      | $6185867.50   | 0.35%             | 2036-03-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/BRL SETTLE 2025-12-11                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-30446.68    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/RON SETTLE 2025-12-03                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-15781.06    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Pemerintah Republik Indonesia                                                                 | REPUBLIC OF INDONESIA 5.650000% 01/11/2053                                 | CUSIP: 455780DS2<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |      3746000 | PA      | $3838572.31   | 0.22%             | 2053-01-11      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Republica Del Paraguay                                                                        | REPUBLIC OF PARAGUAY 5.850000% 08/21/2033                                  | CUSIP: P75744AM7<br>LEI: 529900UXKJTJPCU0HK83 | Long             | DBT              | NUSS              | PY        |      2234000 | PA      | $2339792.48   | 0.13%             | 2033-08-21      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| PERUVIAN NEW SOL                                                                              | FX Forward Contract: PEN/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | PE        |            1 | NC      | $9033.92      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Rzeczpospolita Polska                                                                         | REPUBLIC OF POLAND 5.500000% 03/18/2054                                    | CUSIP: 731011AZ5<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |      1700000 | PA      | $1658954.06   | 0.09%             | 2054-03-18      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Democratic Socialist Republic of Sri Lanka                                                    | SRI LANKA GOVERNMENT INTERNATIONAL BOND 144A 3.600000% 06/15/2035          | CUSIP: N/A<br>LEI: 254900IG6Y30I2QE2R92       | Long             | DBT              | NUSS              | LK        |      3375199 | PA      | $2547673.11   | 0.14%             | 2035-06-15      | Fixed         | 3.60%                 | Yes           |                  2 | On Loan: No      |
| HSBC Bank PLC                                                                                 | BRK : HSBC PAY : 8.87% FIXED                                               | CUSIP: N/A<br>LEI: MP6I5ZYZBEU3UXPYFY54       | N/A              | DIR              |  | CO        |   8900000000 | NC      | $181614.09    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Kingdom of Bahrain                                                                            | KINGDOM OF BAHRAIN 6.000000% 09/19/2044                                    | CUSIP: N/A<br>LEI: 54930065PJIB53WWMP12       | Long             | DBT              | NUSS              | BH        |      2510000 | PA      | $2281914.99   | 0.13%             | 2044-09-19      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Republic of South Africa                                                                      | REPUBLIC OF SOUTH AFRICA 8.750000% 02/28/2048                              | CUSIP: N/A<br>LEI: 378900AAFB4F17004C49       | Long             | DBT              | NUSS              | ZA        |    231284702 | PA      | $12646015.13  | 0.72%             | 2048-02-28      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| USD P/ZAR C                                                                                   | USD P/ZAR C EXPIRATION: 03/16/2026                                         | CUSIP: USZAP28P3<br>LEI: N/A                  | N/A              | DFE              |  | US        |    -19200000 | NC      | $-57591.09    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: EUR/RON SETTLE 2025-12-03                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | XX        |            1 | NC      | $-557.59      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Republica Oriental del Uruguay                                                                | REPUBLICA ORIENT URUGUAY 8.000000% 10/29/2035                              | CUSIP: 760942BJ0<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |     28500000 | PA      | $726629.10    | 0.04%             | 2035-10-29      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Pemerintah Republik Indonesia                                                                 | INDONESIA GOVERNMENT 7.125000% 06/15/2043                                  | CUSIP: N/A<br>LEI: 529900FWX0GRR7WG5W79       | Long             | DBT              | NUSS              | ID        |   3775000000 | PA      | $238218.25    | 0.01%             | 2043-06-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| HAZINE MUSTESARLIGI VARLIK KIRALAMA ANONIM SIRKETI                                            | HAZINE MUSTESARLIGI VARLIK KIRALAMA AS 144A 6.750000% 09/01/2030           | CUSIP: 421790AN6<br>LEI: 6354003QFJP7RDXEOZ20 | Long             | DBT              | NUSS              | TR        |      4450000 | PA      | $4630579.09   | 0.26%             | 2030-09-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Banco Central del Uruguay                                                                     | URU MONETARY REG BILL ZERO COUPON 07/31/2026                               | CUSIP: YM5105189<br>LEI: 549300DTMS39GZYBX161 | Long             | DBT              | NUSS              | UY        |     64269000 | PA      | $1544917.82   | 0.09%             | 2026-07-31      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Republic of Ghana                                                                             | REPUBLIC OF GHANA 5.000000% 07/03/2029                                     | CUSIP: N/A<br>LEI: 213800PP4399SNNXZ126       | Long             | DBT              | NUSS              | GH        |      1849320 | PA      | $1808529.96   | 0.10%             | 2029-07-03      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TURKISH LIRA                                                                                  | FX Forward Contract: TRY/USD SETTLE 2025-12-08                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | TR        |            1 | NC      | $117.90       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Republica de Guatemala                                                                        | REPUBLIC OF GUATEMALA 4.500000% 05/03/2026                                 | CUSIP: P5015VAF3<br>LEI: 529900QKDFFU9UWW5315 | Long             | DBT              | NUSS              | GT        |      1522000 | PA      | $1513629.00   | 0.09%             | 2026-05-03      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE BANK N.A.                                                                     | BRK : J P MORGAN CHASE BANK PAY : 37% FIXED                                | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DIR              |  | TR        |    134300000 | NC      | $-295.73      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/INR SETTLE 2026-05-08                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $41475.81     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/KZT SETTLE 2026-03-30                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-30677.87    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Kingdom of eSwatini                                                                           | ESWATINI GOVERNMENT BOND MTN 12.175000% 08/01/2030                         | CUSIP: YM8163854<br>LEI: 2549002J8BB66THYB069 | Long             | DBT              | NUSS              | SZ        |     13000000 | PA      | $771663.20    | 0.04%             | 2030-08-01      | Fixed         | 12.18%                | No            |                  2 | On Loan: No      |
| Republica de Chile                                                                            | BONOS TESORERIA PESOS 5.000000% 03/01/2035                                 | CUSIP: N/A<br>LEI: 549300FLZTJM5YJF8D34       | Long             | DBT              | NUSS              | CL        |   2050000000 | PA      | $2193031.47   | 0.12%             | 2035-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: EUR/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | XX        |            1 | NC      | $-1618.30     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Republic of Ghana                                                                             | REPUBLIC OF GHANA 5.000000% 07/03/2035                                     | CUSIP: N/A<br>LEI: 213800PP4399SNNXZ126       | Long             | DBT              | NUSS              | GH        |      6992080 | PA      | $6199007.73   | 0.35%             | 2035-07-03      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/CZK SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $8996.61      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Credicorp Capital Sociedad Titulizadora S.A.                                                  | CREDICORP CAPITAL SOCIEDAD TITULIZADORA SA 144A 10.100000% 12/15/2043      | CUSIP: 224939AA6<br>LEI: N/A                  | Long             | DBT              | NUSS              | PE        |       500000 | PA      | $158458.56    | 0.01%             | 2043-12-15      | Fixed         | 10.10%                | Yes           |                  2 | On Loan: No      |
| CZECH REPUBLIC KORUNA                                                                         | FX Forward Contract: CZK/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | CZ        |            1 | NC      | $-10548.72    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Republic of Uzbekistan                                                                        | UZBEKISTAN INTL BOND 6.947400% 05/25/2032                                  | CUSIP: N/A<br>LEI: 213800L6VDKUM3TCM927       | Long             | DBT              | NUSS              | UZ        |       700000 | PA      | $751702.31    | 0.04%             | 2032-05-25      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| Turkiye Cumhuriyeti                                                                           | REPUBLIC OF TURKIYE 5.750000% 05/11/2047                                   | CUSIP: 900123CM0<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |     13200000 | PA      | $10882882.03  | 0.62%             | 2047-05-11      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Arab Republic of Egypt                                                                        | EGYPT TREASURY BILL ZERO COUPON 01/27/2026                                 | CUSIP: YS8858260<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |     42500000 | PA      | $856232.26    | 0.05%             | 2026-01-27      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Pemerintah Republik Indonesia                                                                 | INDONESIA GOVERNMENT 7.500000% 05/15/2038                                  | CUSIP: N/A<br>LEI: 529900FWX0GRR7WG5W79       | Long             | DBT              | NUSS              | ID        |   9569000000 | PA      | $624240.08    | 0.04%             | 2038-05-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ROMANIAN LEU                                                                                  | FX Forward Contract: KZT/USD SETTLE 2026-11-13                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | RO        |            1 | NC      | $78788.28     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Threelands Energy Ltd S.a r.l.                                                                | THREELANDS ENERGY LTD SARL 144A 7.450000% 10/20/2035                       | CUSIP: 88580LAA4<br>LEI: N/A                  | Long             | DBT              | NUSS              | LU        |      1407000 | PA      | $1409258.01   | 0.08%             | 2035-10-20      | Fixed         | 7.45%                 | Yes           |                  2 | On Loan: No      |
| Pemerintah Republik Indonesia                                                                 | INDONESIA GOVERNMENT 9.000000% 03/15/2029                                  | CUSIP: N/A<br>LEI: 529900FWX0GRR7WG5W79       | Long             | DBT              | NUSS              | ID        |  17056000000 | PA      | $1131041.68   | 0.06%             | 2029-03-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Republica de Panama                                                                           | REPUBLIC OF PANAMA 2.252000% 09/29/2032                                    | CUSIP: 698299BN3<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |      6658000 | PA      | $5433593.80   | 0.31%             | 2032-09-29      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Republica de Guatemala                                                                        | REPUBLIC OF GUATEMALA 6.600000% 06/13/2036                                 | CUSIP: P5015VAQ9<br>LEI: 529900QKDFFU9UWW5315 | Long             | DBT              | NUSS              | GT        |      2280000 | PA      | $2436180.00   | 0.14%             | 2036-06-13      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| Republica Bolivariana de Venezuela                                                            | VENEZUELA GOVERNMENT INTERNATIONAL BOND MATURITY:05/07/2026                | CUSIP: P17625AA5<br>LEI: 529900XM8PJTJK5OJI77 | Long             | DBT              | NUSS              | VE        |      8600000 | PA      | $2365000.00   | 0.13%             | 2026-05-07      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Pemerintah Republik Indonesia                                                                 | INDONESIA GOVERNMENT 7.125000% 06/15/2042                                  | CUSIP: N/A<br>LEI: 529900FWX0GRR7WG5W79       | Long             | DBT              | NUSS              | ID        |   6817000000 | PA      | $428543.92    | 0.02%             | 2042-06-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| ROMANIAN LEU                                                                                  | FX Forward Contract: RON/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | RO        |            1 | NC      | $-849.86      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/COP SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-58513.77    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: BRL/USD SETTLE 2026-02-03                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | BR        |            1 | NC      | $289361.55    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| MEXICAN PESO                                                                                  | FX Forward Contract: MXN/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | MX        |            1 | NC      | $3031.44      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/MXN SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-1553.34     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Republique de Cote d'Ivoire                                                                   | IVORY COAST GOVERNMENT INTERNATIONAL BOND 144A 8.250000% 01/30/2037        | CUSIP: 221625AU0<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |       417000 | PA      | $436779.91    | 0.02%             | 2037-01-30      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/CLP SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-2333.46     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/BRL SETTLE 2025-12-02                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-2982.74     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: EUR/HUF SETTLE 2025-12-02                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | XX        |            1 | NC      | $-16182.42    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Republika Srbija                                                                              | REPUBLIC OF SERBIA 6.000000% 06/12/2034                                    | CUSIP: N/A<br>LEI: 254900W94OCY91V32O78       | Long             | DBT              | NUSS              | RS        |      3526000 | PA      | $3666778.90   | 0.21%             | 2034-06-12      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Republica de Colombia                                                                         | TITULOS DE TESORERIA 7.750000% 09/18/2030                                  | CUSIP: N/A<br>LEI: 549300MHDRBVRF6B9117       | Long             | DBT              | NUSS              | CO        |   4709200000 | PA      | $1061995.76   | 0.06%             | 2030-09-18      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Petroleos de Venezuela, S.A.                                                                  | PETROLEOS DE VENEZUELA SA 6.000000% 05/16/2024                             | CUSIP: P7807HAT2<br>LEI: 549300YWR8TN1OFD4P06 | Long             | DBT              | NUSS              | VE        |      1220944 | PA      | $299131.28    | 0.02%             | 2024-05-16      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| INDONESIA RUPIAH                                                                              | FX Forward Contract: IDR/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | ID        |            1 | NC      | $377.70       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Democratic Socialist Republic of Sri Lanka                                                    | REPUBLIC OF SRI LANKA 3.350000% 03/15/2033                                 | CUSIP: N/A<br>LEI: 254900IG6Y30I2QE2R92       | Long             | DBT              | NUSS              | LK        |      2946291 | PA      | $2554928.45   | 0.15%             | 2033-03-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/MXN SETTLE 2026-02-19                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-1485.07     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/RON SETTLE 2025-12-03                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-6053.40     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Republica de Angola                                                                           | REPUBLIC OF ANGOLA 9.375000% 05/08/2048                                    | CUSIP: N/A<br>LEI: 549300QHR2R3J8JSGK83       | Long             | DBT              | NUSS              | AO        |      2753000 | PA      | $2400069.56   | 0.14%             | 2048-05-08      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| Gobierno de la Republica Dominicana                                                           | DOMINICAN REPUBLIC INTERNATIONAL BOND 144A 5.875000% 10/28/2035            | CUSIP: 25714PFF0<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |       750000 | PA      | $746475.00    | 0.04%             | 2035-10-28      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| JP MORGAN CHASE BANK N.A.                                                                     | BRK - JPMORGAN CHASE BANK REF-  JPEMXCUS                                   | CUSIP: TRS288J83<br>LEI: 984500653R409CC5AB28 | N/A              | DE               |  | US        |      7299997 | NC      | $-70491.26    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MALAYSIAN RINGGIT                                                                             | FX Forward Contract: MYR/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | MY        |            1 | NC      | $121306.22    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Emirate of Abu Dhabi                                                                          | ABU DHABI GOVT INT'L 3.125000% 09/30/2049                                  | CUSIP: N/A<br>LEI: 213800FER4348CINTA77       | Long             | DBT              | NUSS              | AE        |      5900000 | PA      | $4299733.15   | 0.24%             | 2049-09-30      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| USD C/BRL P                                                                                   | USD C/BRL P EXPIRATION: 04/01/2026                                         | CUSIP: USBRC2863<br>LEI: N/A                  | N/A              | DFE              |  | US        |    -12600000 | NC      | $-197869.65   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| KHAZANAH CAPITAL LTD                                                                          | KHAZANAH CAPITAL LTD MTN 4.759000% 09/05/2034                              | CUSIP: N/A<br>LEI: 213800O6O4S6ZMOA9R34       | Long             | DBT              | NUSS              | MY        |       200000 | PA      | $203722.00    | 0.01%             | 2034-09-05      | Fixed         | 4.76%                 | No            |                  2 | On Loan: No      |
| Kingdom of Bahrain                                                                            | BAHRAIN GOVERNMENT INTERNATIONAL BOND 144A 6.625000% 10/06/2037            | CUSIP: 056909AA2<br>LEI: 54930065PJIB53WWMP12 | Long             | DBT              | NUSS              | BH        |      1090000 | PA      | $1093393.38   | 0.06%             | 2037-10-06      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| Pemerintah Republik Indonesia                                                                 | INDONESIA GOVERNMENT 7.500000% 08/15/2032                                  | CUSIP: N/A<br>LEI: 529900FWX0GRR7WG5W79       | Long             | DBT              | NUSS              | ID        |  25757000000 | PA      | $1655530.98   | 0.09%             | 2032-08-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Mong Duong Finance Holdings B.V.                                                              | MONG DUONG FINANCE HOLDINGS BV 144A 5.125000% 05/07/2029                   | CUSIP: 60935DAA3<br>LEI: 549300995KGQFMWSV879 | Long             | DBT              | NUSS              | VN        |       976836 | PA      | $965720.02    | 0.05%             | 2029-05-07      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/TRY SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-88625.37    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| TANZANIA UNITED REPUBLIC - RETAP                                                              | TANZANIA UNITED REPUBLIC - RETAP 2/6/2032                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              |  | US        |      4218750 | PA      | $4218750.00   | 0.24%             | 2032-02-06      | Floating      | 9.13%                 | No            |                  2 | On Loan: No      |
| Republica del Peru                                                                            | BONOS DE TESORERIA 6.150000% 08/12/2032                                    | CUSIP: N/A<br>LEI: 254900STKLK2DBJJZ530       | Long             | DBT              | NUSS              | PE        |      2000000 | PA      | $638525.34    | 0.04%             | 2032-08-12      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| UZBEKISTAN SUM                                                                                | FX Forward Contract: UZS/USD SETTLE 2026-01-22                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | XX        |            1 | NC      | $29992.92     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| USD P/CLP C                                                                                   | USD P/CLP C EXPIRATION: 01/15/2026                                         | CUSIP: USCLP28N9<br>LEI: N/A                  | N/A              | DFE              |  | US        |     12700000 | NC      | $175789.28    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                                           | NIGERIA OMO BILL ZERO COUPON 04/14/2026                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | NUSS              | NG        |   2120061000 | PA      | $1355997.24   | 0.08%             | 2026-04-14      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/KZT SETTLE 2026-03-30                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-18531.78    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/ZAR SETTLE 2026-03-18                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-1963.65     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/COP SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-39179.56    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| INDONESIA RUPIAH                                                                              | FX Forward Contract: IDR/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | ID        |            1 | NC      | $-617.74      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Kinetics LNG Holdings Limited                                                                 | KINETICS LNG HOLDINGS LTD 144A 9.875000% 11/13/2029                        | CUSIP: G5260JAA3<br>LEI: 25490021IVBADCMVD229 | Long             | DBT              | CORP              | IM        |      2500000 | PA      | $2512106.08   | 0.14%             | 2029-11-13      | Fixed         | 9.88%                 | Yes           |                  2 | On Loan: No      |
| UBS SECURITIES                                                                                | FX Forward Contract: BRL/USD SETTLE 2025-12-11                             | CUSIP: N/A<br>LEI: T6FIZBDPKLYJKFCRVK44       | N/A              | DFE              |  | BR        |            1 | NC      | $3986.88      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: USD/MXN SETTLE 2026-02-09                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | US        |            1 | NC      | $-1163.92     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Republica de El Salvador                                                                      | REPUBLIC OF EL SALVADOR 9.650000% 11/21/2054                               | CUSIP: P01012CH7<br>LEI: 529900AKDMUSFSDOM949 | Long             | DBT              | NUSS              | SV        |       326000 | PA      | $368934.20    | 0.02%             | 2054-11-21      | Fixed         | 9.65%                 | No            |                  2 | On Loan: No      |
| CHINESE YUAN RENMINBI                                                                         | FX Forward Contract: CNY/USD SETTLE 2025-12-08                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | CN        |            1 | NC      | $13011.82     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/THB SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-4411.97     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Services LLC                                                           | BRK - MORGAN STANLEY PAY :  2.8% FIXED                                     | CUSIP: N/A<br>LEI: I7331LVCZKQKX5T7XV54       | N/A              | DIR              |  | XX        |      4600000 | NC      | $299029.85    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/RON SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $79622.34     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Kerajaan Malaysia                                                                             | MALAYSIA GOVERNMENT 3.519000% 04/20/2028                                   | CUSIP: N/A<br>LEI: 254900GSIL471JOBYY43       | Long             | DBT              | NUSS              | MY        |     27256000 | PA      | $6667480.45   | 0.38%             | 2028-04-20      | Fixed         | 3.52%                 | No            |                  2 | On Loan: No      |
| USD P/ZAR C                                                                                   | USD P/ZAR C EXPIRATION: 02/02/2026                                         | CUSIP: USZAP28N4<br>LEI: N/A                  | N/A              | DFE              |  | US        |     13900000 | NC      | $105148.55    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Republic of South Africa                                                                      | REPUBLIC OF SOUTH AFRICA 8.250000% 03/31/2032                              | CUSIP: N/A<br>LEI: 378900AAFB4F17004C49       | Long             | DBT              | NUSS              | ZA        |     36567576 | PA      | $2157897.46   | 0.12%             | 2032-03-31      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/CNY SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $248.05       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: USD/PHP SETTLE 2025-12-01                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | US        |            1 | NC      | $-37289.52    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Pemerintah Republik Indonesia                                                                 | INDONESIA GOVERNMENT 7.125000% 06/15/2043                                  | CUSIP: N/A<br>LEI: 529900FWX0GRR7WG5W79       | Long             | DBT              | NUSS              | ID        |  97504000000 | PA      | $6152909.28   | 0.35%             | 2043-06-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Estados Unidos Mexicanos                                                                      | MEX BONOS DESARR FIX RT 7.750000% 11/13/2042                               | CUSIP: N/A<br>LEI: 254900EGTWEU67VP6075       | Long             | DBT              | NUSS              | MX        |    111813500 | PA      | $5307868.95   | 0.30%             | 2042-11-13      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| HSBC Bank PLC                                                                                 | BRK : HSBC REC : 14.77% FIXED                                              | CUSIP: N/A<br>LEI: MP6I5ZYZBEU3UXPYFY54       | N/A              | DIR              |  | BR        |     20901933 | NC      | $262206.16    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: USD/COP SETTLE 2025-12-10                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | US        |            1 | NC      | $-87168.42    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Pemerintah Republik Indonesia                                                                 | REPUBLIC OF INDONESIA 3.550000% 03/31/2032                                 | CUSIP: 455780DJ2<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |       797000 | PA      | $755038.80    | 0.04%             | 2032-03-31      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| MALAYSIAN RINGGIT                                                                             | FX Forward Contract: MYR/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | MY        |            1 | NC      | $-379.68      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: ZAR/USD SETTLE 2026-02-04                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | ZA        |            1 | NC      | $19989.24     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                                           | NIGERIA OMO BILL ZERO COUPON 01/06/2026                                    | CUSIP: YS4495844<br>LEI: N/A                  | Long             | DBT              | NUSS              | NG        |   7720302000 | PA      | $5213815.42   | 0.30%             | 2026-01-06      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Pemerintah Republik Indonesia                                                                 | INDONESIA GOVERNMENT 7.125000% 08/15/2040                                  | CUSIP: N/A<br>LEI: 529900FWX0GRR7WG5W79       | Long             | DBT              | NUSS              | ID        |  41088000000 | PA      | $2617913.72   | 0.15%             | 2040-08-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/PEN SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-769.90      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: USD/MXN SETTLE 2026-02-09                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | US        |            1 | NC      | $-1172.70     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Kingdom of Thailand                                                                           | THAILAND GOVERNMENT BOND 3.300000% 06/17/2038                              | CUSIP: N/A<br>LEI: 254900PHJ6MSKT6C7026       | Long             | DBT              | NUSS              | TH        |     79242000 | PA      | $2832233.25   | 0.16%             | 2038-06-17      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Standard Chartered Bank                                                                       | REF: MIBOR INDEX BRK: STANDARD CHARTERED BANK                              | CUSIP: N/A<br>LEI: 276345HYMX591FE8F735       | N/A              | DIR              |  | IN        |    695136000 | NC      | $100630.96    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Pemerintah Republik Indonesia                                                                 | INDONESIA GOVERNMENT 8.375000% 04/15/2039                                  | CUSIP: N/A<br>LEI: 529900FWX0GRR7WG5W79       | Long             | DBT              | NUSS              | ID        |  27396000000 | PA      | $1916321.83   | 0.11%             | 2039-04-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| Republic of the Philippines                                                                   | PHILIPPINE GOVERNMENT 6.375000% 07/27/2030                                 | CUSIP: N/A<br>LEI: 529900RAHBALMYIJ3T08       | Long             | DBT              | NUSS              | PH        |    100000000 | PA      | $1757365.50   | 0.10%             | 2030-07-27      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/ZAR SETTLE 2026-02-04                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-38253.98    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BRK-CITI                                                                                      | BRK-CITI REC-13.4043% FIXED                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | BR        |     24500000 | NC      | $57855.53     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Pemerintah Republik Indonesia                                                                 | INDONESIA GOVERNMENT 7.000000% 09/15/2030                                  | CUSIP: N/A<br>LEI: 529900FWX0GRR7WG5W79       | Long             | DBT              | NUSS              | ID        |  40025000000 | PA      | $2511325.43   | 0.14%             | 2030-09-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Gabon Blue Bond Master Trust, Series 2                                                        | GABON BLUE BOND MASTER 6.097000% 08/01/2038                                | CUSIP: U35914AA5<br>LEI: N/A                  | Long             | DBT              | NUSS              | GA        |       300000 | PA      | $308701.58    | 0.02%             | 2038-08-01      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Kerajaan Malaysia                                                                             | MALAYSIA GOVERNMENT 4.457000% 03/31/2053                                   | CUSIP: Y2R35QFJ5<br>LEI: 254900GSIL471JOBYY43 | Long             | DBT              | NUSS              | MY        |      3389000 | PA      | $877917.17    | 0.05%             | 2053-03-31      | Fixed         | 4.46%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: USD/HUF SETTLE 2026-01-12                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | US        |            1 | NC      | $-680.69      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/HUF SETTLE 2026-05-26                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-88029.43    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: MXN/USD SETTLE 2026-02-09                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | MX        |            1 | NC      | $17523.38     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Kerajaan Malaysia                                                                             | MALAYSIA GOVERNMENT 3.582000% 07/15/2032                                   | CUSIP: N/A<br>LEI: 254900GSIL471JOBYY43       | Long             | DBT              | NUSS              | MY        |     21341000 | PA      | $5198011.75   | 0.30%             | 2032-07-15      | Fixed         | 3.58%                 | No            |                  2 | On Loan: No      |
| Republica del Peru                                                                            | REPUBLIC OF PERU 6.200000% 06/30/2055                                      | CUSIP: 715638FD9<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |      1628000 | PA      | $1702399.60   | 0.10%             | 2055-06-30      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| Republica Federativa do Brasil                                                                | FED REPUBLIC OF BRAZIL 7.250000% 01/12/2056                                | CUSIP: 105756CN8<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |      4293000 | PA      | $4277115.90   | 0.24%             | 2056-01-12      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                                                                      | Credit Default Swap                                                        | CUSIP: CDS288CP8<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DCR              |  | US        |      6400000 | NC      | $-9189.66     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Gobierno de la Republica Dominicana                                                           | DOMINICAN REPUBLIC 6.950000% 03/15/2037                                    | CUSIP: P3579ECW5<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |      6457000 | PA      | $6874122.20   | 0.39%             | 2037-03-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| Turkiye Cumhuriyeti                                                                           | TURKIYE GOVERNMENT BOND 27.700000% 09/27/2034                              | CUSIP: N/A<br>LEI: 5493000PCHOG3B6S3Q85       | Long             | DBT              | NUSS              | TR        |        19000 | PA      | $419.29       | 0.00%             | 2034-09-27      | Fixed         | 27.70%                | No            |                  2 | On Loan: No      |
| Estados Unidos Mexicanos                                                                      | MEX BONOS DESARR FIX RT 8.000000% 07/31/2053                               | CUSIP: N/A<br>LEI: 254900EGTWEU67VP6075       | Long             | DBT              | NUSS              | MX        |    190000000 | PA      | $9043599.75   | 0.51%             | 2053-07-31      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/ZAR SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-26.47       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| TURK TELEKOMUNIKASYON ANONIM SIRKETI                                                          | TURK TELEKOMUNIKASYON AS 144A 6.950000% 10/07/2032                         | CUSIP: 90011QAE0<br>LEI: 789000A2TXOI10JZLF90 | Long             | DBT              | NUSS              | TR        |      2869000 | PA      | $2912067.36   | 0.17%             | 2032-10-07      | Fixed         | 6.95%                 | Yes           |                  2 | On Loan: No      |
| Arab Republic of Egypt                                                                        | ARAB REPUBLIC OF EGYPT 8.500000% 01/31/2047                                | CUSIP: N/A<br>LEI: 529900GFIVH4086NMH82       | Long             | DBT              | NUSS              | EG        |      5180000 | PA      | $4827676.34   | 0.27%             | 2047-01-31      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Rzeczpospolita Polska                                                                         | POLAND GOVERNMENT BOND 5.000000% 10/25/2034                                | CUSIP: N/A<br>LEI: 259400R9L8QEP0TPXS31       | Long             | DBT              | NUSS              | PL        |     16036000 | PA      | $4387828.74   | 0.25%             | 2034-10-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VEB FINANCE PUBLIC LIMITED COMPANY                                                            | VNESHECONOMBANK VIA VEB FINANCE PLC 144A 6.800000% 11/22/2025              | CUSIP: 91821XAD5<br>LEI: 635400KYY8E2NCZXJ191 | Long             | DBT              | NUSS              | RU        |       600000 | PA      | $30000.00     | 0.00%             | 2025-12-31      | Fixed         | 6.80%                 | Yes           |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/HUF SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-22610.96    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/IDR SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $2079.30      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| USD P/INR C                                                                                   | USD P/INR C EXPIRATION: 01/30/2026                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |     12500000 | NC      | $9528.81      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: EUR/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | XX        |            1 | NC      | $-2600.38     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/BRL SETTLE 2025-12-02                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $1870.63      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                                           | NIGERIA OMO BILL ZERO COUPON 12/02/2025                                    | CUSIP: YT8242265<br>LEI: N/A                  | Long             | DBT              | NUSS              | NG        |   4531685000 | PA      | $3128726.23   | 0.18%             | 2025-12-02      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| MEXICAN PESO                                                                                  | FX Forward Contract: MXN/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | MX        |            1 | NC      | $13230.52     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Kerajaan Malaysia                                                                             | MALAYSIA GOVERNMENT 3.906000% 07/15/2026                                   | CUSIP: N/A<br>LEI: 254900GSIL471JOBYY43       | Long             | DBT              | NUSS              | MY        |      6100000 | PA      | $1486036.36   | 0.08%             | 2026-07-15      | Fixed         | 3.91%                 | No            |                  2 | On Loan: No      |
| AZERBAIJAN MANAT                                                                              | FX Forward Contract: AZN/USD SETTLE 2026-06-03                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | AZ        |            1 | NC      | $13415.54     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Kerajaan Malaysia                                                                             | MALAYSIA GOVERNMENT 3.582000% 07/15/2032                                   | CUSIP: N/A<br>LEI: 254900GSIL471JOBYY43       | Long             | DBT              | NUSS              | MY        |      8463000 | PA      | $2061326.72   | 0.12%             | 2032-07-15      | Fixed         | 3.58%                 | No            |                  2 | On Loan: No      |
| REF:                                                                                          | Credit Default Swap                                                        | CUSIP: CDS288VJ9<br>LEI: N/A                  | N/A              | DCR              |  | US        |      3000000 | NC      | $-5814.43     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MEXICAN PESO                                                                                  | FX Forward Contract: MXN/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | MX        |            1 | NC      | $5839.56      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Arab Republic of Egypt                                                                        | EGYPT TREASURY BILL ZERO COUPON 12/16/2025                                 | CUSIP: YT9362948<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |     74250000 | PA      | $1541230.83   | 0.09%             | 2025-12-16      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Compania General de Combustibles S.A.                                                         | CIA GENERAL DE COMBUSTIBLES SA 144A 11.875000% 11/28/2030                  | CUSIP: 20448QAC4<br>LEI: 529900ZYULFIPN299C35 | Long             | DBT              | NUSS              | AR        |       776000 | PA      | $772430.40    | 0.04%             | 2030-11-28      | Fixed         | 11.88%                | Yes           |                  2 | On Loan: No      |
| HSBC Bank PLC                                                                                 | BRK : HSBC REC : 5.85% FIXED                                               | CUSIP: N/A<br>LEI: MP6I5ZYZBEU3UXPYFY54       | N/A              | DIR              |  | HU        |   1100000000 | NC      | $-39512.87    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                                                                      | Credit Default Swap                                                        | CUSIP: CDS288092<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DCR              |  | US        |     19600000 | NC      | $189977.33    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                                                                       | REF: THOR INDEX BRK: GOLDMAN SACHS                                         | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DIR              |  | TH        |    277700000 | NC      | $217067.15    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Republique Gabonaise                                                                          | REPUBLIC OF GABON 7.000000% 11/24/2031                                     | CUSIP: N/A<br>LEI: 213800XA7X746GRPXA35       | Long             | DBT              | NUSS              | GA        |      1096000 | PA      | $816921.06    | 0.05%             | 2031-11-24      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Kingdom of Saudi Arabia                                                                       | SAUDI GOVERNMENT INTERNATIONAL BOND MTN 4.750000% 01/16/2030               | CUSIP: N/A<br>LEI: 635400FMICXSM3SI3H65       | Long             | DBT              | NUSS              | SA        |      9759000 | PA      | $9947594.63   | 0.57%             | 2030-01-16      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| EGYPTIAN POUND                                                                                | FX Forward Contract: EGP/USD SETTLE 2026-03-18                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | EG        |            1 | NC      | $820.82       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Kerajaan Malaysia                                                                             | MALAYSIA GOVERNMENT 3.502000% 05/31/2027                                   | CUSIP: N/A<br>LEI: 254900GSIL471JOBYY43       | Long             | DBT              | NUSS              | MY        |     13158000 | PA      | $3209384.38   | 0.18%             | 2027-05-31      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MALAYSIAN RINGGIT                                                                             | FX Forward Contract: MYR/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | MY        |            1 | NC      | $23114.17     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS SECURITIES                                                                                | FX Forward Contract: BRL/USD SETTLE 2025-12-11                             | CUSIP: N/A<br>LEI: T6FIZBDPKLYJKFCRVK44       | N/A              | DFE              |  | BR        |            1 | NC      | $7086.86      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                                                                      | US 5YR NOTE (CBT) MAR26 FINANCIAL COMMODITY FUTURE.                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |          -84 | NC      | $-9220312.50  | -0.52%            |  |  |  | No            |                  1 | On Loan: No      |
| Republic of South Africa                                                                      | REPUBLIC OF SOUTH AFRICA 4.300000% 10/12/2028                              | CUSIP: 836205AU8<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |      2223000 | PA      | $2211395.94   | 0.13%             | 2028-10-12      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Federal Republic of Nigeria                                                                   | NIGERIA OMO BILL ZERO COUPON 12/09/2025                                    | CUSIP: N/A<br>LEI: 549300GSBZD84TNEQ285       | Long             | DBT              | NUSS              | NG        |   4900000000 | PA      | $3369958.90   | 0.19%             | 2025-12-09      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Yinson Bergenia Production B.V.                                                               | YINSON BERGENIA PRODUCTION BV 144A 8.498000% 01/31/2045                    | CUSIP: 98585VAA6<br>LEI: 549300JDIAWKPMZD5256 | Long             | DBT              | NUSS              | BR        |       600000 | PA      | $629297.41    | 0.04%             | 2045-01-31      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Petroleos Mexicanos                                                                           | PETROLEOS MEXICANOS 7.690000% 01/23/2050                                   | CUSIP: 71654QDD1<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | NUSS              | MX        |     19660000 | PA      | $17547998.94  | 1.00%             | 2050-01-23      | Fixed         | 7.69%                 | No            |                  2 | On Loan: No      |
| Republique de Cote d'Ivoire                                                                   | IVORY COAST 6.625000% 03/22/2048                                           | CUSIP: N/A<br>LEI: 254900ICW11T82O6H590       | Long             | DBT              | NUSS              | CI        |      3141000 | PA      | $3213558.64   | 0.18%             | 2048-03-22      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| USD P/PLN C                                                                                   | USD P/PLN C EXPIRATION: 01/07/2026                                         | CUSIP: USPLP28E4<br>LEI: N/A                  | N/A              | DFE              |  | US        |     12800000 | NC      | $24969.15     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: ZAR/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | ZA        |            1 | NC      | $1873.47      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Corporacion Nacional del Cobre de Chile                                                       | CORP NACIONAL DEL COBRE DE CHILE 6.780000% 01/13/2055                      | CUSIP: P3143NBW3<br>LEI: 549300UVMBCBCIPSUI70 | Long             | DBT              | NUSS              | CL        |      3598000 | PA      | $3879723.40   | 0.22%             | 2055-01-13      | Fixed         | 6.78%                 | No            |                  2 | On Loan: No      |
| Republic of Ukraine                                                                           | UKRAINE GOVERNMENT INTERNATIONAL BOND 144A 0.000000% 02/01/2035            | CUSIP: 903724CF7<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |       803179 | PA      | $453921.53    | 0.03%             | 2035-02-01      | Fixed         | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Kerajaan Malaysia                                                                             | MALAYSIA INVESTMNT ISSUE 4.119000% 11/30/2034                              | CUSIP: N/A<br>LEI: 254900GSIL471JOBYY43       | Long             | DBT              | NUSS              | MY        |      5418000 | PA      | $1369449.51   | 0.08%             | 2034-11-30      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Turkiye Cumhuriyeti                                                                           | TURKIYE GOVERNMENT BOND 26.200000% 10/05/2033                              | CUSIP: N/A<br>LEI: 5493000PCHOG3B6S3Q85       | Long             | DBT              | NUSS              | TR        |    330146000 | PA      | $7028782.50   | 0.40%             | 2033-10-05      | Fixed         | 26.20%                | No            |                  2 | On Loan: No      |
| Republica de Panama                                                                           | REPUBLIC OF PANAMA 3.875000% 03/17/2028                                    | CUSIP: 698299BF0<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |      1816000 | PA      | $1779861.60   | 0.10%             | 2028-03-17      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| EGYPTIAN POUND                                                                                | FX Forward Contract: EGP/USD SETTLE 2026-03-18                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | EG        |            1 | NC      | $-2260.25     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Republic of Ukraine                                                                           | UKRAINE GOVERNMENT 4.500000% 02/01/2029                                    | CUSIP: N/A<br>LEI: 6354001WLTJXOMEXPY07       | Long             | DBT              | NUSS              | UA        |       243733 | PA      | $175404.68    | 0.01%             | 2029-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/THB SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-1426.08     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: ZAR/USD SETTLE 2026-02-04                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | ZA        |            1 | NC      | $12186.50     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/MXN SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-683.89      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank PLC                                                                                 | BRK- HSBC REC- 5.701                                                       | CUSIP: N/A<br>LEI: MP6I5ZYZBEU3UXPYFY54       | N/A              | DIR              |  | IN        |    758000000 | NC      | $-8589.03     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: ZAR/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | ZA        |            1 | NC      | $6501.82      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Republica Oriental del Uruguay                                                                | REPUBLICA ORIENT URUGUAY 5.442000% 02/14/2037                              | CUSIP: 760942BH4<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |      1246584 | PA      | $1300810.40   | 0.07%             | 2037-02-14      | Fixed         | 5.44%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/BRL SETTLE 2025-12-02                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-290313.98   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: USD/PEN SETTLE 2025-12-12                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | US        |            1 | NC      | $-31522.51    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BRK- DEUTSCHE BANK SECURITIES, INC.                                                           | BRK- DEUTSCHE BANK SECURITIES, INC. REC- 3M BA                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | ZA        |     11800000 | NC      | $-13909.70    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Pearl Petroleum Company Ltd.                                                                  | PEARL PETROLEUM CO LTD 144A 13.000000% 05/15/2028                          | CUSIP: G6959VAA0<br>LEI: 549300B6RHQICWQ2OB93 | Long             | DBT              | CORP              | AE        |      1300000 | PA      | $1413972.69   | 0.08%             | 2028-05-15      | Fixed         | 13.00%                | Yes           |                  2 | On Loan: No      |
| Republic of South Africa                                                                      | REPUBLIC OF SOUTH AFRICA 9.000000% 01/31/2040                              | CUSIP: N/A<br>LEI: 378900AAFB4F17004C49       | Long             | DBT              | NUSS              | ZA        |    185000000 | PA      | $10578737.35  | 0.60%             | 2040-01-31      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: USD/INR SETTLE 2025-12-16                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | US        |            1 | NC      | $63122.07     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/KZT SETTLE 2026-03-30                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-30677.87    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| THAILAND BAHT                                                                                 | FX Forward Contract: THB/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | TH        |            1 | NC      | $1080.91      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Gobierno de la Republica Dominicana                                                           | DOMINICAN REPUBLIC 5.300000% 01/21/2041                                    | CUSIP: P3579ECJ4<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |      6250000 | PA      | $5597312.50   | 0.32%             | 2041-01-21      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| TURKISH LIRA                                                                                  | FX Forward Contract: TRY/USD SETTLE 2025-12-03                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | TR        |            1 | NC      | $26043.60     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CITIGROUP GLOBAL MARKETS INC.                                                                 | REF: EURIBOR INDEX BRK: CITIGROUP                                          | CUSIP: N/A<br>LEI: 6SHGI4ZSSLCXXQSBB395       | N/A              | DIR              |  | XX        |      7600000 | NC      | $369317.19    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| ROMANIAN LEU                                                                                  | FX Forward Contract: KZT/USD SETTLE 2026-11-12                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | RO        |            1 | NC      | $49007.97     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Turkiye Cumhuriyeti                                                                           | TURKIYE GOVERNMENT BOND 41.000000% 05/05/2027                              | CUSIP: N/A<br>LEI: 5493000PCHOG3B6S3Q85       | Long             | DBT              | NUSS              | TR        |    100000000 | PA      | $2484021.59   | 0.14%             | 2027-05-05      | Fixed         | 41.00%                | No            |                  2 | On Loan: No      |
| HSBC Bank N.A.                                                                                | REF: CETIP INDEX BRK: HSBC                                                 | CUSIP: N/A<br>LEI: CYYGQCGNHMHPSMRL3R97       | N/A              | DIR              |  | BR        |     32300000 | NC      | $522940.04    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| ADANI GREEN ENERGY (UP) LIMITED                                                               | ADANI GREEN ENERGY UP LTD / PRAYATNA DEVELOPERS PV 6.700000% 03/12/2042    | CUSIP: N/A<br>LEI: 335800NT8W2YDE1C2270       | Long             | DBT              | NUSS              | IN        |      3419571 | PA      | $3319229.30   | 0.19%             | 2042-03-12      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| Gobierno de la Republica Dominicana                                                           | DOMINICAN REPUBLIC 10.750000% 06/01/2036                                   | CUSIP: N/A<br>LEI: 254900EHU7Q8FGVPI369       | Long             | DBT              | NUSS              | DO        |     55600000 | PA      | $959386.48    | 0.05%             | 2036-06-01      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| ROMANIAN LEU                                                                                  | FX Forward Contract: KZT/USD SETTLE 2026-03-30                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | RO        |            1 | NC      | $73036.25     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Federal Republic of Nigeria                                                                   | NIGERIA OMO BILL ZERO COUPON 03/17/2026                                    | CUSIP: N/A<br>LEI: 549300GSBZD84TNEQ285       | Long             | DBT              | NUSS              | NG        |   2529939000 | PA      | $1643137.27   | 0.09%             | 2026-03-17      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| The Commonwealth of The Bahamas                                                               | BAHAMAS GOVERNMENT INTERNATIONAL BOND 144A 8.250000% 06/24/2036            | CUSIP: 056732AP5<br>LEI: 549300W13SXC7EKNJC20 | Long             | DBT              | NUSS              | BS        |      1890000 | PA      | $2053522.80   | 0.12%             | 2036-06-24      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/PEN SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-188819.39   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/EUR SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $20266.00     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/KZT SETTLE 2026-01-26                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-19612.43    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Romania                                                                                       | ROMANIA 6.625000% 05/16/2036                                               | CUSIP: X73648AA9<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |       920000 | PA      | $949434.03    | 0.05%             | 2036-05-16      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Sultanate of Oman                                                                             | OMAN GOV INTERNTL BOND 6.750000% 10/28/2027                                | CUSIP: N/A<br>LEI: 549300SZ20F0QTKNQC75       | Long             | DBT              | NUSS              | OM        |       632000 | PA      | $657124.62    | 0.04%             | 2027-10-28      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Republica de Guatemala                                                                        | REPUBLIC OF GUATEMALA 4.875000% 02/13/2028                                 | CUSIP: P5015VAE6<br>LEI: 529900QKDFFU9UWW5315 | Long             | DBT              | NUSS              | GT        |      3164000 | PA      | $3152926.00   | 0.18%             | 2028-02-13      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/EUR SETTLE 2026-01-14                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-249.80      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Rzeczpospolita Polska                                                                         | POLAND GOVERNMENT BOND 1.750000% 04/25/2032                                | CUSIP: N/A<br>LEI: 259400R9L8QEP0TPXS31       | Long             | DBT              | NUSS              | PL        |     50000000 | PA      | $11486085.39  | 0.65%             | 2032-04-25      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Kerajaan Malaysia                                                                             | MALAYSIA GOVERNMENT 4.642000% 11/07/2033                                   | CUSIP: N/A<br>LEI: 254900GSIL471JOBYY43       | Long             | DBT              | NUSS              | MY        |     13851000 | PA      | $3620369.25   | 0.21%             | 2033-11-07      | Fixed         | 4.64%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: ZAR/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | ZA        |            1 | NC      | $-28457.61    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: COP/USD SETTLE 2025-12-10                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | CO        |            1 | NC      | $991.56       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UNITED REPUBLIC OF TANZANIA                                                                   | UNITED REPUBLIC OF TANZANIA 4/28/2031                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              |  | US        |       480000 | PA      | $477735.40    | 0.03%             | 2031-04-28      | Floating      | 9.13%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: USD/CNY SETTLE 2025-12-08                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | US        |            1 | NC      | $-933.14      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/MXN SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-16559.33    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| EGYPTIAN POUND                                                                                | FX Forward Contract: EGP/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | EG        |            1 | NC      | $48130.41     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/MXN SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-3214.06     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ROMANIAN LEU                                                                                  | FX Forward Contract: RON/USD SETTLE 2025-12-03                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | RO        |            1 | NC      | $1625.88      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: USD/IDR SETTLE 2025-12-10                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | US        |            1 | NC      | $-631.70      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| INDIA RUPEE                                                                                   | FX Forward Contract: INR/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | IN        |            1 | NC      | $-23301.56    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: ZAR/USD SETTLE 2026-02-04                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | ZA        |            1 | NC      | $1544.83      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Republic of Lebanon                                                                           | LEBANESE REPUBLIC 8.200000% 05/17/2033                                     | CUSIP: N/A<br>LEI: 529900QPC4K9S1KHL354       | Long             | DBT              | NUSS              | LB        |      6282000 | PA      | $1357894.88   | 0.08%             | 2033-05-17      | Fixed         | 8.20%                 | No            |                  2 | On Loan: No      |
| Republica Oriental del Uruguay                                                                | REPUBLICA ORIENT URUGUAY 5.250000% 09/10/2060                              | CUSIP: 760942BG6<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |       700000 | PA      | $663950.00    | 0.04%             | 2060-09-10      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pemerintah Republik Indonesia                                                                 | INDONESIA GOVERNMENT 7.125000% 06/15/2038                                  | CUSIP: N/A<br>LEI: 529900FWX0GRR7WG5W79       | Long             | DBT              | NUSS              | ID        |  90416000000 | PA      | $5743628.22   | 0.33%             | 2038-06-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| USD P/INR C                                                                                   | USD P/INR C EXPIRATION: 01/09/2026                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |     12500000 | NC      | $14161.07     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Republic of Ukraine                                                                           | UKRAINE GOVERNMENT 0.000000% 02/01/2035                                    | CUSIP: N/A<br>LEI: 6354001WLTJXOMEXPY07       | Long             | DBT              | NUSS              | UA        |      6365000 | PA      | $3597218.70   | 0.20%             | 2035-02-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE                                                                              | REF: WIBOR INDEX BRK: SOCIETE GENERALE                                     | CUSIP: N/A<br>LEI: O2RNE8IBXP4R0TD8PU41       | N/A              | DIR              |  | PL        |     12614304 | NC      | $33268.38     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco Central de la Republica Dominicana                                                      | DOMINICAN REPUBLIC CENTRAL BANK NOTES 144A 13.000000% 01/30/2026           | CUSIP: 25714PEU8<br>LEI: 549300DTVR57NON7XL66 | Long             | DBT              | NUSS              | DO        |     46000000 | PA      | $738664.93    | 0.04%             | 2026-01-30      | Fixed         | 13.00%                | Yes           |                  2 | On Loan: No      |
| Kerajaan Malaysia                                                                             | MALAYSIA GOVERNMENT 3.757000% 05/22/2040                                   | CUSIP: N/A<br>LEI: 254900GSIL471JOBYY43       | Long             | DBT              | NUSS              | MY        |     16000000 | PA      | $3875333.23   | 0.22%             | 2040-05-22      | Fixed         | 3.76%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: USD/CNY SETTLE 2025-12-08                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | US        |            1 | NC      | $873.97       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Republica de Panama                                                                           | REPUBLIC OF PANAMA 8.125000% 04/28/2034                                    | CUSIP: 698299AT1<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |      1262000 | PA      | $1444990.00   | 0.08%             | 2034-04-28      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| EDO Sukuk Limited                                                                             | EDO SUKUK LTD 5.662000% 07/03/2031                                         | CUSIP: N/A<br>LEI: 5493000LZIE4T625R469       | Long             | DBT              | NUSS              | OM        |      3499000 | PA      | $3662851.17   | 0.21%             | 2031-07-03      | Fixed         | 5.66%                 | No            |                  2 | On Loan: No      |
| Republic of South Africa                                                                      | REPUBLIC OF SOUTH AFRICA 6.500000% 02/28/2041                              | CUSIP: N/A<br>LEI: 378900AAFB4F17004C49       | Long             | DBT              | NUSS              | ZA        |     35633881 | PA      | $1614770.28   | 0.09%             | 2041-02-28      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/HUF SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-14140.92    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Republic of India                                                                             | INDIA GOVERNMENT BOND 7.180000% 07/24/2037                                 | CUSIP: N/A<br>LEI: 335800IV7VCDQGIOI391       | Long             | DBT              | NUSS              | IN        |    421610000 | PA      | $4833925.57   | 0.27%             | 2037-07-24      | Fixed         | 7.18%                 | No            |                  2 | On Loan: No      |
| EXPORT-IMPORT BANK OF INDIA                                                                   | EXPORT-IMPORT BANK OF INDIA MTN 2.250000% 01/13/2031                       | CUSIP: 30216KAF9<br>LEI: 335800OFZ8YEIVN1QI11 | Long             | DBT              | NUSS              | IN        |      3104000 | PA      | $2807159.02   | 0.16%             | 2031-01-13      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Republica Argentina                                                                           | REPUBLIC OF ARGENTINA 4.250000% 01/09/2038                                 | CUSIP: N/A<br>LEI: 549300KPBYGYF7HCHO27       | Long             | DBT              | NUSS              | AR        |       730000 | PA      | $601777.38    | 0.03%             | 2038-01-09      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Republic of Kazakhstan                                                                        | KAZAKH GOV BOND - MEUKAM 14.000000% 02/13/2035                             | CUSIP: YR7244837<br>LEI: 5493007OEK8EF02UO833 | Long             | DBT              | NUSS              | KZ        |   2015000000 | PA      | $3347054.58   | 0.19%             | 2035-02-13      | Fixed         | 14.00%                | No            |                  2 | On Loan: No      |
| TURKIYE CUMHURIYETI ZIRAAT BANKASI ANONIM SIRKETI                                             | TC ZIRAAT BANKASI AS 144A 7.250000% 02/04/2030                             | CUSIP: 90014TAM3<br>LEI: 213800K5KTZFSUS8MR51 | Long             | DBT              | NUSS              | TR        |      2491000 | PA      | $2577521.27   | 0.15%             | 2030-02-04      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: BRL/USD SETTLE 2025-12-02                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | BR        |            1 | NC      | $225125.15    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE BANK N.A.                                                                     | BRK : J P MORGAN CHASE BANK REC : 5.885% FIXED                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DIR              |  | HU        |   2600000000 | NC      | $-86468.28    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| The Commonwealth of The Bahamas                                                               | COMMONWEALTH OF BAHAMAS 9.000000% 06/16/2029                               | CUSIP: P06518AJ6<br>LEI: 549300W13SXC7EKNJC20 | Long             | DBT              | NUSS              | BS        |      4050000 | PA      | $4347675.00   | 0.25%             | 2029-06-16      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Republic of India                                                                             | INDIA GOVERNMENT BOND 6.480000% 10/06/2035                                 | CUSIP: N/A<br>LEI: 335800IV7VCDQGIOI391       | Long             | DBT              | NUSS              | IN        |    325740000 | PA      | $3643874.27   | 0.21%             | 2035-10-06      | Fixed         | 6.48%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/ZAR SETTLE 2026-02-04                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-140194.91   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Republic of Kenya                                                                             | REPUBLIC OF KENYA 7.000000% 05/22/2027                                     | CUSIP: N/A<br>LEI: 549300VVURQQYU45PR87       | Long             | DBT              | NUSS              | KE        |       733333 | PA      | $745027.68    | 0.04%             | 2027-05-22      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Republic of South Africa                                                                      | REPUBLIC OF SOUTH AFRICA 7.100000% 11/19/2036                              | CUSIP: N/A<br>LEI: 378900AAFB4F17004C49       | Long             | DBT              | NUSS              | ZA        |      7229000 | PA      | $7775748.50   | 0.44%             | 2036-11-19      | Fixed         | 7.10%                 | No            |                  2 | On Loan: No      |
| ROMANIAN LEU                                                                                  | FX Forward Contract: KZT/USD SETTLE 2026-03-30                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | RO        |            1 | NC      | $29211.33     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Turkiye Cumhuriyeti                                                                           | REPUBLIC OF TURKIYE 9.875000% 01/15/2028                                   | CUSIP: 900123DF4<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |      3520000 | PA      | $3881097.93   | 0.22%             | 2028-01-15      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| CHINESE YUAN RENMINBI                                                                         | FX Forward Contract: CNY/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | CN        |            1 | NC      | $16385.69     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                                           | EGYPT TREASURY BILL ZERO COUPON 04/28/2026                                 | CUSIP: YP8953752<br>LEI: N/A                  | Long             | DBT              | NUSS              | EG        |    111800000 | PA      | $2122173.41   | 0.12%             | 2026-04-28      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Republic of Uzbekistan                                                                        | REPUBLIC OF UZBEKISTAN 3.900000% 10/19/2031                                | CUSIP: N/A<br>LEI: 213800L6VDKUM3TCM927       | Long             | DBT              | NUSS              | UZ        |      2591000 | PA      | $2379799.43   | 0.14%             | 2031-10-19      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Empresa Nacional del Petroleo                                                                 | EMPRESA NACIONAL DEL PETROLEO 6.150000% 05/10/2033                         | CUSIP: P37110AS5<br>LEI: 549300YP3P0JZBLIV197 | Long             | DBT              | NUSS              | CL        |      2318000 | PA      | $2448526.58   | 0.14%             | 2033-05-10      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| Republic of the Philippines                                                                   | REPUBLIC OF PHILIPPINES 2.650000% 12/10/2045                               | CUSIP: 718286CL9<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |      1666000 | PA      | $1115436.80   | 0.06%             | 2045-12-10      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/EUR SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $29293.68     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/EUR SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $155048.33    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Kingdom of Thailand                                                                           | THAILAND GOVERNMENT BOND 2.000000% 06/17/2042                              | CUSIP: N/A<br>LEI: 254900PHJ6MSKT6C7026       | Long             | DBT              | NUSS              | TH        |     76757000 | PA      | $2311771.07   | 0.13%             | 2042-06-17      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| NCB FINANCIAL GROUP LIMITED                                                                   | NCB FINANCIAL GROUP LTD 144A 11.000000% 07/31/2030                         | CUSIP: 639935AA3<br>LEI: N/A                  | Long             | DBT              | NUSS              | JM        |      3800000 | PA      | $3829575.98   | 0.22%             | 2030-07-31      | Fixed         | 11.00%                | Yes           |                  2 | On Loan: No      |
| JP MORGAN CHASE BANK N.A.                                                                     | REF: CNRR07 INDEX BRK: JP MORGAN                                           | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DIR              |  | CN        |    130727000 | NC      | $-108214.58   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| CZECH REPUBLIC KORUNA                                                                         | FX Forward Contract: CZK/USD SETTLE 2025-12-02                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | CZ        |            1 | NC      | $182904.58    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Republic of Zambia                                                                            | REPUBLIC OF ZAMBIA 0.500000% 12/31/2053                                    | CUSIP: V7179UMK2<br>LEI: 213800DMLAZ6LGMMD849 | Long             | DBT              | NUSS              | ZM        |      1296185 | PA      | $889319.41    | 0.05%             | 2053-12-31      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| INTERNATIONAL FINANCE CORPORATION                                                             | INTERNATIONAL FINANCE CORP MTN ZERO COUPON 08/16/2028                      | CUSIP: U4R8434C3<br>LEI: QKL54NQY28TCDAI75F60 | Long             | DBT              | NUSS              | XX        |  23400000000 | PA      | $4703552.86   | 0.27%             | 2028-08-16      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Bank of America                                                                               | BRK : BANK OF AMERICA REC : 3.3003% FIXED                                  | CUSIP: N/A<br>LEI: B4TYDEB6GKMZO031MB27       | N/A              | DIR              |  | US        |      6842000 | NC      | $-1376.00     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/COP SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-80754.69    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ADANI RENEWABLE ENERGY (RJ) LIMITED                                                           | ADANI RENEWABLE ENERGY RJ LTD/KODANGAL SOLAR PARKS 4.625000% 10/15/2039    | CUSIP: N/A<br>LEI: 335800DKCLYHG21PBG55       | Long             | DBT              | NUSS              | IN        |      1067625 | PA      | $906913.56    | 0.05%             | 2039-10-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| PETROBRAS GLOBAL FINANCE B.V.                                                                 | PETROBRAS GLOBAL FINANCE BV 6.250000% 01/10/2036                           | CUSIP: 71647NBN8<br>LEI: 549300FNENFFSMO3GT38 | Long             | DBT              | NUSS              | BR        |       376000 | PA      | $369138.00    | 0.02%             | 2036-01-10      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Mazoon Assets Company SAOC                                                                    | MAZOON ASSETS CO SAOC 144A 5.250000% 10/09/2031                            | CUSIP: 57886LAD4<br>LEI: 6354003TDIRN5Y6LJP91 | Long             | DBT              | NUSS              | OM        |      1101000 | PA      | $1123020.00   | 0.06%             | 2031-10-09      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Republic of Ghana                                                                             | REPUBLIC OF GHANA ZERO COUPON 07/03/2026                                   | CUSIP: N/A<br>LEI: 213800PP4399SNNXZ126       | Long             | DBT              | NUSS              | GH        |      1872397 | PA      | $1834639.92   | 0.10%             | 2026-07-03      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Republika Srbija                                                                              | REPUBLIC OF SERBIA 6.000000% 06/12/2034                                    | CUSIP: N/A<br>LEI: 254900W94OCY91V32O78       | Long             | DBT              | NUSS              | RS        |      1304000 | PA      | $1356063.44   | 0.08%             | 2034-06-12      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/ILS SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-120227.15   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Petroleos de Venezuela, S.A.                                                                  | PETROLEOS DE VENEZUELA SA VARIABLE RATE 04/12/2027                         | CUSIP: N/A<br>LEI: 549300YWR8TN1OFD4P06       | Long             | DBT              | NUSS              | VE        |      8112500 | PA      | $1987562.50   | 0.11%             | 2027-04-12      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Republica de Guatemala                                                                        | REPUBLIC OF GUATEMALA 6.125000% 06/01/2050                                 | CUSIP: P5015VAJ5<br>LEI: 529900QKDFFU9UWW5315 | Long             | DBT              | NUSS              | GT        |      3282000 | PA      | $3183540.00   | 0.18%             | 2050-06-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| OQ SAOC                                                                                       | OQ SAOC MTN 5.125000% 05/06/2028                                           | CUSIP: N/A<br>LEI: 549300YK417GKI6EQ392       | Long             | DBT              | NUSS              | OM        |       808000 | PA      | $814868.00    | 0.05%             | 2028-05-06      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| BARCLAYS CAPITAL INC.                                                                         | FX Forward Contract: PEN/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 213800IQAOC5HG62T347       | N/A              | DFE              |  | PE        |            1 | NC      | $18585.46     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Republic of India                                                                             | INDIA GOVERNMENT BOND 7.360000% 09/12/2052                                 | CUSIP: N/A<br>LEI: 335800IV7VCDQGIOI391       | Long             | DBT              | NUSS              | IN        |    340000000 | PA      | $3812720.98   | 0.22%             | 2052-09-12      | Fixed         | 7.36%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/ZAR SETTLE 2026-02-04                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-1571.15     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Gobierno de la Republica Dominicana                                                           | DOMINICAN REPUBLIC 11.250000% 09/15/2035                                   | CUSIP: P3579ECS4<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |      8000000 | PA      | $141425.83    | 0.01%             | 2035-09-15      | Fixed         | 11.25%                | No            |                  2 | On Loan: No      |
| Pluspetrol S.A.                                                                               | PLUSPETROL SA 144A 8.125000% 05/18/2031                                    | CUSIP: 72942BAB1<br>LEI: 254900QSCHBUBX6J6H71 | Long             | DBT              | NUSS              | AR        |       649000 | PA      | $640108.70    | 0.04%             | 2031-05-18      | Fixed         | 8.12%                 | Yes           |                  2 | On Loan: No      |
| Republic of Kazakhstan                                                                        | KAZAKH GOV BOND - MEUKAM 10.400000% 05/19/2027                             | CUSIP: BP5385029<br>LEI: 5493007OEK8EF02UO833 | Long             | DBT              | NUSS              | KZ        |    435000000 | PA      | $765883.27    | 0.04%             | 2027-05-19      | Fixed         | 10.40%                | No            |                  2 | On Loan: No      |
| Republika Srbija                                                                              | REPUBLIC OF SERBIA 2.125000% 12/01/2030                                    | CUSIP: N/A<br>LEI: 254900W94OCY91V32O78       | Long             | DBT              | NUSS              | RS        |      1253000 | PA      | $1093419.40   | 0.06%             | 2030-12-01      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/COP SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $8214.76      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/IDR SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-24447.07    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/THB SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-6472.36     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Rzeczpospolita Polska                                                                         | POLAND GOVERNMENT BOND 5.000000% 10/25/2035                                | CUSIP: N/A<br>LEI: 259400R9L8QEP0TPXS31       | Long             | DBT              | NUSS              | PL        |     14984000 | PA      | $4069485.88   | 0.23%             | 2035-10-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Republique du Senegal                                                                         | REPUBLIC OF SENEGAL 4.750000% 03/13/2028                                   | CUSIP: N/A<br>LEI: 549300NP14ZLQGWIUZ97       | Long             | DBT              | NUSS              | SN        |       850000 | PA      | $727350.10    | 0.04%             | 2028-03-13      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE BANK N.A.                                                                     | REF: MIBOR INDEX BRK: JP MORGAN                                            | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DIR              |  | IN        |   1600000000 | NC      | $259634.57    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Republica del Ecuador                                                                         | REPUBLIC OF ECUADOR ZERO COUPON 07/31/2030                                 | CUSIP: N/A<br>LEI: 5299003Y2U5XK0A35H71       | Long             | DBT              | NUSS              | EC        |       417236 | PA      | $352564.42    | 0.02%             | 2030-07-31      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| KHAZANAH GLOBAL SUKUK BERHAD                                                                  | KHAZANAH GLOBAL SUKUK BHD MTN 4.687000% 06/01/2028                         | CUSIP: N/A<br>LEI: 213800VIN16ILYRCKD86       | Long             | DBT              | NUSS              | MY        |       574000 | PA      | $582690.54    | 0.03%             | 2028-06-01      | Fixed         | 4.69%                 | No            |                  2 | On Loan: No      |
| Joint-Stock Cornpany Uzbekneftegaz                                                            | UZBEKNEFTEGAZ JSC 8.750000% 05/07/2030                                     | CUSIP: N/A<br>LEI: 213800LUZJZFLJD4MJ51       | Long             | DBT              | NUSS              | UZ        |       790000 | PA      | $835561.28    | 0.05%             | 2030-05-07      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| USD P/INR C                                                                                   | USD P/INR C EXPIRATION: 01/09/2026                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |    -12500000 | NC      | $-4275.39     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Republica del Ecuador                                                                         | REPUBLIC OF ECUADOR 6.900000% 07/31/2030                                   | CUSIP: N/A<br>LEI: 5299003Y2U5XK0A35H71       | Long             | DBT              | NUSS              | EC        |       838335 | PA      | $814861.62    | 0.05%             | 2030-07-31      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| Ceska republika                                                                               | CZECH REPUBLIC 1.950000% 07/30/2037                                        | CUSIP: N/A<br>LEI: 3157007EFDLQABN47912       | Long             | DBT              | NUSS              | CZ        |      7800000 | PA      | $282170.45    | 0.02%             | 2037-07-30      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| CHILEAN PESO                                                                                  | FX Forward Contract: CLP/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | CL        |            1 | NC      | $55552.93     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Romania                                                                                       | ROMANIA GOVERNMENT BOND 6.300000% 04/25/2029                               | CUSIP: N/A<br>LEI: 315700IASY927EDWBK92       | Long             | DBT              | NUSS              | RO        |     20000000 | PA      | $4490627.50   | 0.26%             | 2029-04-25      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| CHINESE YUAN RENMINBI                                                                         | FX Forward Contract: CNY/USD SETTLE 2025-12-08                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | CN        |            1 | NC      | $72484.93     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Pemerintah Republik Indonesia                                                                 | INDONESIA GOVERNMENT 8.250000% 05/15/2036                                  | CUSIP: N/A<br>LEI: 529900FWX0GRR7WG5W79       | Long             | DBT              | NUSS              | ID        |  67413000000 | PA      | $4632493.46   | 0.26%             | 2036-05-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| USD P/ZAR C                                                                                   | USD P/ZAR C EXPIRATION: 01/30/2026                                         | CUSIP: USZAP28G2<br>LEI: N/A                  | N/A              | DFE              |  | US        |    -17500000 | NC      | $-20553.13    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Republic of Tajikistan                                                                        | TAJIKISTAN INT BOND 7.125000% 09/14/2027                                   | CUSIP: N/A<br>LEI: 529900W1LSYUF3CYVU10       | Long             | DBT              | NUSS              | TJ        |       333333 | PA      | $333759.31    | 0.02%             | 2027-09-14      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Republica Federativa do Brasil                                                                | FED REPUBLIC OF BRAZIL 6.625000% 03/15/2035                                | CUSIP: 105756CL2<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |      1158000 | PA      | $1197487.80   | 0.07%             | 2035-03-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| OCP SA                                                                                        | OCP SA 6.875000% 04/25/2044                                                | CUSIP: N/A<br>LEI: 213800D26TAPVTCVWG40       | Long             | DBT              | NUSS              | MA        |      2921000 | PA      | $3045154.18   | 0.17%             | 2044-04-25      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| TURKISH LIRA                                                                                  | FX Forward Contract: TRY/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | TR        |            1 | NC      | $12321.33     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| USD P/ZAR C                                                                                   | USD P/ZAR C EXPIRATION: 03/16/2026                                         | CUSIP: USZAP2811<br>LEI: N/A                  | N/A              | DFE              |  | US        |     12800000 | NC      | $119919.39    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Pemerintah Republik Indonesia                                                                 | INDONESIA GOVERNMENT 7.000000% 02/15/2033                                  | CUSIP: N/A<br>LEI: 529900FWX0GRR7WG5W79       | Long             | DBT              | NUSS              | ID        |  16289000000 | PA      | $1021057.70   | 0.06%             | 2033-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/CZK SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $299.21       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Republica Federativa do Brasil                                                                | NOTA DO TESOURO NACIONAL 10.000000% 01/01/2029                             | CUSIP: N/A<br>LEI: 254900ZFY40OYEADAP90       | Long             | DBT              | NUSS              | BR        |     61060000 | PA      | $10670556.00  | 0.61%             | 2029-01-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| UBS SECURITIES                                                                                | FX Forward Contract: BRL/USD SETTLE 2025-12-02                             | CUSIP: N/A<br>LEI: T6FIZBDPKLYJKFCRVK44       | N/A              | DFE              |  | BR        |            1 | NC      | $-2286.35     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE BANK N.A.                                                                     | Credit Default Swap                                                        | CUSIP: CDS288LW0<br>LEI: 984500653R409CC5AB28 | N/A              | DCR              |  | US        |       600000 | NC      | $-8939.79     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Republic of India                                                                             | INDIA GOVERNMENT BOND 7.300000% 06/19/2053                                 | CUSIP: N/A<br>LEI: 335800IV7VCDQGIOI391       | Long             | DBT              | NUSS              | IN        |        10000 | PA      | $111.33       | 0.00%             | 2053-06-19      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: USD/MXN SETTLE 2026-02-09                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | US        |            1 | NC      | $-265938.30   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| Autopista Rio Magdalena, S.A.S.                                                               | PA AUTOPISTA RIO MAGDALENA 6.050000% 06/15/2036                            | CUSIP: P7400PAA6<br>LEI: 959800CRP6A5WS6VXE16 | Long             | DBT              | CORP              | CO        |   3448381488 | PA      | $785908.36    | 0.04%             | 2036-06-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| THAILAND BAHT                                                                                 | FX Forward Contract: THB/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | TH        |            1 | NC      | $-176732.55   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Republic of Ukraine                                                                           | UKRAINE GOVERNMENT 0.000000% 02/01/2034                                    | CUSIP: N/A<br>LEI: 6354001WLTJXOMEXPY07       | Long             | DBT              | NUSS              | UA        |      3088000 | PA      | $1421020.71   | 0.08%             | 2034-02-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Republica Federativa do Brasil                                                                | NOTA DO TESOURO NACIONAL 6.000000% 08/15/2032                              | CUSIP: N/A<br>LEI: 254900ZFY40OYEADAP90       | Long             | DBT              | NUSS              | BR        |      7200000 | PA      | $5784521.96   | 0.33%             | 2032-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Republic of Lebanon                                                                           | LEBANON GOVERNMENT INTERNATIONAL BOND MTN 6.400000% 05/26/2023             | CUSIP: N/A<br>LEI: 529900QPC4K9S1KHL354       | Long             | DBT              | NUSS              | LB        |      2645000 | PA      | $579784.00    | 0.03%             | 2023-05-26      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| UBS SECURITIES                                                                                | FX Forward Contract: BRL/USD SETTLE 2025-12-02                             | CUSIP: N/A<br>LEI: T6FIZBDPKLYJKFCRVK44       | N/A              | DFE              |  | BR        |            1 | NC      | $73987.38     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MALAYSIAN RINGGIT                                                                             | FX Forward Contract: MYR/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | MY        |            1 | NC      | $5950.55      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Republic of Ukraine                                                                           | UKRAINE GOVERNMENT 0.000000% 02/01/2034                                    | CUSIP: N/A<br>LEI: 6354001WLTJXOMEXPY07       | Long             | DBT              | NUSS              | UA        |      3646335 | PA      | $1677952.57   | 0.10%             | 2034-02-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| BRAZILIAN REAL                                                                                | FX Forward Contract: BRL/USD SETTLE 2026-03-09                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | BR        |            1 | NC      | $447.56       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/EUR SETTLE 2026-05-11                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $5402.60      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/EUR SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $13646.45     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Aegea Finance S.a r.l.                                                                        | AEGEA FINANCE SARL 144A 7.625000% 01/20/2036                               | CUSIP: 00775CAE6<br>LEI: 213800V6WTKUT1XWIZ47 | Long             | DBT              | NUSS              | BR        |      2146000 | PA      | $2033092.59   | 0.12%             | 2036-01-20      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| Republica Bolivariana de Venezuela                                                            | REPUBLIC OF VENEZUELA 12.750000% 08/23/2022                                | CUSIP: P17625AC1<br>LEI: 529900XM8PJTJK5OJI77 | Long             | DBT              | NUSS              | VE        |       671600 | PA      | $208196.00    | 0.01%             | 2022-08-23      | Fixed         | 12.75%                | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/ZAR SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-39752.73    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Republica de Colombia                                                                         | REPUBLIC OF COLOMBIA 5.000000% 06/15/2045                                  | CUSIP: 195325CU7<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |     11028000 | PA      | $8225233.80   | 0.47%             | 2045-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Estados Unidos Mexicanos                                                                      | MEX BONOS DESARR FIX RT 7.500000% 05/26/2033                               | CUSIP: N/A<br>LEI: 254900EGTWEU67VP6075       | Long             | DBT              | NUSS              | MX        |     31890800 | PA      | $1637815.83   | 0.09%             | 2033-05-26      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Estados Unidos Mexicanos                                                                      | MEX BONOS DESARR FIX RT 7.500000% 06/03/2027                               | CUSIP: N/A<br>LEI: 254900EGTWEU67VP6075       | Long             | DBT              | NUSS              | MX        |     61596600 | PA      | $3363802.65   | 0.19%             | 2027-06-03      | Floating      | 7.50%                 | No            |                  2 | On Loan: No      |
| Joint-Stock Cornpany Uzbekneftegaz                                                            | UZBEKNEFTEGAZ JSC 144A 8.750000% 05/07/2030                                | CUSIP: 91825MAC7<br>LEI: 213800LUZJZFLJD4MJ51 | Long             | DBT              | NUSS              | UZ        |      1300000 | PA      | $1374974.25   | 0.08%             | 2030-05-07      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/PLN SETTLE 2025-12-15                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $391.72       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Republica de Costa Rica                                                                       | COSTA RICA GOVERNMENT 7.000000% 04/04/2044                                 | CUSIP: P3699PGH4<br>LEI: 549300S1EK2VN6XVJP58 | Long             | DBT              | NUSS              | CR        |       910000 | PA      | $979160.00    | 0.06%             | 2044-04-04      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Pemerintah Republik Indonesia                                                                 | INDONESIA GOVERNMENT 6.500000% 02/15/2031                                  | CUSIP: N/A<br>LEI: 529900FWX0GRR7WG5W79       | Long             | DBT              | NUSS              | ID        |  12800000000 | PA      | $785445.81    | 0.04%             | 2031-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/ZAR SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-15456.72    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| HUNGARIAN FORINT                                                                              | FX Forward Contract: HUF/USD SETTLE 2025-12-02                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | HU        |            1 | NC      | $19533.97     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: ZAR/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | ZA        |            1 | NC      | $53264.69     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Republica de Colombia                                                                         | TITULOS DE TESORERIA 7.250000% 10/26/2050                                  | CUSIP: N/A<br>LEI: 549300MHDRBVRF6B9117       | Long             | DBT              | NUSS              | CO        |  28946500000 | PA      | $4606091.68   | 0.26%             | 2050-10-26      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Republica Federativa do Brasil                                                                | NOTA DO TESOURO NACIONAL 10.000000% 01/01/2031                             | CUSIP: N/A<br>LEI: 254900ZFY40OYEADAP90       | Long             | DBT              | NUSS              | BR        |     57544000 | PA      | $9613063.58   | 0.55%             | 2031-01-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/EUR SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $4140.85      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CHILEAN PESO                                                                                  | FX Forward Contract: CLP/USD SETTLE 2025-12-09                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | CL        |            1 | NC      | $21251.96     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| PORT OF SPAIN WATERFRONT DEVELOPMENT LIMITED                                                  | PORT OF SPAIN WATERFRONT DEVELOPMENT 7.875000% 02/19/2040                  | CUSIP: P7S30QAA2<br>LEI: N/A                  | Long             | DBT              | NUSS              | TT        |      3770000 | PA      | $3764382.67   | 0.21%             | 2040-02-19      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| HSBC Bank PLC                                                                                 | BRK : HSBC REC : 4.7% FIXED                                                | CUSIP: N/A<br>LEI: MP6I5ZYZBEU3UXPYFY54       | N/A              | DIR              |  | CL        |   1072900000 | NC      | $-2628.99     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Republica del Ecuador                                                                         | REPUBLIC OF ECUADOR 5.000000% 07/31/2040                                   | CUSIP: N/A<br>LEI: 5299003Y2U5XK0A35H71       | Long             | DBT              | NUSS              | EC        |      3759382 | PA      | $2808258.35   | 0.16%             | 2040-07-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arab Republic of Egypt                                                                        | EGYPT TREASURY BILL ZERO COUPON 12/30/2025                                 | CUSIP: YS2589879<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |    314825000 | PA      | $6469329.41   | 0.37%             | 2025-12-30      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Republica Federativa do Brasil                                                                | NOTA DO TESOURO NACIONAL 6.000000% 08/15/2050                              | CUSIP: N/A<br>LEI: 254900ZFY40OYEADAP90       | Long             | DBT              | NUSS              | BR        |      1748000 | PA      | $1349991.74   | 0.08%             | 2050-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| UZBEKISTAN SUM                                                                                | FX Forward Contract: UZS/USD SETTLE 2026-02-05                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | XX        |            1 | NC      | $18900.66     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Kingdom of Bahrain                                                                            | BAHRAIN GOVERNMENT INTERNATIONAL BOND MTN 6.250000% 01/25/2051             | CUSIP: N/A<br>LEI: 54930065PJIB53WWMP12       | Long             | DBT              | NUSS              | BH        |      7450000 | PA      | $6821560.39   | 0.39%             | 2051-01-25      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Republic of South Africa                                                                      | REPUBLIC OF SOUTH AFRICA 5.750000% 09/30/2049                              | CUSIP: 836205BB9<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |      2077000 | PA      | $1758118.07   | 0.10%             | 2049-09-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | US 2YR NOTE (CBT) MAR26 FINANCIAL COMMODITY FUTURE.                        | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DIR              |  | US        |           -4 | NC      | $-835437.50   | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| Republique du Senegal                                                                         | REPUBLIC OF SENEGAL 6.250000% 05/23/2033                                   | CUSIP: N/A<br>LEI: 549300NP14ZLQGWIUZ97       | Long             | DBT              | NUSS              | SN        |      1738000 | PA      | $1066300.94   | 0.06%             | 2033-05-23      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CITIGROUP GLOBAL MARKETS INC.                                                                 | REF: JPOIS BRK: CITIGROUP                                                  | CUSIP: N/A<br>LEI: 6SHGI4ZSSLCXXQSBB395       | N/A              | DIR              |  | JP        |   1395000000 | NC      | $327801.23    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Romania                                                                                       | ROMANIA 4.000000% 02/14/2051                                               | CUSIP: N/A<br>LEI: 315700IASY927EDWBK92       | Long             | DBT              | NUSS              | RO        |      1420000 | PA      | $974793.25    | 0.06%             | 2051-02-14      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Estados Unidos Mexicanos                                                                      | MEX BONOS DESARR FIX RT 8.500000% 02/28/2030                               | CUSIP: N/A<br>LEI: 254900EGTWEU67VP6075       | Long             | DBT              | NUSS              | MX        |    180000000 | PA      | $9929838.73   | 0.56%             | 2030-02-28      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| PERUVIAN NEW SOL                                                                              | FX Forward Contract: PEN/USD SETTLE 2026-02-02                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | PE        |            1 | NC      | $31307.47     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Corporacion Andina de Fomento                                                                 | CORP ANDINA DE FOMENTO MTN 7.700000% 03/06/2029                            | CUSIP: N/A<br>LEI: UKZ46SXGNYCZK0UOZE76       | Long             | DBT              | NUSS              | XX        |    340000000 | PA      | $3869912.52   | 0.22%             | 2029-03-06      | Fixed         | 7.70%                 | No            |                  2 | On Loan: No      |
| BRK : CITIGROUP                                                                               | BRK : CITIGROUP PAY : 3.69% FIXED                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |      9372000 | NC      | $-79948.37    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Petroleos de Venezuela, S.A.                                                                  | Petroleos de Venezuela SA 6.000000% 11/15/2026                             | CUSIP: P7807HAR6<br>LEI: 549300YWR8TN1OFD4P06 | Long             | DBT              | NUSS              | VE        |      5272805 | PA      | $1291837.23   | 0.07%             | 2026-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| EURO-SCHATZ FUT   DEC25                                                                       | EURO-SCHATZ FUT   DEC25 FINANCIAL COMMODITY FUTURE.                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | DE        |          -11 | NC      | $-1365648.86  | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: USD/CNY SETTLE 2025-12-08                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | US        |            1 | NC      | $-288.81      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Kerajaan Malaysia                                                                             | MALAYSIA GOVERNMENT 4.696000% 10/15/2042                                   | CUSIP: N/A<br>LEI: 254900GSIL471JOBYY43       | Long             | DBT              | NUSS              | MY        |         2000 | PA      | $536.01       | 0.00%             | 2042-10-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Kingdom of Thailand                                                                           | THAILAND GOVERNMENT BOND 2.750000% 06/17/2052                              | CUSIP: N/A<br>LEI: 254900PHJ6MSKT6C7026       | Long             | DBT              | NUSS              | TH        |      2778000 | PA      | $91875.79     | 0.01%             | 2052-06-17      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Magyarorszag                                                                                  | HUNGARY GOVERNMENT BOND 7.000000% 10/24/2035                               | CUSIP: N/A<br>LEI: 5299003F3UFKGCCMAP43       | Long             | DBT              | NUSS              | HU        |    200000000 | PA      | $607261.47    | 0.03%             | 2035-10-24      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/COP SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-1017.37     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                                                                      | US TREASURY N/B 3.125000% 08/31/2029                                       | CUSIP: 91282CFJ5<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |      7200000 | PA      | $7093406.23   | 0.40%             | 2029-08-31      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| SOUTH AFRICAN RAND                                                                            | FX Forward Contract: ZAR/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | ZA        |            1 | NC      | $2198.21      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Republic of Uzbekistan                                                                        | REPUBLIC OF UZBEKISTAN INTERNATIONAL BOND 144A 6.947400% 05/25/2032        | CUSIP: 91822Q2J5<br>LEI: 213800L6VDKUM3TCM927 | Long             | DBT              | NUSS              | UZ        |      1137000 | PA      | $1220979.32   | 0.07%             | 2032-05-25      | Fixed         | 6.95%                 | Yes           |                  2 | On Loan: No      |
| THE ISRAEL ELECTRIC CORP. LTD.                                                                | ISRAEL ELECTRIC CORP LTD 8.100000% 12/15/2096                              | CUSIP: M60170AC7<br>LEI: 254900JW7GE35YNJGJ55 | Long             | DBT              | NUSS              | IL        |      2000000 | PA      | $2680053.36   | 0.15%             | 2096-12-15      | Fixed         | 8.10%                 | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE BANK N.A.                                                                     | BRK : J P MORGAN CHASE BANK PAY : 4.03% FIXED                              | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DIR              |  | PL        |     59400000 | NC      | $-60004.80    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/BRL SETTLE 2025-12-02                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-2436.00     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BRK-BARC                                                                                      | BRK-BARC REC-13.5403                                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | BR        |     26700000 | NC      | $161492.53    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Kyrgyz Republic                                                                               | KYRGYZ REPUBLIC INTERNATIONAL BOND 144A 7.750000% 06/03/2030               | CUSIP: 50158LAA6<br>LEI: 253400QJNKYYP2C7PA85 | Long             | DBT              | NUSS              | KG        |       710000 | PA      | $716247.55    | 0.04%             | 2030-06-03      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| THAILAND BAHT                                                                                 | FX Forward Contract: THB/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | TH        |            1 | NC      | $80125.25     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CZECH REPUBLIC KORUNA                                                                         | FX Forward Contract: CZK/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | CZ        |            1 | NC      | $-965.20      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Government of Mongolia                                                                        | MONGOLIA GOVERNMENT INTERNATIONAL BOND 144A 6.625000% 02/25/2030           | CUSIP: 60937LAJ4<br>LEI: 254900PW61ADCBDCLP71 | Long             | DBT              | NUSS              | MN        |       728000 | PA      | $747649.49    | 0.04%             | 2030-02-25      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| MEXICAN PESO                                                                                  | FX Forward Contract: MXN/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | MX        |            1 | NC      | $47800.94     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Republica de Colombia                                                                         | TITULOS DE TESORERIA 6.000000% 04/28/2028                                  | CUSIP: N/A<br>LEI: 549300MHDRBVRF6B9117       | Long             | DBT              | NUSS              | CO        |  15754000000 | PA      | $3763479.09   | 0.21%             | 2028-04-28      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Estados Unidos Mexicanos                                                                      | MEX BONOS DESARR FIX RT 8.000000% 11/07/2047                               | CUSIP: N/A<br>LEI: 254900EGTWEU67VP6075       | Long             | DBT              | NUSS              | MX        |    139941100 | PA      | $6709703.57   | 0.38%             | 2047-11-07      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Kingdom of Thailand                                                                           | THAILAND GOVERNMENT BOND 2.800000% 06/17/2034                              | CUSIP: N/A<br>LEI: 254900PHJ6MSKT6C7026       | Long             | DBT              | NUSS              | TH        |     62493000 | PA      | $2112492.95   | 0.12%             | 2034-06-17      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| PORT OF SPAIN WATERFRONT DEVELOPMENT LIMITED                                                  | PORT OF SPAIN WATERFRONT DEVELOPMENT 144A 7.875000% 02/19/2040             | CUSIP: 73500YAA5<br>LEI: N/A                  | Long             | DBT              | NUSS              | TT        |      2106367 | PA      | $2103228.17   | 0.12%             | 2040-02-19      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/PEN SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-171010.31   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| EUR P/HUF C                                                                                   | EUR P/HUF C EXPIRATION: 04/30/2026                                         | CUSIP: EUHUP2805<br>LEI: N/A                  | N/A              | DFE              |  | US        |       340000 | NC      | $50323.84     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/PLN SETTLE 2025-12-15                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-1664.94     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| TURKISH LIRA                                                                                  | FX Forward Contract: TRY/USD SETTLE 2025-12-03                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | TR        |            1 | NC      | $39306.14     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UZBEKISTAN SUM                                                                                | FX Forward Contract: UZS/USD SETTLE 2026-01-21                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | XX        |            1 | NC      | $99595.04     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: USD/COP SETTLE 2025-12-10                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | US        |            1 | NC      | $-9058.32     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| PHILLIPINE PESO                                                                               | FX Forward Contract: PHP/USD SETTLE 2025-12-01                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | PH        |            1 | NC      | $-123707.14   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Joint Stock Company National Company KazMunayGas                                              | KAZMUNAYGAS NATIONAL CO JSC 6.375000% 10/24/2048                           | CUSIP: Y44709AG1<br>LEI: 2138001H1M69RFJCSH88 | Long             | DBT              | NUSS              | KZ        |      1968000 | PA      | $1995920.09   | 0.11%             | 2048-10-24      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| UBS SECURITIES                                                                                | FX Forward Contract: BRL/USD SETTLE 2025-12-11                             | CUSIP: N/A<br>LEI: T6FIZBDPKLYJKFCRVK44       | N/A              | DFE              |  | BR        |            1 | NC      | $4675.22      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| TURKIYE CUMHURIYETI ZIRAAT BANKASI ANONIM SIRKETI                                             | TC ZIRAAT BANKASI AS MTN 7.250000% 02/04/2030                              | CUSIP: N/A<br>LEI: 213800K5KTZFSUS8MR51       | Long             | DBT              | NUSS              | TR        |       418000 | PA      | $432518.62    | 0.02%             | 2030-02-04      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Asian Infrastructure Investment Bank                                                          | ASIAN INFRASTRUCTURE INVESTMENT BANK/THE MTN 6.650000% 06/30/2033          | CUSIP: N/A<br>LEI: 25490065OSV2524LCR32       | Long             | DBT              | NUSS              | XX        |    448000000 | PA      | $4916868.55   | 0.28%             | 2033-06-30      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| Rzeczpospolita Polska                                                                         | POLAND GOVERNMENT BOND 7.500000% 07/25/2028                                | CUSIP: N/A<br>LEI: 259400R9L8QEP0TPXS31       | Long             | DBT              | NUSS              | PL        |     40000000 | PA      | $11908539.91  | 0.68%             | 2028-07-25      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/PEN SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-181463.58   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Republica Argentina                                                                           | REPUBLIC OF ARGENTINA 4.125000% 07/09/2035                                 | CUSIP: 040114HT0<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |     12317640 | PA      | $8719041.47   | 0.50%             | 2035-07-09      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Barbados                                                                                      | BARBADOS GOVERNMENT INTERNATIONAL BOND 144A 8.000000% 06/26/2035           | CUSIP: 067070AK8<br>LEI: 529900UD1KUUS4SFD905 | Long             | DBT              | NUSS              | BB        |      2800000 | PA      | $2934232.00   | 0.17%             | 2035-06-26      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| United States of America                                                                      | US TREASURY FRN VARIABLE RATE 07/31/2027                                   | CUSIP: 91282CNQ0<br>LEI: 254900HROIFWPRGM1V77 | Long             | SN               | UST               | US        |     16100000 | PA      | $16095083.22  | 0.91%             | 2027-07-31      | Floating      | 3.94%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/ZAR SETTLE 2026-02-04                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-6759.96     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CHILEAN PESO                                                                                  | FX Forward Contract: CLP/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | CL        |            1 | NC      | $6645.03      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Republic of Lebanon                                                                           | LEBANON GOVERNMENT INTERNATIONAL BOND MTN 7.000000% 03/20/2028             | CUSIP: N/A<br>LEI: 529900QPC4K9S1KHL354       | Long             | DBT              | NUSS              | LB        |      3638000 | PA      | $799814.30    | 0.05%             | 2028-03-20      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/MYR SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-3845.07     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| COLOMBIA PESO                                                                                 | FX Forward Contract: COP/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | CO        |            1 | NC      | $36918.71     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Petroleos de Venezuela, S.A.                                                                  | Petroleos de Venezuela SA 9.750000% 05/17/2035                             | CUSIP: P7807HAQ8<br>LEI: 549300YWR8TN1OFD4P06 | Long             | DBT              | NUSS              | VE        |     15762000 | PA      | $4232097.00   | 0.24%             | 2035-05-17      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| Pemerintah Republik Indonesia                                                                 | INDONESIA GOVERNMENT 6.875000% 04/15/2029                                  | CUSIP: N/A<br>LEI: 529900FWX0GRR7WG5W79       | Long             | DBT              | NUSS              | ID        | 117000000000 | PA      | $7255172.38   | 0.41%             | 2029-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Romania                                                                                       | ROMANIA GOVERNMENT BOND 7.100000% 07/31/2034                               | CUSIP: N/A<br>LEI: 315700IASY927EDWBK92       | Long             | DBT              | NUSS              | RO        |     21025000 | PA      | $4825822.16   | 0.27%             | 2034-07-31      | Fixed         | 7.10%                 | No            |                  2 | On Loan: No      |
| EUR P/HUF C                                                                                   | EUR P/HUF C EXPIRATION: 05/14/2026                                         | CUSIP: EUHUP28M7<br>LEI: N/A                  | N/A              | DFE              |  | US        |       320000 | NC      | $32070.35     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/BRL SETTLE 2025-12-02                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $286.43       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| INDIA RUPEE                                                                                   | FX Forward Contract: INR/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | IN        |            1 | NC      | $-92242.53    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Romania                                                                                       | ROMANIA GOVERNMENT BOND 7.500000% 07/27/2033                               | CUSIP: X5S007RF6<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |      6710000 | PA      | $1572654.61   | 0.09%             | 2033-07-27      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Rzeczpospolita Polska                                                                         | REPUBLIC OF POLAND 5.500000% 03/18/2054                                    | CUSIP: 731011AZ5<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |      3030000 | PA      | $2956841.65   | 0.17%             | 2054-03-18      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| EGYPTIAN POUND                                                                                | FX Forward Contract: EGP/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | EG        |            1 | NC      | $963.68       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: USD/CLP SETTLE 2025-12-09                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | US        |            1 | NC      | $-18514.52    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BRAZILIAN REAL                                                                                | FX Forward Contract: BRL/USD SETTLE 2026-03-03                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | BR        |            1 | NC      | $3007.64      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CITIGROUP                                                                                     | FX Forward Contract: THB/USD SETTLE 2026-01-15                             | CUSIP: N/A<br>LEI: 6SHGI4ZSSLCXXQSBB395       | N/A              | DFE              |  | TH        |            1 | NC      | $42091.00     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/BRL SETTLE 2025-12-11                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-11412.50    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/EGP SETTLE 2026-04-16                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-58734.25    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Republic of Ghana                                                                             | REPUBLIC OF GHANA ZERO COUPON 01/03/2030                                   | CUSIP: N/A<br>LEI: 213800PP4399SNNXZ126       | Long             | DBT              | NUSS              | GH        |       284867 | PA      | $249075.30    | 0.01%             | 2030-01-03      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| CHINESE YUAN RENMINBI                                                                         | FX Forward Contract: CNY/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | CN        |            1 | NC      | $1617.33      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS SECURITIES                                                                                | FX Forward Contract: BRL/USD SETTLE 2025-12-11                             | CUSIP: N/A<br>LEI: T6FIZBDPKLYJKFCRVK44       | N/A              | DFE              |  | BR        |            1 | NC      | $5608.95      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                                                                      | Credit Default Swap                                                        | CUSIP: CDS288JL9<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DCR              |  | US        |      3700000 | NC      | $-7171.12     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| EDO Sukuk Limited                                                                             | EDO SUKUK LTD 144A 5.662000% 07/03/2031                                    | CUSIP: 28135J2B2<br>LEI: 5493000LZIE4T625R469 | Long             | DBT              | NUSS              | OM        |      1436000 | PA      | $1503245.01   | 0.09%             | 2031-07-03      | Fixed         | 5.66%                 | Yes           |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/MYR SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-3368.84     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/PLN SETTLE 2025-12-02                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $5995.94      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/PLN SETTLE 2025-12-15                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-24169.71    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Republica del Ecuador                                                                         | REPUBLIC OF ECUADOR 6.900000% 07/31/2035                                   | CUSIP: N/A<br>LEI: 5299003Y2U5XK0A35H71       | Long             | DBT              | NUSS              | EC        |      7692000 | PA      | $6515124.00   | 0.37%             | 2035-07-31      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/CLP SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-43233.77    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: EUR/USD SETTLE 2026-05-11                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | XX        |            1 | NC      | $-57973.40    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| PETRONAS Capital Limited                                                                      | PETRONAS CAPITAL LTD MTN 5.848000% 04/03/2055                              | CUSIP: 716743AX7<br>LEI: 549300G7YFX3540OYR85 | Long             | DBT              | NUSS              | MY        |      2689000 | PA      | $2859712.35   | 0.16%             | 2055-04-03      | Fixed         | 5.85%                 | Yes           |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: USD/CNY SETTLE 2025-12-08                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | US        |            1 | NC      | $-608.49      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: USD/BRL SETTLE 2025-12-08                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | US        |            1 | NC      | $-748.33      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| POLISH ZLOTY                                                                                  | FX Forward Contract: PLN/USD SETTLE 2025-12-04                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | PA        |            1 | NC      | $-16864.41    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: USD/BRL SETTLE 2025-12-08                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | US        |            1 | NC      | $-1991.66     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Republica de Chile                                                                            | REPUBLIC OF CHILE 2.550000% 07/27/2033                                     | CUSIP: 168863DT2<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |      5382000 | PA      | $4663772.10   | 0.26%             | 2033-07-27      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: ZAR/USD SETTLE 2026-02-09                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | ZA        |            1 | NC      | $806.19       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/BRL SETTLE 2025-12-02                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-2.95        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/CLP SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-75297.10    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| POLARIS RENEWABLE ENERGY INC.                                                                 | POLARIS RENEWABLE ENERGY INC 9.500000% 12/03/2029                          | CUSIP: N/A<br>LEI: 254900IRAKXV4MM4QF30       | Long             | DBT              | NUSS              | CA        |       500000 | PA      | $512500.00    | 0.03%             | 2029-12-03      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Emirate of Sharjah                                                                            | FINANCE DEPARTMENT GOVERNMENT OF SHARJAH MTN 4.000000% 07/28/2050          | CUSIP: N/A<br>LEI: 254900ZNL8O3F1CLJO24       | Long             | DBT              | NUSS              | AE        |      4146000 | PA      | $2894147.31   | 0.16%             | 2050-07-28      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/ZAR SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-296.77      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Republic of the Philippines                                                                   | REPUBLIC OF PHILIPPINES 2.950000% 05/05/2045                               | CUSIP: 718286CH8<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |       400000 | PA      | $283707.74    | 0.02%             | 2045-05-05      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Kerajaan Malaysia                                                                             | MALAYSIA GOVERNMENT 3.733000% 06/15/2028                                   | CUSIP: N/A<br>LEI: 254900GSIL471JOBYY43       | Long             | DBT              | NUSS              | MY        |     14000000 | PA      | $3440981.05   | 0.20%             | 2028-06-15      | Fixed         | 3.73%                 | No            |                  2 | On Loan: No      |
| HSBC Bank PLC                                                                                 | BRK : HSBC REC : 5.471% FIXED                                              | CUSIP: N/A<br>LEI: MP6I5ZYZBEU3UXPYFY54       | N/A              | DIR              |  | IN        |   1500000000 | NC      | $40873.56     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| TURKISH LIRA                                                                                  | FX Forward Contract: TRY/USD SETTLE 2026-01-26                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | TR        |            1 | NC      | $10316.55     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| DEVELOPMENT BANK OF MONGOLIA                                                                  | DEVT BANK OF MONGOLIA 8.500000% 07/03/2028                                 | CUSIP: N/A<br>LEI: 254900HRWK3OKXS9UW60       | Long             | DBT              | NUSS              | MN        |      1200000 | PA      | $1231499.04   | 0.07%             | 2028-07-03      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/IDR SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-5012.35     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/COP SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-428.55      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: USD/BRL SETTLE 2025-12-08                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | US        |            1 | NC      | $-2403.51     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| USD P/JPY C                                                                                   | USD P/JPY C EXPIRATION:07/01/2026                                          | CUSIP: USJPP2862<br>LEI: N/A                  | N/A              | DFE              |  | US        |      1390000 | NC      | $11300.44     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: ZAR/USD SETTLE 2026-02-09                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | ZA        |            1 | NC      | $4822.55      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/ZAR SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-6916.59     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Magyarorszag                                                                                  | HUNGARY 5.375000% 09/26/2030                                               | CUSIP: N/A<br>LEI: 5299003F3UFKGCCMAP43       | Long             | DBT              | NUSS              | HU        |      3964000 | PA      | $4057991.20   | 0.23%             | 2030-09-26      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Republic of Ukraine                                                                           | UKRAINE GOVERNMENT 4.500000% 02/01/2036                                    | CUSIP: N/A<br>LEI: 6354001WLTJXOMEXPY07       | Long             | DBT              | NUSS              | UA        |       990817 | PA      | $568578.59    | 0.03%             | 2036-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Republica de Panama                                                                           | REPUBLIC OF PANAMA 4.500000% 04/01/2056                                    | CUSIP: 698299BM5<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |      4403000 | PA      | $3265264.80   | 0.19%             | 2056-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Kingdom of Thailand                                                                           | THAILAND GOVERNMENT BOND 1.585000% 12/17/2035                              | CUSIP: N/A<br>LEI: 254900PHJ6MSKT6C7026       | Long             | DBT              | NUSS              | TH        |      1182000 | PA      | $36257.61     | 0.00%             | 2035-12-17      | Fixed         | 1.58%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/PLN SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $39365.92     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: BRL/USD SETTLE 2025-12-02                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | BR        |            1 | NC      | $1226.20      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ROMANIAN LEU                                                                                  | FX Forward Contract: KZT/USD SETTLE 2026-05-08                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | RO        |            1 | NC      | $59019.77     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Republic of the Philippines                                                                   | REPUBLIC OF PHILIPPINES 3.200000% 07/06/2046                               | CUSIP: 718286CP0<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |      1300000 | PA      | $946601.41    | 0.05%             | 2046-07-06      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Democratic Socialist Republic of Sri Lanka                                                    | REPUBLIC OF SRI LANKA 3.600000% 06/15/2035                                 | CUSIP: N/A<br>LEI: 254900IG6Y30I2QE2R92       | Long             | DBT              | NUSS              | LK        |      1032566 | PA      | $779403.12    | 0.04%             | 2035-06-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Banco Central de la Republica Dominicana                                                      | DOM REP CB NOTES 13.000000% 01/30/2026                                     | CUSIP: N/A<br>LEI: 549300DTVR57NON7XL66       | Long             | DBT              | NUSS              | DO        |     36760000 | PA      | $590289.63    | 0.03%             | 2026-01-30      | Fixed         | 13.00%                | No            |                  2 | On Loan: No      |
| Royaume du Maroc                                                                              | KINGDOM OF MOROCCO 4.000000% 12/15/2050                                    | CUSIP: N/A<br>LEI: 529900F3MBW9XY5K1X07       | Long             | DBT              | NUSS              | MA        |      1000000 | PA      | $729397.44    | 0.04%             | 2050-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Republica Argentina                                                                           | REPUBLIC OF ARGENTINA 4.125000% 07/09/2046                                 | CUSIP: 040114HW3<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |      8137500 | PA      | $5596972.48   | 0.32%             | 2046-07-09      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Republica de Colombia                                                                         | TITULOS DE TESORERIA 7.000000% 03/26/2031                                  | CUSIP: N/A<br>LEI: 549300MHDRBVRF6B9117       | Long             | DBT              | NUSS              | CO        |   5499700000 | PA      | $1175039.88   | 0.07%             | 2031-03-26      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| JPMORGAN SECURITIES LLC                                                                       | BRK - J P MORGAN PAY - BZDIOVRA                                            | CUSIP: N/A<br>LEI: ZBUT11V806EZRVTWT807       | N/A              | DIR              |  | BR        |     15256295 | NC      | $257313.96    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Republique de Cote d'Ivoire                                                                   | IVORY COAST 8.250000% 01/30/2037                                           | CUSIP: N/A<br>LEI: 254900ICW11T82O6H590       | Long             | DBT              | NUSS              | CI        |       595000 | PA      | $623223.13    | 0.04%             | 2037-01-30      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| INDIA RUPEE                                                                                   | FX Forward Contract: INR/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | IN        |            1 | NC      | $-1571.56     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Pemerintah Republik Indonesia                                                                 | REPUBLIC OF INDONESIA 4.300000% 03/31/2052                                 | CUSIP: 455780DK9<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |      1296000 | PA      | $1086130.05   | 0.06%             | 2052-03-31      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Pakistan Water and Power Development Authority                                                | PAKISTAN WATER & POWER 7.500000% 06/04/2031                                | CUSIP: N/A<br>LEI: 213800UA74QOTK6IES10       | Long             | DBT              | NUSS              | PK        |       350000 | PA      | $330224.15    | 0.02%             | 2031-06-04      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Sultanate of Oman                                                                             | OMAN GOV INTERNTL BOND 6.750000% 01/17/2048                                | CUSIP: N/A<br>LEI: 549300SZ20F0QTKNQC75       | Long             | DBT              | NUSS              | OM        |      4442000 | PA      | $4926046.96   | 0.28%             | 2048-01-17      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| BRK : J P MORGAN CHASE & BANK                                                                 | BRK : J P MORGAN CHASE & BANK PAY : 37.22% FIXED                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | TR        |    134300000 | NC      | $4326.92      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| POLISH ZLOTY                                                                                  | FX Forward Contract: PLN/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | PA        |            1 | NC      | $-537.32      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | US 10YR ULTRA FUT MAR26 FINANCIAL COMMODITY FUTURE.                        | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DIR              |  | US        |           -5 | NC      | $-581015.63   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| Government of Bermuda                                                                         | GOVT OF BERMUDA 2.375000% 08/20/2030                                       | CUSIP: G10367AE3<br>LEI: 549300FP5PUZXX9FVJ40 | Long             | DBT              | NUSS              | BM        |       306000 | PA      | $277297.20    | 0.02%             | 2030-08-20      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Republica de Colombia                                                                         | TITULOS DE TESORERIA 7.000000% 06/30/2032                                  | CUSIP: N/A<br>LEI: 549300MHDRBVRF6B9117       | Long             | DBT              | NUSS              | CO        |   7468200000 | PA      | $1525399.37   | 0.09%             | 2032-06-30      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Kingdom of Bahrain                                                                            | KINGDOM OF BAHRAIN 7.000000% 10/12/2028                                    | CUSIP: N/A<br>LEI: 54930065PJIB53WWMP12       | Long             | DBT              | NUSS              | BH        |       563000 | PA      | $586333.14    | 0.03%             | 2028-10-12      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                                           | UAH CURRENCY FV PLACEHOLDER VALUED AT BROKER QUOTE AVERAGE FROM NINETY ONE | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | NUSS              | UA        |       165537 | PA      | $3436.84      | 0.00%             | 2025-02-26      | Fixed         | 15.84%                | No            |                  3 | On Loan: No      |
| ABU DHABI CRUDE OIL PIPELINE L.L.C.                                                           | ABU DHABI CRUDE OIL PIPELINE LLC 4.600000% 11/02/2047                      | CUSIP: AP6574192<br>LEI: 549300DONDFW2383FV66 | Long             | DBT              | NUSS              | AE        |      2066000 | PA      | $1937036.71   | 0.11%             | 2047-11-02      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/IDR SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-490.15      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/ZAR SETTLE 2026-02-04                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $3489.73      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Standard Chartered Bank                                                                       | BRK : STANDARD CHARTERED BANK REC : 1.718% FIXED                           | CUSIP: N/A<br>LEI: 276345HYMX591FE8F735       | N/A              | DIR              |  | TH        |     82000000 | NC      | $46646.65     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Petroleos del Peru - Petroperu S.A.                                                           | PETROLEOS DEL PERU SA 5.625000% 06/19/2047                                 | CUSIP: P7808BAB3<br>LEI: 549300ZMGDLC9JT2OR80 | Long             | DBT              | NUSS              | PE        |      4490000 | PA      | $3193781.90   | 0.18%             | 2047-06-19      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: ZAR/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | ZA        |            1 | NC      | $7669.96      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ARMENIAN DRAM                                                                                 | FX Forward Contract: AMD/USD SETTLE 2028-11-14                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | AM        |            1 | NC      | $83096.13     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| TURKIYE IHRACAT KREDI BANKASI ANONIM SIRKETI                                                  | TURKIYE IHRACAT KREDI BANKASI AS MTN 6.875000% 07/03/2028                  | CUSIP: 90015LAK3<br>LEI: 789000JVRVYLAXGDWR11 | Long             | DBT              | NUSS              | TR        |       723000 | PA      | $744720.11    | 0.04%             | 2028-07-03      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/EUR SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $6223.91      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Pemerintah Republik Indonesia                                                                 | INDONESIA GOVERNMENT 6.375000% 08/15/2028                                  | CUSIP: N/A<br>LEI: 529900FWX0GRR7WG5W79       | Long             | DBT              | NUSS              | ID        |   3971000000 | PA      | $244268.36    | 0.01%             | 2028-08-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Gobierno de la Republica Dominicana                                                           | DOMINICAN REPUBLIC INTERNATIONAL BOND 144A 5.875000% 10/28/2035            | CUSIP: 25714PFF0<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |      5800000 | PA      | $5772740.00   | 0.33%             | 2035-10-28      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Kerajaan Malaysia                                                                             | MALAYSIA GOVERNMENT 3.828000% 07/05/2034                                   | CUSIP: N/A<br>LEI: 254900GSIL471JOBYY43       | Long             | DBT              | NUSS              | MY        |     25879000 | PA      | $6422829.20   | 0.36%             | 2034-07-05      | Fixed         | 3.83%                 | No            |                  2 | On Loan: No      |
| BRAZILIAN REAL                                                                                | FX Forward Contract: BRL/USD SETTLE 2025-12-08                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | BR        |            1 | NC      | $12411.78     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Kingdom of Thailand                                                                           | THAILAND GOVERNMENT BOND 1.600000% 12/17/2029                              | CUSIP: N/A<br>LEI: 254900PHJ6MSKT6C7026       | Long             | DBT              | NUSS              | TH        |     15120000 | PA      | $474044.24    | 0.03%             | 2029-12-17      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/MXN SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-1314.88     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Magyarorszag                                                                                  | HUNGARY 6.125000% 05/22/2028                                               | CUSIP: N/A<br>LEI: 5299003F3UFKGCCMAP43       | Long             | DBT              | NUSS              | HU        |      2434000 | PA      | $2525614.10   | 0.14%             | 2028-05-22      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Estados Unidos Mexicanos                                                                      | MEX BONOS DESARR FIX RT 7.750000% 05/29/2031                               | CUSIP: N/A<br>LEI: 254900EGTWEU67VP6075       | Long             | DBT              | NUSS              | MX        |    115000000 | PA      | $6101931.95   | 0.35%             | 2031-05-29      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| EGYPTIAN POUND                                                                                | FX Forward Contract: EGP/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | EG        |            1 | NC      | $10457.52     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Republica de Honduras                                                                         | HONDURAS GOVERNMENT 5.625000% 06/24/2030                                   | CUSIP: P5178RAD0<br>LEI: 5493002DW1JNBNG17615 | Long             | DBT              | NUSS              | HN        |       294000 | PA      | $287273.28    | 0.02%             | 2030-06-24      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| BRITISH STERLING POUND                                                                        | FX Forward Contract: GBP/USD SETTLE 2026-01-15                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | GB        |            1 | NC      | $756.61       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| THAILAND BAHT                                                                                 | FX Forward Contract: THB/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | TH        |            1 | NC      | $2399.98      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Republic of Kenya                                                                             | REPUBLIC OF KENYA 9.750000% 02/16/2031                                     | CUSIP: N/A<br>LEI: 549300VVURQQYU45PR87       | Long             | DBT              | NUSS              | KE        |      3812000 | PA      | $4059136.69   | 0.23%             | 2031-02-16      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| Republica de Colombia                                                                         | TITULOS DE TESORERIA 5.750000% 11/03/2027                                  | CUSIP: N/A<br>LEI: 549300MHDRBVRF6B9117       | Long             | DBT              | NUSS              | CO        |   9298000000 | PA      | $2281739.45   | 0.13%             | 2027-11-03      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| USD P/HUF C                                                                                   | USD P/HUF C EXPIRATION: 12/05/2025                                         | CUSIP: USHUP28Z5<br>LEI: N/A                  | N/A              | DFE              |  | US        |     13900000 | NC      | $45252.42     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/KRW SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $5491.46      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Republica de Costa Rica                                                                       | COSTA RICA GOVERNMENT 6.125000% 02/19/2031                                 | CUSIP: P3699PGK7<br>LEI: 549300S1EK2VN6XVJP58 | Long             | DBT              | NUSS              | CR        |      4264000 | PA      | $4440956.00   | 0.25%             | 2031-02-19      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: ZAR/USD SETTLE 2025-12-10                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | ZA        |            1 | NC      | $59302.68     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Estado Plurinacional de Bolivia                                                               | BOLIVIA GOVERNMENT 4.500000% 03/20/2028                                    | CUSIP: P37878AC2<br>LEI: 529900TGIRPY3SZXEB56 | Long             | DBT              | NUSS              | BO        |       683000 | PA      | $625402.61    | 0.04%             | 2028-03-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: ZAR/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | ZA        |            1 | NC      | $27636.37     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MEXICAN PESO                                                                                  | FX Forward Contract: MXN/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | MX        |            1 | NC      | $213360.96    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| BROKER - XJPM                                                                                 | BROKER - XJPM REF - 3M BA INDEX                                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | ZA        |     58800000 | NC      | $47408.91     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMORGAN SECURITIES LLC                                                                       | BRK - JPM PAY - USD - SECURED OVERNIGHT FINANCING RATE                     | CUSIP: TRS28NJ46<br>LEI: ZBUT11V806EZRVTWT807 | N/A              | DE               |  | ZM        |     16740000 | NC      | $18826.78     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Republic of South Africa                                                                      | REPUBLIC OF SOUTH AFRICA 8.750000% 01/31/2044                              | CUSIP: N/A<br>LEI: 378900AAFB4F17004C49       | Long             | DBT              | NUSS              | ZA        |     96289781 | PA      | $5272810.75   | 0.30%             | 2044-01-31      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/RON SETTLE 2026-01-08                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-1918.54     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos                                                                           | PETROLEOS MEXICANOS MTN 6.750000% 09/21/2047                               | CUSIP: 71654QCC4<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | NUSS              | MX        |     16812000 | PA      | $13680667.49  | 0.78%             | 2047-09-21      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Ecopetrol S.A.                                                                                | ECOPETROL SA 5.875000% 05/28/2045                                          | CUSIP: 279158AJ8<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | NUSS              | CO        |      4950000 | PA      | $3739985.37   | 0.21%             | 2045-05-28      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| EnfraGen Energia Sur, S.A.U.                                                                  | ENFRAGEN ENERGIA SUR SAU/ ENFRAGEN CHILE SPA/ ENFR 8.499000% 06/30/2032    | CUSIP: 29281MAA8<br>LEI: 2549002TO75PYMY3VY07 | Long             | DBT              | NUSS              | CO        |       500000 | PA      | $516755.00    | 0.03%             | 2032-06-30      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| CZECH REPUBLIC KORUNA                                                                         | FX Forward Contract: CZK/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | CZ        |            1 | NC      | $-2818.85     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Federal Republic of Nigeria                                                                   | NIGERIA GOVERNMENT INTERNATIONAL BOND MTN 6.125000% 09/28/2028             | CUSIP: N/A<br>LEI: 549300GSBZD84TNEQ285       | Long             | DBT              | NUSS              | NG        |      1913000 | PA      | $1899152.50   | 0.11%             | 2028-09-28      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| EUR P/HUF C                                                                                   | EUR P/HUF C EXPIRATION: 04/02/2026                                         | CUSIP: EUHUP28M4<br>LEI: N/A                  | N/A              | DFE              |  | US        |       640000 | NC      | $133851.77    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| BRK : CITIBANK                                                                                | BRK : CITIBANK PAY :  1D SECURED OVERNIGHT FINANCING RATE                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |     16800000 | NC      | $561275.74    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| USD P/CZK C                                                                                   | USD P/CZK C EXPIRATION: 12/17/2025                                         | CUSIP: USCZP28K2<br>LEI: N/A                  | N/A              | DFE              |  | US        |     12700000 | NC      | $2745.51      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| INDONESIA RUPIAH                                                                              | FX Forward Contract: IDR/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | ID        |            1 | NC      | $1660.24      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/ILS SETTLE 2025-12-10                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-54993.37    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Republic of Ghana                                                                             | GHANA GOVERNMENT INTERNATIONAL BOND 144A 5.000000% 07/03/2029              | CUSIP: 374422AM5<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |       247000 | PA      | $241551.98    | 0.01%             | 2029-07-03      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/ZAR SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-21588.55    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| TURKISH LIRA                                                                                  | FX Forward Contract: TRY/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | TR        |            1 | NC      | $2503.08      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Turkiye Cumhuriyeti                                                                           | TURKIYE GOVERNMENT BOND 30.000000% 09/12/2029                              | CUSIP: N/A<br>LEI: 5493000PCHOG3B6S3Q85       | Long             | DBT              | NUSS              | TR        |    480600000 | PA      | $10696947.78  | 0.61%             | 2029-09-12      | Fixed         | 30.00%                | No            |                  2 | On Loan: No      |
| Democratic Socialist Republic of Sri Lanka                                                    | SRI LANKA GOVERNMENT INTERNATIONAL BOND 144A 3.600000% 05/15/2036          | CUSIP: N/A<br>LEI: 254900IG6Y30I2QE2R92       | Long             | DBT              | NUSS              | LK        |       230000 | PA      | $208565.09    | 0.01%             | 2036-05-15      | Fixed         | 3.60%                 | Yes           |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/BRL SETTLE 2025-12-02                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-64.95       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: USD/IDR SETTLE 2025-12-10                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | US        |            1 | NC      | $-10382.31    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| VALE OVERSEAS LIMITED                                                                         | VALE OVERSEAS LTD 144A 6.000000% 02/25/2056                                | CUSIP: 91911TAT0<br>LEI: 254900BA3U6G5DNV5V04 | Long             | DBT              | NUSS              | BR        |      1681000 | PA      | $1673452.31   | 0.10%             | 2056-02-25      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| POLISH ZLOTY                                                                                  | FX Forward Contract: PLN/USD SETTLE 2025-12-15                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | PA        |            1 | NC      | $16184.81     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/INR SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $9708.94      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| POLISH ZLOTY                                                                                  | FX Forward Contract: PLN/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | PA        |            1 | NC      | $-1148.23     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Kerajaan Malaysia                                                                             | MALAYSIA GOVERNMENT 4.065000% 06/15/2050                                   | CUSIP: N/A<br>LEI: 254900GSIL471JOBYY43       | Long             | DBT              | NUSS              | MY        |     15006000 | PA      | $3681117.48   | 0.21%             | 2050-06-15      | Fixed         | 4.07%                 | No            |                  2 | On Loan: No      |
| HUNGARIAN FORINT                                                                              | FX Forward Contract: HUF/USD SETTLE 2025-12-08                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | HU        |            1 | NC      | $295240.91    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/HUF SETTLE 2026-05-11                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-105212.63   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| USD P/HUF C                                                                                   | USD P/HUF C EXPIRATION: 1/8/2026                                           | CUSIP: USHUP28W4<br>LEI: N/A                  | N/A              | DFE              |  | US        |       350000 | NC      | $32332.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: USD/BRL SETTLE 2025-12-08                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | US        |            1 | NC      | $-2808.54     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Empresa Nacional del Petroleo                                                                 | EMPRESA NACIONAL DEL PETROLEO 5.950000% 07/30/2034                         | CUSIP: P37110AT3<br>LEI: 549300YP3P0JZBLIV197 | Long             | DBT              | NUSS              | CL        |       395000 | PA      | $412195.54    | 0.02%             | 2034-07-30      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| EUR P/HUF C                                                                                   | EUR P/HUF C EXPIRATION: 05/07/2026                                         | CUSIP: EUHUP2839<br>LEI: N/A                  | N/A              | DFE              |  | US        |       340000 | NC      | $129502.37    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Republic of the Philippines                                                                   | REPUBLIC OF PHILIPPINES 2.650000% 12/10/2045                               | CUSIP: 718286CL9<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |      2101000 | PA      | $1406682.30   | 0.08%             | 2045-12-10      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| PT Pertamina Hulu Energi                                                                      | PERTAMINA HULU ENERGI PT 144A 5.250000% 05/21/2030                         | CUSIP: 74448WAA2<br>LEI: 2549003IT1KDHL64C037 | Long             | DBT              | NUSS              | ID        |      2852000 | PA      | $2909472.53   | 0.17%             | 2030-05-21      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| BRAZILIAN REAL                                                                                | FX Forward Contract: BRL/USD SETTLE 2025-12-08                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | BR        |            1 | NC      | $41100.36     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Asian Infrastructure Investment Bank                                                          | ASIAN INFRASTRUCTURE INVESTMENT BANK/THE MTN 7.200000% 07/02/2031          | CUSIP: N/A<br>LEI: 25490065OSV2524LCR32       | Long             | DBT              | NUSS              | XX        |     56500000 | PA      | $638287.82    | 0.04%             | 2031-07-02      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| Estados Unidos Mexicanos                                                                      | MEX BONOS DESARR FIX RT 8.000000% 07/31/2053                               | CUSIP: N/A<br>LEI: 254900EGTWEU67VP6075       | Long             | DBT              | NUSS              | MX        |     83111200 | PA      | $3955918.04   | 0.22%             | 2053-07-31      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| COLOMBIA PESO                                                                                 | FX Forward Contract: COP/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | CO        |            1 | NC      | $7440.58      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| HUNGARIAN FORINT                                                                              | FX Forward Contract: HUF/USD SETTLE 2025-12-08                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | HU        |            1 | NC      | $3622.23      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| EGYPTIAN POUND                                                                                | FX Forward Contract: EGP/USD SETTLE 2026-03-18                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | EG        |            1 | NC      | $59583.54     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| POLISH ZLOTY                                                                                  | FX Forward Contract: PLN/EUR SETTLE 2025-12-02                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | PA        |            1 | NC      | $5269.53      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Federal Republic of Nigeria                                                                   | REPUBLIC OF NIGERIA 9.625000% 06/09/2031                                   | CUSIP: V6713EAP5<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |      4029000 | PA      | $4488425.70   | 0.25%             | 2031-06-09      | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/COP SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-19395.68    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ROMANIAN LEU                                                                                  | FX Forward Contract: RON/EUR SETTLE 2025-12-03                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | RO        |            1 | NC      | $17588.29     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CHILEAN PESO                                                                                  | FX Forward Contract: CLP/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | CL        |            1 | NC      | $22140.28     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/CZK SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $22533.28     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                                                                      | Credit Default Swap                                                        | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DCR              |  | US        |      1000000 | NC      | $41040.87     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| State of Israel                                                                               | STATE OF ISRAEL 3.800000% 05/13/2060                                       | CUSIP: N/A<br>LEI: 213800T8ZHTFZIBYPE21       | Long             | DBT              | NUSS              | IL        |      2370000 | PA      | $1625809.57   | 0.09%             | 2060-05-13      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/PHP SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $90866.23     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                                                                       | BRK : GOLDMAN SACHS PAY : 3.9% FIXED                                       | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DIR              |  | CZ        |     66000000 | NC      | $73350.46     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO, INC                                                                      | FX Forward Contract: USD/THB SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: 9R7GPTSO7KV3UQJZQ078       | N/A              | DFE              |  | US        |            1 | NC      | $-63652.65    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Romania                                                                                       | ROMANIA GOVERNMENT BOND 6.750000% 04/25/2035                               | CUSIP: N/A<br>LEI: 315700IASY927EDWBK92       | Long             | DBT              | NUSS              | RO        |       100000 | PA      | $22494.79     | 0.00%             | 2035-04-25      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: MXN/USD SETTLE 2026-02-09                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | MX        |            1 | NC      | $29355.86     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Republica de Chile                                                                            | BONOS DE LA TESORERIA DE LA REPUBLICA EN PESOS 144 4.700000% 09/01/2030    | CUSIP: N/A<br>LEI: 549300FLZTJM5YJF8D34       | Long             | DBT              | NUSS              | CL        |   4450000000 | PA      | $4773417.74   | 0.27%             | 2030-09-01      | Fixed         | 4.70%                 | Yes           |                  2 | On Loan: No      |
| ISRAELI SHEKEL                                                                                | FX Forward Contract: ILS/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | IL        |            1 | NC      | $148021.40    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| PETRONAS Capital Limited                                                                      | PETRONAS CAPITAL LTD 5.848000% 04/03/2055                                  | CUSIP: Y68856BF2<br>LEI: 549300G7YFX3540OYR85 | Long             | DBT              | NUSS              | MY        |       200000 | PA      | $212697.09    | 0.01%             | 2055-04-03      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Kerajaan Malaysia                                                                             | MALAYSIA GOVERNMENT 4.498000% 04/15/2030                                   | CUSIP: N/A<br>LEI: 254900GSIL471JOBYY43       | Long             | DBT              | NUSS              | MY        |      5800000 | PA      | $1471712.14   | 0.08%             | 2030-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES                                                                        | FX Forward Contract: USD/BRL SETTLE 2025-12-08                             | CUSIP: N/A<br>LEI: 984500653R409CC5AB28       | N/A              | DFE              |  | US        |            1 | NC      | $-1736.15     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Magyarorszag                                                                                  | HUNGARY GOVERNMENT BOND 3.250000% 10/22/2031                               | CUSIP: N/A<br>LEI: 5299003F3UFKGCCMAP43       | Long             | DBT              | NUSS              | HU        |    389450000 | PA      | $1001711.27   | 0.06%             | 2031-10-22      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| USD P/PLN C                                                                                   | USD P/PLN C EXPIRATION: 01/07/2026                                         | CUSIP: USPLP28U8<br>LEI: N/A                  | N/A              | DFE              |  | US        |    -19200000 | NC      | $-4282.20     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Republica Bolivariana de Venezuela                                                            | REPUBLIC OF VENEZUELA VARIABLE RATE 10/13/2019                             | CUSIP: P97475AN0<br>LEI: 529900XM8PJTJK5OJI77 | Long             | DBT              | NUSS              | VE        |      5300200 | PA      | $1356851.20   | 0.08%             | 2029-10-13      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| POLISH ZLOTY                                                                                  | FX Forward Contract: PLN/USD SETTLE 2025-12-17                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | PA        |            1 | NC      | $-13683.76    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Magyarorszag                                                                                  | HUNGARY GOVERNMENT BOND 3.000000% 10/27/2038                               | CUSIP: N/A<br>LEI: 5299003F3UFKGCCMAP43       | Long             | DBT              | NUSS              | HU        |    630890000 | PA      | $1259411.92   | 0.07%             | 2038-10-27      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Oman Sovereign Sukuk SAOC                                                                     | OMAN SOVEREIGN SUKUK CO 144A 4.525000% 04/17/2033                          | CUSIP: 68204LZZ0<br>LEI: 549300KM6RUZQLK8LU36 | Long             | DBT              | NUSS              | OM        |      4684000 | PA      | $4667629.42   | 0.27%             | 2033-04-17      | Fixed         | 4.53%                 | Yes           |                  2 | On Loan: No      |
| Pemerintah Republik Indonesia                                                                 | INDONESIA GOVERNMENT 6.375000% 08/15/2028                                  | CUSIP: N/A<br>LEI: 529900FWX0GRR7WG5W79       | Long             | DBT              | NUSS              | ID        |  52000000000 | PA      | $3198679.08   | 0.18%             | 2028-08-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Pemerintah Republik Indonesia                                                                 | INDONESIA GOVERNMENT 7.000000% 02/15/2033                                  | CUSIP: N/A<br>LEI: 529900FWX0GRR7WG5W79       | Long             | DBT              | NUSS              | ID        |  62234000000 | PA      | $3901068.51   | 0.22%             | 2033-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Republica Argentina                                                                           | REPUBLIC OF ARGENTINA 0.750000% 07/09/2030                                 | CUSIP: 040114HS2<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |      4087200 | PA      | $3376027.20   | 0.19%             | 2030-07-09      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| Pemerintah Republik Indonesia                                                                 | INDONESIA GOVERNMENT 6.500000% 07/15/2030                                  | CUSIP: N/A<br>LEI: 529900FWX0GRR7WG5W79       | Long             | DBT              | NUSS              | ID        | 164000000000 | PA      | $10127923.15  | 0.58%             | 2030-07-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BRAZILIAN REAL                                                                                | FX Forward Contract: BRL/USD SETTLE 2025-12-08                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | BR        |            1 | NC      | $-20.23       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-30

**Name of Applicant:** SEI INSTITUTIONAL INVESTMENTS TRUST

**Signature:** Glenn Kurdziel

**Name of Signer:** Glenn Kurdziel

**Title:** Controller and Chief Financial Officer