# EDGAR Filing Document

**Accession Number:** 0001676326
**File Stem:** 0002071691-26-011918
**Filing Date:** 2026-5
**Character Count:** 408321
**Document Hash:** 4f8d0b9628ab08b2b41b9b1ab5747c77
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-26-011918.hdr.sgml**: 20260527

**ACCESSION NUMBER**: 0002071691-26-011918

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260527

**DATE AS OF CHANGE**: 20260527

**PERIOD START**: 20260930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Morgan Stanley ETF Trust
- **CENTRAL INDEX KEY:** 0001676326

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23820
- **FILM NUMBER:** 261022366

**BUSINESS ADDRESS:**
- **STREET 1:** 1585 BROADWAY
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10036
- **BUSINESS PHONE:** 212.296.1404

**MAIL ADDRESS:**
- **STREET 1:** 1585 BROADWAY
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10036

## Series and Classes Contracts Data

### Eaton Vance Total Return Bond ETF (Series ID: S000083413)

| Class ID   | Class Name                        | Ticker Symbol   |
|:---|:---|:---|
| C000247024 | Eaton Vance Total Return Bond ETF | EVTR            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Morgan Stanley ETF Trust

- **b. Investment Company Act file number:** 811-23820

- **c. CIK number of Registrant:** 0001676326

- **d. LEI of Registrant:** 549300HASXQLXGOR9H31

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

  - **Street Address 1:** 1585 Broadway

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10036

  - **Telephone number:** 800-548-7786

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

- **a. Name of Series:** Eaton Vance Total Return Bond ETF

- **b. EDGAR series identifier (if any):** S000083413

- **c. LEI of Series:** 254900IQ3M4DXR8SC125

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

- **a. Date of fiscal year-end:** 2026-09-30

- **b. Date as of which information is reported:** 2026-03-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $6063640916.52

**Total Liabilities:** $1124590593.81

**Net Assets:** $4939050322.71

**Cash Not Reported:** $13528141.25

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 2150.90570900 | **1-Year:** 87503.72494000 | **5-Year:** 495287.47746400 | **10-Year:** 592034.77649900 | **30-Year:** 145267.98246600

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

- **3-Month:** 375.64475300 | **1-Year:** 28128.94373600 | **5-Year:** 95370.63607300 | **10-Year:** 18937.35792600 | **30-Year:** 5049.94971700

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000247024 | 0.36%                | 1.39%                | -2.05%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $3700967.85              | $-2588156.07                               |
| Month 2  | $3815200.12              | $32679414.22                               |
| Month 3  | $-5554261.29             | $-104519866.54                             |

**Designated Index Information**

- **Index Name:** Bloomberg U.S. Aggregate Index

- **Index Identifier:** BBG_US_Agg

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Citadel Securities Global Holdings LLC                        | Citadel Securities Global Holdings LLC                                                    | CUSIP: 17289RAE6<br>LEI: 549300NV5RXBUS3X7L47 | Long             | DBT              | CORP              | US        |    2970000 | PA      | $2947919.56   | 0.06%             | 2032-01-27      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Benchmark Mortgage Trust                                      | Benchmark Mortgage Trust, Series 2020-IG2, Class XA                                       | CUSIP: 08162NAF3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   25152299 | PA      | $337025.72    | 0.01%             | 2048-09-15      | Variable      | 0.83%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-23280.76    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31384WM23<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        636 | PA      | $657.54       | 0.00%             | 2031-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Republic of Kenya                                             | Kenya Government Bond                                                                     | CUSIP: N/A<br>LEI: 549300VVURQQYU45PR87       | Long             | DBT              | NUSS              | KE        |     500000 | PA      | $453791.93    | 0.01%             | 2039-02-26      | Fixed         | 8.70%                 | Yes           |                  2 | On Loan: —       |
| Magnetite XXII Ltd.                                           | Magnetite XXII Ltd., Series 2019-22A, Class DRR                                           | CUSIP: 55954HBC5<br>LEI: 5493000081NBXWGGSW23 | Long             | ABS-CBDO         | CORP              | KY        |    1500000 | PA      | $1498500.00   | 0.03%             | 2036-07-15      | Floating      | 6.57%                 | Yes           |                  2 | On Loan: No      |
| FHLMC                                                         | FHLMC, Multifamily Structured Pass-Through Certificates, Series K114, Class X3            | CUSIP: 3137FVNK4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    5484002 | PA      | $522148.52    | 0.01%             | 2048-08-25      | Variable      | 2.73%                 | No            |                  2 | On Loan: No      |
| N/A                                                           | U.S. Treasury 2 Year Notes                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       -180 | NC      | $85699.68     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31384VUZ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        706 | PA      | $730.55       | 0.00%             | 2030-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| OCP SA                                                        | OCP SA                                                                                    | CUSIP: N/A<br>LEI: 213800D26TAPVTCVWG40       | Long             | DBT              | NUSS              | MA        |     670000 | PA      | $697682.43    | 0.01%             | 2034-05-02      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                          | FNMA, REMIC, Series 2025-18, Class WF                                                     | CUSIP: 3136BVMZ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    9757139 | PA      | $9822279.35   | 0.20%             | 2054-09-25      | Floating      | 4.76%                 | No            |                  2 | On Loan: No      |
| Arab Republic of Egypt                                        | Egypt Treasury Bill                                                                       | CUSIP: N/A<br>LEI: 529900GFIVH4086NMH82       | Long             | STIV             | NUSS              | EG        |    1775000 | PA      | $31762.30     | 0.00%             | 2026-05-12      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                         | FHLMC Gold Pool, 30 Year                                                                  | CUSIP: 3128M6PC6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       1398 | PA      | $1461.17      | 0.00%             | 2037-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BF Mortgage Trust                                             | BF Mortgage Trust, Series 2019-NYT, Class C                                               | CUSIP: 62954PAJ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2500000 | PA      | $2427043.50   | 0.05%             | 2035-12-15      | Floating      | 5.67%                 | Yes           |                  2 | On Loan: No      |
| GNMA                                                          | GNMA, Series 2023-116, Class DF                                                           | CUSIP: 38384EDX0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    7952797 | PA      | $8007499.10   | 0.16%             | 2053-08-20      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31418FMK0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   36755158 | PA      | $37457602.42  | 0.76%             | 2055-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                           | NDIRS                                                                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |    6460000 | PA      | $86417.95     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Midcap Financial Issuer Trust                                 | Midcap Financial Issuer Trust                                                             | CUSIP: 59590AAF6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    8255000 | PA      | $8155147.16   | 0.17%             | 2029-04-15      | Fixed         | 5.37%                 | Yes           |                  2 | On Loan: No      |
| Millicom International Cellular SA                            | Millicom International Cellular SA                                                        | CUSIP: N/A<br>LEI: 549300CTHC1CP86P2G96       | Long             | DBT              | CORP              | LU        |     623000 | PA      | $568365.82    | 0.01%             | 2031-04-27      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                          | FNMA, REMIC, Series 2024-25, Class FB                                                     | CUSIP: 3136BRTL1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   15093480 | PA      | $15127546.48  | 0.31%             | 2054-05-25      | Floating      | 4.81%                 | No            |                  2 | On Loan: No      |
| Romania                                                       | Romania Government Bond                                                                   | CUSIP: N/A<br>LEI: 315700IASY927EDWBK92       | Long             | DBT              | NUSS              | RO        |     290000 | PA      | $69143.21     | 0.00%             | 2032-09-29      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| N/A                                                           | OIS                                                                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |  100000000 | PA      | $9277.35      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Citadel LP                                                    | Citadel LP                                                                                | CUSIP: 17288XAC8<br>LEI: 549300IPM6EKPVUPFL67 | Long             | DBT              | CORP              | US        |    9351000 | PA      | $9697376.38   | 0.20%             | 2032-01-23      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: —       |
| FHLMC                                                         | FHLMC Gold Pool, Other                                                                    | CUSIP: 31286DND9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |        906 | PA      | $910.25       | 0.00%             | 2037-08-01      | Fixed         | 5.41%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | FNMA, REMIC, Series 2025-109, Class FC                                                    | CUSIP: 3136BYEL2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   12016736 | PA      | $12013261.51  | 0.24%             | 2054-11-25      | Floating      | 4.66%                 | No            |                  2 | On Loan: No      |
| BCMSC Trust                                                   | BCMSC Trust, Series 1998-C, Class M1                                                      | CUSIP: 09774XAP7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     466393 | PA      | $465020.73    | 0.01%             | 2029-01-15      | Variable      | 7.51%                 | No            |                  2 | On Loan: No      |
| BANK                                                          | BANK, Series 2020-BN30, Class MCDF                                                        | CUSIP: 06541UBG0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4200000 | PA      | $2863815.36   | 0.06%             | 2053-12-15      | Variable      | 2.92%                 | No            |                  2 | On Loan: No      |
| McGraw-Hill Education, Inc.                                   | McGraw-Hill Education, Inc.                                                               | CUSIP: 58064LAA2<br>LEI: 254900U6YJ9QZ4IQOR26 | Long             | DBT              | CORP              | US        |     499000 | PA      | $509731.99    | 0.01%             | 2031-09-01      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: —       |
| NRM FHT1 Excess Owner LLC                                     | NRM FHT1 Excess Owner LLC, Series 2025-FHT1, Class A                                      | CUSIP: 64832EAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    5686538 | PA      | $5731905.60   | 0.12%             | 2032-03-25      | Variable      | 6.55%                 | Yes           |                  2 | On Loan: No      |
| DBC Mortgage Trust                                            | DBC Mortgage Trust, Series 2025-DBC, Class A                                              | CUSIP: 23306HAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3550000 | PA      | $3552746.28   | 0.07%             | 2042-11-15      | Floating      | 5.02%                 | Yes           |                  2 | On Loan: No      |
| ORL Trust                                                     | ORL Trust, Series 2024-GLKS, Class A                                                      | CUSIP: 67120DAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3847000 | PA      | $3851804.90   | 0.08%             | 2039-12-15      | Floating      | 5.17%                 | Yes           |                  2 | On Loan: No      |
| GNMA                                                          | GNMA II, Single Family, 30 Year                                                           | CUSIP: 3617J6UQ5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      13015 | PA      | $12902.17     | 0.00%             | 2048-12-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Coca-Cola Icecek A/S                                          | Coca-Cola Icecek A/S                                                                      | CUSIP: N/A<br>LEI: 789000WT80VVLUWJDK41       | Long             | DBT              | CORP              | TR        |     610000 | PA      | $585200.82    | 0.01%             | 2029-01-20      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31374TJV2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        705 | PA      | $729.27       | 0.00%             | 2028-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Pool                                                    | UMBS Pool, 30 Year                                                                        | CUSIP: 3132DWMY6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   28211157 | PA      | $28364844.65  | 0.57%             | 2054-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Axia Energia                                                  | Axia Energia                                                                              | CUSIP: N/A<br>LEI: 254900I8KYDELP4B4Z08       | Long             | DBT              | CORP              | BR        |     700000 | PA      | $706650.00    | 0.01%             | 2035-01-11      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| American International Group, Inc.                            | American International Group, Inc.                                                        | CUSIP: 026874DX2<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | DBT              | CORP              | US        |     913000 | PA      | $931696.65    | 0.02%             | 2035-05-07      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| United States of America                                      | U.S. Treasury Notes                                                                       | CUSIP: 91282CMZ1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  151523000 | PA      | $151375028.70 | 3.06%             | 2030-04-30      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31390C5R3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       1590 | PA      | $1670.25      | 0.00%             | 2032-07-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31418FMJ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   14928649 | PA      | $15003328.48  | 0.30%             | 2055-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| United States of America                                      | U.S. Treasury Notes                                                                       | CUSIP: 91282CFL0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  122387000 | PA      | $122418075.28 | 2.48%             | 2029-09-30      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Elmwood CLO 32 Ltd.                                           | Elmwood CLO 32 Ltd., Series 2024-8A, Class D1                                             | CUSIP: 29003TAJ1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    1000000 | PA      | $985462.00    | 0.02%             | 2037-10-18      | Floating      | 6.52%                 | Yes           |                  2 | On Loan: No      |
| Bangkok Bank PCL                                              | Bangkok Bank PCL                                                                          | CUSIP: N/A<br>LEI: 549300CCL2BKJGMYXV60       | Long             | DBT              | CORP              | TH        |     640000 | PA      | $604343.15    | 0.01%             | 2034-09-25      | Variable      | 3.73%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31400WPB0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       6218 | PA      | $6505.81      | 0.00%             | 2033-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31378YKB9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |         96 | PA      | $96.40        | 0.00%             | 2028-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Vantage Data Centers Germany Borrower Lux SARL                | Vantage Data Centers Germany Borrower Lux SARL, Series 2025-1A, Class A2                  | CUSIP: N/A<br>LEI: 2549008VW14T3IH21H24       | Long             | ABS-MBS          | CORP              | LU        |    5327000 | PA      | $6088473.82   | 0.12%             | 2050-06-28      | Fixed         | 4.29%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31382SYR6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |         88 | PA      | $88.30        | 0.00%             | 2029-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                          | JPMorgan Chase & Co.                                                                      | CUSIP: 46647PFJ0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    7495000 | PA      | $7336747.65   | 0.15%             | 2037-01-22      | Variable      | 4.90%                 | No            |                  2 | On Loan: —       |
| MAPS Trust                                                    | MAPS Trust, Series 2026-1A, Class A                                                       | CUSIP: 55293WAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    7390316 | PA      | $7235235.02   | 0.15%             | 2051-01-15      | Fixed         | 5.20%                 | Yes           |                  2 | On Loan: No      |
| FHLMC Seasoned Credit Risk Transfer Trust                     | FHLMC Seasoned Credit Risk Transfer Trust, Series 2021-2, Class M                         | CUSIP: 35563P4H9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     684272 | PA      | $664994.46    | 0.01%             | 2060-11-25      | Variable      | 4.25%                 | Yes           |                  2 | On Loan: No      |
| Tecpetrol SA                                                  | Tecpetrol SA                                                                              | CUSIP: N/A<br>LEI: 529900C0GOV3UC7ZMZ16       | Long             | DBT              | CORP              | AR        |     700000 | PA      | $710254.98    | 0.01%             | 2033-01-22      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| XPLR Infrastructure Operating Partners LP                     | XPLR Infrastructure Operating Partners LP                                                 | CUSIP: 98380MAA3<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |    1664000 | PA      | $1752601.34   | 0.04%             | 2031-01-15      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: —       |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31418FEC7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   12029154 | PA      | $11882965.94  | 0.24%             | 2054-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| EFMT                                                          | EFMT, Series 2026-INV2, Class A1F                                                         | CUSIP: 26846TAG4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    6662547 | PA      | $6672037.36   | 0.14%             | 2071-02-25      | Floating      | 4.81%                 | Yes           |                  2 | On Loan: No      |
| Brookfield Asset Management Ltd.                              | Brookfield Asset Management Ltd.                                                          | CUSIP: 113004AC9<br>LEI: 549300CZ84WPNJZKY093 | Long             | DBT              | CORP              | CA        |    5975000 | PA      | $5841492.93   | 0.12%             | 2036-01-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| American National Group, Inc.                                 | American National Group, Inc.                                                             | CUSIP: 025676AQ0<br>LEI: 549300RK5RZQ740FPL83 | Long             | DBT              | CORP              | US        |   20152000 | PA      | $19660358.31  | 0.40%             | 2035-07-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: —       |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31383H6M1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       2101 | PA      | $2172.55      | 0.00%             | 2029-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                         | FHLMC, REMIC, Series 5397, Class FE                                                       | CUSIP: 3137HCFS6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    9033750 | PA      | $9111786.63   | 0.18%             | 2054-04-25      | Floating      | 4.92%                 | No            |                  2 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-5947.38     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Gol Finance, Inc.                                             | Gol Finance, Inc.                                                                         | CUSIP: 36254VAN8<br>LEI: 549300FRXVB8W0960Y03 | Long             | DBT              | CORP              | KY        |    1127000 | PA      | $1001621.25   | 0.02%             | 2030-06-06      | Fixed         | 14.38%                | Yes           |                  2 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-8402.65     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| United Mexican States                                         | Mexican Bonos                                                                             | CUSIP: N/A<br>LEI: 254900EGTWEU67VP6075       | Long             | DBT              | NUSS              | MX        |   66405400 | PA      | $3409574.65   | 0.07%             | 2038-11-18      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31379UGY1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        837 | PA      | $865.97       | 0.00%             | 2028-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31384V2P6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        872 | PA      | $901.62       | 0.00%             | 2030-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Benefit Street Partners CLO 41 Ltd.                           | Benefit Street Partners CLO 41 Ltd., Series 2025-41A, Class D1                            | CUSIP: 08186GAG8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    1500000 | PA      | $1499977.50   | 0.03%             | 2038-07-25      | Floating      | 6.42%                 | Yes           |                  2 | On Loan: No      |
| FHLMC                                                         | FHLMC Gold Pool, Other                                                                    | CUSIP: 31286DBX8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       8263 | PA      | $8497.28      | 0.00%             | 2037-01-01      | Fixed         | 5.44%                 | No            |                  2 | On Loan: No      |
| Veon Midco BV                                                 | Veon Midco BV                                                                             | CUSIP: N/A<br>LEI: 213800GOFSH7EPKBRE50       | Long             | DBT              | CORP              | NL        |     624000 | PA      | $592391.47    | 0.01%             | 2027-11-25      | Fixed         | 3.38%                 | Yes           |                  2 | On Loan: No      |
| FHLMC                                                         | FHLMC, REMIC, Series 5527, Class FA                                                       | CUSIP: 3137HKWJ9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    6634422 | PA      | $6629510.82   | 0.13%             | 2055-04-25      | Floating      | 4.66%                 | No            |                  2 | On Loan: No      |
| Akbank TAS                                                    | Akbank TAS                                                                                | CUSIP: N/A<br>LEI: 789000TUMN63Z28TJ497       | Long             | DBT              | CORP              | TR        |     440000 | PA      | $448571.47    | 0.01%             | 2030-01-20      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: —       |
| Alibaba Group Holding Ltd.                                    | Alibaba Group Holding Ltd.                                                                | CUSIP: 01609WBG6<br>LEI: 5493001NTNQJDH60PM02 | Long             | DBT              | CORP              | KY        |     164000 | PA      | $227755.00    | 0.00%             | 2031-06-01      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| Vantage Data Centers LLC                                      | Vantage Data Centers LLC, Series 2020-2A, Class A2                                        | CUSIP: 92212KAC0<br>LEI: 5493000RL8X7WTQ7HO20 | Long             | ABS-O            | CORP              | US        |    4240000 | PA      | $4050790.00   | 0.08%             | 2045-09-15      | Fixed         | 1.99%                 | Yes           |                  2 | On Loan: No      |
| CTR Partnership LP                                            | CTR Partnership LP                                                                        | CUSIP: 126458AE8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   10350000 | PA      | $10063614.47  | 0.20%             | 2028-06-30      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: —       |
| Klabin Austria GmbH                                           | Klabin Austria GmbH                                                                       | CUSIP: N/A<br>LEI: 984500578YEA8DD41B09       | Long             | DBT              | CORP              | AT        |     700000 | PA      | $704312.00    | 0.01%             | 2029-04-03      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Marsh & McLennan Cos., Inc.                                   | Marsh & McLennan Cos., Inc.                                                               | CUSIP: 571748CF7<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |    5659000 | PA      | $5608516.23   | 0.11%             | 2036-03-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Yinson Boronia Production BV                                  | Yinson Boronia Production BV                                                              | CUSIP: 98584XAA3<br>LEI: 5493007X12FTT746N678 | Long             | DBT              | CORP              | NL        |     388584 | PA      | $424154.43    | 0.01%             | 2042-07-31      | Fixed         | 8.95%                 | Yes           |                  2 | On Loan: —       |
| EPR Properties                                                | EPR Properties                                                                            | CUSIP: 26884UAE9<br>LEI: 549300YSSXFHMPOWZ492 | Long             | DBT              | CORP              | US        |    1641000 | PA      | $1639126.04   | 0.03%             | 2028-04-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: —       |
| Willis Engine Structured Trust VIII                           | Willis Engine Structured Trust VIII, Series 2025-A, Class A                               | CUSIP: 97063RAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    5630307 | PA      | $5710569.64   | 0.12%             | 2050-06-15      | Fixed         | 5.58%                 | Yes           |                  2 | On Loan: No      |
| GNMA                                                          | GNMA, Series 2025-170, Class KF                                                           | CUSIP: 38385HN37<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   14837269 | PA      | $14917620.79  | 0.30%             | 2055-10-20      | Floating      | 4.72%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31385WX20<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        477 | PA      | $496.01       | 0.00%             | 2033-01-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Horizon Aircraft Finance IV Ltd.                              | Horizon Aircraft Finance IV Ltd., Series 2024-1, Class A                                  | CUSIP: 43990EAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    4236500 | PA      | $4206564.89   | 0.09%             | 2049-09-15      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                           | NDIRS                                                                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |    6000000 | PA      | $-33857.35    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Banco de Bogota SA                                            | Banco de Bogota SA                                                                        | CUSIP: 059514AE9<br>LEI: 549300LYHE7LWSKDZT53 | Long             | DBT              | CORP              | CO        |     420000 | PA      | $418586.32    | 0.01%             | 2027-08-03      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| Willis Engine Structured Trust VII                            | Willis Engine Structured Trust VII, Series 2023-A, Class A                                | CUSIP: 97064YAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     227937 | PA      | $233263.43    | 0.00%             | 2048-10-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Arab Republic of Egypt                                        | Egypt Treasury Bill                                                                       | CUSIP: N/A<br>LEI: 529900GFIVH4086NMH82       | Long             | STIV             | NUSS              | EG        |    1450000 | PA      | $22426.48     | 0.00%             | 2027-01-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Aeropuertos Dominicanos Siglo XXI SA                          | Aeropuertos Dominicanos Siglo XXI SA                                                      | CUSIP: N/A<br>LEI: 254900KJA5MXNPYB4W32       | Long             | DBT              | CORP              | DO        |     660000 | PA      | $673031.70    | 0.01%             | 2034-06-30      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| FNMA or FHLMC                                                 | UMBS, Single Family, 30 Year                                                              | CUSIP: 01F040644<br>LEI: N/A                  | Short            | ABS-MBS          | USGSE             | US        |  -24080000 | PA      | $-22700102.82 | -0.46%            | 2056-04-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-6498.98     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FHLMC Pool                                                    | UMBS Pool, 30 Year                                                                        | CUSIP: 3142J6DG5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    5000000 | PA      | $4932985.75   | 0.10%             | 2056-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                         | Wells Fargo Commercial Mortgage Trust, Series 2025-609M, Class A                          | CUSIP: 95004NAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    5600000 | PA      | $5594688.40   | 0.11%             | 2042-08-15      | Floating      | 5.21%                 | Yes           |                  2 | On Loan: No      |
| Republic of Ghana                                             | Ghana Government Bond                                                                     | CUSIP: N/A<br>LEI: 213800PP4399SNNXZ126       | Long             | DBT              | NUSS              | GH        |     214375 | PA      | $204931.96    | 0.00%             | 2029-07-03      | Variable      | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Bolivarian Republic of Venezuela                              | Venezuela Government Bond                                                                 | CUSIP: N/A<br>LEI: 529900XM8PJTJK5OJI77       | Long             | DBT              | NUSS              | VE        |      57000 | PA      | $28927.50     | 0.00%             | 2022-08-23      | Fixed         | 12.75%                | Yes           |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31371KP70<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       2046 | PA      | $2124.95      | 0.00%             | 2032-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Cloud Software Group, Inc.                                    | Cloud Software Group, Inc.                                                                | CUSIP: 88632QAE3<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |   11409000 | PA      | $11141519.42  | 0.23%             | 2029-03-31      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-150.63      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Las Vegas Sands Corp.                                         | Las Vegas Sands Corp.                                                                     | CUSIP: 517834AN7<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |   17238000 | PA      | $17738639.96  | 0.36%             | 2030-06-14      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                         | FHLMC Gold Pool, Other                                                                    | CUSIP: 31335Y6E1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      15195 | PA      | $15657.47     | 0.00%             | 2038-01-01      | Fixed         | 5.46%                 | No            |                  2 | On Loan: No      |
| Castlelake Aircraft Structured Trust                          | Castlelake Aircraft Structured Trust, Series 2026-1A, Class A                             | CUSIP: 148924AA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   16090000 | PA      | $15826059.64  | 0.32%             | 2051-03-15      | Fixed         | 5.07%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                           | NDIRS                                                                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |    9300000 | PA      | $-48939.45    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA                                                          | FNMA, REMIC, Series 2024-79, Class FA                                                     | CUSIP: 3136BTLY7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    6047051 | PA      | $6054444.02   | 0.12%             | 2054-11-25      | Floating      | 4.76%                 | No            |                  2 | On Loan: No      |
| McGraw-Hill Education, Inc.                                   | McGraw-Hill Education, Inc.                                                               | CUSIP: 57767XAA8<br>LEI: 254900U6YJ9QZ4IQOR26 | Long             | DBT              | CORP              | US        |    6749000 | PA      | $6678259.55   | 0.14%             | 2028-08-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Cloud Capital Holdco LP                                       | Cloud Capital Holdco LP, Series 2024-2A, Class A2                                         | CUSIP: 102104AC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    4224000 | PA      | $4234802.46   | 0.09%             | 2049-11-22      | Fixed         | 5.92%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31402C4X7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        255 | PA      | $264.59       | 0.00%             | 2034-01-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fidelity Bank plc                                             | Fidelity Bank plc                                                                         | CUSIP: N/A<br>LEI: 029200298A5K5WI0F567       | Long             | DBT              | CORP              | NG        |     420000 | PA      | $419961.02    | 0.01%             | 2026-10-28      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| HA Sustainable Infrastructure Capital, Inc.                   | HA Sustainable Infrastructure Capital, Inc.                                               | CUSIP: 41068XAF7<br>LEI: 254900ZZRL7MWL1X8E92 | Long             | DBT              | CORP              | US        |   20535000 | PA      | $20684175.69  | 0.42%             | 2034-07-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Retained Vantage Data Centers Issuer LLC                      | Retained Vantage Data Centers Issuer LLC, Series 2023-1A, Class A2A                       | CUSIP: 76134KAA2<br>LEI: 254900N4NW6XZ9B4HM15 | Long             | ABS-O            | CORP              | US        |     213000 | PA      | $212559.22    | 0.00%             | 2048-09-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Smyrna Ready Mix Concrete LLC                                 | Smyrna Ready Mix Concrete LLC                                                             | CUSIP: 85236FAA1<br>LEI: 549300S7RFWHQFOIOY93 | Long             | DBT              | CORP              | US        |   11831000 | PA      | $11749168.52  | 0.24%             | 2028-11-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| BBVA Mexico SA Institucion de Banca Multiple Grupo Financiero | BBVA Mexico SA Institucion de Banca Multiple Grupo Financiero                             | CUSIP: 07336UAB9<br>LEI: 549300WIWQK5Q9MCUN92 | Long             | DBT              | CORP              | MX        |    3908000 | PA      | $4118218.71   | 0.08%             | 2039-01-08      | Variable      | 8.12%                 | Yes           |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                          | JPMorgan Chase & Co.                                                                      | CUSIP: 46647PFG6<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   12223000 | PA      | $12053085.88  | 0.24%             | 2032-01-22      | Variable      | 4.35%                 | No            |                  2 | On Loan: —       |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31391B6M4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       1290 | PA      | $1337.84      | 0.00%             | 2032-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31389HXX1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       2886 | PA      | $2984.61      | 0.00%             | 2032-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Seasoned Credit Risk Transfer Trust                     | FHLMC Seasoned Credit Risk Transfer Trust, Series 2016-1, Class MT                        | CUSIP: 35563PAA7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     787683 | PA      | $692583.59    | 0.01%             | 2055-09-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | FNMA, REMIC, Series 2024-84, Class JF                                                     | CUSIP: 3136BTUE1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    4685948 | PA      | $4726367.42   | 0.10%             | 2054-11-25      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31384VTE2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        142 | PA      | $146.84       | 0.00%             | 2030-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31389GSH4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       1130 | PA      | $1187.40      | 0.00%             | 2032-01-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Golub Capital Partners ABS Funding Ltd.                       | Golub Capital Partners ABS Funding Ltd., Series 2021-1A, Class A2                         | CUSIP: 38178HAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |     432385 | PA      | $399086.58    | 0.01%             | 2029-04-20      | Fixed         | 2.77%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $154969.92    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FHLMC                                                         | FHLMC STACR REMIC Trust, Series 2022-DNA2, Class B2                                       | CUSIP: 35564KSQ3<br>LEI: 5493000ISA3AUOXQEF68 | Long             | ABS-MBS          | CORP              | US        |    4695000 | PA      | $4951116.01   | 0.10%             | 2042-02-25      | Floating      | 12.16%                | Yes           |                  2 | On Loan: No      |
| Birch Grove CLO 14 Ltd.                                       | Birch Grove CLO 14 Ltd., Series 2025-14A, Class D1                                        | CUSIP: 09090RAG7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    3000000 | PA      | $3003855.00   | 0.06%             | 2037-07-22      | Floating      | 7.17%                 | Yes           |                  2 | On Loan: No      |
| Planet Fitness Master Issuer LLC                              | Planet Fitness Master Issuer LLC, Series 2019-1A, Class A2                                | CUSIP: 72703PAC7<br>LEI: 549300NX9W3U2DO53T22 | Long             | ABS-O            | CORP              | US        |     243750 | PA      | $232568.31    | 0.00%             | 2049-12-05      | Fixed         | 3.86%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-3733.48     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Driven Brands Funding LLC                                     | Driven Brands Funding LLC, Series 2021-1A, Class A2                                       | CUSIP: 26209XAD3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   12062866 | PA      | $10899352.11  | 0.22%             | 2051-10-20      | Fixed         | 2.79%                 | Yes           |                  2 | On Loan: No      |
| FHLMC                                                         | FHLMC STACR Trust, Series 2021-HQA3, Class B2                                             | CUSIP: 35564KKL2<br>LEI: 5493000ISHRHX47NOH65 | Long             | ABS-MBS          | CORP              | US        |    2940000 | PA      | $2999580.57   | 0.06%             | 2041-09-25      | Floating      | 9.91%                 | Yes           |                  2 | On Loan: No      |
| Petrobras Global Finance BV                                   | Petrobras Global Finance BV                                                               | CUSIP: 71647NBK4<br>LEI: 549300FNENFFSMO3GT38 | Long             | DBT              | CORP              | NL        |    1911000 | PA      | $1959204.98   | 0.04%             | 2033-07-03      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Artera Services LLC                                           | Artera Services LLC                                                                       | CUSIP: 04302XAA2<br>LEI: 549300J2G34D0WX8Z443 | Long             | DBT              | CORP              | US        |    4903900 | PA      | $4203263.62   | 0.09%             | 2031-02-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                          | FNMA, Strips, Series 305, Class 7                                                         | CUSIP: 31364JL35<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       2928 | PA      | $187.92       | 0.00%             | 2029-09-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Voyager Parent LLC                                            | Voyager Parent LLC                                                                        | CUSIP: 92921EAA0<br>LEI: 2549002DYVI4ACSV4V71 | Long             | DBT              | CORP              | US        |    9380000 | PA      | $9744309.82   | 0.20%             | 2032-07-01      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: —       |
| Asurion LLC                                                   | Asurion LLC                                                                               | CUSIP: 045941AA9<br>LEI: 549300KNQVXGIOXWK278 | Long             | DBT              | CORP              | US        |    9300000 | PA      | $9656078.31   | 0.20%             | 2032-12-31      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| TD SYNNEX Corp.                                               | TD SYNNEX Corp.                                                                           | CUSIP: 87162WAN0<br>LEI: 5493004HI6PFLF46NS53 | Long             | DBT              | CORP              | US        |   11014000 | PA      | $10676593.27  | 0.22%             | 2035-10-10      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Radian Mortgage Capital Trust                                 | Radian Mortgage Capital Trust, Series 2025-J3, Class A16                                  | CUSIP: 75024RAZ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2259113 | PA      | $2277150.58   | 0.05%             | 2055-12-25      | Variable      | 6.00%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-1380.39     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31390TW96<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        535 | PA      | $563.19       | 0.00%             | 2032-08-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Castlelake Aircraft Structured Trust                          | Castlelake Aircraft Structured Trust, Series 2025-1A, Class A                             | CUSIP: 14856VAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    8975627 | PA      | $9050674.97   | 0.18%             | 2050-02-15      | Fixed         | 5.78%                 | Yes           |                  2 | On Loan: No      |
| Ford Motor Credit Co. LLC                                     | Ford Motor Credit Co. LLC                                                                 | CUSIP: 345397C68<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    9622000 | PA      | $10154719.14  | 0.21%             | 2030-03-06      | Fixed         | 7.35%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                         | FHLMC, REMIC, Series 5483, Class FB                                                       | CUSIP: 3137HHNE7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    3097619 | PA      | $3118799.82   | 0.06%             | 2054-12-25      | Floating      | 5.09%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31387EV87<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        526 | PA      | $543.75       | 0.00%             | 2031-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Lendbuzz Securitization Trust                                 | Lendbuzz Securitization Trust, Series 2025-2A, Class B                                    | CUSIP: 52611JAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2940000 | PA      | $2927917.48   | 0.06%             | 2030-11-15      | Fixed         | 5.13%                 | Yes           |                  2 | On Loan: No      |
| Marsh & McLennan Cos., Inc.                                   | Marsh & McLennan Cos., Inc.                                                               | CUSIP: 571748CC4<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |    2376000 | PA      | $2367143.63   | 0.05%             | 2035-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $292.90       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CFMT LLC                                                      | CFMT LLC, Series 2022-HB9, Class M3                                                       | CUSIP: 12530GAD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1840000 | PA      | $1765237.30   | 0.04%             | 2037-09-25      | Variable      | 3.25%                 | Yes           |                  2 | On Loan: No      |
| FNMA or FHLMC                                                 | UMBS, Single Family, 30 Year                                                              | CUSIP: 01F040644<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   24080000 | PA      | $22700102.82  | 0.46%             | 2056-04-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Brookfield Asset Management Ltd.                              | Brookfield Asset Management Ltd.                                                          | CUSIP: 112586AB8<br>LEI: 549300CZ84WPNJZKY093 | Long             | DBT              | CORP              | CA        |   10345000 | PA      | $10230563.92  | 0.21%             | 2055-09-15      | Fixed         | 6.08%                 | No            |                  2 | On Loan: —       |
| Mosaic Solar Loan Trust                                       | Mosaic Solar Loan Trust, Series 2020-1A, Class A                                          | CUSIP: 61946NAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     335848 | PA      | $296662.82    | 0.01%             | 2046-04-20      | Fixed         | 2.10%                 | Yes           |                  2 | On Loan: No      |
| Galaxy 31 CLO Ltd.                                            | Galaxy 31 CLO Ltd., Series 2023-31A, Class DR                                             | CUSIP: 36320HAS8<br>LEI: 549300XTB6S9P2VMDV60 | Long             | ABS-CBDO         | CORP              | KY        |    2350000 | PA      | $2348261.00   | 0.05%             | 2038-07-15      | Floating      | 6.87%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                           | U.S. Treasury 5 Year Notes                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       2479 | NC      | $-2919991.75  | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| DB Master Finance LLC                                         | DB Master Finance LLC, Series 2021-1A, Class A2I                                          | CUSIP: 233046AN1<br>LEI: 549300F17UZJL70BPB08 | Long             | ABS-O            | CORP              | US        |    2581420 | PA      | $2541986.49   | 0.05%             | 2051-11-20      | Fixed         | 2.04%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-20.81       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Itau Unibanco Holding SA                                      | Itau Unibanco Holding SA                                                                  | CUSIP: 46556W2E9<br>LEI: 5493002W2IVG62O3ZJ94 | Long             | DBT              | CORP              | BR        |     780000 | PA      | $800829.90    | 0.02%             | 2030-02-27      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| XPLR Infrastructure Operating Partners LP                     | XPLR Infrastructure Operating Partners LP                                                 | CUSIP: 98380MAB1<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |    8221000 | PA      | $8690370.27   | 0.18%             | 2033-03-15      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: —       |
| New Mountain CLO 7 Ltd.                                       | New Mountain CLO 7 Ltd., Series CLO-7A, Class D2                                          | CUSIP: 64754YAL3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    2000000 | PA      | $1950872.00   | 0.04%             | 2038-03-31      | Floating      | 7.52%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-21.01       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Cloud Capital Holdco LP                                       | Cloud Capital Holdco LP, Series 2024-1A, Class A2                                         | CUSIP: 102104AA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   11727014 | PA      | $11737352.54  | 0.24%             | 2049-11-22      | Fixed         | 5.78%                 | Yes           |                  2 | On Loan: No      |
| PNC Financial Services Group, Inc. (The)                      | PNC Financial Services Group, Inc. (The)                                                  | CUSIP: 693475BU8<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    2206000 | PA      | $2437847.73   | 0.05%             | 2034-10-20      | Variable      | 6.88%                 | No            |                  2 | On Loan: —       |
| Intact Financial Corp.                                        | Intact Financial Corp.                                                                    | CUSIP: 45823TAL0<br>LEI: 5493009LXGE7Y4U9OY43 | Long             | DBT              | CORP              | CA        |    5755000 | PA      | $5859210.62   | 0.12%             | 2032-09-22      | Fixed         | 5.46%                 | Yes           |                  2 | On Loan: No      |
| FHLMC                                                         | FHLMC, Multifamily Structured Pass-Through Certificates, Series K144, Class X3            | CUSIP: 3137H7MC4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   11220034 | PA      | $1790237.77   | 0.04%             | 2032-05-25      | Variable      | 3.21%                 | No            |                  2 | On Loan: No      |
| Raymond James Financial, Inc.                                 | Raymond James Financial, Inc.                                                             | CUSIP: 754730AJ8<br>LEI: RGUZHJ05YTITL6D76949 | Long             | DBT              | CORP              | US        |    4901000 | PA      | $4774650.90   | 0.10%             | 2035-09-11      | Fixed         | 4.90%                 | No            |                  2 | On Loan: —       |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-11049.07    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| HA Sustainable Infrastructure Capital, Inc.                   | HA Sustainable Infrastructure Capital, Inc.                                               | CUSIP: 41068XAG5<br>LEI: 254900ZZRL7MWL1X8E92 | Long             | DBT              | CORP              | US        |    7218000 | PA      | $7471077.52   | 0.15%             | 2056-06-01      | Variable      | 8.00%                 | No            |                  2 | On Loan: —       |
| LifePoint Health, Inc.                                        | LifePoint Health, Inc.                                                                    | CUSIP: 53219LAV1<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |    5865000 | PA      | $6209639.13   | 0.13%             | 2030-08-15      | Fixed         | 9.88%                 | Yes           |                  2 | On Loan: No      |
| Petrobras Global Finance BV                                   | Petrobras Global Finance BV                                                               | CUSIP: 71647NBL2<br>LEI: 549300FNENFFSMO3GT38 | Long             | DBT              | CORP              | NL        |     270000 | PA      | $267806.25    | 0.01%             | 2035-01-13      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31403MRY7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        818 | PA      | $848.07       | 0.00%             | 2033-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31389CQY8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       1158 | PA      | $1197.38      | 0.00%             | 2032-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FirstKey Homes Trust                                          | FirstKey Homes Trust, Series 2021-SFR2, Class G                                           | CUSIP: 33767TAS9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1000000 | PA      | $984532.00    | 0.02%             | 2038-09-17      | Fixed         | 3.41%                 | Yes           |                  2 | On Loan: No      |
| Banco Bradesco SA                                             | Banco Bradesco SA                                                                         | CUSIP: 05947LBB3<br>LEI: 549300CTUU1RFXHQJE44 | Long             | DBT              | CORP              | KY        |     700000 | PA      | $724010.00    | 0.01%             | 2030-01-22      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| JW Commercial Mortgage Trust                                  | JW Commercial Mortgage Trust, Series 2024-MRCO, Class B                                   | CUSIP: 46657XAC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     885000 | PA      | $886249.62    | 0.02%             | 2039-06-15      | Floating      | 5.61%                 | Yes           |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                                     | Towd Point Mortgage Trust, Series 2025-HE2, Class A1A                                     | CUSIP: 89183PAA4<br>LEI: 254900HCCXAYNB40M417 | Long             | ABS-O            | CORP              | US        |    5292036 | PA      | $5297841.43   | 0.11%             | 2065-09-25      | Floating      | 5.01%                 | Yes           |                  2 | On Loan: No      |
| Jyske Realkredit A/S                                          | Jyske Realkredit A/S, Series CCE                                                          | CUSIP: N/A<br>LEI: 529900R9HQNZRT2OXB26       | Long             | DBT              | CORP              | DK        |   27599511 | PA      | $4025681.44   | 0.08%             | 2056-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| J.P. Morgan Chase Commercial Mortgage Securities Trust        | J.P. Morgan Chase Commercial Mortgage Securities Trust, Series 2016-JP4, Class XA         | CUSIP: 46645UAV9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3287503 | PA      | $4082.09      | 0.00%             | 2049-12-15      | Variable      | 0.52%                 | No            |                  2 | On Loan: No      |
| Hungary                                                       | Hungary Government Bond                                                                   | CUSIP: N/A<br>LEI: 5299003F3UFKGCCMAP43       | Long             | DBT              | NUSS              | HU        |  957000000 | PA      | $1811361.01   | 0.04%             | 2041-04-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31389S6V1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       1615 | PA      | $1669.99      | 0.00%             | 2031-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                                  | Oracle Corp.                                                                              | CUSIP: 68389XCA1<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    5791000 | PA      | $3671913.04   | 0.07%             | 2051-03-25      | Fixed         | 3.95%                 | No            |                  2 | On Loan: —       |
| Banco Mercantil del Norte SA                                  | Banco Mercantil del Norte SA                                                              | CUSIP: 05971PAD0<br>LEI: 549300QTVYRPFHS0J362 | Long             | DBT              | CORP              | MX        |     391000 | PA      | $402241.25    | 0.01%             | 2031-05-20      | Variable      | 8.38%                 | Yes           |                  2 | On Loan: —       |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31382M2C7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       2832 | PA      | $2928.77      | 0.00%             | 2029-03-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31387QU81<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        419 | PA      | $440.54       | 0.00%             | 2031-08-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Delta Air Lines, Inc.                                         | Delta Air Lines, Inc.                                                                     | CUSIP: 830867AB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   19438848 | PA      | $19417737.89  | 0.39%             | 2028-10-20      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                           | NDIRS                                                                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |   30000000 | PA      | $5817.87      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FHLMC Seasoned Credit Risk Transfer Trust                     | FHLMC Seasoned Credit Risk Transfer Trust, Series 2018-3, Class HT                        | CUSIP: 35563PGA1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     563486 | PA      | $489456.46    | 0.01%             | 2057-08-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Digicel International Finance Ltd.                            | Digicel International Finance Ltd.                                                        | CUSIP: 25381MAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     577000 | PA      | $587545.25    | 0.01%             | 2032-08-01      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| Lebanese Republic                                             | Lebanon Government Bond                                                                   | CUSIP: N/A<br>LEI: 529900QPC4K9S1KHL354       | Long             | DBT              | NUSS              | LB        |    7000000 | PA      | $1698550.00   | 0.03%             | 2028-03-20      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31389TWW8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        794 | PA      | $824.01       | 0.00%             | 2032-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| JBS NV                                                        | JBS NV                                                                                    | CUSIP: 46590XAY2<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |     650000 | PA      | $671362.44    | 0.01%             | 2033-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| United States of America                                      | U.S. Treasury Notes                                                                       | CUSIP: 91282CNC1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  167805000 | PA      | $167388764.73 | 3.39%             | 2035-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| FS Commercial Mortgage Trust                                  | FS Commercial Mortgage Trust, Series 2023-4SZN, Class A                                   | CUSIP: 30334RAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1775000 | PA      | $1792493.69   | 0.04%             | 2039-11-10      | Fixed         | 7.07%                 | Yes           |                  2 | On Loan: No      |
| Panther Escrow Issuer LLC                                     | Panther Escrow Issuer LLC                                                                 | CUSIP: 69867RAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   10316000 | PA      | $10355861.02  | 0.21%             | 2031-06-01      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| PetSmart LLC                                                  | PetSmart LLC                                                                              | CUSIP: 71677KAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    9733000 | PA      | $9787650.80   | 0.20%             | 2032-09-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: —       |
| NESCO Holdings II, Inc.                                       | NESCO Holdings II, Inc.                                                                   | CUSIP: 64083YAA9<br>LEI: 254900FAHT0HW9T6L409 | Long             | DBT              | CORP              | US        |    9275000 | PA      | $9079327.18   | 0.18%             | 2029-04-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: —       |
| Republic of Kenya                                             | Kenya Government Bond                                                                     | CUSIP: N/A<br>LEI: 549300VVURQQYU45PR87       | Long             | DBT              | NUSS              | KE        |     452000 | PA      | $419991.54    | 0.01%             | 2033-10-09      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-456.79      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Toucan FinCo Ltd.                                             | Toucan FinCo Ltd.                                                                         | CUSIP: 89157UAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    6787000 | PA      | $6001908.35   | 0.12%             | 2030-05-15      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: —       |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31379FP81<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        685 | PA      | $708.08       | 0.00%             | 2028-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-23348.23    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Nykredit Realkredit A/S                                       | Nykredit Realkredit A/S, Series 01e                                                       | CUSIP: N/A<br>LEI: LIU16F6VZJSD6UKHD557       | Long             | DBT              | CORP              | DK        |  120608593 | PA      | $17839035.44  | 0.36%             | 2053-04-01      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| Hyundai Capital America                                       | Hyundai Capital America                                                                   | CUSIP: 44891AEE3<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |   10858000 | PA      | $10669153.21  | 0.22%             | 2031-01-08      | Fixed         | 4.55%                 | Yes           |                  2 | On Loan: No      |
| Romania                                                       | Romania Government Bond                                                                   | CUSIP: N/A<br>LEI: 315700IASY927EDWBK92       | Long             | DBT              | NUSS              | RO        |     944000 | PA      | $948649.58    | 0.02%             | 2034-02-07      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| Madison Park Funding LV Ltd.                                  | Madison Park Funding LV Ltd., Series 2022-55A, Class D1R                                  | CUSIP: 55819FAY7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    1500000 | PA      | $1424877.00   | 0.03%             | 2037-07-18      | Floating      | 6.82%                 | Yes           |                  2 | On Loan: No      |
| Hungary                                                       | Hungary Government Bond                                                                   | CUSIP: N/A<br>LEI: 5299003F3UFKGCCMAP43       | Long             | DBT              | NUSS              | HU        |  151220000 | PA      | $305504.29    | 0.01%             | 2038-10-27      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Ajax Mortgage Loan Trust                                      | Ajax Mortgage Loan Trust, Series 2020-B, Class A1                                         | CUSIP: 00969YAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     796877 | PA      | $761809.66    | 0.02%             | 2059-05-25      | Variable      | 1.70%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31391BWM5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       6607 | PA      | $6893.15      | 0.00%             | 2032-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Romania                                                       | Romania Government Bond                                                                   | CUSIP: N/A<br>LEI: 315700IASY927EDWBK92       | Long             | DBT              | NUSS              | RO        |    1000000 | PA      | $221211.07    | 0.00%             | 2032-02-25      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| United States of America                                      | U.S. Treasury Notes                                                                       | CUSIP: 91282CDY4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  257657000 | PA      | $228534714.66 | 4.63%             | 2032-02-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| OneMain Financial Issuance Trust                              | OneMain Financial Issuance Trust, Series 2019-2A, Class C                                 | CUSIP: 68269BAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3305000 | PA      | $3197147.27   | 0.06%             | 2036-10-14      | Fixed         | 3.66%                 | Yes           |                  2 | On Loan: No      |
| Eldridge CLO Ltd.                                             | Eldridge CLO Ltd., Series 2026-3A, Class D1A                                              | CUSIP: 28473CAJ1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    4000000 | PA      | $3967552.00   | 0.08%             | 2038-03-31      | Floating      | 6.67%                 | Yes           |                  2 | On Loan: No      |
| Sunoco LP                                                     | Sunoco LP                                                                                 | CUSIP: 86765KAE9<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |    9445000 | PA      | $9650768.77   | 0.20%             | 2030-09-18      | Variable      | 7.88%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31390UYK6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |         74 | PA      | $73.81        | 0.00%             | 2032-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| TX Trust                                                      | TX Trust, Series 2024-HOU, Class D                                                        | CUSIP: 90216DAG7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2400000 | PA      | $2410618.80   | 0.05%             | 2039-06-15      | Floating      | 6.91%                 | Yes           |                  2 | On Loan: No      |
| United States of America                                      | U.S. Treasury Bonds                                                                       | CUSIP: 912810SN9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    5308000 | PA      | $2520677.96   | 0.05%             | 2050-05-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31385H7A4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        693 | PA      | $717.36       | 0.00%             | 2032-03-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-287578.86   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31382X5S5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        436 | PA      | $451.26       | 0.00%             | 2029-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31379SBM7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        464 | PA      | $486.90       | 0.00%             | 2028-05-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Reworld Holding Corp.                                         | Reworld Holding Corp.                                                                     | CUSIP: 22303XAA3<br>LEI: 40XIFLS8XDQGGHGPGC04 | Long             | DBT              | CORP              | US        |    9789000 | PA      | $9186104.30   | 0.19%             | 2029-12-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: —       |
| FHLMC                                                         | FHLMC Gold Pool, Other                                                                    | CUSIP: 31286DFX4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      12808 | PA      | $13234.61     | 0.00%             | 2037-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GNMA                                                          | GNMA II, Single Family, 30 Year                                                           | CUSIP: 3617JUST9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     127830 | PA      | $120781.34    | 0.00%             | 2049-11-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Falcon Aerospace Ltd.                                         | Falcon Aerospace Ltd., Series 2019-1, Class A                                             | CUSIP: 30610GAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    1401212 | PA      | $1395861.00   | 0.03%             | 2039-09-15      | Fixed         | 3.60%                 | Yes           |                  2 | On Loan: No      |
| GNMA                                                          | GNMA II, Single Family, 30 Year                                                           | CUSIP: 3617JKEK5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      21809 | PA      | $21385.62     | 0.00%             | 2049-04-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Royal Bank of Canada                                          | Royal Bank of Canada                                                                      | CUSIP: 78017DAH1<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    5038000 | PA      | $5093760.89   | 0.10%             | 2031-05-02      | Variable      | 4.97%                 | No            |                  2 | On Loan: —       |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31382YSQ2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       3433 | PA      | $3549.87      | 0.00%             | 2029-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Subway Funding LLC                                            | Subway Funding LLC, Series 2024-3A, Class A2II                                            | CUSIP: 864300AJ7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    5429275 | PA      | $5362277.20   | 0.11%             | 2054-07-30      | Fixed         | 5.57%                 | Yes           |                  2 | On Loan: No      |
| Federal Democratic Republic of Ethiopia                       | Ethiopia Government Bond                                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | NUSS              | ET        |    1850000 | PA      | $1895140.00   | 0.04%             | 2024-12-11      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| Arab Republic of Egypt                                        | Egypt Treasury Bill                                                                       | CUSIP: N/A<br>LEI: 529900GFIVH4086NMH82       | Long             | STIV             | NUSS              | EG        |    1450000 | PA      | $24643.98     | 0.00%             | 2026-08-04      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                           | NDIRS                                                                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |  624200000 | PA      | $-5139.03     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Arab Republic of Egypt                                        | Egypt Treasury Bill                                                                       | CUSIP: N/A<br>LEI: 529900GFIVH4086NMH82       | Long             | STIV             | NUSS              | EG        |   16825000 | PA      | $278444.32    | 0.01%             | 2026-09-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ACM Auto Trust                                                | ACM Auto Trust, Series 2025-1A, Class A                                                   | CUSIP: 00161EAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1042492 | PA      | $1042475.46   | 0.02%             | 2029-06-20      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-15668.70    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Rede D'or Finance SARL                                        | Rede D'or Finance SARL                                                                    | CUSIP: N/A<br>LEI: 549300FDE772OLJUCP79       | Long             | DBT              | CORP              | LU        |     760000 | PA      | $726210.63    | 0.01%             | 2030-01-22      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| FHLMC                                                         | FHLMC, REMIC, Series 5443, Class FA                                                       | CUSIP: 3137HDXH8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    5051820 | PA      | $5086957.00   | 0.10%             | 2054-08-25      | Floating      | 4.86%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | FNMA, REMIC, Series 2003-71, Class TA                                                     | CUSIP: 31393EJT7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      46201 | PA      | $48258.44     | 0.00%             | 2032-09-25      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $84000.22     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                           | U.S. Treasury 10 Year Notes                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       1985 | NC      | $-3790643.22  | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-14163.99    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31385HNZ1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       1819 | PA      | $1910.95      | 0.00%             | 2031-06-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| BFLD Trust                                                    | BFLD Trust, Series 2025-FPM, Class B                                                      | CUSIP: 05556HAC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    8008000 | PA      | $8063927.87   | 0.16%             | 2040-10-10      | Variable      | 5.22%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31391CQK4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        134 | PA      | $139.16       | 0.00%             | 2032-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| LPL Holdings, Inc.                                            | LPL Holdings, Inc.                                                                        | CUSIP: 50212YAD6<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |    4285000 | PA      | $4164044.82   | 0.08%             | 2029-03-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| FHLMC                                                         | FHLMC, REMIC, Series 5397, Class AF                                                       | CUSIP: 3137HCEA6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    8476117 | PA      | $8510558.31   | 0.17%             | 2054-04-25      | Floating      | 4.71%                 | No            |                  2 | On Loan: No      |
| Aqua Finance Trust                                            | Aqua Finance Trust, Series 2019-A, Class B                                                | CUSIP: 038370AB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     336896 | PA      | $329000.64    | 0.01%             | 2040-07-16      | Fixed         | 3.47%                 | Yes           |                  2 | On Loan: No      |
| New Mountain CLO 3 Ltd.                                       | New Mountain CLO 3 Ltd., Series CLO-3A, Class D1R                                         | CUSIP: 647550AY8<br>LEI: 549300CEYMYPINCEX579 | Long             | ABS-CBDO         | CORP              | KY        |    3000000 | PA      | $2980860.00   | 0.06%             | 2038-10-20      | Floating      | 6.62%                 | Yes           |                  2 | On Loan: No      |
| United States of America                                      | U.S. Treasury Notes                                                                       | CUSIP: 91282CHC8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    1118000 | PA      | $1065200.71   | 0.02%             | 2033-05-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Ally Bank Auto Credit-Linked Notes                            | Ally Bank Auto Credit-Linked Notes, Series 2024-B, Class B                                | CUSIP: 02007G4C4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     845458 | PA      | $851253.27    | 0.02%             | 2032-09-15      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Clear Channel Outdoor Holdings, Inc.                          | Clear Channel Outdoor Holdings, Inc.                                                      | CUSIP: 18453HAF3<br>LEI: 254900XBEE6V1ENYS150 | Long             | DBT              | CORP              | US        |    7779000 | PA      | $8146231.03   | 0.16%             | 2030-04-01      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| HTA Group Ltd.                                                | HTA Group Ltd.                                                                            | CUSIP: N/A<br>LEI: 213800WEFU8O8X6EPU13       | Long             | DBT              | CORP              | MU        |     650000 | PA      | $662265.03    | 0.01%             | 2029-06-04      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                           | NDIRS                                                                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        | 2500000000 | PA      | $2124.14      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| United Bank for Africa plc                                    | United Bank for Africa plc                                                                | CUSIP: N/A<br>LEI: 0292002067E3RH4D8768       | Long             | DBT              | CORP              | NG        |     420000 | PA      | $419349.00    | 0.01%             | 2026-11-19      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Suriname Government International Bond                        | Suriname Government Bond                                                                  | CUSIP: 86886PAE2<br>LEI: 254900SYU4G5JM13TN77 | Long             | DBT              | NUSS              | SR        |     400000 | PA      | $405500.00    | 0.01%             | 2030-11-06      | Fixed         | 7.70%                 | Yes           |                  2 | On Loan: No      |
| Bolivarian Republic of Venezuela                              | Venezuela Government Bond                                                                 | CUSIP: N/A<br>LEI: 529900XM8PJTJK5OJI77       | Long             | DBT              | NUSS              | VE        |      20000 | PA      | $7800.00      | 0.00%             | 2018-12-01      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| PRMI Securitization Trust                                     | PRMI Securitization Trust, Series 2025-CMG1, Class A1                                     | CUSIP: 74291CAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   13420596 | PA      | $13443844.27  | 0.27%             | 2055-12-25      | Floating      | 5.17%                 | Yes           |                  2 | On Loan: No      |
| YPF SA                                                        | YPF SA                                                                                    | CUSIP: N/A<br>LEI: 5493003N7447U18U5U53       | Long             | DBT              | NUSS              | AR        |     108385 | PA      | $110676.28    | 0.00%             | 2034-01-17      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| Ecopetrol SA                                                  | Ecopetrol SA                                                                              | CUSIP: 279158AS8<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | NUSS              | CO        |     550000 | PA      | $579365.69    | 0.01%             | 2033-01-13      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Yinson Boronia Production BV                                  | Yinson Boronia Production BV                                                              | CUSIP: N/A<br>LEI: 5493007X12FTT746N678       | Long             | DBT              | CORP              | NL        |     680022 | PA      | $742271.21    | 0.02%             | 2042-07-31      | Fixed         | 8.95%                 | Yes           |                  2 | On Loan: No      |
| PRM5 Trust                                                    | PRM5 Trust, Series 2025-PRM5, Class D                                                     | CUSIP: 693980AG9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1150000 | PA      | $1141592.58   | 0.02%             | 2033-03-10      | Variable      | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Reach ABS Trust                                               | Reach ABS Trust, Series 2026-1A, Class C                                                  | CUSIP: 75526XAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    8500000 | PA      | $8447218.40   | 0.17%             | 2033-02-15      | Fixed         | 4.80%                 | Yes           |                  2 | On Loan: No      |
| PNMAC GMSR Issuer Trust                                       | PNMAC GMSR Issuer Trust, Series 2025-GT1, Class A                                         | CUSIP: 69354WAK2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    8235000 | PA      | $8256821.10   | 0.17%             | 2030-08-26      | Floating      | 6.13%                 | Yes           |                  2 | On Loan: No      |
| CI Financial Corp.                                            | CI Financial Corp.                                                                        | CUSIP: 125491AT7<br>LEI: 549300M9W7JJQSVCEM78 | Long             | DBT              | CORP              | CA        |   22251000 | PA      | $23361981.30  | 0.47%             | 2029-05-30      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| Bryant Park Funding Ltd.                                      | Bryant Park Funding Ltd., Series 2023-19A, Class D1R                                      | CUSIP: 11765AAY5<br>LEI: 5493004CTFWJSWYD8564 | Long             | ABS-CBDO         | CORP              | KY        |    3000000 | PA      | $2858427.00   | 0.06%             | 2038-04-15      | Floating      | 6.47%                 | Yes           |                  2 | On Loan: No      |
| FHLMC Seasoned Credit Risk Transfer Trust                     | FHLMC Seasoned Credit Risk Transfer Trust, Series 2019-3, Class M                         | CUSIP: 35563PLU1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     892674 | PA      | $879371.50    | 0.02%             | 2058-10-25      | Variable      | 4.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-1249.25     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Raizen Fuels Finance SA                                       | Raizen Fuels Finance SA                                                                   | CUSIP: N/A<br>LEI: 52990010NH26VC32Q522       | Long             | DBT              | CORP              | LU        |     400000 | PA      | $216250.00    | 0.00%             | 2037-02-25      | Fixed         | 6.70%                 | Yes           |                  2 | On Loan: No      |
| STAR Trust                                                    | STAR Trust, Series 2025-SFR5, Class A                                                     | CUSIP: 85520CAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    7030721 | PA      | $7032446.29   | 0.14%             | 2042-02-17      | Floating      | 5.13%                 | Yes           |                  2 | On Loan: No      |
| United States of America                                      | U.S. Treasury Bonds                                                                       | CUSIP: 912810SR0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   50143000 | PA      | $31603801.10  | 0.64%             | 2040-05-15      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| Research-Driven Pagaya Motor Trust                            | Research-Driven Pagaya Motor Trust, Series 2025-6A, Class A3                              | CUSIP: 76100JAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    7850000 | PA      | $7846965.19   | 0.16%             | 2034-08-25      | Fixed         | 5.01%                 | Yes           |                  2 | On Loan: No      |
| STAR Trust                                                    | STAR Trust, Series 2026-SFR7, Class A                                                     | CUSIP: 85520GAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    6170000 | PA      | $6182566.03   | 0.13%             | 2043-05-17      | Floating      | 5.16%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31391YW37<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       1599 | PA      | $1654.64      | 0.00%             | 2032-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| GNMA                                                          | GNMA, Series 2011-19, Class IM                                                            | CUSIP: 38377TZF1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      53320 | PA      | $10236.53     | 0.00%             | 2041-02-16      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ORL Trust                                                     | ORL Trust, Series 2024-GLKS, Class B                                                      | CUSIP: 67120DAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    6260000 | PA      | $6273649.30   | 0.13%             | 2039-12-15      | Floating      | 5.56%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31387BZ63<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        665 | PA      | $688.05       | 0.00%             | 2031-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Cerdia Finanz GmbH                                            | Cerdia Finanz GmbH                                                                        | CUSIP: 15679GAC6<br>LEI: 391200KURNDJSX9GX570 | Long             | DBT              | CORP              | DE        |    7314000 | PA      | $7281306.42   | 0.15%             | 2031-10-03      | Fixed         | 9.38%                 | Yes           |                  2 | On Loan: —       |
| Boeing Co. (The)                                              | Boeing Co. (The)                                                                          | CUSIP: 097023CX1<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    3762000 | PA      | $3614205.17   | 0.07%             | 2060-05-01      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| Province of Santa Fe                                          | Province of Santa Fe                                                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | NUSS              | AR        |      49000 | PA      | $46821.95     | 0.00%             | 2034-12-11      | Fixed         | 8.10%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $8349.47      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31402CQQ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        559 | PA      | $578.45       | 0.00%             | 2033-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Central American Bottling Corp.                               | Central American Bottling Corp.                                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | VG        |     610000 | PA      | $594032.64    | 0.01%             | 2029-04-27      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Arab Republic of Egypt                                        | Egypt Treasury Bill                                                                       | CUSIP: N/A<br>LEI: 529900GFIVH4086NMH82       | Long             | STIV             | NUSS              | EG        |    2100000 | PA      | $32277.71     | 0.00%             | 2027-01-19      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| HLTN Commercial Mortgage Trust                                | HLTN Commercial Mortgage Trust, Series 2024-DPLO, Class C                                 | CUSIP: 40424UAE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     232394 | PA      | $232812.52    | 0.00%             | 2041-06-15      | Floating      | 6.21%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31390QGN9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        489 | PA      | $505.78       | 0.00%             | 2032-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Charter Communications Operating LLC                          | Charter Communications Operating LLC                                                      | CUSIP: 161175CR3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     586000 | PA      | $608706.53    | 0.01%             | 2034-06-01      | Fixed         | 6.55%                 | No            |                  2 | On Loan: —       |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-1887.05     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                                      | U.S. Treasury Bonds                                                                       | CUSIP: 912810RP5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     189000 | PA      | $142923.87    | 0.00%             | 2045-11-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Extended Stay America Trust                                   | Extended Stay America Trust, Series 2025-ESH, Class D                                     | CUSIP: 30227TAG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   16320000 | PA      | $16380844.22  | 0.33%             | 2042-10-15      | Floating      | 6.27%                 | Yes           |                  2 | On Loan: No      |
| NRM FNT1 Excess LLC                                           | NRM FNT1 Excess LLC, Series 2024-FNT1, Class A                                            | CUSIP: 62956YAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2041225 | PA      | $2052551.48   | 0.04%             | 2031-11-25      | Variable      | 7.40%                 | Yes           |                  2 | On Loan: No      |
| Enact Holdings, Inc.                                          | Enact Holdings, Inc.                                                                      | CUSIP: 29249EAA7<br>LEI: 9845003CA5664B741N19 | Long             | DBT              | CORP              | US        |    8822000 | PA      | $9083362.07   | 0.18%             | 2029-05-28      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Research-Driven Pagaya Motor Asset Trust                      | Research-Driven Pagaya Motor Asset Trust, Series 2025-1A, Class B                         | CUSIP: 76089YAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3710864 | PA      | $3722821.42   | 0.08%             | 2033-06-27      | Fixed         | 5.49%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31384V2H4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        109 | PA      | $113.03       | 0.00%             | 2029-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-4237.91     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Romania                                                       | Romanian Government Bond                                                                  | CUSIP: N/A<br>LEI: 315700IASY927EDWBK92       | Long             | DBT              | NUSS              | RO        |     440000 | PA      | $401474.68    | 0.01%             | 2033-04-14      | Fixed         | 2.00%                 | Yes           |                  2 | On Loan: No      |
| Allied Universal Holdco LLC                                   | Allied Universal Holdco LLC                                                               | CUSIP: 019576AD9<br>LEI: 98450038B4549046D794 | Long             | DBT              | CORP              | US        |    9448000 | PA      | $9749249.48   | 0.20%             | 2031-02-15      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| Sixth Street CLO XV Ltd.                                      | Sixth Street CLO XV Ltd., Series 2020-15A, Class D1R                                      | CUSIP: 83012BAJ6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     750000 | PA      | $738336.75    | 0.01%             | 2037-10-24      | Floating      | 6.82%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                          | FNMA, REMIC, Series 2025-75, Class FA                                                     | CUSIP: 3136BXHG2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    7530977 | PA      | $7551588.56   | 0.15%             | 2055-09-25      | Floating      | 4.71%                 | No            |                  2 | On Loan: No      |
| Orion CLO Ltd.                                                | Orion CLO Ltd., Series 2026-7A, Class D1                                                  | CUSIP: 68628HAJ0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    3000000 | PA      | $2992968.00   | 0.06%             | 2039-04-20      | Floating      | 6.51%                 | Yes           |                  2 | On Loan: No      |
| GNMA                                                          | GNMA, Series 2025-188, Class FH                                                           | CUSIP: 38385JRV7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    6535433 | PA      | $6546879.62   | 0.13%             | 2054-08-20      | Floating      | 4.67%                 | No            |                  2 | On Loan: No      |
| Charter Communications Operating LLC                          | Charter Communications Operating LLC                                                      | CUSIP: 161175BT0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   10100000 | PA      | $7472560.75   | 0.15%             | 2050-03-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| NJ                                                            | NJ, Series 2025-WBRK, Class C                                                             | CUSIP: 65486BAG6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3110000 | PA      | $3134921.99   | 0.06%             | 2035-03-05      | Variable      | 6.08%                 | Yes           |                  2 | On Loan: No      |
| Blue Owl Credit Income Corp.                                  | Blue Owl Credit Income Corp.                                                              | CUSIP: 69120VAZ4<br>LEI: 5493003I42XBWPE05N35 | Long             | DBT              | CORP              | US        |    1194000 | PA      | $1178480.21   | 0.02%             | 2031-03-15      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| FIGRE Trust                                                   | FIGRE Trust, Series 2025-FL2, Class A1                                                    | CUSIP: 31684TAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   10403502 | PA      | $10377331.00  | 0.21%             | 2055-11-25      | Variable      | 5.05%                 | Yes           |                  2 | On Loan: No      |
| Hungary                                                       | Hungary Government Bond                                                                   | CUSIP: N/A<br>LEI: 5299003F3UFKGCCMAP43       | Long             | DBT              | NUSS              | HU        |   22260000 | PA      | $42132.60     | 0.00%             | 2041-04-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                         | FHLMC, REMIC, Series 5461, Class FA                                                       | CUSIP: 3137HFW84<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   14213498 | PA      | $14245561.05  | 0.29%             | 2054-10-25      | Floating      | 4.61%                 | No            |                  2 | On Loan: No      |
| Cleveland-Cliffs, Inc.                                        | Cleveland-Cliffs, Inc.                                                                    | CUSIP: 185899AR2<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |    9830000 | PA      | $9624455.49   | 0.19%             | 2033-05-01      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: —       |
| Brookfield Finance, Inc.                                      | Brookfield Finance, Inc.                                                                  | CUSIP: 11271LAN2<br>LEI: 549300XH8D8K6OYWGD17 | Long             | DBT              | CORP              | CA        |    9534000 | PA      | $9136546.61   | 0.18%             | 2055-01-15      | Variable      | 6.30%                 | No            |                  2 | On Loan: No      |
| Samarco Mineracao SA                                          | Samarco Mineracao SA                                                                      | CUSIP: N/A<br>LEI: 529900U8HKV15GJC4O60       | Long             | DBT              | CORP              | BR        |    1851000 | PA      | $1822368.55   | 0.04%             | 2031-06-30      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| Wendy's Funding LLC                                           | Wendy's Funding LLC, Series 2018-1A, Class A2II                                           | CUSIP: 95058XAE8<br>LEI: 5493009DRVSTWJOXUL48 | Long             | ABS-O            | CORP              | US        |    1834389 | PA      | $1801499.80   | 0.04%             | 2048-03-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| FHLMC                                                         | FHLMC, REMIC, Series 5438, Class FE                                                       | CUSIP: 3137HFDN2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    3668064 | PA      | $3690859.27   | 0.07%             | 2054-08-25      | Floating      | 4.96%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                         | FHLMC, Multifamily Structured Pass-Through Certificates, Series K126, Class X3            | CUSIP: 3137FXYY8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   17200000 | PA      | $1862185.49   | 0.04%             | 2049-01-25      | Variable      | 2.63%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | FNMA, REMIC, Series 2024-95, Class FA                                                     | CUSIP: 3136BTP31<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    6883308 | PA      | $6927560.11   | 0.14%             | 2054-12-25      | Floating      | 5.16%                 | No            |                  2 | On Loan: No      |
| Subway Funding LLC                                            | Subway Funding LLC, Series 2024-3A, Class A2I                                             | CUSIP: 864300AG3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    5551193 | PA      | $5489203.14   | 0.11%             | 2054-07-30      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Saluda Grade Alternative Mortgage Trust                       | Saluda Grade Alternative Mortgage Trust, Series 2025-LOC5, Class A1A                      | CUSIP: 79581XAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   14582474 | PA      | $14661533.38  | 0.30%             | 2055-10-25      | Floating      | 5.28%                 | Yes           |                  2 | On Loan: No      |
| Abry Liquid Credit CLO Ltd.                                   | Abry Liquid Credit CLO Ltd., Series 2025-1A, Class D                                      | CUSIP: 00383LAJ9<br>LEI: 254900B1K4HLAH4DXD74 | Long             | ABS-CBDO         | CORP              | KY        |    3000000 | PA      | $2974965.00   | 0.06%             | 2038-10-20      | Floating      | 7.07%                 | Yes           |                  2 | On Loan: No      |
| Bolivarian Republic of Venezuela                              | Venezuela Government Bond                                                                 | CUSIP: N/A<br>LEI: 529900XM8PJTJK5OJI77       | Long             | DBT              | NUSS              | VE        |      12000 | PA      | $6210.00      | 0.00%             | 2026-10-21      | Fixed         | 11.75%                | Yes           |                  2 | On Loan: No      |
| Marlette Funding Trust                                        | Marlette Funding Trust, Series 2025-1A, Class C                                           | CUSIP: 570920AC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3504000 | PA      | $3508307.47   | 0.07%             | 2035-07-16      | Fixed         | 5.26%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                           | NDIRS                                                                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |   23000000 | PA      | $-5007.69     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GNMA                                                          | GNMA, Series 2024-131, Class FE                                                           | CUSIP: 38384U7A1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    6172481 | PA      | $6179121.00   | 0.13%             | 2054-08-20      | Floating      | 4.67%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                         | FHLMC Gold Pool, Other                                                                    | CUSIP: 31286DPP0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       8170 | PA      | $8414.27      | 0.00%             | 2037-08-01      | Fixed         | 5.46%                 | No            |                  2 | On Loan: No      |
| GNMA                                                          | GNMA II, Other                                                                            | CUSIP: 36179USL7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      83251 | PA      | $80530.62     | 0.00%             | 2049-05-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FOCUS Brands Funding LLC                                      | FOCUS Brands Funding LLC, Series 2017-1A, Class A2II                                      | CUSIP: 34417MAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    9331225 | PA      | $9289501.36   | 0.19%             | 2047-04-30      | Fixed         | 5.09%                 | Yes           |                  2 | On Loan: No      |
| African Export-Import Bank (The)                              | African Export-Import Bank (The)                                                          | CUSIP: N/A<br>LEI: 21380068LJCDYA42GJ76       | Long             | DBT              | NUSS              | US        |     590000 | PA      | $550201.95    | 0.01%             | 2029-09-21      | Fixed         | 3.99%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                           | Euro-Bobl                                                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | DE        |        -11 | NC      | $18266.83     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| GNMA                                                          | GNMA II, Other                                                                            | CUSIP: 36179UVZ2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      38395 | PA      | $37140.83     | 0.00%             | 2049-07-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Orbia Advance Corp. SAB de CV                                 | Orbia Advance Corp. SAB de CV                                                             | CUSIP: N/A<br>LEI: 549300MVHZ20SBIOEQ79       | Long             | DBT              | CORP              | MX        |     410000 | PA      | $391280.28    | 0.01%             | 2035-05-13      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| United States of America                                      | U.S. Treasury Notes                                                                       | CUSIP: 91282CDP3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     270000 | PA      | $252929.88    | 0.01%             | 2028-12-31      | Fixed         | 1.38%                 | No            |                  2 | On Loan: —       |
| Gabonese Republic                                             | Gabon Government Bond                                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | NUSS              | GA        |     507000 | PA      | $476859.67    | 0.01%             | 2029-02-18      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                           | Citigroup Commercial Mortgage Trust, Series 2015-GC35, Class XA                           | CUSIP: 17324KAV0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     499657 | PA      | $5.00         | 0.00%             | 2048-11-10      | Variable      | 0.46%                 | No            |                  2 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-10665.96    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31390ABQ2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       1141 | PA      | $1185.56      | 0.00%             | 2032-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Olympic Tower Mortgage Trust                                  | Olympic Tower Mortgage Trust, Series 2017-OT, Class A                                     | CUSIP: 68162MAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2900000 | PA      | $2780571.33   | 0.06%             | 2039-05-10      | Fixed         | 3.57%                 | Yes           |                  2 | On Loan: No      |
| Willis North America, Inc.                                    | Willis North America, Inc.                                                                | CUSIP: 970648AQ4<br>LEI: 5493004KVU1HWZCP0C66 | Long             | DBT              | CORP              | US        |    4568000 | PA      | $4451365.53   | 0.09%             | 2036-03-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31382W5R9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        349 | PA      | $360.56       | 0.00%             | 2029-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31418FED5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   57491406 | PA      | $57864344.03  | 1.17%             | 2054-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Republic of Colombia                                          | Colombian TES                                                                             | CUSIP: N/A<br>LEI: 549300MHDRBVRF6B9117       | Long             | DBT              | NUSS              | CO        | 1442500000 | PA      | $302919.41    | 0.01%             | 2031-03-26      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Bolivarian Republic of Venezuela                              | Venezuela Government Bond                                                                 | CUSIP: N/A<br>LEI: 529900XM8PJTJK5OJI77       | Long             | DBT              | NUSS              | VE        |     194000 | PA      | $87785.00     | 0.00%             | 2023-05-07      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| Ukraine                                                       | Ukraine Government Bond                                                                   | CUSIP: N/A<br>LEI: 6354001WLTJXOMEXPY07       | Long             | DBT              | NUSS              | UA        |    2100000 | PA      | $1106266.77   | 0.02%             | 2035-02-01      | Variable      | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Phantom Aviation                                              | Phantom Aviation, Series 2026-1A, Class A                                                 | CUSIP: 71711GAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   11146689 | PA      | $10956107.59  | 0.22%             | 2051-01-15      | Fixed         | 5.24%                 | Yes           |                  2 | On Loan: No      |
| Vistra Operations Co. LLC                                     | Vistra Operations Co. LLC                                                                 | CUSIP: 92840VAU6<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   10909000 | PA      | $10983104.84  | 0.22%             | 2034-12-30      | Fixed         | 5.70%                 | Yes           |                  2 | On Loan: No      |
| United States of America                                      | U.S. Treasury Bonds                                                                       | CUSIP: 912810RN0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  398894000 | PA      | $296287868.58 | 6.00%             | 2045-08-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| FNMA or FHLMC                                                 | UMBS, Single Family, 30 Year                                                              | CUSIP: 01F042640<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   70144175 | PA      | $67656252.30  | 1.37%             | 2056-04-25      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31388CY38<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       1075 | PA      | $1111.20      | 0.00%             | 2031-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 3140QUMT0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    2581822 | PA      | $2598771.52   | 0.05%             | 2054-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Bolivarian Republic of Venezuela                              | Venezuela Government Bond                                                                 | CUSIP: N/A<br>LEI: 529900XM8PJTJK5OJI77       | Long             | DBT              | NUSS              | VE        |     133300 | PA      | $61318.00     | 0.00%             | 2028-05-07      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| INTOWN Mortgage Trust                                         | INTOWN Mortgage Trust, Series 2025-STAY, Class C                                          | CUSIP: 46117WAE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3061000 | PA      | $3061339.77   | 0.06%             | 2042-03-15      | Floating      | 5.92%                 | Yes           |                  2 | On Loan: No      |
| STAR Trust                                                    | STAR Trust, Series 2025-SFR5, Class D                                                     | CUSIP: 85520CAG0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1670000 | PA      | $1667074.66   | 0.03%             | 2042-02-17      | Floating      | 6.13%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31371HHT8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        697 | PA      | $720.36       | 0.00%             | 2029-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31382QXY6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        836 | PA      | $864.09       | 0.00%             | 2029-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Banco Santander SA                                            | Banco Santander SA                                                                        | CUSIP: 05964HBB0<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    8225000 | PA      | $8423820.21   | 0.17%             | 2030-03-14      | Variable      | 5.54%                 | No            |                  2 | On Loan: —       |
| Magnetite XXII Ltd.                                           | Magnetite XXII Ltd., Series 2019-22A, Class DJ                                            | CUSIP: 55954HBE1<br>LEI: 5493000081NBXWGGSW23 | Long             | ABS-CBDO         | CORP              | KY        |     500000 | PA      | $494838.00    | 0.01%             | 2036-07-15      | Floating      | 7.82%                 | Yes           |                  2 | On Loan: No      |
| JOL Air Ltd.                                                  | JOL Air Ltd., Series 2019-1, Class B                                                      | CUSIP: 46651NAB0<br>LEI: 549300TS4MUGCDXPW498 | Long             | ABS-O            | CORP              | KY        |     132141 | PA      | $131737.73    | 0.00%             | 2044-04-15      | Fixed         | 4.95%                 | Yes           |                  2 | On Loan: No      |
| Braskem Netherlands Finance BV                                | Braskem Netherlands Finance BV                                                            | CUSIP: N/A<br>LEI: 2549000TLMHFQ74DS330       | Long             | DBT              | CORP              | NL        |    1191000 | PA      | $555123.42    | 0.01%             | 2030-01-31      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| BOCA Commercial Mortgage Trust                                | BOCA Commercial Mortgage Trust, Series 2025-BOCA, Class A                                 | CUSIP: 05619RAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    7932000 | PA      | $7949992.16   | 0.16%             | 2042-12-15      | Floating      | 5.27%                 | Yes           |                  2 | On Loan: No      |
| MMP Capital LLC                                               | MMP Capital LLC, Series 2025-A, Class B                                                   | CUSIP: 55317QAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3105000 | PA      | $3138283.12   | 0.06%             | 2031-12-15      | Fixed         | 5.72%                 | Yes           |                  2 | On Loan: No      |
| Arab Republic of Egypt                                        | Egypt Treasury Bill                                                                       | CUSIP: N/A<br>LEI: 529900GFIVH4086NMH82       | Long             | STIV             | NUSS              | EG        |  186925000 | PA      | $3360878.66   | 0.07%             | 2026-05-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                         | FHLMC Gold Pool, 30 Year                                                                  | CUSIP: 3128KVBR5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |        692 | PA      | $722.16       | 0.00%             | 2037-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| RCKT Trust                                                    | RCKT Trust, Series 2025-1A, Class C                                                       | CUSIP: 74939RAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2585000 | PA      | $2587199.32   | 0.05%             | 2034-07-25      | Fixed         | 5.16%                 | Yes           |                  2 | On Loan: No      |
| Taco Bell Funding LLC                                         | Taco Bell Funding LLC, Series 2021-1A, Class A2I                                          | CUSIP: 87342RAG9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1630950 | PA      | $1594942.05   | 0.03%             | 2051-08-25      | Fixed         | 1.95%                 | Yes           |                  2 | On Loan: No      |
| Fortitude Group Holdings LLC                                  | Fortitude Group Holdings LLC                                                              | CUSIP: 34966XAA6<br>LEI: 2549006R9ZUL08JFIH12 | Long             | DBT              | CORP              | US        |    5120000 | PA      | $5216818.43   | 0.11%             | 2030-04-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $8744.21      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Arab Republic of Egypt                                        | Egypt Treasury Bill                                                                       | CUSIP: N/A<br>LEI: 529900GFIVH4086NMH82       | Long             | STIV             | NUSS              | EG        |    9175000 | PA      | $161879.45    | 0.00%             | 2026-06-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31386GHL0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       3569 | PA      | $3690.40      | 0.00%             | 2031-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                         | FHLMC, Multifamily Structured Pass-Through Certificates, Series K122, Class X3            | CUSIP: 3137F84K6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    4091469 | PA      | $408772.49    | 0.01%             | 2049-01-25      | Variable      | 2.63%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31383EAP6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       1005 | PA      | $1055.47      | 0.00%             | 2029-06-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31374TNX3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        655 | PA      | $676.94       | 0.00%             | 2029-03-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Extended Stay America Trust                                   | Extended Stay America Trust, Series 2026-ESH2, Class D                                    | CUSIP: 30227WAG8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    7756027 | PA      | $7790793.41   | 0.16%             | 2043-02-15      | Floating      | 5.92%                 | Yes           |                  2 | On Loan: No      |
| BBCMS Mortgage Trust                                          | BBCMS Mortgage Trust, Series 2022-C18, Class XA                                           | CUSIP: 054975AG2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   17841919 | PA      | $574101.20    | 0.01%             | 2055-12-15      | Variable      | 0.48%                 | No            |                  2 | On Loan: No      |
| Golub Capital Partners ABS Funding Ltd.                       | Golub Capital Partners ABS Funding Ltd., Series 2020-1A, Class A2                         | CUSIP: 38177UAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |     710416 | PA      | $687331.42    | 0.01%             | 2029-01-22      | Fixed         | 3.21%                 | Yes           |                  2 | On Loan: No      |
| BX Trust                                                      | BX Trust, Series 2025-GW, Class D                                                         | CUSIP: 12433GAG1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    6658000 | PA      | $6672706.19   | 0.14%             | 2042-07-15      | Floating      | 6.42%                 | Yes           |                  2 | On Loan: No      |
| Focus Financial Partners LLC                                  | Focus Financial Partners LLC                                                              | CUSIP: 34417VAA5<br>LEI: 5493007L0E0VKRC2CP39 | Long             | DBT              | CORP              | US        |    5800000 | PA      | $5765759.29   | 0.12%             | 2031-09-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| United States of America                                      | U.S. Treasury Notes                                                                       | CUSIP: 91282CPZ8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    9691000 | PA      | $9540335.19   | 0.19%             | 2036-02-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: —       |
| ALTDE Trust                                                   | ALTDE Trust, Series 2025-1A, Class A                                                      | CUSIP: 00166NAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    5161599 | PA      | $5203383.87   | 0.11%             | 2050-08-15      | Fixed         | 5.90%                 | Yes           |                  2 | On Loan: No      |
| Nordea Kredit Realkreditaktieselskab                          | Nordea Kredit Realkreditaktieselskab, Series CC.2                                         | CUSIP: N/A<br>LEI: 52990080NNXXLC14OC65       | Long             | DBT              | CORP              | DK        |   14310660 | PA      | $2107721.25   | 0.04%             | 2053-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Arab Republic of Egypt                                        | Egypt Treasury Bill                                                                       | CUSIP: N/A<br>LEI: 529900GFIVH4086NMH82       | Long             | STIV             | NUSS              | EG        |    1125000 | PA      | $19941.89     | 0.00%             | 2026-05-26      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Mosaic Solar Loan Trust                                       | Mosaic Solar Loan Trust, Series 2019-2A, Class B                                          | CUSIP: 61945LAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3986981 | PA      | $3562945.82   | 0.07%             | 2040-09-20      | Fixed         | 3.28%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 3140QUZF6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    3595091 | PA      | $3618692.18   | 0.07%             | 2054-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31371GTH3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       1637 | PA      | $1692.87      | 0.00%             | 2028-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| GCI Funding I LLC                                             | GCI Funding I LLC, Series 2020-1, Class A                                                 | CUSIP: 36166VAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | BM        |     450513 | PA      | $424744.36    | 0.01%             | 2045-10-18      | Fixed         | 2.82%                 | Yes           |                  2 | On Loan: No      |
| PNMAC GMSR Issuer Trust                                       | PNMAC GMSR Issuer Trust, Series 2024-GT1, Class A                                         | CUSIP: 69354WAJ5<br>LEI: 5493007JEN3QN6CZC711 | Long             | ABS-O            | CORP              | US        |    2730000 | PA      | $2738185.09   | 0.06%             | 2029-03-25      | Floating      | 6.88%                 | Yes           |                  2 | On Loan: No      |
| A/S Mileage Plan IP Ltd.                                      | A/S Mileage Plan IP Ltd.                                                                  | CUSIP: 00218QAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    5063000 | PA      | $5013714.02   | 0.10%             | 2029-10-20      | Fixed         | 5.02%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-29424.70    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Republic of Ghana                                             | Ghana Government Bond                                                                     | CUSIP: N/A<br>LEI: 213800PP4399SNNXZ126       | Long             | DBT              | NUSS              | GH        |      25657 | PA      | $25222.89     | 0.00%             | 2026-07-03      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Stellantis Finance US, Inc.                                   | Stellantis Finance US, Inc.                                                               | CUSIP: 85855CAL4<br>LEI: 549300QZ0AI8Q7LNON33 | Long             | DBT              | CORP              | US        |   13710000 | PA      | $13512965.23  | 0.27%             | 2035-03-18      | Fixed         | 6.45%                 | Yes           |                  2 | On Loan: —       |
| Romania                                                       | Romania Government Bond                                                                   | CUSIP: N/A<br>LEI: 315700IASY927EDWBK92       | Long             | DBT              | NUSS              | RO        |     959000 | PA      | $836967.09    | 0.02%             | 2049-04-03      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                          | FNMA, Strips, Series 305, Class 8                                                         | CUSIP: 31364JL43<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       4763 | PA      | $298.93       | 0.00%             | 2029-09-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Oportun Issuance Trust                                        | Oportun Issuance Trust, Series 2025-C, Class B                                            | CUSIP: 68378RAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    5235000 | PA      | $5220791.69   | 0.11%             | 2033-07-08      | Fixed         | 4.93%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31385XJG3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       1710 | PA      | $1772.22      | 0.00%             | 2033-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | FNMA, Strips, Series 305, Class 10                                                        | CUSIP: 31364JL68<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       6577 | PA      | $388.08       | 0.00%             | 2029-12-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Marble Point CLO XXIV Ltd.                                    | Marble Point CLO XXIV Ltd., Series 2022-1A, Class D1R                                     | CUSIP: 56607WBC1<br>LEI: 549300110Z5KVNWF6X83 | Long             | ABS-CBDO         | CORP              | KY        |    1000000 | PA      | $983983.00    | 0.02%             | 2035-04-20      | Floating      | 6.91%                 | Yes           |                  2 | On Loan: No      |
| Masterbrand, Inc.                                             | Masterbrand, Inc.                                                                         | CUSIP: 57638PAA2<br>LEI: 549300E0Y4BR5Z9RDZ64 | Long             | DBT              | CORP              | US        |    9271000 | PA      | $9065770.65   | 0.18%             | 2032-07-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: —       |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31383H2B9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        922 | PA      | $952.95       | 0.00%             | 2029-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                         | FHLMC, REMIC, Series 5499, Class FN                                                       | CUSIP: 3137HJX36<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    3273061 | PA      | $3264495.82   | 0.07%             | 2055-02-25      | Floating      | 4.66%                 | No            |                  2 | On Loan: No      |
| FHLMC Seasoned Credit Risk Transfer Trust                     | FHLMC Seasoned Credit Risk Transfer Trust, Series 2020-1, Class M                         | CUSIP: 35563PPH6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2512725 | PA      | $2435130.73   | 0.05%             | 2059-08-25      | Variable      | 4.25%                 | Yes           |                  2 | On Loan: No      |
| Wand NewCo 3, Inc.                                            | Wand NewCo 3, Inc.                                                                        | CUSIP: 933940AA6<br>LEI: 549300Y3VZEWMSQW8494 | Long             | DBT              | CORP              | US        |    8032000 | PA      | $8216992.78   | 0.17%             | 2032-01-30      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31380HVX2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        361 | PA      | $373.00       | 0.00%             | 2028-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| GNMA                                                          | GNMA II, Single Family, 30 Year                                                           | CUSIP: 3620ARRB9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     190557 | PA      | $180272.80    | 0.00%             | 2040-11-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Raymond James Financial, Inc.                                 | Raymond James Financial, Inc.                                                             | CUSIP: 754730AK5<br>LEI: RGUZHJ05YTITL6D76949 | Long             | DBT              | CORP              | US        |    9551000 | PA      | $9049608.13   | 0.18%             | 2055-09-11      | Fixed         | 5.65%                 | No            |                  2 | On Loan: —       |
| Toronto-Dominion Bank (The)                                   | Toronto-Dominion Bank (The)                                                               | CUSIP: 89117F8Z5<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |   15825000 | PA      | $16335688.58  | 0.33%             | 2082-10-31      | Variable      | 8.12%                 | No            |                  2 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-6903.21     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Republic of Angola                                            | Angola Government Bond                                                                    | CUSIP: N/A<br>LEI: 549300QHR2R3J8JSGK83       | Long             | DBT              | NUSS              | AO        |     640000 | PA      | $633939.26    | 0.01%             | 2033-03-31      | Fixed         | 9.38%                 | Yes           |                  2 | On Loan: No      |
| STAR Trust                                                    | STAR Trust, Series 2024-SFR4, Class D                                                     | CUSIP: 85520AAG4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3095000 | PA      | $3109808.34   | 0.06%             | 2041-10-17      | Floating      | 6.63%                 | Yes           |                  2 | On Loan: No      |
| UWM Holdings LLC                                              | UWM Holdings LLC                                                                          | CUSIP: 903522AB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   11864000 | PA      | $10814338.53  | 0.22%             | 2031-03-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| STAR Trust                                                    | STAR Trust, Series 2025-SFR6, Class B                                                     | CUSIP: 85520EAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    5179000 | PA      | $5181814.79   | 0.10%             | 2042-08-17      | Floating      | 5.33%                 | Yes           |                  2 | On Loan: No      |
| Raizen Fuels Finance SA                                       | Raizen Fuels Finance SA                                                                   | CUSIP: 75102XAB2<br>LEI: 52990010NH26VC32Q522 | Long             | DBT              | CORP              | LU        |    2193000 | PA      | $1207520.63   | 0.02%             | 2034-03-05      | Fixed         | 6.45%                 | Yes           |                  2 | On Loan: No      |
| PNW Trust                                                     | PNW Trust, Series 2026-ARTE, Class A                                                      | CUSIP: 73020TAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    7390000 | PA      | $7382940.33   | 0.15%             | 2029-04-15      | Floating      | 5.47%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31391PK21<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       9827 | PA      | $10249.19     | 0.00%             | 2032-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Chase Auto Credit Linked Notes                                | Chase Auto Credit Linked Notes, Series 2025-1, Class B                                    | CUSIP: 46591HCS7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2652370 | PA      | $2663245.00   | 0.05%             | 2033-02-25      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Nordea Kredit Realkreditaktieselskab                          | Nordea Kredit Realkreditaktieselskab                                                      | CUSIP: N/A<br>LEI: 52990080NNXXLC14OC65       | Long             | DBT              | CORP              | DK        |   48431569 | PA      | $7041485.11   | 0.14%             | 2056-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| JW Commercial Mortgage Trust                                  | JW Commercial Mortgage Trust, Series 2024-MRCO, Class A                                   | CUSIP: 46657XAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   11934000 | PA      | $11948163.27  | 0.24%             | 2039-06-15      | Floating      | 5.29%                 | Yes           |                  2 | On Loan: No      |
| Republic of Zambia                                            | Zambia Government Bond                                                                    | CUSIP: N/A<br>LEI: 213800DMLAZ6LGMMD849       | Long             | DBT              | NUSS              | ZM        |     625000 | PA      | $412920.16    | 0.01%             | 2053-12-31      | Fixed         | 0.50%                 | Yes           |                  2 | On Loan: No      |
| GSJP Trust                                                    | GSJP Trust, Series 2025-BEDS, Class A                                                     | CUSIP: 362946AA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4789000 | PA      | $4766209.15   | 0.10%             | 2042-12-15      | Floating      | 5.17%                 | Yes           |                  2 | On Loan: No      |
| Bolivarian Republic of Venezuela                              | Venezuela Government Bond                                                                 | CUSIP: N/A<br>LEI: 529900XM8PJTJK5OJI77       | Long             | DBT              | NUSS              | VE        |      12000 | PA      | $4620.00      | 0.00%             | 2020-12-09      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| FIGRE Trust                                                   | FIGRE Trust, Series 2026-FL1, Class A1                                                    | CUSIP: 31684XAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    7280000 | PA      | $7301118.70   | 0.15%             | 2056-03-25      | Variable      | 5.49%                 | Yes           |                  2 | On Loan: No      |
| GNMA                                                          | GNMA, Series 2023-183, Class FQ                                                           | CUSIP: 38384HBX5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    9525189 | PA      | $9516209.03   | 0.19%             | 2053-12-20      | Floating      | 4.52%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                                  | Oracle Corp.                                                                              | CUSIP: 68389XEA9<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    3895000 | PA      | $3636370.99   | 0.07%             | 2046-02-04      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-53998.72    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                           | OIS                                                                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |    5000000 | PA      | $-2309.49     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Global Medical Response, Inc.                                 | Global Medical Response, Inc.                                                             | CUSIP: 37960BAD7<br>LEI: 549300ZFWD4ZFCEJCQ87 | Long             | DBT              | CORP              | US        |    9387000 | PA      | $9755862.17   | 0.20%             | 2032-10-01      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| Beach Acquisition Bidco LLC                                   | Beach Acquisition Bidco LLC                                                               | CUSIP: 07337JAC1<br>LEI: 254900F2FNX3GBTB6202 | Long             | DBT              | CORP              | US        |    6266318 | PA      | $6678280.22   | 0.14%             | 2033-07-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: —       |
| First Quantum Minerals Ltd.                                   | First Quantum Minerals Ltd.                                                               | CUSIP: 335934AW5<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |    9026000 | PA      | $9419560.68   | 0.19%             | 2033-03-01      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: —       |
| Castlelake Aircraft Structured Trust                          | Castlelake Aircraft Structured Trust, Series 2025-2A, Class B                             | CUSIP: 14855XAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    6253072 | PA      | $6279227.31   | 0.13%             | 2050-08-15      | Fixed         | 6.30%                 | Yes           |                  2 | On Loan: No      |
| Mersin Uluslararasi Liman Isletmeciligi A/S                   | Mersin Uluslararasi Liman Isletmeciligi A/S                                               | CUSIP: N/A<br>LEI: 635400DAFN6NT43HM530       | Long             | DBT              | CORP              | TR        |     430000 | PA      | $438657.40    | 0.01%             | 2028-11-15      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| Silver Point CLO 12 Ltd.                                      | Silver Point CLO 12 Ltd., Series 2025-12A, Class D1                                       | CUSIP: 82809MAJ1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    1700000 | PA      | $1644173.70   | 0.03%             | 2038-10-15      | Floating      | 6.63%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                           | U.S. Treasury Long Bonds                                                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |        261 | NC      | $10982.89     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Republic of Angola                                            | Angola Government Bond                                                                    | CUSIP: N/A<br>LEI: 549300QHR2R3J8JSGK83       | Long             | DBT              | NUSS              | AO        |     640000 | PA      | $634075.89    | 0.01%             | 2037-03-31      | Fixed         | 9.88%                 | Yes           |                  2 | On Loan: No      |
| Romania                                                       | Romanian Government Bond                                                                  | CUSIP: N/A<br>LEI: 315700IASY927EDWBK92       | Long             | DBT              | NUSS              | RO        |     310000 | PA      | $71668.84     | 0.00%             | 2040-07-30      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $21026.92     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Petrobras Global Finance BV                                   | Petrobras Global Finance BV                                                               | CUSIP: 71647NBL2<br>LEI: 549300FNENFFSMO3GT38 | Long             | DBT              | CORP              | NL        |     430000 | PA      | $426506.25    | 0.01%             | 2035-01-13      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Vista Energy Argentina SAU                                    | Vista Energy Argentina SAU                                                                | CUSIP: 92841RAB6<br>LEI: 549300FE4UJNCG1DB123 | Long             | DBT              | CORP              | AR        |    1060000 | PA      | $1109502.00   | 0.02%             | 2033-06-10      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Calderys Financing LLC                                        | Calderys Financing LLC                                                                    | CUSIP: 128786AA8<br>LEI: 254900ZIKDM74XNEFV84 | Long             | DBT              | CORP              | US        |    3848000 | PA      | $3983007.08   | 0.08%             | 2028-06-01      | Fixed         | 11.25%                | Yes           |                  2 | On Loan: No      |
| American Airlines, Inc.                                       | American Airlines, Inc.                                                                   | CUSIP: 00253XAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     403083 | PA      | $403639.60    | 0.01%             | 2026-04-20      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| AASET Ltd.                                                    | AASET Ltd., Series 2025-2A, Class B                                                       | CUSIP: 00039NAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3995515 | PA      | $3966433.55   | 0.08%             | 2050-02-16      | Fixed         | 6.01%                 | Yes           |                  2 | On Loan: No      |
| UniCredit SpA                                                 | UniCredit SpA                                                                             | CUSIP: 904678AS8<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |    7679000 | PA      | $7668122.93   | 0.16%             | 2035-06-30      | Variable      | 5.46%                 | Yes           |                  2 | On Loan: No      |
| Essent Group Ltd.                                             | Essent Group Ltd.                                                                         | CUSIP: 29669JAA7<br>LEI: 254900QUO860OUT6ZF83 | Long             | DBT              | CORP              | BM        |    7125000 | PA      | $7374352.77   | 0.15%             | 2029-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31371HVG0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       2723 | PA      | $2815.72      | 0.00%             | 2029-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31385HQ21<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        919 | PA      | $950.05       | 0.00%             | 2031-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31374SY39<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |         53 | PA      | $54.52        | 0.00%             | 2028-03-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $53158.30     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Hungary                                                       | Hungary Government Bond                                                                   | CUSIP: N/A<br>LEI: 5299003F3UFKGCCMAP43       | Long             | DBT              | NUSS              | HU        |  146970000 | PA      | $437484.38    | 0.01%             | 2035-10-24      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| GNMA                                                          | GNMA, Series 2024-146, Class FE                                                           | CUSIP: 38384W3E3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    4163191 | PA      | $4187794.90   | 0.08%             | 2064-09-20      | Floating      | 4.67%                 | No            |                  2 | On Loan: No      |
| Global Atlantic Fin Co.                                       | Global Atlantic Fin Co.                                                                   | CUSIP: 37959GAF4<br>LEI: 98450051B2E65CAA7E94 | Long             | DBT              | CORP              | US        |   11550000 | PA      | $10769911.27  | 0.22%             | 2054-03-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Invesco US CLO Ltd.                                           | Invesco US CLO Ltd., Series 2023-4A, Class D1R                                            | CUSIP: 46091XAU4<br>LEI: 254900CLWY1AN9F4PD86 | Long             | ABS-CBDO         | CORP              | JE        |    3000000 | PA      | $2946189.00   | 0.06%             | 2039-01-18      | Floating      | 6.52%                 | Yes           |                  2 | On Loan: No      |
| Bolivarian Republic of Venezuela                              | Venezuela Government Bond                                                                 | CUSIP: N/A<br>LEI: 529900XM8PJTJK5OJI77       | Long             | DBT              | NUSS              | VE        |     247600 | PA      | $125657.00    | 0.00%             | 2022-08-23      | Fixed         | 12.75%                | Yes           |                  2 | On Loan: No      |
| Charles Schwab Corp. (The)                                    | Charles Schwab Corp. (The)                                                                | CUSIP: 808513CK9<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |    8956000 | PA      | $8860457.30   | 0.18%             | 2031-11-14      | Variable      | 4.34%                 | No            |                  2 | On Loan: —       |
| Belrose Funding Trust II                                      | Belrose Funding Trust II                                                                  | CUSIP: 08079KAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   15975000 | PA      | $16048560.88  | 0.32%             | 2055-05-15      | Fixed         | 6.79%                 | Yes           |                  2 | On Loan: No      |
| BANK                                                          | BANK, Series 2019-BN21, Class XA                                                          | CUSIP: 06540BBE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   13163248 | PA      | $308846.66    | 0.01%             | 2052-10-17      | Variable      | 0.82%                 | No            |                  2 | On Loan: No      |
| US Acute Care Solutions LLC                                   | US Acute Care Solutions LLC                                                               | CUSIP: 90367UAD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    7805000 | PA      | $7549764.01   | 0.15%             | 2029-05-15      | Fixed         | 9.75%                 | Yes           |                  2 | On Loan: —       |
| JSW Steel Ltd.                                                | JSW Steel Ltd.                                                                            | CUSIP: N/A<br>LEI: 335800EK6HZSC4CVAJ09       | Long             | DBT              | CORP              | IN        |     634000 | PA      | $607754.84    | 0.01%             | 2032-04-05      | Fixed         | 5.05%                 | Yes           |                  2 | On Loan: No      |
| Charter Communications Operating LLC                          | Charter Communications Operating LLC                                                      | CUSIP: 161175BL7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    8835000 | PA      | $7116428.35   | 0.14%             | 2047-05-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                         | FHLMC, REMIC, Series 5400, Class FB                                                       | CUSIP: 3137HC3J9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    8879826 | PA      | $8922871.90   | 0.18%             | 2054-04-25      | Floating      | 4.76%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31380BA26<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        193 | PA      | $199.86       | 0.00%             | 2028-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| United States of America                                      | U.S. Treasury Bonds                                                                       | CUSIP: 912810RM2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  107260000 | PA      | $81660054.15  | 1.65%             | 2045-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31403HAY6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       1858 | PA      | $1921.48      | 0.00%             | 2033-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| J.P. Morgan Chase Commercial Mortgage Securities Trust        | J.P. Morgan Chase Commercial Mortgage Securities Trust, Series 2013-LC11, Class XB        | CUSIP: 46639YAT4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2788513 | PA      | $1467.59      | 0.00%             | 2046-04-15      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| Republic of Angola                                            | Angola Government Bond                                                                    | CUSIP: N/A<br>LEI: 549300QHR2R3J8JSGK83       | Long             | DBT              | NUSS              | AO        |    1596000 | PA      | $1603443.25   | 0.03%             | 2035-10-15      | Fixed         | 9.88%                 | Yes           |                  2 | On Loan: —       |
| FHLMC Pool                                                    | UMBS Pool, 30 Year                                                                        | CUSIP: 3132DWNK5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   16624283 | PA      | $16721731.63  | 0.34%             | 2055-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Lendbuzz Securitization Trust                                 | Lendbuzz Securitization Trust, Series 2025-2A, Class C                                    | CUSIP: 52611JAD2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    4545000 | PA      | $4504141.81   | 0.09%             | 2031-04-15      | Fixed         | 5.28%                 | Yes           |                  2 | On Loan: No      |
| Clarios Global LP                                             | Clarios Global LP                                                                         | CUSIP: 18060TAD7<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    5103000 | PA      | $5221415.12   | 0.11%             | 2030-02-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $49032.42     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Hawaii Hotel Trust                                            | Hawaii Hotel Trust, Series 2025-MAUI, Class A                                             | CUSIP: 419909AA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3045000 | PA      | $3046909.22   | 0.06%             | 2042-03-15      | Floating      | 5.07%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                          | FNMA, Strips, Series 305, Class 5                                                         | CUSIP: 31364JK93<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       2936 | PA      | $183.61       | 0.00%             | 2029-12-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BPR Trust                                                     | BPR Trust, Series 2022-SSP, Class A                                                       | CUSIP: 05602HAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2320000 | PA      | $2324734.42   | 0.05%             | 2039-05-15      | Floating      | 6.67%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $7316.71      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31390TK32<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       2187 | PA      | $2279.02      | 0.00%             | 2032-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                         | FHLMC Gold Pool, Other                                                                    | CUSIP: 31286DBZ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       7593 | PA      | $7839.03      | 0.00%             | 2036-12-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Hungary                                                       | Hungary Government Bond                                                                   | CUSIP: N/A<br>LEI: 5299003F3UFKGCCMAP43       | Long             | DBT              | NUSS              | HU        |    8350000 | PA      | $16054.25     | 0.00%             | 2051-04-28      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Rocket Mortgage LLC                                           | Rocket Mortgage LLC                                                                       | CUSIP: 74841CAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2246000 | PA      | $2128236.16   | 0.04%             | 2029-03-01      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| Cemex SAB de CV                                               | Cemex SAB de CV                                                                           | CUSIP: N/A<br>LEI: 549300RIG2CXWN6IV731       | Long             | DBT              | CORP              | MX        |     400000 | PA      | $373638.52    | 0.01%             | 2031-07-11      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| MACH 1 Cayman Ltd.                                            | MACH 1 Cayman Ltd., Series 2019-1, Class A                                                | CUSIP: 55446MAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |     175547 | PA      | $174113.65    | 0.00%             | 2039-10-15      | Fixed         | 3.47%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                          | FNMA, REMIC, Series 2024-63, Class FH                                                     | CUSIP: 3136BSQY4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    7393033 | PA      | $7434288.45   | 0.15%             | 2054-09-25      | Floating      | 4.76%                 | No            |                  2 | On Loan: No      |
| Oportun Issuance Trust                                        | Oportun Issuance Trust, Series 2025-C, Class C                                            | CUSIP: 68378RAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    4775000 | PA      | $4760451.05   | 0.10%             | 2033-07-08      | Fixed         | 5.18%                 | Yes           |                  2 | On Loan: No      |
| Service Experts Issuer LLC                                    | Service Experts Issuer LLC, Series 2025-1A, Class A                                       | CUSIP: 81758JAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    4298612 | PA      | $4288571.48   | 0.09%             | 2037-01-20      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31374TG78<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       2725 | PA      | $2818.00      | 0.00%             | 2028-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Newtek Small Business Loan Trust                              | Newtek Small Business Loan Trust, Series 2023-1, Class A                                  | CUSIP: 65254RAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     547851 | PA      | $553462.52    | 0.01%             | 2050-07-25      | Floating      | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Bank of America Corp.                                         | Bank of America Corp.                                                                     | CUSIP: 06051GLU1<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   11270000 | PA      | $11805061.28  | 0.24%             | 2034-09-15      | Variable      | 5.87%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | FNMA, Strips, Series 305, Class 6                                                         | CUSIP: 31364JL27<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       4122 | PA      | $247.03       | 0.00%             | 2029-12-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $19435.39     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GNMA                                                          | GNMA, Series 2024-160, Class FT                                                           | CUSIP: 38384YQU8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    3707882 | PA      | $3718118.78   | 0.08%             | 2054-10-20      | Floating      | 4.62%                 | No            |                  2 | On Loan: No      |
| Grupo Aval Ltd.                                               | Grupo Aval Ltd.                                                                           | CUSIP: N/A<br>LEI: 549300J4FW1ELLQ80113       | Long             | DBT              | CORP              | KY        |     640000 | PA      | $598705.50    | 0.01%             | 2030-02-04      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| Driven Brands Funding LLC                                     | Driven Brands Funding LLC, Series 2020-2A, Class A2                                       | CUSIP: 26209XAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   20338027 | PA      | $19098812.36  | 0.39%             | 2051-01-20      | Fixed         | 3.24%                 | Yes           |                  2 | On Loan: No      |
| Pampa Energia SA                                              | Pampa Energia SA                                                                          | CUSIP: N/A<br>LEI: 254900QNIK0CVURGML24       | Long             | DBT              | CORP              | AR        |     270000 | PA      | $281785.50    | 0.01%             | 2031-09-10      | Fixed         | 7.95%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31387CSW2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        413 | PA      | $427.40       | 0.00%             | 2031-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ContiMortgage Home Equity Loan Trust                          | ContiMortgage Home Equity Loan Trust, Series 1995-2, Class A5                             | CUSIP: 21075WBF1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      16420 | PA      | $15851.99     | 0.00%             | 2030-12-31      | Fixed         | 8.10%                 | No            |                  2 | On Loan: No      |
| Seagate Data Storage Technology Pte. Ltd.                     | Seagate Data Storage Technology Pte. Ltd.                                                 | CUSIP: 81180LAR6<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |    9516500 | PA      | $10585041.17  | 0.21%             | 2032-12-01      | Fixed         | 9.62%                 | Yes           |                  2 | On Loan: No      |
| BBVA Mexico SA Institucion de Banca Multiple Grupo Financiero | BBVA Mexico SA Institucion de Banca Multiple Grupo Financiero                             | CUSIP: N/A<br>LEI: 549300WIWQK5Q9MCUN92       | Long             | DBT              | CORP              | MX        |     510000 | PA      | $548734.50    | 0.01%             | 2038-06-29      | Variable      | 8.45%                 | Yes           |                  2 | On Loan: —       |
| FHLMC                                                         | FHLMC, REMIC, Series 4265, Class ST                                                       | CUSIP: 3137B5SC8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     264757 | PA      | $19513.36     | 0.00%             | 2043-11-15      | Floating      | 2.21%                 | No            |                  2 | On Loan: No      |
| BFLD Commercial Mortgage Trust                                | BFLD Commercial Mortgage Trust, Series 2025-660F, Class C                                 | CUSIP: 05556QAE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3190000 | PA      | $3189032.15   | 0.06%             | 2042-11-15      | Floating      | 5.82%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                          | FNMA, REMIC, Series 2024-84, Class FJ                                                     | CUSIP: 3136BTUD3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   11251646 | PA      | $11319716.56  | 0.23%             | 2054-11-25      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| Celanese US Holdings LLC                                      | Celanese US Holdings LLC                                                                  | CUSIP: 15089QAY0<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    7106000 | PA      | $7586941.19   | 0.15%             | 2033-11-15      | Fixed         | 7.20%                 | No            |                  2 | On Loan: —       |
| FHLMC Pool                                                    | UMBS Pool, 30 Year                                                                        | CUSIP: 3132DWKV4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   17003339 | PA      | $17088439.75  | 0.35%             | 2054-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Castlelake Aircraft Structured Trust                          | Castlelake Aircraft Structured Trust, Series 2025-1A, Class C                             | CUSIP: 14856VAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2894723 | PA      | $2888510.17   | 0.06%             | 2050-02-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| Yapi ve Kredi Bankasi A/S                                     | Yapi ve Kredi Bankasi A/S                                                                 | CUSIP: N/A<br>LEI: B85ZYWEZ5IZCZ2WNIO12       | Long             | DBT              | CORP              | TR        |     430000 | PA      | $432297.70    | 0.01%             | 2030-03-03      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| Turkcell Iletisim Hizmetleri A/S                              | Turkcell Iletisim Hizmetleri A/S                                                          | CUSIP: N/A<br>LEI: 7890003EX1LTLS2FFL84       | Long             | DBT              | CORP              | TR        |     420000 | PA      | $417412.49    | 0.01%             | 2028-04-11      | Fixed         | 5.80%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                           | NDIRS                                                                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |  180000000 | PA      | $-12342.08    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Bryant Park Funding Ltd.                                      | Bryant Park Funding Ltd., Series 2023-21A, Class D1R                                      | CUSIP: 117650AS0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    2000000 | PA      | $1952450.00   | 0.04%             | 2038-10-18      | Floating      | 6.42%                 | Yes           |                  2 | On Loan: No      |
| ACHV ABS Trust                                                | ACHV ABS Trust, Series 2024-3AL, Class C                                                  | CUSIP: 00092KAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     372905 | PA      | $375722.80    | 0.01%             | 2031-12-26      | Fixed         | 5.68%                 | Yes           |                  2 | On Loan: No      |
| Goddard Funding LLC                                           | Goddard Funding LLC, Series 2024-1A, Class A2                                             | CUSIP: 380241AC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1490138 | PA      | $1512210.61   | 0.03%             | 2054-10-30      | Fixed         | 6.83%                 | Yes           |                  2 | On Loan: No      |
| Republic of South Africa                                      | South Africa Government Bond                                                              | CUSIP: N/A<br>LEI: 378900AAFB4F17004C49       | Long             | DBT              | NUSS              | ZA        |   27000000 | PA      | $1446924.67   | 0.03%             | 2044-01-31      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| MF1X                                                          | MF1X, Series 2021-W10, Class E                                                            | CUSIP: 55284DAN2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |    4350000 | PA      | $4319798.82   | 0.09%             | 2034-12-15      | Floating      | 6.49%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                           | IRS                                                                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |    4400000 | PA      | $-4246.54     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Jefferies Financial Group, Inc.                               | Jefferies Financial Group, Inc.                                                           | CUSIP: 47233WEJ4<br>LEI: 549300HOF34RGOJ5YL07 | Long             | DBT              | CORP              | US        |    6624000 | PA      | $6758857.75   | 0.14%             | 2034-04-14      | Fixed         | 6.20%                 | No            |                  2 | On Loan: —       |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31386TFG5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        230 | PA      | $237.40       | 0.00%             | 2031-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| JW Commercial Mortgage Trust                                  | JW Commercial Mortgage Trust, Series 2024-MRCO, Class D                                   | CUSIP: 46657XAG1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4608000 | PA      | $4606890.85   | 0.09%             | 2039-06-15      | Floating      | 6.86%                 | Yes           |                  2 | On Loan: No      |
| Global Atlantic Fin Co.                                       | Global Atlantic Fin Co.                                                                   | CUSIP: 37959GAD9<br>LEI: 98450051B2E65CAA7E94 | Long             | DBT              | CORP              | US        |    8954000 | PA      | $9611978.87   | 0.19%             | 2033-06-15      | Fixed         | 7.95%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                           | CDS                                                                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |     733000 | PA      | $-2660.59     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FHLMC Pool                                                    | UMBS Pool, 30 Year                                                                        | CUSIP: 3132DWNX7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    8119832 | PA      | $8167429.54   | 0.17%             | 2055-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-27771.35    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FHLMC Seasoned Credit Risk Transfer Trust                     | FHLMC Seasoned Credit Risk Transfer Trust, Series 2018-4, Class HT                        | CUSIP: 35563PGZ6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     773730 | PA      | $670588.73    | 0.01%             | 2058-03-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31418FQG5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   40314526 | PA      | $41072396.96  | 0.83%             | 2055-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FNMA or FHLMC                                                 | UMBS, Single Family, 30 Year                                                              | CUSIP: 01F060659<br>LEI: N/A                  | Short            | ABS-MBS          | USGSE             | US        |  -90000000 | PA      | $-91610158.50 | -1.85%            | 2056-05-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                           | U.S. Treasury 10 Year Ultra Bonds                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       1849 | NC      | $-3072708.14  | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-82535.75    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31371HNN4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        275 | PA      | $284.57       | 0.00%             | 2029-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Neighborly Issuer                                             | Neighborly Issuer LLC, Series 2023-1A, Class A2                                           | CUSIP: 64016NAE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   12082320 | PA      | $12131250.98  | 0.25%             | 2053-01-30      | Fixed         | 7.31%                 | Yes           |                  2 | On Loan: No      |
| Ballyrock CLO 16 Ltd.                                         | Ballyrock CLO 16 Ltd., Series 2021-16A, Class C1R                                         | CUSIP: 05876KAS4<br>LEI: 2549003CI27B7ZDOMR46 | Long             | ABS-CBDO         | CORP              | KY        |    1500000 | PA      | $1449520.50   | 0.03%             | 2038-04-20      | Floating      | 6.42%                 | Yes           |                  2 | On Loan: No      |
| Romania                                                       | Romania Government Bond                                                                   | CUSIP: N/A<br>LEI: 315700IASY927EDWBK92       | Long             | DBT              | NUSS              | RO        |      20000 | PA      | $4516.24      | 0.00%             | 2034-07-31      | Fixed         | 7.10%                 | No            |                  2 | On Loan: No      |
| N/A                                                           | U.S. Treasury Ultra Bonds                                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |         70 | NC      | $3894.62      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| ACM Auto Trust                                                | ACM Auto Trust, Series 2025-2A, Class A                                                   | CUSIP: 00161TAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     858094 | PA      | $859321.89    | 0.02%             | 2028-06-20      | Fixed         | 5.55%                 | Yes           |                  2 | On Loan: No      |
| YPF SA                                                        | YPF SA                                                                                    | CUSIP: N/A<br>LEI: 5493003N7447U18U5U53       | Long             | DBT              | NUSS              | AR        |     700000 | PA      | $737275.00    | 0.01%             | 2031-01-17      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| Oaktree CLO Ltd.                                              | Oaktree CLO Ltd., Series 2019-4A, Class D2RR                                              | CUSIP: 67402CBN5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    1000000 | PA      | $1001573.00   | 0.02%             | 2037-07-20      | Floating      | 8.37%                 | Yes           |                  2 | On Loan: No      |
| FNMA or FHLMC                                                 | UMBS, Single Family, 30 Year                                                              | CUSIP: 01F052649<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  166119908 | PA      | $166840195.62 | 3.38%             | 2056-04-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                         | FHLMC, REMIC, Series 5556, Class FA                                                       | CUSIP: 3137HMBS8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    3010321 | PA      | $3019779.89   | 0.06%             | 2055-07-25      | Floating      | 4.81%                 | No            |                  2 | On Loan: No      |
| Barclays plc                                                  | Barclays plc                                                                              | CUSIP: 06738EBX2<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    8789000 | PA      | $9099153.09   | 0.18%             | 2029-03-15      | Variable      | 8.00%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31374TW39<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       2189 | PA      | $2263.68      | 0.00%             | 2029-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Neighborly Issuer LLC                                         | Neighborly Issuer LLC, Series 2021-1A, Class A2                                           | CUSIP: 64016NAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    4710112 | PA      | $4518404.80   | 0.09%             | 2051-04-30      | Fixed         | 3.58%                 | Yes           |                  2 | On Loan: No      |
| FHLMC                                                         | FHLMC, Multifamily Structured Pass-Through Certificates, Series K125, Class X3            | CUSIP: 3137F9ZB0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    9522157 | PA      | $1007861.72   | 0.02%             | 2049-02-25      | Variable      | 2.65%                 | No            |                  2 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $3181.26      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                                      | U.S. Treasury Bonds                                                                       | CUSIP: 912810RS9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     325000 | PA      | $223386.72    | 0.00%             | 2046-05-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| United States of America                                      | U.S. Treasury Bonds                                                                       | CUSIP: 912810SP4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      15000 | PA      | $7337.99      | 0.00%             | 2050-08-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| Bolivarian Republic of Venezuela                              | Venezuela Government Bond                                                                 | CUSIP: N/A<br>LEI: 529900XM8PJTJK5OJI77       | Long             | DBT              | NUSS              | VE        |      78000 | PA      | $40170.00     | 0.00%             | 2031-08-05      | Fixed         | 11.95%                | Yes           |                  2 | On Loan: No      |
| STAR Trust                                                    | STAR Trust, Series 2021-SFR2, Class F                                                     | CUSIP: 78474LAL0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1156121 | PA      | $1157150.45   | 0.02%             | 2039-01-17      | Floating      | 6.64%                 | Yes           |                  2 | On Loan: No      |
| Raizen Fuels Finance SA                                       | Raizen Fuels Finance SA                                                                   | CUSIP: N/A<br>LEI: 52990010NH26VC32Q522       | Long             | DBT              | CORP              | LU        |     297000 | PA      | $160565.63    | 0.00%             | 2037-02-25      | Fixed         | 6.70%                 | Yes           |                  2 | On Loan: No      |
| Province of Santa Fe                                          | Province of Santa Fe                                                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | NUSS              | AR        |     137000 | PA      | $130910.35    | 0.00%             | 2034-12-11      | Fixed         | 8.10%                 | Yes           |                  2 | On Loan: No      |
| Santander UK Group Holdings plc                               | Santander UK Group Holdings plc                                                           | CUSIP: 80281LAG0<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |    9015000 | PA      | $8902093.89   | 0.18%             | 2028-11-03      | Variable      | 3.82%                 | No            |                  2 | On Loan: No      |
| Bridge Trust                                                  | Bridge Trust, Series 2025-SFR1, Class C                                                   | CUSIP: 10807GAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3579467 | PA      | $3370446.54   | 0.07%             | 2042-09-17      | Fixed         | 4.20%                 | Yes           |                  2 | On Loan: No      |
| Republic of Angola                                            | Angola Government Bond                                                                    | CUSIP: N/A<br>LEI: 549300QHR2R3J8JSGK83       | Long             | DBT              | NUSS              | AO        |     572000 | PA      | $508480.81    | 0.01%             | 2048-05-08      | Fixed         | 9.38%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                           | IRS                                                                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |     832800 | PA      | $-240.56      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31387FJD7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       1369 | PA      | $1418.21      | 0.00%             | 2031-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Blue Owl Credit Income Corp.                                  | Blue Owl Credit Income Corp.                                                              | CUSIP: 09581CAB7<br>LEI: 5493003I42XBWPE05N35 | Long             | DBT              | CORP              | US        |    1986000 | PA      | $1979431.42   | 0.04%             | 2029-09-15      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| Ally Bank Auto Credit-Linked Notes                            | Ally Bank Auto Credit-Linked Notes, Series 2025-B, Class C                                | CUSIP: 02007G6Q1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    7442506 | PA      | $7465959.23   | 0.15%             | 2033-09-15      | Fixed         | 4.70%                 | Yes           |                  2 | On Loan: No      |
| FHLMC                                                         | FHLMC Gold Pool, Other                                                                    | CUSIP: 31286DNN7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      20936 | PA      | $21654.37     | 0.00%             | 2037-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Ulker Biskuvi Sanayi A/S                                      | Ulker Biskuvi Sanayi A/S                                                                  | CUSIP: N/A<br>LEI: 7890009HEU9BS7J3DA93       | Long             | DBT              | CORP              | TR        |     440000 | PA      | $444684.69    | 0.01%             | 2031-07-08      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| Romania                                                       | Romania Government Bond                                                                   | CUSIP: N/A<br>LEI: 315700IASY927EDWBK92       | Long             | DBT              | NUSS              | RO        |     670000 | PA      | $151799.24    | 0.00%             | 2033-10-30      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. LLC                                      | Morgan Stanley Institutional Liquidity Funds - Government Portfolio - Institutional Class | CUSIP: 61747C707<br>LEI: 549300BI6Y5SI6BYPB26 | Long             | STIV             | RF                | US        |  237087171 | NS      | $237087170.74 | 4.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Nykredit Realkredit A/S                                       | Nykredit Realkredit A/S, Series 01E                                                       | CUSIP: N/A<br>LEI: LIU16F6VZJSD6UKHD557       | Long             | DBT              | CORP              | DK        |  284598759 | PA      | $41586670.18  | 0.84%             | 2056-10-01      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| Saudi Awwal Bank                                              | Saudi Awwal Bank                                                                          | CUSIP: N/A<br>LEI: 558600TQS0WENZUC5190       | Long             | DBT              | CORP              | SA        |     493000 | PA      | $482852.47    | 0.01%             | 2035-09-04      | Variable      | 5.95%                 | Yes           |                  2 | On Loan: No      |
| Raizen Fuels Finance SA                                       | Raizen Fuels Finance SA                                                                   | CUSIP: N/A<br>LEI: 52990010NH26VC32Q522       | Long             | DBT              | CORP              | LU        |     400000 | PA      | $220250.00    | 0.00%             | 2034-03-05      | Fixed         | 6.45%                 | Yes           |                  2 | On Loan: No      |
| Goodgreen Trust                                               | Goodgreen Trust, Series 2021-1A, Class C                                                  | CUSIP: 38217UAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1781955 | PA      | $1307055.98   | 0.03%             | 2056-10-15      | Fixed         | 5.74%                 | Yes           |                  2 | On Loan: No      |
| Morgan Stanley & Co. LLC                                      | Morgan Stanley Institutional Liquidity Funds - Government Portfolio - Institutional Class | CUSIP: 61747C707<br>LEI: 549300BI6Y5SI6BYPB26 | Long             | STIV             | RF                | US        |   54680441 | NS      | $54680441.10  | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| BFLD Commercial Mortgage Trust                                | BFLD Commercial Mortgage Trust, Series 2025-660F, Class B                                 | CUSIP: 05556QAC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    6135000 | PA      | $6131184.03   | 0.12%             | 2042-11-15      | Floating      | 5.47%                 | Yes           |                  2 | On Loan: No      |
| Shift4 Payments LLC                                           | Shift4 Payments LLC                                                                       | CUSIP: 82453AAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    9770000 | PA      | $9618956.19   | 0.19%             | 2032-08-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31380MFU5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        867 | PA      | $896.92       | 0.00%             | 2028-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FortiFi                                                       | FortiFi, Series 2023-1A, Class A                                                          | CUSIP: 34964YAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    2255945 | PA      | $2240706.83   | 0.05%             | 2059-09-20      | Fixed         | 6.23%                 | Yes           |                  2 | On Loan: No      |
| Hungary                                                       | Hungary Government Bond                                                                   | CUSIP: N/A<br>LEI: 5299003F3UFKGCCMAP43       | Long             | DBT              | NUSS              | HU        |   64810000 | PA      | $122669.08    | 0.00%             | 2041-04-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FHLMC Pool                                                    | UMBS Pool, 30 Year                                                                        | CUSIP: 3132DWMX8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   12734797 | PA      | $12580032.78  | 0.25%             | 2054-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bolivarian Republic of Venezuela                              | Venezuela Government Bond                                                                 | CUSIP: N/A<br>LEI: 529900XM8PJTJK5OJI77       | Long             | DBT              | NUSS              | VE        |      26900 | PA      | $11607.35     | 0.00%             | 2024-10-13      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31374T2L2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       1354 | PA      | $1400.17      | 0.00%             | 2029-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 3140Y7DY1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   12154163 | PA      | $12252945.12  | 0.25%             | 2055-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Pampa Energia SA                                              | Pampa Energia SA                                                                          | CUSIP: N/A<br>LEI: 254900QNIK0CVURGML24       | Long             | DBT              | CORP              | AR        |     430000 | PA      | $448769.50    | 0.01%             | 2031-09-10      | Fixed         | 7.95%                 | Yes           |                  2 | On Loan: No      |
| FHLMC Pool                                                    | UMBS Pool, 30 Year                                                                        | CUSIP: 3142J6BT9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   25005688 | PA      | $25130777.59  | 0.51%             | 2055-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-43826.91    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FHLMC                                                         | FHLMC, REMIC, Series 5460, Class FA                                                       | CUSIP: 3137HFS63<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   16294210 | PA      | $16371739.53  | 0.33%             | 2054-10-25      | Floating      | 4.71%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31388FFW8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        176 | PA      | $181.65       | 0.00%             | 2031-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Ally Financial, Inc.                                          | Ally Financial, Inc.                                                                      | CUSIP: 36186CBY8<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |    3688000 | PA      | $4095857.69   | 0.08%             | 2031-11-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $30.64        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $85155.09     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Republic of Montenegro                                        | Montenegro Government Bond                                                                | CUSIP: N/A<br>LEI: 747800V014106FYLL014       | Long             | DBT              | NUSS              | ME        |    1085000 | PA      | $1246434.11   | 0.03%             | 2032-04-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31390TJ67<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       1298 | PA      | $1342.53      | 0.00%             | 2032-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31402CY22<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        433 | PA      | $449.14       | 0.00%             | 2034-01-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Arab Republic of Egypt                                        | Egypt Treasury Bill                                                                       | CUSIP: N/A<br>LEI: 529900GFIVH4086NMH82       | Long             | STIV             | NUSS              | EG        |  186125000 | PA      | $3191879.20   | 0.06%             | 2026-07-21      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Brookfield Asset Management Ltd.                              | Brookfield Asset Management Ltd.                                                          | CUSIP: 113004AA3<br>LEI: 549300CZ84WPNJZKY093 | Long             | DBT              | CORP              | CA        |    4780000 | PA      | $4873136.91   | 0.10%             | 2035-04-24      | Fixed         | 5.79%                 | No            |                  2 | On Loan: No      |
| Bryant Park Funding Ltd.                                      | Bryant Park Funding Ltd., Series 2023-20A, Class DR                                       | CUSIP: 117919AJ9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    3000000 | PA      | $2953500.00   | 0.06%             | 2038-04-15      | Floating      | 7.07%                 | Yes           |                  2 | On Loan: No      |
| Qorvo, Inc.                                                   | Qorvo, Inc.                                                                               | CUSIP: 74736KAJ0<br>LEI: 254900YAUJV2EUEVBR11 | Long             | DBT              | CORP              | US        |    5242000 | PA      | $4744725.06   | 0.10%             | 2031-04-01      | Fixed         | 3.38%                 | Yes           |                  2 | On Loan: No      |
| Castlelake Aircraft Structured Trust                          | Castlelake Aircraft Structured Trust, Series 2025-2A, Class A                             | CUSIP: 14855XAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2008382 | PA      | $2010815.59   | 0.04%             | 2050-08-15      | Fixed         | 5.46%                 | Yes           |                  2 | On Loan: No      |
| FHLMC                                                         | FHLMC, REMIC, Series 5475, Class FJ                                                       | CUSIP: 3137HHDL2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    9457609 | PA      | $9483713.25   | 0.19%             | 2054-11-25      | Floating      | 4.91%                 | No            |                  2 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-803.91      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ServiceMaster Funding LLC                                     | ServiceMaster Funding LLC, Series 2021-1, Class A2I                                       | CUSIP: 81761TAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    6671809 | PA      | $6246909.09   | 0.13%             | 2051-07-30      | Fixed         | 2.87%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31418FGY7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   20588456 | PA      | $20700296.03  | 0.42%             | 2055-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                         | Bank of America Corp.                                                                     | CUSIP: 060505GQ1<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    7335000 | PA      | $7244759.40   | 0.15%             | 2032-02-06      | Variable      | 4.46%                 | No            |                  2 | On Loan: No      |
| FIGRE Trust                                                   | FIGRE Trust, Series 2025-FL1, Class A1                                                    | CUSIP: 31684QAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    9489495 | PA      | $9507422.02   | 0.19%             | 2055-07-25      | Variable      | 5.26%                 | Yes           |                  2 | On Loan: No      |
| Ford Motor Credit Co. LLC                                     | Ford Motor Credit Co. LLC                                                                 | CUSIP: 345397G31<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    2236000 | PA      | $2246971.36   | 0.05%             | 2031-11-05      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Loanpal Solar Loan Ltd.                                       | Loanpal Solar Loan Ltd., Series 2021-1GS, Class A                                         | CUSIP: 53948PAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |     764865 | PA      | $634808.92    | 0.01%             | 2048-01-20      | Fixed         | 2.29%                 | Yes           |                  2 | On Loan: No      |
| HYT Commercial Mortgage Trust                                 | HYT Commercial Mortgage Trust, Series 2024-RGCY, Class A                                  | CUSIP: 449173AA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   10790000 | PA      | $10805511.70  | 0.22%             | 2041-09-15      | Floating      | 5.51%                 | Yes           |                  2 | On Loan: No      |
| Charter Communications Operating LLC                          | Charter Communications Operating LLC                                                      | CUSIP: 161175CA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     299000 | PA      | $190527.32    | 0.00%             | 2052-06-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Nexa Resources SA                                             | Nexa Resources SA                                                                         | CUSIP: 65290DAB9<br>LEI: 549300QRMRHM7GAU7L47 | Long             | DBT              | CORP              | LU        |     700000 | PA      | $734126.58    | 0.01%             | 2034-04-09      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| J.P. Morgan Mortgage Trust                                    | J.P. Morgan Mortgage Trust, Series 2007-A4, Class 2A3                                     | CUSIP: 46631JAE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      39784 | PA      | $30827.95     | 0.00%             | 2037-06-25      | Variable      | 4.74%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | FNMA, REMIC, Series 1997-57, Class PV                                                     | CUSIP: 31359QJV7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       3023 | PA      | $79.52        | 0.00%             | 2027-09-18      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | FNMA, Strips, Series 305, Class 11                                                        | CUSIP: 31364JL76<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       7985 | PA      | $479.12       | 0.00%             | 2029-09-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA or FHLMC                                                 | UMBS, Single Family, 30 Year                                                              | CUSIP: 01F040651<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   24080000 | PA      | $22682230.65  | 0.46%             | 2056-05-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Republic of Colombia                                          | Colombia Government Bond                                                                  | CUSIP: N/A<br>LEI: 549300MHDRBVRF6B9117       | Long             | DBT              | NUSS              | CO        | 2610000000 | PA      | $659528.52    | 0.01%             | 2035-01-24      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| Republic of Colombia                                          | Colombia Government Bond                                                                  | CUSIP: N/A<br>LEI: 549300MHDRBVRF6B9117       | Long             | DBT              | NUSS              | CO        |  115000000 | PA      | $23057.70     | 0.00%             | 2032-06-30      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| US Bank NA                                                    | US Bank NA, Series 2026-RVM1, Class B1                                                    | CUSIP: 90355PAJ5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3500000 | PA      | $3489107.30   | 0.07%             | 2046-12-25      | Fixed         | 4.96%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31391ASF7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       4359 | PA      | $4550.27      | 0.00%             | 2032-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Barings CLO Ltd.                                              | Barings CLO Ltd., Series 2019-4A, Class D2R                                               | CUSIP: 06761VAY3<br>LEI: 549300QO1I8V07FLPQ13 | Long             | ABS-CBDO         | CORP              | KY        |    1000000 | PA      | $975839.00    | 0.02%             | 2037-07-15      | Floating      | 8.27%                 | Yes           |                  2 | On Loan: No      |
| Cikarang Listrindo Tbk. PT                                    | Cikarang Listrindo Tbk. PT                                                                | CUSIP: N/A<br>LEI: 254900NPCIO562Z7FN53       | Long             | DBT              | CORP              | ID        |     430000 | PA      | $426089.05    | 0.01%             | 2035-03-12      | Fixed         | 5.65%                 | Yes           |                  2 | On Loan: —       |
| Asbury Automotive Group, Inc.                                 | Asbury Automotive Group, Inc.                                                             | CUSIP: 043436AX2<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |    5084000 | PA      | $4819159.70   | 0.10%             | 2032-02-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: —       |
| FNMA or FHLMC                                                 | UMBS, Single Family, 30 Year                                                              | CUSIP: 01F060659<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   13000000 | PA      | $13232578.45  | 0.27%             | 2056-05-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Sasol Financing USA LLC                                       | Sasol Financing USA LLC                                                                   | CUSIP: N/A<br>LEI: 549300XRB1PFMESFEL85       | Long             | DBT              | CORP              | US        |     640000 | PA      | $666500.48    | 0.01%             | 2029-05-03      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| Tricon Residential Trust                                      | Tricon Residential Trust, Series 2025-SFR1, Class B                                       | CUSIP: 895974AB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1800000 | PA      | $1798555.86   | 0.04%             | 2042-03-17      | Floating      | 5.03%                 | Yes           |                  2 | On Loan: No      |
| California Buyer Ltd.                                         | California Buyer Ltd.                                                                     | CUSIP: 13005HAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    9965000 | PA      | $9742525.40   | 0.20%             | 2032-02-15      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: —       |
| Stellantis Financial Services US Corp.                        | Stellantis Financial Services US Corp.                                                    | CUSIP: 85855FAB9<br>LEI: 5493000KNKFDOC1BOW59 | Long             | DBT              | CORP              | US        |    7743000 | PA      | $7606910.27   | 0.15%             | 2030-09-15      | Fixed         | 5.40%                 | Yes           |                  2 | On Loan: —       |
| Arab Republic of Egypt                                        | Egypt Treasury Bill                                                                       | CUSIP: N/A<br>LEI: 529900GFIVH4086NMH82       | Long             | STIV             | NUSS              | EG        |    2525000 | PA      | $41421.65     | 0.00%             | 2026-09-29      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                           | NDIRS                                                                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |  831000000 | PA      | $-7645.92     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Harvest US CLO Ltd.                                           | Harvest US CLO Ltd., Series 2024-2A, Class D1                                             | CUSIP: 41756YAJ4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    1500000 | PA      | $1482268.50   | 0.03%             | 2037-10-15      | Floating      | 6.92%                 | Yes           |                  2 | On Loan: No      |
| Azorra Finance Ltd.                                           | Azorra Finance Ltd.                                                                       | CUSIP: 05480AAA3<br>LEI: 254900MC1HXDAVUUP395 | Long             | DBT              | CORP              | KY        |    5079000 | PA      | $5235514.46   | 0.11%             | 2030-04-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31387H3F5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       3150 | PA      | $3257.75      | 0.00%             | 2031-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Apollo Global Management, Inc.                                | Apollo Global Management, Inc.                                                            | CUSIP: 03769MAE6<br>LEI: 254900LMFT1CY9IYB476 | Long             | DBT              | CORP              | US        |    3180000 | PA      | $3080994.26   | 0.06%             | 2035-08-12      | Fixed         | 5.15%                 | No            |                  2 | On Loan: —       |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31371HLU0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       1413 | PA      | $1460.86      | 0.00%             | 2029-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| TX Trust                                                      | TX Trust, Series 2024-HOU, Class A                                                        | CUSIP: 90216DAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3350000 | PA      | $3349814.41   | 0.07%             | 2039-06-15      | Floating      | 5.26%                 | Yes           |                  2 | On Loan: No      |
| Retained Vantage Data Centers Issuer LLC                      | Retained Vantage Data Centers Issuer LLC, Series 2025-1A, Class A2A                       | CUSIP: 76134KAM6<br>LEI: 254900N4NW6XZ9B4HM15 | Long             | ABS-O            | CORP              | US        |   11370000 | PA      | $11137129.89  | 0.23%             | 2050-08-15      | Fixed         | 5.09%                 | Yes           |                  2 | On Loan: No      |
| Minejesa Capital BV                                           | Minejesa Capital BV                                                                       | CUSIP: N/A<br>LEI: 549300KS7ERCP10BKC35       | Long             | DBT              | CORP              | NL        |     551001 | PA      | $545502.29    | 0.01%             | 2030-08-10      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-1919.27     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31400C4G6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       4381 | PA      | $4580.01      | 0.00%             | 2033-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31383HYG3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       4067 | PA      | $4271.87      | 0.00%             | 2029-07-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                           | OIS                                                                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |    5500000 | PA      | $-1019.92     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Chase Home Lending Mortgage Trust                             | Chase Home Lending Mortgage Trust, Series 2026-3, Class A3                                | CUSIP: 161938AC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    8000000 | PA      | $7978437.60   | 0.16%             | 2057-01-25      | Variable      | 5.50%                 | Yes           |                  2 | On Loan: No      |
| WE Soda Investments Holding plc                               | WE Soda Investments Holding plc                                                           | CUSIP: N/A<br>LEI: 984500SE38C07DB47A90       | Long             | DBT              | CORP              | GB        |     200000 | PA      | $199889.61    | 0.00%             | 2028-10-06      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| FHLMC                                                         | FHLMC Gold Pool, Other                                                                    | CUSIP: 31335Y5S1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       5653 | PA      | $5814.24      | 0.00%             | 2038-02-01      | Fixed         | 5.44%                 | No            |                  2 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-2090.57     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31391PJC1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        554 | PA      | $575.89       | 0.00%             | 2032-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| United States of America                                      | U.S. Treasury Notes                                                                       | CUSIP: 91282CBL4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   10109000 | PA      | $8864329.38   | 0.18%             | 2031-02-15      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| Orion CLO Ltd.                                                | Orion CLO Ltd., Series 2023-1A, Class D1R                                                 | CUSIP: 68626CAS3<br>LEI: 2138006D8Y42BDBTP628 | Long             | ABS-CBDO         | CORP              | JE        |    3500000 | PA      | $3430990.50   | 0.07%             | 2038-10-25      | Floating      | 6.57%                 | Yes           |                  2 | On Loan: No      |
| Centene Corp.                                                 | Centene Corp.                                                                             | CUSIP: 15135BAV3<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |   17194000 | PA      | $15542652.13  | 0.31%             | 2030-02-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31382GAZ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        139 | PA      | $143.38       | 0.00%             | 2029-01-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Bharti Airtel Ltd.                                            | Bharti Airtel Ltd.                                                                        | CUSIP: 08860HAC8<br>LEI: 335800KQ1FPKOQ84OR26 | Long             | DBT              | CORP              | IN        |     390000 | PA      | $366576.91    | 0.01%             | 2031-06-03      | Fixed         | 3.25%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                           | NDIRS                                                                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |  381800000 | PA      | $-3090.16     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $10870.83     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Ford Motor Credit Co. LLC                                     | Ford Motor Credit Co. LLC                                                                 | CUSIP: 345397G23<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |     280839 | PA      | $279469.28    | 0.01%             | 2029-09-06      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| United States of America                                      | U.S. Treasury Bills                                                                       | CUSIP: 912797UA3<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |   14387800 | PA      | $14278646.38  | 0.29%             | 2026-06-16      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| EPR Properties                                                | EPR Properties                                                                            | CUSIP: 26884UAG4<br>LEI: 549300YSSXFHMPOWZ492 | Long             | DBT              | CORP              | US        |    4414000 | PA      | $4008801.51   | 0.08%             | 2031-11-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: —       |
| Realkredit Danmark A/S                                        | Realkredit Danmark A/S, Series 23S                                                        | CUSIP: N/A<br>LEI: 549300NLOMBOWE943Y30       | Long             | DBT              | CORP              | DK        |  104451332 | PA      | $15177964.99  | 0.31%             | 2056-10-01      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| INTOWN Mortgage Trust                                         | INTOWN Mortgage Trust, Series 2025-STAY, Class D                                          | CUSIP: 46117WAG7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4568000 | PA      | $4567780.28   | 0.09%             | 2042-03-15      | Floating      | 6.52%                 | Yes           |                  2 | On Loan: No      |
| US Bank NA                                                    | US Bank NA, Series 2026-RVM1, Class D                                                     | CUSIP: 90355PAM8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    7600000 | PA      | $7579632.00   | 0.15%             | 2046-12-25      | Fixed         | 7.06%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $9814.51      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| HLTN Commercial Mortgage Trust                                | HLTN Commercial Mortgage Trust, Series 2024-DPLO, Class A                                 | CUSIP: 40424UAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3164100 | PA      | $3167901.03   | 0.06%             | 2041-06-15      | Floating      | 5.31%                 | Yes           |                  2 | On Loan: No      |
| Eldridge CLO Ltd.                                             | Eldridge CLO Ltd., Series 2025-2A, Class D1                                               | CUSIP: 28473AAJ5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    3500000 | PA      | $3447783.50   | 0.07%             | 2039-01-20      | Floating      | 6.49%                 | Yes           |                  2 | On Loan: No      |
| FNMA or FHLMC                                                 | UMBS, Single Family, 30 Year                                                              | CUSIP: 01F050643<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  528222000 | PA      | $520731996.92 | 10.54%            | 2056-04-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LPL Holdings, Inc.                                            | LPL Holdings, Inc.                                                                        | CUSIP: 50212YAQ7<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |    4467000 | PA      | $4451445.73   | 0.09%             | 2035-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| BAMLL Trust                                                   | BAMLL Trust, Series 2024-BHP, Class A                                                     | CUSIP: 05493WAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4250000 | PA      | $4258052.90   | 0.09%             | 2039-08-15      | Floating      | 6.02%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31390CR99<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        724 | PA      | $751.09       | 0.00%             | 2032-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Acacia LLC                                                    | Acacia LLC, Series 2025-1, Class A                                                        | CUSIP: 00401PAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    7600884 | PA      | $7595375.90   | 0.15%             | 2037-11-15      | Fixed         | 5.24%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $92929.03     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Oracle Corp.                                                  | Oracle Corp.                                                                              | CUSIP: 68389XEB7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    4830000 | PA      | $4486235.04   | 0.09%             | 2056-02-04      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| Raizen Fuels Finance SA                                       | Raizen Fuels Finance SA                                                                   | CUSIP: N/A<br>LEI: 52990010NH26VC32Q522       | Long             | DBT              | CORP              | LU        |     815000 | PA      | $446823.75    | 0.01%             | 2035-01-17      | Fixed         | 5.70%                 | Yes           |                  2 | On Loan: No      |
| Driven Brands Funding LLC                                     | Driven Brands Funding LLC, Series 2020-1A, Class A2                                       | CUSIP: 26209XAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1819497 | PA      | $1752667.01   | 0.04%             | 2050-07-20      | Fixed         | 3.79%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31390Q6U4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       5517 | PA      | $5739.21      | 0.00%             | 2032-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $20478.75     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                           | NDIRS                                                                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |  917000000 | PA      | $-8190.18     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                                      | U.S. Treasury Bonds                                                                       | CUSIP: 912810FT0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    5291000 | PA      | $5398680.10   | 0.11%             | 2036-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| Liberty Mutual Group, Inc.                                    | Liberty Mutual Group, Inc.                                                                | CUSIP: 53079EBM5<br>LEI: QUR0DG15Z6FFGYCHH861 | Long             | DBT              | CORP              | US        |   14171000 | PA      | $13846528.46  | 0.28%             | 2051-12-15      | Variable      | 4.12%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31371J7F5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |         39 | PA      | $40.69        | 0.00%             | 2031-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BAMLL Commercial Mortgage Securities Trust                    | BAMLL Commercial Mortgage Securities Trust, Series 2019-BPR, Class BNM                    | CUSIP: 05492PAE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3440000 | PA      | $3303057.04   | 0.07%             | 2032-11-05      | Fixed         | 3.46%                 | Yes           |                  2 | On Loan: No      |
| EPR Properties                                                | EPR Properties                                                                            | CUSIP: 26884UAH2<br>LEI: 549300YSSXFHMPOWZ492 | Long             | DBT              | CORP              | US        |    4678000 | PA      | $4567918.85   | 0.09%             | 2030-11-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Charter Communications Operating LLC                          | Charter Communications Operating LLC                                                      | CUSIP: 161175CC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4403000 | PA      | $2830434.69   | 0.06%             | 2061-12-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Republic of Poland                                            | Poland Government Bond                                                                    | CUSIP: N/A<br>LEI: 259400R9L8QEP0TPXS31       | Long             | DBT              | NUSS              | PL        |    4750000 | PA      | $1253622.61   | 0.03%             | 2036-08-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| COLT Trust                                                    | COLT Trust, Series 2021-RPL1, Class A1                                                    | CUSIP: 12598PAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     880637 | PA      | $814671.29    | 0.02%             | 2061-09-25      | Variable      | 1.67%                 | Yes           |                  2 | On Loan: No      |
| SHR Trust                                                     | SHR Trust, Series 2024-LXRY, Class A                                                      | CUSIP: 784234AA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3475000 | PA      | $3476150.23   | 0.07%             | 2041-10-15      | Floating      | 5.62%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $3531.62      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Sixth Street CLO XX Ltd.                                      | Sixth Street CLO XX Ltd., Series 2021-20A, Class D1R                                      | CUSIP: 83012QAW4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    2250000 | PA      | $2215732.50   | 0.04%             | 2038-07-17      | Floating      | 6.62%                 | Yes           |                  2 | On Loan: No      |
| Arab Republic of Egypt                                        | Egypt Treasury Bill                                                                       | CUSIP: N/A<br>LEI: 529900GFIVH4086NMH82       | Long             | STIV             | NUSS              | EG        |    2825000 | PA      | $48661.31     | 0.00%             | 2026-07-14      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31418FF44<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   37179373 | PA      | $37397312.51  | 0.76%             | 2055-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                           | NDIRS                                                                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |   17000000 | PA      | $809.29       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                           | NDIRS                                                                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |  917000000 | PA      | $-8513.87     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Battalion CLO XXIX Ltd.                                       | Battalion CLO XXIX Ltd., Series 2025-29A, Class D1                                        | CUSIP: 07135TAJ8<br>LEI: 254900BHK74DPDADPT35 | Long             | ABS-CBDO         | CORP              | KY        |    1500000 | PA      | $1498972.50   | 0.03%             | 2038-03-31      | Floating      | 6.97%                 | Yes           |                  2 | On Loan: No      |
| Bolivarian Republic of Venezuela                              | Venezuela Government Bond                                                                 | CUSIP: N/A<br>LEI: 529900XM8PJTJK5OJI77       | Long             | DBT              | NUSS              | VE        |      18000 | PA      | $7020.00      | 0.00%             | 2018-12-01      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| DB Master Finance LLC                                         | DB Master Finance LLC, Series 2017-1A, Class A2II                                         | CUSIP: 233046AF8<br>LEI: 549300F17UZJL70BPB08 | Long             | ABS-O            | CORP              | US        |    3196080 | PA      | $3166909.06   | 0.06%             | 2047-11-20      | Fixed         | 4.03%                 | Yes           |                  2 | On Loan: No      |
| FHLMC                                                         | FHLMC Gold Pool, Other                                                                    | CUSIP: 31286DF22<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      15170 | PA      | $15681.88     | 0.00%             | 2037-08-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| PNC Financial Services Group, Inc. (The)                      | PNC Financial Services Group, Inc. (The)                                                  | CUSIP: 693475CC7<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    5664000 | PA      | $5784410.24   | 0.12%             | 2036-01-29      | Variable      | 5.58%                 | No            |                  2 | On Loan: No      |
| STAR Trust                                                    | STAR Trust, Series 2025-SFR5, Class C                                                     | CUSIP: 85520CAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2753000 | PA      | $2748399.19   | 0.06%             | 2042-02-17      | Floating      | 5.63%                 | Yes           |                  2 | On Loan: No      |
| Arab Republic of Egypt                                        | Egypt Government Bond                                                                     | CUSIP: N/A<br>LEI: 529900GFIVH4086NMH82       | Long             | DBT              | NUSS              | EG        |  128745000 | PA      | $2350446.51   | 0.05%             | 2029-01-20      | Fixed         | 21.17%                | No            |                  2 | On Loan: No      |
| Sands China Ltd.                                              | Sands China Ltd.                                                                          | CUSIP: 80007RAE5<br>LEI: 549300EVO6UZDGY05787 | Long             | DBT              | CORP              | KY        |     639000 | PA      | $644187.40    | 0.01%             | 2028-08-08      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| PENN Commercial Mortgage Trust                                | PENN Commercial Mortgage Trust, Series 2025-P11, Class B                                  | CUSIP: 69382VAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2926000 | PA      | $3001332.80   | 0.06%             | 2042-08-10      | Variable      | 5.93%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                           | Euro-Bund                                                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | DE        |       -638 | NC      | $1218234.61   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| AASET                                                         | AASET, Series 2025-1A, Class A                                                            | CUSIP: 00258PAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    8257064 | PA      | $8322975.88   | 0.17%             | 2050-02-16      | Fixed         | 5.94%                 | Yes           |                  2 | On Loan: No      |
| TerraForm Power Operating LLC                                 | TerraForm Power Operating LLC                                                             | CUSIP: 88104LAG8<br>LEI: 5493000S2OLR3UT5BE13 | Long             | DBT              | CORP              | US        |    5042000 | PA      | $4831744.57   | 0.10%             | 2030-01-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| AES Panama Generation Holdings SRL                            | AES Panama Generation Holdings SRL                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | PA        |     364069 | PA      | $337304.05    | 0.01%             | 2030-05-31      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| Oracle Corp.                                                  | Oracle Corp.                                                                              | CUSIP: 68389XDB8<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    7234000 | PA      | $6070657.20   | 0.12%             | 2055-08-03      | Fixed         | 6.00%                 | No            |                  2 | On Loan: —       |
| GNMA                                                          | GNMA II, Single Family, 30 Year                                                           | CUSIP: 36194TQH2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      86939 | PA      | $81122.14     | 0.00%             | 2046-07-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-4609.34     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Eaton Vance High Yield ETF                                    | Eaton Vance High Yield ETF                                                                | CUSIP: 61774R809<br>LEI: 25490092F7UI2XO21N32 | Long             |  | RF                | US        |       9300 | NS      | $482949.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Provident Funding Mortgage Trust                              | Provident Funding Mortgage Trust, Series 2025-3, Class A3                                 | CUSIP: 74388PAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3199246 | PA      | $3225530.23   | 0.07%             | 2055-08-25      | Variable      | 6.00%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31371HQX9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       2377 | PA      | $2458.07      | 0.00%             | 2029-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Project Silver                                                | Project Silver, Series 2019-1, Class A                                                    | CUSIP: 827304AA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    6459489 | PA      | $6287301.17   | 0.13%             | 2044-07-15      | Fixed         | 3.97%                 | Yes           |                  2 | On Loan: No      |
| Arab Republic of Egypt                                        | Egypt Government Bond                                                                     | CUSIP: N/A<br>LEI: 529900GFIVH4086NMH82       | Long             | DBT              | NUSS              | EG        |  130000000 | PA      | $2293179.81   | 0.05%             | 2031-01-06      | Fixed         | 19.48%                | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                          | JPMorgan Chase & Co.                                                                      | CUSIP: 46647PEG7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   11360000 | PA      | $11710002.28  | 0.24%             | 2030-04-22      | Variable      | 5.58%                 | No            |                  2 | On Loan: —       |
| CRSNT Trust                                                   | CRSNT Trust, Series 2026-MOON, Class A                                                    | CUSIP: 12642SAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   14404000 | PA      | $14364086.52  | 0.29%             | 2031-02-15      | Floating      | 5.07%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31384V3E0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        171 | PA      | $177.28       | 0.00%             | 2030-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31374TTT6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        834 | PA      | $862.77       | 0.00%             | 2029-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                           | OIS                                                                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |  215000000 | PA      | $-77722.98    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31384VX56<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        157 | PA      | $162.73       | 0.00%             | 2030-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Oportun Issuance Trust                                        | Oportun Issuance Trust, Series 2021-C, Class A                                            | CUSIP: 68377WAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     527015 | PA      | $520016.03    | 0.01%             | 2031-10-08      | Fixed         | 2.18%                 | Yes           |                  2 | On Loan: No      |
| Eaton Vance Floating-Rate ETF                                 | Eaton Vance Floating-Rate ETF                                                             | CUSIP: 61774R833<br>LEI: 254900BDISIY9SGE8S56 | Long             |  | RF                | US        |     591577 | NS      | $28502179.86  | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Raizen Fuels Finance SA                                       | Raizen Fuels Finance SA                                                                   | CUSIP: 75102XAD8<br>LEI: 52990010NH26VC32Q522 | Long             | DBT              | CORP              | LU        |    4309000 | PA      | $2362409.25   | 0.05%             | 2035-01-17      | Fixed         | 5.70%                 | Yes           |                  2 | On Loan: No      |
| FMC Issuer Trust-FMSR                                         | FMC Issuer Trust-FMSR, Series 2024-FT1, Class A                                           | CUSIP: 30191JAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2810000 | PA      | $2797959.43   | 0.06%             | 2029-09-25      | Fixed         | 6.56%                 | Yes           |                  2 | On Loan: No      |
| Westpac Banking Corp.                                         | Westpac Banking Corp.                                                                     | CUSIP: 961214EX7<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |    9348000 | PA      | $8366549.46   | 0.17%             | 2036-11-18      | Variable      | 3.02%                 | No            |                  2 | On Loan: No      |
| Celanese US Holdings LLC                                      | Celanese US Holdings LLC                                                                  | CUSIP: 15089QAK0<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    1717000 | PA      | $1693492.72   | 0.03%             | 2026-08-05      | Fixed         | 1.40%                 | No            |                  2 | On Loan: —       |
| N/A                                                           | NDIRS                                                                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |   50000000 | PA      | $38858.89     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FIGRE Trust                                                   | FIGRE Trust, Series 2025-HE5, Class A                                                     | CUSIP: 31684MAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2406799 | PA      | $2413358.36   | 0.05%             | 2055-08-25      | Variable      | 5.29%                 | Yes           |                  2 | On Loan: No      |
| Sable International Finance Ltd.                              | Sable International Finance Ltd.                                                          | CUSIP: N/A<br>LEI: 2138009IE9A35LO5JS73       | Long             | DBT              | CORP              | KY        |     420000 | PA      | $415280.84    | 0.01%             | 2032-10-15      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| Vmed O2 UK Financing I plc                                    | Vmed O2 UK Financing I plc                                                                | CUSIP: 92858RAB6<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |    5134000 | PA      | $4422588.19   | 0.09%             | 2031-07-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| FHLMC Pool                                                    | UMBS Pool, 30 Year                                                                        | CUSIP: 3132DWNJ8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   49261952 | PA      | $49581506.57  | 1.00%             | 2054-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                           | NDIRS                                                                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |  382000000 | PA      | $-3426.57     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                                      | U.S. Treasury Notes                                                                       | CUSIP: 91282CFF3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   36801000 | PA      | $34045237.71  | 0.69%             | 2032-08-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| CSN Inova Ventures                                            | CSN Inova Ventures                                                                        | CUSIP: N/A<br>LEI: 222100R8R68DM7VM3661       | Long             | DBT              | CORP              | KY        |     400000 | PA      | $293951.98    | 0.01%             | 2028-01-28      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: —       |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-138153.22   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $13087.21     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                                      | U.S. Treasury Bonds                                                                       | CUSIP: 912810SE9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   50694000 | PA      | $39741323.55  | 0.80%             | 2048-11-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $10818.07     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31379JSQ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       1669 | PA      | $1726.23      | 0.00%             | 2028-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Truist Bank Auto Credit-Linked Notes                          | Truist Bank Auto Credit-Linked Notes, Series 2025-1, Class B                              | CUSIP: 897926CB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    4785918 | PA      | $4786825.09   | 0.10%             | 2033-09-26      | Fixed         | 4.73%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $12966.89     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| American National Group, Inc.                                 | American National Group, Inc.                                                             | CUSIP: 025676AR8<br>LEI: 549300RK5RZQ740FPL83 | Long             | DBT              | CORP              | US        |    5705000 | PA      | $5414826.59   | 0.11%             | 2055-12-01      | Variable      | 7.00%                 | No            |                  2 | On Loan: —       |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31418FLR6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    2697135 | PA      | $2711469.89   | 0.05%             | 2055-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Amaggi Luxembourg International SARL                          | Amaggi Luxembourg International SARL                                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | LU        |     700000 | PA      | $689440.50    | 0.01%             | 2028-01-28      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Oportun Issuance Trust                                        | Oportun Issuance Trust, Series 2021-B, Class B                                            | CUSIP: 68377GAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     888611 | PA      | $874900.60    | 0.02%             | 2031-05-08      | Fixed         | 1.96%                 | Yes           |                  2 | On Loan: No      |
| TerraForm Power Operating LLC                                 | TerraForm Power Operating LLC                                                             | CUSIP: 88104LAE3<br>LEI: 5493000S2OLR3UT5BE13 | Long             | DBT              | CORP              | US        |    2360000 | PA      | $2335208.44   | 0.05%             | 2028-01-31      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Navigator Aviation Ltd.                                       | Navigator Aviation Ltd., Series 2024-1, Class A                                           | CUSIP: 63943DAA7<br>LEI: 984500UF8C3O89B30652 | Long             | ABS-O            | CORP              | KY        |     927702 | PA      | $923720.05    | 0.02%             | 2049-08-15      | Fixed         | 5.40%                 | Yes           |                  2 | On Loan: No      |
| MGM China Holdings Ltd.                                       | MGM China Holdings Ltd.                                                                   | CUSIP: N/A<br>LEI: 529900VZFN87OS7WJM66       | Long             | DBT              | CORP              | KY        |     420000 | PA      | $415382.21    | 0.01%             | 2027-02-01      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Republic of Colombia                                          | Colombia Government Bond                                                                  | CUSIP: N/A<br>LEI: 549300MHDRBVRF6B9117       | Long             | DBT              | NUSS              | CO        |  850000000 | PA      | $221031.34    | 0.00%             | 2030-02-27      | Fixed         | 12.50%                | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31418FDA2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   16685459 | PA      | $16462034.71  | 0.33%             | 2054-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Avianca Midco 2 plc                                           | Avianca Midco 2 plc                                                                       | CUSIP: 05369YAA7<br>LEI: 213800AMPX5VKH9AMX10 | Long             | DBT              | CORP              | GB        |     846000 | PA      | $791974.44    | 0.02%             | 2030-02-14      | Fixed         | 9.62%                 | Yes           |                  2 | On Loan: No      |
| Centene Corp.                                                 | Centene Corp.                                                                             | CUSIP: 15135BAX9<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |    9991000 | PA      | $8389874.51   | 0.17%             | 2031-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BFLD Commercial Mortgage Trust                                | BFLD Commercial Mortgage Trust, Series 2024-UNIV, Class B                                 | CUSIP: 08861RAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3000000 | PA      | $3005421.90   | 0.06%             | 2041-11-15      | Floating      | 5.51%                 | Yes           |                  2 | On Loan: No      |
| Hungary                                                       | Hungary Government Bond                                                                   | CUSIP: N/A<br>LEI: 5299003F3UFKGCCMAP43       | Long             | DBT              | NUSS              | HU        |   16710000 | PA      | $46787.54     | 0.00%             | 2037-09-23      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Goodgreen Trust                                               | Goodgreen Trust, Series 2020-1A, Class C                                                  | CUSIP: 38217TAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1258650 | PA      | $981510.82    | 0.02%             | 2055-04-15      | Fixed         | 5.53%                 | Yes           |                  2 | On Loan: No      |
| DataBank Issuer II LLC                                        | DataBank Issuer II LLC, Series 2025-1A, Class A2                                          | CUSIP: 23802YAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    9870000 | PA      | $9593543.27   | 0.19%             | 2055-09-27      | Fixed         | 5.18%                 | Yes           |                  2 | On Loan: No      |
| Romania                                                       | Romania Government Bond                                                                   | CUSIP: N/A<br>LEI: 315700IASY927EDWBK92       | Long             | DBT              | NUSS              | RO        |    6357000 | PA      | $6388310.81   | 0.13%             | 2034-02-07      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: —       |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31390UQD1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        893 | PA      | $938.55       | 0.00%             | 2032-05-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31384V4M1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       3843 | PA      | $3973.83      | 0.00%             | 2030-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Bolivarian Republic of Venezuela                              | Venezuela Government Bond                                                                 | CUSIP: N/A<br>LEI: 529900XM8PJTJK5OJI77       | Long             | DBT              | NUSS              | VE        |      36000 | PA      | $15534.00     | 0.00%             | 2024-10-13      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| Herc Holdings, Inc.                                           | Herc Holdings, Inc.                                                                       | CUSIP: 42704LAK0<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |    8028000 | PA      | $7769368.35   | 0.16%             | 2034-03-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: —       |
| Dell Equipment Finance Trust                                  | Dell Equipment Finance Trust, Series 2023-3, Class A3                                     | CUSIP: 24702EAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     155368 | PA      | $155844.86    | 0.00%             | 2029-04-23      | Fixed         | 5.93%                 | Yes           |                  2 | On Loan: No      |
| SERVPRO Master Issuer LLC                                     | SERVPRO Master Issuer LLC, Series 2025-1A, Class A2                                       | CUSIP: 817743AL1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   10004925 | PA      | $9923760.05   | 0.20%             | 2055-10-25      | Fixed         | 5.53%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-265.74      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BBVA Mexico SA Institucion de Banca Multiple Grupo Financiero | BBVA Mexico SA Institucion de Banca Multiple Grupo Financiero                             | CUSIP: 05533UAF5<br>LEI: 549300WIWQK5Q9MCUN92 | Long             | DBT              | CORP              | MX        |    3721000 | PA      | $3618914.37   | 0.07%             | 2033-01-18      | Variable      | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Rumo Luxembourg SARL                                          | Rumo Luxembourg SARL                                                                      | CUSIP: N/A<br>LEI: 222100HOIQFT7YOSPB46       | Long             | DBT              | CORP              | LU        |     700000 | PA      | $615562.50    | 0.01%             | 2032-01-18      | Fixed         | 4.20%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-255485.31   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Canadian Imperial Bank of Commerce                            | Canadian Imperial Bank of Commerce                                                        | CUSIP: 13607P7Y4<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |   10611000 | PA      | $10731530.35  | 0.22%             | 2085-10-28      | Variable      | 7.00%                 | No            |                  2 | On Loan: —       |
| FNMA                                                          | FNMA, 30 Year                                                                             | CUSIP: 31411NJG3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      14391 | PA      | $14856.82     | 0.00%             | 2036-12-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| American Electric Power Co., Inc.                             | American Electric Power Co., Inc., Series C                                               | CUSIP: 02557TAE9<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |    8642000 | PA      | $8542660.21   | 0.17%             | 2056-03-15      | Variable      | 5.80%                 | No            |                  2 | On Loan: —       |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31382WUJ9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        209 | PA      | $216.04       | 0.00%             | 2029-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ChaseFlex Trust                                               | ChaseFlex Trust, Series 2007-1, Class 2A8                                                 | CUSIP: 16165VAL2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     574945 | PA      | $168359.33    | 0.00%             | 2037-02-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $153.35       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                           | NDIRS                                                                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |  500000000 | PA      | $-125502.83   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Dominion Energy, Inc.                                         | Dominion Energy, Inc.                                                                     | CUSIP: 25746UDZ9<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |    3890000 | PA      | $3867853.84   | 0.08%             | 2056-02-15      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                           | IRS                                                                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |   65000000 | PA      | $-170345.57   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Bolivarian Republic of Venezuela                              | Venezuela Government Bond                                                                 | CUSIP: N/A<br>LEI: 529900XM8PJTJK5OJI77       | Long             | DBT              | NUSS              | VE        |    2800000 | PA      | $1435000.00   | 0.03%             | 2018-08-15      | Fixed         | 13.62%                | Yes           |                  2 | On Loan: No      |
| NYCT Trust                                                    | NYCT Trust, Series 2024-3ELV, Class A                                                     | CUSIP: 62956HAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    5919078 | PA      | $5937190.38   | 0.12%             | 2029-08-15      | Floating      | 5.66%                 | Yes           |                  2 | On Loan: No      |
| FHLMC Pool                                                    | UMBS Pool, 30 Year                                                                        | CUSIP: 3132DWK93<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   11546536 | PA      | $11622338.37  | 0.24%             | 2054-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Puma International Financing SA                               | Puma International Financing SA                                                           | CUSIP: N/A<br>LEI: 222100YFBPO7IDRUBR17       | Long             | DBT              | CORP              | LU        |     650000 | PA      | $664219.77    | 0.01%             | 2029-04-25      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| Tullow Oil plc                                                | Tullow Oil plc                                                                            | CUSIP: N/A<br>LEI: 2138003EYHWO75RKS857       | Long             | DBT              | CORP              | GB        |     200000 | PA      | $187917.00    | 0.00%             | 2026-05-15      | Fixed         | 10.25%                | Yes           |                  2 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $12702.18     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| loanDepot GMSR Trust                                          | loanDepot GMSR Trust, Series 2025-GT1, Class A                                            | CUSIP: 53946TAD4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    6401000 | PA      | $6357971.84   | 0.13%             | 2030-05-16      | Floating      | 6.52%                 | Yes           |                  2 | On Loan: No      |
| Aptiv Swiss Holdings Ltd.                                     | Aptiv Swiss Holdings Ltd.                                                                 | CUSIP: 03835VAJ5<br>LEI: N/A                  | Long             | DBT              | CORP              | JE        |   16262000 | PA      | $10042278.55  | 0.20%             | 2051-12-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Republic of Turkiye (The)                                     | Government of Turkiye                                                                     | CUSIP: N/A<br>LEI: 5493000PCHOG3B6S3Q85       | Long             | DBT              | NUSS              | TR        |   60000000 | PA      | $1352820.06   | 0.03%             | 2026-05-20      | Floating      | 41.78%                | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                         | Bank of America Corp.                                                                     | CUSIP: 06051GJB6<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   16249000 | PA      | $15015621.12  | 0.30%             | 2031-04-29      | Variable      | 2.59%                 | No            |                  2 | On Loan: No      |
| TYSN Mortgage Trust                                           | TYSN Mortgage Trust, Series 2023-CRNR, Class A                                            | CUSIP: 87332PAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1127000 | PA      | $1172117.30   | 0.02%             | 2033-12-10      | Variable      | 6.58%                 | Yes           |                  2 | On Loan: No      |
| BNP Paribas SA                                                | BNP Paribas SA                                                                            | CUSIP: 05565AM34<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |   10552000 | PA      | $10893916.46  | 0.22%             | 2029-08-16      | Variable      | 7.75%                 | Yes           |                  2 | On Loan: No      |
| DBC Mortgage Trust                                            | DBC Mortgage Trust, Series 2025-DBC, Class B                                              | CUSIP: 23306HAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    5285000 | PA      | $5274245.03   | 0.11%             | 2042-11-15      | Floating      | 5.27%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31388PL25<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        102 | PA      | $105.98       | 0.00%             | 2031-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SLG Office Trust                                              | SLG Office Trust, Series 2021-OVA, Class X                                                | CUSIP: 78449RAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   34800000 | PA      | $375892.20    | 0.01%             | 2041-07-15      | Variable      | 0.26%                 | Yes           |                  2 | On Loan: No      |
| AES Andes SA                                                  | AES Andes SA                                                                              | CUSIP: N/A<br>LEI: 549300IF4IFG0FS0RM26       | Long             | DBT              | CORP              | CL        |     700000 | PA      | $718858.70    | 0.01%             | 2032-03-14      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| GWT                                                           | GWT, Series 2024-WLF2, Class A                                                            | CUSIP: 362414AA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    6338000 | PA      | $6345637.92   | 0.13%             | 2041-05-15      | Floating      | 5.36%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                           | NDIRS                                                                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        | 2866000000 | PA      | $-32381.68    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Athene Holding Ltd.                                           | Athene Holding Ltd.                                                                       | CUSIP: 04686JAL5<br>LEI: 549300H316CT32FQXI76 | Long             | DBT              | CORP              | US        |   13363000 | PA      | $12887313.95  | 0.26%             | 2055-05-19      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| ReadyCap Lending Small Business Loan Trust                    | ReadyCap Lending Small Business Loan Trust, Series 2019-2, Class A                        | CUSIP: 75576QAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      40969 | PA      | $40942.11     | 0.00%             | 2044-12-27      | Floating      | 6.25%                 | Yes           |                  2 | On Loan: No      |
| FHLMC Pool                                                    | UMBS Pool, 30 Year                                                                        | CUSIP: 3132DWN82<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   21202541 | PA      | $21326826.88  | 0.43%             | 2055-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31391DLL5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        175 | PA      | $174.87       | 0.00%             | 2032-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Hungary                                                       | Hungary Government Bond                                                                   | CUSIP: N/A<br>LEI: 5299003F3UFKGCCMAP43       | Long             | DBT              | NUSS              | HU        |  466820000 | PA      | $943099.54    | 0.02%             | 2038-10-27      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                         | FHLMC Gold Pool, Other                                                                    | CUSIP: 31286DKJ9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       7555 | PA      | $7776.77      | 0.00%             | 2037-09-01      | Fixed         | 5.44%                 | No            |                  2 | On Loan: No      |
| N/A                                                           | NDIRS                                                                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |  764000000 | PA      | $-7856.52     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BBVA Mexico SA Institucion de Banca Multiple Grupo Financiero | BBVA Mexico SA Institucion de Banca Multiple Grupo Financiero                             | CUSIP: 072912AA6<br>LEI: 549300WIWQK5Q9MCUN92 | Long             | DBT              | CORP              | MX        |    5357000 | PA      | $5544495.00   | 0.11%             | 2035-02-11      | Variable      | 7.62%                 | Yes           |                  2 | On Loan: —       |
| FirstKey Homes Trust                                          | FirstKey Homes Trust, Series 2021-SFR3, Class G                                           | CUSIP: 33768JAW1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1000000 | PA      | $976479.60    | 0.02%             | 2038-12-17      | Fixed         | 3.98%                 | Yes           |                  2 | On Loan: No      |
| Seaspan Corp.                                                 | Seaspan Corp.                                                                             | CUSIP: 81254UAK2<br>LEI: 5493007Z8Q1H45KT7W98 | Long             | DBT              | CORP              | MH        |    6104000 | PA      | $5724989.33   | 0.12%             | 2029-08-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Citadel Securities Global Holdings LLC                        | Citadel Securities Global Holdings LLC                                                    | CUSIP: 17289RAB2<br>LEI: 549300NV5RXBUS3X7L47 | Long             | DBT              | CORP              | US        |    7841000 | PA      | $8027034.08   | 0.16%             | 2035-06-18      | Fixed         | 6.20%                 | Yes           |                  2 | On Loan: No      |
| CSMC Trust                                                    | CSMC Trust, Series 2021-BPNY, Class A                                                     | CUSIP: 12659XAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   15598642 | PA      | $15317873.77  | 0.31%             | 2026-08-15      | Floating      | 7.50%                 | Yes           |                  2 | On Loan: No      |
| Alpha Generation LLC                                          | Alpha Generation LLC                                                                      | CUSIP: 02073LAA9<br>LEI: 254900K5V62L4YGVKF49 | Long             | DBT              | CORP              | US        |    8434000 | PA      | $8563568.93   | 0.17%             | 2032-10-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: —       |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31374TV48<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        403 | PA      | $416.54       | 0.00%             | 2029-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Petroleos de Venezuela SA                                     | Petroleos de Venezuela SA                                                                 | CUSIP: N/A<br>LEI: 549300YWR8TN1OFD4P06       | Long             | DBT              | NUSS              | VE        |      62000 | PA      | $23870.00     | 0.00%             | 2021-11-17      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| Petroleos de Venezuela SA                                     | Petroleos de Venezuela SA                                                                 | CUSIP: N/A<br>LEI: 549300YWR8TN1OFD4P06       | Long             | DBT              | NUSS              | VE        |    3485000 | PA      | $1587417.50   | 0.03%             | 2022-02-17      | Fixed         | 12.75%                | Yes           |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31389L6F1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        443 | PA      | $465.62       | 0.00%             | 2032-08-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| United States of America                                      | U.S. Treasury Notes                                                                       | CUSIP: 91282CDJ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  326602000 | PA      | $283295339.05 | 5.74%             | 2031-11-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| Planet Fitness Master Issuer LLC                              | Planet Fitness Master Issuer LLC, Series 2024-1A, Class A2I                               | CUSIP: 72703PAF0<br>LEI: 549300NX9W3U2DO53T22 | Long             | ABS-O            | CORP              | US        |    7222020 | PA      | $7272925.13   | 0.15%             | 2054-06-05      | Fixed         | 5.76%                 | Yes           |                  2 | On Loan: No      |
| Fortrea Holdings, Inc.                                        | Fortrea Holdings, Inc.                                                                    | CUSIP: 34965KAA5<br>LEI: 5493000FIVFABOVCDU97 | Long             | DBT              | CORP              | US        |    1151000 | PA      | $1092045.78   | 0.02%             | 2030-07-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-22223.95    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Romania                                                       | Romania Government Bond                                                                   | CUSIP: N/A<br>LEI: 315700IASY927EDWBK92       | Long             | DBT              | NUSS              | RO        |    2010000 | PA      | $453881.82    | 0.01%             | 2034-07-31      | Fixed         | 7.10%                 | No            |                  2 | On Loan: No      |
| Pinnacle Financial Partners, Inc.                             | Pinnacle Financial Partners, Inc.                                                         | CUSIP: 87161CAP0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   14164000 | PA      | $14444847.62  | 0.29%             | 2030-11-01      | Variable      | 6.17%                 | No            |                  2 | On Loan: No      |
| GNMA                                                          | GNMA, Series 2024-44, Class FB                                                            | CUSIP: 38384KR52<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    6889495 | PA      | $6902764.53   | 0.14%             | 2064-03-20      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| Ally Financial, Inc.                                          | Ally Financial, Inc.                                                                      | CUSIP: 02005NCA6<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |    5118000 | PA      | $5030267.24   | 0.10%             | 2033-07-31      | Variable      | 5.55%                 | No            |                  2 | On Loan: No      |
| Durst Commercial Mortgage Trust                               | Durst Commercial Mortgage Trust, Series 2025-151, Class D                                 | CUSIP: 266895AG6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3499000 | PA      | $3582686.28   | 0.07%             | 2042-08-10      | Variable      | 6.34%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                          | FNMA, REMIC, Series 2025-31, Class FB                                                     | CUSIP: 3136BVYK8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    7422129 | PA      | $7450130.73   | 0.15%             | 2054-06-25      | Floating      | 4.81%                 | No            |                  2 | On Loan: No      |
| Sonic Automotive, Inc.                                        | Sonic Automotive, Inc.                                                                    | CUSIP: 83545GBE1<br>LEI: 549300NTLRGJ2JCBZU03 | Long             | DBT              | CORP              | US        |   10230000 | PA      | $9718955.24   | 0.20%             | 2031-11-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: —       |
| STAR Trust                                                    | STAR Trust, Series 2025-SFR6, Class C                                                     | CUSIP: 85520EAE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1200000 | PA      | $1203104.52   | 0.02%             | 2042-08-17      | Floating      | 5.68%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-113.71      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Chase Home Lending Mortgage Trust                             | Chase Home Lending Mortgage Trust, Series 2026-1, Class A2                                | CUSIP: 16161YAB2<br>LEI: 529900FU45ZZQULAKB21 | Long             | ABS-MBS          | CORP              | US        |   13653696 | PA      | $13633962.21  | 0.28%             | 2056-11-25      | Variable      | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Banco Santander SA                                            | Banco Santander SA                                                                        | CUSIP: 05964HAQ8<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |       6000 | PA      | $5974.59      | 0.00%             | 2028-03-24      | Variable      | 4.17%                 | No            |                  2 | On Loan: No      |
| BX Trust                                                      | BX Trust, Series 2025-GW, Class E                                                         | CUSIP: 12433GAJ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3975000 | PA      | $3980452.91   | 0.08%             | 2042-07-15      | Floating      | 7.32%                 | Yes           |                  2 | On Loan: No      |
| Eaton Vance Ultra-Short Income ETF                            | Eaton Vance Ultra-Short Income ETF                                                        | CUSIP: 61774R700<br>LEI: 254900V7QBF5XYWO0K24 | Long             |  | RF                | US        |      27000 | NS      | $1370412.00   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| AIB Group plc                                                 | AIB Group plc                                                                             | CUSIP: 00135TAF1<br>LEI: 635400AKJBGNS5WNQL34 | Long             | DBT              | CORP              | IE        |    7215000 | PA      | $7347792.29   | 0.15%             | 2031-05-15      | Variable      | 5.32%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31371GZ86<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        464 | PA      | $479.69       | 0.00%             | 2028-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Telecomunicaciones Digitales SA                               | Telecomunicaciones Digitales SA                                                           | CUSIP: N/A<br>LEI: 5299008Q5GONPYNF9J32       | Long             | DBT              | CORP              | PA        |     600000 | PA      | $565575.00    | 0.01%             | 2030-01-30      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| SoFi Consumer Loan Program Trust                              | SoFi Consumer Loan Program Trust, Series 2025-2, Class C                                  | CUSIP: 83407HAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    5169000 | PA      | $5210261.03   | 0.11%             | 2034-06-25      | Fixed         | 5.22%                 | Yes           |                  2 | On Loan: No      |
| Chase Home Lending Mortgage Trust                             | Chase Home Lending Mortgage Trust, Series 2025-11, Class A2                               | CUSIP: 16162QAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    6539765 | PA      | $6526225.75   | 0.13%             | 2056-02-25      | Variable      | 5.50%                 | Yes           |                  2 | On Loan: No      |
| ServiceMaster Funding LLC                                     | ServiceMaster Funding LLC, Series 2020-1, Class A2I                                       | CUSIP: 81761TAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   16179808 | PA      | $15397734.53  | 0.31%             | 2051-01-30      | Fixed         | 2.84%                 | Yes           |                  2 | On Loan: No      |
| SG Commercial Mortgage Securities Trust                       | SG Commercial Mortgage Securities Trust, Series 2020-COVE, Class E                        | CUSIP: 78397FAJ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1900000 | PA      | $1761113.80   | 0.04%             | 2037-03-15      | Variable      | 3.73%                 | Yes           |                  2 | On Loan: No      |
| Enel Chile SA                                                 | Enel Chile SA                                                                             | CUSIP: 29278DAA3<br>LEI: 549300YM5CWCAUVOPB53 | Long             | DBT              | CORP              | CL        |     633000 | PA      | $637026.91    | 0.01%             | 2028-06-12      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-139.10      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Mong Duong Finance Holdings BV                                | Mong Duong Finance Holdings BV                                                            | CUSIP: N/A<br>LEI: 549300995KGQFMWSV879       | Long             | DBT              | CORP              | NL        |     359216 | PA      | $353678.75    | 0.01%             | 2029-05-07      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Cometa Energia SA de CV                                       | Cometa Energia SA de CV                                                                   | CUSIP: N/A<br>LEI: 5493007L8UH7TYXKI505       | Long             | DBT              | CORP              | MX        |     470400 | PA      | $478565.67    | 0.01%             | 2035-04-24      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                                  | GS Mortgage Securities Trust, Series 2015-GC34, Class XA                                  | CUSIP: 36250VAF9<br>LEI: 54930070360RBP384M53 | Long             | ABS-MBS          | CORP              | US        |     343143 | PA      | $3.43         | 0.00%             | 2048-10-10      | Variable      | 0.34%                 | No            |                  2 | On Loan: No      |
| Bolivarian Republic of Venezuela                              | Venezuela Government Bond                                                                 | CUSIP: N/A<br>LEI: 529900XM8PJTJK5OJI77       | Long             | DBT              | NUSS              | VE        |     137000 | PA      | $56512.50     | 0.00%             | 2019-10-13      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| Great Wolf Trust                                              | Great Wolf Trust, Series 2024-WOLF, Class D                                               | CUSIP: 39152MAG0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3200000 | PA      | $3213021.44   | 0.07%             | 2039-03-15      | Floating      | 6.56%                 | Yes           |                  2 | On Loan: No      |
| Caister Finance DAC                                           | Caister Finance DAC, Series 1A, Class B                                                   | CUSIP: N/A<br>LEI: 635400IBLLJ9RCTGJN46       | Long             | ABS-MBS          | CORP              | IE        |    6495000 | PA      | $8616907.08   | 0.17%             | 2035-08-17      | Floating      | 6.19%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $12064.03     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Romania                                                       | Romanian Government Bond                                                                  | CUSIP: N/A<br>LEI: 315700IASY927EDWBK92       | Long             | DBT              | NUSS              | RO        |    3607000 | PA      | $3291179.96   | 0.07%             | 2033-04-14      | Fixed         | 2.00%                 | Yes           |                  2 | On Loan: —       |
| Azule Energy Finance plc                                      | Azule Energy Finance plc                                                                  | CUSIP: N/A<br>LEI: 2138006X6O82RJSQDB63       | Long             | DBT              | CORP              | GB        |    1114000 | PA      | $1129347.42   | 0.02%             | 2030-01-23      | Fixed         | 8.12%                 | Yes           |                  2 | On Loan: No      |
| SDR Commercial Mortgage Trust                                 | SDR Commercial Mortgage Trust, Series 2024-DSNY, Class A                                  | CUSIP: 811304AA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1193000 | PA      | $1190548.15   | 0.02%             | 2039-05-15      | Floating      | 5.06%                 | Yes           |                  2 | On Loan: No      |
| Rocket Cos., Inc.                                             | Rocket Cos., Inc.                                                                         | CUSIP: 77311WAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    8024000 | PA      | $8120239.86   | 0.16%             | 2033-08-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 3140QVDM3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    3928628 | PA      | $3954419.63   | 0.08%             | 2054-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31400Y4F0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       9100 | PA      | $9526.37      | 0.00%             | 2033-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Taco Bell Funding LLC                                         | Taco Bell Funding LLC, Series 2018-1A, Class A2II                                         | CUSIP: 87342RAE4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    5805488 | PA      | $5791341.27   | 0.12%             | 2048-11-25      | Fixed         | 4.94%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                          | FNMA, REMIC, Series 2025-63, Class FA                                                     | CUSIP: 3136BWXU5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   14851200 | PA      | $14918112.37  | 0.30%             | 2055-08-25      | Floating      | 4.81%                 | No            |                  2 | On Loan: No      |
| HYT Commercial Mortgage Trust                                 | HYT Commercial Mortgage Trust, Series 2024-RGCY, Class B                                  | CUSIP: 449173AC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     289000 | PA      | $289517.77    | 0.01%             | 2041-09-15      | Floating      | 6.01%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31387GW32<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       1773 | PA      | $1837.15      | 0.00%             | 2031-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SERVPRO Master Issuer LLC                                     | SERVPRO Master Issuer LLC, Series 2024-1A, Class A2                                       | CUSIP: 817743AJ6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     617400 | PA      | $633041.95    | 0.01%             | 2054-01-25      | Fixed         | 6.17%                 | Yes           |                  2 | On Loan: No      |
| ACHV ABS Trust                                                | ACHV ABS Trust, Series 2024-3AL, Class D                                                  | CUSIP: 00092KAD6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1090243 | PA      | $1101571.55   | 0.02%             | 2031-12-26      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Bank of Nova Scotia (The)                                     | Bank of Nova Scotia (The)                                                                 | CUSIP: 0641598V1<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |   13076000 | PA      | $13700248.24  | 0.28%             | 2084-01-27      | Variable      | 8.00%                 | No            |                  2 | On Loan: —       |
| Zegona Finance plc                                            | Zegona Finance plc                                                                        | CUSIP: 98927UAA5<br>LEI: 254900B3KC1SS7T2TE92 | Long             | DBT              | CORP              | GB        |    9500000 | PA      | $9980586.00   | 0.20%             | 2029-07-15      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| Marex Group plc                                               | Marex Group plc                                                                           | CUSIP: 566539AA0<br>LEI: 549300DWX0SVICJAL507 | Long             | DBT              | CORP              | GB        |    8735000 | PA      | $8999808.95   | 0.18%             | 2029-11-04      | Fixed         | 6.40%                 | No            |                  2 | On Loan: —       |
| Oaktree Strategic Credit Fund                                 | Oaktree Strategic Credit Fund                                                             | CUSIP: 67403AAG4<br>LEI: 2549006RRE0JC7G43241 | Long             | DBT              | CORP              | US        |   10088000 | PA      | $9903841.24   | 0.20%             | 2030-07-15      | Fixed         | 6.19%                 | No            |                  2 | On Loan: —       |
| STAR Trust                                                    | STAR Trust, Series 2021-SFR1, Class G                                                     | CUSIP: 85521DAN2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     800000 | PA      | $800119.84    | 0.02%             | 2038-04-17      | Floating      | 6.99%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31387KDB6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      11407 | PA      | $11796.64     | 0.00%             | 2031-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31384ACL0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |         28 | PA      | $29.42        | 0.00%             | 2029-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Turkiye Is Bankasi A/S                                        | Turkiye Is Bankasi A/S                                                                    | CUSIP: N/A<br>LEI: 789000FIRX9MDN0KTM91       | Long             | DBT              | CORP              | TR        |     640000 | PA      | $656569.63    | 0.01%             | 2029-06-12      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31382UMR4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        137 | PA      | $137.60       | 0.00%             | 2029-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Bolivarian Republic of Venezuela                              | Venezuela Government Bond                                                                 | CUSIP: N/A<br>LEI: 529900XM8PJTJK5OJI77       | Long             | DBT              | NUSS              | VE        |       9000 | PA      | $4657.50      | 0.00%             | 2026-10-21      | Fixed         | 11.75%                | Yes           |                  2 | On Loan: No      |
| GNMA                                                          | GNMA, Series 2024-197, Class GF                                                           | CUSIP: 38385BAP5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    4397378 | PA      | $4415179.68   | 0.09%             | 2054-12-20      | Floating      | 4.67%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                                  | Oracle Corp.                                                                              | CUSIP: 68389XBX2<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   14643000 | PA      | $8847037.61   | 0.18%             | 2050-04-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| First Quantum Minerals Ltd.                                   | First Quantum Minerals Ltd.                                                               | CUSIP: 335934AX3<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |     660000 | PA      | $672442.32    | 0.01%             | 2034-02-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| US Bank NA                                                    | US Bank NA, Series 2026-RVM1, Class C                                                     | CUSIP: 90355PAL0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2667000 | PA      | $2659500.13   | 0.05%             | 2046-12-25      | Fixed         | 5.59%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31391K2E6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |         90 | PA      | $94.40        | 0.00%             | 2033-01-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | FNMA, Strips, Series 305, Class 9                                                         | CUSIP: 31364JL50<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       4663 | PA      | $313.08       | 0.00%             | 2029-12-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| AASET MT-1 Ltd.                                               | AASET MT-1 Ltd., Series 2025-3A, Class A                                                  | CUSIP: 00039NAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3943832 | PA      | $3898029.70   | 0.08%             | 2050-02-16      | Fixed         | 5.24%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31391G3E4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       7639 | PA      | $7980.26      | 0.00%             | 2032-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| LPL Holdings, Inc.                                            | LPL Holdings, Inc.                                                                        | CUSIP: 50212YAF1<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |    7086000 | PA      | $6786894.77   | 0.14%             | 2031-05-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: —       |
| Interchile SA                                                 | Interchile SA                                                                             | CUSIP: N/A<br>LEI: 549300Y105FQQX6RCE16       | Long             | DBT              | CORP              | CL        |     700000 | PA      | $575660.54    | 0.01%             | 2056-06-30      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Rocket Mortgage LLC                                           | Rocket Mortgage LLC                                                                       | CUSIP: 74841CAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    8930000 | PA      | $8244739.48   | 0.17%             | 2031-03-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| American National Group, Inc.                                 | American National Group, Inc.                                                             | CUSIP: 02772AAA7<br>LEI: 549300RK5RZQ740FPL83 | Long             | DBT              | CORP              | US        |    3435000 | PA      | $3512798.08   | 0.07%             | 2032-06-13      | Fixed         | 6.14%                 | Yes           |                  2 | On Loan: —       |
| UPX HIL Issuer Trust                                          | UPX HIL Issuer Trust, Series 2025-1, Class A                                              | CUSIP: 916925AA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    8843613 | PA      | $8813877.28   | 0.18%             | 2047-01-25      | Fixed         | 5.16%                 | Yes           |                  2 | On Loan: No      |
| FHLMC                                                         | FHLMC, Multifamily Structured Pass-Through Certificates, Series K1522, Class X3           | CUSIP: 3137H4RJ1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    4400000 | PA      | $987986.78    | 0.02%             | 2036-11-25      | Variable      | 3.07%                 | No            |                  2 | On Loan: No      |
| Natixis Commercial Mortgage Securities Trust                  | Natixis Commercial Mortgage Securities Trust, Series 2018-ALXA, Class E                   | CUSIP: 63874GAL9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     800000 | PA      | $702716.88    | 0.01%             | 2043-01-15      | Variable      | 4.32%                 | Yes           |                  2 | On Loan: No      |
| Republic of Colombia                                          | Colombia Government Bond                                                                  | CUSIP: N/A<br>LEI: 549300MHDRBVRF6B9117       | Long             | DBT              | NUSS              | CO        | 2854800000 | PA      | $770204.75    | 0.02%             | 2033-02-09      | Fixed         | 13.25%                | No            |                  2 | On Loan: No      |
| Arab Republic of Egypt                                        | Egypt Government Bond                                                                     | CUSIP: N/A<br>LEI: 529900GFIVH4086NMH82       | Long             | DBT              | NUSS              | EG        |     575000 | PA      | $10568.43     | 0.00%             | 2027-08-13      | Fixed         | 25.32%                | No            |                  2 | On Loan: No      |
| GNMA                                                          | GNMA, Series 2024-30, Class LF                                                            | CUSIP: 38384JNF7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    4515527 | PA      | $4529143.14   | 0.09%             | 2054-02-20      | Floating      | 4.67%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31403RFD5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       9501 | PA      | $10006.57     | 0.00%             | 2033-12-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                         | Bank of America Corp.                                                                     | CUSIP: 06051GMM8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    4075000 | PA      | $4157048.25   | 0.08%             | 2036-01-24      | Variable      | 5.51%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 3140W0VA0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    9358406 | PA      | $9410777.62   | 0.19%             | 2055-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| United States of America                                      | U.S. Treasury Notes                                                                       | CUSIP: 91282CCS8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   33776000 | PA      | $29322449.65  | 0.59%             | 2031-08-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Lunar Aircraft Ltd.                                           | Lunar Aircraft Ltd., Series 2020-1A, Class A                                              | CUSIP: 55037LAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     169946 | PA      | $166937.16    | 0.00%             | 2045-02-15      | Fixed         | 3.38%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-3025.17     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BF Mortgage Trust                                             | BF Mortgage Trust, Series 2019-NYT, Class A                                               | CUSIP: 62954PAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4222000 | PA      | $4163090.01   | 0.08%             | 2035-12-15      | Floating      | 5.17%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31380PJE0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        237 | PA      | $245.03       | 0.00%             | 2028-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Ballyrock CLO 15 Ltd.                                         | Ballyrock CLO 15 Ltd., Series 2021-1A, Class D1R                                          | CUSIP: 05875TAS6<br>LEI: 254900DRHPTI08KKW784 | Long             | ABS-CBDO         | CORP              | KY        |    1000000 | PA      | $957550.00    | 0.02%             | 2038-01-15      | Floating      | 6.52%                 | Yes           |                  2 | On Loan: No      |
| FHLMC                                                         | FHLMC, REMIC, Series 5499, Class FQ                                                       | CUSIP: 3137HJX44<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   11027943 | PA      | $11098564.28  | 0.22%             | 2055-02-25      | Floating      | 4.81%                 | No            |                  2 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-61060.05    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                                      | U.S. Treasury Bonds                                                                       | CUSIP: 912810SQ2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    1465000 | PA      | $913793.75    | 0.02%             | 2040-08-15      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31385HQ88<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        615 | PA      | $635.97       | 0.00%             | 2030-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| loanDepot GMSR Trust                                          | loanDepot FAMSR Master Trust, Series 2025-FT1, Class A                                    | CUSIP: 53949HAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    7740000 | PA      | $7744367.60   | 0.16%             | 2030-12-19      | Floating      | 6.43%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $1695.16      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ORL Trust                                                     | ORL Trust, Series 2024-GLKS, Class D                                                      | CUSIP: 67120DAG0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1367000 | PA      | $1372974.34   | 0.03%             | 2039-12-15      | Floating      | 6.46%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31402KY24<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       4033 | PA      | $4236.42      | 0.00%             | 2033-09-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ELFI Graduate Loan Program LLC                                | ELFI Graduate Loan Program LLC, Series 2022-A, Class A                                    | CUSIP: 28628CAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1027878 | PA      | $1005931.75   | 0.02%             | 2047-08-26      | Fixed         | 4.51%                 | Yes           |                  2 | On Loan: No      |
| Boeing Co. (The)                                              | Boeing Co. (The)                                                                          | CUSIP: 097023CW3<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    8609000 | PA      | $8327830.58   | 0.17%             | 2050-05-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: —       |
| KKR CLO 48 Ltd.                                               | KKR CLO 48 Ltd., Series 48A, Class D1R                                                    | CUSIP: 48256EAW9<br>LEI: 549300GM4MA615ZG7468 | Long             | ABS-CBDO         | CORP              | JE        |    3000000 | PA      | $2957079.00   | 0.06%             | 2038-10-20      | Floating      | 6.83%                 | Yes           |                  2 | On Loan: No      |
| Global Atlantic Fin Co.                                       | Global Atlantic Fin Co.                                                                   | CUSIP: 37959GAG2<br>LEI: 98450051B2E65CAA7E94 | Long             | DBT              | CORP              | US        |    2118000 | PA      | $2041215.93   | 0.04%             | 2054-10-15      | Variable      | 7.95%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                          | FNMA, REMIC, Series 2024-82, Class FY                                                     | CUSIP: 3136BTGY3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    6017367 | PA      | $6051547.20   | 0.12%             | 2054-11-25      | Floating      | 4.96%                 | No            |                  2 | On Loan: No      |
| DataBank Issuer                                               | DataBank Issuer, Series 2026-1A, Class A2                                                 | CUSIP: 23802WAQ4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    8448000 | PA      | $8413327.72   | 0.17%             | 2056-02-25      | Fixed         | 5.81%                 | Yes           |                  2 | On Loan: No      |
| Turk Telekomunikasyon A/S                                     | Turk Telekomunikasyon A/S                                                                 | CUSIP: N/A<br>LEI: 789000A2TXOI10JZLF90       | Long             | DBT              | CORP              | TR        |     430000 | PA      | $434823.43    | 0.01%             | 2029-05-20      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| MidOcean Credit CLO XV Ltd.                                   | MidOcean Credit CLO XV Ltd., Series 2024-15A, Class D                                     | CUSIP: 59801FAJ2<br>LEI: 254900R5AXF91DYP1Y16 | Long             | ABS-CBDO         | CORP              | JE        |    2000000 | PA      | $1972084.00   | 0.04%             | 2037-07-21      | Floating      | 7.02%                 | Yes           |                  2 | On Loan: No      |
| Fontainebleau Miami Beach Mortgage Trust                      | Fontainebleau Miami Beach Mortgage Trust, Series 2024-FBLU, Class F                       | CUSIP: 34461WAL4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4945000 | PA      | $4976175.26   | 0.10%             | 2039-12-15      | Floating      | 7.92%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31384VZB1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        658 | PA      | $680.32       | 0.00%             | 2030-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31390PT49<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       3005 | PA      | $3131.34      | 0.00%             | 2032-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BBVA Mexico SA Institucion de Banca Multiple Grupo Financiero | BBVA Mexico SA Institucion de Banca Multiple Grupo Financiero                             | CUSIP: 07336UAA1<br>LEI: 549300WIWQK5Q9MCUN92 | Long             | DBT              | CORP              | MX        |    1047000 | PA      | $1126519.65   | 0.02%             | 2038-06-29      | Variable      | 8.45%                 | Yes           |                  2 | On Loan: No      |
| United States of America                                      | U.S. Treasury Notes                                                                       | CUSIP: 91282CPJ4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   43864000 | PA      | $42791388.34  | 0.87%             | 2035-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| STAR Trust                                                    | STAR Trust, Series 2022-SFR3, Class F                                                     | CUSIP: 78474PAN7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     988230 | PA      | $991993.15    | 0.02%             | 2039-05-17      | Floating      | 8.18%                 | Yes           |                  2 | On Loan: No      |
| BRAVO Residential Funding Trust                               | BRAVO Residential Funding Trust, Series 2020-RPL2, Class A1                               | CUSIP: 10569BAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     920635 | PA      | $868296.09    | 0.02%             | 2059-05-25      | Variable      | 2.00%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31389FF56<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        234 | PA      | $241.89       | 0.00%             | 2032-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31371KDL2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       2354 | PA      | $2435.54      | 0.00%             | 2031-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Bear Stearns ARM Trust                                        | Bear Stearns ARM Trust, Series 2003-9, Class 3A3                                          | CUSIP: 07384MC75<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     268330 | PA      | $251577.73    | 0.01%             | 2034-02-25      | Variable      | 4.85%                 | No            |                  2 | On Loan: No      |
| Jefferies Financial Group, Inc.                               | Jefferies Financial Group, Inc.                                                           | CUSIP: 47233WLL1<br>LEI: 549300HOF34RGOJ5YL07 | Long             | DBT              | CORP              | US        |    9589000 | PA      | $9209108.56   | 0.19%             | 2036-02-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Suriname Government International Bond                        | Suriname Government Bond                                                                  | CUSIP: 86886PAF9<br>LEI: 254900SYU4G5JM13TN77 | Long             | DBT              | NUSS              | SR        |     400000 | PA      | $412742.00    | 0.01%             | 2035-11-06      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Banco do Brasil SA                                            | Banco do Brasil SA                                                                        | CUSIP: N/A<br>LEI: QE0Q0253K88YAGNPE356       | Long             | DBT              | CORP              | BR        |     700000 | PA      | $713252.40    | 0.01%             | 2030-04-18      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| MV24 Capital BV                                               | MV24 Capital BV                                                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | NL        |     485821 | PA      | $485194.49    | 0.01%             | 2034-06-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Romania                                                       | Romania Government Bond                                                                   | CUSIP: N/A<br>LEI: 315700IASY927EDWBK92       | Long             | DBT              | NUSS              | RO        |     570000 | PA      | $129142.64    | 0.00%             | 2033-10-30      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| Eaton Vance Short Duration Income ETF                         | Eaton Vance Short Duration Income ETF                                                     | CUSIP: 61774R825<br>LEI: 254900H1WCGW58VEGZ62 | Long             |  | RF                | US        |     235000 | NS      | $11970900.00  | 0.24%             |  |  |  | No            |                  1 | On Loan: —       |
| Bolivarian Republic of Venezuela                              | Venezuela Government Bond                                                                 | CUSIP: N/A<br>LEI: 529900XM8PJTJK5OJI77       | Long             | DBT              | NUSS              | VE        |      19500 | PA      | $10042.50     | 0.00%             | 2031-08-05      | Fixed         | 11.95%                | Yes           |                  2 | On Loan: No      |
| MF1X                                                          | MF1X, Series 2021-W10, Class F                                                            | CUSIP: 55284DAQ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |    1500000 | PA      | $1497907.80   | 0.03%             | 2034-12-15      | Floating      | 7.04%                 | Yes           |                  2 | On Loan: No      |
| KBC Group NV                                                  | KBC Group NV                                                                              | CUSIP: 48241FAE4<br>LEI: 213800X3Q9LSAKRUWY91 | Long             | DBT              | CORP              | BE        |    7675000 | PA      | $7557303.49   | 0.15%             | 2031-09-23      | Variable      | 4.45%                 | Yes           |                  2 | On Loan: —       |
| Oportun Funding Trust                                         | Oportun Funding Trust, Series 2024-3, Class B                                             | CUSIP: 68377NAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     800082 | PA      | $800671.65    | 0.02%             | 2029-08-15      | Fixed         | 5.48%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31388J3B9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       3588 | PA      | $3724.16      | 0.00%             | 2031-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31371GRS1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       1170 | PA      | $1209.49      | 0.00%             | 2028-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Republic of Srpska International Government Bond              | Republic of Srpska International Government Bond                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | NUSS              | BA        |     200000 | PA      | $232353.58    | 0.00%             | 2031-04-02      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| BAHA Trust                                                    | BAHA Trust, Series 2024-MAR, Class C                                                      | CUSIP: 05493XAG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   12428000 | PA      | $12812211.62  | 0.26%             | 2041-12-10      | Variable      | 7.01%                 | Yes           |                  2 | On Loan: No      |
| Nuveen LLC                                                    | Nuveen LLC                                                                                | CUSIP: 67080LAD7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4012000 | PA      | $4146631.17   | 0.08%             | 2034-04-15      | Fixed         | 5.85%                 | Yes           |                  2 | On Loan: No      |
| Riyad Sukuk Ltd.                                              | Riyad Sukuk Ltd.                                                                          | CUSIP: N/A<br>LEI: 549300P8GI2KKEMZUH97       | Long             | DBT              | CORP              | KY        |     278000 | PA      | $276410.86    | 0.01%             | 2035-07-14      | Variable      | 6.21%                 | Yes           |                  2 | On Loan: No      |
| Bolivarian Republic of Venezuela                              | Venezuela Government Bond                                                                 | CUSIP: N/A<br>LEI: 529900XM8PJTJK5OJI77       | Long             | DBT              | NUSS              | VE        |     267000 | PA      | $110137.50    | 0.00%             | 2019-10-13      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| FHLMC                                                         | FHLMC STACR REMIC Trust, Series 2021-DNA7, Class B2                                       | CUSIP: 35564KNE5<br>LEI: 5493000ISOMSKCX2AW62 | Long             | ABS-MBS          | CORP              | US        |    8365000 | PA      | $8693300.32   | 0.18%             | 2041-11-25      | Floating      | 11.46%                | Yes           |                  2 | On Loan: No      |
| NYC Commercial Mortgage Trust                                 | NYC Commercial Mortgage Trust, Series 2025-3BP, Class E                                   | CUSIP: 67120UAN7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    5655000 | PA      | $5673792.70   | 0.11%             | 2042-02-15      | Floating      | 7.21%                 | Yes           |                  2 | On Loan: No      |
| HAT Holdings I LLC                                            | HAT Holdings I LLC                                                                        | CUSIP: 418751AD5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4798000 | PA      | $4418670.89   | 0.09%             | 2030-09-15      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31383CT96<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        622 | PA      | $642.81       | 0.00%             | 2029-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-31595.45    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31385JQA9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |         56 | PA      | $58.38        | 0.00%             | 2032-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                          | UMBS, 30 Year                                                                             | CUSIP: 31387VU80<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       1894 | PA      | $1958.29      | 0.00%             | 2031-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Great Wolf Trust                                              | Great Wolf Trust, Series 2024-WOLF, Class A                                               | CUSIP: 39152MAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1370000 | PA      | $1371055.59   | 0.03%             | 2039-03-15      | Floating      | 5.21%                 | Yes           |                  2 | On Loan: No      |
| Longfor Group Holdings Ltd.                                   | Longfor Group Holdings Ltd.                                                               | CUSIP: N/A<br>LEI: 254900UJX27B2F1JYR13       | Long             | DBT              | CORP              | KY        |     480000 | PA      | $380612.01    | 0.01%             | 2029-09-16      | Fixed         | 3.95%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                           | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-260.46      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| VoltaGrid LLC                                                 | VoltaGrid LLC                                                                             | CUSIP: 92874BAA3<br>LEI: 254900R5BEUGIKK1FM03 | Long             | DBT              | CORP              | US        |   10913000 | PA      | $11276064.60  | 0.23%             | 2030-11-01      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| SERVPRO Master Issuer LLC                                     | SERVPRO Master Issuer LLC, Series 2021-1A, Class A2                                       | CUSIP: 817743AE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    5718810 | PA      | $5440613.91   | 0.11%             | 2051-04-25      | Fixed         | 2.39%                 | Yes           |                  2 | On Loan: No      |
| Banc of America Alternative Loan Trust                        | Banc of America Alternative Loan Trust, Series 2006-7, Class A6                           | CUSIP: 059469AF3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     361618 | PA      | $94458.90     | 0.00%             | 2036-10-25      | Variable      | 6.36%                 | No            |                  2 | On Loan: No      |
| GNMA                                                          | GNMA I, 30 Year                                                                           | CUSIP: 3622A2VP4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     107654 | PA      | $113578.02    | 0.00%             | 2040-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| TELUS Corp.                                                   | TELUS Corp.                                                                               | CUSIP: 87971MCQ4<br>LEI: 894500TX134IMF6NW757 | Long             | DBT              | CORP              | CA        |   20335000 | PA      | $20137898.95  | 0.41%             | 2056-06-09      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| N/A                                                           | NDIRS                                                                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |    4600000 | PA      | $-3820.39     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ACHV ABS Trust                                                | ACHV ABS Trust, Series 2024-3AL, Class B                                                  | CUSIP: 00092KAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     903287 | PA      | $909768.30    | 0.02%             | 2031-12-26      | Fixed         | 5.45%                 | Yes           |                  2 | On Loan: No      |
| Republic of Kenya                                             | Kenya Government Bond                                                                     | CUSIP: N/A<br>LEI: 549300VVURQQYU45PR87       | Long             | DBT              | NUSS              | KE        |     300000 | PA      | $273079.22    | 0.01%             | 2034-02-26      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: —       |
| Romania                                                       | Romania Government Bond                                                                   | CUSIP: N/A<br>LEI: 315700IASY927EDWBK92       | Long             | DBT              | NUSS              | RO        |     130000 | PA      | $28811.56     | 0.00%             | 2035-04-25      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-30

**Name of Applicant:** Morgan Stanley ETF Trust

**Signature:** James F. Kirchner

**Name of Signer:** James F. Kirchner

**Title:** Principal Financial Officer