# EDGAR Filing Document

**Accession Number:** 0001524513
**File Stem:** 0001752724-23-071925
**Filing Date:** 2023-3
**Character Count:** 242062
**Document Hash:** 156b3d6d02728ccee6aca6d82c94e457
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-071925.hdr.sgml**: 20230329

**ACCESSION NUMBER**: 0001752724-23-071925

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230329

**DATE AS OF CHANGE**: 20230329

**PERIOD START**: 20231031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** iShares U.S. ETF Trust
- **CENTRAL INDEX KEY:** 0001524513
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22649
- **FILM NUMBER:** 23774044

**BUSINESS ADDRESS:**
- **STREET 1:** 400 HOWARD STREET
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94105
- **BUSINESS PHONE:** (415) 670-2000

**MAIL ADDRESS:**
- **STREET 1:** 400 HOWARD STREET
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94105

## Series and Classes Contracts Data

### BlackRock Ultra Short-Term Bond ETF (Series ID: S000040474)

| Class ID   | Class Name                          | Ticker Symbol   |
|:---|:---|:---|
| C000125661 | BlackRock Ultra Short-Term Bond ETF | ICSH            |

## Nport-Ex

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) | **BlackRock Ultra Short-Term Bond ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Asset-Backed Securities** |  |  |
| American Express Credit Account Master Trust, 4.95%, 10/15/27 | $14709 | $14924588 |
| BMW Vehicle Owner Trust, 2.52%, 12/26/24 (Call 11/25/25) | 10611 | 10498330 |
| CarMax Auto Owner Trust |  |  |
| &nbsp;&nbsp;&nbsp;2.81%, 05/15/25 (Call 08/15/25) | 2592 | 2567975 |
| &nbsp;&nbsp;&nbsp;5.23%, 01/15/26 | 20200 | 20190542 |
| Carmax Auto Owner Trust 2022-4, 5.34%, 12/15/25 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 10/15/26) | 12861 | 12895833 |
| Chase Issuance Trust, 3.97%, 09/15/27 | 14100 | 13955558 |
| Ford Credit Auto Lease Trust |  |  |
| &nbsp;&nbsp;&nbsp;0.24%, 04/15/24 (Call 01/15/24) | 965 | 963533 |
| &nbsp;&nbsp;&nbsp;2.78%, 10/15/24 (Call 10/15/24) | 3278 | 3250640 |
| &nbsp;&nbsp;&nbsp;5.19%, 06/15/25 | 3875 | 3872563 |
| Ford Credit Auto Owner Trust |  |  |
| &nbsp;&nbsp;&nbsp;0.73%, 09/15/24 (Call 09/15/25) | 4569 | 4521632 |
| &nbsp;&nbsp;&nbsp;3.44%, 02/15/25 (Call 12/15/25) | 8760 | 8692227 |
| Honda Auto Receivables Owner Trust, 1.44%, 10/15/24 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 08/15/25) | 10588 | 10420121 |
| Hyundai Auto Lease Securitization Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.24%, 01/16/24 (Call 03/15/24)<sup>(a)</sup> | 3891 | 3874191 |
| &nbsp;&nbsp;&nbsp;&nbsp;0.81%, 04/15/24 (Call 06/15/24)<sup>(a)</sup> | 5611 | 5545220 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.75%, 10/15/24 (Call 10/15/24)<sup>(a)</sup> | 15678 | 15487743 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.34%, 01/15/25 (Call 02/15/25)<sup>(a)</sup> | 2378 | 2364289 |
| &nbsp;&nbsp;&nbsp;5.20%, 04/15/25 | 11100 | 11099226 |
| Nissan Auto Receivables Owner Trust, 4.50%, 08/15/25 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 09/15/26) | 9440 | 9398316 |
| Toyota Auto Receivables Owner Trust, 2.35%, 01/15/25 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 04/15/26) | 7123 | 7044806 |
| **Total Asset-Backed Securities — 2.4%** |  |  |
| &nbsp;&nbsp;&nbsp;**(Cost: $162,318,225)** |  | 161567333 |

---

---

| | | |
|:---|:---|:---|
| **Certificates of Deposit** | | |
| Banco Santander SA, 5.10%, 05/03/23, (1 day SOFR + 0.800%)<sup>(b)</sup> | 10000 | 10013677 |
| Bank of Montreal, 5.40%, 10/13/23 | 25000 | 25040153 |
| Bank of Montreal/Chicago IL, 5.00%, 07/13/23, (1 day SOFR + 0.700%)<sup>(b)</sup> | 7000 | 7013480 |
| Bank of Nova Scotia (The), 4.05%, 07/14/23 | 20000 | 19902178 |
| Barclays Bank PLC/NY |  |  |
| &nbsp;&nbsp;&nbsp;1.65%, 03/03/23 | 15000 | 14961872 |
| &nbsp;&nbsp;&nbsp;2.98%, 06/01/23 | 8750 | 8694547 |
| &nbsp;&nbsp;&nbsp;4.00%, 07/13/23 | 15000 | 14920932 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.61%, 02/03/23, (1 day SOFR + 0.300%)<sup>(b)</sup> | 30000 | 30000511 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.95%, 06/08/23, (1 day SOFR + 0.650%)<sup>(b)</sup> | 15000 | 15016847 |
| Bayerische Landesbank/New York, 0.90%, 06/27/23 | 15000 | 14759590 |
| Canadian Imperial Bank of Commerce |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.58%, 03/03/23, (1 day SOFR + 0.280%)<sup>(b)</sup> | 30000 | 30003796 |
| &nbsp;&nbsp;&nbsp;4.65%, 09/14/23 | 17000 | 16949101 |
| CDP Financial Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.91%, 06/27/23 | 7900 | 7744676 |
| &nbsp;&nbsp;&nbsp;4.99%, 07/20/23 | 14077 | 13753002 |
| Citibank NA |  |  |
| &nbsp;&nbsp;&nbsp;3.77%, 05/01/23 | 15000 | 14960721 |
| &nbsp;&nbsp;&nbsp;3.85%, 07/28/23 | 10000 | 9939294 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.93%, 09/21/23<sup>(b)</sup> | 10000 | 10017273 |
| Kookmin Bank/New York |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.62%, 02/09/23, (1 day SOFR + 0.320%)<sup>(b)</sup> | 10000 | 10000518 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.62%, 02/21/23, (1 day SOFR + 0.320%)<sup>(b)</sup> | 20000 | 20001389 |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| Landesbank Baden-Wuerttemberg, 4.79%, 02/03/23, (1 day SOFR + 0.490%)<sup>(b)</sup> | $17500 | $17500618 |
| Lloyds Bank Corporate Markets PLC |  |  |
| &nbsp;&nbsp;&nbsp;4.82%, 05/15/23 | 8000 | 7890176 |
| &nbsp;&nbsp;&nbsp;5.24%, 10/12/23 | 15000 | 15000148 |
| Lloyds Bank Corporate Markets PLC/New York NY |  |  |
| &nbsp;&nbsp;&nbsp;2.81%, 05/11/23 | 15000 | 14912423 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.59%, 02/03/23, (1 day SOFR + 0.280%)<sup>(b)</sup> | 25000 | 25000320 |
| Mizuho Bank Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.11%, 04/26/23, (1 day SOFR + 0.800%)<sup>(b)</sup> | 25000 | 25039345 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.11%, 04/27/23, (1 day SOFR + 0.800%)<sup>(b)</sup> | 12500 | 12519873 |
| Mizuho Bank Ltd./New York NY, 4.87%, 02/01/23, (1 day SOFR + 0.570%)<sup>(b)</sup> | 30000 | 30000427 |
| Natixis SA/New York NY, 4.58%, 02/07/23, (1 day SOFR + 0.280%)<sup>(b)</sup> | 10000 | 10000382 |
| Royal Bank of Canada, 4.05%, 08/22/23 | 25000 | 24842290 |
| Standard Chartered Bank/New York |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.60%, 03/13/23, (1 day SOFR + 0.300%)<sup>(b)</sup> | 30000 | 30008444 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.65%, 05/01/23, (1 day SOFR + 0.350%)<sup>(b)</sup> | 25000 | 25009525 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.72%, 07/28/23, (1 day SOFR + 0.420%)<sup>(b)</sup> | 15000 | 15014223 |
| Sumitomo Mitsui Banking Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.70%, 04/25/23 | 50000 | 49758236 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 09/28/23<sup>(b)</sup> | 15000 | 15037327 |
| Swedbank AB, 4.96%, 04/25/23, (1 day SOFR + 0.650%)<sup>(b)</sup> | 35000 | 35037378 |
| Toronto-Dominion Bank |  |  |
| &nbsp;&nbsp;&nbsp;2.69%, 04/28/23 | 10000 | 9951264 |
| &nbsp;&nbsp;&nbsp;3.70%, 05/01/23 | 10000 | 9974613 |
| &nbsp;&nbsp;&nbsp;4.35%, 09/13/23 | 17000 | 16915390 |
| &nbsp;&nbsp;&nbsp;4.43%, 05/01/23 | 15000 | 15022236 |
| &nbsp;&nbsp;&nbsp;5.20%, 10/11/23 | 25000 | 24994351 |
| Versailles Commercial Paper LLC |  |  |
| &nbsp;&nbsp;&nbsp;4.83%, 06/05/23 | 14805 | 14560666 |
| &nbsp;&nbsp;&nbsp;4.99%, 07/05/23 | 25000 | 24474399 |
| Westpac Banking Corp., 4.22%, 09/06/23 | 17000 | 16910985 |
| **Total Certificates of Deposit — 11.5%** |  |  |
| &nbsp;&nbsp;&nbsp;**(Cost: $780,201,326)** |  | 779068596 |
| **Commercial Paper** |  |  |
| ABN AMRO Funding USA LLC, 5.20%, 10/13/23 | 6847 | 6603775 |
| Alinghi Funding Co. LLC, 4.75%, 04/18/23<sup>(a)</sup> | 33500 | 33163232 |
| Amcor Finance USA Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.94%, 02/16/23 | 43810 | 43714105 |
| &nbsp;&nbsp;&nbsp;4.99%, 03/03/23 | 27000 | 26884378 |
| Amcor Flexibles North America Inc., 4.61%, 02/03/23 | 14099 | 14093582 |
| American Electric Power Co. Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.71%, 02/07/23 | 25980 | 25956207 |
| &nbsp;&nbsp;&nbsp;4.73%, 02/13/23 | 27500 | 27453068 |
| &nbsp;&nbsp;&nbsp;4.74%, 02/14/23 | 39250 | 39177832 |
| &nbsp;&nbsp;&nbsp;4.83%, 03/13/23 | 15000 | 14917880 |
| American Honda Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.77%, 02/16/23 | 18000 | 17961904 |
| &nbsp;&nbsp;&nbsp;4.79%, 03/06/23 | 20000 | 19909938 |
| &nbsp;&nbsp;&nbsp;4.79%, 03/08/23 | 25000 | 24880700 |
| &nbsp;&nbsp;&nbsp;4.94%, 04/10/23 | 17600 | 17434875 |
| ASB Bank Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;5.04%, 08/11/23 | 20000 | 19476480 |
| &nbsp;&nbsp;&nbsp;5.08%, 09/12/23 | 15000 | 14539960 |
| AT&T Inc., 4.88%, 03/29/23 | 17875 | 17738074 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **BlackRock Ultra Short-Term Bond ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| Australia & New Zealand Banking Group Ltd., 4.96%, 06/08/23, (1 day SOFR + 0.660%)<sup>(a)(b)</sup> | $35000 | $35056569 |
| Bank of Montreal, 2.80%, 05/12/23 | 12000 | 11934497 |
| Barton Capital SA |  |  |
| &nbsp;&nbsp;&nbsp;4.54%, 02/15/23 | 10000 | 9981121 |
| &nbsp;&nbsp;&nbsp;4.57%, 02/24/23 | 28419 | 28332606 |
| &nbsp;&nbsp;&nbsp;4.70%, 03/29/23 | 5000 | 4963085 |
| &nbsp;&nbsp;&nbsp;4.75%, 04/24/23 | 25000 | 24729097 |
| Bell Telephone Co. of Canada or Bell Canada, 4.59%, 02/13/23 | 5398 | 5389070 |
| BPCE SA |  |  |
| &nbsp;&nbsp;&nbsp;4.49%, 02/22/23 | 10000 | 9972610 |
| &nbsp;&nbsp;&nbsp;4.51%, 03/01/23 | 13500 | 13451084 |
| Brighthouse Financial Short Term Funding LLC |  |  |
| &nbsp;&nbsp;&nbsp;4.53%, 02/21/23 | 17335 | 17289354 |
| &nbsp;&nbsp;&nbsp;5.44%, 10/16/23 | 8720 | 8392590 |
| &nbsp;&nbsp;&nbsp;5.55%, 11/14/23 | 4413 | 4225977 |
| Brookfield BRP Holdings Canada Inc., 4.68%, 02/06/23 | 12000 | 11990638 |
| Brookfield Infrastructure Holdings Canada Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.87%, 03/14/23 | 20000 | 19887067 |
| &nbsp;&nbsp;&nbsp;4.90%, 03/21/23 | 20428 | 20292785 |
| Canadian Imperial Bank of Commerce, 4.97%, 06/05/23<sup>(b)</sup> | 35000 | 35064580 |
| CDP Financial Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.04%, 08/10/23 | 25000 | 24349141 |
| &nbsp;&nbsp;&nbsp;5.08%, 09/07/23 | 10000 | 9700335 |
| CenterPoint Energy Resources Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.74%, 02/09/23 | 23000 | 22972803 |
| &nbsp;&nbsp;&nbsp;4.76%, 02/22/23 | 25000 | 24927431 |
| &nbsp;&nbsp;&nbsp;4.77%, 02/23/23 | 25000 | 24924100 |
| Citigroup Global Markets Inc., 4.78%, 04/11/23 | 30000 | 29723908 |
| Collateralized Commercial Paper V Co. LLC, 4.84%, 02/21/23, (1 day SOFR + 0.540%)<sup>(b)</sup> | 28200 | 28205527 |
| Commonwealth Bank of Australia, 4.90%, 07/13/23, (1 day SOFR + 0.600%)<sup>(a)(b)</sup> | 35000 | 35050143 |
| Credit Industriel et Commercial, 5.06%, 07/19/23 | 19358 | 19363379 |
| Credit Industriel et Commercial/New York |  |  |
| &nbsp;&nbsp;&nbsp;4.51%, 03/08/23 | 25000 | 24887650 |
| &nbsp;&nbsp;&nbsp;4.70%, 05/04/23 | 15500 | 15314167 |
| DNB Bank ASA |  |  |
| &nbsp;&nbsp;&nbsp;4.46%, 03/02/23 | 10000 | 9962958 |
| &nbsp;&nbsp;&nbsp;4.63%, 04/28/23 | 10000 | 9889365 |
| Dominion Energy Inc., 4.73%, 02/27/23 | 8896 | 8864535 |
| E.ON SE |  |  |
| &nbsp;&nbsp;&nbsp;4.60%, 02/03/23 | 12940 | 12935044 |
| &nbsp;&nbsp;&nbsp;4.77%, 02/24/23 | 9895 | 9863633 |
| Enbridge U.S. Inc., 4.77%, 02/02/23 | 20000 | 19994707 |
| Enel Finance America LLC, 5.16%, 03/20/23 | 17600 | 17479757 |
| Engie SA, 4.66%, 03/08/23 | 15000 | 14930430 |
| Evergy Kansas Central Inc., 4.57%, 02/02/23 | 14350 | 14346359 |
| Eversource Energy, 4.55%, 02/06/23. | 23452 | 23434239 |
| Fidelity National Information Services Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.57%, 02/02/23 | 30000 | 29992393 |
| &nbsp;&nbsp;&nbsp;4.68%, 02/06/23 | 20000 | 19984423 |
| &nbsp;&nbsp;&nbsp;4.72%, 02/13/23 | 10595 | 10576987 |
| &nbsp;&nbsp;&nbsp;4.72%, 02/14/23 | 16193 | 16163340 |
| &nbsp;&nbsp;&nbsp;4.74%, 02/27/23 | 9705 | 9670593 |
| Fiserv Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.61%, 02/03/23 | 20000 | 19992315 |
| &nbsp;&nbsp;&nbsp;4.70%, 02/06/23 | 13500 | 13489441 |
| &nbsp;&nbsp;&nbsp;4.74%, 02/14/23 | 10455 | 10435769 |
| &nbsp;&nbsp;&nbsp;4.74%, 02/16/23 | 4545 | 4535439 |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| &nbsp;&nbsp;&nbsp;4.77%, 03/01/23 | $35000 | $34866105 |
| &nbsp;&nbsp;&nbsp;4.82%, 03/13/23 | 14116 | 14038929 |
| Glencove Funding LLC, 4.52%, 02/17/23 | 31933 | 31865007 |
| HSBC Bank PLC, 5.16%, 11/01/23, (1 day SOFR + 0.850%)<sup>(a)(b)</sup> | 20000 | 20068195 |
| HSBC USA Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.24%, 08/14/23 | 15000 | 14586031 |
| &nbsp;&nbsp;&nbsp;5.27%, 09/07/23 | 20000 | 19379135 |
| &nbsp;&nbsp;&nbsp;5.32%, 10/17/23 | 29412 | 28327958 |
| Hyundai Capital America |  |  |
| &nbsp;&nbsp;&nbsp;4.76%, 02/21/23 | 20140 | 20084231 |
| &nbsp;&nbsp;&nbsp;4.76%, 02/22/23 | 9090 | 9063614 |
| &nbsp;&nbsp;&nbsp;4.78%, 02/27/23 | 9881 | 9845710 |
| &nbsp;&nbsp;&nbsp;4.78%, 02/28/23 | 25000 | 24907347 |
| &nbsp;&nbsp;&nbsp;4.81%, 03/07/23 | 15000 | 14930190 |
| ING U.S. Funding LLC |  |  |
| &nbsp;&nbsp;&nbsp;4.50%, 02/22/23 | 25000 | 24931387 |
| &nbsp;&nbsp;&nbsp;5.07%, 08/22/23 | 25000 | 24305571 |
| Kookmin Bank, 4.78%, 04/25/23 | 25000 | 24724433 |
| Korea Development Bank, 5.13%, 10/06/23 | 9745 | 9412360 |
| Korea Development Bank (The), 4.82%, 05/26/23 | 12500 | 12310570 |
| Korea Development Bank/New York NY, 4.45%, 02/06/23 | 7500 | 7494445 |
| La Fayette Asset Securitization LLC |  |  |
| &nbsp;&nbsp;&nbsp;4.31%, 02/01/23 | 13666 | 13664365 |
| &nbsp;&nbsp;&nbsp;4.36%, 02/03/23 | 16304 | 16298075 |
| Landesbank Baden-Wuerttemberg, 4.51%, 02/14/23 | 40000 | 39930016 |
| Liberty Street Funding LLC |  |  |
| &nbsp;&nbsp;&nbsp;4.50%, 02/14/23 | 20000 | 19965023 |
| &nbsp;&nbsp;&nbsp;4.57%, 02/28/23 | 10000 | 9964596 |
| Lime Funding LLC, 4.55%, 02/24/23 | 13699 | 13657565 |
| Lloyds Bank PLC, 4.47%, 02/07/23 | 21250 | 21231530 |
| LMA-Americas LLC |  |  |
| &nbsp;&nbsp;&nbsp;4.59%, 02/21/23 | 12903 | 12868565 |
| &nbsp;&nbsp;&nbsp;4.75%, 05/02/23 | 32447 | 32062414 |
| Mackinac Funding Co. LLC, 4.76%, 04/12/23 | 10000 | 9907049 |
| Macquarie Bank Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.48%, 01/09/24, (1 day SOFR + 0.640%)<sup>(a)(b)</sup> | 15000 | 15025050 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 02/28/23, (1 day SOFR + 0.300%)<sup>(a)(b)</sup> | 25000 | 25004069 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.05%, 04/25/23, (1 day SOFR + 0.750%)<sup>(a)(b)</sup> | 25000 | 25031884 |
| &nbsp;&nbsp;&nbsp;5.14%, 08/17/23 | 10000 | 9725110 |
| Marriott International Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.32%, 02/22/23 | 16095 | 16050122 |
| &nbsp;&nbsp;&nbsp;5.34%, 03/01/23 | 9035 | 9001199 |
| Mercedes-Benz Finance North America LLC |  |  |
| &nbsp;&nbsp;&nbsp;4.68%, 02/06/23 | 40000 | 39968793 |
| &nbsp;&nbsp;&nbsp;4.78%, 02/27/23 | 10000 | 9964285 |
| Mitsubishi HC Capital America Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.64%, 02/03/23 | 19925 | 19917302 |
| &nbsp;&nbsp;&nbsp;4.72%, 02/06/23 | 13000 | 12989771 |
| &nbsp;&nbsp;&nbsp;4.76%, 02/08/23 | 13130 | 13116132 |
| Mitsubishi HC Finance America LLC, 4.57%, 02/02/23 | 3800 | 3799036 |
| Mohawk Industries Inc., 4.57%, 02/02/23 | 7600 | 7598072 |
| Mondelez International Inc., 4.68%, 02/06/23 | 16989 | 16975746 |
| Mont Blanc Capital Corp., 4.73%, 04/20/23 | 7895 | 7813901 |
| National Australia Bank Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;4.31%, 02/01/23 | 15000 | 14998203 |
| &nbsp;&nbsp;&nbsp;4.50%, 02/24/23 | 17000 | 16949147 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 05/03/23<sup>(a)(b)</sup> | 25000 | 25030210 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.70%, 04/05/23, (1 day SOFR + 0.400%)<sup>(a)(b)</sup> | 25000 | 25005225 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.80%, 03/14/23, (1 day SOFR + 0.500%)<sup>(a)(b)</sup> | 10000 | 10004112 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **BlackRock Ultra Short-Term Bond ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| National Rural Utilities Cooperative Finance Corp., 4.49%, 02/16/23 | $10000 | $9980062 |
| NextEra Energy Capital Holdings Inc., 4.73%, 02/08/23 | 20000 | 19978978 |
| Nordea Bank Abp, 5.03%, 08/01/23, (1 day SOFR + 0.730%)<sup>(a)(b)</sup> | 30000 | 30071820 |
| Norinchukin Bank, 4.70%, 02/24/23 | 25000 | 25002011 |
| Nutrien Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;4.77%, 02/21/23 | 5743 | 5727054 |
| &nbsp;&nbsp;&nbsp;4.78%, 02/23/23 | 4257 | 4244049 |
| &nbsp;&nbsp;&nbsp;4.82%, 03/09/23 | 6780 | 6746566 |
| &nbsp;&nbsp;&nbsp;4.87%, 03/20/23 | 17065 | 16955010 |
| Penske Truck Leasing Co. LP, 4.78%, 02/07/23 | 25000 | 24976764 |
| Podium Funding Trust, 4.85%, 05/08/23 | 23000 | 22703339 |
| Pricoa Short Term Funding LLC |  |  |
| &nbsp;&nbsp;&nbsp;5.16%, 09/13/23 | 15000 | 14531719 |
| &nbsp;&nbsp;&nbsp;5.23%, 10/18/23 | 9130 | 8797800 |
| Pure Grove Funding, 5.35%, 01/08/24 | 20000 | 19032330 |
| Raytheon Technologies Corp., 4.68%, 02/06/23 | 34500 | 34473084 |
| Reckitt Benckiser Treasury Services PLC, 4.70%, 02/27/23 | 8390 | 8360520 |
| Salisbury Receivables Co. LLC, 4.34%, 02/02/23 | 30000 | 29992765 |
| Skandinaviska Enskilda Banken AB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.68%, 04/05/23, (1 day SOFR + 0.380%)<sup>(a)(b)</sup> | 25000 | 25007500 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.02%, 06/01/23<sup>(a)(b)</sup> | 35000 | 35060465 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.05%, 08/02/23<sup>(a)(b)</sup> | 17500 | 17543693 |
| Skandinaviska Enskilda Banken AB/New York NY, 4.82%, 04/12/23, (1 day SOFR + 0.510%)<sup>(b)</sup> | 20000 | 20014665 |
| Spire Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.74%, 02/15/23 | 4500 | 4491129 |
| &nbsp;&nbsp;&nbsp;4.75%, 02/17/23 | 8800 | 8780319 |
| &nbsp;&nbsp;&nbsp;4.77%, 02/23/23 | 13500 | 13459014 |
| &nbsp;&nbsp;&nbsp;4.79%, 03/02/23 | 20570 | 20488234 |
| Suncorp-Metway Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;4.97%, 04/17/23 | 15228 | 15069864 |
| &nbsp;&nbsp;&nbsp;5.43%, 07/31/23 | 15000 | 14601725 |
| Svenska Handelsbanken AB |  |  |
| &nbsp;&nbsp;&nbsp;4.50%, 02/27/23 | 30000 | 29899132 |
| &nbsp;&nbsp;&nbsp;4.51%, 03/06/23 | 25000 | 24893986 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.05%, 07/28/23, (1 day SOFR + 0.750%)<sup>(a)(b)</sup> | 25000 | 25060721 |
| TELUS Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.57%, 02/02/23 | 23850 | 23843949 |
| &nbsp;&nbsp;&nbsp;4.68%, 02/06/23 | 19231 | 19215997 |
| &nbsp;&nbsp;&nbsp;4.81%, 03/08/23 | 11177 | 11123462 |
| &nbsp;&nbsp;&nbsp;4.86%, 03/20/23 | 13795 | 13706160 |
| &nbsp;&nbsp;&nbsp;4.99%, 04/17/23 | 11913 | 11788786 |
| &nbsp;&nbsp;&nbsp;5.00%, 04/18/23 | 8987 | 8891965 |
| Toronto-Dominion Bank, 4.49%, 02/17/23 | 20000 | 19957689 |
| TransCanada PipeLines Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;4.54%, 02/01/23 | 50150 | 50143677 |
| &nbsp;&nbsp;&nbsp;4.68%, 02/06/23 | 19190 | 19175029 |
| &nbsp;&nbsp;&nbsp;4.72%, 02/10/23 | 10670 | 10656016 |
| &nbsp;&nbsp;&nbsp;4.77%, 02/23/23 | 4918 | 4903069 |
| &nbsp;&nbsp;&nbsp;4.80%, 03/06/23 | 10852 | 10802978 |
| UBS AG/London, 4.97%, 09/26/23<sup>(a)(b)</sup> | 10000 | 10009973 |
| Union Electric Co. |  |  |
| &nbsp;&nbsp;&nbsp;4.72%, 02/13/23 | 7850 | 7836654 |
| &nbsp;&nbsp;&nbsp;4.72%, 02/14/23 | 16071 | 16041563 |
| Victory Receivables Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.32%, 02/01/23 | 15000 | 14998198 |
| &nbsp;&nbsp;&nbsp;4.48%, 02/08/23 | 15000 | 14985087 |
| Virginia Electric and Power Co., 4.59%, 02/13/23 | 13235 | 13213106 |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| VW Credit Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.60%, 02/03/23 | $13740 | $13734738 |
| &nbsp;&nbsp;&nbsp;4.82%, 03/09/23 | 12765 | 12702118 |
| Waste Management Inc., 4.68%, 02/06/23 | 9447 | 9439642 |
| Westpac Banking Corp., 4.50%, 03/03/23 | 5000 | 4980685 |
| **Total Commercial Paper — 42.5%** |  |  |
| &nbsp;&nbsp;&nbsp;**(Cost: $2,878,417,410)** |  | 2877571675 |
| **Corporate Bonds & Notes** |  |  |
| **Aerospace & Defense — 0.2%** |  |  |
| Lockheed Martin Corp., 4.95%, 10/15/25 (Call 09/15/25)<sup>(c)</sup> | 6195 | 6290807 |
| Raytheon Technologies Corp., 3.65%, 08/16/23 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 07/16/23) | 4000 | 3970822 |
|  |  | 10261629 |
| **Agriculture — 0.7%** |  |  |
| Cargill Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.40%, 02/02/24 (Call 01/02/24)<sup>(a)(c)</sup> | 10165 | 9715809 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 04/22/25 (Call 04/22/23)<sup>(a)</sup> | 6825 | 6643294 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 10/10/25 (Call 09/10/25)<sup>(a)</sup> | 14235 | 14324906 |
| Philip Morris International Inc., 5.13%, 11/15/24 | 16000 | 16111965 |
|  |  | 46795974 |
| **Auto Manufacturers — 4.6%** |  |  |
| American Honda Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.65%, 09/08/23<sup>(c)</sup> | 20000 | 19487554 |
| &nbsp;&nbsp;&nbsp;0.75%, 08/09/24 | 3235 | 3048829 |
| &nbsp;&nbsp;&nbsp;&nbsp;0.88%, 07/07/23<sup>(c)</sup> | 7025 | 6906217 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.81%, 02/22/23, (3 mo. LIBOR US + 0.150%)<sup>(b)(c)</sup> | 8820 | 8819534 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.15%, 09/08/23, (3 mo. LIBOR US + 0.420%)<sup>(b)</sup> | 5790 | 5798413 |
| BMW U.S. Capital LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.75%, 08/12/24<sup>(a)</sup> | 2925 | 2756965 |
| &nbsp;&nbsp;&nbsp;&nbsp;0.80%, 04/01/24<sup>(a)</sup> | 3350 | 3199386 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.51%, 08/12/24, (1 day SOFR + 0.380%)<sup>(a)(b)</sup> | 19960 | 19820337 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.84%, 04/01/24, (1 day SOFR + 0.530%)<sup>(a)(b)</sup> | 15615 | 15565403 |
| Daimler Finance North America LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.75%, 03/01/24<sup>(a)</sup> | 26690 | 25506004 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.75%, 03/10/23<sup>(a)(c)</sup> | 13184 | 13142567 |
| Daimler Truck Finance North America LLC, 5.20%, 01/17/25 | 9295 | 9343016 |
| Daimler Trucks Finance North America LLC, 1.13%, 12/14/23<sup>(a)</sup> | 4000 | 3866420 |
| Hyundai Capital America |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.80%, 04/03/23<sup>(a)</sup> | 21620 | 21471471 |
| &nbsp;&nbsp;&nbsp;&nbsp;0.80%, 01/08/24<sup>(a)</sup> | 3000 | 2878618 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.38%, 02/10/23<sup>(a)</sup> | 7560 | 7555394 |
| Hyundai Capital Services Inc., 0.75%, 09/15/23<sup>(a)</sup> | 20000 | 19103750 |
| PACCAR Financial Corp. |  |  |
| &nbsp;&nbsp;&nbsp;0.80%, 06/08/23 | 2760 | 2722211 |
| &nbsp;&nbsp;&nbsp;3.15%, 06/13/24 | 8865 | 8701533 |
| Toyota Motor Credit Corp. |  |  |
| &nbsp;&nbsp;&nbsp;0.50%, 06/18/24 | 4000 | 3777401 |
| &nbsp;&nbsp;&nbsp;2.50%, 03/22/24 | 15000 | 14642294 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.90%, 03/30/23<sup>(c)</sup> | 10000 | 9973509 |
| &nbsp;&nbsp;&nbsp;3.65%, 08/18/25 | 13145 | 12855006 |
| &nbsp;&nbsp;&nbsp;4.40%, 09/20/24 | 15000 | 14928421 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.51%, 02/13/23, (1 day SOFR + 0.200%)<sup>(b)(c)</sup> | 22277 | 22276053 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.58%, 09/13/24, (1 day SOFR + 0.290%)<sup>(b)</sup> | 12000 | 11968764 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.93%, 03/22/24, (1 day SOFR + 0.320%)<sup>(b)</sup> | 10000 | 10023090 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **BlackRock Ultra Short-Term Bond ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Auto Manufacturers (continued)** |  |  |
| Volkswagen Group of America Finance LLC, 5.21%, 06/07/24<sup>(a)(b)</sup> | $12380 | $12368574 |
|  |  | 312506734 |
| **Auto Parts & Equipment — 0.1%** |  |  |
| Aptiv PLC/Aptiv Corp., 2.40%, 02/18/25 (Call 02/18/23) | 3275 | 3124954 |
| **Banks — 13.1%** |  |  |
| Australia & New Zealand Banking Group Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;4.83%, 02/03/25 | 14970 | 14991198 |
| &nbsp;&nbsp;&nbsp;5.09%, 12/08/25 | 10810 | 10928971 |
| Banco Santander SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.70%, 06/30/24 (Call 06/30/23)<sup>(b)</sup> | 8200 | 8029276 |
| &nbsp;&nbsp;&nbsp;3.89%, 05/24/24 | 15800 | 15566390 |
| Bank of America Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.52%, 06/14/24 (Call 06/14/23), (1 day SOFR + 0.410%)<sup>(b)</sup> | 18580 | 18244645 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2025, 4.76%, 02/04/25 (Call 02/04/24), (1 day SOFR + 0.660%)<sup>(b)</sup> | 15000 | 14900373 |
| Bank of New York Mellon Corp. (The), 3.43%, 06/13/25 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 06/13/24)<sup>(b)</sup> | 16100 | 15825970 |
| Banque Federative du Credit Mutuel SA, 4.93%, 01/26/26<sup>(a)</sup> | 17400 | 17386670 |
| Canadian Imperial Bank of Commerce, 3.50%, 09/13/23<sup>(c)</sup> | 4500 | 4463841 |
| Citigroup Inc., 4.14%, 05/24/25 (Call 05/24/24), (1 day SOFR + 1.372%)<sup>(b)(c)</sup> | 4770 | 4716084 |
| Commonwealth Bank of Australia, 5.08%, 01/10/25<sup>(c)</sup> | 17800 | 17938375 |
| Cooperatieve Rabobank UA/NY, 3.88%, 08/22/24 | 16800 | 16598925 |
| Credit Suisse AG/New York NY |  |  |
| &nbsp;&nbsp;&nbsp;0.50%, 02/02/24 | 5335 | 5012790 |
| &nbsp;&nbsp;&nbsp;1.00%, 05/05/23 | 5000 | 4940273 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.70%, 02/02/24, (1 day SOFR + 0.390%)<sup>(b)</sup> | 15000 | 14665830 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.73%, 07/10/23, (1 day SOFR + 0.420%)<sup>(b)</sup> | 14000 | 13983261 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.85%, 01/19/24, (1 day SOFR + 0.540%)<sup>(b)</sup> | 10000 | 9962913 |
| Deutsche Bank AG/New York NY |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.16%, 05/13/25<sup>(c)</sup> | 6905 | 6815718 |
| &nbsp;&nbsp;&nbsp;Series E, 0.96%, 11/08/23 | 20815 | 20183102 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series E, 4.59%, 11/08/23, (1 day SOFR + 0.500%)<sup>(b)</sup> | 16220 | 16171255 |
| Goldman Sachs Group Inc. (The) |  |  |
| &nbsp;&nbsp;&nbsp;0.52%, 03/08/23 | 20000 | 19913207 |
| &nbsp;&nbsp;&nbsp;1.22%, 12/06/23 (Call 02/06/23) | 12000 | 11629855 |
| HSBC Holdings PLC, 1.16%, 11/22/24 (Call 11/22/23), (1 day SOFR + 0.580%)<sup>(b)</sup> | 6995 | 6744297 |
| JPMorgan Chase & Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.70%, 03/16/24 (Call 03/16/23), (1 day SOFR + 0.580%)<sup>(b)</sup> | 4000 | 3976675 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.85%, 06/14/25 (Call 06/14/24)<sup>(b)(c)</sup> | 16100 | 15818250 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 03/16/24 (Call 03/16/23), (1 day SOFR + 0.580%)<sup>(b)(c)</sup> | 20000 | 20004140 |
| KeyBank NA, 4.70%, 01/26/26 | 3275 | 3278996 |
| KeyBank NA/Cleveland OH |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.43%, 06/14/24 (Call 06/14/23), (1 day SOFR + 0.320%)<sup>(b)</sup> | 10000 | 9798068 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.15%, 08/08/25<sup>(c)</sup> | 5370 | 5308292 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 06/14/24 (Call 06/14/23), (1 day SOFR + 0.320%)<sup>(b)</sup> | 15565 | 15525076 |
| Korea Development Bank (The), 5.02%, 02/18/23, (3 mo. LIBOR US + 0.350%)<sup>(b)</sup> | 16455 | 16463228 |
| Macquarie Bank Ltd., 4.61%, 04/06/23, (1 day SOFR + 0.300%)<sup>(a)(b)</sup> | 15000 | 15001485 |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Banks (continued)** |  |  |
| Mitsubishi UFJ Financial Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.79%, 07/18/25 (Call 07/18/24)<sup>(b)</sup> | $9010 | $8963286 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.06%, 09/12/25 (Call 09/12/24)<sup>(b)</sup> | 15675 | 15655833 |
| Morgan Stanley |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.73%, 04/05/24 (Call 04/05/23), (1 day SOFR + 0.616%)<sup>(b)</sup> | 30000 | 29739957 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.62%, 04/17/25 (Call 04/17/24), (1 day SOFR + 1.160%)<sup>(b)</sup> | 6865 | 6740835 |
| &nbsp;&nbsp;&nbsp;3.75%, 02/25/23 | 15384 | 15369070 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.58%, 11/10/23 (Call 10/10/23), (1 day SOFR + 0.466%)<sup>(b)(c)</sup> | 15000 | 14992650 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.76%, 01/25/24 (Call 12/25/23), (1 day SOFR + 0.455%)<sup>(b)</sup> | 10000 | 9990190 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.93%, 01/24/25 (Call 01/24/24), (3 mo. LIBOR US + 0.140%)<sup>(b)</sup> | 15000 | 14915550 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.47%, 04/17/25 (Call 04/17/24), (1 day SOFR + 0.950%)<sup>(b)</sup> | 10000 | 10025540 |
| MUFG Bank Ltd., 4.85%, 05/31/23<sup>(b)</sup> | 25000 | 25024819 |
| National Australia Bank Ltd., 4.97%, 01/12/26 | 17800 | 18011080 |
| Nordea Bank Abp |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.00%, 06/09/23<sup>(a)</sup> | 3135 | 3092401 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.60%, 06/06/25<sup>(a)</sup> | 10665 | 10365835 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 09/22/25<sup>(a)</sup> | 16900 | 16887028 |
| PNC Financial Services Group Inc. (The), 5.67%, 10/28/25 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 10/28/24)<sup>(b)</sup> | 15526 | 15733223 |
| Societe Generale SA, 4.35%, 06/13/25<sup>(a)(c)</sup> | 15000 | 14763065 |
| Sumitomo Mitsui Financial Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;0.51%, 01/12/24 | 3580 | 3428982 |
| &nbsp;&nbsp;&nbsp;5.46%, 01/13/26 | 17800 | 18079624 |
| Sumitomo Mitsui Trust Bank Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.80%, 09/12/23<sup>(a)(c)</sup> | 12744 | 12415579 |
| &nbsp;&nbsp;&nbsp;&nbsp;0.80%, 09/16/24<sup>(a)(c)</sup> | 12000 | 11182570 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.55%, 03/10/25<sup>(a)(c)</sup> | 10000 | 9481703 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 09/16/24, (1 day SOFR + 0.440%)<sup>(a)(b)</sup> | 15000 | 14940712 |
| Svenska Handelsbanken AB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.63%, 06/30/23<sup>(a)</sup> | 6310 | 6198959 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.65%, 06/10/25<sup>(a)(c)</sup> | 15900 | 15484643 |
| Swedbank AB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.60%, 09/25/23<sup>(a)(c)</sup> | 14500 | 14076020 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.30%, 06/02/23<sup>(a)</sup> | 6680 | 6598237 |
| Truist Bank |  |  |
| &nbsp;&nbsp;&nbsp;1.25%, 03/09/23 (Call 02/09/23) | 15000 | 14946333 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.51%, 01/17/24 (Call 03/03/23), (1 day SOFR + 0.200%)<sup>(b)</sup> | 45000 | 44884109 |
| UBS AG/London |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.38%, 06/01/23<sup>(a)(c)</sup> | 4440 | 4372460 |
| &nbsp;&nbsp;&nbsp;&nbsp;0.45%, 02/09/24<sup>(a)</sup> | 7000 | 6681671 |
| &nbsp;&nbsp;&nbsp;&nbsp;0.70%, 08/09/24<sup>(a)</sup> | 4330 | 4062139 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.38%, 01/13/25 (Call 12/13/24)<sup>(a)(c)</sup> | 6970 | 6536531 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.48%, 02/09/24, (1 day SOFR + 0.360%)<sup>(a)(b)</sup> | 5000 | 4996472 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.56%, 06/01/23, (1 day SOFR + 0.320%)<sup>(a)(b)</sup> | 8470 | 8470084 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.57%, 08/09/24, (1 day SOFR + 0.450%)<sup>(a)(b)</sup> | 8470 | 8459573 |
| UBS Group AG, 4.49%, 08/05/25 (Call 08/05/24)<sup>(a)(b)(c)</sup> | 8810 | 8724376 |
| Westpac Banking Corp. |  |  |
| &nbsp;&nbsp;&nbsp;1.02%, 11/18/24 | 3550 | 3331103 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.47%, 11/18/24, (1 day SOFR + 0.300%)<sup>(b)</sup> | 12445 | 12400071 |
| &nbsp;&nbsp;&nbsp;5.35%, 10/18/24 | 17600 | 17823279 |
|  |  | 882633021 |
| **Beverages — 0.8%** |  |  |
| Coca-Cola Europacific Partners PLC, 0.50%, 05/05/23<sup>(a)(c)</sup> | 52207 | 51615595 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **BlackRock Ultra Short-Term Bond ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Beverages (continued)** |  |  |
| PepsiCo Inc., 0.75%, 05/01/23 | $1615 | $1598804 |
|  |  | 53214399 |
| **Biotechnology — 0.2%** |  |  |
| Gilead Sciences Inc., 0.75%, 09/29/23 (Call 02/13/23) | 15971 | 15531405 |
| **Chemicals — 0.5%** |  |  |
| Ecolab Inc., 0.90%, 12/15/23 (Call 03/03/23)<sup>(c)</sup> | 8800 | 8491623 |
| Linde Inc., 4.80%, 12/05/24 | 17700 | 17777280 |
| Sherwin-Williams Co. (The), 4.05%, 08/08/24<sup>(c)</sup> | 7310 | 7226870 |
|  |  | 33495773 |
| **Cosmetics & Personal Care — 0.3%** |  |  |
| GSK Consumer Healthcare Capital U.S. LLC |  |  |
| &nbsp;&nbsp;&nbsp;3.02%, 03/24/24 (Call 03/24/23) | 9235 | 9024089 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.20%, 03/24/24 (Call 03/24/23)<sup>(b)</sup> | 2150 | 2145582 |
| Unilever Capital Corp., 0.63%, 08/12/24 (Call 03/03/23)<sup>(c)</sup> | 5975 | 5629376 |
|  |  | 16799047 |
| **Diversified Financial Services — 0.8%** |  |  |
| American Express Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.75%, 11/03/23<sup>(c)</sup> | 10000 | 9717234 |
| &nbsp;&nbsp;&nbsp;3.38%, 05/03/24 | 7600 | 7469193 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.29%, 11/03/23, (1 day SOFR + 0.230%)<sup>(b)</sup> | 10000 | 9986546 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.18%, 03/04/25 (Call 02/01/25), (1 day SOFR + 0.930%)<sup>(b)(c)</sup> | 8235 | 8260593 |
| Capital One Financial Corp., 4.17%, 05/09/25 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 05/09/24)<sup>(b)</sup> | 15800 | 15542546 |
| LSEGA Financing PLC, 0.65%, 04/06/24 (Call 03/06/24)<sup>(a)</sup> | 3895 | 3688824 |
|  |  | 54664936 |
| **Electric — 3.7%** |  |  |
| Dominion Energy Inc., Series D, 5.30%, 09/15/23 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 02/21/23), (3 mo. LIBOR US + 0.530%)<sup>(b)</sup> | 30560 | 30597559 |
| Duke Energy Corp., 4.54%, 06/10/23, (1 day SOFR + 0.250%)<sup>(b)</sup> | 14765 | 14749382 |
| Eversource Energy, 4.39%, 08/15/23, (1 day SOFR + 0.250%)<sup>(b)(c)</sup> | 23850 | 23798964 |
| Florida Power & Light Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.35%, 05/10/23 (Call 02/13/23), (1 day SOFR + 0.250%)<sup>(b)</sup> | 11020 | 11008758 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.69%, 01/12/24 (Call 02/13/23), (1 day SOFR + 0.250%)<sup>(b)(c)</sup> | 8240 | 8221140 |
| National Rural Utilities Cooperative Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.49%, 08/07/23, (1 day SOFR + 0.330%)<sup>(b)</sup> | 16150 | 16142892 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series D, 4.64%, 10/18/24, (1 day SOFR + 0.330%)<sup>(b)</sup> | 5000 | 4941104 |
| NextEra Energy Capital Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;0.65%, 03/01/23 | 6888 | 6867023 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.94%, 03/21/24 (Call 03/03/23)<sup>(c)</sup> | 15000 | 14695163 |
| &nbsp;&nbsp;&nbsp;4.26%, 09/01/24 | 10000 | 9914118 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.46%, 11/03/23 (Call 03/03/23), (1 day SOFR + 0.400%)<sup>(b)</sup> | 30000 | 29958000 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.78%, 03/01/23, (1 day SOFR + 0.540%)<sup>(b)</sup> | 9305 | 9305265 |
| PPL Electric Utilities Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.64%, 06/24/24 (Call 02/13/23), (1 day SOFR + 0.330%)<sup>(b)</sup> | 8065 | 7971472 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.97%, 09/28/23 (Call 02/13/23), (3 mo. LIBOR US + 0.250%)<sup>(b)</sup> | 8710 | 8676590 |
| WEC Energy Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.55%, 09/15/23<sup>(c)</sup> | 21955 | 21365056 |
| &nbsp;&nbsp;&nbsp;4.75%, 01/09/26 (Call 12/09/25) | 10000 | 10024068 |
| &nbsp;&nbsp;&nbsp;5.00%, 09/27/25 (Call 08/27/25) | 7465 | 7504049 |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Electric (continued)** |  |  |
| Wisconsin Public Service Corp., 5.35%, 11/10/25 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 10/10/25)<sup>(c)</sup> | $8520 | $8668485 |
| Xcel Energy Inc., 0.50%, 10/15/23 (Call 09/15/23) | 7560 | 7337655 |
|  |  | 251746743 |
| **Food — 1.2%** |  |  |
| Hormel Foods Corp., 0.65%, 06/03/24 (Call 03/03/23) | 12125 | 11498291 |
| Nestle Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.61%, 09/14/24 (Call 09/14/23)<sup>(a)</sup> | 35000 | 32837850 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 09/12/25<sup>(a)(c)</sup> | 17000 | 16818019 |
| Walmart Inc., 3.90%, 09/09/25 | 20000 | 19893794 |
|  |  | 81047954 |
| **Gas — 0.7%** |  |  |
| Atmos Energy Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.63%, 03/09/23 (Call 02/16/23)<sup>(c)</sup> | 8175 | 8141211 |
| &nbsp;&nbsp;&nbsp;5.10%, 03/09/23 (Call 03/03/23), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 0.380%)<sup>(b)(c)</sup> | 23770 | 23768719 |
| CenterPoint Energy Resources Corp., 0.70%, 03/02/23<sup>(c)</sup> | 15935 | 15885328 |
|  |  | 47795258 |
| **Health Care - Products — 0.9%** |  |  |
| Thermo Fisher Scientific Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.80%, 10/18/23 (Call 03/03/23)<sup>(c)</sup> | 30000 | 29149041 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.66%, 04/18/23 (Call 03/03/23), (1 day SOFR + 0.350%)<sup>(b)(c)</sup> | 20000 | 19999208 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.84%, 10/18/24 (Call 03/03/23), (1 day SOFR + 0.530%)<sup>(b)</sup> | 9215 | 9191398 |
|  |  | 58339647 |
| **Health Care - Services — 1.0%** |  |  |
| Roche Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.88%, 03/08/24<sup>(a)</sup> | 15000 | 14543054 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.49%, 03/05/24, (1 day SOFR + 0.240%)<sup>(a)(b)</sup> | 5370 | 5358112 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.62%, 09/11/23, (1 day SOFR + 0.240%)<sup>(a)(b)</sup> | 15000 | 15000897 |
| UnitedHealth Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;0.55%, 05/15/24 (Call 02/13/23) | 15135 | 14367499 |
| &nbsp;&nbsp;&nbsp;5.00%, 10/15/24 | 17600 | 17777810 |
|  |  | 67047372 |
| **Insurance — 2.7%** |  |  |
| Athene Global Funding, 2.51%, 03/08/24<sup>(a)</sup> | 10000 | 9645164 |
| Brighthouse Financial Global Funding |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.20%, 12/15/23<sup>(a)</sup> | 17000 | 16389340 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.51%, 02/24/23, (1 day SOFR + 0.310%)<sup>(a)(b)(c)</sup> | 23890 | 23886475 |
| MassMutual Global Funding II |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.85%, 06/09/23<sup>(a)</sup> | 8328 | 8212584 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.15%, 08/26/25<sup>(a)</sup> | 7302 | 7209033 |
| Metropolitan Life Global Funding I |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.55%, 06/07/24<sup>(a)(c)</sup> | 3590 | 3382318 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 01/07/24, (1 day SOFR + 0.320%)<sup>(a)(b)</sup> | 27000 | 26938339 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 01/06/26<sup>(c)</sup> | 10000 | 10132140 |
| New York Life Global Funding |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.15%, 06/06/24<sup>(a)</sup> | 8400 | 8224176 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.60%, 08/05/25<sup>(a)(c)</sup> | 16500 | 16077107 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.68%, 06/06/24<sup>(a)(b)</sup> | 9130 | 9136727 |
| Northwestern Mutual Global Funding, 4.00%, 07/01/25<sup>(a)</sup> | 16300 | 16073213 |
| Principal Life Global Funding II |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.75%, 08/23/24<sup>(a)(c)</sup> | 660 | 618594 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.58%, 08/23/24, (1 day SOFR + 0.380%)<sup>(a)(b)</sup> | 635 | 628065 |
| Protective Life Global Funding |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.63%, 10/13/23<sup>(a)(c)</sup> | 4820 | 4676216 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.86%, 03/31/23<sup>(a)(b)</sup> | 9525 | 9524393 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **BlackRock Ultra Short-Term Bond ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Insurance (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.37%, 01/06/26<sup>(a)(c)</sup> | $10000 | $10183942 |
|  |  | 180937826 |
| **Internet — 0.8%** |  |  |
| Amazon.com Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.25%, 05/12/23<sup>(c)</sup> | 9205 | 9092415 |
| &nbsp;&nbsp;&nbsp;2.73%, 04/13/24 | 20000 | 19549277 |
| &nbsp;&nbsp;&nbsp;3.00%, 04/13/25 | 10000 | 9707499 |
| eBay Inc., 5.90%, 11/22/25 (Call 10/22/25) | 17600 | 18179550 |
|  |  | 56528741 |
| **Machinery — 1.6%** |  |  |
| Caterpillar Financial Services Corp. |  |  |
| &nbsp;&nbsp;&nbsp;0.95%, 01/10/24 | 20000 | 19289397 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.41%, 05/17/24, (1 day SOFR + 0.245%)<sup>(b)</sup> | 10000 | 9996382 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.56%, 09/13/24, (1 day SOFR + 0.270%)<sup>(b)</sup> | 15620 | 15578607 |
| John Deere Capital Corp. |  |  |
| &nbsp;&nbsp;&nbsp;0.90%, 01/10/24 | 3605 | 3475291 |
| &nbsp;&nbsp;&nbsp;3.40%, 06/06/25 | 10390 | 10141997 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.43%, 07/10/23, (1 day SOFR + 0.120%)<sup>(b)(c)</sup> | 7330 | 7322968 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.51%, 10/11/24, (1 day SOFR + 0.200%)<sup>(b)(c)</sup> | 14290 | 14215035 |
| &nbsp;&nbsp;&nbsp;4.80%, 01/09/26 | 17800 | 18030842 |
| Rockwell Automation Inc., 0.35%, 08/15/23 (Call 02/13/23) | 9050 | 8835475 |
|  |  | 106885994 |
| **Manufacturing — 0.3%** |  |  |
| Siemens Financieringsmaatschappij NV, 4.72%, 03/11/24, (1 day SOFR + 0.430%)<sup>(a)(b)(c)</sup> | 18980 | 18975836 |
| **Media — 0.0%** |  |  |
| Comcast Corp., 5.25%, 11/07/25<sup>(c)</sup> | 2950 | 3013174 |
| **Oil & Gas — 0.8%** |  |  |
| Chevron Corp., 1.14%, 05/11/23<sup>(c)</sup> | 4510 | 4465518 |
| Chevron USA Inc., 4.85%, 08/11/23, (3 mo. LIBOR US + 0.200%)<sup>(b)(c)</sup> | 37065 | 37058711 |
| ConocoPhillips Co., 2.13%, 03/08/24 (Call 03/03/23) | 16000 | 15552004 |
|  |  | 57076233 |
| **Pharmaceuticals — 0.6%** |  |  |
| AstraZeneca PLC, 0.30%, 05/26/23 | 24000 | 23660894 |
| Merck & Co. Inc., 2.75%, 02/10/25 (Call 11/10/24) | 17000 | 16466911 |
|  |  | 40127805 |
| **Pipelines — 1.0%** |  |  |
| Enbridge Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.55%, 10/04/23<sup>(c)</sup> | 5380 | 5219783 |
| &nbsp;&nbsp;&nbsp;2.15%, 02/16/24 | 5530 | 5365974 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.56%, 02/17/23, (1 day SOFR + 0.400%)<sup>(b)</sup> | 11350 | 11349501 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.79%, 02/16/24, (1 day SOFR + 0.630%)<sup>(b)</sup> | 10125 | 10089610 |
| Enterprise Products Operating LLC, 5.05%, 01/10/26 | 12365 | 12544558 |
| TransCanada PipeLines Ltd., 1.00%, 10/12/24 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 09/12/24)<sup>(c)</sup> | 27205 | 25451771 |
|  |  | 70021197 |
| **Retail — 0.4%** |  |  |
| Home Depot Inc. (The), 4.00%, 09/15/25 (Call 08/15/25)<sup>(c)</sup> | 5170 | 5145970 |
| Lowe's Companies Inc., 4.40%, 09/08/25<sup>(c)</sup> | 11510 | 11459452 |
| McDonald's Corp., 3.35%, 04/01/23 (Call 03/01/23)<sup>(c)</sup> | 1263 | 1260673 |
| Starbucks Corp., 4.55%, 02/14/24 (Call 02/14/23), (1 day SOFR + 0.420%)<sup>(b)</sup> | 11515 | 11486899 |
|  |  | 29352994 |
| **Savings & Loans — 0.2%** |  |  |
| Nationwide Building Society, 0.55%, 01/22/24<sup>(a)</sup> | 16520 | 15795527 |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Semiconductors — 0.7%** |  |  |
| Analog Devices Inc., 4.56%, 10/01/24, (1 day SOFR + 0.250%)<sup>(b)</sup> | $15330 | $15142592 |
| NVIDIA Corp. |  |  |
| &nbsp;&nbsp;&nbsp;0.31%, 06/15/23 (Call 03/03/23) | 28000 | 27542454 |
| &nbsp;&nbsp;&nbsp;0.58%, 06/14/24 (Call 06/14/23) | 5305 | 5026304 |
|  |  | 47711350 |
| **Software — 0.2%** |  |  |
| Adobe Inc., 1.70%, 02/01/23 | 4010 | 4010000 |
| salesforce.com Inc., 0.63%, 07/15/24 (Call 03/03/23) | 9415 | 8888104 |
|  |  | 12898104 |
| **Telecommunications — 0.7%** |  |  |
| Bell Telephone Co. of Canada or Bell Canada (The), Series US-3, 0.75%, 03/17/24 | 21081 | 20122918 |
| NTT Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.58%, 03/01/24<sup>(a)</sup> | 6005 | 5727346 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.14%, 07/26/24<sup>(a)</sup> | 2830 | 2798291 |
| Verizon Communications Inc. |  |  |
| &nbsp;&nbsp;&nbsp;0.75%, 03/22/24 | 3580 | 3417813 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.81%, 03/22/24, (1 day SOFR + 0.500%)<sup>(b)</sup> | 16955 | 16918451 |
|  |  | 48984819 |
| **Total Corporate Bonds & Notes — 38.8%** |  |  |
| &nbsp;&nbsp;&nbsp;**(Cost: $2,656,371,057)** |  | 2623314446 |
| **Municipal Debt Obligations** |  |  |
| **Alabama — 0.1%** |  |  |
| Alabama Federal Aid Highway Finance Authority RB, 0.45%, 09/01/23 | 3545 | 3452465 |
| **California — 0.0%** |  |  |
| Port of Oakland RB, 0.82%, 05/01/23 | 400 | 395545 |
| **New York — 1.6%** |  |  |
| Deutsche Bank Spears/Lifers Trust RB, 4.52%, 04/01/31 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Put 02/08/23)<sup>(a)(d)</sup> | 51500 | 51500000 |
| Long Island Power Authority RB |  |  |
| &nbsp;&nbsp;&nbsp;0.36%, 03/01/23 Call | 6800 | 6774588 |
| &nbsp;&nbsp;&nbsp;0.76%, 03/01/23 Call | 1290 | 1285681 |
| Mizuho Floater/Residual Trust RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;VRDN, 4.09%, 02/01/23 (Put 02/01/23)<sup>(a)(d)</sup> | 9200 | 9200000 |
| &nbsp;&nbsp;&nbsp;&nbsp;VRDN, 4.09%, 02/15/41 (Put 03/03/23)<sup>(a)(d)</sup> | 4726 | 4726192 |
| &nbsp;&nbsp;&nbsp;&nbsp;VRDN, 4.24%, 03/01/31 Put <sup>(a)(d)</sup> | 18000 | 18000000 |
| New York State Dormitory Authority RB, 2.01%, 03/15/23 | 1765 | 1758861 |
| Port Authority of New York & New Jersey RB, Series AAA, 1.09%, 07/01/23 | 12570 | 12375379 |
| Taxable Municipal Funding Trust RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;VRDN, 4.22%, 01/16/25 (Put 01/31/23)<sup>(a)(d)</sup> | 1085 | 1085000 |
| &nbsp;&nbsp;&nbsp;&nbsp;VRDN, 4.22%, 09/01/30 (Put 05/01/25)<sup>(a)(d)</sup> | 4340 | 4340000 |
|  |  | 111045701 |
| **Total Municipal Debt Obligations — 1.7%** |  |  |
| &nbsp;&nbsp;&nbsp;**(Cost $115,221,192)** |  | 114893711 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **BlackRock Ultra Short-Term Bond ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
|  | *Par* |  |
| *Security* | *(000)* | *Value* |
| **Repurchase Agreements<sup>(b)(e)</sup>** |  |  |
| Bank of America Securities Inc., 4.64%, 02/01/23 (Purchased on 01/31/22 to be repurchased at $35,004,511, collateralized by U.S. Government Agency mortgage-backed security, 1.25% to 9.81%, due 11/25/23 to 09/25/48, par and fair value of $129,280,740 and $42,000,000, respectively) | $35000 | $35000000 |
| Bank of America Securities Inc., 4.82%, 02/01/23 (Purchased on 01/31/23 to be repurchased at $7,000,937, collateralized by non-agency mortgage-backed security, 3.64%, due 10/25/59, par and fair value of $10,568,683 and $8,400,001, respectively) | 7000 | 7000000 |
| BNP Paribas, 4.67%, 02/01/23 (Purchased on 01/31/23 to be repurchased at $20,002,594, collateralized by non-agency mortgage-backed security, 2.38% to 11.50%, due 06/15/23 to 03/15/42, par and fair value of $23,465,469 and $21,988,452, respectively) | 20000 | 20000000 |
| Citigroup Global Markets Inc., 4.61%, 02/01/23 (Purchased on 01/31/23 to be repurchased at $9,001,153, collateralized by non-agency mortgage-backed security, 1.07% to 3.75%, due 07/25/62 to 07/25/68, par and fair value of $20,875,372 and $10,423,165, respectively) | 9000 | 9000000 |
| Citigroup Global Markets Inc., 4.63%, 02/01/23 (Purchased on 01/31/23 to be repurchased at $12,001,543, collateralized by non-agency mortgage-backed security, 1.24% to 3.18%, due 05/25/51 to 07/25/68, par and fair value of $16,761,045 and $12,649,265, respectively) | 12000 | 12000000 |
| Credit Suisse Securities (USA) LLC, 4.80%, 02/01/23 (Purchased on 01/31/23 to be repurchased at $17,002,267, collateralized by non-agency mortgage-backed security, 0.00% to 6.68%, due 11/25/30 to 02/15/68, par and fair value of $691,105,199 and $19,550,000, respectively) | 17000 | 17000000 |
| Credit Suisse Securities (USA) LLC, 4.90%, 02/01/23 (Purchased on 01/31/23 to be repurchased at $16,002,178, collateralized by non-agency mortgage-backed security, 0.00% to 6.81%, due 04/17/31 to 12/27/60, par and fair value of $171,787,291 and $18,400,000, respectively) | 16000 | 16000000 |
| Credit Suisse Securities (USA) LLC, 5.05%, 02/01/23 (Purchased on 01/31/23 to be repurchased at $16,002,244, collateralized by non-agency mortgage-backed security, 0.00% to 8.35%, due 01/25/26 to 06/15/61, par and fair value of $778,084,930 and $18,399,081, respectively) | 16000 | 16000000 |
| Goldman Sachs & Co. LLC, 4.82%, 02/01/23 (Purchased on 01/31/23 to be repurchased at $60,008,033, collateralized by non-agency mortgage-backed security, 3.13% to 9.03%, due 12/15/23 to 12/31/79, par and fair value of $66,973,923 and $63,403,792, respectively) | 60000 | 60000000 |

---

---

| | | |
|:---|:---|:---|
|  | *Par/* |  |
|  | *Shares* |  |
| *Security* | *(000)* | *Value* |
| Mizuho Securities USA Inc., 4.77%, 02/01/23 (Purchased on 01/31/23 to be repurchased at $6,000,795, collateralized by non-agency mortgage-backed security, 1.11%, due 10/31/28, par and fair value of $125,297,299 and $6,180,000, respectively) | $6000 | $6000000 |
| Mizuho Securities USA Inc., 4.87%, 02/01/23 (Purchased on 01/31/23 to be repurchased at $30,004,058, collateralized by non-agency mortgage-backed security, 2.31% to 5.22%, due 07/25/49 to 11/20/51, par and fair value of $38,796,696 and $34,500,000, respectively) | 30000 | 30000000 |
| **Total Repurchase Agreements — 3.4%** |  |  |
| &nbsp;&nbsp;&nbsp;**(Cost: $228,000,000)** |  | 228000000 |
| **U.S. Government Obligations** |  |  |
| **U.S. Government Obligations — 0.2%** |  |  |
| U.S. Treasury Note/Bond, 0.25%, 09/30/23 | 10000 | 9706641 |
| **Total U.S. Government Obligations — 0.2%** |  |  |
| &nbsp;&nbsp;&nbsp;**(Cost: $9,996,052)** |  | 9706641 |
| **Money Market Funds** |  |  |
| BlackRock Cash Funds: Institutional, SL Agency Shares, 4.56%<sup>(f)(g)(h)</sup> | 43434 | 43460512 |
| **Total Money Market Funds — 0.6%** |  |  |
| &nbsp;&nbsp;&nbsp;**(Cost: $43,427,960)** |  | 43460512 |
| **Total Investments — 101.1%** |  |  |
| &nbsp;&nbsp;&nbsp;**(Cost: $6,873,953,222)** |  | 6837582914 |
| **Liabilities in Excess of Other Assets — (1.1)%** |  | (73502929) |
| **Net Assets — 100.0%** |  | $6764079985 |

---

<sup>(a)</sup> Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors.

<sup>(b)</sup> Variable rate security. Interest rate resets periodically. The rate shown is the effective interest rate as of period end. Security description also includes the reference rate and spread if published and available.

<sup>(c)</sup> All or a portion of this security is on loan.

<sup>(d)</sup> Variable rate security. Rate as of period end and maturity is the date the principal owed can be recovered through demand.

<sup>(e)</sup> Maturity date represents next reset date.

<sup>(f)</sup> Affiliate of the Fund.

<sup>(g)</sup> Annualized 7-day yield as of period end.

<sup>(h)</sup> All or a portion of this security was purchased with the cash collateral from loaned securities.

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **BlackRock Ultra Short-Term Bond ETF** |
| January 31, 2023 |  |

---

**Affiliates**

Investments in issuers considered to be affiliate(s) of the Fund during the period ended January 31, 2023 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Affiliated Issuer* | *Value at*<br> *10/31/22* | *Purchases*<br> *at Cost* |  | *Proceeds*<br> *from Sale* |  | *Net Realized*<br> *Gain (Loss)* | *Change in*<br> *Unrealized*<br> *Appreciation*<br> *(Depreciation)* | *Value at*<br> *01/31/23* | *Shares*<br> *Held at*<br> *01/31/23*<br> *(000)* | *Income* |  | *Capital Gain*<br> *Distributions from*<br> *Underlying Funds* |
| BlackRock Cash Funds: Institutional, SL Agency Shares | $56987823 | $— |  | $(13570242) |)<sup>(a)</sup> | $8598 | $34333 | $43460512 | 43434 | $54382 | <sup>(b)</sup> | $— |
| BlackRock Cash Funds: Treasury, SL Agency Shares<sup>(c)</sup> |  | 0 | <sup>(a)</sup> |  |  |  |  |  |  | 16871 |  |  |
|  |  |  |  |  |  | $8598 | $34333 | $43460512 |  | $71253 |  | $— |

---

<sup>(a)</sup> Represents net amount purchased (sold).

<sup>(b)</sup> All or a portion represents securities lending income earned from the reinvestment of cash collateral from loaned securities, net of fees and collateral investment expenses, and other payments to and from borrowers of securities.

<sup>(c)</sup> As of period end, the entity is no longer held.

**Fair Value Hierarchy as of Period End**

Various inputs are used in determining the fair value of financial instruments. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows:

● Level 1 – Unadjusted price quotations in active markets/exchanges for identical assets or liabilities that each Fund has the ability to access;

● Level 2 – Other observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market-corroborated inputs); and

● Level 3 – Unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the Valuation Committee's assumptions used in determining the fair value of financial instruments).

The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds. There may not be a secondary market, and/or there are a limited number of investors. The categorization of a value determined for financial instruments is based on the pricing transparency of the financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Fund's policy regarding valuation of financial instruments, refer to its most recent financial statements.

The following table summarizes the Fund's financial instruments categorized in the fair value hierarchy. The breakdown of the Fund's financial instruments into major categories is disclosed in the Schedule of Investments above.

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **BlackRock Ultra Short-Term Bond ETF** |
| January 31, 2023 |  |

---

**Fair Value Hierarchy as of Period End (continued)**

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | *Level 1* | *Level 2* | *Level 3* | *Total* |
| Assets |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Investments |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Long-Term Investments |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asset-Backed Securities | $— | $161567333 | $— | $161567333 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Certificates of Deposit |  | 779068596 |  | 779068596 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Commercial Paper |  | 2877571675 |  | 2877571675 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Corporate Bonds & Notes |  | 2623314446 |  | 2623314446 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Municipal Debt Obligations |  | 114893711 |  | 114893711 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Repurchase Agreements |  | 228000000 |  | 228000000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Government & Agency Obligations |  | 9706641 |  | 9706641 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Short-Term Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | 43460512 |  |  | 43460512 |
|  | $43460512 | $6794122402 | $— | $6837582914 |

---

---

| | |
|:---|:---|
| **Portfolio Abbreviation** | **Portfolio Abbreviation** |
| LIBOR | London Interbank Offered Rate |
| RB | Revenue Bond |
| SOFR | Secured Overnight Financing Rate |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** iShares U.S. ETF Trust

- **b. Investment Company Act file number:** 811-22649

- **c. CIK number of Registrant:** 0001524513

- **d. LEI of Registrant:** 5493002YECWEEITPWL97

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

  - **Street Address 1:** 400 HOWARD STREET

  - **City:** SAN FRANCISCO

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94105

  - **Telephone number:** 800-474-2737

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

- **a. Name of Series:** BlackRock Ultra Short-Term Bond ETF

- **b. EDGAR series identifier (if any):** S000040474

- **c. LEI of Series:** 549300JE6SRZTXKUCU42

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

- **a. Date of fiscal year-end:** 2023-10-31

- **b. Date as of which information is reported:** 2023-01-31

**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:** $6878282964.32

**Total Liabilities:** $99225540.72

**Net Assets:** $6779057423.60

**Delayed Delivery Securities:** $14970000.00

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 61788.69000000 | **1-Year:** 248748.95000000 | **5-Year:** 85194.84000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

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

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

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000125661 | 0.46%                | 0.42%                | 0.57%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1531.39                | $13880012.93                               |
| Month 2  | $-151249.07              | $6547753.69                                |
| Month 3  | $6277.74                 | $15359559.58                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CITIBANK N.A.                                     | CITIBANK N.A.                                          | CUSIP: 17305T5Y4<br>LEI: MBNUM2BPBDO7JBLYG310 | Long             | STIV             | CORP              | US        |  15000000 | PA      | $14960721.30  | 0.22%             | 2023-05-01      | Fixed         | 3.77%                 | No            |                  2 | On Loan: No      |
| WEC ENERGY GROUP INC                              | WEC Energy Group Inc                                   | CUSIP: 92939UAC0<br>LEI: 549300IGLYTZUK3PVP70 | Long             | DBT              | CORP              | US        |  21955000 | PA      | $21365055.76  | 0.32%             | 2023-09-15      | Fixed         | 0.55%                 | No            |                  2 | On Loan: —       |
| NATIONAL AUSTRALI BANK L                          | National Australia Bank Ltd                            | CUSIP: 63254GVT9<br>LEI: F8SB4JFBSYQFRQEH3Z21 | Long             | STIV             | CORP              | AU        |  25000000 | PA      | $25030210.50  | 0.37%             | 2023-05-03      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| SKANDINAV ENSKILDA BANK                           | Skandinaviska Enskilda Banken AB                       | CUSIP: 83050WEK6<br>LEI: F3JS33DEI6XQ4ZBPTN86 | Long             | STIV             | CORP              | SE        |  17500000 | PA      | $17543692.95  | 0.26%             | 2023-08-02      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                            | NextEra Energy Capital Holdings Inc                    | CUSIP: 65339KBU3<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |   6888000 | PA      | $6867023.28   | 0.10%             | 2023-03-01      | Fixed         | 0.65%                 | No            |                  2 | On Loan: No      |
| WESTPAC BKING CORP N                              | WESTPAC BKING CORP N                                   | CUSIP: 96130APY8<br>LEI: N/A                  | Long             | STIV             | CORP              | AU        |  17000000 | PA      | $16910985.11  | 0.25%             | 2023-09-06      | Fixed         | 4.22%                 | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC NY                              | Barclays Bank PLC/NY                                   | CUSIP: 06742TS31<br>LEI: G5GSEF7VJP5I7OUK5573 | Long             | STIV             | CORP              | GB        |  15000000 | PA      | $15016847.25  | 0.22%             | 2023-06-08      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                            | Mitsubishi UFJ Financial Group Inc                     | CUSIP: 606822CQ5<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |  15675000 | PA      | $15655833.24  | 0.23%             | 2025-09-12      | Fixed         | 5.06%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ FIN NA                              | Mercedes-Benz Finance North America LLC                | CUSIP: 233851DY7<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |  13184000 | PA      | $13142566.78  | 0.19%             | 2023-03-10      | Fixed         | 1.75%                 | No            |                  2 | On Loan: —       |
| Fidelity National Information Services Inc        | Fidelity National Information Services Inc             | CUSIP: 31622GP68<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | STIV             | CORP              | US        |  20000000 | PA      | $19984423.40  | 0.29%             | 2023-02-06      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| TORONTO DOMINION                                  | TORONTO DOMINION                                       | CUSIP: 89114WVW2<br>LEI: N/A                  | Long             | STIV             | CORP              | CA        |  10000000 | PA      | $9951264.00   | 0.15%             | 2023-04-28      | Fixed         | 2.69%                 | No            |                  2 | On Loan: No      |
| CARGILL INC                                       | Cargill Inc                                            | CUSIP: 141781BU7<br>LEI: QXZYQNMR4JZ5RIRN4T31 | Long             | DBT              | CORP              | US        |   6825000 | PA      | $6643294.41   | 0.10%             | 2025-04-22      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| AUST & NZ BANKING GROUP                           | Australia & New Zealand Banking Group Ltd              | CUSIP: 05252ADF5<br>LEI: JHE42UYNWWTJB8YTTU19 | Long             | DBT              | CORP              | AU        |  14970000 | PA      | $14991198.12  | 0.22%             | 2025-02-03      | Fixed         | 4.83%                 | No            |                  2 | On Loan: No      |
| EBAY INC                                          | eBay Inc                                               | CUSIP: 278642BC6<br>LEI: OML71K8X303XQONU6T67 | Long             | DBT              | CORP              | US        |  17600000 | PA      | $18179549.87  | 0.27%             | 2025-11-22      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                               | BANK OF NOVA SCOTIA                                    | CUSIP: 06417MA54<br>LEI: N/A                  | Long             | STIV             | CORP              | CA        |  20000000 | PA      | $19902177.60  | 0.29%             | 2023-07-14      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE                            | American Honda Finance Corp                            | CUSIP: 02665WDM0<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |  20000000 | PA      | $19487554.20  | 0.29%             | 2023-09-08      | Fixed         | 0.65%                 | No            |                  2 | On Loan: —       |
| Fiserv Inc                                        | Fiserv Inc                                             | CUSIP: 33774LQ19<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | STIV             | CORP              | US        |  35000000 | PA      | $34866104.70  | 0.51%             | 2023-03-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                                 | BARCLAYS BANK PLC                                      | CUSIP: 06742TJ56<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |  15000000 | PA      | $14961872.55  | 0.22%             | 2023-03-03      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| CenterPoint Energy Resources Corp                 | CenterPoint Energy Resources Corp                      | CUSIP: 15200LP94<br>LEI: 2JADVB0458J06WCD4N56 | Long             | STIV             | CORP              | US        |  23000000 | PA      | $22972802.50  | 0.34%             | 2023-02-09      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| THERMO FISHER SCIENTIFIC                          | Thermo Fisher Scientific Inc                           | CUSIP: 883556CP5<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | DBT              | CORP              | US        |  30000000 | PA      | $29149041.00  | 0.43%             | 2023-10-18      | Fixed         | 0.80%                 | No            |                  2 | On Loan: —       |
| AMAZON.COM INC                                    | Amazon.com Inc                                         | CUSIP: 023135CD6<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |  20000000 | PA      | $19549276.40  | 0.29%             | 2024-04-13      | Fixed         | 2.73%                 | No            |                  2 | On Loan: No      |
| American Express Credit Account Master Trust      | American Express Credit Account Master Trust           | CUSIP: 02582JJX9<br>LEI: 549300Y4SA5G3GIJTP18 | Long             | ABS-O            | CORP              | US        |  14709000 | PA      | $14924588.34  | 0.22%             | 2027-10-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI BKG CORP                          | SUMITOMO MITSUI BKG CORP                               | CUSIP: 86565FKC5<br>LEI: N/A                  | Long             | STIV             | CORP              | JP        |  50000000 | PA      | $49758236.00  | 0.73%             | 2023-04-25      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| American Honda Finance Corp                       | American Honda Finance Corp                            | CUSIP: 02665KPG6<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | STIV             | CORP              | US        |  18000000 | PA      | $17961904.08  | 0.26%             | 2023-02-16      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| UBS AG LONDON                                     | UBS AG/London                                          | CUSIP: 902674YG9<br>LEI: BFM8T61CT2L1QCEMIK50 | Long             | DBT              | CORP              | CH        |   8470000 | PA      | $8470084.45   | 0.12%             | 2023-06-01      | Floating      | 4.56%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED BK/NY                          | Standard Chartered Bank/New York                       | CUSIP: 85325VV98<br>LEI: RILFO74KP1CM8P6PCT96 | Long             | DBT              | CORP              | GB        |  25000000 | PA      | $25009524.75  | 0.37%             | 2023-05-01      | Floating      | 4.65%                 | No            |                  2 | On Loan: No      |
| TELUS Corp                                        | TELUS Corp                                             | CUSIP: 87974WP69<br>LEI: L2TEUTQ8OSHMJWVLCE40 | Long             | STIV             | CORP              | CA        |  19231000 | PA      | $19215996.55  | 0.28%             | 2023-02-06      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| ROCHE HOLDINGS INC                                | Roche Holdings Inc                                     | CUSIP: 771196BU5<br>LEI: PVJRP0EQNV6OGDPZGY95 | Long             | DBT              | CORP              | US        |  15000000 | PA      | $14543053.80  | 0.21%             | 2024-03-08      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Versailles Commercial Paper LLC                   | Versailles Commercial Paper LLC                        | CUSIP: 92512MT58<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |  14805000 | PA      | $14560666.13  | 0.21%             | 2023-06-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PPL ELECTRIC UTI                                  | PPL Electric Utilities Corp                            | CUSIP: 69351UAY9<br>LEI: 549300GCZLSGYEYPIR35 | Long             | DBT              | CORP              | US        |   8065000 | PA      | $7971471.97   | 0.12%             | 2024-06-24      | Floating      | 4.65%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings Inc               | NextEra Energy Capital Holdings Inc                    | CUSIP: 65339NP81<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | STIV             | CORP              | US        |  20000000 | PA      | $19978977.80  | 0.29%             | 2023-02-08      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CARGILL INC                                       | Cargill Inc                                            | CUSIP: 141781BP8<br>LEI: QXZYQNMR4JZ5RIRN4T31 | Long             | DBT              | CORP              | US        |  10165000 | PA      | $9715808.65   | 0.14%             | 2024-02-02      | Fixed         | 0.40%                 | No            |                  2 | On Loan: —       |
| VERIZON COMMUNICATIONS                            | Verizon Communications Inc                             | CUSIP: 92343VGF5<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |   3580000 | PA      | $3417812.79   | 0.05%             | 2024-03-22      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| MET LIFE GLOB FUNDING I                           | Metropolitan Life Global Funding I                     | CUSIP: 59217GEN5<br>LEI: 635400MMSOCXNNNZDZ82 | Long             | DBT              | CORP              | US        |   3590000 | PA      | $3382318.50   | 0.05%             | 2024-06-07      | Fixed         | 0.55%                 | No            |                  2 | On Loan: —       |
| HYUNDAI CAPITAL AMERICA                           | Hyundai Capital America                                | CUSIP: 44891ABR7<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2878617.81   | 0.04%             | 2024-01-08      | Fixed         | 0.80%                 | No            |                  2 | On Loan: No      |
| MUFG BANK LTD/NY                                  | MUFG Bank Ltd/New York NY                              | CUSIP: 55380UAP2<br>LEI: C3GTMMZIHMY46P4OIX74 | Long             | STIV             | CORP              | JP        |  25000000 | PA      | $25024818.50  | 0.37%             | 2023-05-31      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE NEW YORK                            | Credit Suisse AG/New York NY                           | CUSIP: 22552G6F2<br>LEI: 549300D0YARF5HYP1809 | Long             | DBT              | CORP              | CH        |  10000000 | PA      | $9962913.30   | 0.15%             | 2024-01-19      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                      | Enbridge Inc                                           | CUSIP: 29250NBG9<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |   5380000 | PA      | $5219783.28   | 0.08%             | 2023-10-04      | Fixed         | 0.55%                 | No            |                  2 | On Loan: —       |
| PROTECTIVE LIFE GLOBAL                            | Protective Life Global Funding                         | CUSIP: 74368CBN3<br>LEI: 635400EVYITCJYWL2I50 | Long             | DBT              | CORP              | US        |   9525000 | PA      | $9524392.59   | 0.14%             | 2023-03-31      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| TORONTO DOMINION BK                               | TORONTO DOMINION BK                                    | CUSIP: 89115BZN3<br>LEI: N/A                  | Long             | STIV             | CORP              | CA        |  25000000 | PA      | $24994351.00  | 0.37%             | 2023-10-11      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| HSBC USA Inc                                      | HSBC USA Inc                                           | CUSIP: 40434RXH0<br>LEI: 549300LBOHZ4QSIWU288 | Long             | STIV             | CORP              | US        |  29412000 | PA      | $28327957.80  | 0.42%             | 2023-10-17      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Credit Industriel et Commercial/New York          | Credit Industriel et Commercial/New York               | CUSIP: 22536MQ84<br>LEI: N4JDFKKH2FTD8RKFXO39 | Long             | STIV             | CORP              | FR        |  25000000 | PA      | $24887650.00  | 0.37%             | 2023-03-08      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Eversource Energy                                 | Eversource Energy                                      | CUSIP: 30040YP65<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | STIV             | CORP              | US        |  23452000 | PA      | $23434239.10  | 0.35%             | 2023-02-06      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| THERMO FISHER SCIENTIFIC                          | Thermo Fisher Scientific Inc                           | CUSIP: 883556CN0<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | DBT              | CORP              | US        |  20000000 | PA      | $19999207.80  | 0.30%             | 2023-04-18      | Floating      | 4.67%                 | No            |                  2 | On Loan: —       |
| Brookfield Infrastructure Holdings Canada Inc     | Brookfield Infrastructure Holdings Canada Inc          | CUSIP: 11275NQM9<br>LEI: 549300GV8LYH0T7DZO77 | Long             | STIV             | CORP              | CA        |  20428000 | PA      | $20292785.43  | 0.30%             | 2023-03-21      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BOFA SECURITIES INC                               | TRI PARTY BOFA SECURITIES INC.                         | CUSIP: 000000000<br>LEI: 549300HN4UKV1E2R3U73 | Long             | RA               | CORP              | US        |  35000000 | PA      | $35000000.00  | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| EVERSOURCE ENERGY                                 | Eversource Energy                                      | CUSIP: 30040WAM0<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |  23850000 | PA      | $23798964.58  | 0.35%             | 2023-08-15      | Floating      | 4.39%                 | No            |                  2 | On Loan: —       |
| BANCO SANTANDER SA                                | Banco Santander SA                                     | CUSIP: 05971KAK5<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |   8200000 | PA      | $8029276.00   | 0.12%             | 2024-06-30      | Fixed         | 0.70%                 | No            |                  2 | On Loan: No      |
| Brighthouse Financial Short Term Funding LLC      | Brighthouse Financial Short Term Funding LLC           | CUSIP: 10924JYE4<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |   4413000 | PA      | $4225977.06   | 0.06%             | 2023-11-14      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MIZUHO SECURITIES USA LLC                         | TRI PARTY MIZUHO                                       | CUSIP: 000000000<br>LEI: 7TK5RJIZDFROZCA6XF66 | Long             | RA               | CORP              | US        |   6000000 | PA      | $6000000.00   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| CDP Financial Inc                                 | CDP Financial Inc                                      | CUSIP: 12509TUL9<br>LEI: 549300OXMGVYFCBFV096 | Long             | STIV             | CORP              | CA        |  14077000 | PA      | $13753002.22  | 0.20%             | 2023-07-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                            | PNC Financial Services Group Inc/The                   | CUSIP: 693475BH7<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |  15526000 | PA      | $15733222.88  | 0.23%             | 2025-10-28      | Fixed         | 5.67%                 | No            |                  2 | On Loan: No      |
| Barton Capital SA                                 | Barton Capital SA                                      | CUSIP: 06945MQV1<br>LEI: 549300KOFKIMD0C37W24 | Long             | STIV             | CORP              | US        |   5000000 | PA      | $4963084.60   | 0.07%             | 2023-03-29      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| TransCanada PipeLines Ltd                         | TransCanada PipeLines Ltd                              | CUSIP: 89355QP18<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | STIV             | CORP              | CA        |  50150000 | PA      | $50143677.09  | 0.74%             | 2023-02-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Suncorp-Metway Ltd                                | Suncorp-Metway Ltd                                     | CUSIP: 8672E3RH1<br>LEI: JEBU6C6ITPD2YZ9N7F22 | Long             | STIV             | CORP              | US        |  15228000 | PA      | $15069863.92  | 0.22%             | 2023-04-17      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PRINCIPAL LFE GLB FND II                          | Principal Life Global Funding II                       | CUSIP: 74256LER6<br>LEI: 635400WSLKBQWSOIIT41 | Long             | DBT              | CORP              | US        |    635000 | PA      | $628065.15    | 0.01%             | 2024-08-23      | Floating      | 4.58%                 | No            |                  2 | On Loan: No      |
| UBS AG LONDON                                     | UBS AG/London                                          | CUSIP: 902674YF1<br>LEI: BFM8T61CT2L1QCEMIK50 | Long             | DBT              | CORP              | CH        |   4440000 | PA      | $4372460.32   | 0.06%             | 2023-06-01      | Fixed         | 0.38%                 | No            |                  2 | On Loan: —       |
| Enbridge US Inc                                   | Enbridge US Inc                                        | CUSIP: 29251VP26<br>LEI: 5493003FRODSVHJWFS32 | Long             | STIV             | CORP              | US        |  20000000 | PA      | $19994706.60  | 0.29%             | 2023-02-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK LIFE GLOBAL FDG                          | New York Life Global Funding                           | CUSIP: 64952WET6<br>LEI: 635400DPNHEAUHB7ZI15 | Long             | DBT              | CORP              | US        |   8400000 | PA      | $8224176.41   | 0.12%             | 2024-06-06      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| KEY BANK NA                                       | KeyBank NA/Cleveland OH                                | CUSIP: 49327M3G7<br>LEI: HUX2X73FUCYHUVH1BK78 | Long             | DBT              | CORP              | US        |   3275000 | PA      | $3278995.63   | 0.05%             | 2026-01-26      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Bell Telephone Co of Canada or Bell Canada/The    | Bell Telephone Co of Canada or Bell Canada/The         | CUSIP: 07787QPD2<br>LEI: 549300JYAVAQRV5MNZ86 | Long             | STIV             | CORP              | US        |   5398000 | PA      | $5389070.36   | 0.08%             | 2023-02-13      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| UBS AG LONDON                                     | UBS AG/London                                          | CUSIP: 902674YK0<br>LEI: BFM8T61CT2L1QCEMIK50 | Long             | DBT              | CORP              | CH        |   4330000 | PA      | $4062139.49   | 0.06%             | 2024-08-09      | Fixed         | 0.70%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED BK/NY                          | Standard Chartered Bank/New York                       | CUSIP: 85325VW89<br>LEI: RILFO74KP1CM8P6PCT96 | Long             | DBT              | CORP              | GB        |  15000000 | PA      | $15014222.70  | 0.22%             | 2023-07-28      | Floating      | 4.72%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                    | Home Depot Inc/The                                     | CUSIP: 437076CR1<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |   5170000 | PA      | $5145970.36   | 0.08%             | 2025-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| ASB Bank Ltd                                      | ASB Bank Ltd                                           | CUSIP: 0020N3WC6<br>LEI: 549300IBZWZL1KTPF918 | Long             | STIV             | CORP              | NZ        |  15000000 | PA      | $14539960.05  | 0.21%             | 2023-09-12      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                                  | Deutsche Bank AG/New York NY                           | CUSIP: 251526CM9<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |  20815000 | PA      | $20183101.98  | 0.30%             | 2023-11-08      | Fixed         | 0.96%                 | No            |                  2 | On Loan: No      |
| Brighthouse Financial Short Term Funding LLC      | Brighthouse Financial Short Term Funding LLC           | CUSIP: 10924JXG0<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |   8720000 | PA      | $8392590.16   | 0.12%             | 2023-10-16      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                            | Mitsubishi UFJ Financial Group Inc                     | CUSIP: 606822CH5<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |   9010000 | PA      | $8963286.03   | 0.13%             | 2025-07-18      | Fixed         | 4.79%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                          | Sumitomo Mitsui Financial Group Inc                    | CUSIP: 86562MCT5<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |  17800000 | PA      | $18079623.76  | 0.27%             | 2026-01-13      | Fixed         | 5.46%                 | No            |                  2 | On Loan: No      |
| VW Credit Inc                                     | VW Credit Inc                                          | CUSIP: 91842KQ90<br>LEI: 549300UUPJ2NXDB68M19 | Long             | STIV             | CORP              | US        |  12765000 | PA      | $12702117.82  | 0.19%             | 2023-03-09      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ASB Bank Ltd                                      | ASB Bank Ltd                                           | CUSIP: 0020N3VB9<br>LEI: 549300IBZWZL1KTPF918 | Long             | STIV             | CORP              | NZ        |  20000000 | PA      | $19476480.00  | 0.29%             | 2023-08-11      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Mizuho Floater/Residual Trust                     | MIZUHO FLOATER/RESIDUAL TRUST VARIOUS STATES           | CUSIP: 60700HGX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4726192 | PA      | $4726192.00   | 0.07%             | 2041-02-15      | Floating      | 4.09%                 | No            |                  2 | On Loan: No      |
| American Honda Finance Corp                       | American Honda Finance Corp                            | CUSIP: 02665KQ67<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | STIV             | CORP              | US        |  20000000 | PA      | $19909937.80  | 0.29%             | 2023-03-06      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CHEVRON USA INC                                   | Chevron USA Inc                                        | CUSIP: 166756AK2<br>LEI: VA8TZDWPEZYU430RZ444 | Long             | DBT              | CORP              | US        |  37065000 | PA      | $37058710.44  | 0.55%             | 2023-08-11      | Floating      | 4.85%                 | No            |                  2 | On Loan: —       |
| Pricoa Short Term Funding LLC                     | Pricoa Short Term Funding LLC                          | CUSIP: 74154GXJ7<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |   9130000 | PA      | $8797799.84   | 0.13%             | 2023-10-18      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BOFA SECURITIES INC                               | TRIPARTY BOFA SEC                                      | CUSIP: 000000000<br>LEI: 549300HN4UKV1E2R3U73 | Long             | RA               | CORP              | US        |   7000000 | PA      | $7000000.00   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Nutrien Ltd                                       | Nutrien Ltd                                            | CUSIP: 67077VPP7<br>LEI: 5493002QQ7GD21OWF963 | Long             | STIV             | CORP              | CA        |   4257000 | PA      | $4244048.55   | 0.06%             | 2023-02-23      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                               | American Express Co                                    | CUSIP: 025816CK3<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |  10000000 | PA      | $9717233.50   | 0.14%             | 2023-11-03      | Fixed         | 0.75%                 | No            |                  2 | On Loan: —       |
| Honda Auto Receivables Owner Trust                | Honda Auto Receivables 2022-1 Owner Trust              | CUSIP: 43815BAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  10587636 | PA      | $10420120.61  | 0.15%             | 2024-10-15      | Fixed         | 1.44%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Owner Trust                      | Ford Credit Auto Owner Trust 2022-B                    | CUSIP: 34534LAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8760181 | PA      | $8692227.30   | 0.13%             | 2025-02-15      | Fixed         | 3.44%                 | No            |                  2 | On Loan: No      |
| Korea Development Bank/The                        | Korea Development Bank/The                             | CUSIP: 5006E3X62<br>LEI: 549300ML2LNRZUCS7149 | Long             | STIV             | CORP              | US        |   9745000 | PA      | $9412359.88   | 0.14%             | 2023-10-06      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SALESFORCE INC                                    | Salesforce Inc                                         | CUSIP: 79466LAG9<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | DBT              | CORP              | US        |   9415000 | PA      | $8888104.31   | 0.13%             | 2024-07-15      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| Brookfield BRP Holdings Canada Inc                | Brookfield BRP Holdings Canada Inc                     | CUSIP: 11284XP62<br>LEI: 549300NSPD7QJ50GZW26 | Long             | STIV             | CORP              | CA        |  12000000 | PA      | $11990637.96  | 0.18%             | 2023-02-06      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CONOCOPHILLIPS COMPANY                            | ConocoPhillips Co                                      | CUSIP: 20826FAT3<br>LEI: 6VJJ5GQWIRDQ06DUXG89 | Long             | DBT              | CORP              | US        |  16000000 | PA      | $15552004.32  | 0.23%             | 2024-03-08      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| Pricoa Short Term Funding LLC                     | Pricoa Short Term Funding LLC                          | CUSIP: 74154GWD1<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |  15000000 | PA      | $14531718.75  | 0.21%             | 2023-09-13      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| GSK CONSUMER HEALTHCARE                           | GSK Consumer Healthcare Capital US LLC                 | CUSIP: 36264FAH4<br>LEI: 549300N8C3A3L0UVQB07 | Long             | DBT              | CORP              | US        |   9235000 | PA      | $9024089.22   | 0.13%             | 2024-03-24      | Fixed         | 3.02%                 | No            |                  2 | On Loan: No      |
| SVENSKA HANDELSBANKEN AB                          | Svenska Handelsbanken AB                               | CUSIP: 86959LAJ2<br>LEI: NHBDILHZTYCNBV5UYZ31 | Long             | DBT              | CORP              | SE        |  15900000 | PA      | $15484642.87  | 0.23%             | 2025-06-10      | Fixed         | 3.65%                 | No            |                  2 | On Loan: —       |
| SKANDINAV ENSKILDA BANK                           | Skandinaviska Enskilda Banken AB                       | CUSIP: 83050WDR2<br>LEI: F3JS33DEI6XQ4ZBPTN86 | Long             | STIV             | CORP              | SE        |  25000000 | PA      | $25007500.00  | 0.37%             | 2023-04-05      | Floating      | 4.68%                 | No            |                  2 | On Loan: No      |
| SHERWIN-WILLIAMS CO                               | Sherwin-Williams Co/The                                | CUSIP: 824348BQ8<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | DBT              | CORP              | US        |   7310000 | PA      | $7226869.95   | 0.11%             | 2024-08-08      | Fixed         | 4.05%                 | No            |                  2 | On Loan: —       |
| STARBUCKS CORP                                    | Starbucks Corp                                         | CUSIP: 855244BB4<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | DBT              | CORP              | US        |  11515000 | PA      | $11486899.37  | 0.17%             | 2024-02-14      | Floating      | 4.55%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                          | Toyota Motor Credit Corp                               | CUSIP: 89236TJH9<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3777401.44   | 0.06%             | 2024-06-18      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| Fidelity National Information Services Inc        | Fidelity National Information Services Inc             | CUSIP: 31622GPE1<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | STIV             | CORP              | US        |  16193000 | PA      | $16163339.77  | 0.24%             | 2023-02-14      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| LOCKHEED MARTIN CORP                              | Lockheed Martin Corp                                   | CUSIP: 539830BU2<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |   6195000 | PA      | $6290807.29   | 0.09%             | 2025-10-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: —       |
| TORONTO-DOMINION                                  | TORONTO-DOMINION                                       | CUSIP: 89115BB74<br>LEI: N/A                  | Long             | STIV             | CORP              | CA        |  15000000 | PA      | $15022235.85  | 0.22%             | 2023-05-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Amcor Finance USA Inc                             | Amcor Finance USA Inc                                  | CUSIP: 0234D5PG8<br>LEI: 549300ZMT7FVT8R77U18 | Long             | STIV             | CORP              | US        |  43810000 | PA      | $43714104.73  | 0.64%             | 2023-02-16      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| KOOKMIN BANK/NEW YORK                             | Kookmin Bank/New York                                  | CUSIP: 48668MW33<br>LEI: 549300XXMOJSIW8P4769 | Long             | STIV             | CORP              | KR        |  20000000 | PA      | $20001388.80  | 0.30%             | 2023-02-21      | Floating      | 4.62%                 | No            |                  2 | On Loan: No      |
| Taxable Municipal Funding Trust                   | TXBL MUNI FUNDING TRUST VARIOUS STATES                 | CUSIP: 62630WCZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1085000 | PA      | $1085000.00   | 0.02%             | 2025-01-16      | Floating      | 4.22%                 | No            |                  2 | On Loan: No      |
| TELUS Corp                                        | TELUS Corp                                             | CUSIP: 87974WQ84<br>LEI: L2TEUTQ8OSHMJWVLCE40 | Long             | STIV             | CORP              | CA        |  11177000 | PA      | $11123462.17  | 0.16%             | 2023-03-08      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CarMax Auto Owner Trust                           | Carmax Auto Owner Trust 2022-4                         | CUSIP: 14318UAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  12861000 | PA      | $12895832.73  | 0.19%             | 2025-12-15      | Fixed         | 5.34%                 | No            |                  2 | On Loan: No      |
| Raytheon Technologies Corp                        | Raytheon Technologies Corp                             | CUSIP: 75513GP67<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | STIV             | CORP              | US        |  34500000 | PA      | $34473084.14  | 0.51%             | 2023-02-06      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MIZUHO BANK LTD/NY                                | Mizuho Bank Ltd/New York NY                            | CUSIP: 60710RJ89<br>LEI: RB0PEZSDGCO3JS6CEU02 | Long             | STIV             | CORP              | JP        |  25000000 | PA      | $25039344.75  | 0.37%             | 2023-04-26      | Floating      | 5.10%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE                            | American Honda Finance Corp                            | CUSIP: 02665WDY4<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |   3235000 | PA      | $3048828.99   | 0.04%             | 2024-08-09      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| TransCanada PipeLines Ltd                         | TransCanada PipeLines Ltd                              | CUSIP: 89355QP67<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | STIV             | CORP              | CA        |  19190000 | PA      | $19175028.54  | 0.28%             | 2023-02-06      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORP                                  | Duke Energy Corp                                       | CUSIP: 26441CBK0<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |  14765000 | PA      | $14749381.88  | 0.22%             | 2023-06-10      | Floating      | 4.54%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                                | Banco Santander SA                                     | CUSIP: 05971KAM1<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |  15800000 | PA      | $15566389.89  | 0.23%             | 2024-05-24      | Fixed         | 3.89%                 | No            |                  2 | On Loan: No      |
| PROTECTIVE LIFE GLOBAL                            | Protective Life Global Funding                         | CUSIP: 74368CAZ7<br>LEI: 635400EVYITCJYWL2I50 | Long             | DBT              | CORP              | US        |   4820000 | PA      | $4676215.74   | 0.07%             | 2023-10-13      | Fixed         | 0.63%                 | No            |                  2 | On Loan: —       |
| NATIXIS NY BRANCH                                 | Natixis SA/New York NY                                 | CUSIP: 63873QSM7<br>LEI: 2549003L5ZG5M2ZSE107 | Long             | STIV             | CORP              | FR        |  10000000 | PA      | $10000382.00  | 0.15%             | 2023-02-07      | Floating      | 4.58%                 | No            |                  2 | On Loan: No      |
| BMW US CAPITAL LLC                                | BMW US Capital LLC                                     | CUSIP: 05565EBQ7<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |   3350000 | PA      | $3199385.81   | 0.05%             | 2024-04-01      | Fixed         | 0.80%                 | No            |                  2 | On Loan: No      |
| WESTPAC BANKING CORP                              | Westpac Banking Corp                                   | CUSIP: 961214EU3<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |   3550000 | PA      | $3331103.02   | 0.05%             | 2024-11-18      | Fixed         | 1.02%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                            | Verizon Communications Inc                             | CUSIP: 92343VGD0<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |  16955000 | PA      | $16918451.46  | 0.25%             | 2024-03-22      | Floating      | 4.82%                 | No            |                  2 | On Loan: No      |
| PROTECTIVE LIFE GLOBAL                            | Protective Life Global Funding                         | CUSIP: 74368CBQ6<br>LEI: 635400EVYITCJYWL2I50 | Long             | DBT              | CORP              | US        |  10000000 | PA      | $10183941.60  | 0.15%             | 2026-01-06      | Fixed         | 5.37%                 | No            |                  2 | On Loan: —       |
| BANK OF AMERICA CORP                              | Bank of America Corp                                   | CUSIP: 06051GJY6<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |  18580000 | PA      | $18244645.12  | 0.27%             | 2024-06-14      | Fixed         | 0.52%                 | No            |                  2 | On Loan: No      |
| CITIBANK NA                                       | Citibank NA                                            | CUSIP: 17305T7L0<br>LEI: E57ODZWZ7FF32TWEFA76 | Long             | STIV             | CORP              | US        |  10000000 | PA      | $10017272.90  | 0.15%             | 2023-09-21      | Floating      | 4.92%                 | No            |                  2 | On Loan: No      |
| MACQUARIE BANK LIMITED                            | Macquarie Bank Ltd                                     | CUSIP: 55607NKM1<br>LEI: 4ZHCHI4KYZG2WVRT8631 | Long             | STIV             | CORP              | US        |  25000000 | PA      | $25004069.00  | 0.37%             | 2023-02-28      | Floating      | 4.62%                 | No            |                  2 | On Loan: No      |
| HSBC USA Inc                                      | HSBC USA Inc                                           | CUSIP: 40434RVE9<br>LEI: 549300LBOHZ4QSIWU288 | Long             | STIV             | CORP              | US        |  15000000 | PA      | $14586031.20  | 0.22%             | 2023-08-14      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Mitsubishi HC Capital America Inc                 | Mitsubishi HC Capital America Inc                      | CUSIP: 60678NP81<br>LEI: SAG6K2J487EOB0C5BI47 | Long             | STIV             | CORP              | US        |  13130000 | PA      | $13116131.83  | 0.19%             | 2023-02-08      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| LINDE INC/CT                                      | Linde Inc/CT                                           | CUSIP: 53522KAA1<br>LEI: ZU69GUVJQGZ6Z1UOOO79 | Long             | DBT              | CORP              | US        |  17700000 | PA      | $17777280.15  | 0.26%             | 2024-12-05      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Taxable Municipal Funding Trust                   | TXBL MUNI FUNDING TRUST VARIOUS STATES                 | CUSIP: 62630WEL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4340000 | PA      | $4340000.00   | 0.06%             | 2030-09-01      | Floating      | 4.22%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                    | Amazon.com Inc                                         | CUSIP: 023135BV7<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |   9205000 | PA      | $9092415.39   | 0.13%             | 2023-05-12      | Fixed         | 0.25%                 | No            |                  2 | On Loan: —       |
| BELL CANADA                                       | Bell Telephone Co of Canada or Bell Canada/The         | CUSIP: 0778FPAC3<br>LEI: 549300JYAVAQRV5MNZ86 | Long             | DBT              | CORP              | CA        |  21081000 | PA      | $20122917.67  | 0.30%             | 2024-03-17      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| Mackinac Funding Co LLC                           | Mackinac Funding Co LLC                                | CUSIP: 55458FRC3<br>LEI: 549300DSZ0UOZX6UNF02 | Long             | STIV             | CORP              | US        |  10000000 | PA      | $9907049.20   | 0.15%             | 2023-04-12      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| American Electric Power Co Inc                    | American Electric Power Co Inc                         | CUSIP: 0255E3PD4<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | STIV             | CORP              | US        |  27500000 | PA      | $27453068.23  | 0.40%             | 2023-02-13      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NTT FINANCE CORP                                  | NTT Finance Corp                                       | CUSIP: 62954WAH8<br>LEI: 3538007PR116187GD960 | Long             | DBT              | CORP              | JP        |   2830000 | PA      | $2798291.60   | 0.04%             | 2024-07-26      | Fixed         | 4.14%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE                            | American Honda Finance Corp                            | CUSIP: 02665WDP3<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |   5790000 | PA      | $5798413.39   | 0.09%             | 2023-09-08      | Floating      | 5.15%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                           | John Deere Capital Corp                                | CUSIP: 24422EVT3<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |   7330000 | PA      | $7322967.67   | 0.11%             | 2023-07-10      | Floating      | 4.44%                 | No            |                  2 | On Loan: —       |
| CarMax Auto Owner Trust                           | CarMax Auto Owner Trust 2022-2                         | CUSIP: 14317HAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2592184 | PA      | $2567974.90   | 0.04%             | 2025-05-15      | Fixed         | 2.81%                 | No            |                  2 | On Loan: No      |
| NATIONAL AUSTRALI BANK L                          | National Australia Bank Ltd                            | CUSIP: 63254GVP7<br>LEI: F8SB4JFBSYQFRQEH3Z21 | Long             | STIV             | CORP              | AU        |  25000000 | PA      | $25005225.00  | 0.37%             | 2023-04-05      | Floating      | 4.70%                 | No            |                  2 | On Loan: No      |
| SWEDBANK (NEW YORK)                               | Swedbank AB/New York                                   | CUSIP: 87019WFH3<br>LEI: M312WZV08Y7LYUC71685 | Long             | STIV             | CORP              | SE        |  35000000 | PA      | $35037377.90  | 0.52%             | 2023-04-25      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| ANALOG DEVICES INC                                | Analog Devices Inc                                     | CUSIP: 032654AT2<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | DBT              | CORP              | US        |  15330000 | PA      | $15142591.98  | 0.22%             | 2024-10-01      | Floating      | 4.57%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                          | Toyota Motor Credit Corp                               | CUSIP: 89236TKG9<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |  15000000 | PA      | $14928420.60  | 0.22%             | 2024-09-20      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Hyundai Capital America                           | Hyundai Capital America                                | CUSIP: 44890NPM6<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | STIV             | CORP              | US        |  20140000 | PA      | $20084230.74  | 0.30%             | 2023-02-21      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                          | Toyota Motor Credit Corp                               | CUSIP: 89236TJX4<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |  15000000 | PA      | $14642293.95  | 0.22%             | 2024-03-22      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Lease Securitization Trust           | Hyundai Auto Lease Securitization Trust 2022-B         | CUSIP: 44934LAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  15678129 | PA      | $15487742.73  | 0.23%             | 2024-10-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| ROCHE HOLDINGS INC                                | Roche Holdings Inc                                     | CUSIP: 771196BZ4<br>LEI: PVJRP0EQNV6OGDPZGY95 | Long             | DBT              | CORP              | US        |  15000000 | PA      | $15000896.85  | 0.22%             | 2023-09-11      | Floating      | 4.62%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                      | Comcast Corp                                           | CUSIP: 20030NDZ1<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |   2950000 | PA      | $3013173.72   | 0.04%             | 2025-11-07      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| Hyundai Capital America                           | Hyundai Capital America                                | CUSIP: 44890NPT1<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | STIV             | CORP              | US        |   9881000 | PA      | $9845710.01   | 0.15%             | 2023-02-27      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BK                              | CANADIAN IMPERIAL BK                                   | CUSIP: 13606KNA0<br>LEI: N/A                  | Long             | STIV             | CORP              | CA        |  17000000 | PA      | $16949101.32  | 0.25%             | 2023-09-14      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| CarMax Auto Owner Trust                           | CarMax Auto Owner Trust 2023-1                         | CUSIP: 14318DAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  20200000 | PA      | $20190542.36  | 0.30%             | 2026-01-15      | Fixed         | 5.23%                 | No            |                  2 | On Loan: No      |
| ADOBE INC                                         | Adobe Inc                                              | CUSIP: 00724PAA7<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | DBT              | CORP              | US        |   4010000 | PA      | $4010000.00   | 0.06%             | 2023-02-01      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| Dominion Energy Inc                               | Dominion Energy Inc                                    | CUSIP: 2574P1PT3<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | STIV             | CORP              | US        |   8896000 | PA      | $8864534.85   | 0.13%             | 2023-02-27      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE                            | American Honda Finance Corp                            | CUSIP: 02665WDV0<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |   8820000 | PA      | $8819534.48   | 0.13%             | 2023-02-22      | Floating      | 4.81%                 | No            |                  2 | On Loan: —       |
| Hyundai Auto Lease Securitization Trust           | Hyundai Auto Lease Securitization Trust 2023-A         | CUSIP: 44933VAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  11100000 | PA      | $11099226.33  | 0.16%             | 2025-04-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Victory Receivables Corp                          | Victory Receivables Corp                               | CUSIP: 92646LP87<br>LEI: 549300D0F37QF0LP7F94 | Long             | STIV             | CORP              | US        |  15000000 | PA      | $14985086.70  | 0.22%             | 2023-02-08      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                    | Morgan Stanley                                         | CUSIP: 61772BAA1<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |  30000000 | PA      | $29739957.30  | 0.44%             | 2024-04-05      | Fixed         | 0.73%                 | No            |                  2 | On Loan: No      |
| COCA-COLA EUROPACIFIC                             | Coca-Cola Europacific Partners PLC                     | CUSIP: 19123MAD5<br>LEI: 549300LTH67W4GWMRF57 | Long             | DBT              | CORP              | GB        |  52207000 | PA      | $51615594.93  | 0.76%             | 2023-05-05      | Fixed         | 0.50%                 | No            |                  2 | On Loan: —       |
| TOYOTA MOTOR CREDIT CORP                          | Toyota Motor Credit Corp                               | CUSIP: 89236TJP1<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |  12000000 | PA      | $11968764.00  | 0.18%             | 2024-09-13      | Floating      | 4.58%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                           | Hyundai Capital America                                | CUSIP: 44891ABE6<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |   7560000 | PA      | $7555394.45   | 0.11%             | 2023-02-10      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| TRUIST BANK                                       | Truist Bank                                            | CUSIP: 89788JAD1<br>LEI: JJKC32MCHWDI71265Z06 | Long             | DBT              | CORP              | US        |  45000000 | PA      | $44884108.80  | 0.66%             | 2024-01-17      | Floating      | 4.52%                 | No            |                  2 | On Loan: No      |
| BANQUE FED CRED MUTUEL                            | Banque Federative du Credit Mutuel SA                  | CUSIP: 06675FAZ0<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |  17400000 | PA      | $17386670.38  | 0.26%             | 2026-01-26      | Fixed         | 4.94%                 | No            |                  2 | On Loan: No      |
| BRIGHTHSE FIN GLBL FUND                           | Brighthouse Financial Global Funding                   | CUSIP: 10921U2G2<br>LEI: 549300BLFX3KJ2IFOA78 | Long             | DBT              | CORP              | US        |  17000000 | PA      | $16389339.60  | 0.24%             | 2023-12-15      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| Chase Issuance Trust                              | Chase Issuance Trust                                   | CUSIP: 161571HS6<br>LEI: 5493008SHVCX2Y068L12 | Long             | ABS-O            | CORP              | US        |  14100000 | PA      | $13955558.19  | 0.21%             | 2027-09-15      | Fixed         | 3.97%                 | No            |                  2 | On Loan: No      |
| BlackRock Funds III                               | BlackRock Cash Funds: Institutional, SL Agency Shares  | CUSIP: 066922519<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        |  40209954 | NS      | $40234080.10  | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| LMA-Americas LLC                                  | LMA-Americas LLC                                       | CUSIP: 53944RPM4<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |  12903000 | PA      | $12868565.12  | 0.19%             | 2023-02-21      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| TELUS Corp                                        | TELUS Corp                                             | CUSIP: 87974WRH3<br>LEI: L2TEUTQ8OSHMJWVLCE40 | Long             | STIV             | CORP              | CA        |  11913000 | PA      | $11788785.77  | 0.17%             | 2023-04-17      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL                                  | Bank of Montreal                                       | CUSIP: 06373L2V0<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | STIV             | CORP              | CA        |  12000000 | PA      | $11934497.40  | 0.18%             | 2023-05-12      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| American Electric Power Co Inc                    | American Electric Power Co Inc                         | CUSIP: 0255E3QD3<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | STIV             | CORP              | US        |  15000000 | PA      | $14917880.40  | 0.22%             | 2023-03-13      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Mercedes-Benz Finance North America LLC           | Mercedes-Benz Finance North America LLC                | CUSIP: 58768KPT6<br>LEI: 549300423Z16BB673J12 | Long             | STIV             | CORP              | US        |  10000000 | PA      | $9964285.00   | 0.15%             | 2023-02-27      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Svenska Handelsbanken AB                          | Svenska Handelsbanken AB                               | CUSIP: 86960KPT3<br>LEI: NHBDILHZTYCNBV5UYZ31 | Long             | STIV             | CORP              | SE        |  30000000 | PA      | $29899132.50  | 0.44%             | 2023-02-27      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Lease Securitization Trust           | Hyundai Auto Lease Securitization Trust 2022-C         | CUSIP: 448978AB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2378000 | PA      | $2364289.17   | 0.03%             | 2025-01-15      | Fixed         | 4.34%                 | No            |                  2 | On Loan: No      |
| APTIV PLC / APTIV CORP                            | Aptiv PLC / Aptiv Corp                                 | CUSIP: 00217GAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | JE        |   3275000 | PA      | $3124954.50   | 0.05%             | 2025-02-18      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| Waste Management Inc                              | Waste Management Inc                                   | CUSIP: 94107NP65<br>LEI: 549300YX8JIID70NFS41 | Long             | STIV             | CORP              | US        |   9447000 | PA      | $9439642.39   | 0.14%             | 2023-02-06      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                    | Morgan Stanley                                         | CUSIP: 61746BDJ2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |  15384000 | PA      | $15369069.52  | 0.23%             | 2023-02-25      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                               | JPMorgan Chase & Co                                    | CUSIP: 46647PDE3<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |  16100000 | PA      | $15818250.00  | 0.23%             | 2025-06-14      | Fixed         | 3.85%                 | No            |                  2 | On Loan: —       |
| BAYERISCHE LANDESBANK NY                          | Bayerische Landesbank/New York                         | CUSIP: 0727MCQW0<br>LEI: 549300DJ6F1V4GISFC11 | Long             | STIV             | CORP              | DE        |  15000000 | PA      | $14759590.20  | 0.22%             | 2023-06-27      | Fixed         | 0.90%                 | No            |                  2 | On Loan: No      |
| UNILEVER CAPITAL CORP                             | Unilever Capital Corp                                  | CUSIP: 904764BN6<br>LEI: MYF1DAS6G5WY7PRWCU78 | Long             | DBT              | CORP              | US        |   5975000 | PA      | $5629375.77   | 0.08%             | 2024-08-12      | Fixed         | 0.63%                 | No            |                  2 | On Loan: —       |
| Versailles Commercial Paper LLC                   | Versailles Commercial Paper LLC                        | CUSIP: 92512MU56<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |  25000000 | PA      | $24474399.25  | 0.36%             | 2023-07-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                      | Enbridge Inc                                           | CUSIP: 29250NBD6<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |  11350000 | PA      | $11349500.60  | 0.17%             | 2023-02-17      | Floating      | 4.56%                 | No            |                  2 | On Loan: No      |
| BMW US CAPITAL LLC                                | BMW US Capital LLC                                     | CUSIP: 05565EBV6<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |  19960000 | PA      | $19820337.29  | 0.29%             | 2024-08-12      | Floating      | 4.51%                 | No            |                  2 | On Loan: No      |
| NEW YORK LIFE GLOBAL FDG                          | New York Life Global Funding                           | CUSIP: 64953BAX6<br>LEI: 635400DPNHEAUHB7ZI15 | Long             | DBT              | CORP              | US        |   9130000 | PA      | $9136727.26   | 0.13%             | 2024-06-06      | Floating      | 4.68%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR FINL SERVICE                          | Caterpillar Financial Services Corp                    | CUSIP: 14913R2M8<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |  10000000 | PA      | $9996382.00   | 0.15%             | 2024-05-17      | Floating      | 4.41%                 | No            |                  2 | On Loan: No      |
| Nutrien Ltd                                       | Nutrien Ltd                                            | CUSIP: 67077VPM4<br>LEI: 5493002QQ7GD21OWF963 | Long             | STIV             | CORP              | CA        |   5743000 | PA      | $5727053.58   | 0.08%             | 2023-02-21      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| La Fayette Asset Securitization LLC               | La Fayette Asset Securitization LLC                    | CUSIP: 50286MP13<br>LEI: 549300WQLPP9XYITNS62 | Long             | STIV             | CORP              | US        |  13666000 | PA      | $13664365.00  | 0.20%             | 2023-02-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BMW US CAPITAL LLC                                | BMW US Capital LLC                                     | CUSIP: 05565EBN4<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |  15615000 | PA      | $15565402.86  | 0.23%             | 2024-04-01      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE   | CUSIP: 64990FX82<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1765000 | PA      | $1758861.33   | 0.03%             | 2023-03-15      | Fixed         | 2.01%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE BLDG SOCIETY                           | Nationwide Building Society                            | CUSIP: 63859UBG7<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |  16520000 | PA      | $15795526.63  | 0.23%             | 2024-01-22      | Fixed         | 0.55%                 | No            |                  2 | On Loan: No      |
| NESTLE HOLDINGS INC                               | Nestle Holdings Inc                                    | CUSIP: 641062AU8<br>LEI: 549300EAEU8YV8MQXP30 | Long             | DBT              | CORP              | US        |  35000000 | PA      | $32837849.80  | 0.48%             | 2024-09-14      | Fixed         | 0.61%                 | No            |                  2 | On Loan: No      |
| TransCanada PipeLines Ltd                         | TransCanada PipeLines Ltd                              | CUSIP: 89355QQ66<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | STIV             | CORP              | CA        |  10852000 | PA      | $10802978.48  | 0.16%             | 2023-03-06      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Merck & Co Inc                                    | Merck & Co Inc                                         | CUSIP: 58933YAR6<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |  17000000 | PA      | $16466911.62  | 0.24%             | 2025-02-10      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Lease Securitization Trust           | Hyundai Auto Lease Securitization Trust 2021-C         | CUSIP: 44933MAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3891080 | PA      | $3874191.09   | 0.06%             | 2024-01-16      | Fixed         | 0.24%                 | No            |                  2 | On Loan: No      |
| ING US Funding LLC                                | ING US Funding LLC                                     | CUSIP: 45685RPN1<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |  25000000 | PA      | $24931387.50  | 0.37%             | 2023-02-22      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| KOOKMIN BANK/NEW YORK                             | Kookmin Bank/New York                                  | CUSIP: 48668MW25<br>LEI: 549300XXMOJSIW8P4769 | Long             | STIV             | CORP              | KR        |  10000000 | PA      | $10000518.40  | 0.15%             | 2023-02-09      | Floating      | 4.62%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                             | Athene Global Funding                                  | CUSIP: 04685A3J8<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |  10000000 | PA      | $9645163.90   | 0.14%             | 2024-03-08      | Fixed         | 2.51%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                      | Enbridge Inc                                           | CUSIP: 29250NBK0<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |   5530000 | PA      | $5365974.23   | 0.08%             | 2024-02-16      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| Port of Oakland                                   | PORT OF OAKLAND CA                                     | CUSIP: 735000TK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $395544.80    | 0.01%             | 2023-05-01      | Fixed         | 0.82%                 | No            |                  2 | On Loan: No      |
| UBS AG LONDON                                     | UBS AG/London                                          | CUSIP: 902674YC8<br>LEI: BFM8T61CT2L1QCEMIK50 | Long             | DBT              | CORP              | CH        |   5000000 | PA      | $4996471.80   | 0.07%             | 2024-02-09      | Floating      | 4.48%                 | No            |                  2 | On Loan: No      |
| PACCAR FINANCIAL CORP                             | PACCAR Financial Corp                                  | CUSIP: 69371RQ82<br>LEI: PH3S12DWZBHHQKVYZ297 | Long             | DBT              | CORP              | US        |   2760000 | PA      | $2722210.80   | 0.04%             | 2023-06-08      | Fixed         | 0.80%                 | No            |                  2 | On Loan: No      |
| National Rural Utilities Cooperative Finance Corp | National Rural Utilities Cooperative Finance Corp      | CUSIP: 63743DPG0<br>LEI: 4NYF266XZC35SCTGX023 | Long             | STIV             | CORP              | US        |  10000000 | PA      | $9980062.20   | 0.15%             | 2023-02-16      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI TR BK LT                          | Sumitomo Mitsui Trust Bank Ltd                         | CUSIP: 86563VAX7<br>LEI: 5493006GGLR4BTEL8O61 | Long             | DBT              | CORP              | JP        |  15000000 | PA      | $14940711.60  | 0.22%             | 2024-09-16      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| PACCAR FINANCIAL CORP                             | PACCAR Financial Corp                                  | CUSIP: 69371RR81<br>LEI: PH3S12DWZBHHQKVYZ297 | Long             | DBT              | CORP              | US        |   8865000 | PA      | $8701533.48   | 0.13%             | 2024-06-13      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Mizuho Floater/Residual Trust                     | MIZUHO FLOATER/RESIDUAL TRUST VARIOUS STATES           | CUSIP: 60700HEJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  18000000 | PA      | $18000000.00  | 0.27%             | 2031-03-01      | Floating      | 4.24%                 | No            |                  2 | On Loan: No      |
| Union Electric Co                                 | Union Electric Co                                      | CUSIP: 90655KPE8<br>LEI: QMPJLLDULY5C1M8PNY21 | Long             | STIV             | CORP              | US        |  16071000 | PA      | $16041563.23  | 0.24%             | 2023-02-14      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                    | Lowe's Cos Inc                                         | CUSIP: 548661EK9<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |  11510000 | PA      | $11459451.76  | 0.17%             | 2025-09-08      | Fixed         | 4.40%                 | No            |                  2 | On Loan: —       |
| Port Authority of New York & New Jersey           | PORT AUTH OF NEW YORK & NEW JERSEY NY                  | CUSIP: 73358W4V3<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |  12570000 | PA      | $12375378.69  | 0.18%             | 2023-07-01      | Fixed         | 1.09%                 | No            |                  2 | On Loan: No      |
| Nissan Auto Receivables Owner Trust               | Nissan Auto Receivables 2022-B Owner Trust             | CUSIP: 65480JAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   9440000 | PA      | $9398315.79   | 0.14%             | 2025-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AUST & NZ BANKING GROUP                           | Australia & New Zealand Banking Group Ltd              | CUSIP: 05253MSV7<br>LEI: JHE42UYNWWTJB8YTTU19 | Long             | STIV             | CORP              | AU        |  35000000 | PA      | $35056568.75  | 0.52%             | 2023-06-08      | Floating      | 4.96%                 | No            |                  2 | On Loan: No      |
| Fidelity National Information Services Inc        | Fidelity National Information Services Inc             | CUSIP: 31622GPT8<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | STIV             | CORP              | US        |   9705000 | PA      | $9670593.35   | 0.14%             | 2023-02-27      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                               | JPMorgan Chase & Co                                    | CUSIP: 46647PCA2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |  20000000 | PA      | $20004140.00  | 0.30%             | 2024-03-16      | Floating      | 4.90%                 | No            |                  2 | On Loan: —       |
| UBS AG LONDON                                     | UBS AG/London                                          | CUSIP: 90276JQG4<br>LEI: BFM8T61CT2L1QCEMIK50 | Long             | STIV             | CORP              | CH        |  10000000 | PA      | $10009973.00  | 0.15%             | 2023-09-26      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| ATMOS ENERGY CORP                                 | Atmos Energy Corp                                      | CUSIP: 049560AU9<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | DBT              | CORP              | US        |   8175000 | PA      | $8141211.17   | 0.12%             | 2023-03-09      | Fixed         | 0.63%                 | No            |                  2 | On Loan: —       |
| UBS AG LONDON                                     | UBS AG/London                                          | CUSIP: 902674YB0<br>LEI: BFM8T61CT2L1QCEMIK50 | Long             | DBT              | CORP              | CH        |   7000000 | PA      | $6681671.08   | 0.10%             | 2024-02-09      | Fixed         | 0.45%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                          | Toyota Motor Credit Corp                               | CUSIP: 89236TJY2<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |  10000000 | PA      | $10023090.00  | 0.15%             | 2024-03-22      | Floating      | 4.94%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE NEW YORK                            | Credit Suisse AG/New York NY                           | CUSIP: 22552G5Z9<br>LEI: 549300D0YARF5HYP1809 | Long             | DBT              | CORP              | CH        |  14000000 | PA      | $13983260.76  | 0.21%             | 2023-07-10      | Floating      | 4.73%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                    | Morgan Stanley                                         | CUSIP: 6174468T9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |  15000000 | PA      | $14992650.00  | 0.22%             | 2023-11-10      | Variable      | 4.60%                 | No            |                  2 | On Loan: —       |
| SWEDBANK AB                                       | Swedbank AB                                            | CUSIP: 87020PAL1<br>LEI: M312WZV08Y7LYUC71685 | Long             | DBT              | CORP              | SE        |  14500000 | PA      | $14076020.00  | 0.21%             | 2023-09-25      | Fixed         | 0.60%                 | No            |                  2 | On Loan: —       |
| ECOLAB INC                                        | Ecolab Inc                                             | CUSIP: 278865BK5<br>LEI: 82DYEISM090VG8LTLS26 | Long             | DBT              | CORP              | US        |   8800000 | PA      | $8491622.48   | 0.13%             | 2023-12-15      | Fixed         | 0.90%                 | No            |                  2 | On Loan: —       |
| Mitsubishi HC Capital America Inc                 | Mitsubishi HC Capital America Inc                      | CUSIP: 60678NP32<br>LEI: SAG6K2J487EOB0C5BI47 | Long             | STIV             | CORP              | US        |  19925000 | PA      | $19917302.37  | 0.29%             | 2023-02-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE SECURITIES (USA) LLC                | TRI PARTY CREDIT SUISSE                                | CUSIP: 000000000<br>LEI: 1V8Y6QCX6YMJ2OELII46 | Long             | RA               | CORP              | US        |  16000000 | PA      | $16000000.00  | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Credit Industriel et Commercial/New York          | Credit Industriel et Commercial/New York               | CUSIP: 22536MS41<br>LEI: N4JDFKKH2FTD8RKFXO39 | Long             | STIV             | CORP              | FR        |  15500000 | PA      | $15314166.63  | 0.23%             | 2023-05-04      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| TRUIST BANK                                       | Truist Bank                                            | CUSIP: 89788JAB5<br>LEI: JJKC32MCHWDI71265Z06 | Long             | DBT              | CORP              | US        |  15000000 | PA      | $14946332.55  | 0.22%             | 2023-03-09      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| American Honda Finance Corp                       | American Honda Finance Corp                            | CUSIP: 02665KQ83<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | STIV             | CORP              | US        |  25000000 | PA      | $24880700.00  | 0.37%             | 2023-03-08      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| HORMEL FOODS CORP                                 | Hormel Foods Corp                                      | CUSIP: 440452AG5<br>LEI: MSD54751OJP1FS2ND863 | Long             | DBT              | CORP              | US        |  12125000 | PA      | $11498291.61  | 0.17%             | 2024-06-03      | Fixed         | 0.65%                 | No            |                  2 | On Loan: No      |
| Mercedes-Benz Finance North America LLC           | Mercedes-Benz Finance North America LLC                | CUSIP: 58768KP66<br>LEI: 549300423Z16BB673J12 | Long             | STIV             | CORP              | US        |  40000000 | PA      | $39968793.20  | 0.59%             | 2023-02-06      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| WESTPAC BANKING CORP                              | Westpac Banking Corp                                   | CUSIP: 961214FH1<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |  17600000 | PA      | $17823278.53  | 0.26%             | 2024-10-18      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank Spears/Lifers Trust                 | DEUTSCHE BANK SPEARS/LIFERS TRUST VARIOUS STATES       | CUSIP: 25155W4V8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  51500000 | PA      | $51500000.00  | 0.76%             | 2031-04-01      | Floating      | 4.52%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL CHICAGO                          | Bank of Montreal/Chicago IL                            | CUSIP: 06367CWW3<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | STIV             | CORP              | CA        |   7000000 | PA      | $7013479.55   | 0.10%             | 2023-07-13      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| TORONTO DOMINION BK                               | TORONTO DOMINION BK                                    | CUSIP: 89115BSE1<br>LEI: N/A                  | Long             | STIV             | CORP              | CA        |  17000000 | PA      | $16915390.15  | 0.25%             | 2023-09-13      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE SECURITIES (USA) LLC                | TRI PARTY CREDIT SUISSE SEC                            | CUSIP: 000000000<br>LEI: 1V8Y6QCX6YMJ2OELII46 | Long             | RA               | CORP              | US        |  17000000 | PA      | $17000000.00  | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Barton Capital SA                                 | Barton Capital SA                                      | CUSIP: 06945MRQ1<br>LEI: 549300KOFKIMD0C37W24 | Long             | STIV             | CORP              | US        |  25000000 | PA      | $24729097.25  | 0.36%             | 2023-04-24      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NORDEA BANK ABP                                   | Nordea Bank Abp                                        | CUSIP: 65558RAC3<br>LEI: 529900ODI3047E2LIV03 | Long             | DBT              | CORP              | FI        |  16900000 | PA      | $16887028.07  | 0.25%             | 2025-09-22      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ FIN NA                              | Mercedes-Benz Finance North America LLC                | CUSIP: 233851EB6<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |  26690000 | PA      | $25506004.38  | 0.38%             | 2024-03-01      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| THERMO FISHER SCIENTIFIC                          | Thermo Fisher Scientific Inc                           | CUSIP: 883556CQ3<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | DBT              | CORP              | US        |   9215000 | PA      | $9191398.45   | 0.14%             | 2024-10-18      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| ROCHE HOLDINGS INC                                | Roche Holdings Inc                                     | CUSIP: 771196BR2<br>LEI: PVJRP0EQNV6OGDPZGY95 | Long             | DBT              | CORP              | US        |   5370000 | PA      | $5358112.27   | 0.08%             | 2024-03-05      | Floating      | 4.49%                 | No            |                  2 | On Loan: No      |
| Korea Development Bank/The                        | Korea Development Bank/The                             | CUSIP: 5006E3SS0<br>LEI: 549300ML2LNRZUCS7149 | Long             | STIV             | CORP              | US        |  12500000 | PA      | $12310569.50  | 0.18%             | 2023-05-26      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                            | NextEra Energy Capital Holdings Inc                    | CUSIP: 65339KCD0<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |  15000000 | PA      | $14695162.95  | 0.22%             | 2024-03-21      | Fixed         | 2.94%                 | No            |                  2 | On Loan: —       |
| American Honda Finance Corp                       | American Honda Finance Corp                            | CUSIP: 02665KRA7<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | STIV             | CORP              | US        |  17600000 | PA      | $17434875.39  | 0.26%             | 2023-04-10      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                     | Citigroup Inc                                          | CUSIP: 172967NQ0<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   4770000 | PA      | $4716084.45   | 0.07%             | 2025-05-24      | Fixed         | 4.14%                 | No            |                  2 | On Loan: —       |
| FLORIDA POWER & LIGHT CO                          | Florida Power & Light Co                               | CUSIP: 341081GD3<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |  11020000 | PA      | $11008757.62  | 0.16%             | 2023-05-10      | Floating      | 4.37%                 | No            |                  2 | On Loan: No      |
| CITIGROUP GLOBAL MARKETS INC                      | TRI PARTY CITIGROUP                                    | CUSIP: 000000000<br>LEI: MBNUM2BPBDO7JBLYG310 | Long             | RA               | CORP              | US        |   9000000 | PA      | $9000000.00   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                            | UnitedHealth Group Inc                                 | CUSIP: 91324PEM0<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |  17600000 | PA      | $17777809.81  | 0.26%             | 2024-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANK CORP MKTS/NY                          | Lloyds Bank Corporate Markets PLC/New York NY          | CUSIP: 53947BF96<br>LEI: 213800MBWEIJDM5CU638 | Long             | STIV             | CORP              | GB        |  25000000 | PA      | $25000319.75  | 0.37%             | 2023-02-03      | Floating      | 4.58%                 | No            |                  2 | On Loan: No      |
| CITIBANK N.A.                                     | CITIBANK N.A.                                          | CUSIP: 17305T5M0<br>LEI: MBNUM2BPBDO7JBLYG310 | Long             | STIV             | CORP              | US        |  10000000 | PA      | $9939294.50   | 0.15%             | 2023-07-28      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Spire Inc                                         | Spire Inc                                              | CUSIP: 84858PPP0<br>LEI: 549300NXSY15DRY2R511 | Long             | STIV             | CORP              | US        |  13500000 | PA      | $13459014.00  | 0.20%             | 2023-02-23      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                           | Goldman Sachs Group Inc/The                            | CUSIP: 38141GXY5<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |  20000000 | PA      | $19913207.20  | 0.29%             | 2023-03-08      | Fixed         | 0.52%                 | No            |                  2 | On Loan: No      |
| Barton Capital SA                                 | Barton Capital SA                                      | CUSIP: 06945MPF7<br>LEI: 549300KOFKIMD0C37W24 | Long             | STIV             | CORP              | US        |  10000000 | PA      | $9981120.80   | 0.15%             | 2023-02-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA/NY                             | Banco Santander SA/New York                            | CUSIP: 05966DV25<br>LEI: 5493006QMFDDMYWIAM13 | Long             | STIV             | CORP              | ES        |  10000000 | PA      | $10013677.00  | 0.15%             | 2023-05-03      | Floating      | 5.10%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                            | NextEra Energy Capital Holdings Inc                    | CUSIP: 65339KBV1<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |   9305000 | PA      | $9305264.63   | 0.14%             | 2023-03-01      | Floating      | 4.78%                 | No            |                  2 | On Loan: No      |
| Virginia Electric and Power Co                    | Virginia Electric and Power Co                         | CUSIP: 92780KPD4<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | STIV             | CORP              | US        |  13235000 | PA      | $13213106.00  | 0.19%             | 2023-02-13      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO LLC                            | TRIPARTY GOLDMAN SACHS                                 | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | Long             | RA               | CORP              | US        |  60000000 | PA      | $60000000.00  | 0.89%             |  |  |  | No            |                  2 | On Loan: No      |
| DOMINION ENERGY INC                               | Dominion Energy Inc                                    | CUSIP: 25746UDH9<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |  30560000 | PA      | $30597558.85  | 0.45%             | 2023-09-15      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                           | John Deere Capital Corp                                | CUSIP: 24422EWP0<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |  17800000 | PA      | $18030841.97  | 0.27%             | 2026-01-09      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Long Island Power Authority                       | LONG ISLAND NY PWR AUTH ELEC SYS REVENUE               | CUSIP: 542691EY2<br>LEI: 1R46U5SYJ63KQXF39168 | Long             | DBT              | MUN               | US        |   6800000 | PA      | $6774588.40   | 0.10%             | 2023-03-01      | Fixed         | 0.36%                 | No            |                  2 | On Loan: No      |
| FLORIDA POWER & LIGHT CO                          | Florida Power & Light Co                               | CUSIP: 341081GH4<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |   8240000 | PA      | $8221139.63   | 0.12%             | 2024-01-12      | Floating      | 4.70%                 | No            |                  2 | On Loan: —       |
| Brighthouse Financial Short Term Funding LLC      | Brighthouse Financial Short Term Funding LLC           | CUSIP: 10924JPM6<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |  17335000 | PA      | $17289354.00  | 0.26%             | 2023-02-21      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MIZUHO BANK LTD/NY                                | Mizuho Bank Ltd/New York NY                            | CUSIP: 60710RM44<br>LEI: RB0PEZSDGCO3JS6CEU02 | Long             | STIV             | CORP              | JP        |  12500000 | PA      | $12519872.75  | 0.18%             | 2023-04-27      | Floating      | 5.10%                 | No            |                  2 | On Loan: No      |
| NORDEA BANK ABP                                   | Nordea Bank Abp                                        | CUSIP: 65557RAN0<br>LEI: 529900ODI3047E2LIV03 | Long             | STIV             | CORP              | SE        |  30000000 | PA      | $30071820.00  | 0.44%             | 2023-08-01      | Floating      | 5.03%                 | No            |                  2 | On Loan: No      |
| Hyundai Capital America                           | Hyundai Capital America                                | CUSIP: 44890NPN4<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | STIV             | CORP              | US        |   9090000 | PA      | $9063613.73   | 0.13%             | 2023-02-22      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Landesbank Baden-Wuerttemberg/New York NY         | Landesbank Baden-Wuerttemberg/New York NY              | CUSIP: 5148X1PE7<br>LEI: B81CK4ESI35472RHJ606 | Long             | STIV             | CORP              | DE        |  40000000 | PA      | $39930015.60  | 0.59%             | 2023-02-14      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Lloyds Bank Corporate Markets PLC/New York NY     | Lloyds Bank Corporate Markets PLC/New York NY          | CUSIP: 53947CQ84<br>LEI: 213800MBWEIJDM5CU638 | Long             | STIV             | CORP              | GB        |  15000000 | PA      | $14912422.65  | 0.22%             | 2023-05-11      | Fixed         | 2.81%                 | No            |                  2 | On Loan: No      |
| Macquarie Bank Ltd                                | Macquarie Bank Ltd                                     | CUSIP: 55607LVH4<br>LEI: 4ZHCHI4KYZG2WVRT8631 | Long             | STIV             | CORP              | US        |  10000000 | PA      | $9725110.00   | 0.14%             | 2023-08-17      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| XCEL ENERGY INC                                   | Xcel Energy Inc                                        | CUSIP: 98389BAZ3<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | DBT              | CORP              | US        |   7560000 | PA      | $7337654.65   | 0.11%             | 2023-10-15      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| WISCONSIN PUBLIC SERVICE                          | Wisconsin Public Service Corp                          | CUSIP: 976843BP6<br>LEI: 549300BJRHJVYNUMQZ30 | Long             | DBT              | CORP              | US        |   8520000 | PA      | $8668484.86   | 0.13%             | 2025-11-10      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| TransCanada PipeLines Ltd                         | TransCanada PipeLines Ltd                              | CUSIP: 89355QPP5<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | STIV             | CORP              | CA        |   4918000 | PA      | $4903068.95   | 0.07%             | 2023-02-23      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NESTLE HOLDINGS INC                               | Nestle Holdings Inc                                    | CUSIP: 641062BA1<br>LEI: 549300EAEU8YV8MQXP30 | Long             | DBT              | CORP              | US        |  17000000 | PA      | $16818019.25  | 0.25%             | 2025-09-12      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| AMERICAN EXPRESS CO                               | American Express Co                                    | CUSIP: 025816CV9<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |   7600000 | PA      | $7469192.52   | 0.11%             | 2024-05-03      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| DAIMLER TRUCK FINAN NA                            | Daimler Truck Finance North America LLC                | CUSIP: 233853AN0<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |   9295000 | PA      | $9343016.02   | 0.14%             | 2025-01-17      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                               | American Express Co                                    | CUSIP: 025816CJ6<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |  10000000 | PA      | $9986546.50   | 0.15%             | 2023-11-03      | Floating      | 4.30%                 | No            |                  2 | On Loan: No      |
| Lloyds Bank Corporate Markets PLC/New York NY     | Lloyds Bank Corporate Markets PLC/New York NY          | CUSIP: 53947CR67<br>LEI: 213800MBWEIJDM5CU638 | Long             | STIV             | CORP              | GB        |  15000000 | PA      | $15000147.75  | 0.22%             | 2023-10-12      | Fixed         | 5.24%                 | No            |                  2 | On Loan: No      |
| DNB Bank ASA                                      | DNB Bank ASA                                           | CUSIP: 2332K1Q29<br>LEI: 549300GKFG0RYRRQ1414 | Long             | STIV             | CORP              | NO        |  10000000 | PA      | $9962958.30   | 0.15%             | 2023-03-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| UBS AG LONDON                                     | UBS AG/London                                          | CUSIP: 902674YU8<br>LEI: BFM8T61CT2L1QCEMIK50 | Long             | DBT              | CORP              | CH        |   6970000 | PA      | $6536531.17   | 0.10%             | 2025-01-13      | Fixed         | 1.38%                 | No            |                  2 | On Loan: —       |
| Mitsubishi HC Finance America LLC                 | Mitsubishi HC Finance America LLC                      | CUSIP: 60678QP27<br>LEI: 3538008O2MCHLB9FAL82 | Long             | STIV             | CORP              | US        |   3800000 | PA      | $3799035.86   | 0.06%             | 2023-02-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Lloyds Bank PLC                                   | Lloyds Bank PLC                                        | CUSIP: 53943SP76<br>LEI: H7FNTJ4851HG0EXQ1Z70 | Long             | STIV             | CORP              | GB        |  21250000 | PA      | $21231530.14  | 0.31%             | 2023-02-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL RURAL UTIL COOP                          | National Rural Utilities Cooperative Finance Corp      | CUSIP: 63743HFA5<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4941104.30   | 0.07%             | 2024-10-18      | Floating      | 4.65%                 | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                                 | BARCLAYS BANK PLC                                      | CUSIP: 06742TT89<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |  15000000 | PA      | $14920932.15  | 0.22%             | 2023-07-13      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UBS AG LONDON                                     | UBS AG/London                                          | CUSIP: 902674YL8<br>LEI: BFM8T61CT2L1QCEMIK50 | Long             | DBT              | CORP              | CH        |   8470000 | PA      | $8459573.43   | 0.12%             | 2024-08-09      | Floating      | 4.57%                 | No            |                  2 | On Loan: No      |
| SVENSKA HANDELSBANKEN AB                          | Svenska Handelsbanken AB                               | CUSIP: 86959LAF0<br>LEI: NHBDILHZTYCNBV5UYZ31 | Long             | DBT              | CORP              | SE        |   6310000 | PA      | $6198958.64   | 0.09%             | 2023-06-30      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI TR BK LT                          | Sumitomo Mitsui Trust Bank Ltd                         | CUSIP: 86563VAZ2<br>LEI: 5493006GGLR4BTEL8O61 | Long             | DBT              | CORP              | JP        |  10000000 | PA      | $9481703.20   | 0.14%             | 2025-03-10      | Fixed         | 2.55%                 | No            |                  2 | On Loan: —       |
| TRANSCANADA PIPELINES                             | TransCanada PipeLines Ltd                              | CUSIP: 89352HBB4<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | DBT              | CORP              | CA        |  27205000 | PA      | $25451771.05  | 0.38%             | 2024-10-12      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| BMW US CAPITAL LLC                                | BMW US Capital LLC                                     | CUSIP: 05565EBU8<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |   2925000 | PA      | $2756964.72   | 0.04%             | 2024-08-12      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| SKANDINAV ENSKILDA BANK                           | Skandinaviska Enskilda Banken AB                       | CUSIP: 83050WEJ9<br>LEI: F3JS33DEI6XQ4ZBPTN86 | Long             | STIV             | CORP              | SE        |  35000000 | PA      | $35060464.95  | 0.52%             | 2023-06-01      | Floating      | 5.02%                 | No            |                  2 | On Loan: No      |
| Fiserv Inc                                        | Fiserv Inc                                             | CUSIP: 33774LPG7<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | STIV             | CORP              | US        |   4545000 | PA      | $4535439.32   | 0.07%             | 2023-02-16      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Lease Securitization Trust           | Hyundai Auto Lease Securitization Trust 2022-A         | CUSIP: 44891WAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5610664 | PA      | $5545219.66   | 0.08%             | 2024-04-15      | Fixed         | 0.81%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                           | John Deere Capital Corp                                | CUSIP: 24422EVX4<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |   3605000 | PA      | $3475291.60   | 0.05%             | 2024-01-10      | Fixed         | 0.90%                 | No            |                  2 | On Loan: No      |
| PRINCIPAL LFE GLB FND II                          | Principal Life Global Funding II                       | CUSIP: 74256LEQ8<br>LEI: 635400WSLKBQWSOIIT41 | Long             | DBT              | CORP              | US        |    660000 | PA      | $618594.06    | 0.01%             | 2024-08-23      | Fixed         | 0.75%                 | No            |                  2 | On Loan: —       |
| Union Electric Co                                 | Union Electric Co                                      | CUSIP: 90655KPD0<br>LEI: QMPJLLDULY5C1M8PNY21 | Long             | STIV             | CORP              | US        |   7850000 | PA      | $7836654.14   | 0.12%             | 2023-02-13      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                    | Morgan Stanley                                         | CUSIP: 61747YEJ0<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |  15000000 | PA      | $14915550.00  | 0.22%             | 2025-01-24      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| Mitsubishi HC Capital America Inc                 | Mitsubishi HC Capital America Inc                      | CUSIP: 60678NP65<br>LEI: SAG6K2J487EOB0C5BI47 | Long             | STIV             | CORP              | US        |  13000000 | PA      | $12989771.21  | 0.19%             | 2023-02-06      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Reckitt Benckiser Treasury Services PLC           | Reckitt Benckiser Treasury Services PLC                | CUSIP: 7562E1PT5<br>LEI: 213800LAXWIUOOBZ3908 | Long             | STIV             | CORP              | US        |   8390000 | PA      | $8360519.64   | 0.12%             | 2023-02-27      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                    | Morgan Stanley                                         | CUSIP: 61747YEQ4<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   6865000 | PA      | $6740834.60   | 0.10%             | 2025-04-17      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| VW Credit Inc                                     | VW Credit Inc                                          | CUSIP: 91842KP34<br>LEI: 549300UUPJ2NXDB68M19 | Long             | STIV             | CORP              | US        |  13740000 | PA      | $13734737.58  | 0.20%             | 2023-02-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                           | BPCE SA                                                | CUSIP: 05571CQ12<br>LEI: 9695005MSX1OYEMGDF46 | Long             | STIV             | CORP              | FR        |  13500000 | PA      | $13451084.24  | 0.20%             | 2023-03-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Fiserv Inc                                        | Fiserv Inc                                             | CUSIP: 33774LQD3<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | STIV             | CORP              | US        |  14116000 | PA      | $14038929.04  | 0.21%             | 2023-03-13      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BRIGHTHSE FIN GLBL FUND                           | Brighthouse Financial Global Funding                   | CUSIP: 10921U2F4<br>LEI: 549300BLFX3KJ2IFOA78 | Long             | DBT              | CORP              | US        |  23890000 | PA      | $23886475.51  | 0.35%             | 2023-02-24      | Floating      | 4.51%                 | No            |                  2 | On Loan: —       |
| CITIGROUP GLOBAL MARKETS INC                      | TRI PARTY CITIGROUP                                    | CUSIP: 000000000<br>LEI: MBNUM2BPBDO7JBLYG310 | Long             | RA               | CORP              | US        |  12000000 | PA      | $12000000.00  | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| NORDEA BANK ABP                                   | Nordea Bank Abp                                        | CUSIP: 65558RAA7<br>LEI: 529900ODI3047E2LIV03 | Long             | DBT              | CORP              | FI        |  10665000 | PA      | $10365834.91  | 0.15%             | 2025-06-06      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| CREDIT INDL ET COML INSTL CTF                     | CREDIT INDL ET COML INSTL CTF                          | CUSIP: 22536WAC0<br>LEI: N/A                  | Long             | STIV             | CORP              | FR        |  19358000 | PA      | $19363379.39  | 0.29%             | 2023-07-19      | Fixed         | 5.06%                 | No            |                  2 | On Loan: No      |
| Glencove Funding LLC                              | Glencove Funding LLC                                   | CUSIP: 37828XPH6<br>LEI: 549300XUUQZO7I38ZR06 | Long             | STIV             | CORP              | IE        |  31933000 | PA      | $31865006.66  | 0.47%             | 2023-02-17      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| American Electric Power Co Inc                    | American Electric Power Co Inc                         | CUSIP: 0255E3P77<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | STIV             | CORP              | US        |  25980000 | PA      | $25956206.74  | 0.38%             | 2023-02-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED BK/NY                          | Standard Chartered Bank/New York                       | CUSIP: 85325VX54<br>LEI: RILFO74KP1CM8P6PCT96 | Long             | STIV             | CORP              | GB        |  30000000 | PA      | $30008444.10  | 0.44%             | 2023-03-13      | Floating      | 4.60%                 | No            |                  2 | On Loan: No      |
| Toyota Auto Receivables Owner Trust               | Toyota Auto Receivables 2022-B Owner Trust             | CUSIP: 89238FAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7122687 | PA      | $7044805.65   | 0.10%             | 2025-01-15      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI TR BK LT                          | Sumitomo Mitsui Trust Bank Ltd                         | CUSIP: 86563VAW9<br>LEI: 5493006GGLR4BTEL8O61 | Long             | DBT              | CORP              | JP        |  12000000 | PA      | $11182570.44  | 0.16%             | 2024-09-16      | Fixed         | 0.80%                 | No            |                  2 | On Loan: No      |
| WEC ENERGY GROUP INC                              | WEC Energy Group Inc                                   | CUSIP: 92939UAK2<br>LEI: 549300IGLYTZUK3PVP70 | Long             | DBT              | CORP              | US        |  10000000 | PA      | $10024068.20  | 0.15%             | 2026-01-09      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE                            | American Honda Finance Corp                            | CUSIP: 02665WDK4<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |   7025000 | PA      | $6906217.09   | 0.10%             | 2023-07-07      | Fixed         | 0.88%                 | No            |                  2 | On Loan: —       |
| CDP Financial Inc                                 | CDP Financial Inc                                      | CUSIP: 12509TVA2<br>LEI: 549300OXMGVYFCBFV096 | Long             | STIV             | CORP              | CA        |  25000000 | PA      | $24349141.00  | 0.36%             | 2023-08-10      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Engie SA                                          | Engie SA                                               | CUSIP: 29287BQ84<br>LEI: LAXUQCHT4FH58LRZDY46 | Long             | STIV             | CORP              | US        |  15000000 | PA      | $14930430.00  | 0.22%             | 2023-03-08      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                          | Sumitomo Mitsui Financial Group Inc                    | CUSIP: 86562MCC2<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |   3580000 | PA      | $3428981.64   | 0.05%             | 2024-01-12      | Fixed         | 0.51%                 | No            |                  2 | On Loan: No      |
| American Electric Power Co Inc                    | American Electric Power Co Inc                         | CUSIP: 0255E3PE2<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | STIV             | CORP              | US        |  39250000 | PA      | $39177832.20  | 0.58%             | 2023-02-14      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Nutrien Ltd                                       | Nutrien Ltd                                            | CUSIP: 67077VQL5<br>LEI: 5493002QQ7GD21OWF963 | Long             | STIV             | CORP              | CA        |  17065000 | PA      | $16955010.44  | 0.25%             | 2023-03-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CDP Financial Inc                                 | CDP Financial Inc                                      | CUSIP: 12509TTT4<br>LEI: 549300OXMGVYFCBFV096 | Long             | STIV             | CORP              | CA        |   7900000 | PA      | $7744676.13   | 0.11%             | 2023-06-27      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                    | Morgan Stanley                                         | CUSIP: 61747YEP6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |  10000000 | PA      | $10025540.00  | 0.15%             | 2025-04-17      | Floating      | 5.49%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                      | UBS Group AG                                           | CUSIP: 902613AR9<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   8810000 | PA      | $8724376.40   | 0.13%             | 2025-08-05      | Fixed         | 4.49%                 | No            |                  2 | On Loan: —       |
| Fidelity National Information Services Inc        | Fidelity National Information Services Inc             | CUSIP: 31622GP27<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | STIV             | CORP              | US        |  30000000 | PA      | $29992393.20  | 0.44%             | 2023-02-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| HSBC USA Inc                                      | HSBC USA Inc                                           | CUSIP: 40434RW73<br>LEI: 549300LBOHZ4QSIWU288 | Long             | STIV             | CORP              | US        |  20000000 | PA      | $19379135.00  | 0.29%             | 2023-09-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Podium Funding Trust                              | Podium Funding Trust                                   | CUSIP: 73044GS83<br>LEI: N/A                  | Long             | STIV             | CORP              | CA        |  23000000 | PA      | $22703338.87  | 0.33%             | 2023-05-08      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK                            | Canadian Imperial Bank of Commerce                     | CUSIP: 13607RAD2<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |   4500000 | PA      | $4463841.33   | 0.07%             | 2023-09-13      | Fixed         | 3.50%                 | No            |                  2 | On Loan: —       |
| E.ON SE                                           | E.ON SE                                                | CUSIP: 26877KPQ7<br>LEI: Q9MAIUP40P25UFBFG033 | Long             | STIV             | CORP              | DE        |   9895000 | PA      | $9863632.85   | 0.15%             | 2023-02-24      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Victory Receivables Corp                          | Victory Receivables Corp                               | CUSIP: 92646LP12<br>LEI: 549300D0F37QF0LP7F94 | Long             | STIV             | CORP              | US        |  15000000 | PA      | $14998198.35  | 0.22%             | 2023-02-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Amcor Finance USA Inc                             | Amcor Finance USA Inc                                  | CUSIP: 0234D5Q36<br>LEI: 549300ZMT7FVT8R77U18 | Long             | STIV             | CORP              | US        |  27000000 | PA      | $26884377.63  | 0.40%             | 2023-03-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC NY                              | Barclays Bank PLC/NY                                   | CUSIP: 06742TG42<br>LEI: G5GSEF7VJP5I7OUK5573 | Long             | STIV             | CORP              | GB        |  30000000 | PA      | $30000510.60  | 0.44%             | 2023-02-03      | Floating      | 4.60%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                      | Enbridge Inc                                           | CUSIP: 29250NBM6<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |  10125000 | PA      | $10089610.29  | 0.15%             | 2024-02-16      | Floating      | 4.79%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                           | John Deere Capital Corp                                | CUSIP: 24422EVV8<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |  14290000 | PA      | $14215034.66  | 0.21%             | 2024-10-11      | Floating      | 4.52%                 | No            |                  2 | On Loan: —       |
| CARGILL INC                                       | Cargill Inc                                            | CUSIP: 141781BY9<br>LEI: QXZYQNMR4JZ5RIRN4T31 | Long             | DBT              | CORP              | US        |  14235000 | PA      | $14324905.41  | 0.21%             | 2025-10-10      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| AUST & NZ BANKING GRP NY                          | Australia & New Zealand Banking Group Ltd/New York NY  | CUSIP: 05254JAA8<br>LEI: JHE42UYNWWTJB8YTTU19 | Long             | DBT              | CORP              | AU        |  10810000 | PA      | $10928970.54  | 0.16%             | 2025-12-08      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                          | Capital One Financial Corp                             | CUSIP: 14040HCQ6<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |  15800000 | PA      | $15542546.43  | 0.23%             | 2025-05-09      | Fixed         | 4.17%                 | No            |                  2 | On Loan: No      |
| MACQUARIE BANK LIMITED                            | Macquarie Bank Ltd                                     | CUSIP: 55607NPK0<br>LEI: 4ZHCHI4KYZG2WVRT8631 | Long             | STIV             | CORP              | AU        |  25000000 | PA      | $25031884.00  | 0.37%             | 2023-04-25      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| Svenska Handelsbanken AB                          | Svenska Handelsbanken AB                               | CUSIP: 86960KQ62<br>LEI: NHBDILHZTYCNBV5UYZ31 | Long             | STIV             | CORP              | SE        |  25000000 | PA      | $24893986.00  | 0.37%             | 2023-03-06      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL                                  | BANK OF MONTREAL                                       | CUSIP: 06367CYR2<br>LEI: N/A                  | Long             | STIV             | CORP              | CA        |  25000000 | PA      | $25040153.00  | 0.37%             | 2023-10-13      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                            | Philip Morris International Inc                        | CUSIP: 718172CT4<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |  16000000 | PA      | $16111965.12  | 0.24%             | 2024-11-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Liberty Street Funding LLC                        | Liberty Street Funding LLC                             | CUSIP: 53127UPE4<br>LEI: 549300F33VRHM10B9391 | Long             | STIV             | CORP              | US        |  20000000 | PA      | $19965023.40  | 0.29%             | 2023-02-14      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                          | AT&T Inc                                               | CUSIP: 0020A3QV5<br>LEI: 549300Z40J86GGSTL398 | Long             | STIV             | CORP              | US        |  17875000 | PA      | $17738074.46  | 0.26%             | 2023-03-29      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Salisbury Receivables Co LLC                      | Salisbury Receivables Co LLC                           | CUSIP: 79490BP26<br>LEI: 549300HB2PGDP0V6U989 | Long             | STIV             | CORP              | US        |  30000000 | PA      | $29992764.90  | 0.44%             | 2023-02-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| COOPERAT RABOBANK UA/NY                           | Cooperatieve Rabobank UA/NY                            | CUSIP: 21688AAU6<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |  16800000 | PA      | $16598924.66  | 0.24%             | 2024-08-22      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE NEW YORK                            | Credit Suisse AG/New York NY                           | CUSIP: 22550L2E0<br>LEI: 549300D0YARF5HYP1809 | Long             | DBT              | CORP              | CH        |   5335000 | PA      | $5012790.11   | 0.07%             | 2024-02-02      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| GSK CONSUMER HEALTHCARE                           | GSK Consumer Healthcare Capital US LLC                 | CUSIP: 36264FAJ0<br>LEI: 549300N8C3A3L0UVQB07 | Long             | DBT              | CORP              | US        |   2150000 | PA      | $2145581.86   | 0.03%             | 2024-03-24      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| Citigroup Global Markets Inc                      | Citigroup Global Markets Inc                           | CUSIP: 17327BRB3<br>LEI: MBNUM2BPBDO7JBLYG310 | Long             | STIV             | CORP              | US        |  30000000 | PA      | $29723908.20  | 0.44%             | 2023-04-11      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ROCKWELL AUTOMATION                               | Rockwell Automation Inc                                | CUSIP: 773903AK5<br>LEI: VH3R4HHBHH12O0EXZJ88 | Long             | DBT              | CORP              | US        |   9050000 | PA      | $8835475.27   | 0.13%             | 2023-08-15      | Fixed         | 0.35%                 | No            |                  2 | On Loan: No      |
| NORTHWESTERN MUTUAL GLBL                          | Northwestern Mutual Global Funding                     | CUSIP: 66815L2J7<br>LEI: 635400LZXFVELZDVP257 | Long             | DBT              | CORP              | US        |  16300000 | PA      | $16073212.56  | 0.24%             | 2025-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MET LIFE GLOB FUNDING I                           | Metropolitan Life Global Funding I                     | CUSIP: 592179KD6<br>LEI: 635400MMSOCXNNNZDZ82 | Long             | DBT              | CORP              | US        |  10000000 | PA      | $10132139.60  | 0.15%             | 2026-01-06      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| COMMONWEALTH BK AUSTR NY                          | Commonwealth Bank of Australia/New York NY             | CUSIP: 20271RAQ3<br>LEI: MSFSBD3QN1GSN7Q6C537 | Long             | DBT              | CORP              | AU        |  17800000 | PA      | $17938375.42  | 0.26%             | 2025-01-10      | Fixed         | 5.08%                 | No            |                  2 | On Loan: No      |
| MIZUHO BANK LTD/NY                                | Mizuho Bank Ltd/New York NY                            | CUSIP: 60710RBL8<br>LEI: RB0PEZSDGCO3JS6CEU02 | Long             | STIV             | CORP              | JP        |  30000000 | PA      | $30000426.90  | 0.44%             | 2023-02-01      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| TELUS Corp                                        | TELUS Corp                                             | CUSIP: 87974WRJ9<br>LEI: L2TEUTQ8OSHMJWVLCE40 | Long             | STIV             | CORP              | CA        |   8987000 | PA      | $8891965.44   | 0.13%             | 2023-04-18      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CDP Financial Inc                                 | CDP Financial Inc                                      | CUSIP: 12509TW78<br>LEI: 549300OXMGVYFCBFV096 | Long             | STIV             | CORP              | CA        |  10000000 | PA      | $9700335.00   | 0.14%             | 2023-09-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| LMA-Americas LLC                                  | LMA-Americas LLC                                       | CUSIP: 53944RS25<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |  32447000 | PA      | $32062413.83  | 0.47%             | 2023-05-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| WEC ENERGY GROUP INC                              | WEC Energy Group Inc                                   | CUSIP: 92939UAH9<br>LEI: 549300IGLYTZUK3PVP70 | Long             | DBT              | CORP              | US        |   7465000 | PA      | $7504049.56   | 0.11%             | 2025-09-27      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fiserv Inc                                        | Fiserv Inc                                             | CUSIP: 33774LP69<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | STIV             | CORP              | US        |  13500000 | PA      | $13489440.71  | 0.20%             | 2023-02-06      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Brookfield Infrastructure Holdings Canada Inc     | Brookfield Infrastructure Holdings Canada Inc          | CUSIP: 11275NQE7<br>LEI: 549300GV8LYH0T7DZO77 | Long             | STIV             | CORP              | CA        |  20000000 | PA      | $19887066.60  | 0.29%             | 2023-03-14      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| WESTPAC BANKING CORP                              | Westpac Banking Corp                                   | CUSIP: 961214EV1<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |  12445000 | PA      | $12400071.43  | 0.18%             | 2024-11-18      | Floating      | 4.47%                 | No            |                  2 | On Loan: No      |
| Mondelez International Inc                        | Mondelez International Inc                             | CUSIP: 60920WP61<br>LEI: 549300DV9GIB88LZ5P30 | Long             | STIV             | CORP              | US        |  16989000 | PA      | $16975745.70  | 0.25%             | 2023-02-06      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Hyundai Capital America                           | Hyundai Capital America                                | CUSIP: 44890NPU8<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | STIV             | CORP              | US        |  25000000 | PA      | $24907347.25  | 0.37%             | 2023-02-28      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE                                  | Societe Generale SA                                    | CUSIP: 83368RBN1<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |  15000000 | PA      | $14763065.25  | 0.22%             | 2025-06-13      | Fixed         | 4.35%                 | No            |                  2 | On Loan: —       |
| National Australia Bank Ltd                       | National Australia Bank Ltd                            | CUSIP: 63254FP19<br>LEI: F8SB4JFBSYQFRQEH3Z21 | Long             | STIV             | CORP              | AU        |  15000000 | PA      | $14998202.85  | 0.22%             | 2023-02-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                    | Amazon.com Inc                                         | CUSIP: 023135CE4<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |  10000000 | PA      | $9707498.90   | 0.14%             | 2025-04-13      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| TransCanada PipeLines Ltd                         | TransCanada PipeLines Ltd                              | CUSIP: 89355QPA8<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | STIV             | CORP              | CA        |  10670000 | PA      | $10656016.32  | 0.16%             | 2023-02-10      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| TORONTO DOMINION BK                               | TORONTO DOMINION BK                                    | CUSIP: 89115BDJ6<br>LEI: N/A                  | Long             | STIV             | CORP              | CA        |  10000000 | PA      | $9974612.70   | 0.15%             | 2023-05-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Fidelity National Information Services Inc        | Fidelity National Information Services Inc             | CUSIP: 31622GPD3<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | STIV             | CORP              | US        |  10595000 | PA      | $10576987.33  | 0.16%             | 2023-02-13      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ABN AMRO Funding USA LLC                          | ABN AMRO Funding USA LLC                               | CUSIP: 00084CXD9<br>LEI: 549300WEQ09INLYV6558 | Long             | STIV             | CORP              | US        |   6847000 | PA      | $6603774.57   | 0.10%             | 2023-10-13      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Lease Trust                      | Ford Credit Auto Lease Trust 2023-A                    | CUSIP: 345287AB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3875000 | PA      | $3872563.40   | 0.06%             | 2025-06-15      | Fixed         | 5.19%                 | No            |                  2 | On Loan: No      |
| Hyundai Capital America                           | Hyundai Capital America                                | CUSIP: 44890NQ78<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | STIV             | CORP              | US        |  15000000 | PA      | $14930189.55  | 0.22%             | 2023-03-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| KOREA DEVELOPMENT BANK                            | Korea Development Bank/The                             | CUSIP: 500630CZ9<br>LEI: 549300ML2LNRZUCS7149 | Long             | DBT              | NUSS              | KR        |  16455000 | PA      | $16463227.50  | 0.24%             | 2023-02-18      | Floating      | 5.02%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMP BK COMM NY                           | Canadian Imperial Bank of Commerce/New York NY         | CUSIP: 13606KPY6<br>LEI: 549300H8L46OOZOFHU82 | Long             | STIV             | CORP              | CA        |  35000000 | PA      | $35064580.25  | 0.52%             | 2023-06-05      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| SIEMENS FINANCIERINGSMAT                          | Siemens Financieringsmaatschappij NV                   | CUSIP: 82620KBB8<br>LEI: TAFO772JB70PDRN5VS48 | Long             | DBT              | CORP              | NL        |  18980000 | PA      | $18975836.55  | 0.28%             | 2024-03-11      | Floating      | 4.72%                 | No            |                  2 | On Loan: —       |
| Westpac Banking Corp                              | Westpac Banking Corp                                   | CUSIP: 9612C1Q34<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | STIV             | CORP              | AU        |   5000000 | PA      | $4980685.30   | 0.07%             | 2023-03-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BMW Vehicle Owner Trust                           | BMW Vehicle Owner Trust 2022-A                         | CUSIP: 05602RAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  10610888 | PA      | $10498329.97  | 0.15%             | 2024-12-26      | Fixed         | 2.52%                 | No            |                  2 | On Loan: No      |
| NORDEA BANK ABP                                   | Nordea Bank Abp                                        | CUSIP: 65557CBE2<br>LEI: 529900ODI3047E2LIV03 | Long             | DBT              | CORP              | FI        |   3135000 | PA      | $3092401.24   | 0.05%             | 2023-06-09      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                          | Toyota Motor Credit Corp                               | CUSIP: 89236TGW9<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |  10000000 | PA      | $9973508.90   | 0.15%             | 2023-03-30      | Fixed         | 2.90%                 | No            |                  2 | On Loan: —       |
| NATIONAL RURAL UTIL COOP                          | National Rural Utilities Cooperative Finance Corp      | CUSIP: 63743HFB3<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |  16150000 | PA      | $16142892.22  | 0.24%             | 2023-08-07      | Floating      | 4.49%                 | No            |                  2 | On Loan: No      |
| Spire Inc                                         | Spire Inc                                              | CUSIP: 84858PPF2<br>LEI: 549300NXSY15DRY2R511 | Long             | STIV             | CORP              | US        |   4500000 | PA      | $4491129.38   | 0.07%             | 2023-02-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SVENSKA HANDELSBANKEN AB                          | Svenska Handelsbanken AB                               | CUSIP: 86960LEV8<br>LEI: NHBDILHZTYCNBV5UYZ31 | Long             | STIV             | CORP              | SE        |  25000000 | PA      | $25060720.75  | 0.37%             | 2023-07-28      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| NORINCHUKIN BK                                    | NORINCHUKIN BK                                         | CUSIP: 65602Y3Y4<br>LEI: N/A                  | Long             | STIV             | CORP              | JP        |  25000000 | PA      | $25002011.50  | 0.37%             | 2023-02-24      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| TELUS Corp                                        | TELUS Corp                                             | CUSIP: 87974WP28<br>LEI: L2TEUTQ8OSHMJWVLCE40 | Long             | STIV             | CORP              | CA        |  23850000 | PA      | $23843948.78  | 0.35%             | 2023-02-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                            | Bank of New York Mellon Corp/The                       | CUSIP: 06406RBF3<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |  16100000 | PA      | $15825969.95  | 0.23%             | 2025-06-13      | Fixed         | 3.43%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                              | Bank of America Corp                                   | CUSIP: 06051GKF5<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |  15000000 | PA      | $14900372.70  | 0.22%             | 2025-02-04      | Floating      | 4.76%                 | No            |                  2 | On Loan: No      |
| Toronto-Dominion Bank/The                         | Toronto-Dominion Bank/The                              | CUSIP: 89119BPH3<br>LEI: PT3QB789TSUIDF371261 | Long             | STIV             | CORP              | CA        |  20000000 | PA      | $19957688.80  | 0.29%             | 2023-02-17      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MIZUHO SECURITIES USA LLC                         | TRI PARTY MIZUHO SECURITIES US                         | CUSIP: 000000000<br>LEI: 7TK5RJIZDFROZCA6XF66 | Long             | RA               | CORP              | US        |  30000000 | PA      | $30000000.00  | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP AMERICA                          | Volkswagen Group of America Finance LLC                | CUSIP: 928668BQ4<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |  12380000 | PA      | $12368573.76  | 0.18%             | 2024-06-07      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| KEY BANK NA                                       | KeyBank NA/Cleveland OH                                | CUSIP: 49327M3D4<br>LEI: HUX2X73FUCYHUVH1BK78 | Long             | DBT              | CORP              | US        |  15565000 | PA      | $15525075.78  | 0.23%             | 2024-06-14      | Floating      | 4.63%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                               | American Express Co                                    | CUSIP: 025816CR8<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |   8235000 | PA      | $8260592.82   | 0.12%             | 2025-03-04      | Floating      | 5.18%                 | No            |                  2 | On Loan: —       |
| LSEGA FINANCING PLC                               | LSEGA Financing PLC                                    | CUSIP: 50220PAA1<br>LEI: 2138009YFYTGEHZNNZ09 | Long             | DBT              | CORP              | GB        |   3895000 | PA      | $3688823.86   | 0.05%             | 2024-04-06      | Fixed         | 0.65%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR FINL SERVICE                          | Caterpillar Financial Services Corp                    | CUSIP: 14913R2S5<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |  20000000 | PA      | $19289397.00  | 0.28%             | 2024-01-10      | Fixed         | 0.95%                 | No            |                  2 | On Loan: No      |
| Lime Funding LLC                                  | Lime Funding LLC                                       | CUSIP: 53262RPQ9<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |  13699000 | PA      | $13657565.05  | 0.20%             | 2023-02-24      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                       | TRI PARTY BNP PARIBAS                                  | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | RA               | CORP              | US        |  20000000 | PA      | $20000000.00  | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Ford Credit Auto Owner Trust                      | Ford Credit Auto Owner Trust 2022-A                    | CUSIP: 345286AB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4568880 | PA      | $4521631.48   | 0.07%             | 2024-09-15      | Fixed         | 0.73%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                          | Toyota Motor Credit Corp                               | CUSIP: 89236TJM8<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |  22277000 | PA      | $22276052.78  | 0.33%             | 2023-02-13      | Floating      | 4.50%                 | No            |                  2 | On Loan: —       |
| SKANDINAV ENSKILDA BK NY                          | Skandinaviska Enskilda Banken AB/New York NY           | CUSIP: 83050PP60<br>LEI: F3JS33DEI6XQ4ZBPTN86 | Long             | STIV             | CORP              | SE        |  20000000 | PA      | $20014665.00  | 0.30%             | 2023-04-12      | Floating      | 4.81%                 | No            |                  2 | On Loan: No      |
| Suncorp-Metway Ltd                                | Suncorp-Metway Ltd                                     | CUSIP: 8672E3UX2<br>LEI: JEBU6C6ITPD2YZ9N7F22 | Long             | STIV             | CORP              | US        |  15000000 | PA      | $14601724.65  | 0.22%             | 2023-07-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                            | United States Treasury Note/Bond                       | CUSIP: 91282CDA6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10000000 | PA      | $9706640.60   | 0.14%             | 2023-09-30      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| Fiserv Inc                                        | Fiserv Inc                                             | CUSIP: 33774LP36<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | STIV             | CORP              | US        |  20000000 | PA      | $19992315.00  | 0.29%             | 2023-02-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ALINGHI FUNDING CO LLC                            | Alinghi Funding Co LLC                                 | CUSIP: 01627C2U7<br>LEI: 549300VRDDZC1N8S3N22 | Long             | STIV             | CORP              | US        |  33500000 | PA      | $33163231.87  | 0.49%             | 2023-04-18      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PPL ELECTRIC UTILITIES                            | PPL Electric Utilities Corp                            | CUSIP: 69351UAX1<br>LEI: 549300GCZLSGYEYPIR35 | Long             | DBT              | CORP              | US        |   8710000 | PA      | $8676590.09   | 0.13%             | 2023-09-28      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| WALMART INC                                       | Walmart Inc                                            | CUSIP: 931142EW9<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |  20000000 | PA      | $19893793.80  | 0.29%             | 2025-09-09      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE NEW YORK                            | Credit Suisse AG/New York NY                           | CUSIP: 22550UAB7<br>LEI: 549300D0YARF5HYP1809 | Long             | DBT              | CORP              | CH        |  15000000 | PA      | $14665830.00  | 0.22%             | 2024-02-02      | Floating      | 4.71%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                    | Morgan Stanley                                         | CUSIP: 6174468W2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |  10000000 | PA      | $9990190.00   | 0.15%             | 2024-01-25      | Variable      | 4.78%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR FINL SERVICE                          | Caterpillar Financial Services Corp                    | CUSIP: 14913R2R7<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |  15620000 | PA      | $15578607.00  | 0.23%             | 2024-09-13      | Floating      | 4.56%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI TR BK LT                          | Sumitomo Mitsui Trust Bank Ltd                         | CUSIP: 86563VAQ2<br>LEI: 5493006GGLR4BTEL8O61 | Long             | DBT              | CORP              | JP        |  12744000 | PA      | $12415578.58  | 0.18%             | 2023-09-12      | Fixed         | 0.80%                 | No            |                  2 | On Loan: —       |
| BPCE SA                                           | BPCE SA                                                | CUSIP: 05571CPN5<br>LEI: 9695005MSX1OYEMGDF46 | Long             | STIV             | CORP              | FR        |  10000000 | PA      | $9972610.00   | 0.15%             | 2023-02-22      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Nutrien Ltd                                       | Nutrien Ltd                                            | CUSIP: 67077VQ92<br>LEI: 5493002QQ7GD21OWF963 | Long             | STIV             | CORP              | CA        |   6780000 | PA      | $6746565.92   | 0.10%             | 2023-03-09      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| DAIMLER TRUCK FINAN NA                            | Daimler Truck Finance North America LLC                | CUSIP: 233853AB6<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3866419.60   | 0.06%             | 2023-12-14      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| NTT FINANCE CORP                                  | NTT Finance Corp                                       | CUSIP: 62954WAB1<br>LEI: 3538007PR116187GD960 | Long             | DBT              | CORP              | JP        |   6005000 | PA      | $5727346.03   | 0.08%             | 2024-03-01      | Fixed         | 0.58%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                           | Goldman Sachs Group Inc/The                            | CUSIP: 38141GZE7<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |  12000000 | PA      | $11629854.72  | 0.17%             | 2023-12-06      | Fixed         | 1.22%                 | No            |                  2 | On Loan: No      |
| CHEVRON CORP                                      | Chevron Corp                                           | CUSIP: 166764BV1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4510000 | PA      | $4465517.82   | 0.07%             | 2023-05-11      | Fixed         | 1.14%                 | No            |                  2 | On Loan: —       |
| ATMOS ENERGY CORP                                 | Atmos Energy Corp                                      | CUSIP: 049560AV7<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | DBT              | CORP              | US        |  23770000 | PA      | $23768718.80  | 0.35%             | 2023-03-09      | Floating      | 5.10%                 | No            |                  2 | On Loan: —       |
| ROYAL BK OF CANADA                                | ROYAL BK OF CANADA                                     | CUSIP: 78015JBS5<br>LEI: 549300LCO2FLSSVFFR64 | Long             | STIV             | CORP              | CA        |  25000000 | PA      | $24842289.75  | 0.37%             | 2023-08-22      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Penske Truck Leasing Co LP                        | Penske Truck Leasing Co LP                             | CUSIP: 70962BP73<br>LEI: 549300ZX07JYMI8GHQ39 | Long             | STIV             | CORP              | US        |  25000000 | PA      | $24976764.00  | 0.37%             | 2023-02-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Alabama Federal Aid Highway Finance Authority     | ALABAMA FEDERAL AID HIGHWAY FIN AUTH SPL OBLIG REVENUE | CUSIP: 010268CK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3545000 | PA      | $3452464.87   | 0.05%             | 2023-09-01      | Fixed         | 0.45%                 | No            |                  2 | On Loan: No      |
| MASSMUTUAL GLOBAL FUNDIN                          | MassMutual Global Funding II                           | CUSIP: 57629WDK3<br>LEI: 549300K1IE3K7YU6VG29 | Long             | DBT              | CORP              | US        |   7302000 | PA      | $7209032.91   | 0.11%             | 2025-08-26      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                           | John Deere Capital Corp                                | CUSIP: 24422EWF2<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |  10390000 | PA      | $10141996.62  | 0.15%             | 2025-06-06      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| NVIDIA CORP                                       | NVIDIA Corp                                            | CUSIP: 67066GAL8<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | DBT              | CORP              | US        |   5305000 | PA      | $5026304.05   | 0.07%             | 2024-06-14      | Fixed         | 0.58%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE SECURITIES (USA) LLC                | TRIPARTY CREDIT SUISSE SECUR                           | CUSIP: 000000000<br>LEI: 1V8Y6QCX6YMJ2OELII46 | Long             | RA               | CORP              | US        |  16000000 | PA      | $16000000.00  | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Evergy Kansas Central Inc                         | Evergy Kansas Central Inc                              | CUSIP: 30035NP25<br>LEI: J75GNWGEO73W89ZV3S44 | Long             | STIV             | CORP              | US        |  14350000 | PA      | $14346359.12  | 0.21%             | 2023-02-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Liberty Street Funding LLC                        | Liberty Street Funding LLC                             | CUSIP: 53127UPU8<br>LEI: 549300F33VRHM10B9391 | Long             | STIV             | CORP              | US        |  10000000 | PA      | $9964595.60   | 0.15%             | 2023-02-28      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Long Island Power Authority                       | LONG ISLAND NY PWR AUTH ELEC SYS REVENUE               | CUSIP: 542691DP2<br>LEI: 1R46U5SYJ63KQXF39168 | Long             | DBT              | MUN               | US        |   1290000 | PA      | $1285681.08   | 0.02%             | 2023-03-01      | Fixed         | 0.76%                 | No            |                  2 | On Loan: No      |
| SWEDBANK AB                                       | Swedbank AB                                            | CUSIP: 87020PAK3<br>LEI: M312WZV08Y7LYUC71685 | Long             | DBT              | CORP              | SE        |   6680000 | PA      | $6598236.80   | 0.10%             | 2023-06-02      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| NATIONAL AUSTRALIA BK/NY                          | National Australia Bank Ltd/New York                   | CUSIP: 63253QAA2<br>LEI: 549300E2IPL06NDXMZ63 | Long             | DBT              | CORP              | AU        |  17800000 | PA      | $18011080.05  | 0.27%             | 2026-01-12      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                            | NextEra Energy Capital Holdings Inc                    | CUSIP: 65339KBL3<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |  10000000 | PA      | $9914117.60   | 0.15%             | 2024-09-01      | Fixed         | 4.26%                 | No            |                  2 | On Loan: No      |
| Pure Grove Funding                                | Pure Grove Funding                                     | CUSIP: 74625TA89<br>LEI: 5493001D6K5CFMBUWV36 | Long             | STIV             | CORP              | US        |  20000000 | PA      | $19032330.00  | 0.28%             | 2024-01-08      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CenterPoint Energy Resources Corp                 | CenterPoint Energy Resources Corp                      | CUSIP: 15200LPN3<br>LEI: 2JADVB0458J06WCD4N56 | Long             | STIV             | CORP              | US        |  25000000 | PA      | $24927430.50  | 0.37%             | 2023-02-22      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| COLLAT COMM PAPER V CO                            | Collateralized Commercial Paper V Co LLC               | CUSIP: 19424G6W7<br>LEI: 549300ZLXI3T111CH173 | Long             | STIV             | CORP              | US        |  28200000 | PA      | $28205527.20  | 0.42%             | 2023-02-21      | Floating      | 4.84%                 | No            |                  2 | On Loan: No      |
| Korea Development Bank/New York NY                | Korea Development Bank/New York NY                     | CUSIP: 5006E1P65<br>LEI: 549300ML2LNRZUCS7149 | Long             | STIV             | CORP              | US        |   7500000 | PA      | $7494444.98   | 0.11%             | 2023-02-06      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Mont Blanc Capital Corp                           | Mont Blanc Capital Corp                                | CUSIP: 6117P5RL3<br>LEI: 549300NC8BUDZTUFIQ67 | Long             | STIV             | CORP              | US        |   7895000 | PA      | $7813901.06   | 0.12%             | 2023-04-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MACQUARIE BANK LTD                                | Macquarie Bank Ltd                                     | CUSIP: 55608PBH6<br>LEI: 4ZHCHI4KYZG2WVRT8631 | Long             | DBT              | CORP              | AU        |  15000000 | PA      | $15001485.30  | 0.22%             | 2023-04-06      | Floating      | 4.62%                 | No            |                  2 | On Loan: No      |
| Spire Inc                                         | Spire Inc                                              | CUSIP: 84858PPH8<br>LEI: 549300NXSY15DRY2R511 | Long             | STIV             | CORP              | US        |   8800000 | PA      | $8780319.33   | 0.13%             | 2023-02-17      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK LIFE GLOBAL FDG                          | New York Life Global Funding                           | CUSIP: 64952WEU3<br>LEI: 635400DPNHEAUHB7ZI15 | Long             | DBT              | CORP              | US        |  16500000 | PA      | $16077107.48  | 0.24%             | 2025-08-05      | Fixed         | 3.60%                 | No            |                  2 | On Loan: —       |
| MACQUARIE BANK LIMITED                            | Macquarie Bank Ltd                                     | CUSIP: 55607NQP8<br>LEI: 4ZHCHI4KYZG2WVRT8631 | Long             | STIV             | CORP              | US        |  15000000 | PA      | $15025050.00  | 0.22%             | 2024-01-09      | Floating      | 4.94%                 | No            |                  2 | On Loan: No      |
| Enel Finance America LLC                          | Enel Finance America LLC                               | CUSIP: 29279HQL2<br>LEI: 549300EGNLVUJX1DEC60 | Long             | STIV             | CORP              | US        |  17600000 | PA      | $17479756.80  | 0.26%             | 2023-03-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Lease Trust                      | Ford Credit Auto Lease Trust 2021-B                    | CUSIP: 345329AB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    965359 | PA      | $963533.04    | 0.01%             | 2024-04-15      | Fixed         | 0.24%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                           | Hyundai Capital America                                | CUSIP: 44891ABU0<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |  21620000 | PA      | $21471470.60  | 0.32%             | 2023-04-03      | Fixed         | 0.80%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENERGY RES                            | CenterPoint Energy Resources Corp                      | CUSIP: 15189WAM2<br>LEI: 2JADVB0458J06WCD4N56 | Long             | DBT              | CORP              | US        |  15935000 | PA      | $15885328.06  | 0.23%             | 2023-03-02      | Fixed         | 0.70%                 | No            |                  2 | On Loan: —       |
| ASTRAZENECA PLC                                   | AstraZeneca PLC                                        | CUSIP: 046353AY4<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | DBT              | CORP              | GB        |  24000000 | PA      | $23660893.92  | 0.35%             | 2023-05-26      | Fixed         | 0.30%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                                  | Deutsche Bank AG/New York NY                           | CUSIP: 251526CL1<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |  16220000 | PA      | $16171255.33  | 0.24%             | 2023-11-08      | Floating      | 4.60%                 | No            |                  2 | On Loan: No      |
| Fiserv Inc                                        | Fiserv Inc                                             | CUSIP: 33774LPE2<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | STIV             | CORP              | US        |  10455000 | PA      | $10435768.65  | 0.15%             | 2023-02-14      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| GILEAD SCIENCES INC                               | Gilead Sciences Inc                                    | CUSIP: 375558BW2<br>LEI: 549300WTZWR07K8MNV44 | Long             | DBT              | CORP              | US        |  15971000 | PA      | $15531404.61  | 0.23%             | 2023-09-29      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Lease Trust                      | Ford Credit Auto Lease Trust 2022-A                    | CUSIP: 34528LAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3278242 | PA      | $3250640.05   | 0.05%             | 2024-10-15      | Fixed         | 2.78%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                 | HSBC Holdings PLC                                      | CUSIP: 404280CW7<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   6995000 | PA      | $6744296.89   | 0.10%             | 2024-11-22      | Fixed         | 1.16%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                          | Toyota Motor Credit Corp                               | CUSIP: 89236TKF1<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |  13145000 | PA      | $12855005.66  | 0.19%             | 2025-08-18      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                            | UnitedHealth Group Inc                                 | CUSIP: 91324PEB4<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |  15135000 | PA      | $14367499.16  | 0.21%             | 2024-05-15      | Fixed         | 0.55%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL SERVICES                          | Hyundai Capital Services Inc                           | CUSIP: 44920UAQ1<br>LEI: 549300MALMDAGL2ZJJ27 | Long             | DBT              | CORP              | KR        |  20000000 | PA      | $19103750.00  | 0.28%             | 2023-09-15      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| HSBC BANK PLC                                     | HSBC Bank PLC                                          | CUSIP: 40433FTE9<br>LEI: MP6I5ZYZBEU3UXPYFY54 | Long             | STIV             | CORP              | GB        |  20000000 | PA      | $20068194.60  | 0.30%             | 2023-11-01      | Floating      | 5.15%                 | No            |                  2 | On Loan: No      |
| TELUS Corp                                        | TELUS Corp                                             | CUSIP: 87974WQL5<br>LEI: L2TEUTQ8OSHMJWVLCE40 | Long             | STIV             | CORP              | CA        |  13795000 | PA      | $13706160.20  | 0.20%             | 2023-03-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Mohawk Industries Inc                             | Mohawk Industries Inc                                  | CUSIP: 60819KP20<br>LEI: 549300JI1115MG3Q6322 | Long             | STIV             | CORP              | US        |   7600000 | PA      | $7598071.73   | 0.11%             | 2023-02-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| La Fayette Asset Securitization LLC               | La Fayette Asset Securitization LLC                    | CUSIP: 50286MP39<br>LEI: 549300WQLPP9XYITNS62 | Long             | STIV             | CORP              | US        |  16304000 | PA      | $16298074.80  | 0.24%             | 2023-02-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI BANK NY                           | Sumitomo Mitsui Banking Corp/New York                  | CUSIP: 86565FTR3<br>LEI: 549300MS3WYYVQ4HXM15 | Long             | STIV             | CORP              | JP        |  15000000 | PA      | $15037327.50  | 0.22%             | 2023-09-28      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| RAYTHEON TECH CORP                                | Raytheon Technologies Corp                             | CUSIP: 913017DB2<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3970821.64   | 0.06%             | 2023-08-16      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Spire Inc                                         | Spire Inc                                              | CUSIP: 84858PQ20<br>LEI: 549300NXSY15DRY2R511 | Long             | STIV             | CORP              | US        |  20570000 | PA      | $20488234.25  | 0.30%             | 2023-03-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Lloyds Bank Corporate Markets PLC/New York NY     | Lloyds Bank Corporate Markets PLC/New York NY          | CUSIP: 53948BSF7<br>LEI: 213800MBWEIJDM5CU638 | Long             | STIV             | CORP              | GB        |   8000000 | PA      | $7890176.00   | 0.12%             | 2023-05-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMP BK COMM NY                           | Canadian Imperial Bank of Commerce/New York NY         | CUSIP: 13606KCZ7<br>LEI: 549300H8L46OOZOFHU82 | Long             | STIV             | CORP              | CA        |  30000000 | PA      | $30003796.20  | 0.44%             | 2023-03-03      | Floating      | 4.58%                 | No            |                  2 | On Loan: No      |
| Kookmin Bank                                      | Kookmin Bank                                           | CUSIP: 50049QRR3<br>LEI: 549300XXMOJSIW8P4769 | Long             | STIV             | CORP              | KR        |  25000000 | PA      | $24724433.25  | 0.36%             | 2023-04-25      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| KEY BANK NA                                       | KeyBank NA/Cleveland OH                                | CUSIP: 49327M3C6<br>LEI: HUX2X73FUCYHUVH1BK78 | Long             | DBT              | CORP              | US        |  10000000 | PA      | $9798068.00   | 0.14%             | 2024-06-14      | Fixed         | 0.43%                 | No            |                  2 | On Loan: No      |
| MASSMUTUAL GLOBAL FUNDIN                          | MassMutual Global Funding II                           | CUSIP: 57629WCU2<br>LEI: 549300K1IE3K7YU6VG29 | Long             | DBT              | CORP              | US        |   8328000 | PA      | $8212584.25   | 0.12%             | 2023-06-09      | Fixed         | 0.85%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE NEW YORK                            | Credit Suisse AG/New York NY                           | CUSIP: 22550L2D2<br>LEI: 549300D0YARF5HYP1809 | Long             | DBT              | CORP              | CH        |   5000000 | PA      | $4940272.95   | 0.07%             | 2023-05-05      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| LANDESBK BADEN-WURTT NY                           | Landesbank Baden-Wuerttemberg/New York NY              | CUSIP: 51501J3M5<br>LEI: B81CK4ESI35472RHJ606 | Long             | STIV             | CORP              | DE        |  17500000 | PA      | $17500617.75  | 0.26%             | 2023-02-03      | Floating      | 4.79%                 | No            |                  2 | On Loan: No      |
| Barton Capital SA                                 | Barton Capital SA                                      | CUSIP: 06945MPQ3<br>LEI: 549300KOFKIMD0C37W24 | Long             | STIV             | CORP              | US        |  28419000 | PA      | $28332606.24  | 0.42%             | 2023-02-24      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| KEY BANK NA                                       | KeyBank NA/Cleveland OH                                | CUSIP: 49327M3E2<br>LEI: HUX2X73FUCYHUVH1BK78 | Long             | DBT              | CORP              | US        |   5370000 | PA      | $5308292.36   | 0.08%             | 2025-08-08      | Fixed         | 4.15%                 | No            |                  2 | On Loan: —       |
| Amcor Flexibles North America Inc                 | Amcor Flexibles North America Inc                      | CUSIP: 02343CP33<br>LEI: PTVU09TE3QPJPL7K4E13 | Long             | STIV             | CORP              | US        |  14099000 | PA      | $14093582.46  | 0.21%             | 2023-02-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NVIDIA CORP                                       | NVIDIA Corp                                            | CUSIP: 67066GAK0<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | DBT              | CORP              | US        |  28000000 | PA      | $27542454.52  | 0.41%             | 2023-06-15      | Fixed         | 0.31%                 | No            |                  2 | On Loan: No      |
| NATIONAL AUSTRALI BANK L                          | National Australia Bank Ltd                            | CUSIP: 63254GUM5<br>LEI: F8SB4JFBSYQFRQEH3Z21 | Long             | STIV             | CORP              | AU        |  10000000 | PA      | $10004112.20  | 0.15%             | 2023-03-14      | Floating      | 4.80%                 | No            |                  2 | On Loan: No      |
| E.ON SE                                           | E.ON SE                                                | CUSIP: 26877KP38<br>LEI: Q9MAIUP40P25UFBFG033 | Long             | STIV             | CORP              | DE        |  12940000 | PA      | $12935043.98  | 0.19%             | 2023-02-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                            | NextEra Energy Capital Holdings Inc                    | CUSIP: 65339KBX7<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |  30000000 | PA      | $29958000.00  | 0.44%             | 2023-11-03      | Floating      | 4.47%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                               | JPMorgan Chase & Co                                    | CUSIP: 46647PBZ8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3976675.00   | 0.06%             | 2024-03-16      | Fixed         | 0.70%                 | No            |                  2 | On Loan: No      |
| McDonald's Corp                                   | McDonald's Corp                                        | CUSIP: 58013MFE9<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |   1263000 | PA      | $1260672.51   | 0.02%             | 2023-04-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: —       |
| ENTERPRISE PRODUCTS OPER                          | Enterprise Products Operating LLC                      | CUSIP: 29379VCC5<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |  12365000 | PA      | $12544557.36  | 0.19%             | 2026-01-10      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Mizuho Floater/Residual Trust                     | MIZUHO FLOATER/RESIDUAL TRUST VARIOUS STATES           | CUSIP: 60700HDW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9200000 | PA      | $9200000.00   | 0.14%             | 2023-02-01      | Floating      | 4.09%                 | No            |                  2 | On Loan: No      |
| ING US Funding LLC                                | ING US Funding LLC                                     | CUSIP: 4497W1VN3<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |  25000000 | PA      | $24305570.75  | 0.36%             | 2023-08-22      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH BK AUSTRALI                          | Commonwealth Bank of Australia                         | CUSIP: 20272A2B1<br>LEI: MSFSBD3QN1GSN7Q6C537 | Long             | STIV             | CORP              | AU        |  35000000 | PA      | $35050142.75  | 0.52%             | 2023-07-13      | Floating      | 4.90%                 | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                                 | BARCLAYS BANK PLC                                      | CUSIP: 06742TQ90<br>LEI: G5GSEF7VJP5I7OUK5573 | Long             | STIV             | CORP              | US        |   8750000 | PA      | $8694547.49   | 0.13%             | 2023-06-01      | Fixed         | 2.98%                 | No            |                  2 | On Loan: No      |
| DNB Bank ASA                                      | DNB Bank ASA                                           | CUSIP: 2332K1RU6<br>LEI: 549300GKFG0RYRRQ1414 | Long             | STIV             | CORP              | NO        |  10000000 | PA      | $9889365.00   | 0.15%             | 2023-04-28      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CenterPoint Energy Resources Corp                 | CenterPoint Energy Resources Corp                      | CUSIP: 15200LPP8<br>LEI: 2JADVB0458J06WCD4N56 | Long             | STIV             | CORP              | US        |  25000000 | PA      | $24924100.00  | 0.37%             | 2023-02-23      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| National Australia Bank Ltd                       | National Australia Bank Ltd                            | CUSIP: 63254FPQ4<br>LEI: F8SB4JFBSYQFRQEH3Z21 | Long             | STIV             | CORP              | AU        |  17000000 | PA      | $16949147.39  | 0.25%             | 2023-02-24      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MET LIFE GLOB FUNDING I                           | Metropolitan Life Global Funding I                     | CUSIP: 59217GGW3<br>LEI: 635400MMSOCXNNNZDZ82 | Long             | DBT              | CORP              | US        |  27000000 | PA      | $26938339.29  | 0.40%             | 2024-01-07      | Floating      | 4.64%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                                  | Deutsche Bank AG/New York NY                           | CUSIP: 251526CQ0<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |   6905000 | PA      | $6815718.35   | 0.10%             | 2025-05-13      | Fixed         | 4.16%                 | No            |                  2 | On Loan: —       |
| PEPSICO INC                                       | PepsiCo Inc                                            | CUSIP: 713448EY0<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |   1615000 | PA      | $1598803.97   | 0.02%             | 2023-05-01      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-03-01

**Name of Applicant:** iShares U.S. ETF Trust

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer