# EDGAR Filing Document

**Accession Number:** 0001750821
**File Stem:** 0000910472-26-000589
**Filing Date:** 2026-1
**Character Count:** 114048
**Document Hash:** 5978a1f1de6435d21f7ae1dc9d77208b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-000589.hdr.sgml**: 20260127

**ACCESSION NUMBER**: 0000910472-26-000589

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251130

**FILED AS OF DATE**: 20260127

**DATE AS OF CHANGE**: 20260127

**PERIOD START**: 20260531

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Exchange Place Advisors Trust
- **CENTRAL INDEX KEY:** 0001750821

**ORGANIZATION NAME:**
- **EIN:** 462828241
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0531

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23373
- **FILM NUMBER:** 26563135

**BUSINESS ADDRESS:**
- **STREET 1:** 10 SOUTH LASALLE STREET, SUITE 1925
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60603
- **BUSINESS PHONE:** (312) 857-2160

**MAIL ADDRESS:**
- **STREET 1:** 10 SOUTH LASALLE STREET, SUITE 1925
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60603

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** North Square Investments Trust
- **DATE OF NAME CHANGE:** 20180821

## Series and Classes Contracts Data

### North Square Core Plus Bond Fund (Series ID: S000070730)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000224843 | Class I      | STTIX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Exchange Place Advisors Trust

- **b. Investment Company Act file number:** 811-23373

- **c. CIK number of Registrant:** 0001750821

- **d. LEI of Registrant:** 549300K2CKCXH4E67T58

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

  - **Street Address 1:** 200 West Madison St

  - **City:** Chicago

  - **State:** IL

  - **Foreign country:** US

  - **Zip / Postal Code:** 60606

  - **Telephone number:** 312-857-2160

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

- **a. Name of Series:** NORTH SQUARE CORE PLUS BOND FUND

- **b. EDGAR series identifier (if any):** S000070730

- **c. LEI of Series:** 549300XN0VPVSODO6I72

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

- **a. Date of fiscal year-end:** 2026-05-31

- **b. Date as of which information is reported:** 2025-11-30

**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:** $23459590.49

**Total Liabilities:** $483095.63

**Net Assets:** $22976494.86

**Cash Not Reported:** $147397.25

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 64.72895934 | **1-Year:** 342.80300730 | **5-Year:** 1926.53850864 | **10-Year:** 2682.14020131 | **30-Year:** 705.21955366

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

- **3-Month:** 35.01701746 | **1-Year:** 298.26260492 | **5-Year:** 520.79312269 | **10-Year:** 446.48838081 | **30-Year:** 5.00464454

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000224843 | 1.03%                | 0.82%                | 0.56%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $38344.21                | $126754.15                                 |
| Month 2  | $44414.13                | $-622.56                                   |
| Month 3  | $-1199.26                | $28450.65                                  |

**Designated Index Information**

- **Index Name:** NS CORE PLUS BOND DRP

- **Index Identifier:** NS CORE PLUS BOND DRP

### Schedule of Portfolio Investments

| Name                                                                     | Title                                                         | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Patrick Industries Inc.                                                  | Patrick Industries Inc                                        | CUSIP: 703343AD5<br>LEI: 549300FZ5ZTCCJ3Z5W14 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29858.32     | 0.13%             | 2029-05-01      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| McDonald's Corp.                                                         | McDonald's Corp.                                              | CUSIP: 58013MGB4<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |     18000 | PA      | $18171.04     | 0.08%             | 2031-02-12      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                    | Fannie Mae Pool                                               | CUSIP: 3140QKVB1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     59735 | PA      | $51772.38     | 0.23%             | 2051-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Bx Trust 2017-Appl                                                       | BXP Trust 2017-CQHP                                           | CUSIP: 12433QAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    103302 | PA      | $99277.88     | 0.43%             | 2034-11-15      | Floating      | 4.86%                 | Yes           |                  2 | On Loan: No      |
| Rogers Communications Inc.                                               | Rogers Communications Inc                                     | CUSIP: 775109DH1<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | US        |    150000 | PA      | $158855.12    | 0.69%             | N/A             | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                                                   | CBOT 5 Year US Treasury Note 2026-03-31                       | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | Long             | DCO              | CORP              | US        |        17 | NS      | $1593.33      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| HSBC Holdings PLC                                                        | HSBC Holdings PLC                                             | CUSIP: 404280FA2<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $207652.00    | 0.90%             | N/A             | Fixed         | 7.05%                 | No            |                  2 | On Loan: No      |
| CCO Holdings, LLC/ CCO Holdings Capital Corp.                            | CCO Holdings LLC/CCO Holdings Capital Corp.                   | CUSIP: 1248EPCK7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     75000 | PA      | $69158.74     | 0.30%             | 2031-02-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust 2011-C2                                   | Morgan Stanley Capital I Trust 2011-C2                        | CUSIP: 617459AJ1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    165655 | PA      | $164502.60    | 0.72%             | 2044-06-15      | Variable      | 5.21%                 | Yes           |                  2 | On Loan: No      |
| Citigroup Inc.                                                           | Citigroup, Inc.                                               | CUSIP: 172967QA2<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     43000 | PA      | $44081.22     | 0.19%             | 2031-05-07      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Duke Energy Corp                                                         | Duke Energy Corp.                                             | CUSIP: 26441CCJ2<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |     41000 | PA      | $40996.38     | 0.18%             | 2035-09-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                                                   | CBOT 10 Year US Treasury Note 2026-03-20                      | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | Long             | DCO              | CORP              | US        |        10 | NS      | $-625.50      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp.                                                             | Oracle Corp.                                                  | CUSIP: 68389XCY9<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |     34000 | PA      | $34338.81     | 0.15%             | 2028-08-03      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings Inc                                      | NextEra Energy Capital Holdings Inc                           | CUSIP: 65339KDF4<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    100000 | PA      | $105883.60    | 0.46%             | 2055-08-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Commercial Mortgage Trust                                                | COMM 2010-C1 Mortgage Trust                                   | CUSIP: 12622DAK0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    143661 | PA      | $142426.75    | 0.62%             | 2046-07-10      | Variable      | 5.77%                 | Yes           |                  2 | On Loan: No      |
| HudBay Minerals Inc                                                      | Hudbay Minerals Inc                                           | CUSIP: 443628AH5<br>LEI: 549300WI524AL577IX21 | Long             | DBT              | CORP              | US        |     80000 | PA      | $81101.76     | 0.35%             | 2029-04-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| Government National Mortgage Association                                 | Ginnie Mae II Pool                                            | CUSIP: 3622ACBN9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     75209 | PA      | $76520.78     | 0.33%             | 2053-09-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage                                          | Wells Fargo Commercial Mortgage Trust 2015-C29                | CUSIP: 94989KBC6<br>LEI: 549300NYO16WLNMVJJ46 | Long             | ABS-O            | CORP              | US        |     76171 | PA      | $74073.61     | 0.32%             | 2048-06-01      | Variable      | 4.21%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                             | United States Treasury Note                                   | CUSIP: 91282CLD1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    287000 | PA      | $293614.45    | 1.28%             | 2031-07-31      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| DELL EQUIPMENT FINANCE TRUST 2023-3                                      | Dell Equipment Finance Trust 2023-3                           | CUSIP: 24702EAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     57868 | PA      | $58211.27     | 0.25%             | 2026-06-22      | Fixed         | 5.93%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                         | Fannie Mae Pool                                               | CUSIP: 31418DYZ9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     47083 | PA      | $42168.61     | 0.18%             | 2051-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Berkshire Hathaway Energy Company                                        | Berkshire Hathaway Energy Co                                  | CUSIP: 084659AV3<br>LEI: 549300JD0S5IZJE9LY15 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14768.45     | 0.06%             | 2030-07-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE                                              | CME Euro Foreign Exchange Currency Future 2025-12-15          | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | Short            | DFE              | CORP              | US        |        -2 | NS      | $4587.50      | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Prestige Brands, Inc.                                                    | Prestige Brands Inc                                           | CUSIP: 74112BAM7<br>LEI: 549300JBVP4J6D42I235 | Long             | DBT              | CORP              | US        |     70000 | PA      | $65289.60     | 0.28%             | 2031-04-01      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| United States Treasury Bonds                                             | United States Treasury Bond                                   | CUSIP: 912810TL2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    161000 | PA      | $143774.26    | 0.63%             | 2052-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                         | Freddie Mac Pool                                              | CUSIP: 3133KNSE4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     76496 | PA      | $65811.73     | 0.29%             | 2052-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Farm Credit Banks                                                | Federal Farm Credit Banks Funding Corp.                       | CUSIP: 3133ER5N7<br>LEI: 254900C5LP6DN9OP9V83 | Long             | DBT              | USGSE             | US        |     79000 | PA      | $80103.40     | 0.35%             | 2033-03-03      | Fixed         | 4.94%                 | No            |                  2 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                                   | Bloomberg U.S. Corporate High Yield Very Liquid Index Futures | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | Short            | DE               | CORP              | US        |       -42 | NS      | $-14490.00    | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| Burlington Northern Santa Fe LLC                                         | Burlington Northern Santa Fe LLC                              | CUSIP: 12189LAU5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     80000 | PA      | $72703.98     | 0.32%             | 2044-09-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                                                             | UBS Group AG                                                  | CUSIP: 225401BJ6<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | US        |    200000 | PA      | $205163.60    | 0.89%             | N/A             | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| Government National Mortgage Association                                 | Ginnie Mae II Pool                                            | CUSIP: 36179XS72<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     21675 | PA      | $18886.27     | 0.08%             | 2053-02-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| US Foods Inc                                                             | US Foods Inc                                                  | CUSIP: 90290MAG6<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |     40000 | PA      | $41421.96     | 0.18%             | 2028-09-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| General Motors Financial Company  Inc                                    | General Motors Financial Co Inc                               | CUSIP: 37045XCA2<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |     75000 | PA      | $74315.08     | 0.32%             | N/A             | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Murphy Oil USA Inc                                                       | Murphy Oil USA Inc                                            | CUSIP: 626738AE8<br>LEI: N32S6DTR2ZZ5222WHV58 | Long             | DBT              | CORP              | US        |     40000 | PA      | $39722.92     | 0.17%             | 2029-09-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| U.S. Bancorp.                                                            | US Bancorp                                                    | CUSIP: 91159HJT8<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |     48000 | PA      | $49466.88     | 0.22%             | 2031-02-12      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                             | United States Treasury Note/Bond                              | CUSIP: 91282CNX5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    146000 | PA      | $146171.09    | 0.64%             | 2030-08-31      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Resolution Funding Corp                                                  | Resolution Funding Corp Principal Strip                       | CUSIP: 76116FAB3<br>LEI: N/A                  | Long             | DBT              | USGA              | US        |    174000 | PA      | $149175.74    | 0.65%             | 2030-01-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Alliance Resource Operating Partners LP/Alliance Resource Finance Corp   | Alliance Resource Operating Partners LP                       | CUSIP: 01879NAC9<br>LEI: 2549007036KGPSVTHP54 | Long             | DBT              | CORP              | US        |     50000 | PA      | $52922.30     | 0.23%             | 2029-06-15      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Banks                                                  | Federal Home Loan Banks                                       | CUSIP: 3130B5PU6<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |    155000 | PA      | $155522.76    | 0.68%             | 2035-04-09      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Emera Inc                                                                | Emera, Inc.                                                   | CUSIP: 290876AD3<br>LEI: NQZVQT2P5IUF2PGA1Q48 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $151227.30    | 0.66%             | 2076-06-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Commercial Mortgage Trust                                                | COMM 2013-CCRE7 Mortgage Trust                                | CUSIP: 12625FBC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $93183.20     | 0.41%             | 2046-03-10      | Variable      | 4.24%                 | Yes           |                  2 | On Loan: No      |
| Coca-Cola Co (The)                                                       | Coca-Cola Co/The                                              | CUSIP: 191216CT5<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |     37000 | PA      | $36370.20     | 0.16%             | 2030-03-25      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Canadian Imperial Bank of Commerce                                       | Canadian Imperial Bank of Commerce                            | CUSIP: 13608JAA5<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | US        |     60000 | PA      | $62270.19     | 0.27%             | 2029-04-08      | Fixed         | 5.26%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                           | Citigroup Inc                                                 | CUSIP: 17327CAV5<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    150000 | PA      | $153708.00    | 0.67%             | N/A             | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| J.P. Morgan Chase Commercial Mortgage Securities Trust                   | JP Morgan Chase Commercial Mortgage Sec                       | CUSIP: 46637TAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     85920 | PA      | $85329.69     | 0.37%             | 2030-05-05      | Fixed         | 3.91%                 | Yes           |                  2 | On Loan: No      |
| ConocoPhillips Co.                                                       | ConocoPhillips Co                                             | CUSIP: 20826FBE5<br>LEI: 6VJJ5GQWIRDQ06DUXG89 | Long             | DBT              | CORP              | US        |     60000 | PA      | $57260.04     | 0.25%             | 2053-05-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| PNC Financial Services Group Inc.                                        | PNC Financial Services Group Inc/The                          | CUSIP: 693475BU8<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |     22000 | PA      | $25022.95     | 0.11%             | 2034-10-20      | Fixed         | 6.87%                 | No            |                  2 | On Loan: No      |
| Helix Energy Solutions Group, Inc.                                       | Helix Energy Solutions Group Inc                              | CUSIP: 42330PAL1<br>LEI: 416AP2JOUTCWEGSOZW41 | Long             | DBT              | CORP              | US        |     40000 | PA      | $42026.88     | 0.18%             | 2029-03-01      | Fixed         | 9.75%                 | Yes           |                  2 | On Loan: No      |
| United States Treasury Notes                                             | United States Treasury Note                                   | CUSIP: 91282CNT4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    136000 | PA      | $138666.88    | 0.60%             | 2035-08-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Firstcash Inc                                                            | FirstCash Inc                                                 | CUSIP: 33767DAB1<br>LEI: 549300V2X3UU7K0DG350 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29728.04     | 0.13%             | 2028-09-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| Morgan Stanley Bank of America Merrill Lynch Trust 2014-C17              | Morgan Stanley Bank of America Merrill Lynch Tr               | CUSIP: 61763UAG7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    119609 | PA      | $116600.69    | 0.51%             | 2047-08-15      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| RLJ Lodging Trust LP                                                     | RLJ Lodging Trust LP                                          | CUSIP: 74965LAB7<br>LEI: 549300RX5I8Z6I6LDZ74 | Long             | DBT              | CORP              | US        |     30000 | PA      | $28377.25     | 0.12%             | 2029-09-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Meta Platforms Inc                                                       | Meta Platforms, Inc.                                          | CUSIP: 30303MAB8<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |     38000 | PA      | $38272.52     | 0.17%             | 2030-11-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                    | Fannie Mae Pool                                               | CUSIP: 3140FXEP3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    129034 | PA      | $133446.50    | 0.58%             | 2056-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Walt Disney Company                                                      | Walt Disney Co./The                                           | CUSIP: 254687FY7<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |     69000 | PA      | $58394.38     | 0.25%             | 2040-05-13      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                      | S&P500 EMINI OPTN Mar26C 7350                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | US        |        22 | NS      | $59675.00     | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.                                                            | Alphabet, Inc.                                                | CUSIP: 02079KAY3<br>LEI: 5493006MHB84DD0ZWV18 | Long             | DBT              | CORP              | US        |     22000 | PA      | $22363.78     | 0.10%             | 2035-11-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Enpro Inc                                                                | Enpro, Inc.                                                   | CUSIP: 29355XAH0<br>LEI: 549300Y5CFT2LKCFDN54 | Long             | DBT              | CORP              | US        |     60000 | PA      | $62130.12     | 0.27%             | 2033-06-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| Nexstar Media Inc.                                                       | Nexstar Media Inc                                             | CUSIP: 65336YAN3<br>LEI: 5493006PK6I4I2OOT688 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49623.17     | 0.22%             | 2028-11-01      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Federal Home Loan Banks                                                  | Federal Home Loan Banks                                       | CUSIP: 3130B6JM9<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |    130000 | PA      | $130563.13    | 0.57%             | 2034-06-12      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                 | Ginnie Mae II Pool                                            | CUSIP: 3622ACLF5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    210114 | PA      | $172383.50    | 0.75%             | 2051-03-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Synchrony Financial                                                      | Synchrony Financial                                           | CUSIP: 87165B400<br>LEI: 549300RS7EWPM9MA6C78 | Long             | EP               | CORP              | US        |      4750 | NS      | $124022.50    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury Notes                                             | United States Treasury Note/Bond                              | CUSIP: 91282CHQ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     71000 | PA      | $72149.59     | 0.31%             | 2028-07-31      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| The Procter & Gamble Co.                                                 | Procter & Gamble Co/The                                       | CUSIP: 742718GP8<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | DBT              | CORP              | US        |     82000 | PA      | $82105.08     | 0.36%             | 2032-11-03      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                                                   | Ultra U.S. Treasury Bond Futures 2026-03-20                   | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | Long             | DCO              | CORP              | US        |         4 | NS      | $1250.00      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal National Mortgage Association                                    | Fannie Mae Pool                                               | CUSIP: 3140XMRE8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     39940 | PA      | $41647.17     | 0.18%             | 2053-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| The Gap Inc.                                                             | Gap Inc/The                                                   | CUSIP: 364760AQ1<br>LEI: T2ZG1WRWZ4BUCMQL9224 | Long             | DBT              | CORP              | US        |     30000 | PA      | $27975.28     | 0.12%             | 2031-10-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| Florida Power & Light Co.                                                | Florida Power & Light Co.                                     | CUSIP: 341081GM3<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |     35000 | PA      | $34411.56     | 0.15%             | 2053-04-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Structured Asset Securities Corp.                                        | Structured Adjustable Rate Mortgage Loan Trust                | CUSIP: 86359BPE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     86766 | PA      | $84089.50     | 0.37%             | 2034-04-25      | Variable      | 5.90%                 | No            |                  2 | On Loan: No      |
| Duke Energy Carolinas  LLC                                               | Duke Energy Carolinas LLC                                     | CUSIP: 26442CAH7<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |     88000 | PA      | $90333.05     | 0.39%             | 2040-02-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp.                                              | Capital One Financial Corp                                    | CUSIP: 14040HCZ6<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |     38000 | PA      | $39913.13     | 0.17%             | 2029-06-08      | Fixed         | 6.31%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                    | Fannie Mae Pool                                               | CUSIP: 3140QRET6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     27514 | PA      | $28838.16     | 0.13%             | 2053-01-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Banks                                                  | Federal Home Loan Banks                                       | CUSIP: 3130B6QF6<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |     25000 | PA      | $25128.74     | 0.11%             | 2032-06-25      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                         | Freddie Mac Pool                                              | CUSIP: 3132DNQ22<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    235835 | PA      | $211792.28    | 0.92%             | 2052-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                                                   | CBOT 2 Year US Treasury Note Future 2026-03-31                | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | Long             | DCO              | CORP              | US        |        13 | NS      | $-304.51      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Federal National Mortgage Association                                    | Fannie Mae Pool                                               | CUSIP: 3140FXFD9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    175191 | PA      | $180310.27    | 0.78%             | 2046-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vital Energy Inc                                                         | Vital Energy Inc                                              | CUSIP: 516806AH9<br>LEI: 549300X0PTWU2QSLSL14 | Long             | DBT              | CORP              | US        |     75000 | PA      | $74032.37     | 0.32%             | 2029-07-31      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| Vital Energy Inc                                                         | Vital Energy Inc                                              | CUSIP: 516806AK2<br>LEI: 549300X0PTWU2QSLSL14 | Long             | DBT              | CORP              | US        |     68000 | PA      | $65951.02     | 0.29%             | 2032-04-15      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| J.P. Morgan Chase Commercial Mortgage Securities Trust                   | JP Morgan Chase Commercial Mortgage Securities TR             | CUSIP: 46634SAJ4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     87183 | PA      | $86774.49     | 0.38%             | 2045-05-15      | Variable      | 4.96%                 | No            |                  2 | On Loan: No      |
| California Resources Corporation                                         | California Resources Corp                                     | CUSIP: 13057QAK3<br>LEI: 5493003Q8F0T4F4YMR48 | Long             | DBT              | CORP              | US        |     84000 | PA      | $87951.36     | 0.38%             | 2029-06-15      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| Fox Corporation                                                          | Fox Corp                                                      | CUSIP: 35137LAN5<br>LEI: 549300DDU6FDRBIELS05 | Long             | DBT              | CORP              | US        |     51000 | PA      | $56528.34     | 0.25%             | 2033-10-13      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Centerpoint Energy Inc                                                   | CenterPoint Energy Inc                                        | CUSIP: 15189TBJ5<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | DBT              | CORP              | US        |    125000 | PA      | $134178.38    | 0.58%             | 2055-02-15      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| Federal Farm Credit Banks                                                | Federal Farm Credit Banks Funding Corp.                       | CUSIP: 3133ER6U0<br>LEI: 254900C5LP6DN9OP9V83 | Long             | DBT              | USGSE             | US        |    100000 | PA      | $100018.24    | 0.44%             | 2033-03-11      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| Federal Express Corporation                                              | FedEx Corp Pass Trough Trust 2020-1 Clasas AA                 | CUSIP: 314353AA1<br>LEI: 2138002VCAKQQ63C7C03 | Long             | ABS-O            | CORP              | US        |     21979 | PA      | $19335.96     | 0.08%             | 2034-02-20      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Synaptics Incorporated                                                   | Synaptics Inc                                                 | CUSIP: 87157DAG4<br>LEI: 549300AJ3LI4FWNRQX29 | Long             | DBT              | CORP              | US        |     25000 | PA      | $24043.65     | 0.10%             | 2029-06-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Bank of Nova Scotia                                                      | Bank of Nova Scotia/The                                       | CUSIP: 06418GAQ0<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | US        |     39000 | PA      | $40241.75     | 0.18%             | 2031-02-14      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                 | Ginnie Mae II Pool                                            | CUSIP: 3617MKP78<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    120159 | PA      | $103400.20    | 0.45%             | 2050-12-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| TotalEnergies Capital S.A.                                               | TotalEnergies Capital SA                                      | CUSIP: 89157XAB7<br>LEI: 529900QI55ZLJVCMPA71 | Long             | DBT              | CORP              | FR        |     55000 | PA      | $54331.02     | 0.24%             | 2054-04-05      | Fixed         | 5.49%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                                             | United States Treasury Note/Bond                              | CUSIP: 912810PW2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    142000 | PA      | $145261.56    | 0.63%             | 2038-02-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Pfizer Inc.                                                              | Pfizer, Inc.                                                  | CUSIP: 717081FF5<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | DBT              | CORP              | US        |     37000 | PA      | $37456.82     | 0.16%             | 2035-11-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Comm 2015-CCRE23 Mortgage Trust                                          | COMM 2015-CCRE23 Mortgage Trust                               | CUSIP: 12593ABF1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     14233 | PA      | $13841.89     | 0.06%             | 2048-05-10      | Variable      | 4.21%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                    | Fannie Mae Pool                                               | CUSIP: 3140FXKG6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    269869 | PA      | $254162.65    | 1.11%             | 2037-10-13      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Caterpillar Inc                                                          | Caterpillar Inc 5.2 05/15/35                                  | CUSIP: 149123CL3<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | DBT              | CORP              | US        |     36000 | PA      | $37704.35     | 0.16%             | 2035-05-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE (FLOOR)                                      | CME E-Mini Standard & Poor's 500 Index Future 2025-12-19      | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | Short            | DE               | CORP              | US        |        -4 | NS      | $4062.50      | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| The Cigna Group                                                          | Cigna Group/The                                               | CUSIP: 125523CZ1<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |     64000 | PA      | $65650.15     | 0.29%             | 2036-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pacific Gas and Electric Company                                         | Pacific Gas and Electric Co                                   | CUSIP: 694308JM0<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     21000 | PA      | $20937.06     | 0.09%             | 2030-07-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust Inc.                                       | Citigroup Mortgage Loan Trust Inc                             | CUSIP: 17313CAD1<br>LEI: 549300R1KUK063S4I339 | Long             | ABS-O            | CORP              | US        |    101462 | PA      | $101402.46    | 0.44%             | 2037-06-25      | Floating      | 4.46%                 | No            |                  2 | On Loan: No      |
| Consensus Cloud Solutions Inc                                            | Consensus Cloud Solutions Inc                                 | CUSIP: 20848VAB1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     30000 | PA      | $30178.53     | 0.13%             | 2028-10-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Banco Bilbao Vizcaya Argentaria SA                                       | Banco Bilbao Vizcaya Argentaria SA                            | CUSIP: 05946KAF8<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | DBT              | CORP              | ES        |    200000 | PA      | $201811.40    | 0.88%             | N/A             | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Keurig Dr Pepper Inc                                                     | Keurig Dr Pepper Inc                                          | CUSIP: 49271VAU4<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |     34000 | PA      | $34881.02     | 0.15%             | 2031-03-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Meta Platforms Inc                                                       | Meta Platforms Inc.                                           | CUSIP: 30303M8Q8<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19936.86     | 0.09%             | 2053-05-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                             | United States Treasury Note/Bond                              | CUSIP: 91282CNM9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    180000 | PA      | $181736.72    | 0.79%             | 2028-07-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Verizon Master Trust                                                     | Verizon Master Trust                                          | CUSIP: 92348KCQ4<br>LEI: 5493007MUBNP1GFMEB89 | Long             | ABS-O            | CORP              | US        |     45000 | PA      | $45885.04     | 0.20%             | 2030-04-22      | Fixed         | 5.34%                 | No            |                  2 | On Loan: No      |
| Howard Hughes Holdings Inc.                                              | Howard Hughes Corp/The                                        | CUSIP: 44267DAF4<br>LEI: 254900TY494BHXIU6M60 | Long             | DBT              | CORP              | US        |     30000 | PA      | $28687.56     | 0.12%             | 2031-02-01      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| Caixabank S.A.                                                           | CaixaBank SA                                                  | CUSIP: E2R193B52<br>LEI: 7CUNS533WID6K7DGFI87 | Long             | DBT              | CORP              | ES        |    200000 | PA      | $224101.86    | 0.98%             | N/A             | Fixed         | 3.63%                 | Yes           |                  2 | On Loan: No      |
| First American Funds Inc.                                                | First American Treasury Obligations Fund                      | CUSIP: 31846V328<br>LEI: 549300J5J5SJCZ9IA369 | Long             | STIV             | RF                | US        |    773421 | PA      | $773420.87    | 3.37%             |  |  |  | No            |                  1 | On Loan: No      |
| CFCRE 2016-C6 Mortgage Trust                                             | CFCRE Commercial Mortgage Trust 2011-C2                       | CUSIP: 12527DAG5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $94986.20     | 0.41%             | 2047-12-15      | Variable      | 5.25%                 | Yes           |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings Inc                                      | NextEra Energy Capital Holdings Inc                           | CUSIP: 65339KBR0<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |     15000 | PA      | $13802.19     | 0.06%             | 2030-06-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc.                                                  | UnitedHealth Group, Inc.                                      | CUSIP: 91324PED0<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     28000 | PA      | $25337.80     | 0.11%             | 2031-05-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Oneok Inc.                                                               | ONEOK, Inc.                                                   | CUSIP: 682680DB6<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |     31000 | PA      | $31229.35     | 0.14%             | 2032-10-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                         | UMBS Freddie Mac Pool                                         | CUSIP: 3132DQQM1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    124058 | PA      | $125898.08    | 0.55%             | 2053-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                         | Freddie Mac Pool                                              | CUSIP: 31427QTS1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     33000 | PA      | $33531.09     | 0.15%             | 2055-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Dominion Energy Inc                                                      | Dominion Energy Inc                                           | CUSIP: 25746UEA3<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |    200000 | PA      | $202142.26    | 0.88%             | 2056-02-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| Honda Motor Co Ltd.                                                      | Honda Motor Co Ltd.                                           | CUSIP: 438127AE2<br>LEI: 549300P7ZYCQJ36CCS16 | Long             | DBT              | CORP              | JP        |     92000 | PA      | $93234.33     | 0.41%             | 2030-07-08      | Fixed         | 4.69%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                                             | United States Treasury Note/Bond                              | CUSIP: 912810UP1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    148000 | PA      | $146959.38    | 0.64%             | 2055-11-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Florida Power & Light Co.                                                | Florida Power & Light Co                                      | CUSIP: 341081GU5<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |     27000 | PA      | $28416.79     | 0.12%             | 2034-06-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp.                                              | Capital One Financial Corp.                                   | CUSIP: 14040HDM4<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |     23000 | PA      | $22990.59     | 0.10%             | 2031-09-11      | Fixed         | 4.49%                 | No            |                  2 | On Loan: No      |
| Ford Motor Company                                                       | Ford Motor Co.                                                | CUSIP: 345370DA5<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |     60000 | PA      | $52728.53     | 0.23%             | 2032-02-12      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Healthequity Inc                                                         | HealthEquity Inc                                              | CUSIP: 42226AAA5<br>LEI: 529900LRJU1RAFQHM467 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29516.61     | 0.13%             | 2029-10-01      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| United States Treasury Notes                                             | United States Treasury Note/Bond                              | CUSIP: 91282CPJ4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    346000 | PA      | $345486.40    | 1.50%             | 2035-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc.                                                  | UnitedHealth Group Inc                                        | CUSIP: 91324PFC1<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9667.11      | 0.04%             | 2054-04-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| BMW VEHICLE LEASE TRUST 2024-2                                           | BMW Vehicle Lease Trust                                       | CUSIP: 05613MAD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    175000 | PA      | $175429.91    | 0.76%             | 2027-02-25      | Fixed         | 4.18%                 | No            |                  2 | On Loan: No      |
| OneMain Financial Corporation                                            | Springleaf Finance Corp.                                      | CUSIP: 85172FAR0<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     72000 | PA      | $71946.74     | 0.31%             | 2029-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CWMBS Inc                                                                | Alternative Loan Trust 2003-22CB                              | CUSIP: 12669FEE9<br>LEI: 549300430UQIJMFG3R47 | Long             | ABS-O            | CORP              | US        |    102908 | PA      | $105200.12    | 0.46%             | 2033-12-25      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NiSource Inc.                                                            | NiSource Inc                                                  | CUSIP: 65473PAT2<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |    100000 | PA      | $103698.40    | 0.45%             | 2055-03-31      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| ING Groep N.V.                                                           | ING Groep NV                                                  | CUSIP: 456837AZ6<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $177152.78    | 0.77%             | N/A             | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| The Bank of New York Mellon Corp.                                        | Bank of New York Mellon Corp/The                              | CUSIP: 06406RBZ9<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |     84000 | PA      | $87332.07     | 0.38%             | 2032-07-22      | Fixed         | 5.06%                 | No            |                  2 | On Loan: No      |
| Dominion Energy Inc                                                      | Dominion Energy, Inc.                                         | CUSIP: 25746UDX4<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |     33000 | PA      | $34144.12     | 0.15%             | 2035-03-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Boeing Co.                                                               | Boeing Co/The                                                 | CUSIP: 097023CY9<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     30000 | PA      | $30930.21     | 0.13%             | 2030-05-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| American Express Company                                                 | American Express Co                                           | CUSIP: 025816DW6<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |     40000 | PA      | $41529.90     | 0.18%             | 2035-07-26      | Fixed         | 5.28%                 | No            |                  2 | On Loan: No      |
| Chevron USA Inc                                                          | Chevron USA, Inc.                                             | CUSIP: 166756BE5<br>LEI: VA8TZDWPEZYU430RZ444 | Long             | DBT              | CORP              | US        |     56000 | PA      | $57815.76     | 0.25%             | 2032-04-15      | Fixed         | 4.82%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                                             | U.S. Treasury Bond 2.75%, 11/15/2042                          | CUSIP: 912810QY7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    188000 | PA      | $147469.84    | 0.64%             | 2042-11-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Axon Enterprise Inc                                                      | Axon Enterprise, Inc.                                         | CUSIP: 05464CAC5<br>LEI: 549300QP2IEEGFE16681 | Long             | DBT              | CORP              | US        |     40000 | PA      | $41330.80     | 0.18%             | 2030-03-15      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| United States Treasury Bonds                                             | United States Treasury Note/Bond                              | CUSIP: 912810UQ9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    294000 | PA      | $293816.25    | 1.28%             | 2045-11-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                                             | United States Treasury Bond                                   | CUSIP: 912810TW8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    221000 | PA      | $225622.87    | 0.98%             | 2043-11-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                             | United States Treasury Note/Bond                              | CUSIP: 91282CPK1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    293000 | PA      | $293080.12    | 1.28%             | 2028-11-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Broadcom Inc                                                             | Broadcom Inc                                                  | CUSIP: 11135FCB5<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |     35000 | PA      | $35311.12     | 0.15%             | 2030-02-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Energy Transfer LP                                                       | Energy Transfer LP                                            | CUSIP: 29273VAJ9<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    125000 | PA      | $125367.63    | 0.55%             | N/A             | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| FMC Corp.                                                                | FMC Corp                                                      | CUSIP: 302491AZ8<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | DBT              | CORP              | US        |    150000 | PA      | $116909.67    | 0.51%             | 2055-11-01      | Fixed         | 8.45%                 | No            |                  2 | On Loan: No      |
| NISSAN AUTO LEASE TRUST 2025-A                                           | Nissan Auto Lease Trust 2025-A                                | CUSIP: 65479XAD4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    188000 | PA      | $190206.91    | 0.83%             | 2028-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                     | JPMorgan Chase & Co                                           | CUSIP: 46647PEV4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |     69000 | PA      | $71599.49     | 0.31%             | 2031-01-24      | Fixed         | 5.14%                 | No            |                  2 | On Loan: No      |
| Lockheed Martin Corporation                                              | Lockheed Martin Corp                                          | CUSIP: 539830BL2<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |     38000 | PA      | $35009.51     | 0.15%             | 2046-05-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                 | Government National Mortgage Association                      | CUSIP: 38383LDU1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |    199842 | PA      | $169660.40    | 0.74%             | 2051-10-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Virginia Electric and Power Company                                      | Virginia Electric and Power Co.                               | CUSIP: 927804GL2<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |     65000 | PA      | $63223.75     | 0.28%             | 2053-04-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                    | Fannie Mae Pool                                               | CUSIP: 3140QRWM1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    223491 | PA      | $219719.42    | 0.96%             | 2053-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                 | Government National Mortgage Association                      | CUSIP: 38384NLT0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |     64077 | PA      | $64084.71     | 0.28%             | 2048-02-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Johnson Controls International PLC / Tyco Fire & Security Finance S.C.A. | Johnson Controls International plc                            | CUSIP: 477921AA8<br>LEI: 549300XQ6S1GYKGBL205 | Long             | DBT              | CORP              | US        |     35000 | PA      | $36547.57     | 0.16%             | 2029-04-19      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                 | Government National Mortgage Association                      | CUSIP: 38384HVG0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-O            | USGA              | US        |     60000 | PA      | $60301.50     | 0.26%             | 2054-01-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                         | Freddie Mac Multifamily Structured Pass Through               | CUSIP: 3137F84U4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    650000 | PA      | $70490.62     | 0.31%             | 2030-11-25      | Variable      | 2.63%                 | No            |                  2 | On Loan: No      |
| Federal Farm Credit Banks                                                | Federal Farm Credit Banks Funding Corp.                       | CUSIP: 3133ETTR8<br>LEI: 254900C5LP6DN9OP9V83 | Long             | DBT              | USGSE             | US        |    101000 | PA      | $100922.08    | 0.44%             | 2031-08-25      | Fixed         | 4.59%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Bank of America Merrill Lynch Trust 2012-C5               | Morgan Stanley Bank of America Merrill Lynch Tr               | CUSIP: 61761AAJ7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    173461 | PA      | $170307.56    | 0.74%             | 2045-08-15      | Variable      | 4.64%                 | Yes           |                  2 | On Loan: No      |
| American Tower Corporation                                               | American Tower Corp                                           | CUSIP: 03027XAW0<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49269.29     | 0.21%             | 2029-08-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Verizon Communications Inc.                                              | Verizon Communications, Inc.                                  | CUSIP: 92343VFT6<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     95000 | PA      | $69041.00     | 0.30%             | 2040-11-20      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| The Toronto-Dominion Bank                                                | Toronto-Dominion Bank/The                                     | CUSIP: 89115A3E0<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20354.56     | 0.09%             | 2028-01-31      | Fixed         | 4.86%                 | No            |                  2 | On Loan: No      |
| Federal Farm Credit Banks                                                | Federal Farm Credit Banks Funding Corp.                       | CUSIP: 3133ETVN4<br>LEI: 254900C5LP6DN9OP9V83 | Long             | DBT              | USGSE             | US        |     72000 | PA      | $72027.57     | 0.31%             | 2032-09-02      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| New Gold, Inc.                                                           | New Gold Inc                                                  | CUSIP: 644535AJ5<br>LEI: 5493005G0GNCHP0H6L96 | Long             | DBT              | CORP              | US        |     80000 | PA      | $85158.72     | 0.37%             | 2032-04-01      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| Pediatrix Medical Group Inc                                              | Pediatrix Medical Group Inc                                   | CUSIP: 58502BAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $50182.25     | 0.22%             | 2030-02-15      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust 2011-C2                                   | Morgan Stanley Capital I Trust 2014-150E                      | CUSIP: 61764BAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $90747.22     | 0.39%             | 2032-09-09      | Fixed         | 3.91%                 | Yes           |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                     | JPMorgan Chase & Co.                                          | CUSIP: 46647PEJ1<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |     50000 | PA      | $51461.82     | 0.22%             | 2030-07-22      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                                          | CVS Health Corp                                               | CUSIP: 126650EG1<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    175000 | PA      | $181491.98    | 0.79%             | 2054-12-10      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| American Honda Finance Corporation                                       | American Honda Finance Corp                                   | CUSIP: 02665WDW8<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |     34000 | PA      | $32502.83     | 0.14%             | 2028-03-24      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc.                                                | Goldman Sachs Group Inc/The                                   | CUSIP: 38141GD35<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |     70000 | PA      | $70097.79     | 0.31%             | 2031-10-21      | Fixed         | 4.37%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD                   | Freddie Mac REMICS                                            | CUSIP: 3137HKA61<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |     41726 | PA      | $42323.61     | 0.18%             | 2051-11-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                             | United States Treasury Note/Bond                              | CUSIP: 91282CNZ0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    146000 | PA      | $146821.25    | 0.64%             | 2032-09-30      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Toyota Motor Credit Corp.                                                | Toyota Motor Credit Corp                                      | CUSIP: 89236TNB7<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |     15000 | PA      | $15844.17     | 0.07%             | 2036-01-09      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Apple Inc.                                                               | Apple, Inc.                                                   | CUSIP: 037833DQ0<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |     49000 | PA      | $33812.92     | 0.15%             | 2049-09-11      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                                      | Citigroup Commercial Mortgage Trust 2020-555                  | CUSIP: 17328EAQ1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3500000 | PA      | $96516.35     | 0.42%             | 2029-12-10      | Variable      | 0.74%                 | Yes           |                  2 | On Loan: No      |
| Government National Mortgage Association                                 | Ginnie Mae II Pool                                            | CUSIP: 36179XLH7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    194867 | PA      | $195919.52    | 0.85%             | 2052-11-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                         | Freddie Mac REMICS                                            | CUSIP: 3137B8MS3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    102557 | PA      | $101017.45    | 0.44%             | 2043-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Ziff Davis Inc                                                           | Ziff Davis Inc                                                | CUSIP: 48123VAF9<br>LEI: 5493008OJYGLHD7MXA18 | Long             | DBT              | CORP              | US        |     30000 | PA      | $28483.91     | 0.12%             | 2030-10-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| Phillips 66 Co.                                                          | Phillips 66 Co                                                | CUSIP: 718547AU6<br>LEI: RVJMT2IZVVSKIRJJBH76 | Long             | DBT              | CORP              | US        |     60000 | PA      | $62649.13     | 0.27%             | 2031-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| The Charles Schwab Corporation                                           | Charles Schwab Corp/The                                       | CUSIP: 808513CK9<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |     15000 | PA      | $15042.21     | 0.07%             | 2031-11-14      | Fixed         | 4.34%                 | No            |                  2 | On Loan: No      |
| Federal Farm Credit Banks                                                | Federal Farm Credit Banks Funding Corp.                       | CUSIP: 3133ETWF0<br>LEI: 254900C5LP6DN9OP9V83 | Long             | DBT              | USGSE             | US        |     80000 | PA      | $80321.63     | 0.35%             | 2033-09-08      | Fixed         | 4.94%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                             | United States Treasury Note/Bond                              | CUSIP: 91282CPN5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    149000 | PA      | $148319.02    | 0.65%             | 2030-11-30      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Noble Finance II LLC.                                                    | Noble Finance II LLC                                          | CUSIP: 65505PAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     40000 | PA      | $41585.60     | 0.18%             | 2030-04-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| BP Capital Markets America, Inc.                                         | BP Capital Markets America Inc                                | CUSIP: 10373QBV1<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |     13000 | PA      | $13318.10     | 0.06%             | 2033-09-11      | Fixed         | 4.89%                 | No            |                  2 | On Loan: No      |
| Altagas Ltd                                                              | AltaGas Ltd                                                   | CUSIP: 021361AD2<br>LEI: 2549008X5V70MOS4HM10 | Long             | DBT              | CORP              | US        |    125000 | PA      | $129411.75    | 0.56%             | 2054-10-15      | Fixed         | 7.20%                 | Yes           |                  2 | On Loan: No      |
| Bear Stearns Asset Backed Securities I Trust 2004 Ac5                    | Bear Stearns Asset Backed Securities I Trust                  | CUSIP: 073879EU8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    119157 | PA      | $118106.52    | 0.51%             | 2034-08-25      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                         | Fannie Mae Pool                                               | CUSIP: 31418DSK9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     72434 | PA      | $65021.62     | 0.28%             | 2050-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SEB FUNDING LLC                                                          | SEB Funding LLC                                               | CUSIP: 78433DAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     75000 | PA      | $76804.03     | 0.33%             | 2054-04-30      | Fixed         | 7.39%                 | Yes           |                  2 | On Loan: No      |
| Eldorado Gold Corp                                                       | Eldorado Gold Corp                                            | CUSIP: 284902AF0<br>LEI: 5493004PWQ01YDD1IH62 | Long             | DBT              | CORP              | US        |     79000 | PA      | $79459.80     | 0.35%             | 2029-09-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Midamerican Energy Company                                               | MidAmerican Energy Co.                                        | CUSIP: 595620AU9<br>LEI: NINLOILYRTLIMK26MZ18 | Long             | DBT              | CORP              | US        |    109000 | PA      | $91162.83     | 0.40%             | 2049-07-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                         | Fannie Mae Pool                                               | CUSIP: 31418D4Y5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    244697 | PA      | $209741.94    | 0.91%             | 2051-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Upbound Group Inc                                                        | Rent-A-Center, Inc./TX                                        | CUSIP: 76009NAL4<br>LEI: 529900QUHE15UQNCCJ63 | Long             | DBT              | CORP              | US        |     25000 | PA      | $24440.85     | 0.11%             | 2029-02-15      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Paramount Global                                                         | Paramount Global                                              | CUSIP: 92553PBC5<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146160.00    | 0.64%             | 2057-02-28      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Comcast Corporation                                                      | Comcast Corp                                                  | CUSIP: 20030NCY5<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     66000 | PA      | $52457.42     | 0.23%             | 2039-11-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| HLF Financing SaRL LLC and Herbalife International Inc.                  | SunCoke Energy Inc                                            | CUSIP: 40390DAD7<br>LEI: 549300VKVJUV5OGV2R51 | Long             | DBT              | CORP              | US        |     50000 | PA      | $45789.81     | 0.20%             | 2029-06-30      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| United States Treasury Bonds                                             | United States Treasury Bond                                   | CUSIP: 912810SZ2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    250000 | PA      | $148129.88    | 0.64%             | 2051-08-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Cisco Systems, Inc.                                                      | Cisco Systems Inc                                             | CUSIP: 17275RBS0<br>LEI: 549300LKFJ962MZ46593 | Long             | DBT              | CORP              | US        |     30000 | PA      | $31217.35     | 0.14%             | 2031-02-26      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Central Garden & Pet Company                                             | Central Garden & Pet Co                                       | CUSIP: 153527AN6<br>LEI: 5493004DVZLD37DJ0H83 | Long             | DBT              | CORP              | US        |     70000 | PA      | $67171.72     | 0.29%             | 2030-10-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| NRG Energy, Inc.                                                         | NRG Energy, Inc.                                              | CUSIP: 629377CU4<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |     75000 | PA      | $81896.48     | 0.36%             | N/A             | Fixed         | 10.25%                | Yes           |                  2 | On Loan: No      |
| 5 Bryant Park 2018-5bp Mortga                                            | DBGS 2018-5BP Mortgage Trust                                  | CUSIP: 33830CAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $99275.00     | 0.43%             | 2033-06-15      | Floating      | 4.85%                 | Yes           |                  2 | On Loan: No      |
| Hyundai Auto Receivables Trust 2024-C                                    | Hyundai Auto Receivables Trust                                | CUSIP: 448976AD2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     25000 | PA      | $25186.80     | 0.11%             | 2029-05-15      | Fixed         | 4.41%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                    | Fannie Mae Pool                                               | CUSIP: 3140XPKG3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     40381 | PA      | $39008.84     | 0.17%             | 2052-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Honda Auto Receivables 2024-3 Owner Trust                                | Honda Auto Receivables 2024-3 Owner Trust                     | CUSIP: 43813YAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     60000 | PA      | $60392.78     | 0.26%             | 2027-10-21      | Fixed         | 4.57%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                           | Morgan Stanley                                                | CUSIP: 61748UAE2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     13000 | PA      | $13449.81     | 0.06%             | 2031-01-15      | Fixed         | 5.23%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                                                   | CBOT 3 Year US Treasury Note Future 2026-03-31                | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | Long             | DCO              | CORP              | US        |         1 | NS      | $46.81        | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Bank of Canada                                                     | Royal Bank of Canada                                          | CUSIP: 78017FZT3<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | US        |     73000 | PA      | $74118.30     | 0.32%             | 2030-10-18      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                                        | Wells Fargo & Co                                              | CUSIP: 95000U3P6<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |     42000 | PA      | $43655.65     | 0.19%             | 2031-01-24      | Fixed         | 5.24%                 | No            |                  2 | On Loan: No      |
| Zoominfo Technologies Llc /Zoominfo Financial Corporation                | ZoomInfo Technologies LLC/ZoomInfo Finance Corp               | CUSIP: 98981BAA0<br>LEI: 254900NOX7TLOJ3WS309 | Long             | DBT              | CORP              | US        |     30000 | PA      | $28432.05     | 0.12%             | 2029-02-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| HLF Financing SaRL LLC and Herbalife International Inc.                  | HLF Financing Sarl LLC                                        | CUSIP: 40390DAD7<br>LEI: 549300VKVJUV5OGV2R51 | Long             | DBT              | CORP              | US        |     54000 | PA      | $58451.71     | 0.25%             | 2029-04-15      | Fixed         | 12.25%                | Yes           |                  2 | On Loan: No      |
| Broadcom Inc                                                             | Broadcom, Inc.                                                | CUSIP: 11135FCL3<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |     71000 | PA      | $73075.32     | 0.32%             | 2032-07-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                    | Fannie Mae REMICS                                             | CUSIP: 3136BRFK8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    113776 | PA      | $113739.75    | 0.50%             | 2051-02-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Verizon Master Trust                                                     | Verizon Master Trust                                          | CUSIP: 92348KEN9<br>LEI: 5493007MUBNP1GFMEB89 | Long             | ABS-O            | CORP              | US        |     37000 | PA      | $37155.03     | 0.16%             | 2031-08-20      | Fixed         | 3.96%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                             | United States Treasury Note/Bond                              | CUSIP: 91282CPD7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    343000 | PA      | $343348.36    | 1.49%             | 2030-10-31      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                             | United States Treasury Note/Bond                              | CUSIP: 91282CPF2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    368000 | PA      | $367195.00    | 1.60%             | 2032-10-31      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                                             | United States Treasury Note/Bond                              | CUSIP: 912810UM8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    251000 | PA      | $254215.94    | 1.11%             | 2055-08-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Bank, National Association                                   | Wells Fargo Bank NA                                           | CUSIP: 949764QM9<br>LEI: KB1H1DSPRFMYMCUFXT09 | Long             | STIV             | CORP              | US        |     68000 | PA      | $68446.24     | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                                                   | Ultra 10-Year US Treasury Note Futures 2026-03-20             | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | Long             | DCO              | CORP              | US        |         1 | NS      | $0.03         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Alabama Power Co.                                                        | Alabama Power Co.                                             | CUSIP: 010392FT0<br>LEI: 0RL818ELFOHP5JHOFU19 | Long             | DBT              | CORP              | US        |     40000 | PA      | $29315.51     | 0.13%             | 2049-10-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Bank USA                                                   | Goldman Sachs Bank USA/New York NY                            | CUSIP: 38150VR43<br>LEI: KD3XUN7C6T14HNAYLU02 | Long             | STIV             | CORP              | US        |     64000 | PA      | $64446.00     | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| John Deere Capital Corp.                                                 | John Deere Capital Corp.                                      | CUSIP: 24422EXP9<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |     27000 | PA      | $28154.97     | 0.12%             | 2034-04-11      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Federal Farm Credit Banks                                                | Federal Farm Credit Banks Funding Corp.                       | CUSIP: 3133EL6C3<br>LEI: 254900C5LP6DN9OP9V83 | Long             | DBT              | USGSE             | US        |    187000 | PA      | $148650.84    | 0.65%             | 2035-09-10      | Fixed         | 1.73%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                 | Ginnie Mae II Pool                                            | CUSIP: 36179VR69<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    184391 | PA      | $157817.92    | 0.69%             | 2050-08-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                         | Freddie Mac Multifamily Structured Pass Through Certificates  | CUSIP: 3137FMCT7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |   2154734 | PA      | $58700.57     | 0.26%             | 2029-05-01      | Variable      | 0.94%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                 | Ginnie Mae II Pool                                            | CUSIP: 36179WQB7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    324518 | PA      | $293252.32    | 1.28%             | 2051-10-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Farm Credit Banks                                                | Federal Farm Credit Banks Funding Corp.                       | CUSIP: 3133ETLW5<br>LEI: 254900C5LP6DN9OP9V83 | Long             | DBT              | USGSE             | US        |     85000 | PA      | $85235.47     | 0.37%             | 2033-06-23      | Fixed         | 5.27%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Banks                                                  | Federal Home Loan Banks                                       | CUSIP: 3130B7PD0<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |     75000 | PA      | $74977.64     | 0.33%             | 2032-09-24      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Federal Farm Credit Banks                                                | Federal Farm Credit Banks Funding Corp                        | CUSIP: 3133ETQA8<br>LEI: 254900C5LP6DN9OP9V83 | Long             | DBT              | USGSE             | US        |    122000 | PA      | $122839.62    | 0.53%             | 2032-07-15      | Fixed         | 5.11%                 | No            |                  2 | On Loan: No      |
| Fortress Transportation & Infrastructure Investors LLC                   | FTAI Aviation Investors LLC                                   | CUSIP: 34960PAF8<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |     30000 | PA      | $31495.50     | 0.14%             | 2031-05-01      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Lowes Companies, Inc.                                                    | Lowe's Cos Inc                                                | CUSIP: 548661EW3<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |     46000 | PA      | $45860.66     | 0.20%             | 2032-10-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Energy Transfer LP                                                       | Energy Transfer LP                                            | CUSIP: 29278NAQ6<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     27000 | PA      | $26350.99     | 0.11%             | 2030-05-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Truist Financial Corp.                                                   | Truist Financial Corp.                                        | CUSIP: 89788MAM4<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |     15000 | PA      | $15324.40     | 0.07%             | 2034-01-26      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                         | Fannie Mae Pool                                               | CUSIP: 31418EKV1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    222865 | PA      | $227434.00    | 0.99%             | 2052-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Impac CMB Trust                                                          | IMM 2005-1 1A1 VRN  4/25/2035                                 | CUSIP: 45254NML8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     77138 | PA      | $75442.58     | 0.33%             | 2035-04-25      | Floating      | 4.59%                 | No            |                  2 | On Loan: No      |
| Turning Point Brands Inc                                                 | Turning Point Brands, Inc.                                    | CUSIP: 90041LAG0<br>LEI: 549300IYG00QF0VVP302 | Long             | DBT              | CORP              | US        |     50000 | PA      | $53390.45     | 0.23%             | 2032-03-15      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| Government National Mortgage Association                                 | Ginnie Mae II Pool                                            | CUSIP: 3622ACP46<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     77323 | PA      | $69738.98     | 0.30%             | 2052-03-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Company  Inc                                    | General Motors Financial Co Inc                               | CUSIP: 37045XFB7<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |     76000 | PA      | $78465.98     | 0.34%             | 2030-01-07      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Lockheed Martin Corporation                                              | Lockheed Martin Corp.                                         | CUSIP: 539830CM9<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |     29000 | PA      | $29797.60     | 0.13%             | 2035-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc.                                                  | UnitedHealth Group Inc                                        | CUSIP: 91324PFJ6<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     35000 | PA      | $36207.86     | 0.16%             | 2034-07-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                                             | Oracle Corp.                                                  | CUSIP: 68389XDH5<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |     70000 | PA      | $69003.57     | 0.30%             | 2030-09-26      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Exxon Mobil Corp.                                                        | Exxon Mobil Corp.                                             | CUSIP: 30231GBG6<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | DBT              | CORP              | US        |     77000 | PA      | $66036.69     | 0.29%             | 2050-03-19      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| Philip Morris International Inc.                                         | Philip Morris International, Inc.                             | CUSIP: 718172DZ9<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |     37000 | PA      | $36511.35     | 0.16%             | 2032-10-29      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Honeywell International Inc.                                             | Honeywell International Inc                                   | CUSIP: 438516CZ7<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | DBT              | CORP              | US        |     77000 | PA      | $78995.52     | 0.34%             | 2032-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                             | United States Treasury Note/Bond 3.75 12/31/28                | CUSIP: 91282CJR3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    290000 | PA      | $292141.01    | 1.27%             | 2028-12-31      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Homebanc Mortgage Trust 2006 1                                           | HomeBanc Mortgage Trust 2005-3                                | CUSIP: 43739EBP1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    115317 | PA      | $116235.49    | 0.51%             | 2035-07-25      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Farm Credit Banks                                                | Federal Farm Credit Banks Funding Corp.                       | CUSIP: 3133ER5H0<br>LEI: 254900C5LP6DN9OP9V83 | Long             | DBT              | USGSE             | US        |    199000 | PA      | $199375.42    | 0.87%             | 2029-03-05      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| The Cigna Group                                                          | Cigna Group/The                                               | CUSIP: 125523CM0<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18150.00     | 0.08%             | 2031-03-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                             | United States Treasury Note/Bond                              | CUSIP: 91282CPE5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    293000 | PA      | $292942.77    | 1.27%             | 2027-10-31      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                                                   | CBOT US Treasure Bond Futures 2026-03-20                      | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | Long             | DCO              | CORP              | US        |         6 | NS      | $2062.20      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| South Bow Canadian Infrastructure Holdings Ltd.                          | South Bow Canadian Infrastructure Holdings Ltd                | CUSIP: 836720AJ1<br>LEI: 2549004FYUSYLPBT1G26 | Long             | DBT              | CORP              | US        |    150000 | PA      | $159620.70    | 0.69%             | 2055-03-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Crocs Inc                                                                | Crocs Inc                                                     | CUSIP: 227046AA7<br>LEI: 549300B0J6YCXD63OG72 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29016.78     | 0.13%             | 2029-03-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| Federal Farm Credit Banks                                                | Federal Farm Credit Banks Funding Corp                        | CUSIP: 3133ETZK6<br>LEI: 254900C5LP6DN9OP9V83 | Long             | DBT              | USGSE             | US        |    155000 | PA      | $154831.62    | 0.67%             | 2032-03-24      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Eli Lilly & Co.                                                          | Eli Lilly & Co                                                | CUSIP: 532457CM8<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |     28000 | PA      | $26777.42     | 0.12%             | 2054-02-09      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                                         | Freddie Mac Pool                                              | CUSIP: 3133KN4F7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     73137 | PA      | $68164.31     | 0.30%             | 2052-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Banco Santander, S.A.                                                    | Banco Santander SA                                            | CUSIP: 05964HBH7<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | US        |    200000 | PA      | $222204.60    | 0.97%             | N/A             | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                                             | Oracle Corp 5 7/8 09/26/45                                    | CUSIP: 68389XDP7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |     46000 | PA      | $43401.00     | 0.19%             | 2045-09-26      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Oneok Inc.                                                               | ONEOK Inc.                                                    | CUSIP: 682680CF8<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18876.97     | 0.08%             | 2054-11-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Philip Morris International Inc.                                         | Philip Morris International, Inc.                             | CUSIP: 718172DA4<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |     29000 | PA      | $30063.65     | 0.13%             | 2030-02-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Impac CMB Trust                                                          | Impac CMB Trust Series 2005-4                                 | CUSIP: 45254NPG6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    112012 | PA      | $108813.66    | 0.47%             | 2035-05-25      | Floating      | 4.71%                 | No            |                  2 | On Loan: No      |
| Applebees's Funding LLC / IHOP Funding LLC                               | Applebee's Funding LLC / IHOP Funding LLC                     | CUSIP: 03789XAH1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     80000 | PA      | $80706.32     | 0.35%             | 2055-06-07      | Fixed         | 6.72%                 | Yes           |                  2 | On Loan: No      |
| Entergy Corporation                                                      | Entergy Corp                                                  | CUSIP: 29364GAN3<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18982.96     | 0.08%             | 2028-06-15      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| Tegna Inc                                                                | TEGNA Inc                                                     | CUSIP: 87901JAJ4<br>LEI: 549300YC5EDBGX85AO10 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49583.54     | 0.22%             | 2028-03-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Banks                                                  | Federal Home Loan Banks                                       | CUSIP: 3130B5B49<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |     75000 | PA      | $75067.81     | 0.33%             | 2032-02-25      | Fixed         | 5.19%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                                             | United States Treasury Note/Bond                              | CUSIP: 912810SC3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    375000 | PA      | $292470.71    | 1.27%             | 2048-05-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Vistra Corp                                                              | Vistra Corp                                                   | CUSIP: 92840MAD4<br>LEI: 549300KP43CPCUJOOG15 | Long             | DBT              | CORP              | US        |    200000 | PA      | $223552.80    | 0.97%             | N/A             | Fixed         | 8.88%                 | Yes           |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-30

**Name of Applicant:** Exchange Place Advisors Trust

**Signature:** Zachary Richmond

**Name of Signer:** Zachary Richmond

**Title:** Treasurer