# EDGAR Filing Document

**Accession Number:** 0001420040
**File Stem:** 0000910472-25-005949
**Filing Date:** 2025-12
**Character Count:** 286577
**Document Hash:** 0276057509e52e48e8e683419f4fa1a4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-25-005949.hdr.sgml**: 20251229

**ACCESSION NUMBER**: 0000910472-25-005949

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251229

**DATE AS OF CHANGE**: 20251229

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Dunham Funds
- **CENTRAL INDEX KEY:** 0001420040

**ORGANIZATION NAME:**
- **EIN:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22153
- **FILM NUMBER:** 251603393

**BUSINESS ADDRESS:**
- **STREET 1:** 6256 GREENWICH DRIVE
- **STREET 2:** SUITE 550
- **CITY:** SAN DIEGO
- **STATE:** CA
- **ZIP:** 92122
- **BUSINESS PHONE:** 858-964-0500

**MAIL ADDRESS:**
- **STREET 1:** 6256 GREENWICH DRIVE
- **STREET 2:** SUITE 550
- **CITY:** SAN DIEGO
- **STATE:** CA
- **ZIP:** 92122

## Series and Classes Contracts Data

### Dunham Corporate/Government Bond Fund (Series ID: S000020976)

| Class ID   | Class Name                                    | Ticker Symbol   |
|:---|:---|:---|
| C000059523 | Dunham Corporate/Government Bond Fund Class A | DACGX           |
| C000059524 | Dunham Corporate/Government Bond Fund Class C | DCCGX           |
| C000059525 | Dunham Corporate/Government Bond Fund Class N | DNCGX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Dunham Funds

- **b. Investment Company Act file number:** 811-22153

- **c. CIK number of Registrant:** 0001420040

- **d. LEI of Registrant:** 549300FI2C3SP4YCHL80

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

  - **Street Address 1:** 6256 Greenwich Dr

  - **City:** SAN DIEGO

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 92122

  - **Telephone number:** 858-964-0500

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

- **a. Name of Series:** Dunham Corporate/Government Bond Fund

- **b. EDGAR series identifier (if any):** S000020976

- **c. LEI of Series:** 549300TMDJ8PGJIEKS74

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-10-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $311470371.17

**Total Liabilities:** $3301246.14

**Net Assets:** $308169125.03

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 399.20423400 | **1-Year:** 7338.26697600 | **5-Year:** 38323.30106600 | **10-Year:** 41889.00593800 | **30-Year:** 14324.44969600

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

- **3-Month:** 35.35929000 | **1-Year:** 1261.01405500 | **5-Year:** 7209.24730300 | **10-Year:** 2632.41166600 | **30-Year:** 554.88608000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000059525 | 0.89%                | 1.14%                | 0.53%                |
| Class ID C000059524 | 0.84%                | 1.09%                | 0.46%                |
| Class ID C000059523 | 0.88%                | 1.13%                | 0.50%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-37980.57               | $1532597.20                                |
| Month 2  | $78269.71                | $2227516.36                                |
| Month 3  | $106681.78               | $371817.62                                 |

**Designated Index Information**

- **Index Name:** Dunham Corporate/Govt DRP

- **Index Identifier:** DUNHAM CORPORATE/GOVT DRP

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Federal Home Loan Mortgage Corp.                                                                 | FR SD8343                            | CUSIP: 3132DWHU0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    836018 | PA      | $857546.17    | 0.28%             | 2053-07-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Roper Technologies Inc                                                                           | ROP 5.1 09/15/35                     | CUSIP: 776696AM8<br>LEI: 54930003T4SXCIWVXY35 | Long             | DBT              | CORP              | US        |    724000 | PA      | $728607.65    | 0.24%             | 2035-09-15      | Fixed         | 5.10%                 | No            | 2                  | On Loan: No      |
| Gartner Inc.                                                                                     | IT 3 3/4 10/01/30                    | CUSIP: 366651AE7<br>LEI: PP55B5R38BFB8O8HH686 | Long             | DBT              | CORP              | US        |    800000 | PA      | $756785.92    | 0.25%             | 2030-10-01      | Fixed         | 3.75%                 | Yes           | 2                  | On Loan: No      |
| Smurfit Kappa Treasury Unlimited Company                                                         | SW 5.777 04/03/54                    | CUSIP: 83272GAF8<br>LEI: 635400B3DOXSWFOWJT40 | Long             | DBT              | CORP              | IE        |    615000 | PA      | $627228.27    | 0.20%             | 2054-04-03      | Fixed         | 5.78%                 | No            | 2                  | On Loan: No      |
| Flutter Entertainment                                                                            | FLTR TL B 1L USD                     | CUSIP: N3313EAJ9<br>LEI: 635400EG4YIJLJMZJ782 | Long             | LON              | CORP              | US        |    214462 | PA      | $213747.27    | 0.07%             | 2032-06-04      | Variable      | 6.35%                 | No            | 2                  | On Loan: No      |
| Corporacion Nacional del Cobre de Chile                                                          | CDEL 5.95 01/08/34                   | CUSIP: 21987BBG2<br>LEI: 549300UVMBCBCIPSUI70 | Long             | DBT              | CORP              | CL        |    336000 | PA      | $353696.45    | 0.11%             | 2034-01-08      | Fixed         | 5.95%                 | Yes           | 2                  | On Loan: No      |
| BBVA Mexico SA                                                                                   | BBVASM 8 1/8 01/08/39                | CUSIP: 07336UAB9<br>LEI: 549300WIWQK5Q9MCUN92 | Long             | DBT              | CORP              | MX        |    139000 | PA      | $151510.00    | 0.05%             | 2039-01-08      | Fixed         | 8.12%                 | Yes           | 2                  | On Loan: No      |
| Blackstone Private Credit Fund                                                                   | BCRED 5.95 07/16/29                  | CUSIP: 09261HBN6<br>LEI: 549300ORP3TTCNXSYO43 | Long             | DBT              | CORP              | US        |    177000 | PA      | $180930.93    | 0.06%             | 2029-07-16      | Fixed         | 5.95%                 | No            | 2                  | On Loan: No      |
| U.S. Bancorp.                                                                                    | USB 5.424 02/12/36                   | CUSIP: 91159HJU5<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    631000 | PA      | $653856.45    | 0.21%             | 2036-02-12      | Fixed         | 5.42%                 | No            | 2                  | On Loan: No      |
| AerCap Ireland Capital Designated Activity Co. / AerCap Global Aviation Trust (AER)              | AER 6.95 03/10/55                    | CUSIP: 00774MBK0<br>LEI: 549300TI38531ODB1G63 | Long             | DBT              | CORP              | IE        |    156000 | PA      | $164103.67    | 0.05%             | 2055-03-10      | Fixed         | 6.95%                 | No            | 2                  | On Loan: No      |
| Saudi Arabia (Kingdom of)                                                                        | KSA 4 1/2 10/26/46                   | CUSIP: 80413TAC3<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |     95000 | PA      | $84050.22     | 0.03%             | 2046-10-26      | Fixed         | 4.50%                 | Yes           | 2                  | On Loan: No      |
| Diamondback Energy Inc                                                                           | FANG 5.9 04/18/64                    | CUSIP: 25278XBB4<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |    583000 | PA      | $558176.41    | 0.18%             | 2064-04-18      | Fixed         | 5.90%                 | No            | 2                  | On Loan: No      |
| British Airways PLC                                                                              | IAGLN 2.9 03/15/35                   | CUSIP: 11042CAA8<br>LEI: 375X9PSJLLOV7F21O626 | Long             | ABS-O            | CORP              | GB        |    317859 | PA      | $292062.10    | 0.09%             | 2035-03-15      | Fixed         | 2.90%                 | Yes           | 2                  | On Loan: No      |
| Directv Financing LLC/Directv Financing Co-Obligor Inc.                                          | DTV 5 7/8 08/15/27                   | CUSIP: 25461LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    152000 | PA      | $152130.26    | 0.05%             | 2027-08-15      | Fixed         | 5.88%                 | Yes           | 2                  | On Loan: No      |
| Saudi Arabia (Kingdom of)                                                                        | KSA 4 7/8 07/18/33                   | CUSIP: 80413TBD0<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |    154000 | PA      | $157258.33    | 0.05%             | 2033-07-18      | Fixed         | 4.88%                 | Yes           | 2                  | On Loan: No      |
| AerCap Ireland Capital Designated Activity Co. / AerCap Global Aviation Trust (AER)              | AER 6 1/2 01/31/56                   | CUSIP: 00774MBQ7<br>LEI: 549300TI38531ODB1G63 | Long             | DBT              | CORP              | IE        |    224000 | PA      | $231617.12    | 0.08%             | 2056-01-31      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Genesis Energy LP & Genesis Energy Finance Corp.                                                 | GEL 8 7/8 04/15/30                   | CUSIP: 37185LAN2<br>LEI: 549300VJ5D6MDK138782 | Long             | DBT              | CORP              | US        |    305000 | PA      | $321641.72    | 0.10%             | 2030-04-15      | Fixed         | 8.88%                 | No            | 2                  | On Loan: No      |
| Select Medical                                                                                   | SEM TL B 1L USD                      | CUSIP: 816194AY0<br>LEI: 549300X05KS0JKR8CB50 | Long             | LON              | CORP              | US        |    183612 | PA      | $184301.05    | 0.06%             | 2031-11-19      | Variable      | 6.33%                 | No            | 2                  | On Loan: No      |
| Bridgecrest Lending Auto Securitization Trust 2025-1                                             | BLAST 2025-1 C                       | CUSIP: 10806HAE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    465000 | PA      | $466824.47    | 0.15%             | 2029-12-17      | Fixed         | 5.15%                 | No            | 2                  | On Loan: No      |
| CCO Holdings, LLC/ CCO Holdings Capital Corp.                                                    | CHTR 4 1/2 08/15/30                  | CUSIP: 1248EPCE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     45000 | PA      | $42215.30     | 0.01%             | 2030-08-15      | Fixed         | 4.50%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                                                            | FN 909175                            | CUSIP: 31411JCL8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     12155 | PA      | $12621.69     | 0.00%             | 2038-04-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Verus Securitization Trust 2019-Inv3                                                             | VERUS 2023-8 A1                      | CUSIP: 92540DAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    558449 | PA      | $564069.03    | 0.18%             | 2068-12-25      | Floating      | 6.26%                 | Yes           | 2                  | On Loan: No      |
| Ally Financial Inc.                                                                              | ALLY 5.543 01/17/31                  | CUSIP: 02005NBW9<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |    422000 | PA      | $429411.47    | 0.14%             | 2031-01-17      | Fixed         | 5.54%                 | No            | 2                  | On Loan: No      |
| State Street Corp.                                                                               | STT 6.123 11/21/34                   | CUSIP: 857477CG6<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |    565000 | PA      | $612114.71    | 0.20%             | 2034-11-21      | Fixed         | 6.12%                 | No            | 2                  | On Loan: No      |
| Blackfin Pipeline                                                                                | BLKFPL TL B 1L USD                   | CUSIP: 09231PAB2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    280000 | PA      | $280263.20    | 0.09%             | 2032-09-29      | Variable      | 7.17%                 | No            | 2                  | On Loan: No      |
| The Brooklyn Union Gas Company                                                                   | NGGLN 4.866 08/05/32                 | CUSIP: 114259AW4<br>LEI: 83BQ1DXS6VA5GZFK8S35 | Long             | DBT              | CORP              | US        |    271000 | PA      | $268659.59    | 0.09%             | 2032-08-05      | Fixed         | 4.87%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FA1728                            | CUSIP: 3140W14N0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2394599 | PA      | $2454225.32   | 0.80%             | 2053-10-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| EMD Finance LLC                                                                                  | MRKGR 5 10/15/35                     | CUSIP: 26867LAR1<br>LEI: 529900C8KS5G529A0B76 | Long             | DBT              | CORP              | US        |    593000 | PA      | $594676.85    | 0.19%             | 2035-10-15      | Fixed         | 5.00%                 | Yes           | 2                  | On Loan: No      |
| Universal Health Services, Inc.                                                                  | UHS 5.05 10/15/34                    | CUSIP: 913903BC3<br>LEI: 549300YGMGQDO0NMJD09 | Long             | DBT              | CORP              | US        |    422000 | PA      | $413203.22    | 0.13%             | 2034-10-15      | Fixed         | 5.05%                 | No            | 2                  | On Loan: No      |
| Charter Communications Operating, LLC/Charter Communications Operating Capital Corp.             | CHTR 4.8 03/01/50                    | CUSIP: 161175BT0<br>LEI: 549300TPZNMN50BJ3745 | Long             | DBT              | CORP              | US        |    898000 | PA      | $696413.31    | 0.23%             | 2050-03-01      | Fixed         | 4.80%                 | No            | 2                  | On Loan: No      |
| United States Treasury Bonds                                                                     | T 4 1/2 11/15/54                     | CUSIP: 912810UE6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3310000 | PA      | $3217682.05   | 1.04%             | 2054-11-15      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Pilgrims Pride Corporation                                                                       | PPC 6 1/4 07/01/33                   | CUSIP: 72147KAK4<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | DBT              | CORP              | US        |    685000 | PA      | $730501.13    | 0.24%             | 2033-07-01      | Fixed         | 6.25%                 | No            | 2                  | On Loan: No      |
| MIRA TRUST 2023-MILE                                                                             | MIRA 2023-MILE A                     | CUSIP: 55318EAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    325000 | PA      | $338020.93    | 0.11%             | 2028-06-06      | Fixed         | 6.75%                 | Yes           | 2                  | On Loan: No      |
| MMP CAPITAL 2025-A LLC                                                                           | MMP 2025-A B                         | CUSIP: 55317QAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    800000 | PA      | $815873.12    | 0.26%             | 2031-12-15      | Fixed         | 5.72%                 | Yes           | 2                  | On Loan: No      |
| WOODWARD CAPITAL MANAGEMENT                                                                      | RCKT 2024-CES3 A1A                   | CUSIP: 74942AAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    574369 | PA      | $582814.20    | 0.19%             | 2044-05-25      | Floating      | 6.59%                 | Yes           | 2                  | On Loan: No      |
| HOUSTON GALLERIA TR 2025-HGLR                                                                    | HGMT 2025-HGLR A                     | CUSIP: 44216XAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    820000 | PA      | $852630.51    | 0.28%             | 2045-02-05      | Floating      | 5.46%                 | Yes           | 2                  | On Loan: No      |
| FHF TRUST 2023-1                                                                                 | FHF 2023-1A A2                       | CUSIP: 30331GAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     62200 | PA      | $62474.73     | 0.02%             | 2028-06-15      | Fixed         | 6.57%                 | Yes           | 2                  | On Loan: No      |
| The Bank of New York Mellon Corp.                                                                | BK 5.834 10/25/33                    | CUSIP: 06406RBM8<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    486000 | PA      | $523385.94    | 0.17%             | 2033-10-25      | Fixed         | 5.83%                 | No            | 2                  | On Loan: No      |
| ONEMAIN FINANCIAL ISSUANCE TRUST 20                                                              | OMFIT 2025-1A B                      | CUSIP: 68270DAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    630000 | PA      | $638191.58    | 0.21%             | 2038-07-14      | Fixed         | 5.05%                 | Yes           | 2                  | On Loan: No      |
| Arivo Acceptance Auto Loan Receivables Trust 2022-1                                              | ARIVO 2024-1A B                      | CUSIP: 039943AB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    446000 | PA      | $456420.21    | 0.15%             | 2030-06-17      | Fixed         | 6.87%                 | Yes           | 2                  | On Loan: No      |
| Glencore Funding LLC                                                                             | GLENLN 5.634 04/04/34                | CUSIP: 378272BU1<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |    250000 | PA      | $260615.84    | 0.08%             | 2034-04-04      | Fixed         | 5.63%                 | Yes           | 2                  | On Loan: No      |
| American Axle                                                                                    | AXL TL C 1L USD                      | CUSIP: 02406MAW7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    140000 | PA      | $139300.00    | 0.05%             | 2032-09-20      | Variable      | 7.40%                 | No            | 2                  | On Loan: No      |
| Del Monte Foods Inc                                                                              | DELMFD PIK-TERM 1L USD               | CUSIP: 24521WAD1<br>LEI: 549300U9K7TD84Q24R17 | Long             | LON              | CORP              | US        |    120326 | PA      | $2481.72      | 0.00%             | 2028-08-02      | Variable      | 8.35%                 | No            | 2                  | On Loan: No      |
| Citigroup Inc.                                                                                   | C 3 7/8 PERP                         | CUSIP: 172967MV0<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    250000 | PA      | $248726.55    | 0.08%             | 2169-05-18      | Fixed         | 3.88%                 | No            | 2                  | On Loan: No      |
| A&D MORTGAGE TRUST 2025-NQM2                                                                     | ADMT 2025-NQM2 A1                    | CUSIP: 00250EAC0<br>LEI: 9845004ECDEDFFFFC959 | Long             | ABS-O            | CORP              | US        |    567964 | PA      | $572693.02    | 0.19%             | 2070-06-25      | Floating      | 5.79%                 | Yes           | 2                  | On Loan: No      |
| NMEF FUNDING 2025-A LLC                                                                          | NMEF 2025-A B                        | CUSIP: 62919VAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    570000 | PA      | $576429.03    | 0.19%             | 2032-04-25      | Fixed         | 5.18%                 | Yes           | 2                  | On Loan: No      |
| Aptiv PLC / Aptiv Global Financing DAC                                                           | APTV 6 7/8 12/15/54                  | CUSIP: 03837AAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | JE        |    405000 | PA      | $414089.64    | 0.13%             | 2054-12-15      | Fixed         | 6.88%                 | No            | 2                  | On Loan: No      |
| LAD AUTO RECEIVABLES 2023-4                                                                      | LADAR 2023-4A C                      | CUSIP: 50571AAF8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    339000 | PA      | $348966.13    | 0.11%             | 2029-03-15      | Fixed         | 6.76%                 | Yes           | 2                  | On Loan: No      |
| Turkey (Republic of)                                                                             | TURKEY 7 1/4 05/29/32                | CUSIP: 900123DQ0<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    143000 | PA      | $149864.88    | 0.05%             | 2032-05-29      | Fixed         | 7.25%                 | No            | 2                  | On Loan: No      |
| TOWD POINT MTG TR 2021-1                                                                         | TPMT 2021-1 A2                       | CUSIP: 89179YAW3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    365000 | PA      | $315532.90    | 0.10%             | 2061-11-25      | Floating      | 2.75%                 | Yes           | 2                  | On Loan: No      |
| Blackrock Inc.                                                                                   | BLK 5 1/4 03/14/54                   | CUSIP: 09290DAC5<br>LEI: 529900VBK42Y5HHRMD23 | Long             | DBT              | CORP              | US        |    546000 | PA      | $536617.30    | 0.17%             | 2054-03-14      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Sodexo Inc                                                                                       | SWFP 5.8 08/15/35                    | CUSIP: 833794AD2<br>LEI: 549300WSZGQGJQXRFU84 | Long             | DBT              | CORP              | US        |    616000 | PA      | $644274.57    | 0.21%             | 2035-08-15      | Fixed         | 5.80%                 | Yes           | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD8309                            | CUSIP: 3132DWGS6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1789880 | PA      | $1837616.81   | 0.60%             | 2053-03-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| NYMT LOAN TRUST 2022-CP1                                                                         | NYMT 2022-CP1 A1                     | CUSIP: 62955VAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    501685 | PA      | $474664.62    | 0.15%             | 2061-07-25      | Fixed         | 2.04%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS4991                            | CUSIP: 3140XLRM2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    680732 | PA      | $604079.88    | 0.20%             | 2052-03-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Serbia (Republic Of)                                                                             | SERBIA 6 1/2 09/26/33                | CUSIP: 817477AH5<br>LEI: 254900W94OCY91V32O78 | Long             | DBT              | NUSS              | RS        |    149000 | PA      | $162954.33    | 0.05%             | 2033-09-26      | Fixed         | 6.50%                 | Yes           | 2                  | On Loan: No      |
| PMT Loan Trust 2024-INV2                                                                         | PMTLT 2024-INV2 A1                   | CUSIP: 73015CAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    191755 | PA      | $194661.42    | 0.06%             | 2059-12-25      | Floating      | 6.00%                 | Yes           | 2                  | On Loan: No      |
| Mill City Mortgage Loan Trust 2015-2                                                             | MCMLT 2019-GS2 A1                    | CUSIP: 59981TAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    199462 | PA      | $194242.22    | 0.06%             | 2059-08-25      | Floating      | 2.75%                 | Yes           | 2                  | On Loan: No      |
| Morgan Stanley                                                                                   | MS 5.948 01/19/38                    | CUSIP: 61747YFB6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    287000 | PA      | $300982.24    | 0.10%             | 2038-01-19      | Fixed         | 5.95%                 | No            | 2                  | On Loan: No      |
| Corebridge Financial Inc.                                                                        | CRBG 6 3/8 09/15/54                  | CUSIP: 21871XAT6<br>LEI: 549300XY1661QCIA7J65 | Long             | DBT              | CORP              | US        |    407000 | PA      | $419354.49    | 0.14%             | 2054-09-15      | Fixed         | 6.38%                 | No            | 2                  | On Loan: No      |
| FOUNDATION FINANCE TRUST 2023-2                                                                  | FFIN 2023-2A A                       | CUSIP: 35042RAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    208927 | PA      | $217928.81    | 0.07%             | 2049-06-15      | Fixed         | 6.53%                 | Yes           | 2                  | On Loan: No      |
| South Bow USA Infrastructure Holdings LLC                                                        | SOBOCN 6.176 10/01/54                | CUSIP: 83007CAH5<br>LEI: 254900Z1WAY7QFQ7O850 | Long             | DBT              | CORP              | US        |     70000 | PA      | $67945.07     | 0.02%             | 2054-10-01      | Fixed         | 6.18%                 | No            | 2                  | On Loan: No      |
| UKG                                                                                              | ULTI TL B 1L USD                     | CUSIP: N/A<br>LEI: 529900FKHWSTQ1GXK240       | Long             | LON              | CORP              | US        |    128820 | PA      | $128950.73    | 0.04%             | 2031-02-10      | Variable      | 7.31%                 | No            | 2                  | On Loan: No      |
| NextEra Energy Capital Holdings Inc                                                              | NEE 6 1/2 08/15/55                   | CUSIP: 65339KDF4<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    428000 | PA      | $458167.15    | 0.15%             | 2055-08-15      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| State Street Corp.                                                                               | STT 6.7 PERP                         | CUSIP: 857477CH4<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |    182000 | PA      | $189779.41    | 0.06%             | 2174-03-15      | Fixed         | 6.70%                 | No            | 2                  | On Loan: No      |
| BlueLinx Holdings Inc.                                                                           | BXC 6 11/15/29                       | CUSIP: 09624HAA7<br>LEI: 549300YSX7GU28F5I540 | Long             | DBT              | CORP              | US        |    175000 | PA      | $171940.65    | 0.06%             | 2029-11-15      | Fixed         | 6.00%                 | Yes           | 2                  | On Loan: No      |
| The Charles Schwab Corporation                                                                   | SCHW 6.136 08/24/34                  | CUSIP: 808513CH6<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |    225000 | PA      | $245121.20    | 0.08%             | 2034-08-24      | Fixed         | 6.14%                 | No            | 2                  | On Loan: No      |
| Froneri                                                                                          | ICECR TL B 1L USD                    | CUSIP: G3679YAK8<br>LEI: 213800NRSZ1N2Y6LEX44 | Long             | LON              | CORP              | US        |    383574 | PA      | $381339.43    | 0.12%             | 2031-09-18      | Variable      | 6.20%                 | No            | 2                  | On Loan: No      |
| Affirm Asset Securitization Trust 2025-X1                                                        | AFFRM 2025-X1 A                      | CUSIP: 00834MAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    287954 | PA      | $288543.56    | 0.09%             | 2030-04-15      | Fixed         | 5.08%                 | Yes           | 2                  | On Loan: No      |
| OneMain Financial Corporation                                                                    | OMF 6 1/2 03/15/33                   | CUSIP: 682691AM2<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    235000 | PA      | $234355.61    | 0.08%             | 2033-03-15      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| LENDBUZZ SECURITIZATION TRUST                                                                    | LBZZ 2024-2A A2                      | CUSIP: 525920AB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    221110 | PA      | $222210.26    | 0.07%             | 2029-05-15      | Fixed         | 5.99%                 | Yes           | 2                  | On Loan: No      |
| Capital Power (US Holdings) Inc                                                                  | CPXCN 6.189 06/01/35                 | CUSIP: 14041TAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    631000 | PA      | $660994.39    | 0.21%             | 2035-06-01      | Fixed         | 6.19%                 | Yes           | 2                  | On Loan: No      |
| SPDR Series Trust                                                                                | SS SPDR BB HY BD                     | CUSIP: 78468R622<br>LEI: 5493004JVD6CQEEJSS37 | Long             | EC               | RF                | US        |     31535 | NS      | $3071193.65   | 1.00%             |  |  |  | No            | 1                  | On Loan: —       |
| GOLDENTREE LN MGMT US CLO 9 LTD/LLC                                                              | GLM 2021-9A AR                       | CUSIP: 38138JAN3<br>LEI: 549300CQMHYJ3DLMP206 | Long             | ABS-CBDO         | CORP              | KY        |    515000 | PA      | $516951.34    | 0.17%             | 2037-04-20      | Floating      | 5.38%                 | Yes           | 2                  | On Loan: No      |
| N/A                                                                                              | MOUNT VERNON LIQUID ASSETS PORTFOLIO | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | US        |         0 | NS      | $0.00         | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| TOWD POINT MORTGAGE TRUST 2024-1                                                                 | TPMT 2024-1 A1                       | CUSIP: 89182NAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    450497 | PA      | $462060.24    | 0.15%             | 2064-03-25      | Floating      | 4.88%                 | Yes           | 2                  | On Loan: No      |
| BX Trust 2025-Roic                                                                               | BX 2025-ROIC C                       | CUSIP: 05593VAJ2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    423349 | PA      | $422554.20    | 0.14%             | 2030-03-15      | Floating      | 5.58%                 | Yes           | 2                  | On Loan: No      |
| SANTANDER MORTGAGE ASSET RECEIVABLE TRUST 2025-CES1                                              | SAN 2025-CES1 A1A                    | CUSIP: 802650AB7<br>LEI: 254900WEZWXJLYHMU869 | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $500452.50    | 0.16%             | 2055-09-25      | Floating      | 5.04%                 | Yes           | 2                  | On Loan: No      |
| TOWD PT MTG TR 2019-2                                                                            | TPMT 2019-2 A2                       | CUSIP: 89177JAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    255000 | PA      | $232633.41    | 0.08%             | 2058-12-25      | Floating      | 3.75%                 | Yes           | 2                  | On Loan: No      |
| Puget Energy Inc                                                                                 | PSD 2.379 06/15/28                   | CUSIP: 745310AM4<br>LEI: SYBSJ96YIDMIUY7WDR33 | Long             | DBT              | CORP              | US        |    419000 | PA      | $399032.23    | 0.13%             | 2028-06-15      | Fixed         | 2.38%                 | No            | 2                  | On Loan: No      |
| National Rural Utilities Cooperative Finance Corp.                                               | NRUC Float 04/30/43                  | CUSIP: 637432MT9<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |    156000 | PA      | $156117.53    | 0.05%             | 2043-04-30      | Floating      | 7.01%                 | No            | 2                  | On Loan: No      |
| Booz Allen Hamilton Inc                                                                          | BAH 4 07/01/29                       | CUSIP: 09951LAB9<br>LEI: 549300D7XCH2480XU542 | Long             | DBT              | CORP              | US        |    416000 | PA      | $405702.06    | 0.13%             | 2029-07-01      | Fixed         | 4.00%                 | Yes           | 2                  | On Loan: —       |
| BPCE SA                                                                                          | BPCEGP 6.915 01/14/46                | CUSIP: 05571ABB0<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |    209000 | PA      | $224645.43    | 0.07%             | 2046-01-14      | Fixed         | 6.92%                 | Yes           | 2                  | On Loan: No      |
| Ally Financial Inc.                                                                              | ALLY 5.737 05/15/29                  | CUSIP: 02005NBZ2<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |     73000 | PA      | $74470.90     | 0.02%             | 2029-05-15      | Fixed         | 5.74%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                                                            | FN 866009                            | CUSIP: 31409BDN4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      7311 | PA      | $7713.76      | 0.00%             | 2036-03-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| BX Trust 2018-Bilt                                                                               | BX 2019-OC11 D                       | CUSIP: 05606FAL7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    410000 | PA      | $388737.52    | 0.13%             | 2041-12-09      | Fixed         | 4.08%                 | Yes           | 2                  | On Loan: No      |
| CCO Holdings, LLC/ CCO Holdings Capital Corp.                                                    | CHTR 4 3/4 03/01/30                  | CUSIP: 1248EPCD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    180000 | PA      | $171269.89    | 0.06%             | 2030-03-01      | Fixed         | 4.75%                 | Yes           | 2                  | On Loan: No      |
| Uzbekistan (The Republic of)                                                                     | UZBEK 6.9 02/28/32                   | CUSIP: 91824PAA5<br>LEI: 213800L6VDKUM3TCM927 | Long             | DBT              | NUSS              | UZ        |    116000 | PA      | $125970.55    | 0.04%             | 2032-02-28      | Fixed         | 6.90%                 | Yes           | 2                  | On Loan: No      |
| AES Corp.                                                                                        | AES 7.6 01/15/55                     | CUSIP: 00130HCK9<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | DBT              | CORP              | US        |    195000 | PA      | $199992.20    | 0.06%             | 2055-01-15      | Fixed         | 7.60%                 | No            | 2                  | On Loan: No      |
| United States Treasury Bonds                                                                     | T 4 3/4 05/15/55                     | CUSIP: 912810UK2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1775000 | PA      | $1797603.52   | 0.58%             | 2055-05-15      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FA0685                            | CUSIP: 3140W0XP5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1612984 | PA      | $1651572.39   | 0.54%             | 2055-01-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Bank of America Corp.                                                                            | BAC 2.687 04/22/32                   | CUSIP: 06051GJT7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    695000 | PA      | $635044.16    | 0.21%             | 2032-04-22      | Fixed         | 2.69%                 | No            | 2                  | On Loan: No      |
| FIRSTKEY HOMES 2020-SFR1 TRUST                                                                   | FKH 2021-SFR1 D                      | CUSIP: 33767WAG8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    130000 | PA      | $127037.35    | 0.04%             | 2028-08-17      | Fixed         | 2.19%                 | Yes           | 2                  | On Loan: No      |
| Oracle Corp.                                                                                     | ORCL 6 1/4 11/09/32                  | CUSIP: 68389XCJ2<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    115000 | PA      | $123207.00    | 0.04%             | 2032-11-09      | Fixed         | 6.25%                 | No            | 2                  | On Loan: No      |
| WorldPay                                                                                         | WRLDPY TL B 1L USD                   | CUSIP: 92943EAG1<br>LEI: 254900S8RE1OL7TTCU64 | Long             | LON              | CORP              | US        |    233825 | PA      | $234701.84    | 0.08%             | 2031-01-31      | Variable      | 6.30%                 | No            | 2                  | On Loan: No      |
| Ford Motor Credit Company LLC                                                                    | F 6 1/2 02/07/35                     | CUSIP: 345397G56<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    145000 | PA      | $150079.36    | 0.05%             | 2035-02-07      | Fixed         | 6.50%                 | No            | 2                  | On Loan: —       |
| OPORTUN ISSUANCE TRUST 2025-A                                                                    | OPTN 2025-A A                        | CUSIP: 68377TAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    300000 | PA      | $300038.58    | 0.10%             | 2033-02-08      | Fixed         | 5.01%                 | Yes           | 2                  | On Loan: No      |
| WhiteWater DBR                                                                                   | WHIDBR TL B1 1L USD                  | CUSIP: 96616PAD0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     74064 | PA      | $74156.96     | 0.02%             | 2031-03-03      | Variable      | 6.55%                 | No            | 2                  | On Loan: No      |
| OPORTUN ISSUANCE TRUST 2021-C                                                                    | OPTN 2021-C A                        | CUSIP: 68377WAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    254285 | PA      | $249510.13    | 0.08%             | 2031-10-08      | Fixed         | 2.18%                 | Yes           | 2                  | On Loan: No      |
| Univision Communications Inc.                                                                    | UVN 8 08/15/28                       | CUSIP: 914906AY8<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |    530000 | PA      | $545973.67    | 0.18%             | 2028-08-15      | Fixed         | 8.00%                 | Yes           | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FG G05888                            | CUSIP: 3128M72V7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      7823 | PA      | $8132.33      | 0.00%             | 2039-10-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Allianz SE                                                                                       | ALVGR 5.6 09/03/54                   | CUSIP: 018820AD2<br>LEI: 529900K9B0N5BT694847 | Long             | DBT              | CORP              | DE        |    271000 | PA      | $279601.54    | 0.09%             | 2054-09-03      | Fixed         | 5.60%                 | Yes           | 2                  | On Loan: No      |
| MERCURY FINANCIAL CREDITCARD                                                                     | MFCC 2024-2A A                       | CUSIP: 58940BAZ9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    430000 | PA      | $432679.37    | 0.14%             | 2029-07-20      | Fixed         | 6.56%                 | Yes           | 2                  | On Loan: No      |
| United States Treasury Notes                                                                     | T 4 02/15/34                         | CUSIP: 91282CJZ5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    890000 | PA      | $890382.42    | 0.29%             | 2034-02-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| EFMT 2025-CES4                                                                                   | EFMT 2025-CES4 A1                    | CUSIP: 267954AA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    320987 | PA      | $323174.66    | 0.10%             | 2060-06-25      | Floating      | 5.43%                 | Yes           | 2                  | On Loan: No      |
| PMT LOAN TRUST 2025-INV7                                                                         | PMTLT 2025-INV7 A7                   | CUSIP: 73015FAG1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    907560 | PA      | $921441.46    | 0.30%             | 2056-06-25      | Floating      | 6.00%                 | Yes           | 2                  | On Loan: No      |
| American Express Company                                                                         | AXP 5 5/8 07/28/34                   | CUSIP: 025816DK2<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    767000 | PA      | $805111.62    | 0.26%             | 2034-07-28      | Fixed         | 5.62%                 | No            | 2                  | On Loan: No      |
| United States Treasury Bonds                                                                     | T 1 3/8 08/15/50                     | CUSIP: 912810SP4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5850000 | PA      | $2980072.25   | 0.97%             | 2050-08-15      | Fixed         | 1.38%                 | No            | 2                  | On Loan: No      |
| CARVANA AUTO RECEIVABLES TRUST 2024                                                              | CRVNA 2024-N1 B                      | CUSIP: 14687QAD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    495000 | PA      | $500180.27    | 0.16%             | 2030-05-10      | Fixed         | 5.63%                 | Yes           | 2                  | On Loan: No      |
| BX Trust 2018-Bilt                                                                               | BX 2024-XL5 A                        | CUSIP: 05612GAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    774961 | PA      | $776268.05    | 0.25%             | 2041-03-15      | Floating      | 5.42%                 | Yes           | 2                  | On Loan: No      |
| UBS Group AG                                                                                     | UBS 4.988 08/05/33                   | CUSIP: 902613AT5<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    370000 | PA      | $375816.67    | 0.12%             | 2033-08-05      | Fixed         | 4.99%                 | Yes           | 2                  | On Loan: No      |
| Talen Energy Supply                                                                              | TLN TL B 1L USD                      | CUSIP: 87422LBA7<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | LON              | CORP              | US        |     90000 | PA      | $90056.25     | 0.03%             | 2032-10-09      | Variable      | 6.11%                 | No            | 2                  | On Loan: No      |
| Univision Communications/Televisa                                                                | UVN TL B 1L USD                      | CUSIP: 914908BD9<br>LEI: 549300YQDE2JSGTL8V47 | Long             | LON              | CORP              | US        |    227125 | PA      | $225449.95    | 0.07%             | 2029-01-31      | Variable      | 7.94%                 | No            | 2                  | On Loan: No      |
| Transurban Finance Company Pty Ltd.                                                              | TCLAU 4.924 03/24/36                 | CUSIP: 89400PAL7<br>LEI: 54930081LPJMUMEA6E57 | Long             | DBT              | CORP              | AU        |    720000 | PA      | $718260.34    | 0.23%             | 2036-03-24      | Fixed         | 4.92%                 | Yes           | 2                  | On Loan: No      |
| PNC Financial Services Group Inc.                                                                | PNC 5.575 01/29/36                   | CUSIP: 693475CC7<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    570000 | PA      | $595546.70    | 0.19%             | 2036-01-29      | Fixed         | 5.58%                 | No            | 2                  | On Loan: No      |
| Vistra Corp                                                                                      | VST 8 PERP                           | CUSIP: 92840MAB8<br>LEI: 549300KP43CPCUJOOG15 | Long             | DBT              | CORP              | US        |    245000 | PA      | $252040.32    | 0.08%             | 2170-04-15      | Fixed         | 8.00%                 | Yes           | 2                  | On Loan: No      |
| Occidental Petroleum Corp.                                                                       | OXY 6.2 03/15/40                     | CUSIP: 674599DJ1<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    271000 | PA      | $277757.39    | 0.09%             | 2040-03-15      | Fixed         | 6.20%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS8360                            | CUSIP: 3140XQJE8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1180127 | PA      | $1089901.87   | 0.35%             | 2052-09-01      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS4438                            | CUSIP: 3140XK4Y3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    749250 | PA      | $749552.32    | 0.24%             | 2052-11-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| J.P. MORGAN SND MTG TR 2024-1                                                                    | JPSMT 2024-1 A4                      | CUSIP: 61777HAH8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    323621 | PA      | $318677.69    | 0.10%             | 2054-10-25      | Floating      | 4.41%                 | Yes           | 2                  | On Loan: No      |
| CSMC 2020-NQM1                                                                                   | CSMC 2020-NQM1 A1                    | CUSIP: 126401AA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     96830 | PA      | $92831.79     | 0.03%             | 2065-05-25      | Floating      | 2.21%                 | Yes           | 2                  | On Loan: No      |
| Cloud Software Group Inc.                                                                        | TIBX 9 09/30/29                      | CUSIP: 18912UAA0<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |    400000 | PA      | $414112.40    | 0.13%             | 2029-09-30      | Fixed         | 9.00%                 | Yes           | 2                  | On Loan: No      |
| Herc Holdings Inc                                                                                | HRI 7 06/15/30                       | CUSIP: 42704LAF1<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |    215000 | PA      | $225174.88    | 0.07%             | 2030-06-15      | Fixed         | 7.00%                 | Yes           | 2                  | On Loan: No      |
| Mexico (United Mexican States)                                                                   | MEX 6 5/8 01/29/38                   | CUSIP: 91087BBF6<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    200000 | PA      | $211700.00    | 0.07%             | 2038-01-29      | Fixed         | 6.62%                 | No            | 2                  | On Loan: No      |
| JP MORGAN MORT TR 2025-CES1                                                                      | JPMMT 2025-CES1 A1                   | CUSIP: 46658XAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    277097 | PA      | $279256.70    | 0.09%             | 2055-05-25      | Floating      | 5.67%                 | Yes           | 2                  | On Loan: No      |
| Quikrete                                                                                         | QUIKHO TL B1 1L USD                  | CUSIP: 74839XAM1<br>LEI: 5493007KIN86DIZWZT22 | Long             | LON              | CORP              | US        |    127729 | PA      | $128077.54    | 0.04%             | 2031-04-14      | Variable      | 6.58%                 | No            | 2                  | On Loan: No      |
| DEEPHAVEN RESIDENTIAL MTG TR 2022-1                                                              | DRMT 2022-1 A1                       | CUSIP: 24382JAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    725602 | PA      | $671705.79    | 0.22%             | 2067-01-25      | Floating      | 2.21%                 | Yes           | 2                  | On Loan: No      |
| SIERRA TIMESHARE 2023-3 RECEIVABLES                                                              | SRFC 2023-2A B                       | CUSIP: 82650BAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    102382 | PA      | $104280.49    | 0.03%             | 2040-04-20      | Fixed         | 6.28%                 | Yes           | 2                  | On Loan: No      |
| FINBE USA TR 2025-1                                                                              | FINBE 2025-1A A                      | CUSIP: 317967AA5<br>LEI: 4469000001BR51E83192 | Long             | ABS-O            | CORP              | US        |    540030 | PA      | $539754.75    | 0.18%             | 2028-12-15      | Fixed         | 5.70%                 | Yes           | 2                  | On Loan: No      |
| Mill City Mortgage Loan Trust 2018-2                                                             | MCMLT 2019-1 M2                      | CUSIP: 59981AAH9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    199632 | PA      | $185978.35    | 0.06%             | 2069-10-25      | Floating      | 3.50%                 | Yes           | 2                  | On Loan: No      |
| RESIDENTIAL MTG LN TR 2020-1                                                                     | RMLT 2020-1 A1                       | CUSIP: 76119CAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      6634 | PA      | $6594.81      | 0.00%             | 2060-01-26      | Floating      | 2.38%                 | Yes           | 2                  | On Loan: No      |
| TransDigm                                                                                        | TDG TL K 1L USD                      | CUSIP: 89364MCF9<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |     80000 | PA      | $80155.20     | 0.03%             | 2030-03-22      | Variable      | 6.38%                 | No            | 2                  | On Loan: No      |
| South Africa (Republic of)                                                                       | SOAF 5.65 09/27/47                   | CUSIP: 836205AX2<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    135000 | PA      | $114421.10    | 0.04%             | 2047-09-27      | Fixed         | 5.65%                 | No            | 2                  | On Loan: No      |
| NY 2025-299P A                                                                                   | NY 2025-299P A                       | CUSIP: 62957FAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    470000 | PA      | $494408.79    | 0.16%             | 2047-02-10      | Floating      | 5.66%                 | Yes           | 2                  | On Loan: No      |
| ANGEL OAK MORTGAGE TRUST 2021-8                                                                  | AOMT 2021-8 A1                       | CUSIP: 03465MAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    418752 | PA      | $376280.42    | 0.12%             | 2066-11-25      | Floating      | 1.82%                 | Yes           | 2                  | On Loan: No      |
| Resideo Technologies                                                                             | REZI TL B 1L USD                     | CUSIP: 76090LAM6<br>LEI: 5493000IFJ6XJKH66598 | Long             | LON              | CORP              | US        |    170000 | PA      | $170000.00    | 0.06%             | 2032-08-09      | Variable      | 6.36%                 | No            | 2                  | On Loan: No      |
| Ashtead Capital Inc.                                                                             | AHTLN 5.95 10/15/33                  | CUSIP: 045054AR4<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | US        |    115000 | PA      | $121619.80    | 0.04%             | 2033-10-15      | Fixed         | 5.95%                 | Yes           | 2                  | On Loan: No      |
| Westinghouse Electric Co                                                                         | WECHOL TL B 1L USD                   | CUSIP: N/A<br>LEI: 5493002M6GRSU1IWMG57       | Long             | LON              | CORP              | US        |    199367 | PA      | $200053.64    | 0.06%             | 2031-01-27      | Variable      | 6.57%                 | No            | 2                  | On Loan: No      |
| ALA TRUST 2025-OANA                                                                              | ALA 2025-OANA A                      | CUSIP: 009920AA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    610000 | PA      | $613303.33    | 0.20%             | 2030-06-15      | Floating      | 5.78%                 | Yes           | 2                  | On Loan: No      |
| BrightSpring Health Services/PharMerica                                                          | BRIHEA TL B5 1L USD                  | CUSIP: 71913BAK8<br>LEI: 254900JIOIDL3GSUFE55 | Long             | LON              | CORP              | US        |    147387 | PA      | $148001.74    | 0.05%             | 2031-02-21      | Variable      | 6.83%                 | No            | 2                  | On Loan: No      |
| Angola (Republic of)                                                                             | ANGOL 9.244 01/15/31                 | CUSIP: 035198AH3<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |    126000 | PA      | $123125.68    | 0.04%             | 2031-01-15      | Fixed         | 9.24%                 | Yes           | 2                  | On Loan: No      |
| Costa Rica (Republic Of)                                                                         | COSTAR 6.55 04/03/34                 | CUSIP: 221597CR6<br>LEI: 549300S1EK2VN6XVJP58 | Long             | DBT              | NUSS              | CR        |     34000 | PA      | $36840.19     | 0.01%             | 2034-04-03      | Fixed         | 6.55%                 | Yes           | 2                  | On Loan: No      |
| United States Treasury Bonds                                                                     | T 3 5/8 05/15/53                     | CUSIP: 912810TR9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2610000 | PA      | $2175373.82   | 0.71%             | 2053-05-15      | Fixed         | 3.62%                 | No            | 2                  | On Loan: No      |
| Virgin Media                                                                                     | VMED TL N 1LD                        | CUSIP: G9368PBC7<br>LEI: 213800IQ982XX69LE276 | Long             | LON              | CORP              | US        |         0 | PA      | $0.00         | 0.00%             | 2028-01-04      | Variable      | 6.93%                 | No            | 2                  | On Loan: No      |
| Block Inc                                                                                        | XYZ 6 1/2 05/15/32                   | CUSIP: 852234AS2<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |    165000 | PA      | $171294.26    | 0.06%             | 2032-05-15      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| BBVA Mexico SA                                                                                   | BBVASM 5 1/8 01/18/33                | CUSIP: 05533UAF5<br>LEI: 549300WIWQK5Q9MCUN92 | Long             | DBT              | CORP              | MX        |         0 | PA      | $0.00         | 0.00%             | 2033-01-18      | Fixed         | 5.12%                 | Yes           | 2                  | On Loan: —       |
| Dominican Republic                                                                               | DOMREP 6.95 03/15/37                 | CUSIP: P3579ECW5<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |     67000 | PA      | $71599.55     | 0.02%             | 2037-03-15      | Fixed         | 6.95%                 | Yes           | 2                  | On Loan: No      |
| The Interpublic Group of Companies, Inc.                                                         | IPG 5 3/8 06/15/33                   | CUSIP: 460690BU3<br>LEI: 5493008IUOJ5VWTRC333 | Long             | DBT              | CORP              | US        |    410000 | PA      | $419041.31    | 0.14%             | 2033-06-15      | Fixed         | 5.38%                 | No            | 2                  | On Loan: No      |
| Northern Trust Corporation                                                                       | NTRS 3 3/8 05/08/32                  | CUSIP: 665859AS3<br>LEI: 549300GLF98S992BC502 | Long             | DBT              | CORP              | US        |    541000 | PA      | $531831.27    | 0.17%             | 2032-05-08      | Fixed         | 3.38%                 | No            | 2                  | On Loan: No      |
| Entergy Texas Inc                                                                                | ETR 5.8 09/01/53                     | CUSIP: 29365TAN4<br>LEI: LWXX58X12AJXISQ28573 | Long             | DBT              | CORP              | US        |    271000 | PA      | $276609.51    | 0.09%             | 2053-09-01      | Fixed         | 5.80%                 | No            | 2                  | On Loan: No      |
| Brookfield Asset Management Ltd                                                                  | BAMCN 5.795 04/24/35                 | CUSIP: 113004AA3<br>LEI: 549300CZ84WPNJZKY093 | Long             | DBT              | CORP              | CA        |    538000 | PA      | $562869.34    | 0.18%             | 2035-04-24      | Fixed         | 5.79%                 | No            | 2                  | On Loan: No      |
| Avis Budget Rental Car Funding AESOP LLC                                                         | AESOP 2024-2A D                      | CUSIP: 05377RKK9<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |    556000 | PA      | $565565.96    | 0.18%             | 2028-10-20      | Fixed         | 7.43%                 | Yes           | 2                  | On Loan: No      |
| HA Sustainable Infrastructure Capital Inc                                                        | HASI 6 3/8 07/01/34                  | CUSIP: 41068XAF7<br>LEI: 254900ZZRL7MWL1X8E92 | Long             | DBT              | CORP              | US        |    534000 | PA      | $539466.41    | 0.18%             | 2034-07-01      | Fixed         | 6.38%                 | No            | 2                  | On Loan: No      |
| Broadcom Inc                                                                                     | AVGO 5.15 11/15/31                   | CUSIP: 11135FBY6<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    209000 | PA      | $217174.99    | 0.07%             | 2031-11-15      | Fixed         | 5.15%                 | No            | 2                  | On Loan: No      |
| Towd Point Mortgage Trust 2016-1                                                                 | TPMT 2016-4 B1                       | CUSIP: 89172UAE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | GB        |    135000 | PA      | $131717.70    | 0.04%             | 2056-07-25      | Floating      | 3.97%                 | Yes           | 2                  | On Loan: No      |
| WOODWARD CAPITAL MANAGEMENT                                                                      | RCKT 2023-CES1 A1A                   | CUSIP: 74935WAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    366035 | PA      | $368023.31    | 0.12%             | 2043-06-25      | Floating      | 6.51%                 | Yes           | 2                  | On Loan: No      |
| JP MORGAN MORTGAGE TRUST 2025-NQM2                                                               | JPMMT 2025-NQM2 A1                   | CUSIP: 46590SAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    439689 | PA      | $443023.16    | 0.14%             | 2065-09-25      | Floating      | 5.57%                 | Yes           | 2                  | On Loan: No      |
| HILTON GR VACATIONS TR 2024-2                                                                    | HGVT 2024-2A A                       | CUSIP: 43283JAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    198776 | PA      | $203027.12    | 0.07%             | 2038-03-25      | Fixed         | 5.50%                 | Yes           | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD8494                            | CUSIP: 3132DWNK5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1081740 | PA      | $1093967.02   | 0.35%             | 2055-01-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| South Africa (Republic of)                                                                       | SOAF 5 7/8 06/22/30                  | CUSIP: 836205AY0<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    200000 | PA      | $207107.40    | 0.07%             | 2030-06-22      | Fixed         | 5.88%                 | No            | 2                  | On Loan: No      |
| PRET 2025-NPL1 LLC                                                                               | PRET 2025-NPL1 A1                    | CUSIP: 74143VAA2<br>LEI: 25490067FPEW3M3QY244 | Long             | ABS-O            | CORP              | US        |    378098 | PA      | $379601.30    | 0.12%             | 2055-02-25      | Floating      | 6.06%                 | Yes           | 2                  | On Loan: No      |
| N/A                                                                                              | DELMFD PIK-TERM 1L USD               | CUSIP: 24521WAK5<br>LEI: N/A                  | Long             | LON              | CORP              | N/A       |     27189 | PA      | $26271.84     | 0.01%             | 2026-04-02      | Variable      | 5.32%                 | No            | 2                  | On Loan: No      |
| Universal Health Services, Inc.                                                                  | UHS 2.65 01/15/32                    | CUSIP: 913903BA7<br>LEI: 549300YGMGQDO0NMJD09 | Long             | DBT              | CORP              | US        |    372000 | PA      | $326130.85    | 0.11%             | 2032-01-15      | Fixed         | 2.65%                 | No            | 2                  | On Loan: No      |
| Meritage Homes Corp                                                                              | MTH 3 7/8 04/15/29                   | CUSIP: 59001ABD3<br>LEI: 52990044W9UMFJO2FB97 | Long             | DBT              | CORP              | US        |    434000 | PA      | $424601.86    | 0.14%             | 2029-04-15      | Fixed         | 3.88%                 | Yes           | 2                  | On Loan: No      |
| Solstice Advanced Materials Inc.                                                                 | SOLADV 5 5/8 09/30/33                | CUSIP: 83443QAA1<br>LEI: 2138004GZ4H9TW6HK435 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20039.14     | 0.01%             | 2033-09-30      | Fixed         | 5.62%                 | Yes           | 2                  | On Loan: No      |
| Flutter Treasury Designated Activity Co.                                                         | FLTR 5 7/8 06/04/31                  | CUSIP: 344045AB5<br>LEI: 635400JE8VLL9UFVIC38 | Long             | DBT              | CORP              | IE        |    720000 | PA      | $729450.00    | 0.24%             | 2031-06-04      | Fixed         | 5.88%                 | Yes           | 2                  | On Loan: No      |
| Wells Fargo & Co.                                                                                | WFC 6.491 10/23/34                   | CUSIP: 95000U3H4<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    298000 | PA      | $330813.39    | 0.11%             | 2034-10-23      | Fixed         | 6.49%                 | No            | 2                  | On Loan: —       |
| OBX 2023-NQM9 TRUST                                                                              | OBX 2023-NQM9 A1                     | CUSIP: 673921AA0<br>LEI: 2549007JKD4UEFDCFB08 | Long             | ABS-O            | CORP              | US        |    530507 | PA      | $538671.83    | 0.17%             | 2063-10-25      | Floating      | 7.16%                 | Yes           | 2                  | On Loan: No      |
| PROGRESS RESIDENTIAL TST 2020-SFR3                                                               | PROG 2021-SFR3 D                     | CUSIP: 74333VAG9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    265000 | PA      | $262308.21    | 0.09%             | 2026-05-17      | Fixed         | 2.29%                 | Yes           | 2                  | On Loan: No      |
| CITIGROUP MTG LN TR 2019-RP1                                                                     | CMLTI 2019-RP1 A1                    | CUSIP: 17327RAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    451357 | PA      | $443485.86    | 0.14%             | 2066-01-25      | Floating      | 3.50%                 | Yes           | 2                  | On Loan: No      |
| United States Treasury Notes                                                                     | T 3 7/8 07/31/30                     | CUSIP: 91282CNN7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1380000 | PA      | $1389864.85   | 0.45%             | 2030-07-31      | Fixed         | 3.88%                 | No            | 2                  | On Loan: No      |
| Aqua Finance Trust 2019-A                                                                        | AQFIT 2019-A A                       | CUSIP: 038370AA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     30579 | PA      | $29830.58     | 0.01%             | 2040-07-16      | Fixed         | 3.14%                 | Yes           | 2                  | On Loan: No      |
| WELLS FARGO MTG SEC 2020-4                                                                       | WFMBS 2020-4 A1                      | CUSIP: 95002VAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    135894 | PA      | $119008.64    | 0.04%             | 2050-07-25      | Floating      | 3.00%                 | Yes           | 2                  | On Loan: No      |
| Broadcom Inc                                                                                     | AVGO 3.137 11/15/35                  | CUSIP: 11135FBP5<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    575000 | PA      | $497994.92    | 0.16%             | 2035-11-15      | Fixed         | 3.14%                 | Yes           | 2                  | On Loan: No      |
| Global Atlantic Finance Co.                                                                      | GBLATL 7.95 10/15/54                 | CUSIP: 37959GAG2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    105000 | PA      | $109949.60    | 0.04%             | 2054-10-15      | Fixed         | 7.95%                 | Yes           | 2                  | On Loan: No      |
| Guatemala (Republic of)                                                                          | GUATEM 6.6 06/13/36                  | CUSIP: 401494AW9<br>LEI: 529900QKDFFU9UWW5315 | Long             | DBT              | NUSS              | GT        |     71000 | PA      | $76643.79     | 0.02%             | 2036-06-13      | Fixed         | 6.60%                 | Yes           | 2                  | On Loan: No      |
| VERUS SECURITIZATION TRUST 2023-1                                                                | VERUS 2023-1 A1                      | CUSIP: 92539BAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1176398 | PA      | $1175480.28   | 0.38%             | 2067-12-25      | Floating      | 5.85%                 | Yes           | 2                  | On Loan: No      |
| Nippon Life Insurance Co.                                                                        | NIPLIF 6 1/4 09/13/53                | CUSIP: 654579AM3<br>LEI: 549300Y0HHMFW3EVWY08 | Long             | DBT              | CORP              | JP        |    350000 | PA      | $373036.11    | 0.12%             | 2053-09-13      | Fixed         | 6.25%                 | Yes           | 2                  | On Loan: No      |
| Williams Companies Inc. (The)                                                                    | WMB 5.15 03/15/34                    | CUSIP: 88339WAC0<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |    521000 | PA      | $529006.66    | 0.17%             | 2034-03-15      | Fixed         | 5.15%                 | No            | 2                  | On Loan: No      |
| Citigroup Inc.                                                                                   | C 6.174 05/25/34                     | CUSIP: 17327CAR4<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    239000 | PA      | $254061.73    | 0.08%             | 2034-05-25      | Fixed         | 6.17%                 | No            | 2                  | On Loan: No      |
| United States Treasury Bonds                                                                     | T 1 1/4 05/15/50                     | CUSIP: 912810SN9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2405000 | PA      | $1194702.53   | 0.39%             | 2050-05-15      | Fixed         | 1.25%                 | No            | 2                  | On Loan: No      |
| CRH America Finance, Inc.                                                                        | CRHID 5.4 05/21/34                   | CUSIP: 12636YAE2<br>LEI: 549300WEVUODRJ4CWK56 | Long             | DBT              | CORP              | US        |    584000 | PA      | $605745.71    | 0.20%             | 2034-05-21      | Fixed         | 5.40%                 | No            | 2                  | On Loan: No      |
| Deutsche Bank AG New York Branch                                                                 | DB 5.403 09/11/35                    | CUSIP: 251526CY3<br>LEI: N/A                  | Long             | DBT              | CORP              | DE        |    594000 | PA      | $604835.82    | 0.20%             | 2035-09-11      | Fixed         | 5.40%                 | No            | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SL0627                            | CUSIP: 31427MVV0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1372711 | PA      | $1407937.44   | 0.46%             | 2054-10-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                                                            | FN 938574                            | CUSIP: 31412YFP2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     43150 | PA      | $44854.55     | 0.01%             | 2036-09-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Harbor Freight                                                                                   | HARFRE TL B 1L USD                   | CUSIP: 41151PAR6<br>LEI: 549300Y48HLCFTTB4249 | Long             | LON              | CORP              | US        |     93453 | PA      | $92360.09     | 0.03%             | 2031-06-05      | Variable      | 6.58%                 | No            | 2                  | On Loan: No      |
| New Residential Mortgage Loan Trust 2018 1                                                       | NRZT 2018-1A A1A                     | CUSIP: 64830GAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    352361 | PA      | $345069.22    | 0.11%             | 2057-12-25      | Floating      | 4.00%                 | Yes           | 2                  | On Loan: No      |
| United States Treasury Bonds                                                                     | T 4 1/4 08/15/54                     | CUSIP: 912810UC0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    365000 | PA      | $340191.41    | 0.11%             | 2054-08-15      | Fixed         | 4.25%                 | No            | 2                  | On Loan: No      |
| HA Sustainable Infrastructure Capital Inc                                                        | HASI 6 3/4 07/15/35                  | CUSIP: 40408AAB7<br>LEI: 254900ZZRL7MWL1X8E92 | Long             | DBT              | CORP              | US        |    165000 | PA      | $169163.02    | 0.05%             | 2035-07-15      | Fixed         | 6.75%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS6679                            | CUSIP: 3140XNM50<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    486892 | PA      | $499459.57    | 0.16%             | 2053-12-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Iron Mountain Inc.                                                                               | IRM 6 1/4 01/15/33                   | CUSIP: 46284VAQ4<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |    310000 | PA      | $317315.07    | 0.10%             | 2033-01-15      | Fixed         | 6.25%                 | Yes           | 2                  | On Loan: No      |
| Western Midstream Operating  LP                                                                  | WES 5 1/4 02/01/50                   | CUSIP: 958667AA5<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |    787000 | PA      | $679042.56    | 0.22%             | 2050-02-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| NYMT LOAN TRUST 2024-CP1                                                                         | NYMT 2024-CP1 A1                     | CUSIP: 67118PAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    357638 | PA      | $334527.71    | 0.11%             | 2068-02-25      | Fixed         | 3.75%                 | Yes           | 2                  | On Loan: No      |
| Flutter Entertainment                                                                            | FLTR TL B 1L USD                     | CUSIP: N3313EAG5<br>LEI: 635400VFWPBIKJK6GN11 | Long             | LON              | CORP              | US        |    191588 | PA      | $191060.63    | 0.06%             | 2030-11-29      | Variable      | 6.05%                 | No            | 2                  | On Loan: No      |
| American Credit Acceptance Receivables Trust 2014/1                                              | ACAR 2025-1 C                        | CUSIP: 02528DAE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    595000 | PA      | $599224.32    | 0.19%             | 2031-08-12      | Fixed         | 5.09%                 | Yes           | 2                  | On Loan: No      |
| United States Treasury Bonds                                                                     | T 3 5/8 02/15/53                     | CUSIP: 912810TN8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1950000 | PA      | $1626917.00   | 0.53%             | 2053-02-15      | Fixed         | 3.62%                 | No            | 2                  | On Loan: No      |
| American Airlines                                                                                | AAL TL B 1L USD                      | CUSIP: 02376CBS3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    159200 | PA      | $159562.18    | 0.05%             | 2028-04-20      | Variable      | 6.58%                 | No            | 2                  | On Loan: No      |
| BBCMS Mortgage Trust 2020-C6                                                                     | BBCMS 2018-TALL A                    | CUSIP: 05548WAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    520000 | PA      | $491027.06    | 0.16%             | 2037-03-15      | Floating      | 4.95%                 | Yes           | 2                  | On Loan: No      |
| Metlife Securitization Trust 2019-1                                                              | MST 2019-1A A1A                      | CUSIP: 59166EAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     15702 | PA      | $15519.54     | 0.01%             | 2058-04-25      | Floating      | 3.75%                 | Yes           | 2                  | On Loan: No      |
| JERSEY MIKE'S FUNDING LLC                                                                        | JMIKE 2024-1A A2                     | CUSIP: 476681AD3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    422875 | PA      | $429869.61    | 0.14%             | 2055-02-15      | Fixed         | 5.64%                 | Yes           | 2                  | On Loan: No      |
| PURCHASING FDG LLC 2024-A                                                                        | PPWR 2024-A B                        | CUSIP: 745935AB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    480000 | PA      | $483530.74    | 0.16%             | 2028-08-15      | Fixed         | 6.43%                 | Yes           | 2                  | On Loan: No      |
| EOG Resources Inc.                                                                               | EOG 5.35 01/15/36                    | CUSIP: 26875PAZ4<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | DBT              | CORP              | US        |    145000 | PA      | $149244.57    | 0.05%             | 2036-01-15      | Fixed         | 5.35%                 | No            | 2                  | On Loan: No      |
| KeySpan Gas East Corporation                                                                     | NGGLN 5.994 03/06/33                 | CUSIP: 49338CAD5<br>LEI: K8TS3HOE1568DUBUJL44 | Long             | DBT              | CORP              | US        |    381000 | PA      | $403957.84    | 0.13%             | 2033-03-06      | Fixed         | 5.99%                 | Yes           | 2                  | On Loan: No      |
| Panama (Republic of)                                                                             | PANAMA 8 03/01/38                    | CUSIP: 698299BY9<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    107000 | PA      | $124692.45    | 0.04%             | 2038-03-01      | Fixed         | 8.00%                 | No            | 2                  | On Loan: No      |
| Truist Insurance Holdings                                                                        | TIHLLC TL B 1L USD                   | CUSIP: 89788VAG7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    250000 | PA      | $250158.75    | 0.08%             | 2031-05-06      | Variable      | 6.75%                 | No            | 2                  | On Loan: No      |
| PRKCM TRUST 2022-AFC1                                                                            | PRKCM 2022-AFC1 A1A                  | CUSIP: 69377CAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1288000 | PA      | $1283681.78   | 0.42%             | 2057-04-25      | Floating      | 4.10%                 | Yes           | 2                  | On Loan: No      |
| GIP Pilot Acquisition Partners                                                                   | GIPPAP TL B 1L USD                   | CUSIP: 31773HAE2<br>LEI: 254900NQOAOPPA12X060 | Long             | LON              | CORP              | US        |    259291 | PA      | $259776.87    | 0.08%             | 2030-10-04      | Variable      | 6.28%                 | No            | 2                  | On Loan: No      |
| Peru (Republic Of)                                                                               | PERU 5 3/8 02/08/35                  | CUSIP: 715638EB4<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    192000 | PA      | $197569.92    | 0.06%             | 2035-02-08      | Fixed         | 5.38%                 | No            | 2                  | On Loan: —       |
| Bayport Polymers LLC                                                                             | BRLS 5.14 04/14/32                   | CUSIP: 073096AC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    354000 | PA      | $347188.88    | 0.11%             | 2032-04-14      | Fixed         | 5.14%                 | Yes           | 2                  | On Loan: No      |
| Towd Point Mortgage Trust                                                                        | TPMT 2019-HY2 M1                     | CUSIP: 89177HAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    265000 | PA      | $265825.21    | 0.09%             | 2058-05-25      | Floating      | 5.71%                 | Yes           | 2                  | On Loan: No      |
| South Bow USA Infrastructure Holdings LLC                                                        | SOBOCN 5.584 10/01/34                | CUSIP: 83007CAF9<br>LEI: 254900Z1WAY7QFQ7O850 | Long             | DBT              | CORP              | US        |     95000 | PA      | $95365.69     | 0.03%             | 2034-10-01      | Fixed         | 5.58%                 | No            | 2                  | On Loan: No      |
| Fifth Third Bancorp                                                                              | FITB 4.337 04/25/33                  | CUSIP: 316773DF4<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | DBT              | CORP              | US        |    692000 | PA      | $674439.34    | 0.22%             | 2033-04-25      | Fixed         | 4.34%                 | No            | 2                  | On Loan: No      |
| United States Treasury Notes                                                                     | T 4 1/4 05/15/35                     | CUSIP: 91282CNC1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5045000 | PA      | $5111215.63   | 1.66%             | 2035-05-15      | Fixed         | 4.25%                 | No            | 2                  | On Loan: No      |
| Poland (Republic of)                                                                             | POLAND 5 1/8 09/18/34                | CUSIP: 731011AY8<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |     82000 | PA      | $84384.22     | 0.03%             | 2034-09-18      | Fixed         | 5.12%                 | No            | 2                  | On Loan: No      |
| Bunker Hill Loan Depositary Trust 2019-3                                                         | BHLD 2019-2 A1                       | CUSIP: 12061RAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    102525 | PA      | $100635.24    | 0.03%             | 2049-07-25      | Floating      | 2.88%                 | Yes           | 2                  | On Loan: No      |
| Oracle Corp.                                                                                     | ORCL 3.85 04/01/60                   | CUSIP: 68389XBY0<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |     75000 | PA      | $49605.34     | 0.02%             | 2060-04-01      | Fixed         | 3.85%                 | No            | 2                  | On Loan: No      |
| Colombia (Republic Of)                                                                           | COLOM 8 11/14/35                     | CUSIP: 195325EL5<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |     91000 | PA      | $99417.50     | 0.03%             | 2035-11-14      | Fixed         | 8.00%                 | No            | 2                  | On Loan: No      |
| FONTAINEBLEAU MIAMI BEACH 2024                                                                   | FMBT 2024-FBLU A                     | CUSIP: 34461WAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    320000 | PA      | $320818.43    | 0.10%             | 2039-12-15      | Floating      | 5.48%                 | Yes           | 2                  | On Loan: No      |
| Prudential Financial, Inc.                                                                       | PRU 6 1/2 03/15/54                   | CUSIP: 744320BP6<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |    330000 | PA      | $351809.70    | 0.11%             | 2054-03-15      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Newell Brands Inc.                                                                               | NWL 6 3/8 09/15/27                   | CUSIP: 651229BC9<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |    225000 | PA      | $225106.63    | 0.07%             | 2027-09-15      | Fixed         | 6.38%                 | No            | 2                  | On Loan: No      |
| Starwood Mortgage Residential Trust 2022-2                                                       | STAR 2021-5 A2                       | CUSIP: 85573QAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    688612 | PA      | $607552.29    | 0.20%             | 2066-09-25      | Floating      | 2.18%                 | Yes           | 2                  | On Loan: No      |
| Alimentation Couche-Tard Inc.                                                                    | ATDBCN 5.077 09/29/35                | CUSIP: 01626PAX4<br>LEI: 549300OSW32RVX8CCZ87 | Long             | DBT              | CORP              | CA        |    775000 | PA      | $777496.12    | 0.25%             | 2035-09-29      | Fixed         | 5.08%                 | Yes           | 2                  | On Loan: No      |
| JSC National Company KazMunayGas                                                                 | KZOKZ 5 3/4 04/19/47                 | CUSIP: 48667QAP0<br>LEI: 2138001H1M69RFJCSH88 | Long             | DBT              | CORP              | KZ        |     87000 | PA      | $82471.77     | 0.03%             | 2047-04-19      | Fixed         | 5.75%                 | Yes           | 2                  | On Loan: No      |
| Ingersoll Rand Inc                                                                               | IR 5.45 06/15/34                     | CUSIP: 45687VAF3<br>LEI: 5299004C02FMZCUOIR50 | Long             | DBT              | CORP              | US        |    550000 | PA      | $572893.15    | 0.19%             | 2034-06-15      | Fixed         | 5.45%                 | No            | 2                  | On Loan: No      |
| Occidental Petroleum Corp.                                                                       | OXY 5.55 10/01/34                    | CUSIP: 674599EL5<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    375000 | PA      | $380762.94    | 0.12%             | 2034-10-01      | Fixed         | 5.55%                 | No            | 2                  | On Loan: —       |
| Romania (Republic Of)                                                                            | ROMANI 5 7/8 01/30/29                | CUSIP: 77586RAT7<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |    206000 | PA      | $212302.76    | 0.07%             | 2029-01-30      | Fixed         | 5.88%                 | Yes           | 2                  | On Loan: No      |
| ELARA HGV TIMESHARE ISSUER 2023-A L                                                              | EHGVT 2023-A A                       | CUSIP: 28415AAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    163898 | PA      | $169490.34    | 0.05%             | 2038-02-25      | Fixed         | 6.16%                 | Yes           | 2                  | On Loan: No      |
| North American Bancard                                                                           | TL B 1L USD                          | CUSIP: 66345FAB7<br>LEI: 549300G4QOYNTNBXSH82 | Long             | LON              | CORP              | US        |    205337 | PA      | $201157.41    | 0.07%             | 2028-11-24      | Variable      | 6.80%                 | No            | 2                  | On Loan: No      |
| VEROS AUTO RECEIVABLES TRUST 2025-1                                                              | VEROS 2025-1 B                       | CUSIP: 92511BAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    590000 | PA      | $593357.63    | 0.19%             | 2029-07-16      | Fixed         | 5.54%                 | Yes           | 2                  | On Loan: No      |
| CHS/Community Health Systems Inc                                                                 | CYH 5 1/4 05/15/30                   | CUSIP: 12543DBM1<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    500000 | PA      | $469138.70    | 0.15%             | 2030-05-15      | Fixed         | 5.25%                 | Yes           | 2                  | On Loan: No      |
| Ajax Mortgage Loan Trust 2019-D                                                                  | AJAXM 2019-D A1                      | CUSIP: 00968FAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     55017 | PA      | $53272.19     | 0.02%             | 2065-09-25      | Floating      | 2.96%                 | Yes           | 2                  | On Loan: No      |
| Poland (Republic of)                                                                             | POLAND 4 7/8 10/04/33                | CUSIP: 731011AV4<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |    210000 | PA      | $213803.42    | 0.07%             | 2033-10-04      | Fixed         | 4.88%                 | No            | 2                  | On Loan: No      |
| United States Treasury Notes                                                                     | T 4 3/8 08/15/26                     | CUSIP: 91282CHU8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    775000 | PA      | $778596.50    | 0.25%             | 2026-08-15      | Fixed         | 4.38%                 | No            | 2                  | On Loan: No      |
| Nigeria (Federal Republic of)                                                                    | NGERIA 10 3/8 12/09/34               | CUSIP: 65412AFD9<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |    254000 | PA      | $286354.27    | 0.09%             | 2034-12-09      | Fixed         | 10.38%                | Yes           | 2                  | On Loan: No      |
| Beach Acquisition Bidco LLC                                                                      | SKX TL B 1L USD                      | CUSIP: 07337FAB1<br>LEI: 254900F2FNX3GBTB6202 | Long             | LON              | CORP              | US        |     70000 | PA      | $70466.55     | 0.02%             | 2032-06-28      | Variable      | 7.31%                 | No            | 2                  | On Loan: No      |
| CARMAX SELECT RECIEVABLES TRUST 202                                                              | CMXS 2025-B C                        | CUSIP: 14320BAE9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    705000 | PA      | $704116.99    | 0.23%             | 2031-06-16      | Fixed         | 4.83%                 | No            | 2                  | On Loan: No      |
| CSMC 2020-RPL4                                                                                   | CSMC 2020-RPL4 A1                    | CUSIP: 126405AA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    374599 | PA      | $340512.09    | 0.11%             | 2060-01-25      | Fixed         | 2.00%                 | Yes           | 2                  | On Loan: No      |
| Meta Platforms Inc                                                                               | META 5 3/4 11/15/65                  | CUSIP: 30303M8Y1<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    945000 | PA      | $937387.21    | 0.30%             | 2065-11-15      | Fixed         | 5.75%                 | No            | 2                  | On Loan: No      |
| Philippines (Republic Of)                                                                        | PHILIP 4 3/4 03/05/35                | CUSIP: 718286DC8<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |    346000 | PA      | $349106.34    | 0.11%             | 2035-03-05      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| BP Capital Markets PLC                                                                           | BPLN 4 7/8 PERP                      | CUSIP: 05565QDV7<br>LEI: 549300CRVT18MXX0AG93 | Long             | DBT              | CORP              | GB        |    625000 | PA      | $625617.00    | 0.20%             | 2100-12-22      | Fixed         | 4.88%                 | No            | 2                  | On Loan: No      |
| PT Pertamina (Persero)                                                                           | PERTIJ 6.45 05/30/44                 | CUSIP: 69370PAA9<br>LEI: 254900NDAKGNZ2IBBL45 | Long             | DBT              | CORP              | ID        |    275000 | PA      | $298386.82    | 0.10%             | 2044-05-30      | Fixed         | 6.45%                 | Yes           | 2                  | On Loan: No      |
| United States Treasury Notes                                                                     | T 4 5/8 02/15/35                     | CUSIP: 91282CMM0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   6300000 | PA      | $6569226.59   | 2.13%             | 2035-02-15      | Fixed         | 4.62%                 | No            | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD8350                            | CUSIP: 3132DWH30<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    501460 | PA      | $514225.92    | 0.17%             | 2053-08-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| EPIC Crude Services                                                                              | EPICRU TL B 1L USD                   | CUSIP: 29428XAJ9<br>LEI: 549300FRS682IQ7J9S42 | Long             | LON              | CORP              | US        |    176858 | PA      | $177916.83    | 0.06%             | 2031-10-15      | Variable      | 6.82%                 | No            | 2                  | On Loan: No      |
| The Charles Schwab Corporation                                                                   | SCHW 4 PERP                          | CUSIP: 808513BJ3<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |    467000 | PA      | $438430.71    | 0.14%             | 2069-03-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| N/A                                                                                              | DELMFD PIK-TERM 1L USD               | CUSIP: 24521WAK5<br>LEI: N/A                  | Long             | LON              | CORP              | N/A       |     23409 | PA      | $19253.58     | 0.01%             | 2026-04-02      | Variable      | 4.35%                 | No            | 2                  | On Loan: No      |
| AerCap Ireland Capital Designated Activity Co. / AerCap Global Aviation Trust (AER)              | AER 3.3 01/30/32                     | CUSIP: 00774MAX3<br>LEI: 549300TI38531ODB1G63 | Long             | DBT              | CORP              | IE        |    244000 | PA      | $225171.09    | 0.07%             | 2032-01-30      | Fixed         | 3.30%                 | No            | 2                  | On Loan: No      |
| Block Inc                                                                                        | XYZ 6 08/15/33                       | CUSIP: 852234AU7<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |     90000 | PA      | $92096.82     | 0.03%             | 2033-08-15      | Fixed         | 6.00%                 | Yes           | 2                  | On Loan: No      |
| Arroyo Mortgage Trust 2018-2                                                                     | ARRW 2019-1 A1                       | CUSIP: 042859AA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    232096 | PA      | $226606.26    | 0.07%             | 2049-01-25      | Floating      | 3.80%                 | Yes           | 2                  | On Loan: No      |
| Exeter Automobile Receivables Trust 2013-2                                                       | EART 2025-4A B                       | CUSIP: 30167KAD3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    700000 | PA      | $701104.25    | 0.23%             | 2030-05-15      | Fixed         | 4.40%                 | No            | 2                  | On Loan: No      |
| HCA Inc.                                                                                         | HCA 5 1/2 06/01/33                   | CUSIP: 404119CQ0<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    193000 | PA      | $201260.39    | 0.07%             | 2033-06-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| OBX 2022-NQM1 TRUST                                                                              | OBX 2022-NQM1 A1                     | CUSIP: 67114VAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    197602 | PA      | $179220.48    | 0.06%             | 2061-11-25      | Floating      | 2.31%                 | Yes           | 2                  | On Loan: No      |
| WOODWARD CAPITAL MANAGEMENT                                                                      | RCKT 2023-CES2 A1A                   | CUSIP: 748956AA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    542266 | PA      | $547970.55    | 0.18%             | 2043-09-25      | Floating      | 6.81%                 | Yes           | 2                  | On Loan: No      |
| MVW 2020-1 LLC                                                                                   | MVWOT 2020-1A A                      | CUSIP: 55400EAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     23085 | PA      | $22608.94     | 0.01%             | 2037-10-20      | Fixed         | 1.74%                 | Yes           | 2                  | On Loan: No      |
| Ashtead Capital Inc.                                                                             | AHTLN 5.8 04/15/34                   | CUSIP: 045054AS2<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | US        |    110000 | PA      | $115333.47    | 0.04%             | 2034-04-15      | Fixed         | 5.80%                 | Yes           | 2                  | On Loan: No      |
| Australia & New Zealand Banking Group Ltd.                                                       | ANZ 5.816 06/18/36                   | CUSIP: 052528AV8<br>LEI: JHE42UYNWWTJB8YTTU19 | Long             | DBT              | CORP              | AU        |    694000 | PA      | $722712.45    | 0.23%             | 2036-06-18      | Fixed         | 5.82%                 | Yes           | 2                  | On Loan: No      |
| ENEL Finance International N.V.                                                                  | ENELIM 5 1/2 06/26/34                | CUSIP: 29278GBE7<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |    195000 | PA      | $202612.61    | 0.07%             | 2034-06-26      | Fixed         | 5.50%                 | Yes           | 2                  | On Loan: No      |
| POWERPAY ISSUANCE TRUST 2024-1                                                                   | PWRP 2024-1A A                       | CUSIP: 73934RAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    198348 | PA      | $204448.25    | 0.07%             | 2039-02-18      | Fixed         | 6.53%                 | Yes           | 2                  | On Loan: No      |
| Nexstar Broadcasting                                                                             | NXST TL B 1L USD                     | CUSIP: 65336RBB3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    384038 | PA      | $384847.82    | 0.12%             | 2032-06-24      | Variable      | 6.81%                 | No            | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD8409                            | CUSIP: 3132DWKW2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1126674 | PA      | $1154069.01   | 0.37%             | 2054-03-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Windsor Holdings III LLC                                                                         | UNVR 8 1/2 06/15/30                  | CUSIP: 97360AAA5<br>LEI: 254900IXUJZ9H146T437 | Long             | DBT              | CORP              | US        |    130000 | PA      | $137389.98    | 0.04%             | 2030-06-15      | Fixed         | 8.50%                 | Yes           | 2                  | On Loan: No      |
| MERCHANTS FLEET FUNDING LLC                                                                      | MFF 2023-1A A                        | CUSIP: 588926AA3<br>LEI: 254900Z2OOQUA5IN2X83 | Long             | ABS-O            | CORP              | US        |    120168 | PA      | $120820.53    | 0.04%             | 2036-05-20      | Fixed         | 7.21%                 | Yes           | 2                  | On Loan: No      |
| CITIGROUP MORTGAGE LOAN TRUST 2025-INV1                                                          | CMLTI 2025-INV1 A2                   | CUSIP: 17332GAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    345587 | PA      | $350824.40    | 0.11%             | 2055-01-25      | Floating      | 6.00%                 | Yes           | 2                  | On Loan: No      |
| Corevest American Finance Trust                                                                  | CAFL 2019-3 C                        | CUSIP: 21872NAJ9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $94502.84     | 0.03%             | 2052-10-15      | Fixed         | 3.27%                 | Yes           | 2                  | On Loan: No      |
| WESTLAKE AUTOMOBLE RECV 2024-2                                                                   | WLAKE 2024-2A B                      | CUSIP: 96042YAE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    515000 | PA      | $520191.41    | 0.17%             | 2030-03-15      | Fixed         | 5.62%                 | Yes           | 2                  | On Loan: No      |
| South Bow Canadian Infrastructure Holdings Ltd.                                                  | SOBOCN 7 1/2 03/01/55                | CUSIP: 836720AJ1<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    110000 | PA      | $117778.43    | 0.04%             | 2055-03-01      | Fixed         | 7.50%                 | No            | 2                  | On Loan: No      |
| Angel Oak Mortgage Trust                                                                         | AOMT 2020-R1 A2                      | CUSIP: 034651AB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     44710 | PA      | $42586.11     | 0.01%             | 2053-04-25      | Floating      | 1.25%                 | Yes           | 2                  | On Loan: No      |
| TOWD POINT MORTGAGE TRUST 2025-CES4                                                              | TPMT 2025-CES4 A1A                   | CUSIP: 89170UAA8<br>LEI: 254900V1XGR6BSB30T32 | Long             | ABS-O            | CORP              | US        |    450000 | PA      | $451002.15    | 0.15%             | 2065-10-25      | Floating      | 5.09%                 | Yes           | 2                  | On Loan: No      |
| United Arab Emirates (Federal Government of)                                                     | UAE 4.05 07/07/32                    | CUSIP: 31424EAD4<br>LEI: 98450060C643D82DF808 | Long             | DBT              | NUSS              | AE        |    173000 | PA      | $174685.24    | 0.06%             | 2032-07-07      | Fixed         | 4.05%                 | Yes           | 2                  | On Loan: No      |
| MFA 2024-NQM2 TRUST                                                                              | MFRA 2024-NQM2 A1                    | CUSIP: 58004JAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    988274 | PA      | $989215.90    | 0.32%             | 2069-08-25      | Floating      | 5.27%                 | Yes           | 2                  | On Loan: No      |
| Metlife Securitization Trust 2019-1                                                              | MST 2017-1A M1                       | CUSIP: 59166BAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $91726.84     | 0.03%             | 2055-04-25      | Floating      | 3.41%                 | Yes           | 2                  | On Loan: No      |
| Drawbridge Special Opportunities Fund LP/ Drawbridge Special Opportunities Finance Corporation   | DRAWBR 5.95 09/17/30                 | CUSIP: 26150TAF6<br>LEI: OTW7FAILU3FWEXAKRN53 | Long             | DBT              | CORP              | US        |    495000 | PA      | $479668.64    | 0.16%             | 2030-09-17      | Fixed         | 5.95%                 | Yes           | 2                  | On Loan: No      |
| Citigroup Inc.                                                                                   | C 5.174 09/11/36                     | CUSIP: 172967QH7<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    583000 | PA      | $590178.36    | 0.19%             | 2036-09-11      | Fixed         | 5.17%                 | No            | 2                  | On Loan: No      |
| Entergy Corporation                                                                              | ETR 7 1/8 12/01/54                   | CUSIP: 29364GAQ6<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | DBT              | CORP              | US        |    444000 | PA      | $467991.98    | 0.15%             | 2054-12-01      | Fixed         | 7.12%                 | No            | 2                  | On Loan: No      |
| New York State Electric & Gas Corporation                                                        | AGR 5.85 08/15/33                    | CUSIP: 649840CV5<br>LEI: 549300GEC6J0YHUXA160 | Long             | DBT              | CORP              | US        |    397000 | PA      | $423122.24    | 0.14%             | 2033-08-15      | Fixed         | 5.85%                 | Yes           | 2                  | On Loan: No      |
| Atlas Air                                                                                        | AAWW TL B 1L USD                     | CUSIP: 75223LAD8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    259347 | PA      | $255024.72    | 0.08%             | 2030-03-18      | Variable      | 7.30%                 | No            | 2                  | On Loan: No      |
| Sonoco Products Company                                                                          | SON 5 09/01/34                       | CUSIP: 835495AS1<br>LEI: GKOMIK4RDJGHEF0VNP11 | Long             | DBT              | CORP              | US        |    645000 | PA      | $636845.50    | 0.21%             | 2034-09-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: —       |
| Minimax Viking                                                                                   | MINVIK TL B 1L USD                   | CUSIP: 55404TAF9<br>LEI: 549300Z5C6IXF1KV0Z78 | Long             | LON              | CORP              | US        |    174562 | PA      | $175435.31    | 0.06%             | 2032-02-19      | Variable      | 6.58%                 | No            | 2                  | On Loan: No      |
| Amgen Inc.                                                                                       | AMGN 5.65 03/02/53                   | CUSIP: 031162DT4<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    711000 | PA      | $709548.15    | 0.23%             | 2053-03-02      | Fixed         | 5.65%                 | No            | 2                  | On Loan: No      |
| Imperial Brands Finance Plc                                                                      | IMBLN 5 7/8 07/01/34                 | CUSIP: 45262BAH6<br>LEI: 2138008L3B3MCG1DFS50 | Long             | DBT              | CORP              | GB        |    485000 | PA      | $505472.86    | 0.16%             | 2034-07-01      | Fixed         | 5.88%                 | Yes           | 2                  | On Loan: No      |
| Indonesia (Republic of)                                                                          | INDON 5.1 02/10/54                   | CUSIP: 455780DV5<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |    304000 | PA      | $295597.83    | 0.10%             | 2054-02-10      | Fixed         | 5.10%                 | No            | 2                  | On Loan: —       |
| EFMT 2025-NQM2                                                                                   | EFMT 2025-NQM2 A1                    | CUSIP: 281917AC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    734064 | PA      | $740119.05    | 0.24%             | 2070-06-25      | Floating      | 5.60%                 | Yes           | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD8492                            | CUSIP: 3132DWNH2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   5890972 | PA      | $5866921.60   | 1.90%             | 2055-01-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Apollo Global Management Inc                                                                     | APO 6 12/15/54                       | CUSIP: 03769MAD8<br>LEI: 254900LMFT1CY9IYB476 | Long             | DBT              | CORP              | US        |    547000 | PA      | $544374.78    | 0.18%             | 2054-12-15      | Fixed         | 6.00%                 | No            | 2                  | On Loan: —       |
| COMMERCIAL EQUIPMENT FINANCE 2025-1 LLC                                                          | CEFI 2025-1A A                       | CUSIP: 20166TAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    670000 | PA      | $670000.00    | 0.22%             | 2031-05-15      | Fixed         | 4.83%                 | Yes           | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | COOPR 2025-CES2 A1A                  | CUSIP: 12674UAA1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGA              | US        |    606660 | PA      | $612147.19    | 0.20%             | 2060-06-25      | Floating      | 5.50%                 | Yes           | 2                  | On Loan: No      |
| NatWest Group PLC                                                                                | NWG 6.475 06/01/34                   | CUSIP: 639057AP3<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    626000 | PA      | $656526.00    | 0.21%             | 2034-06-01      | Fixed         | 6.47%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS7751                            | CUSIP: 3140XPTH2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2117408 | PA      | $2014895.71   | 0.65%             | 2053-03-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| TSC Spv Funding LLC                                                                              | TROP 2024-1A A2                      | CUSIP: 898912AA8<br>LEI: 21380072ODEONQKNZ348 | Long             | ABS-O            | CORP              | US        |    446625 | PA      | $453052.74    | 0.15%             | 2054-08-20      | Fixed         | 6.29%                 | Yes           | 2                  | On Loan: No      |
| CENT TRUST 2025-CITY                                                                             | CENT 2025-CITY A                     | CUSIP: 12517TAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    665000 | PA      | $673883.74    | 0.22%             | 2040-07-10      | Floating      | 4.92%                 | Yes           | 2                  | On Loan: No      |
| Colombia (Republic Of)                                                                           | COLOM 7 3/8 04/25/30                 | CUSIP: 195325ER2<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |     92000 | PA      | $98693.00     | 0.03%             | 2030-04-25      | Fixed         | 7.38%                 | No            | 2                  | On Loan: No      |
| Molina Healthcare, Inc.                                                                          | MOH 6 1/4 01/15/33                   | CUSIP: 60855RAM2<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |    115000 | PA      | $115819.38    | 0.04%             | 2033-01-15      | Fixed         | 6.25%                 | Yes           | 2                  | On Loan: No      |
| ROCK TR 2024-CNTR                                                                                | ROCC 2024-CNTR C                     | CUSIP: 74970WAE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    450000 | PA      | $468338.85    | 0.15%             | 2041-11-13      | Fixed         | 6.47%                 | Yes           | 2                  | On Loan: No      |
| BX Trust 2018-Bilt                                                                               | BX 2019-OC11 B                       | CUSIP: 05606FAG8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    805000 | PA      | $768462.34    | 0.25%             | 2041-12-09      | Fixed         | 3.60%                 | Yes           | 2                  | On Loan: No      |
| Nippon Life Insurance Co.                                                                        | NIPLIF 6 1/2 04/30/55                | CUSIP: 654579AP6<br>LEI: 549300Y0HHMFW3EVWY08 | Long             | DBT              | CORP              | JP        |    246000 | PA      | $266793.89    | 0.09%             | 2055-04-30      | Fixed         | 6.50%                 | Yes           | 2                  | On Loan: No      |
| Ashton Woods (USA) LLC/Ashton Woods Finance Co.                                                  | ASHWOO 4 5/8 04/01/30                | CUSIP: 045086AP0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    265000 | PA      | $250045.31    | 0.08%             | 2030-04-01      | Fixed         | 4.62%                 | Yes           | 2                  | On Loan: No      |
| JERSEY MIKE'S FUNDING LLC                                                                        | JMIKE 2019-1A A2                     | CUSIP: 476681AA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    128050 | PA      | $127719.07    | 0.04%             | 2050-02-15      | Fixed         | 4.43%                 | Yes           | 2                  | On Loan: No      |
| Par Pharmaceutical Inc                                                                           | ENDP 7 1/2 04/01/27                  | CUSIP: 69888XAA7<br>LEI: 549300KK5WR4MGN4YT97 | Long             | DBT              | CORP              | US        |     45000 | PA      | $0.00         | 0.00%             | 2027-04-01      | Fixed         | 0.00%                 | Yes           | 2                  | On Loan: No      |
| United States Treasury Notes                                                                     | T 4 01/31/29                         | CUSIP: 91282CJW2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    370000 | PA      | $374162.50    | 0.12%             | 2029-01-31      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Calpine Corp                                                                                     | CPN TL B10 1L USD                    | CUSIP: N/A<br>LEI: 43R4VPJBXTU2O15HEF41       | Long             | LON              | CORP              | US        |    310000 | PA      | $310085.25    | 0.10%             | 2031-01-31      | Variable      | 6.08%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                                                            | FN 962752                            | CUSIP: 31414DBV7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      8258 | PA      | $8489.30      | 0.00%             | 2038-04-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| UNIT AUTO CR SEC TR 2022-2                                                                       | UACST 2022-2 D                       | CUSIP: 90944KAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    337273 | PA      | $338035.66    | 0.11%             | 2028-01-10      | Fixed         | 6.84%                 | Yes           | 2                  | On Loan: No      |
| J P MG CH CM MT SC T 2024-OMNI                                                                   | JPMCC 2024-OMNI A                    | CUSIP: 46593JAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    570000 | PA      | $580240.96    | 0.19%             | 2039-10-05      | Floating      | 5.80%                 | Yes           | 2                  | On Loan: No      |
| Rivers Enterprise Lender LLC / Rivers Enterprise Lender Corp.                                    | RIVLEN 6 1/4 10/15/30                | CUSIP: 76884GAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     75000 | PA      | $75954.60     | 0.02%             | 2030-10-15      | Fixed         | 6.25%                 | Yes           | 2                  | On Loan: No      |
| CVS Health Corp                                                                                  | CVS 5.05 03/25/48                    | CUSIP: 126650CZ1<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    736000 | PA      | $654504.18    | 0.21%             | 2048-03-25      | Fixed         | 5.05%                 | No            | 2                  | On Loan: No      |
| Hungary (Republic Of)                                                                            | REPHUN 5 1/2 03/26/36                | CUSIP: 445545AU0<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |    232000 | PA      | $234521.10    | 0.08%             | 2036-03-26      | Fixed         | 5.50%                 | Yes           | 2                  | On Loan: No      |
| M&T Bank Corporation                                                                             | MTB 5.4 07/30/35                     | CUSIP: 55261FAZ7<br>LEI: 549300WYXDDBYRASEG81 | Long             | DBT              | CORP              | US        |    693000 | PA      | $698040.99    | 0.23%             | 2035-07-30      | Fixed         | 5.40%                 | No            | 2                  | On Loan: No      |
| Dynasty Acquisition Co Inc                                                                       | DAEAVI TL B2 1L USD                  | CUSIP: 26812CAP1<br>LEI: 549300L1RCRPOAUCB870 | Long             | LON              | CORP              | US        |     85828 | PA      | $86069.10     | 0.03%             | 2031-10-27      | Variable      | 6.33%                 | No            | 2                  | On Loan: No      |
| Exeter Automobile Receivables Trust 2013-2                                                       | EART 2024-5A B                       | CUSIP: 30165BAE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    510000 | PA      | $509663.40    | 0.17%             | 2029-04-16      | Fixed         | 4.98%                 | No            | 2                  | On Loan: No      |
| Costa Rica (Republic Of)                                                                         | COSTAR 7.3 11/13/54                  | CUSIP: 221597CV7<br>LEI: 549300S1EK2VN6XVJP58 | Long             | DBT              | NUSS              | CR        |     30000 | PA      | $33618.75     | 0.01%             | 2054-11-13      | Fixed         | 7.30%                 | Yes           | 2                  | On Loan: No      |
| JPMorgan Chase & Co.                                                                             | JPM 5.717 09/14/33                   | CUSIP: 46647PDK9<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    420000 | PA      | $445840.99    | 0.14%             | 2033-09-14      | Fixed         | 5.72%                 | No            | 2                  | On Loan: No      |
| Towd Point Mortgage Trust 2015-3                                                                 | TPMT 2018-6 A2                       | CUSIP: 89176LAC8<br>LEI: 549300ZHISOOIT5VZP03 | Long             | ABS-O            | CORP              | US        |    300000 | PA      | $278672.07    | 0.09%             | 2058-03-25      | Floating      | 3.75%                 | Yes           | 2                  | On Loan: No      |
| HCA Inc.                                                                                         | HCA 6 04/01/54                       | CUSIP: 404119CV9<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    340000 | PA      | $343654.57    | 0.11%             | 2054-04-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Nabors Industries, Inc.                                                                          | NBR 7 3/8 05/15/27                   | CUSIP: 62957HAJ4<br>LEI: 549300VFQWRKICUFNU92 | Long             | DBT              | CORP              | US        |    188000 | PA      | $190947.28    | 0.06%             | 2027-05-15      | Fixed         | 7.38%                 | Yes           | 2                  | On Loan: No      |
| Hilcorp Energy                                                                                   | HILCRP TL B 1L USD                   | CUSIP: 431319AH5<br>LEI: 549300ITPIHLG0LHEC09 | Long             | LON              | CORP              | US        |     74625 | PA      | $74858.58     | 0.02%             | 2030-02-05      | Variable      | 6.31%                 | No            | 2                  | On Loan: No      |
| Goldman Sachs Group, Inc.                                                                        | GS 4.939 10/21/36                    | CUSIP: 38141GD43<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    305000 | PA      | $303223.68    | 0.10%             | 2036-10-21      | Fixed         | 4.94%                 | No            | 2                  | On Loan: No      |
| United States Treasury Notes                                                                     | T 4 07/31/29                         | CUSIP: 91282CLC3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3280000 | PA      | $3318885.94   | 1.08%             | 2029-07-31      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Philip Morris International Inc.                                                                 | PM 4.9 11/01/34                      | CUSIP: 718172DQ9<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    510000 | PA      | $513093.92    | 0.17%             | 2034-11-01      | Fixed         | 4.90%                 | No            | 2                  | On Loan: No      |
| Carvana Auto Receivables Trust 2023-P3                                                           | CRVNA 2023-N4 C                      | CUSIP: 14688LAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    330000 | PA      | $338098.40    | 0.11%             | 2030-02-11      | Fixed         | 6.59%                 | Yes           | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FN MA4805                            | CUSIP: 31418EKT6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    591559 | PA      | $579371.63    | 0.19%             | 2052-11-01      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| TRICON RESIDENTIAL 2021-SFR1 TRUST                                                               | TCN 2021-SFR1 B                      | CUSIP: 89614YAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    160000 | PA      | $157269.39    | 0.05%             | 2038-07-17      | Fixed         | 2.24%                 | Yes           | 2                  | On Loan: No      |
| AlixPartners                                                                                     | ALIXPA TL B 1L USD                   | CUSIP: 01642PBE5<br>LEI: 5493005G2MHUFTGARL57 | Long             | LON              | CORP              | US        |    255000 | PA      | $254326.80    | 0.08%             | 2032-07-30      | Variable      | 6.35%                 | No            | 2                  | On Loan: No      |
| Harbour Energy PLC                                                                               | HBRLN 6.327 04/01/35                 | CUSIP: 411618AD3<br>LEI: 213800YPC42DYBKVPF97 | Long             | DBT              | CORP              | GB        |    454000 | PA      | $464989.69    | 0.15%             | 2035-04-01      | Fixed         | 6.33%                 | Yes           | 2                  | On Loan: No      |
| Southern California Edison Company                                                               | EIX 6 01/15/34                       | CUSIP: 842400ES8<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    339000 | PA      | $355588.59    | 0.12%             | 2034-01-15      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Capital One Financial Corp.                                                                      | COF 2.359 07/29/32                   | CUSIP: 14040HCG8<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    217000 | PA      | $188497.95    | 0.06%             | 2032-07-29      | Fixed         | 2.36%                 | No            | 2                  | On Loan: No      |
| EOG Resources Inc.                                                                               | EOG 5.65 12/01/54                    | CUSIP: 26875PAW1<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | DBT              | CORP              | US        |    370000 | PA      | $370338.55    | 0.12%             | 2054-12-01      | Fixed         | 5.65%                 | No            | 2                  | On Loan: No      |
| CCO Holdings, LLC/ CCO Holdings Capital Corp.                                                    | CHTR 6 3/8 09/01/29                  | CUSIP: 1248EPCS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     14000 | PA      | $14115.88     | 0.00%             | 2029-09-01      | Fixed         | 6.38%                 | Yes           | 2                  | On Loan: No      |
| Mexico (United Mexican States)                                                                   | MEX 6 05/07/36                       | CUSIP: 91087BAZ3<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    175000 | PA      | $179523.75    | 0.06%             | 2036-05-07      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Colombia (Republic Of)                                                                           | COLOM 7 3/4 11/07/36                 | CUSIP: 195325EP6<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    112000 | PA      | $119533.12    | 0.04%             | 2036-11-07      | Fixed         | 7.75%                 | No            | 2                  | On Loan: No      |
| Helios Software Holdings Inc / Ion Corporate Solutions Finance SARL                              | IONCOR 8 3/4 05/01/29                | CUSIP: 42329HAB4<br>LEI: 2138002XO5EAYFHPPT53 | Long             | DBT              | CORP              | US        |    105000 | PA      | $106893.05    | 0.03%             | 2029-05-01      | Fixed         | 8.75%                 | Yes           | 2                  | On Loan: No      |
| ADT Corp                                                                                         | PRSESE TL B1 1L USD                  | CUSIP: 03765VAP5<br>LEI: 549300O6QPZVWXV2DC15 | Long             | LON              | CORP              | US        |    168303 | PA      | $168213.98    | 0.05%             | 2030-10-15      | Variable      | 6.32%                 | No            | 2                  | On Loan: No      |
| TransDigm, Inc.                                                                                  | TDG 6 5/8 03/01/32                   | CUSIP: 893647BV8<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    185000 | PA      | $191558.07    | 0.06%             | 2032-03-01      | Fixed         | 6.62%                 | Yes           | 2                  | On Loan: No      |
| Aviation Capital Group LLC                                                                       | ACGCAP 3 1/2 11/01/27                | CUSIP: 05369AAA9<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |    245000 | PA      | $240720.80    | 0.08%             | 2027-11-01      | Fixed         | 3.50%                 | Yes           | 2                  | On Loan: No      |
| Ellington Financial Mortgage Trust 2019-2                                                        | EFMT 2019-2 A3                       | CUSIP: 31573TAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    171275 | PA      | $166281.31    | 0.05%             | 2059-11-25      | Floating      | 3.05%                 | Yes           | 2                  | On Loan: No      |
| New Residential Mortgage Loan Trust 2024-Nqm3                                                    | NRZT 2024-NQM3 A1                    | CUSIP: 647910AC2<br>LEI: 213800HBIGZVLLQA9I67 | Long             | ABS-O            | CORP              | US        |    228288 | PA      | $230519.54    | 0.07%             | 2064-11-25      | Floating      | 5.47%                 | Yes           | 2                  | On Loan: No      |
| Aviation Capital Group LLC                                                                       | ACGCAP 6 3/8 07/15/30                | CUSIP: 05366DAA6<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |    423000 | PA      | $451819.62    | 0.15%             | 2030-07-15      | Fixed         | 6.38%                 | Yes           | 2                  | On Loan: No      |
| Clarios (Power Solutions)                                                                        | POWSOL TL B 1L USD                   | CUSIP: C8000CAP8<br>LEI: 549300474L1ZLXZY2P98 | Long             | LON              | CORP              | US        |    205000 | PA      | $205896.88    | 0.07%             | 2032-01-14      | Variable      | 7.08%                 | No            | 2                  | On Loan: No      |
| Poland (Republic of)                                                                             | POLAND 5 3/8 02/12/35                | CUSIP: 857524AH5<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |    129000 | PA      | $135083.37    | 0.04%             | 2035-02-12      | Fixed         | 5.38%                 | No            | 2                  | On Loan: No      |
| LHOME MORTGAGE TRUST                                                                             | LHOME 2024-RTL4 A1                   | CUSIP: 50205PAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    425000 | PA      | $427338.44    | 0.14%             | 2039-07-25      | Floating      | 5.92%                 | Yes           | 2                  | On Loan: No      |
| Quikrete Holdings Inc                                                                            | QUIKHO 6 3/8 03/01/32                | CUSIP: 74843PAA8<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |     55000 | PA      | $57080.98     | 0.02%             | 2032-03-01      | Fixed         | 6.38%                 | Yes           | 2                  | On Loan: No      |
| Wells Fargo & Co.                                                                                | WFC 4.897 07/25/33                   | CUSIP: 95000U3B7<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    292000 | PA      | $296423.72    | 0.10%             | 2033-07-25      | Fixed         | 4.90%                 | No            | 2                  | On Loan: No      |
| Dick's Sporting Goods, Inc.                                                                      | DKS 4.1 01/15/52                     | CUSIP: 253393AG7<br>LEI: 529900SSBV5I4LWSK313 | Long             | DBT              | CORP              | US        |    660000 | PA      | $492550.85    | 0.16%             | 2052-01-15      | Fixed         | 4.10%                 | No            | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SB8269                            | CUSIP: 3132D6FJ4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    212881 | PA      | $220345.35    | 0.07%             | 2038-10-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Carvana Auto Receivables Trust 2019-3                                                            | CRVNA 2021-N2 C                      | CUSIP: 14686KAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     29527 | PA      | $28789.32     | 0.01%             | 2028-03-10      | Fixed         | 1.07%                 | No            | 2                  | On Loan: No      |
| El Salvador (Republic of)                                                                        | ELSALV 8 5/8 02/28/29                | CUSIP: 283875BW1<br>LEI: 529900AKDMUSFSDOM949 | Long             | DBT              | NUSS              | SV        |     59000 | PA      | $63056.25     | 0.02%             | 2029-02-28      | Fixed         | 8.62%                 | Yes           | 2                  | On Loan: No      |
| Reliance Industries Ltd.                                                                         | RILIN 2 7/8 01/12/32                 | CUSIP: 759470BB2<br>LEI: 5493003UOETFYRONLG31 | Long             | DBT              | CORP              | IN        |    235000 | PA      | $213997.49    | 0.07%             | 2032-01-12      | Fixed         | 2.88%                 | Yes           | 2                  | On Loan: No      |
| TKO Group Holdings (UFC)                                                                         | TKO TL B4 1L USD                     | CUSIP: 90266UAL7<br>LEI: 549300JEOTH7UMZ3C491 | Long             | LON              | CORP              | US        |    183665 | PA      | $184283.41    | 0.06%             | 2031-11-21      | Variable      | 6.17%                 | No            | 2                  | On Loan: No      |
| OneMain Financial Corporation                                                                    | OMF 6 1/8 05/15/30                   | CUSIP: 682691AL4<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     65000 | PA      | $65804.77     | 0.02%             | 2030-05-15      | Fixed         | 6.12%                 | No            | 2                  | On Loan: No      |
| Coty Inc / Hfc Prestige Prods Inc / Hfc Pretige Intl U S LLC                                     | COTY 5.6 01/15/31                    | CUSIP: 22207AAC6<br>LEI: 549300BO9IWPF3S48F93 | Long             | DBT              | CORP              | US        |    165000 | PA      | $165673.53    | 0.05%             | 2031-01-15      | Fixed         | 5.60%                 | Yes           | 2                  | On Loan: No      |
| Builders Firstsource, Inc.                                                                       | BLDR 6 3/8 03/01/34                  | CUSIP: 12008RAS6<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |    240000 | PA      | $248843.52    | 0.08%             | 2034-03-01      | Fixed         | 6.38%                 | Yes           | 2                  | On Loan: No      |
| Sumitomo Life Insurance Co.                                                                      | SUMILF 5 7/8 09/10/55                | CUSIP: 86564CAF7<br>LEI: 549300I5OQCDADQSPI57 | Long             | DBT              | CORP              | JP        |    594000 | PA      | $607654.87    | 0.20%             | 2055-09-10      | Fixed         | 5.88%                 | Yes           | 2                  | On Loan: No      |
| CMS Energy Corporation                                                                           | CMS 4 3/4 06/01/50                   | CUSIP: 125896BU3<br>LEI: 549300IA9XFBAGNIBW29 | Long             | DBT              | CORP              | US        |    577000 | PA      | $568546.32    | 0.18%             | 2050-06-01      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| Freeport LNG Investments                                                                         | FLIQII TL B 1L USD                   | CUSIP: 35670CAC2<br>LEI: 549300LR5YVRZH4YPQ33 | Long             | LON              | CORP              | US        |    109895 | PA      | $110272.47    | 0.04%             | 2028-12-21      | Variable      | 7.52%                 | No            | 2                  | On Loan: No      |
| Huntington Bancshares Incorporated                                                               | HBAN 6.141 11/18/39                  | CUSIP: 446150BF0<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |    130000 | PA      | $134576.83    | 0.04%             | 2039-11-18      | Fixed         | 6.14%                 | No            | 2                  | On Loan: No      |
| Mars Inc.                                                                                        | MARS 5.2 03/01/35                    | CUSIP: 571676BA2<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |    594000 | PA      | $609860.89    | 0.20%             | 2035-03-01      | Fixed         | 5.20%                 | Yes           | 2                  | On Loan: No      |
| Millrose Properties Inc.                                                                         | MRP 6 1/4 09/15/32                   | CUSIP: 601137AB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    260000 | PA      | $261480.62    | 0.08%             | 2032-09-15      | Fixed         | 6.25%                 | Yes           | 2                  | On Loan: No      |
| Gates Industrial (Gates Global)                                                                  | GTES TL B5 1L USD                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    202701 | PA      | $202836.32    | 0.07%             | 2031-06-04      | Variable      | 6.08%                 | No            | 2                  | On Loan: No      |
| Banco de Credito del Peru                                                                        | BCP 6.45 07/30/35                    | CUSIP: 05971U2J5<br>LEI: 549300EQYQ8SCQZ4BY14 | Long             | DBT              | CORP              | PE        |     64000 | PA      | $66562.24     | 0.02%             | 2035-07-30      | Fixed         | 6.45%                 | Yes           | 2                  | On Loan: No      |
| Foundation Finance Trust 2024-1                                                                  | FFIN 2024-2A A                       | CUSIP: 35040VAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    319123 | PA      | $319912.40    | 0.10%             | 2050-03-15      | Fixed         | 4.60%                 | Yes           | 2                  | On Loan: No      |
| Petroleos Mexicanos Sa De CV                                                                     | PEMEX 6.95 01/28/60                  | CUSIP: 71654QDF6<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |     70000 | PA      | $57703.10     | 0.02%             | 2060-01-28      | Fixed         | 6.95%                 | No            | 2                  | On Loan: No      |
| Bank of America Corp.                                                                            | BAC 5.518 10/25/35                   | CUSIP: 06051GMD8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    662000 | PA      | $678982.57    | 0.22%             | 2035-10-25      | Fixed         | 5.52%                 | No            | 2                  | On Loan: No      |
| Tricon American Homes 2015-SFR1 Trust                                                            | TAH 2020-SFR2 D                      | CUSIP: 89613JAG5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $188981.50    | 0.06%             | 2027-11-17      | Fixed         | 2.28%                 | Yes           | 2                  | On Loan: No      |
| Romania (Republic Of)                                                                            | ROMANI 6 5/8 05/16/36                | CUSIP: 77586RAX8<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |    137000 | PA      | $141010.34    | 0.05%             | 2036-05-16      | Fixed         | 6.62%                 | Yes           | 2                  | On Loan: No      |
| Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC / (Albertsons Safeway LLC) | ACI 5 3/4 03/31/34                   | CUSIP: 01309QAD0<br>LEI: 549300YKWOC0AOR16R51 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50347.50     | 0.02%             | 2034-03-31      | Fixed         | 5.75%                 | Yes           | 2                  | On Loan: No      |
| Fidelity Colchester Street Trust                                                                 | FID-MM GOVT-I                        | CUSIP: 316175108<br>LEI: 549300SHPEJB1OPRCV46 | Long             | STIV             | RF                | US        |   7432092 | PA      | $7432092.22   | 2.41%             |  |  |  | No            | 1                  | On Loan: No      |
| Fortress Investment Group                                                                        | FIG TL B 1L USD                      | CUSIP: 31774BAH7<br>LEI: 5493001RSEZ0X6VJMC68 | Long             | LON              | CORP              | US        |    294262 | PA      | $294293.40    | 0.10%             | 2029-06-27      | Variable      | 6.08%                 | No            | 2                  | On Loan: No      |
| Neptune BidCo US Inc.                                                                            | NLSN 9.29 04/15/29                   | CUSIP: 640695AA0<br>LEI: 549300VG15T3VCYZ4531 | Long             | DBT              | CORP              | US        |    510000 | PA      | $504089.10    | 0.16%             | 2029-04-15      | Fixed         | 9.29%                 | Yes           | 2                  | On Loan: No      |
| IMPERIAL FD MTG TR                                                                               | IMPRL 2022-NQM3 A1                   | CUSIP: 45276KAA5<br>LEI: 984500DDE091107DY398 | Long             | ABS-O            | CORP              | US        |    202720 | PA      | $202136.43    | 0.07%             | 2067-05-25      | Floating      | 4.38%                 | Yes           | 2                  | On Loan: No      |
| Towd Pt Mtg Tr 2017-1                                                                            | TPMT 2017-1 M1                       | CUSIP: 89173FAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    115000 | PA      | $113411.15    | 0.04%             | 2056-10-25      | Floating      | 3.75%                 | Yes           | 2                  | On Loan: No      |
| Capital One Financial Corp.                                                                      | COF 6.377 06/08/34                   | CUSIP: 14040HDA0<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    490000 | PA      | $530565.79    | 0.17%             | 2034-06-08      | Fixed         | 6.38%                 | No            | 2                  | On Loan: No      |
| Galton Fd Mtg Tr 2018-1                                                                          | GFMT 2018-1 A23                      | CUSIP: 36417JAL3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      5923 | PA      | $5415.87      | 0.00%             | 2057-11-25      | Floating      | 3.50%                 | Yes           | 2                  | On Loan: No      |
| Breezeline (fka Atlantic Broadband)                                                              | CCACN TL B 1L USD                    | CUSIP: 19239BAD0<br>LEI: 549300SM780G0XC48K12 | Long             | LON              | CORP              | US        |    171974 | PA      | $169738.22    | 0.06%             | 2030-09-18      | Variable      | 7.58%                 | No            | 2                  | On Loan: No      |
| Regional Management Issuance Trust                                                               | RMIT 2024-2 A                        | CUSIP: 75907AAA1<br>LEI: 213800A3LAH3GG226R43 | Long             | ABS-O            | CORP              | US        |    515000 | PA      | $518728.14    | 0.17%             | 2033-12-15      | Fixed         | 5.11%                 | Yes           | 2                  | On Loan: No      |
| Arroyo Mortgage Trust 2018-2                                                                     | ARRW 2020-1 A3                       | CUSIP: 04285CAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    770000 | PA      | $710867.93    | 0.23%             | 2055-03-25      | Fixed         | 3.33%                 | Yes           | 2                  | On Loan: No      |
| WOODWARD CAPITAL MANAGEMENT                                                                      | RCKT 2025-CES5 A1A                   | CUSIP: 74942CAA7<br>LEI: 2549008EA2IHW9G2TZ48 | Long             | ABS-O            | CORP              | US        |    679661 | PA      | $687915.45    | 0.22%             | 2055-06-25      | Floating      | 5.69%                 | Yes           | 2                  | On Loan: No      |
| Blackstone Private Credit Fund                                                                   | BCRED 6 11/22/34                     | CUSIP: 09261HBW6<br>LEI: 549300ORP3TTCNXSYO43 | Long             | DBT              | CORP              | US        |    339000 | PA      | $343727.06    | 0.11%             | 2034-11-22      | Fixed         | 6.00%                 | No            | 2                  | On Loan: —       |
| Regal Rexnord Corporation                                                                        | RRX 6.4 04/15/33                     | CUSIP: 758750AP8<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | DBT              | CORP              | US        |    606000 | PA      | $650074.00    | 0.21%             | 2033-04-15      | Fixed         | 6.40%                 | No            | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD8418                            | CUSIP: 3132DWK77<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   2543063 | PA      | $2480420.38   | 0.80%             | 2054-04-01      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| DIRECTV                                                                                          | DTV TL 1L USD                        | CUSIP: 25460HAD4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    217582 | PA      | $218217.11    | 0.07%             | 2029-08-02      | Variable      | 9.79%                 | No            | 2                  | On Loan: No      |
| Green Infrastructure Partners                                                                    | GEISTP TL B 1L USD                   | CUSIP: 39306DAB6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     90000 | PA      | $90253.35     | 0.03%             | 2032-09-18      | Variable      | 6.75%                 | No            | 2                  | On Loan: No      |
| AQUA FINANCE TRUST 2024-A                                                                        | AQFIT 2024-A B                       | CUSIP: 03837DAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    510000 | PA      | $514930.83    | 0.17%             | 2050-04-18      | Fixed         | 5.06%                 | Yes           | 2                  | On Loan: No      |
| Petroleos Mexicanos Sa De CV                                                                     | PEMEX 7.69 01/23/50                  | CUSIP: 71654QDD1<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    142000 | PA      | $128888.37    | 0.04%             | 2050-01-23      | Fixed         | 7.69%                 | No            | 2                  | On Loan: No      |
| Towd Point Mortgage Trust                                                                        | TPMT 2019-4 A2                       | CUSIP: 89178BAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    235000 | PA      | $215360.89    | 0.07%             | 2059-10-25      | Floating      | 3.25%                 | Yes           | 2                  | On Loan: No      |
| Metronet Infrastructure Issuer LLC.                                                              | MNET 2025-2A A2                      | CUSIP: 59170JAX6<br>LEI: 5493000BIROCAEATAQ61 | Long             | ABS-O            | CORP              | US        |    550000 | PA      | $557175.85    | 0.18%             | 2055-08-20      | Fixed         | 5.40%                 | Yes           | 2                  | On Loan: No      |
| Peru (Republic Of)                                                                               | PERU 2.783 01/23/31                  | CUSIP: 715638DF6<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    122000 | PA      | $113075.70    | 0.04%             | 2031-01-23      | Fixed         | 2.78%                 | No            | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FN MA4839                            | CUSIP: 31418ELV0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1119547 | PA      | $1067139.29   | 0.35%             | 2052-12-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| JPMorgan Chase & Co.                                                                             | JPM 5.576 07/23/36                   | CUSIP: 46647PFC5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    420000 | PA      | $435792.84    | 0.14%             | 2036-07-23      | Fixed         | 5.58%                 | No            | 2                  | On Loan: No      |
| Enbridge Inc.                                                                                    | ENBCN 8 1/2 01/15/2084               | CUSIP: 29250NBT1<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    330000 | PA      | $379702.29    | 0.12%             | 2084-01-15      | Fixed         | 8.50%                 | No            | 2                  | On Loan: No      |
| The Boeing Company                                                                               | BA 5.93 05/01/60                     | CUSIP: 097023CX1<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    618000 | PA      | $614507.96    | 0.20%             | 2060-05-01      | Fixed         | 5.93%                 | No            | 2                  | On Loan: No      |
| HCA Inc.                                                                                         | HCA 5 1/4 06/15/49                   | CUSIP: 404119BZ1<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    171000 | PA      | $156923.39    | 0.05%             | 2049-06-15      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| LHOME MTG TR 2024-RTL1                                                                           | LHOME 2024-RTL1 A1                   | CUSIP: 50205DAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    330000 | PA      | $331870.51    | 0.11%             | 2029-01-25      | Floating      | 7.02%                 | Yes           | 2                  | On Loan: No      |
| Hudson Yards 2025-Sprl Mortgage Trust                                                            | HY 2025-SPRL A                       | CUSIP: 44855PAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1095000 | PA      | $1134197.72   | 0.37%             | 2040-01-13      | Floating      | 5.47%                 | Yes           | 2                  | On Loan: No      |
| NGL Energy Operating LLC/ NGL Energy Finance Corp                                                | NGL 8 3/8 02/15/32                   | CUSIP: 62922LAD0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     80000 | PA      | $81878.88     | 0.03%             | 2032-02-15      | Fixed         | 8.38%                 | Yes           | 2                  | On Loan: No      |
| Toll Brothers Finance Corp.                                                                      | TOL 5.6 06/15/35                     | CUSIP: 88947EAX8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    240000 | PA      | $246103.46    | 0.08%             | 2035-06-15      | Fixed         | 5.60%                 | No            | 2                  | On Loan: No      |
| Federal Home Loan Banks                                                                          | FR SD5856                            | CUSIP: 3132DTQH6<br>LEI: 2549001DPIFGXC1TOL40 | Long             | ABS-MBS          | USGA              | US        |   1816073 | PA      | $1675083.68   | 0.54%             | 2054-01-01      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Nielsen                                                                                          | NLSN TL B 1L USD                     | CUSIP: 64069JAC6<br>LEI: 549300VG15T3VCYZ4531 | Long             | LON              | CORP              | US        |       253 | PA      | $245.14       | 0.00%             | 2029-04-11      | Variable      | 9.33%                 | No            | 2                  | On Loan: No      |
| PMT LOAN TR 2024-INV1                                                                            | PMTLT 2024-INV1 A2                   | CUSIP: 73015BAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    357610 | PA      | $363812.55    | 0.12%             | 2059-10-25      | Floating      | 6.00%                 | Yes           | 2                  | On Loan: No      |
| JPMorgan Chase & Co.                                                                             | JPM 1.953 02/04/32                   | CUSIP: 46647PBX3<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    710000 | PA      | $628813.69    | 0.20%             | 2032-02-04      | Fixed         | 1.95%                 | No            | 2                  | On Loan: No      |
| Columbia Pipelines Operating Co. LLC                                                             | CPGX 6.036 11/15/33                  | CUSIP: 19828TAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $160328.13    | 0.05%             | 2033-11-15      | Fixed         | 6.04%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                                                            | FN 310041                            | CUSIP: 31374CLW4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     21125 | PA      | $22440.36     | 0.01%             | 2037-05-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Ivory Coast (Republic Of)                                                                        | IVYCST 8 1/4 01/30/37                | CUSIP: 221625AU0<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |    213000 | PA      | $226675.27    | 0.07%             | 2037-01-30      | Fixed         | 8.25%                 | Yes           | 2                  | On Loan: No      |
| Global Atlantic Finance Co.                                                                      | GBLATL 7.95 06/15/33                 | CUSIP: 37959GAD9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    198000 | PA      | $227339.61    | 0.07%             | 2033-06-15      | Fixed         | 7.95%                 | Yes           | 2                  | On Loan: No      |
| Sbna Auto Receivables Trust 2024-A                                                               | SBAT 2024-A C                        | CUSIP: 78437PAF0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    276000 | PA      | $280809.13    | 0.09%             | 2030-01-15      | Fixed         | 5.59%                 | Yes           | 2                  | On Loan: No      |
| Icahn Enterprises, L.P. / Icahn Enterprises Finance Corporation                                  | IEP 5 1/4 05/15/27                   | CUSIP: 451102BZ9<br>LEI: 549300T0G4GS0SINS786 | Long             | DBT              | CORP              | US        |    220000 | PA      | $216277.20    | 0.07%             | 2027-05-15      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FN MA4980                            | CUSIP: 31418ERA0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    504264 | PA      | $518557.21    | 0.17%             | 2053-04-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| PEAC SOLUTIONS RECEIVABLES 2024-1 L                                                              | PEAC 2024-1A B                       | CUSIP: 69433BAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    435000 | PA      | $446652.52    | 0.14%             | 2030-11-20      | Fixed         | 5.79%                 | Yes           | 2                  | On Loan: No      |
| Petroleos Mexicanos Sa De CV                                                                     | PEMEX 5.95 01/28/31                  | CUSIP: 71654QDE9<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    308000 | PA      | $301467.91    | 0.10%             | 2031-01-28      | Fixed         | 5.95%                 | No            | 2                  | On Loan: No      |
| BPCE SA                                                                                          | BPCEGP 7.003 10/19/34                | CUSIP: 05571AAS4<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |    440000 | PA      | $491434.56    | 0.16%             | 2034-10-19      | Fixed         | 7.00%                 | Yes           | 2                  | On Loan: No      |
| NRG Energy, Inc.                                                                                 | NRG 7 03/15/33                       | CUSIP: 629377CT7<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    401000 | PA      | $443011.57    | 0.14%             | 2033-03-15      | Fixed         | 7.00%                 | Yes           | 2                  | On Loan: No      |
| Cornerstone Generation                                                                           | LGHTGN TL B 1L USD                   | CUSIP: 21924NAB4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     80000 | PA      | $80814.40     | 0.03%             | 2031-10-28      | Variable      | 8.05%                 | No            | 2                  | On Loan: No      |
| Dentsply Sirona Inc                                                                              | XRAY 3 1/4 06/01/30                  | CUSIP: 24906PAA7<br>LEI: 9NHEHR1SOZCYXDO8HO28 | Long             | DBT              | CORP              | US        |    737000 | PA      | $683291.76    | 0.22%             | 2030-06-01      | Fixed         | 3.25%                 | No            | 2                  | On Loan: —       |
| United States Treasury Notes                                                                     | T 3 7/8 08/15/34                     | CUSIP: 91282CLF6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1875000 | PA      | $1852917.49   | 0.60%             | 2034-08-15      | Fixed         | 3.88%                 | No            | 2                  | On Loan: No      |
| Buckeye Partners LP                                                                              | BPL 6 3/4 02/01/30                   | CUSIP: 118230AW1<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |    140000 | PA      | $146222.16    | 0.05%             | 2030-02-01      | Fixed         | 6.75%                 | Yes           | 2                  | On Loan: No      |
| Apollo Debt Solutions BDC                                                                        | APODS 6.9 04/13/29                   | CUSIP: 03770DAB9<br>LEI: 549300UMUGX092P8DW87 | Long             | DBT              | CORP              | US        |    600000 | PA      | $628273.06    | 0.20%             | 2029-04-13      | Fixed         | 6.90%                 | No            | 2                  | On Loan: No      |
| Ineos Group                                                                                      | INEGRP TL B 1L USD                   | CUSIP: N/A<br>LEI: 5493008MHJ4R367SNK31       | Long             | LON              | CORP              | US        |    106876 | PA      | $92064.34     | 0.03%             | 2030-02-19      | Variable      | 7.58%                 | No            | 2                  | On Loan: No      |
| ICON Investments Six DAC                                                                         | ICLR 6 05/08/34                      | CUSIP: 45115AAC8<br>LEI: 635400FQ1M7J2CHLAS59 | Long             | DBT              | CORP              | IE        |    605000 | PA      | $634413.76    | 0.21%             | 2034-05-08      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Berry Global Inc                                                                                 | BERY 5.65 01/15/34                   | CUSIP: 08576PAQ4<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | DBT              | CORP              | US        |    589000 | PA      | $615558.55    | 0.20%             | 2034-01-15      | Fixed         | 5.65%                 | No            | 2                  | On Loan: No      |
| HF Sinclair Corp.                                                                                | DINO 6 1/4 01/15/35                  | CUSIP: 403949AS9<br>LEI: 2549009G116AM01XHN24 | Long             | DBT              | CORP              | US        |    530000 | PA      | $553367.06    | 0.18%             | 2035-01-15      | Fixed         | 6.25%                 | No            | 2                  | On Loan: No      |
| B.A.T. Capital Corporation                                                                       | BATSLN 7 3/4 10/19/32                | CUSIP: 05526DBX2<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    309000 | PA      | $360061.50    | 0.12%             | 2032-10-19      | Fixed         | 7.75%                 | No            | 2                  | On Loan: No      |
| Oracle Corp.                                                                                     | ORCL 6.9 11/09/52                    | CUSIP: 68389XCK9<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    420000 | PA      | $448407.48    | 0.15%             | 2052-11-09      | Fixed         | 6.90%                 | No            | 2                  | On Loan: No      |
| Turkey (Republic of)                                                                             | TURKEY 7 5/8 05/15/34                | CUSIP: 900123DK3<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    257000 | PA      | $275042.92    | 0.09%             | 2034-05-15      | Fixed         | 7.62%                 | No            | 2                  | On Loan: No      |
| Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC / (Albertsons Safeway LLC) | ACI 4 7/8 02/15/30                   | CUSIP: 013092AE1<br>LEI: 549300YKWOC0AOR16R51 | Long             | DBT              | CORP              | US        |    510000 | PA      | $504300.55    | 0.16%             | 2030-02-15      | Fixed         | 4.88%                 | Yes           | 2                  | On Loan: No      |
| Uruguay (Republic Of)                                                                            | URUGUA 5.1 06/18/50                  | CUSIP: 760942BA9<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |    322000 | PA      | $311937.50    | 0.10%             | 2050-06-18      | Fixed         | 5.10%                 | No            | 2                  | On Loan: No      |
| ANGEL OAK MORTGAGE TRUST 2022-5                                                                  | AOMT 2022-5 A1                       | CUSIP: 03464HAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    633357 | PA      | $630021.72    | 0.20%             | 2067-05-25      | Floating      | 4.50%                 | Yes           | 2                  | On Loan: No      |
| BNSF Funding Trust I                                                                             | BNSF 6.613 12/15/55                  | CUSIP: 05567SAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    349000 | PA      | $351109.71    | 0.11%             | 2055-12-15      | Fixed         | 6.61%                 | No            | 2                  | On Loan: No      |
| Carvana Auto Receivables Trust 2019-3                                                            | CRVNA 2021-N1 C                      | CUSIP: 14687DAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     22376 | PA      | $21991.75     | 0.01%             | 2028-01-10      | Fixed         | 1.30%                 | No            | 2                  | On Loan: No      |
| United States Treasury Bonds                                                                     | T 4 1/4 02/15/54                     | CUSIP: 912810TX6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4875000 | PA      | $4541176.77   | 1.47%             | 2054-02-15      | Fixed         | 4.25%                 | No            | 2                  | On Loan: No      |
| Charter Communications Operating                                                                 | CHTR TL B5 1L USD                    | CUSIP: 16117LCE7<br>LEI: 549300TPZNMN50BJ3745 | Long             | LON              | CORP              | US        |    193251 | PA      | $193152.88    | 0.06%             | 2031-11-22      | Variable      | 6.55%                 | No            | 2                  | On Loan: No      |
| NYC COMMERCIAL MORTGAGE TRUST 2025-300P                                                          | NYC 2025-300P A                      | CUSIP: 67121TAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    800000 | PA      | $804051.84    | 0.26%             | 2042-07-13      | Fixed         | 4.88%                 | Yes           | 2                  | On Loan: No      |
| Upstart Securitization Trust 2018-2                                                              | UPST 2025-2 A2                       | CUSIP: 91679EAB4<br>LEI: 549300MM4LHW6AKJUZ51 | Long             | ABS-O            | CORP              | US        |    630000 | PA      | $631821.46    | 0.21%             | 2035-06-20      | Fixed         | 5.22%                 | Yes           | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FN MA5385                            | CUSIP: 31418E6X3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1717773 | PA      | $1631092.78   | 0.53%             | 2054-06-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| NEW RSDNTL MTG LN TR 2022-NQM2                                                                   | NRZT 2022-NQM2 A1                    | CUSIP: 64831MAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    598129 | PA      | $569837.52    | 0.18%             | 2062-03-27      | Floating      | 3.08%                 | Yes           | 2                  | On Loan: No      |
| Sprint Capital Corporation                                                                       | S 8 3/4 03/15/32                     | CUSIP: 852060AT9<br>LEI: 549300L17W0GQBR1PO80 | Long             | DBT              | CORP              | US        |    488000 | PA      | $593919.03    | 0.19%             | 2032-03-15      | Fixed         | 8.75%                 | No            | 2                  | On Loan: No      |
| Aqua Finance Trust 2019-A                                                                        | AQFIT 2020-AA B                      | CUSIP: 038413AB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    194302 | PA      | $186150.72    | 0.06%             | 2046-07-17      | Fixed         | 2.79%                 | Yes           | 2                  | On Loan: No      |
| Vistra Operations Co LLC                                                                         | VST 5.7 12/30/34                     | CUSIP: 92840VAU6<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    292000 | PA      | $300064.75    | 0.10%             | 2034-12-30      | Fixed         | 5.70%                 | Yes           | 2                  | On Loan: No      |
| Onemain Direct Auto Receivables Tst                                                              | ODART 2021-1A B                      | CUSIP: 682687AB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    140000 | PA      | $139077.69    | 0.05%             | 2028-07-14      | Fixed         | 1.26%                 | Yes           | 2                  | On Loan: No      |
| MARINER FINANCE ISSUANCE TRUST 2025-A                                                            | MFIT 2025-AA A                       | CUSIP: 567920AA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    740000 | PA      | $746624.33    | 0.24%             | 2038-05-20      | Fixed         | 4.98%                 | Yes           | 2                  | On Loan: No      |
| LV TR 2024-SHOW                                                                                  | LV 2024-SHOW A                       | CUSIP: 50245XAA5<br>LEI: IOG4E947OATN0KJYSD45 | Long             | ABS-O            | CORP              | US        |    510000 | PA      | $517539.74    | 0.17%             | 2029-10-10      | Floating      | 5.10%                 | Yes           | 2                  | On Loan: No      |
| Hilton Domestic Operating Co Inc.                                                                | HLT 5 3/4 09/15/33                   | CUSIP: 432833AS0<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |    280000 | PA      | $285747.00    | 0.09%             | 2033-09-15      | Fixed         | 5.75%                 | Yes           | 2                  | On Loan: No      |
| MVW 2023-1 LLC                                                                                   | MVWOT 2023-1A B                      | CUSIP: 62848PAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    148051 | PA      | $150026.70    | 0.05%             | 2040-10-20      | Fixed         | 5.42%                 | Yes           | 2                  | On Loan: No      |
| Newly Weds Foods                                                                                 | NWFOOD TL B 1L USD                   | CUSIP: 75701MAE5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    214462 | PA      | $214462.50    | 0.07%             | 2032-03-08      | Variable      | 6.56%                 | No            | 2                  | On Loan: No      |
| Glencore Funding LLC                                                                             | GLENLN 2.85 04/27/31                 | CUSIP: 378272BE7<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |    306000 | PA      | $281185.88    | 0.09%             | 2031-04-27      | Fixed         | 2.85%                 | Yes           | 2                  | On Loan: No      |
| PALISADES MORTGAGE LOAN TRUST                                                                    | PALI 2021-RTL1 A1                    | CUSIP: 69639AAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     18557 | PA      | $18514.35     | 0.01%             | 2026-06-25      | Floating      | 3.49%                 | Yes           | 2                  | On Loan: No      |
| Belron                                                                                           | BELRON TL B 1L USD                   | CUSIP: 08078UAN3<br>LEI: 9845006BC9D1A77B8178 | Long             | LON              | CORP              | US        |    277205 | PA      | $278910.06    | 0.09%             | 2031-10-16      | Variable      | 6.86%                 | No            | 2                  | On Loan: No      |
| Ashtead Capital Inc.                                                                             | AHTLN 5 1/2 08/11/32                 | CUSIP: 04505AAA7<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | US        |    405000 | PA      | $418559.64    | 0.14%             | 2032-08-11      | Fixed         | 5.50%                 | Yes           | 2                  | On Loan: No      |
| Colombia (Republic Of)                                                                           | COLOM 8 3/4 11/14/53                 | CUSIP: 195325EM3<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |     79000 | PA      | $90944.73     | 0.03%             | 2053-11-14      | Fixed         | 8.75%                 | No            | 2                  | On Loan: No      |
| Dominican Republic                                                                               | DOMREP 5 1/2 02/22/29                | CUSIP: 25714PEP9<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    150000 | PA      | $152857.50    | 0.05%             | 2029-02-22      | Fixed         | 5.50%                 | Yes           | 2                  | On Loan: No      |
| WESTLAKE AUTOMOBILE RECEIVABLES TRU                                                              | WLAKE 2024-1A B                      | CUSIP: 96043RAE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    446000 | PA      | $448353.90    | 0.15%             | 2027-11-15      | Fixed         | 5.55%                 | Yes           | 2                  | On Loan: No      |
| Marvell Technology Inc                                                                           | MRVL 5.45 07/15/35                   | CUSIP: 573874AS3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    527000 | PA      | $542836.83    | 0.18%             | 2035-07-15      | Fixed         | 5.45%                 | No            | 2                  | On Loan: —       |
| Foundry JV Holdco LLC.                                                                           | FABSJV 5 7/8 01/25/34                | CUSIP: 350930AA1<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |    579000 | PA      | $599025.32    | 0.19%             | 2034-01-25      | Fixed         | 5.88%                 | Yes           | 2                  | On Loan: No      |
| Citigroup Inc.                                                                                   | C 6.27 11/17/33                      | CUSIP: 172967PA3<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    335000 | PA      | $365525.00    | 0.12%             | 2033-11-17      | Fixed         | 6.27%                 | No            | 2                  | On Loan: No      |
| Arroyo Mortgage Trust 2018-2                                                                     | ARRW 2019-2 A1                       | CUSIP: 042858AA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     53134 | PA      | $51800.24     | 0.02%             | 2049-04-25      | Floating      | 3.35%                 | Yes           | 2                  | On Loan: No      |
| CPS AUTO RECEIVABLES TRUST 2024-A                                                                | CPS 2024-A C                         | CUSIP: 22411CAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    430000 | PA      | $433221.90    | 0.14%             | 2030-04-15      | Fixed         | 5.74%                 | Yes           | 2                  | On Loan: No      |
| OBX 2024-HYB2 TRUST                                                                              | OBX 2024-HYB2 A1                     | CUSIP: 67118RAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    274451 | PA      | $270720.95    | 0.09%             | 2053-04-25      | Floating      | 3.69%                 | Yes           | 2                  | On Loan: No      |
| Fnma Pass-Thru I                                                                                 | FN FA2472                            | CUSIP: 3140W2XA4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3288418 | PA      | $3286962.05   | 1.07%             | 2054-04-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Black Hills Corporation                                                                          | BKH 6.15 05/15/34                    | CUSIP: 092113AW9<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | DBT              | CORP              | US        |    750000 | PA      | $803818.63    | 0.26%             | 2034-05-15      | Fixed         | 6.15%                 | No            | 2                  | On Loan: No      |
| Blue Owl Finance Llc                                                                             | OWL 6 1/4 04/18/34                   | CUSIP: 09581JAT3<br>LEI: 254900OF2NO2GYFV5T41 | Long             | DBT              | CORP              | US        |    290000 | PA      | $300989.47    | 0.10%             | 2034-04-18      | Fixed         | 6.25%                 | No            | 2                  | On Loan: No      |
| Entain (fka GVC Holdings)                                                                        | ENTLN TL B 1L USD                    | CUSIP: G3168QAB3<br>LEI: 213800ATWJIEYQ8NF838 | Long             | LON              | CORP              | US        |    110000 | PA      | $109725.00    | 0.04%             | 2032-07-30      | Variable      | 6.57%                 | No            | 2                  | On Loan: No      |
| Directv Financing LLC/Directv Financing Co-Obligor Inc.                                          | DTV 8 7/8 02/01/30                   | CUSIP: 254945AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     45000 | PA      | $44784.26     | 0.01%             | 2030-02-01      | Fixed         | 8.88%                 | Yes           | 2                  | On Loan: No      |
| Formula One                                                                                      | FMUONE TL B1 1L USD                  | CUSIP: L2465BAW6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    205000 | PA      | $205576.05    | 0.07%             | 2031-09-10      | Variable      | 6.30%                 | No            | 2                  | On Loan: No      |
| United Air Lines, Inc.                                                                           | UAL 5.8 01/15/36                     | CUSIP: 90932LAJ6<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | ABS-O            | CORP              | US        |    292953 | PA      | $306603.39    | 0.10%             | 2036-07-15      | Fixed         | 5.80%                 | No            | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FN MA5271                            | CUSIP: 31418E2D1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2422527 | PA      | $2453998.63   | 0.80%             | 2054-02-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| MFA TRUST 2022-NQM2                                                                              | MFRA 2022-NQM2 A1                    | CUSIP: 55285QAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    597550 | PA      | $592255.37    | 0.19%             | 2067-05-25      | Floating      | 4.00%                 | Yes           | 2                  | On Loan: No      |
| PRESTIGE AUTO RE TR 25-1                                                                         | PART 2025-1A C                       | CUSIP: 74113UAG7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    506000 | PA      | $510961.13    | 0.17%             | 2030-02-15      | Fixed         | 5.52%                 | Yes           | 2                  | On Loan: No      |
| DEXT ABS 2023-1 LLC                                                                              | DEXT 2023-1 A2                       | CUSIP: 25216BAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    101027 | PA      | $101493.70    | 0.03%             | 2032-03-15      | Fixed         | 5.99%                 | Yes           | 2                  | On Loan: No      |
| Federal Home Loan Banks                                                                          | FR SD5594                            | CUSIP: 3132DTGB0<br>LEI: 2549001DPIFGXC1TOL40 | Long             | ABS-MBS          | USGA              | US        |   1084891 | PA      | $1100983.33   | 0.36%             | 2053-07-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Truist Financial Corp.                                                                           | TFC 5.122 01/26/34                   | CUSIP: 89788MAM4<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |     65000 | PA      | $65826.61     | 0.02%             | 2034-01-26      | Fixed         | 5.12%                 | No            | 2                  | On Loan: No      |
| Gray Media Inc.                                                                                  | GTN 7 1/4 08/15/33                   | CUSIP: 389375AP1<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |    240000 | PA      | $235265.14    | 0.08%             | 2033-08-15      | Fixed         | 7.25%                 | Yes           | 2                  | On Loan: No      |
| Royalty Pharma PLC                                                                               | RPRX 3.35 09/02/51                   | CUSIP: 78081BAP8<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | GB        |    483000 | PA      | $327166.25    | 0.11%             | 2051-09-02      | Fixed         | 3.35%                 | No            | 2                  | On Loan: No      |
| EXTENDED STAY AMERICA TRUST 2025-ESH                                                             | ESA 2025-ESH A                       | CUSIP: 30227TAA8<br>LEI: 549300IESZBC3BJUJW64 | Long             | ABS-O            | CORP              | US        |    450000 | PA      | $451467.63    | 0.15%             | 2042-10-15      | Floating      | 5.45%                 | Yes           | 2                  | On Loan: No      |
| Towd Point Mortgage Trust                                                                        | TPMT 2017-4 A2                       | CUSIP: 89173UAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    590000 | PA      | $561576.75    | 0.18%             | 2057-06-25      | Floating      | 3.00%                 | Yes           | 2                  | On Loan: No      |
| Caesars Entertainment Inc                                                                        | CZR TL B 1L USD                      | CUSIP: 12768EAG1<br>LEI: 549300FA4CTCW903Y781 | Long             | LON              | CORP              | US        |     48900 | PA      | $48660.63     | 0.02%             | 2030-02-06      | Variable      | 6.58%                 | No            | 2                  | On Loan: No      |
| L3 Harris Technologies Inc                                                                       | LHX 5.4 07/31/33                     | CUSIP: 502431AQ2<br>LEI: 549300UTE50ZMDBG8A20 | Long             | DBT              | CORP              | US        |    459000 | PA      | $479075.30    | 0.16%             | 2033-07-31      | Fixed         | 5.40%                 | No            | 2                  | On Loan: No      |
| frontdoor                                                                                        | FTDR TL B 1L USD                     | CUSIP: 35905CAK1<br>LEI: 5493008RB0JZJI3QGZ06 | Long             | LON              | CORP              | US        |    119100 | PA      | $119497.20    | 0.04%             | 2031-12-16      | Variable      | 6.58%                 | No            | 2                  | On Loan: No      |
| Ford Motor Credit Company LLC                                                                    | F 6.8 05/12/28                       | CUSIP: 345397C92<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    209000 | PA      | $217368.58    | 0.07%             | 2028-05-12      | Fixed         | 6.80%                 | No            | 2                  | On Loan: No      |
| Goldman Sachs Group, Inc.                                                                        | GS 6.45 05/01/36                     | CUSIP: 38143YAC7<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    324000 | PA      | $355965.11    | 0.12%             | 2036-05-01      | Fixed         | 6.45%                 | No            | 2                  | On Loan: No      |
| New Resi Mtg Ln Tr 2016-4                                                                        | NRZT 2016-4A A1                      | CUSIP: 64829LAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    369801 | PA      | $356318.16    | 0.12%             | 2056-11-25      | Floating      | 3.75%                 | Yes           | 2                  | On Loan: No      |
| STARWOOD MTG RES TR 2020-1                                                                       | STAR 2020-1 A1                       | CUSIP: 85573AAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     47694 | PA      | $45921.55     | 0.01%             | 2050-02-25      | Floating      | 2.27%                 | Yes           | 2                  | On Loan: No      |
| United Air Lines, Inc.                                                                           | UAL 5.45 02/15/37                    | CUSIP: 90932WAA1<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | ABS-O            | CORP              | US        |    149656 | PA      | $154878.22    | 0.05%             | 2037-02-15      | Fixed         | 5.45%                 | No            | 2                  | On Loan: No      |
| United States Treasury Bonds                                                                     | T 1 7/8 11/15/51                     | CUSIP: 912810TB4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1135000 | PA      | $649277.64    | 0.21%             | 2051-11-15      | Fixed         | 1.88%                 | No            | 2                  | On Loan: No      |
| Snap Inc                                                                                         | SNAP 6 7/8 03/15/34                  | CUSIP: 83304AAM8<br>LEI: 549300JNC0L6VP8A2Q35 | Long             | DBT              | CORP              | US        |    165000 | PA      | $168323.27    | 0.05%             | 2034-03-15      | Fixed         | 6.88%                 | Yes           | 2                  | On Loan: No      |
| STAR 2025-SFR5 TRUST                                                                             | STAR 2025-SFR5 A                     | CUSIP: 85520CAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    314585 | PA      | $314918.94    | 0.10%             | 2042-02-17      | Floating      | 5.48%                 | Yes           | 2                  | On Loan: No      |
| Iqvia Inc                                                                                        | IQV 6 1/4 02/01/29                   | CUSIP: 46266TAF5<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |    527000 | PA      | $555492.78    | 0.18%             | 2029-02-01      | Fixed         | 6.25%                 | No            | 2                  | On Loan: No      |
| SCALELOGIX ABS US ISSUER LLC                                                                     | SCLGX 2025-1A A2                     | CUSIP: 80587FAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    680000 | PA      | $674280.45    | 0.22%             | 2055-07-25      | Fixed         | 5.67%                 | Yes           | 2                  | On Loan: No      |
| Barclays PLC                                                                                     | BACR 7.437 11/02/33                  | CUSIP: 06738ECE3<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    419000 | PA      | $480746.60    | 0.16%             | 2033-11-02      | Fixed         | 7.44%                 | No            | 2                  | On Loan: No      |
| OCTANE RECEIVABLES TRUST 2025-1                                                                  | OCTL 2025-1A A2                      | CUSIP: 67580EAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    765000 | PA      | $764386.39    | 0.25%             | 2031-02-20      | Fixed         | 4.25%                 | Yes           | 2                  | On Loan: No      |
| Energy Transfer LP                                                                               | ET 7 1/8 PERP                        | CUSIP: 29273VAM2<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    120000 | PA      | $124042.68    | 0.04%             | 2169-05-15      | Fixed         | 7.12%                 | No            | 2                  | On Loan: No      |
| New Residential Mortgage Loan Trust 2017-2                                                       | NRZT 2017-2A A3                      | CUSIP: 64829KBV1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    502652 | PA      | $489261.74    | 0.16%             | 2057-03-25      | Floating      | 4.00%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                                                            | FN CB6857                            | CUSIP: 3140QSTP6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    902571 | PA      | $885518.58    | 0.29%             | 2053-08-01      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Mexico (United Mexican States)                                                                   | MEX 5 3/8 03/22/33                   | CUSIP: 91087BBK5<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    145000 | PA      | $145333.84    | 0.05%             | 2033-03-22      | Fixed         | 5.38%                 | No            | 2                  | On Loan: No      |
| Amur Equipment Finance Receivables VI LLC                                                        | AXIS 2025-1A D                       | CUSIP: 03237FAE5<br>LEI: 254900UXD59DZRJ7U848 | Long             | ABS-O            | CORP              | US        |    600000 | PA      | $610645.38    | 0.20%             | 2032-08-20      | Fixed         | 5.68%                 | Yes           | 2                  | On Loan: No      |
| Iron Mountain                                                                                    | IRM TL B 1L USD                      | CUSIP: N/A<br>LEI: 5493009M0X1LQXGBWV02       | Long             | LON              | CORP              | US        |    171617 | PA      | $171956.40    | 0.06%             | 2031-01-31      | Variable      | 6.33%                 | No            | 2                  | On Loan: No      |
| Oryx Southern Delaware Holdings                                                                  | ORYSOU TL B 1L USD                   | CUSIP: 68764JAJ0<br>LEI: 254900YYHRDANYFAHC43 | Long             | LON              | CORP              | US        |    204597 | PA      | $205352.11    | 0.07%             | 2028-10-05      | Variable      | 6.57%                 | No            | 2                  | On Loan: No      |
| Brazil (Federative Republic)                                                                     | BRAZIL 6 5/8 03/15/35                | CUSIP: 105756CL2<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |     67000 | PA      | $69830.75     | 0.02%             | 2035-03-15      | Fixed         | 6.62%                 | No            | 2                  | On Loan: No      |
| F&G Annuities & Life Inc.                                                                        | FG 6 1/2 06/04/29                    | CUSIP: 30190AAF1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    522000 | PA      | $544869.58    | 0.18%             | 2029-06-04      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| RCKT MORTGAGE TRUST 2020-1                                                                       | RCKT 2020-1 A1                       | CUSIP: 749389AA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     44260 | PA      | $38544.87     | 0.01%             | 2050-02-25      | Floating      | 3.00%                 | Yes           | 2                  | On Loan: No      |
| The Toronto-Dominion Bank                                                                        | TD 8 1/8 10/31/2082                  | CUSIP: 89117F8Z5<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    449000 | PA      | $474835.77    | 0.15%             | 2082-10-31      | Fixed         | 8.12%                 | No            | 2                  | On Loan: No      |
| United States Treasury Bonds                                                                     | T 4 11/15/52                         | CUSIP: 912810TL2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4100000 | PA      | $3661732.43   | 1.19%             | 2052-11-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Taco Bell Funding Llc                                                                            | BELL 2025-1A A2I                     | CUSIP: 87342RAK0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    750000 | PA      | $747740.63    | 0.24%             | 2055-08-25      | Fixed         | 4.82%                 | Yes           | 2                  | On Loan: No      |
| United States Treasury Notes                                                                     | T 4 03/31/30                         | CUSIP: 91282CMU2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1055000 | PA      | $1068063.86   | 0.35%             | 2030-03-31      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Royalty Pharma PLC                                                                               | RPRX 5.4 09/02/34                    | CUSIP: 78081BAR4<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | GB        |    590000 | PA      | $603132.70    | 0.20%             | 2034-09-02      | Fixed         | 5.40%                 | No            | 2                  | On Loan: No      |
| American National Group Inc.                                                                     | ANGINC 7 12/01/55                    | CUSIP: 025676AR8<br>LEI: 549300RK5RZQ740FPL83 | Long             | DBT              | CORP              | US        |    105000 | PA      | $107661.02    | 0.03%             | 2055-12-01      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| Grifols Worldwide                                                                                | GRFSM TL B 1L                        | CUSIP: 39843PAG8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    280000 | PA      | $280403.20    | 0.09%             | 2027-11-08      | Variable      | 6.46%                 | No            | 2                  | On Loan: No      |
| OBX 2024-NQM9 TRUST                                                                              | OBX 2024-NQM9 A1                     | CUSIP: 67119DAA6<br>LEI: 2549004KB8X0K1PPTU08 | Long             | ABS-O            | CORP              | US        |    245549 | PA      | $248960.72    | 0.08%             | 2064-01-25      | Floating      | 6.03%                 | Yes           | 2                  | On Loan: No      |
| United States Treasury Bonds                                                                     | T 4 5/8 05/15/54                     | CUSIP: 912810UA4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5770000 | PA      | $5719061.75   | 1.86%             | 2054-05-15      | Fixed         | 4.62%                 | No            | 2                  | On Loan: No      |
| CF HIPPOLYTA ISSUER LLC                                                                          | SORT 2020-1 A1                       | CUSIP: 12530MAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    102714 | PA      | $88413.07     | 0.03%             | 2060-07-15      | Fixed         | 1.69%                 | Yes           | 2                  | On Loan: No      |
| Delta Air Lines, Inc. Pass Thru Trust                                                            | DAL 3 5/8 07/30/27                   | CUSIP: 24736XAA6<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | ABS-O            | CORP              | US        |    308961 | PA      | $304898.59    | 0.10%             | 2027-07-30      | Fixed         | 3.62%                 | No            | 2                  | On Loan: No      |
| Prudential Financial, Inc.                                                                       | PRU 6 3/4 03/01/53                   | CUSIP: 744320BL5<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |    210000 | PA      | $225045.03    | 0.07%             | 2053-03-01      | Fixed         | 6.75%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                                                            | FN 909220                            | CUSIP: 31411JDZ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     25987 | PA      | $27510.11     | 0.01%             | 2038-08-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Wells Fargo & Co.                                                                                | WFC 3.9 PERP                         | CUSIP: 949746TD3<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    343000 | PA      | $340960.59    | 0.11%             | 2169-03-15      | Fixed         | 3.90%                 | No            | 2                  | On Loan: No      |
| Dominican Republic                                                                               | DOMREP 4 7/8 09/23/32                | CUSIP: 25714PEF1<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    311000 | PA      | $298668.85    | 0.10%             | 2032-09-23      | Fixed         | 4.88%                 | Yes           | 2                  | On Loan: No      |
| Construction Partners                                                                            | ROAD TL B 1L USD                     | CUSIP: 21043XAH5<br>LEI: 549300MHLFL4E8JLZU44 | Long             | LON              | CORP              | US        |    238200 | PA      | $238944.38    | 0.08%             | 2031-10-29      | Variable      | 6.83%                 | No            | 2                  | On Loan: No      |
| ENEL Finance International N.V.                                                                  | ENELIM 7 1/2 10/14/32                | CUSIP: 29278GBA5<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |    235000 | PA      | $271053.80    | 0.09%             | 2032-10-14      | Fixed         | 7.50%                 | Yes           | 2                  | On Loan: No      |
| CPS AUTO RECEIVABLES TR 2025-B                                                                   | CPS 2025-B C                         | CUSIP: 12630SAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    675000 | PA      | $678220.83    | 0.22%             | 2031-07-15      | Fixed         | 5.12%                 | Yes           | 2                  | On Loan: No      |
| MFA TRUST 2022-INV2                                                                              | MFRA 2022-INV2 A1                    | CUSIP: 55285UAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    635635 | PA      | $634332.59    | 0.21%             | 2057-07-25      | Floating      | 4.95%                 | Yes           | 2                  | On Loan: No      |
| Saudi Arabian Oil Company                                                                        | ARAMCO 5 1/4 07/17/34                | CUSIP: 80414L2N4<br>LEI: 5586006WD91QHB7J4X50 | Long             | DBT              | CORP              | SA        |    368000 | PA      | $381100.43    | 0.12%             | 2034-07-17      | Fixed         | 5.25%                 | Yes           | 2                  | On Loan: No      |
| Avolon Holdings Funding Ltd.                                                                     | AVOL 5 3/4 11/15/29                  | CUSIP: 05401AAV3<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |    647000 | PA      | $670945.52    | 0.22%             | 2029-11-15      | Fixed         | 5.75%                 | Yes           | 2                  | On Loan: No      |
| Kenya (Republic of)                                                                              | KENINT 7 7/8 10/09/33                | CUSIP: 491798AP9<br>LEI: 549300VVURQQYU45PR87 | Long             | DBT              | NUSS              | KE        |    145000 | PA      | $142128.59    | 0.05%             | 2033-10-09      | Fixed         | 7.88%                 | Yes           | 2                  | On Loan: No      |
| INEOS Quattro Finance 2 PLC                                                                      | STYRO 9 5/8 03/15/29                 | CUSIP: 45674GAB0<br>LEI: 213800V48W4Y5MT5Q131 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $187688.00    | 0.06%             | 2029-03-15      | Fixed         | 9.62%                 | Yes           | 2                  | On Loan: No      |
| HIN TIMESHARE TRUST 2020-A                                                                       | HINTT 2020-A C                       | CUSIP: 40439HAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     34884 | PA      | $34201.43     | 0.01%             | 2039-10-09      | Fixed         | 3.42%                 | Yes           | 2                  | On Loan: No      |
| Live Nation                                                                                      | LYV TL B 1L USD                      | CUSIP: 53803HAY6<br>LEI: 5493007B9BM9ZXJINO78 | Long             | LON              | CORP              | US        |    225000 | PA      | $225281.25    | 0.07%             | 2032-10-19      | Variable      | 6.09%                 | No            | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD3238                            | CUSIP: 3132DQS31<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    514587 | PA      | $522302.11    | 0.17%             | 2052-12-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Sazerac Company                                                                                  | SAZECO TL B 1L USD                   | CUSIP: 80583EAN6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    125000 | PA      | $125820.00    | 0.04%             | 2032-06-25      | Variable      | 6.81%                 | No            | 2                  | On Loan: No      |
| StandardAero Aviation Holdings                                                                   | DAEAVI TL B1 1L USD                  | CUSIP: 26812CAN6<br>LEI: 549300L1RCRPOAUCB870 | Long             | LON              | CORP              | US        |    225644 | PA      | $226278.42    | 0.07%             | 2031-10-27      | Variable      | 6.33%                 | No            | 2                  | On Loan: No      |
| Post Holdings Inc.                                                                               | POST 6 3/8 03/01/33                  | CUSIP: 737446AV6<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |    190000 | PA      | $192911.37    | 0.06%             | 2033-03-01      | Fixed         | 6.38%                 | Yes           | 2                  | On Loan: —       |
| RFR TRUST 2025-SGRM                                                                              | RFR 2025-SGRM A                      | CUSIP: 74984NAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    560000 | PA      | $572583.70    | 0.19%             | 2029-03-11      | Floating      | 5.38%                 | Yes           | 2                  | On Loan: No      |
| Ford Motor Credit Company LLC                                                                    | F 6.054 11/05/31                     | CUSIP: 345397G31<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |     89000 | PA      | $90942.95     | 0.03%             | 2031-11-05      | Fixed         | 6.05%                 | No            | 2                  | On Loan: No      |
| ACM AUTO TRUST 2025-2                                                                            | ACMAT 2025-2A A                      | CUSIP: 00161TAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    481735 | PA      | $480299.95    | 0.16%             | 2028-06-20      | Fixed         | 5.55%                 | Yes           | 2                  | On Loan: No      |
| Indonesia (Republic of)                                                                          | INDON 4.55 01/11/28                  | CUSIP: 455780DQ6<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |    200000 | PA      | $201986.05    | 0.07%             | 2028-01-11      | Fixed         | 4.55%                 | No            | 2                  | On Loan: No      |
| Energizer Holdings                                                                               | ENR TL B 1L USD                      | CUSIP: 29267YAW2<br>LEI: 5493000D6NN0V57UME20 | Long             | LON              | CORP              | US        |     98587 | PA      | $98895.30     | 0.03%             | 2032-03-13      | Variable      | 6.33%                 | No            | 2                  | On Loan: No      |
| PacifiCorp.                                                                                      | BRKHEC 5.8 01/15/55                  | CUSIP: 695114DE5<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |    265000 | PA      | $258253.25    | 0.08%             | 2055-01-15      | Fixed         | 5.80%                 | No            | 2                  | On Loan: No      |
| Truist Financial Corp.                                                                           | TFC 5.867 06/08/34                   | CUSIP: 89788MAP7<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |    515000 | PA      | $545207.55    | 0.18%             | 2034-06-08      | Fixed         | 5.87%                 | No            | 2                  | On Loan: No      |
| Sempra Infrastructure Partners LP                                                                | SRE 3 1/4 01/15/32                   | CUSIP: 81685VAA1<br>LEI: 549300L0B3MD11PUAA07 | Long             | DBT              | CORP              | US        |    398000 | PA      | $353689.21    | 0.11%             | 2032-01-15      | Fixed         | 3.25%                 | Yes           | 2                  | On Loan: No      |
| Indonesia (Republic of)                                                                          | INDON 4 3/4 09/10/34                 | CUSIP: 455780DX1<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |    156000 | PA      | $156933.81    | 0.05%             | 2034-09-10      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| Service Properties Trust                                                                         | SVC 4.95 02/15/27                    | CUSIP: 44106MAW2<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |     75000 | PA      | $74790.43     | 0.02%             | 2027-02-15      | Fixed         | 4.95%                 | No            | 2                  | On Loan: No      |
| CVS Health Corp                                                                                  | CVS 6 3/4 12/10/54                   | CUSIP: 126650EG1<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    306000 | PA      | $318323.23    | 0.10%             | 2054-12-10      | Fixed         | 6.75%                 | No            | 2                  | On Loan: No      |
| DT AUTO OWNER TRUST 2023-3                                                                       | DTAOT 2023-3A C                      | CUSIP: 23345WAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    195000 | PA      | $196995.84    | 0.06%             | 2029-05-15      | Fixed         | 6.40%                 | Yes           | 2                  | On Loan: No      |
| El Salvador (Republic of)                                                                        | ELSALV 7.65 06/15/35                 | CUSIP: P01012AN6<br>LEI: 529900AKDMUSFSDOM949 | Long             | DBT              | NUSS              | SV        |    141000 | PA      | $146922.68    | 0.05%             | 2035-06-15      | Fixed         | 7.65%                 | Yes           | 2                  | On Loan: No      |
| WESTLAKE AUTOMOBILE RECEIVABLES TRUST 2025-3                                                     | WLAKE 2025-3A A3                     | CUSIP: 96043QAD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    900000 | PA      | $899841.87    | 0.29%             | 2029-06-15      | Fixed         | 4.22%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FA1378                            | CUSIP: 3140W1Q89<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3647712 | PA      | $3471089.86   | 1.13%             | 2055-03-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Flagship Credit Auto Trst                                                                        | FCAT 2024-1 C                        | CUSIP: 33843VAJ2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    330000 | PA      | $326401.65    | 0.11%             | 2030-02-15      | Fixed         | 5.79%                 | Yes           | 2                  | On Loan: No      |
| Prudential Financial, Inc.                                                                       | PRU 5 1/8 03/01/52                   | CUSIP: 744320BJ0<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |    104000 | PA      | $103736.56    | 0.03%             | 2052-03-01      | Fixed         | 5.12%                 | No            | 2                  | On Loan: No      |
| Stellantis Finance Us Inc                                                                        | STLA 6.45 03/18/35                   | CUSIP: 85855CAL4<br>LEI: 549300QZ0AI8Q7LNON33 | Long             | DBT              | CORP              | US        |    344000 | PA      | $357551.71    | 0.12%             | 2035-03-18      | Fixed         | 6.45%                 | Yes           | 2                  | On Loan: No      |
| TransDigm                                                                                        | TDG TL J 1L USD                      | CUSIP: 89364MCA0<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |    191718 | PA      | $192194.21    | 0.06%             | 2031-02-28      | Variable      | 6.80%                 | No            | 2                  | On Loan: No      |
| Allianz SE                                                                                       | ALVGR 6.35 09/06/53                  | CUSIP: 018820AC4<br>LEI: 529900K9B0N5BT694847 | Long             | DBT              | CORP              | DE        |    209000 | PA      | $225157.58    | 0.07%             | 2053-09-06      | Fixed         | 6.35%                 | Yes           | 2                  | On Loan: No      |
| COLT 2022-5 MORTGAGE LOAN TRUST                                                                  | COLT 2022-5 A1                       | CUSIP: 19688LAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    960266 | PA      | $960271.19    | 0.31%             | 2067-04-25      | Floating      | 4.55%                 | Yes           | 2                  | On Loan: No      |
| Dominion Energy Inc                                                                              | D 7 06/01/54                         | CUSIP: 25746UDU0<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |    205000 | PA      | $224119.53    | 0.07%             | 2054-06-01      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| Iqvia Inc                                                                                        | IQV 6 1/4 06/01/32                   | CUSIP: 46266TAG3<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |    300000 | PA      | $313054.20    | 0.10%             | 2032-06-01      | Fixed         | 6.25%                 | Yes           | 2                  | On Loan: No      |
| Columbia Pipelines Operating Co. LLC                                                             | CPGX 5.439 02/15/35                  | CUSIP: 19828TAG1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    552000 | PA      | $564919.52    | 0.18%             | 2035-02-15      | Fixed         | 5.44%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                                                            | FN 735061                            | CUSIP: 31402QTS0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      5253 | PA      | $5525.12      | 0.00%             | 2034-11-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                                                            | FN FS8791                            | CUSIP: 3140XQXV4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1182238 | PA      | $1212364.26   | 0.39%             | 2054-08-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Ferrellgas, L.P. / Ferrellgas Finance Corp.                                                      | FGP 5 7/8 04/01/29                   | CUSIP: 315289AC2<br>LEI: 549300EW667UKOZLEW85 | Long             | DBT              | CORP              | US        |    445000 | PA      | $423392.09    | 0.14%             | 2029-04-01      | Fixed         | 5.88%                 | Yes           | 2                  | On Loan: No      |
| Global Infrastructure Solutions Inc.                                                             | GOINSO 7 1/2 04/15/32                | CUSIP: 37960XAB3<br>LEI: 2549003BGLQITAJ6ZT28 | Long             | DBT              | CORP              | US        |    140000 | PA      | $146715.50    | 0.05%             | 2032-04-15      | Fixed         | 7.50%                 | Yes           | 2                  | On Loan: No      |
| Dominion Energy Inc                                                                              | D 6.2 02/15/56                       | CUSIP: 25746UEA3<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |    295000 | PA      | $297936.01    | 0.10%             | 2056-02-15      | Fixed         | 6.20%                 | No            | 2                  | On Loan: No      |
| Amentum (AECOM management business)                                                              | AECMAN TL B 1L USD                   | CUSIP: 02351XAB4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    147850 | PA      | $147997.43    | 0.05%             | 2031-07-30      | Variable      | 6.58%                 | No            | 2                  | On Loan: No      |
| Rocket Companies Inc                                                                             | RKT 6 3/8 08/01/33                   | CUSIP: 77311WAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    255000 | PA      | $265949.19    | 0.09%             | 2033-08-01      | Fixed         | 6.38%                 | Yes           | 2                  | On Loan: No      |
| Santander Drive Auto Receivables Trust 2022-5                                                    | SDART 2022-5 C                       | CUSIP: 80287HAE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     76716 | PA      | $76767.22     | 0.02%             | 2028-10-15      | Fixed         | 4.74%                 | No            | 2                  | On Loan: No      |
| UPX HIL 2025-1 ISSUER TRUST                                                                      | UPXHI 2025-1 A                       | CUSIP: 916925AA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    649741 | PA      | $651933.23    | 0.21%             | 2047-01-25      | Fixed         | 5.16%                 | Yes           | 2                  | On Loan: No      |
| BX TRUST 2022-CLS                                                                                | BX 2022-CLS A                        | CUSIP: 05609XAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    510000 | PA      | $513870.39    | 0.17%             | 2027-10-13      | Fixed         | 5.76%                 | Yes           | 2                  | On Loan: No      |
| PETRONAS Capital Ltd.                                                                            | PETMK 5.848 04/03/55                 | CUSIP: 716743AX7<br>LEI: 549300G7YFX3540OYR85 | Long             | DBT              | CORP              | MY        |    241000 | PA      | $257494.89    | 0.08%             | 2055-04-03      | Fixed         | 5.85%                 | Yes           | 2                  | On Loan: No      |
| Banco Mercantil Del Norte SA Cayman Islands Branch                                               | BANORT 8 3/8 PERP                    | CUSIP: 05971PAD0<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |    108000 | PA      | $113088.20    | 0.04%             | 2174-11-20      | Fixed         | 8.38%                 | Yes           | 2                  | On Loan: No      |
| Herc Holdings Inc                                                                                | HRI 7 1/4 06/15/33                   | CUSIP: 42704LAG9<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |    100000 | PA      | $105505.40    | 0.03%             | 2033-06-15      | Fixed         | 7.25%                 | Yes           | 2                  | On Loan: —       |
| MFA 2020-NQM3 TRUST                                                                              | MFRA 2020-NQM3 A1                    | CUSIP: 552757AA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     94006 | PA      | $89539.58     | 0.03%             | 2065-01-26      | Floating      | 1.01%                 | Yes           | 2                  | On Loan: No      |
| Angola (Republic of)                                                                             | ANGOL 8 11/26/29                     | CUSIP: 035198AD2<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |    167000 | PA      | $160027.53    | 0.05%             | 2029-11-26      | Fixed         | 8.00%                 | Yes           | 2                  | On Loan: No      |
| Playtika                                                                                         | PLTK TL B 1L USD                     | CUSIP: 72814CAF5<br>LEI: 254900E35Z4TKA4UFG64 | Long             | LON              | CORP              | US        |    269295 | PA      | $263860.67    | 0.09%             | 2028-03-05      | Variable      | 7.94%                 | No            | 2                  | On Loan: No      |
| REACH ABS TR 2022-2                                                                              | REACH 2025-2A B                      | CUSIP: 75525QAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    670000 | PA      | $674981.52    | 0.22%             | 2032-08-18      | Fixed         | 5.12%                 | Yes           | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FR SD2026                            | CUSIP: 3132DPHB7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1935619 | PA      | $1936101.40   | 0.63%             | 2052-11-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Liberty Mutual Group, Inc.                                                                       | LIBMUT 4 1/8 12/15/51                | CUSIP: 53079EBM5<br>LEI: QUR0DG15Z6FFGYCHH861 | Long             | DBT              | CORP              | US        |    515000 | PA      | $503483.94    | 0.16%             | 2051-12-15      | Fixed         | 4.12%                 | Yes           | 2                  | On Loan: No      |
| Reinsurance Group of America, Incorporated                                                       | RGA 6.65 09/15/55                    | CUSIP: 759351AT6<br>LEI: LORM1GNEU1DKEW527V90 | Long             | DBT              | CORP              | US        |    610000 | PA      | $637245.65    | 0.21%             | 2055-09-15      | Fixed         | 6.65%                 | No            | 2                  | On Loan: No      |
| New Residential Mortgage Loan Trust                                                              | NRZT 2021-NQ2R A1                    | CUSIP: 64831EAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     21489 | PA      | $20591.07     | 0.01%             | 2058-09-25      | Floating      | 0.94%                 | Yes           | 2                  | On Loan: No      |
| Ascot Group Limited                                                                              | ASCOTG 4 1/4 12/15/30                | CUSIP: 04365XAA6<br>LEI: 213800DJV7WRJBE2II28 | Long             | DBT              | CORP              | BM        |    425000 | PA      | $392458.49    | 0.13%             | 2030-12-15      | Fixed         | 4.25%                 | Yes           | 2                  | On Loan: No      |
| HINNT 2025-A LLC                                                                                 | HINTT 2025-A B                       | CUSIP: 433403AB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    406905 | PA      | $411334.29    | 0.13%             | 2044-03-15      | Fixed         | 5.45%                 | Yes           | 2                  | On Loan: No      |
| MSSG Trust 2017-237P                                                                             | MSSG 2017-237P A                     | CUSIP: 55375KAS5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    880000 | PA      | $837976.39    | 0.27%             | 2039-09-13      | Fixed         | 3.40%                 | Yes           | 2                  | On Loan: No      |
| Goldman Sachs Group, Inc.                                                                        | GS 5.33 07/23/35                     | CUSIP: 38141GB37<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    203000 | PA      | $209002.06    | 0.07%             | 2035-07-23      | Fixed         | 5.33%                 | No            | 2                  | On Loan: No      |
| CSC Holdings, LLC                                                                                | CSCHLD 11 3/4 01/31/29               | CUSIP: 126307BN6<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    200000 | PA      | $158072.86    | 0.05%             | 2029-01-31      | Fixed         | 11.75%                | Yes           | 2                  | On Loan: No      |
| SS&C Technologies                                                                                | SSNC TL B8 1L USD                    | CUSIP: 78466DBJ2<br>LEI: 529900POY8H7NPPNKK71 | Long             | LON              | CORP              | US        |    150000 | PA      | $150500.25    | 0.05%             | 2031-05-09      | Variable      | 7.34%                 | No            | 2                  | On Loan: No      |
| AMN Healthcare Inc.                                                                              | AMN 6 1/2 01/15/31                   | CUSIP: 00175PAD5<br>LEI: 549300H27NUKBFFQEE84 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5011.99      | 0.00%             | 2031-01-15      | Fixed         | 6.50%                 | Yes           | 2                  | On Loan: No      |
| NGL Energy Operating LLC/ NGL Energy Finance Corp                                                | NGL 8 1/8 02/15/29                   | CUSIP: 62922LAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $51199.05     | 0.02%             | 2029-02-15      | Fixed         | 8.12%                 | Yes           | 2                  | On Loan: No      |
| Morocco (Kingdom of)                                                                             | MOROC 3 12/15/32                     | CUSIP: 617726AL8<br>LEI: 529900F3MBW9XY5K1X07 | Long             | DBT              | NUSS              | MA        |    157000 | PA      | $139026.09    | 0.05%             | 2032-12-15      | Fixed         | 3.00%                 | Yes           | 2                  | On Loan: No      |
| CASTLELAKE AIRCRAFT STRUCTURED TRUS                                                              | CLAST 2025-1A A                      | CUSIP: 14856VAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    426453 | PA      | $434138.03    | 0.14%             | 2050-02-15      | Fixed         | 5.78%                 | Yes           | 2                  | On Loan: No      |
| ANGEL OAK MORTGAGE TRUST 2023-1                                                                  | AOMT 2023-1 A1                       | CUSIP: 03465WAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    758588 | PA      | $755173.32    | 0.25%             | 2067-09-26      | Floating      | 4.75%                 | Yes           | 2                  | On Loan: No      |
| Veralto Corp.                                                                                    | VLTO 5.45 09/18/33                   | CUSIP: 92338CAF0<br>LEI: 635400FJE6GSOJUSNY27 | Long             | DBT              | CORP              | US        |    699000 | PA      | $731557.89    | 0.24%             | 2033-09-18      | Fixed         | 5.45%                 | No            | 2                  | On Loan: No      |
| Costar Group Inc                                                                                 | CSGP 2.8 07/15/30                    | CUSIP: 22160NAA7<br>LEI: 984500Q1D53D08E2E698 | Long             | DBT              | CORP              | US        |    591000 | PA      | $539945.64    | 0.18%             | 2030-07-15      | Fixed         | 2.80%                 | Yes           | 2                  | On Loan: No      |
| 180 Medical Inc.                                                                                 | CTECLN 5.3 10/08/35                  | CUSIP: 682357AB4<br>LEI: 254900ZB648OPWVFVX59 | Long             | DBT              | CORP              | US        |    755000 | PA      | $748643.13    | 0.24%             | 2035-10-08      | Fixed         | 5.30%                 | Yes           | 2                  | On Loan: No      |
| Medline Industries                                                                               | MEDIND TL B 1L USD                   | CUSIP: 58503UAJ2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    204739 | PA      | $205052.11    | 0.07%             | 2030-10-25      | Variable      | 6.35%                 | No            | 2                  | On Loan: No      |
| Societe Generale S.A.                                                                            | SOCGEN 6.066 01/19/35                | CUSIP: 83368RBX9<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |    610000 | PA      | $640989.00    | 0.21%             | 2035-01-19      | Fixed         | 6.07%                 | Yes           | 2                  | On Loan: No      |
| MFA TRUST 2022-INV1                                                                              | MFRA 2022-INV1 A1                    | CUSIP: 55284TAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    786078 | PA      | $775276.07    | 0.25%             | 2066-04-25      | Floating      | 3.91%                 | Yes           | 2                  | On Loan: No      |
| Aqua Finance Trust 2019-A                                                                        | AQFIT 2019-A C                       | CUSIP: 038370AC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    118370 | PA      | $116014.02    | 0.04%             | 2040-07-16      | Fixed         | 4.01%                 | Yes           | 2                  | On Loan: No      |
| Bbcms Mortgage Trust 2018-CBM                                                                    | BBCMS 2018-CBM A                     | CUSIP: 05549RAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    613000 | PA      | $598828.36    | 0.19%             | 2037-07-15      | Floating      | 5.33%                 | Yes           | 2                  | On Loan: No      |
| Huntington Bancshares Incorporated                                                               | HBAN 5.709 02/02/35                  | CUSIP: 446150BD5<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |    475000 | PA      | $493035.04    | 0.16%             | 2035-02-02      | Fixed         | 5.71%                 | No            | 2                  | On Loan: No      |
| CIM TRUST 2022-R2                                                                                | CIM 2022-R2 A1                       | CUSIP: 12567NAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    640957 | PA      | $613153.30    | 0.20%             | 2061-12-25      | Floating      | 3.75%                 | Yes           | 2                  | On Loan: No      |
| Clarios Global LP / Clarios US Finance Company Inc                                               | POWSOL 6 3/4 02/15/30                | CUSIP: 18060TAD7<br>LEI: 549300474L1ZLXZY2P98 | Long             | DBT              | CORP              | CA        |     15000 | PA      | $15560.55     | 0.01%             | 2030-02-15      | Fixed         | 6.75%                 | Yes           | 2                  | On Loan: No      |
| Citadel Enterprise                                                                               | CITSEC TL B 1L USD                   | CUSIP: 17288YAN2<br>LEI: 549300NV5RXBUS3X7L47 | Long             | LON              | CORP              | US        |    187183 | PA      | $187966.85    | 0.06%             | 2031-10-24      | Variable      | 6.33%                 | No            | 2                  | On Loan: No      |
| Federal National Mortgage Association                                                            | FN BJ9260                            | CUSIP: 3140HBJE9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     61686 | PA      | $59649.73     | 0.02%             | 2048-04-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Morgan Stanley                                                                                   | MS 5 1/4 04/21/34                    | CUSIP: 61747YFE0<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    454000 | PA      | $468566.07    | 0.15%             | 2034-04-21      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| ROCK TR 2024-CNTR                                                                                | ROCC 2024-CNTR A                     | CUSIP: 74970WAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    170000 | PA      | $174563.72    | 0.06%             | 2041-11-13      | Fixed         | 5.39%                 | Yes           | 2                  | On Loan: No      |
| DP World Ltd.                                                                                    | DPWDU 6.85 07/02/37                  | CUSIP: 23330JAA9<br>LEI: 549300M3U2DNF4QVSS04 | Long             | DBT              | CORP              | AE        |    128000 | PA      | $147560.11    | 0.05%             | 2037-07-02      | Fixed         | 6.85%                 | Yes           | 2                  | On Loan: No      |
| JPMorgan Chase & Co.                                                                             | JPM 6.254 10/23/34                   | CUSIP: 46647PDY9<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    195000 | PA      | $214719.27    | 0.07%             | 2034-10-23      | Fixed         | 6.25%                 | No            | 2                  | On Loan: No      |
| Kodiak Gas Services LLC                                                                          | KGS 6 3/4 10/01/35                   | CUSIP: 50012LAE4<br>LEI: 549300ZQBRWEUOVOM131 | Long             | DBT              | CORP              | US        |    180000 | PA      | $185487.30    | 0.06%             | 2035-10-01      | Fixed         | 6.75%                 | Yes           | 2                  | On Loan: No      |
| BRIDGECREST LENDING AUTO SECURITIZA                                                              | BLAST 2025-2 D                       | CUSIP: 10807HAF3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    560000 | PA      | $564350.19    | 0.18%             | 2031-03-17      | Fixed         | 5.62%                 | No            | 2                  | On Loan: No      |
| Brazil (Federative Republic)                                                                     | BRAZIL 6 10/20/33                    | CUSIP: 105756CF5<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    441000 | PA      | $452025.00    | 0.15%             | 2033-10-20      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| DT Midstream Inc                                                                                 | DTMINC 4 3/8 06/15/31                | CUSIP: 23345MAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    738000 | PA      | $716095.04    | 0.23%             | 2031-06-15      | Fixed         | 4.38%                 | Yes           | 2                  | On Loan: No      |
| Energy Transfer LP                                                                               | ET 6 1/2 PERP                        | CUSIP: 29273VAN0<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    175000 | PA      | $175982.10    | 0.06%             | 2169-11-15      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Hungary (Republic Of)                                                                            | REPHUN 6 1/4 09/22/32                | CUSIP: 445545AS5<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |    220000 | PA      | $237356.35    | 0.08%             | 2032-09-22      | Fixed         | 6.25%                 | Yes           | 2                  | On Loan: No      |
| JP Morgan Mortgage Trust                                                                         | JPMMT 2017-4 A3                      | CUSIP: 46648UAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    614508 | PA      | $560347.90    | 0.18%             | 2048-11-25      | Floating      | 3.50%                 | Yes           | 2                  | On Loan: No      |
| Jp Morgan Mtg Tr 2017-5                                                                          | JPMMT 2017-5 A1                      | CUSIP: 46590YAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      5537 | PA      | $5591.47      | 0.00%             | 2047-12-15      | Floating      | 4.97%                 | Yes           | 2                  | On Loan: No      |
| Booz Allen Hamilton Inc                                                                          | BAH 5.95 08/04/33                    | CUSIP: 09951LAC7<br>LEI: 549300D7XCH2480XU542 | Long             | DBT              | CORP              | US        |    209000 | PA      | $218470.39    | 0.07%             | 2033-08-04      | Fixed         | 5.95%                 | No            | 2                  | On Loan: —       |
| United States Treasury Bonds                                                                     | T 4 5/8 02/15/55                     | CUSIP: 912810UG1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   6235000 | PA      | $6186289.06   | 2.01%             | 2055-02-15      | Fixed         | 4.62%                 | No            | 2                  | On Loan: No      |
| Texas Capital Bancshares, Inc.                                                                   | TCBI 4 05/06/31                      | CUSIP: 88224QAA5<br>LEI: 549300466Q2SXRX0YM48 | Long             | DBT              | CORP              | US        |    200000 | PA      | $196763.78    | 0.06%             | 2031-05-06      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| BrightView Landscapes (fka Brickman)                                                             | BRKMAN TL B 1L USD                   | CUSIP: 10801XAL1<br>LEI: 549300OSAEQC89PVOW06 | Long             | LON              | CORP              | US        |    295000 | PA      | $295368.75    | 0.10%             | 2029-04-20      | Variable      | 6.31%                 | No            | 2                  | On Loan: No      |
| Ascent Resources Utica Holdings LLC / ARU Finance Corp                                           | ASCRES 6 5/8 07/15/33                | CUSIP: 04364VBA0<br>LEI: 549300EGLQ2M2CL7JZ89 | Long             | DBT              | CORP              | US        |    275000 | PA      | $280171.10    | 0.09%             | 2033-07-15      | Fixed         | 6.62%                 | Yes           | 2                  | On Loan: No      |
| Mega Broadband Investments Holdings                                                              | MEGBRO TL B 1L USD                   | CUSIP: 26943PAB5<br>LEI: 254900W09ZHD1OM4I757 | Long             | LON              | CORP              | US        |    274280 | PA      | $270948.97    | 0.09%             | 2027-11-12      | Variable      | 7.56%                 | No            | 2                  | On Loan: No      |
| Sofi Consumer Ln Program 2016-5 Llc                                                              | SCLP 2025-1 A                        | CUSIP: 83406YAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    301232 | PA      | $301819.02    | 0.10%             | 2034-02-27      | Fixed         | 4.80%                 | Yes           | 2                  | On Loan: No      |
| Flex Intermediate Holdco LLC                                                                     | FLEXIH 3.363 06/30/31                | CUSIP: 33939HAA7<br>LEI: 549300290TQIGM30A243 | Long             | DBT              | CORP              | US        |    654000 | PA      | $600565.92    | 0.19%             | 2031-06-30      | Fixed         | 3.36%                 | Yes           | 2                  | On Loan: No      |
| MSCI Inc.                                                                                        | MSCI 3 5/8 09/01/30                  | CUSIP: 55354GAK6<br>LEI: 549300HTIN2PD78UB763 | Long             | DBT              | CORP              | US        |    578000 | PA      | $549782.03    | 0.18%             | 2030-09-01      | Fixed         | 3.62%                 | Yes           | 2                  | On Loan: No      |
| Flagstar Mtg Tr 2017-1                                                                           | FSMT 2017-1 1A3                      | CUSIP: 33850BAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     18189 | PA      | $16866.77     | 0.01%             | 2047-03-25      | Floating      | 3.50%                 | Yes           | 2                  | On Loan: No      |
| Federal National Mortgage Association                                                            | FN AS7026                            | CUSIP: 3138WGYY4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     38064 | PA      | $36864.71     | 0.01%             | 2046-04-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Brazil (Federative Republic)                                                                     | BRAZIL 7 1/4 01/12/56                | CUSIP: 105756CN8<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |     56000 | PA      | $56716.80     | 0.02%             | 2056-01-12      | Fixed         | 7.25%                 | No            | 2                  | On Loan: No      |
| AFFIRM ASSET SECURITIZATION TRUST 2                                                              | AFFRM 2024-X2 A                      | CUSIP: 00833QAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     43846 | PA      | $43874.57     | 0.01%             | 2029-12-17      | Fixed         | 5.22%                 | Yes           | 2                  | On Loan: No      |
| Del Monte Foods Inc                                                                              | DELMFD TL 1L USD                     | CUSIP: 24521WAC3<br>LEI: 549300U9K7TD84Q24R17 | Long             | LON              | CORP              | US        |     52259 | PA      | $2286.35      | 0.00%             | 2028-08-02      | Variable      | 8.57%                 | No            | 2                  | On Loan: No      |
| Hunterstown Power Generation Facility                                                            | KESTRE TL B 1L USD                   | CUSIP: 44579UAD4<br>LEI: 549300ER0JUHJLPPMH08 | Long             | LON              | CORP              | US        |    196788 | PA      | $197264.71    | 0.06%             | 2031-11-06      | Variable      | 6.93%                 | No            | 2                  | On Loan: No      |
| Endeavor                                                                                         | EDR TL B 1L USD                      | CUSIP: 26875YAB8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     94762 | PA      | $95374.67     | 0.03%             | 2032-01-28      | Variable      | 7.16%                 | No            | 2                  | On Loan: No      |
| Amneal Pharmaceuticals Inc                                                                       | AMNPHA 6 7/8 08/01/32                | CUSIP: 03168LAA3<br>LEI: 549300VV176ZO5WQHZ61 | Long             | DBT              | CORP              | US        |     15000 | PA      | $15743.58     | 0.01%             | 2032-08-01      | Fixed         | 6.88%                 | Yes           | 2                  | On Loan: No      |
| Banco de Credito e Inversiones                                                                   | BCICI 7 1/2 PERP                     | CUSIP: 05956NAF9<br>LEI: 549300E9E5Y3PKW24142 | Long             | DBT              | CORP              | CL        |    120000 | PA      | $126571.20    | 0.04%             | 2173-12-15      | Fixed         | 7.50%                 | Yes           | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FN MA5072                            | CUSIP: 31418ET67<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    490401 | PA      | $495954.95    | 0.16%             | 2053-06-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| CCG RECEIVABLES TRUST 2024-1                                                                     | CCG 2024-1 B                         | CUSIP: 12515PAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    465000 | PA      | $473737.07    | 0.15%             | 2032-03-15      | Fixed         | 5.08%                 | Yes           | 2                  | On Loan: No      |
| Turkey (Republic of)                                                                             | TURKEY 6 5/8 02/17/45                | CUSIP: 900123CG3<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |     70000 | PA      | $64251.92     | 0.02%             | 2045-02-17      | Fixed         | 6.62%                 | No            | 2                  | On Loan: No      |
| Carvana Auto Receivables Trust 2019-3                                                            | CRVNA 2021-P3 B                      | CUSIP: 14687JAG4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    755000 | PA      | $737242.78    | 0.24%             | 2027-08-10      | Fixed         | 1.42%                 | No            | 2                  | On Loan: No      |
| Life Time Fitness                                                                                | LTH TL B 1L USD                      | CUSIP: 50218KAN8<br>LEI: 549300PALKE96VYH4X17 | Long             | LON              | CORP              | US        |    303167 | PA      | $303663.75    | 0.10%             | 2031-11-05      | Variable      | 6.36%                 | No            | 2                  | On Loan: No      |
| Smith & Nephew PLC                                                                               | SNLN 5.4 03/20/34                    | CUSIP: 83192PAD0<br>LEI: 213800ZTMDN8S67S1H61 | Long             | DBT              | CORP              | GB        |    776000 | PA      | $803633.24    | 0.26%             | 2034-03-20      | Fixed         | 5.40%                 | No            | 2                  | On Loan: No      |
| Lloyds Banking Group PLC                                                                         | LLOYDS 6 5/8 PERP                    | CUSIP: 539439BF5<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |     30000 | PA      | $29870.34     | 0.01%             | 2174-03-27      | Fixed         | 6.62%                 | No            | 2                  | On Loan: No      |
| D.R. Horton, Inc.                                                                                | DHI 5 1/2 10/15/35                   | CUSIP: 23331ABU2<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | DBT              | CORP              | US        |    459000 | PA      | $476479.50    | 0.15%             | 2035-10-15      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| A&D MORTGAGE TRUST 2023-NQM3                                                                     | ADMT 2023-NQM3 A1                    | CUSIP: 00249FAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    441716 | PA      | $445370.39    | 0.14%             | 2068-07-25      | Floating      | 6.73%                 | Yes           | 2                  | On Loan: No      |
| Kinder Morgan Energy Partners LP                                                                 | KMI 6.95 01/15/38                    | CUSIP: 494550AW6<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |     85000 | PA      | $95922.73     | 0.03%             | 2038-01-15      | Fixed         | 6.95%                 | No            | 2                  | On Loan: No      |
| CREDIT ACCEPTANCE AUTO LOAN TRUST 2                                                              | CAALT 2024-1A A                      | CUSIP: 22537GAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    302000 | PA      | $304750.56    | 0.10%             | 2034-03-15      | Fixed         | 5.68%                 | Yes           | 2                  | On Loan: No      |
| Viatris Inc                                                                                      | VTRS 2.3 06/22/27                    | CUSIP: 91533BAC4<br>LEI: 254900ZZTSW7NL773X71 | Long             | DBT              | CORP              | US        |       681 | PA      | $655.19       | 0.00%             | 2027-06-22      | Fixed         | 2.30%                 | Yes           | 2                  | On Loan: No      |
| Chile (Republic Of)                                                                              | CHILE 3 1/4 09/21/2071               | CUSIP: 168863DU9<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |     81000 | PA      | $51722.55     | 0.02%             | 2071-09-21      | Fixed         | 3.25%                 | No            | 2                  | On Loan: No      |
| Electricite de France SA                                                                         | EDF 6.9 05/23/53                     | CUSIP: 28504DAD5<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |    591000 | PA      | $661062.33    | 0.21%             | 2053-05-23      | Fixed         | 6.90%                 | Yes           | 2                  | On Loan: No      |
| LENDBUZZ SECURITIZATION TRUST                                                                    | LBZZ 2022-1A A                       | CUSIP: 52607KAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     21443 | PA      | $21417.89     | 0.01%             | 2027-05-17      | Fixed         | 4.22%                 | Yes           | 2                  | On Loan: No      |
| ELM TRUST 2024-ELM                                                                               | ELM 2024-ELM A10                     | CUSIP: 26860XAU5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    367000 | PA      | $370627.39    | 0.12%             | 2027-06-10      | Floating      | 5.80%                 | Yes           | 2                  | On Loan: No      |
| Blue Owl Finance Llc                                                                             | OWL 3 1/8 06/10/31                   | CUSIP: 09581JAR7<br>LEI: 254900OF2NO2GYFV5T41 | Long             | DBT              | CORP              | US        |    635000 | PA      | $575665.63    | 0.19%             | 2031-06-10      | Fixed         | 3.12%                 | No            | 2                  | On Loan: No      |
| MFA 2023-INV2 TRUST                                                                              | MFRA 2023-INV2 A1                    | CUSIP: 59319BAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    790968 | PA      | $798398.41    | 0.26%             | 2058-10-25      | Floating      | 6.77%                 | Yes           | 2                  | On Loan: No      |
| Alaska Airlines Pass Through Trust 2020-1A                                                       | ALK 4.8 08/15/27                     | CUSIP: 01166VAA7<br>LEI: PG4W4UTDTMMEBRGLO537 | Long             | ABS-O            | CORP              | US        |    328960 | PA      | $330130.67    | 0.11%             | 2027-08-15      | Fixed         | 4.80%                 | Yes           | 2                  | On Loan: No      |
| GLS AUTO RECEIVABLES ISSUER TRUST                                                                | GCAR 2021-3A E                       | CUSIP: 36263LAJ8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    565000 | PA      | $558046.15    | 0.18%             | 2028-10-16      | Fixed         | 3.20%                 | Yes           | 2                  | On Loan: No      |
| Morgan Stanley                                                                                   | MS 5.424 07/21/34                    | CUSIP: 61747YFG5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    537000 | PA      | $559310.08    | 0.18%             | 2034-07-21      | Fixed         | 5.42%                 | No            | 2                  | On Loan: No      |
| Kinder Morgan, Inc.                                                                              | KMI 5.85 06/01/35                    | CUSIP: 49456BBC4<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |    444000 | PA      | $468112.50    | 0.15%             | 2035-06-01      | Fixed         | 5.85%                 | No            | 2                  | On Loan: No      |
| Ford Motor Company                                                                               | F 4 3/4 01/15/43                     | CUSIP: 345370CQ1<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |     72000 | PA      | $57960.02     | 0.02%             | 2043-01-15      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| Romania (Republic Of)                                                                            | ROMANI 7 1/8 01/17/33                | CUSIP: 77586RAR1<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |    217000 | PA      | $234338.65    | 0.08%             | 2033-01-17      | Fixed         | 7.12%                 | Yes           | 2                  | On Loan: No      |
| ACHV 2023-1PL D MTGE 144A                                                                        | ACHV 2024-1PL A                      | CUSIP: 00092BAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     67028 | PA      | $67594.89     | 0.02%             | 2031-04-25      | Fixed         | 5.90%                 | Yes           | 2                  | On Loan: No      |
| Del Monte Foods Inc                                                                              | DELMFD TL 1L USD                     | CUSIP: 24521WAB5<br>LEI: 549300U9K7TD84Q24R17 | Long             | LON              | CORP              | US        |     38092 | PA      | $19084.26     | 0.01%             | 2028-08-02      | Variable      | 12.47%                | No            | 2                  | On Loan: No      |
| Saudi Arabia (Kingdom of)                                                                        | KSA 5 5/8 01/13/35                   | CUSIP: 80413TBL2<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |    200000 | PA      | $214406.27    | 0.07%             | 2035-01-13      | Fixed         | 5.62%                 | Yes           | 2                  | On Loan: No      |
| Sinclair Television Group, Inc.                                                                  | SBGI 8 1/8 02/15/33                  | CUSIP: 829259BH2<br>LEI: 549300CQGEN0CH65UD62 | Long             | DBT              | CORP              | US        |    305000 | PA      | $311183.88    | 0.10%             | 2033-02-15      | Fixed         | 8.12%                 | Yes           | 2                  | On Loan: No      |
| Kenya (Republic of)                                                                              | KENINT 9 3/4 02/16/31                | CUSIP: 491798AM6<br>LEI: 549300VVURQQYU45PR87 | Long             | DBT              | NUSS              | KE        |     76000 | PA      | $81927.48     | 0.03%             | 2031-02-16      | Fixed         | 9.75%                 | Yes           | 2                  | On Loan: No      |
| KeyCorp                                                                                          | KEY 6.401 03/06/35                   | CUSIP: 49326EEP4<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | DBT              | CORP              | US        |    533000 | PA      | $577494.63    | 0.19%             | 2035-03-06      | Fixed         | 6.40%                 | No            | 2                  | On Loan: No      |
| JH North America Holdings Inc.                                                                   | JHXAU 6 1/8 07/31/32                 | CUSIP: 46593WAB1<br>LEI: 254900A6FXA0D81TL967 | Long             | DBT              | CORP              | US        |    709000 | PA      | $727631.81    | 0.24%             | 2032-07-31      | Fixed         | 6.12%                 | Yes           | 2                  | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                                                 | FG G01980                            | CUSIP: 3128LXFV7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     48689 | PA      | $50026.52     | 0.02%             | 2035-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |

### Signature

**Date Signed:** 2025-11-28

**Name of Applicant:** Dunham Funds

**Signature:** James Colantino

**Name of Signer:** James Colantino

**Title:** Assistant Treasurer