# EDGAR Filing Document

**Accession Number:** 0000898745
**File Stem:** 0000898745-26-000539
**Filing Date:** 2026-4
**Character Count:** 136311
**Document Hash:** 00d375ef1a240476aa2d279b5d634f1f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000898745-26-000539.hdr.sgml**: 20260424

**ACCESSION NUMBER**: 0000898745-26-000539

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260228

**FILED AS OF DATE**: 20260424

**DATE AS OF CHANGE**: 20260424

**PERIOD START**: 20260831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PRINCIPAL FUNDS, INC.
- **CENTRAL INDEX KEY:** 0000898745

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07572
- **FILM NUMBER:** 26891047

**BUSINESS ADDRESS:**
- **STREET 1:** 711 HIGH STREET
- **CITY:** DES MOINES
- **STATE:** IA
- **ZIP:** 50392
- **BUSINESS PHONE:** 515-235-9328

**MAIL ADDRESS:**
- **STREET 1:** PRINCIPAL FINANCIAL GROUP
- **CITY:** DES MOINES
- **STATE:** IA
- **ZIP:** 50392

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRINCIPAL FUNDS, INC
- **DATE OF NAME CHANGE:** 20211220

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRINCIPAL FUNDS INC
- **DATE OF NAME CHANGE:** 20080616

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRINCIPAL INVESTORS FUND INC
- **DATE OF NAME CHANGE:** 20001012

## Series and Classes Contracts Data

### Spectrum Preferred and Capital Securities Income Fund (f/k/a Preferred Securities) (Series ID: S000007170)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000019591 | R-3                 | PNARX           |
| C000019592 | R-5                 | PPARX           |
| C000019595 | Institutional Class | PPSIX           |
| C000019596 | Class J             | PPSJX           |
| C000019597 | Class A             | PPSAX           |
| C000038790 | Class C             | PRFCX           |
| C000176328 | R-6                 | PPREX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Principal Funds, Inc

- **b. Investment Company Act file number:** 811-07572

- **c. CIK number of Registrant:** 0000898745

- **d. LEI of Registrant:** 549300HZGBXSW6DSXF23

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

  - **Street Address 1:** 711 High St

  - **City:** Des Moines

  - **State:** IA

  - **Foreign country:** US

  - **Zip / Postal Code:** 50392

  - **Telephone number:** 515-235-1719

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

- **a. Name of Series:** Spectrum Preferred and Capital Securities Income Fund

- **b. EDGAR series identifier (if any):** S000007170

- **c. LEI of Series:** 549300C5BAH7DRKDHO25

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

- **a. Date of fiscal year-end:** 2026-08-31

- **b. Date as of which information is reported:** 2026-02-28

**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:** $5276157275.11

**Total Liabilities:** $98267515.17

**Net Assets:** $5177889759.94

**Delayed Delivery Securities:** $24700000.00

**Cash Not Reported:** $5245092.37

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 1870.23690000 | **1-Year:** 36705.84120000 | **5-Year:** 383928.44820000 | **10-Year:** 531550.89000000 | **30-Year:** 37056.41990000

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

- **3-Month:** 419.33510000 | **1-Year:** 8229.99860000 | **5-Year:** 86082.50060000 | **10-Year:** 119181.66000000 | **30-Year:** 8308.60360000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000019591 | 0.68%                | 0.62%                | 0.72%                |
| Class ID C000019596 | 0.72%                | 0.66%                | 0.76%                |
| Class ID C000176328 | 0.72%                | 0.67%                | 0.76%                |
| Class ID C000019592 | 0.59%                | 0.75%                | 0.64%                |
| Class ID C000038790 | 0.61%                | 0.66%                | 0.56%                |
| Class ID C000019597 | 0.68%                | 0.63%                | 0.72%                |
| Class ID C000019595 | 0.60%                | 0.76%                | 0.64%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-845102.96              | $7334459.66                                |
| Month 2  | $4576663.32              | $10420404.71                               |
| Month 3  | $4924552.48              | $8075454.30                                |

**Designated Index Information**

- **Index Name:** Fund Securities Portfolio

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                                                            | Title                                                           | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Affiliated Managers Group Inc                                   | Affiliated Managers Group Inc                                   | CUSIP: 008252850<br>LEI: 2JE75BUE3T1BLCYYGK54 | Long             | EP               | CORP              | US        |    147028 | NS      | $3111112.48   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Evergy Inc                                                      | Evergy Inc                                                      | CUSIP: 30034WAE6<br>LEI: 549300PGTHDQY6PSUI61 | Long             | DBT              | CORP              | US        |   4800000 | PA      | $4942156.80   | 0.10%             | 2055-06-01      | Variable      | 6.65%                 | No            |                  2 | On Loan: No      |
| First Horizon Corp                                              | First Horizon Corp                                              | CUSIP: 320517865<br>LEI: TF3RXI1ZB1TQ30H9JV10 | Long             | EP               | CORP              | US        |      2478 | NS      | $46611.18     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Corp                                               | State Street Corp                                               | CUSIP: 857477CM3<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |  51193000 | PA      | $53858977.86  | 1.04%             | N/A             | Variable      | 6.70%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                            | Bank of America Corp                                            | CUSIP: 060505625<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EP               | CORP              | US        |    200640 | NS      | $3902448.00   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| UBS Group AG                                                    | UBS Group AG                                                    | CUSIP: 902613BR8<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |  17200000 | PA      | $17302959.20  | 0.33%             | N/A             | Variable      | 6.60%                 | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                                  | BNP Paribas SA                                                  | CUSIP: 05602XJC3<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |  34000000 | PA      | $35714756.00  | 0.69%             | N/A             | Variable      | 7.38%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                  | Morgan Stanley                                                  | CUSIP: 61762V838<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EP               | CORP              | US        |    467149 | NS      | $12332733.60  | 0.24%             |  |  |  | No            |                  1 | On Loan: —       |
| US Bancorp                                                      | US Bancorp                                                      | CUSIP: 902973BC9<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |   6143000 | PA      | $6086427.27   | 0.12%             | N/A             | Variable      | 3.70%                 | No            |                  2 | On Loan: No      |
| M&T Bank Corp                                                   | M&T Bank Corp                                                   | CUSIP: 55261F864<br>LEI: 549300WYXDDBYRASEG81 | Long             | EP               | CORP              | US        |    150526 | NS      | $4041623.10   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Enbridge Inc                                                    | Enbridge Inc                                                    | CUSIP: 29250NBC8<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |  59201000 | PA      | $60252468.96  | 1.16%             | 2080-07-15      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                                | Deutsche Bank AG                                                | CUSIP: N/A<br>LEI: 7LTWFZYICNSX8D621K86       | Long             | DBT              | CORP              | DE        |  25800000 | PA      | $27703782.00  | 0.54%             | N/A             | Variable      | 8.13%                 | No            |                  2 | On Loan: —       |
| PNC Financial Services Group Inc/The                            | PNC Financial Services Group Inc/The                            | CUSIP: 693475BD6<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $6049536.00   | 0.12%             | N/A             | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Arch Capital Group Ltd                                          | Arch Capital Group Ltd                                          | CUSIP: 03939A107<br>LEI: 549300AYR4P8AFKDCE43 | Long             | EP               | CORP              | BM        |     54066 | NS      | $1124032.14   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Entergy Texas Inc                                               | Entergy Texas Inc                                               | CUSIP: 29365T302<br>LEI: LWXX58X12AJXISQ28573 | Long             | EP               | CORP              | US        |     42934 | NS      | $1014959.76   | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Scentre Group Trust 2                                           | Scentre Group Trust 2                                           | CUSIP: 76025LAB0<br>LEI: 549300VRF0U0JH8TBJ74 | Long             | DBT              | CORP              | AU        |  41600000 | PA      | $42170252.80  | 0.81%             | 2080-09-24      | Variable      | 5.13%                 | No            |                  2 | On Loan: No      |
| Transcanada Trust                                               | Transcanada Trust                                               | CUSIP: 89356BAE8<br>LEI: 549300Y0MFCAXLBWUV51 | Long             | DBT              | CORP              | CA        |  28000000 | PA      | $28304080.00  | 0.55%             | 2079-09-15      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| TransCanada PipeLines Ltd                                       | TransCanada PipeLines Ltd                                       | CUSIP: 893526681<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | EP               | CORP              | CA        |    548349 | NS      | $13483901.91  | 0.26%             |  |  |  | No            |                  1 | On Loan: —       |
| UBS Group AG                                                    | UBS Group AG                                                    | CUSIP: 225401BH0<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |  15600000 | PA      | $15938395.20  | 0.31%             | N/A             | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| Dairy Farmers of America Inc                                    | Dairy Farmers of America Inc                                    | CUSIP: 23385HAA7<br>LEI: 1LTUIZEFFT7MUIERI838 | Long             | DBT              | CORP              | US        |  10700000 | PA      | $10725947.50  | 0.21%             | N/A             | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| MetLife Inc                                                     | MetLife Inc                                                     | CUSIP: 59156RBS6<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |  54872000 | PA      | $65385036.22  | 1.26%             | 2068-04-08      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| Assurant Inc                                                    | Assurant Inc                                                    | CUSIP: 04621XAK4<br>LEI: H3F39CAXWQRVWURFXL38 | Long             | DBT              | CORP              | US        |    200000 | PA      | $205987.55    | 0.00%             | 2048-03-27      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| Public Storage                                                  | Public Storage                                                  | CUSIP: 74460W396<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EP               | CORP              | US        |    128309 | NS      | $2108116.87   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Societe Generale SA                                             | Societe Generale SA                                             | CUSIP: 83370RAD0<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |  24000000 | PA      | $26694528.00  | 0.52%             | N/A             | Variable      | 8.50%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co                                                | Wells Fargo & Co                                                | CUSIP: 94988U151<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EP               | CORP              | US        |     73015 | NS      | $1450808.05   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of New York Mellon Corp/The                                | Bank of New York Mellon Corp/The                                | CUSIP: 064058AL4<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |  43050000 | PA      | $42406165.73  | 0.82%             | N/A             | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| Toronto-Dominion Bank/The                                       | Toronto-Dominion Bank/The                                       | CUSIP: 89116C4H7<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |  27200000 | PA      | $27640150.40  | 0.53%             | 2085-10-31      | Variable      | 6.35%                 | No            |                  2 | On Loan: No      |
| Corebridge Financial Inc                                        | Corebridge Financial Inc                                        | CUSIP: 21871XAU3<br>LEI: 549300XY1661QCIA7J65 | Long             | DBT              | CORP              | US        |  24950000 | PA      | $25588196.05  | 0.49%             | N/A             | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| Public Storage                                                  | Public Storage                                                  | CUSIP: 74460W644<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EP               | CORP              | US        |    251400 | NS      | $5905386.00   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Digital Realty Trust Inc                                        | Digital Realty Trust Inc                                        | CUSIP: 253868822<br>LEI: 549300HKCZ31D08NEI41 | Long             | EP               | CORP              | US        |     30204 | NS      | $624920.76    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Corp                                               | State Street Corp                                               | CUSIP: 857477CH4<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |  52160000 | PA      | $54608807.68  | 1.05%             | N/A             | Variable      | 6.70%                 | No            |                  2 | On Loan: No      |
| Dai-ichi Life Insurance Co Ltd/The                              | Dai-ichi Life Insurance Co Ltd/The                              | CUSIP: 23381LAA2<br>LEI: 3538001235ACEIORUV72 | Long             | DBT              | CORP              | JP        |  16700000 | PA      | $17406660.50  | 0.34%             | N/A             | Variable      | 6.20%                 | No            |                  2 | On Loan: No      |
| Nomura Holdings Inc                                             | Nomura Holdings Inc                                             | CUSIP: 65535HCC1<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |   1200000 | PA      | $1255737.60   | 0.02%             | N/A             | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| Huntington Bancshares Inc/OH                                    | Huntington Bancshares Inc/OH                                    | CUSIP: 446150BG8<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |  41210000 | PA      | $41515036.42  | 0.80%             | N/A             | Variable      | 6.25%                 | No            |                  2 | On Loan: —       |
| Bank of Nova Scotia/The                                         | Bank of Nova Scotia/The                                         | CUSIP: 0641598S8<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |  39003000 | PA      | $41226912.06  | 0.80%             | 2082-10-27      | Variable      | 8.63%                 | No            |                  2 | On Loan: No      |
| Banco Santander SA                                              | Banco Santander SA                                              | CUSIP: 05971KAP4<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |  42000000 | PA      | $46645914.00  | 0.90%             | N/A             | Variable      | 9.63%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group PLC                                        | Lloyds Banking Group PLC                                        | CUSIP: 53944YAV5<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |   6400000 | PA      | $6953113.60   | 0.13%             | N/A             | Variable      | 8.00%                 | No            |                  2 | On Loan: —       |
| Mitsui Sumitomo Insurance Co Ltd                                | Mitsui Sumitomo Insurance Co Ltd                                | CUSIP: J4517MAA7<br>LEI: 5493006KRZ0SJO41LZ83 | Long             | DBT              | CORP              | JP        |    520000 | PA      | $526357.00    | 0.01%             | N/A             | Variable      | 4.95%                 | No            |                  2 | On Loan: No      |
| TELUS Corp                                                      | TELUS Corp                                                      | CUSIP: 87971MCQ4<br>LEI: 894500TX134IMF6NW757 | Long             | DBT              | CORP              | CA        |   2700000 | PA      | $2739868.20   | 0.05%             | 2056-06-09      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                   | Citigroup Inc                                                   | CUSIP: 172967PK1<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    645000 | PA      | $666669.42    | 0.01%             | N/A             | Variable      | 7.13%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group Inc/The                                     | Goldman Sachs Group Inc/The                                     | CUSIP: 38141GB52<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |  29100000 | PA      | $29985134.70  | 0.58%             | N/A             | Variable      | 6.13%                 | No            |                  2 | On Loan: —       |
| Affiliated Managers Group Inc                                   | Affiliated Managers Group Inc                                   | CUSIP: 008252843<br>LEI: 2JE75BUE3T1BLCYYGK54 | Long             | EP               | CORP              | US        |     14241 | NS      | $249929.55    | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Bank of Canada                                            | Royal Bank of Canada                                            | CUSIP: 780082AT0<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |  45550000 | PA      | $45116641.86  | 0.87%             | 2084-11-24      | Variable      | 6.35%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group PLC                                        | Lloyds Banking Group PLC                                        | CUSIP: 539439BF5<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |   9800000 | PA      | $9762291.56   | 0.19%             | N/A             | Variable      | 6.63%                 | No            |                  2 | On Loan: No      |
| Entergy Corp                                                    | Entergy Corp                                                    | CUSIP: 29364GAR4<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | DBT              | CORP              | US        |   2900000 | PA      | $2913946.10   | 0.06%             | 2056-06-15      | Variable      | 5.88%                 | No            |                  2 | On Loan: No      |
| Entergy Arkansas LLC                                            | Entergy Arkansas LLC                                            | CUSIP: 29364D100<br>LEI: 549300A0I5ONUIFMLP35 | Long             | EP               | CORP              | US        |     42249 | NS      | $892721.37    | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Stifel Financial Corp                                           | Stifel Financial Corp                                           | CUSIP: 860630862<br>LEI: 549300E5F07FE5GHJX84 | Long             | EP               | CORP              | US        |    558669 | NS      | $9698493.84   | 0.19%             |  |  |  | No            |                  1 | On Loan: —       |
| Public Storage                                                  | Public Storage                                                  | CUSIP: 74460W578<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EP               | CORP              | US        |    253963 | NS      | $4901485.90   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| BNP Paribas SA                                                  | BNP Paribas SA                                                  | CUSIP: 05602XQR2<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |   4800000 | PA      | $4825334.40   | 0.09%             | N/A             | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                   | Citigroup Inc                                                   | CUSIP: 172967PM7<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |  37855000 | PA      | $39915561.22  | 0.77%             | N/A             | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co                                                | Wells Fargo & Co                                                | CUSIP: 95002YAA1<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |  47100000 | PA      | $50262906.30  | 0.97%             | N/A             | Variable      | 7.63%                 | No            |                  2 | On Loan: No      |
| Royal Bank of Canada                                            | Royal Bank of Canada                                            | CUSIP: 780082BA0<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |   9900000 | PA      | $9887782.41   | 0.19%             | 2086-05-24      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| MMI Capital Trust I                                             | MMI Capital Trust I                                             | CUSIP: 553086AC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1073000 | PA      | $1127091.75   | 0.02%             | 2027-12-15      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| American Financial Group Inc/OH                                 | American Financial Group Inc/OH                                 | CUSIP: 025932807<br>LEI: 549300AFOM7IVKIU1G39 | Long             | EP               | CORP              | US        |     95443 | NS      | $2106427.01   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Swedbank AB                                                     | Swedbank AB                                                     | CUSIP: N/A<br>LEI: M312WZV08Y7LYUC71685       | Long             | DBT              | CORP              | SE        |  14800000 | PA      | $16058000.00  | 0.31%             | N/A             | Variable      | 7.75%                 | No            |                  2 | On Loan: No      |
| Kimco Realty Corp                                               | Kimco Realty Corp                                               | CUSIP: 49446R711<br>LEI: 254900ARY41P4V1JL861 | Long             | EP               | CORP              | US        |    359137 | NS      | $7488006.45   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntington Bancshares Inc/OH                                    | Huntington Bancshares Inc/OH                                    | CUSIP: 446150773<br>LEI: 549300XTVCVV9I7B5T19 | Long             | EP               | CORP              | US        |     67019 | NS      | $1722388.30   | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| HSBC Holdings PLC                                               | HSBC Holdings PLC                                               | CUSIP: 404280BP3<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   5600000 | PA      | $5720205.40   | 0.11%             | N/A             | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| UMB Financial Corp                                              | UMB Financial Corp                                              | CUSIP: 902788405<br>LEI: 549300MGEH3N3CUCV828 | Long             | EP               | CORP              | US        |    447600 | NS      | $11995680.00  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Sempra                                                          | Sempra                                                          | CUSIP: 816851BV0<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |  10400000 | PA      | $10617141.60  | 0.21%             | 2055-04-01      | Variable      | 6.55%                 | No            |                  2 | On Loan: No      |
| DTE Energy Co                                                   | DTE Energy Co                                                   | CUSIP: 233331818<br>LEI: 549300IX8SD6XXD71I78 | Long             | EP               | CORP              | US        |    342879 | NS      | $5931806.70   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Allianz SE                                                      | Allianz SE                                                      | CUSIP: 018820AD2<br>LEI: 529900K9B0N5BT694847 | Long             | DBT              | CORP              | DE        |   2000000 | PA      | $2045018.00   | 0.04%             | 2054-09-03      | Variable      | 5.60%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings Inc                             | NextEra Energy Capital Holdings Inc                             | CUSIP: 65339KAV2<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    500000 | PA      | $495889.35    | 0.01%             | 2077-12-01      | Variable      | 4.80%                 | No            |                  2 | On Loan: —       |
| Truist Financial Corp                                           | Truist Financial Corp                                           | CUSIP: 89832Q695<br>LEI: 549300DRQQI75D2JP341 | Long             | EP               | CORP              | US        |    462909 | NS      | $8910998.25   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co                                             | JPMorgan Chase & Co                                             | CUSIP: 48128B622<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EP               | CORP              | US        |    109347 | NS      | $2235052.68   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| ACE Capital Trust II                                            | ACE Capital Trust II                                            | CUSIP: 00440FAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  15488000 | PA      | $18552356.71  | 0.36%             | 2030-04-01      | Fixed         | 9.70%                 | No            |                  2 | On Loan: No      |
| Entergy Louisiana LLC                                           | Entergy Louisiana LLC                                           | CUSIP: 29364W108<br>LEI: 0V5453U14HDZO63CGH17 | Long             | EP               | CORP              | US        |    125440 | NS      | $2587827.20   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co                                                | Wells Fargo & Co                                                | CUSIP: 949746TB7<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   3700000 | PA      | $4176069.75   | 0.08%             | 2029-11-15      | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| Bank of New York Mellon Corp/The                                | Bank of New York Mellon Corp/The                                | CUSIP: 064058AS9<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |  19200000 | PA      | $19196245.25  | 0.37%             | N/A             | Variable      | 5.63%                 | No            |                  2 | On Loan: No      |
| Royal Bank of Canada                                            | Royal Bank of Canada                                            | CUSIP: 780082AR4<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |  47500000 | PA      | $50148760.55  | 0.97%             | 2084-05-02      | Variable      | 7.50%                 | No            |                  2 | On Loan: —       |
| JPMorgan Chase & Co                                             | JPMorgan Chase & Co                                             | CUSIP: 48123KAE6<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3750440.56   | 0.07%             | 2087-01-15      | Floating      | 4.88%                 | No            |                  2 | On Loan: No      |
| Truist Financial Corp                                           | Truist Financial Corp                                           | CUSIP: 89832QAF6<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |  35906000 | PA      | $36310122.03  | 0.70%             | N/A             | Variable      | 5.10%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                            | Bank of America Corp                                            | CUSIP: 06055HAK9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |  86175000 | PA      | $88670812.41  | 1.71%             | N/A             | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| Prudential Financial Inc                                        | Prudential Financial Inc                                        | CUSIP: 744320870<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | EP               | CORP              | US        |    166189 | NS      | $4104868.30   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco Bilbao Vizcaya Argentaria SA                              | Banco Bilbao Vizcaya Argentaria SA                              | CUSIP: 05946KAM3<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | DBT              | CORP              | ES        |  41200000 | PA      | $45896346.80  | 0.89%             | N/A             | Variable      | 9.38%                 | No            |                  2 | On Loan: No      |
| Regions Financial Corp                                          | Regions Financial Corp                                          | CUSIP: 7591EP886<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EP               | CORP              | US        |    311305 | NS      | $5478968.00   | 0.11%             |  |  |  | No            |                  1 | On Loan: —       |
| HSBC Holdings PLC                                               | HSBC Holdings PLC                                               | CUSIP: 404280BL2<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |  15900000 | PA      | $16056251.21  | 0.31%             | N/A             | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Dominion Energy Inc                                             | Dominion Energy Inc                                             | CUSIP: 25746UDT3<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |  18800000 | PA      | $19685574.00  | 0.38%             | 2055-02-01      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| Energy Transfer LP                                              | Energy Transfer LP                                              | CUSIP: 29273VBH2<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |  19400000 | PA      | $19829535.40  | 0.38%             | 2056-02-15      | Variable      | 6.75%                 | No            |                  2 | On Loan: No      |
| Digital Realty Trust Inc                                        | Digital Realty Trust Inc                                        | CUSIP: 253868830<br>LEI: 549300HKCZ31D08NEI41 | Long             | EP               | CORP              | US        |     76850 | NS      | $1831335.50   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Meiji Yasuda Life Insurance Co                                  | Meiji Yasuda Life Insurance Co                                  | CUSIP: 585270AD3<br>LEI: 549300SLU4LP6YMRLK07 | Long             | DBT              | CORP              | JP        |  19000000 | PA      | $19371298.00  | 0.37%             | 2054-09-11      | Variable      | 5.80%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings Inc                             | NextEra Energy Capital Holdings Inc                             | CUSIP: 65339KBK5<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |   3200000 | PA      | $3235888.00   | 0.06%             | 2079-05-01      | Variable      | 5.65%                 | No            |                  2 | On Loan: —       |
| Morgan Stanley                                                  | Morgan Stanley                                                  | CUSIP: 61762V853<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EP               | CORP              | US        |    440682 | NS      | $11374002.42  | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Realty Investment Trust                                 | Federal Realty Investment Trust                                 | CUSIP: 313745200<br>LEI: 549300FHEI1SLVZ0RB48 | Long             | EP               | CORP              | US        |    155168 | NS      | $3151462.08   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| CMS Energy Corp                                                 | CMS Energy Corp                                                 | CUSIP: 125896845<br>LEI: 549300IA9XFBAGNIBW29 | Long             | EP               | CORP              | US        |    142374 | NS      | $3314466.72   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| PNC Financial Services Group Inc/The                            | PNC Financial Services Group Inc/The                            | CUSIP: 693475BF1<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |   9200000 | PA      | $9345038.00   | 0.18%             | N/A             | Variable      | 6.20%                 | No            |                  2 | On Loan: No      |
| Kimco Realty Corp                                               | Kimco Realty Corp                                               | CUSIP: 49446R737<br>LEI: 254900ARY41P4V1JL861 | Long             | EP               | CORP              | US        |    110113 | NS      | $2238597.29   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Citizens Financial Group Inc                                    | Citizens Financial Group Inc                                    | CUSIP: 174610600<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | EP               | CORP              | US        |    669818 | NS      | $17582722.50  | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| KeyCorp                                                         | KeyCorp                                                         | CUSIP: 493267843<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | EP               | CORP              | US        |    388382 | NS      | $9942579.20   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Swedbank AB                                                     | Swedbank AB                                                     | CUSIP: N/A<br>LEI: M312WZV08Y7LYUC71685       | Long             | DBT              | CORP              | SE        |  13000000 | PA      | $13643010.03  | 0.26%             | N/A             | Variable      | 7.63%                 | No            |                  2 | On Loan: No      |
| Citizens Financial Group Inc                                    | Citizens Financial Group Inc                                    | CUSIP: 174610AQ8<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2000916.00   | 0.04%             | N/A             | Variable      | 7.07%                 | No            |                  2 | On Loan: —       |
| American Electric Power Co Inc                                  | American Electric Power Co Inc                                  | CUSIP: 025537BA8<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |  10000000 | PA      | $10806690.00  | 0.21%             | 2054-12-15      | Variable      | 6.95%                 | No            |                  2 | On Loan: No      |
| MetLife Capital Trust IV                                        | MetLife Capital Trust IV                                        | CUSIP: 591560AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  24540000 | PA      | $27286909.44  | 0.53%             | 2067-12-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| TransCanada PipeLines Ltd                                       | TransCanada PipeLines Ltd                                       | CUSIP: 89352HBG3<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | DBT              | CORP              | CA        |  12100000 | PA      | $12583576.50  | 0.24%             | 2065-06-01      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| BlackRock Liquidity FedFund - Institutional Class               | BlackRock Liquidity FedFund - Institutional Class               | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | RF                | US        |   6428478 | NS      | $6428478.43   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntington Bancshares Inc/OH                                    | Huntington Bancshares Inc/OH                                    | CUSIP: 446150AT1<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |  33673000 | PA      | $34507787.34  | 0.67%             | N/A             | Variable      | 5.63%                 | No            |                  2 | On Loan: —       |
| Standard Chartered PLC                                          | Standard Chartered PLC                                          | CUSIP: 853254DH0<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |  20500000 | PA      | $21188431.00  | 0.41%             | N/A             | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                                                    | UBS Group AG                                                    | CUSIP: 225401BJ6<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   7000000 | PA      | $7171591.00   | 0.14%             | N/A             | Variable      | 7.13%                 | No            |                  2 | On Loan: No      |
| Corebridge Financial Inc                                        | Corebridge Financial Inc                                        | CUSIP: 21871XAT6<br>LEI: 549300XY1661QCIA7J65 | Long             | DBT              | CORP              | US        |  12500000 | PA      | $12503725.00  | 0.24%             | 2054-09-15      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                             | JPMorgan Chase & Co                                             | CUSIP: 48128AAJ2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |  50200000 | PA      | $52583679.23  | 1.02%             | N/A             | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| Enbridge Inc                                                    | Enbridge Inc                                                    | CUSIP: 29250NAW5<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |  34882000 | PA      | $35542211.61  | 0.69%             | 2078-03-01      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| American Electric Power Co Inc                                  | American Electric Power Co Inc                                  | CUSIP: 025537AU5<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |  20950000 | PA      | $20645239.72  | 0.40%             | 2062-02-15      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| Phillips 66 Co                                                  | Phillips 66 Co                                                  | CUSIP: 718547BA9<br>LEI: RVJMT2IZVVSKIRJJBH76 | Long             | DBT              | CORP              | US        |  20025000 | PA      | $20296979.55  | 0.39%             | 2056-03-15      | Variable      | 6.20%                 | No            |                  2 | On Loan: No      |
| Northern Trust Corp                                             | Northern Trust Corp                                             | CUSIP: 665859856<br>LEI: 549300GLF98S992BC502 | Long             | EP               | CORP              | US        |    206006 | NS      | $4074798.68   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Voya Financial Inc                                              | Voya Financial Inc                                              | CUSIP: 929089AG5<br>LEI: 549300T065Z4KJ686G75 | Long             | DBT              | CORP              | US        |  20306000 | PA      | $21351779.31  | 0.41%             | N/A             | Variable      | 7.76%                 | No            |                  2 | On Loan: No      |
| Equitable Holdings Inc                                          | Equitable Holdings Inc                                          | CUSIP: 29452E408<br>LEI: 549300FIBAKMNHPZ4009 | Long             | EP               | CORP              | US        |    538652 | NS      | $8920077.12   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Toronto-Dominion Bank/The                                       | Toronto-Dominion Bank/The                                       | CUSIP: 89117F8Z5<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |  24600000 | PA      | $25738266.60  | 0.50%             | 2082-10-31      | Variable      | 8.13%                 | No            |                  2 | On Loan: No      |
| Enbridge Inc                                                    | Enbridge Inc                                                    | CUSIP: 29250NCG8<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |   5000000 | PA      | $5334010.00   | 0.10%             | 2055-03-15      | Variable      | 7.38%                 | No            |                  2 | On Loan: No      |
| Bank of Montreal                                                | Bank of Montreal                                                | CUSIP: 06368L5Q5<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |  17000000 | PA      | $18100733.00  | 0.35%             | 2084-11-26      | Variable      | 7.30%                 | No            |                  2 | On Loan: No      |
| M&T Bank Corp                                                   | M&T Bank Corp                                                   | CUSIP: 55261F849<br>LEI: 549300WYXDDBYRASEG81 | Long             | EP               | CORP              | US        |    210186 | NS      | $5296687.20   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc                                                   | Citigroup Inc                                                   | CUSIP: 17327CAV5<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |  10100000 | PA      | $10383668.60  | 0.20%             | N/A             | Variable      | 6.95%                 | No            |                  2 | On Loan: No      |
| Allstate Corp/The                                               | Allstate Corp/The                                               | CUSIP: 020002788<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EP               | CORP              | US        |    229165 | NS      | $6118705.50   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Enbridge Inc                                                    | Enbridge Inc                                                    | CUSIP: 29250NBT1<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |  17815000 | PA      | $20560629.99  | 0.40%             | 2084-01-15      | Variable      | 8.50%                 | No            |                  2 | On Loan: No      |
| Bank of Montreal                                                | Bank of Montreal                                                | CUSIP: 06368LQ58<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |  37793000 | PA      | $40031479.39  | 0.77%             | 2084-05-26      | Variable      | 7.70%                 | No            |                  2 | On Loan: No      |
| Public Storage                                                  | Public Storage                                                  | CUSIP: 74460W461<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EP               | CORP              | US        |    894470 | NS      | $14392022.30  | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Prudential Financial Inc                                        | Prudential Financial Inc                                        | CUSIP: 744320805<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | EP               | CORP              | US        |    169114 | NS      | $4092558.80   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Preferred ETF                                           | Invesco Preferred ETF                                           | CUSIP: 46138E511<br>LEI: 549300J11Q08WEERN210 | Long             | EC               | RF                | US        |   3431414 | NS      | $39118119.60  | 0.76%             |  |  |  | No            |                  1 | On Loan: —       |
| NiSource Inc                                                    | NiSource Inc                                                    | CUSIP: 65473PAY1<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |   3200000 | PA      | $3219788.80   | 0.06%             | 2056-07-15      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| Southern Co/The                                                 | Southern Co/The                                                 | CUSIP: 842587800<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EP               | CORP              | US        |    248873 | NS      | $5198956.97   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Aon Corp                                                        | Aon Corp                                                        | CUSIP: 037389AK9<br>LEI: LTS3U8DGK38SETRUWX71 | Long             | DBT              | CORP              | US        |   4350000 | PA      | $4485259.86   | 0.09%             | 2027-01-01      | Fixed         | 8.21%                 | No            |                  2 | On Loan: No      |
| Prudential Financial Inc                                        | Prudential Financial Inc                                        | CUSIP: 744320BK7<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |  23400000 | PA      | $24179524.20  | 0.47%             | 2052-09-01      | Variable      | 6.00%                 | No            |                  2 | On Loan: —       |
| NatWest Group PLC                                               | NatWest Group PLC                                               | CUSIP: 639057AQ1<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |  67005000 | PA      | $75567032.91  | 1.46%             | N/A             | Variable      | 8.13%                 | No            |                  2 | On Loan: No      |
| Prudential Financial Inc                                        | Prudential Financial Inc                                        | CUSIP: 744320BJ0<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $982701.90    | 0.02%             | 2052-03-01      | Variable      | 5.13%                 | No            |                  2 | On Loan: No      |
| Webster Financial Corp                                          | Webster Financial Corp                                          | CUSIP: 947890505<br>LEI: KMRURHT0VWKYS6Z5KU67 | Long             | EP               | CORP              | US        |    194856 | NS      | $4053004.80   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Citizens Financial Group Inc                                    | Citizens Financial Group Inc                                    | CUSIP: 174610BD6<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |  34319000 | PA      | $34125770.30  | 0.66%             | N/A             | Variable      | 4.00%                 | No            |                  2 | On Loan: —       |
| Canadian Imperial Bank of Commerce                              | Canadian Imperial Bank of Commerce                              | CUSIP: 13607QUM2<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |   5000000 | PA      | $5015001.90   | 0.10%             | 2086-07-28      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| Macquarie Bank Ltd/London                                       | Macquarie Bank Ltd/London                                       | CUSIP: 556079AB7<br>LEI: 549300MPRNPO6FWNKN78 | Long             | DBT              | CORP              | AU        |  21000000 | PA      | $21252525.00  | 0.41%             | N/A             | Variable      | 6.13%                 | No            |                  2 | On Loan: —       |
| NiSource Inc                                                    | NiSource Inc                                                    | CUSIP: 65473PAR6<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4179320.00   | 0.08%             | 2054-11-30      | Variable      | 6.95%                 | No            |                  2 | On Loan: No      |
| Public Storage                                                  | Public Storage                                                  | CUSIP: 74460W594<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EP               | CORP              | US        |    332599 | NS      | $6286121.10   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Societe Generale SA                                             | Societe Generale SA                                             | CUSIP: 83370RAC2<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |   3800000 | PA      | $4047691.60   | 0.08%             | N/A             | Variable      | 9.38%                 | No            |                  2 | On Loan: No      |
| Bank of Montreal                                                | Bank of Montreal                                                | CUSIP: 06368L8V1<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |  26150000 | PA      | $26971659.15  | 0.52%             | 2085-11-26      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| Equitable Holdings Inc                                          | Equitable Holdings Inc                                          | CUSIP: 29452EAD3<br>LEI: 549300FIBAKMNHPZ4009 | Long             | DBT              | CORP              | US        |   8100000 | PA      | $8444412.00   | 0.16%             | 2055-03-28      | Variable      | 6.70%                 | No            |                  2 | On Loan: No      |
| Regions Financial Corp                                          | Regions Financial Corp                                          | CUSIP: 7591EP704<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EP               | CORP              | US        |    338586 | NS      | $8308900.44   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Standard Chartered PLC                                          | Standard Chartered PLC                                          | CUSIP: 853254AB6<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |   9200000 | PA      | $9712136.40   | 0.19%             | N/A             | Variable      | 7.01%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group Inc/The                                     | Goldman Sachs Group Inc/The                                     | CUSIP: 38141GA79<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |  15500000 | PA      | $16500525.00  | 0.32%             | N/A             | Variable      | 7.50%                 | No            |                  2 | On Loan: No      |
| Entergy Corp                                                    | Entergy Corp                                                    | CUSIP: 29364GAS2<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | DBT              | CORP              | US        |   5300000 | PA      | $5343931.70   | 0.10%             | 2056-06-15      | Variable      | 6.10%                 | No            |                  2 | On Loan: No      |
| Cullen/Frost Bankers Inc                                        | Cullen/Frost Bankers Inc                                        | CUSIP: 229899307<br>LEI: 529900V2E9G9AY665O34 | Long             | EP               | CORP              | US        |    298372 | NS      | $5349809.96   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsui Sumitomo Insurance Co Ltd                                | Mitsui Sumitomo Insurance Co Ltd                                | CUSIP: 606839AB4<br>LEI: 5493006KRZ0SJO41LZ83 | Long             | DBT              | CORP              | JP        |   1800000 | PA      | $1822005.00   | 0.04%             | N/A             | Variable      | 4.95%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                   | Citigroup Inc                                                   | CUSIP: 172967PR6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |  15800000 | PA      | $16162531.00  | 0.31%             | N/A             | Variable      | 6.75%                 | No            |                  2 | On Loan: —       |
| HSBC Holdings PLC                                               | HSBC Holdings PLC                                               | CUSIP: 404280FA2<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   8300000 | PA      | $8644585.29   | 0.17%             | N/A             | Variable      | 7.05%                 | No            |                  2 | On Loan: No      |
| Julius Baer Group Ltd                                           | Julius Baer Group Ltd                                           | CUSIP: N/A<br>LEI: 5299007MF0604ZGJER92       | Long             | DBT              | CORP              | CH        |   5000000 | PA      | $5055832.65   | 0.10%             | N/A             | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| M&T Bank Corp                                                   | M&T Bank Corp                                                   | CUSIP: 55261FAH7<br>LEI: 549300WYXDDBYRASEG81 | Long             | DBT              | CORP              | US        |   6305000 | PA      | $6311090.63   | 0.12%             | N/A             | Variable      | 5.13%                 | No            |                  2 | On Loan: No      |
| Liberty Mutual Group Inc                                        | Liberty Mutual Group Inc                                        | CUSIP: 53079EBM5<br>LEI: QUR0DG15Z6FFGYCHH861 | Long             | DBT              | CORP              | US        |   4700000 | PA      | $4664741.92   | 0.09%             | 2051-12-15      | Variable      | 4.13%                 | No            |                  2 | On Loan: No      |
| Nationwide Financial Services Inc                               | Nationwide Financial Services Inc                               | CUSIP: 638612AJ0<br>LEI: 5493001H7AZNDS6BKJ36 | Long             | DBT              | CORP              | US        |  15000000 | PA      | $15157425.00  | 0.29%             | 2087-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| American Electric Power Co Inc                                  | American Electric Power Co Inc                                  | CUSIP: 02557TAF6<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |   9600000 | PA      | $9633744.00   | 0.19%             | 2056-03-15      | Variable      | 6.05%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp                                      | Capital One Financial Corp                                      | CUSIP: 14040H782<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EP               | CORP              | US        |    227766 | NS      | $4229614.62   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| DNB Bank ASA                                                    | DNB Bank ASA                                                    | CUSIP: N/A<br>LEI: 549300GKFG0RYRRQ1414       | Long             | DBT              | CORP              | NO        |   4000000 | PA      | $4208288.00   | 0.08%             | N/A             | Variable      | 7.38%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                                                    | UBS Group AG                                                    | CUSIP: 902613BS6<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |  21300000 | PA      | $21635609.19  | 0.42%             | N/A             | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| Banco Bilbao Vizcaya Argentaria SA                              | Banco Bilbao Vizcaya Argentaria SA                              | CUSIP: 05946KAS0<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | DBT              | CORP              | ES        |  45000000 | PA      | $48311955.00  | 0.93%             | N/A             | Variable      | 7.75%                 | No            |                  2 | On Loan: No      |
| ING Groep NV                                                    | ING Groep NV                                                    | CUSIP: 456837BT9<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |  81000000 | PA      | $84199339.62  | 1.63%             | N/A             | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                                                    | UBS Group AG                                                    | CUSIP: N/A<br>LEI: 549300SZJ9VS8SGXAN81       | Long             | DBT              | CORP              | CH        |  19480000 | PA      | $22781898.96  | 0.44%             | N/A             | Variable      | 9.25%                 | No            |                  2 | On Loan: No      |
| Meiji Yasuda Life Insurance Co                                  | Meiji Yasuda Life Insurance Co                                  | CUSIP: 585270AE1<br>LEI: 549300SLU4LP6YMRLK07 | Long             | DBT              | CORP              | JP        |  23700000 | PA      | $24553460.70  | 0.47%             | 2055-06-11      | Variable      | 6.10%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                   | Citigroup Inc                                                   | CUSIP: 172967QJ3<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |  68807000 | PA      | $71131378.90  | 1.37%             | N/A             | Variable      | 6.63%                 | No            |                  2 | On Loan: No      |
| Affiliated Managers Group Inc                                   | Affiliated Managers Group Inc                                   | CUSIP: 008252835<br>LEI: 2JE75BUE3T1BLCYYGK54 | Long             | EP               | CORP              | US        |    178026 | NS      | $2786106.90   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| WEC Energy Group Inc                                            | WEC Energy Group Inc                                            | CUSIP: 92939UAU0<br>LEI: 549300IGLYTZUK3PVP70 | Long             | DBT              | CORP              | US        |   6600000 | PA      | $6641639.40   | 0.13%             | 2056-05-15      | Variable      | 5.63%                 | No            |                  2 | On Loan: No      |
| Equitable Holdings Inc                                          | Equitable Holdings Inc                                          | CUSIP: 29452E200<br>LEI: 549300FIBAKMNHPZ4009 | Long             | EP               | CORP              | US        |    461567 | NS      | $9499048.86   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntington Bancshares Inc/OH                                    | Huntington Bancshares Inc/OH                                    | CUSIP: 446150AV6<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |  73226000 | PA      | $72719151.60  | 1.40%             | N/A             | Variable      | 4.45%                 | No            |                  2 | On Loan: No      |
| Swiss RE Subordinated Finance PLC                               | Swiss RE Subordinated Finance PLC                               | CUSIP: 87088QAB0<br>LEI: 636700H29EH5Z8ZU8L04 | Long             | DBT              | CORP              | GB        |   2000000 | PA      | $2106189.96   | 0.04%             | 2046-04-01      | Variable      | 6.19%                 | No            |                  2 | On Loan: No      |
| Regions Financial Corp                                          | Regions Financial Corp                                          | CUSIP: 7591EP860<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EP               | CORP              | US        |    845886 | NS      | $21908447.40  | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Voya Financial Inc                                              | Voya Financial Inc                                              | CUSIP: 929089209<br>LEI: 549300T065Z4KJ686G75 | Long             | EP               | CORP              | US        |     62038 | NS      | $1493254.66   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| DTE Energy Co                                                   | DTE Energy Co                                                   | CUSIP: 233331859<br>LEI: 549300IX8SD6XXD71I78 | Long             | EP               | CORP              | US        |    381382 | NS      | $8478121.86   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc                                                   | Citigroup Inc                                                   | CUSIP: 172967PC9<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |  24600000 | PA      | $25662530.09  | 0.50%             | N/A             | Variable      | 7.38%                 | No            |                  2 | On Loan: No      |
| Prologis Inc                                                    | Prologis Inc                                                    | CUSIP: 74340W202<br>LEI: 529900DFH19P073LZ636 | Long             | EP               | CORP              | US        |    107708 | NS      | $5713909.40   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of New York Mellon Corp/The                                | Bank of New York Mellon Corp/The                                | CUSIP: 064058AR1<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1129146.70   | 0.02%             | N/A             | Variable      | 5.95%                 | No            |                  2 | On Loan: No      |
| Barclays PLC                                                    | Barclays PLC                                                    | CUSIP: 06738ECN3<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |  71400000 | PA      | $80947465.20  | 1.56%             | N/A             | Variable      | 9.63%                 | No            |                  2 | On Loan: No      |
| Royal Bank of Canada                                            | Royal Bank of Canada                                            | CUSIP: 780082AV5<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |  12100000 | PA      | $12554391.30  | 0.24%             | 2085-08-24      | Variable      | 6.75%                 | No            |                  2 | On Loan: No      |
| Swiss RE Subordinated Finance PLC                               | Swiss RE Subordinated Finance PLC                               | CUSIP: 87088QAA2<br>LEI: 636700H29EH5Z8ZU8L04 | Long             | DBT              | CORP              | GB        |  10800000 | PA      | $11340242.46  | 0.22%             | 2035-04-05      | Variable      | 5.70%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                                                    | UBS Group AG                                                    | CUSIP: 902613BE7<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |  37000000 | PA      | $43271241.00  | 0.84%             | N/A             | Variable      | 9.25%                 | No            |                  2 | On Loan: No      |
| State Street Corp                                               | State Street Corp                                               | CUSIP: 857477CS0<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |  11100000 | PA      | $11592662.40  | 0.22%             | N/A             | Variable      | 6.45%                 | No            |                  2 | On Loan: No      |
| MetLife Inc                                                     | MetLife Inc                                                     | CUSIP: 59156RAV0<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |  53713000 | PA      | $71153933.38  | 1.37%             | 2069-08-01      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| Liberty Mutual Group Inc                                        | Liberty Mutual Group Inc                                        | CUSIP: 53079EAN4<br>LEI: QUR0DG15Z6FFGYCHH861 | Long             | DBT              | CORP              | US        |  76240000 | PA      | $88318479.82  | 1.71%             | 2087-03-07      | Fixed         | 7.80%                 | No            |                  2 | On Loan: No      |
| Reinsurance Group of America Inc                                | Reinsurance Group of America Inc                                | CUSIP: 759351AV1<br>LEI: LORM1GNEU1DKEW527V90 | Long             | DBT              | CORP              | US        |   5500000 | PA      | $5505378.73   | 0.11%             | 2056-09-15      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| Standard Chartered PLC                                          | Standard Chartered PLC                                          | CUSIP: 853254DF4<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |  16600000 | PA      | $17776774.00  | 0.34%             | N/A             | Variable      | 7.63%                 | No            |                  2 | On Loan: —       |
| Bank of America Corp                                            | Bank of America Corp                                            | CUSIP: 06055HAB9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |  27236000 | PA      | $27597857.50  | 0.53%             | N/A             | Variable      | 6.13%                 | No            |                  2 | On Loan: No      |
| KeyCorp Capital III                                             | KeyCorp Capital III                                             | CUSIP: 49326QAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  11200000 | PA      | $12035046.91  | 0.23%             | 2029-07-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Phillips 66 Co                                                  | Phillips 66 Co                                                  | CUSIP: 718547AZ5<br>LEI: RVJMT2IZVVSKIRJJBH76 | Long             | DBT              | CORP              | US        |   8000000 | PA      | $8043520.00   | 0.16%             | 2056-03-15      | Variable      | 5.88%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                            | Bank of America Corp                                            | CUSIP: 06055H806<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EP               | CORP              | US        |      7500 | NS      | $133200.00    | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Principal Funds, Inc - Government Money Market Fund - Class R-6 | Principal Funds, Inc - Government Money Market Fund - Class R-6 | CUSIP: 74257B639<br>LEI: N/A                  | Long             | STIV             | RF                | US        | 101003574 | NS      | $101003574.07 | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Zurich Finance Ireland Designated Activity Co                   | Zurich Finance Ireland Designated Activity Co                   | CUSIP: N/A<br>LEI: 549300E0FVHYR37EGX65       | Long             | DBT              | CORP              | IE        |  30100000 | PA      | $27520517.89  | 0.53%             | 2051-04-19      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| American Financial Group Inc/OH                                 | American Financial Group Inc/OH                                 | CUSIP: 025932864<br>LEI: 549300AFOM7IVKIU1G39 | Long             | EP               | CORP              | US        |     92709 | NS      | $1589032.26   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T Inc                                                        | AT&T Inc                                                        | CUSIP: 00206R508<br>LEI: 549300Z40J86GGSTL398 | Long             | EP               | CORP              | US        |     22144 | NS      | $462366.72    | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| KeyCorp                                                         | KeyCorp                                                         | CUSIP: 493267702<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | EP               | CORP              | US        |    725741 | NS      | $18353989.89  | 0.35%             |  |  |  | No            |                  1 | On Loan: —       |
| NextEra Energy Capital Holdings Inc                             | NextEra Energy Capital Holdings Inc                             | CUSIP: 65339KCW8<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |  16700000 | PA      | $17340294.70  | 0.33%             | 2054-09-01      | Variable      | 6.70%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group PLC                                        | Lloyds Banking Group PLC                                        | CUSIP: 53944YAJ2<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $201210.80    | 0.00%             | N/A             | Variable      | 6.75%                 | No            |                  2 | On Loan: No      |
| Arch Capital Group Ltd                                          | Arch Capital Group Ltd                                          | CUSIP: 03939A404<br>LEI: 549300AYR4P8AFKDCE43 | Long             | EP               | CORP              | BM        |    121539 | NS      | $2139086.40   | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Liberty Mutual Insurance Co                                     | Liberty Mutual Insurance Co                                     | CUSIP: 53079QAD9<br>LEI: CNC20I6IOMGF7KY49D67 | Long             | DBT              | CORP              | US        |   5025000 | PA      | $5718600.60   | 0.11%             | 2097-10-15      | Fixed         | 7.70%                 | No            |                  2 | On Loan: No      |
| Barclays PLC                                                    | Barclays PLC                                                    | CUSIP: 06738EDC6<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |  18300000 | PA      | $19430574.00  | 0.38%             | N/A             | Variable      | 7.63%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                   | Citigroup Inc                                                   | CUSIP: 17327CBC6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |  11000000 | PA      | $11278520.00  | 0.22%             | N/A             | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| Argentum Netherlands BV for Swiss Re Ltd                        | Argentum Netherlands BV for Swiss Re Ltd                        | CUSIP: N/A<br>LEI: 724500RPEZI5VVQQWE89       | Long             | DBT              | CORP              | NL        |  38620000 | PA      | $39143802.67  | 0.76%             | 2052-08-15      | Variable      | 5.63%                 | No            |                  2 | On Loan: No      |
| Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen       | Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen       | CUSIP: 62582PAA8<br>LEI: 529900MUF4C20K50JS49 | Long             | DBT              | CORP              | DE        |   4800000 | PA      | $5042279.90   | 0.10%             | 2042-05-23      | Variable      | 5.88%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                                                    | UBS Group AG                                                    | CUSIP: H42097FA0<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   7500000 | PA      | $7662690.00   | 0.15%             | N/A             | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| RenaissanceRe Holdings Ltd                                      | RenaissanceRe Holdings Ltd                                      | CUSIP: 75968N309<br>LEI: EK6GB9U3U58PDI411C94 | Long             | EP               | CORP              | BM        |     23682 | NS      | $525977.22    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Allstate Corp/The                                               | Allstate Corp/The                                               | CUSIP: 020002812<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EP               | CORP              | US        |    135447 | NS      | $2658824.61   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Sumitomo Life Insurance Co                                      | Sumitomo Life Insurance Co                                      | CUSIP: 86564CAF7<br>LEI: 549300I5OQCDADQSPI57 | Long             | DBT              | CORP              | JP        |  45800000 | PA      | $46429108.80  | 0.90%             | 2055-09-10      | Variable      | 5.88%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                            | Bank of America Corp                                            | CUSIP: 06051GHP7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   6112000 | PA      | $6392777.15   | 0.12%             | 2027-06-15      | Fixed         | 8.05%                 | No            |                  2 | On Loan: —       |
| Spire Inc                                                       | Spire Inc                                                       | CUSIP: 84857L705<br>LEI: 549300NXSY15DRY2R511 | Long             | EP               | CORP              | US        |     44602 | NS      | $1111035.82   | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Banco Santander SA                                              | Banco Santander SA                                              | CUSIP: 05964HBH7<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |   4600000 | PA      | $5073928.80   | 0.10%             | N/A             | Variable      | 8.00%                 | No            |                  2 | On Loan: No      |
| Standard Chartered PLC                                          | Standard Chartered PLC                                          | CUSIP: 853254CM0<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |  35000000 | PA      | $36299725.00  | 0.70%             | N/A             | Variable      | 7.75%                 | No            |                  2 | On Loan: No      |
| Georgia Power Co                                                | Georgia Power Co                                                | CUSIP: 373334440<br>LEI: D981X4Z4RWS7PDMJUZ03 | Long             | EP               | CORP              | US        |    143095 | NS      | $3328389.70   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc                                                   | Citigroup Inc                                                   | CUSIP: 172967QK0<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |  19469000 | PA      | $19761365.97  | 0.38%             | N/A             | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| Bank of Nova Scotia/The                                         | Bank of Nova Scotia/The                                         | CUSIP: 0641598X7<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |  25300000 | PA      | $26534715.90  | 0.51%             | 2085-04-27      | Variable      | 7.35%                 | No            |                  2 | On Loan: No      |
| Canadian Imperial Bank of Commerce                              | Canadian Imperial Bank of Commerce                              | CUSIP: 13607P7Y4<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |  24850000 | PA      | $25763809.05  | 0.50%             | 2085-10-28      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings Inc                             | NextEra Energy Capital Holdings Inc                             | CUSIP: 65339K860<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | EP               | CORP              | US        |     98197 | NS      | $2349854.21   | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| TELUS Corp                                                      | TELUS Corp                                                      | CUSIP: 87971MCM3<br>LEI: 894500TX134IMF6NW757 | Long             | DBT              | CORP              | CA        |  14100000 | PA      | $14879095.50  | 0.29%             | 2055-10-15      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                                  | BNP Paribas SA                                                  | CUSIP: 05565A5R0<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |   8400000 | PA      | $8979423.60   | 0.17%             | N/A             | Variable      | 8.50%                 | No            |                  2 | On Loan: No      |
| ING Groep NV                                                    | ING Groep NV                                                    | CUSIP: N/A<br>LEI: 549300NYKK9MWM7GGW15       | Long             | DBT              | CORP              | NL        |  30400000 | PA      | $32566000.00  | 0.63%             | N/A             | Variable      | 7.25%                 | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                                  | BNP Paribas SA                                                  | CUSIP: N/A<br>LEI: R0MUWSFPU8MPRO8K5P83       | Long             | DBT              | CORP              | FR        |  10048000 | PA      | $10693714.62  | 0.21%             | N/A             | Variable      | 7.75%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings Inc                             | NextEra Energy Capital Holdings Inc                             | CUSIP: 302570AW6<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |  12149000 | PA      | $10994218.11  | 0.21%             | 2066-10-01      | Variable      | 5.99%                 | No            |                  2 | On Loan: No      |
| PNC Financial Services Group Inc/The                            | PNC Financial Services Group Inc/The                            | CUSIP: 693475BP9<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        | 111020000 | PA      | $115135622.42 | 2.22%             | N/A             | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| Bank of Nova Scotia/The                                         | Bank of Nova Scotia/The                                         | CUSIP: 0641598V1<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |  27045000 | PA      | $28939448.16  | 0.56%             | 2084-01-27      | Variable      | 8.00%                 | No            |                  2 | On Loan: No      |
| Enbridge Inc                                                    | Enbridge Inc                                                    | CUSIP: 29250NBS3<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |   2000000 | PA      | $2154384.00   | 0.04%             | 2084-01-15      | Variable      | 8.25%                 | No            |                  2 | On Loan: No      |
| Dominion Energy Inc                                             | Dominion Energy Inc                                             | CUSIP: 25746UEA3<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |  19515000 | PA      | $19867382.36  | 0.38%             | 2056-02-15      | Variable      | 6.20%                 | No            |                  2 | On Loan: No      |
| Canadian Imperial Bank of Commerce                              | Canadian Imperial Bank of Commerce                              | CUSIP: 13607PNF7<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |  13600000 | PA      | $14063460.80  | 0.27%             | 2085-01-28      | Variable      | 6.95%                 | No            |                  2 | On Loan: No      |
| Duke Energy Corp                                                | Duke Energy Corp                                                | CUSIP: 26441CCG8<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |  14900000 | PA      | $15700279.00  | 0.30%             | 2054-09-01      | Variable      | 6.45%                 | No            |                  2 | On Loan: —       |
| EUSHI Finance Inc                                               | EUSHI Finance Inc                                               | CUSIP: 29882DAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1266822.00   | 0.02%             | 2054-12-15      | Variable      | 7.63%                 | No            |                  2 | On Loan: No      |
| DTE Energy Co                                                   | DTE Energy Co                                                   | CUSIP: 233331792<br>LEI: 549300IX8SD6XXD71I78 | Long             | EP               | CORP              | US        |    188292 | NS      | $4716714.60   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Dominion Energy Inc                                             | Dominion Energy Inc                                             | CUSIP: 25746UDU0<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |  22400000 | PA      | $24317014.40  | 0.47%             | 2054-06-01      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| Digital Realty Trust Inc                                        | Digital Realty Trust Inc                                        | CUSIP: 253868855<br>LEI: 549300HKCZ31D08NEI41 | Long             | EP               | CORP              | US        |     31800 | NS      | $668754.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| American Financial Group Inc/OH                                 | American Financial Group Inc/OH                                 | CUSIP: 025932872<br>LEI: 549300AFOM7IVKIU1G39 | Long             | EP               | CORP              | US        |    126716 | NS      | $2655967.36   | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| UBS Group AG                                                    | UBS Group AG                                                    | CUSIP: N/A<br>LEI: 549300SZJ9VS8SGXAN81       | Long             | DBT              | CORP              | CH        |   1000000 | PA      | $1013868.00   | 0.02%             | N/A             | Variable      | 7.00%                 | No            |                  2 | On Loan: —       |
| Allstate Corp/The                                               | Allstate Corp/The                                               | CUSIP: 020002838<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EP               | CORP              | US        |     47311 | NS      | $1007251.19   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Barclays PLC                                                    | Barclays PLC                                                    | CUSIP: 06738EBX2<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |   3600000 | PA      | $3838702.50   | 0.07%             | N/A             | Variable      | 8.00%                 | No            |                  2 | On Loan: —       |
| BNP Paribas SA                                                  | BNP Paribas SA                                                  | CUSIP: 05565AM34<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |  50000000 | PA      | $53220300.00  | 1.03%             | N/A             | Variable      | 7.75%                 | No            |                  2 | On Loan: No      |
| Southern Co/The                                                 | Southern Co/The                                                 | CUSIP: 842587404<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EP               | CORP              | US        |    550514 | NS      | $12188379.96  | 0.24%             |  |  |  | No            |                  1 | On Loan: —       |
| Prudential Financial Inc                                        | Prudential Financial Inc                                        | CUSIP: 744320BP6<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |   8285000 | PA      | $8730948.41   | 0.17%             | 2054-03-15      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| Voya Financial Inc                                              | Voya Financial Inc                                              | CUSIP: 929089AF7<br>LEI: 549300T065Z4KJ686G75 | Long             | DBT              | CORP              | US        |  16155000 | PA      | $15528607.65  | 0.30%             | 2048-01-23      | Variable      | 4.70%                 | No            |                  2 | On Loan: No      |
| Duke Energy Corp                                                | Duke Energy Corp                                                | CUSIP: 26441CBP9<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3914851.60   | 0.08%             | 2082-01-15      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| Public Storage                                                  | Public Storage                                                  | CUSIP: 74460W537<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EP               | CORP              | US        |    567023 | NS      | $9514645.94   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of New York Mellon Corp/The                                | Bank of New York Mellon Corp/The                                | CUSIP: 064058845<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EP               | CORP              | US        |    871004 | NS      | $22480613.24  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| HSBC Holdings PLC                                               | HSBC Holdings PLC                                               | CUSIP: 404280EJ4<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   6000000 | PA      | $6325068.00   | 0.12%             | N/A             | Variable      | 6.95%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp                                      | Capital One Financial Corp                                      | CUSIP: 14040H824<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EP               | CORP              | US        |    252621 | NS      | $4961476.44   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Nordea Bank Abp                                                 | Nordea Bank Abp                                                 | CUSIP: 65558RAQ2<br>LEI: 529900ODI3047E2LIV03 | Long             | DBT              | CORP              | FI        |  22400000 | PA      | $23140326.72  | 0.45%             | N/A             | Variable      | 6.75%                 | No            |                  2 | On Loan: No      |
| Reinsurance Group of America Inc                                | Reinsurance Group of America Inc                                | CUSIP: 759351AT6<br>LEI: LORM1GNEU1DKEW527V90 | Long             | DBT              | CORP              | US        |   9100000 | PA      | $9420556.60   | 0.18%             | 2055-09-15      | Variable      | 6.65%                 | No            |                  2 | On Loan: No      |
| CoBank ACB                                                      | CoBank ACB                                                      | CUSIP: 19075QAD4<br>LEI: P0J8I7M2E0A77CKF1705 | Long             | DBT              | USGSE             | US        |   1000000 | PA      | $986522.30    | 0.02%             | N/A             | Variable      | 4.25%                 | No            |                  2 | On Loan: No      |
| AltaGas Ltd                                                     | AltaGas Ltd                                                     | CUSIP: 021361AD2<br>LEI: 2549008X5V70MOS4HM10 | Long             | DBT              | CORP              | CA        |   4626000 | PA      | $4833300.31   | 0.09%             | 2054-10-15      | Variable      | 7.20%                 | No            |                  2 | On Loan: No      |
| Societe Generale SA                                             | Societe Generale SA                                             | CUSIP: 83371GAA9<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |  30100000 | PA      | $33224501.00  | 0.64%             | N/A             | Variable      | 10.00%                | No            |                  2 | On Loan: No      |
| UBS Group AG                                                    | UBS Group AG                                                    | CUSIP: 902613BV9<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   5250000 | PA      | $5259891.00   | 0.10%             | N/A             | Variable      | 6.63%                 | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                                  | BNP Paribas SA                                                  | CUSIP: 05602XQQ4<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |   7500000 | PA      | $7923382.50   | 0.15%             | N/A             | Variable      | 7.45%                 | No            |                  2 | On Loan: No      |
| Farm Credit Bank of Texas                                       | Farm Credit Bank of Texas                                       | CUSIP: 30767EAF6<br>LEI: V1EBJIOLRNYDHDF63Z33 | Long             | DBT              | USGSE             | US        |   4515000 | PA      | $4682809.82   | 0.09%             | N/A             | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| Public Storage                                                  | Public Storage                                                  | CUSIP: 74460W511<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EP               | CORP              | US        |    117394 | NS      | $1825476.70   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Dominion Energy Inc                                             | Dominion Energy Inc                                             | CUSIP: 25746UDV8<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |  35600000 | PA      | $36954473.20  | 0.71%             | 2055-05-15      | Variable      | 6.63%                 | No            |                  2 | On Loan: No      |
| US Bancorp                                                      | US Bancorp                                                      | CUSIP: 902973718<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EP               | CORP              | US        |     54816 | NS      | $914330.88    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| KeyCorp                                                         | KeyCorp                                                         | CUSIP: 493267AK4<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | DBT              | CORP              | US        |   6211000 | PA      | $6192988.72   | 0.12%             | N/A             | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Credit Agricole SA                                              | Credit Agricole SA                                              | CUSIP: 225313AT2<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |  61700000 | PA      | $64907077.77  | 1.25%             | N/A             | Variable      | 7.13%                 | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                                  | BNP Paribas SA                                                  | CUSIP: 05602XDJ4<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |  20000000 | PA      | $21844500.00  | 0.42%             | N/A             | Variable      | 8.00%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co                                                | Wells Fargo & Co                                                | CUSIP: 949746804<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EP               | CORP              | US        |      2374 | NS      | $2924744.26   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy Capital Holdings Inc                             | NextEra Energy Capital Holdings Inc                             | CUSIP: 65339K837<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | EP               | CORP              | US        |    304235 | NS      | $7715399.60   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Citizens Financial Group Inc                                    | Citizens Financial Group Inc                                    | CUSIP: 174610808<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | EP               | CORP              | US        |    609059 | NS      | $15537095.09  | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| M&T Bank Corp                                                   | M&T Bank Corp                                                   | CUSIP: 55261FAN4<br>LEI: 549300WYXDDBYRASEG81 | Long             | DBT              | CORP              | US        |  37118000 | PA      | $36681239.92  | 0.71%             | N/A             | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| M&T Bank Corp                                                   | M&T Bank Corp                                                   | CUSIP: 55261F872<br>LEI: 549300WYXDDBYRASEG81 | Long             | EP               | CORP              | US        |     11592 | NS      | $292582.08    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Nippon Life Insurance Co                                        | Nippon Life Insurance Co                                        | CUSIP: 654579AN1<br>LEI: 549300Y0HHMFW3EVWY08 | Long             | DBT              | CORP              | JP        |  18300000 | PA      | $19070234.74  | 0.37%             | 2054-04-16      | Variable      | 5.95%                 | No            |                  2 | On Loan: No      |
| NatWest Group PLC                                               | NatWest Group PLC                                               | CUSIP: 639057AT5<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |   6800000 | PA      | $7219063.60   | 0.14%             | N/A             | Variable      | 7.30%                 | No            |                  2 | On Loan: No      |
| USB Realty Corp                                                 | USB Realty Corp                                                 | CUSIP: 903312AA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1277136.00   | 0.02%             | N/A             | Variable      | 5.08%                 | No            |                  2 | On Loan: No      |
| Vodafone Group PLC                                              | Vodafone Group PLC                                              | CUSIP: 92857WBX7<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |   4600000 | PA      | $3719185.10   | 0.07%             | 2081-06-04      | Variable      | 5.13%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                                                    | UBS Group AG                                                    | CUSIP: 902613BF4<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |  17000000 | PA      | $18531204.11  | 0.36%             | N/A             | Variable      | 9.25%                 | No            |                  2 | On Loan: No      |
| Enterprise Products Operating LLC                               | Enterprise Products Operating LLC                               | CUSIP: 29379VBN2<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |  27400000 | PA      | $27421920.00  | 0.53%             | 2077-08-16      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group Inc/The                                     | Goldman Sachs Group Inc/The                                     | CUSIP: 38141GC28<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |  51500000 | PA      | $53930182.00  | 1.04%             | N/A             | Variable      | 6.85%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group Inc/The                                     | Goldman Sachs Group Inc/The                                     | CUSIP: 38144G804<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EP               | CORP              | US        |     31810 | NS      | $632700.90    | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Public Storage                                                  | Public Storage                                                  | CUSIP: 74460W487<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EP               | CORP              | US        |    119562 | NS      | $1889079.60   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Lloyds Banking Group PLC                                        | Lloyds Banking Group PLC                                        | CUSIP: 53944YBB8<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |  15000000 | PA      | $15543735.00  | 0.30%             | N/A             | Variable      | 6.75%                 | No            |                  2 | On Loan: —       |
| Wells Fargo & Co                                                | Wells Fargo & Co                                                | CUSIP: 94988U128<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EP               | CORP              | US        |     39138 | NS      | $763191.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Unum Group                                                      | Unum Group                                                      | CUSIP: 91529Y601<br>LEI: 549300E32YFDO6TZ8R31 | Long             | EP               | CORP              | US        |      9636 | NS      | $224711.52    | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| W R Berkley Corp                                                | W R Berkley Corp                                                | CUSIP: 084423870<br>LEI: SQOAGCLKBDWNVYV1OV80 | Long             | EP               | CORP              | US        |    117926 | NS      | $2018893.12   | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Morgan Stanley                                                  | Morgan Stanley                                                  | CUSIP: 61762V606<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EP               | CORP              | US        |    629481 | NS      | $15630013.23  | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp                                            | Bank of America Corp                                            | CUSIP: 06055H400<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EP               | CORP              | US        |    293847 | NS      | $5406784.80   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| CoBank ACB                                                      | CoBank ACB                                                      | CUSIP: 19075QAF9<br>LEI: P0J8I7M2E0A77CKF1705 | Long             | DBT              | USGSE             | US        |  20000000 | PA      | $20447860.00  | 0.39%             | N/A             | Variable      | 7.25%                 | No            |                  2 | On Loan: No      |
| KeyCorp                                                         | KeyCorp                                                         | CUSIP: 493267876<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | EP               | CORP              | US        |     57334 | NS      | $1251027.88   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Sumitomo Life Insurance Co                                      | Sumitomo Life Insurance Co                                      | CUSIP: 86564CAB6<br>LEI: 549300I5OQCDADQSPI57 | Long             | DBT              | CORP              | JP        |   4700000 | PA      | $4662786.81   | 0.09%             | 2077-09-14      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Bank of Nova Scotia/The                                         | Bank of Nova Scotia/The                                         | CUSIP: 06419GEE2<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |  55200000 | PA      | $56993724.00  | 1.10%             | 2085-10-27      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                   | Citigroup Inc                                                   | CUSIP: 172967242<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EP               | CORP              | US        |    151450 | NS      | $3846830.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Macquarie Bank Ltd/London                                       | Macquarie Bank Ltd/London                                       | CUSIP: Q568A9SP3<br>LEI: 549300MPRNPO6FWNKN78 | Long             | DBT              | CORP              | AU        |   5000000 | PA      | $5060125.00   | 0.10%             | N/A             | Variable      | 6.13%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                            | Bank of America Corp                                            | CUSIP: 06055HAH6<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |  48600000 | PA      | $50879777.40  | 0.98%             | N/A             | Variable      | 6.63%                 | No            |                  2 | On Loan: No      |
| TELUS Corp                                                      | TELUS Corp                                                      | CUSIP: 87971MCR2<br>LEI: 894500TX134IMF6NW757 | Long             | DBT              | CORP              | CA        |  17600000 | PA      | $17742289.66  | 0.34%             | 2056-06-09      | Variable      | 6.63%                 | No            |                  2 | On Loan: No      |
| Electricite de France SA                                        | Electricite de France SA                                        | CUSIP: 28504KAA5<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |   5341000 | PA      | $6352499.94   | 0.12%             | N/A             | Variable      | 9.13%                 | No            |                  2 | On Loan: No      |
| Corebridge Financial Inc                                        | Corebridge Financial Inc                                        | CUSIP: 21871X208<br>LEI: 549300XY1661QCIA7J65 | Long             | EP               | CORP              | US        |     34735 | NS      | $817661.90    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Capital One Financial Corp                                      | Capital One Financial Corp                                      | CUSIP: 14040H733<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EP               | CORP              | US        |    103648 | NS      | $1710192.00   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Mutual Group Inc                                        | Liberty Mutual Group Inc                                        | CUSIP: 53079EBL7<br>LEI: QUR0DG15Z6FFGYCHH861 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $672061.18    | 0.01%             | 2061-02-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Exelon Corp                                                     | Exelon Corp                                                     | CUSIP: 30161NBQ3<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1465130.80   | 0.03%             | 2055-03-15      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| Citizens Financial Group Inc                                    | Citizens Financial Group Inc                                    | CUSIP: 174610402<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | EP               | CORP              | US        |     15373 | NS      | $306998.81    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Stifel Financial Corp                                           | Stifel Financial Corp                                           | CUSIP: 860630870<br>LEI: 549300E5F07FE5GHJX84 | Long             | EP               | CORP              | US        |      5715 | NS      | $137217.15    | 0.00%             |  |  |  | No            |                  1 | On Loan: —       |
| HSBC Holdings PLC                                               | HSBC Holdings PLC                                               | CUSIP: 404280EH8<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   5000000 | PA      | $5193160.00   | 0.10%             | N/A             | Variable      | 6.88%                 | No            |                  2 | On Loan: —       |
| Xcel Energy Inc                                                 | Xcel Energy Inc                                                 | CUSIP: 98389B878<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | EP               | CORP              | US        |    349684 | NS      | $8724615.80   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| CoBank ACB                                                      | CoBank ACB                                                      | CUSIP: 19075QAC6<br>LEI: P0J8I7M2E0A77CKF1705 | Long             | DBT              | USGSE             | US        |  16400000 | PA      | $16432193.20  | 0.32%             | N/A             | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| US Bancorp                                                      | US Bancorp                                                      | CUSIP: 902973759<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EP               | CORP              | US        |    117583 | NS      | $2759673.01   | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| First Horizon Corp                                              | First Horizon Corp                                              | CUSIP: 320517402<br>LEI: TF3RXI1ZB1TQ30H9JV10 | Long             | EP               | CORP              | US        |      5587 | NS      | $138166.51    | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CoBank ACB                                                      | CoBank ACB                                                      | CUSIP: 19075QAE2<br>LEI: P0J8I7M2E0A77CKF1705 | Long             | DBT              | USGSE             | US        |  11400000 | PA      | $11514000.23  | 0.22%             | N/A             | Variable      | 6.45%                 | No            |                  2 | On Loan: No      |
| American Electric Power Co Inc                                  | American Electric Power Co Inc                                  | CUSIP: 025537AZ4<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |  18600000 | PA      | $19591417.20  | 0.38%             | 2054-12-15      | Variable      | 7.05%                 | No            |                  2 | On Loan: No      |
| Allstate Corp/The                                               | Allstate Corp/The                                               | CUSIP: 020002309<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EP               | CORP              | US        |    208793 | NS      | $5478728.32   | 0.11%             |  |  |  | No            |                  1 | On Loan: —       |
| UBS Group AG                                                    | UBS Group AG                                                    | CUSIP: 902613BN7<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |  17000000 | PA      | $17341182.35  | 0.33%             | N/A             | Variable      | 6.85%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co                                                | Wells Fargo & Co                                                | CUSIP: 95002Y202<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EP               | CORP              | US        |     33835 | NS      | $615458.65    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Capital One Financial Corp                                      | Capital One Financial Corp                                      | CUSIP: 14040HCF0<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |  30840000 | PA      | $30634331.12  | 0.59%             | N/A             | Variable      | 3.95%                 | No            |                  2 | On Loan: —       |
| CMS Energy Corp                                                 | CMS Energy Corp                                                 | CUSIP: 125896852<br>LEI: 549300IA9XFBAGNIBW29 | Long             | EP               | CORP              | US        |    283450 | NS      | $6646902.50   | 0.13%             |  |  |  | No            |                  1 | On Loan: —       |
| Public Storage                                                  | Public Storage                                                  | CUSIP: 74460W552<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EP               | CORP              | US        |    470706 | NS      | $8811616.32   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| W R Berkley Corp                                                | W R Berkley Corp                                                | CUSIP: 084423805<br>LEI: SQOAGCLKBDWNVYV1OV80 | Long             | EP               | CORP              | US        |    150258 | NS      | $3062258.04   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Bank of Canada                                            | Royal Bank of Canada                                            | CUSIP: 780082AY9<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |  46600000 | PA      | $46563265.22  | 0.90%             | 2085-11-24      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| US Bancorp                                                      | US Bancorp                                                      | CUSIP: 902973155<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EP               | CORP              | US        |    116001 | NS      | $2198218.95   | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Farm Credit Bank of Texas                                       | Farm Credit Bank of Texas                                       | CUSIP: 30767EAE9<br>LEI: V1EBJIOLRNYDHDF63Z33 | Long             | DBT              | USGSE             | US        |   6000000 | PA      | $6287678.04   | 0.12%             | N/A             | Variable      | 7.75%                 | No            |                  2 | On Loan: No      |
| BP Capital Markets PLC                                          | BP Capital Markets PLC                                          | CUSIP: 05565QDX3<br>LEI: 549300CRVT18MXX0AG93 | Long             | DBT              | CORP              | GB        |  23700000 | PA      | $24497386.50  | 0.47%             | N/A             | Variable      | 6.13%                 | No            |                  2 | On Loan: No      |
| Rexford Industrial Realty Inc                                   | Rexford Industrial Realty Inc                                   | CUSIP: 76169C308<br>LEI: 549300MSLO0DF0EMX355 | Long             | EP               | CORP              | US        |     20500 | NS      | $460635.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| UBS Group AG                                                    | UBS Group AG                                                    | CUSIP: 902613BW7<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   7000000 | PA      | $7045773.00   | 0.14%             | N/A             | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                             | JPMorgan Chase & Co                                             | CUSIP: 48128BAQ4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |  50710000 | PA      | $53825673.11  | 1.04%             | N/A             | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| Nordea Bank Abp                                                 | Nordea Bank Abp                                                 | CUSIP: 65558RAK5<br>LEI: 529900ODI3047E2LIV03 | Long             | DBT              | CORP              | FI        |  43100000 | PA      | $44238227.90  | 0.85%             | N/A             | Variable      | 6.30%                 | No            |                  2 | On Loan: No      |
| Corebridge Financial Inc                                        | Corebridge Financial Inc                                        | CUSIP: 21871XAP4<br>LEI: 549300XY1661QCIA7J65 | Long             | DBT              | CORP              | US        |  20390000 | PA      | $20834077.07  | 0.40%             | 2052-12-15      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| American Electric Power Co Inc                                  | American Electric Power Co Inc                                  | CUSIP: 02557TAE9<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3014589.00   | 0.06%             | 2056-03-15      | Variable      | 5.80%                 | No            |                  2 | On Loan: No      |
| Nippon Life Insurance Co                                        | Nippon Life Insurance Co                                        | CUSIP: 654579AP6<br>LEI: 549300Y0HHMFW3EVWY08 | Long             | DBT              | CORP              | JP        |   5000000 | PA      | $5373640.00   | 0.10%             | 2055-04-30      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| Electricite de France SA                                        | Electricite de France SA                                        | CUSIP: F2941JAA8<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |  16500000 | PA      | $19624836.00  | 0.38%             | N/A             | Variable      | 9.13%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                        | AT&T Inc                                                        | CUSIP: 00206R706<br>LEI: 549300Z40J86GGSTL398 | Long             | EP               | CORP              | US        |   1678335 | NS      | $32693965.80  | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles Schwab Corp/The                                         | Charles Schwab Corp/The                                         | CUSIP: 808513BJ3<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |     40000 | PA      | $37789.68     | 0.00%             | N/A             | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Sempra                                                          | Sempra                                                          | CUSIP: 816851BU2<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |   7700000 | PA      | $7826803.60   | 0.15%             | 2055-04-01      | Variable      | 6.63%                 | No            |                  2 | On Loan: No      |
| Fifth Third Bancorp                                             | Fifth Third Bancorp                                             | CUSIP: 316773837<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | EP               | CORP              | US        |     54147 | NS      | $1394285.25   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Webster Financial Corp                                          | Webster Financial Corp                                          | CUSIP: 947890703<br>LEI: KMRURHT0VWKYS6Z5KU67 | Long             | EP               | CORP              | US        |     37427 | NS      | $931183.76    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Globe Life Inc                                                  | Globe Life Inc                                                  | CUSIP: 37959E300<br>LEI: 5493001JFHKQOPP6XA71 | Long             | EP               | CORP              | US        |    119083 | NS      | $2017266.02   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Assurant Inc                                                    | Assurant Inc                                                    | CUSIP: 04621X306<br>LEI: H3F39CAXWQRVWURFXL38 | Long             | EP               | CORP              | US        |     41739 | NS      | $856484.28    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Storage                                                  | Public Storage                                                  | CUSIP: 74460W446<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EP               | CORP              | US        |     79355 | NS      | $1261744.50   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co                                                | Wells Fargo & Co                                                | CUSIP: 95002YAC7<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |  57985000 | PA      | $61153764.28  | 1.18%             | N/A             | Variable      | 6.85%                 | No            |                  2 | On Loan: No      |
| RenaissanceRe Holdings Ltd                                      | RenaissanceRe Holdings Ltd                                      | CUSIP: G7498P127<br>LEI: EK6GB9U3U58PDI411C94 | Long             | EP               | CORP              | BM        |    236913 | NS      | $3781131.48   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co                                             | JPMorgan Chase & Co                                             | CUSIP: 48128B655<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EP               | CORP              | US        |      7628 | NS      | $190928.84    | 0.00%             |  |  |  | No            |                  1 | On Loan: —       |
| Public Storage                                                  | Public Storage                                                  | CUSIP: 74460W420<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EP               | CORP              | US        |    471069 | NS      | $7570078.83   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Standard Chartered PLC                                          | Standard Chartered PLC                                          | CUSIP: N/A<br>LEI: U4LOSYZ7YG4W3S5F2G91       | Long             | DBT              | CORP              | GB        |  10000000 | PA      | $9508181.00   | 0.18%             | N/A             | Variable      | 4.75%                 | No            |                  2 | On Loan: No      |
| Banco Santander SA                                              | Banco Santander SA                                              | CUSIP: 05971KAQ2<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |  39000000 | PA      | $47026395.00  | 0.91%             | N/A             | Variable      | 9.63%                 | No            |                  2 | On Loan: No      |
| Wintrust Financial Corp                                         | Wintrust Financial Corp                                         | CUSIP: 97650W702<br>LEI: Q774KI4AW80FHFW33O61 | Long             | EP               | CORP              | US        |    467120 | NS      | $12472104.00  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

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

**Name of Applicant:** Principal Funds, Inc

**Signature:** Megan Hoffmann

**Name of Signer:** /s/ Megan Hoffmann

**Title:** Vice President and Treasurer