# EDGAR Filing Document

**Accession Number:** 0000793347
**File Stem:** 0000793347-25-000059
**Filing Date:** 2025-8
**Character Count:** 106216
**Document Hash:** faf2cac56cfe62bc13cb01214658c32b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000793347-25-000059.hdr.sgml**: 20250826

**ACCESSION NUMBER**: 0000793347-25-000059

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250826

**DATE AS OF CHANGE**: 20250826

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** T. Rowe Price Capital Appreciation Fund, Inc.
- **CENTRAL INDEX KEY:** 0000793347

**ORGANIZATION NAME:**
- **EIN:** 521465786
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04519
- **FILM NUMBER:** 251256782

**BUSINESS ADDRESS:**
- **STREET 1:** 1307 POINT STREET
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21231
- **BUSINESS PHONE:** 410-345-2000

**MAIL ADDRESS:**
- **STREET 1:** 1307 POINT STREET
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21231

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** T. Rowe Price Capital Appreciation Fund
- **DATE OF NAME CHANGE:** 20051018

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRICE T ROWE CAPITAL APPRECIATION FUND
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRICE T ROWE CAPITAL ADVANTAGE FUND
- **DATE OF NAME CHANGE:** 19860629

## Series and Classes Contracts Data

### T. Rowe Price Capital Appreciation Fund (Series ID: S000002070)

| Class ID   | Class Name                                            | Ticker Symbol   |
|:---|:---|:---|
| C000005427 | T. Rowe Price Capital Appreciation Fund               | PRWCX           |
| C000005428 | T. Rowe Price Capital Appreciation Fund-Advisor Class | PACLX           |
| C000166317 | T. Rowe Price Capital Appreciation Fund-I Class       | TRAIX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** T. ROWE PRICE CAPITAL APPRECIATION FUND, INC.

- **b. Investment Company Act file number:** 811-04519

- **c. CIK number of Registrant:** 0000793347

- **d. LEI of Registrant:** 549300KKOU6DV2L9SH58

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

  - **Street Address 1:** 1307 Point Street

  - **City:** Baltimore

  - **State:** MD

  - **Foreign country:** US

  - **Zip / Postal Code:** 21231

  - **Telephone number:** 410-345-2000

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

- **a. Name of Series:** T. Rowe Price Capital Appreciation Fund

- **b. EDGAR series identifier (if any):** S000002070

- **c. LEI of Series:** CH1EX8QIXZ08475WNI76

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-06-30

**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:** $68223916479.14

**Total Liabilities:** $426083720.57

**Net Assets:** $67797832758.57

**Assets Attributable to Miscellaneous Securities:** $2443709073.02

**Cash Not Reported:** $26520113.72

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.000000 | **1-Year:** -9565.342068 | **5-Year:** -153453.350448 | **10-Year:** -38327.183925 | **30-Year:** -9636.861621

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

- **3-Month:** -1076.416055 | **1-Year:** -471054.155042 | **5-Year:** -2474769.588127 | **10-Year:** -382902.789686 | **30-Year:** -183318.244529

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000005428 | 0.21%                | 2.76%                | 3.20%                |
| Class ID C000166317 | 0.26%                | 2.80%                | 3.25%                |
| Class ID C000005427 | 0.26%                | 2.77%                | 3.22%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $353741071.21            | $-317256552.71                             |
| Month 2  | $248312414.75            | $1419959930.28                             |
| Month 3  | $512144326.71            | $1475072127.81                             |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Abbott Laboratories                                                            | ABBOTT LABORATORIES                                                            | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |    5230778 | NS      | $711438115.78  | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie Inc                                                                     | ABBVIE INC                                                                     | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |     788500 | NS      | $146361370.00  | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Micro Devices Inc                                                     | ADVANCED MICRO DEVICES INC                                                     | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |    8179638 | NS      | $1160690632.20 | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                                                                   | ALPHABET INC                                                                   | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    5585208 | NS      | $984281205.84  | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                                                                 | AMAZON.COM INC                                                                 | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |   12968407 | NS      | $2845138811.73 | 4.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameren Corp                                                                    | AMEREN CORP                                                                    | CUSIP: 023608102<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | EC               | CORP              | US        |    8920441 | NS      | $856719153.64  | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| American Electric Power Co Inc                                                 | AMERICAN ELECTRIC POWER CO INC                                                 | CUSIP: 025537101<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | EC               | CORP              | US        |     479900 | NS      | $49794424.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| American Tower Corp                                                            | AMERICAN TOWER CORP                                                            | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |     342800 | NS      | $75765656.00   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Cencora Inc                                                                    | CENCORA INC                                                                    | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |     365600 | NS      | $109625160.00  | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| AmWINS Group Inc                                                               | AMWINS GROUP INC                                                               | CUSIP: 031921AC3<br>LEI: 549300SJE7MUB8NMRG61 | Long             | DBT              | CORP              | US        |   38954000 | PA      | $39684387.50   | 0.06%             | 2029-02-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Amphenol Corp                                                                  | AMPHENOL CORP                                                                  | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |   10113003 | NS      | $998659046.25  | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                                                                      | APPLE INC                                                                      | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |    4263096 | NS      | $874659406.32  | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| AssuredPartners Inc                                                            | ASSUREDPARTNERS INC                                                            | CUSIP: 04624VAC3<br>LEI: 549300HNDSDQWQ3L2P80 | Long             | DBT              | CORP              | US        |   16331000 | PA      | $17474170.00   | 0.03%             | 2032-02-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Aurora Innovation Inc                                                          | AURORA INNOVATION INC                                                          | CUSIP: 051774107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |  129151911 | NS      | $676756013.64  | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Autodesk Inc                                                                   | AUTODESK INC                                                                   | CUSIP: 052769106<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | EC               | CORP              | US        |    2095574 | NS      | $648726843.18  | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Avantor Funding Inc                                                            | AVANTOR FUNDING INC                                                            | CUSIP: 05352TAA7<br>LEI: 5493003VM0XB4U8YD238 | Long             | DBT              | CORP              | US        |  144048000 | PA      | $141167040.00  | 0.21%             | 2028-07-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Avantor Funding Inc                                                            | AVANTOR FUNDING INC                                                            | CUSIP: 05352TAB5<br>LEI: 5493003VM0XB4U8YD238 | Long             | DBT              | CORP              | US        |   96931000 | PA      | $91357467.50   | 0.13%             | 2029-11-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Ball Corp                                                                      | BALL CORP                                                                      | CUSIP: 058498AZ9<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |   54640000 | PA      | $56006000.00   | 0.08%             | 2029-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Becton Dickinson & Co                                                          | BECTON DICKINSON & CO                                                          | CUSIP: 075887109<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | EC               | CORP              | US        |   10483948 | NS      | $1805860043.00 | 2.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Biogen Inc                                                                     | BIOGEN INC                                                                     | CUSIP: 09062X103<br>LEI: W8J5WZB5IY3K0NDQT671 | Long             | EC               | CORP              | US        |     155470 | NS      | $19525477.30   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Booz Allen Hamilton Inc                                                        | BOOZ ALLEN HAMILTON INC                                                        | CUSIP: 09951LAB9<br>LEI: 549300D7XCH2480XU542 | Long             | DBT              | CORP              | US        |   21029000 | PA      | $20172951.47   | 0.03%             | 2029-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Booz Allen Hamilton Inc                                                        | BOOZ ALLEN HAMILTON INC                                                        | CUSIP: 09951LAC7<br>LEI: 549300D7XCH2480XU542 | Long             | DBT              | CORP              | US        |   34622000 | PA      | $35399887.10   | 0.05%             | 2033-08-04      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| BroadStreet Partners Inc                                                       | BROADSTREET PARTNERS INC                                                       | CUSIP: 11135RAA3<br>LEI: 549300BS9N54G8DD0R75 | Long             | DBT              | CORP              | US        |   80945000 | PA      | $79832006.25   | 0.12%             | 2029-04-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CCO Holdings LLC / CCO Holdings Capital Corp                                   | CCO HOLDINGS LLC / CCO HOLDINGS CAPITAL CORP                                   | CUSIP: 1248EPBR3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   17243000 | PA      | $17221446.25   | 0.03%             | 2026-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CCO Holdings LLC / CCO Holdings Capital Corp                                   | CCO HOLDINGS LLC / CCO HOLDINGS CAPITAL CORP                                   | CUSIP: 1248EPBT9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  335581000 | PA      | $334322571.25  | 0.49%             | 2027-05-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Cigna Group/The                                                                | CIGNA GROUP/THE                                                                | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |     865100 | NS      | $285984758.00  | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| CME Group Inc                                                                  | CME GROUP INC                                                                  | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |     330200 | NS      | $91009724.00   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| CMS Energy Corp                                                                | CMS ENERGY CORP                                                                | CUSIP: 125896852<br>LEI: 549300IA9XFBAGNIBW29 | Long             | EP               | CORP              | US        |     341631 | NS      | $7526130.93    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian Natural Resources Ltd                                                 | CANADIAN NATURAL RESOURCES LTD                                                 | CUSIP: 136385101<br>LEI: 549300T15RIMIKZC5Q38 | Long             | EC               | CORP              | CA        |   30711856 | NS      | $964352278.40  | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Capstone Borrower Inc                                                          | CAPSTONE BORROWER INC                                                          | CUSIP: 140944AA7<br>LEI: 254900YSP2BAI3YKIX08 | Long             | DBT              | CORP              | US        |    3093000 | PA      | $3224452.50    | 0.00%             | 2030-06-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Capstone Borrower Inc                                                          | CAPSTONE BORROWER INC                                                          | CUSIP: 140944AB5<br>LEI: 254900YSP2BAI3YKIX08 | Long             | DBT              | CORP              | US        |   27265000 | PA      | $28355600.00   | 0.04%             | 2030-06-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Cardinal Health Inc                                                            | CARDINAL HEALTH INC                                                            | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |     517118 | NS      | $86875824.00   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Six Flags Entertainment Corp / Canada s Wonderland Co / Magnum Management Corp | SIX FLAGS ENTERTAINMENT CORP / CANADA'S WONDERLAND CO / MAGNUM MANAGEMENT CORP | CUSIP: 150190AB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   94597000 | PA      | $94124015.00   | 0.14%             | 2027-04-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Six Flags Entertainment Corp / Canada s Wonderland Co / Magnum Management Corp | SIX FLAGS ENTERTAINMENT CORP / CANADA'S WONDERLAND CO / MAGNUM MANAGEMENT CORP | CUSIP: 150190AE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   29626000 | PA      | $28922382.50   | 0.04%             | 2029-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Six Flags Entertainment Corp / Canada s Wonderland Co / Magnum Management Corp | SIX FLAGS ENTERTAINMENT CORP / CANADA'S WONDERLAND CO / MAGNUM MANAGEMENT CORP | CUSIP: 150190AK2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   63975000 | PA      | $64774687.50   | 0.10%             | 2028-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CenterPoint Energy Inc                                                         | CENTERPOINT ENERGY INC                                                         | CUSIP: 15189T107<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | EC               | CORP              | US        |   30372389 | NS      | $1115881571.86 | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Crowdstrike Holdings Inc                                                       | CROWDSTRIKE HOLDINGS INC                                                       | CUSIP: 22788CAA3<br>LEI: 549300YBY08K9KM4HX32 | Long             | DBT              | CORP              | US        |    5722000 | PA      | $5392985.00    | 0.01%             | 2029-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Crown Castle Inc                                                               | CROWN CASTLE INC                                                               | CUSIP: 22822VBF7<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |   29930000 | PA      | $30165758.61   | 0.04%             | 2029-09-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Cytokinetics Inc                                                               | CYTOKINETICS INC                                                               | CUSIP: 23282W605<br>LEI: 549300BE5DY1HW7IHA64 | Long             | EC               | CORP              | US        |    2437725 | NS      | $80542434.00   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| DTE Energy Co                                                                  | DTE ENERGY CO                                                                  | CUSIP: 233331107<br>LEI: 549300IX8SD6XXD71I78 | Long             | EC               | CORP              | US        |    2277900 | NS      | $301730634.00  | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Danaher Corp                                                                   | DANAHER CORP                                                                   | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |    4296578 | NS      | $848746018.12  | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Domino s Pizza Master Issuer LLC                                               | DOMINO'S PIZZA MASTER ISSUER LLC                                               | CUSIP: 25755TAH3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   22249988 | PA      | $21947728.59   | 0.03%             | 2047-07-25      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Domino s Pizza Master Issuer LLC                                               | DOMINO'S PIZZA MASTER ISSUER LLC                                               | CUSIP: 25755TAL4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   17777472 | PA      | $16936314.91   | 0.02%             | 2049-10-25      | Fixed         | 3.67%                 | No            |                  2 | On Loan: No      |
| Duke Energy Corp                                                               | DUKE ENERGY CORP                                                               | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |     276500 | NS      | $32627000.00   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Ellucian Holdings Inc                                                          | ELLUCIAN HOLDINGS INC                                                          | CUSIP: 289178AA3<br>LEI: 549300RP8NIJ7FY7OS79 | Long             | DBT              | CORP              | US        |   35120000 | PA      | $35822400.00   | 0.05%             | 2029-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Exelon Corp                                                                    | EXELON CORP                                                                    | CUSIP: 30161N101<br>LEI: 3SOUA6IRML7435B56G12 | Long             | EC               | CORP              | US        |    1371300 | NS      | $59541846.00   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                                                             | META PLATFORMS INC                                                             | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |    1669229 | NS      | $1232041232.61 | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Fair Isaac Corp                                                                | FAIR ISAAC CORP                                                                | CUSIP: 303250AG9<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | DBT              | CORP              | US        |   26558000 | PA      | $26790382.50   | 0.04%             | 2033-05-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fortive Corp                                                                   | FORTIVE CORP                                                                   | CUSIP: 34959J108<br>LEI: 549300MU9YQJYHDQEF63 | Long             | EC               | CORP              | US        |    4547041 | NS      | $237037247.33  | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| GE HealthCare Technologies Inc                                                 | GE HEALTHCARE TECHNOLOGIES INC                                                 | CUSIP: 36266G107<br>LEI: 549300OI9J7XOWZMUN85 | Long             | EC               | CORP              | US        |     720800 | NS      | $53389656.00   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilton Domestic Operating Co Inc                                               | HILTON DOMESTIC OPERATING CO INC                                               | CUSIP: 432833AF8<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |   85086000 | PA      | $84447855.00   | 0.12%             | 2030-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Hilton Domestic Operating Co Inc                                               | HILTON DOMESTIC OPERATING CO INC                                               | CUSIP: 432833AH4<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |  110462000 | PA      | $110738155.00  | 0.16%             | 2028-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Hilton Domestic Operating Co Inc                                               | HILTON DOMESTIC OPERATING CO INC                                               | CUSIP: 432833AJ0<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |   93716000 | PA      | $89615925.00   | 0.13%             | 2029-05-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Hilton Domestic Operating Co Inc                                               | HILTON DOMESTIC OPERATING CO INC                                               | CUSIP: 432833AL5<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |  138915000 | PA      | $130580100.00  | 0.19%             | 2031-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Hilton Domestic Operating Co Inc                                               | HILTON DOMESTIC OPERATING CO INC                                               | CUSIP: 432833AN1<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |  106656000 | PA      | $96123720.00   | 0.14%             | 2032-02-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Hilton Domestic Operating Co Inc                                               | HILTON DOMESTIC OPERATING CO INC                                               | CUSIP: 432833AP6<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |   45189000 | PA      | $46149266.25   | 0.07%             | 2029-04-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Hilton Worldwide Finance LLC / Hilton Worldwide Finance Corp                   | HILTON WORLDWIDE FINANCE LLC / HILTON WORLDWIDE FINANCE CORP                   | CUSIP: 432891AK5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   35184000 | PA      | $35140020.00   | 0.05%             | 2027-04-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Hilton Worldwide Holdings Inc                                                  | HILTON WORLDWIDE HOLDINGS INC                                                  | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |    1458221 | NS      | $388382581.14  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Hologic Inc                                                                    | HOLOGIC INC                                                                    | CUSIP: 436440101<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | EC               | CORP              | US        |    3182631 | NS      | $207380235.96  | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Hologic Inc                                                                    | HOLOGIC INC                                                                    | CUSIP: 436440AP6<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | DBT              | CORP              | US        |   23463000 | PA      | $22319178.75   | 0.03%             | 2029-02-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| HUB International Ltd                                                          | HUB INTERNATIONAL LTD                                                          | CUSIP: 44332PAG6<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |   46850000 | PA      | $46674312.50   | 0.07%             | 2029-12-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| HUB International Ltd                                                          | HUB INTERNATIONAL LTD                                                          | CUSIP: 44332PAH4<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |  590152000 | PA      | $616708840.00  | 0.91%             | 2030-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| HUB International Ltd                                                          | HUB INTERNATIONAL LTD                                                          | CUSIP: 44332PAJ0<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |  327463000 | PA      | $342608163.75  | 0.51%             | 2032-01-31      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Ingersoll Rand Inc                                                             | INGERSOLL RAND INC                                                             | CUSIP: 45687V106<br>LEI: 5299004C02FMZCUOIR50 | Long             | EC               | CORP              | US        |    4344674 | NS      | $361389983.32  | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Intercontinental Exchange Inc                                                  | INTERCONTINENTAL EXCHANGE INC                                                  | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |     381285 | NS      | $69954358.95   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                                                                     | INTUIT INC                                                                     | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |     895373 | NS      | $705222635.99  | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| IQVIA Inc                                                                      | IQVIA INC                                                                      | CUSIP: 46266TAA6<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |   42949000 | PA      | $42680568.75   | 0.06%             | 2027-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IQVIA Inc                                                                      | IQVIA INC                                                                      | CUSIP: 46266TAD0<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |   27385000 | PA      | $28069625.00   | 0.04%             | 2030-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Johnson & Johnson                                                              | JOHNSON & JOHNSON                                                              | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |     420900 | NS      | $64292475.00   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| KFC Holding Co/Pizza Hut Holdings LLC/Taco Bell of America LLC                 | KFC HOLDING CO/PIZZA HUT HOLDINGS LLC/TACO BELL OF AMERICA LLC                 | CUSIP: 48250NAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  138818000 | PA      | $138123910.00  | 0.20%             | 2027-06-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Keurig Dr Pepper Inc                                                           | KEURIG DR PEPPER INC                                                           | CUSIP: 49271V100<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | EC               | CORP              | US        |    1714500 | NS      | $56681370.00   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Korn Ferry                                                                     | KORN FERRY                                                                     | CUSIP: 50067PAA7<br>LEI: 549300FOD20OM0GT5G40 | Long             | DBT              | CORP              | US        |   32930000 | PA      | $32189075.00   | 0.05%             | 2027-12-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| L3Harris Technologies Inc                                                      | L3HARRIS TECHNOLOGIES INC                                                      | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Long             | EC               | CORP              | US        |     102900 | NS      | $25811436.00   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Lamar Media Corp                                                               | LAMAR MEDIA CORP                                                               | CUSIP: 513075BR1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   29070000 | PA      | $28088887.50   | 0.04%             | 2028-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Lamar Media Corp                                                               | LAMAR MEDIA CORP                                                               | CUSIP: 513075BW0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5192000 | PA      | $5127100.00    | 0.01%             | 2029-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Lamar Media Corp                                                               | LAMAR MEDIA CORP                                                               | CUSIP: 513075BZ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4629000 | PA      | $4258680.00    | 0.01%             | 2031-01-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Life Time Inc                                                                  | LIFE TIME INC                                                                  | CUSIP: 53190FAE5<br>LEI: 549300PALKE96VYH4X17 | Long             | DBT              | CORP              | US        |   13703000 | PA      | $13874287.50   | 0.02%             | 2031-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Eli Lilly & Co                                                                 | ELI LILLY & CO                                                                 | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |     617522 | NS      | $481376924.66  | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Lockheed Martin Corp                                                           | LOCKHEED MARTIN CORP                                                           | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |     205505 | NS      | $95177585.70   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Marsh & McLennan Cos Inc                                                       | MARSH & MCLENNAN COS INC                                                       | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |     201800 | NS      | $44121552.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc                                                                 | MASTERCARD INC                                                                 | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |     472069 | NS      | $265274453.86  | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| McKesson Corp                                                                  | MCKESSON CORP                                                                  | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |    1130611 | NS      | $828489128.58  | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                                                                 | MICROSOFT CORP                                                                 | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |    8981839 | NS      | $4467656536.99 | 6.59%             |  |  |  | No            |                  1 | On Loan: No      |
| NiSource Inc                                                                   | NISOURCE INC                                                                   | CUSIP: 65473P105<br>LEI: 549300D8GOWWH0SJB189 | Long             | EC               | CORP              | US        |   26048911 | NS      | $1050813069.74 | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Northrop Grumman Corp                                                          | NORTHROP GRUMMAN CORP                                                          | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |     219900 | NS      | $109945602.00  | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                                                                    | NVIDIA CORP                                                                    | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |   15069960 | NS      | $2380902980.40 | 3.51%             |  |  |  | No            |                  1 | On Loan: No      |
| PTC Inc                                                                        | PTC INC                                                                        | CUSIP: 69370C100<br>LEI: 54930050SSMU8SKDJ030 | Long             | EC               | CORP              | US        |    8693724 | NS      | $1498276394.16 | 2.21%             |  |  |  | No            |                  1 | On Loan: No      |
| PTC Inc                                                                        | PTC INC                                                                        | CUSIP: 69370CAC4<br>LEI: 54930050SSMU8SKDJ030 | Long             | DBT              | CORP              | US        |   35640000 | PA      | $34570800.00   | 0.05%             | 2028-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PepsiCo Inc                                                                    | PEPSICO INC                                                                    | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |     755500 | NS      | $99756220.00   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Revvity Inc                                                                    | REVVITY INC                                                                    | CUSIP: 714046109<br>LEI: 549300IKL1SDPFI7N655 | Long             | EC               | CORP              | US        |   14369866 | NS      | $1389853439.52 | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX Corp                                                                       | RTX CORP                                                                       | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |    2682071 | NS      | $391636007.42  | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| T. Rowe Price Government Reserve Fund                                          | T. Rowe Price Government Reserve Fund                                          | CUSIP: 76105Y109<br>LEI: 5493002Y0IYARJVQ5N24 | Long             | STIV             | RF                | US        | 5854318381 | NS      | $5854318381.47 | 8.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Roper Technologies Inc                                                         | ROPER TECHNOLOGIES INC                                                         | CUSIP: 776696106<br>LEI: 54930003T4SXCIWVXY35 | Long             | EC               | CORP              | US        |    3151726 | NS      | $1786524365.84 | 2.64%             |  |  |  | No            |                  1 | On Loan: No      |
| T Rowe Price Institutional Floating Rate Fund                                  | T ROWE PR INST FLTNG RT-INST                                                   | CUSIP: 77958B402<br>LEI: 863VOPTBPYYVTH00FU88 | Long             | EC               | RF                | US        |   99872838 | NS      | $942799587.25  | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryan Specialty LLC                                                             | RYAN SPECIALTY LLC                                                             | CUSIP: 78351GAA3<br>LEI: 549300K52N7QBO3PYY45 | Long             | DBT              | CORP              | US        |   51485000 | PA      | $51871137.50   | 0.08%             | 2032-08-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Ryan Specialty LLC                                                             | RYAN SPECIALTY LLC                                                             | CUSIP: 78351MAA0<br>LEI: 549300K52N7QBO3PYY45 | Long             | DBT              | CORP              | US        |   13021000 | PA      | $12581541.25   | 0.02%             | 2030-02-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| SBA Tower Trust                                                                | SBA TOWER TRUST                                                                | CUSIP: 78403DAZ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2575000 | PA      | $2651580.37    | 0.00%             | 2028-01-15      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| SBA Communications Corp                                                        | SBA COMMUNICATIONS CORP                                                        | CUSIP: 78410G104<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | EC               | CORP              | US        |     196900 | NS      | $46239996.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| SBA Communications Corp                                                        | SBA COMMUNICATIONS CORP                                                        | CUSIP: 78410GAD6<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | DBT              | CORP              | US        |  102093000 | PA      | $100561605.00  | 0.15%             | 2027-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| SBA Communications Corp                                                        | SBA COMMUNICATIONS CORP                                                        | CUSIP: 78410GAG9<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | DBT              | CORP              | US        |  114835000 | PA      | $108519075.00  | 0.16%             | 2029-02-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Salesforce Inc                                                                 | SALESFORCE INC                                                                 | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |    1300367 | NS      | $354597077.23  | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Service Corp International/US                                                  | SERVICE CORP INTERNATIONAL/US                                                  | CUSIP: 817565CD4<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |    5256000 | PA      | $5210010.00    | 0.01%             | 2027-12-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Service Corp International/US                                                  | SERVICE CORP INTERNATIONAL/US                                                  | CUSIP: 817565CF9<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |   25630000 | PA      | $23515525.00   | 0.03%             | 2030-08-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Service Corp International/US                                                  | SERVICE CORP INTERNATIONAL/US                                                  | CUSIP: 817565CH5<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |   34093000 | PA      | $34348697.50   | 0.05%             | 2032-10-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Six Flags Entertainment Corp                                                   | SIX FLAGS ENTERTAINMENT CORP                                                   | CUSIP: 83001AAC6<br>LEI: 529900AS2CYWYFHRS781 | Long             | DBT              | CORP              | US        |  115407000 | PA      | $115118482.50  | 0.17%             | 2027-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Six Flags Entertainment Corp                                                   | SIX FLAGS ENTERTAINMENT CORP                                                   | CUSIP: 83001WAC8<br>LEI: 529900AS2CYWYFHRS781 | Long             | DBT              | CORP              | US        |   16312000 | PA      | $16312000.00   | 0.02%             | 2025-07-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Mirant Corp/Old                                                                | MIRANT CORP 144A ESCROW                                                        | CUSIP: 8428159A2<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   16000000 | NS      | $0.00          | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Surgery Center Holdings Inc                                                    | SURGERY CENTER HOLDINGS INC                                                    | CUSIP: 86881WAF9<br>LEI: 54930054EVI5HWPPW113 | Long             | DBT              | CORP              | US        |   26448000 | PA      | $26877780.00   | 0.04%             | 2032-04-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Teledyne Technologies Inc                                                      | TELEDYNE TECHNOLOGIES INC                                                      | CUSIP: 879360105<br>LEI: 549300VSMO9KYQWDND94 | Long             | EC               | CORP              | US        |     184919 | NS      | $94735852.89   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| TransDigm Inc                                                                  | TRANSDIGM INC                                                                  | CUSIP: 893647BP1<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   40860000 | PA      | $39991725.00   | 0.06%             | 2029-01-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| TransDigm Inc                                                                  | TRANSDIGM INC                                                                  | CUSIP: 893647BT3<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   77268000 | PA      | $80745060.00   | 0.12%             | 2031-12-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| TransDigm Inc                                                                  | TRANSDIGM INC                                                                  | CUSIP: 893647BU0<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |  163459000 | PA      | $166932503.75  | 0.25%             | 2029-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| TransDigm Inc                                                                  | TRANSDIGM INC                                                                  | CUSIP: 893647BV8<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |  128153000 | PA      | $132157781.25  | 0.19%             | 2032-03-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| USI Inc/NY                                                                     | USI INC/NY                                                                     | CUSIP: 90346KAB5<br>LEI: 2549006D7UF7072T7I27 | Long             | DBT              | CORP              | US        |  130102000 | PA      | $136932355.00  | 0.20%             | 2032-01-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury Note/Bond                                               | UNITED STATES TREASURY NOTE/BOND                                               | CUSIP: 91282CGQ8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 2852487000 | PA      | $2880789005.19 | 4.25%             | 2030-02-28      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury Note/Bond                                               | UNITED STATES TREASURY NOTE/BOND                                               | CUSIP: 91282CMU2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 1653978000 | PA      | $1669484043.75 | 2.46%             | 2030-03-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury Note/Bond                                               | UNITED STATES TREASURY NOTE/BOND                                               | CUSIP: 91282CMZ1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 2196764000 | PA      | $2205688353.75 | 3.25%             | 2030-04-30      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury Note/Bond                                               | UNITED STATES TREASURY NOTE/BOND                                               | CUSIP: 91282CNG2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 2437437000 | PA      | $2461240083.52 | 3.63%             | 2030-05-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury Note/Bond                                               | UNITED STATES TREASURY NOTE/BOND                                               | CUSIP: 91282CNK3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  276718000 | PA      | $277755692.50  | 0.41%             | 2030-06-30      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                         | UNITEDHEALTH GROUP INC                                                         | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |    1377020 | NS      | $429588929.40  | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Vail Resorts Inc                                                               | VAIL RESORTS INC                                                               | CUSIP: 91879QAP4<br>LEI: 529900PSZHRNU9HKH870 | Long             | DBT              | CORP              | US        |   40779000 | PA      | $42053343.75   | 0.06%             | 2032-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Veralto Corp                                                                   | VERALTO CORP                                                                   | CUSIP: 92338C103<br>LEI: 635400FJE6GSOJUSNY27 | Long             | EC               | CORP              | US        |    2876108 | NS      | $290343102.60  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| VICI Properties LP                                                             | VICI PROPERTIES LP                                                             | CUSIP: 925650AF0<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              | CORP              | US        |   29240000 | PA      | $29870092.76   | 0.04%             | 2034-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Visa Inc                                                                       | VISA INC                                                                       | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |    1078646 | NS      | $382973262.30  | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Vulcan Materials Co                                                            | VULCAN MATERIALS CO                                                            | CUSIP: 929160109<br>LEI: 549300Q8LSNHAVWBNI21 | Long             | EC               | CORP              | US        |    1248900 | NS      | $325738098.00  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| WEC Energy Group Inc                                                           | WEC ENERGY GROUP INC                                                           | CUSIP: 92939U106<br>LEI: 549300IGLYTZUK3PVP70 | Long             | EC               | CORP              | US        |     446300 | NS      | $46504460.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Management Inc                                                           | WASTE MANAGEMENT INC                                                           | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Long             | EC               | CORP              | US        |     446300 | NS      | $102122366.00  | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Workday Inc                                                                    | WORKDAY INC                                                                    | CUSIP: 98138H101<br>LEI: 549300J0DYC0N31V7G13 | Long             | EC               | CORP              | US        |    3449999 | NS      | $827999760.00  | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Workday Inc                                                                    | WORKDAY INC                                                                    | CUSIP: 98138HAJ0<br>LEI: 549300J0DYC0N31V7G13 | Long             | DBT              | CORP              | US        |   29204000 | PA      | $27436603.12   | 0.04%             | 2032-04-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Yum  Brands Inc                                                                | YUM! BRANDS INC                                                                | CUSIP: 988498101<br>LEI: 549300JE8XHZZ7OHN517 | Long             | EC               | CORP              | US        |    2758900 | NS      | $408813802.00  | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Yum  Brands Inc                                                                | YUM! BRANDS INC                                                                | CUSIP: 988498AD3<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |   36517000 | PA      | $38981897.50   | 0.06%             | 2037-11-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Yum  Brands Inc                                                                | YUM! BRANDS INC                                                                | CUSIP: 988498AK7<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |   84203000 | PA      | $78519297.50   | 0.12%             | 2043-11-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Yum  Brands Inc                                                                | YUM! BRANDS INC                                                                | CUSIP: 988498AL5<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |   46941000 | PA      | $46295561.25   | 0.07%             | 2030-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Yum  Brands Inc                                                                | YUM! BRANDS INC                                                                | CUSIP: 988498AN1<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |   58638000 | PA      | $53946960.00   | 0.08%             | 2031-03-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Yum  Brands Inc                                                                | YUM! BRANDS INC                                                                | CUSIP: 988498AP6<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |  103021000 | PA      | $99157712.50   | 0.15%             | 2032-01-31      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Yum  Brands Inc                                                                | YUM! BRANDS INC                                                                | CUSIP: 988498AR2<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |  121538000 | PA      | $120930310.00  | 0.18%             | 2032-04-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                                                     | ABBV US 01/16/26 C195                                                          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -4117 | NC      | $-4086122.50   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| ABBVIE INC                                                                     | ABBV US 01/16/26 C210                                                          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -3768 | NC      | $-1912260.00   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ABBOTT LABORATORIES                                                            | ABT US 01/16/26 C130                                                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -6176 | NC      | $-8337600.00   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| ABBOTT LABORATORIES                                                            | ABT US 01/16/26 C145                                                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -3080 | NC      | $-1709400.00   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| AMERICAN ELECTRIC POWER                                                        | AEP US 01/16/26 C110                                                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -2745 | NC      | $-885262.50    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| AMERICAN ELECTRIC POWER                                                        | AEP US 01/16/26 C115                                                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -2054 | NC      | $-344045.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                                            | AMT US 01/16/26 C210                                                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -3428 | NC      | $-7850120.00   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| CME GROUP INC                                                                  | CME US 01/16/26 C250                                                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -1372 | NC      | $-4918620.00   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| CME GROUP INC                                                                  | CME US 01/16/26 C270                                                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -1930 | NC      | $-4294250.00   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| CENCORA INC                                                                    | COR US 01/16/26 C260                                                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -2058 | NC      | $-10269420.00  | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORP                                                               | DUK US 01/16/26 C120                                                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -2744 | NC      | $-1468040.00   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| EXELON CORP                                                                    | EXC US 01/16/26 C45                                                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     -10292 | NC      | $-1981210.00   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| EXELON CORP                                                                    | EXC US 01/16/26 C47                                                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -3421 | NC      | $-401967.50    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GE HEALTHCARE TECH INC                                                         | GEHC US 01/16/26 C100                                                          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -3431 | NC      | $-240170.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| INTERCONTINENTALEXCHANGE                                                       | ICE US 01/16/26 C165                                                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -2059 | NC      | $-5229860.00   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| JOHNSON & JOHNSON                                                              | JNJ US 01/16/26 C170                                                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -4209 | NC      | $-936502.50    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| KEURIG DR PEPPER INC                                                           | KDP US 01/16/26 C35                                                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     -17145 | NC      | $-2314575.00   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LOCKHEED MARTIN CORP                                                           | LMT US 01/16/26 C500                                                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |       -821 | NC      | $-1588635.00   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LOCKHEED MARTIN CORP                                                           | LMT US 01/16/26 C520                                                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -1234 | NC      | $-1678240.00   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MASTERCARD INC                                                                 | MA US 01/16/26 C580                                                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -1373 | NC      | $-4633875.00   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| NORTHROP GRUMMAN CORP                                                          | NOC US 01/16/26 C530                                                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |       -826 | NC      | $-2044350.00   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| NORTHROP GRUMMAN CORP                                                          | NOC US 01/16/26 C560                                                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -1373 | NC      | $-2045770.00   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| PEPSICO INC                                                                    | PEP US 01/16/26 C160                                                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -3438 | NC      | $-637749.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| PEPSICO INC                                                                    | PEP US 01/16/26 C165                                                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -4117 | NC      | $-557853.50    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| STARBUCKS CORP                                                                 | SBUX US 01/16/26 C125                                                          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -2959 | NC      | $-263351.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| VISA INC                                                                       | V US 01/16/26 C360                                                             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -2059 | NC      | $-5168090.00   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| WASTE MANAGEMENT INC                                                           | WM US 01/16/26 C230                                                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -3431 | NC      | $-4803400.00   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| MASTERCARD INC                                                                 | MA US 01/16/26 C620                                                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |       -685 | NC      | $-1203887.50   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CENCORA INC                                                                    | COR US 01/16/26 C270                                                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -1598 | NC      | $-6719590.00   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| MCKESSON CORP                                                                  | MCK US 01/16/26 C660                                                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |       -515 | NC      | $-5587750.00   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| MCKESSON CORP                                                                  | MCK US 01/16/26 C680                                                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |       -514 | NC      | $-4859870.00   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| CARDINAL HEALTH INC                                                            | CAH US 01/16/26 C140                                                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -5171 | NC      | $-17271140.00  | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| WASTE MANAGEMENT INC                                                           | WM US 01/16/26 C250                                                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -1032 | NC      | $-567600.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CBOE GLOBAL MARKETS INC                                                        | CBOE US 01/16/26 C230                                                          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -1027 | NC      | $-2018055.00   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| DANAHER CORP                                                                   | DHR US 01/16/26 C330                                                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -3437 | NC      | $-34370.00     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| VISA INC                                                                       | V US 01/16/26 C390                                                             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -2258 | NC      | $-2720890.00   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| INTERCONTINENTALEXCHANGE                                                       | ICE US 01/16/26 C185                                                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -1710 | NC      | $-1983600.00   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| RTX CORP                                                                       | RTX US 01/16/26 C140                                                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -5112 | NC      | $-7642440.00   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| CENTERPOINT ENERGY INC                                                         | CNP US 12/19/25 C35                                                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     -16378 | NC      | $-5281905.00   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| YUM! BRANDS INC                                                                | YUM US 01/16/26 C145                                                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -2402 | NC      | $-2834360.00   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| YUM! BRANDS INC                                                                | YUM US 01/16/26 C160                                                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -3157 | NC      | $-1452220.00   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GE HEALTHCARE TECH INC                                                         | GEHC US 01/16/26 C97.5                                                         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -3777 | NC      | $-358815.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| WEC ENERGY GROUP INC                                                           | WEC US 12/19/25 C115                                                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -1719 | NC      | $-154710.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| WEC ENERGY GROUP INC                                                           | WEC US 12/19/25 C110                                                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -2744 | NC      | $-555660.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| DTE ENERGY CO                                                                  | DTE US 07/18/25 C135                                                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -5377 | NC      | $-510815.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ALLIANT ENERGY CORP                                                            | LNT US 07/18/25 C67.5                                                          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -3270 | NC      | $-351525.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| WILLIS TOWERS WATSON PLC                                                       | WTW US 07/18/25 C360                                                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -1243 | NC      | $-133622.50    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| AON PLC                                                                        | AON US 12/19/25 C390                                                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |       -891 | NC      | $-891000.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| AON PLC                                                                        | AON US 12/19/25 C430                                                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -1043 | NC      | $-276395.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| SBA COMMUNICATIONS CORP                                                        | SBAC US 12/19/25 C230                                                          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -1969 | NC      | $-3711565.00   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| L3HARRIS TECH INC                                                              | LHX US 12/19/25 C230                                                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -1029 | NC      | $-3138450.00   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COS INC                                                       | MMC US 12/19/25 C250                                                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -2018 | NC      | $-529725.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BECTON DICKINSON & CO                                                          | BDX US 09/19/25 C255                                                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -1437 | NC      | $-154477.50    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Trans Union LLC                                                                | TRANS UNION LLC                                                                | CUSIP: 89334GAX2<br>LEI: X8NPN6PWJOM1QCTYFV34 | Long             | LON              | CORP              | US        |    7273252 | PA      | $7276306.84    | 0.01%             | 2026-11-16      | Floating      | 6.18%                 | No            |                  2 | On Loan: No      |
| ADMI Corp                                                                      | ADMI CORP                                                                      | CUSIP: 00709LAH0<br>LEI: 5493008U1LYGMQWO7N12 | Long             | LON              | CORP              | US        |    5031963 | PA      | $4753091.84    | 0.01%             | 2027-12-23      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| ADMI Corp                                                                      | ADMI CORP                                                                      | CUSIP: 00709LAJ6<br>LEI: 5493008U1LYGMQWO7N12 | Long             | LON              | CORP              | US        |   24142841 | PA      | $22965877.21   | 0.03%             | 2027-12-23      | Floating      | 8.19%                 | No            |                  2 | On Loan: No      |
| TransDigm Inc                                                                  | TRANSDIGM INC                                                                  | CUSIP: 89364MCC6<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |  104329337 | PA      | $104664233.79  | 0.15%             | 2028-08-24      | Floating      | 7.05%                 | No            |                  2 | On Loan: No      |
| TransDigm Inc                                                                  | TRANSDIGM INC                                                                  | CUSIP: 89364MCB8<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |  153253258 | PA      | $153765124.26  | 0.23%             | 2030-03-22      | Floating      | 7.05%                 | No            |                  2 | On Loan: No      |
| Avantor Funding Inc                                                            | AVANTOR FUNDING INC                                                            | CUSIP: 05350NAP9<br>LEI: 5493003VM0XB4U8YD238 | Long             | LON              | CORP              | US        |     706585 | PA      | $708938.14     | 0.00%             | 2027-11-08      | Floating      | 6.43%                 | No            |                  2 | On Loan: No      |
| Wyndham Hotels & Resorts Inc                                                   | WYNDHAM HOTELS & RESORTS                                                       | CUSIP: 98310CAF9<br>LEI: 549300FE3MQ4RVXXC673 | Long             | LON              | CORP              | US        |   36597700 | PA      | $36721765.85   | 0.05%             | 2030-05-24      | Floating      | 6.08%                 | No            |                  2 | On Loan: No      |
| Informatica LLC                                                                | INFORMATICA LLC                                                                | CUSIP: 45673YAL0<br>LEI: 5493007SV33RZV7RPS40 | Long             | LON              | CORP              | US        |   53995338 | PA      | $54181081.55   | 0.08%             | 2028-10-27      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| Hilton Domestic Operating Co Inc                                               | HILTON DOMESTIC OPERATIN                                                       | CUSIP: 43289D9A3<br>LEI: 5493003EG7H0N1E4XV50 | Long             | LON              | CORP              | US        |  212355459 | PA      | $212986154.88  | 0.31%             | 2030-11-08      | Floating      | 6.07%                 | No            |                  2 | On Loan: No      |
| Icon Parent Inc                                                                | ICON PARENT INC                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   94908634 | PA      | $94986458.83   | 0.14%             | 2031-11-13      | Floating      | 7.21%                 | No            |                  2 | On Loan: No      |
| Icon Parent Inc                                                                | ICON PARENT INC                                                                | CUSIP: 45115MAB4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   56930700 | PA      | $57357680.25   | 0.08%             | 2032-09-11      | Floating      | 9.21%                 | No            |                  2 | On Loan: No      |
| Four Seasons Hotels Ltd                                                        | FOUR SEASONS HOTELS LTD                                                        | CUSIP: 35100DAV8<br>LEI: 5493009FUVX8LHYY2202 | Long             | LON              | CORP              | CA        |    9479777 | PA      | $9527175.94    | 0.01%             | 2029-11-30      | Floating      | 6.08%                 | No            |                  2 | On Loan: No      |
| SBA Senior Finance II LLC                                                      | SBA SENIOR FINANCE II LLC                                                      | CUSIP: 78404X9A5<br>LEI: 549300PVT2ADFWMYEW87 | Long             | LON              | CORP              | US        |  101729147 | PA      | $101818668.42  | 0.15%             | 2031-01-25      | Floating      | 6.08%                 | No            |                  2 | On Loan: No      |
| CPI Holdco B LLC                                                               | CPI HOLDCO B LLC                                                               | CUSIP: 1261MAAC4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   95618000 | PA      | $95498477.50   | 0.14%             | 2031-05-29      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| UKG Inc                                                                        | UKG INC                                                                        | CUSIP: 89841EAB1<br>LEI: 529900FKHWSTQ1GXK240 | Long             | LON              | CORP              | US        |  174006141 | PA      | $174618642.17  | 0.26%             | 2031-02-10      | Floating      | 7.31%                 | No            |                  2 | On Loan: No      |
| Ellucian Holdings Inc                                                          | ELLUCIAN HOLDINGS INC                                                          | CUSIP: 28917XAB6<br>LEI: 549300RP8NIJ7FY7OS79 | Long             | LON              | CORP              | US        |  105646222 | PA      | $105844837.40  | 0.16%             | 2029-10-29      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| BroadStreet Partners Inc                                                       | BROADSTREET PARTNERS INC                                                       | CUSIP: 000000000<br>LEI: 549300BS9N54G8DD0R75 | Long             | LON              | CORP              | US        |  345955576 | PA      | $346294612.54  | 0.51%             | 2031-06-13      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| Mister Car Wash Holdings Inc                                                   | MISTER CAR WASH HOLDINGS IN                                                    | CUSIP: 60646CAK3<br>LEI: 549300BARUQU0U2GQE05 | Long             | LON              | CORP              | US        |   31453804 | PA      | $31486515.82   | 0.05%             | 2031-03-27      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| Azalea Topco Inc                                                               | AZALEA TOPCO INC                                                               | CUSIP: 05477JAD3<br>LEI: 549300HC42NZULO53062 | Long             | LON              | CORP              | US        |  114239728 | PA      | $114382527.16  | 0.17%             | 2031-04-30      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| IRB Holding Corp                                                               | IRB HOLDING CORP                                                               | CUSIP: 44988LAL1<br>LEI: 549300HVW4WNWYBXN830 | Long             | LON              | CORP              | US        |   96721663 | PA      | $96687810.83   | 0.14%             | 2027-12-15      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| Epicor Software Corp                                                           | EPICOR SOFTWARE CORP                                                           | CUSIP: 29426NAZ7<br>LEI: JGNXVGGGXR4O1L5I7S73 | Long             | LON              | CORP              | US        |  107120998 | PA      | $107336311.46  | 0.16%             | 2031-05-30      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| USI Inc/NY                                                                     | USI INC/NY                                                                     | CUSIP: 90351NAR6<br>LEI: 2549006D7UF7072T7I27 | Long             | LON              | CORP              | US        |  166951320 | PA      | $166612408.41  | 0.25%             | 2029-11-23      | Floating      | 6.55%                 | No            |                  2 | On Loan: No      |
| USI Inc/NY                                                                     | USI INC/NY                                                                     | CUSIP: 90351NAQ8<br>LEI: 2549006D7UF7072T7I27 | Long             | LON              | CORP              | US        |  167359524 | PA      | $166783807.21  | 0.25%             | 2030-09-27      | Floating      | 6.55%                 | No            |                  2 | On Loan: No      |
| Filtration Group Corp                                                          | FILTRATION GROUP CORP                                                          | CUSIP: 31732FAV8<br>LEI: 549300ZA0D9WN5ECE978 | Long             | LON              | CORP              | US        |  333416192 | PA      | $334559809.63  | 0.49%             | 2028-10-24      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| HUB International Ltd                                                          | HUB INTERNATIONAL LTD                                                          | CUSIP: 44332EAZ9<br>LEI: 549300JQT6ATTUNS5E06 | Long             | LON              | CORP              | US        |  785034502 | PA      | $787209047.20  | 1.16%             | 2030-06-20      | Floating      | 6.77%                 | No            |                  2 | On Loan: No      |
| CCC Intelligent Solutions Inc                                                  | CCC INTELLIGENT SOLUTION                                                       | CUSIP: 12511BAC6<br>LEI: 5493006JEEL9RIWY5T17 | Long             | LON              | CORP              | US        |   56485389 | PA      | $56478610.79   | 0.08%             | 2028-09-21      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| AmWINS Group Inc                                                               | AMWINS GROUP INC                                                               | CUSIP: 03234TBA5<br>LEI: 549300SJE7MUB8NMRG61 | Long             | LON              | CORP              | US        |  381701957 | PA      | $381770663.71  | 0.56%             | 2032-01-23      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| Filtration Group Corp                                                          | FILTRATION GROUP CORP                                                          | CUSIP: 31732FAW6<br>LEI: 549300ZA0D9WN5ECE978 | Long             | LON              | CORP              | US        |   65339526 | PA      | $76870486.09   | 0.11%             | 2028-10-21      | Floating      | 5.43%                 | No            |                  2 | On Loan: No      |
| Ascend Learning LLC                                                            | ASCEND LEARNING LLC                                                            | CUSIP: 04349HAN4<br>LEI: 549300T466HKRLVCD610 | Long             | LON              | CORP              | US        |   59120828 | PA      | $59084172.59   | 0.09%             | 2028-12-10      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| AthenaHealth Group Inc                                                         | ATHENAHEALTH GROUP INC                                                         | CUSIP: 04686RAB9<br>LEI: 254900AA3KZN4Q7A5Z33 | Long             | LON              | CORP              | US        |   94461255 | PA      | $94313895.44   | 0.14%             | 2029-02-15      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| Applied Systems Inc                                                            | APPLIED SYSTEMS INC                                                            | CUSIP: 03827FBD2<br>LEI: 549300NSKGF0SY5SWQ62 | Long             | LON              | CORP              | US        |  650211992 | PA      | $652650287.26  | 0.96%             | 2031-02-24      | Floating      | 6.80%                 | No            |                  2 | On Loan: No      |
| Applied Systems Inc                                                            | APPLIED SYSTEMS INC                                                            | CUSIP: 03827FBC4<br>LEI: 549300NSKGF0SY5SWQ62 | Long             | LON              | CORP              | US        |   90567360 | PA      | $92673051.12   | 0.14%             | 2032-02-23      | Floating      | 8.80%                 | No            |                  2 | On Loan: No      |
| Mariner Wealth Advisors LLC                                                    | MARINER LLC                                                                    | CUSIP: 56846TAD8<br>LEI: 549300XJJOOU336E5R24 | Long             | LON              | CORP              | US        |   40262194 | PA      | $40345939.60   | 0.06%             | 2028-08-18      | Floating      | 6.80%                 | No            |                  2 | On Loan: No      |
| Varsity Brands Inc                                                             | VARSITY BRANDS INC                                                             | CUSIP: 92227QAF3<br>LEI: 254900PLBJA0I5NSTT38 | Long             | LON              | CORP              | US        |  167828378 | PA      | $167670618.83  | 0.25%             | 2031-08-26      | Floating      | 7.83%                 | No            |                  2 | On Loan: No      |
| Quartz Acquireco LLC                                                           | QUARTZ ACQUIRECO LLC                                                           | CUSIP: 74773K9C1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   36509449 | PA      | $36600723.12   | 0.05%             | 2030-06-28      | Floating      | 6.55%                 | No            |                  2 | On Loan: No      |
| Storable Inc                                                                   | STORABLE INC                                                                   | CUSIP: 86210LAD0<br>LEI: 2549000AWFN27KOH3F59 | Long             | LON              | CORP              | US        |   65168788 | PA      | $65046922.10   | 0.10%             | 2031-04-16      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| Loire Finco Luxembourg Sarl                                                    | LOIRE FINCO LUXEMBOURG                                                         | CUSIP: 5039999D8<br>LEI: N/A                  | Long             | LON              | CORP              | LU        |  187683266 | PA      | $188152474.62  | 0.28%             | 2030-01-31      | Floating      | 8.33%                 | No            |                  2 | On Loan: No      |
| Mariner Wealth Advisors LLC                                                    | MARINER LLC                                                                    | CUSIP: 56846T9C2<br>LEI: 549300XJJOOU336E5R24 | Long             | LON              | CORP              | US        |   56673000 | PA      | $56790879.84   | 0.08%             | 2030-12-22      | Floating      | 6.80%                 | No            |                  2 | On Loan: No      |
| CPI Holdco B LLC                                                               | CPI HOLDCO B LLC                                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   34219000 | PA      | $34099233.50   | 0.05%             | 2031-05-19      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Aon PLC                                                                        | AON PLC                                                                        | CUSIP: 000000000<br>LEI: 635400FALWQYX5E6QC64 | Long             | EC               | CORP              | IE        |     193400 | NS      | $68997384.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                            | WAYMO LLC SER A-2 CVT PFD UNITS PP                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    2141932 | NS      | $226937695.40  | 0.33%             |  |  |  | Yes           |                  3 | On Loan: No      |
| N/A                                                                            | AH PARENT,INC. SER A PREFERRED SHARES PP                                       | CUSIP: TC3I9NQ04<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     142534 | NS      | $142789135.86  | 0.21%             |  |  |  | Yes           |                  3 | On Loan: No      |
| N/A                                                                            | HOCKEY PARENT HLDS DBA HUB INTL UNITS PP                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     552165 | NS      | $743766595.79  | 1.10%             |  |  |  | Yes           |                  3 | On Loan: No      |
| N/A                                                                            | WAYMO LLC SER B-2 CVT PFD UNITS PP                                             | CUSIP: TC7W7JFK8<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     177514 | NS      | $18974471.46   | 0.03%             |  |  |  | Yes           |                  3 | On Loan: No      |
| N/A                                                                            | WAYMO LLC SER C-2 CVT PFD UNITS PP                                             | CUSIP: TC8HYG683<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    3575381 | NS      | $368943565.39  | 0.54%             |  |  |  | Yes           |                  3 | On Loan: No      |
| N/A                                                                            | ICAPITAL INC COMMON STOCK PP                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    7057619 | NS      | $98804548.71   | 0.15%             |  |  |  | Yes           |                  3 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-04

**Name of Applicant:** T. ROWE PRICE CAPITAL APPRECIATION FUND, INC.

**Signature:** /s/ Alan Dupski

**Name of Signer:** Alan Dupski

**Title:** Treasurer & Vice President