# EDGAR Filing Document

**Accession Number:** 0000012601
**File Stem:** 0001752724-23-037045
**Filing Date:** 2023-2
**Character Count:** 153522
**Document Hash:** 49d9f10826fad628713e3b6621d8d36d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-037045.hdr.sgml**: 20230223

**ACCESSION NUMBER**: 0001752724-23-037045

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230223

**DATE AS OF CHANGE**: 20230223

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PRINCIPAL VARIABLE CONTRACTS FUNDS INC
- **CENTRAL INDEX KEY:** 0000012601
- **IRS NUMBER:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-01944
- **FILM NUMBER:** 23659110

**BUSINESS ADDRESS:**
- **STREET 1:** 711 HIGH STREET
- **CITY:** DES MOINES
- **STATE:** IA
- **ZIP:** 50392
- **BUSINESS PHONE:** 515-247-5477

**MAIL ADDRESS:**
- **STREET 1:** PRINCIPAL FINANCIAL GROUP
- **CITY:** DES MOINES
- **STATE:** IA
- **ZIP:** 50392

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRINCIPAL VARIABLE CONTRACTS FUND INC
- **DATE OF NAME CHANGE:** 19980617

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRINCIPAL CAPITAL ACCUMULATION FUND INC
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRINCOR INVESTMENT FUND INC
- **DATE OF NAME CHANGE:** 19880906

## Series and Classes Contracts Data

### Short-Term Income Account (Series ID: S000014089)

| Class ID   | Class Name                        | Ticker Symbol   |
|:---|:---|:---|
| C000038541 | Short-Term Income Account Class 1 |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Principal Variable Contract Funds, Inc

- **b. Investment Company Act file number:** 811-01944

- **c. CIK number of Registrant:** 0000012601

- **d. LEI of Registrant:** ICS43THKTGQL3EQ10426

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

  - **Street Address 1:** 801 Grand Ave

  - **City:** Des Moines

  - **State:** IA

  - **Foreign country:** US

  - **Zip / Postal Code:** 50309

  - **Telephone number:** 515-235-1719

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

- **a. Name of Series:** Short-Term Income Account

- **b. EDGAR series identifier (if any):** S000014089

- **c. LEI of Series:** 3NC57XZ3EWJG4SIFX606

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

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-31

**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:** $134155994.24

**Total Liabilities:** $59631.61

**Net Assets:** $134096362.63

**Cash Not Reported:** $29570.90

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 929.61270000 | **1-Year:** 2538.25980000 | **5-Year:** 23226.13510000 | **10-Year:** 1389.63820000 | **30-Year:** 1041.03740000

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

- **3-Month:** 0.01320000 | **1-Year:** 0.03610000 | **5-Year:** 0.32990000 | **10-Year:** 0.01970000 | **30-Year:** 0.01480000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000038541 | -0.42%               | 1.27%                | 0.42%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1393.21                | $-556762.95                                |
| Month 2  | $-236592.52              | $1522282.94                                |
| Month 3  | $-78795.35               | $240511.00                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Sequoia Mortgage Trust 2021-4                                                   | Sequoia Mortgage Trust 2021-4                                                   | CUSIP: 81748WAD8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    605609 | PA      | $519965.51    | 0.39%             | 2051-06-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| Northwestern Mutual Global Funding                                              | Northwestern Mutual Global Funding                                              | CUSIP: 66815L2A6<br>LEI: 635400LZXFVELZDVP257 | Long             | DBT              | CORP              | US        |    500000 | PA      | $442336.08    | 0.33%             | 2026-01-14      | Fixed         | 0.80%                 | No            |                  2 | On Loan: No      |
| PerkinElmer Inc                                                                 | PerkinElmer Inc                                                                 | CUSIP: 714046AK5<br>LEI: 549300IKL1SDPFI7N655 | Long             | DBT              | CORP              | US        |    500000 | PA      | $484331.34    | 0.36%             | 2023-09-15      | Fixed         | 0.55%                 | No            |                  2 | On Loan: No      |
| Navient Private Education Refi Loan Trust 2021-A                                | Navient Private Education Refi Loan Trust 2021-A                                | CUSIP: 63942BAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    115472 | PA      | $99838.24     | 0.07%             | 2069-05-15      | Fixed         | 0.84%                 | No            |                  2 | On Loan: No      |
| Oaktree CLO 2019-4 Ltd                                                          | Oaktree CLO 2019-4 Ltd                                                          | CUSIP: 67402CAQ9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   1000000 | PA      | $974672.00    | 0.73%             | 2032-10-20      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Owner Trust 2021-REV1                                          | Ford Credit Auto Owner Trust 2021-REV1                                          | CUSIP: 345340AA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    250000 | PA      | $223256.63    | 0.17%             | 2033-10-17      | Fixed         | 1.37%                 | No            |                  2 | On Loan: No      |
| Crown Castle Towers LLC                                                         | Crown Castle Towers LLC                                                         | CUSIP: 22822RBD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $96871.94     | 0.07%             | 2045-05-15      | Fixed         | 3.66%                 | No            |                  2 | On Loan: No      |
| CHL Mortgage Pass-Through Trust 2003-46                                         | CHL Mortgage Pass-Through Trust 2003-46                                         | CUSIP: 12669EG67<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      9006 | PA      | $8279.96      | 0.01%             | 2034-01-19      | Variable      | 3.91%                 | No            |                  2 | On Loan: No      |
| Navient Private Education Refi Loan Trust 2020-D                                | Navient Private Education Refi Loan Trust 2020-D                                | CUSIP: 63941HAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    146772 | PA      | $131918.45    | 0.10%             | 2069-05-15      | Fixed         | 1.69%                 | No            |                  2 | On Loan: No      |
| NXP BV / NXP Funding LLC / NXP USA Inc                                          | NXP BV / NXP Funding LLC / NXP USA Inc                                          | CUSIP: 62954HAW8<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    200000 | PA      | $188246.32    | 0.14%             | 2025-05-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Southwestern Electric Power Co                                                  | Southwestern Electric Power Co                                                  | CUSIP: 845437BS0<br>LEI: R64UBJHEC74EB3HGQ410 | Long             | DBT              | CORP              | US        |    400000 | PA      | $357697.39    | 0.27%             | 2026-03-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| Credit Suisse First Boston Mortgage Securities Corp                             | Credit Suisse First Boston Mortgage Securities Corp                             | CUSIP: 2254W0HF5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       486 | PA      | $287.18       | 0.00%             | 2019-09-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group Inc/The                                                     | Goldman Sachs Group Inc/The                                                     | CUSIP: 38141GZE7<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    500000 | PA      | $482656.91    | 0.36%             | 2023-12-06      | Fixed         | 1.22%                 | No            |                  2 | On Loan: No      |
| CCG Receivables Trust 2021-1                                                    | CCG Receivables Trust 2021-1                                                    | CUSIP: 12510KAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    242188 | PA      | $234317.68    | 0.17%             | 2027-06-14      | Fixed         | 0.30%                 | No            |                  2 | On Loan: No      |
| Marathon CLO X Ltd                                                              | Marathon CLO X Ltd                                                              | CUSIP: 56578JAL6<br>LEI: 549300OFW6C351QTYH15 | Long             | ABS-O            | CORP              | KY        |    209941 | PA      | $206846.61    | 0.15%             | 2029-11-15      | Floating      | 5.61%                 | No            |                  2 | On Loan: No      |
| American Electric Power Co Inc                                                  | American Electric Power Co Inc                                                  | CUSIP: 025537AS0<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |    600000 | PA      | $597229.09    | 0.45%             | 2023-11-01      | Floating      | 4.92%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank AG/New York NY                                                    | Deutsche Bank AG/New York NY                                                    | CUSIP: 251526CM9<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    400000 | PA      | $384851.44    | 0.29%             | 2023-11-08      | Fixed         | 0.96%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust 2021-1                                                 | JP Morgan Mortgage Trust 2021-1                                                 | CUSIP: 46592EAF3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    323122 | PA      | $284208.17    | 0.21%             | 2051-06-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                            | Bank of America Corp                                                            | CUSIP: 06051GJK6<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    700000 | PA      | $622321.00    | 0.46%             | 2026-10-24      | Variable      | 1.20%                 | No            |                  2 | On Loan: No      |
| Barclays PLC                                                                    | Barclays PLC                                                                    | CUSIP: 06738EBU8<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    500000 | PA      | $432188.23    | 0.32%             | 2027-11-24      | Variable      | 2.28%                 | No            |                  2 | On Loan: No      |
| Bunge Ltd Finance Corp                                                          | Bunge Ltd Finance Corp                                                          | CUSIP: 120568BB5<br>LEI: 549300QHC068L40NNM71 | Long             | DBT              | CORP              | US        |    100000 | PA      | $91063.03     | 0.07%             | 2025-08-17      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| Nestle Holdings Inc                                                             | Nestle Holdings Inc                                                             | CUSIP: 641062AU8<br>LEI: 549300EAEU8YV8MQXP30 | Long             | DBT              | CORP              | US        |    500000 | PA      | $466080.25    | 0.35%             | 2024-09-14      | Fixed         | 0.61%                 | No            |                  2 | On Loan: No      |
| TPGI Trust 2021-DGWD                                                            | TPGI Trust 2021-DGWD                                                            | CUSIP: 87267HAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    950000 | PA      | $915140.80    | 0.68%             | 2026-06-15      | Floating      | 5.02%                 | No            |                  2 | On Loan: No      |
| Shackleton 2017-X CLO Ltd                                                       | Shackleton 2017-X CLO Ltd                                                       | CUSIP: 81883DAS2<br>LEI: 549300IM8C0HSUTXDD32 | Long             | ABS-O            | CORP              | KY        |    370182 | PA      | $364357.84    | 0.27%             | 2029-04-20      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| BX Commercial Mortgage Trust 2021-21M                                           | BX Commercial Mortgage Trust 2021-21M                                           | CUSIP: 05609CAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    279379 | PA      | $268430.45    | 0.20%             | 2036-10-15      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| MHP 2022-MHIL                                                                   | MHP 2022-MHIL                                                                   | CUSIP: 55293DAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    485829 | PA      | $465131.87    | 0.35%             | 2027-01-15      | Floating      | 5.15%                 | No            |                  2 | On Loan: No      |
| CubeSmart LP                                                                    | CubeSmart LP                                                                    | CUSIP: 22966RAC0<br>LEI: 549300MPHKO3I3FJRA97 | Long             | DBT              | CORP              | US        |     65000 | PA      | $62414.91     | 0.05%             | 2025-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Barclays PLC                                                                    | Barclays PLC                                                                    | CUSIP: 06738EBZ7<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    500000 | PA      | $496262.11    | 0.37%             | 2026-08-09      | Variable      | 5.30%                 | No            |                  2 | On Loan: No      |
| CF Hippolyta Issuer LLC                                                         | CF Hippolyta Issuer LLC                                                         | CUSIP: 12530MAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1665511 | PA      | $1440134.44   | 1.07%             | 2061-03-15      | Fixed         | 1.53%                 | No            |                  2 | On Loan: No      |
| Marathon CLO XIII Ltd                                                           | Marathon CLO XIII Ltd                                                           | CUSIP: 56579AAS9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    500000 | PA      | $491418.00    | 0.37%             | 2032-04-15      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| SBA Tower Trust                                                                 | SBA Tower Trust                                                                 | CUSIP: 78403DAP5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    125000 | PA      | $109934.79    | 0.08%             | 2050-07-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Commonbond Student Loan Trust 2021-A-GS                                         | Commonbond Student Loan Trust 2021-A-GS                                         | CUSIP: 20268WAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    289620 | PA      | $234402.96    | 0.17%             | 2052-03-25      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| Microchip Technology Inc                                                        | Microchip Technology Inc                                                        | CUSIP: 595017AP9<br>LEI: 5493007PTFULNYZJ1R12 | Long             | DBT              | CORP              | US        |    200000 | PA      | $199145.83    | 0.15%             | 2023-06-01      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| BX Commercial Mortgage Trust 2021-VINO                                          | BX Commercial Mortgage Trust 2021-VINO                                          | CUSIP: 05608KAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    200000 | PA      | $192535.04    | 0.14%             | 2038-05-15      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| MVW Owner Trust 2018-1                                                          | MVW Owner Trust 2018-1                                                          | CUSIP: 62848BAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     92123 | PA      | $89220.33     | 0.07%             | 2036-01-21      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| SLM Private Credit Student Loan Trust 2004-B                                    | SLM Private Credit Student Loan Trust 2004-B                                    | CUSIP: 78443CBN3<br>LEI: 549300HIOV1ESFZYQ040 | Long             | ABS-O            | CORP              | US        |     37594 | PA      | $37481.49     | 0.03%             | 2024-03-15      | Floating      | 5.10%                 | No            |                  2 | On Loan: No      |
| Navient Private Education Refi Loan Trust 2019-A                                | Navient Private Education Refi Loan Trust 2019-A                                | CUSIP: 63941BAB1<br>LEI: 549300ZUZB9UCBWEBN39 | Long             | ABS-O            | CORP              | US        |     27568 | PA      | $26343.58     | 0.02%             | 2043-01-15      | Fixed         | 3.42%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                   | Citigroup Inc                                                                   | CUSIP: 172967GT2<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    250000 | PA      | $248792.88    | 0.19%             | 2023-05-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                             | Futures                                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | N/A       |        12 | NC      | $-7054.88     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Entergy Louisiana LLC                                                           | Entergy Louisiana LLC                                                           | CUSIP: 29364WBF4<br>LEI: 0V5453U14HDZO63CGH17 | Long             | DBT              | CORP              | US        |     91000 | PA      | $87612.47     | 0.07%             | 2023-11-17      | Fixed         | 0.62%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                                 | Fannie Mae Pool                                                                 | CUSIP: 31405DLY1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      3189 | PA      | $3133.57      | 0.00%             | 2034-07-01      | Floating      | 3.83%                 | No            |                  2 | On Loan: No      |
| Keycorp Student Loan Trust 2000-b                                               | Keycorp Student Loan Trust 2000-b                                               | CUSIP: 493268AY2<br>LEI: 54930014YCW3N7EGPE85 | Long             | ABS-O            | CORP              | US        |     17143 | PA      | $17111.25     | 0.01%             | 2029-07-25      | Floating      | 4.67%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Owner Trust 2018-REV2                                          | Ford Credit Auto Owner Trust 2018-REV2                                          | CUSIP: 34528HAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    800000 | PA      | $789121.68    | 0.59%             | 2030-01-15      | Fixed         | 3.47%                 | No            |                  2 | On Loan: No      |
| Navistar Financial Dealer Note Master Owner Trust II                            | Navistar Financial Dealer Note Master Owner Trust II                            | CUSIP: 63938PBR9<br>LEI: 549300S28N49H5RT4J50 | Long             | ABS-O            | CORP              | US        |    800000 | PA      | $802087.84    | 0.60%             | 2027-05-25      | Floating      | 5.19%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities Corp Trust 2021-PJ3                               | GS Mortgage-Backed Securities Corp Trust 2021-PJ3                               | CUSIP: 36262AAF1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    118353 | PA      | $102225.92    | 0.08%             | 2051-08-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| NatWest Group PLC                                                               | NatWest Group PLC                                                               | CUSIP: 780097BK6<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    250000 | PA      | $244469.71    | 0.18%             | 2025-03-22      | Variable      | 4.27%                 | No            |                  2 | On Loan: No      |
| NatWest Markets PLC                                                             | NatWest Markets PLC                                                             | CUSIP: 63906YAD0<br>LEI: RR3QWICWWIPCS8A4S074 | Long             | DBT              | CORP              | GB        |    750000 | PA      | $651221.42    | 0.49%             | 2026-09-29      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co                                                                | Wells Fargo & Co                                                                | CUSIP: 95000U2H5<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    500000 | PA      | $472838.04    | 0.35%             | 2025-10-30      | Variable      | 2.41%                 | No            |                  2 | On Loan: No      |
| Principal Government Money Market Fund - Class R-6                              | Principal Government Money Market Fund - Class R-6                              | CUSIP: 74257B639<br>LEI: N/A                  | Long             | STIV             | RF                | US        |    755062 | NS      | $755062.39    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Ginnie Mae                                                                      | Ginnie Mae                                                                      | CUSIP: 38378KQC6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | CORP              | US        |   2588543 | PA      | $16246.22     | 0.01%             | 2055-01-16      | Variable      | 0.32%                 | No            |                  2 | On Loan: No      |
| United States Treasury Note/Bond                                                | United States Treasury Note/Bond                                                | CUSIP: 9128283F5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3400000 | PA      | $3133046.89   | 2.34%             | 2027-11-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| American Electric Power Co Inc                                                  | American Electric Power Co Inc                                                  | CUSIP: 025537AK7<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |    350000 | PA      | $337464.77    | 0.25%             | 2024-03-15      | Fixed         | 2.03%                 | No            |                  2 | On Loan: No      |
| Toyota Auto Loan Extended Note Trust 2020-1                                     | Toyota Auto Loan Extended Note Trust 2020-1                                     | CUSIP: 89237JAA4<br>LEI: 549300XP7ILZSI1BWP36 | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $182966.36    | 0.14%             | 2033-05-25      | Fixed         | 1.35%                 | No            |                  2 | On Loan: No      |
| SBA Tower Trust                                                                 | SBA Tower Trust                                                                 | CUSIP: 78403DAT7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $424639.10    | 0.32%             | 2051-05-15      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| MVW 2021-1W LLC                                                                 | MVW 2021-1W LLC                                                                 | CUSIP: 55389TAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     56796 | PA      | $51862.23     | 0.04%             | 2041-01-22      | Fixed         | 1.14%                 | No            |                  2 | On Loan: No      |
| CCG Receivables Trust 2020-1                                                    | CCG Receivables Trust 2020-1                                                    | CUSIP: 12509DAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     68417 | PA      | $67087.24     | 0.05%             | 2027-12-14      | Fixed         | 0.54%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust 2020-4                                                   | Sequoia Mortgage Trust 2020-4                                                   | CUSIP: 81748RAE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    156927 | PA      | $140490.17    | 0.10%             | 2050-11-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| Navient Private Education Refi Loan Trust 2020-H                                | Navient Private Education Refi Loan Trust 2020-H                                | CUSIP: 63935BAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    114637 | PA      | $102883.71    | 0.08%             | 2069-01-15      | Fixed         | 1.31%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings Inc                                             | NextEra Energy Capital Holdings Inc                                             | CUSIP: 65339KBX7<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    800000 | PA      | $796723.10    | 0.59%             | 2023-11-03      | Floating      | 4.47%                 | No            |                  2 | On Loan: No      |
| Verizon Communications Inc                                                      | Verizon Communications Inc                                                      | CUSIP: 92343VGE8<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    600000 | PA      | $584884.60    | 0.44%             | 2026-03-20      | Floating      | 5.09%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                                 | Fannie Mae Pool                                                                 | CUSIP: 31401G5B6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      6744 | PA      | $6692.66      | 0.00%             | 2033-04-01      | Floating      | 4.02%                 | No            |                  2 | On Loan: No      |
| Crown Castle Inc                                                                | Crown Castle Inc                                                                | CUSIP: 22822VAS0<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |    250000 | PA      | $227426.81    | 0.17%             | 2025-07-15      | Fixed         | 1.35%                 | No            |                  2 | On Loan: No      |
| Apple Inc                                                                       | Apple Inc                                                                       | CUSIP: 037833DT4<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1104781.43   | 0.82%             | 2025-05-11      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co                                                                | Wells Fargo & Co                                                                | CUSIP: 95000U2K8<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    200000 | PA      | $186446.61    | 0.14%             | 2026-02-11      | Variable      | 2.16%                 | No            |                  2 | On Loan: No      |
| AMMC CLO 15 Ltd                                                                 | AMMC CLO 15 Ltd                                                                 | CUSIP: 00175MBN9<br>LEI: 549300D0GYBG49KJD582 | Long             | ABS-O            | CORP              | KY        |    600000 | PA      | $589740.60    | 0.44%             | 2032-01-15      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| Graphic Packaging International LLC                                             | Graphic Packaging International LLC                                             | CUSIP: 38869PAP9<br>LEI: SO75N4VY5NXGQSK8YQ65 | Long             | DBT              | CORP              | US        |    200000 | PA      | $174461.43    | 0.13%             | 2026-04-15      | Fixed         | 1.51%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                  | Morgan Stanley                                                                  | CUSIP: 61772BAB9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    250000 | PA      | $219308.61    | 0.16%             | 2027-05-04      | Variable      | 1.59%                 | No            |                  2 | On Loan: No      |
| DTE Energy Co                                                                   | DTE Energy Co                                                                   | CUSIP: 233331BG1<br>LEI: 549300IX8SD6XXD71I78 | Long             | DBT              | CORP              | US        |    100000 | PA      | $90576.33     | 0.07%             | 2025-06-01      | Fixed         | 1.05%                 | No            |                  2 | On Loan: No      |
| eBay Inc                                                                        | eBay Inc                                                                        | CUSIP: 278642AX1<br>LEI: OML71K8X303XQONU6T67 | Long             | DBT              | CORP              | US        |    500000 | PA      | $443387.41    | 0.33%             | 2026-05-10      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Trust 2021-E                                         | SMB Private Education Loan Trust 2021-E                                         | CUSIP: 78450MAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    544862 | PA      | $491582.98    | 0.37%             | 2051-02-15      | Fixed         | 1.68%                 | No            |                  2 | On Loan: No      |
| Chevron USA Inc                                                                 | Chevron USA Inc                                                                 | CUSIP: 166756AE6<br>LEI: VA8TZDWPEZYU430RZ444 | Long             | DBT              | CORP              | US        |    400000 | PA      | $361499.71    | 0.27%             | 2025-08-12      | Fixed         | 0.69%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group Inc/The                                                     | Goldman Sachs Group Inc/The                                                     | CUSIP: 38141GZU1<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    500000 | PA      | $479207.26    | 0.36%             | 2028-08-23      | Variable      | 4.48%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                                 | Fannie Mae Pool                                                                 | CUSIP: 31404XEH3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      2370 | PA      | $2388.07      | 0.00%             | 2034-08-01      | Floating      | 3.81%                 | No            |                  2 | On Loan: No      |
| PFS Financing Corp                                                              | PFS Financing Corp                                                              | CUSIP: 69335PDZ5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    250000 | PA      | $235232.45    | 0.18%             | 2026-04-15      | Fixed         | 0.71%                 | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                                                  | BNP Paribas SA                                                                  | CUSIP: 09659W2E3<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    250000 | PA      | $249385.09    | 0.19%             | 2023-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| World Omni Auto Receivables Trust 2022-A                                        | World Omni Auto Receivables Trust 2022-A                                        | CUSIP: 98164GAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    471429 | PA      | $465250.88    | 0.35%             | 2025-04-15      | Fixed         | 1.15%                 | No            |                  2 | On Loan: No      |
| Athene Global Funding                                                           | Athene Global Funding                                                           | CUSIP: 04685A3F6<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |    400000 | PA      | $369044.51    | 0.28%             | 2025-01-07      | Fixed         | 1.72%                 | No            |                  2 | On Loan: No      |
| Guardian Life Global Funding                                                    | Guardian Life Global Funding                                                    | CUSIP: 40139LAG8<br>LEI: 635400NHILJ5JEKILC36 | Long             | DBT              | CORP              | US        |    550000 | PA      | $498152.96    | 0.37%             | 2025-06-23      | Fixed         | 1.10%                 | No            |                  2 | On Loan: No      |
| Cold Storage Trust 2020-ICE5                                                    | Cold Storage Trust 2020-ICE5                                                    | CUSIP: 193051AA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    589794 | PA      | $573503.73    | 0.43%             | 2037-11-15      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| Arbor Multifamily Mortgage Securities Trust 2022-MF4                            | Arbor Multifamily Mortgage Securities Trust 2022-MF4                            | CUSIP: 03882LAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    545000 | PA      | $501764.71    | 0.37%             | 2055-02-15      | Variable      | 3.27%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                   | Citigroup Inc                                                                   | CUSIP: 172967MT5<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    400000 | PA      | $383263.54    | 0.29%             | 2024-10-30      | Variable      | 0.78%                 | No            |                  2 | On Loan: No      |
| Bank of New York Mellon Corp/The                                                | Bank of New York Mellon Corp/The                                                | CUSIP: 06406RAT4<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    500000 | PA      | $496550.97    | 0.37%             | 2024-04-26      | Floating      | 4.59%                 | No            |                  2 | On Loan: No      |
| AES Corp/The                                                                    | AES Corp/The                                                                    | CUSIP: 00130HCE3<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | DBT              | CORP              | US        |    400000 | PA      | $355195.47    | 0.26%             | 2026-01-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| Omega Healthcare Investors Inc                                                  | Omega Healthcare Investors Inc                                                  | CUSIP: 681936BD1<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | DBT              | CORP              | US        |    269000 | PA      | $261376.90    | 0.19%             | 2025-01-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fifth Third Bancorp                                                             | Fifth Third Bancorp                                                             | CUSIP: 316773CP3<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | DBT              | CORP              | US        |    400000 | PA      | $395822.30    | 0.30%             | 2024-01-16      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Commonbond Student Loan Trust 2018-BGS                                          | Commonbond Student Loan Trust 2018-BGS                                          | CUSIP: 20268MAA4<br>LEI: 549300EJIXF1G1X7PN20 | Long             | ABS-O            | CORP              | US        |     74693 | PA      | $70028.70     | 0.05%             | 2045-09-25      | Fixed         | 3.56%                 | No            |                  2 | On Loan: No      |
| Black Hills Corp                                                                | Black Hills Corp                                                                | CUSIP: 092113AH2<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | DBT              | CORP              | US        |    750000 | PA      | $745776.72    | 0.56%             | 2023-11-30      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SBA Tower Trust                                                                 | SBA Tower Trust                                                                 | CUSIP: 78403DAR1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    653000 | PA      | $546605.99    | 0.41%             | 2052-07-15      | Fixed         | 2.33%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivables Trust 2022-2                                    | Westlake Automobile Receivables Trust 2022-2                                    | CUSIP: 96042VAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    497842 | PA      | $495292.16    | 0.37%             | 2025-08-15      | Floating      | 4.94%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                            | Bank of America Corp                                                            | CUSIP: 06051GJD2<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    600000 | PA      | $540297.02    | 0.40%             | 2026-06-19      | Variable      | 1.32%                 | No            |                  2 | On Loan: No      |
| Sprint Spectrum Co LLC / Sprint Spectrum Co II LLC / Sprint Spectrum Co III LLC | Sprint Spectrum Co LLC / Sprint Spectrum Co II LLC / Sprint Spectrum Co III LLC | CUSIP: 85208NAE0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $492763.35    | 0.37%             | 2028-03-20      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| KKR Lending Partners III Clo LLC                                                | KKR Lending Partners III Clo LLC                                                | CUSIP: 48254VAA1<br>LEI: 549300KGGQDLBSF70122 | Long             | ABS-O            | CORP              | US        |    336913 | PA      | $332948.94    | 0.25%             | 2030-10-20      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| Navient Private Education Refi Loan Trust 2021-B                                | Navient Private Education Refi Loan Trust 2021-B                                | CUSIP: 63942LAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    855153 | PA      | $722251.63    | 0.54%             | 2069-07-15      | Fixed         | 0.94%                 | No            |                  2 | On Loan: No      |
| CDW LLC / CDW Finance Corp                                                      | CDW LLC / CDW Finance Corp                                                      | CUSIP: 12513GBG3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    400000 | PA      | $355127.20    | 0.26%             | 2026-12-01      | Fixed         | 2.67%                 | No            |                  2 | On Loan: No      |
| Public Service Enterprise Group Inc                                             | Public Service Enterprise Group Inc                                             | CUSIP: 744573AN6<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96573.06     | 0.07%             | 2024-06-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivables Trust 2021-2                                    | Westlake Automobile Receivables Trust 2021-2                                    | CUSIP: 96042RAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    253328 | PA      | $250668.99    | 0.19%             | 2025-04-15      | Fixed         | 0.32%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Trust 2021-A                                         | SMB Private Education Loan Trust 2021-A                                         | CUSIP: 78448YAJ0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    181445 | PA      | $155582.19    | 0.12%             | 2053-01-15      | Fixed         | 1.07%                 | No            |                  2 | On Loan: No      |
| Evergy Inc                                                                      | Evergy Inc                                                                      | CUSIP: 30034WAA4<br>LEI: 549300PGTHDQY6PSUI61 | Long             | DBT              | CORP              | US        |    200000 | PA      | $189872.96    | 0.14%             | 2024-09-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| Kinder Morgan Inc                                                               | Kinder Morgan Inc                                                               | CUSIP: 49456BAN1<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |    500000 | PA      | $499990.57    | 0.37%             | 2023-01-15      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| Keurig Dr Pepper Inc                                                            | Keurig Dr Pepper Inc                                                            | CUSIP: 49271VAL4<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |    600000 | PA      | $569554.63    | 0.42%             | 2024-03-15      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Trust 2022-C                                         | SMB Private Education Loan Trust 2022-C                                         | CUSIP: 78449CAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    457298 | PA      | $437310.51    | 0.33%             | 2050-05-16      | Fixed         | 4.48%                 | No            |                  2 | On Loan: No      |
| Metropolitan Life Global Funding I                                              | Metropolitan Life Global Funding I                                              | CUSIP: 59217GCT4<br>LEI: 635400MMSOCXNNNZDZ82 | Long             | DBT              | CORP              | US        |    600000 | PA      | $590871.12    | 0.44%             | 2024-01-11      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Exxon Mobil Corp                                                                | Exxon Mobil Corp                                                                | CUSIP: 30231GBL5<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148593.84    | 0.11%             | 2023-04-15      | Fixed         | 1.57%                 | No            |                  2 | On Loan: No      |
| CPS Auto Receivables Trust 2022-B                                               | CPS Auto Receivables Trust 2022-B                                               | CUSIP: 12663BAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1281001 | PA      | $1257598.37   | 0.94%             | 2026-06-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                  | Morgan Stanley                                                                  | CUSIP: 61747YEK7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    300000 | PA      | $266565.93    | 0.20%             | 2028-01-21      | Variable      | 2.48%                 | No            |                  2 | On Loan: No      |
| SLM Private Credit Student Loan Trust 2004-A                                    | SLM Private Credit Student Loan Trust 2004-A                                    | CUSIP: 78443CBH6<br>LEI: 54930054KUX5HFXZUQ43 | Long             | ABS-O            | CORP              | US        |     48110 | PA      | $46360.38     | 0.03%             | 2033-06-15      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group Inc/The                                                     | Goldman Sachs Group Inc/The                                                     | CUSIP: 38141GZK3<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    300000 | PA      | $267115.61    | 0.20%             | 2028-02-24      | Variable      | 2.64%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivables Trust 2021-1                                    | Westlake Automobile Receivables Trust 2021-1                                    | CUSIP: 96043FAD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    250000 | PA      | $246116.45    | 0.18%             | 2026-03-16      | Fixed         | 0.64%                 | No            |                  2 | On Loan: No      |
| Novartis Capital Corp                                                           | Novartis Capital Corp                                                           | CUSIP: 66989HAP3<br>LEI: 5493002KF87V5RSRQS84 | Long             | DBT              | CORP              | US        |    300000 | PA      | $282744.30    | 0.21%             | 2025-02-14      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                        | AT&T Inc                                                                        | CUSIP: 00206RFY3<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    250000 | PA      | $250060.86    | 0.19%             | 2023-02-15      | Floating      | 5.54%                 | No            |                  2 | On Loan: No      |
| First Republic Bank/CA                                                          | First Republic Bank/CA                                                          | CUSIP: 33616CHQ6<br>LEI: YWC0TIKBQM2JV8L4IV08 | Long             | DBT              | CORP              | US        |    250000 | PA      | $248983.77    | 0.19%             | 2024-02-12      | Variable      | 1.91%                 | No            |                  2 | On Loan: No      |
| Southeast Supply Header LLC                                                     | Southeast Supply Header LLC                                                     | CUSIP: 841504AB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $185856.00    | 0.14%             | 2024-06-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Bayer US Finance II LLC                                                         | Bayer US Finance II LLC                                                         | CUSIP: 07274NAE3<br>LEI: 529900XWNEXYNJ3X6T40 | Long             | DBT              | CORP              | US        |    200000 | PA      | $197105.15    | 0.15%             | 2023-12-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| T-Mobile US Trust 2022-1                                                        | T-Mobile US Trust 2022-1                                                        | CUSIP: 87267WAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1500000 | PA      | $1497505.95   | 1.12%             | 2028-05-22      | Fixed         | 4.91%                 | No            |                  2 | On Loan: No      |
| NiSource Inc                                                                    | NiSource Inc                                                                    | CUSIP: 65473PAK1<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |    400000 | PA      | $360597.66    | 0.27%             | 2025-08-15      | Fixed         | 0.95%                 | No            |                  2 | On Loan: No      |
| Life 2022-BMR Mortgage Trust                                                    | Life 2022-BMR Mortgage Trust                                                    | CUSIP: 53218DAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    800000 | PA      | $779957.68    | 0.58%             | 2039-05-15      | Floating      | 5.63%                 | No            |                  2 | On Loan: No      |
| Bank of Nova Scotia/The                                                         | Bank of Nova Scotia/The                                                         | CUSIP: 0641598K5<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    307000 | PA      | $268159.17    | 0.20%             | 2026-09-15      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| Tucson Electric Power Co                                                        | Tucson Electric Power Co                                                        | CUSIP: 898813AP5<br>LEI: YLF139GXSRKPBBTNZL03 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95780.82     | 0.07%             | 2025-03-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding XVIII Ltd                                                  | Madison Park Funding XVIII Ltd                                                  | CUSIP: 55819BAW0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    500000 | PA      | $491644.00    | 0.37%             | 2030-10-21      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| OneMain Direct Auto Receivables Trust 2021-1                                    | OneMain Direct Auto Receivables Trust 2021-1                                    | CUSIP: 682687AA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    750000 | PA      | $693528.83    | 0.52%             | 2028-07-14      | Fixed         | 0.87%                 | No            |                  2 | On Loan: No      |
| Navient Private Education Refi Loan Trust 2020-G                                | Navient Private Education Refi Loan Trust 2020-G                                | CUSIP: 63941UAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    170157 | PA      | $150919.32    | 0.11%             | 2069-09-16      | Fixed         | 1.17%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Mortgage Backed Securities 2021-1 Trust                             | Wells Fargo Mortgage Backed Securities 2021-1 Trust                             | CUSIP: 95003AAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     70719 | PA      | $61446.66     | 0.05%             | 2050-12-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                  | Morgan Stanley                                                                  | CUSIP: 6174468W2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    750000 | PA      | $744969.31    | 0.56%             | 2024-01-25      | Variable      | 0.53%                 | No            |                  2 | On Loan: No      |
| Omega Healthcare Investors Inc                                                  | Omega Healthcare Investors Inc                                                  | CUSIP: 681936BB5<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | DBT              | CORP              | US        |    250000 | PA      | $246327.22    | 0.18%             | 2024-04-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| BX 2021-LBA3 Mortgage Trust                                                     | BX 2021-LBA3 Mortgage Trust                                                     | CUSIP: 05609PAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $239967.35    | 0.18%             | 2036-10-15      | Floating      | 5.01%                 | No            |                  2 | On Loan: No      |
| Societe Generale SA                                                             | Societe Generale SA                                                             | CUSIP: 83368RAV4<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |    300000 | PA      | $282041.54    | 0.21%             | 2025-01-22      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group Inc/The                                                     | Goldman Sachs Group Inc/The                                                     | CUSIP: 38141GXN9<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    600000 | PA      | $577435.11    | 0.43%             | 2026-12-09      | Floating      | 5.10%                 | No            |                  2 | On Loan: No      |
| JDE Peet's NV                                                                   | JDE Peet's NV                                                                   | CUSIP: 47216QAA1<br>LEI: 724500EHG519SE5ZRT89 | Long             | DBT              | CORP              | NL        |    500000 | PA      | $456672.35    | 0.34%             | 2024-09-24      | Fixed         | 0.80%                 | No            |                  2 | On Loan: No      |
| Emera US Finance LP                                                             | Emera US Finance LP                                                             | CUSIP: 29103DAS5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    395000 | PA      | $368602.55    | 0.27%             | 2024-06-15      | Fixed         | 0.83%                 | No            |                  2 | On Loan: No      |
| Trafigura Securitisation Finance PLC 2021-1                                     | Trafigura Securitisation Finance PLC 2021-1                                     | CUSIP: 892725AS1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | IE        |    600000 | PA      | $551231.40    | 0.41%             | 2025-01-15      | Fixed         | 1.08%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Non Gold Pool                                                       | Freddie Mac Non Gold Pool                                                       | CUSIP: 3128Q2G80<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |      5569 | PA      | $5635.25      | 0.00%             | 2035-09-01      | Floating      | 3.17%                 | No            |                  2 | On Loan: No      |
| Xcel Energy Inc                                                                 | Xcel Energy Inc                                                                 | CUSIP: 98389BAZ3<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | DBT              | CORP              | US        |    500000 | PA      | $481853.64    | 0.36%             | 2023-10-15      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury Note/Bond                                                | United States Treasury Note/Bond                                                | CUSIP: 912828X88<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5800000 | PA      | $5407367.20   | 4.03%             | 2027-05-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Paramount Global                                                                | Paramount Global                                                                | CUSIP: 92556HAA5<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    200000 | PA      | $196895.42    | 0.15%             | 2025-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| KeyBank NA/Cleveland OH                                                         | KeyBank NA/Cleveland OH                                                         | CUSIP: 49327M3F9<br>LEI: HUX2X73FUCYHUVH1BK78 | Long             | DBT              | CORP              | US        |    600000 | PA      | $619308.17    | 0.46%             | 2027-11-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| KKR CLO 18 Ltd                                                                  | KKR CLO 18 Ltd                                                                  | CUSIP: 48251JAL7<br>LEI: 54930088PYF0FHKY5C94 | Long             | ABS-O            | CORP              | KY        |    943132 | PA      | $931224.15    | 0.69%             | 2030-07-18      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| PFS Financing Corp                                                              | PFS Financing Corp                                                              | CUSIP: 69335PDX0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    350000 | PA      | $330213.49    | 0.25%             | 2026-02-15      | Fixed         | 0.97%                 | No            |                  2 | On Loan: No      |
| HCA Inc                                                                         | HCA Inc                                                                         | CUSIP: 404119BT5<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $987929.52    | 0.74%             | 2026-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                            | Bank of America Corp                                                            | CUSIP: 06051GJG5<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1150469.61   | 0.86%             | 2025-09-25      | Variable      | 0.98%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae                                                                      | Ginnie Mae                                                                      | CUSIP: 38378N2L6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | CORP              | US        |    998394 | PA      | $9162.36      | 0.01%             | 2055-09-16      | Variable      | 0.32%                 | No            |                  2 | On Loan: No      |
| ELP Commercial Mortgage Trust 2021-ELP                                          | ELP Commercial Mortgage Trust 2021-ELP                                          | CUSIP: 26863LAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $719891.85    | 0.54%             | 2038-11-15      | Floating      | 5.02%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Group AG                                                          | Credit Suisse Group AG                                                          | CUSIP: 225401AG3<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |    850000 | PA      | $828742.38    | 0.62%             | 2024-06-12      | Variable      | 4.21%                 | No            |                  2 | On Loan: No      |
| Delta Air Lines Inc / SkyMiles IP Ltd                                           | Delta Air Lines Inc / SkyMiles IP Ltd                                           | CUSIP: 830867AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    229000 | PA      | $223408.23    | 0.17%             | 2025-10-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities Corp Trust 2020-PJ3                               | GS Mortgage-Backed Securities Corp Trust 2020-PJ3                               | CUSIP: 36258WAF9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      3585 | PA      | $3514.03      | 0.00%             | 2050-10-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Commonbond Student Loan Trust 2021-B-GS                                         | Commonbond Student Loan Trust 2021-B-GS                                         | CUSIP: 20268AAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    372700 | PA      | $302483.07    | 0.23%             | 2051-09-25      | Fixed         | 1.17%                 | No            |                  2 | On Loan: No      |
| Oceanview Mortgage Trust 2021-3                                                 | Oceanview Mortgage Trust 2021-3                                                 | CUSIP: 67647VAD1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    418539 | PA      | $359350.74    | 0.27%             | 2051-06-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| Lake Shore MM CLO III LLC                                                       | Lake Shore MM CLO III LLC                                                       | CUSIP: 510760AA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   1000000 | PA      | $977456.00    | 0.73%             | 2031-10-17      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| Laurel Road Prime Student Loan Trust 2019-A                                     | Laurel Road Prime Student Loan Trust 2019-A                                     | CUSIP: 51889RAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     10015 | PA      | $9696.60      | 0.01%             | 2048-10-25      | Fixed         | 2.34%                 | No            |                  2 | On Loan: No      |
| Verizon Master Trust                                                            | Verizon Master Trust                                                            | CUSIP: 92348KBC6<br>LEI: 5493007MUBNP1GFMEB89 | Long             | ABS-O            | CORP              | US        |    550000 | PA      | $552984.58    | 0.41%             | 2027-11-22      | Variable      | 5.23%                 | No            |                  2 | On Loan: No      |
| Canadian Pacific Railway Co                                                     | Canadian Pacific Railway Co                                                     | CUSIP: 13645RBD5<br>LEI: 54930036474DURYNB481 | Long             | DBT              | CORP              | CA        |    350000 | PA      | $326235.40    | 0.24%             | 2024-12-02      | Fixed         | 1.35%                 | No            |                  2 | On Loan: No      |
| Chevron USA Inc                                                                 | Chevron USA Inc                                                                 | CUSIP: 166756AJ5<br>LEI: VA8TZDWPEZYU430RZ444 | Long             | DBT              | CORP              | US        |    300000 | PA      | $291696.91    | 0.22%             | 2023-08-11      | Fixed         | 0.43%                 | No            |                  2 | On Loan: No      |
| NatWest Markets PLC                                                             | NatWest Markets PLC                                                             | CUSIP: 63906YAB4<br>LEI: RR3QWICWWIPCS8A4S074 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $185295.03    | 0.14%             | 2024-08-12      | Fixed         | 0.80%                 | No            |                  2 | On Loan: No      |
| American Tower Trust #1                                                         | American Tower Trust #1                                                         | CUSIP: 03027WAJ1<br>LEI: 5493004YGM0MQZJOEJ36 | Long             | DBT              | CORP              | US        |   1225000 | PA      | $1218141.47   | 0.91%             | 2048-03-15      | Fixed         | 3.07%                 | No            |                  2 | On Loan: No      |
| Graphic Packaging International LLC                                             | Graphic Packaging International LLC                                             | CUSIP: 38869PAN4<br>LEI: SO75N4VY5NXGQSK8YQ65 | Long             | DBT              | CORP              | US        |    300000 | PA      | $280763.45    | 0.21%             | 2024-04-15      | Fixed         | 0.82%                 | No            |                  2 | On Loan: No      |
| BX Commercial Mortgage Trust 2021-SOAR                                          | BX Commercial Mortgage Trust 2021-SOAR                                          | CUSIP: 05608WAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    297745 | PA      | $286778.93    | 0.21%             | 2038-06-15      | Floating      | 4.99%                 | No            |                  2 | On Loan: No      |
| Roper Technologies Inc                                                          | Roper Technologies Inc                                                          | CUSIP: 776743AM8<br>LEI: 54930003T4SXCIWVXY35 | Long             | DBT              | CORP              | US        |    300000 | PA      | $268788.85    | 0.20%             | 2025-09-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| PFS Financing Corp                                                              | PFS Financing Corp                                                              | CUSIP: 69335PEF8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $939037.60    | 0.70%             | 2027-02-15      | Fixed         | 2.47%                 | No            |                  2 | On Loan: No      |
| Guardian Life Global Funding                                                    | Guardian Life Global Funding                                                    | CUSIP: 40139LBC6<br>LEI: 635400NHILJ5JEKILC36 | Long             | DBT              | CORP              | US        |    500000 | PA      | $441579.34    | 0.33%             | 2025-12-10      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| Vistra Operations Co LLC                                                        | Vistra Operations Co LLC                                                        | CUSIP: 92840VAG7<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    500000 | PA      | $455910.84    | 0.34%             | 2027-01-30      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Alliant Energy Finance LLC                                                      | Alliant Energy Finance LLC                                                      | CUSIP: 01882YAC0<br>LEI: 54930033ER6EOI5DL570 | Long             | DBT              | CORP              | US        |    150000 | PA      | $130206.66    | 0.10%             | 2026-03-15      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                        | AT&T Inc                                                                        | CUSIP: 00206RML3<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    600000 | PA      | $540718.20    | 0.40%             | 2026-03-25      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                                 | Fannie Mae Pool                                                                 | CUSIP: 31402DLW8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      8899 | PA      | $8698.75      | 0.01%             | 2037-02-01      | Floating      | 3.22%                 | No            |                  2 | On Loan: No      |
| BX Trust 2021-LGCY                                                              | BX Trust 2021-LGCY                                                              | CUSIP: 12434DAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $715669.58    | 0.53%             | 2036-10-15      | Floating      | 4.82%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                                                                    | UBS Group AG                                                                    | CUSIP: 902613AR9<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    750000 | PA      | $737119.65    | 0.55%             | 2025-08-05      | Variable      | 4.49%                 | No            |                  2 | On Loan: No      |
| Martin Marietta Materials Inc                                                   | Martin Marietta Materials Inc                                                   | CUSIP: 573284AN6<br>LEI: 5299005MZ4WZECVATV08 | Long             | DBT              | CORP              | US        |    309000 | PA      | $304848.67    | 0.23%             | 2024-07-02      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Buckeye Partners LP                                                             | Buckeye Partners LP                                                             | CUSIP: 118230AK7<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |    400000 | PA      | $392986.62    | 0.29%             | 2023-07-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Commonbond Student Loan Trust 2018-C-GS                                         | Commonbond Student Loan Trust 2018-C-GS                                         | CUSIP: 20267XAA1<br>LEI: 549300O1CSZVJJTIR319 | Long             | ABS-O            | CORP              | US        |     85277 | PA      | $81705.73     | 0.06%             | 2046-02-25      | Fixed         | 3.87%                 | No            |                  2 | On Loan: No      |
| American Tower Trust #1                                                         | American Tower Trust #1                                                         | CUSIP: 03027WAK8<br>LEI: 5493004YGM0MQZJOEJ36 | Long             | DBT              | CORP              | US        |    270000 | PA      | $244223.51    | 0.18%             | 2048-03-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| BX Commercial Mortgage Trust 2021-ACNT                                          | BX Commercial Mortgage Trust 2021-ACNT                                          | CUSIP: 05609QAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    400000 | PA      | $384803.68    | 0.29%             | 2038-11-15      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae                                                                      | Ginnie Mae                                                                      | CUSIP: 38378NYX5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | CORP              | US        |    425887 | PA      | $2649.95      | 0.00%             | 2054-01-16      | Variable      | 0.31%                 | No            |                  2 | On Loan: No      |
| Parliament Funding II ltd                                                       | Parliament Funding II ltd                                                       | CUSIP: 70163QAE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    400000 | PA      | $390949.20    | 0.29%             | 2031-10-20      | Floating      | 5.49%                 | No            |                  2 | On Loan: No      |
| Navient Private Education Refi Loan Trust 2021-E                                | Navient Private Education Refi Loan Trust 2021-E                                | CUSIP: 63942EAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    371682 | PA      | $311365.06    | 0.23%             | 2069-12-16      | Fixed         | 0.97%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Capital Certificates 2019-ICE4                           | Credit Suisse Mortgage Capital Certificates 2019-ICE4                           | CUSIP: 12653VAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    200000 | PA      | $197793.34    | 0.15%             | 2036-05-15      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| Raytheon Technologies Corp                                                      | Raytheon Technologies Corp                                                      | CUSIP: 75513ECG4<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |    250000 | PA      | $245134.12    | 0.18%             | 2024-03-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| SLM Private Credit Student Loan Trust 2006-A                                    | SLM Private Credit Student Loan Trust 2006-A                                    | CUSIP: 78443CCL6<br>LEI: 549300I2YWZ9E1B0EY33 | Long             | ABS-O            | CORP              | US        |    409644 | PA      | $385482.87    | 0.29%             | 2039-06-15      | Floating      | 5.06%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Securities Trust 2021-MHC                   | JP Morgan Chase Commercial Mortgage Securities Trust 2021-MHC                   | CUSIP: 466330AA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    188979 | PA      | $183996.00    | 0.14%             | 2038-04-15      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| Metropolitan Life Global Funding I                                              | Metropolitan Life Global Funding I                                              | CUSIP: 59217GEH8<br>LEI: 635400MMSOCXNNNZDZ82 | Long             | DBT              | CORP              | US        |    350000 | PA      | $344189.92    | 0.26%             | 2023-06-08      | Fixed         | 0.90%                 | No            |                  2 | On Loan: No      |
| Navient Private Education Refi Loan Trust 2019-G                                | Navient Private Education Refi Loan Trust 2019-G                                | CUSIP: 63941JAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     92032 | PA      | $84256.11     | 0.06%             | 2068-10-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| Florida Power & Light Co                                                        | Florida Power & Light Co                                                        | CUSIP: 341081GD3<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |    200000 | PA      | $199665.11    | 0.15%             | 2023-05-10      | Floating      | 4.57%                 | No            |                  2 | On Loan: No      |
| Life 2021-BMR Mortgage Trust                                                    | Life 2021-BMR Mortgage Trust                                                    | CUSIP: 53218CAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    638931 | PA      | $618685.51    | 0.46%             | 2038-03-15      | Floating      | 5.02%                 | No            |                  2 | On Loan: No      |
| Bristol-Myers Squibb Co                                                         | Bristol-Myers Squibb Co                                                         | CUSIP: 110122DT2<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    300000 | PA      | $289020.71    | 0.22%             | 2023-11-13      | Fixed         | 0.54%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Mortgage Backed Securities 2020-5 Trust                             | Wells Fargo Mortgage Backed Securities 2020-5 Trust                             | CUSIP: 95003BAC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     96725 | PA      | $84804.11     | 0.06%             | 2050-09-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| Hewlett Packard Enterprise Co                                                   | Hewlett Packard Enterprise Co                                                   | CUSIP: 42824CBG3<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |    300000 | PA      | $298221.08    | 0.22%             | 2023-10-02      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                                                                    | UBS Group AG                                                                    | CUSIP: 902613AB4<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    250000 | PA      | $243086.56    | 0.18%             | 2024-07-30      | Variable      | 1.01%                 | No            |                  2 | On Loan: No      |
| Voya 2012-4 Ltd                                                                 | Voya 2012-4 Ltd                                                                 | CUSIP: 92916GBE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    250000 | PA      | $246134.75    | 0.18%             | 2030-10-15      | Floating      | 5.08%                 | No            |                  2 | On Loan: No      |
| Ventas Realty LP                                                                | Ventas Realty LP                                                                | CUSIP: 92277GAP2<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              | CORP              | US        |    198000 | PA      | $192587.73    | 0.14%             | 2024-04-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivables Trust 2022-1                                    | Westlake Automobile Receivables Trust 2022-1                                    | CUSIP: 96042WAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1149900 | PA      | $1137583.65   | 0.85%             | 2024-12-16      | Fixed         | 1.97%                 | No            |                  2 | On Loan: No      |
| Fifth Third Bancorp                                                             | Fifth Third Bancorp                                                             | CUSIP: 316773CX6<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | DBT              | CORP              | US        |    200000 | PA      | $196975.58    | 0.15%             | 2024-01-25      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Markel Corp                                                                     | Markel Corp                                                                     | CUSIP: 570535AR5<br>LEI: 549300SCNO12JLWIK605 | Long             | DBT              | CORP              | US        |    209000 | PA      | $192440.17    | 0.14%             | 2027-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ONEOK Partners LP                                                               | ONEOK Partners LP                                                               | CUSIP: 68268NAL7<br>LEI: T4DHW82NMF6BXJT50795 | Long             | DBT              | CORP              | US        |    825000 | PA      | $824067.12    | 0.61%             | 2023-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sprint Spectrum Co LLC / Sprint Spectrum Co II LLC / Sprint Spectrum Co III LLC | Sprint Spectrum Co LLC / Sprint Spectrum Co II LLC / Sprint Spectrum Co III LLC | CUSIP: 85208NAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    646875 | PA      | $639248.71    | 0.48%             | 2025-03-20      | Fixed         | 4.74%                 | No            |                  2 | On Loan: No      |
| Santander Drive Auto Receivables Trust 2022-1                                   | Santander Drive Auto Receivables Trust 2022-1                                   | CUSIP: 80286EAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    230146 | PA      | $229706.25    | 0.17%             | 2024-12-16      | Fixed         | 1.36%                 | No            |                  2 | On Loan: No      |
| Entergy Louisiana LLC                                                           | Entergy Louisiana LLC                                                           | CUSIP: 29364WBK3<br>LEI: 0V5453U14HDZO63CGH17 | Long             | DBT              | CORP              | US        |    500000 | PA      | $465420.45    | 0.35%             | 2024-10-01      | Fixed         | 0.95%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust 2021-3                                                   | Sequoia Mortgage Trust 2021-3                                                   | CUSIP: 81748VAD0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    404706 | PA      | $349684.21    | 0.26%             | 2051-05-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| Phillips 66                                                                     | Phillips 66                                                                     | CUSIP: 718546AV6<br>LEI: 5493005JBO5YSIGK1814 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146313.30    | 0.11%             | 2025-04-09      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| CPS Auto Receivables Trust 2022-A                                               | CPS Auto Receivables Trust 2022-A                                               | CUSIP: 12659WAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    201448 | PA      | $198346.09    | 0.15%             | 2029-04-16      | Fixed         | 0.98%                 | No            |                  2 | On Loan: No      |
| Charter Communications Operating LLC / Charter Communications Operating Capital | Charter Communications Operating LLC / Charter Communications Operating Capital | CUSIP: 161175AY0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    292000 | PA      | $286189.49    | 0.21%             | 2025-07-23      | Fixed         | 4.91%                 | No            |                  2 | On Loan: No      |
| Navient Private Education Refi Loan Trust 2021-F                                | Navient Private Education Refi Loan Trust 2021-F                                | CUSIP: 63942GAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    394939 | PA      | $332492.02    | 0.25%             | 2070-02-18      | Fixed         | 1.11%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Owner Trust 2019-REV1                                          | Ford Credit Auto Owner Trust 2019-REV1                                          | CUSIP: 34532PAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    300000 | PA      | $294133.26    | 0.22%             | 2030-07-15      | Fixed         | 3.52%                 | No            |                  2 | On Loan: No      |
| Alaska Airlines 2020-1 Class A Pass Through Trust                               | Alaska Airlines 2020-1 Class A Pass Through Trust                               | CUSIP: 01166VAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    231886 | PA      | $220702.97    | 0.16%             | 2029-02-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Fortress Credit Opportunities XVII CLO Ltd                                      | Fortress Credit Opportunities XVII CLO Ltd                                      | CUSIP: 34963VAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    837131 | PA      | $822690.35    | 0.61%             | 2030-01-15      | Floating      | 5.23%                 | No            |                  2 | On Loan: No      |
| Americredit Automobile Receivables Trust 2022-1                                 | Americredit Automobile Receivables Trust 2022-1                                 | CUSIP: 03066TAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1066984 | PA      | $1054356.93   | 0.79%             | 2026-01-20      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| Santander Drive Auto Receivables Trust 2022-5                                   | Santander Drive Auto Receivables Trust 2022-5                                   | CUSIP: 80287HAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    300000 | PA      | $298485.84    | 0.22%             | 2025-01-15      | Fixed         | 3.98%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                                 | Fannie Mae Pool                                                                 | CUSIP: 31402RD55<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      1868 | PA      | $1825.60      | 0.00%             | 2035-02-01      | Floating      | 3.31%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                   | Citigroup Inc                                                                   | CUSIP: 172967LZ2<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    250000 | PA      | $248333.79    | 0.19%             | 2024-06-01      | Variable      | 4.04%                 | No            |                  2 | On Loan: No      |
| MMAF Equipment Finance LLC 2020-A                                               | MMAF Equipment Finance LLC 2020-A                                               | CUSIP: 60700MAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    114525 | PA      | $113319.95    | 0.08%             | 2024-04-09      | Fixed         | 0.74%                 | No            |                  2 | On Loan: No      |
| Centene Corp                                                                    | Centene Corp                                                                    | CUSIP: 15135BAR2<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |    500000 | PA      | $468931.61    | 0.35%             | 2027-12-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Penske Truck Leasing Co Lp / PTL Finance Corp                                   | Penske Truck Leasing Co Lp / PTL Finance Corp                                   | CUSIP: 709599BF0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $193130.19    | 0.14%             | 2024-07-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Banc of America Funding 2004-1 Trust                                            | Banc of America Funding 2004-1 Trust                                            | CUSIP: 05946XGD9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       162 | PA      | $153.69       | 0.00%             | 2019-02-25      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BX Commercial Mortgage Trust 2021-XL2                                           | BX Commercial Mortgage Trust 2021-XL2                                           | CUSIP: 05609KAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    926715 | PA      | $890687.55    | 0.66%             | 2038-10-15      | Floating      | 5.01%                 | No            |                  2 | On Loan: No      |
| OneMain Direct Auto Receivables Trust 2022-1                                    | OneMain Direct Auto Receivables Trust 2022-1                                    | CUSIP: 68269DAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $485286.05    | 0.36%             | 2029-03-14      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Navient Private Education Refi Loan Trust 2020-F                                | Navient Private Education Refi Loan Trust 2020-F                                | CUSIP: 63941XAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    152046 | PA      | $134964.54    | 0.10%             | 2069-07-15      | Fixed         | 1.22%                 | No            |                  2 | On Loan: No      |
| New York Life Global Funding                                                    | New York Life Global Funding                                                    | CUSIP: 64952WDL4<br>LEI: 635400DPNHEAUHB7ZI15 | Long             | DBT              | CORP              | US        |    200000 | PA      | $188107.54    | 0.14%             | 2025-01-22      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Cigna Corp                                                                      | Cigna Corp                                                                      | CUSIP: 125523CP3<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |    800000 | PA      | $712750.19    | 0.53%             | 2026-03-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Public Service Enterprise Group Inc                                             | Public Service Enterprise Group Inc                                             | CUSIP: 744573AP1<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | DBT              | CORP              | US        |    400000 | PA      | $358487.14    | 0.27%             | 2025-08-15      | Fixed         | 0.80%                 | No            |                  2 | On Loan: No      |
| Royal Bank of Canada                                                            | Royal Bank of Canada                                                            | CUSIP: 78016EZM2<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    300000 | PA      | $266349.79    | 0.20%             | 2026-01-20      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| TCI-Flatiron CLO 2016-1 Ltd                                                     | TCI-Flatiron CLO 2016-1 Ltd                                                     | CUSIP: 87230AAW6<br>LEI: 549300EEOTVLW827QY91 | Long             | ABS-O            | CORP              | KY        |    750000 | PA      | $739967.25    | 0.55%             | 2032-01-17      | Floating      | 4.96%                 | No            |                  2 | On Loan: No      |
| AbbVie Inc                                                                      | AbbVie Inc                                                                      | CUSIP: 00287YBZ1<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    200000 | PA      | $191331.87    | 0.14%             | 2024-11-21      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                                 | Fannie Mae Pool                                                                 | CUSIP: 31371L5V7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      3153 | PA      | $3112.94      | 0.00%             | 2035-01-01      | Floating      | 2.13%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank AG/New York NY                                                    | Deutsche Bank AG/New York NY                                                    | CUSIP: 251526CJ6<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    175000 | PA      | $163632.34    | 0.12%             | 2024-05-28      | Fixed         | 0.90%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust 2004-A3                                                | JP Morgan Mortgage Trust 2004-A3                                                | CUSIP: 466247CV3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      5885 | PA      | $5240.65      | 0.00%             | 2034-07-25      | Variable      | 3.32%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                             | JPMorgan Chase & Co                                                             | CUSIP: 46647PBQ8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    300000 | PA      | $295110.15    | 0.22%             | 2024-06-01      | Variable      | 1.51%                 | No            |                  2 | On Loan: No      |
| AerCap Ireland Capital DAC / AerCap Global Aviation Trust                       | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                       | CUSIP: 00774MAU9<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    500000 | PA      | $461200.15    | 0.34%             | 2024-10-29      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Mortgage Backed Securities 2020-3 Trust                             | Wells Fargo Mortgage Backed Securities 2020-3 Trust                             | CUSIP: 95002TAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     18229 | PA      | $17293.50     | 0.01%             | 2050-06-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Ryder System Inc                                                                | Ryder System Inc                                                                | CUSIP: 78355HKS7<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | DBT              | CORP              | US        |    400000 | PA      | $351518.79    | 0.26%             | 2026-09-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                                               | HSBC Holdings PLC                                                               | CUSIP: 404280CE7<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $187826.73    | 0.14%             | 2025-11-07      | Variable      | 2.63%                 | No            |                  2 | On Loan: No      |
| Bank of Montreal                                                                | Bank of Montreal                                                                | CUSIP: 06368EDC3<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |    600000 | PA      | $529733.64    | 0.40%             | 2027-01-22      | Variable      | 0.95%                 | No            |                  2 | On Loan: No      |
| VMware Inc                                                                      | VMware Inc                                                                      | CUSIP: 928563AG0<br>LEI: 549300BUDHS3LRWBE814 | Long             | DBT              | CORP              | US        |    500000 | PA      | $486937.18    | 0.36%             | 2023-08-15      | Fixed         | 0.60%                 | No            |                  2 | On Loan: No      |
| Crown Castle Towers LLC                                                         | Crown Castle Towers LLC                                                         | CUSIP: 22822RBH2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    290000 | PA      | $263402.88    | 0.20%             | 2048-07-15      | Fixed         | 4.24%                 | No            |                  2 | On Loan: No      |
| Nelnet Student Loan Trust 2021-D                                                | Nelnet Student Loan Trust 2021-D                                                | CUSIP: 64034YAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    410351 | PA      | $369776.73    | 0.28%             | 2062-04-20      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| Georgia-Pacific LLC                                                             | Georgia-Pacific LLC                                                             | CUSIP: 37331NAJ0<br>LEI: L2EVHWFHVAQK72TMH265 | Long             | DBT              | CORP              | US        |    400000 | PA      | $365354.46    | 0.27%             | 2025-09-30      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| CCG Receivables Trust 2019-2                                                    | CCG Receivables Trust 2019-2                                                    | CUSIP: 12510FAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      9069 | PA      | $9055.56      | 0.01%             | 2027-03-15      | Fixed         | 2.11%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Mortgage Backed Securities 2020-2 Trust                             | Wells Fargo Mortgage Backed Securities 2020-2 Trust                             | CUSIP: 95002QAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     19352 | PA      | $18872.52     | 0.01%             | 2049-12-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| MHP 2021-STOR                                                                   | MHP 2021-STOR                                                                   | CUSIP: 55293BAB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    400000 | PA      | $385929.60    | 0.29%             | 2038-07-15      | Floating      | 5.02%                 | No            |                  2 | On Loan: No      |
| Toronto-Dominion Bank/The                                                       | Toronto-Dominion Bank/The                                                       | CUSIP: 89114TZA3<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    300000 | PA      | $294371.47    | 0.22%             | 2023-06-02      | Fixed         | 0.30%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust 2004-S1                                                | JP Morgan Mortgage Trust 2004-S1                                                | CUSIP: 466247ER0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      9693 | PA      | $9879.49      | 0.01%             | 2034-09-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonbond Student Loan Trust 2019-A-GS                                         | Commonbond Student Loan Trust 2019-A-GS                                         | CUSIP: 20268CAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    151599 | PA      | $136251.67    | 0.10%             | 2047-01-25      | Fixed         | 2.54%                 | No            |                  2 | On Loan: No      |
| Energy Transfer LP                                                              | Energy Transfer LP                                                              | CUSIP: 29273VAP5<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    400000 | PA      | $396772.00    | 0.30%             | 2028-02-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Gilead Sciences Inc                                                             | Gilead Sciences Inc                                                             | CUSIP: 375558BW2<br>LEI: 549300WTZWR07K8MNV44 | Long             | DBT              | CORP              | US        |   1124000 | PA      | $1088934.76   | 0.81%             | 2023-09-29      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury Note/Bond                                                | United States Treasury Note/Bond                                                | CUSIP: 91282CCJ8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2500000 | PA      | $2235546.88   | 1.67%             | 2026-06-30      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| Fells Point Funding Trust                                                       | Fells Point Funding Trust                                                       | CUSIP: 314382AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    750000 | PA      | $682568.39    | 0.51%             | 2027-01-31      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| PSMC 2021-3 Trust                                                               | PSMC 2021-3 Trust                                                               | CUSIP: 69376DAC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    817123 | PA      | $702630.60    | 0.52%             | 2051-08-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                            | Bank of America Corp                                                            | CUSIP: 06051GFH7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    750000 | PA      | $738396.83    | 0.55%             | 2024-08-26      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| American Airlines 2013-2 Class A Pass Through Trust                             | American Airlines 2013-2 Class A Pass Through Trust                             | CUSIP: 02377UAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     82146 | PA      | $82033.40     | 0.06%             | 2024-07-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Black Hills Corp                                                                | Black Hills Corp                                                                | CUSIP: 092113AU3<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | DBT              | CORP              | US        |    550000 | PA      | $512927.33    | 0.38%             | 2024-08-23      | Fixed         | 1.04%                 | No            |                  2 | On Loan: No      |
| NTT Finance Corp                                                                | NTT Finance Corp                                                                | CUSIP: 62954WAA3<br>LEI: 3538007PR116187GD960 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $198867.59    | 0.15%             | 2023-03-03      | Fixed         | 0.37%                 | No            |                  2 | On Loan: No      |
| Stratus CLO 2021-2 Ltd                                                          | Stratus CLO 2021-2 Ltd                                                          | CUSIP: 86315TAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    222483 | PA      | $219135.52    | 0.16%             | 2029-12-28      | Floating      | 5.14%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Mortgage Backed Securities 2020-4 Trust                             | Wells Fargo Mortgage Backed Securities 2020-4 Trust                             | CUSIP: 95002VAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    239269 | PA      | $200322.64    | 0.15%             | 2050-07-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                  | Morgan Stanley                                                                  | CUSIP: 61747YEJ0<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $986100.00    | 0.74%             | 2025-01-24      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae II Pool                                                              | Ginnie Mae II Pool                                                              | CUSIP: 36202CF81<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |        44 | PA      | $44.07        | 0.00%             | 2025-04-20      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                  | Morgan Stanley                                                                  | CUSIP: 61747YDU6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    300000 | PA      | $298903.24    | 0.22%             | 2023-05-22      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Exxon Mobil Corp                                                                | Exxon Mobil Corp                                                                | CUSIP: 30231GBH4<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | DBT              | CORP              | US        |    200000 | PA      | $192641.13    | 0.14%             | 2025-03-19      | Fixed         | 2.99%                 | No            |                  2 | On Loan: No      |
| MHC Trust 2021-MHC2                                                             | MHC Trust 2021-MHC2                                                             | CUSIP: 55293AAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    400000 | PA      | $387955.64    | 0.29%             | 2038-05-15      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae                                                                      | Ginnie Mae                                                                      | CUSIP: 38378KXJ3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | CORP              | US        |    335832 | PA      | $5113.15      | 0.00%             | 2045-06-16      | Variable      | 0.78%                 | No            |                  2 | On Loan: No      |
| EDvestinU Private Education Loan Issue No 3 LLC                                 | EDvestinU Private Education Loan Issue No 3 LLC                                 | CUSIP: 28166LAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    171593 | PA      | $144829.69    | 0.11%             | 2045-11-25      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| Nutrien Ltd                                                                     | Nutrien Ltd                                                                     | CUSIP: 67077MAZ1<br>LEI: 5493002QQ7GD21OWF963 | Long             | DBT              | CORP              | CA        |    450000 | PA      | $455655.36    | 0.34%             | 2024-11-07      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| United States Treasury Note/Bond                                                | United States Treasury Note/Bond                                                | CUSIP: 912828ZE3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5100000 | PA      | $4425445.34   | 3.30%             | 2027-03-31      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| Warnermedia Holdings Inc                                                        | Warnermedia Holdings Inc                                                        | CUSIP: 55903VAG8<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    300000 | PA      | $270158.84    | 0.20%             | 2027-03-15      | Fixed         | 3.76%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                                 | Fannie Mae Pool                                                                 | CUSIP: 31374F5S4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |       126 | PA      | $126.41       | 0.00%             | 2035-11-01      | Floating      | 5.09%                 | No            |                  2 | On Loan: No      |
| Glencore Funding LLC                                                            | Glencore Funding LLC                                                            | CUSIP: 378272AX6<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |    250000 | PA      | $226272.32    | 0.17%             | 2025-09-01      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivables Trust 2021-1                                    | Westlake Automobile Receivables Trust 2021-1                                    | CUSIP: 96043FAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     27389 | PA      | $27313.14     | 0.02%             | 2024-10-15      | Fixed         | 0.39%                 | No            |                  2 | On Loan: No      |
| Duke Energy Corp                                                                | Duke Energy Corp                                                                | CUSIP: 26441CBJ3<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |    250000 | PA      | $223377.15    | 0.17%             | 2025-09-15      | Fixed         | 0.90%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp                                                      | Capital One Financial Corp                                                      | CUSIP: 14040HCA1<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    242000 | PA      | $238966.32    | 0.18%             | 2024-01-29      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Toyota Auto Loan Extended Note Trust 2019-1                                     | Toyota Auto Loan Extended Note Trust 2019-1                                     | CUSIP: 89231XAA9<br>LEI: 549300R73PIC25YY4X12 | Long             | ABS-O            | CORP              | US        |    250000 | PA      | $240939.45    | 0.18%             | 2031-11-25      | Fixed         | 2.56%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae                                                                      | Ginnie Mae                                                                      | CUSIP: 38378KQ69<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | CORP              | US        |   1312406 | PA      | $17263.25     | 0.01%             | 2054-10-16      | Variable      | 0.20%                 | No            |                  2 | On Loan: No      |
| BX Commercial Mortgage Trust 2021-VOLT                                          | BX Commercial Mortgage Trust 2021-VOLT                                          | CUSIP: 05609VAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $963270.60    | 0.72%             | 2036-09-15      | Floating      | 5.02%                 | No            |                  2 | On Loan: No      |
| Cigna Corp                                                                      | Cigna Corp                                                                      | CUSIP: 125523CN8<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |    150000 | PA      | $142331.62    | 0.11%             | 2024-03-15      | Fixed         | 0.61%                 | No            |                  2 | On Loan: No      |
| PHH Mortgage Trust Series 2008-CIM1                                             | PHH Mortgage Trust Series 2008-CIM1                                             | CUSIP: 69337LAG7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     31266 | PA      | $27934.67     | 0.02%             | 2038-06-25      | Floating      | 6.37%                 | No            |                  2 | On Loan: No      |
| Avery Dennison Corp                                                             | Avery Dennison Corp                                                             | CUSIP: 053611AL3<br>LEI: 549300PW7VPFCYKLIV37 | Long             | DBT              | CORP              | US        |    475000 | PA      | $443188.50    | 0.33%             | 2024-08-15      | Fixed         | 0.85%                 | No            |                  2 | On Loan: No      |
| Nelnet Student Loan Trust 2021-A                                                | Nelnet Student Loan Trust 2021-A                                                | CUSIP: 64035DAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    650911 | PA      | $575989.90    | 0.43%             | 2062-04-20      | Fixed         | 1.36%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                   | Citigroup Inc                                                                   | CUSIP: 17327CAM5<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    400000 | PA      | $348594.05    | 0.26%             | 2027-01-28      | Variable      | 1.12%                 | No            |                  2 | On Loan: No      |
| Commonbond Student Loan Trust 2020-A-GS                                         | Commonbond Student Loan Trust 2020-A-GS                                         | CUSIP: 20267WAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    302987 | PA      | $257952.94    | 0.19%             | 2050-08-25      | Fixed         | 1.98%                 | No            |                  2 | On Loan: No      |
| OPG Trust 2021-PORT                                                             | OPG Trust 2021-PORT                                                             | CUSIP: 67118AAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    685374 | PA      | $654861.29    | 0.49%             | 2036-10-15      | Floating      | 4.80%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Owner Trust 2020-REV2                                          | Ford Credit Auto Owner Trust 2020-REV2                                          | CUSIP: 34532JAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    475000 | PA      | $425319.89    | 0.32%             | 2033-04-15      | Fixed         | 1.06%                 | No            |                  2 | On Loan: No      |
| Xcel Energy Inc                                                                 | Xcel Energy Inc                                                                 | CUSIP: 98388MAB3<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | DBT              | CORP              | US        |    250000 | PA      | $218991.32    | 0.16%             | 2027-03-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| OneMain Direct Auto Receivables Trust 2019-1                                    | OneMain Direct Auto Receivables Trust 2019-1                                    | CUSIP: 68267EAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    750000 | PA      | $719827.80    | 0.54%             | 2027-09-14      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Bardot CLO Ltd                                                                  | Bardot CLO Ltd                                                                  | CUSIP: 06744NBG1<br>LEI: 549300KP12IHV6MTDK86 | Long             | ABS-O            | CORP              | KY        |    500000 | PA      | $489828.50    | 0.37%             | 2032-10-22      | Floating      | 5.41%                 | No            |                  2 | On Loan: No      |
| BX Trust 2021-BXMF                                                              | BX Trust 2021-BXMF                                                              | CUSIP: 05609RAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    375000 | PA      | $359480.74    | 0.27%             | 2026-10-15      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Trust 2021-B                                         | SMB Private Education Loan Trust 2021-B                                         | CUSIP: 78449YAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    415896 | PA      | $371175.37    | 0.28%             | 2051-07-17      | Fixed         | 1.31%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                   | Citigroup Inc                                                                   | CUSIP: 172967HV6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    274000 | PA      | $269091.47    | 0.20%             | 2024-08-05      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Toronto-Dominion Bank/The                                                       | Toronto-Dominion Bank/The                                                       | CUSIP: 89114QCP1<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    300000 | PA      | $265267.04    | 0.20%             | 2026-01-06      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| Panasonic Holdings Corp                                                         | Panasonic Holdings Corp                                                         | CUSIP: 69832AAB2<br>LEI: 254900GE1G59KGWPHX32 | Long             | DBT              | CORP              | JP        |    250000 | PA      | $239351.85    | 0.18%             | 2024-07-19      | Fixed         | 2.68%                 | No            |                  2 | On Loan: No      |
| Alliant Energy Finance LLC                                                      | Alliant Energy Finance LLC                                                      | CUSIP: 01882YAA4<br>LEI: 54930033ER6EOI5DL570 | Long             | DBT              | CORP              | US        |    900000 | PA      | $893760.80    | 0.67%             | 2023-06-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| GlaxoSmithKline Capital PLC                                                     | GlaxoSmithKline Capital PLC                                                     | CUSIP: 377373AL9<br>LEI: 549300U0LV41VX7LEP38 | Long             | DBT              | CORP              | GB        |    500000 | PA      | $483806.70    | 0.36%             | 2023-10-01      | Fixed         | 0.53%                 | No            |                  2 | On Loan: No      |
| CPS Auto Receivables Trust 2021-D                                               | CPS Auto Receivables Trust 2021-D                                               | CUSIP: 12658VAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    103863 | PA      | $102607.93    | 0.08%             | 2025-10-15      | Fixed         | 0.61%                 | No            |                  2 | On Loan: No      |
| Anglo American Capital PLC                                                      | Anglo American Capital PLC                                                      | CUSIP: 034863AV2<br>LEI: TINT358G1SSHR3L3PW36 | Long             | DBT              | CORP              | GB        |    400000 | PA      | $395529.82    | 0.29%             | 2025-04-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Celanese US Holdings LLC                                                        | Celanese US Holdings LLC                                                        | CUSIP: 15089QAJ3<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    200000 | PA      | $193205.90    | 0.14%             | 2024-05-08      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Pilgrim's Pride Corp                                                            | Pilgrim's Pride Corp                                                            | CUSIP: 72147KAE8<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | DBT              | CORP              | US        |    700000 | PA      | $678983.42    | 0.51%             | 2027-09-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| VSE 2018-A VOI Mortgage LLC                                                     | VSE 2018-A VOI Mortgage LLC                                                     | CUSIP: 918286AA3<br>LEI: 549300E4XED7XGXU7L27 | Long             | ABS-O            | CORP              | US        |     56517 | PA      | $54796.98     | 0.04%             | 2036-02-20      | Fixed         | 3.56%                 | No            |                  2 | On Loan: No      |
| Dominion Energy Inc                                                             | Dominion Energy Inc                                                             | CUSIP: 25746UDB2<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |    200000 | PA      | $192715.46    | 0.14%             | 2024-08-15      | Variable      | 3.07%                 | No            |                  2 | On Loan: No      |
| United States Treasury Note/Bond                                                | United States Treasury Note/Bond                                                | CUSIP: 91282CDK4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    500000 | PA      | $448652.35    | 0.33%             | 2026-11-30      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Dewolf Park CLO Ltd                                                             | Dewolf Park CLO Ltd                                                             | CUSIP: 25211AAE9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   1500000 | PA      | $1478967.00   | 1.10%             | 2030-10-15      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co                                                                | Wells Fargo & Co                                                                | CUSIP: 95000U2R3<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    400000 | PA      | $393537.07    | 0.29%             | 2024-06-02      | Variable      | 1.65%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Trust 2021-D                                         | SMB Private Education Loan Trust 2021-D                                         | CUSIP: 78449MAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    745668 | PA      | $653196.74    | 0.49%             | 2053-03-17      | Fixed         | 1.34%                 | No            |                  2 | On Loan: No      |
| MassMutual Global Funding II                                                    | MassMutual Global Funding II                                                    | CUSIP: 57629WCE8<br>LEI: 549300K1IE3K7YU6VG29 | Long             | DBT              | CORP              | US        |    500000 | PA      | $482699.94    | 0.36%             | 2024-06-22      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Nestle Holdings Inc                                                             | Nestle Holdings Inc                                                             | CUSIP: 641062AQ7<br>LEI: 549300EAEU8YV8MQXP30 | Long             | DBT              | CORP              | US        |    850000 | PA      | $811136.16    | 0.60%             | 2024-01-15      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                                 | Fannie Mae Pool                                                                 | CUSIP: 31391TU55<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |      2779 | PA      | $2725.23      | 0.00%             | 2032-12-01      | Floating      | 2.02%                 | No            |                  2 | On Loan: No      |
| DTE Energy Co                                                                   | DTE Energy Co                                                                   | CUSIP: 233331AW7<br>LEI: 549300IX8SD6XXD71I78 | Long             | DBT              | CORP              | US        |    300000 | PA      | $286760.63    | 0.21%             | 2024-10-01      | Variable      | 2.53%                 | No            |                  2 | On Loan: No      |
| Oracle Corp                                                                     | Oracle Corp                                                                     | CUSIP: 68389XCC7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    300000 | PA      | $268566.41    | 0.20%             | 2026-03-25      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| Westlake Corp                                                                   | Westlake Corp                                                                   | CUSIP: 960413AT9<br>LEI: GOXNEVUM0LL78B1OS344 | Long             | DBT              | CORP              | US        |    268000 | PA      | $251815.20    | 0.19%             | 2026-08-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| CF Hippolyta Issuer LLC                                                         | CF Hippolyta Issuer LLC                                                         | CUSIP: 12530MAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    227075 | PA      | $202685.77    | 0.15%             | 2060-07-15      | Fixed         | 1.69%                 | No            |                  2 | On Loan: No      |
| Palmer Square Loan Funding 2022-1 Ltd                                           | Palmer Square Loan Funding 2022-1 Ltd                                           | CUSIP: 69701CAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    459622 | PA      | $452875.87    | 0.34%             | 2030-04-15      | Floating      | 4.91%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                             | JPMorgan Chase & Co                                                             | CUSIP: 46647PBT2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1234850.82   | 0.92%             | 2026-11-19      | Variable      | 1.05%                 | No            |                  2 | On Loan: No      |
| Dell International LLC / EMC Corp                                               | Dell International LLC / EMC Corp                                               | CUSIP: 24703TAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     52000 | PA      | $52032.90     | 0.04%             | 2023-06-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| DR Horton Inc                                                                   | DR Horton Inc                                                                   | CUSIP: 23331ABM0<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | DBT              | CORP              | US        |    200000 | PA      | $190443.60    | 0.14%             | 2024-10-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Truist Financial Corp                                                           | Truist Financial Corp                                                           | CUSIP: 89788MAD4<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |    348000 | PA      | $308293.24    | 0.23%             | 2027-03-02      | Variable      | 1.27%                 | No            |                  2 | On Loan: No      |
| Warnermedia Holdings Inc                                                        | Warnermedia Holdings Inc                                                        | CUSIP: 55903VAA1<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    750000 | PA      | $747671.24    | 0.56%             | 2024-03-15      | Floating      | 6.09%                 | No            |                  2 | On Loan: No      |
| KKR Lending Partners III Clo LLC                                                | KKR Lending Partners III Clo LLC                                                | CUSIP: 48254VAE3<br>LEI: 549300KGGQDLBSF70122 | Long             | ABS-O            | CORP              | US        |    400000 | PA      | $389644.80    | 0.29%             | 2030-10-20      | Floating      | 5.79%                 | No            |                  2 | On Loan: No      |
| SREIT Trust 2021-MFP                                                            | SREIT Trust 2021-MFP                                                            | CUSIP: 78472UAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $480876.60    | 0.36%             | 2038-11-15      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| Dominion Energy Inc                                                             | Dominion Energy Inc                                                             | CUSIP: 25746UDH9<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |    600000 | PA      | $598813.70    | 0.45%             | 2023-09-15      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| SBA Tower Trust                                                                 | SBA Tower Trust                                                                 | CUSIP: 78403DAN0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    225000 | PA      | $212066.33    | 0.16%             | 2050-01-15      | Fixed         | 2.84%                 | No            |                  2 | On Loan: No      |
| MHC Commercial Mortgage Trust 2021-MHC                                          | MHC Commercial Mortgage Trust 2021-MHC                                          | CUSIP: 55316VAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1200000 | PA      | $1163779.80   | 0.87%             | 2038-04-15      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Residential Mortgage Loan Trust 2020-1                           | Morgan Stanley Residential Mortgage Loan Trust 2020-1                           | CUSIP: 61771QBE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    164285 | PA      | $143678.53    | 0.11%             | 2050-12-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| Humana Inc                                                                      | Humana Inc                                                                      | CUSIP: 444859BP6<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |    500000 | PA      | $487104.87    | 0.36%             | 2023-08-03      | Fixed         | 0.65%                 | No            |                  2 | On Loan: No      |
| Navient Private Education Refi Loan Trust 2022-A                                | Navient Private Education Refi Loan Trust 2022-A                                | CUSIP: 63942MAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    222061 | PA      | $192683.37    | 0.14%             | 2070-07-15      | Fixed         | 2.23%                 | No            |                  2 | On Loan: No      |
| Energy Transfer LP                                                              | Energy Transfer LP                                                              | CUSIP: 292480AK6<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    250000 | PA      | $237481.24    | 0.18%             | 2027-03-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                             | JPMorgan Chase & Co                                                             | CUSIP: 46647PBW5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    200000 | PA      | $173973.70    | 0.13%             | 2027-02-04      | Variable      | 1.04%                 | No            |                  2 | On Loan: No      |
| BlackRock Liquidity FedFund - Institutional Class                               | BlackRock Liquidity FedFund - Institutional Class                               | CUSIP: 09248U700<br>LEI: 549300T8K043VZEOVK74 | Long             | STIV             | RF                | US        |         3 | NS      | $2.81         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group Inc/The                                                     | Goldman Sachs Group Inc/The                                                     | CUSIP: 38141GWT7<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    300000 | PA      | $299247.51    | 0.22%             | 2023-02-23      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co                                                                | Wells Fargo & Co                                                                | CUSIP: 95000U2N2<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    400000 | PA      | $372263.14    | 0.28%             | 2026-04-30      | Variable      | 2.19%                 | No            |                  2 | On Loan: No      |
| Navient Private Education Refi Loan Trust 2021-c                                | Navient Private Education Refi Loan Trust 2021-c                                | CUSIP: 63942JAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    145587 | PA      | $123765.21    | 0.09%             | 2069-10-15      | Fixed         | 1.06%                 | No            |                  2 | On Loan: No      |
| Fortis Inc/Canada                                                               | Fortis Inc/Canada                                                               | CUSIP: 349553AM9<br>LEI: 549300MQYQ9Y065XPR71 | Long             | DBT              | CORP              | CA        |    413000 | PA      | $383094.44    | 0.29%             | 2026-10-04      | Fixed         | 3.06%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                                 | Fannie Mae Pool                                                                 | CUSIP: 31391KNS2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |       414 | PA      | $404.25       | 0.00%             | 2032-11-01      | Floating      | 4.42%                 | No            |                  2 | On Loan: No      |
| SLM Private Credit Student Loan Trust 2006-B                                    | SLM Private Credit Student Loan Trust 2006-B                                    | CUSIP: 78443CCY8<br>LEI: 549300MJYMBTZU2FTV38 | Long             | ABS-O            | CORP              | US        |    162600 | PA      | $154575.37    | 0.12%             | 2039-12-15      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| Nelnet Student Loan Trust 2021-C                                                | Nelnet Student Loan Trust 2021-C                                                | CUSIP: 64035GAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    208153 | PA      | $184808.28    | 0.14%             | 2062-04-20      | Fixed         | 1.32%                 | No            |                  2 | On Loan: No      |
| Five Corners Funding Trust                                                      | Five Corners Funding Trust                                                      | CUSIP: 33829TAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    750000 | PA      | $743539.70    | 0.55%             | 2023-11-15      | Fixed         | 4.42%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae                                                                      | Ginnie Mae                                                                      | CUSIP: 38378KGP8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | CORP              | US        |   2364599 | PA      | $3019.83      | 0.00%             | 2055-02-16      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-30

**Name of Applicant:** Principal Variable Contract Funds, Inc

**Signature:** Megan Hoffmann

**Name of Signer:** /s/ Megan Hoffmann

**Title:** Vice President and Controller