# EDGAR Filing Document

**Accession Number:** 0000885709
**File Stem:** 0000940400-26-011778
**Filing Date:** 2026-3
**Character Count:** 141908
**Document Hash:** 1c8b5ba4105309ccd1998a5c509b2560
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-011778.hdr.sgml**: 20260327

**ACCESSION NUMBER**: 0000940400-26-011778

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260130

**FILED AS OF DATE**: 20260327

**DATE AS OF CHANGE**: 20260327

**PERIOD START**: 20261031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PAYDEN & RYGEL INVESTMENT GROUP
- **CENTRAL INDEX KEY:** 0000885709

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06625
- **FILM NUMBER:** 26805622

**BUSINESS ADDRESS:**
- **STREET 1:** 333 S GRAND AVE
- **STREET 2:** 40TH FL
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90071
- **BUSINESS PHONE:** 2136251900

**MAIL ADDRESS:**
- **STREET 1:** 333 S GRAND AVE
- **STREET 2:** 40TH FL
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90071

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PAYDENFUNDS
- **DATE OF NAME CHANGE:** 20010423

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PAYDEN & RYGEL INVESTMENT GROUP
- **DATE OF NAME CHANGE:** 19940104

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** P&R INVESTMENT TRUST
- **DATE OF NAME CHANGE:** 19920929

## Series and Classes Contracts Data

### Payden Managed Income Fund (Series ID: S000022678)

| Class ID   | Class Name                                       | Ticker Symbol   |
|:---|:---|:---|
| C000065580 | Payden Managed Income Fund (SI Class)            | PKBIX           |
| C000069457 | Payden Managed Income Fund (Adviser Class)       | PKCBX           |
| C000077412 | Payden Managed Income Fund (Retirement Class)    | PKCRX           |
| C000172680 | Payden Managed Income Fund (Institutional Class) | PKCIX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** PAYDEN & RYGEL INVESTMENT GROUP

- **b. Investment Company Act file number:** 811-06625

- **c. CIK number of Registrant:** 0000885709

- **d. LEI of Registrant:** 549300QJNYRKYZS3P282

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

  - **Street Address 1:** 333 South Grand Avenue

  - **City:** Los Angeles

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 90071

  - **Telephone number:** 213-625-1900

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

- **a. Name of Series:** Payden Managed Income Fund

- **b. EDGAR series identifier (if any):** S000022678

- **c. LEI of Series:** 549300E8I3EQMB6RVA07

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

- **a. Date of fiscal year-end:** 2026-10-31

- **b. Date as of which information is reported:** 2026-01-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $133434221.85

**Total Liabilities:** $15326482.54

**Net Assets:** $118107739.31

**Delayed Delivery Securities:** $2269840.00

**Cash Not Reported:** $3130433.32

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 292.00000000 | **10-Year:** 3196.00000000 | **30-Year:** 8226.00000000

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

- **3-Month:** 196.00000000 | **1-Year:** 2788.00000000 | **5-Year:** 3600.00000000 | **10-Year:** 10982.00000000 | **30-Year:** 7515.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000065580 | 0.66%                | 0.64%                | 0.61%                |
| Class ID C000069457 | 0.59%                | 0.68%                | 0.63%                |
| Class ID C000077412 | 0.64%                | 0.64%                | 0.57%                |
| Class ID C000172680 | 0.65%                | 0.58%                | 0.69%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $82582.28                | $193814.22                                 |
| Month 2  | $-670087.37              | $705247.75                                 |
| Month 3  | $113168.70               | $566945.89                                 |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| BARCLAYS PLC                                   | USD/COP FORWARD                                                           | CUSIP: 000000000<br>LEI: 213800LBQA1Y9L22JB70 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-14675.92    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| BNP PARIBAS SECURITIES CORP.                   | USD/BRL FORWARD                                                           | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-272161.55   | -0.23%            |  |  |  | No            |                  2 | On Loan: No      |
| FIBRA PROLOGIS                                 | FIBRA Prologis                                                            | CUSIP: 31575KAB1<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |    250000 | PA      | $246800.00    | 0.21%             | 2038-01-14      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Canyon Capital CLO Ltd                         | Canyon CLO 2024-2 Ltd                                                     | CUSIP: 13877CAE6<br>LEI: 254900ZRCTSW8R4GLC69 | Long             | ABS-CBDO         | CORP              | KY        |    775000 | PA      | $778005.45    | 0.66%             | 2038-01-15      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ALBANIA                            | Albania Government International Bond                                     | CUSIP: 000000000<br>LEI: 254900EDM43U3SGRND29 | Long             | DBT              | NUSS              | AL        |    100000 | PA      | $120766.81    | 0.10%             | 2035-02-14      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| GRUPO ENERGIA BOGOTA                           | Grupo Energia Bogota SA ESP                                               | CUSIP: 40053XAC3<br>LEI: 529900LG618OWYVHI655 | Long             | DBT              | CORP              | CO        |    300000 | PA      | $294286.50    | 0.25%             | 2035-10-22      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BANCO DE CREDITO DEL PER                       | Banco de Credito del Peru S.A.                                            | CUSIP: 05971U2J5<br>LEI: 549300EQYQ8SCQZ4BY14 | Long             | DBT              | CORP              | PE        |    175000 | PA      | $182708.75    | 0.15%             | 2035-07-30      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| Fortress CBO Investments Ltd                   | FORT CRE 2022-FL3 Issuer LLC                                              | CUSIP: 34706CAC3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    200836 | PA      | $201383.35    | 0.17%             | 2039-02-23      | Floating      | 5.95%                 | No            |                  2 | On Loan: No      |
| CLEARWAY ENERGY OP LLC                         | Clearway Energy Operating LLC                                             | CUSIP: 18539UAG0<br>LEI: 549300Z3NFMM54NWBB87 | Long             | DBT              | CORP              | US        |    375000 | PA      | $376543.33    | 0.32%             | 2034-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BOMBARDIER INC                                 | Bombardier Inc                                                            | CUSIP: 097751CD1<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $105164.20    | 0.09%             | 2033-06-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| BX Trust                                       | BX Trust 2025-VLT7                                                        | CUSIP: 123913AG0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    400000 | PA      | $403400.96    | 0.34%             | 2044-07-15      | Floating      | 6.93%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ECUADOR                            | Ecuador Government International Bond                                     | CUSIP: 000000000<br>LEI: 5299003Y2U5XK0A35H71 | Long             | DBT              | NUSS              | EC        |    300000 | PA      | $274200.00    | 0.23%             | 2035-07-31      | Variable      | 6.90%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS SECURITIES CORP.                   | USD/HUF FORWARD                                                           | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | N/A              | DFE              | CORP              | US        |         1 | NC      | $24493.26     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Woodward Capital Management                    | RCKT Mortgage Trust 2025-CES6                                             | CUSIP: 748949AA2<br>LEI: 2549002LEW4WNQBOMB89 | Long             | ABS-MBS          | CORP              | US        |    360227 | PA      | $364521.00    | 0.31%             | 2055-06-25      | Variable      | 5.47%                 | No            |                  2 | On Loan: No      |
| TORY Commercial Mortgage Trust                 | TORY Commercial Mortgage Trust 2026-HGTS                                  | CUSIP: 89148WAE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $250421.65    | 0.21%             | 2046-01-13      | Variable      | 5.45%                 | No            |                  2 | On Loan: No      |
| ENERGUATE TRUST 2 0                            | Energuate Trust 2 0                                                       | CUSIP: 29277RAB1<br>LEI: 2549000ZL9MU01FZK194 | Long             | DBT              | CORP              | KY        |    250000 | PA      | $250035.48    | 0.21%             | 2035-09-15      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| MUTHOOT FINANCE LTD                            | Muthoot Finance Ltd                                                       | CUSIP: 62828L2F9<br>LEI: 335800HAMJMBFL4RRF02 | Long             | DBT              | CORP              | IN        |    400000 | PA      | $401000.00    | 0.34%             | 2030-08-04      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trus                 | BRAVO Residential Funding Trust 2025-NQM6                                 | CUSIP: 10570MAF7<br>LEI: 254900U9H6FFPW4O4S55 | Long             | ABS-MBS          | CORP              | US        |    475000 | PA      | $481946.12    | 0.41%             | 2065-06-25      | Variable      | 6.03%                 | No            |                  2 | On Loan: No      |
| IVORY COAST                                    | Ivory Coast Government International Bond                                 | CUSIP: 000000000<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |    350000 | PA      | $409511.09    | 0.35%             | 2032-01-30      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| C&W SENIOR FINANCE LTD                         | C&W Senior Finance Ltd                                                    | CUSIP: 12665MAA0<br>LEI: 213800CG16G1YMJRCG10 | Long             | DBT              | CORP              | KY        |    250000 | PA      | $260321.00    | 0.22%             | 2033-01-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                     | Verus Securitization Trust 2025-8                                         | CUSIP: 924930AG5<br>LEI: 213800K8E68XJS6Z1D09 | Long             | ABS-MBS          | CORP              | US        |    427549 | PA      | $428872.37    | 0.36%             | 2070-09-25      | Variable      | 5.22%                 | No            |                  2 | On Loan: No      |
| CPPIB OVM MEMBER US LLC                        | CPPIB OVM MEMBER US LLC                                                   | CUSIP: 12673CAB0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    148126 | PA      | $148482.66    | 0.13%             | 2031-08-20      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF TURKIYE                            | Turkiye Government International Bond                                     | CUSIP: 900123DU1<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    400000 | PA      | $396559.31    | 0.34%             | 2038-01-14      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS SECURITIES CORP.                   | ZAR/USD FORWARD                                                           | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-68629.39    | -0.06%            |  |  |  | No            |                  2 | On Loan: No      |
| ROMANIA                                        | Romanian Government International Bond                                    | CUSIP: 77586RAY6<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |    130000 | PA      | $134238.00    | 0.11%             | 2030-09-16      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Woodward Capital Management                    | Rckt Mortgage Trust 2025-CES4                                             | CUSIP: 74937YAA6<br>LEI: 254900VY2F6O6C6XTD40 | Long             | ABS-MBS          | CORP              | US        |    391067 | PA      | $397635.01    | 0.34%             | 2055-04-25      | Variable      | 5.81%                 | No            |                  2 | On Loan: No      |
| ARTEMIS GOLD INC                               | Artemis Gold Inc                                                          | CUSIP: 04302LAB6<br>LEI: 529900GXBX7DGL5YMO49 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $111927.44    | 0.09%             | 2031-02-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| KIER GROUP PLC                                 | Kier Group PLC                                                            | CUSIP: 000000000<br>LEI: 2138002RKCU2OM4Y7O48 | Long             | DBT              | CORP              | GB        |    350000 | PA      | $502765.80    | 0.43%             | 2029-02-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| CIA DE MINAS BUENAVENTUR                       | Cia de Minas Buenaventura SAA                                             | CUSIP: 204448AB0<br>LEI: 529900WQB1ZU9KB6EL71 | Long             | DBT              | CORP              | PE        |    575000 | PA      | $599883.32    | 0.51%             | 2032-02-04      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| Payden Emerging Markets Local Bond Fund        | Payden Emerging Markets Local Bond Fund                                   | CUSIP: 70432T867<br>LEI: 549300ZRY78UEWJB7K76 | Long             | EC               | RF                | US        |    397140 | NS      | $3959485.45   | 3.35%             |  |  |  | No            |                  1 | On Loan: No      |
| AECOM                                          | AECOM                                                                     | CUSIP: 00766TAE0<br>LEI: 0EEB8GF0W0NPCIHZX097 | Long             | DBT              | CORP              | US        |    300000 | PA      | $307532.10    | 0.26%             | 2033-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FLUTTER TREASURY DAC                           | Flutter Treasury DAC                                                      | CUSIP: 000000000<br>LEI: 635400JE8VLL9UFVIC38 | Long             | DBT              | CORP              | IE        |    325000 | PA      | $452579.01    | 0.38%             | 2031-06-04      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| MIC Glen LLC                                   | MIC GLEN LLC                                                              | CUSIP: 55304PAH4<br>LEI: 549300XD843A2SP50882 | Long             | LON              | CORP              | US        |    379303 | PA      | $380962.79    | 0.32%             | 2028-07-21      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| VIKING BAKED GOODS ACQUI                       | Viking Baked Goods Acquisition Corp                                       | CUSIP: 92676AAA5<br>LEI: 254900DBFD2H1FJK0893 | Long             | DBT              | CORP              | US        |    385000 | PA      | $382195.97    | 0.32%             | 2031-11-01      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| HSBC SECURITIES (USA) INC.                     | NOK/USD FORWARD                                                           | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | US        |         1 | NC      | $58835.93     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| REPUBLIC OF GUATEMALA                          | Guatemala Government Bond                                                 | CUSIP: 401494BA6<br>LEI: 529900QKDFFU9UWW5315 | Long             | DBT              | NUSS              | GT        |    300000 | PA      | $313203.00    | 0.27%             | 2036-08-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Life Financial Services Trust                  | Life 2022-BMR Mortgage Trust                                              | CUSIP: 53218DAJ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    175000 | PA      | $144682.97    | 0.12%             | 2039-05-15      | Floating      | 6.22%                 | No            |                  2 | On Loan: No      |
| OHI GROUP SA                                   | OHI Group SA                                                              | CUSIP: 67712MAB5<br>LEI: 529900GW2J8DSYJHEH26 | Long             | DBT              | CORP              | LU        |    190000 | PA      | $193800.00    | 0.16%             | 2029-07-22      | Fixed         | 13.00%                | No            |                  2 | On Loan: No      |
| United Natural Foods Inc                       | UNITED NATURAL FOODS INC                                                  | CUSIP: 91116KAD7<br>LEI: 549300GKGW6WPZ282D40 | Long             | LON              | CORP              | US        |    335552 | PA      | $338137.43    | 0.29%             | 2031-04-25      | Floating      | 8.42%                 | No            |                  2 | On Loan: No      |
| PFP III                                        | PFP 2026-13 Ltd                                                           | CUSIP: 716966AG1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    350000 | PA      | $351395.10    | 0.30%             | 2043-08-18      | Floating      | 5.75%                 | No            |                  2 | On Loan: No      |
| ROMANIA                                        | Romanian Government International Bond                                    | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |    200000 | PA      | $253824.99    | 0.21%             | 2032-07-11      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| BCPE FLAVOR DEBT/ISSUER                        | BCPE Flavor Debt Merger Sub LLC and BCPE Flavor Issuer Inc                | CUSIP: 072933AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    350000 | PA      | $333858.25    | 0.28%             | 2032-07-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| DBC 2025-DBC Mortgage Trust                    | DBC 2025-DBC Mortgage Trust                                               | CUSIP: 23306HAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $501883.35    | 0.42%             | 2042-11-15      | Floating      | 5.28%                 | No            |                  2 | On Loan: No      |
| EP Wealth Advisors LLC                         | EP WEALTH ADVISORS INC                                                    | CUSIP: 29416NAB2<br>LEI: 254900EMIFA00FZWU856 | Long             | LON              | CORP              | US        |    700000 | PA      | $706345.50    | 0.60%             | 2032-10-18      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| MCR Mortgage Trust                             | MCR 2024-HTL Mortgage Trust                                               | CUSIP: 55286PAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    241708 | PA      | $242078.43    | 0.20%             | 2037-02-15      | Floating      | 5.44%                 | No            |                  2 | On Loan: No      |
| HSBC SECURITIES (USA) INC.                     | USD/CHF FORWARD                                                           | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | US        |         1 | NC      | $6587.85      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| CVR ENERGY INC                                 | CVR Energy Inc                                                            | CUSIP: 12662PAJ7<br>LEI: 529900SOYZIXZBTXB558 | Long             | DBT              | CORP              | US        |    175000 | PA      | $173799.14    | 0.15%             | 2034-02-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| FREEDOM MORTGAGE HOLD                          | Freedom Mortgage Holdings LLC                                             | CUSIP: 35641AAD0<br>LEI: 254900ROJ91RGM43S156 | Long             | DBT              | CORP              | US        |    200000 | PA      | $204127.40    | 0.17%             | 2033-04-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                               | CIFC Funding 2018-IV Ltd                                                  | CUSIP: 17181TAQ4<br>LEI: 254900PA63PFHC11GD90 | Long             | ABS-CBDO         | CORP              | KY        |    975000 | PA      | $978627.00    | 0.83%             | 2038-01-17      | Floating      | 6.27%                 | No            |                  2 | On Loan: No      |
| TORY Commercial Mortgage Trust                 | TORY Commercial Mortgage Trust 2026-HGTS                                  | CUSIP: 89148WAG0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    475000 | PA      | $475323.86    | 0.40%             | 2046-01-13      | Variable      | 6.08%                 | No            |                  2 | On Loan: No      |
| Neuberger Berman CLO Ltd                       | Neuberger Berman Loan Advisers CLO 41 Ltd                                 | CUSIP: 64134BAJ9<br>LEI: 549300RYH1PYRU661D66 | Long             | ABS-CBDO         | CORP              | KY        |    350000 | PA      | $350052.50    | 0.30%             | 2034-04-15      | Floating      | 4.72%                 | No            |                  2 | On Loan: No      |
| EMRLD Borrower LP                              | EMRLD BORROWER LP                                                         | CUSIP: 26872NAD1<br>LEI: 5493000GJYE7GAQCUC61 | Long             | LON              | CORP              | US        |    445506 | PA      | $445494.52    | 0.38%             | 2031-08-04      | Floating      | 6.12%                 | No            |                  2 | On Loan: No      |
| HA SUSTAINABLE INF CAP                         | HA Sustainable Infrastructure Capital Inc                                 | CUSIP: 41068XAG5<br>LEI: 254900ZZRL7MWL1X8E92 | Long             | DBT              | CORP              | US        |    350000 | PA      | $367220.00    | 0.31%             | 2056-06-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| PETSMART LLC/PETSMART FI                       | PetSmart LLC / PetSmart Finance Corp                                      | CUSIP: 71677KAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    275000 | PA      | $282169.53    | 0.24%             | 2032-09-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Bain Capital Credit CLO, Limit                 | Bain Capital Credit CLO 2020-1 Ltd                                        | CUSIP: 05684DAY9<br>LEI: 2549007DKQFBF2N6NR86 | Long             | ABS-CBDO         | CORP              | KY        |    466961 | PA      | $467022.43    | 0.40%             | 2033-04-18      | Floating      | 4.66%                 | No            |                  2 | On Loan: No      |
| CRESCENT ENERGY FINANCE                        | Crescent Energy Finance LLC                                               | CUSIP: 516806AK2<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |    550000 | PA      | $547548.98    | 0.46%             | 2032-04-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| EUREX CLEARING AKTIENGESELLSCHAFT              | EURO-BUXL 30Y BND                                                         | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DIR              | CORP              | DE        |       -15 | NC      | $16678.23     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| REPUBLIC OF ALBANIA                            | Albania Government International Bond                                     | CUSIP: 000000000<br>LEI: 254900EDM43U3SGRND29 | Long             | DBT              | NUSS              | AL        |    375000 | PA      | $452875.52    | 0.38%             | 2035-02-14      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| American Credit Acceptance Rec                 | American Credit Acceptance Receivables Trust 2024-4                       | CUSIP: 024945AG2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $505452.80    | 0.43%             | 2031-08-12      | Fixed         | 5.34%                 | No            |                  2 | On Loan: No      |
| BULLDOG PURCHASER INC                          | BULLDOG PURCHASER INC                                                     | CUSIP: 12021GAH7<br>LEI: 254900JB2GC3Q5OISZ63 | Long             | LON              | CORP              | US        |    350000 | PA      | $349562.50    | 0.30%             | 2033-01-31      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| NOTA DO TESOURO NACIONAL                       | Brazil Notas do Tesouro Nacional Serie F                                  | CUSIP: 000000000<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |   8000000 | PA      | $1360153.53   | 1.15%             | 2031-01-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| BKV UPSTREAM MIDSTREAM L                       | BKV Upstream Midstream LLC                                                | CUSIP: 05619CAA3<br>LEI: 254900LG75NBYHBBAU18 | Long             | DBT              | CORP              | US        |    500000 | PA      | $506647.50    | 0.43%             | 2030-10-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| TXNM ENERGY INC                                | TXNM Energy Inc                                                           | CUSIP: 69349HAJ6<br>LEI: 5493003JOBJGLZSDDQ28 | Long             | DBT              | CORP              | US        |    175000 | PA      | $176849.05    | 0.15%             | 2056-07-31      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Hillenbrand Inc                                | LSF12 HELIX PARENT LLC                                                    | CUSIP: 000000000<br>LEI: 254900H70V4IL22BHL88 | Long             | LON              | CORP              | US        |    175000 | PA      | $174671.88    | 0.15%             | 2033-01-22      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                               | Fannie Mae Connecticut Avenue Securities                                  | CUSIP: 30711XDY7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | CORP              | US        |    418229 | PA      | $440188.61    | 0.37%             | 2029-04-25      | Floating      | 13.06%                | No            |                  2 | On Loan: No      |
| UNITED MEXICAN STATES                          | Mexico Government International Bond                                      | CUSIP: 000000000<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    100000 | PA      | $118582.34    | 0.10%             | 2036-05-16      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Octagon 57 Ltd                                 | Octagon 57 Ltd                                                            | CUSIP: 67592XAN0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    400000 | PA      | $400520.80    | 0.34%             | 2034-10-15      | Floating      | 4.74%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS SECURITIES CORP.                   | USD/JPY FORWARD                                                           | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-11769.23    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| CPT MORTGAGE TRUST                             | Century Plaza Towers 2019-CPT                                             | CUSIP: 12654YAJ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    425000 | PA      | $375615.34    | 0.32%             | 2039-11-13      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| HIH Trust                                      | HIH Trust 2024-61P                                                        | CUSIP: 40444VAG6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    243901 | PA      | $245564.18    | 0.21%             | 2041-10-15      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                               | Connecticut Avenue Securities Trust 2023-R05                              | CUSIP: 207942AD5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    550000 | PA      | $614017.09    | 0.52%             | 2043-06-25      | Floating      | 10.55%                | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                            | Freddie Mac STACR REMIC Trust 2021-DNA7                                   | CUSIP: 35564KNE5<br>LEI: 5493000ISOMSKCX2AW62 | Long             | ABS-MBS          | CORP              | US        |    650000 | PA      | $682633.38    | 0.58%             | 2041-11-25      | Floating      | 11.50%                | No            |                  2 | On Loan: No      |
| LIMAK CIMENTO SANAYI                           | Limak Cimento Sanayi ve Ticaret AS                                        | CUSIP: 53263AAA6<br>LEI: 789000EEUQIGHI88WH47 | Long             | DBT              | CORP              | TR        |    400000 | PA      | $408462.70    | 0.35%             | 2029-07-25      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| QNITY ELECTRONICS INC                          | QNITY ELECTRONICS INC                                                     | CUSIP: 74737SAB9<br>LEI: 254900RSUG4J9TFFZX53 | Long             | LON              | CORP              | US        |    350000 | PA      | $352079.00    | 0.30%             | 2032-11-01      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| PetsMart LLC                                   | PETSMART INC                                                              | CUSIP: 71677HAN5<br>LEI: 894500NGJMHSFNESGA67 | Long             | LON              | CORP              | US        |    425000 | PA      | $425371.88    | 0.36%             | 2032-08-18      | Floating      | 7.67%                 | No            |                  2 | On Loan: No      |
| Fr Br Holdings, L.L.C.                         | FR BR HOLDINGS LLC                                                        | CUSIP: 30260XAD1<br>LEI: 549300FJFG2CK1VX3Y85 | Long             | LON              | CORP              | US        |    374062 | PA      | $376867.97    | 0.32%             | 2030-10-09      | Floating      | 7.92%                 | No            |                  2 | On Loan: No      |
| Omnia Partners, LLC                            | OMNIA PARTNERS LLC                                                        | CUSIP: 68218HAE7<br>LEI: 254900ZD1P5CVG9GOS22 | Long             | LON              | CORP              | US        |    390369 | PA      | $391321.87    | 0.33%             | 2032-12-13      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC                               | COLT 2025-11 Mortgage Loan Trust                                          | CUSIP: 12676KAG8<br>LEI: 213800CETFGZSOQ6WF79 | Long             | ABS-MBS          | CORP              | US        |    703839 | PA      | $708351.57    | 0.60%             | 2070-11-25      | Variable      | 5.41%                 | No            |                  2 | On Loan: No      |
| HSBC SECURITIES (USA) INC.                     | EUR/USD FORWARD                                                           | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | US        |         1 | NC      | $10184.45     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| BOPARAN FINANCE PLC                            | Boparan Finance PLC                                                       | CUSIP: 000000000<br>LEI: 213800GQSQIOBR3DHN70 | Long             | DBT              | CORP              | GB        |     90000 | PA      | $131472.32    | 0.11%             | 2029-11-07      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| TURKIYE GARANTI BANKASI                        | Turkiye Garanti Bankasi AS                                                | CUSIP: 900148AJ6<br>LEI: 5493002XSS7K7RHN1V37 | Long             | DBT              | CORP              | TR        |    250000 | PA      | $252320.87    | 0.21%             | 2036-04-15      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| BOMBARDIER INC                                 | Bombardier Inc                                                            | CUSIP: 097751CC3<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $210193.65    | 0.18%             | 2032-06-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trus                 | BRAVO Residential Funding Trust 2026-NQM1                                 | CUSIP: 10570CAG7<br>LEI: 254900XRZJZN8JGL1235 | Long             | ABS-MBS          | CORP              | US        |    375000 | PA      | $376014.00    | 0.32%             | 2065-12-25      | Variable      | 5.21%                 | No            |                  2 | On Loan: No      |
| DI Issuer LLC                                  | Lmdv Issuer Co LLC                                                        | CUSIP: 538908AC8<br>LEI: 254900A6HRP8XHJJGM20 | Long             | ABS-O            | CORP              | US        |    325000 | PA      | $326131.13    | 0.28%             | 2055-12-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Quikrete Holdings Inc                          | QUIKRETE HOLDING 01/30/32                                                 | CUSIP: 74839XAL3<br>LEI: 5493007KIN86DIZWZT22 | Long             | LON              | CORP              | US        |    497494 | PA      | $498023.57    | 0.42%             | 2032-02-10      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                            | Freddie Mac STACR REMIC Trust 2022-DNA2                                   | CUSIP: 35564KSQ3<br>LEI: 5493000ISA3AUOXQEF68 | Long             | ABS-MBS          | CORP              | US        |    525000 | PA      | $561645.89    | 0.48%             | 2042-02-25      | Floating      | 12.20%                | No            |                  2 | On Loan: No      |
| BDS Ltd                                        | BDS 2025-FL15 LLC                                                         | CUSIP: 05556EAG1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    300000 | PA      | $300904.77    | 0.25%             | 2043-03-19      | Floating      | 5.83%                 | No            |                  2 | On Loan: No      |
| Amneal Pharmaceuticals LLC                     | AMNEAL PHARMACEUTICALS LLC                                                | CUSIP: 03167DAR5<br>LEI: 54930037VIXE7LRZ1M66 | Long             | LON              | CORP              | US        |    334162 | PA      | $335833.31    | 0.28%             | 2032-08-02      | Floating      | 7.17%                 | No            |                  2 | On Loan: No      |
| GRUPPO SAN DONATO SPA                          | Gruppo San Donato SPA                                                     | CUSIP: 000000000<br>LEI: 8156003649DB0704FC22 | Long             | DBT              | CORP              | IT        |    275000 | PA      | $330676.64    | 0.28%             | 2031-10-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS SECURITIES CORP.                   | USD/HUF FORWARD                                                           | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-29612.34    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| VanEck J. P. Morgan EM Local Currency Bond ETF | VanEck J. P. Morgan EM Local Currency Bond ETF                            | CUSIP: 92189H300<br>LEI: 549300CNWPR88MZBEA63 | Long             | EC               | RF                | US        |     88110 | NS      | $2317293.00   | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| GDZ ELEKTRIK DAGITIM AS                        | GDZ Elektrik Dagitim AS                                                   | CUSIP: 000000000<br>LEI: 984500B63B5766038A64 | Long             | DBT              | CORP              | TR        |    400000 | PA      | $400791.26    | 0.34%             | 2029-10-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                               | Fannie Mae Connecticut Avenue Securities                                  | CUSIP: 30711XCH5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | CORP              | US        |    123382 | PA      | $125275.49    | 0.11%             | 2028-09-25      | Floating      | 16.06%                | No            |                  2 | On Loan: No      |
| Avenue of Americas                             | 1301 Trust 2025-AOA                                                       | CUSIP: 682461AJ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $256280.73    | 0.22%             | 2042-08-11      | Variable      | 6.22%                 | No            |                  2 | On Loan: No      |
| ANTERO MIDSTREAM PART/FI                       | Antero Midstream Partners LP / Antero Midstream Finance Corp              | CUSIP: 03690AAN6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    350000 | PA      | $353722.60    | 0.30%             | 2034-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| DBC 2025-DBC Mortgage Trust                    | DBC 2025-DBC Mortgage Trust                                               | CUSIP: 23306HAE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    375000 | PA      | $376254.56    | 0.32%             | 2042-11-15      | Floating      | 5.73%                 | No            |                  2 | On Loan: No      |
| BFLD Trust                                     | BFLD Commercial Mortgage Trust 2025-660F                                  | CUSIP: 05556QAC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    525000 | PA      | $528174.73    | 0.45%             | 2042-11-15      | Floating      | 5.48%                 | No            |                  2 | On Loan: No      |
| Penta CLO S.A.                                 | Penta Clo 18 DAC                                                          | CUSIP: 000000000<br>LEI: 635400FHVXQB2JC6GF48 | Long             | ABS-CBDO         | CORP              | IE        |    700000 | PA      | $829930.42    | 0.70%             | 2038-01-15      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF GHANA                              | Ghana Government International Bond                                       | CUSIP: 000000000<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |    160000 | PA      | $146482.53    | 0.12%             | 2035-07-03      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SRI LANKA                          | Sri Lanka Government International Bond                                   | CUSIP: 000000000<br>LEI: 254900IG6Y30I2QE2R92 | Long             | DBT              | NUSS              | LK        |    225000 | PA      | $223068.23    | 0.19%             | 2038-02-15      | Variable      | 3.60%                 | No            |                  2 | On Loan: No      |
| EUREX CLEARING AKTIENGESELLSCHAFT              | EURO-SCHATZ                                                               | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DIR              | CORP              | DE        |       137 | NC      | $4550.25      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Terex Corporation                              | TEREX CORP                                                                | CUSIP: 88078FBQ0<br>LEI: YAWJZJYEQ7M1SYMOS462 | Long             | LON              | CORP              | US        |    372192 | PA      | $373664.20    | 0.32%             | 2031-10-08      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| BX Trust                                       | BX Trust 2023-LIFE                                                        | CUSIP: 05609DAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    460000 | PA      | $452296.70    | 0.38%             | 2028-02-15      | Fixed         | 5.39%                 | No            |                  2 | On Loan: No      |
| MEDCO CYPRESS TREE PTE                         | Medco Cypress Tree Pte Ltd                                                | CUSIP: 58406VAA7<br>LEI: 254900NKZ2Y3YZK4WC46 | Long             | DBT              | CORP              | SG        |    250000 | PA      | $265143.51    | 0.22%             | 2030-05-19      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| McGraw-Hill Education Inc                      | MCGRAW-HILL EDUCATION                                                     | CUSIP: 58063DAG8<br>LEI: 254900U6YJ9QZ4IQOR26 | Long             | LON              | CORP              | US        |    709227 | PA      | $713549.44    | 0.60%             | 2031-08-06      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC                               | COLT 2025-8 Mortgage Loan Trust                                           | CUSIP: 19689DAC3<br>LEI: 2138009IZ4NQZAKAEN75 | Long             | ABS-MBS          | CORP              | US        |    353150 | PA      | $357627.95    | 0.30%             | 2070-08-25      | Variable      | 5.89%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag                 | Wells Fargo Commercial Mortgage Trust 2018-C46                            | CUSIP: 95001QAV3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7446185 | PA      | $112937.03    | 0.10%             | 2051-08-15      | Variable      | 0.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                               | Connecticut Avenue Securities Trust 2022-R01                              | CUSIP: 20754LAJ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    825000 | PA      | $856587.02    | 0.73%             | 2041-12-25      | Floating      | 9.70%                 | No            |                  2 | On Loan: No      |
| ACREC LLC                                      | Acrec 2025 Fl 3 LLC                                                       | CUSIP: 00112HAG2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    500000 | PA      | $499732.00    | 0.42%             | 2042-08-18      | Floating      | 5.97%                 | No            |                  2 | On Loan: No      |
| LETRA TESOURO NACIONAL                         | Brazil Letras do Tesouro Nacional                                         | CUSIP: 000000000<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |  36000000 | PA      | $6693074.10   | 5.67%             | 2026-04-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                         | CCO Holdings LLC / CCO Holdings Capital Corp                              | CUSIP: 1248EPCV3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    125000 | PA      | $125257.37    | 0.11%             | 2036-02-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| HSBC SECURITIES (USA) INC.                     | JPY/USD FORWARD                                                           | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-11160.58    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| EUREX CLEARING AKTIENGESELLSCHAFT              | EURO-BOBL                                                                 | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DIR              | CORP              | DE        |       -48 | NC      | $-19682.67    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Madison Iaq LLC                                | MADISON IAQ LLC                                                           | CUSIP: 55759VAB4<br>LEI: 549300IXDNBXNHUPBU73 | Long             | LON              | CORP              | US        |    198446 | PA      | $198769.08    | 0.17%             | 2028-06-21      | Floating      | 6.13%                 | No            |                  2 | On Loan: No      |
| DOBANK SPA                                     | doValue SpA                                                               | CUSIP: 000000000<br>LEI: 8156007AF7DB5FE05555 | Long             | DBT              | CORP              | IT        |    250000 | PA      | $305294.15    | 0.26%             | 2031-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Cross Mortgage Trust                           | Cross 2025-H10 Mortgage Trust                                             | CUSIP: 22758YAE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    598164 | PA      | $601082.01    | 0.51%             | 2071-01-25      | Variable      | 5.41%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                     | Verus Securitization Trust 2025-12                                        | CUSIP: 92490FAM2<br>LEI: 2138009XAW9T934GL239 | Long             | ABS-MBS          | CORP              | US        |    421780 | PA      | $424163.47    | 0.36%             | 2070-12-25      | Variable      | 5.37%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                               | Connecticut Avenue Securities Trust 2022-R03                              | CUSIP: 20753XAB0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $514202.15    | 0.44%             | 2042-03-25      | Floating      | 7.20%                 | No            |                  2 | On Loan: No      |
| Evergreen AcqCo 1 LP                           | EVERGREEN ACQCO 1 LP                                                      | CUSIP: 30015FAJ5<br>LEI: 549300F6POVHG3ME8T95 | Long             | LON              | CORP              | US        |    382073 | PA      | $383505.94    | 0.32%             | 2032-09-17      | Floating      | 6.70%                 | No            |                  2 | On Loan: No      |
| STAR PARENT INC                                | Star Parent Inc                                                           | CUSIP: 855170AA4<br>LEI: 254900GRGCJYRMDRWT73 | Long             | DBT              | CORP              | US        |    350000 | PA      | $369852.70    | 0.31%             | 2030-10-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF GHANA                              | Ghana Government International Bond                                       | CUSIP: 374422AP8<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |    375000 | PA      | $343318.43    | 0.29%             | 2035-07-03      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| PHOENIX AVIATION CAPITAL                       | Phoenix Aviation Capital Ltd                                              | CUSIP: 71910DAA9<br>LEI: 8945008YQAKXZQ3VYJ15 | Long             | DBT              | CORP              | IE        |    600000 | PA      | $629282.96    | 0.53%             | 2030-07-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| DC Commercial Mortgage Trust                   | DC Commercial Mortgage Trust 2023-DC                                      | CUSIP: 24023AAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    335000 | PA      | $344936.30    | 0.29%             | 2040-09-12      | Fixed         | 6.31%                 | No            |                  2 | On Loan: No      |
| HSBC SECURITIES (USA) INC.                     | USD/GBP FORWARD                                                           | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-23772.26    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| BX Trust                                       | BX Trust 2025-VLT6                                                        | CUSIP: 12433KAG2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    300000 | PA      | $300507.36    | 0.25%             | 2042-03-15      | Floating      | 6.27%                 | No            |                  2 | On Loan: No      |
| Lightning Power, LLC                           | LIGHTNING POWER LLC                                                       | CUSIP: 53229LAB3<br>LEI: 254900BWCHJ03XRL8K59 | Long             | LON              | CORP              | US        |    271562 | PA      | $272309.30    | 0.23%             | 2031-08-18      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| ADT SEC CORP                                   | ADT Security Corp/The                                                     | CUSIP: 00109LAB9<br>LEI: 5493009JEEDYLVRA0J13 | Long             | DBT              | CORP              | US        |    250000 | PA      | $253593.66    | 0.21%             | 2033-10-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| AZULE ENERGY FINANCE PLC                       | Azule Energy Finance Plc                                                  | CUSIP: 000000000<br>LEI: 2138006X6O82RJSQDB63 | Long             | DBT              | CORP              | GB        |    525000 | PA      | $531703.46    | 0.45%             | 2030-01-23      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| CNTL AMR BOTTLING CORP                         | Central American Bottling Corp / CBC Bottling Holdco SL / Beliv Holdco SL | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | VG        |   1045000 | PA      | $1040289.56   | 0.88%             | 2029-04-27      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                     | Verus Securitization Trust 2024-7                                         | CUSIP: 924925AH3<br>LEI: 213800HQOHEFNJCQYJ07 | Long             | ABS-MBS          | CORP              | US        |    725000 | PA      | $732333.23    | 0.62%             | 2069-09-25      | Variable      | 7.81%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                               | Connecticut Avenue Securities Trust 2021-R01                              | CUSIP: 20754RAJ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    800000 | PA      | $825441.60    | 0.70%             | 2041-10-25      | Floating      | 9.70%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                               | Connecticut Avenue Securities Trust 2025-R02                              | CUSIP: 20754TAD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    450000 | PA      | $451890.54    | 0.38%             | 2045-02-25      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| Boca Commercial Mortgage Trust                 | BOCA Commercial Mortgage Trust 2025-BOCA                                  | CUSIP: 05619RAB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    725000 | PA      | $729788.05    | 0.62%             | 2042-12-15      | Floating      | 5.58%                 | No            |                  2 | On Loan: No      |
| Cross Mortgage Trust                           | Cross 2024-H8 Mortgage Trust                                              | CUSIP: 22757GAF0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    575000 | PA      | $582869.62    | 0.49%             | 2069-12-25      | Variable      | 6.32%                 | No            |                  2 | On Loan: No      |
| HSBC SECURITIES (USA) INC.                     | USD/EUR FORWARD                                                           | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | US        |         1 | NC      | $32550.09     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| REPUBLIC OF NIGERIA                            | Nigeria Government International Bond                                     | CUSIP: 000000000<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |    200000 | PA      | $236604.03    | 0.20%             | 2034-12-09      | Fixed         | 10.38%                | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                       | OBX 2025-NQM23 Trust                                                      | CUSIP: 67123BAK2<br>LEI: 2549009JKGY7CAYS8Y83 | Long             | ABS-MBS          | CORP              | US        |    540125 | PA      | $542263.70    | 0.46%             | 2065-10-25      | Variable      | 5.28%                 | No            |                  2 | On Loan: No      |
| ARAB REPUBLIC OF EGYPT                         | Egypt Government International Bond                                       | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |    300000 | PA      | $354296.12    | 0.30%             | 2030-04-16      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                       | OBX 2025-NQM6 Trust                                                       | CUSIP: 67448UAC6<br>LEI: 254900W46UQEWQMYYZ02 | Long             | ABS-MBS          | CORP              | US        |    361436 | PA      | $366101.37    | 0.31%             | 2065-03-25      | Variable      | 5.96%                 | No            |                  2 | On Loan: No      |
| NYC Commercial Mortgage Trust                  | NYC Commercial Mortgage Trust 2025-28L                                    | CUSIP: 67123JAC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    225000 | PA      | $226784.54    | 0.19%             | 2038-11-05      | Variable      | 5.01%                 | No            |                  2 | On Loan: No      |
| Arbor Realty Commercial Real E                 | Arbor Realty Commercial Real Estate Notes 2025-FL1 LLC                    | CUSIP: 03881KAJ2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    275000 | PA      | $277615.00    | 0.24%             | 2043-01-20      | Floating      | 6.97%                 | No            |                  2 | On Loan: No      |
| KKR Static CLO Ltd, KKR Static                 | KKR Static CLO I LTD                                                      | CUSIP: 48255QAU7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    144144 | PA      | $144157.61    | 0.12%             | 2031-07-20      | Floating      | 4.65%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                       | Ford Motor Credit Co LLC                                                  | CUSIP: 345397H89<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    325000 | PA      | $323753.86    | 0.27%             | 2035-10-31      | Fixed         | 5.87%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                            | Freddie Mac STACR REMIC Trust 2021-DNA6                                   | CUSIP: 35564KLV9<br>LEI: 5493000ISONLNOUKGB71 | Long             | ABS-MBS          | CORP              | US        |    725000 | PA      | $755934.45    | 0.64%             | 2041-10-25      | Floating      | 11.20%                | No            |                  2 | On Loan: No      |
| TPG Real Estate Finance                        | TRTX 2025-FL7 Issuer Ltd                                                  | CUSIP: 87277LAJ5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $250881.00    | 0.21%             | 2043-06-18      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS SECURITIES CORP.                   | USD/ZAR FORWARD                                                           | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | N/A              | DFE              | CORP              | US        |         1 | NC      | $2591.81      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| SCOTIABANK PERU SA                             | Scotiabank Peru SAA                                                       | CUSIP: 80928HAB9<br>LEI: 5493001E54CPRG5J5Q41 | Long             | DBT              | CORP              | PE        |    325000 | PA      | $338130.00    | 0.29%             | 2035-10-01      | Fixed         | 6.10%                 | No            |                  2 | On Loan: —       |
| Freddie Mac - STACR                            | Freddie Mac STACR REMIC Trust 2021-HQA4                                   | CUSIP: 35564KPN3<br>LEI: 5493000ISE4NWBTOSK36 | Long             | ABS-MBS          | CORP              | US        |    300000 | PA      | $306861.30    | 0.26%             | 2041-12-25      | Floating      | 7.45%                 | No            |                  2 | On Loan: No      |
| Hologic, Inc.                                  | HOPPER MERGER SUB INC                                                     | CUSIP: 000000000<br>LEI: 9845009E9B4548A5N478 | Long             | LON              | CORP              | US        |    550000 | PA      | $546667.00    | 0.46%             | 2033-01-14      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| KOSMOS ENERGY LTD                              | Kosmos Energy Ltd                                                         | CUSIP: 000000000<br>LEI: 213800YDFJ3OT9B5P157 | Long             | DBT              | CORP              | US        |    200000 | PA      | $126360.09    | 0.11%             | 2031-10-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GRP INC                         | Cloud Software Group Inc                                                  | CUSIP: 18912UAG7<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |    235000 | PA      | $225509.88    | 0.19%             | 2033-08-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| ARIS MINING CORP                               | Aris Mining Corp                                                          | CUSIP: 000000000<br>LEI: 5493001GJ5TILX6L1F82 | Long             | DBT              | CORP              | CA        |    650000 | PA      | $682093.75    | 0.58%             | 2029-10-31      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                       | OBX 2024-NQM12 Trust                                                      | CUSIP: 67448PAC7<br>LEI: 254900MY906NOBBPOA44 | Long             | ABS-MBS          | CORP              | US        |    128499 | PA      | $129720.01    | 0.11%             | 2064-07-25      | Variable      | 5.83%                 | No            |                  2 | On Loan: No      |
| KREF 2022-Fl3 Ltd                              | KREF 2022-FL3 Ltd                                                         | CUSIP: 48275EAJ5<br>LEI: 549300DG0FGL1EU1CT79 | Long             | ABS-CBDO         | CORP              | KY        |    300000 | PA      | $298854.45    | 0.25%             | 2039-02-17      | Floating      | 6.47%                 | No            |                  2 | On Loan: No      |
| GoldenTree Loan Management EUR                 | Goldentree Loan Management Eur Clo 7 DAC                                  | CUSIP: 000000000<br>LEI: 549300O3AX8Z1RQYEB12 | Long             | ABS-CBDO         | CORP              | IE        |    650000 | PA      | $770477.50    | 0.65%             | 2037-07-20      | Floating      | 0.01%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SOUTH AFRICA                       | Republic of South Africa Government International Bond                    | CUSIP: 836205BJ2<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    200000 | PA      | $194499.25    | 0.16%             | 2055-12-11      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                   | USD/BRL FORWARD                                                           | CUSIP: 000000000<br>LEI: 213800LBQA1Y9L22JB70 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-13045.12    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| UNITED MEXICAN STATES                          | Mexico Government International Bond                                      | CUSIP: 000000000<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    200000 | PA      | $236289.58    | 0.20%             | 2040-05-16      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| ADM ELEKTRIK DAGITIM AS                        | ADM Elektrik Dagitim AS                                                   | CUSIP: 00710QAA1<br>LEI: 984500CB836F7EC9CF60 | Long             | DBT              | CORP              | TR        |    400000 | PA      | $398939.86    | 0.34%             | 2031-02-05      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Extended Stay America Trust                    | Extended Stay America Trust 2025-ESH                                      | CUSIP: 30227TAL4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    180000 | PA      | $182903.76    | 0.15%             | 2042-10-15      | Floating      | 7.78%                 | No            |                  2 | On Loan: No      |
| HUNGARY                                        | Hungary Government International Bond                                     | CUSIP: 000000000<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |    400000 | PA      | $483637.69    | 0.41%             | 2034-06-16      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Genmab A/S                                     | GENMAB A/S                                                                | CUSIP: 37231EAB8<br>LEI: 529900MTJPDPE4MHJ122 | Long             | LON              | CORP              | DK        |    500000 | PA      | $502455.00    | 0.43%             | 2032-12-12      | Floating      | 6.73%                 | No            |                  2 | On Loan: No      |
| TAILORED BRANDS INC                            | TAILORED BRANDS INC                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    375000 | PA      | $375313.13    | 0.32%             | 2031-01-22      | Floating      | 9.43%                 | No            |                  2 | On Loan: No      |
| VB-S1 Issuer LLC                               | VB-S1 Issuer LLC - VBTEL                                                  | CUSIP: 91823ABG5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $207028.72    | 0.18%             | 2054-05-15      | Fixed         | 8.87%                 | No            |                  2 | On Loan: No      |
| Lackawanna Energy Center LLC                   | LACKAWANNA ENERGY CENTER                                                  | CUSIP: 000000000<br>LEI: 549300IW2LJBNY42EC59 | Long             | LON              | CORP              | US        |    239300 | PA      | $241065.06    | 0.20%             | 2032-08-05      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                            | Petroleos Mexicanos                                                       | CUSIP: 71654QCL4<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    375000 | PA      | $297628.20    | 0.25%             | 2048-02-12      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| LIMAK CIMENTO SANAYI                           | Limak Cimento Sanayi ve Ticaret AS                                        | CUSIP: 000000000<br>LEI: 789000EEUQIGHI88WH47 | Long             | DBT              | CORP              | TR        |    200000 | PA      | $204231.35    | 0.17%             | 2029-07-25      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                   | COP/USD FORWARD                                                           | CUSIP: 000000000<br>LEI: 213800LBQA1Y9L22JB70 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-22314.15    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                               | Connecticut Avenue Securities Trust 2021-R02                              | CUSIP: 20754KAJ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    925000 | PA      | $955519.27    | 0.81%             | 2041-11-25      | Floating      | 9.90%                 | No            |                  2 | On Loan: No      |
| AZULE ENERGY FINANCE PLC                       | Azule Energy Finance Plc                                                  | CUSIP: 05501YAB4<br>LEI: 2138006X6O82RJSQDB63 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $200971.06    | 0.17%             | 2031-01-22      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| BX Trust                                       | BX Trust 2025-VLT6                                                        | CUSIP: 12433KAE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    300000 | PA      | $300503.58    | 0.25%             | 2042-03-15      | Floating      | 5.87%                 | No            |                  2 | On Loan: No      |
| SAAVI ENERGIA SARL                             | Saavi Energia Sarl                                                        | CUSIP: 000000000<br>LEI: 254900A2V0IO8K56UH35 | Long             | DBT              | CORP              | LU        |    375000 | PA      | $406462.50    | 0.34%             | 2035-02-10      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| BONOS DE TESORERIA                             | Peru Government Bond                                                      | CUSIP: 000000000<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |   4000000 | PA      | $1279531.30   | 1.08%             | 2035-08-12      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trus                 | BRAVO Residential Funding Trust 2025-NQM6                                 | CUSIP: 10570MAE0<br>LEI: 254900U9H6FFPW4O4S55 | Long             | ABS-MBS          | CORP              | US        |    289143 | PA      | $291404.40    | 0.25%             | 2065-06-25      | Variable      | 5.59%                 | No            |                  2 | On Loan: No      |
| FIESTA PURCHASER INC                           | Fiesta Purchaser Inc                                                      | CUSIP: 31659AAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    525000 | PA      | $532398.83    | 0.45%             | 2032-09-15      | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| Raising Canes Restaurants LLC                  | RAISING CANE'S RESTAURAN                                                  | CUSIP: 75101XAQ0<br>LEI: 254900V6ADXFWHYOED66 | Long             | LON              | CORP              | US        |    500000 | PA      | $499377.50    | 0.42%             | 2032-11-03      | Floating      | 5.69%                 | No            |                  2 | On Loan: No      |
| KAISER ALUMINUM CORP                           | Kaiser Aluminum Corp                                                      | CUSIP: 483007AM2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $302604.90    | 0.26%             | 2034-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| VRTX Trust                                     | VRTX Trust 2025-HQ                                                        | CUSIP: 91835XAE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    575000 | PA      | $586411.22    | 0.50%             | 2042-08-05      | Variable      | 5.92%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                       | USD/CAD FORWARD                                                           | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-9348.37     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                      | Towd Point Mortgage Trust 2026-CES1                                       | CUSIP: 89190LAB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    325000 | PA      | $325650.00    | 0.28%             | 2065-12-25      | Variable      | 5.32%                 | No            |                  2 | On Loan: No      |
| SWCH Commercial Mortgage Trust                 | SWCH Commercial Mortgage Trust 2025-DATA                                  | CUSIP: 78489CAD1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    275000 | PA      | $274959.82    | 0.23%             | 2042-02-15      | Floating      | 6.32%                 | No            |                  2 | On Loan: No      |
| BOPARAN FINANCE PLC                            | Boparan Finance PLC                                                       | CUSIP: 000000000<br>LEI: 213800GQSQIOBR3DHN70 | Long             | DBT              | CORP              | GB        |    135000 | PA      | $197208.48    | 0.17%             | 2029-11-07      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF GUATEMALA                          | Guatemala Government Bond                                                 | CUSIP: 000000000<br>LEI: 529900QKDFFU9UWW5315 | Long             | DBT              | NUSS              | GT        |    250000 | PA      | $266587.50    | 0.23%             | 2037-02-06      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| Apidos CLO                                     | Apidos CLO XXX                                                            | CUSIP: 03768CAW9<br>LEI: 2549001XBZ4DU4T7EC48 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $501843.00    | 0.42%             | 2031-10-18      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| Juniper Valley Park CLO, Ltd                   | Juniper Valley Park CLO Ltd                                               | CUSIP: 48206KBA3<br>LEI: 213800ACSV8GAJ4CCO70 | Long             | ABS-CBDO         | CORP              | JE        |    250000 | PA      | $250332.50    | 0.21%             | 2036-07-20      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| TDF INFRASTRUCTURE SAS                         | TDF Infrastructure SASU                                                   | CUSIP: 000000000<br>LEI: 969500BWNQ1B0PI06I59 | Long             | DBT              | CORP              | FR        |    300000 | PA      | $363587.59    | 0.31%             | 2031-10-23      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| CVR ENERGY INC                                 | CVR Energy Inc                                                            | CUSIP: 12662PAH1<br>LEI: 529900SOYZIXZBTXB558 | Long             | DBT              | CORP              | US        |    175000 | PA      | $174850.59    | 0.15%             | 2031-02-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                               | Connecticut Avenue Securities Trust 2022-R04                              | CUSIP: 20753YAL6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    200000 | PA      | $217089.38    | 0.18%             | 2042-03-25      | Floating      | 13.20%                | No            |                  2 | On Loan: No      |
| Ally Bank Auto Credit-Linked N                 | Ally Bank Auto Credit-Linked Notes Series 2024-B                          | CUSIP: 02007G4E0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    361531 | PA      | $364920.13    | 0.31%             | 2032-09-15      | Fixed         | 5.41%                 | No            |                  2 | On Loan: No      |
| HSBC SECURITIES (USA) INC.                     | USD/AUD FORWARD                                                           | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | US        |         1 | NC      | $341421.06    | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| IVORY COAST                                    | Ivory Coast Government International Bond                                 | CUSIP: 000000000<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |    225000 | PA      | $241295.49    | 0.20%             | 2036-04-01      | Fixed         | 8.07%                 | No            |                  2 | On Loan: No      |
| UZBEKISTAN INTL BOND                           | Republic of Uzbekistan International Bond                                 | CUSIP: 000000000<br>LEI: 213800L6VDKUM3TCM927 | Long             | DBT              | NUSS              | UZ        |    375000 | PA      | $461142.89    | 0.39%             | 2029-02-25      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| MEX BONOS DESARR FIX RT                        | Mexican Bonos                                                             | CUSIP: 000000000<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |  43310000 | PA      | $2341089.58   | 1.98%             | 2034-11-23      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| PRIME HEALTHCARE SERVICE                       | Prime Healthcare Services Inc                                             | CUSIP: 74165HAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    650000 | PA      | $677306.50    | 0.57%             | 2029-09-01      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| PAYDEN CASH RESERVES MONEY MARKET              | PAYDEN CASH RESERVES MONEY MARKET                                         | CUSIP: BYM4G6FJ5<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |   3424148 | NS      | $3424148.19   | 2.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Oak Street Investment Grade Ne                 | Oak Street Investment Grade Net Lease Fund Series 2020-1                  | CUSIP: 67181DAE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    495208 | PA      | $327541.83    | 0.28%             | 2050-11-20      | Fixed         | 3.39%                 | No            |                  2 | On Loan: No      |
| ALPHA GENERATION LLC                           | Alpha Generation LLC                                                      | CUSIP: 02073LAC5<br>LEI: 254900K5V62L4YGVKF49 | Long             | DBT              | CORP              | US        |    125000 | PA      | $125886.75    | 0.11%             | 2034-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ARGENTINA                          | Argentine Republic Government International Bond                          | CUSIP: 040114HT0<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |    450000 | PA      | $349200.00    | 0.30%             | 2035-07-09      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                               | Connecticut Avenue Securities Trust 2019-R06                              | CUSIP: 20754JAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    246953 | PA      | $250968.65    | 0.21%             | 2039-09-25      | Floating      | 7.56%                 | No            |                  2 | On Loan: No      |
| KEHE DIST/FIN / NEXTWAVE                       | KeHE Distributors LLC / KeHE Finance Corp / NextWave Distribution Inc     | CUSIP: 487526AC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    450000 | PA      | $472056.75    | 0.40%             | 2029-02-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| HSBC SECURITIES (USA) INC.                     | USD/PEN FORWARD                                                           | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-6746.24     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Life Financial Services Trust                  | Life 2022-BMR Mortgage Trust                                              | CUSIP: 53218DAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    375000 | PA      | $364692.41    | 0.31%             | 2039-05-15      | Floating      | 4.98%                 | No            |                  2 | On Loan: No      |
| IHS HOLDING LTD                                | IHS Holding Ltd                                                           | CUSIP: 44963HAD7<br>LEI: 213800CLGMKL63VKTD94 | Long             | DBT              | CORP              | KY        |    400000 | PA      | $418080.91    | 0.35%             | 2031-11-29      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| JUNIPER RECEIVABLES 2023-1 DAC                 | JUNIPER RECEIVABLES 2023-1 DAC                                            | CUSIP: 481941102<br>LEI: 635400VPHEPHO9HXX694 | Long             | EC               | CORP              | IE        |        10 | NS      | $181007.65    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Buckhorn Park CLO, Ltd.                        | Buckhorn Park CLO Ltd                                                     | CUSIP: 118382BA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $500967.50    | 0.42%             | 2034-07-18      | Floating      | 4.74%                 | No            |                  2 | On Loan: No      |
| HERC HOLDINGS INC                              | Herc Holdings Inc                                                         | CUSIP: 42704LAH7<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |    150000 | PA      | $151153.50    | 0.13%             | 2031-03-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| FABBRICA ITA SINTETICI                         | FIS Fabbrica Italiana Sintetici SpA                                       | CUSIP: 000000000<br>LEI: 8156004D7056C63EC525 | Long             | DBT              | CORP              | IT        |    200000 | PA      | $238184.23    | 0.20%             | 2031-02-05      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ACREC LLC                                      | ACREC 2026-FL4 LLC                                                        | CUSIP: 004970AD1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    225000 | PA      | $225370.80    | 0.19%             | 2043-01-18      | Floating      | 5.80%                 | No            |                  2 | On Loan: No      |
| UZBEKISTAN INTL BOND                           | Republic of Uzbekistan International Bond                                 | CUSIP: 000000000<br>LEI: 213800L6VDKUM3TCM927 | Long             | DBT              | NUSS              | UZ        |    250000 | PA      | $269288.96    | 0.23%             | 2032-02-28      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                              | Post Holdings Inc                                                         | CUSIP: 737446AY0<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |    325000 | PA      | $325490.34    | 0.28%             | 2036-03-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                  | TRANSDIGM INC                                                             | CUSIP: 89364MCA0<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |    197990 | PA      | $198121.62    | 0.17%             | 2031-02-28      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| HSBC SECURITIES (USA) INC.                     | USD/BRL FORWARD                                                           | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-8474.53     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| CURRENTA GROUP HOLDINGS                        | Currenta Group Holdings Sarl                                              | CUSIP: 000000000<br>LEI: 222100SF79KCJKYUPE47 | Long             | DBT              | CORP              | LU        |    150000 | PA      | $182873.42    | 0.15%             | 2030-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BX Trust                                       | BX Trust 2025-VLT6                                                        | CUSIP: 12433KAC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    425000 | PA      | $425867.68    | 0.36%             | 2042-03-15      | Floating      | 5.57%                 | No            |                  2 | On Loan: No      |
| OPAL BIDCO SAS                                 | Opal Bidco SAS                                                            | CUSIP: 000000000<br>LEI: 969500R96XT7XY2UJ564 | Long             | DBT              | CORP              | FR        |    250000 | PA      | $304679.44    | 0.26%             | 2032-03-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| QXO BUILDING PRODUCTS                          | QXO Building Products Inc                                                 | CUSIP: 74825NAA5<br>LEI: 549300HDXQWWCBOYXP31 | Long             | DBT              | CORP              | US        |    260000 | PA      | $268167.90    | 0.23%             | 2032-04-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                               | Fannie Mae Connecticut Avenue Securities                                  | CUSIP: 30711XCR3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | CORP              | US        |     49245 | PA      | $50379.23     | 0.04%             | 2028-10-25      | Floating      | 15.56%                | No            |                  2 | On Loan: No      |
| NOVO BANCO SA                                  | Novo Banco SA                                                             | CUSIP: 000000000<br>LEI: 5493009W2E2YDCXY6S81 | Long             | DBT              | CORP              | PT        |    200000 | PA      | $274042.54    | 0.23%             | 2033-12-01      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF MONTENEGRO                         | Montenegro Government International Bond                                  | CUSIP: 000000000<br>LEI: 747800V014106FYLL014 | Long             | DBT              | NUSS              | ME        |    375000 | PA      | $457536.36    | 0.39%             | 2032-04-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| NYC Commercial Mortgage Trust                  | NYC Commercial Mortgage Trust 2026-1PARK                                  | CUSIP: 62979QAC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    200000 | PA      | $200499.20    | 0.17%             | 2043-02-15      | Floating      | 5.55%                 | No            |                  2 | On Loan: No      |
| SOLSTICE ADVANCED MATERI                       | Solstice Advanced Materials Inc                                           | CUSIP: 83443QAA1<br>LEI: 2138004GZ4H9TW6HK435 | Long             | DBT              | CORP              | US        |    500000 | PA      | $502878.00    | 0.43%             | 2033-09-30      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| BDS Ltd                                        | BDS 2025-FL14 LLC                                                         | CUSIP: 072921AL3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    130000 | PA      | $129453.03    | 0.11%             | 2042-10-17      | Floating      | 5.57%                 | No            |                  2 | On Loan: No      |
| HSBC SECURITIES (USA) INC.                     | SEK/USD FORWARD                                                           | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | US        |         1 | NC      | $5238.79      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC SECURITIES (USA) INC.                     | USD/MXN FORWARD                                                           | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-137266.90   | -0.12%            |  |  |  | No            |                  2 | On Loan: No      |
| Alpha Generation LLC                           | ALPHA GENERATION LLC                                                      | CUSIP: 000000000<br>LEI: 254900K5V62L4YGVKF49 | Long             | LON              | CORP              | US        |    320938 | PA      | $320998.48    | 0.27%             | 2031-09-30      | Floating      | 5.44%                 | No            |                  2 | On Loan: No      |
| ARCHROCK SERVICES/PARTNE                       | Archrock Services LP / Archrock Partners Finance Corp                     | CUSIP: 03958CAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    275000 | PA      | $274921.76    | 0.23%             | 2034-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BOOTS GROUP FINCO LP                           | Boots Group Finco LP                                                      | CUSIP: 000000000<br>LEI: 254900YVLYOVF1PF1N93 | Long             | DBT              | CORP              | US        |    300000 | PA      | $367656.52    | 0.31%             | 2032-08-31      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| COREWEAVE INC                                  | CoreWeave Inc                                                             | CUSIP: 21873SAC2<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |    200000 | PA      | $194701.64    | 0.16%             | 2031-02-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                              | IRON MOUNTAIN INC                                                         | CUSIP: 46284NAV1<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | LON              | CORP              | US        |    196837 | PA      | $195544.58    | 0.17%             | 2031-01-31      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| NOVELIS CORP                                   | Novelis Corp                                                              | CUSIP: 670001AN6<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |    185000 | PA      | $188587.15    | 0.16%             | 2033-08-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| VASA Trust                                     | VASA Trust 2021-VASA                                                      | CUSIP: 92230AAG1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    175000 | PA      | $163511.65    | 0.14%             | 2039-07-15      | Floating      | 5.90%                 | No            |                  2 | On Loan: No      |
| VB-S1 Issuer LLC                               | VB-S1 Issuer LLC - VBTEL                                                  | CUSIP: 91823ABE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $204102.00    | 0.17%             | 2054-05-15      | Fixed         | 6.64%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SRI LANKA                          | Sri Lanka Government International Bond                                   | CUSIP: 000000000<br>LEI: 254900IG6Y30I2QE2R92 | Long             | DBT              | NUSS              | LK        |    200000 | PA      | $197750.00    | 0.17%             | 2030-01-15      | Variable      | 3.10%                 | No            |                  2 | On Loan: No      |
| UK Logisitics                                  | UK Logistics 2025-2 DAC                                                   | CUSIP: 000000000<br>LEI: 635400CRV6HKMHJF8S64 | Long             | ABS-MBS          | CORP              | IE        |    300000 | PA      | $412395.38    | 0.35%             | 2035-08-17      | Floating      | 5.19%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.    | US 10YR ULTRA                                                             | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       -52 | NC      | $38855.78     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| VTR Commercial Mortgage Trust                  | VTR Commercial Mortgage Trust 2025-STEM                                   | CUSIP: 92890YAG0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    275000 | PA      | $276389.08    | 0.23%             | 2039-10-13      | Variable      | 6.71%                 | No            |                  2 | On Loan: No      |
| CORPORACION INMOBILIARIA                       | Corp Inmobiliaria Vesta SAB de CV                                         | CUSIP: 21989DAB8<br>LEI: 4469000001BIRIFZJ959 | Long             | DBT              | CORP              | MX        |    450000 | PA      | $449167.50    | 0.38%             | 2033-01-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| American Airlines Inc                          | AADVANTAGELOYALTYIPLTD                                                    | CUSIP: 02376CBT1<br>LEI: N/A                  | Long             | LON              | CORP              | KY        |    278099 | PA      | $278968.06    | 0.24%             | 2032-05-28      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| Extended Stay America Trust                    | Extended Stay America Trust 2026-ESH2                                     | CUSIP: 30227WAG8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    525000 | PA      | $529793.41    | 0.45%             | 2043-02-15      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| Payden Cash Reserves Money Market Fund         | Payden Cash Reserves Money Market Fund                                    | CUSIP: 704329598<br>LEI: 549300SI0EB26HO5RT16 | Long             | STIV             | RF                | US        |    740495 | NS      | $740495.47    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| BANC CREDITO INVERSIONES                       | Banco de Credito e Inversiones SA                                         | CUSIP: 05890MAC7<br>LEI: 549300E9E5Y3PKW24142 | Long             | DBT              | CORP              | CL        |    400000 | PA      | $432076.00    | 0.37%             | N/A             | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| SURGERY CENTER HOLDINGS                        | Surgery Center Holdings Inc                                               | CUSIP: 86881WAF9<br>LEI: 54930054EVI5HWPPW113 | Long             | DBT              | CORP              | US        |    515000 | PA      | $519152.32    | 0.44%             | 2032-04-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| BUBBLES BIDCO SPA                              | Bubbles Bidco SPA                                                         | CUSIP: 000000000<br>LEI: 815600073942740CEB24 | Long             | DBT              | CORP              | IT        |    250000 | PA      | $305070.07    | 0.26%             | 2031-09-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                               | Connecticut Avenue Securities Trust 2023-R04                              | CUSIP: 20754QAJ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    525000 | PA      | $599517.24    | 0.51%             | 2043-05-25      | Floating      | 11.95%                | No            |                  2 | On Loan: No      |
| Leia Finco US LLC                              | LEIA FINCO US LLC                                                         | CUSIP: 52526CAB5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    623497 | PA      | $609337.55    | 0.52%             | 2031-10-09      | Floating      | 6.90%                 | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.               | S&P500 EMINI                                                              | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               | CORP              | US        |         9 | NC      | $30037.50     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| DURST Commercial Mortgage Trus                 | Durst Commercial Mortgage Trust 2025-151                                  | CUSIP: 266895AG6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    400000 | PA      | $412919.36    | 0.35%             | 2042-08-10      | Variable      | 7.02%                 | No            |                  2 | On Loan: No      |
| MEDCO CYPRESS TREE PTE                         | Medco Cypress Tree Pte Ltd                                                | CUSIP: 000000000<br>LEI: 254900NKZ2Y3YZK4WC46 | Long             | DBT              | CORP              | SG        |    350000 | PA      | $371200.91    | 0.31%             | 2030-05-19      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| AmWINS Group Inc                               | AMWINS GROUP INC                                                          | CUSIP: 03234TBB3<br>LEI: 549300SJE7MUB8NMRG61 | Long             | LON              | CORP              | US        |    700000 | PA      | $699548.50    | 0.59%             | 2032-01-30      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| FERRELLGAS LP/FERRELLGAS                       | Ferrellgas LP / Ferrellgas Finance Corp                                   | CUSIP: 315292AU6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    105000 | PA      | $108619.56    | 0.09%             | 2031-01-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| BX Trust                                       | BX Trust 2025-VOLT                                                        | CUSIP: 05619PAC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    550000 | PA      | $553902.47    | 0.47%             | 2044-12-15      | Floating      | 5.78%                 | No            |                  2 | On Loan: No      |
| LIBERTY COSTA RICA SR SF                       | Liberty Costa Rica Senior Secured Finance                                 | CUSIP: 000000000<br>LEI: 549300W6O2PHTPCYQ751 | Long             | DBT              | CORP              | KY        |    250000 | PA      | $263330.00    | 0.22%             | 2031-01-15      | Fixed         | 10.88%                | No            |                  2 | On Loan: No      |
| REPUBLIC OF SOUTH AFRICA                       | Republic of South Africa Government Bond                                  | CUSIP: 000000000<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |  16775000 | PA      | $1095480.47   | 0.93%             | 2035-02-28      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                               | Connecticut Avenue Securities Series 2025-R01                             | CUSIP: 20755JAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    650000 | PA      | $651342.38    | 0.55%             | 2045-01-25      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| FRONTIER COMMUNICATIONS                        | Frontier Communications Holdings LLC                                      | CUSIP: 35906ABF4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $200122.60    | 0.17%             | 2028-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ELEMENT SOLUTIONS INC                          | ELEMENT SOLUTIONS INC                                                     | CUSIP: 000000000<br>LEI: 549300FLGN6P5CU20J91 | Long             | LON              | CORP              | US        |    350000 | PA      | $351860.25    | 0.30%             | 2030-12-18      | Floating      | 5.43%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                       | CAD/USD FORWARD                                                           | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | US        |         1 | NC      | $5831.22      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                               | Fannie Mae Connecticut Avenue Securities                                  | CUSIP: 30711XDB7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | CORP              | US        |     98262 | PA      | $102227.23    | 0.09%             | 2029-01-25      | Floating      | 14.06%                | No            |                  2 | On Loan: No      |
| Hologic, Inc.                                  | HOPPER MERGER SUB INC                                                     | CUSIP: 000000000<br>LEI: 9845009E9B4548A5N478 | Long             | LON              | CORP              | US        |    100000 | PA      | $118747.77    | 0.10%             | 2033-01-14      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Diamond Infrastructure Funding                 | Diamond Infrastructure Funding LLC                                        | CUSIP: 25265LAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    150000 | PA      | $146544.81    | 0.12%             | 2049-04-15      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                            | COMM 2025-SBX Mortgage Trust                                              | CUSIP: 20047UAE6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    550000 | PA      | $552450.69    | 0.47%             | 2041-08-10      | Variable      | 5.84%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                               | Connecticut Avenue Securities Trust 2025-R02                              | CUSIP: 20754TAB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    382150 | PA      | $382658.91    | 0.32%             | 2045-02-25      | Floating      | 4.70%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS SECURITIES CORP.                   | USD/RON FORWARD                                                           | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-24119.25    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.    | US 2YR NOTE (CBT)                                                         | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       412 | NC      | $-108586.59   | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| BNP PARIBAS SECURITIES CORP.                   | USD/COP FORWARD                                                           | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-3067.55     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| HSBC SECURITIES (USA) INC.                     | AUD/USD FORWARD                                                           | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-20609.97    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                       | USD/GBP FORWARD                                                           | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-34896.89    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| HSBC SECURITIES (USA) INC.                     | CHF/USD FORWARD                                                           | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-57399.03    | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| HSBC SECURITIES (USA) INC.                     | USD/JPY FORWARD                                                           | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | US        |         1 | NC      | $120.76       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.               | 3 MONTH SOFR                                                              | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              | CORP              | US        |       114 | NC      | $-5370.26     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                       | EUR/USD FORWARD                                                           | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | US        |         1 | NC      | $85898.80     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| ICE FUTURES EUROPE                             | LONG GILT                                                                 | CUSIP: 000000000<br>LEI: 549300UF4R84F48NCH34 | N/A              | DIR              | CORP              | GB        |        -2 | NC      | $-278.92      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.               | S&P500 EMINI                                                              | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               | CORP              | US        |        -9 | NC      | $-15975.00    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                       | USD/EUR FORWARD                                                           | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-77874.26    | -0.07%            |  |  |  | No            |                  2 | On Loan: No      |
| HSBC SECURITIES (USA) INC.                     | EUR/USD FORWARD                                                           | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-11484.07    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| HSBC SECURITIES (USA) INC.                     | USD/GBP FORWARD                                                           | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | US        |         1 | NC      | $23680.41     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.    | US 5YR NOTE (CBT)                                                         | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |        53 | NC      | $-7428.54     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.    | US 10YR NOTE (CBT)                                                        | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       -58 | NC      | $14504.73     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ROMANIA GOVERNMENT BOND                        | Romania Government Bond                                                   | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |   6735000 | PA      | $1668901.06   | 1.41%             | 2030-04-29      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS SECURITIES CORP.                   | USD/PEN FORWARD                                                           | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-660.46      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CIA DE MINAS BUENAVENTUR                       | Cia de Minas Buenaventura SAA                                             | CUSIP: 000000000<br>LEI: 529900WQB1ZU9KB6EL71 | Long             | DBT              | CORP              | PE        |    425000 | PA      | $443392.02    | 0.38%             | 2032-02-04      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| ACUSHNET CO                                    | Acushnet Co                                                               | CUSIP: 005095AB0<br>LEI: 549300H805O14KEFES79 | Long             | DBT              | CORP              | US        |    225000 | PA      | $227677.50    | 0.19%             | 2033-12-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| DOMINICAN REPUBLIC                             | Dominican Republic International Bond                                     | CUSIP: 25714PFF0<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    350000 | PA      | $348943.00    | 0.30%             | 2035-10-28      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Cross Mortgage Trust                           | Cross 2025-H7 Mortgage Trust                                              | CUSIP: 22757JAE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    481130 | PA      | $482940.97    | 0.41%             | 2070-09-25      | Variable      | 5.29%                 | No            |                  2 | On Loan: No      |
| Arbor Realty Collateralized Lo                 | Arbor Realty Commercial Real Estate Notes 2021-FL4 Ltd                    | CUSIP: 03880RAJ8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    350000 | PA      | $349527.40    | 0.30%             | 2036-11-15      | Floating      | 6.69%                 | No            |                  2 | On Loan: No      |
| BX Trust                                       | BX Commercial Mortgage Trust 2025-BCAT                                    | CUSIP: 12433HAG9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    311443 | PA      | $313282.32    | 0.27%             | 2042-08-15      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| EDGE FINCO PLC                                 | Edge Finco PLC                                                            | CUSIP: 000000000<br>LEI: 648835NI8LJE5190NT73 | Long             | DBT              | CORP              | GB        |    150000 | PA      | $219664.59    | 0.19%             | 2031-08-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| BX Trust                                       | BX Trust 2025-VOLT                                                        | CUSIP: 05619PAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    200000 | PA      | $201276.32    | 0.17%             | 2044-12-15      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| Exeter Automobile Receivables                  | Exeter Automobile Receivables Trust 2024-5                                | CUSIP: 30165BAG8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    450000 | PA      | $453618.09    | 0.38%             | 2031-02-18      | Fixed         | 5.06%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Residential Mor                 | Morgan Stanley Residential Mortgage Loan Trust 2026-NQM1                  | CUSIP: 61780XAG0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    400000 | PA      | $401287.60    | 0.34%             | 2070-12-25      | Variable      | 5.13%                 | No            |                  2 | On Loan: No      |
| HSBC SECURITIES (USA) INC.                     | USD/EUR FORWARD                                                           | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | US        |         1 | NC      | $456.69       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                               | Connecticut Avenue Securities Trust 2022-R03                              | CUSIP: 20753XAJ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    200000 | PA      | $218810.52    | 0.19%             | 2042-03-25      | Floating      | 13.55%                | No            |                  2 | On Loan: No      |
| DROP Mortgage Trust 2021-FILE                  | DROP Mortgage Trust 2021-FILE                                             | CUSIP: 26210YAG1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    300000 | PA      | $296365.44    | 0.25%             | 2043-10-15      | Floating      | 5.49%                 | No            |                  2 | On Loan: No      |
| OCEANICA LUX                                   | Oceanica Lux                                                              | CUSIP: 000000000<br>LEI: 635400VU48WVABC1TO64 | Long             | DBT              | CORP              | LU        |    200000 | PA      | $208000.00    | 0.18%             | 2029-10-02      | Fixed         | 13.00%                | No            |                  2 | On Loan: No      |
| CPPIB OVM MEMBER US LLC                        | CPPIB OVM MEMBER US LLC                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    747003 | PA      | $748802.88    | 0.63%             | 2031-08-20      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                       | OBX 2023-NQM4 Trust                                                       | CUSIP: 67448GAD5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    400000 | PA      | $401750.16    | 0.34%             | 2063-03-25      | Variable      | 7.06%                 | No            |                  2 | On Loan: No      |
| Extended Stay America Trust                    | Extended Stay America Trust 2025-ESH                                      | CUSIP: 30227TAG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    375000 | PA      | $379188.30    | 0.32%             | 2042-10-15      | Floating      | 6.28%                 | No            |                  2 | On Loan: No      |
| Carlyle Global Market Strategi                 | Carlyle Global Market Strategies CLO 2016-1 Ltd                           | CUSIP: 14312HBE5<br>LEI: 549300N3CJKPCWZ7KX23 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1000169.00   | 0.85%             | 2034-04-20      | Floating      | 4.76%                 | No            |                  2 | On Loan: No      |
| Diamond Infrastructure Funding                 | Diamond Infrastructure Funding LLC                                        | CUSIP: 25265LAE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $486737.45    | 0.41%             | 2049-04-15      | Fixed         | 3.48%                 | No            |                  2 | On Loan: No      |
| VB-S1 Issuer LLC                               | VB-S1 Issuer LLC - VBTEL                                                  | CUSIP: 91823ABA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    300000 | PA      | $296788.44    | 0.25%             | 2052-02-15      | Fixed         | 5.27%                 | No            |                  2 | On Loan: No      |
| DI Issuer LLC                                  | Lmdv Issuer Co LLC                                                        | CUSIP: 538908AA2<br>LEI: 254900A6HRP8XHJJGM20 | Long             | ABS-O            | CORP              | US        |    250000 | PA      | $251649.00    | 0.21%             | 2055-12-15      | Fixed         | 5.31%                 | No            |                  2 | On Loan: No      |
| HSBC SECURITIES (USA) INC.                     | NOK/USD FORWARD                                                           | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-38890.52    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| OVH GROUPE SAS                                 | OVH Groupe SA                                                             | CUSIP: 000000000<br>LEI: 9695001J8OSOVX4TP939 | Long             | DBT              | CORP              | FR        |    275000 | PA      | $327726.41    | 0.28%             | 2031-02-05      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| MIDAS OPCO HOLDINGS LLC                        | Stagwell Global LLC                                                       | CUSIP: 59565JAA9<br>LEI: 984500904E015Z0C1F82 | Long             | DBT              | CORP              | US        |    675000 | PA      | $655005.49    | 0.55%             | 2029-08-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                            | Freddie Mac STACR REMIC Trust 2022-DNA2                                   | CUSIP: 35564KSJ9<br>LEI: 5493000ISA3AUOXQEF68 | Long             | ABS-MBS          | CORP              | US        |    350000 | PA      | $363010.13    | 0.31%             | 2042-02-25      | Floating      | 8.45%                 | No            |                  2 | On Loan: No      |
| FREEDOM MORTGAGE HOLD                          | Freedom Mortgage Holdings LLC                                             | CUSIP: 35641AAB4<br>LEI: 254900ROJ91RGM43S156 | Long             | DBT              | CORP              | US        |    130000 | PA      | $137607.34    | 0.12%             | 2031-05-15      | Fixed         | 9.12%                 | No            |                  2 | On Loan: No      |
| Oak Hill European Credit Partn                 | OAK Hill European Credit Partners V Designated Activity Co                | CUSIP: 000000000<br>LEI: 635400RBBBEHFZ8TOH13 | Long             | ABS-CBDO         | CORP              | IE        |    450000 | PA      | $533705.67    | 0.45%             | 2035-01-21      | Floating      | 3.01%                 | No            |                  2 | On Loan: No      |
| GEOPARK LTD                                    | Geopark Ltd                                                               | CUSIP: 000000000<br>LEI: 529900ZR5QI19AH4KZ07 | Long             | DBT              | CORP              | CO        |    325000 | PA      | $303595.50    | 0.26%             | 2030-01-31      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| BX Trust                                       | BX Trust 2025-DELC                                                        | CUSIP: 05594MAJ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    350000 | PA      | $353649.87    | 0.30%             | 2042-12-15      | Floating      | 6.73%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                            | Freddie Mac STACR REMIC Trust 2021-HQA3                                   | CUSIP: 35564KKL2<br>LEI: 5493000ISHRHX47NOH65 | Long             | ABS-MBS          | CORP              | US        |    425000 | PA      | $437356.83    | 0.37%             | 2041-09-25      | Floating      | 9.95%                 | No            |                  2 | On Loan: No      |
| UK Logisitics                                  | UK Logistics 2025-2 DAC                                                   | CUSIP: 000000000<br>LEI: 635400CRV6HKMHJF8S64 | Long             | ABS-MBS          | CORP              | IE        |    275000 | PA      | $378239.07    | 0.32%             | 2035-08-17      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| DIG INTL FIN/DIFL US LLC                       | Digicel International Finance Ltd / Difl US LLC                           | CUSIP: 25381MAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |    400000 | PA      | $416156.40    | 0.35%             | 2032-08-01      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.    | US LONG BOND(CBT)                                                         | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       -16 | NC      | $-4242.54     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| STANDARD BUILDING SOLUTI                       | Standard Building Solutions Inc                                           | CUSIP: 853191AC8<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |    300000 | PA      | $306797.10    | 0.26%             | 2033-08-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| STANDARD BUILDING SOLUTI                       | Standard Building Solutions Inc                                           | CUSIP: 853192AA0<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |    400000 | PA      | $399875.56    | 0.34%             | 2034-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| BETCLIC EVEREST GROUP SA                       | Betclic Everest Group SAS                                                 | CUSIP: 000000000<br>LEI: 96950037FKVH5JOEKU82 | Long             | DBT              | CORP              | FR        |    125000 | PA      | $149776.31    | 0.13%             | 2031-12-10      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| VTR Commercial Mortgage Trust                  | VTR Commercial Mortgage Trust 2025-STEM                                   | CUSIP: 92890YAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    350000 | PA      | $350942.97    | 0.30%             | 2039-10-13      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Transdigm                                      | TRANSDIGM GROUP INC                                                       | CUSIP: 89364MCE2<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |    499500 | PA      | $499689.81    | 0.42%             | 2032-08-19      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| Allison Transmission Inc                       | ALLISON TRANSMISSION INC                                                  | CUSIP: 01973KAJ5<br>LEI: MWKQ3I0U1GXP2YDSZW75 | Long             | LON              | CORP              | US        |    535000 | PA      | $537073.13    | 0.45%             | 2033-01-02      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| JDAC 0 08/15/29                                | JDAC 0 08/15/29                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $129922.25    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| BANCO DE CREDITO DEL PER                       | Banco de Credito del Peru S.A.                                            | CUSIP: 05971U2K2<br>LEI: 549300EQYQ8SCQZ4BY14 | Long             | DBT              | CORP              | PE        |    700000 | PA      | $707805.00    | 0.60%             | 2037-01-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| MADISON IAQ LLC                                | Madison IAQ LLC                                                           | CUSIP: 55760LAB3<br>LEI: 549300IXDNBXNHUPBU73 | Long             | DBT              | CORP              | US        |    175000 | PA      | $174892.66    | 0.15%             | 2029-06-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| COSTA RICA GOVERNMENT                          | Costa Rica Government International Bond                                  | CUSIP: 000000000<br>LEI: 549300S1EK2VN6XVJP58 | Long             | DBT              | NUSS              | CR        |    300000 | PA      | $328938.00    | 0.28%             | 2045-03-12      | Fixed         | 7.16%                 | No            |                  2 | On Loan: No      |
| EUREX CLEARING AKTIENGESELLSCHAFT              | EURO-BUND                                                                 | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DIR              | CORP              | DE        |       -22 | NC      | $8554.01      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| BFLD Trust                                     | BFLD Commercial Mortgage Trust 2025-660F                                  | CUSIP: 05556QAG4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    275000 | PA      | $277524.28    | 0.23%             | 2042-11-15      | Floating      | 6.43%                 | No            |                  2 | On Loan: No      |
| MURPHY OIL CORP                                | Murphy Oil Corp                                                           | CUSIP: 626717AQ5<br>LEI: QBKYQD0ODE7DC7PDIN91 | Long             | DBT              | CORP              | US        |    575000 | PA      | $573192.73    | 0.49%             | 2034-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Driven Brands Funding, LLC                     | Driven Brands Funding LLC                                                 | CUSIP: 26209XAK7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    399000 | PA      | $398801.22    | 0.34%             | 2055-10-20      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| GALAXY BIDCO LTD                               | Galaxy Bidco Ltd                                                          | CUSIP: 000000000<br>LEI: 2138006O8YW3QCHKDY76 | Long             | DBT              | CORP              | GB        |    125000 | PA      | $179870.15    | 0.15%             | 2029-12-19      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| FIBRA SOMA TRUST F/6185                        | Fibra SOMA Trust F/6185                                                   | CUSIP: 000000000<br>LEI: 549300PN33H8IMG2PD83 | Long             | DBT              | CORP              | MX        |    500000 | PA      | $445669.55    | 0.38%             | 2031-07-22      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| Cologix Data Centers Issuer LL                 | Cologix Canadian Issuer LP                                                | CUSIP: 19521DAJ0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | CA        |    400000 | PA      | $290494.62    | 0.25%             | 2052-01-25      | Fixed         | 5.68%                 | No            |                  2 | On Loan: No      |
| BX Trust                                       | BX 2025-BIO3 Mortgage Trust                                               | CUSIP: 123911AE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    550000 | PA      | $559593.76    | 0.47%             | 2042-02-10      | Fixed         | 6.56%                 | No            |                  2 | On Loan: No      |
| OBSIDIAN ENERGY LTD                            | Obsidian Energy Ltd                                                       | CUSIP: 674482AE4<br>LEI: 549300DITPHH8W8CK636 | Long             | DBT              | CORP              | CA        |    175000 | PA      | $128841.85    | 0.11%             | 2030-12-03      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trus                 | BRAVO Residential Funding Trust 2024-NQM7                                 | CUSIP: 105698AF1<br>LEI: 254900T3YTF92WA96N66 | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $508592.90    | 0.43%             | 2064-10-27      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| CLEAN HARBORS INC                              | Clean Harbors Inc                                                         | CUSIP: 184496AR8<br>LEI: 5493000SJVZVZJKHJF48 | Long             | DBT              | CORP              | US        |    220000 | PA      | $224900.50    | 0.19%             | 2033-10-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-03-27

**Name of Applicant:** PAYDEN & RYGEL INVESTMENT GROUP

**Signature:** Sandi Brents

**Name of Signer:** Sandi Brents

**Title:** Compliance Officer