# EDGAR Filing Document

**Accession Number:** 0001547580
**File Stem:** 0001004726-26-001285
**Filing Date:** 2026-2
**Character Count:** 188553
**Document Hash:** b4ec66aa2a45d7d333d288b59263e162
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001004726-26-001285.hdr.sgml**: 20260227

**ACCESSION NUMBER**: 0001004726-26-001285

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260227

**DATE AS OF CHANGE**: 20260227

**PERIOD START**: 20260630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Victory Portfolios II
- **CENTRAL INDEX KEY:** 0001547580

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22696
- **FILM NUMBER:** 26694449

**BUSINESS ADDRESS:**
- **STREET 1:** 4900 TIEDEMAN ROAD, 4TH FLOOR
- **CITY:** BROOKLYN
- **STATE:** OH
- **ZIP:** 44144
- **BUSINESS PHONE:** 216-898-2411

**MAIL ADDRESS:**
- **STREET 1:** 4900 TIEDEMAN ROAD, 4TH FLOOR
- **CITY:** BROOKLYN
- **STATE:** OH
- **ZIP:** 44144

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Compass EMP Funds Trust
- **DATE OF NAME CHANGE:** 20120417

## Series and Classes Contracts Data

### VictoryShares Corporate Bond ETF, formerly VictoryShares ESG Corporate Bond ETF (Series ID: S000073697)

| Class ID   | Class Name                       | Ticker Symbol   |
|:---|:---|:---|
| C000230773 | VictoryShares Corporate Bond ETF | UCRD            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Victory Portfolios II

- **b. Investment Company Act file number:** 811-22696

- **c. CIK number of Registrant:** 0001547580

- **d. LEI of Registrant:** 5493002SUQLUY3T5P040

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

  - **Street Address 1:** 15935 La Cantera Parkway Building Two

  - **City:** San Antonio

  - **State:** TX

  - **Foreign country:** US

  - **Zip / Postal Code:** 78256

  - **Telephone number:** 800-539-3863

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

- **a. Name of Series:** VictoryShares Corporate Bond ETF

- **b. EDGAR series identifier (if any):** S000073697

- **c. LEI of Series:** 549300KWMTK88G1WP504

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

- **a. Date of fiscal year-end:** 2026-06-30

- **b. Date as of which information is reported:** 2025-12-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $151695704.15

**Total Liabilities:** $4215131.81

**Net Assets:** $147480572.34

**Cash Not Reported:** $445074.42

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -207.53796569 | **1-Year:** -5653.66278907 | **5-Year:** -28624.96835116 | **10-Year:** -35644.21761785 | **30-Year:** -17956.55832132

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

- **3-Month:** -18.96593109 | **1-Year:** -392.18111760 | **5-Year:** -657.47302078 | **10-Year:** -510.28195539 | **30-Year:** -260.50911106

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000230773 | 0.43%                | 0.65%                | -0.24%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-24318.96               | $163289.94                                 |
| Month 2  | $-132953.31              | $618343.82                                 |
| Month 3  | $16582.43                | $-894665.35                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ALLY FINANCIAL INC.                                          | ALLY FINANCIAL INC                                 | CUSIP: 02005NBR0<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |    278000 | PA      | $292051.05    | 0.20%             | 2027-11-15      | Fixed         | 7.10%                 | No            |                  2 | On Loan: No      |
| METLIFE, INC.                                                | METLIFE INC                                        | CUSIP: 59156RBD9<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |    500000 | PA      | $427035.00    | 0.29%             | 2042-08-13      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC.                                                | BROADCOM INC                                       | CUSIP: 11135FCR0<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $881125.44    | 0.60%             | 2033-02-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| THE CIGNA GROUP                                              | CIGNA GROUP THE                                    | CUSIP: 125523CZ1<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |    225000 | PA      | $228906.82    | 0.16%             | 2036-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH BANK OF AUSTRALIA                               | COMMONWEALTH BANK OF AUSTRALIA                     | CUSIP: 202712BN4<br>LEI: MSFSBD3QN1GSN7Q6C537 | Long             | DBT              | CORP              | AU        |    500000 | PA      | $454876.01    | 0.31%             | 2031-03-11      | Fixed         | 2.69%                 | Yes           |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE EQUITIES, INC.                        | ALEXANDRIA REAL ESTATE EQUITIES INC                | CUSIP: 015271BE8<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              | CORP              | US        |    270000 | PA      | $274508.81    | 0.19%             | 2035-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SOLVENTUM CORPORATION                                        | SOLVENTUM CORP                                     | CUSIP: 83444MAQ4<br>LEI: 254900I70403OSGY4M28 | Long             | DBT              | CORP              | US        |     75000 | PA      | $78301.50     | 0.05%             | 2031-03-13      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINANCIAL COMPANY, INC.                       | GENERAL MOTORS FINANCIAL CO INC                    | CUSIP: 37045XEV4<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    300000 | PA      | $314244.84    | 0.21%             | 2034-04-04      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| United States of America                                     | U S TREASURY BOND                                  | CUSIP: 912810SE9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    500000 | PA      | $397265.63    | 0.27%             | 2048-11-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| ALBEMARLE CORPORATION                                        | ALBEMARLE CORP                                     | CUSIP: 012653AD3<br>LEI: HDBLS2Q6GV1LSKQPBS54 | Long             | DBT              | CORP              | US        |    250000 | PA      | $251663.00    | 0.17%             | 2027-06-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| DENTSPLY SIRONA INC.                                         | DENTSPLY SIRONA INC                                | CUSIP: 24906PAB5<br>LEI: 9NHEHR1SOZCYXDO8HO28 | Long             | DBT              | CORP              | US        |    120000 | PA      | $112451.24    | 0.08%             | 2055-09-12      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD ASSET MANAGEMENT LTD.                             | BROOKFIELD ASSET MANAGEMENT LTD                    | CUSIP: 112586AB8<br>LEI: 549300CZ84WPNJZKY093 | Long             | DBT              | CORP              | CA        |    114000 | PA      | $116994.78    | 0.08%             | 2055-09-15      | Fixed         | 6.08%                 | No            |                  2 | On Loan: No      |
| DCP MIDSTREAM OPERATING, LP                                  | DCP MIDSTREAM OPERATING                            | CUSIP: 23311VAF4<br>LEI: 549300Y6CTBSE0QIPL28 | Long             | DBT              | CORP              | US        |    250000 | PA      | $241888.46    | 0.16%             | 2044-04-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| HCA INC.                                                     | HCA INC                                            | CUSIP: 404119BZ1<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    500000 | PA      | $452610.20    | 0.31%             | 2049-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| AON NORTH AMERICA, INC.                                      | AON NORTH AMERICA INC                              | CUSIP: 03740MAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $311944.03    | 0.21%             | 2034-03-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| ArcelorMittal SA                                             | ARCELORMITTAL SA                                   | CUSIP: 03938LBF0<br>LEI: 2EULGUTUI56JI9SAL165 | Long             | DBT              | CORP              | LU        |    250000 | PA      | $280017.55    | 0.19%             | 2032-11-29      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| WILLIS NORTH AMERICA INC.                                    | WILLIS NORTH AMERICA INC                           | CUSIP: 970648AQ4<br>LEI: 5493004KVU1HWZCP0C66 | Long             | DBT              | CORP              | US        |    143000 | PA      | $143132.62    | 0.10%             | 2036-03-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Philip Morris International Inc.                             | PHILIP MORRIS INTERNATIONAL INC                    | CUSIP: 718172DE6<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    500000 | PA      | $530262.59    | 0.36%             | 2033-09-07      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| UNIVERSAL HEALTH SERVICES, INC.                              | UNIVERSAL HEALTH SERVICES INC                      | CUSIP: 913903AY6<br>LEI: 549300YGMGQDO0NMJD09 | Long             | DBT              | CORP              | US        |    191000 | PA      | $168703.84    | 0.11%             | 2032-01-15      | Fixed         | 2.65%                 | Yes           |                  2 | On Loan: No      |
| SMITH & NEPHEW PLC                                           | SMITH NEPHEW PLC                                   | CUSIP: 83192PAD0<br>LEI: 213800ZTMDN8S67S1H61 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $103272.92    | 0.07%             | 2034-03-20      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| NORTHERN TRUST CORPORATION                                   | NORTHERN TRUST CORP                                | CUSIP: 665859AX2<br>LEI: 549300GLF98S992BC502 | Long             | DBT              | CORP              | US        |    500000 | PA      | $545318.19    | 0.37%             | 2032-11-02      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| OWENS CORNING                                                | OWENS CORNING                                      | CUSIP: 690742AQ4<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | DBT              | CORP              | US        |    300000 | PA      | $304363.64    | 0.21%             | 2054-06-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: —       |
| STEWART INFORMATION SERVICES CORPORATION                     | STEWART INFORMATION SERVICES CORP                  | CUSIP: 86038AAA0<br>LEI: 529900TV1XI0PLKENU10 | Long             | DBT              | CORP              | US        |    250000 | PA      | $221009.29    | 0.15%             | 2031-11-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| HF SINCLAIR CORPORATION                                      | HF SINCLAIR CORP                                   | CUSIP: 403949AS9<br>LEI: 2549009G116AM01XHN24 | Long             | DBT              | CORP              | US        |    250000 | PA      | $260983.84    | 0.18%             | 2035-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BLUE OWL FINANCE LLC                                         | BLUE OWL FINANCE LLC                               | CUSIP: 09581JAR7<br>LEI: 254900OF2NO2GYFV5T41 | Long             | DBT              | CORP              | US        |    250000 | PA      | $226494.91    | 0.15%             | 2031-06-10      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Open Text Corporation                                        | OPEN TEXT CORP                                     | CUSIP: 683715AF3<br>LEI: 549300HP7ONDQODZJV16 | Long             | DBT              | CORP              | CA        |    338000 | PA      | $351597.78    | 0.24%             | 2027-12-01      | Fixed         | 6.90%                 | Yes           |                  2 | On Loan: No      |
| JAB Holdings B.V.                                            | JAB HOLDINGS BV                                    | CUSIP: 46653KAC2<br>LEI: 529900RRNKUM3INJGF98 | Long             | DBT              | CORP              | NL        |    250000 | PA      | $194398.80    | 0.13%             | 2052-04-08      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY COMPANY LLC                          | ONCOR ELECTRIC DELIVERY CO LLC                     | CUSIP: 68233JBB9<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |    500000 | PA      | $391645.00    | 0.27%             | 2045-04-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Trust Group, Inc.                            | SUMITOMO MITSUI TRUST GROUP INC                    | CUSIP: 86566AAA0<br>LEI: 353800P843RLCDBLNT17 | Long             | DBT              | CORP              | JP        |    207000 | PA      | $207879.76    | 0.14%             | 2036-09-11      | Fixed         | 5.42%                 | Yes           |                  2 | On Loan: No      |
| PHILLIPS 66 COMPANY                                          | PHILLIPS 66 CO                                     | CUSIP: 718547AN2<br>LEI: RVJMT2IZVVSKIRJJBH76 | Long             | DBT              | CORP              | US        |    250000 | PA      | $218367.88    | 0.15%             | 2046-10-01      | Fixed         | 4.90%                 | Yes           |                  2 | On Loan: No      |
| ITC HOLDINGS CORP.                                           | ITC HOLDINGS CORP                                  | CUSIP: 465685AP0<br>LEI: 549300HTO5U9D3SLE207 | Long             | DBT              | CORP              | US        |    500000 | PA      | $494314.89    | 0.34%             | 2027-11-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                                             | VIACOMCBS INC                                      | CUSIP: 124857AT0<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    445000 | PA      | $432401.07    | 0.29%             | 2028-02-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| COMCAST CORPORATION                                          | COMCAST CORP                                       | CUSIP: 20030NEJ6<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    300000 | PA      | $309171.30    | 0.21%             | 2034-06-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| GULFSTREAM NATURAL GAS SYSTEM, L.L.C.                        | GULFSTREAM NATURAL GAS SYSTEM LLC                  | CUSIP: 402740AG9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    260000 | PA      | $266460.43    | 0.18%             | 2035-07-23      | Fixed         | 5.60%                 | Yes           |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS INC.                                  | VERIZON COMMUNICATIONS                             | CUSIP: 92343VFR0<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    750000 | PA      | $659859.61    | 0.45%             | 2031-01-20      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| DAIMLER TRUCK FINANCE NORTH AMERICA LLC                      | DAIMLER TRUCK FINANCE NORTH AMERICA LLC            | CUSIP: 233853BA7<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |    200000 | PA      | $204152.67    | 0.14%             | 2034-06-25      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| NEW YORK LIFE GLOBAL FUNDING                                 | NEW YORK LIFE GLOBAL FUNDING                       | CUSIP: 64952WEG4<br>LEI: 635400DPNHEAUHB7ZI15 | Long             | DBT              | CORP              | US        |    500000 | PA      | $438722.31    | 0.30%             | 2031-08-01      | Fixed         | 1.85%                 | Yes           |                  2 | On Loan: No      |
| CLECO POWER LLC                                              | CLECO POWER LLC                                    | CUSIP: 185508AJ7<br>LEI: TM1ZH54SJKLNHFCBFK92 | Long             | DBT              | CORP              | US        |    235000 | PA      | $236619.18    | 0.16%             | 2036-01-15      | Fixed         | 5.30%                 | Yes           |                  2 | On Loan: No      |
| United States of America                                     | U S TREASURY NOTE                                  | CUSIP: 91282CNT4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    120000 | PA      | $120956.25    | 0.08%             | 2035-08-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ORACLE CORPORATION                                           | ORACLE CORP                                        | CUSIP: 68389XBH7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    320000 | PA      | $267316.45    | 0.18%             | 2036-07-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| COTY INC.                                                    | COTY INC HFC PRESTIGE PRODUCTS INC                 | CUSIP: 22207AAC6<br>LEI: 549300BO9IWPF3S48F93 | Long             | DBT              | CORP              | US        |     47000 | PA      | $47426.29     | 0.03%             | 2031-01-15      | Fixed         | 5.60%                 | Yes           |                  2 | On Loan: No      |
| WISCONSIN PUBLIC SERVICE CORPORATION                         | WISCONSIN PUBLIC SERVICE CORP                      | CUSIP: 976843BN1<br>LEI: 549300BJRHJVYNUMQZ30 | Long             | DBT              | CORP              | US        |    250000 | PA      | $157791.56    | 0.11%             | 2051-12-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| LEIDOS, INC.                                                 | LEIDOS INC                                         | CUSIP: 52532XAJ4<br>LEI: 5493006I78VIN6J1BQ95 | Long             | DBT              | CORP              | US        |    250000 | PA      | $264894.65    | 0.18%             | 2033-03-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| LEIDOS, INC.                                                 | LEIDOS INC                                         | CUSIP: 52532XAL9<br>LEI: 5493006I78VIN6J1BQ95 | Long             | DBT              | CORP              | US        |    150000 | PA      | $155822.34    | 0.11%             | 2035-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| LG ENERGY SOLUTION, LTD.                                     | LG ENERGY SOLUTION LTD                             | CUSIP: 50205MAD1<br>LEI: 988400QX6P286XA6ZS85 | Long             | DBT              | CORP              | KR        |    200000 | PA      | $204808.61    | 0.14%             | 2029-07-02      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| GENUINE PARTS COMPANY                                        | GENUINE PARTS CO                                   | CUSIP: 372460AE5<br>LEI: 549300D46DQVEU651W04 | Long             | DBT              | CORP              | US        |    175000 | PA      | $184960.02    | 0.13%             | 2028-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| B.A.T CAPITAL CORPORATION                                    | BAT CAPITAL CORP                                   | CUSIP: 05526DBS3<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    300000 | PA      | $276504.05    | 0.19%             | 2031-03-25      | Fixed         | 2.73%                 | No            |                  2 | On Loan: No      |
| United States of America                                     | U S TREASURY BOND                                  | CUSIP: 912810TT5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1350000 | PA      | $1200234.38   | 0.81%             | 2053-08-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| SOUTH BOW USA INFRASTRUCTURE HOLDINGS LLC                    | SOUTH BOW USA INFRASTRUCTURE HOLDINGS LLC          | CUSIP: 83007CAF9<br>LEI: 254900Z1WAY7QFQ7O850 | Long             | DBT              | CORP              | US        |    230000 | PA      | $232428.09    | 0.16%             | 2034-10-01      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| PROTECTIVE LIFE GLOBAL FUNDING                               | PROTECTIVE LIFE GLOBAL FUNDING                     | CUSIP: 74368CBV5<br>LEI: 635400EVYITCJYWL2I50 | Long             | DBT              | CORP              | US        |    300000 | PA      | $310546.31    | 0.21%             | 2028-12-08      | Fixed         | 5.47%                 | Yes           |                  2 | On Loan: No      |
| THE KROGER CO.                                               | KROGER CO THE                                      | CUSIP: 501044DW8<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | DBT              | CORP              | US        |    350000 | PA      | $334705.00    | 0.23%             | 2054-09-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CARLISLE COMPANIES INCORPORATED                              | CARLISLE COS INC                                   | CUSIP: 142339AM2<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | DBT              | CORP              | US        |     55000 | PA      | $55691.62     | 0.04%             | 2040-09-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| SK hynix Inc.                                                | SK HYNIX INC                                       | CUSIP: 78392BAH0<br>LEI: 988400XAIK6XISWQV045 | Long             | DBT              | CORP              | KR        |    200000 | PA      | $206738.86    | 0.14%             | 2029-01-16      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| MOTOROLA SOLUTIONS, INC.                                     | MOTOROLA SOLUTIONS INC                             | CUSIP: 620076CC1<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | DBT              | CORP              | US        |    240000 | PA      | $249466.33    | 0.17%             | 2035-08-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| SYSCO CORPORATION                                            | SYSCO CORP                                         | CUSIP: 871829BQ9<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | DBT              | CORP              | US        |    500000 | PA      | $447875.92    | 0.30%             | 2031-12-14      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| VALERO ENERGY CORPORATION                                    | VALERO ENERGY CORP                                 | CUSIP: 91913YBF6<br>LEI: 549300XTO5VR8SKV1V74 | Long             | DBT              | CORP              | US        |    265000 | PA      | $272856.23    | 0.19%             | 2030-02-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| SOLVENTUM CORPORATION                                        | SOLVENTUM CORP                                     | CUSIP: 83444MAR2<br>LEI: 254900I70403OSGY4M28 | Long             | DBT              | CORP              | US        |     75000 | PA      | $78183.00     | 0.05%             | 2034-03-23      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| META PLATFORMS, INC.                                         | META PLATFORMS INC                                 | CUSIP: 30303M8X3<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146154.00    | 0.10%             | 2045-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Alcoa Nederland Holding B.V.                                 | ALCOA NEDERLAND HOLDING BV                         | CUSIP: 013822AH4<br>LEI: 5493000UL1QLQLT1VQ42 | Long             | DBT              | CORP              | NL        |     37000 | PA      | $39278.02     | 0.03%             | 2031-03-15      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| BANK OF NEW ZEALAND                                          | BANK OF NEW ZEALAND                                | CUSIP: 06407EAF2<br>LEI: N7LGVZM7X4UQ66T7LT74 | Long             | DBT              | CORP              | NZ        |    250000 | PA      | $228175.86    | 0.15%             | 2032-01-27      | Fixed         | 2.87%                 | Yes           |                  2 | On Loan: No      |
| CHURCH & DWIGHT CO., INC.                                    | CHURCH DWIGHT CO INC                               | CUSIP: 17136MAA0<br>LEI: POOXSI30AWAQGYJZC921 | Long             | DBT              | CORP              | US        |    250000 | PA      | $222126.02    | 0.15%             | 2031-12-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| United States of America                                     | U S TREASURY NOTE                                  | CUSIP: 91282CGC9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    100000 | PA      | $100750.00    | 0.07%             | 2027-12-31      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK AG NEW YORK BRANCH                             | DEUTSCHE BANK NY                                   | CUSIP: 251526BN8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $502135.58    | 0.34%             | 2032-12-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO.                                         | JPMORGAN CHASE CO                                  | CUSIP: 46647PCE4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $710660.00    | 0.48%             | 2052-04-22      | Fixed         | 3.33%                 | No            |                  2 | On Loan: No      |
| U.S. BANCORP                                                 | US BANCORP                                         | CUSIP: 91159HJM3<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    250000 | PA      | $259987.50    | 0.18%             | 2029-06-12      | Fixed         | 5.78%                 | No            |                  2 | On Loan: No      |
| SkyMiles IP Ltd.                                             | DELTA AIR LINES SKYMILES                           | CUSIP: 830867AB3<br>LEI: 2549008L7P4I8VB90936 | Long             | DBT              | CORP              | KY        |    250000 | PA      | $251513.02    | 0.17%             | 2028-10-20      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| AMERICAN EXPRESS COMPANY                                     | AMERICAN EXPRESS CO                                | CUSIP: 025816EM7<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    420000 | PA      | $415169.48    | 0.28%             | 2036-10-24      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| COTERRA ENERGY INC.                                          | COTERRA ENERGY INC                                 | CUSIP: 127097AM5<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | DBT              | CORP              | US        |    450000 | PA      | $456864.26    | 0.31%             | 2035-02-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB COMPANY                                 | BRISTOL MYERS SQUIBB CO                            | CUSIP: 110122DZ8<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    148000 | PA      | $161603.63    | 0.11%             | 2033-11-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| WESTLAKE CORPORATION                                         | WESTLAKE CORP                                      | CUSIP: 960413BB7<br>LEI: GOXNEVUM0LL78B1OS344 | Long             | DBT              | CORP              | US        |    275000 | PA      | $275673.75    | 0.19%             | 2035-11-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: —       |
| United States of America                                     | U S TREASURY BOND                                  | CUSIP: 912810UM8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    450000 | PA      | $444375.00    | 0.30%             | 2055-08-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| SYNCHRONY FINANCIAL                                          | SYNCHRONY FINANCIAL                                | CUSIP: 87165BAV5<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |    200000 | PA      | $208087.26    | 0.14%             | 2030-08-02      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| HUMANA INC.                                                  | HUMANA INC                                         | CUSIP: 444859CD2<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |    250000 | PA      | $255143.71    | 0.17%             | 2035-05-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                     | LLOYDS BANKING GROUP PLC                           | CUSIP: 53944YAP8<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |   1000000 | PA      | $990805.25    | 0.67%             | 2027-05-11      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE EQUITIES, INC.                        | ALEXANDRIA REAL ESTATE EQUITIES INC                | CUSIP: 015271AZ2<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              | CORP              | US        |    500000 | PA      | $339575.21    | 0.23%             | 2052-03-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS SA                                               | BNP PARIBAS SA                                     | CUSIP: 05581KAC5<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    500000 | PA      | $501754.83    | 0.34%             | 2027-03-13      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| VAR ENERGI ASA                                               | VAR ENERGI ASA                                     | CUSIP: 92212WAG5<br>LEI: 549300LIVN3FFOJN2K47 | Long             | DBT              | CORP              | NO        |    200000 | PA      | $211327.14    | 0.14%             | 2035-05-22      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| CNO GLOBAL FUNDING                                           | CNO GLOBAL FUNDING                                 | CUSIP: 18977W2J8<br>LEI: 6354008GTNR4833ULD48 | Long             | DBT              | CORP              | US        |    300000 | PA      | $300662.48    | 0.20%             | 2030-12-11      | Fixed         | 4.70%                 | Yes           |                  2 | On Loan: No      |
| THE J. M. SMUCKER COMPANY                                    | J M SMUCKER CO THE                                 | CUSIP: 832696AZ1<br>LEI: 5493000WDH6A0LHDJD55 | Long             | DBT              | CORP              | US        |    225000 | PA      | $243463.22    | 0.17%             | 2053-11-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| United States of America                                     | UNITED STATES TREASURY BOND                        | CUSIP: 912810RM2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    750000 | PA      | $577968.75    | 0.39%             | 2045-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CF INDUSTRIES, INC.                                          | CF INDUSTRIES INC                                  | CUSIP: 12527GAL7<br>LEI: 5FVKT86LAD2F40NPC183 | Long             | DBT              | CORP              | US        |    235000 | PA      | $234407.61    | 0.16%             | 2035-11-26      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| B.A.T CAPITAL CORPORATION                                    | BAT CAPITAL CORP                                   | CUSIP: 054989AB4<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    200000 | PA      | $220778.00    | 0.15%             | 2033-08-02      | Fixed         | 6.42%                 | No            |                  2 | On Loan: No      |
| SIMON PROPERTY GROUP, L.P.                                   | SIMON PROPERTY GROUP INC                           | CUSIP: 828807DQ7<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              | CORP              | US        |    250000 | PA      | $220722.84    | 0.15%             | 2032-01-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| THE PNC FINANCIAL SERVICES GROUP, INC.                       | PNC FINANCIAL SERVICES GROUP INC THE               | CUSIP: 693475BW4<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    250000 | PA      | $263561.68    | 0.18%             | 2035-01-22      | Fixed         | 5.68%                 | No            |                  2 | On Loan: No      |
| O'Reilly Automotive, Inc.                                    | O REILLY AUTOMOTIVE INC                            | CUSIP: 67103HAN7<br>LEI: 549300K2RLMQL149Q332 | Long             | DBT              | CORP              | US        |    350000 | PA      | $352541.64    | 0.24%             | 2034-08-19      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                                                 | CREDIT SUISEE GROUP AG                             | CUSIP: 225401AC2<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    217000 | PA      | $217324.89    | 0.15%             | 2028-01-09      | Fixed         | 4.28%                 | Yes           |                  2 | On Loan: No      |
| MATTEL, INC.                                                 | MATTEL INC                                         | CUSIP: 577081BF8<br>LEI: 549300VELLG24KHTJ564 | Long             | DBT              | CORP              | US        |    320000 | PA      | $312139.60    | 0.21%             | 2029-04-01      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| Ferguson Finance Plc                                         | FERGUSON FINANCE PLC                               | CUSIP: 314890AB0<br>LEI: 2138003A7ZEU931DZL61 | Long             | DBT              | CORP              | GB        |    250000 | PA      | $238606.30    | 0.16%             | 2030-06-02      | Fixed         | 3.25%                 | Yes           |                  2 | On Loan: —       |
| CAPITAL ONE FINANCIAL CORPORATION                            | CAPITAL ONE FINANCIAL CORP                         | CUSIP: 14040HCY9<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    500000 | PA      | $523558.02    | 0.36%             | 2034-02-01      | Fixed         | 5.82%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                      | BPCE SA                                            | CUSIP: 05571AAU9<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |    300000 | PA      | $318611.61    | 0.22%             | 2035-01-18      | Fixed         | 6.51%                 | Yes           |                  2 | On Loan: No      |
| PACKAGING CORPORATION OF AMERICA                             | PACKAGING CORP OF AMERICA                          | CUSIP: 695156AW9<br>LEI: 549300XZP8MFZFY8TJ84 | Long             | DBT              | CORP              | US        |    750000 | PA      | $488380.30    | 0.33%             | 2051-10-01      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED PLC                                       | STANDARD CHARTERED PLC                             | CUSIP: 853254CN8<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |    500000 | PA      | $532446.53    | 0.36%             | 2028-11-16      | Fixed         | 7.77%                 | Yes           |                  2 | On Loan: No      |
| REGENERON PHARMACEUTICALS, INC.                              | REGENERON PHARMACEUTICALS INC                      | CUSIP: 75886FAF4<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | DBT              | CORP              | US        |    400000 | PA      | $244990.33    | 0.17%             | 2050-09-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY COMPANY LLC                          | ONCOR ELECTRIC DELIVERY CO LLC                     | CUSIP: 68233JDA9<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |    220000 | PA      | $221575.49    | 0.15%             | 2055-04-01      | Fixed         | 5.80%                 | Yes           |                  2 | On Loan: No      |
| REVVITY, INC.                                                | PERKINELMER INC                                    | CUSIP: 714046AH2<br>LEI: 549300IKL1SDPFI7N655 | Long             | DBT              | CORP              | US        |    500000 | PA      | $451841.41    | 0.31%             | 2031-03-15      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| SEALED AIR CORPORATION                                       | SEALED AIR CORP SEALED AIR CORP US                 | CUSIP: 812127AB4<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |    350000 | PA      | $364381.48    | 0.25%             | 2031-02-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| DEUTSCHE BANK AG NEW YORK BRANCH                             | DEUTSCHE BANK AG NEW YORK NY                       | CUSIP: 251526CY3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $254950.22    | 0.17%             | 2035-09-11      | Fixed         | 5.40%                 | No            |                  2 | On Loan: —       |
| GOLDMAN SACHS FINANCIAL SQUARE GOVERNMENT FUND               | GLDMN SCHS FIN SQ GV-FST                           | CUSIP: 38141W273<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   1037326 | NS      | $1037325.63   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Mizuho Financial Group, Inc.                                 | MIZUHO FINANCIAL GROUP INC                         | CUSIP: 60687YDE6<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |    293000 | PA      | $306734.37    | 0.21%             | 2035-05-26      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| United States of America                                     | UNITED STATES TREASURY BOND                        | CUSIP: 912810RG5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1100000 | PA      | $909046.88    | 0.62%             | 2044-05-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Truist Financial Corporation                                 | TRUIST FINANCIAL CORP                              | CUSIP: 89832QAF6<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |    500000 | PA      | $503386.12    | 0.34%             | 2199-12-31      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| ENTERGY LOUISIANA, LLC                                       | ENTERGY LOUISIANA LLC                              | CUSIP: 29364WBN7<br>LEI: 0V5453U14HDZO63CGH17 | Long             | DBT              | CORP              | US        |    250000 | PA      | $249555.00    | 0.17%             | 2054-03-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| MARVELL TECHNOLOGY, INC.                                     | MARVELL TECHNOLOGY INC                             | CUSIP: 573874AF1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $144446.64    | 0.10%             | 2028-04-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                  | BANK OF AMERICA CORP                               | CUSIP: 060505GB4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    500000 | PA      | $495281.94    | 0.34%             | 2199-12-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CONSOLIDATED, INC.                                 | COCA COLA CONSOLIDATED INC                         | CUSIP: 191098AP7<br>LEI: 57VG5X0E00X0QJU7CQ58 | Long             | DBT              | CORP              | US        |    300000 | PA      | $313797.16    | 0.21%             | 2034-06-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COMPANIES, INC.                                   | ALBERTSONS COS SAFEWAY                             | CUSIP: 013092AE1<br>LEI: 549300YKWOC0AOR16R51 | Long             | DBT              | CORP              | US        |    250000 | PA      | $248049.51    | 0.17%             | 2030-02-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| Highwoods Realty Limited Partnership                         | HIGHWOODS REALTY LP                                | CUSIP: 431282AT9<br>LEI: JUJNVZX73BIYHLR58F51 | Long             | DBT              | CORP              | US        |    400000 | PA      | $359056.00    | 0.24%             | 2031-02-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| ORACLE CORPORATION                                           | ORACLE CORP                                        | CUSIP: 68389XBX2<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    650000 | PA      | $404598.11    | 0.27%             | 2050-04-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC.                                            | CROWN CASTLE INTL CORP                             | CUSIP: 22822VAX9<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |    250000 | PA      | $182424.82    | 0.12%             | 2041-04-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| BIMBO BAKERIES USA, INC.                                     | BIMBO BAKERIES USA INC                             | CUSIP: 09031WAE3<br>LEI: 549300HOXXHHT7926W92 | Long             | DBT              | CORP              | US        |    400000 | PA      | $406152.62    | 0.28%             | 2036-01-09      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| AT&T INC.                                                    | AT T INC                                           | CUSIP: 00206RKD3<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1465828.02   | 0.99%             | 2043-02-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: —       |
| PENSKE TRUCK LEASING CO., L.P.                               | PENSKE TRUCK LEASING CO LP PTL FINANCE CORP        | CUSIP: 709599BV5<br>LEI: 549300ZX07JYMI8GHQ39 | Long             | DBT              | CORP              | US        |    250000 | PA      | $266704.16    | 0.18%             | 2030-06-15      | Fixed         | 6.20%                 | Yes           |                  2 | On Loan: No      |
| SYENSQO FINANCE (AMERICA), LLC                               | SOLVAY FINANCE AMERICA LLC                         | CUSIP: 834423AF2<br>LEI: 54930073OEL5K0Y7NK81 | Long             | DBT              | CORP              | US        |    300000 | PA      | $313022.77    | 0.21%             | 2034-06-04      | Fixed         | 5.85%                 | Yes           |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS INC.                                  | VERIZON COMMUNICATIONS INC                         | CUSIP: 92343VFU3<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $621170.00    | 0.42%             | 2050-11-20      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| VULCAN MATERIALS COMPANY                                     | VULCAN MATERIALS CO                                | CUSIP: 929160BD0<br>LEI: 549300Q8LSNHAVWBNI21 | Long             | DBT              | CORP              | US        |    200000 | PA      | $199578.38    | 0.14%             | 2054-12-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| KEYBANK NATIONAL ASSOCIATION                                 | KEY BANK NA                                        | CUSIP: 49327V2B9<br>LEI: HUX2X73FUCYHUVH1BK78 | Long             | DBT              | CORP              | US        |    500000 | PA      | $490692.57    | 0.33%             | 2029-04-13      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| United States of America                                     | U S TREASURY NOTE                                  | CUSIP: 91282CLF6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    100000 | PA      | $98515.63     | 0.07%             | 2034-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPERATING LLC                            | ENTERPRISE PRODUCTS OPERATING LLC                  | CUSIP: 29379VCH4<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    350000 | PA      | $339414.61    | 0.23%             | 2055-02-16      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| ACUITY BRANDS LIGHTING, INC.                                 | ACUITY BRANDS LIGHTING                             | CUSIP: 00510RAD5<br>LEI: 549300OTPVPFLUC38K21 | Long             | DBT              | CORP              | US        |    750000 | PA      | $674204.84    | 0.46%             | 2030-12-15      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| M.S.D. INVESTMENT CORP.                                      | MSD INVESTMENT CORP                                | CUSIP: 55354LAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $99415.82     | 0.07%             | 2031-02-05      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| AUTODESK, INC.                                               | AUTODESK INC                                       | CUSIP: 052769AH9<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | DBT              | CORP              | US        |    450000 | PA      | $400359.18    | 0.27%             | 2031-12-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| PLAINS ALL AMERICAN PIPELINE, L.P.                           | PLAINS ALL AMERICAN PIPELINE LP                    | CUSIP: 72650RBN1<br>LEI: 5521FA2ITF25TVH63740 | Long             | DBT              | CORP              | US        |    300000 | PA      | $291052.49    | 0.20%             | 2030-09-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                               | MORGAN STANLEY                                     | CUSIP: 61772BAB9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   1950000 | PA      | $1933083.92   | 1.31%             | 2027-05-04      | Fixed         | 1.59%                 | No            |                  2 | On Loan: No      |
| BOARDWALK PIPELINES, LP                                      | BOARDWALK PIPELINES LP                             | CUSIP: 096630AL2<br>LEI: 549300W6AQ2GHHCGL606 | Long             | DBT              | CORP              | US        |    235000 | PA      | $236221.90    | 0.16%             | 2036-02-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| United States of America                                     | U S TREASURY BOND                                  | CUSIP: 912810TS7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1300000 | PA      | $1170609.38   | 0.79%             | 2043-05-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| UNION ELECTRIC COMPANY                                       | UNION ELECTRIC CO                                  | CUSIP: 906548CT7<br>LEI: QMPJLLDULY5C1M8PNY21 | Long             | DBT              | CORP              | US        |    500000 | PA      | $438973.30    | 0.30%             | 2032-03-15      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| OLYMPUS CORPORATION                                          | OLYMPUS CORP                                       | CUSIP: 68163WAA7<br>LEI: 5299000Y52IFDI1I2A21 | Long             | DBT              | CORP              | JP        |    152000 | PA      | $149216.61    | 0.10%             | 2026-12-08      | Fixed         | 2.14%                 | Yes           |                  2 | On Loan: No      |
| ENTERGY CORPORATION                                          | ENTERGY CORP                                       | CUSIP: 29364GAP8<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | DBT              | CORP              | US        |    500000 | PA      | $449168.64    | 0.30%             | 2031-06-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| THE CAMPBELL'S COMPANY                                       | CAMPBELL SOUP CO                                   | CUSIP: 134429BP3<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | DBT              | CORP              | US        |    300000 | PA      | $305611.29    | 0.21%             | 2034-03-21      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| United States of America                                     | U S TREASURY NOTE                                  | CUSIP: 912828YU8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    100000 | PA      | $98273.44     | 0.07%             | 2026-11-30      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERATING, LP                              | WESTERN MIDSTREAM OPERATING LP                     | CUSIP: 958667AA5<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |    350000 | PA      | $300141.49    | 0.20%             | 2050-02-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| TAPESTRY, INC.                                               | TAPESTRY INC                                       | CUSIP: 876030AL1<br>LEI: 549300LJNVY5SW3VTN33 | Long             | DBT              | CORP              | US        |    260000 | PA      | $266031.34    | 0.18%             | 2035-03-11      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| RGA GLOBAL FUNDING                                           | RGA GLOBAL FUNDING                                 | CUSIP: 76209PAD5<br>LEI: 549300Y22K5FOEBMSK42 | Long             | DBT              | CORP              | US        |    350000 | PA      | $363980.91    | 0.25%             | 2031-01-11      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| ESSEX PORTFOLIO, L.P.                                        | ESSEX PORTFOLIO LP                                 | CUSIP: 29717PAV9<br>LEI: 5493003GN3O58H286O74 | Long             | DBT              | CORP              | US        |    500000 | PA      | $446067.04    | 0.30%             | 2032-03-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| American Airlines 2016-1 Pass Through Trusts                 | AMERICAN AIRLINES 2016 1 CLASS AA                  | CUSIP: 02376UAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    208756 | PA      | $205803.26    | 0.14%             | 2029-07-15      | Fixed         | 3.58%                 | No            |                  2 | On Loan: No      |
| ASSURANT, INC.                                               | ASSURANT INC                                       | CUSIP: 04621XAN8<br>LEI: H3F39CAXWQRVWURFXL38 | Long             | DBT              | CORP              | US        |    250000 | PA      | $221588.27    | 0.15%             | 2032-01-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| SOLVENTUM CORPORATION                                        | SOLVENTUM CORP                                     | CUSIP: 83444MAP6<br>LEI: 254900I70403OSGY4M28 | Long             | DBT              | CORP              | US        |     30000 | PA      | $31081.93     | 0.02%             | 2029-03-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| ONEOK, INC.                                                  | ONEOK INC                                          | CUSIP: 682680DD2<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    250000 | PA      | $251447.50    | 0.17%             | 2055-10-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| THE CHARLES SCHWAB CORPORATION                               | CHARLES SCHWAB CORP THE                            | CUSIP: 808513CE3<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |    150000 | PA      | $160591.24    | 0.11%             | 2034-05-19      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| CMS ENERGY CORPORATION                                       | CMS ENERGY CORP                                    | CUSIP: 125896BU3<br>LEI: 549300IA9XFBAGNIBW29 | Long             | DBT              | CORP              | US        |    300000 | PA      | $294698.59    | 0.20%             | 2050-06-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH, INC.                                        | ELEVANCE HEALTH INC                                | CUSIP: 036752AU7<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    250000 | PA      | $206835.29    | 0.14%             | 2052-05-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                               | MORGAN STANLEY                                     | CUSIP: 61747YEF8<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    550000 | PA      | $483446.07    | 0.33%             | 2036-09-16      | Fixed         | 2.48%                 | No            |                  2 | On Loan: No      |
| AUTONATION, INC.                                             | AUTONATION INC                                     | CUSIP: 05329WAT9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    210000 | PA      | $217551.13    | 0.15%             | 2035-03-15      | Fixed         | 5.89%                 | No            |                  2 | On Loan: No      |
| DAIMLER TRUCK FINANCE NORTH AMERICA LLC                      | DAIMLER TRUCKS FINANCE NORTH AMERICA LLC           | CUSIP: 233853AG5<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |    350000 | PA      | $332916.14    | 0.23%             | 2028-12-14      | Fixed         | 2.38%                 | Yes           |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO.                                         | JPMORGAN CHASE CO                                  | CUSIP: 46647PEK8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    720000 | PA      | $743271.84    | 0.50%             | 2035-07-22      | Fixed         | 5.29%                 | No            |                  2 | On Loan: No      |
| AMEREN CORPORATION                                           | AMEREN CORP                                        | CUSIP: 023608AJ1<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | DBT              | CORP              | US        |    250000 | PA      | $240389.85    | 0.16%             | 2031-01-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                            | NATWEST GROUP PLC                                  | CUSIP: 639057AC2<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |   1000000 | PA      | $988997.38    | 0.67%             | 2027-06-14      | Fixed         | 1.64%                 | No            |                  2 | On Loan: No      |
| TD SYNNEX CORPORATION                                        | TD SYNNEX CORP                                     | CUSIP: 87162WAN0<br>LEI: 5493004HI6PFLF46NS53 | Long             | DBT              | CORP              | US        |    240000 | PA      | $237923.97    | 0.16%             | 2035-10-10      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICATIONS INC.                                   | ROGERS COMMUNICATIONS INC                          | CUSIP: 775109BZ3<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |    500000 | PA      | $427182.00    | 0.29%             | 2042-03-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| The Huntington National Bank                                 | HUNTINGTON NATIONAL BANK THE                       | CUSIP: 44644MAJ0<br>LEI: 2WHM8VNJH63UN14OL754 | Long             | DBT              | CORP              | US        |    250000 | PA      | $261927.18    | 0.18%             | 2030-01-10      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| BAYPORT POLYMERS LLC                                         | BAYPORT POLYMERS LLC                               | CUSIP: 073096AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $501079.47    | 0.34%             | 2027-04-14      | Fixed         | 4.74%                 | Yes           |                  2 | On Loan: No      |
| MICRON TECHNOLOGY, INC.                                      | MICRON TECHNOLOGY INC                              | CUSIP: 595112CH4<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |    150000 | PA      | $160126.47    | 0.11%             | 2035-11-01      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Santander Holdings USA, Inc.                                 | SANTANDER HOLDINGS USA INC                         | CUSIP: 80282KBG0<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |    250000 | PA      | $261348.37    | 0.18%             | 2029-06-12      | Fixed         | 6.57%                 | No            |                  2 | On Loan: No      |
| ALLIANT ENERGY FINANCE, LLC                                  | ALLIANT ENERGY FINANCE LLC                         | CUSIP: 01882YAF3<br>LEI: 54930033ER6EOI5DL570 | Long             | DBT              | CORP              | US        |    250000 | PA      | $253300.30    | 0.17%             | 2027-06-06      | Fixed         | 5.40%                 | Yes           |                  2 | On Loan: No      |
| EVERGY MISSOURI WEST, INC.                                   | EVERGY MISSOURI WEST INC                           | CUSIP: 30037EAB9<br>LEI: EZIFUDC0VSUS6T6LCG85 | Long             | DBT              | CORP              | US        |    300000 | PA      | $310561.20    | 0.21%             | 2034-06-01      | Fixed         | 5.65%                 | Yes           |                  2 | On Loan: No      |
| NISSAN MOTOR ACCEPTANCE COMPANY LLC                          | NISSAN MOTOR ACCEPTANCE CO LLC                     | CUSIP: 65480CAE5<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |    250000 | PA      | $252779.67    | 0.17%             | 2026-09-15      | Fixed         | 6.95%                 | Yes           |                  2 | On Loan: No      |
| GENERAL MOTORS FINANCIAL COMPANY, INC.                       | GENERAL MOTORS FINANCIAL CO INC                    | CUSIP: 37045XEX0<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    200000 | PA      | $203576.00    | 0.14%             | 2027-07-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| NXP B.V.                                                     | NXP BV NXP FUNDING LLC NXP USA INC                 | CUSIP: 62954HAU2<br>LEI: 724500RKKW4NOJ9YQF60 | Long             | DBT              | CORP              | NL        |    600000 | PA      | $454749.90    | 0.31%             | 2041-05-11      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Piedmont Natural Gas Company, Inc.                           | PIEDMONT NATURAL GAS CO INC                        | CUSIP: 720186AQ8<br>LEI: VXB4M3BDPKF3I2AZ3G89 | Long             | DBT              | CORP              | US        |    250000 | PA      | $259926.95    | 0.18%             | 2033-06-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| GENERAL MILLS, INC.                                          | GENERAL MILLS INC                                  | CUSIP: 370334CQ5<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | DBT              | CORP              | US        |    250000 | PA      | $221986.82    | 0.15%             | 2031-10-14      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| BMW US CAPITAL, LLC                                          | BMW US CAPITAL LLC                                 | CUSIP: 05565ECB9<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |    250000 | PA      | $237746.02    | 0.16%             | 2032-04-01      | Fixed         | 3.70%                 | Yes           |                  2 | On Loan: No      |
| ECOLAB INC.                                                  | ECOLAB INC                                         | CUSIP: 278865BN9<br>LEI: 82DYEISM090VG8LTLS26 | Long             | DBT              | CORP              | US        |    250000 | PA      | $154829.41    | 0.10%             | 2051-12-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Amcor Flexibles North America, Inc                           | AMCOR FLEXIBLES NORTH AMERICA INC                  | CUSIP: 02344AAA6<br>LEI: PTVU09TE3QPJPL7K4E13 | Long             | DBT              | CORP              | US        |    227000 | PA      | $207590.59    | 0.14%             | 2031-05-25      | Fixed         | 2.69%                 | No            |                  2 | On Loan: —       |
| United States of America                                     | U S TREASURY NOTE                                  | CUSIP: 91282CNZ0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    400000 | PA      | $399000.00    | 0.27%             | 2032-09-30      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Minera Mexico, S.A. de C.V.                                  | MINERA MEXICO SA DE CV                             | CUSIP: 60284MAC6<br>LEI: 2549005BMA2EK49I0T98 | Long             | DBT              | CORP              | MX        |    200000 | PA      | $206654.37    | 0.14%             | 2032-02-12      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                                      | HYUNDAI CAPITAL AMERICA                            | CUSIP: 44891ACU9<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |    300000 | PA      | $307739.37    | 0.21%             | 2029-01-08      | Fixed         | 5.30%                 | Yes           |                  2 | On Loan: No      |
| PECO Energy Company                                          | PECO ENERGY CO                                     | CUSIP: 693304AX5<br>LEI: YH65D4JBECK76IFEJ279 | Long             | DBT              | CORP              | US        |    500000 | PA      | $328073.16    | 0.22%             | 2049-09-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CONOCOPHILLIPS COMPANY                                       | CONOCOPHILLIPS CO                                  | CUSIP: 20826FBG0<br>LEI: 6VJJ5GQWIRDQ06DUXG89 | Long             | DBT              | CORP              | US        |    250000 | PA      | $241525.00    | 0.16%             | 2054-03-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Eastern Energy Gas Holdings, LLC                             | EASTERN ENERGY GAS HOLDINGS LLC                    | CUSIP: 27636AAB8<br>LEI: 549300BFOD6TDMVV4O24 | Long             | DBT              | CORP              | US        |    225000 | PA      | $237558.59    | 0.16%             | 2035-01-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| LA BANQUE TORONTO-DOMINION                                   | TORONTO DOMINION BANK THE                          | CUSIP: 891160MJ9<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    500000 | PA      | $497307.83    | 0.34%             | 2031-09-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                                             | PARAMOUNT GLOBAL                                   | CUSIP: 92553PAP7<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    190000 | PA      | $132677.00    | 0.09%             | 2043-03-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| MIDAMERICAN ENERGY COMPANY                                   | MIDAMERICAN ENERGY CO                              | CUSIP: 595620AW5<br>LEI: NINLOILYRTLIMK26MZ18 | Long             | DBT              | CORP              | US        |    500000 | PA      | $305837.63    | 0.21%             | 2052-08-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP OF AMERICA FINANCE, LLC                     | VOLKSWAGEN GROUP OF AMERICA FINANCE LLC            | CUSIP: 928668BT8<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |    250000 | PA      | $250567.14    | 0.17%             | 2029-06-08      | Fixed         | 4.60%                 | Yes           |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                                             | CBS CORP                                           | CUSIP: 124857AZ6<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    550000 | PA      | $535969.54    | 0.36%             | 2029-06-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| AGILENT TECHNOLOGIES, INC.                                   | AGILENT TECHNOLOGIES INC                           | CUSIP: 00846UAR2<br>LEI: QUIX8Y7A2WP0XRMW7G29 | Long             | DBT              | CORP              | US        |    275000 | PA      | $274337.57    | 0.19%             | 2034-09-09      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| BROWN & BROWN, INC.                                          | BROWN BROWN INC                                    | CUSIP: 115236AM3<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |     84000 | PA      | $86229.62     | 0.06%             | 2035-06-23      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| THE ALLSTATE CORPORATION                                     | ALLSTATE CORP                                      | CUSIP: 020002BB6<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | DBT              | CORP              | US        |    500000 | PA      | $500246.10    | 0.34%             | 2053-08-15      | Fixed         | 7.05%                 | No            |                  2 | On Loan: No      |
| BAXTER INTERNATIONAL INC.                                    | BAXTER INTERNATIONAL INC                           | CUSIP: 071813CQ0<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |    250000 | PA      | $210231.64    | 0.14%             | 2032-02-01      | Fixed         | 2.54%                 | Yes           |                  2 | On Loan: No      |
| Becle, S.A.B. de C.V.                                        | BECLE SAB DE CV                                    | CUSIP: 07586PAA9<br>LEI: 529900JY55CZKMJLCE09 | Long             | DBT              | CORP              | MX        |    250000 | PA      | $216880.29    | 0.15%             | 2031-10-14      | Fixed         | 2.50%                 | Yes           |                  2 | On Loan: No      |
| ANTARES HOLDINGS LP                                          | ANTARES HOLDINGS LP                                | CUSIP: 03666HAH4<br>LEI: 5493008EAIGV4283RM42 | Long             | DBT              | CORP              | US        |    250000 | PA      | $254929.37    | 0.17%             | 2029-10-23      | Fixed         | 6.35%                 | Yes           |                  2 | On Loan: No      |
| THE BOEING COMPANY                                           | BOEING CO THE                                      | CUSIP: 097023CW3<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    300000 | PA      | $296151.00    | 0.20%             | 2050-05-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL HOLDINGS, INC.                        | NEXTERA ENERGY CAPITAL HOLDINGS INC                | CUSIP: 65339KBZ2<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    500000 | PA      | $445333.87    | 0.30%             | 2032-01-15      | Fixed         | 2.44%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                                | FORD MOTOR CREDIT CO LLC                           | CUSIP: 345397C92<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    250000 | PA      | $260838.27    | 0.18%             | 2028-05-12      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| THE DOW CHEMICAL COMPANY                                     | DOW CHEMICAL CO THE                                | CUSIP: 260543DP5<br>LEI: ZQUIP1CSZO8LXRBSOU78 | Long             | DBT              | CORP              | US        |    240000 | PA      | $239113.31    | 0.16%             | 2036-03-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: —       |
| ALLY FINANCIAL INC.                                          | ALLY FINANCIAL INC                                 | CUSIP: 02005NBM1<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |    190000 | PA      | $187642.97    | 0.13%             | 2199-12-31      | Fixed         | 4.70%                 | No            |                  2 | On Loan: —       |
| GLP Capital, L.P.                                            | GLP CAPITAL LP GLP FINANCING II INC                | CUSIP: 361841AR0<br>LEI: 2549005PXW31DRW8EC44 | Long             | DBT              | CORP              | US        |    117000 | PA      | $105746.22    | 0.07%             | 2032-01-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| DELL INTERNATIONAL L.L.C.                                    | DELL INTERNATIONAL LLC EMC CORP                    | CUSIP: 24703DBU4<br>LEI: 254900ZARLSVK41DKO78 | Long             | DBT              | CORP              | US        |    283000 | PA      | $279300.91    | 0.19%             | 2036-02-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| DENTSPLY SIRONA INC.                                         | DENTSPLY SIRONA INC                                | CUSIP: 24906PAA7<br>LEI: 9NHEHR1SOZCYXDO8HO28 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $924040.01    | 0.63%             | 2030-06-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: —       |
| AIRCASTLE LIMITED                                            | AIRCASTLE LTD                                      | CUSIP: 00928QAY7<br>LEI: 549300PNK8AKY3OIKP58 | Long             | DBT              | CORP              | BM        |    300000 | PA      | $312131.08    | 0.21%             | 2029-02-15      | Fixed         | 5.95%                 | Yes           |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                        | WELLS FARGO CO                                     | CUSIP: 95000U2G7<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    250000 | PA      | $237975.50    | 0.16%             | 2030-10-30      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                      | MPLX LP                                            | CUSIP: 55336VAN0<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |    500000 | PA      | $417035.00    | 0.28%             | 2048-04-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| KEURIG DR PEPPER INC.                                        | KEURIG DR PEPPER INC                               | CUSIP: 49271VAR1<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |    325000 | PA      | $262565.94    | 0.18%             | 2052-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CANADIAN NATURAL RESOURCES LIMITED                           | CANADIAN NATURAL RESOURCES LTD                     | CUSIP: 136385BE0<br>LEI: 549300T15RIMIKZC5Q38 | Long             | DBT              | CORP              | CA        |    450000 | PA      | $458256.07    | 0.31%             | 2034-12-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| ENTERGY LOUISIANA, LLC                                       | ENTERGY LOUISIANA LLC                              | CUSIP: 29364WBQ0<br>LEI: 0V5453U14HDZO63CGH17 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201686.00    | 0.14%             | 2055-03-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| GLOBE LIFE INC.                                              | GLOBE LIFE INC                                     | CUSIP: 37959EAC6<br>LEI: 5493001JFHKQOPP6XA71 | Long             | DBT              | CORP              | US        |    115000 | PA      | $120824.72    | 0.08%             | 2034-09-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORPORATION                                     | STATE STREET CORP                                  | CUSIP: 857477CG6<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |    250000 | PA      | $270241.32    | 0.18%             | 2034-11-21      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| JBS USA Holding Lux S.a r.l.                                 | JBS USA FOOD FINANCE                               | CUSIP: 46590XAY2<br>LEI: RB8RC03FUD8DSX57C193 | Long             | DBT              | CORP              | LU        |    182000 | PA      | $190024.38    | 0.13%             | 2033-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| HORIZON MUTUAL HOLDINGS, INC.                                | HORIZON MUTUAL HOLDINGS INC                        | CUSIP: 43990FAA6<br>LEI: 254900R6BWV4LUXBN549 | Long             | DBT              | CORP              | US        |    150000 | PA      | $145350.61    | 0.10%             | 2034-11-15      | Fixed         | 6.20%                 | Yes           |                  2 | On Loan: No      |
| CROWN CASTLE INC.                                            | CROWN CASTLE INTERNATIONAL CORP                    | CUSIP: 22822VAT8<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |    250000 | PA      | $223382.78    | 0.15%             | 2031-01-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| CBRE SERVICES, INC.                                          | CBRE SERVICES INC                                  | CUSIP: 12505BAK6<br>LEI: 549300CTE3HOMEUMM603 | Long             | DBT              | CORP              | US        |    150000 | PA      | $155005.31    | 0.11%             | 2035-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Truist Financial Corporation                                 | TRUIST FINANCIAL CORP                              | CUSIP: 89788MAE2<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $950020.00    | 0.64%             | 2029-06-07      | Fixed         | 1.89%                 | No            |                  2 | On Loan: No      |
| HUBBELL INCORPORATED                                         | HUBBELL INC                                        | CUSIP: 443510AK8<br>LEI: 54930088VDQ6840Y6597 | Long             | DBT              | CORP              | US        |    500000 | PA      | $455296.45    | 0.31%             | 2031-03-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| QUANTA SERVICES, INC.                                        | QUANTA SERVICES INC                                | CUSIP: 74762EAF9<br>LEI: SHVRXXEACT60MMH07S24 | Long             | DBT              | CORP              | US        |    300000 | PA      | $281054.60    | 0.19%             | 2030-10-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| United States of America                                     | U S TREASURY NOTE                                  | CUSIP: 91282CJR3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    300000 | PA      | $301851.56    | 0.20%             | 2028-12-31      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| COLUMBIA PIPELINES OPERATING COMPANY LLC                     | COLUMBIA PIPELINES OPCO                            | CUSIP: 19828TAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $214090.00    | 0.15%             | 2053-11-15      | Fixed         | 6.54%                 | Yes           |                  2 | On Loan: No      |
| OGLETHORPE POWER CORP                                        | OGLETHORPE POWER CORP                              | CUSIP: 677050AW6<br>LEI: 3EERXCUSWMS9GV5D9M98 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146550.46    | 0.10%             | 2054-06-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                               | MORGAN STANLEY                                     | CUSIP: 6174468Y8<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $637430.00    | 0.43%             | 2052-01-25      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| RELIANCE, INC.                                               | RELIANCE STEEL ALUMINUM CO                         | CUSIP: 759509AG7<br>LEI: 549300E287ZOFT3C5Z56 | Long             | DBT              | CORP              | US        |    250000 | PA      | $226322.95    | 0.15%             | 2030-08-15      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| STELLANTIS FINANCE US INC.                                   | STELLANTIS FINANCE US INC                          | CUSIP: 85855CAL4<br>LEI: 549300QZ0AI8Q7LNON33 | Long             | DBT              | CORP              | US        |    200000 | PA      | $208348.00    | 0.14%             | 2035-03-18      | Fixed         | 6.45%                 | Yes           |                  2 | On Loan: No      |
| BP CAPITAL MARKETS P.L.C.                                    | BP CAPITAL MARKETS PLC                             | CUSIP: 05565QDV7<br>LEI: 549300CRVT18MXX0AG93 | Long             | DBT              | CORP              | GB        |    250000 | PA      | $248410.04    | 0.17%             | 2199-12-31      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| LITHIA MOTORS, INC.                                          | LITHIA MOTORS INC                                  | CUSIP: 536797AG8<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | DBT              | CORP              | US        |    250000 | PA      | $241686.02    | 0.16%             | 2029-06-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| ROYALTY PHARMA PLC                                           | ROYALTY PHARMA PLC                                 | CUSIP: 78081BAM5<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | GB        |    750000 | PA      | $518271.39    | 0.35%             | 2050-09-02      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| ARIZONA PUBLIC SERVICE COMPANY                               | ARIZONA PUBLIC SERVICE CO                          | CUSIP: 040555DH4<br>LEI: YG6VT0TPHRH4TFVAQV64 | Long             | DBT              | CORP              | US        |    250000 | PA      | $263016.71    | 0.18%             | 2034-08-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| RTX CORPORATION                                              | RAYTHEON TECHNOLOGIES CORP                         | CUSIP: 75513ECC3<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |    250000 | PA      | $207198.95    | 0.14%             | 2044-12-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| FORTUNE BRANDS INNOVATIONS, INC.                             | FORTUNE BRANDS HOME SECURITY INC                   | CUSIP: 34964CAF3<br>LEI: 54930032LHW54PQUJD44 | Long             | DBT              | CORP              | US        |    250000 | PA      | $239694.49    | 0.16%             | 2032-03-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHEVRON PHILLIPS CHEMICAL COMPANY LLC                        | CHEVRON PHILLIPS CHEMICAL CO LLC                   | CUSIP: 166754AX9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    215000 | PA      | $217815.03    | 0.15%             | 2030-05-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| APA CORPORATION                                              | APA CORP                                           | CUSIP: 03743QBE7<br>LEI: 549300VCIWLRHYVSHC79 | Long             | DBT              | CORP              | US        |    250000 | PA      | $179147.54    | 0.12%             | 2044-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Banco Santander, S.A.                                        | BANCO SANTANDER SA                                 | CUSIP: 05964HAV7<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    200000 | PA      | $221713.46    | 0.15%             | 2033-08-08      | Fixed         | 6.92%                 | No            |                  2 | On Loan: No      |
| Pentair Finance S.a r.l.                                     | PENTAIR FINANCE SARL                               | CUSIP: 709629AS8<br>LEI: 549300H2U8U8TZPV3T89 | Long             | DBT              | CORP              | LU        |    250000 | PA      | $265405.16    | 0.18%             | 2032-07-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| DT MIDSTREAM, INC.                                           | DT MIDSTREAM INC                                   | CUSIP: 23345MAD9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $311705.89    | 0.21%             | 2034-12-15      | Fixed         | 5.80%                 | Yes           |                  2 | On Loan: No      |
| THE BANK OF NOVA SCOTIA                                      | BANK OF NOVA SCOTIA THE                            | CUSIP: 06418GAQ0<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    275000 | PA      | $283214.52    | 0.19%             | 2031-02-14      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| HEWLETT PACKARD ENTERPRISE COMPANY                           | HEWLETT PACKARD ENTERPRISE CO                      | CUSIP: 42824CBV0<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |    215000 | PA      | $213373.97    | 0.14%             | 2034-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARRIOTT INTERNATIONAL, INC.                                 | MARRIOTT INTERNATIONAL INC MD                      | CUSIP: 571903BX0<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152026.03    | 0.10%             | 2035-10-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| MICROSOFT CORPORATION                                        | MICROSOFT CORP                                     | CUSIP: 594918CC6<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    250000 | PA      | $153352.50    | 0.10%             | 2050-06-01      | Fixed         | 2.52%                 | No            |                  2 | On Loan: No      |
| BOSTON PROPERTIES LIMITED PARTNERSHIP                        | BOSTON PROPERTIES LP                               | CUSIP: 10112RBE3<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              | CORP              | US        |    500000 | PA      | $436450.51    | 0.30%             | 2032-04-01      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| LOWE'S COMPANIES, INC.                                       | LOWE S COS INC                                     | CUSIP: 548661EE3<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $718622.45    | 0.49%             | 2041-09-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| DISCOVERY COMMUNICATIONS, LLC                                | DISCOVERY COMMUNICATIONS LLC                       | CUSIP: 25470DCC1<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |    250000 | PA      | $231357.52    | 0.16%             | 2030-05-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| BIOGEN INC.                                                  | BIOGEN INC                                         | CUSIP: 09062XAL7<br>LEI: W8J5WZB5IY3K0NDQT671 | Long             | DBT              | CORP              | US        |    210000 | PA      | $221167.42    | 0.15%             | 2035-05-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| VAR ENERGI ASA                                               | VAR ENERGI ASA                                     | CUSIP: 92212WAE0<br>LEI: 549300LIVN3FFOJN2K47 | Long             | DBT              | CORP              | NO        |    250000 | PA      | $286168.72    | 0.19%             | 2032-11-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| MSILF Government Portfolio                                   | MSILF GOVERNMENT-INST                              | CUSIP: 61747C707<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   1075826 | NS      | $1075825.61   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| PHILLIPS EDISON GROCERY CENTER OPERATING PARTNERSHIP I, L.P. | PHILLIPS EDISON GROCERY CENTER                     | CUSIP: 71845JAC2<br>LEI: 549300WUPIVS6ZE0ZI51 | Long             | DBT              | CORP              | US        |    215000 | PA      | $212146.36    | 0.14%             | 2035-01-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Eastern Energy Gas Holdings, LLC                             | EASTERN ENERGY GAS HOLDINGS LLC                    | CUSIP: 27636AAA0<br>LEI: 549300BFOD6TDMVV4O24 | Long             | DBT              | CORP              | US        |    275000 | PA      | $266860.00    | 0.18%             | 2054-10-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| KIMCO REALTY OP, LLC                                         | KIMCO REALTY OP LLC                                | CUSIP: 49447BAB9<br>LEI: 549300EA7I6T15IBYS12 | Long             | DBT              | CORP              | US        |    350000 | PA      | $348467.62    | 0.24%             | 2035-03-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| ECOLAB INC.                                                  | ECOLAB INC                                         | CUSIP: 278865BS8<br>LEI: 82DYEISM090VG8LTLS26 | Long             | DBT              | CORP              | US        |    218000 | PA      | $222272.33    | 0.15%             | 2035-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TRANE TECHNOLOGIES FINANCING LIMITED                         | TRANE TECHNOLOGIES FINANCING LTD                   | CUSIP: 892938AA9<br>LEI: 549300A5OEF3CJI2CO89 | Long             | DBT              | CORP              | IE        |    250000 | PA      | $260439.58    | 0.18%             | 2033-03-03      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORPORATION                                        | AIR LEASE CORP                                     | CUSIP: 00914AAS1<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |    250000 | PA      | $224146.06    | 0.15%             | 2032-01-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| VULCAN MATERIALS COMPANY                                     | VULCAN MATERIALS CO                                | CUSIP: 929160BC2<br>LEI: 549300Q8LSNHAVWBNI21 | Long             | DBT              | CORP              | US        |    160000 | PA      | $165951.60    | 0.11%             | 2034-12-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| DUQUESNE LIGHT HOLDINGS, INC.                                | DUQUESNE LIGHT HOLDINGS INC                        | CUSIP: 266233AJ4<br>LEI: 4CUJ1D8WDXK9X7QI6B93 | Long             | DBT              | CORP              | US        |    250000 | PA      | $222571.44    | 0.15%             | 2032-01-07      | Fixed         | 2.77%                 | Yes           |                  2 | On Loan: No      |
| CARRIER GLOBAL CORPORATION                                   | CARRIER GLOBAL CORP                                | CUSIP: 14448CAR5<br>LEI: 549300JE3W6CWY2NAN77 | Long             | DBT              | CORP              | US        |    400000 | PA      | $324024.00    | 0.22%             | 2040-04-05      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Xcel Energy Inc.                                             | XCEL ENERGY INC                                    | CUSIP: 98388MAC1<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | DBT              | CORP              | US        |    500000 | PA      | $444127.38    | 0.30%             | 2031-11-15      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                 | BARCLAYS PLC                                       | CUSIP: 06738ECF0<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | RF                | GB        |    250000 | PA      | $251381.32    | 0.17%             | 2027-05-09      | Fixed         | 5.83%                 | No            |                  2 | On Loan: No      |
| MSCI INC.                                                    | MSCI INC                                           | CUSIP: 55354GAR1<br>LEI: 549300HTIN2PD78UB763 | Long             | DBT              | CORP              | US        |    240000 | PA      | $241557.81    | 0.16%             | 2035-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| United States of America                                     | U S TREASURY BOND                                  | CUSIP: 912810TZ1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    800000 | PA      | $777000.00    | 0.53%             | 2044-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING, LLC                        | CHARTER COMMUNICATIONS OPERATING LLC               | CUSIP: 161175BM5<br>LEI: 549300TPZNMN50BJ3745 | Long             | DBT              | CORP              | US        |    750000 | PA      | $690449.41    | 0.47%             | 2038-04-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| OGLETHORPE POWER CORP                                        | OGLETHORPE POWER CORP                              | CUSIP: 677050AJ5<br>LEI: 3EERXCUSWMS9GV5D9M98 | Long             | DBT              | CORP              | US        |    100000 | PA      | $81163.00     | 0.06%             | 2042-12-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| KILROY REALTY, L.P.                                          | KILROY REALTY LP                                   | CUSIP: 49427RAR3<br>LEI: 5493008CT3N3JR7P1552 | Long             | DBT              | CORP              | US        |    400000 | PA      | $328604.00    | 0.22%             | 2033-11-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| MARS, INCORPORATED                                           | MARS INC                                           | CUSIP: 571676BC8<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |    275000 | PA      | $275319.00    | 0.19%             | 2055-05-01      | Fixed         | 5.70%                 | Yes           |                  2 | On Loan: No      |
| MACQUARIE AIRFINANCE HOLDINGS LIMITED                        | MACQUARIE AIRFINANCE HOLDINGS LTD                  | CUSIP: 55609NAE8<br>LEI: 549300MCGUSL5B852H65 | Long             | DBT              | CORP              | GB        |    112000 | PA      | $113479.94    | 0.08%             | 2030-03-17      | Fixed         | 5.15%                 | Yes           |                  2 | On Loan: No      |
| SOUTHWEST AIRLINES CO.                                       | SOUTHWEST AIRLINES CO                              | CUSIP: 844741BM9<br>LEI: UDTZ87G0STFETI6HGH41 | Long             | DBT              | CORP              | US        |    300000 | PA      | $293587.02    | 0.20%             | 2035-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO.                                         | JPMORGAN CHASE CO                                  | CUSIP: 46647PCD6<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    500000 | PA      | $388680.00    | 0.26%             | 2042-04-22      | Fixed         | 3.16%                 | No            |                  2 | On Loan: No      |
| HEICO CORPORATION                                            | HEICO CORP                                         | CUSIP: 422806AA7<br>LEI: 529900O1DTDLCJ7L0I14 | Long             | DBT              | CORP              | US        |    250000 | PA      | $257029.52    | 0.17%             | 2028-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| F&G GLOBAL FUNDING                                           | F G GLOBAL FUNDING                                 | CUSIP: 30321L2C5<br>LEI: 6354009CCUKJIZ7KFX73 | Long             | DBT              | CORP              | US        |    250000 | PA      | $234235.87    | 0.16%             | 2028-09-20      | Fixed         | 2.00%                 | Yes           |                  2 | On Loan: No      |
| LYB INTERNATIONAL FINANCE III, LLC                           | LYB INTERNATIONAL FINANCE III LLC                  | CUSIP: 50249AAH6<br>LEI: 984500A51LA0B8EB4053 | Long             | DBT              | CORP              | US        |    185000 | PA      | $134368.92    | 0.09%             | 2040-10-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| COMCAST CORPORATION                                          | COMCAST CORP                                       | CUSIP: 20030NDR9<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $561645.95    | 0.38%             | 2051-11-01      | Fixed         | 2.89%                 | Yes           |                  2 | On Loan: No      |
| GLP Capital, L.P.                                            | GLP CAPITAL LP GLP FINANCING II INC                | CUSIP: 361841AT6<br>LEI: 2549005PXW31DRW8EC44 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152137.01    | 0.10%             | 2034-09-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Element Fleet Management Corp.                               | ELEMENT FLEET MANAGEMENT CORP                      | CUSIP: 286181AK8<br>LEI: 5493000PGBS1C22ELQ16 | Long             | DBT              | CORP              | CA        |    250000 | PA      | $263674.32    | 0.18%             | 2028-12-04      | Fixed         | 6.32%                 | Yes           |                  2 | On Loan: No      |
| BANQUE CANADIENNE IMPERIALE DE COMMERCE                      | CANADIAN IMPERIAL BANK OF COMMERCE                 | CUSIP: 13607LWW9<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |    250000 | PA      | $271618.97    | 0.18%             | 2033-10-03      | Fixed         | 6.09%                 | No            |                  2 | On Loan: No      |
| Alabama Power Company                                        | ALABAMA POWER CO                                   | CUSIP: 010392FV5<br>LEI: 0RL818ELFOHP5JHOFU19 | Long             | DBT              | CORP              | US        |    500000 | PA      | $331503.64    | 0.22%             | 2051-07-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| AMEREN ILLINOIS COMPANY                                      | AMEREN ILLINOIS CO                                 | CUSIP: 02361DBB5<br>LEI: RC71E2BZ6UOMFPDJSE79 | Long             | DBT              | CORP              | US        |    300000 | PA      | $295159.95    | 0.20%             | 2054-07-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| GENUINE PARTS COMPANY                                        | GENUINE PARTS CO                                   | CUSIP: 372460AC9<br>LEI: 549300D46DQVEU651W04 | Long             | DBT              | CORP              | US        |    167000 | PA      | $147743.14    | 0.10%             | 2032-02-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                           | ENERGY TRANSFER LP                                 | CUSIP: 29273VAN0<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    250000 | PA      | $251257.91    | 0.17%             | 2199-12-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| AGCO CORPORATION                                             | AGCO CORP                                          | CUSIP: 001084AS1<br>LEI: LYOM0B2GCF1JWXK5ZG04 | Long             | DBT              | CORP              | US        |    215000 | PA      | $224924.16    | 0.15%             | 2034-03-21      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE EQUITIES, INC.                        | ALEXANDRIA REAL ESTATE EQUITIES INC                | CUSIP: 015271AW9<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              | CORP              | US        |    500000 | PA      | $422919.14    | 0.29%             | 2032-05-18      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| United States of America                                     | U S TREASURY BOND                                  | CUSIP: 912810UN6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    530000 | PA      | $535879.69    | 0.36%             | 2045-08-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| SHELL FINANCE US INC.                                        | SHELL FINANCE US INC                               | CUSIP: 822905AB1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $236933.56    | 0.16%             | 2030-04-06      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| SYSCO CORPORATION                                            | SYSCO CORP                                         | CUSIP: 871829BV8<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | DBT              | CORP              | US        |    100000 | PA      | $103584.32    | 0.07%             | 2035-03-23      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| LES VETEMENTS DE SPORT GILDAN INC.                           | GILDAN ACTIVEWEAR INC                              | CUSIP: 375916AG8<br>LEI: 549300SB3IBI34M00Z45 | Long             | DBT              | CORP              | CA        |    312000 | PA      | $310967.58    | 0.21%             | 2035-10-07      | Fixed         | 5.40%                 | Yes           |                  2 | On Loan: No      |
| PLAINS ALL AMERICAN PIPELINE, L.P.                           | PLAINS ALL AMERICAN PIPELINE LP PAA FINANCE CORP   | CUSIP: 72650RBP6<br>LEI: 5521FA2ITF25TVH63740 | Long             | DBT              | CORP              | US        |    150000 | PA      | $154922.33    | 0.11%             | 2034-09-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| PATTERSON-UTI ENERGY, INC.                                   | PATTERSON UTI ENERGY INC                           | CUSIP: 703481AD3<br>LEI: 254900XGFBKIXD6G0697 | Long             | DBT              | CORP              | US        |    250000 | PA      | $267297.38    | 0.18%             | 2033-10-01      | Fixed         | 7.15%                 | No            |                  2 | On Loan: No      |
| THE SOUTHERN COMPANY                                         | SOUTHERN CO THE                                    | CUSIP: 842587DF1<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |    300000 | PA      | $299888.51    | 0.20%             | 2051-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                 | BARCLAYS PLC                                       | CUSIP: 06738EAV7<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | RF                | GB        |   1000000 | PA      | $919370.21    | 0.62%             | 2047-01-10      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| THE BOEING COMPANY                                           | BOEING CO THE                                      | CUSIP: 097023DC6<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    500000 | PA      | $480465.32    | 0.33%             | 2031-02-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| PRIMERICA, INC.                                              | PRIMERICA INC                                      | CUSIP: 74164MAB4<br>LEI: 254900621R686KJR7022 | Long             | DBT              | CORP              | US        |    250000 | PA      | $227040.98    | 0.15%             | 2031-11-19      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| AEP TEXAS INC.                                               | AEP TEXAS INC                                      | CUSIP: 00108WAU4<br>LEI: 5493001L78U618KXNZ75 | Long             | DBT              | CORP              | US        |    375000 | PA      | $369652.50    | 0.25%             | 2055-10-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| AVIATION CAPITAL GROUP LLC                                   | AVIATION CAPITAL GROUP LLC                         | CUSIP: 05369AAP6<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |    250000 | PA      | $264978.46    | 0.18%             | 2028-10-25      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Shell International Finance B.V.                             | SHELL INTERNATIONAL FINANCE BV                     | CUSIP: 822582CK6<br>LEI: 213800ITMMKU4Z7I4F78 | Long             | DBT              | CORP              | NL        |    500000 | PA      | $370192.98    | 0.25%             | 2041-11-26      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| ORACLE CORPORATION                                           | ORACLE CORP                                        | CUSIP: 68389XDP7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    300000 | PA      | $271809.00    | 0.18%             | 2045-09-26      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO.                                         | JPMORGAN CHASE CO                                  | CUSIP: 46647PCW4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    250000 | PA      | $247005.50    | 0.17%             | 2028-02-24      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| United States of America                                     | U S TREASURY BOND                                  | CUSIP: 912810UC0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    750000 | PA      | $679570.31    | 0.46%             | 2054-08-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| BANQUE CANADIENNE IMPERIALE DE COMMERCE                      | CANADIAN IMPERIAL BANK OF COMMERCE                 | CUSIP: 136055AA8<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |    155729 | PA      | $164334.33    | 0.11%             | 2032-04-10      | Fixed         | 7.26%                 | Yes           |                  2 | On Loan: No      |
| THE J. M. SMUCKER COMPANY                                    | J M SMUCKER CO THE                                 | CUSIP: 832696AY4<br>LEI: 5493000WDH6A0LHDJD55 | Long             | DBT              | CORP              | US        |    225000 | PA      | $241431.80    | 0.16%             | 2043-11-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PPL CAPITAL FUNDING, INC.                                    | PPL CAPITAL FUNDING INC                            | CUSIP: 69352PAT0<br>LEI: 549300MROK5WY0D2NU17 | Long             | DBT              | CORP              | US        |     88000 | PA      | $90168.33     | 0.06%             | 2034-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| The Bank of New York Mellon Corporation                      | BANK OF NEW YORK MELLON CORP THE                   | CUSIP: 06406YAB8<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    227000 | PA      | $238321.88    | 0.16%             | 2039-07-21      | Fixed         | 5.61%                 | No            |                  2 | On Loan: No      |
| GXO LOGISTICS, INC.                                          | GXO LOGISTICS INC                                  | CUSIP: 36262GAD3<br>LEI: 5493007CNWMXN78JRN66 | Long             | DBT              | CORP              | US        |    750000 | PA      | $675452.44    | 0.46%             | 2031-07-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Regions Bank                                                 | REGIONS BANK                                       | CUSIP: 75913MAA7<br>LEI: EQTWLK1G7ODGC2MGLV11 | Long             | DBT              | CORP              | US        |    500000 | PA      | $542210.00    | 0.37%             | 2037-06-26      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| Allianz SE                                                   | ALLIANZ SE                                         | CUSIP: 018820AC4<br>LEI: 529900K9B0N5BT694847 | Long             | DBT              | CORP              | DE        |    200000 | PA      | $214543.78    | 0.15%             | 2053-09-06      | Fixed         | 6.35%                 | Yes           |                  2 | On Loan: No      |
| AMERICAN NATIONAL GLOBAL FUNDING                             | AMERICAN NATIONAL GLOBAL FUNDING                   | CUSIP: 02771D2A1<br>LEI: 63540033TQXTOXKK1L93 | Long             | DBT              | CORP              | US        |    162000 | PA      | $166678.56    | 0.11%             | 2030-01-28      | Fixed         | 5.55%                 | Yes           |                  2 | On Loan: No      |
| OGLETHORPE POWER CORP                                        | OGLETHORPE POWER CORP                              | CUSIP: 677050AS5<br>LEI: 3EERXCUSWMS9GV5D9M98 | Long             | DBT              | CORP              | US        |    312000 | PA      | $261880.32    | 0.18%             | 2047-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                                                 | UBS GROUP AG                                       | CUSIP: 225401BP2<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    244000 | PA      | $241946.96    | 0.16%             | 2037-03-23      | Fixed         | 5.01%                 | Yes           |                  2 | On Loan: No      |
| KEYSIGHT TECHNOLOGIES, INC.                                  | KEYSIGHT TECHNOLOGIES INC                          | CUSIP: 49338LAG8<br>LEI: 549300GLKVIO8YRCYN02 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201609.02    | 0.14%             | 2034-10-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| AMGEN INC.                                                   | AMGEN INC                                          | CUSIP: 031162DF4<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    250000 | PA      | $198386.63    | 0.13%             | 2052-02-22      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| THE CIGNA GROUP                                              | CIGNA CORP                                         | CUSIP: 125523CB4<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |    500000 | PA      | $496841.17    | 0.34%             | 2027-03-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| TSMC ARIZONA CORPORATION                                     | TSMC ARIZONA CORP                                  | CUSIP: 872898AC5<br>LEI: 2549005GOBWLCSY63Q97 | Long             | DBT              | CORP              | US        |    200000 | PA      | $182145.38    | 0.12%             | 2031-10-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC.                                                  | ABBVIE INC                                         | CUSIP: 00287YCB3<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    500000 | PA      | $413285.00    | 0.28%             | 2049-11-21      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ALIMENTATION COUCHE-TARD INC.                                | ALIMENTATION COUCHE TARD                           | CUSIP: 01626PAM8<br>LEI: 549300OSW32RVX8CCZ87 | Long             | DBT              | CORP              | CA        |    250000 | PA      | $236907.24    | 0.16%             | 2030-01-25      | Fixed         | 2.95%                 | Yes           |                  2 | On Loan: No      |
| PLAINS ALL AMERICAN PIPELINE, L.P.                           | PLAINS ALL AMERICAN PIPELINE LP PAA FINANCE CORP   | CUSIP: 72650RBS0<br>LEI: 5521FA2ITF25TVH63740 | Long             | DBT              | CORP              | US        |    200000 | PA      | $202553.33    | 0.14%             | 2036-01-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Financial Group, Inc.                        | SUMITOMO MITSUI FINANCIAL GROUP INC                | CUSIP: 86562MCN8<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    250000 | PA      | $238465.80    | 0.16%             | 2029-01-14      | Fixed         | 2.47%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO.                                         | JPMORGAN CHASE CO                                  | CUSIP: 46647PBX3<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    530000 | PA      | $472605.14    | 0.32%             | 2032-02-04      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| FELLS POINT FUNDING TRUST                                    | FELLS POINT FUNDING TRUST                          | CUSIP: 314382AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    750000 | PA      | $741139.60    | 0.50%             | 2027-01-31      | Fixed         | 3.05%                 | Yes           |                  2 | On Loan: No      |
| FEDEX CORPORATION                                            | FEDEX CORP                                         | CUSIP: 31428XDU7<br>LEI: 549300E707U7WNPZN687 | Long             | DBT              | CORP              | US        |    250000 | PA      | $191233.79    | 0.13%             | 2048-02-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| WRKCO INC.                                                   | WRKCO INC                                          | CUSIP: 92940PAG9<br>LEI: 549300JEB576INN13W07 | Long             | DBT              | CORP              | US        |    200000 | PA      | $178254.82    | 0.12%             | 2033-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES, INC.                                        | UNITED AIRLINES 2024 1 CLASS A PASS THROUGH TRUST  | CUSIP: 90932WAA1<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |    265518 | PA      | $272982.27    | 0.19%             | 2038-08-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB COMPANY                                 | BRISTOL MYERS SQUIBB CO                            | CUSIP: 110122DL9<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    300000 | PA      | $259561.09    | 0.18%             | 2048-02-20      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| MARTIN MARIETTA MATERIALS, INC.                              | MARTIN MARIETTA MATERIALS INC                      | CUSIP: 573284BB1<br>LEI: 5299005MZ4WZECVATV08 | Long             | DBT              | CORP              | US        |    150000 | PA      | $144947.50    | 0.10%             | 2054-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| 200 PARK FUNDING TRUST                                       | 200 PARK FUNDING TRUST                             | CUSIP: 901928AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    220000 | PA      | $218822.21    | 0.15%             | 2055-02-15      | Fixed         | 5.74%                 | Yes           |                  2 | On Loan: No      |
| POTOMAC ELECTRIC POWER COMPANY                               | POTOMAC ELECTRIC POWER CO                          | CUSIP: 737679DJ6<br>LEI: 549300BXF2DWUNN57U06 | Long             | DBT              | CORP              | US        |    300000 | PA      | $289928.10    | 0.20%             | 2054-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| VERISK ANALYTICS, INC.                                       | VERISK ANALYTICS INC                               | CUSIP: 92345YAJ5<br>LEI: 549300I1YSWNIRKBWP67 | Long             | DBT              | CORP              | US        |    300000 | PA      | $307043.61    | 0.21%             | 2034-06-05      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| JBS USA Holding Lux S.a r.l.                                 | BS USA FOODS GROUP                                 | CUSIP: 472140AA0<br>LEI: RB8RC03FUD8DSX57C193 | Long             | DBT              | CORP              | LU        |    200000 | PA      | $210197.72    | 0.14%             | 2035-04-20      | Fixed         | 5.95%                 | Yes           |                  2 | On Loan: No      |
| 180 MEDICAL, INC.                                            | 180 MEDICAL INC                                    | CUSIP: 682357AB4<br>LEI: 254900ZB648OPWVFVX59 | Long             | DBT              | CORP              | US        |     99000 | PA      | $98687.77     | 0.07%             | 2035-10-08      | Fixed         | 5.30%                 | Yes           |                  2 | On Loan: No      |
| CBRE SERVICES, INC.                                          | CBRE SERVICES INC                                  | CUSIP: 12505BAE0<br>LEI: 549300CTE3HOMEUMM603 | Long             | DBT              | CORP              | US        |    250000 | PA      | $226927.24    | 0.15%             | 2031-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES CORP.                                        | TARGA RESOURCES CORP                               | CUSIP: 87612GAM3<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |    125000 | PA      | $128050.56    | 0.09%             | 2035-08-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| JABIL INC.                                                   | JABIL INC                                          | CUSIP: 466313AK9<br>LEI: 5493000CGCQY2OQU7669 | Long             | DBT              | CORP              | US        |    500000 | PA      | $465813.99    | 0.32%             | 2031-01-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BRUNSWICK CORPORATION                                        | BRUNSWICK CORP DE                                  | CUSIP: 117043AU3<br>LEI: YM4O38W15AX4YLLQKU27 | Long             | DBT              | CORP              | US        |    250000 | PA      | $238368.63    | 0.16%             | 2032-09-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| W. R. BERKLEY CORPORATION                                    | W R BERKLEY CORP                                   | CUSIP: 084423AV4<br>LEI: SQOAGCLKBDWNVYV1OV80 | Long             | DBT              | CORP              | US        |    250000 | PA      | $175348.15    | 0.12%             | 2052-03-30      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| MATTEL, INC.                                                 | MATTEL INC                                         | CUSIP: 577081BG6<br>LEI: 549300VELLG24KHTJ564 | Long             | DBT              | CORP              | US        |     54000 | PA      | $54367.61     | 0.04%             | 2030-11-17      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GEORGIA POWER COMPANY                                        | GEORGIA POWER CO                                   | CUSIP: 373334KW0<br>LEI: D981X4Z4RWS7PDMJUZ03 | Long             | DBT              | CORP              | US        |    500000 | PA      | $516424.42    | 0.35%             | 2034-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ONEOK, INC.                                                  | ONEOK INC                                          | CUSIP: 682680CE1<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    260000 | PA      | $257968.48    | 0.17%             | 2034-11-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| PENSKE TRUCK LEASING CO., L.P.                               | PENSKE TRUCK LEASING CO LP PTL FINANCE CORP        | CUSIP: 709599BZ6<br>LEI: 549300ZX07JYMI8GHQ39 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102859.94    | 0.07%             | 2029-03-30      | Fixed         | 5.35%                 | Yes           |                  2 | On Loan: No      |
| FIRST HORIZON BANK                                           | FIRST HORIZON BANK                                 | CUSIP: 337158AJ8<br>LEI: COOWI3L2W9TPYR3WJX37 | Long             | DBT              | CORP              | US        |    250000 | PA      | $258349.68    | 0.18%             | 2030-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| HUMANA INC.                                                  | HUMANA INC                                         | CUSIP: 444859CA8<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |    170000 | PA      | $175641.20    | 0.12%             | 2031-04-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES L.P.                                         | VICI PROPERTIES LP                                 | CUSIP: 925650AK9<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102121.90    | 0.07%             | 2035-04-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                            | HSBC HOLDINGS PLC                                  | CUSIP: 404280CV9<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   1000000 | PA      | $950696.81    | 0.64%             | 2029-08-17      | Fixed         | 2.21%                 | No            |                  2 | On Loan: No      |
| Enbridge Inc.                                                | ENBRIDGE INC                                       | CUSIP: 29250NCC7<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    300000 | PA      | $313277.89    | 0.21%             | 2034-04-05      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| PACKAGING CORPORATION OF AMERICA                             | PACKAGING CORP OF AMERICA                          | CUSIP: 695156AY5<br>LEI: 549300XZP8MFZFY8TJ84 | Long             | DBT              | CORP              | US        |     83000 | PA      | $84306.39     | 0.06%             | 2035-08-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| CULLEN/FROST BANKERS, INC.                                   | CULLEN FROST BANKERS INC                           | CUSIP: 229899AB5<br>LEI: 529900V2E9G9AY665O34 | Long             | DBT              | CORP              | US        |    500000 | PA      | $499945.26    | 0.34%             | 2027-03-17      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| United States of America                                     | U S TREASURY NOTE                                  | CUSIP: 91282CPA3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    650000 | PA      | $647613.28    | 0.44%             | 2030-09-30      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| WEIR GROUP INC.                                              | WEIR GROUP PLC THE                                 | CUSIP: 94877DAA2<br>LEI: 2138009WEPEV2V98AV65 | Long             | DBT              | CORP              | US        |    157000 | PA      | $161339.11    | 0.11%             | 2030-05-06      | Fixed         | 5.35%                 | Yes           |                  2 | On Loan: No      |
| United States of America                                     | U S TREASURY NOTE                                  | CUSIP: 91282CNY3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1100000 | PA      | $1095617.19   | 0.74%             | 2028-09-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| PRUDENTIAL FINANCIAL, INC.                                   | PRUDENTIAL FINANCIAL INC                           | CUSIP: 744320BA9<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |    500000 | PA      | $388290.00    | 0.26%             | 2049-12-07      | Fixed         | 3.94%                 | No            |                  2 | On Loan: No      |
| ARTHUR J. GALLAGHER & CO.                                    | ARTHUR J GALLAGHER CO                              | CUSIP: 04316JAN9<br>LEI: 54930049QLLMPART6V29 | Long             | DBT              | CORP              | US        |    250000 | PA      | $252823.16    | 0.17%             | 2035-02-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO.                                         | JPMORGAN CHASE CO                                  | CUSIP: 46647PFC5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    285000 | PA      | $295391.10    | 0.20%             | 2036-07-23      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| UNIVERSAL HEALTH SERVICES, INC.                              | UNIVERSAL HEALTH SERVICES INC                      | CUSIP: 913903BC3<br>LEI: 549300YGMGQDO0NMJD09 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147202.00    | 0.10%             | 2034-10-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                               | MORGAN STANLEY                                     | CUSIP: 6174468X0<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    250000 | PA      | $219353.89    | 0.15%             | 2032-04-28      | Fixed         | 1.93%                 | No            |                  2 | On Loan: No      |
| CRH AMERICA FINANCE, INC.                                    | CRH AMERICA FINANCE INC                            | CUSIP: 12636YAF9<br>LEI: 549300WEVUODRJ4CWK56 | Long             | DBT              | CORP              | US        |    250000 | PA      | $260509.64    | 0.18%             | 2035-01-09      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Brookfield Finance Inc.                                      | BROOKFIELD FINANCE INC                             | CUSIP: 11271LAH5<br>LEI: 549300XH8D8K6OYWGD17 | Long             | DBT              | CORP              | CA        |    500000 | PA      | $457984.33    | 0.31%             | 2031-04-15      | Fixed         | 2.72%                 | No            |                  2 | On Loan: No      |
| GLOBAL ATLANTIC (FIN) COMPANY                                | GLOBAL ATLANTIC FIN CO                             | CUSIP: 37959GAB3<br>LEI: 98450051B2E65CAA7E94 | Long             | DBT              | CORP              | US        |    250000 | PA      | $225968.84    | 0.15%             | 2031-06-15      | Fixed         | 3.12%                 | Yes           |                  2 | On Loan: No      |
| Carnival Corporation                                         | CARNIVAL CORP                                      | CUSIP: 143658CB6<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    192000 | PA      | $194284.97    | 0.13%             | 2029-05-01      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB COMPANY                                 | BRISTOL MYERS SQUIBB CO                            | CUSIP: 110122DS4<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    500000 | PA      | $296182.40    | 0.20%             | 2050-11-13      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| M&T BANK CORPORATION                                         | M T BANK CORP                                      | CUSIP: 55261FAR5<br>LEI: 549300WYXDDBYRASEG81 | Long             | DBT              | CORP              | US        |    250000 | PA      | $251580.00    | 0.17%             | 2034-01-30      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                               | MORGAN STANLEY                                     | CUSIP: 61747YFT7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    250000 | PA      | $257397.49    | 0.17%             | 2035-07-19      | Fixed         | 5.32%                 | No            |                  2 | On Loan: No      |
| Ontario Teachers' Cadillac Fairview Properties Trust         | ONTARIO TEACHERS CADILLAC FAIRVIEW PROP            | CUSIP: 68327LAD8<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    504000 | PA      | $452496.24    | 0.31%             | 2031-10-15      | Fixed         | 2.50%                 | Yes           |                  2 | On Loan: No      |
| DOLLAR GENERAL CORPORATION                                   | DOLLAR GENERAL CORP                                | CUSIP: 256677AN5<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | DBT              | CORP              | US        |    250000 | PA      | $256251.32    | 0.17%             | 2028-07-05      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| SODEXO, INC.                                                 | SODEXO INC                                         | CUSIP: 833794AB6<br>LEI: 549300WSZGQGJQXRFU84 | Long             | DBT              | CORP              | US        |    750000 | PA      | $681391.93    | 0.46%             | 2031-04-16      | Fixed         | 2.72%                 | Yes           |                  2 | On Loan: No      |
| T-MOBILE USA, INC.                                           | T MOBILE USA INC                                   | CUSIP: 87264ABX2<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    500000 | PA      | $443168.10    | 0.30%             | 2031-11-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| WESTPAC BANKING CORPORATION                                  | WESTPAC BANKING CORP                               | CUSIP: 961214DF7<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |    500000 | PA      | $499553.46    | 0.34%             | 2031-11-23      | Fixed         | 4.32%                 | No            |                  2 | On Loan: No      |
| HUNTSMAN INTERNATIONAL LLC                                   | HUNTSMAN INTERNATIONAL LLC                         | CUSIP: 44701QBG6<br>LEI: 3YTEJFW18LGIUQ2N5J61 | Long             | DBT              | CORP              | US        |    220000 | PA      | $199870.41    | 0.14%             | 2034-10-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                                                 | CREDIT SUISSE GROUP AG                             | CUSIP: 225401AU2<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    500000 | PA      | $463793.94    | 0.31%             | 2032-05-14      | Fixed         | 3.09%                 | Yes           |                  2 | On Loan: No      |
| HUNTINGTON BANCSHARES INCORPORATED                           | HUNTINGTON BANCSHARES INC OH                       | CUSIP: 446150AX2<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |    500000 | PA      | $433589.20    | 0.29%             | 2036-08-15      | Fixed         | 2.49%                 | No            |                  2 | On Loan: No      |
| BACARDI LIMITED                                              | BACARDI LTD BACARDI MARTINI BV                     | CUSIP: 05635JAB6<br>LEI: 549300R32WTQNHNN5055 | Long             | DBT              | CORP              | BM        |    300000 | PA      | $303582.39    | 0.21%             | 2033-06-15      | Fixed         | 5.40%                 | Yes           |                  2 | On Loan: No      |
| HEALTH CARE SERVICE CORP MUT LEG RES CO                      | HEALTH CARE SERVICE CORP A MUTUAL LEGAL RESERVE CO | CUSIP: 42218SAM0<br>LEI: 549300TMJ1FKCKECR148 | Long             | DBT              | CORP              | US        |    300000 | PA      | $288895.43    | 0.20%             | 2054-06-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| OTIS WORLDWIDE CORPORATION                                   | OTIS WORLDWIDE CORP                                | CUSIP: 68902VAL1<br>LEI: 549300ZLBKR8VSU25153 | Long             | DBT              | CORP              | US        |    500000 | PA      | $393884.13    | 0.27%             | 2040-02-15      | Fixed         | 3.11%                 | No            |                  2 | On Loan: No      |
| COTY INC.                                                    | COTY INC HFC PRESTIGE PRODUCTS INC                 | CUSIP: 22207AAA0<br>LEI: 549300BO9IWPF3S48F93 | Long             | DBT              | CORP              | US        |    190000 | PA      | $194963.51    | 0.13%             | 2030-07-15      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| KEURIG DR PEPPER INC.                                        | KEURIG DR PEPPER INC                               | CUSIP: 49271VAP5<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |    250000 | PA      | $247146.20    | 0.17%             | 2029-04-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| DTE ENERGY COMPANY                                           | DTE ENERGY CO                                      | CUSIP: 233331BM8<br>LEI: 549300IX8SD6XXD71I78 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101312.38    | 0.07%             | 2027-07-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| AVERY DENNISON CORPORATION                                   | AVERY DENNISON CORP                                | CUSIP: 053611AM1<br>LEI: 549300PW7VPFCYKLIV37 | Long             | DBT              | CORP              | US        |    500000 | PA      | $439379.52    | 0.30%             | 2032-02-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                  | BANK OF AMERICA CORP                               | CUSIP: 06051GHD4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1235381.76   | 0.84%             | 2028-12-20      | Fixed         | 3.42%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA, INC.                                           | T MOBILE USA INC                                   | CUSIP: 87264ADY8<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    190000 | PA      | $185730.70    | 0.13%             | 2056-01-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| SMITH & NEPHEW PLC                                           | SMITH NEPHEW PLC                                   | CUSIP: 83192PAA6<br>LEI: 213800ZTMDN8S67S1H61 | Long             | DBT              | CORP              | GB        |    475000 | PA      | $427049.66    | 0.29%             | 2030-10-14      | Fixed         | 2.03%                 | No            |                  2 | On Loan: No      |
| Bacardi-Martini B.V.                                         | BACARDI MARTINI BV                                 | CUSIP: 05634WAB8<br>LEI: 5493002XXBV8B88K2408 | Long             | DBT              | CORP              | NL        |    150000 | PA      | $155884.30    | 0.11%             | 2035-02-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| MARSH & MCLENNAN COMPANIES, INC.                             | MARSH MCLENNAN COS INC                             | CUSIP: 571748CD2<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |    325000 | PA      | $312992.48    | 0.21%             | 2055-03-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| MCCORMICK & COMPANY, INCORPORATED                            | MCCORMICK CO INC MD                                | CUSIP: 579780AS6<br>LEI: 549300JQQA6MQ4OJP259 | Long             | DBT              | CORP              | US        |    500000 | PA      | $441289.56    | 0.30%             | 2031-02-15      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| HARBOUR ENERGY PLC                                           | HARBOUR ENERGY PLC                                 | CUSIP: 411618AD3<br>LEI: 213800YPC42DYBKVPF97 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $202653.34    | 0.14%             | 2035-04-01      | Fixed         | 6.33%                 | Yes           |                  2 | On Loan: No      |
| HSBC US GOVERNMENT MONEY MARKET FUND                         | HSBC US GOVT MMKT-I                                | CUSIP: 40428X107<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   1037326 | NS      | $1037325.63   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| SYNOPSYS, INC.                                               | SYNOPSYS INC                                       | CUSIP: 871607AE7<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | DBT              | CORP              | US        |    245000 | PA      | $248935.74    | 0.17%             | 2035-04-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL INC.                                          | ALLY FINANCIAL INC                                 | CUSIP: 02005NBV1<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |    200000 | PA      | $207524.00    | 0.14%             | 2035-07-26      | Fixed         | 6.18%                 | No            |                  2 | On Loan: No      |
| FLORIDA POWER & LIGHT COMPANY                                | FLORIDA POWER LIGHT CO                             | CUSIP: 341081FX0<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |    250000 | PA      | $171265.03    | 0.12%             | 2049-10-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| MARRIOTT INTERNATIONAL, INC.                                 | MARRIOTT INTERNATIONAL                             | CUSIP: 571903BF9<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |    250000 | PA      | $233495.80    | 0.16%             | 2032-10-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS COMPANY                                     | AMERICAN EXPRESS CO                                | CUSIP: 025816CX5<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    500000 | PA      | $508543.77    | 0.34%             | 2033-05-26      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORPORATION                                      | DUKE ENERGY CORP                                   | CUSIP: 26441CCF0<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |    250000 | PA      | $247382.91    | 0.17%             | 2054-06-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Mitsubishi UFJ Financial Group, Inc.                         | MITSUBISHI UFJ FINANCIAL GROUP INC                 | CUSIP: 606822DL5<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $209492.38    | 0.14%             | 2036-04-24      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| MACQUARIE BANK LIMITED                                       | MACQUARIE BANK LTD                                 | CUSIP: 556079AD3<br>LEI: 4ZHCHI4KYZG2WVRT8631 | Long             | DBT              | CORP              | AU        |    500000 | PA      | $455148.23    | 0.31%             | 2036-03-03      | Fixed         | 3.05%                 | Yes           |                  2 | On Loan: No      |
| Duke Energy Carolinas, LLC                                   | DUKE ENERGY CAROLINAS LLC                          | CUSIP: 26442CBG8<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |    250000 | PA      | $229047.72    | 0.16%             | 2032-03-15      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| INVESCO GOVERNMENT & AGENCY PORTFOLIO                        | INVESCO GVT & AGNCY-INST                           | CUSIP: 825252885<br>LEI: N/A                  | Long             | STIV             | RF                | US        |    998826 | NS      | $998825.63    | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| WESTERN DIGITAL CORPORATION                                  | WESTERN DIGITAL CORP                               | CUSIP: 958102AQ8<br>LEI: 549300QQXOOYEF89IC56 | Long             | DBT              | CORP              | US        |    250000 | PA      | $239088.65    | 0.16%             | 2029-02-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| BIO-RAD LABORATORIES, INC.                                   | BIO RAD LABORATORIES INC                           | CUSIP: 090572AR9<br>LEI: 549300ZC1GPV35XYDK53 | Long             | DBT              | CORP              | US        |    250000 | PA      | $247753.87    | 0.17%             | 2027-03-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM CORPORATION                             | OCCIDENTAL PETROLEUM COR                           | CUSIP: 674599CY9<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    400000 | PA      | $301502.17    | 0.20%             | 2049-08-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| BURLINGTON NORTHERN SANTA FE, LLC                            | BURLINGTON NORTHERN SANTA FE LLC                   | CUSIP: 12189LAZ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $399872.72    | 0.27%             | 2046-08-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| BAXTER INTERNATIONAL INC.                                    | BAXTER INTERNATIONAL INC                           | CUSIP: 071813DE6<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |     66000 | PA      | $66945.78     | 0.05%             | 2035-12-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| AUTONATION, INC.                                             | AUTONATION INC                                     | CUSIP: 05329RAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $470193.62    | 0.32%             | 2032-03-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| GLENCORE FUNDING LLC                                         | GLENCORE FUNDING LLC                               | CUSIP: 378272BD9<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |    300000 | PA      | $297592.56    | 0.20%             | 2026-04-27      | Fixed         | 1.62%                 | Yes           |                  2 | On Loan: No      |
| BLUE OWL CREDIT INCOME CORP.                                 | OWL ROCK CORE INCOME CORP                          | CUSIP: 69120VAF8<br>LEI: 5493003I42XBWPE05N35 | Long             | DBT              | CORP              | US        |    175000 | PA      | $174501.66    | 0.12%             | 2027-02-08      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| WEBSTER FINANCIAL CORPORATION                                | WEBSTER FINANCIAL CORP                             | CUSIP: 947890AJ8<br>LEI: KMRURHT0VWKYS6Z5KU67 | Long             | DBT              | CORP              | US        |    500000 | PA      | $491831.00    | 0.33%             | 2029-03-25      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH, INC.                                        | ELEVANCE HEALTH INC                                | CUSIP: 036752AY9<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    300000 | PA      | $309222.26    | 0.21%             | 2029-06-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| SMURFIT WESTROCK FINANCING DESIGNATED ACTIVITY COMPANY       | SMURFIT WESTROCK FINANCING DAC                     | CUSIP: 83272YAB8<br>LEI: 6354005S6ZLHLVX7VT12 | Long             | DBT              | CORP              | IE        |    200000 | PA      | $206268.35    | 0.14%             | 2035-01-15      | Fixed         | 5.42%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA, INC.                                           | T MOBILE USA INC                                   | CUSIP: 87264ACB9<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    800000 | PA      | $730779.19    | 0.50%             | 2031-02-15      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| AMGEN INC.                                                   | AMGEN INC                                          | CUSIP: 031162DB3<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    500000 | PA      | $471241.65    | 0.32%             | 2028-08-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| ORACLE CORPORATION                                           | ORACLE CORP                                        | CUSIP: 68389XCC7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    600000 | PA      | $596193.53    | 0.40%             | 2026-03-25      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| MASTEC, INC.                                                 | MASTEC INC                                         | CUSIP: 576323AT6<br>LEI: 549300TMDIT8WREDOF45 | Long             | DBT              | CORP              | US        |    214000 | PA      | $223460.46    | 0.15%             | 2029-06-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| DTE ENERGY COMPANY                                           | DTE ENERGY CO                                      | CUSIP: 233331BL0<br>LEI: 549300IX8SD6XXD71I78 | Long             | DBT              | CORP              | US        |     47000 | PA      | $50122.18     | 0.03%             | 2034-06-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| The Northwestern Mutual Life Insurance Co                    | NORTHWESTERN MUTUAL LIFE INSURANCE CO THE          | CUSIP: 668138AF7<br>LEI: 1DU7IM20QESYGDO4HO54 | Long             | DBT              | CORP              | US        |    188000 | PA      | $200372.28    | 0.14%             | 2055-05-29      | Fixed         | 6.17%                 | Yes           |                  2 | On Loan: No      |
| Kioxia Holdings Corporation                                  | KIOXIA HOLDINGS CORP                               | CUSIP: 49726JAB4<br>LEI: 35380080RTKRARNH4R73 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $208214.52    | 0.14%             | 2033-07-24      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| DELTA AIR LINES, INC.                                        | DELTA AIR LINES INC                                | CUSIP: 247361A32<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | DBT              | CORP              | US        |    150000 | PA      | $154213.14    | 0.10%             | 2030-07-10      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Northern States Power Company (Wisconsin)                    | NORTHERN STATES POWER CO WI                        | CUSIP: 665789BC6<br>LEI: OOVRSRHKQSBLKRB7QM17 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201783.97    | 0.14%             | 2054-06-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| COLUMBIA PIPELINES HOLDING COMPANY LLC                       | COLUMBIA PIPELINE HOLDCO                           | CUSIP: 19829DA26<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |    300000 | PA      | $299935.20    | 0.20%             |  |  |  | Yes           |                  2 | On Loan: No      |
| ATLASSIAN CORPORATION                                        | ATLASSIAN CORP                                     | CUSIP: 049468AB7<br>LEI: 549300V7ZY5P02D2MY38 | Long             | DBT              | CORP              | US        |    230000 | PA      | $238042.66    | 0.16%             | 2034-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                           | ENERGY TRANSFER LP                                 | CUSIP: 86765BAQ2<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    200000 | PA      | $181598.00    | 0.12%             | 2045-05-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| BROWN & BROWN, INC.                                          | BROWN BROWN INC                                    | CUSIP: 115236AG6<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |    300000 | PA      | $309637.21    | 0.21%             | 2034-06-11      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| DTE ELECTRIC COMPANY                                         | DTE ELECTRIC CO                                    | CUSIP: 23338VAR7<br>LEI: 9N0FWODEJVKHC2DYLO03 | Long             | DBT              | CORP              | US        |    500000 | PA      | $369094.80    | 0.25%             | 2052-03-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES PARTNERS LP                                  | TARGA RESOURCES PARTNERS                           | CUSIP: 87612BBQ4<br>LEI: 6OQWTZ1SPC04IFT4T704 | Long             | DBT              | CORP              | US        |    250000 | PA      | $253951.03    | 0.17%             | 2030-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AMFAM HOLDINGS, INC.                                         | AMFAM HOLDINGS INC                                 | CUSIP: 03115AAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $438667.13    | 0.30%             | 2031-03-11      | Fixed         | 2.81%                 | Yes           |                  2 | On Loan: No      |
| CREDIT AGRICOLE SA                                           | CREDIT AGRICOLE SA                                 | CUSIP: 225313AQ8<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |    250000 | PA      | $265881.10    | 0.18%             | 2035-01-10      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| NIAGARA MOHAWK POWER CORPORATION                             | NIAGARA MOHAWK POWER CORP                          | CUSIP: 65364UAT3<br>LEI: 3T97Y9RR5EN5Y18QHB56 | Long             | DBT              | CORP              | US        |    250000 | PA      | $254408.22    | 0.17%             | 2034-01-17      | Fixed         | 5.29%                 | Yes           |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP OF AMERICA FINANCE, LLC                     | VOLKSWAGEN GROUP OF AMERICA FINANCE LLC            | CUSIP: 928668CS9<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |    275000 | PA      | $284777.12    | 0.19%             | 2035-03-27      | Fixed         | 5.80%                 | Yes           |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                     | LLOYDS BANKING GROUP PLC                           | CUSIP: 539439AW9<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    303000 | PA      | $353396.23    | 0.24%             | 2033-11-15      | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| DUQUESNE LIGHT HOLDINGS, INC.                                | DUQUESNE LIGHT HOLDINGS INC                        | CUSIP: 266233AH8<br>LEI: 4CUJ1D8WDXK9X7QI6B93 | Long             | DBT              | CORP              | US        |    150000 | PA      | $136276.69    | 0.09%             | 2030-10-01      | Fixed         | 2.53%                 | Yes           |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC.                                         | GLOBAL PAYMENTS INC                                | CUSIP: 37940XAY8<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149187.01    | 0.10%             | 2035-11-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| ASHTEAD CAPITAL, INC.                                        | ASHTEAD CAPITAL INC                                | CUSIP: 04505AAA7<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | US        |    500000 | PA      | $516018.05    | 0.35%             | 2032-08-11      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| VSP OPTICAL GROUP, INC.                                      | VSP OPTICAL GROUP INC                              | CUSIP: 91836LAA0<br>LEI: 549300PHX8USLM2BT742 | Long             | DBT              | CORP              | US        |     81000 | PA      | $81577.50     | 0.06%             | 2035-12-01      | Fixed         | 5.45%                 | Yes           |                  2 | On Loan: No      |
| APTARGROUP, INC.                                             | APTARGROUP INC                                     | CUSIP: 038336AA1<br>LEI: VNPEQDQFAA7IY1T2PX43 | Long             | DBT              | CORP              | US        |    588000 | PA      | $549240.86    | 0.37%             | 2032-03-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| SOUTHWESTERN ELECTRIC POWER COMPANY                          | SOUTHWESTERN ELECTRIC POWER CO                     | CUSIP: 845437BT8<br>LEI: R64UBJHEC74EB3HGQ410 | Long             | DBT              | CORP              | US        |    250000 | PA      | $164868.92    | 0.11%             | 2051-11-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| RYDER SYSTEM, INC.                                           | RYDER SYSTEM INC                                   | CUSIP: 78355HKT5<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | DBT              | CORP              | US        |    500000 | PA      | $493564.30    | 0.33%             | 2027-03-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| ZOETIS INC.                                                  | ZOETIS INC                                         | CUSIP: 98978VAX1<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | DBT              | CORP              | US        |    400000 | PA      | $404495.32    | 0.27%             | 2035-08-17      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| THE PNC FINANCIAL SERVICES GROUP, INC.                       | PNC FINANCIAL SERVICES                             | CUSIP: 693475AZ8<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $941338.04    | 0.64%             | 2030-01-22      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| HOST HOTELS & RESORTS, L.P.                                  | HOST HOTELS RESORTS LP                             | CUSIP: 44107TAZ9<br>LEI: FXB7X4WXVA8QPMNOGS12 | Long             | DBT              | CORP              | US        |    500000 | PA      | $476994.75    | 0.32%             | 2030-09-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                                | FORD MOTOR CREDIT CO LLC                           | CUSIP: 345397ZR7<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    300000 | PA      | $300580.03    | 0.20%             | 2029-05-03      | Fixed         | 5.11%                 | No            |                  2 | On Loan: No      |
| THE TIMKEN COMPANY                                           | TIMKEN CO THE                                      | CUSIP: 887389AL8<br>LEI: B0I35MLPFXZSE70ASS73 | Long             | DBT              | CORP              | US        |    500000 | PA      | $480274.33    | 0.33%             | 2032-04-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| BAXTER INTERNATIONAL INC.                                    | BAXTER INTERNATIONAL INC                           | CUSIP: 071813BP3<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |    535000 | PA      | $379098.58    | 0.26%             | 2046-08-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| HELMERICH & PAYNE, INC.                                      | HELMERICH PAYNE INC                                | CUSIP: 423452AN1<br>LEI: 254900NAOGHJ88RZ4C73 | Long             | DBT              | CORP              | US        |    260000 | PA      | $256219.49    | 0.17%             | 2034-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| WORKDAY, INC.                                                | WORKDAY INC                                        | CUSIP: 98138HAH4<br>LEI: 549300J0DYC0N31V7G13 | Long             | DBT              | CORP              | US        |    500000 | PA      | $492962.56    | 0.33%             | 2029-04-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: —       |
| United States of America                                     | U S TREASURY BOND                                  | CUSIP: 912810TL2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    200000 | PA      | $174187.50    | 0.12%             | 2052-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BUNGE Ltd FINANCE CORP                                       | BUNGE LTD FINANCE CORP                             | CUSIP: 120568BC3<br>LEI: 549300QHC068L40NNM71 | Long             | DBT              | CORP              | US        |    500000 | PA      | $459225.59    | 0.31%             | 2031-05-14      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| FIRST AMERICAN FINANCIAL CORPORATION                         | FIRST AMERICAN FINANCIAL CORP                      | CUSIP: 31847RAH5<br>LEI: 549300B6VEZK3N0A1P55 | Long             | DBT              | CORP              | US        |    750000 | PA      | $654580.02    | 0.44%             | 2031-08-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| ERP OPERATING LIMITED PARTNERSHIP                            | ERP OPERATING LP                                   | CUSIP: 26884ABF9<br>LEI: DX5HQV5MLU50FEWZ5072 | Long             | DBT              | CORP              | US        |    500000 | PA      | $495564.30    | 0.34%             | 2026-11-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| CCL INDUSTRIES INC.                                          | CCL INDUSTRIES INC                                 | CUSIP: 124900AB7<br>LEI: 549300TD3EMSRRC0YH75 | Long             | DBT              | CORP              | CA        |    250000 | PA      | $247804.72    | 0.17%             | 2026-10-01      | Fixed         | 3.25%                 | Yes           |                  2 | On Loan: No      |
| THE HOME DEPOT, INC.                                         | HOME DEPOT INC THE                                 | CUSIP: 437076CG5<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    600000 | PA      | $344946.00    | 0.23%             | 2051-03-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| AEP TEXAS INC.                                               | AEP TEXAS INC                                      | CUSIP: 00108WAT7<br>LEI: 5493001L78U618KXNZ75 | Long             | DBT              | CORP              | US        |    275000 | PA      | $286958.27    | 0.19%             | 2034-05-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| FRESENIUS MEDICAL CARE US FINANCE III, INC.                  | FRESENIUS MED CARE III                             | CUSIP: 35805BAB4<br>LEI: 5299006ZHLMXOOUVTU44 | Long             | DBT              | CORP              | US        |    250000 | PA      | $222202.05    | 0.15%             | 2031-02-16      | Fixed         | 2.38%                 | Yes           |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO.                                         | JPMORGAN CHASE CO                                  | CUSIP: 46647PBP0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    250000 | PA      | $236007.02    | 0.16%             | 2031-05-13      | Fixed         | 2.96%                 | No            |                  2 | On Loan: No      |
| FIRST HORIZON CORPORATION                                    | FIRST HORIZON CORP                                 | CUSIP: 320517AE5<br>LEI: TF3RXI1ZB1TQ30H9JV10 | Long             | DBT              | CORP              | US        |     50000 | PA      | $51662.91     | 0.04%             | 2031-03-07      | Fixed         | 5.51%                 | No            |                  2 | On Loan: No      |
| SOLVENTUM CORPORATION                                        | SOLVENTUM CORP                                     | CUSIP: 83444MAS0<br>LEI: 254900I70403OSGY4M28 | Long             | DBT              | CORP              | US        |     74000 | PA      | $74646.02     | 0.05%             | 2054-04-30      | Fixed         | 5.90%                 | No            |                  2 | On Loan: —       |
| BANK OF AMERICA CORPORATION                                  | BANK OF AMERICA CORP                               | CUSIP: 06051GJT7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   1750000 | PA      | $1605073.22   | 1.09%             | 2032-04-22      | Fixed         | 2.69%                 | No            |                  2 | On Loan: No      |
| FISERV, INC.                                                 | FISERV INC                                         | CUSIP: 337738BE7<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |    250000 | PA      | $258139.21    | 0.18%             | 2033-03-02      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON BANCSHARES INCORPORATED                           | HUNTINGTON BANCSHARES INC OH                       | CUSIP: 446150BB9<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |    250000 | PA      | $251363.38    | 0.17%             | 2028-08-04      | Fixed         | 4.44%                 | No            |                  2 | On Loan: No      |
| MICRON TECHNOLOGY, INC.                                      | MICRON TECHNOLOGY INC                              | CUSIP: 595112BZ5<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |    250000 | PA      | $265793.71    | 0.18%             | 2033-02-09      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| FLORIDA POWER & LIGHT COMPANY                                | FLORIDA POWER LIGHT CO                             | CUSIP: 341081GE1<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |    500000 | PA      | $318905.99    | 0.22%             | 2051-12-04      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| DOC DR, LLC                                                  | PHYSICIANS REALTY LP                               | CUSIP: 71951QAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $224839.33    | 0.15%             | 2031-11-01      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC.                                         | GLOBAL PAYMENTS INC                                | CUSIP: 37940XAQ5<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |    250000 | PA      | $254203.65    | 0.17%             | 2032-08-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| FISERV, INC.                                                 | FISERV INC                                         | CUSIP: 337738BQ0<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |    250000 | PA      | $249479.57    | 0.17%             | 2035-08-11      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| LPL HOLDINGS, INC.                                           | LPL HOLDINGS INC                                   | CUSIP: 50212YAQ7<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |    215000 | PA      | $221332.16    | 0.15%             | 2035-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| HCA INC.                                                     | HCA INC                                            | CUSIP: 404119CS6<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |     94000 | PA      | $80473.40     | 0.05%             | 2042-03-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CHOICE HOTELS INTERNATIONAL, INC.                            | CHOICE HOTELS INTERNATIONAL INC                    | CUSIP: 169905AH9<br>LEI: 5493003CYRY5RFGTIR97 | Long             | DBT              | CORP              | US        |    300000 | PA      | $305978.14    | 0.21%             | 2034-08-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: —       |
| Takeda Pharmaceutical Company Limited                        | TAKEDA PHARMACEUTICAL CO LTD                       | CUSIP: 874060BM7<br>LEI: 549300ZLMVP4X0OGR454 | Long             | DBT              | CORP              | JP        |    400000 | PA      | $392705.14    | 0.27%             | 2054-07-05      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY FLORIDA, LLC                                     | DUKE ENERGY FLORIDA LLC                            | CUSIP: 26444HAK7<br>LEI: 7MOHLM3DKE63RX2ZCN83 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $903671.04    | 0.61%             | 2031-12-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| DELL INTERNATIONAL L.L.C.                                    | DELL INTERNATIONAL LLC EMC CORP                    | CUSIP: 24703DBE0<br>LEI: 254900ZARLSVK41DKO78 | Long             | DBT              | CORP              | US        |    500000 | PA      | $379971.06    | 0.26%             | 2041-12-15      | Fixed         | 3.38%                 | Yes           |                  2 | On Loan: No      |
| CVS HEALTH CORPORATION                                       | CVS HEALTH CORP                                    | CUSIP: 126650DN7<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    750000 | PA      | $666469.61    | 0.45%             | 2030-08-21      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| DELL INTERNATIONAL L.L.C.                                    | DELL INTERNATIONAL LLC EMC CORP                    | CUSIP: 24703DBQ3<br>LEI: 254900ZARLSVK41DKO78 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147882.67    | 0.10%             | 2035-02-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| AerCap Ireland Capital Designated Activity Company           | AERCAP IRELAND CAPITAL DAC AERCAP GLOBAL AVIATION  | CUSIP: 00774MBM6<br>LEI: 549300TI38531ODB1G63 | Long             | DBT              | CORP              | IE        |    300000 | PA      | $300294.00    | 0.20%             | 2034-09-10      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| MACQUARIE AIRFINANCE HOLDINGS LIMITED                        | MACQUARIE AIRFINANCE HOLDINGS LTD                  | CUSIP: 55609NAD0<br>LEI: 549300MCGUSL5B852H65 | Long             | DBT              | CORP              | GB        |     42000 | PA      | $44939.44     | 0.03%             | 2031-03-26      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Regal Rexnord Corporation                                    | REGAL REXNORD CORP                                 | CUSIP: 758750AP8<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | DBT              | CORP              | US        |    182000 | PA      | $195981.24    | 0.13%             | 2033-04-15      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| CITIZENS FINANCIAL GROUP, INC.                               | CITIZENS FINANCIAL GROUP INC                       | CUSIP: 174610BJ3<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |    225000 | PA      | $231066.81    | 0.16%             | 2031-03-05      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LYB INTERNATIONAL FINANCE III, LLC                           | LYB INT FINANCE III                                | CUSIP: 50249AAD5<br>LEI: 984500A51LA0B8EB4053 | Long             | DBT              | CORP              | US        |    500000 | PA      | $357312.43    | 0.24%             | 2050-05-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| REPSOL E&P CAPITAL MARKETS US LLC                            | REPSOL E P CAPITAL MARKETS US LLC                  | CUSIP: 76026AAC1<br>LEI: 894500D0J12FRZ3Q0M15 | Long             | DBT              | CORP              | US        |    200000 | PA      | $204128.36    | 0.14%             | 2035-09-16      | Fixed         | 5.98%                 | Yes           |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-30

**Name of Applicant:** Victory Portfolios II

**Signature:** Carol Trevino

**Name of Signer:** Carol Trevino

**Title:** Treasurer