# EDGAR Filing Document

**Accession Number:** 0002022290
**File Stem:** 0000910472-26-008512
**Filing Date:** 2026-6
**Character Count:** 47904
**Document Hash:** a17010e2d0fa0c0858c3d6bbd0b82ba4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-008512.hdr.sgml**: 20260601

**ACCESSION NUMBER**: 0000910472-26-008512

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260601

**DATE AS OF CHANGE**: 20260601

**PERIOD START**: 20261231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Diamond Hill Securitized Credit Fund
- **CENTRAL INDEX KEY:** 0002022290

**ORGANIZATION NAME:**
- **EIN:** 992838444
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23964
- **FILM NUMBER:** 261047145

**BUSINESS ADDRESS:**
- **STREET 1:** 325 JOHN H MCCONNELL BLVD.
- **STREET 2:** SUITE 200
- **CITY:** COLUMBUS
- **STATE:** OH
- **ZIP:** 43215
- **BUSINESS PHONE:** 614-255-3333

**MAIL ADDRESS:**
- **STREET 1:** 325 JOHN H MCCONNELL BLVD.
- **STREET 2:** SUITE 200
- **CITY:** COLUMBUS
- **STATE:** OH
- **ZIP:** 43215

## Nport-Ex

**Diamond Hill Securitized Credit Fund**

**Schedule of Investments**

**March 31, 2026 (Unaudited)**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Securitized - 97.3%** | **Coupon** | **Maturity** | **Shares / Par Value** | **Fair Value** |
| **ABS-Other - 5.7%** | **ABS-Other - 5.7%** | **ABS-Other - 5.7%** | | |
| Accelerated Assets, LLC, Series 2021-1H, Class D <sup>(a)</sup> | 3.580% | 10/20/40 | $442981 | $408946 |
| ACHD Trust, Series 2025-DS1, Class B <sup>(a)</sup> | 9.380% | 01/09/34 | 1000000 | 1010328 |
| AMDR ABS Trust, Series 2025-1A, Class B <sup>(a)</sup> | 9.691% | 12/19/33 | 2375000 | 2421396 |
| US Bank NA, Series 2025-SUP2, Class R (1\* SOFR30A + 650) <sup>(a)(b)</sup> | 10.162% | 09/25/32 | 4112780 | 4146737 |
|  |  |  |  | 7987407 |
| **Agency MBS CMO Derivatives - 0.6%** |  |  |  |  |
| FHLMC, Series 3866, Class DS (IO) (-2\* SOFR30A + 921) <sup>(b)</sup> | 1.527% | 05/15/41 | 318205 | 252481 |
| GNMA, Series 2021-158, Class MT (IO) (-3.33\* SOFR30A + 11) <sup>(b)</sup> | 0.000% | 08/20/51 | 1605260 | 634522 |
|  |  |  |  | 887003 |
| **Auto Loan - 6.5%** |  |  |  |  |
| Ally Bank Auto Credit-Linked Notes, Series 2024-B, Class G <sup>(a)</sup> | 11.395% | 09/15/32 | 918422 | 935458 |
| Ally Bank Auto Credit-Linked Notes, Series 2025-A, Class G <sup>(a)</sup> | 10.219% | 06/15/33 | 1476878 | 1483918 |
| Ally Bank Auto Credit-Linked Notes, Series 2025-B, Class G <sup>(a)</sup> | 10.783% | 09/15/33 | 643454 | 646522 |
| Merchants Fleet Funding, LLC, Series 2025-1A, Class E <sup>(a)</sup> | 8.480% | 01/20/39 | 1000000 | 1001324 |
| Research-Driven Pagaya Motor Asset Trust I, Series 2025-4A, Class E <sup>(a)</sup> | 10.739% | 04/25/34 | 1750000 | 1756426 |
| Santander Bank Auto Credit-Linked Notes, Series 2025-A, Class G <sup>(a)</sup> | 11.049% | 01/16/34 | 1500000 | 1487674 |
| Truist Bank Auto Credit-Linked Notes, Series 2025-1, Class D <sup>(a)</sup> | 9.685% | 09/26/33 | 1780304 | 1776058 |
|  |  |  |  | 9087380 |
| **CRE/CLO - 1.3%** |  |  |  |  |
| BXMT Ltd., Series 2021-FL4, Class D (1\* TSFR1M + 236) <sup>(a)(b)</sup> | 6.037% | 05/15/38 | 1850000 | 1784747 |

---

**Diamond Hill Securitized Credit Fund**

**Schedule of Investments (Continued)**

**March 31, 2026 (Unaudited)**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Securitized - 97.3% (Continued)** | **Coupon** | **Maturity** | **Shares / Par Value** | **Fair Value** |
| **Credit Cards - 5.6%** |  |  |  |  |
| Genesis Sales Finance Master Trust, Series 2024-B, Class F <sup>(a)</sup> | 13.370% | 12/20/32 | $2000000 | $1948118 |
| Perimeter Master Note Business Trust, Series 2025-1A, Class D <sup>(a)</sup> | 12.800% | 12/16/30 | 6000000 | 5942549 |
|  |  |  |  | 7890667 |
| **Equipment - 2.2%** |  |  |  |  |
| US Bank Credit-Linked Notes, Series 2026-RVM1, Class F <sup>(a)</sup> | 10.192% | 12/25/46 | 3180000 | 3140212 |
| **HECM - 21.2%** |  |  |  |  |
| Boston Lending Trust, Series 2021-1, Class A <sup>(a)</sup> | 2.000% | 07/25/61 | 1337235 | 1195572 |
| Brean Asset Backed Securities Trust, Series 2025-RM10, Class M4 <sup>(a)</sup> | 5.000% | 01/25/65 | 1906572 | 1571748 |
| Brean Asset Backed Securities Trust, Series 2025-RM12, Class M4 <sup>(a)</sup> | 4.500% | 07/25/65 | 2419925 | 1862703 |
| Brean Asset Backed Securities Trust, Series 2025-RM13, Class M4 <sup>(a)</sup> | 4.250% | 10/25/65 | 1781629 | 1326547 |
| Brean Asset Backed Securities Trust, Series 2026-RM14, Class M4 <sup>(a)</sup> | 4.250% | 01/25/66 | 1712667 | 1230057 |
| Brean Asset Backed Securities Trust, Series 2023-RM7, Class M4 <sup>(a)</sup> | 4.500% | 03/25/78 | 5656329 | 4876436 |
| Brean Asset Backed Securities Trust, Series 2023-RM7, Class M2 <sup>(a)</sup> | 4.500% | 03/25/78 | 1986198 | 1815293 |
| Brean Asset Backed Securities Trust, Series 2023-RM7, Class M3 <sup>(a)</sup> | 4.500% | 03/25/78 | 1175442 | 1047289 |
| Finance of America, Series 2025-HB1, Class M5 <sup>(a)</sup> | 6.000% | 11/25/28 | 3100000 | 2879883 |
| Ocwen Loan Investment Trust, Series 2025-HB2, Class M5 <sup>(a)</sup> | 3.000% | 11/25/38 | 5600000 | 4371961 |
| Onity Loan Investment Trust, Series 2025-HB1, Class M4 <sup>(a)</sup> | 3.000% | 06/25/38 | 2000000 | 1741245 |
| RMF Buyout Issuance Trust, Series 2021-HB1, Class M4 <sup>(a)</sup> | 4.704% | 11/25/31 | 1580000 | 1501092 |

---

**Diamond Hill Securitized Credit Fund**

**Schedule of Investments (Continued)**

**March 31, 2026 (Unaudited)**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Securitized - 97.3% (Continued)** | **Coupon** | **Maturity** | **Shares / Par Value** | **Fair Value** |
| **HECM - 21.2% (Continued)** |  |  |  |  |
| RMF Buyout Issuance Trust, Series 2020-HB1, Class AB <sup>(a)</sup> | 1.744% | 10/25/50 | $1022141 | $955558 |
| RMF Proprietary Issuance Trust, Series 2022-3, Class M3 <sup>(a)</sup> | 4.000% | 08/25/62 | 3750000 | 3421970 |
|  |  |  |  | 29797354 |
| **Laboratory - 6.8%** |  |  |  |  |
| BX Commercial Mortgage Trust, Series 2024-BIO2, Class D <sup>(a)(b)</sup> | 7.713% | 08/13/41 | 2120000 | 2045864 |
| Life Financial Services Trust, Series 2021-BMR, Class F (1\* TSFR1M + 246) <sup>(a)(b)</sup> | 6.137% | 03/15/38 | 2275000 | 2008143 |
| Life Financial Services Trust, Series 2021-BMR, Class G (1\* TSFR1M + 306) <sup>(a)(b)</sup> | 6.736% | 03/15/38 | 1225000 | 1069058 |
| Life Financial Services Trust, Series 2022-BMR2, Class C (1\* TSFR1M + 209) <sup>(a)(b)</sup> | 5.766% | 05/15/39 | 3050000 | 2714500 |
| Life Financial Services Trust, Series 2022-BMR2, Class D (1\* TSFR1M + 254) <sup>(a)(b)</sup> | 6.214% | 05/15/39 | 2000000 | 1640000 |
|  |  |  |  | 9477565 |
| **Multifamily - 1.8%** |  |  |  |  |
| MultiFamily Structured Credit Risk Notes, Series 2021-MN2, Class B1 <br> (1\* SOFR30A + 550) <sup>(a)(b)</sup> | 9.162% | 07/25/41 | 2500000 | 2500016 |
| **Non-Agency MBS 2.0 - 1.4%** |  |  |  |  |
| Flagstar Mortgage Trust, Series 2019-2, Class B5 <sup>(a)</sup> | 4.000% | 12/25/49 | 918536 | 636435 |
| JP Morgan Mortgage Trust, Series 2018-1, Class B5 <sup>(a)</sup> | 3.576% | 06/25/48 | 928000 | 610495 |
| JP Morgan Mortgage Trust, Series 2018-3, Class B5 <sup>(a)</sup> | 3.698% | 09/25/48 | 993601 | 678265 |
|  |  |  |  | 1925195 |
| **Office - 7.8%** |  |  |  |  |
| Banc of America Merrill Lynch Commercial Mortgage, Series 2020-BOC,<br> Class A <sup>(a)</sup> | 2.627% | 01/15/32 | 2500000 | 2269225 |
| Banc of America Merrill Lynch Commercial Mortgage, Series 2020-BOC,<br> Class D <sup>(a)(c)</sup> | 3.289% | 01/15/32 | 775000 | 457250 |

---

**Diamond Hill Securitized Credit Fund**

**Schedule of Investments (Continued)**

**March 31, 2026 (Unaudited)**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Securitized - 97.3% (Continued)** | **Coupon** | **Maturity** | **Shares / Par Value** | **Fair Value** |
| **Office - 7.8% (Continued)** |  |  |  |  |
| COLEM Mortgage Trust, Series 2022-HLNE, Class B <sup>(a)</sup> | 2.461% | 04/12/42 | $2000000 | $1861440 |
| COLEM Mortgage Trust, Series 2022-HLNE, Class D <sup>(a)</sup> | 2.461% | 04/12/42 | 1800000 | 1558296 |
| Drop Mortgage Trust, Series 2021-FILE, Class A (1\* TSFR1M + 126) <sup>(a)(b)</sup> | 4.937% | 10/15/43 | 1065000 | 1059675 |
| Drop Mortgage Trust, Series 2021-FILE, Class B (1\* TSFR1M + 181) <sup>(a)(b)</sup> | 5.487% | 10/15/43 | 838000 | 831715 |
| Wells Fargo Commercial Mortgage Trust, Series 2025-1918, Class D <sup>(a)</sup> | 8.623% | 09/15/40 | 3000000 | 2974487 |
|  |  |  |  | 11012088 |
| **Residential Transition Loan - 4.5%** |  |  |  |  |
| Colony American Finance Ltd., Series 2026-R1, Class A2 <sup>(a)</sup> | 10.054% | 03/25/36 | 1500000 | 1497048 |
| LHOME Mortgage Trust, Series 2026-RTL1, Class M2 <sup>(a)</sup> | 7.694% | 01/25/41 | 1400000 | 1392946 |
| ROC Mortgage Trust, Series 2025-RTL1, Class M2 <sup>(a)</sup> | 8.539% | 02/25/40 | 2400000 | 2404939 |
| TVC Mortgage Trust, Series 2026-RRTL1, Class M2 <sup>(a)</sup> | 5.315% | 04/25/40 | 1000000 | 993080 |
|  |  |  |  | 6288013 |
| **Second Lien - 3.8%** |  |  |  |  |
| Point Securitization Trust, Series 2025-2, Class B1 <sup>(a)</sup> | 7.000% | 09/25/55 | 1200000 | 1046336 |
| Point Securitization Trust, Series 2026-1, Class B1 <sup>(a)</sup> | 7.000% | 02/25/56 | 1900000 | 1646835 |
| Splitero Trust, Series 2025-1, Class B1 <sup>(a)</sup> | 7.000% | 12/25/55 | 1750000 | 1547797 |
| Unlock HEA Trust, Series 2025-2, Class C <sup>(a)</sup> | 6.000% | 11/25/41 | 1500000 | 1156598 |
|  |  |  |  | 5397566 |
| **Small Business - 5.8%** |  |  |  |  |
| CPC Asset Securitization, LLC, Series 2025-1A, Class D <sup>(a)</sup> | 11.240% | 07/15/31 | 2580000 | 2564504 |
| Kapitus Asset Securitization, LLC, Series 2024-1A, Class D <sup>(a)</sup> | 9.900% | 09/10/31 | 2100000 | 2089962 |

---

**Diamond Hill Securitized Credit Fund**

**Schedule of Investments (Continued)**

**March 31, 2026 (Unaudited)**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Securitized - 97.3% (Continued)** | **Coupon** | **Maturity** | **Shares / Par Value** | **Fair Value** |
| **Small Business - 5.8% (Continued)** |  |  |  |  |
| Mulligan Asset Securitization Loans, Series 2024-1, Class C <sup>(a)</sup> | 12.057% | 10/15/31 | $2500000 | $2530143 |
| Mulligan Asset Securitization Loans, Series 2024-1, Class C NEW <sup>(a)</sup> | 12.057% | 10/15/31 | 1000000 | 1012057 |
|  |  |  |  | 8196666 |
| **Unsecured Consumer - 22.3%** |  |  |  |  |
| AMCR ABS Trust, Series 2026-A, Class D <sup>(a)</sup> | 13.270% | 05/18/33 | 3000000 | 3003576 |
| Avant Loans Funding Trust, Series 2026-REV1, Class F <sup>(a)</sup> | 10.750% | 05/15/36 | 2000000 | 2002905 |
| Cherry Securitization Trust, Series 2024-1A, Class D <sup>(a)</sup> | 12.280% | 04/15/32 | 3000000 | 3038918 |
| Cherry Securitization Trust, Series 2025-1A, Class D <sup>(a)</sup> | 12.690% | 11/15/32 | 4010000 | 4102217 |
| Freedom Financial, Series 2022-4FP, Class CTF <sup>(a)(c)</sup> | 0.000% | 12/18/29 | 25976 | 5273128 |
| Marlette Funding Trust, Series 2024-1, Class R <sup>(a)(c)</sup> | 0.000% | 09/15/33 | 5000 | 687500 |
| Oportun Funding, LLC, Series 2025-D, Class E <sup>(a)</sup> | 10.820% | 02/08/33 | 2000000 | 2005519 |
| Oportun Funding, LLC, Series 2025-B, Class E <sup>(a)</sup> | 9.400% | 05/09/33 | 1000000 | 1007191 |
| Oportun Funding, LLC, Series 2025-C, Class E <sup>(a)</sup> | 9.200% | 07/08/33 | 1800000 | 1796039 |
| Pagaya AI Debt Selection Trust, Series 2025-3, Class E <sup>(a)</sup> | 12.626% | 12/15/32 | 2019815 | 2054426 |
| Pagaya AI Debt Selection Trust, Series 2026-1, Class E <sup>(a)</sup> | 9.232% | 09/15/33 | 1500000 | 1498890 |
| Pagaya Point of Sale Holdings, Series 2025-1, Class F <sup>(a)</sup> | 12.000% | 01/20/34 | 2000000 | 1927397 |
| Pagaya Point of Sale Holdings Grantor Trust, Series 2025-2, Class F <sup>(a)</sup> | 12.000% | 07/20/33 | 3000000 | 2832983 |
|  |  |  |  | 31230689 |
| **Total Securitized** (Cost $132,255,217) |  |  |  | $136602568 |

---

**Diamond Hill Securitized Credit Fund**

**Schedule of Investments (Continued)**

**March 31, 2026 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Registered Investment Companies - 4.4%** | **Shares** | **Fair Value** |
| State Street Institutional US Government Money Market Fund - Premier Class, 3.60% <sup>(d)</sup> (Cost $6,202,829) | 6202829 | $6202829 |
| **Total Investment Securities - 101.7%** (Cost $138,458,046) |  | $142805397 |
| **Liabilities in Excess of Other Assets - (1.7)%** |  | (2465066) |
| **Net Assets - 100.0%** |  | $140340331 |

---

<sup>(a)</sup> Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities have been deemed liquid under procedures approved by the Fund's Board of Trustees and may normally be sold to qualified institutional buyers in transactions exempt from registration. The total fair value of these securities as of March 31, 2026 was $135,715,565, representing 96.7% of net assets.

<sup>(b)</sup> Variable rate security. The rate shown is the effective interest rate as of March 31, 2026. The benchmark on which the rate is calculated is shown parenthetically, if applicable. Certain variable rate securities are not based on a published rate and spread but are determined by the issuer or agent and may be based on index changes, prerepayment of underlying positions and/or other variables. These securities do not indicate a reference rate and spread in their description above.

<sup>(c)</sup> Illiquid and fair valued security, using observable inputs, as adopted under procedures approved by the Board of Trustees. The total fair value of these securities as of March 31, 2026 was $6,417,878, representing 4.6% of net assets.

<sup>(d)</sup> The rate shown is the 7-day effective yield as of March 31, 2026.

---

| | |
|:---|:---|
| IO - | Interest Only |
| NA - | National Association |
| SOFR - | Secured Overnight Financing Rate |
| TSFR - | CME Term SOFR |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Diamond Hill Securitized Credit Fund

- **b. Investment Company Act file number:** 811-23964

- **c. CIK number of Registrant:** 0002022290

- **d. LEI of Registrant:** 254900ODOUF69BJYHK36

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

  - **Street Address 1:** 325 John H. McConnell Blvd.

  - **City:** Columbus

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 43215

  - **Telephone number:** 888-226-5595

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

- **a. Name of Series:** DIAMOND HILL SECURITIZED CREDIT FUND

- **c. LEI of Series:** 254900ODOUF69BJYHK36

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

- **a. Date of fiscal year-end:** 2026-12-31

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $143507100.70

**Total Liabilities:** $3166770.18

**Net Assets:** $140340330.52

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 46.28333882 | **1-Year:** 668.71151766 | **5-Year:** 712.56923850 | **10-Year:** 3094.01781700 | **30-Year:** 2019.19687756

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

- **3-Month:** 5.22999882 | **1-Year:** 895.50179969 | **5-Year:** 111.28885397 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 0.74%                | 1.38%                | -0.37%               |
| Class ID N/A | 0.60%                | 1.34%                | -0.31%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $2115.94                 | $109649.75                                 |
| Month 2  | $40100.43                | $1081865.96                                |
| Month 3  | $890761.85               | $-2170421.86                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ACHD TRUST 2025-DS1                                   | ACHD Trust Series 2025-DS1, Class B                                        | CUSIP: 00092TAB1<br>LEI: 529900TKZUWQLIQN6T48 | Long             | ABS-CBDO         | CORP              | US        |   1000000 | PA      | $1010327.50   | 0.72%             | 2034-01-09      | Fixed         | 9.38%                 | Yes           |                  2 | On Loan: No      |
| ACCELERATED 2021-1H LLC                               | Accelerated Assets, LLC Series 2021-1H, Class D                            | CUSIP: 00439KAD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    442981 | PA      | $408945.61    | 0.29%             | 2040-10-20      | Fixed         | 3.58%                 | Yes           |                  2 | On Loan: No      |
| Ally Bank Sandy (Utah)                                | Ally Bank Auto Credit-Linked Notes Series 2024-B, Class G                  | CUSIP: 02007G4H3<br>LEI: 549300C04BJ0G297NC13 | Long             | ABS-O            | CORP              | US        |    918422 | PA      | $935458.26    | 0.67%             | 2032-09-15      | Fixed         | 11.39%                | Yes           |                  2 | On Loan: No      |
| Ally Bank Sandy (Utah)                                | Ally Bank Auto Credit-Linked Notes Series 2025-A, Class G                  | CUSIP: 02007G5K5<br>LEI: 549300C04BJ0G297NC13 | Long             | ABS-O            | CORP              | US        |   1476878 | PA      | $1483918.47   | 1.06%             | 2033-06-15      | Fixed         | 10.22%                | Yes           |                  2 | On Loan: No      |
| Ally Bank Sandy (Utah)                                | Ally Bank Auto Credit-Linked Notes Series 2025-B, Class G                  | CUSIP: 02007G6U2<br>LEI: 549300C04BJ0G297NC13 | Long             | ABS-O            | CORP              | US        |    643454 | PA      | $646522.10    | 0.46%             | 2033-09-15      | Fixed         | 10.78%                | Yes           |                  2 | On Loan: No      |
| AMCR ABS TRUST 2026-A                                 | AMCR ABS Trust Series 2026-A, Class D                                      | CUSIP: 02341AAD3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3000000 | PA      | $3003576.00   | 2.14%             | 2033-05-18      | Fixed         | 13.27%                | Yes           |                  2 | On Loan: No      |
| AMDR ABS TRUST 2025-1                                 | AMDR ABS Trust Series 2025-1A, Class B                                     | CUSIP: 02342WAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2375000 | PA      | $2421395.63   | 1.73%             | 2033-12-19      | Fixed         | 9.69%                 | Yes           |                  2 | On Loan: No      |
| AVANT LOANS FUNDING TRUST 2026-REV1                   | Avant Loans Funding Trust Series 2026-REV1, Class F                        | CUSIP: 05359NAF2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $2002905.00   | 1.43%             | 2036-05-15      | Fixed         | 10.75%                | Yes           |                  2 | On Loan: No      |
| BAMLL Commercial Mortgage Securities Trust 2016-Ashf  | Banc of America Merrill Lynch Commercial Mortgage Series 2020-BOC, Class A | CUSIP: 05551JAA8<br>LEI: 549300MWBLMUUG6B8094 | Long             | ABS-O            | CORP              | US        |   2500000 | PA      | $2269225.00   | 1.62%             | 2032-01-15      | Fixed         | 2.63%                 | Yes           |                  2 | On Loan: No      |
| BAMLL Commercial Mortgage Securities Trust 2016-Ashf  | Banc of America Merrill Lynch Commerical Mortgage Series 2020-BOC, Class D | CUSIP: 05551JAJ9<br>LEI: 549300MWBLMUUG6B8094 | Long             | ABS-O            | CORP              | US        |    775000 | PA      | $457250.00    | 0.33%             | 2032-01-15      | Variable      | 3.29%                 | Yes           |                  2 | On Loan: No      |
| Bxmt Ltd                                              | BXMT Ltd. Series 2021-FL4, Class D                                         | CUSIP: 05609GAJ7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1850000 | PA      | $1784746.80   | 1.27%             | 2038-05-15      | Floating      | 6.04%                 | Yes           |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST 2024-B                   | BX Commercial Mortgage Trust 2024-BIO2 Floating Rate, Due 08/13/2041       | CUSIP: 05613GAG7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2120000 | PA      | $2045864.45   | 1.46%             | 2041-08-13      | Variable      | 7.71%                 | Yes           |                  2 | On Loan: No      |
| BOSTON LENDING TRUST                                  | Boston Lending Trust Series 2021-1, Class A                                | CUSIP: 100842AA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1337235 | PA      | $1195572.26   | 0.85%             | 2061-07-25      | Variable      | 2.00%                 | Yes           |                  2 | On Loan: No      |
| BREAN ASSET BACKED SECURITIES TRUST                   | Brean Asset Backed Securities Trust Series 2023-RM7, Class M2              | CUSIP: 10638BAE4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1986198 | PA      | $1815293.32   | 1.29%             | 2078-03-25      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| BREAN ASSET BACKED SECURITIES TRUST                   | Brean Asset Backed Securities Trust Series 2023-RM7, Class M3              | CUSIP: 10638BAF1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1175442 | PA      | $1047289.48   | 0.75%             | 2078-03-25      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| BREAN ASSET BACKED SECURITIES TRUST                   | Brean Asset Backed Securities Series 2023-RM7, Class M4                    | CUSIP: 10638BAG9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5656329 | PA      | $4876435.64   | 3.47%             | 2078-03-25      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| BREAN ASSET BACKED SECURITIES TRUST                   | Brean Asset Backed Securities Series 2025-RM10, Class M4                   | CUSIP: 10638FAN5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1906572 | PA      | $1571748.04   | 1.12%             | 2065-01-25      | Variable      | 5.00%                 | Yes           |                  2 | On Loan: No      |
| BREAN ASSET BACKED SECURITIES TRUST                   | Brean Asset Backed Securities Trust Series 2025-RM12, Class M4             | CUSIP: 10638KAG9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2419925 | PA      | $1862703.25   | 1.33%             | 2065-07-25      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| BREAN ASSET BACKED SECURITIES TRUST 2025-RM13         | Brean Asset Backed Securities Trust Series 2025-RM13, Class M4             | CUSIP: 10638PAG8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1781629 | PA      | $1326546.92   | 0.95%             | 2065-10-25      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| BREAN ASSET BACKED SECURITIES TRUST 2026-RM14         | Brean Asset Backed Securities Series 2026-RM14, Class M4                   | CUSIP: 10638QAG6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1712667 | PA      | $1230057.28   | 0.88%             | 2066-01-25      | Variable      | 4.25%                 | Yes           |                  2 | On Loan: No      |
| CAFL 2026-R1 Issuer LLC                               | Colony American Finance Limited Series 2026-R1, Class A2                   | CUSIP: 124761AB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1500000 | PA      | $1497048.00   | 1.07%             | 2036-03-25      | None          | 10.05%                | Yes           |                  2 | On Loan: No      |
| COLEM 2022-HLNE MORTGAGE TRUST                        | Colem 2021-HLNE Mortgage Trust Series 22-HLNE Class B                      | CUSIP: 12659JAE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $1861440.20   | 1.33%             | 2042-04-12      | Variable      | 2.46%                 | Yes           |                  2 | On Loan: No      |
| COLEM 2022-HLNE MORTGAGE TRUST                        | COLEM Mortgage Trust Series 2022-HLNE, Class D                             | CUSIP: 12659JAJ6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1800000 | PA      | $1558296.18   | 1.11%             | 2042-04-12      | Variable      | 2.46%                 | Yes           |                  2 | On Loan: No      |
| CPC ASSET SECURITIZATION IV LLC                       | CPC Asset Securitization, LLC Series 2025-1A, Class D                      | CUSIP: 12675BAD6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2580000 | PA      | $2564504.26   | 1.83%             | 2031-07-15      | Fixed         | 11.24%                | Yes           |                  2 | On Loan: No      |
| CHERRY SECURITIZATION TRUST 2024-1                    | Cherry Securitization Trust Series 2024-1A, Class D                        | CUSIP: 164737AD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3000000 | PA      | $3038917.50   | 2.17%             | 2032-04-15      | Fixed         | 12.28%                | Yes           |                  2 | On Loan: No      |
| CHERRY SECURITIZATION TRUST 2025-1                    | Cherry Securitization Trust Series 2025-1A, Class D                        | CUSIP: 16473RAD6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4010000 | PA      | $4102217.17   | 2.92%             | 2032-11-15      | Fixed         | 12.69%                | Yes           |                  2 | On Loan: No      |
| DROP MTGE TST                                         | Drop Mortgage Trust Series 2021-FILE, Class A                              | CUSIP: 26210YAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1065000 | PA      | $1059675.00   | 0.76%             | 2043-10-15      | Floating      | 4.94%                 | Yes           |                  2 | On Loan: No      |
| DROP MTGE TST                                         | Drop Mortgage Trust Series 2021-FILE, Class B                              | CUSIP: 26210YAG1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    838000 | PA      | $831715.00    | 0.59%             | 2043-10-15      | Floating      | 5.49%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                      | Federal Home Loan Mortgage Corporation Series 3866, Class DS               | CUSIP: 3137AAEJ8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    318205 | PA      | $252481.04    | 0.18%             | 2041-05-15      | Floating      | 1.53%                 | No            |                  2 | On Loan: No      |
| FINANCE OF AMERICA HECM BUYOUT 2025-HB1               | Finance of America Class M5 Series 25-HB1                                  | CUSIP: 31735EAF3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3100000 | PA      | $2879882.64   | 2.05%             | 2028-11-25      | Variable      | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Flagstar Mtg Tr 2017-1                                | Flagstar Mortgage Trust Series 2019-2, Class B5                            | CUSIP: 33852BAS4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    918536 | PA      | $636434.99    | 0.45%             | 2049-12-25      | Variable      | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                      | Federal Home Loan Mortgage Corporation Series 2021-MN2, Class B1           | CUSIP: 35563JAC7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |   2500000 | PA      | $2500015.50   | 1.78%             | 2041-07-25      | Floating      | 9.16%                 | Yes           |                  2 | On Loan: No      |
| FREED ABS TRUST 2022-4FP                              | Freedom Financial Series 2022-4FP, Class CERT                              | CUSIP: 35634JAE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     25976 | PA      | $5273128.00   | 3.76%             | 2029-12-18      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| GENESIS SLS FIN MSTR TR 2019-A                        | Genesis Sales Finance Master Trust Series 2024-B, Class F                  | CUSIP: 37186XBC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $1948117.60   | 1.39%             | 2032-12-20      | Fixed         | 13.37%                | Yes           |                  2 | On Loan: No      |
| Government National Mortgage Association              | Government National Mortgage Association Series 2021-158, Class MT         | CUSIP: 38382XW35<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |   1605260 | PA      | $634521.71    | 0.45%             | 2051-08-20      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                              | JP Morgan Mortgage Trust Series 2018-1, Class B5                           | CUSIP: 46648RBC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    928000 | PA      | $610495.38    | 0.44%             | 2048-06-25      | Variable      | 3.58%                 | Yes           |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                              | JP Morgan Mortgage Trust Series 2018-3, Class B5                           | CUSIP: 46649TBC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    993601 | PA      | $678265.00    | 0.48%             | 2048-09-25      | Variable      | 3.70%                 | Yes           |                  2 | On Loan: No      |
| KAPITUS ASSET SECURITIZATION IV LLC                   | Kapitus Asset Securitization, LLC Series 2024-1A, Class D                  | CUSIP: 48555MAD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2100000 | PA      | $2089962.42   | 1.49%             | 2031-09-10      | Fixed         | 9.90%                 | Yes           |                  2 | On Loan: No      |
| LHOME MORTGAGE TRUST 2026-RTL1                        | LHOME Mortgage Trust Series 2026-RTL1, Class M2                            | CUSIP: 50206JAD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1400000 | PA      | $1392946.24   | 0.99%             | 2041-01-25      | Variable      | 7.69%                 | Yes           |                  2 | On Loan: No      |
| LIFE FINANCIAL SERVICES TRUST                         | Life Financial Services Trust Series 2021-BMR, Class F                     | CUSIP: 53218CAL4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2275000 | PA      | $2008142.50   | 1.43%             | 2038-03-15      | Floating      | 6.14%                 | Yes           |                  2 | On Loan: No      |
| LIFE FINANCIAL SERVICES TRUST                         | Life Financial Services Trust Series 2021-BMR, Class G                     | CUSIP: 53218CAN0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1225000 | PA      | $1069057.50   | 0.76%             | 2038-03-15      | Floating      | 6.74%                 | Yes           |                  2 | On Loan: No      |
| LIFE FINANCIAL SERVICES TRUST                         | Life Financial Services Trust Series 2022-BMR2, Class C                    | CUSIP: 53218DAG3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3050000 | PA      | $2714500.00   | 1.93%             | 2039-05-15      | Floating      | 5.77%                 | Yes           |                  2 | On Loan: No      |
| LIFE FINANCIAL SERVICES TRUST                         | Life Financial Services Trust Series 2022-BMR2, Class D                    | CUSIP: 53218DAJ7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $1640000.00   | 1.17%             | 2039-05-15      | Floating      | 6.21%                 | Yes           |                  2 | On Loan: No      |
| MARLETTE FDG TST 2018-3                               | Marlette Funding Trust Series 2024-1A, Class R                             | CUSIP: 57108V102<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      5000 | PA      | $687500.00    | 0.49%             | 2034-07-17      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| MERCHANTS FLEET FUNDING LLC                           | Merchants Fleet Funding, LLC Series 2025-1A, Class E                       | CUSIP: 588926AQ8<br>LEI: 254900Z2OOQUA5IN2X83 | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1001323.80   | 0.71%             | 2039-01-20      | Fixed         | 8.48%                 | Yes           |                  2 | On Loan: No      |
| MULLIGAN ASSET SECURITIZATION II LLC                  | Mulligan Asset Securitization Loans Series 24-1 Class C                    | CUSIP: 62534LAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2500000 | PA      | $2530143.25   | 1.80%             | 2031-10-15      | Fixed         | 12.06%                | Yes           |                  2 | On Loan: No      |
| MULLIGAN ASSET SECURITIZATION II LLC                  | Mulligan Asset Securitization Loans Series 2024-1, Class CC                | CUSIP: 62534LAF5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1012057.30   | 0.72%             | 2031-10-15      | Fixed         | 12.06%                | Yes           |                  2 | On Loan: No      |
| ONITY LOAN INVESTMENT TRUST 2025-HB1                  | Onity Loan Investment Trust Series 2025-HB1, Class M4                      | CUSIP: 68278EAE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $1741245.00   | 1.24%             | 2038-06-25      | Variable      | 3.00%                 | Yes           |                  2 | On Loan: No      |
| ONITY LOAN INVESTMENT TRUST 2025-HB2                  | Ocwen Loan Investment Trust Series 2025-HB2, Class M5                      | CUSIP: 68278FAF5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5600000 | PA      | $4371960.88   | 3.12%             | 2038-11-25      | Variable      | 3.00%                 | Yes           |                  2 | On Loan: No      |
| Oportun Issuance Trust 2025-B                         | Oportun Funding, LLC Series 2025-B, Class E                                | CUSIP: 68378QAE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1007191.00   | 0.72%             | 2033-05-09      | Fixed         | 9.40%                 | Yes           |                  2 | On Loan: No      |
| OPORTUN ISSUANCE TRUST 2025-C                         | Oportun Funding, LLC Series 2025-C, Class E                                | CUSIP: 68378RAE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1800000 | PA      | $1796038.74   | 1.28%             | 2033-07-08      | Fixed         | 9.20%                 | Yes           |                  2 | On Loan: No      |
| OPORTUN ISSUANCE TRUST 2025-D                         | Oportun Funding, LLC Series 2025-D, Class E                                | CUSIP: 68379HAE2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $2005519.00   | 1.43%             | 2033-02-08      | Fixed         | 10.82%                | Yes           |                  2 | On Loan: No      |
| Pagaya Point of Sale Holdings Trust 2025-1            | Pagaya Point of Sale Holdings Series 25-1 Class F                          | CUSIP: 694951AB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $1927397.00   | 1.37%             | 2034-01-20      | Fixed         | 12.00%                | Yes           |                  2 | On Loan: No      |
| PAGAYA AI DEBT TRUST 2026-1                           | Pagaya AI Debt Selection Trust Series 2026-1, Class E                      | CUSIP: 694964AA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1500000 | PA      | $1498889.70   | 1.07%             | 2033-09-15      | Fixed         | 9.23%                 | Yes           |                  2 | On Loan: No      |
| PAGAYA AI DEBT SELECTION TRUST                        | Pagaya AI Debt Selection Trust Series 2025-3, Class E                      | CUSIP: 69547GAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2019815 | PA      | $2054425.84   | 1.46%             | 2032-12-15      | Fixed         | 12.63%                | Yes           |                  2 | On Loan: No      |
| Pagaya Point of Sale Holdings Trust 2025-2            | Pagaya Point of Sale Holdings Grantor Trust Series 2025-2, Class F         | CUSIP: 69549HAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3000000 | PA      | $2832983.40   | 2.02%             | 2033-07-20      | Fixed         | 12.00%                | Yes           |                  2 | On Loan: No      |
| Perimeter Master Note Business Trust                  | Perimeter Master Note Business Trust Series 2025-1A, Class D               | CUSIP: 71384PBF7<br>LEI: 5493005H6EB040833X54 | Long             | ABS-O            | CORP              | US        |   6000000 | PA      | $5942548.80   | 4.23%             | 2030-12-16      | Fixed         | 12.80%                | Yes           |                  2 | On Loan: No      |
| POINT SECURITIZATION TRUST 2025-2                     | Point Securitization Trust Series 2025-2, Class B1                         | CUSIP: 73071PAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1200000 | PA      | $1046336.04   | 0.75%             | 2055-09-25      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| POINT SECURITIZATION TRUST 2026-1                     | Point Securitization Trust Series 2026-1, Class B1                         | CUSIP: 73072JAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1900000 | PA      | $1646834.69   | 1.17%             | 2056-02-25      | Variable      | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Rmf Buyout Issuance Tr 2018                           | RMF Buyout Issuance Trust Series 2021-HB1, Class M4                        | CUSIP: 74969TAE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1580000 | PA      | $1501091.64   | 1.07%             | 2031-11-25      | Variable      | 4.70%                 | Yes           |                  2 | On Loan: No      |
| RMF PRPTR ISSN TR 2022-3                              | RMF Proprietary Issuance Trust Series 2022-3, Class M3                     | CUSIP: 74970FAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3750000 | PA      | $3421970.25   | 2.44%             | 2062-08-25      | Variable      | 4.00%                 | Yes           |                  2 | On Loan: No      |
| RESEARCH-DRIVEN PAGAYA MOTOR TRUST 2025-4             | Research-Driven Pagaya Motor Asset Trust Series 2025-4A, Class E           | CUSIP: 76089NAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1750000 | PA      | $1756426.35   | 1.25%             | 2034-04-25      | Fixed         | 10.74%                | Yes           |                  2 | On Loan: No      |
| Rmf Buyout Issuance Tr 2018                           | RMF Buyout Issuance Trust Series 2020-HB1, Class AB                        | CUSIP: 76971EAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1022141 | PA      | $955557.66    | 0.68%             | 2050-10-25      | Variable      | 1.74%                 | Yes           |                  2 | On Loan: No      |
| ROC MORTGAGE TRUST 2025-RTL1                          | ROC Securities Trust Series 2025-RTL1, Class M2                            | CUSIP: 77119RAD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2400000 | PA      | $2404939.44   | 1.71%             | 2040-02-25      | Variable      | 8.54%                 | Yes           |                  2 | On Loan: No      |
| Santander Bank Auto Credit-Linked Notes Series 2021-1 | Santander Bank Auto Credit-Linked Notes Series 2025-A, Class G             | CUSIP: 80290CCW2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1500000 | PA      | $1487674.35   | 1.06%             | 2034-01-16      | Fixed         | 11.05%                | Yes           |                  2 | On Loan: No      |
| SPLITERO TRUST 2025-1                                 | Splitero Trust Class B1 Series 25-1                                        | CUSIP: 848948AC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1750000 | PA      | $1547797.48   | 1.10%             | 2055-12-25      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| State Street Institutional Investment Trust           | State Street Institutional US Government Money Market Fund, Premier Class  | CUSIP: 857492706<br>LEI: 549300P1E098W6ES7M39 | Long             | STIV             | RF                | US        |   6202829 | NS      | $6202828.85   | 4.42%             |  |  |  | No            |                  1 | On Loan: No      |
| TVC MORTGAGE TRUST 2026-RRTL1                         | TVC Mortgage Trust Series 2026-RRTL1, Class M2                             | CUSIP: 87306XAD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $993079.60    | 0.71%             | 2040-04-25      | Variable      | 5.32%                 | Yes           |                  2 | On Loan: No      |
| Truist Bank (North Carolina)                          | Truist Bank Auto Credit-Linked Notes Series 2025-1, Class D                | CUSIP: 897926CE9<br>LEI: JJKC32MCHWDI71265Z06 | Long             | ABS-O            | CORP              | US        |   1780304 | PA      | $1776057.71   | 1.27%             | 2033-09-26      | Fixed         | 9.69%                 | Yes           |                  2 | On Loan: No      |
| U.S. Bank National Association                        | US Bank Credit-Linked Notes Series 2025-SUP2, Class R                      | CUSIP: 90355PAG1<br>LEI: 6BYL5QZYBDK8S7L73M02 | Long             | ABS-O            | CORP              | US        |   4112780 | PA      | $4146736.55   | 2.95%             | 2032-09-25      | Floating      | 10.16%                | Yes           |                  2 | On Loan: No      |
| U.S. Bank National Association                        | US Bank Credit-Linked Notes Series 2026-RVM1, Class F                      | CUSIP: 90355PAP1<br>LEI: 6BYL5QZYBDK8S7L73M02 | Long             | ABS-O            | CORP              | US        |   3180000 | PA      | $3140211.84   | 2.24%             | 2046-12-25      | Fixed         | 10.19%                | Yes           |                  2 | On Loan: No      |
| UNLOCK HEA TRUST 2025-2                               | Unlock HEA Trust Series 2025-2, Class C                                    | CUSIP: 914917AC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1500000 | PA      | $1156598.25   | 0.82%             | 2041-11-25      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust 2025-1918       | Wells Fargo Commerical Mortgage Trust Series 2025-1918, Class D            | CUSIP: 95004QAG3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3000000 | PA      | $2974487.40   | 2.12%             | 2040-09-15      | Variable      | 8.62%                 | Yes           |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-06-01

**Name of Applicant:** Diamond Hill Securitized Credit Fund

**Signature:** Julie Roach

**Name of Signer:** Julie Roach

**Title:** Treasurer