# EDGAR Filing Document

**Accession Number:** 0000914775
**File Stem:** 0000940400-25-013886
**Filing Date:** 2025-12
**Character Count:** 70681
**Document Hash:** 26db54d13b6592a30dbc18fc71026a7c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-25-013886.hdr.sgml**: 20251219

**ACCESSION NUMBER**: 0000940400-25-013886

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251219

**DATE AS OF CHANGE**: 20251219

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BNY Mellon Advantage Funds, Inc.
- **CENTRAL INDEX KEY:** 0000914775

**ORGANIZATION NAME:**
- **EIN:** 133851784
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07123
- **FILM NUMBER:** 251587152

**BUSINESS ADDRESS:**
- **STREET 1:** BNY MELLON INVESTMENT ADVISER, INC.
- **STREET 2:** 240 GREENWICH STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10286
- **BUSINESS PHONE:** 212-922-6400

**MAIL ADDRESS:**
- **STREET 1:** BNY MELLON INVESTMENT ADVISER, INC.
- **STREET 2:** 240 GREENWICH STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10286

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Advantage Funds, Inc.
- **DATE OF NAME CHANGE:** 20060502

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DREYFUS GROWTH & VALUE FUNDS INC
- **DATE OF NAME CHANGE:** 19951004

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DREYFUS FOCUS FUNDS INC
- **DATE OF NAME CHANGE:** 19940304

## Series and Classes Contracts Data

### BNY Mellon Global Real Return Fund (Series ID: S000028808)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000088313 | Class A      | DRRAX           |
| C000088314 | Class C      | DRRCX           |
| C000088315 | Class I      | DRRIX           |
| C000130431 | Class Y      | DRRYX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** BNY Mellon Advantage Funds, Inc.

- **b. Investment Company Act file number:** 811-07123

- **c. CIK number of Registrant:** 0000914775

- **d. LEI of Registrant:** 549300SWCD16M4CV8Q16

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

  - **Street Address 1:** 240 Greenwich Street

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10286

  - **Telephone number:** 212-922-6400

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

- **a. Name of Series:** BNY Mellon Global Real Return Fund

- **b. EDGAR series identifier (if any):** S000028808

- **c. LEI of Series:** 5493000A8ZNCNJ3H1S06

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $886409614.12

**Total Liabilities:** $19069362.57

**Net Assets:** $867340251.55

**Amount of Assets Invested in Other Investment Companies:** $93885760.18

**Cash Not Reported:** $25116923.17

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.00000000 | **1-Year:** 963.92451000 | **5-Year:** 19499.24545000 | **10-Year:** 9275.35013000 | **30-Year:** 0.00000000

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

- **3-Month:** 248.53055000 | **1-Year:** 4828.81739000 | **5-Year:** 16147.88864000 | **10-Year:** 1134.61644000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000088313 | 0.50%                | 3.04%                | 1.63%                |
| Class ID C000088314 | 0.39%                | 2.98%                | 1.57%                |
| Class ID C000088315 | 0.44%                | 3.09%                | 1.68%                |
| Class ID C000130431 | 0.43%                | 3.15%                | 1.62%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $3628848.06              | $4996149.54                                |
| Month 2  | $4985330.12              | $17158233.71                               |
| Month 3  | $7411303.57              | $-691164.65                                |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                                                              | Title                                                             | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| State Street Bank and Trust Company                               | CHF/JPY FORWARD                                                   | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-568964.12   | -0.07%            |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank and Trust Company                               | EUR/USD FORWARD                                                   | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              | CORP              | US        |         1 | NC      | $93180.62     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Meta Platforms Inc                                                | Meta Platforms Inc                                                | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     16427 | NS      | $10650445.45  | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| SABLE INTL FINANCE LTD                                            | Sable International Finance Ltd                                   | CUSIP: 785712AK6<br>LEI: 2138009IE9A35LO5JS73 | Long             | DBT              | CORP              | KY        |   2184000 | PA      | $2187452.90   | 0.25%             | 2032-10-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Tencent Holdings Ltd                                              | Tencent Holdings Ltd                                              | CUSIP: 000000000<br>LEI: 254900N4SLUMW4XUYY11 | Long             | EC               | CORP              | CN        |    103900 | NS      | $8410357.05   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Estee Lauder Cos Inc/The                                          | Estee Lauder Cos Inc/The                                          | CUSIP: 518439104<br>LEI: 549300VFZ8XJ9NUPU221 | Long             | EC               | CORP              | US        |     64742 | NS      | $6259903.98   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Silver Trust                                              | iShares Silver Trust                                              | CUSIP: 46428Q109<br>LEI: 549300K2C2CG14B0ZA09 | Long             | EC               | RF                | US        |    304059 | NS      | $13381636.59  | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| ITHACA ENERGY NORTH                                               | Ithaca Energy North Sea PLC                                       | CUSIP: 000000000<br>LEI: 213800BMMUN3AKWBIO91 | Long             | DBT              | CORP              | GB        |   1434000 | PA      | $1680960.16   | 0.19%             | 2031-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freeport-McMoRan Inc                                              | Freeport-McMoRan Inc                                              | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |    112777 | NS      | $4702800.90   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| INTESA SANPAOLO SPA                                               | Intesa Sanpaolo SpA                                               | CUSIP: 000000000<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |   3601000 | PA      | $4103885.09   | 0.47%             | 2033-11-28      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| FLORA FOOD MANAGEMENT BV                                          | Flora Food Management BV                                          | CUSIP: 000000000<br>LEI: 2549002VGA888UKFKS25 | Long             | DBT              | CORP              | NL        |   1671000 | PA      | $1823415.68   | 0.21%             | 2029-07-02      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Munich Re                                                         | Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen         | CUSIP: 000000000<br>LEI: 529900MUF4C20K50JS49 | Long             | EC               | CORP              | DE        |     11061 | NS      | $6838811.23   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| CBOE GLOBAL MARKETS, INC.                                         | S&P 500 INDEX                                                     | CUSIP: 000000000<br>LEI: 529900RLNSGA90UPEH54 | N/A              | DE               | CORP              | US        |       129 | NC      | $870105.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| INEOS FINANCE PLC                                                 | INEOS Finance PLC                                                 | CUSIP: 000000000<br>LEI: 2138002D68XDR4LZCG32 | Long             | DBT              | CORP              | GB        |   2200000 | PA      | $2347033.09   | 0.27%             | 2031-03-31      | Fixed         | 7.25%                 | No            |                  2 | On Loan: —       |
| QUEENSLAND TREASURY CORP                                          | Queensland Treasury Corp                                          | CUSIP: 000000000<br>LEI: 98INKCEEHOU5YJS0HQ88 | Long             | DBT              | NUSS              | AU        |   6586000 | PA      | $4312279.35   | 0.50%             | 2038-08-13      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LETRA TESOURO NACIONAL                                            | Brazil Letras do Tesouro Nacional                                 | CUSIP: 000000000<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        | 292344000 | PA      | $32451119.73  | 3.74%             | 2030-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NEW ZEALAND GOVERNMENT                                            | New Zealand Government Bond                                       | CUSIP: 000000000<br>LEI: 549300237GPHG2AI7C34 | Long             | DBT              | NUSS              | NZ        |   5850000 | PA      | $3382184.57   | 0.39%             | 2054-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VOLTAGRID LLC                                                     | VoltaGrid LLC                                                     | CUSIP: 92874BAA3<br>LEI: 254900R5BEUGIKK1FM03 | Long             | DBT              | CORP              | US        |    890000 | PA      | $905732.43    | 0.10%             | 2030-11-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| SPDR Gold Shares                                                  | SPDR Gold Shares                                                  | CUSIP: 78463V107<br>LEI: N/A                  | Long             | EC               | RF                | US        |     89103 | NS      | $32800596.36  | 3.78%             |  |  |  | No            |                  1 | On Loan: No      |
| MEX BONOS DESARR FIX RT                                           | Mexican Bonos                                                     | CUSIP: 000000000<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        | 564010000 | PA      | $29625776.66  | 3.42%             | 2031-05-29      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| OTP BANK NYRT                                                     | OTP Bank Nyrt                                                     | CUSIP: 000000000<br>LEI: 529900W3MOO00A18X956 | Long             | DBT              | CORP              | HU        |   1458000 | PA      | $1569978.09   | 0.18%             | 2033-05-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Linde PLC                                                         | Linde PLC                                                         | CUSIP: 000000000<br>LEI: 5299003QR1WT0EF88V51 | Long             | EC               | CORP              | US        |     14729 | NS      | $6161140.70   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| CRESCENT ENERGY FINANCE                                           | Crescent Energy Finance LLC                                       | CUSIP: 45344LAE3<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |   2629000 | PA      | $2485531.95   | 0.29%             | 2033-01-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| State Street Bank and Trust Company                               | JPY/CHF FORWARD                                                   | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              | CORP              | US        |         1 | NC      | $275510.31    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Graniteshares Gold Trust                                          | Graniteshares Gold Trust                                          | CUSIP: 38748G101<br>LEI: 549300B09UIFB1TCF016 | Long             | EC               | RF                | US        |    219687 | NS      | $8664455.28   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Rheinmetall AG                                                    | Rheinmetall AG                                                    | CUSIP: 000000000<br>LEI: 5299001OU9CSE29O6S05 | Long             | EC               | CORP              | DE        |      2211 | NS      | $4336288.32   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| BNP Paribas SA                                                    | BNP Paribas SA                                                    | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | EC               | CORP              | FR        |     78231 | NS      | $6046998.84   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Unilever PLC                                                      | Unilever PLC                                                      | CUSIP: 000000000<br>LEI: 549300MKFYEKVRWML317 | Long             | EC               | CORP              | GB        |    116835 | NS      | $7070167.79   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Domino's Pizza Inc                                                | Domino's Pizza Inc                                                | CUSIP: 25754A201<br>LEI: 25490005ZWM1IF9UXU57 | Long             | EC               | CORP              | US        |     14847 | NS      | $5915935.62   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| REPUBLIC OF SOUTH AFRICA                                          | Republic of South Africa Government Bond                          | CUSIP: 000000000<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        | 374600000 | PA      | $20697048.31  | 2.39%             | 2031-02-28      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Greencoat UK Wind PLC/Funds                                       | Greencoat UK Wind PLC/Funds                                       | CUSIP: 000000000<br>LEI: 213800ZPBBK8H51RX165 | Long             | EC               | RF                | GB        |   6887180 | NS      | $9536263.54   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| DREYFUS INSTITUTIONAL PREFERRED GOVERNMENT PLUS MONEY MARKET FUND | DREYFUS INSTITUTIONAL PREFERRED GOVERNMENT PLUS MONEY MARKET FUND | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   8934130 | NS      | $8934130.08   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingersoll Rand Inc                                                | Ingersoll Rand Inc                                                | CUSIP: 45687V106<br>LEI: 5299004C02FMZCUOIR50 | Long             | EC               | CORP              | US        |     75817 | NS      | $5787111.61   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Amedeo Air Four Plus Ltd                                          | Amedeo Air Four Plus Ltd                                          | CUSIP: 000000000<br>LEI: 21380056PDNOTWERG107 | Long             | EC               | RF                | GG        |   1602711 | NS      | $1351719.08   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Bank and Trust Company                               | IDR/USD FORWARD                                                   | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              | CORP              | US        |         1 | NC      | $95790.46     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Phillips 66                                                       | Phillips 66                                                       | CUSIP: 718546104<br>LEI: 5493005JBO5YSIGK1814 | Long             | EC               | CORP              | US        |     31906 | NS      | $4343682.84   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| AstraZeneca PLC                                                   | AstraZeneca PLC                                                   | CUSIP: 000000000<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | EC               | CORP              | GB        |     51396 | NS      | $8419609.97   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| London Stock Exchange Group PL                                    | London Stock Exchange Group PLC                                   | CUSIP: 000000000<br>LEI: 213800QAUUUP6I445N30 | Long             | EC               | CORP              | GB        |     40120 | NS      | $4999657.39   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED KINGDOM GILT                                               | United Kingdom Gilt                                               | CUSIP: 000000000<br>LEI: ECTRVYYCEF89VWYS6K36 | Long             | DBT              | NUSS              | GB        |   6719094 | PA      | $8533099.63   | 0.98%             | 2043-10-22      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ASML Holding NV                                                   | ASML Holding NV                                                   | CUSIP: 000000000<br>LEI: 724500Y6DUVHQD6OXN27 | Long             | EC               | CORP              | NL        |      5014 | NS      | $5306055.30   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| MERRILL LYNCH BV                                                  | Merrill Lynch BV                                                  | CUSIP: 000000000<br>LEI: 549300RQ1D1WIE085245 | Long             | DBT              | CORP              | NL        |  39836900 | PA      | $40860708.33  | 4.71%             | 2026-02-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| iShares Gold Trust                                                | iShares Gold Trust                                                | CUSIP: 464285204<br>LEI: 5493006UOY7GXQW0IP42 | Long             | EC               | RF                | US        |    385639 | NS      | $29073324.21  | 3.35%             |  |  |  | No            |                  1 | On Loan: No      |
| SK hynix Inc                                                      | SK hynix Inc                                                      | CUSIP: 000000000<br>LEI: 988400XAIK6XISWQV045 | Long             | EC               | CORP              | KR        |     23846 | NS      | $9355967.01   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| ECOPETROL SA                                                      | Ecopetrol SA                                                      | CUSIP: 279158AV1<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |   2170000 | PA      | $2251312.07   | 0.26%             | 2036-01-19      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| Alcon AG                                                          | Alcon AG                                                          | CUSIP: 000000000<br>LEI: 549300LDT5AP8S0NBM78 | Long             | EC               | CORP              | CH        |     52583 | NS      | $3885357.87   | 0.45%             |  |  |  | No            |                  1 | On Loan: —       |
| UBS Securities LLC                                                | USD/AUD FORWARD                                                   | CUSIP: 000000000<br>LEI: T6FIZBDPKLYJKFCRVK44 | N/A              | DFE              | CORP              | US        |         1 | NC      | $33420.88     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| HDFC Bank Ltd                                                     | HDFC Bank Ltd                                                     | CUSIP: 000000000<br>LEI: 335800ZQ6I4E2JXENC50 | Long             | EC               | CORP              | IN        |    404988 | NS      | $4504213.38   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Riverstone Credit Opportunities Income PLC/The Fund               | Riverstone Credit Opportunities Income PLC/The Fund               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | RF                | GB        |   2092213 | NS      | $1516854.43   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                                                    | Microsoft Corp                                                    | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     38383 | NS      | $19875101.23  | 2.29%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Vernova Inc                                                    | GE Vernova Inc                                                    | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |      8416 | NS      | $4924538.24   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| NOTA DO TESOURO NACIONAL                                          | Brazil Notas do Tesouro Nacional Serie F                          | CUSIP: 000000000<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |  17000000 | PA      | $2778569.72   | 0.32%             | 2031-01-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| NATIONWIDE BLDG SOCIETY                                           | Nationwide Building Society                                       | CUSIP: 000000000<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |   1600000 | PA      | $2207959.76   | 0.25%             | N/A             | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| NEW ZEALAND GOVERNMENT                                            | New Zealand Government Bond                                       | CUSIP: 000000000<br>LEI: 549300237GPHG2AI7C34 | Long             | DBT              | NUSS              | NZ        |  10588000 | PA      | $5457570.10   | 0.63%             | 2031-05-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| DYNAMO NEWCO II GMBH                                              | Dynamo Newco II GmbH                                              | CUSIP: 000000000<br>LEI: 391200FDSPYB8FKV7F97 | Long             | DBT              | CORP              | DE        |   2211000 | PA      | $2571582.97   | 0.30%             | 2031-10-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Schneider Electric SE                                             | Schneider Electric SE                                             | CUSIP: 000000000<br>LEI: 969500A1YF1XUYYXS284 | Long             | EC               | CORP              | FR        |     28975 | NS      | $8219256.11   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences Inc                                               | Gilead Sciences Inc                                               | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |     36241 | NS      | $4341309.39   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Bank and Trust Company                               | AUD/USD FORWARD                                                   | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              | CORP              | US        |         1 | NC      | $42164.44     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                                            | Venture Global LNG Inc                                            | CUSIP: 92332YAB7<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |   2574000 | PA      | $2644826.18   | 0.30%             | 2031-06-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: —       |
| BioPharma Credit PLC/The Fund                                     | BioPharma Credit PLC/The Fund                                     | CUSIP: 000000000<br>LEI: 213800AV55PYXAS7SY24 | Long             | EC               | RF                | GB        |  13330690 | NS      | $11970959.62  | 1.38%             |  |  |  | No            |                  1 | On Loan: —       |
| REPUBLIC OF COLOMBIA                                              | Colombia Government International Bond                            | CUSIP: 000000000<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |   5450000 | PA      | $6162294.93   | 0.71%             | 2032-09-19      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ELECTRICITE DE FRANCE SA                                          | Electricite de France SA                                          | CUSIP: 000000000<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |   2400000 | PA      | $2661589.37   | 0.31%             | N/A             | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| ROMANIA                                                           | Romanian Government International Bond                            | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |   7470000 | PA      | $8704840.94   | 1.00%             | 2033-06-07      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| TELEFONICA EUROPE BV                                              | Telefonica Europe BV                                              | CUSIP: 000000000<br>LEI: 7245007FZS0M65WUGP67 | Long             | DBT              | CORP              | NL        |   1800000 | PA      | $2217091.23   | 0.26%             | N/A             | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| NATIONWIDE BLDG SOCIETY                                           | Nationwide Building Society                                       | CUSIP: 000000000<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |   1600000 | PA      | $2184294.24   | 0.25%             | N/A             | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Airbus SE                                                         | Airbus SE                                                         | CUSIP: 000000000<br>LEI: MINO79WLOO247M1IL051 | Long             | EC               | CORP              | FR        |     24956 | NS      | $6138564.83   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| BANCO BILBAO VIZCAYA ARG                                          | Banco Bilbao Vizcaya Argentaria SA                                | CUSIP: 05946KAS0<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | DBT              | CORP              | ES        |   2400000 | PA      | $2562928.80   | 0.30%             | N/A             | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Industria de Diseno Textil SA                                     | Industria de Diseno Textil SA                                     | CUSIP: 000000000<br>LEI: 549300TTCXZOGZM2EY83 | Long             | EC               | CORP              | ES        |    111902 | NS      | $6178325.95   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| NATWEST MARKETS SECURITIES INC.                                   | JPY/USD FORWARD                                                   | CUSIP: 000000000<br>LEI: ZE2ZWJ5BTIQJ8M0C6K34 | N/A              | DFE              | CORP              | US        |         1 | NC      | $226285.07    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| BALL CORP                                                         | Ball Corp                                                         | CUSIP: 058498AW6<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |   1794000 | PA      | $1641951.22   | 0.19%             | 2030-08-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: —       |
| Alibaba Group Holding Ltd                                         | Alibaba Group Holding Ltd                                         | CUSIP: 01609W102<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | HK        |     32115 | NS      | $5473359.45   | 0.63%             |  |  |  | No            |                  1 | On Loan: —       |
| NZ LOCAL GOVT FUND AGENC                                          | New Zealand Local Government Funding Agency Bond                  | CUSIP: 000000000<br>LEI: 254900ZJG39H1CAH6K02 | Long             | DBT              | NUSS              | NZ        |   8080000 | PA      | $4283588.72   | 0.49%             | 2031-05-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Johnson & Johnson                                                 | Johnson & Johnson                                                 | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |     46993 | NS      | $8875567.91   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Aon PLC                                                           | Aon PLC                                                           | CUSIP: 000000000<br>LEI: 635400FALWQYX5E6QC64 | Long             | EC               | CORP              | GB        |     17603 | NS      | $5996990.04   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| CEMEX SAB DE CV                                                   | Cemex SAB de CV                                                   | CUSIP: 000000000<br>LEI: 549300RIG2CXWN6IV731 | Long             | DBT              | CORP              | MX        |   3496000 | PA      | $3636539.20   | 0.42%             | N/A             | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| Mastercard Inc                                                    | Mastercard Inc                                                    | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |      8845 | NS      | $4882351.55   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Bank and Trust Company                               | USD/TRY FORWARD                                                   | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              | CORP              | US        |         1 | NC      | $165853.12    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| CIBC WORLD MARKETS CORP.                                          | GBP/USD FORWARD                                                   | CUSIP: 000000000<br>LEI: 549300445CON3DBMU275 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-27662.49    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank and Trust Company                               | GBP/USD FORWARD                                                   | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-34442.11    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| EUREX CLEARING AKTIENGESELLSCHAFT                                 | STOXX EUROPE 600                                                  | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DE               | CORP              | DE        |       379 | NC      | $364603.73    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| CBOE GLOBAL MARKETS, INC.                                         | S&P 500 INDEX                                                     | CUSIP: 000000000<br>LEI: 529900RLNSGA90UPEH54 | N/A              | DE               | CORP              | US        |      -129 | NC      | $-332820.00   | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| State Street Bank and Trust Company                               | USD/MXN FORWARD                                                   | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-118042.76   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| UBS Securities LLC                                                | EUR/USD FORWARD                                                   | CUSIP: 000000000<br>LEI: T6FIZBDPKLYJKFCRVK44 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-67443.23    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank and Trust Company                               | EUR/JPY FORWARD                                                   | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              | CORP              | US        |         1 | NC      | $107313.14    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS Securities LLC                                                | EUR/USD FORWARD                                                   | CUSIP: 000000000<br>LEI: T6FIZBDPKLYJKFCRVK44 | N/A              | DFE              | CORP              | US        |         1 | NC      | $148102.76    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| NATWEST MARKETS SECURITIES INC.                                   | USD/GBP FORWARD                                                   | CUSIP: 000000000<br>LEI: ZE2ZWJ5BTIQJ8M0C6K34 | N/A              | DFE              | CORP              | US        |         1 | NC      | $30134.99     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank and Trust Company                               | CHF/USD FORWARD                                                   | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              | CORP              | US        |         1 | NC      | $21943.00     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CBOE GLOBAL MARKETS, INC.                                         | S&P 500 INDEX                                                     | CUSIP: 000000000<br>LEI: 529900RLNSGA90UPEH54 | N/A              | DE               | CORP              | US        |        52 | NC      | $350740.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Bank and Trust Company                               | USD/ZAR FORWARD                                                   | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-465050.99   | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.                       | US 10YR ULTRA                                                     | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |      -717 | NC      | $-1289775.45  | -0.15%            |  |  |  | No            |                  1 | On Loan: No      |
| CBOE GLOBAL MARKETS, INC.                                         | S&P 500 INDEX                                                     | CUSIP: 000000000<br>LEI: 529900RLNSGA90UPEH54 | N/A              | DE               | CORP              | US        |       -52 | NC      | $-134160.00   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| NATWEST MARKETS SECURITIES INC.                                   | NZD/USD FORWARD                                                   | CUSIP: 000000000<br>LEI: ZE2ZWJ5BTIQJ8M0C6K34 | N/A              | DFE              | CORP              | US        |         1 | NC      | $579777.10    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| CBOE GLOBAL MARKETS, INC.                                         | S&P 500 INDEX                                                     | CUSIP: 000000000<br>LEI: 529900RLNSGA90UPEH54 | N/A              | DE               | CORP              | US        |        32 | NC      | $64192.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CBOE GLOBAL MARKETS, INC.                                         | S&P 500 INDEX                                                     | CUSIP: 000000000<br>LEI: 529900RLNSGA90UPEH54 | N/A              | DE               | CORP              | US        |        26 | NC      | $175370.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Citibank, National Association                                    | BRL/USD FORWARD                                                   | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-228164.52   | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.                       | 10 YEAR U.S. TREASURY NOTE                                        | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |      1506 | NC      | $70593.75     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CBOE GLOBAL MARKETS, INC.                                         | S&P 500 INDEX                                                     | CUSIP: 000000000<br>LEI: 529900RLNSGA90UPEH54 | N/A              | DE               | CORP              | US        |        96 | NC      | $370080.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| NATWEST MARKETS SECURITIES INC.                                   | USD/EUR FORWARD                                                   | CUSIP: 000000000<br>LEI: ZE2ZWJ5BTIQJ8M0C6K34 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-107036.15   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank and Trust Company                               | USD/KRW FORWARD                                                   | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-229542.03   | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| CIBC WORLD MARKETS CORP.                                          | USD/EUR FORWARD                                                   | CUSIP: 000000000<br>LEI: 549300445CON3DBMU275 | N/A              | DFE              | CORP              | US        |         1 | NC      | $1418672.12   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| CBOE GLOBAL MARKETS, INC.                                         | S&P 500 INDEX                                                     | CUSIP: 000000000<br>LEI: 529900RLNSGA90UPEH54 | N/A              | DE               | CORP              | US        |        96 | NC      | $192576.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Bank and Trust Company                               | TRY/USD FORWARD                                                   | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-47346.06    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank and Trust Company                               | INR/USD FORWARD                                                   | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              | CORP              | US        |         1 | NC      | $9300.78      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CBOE GLOBAL MARKETS, INC.                                         | S&P 500 INDEX                                                     | CUSIP: 000000000<br>LEI: 529900RLNSGA90UPEH54 | N/A              | DE               | CORP              | US        |       -52 | NC      | $-134160.00   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| State Street Bank and Trust Company                               | EUR/JPY FORWARD                                                   | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-461177.66   | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| ICE FUTURES EUROPE                                                | FTSE 100 INDEX                                                    | CUSIP: 000000000<br>LEI: 549300UF4R84F48NCH34 | N/A              | DE               | CORP              | GB        |       203 | NC      | $1166660.42   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.                       | US 10YR NOTE (CBT)                                                | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |      -619 | NC      | $52311.97     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| NATWEST MARKETS SECURITIES INC.                                   | USD/EUR FORWARD                                                   | CUSIP: 000000000<br>LEI: ZE2ZWJ5BTIQJ8M0C6K34 | N/A              | DFE              | CORP              | US        |         1 | NC      | $95812.64     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| CBOE GLOBAL MARKETS, INC.                                         | S&P 500 INDEX                                                     | CUSIP: 000000000<br>LEI: 529900RLNSGA90UPEH54 | N/A              | DE               | CORP              | US        |        52 | NC      | $350740.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| ICE FUTURES EUROPE                                                | LONG GILT                                                         | CUSIP: 000000000<br>LEI: 549300UF4R84F48NCH34 | N/A              | DIR              | CORP              | GB        |       278 | NC      | $998463.77    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| OSAKA EXCHANGE,INC                                                | TPX BANKS INDEX                                                   | CUSIP: 000000000<br>LEI: 3538001249AILNPRUX57 | N/A              | DE               | CORP              | JP        |       130 | NC      | $146544.61    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.                       | US LONG BOND(CBT)                                                 | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       339 | NC      | $-407091.54   | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| CIBC WORLD MARKETS CORP.                                          | USD/CHF FORWARD                                                   | CUSIP: 000000000<br>LEI: 549300445CON3DBMU275 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-24212.34    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                                           | TRS GSVISK2S INDEX                                                | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $-4719347.82  | -0.54%            |  |  |  | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                                                 | TRS BXIINIM3 INDEX                                                | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DE               | CORP              | GB        |         1 | NC      | $-575525.94   | -0.07%            |  |  |  | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                                                 | TRS BXIINIF3 INDEX                                                | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DE               | CORP              | GB        |         1 | NC      | $1042364.03   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| OPAL BIDCO SAS                                                    | Opal Bidco SAS                                                    | CUSIP: 000000000<br>LEI: 969500R96XT7XY2UJ564 | Long             | DBT              | CORP              | FR        |   4251000 | PA      | $5089502.13   | 0.59%             | 2032-03-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Rolls-Royce Holdings PLC                                          | Rolls-Royce Holdings PLC                                          | CUSIP: 000000000<br>LEI: 213800EC7997ZBLZJH69 | Long             | EC               | CORP              | GB        |    579366 | NS      | $8882190.04   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Hermes International SCA                                          | Hermes International SCA                                          | CUSIP: 000000000<br>LEI: 969500Y4IJGHJE2MTJ13 | Long             | EC               | CORP              | FR        |      2190 | NS      | $5424728.22   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                                                      | Alphabet Inc                                                      | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     64876 | NS      | $18242482.44  | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |
| CSN ISLANDS XI CORP                                               | CSN Inova Ventures                                                | CUSIP: 000000000<br>LEI: 222100R8R68DM7VM3661 | Long             | DBT              | CORP              | KY        |    428000 | PA      | $397898.42    | 0.05%             | 2028-01-28      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Informa PLC                                                       | Informa PLC                                                       | CUSIP: 000000000<br>LEI: 5493006VM2LKUPSEDU20 | Long             | EC               | CORP              | GB        |    617906 | NS      | $7856049.84   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Spotify Technology SA                                             | Spotify Technology SA                                             | CUSIP: 000000000<br>LEI: 549300B4X0JHWV0DTD60 | Long             | EC               | CORP              | SE        |      9793 | NS      | $6417548.76   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| CBOE GLOBAL MARKETS, INC.                                         | S&P 500 INDEX                                                     | CUSIP: 000000000<br>LEI: 529900RLNSGA90UPEH54 | N/A              | DE               | CORP              | US        |        32 | NC      | $123360.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CREDIT SUISSE GROUP AG                                            | Credit Suisse Group AG                                            | CUSIP: 000000000<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |   2650000 | PA      | $781750.00    | 0.09%             | N/A             | Variable      | 7.25%                 | No            |                  2 | On Loan: No      |
| TSY INFL IX N/B                                                   | United States Treasury Inflation Indexed Bonds                    | CUSIP: 91282CGW5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  47100644 | PA      | $47109247.87  | 5.43%             | 2028-04-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| EDGE FINCO PLC                                                    | Edge Finco PLC                                                    | CUSIP: 000000000<br>LEI: 648835NI8LJE5190NT73 | Long             | DBT              | CORP              | GB        |   1822000 | PA      | $2538078.49   | 0.29%             | 2031-08-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| Dominion Energy Inc                                               | Dominion Energy Inc                                               | CUSIP: 25746U109<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | EC               | CORP              | US        |     81503 | NS      | $4783411.07   | 0.55%             |  |  |  | No            |                  1 | On Loan: —       |
| AUSTRALIAN GOVERNMENT                                             | Australia Government Bond                                         | CUSIP: 000000000<br>LEI: 213800J6B7JSBDETCB42 | Long             | DBT              | NUSS              | AU        |  17370000 | PA      | $10716579.55  | 1.24%             | 2037-04-21      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Thermo Fisher Scientific Inc                                      | Thermo Fisher Scientific Inc                                      | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |     11793 | NS      | $6691230.27   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| TSMC                                                              | Taiwan Semiconductor Manufacturing Co Ltd                         | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |     40301 | NS      | $12107629.43  | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix Inc                                                       | Netflix Inc                                                       | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |      6950 | NS      | $7776077.00   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Land Securities Group PLC                                         | Land Securities Group PLC                                         | CUSIP: 000000000<br>LEI: 213800V8IAVKS37D6B88 | Long             | EC               | CORP              | GB        |    990136 | NS      | $8084109.44   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| NEW S WALES TREASURY CRP                                          | New South Wales Treasury Corp                                     | CUSIP: 000000000<br>LEI: TC7LRO17HPNPLTAV0H77 | Long             | DBT              | NUSS              | AU        |   6560000 | PA      | $4325773.07   | 0.50%             | 2038-02-24      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CBOE GLOBAL MARKETS, INC.                                         | S&P 500 INDEX                                                     | CUSIP: 000000000<br>LEI: 529900RLNSGA90UPEH54 | N/A              | DE               | CORP              | US        |       -26 | NC      | $-67080.00    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| MILLICOM INTL CELLULAR                                            | Millicom International Cellular SA                                | CUSIP: 000000000<br>LEI: 549300CTHC1CP86P2G96 | Long             | DBT              | CORP              | LU        |   1543000 | PA      | $1442704.23   | 0.17%             | 2031-04-27      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Hubbell Inc                                                       | Hubbell Inc                                                       | CUSIP: 443510607<br>LEI: 54930088VDQ6840Y6597 | Long             | EC               | CORP              | US        |     17375 | NS      | $8166250.00   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| NEW ZEALAND GOVERNMENT                                            | New Zealand Government Bond                                       | CUSIP: 000000000<br>LEI: 549300237GPHG2AI7C34 | Long             | DBT              | NUSS              | NZ        |  10590000 | PA      | $6099930.78   | 0.70%             | 2036-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| AZULE ENERGY FINANCE PLC                                          | Azule Energy Finance Plc                                          | CUSIP: 000000000<br>LEI: 2138006X6O82RJSQDB63 | Long             | DBT              | CORP              | GB        |   1813000 | PA      | $1823804.19   | 0.21%             | 2030-01-23      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP/US FIN                                          | Clarios Global LP / Clarios US Finance Co                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |    905000 | PA      | $1066460.20   | 0.12%             | 2031-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                               | JPMorgan Chase & Co                                               | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     33802 | NS      | $10516478.24  | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| FIBERCOP SPA                                                      | Fibercop SpA                                                      | CUSIP: 000000000<br>LEI: 8156007022402E114A31 | Long             | DBT              | CORP              | IT        |    486000 | PA      | $572753.00    | 0.07%             | 2030-06-30      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| TK ELEVATOR MIDCO GMBH                                            | TK Elevator Midco GmbH                                            | CUSIP: 000000000<br>LEI: 254900K869UN2ZWVB351 | Long             | DBT              | CORP              | DE        |   2200000 | PA      | $2543595.73   | 0.29%             | 2027-07-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Barclays PLC                                                      | Barclays PLC                                                      | CUSIP: 000000000<br>LEI: 213800LBQA1Y9L22JB70 | Long             | EC               | CORP              | GB        |   1399765 | NS      | $7484206.11   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| CMS Energy Corp                                                   | CMS Energy Corp                                                   | CUSIP: 125896100<br>LEI: 549300IA9XFBAGNIBW29 | Long             | EC               | CORP              | US        |     84724 | NS      | $6231450.20   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Bank and Trust Company                               | USD/GBP FORWARD                                                   | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              | CORP              | US        |         1 | NC      | $2267157.32   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| BAE Systems PLC                                                   | BAE Systems PLC                                                   | CUSIP: 000000000<br>LEI: 8SVCSVKSGDWMW2QHOH83 | Long             | EC               | CORP              | GB        |    148275 | NS      | $3644499.71   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| ION PLATFORM FINANCE SAR                                          | ION Platform Finance SARL                                         | CUSIP: 000000000<br>LEI: 6488IU1F9M51Z3P60R77 | Long             | DBT              | CORP              | LU        |   2190000 | PA      | $2483768.36   | 0.29%             | 2030-09-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PepsiCo Inc                                                       | PepsiCo Inc                                                       | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |     33490 | NS      | $4892554.10   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| CREDIT SUISSE GROUP AG                                            | Credit Suisse Group AG                                            | CUSIP: 000000000<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |   9685000 | PA      | $2857075.00   | 0.33%             | N/A             | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BRITISH TELECOMMUNICATIO                                          | British Telecommunications PLC                                    | CUSIP: 000000000<br>LEI: 549300OWFMSO9NYV4H90 | Long             | DBT              | CORP              | GB        |   1296000 | PA      | $1745261.46   | 0.20%             | 2055-12-03      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Amazon.com Inc                                                    | Amazon.com Inc                                                    | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     66080 | NS      | $16138057.60  | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Renewables Infrastructure Group Ltd/The                           | Renewables Infrastructure Group Ltd/The                           | CUSIP: 000000000<br>LEI: 213800NO6Q7Q7HMOMT20 | Long             | EC               | RF                | GG        |   7163244 | NS      | $7293024.07   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                                            | CCO Holdings LLC / CCO Holdings Capital Corp                      | CUSIP: 1248EPBR3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2289000 | PA      | $2287685.66   | 0.26%             | 2026-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                 | HSBC Holdings PLC                                                 | CUSIP: 000000000<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   7651000 | PA      | $8857208.10   | 1.02%             | N/A             | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Old Republic International Cor                                    | Old Republic International Corp                                   | CUSIP: 680223104<br>LEI: 549300IV6O2YY2A1KH37 | Long             | EC               | CORP              | US        |    137889 | NS      | $5441099.94   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Bank and Trust Company                               | USD/IDR FORWARD                                                   | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-39824.40    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| DREYFUS INSTITUTIONAL PREFERRE                                    | DREYFUS INSTITUTIONAL PREFERRED GOVERNMENT PLUS MONEY MARKET FUND | CUSIP: 000000000<br>LEI: 549300RBWL04JG8SIX57 | Long             | STIV             | RF                | US        |  12936439 | NS      | $12936438.98  | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| CATL                                                              | Contemporary Amperex Technology Co Ltd                            | CUSIP: 000000000<br>LEI: 300300KINDY1K0E9I032 | Long             | EC               | CORP              | CN        |     93300 | NS      | $5099142.60   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| AIA Group Ltd                                                     | AIA Group Ltd                                                     | CUSIP: 000000000<br>LEI: ZP5ILWVSYE4LJGMMVD57 | Long             | EC               | CORP              | HK        |    758200 | NS      | $7361922.90   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                          | Lloyds Banking Group PLC                                          | CUSIP: 000000000<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |   1444000 | PA      | $1973070.78   | 0.23%             | N/A             | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Intercontinental Exchange Inc                                     | Intercontinental Exchange Inc                                     | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |     35381 | NS      | $5175886.49   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                                                       | NVIDIA Corp                                                       | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     90804 | NS      | $18386901.96  | 2.12%             |  |  |  | No            |                  1 | On Loan: No      |
| UNICREDIT SPA                                                     | UniCredit SpA                                                     | CUSIP: 000000000<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |   4422000 | PA      | $5234459.40   | 0.60%             | N/A             | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| MercadoLibre Inc                                                  | MercadoLibre Inc                                                  | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | UY        |      2194 | NS      | $5106008.44   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| VMED O2 UK FINAN                                                  | Vmed O2 UK Financing I PLC                                        | CUSIP: 000000000<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |   4088000 | PA      | $5120262.42   | 0.59%             | 2029-01-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW ZEALAND GOVERNMENT                                            | New Zealand Government Bond                                       | CUSIP: 000000000<br>LEI: 549300237GPHG2AI7C34 | Long             | DBT              | NUSS              | NZ        |  18650000 | PA      | $7286274.68   | 0.84%             | 2041-05-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-12-19

**Name of Applicant:** BNY Mellon Advantage Funds, Inc.

**Signature:** James Windels

**Name of Signer:** James Windels

**Title:** Treasurer